I can envision something in the future, wherein fiat would be less and crypto would be more, instant payments and everything that can be seamlessly done without hassle, and the OP was able to bring out the topic in a detailed manner.
That is not actually a very bad vision as far as I am concerned, it is the crypto space and the rate at which it is growing, I would not be surprised it taking the world by storm, but at the same time, we should still understand that government will never want to give up control no matter what and in every way they will want to make sure that fiat stays relevant. Nonetheless, as this space grows further, and people tend to realize they can have their own freedom, the more they simply discard fiat, but I do not think we are even close at all to seeing that happening any time soon. Why would we be surprised, people from this forum? We are witnessing for years how fast crypto is progressing, here that's visible from the first hand. When will crypto overtake fiat completely is impossible to say, like you two I also think that we are on good direction, and one day that will happen. We are going in good direction, technological progress never was faster than in last 10 years. That is good for crypto, and to agree about one thing world is going to be digital, and what can be better for that digital world than crypto currencies and crypto platforms, for sure not fiat. |
|
|
|
Many of us started trading crypto currencies with their purchase. And we got experience from practice. Of course, gradually, we studied the necessary information and gained knowledge.
To current newcomers would like to recommend doing things a little differently. Now there is a lot of information on different internet resources, which will help in a relatively short time to understand many important aspects about trading on the crypto market. And only after studying the necessary information you need to start buying crypto currencies.
But I don't agree with the statement that it is impossible to make a profit during training. This is possible. If a person carefully studies the necessary information, then he will make a profit when learning. Of course situations are different. There are situations when even experienced traders suffer losses.
In every activity there are exceptions, trading and gambling made many people broke, but many people made money and they are still making money. Newcomers needs to understand one thing, bankroll management is essential in trading, gambling and for every other aspect of life, it's simple to understand that more careful you are with your money, more chances you have to be successful in what ever you doing. People who come here prepared are the ones who make money even when they are practicing trading for the first time, unprepared people will mostly lose money and only with luck they will have some profit from time to time. |
|
|
|
The market gives two choices up and down, and because people lose because they don't have the patience to hold on when the market falls.
Sometimes holding is also hurting more more than panic selling just imagine about people sold their coins at January 2018 because of panic selling are more profitable than who is holding now so speculation is about buying and selling at the right time sometimes it is just based on luck too. One thing everyone cannot do is to sell, that is one basic thing with the market, as some people are selling, some people are coming newly into the market, and thinking of holding, and that is basically how it will keep going until we get to hit the level of mainstream adoption. I know it can be a bit difficult to see what you are holding tank down seriously and then you are assuming if the market will even have any chance in the nearest future or the possibility of even growing in the long run, but you should remember always that at least, if you cannot trade, you should be looking at holding and focusing your attention on the future. First mistake that people make is buying when price is rising, and they are selling when prices are dropping. Second mistake is making those trades with all amount, top or bottom should be chased, when prices are rising you are selling just some from your stash, it's how you touching the top, price rising you sell some, price rise a bit more you sell again, when price is going down you buy some, price drop more you buy some more, its how you touching the bottom. To trade successfully you need to have back up plan all the time, to be sure in that you need to have good control of your bankroll. If you buy on top and sell on bottom you will lose all your money, you lose if you don't have patience to wait market to move and make conditions for your trades to be successful. |
|
|
|
This would be very big I guess, only whales can probably do this in an instant. One good example of dumping that change the value was that of MT. Gox where the value was quite big to really create a change in price and cause a stir among investors that results in further more dumping of coins. I think collectively if people would have choosen the same option of holding or dumping the coin then it is also quite possible but this couldn't happen so easily.
You don't need to guess it, with every market can be manipulated, the bigger share of the market you have the easier for you will be to manipulate with that market. Take the total worth of the market and with 50% of the market in your pocket you can do what ever you want, you can control distribution and supply, you can control and demand if you know how. When you don't have a big share of the market but you want to manipulate with the market you need to know how to use media's in that purpose and how to rise panic or fever among people, doing one or other you can affect the masses to do what you want and like that to change supply and demand in your advantage. |
|
|
|
2018 been rough for crypto exchanges as a whole, with lots of exchanges shuts down and general interest in the sphere gradually declining. However, there are a number of projects that keeps hitting the market but didn’t perform well. Every exchange wants to adopt the pace of Binance but unfortunately ends up being low. Here are some of the reasons why new exchanges face downfall:
· Some cannot execute on their product vision and purpose.
· Some never release a real product to the market.
