I am not into active trading and do not use this feature often even though I've been aware of it. I occasionally buy of a certain amount of Bitcoin to add to my stash and when I do, I quickly check around the different sites I'm registered on for the variations to the market price and also the trading volume. It would be very invaluable to day traders who would want to take advantage of the difference in prices to make profits.
OP provides a good tool for people who have not yet known about the site but when you want to do inter-exchange tradings by taking advantage of price gap of bitcoin over exchanges, there are some factors to consider further. - Volume on input and output exchanges: To make sure that you will have good prices to buy and sell with your intended money. - Reputation of exchanges you want to use for inter-exchange tradings. - Don't store your bitcoin on any exchange after buying it. If you store your bitcoin on exchanges, it should be a very small part of your capital. You should never totally rely on exchanges' reliability and their responses or compensations for customers if there are something seriously wrong with their platforms (hacks, ie.)
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Do not use a penny for marging trading, you HAVE TO lose your assets longterm. The ONLY reason to use it is as an assurance against market fluctuation, if you cannot trade your asset itself (buy low, sell high).
If a trader has never used and experienced marginal tradings, he or she will never get actual feelings about the market. His/ her emotions will change fastly with market movements or even fluctuations. As I recommended above, using a very small part of your capital for tradings and a minor part of that part for margin trading is good. You won't lose too much of your whole capital. I agree that if one does not manage him-/her-self on which proportion of capital will be used for margin tradings, he/she should never do margin tradings because of there are extremely high risks of liquidations with the type of trading. The risks are much higher for newbies. Even with experienced traders, there are unavoidable risks of liquidation as a consequence of cascade effects on exchanges.
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Yes, it is possible for altcoins to increase without bitcoin,
If altcoins will show good fundamentals and have some additional functions over time, it will increase even without the influence of bitcoin. There is a lot of reasons why altcoins increases, it only depends on how the altcoin will develop in the long run.
Bitcoin and altcoin market have a mutual correlation. Sometimes they move upwards together, sometimes they move downwards together. In some periods, they move in opposite directions but as being said Bitcoin is a King of crypto market and most of altcoins have their main part of liquidity concentrated on ALT/BTC trading pairs. The number of ALT/USDT pairs is much less than the number of ALT/BTC trading pairs. It is an off-topic question but I am curious that you are the @Dabs (formerly is a staff), aren't you?
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Kucoin exchange tries to expand its reputation, liquidity and income with newcoming leverage tradings. It's so good to see DASH in their list. DON'T USE LEVERAGED TRADING, YOU LOSE YOUR MONEY FOR SURE LONGTERM.
Margin trading is not for newbies and don't use it if you don't afford your loses at start. From my experience, you will get loses first before you manage your skills and mentality to use margin tradings effectively and reduce your loses while increase your profits. That is exactly what I have learned from my own loses and experience. Don't use all your capital for margin tradings. I would go to use 10 or 20 percent of my capital for it.
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I am a strong believer in the utility of local boards.
Locals will be inspired by translations from excellent original threads that you actually have. Some of locals (especially in some nations) don't know English or have below average reading skill so good translations will help them. Then, when they recognise the value of the forum, they will grow up and who knows they will be a future of our forum. Translations can play as a carrot to kick off their journeys here.
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Let's imagine for a moment that bitcoin does not exist.Can't altcoins exist without it? Altcoins are actually already firmly entered the crypto market and are not going to go anywhere.
Let's imagine first that without Bitcoin, there has not been a crypto market and will be not. It's not impossible that altcoins season will return without bitcoin but it's less likely to happen, maybe 1% chance only.
Why? that is because bitcoin has been dictating the market, majority of the market movement is based heavily on the movement of bitcoin, therefore in order to see an altcoin season, we need to see a bitcoin bull run first.
Mostly, altcoin seasons appear after very long bear period and are triggered by bitcoin bull runs. You are right and I totally agree with you. But have we witnessed a new bull run of bitcoin just a few hours ago? So yes please wait for another bull run of altcoins.
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Not smart, but they would not accept users from my area and I could not find anywhere else to sell these coins.
You have learned a good lesson from this case, I believe. Next times, when you have interests and in decision-making procedure to invest in one coin, please take into consideration how many available exchanges that coin has. If there is only one exchange available, it means you have to take a bit high risk because there will be some scenarios that you don't expect to see but they always can happen. 1. That exchange delists the coin: You won't have another exchange to sell your coin. 2. That exchange makes a scam exit: You lose your coin. 3. That exchange requires a mandatory KYC: You won't do KYC, you lose your coin. 4. That exchange prohibits users from your nation: You lose your coin. etc. Usually, there are window times for you to withdraw your coin but it is not strange if sometimes you won't have a window time to do that.
