I was very happy when the telegram planned to dive into the world of blockchain as well. That will foster development cryptocurrency world, of course it is expected to be able to raise the price of bitcoin too. But there are only obstacles hinder it turns out there is a bad news SEC block telegram's planned token sale. Again and again haters especially America is always opposed to the concept of decentralization trying various ways so that cryptocurrency does not develop rapidly. We just monitor how the next development of this problem.
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If we compare BNB and Huobi tokens the first thing to see is who is the creator. The answer is BNB created binance exchanges and Huobi tokens were created by Huobi exchanges, the latter of which were Chinese exchanges. From there alone is enough to give that answer BNB is very superior compared to huobi tokens, as we know today Binance is the number one exchanges in the world with everything its advantages. The conclusion is there is no hope for a huobi token to beat BNB. If I personally have money, I will invest at BNB because it is a prospective coin and has good potential in the future.
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It is always interesting to discuss Libra coin because this coin is a controversy, some people say libra was created to destroy bitcoin.But I personally think that the appearance of Libra coin will boost the price of Bitcoin, which is indeed different between Libra and Bitcoin.Libra coin is intended as a digital currency to pay various bills, buy goods from e-commerce companies and also send money especially for Facebook users. While Bitcoin is like a digital version of gold which is more suitable as investment tool, although Bitcoin can also be a means of payment. We remember related to the issue of data leakage problems that have been made Facebook, that will make people will not believe in Libra coin. Not to mention that Libra coin is socialized because it is controlled by libra association which will reduce people's interest in libra coin, very different from decentralized bitcoin. Bitcoin it is not owned or regulated by any party, which makes people like it. The conclusion is that Libra will never be able to defeat Bitcoin.
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The challenge now to collect satoshi is very heavy, unlike when BTC $ 200- $ 300 is very easy to collect satoshi. There are various ways to get satoshi, but now it is very difficult to collect satoshi. Several ways can done like a faucet now it's just a waste of time, following many scam projects, following bounty requirements it's tight, playing trading market still bad and want to invest must have a large capital to feel the profit. So with the target Satoshi Millionaire 0.01 BTC as the initial target that must be pursued it is perfectly natural if the level of difficulty like now. After that, we will only pursue the next target in 21 million club 1 BTC, hopefully we can all become 21 million clubs at the end of this year. If BTC can reach the price of $ 20,000 again.
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If there is no regulation we can protect ourselves from the threat of scams. By choosing projects carefully, analyze correctly. If a little is not right, don't follow the project, don't give it a chance whit the scammers. Or more easily follow the projects held or sponsored by large exchanges like Binance, Coinbase and Yobit, because these exchanges can help protect us. And the latter must be active on telegram channels and social media that discuss their projects, whether the team has a good track record or act. The point is to be extra careful in investing in new projects, protect your money from scammers.
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Not all of the trading strategies mentioned above are suitable for everyone, because everyone has it each other's strategies. Including I personally have a mainstay strategy for trading bitcoin, that is to long-term I use the hold strategy until the target is reached. I think this strategy anyone can do it because it's simple to do, all it takes is patience to wait for the target to be reached. For short-term strategies I use is targeting a small profit of 1-2%, but it is done every day. But my strategy is not certain suitable for others. So please explore each of your abilities in order to find out which strategies are suitable.
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I think bitcoin prices this year are still in a downtrend, so it's better to hold for this year. Or if you have more money, you can buy more bitcoin. Because if selling right now even though the price has gone up, the profit gained is small. So I think holding bitcoin is more valuable to hold in the long run, because bitcoin investment is in the long run the prospects are very good and potentially reach the highest price. My prediction is that bitcoin in two years can be priced at $ 50,000.
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To be successful the project must have a strong marketing team or a good promotional method. If want many investors coming join, it's like selling goods. If you want to sold goods must be able to market it. Now this new project either ICO or IEO is lacking in terms of promotion, moreover there are many scam projects in circulation today. Scares investors to invest, my advice to the project owner. If you want the project to succeed, you must prepare large funds to be allocated for promotion. Don't be too stingy for promotional costs like a campaign for example.
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Indeed, every exchange applies the rules regarding trading fees, it is one of their ways to make a profit from traders. And every exchange has a different trading fee, so we must be observant in choosing exchanges for trading. For me about trading fees is really matter, because it can affect to my profit, for example trading fees of 0.25% is quite large. Especially if we have a large capital will feel burden some due to a trading fee of 0.25%, because of me doing daily trading is more pronounced with this trading fee problem. So I chose exchanges with trading fee low.
