Began to invest in inexpensive anonymous cryptocurrency: deeponion. I try to buy it while the price is quite low. But the question arises whether she will rise in price as a monero? Or maybe it is worth looking at other anonymous cryptocurrencies? Now the demand for anonymous cryptocurrency is growing, but why only for monero? I want to hear the opinion of every investor.
Monero has been a lot of traders and investors fomo for a long time, it is the same as ETH in previous years. Those who go ahead often get great rewards and we should understand this rule. But I still do not understand how anonymous electronic money is it used? Is it really useful? Not long ago I read some articles saying that at some exchange it was hacked because Monero did not guarantee transparency when trading. Since then it has revealed openings and hackers will easily find exchange. So what strength is the bright future in these currencies? |
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Be careful in the coming times and see this as the amount you pay to get the lessons learned. From the first day I joined the crypto market, I knew I had to store my private keys, seed words and even characters. Because no one manages your account, you will manage it yourself, and care is always given priority. I really can't help you and I'm afraid that no one can help you. |
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2017 crypto time was a rush. That time had many losers and winners. Some people had their luck, they won a lot of money. Some people didn't get that luck, they lost all  I do not blame all of losers that time Fomo that happened at that time was quite large and could not blame anyone when the price increase was high enough because it followed the demand that happened to the market. we cannot blame Bitcoin or those who get profits. It is also a great lesson for us. Although I was a big profit at the time. When I saw the price of ETH falling a lot in February, I decided to sell everything and I thought it was a bubble. It was right and I learned a lot of experiences. In investment and trading, what we need to control the best is our own capital and greed and especially to be wise in considering the market's growth. |
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I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor. Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money, and knowing that Warren Buffett do not like bitcoin from bottom of his heart, I don't know why, I think learning from Warren Buffett is a big mistake, and I regret reading his books altogether. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.
haha. You have chosen the wrong field. In the crypto market, it is not considered a well-protected market and manipulation always happens. There are many potential businesses but they have the right to use investors' money to do other things but investors still can't do anything about them. Besides, value investment in crypto market is a mistake. We can only trade to earn profit and hold will definitely make us poor. At the WB, I learned a lot of his good qualities and his way of thinking about a project. If you are good enough to understand his thinking, you will succeed in the stock market. But not in crypto.  |
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Yes I believe that but definitely not been waiting for that because if we wait only for the Bull Run if it is not happened then our total time harvest so my waiting is for bull run and also to make the profit in different way that is my thoughts about the current situation.
There are also many traders who make money in a market that is not optimistic. but in bull run, we do not hesitate to buy low and sell high. because the probability of profit at the beginning is very high and we should not ignore this stage. I still believe that the price of BTC can break the $ 11k threshold in Q3. |
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New trend is IEO. Only in this way projects can raise money now. It seems for the public it wont be that profitable anymore where more and more of the total gos to private sales, team, exchange, etc and the part for the public to buy keeps reducing. Yes. any trend has a certain amount of time but I think the IEO is still in its time and it is still making the whole market pour money to buy a lot of tokens from projects. I think in another 1-3 months, the IEO will no longer work as well as it does now. The exchanges will give a new strategy and everything will go down again. |
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Hello everyone!
I’ve been trading in some few exchanges (e.g., Binance, Okex, Mercatox, MetaMorph Pro, etc.) from time to time. However, there’s something that I want to explore.
Recently, I’ve met a couple of guys who is promoting a margin trading platform. It’s the first time I’ve encountered a margin trading platform, and they said that it does not have the open orders feature like most crypto exchanges have.
Just like the crypto exchanges, we also invest and trade an amount that we could afford losing. But what are your thoughts about margin trading? Is it ideal for crypto day trading?
I would love to hear your thoughts or opinion regarding margin trading. Thanks in advance.
