Binance is one of the most famous and reputable cryptocurrency exchange we have for now. The exchange has withstood several set backs this year and still flying that shows that its standing strong. I personally use bittrex also for trading and its been a smooth ride, you could consider adding bittrex to your exchange for consideration.
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There are several opportunities in the cryptocurrency space. I must confess that gift tokens which are mostly in form of airdrops was a very good start for me in the market, as I was unwilling to invest in the market. But as one grows in the market, we gain more understanding and opportunities to explore and earn more from the market.
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Regulations can't solve the scams, even in regulated financial institutions, people are still scammed hugely. I think investors should learn to do research, avoid falling for conmen. Do not give out your money on hearsay.
I fully agree with you, regulation can't solve the problem of scam, even with the tight regulations in our various countries financial market, people still get duped. The way out is to liberalise the necessary information which would help people make more informed decisions. Most persons may not be able to go through the rigour of carrying out intensive research, but with an easier access to information, they could make better decision.
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There's no perfect time to buy altcoin, though it's a wise move to buy when the value is considerably lower to give you a better opportunity to make good profits. But in purchasing altcoin one needs to be very knowledgeable about the project and the team. A project with hardworking team and good use case would be a great investment.
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In my opinion, it's a good decision to buy Bitcoin, ethereum and those high capitalisation coin when the value is low. This is because, these coin are most likely going to become higher in value and one could sell for a profit. Holding btc for long term is a wise decision which has paid off for several persons.
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In my opinion, dogecoin is a very sluggish investment tool. The value barely increases substantially as most times we have only a 50% increase. It could take over a month to get a movement. Its best traded in bitcoin market as its almost valueless on usdt market.
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I do not believe and have no feeling that Ethereum will be worth $ 4k. currently, Ethereum circulation is 100 million coins and if multiplied by $ 4k then the valuation will be higher than the current Bitcoin valuation. Ethereum will never be able to surpass Bitcoin.
I agree with the fact that ethereum would be unable to surpass bitcoin, but I've heard predictions that the value of Bitcoin would surge far higher than 20,000$ which was the highest the market has seen. If these predictions we've heard, begins to manifest, ethereum would most certainly join in the upward movement.
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In my opinion, sentiments is more widely used for trading. I understand that there could be need for technical analysis and fundamental analysis, but the market is not regulated and depends wholly on demand and supply. With the issue of whales who manipulate the market at will, I doubt there would be any need for technical analysis.
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Am not in agreement with the idea of selling bitcoin for altcoin. In my opinion, bitcoin is the most practicing cryptocurrency and has a higher tendency to increase compared to several altcoin whose value is a far cry from the exchange
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When I see price predictions on cryptocurrency am always relaxed, because my experience on this space has thought me that nothing is impossible. At about 2015, it would have been a difficult thing to hear that eth would grow to 300$ when it was trading for less than $20. Even the value of Bitcoin was trading less than a thousand dollar, but now we all know how the value was able to skyrocket in 2017. Let's be positive and see how the prices unfolds
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The best time you can trade and win big is when market is surging,especially when you are using bitcoin to trade you will easily earn good profit if you know how to use candle sticks,i was able to earn hundreds of dollars when bitcoin was at 9k and something tells me bitcoin will make it back to 10k so i start trading and i was right all along,bullrun time is the best time to trade.
I agree with you, its always a good experience trading when the market is bullish. During this period you hardly make any wrong move because every crypto is sharing from the increasing market. Bitcoin in most cases is the best market to trade during the period.
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We all know that BNB is a good project following the rise of the binance cryptocurrency exchange which is said to be one of the largest cryptocurrency exchange. The value of the tokens have been on the rise and the project just upgraded and moved to her main net. Even in all these BNB is an exchange token and cannot be the king of all coins
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What's the best Ethereum wallet, expect for my Myetherwallet?
I personally use Imtoken wallet and in my opinion its also a good ethereum wallet which gives users the full access to their tokens as the private keys are held by the owner of the wallet. I also have the trust wallet, though I use it for holding my bitcoin, but I believe it could still be used for holding ethereum.
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I don't believe they sell your data. Why will they do that when they make a lot through the transaction charges you pay when you sell or withdraw from their platform? That amount you regard as less charges becomes big money when huge transactions take place or when plenty of people transact on their platform.
Even though there's no prove as to the exchange selling individuals data, and the exchange are expected to be buoyant with the transaction charges which users of the exchange tend to pay, there's still a possibility of data breach which may not be executed by the exchange.
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There is just no one will keep buying ETH anymore to make its price of up if all investors who bought ETH while the price was less than $1 are selling them to quit now that they knew its not going to survive the competition due to the newer platforms that are just scalable than ETH. The platform is just going to die because of a bigger project like EOS and TRX.
I personally don't see the ethereum platform demise coming anytime soon. The bearish trend on the market is general as both bitcoin and a substantial number of altcoin has been hit and ethereum happens to be one of the altcoin that is declining like others. I believe that the market would recover before long and ethereum would join bitcoin in the uptrend.
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On seeing the post, I had to rush to check the market value of etc presently, and I was disappointed by your definition of 'performing well', there's barely any upwards movement on ethereum classic and the performance is just average, if not insignificant.
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