the current state of the cryptocurrency market is not the same as in 2017. All altcoin prices drop by up to 90% more and many projects continue to come along with scammers that make crypto increasingly shunned by investors. Even ICO which used to be very popular has now changed to IEO, but IEO is no guarantee that scammers will disappear. Scammers are smarter and take advantage of every opportunity available. Just waiting for the chance for bitcoin to go up, maybe in 2020 the market will improve and altcoin will start to recover.
Many people waited for nowhere but it doesn't mean we're certain all about 2020, because the situation kepts coming back and I can't see any good signs for altcoins to be outstanding in the next couple of months. As 2020 is nearly coming, the scenario was intensely surprising and yet it was so exciting to see how it work for many people who prefer to stay stronger in time even the circumstances went so unpredictable. |
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I agree, China is currently working for their own cryptocurrency. And look on their opportunistic side, they are using this time when SEC is particularly busy with Libra. Also in the bright side, with China opening another coin in crypto, this could result into opening another investment to all of us. And as we all know, Chinese are good in businesses. Hope that they could be in this matter also.
Most Chinese businessmen is hardworking and motivated on their goals to achieve a good results on their business. This is a good factor that could bring more opportunities to anyone whose willing to dig deeper with cryptocurrency, more new developments could go beyond expectations as China's own crypto is having higher potential because of their growing population whose the biggest prospect of adoption. |
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Bitmex emails got leaked, watch out with your old Bitmex accounts! Always enable 2FA verification... More info : https://youtu.be/-TVIkHiHIGYJust make sure we have 2FA in our gmail and i think everything will be safe due to the google activator authentication code is changing every 30 secs, i think it's really safe enough to secure our account. Except if the security of the exchange itself is not strong, we can't do anything. Hackers and phisers are everywhere right now so as a crypto people we have to be really careful about visiting websites that offer us free reward or something like that That's common to most access of different exchanges, but having an ethenticator app is most certain for log in security. This is very hard to solve by hackers, and that's why it's very important to avoid visiting those unknown sites because if you fail to do that authenticator is worthless. So be careful and always choose the safest ways to handle it and always stay vigilant as well. |
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Before you start day trading real money, I strongly recommend that you achieve stable success by trading on a demo account. Moreover, trading on it should be strictly disciplined, in full accordance with your chosen trading strategy. If on a demo account you deviate from your trading strategy and do not develop discipline, then when you start trading with real money you will almost certainly lose your Deposit. And of course you need to learn a lot of technical analysis and constantly be aware of the most current news.
Having demo account is a basic way of starting trading step by step so we can achieve a substantial knowledge, even though not yet effective but at least it's gainig good results. However this process would take a lot of time, and every trader should develop courage, determinations and will in order to become successful in the long run. Having awareness in very important for trading, regardless it it's daily or long term. |
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If you want to be safe in buying crypto, then buy it in the already popular exchange and the trust of the investors such as Exchange Binance, Bittrex, and do not buy from third parties, but buy directly in the Bursanya let me be safer. And don't forget to create security with Google authenticator.
Put funds on the exchange? Are you sure you will be safe? because our funds are fully controlled by the exchange. Have you ever seen the case that exchanges that have been hacked are the cases of users who put money there? problematic average can not even withdraw their funds and must take time to be able to withdraw these funds. less precise if we say safe on exchange funds That funds is safe when you're typically registered on the exchange affiliated with the country's Central banking system. Before deciding to deal with serious funds on a specific trading site, be sure to pass a kyc with them and that proves your legitimacy as a trader. If you already passed all those requirements, exchange site is liable with your funds security and now you can buy crypto holding from their end. Choose what type of investment you like whether it's short or long term trading. |
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Stellar is another good coin should not be missed if your looking for a long term crypto investment. So far this is one of the best alternative that you can find in the market aside from Bitcoin and Ethereum, low inflation and scalable less issues so far.
