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I think the yobit exchange place is not safe to use for transactions, it's just that there are lots of coins that often manipulate prices, and many withdrawal cases are delayed, it's better not to do transactions on yobit.
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I trust Binance more than Bitfinex when it comes to trading altcoins. I find the trading of Binance more reliable than bitfinex. However, you should know that there's a risk in trading no matter what exchange you'll use but it's better to choose a more reputable exchange.
Currently, binary exchanges are a favorite and many people believe in binance, because currently the most trading volume is a binary exchange place, their platform has just been released a few months ago but the trading volume can beat the old exchange platform. |
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Its good to have an everyday update about the price movements of bitcoin, whether I care or not as long as you are doing this for a great reason then I think your hard work will be worth it. Analyzing the price of bitcoin is not easy because of its volatile movement so your prediction or analysis might not be accurate and you should be ready for the critics. Supply and demand is the one who moves the price of bitcoin, that's a good analysis though.
to be able to make the price of bitcoin need a process, there must be someone who buys and supports bitcoin because if no one buys bitcoin and no one uses bitcoin then the price of bitcoin will not be easy to go up to be expensive. |
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The blockchain technology is indeed creating various jobs opportunity for many people. The technology affects all aspect of our lives and therefore the inputs of professional personnel from various fields are needed. For example, Medical blockchain projects need the input of a medical doctor and the same in other fields thereby empowering them.
although this blockchain technology can create very many opportunities but this technology also has a negative side that can make many people lose, one of which is extortion and theft of assets that have occurred in some cases. |
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I wonder what place they will take on the coinmarketcap? Will they easily dethrone bitcoin or just take the 2nd spot from Ethereum? But man, Facebook will work as a jet fuel for the cryptocurrency huge take off into the moon. Because there is no way that bitcoin will not get paired with that FB coin on all of the exchanges.
Facebook coin will not defeat Bitcoin, I guess Facebook Coin is only an alternative payment on the Facebook platform to facilitate transactions on Facebook. |
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Day trading is more profitable than passive investment. But, expect as a newbie there will be losses. Remember the lawnof average. It's okay to have small profit and small losses, but be sure to have times of higher profit. Especially now that the price fluctuates nicely with an average of positive slope.
the advantages gained when trading daily can be a lot when there is good news on the coins you are trading or the trend is going up, but if the market conditions are quiet and there is no good news that can trigger coin price movements your daily trading becomes worthless. |
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That will depend on what type of investment you are, you can invest in bitcoin but you must be prepared for the long term. Or you can invest in small coins in the hope of greater profits but also greater risks.
indeed bitcoin can provide a lot of benefits if you apply it with a long-term method, but the OP tries to find out which information is better to hold lots of coins or less coins, so I prefer to save a few coins that have potential and promising. |
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Since the beginning, investors had issues with HitBTC exchange, it has never been a reliable one. Many people had withdrawal problems in the past and issues never solved.
I think only a few people have a problem at the HitBTC exchange place because a few days ago I made a deposit and withdrawal transaction at the exchange of HitBTC still safe and the withdrawal was still sent quickly. |
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Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what? Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.
I believe discount is a way of marketing to attract buyers so i do think there is no problem in it. Well talking about bitcoin i do think word of mouth is really have a big impact on the price and how people think about bitcoin. some people sometimes talk about bitcoin not only from the good side, but sometimes they talk about the bad side of bitcoin and make bitcoin become not trusted anymore, there are even people who use bitcoin as a crime to others. |
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After read few replies on this thread, I have a simple question. I'm sure there are a lot of exchanges are faking their trading volumes, can we just simply call them scammer? or this is normal things in trading world...
some may not be like scammers, usually this is only used as their strategy to attract interested people but there is nothing wrong if you remain vigilant when trading. |
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I think from this video we can know that everyone has differences of opinion and tries to be the best for everyone so that the technology debate in the world of cryptocurrency is still going to be there and will never be over.
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It's our choice to choose a strategy where we feel comfortable to use when we are trading. As for me, I would rather use the basic way and normal way to do trading rather than putting too much complications. I would just want to do a simeple way rather than relying too much on technical analysis.
