indian government never banned crypto officially. All the recent romour are coming from new site that it can be banned. I will wait until government issue any official statement .
FUD's are grinning us, news manipulation and people could think that it will only give troubles and disaster. They wrong from what they understand, India never have any statements that they will ban crypto but it sounds like they just abandoned it knowing that crypto never gives a big attraction to them because of their status. May investing crypto isn't the priority of the majority.
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how does it work and based on the intense fluctuation of the cryptocurrency market how does Binance avoid losses and makes a profit? They make profit by coin listing and transaction fees. Since Binance has a high daily trading volume and trusted by most traders it takes almost thousands of dollars for them to get listed on their platform. Of course, as one of the leading platform they do have some criteria to make sure they are not supporting shit coins. With the massive daily trade, imagine how much fees they collect daily. The listing there, as I have heard, is around 50 BTC. That's freaking a lot. Knowing how to get in there is like volume heaven for altcoins especially the go-to for traders. A lot of them are actually going to be exposed to many traders looking for investments or something. This the reason why a lot of coins never have chances to be listed in Binance, fees are just crazy just to have a place in there. This is how Binance plays and still to be considered one of the best exchanges in crypto because of its volume and we can find good coins inside.
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I supposed to think that it could possibly be more than that. We are just in the 2nd quarter of this still, have plenty of days that would change the market trend and we might just surprise for another big strike happen across the market. It is a few more steps and we will finally touch into $6k. Being in positive, it made me strong and I've always thought that we may see another bull run this year.
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Bitcoin is still far off from what it wants to be interns if worldwide acceptance and general usage. So many government still don't believe in it and some still see it as scam and as such, it's illegal in those places. Traditional payment will continue working no matter how much of bitcoin technology that we all know. Regulations, AMA, and general usage will help bitcoin but now now.
Crypto adoption is not really that much and people still have doubts about this. People will still be comfortable with a traditional process especially those areas where there are unstable internet connections. This is how the internet becomes a vital tool for crypto and it sad that it has some limitations.
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Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? Ethereum is giving some signs that it is ready to make a move so anyone thinking about selling their coins should reconsider it, I know that ethereum has not performed really well lately but it seems to me this is going to change and if that is the case you do not want to miss the movement after you have waited for so long, then after you get your profits you can sell your coins and do whatever you want with them. This is a matter of giving our trust towards ETH or being hopeful that it will move higher. This is, if we are contended of the profit we can get today then better to sell it now but if not, nothing to do but to wait another pumps again. As I look the market situation, it really positive that ETH price will rise as BTC keep on moving and we might be able to see bull run again. May hoping that you can wait for that and to have more profit than of selling it today.
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I need to know if the coins like early in the year will start to inflate prices. However, I think this way the market will not rise. Say your ideas.
it is happening like your expectations but not higher that is the problem to take a chance again and I am hope with the end of this year to be a great value and the chances of development will be seen by me in recent times so it is a good sign of development. We are chasing big prices to came back just like it happen last 2017. It is really hard to make it now and to realize that the market today is different from of what it shows in previous year. Market development continue and do we expect a lot of changes may happen across. We don't need to worry if the price won't grow so high cause that is only it can give to us as it is still depending on market demand.
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It's really hard to understand the kind of cryptos to invest on as a beginner in this space.i bought virtually every coins that I was introduced to. Unfortunately the same person that introduced me to crypto currencies sold all this shit coins for me. Encouraging me to hodl till $1 or more to make profit. I'm still hodling and counting. Lol
You are just fooled by someone? Pretty bad experience dude, hope it will give you a lesson for not giving a trust to anyone that you've just talk unless this person is a reputable member in this forum. This is very important why we should have to do a research before investing. As per advice of many, better to invest with bitcoin rather than to loss our money in altcoins.
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It can be traced as to which wallet address it went to but as to who owns or the location of that wallet address is, i doubt it can be traced unless the owner registered it in a kyc prompt for an exchange or the wallet itself. If not then i don't think there's any use knowing which wallet it went to if you don't know the owner. That would be the dark side of crypto, we can trace the transactions but sadly there is no way to recover it and bring back into our wallet once confirmed. A single mistake will be a mistake forever, it could be difficult to have a system like that but we know it since from the start (irreversible) and we can't further change it. We should just to be careful and double check address before we hit the send button.
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I think the most important is for the coin or token to actually have a use case or product, otherwise, it's just another decentralized coin that you can trade and we already have them in the market. But, I think IEO is better than ICO, because to me with ICOs there are lots of scammers and from my experience, it is very hard to prove or be sure in the legitimacy of the project. But with IEO there are procedures a company has to go through before the launch and it kind of gives me the courage to trust these projects a bit more. For example, the https://yanu.ai/ IEO is trustworthy and they have a very nice Candybox campaign for token holders, a real product with a real-life use case Hoping that IEO will have a huge difference away from ICO performance knowing how bad it shows to us, full of Ponzi scheme project and causes the market to fall. Everyone will look IEO will be profitable but we can't still pronounce it until it is proven since it is just not long have been launch.