I haven't been so familiar of stellar for such a long time, but hearing upon the feedback of many people it gathered a lot of positive reviews. With this advantages, maybe I'll be adding that to my series of holdings in the future once my assets will be established. For now bitcoin and ethereum remained as the good foundations I had, and gladly xlm is there a good options for the near future. |
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I don't know but it really looks like we would hit another all time high next year .
And I hope that this could come true and the next question is would it be strong and stay at that price?
Because we have seen it make it to $20K but after that it collapse and slowly go down up to $3K.
So would this next $20K mark continue to climb or just repeat what happened before?
Everyone always look for positive results as bitcoin price tried to cover up those possible bearish trend that's making the price harder to grow. That's true, once price spiked higher it possibly goes down before recovery period is over. Eventually we will see same pattern of the price fluctuations, that's why our analysis only differs with few percentage. |
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Was reading about how Bitcoin first came into existence and people's first experiences with Bitcoin, cryptocurrency, etc on Reddit. I want to know how your guy's first experiences was with Bitcoin, and if you ever had any regrets or wins throughout the years. Also, would be cool to know how people first actually got Bitcoin back nearly a decade ago when it wasn't as easy as buying some from a local Bitcoin ATM near you.
As of this moment at my local place, without atm outlets for crypto was not openly accessible to people except me who've been using bitcoin for a long time. It was a cool experience that I've been lucky enough having bitcoin independently, and earning it without limitations compated to those person who has no knowledge about it. Though I've been sharing my thoughts towards my friends about bitcoin, it isn't enough to educate them unless it became popular at different places. |
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What I am scared of these following days is that bitcoin will fall under $5000 or worst. But I know it wasn't possible now due to strong market and I believed that adoption is potential to go further, as many people we're having confidence to own bitcoin as their reliable asset. That conviction had given me courage to be neutralized, even though I've been through anxieties several days ago.
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generally i will still invest in crypto that i think have potential in the future. but for the ICO or IEO is relative, depend on the project itself, nowadays its difficult to find legit ico/ieo. the rest only scam.
For the Pos algo itself, i will choose base on percentage reward that i think its good for long term holding.
Long term holdings is the best methods to grow your coins in the long run. Though it's not easy to find out which of those ICO was legit, there's always a many chances to gain a good market value once those serious matters will be out of the lime light. What's important now is we're aware of what's happening of the market. |
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what happened? price started a tiny rise then the FOMO kicked in pushing the price back up. guess who was FOMOing?  Im expecting for some u-turn of words on here  . I actually laugh in front of my pc when i do able to read up some speculations that we would head down to 4k after they do saw that the price plummets on 7k level and now we do see almost 9k price in a short time. Wondering on what would be their new speculations as of this moment. Whether we like it or not there will always be people like that whose been so confident speculating this and that but when they see a small rise then they are the first ones who do FOMOing, I just can’t understand them. Anyways, I guess they need to study more before doing or saying anything because it just made them look stupid. There are two reasons why I think they are doing this, maybe they're really angy with the modern technology because they think it will affect the status of their current business or they want the Bitcoin price to fall so they can buy it cheap and eventually benefit from it when the price goes up. That's purely a greed attitude, they tried to contribute on the manipulation of bitcoin price that affected alot of people whose very serious investing bitcoin as a valuable asset. To the point that they're having a mindset of buying btc at lower cost, do you think it's a fair thing? Since they also seeks btc price to go up after they start holding enough amount of it? This is really unfair to see, because they don't consider the feelings of small investors, what they're thinking of is their own welfare. |
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It is not that large of a fall and yet you are already crying about it.
What really happened? Did you lose in trading?
Looks to me like a of users here had already expected a fall after a big pump that happened until 10k.
That is already a signal for a sell without any regrets. Now it had gone steady in 9k to 9.2k which is good. It is like this is the new bottom.
As move forward expecting large market changes to initiate for the upcoming days, the price fluctuates fairly but not that good. Although that spiked so high previously but it doesn't mean we recovered successfully, because I seen the bearish trend pulled back the rope against btc. So expect that $9k level will play until $10k or higher, or maybe at the last days of 2019. |
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Are all crypto projects listed on coinmarketcap used for speculation purposes only ?
