Invest in bitcoin itself is risky, get involved in cryptocurrency lending business activity will give us double risk. Even if it is legal and regulated by some countries, it still risky. I prefer like to invest in new altcoin especially masternode coin rather than get involved in lending business.
Double risk is equals to double reward when succeeded however there is a huge chance of losing so much. I'd just rather invest on trusted coin especially high market capitalized coins than borrowing coins then hold it after a certain time and interest grow also, you'll just run after to it. |
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We're not there but we're going there, we have seen tremendous changes it was first introduced. There is no denying that it keeps on developing we are seeing how it matured through time. I believe that time will really bring real maturity to it as a currency knowing how the community continuously grow and support all aoect aboutits development. In time, it will be known to be the best established currency.
Changes on bitcoin does not necessarily means that it matured a long its way. For being 10 years in the market, bitcoin showed its capability to stand the market challenges however thats not the meaning of maturity. What i think of maturity is a mass adoption over businesses and establishments and it is easily recognize by the people. |
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It actually depends on you if you want to sell it or invest more,
If you are looking for a long term investment then go invest more,
But if you couldn't handle it anymore then just quit for a while and relax take a break.
That's true. In addition you may invest when price is falling and/or flatting. And sell your assets when price is at its highest. Indeed investing more while the market is down compare to its performance last year is greater than selling while the price is lower than you anticipated it could be. But it still depends on you if you want to sell it off right now or you'll hold and invest more. |
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Two most common made by traders are waiting too long because of greed and not being able to accept the loss. This works in every market not only crypto. In crypto you also have to add one thing that doesn't depend on you. This thing is market manipulation because cryptocurrencies are unregulated and people can do what they want. This includes pump groups, insider trading, and exchanges manipulating the price with their client's money.
I also noticed this. Trading for years on my experiences so far i've learn how to time my trades not early not late just having profit is enough to say your in time. Holding for too much long is also bad, its like waiting for the next decline when you do not guard the market. |
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I think it would be better for you if you diversify your portfolio and buy 15 or 20 more established altcoins such as Neo, Monero, Nex, Cardano, Zcash, Ripple, Steller and some newly listed good altcoins. In this way, you have more chance of getting good profits in future.
I am sure best advice might have been given to you. I wouod advice you to invest the profit you may gain out of the coins. Enlarge your capital. Do not tend to withdraw your profits untill you are sure that you have enough capital. This will lead you to be a big and successful trader. Common mistake what beginner do is that they just stick on their capital, ive notices that they just want a small capital yet expecting a huge profit. I doubt some of beginner only came just to make short income. |
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If the prices of cryptocurrencies now from its price way back 2017 and made you discourage that only reflects on what you know about the market and shows how newbie on this industry you are. The significant growth of the market fuels my trading passion and so im continuing it, there is nothing to give up when you see a development.
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Nevertheless their coin will benefit from a lot of eyeballs, but it is going to be a stable coin and probably kind of centralized so not really worrying about a bitcoin competitor. Still kind of nice to see big companies starting to get into cryptocurrencies. Means that sooner or later we will see a lot of funds pumping bitcoin to the pleiades.
If this coin will become a stable there's no reason for investors to buy it and people to use it because this will just cost transaction fee from fiat conversion and another transaction fee from crypto to service. you're right no need to worry about bitcoin if ever it touches the market ground. |
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Hindi na ata bababa pa yan sana lang ay magsimula na ulit na tumaas ang presyo nyan,
Sana pumalo ulit yan ng 5digit sa dolyar.
Hindi malayong mangyari yan paps, si mcafee nga at ibang bitcoin bulls sinasabi nila na aabutin ng 6 digits sa dolyar ang magiging price ni bitcoin pagdating ng 2021. Kahit na sino pang sikat na tao ang magsabi ng kung ano anong speculation about sa bitcoin still hindi makakaaffect yan sa galaw ng price lalo na ngayong matatalino at maingat na ang mga tao. Uncertain masyado ang mangyayari dahil na ren sa maraming factors especially sa price at kung anong year/time ito tataas. |
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I'll go with no KYC and definitely low fees.
KYC is always an issue, and most traders have one or two problems with it, it's either they're not comfortable giving away private information, or most times some exchanges have frustrating KYC procedure/process.
Low fees is the most important, high transaction fee is an issue and everyone looks out for that which is less expensive and more affordable as long as its secure as well.
Also for me, any exchange that deduct less transaction is really interesting at the same time they don't require each user to proceed with Knowing your customer policy. But let us also think that they need every transaction to be safe and so KYC must be optional and only requires if huge amount of money is being on transaction. |
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at the moment it seems impossible, fiat is still the main tool for fulfilling daily needs.
unless crypto is completely accepted by everyone and the government ratifies this rule.