I think everyone has a different strategy when trading, when you do a method like that you can still get a profit, but for others it might not be very profitable. |
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First, make sure not to Listing in many small exchanges, such as HOTBIT and others. Note that the new currencies are Listing in these exchanges at first, because the drawer conditions are easy.
I think to be able to be directly registered in a large exchange place directly it seems very difficult to happen because of course it requires a very large cost and those project founders who do not have good money capital and good platforms will find it difficult to enter. |
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When the factors surrounding the present stable coins like tether are critically examined , you will understand why some crypto enthusiasts are calling for the creation of more stable coins.
It is estimated that the daily market volume off tether alone is in billions if this is not a pointer to the fact that more stable coins are needed , I don't know what is.
Again, there are some transparency issues with tether , more stable coins are needed to improve upon these areas.
It is true that the volume of the exchange can be an influence on the price movements of the tokens, but you must know that the projects and platforms are also the most important thing for the future token prices so they can be better than the previous price. |
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Surprises could happen at the end of the year with some speculations like these being fulfilled. What I'm certain about is BTC is highly probable to reach 6k in a shortest possible time. We will then see when it successfully break the 6k resistance.
Our market looks like to be explosive and it will happen in any moment. Mr LEE is expecting to much for the market as he might compared to what it happens last 2017 bull run, but it turns different today and we can't expect for a continuous market fly cause dumps still a part of crypto journey. if the market wants you to explode I think you should need good news that can trigger a rise in the price of bitcoin at the exchange because if there is no such support then the price will be very difficult to rise and now there are a lot of bad news circulating. |
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I don't trust any of these people, just spreading negative predictions hoping people sell and crash the price so he can buy up cheap bitcoins. I never suggest trying to play the swing trading game and buy in cheaper, you will get left behind when the bull really takes off and be forced to FOMO in at high prices.
I think indeed you should not care about them, you better stay focused on your principles and standings so you can see how the development of cryptocurrency prices and with long-term trading methods can be one of the safest choices. |
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yes I believe BTC will rise again. but problems that are often faced. nowadays there are a lot of people who are seeking profits from BTC exchanges rather than buying for investment. they prioritize seeking a short profit compared to holding it back. this causes market fluctuations and sometimes even plunges BTC prices.
most people believe the price of bitcoin will rise again, especially those who are still active in the world of cryptocurrency. although not fast, but, little by little the price starts to recover. I'm sure this year will provide a fair price for 1 bitcoin. it's true that the price of bitcoin can rise again to be expensive and bitcoin can still potentially increase because the supply of bitcoin is only 21 million pieces of bitcoin while the number of people in the world is very large so I think that will trigger the potential price of bitcoin. |
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it's a good time to buy when we taking a dip when bitcoin pump to 5k, almost all alts having a red candle. What I do is buy some dip, because i think the profit flowing from bitcoin will go to new assets like an alt, my bet at that time was a btc-sv and celr. It has a nice recovery after taking the hit from bitcoin pump.
indeed when you want to buy coins the best way is to buy coins at a cheap price when the price falls you as much as possible to buy coins as much as you can, take advantage of falling price movements and take advantage of traders who panic to buy their assets when they sell their assets at cheap prices. |
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This is good when you have the opportunity to manage a large amount of money in the digital market, but you need to be able to work with a small amount too, also you need to use only 10-20% of the total deposit on the trade
I think when you want to trade you can use not too much capital, from the capital you have bought to buy a few coins, with 10% of each coin so that from the capital you use that can have 10 types of coins that have the potential to can find a lot of profit when you have a coin price increase. |
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Thanks to the author for the topic, very useful tips for any trader, regardless of the level, I want to add that it is also important to choose promising cryptocurrencies and as many of them in your portfolio
I think this cryptocurrency trading cannot provide a guarantee of the possible benefits you can get because I see the cryptocurrency price movement does not always experience price increases, there are times when there will definitely be price reductions that will make you lose or not benefit |
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