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I do not know much about eToro except its name but in general portfolio can't be easily edited. Professional portfolios are build by good trading over a time period. As far as forex trading is concerned, there is an investor password by which any third person can check and analyze trading of any trader. These passwords are used to fetch detail from broker and it builds a portfolio like how much is the winning rate, how much is dd, what is percentage of profit/loss, how much amount was invested, what was withdrawal everything we even cannot assume. I am sure eToro will also have something like this to build any professional portfolio.
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Investors have just pulled out their money due to increasing scams in crypto market but I think it doesn't mean money will not come back into the market again, it needs a right push only. Currently ICOs and IEOs are not able to raise enough funds to launch their products properly and many of these ICOs are turning scams but as someone said technology keeps on evolving, I think there will be some new development in the crypto space which will bring back the investor's faith and market will continue to grow.
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Honestly speaking the current crypto market scenario is the worrying one. There is huge rejections of ICO, IEO everywhere. Investor are not risking their money in crypto market, its not looking good at all but market sentiments can change in few days. It we think technically, there is always a bear run after bull run and bull run after a bear run. Market moves into cycles. The last bear trend may the part of market cycle and currently it is going through a sideways trend, we may see a bull run next. This is my personal opinion.
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at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
I am worried about the fact Bitcoin will be accepted by bigger countries. It is true that Bitcoin is the first carrier of blockchain technology but due to its decentralize nature most of the govts. are not accepting it. On the other hand blockchain technology is the the latest innovation and big economies like China do not want to remain away from this innovation, they may adopt the concept to develop something under their control. Lets hope something good for BTC future. |
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Trading safely does not mean "Trading without loses". Trading w/o loss is not possible but trading safely means to minimize the risk. There are some points which can be considered to trade safely.
1. Not more than 2.5% amount of the total capital should be kept on risk in a single trade.
2. Trade needs to be taken on A++ setups only. Here patience plays the key role.
3. A proper SL and Take Profit points must be calculated.
4. Keep fear, emotions and greed aside while trading.
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Despite of many negative comments about Ethereum I believe Ethereum still have huge potential to rise. ERC20 is still the favorite blockchain for cryptocurrency projects. Transactions on ERC20 is very fast as compared to BTC. Currently the whole crypto market is in bad shape. Most of the coins have lost their values many folds so we cannot expect ETH to grow individually. I believe once the crypto market catches momentum ETH will start rising too.
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If I have 60 BTC, I will surely divide this amount in different investment options. Withdrawing some cash, investing it into some hard assets like real estate or Gold and keeping some amount in the form of hard cash etc. I will keep some amount as BTC only and will look for price appreciation opportunity. I will think of starting a small enterprise to generate employment and keep myself busy and ofcourse some cash for enjoyment.
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Truly speaking I came to crypto industry to earn some extra bucks and bull run in late 2017 gave me many folds profit than my expectations. Although I could not retain all the profit and lost a good amount in next bear run but cryptocurrencies industry became one of my favorite option to invest. Currently blockchain is not popular among common people but once people will start understanding its power, cryptocurrencies may see a new high. Blockchain has made international transactions really easy.
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Trading is actually a game of patience only. If a person can wait for the right setup, profit probability becomes high but unfortunately most of the traders are not patient, they trade the market like they will not find the opportunity again, this leads them to lose their money. Market is always here so if it is traded patiently one can get profit out of it. Technical trading of most of the financial markets is almost same.
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I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.
what do you think about finding people like that and how will you react to them?
I just listen to such people's statement and sometimes tries to convince them but its very hard to get them into the BTC stream. Most of my friends just do not talk about Bitcoin due to no or little knowledge about it and some friends related to banking sectors have its legalization concern which may be right to some extent. As far as blockchain technology is concerned most of the people around just know its name and do not know the real purpose and benefits of blockchain technology. I think it will take sometime to make common man understand blockchain and its benefits over tradition methods of financial transactions. |
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Scammers are everywhere and they have hit the crypto market badly. Crypto projects are not doing good now a days and it is directly affecting the bounty rewards. I agree with the thread starter that it does not mean good days of crypto will not come or bounty projects will not pay good amount in future, we just need to remain positive. There is always light after dark. There was a sudden boom in cryptocurrencies in 2017, it was like a bubble which was supposed to burst. A steady and calm growth in crypto market will stay longer.
