If you only aim to seek quick profits from crypto price movements in the short term, tracking indicators such as support, resistance, and moving averages can provide a good idea to make a purchase or sale.

Combining several indicators into your own trading strategy will usually be the best recipe for success.

I think, one of the common mistakes and problems of traders is to make the wrong decision when they start to see big changes in prices. This is a serious problem in the crypto market due to the volatility of this cryptocurrency.

Technically, this is difficult to avoid because you involve emotion in trading. Therefore, besides having the right strategy, to overcome this you must have a strong mentality.

Bitcoin and Taxes. Well, of course, this is something complex, where most users consider taxation on bitcoin to be against the goal of creation Bitcoin.

I think this will be a long debate, considering that most users are interested in Bitcoin because they hope it is completely tax-free.

Yes, I think Cryptocurrency is difficult to understand, Given that Cryptocurrency is not like a fiat currency, the system and the price rise or fall can be predicted or at least explained.

Cryptocurrency is something that is beyond the understanding of the average person. However, with a simple explanation about Blockchain technology firstly, I think cryptocurrency will be easy to understand.

I think the World is not yet fully ready for Cryptocurrency. because the volatility of Cryptocurrency is something that is beyond comprehension

However, we can approach Cryptocurrency like as we approach the internet in the previous days. where actions can be carried out with the principle of not endangering the internet itself. The same can be applied to the approach to Cryptocurrency.

If that really happens, Possible concerns if Cryptocurrencies replace fiat.

Of course, there are also some huge challenges and concerns with this scenario. Should cryptocurrencies take over entirely, new infrastructure would have to be developed in order to allow the world to adapt. There would inevitably be difficulties with the transition, as cash could become incompatible quite quickly, leaving some people with lost assets. Established financial institutions would likely have to scramble to change their ways.

Yeah, A cryptocurrency might be high today and then you wake up the next day to find it dying.

So you can identify cryptocurrencies that will survive into the future yourself. The market is damn volatile and when you allow suggestions, everybody is marketing their own cryptocurrency everywhere, so you end up getting what many people use but not what might truly survive in the long term. So make your own decision by knowing what makes a cryptocurrency survive for long.

But how? It’s simple. Certain tenets define the long-term survival of a cryptocurrency. among of them is; The Purposes of the Cryptocurrency,The Market Capitalization, and The robustness of the developer community

Cryptocurrency values have been extremely volatile since its inception. Treating cryptocurrency, such as Bitcoin, as property creates a potential accounting challenge for taxpayers who use it for everyday purchases because a taxable transaction occurs every time that a cryptocurrency is exchanged for goods or services.

The IRS's guidance in Notice 2014 clarifies various aspects of the tax treatment of cryptocurrency transactions. However, many questions remain unanswered.

Without a doubt, cryptocurrency is a volatile and exciting market with high risk and high reward, but having a better understanding of simple risk mitigation techniques could significantly improve the performance and reduce the losses for beginner traders.

Well, The prospect of higher returns always brings with it the risk of potential losses -- the polar opposite of what we expect from our savings. In the end, the best approach is the time-worn one -- the one that comes down to us through the centuries. It is the most direct, the easiest to understand, and for the past 10 years it has been the most reliable. The best way is to save gold.

well, even though the ICO is at risk and lately most of the coins have fallen. However, the ICO remains the preferred choice for investors. I think the ICO will last for a long time.

Before we are serious about that, do you really want to buy Ethereum?

Of course, this is an amazing coin, I don't doubt it. I answer this question because I'm sure you want to buy Ethereum as an Investment. If there is a time we have to buy Ethereum, now is the time !!!

I think, Ethereum and Ripple are worth investing in. Both have a future and a variety of reasons to survive in the long run.

Yes, I think, your money is safer in Crypto than at the bank.

Just because crypto is not in a position where everyone is guaranteed 100% with safety measures does not mean that crypto will not reach that point in time.

Yes, I think, overall, Bitcoin is legal. although there are some countries that strictly prohibit crypto currencies like Bitcoin.

Fraudsters always use many methods including offering fake ICOs. Scams in any industry is not a new thing and crypto being a decentralized and open source concept is one of the easiest to replicate.

The only way to not get scammed is to trust legit sources of information, as well as self-education of investors through trusted sources. that’s why all you need to do is to spend some time teaching yourself so that you don’t get scammed.

Yes, in some countries, Bitcoin is required to pay taxes, some countries treat Bitcoin and cryptocurrency as property, so there are capital gain implications.

Yeah, the question surrounding the relationship between Bitcoin and the law really depends on how the digital currency is being used. Depending on where and how you utilize bitcoin, it is important to remain up-to-date on the latest regulations concerning the digital currency. As laws change across borders, governing bodies and, increasingly, as the platform gains popularity, questions about bitcoin’s legality will continue to be raised.

Well, now bitcoin has been bound to the rules of tax liability regardless of the medium of money used. and that has denied the opinion that bitcoin can ruin a Country. because just like other financial instruments, Bitcoin can also have taxes.

Bitcoin users will always be able to transfer bitcoins from their wallets where they control the private key, In case of a ban, you can control your bitcoin.

Bitcoin users can move their Bitcoin to exchange wallets in other countries because Bitcoin is legal in most countries.