At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.
There's no way to tell until when will this bear market last. It will all depend when will people start investing or when will whales buy the dip. Mostly the bull market starts on q2 or q3 each year. So, we better just wait because I am sure that crypto will grow more as time goes by. |
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What do you think about bounty campaigns that announce their KYC check at the end of the campaign? Many bounty hunters simply don't want to do that and the bounty managers or the ICO teams get free promotion for their projects.
Is this fair?
Every bounty thread should clearly state, wether there will be a KYC or not. We should ask the admins for changing the rules regarding this issue.
What do you think?
We are still responsible to follow the given tasks asked by bounty campaigns. It is still necessary for us to do kyc if they're asking us to do so. We must just give way if it is for the security and betterness of the project. It is actually not hard to do kyc. It is just to important for each project to pursue their platform more secured. |
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I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Bank is too different from cryptocurrencies and it is well known than crypto. We can't deny the fact that no matter how profitable crypto is, some people still trust and rely in banks because they have known it first. Bank is just a place where we could store our money but it is different from crypto. |
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
It depends upon the future platforms of the coins. It is important that we are always reading the whitepaper of a certain project so that we'll have an idea about it's future. I guess there are still lots of coins which valued below $1 that would strike high in the future. |
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After participating in ICOs by buying some tokens or participating in bounties, the moment their tokens are listed in exchanges, what do you do guys, do you sell your tokens right away or wait for a more higher price to come?
It depends on my needs or the capability of a token. I always read their whitepaper upon joining so that I would have an idea about the future of the coins. If I can't see any future from it , I sell it but if the developers are actively working for it, I always hold and wait until I reach the target value of it. |
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The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
All kinds of investment are risky and to avoid losses or risky situations, we must first gain enough knowledge about investing and trading. For us to gain better profit, we must be wise upon beginning with trading and be smart upon earning. If we don't take the risks, we won't be able to earn higher than what we want. |
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Basing on the market today bitcoin is dumping hard and also the alt coins. I guess without bitcoin the other coins will be gone too. What do you think?
It is honestly really hard to predict because most altcoins rely on the value of bitcoin. However, there is still a possibility because some coins are strong enough to stand firm without depending on other coins. But still, bitcoin would still have a big impact so I think bitcoin still matters because it is known to be the father of all coins. |
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Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere
What is your response with this opinion?
I agree, we are all fair here in crypto no matter what our financial status is. What we really need to have here is skills and capability to understand the basics of trading and investing. It is actually the best way for people with different financial status to make their finances lighter and better. It depends on our knowledge about it. |
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For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?
Of course yes, it is actually the most beneficial way for me to earn better here in crypto. It is actually the one who provided me with lots of opportunity. Since I've had it, I've started enjoying earnings which I didn't find with my previous job. I am earning better through trading which I am so thankful for and I would continue to enjoy it as long as I can. |
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i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
It is just dangerous if you don't have enough idea and skills on handling it. It becomes dangerous if you don't know the basics of it. I believe that it is risky but it isn't actually dangerous if we know how to handle it and we know how to keep our earnings safe as well as our private keys. It just depends on our strategy. |
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I dont know if it is just me or others also experience it. I always set goals financially, set limits in spending and trying hard to save but most of the time no matter how i tell myself to refrain from spending in unnecessary things whenever i see something i really like even if i dont need it i cant resist buying it that cause me to regret later. Are you familiar with this situation?
I'm actually a kind of person who spends too much for my wants. I focus more on the things that I want rather than my savings but that won't make me keep my earnings grow. I believe that we must take control of our budget. Spending too much won't help us save for future. We must spend wisely and learn to value the importance of our earnings. |
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We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.
If you’re at the losing position what is the best thing to do?
Handling tough times in trading would also be needing a capability to handle our emotions towards it. I believe that upon joining trading, we should bear in mind that crypto is volatile and it is a part of it's volativity to change it's value any moment so we must all be emotionally prepared for any sudden changes. We must learn how to handle our emotions and be patient as well. |
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The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
I think a single person alone couldn't help the economy and it's growth. The economy must be helped by nations who aren't too poor and is financially capable of helping it's finances. I believe that individuals could contribute if we would know how to play our roles responsibly in our country. If we know how to donate to needy people on our community. |
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How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume? Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?
I trade when I am emotionally prepared for sudden changes here in crypto. I believe that we should know how to control our emotions towards our holdings before selling it. We must be sure when to sell and when to buy. I think that it is still best to have series of researches about our token's platfor to know something about it's future for us to know whether to hold or sell. |
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How is trader life in the future?A trader is the country's wealth?
I believe yes. Trading is actuallya great platform for us to make the economy better. It is a better way for us to earn and build better finances in the future. It is our future life. Imagine life if we all do trading, I think the future would become more convenient and finances would be lighter for us. |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
Ofcourse and I always do. I would really love to live life with bitcoin as our primary currency. I believe, life would be easier that we used to have and we used to live. Transactions will faster and easier for our convenience and holding would be more profitable for us holders and traders. |
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how to trade the good and right so that we do not lose? Can anyone advise to me on a trusted site? For seniors please guidance ...  We can't trade perfectly during our first try and we can't get rid of certain losses that easy. I believe that experience itself would definitely teach us how to trade better. It is our willingness to learn and ability to reach our target that would help us gain a better profit that we want. |
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This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Banks are just for keep your money safe!  Banks are made so that there will be a place for us to store our savings and earnings and it is really aren't profitable as what we are expecting. Unlike bitcoin , it is not a long term investment that could give us the profit that we have set. In crypto, we still need to exert enough effort to reach our target. |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
That is actually true, as you begin with trading, you must be emotionally prepared and avoid inputing too much emotions in it. In trading , we must all be patience and be willing to wait for the perfect timing all the time. We must just enjoy what we are doing to avoid losses and regrets. |
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As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
As for me, I believe that it would be hard for cryptocurrencies to make physical money disappear because there are lots of people who don't know the use of crypto and that is the reason why people still use fiat instead of it. I think people still lack of education about it still and there are things that the government must do first upon rrplacing fiat. |
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