2) What app should be used?
You don't need an application to store your bitcoin. Your bitcoin address on which you store your bitcoin, is created from a private key. If you own a private key, you can retrieve your bitcoin with a wallet that support it. It is true that you need an application (wallet software) to create your bitcoin private key or mnemonic seed. Electrum wallet is good and if you are careful, you can create a multi signature wallet. https://bitcoinelectrum.com/creating-a-multisig-wallet/ |
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With the speed of USDT minting from Tether company and with the huge supply of Tether USD on the market, the risk for USDT and the company are higher than Ripple. There are many accusations, lawsuits on Tether in the past and will have more in the future. The more improvements on law regulations aim at crypto market, the more risks of shutdown, seize, drama Tether will have. It is a very old story that warns us the fact behind stable coins: They can be frozen by governments. [UPDATED] PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets |
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Now I want to be a part of the community here without being reminded of that case.
Good luck with your try but I don't think you will get acceptance. Moreover, I see some members got acceptances from theymos to change username but I noticed that under the new username, there are special phrases (as custom titles) that shows their past usernames. Something like: Newusername aka as scammed-by-nitro I don't know such phrases "aka as ...." were used as request from members or it is mandatory phrases from admin's decisions. If yes, your change is non-sense. |
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Dogecoin is oscillator altcoin in the article The two types of altcoins. It is a long time since the last run of Dogecoin in 2020 when DOGE price reached 60 satoshis. If the oscillation is repeated, it can have another amazing run this year. In December 2020, Dogecoin has a good run but it did not claim the 60 satoshi price. I hope, certainly as I have Dogecoin in my wallet. |
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[TIPS] to avoid plagiarismThere is no clear definition on how many words or percent of words in your posts are copied & paste AND without the source links (or you intentionally to hide source links to steal the contents and make it as yours). Remember the key to avoid plagiarism is to be honest: - If you use documents, phrases, paragraphs that are not yours, use the source links, and the quote blocks. - Don't hide anything and try to play innocent when your plagiarsim is detected. - Don't try to spin text, paraphrase, steal local documents and use Google translate and make faked posts: it is plagiarism (if you don't leave source links). From my perspective, even with source link, aforementioned behaviour is still bad.
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From https://gold.storage/en/terms, there is no transaction fee is charged by the Gold marketplace. However, you would know that there will be transaction fee charged by the counter party, and it depends on how cheap, expensive the transaction fee on ERC20 chain (if you convert GOLD tokens to ETH) or on Bitcoin network. I converted gold tokens several times, sometimes it was done quickly and sometimes not (tooks longer than normal when the network is heavy). From this experience, I guess the marketplace is not set up with automated fee that can give you instant transaction that means with expensive fee. You also lose fee when you send your Gold tokens from your wallet to Gold marketplace. FEES
No transaction fees apply to Token. Yearly storage fee is automatically charged from token holder wallet on daily basis. See fee schedule for more information.
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That's true, additionally, there are many times errors in links, prices, exchanges and the Coinmarketcap team does literally nothing to answer support questions.
Many new projects is waiting long weeks only for listings and when problems occur sometimes it stays like this forever.
It is reasonable when the site finishes listing request from projects (free or with fees). Nothing good happened after Binance bought CMC, to be honest, they filled it with ads and did all that possible to squeeze the last $ from this website with affiliate links.
It just looks bad and is annoying, this is obvious that the only thing that matters for them right is profit and not user experience or accurate data.
It is not only about more areas for ads on the site after it was changed hands and took over by Binance. Weeks ago, the site has an UI upgrade that I never like. It looks worse than the previous one. Now, you can not have an option to choose all price history (in Predefined dates). After that upgrade, it is restricted to past 1 year only. If you want to go backwards more than 1 year, you have to choose it manually. Very annoying upgrade. |
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But in my opinion many gold investors are now starting to switch to bitcoin because just looking at the price can protect their assets, and when that happens traders only need to shoot prices because there will be many bitcoin buyers.