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Yeah, Liverpool suffered a ugliness last week after 2x defeats and couldn't get back, I know it's bad but for the champions league they won't let it go, of course Liverpool will insist on winning against Atletico Madrid in the second leg 1 goal behind not an obstacle for Liverpool maybe at Anfield will happen 2-0.
It is a bit odds to have a prediction that A. Madrid won't score a single goal at Anfield stadium. They have good players on the front line and good enough to score a goal to help them having very very big advantages to move onwards and beat Liverpool with aggregated result. They are both good teams and to be fair I would say that the chance to have aggregated win for them is 50-50.
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Tiki taka cannot thrive anymore efficiently because teams now set up with fast paced attackers, fast paced attacking midfielders a holding midfielder and fast paced full backs, who can perform double high press on any teams that try tiki taka.
Tikitaka, really? How many years passed since the last season of Pep in Barcelona? When Pep left the club, tiki taka was dissapeared gradually and what Barcelona have played recent seasons is too far and very different from the original Tiki taka I know of. The worse thing for Barcelona is Messi is older and consequently his form has gradually reduced as well. Soon Barcelona need to find a new legend who will be able to bring them back to trophy competitions. Liverpool prefers hit and run and cross football, and Simeone tackled that with close range pressing.
Liverpool has a tactic like Ajax in the past, and recent years is Dortmund but they played better than Dortmund because they have some better key players, Allison, Dijk and Salah. A. Madrid, as always, is a defensive team and Simeone seems to have better tactics for his team and the art of defence has been grown up by the coach. To compare between Mourinho and Simeone, I think Simeone has adapted better than Mourinho.
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Chelsea - Liverpool ( 2 - 0 ) Do those matches trigger the worst period for Liverpool in this season? I hope not because if it is what actually happen with Liverpool, they will lose the next important match against Borussia Dortmund. I know that match will be played on the Anfield stadium, but who knows how Liverpool will react with their last bad week's results. They can come back to beat Dortmund and go forwards or keep slippening in form and will be kicked out of the Champions League.
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Now why would the spread of the COVID-19 virus to Italy, have such a impact on the Bitcoin price? China is currently one of the largest economies in the world and when the Corona virus was first announced, the Bitcoin price went up. People only need reasons of rises or falls so they always receive news relate to reasons. But most of times reasons are not real ones, just are dilivered to satisfy reason-hunters. If you look at SEC, it is the same as Covid-19. People are looking for answers for the latest drop in the price, but the price fluctuation cannot be explained with the behavior of the historic events, because it is not reacting in the same way it did, when this announcement was made in China. Large investors will look for safe havens and I doubt if they are moving funds towards Crypto investments, because the price volatility is scaring them away. But now the pandemic is coming and people have feared of another global crisis. They forgot the Covid-19 is a kind of flu, which mostly reduces or dissapear in summer.
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I'm cynical and I happen to agree with you--but the more I'm seeing the fear surrounding this virus, the more I'm starting to believe that it really is affecting world markets. And I have to tell you, I think this is all completely irrational. This strain of corona virus is nowhere near as deadly as a lot of other things that can kill you, but people are reacting to it as if it were that movie Contagion from 2011. Crazy.
And you know what? This is probably a fantastic time to be buying stocks that have taken a beating, and also bitcoin. I'm starting to believe that this virus freakout actually did cause bitcoin to sink from above $10k--but I also think that's a temporary situation, and getting in (or getting more) at $8500 or less is a bargain. Wish I had some disposable income.
Which are causes of the paranoic globally? Fake news are everywhere, and the lack of transparent communication from governments in many nations (or all?) cause more paranoid. People mostly think of the Covid-19 as a deadly one but in fact it is not. The population from 50 ages and above, especially 60 and above are most vulnerable to the disease. For the rest, most of infected are only mild and fine (recover well later). They are mostly affected by the disease, to severe, critical conditions or even to death. I don't say the younger population should be careless because they can play as healthy disease cariers and spread the virus to older ones, who will potnetially face serious health issues later. Take care but don't be paranoid. Another serious thing is the Covid-19's total infected people that certainly result in huge burdens on local health system and health facilities, that negatively affect proportion of fully treated and recovered cases among infected. I agree we have faced with a serious health problem, but to say it is a dead one I disagree. Chances for stocks, and crypto. Yes we have it now. Why people waited hopelessly to buy stocks when the stock market rose continuously but now when cheap price is available, they hesitate and feel fera. Crazy. When hotter season comes in nations which have a winter season now, we will see a turning point for the pandemic, then price will skyrocket. We have not been too far from it, it's already March. Please bring knowledgeable and stay positively, investors.
