To avoid mistakes in trading you're not supposed to be in control of your emotions dude.
Then, don't believe easily or depend in any of the FUD news you will read in the updates of the coins, also
Don't rely on your luck too.
That's why you need to build up yourself and become an independent trader with great technical analysis in understanding the market movement. This is why, continuous learning in trading is must if you wanted to be profitable in the long run. |
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Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
Of course yes. Right now, Bitcoin's Blockchain allows us to transact in different place/countries without the intervention of the banks. By this means, more transactions can happen which means more business can grow trough this technology therefore more jobs will be offered. |
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Go look at the chart and I always check the resistance level and support level. Buy figuring out the chart pattern, I tend to decide wether to buy more or sell to stop further loss. This is quite a difficult decision but helpful to minimize the risk of loss.
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I don't think so. Not everyone are capable to adopt cashless economy since most of them know nothing how it works. Also, it's somehow not convenient for everyone due to the systems we have right now.
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Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol
bitcoin is not yet a stable coin, but bitcoin is now the safest coin to be used as an asset of trade or investment. if speaking of the most stable coins only usdt tether is the most stable price Bitcoin is not stable because it's holder base which is very similar to stocks. When the amount of Bitcoin being held by holders decrease, the price would certainly decrease. It is related to law of demand. |
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Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.
It's better to watch it via youtube for full explanation. In that way you'll be able to understand it easier since you're able to see the real demonstration with brief explanation which is vital not only for a newbie trader but also for all traders. |
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Look at the top 10-20 altcoins list in ymthe coinmarketcap. Most of them were the good choices to invest. The only thing you have to do is the good entry price. If they were decrease at their price to 10-20%, you can buy those coins and wait for them to increase to your target profit.
Not necessarily. You still have to consider many things using your indicators, chart patterns, and current events that could/have affect the price of the particular altcoins you wanted to trade. When the confirmation has been hit, you can then buy that coin. |
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I think crypto brokers don't suit much in crypto. I think they just suits in Forex or Stock Exchange. It's because I don't think there are really experts in trading with cryptocurrency as most of the time it's being influenced by whales or whatsoever they called it which is the reason why a lot of crypto traders are losing their money. Thus, trusting such crypto broker in growing your money the major issue.
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I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
Choose an exchange with high volume, secured (there should have 2fa security), and easy to use. I recommend you to use only Binance at start since it's user friendly including newbie traders. Their indicators and tools aren't complicated which is good when you're just starting trading. |
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I don't think we need that since we already have Bitcoin and other altcoins which charges us with low fee and safe at the same time. I think the cryptocurrency we have now is enough to protect your identity against fraud/scammers in gambling which is the main problem if we're going to use banks or whatsoever.
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Video games are loaded with aspects of gambling and people of all groups and ages play these games in modern times. Many games have things like loot boxes that you pay for to random prizes, Runescape has the duel arena where you can gamble gold against one another, and there are many more examples.
People may start off with video games and then eventually move on to higher sums gambling in real casinos. What are your thoughts on this matter and should anything be done?
Video games are really entertaining people and it can also be a gamble if you do spend of much money. I don’t think when you play video games you will ended up into casinos, because the enjoyment that we get from video games is different from casinos, and I think its your decision whether to choose gambling as an alternative or not. I think the OP means that video games is somehow a step/doorway or a practice stage in order for someone to gamble in casino which is in my opnion depends on the person. Some of video game players are still prefer video games rather than playing such casino games since the concept of casino and video games works in a different manner. |
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I bet they really do not know how to use their money in a useful way. They have so much money knowing that they are celebrities. If they are gambling for fun or because they are so addicted into it, we don't know the real reason.
I was just shocked that Mayweather is really addicted.
I don't think they don't know how to use their money well. We can't judge them because they deserve to have some fun themselves and I think that's the fruit of their hardwork. |
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According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
I don't think they will create something that will make issues in banks. We can see that governments are still studying it in order to be legalized. Also, the way Bitcoin's Blockchain works is very different compare to the banking system that we have now. |
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New casinos could have a chance to survive if there is something creative or something which is not offered by other casinos. From what I see, most of the new casinos has the same games and promos. Which is why most of them fail to stay much longer. If new casinos has exciting games, more interesting ways to keep players entertained and never stops to work to give players a better platform then, they would earn popularity and trust over time.
That's a plus. However, in my humble opinion I think the primary key to make new casino be more competitive than any other popular casino sites is to add new features which is very helpful for them and very helpful for them to make them more comfortable as they use it. |
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I'm looking for places to invest BTC. Are there any decent options other than casinos?
You may try to invest it in a masternode or just simply hold other altcoins. I don't recommend you to invest in return on investment program since most of them don't have a really purpose but to scam people by making them believe that it really pays. |
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The truth is not everyone can be a winner, casinos have to make profit off the losers. I see many of you believe in law of attraction and all that positive thinking stuff. I wish you luck on that journey and hopefully it works out for you. I guess it can't hurt to have that sort of mindset.
The probablity of winning in gambling is undeniably lower than losing. I think this is why they still exist until now. We can't really say when will the luck knocks but when it comes we should really use it as much as we can. |
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I don't think so. There are a lot of upcoming event in this year that could cause flactuation in the market which is exciting for crypto traders and investors. We can see this year that there are also a lot of banks that are now using Blockchain for transactions. This means that more people will use cryptocurrency thus will result to great market movement.
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What if 2019 is the beginning of another dump?? What would you do as a investor?? Wait till your portfolio goes to zero?? ... or sell whatever is left of it??
If I was in that situation and I've lose too in my portfolio, I will choose to hold until it goes to zero. It's because I have faith in my holding and I believe that I will not invest in cryptocurrency at first if I knew that it's not beneficial to commnity. I will just tend to believe that losers are those who doesn't stand for their decision. |
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Amazon will certainly accept crypto although not this year but maybe in the future. Some online shopping companies are already accepting crypto as payment which makes them more competitive than other online shopping which didn't accept it yet. Through partnership, I think Amazon will be much easier to adopt crypto as payment in their platform.
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From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
I don't think any individual is controlling cryptocurrencies right now and I strongly believe that it is traders that are really holding and selling. The market is currently in a bad shape and coins are in the hands of traders. which gives a major influence on cryptocurrency price movements at the exchange place can only be done by traders who have a lot of money or often called whales, they will manipulate prices in exchange and often make a trap like what happened a few days ago. Not necessarily. If there is huge drop in the marketcap, there should be something news or event that forces them to sell of. It's not just because of whales or whatever they called but it's also because of other common traders which could urgently need to sell of because their own reasons. |
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