Protect asset: both gold and bitcoin are considered as means for asset storage. They are all volatile but the volatility of bitcoin is higher than gold's. At current price and past few months growth of bitcoin and gold, gold temporarily is safer than bitcoin to protect your asset. In a different aspect, profit earning, bitcoin is better than gold. People are investing more capital into bitcoin in recent months because of this and after they witness a massive investments from institutes. Institutional bubble or not, I don't know and only can give answer this. In belief, it is not a bubble. R. Kiyosaki, the author of the best-seller book "Rich Dad, Poor Dad" wrote on Twitter that he believe bitcoin, gold and silver are best to invest in coming years. |
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If I think of withdrawing a merit why do I think back? how to do?
Withdrawing a merit, what does it mean? Do you mean undone, reverse a merit transaction that you sent yours to another one? If it is the question you are asking, answer is No. Click on the merit from right top of my post, you will see the page, at the bottom, the message is "This cannot be undone!" Reverse merit transaction can only be done by admin in very few abused situations. It happened but not much. If your idea is applied on the forum, as a rule, it will create a chaotic status for member ranks (they move up then demoted to lower rank) and other things, drama. In addition, merit is not expensive to think of reverse it. |
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ETH will get to 5k soon. But will it solve issue with fees, no idea.
LOL, why cheaper transaction fees can help Ethereum moves to $5k. There are many altcoins with cheap transaction fees and their prices are not at $5k. I won't surprise if Etherum get a price at $5k in FOMO but if you say it is because of cheaper transaction fee, it could be wrong. Ethereum has been known to be a space for scam ERC20 projects and recent weeks, Polkadot has become the biggest competitor for Ethereum. It is a young altcoin but create a hype with a new altcoin is easier than with a long and bad reputation as Ethereum. I hope so because paying 2% to send 100 usd, is kind of expensive.
The smaller the amount you make for your transactions, the higher percent of it will be used for transaction fee. It is true for bank transfer as well. |
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I guess I read somewhere and it just stuck that there should be a significant separation in case the market is falling REAL fast.
In your example you used 100 for limit and 95-99 for stop
I for some reasons learned if you have 100 for limit you should have somewhere around 70 for stop to MAKE sure.
Though, I will say that I've yet to reach a stop loss trigger.
It would be based on your risk management and the percent of loss you afford to lose. From the percent you will get the price for stop loss. From the price for stop loss, you lift it up a little to get a price for stop limit. You might get troubles if exchange orders get technical troubles and your capital is big enough. If yours is big, you should split it to a few different stop limit and stop loss orders at different price. I don't think there is a formula here for all. I don't set the gap between stop limit and stop loss bigger than 5%. The stop limit orders should be placed on somewhere around the strong resistance at which if it is broken, price will be dumped to the hell. 2% to 5% above resistant price can be good. |
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There are many units for bitcoin and you can check the unit table from Bitcoin Wiki. If you don't know that site, check it: https://en.bitcoin.it/wiki/UnitsI skip most of these units and only use Bitcoin, satoshi and milibitcoin (m BTC). They are my three most favorite units and I set up the default unit in my wallet as Bitcoin. |
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That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons.
It is easier for their developers to create a project on available networks like Ethereum. I know some projects have crowdsale for long ago (2017 or 2018) but main net only was activated in 2020. They tried to launch mainnet to enjoy the bull market but their works are terrible and you can not wait for good developments from them. The DeFi space has Uniswap, then many other join the space and try to mimic the Uniswap. Those tokens have different names but their usecases are the same and source codes are copy and paste. They can say "Our team change the copied source code a little to make it as our code. It is not a plagiarism code". Do you see how funny it is |
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There are many reasons why people don't really use DAI tokens.
1. it is less stable has compared to other centralised stable coins like USDT, USDC BUSD etc
2. It has low market cap, look at the amount of trading volume USDT had yesterday, DAI can not sustain that level yet and with
better adoption and trust level the marketcap should increase.
3. It is tied to Cryptocurrencies and we all know how volatile the space is, if the price of Ether used as collateral dump like 20% to
30% a lot of these depth will be called and close.
