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1  Economy / Economics / Re: Economic crash in 2019! RE.1 on: November 19, 2018, 02:14:59 PM
It's still unclear what influence a global economic crash would have on the crypto market, unlike traditional markets where it's very evident. I agree that economies the world over are exhibiting tell tale signs of an impending crash but I don't think that the market is fully ready for such a crash. The largest crashes normally come when people are not expecting them and when all economies and sectors are booming, right now there is still too much strife. I suspect we'll have a small scale crash but that the economy will quickly recover to a positive note for a further 5-10 years before we have another 07/08 sized market crash.

I believe it depends when it finally arrives. There is too much speculation on the next financial crash coming sooner rather than later, which would be bad for the crypto market in general, but good for those already well entrenched.

If we can manage another 2-3 years before the bottom of the cycle hits again, it COULD be long enough for crypto to have gained the market adoption needed to flourish in an economic downturn.

It depends on how much the crypto markets and infrastructures mature before the next downturn hits.
2  Economy / Exchanges / Re: Terrexa Cryptocurrency Exchange on: November 19, 2018, 06:44:08 AM
First your team need a marketing to introduce your service all over the industry since you are only new. I don't even saw your site in google search or social medias. I just saw it here and take a look. Though your site is cool from ui and etc, I just don't know how your security works here.

We are definitely on social media, Twitter, Facebook, LinkedIn, Telegram - I'm still a newbie on here so links and pictures aren't allowed :-)
3  Economy / Exchanges / Re: Terrexa Cryptocurrency Exchange on: November 17, 2018, 03:04:03 PM

I think this post doesn't belong to currency exchange because you are from exchange so you should move this thread to exchanges section of the market place.

Looks like very new site for me,Isn't it?

Not so new, although it did launch this year.
4  Economy / Service Announcements / Affiliate program open for Terrexa Crypto Exchange on: November 16, 2018, 08:56:01 AM
Terrexa Cryptocurrency Exchange has opened its affiliate program

Anyone can be an affiliate with Terrexa. There are no commitments, obligations or quotas; just use your referral link when you recommend us.

You can earn up to 50% of the commision on every trade your new referral completes with Terrexa Exchange (as long as they use your link to get there).

High conversion rates that benefit your earning ability

Real-time reporting on your leads, exchanges, and your earnings

With no obligations there is no reason not to become a Terrexa affiliate.

https://www.terrexa.com/affiliates
5  Economy / Exchanges / Terrexa Cryptocurrency Exchange on: November 15, 2018, 11:18:11 AM
Terrexa Cryptocurrency Exchange is a fiat to crypto and crypto to fiat gateway exchange

A simple sign-up process and easy KYC procedures make Terrexa an ideal starting point for entering the crypto world.

Terrexa currently supports fiat to crypto exchange from USD and EUR to BTC (bitcoin) and ETH (Ether)

We also support crypto to fiat exchange from BTC (bitcoin) to EUR and USD.

Please find out more by visiting us at https://www.terrexa.com/

or ask your questions at @Terrexa_Admin on Telegram
6  Economy / Trading Discussion / Re: Do You Need To Put Your Emotion in Trading ? on: November 15, 2018, 10:58:35 AM
There is no place for emotion in this crypto world. Emotion can dump you and distract you from the crypto business. Better to keep your emotion at home while trading. Crypto is volatile as we all know so the price can be ups and down any time which is natural in crypto cryptocurrency. If you are emotionless trading is for you.

Given that Fundamental analysis and Technical analysis have yet to find a firm foothold (accuracy level) in the cryptocurrency markets, we have to accept that price action is very much dominated my market sentiment. Another word for sentiment is "feeling" or "emotion". I can't ignore the potential for market manipulation in crypto, but there is market manipulation in all trading spheres when the big players are shifting massive sums.

I'm not suggesting for a moment that we should let an overwhelming "good feeling" about a poor project or coin take the place of good sense or rationality, but how we react to news and price action charts is subjective (and subject to human emotion).

I would suggest that trying to eliminate emotion from trading is a counterproductive, emotions and feeling are part of our evolutionary make to help us spot signs and signals that we can't otherwise explain by empirical observation alone. If you have fantastic "evidence" that a project is about to moon, but you have a doubt that niggles at the edges, there is probably a good reason for it. It works the same way in reverse. I find an emotional control to be a better technique to weed out niggling doubts and to look closer, either confirming or dismissing the doubt.

Of course, this is all subject to opinion and mindset.

7  Economy / Exchanges / Re: Do you think that crypto exchanges are dead? on: November 15, 2018, 08:57:21 AM
No, Exchanges aren't dead!
However, they may be changing. Up until recently, the standard has been for centralised, custodial exchanges, like the big names everyone knows Coinbase, Binance, Kraken etc. That trend seems to be changing somewhat, in the sense that newer exchange types are opening and reaching a level of maturity.

Non-custodial (straight exchange services) are cropping up and making a mark - especially those that facilitate fiat entry - not everyone can mine or produce cryptocurrency, they need to start somewhere.
Decentralised exchanges are gaining popularity  - even though liquidity isn't high right now, the more people that use them the liquidity will increase.
Atomic swaps, it's not an exchange as such but a method of exchanging between individuals that could become more prevalent in the future as the market grows.

I have a vague idea/theory about the roles of different types of exchanges in the future, but that needs more research and "fleshing out" before I can explain it so that it makes sense.
8  Economy / Marketplace / Re: Cryptocurrency is Great, But How Many Persons Know That? on: November 14, 2018, 02:26:35 PM
Cryptocurrency is great, but I doubt that more than a fraction of the global population knows this, and an even smaller fraction understands why.
So many factors influence the minds of those not intimately acquainted with encryption, finance, and the underpinning principles of cryptocurrency that those same minds can be swayed by media/government propaganda, the negative opinions of others, and bad press.
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