· Some do release a product, but never find a product-market fit. They release a product that there’s no need for, a product that solves a problem that nobody has.
· Some may release a great product but they do it too late and a competitor eats their lunch.
· Some fail as nobody ever hears about them due to the company ignoring sales and marketing.
Moreover, the unfavorable market conditions worsen their adaptation. We are also coming up with a solid project that aims at the problems which investors are facing while trading on exchanges.
Proassetz is a Crypto to crypto exchange with additional features of trading. Incorporated in Europe.
High graded trade engine and optimised platform for the connection between traders and trading. we are about to launch and we will float hybrid exchange.
Do review us and give your valuable suggestions.
World´s pool of fools starts to run empty. World's pool of fools will never dry out, like this guy who ask in headline why crypto exchanges fails to grow and in meantime he promote his exchange. Why his exchange don't make a signature or some bounty campaign to promote themselves, not to attack others and to promote yourself like they are better than others. Every service needs developing, security and supporters, but in the end nothing can guarantee success, hard work and a lot of commitment is necessary, but in the end we all hope for the best and we don't know what future is bringing. It's a big lie that new exchanges doesn't grow, look around, many new markets are around and most of them have good results even crypto prices are going down. |
|
|
|
No need to worry bro it is a temporary change in cryptocurrency ETH has decent potential and very promising coin in the coin market. It will get back again to its previous rank and hopefully, the market will dramatically change within a few days.
It`s how we need to look at things, in the long run. Fluctuating price means that price goes up and down, who like short term trades can try it, price will moves up and down, in long run I think price of ethereum will grow. Ethereum is still looking for its bottom, I thought it will be at 200 dollars, but it dropped more. Personally I don`t like short term trades with ethereum, it doesn`t have fluctuations I like, but I have couple on a side for future, I think that decent potential you talk about can push price very high one day. |
|
|
|
Yes bitcoin price is reducing alarming rates. I don't know what can I do... Many experts assured me November market will recovery but nothing can happen? What can I do?
Where did you hear that alarm? In your head? I don't know what kind of experts made any guarantees to you, but who ever guarantee anything in crypto is a crazy person, and you shouldn't trust them. What can you do? Funny question to ask, forum is full with good advices, so you should start to read more while you wait bitcoin price to grow again, that's one more good advice. |
|
|
|
This will be a good time to sell-- bitcoin is going down and people are just dumping on it. Meanwhile on the other side, people are getting the scraps of bitcoin that they can lay their hands on hoping that there will be a next bull run and make themselves rich. but if you are going to study the trend for this year, it is not looking good for the upcoming years for BTC. New coins are emerging and soon BCH will overtake BTC.
I strongly disagree, notwithstanding the dumping price, I think it isn’t a good time to sell. Rather get yourself ready to buy bitcoin. Prices may shoot up very soon so take the pledge now. This bitcoin price decline will be short time event, now it's time for buying not for selling, who sell will make a mistake, big one, never sell in dips and buy on tops, those two mistakes are the most common in crypto. People cry later for their bad trades, instead to make money they will lose. Why people should buy bitcoin? They can invest in long term holding, they can try to trade with bitcoin and try to make some profit like that, to invest in some services or simply to have fun. Whatever reason you choose, combining is an option too, it's good to be here and involved in crypto. |
|
|
|
Honestly, what do you think will happen with the market? no matter how positive I want to be, I think that lot of people (myself included) were waiting for the bull run to start this month, but we're already at 25 and there's still no movement, I think we should be thankful that btc hasn't continued to drop, but many projections have fallen apart when we're almost entering November and nothing of the bull run, what do you think will happen with the market at the end? we're finally seeing the beginnings of a stabilization? our goal should be mass adoption now that prices are stable?
I am beginning to loose patience on this bull run talks. I think we should just stop dreaming about it. Bull run is not a right that must always happen each year. Let take things as they are now! You are junior member, how long have you been here? You are losing your patience pretty fast, don`t you think? For all those who are waiting bull run to earn something and to sell I can say to not worry, it will come, some newcomers will buy again on top, later they will come here to cry for new bull run like you are crying now. Use this market in your advantage, if you sold some at 6500 dollars, price from couple weeks ago, now buy again, little a bit, if market drops more buy a little more, when price grows again sell some and you will have precious profit, if you don`t know how to trade listen others and just follow. |
|
|
|
Most of us are trader, and all of traders wants profit. No more long term holding, people will sell their cryptocurrency if they get chance to gain profit in form of fiat. They will buy those cryptocurrencies again after the price fall.
