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I think that margin trading is more suitable for experienced traders, but not for those who make trading decisions on signals. If you have already decided to engage in margin trading, then strictly limit your losses by setting spot-loss.
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Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.
Do you own any cryptocurrency yet?
Despite the positive news, still little can be gained by paying with cryptocurrency. I think that this is not beneficial for many, so the adoption of cryptocurrency is delayed. It seems to me that little will change in the next five years. |
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The emergence of bitcoin laid the foundation for long-term global and inevitable changes in the financial world. Maybe now this is not felt at all, but 10-20 years will pass and we will forget what fiat and centralization are.
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Really. A lot of people are waiting for the approval of the authorities for the use of bitcoin and think that if there is no approval, then the cryptocurrency also has no future. In fact, no one and nothing can affect bitcoin and its extraction. Its price can be completely different (including very high) and in a short time bitcoin will be considered truly digital gold.
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At the moment, in my opinion, the correction of bitcoin has not yet been completed. More precisely, there are no clear signals about the end of the correction. But that can change at any time. But if you consider investment, you can buy now.
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I think that indicators are effective only on currencies that have good liquidity. In other cases, currencies that are traded on the cryptocurrency market are completely unpredictable and it is difficult and not profitable to trade them. In this case, it is better to invest if the project is worth attention.
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I think setting yourself ambitious goals is a very good quality. If you really will do something useful every day for the forum and the community, then you have every chance. Wish you luck.
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Why look for something new if there are already proven sites that have already earned a reputation and have their own token, the same Binance. If you want to invest in any token of one of the exchanges, then I think it will bring you profit over time.
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My personal opinion is that most altcoins that are currently traded on exchanges are not needed at all and they will disappear over time. All these projects are completely meaningless and do not cost anything.
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Personally, I started using bitcoin long before I found out what it is and how it all works. I thought it was just another electronic currency. But what it really is, I learned already when the bitcoin exchange rate began to break price records and I was interested in it and I found out what blockchain is.
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I can’t even imagine what will be the value of one bitcoin in 10 years. Of course, its value will increase and the cost of mining will also increase, so this is a very good long-term investment. But I still have not collected a single bitcoin.
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In this way, it is profitable to get coins in a growing market and in the case of serious investments. Otherwise, even a profit of 10 percent per month of the number of coins incurs losses in dollars if we are in a bear market. But personally, I made good money two years ago thanks to staking
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If you look at the current situation, then on a monthly timeframe, bitcoin moves in a downward channel and still has not broken it up. This indicates a predominantly short situation. I would wait for a better time for investment.
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Personally, I think that an inexperienced person should not engage in trading on small timeframes in the cryptocurrency market. This market either stands still or is very volatile. With high volatility and lack of experience, you can lose your deposit. You better try yourself in long-term trading or practice in traditional markets.
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Yes indeed. I also think that the first thing a trader needs to learn is the ability to manage his emotions. Almost everyone is trying to get the maximum profit waiting for the bottom or top, thereby incurring losses. Trading is a clear calculation. Set clear goals, make money and don’t pay attention to the fact that you could earn a few more percent. The market will always give you the opportunity to make money.
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So what if there is no anonymity in China. In general, in the world there is practically nothing anonymous. At the moment, it is almost impossible to use and cash out money from cryptocurrencies without leaving any traces. But China is a huge country in which a huge number of people live and if most of them start using cryptocurrencies, this will give a huge impetus to the development of the cryptocurrency sphere.
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Thanks to Bitcoin and this forum for changing my outlook on life.  Here is a cat for you  BTC wallet : 1QBadbc6U5JmsEAoAFUc2DZL4Rtm918TTR |
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I think it’s not worthwhile to pay much attention to Bakkt now. Although such events are of interest and the volatility of bitcoin is increasing, thereby giving an opportunity to earn. If you look at the situation globally, then really serious growth of bitcoin can cause the arrival of institutional investors, and they will be able to enter the market when the capitalization is much more than today.
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