I don't have much knowledge about margin trading but somewhat I know if that kind of trading which based on the luck has to get succeed which mot suitable for the people who want to stay longer as a crypto trader so just keep doing what you are doing for the year and get better at that is better than learning new things because it makes you to start from the beginning. It really is not a game of chance as you say. it's always for technical analysts, they always know the types of waves and levels of trading in a day and can make "Long" or "Short" decisions. I don't know much about margin trading but I think it's really a very difficult type of trading and it's only for those with experience in analysis. For ordinary people like us, we should only buy low and sell high.  |
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I know the question sounds stupid.
But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin compared to a small market cap coin were i could almost own 0.1% if the coin supply is 1 billion and trades at 5 cent.
It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?
Certainly for small businesses, you can earn a lot of money if it is a potential business. But you can also lose a lot of money because it goes bankrupt or its price is always falling over time and there is no sign of recovery. investing in small coins always have a huge risk but I when we will get rich very quickly. |
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I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.
No, I do not think so. There are many projects that have achieved softcap and they still don't want to pay tokens to investors. Buddy is an example. They listed on exchange and started operations, but they still insisted on not paying tokens to investors. ICO is really not a good area for investors to put money into. |
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BSV increased almost 90% today. This is insane. A groupd of people like BCH, are controlling and manipulating the BSV price. Please do your own research and stay away from this shit.
I have never really appreciated BSV since Craig claimed he was Satoshi. it was a crazy strategy and he used a lot of money to pump up the price of BSV. Currently, I feel that many traders buy and hold BSV. This is really a big trap, I think its price will soon fall in the future and sometimes it will come back for $ 60. |
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Governments always fear of the technology that they might get over ruled by the technology. The governments that has got the perfect learning about cryptocurrency and the technology behind has adopted it. Particularly I always think of Estonia which is one among the country that has got almost everything integrated to blockchain technology. Maybe this couldn't get effective results now, but it'll get with a bigger level of technology advancement without flaws and helps in having transparency in each and every activity. This makes people have trust on the government.
But it does bring a lot of risks to Estonia. You know, a decentralized market will often bring about rapid prosperity but can also make us poor in a short period of time. I am not talking about legal issues. I am just afraid that, too many people know the crypto market and participate in it, leaving the current job. then people again use their money to invest in crypto and when lost, the country of Estonia will go into crisis easily. The government needs to print more money and make new terms. that is the worst case that Estonia may encounter in the future and it is very bad. |
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I don't think it's a top currency. I think it only promotes its hidden power when it is a trading tool and an asset to help prevent inflation. That is what investors are interested in. We should not expect and want it to become a currency anymore, I think it is not suitable for that.
Its total supply is very low to serve that.
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We know bitcoin still leading cryptocurrency but bitcoin is not leading currency because many countries still not accept bitcoin as a new currency and they still think or discuss the regulation. Let us accept the reality about this, and we can continue to follow the bitcoin journey because I think that bitcoin has a big opportunity to be a new currency for every country because bitcoin itself can break the limit of every country and with bitcoin, people will have a new way to make money.
I doubt that many countries are going to accept bitcoin willingly, they know the power they hold to print their currency and it is a power they took away from the people and they are not going to be happy to give it back, but the problem they have is that their economies are facing huge challenges mostly because of their mismanagement of their currencies and they know that if the conditions were fair their currencies will lose to bitcoin so they are trying to find a way to defeat bitcoin and keep their currencies strong. I do not think that. For a good financial planner, they will definitely not want to destroy bitcoin. as you know, Bitcoin always helps to reduce inflation and financial pressure is not too big. instead of destroying Bitcoin, they will try to hold more Bitcoin to get a big advantage. When inflation happens, they will still get a big profit from holding BTC and then they will continue to grow. |
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I agree that someone pump it and that someone is Craig Wright. He is the owner and he is controversial right now in which to pump it up is a common strategy as it will attract more people to invest to this coin specially that it looks like the market is going to be bullish that every crypto and users must be able to ride on time.