trading for long time by buying bitcoin at this moment really looks good for us.all cryptocurrency price now on cheap price.i hope when BAKKT trading launched, all crypto price could recovered again. Ok what's with the bakk that can help the crypto to recover?  There's a massive selling that's happening right now due to bitcoin cash fork and likely I don't get it why people are getting clever now and seems they're on bitcoin cash side. Hopefully, bitcoin will get back to its shape. You just haven't held bitcoin long enough maybe? It's still at the same value anyone who has owned it more than 13 months had when they bought it... it could go down to the $4k or 2k level and many of us just don't care. Anyone not in bitcoin for the long haul better not have money in it though. These low periods wipe out all the shitcoin holders  I have bitcoins since it was 200 dollars, I can wait to drop more before I start to panic. Low periods will wipe out unbelievers and shitcoin holders, that is a sure thing. This year we have many red days, and a lot of panic among new people in crypto. They are desperate, they didn't expect all this to happen, they had other plans, to be millionaires already. Bitcoin is in great shape if you ask me, this is a good ground for future. Price can't jump up when ever we wish it, give it some time, adoption is not a fast process, many good things are waiting for us and price will grow once again, nothing happen over night with crypto, except with pump and dump shitcoins, gamble with them if you wish fast money. |
|
|
|
I didn't read the whole article. I just find what are the "Most Promising Cryptocurrencies" that are listed there. I'm surprised why Bitcoin isn't there whereas it is the most trusted cryptocurrency at this moment.
The whole article is bad and it is an information for the masses again. An article for the newbies who are believing that these coins are good to invest next year. Yeah maybe some will probably rise but I will put most of my money into Bitcoin first before these coins.
You didn't have to read whole article to find why bitcoin and ethereum aren't on this list "Bitcoin and Ethereum were duly excluded from this list not because they are not deemed profitable but due to the fact that both coins have already been established in the market and will likely remain a store of value as long as cryptocurrencies are a worthwhile investment." I think list is pretty fair, most of the coins they listed will rise a lot in future, they even have nice and elaborated explanations why they think this coins can bring good profit. I have them already, this article didn't bring nothing new, most of the things we already know, this is for newcomers and people who didn't invest in crypto until now. |
|
|
|
if you take market-cap such seriously, maybe crypto and investment are not your thing.
This is good one, haha. There are numerous threads here on forum about coin market cap manipulation, there are very good articles on Internet about this matter, explained in such way everyone can understand it. People believe in everything they read, even thou experienced members here on forum always talk about not trusting anyone, and double checking every information. Never trust one source, no matter how good source is, never trust in one site, there are many of them and it's the only way to not fall in some trap. Be careful all the time when someone talks about your money and investing that money. |
|
|
|
I have the main job, so my time for Trading is not much. I usually relax before I open my PC and never do daily trading as it will only make you nervous. Buy your favorite Altcoin then order it on the sell order at the price you want and wait until it sold. This is how I get rid of my stress.
actually if we have regular job , our psychology trading better.we have monthly earning so we did not need to open trading every day.only best moment we will entry. the problem is that you can lose your monthly salary on trading You can lose monthly salary, or you can win, that sounds pretty much like gambling, like I'm saying for years, trading is like gambling. I have my job too, trading for me is like fun thing to do, I don't make money all the time, but with years practice behind me I'm better and better. Trading psychology is better when you have a backup, when you miss good trade to have something to act, if price drop to buy, if price rise more to have something to sell, never trade with all amount you have, doesn't matter how small or big it is, always have a backup if market do the opposite from your prediction. |
|
|
|
|
I don't like this "so called" apps that can help with gambling addiction, or any other addiction. I don't gamble for some time already, after so much gambling with bitcoins and fiat. Cure is other activity, I'm so busy that I can't allow myself to spend couple hours sitting and gambling when I have so many things to do, when I'm free I can't wait to lay down and sleep, I rest when ever I find some free time.
You can talk about stopping, but if you don't find anything else to take your energy there isn't app that can help you. Find some activity where you will spend time, energy and you will stop with gambling.
|
|
|
|
I heard the rothschilds are worth many trillions. They basically own the entire banking system so money for them is limitless, all they havfe to do is type numbers on a computer screen. These bankers have a strong control of our lives so I hope bitcoin can help us break free from their chains.
Rothschild family is responsible for the banking system we use for centuries, they don't know what they own, they are responsible for wars and poverty on global level. Nobody can compete with them, they run the world as they like and they don't care for humanity, they don't care for people and nature. With controlling the money and money supply they control everything else. This view is wrong. If money is used to prove wealth, those who have no money are not rich. A truly wealthy person is a person who is healthy, confident, sunny, active, patient, happy and hardworking because there is time. The less time, the less happy people are. To know that life is limited, money is just a help!
