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The most reliable one remains Bitcoin, without any doubt. For the past many months I am not hearing a lot about the forked coins, but I still believe that Bitcoin Cash is a very good choice if you think that BTC is over-priced. Other good coins include Cardano, NEO, EOS, Stellar and NEM.
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A correction was expected sooner or later. After the wild jump from $900 per coin to $20,000 per coin, you can't expect the currency to stabilize at such high prices. A correction was expected at some point of time, and that was exactly what happened in 2018.
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I do believe in bounties. A few months back, I participated in the Traxia (TMT) bounty campaign (signature) and I got around $3,000 worth of tokens. Perhaps I was lucky. But I see that as an evidence that there are still a lot of good bounty campaigns ongoing.
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Although we can observe how new attractive coins appears every day, and I also have big hope on some of them, the Bitcoin is still the most reliable, i consider...
Being in this field for almost 6 years, I have to agree with you. No other coin has given me the sort of returns that Bitcoin gave. I invested in BTC during 2012, and ended up with almost 1,000x returns despite selling most of my coins mid-way. |
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Personally , I don't think there should be an ICO without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a ICO without a whitepaper is a scam? Or what can you say about an ICO without whitepaper
If a project doesn't even have a white-paper, then how the investors are going to get the details? In 99.99% of the cases, the ICO will fail and everyone who put their effort in to that project will see their hard-work wasted. Always better to avoid such projects. |
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One of the positive things that I have noticed is that unlike the earlier incidents, the exchange rates remained stable even after the ETF rejection by the SEC. That shows the depth and the strength of the market.
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I'd probably vote for hodling because day trade is the riskiest thing I can imagine...one day you gain 30% and loose 70% on the next day and so on...
It is risky and that's the reason why the probability of getting a good profit is high. If you are an expert trader, then you can make a fortune out of day trading. If you are not so competent, then you can easily get ruined. |
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A lot many of the noobs have this idea that trading is quite easy and you can earn 10% or even 20% profits every day. That is plain wrong, and at the most you can target 52% to 55% success rate in the trades.
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By safe, you mean "stable"? In that case, you should go for Tether (USDT), whose exchange rate is equal to that of the United States Dollar (USD). But if you want to profit out of your investment, then go for any of the third generation cryptos such as Cardano or NEO.
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What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
I would go for medium-term to long-term holding versus day trading. Because previously I tried my luck with day trading, and ended up with quite significant losses. Perhaps I was unlucky, or perhaps day trading is not suitable for me. |
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Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it
Which exchange do you want to use? Different exchanges have different deposit fees. After looking at the deposit/withdrawal fee, you can decide whether you can trade with the amount you are having in hand, or not. |
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No one wants to eliminate fiat currency. Even the crypto-coins are traded versus fiat currency. But in the near future, the digital versions of the fiat may get more popular than the physical versions.
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
During the past few months, there were quite a number of good airdrops. But I agree that they are getting few and far between. The lack of an effective verification mechanism is encouraging a lot of scammers to this field. |
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IMO, capital gains is like double-taxation. You already pay your tax on your income and then invest your savings to the stock market or real estate. And when you get a profit out of it, you again end up paying tax.
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Yes. The world is ready and it is now or never. A majority of the world population has now access to internet, thanks to smartphones. Crypto should make use of this and increase its acceptability.
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I also believe that the crypto market is getting better this month and the Bitcoin price is $ 7,052. If the situation continues like this from the end of the year the market will recover completely.
The prices are quite volatile. A month ago, the prices rose to $8,000 per coin from 6K, only to end up at the previous level after a few weeks. Let's see whether this rally will hold or not. |
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I am witnessing similar threads in this forum ever since I decided to invest in crypto 6 years back. But till now no altcoin has managed to do so. I am not saying that it is impossible, but IMO none of the current bunch of alts are capable of doing that.
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The US represents the main export market for China. It will be wise for them not to provoke the Americans beyond a certain limit. The markets in the EU and other nations may not be able to make up for the lost share in the US.
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What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
As far as I know, simply by holding Bitcoins you are not liable to pay either income tax or capital gains tax. Only when you convert your coins to fiat these taxes will come to effect. Bitcoins may come under the ambit of wealth tax, but for that the government should specify that Bitcoin is a form of investment asset. |
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"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!
These "experts" failed to predict the 20x spike in 2017. And now how can we trust them with their latest predictions? My expectations are more modest for this year and I will be happy if Bitcoin finishes above $10,000 per coin. |
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