A good project is always not an end in itself. It has to make provisions to work with other platforms, future purposes and the class of exchanges. So responses in the future is better for me instead of immediate solutions.
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The UN Assembly is just the best place to let the other nations know what it is you believe and Malta has taken that giant step to push for the adoption of cryptocurrency. Yes, such speech from Malta might not be accepted immediately because of her size, less economic strength but I'm sure it will sink with time. Malta and some Asian countries are actually riding on it for now.
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Monero is my take. It has larger usage, privacy and nice supply too. Moreso, it has maintained the top 10 for long, while zcash is still in the 20s. For Zcash, I don't think they have a stronger community network .
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It's that True if you are a truly bounty hunter you will experienced to promote a scam project ico ?
This is a really tricky and intelligent question. Well..I think maybe in the aspect where the bounty turns out to be scam which the hunters would have done their part already but if not for that, I don't think hunters will intentionally do that.
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My major reason for holding is for increase whose expectation is to make profit. On the other side, I also fear that price don't deep so much that I lose a reasonable part of my investment.
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You are right it is very disappointing to say the least, personally im also suffering due to this very long downtrend and have not cashed out a single penny since months but im still holding because i think market can swing in our direction anytime now, if you can read charts btc is forming a triangle and if it breaks above then i think it will grow quickly, im still hopeful that market will become good in last quarter of this year.
Drops are better then managed when you don't keep going back to your computer or phone all the time. The truth is that, you can't do anything about it because you have no contribution to make because you have already bought.
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If you don't have need for money, it is better to hold because we are likely entering a bullish season. December is fast approaching and much financial activities are going to come up which are suppose to make price appreciate more.
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As the leader of cryptocurrency, it leads the market and everything thing I have learnt is from bitcoin including terminology and names called around the business including wallets and different kinds of it, visiting of different websites for research, coming to bitcoin talk too
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What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low?
What you do in this scenario is either to convert your money into fiat directly or you tether it in the exchange. Buying back should be when price has dropped again. I need an expert to clarify me, Thanks.
I do not believe there are experts in this trade business, so that you don't see yourself as inferior and refuse to learn which will lead you into constant losses. What you need to do is to learn the trade, understand it and know what to do at certain times and with time and hard work, you will start making more profits than losses - perhaps, that is what you are referring to expert Is usually a repetitive incidence happening in the market.
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I'm cut in between because banks have also made transactions to be very easy via bank wire, mobile transfer and generally, cashless indeed. However, I would have preferred crypto totally because of its high level security, anonymity and high value in price when there is an increase If there is the fear of a decrease, tethering into usd is a possible solution. Bank, I can still not use crypto for anything in my country so banks are my preferred method until one day in the future maybe...
Do you have to use crypto directly in all circumstances? Most people who use it don't do that directly, they convert to fiat. I think it is just a very few percentage that have access to direct transfer to transact or buy products from stores. So you can sell your bitcoin locally, make a research.
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I see the market is gradually recovering. Is this the right time to buy Altcoins. Let me see your ideas
To that question, I will advise if you have a way to know whether bitcoin has started a bullish run, then you know that altcoins also will be set for bullish. You can try to understand the trend with technical analysis. Again, I will advise that you wait a little after the weekend to see how the prices reacted before you take your shut. Wish you the best.
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Those and more reasons are why the newbies make mistake too because they make investment mistakes. They invest wrongly on already listed shit coin because it is cheap, they wouldn't watch very well be hastly enter into a buy.
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so ETH price recovery will also be much like this.
I believe you made a very good post but this few lines you have above seem not to be understandable. I think as you said that market is generally down and that is what has affected eth. It will come back when price grows too.
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It is quite not that hard to know that a particular ICO is a scam. As you mentioned, the poor website can be a good detail to point out scammers as well as fake promising and false hopes. Scammers tend to say you can win 1 btc easily and without any effort. It is not only about ICOs, but also there are many scammers in gambling sites. They tell you that you have a big chance to win if you just give us 0.02 btc. I, honestly, do not trust these kind of people.
You have some points that I agree with but some too that I don't think make the list, for me though. As you mentioned, the poor website can be a good detail to point out scammers.
For instance, The quoted line does not really mean that a good website is a good sign for an ico that won't scam people. They would have nice website so that people won't suspect until they have collected your money, then you would see the real skeleton behind the flesh. Scammers tend to say you can win 1 btc easily and without any effort. It is not only about ICOs, but also there are many scammers in gambling sites. They tell you that you have a big chance to win if you just give us 0.02 btc.
Truely, you are quite correct. This is a no trying test because once you make a try and succeed, the second time, you might sell your house and lose everything. Don't try it at all, is all scamming idea.
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For example, an asset can be as scarce as hen's teeth, but it still might be worthless. How come?
Economics as a discipline has different theories and your post falls on the lower the supply, the higher the demand. Therefore, you have asked a valid question. Naturally, where you have a scarce commodity, it suppose to have a corresponding effect on the value and price. And, where there are no such effect with the value or worth of the product, it simply means that the scarcity is artificial. That is, it is manipulated for personal gains / for the few which are called, the whales in cryptocurrency.
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I do not think that we are on a long time ride until the news about ETF settles down. The price has moved steadily since a month after a consistent low from $5,600 . Now price is at $7,075 but it doesn't cross my mind that we are going to have too much rush, I expect a more stalling market .
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Going through the responses , I think for me one of the trust and most important is the blockchain technology and if not that this technology has been seen to be nice in other areas of social structure , maybe bitcoin would have collapsed with all the bubble stories from the economists. So the blockchain trust comes first for me.
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The idea of helping people who one is better than is a very nice one and I think we can start such from our local communities where we can really trace if what is given is not hijacked in between and that the target group gets it delivered.
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It depends on the kind of office work and pay. Office work is still reliable most times because bounty takes time, you can be defrauded after wasting your time and it doesn't come all the time especially the nice once like btc.
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I will advise that you go for another coin that is cheaper like wanton. With the money you have, you can hardly get 3 etheruem with it. Think about that. The higher the unit of coin you have, the greater your chances of having good profit.
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