Thanks for this comment, people should stop thinking only about the money, that shouldn't be only measure of wealth. This kind of thinking that money makes you rich brought this world to this point where people don't have for food while others enjoy in life. It's defeating fact what this thinking made to entire world, and things has to change if we wish to have better world for us and our kids. |
|
|
|
I can see fluctuations in the market I think this is not the time for investment... Is my opinion is right Or wrong
I expect 2018 to end. Because it is very popular for a long time. The market is actually the most stagnant level of $ 6,000. Altcoins continues to melt. I think it's gonna be even more quiet in the middle of 2019. Great for you when you expect 2018 to end! Hahaha, I didn`t laugh so much for a long time, great! How people think it`s crazy, or better to say how much some people don`t think at all! When you see so much fluctuations (I`m not sure about what you talk about, because almost every market fluctuate) why don`t you use that in your advantage and earn from that. Follow the simplest strategy, buy low and sell high, and that`s a clean profit for you in your pocket! Investments should be long term in most cases, market is growing every year, so do the math alone, what you think about how much market will worth in 5 years from now? Trillions maybe? |
|
|
|
Firstly, before we take action according to such kind of news, we have to make sure that the news is true since news about crypto is mostly fake. We have to learn to recognize which one is true and which one is wrong. We can't depend on the news, we must step ahead with knowledge and experience even though market is usually moved by the news too. That's why we have to be smart and skillful on facing that kind of situation.
When ever you read any news you need to make sure in source. Not only sinews in crypto are fake, what you think where that come from? You need to check source of news before everything else, if news are coming from unknown source check it twice. As much as I agree that we shouldn't relay on news when we trade, news are unavoidable in that process, news can trigger panic among people, like they can affect masses and rising interest among people. Don't trust in anything with all money, when you trade check informations you have on more than one place. |
|
|
|
lots of investment places not only in cryptocurrency in other places also provide investments such as fiat and others, it's just that currently experiencing the era of digital currency so many will choose cryptocurrency for long-term investment.
Its true, i am believe people who invest in cryptocurrency already made investment in others instrument. I think they invest in cryptocurrency market because they believe cryptocurrency market still undervalued and they believe crypto is future investment There's no safe investment, you can think that facebook is good for investing, lots of people hangs out there, but that can change very fast. I know my risks, and each of us needs to know what we are facing with, more risks can bring more profit in the end. Crypto currencies are neither undervalued or overvalued, their prices are projection of current state of the market, with more people there will be bigger need for crypto, market will grow, as it grows price will grow. Most of the coins can fall in inflation, total coins supply guarantee that, if number of coins stay the same and demand grows, price will needs to follow. How can we be sure that demand will grow, again with more people involved that needs to happen. Everything leads to total adoption, what will happen one day, I'm sure in that as a man can be sure in anything this times. |
|
|
|
It has lost its excitement..I really wonder whether we will see a bullrun or not. We have seen many big dumpds before and good gains after that. Maybe we will get up to 20-30k again, who knows..Waiting for it.
Like op you are here for short time but you already talk about losing excitement, and because of what? Because price don't rise all the time? You people joined last year, when market has pretty nice uptrend almost all year, and now when price is stable between 6k and 7k dollars that isn't so attractive like rise from 1k to 20k. If you doubt in that rise to 20k again why are you losing time with bitcoin? Go find something that brings more excitement, something like gambling, play poker and there you can win a lot in couple hours or lose everything even faster. |
|
|
|
If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
Then it is better not accepted publicly. That's why bitcoin is still not accepted by all countries in the world now, they want to regulate bitcoin. Regulation of bitcoin will make it going centralized, cryptocurrency should keep decentralized. We can use btc privately without the acceptance of government, i guess this is the cause of massive btc usage in dark web. But they can't regulate bitcoin, it's already regulated, all they can do is to try regulate bitcoin usage on their territory. Governments don't know how to tax it and how to control it, as long they don't know how to do that they will not accept bitcoin. There were attacks on decentralised bitcoin network before and this attacks will happen again, but final decision needs to come from people around the world, people will need to make a choice and to decide where will their trust go, to centralised or decentralised systems, and we have centralization and look where that brings us after so many years, rich people are controlling everything with help of centralization of government and banking sector, that slavery has to end. |
|
|
|
|
Show Posts