For the majority, the answer may be yes, but not for all. Essentially though it is, some are not only used for speculation. Suddenly we already can not expect that crypto will be used everywhere. Just remember when it was used in darkweb, now we have places we can use any cryptocurrencies as payment, and after some time we will develop further, and it will not be used only for speculation. Cryptocurrency has its own capacity to grow depending on the demand from people who belongs to it's desired community. How come it was speculated? Coinmarketcap was just a website who handles the monitoring of each and every coin's progress, pertaining to exchanges volume in trading. Furthermore, there's selected countries who have been using crypto as their mode of transactions that's why adoption also increased simultaneously. |
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It's a little difficult when we've played and there our emotions and ambitions cannot be resisted. although at first we have rules that have been made when it touches how much we have to stop, but sometimes we ourselves are carried away so that we spend all our money. I often experience this and in the end when we lose we regret it.when not playing we can make rules but when playing there our emotions can not stop
rules are only in mind before playing and starts losing or winning ,but when we seat in the table and start dealing?no there are no rules but eagerness and greed i hate to say this but all gamblers has this attitude not unless the very discipline players who knows how to limit himself and know where to stand and leave the table,for me thats what we can call a perfect gambler Descipline is very difficult to acquire once a person is drowned with gambling habits, limiting or controlling themselves is a big struggle. In eliminating this bad attitude, we need to look back on things that's very important to us, especially our family that binds us all the time. Once there's a financial problems I think, a gambler should keep in mind that family is more important than gambling so it should be the first priority and nothing else is beyond. |
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Apparently not every news that we see is good and there have been a meeting in NYC of the big investors Who are analyzing the price of Bitcoin and telling how it's looming near the death cross, if it crossed that then it will directly hit the bottom price and People will loose a lot apparently.
Let's keep it realistic , no bitcoins hitting 1 million and such , what do you guys think of the graph ? Why haven't it been moving to a favourable turn and as far as I remember the holiday season is coming so I don't think I would expect a huge price increase Soon , because we all know how holiday season affect bitcoins.
The price of bitcoin reaching one million dollars is not what we are speculating for now, it is what we know that will eventually be the target of bitcoin in future which could be ten years’ time or more, because for bitcoin to reach that value, all the supply of bitcoin must have been extremely limited and bitcoin becoming so scarce, but right now, our next target of bitcoin increase is not now or in this season of Christmas that we are approaching, but it will be after the next halving of bitcoin when miners will have their reward and that is what we expect to actually shoot the value of bitcoin high. Bitcoin not moving upward in price is not a criteria to even judge it for not performing well because there are lot of trades and withdrawal going on and as people put in money for a purpose, so as they also pull it out for purpose too, people cannot just continue to Put money without removing it which we all think will be the main factor for having an increased value. Most of the people who've been involved in crypto these days prefer to sell their holdings to get fiat money and makes cryptocurrency as their source of income. People always dumped their coins for important purpose, and even if bitcoin was at unpredictable stage like bearish trend, no choice but failed to hold their asset due personal needs. |
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It is possible that Chinese news to adopt blockchain technology influenced the increase in bitcoin, although the plan had been planned since the page by China but news from Chinese President Xi Jinping coincided with an increase in bicoin.
but everything is related to BAKKT's performance results, and the news has a positive impact and has caused investors to be bullish in the cryptocurrency market.
