I think it's possible to make crypto a full time job but only if you want to become a professional trader. Mining is also suitable for this purpose but in this case you need serious investments to create your crypto farm. As for bounty and investments in ICOs, I don't think it's a good idea to quit your job.
There are many jobs that you can get in cryptoworld not just trading, but seeing the fluctuating price changes will certainly make your income uncertain, do you dare to depend on non-steady income? that's your choice. but in my opinion, as long as crypto income meets your needs, whatever the job, why not? |
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Hey, guys!
I become more and more nervous about my crypto safety.
I used different wallets for different coins before and now I want to choose one wallet for everything.
I have Bitcoin, Ethereum and Ripple.
The point is that even the biggest and as I thought the most reliable wallets have problems these days.
Money disappear somewhere, there's problems with access and withdrawals.
Can you recommend me a good, safe and reliable wallet, please?
I'm sure you have more experience in it.
Basically all online wallets have the risk of being a scam, so many people suggest using some wallets to be safer, but if you want to use only one wallet, then I recommend storing it in hardware wallet, no third party controls your assets, so that's will be safer.. |
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Buy low and sell high is really a very simple kind of strategy that can really that can really give a huge return of profit , but believe me this strategy really needs a great big patience because of the unstable market price. The crypto market is always unstable we cannot really predict when it rise or maybe fall that is why we need patience on waiting for the right time to sell.
This strategy is simple but in reality to do this strategy is not as easy as imagined, you are right that the price is very volatile, unstable, and unpredictable, sometimes the price is very long time to rise and suddenly the price can weaken or rise. need extra patience to use this method.. |
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your main fear is losing your money. To avoid this kind of fear, you need to invest the amount that you do not mind losing.
Thats right, dont invest more than you cant afford to lose, this strategy is simple but works. not only because you are fear of losing then you are afraid to take certain steps and decisions. therefore adjust capital to your financial ability so that you are not afraid of the risks there and your calculations can be made carefully.. |
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Study first and acquire enough knowledge, tips from the professionals and experienced traders are good but every tip has a hidden agenda of those giving tips, they are for the benefits of what they are holding or trading coins or tokens. Much better for you to acquire knowledge first for you to make an assessment on every tip you read from the social media.
People who don't have knowledge will follow the tips mentioned through social media and telegram channels. Instead of following their signals it is better to lead yourself because they won't give free signals without getting the benefit for the signals providers. Thats the logic, why do they provide these strategies and tips for free? of course because it's only for their sake. do not be too confident with the tips that circulate on social media, just use your own knowledge for the strategies that you will use.. |
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Yes bitcoin value is losing but it is not surprising for me and i think it should not be suprising for anyone else also. Bitcoin flickers alot and is totally unpredictable. Downfall and upturn of bitcoin can take place anytime.
Bitcoin reach the highest value on 2017 Yes, I find it's too difficult for most crypto able to uptrend once again because there are many regulation has been made against crypto. For me personally, I keep hold as long as possible , at least until 2020 When impossible become the chance for us to achieve profit,right ? Yeah if there are a lot of regulations still against in crypto, maybe we will still find it difficult to reach that price again in the near term, but once again fluctuations make prices rise and fall quickly, so I myself believe that sooner or later the value will definitely strengthen again for whatever reason.. |
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I think that all these five ways can be replaced by one - do not participate in the ICO when the market is controlled by bears. This is the most effective way to avoid scam.
Newbie problems are not just about investing scams, but maybe the main problem is. ICO investments are followed by many people including newbies and maybe many of them get scams. there are actually a lot of indicators to avoid ico scams ranging from their team to their project goals, but how to see that ico was made by bears? |
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We can try to have a commercial and air it to television. This will surely work since ads like this are already proven to have significant effect on the masses. The problem though is who will fund it.
You right, we can try to change the public mindset that has been doctrinated by the government by using television media, this media works very well but who will pay for advertisements on television? because bitcoin is not a centralization that is owned by someone, so no one will finance it. but we can help by giving education about bitcoin on youtube or blog and it's free right? |
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Banks will still exist but only few people will be using it, those are the people who dont have any knowledge about cryptocurrency. Crypto will overpower banks which may lead to people transferring to crypto.
Yeah I agree with you. If banks didn't adopt crypto currency they will surely not good to them. We are already in modern world, that's why people are engaging and adopting themselves in the world of technologies. Banks should learn to innovate. I don't think that the bank will experience deterioration and is replaced by Crypto. I don't think so, because the function of the bank is vital to the current world economic system, and it will not be changed only because of cryptocurrency. I know crypto will be increasingly popular, but it will not shift the banks.. |
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In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
In the case of Bitcoin, this condition can be measured by the growth of users, sellers, and initial users. Like other currencies, the value of bitcoin comes only from people who want to accept it as a payment instrument. but in fact many people still have difficulty using bitcoin as payment? because of the limited number of merchants who accept bitcoin. but bitcoin is still valuable? the value of bitcoin is maintained? in my opinion the value of bitcoin is not determined by the function of the currency but from another thing also, bitcoin will become a currency if there is a seller who accept it... |
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I believed that investing in the ico was very dangerous to do it, because the only things we can decide for it to invest is our trust. Therefore, if we have that trust in every ico the feelings of doubt and fear in the form of investment for sure risk is no longer be there. But, if we have those fear and doubt the risk will get involve or apply in it.