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Apparently the bans and postponement are not only limited to Serie A games, Italian teams part of European matches are also placed on a heavy monitoring as well. After the Valencia-Atalanta match, four Valencia fans showed symptoms from the virus and they are now planning to ban Atalanta fans on their next match. I would expect to see this kind of treat to other European matches involving Serie A teams but I think the most fair treatment is to play the matches on closed doors so that it wouldn't look like the other team having 2 home matches while facing Italian teams. Just after 3 days Italy has now 1,128 confirmed cases for the COVID-19 and I'll expect that UEFA will have extreme measures placed under Italian teams. With what we saw around Europe, outbreak occured in Italy first and then it does over many nations in the continent. Recently, I saw news that 3 players in Serie C have been infected. If what scientists said and predicted are right, the pandemic won't dissapear soon. So with next few months, there are many things that local governments will have to resonsider to keep leagues going on or postpone till next year. We can say now that playing in close stadiums is good but if more players will be infected with the virus, the severity of the virus on soccer will change as well.
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Therefore writing an exchange's name across your KYC doesnt protect you. It might mean an attacker couldn't use your documents for something like medical insurance fraud, but they can certainly still rack up thousands of dollars of debt in your name.
The only safe KYC is no KYC.
I agree and my little explanation is those steps (advised by KarkMakr) only help people have a little bit more safety with KYCs but it does not protect them entirely. They are only safe when hackers are busy with clean documents but when they finish with clean documents, they will move forwards with unclean documents. It is not too hard for them to crack those unclean documents.
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Now with Arsenal crashing out of the Europa League, the race for the top 5 is going to be quite a fun thing to watch... - 10 teams can easily fight for the last two Champions League spots.
It is the most crowded race for only 2 spots in Champions League, crazy! Arsenal has their good form in recent matches at the Premier League but with the dissapointment they received from the lost in Europa League, will they come back immediately? Or Arsenal will slide down fastly in Premier League? The same thing will be observed for Chelsea because they've been nearly out of Champions League. For the rest, Everton is a good candidate for 2 spots. Strange team gets spot in next Champions League is good because their success will inspire other small or medium clubs but for the Premier League it will be not good. I still want to see Arsenal, Tottenham Hotspur, and Chelsea in next Champions League.
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I lost in the past when I joined altcoin campaigns. Their price is good at start, and payments I received is good as well. Then, I fell in love with them and did not realize that they are scam projects. I actually spent my capital to invest, and when price dropped I lost much money. I bought at dips but with scam coins, when they dip, they usually dip to the hell. It is so terrible to lose money that way. I advice to not easily fall in love with projects you join their campaigns/ bounties. Their developers and team members or participants always say sweet words about projects, so the longer you join their ANN threads, the easier you will be trapped with scam projects (if they are scam ones).
To help newbies avoid losses for scammers, I wrote this: Altcoin season, scam altcoin projects will appear. Check their Githubs first. Pay attention on their Github's activities.
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You typed it incorrectly. Ethereum instead of Etherium. If there is a existing page like you type, it is a scam one. Next times, being careful when type site addresses and avoid typos. We can be phished with phishing sites (from given emails, chat messages, and so on) but please don't type incorrectly and be phishised by our own mistakes.
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Recent days, I read on another topic, one user said when he does KYC, he writes down his name, date (most of KYC requires those details, nothing new) and name of exchange he does KYC for. After write down all details, he take a photo and scan it, then write on the scanned file while he does that KYC, just shortly. This KYC-verification method help to secure documents better because if your data lost by hacked, hackers will spend their priorities on easy compromised documents, that are surely not yours. If I find that topic, I will add it here later. Yeah, I found it, there.
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It is for bitcoin only so can we have a site that tracks price gaps over exchanges for altcoins? It is very interesting to get data on such sites to make fast minor profits by taking advantages of price gaps. Altcoins with their fast transaction speeds can help us to earn fast profits but bitcoin can't due to its very low transaction pace.
There are something to consider: Transaction speed, trading volume of target exchanges - where we will move coins to, withdrawal fees, and daily withdrawal limits (without KYC or with KYC at different levels).
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