Many of the telegram groups which give signals are run by the same people, I have noticed on multiple occasions of the groups giving the same signals. Many of the groups also conduct coordinated pump and dumps, and they usually send it in all the groups to gather a greater audience. Although some of the signals turn out to be correct, always do your own research before making a trade.
Good for you that you do able to spot it out because it is really a shady thing that been done by those fraudster or scammers just using up those groups and spreading fuds or shills into a certain coin to be bought for the sake of profiting by using people to buy the coins on where they do bought earlier. This is already rampant on telegram this is why when I using this app you should be attentive and not easily believe into those things which you can potentially read or hear about. |
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Price manipulation? Get used to it.
Every coin in the market can be manipulated if those big players wanted to make such act. Its not new to see these scenarios on most coins when it can potentially head up 500-1000x in an instant or on
a short period of time and this is why most people do make money for those who do set in early. Regarding on project development its one of the factors or any fundamentals but for AXP i havent check out yet.
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Saving money in a savings account is like putting money in a pocket with holes. Banks only give you interests that are lower than the inflation rate. It‘s how they make money. You are better off investing in ventures (Crypto currency) that give a return higher than the inflation rate.
Yeah, i do agree with that but can you also state about the risk factor? We do know that if theres a higher return it would have the same level of losing factor which means it isnt still appealing on most people. We do see the opportunity but it depends of a certain person if the he can embrace such risk. For the topic title question. Bank sector= Centralized Crypto= Decentralized They are fully different. |
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The market has been down for too long. Do you feel like quitting cryto because you ve lost much?
For me, am a die hard fan of crypto. I will be a coward if i run away. I will stay till the green light shows. What about you?
No one can able to know the ratio for those people who do decide to stay and for those people who do decide to quit with crypto but i cant really deny that there are really times that we do feel on quitting up because we have lost too much but its not really a solution because if you do give up easily you would just accept that you lose up money and not tending to have a comeback or striving to gain your loses back. |
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Even with Bitmex had no fee i do still have some doubts on using it. I was shocked when i saw the volume trade for the last 24 hours which is currently on rank 2 on all exchange when it comes to volume. Due to that 100x leverage which do give out some interest- Just a presumption though. As omegastarscream given about on those links you can search up for those exchange who do have zero fee but same as advised on the dude above never do easily entrust too much. |
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Sky Mining CEO Disappears With $35 Million, Claims Medical Issues -snip- I've never heard of good cloud mining services and Sky mining seems join in there. I do not understand why people fall for it again and again. Only the provider earns in cloud mining. Even if the ceo did not disappears with the money, cloud mining is usually not profitable for the end user.  You are right, even if we do just stick or based on cloud mining investments it do already signifies that this thing wont really be profitable but still people do decide to invest into this thing, I do said to my self like,WTF again and again? Now the CEO disappears ran all of investors funds and now they are crying? I'm not really being too harsh but I do say that was just right for them to learn that Cloud mining is already a SCAM plus the tendency of ICO Scam too then it would be a double dead for you.  |
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Is there something that could be done about upcoming ICOs with nothing to show (no MVP), to reduce the risks of investing in projects that will just flop?
Theres nothing we can do on how to stop those useless projects would flood out the entire market as long there are greedy people do tend to make a scam project just to make a good quick bucks from investors. I do agree on some of your points that crypto is somehow a Ponzi but not generally yet we do know that there is really a real innovation on here but the system on how to cash or funds circulates on the entire market we can really make these presumptions. |
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Last time I started traded was two weeks ago and it is still going on. Guess what I am not professional trader or I dont have any keen skills about the trading but I am still doing it based one logical methods. Now my trade is open for that long because I am just investing into coins that I like and I am holding them because I have not received my profits yet. That turns my trade into long term method and I dont care whatever it is as long as I am getting my profits.
So long story short, it doesnt matter how professional you are or what skills you carry, as long as you manage to have good trade opening and closing then you are good to go with it.
You are indeed doing trading but the thing you do mention is not really correlating on what you are trying to do. Why? You just simply decide to hold up for long term and its normal that you would able to get profits when the price tends to rise up which is entirely different for those people or traders do decide up to make short and riding with the volatility of each coins in the market. |
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Many cryptocurrency players have gone bankrupt
As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .
Normal thing to happen into this industry which if there are gainers there would be always a loser and this isn't different into any other similar industry like on other traditional investments like stocks or even on forex. This kind of system would exist no matter what even on physical businesses where if theres a competition then theres no doubt that one would really experienced bankrupt or losing profit. If this is your mindset as an investor to easily give up then getting those loses back wont be possible. |
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Just quoting up on what they do have said.
That bug caused a big loss in coins for the exchange and we have put our main currency under maintenance so the people who exploited the bug can no longer withdraw. After a really long investigation we found out that we still lost a big amount. This was caused by the coins software, it was not a bug in our system.We don't even know if this is a truth thing or just an alibi for those exchangers to rip of their users tokens. This is the risk on using small an non-reliable exchangers. |
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I think most of the altcoins are able to go 3x to 4x once market recover. The prices are really low now. Just choose a few good coins such as Neo, Omg and etc, it shouldn’t be hard to achieve the profit.