This is really an easy strategy for Craig Wright. The price of BSV increased to $ 220 yesterday and I believe that 80% of token purchases come from BSV businesses. they have money and they can manipulate it. If we buy at this price, we are very vulnerable to fail because that is not true value. Don't be greedy, sell to get a reasonable profit and withdraw from it before the disaster comes. |
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Most of alternative coins are not for long time profits, just make as most as you can while the hype is still much about the coin and dump it asap to avoid being caught in the loss.
I agree with you. altcoins or current tokens are usually not reliable businesses and it creates only to dump and dump. I am quite concerned about this and I think the low and high selling strategy should be applied more in altcoins outside the top 50 of CMC. Then we should take profit to buy BTC or ETH and hold it. It's 2 coins I appreciate very much and it can bring in a profit of 200-400% in a few years. |
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Litecoin is going to the moon. The same deflation principles baked into BTC are baked into LTC. LTC is one deflation cycle behind BTC (one Halving behind BTC). So it’s VERY likely the LTC ratio (to BTC) will increase once LTC Halving occurs. Both LTC and BTC will be at the same rate of deflation for 1 year meaning LTC ratio to BTC will likely go way up.
That will give a one year window to convert to BTC for the BTC Halving in 2020.
It is definitely a very good thought. surely LTC will get a strong pump in the days near the halving event and I think this is an opportunity for us to buy as much LTC as possible, especially for bitcoin lovers. The growth of LTC will certainly be higher than that of BTC and then, the whole market will be directed to LTC and its price will certainly be better than BTC. Buy lots of LTC, you can exchange for more BTC when its percentage of growth is higher than BTC. |
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I was impressed by some of the stories and wanted to do day trading but that quickly turned into a stressful, full time job.
I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.
Anyway, when I relaxed and started making less trades and kept my positions longer - I actually learned more about the market.
With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.
What's your experience?
I am not yet a professional trader and I cannot earn 5-12% a day like my teachers. I am in the learning stage. but I still have my way of trading can x3 x5 my account number. I just expect and buy cheap tokens at IEO projects that are being traded on non-central exchange. It is quite effective for small amounts. I usually invest only $ 200-300. But such good projects are only 1 to 3 times in a year. |
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I want to Learn by myself For This I need Some Tips and Some Good Ways.Should I Learn From Online Article Or Books?What should be the Way to Learn Well.What is The First thing I Have to do. Please Give me Your Suggesstion.It Will Be Great Help For me.
I think you should read some books related to financial and economic investment. It will help you gain basic knowledge of the economy and you will learn faster after a few times of practice. I have read a lot of books and it gave me a good foundation to start trying with my predictions. Your initial strategy will encounter many failures but don't be discouraged, edit it until you are profitable. that's the fastest way I have ever learned.  |
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As I think you ever can find really perspective projects that will succeed in future.There are always people with money who want to earn more,so good ideas usually can find their investors.That's why ICO's are still not dead.
I don't think it depends on the potential of the project. For the crypto market, community is a key factor determining the value of a business. because there are now many "unprofessional" investors, which means they don't know how to analyze, they only buy from the crowd. that's why the community is so important at the moment. You can see Credits, a very practical and potential project that can handle more than 1 million transactions per second. but until now it has not been able to be in the top 100 of the crypto market. besides, ordinary projects like Celer are amazingly fomo and of course its value is very high. This is the rule of crypto market, so invest in large community projects. You will minimize the risk. |
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There is no reason to believe that a ripple coin may die. On the contrary, the ripple network and the coin itself continue to gain popularity both in the banking sector and in general among users as just a coin. In some states ripple is popular even more than bitcoin. Therefore, do not worry about ripple.
haha, I can confirm that 1000 FUD news about Ripple will still not be affected. it is actually the largest bank in the crypto market and it still earns a lot of money despite many claims about it being fraudulent. Many ignorant people are trying to reverse investor confidence and they make me laugh all day. |
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