Chinese market always have a big impact on the world market. This time with the positive speech about blockchain the impact is felt much on the cryptocurrency market. This is the major reason for the price pumping we experienced over the days. With this in mind more investment happened on Bakkt which further drove the price forward. Yet this hasn't initiated a perfect bull market. Hope for bigger growth over the falling weeks. I always had a doubt that the recent pump wasn't just because of the Chinese leader showing interest in blockchain technology. He didn't even mentioned something about cryptocurrency or Bitcoin in his speech. It may have a little contribution to the pump, but there must be a major reason behind it. The massive buy out maybe caused by whales or from the momentum traders, or from the retail investors who were accumulating more Bitcoin in their wallet as a preparation after the 2020 halving. You mean it was just a hearsay? If this wasn't true, maybe it's only a temporary pump and the price might fall back because there's no real adoption in China. Fud is erradicating nowadays, and maybe we shouldn't take the some of those news seriously. Whales is the one who made this thing possible, so we're experiencing the previous price bounce and fluctuations. |
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The question of what the best store of value is, has gained in popularity lately.
It appears the solution some have adopted is: paper money is the best store of value!
All of which highlights a dire need for: paper cryptocurrency.
The best store of value is still the fiat currency and having a saving account in a bank is the safest option until your country has some serious economic crisis, storing these paper money and that too at home is not the smartest move and majority who does that may have made those through illegal purposes and hence not able to deposit in banks as you need to provide the source of income, paper cryptocurrency is also not a smart move but we might see that in the future but i am not going to use that for obvious reasons. Making your fiat savings stagnant is the worst scenario at all, because it doesn't gain any huge fluctuations while you choose to store it in your bank account. Much better if we're going to use it for crypto investments while it's still had the chance to increase at huge amount of percentage. You double or triple that amount of yours if you're willing to risk for higher returns in long term trading. |
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Since the beginning knowing crypto, I want to continue to be involved in it. Why so? besides being interested in the technology behind it, for me crypto is an easy and fast way to earn money. I can say this because has compared it to other industries that I have lived in. In fact, I am willing to quit job so that I can continue to be involved with crypto and can focus on studying its knowledge deeper.
A lot of people have given up on their current jobs to focus more on this market because this is where you can be financially free and not have to spend too much time making money. In fact, the crypto market needs a lot of knowledge to survive because any mistake will cost you money and if you don't control psychology, you will easily panic sell. Of course, anyone wants to make money in this market but it is still best to have a stable job to maintain your daily life because the crypto market has huge investment risks you can't predict. Crypto is not for those people who didn't have the desired savings, if you're a basic earner type of person who just work for money at your own sweat, don't risk your money for crypto. Having stable job is good enough to support your family and basic needs in order to live. Predicting cryptocurrency price is the hardest thing to do, if you're not seriously dealing with several trading strategies and all related factor that affects increase efficiently. |
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Since there have been many things and issues that are not good about ico and others, according to many members, the potential has declined drastically, can we all choose which one is the potential or not?
Honestly it's not a good year to join on altcoin bounty campaigns since most of them is a huge upset and it's a waste of time if you join on scam ones so better join on btc paying campaigns right now or find another ways to earn money here. But if you still like to join on alts then ask yourself or better think for it so many times if you can risk or not. So frustrating if I recalled those days I wasn't earning with altcoins bounty, indeed it was really a waste of time and efforts. Even with year 2018, all expectations went so down on different projects I had, but nothing happens; its always a broken promises without any good listings at trading sites. BTC campaigns nowadays was much reliable compared to altcoins bounties, so never miss the chances for money because it's right here as long as you're diligent and hardworking to earn for it. |
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Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.
Best Regards
CHRIS
Both styles of trading can be profitable what you need to do is to find out which one is better for you, if you are willing to take a higher level of risk and you are willing to watch the markets every day for hours then short term trading will be a good option for you, but if you prefer to minimize your risks and you have no problem with holding your coins for months or even years if needed be then long term trading could be a better option for you. Maybe it can be done at the same time, if we're willing to do the rest and face the risk no matter what. Minimizing our risk was difficult to do, while you're maintaining that daily potential profit to at your balance. That's why we need to focus on our goals as we move forward on daily task on trading, and if sometimes you encounter such signs of losing we can divert our coins for long term holding. Having both of these strategies will always be an assurance for us, to obtain a secure future on our important assets. |
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