Yes, but the doubt comes in us, when we invest in the ico without researching well. So we must verify the projects before investing in any ico. Then fear and doubt in us will not work. Nope dangerous means that only a small number of ICOs actually run their projects, and most of them become scams? but it's not true that there are still many good and potential ICO projects, there are many projects that have successfully listed to the exchange, even though some of them are scams, but that's a risk in ico investment.. |
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No one can predict how the market is trending, so I think we should not be too pricey, relax waiting for a reasonable price.
True, so far no one has been able to predict the market will go up or down, what we do is just wait until the right time to sell your coins with patience and mental stability, of course we can go through difficult times in the market. many predict that prices will soar in Q4, hopefully it's true, if not, we don't fall into deep frustration if you holding for the long term then the key is to manage your emotions so you don't panic and stay patient. for now the price is in good and positive condition after yesterday's experience sudden rise, I hope there will be no sharp decline, and the price can get better again, yeah I hope that is true... |
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I would like to suggest you do trading, not mining any coins. Trading is a very profitable way to earn a good profit and this will increase your knowledge for the future. Mining is not easy at this moment, you can consult with a miner, they are not getting enough profits. Some miners claimed that to mine 1 Bitcoin will have cost more than 9K USD in their country, So bitcoin price should be 12K Plus. But It is now under 7K USD! So, both are good, but Mining is not good enough for this situation. Trading is good for all situations.
For bitcoin mining it will certainly be more difficult for profit because the remaining rewards are getting smaller, unless you do mining in Altcoin it may still be profitable, but I prefer trading because with your skills you can make it many times over profits.. |
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Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
No passive income is when you are not doing anything but still gaining. On the otherhand cryptocurrency trading is a little bit different because of market volatility. I can say that you can start jump off to reputable exchanges buy lower alts and HODL them until market recovers. Set a trading goal and sharpened your trading skills. Don’t be greedy and panic. Stay calm and be smart on your decision making. you right, we can't use it passive income because we have to do analysis and research every time in the trade, and it takes much of your time? unless you use a bot for your trade it can be your passive income, or you can hold it for a long term, maybe it can be a passive income.. |
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not every ico is a scam and there are really good projects in the ico market. if you find such a project, you can support the ico quietly. but unfortunately many ico are currently a scam and it is really not easy to find a good project.
You right, we cannot generalize that all ico do scamming on investors? the proof of the project that I bought successfully listed in exchange and I managed to profit? the point is to stay away from suspicious projects by looking at certain aspects, and looking for potential projects.. |
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My country, Indonesia, has not given the legal status to crypto currencies to be used as a payment instrument or currency. But local news is always reporting on the development of the latest crypto currencies. Every time I open an internet search site in my country, I immediately see the main news headlines, one of them is about crypto currencies. In my country, there are many crypto currency players, even every day there is always an increase in the number of people joining crypto currencies and people investing in crypto currencies. The fluctuating and downward trend in the crypto currency market does not dampen the spirit of crypto currency players in my country. Hopefully the presence of the new crypto currency player can add to the contribution so that the market situation can improve soon.
I hear local exchanges in your region reach millions of users? is that true? it's a pity that the government in your country has not determined any status on cryptocurrency, even though it can be an advantage for your community and your country, my country have legalized it, but there are still few merchants who accept it.. |
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crypto is green again, do you thing is good time buy now .
well, for all i know buying now is a good thing because the prices are down. on the other hand, what if it drops even lower? i think we should make actions rather than wait painfully Weakened prices do not mean the right time to buy, many people who use these methods and strategies actually suffer losses ? because prices continue to weaken, the point is to do research looking for the lowest price rather than weakening prices.. |
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Bitcoin brings damaged for everyone, every traders, because when a traders invest bitcoin when prices rising, he must faces a lot of damaged. Especially i bought bitcoin when prices around $8800 but now prices is $6300
not everyone have feel damaged dude? losses may get to everyone but demaged means a terrible loss? whereas not everyone experiences big losses or bankruptcy? many traders actually get big profits, of course with the skills and experience they have.. |
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Investor psychology is the most important event that guide the market. In this sense, news and developments are always used to conduct perception operations on the investor.
Thats why some traders use bots to run their trading strategies, because they don't want emotions and their psychological state interferes with the calculations in their trading, because the psychological influence of players plays a role in their choices.. |
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strong hand and weak hands are only short term concept that do not apply to long term and the overall rise of bitcoin. the weak hands win (if you can call it a win) during drops when they are panic selling and strong hands are winning because they sell before the weak hands and buy back before them at the bottom too. and like always Hodlers are always winners in bitcoin  Yes just hold it for long term to be a successful person.I want to hold my crypto currencies for very long term and hopfully the prices will continue to rise in the upcomings days as well.I think there will ba new all time high in the price of bitcoin by December 2018,  The weak hands will never win with any conditions, because they do not consider the aspects that exist to make choices, they are very easy to panic and do stupid things like very easy to determine when to sell and buy when fud occurs, while strong hands are considerate people Of course they will choose the right one not based on panic.. |
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