In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
They both have the same result. Because, you can't use Bitcoin as money in everywhere, you should convert it to USD. But holding money as a Bitcoin, it is more profitable. So the volatility of the price of Bitcoin is not the same as the volatility of the USD. More risky, but you can make more profit. |
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Even keeping in wallets is not safe, so don't tall about exchanges. I think I would hold coins in hardware wallets.
The safest wallet is offline wallet. Because most exchanges aren't decentralized and they can freeze your account when they want, even without telling you. Also exchanges never give you your private key. Also, for securing your wallet more, you can try hardware wallet. |
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I think that in the near future Bitcoin will go to the top. And in December very strongly will grow up! I really hope so.
I don't think like you. We need to get good news for Bitcoin to make the jump, since 2018 we have been seeing a lot bad news. Indeed, the price has reached 20k in just 3 weeks in the past year. Just time will show us what will happen. |
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Technical analysis is one of the helpers to guess the right direction. I can't say TA works fully especially in crypto. Some money can change the direction as the value of cryptomarket is so low. The best is fundamental analysis in crypto.
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There is no problem if Ethereum isn't a scam. ETH is a coin with a second place that has proven itself in the market. No one wants scam projects to be, but there is absolutely a deception everywhere that there is human's finger. I don't think these projects have damaged the image of ETH. We have not seen good projects affect as good as to ETH.
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You should use stop loss in every transaction, because it's not possible to follow transactions until the end of every move. Stop loss can protect you from any loss. Even stop loss can not stop the price change in Forex in some cases, but in cryptoworld i have never heard.
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Bitcoin is a part of the economy whether we want it or not. If there is demand for an asset is in the economy, its price increases in accordance with the demand. In my opinion, when this demand comes, we will see the price which we would like to see peak at the time.
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Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?
The first thing that has to be learned once before is trading at Crypto is much more risky than any other sector. The money you invest here is the money you can risk. Then you should learn how to analyze in chart. But, sometimes the technical analysis may not work in Crypto. The most basic thing is to analyze the news correctly and without wasting time. |
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If you want to earn money without investing, you can join bounty. All you have to do at Bounty is to carry the signature of coin and write 10-15 posts a week.
The other way is to invest money. You can try new ICOs. It is little bit risky and you should protect yourself from scam ICOs.
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If you want to earn more you should take risk, especially at Cryptoworld. Maybe you will not have money when you wake up tomorrow. Maybe a balloon ready to explode. The more you want, the greater the risk.
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If you want to learn what trade is, you should investigate, learn. After learning the entrance, you should apply them to chart. As time goes on you will know more and then you will find the way to earn money whether you are long-term or short-term. You will not need a luck anymore.
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Hackers need 100 more years for hacking Bitcoin with the technology we have. Making Bitcoin hacking is equal millionth of possiblity a meteor dropping on earth. If you are afraid of the wallet's privacy in Blockchain.info, there are much more secure ways to protect Bitcoin. You can try the safest wallets which like a '' Flashcard ''.
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Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Certainly, all coin's price based on Bitcoin. But this isn't a good thing, because when Bitcoin falls every market turns red. For that developers should create altcoins which don't depend on Bitcoin or other things. |
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You might be right. But, if you want to make money without risk, choose the banks, because the money you put in the bank is insured and you can get it back if there is any misfortune. In the future, maybe gold will not be as valuable as it is now.
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Good day, just want to share my experience,
I am using 2fa as my security in my emails and exchange accounts, so one day I nearly lost my phone and that phone holds majority of my pins, 2fa, etc. so I thought I lost all, luckily I found the phone. So now I'm thinking of buying an extra phone for backup. What else do you recommend for backup?
If you lose your phone, the Authy program will disappear with it, but there is a backup code to get it back and you can reactivate it in another phone using this code. If you don't remember this backup code, it will be canceled after about a month, after you have applied for the exchanges and verified your own. |
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We all have that thought why do Chinese people actually make it in the business world. The reason apparently is that at an early age, their parents are conditioning the minds of their children to do business in the hopes that they will actually be heirs to their family business.
In your opinion, should we be teaching them the same or teaching them to be successful employees for the sake of climbing up the economic ladder?
Long time ago, I read the book which called '' Rich dad, poor dad '' (I can recommend you to read it). In this book, what is recommended to the father is that to teach children how to behave with money from their early ages. Because, teachers aren't teach anything about how to use money in school, but everything that is read and learned in life is made for money. If you don't do this, your children will not be able to survive without anyone's slave. |
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Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating. You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.  For their fear of cryptocurrency, they publish unnecessary news and people are getting into panic. Because, if we think that governments can not intervene from inside, the only way out is to influence the people and make an impact on the price. |
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1000$ is the minimum I'd guess. I always think about profits and Xs and the more you trade/invest, the more you gain. In these terms investing 100$ is not very rewarding.
No difference how many bucks you invest, the main thing is to be able to protect the money you have invested in, no matter how much you earn, but the money you will invest, you have to protect it without lose and you should invest the money which you can afford to lose. |
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Yes, there are over 1600 coins and tokens, but can they all help the economy in the future? I think no. Because of that, there is at least 5-6 coins belonging to a sector and they all want to be earn the most money in discrimination.
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
If you lose your private key, you can use backup words to get back. If you don't get it and if you lose the password, you have no other way to get it back. Use a very strong password that no one can hack it and you should use 2FA, if there is. |
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