Yes its very impossible for cryptocurrency to replace the use of fiat. First things first, cryptocurrencies contains high volatility rate that depends on its supply and demand unlike the fiat that is well regulated by the government and is backed by gold deposits that each country has. |
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Indeed EOS Has something to offer us in the future days on cryptocurrency. Im holding EOS on my wallet for about 25% of my investment is on EOS. Its chart and movement is impressive to observe up til now though the market is bearish. |
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Stoploss definitely worth it in trading we need to minimize the losses in the market so we should keep stop loss whenever we open a trade
If you are just going to minimize your losses, you just need to pause or rest on trading then wait for another time if you feel the market is increasing again. For me quitting after you loss is not an option but an ultimatum decision for your own good if you have lost a huge amount. |
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Day trading also will be profitable if you trade only high volume assets and you must be ready to convert your day trading into short term trading. It may prevent you to book losses within a day. When we trade highly reputed coins and tokens then we never need to worry on where we are heading and what could be closing value for a day.
I don't think so. There are so many lucky traders whom trade low trading volume cryptocurrencies but right time so they still can earn big profit in just a day. But for now, I don't think the matter is high or low trading volume, I think the main problem is how good trader you are. There are circumstances that the market situation really affects on your trading strategy, it does not matter if your good or not, if the market is ideal anyone can gain from it depends on how much they put on it. What matter the most here is how do you manage your asset. |
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I think the trader was made not born, because a trader needs to learn first about what is called trading, without learning and without the experience of a trader it will not be able to develop, and certainly it will make it lose.
even if the trade is born this will not be able to run optimally, trade is made for people who are willing and ready with all the risks to be in that situation. Same thoughts. Everyone is born potentially to be a trader its just that we do have different environment to live with and so learning trading needs to be surrounded by someone who trades. There should be a will to be a trader, Knowledge to pursue and risks to take. Therefore traders are made by its environment. |
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The transactions you do with the Margin transactions will certainly provide you with a serious and beautiful return, but you shouldn't forget that the risk of losing your money in such transactions will be quite high. On the other hand, there is also the risk of losing all of your main money in margin operations. Therefore, I suggest that people who do not have any experience do not do so.
Its just like trading what's not yours and just return to the owners afterwards. I personally don't like how marginal trading works because you are trying to double your risk on some aspect since you are borrowing and trying to continue your loss in the market marginal trading does not work with the kind of market we have right now. |
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In my opinion, technical analysis is work better in crypto trading especially for coins that has high trading volume. Use Price pattern and candlestick pattern to predict the price is more accurate in swing trading.
Technical analysis do really need on this kind of industry, where money value involve patterns should be traced and tracked according to charts. Cryptocurrency with high trading volume is lot easier to follow the ups and downs unlike the uncommon ones present in the market. As for me i dont trade low volume coins because of low volatility and the price might just stay stable in a long period of time. |
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I think the first six months of this year will still be bear one and there will be no big movement.
i totally disagree on you . didnt you see the price charts latety ? bitcoin as well as other cryptos are now wake up from thier deep sleep and they are now showing a slow movements going upward . so how can you still say that the first six months will be a bear , when the bear is actually ended ? it wil be acceptable to me if you say that the first six months of this year will going to be a bullish trend . That's just his pure assumption towards the market based on what he sees and foresee, there is no big movement from the market since the last year but there is a big decline compared to last year. Having bear market with the first 6 months of this year is possible if not then great, if yes then wait. |
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I don't have much to say if we talk about daily trading But if we're talking about long-term trade, the biggest mistake we make is that we attach importance to the other people's false market ideas.
Copying people's view towarda the market really sucks, its like depending yourself to them and whatever happens to them so will does to you. we should trade at our own will and be mistakes our own learning. |
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More than a year ago Merit System was integrated to Bitcointalk forum to make forum messages more informative and quality ( or should make it) That is the question\idea: Why Bounty campaign starters/managers don't use that? For example it would be an additional bonus for Signature Bounty participants if their message will be merited. It will confirm ( in ideal) that the message will be detaily read and estimated and signature will be noticed for sure. Well thought idea but this is just an additional job to bounty managers. As far as i know bounty managers can handle campaigns as much as they want as long as they can get the job done and i guess monitoring the participant's posts count. In the end it should be everyone's responsibility to posts quality to help on this forum. |
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If this is an STO i doubt that this is a scam. Because before having or to be called an STO they need to have tangible assets and theses allegations if clearly a form of STO boycoting since it is going to replace the ICO stage. They might be scammers that does not want an STO before offering the coin to the industry and will eventually run.
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