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Am I on the right path? I'm here to invest in crypto but since I don't have money to invest I want to start hunting for bounties and airdrops and from there I can use the money to buy better popular coins and tokens ,any chance that these can be achievable ?
being bounty hunter isn't easy mate and not a reliable way to trust especially when it comes making money IMO ,because mostly nowadays are ponzi schemes and sometimes other projects can't even succeed because of the circumstances of the market. So it's impossible you can obtain easily on it unless if you join on some finished bounty project which surely there is a profits will be made , but it takes months also to receive payment so must have patience if you're really interested. This is just in addition to the post above. If we are willing to choose bounties participation, see to it that we are willing to wait and waste time. Not possible that we are just wasted a lot of time especially when are in scam project which we have nothing to receive in the end. Really it was cause I've experienced it before and the problem still exists until now.
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Ethereum has long been time to grow in price. All people are waiting for this growth with impatience. I hope that growth will not stop at this level, but will continue at least a few days. That's just left to understand the reasons for growth.
Now it seems to me that Ethereum will not have much growth , even more likely the decline will be now , since the cue ball will be released for correction , but after the release of update 2.0 I think the growth will happen ! It is on the process and the effect isn't that instant that we could see it directly. By its continuous inclining motion we may think that we are already in the path where we can see ETH will go far. There is no doubts that ETH will move forward as BTC moves also, expecting that bull run will show up this year, it absolutely the entire market will pump.
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As currently, Bitcoin price is about $3400, almost the lowest price of past 10 months.
Is it the right time to invest some for the moment?
Thank you for any suggestion
Well the lowest is in January 2019 but if you did buy that time after posting this?then you'll be in profitability today And regarding when to when to buy?every $3k mark is enough to risk for investing because this is the lowest bitcoin can ever be A little bit late to buy and the dips were passed by, though the Bitcoin price isn't that high never have the guarantee that you'll have a huge profit this time not unless it will make another strike. But if we have still the courage to take the risk then, that would be a very tough decision and be sure that we are prepared for anything that will happen.
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the increase in the price of bitcoin was in April, and earlier this month really made us optimistic. however, to date, the price of bitcoin has not exceeded $ 6000. maybe a new sense of optimism will emerge after the price of bitcoin rises to that price, and ETH reaches prices above $ 200.
It is not we think that it will recover faster after a long dip, it takes time to do it and it needs more resistance to help prices move positively. Nowadays, we witness another huge increase in Bitcoin price and this could be some indications that we are going to move higher in the coming days. We might not be an amazing cause of its slow movements but could be enough for me to recover some losses.
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A good investor always holds the investment in bears time and make extra purchasing so that he can make a decent profit when the market is starting in a bull run.
We have a wide open understanding of the market, willing to take the risk and even it makes us lose. Our deep understanding of the current market condition will be a big help to survive for all market situation. This is why pro investors will ever do trading even during the bear season and they are still profitable.
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We are stuck for more than a year and maybe this year will be a great days for crypto. It is too positive to look that Bitcoin keeps on moving little by little and surpassing $5600 will be a step to finally takes bull run. We are too excited to witness it again and I really miss those days(2017). Do I believe that it won't happen again but at least we saw our market recovers after all.
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If we look into their site and even seeing on the person posted that nonsense claims, we could determine who is legit. This is just a false claims or invented scheme, we know already crypto before especially for bitcoin and we don't need to put doubts in our mind. Cause I believe that no other coin will be taking over bitcoin.
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actually the market is fine because if we compare it to the beginning of the emergence of crypto in this world then the current price is an extraordinary increase that has been achieved by crypto but the reason I can think that the market is in a bad condition is because my eyes are used to being spoiled seeing the high crypto prices and then suddenly becoming like this therefore I feel that the market is deteriorating even though the market is fine
Definitely is fined since last month, it have a continuous uptrend motion which we I may think that it will continue until the year end. We have a lot speculations that bull run will strike this year and maybe this will some indications. But we know how volatile the market we have, so we never expect that we don't encounter dumps along the way.
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Still have doubts in our mind, thinking for the current flow as a bull trap or will go for the most awaited part of crypto which is bull run. I've never think that this will be a trap but it is the market in recovery. Yes, we are not getting far and to say that finally we are in bull run but I'm a little bit contented of what it shows recently.
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Ethereum for me is the second place to invest after Bitcoin, because ethereum has great potential for a lot of price increases like Bitcoin, so for me Ethereum will rise again along with the increase in the price of Bitcoin.
If talking about ethereum, of course it's a very potential coin and there's no doubt about it and I hope that bitcoin can rise soon because then ethereum might also rise as you say Ethereum is still depending on BTC market price but we need to have a sustainable market so both of them will rise and free from the dips curse. But we would like to see ETH soon to be independent from the market and could build its own strength making its own way. If that time will happen, there is only less possibility that it will dump when Bitcoin fall down.
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As everyone suggested to withdraw our coins in any exchange where we bought something, but if we are already used to trade directly then there is no need to withdraw it until it done. Even though we that control of our coins inside our wallet but we can't be 100% secured from hacking. All of us were subject into that and we are just lucky if we are not one their victims.
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