1. It can be true but as a stable coin, the price of DAI will fluctuate around the reference price at $1 for one DAI. If you are not in a super hurry and wait for few days, you don't get any loss with your DAI. You will have opportunity to cash your DAI amount to $ at the rate 1:1. 2. I strongly believe that there are not many people have real problems with liquidity of trading pairs with DAI on big exchanges. It is both the trading volume of coins and the amount is traded by one person. Not all of us are whales or have big capital to get troubles with trading. The real issue is the spread can affect your trades. The lower the volume is, the higher spread can exist. 3. You have trust in companies, governments when you join the centralization parties. |
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It remains $1:1 stable coin. What you're pointing is the value of it which will depreciate whenever something happens to USD.
You're determining the ratio of it through your expected value of it which won't happen. It's as usual 1:1 and the value depreciates if USD depreciates. It is common to see inflation in fiat currencies and stable coins are pegged on it so they would also be affected by inflation.
The depreciation of stable coin values can come from fiat (USD) with hyper inflation, economic depression or it can come from the stable coin if the company which launches, mints that stable coin don't have enough fiat (USD) in banks. In theory, company claims one stable coin is pegged by one USD in bank but if the fact is one stable coin is pegged by 0.5 USD in bank. The company mints double that what they should the their reserved USD in bank, the price of that stable coin will fall half at least. I believe in such drama, price will be crashed more than half of 1 USD. Inflation of fiat in society is a different thing and it is not a responsibility of stable coin companies. |
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1.Buy as much as you can
Buy as much as you can from your own money, and from your spare money. At least, you should never take any loan to buy crypto and should have enough reserved money to use in life. 2.Buy on the floor, but do not wait for correction or fall.
You said opposite things in your sentence. I know it is challenging to be correct and buy at floors but buying at dips is wisely and to do that you must wait for corrections or pull-backs. To wait, you need to have patience. 3.Do not do anything for the price of tetra and dollars…
What is tetra? 4.If it comes down to a short time that you bought at a reasonable price….
5.If it comes down in the long run and stays that you did not lose in the long run, everything will be cheaper than the dollar.
I am not sure that I understand it. 6.Do not act emotionally… Wherever you say to buy or sell… you are more likely to lose
Sure. Trade or invest emotionally cause losses. Two weapons for you: Stop-loss and Stop-limit orders. One of the Best Weapons in TradingWhat Is a Stop-Limit Order? |
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What is the right way to quote two posts or more in once ?
Here you go: [TIPS] to avoid pyramid quotes (for Newbies)I did not know too when I was a newbie. Then I tried to figure out how the others make their posts neatly with quote brackets. I especially spent time for it after January 2018 when the merit system was started. It is not hard and you can manage it after read my topic. If my topic can not help you, you can try to watch the video (Post formatting) in the topic [INFO] Video resources for newbies getting started |
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You need to compare similar assets: one cryptocurrency with other cryptocurrencies. One precious metal with other precious metals.
Compare Bitcoin with gold, silver is not correct and not fair. Bitcoin is better than other crpytocurrencies. Gold is better than other precious metals and it used to be a standard for global currency decades ago.
If you want to compare bitcoin (digital gold) to litecoin (digital silver), you can but it is worth to note for you: Bitcoin is decentralized and satoshi is unknow person but Litecoin is not decentralized and Charlie Lee is well-known.
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Bad news make bitcoin down but just few minutes only like last night when bitcoin from $39k become $34k just few minutes although back and recovery right now to higher price, I think many people still easy how to make panic with bad news and without correct news and make them sell bitcoin or altcoin on lower price, maybe they not really patient when price down always have way for bitcoin and altcoin back to higher price.
With bitcoin, the rule of supply and demand can be applied but if you think price is decided by this rule, you are wrong. The bitcoin market is more manipulated than stock market or others. There is no limits on margin of changes within a day. Bitcoin market is 24/7, not like other markets. What you wrote is for crashes that happen fast. Price crashes in seconds, minutes and recover very quick. They come from manipulations and liquidations, not from supply or demand. @Montane we are in a free market so the law of supply and demand dictates the price of Bitcoin. The forces that act on the markets are quite complex and dynamic changing from a moment to another.
When buyers overpower sellers, the price grows and vice-versa. If you are interested I recommend reading some economy and business books. Financial education is worth your time, I assure you.
My opinion is above, this law is for long term not short term. It is useful for investors not for traders or gamblers. That one is for long term too: https://twitter.com/BTC_Archive/status/1348597238109499399 |
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