I'll tell you so that the minimum is not less than $ 100 . I know people who $ 100 did for the month of $ 2000 .But this exception, the optimal amount of input 5000-10000 thousand dollars .If you still want to see a profit!
I do not agree with you about how much the minimum money is. This could be 100 or 100k. It depend on your skill which you can do in the market. Also, there is nothing more things you can do when the prices are red. |
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In this case, if you invested all money, you have to wait for green prices. In my opinion, your way out is invest in other projects which bring in more revenue. Waiting may not always be helpful. Other way is margin trading, but you need more money.
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Yes it really is, wallet security is important because it shows how you will protect your digital wallet from hackers or people that have bad motives to it. Turning it on will make your wallet more difficult to hack and you can recover your wallet incase you lost your device. It may be a hassle to do but it is a big help to prevent your wallet being emptied without your permission.
Security is important in the cyberworld because you don't know who or when hackers will attempt to invade your privacy and stole something important from you.
It is definitely the main reason for using wallet. Because there are hackers who can even steal exchanges money. Anyway, you should give priority to offline wallets, then 90 percent of your money is secured. |
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I have free electricity and I still have not started mining. Go have a read in the mining sections of this forum. Those guys will scare you out of mining in a few threads. I still don't know what to do at this point.
Mining is good, but not for Bitcoin. It is not true that spend so much money for mining during the price drops. But, in any case, there is no limit to what you can earn with trade. |
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Anyway, investing in ICO is best when the prices are dyed in the blood. It is difficult to estimate the price in these days. If you invest money to potential ICOs, you can earn a lot more than earn from other coins.
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It can be done by applying force to people and it is the end of the democracy. I think it's too early to think about it, we still use paper money. First, we should expect paper money to be converted to digital money.
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It's not right to measure them like the same things. Before anything else, they pay tax for it and there are some countries, even they fill the budget with these taxes. Certainly, there is tax for the cryptocurrency, but the privacy of the crypto is helping you hide. In addition, acceptance of cryptocurrency will collapse bank and financial sector.
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I don't fully believe that we will use digital money which can't be managed in the future.
The first way is that every government creates its own digital money and use it instead of paper money. But it doesn't seem it will be free as Bitcoin does.
The second way is Bitcoin will be used, but the limits will definitely be used. Because, stability will be a necessity, so you can use it for daily shopping.
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Even now Bitcoin is affecting the economy. This effect is very small now, but when the price goes up we will see it grow. In the future we can see that it is used for trading among countries. In my opinion, this trade will not be with BTC or any other altcoins, the states will do it with their own digital money.
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Technical analysis can be helpful sometimes. But I think, fundamental analysis is much better in the crypto. It is easy to move the price of the digital money which value of market is so cheap, and with TA you can't reach a conclusion in this situation.
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If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%
Percentage may vary depending on the current situation. Because, in today's situation if i invest money to any project, i can't wait big profit. In addition it depends on potential of project. |
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Binance continues to increase its influence on the crypto market. What is it working for you? Any complaints? I was really annoyed and annoyed with binance, recently I saw a lot of related issues such as logging in to the account very difficult, always appear IP address engraved login to the account I also appear to automatically buy coin and sell coin for long accounts not to log into binance. Recently there was a coin in the account transferred without confirmation of mail, I was really worried and pulled out of my property out of binance. The reason for the difficulty of entering the account is for your use without danger. If they don't, hacking accounts will be much easier. Already Binance is number 1 for now, because it isn't dangerous. I heard problem with Binance was the API problem 2 month ago, and they fix it. |
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I have seen the crypto market for last 1 year and the last 6 months are not so good for BTC and Alts.
The total market cap is going down and price of BTC is pumping and dumping again and again.
What should we do now hold or take a exit and wait for more drop ?
In fact, in this situation Bitcoin proves itself. Instead of giving up Bitcoin, you should trust it more. There is no big reason for the price drop, and the biggest reason for this is psychology. Maybe if people believe more, we can see a different price in the future. |
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You should investigate this forum. There are plenty of materials which can help you for understanding what is crypto trading. Also social networks can help you. In Tradingview you find trader's TA and what they think about future of price.
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So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
All trader's purpose is the same ''buy at dip, sell at high''. Just you should do is get the BTC when you think it's time, and sell at a high price. In this way you can aware of the number of Bitcoin. |
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Yep, nowadays you can see plenty of exchanges. But big problem is most useful exchanges are centralized and they can manage your account. I mean they never give you private key, if there is a problem.
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In my opinion the best reason is that people are already tired. Because we have not seen good news this year, and each day goes even worse. As if someone put a limit on price.
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We should accept Bitcoin is a king. There are so many scam projects that Bitcoin is the most reliable among them. I think this is normal. Perhaps if it were not Bitcoin, there was no such thing as digital money today.
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If you can not see it on the wallet anymore, you can not bring it back. I mean the money has been subtracted from your wallet. According to that you should keep your crypto offline wallet. Because the crypto which is in exchange isn't your, they can freeze your money when they want.
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I hope that someday the transaction system can turn to crypto, this is because transactions with Crypto are proven to be more effective, cheaper and certainly safer than transactions using Fiat.
In my opinion, it would be a little difficult to use such volatile currency for payment. For using crypto as a method of payment there need some limits. Thus can help reduce volatility. |
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