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There are so many ways to make money from Bitcoin, one of them is by earning interest from people or exchanges. To be honest, I don't like the way to get money from earning interest the most. The reason is because it is risky scam and also this is a less creative way. I think, because making money or profit is more fun if done in a right and creative way. But the decision is in each other's hands, i will not forbid anyone to get money with earning interest with bitcoin. If you want many who have provided this servant, like Binance and there are also in this forum. But please be careful in choosing this business provider, choose who can be trusted and clear track record.
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Ripple (XRP) has a good future, because XRP is a cryptocurrency supported by dozens of banks in the world. Including Standard Chartered Bank, Banco Santander and National Australia Bank, for the foreseeable future means of payment through the banking channel. XRP has price stability compared to other cryptocurrency, so choose XRP for investment is a good decision. XRP is also very potential, when it was created more than bitcoin around 100 billion XRP which makes it very fast in transactions and cheaper. So don't ever hesitate to trade or invest in XRP.
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I agree with you about 3 things should not be too in trading, the first thing is trading too much. Very true indeed It is recommended not to trade too much because it will make concentration divided and unfocused, it can cause us to take it wrong decision, then we will suffer losses. The second thing is trading volume is too large, this can result in loss large amounts of money because in this case we use a large capital to get a large profit as well. It will raises the greedy nature of ourselves. And if you experience a loss that will occur the lost money will be a lot. The third thing is know too many methods means using many trading strategies, this will make us less confident with the decisions we make and raises doubts. This is quite dangerous because it will cause us to get the wrong strategy, and if it is wrong the strategy has been confirmed we will lose in trading
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In my opinion why cryptocurrency is better than fiat currency because cryptocurrency has advantages over fiat. The first is to avoid currency counterfeiting, because as we know fiat can be falsified while bitcoin cannot.The second bitcoin has freedom and speed, while fiat is controlled by the government. The third bitcoin guarantees identity security while fiat is the opposite. The last bitcoin can be as an investment asset because the price can high dramatically, while fiat tends to be stable. That is the reason why cryptocurrency is better than fiat.
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If questions like that are clear I would prefer not to sell tokens / coins that I have for 500% profit, but will not invest in crypto again. but honestly there must be someone who wants an offer like that for the sake of instant profit. Because I have thoughts far ahead, so I believe the coins that I hold will reach profits above 500%. Therefore such offer will not change my decision. because really losers I think people who accept offer like that.
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Thank you for sharing a list of non-KYC exchanges, this really helped me. But after I checked there were a few started implementing KYC procedures, but that wasn't a big problem for me. Because of the list there are still many who are still consistent with non-KYC systems. But actually I am still hesitant to use exchanges on the list, afraid not credible exchanges. Only in the name of the KYC no-procedure but fake trading volume or scam. So in the mean time I still consider trading on these exchanges.
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This is another positive news for cryptocurrency, congratulations to the people of Croatia your post office to accept the exchange 5 coin crypto BTC, ETH, XRP, XLM and EOS to become fiat. This is truly an extraordinary step, now cryptocurrencyhas begun to be widely accepted. I really envy seeing developments in croatia, in the country where I live for converting cryptocurrency to fiat must be done online. I hope that my country's post office can following the post office steps croatia. Thanks for the info, this really opened my horizons.
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Do not blame ethereum if the price goes down or has not gone up, ethereum is a coin that has very good prospects. It seems like you don't understand about investing in cryptocurrency, so blame ethereum because the price is not good. I will reiterate that the risk of investing or trading cryptocurrency is high risk, plus its volatility. So patience is needed, must be calm do not rush to think about profit. Anyways the market situation recently improves, give time for ethereum to rise. I'm sure ethereum will surge in price in the future, but the exact time is not anyone knows. To be sure invest in ethereum will not regret. Please trust with ethereum.
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Thanks for your exchanges info, but I already have a favorite trading place. Just for input to attract new users for your exchanges is not enough with the free trading or referral program.It must be added something that provides more benefits in the form of coin or money, for example if you register the month this will get 0.001 BTC free, you can trade or withdraw directly. That way I'm sure there will be many who signed up. Good luck with your business. By the way nice unique name Bitlocus kinda like it.
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What must be emphasized about cryptocurrency investing is that it is a high-risk activity because cryptocurrency is very high volatility. So it is highly recommended to use money that does not matter if lost, do not use money for daily life moreover money from loans. If you ask me what are the dangers in cryptocurrency investing is the price fluctuating, there is the possibility of losing the private key and potentially becoming illegal. Therefore in investing cryptocurrency must think carefully, do not rush in making decisions and most importantly must be patient.
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Because everyone wants quick profits, so when coin listings are exchanged, people will compete to sell coins he holds. Automatically the price will go down because the price is dumped, and coins that do not have strong fundamentals will become shit coin. But I will not blame anyone for this, because everyone has the freedom to do what considered correct. The fact is people will not care about the future of the new coin listing, including the holders. What is in everyone's mind is just profit.
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