patience is really very important during a bearish market. but sometimes panics also work well. result with a early sell in the beginning of a drop. so you can collect more from deeper price  |
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it is very regulat that poloniex delist some altcoins. and unfortunately the prices start dropping before they announcing the delisting. if you are a regular trader and holding those altcoins it is very possible to be late to sell them.
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well, you can get more profit with better choices ofcourse. because it is impossible to choose the best trading option. there are always better ones. there are always a better time to sell. that is why short time traders usually can not make good profit.
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i dont think education makes any sense in crypto market. even if you had a degree related with finance, i dont think any financial parameter works imn crypto market. experience and being calm are the keys here.
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The global economy is nearly 80 trillion USD per year. Payments using any type of cryptocurrency as a medium of payment is a tiny fraction of this total.
What are some of the reasons preventing cryptocurrency from being more successful as a medium of payment?
first of all cryptocurrencies are not enough fast for payments. it takes time for approvement. especially for bitcoin. second volatility is very high so there is a risk for both buyers and sellers. third it is still not easy to cash out from cryptocurrencies because of some regulations. |
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yes indeed. i still try to collect as much as i can for holding. neo is one of the best long term investment right now. cause considering ethereum could grow that much in long term last year, neo will possibly do the same soon.
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I have a question.
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
wallets are much more safe comparing with exchanges. especially if you use a clean computer and a hardware wallet you are in safe. but keeping them in exchange has also some advantages such as putting stop loss and orders. so you dont loose time to transfer them during a dumb or pump. |
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ofcourse. most of us are aware that even 90 percent of the existing blockchain based projects are crap. they just launched their ico to collect money and that is it. they dont care about the roadmap or the product at all.
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neo and wanchain are two big competitors of ethereum. neo already started with good icos and has a good hype. many people know about it. wanchain is very new comparing with ethereum and neo but it is a hidden gem in my opinion.
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i dont believe in any pump. i believe in a natural and organic growing of crypto market. including all major altcoins and bitcoin. because blockchain technology and cryptocurrencies are still very new and each of them have a great potential for future.
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i dont know. i dont think someone here only joining the bounty campaigns but do not interest in trading in crypto market. because people that spend some time in this market probably are aware of the potential.
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if you are asking advantages of buying and trading altcoins, this is the most common way to increase your bitcoin amount. if you can predict the trend of an altcoin you can really make good profit in a very short time.
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This is great news for cryptocurrencies. IBM entering cryptocurrency space is another key step to legitimizing this industry (Crypto) for mainstream and institutional investors IBM is considering creating a stablecoin for use in its own blockchain platform. The company currently uses stellar as its payment method. The new cryptocurrency would be pegged to the dollar in an effort to make it more stable and usable for payments http://fortune.com/2018/07/17/ibm-stablecoin-cryptocurrency-stellar/thanks for your share. this is a great new! and there are so many good news about crypto market nowadays. it looks very similar to 1 year ago. it was very similar there were so many good news and sso many new adopters joinedş. i hope we will see a good rise again this year. |
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i dont think so because miners approve the transactions on the blockchan. if the miners stop doing it blockchain will be useless at all without any confirmations. so i dont think mining will stop.
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yes it is good. because quantity of tokens are reducing. so if the market cap is constant so price per token increases. imagine that there were less gold in the world, wouldnt gold price be much more comparing with now.
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if bitcoin can not succeed in lightening network, ethereum will be the new king. because ethereum is much more faster, fees are so low comparing with bitcoin and transaction capacity is quite better.
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i dont think for a newbie it is proper for a full time job trading. because if you want to be a full time trader you supposed to make daily trades not long time holding. and daily trades are really risky plus needs experience to make profit.
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there are so many airdrops advertisement everywhere nowadays. in social media, reddit, bitcointalk and telegram channels. they are all full of scam airdrops. their aim is mostly to collect our mail addresses to sell.
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