All coins would really have that possible multiplier specially when the bull run is already there where prices would pump up into points where possibly reaching out new All time highs. This is the hard thing on crypto where we do keep playing on the guessing game and only the good projects would really retain or sustain their position for longer periods into this market. For now I do suggest always stick up on top 1-20 coins on CMC. |
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edited: (changed from question to statement)
If the Banks where about to give a service where the people can get a LOAN via Bitcoins I guess, it would be beneficial to all of us,The Banks and The Traders.
I think with this, trading would be a lot more easier, am I wrong?
Escrows will have an easier way to get money from other individuals, and the budgets for the Campaigns will be a lot more than before.
I don't even think that Banks and Crypto would collaborate when it comes to those kind of services because if you do try to differentiate then you will able to see that Banks wont really make any tie up with Crypto and also Bitcoin or any other altcoin wont really need banks help when it comes to loans yet it do can stand on their own without the interference of Banks. |
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Icos look for bounty hunters to promote their project through the power of social media.Sometimes, some of these hunters also double as ico investors. But it looks like bounty hunters understand ICOs project and are able to determine very good projects before they invest because of their experiences in different projects.
Possible- but I would say only a few people would do such thing because I do believe that most hunters do really seek out money without the need on pulling out their own money from their pockets but I do agree on the fact that there are some hunters tend to invest just like me where there are times that I do invest on a certain ICO I do join up when I do see a reasonable thing to put up or risk money on the team. |
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Thank you for this wonderful post. I have had to live with the biggest regret of my life, not selling off my altcoins back in January when they would have been life-changing for me at that time and now am down to almost a big whopping phat 0. The only comfort I have now is that I am still alive and as I started from 0, I might still have a chance to make it big holding one or two decent coins, maybe not this year, but in a few years down the road. I cling on to hope now for dear life but I still don't know if I am making any big mistakes but if my holdings do ever go up in a bull run, what little holdings I have left, I will certainly unload this time around, if I get that chance that is.
Same situation on here which I do miss out that golden opportunity to sell out those times December to January which most of my altcoin holdings do pump out into massive multipliers but I do became greedy and hold it off to seek out for more higher price and later on when the entire market do make a correction all of my coins dumped down almost to 0 value and I'm still holding off these coins into my folio. Those amounts would be life-changing too but I do miss out which is really a stressful thing for me. |
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Actually, now that Coinmarketcap's updated the way they show all their data, it's actually already good enough to use for everyone. They used to get complaints that they were only showing the numbers that were fed to them but actually that was never their fault anyway.
Now, they are more transparent so you can choose which data to view, if you want to view it. No censorship of data at least that's what they claim, so I don't see that any of their old criticisms are valid.
Now its being updated and they do already provide the transparency then theres no way that you can deny that this is the most popular or widely used when it comes to informations about volumes and other related informations. Ive seen some other similar sites but I do still end up on using this site since from the beginning until now because it do provide all the things I do seek out compared to other similar sites. I'm sure there are some people who do use other instead of CMC but on my part I wont really ask for more. |
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Merit trading is definitely an unacceptable practice. Given how hard it is to get any merit I think that the cut off point for where you need merit points should be at member not a junior member.
A lot of people are stuck at junior member as it is now. Obviously they would be stuck at member in stead, but that seems fair to me.
maybe that seems fair to you, but I bet members would find it unfair, and ask for cut off at full member Its just right to have that kind of cut-off so the forum wont really be flooded by new members just to sign up and join up bounty campaigns or abusing giveaways and other related stuff. Actually I do see your merit history and seems like you do have lots of friends passing up merit for sometime its quite shady. |
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Everyone feels like quitting when market is down 75 percent and everyone feels like joining when we break all time previous high by 75 percent.
You should only feel like quitting after reaching record highs
This is actually the real thing where most people do feel out depending on how the prices move in the entire market. They do feel out on quitting when they do saw their portfolio is sinking and becoming alive and interested when theres a pump. I cant blame such feels yet we are just humans and its normal to have those things but this wont really be effective when we do talk about this investment because you would need to be a disciplined person or do have self control either into your actions and with your emotions. |
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I dont know did you watch or not, Cliff High published a video on Youtube where he said that Bitcoin will reach 64k price till mid April 2018. I am not sure if it is possible or not but in my opinion price makers wont let the Chinese investors to buy bitcoin such a cheap price like 7k-8k USD. I am really curious what people on here think about that ?
If you have revisited on the thread you had created wayback in February then you would able to compare the situations as of now where we didn't even tend to break out 9k price and those predictions isn't really reliable anytime even no matter how popular is the person would be on making such or saying those words. This do only proves on how volatile and unpredictable the market would be. Lots of speculations had failed up yet we are almost hitting the 4th quarter but the price is still tanking. |
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One strategy that works best in times of fall in the market is to remain calm, and not allow yourself to be blown by panic. Just hold the tokens with large caps and even if possible, buy more tokens and hold. For some coins like Bitcoin and Ethereum, it is always certain that whenever there is a fall, there is definitely going to be a rise.
What will you do when the market falls?
Saying keep calm into other people would really be that easy but when the time comes where you are experiencing such situation where you do see your entire portfolio is on deep reds i doubt you wont able to follow up those things too on where you do advise into other people. Keeping calm is hard because we are talking money on here specially into those funds you have put up is came from your savings lets say 80-90% then you can just let yourself be relax because you know on what would potentially happen. |
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