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well well, i dunno what behind the owner minds.
he do a mass sell right now, after 8 years, but on 2017 he absolutely see the prices is 2x higher than nowadays prices, and he just hodl it.
a simple reason :
probably he think the price will go higher ,but now, he seems tired for hodl and take action to sell. although , transactions are not carried out simultaneously.
but well , its just based from my opinion.
Agreed to some extent that owner of these Bitoins may have tired of holding these BTC and sold it off but I think we all are positive about BTC price movement and we are expecting it to reach at new heights sooner of later, hodler might be in the same state, if he had hold it for 8 years then what is the problem in holding it for next 2-3 years. If he is worried about price decrease he could have sold half the amount. Yes if he has found some better investment option than BTC, it seems logical. |
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No doubt Nigerians are one of the most active community in cryptocurrency and it is an awesome update that top exchange like Binance has listed Nigeria's official currency Naira. The most supporting factor behind this may be Nigerian govt. positive stand regarding cryptocurrencies unlike other countries. Nigeria must have realized the benefits of blockchain chronology and its good affects on economy. I wish all other govts make a positive stand for cryptocurrencies.
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Why to go for low rating exchange when you already trusted exchange to buy cryptocurrencies. Just search internet and you will find trusted cryptoexchanges to buy and sell crypto assets. Some of these exchanges are Binance, ,Bittrex, Kucoin etc. If you just want to keep Bitcoin and ETH as assets just buy it from localbitcoins and localethereum which provide you facility of getting coins in lieu of local currency. Do not put your money into any unknown exchange.
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I just checked Bitcoin price and surprised to see 24% gain in a single day, currently it is trading at $9200 after touching high of $10275. For some days it was ranging and sudden rise in the price just surprised me. May be a positive statement of Chinese President Xi Jinping about Blockchain technology is the reason of this price appreciation of Bitcoin. Crypto market really needs such positive response to regain investor's faith. I hope good days of crypto world will come soon.
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I think need of crypto bank for a just securing your crypto assets is not a good idea. Crytocurrencies have many trusted secured crypto wallets hardware wallet and software wallets both and these wallets are secured with private key which noone knows other than the owner of that wallet. If such high security cannot keep our cryto assets secure than how can we trust on banks. Can't banks software/wallet be hacked by hackers? Crypto banks will only charge the fee for keeping your assets but they cannot provide you better security guarantee.
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Investing in Bitcoin is not a mistake rather its an opportunity but it depends how you grab it. Bitcoin is a very volatile in nature, it can multiply your investment in a short time and the same time it can drastically decrease your money invested, so its very important to chose the levels before investing into such a volatile asset. Technical analysis study and reading sentiments can help you choosing better levels. If investment is made at the right point I do not think there is better investment option that Bitcoin.
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I am involved in cryptocurrencies since 2017 and have kept my crypto assets in different wallet. I have securely placed keys of all my crypto wallets and never lost my funds to hackers. Although I never lost my funds from any of exchange wallets still I do not recommend it to keep your funds for a long time. I am currently using myetherwallet, metamask and another wallets and never lost funds from any of these wallets. I think if you do not share your private key and keep your system free from miscellaneous softwares, there is no chance that anyone can hack your wallet.
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Crypto world is not in good shape now. Entire things have changed over the past 1.5 years. You rightly said some of the coins have almost zero value which were trading at a good price. Even popular coins like BTC, ETH, Neo have depreciated in price badly. Only few coins like BNB have grown a bit. New projects are not doing good. Lets hope a good time for crypto will come soon, till then everyone shall hold their coins.
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Although I have not used Hotbit exchange but I never heard any withdrawal problem with that exchange. Most likely you may have some problem with your account. I also have doubt of you having proper conversation with their customer support as it seems English is not your first language and you are not properly able to express yourself. If possible try to find the exact reason from them and provide the formalities they need. I don't think they will stop you from withdrawing your funds.
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