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#PROOF OF REGISTRATION
Forum Username: utoy101
Forum Profile Link:https://bitcointalk.org/index.php?action=profile;u=2098768
Telegram Username: @r_toy
Participated Campaigns: Article Campaign
ETH Wallet Address: 0x6E0Ecf78B0591eE3fc9D90AeD0c2e8bcb34ec94b
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If you are a newbie in crypto world you are bound to make some mistakes but this thread is for you on how to avoind making those mistakes
This is truly a nice advise you write out to help people overcome trading and investment mistake. However, i think not only the newbies needs to pay attention to it but also the experts as constant reminder helps overcome mistakes better. All the advises are on point but i want everybody to pay attention to the last one that talked about security as it is the ultimate key to protecting one's investment crypto space |
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If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
No doubt, it seems we have enough of projects leveraging blockchain and cryptocurrency, both the ones that has delivered and the ones in the process of delivery their products as well as the abandon ones but still there's still room for more projects and there's still a disruptive gab that needed to filled up. I think what we need is a complete reform on how to prevent scam projects from getting the attention of investors |
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It is not yet known whether the most important persons of this Scam have been arrested, but the fact that the scammers are systematically sent to prison makes me happy.
Nice effort from Chinese authority, I'm also happy that scammers are not getting away with it no more and i hope a refund will be made to the victims of the plus token ponzi scheme. I learnt the scame was orchestrated by a large team and only few has been captured so far but i have no doubt, even the remaining once will be brought behind bars |
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Happy massive 5 years anniversary to ethereum! The hardwork and the disruptive products of ethereum has seen it to be the second most valuable crypto asset available in the market presently. Anyone who knows even little about cryptocurrency ought to know how ethereum pioneer the creation of smart contracts as well as creating a ready made Dapp infrastructures for people to easily deploy their products on
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Let me rephrase my question again for better understanding: Which signals, what techniques, which movement do you consider while making selling decisions so that you always make best possible profit in the given scenario? If I chose right time to sell my futures, I would have made 10 times more profit.
Trying to catch and sell off a token at the all time high (ATH) is basically the most difficult trading decision because no ones knows when it will come through and that's why everyone will tell you to set a profit target before entering into a trade and when you successfully set your personal target, you'll definitely sell profitably |
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This is really an amazing thread, i make use of only binance presently because it seems to be the best in the whole of crypto space currently. They have lots of features that seems not to be present in other exchange and the fact that they support the largest FIAT pairs just makes the exchange a top users choice
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A lot of people do not want agree that surviving in the market today requires every trader to come to terms that they are trading on probability and at every moment of the trade there are series of different possible outcomes.
I agree with you, the whole concept of trading crypto centers around making research on any coin that has a tendency to increase in price over time, making proper analysis and research can actually take you far but after that you just have to predict and take few leaps of faith because many factors can comes in that will be out of your analysis and obviously out of your control too so it all boils down to prediction and probability |
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- How to prevent the fee charges burning your profit when the difference is small between buying and selling?Thanks.  I think the best exchange in the entire crypto space that suits every set of trading requirement is binance. It provide the best and cheapest trading services in the entire industry and talking about volume and liquidity, it has almost the highest which result in quick trades as a lot of traders are active on the exchange. Binance is known for it's constant updates towards better user interface, security, trading services as well as bridging the gap between crypto and Fiats, anyone looking for a good exchange should consider binance |
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Hello, do you have any ebook,article,blog,person, whatever that has to do with good advice for trading and you want to recommend? Thank you
I think if you want to really learn about trading to the fullest, you should rely more on practical videos rather than just reading them. Each of them either reading or watching trading guides have distinct advantages because reading about basic principles of trading would give you concise guide on making trading decisions and things you should avoind but watching the practical video will show you how to apply them live while trading on exchanges |
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But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
I think everyone has had a taste of crypto price volatility of how it oftens affect the profit making potential of investment. I always hold one principle very dear whenever I'm to invest in crypto, which is having a set target and once my coin hits that target, i do sell off without any hesitation. Often atimes, after selling off, price do increases but then again it's better than seeing it goes otherwise so my take is it is always better to take profit no matter how small than to hodl and lose because once some coins get dump, they don't rise again |
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Honestly people aren't learning anything, I am so disappointed in the way people think nowadays, believing they can actually double their bitcoin, as a newbie, the moment I saw the giveaway on binance official Twitter account I knew it was a hack
People will always fall for scam which is because of the greed embedded in many humans. Once some people heard of any means to double their capital, they do forget all their investments instincts letting greed to take over their better part. maybe people need to understand more that no one will present you an investment options that will double your capital |
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That's a good way to start. The first thing we should do is search about the team members and verify if they are really involved in the project. Most of the fake ICO uses fake names and create new linkedin Ids with those fake names. If you encounter no other reference of the member and just a number of social profile that seem to be made recently than they are surely scam.
You can also try calling the phone number and inquiry the person who picks it up to find how serious they are about the project.
This is indeed a nice way to check the credibility of a project, i often carry out most of your the vetting procedures you list out but often atimes but now, i often look out for the exchange for possible IEO listing and the big partnerships becuase the success of IEO seems to be majorly influenced by how good the exchange. |
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