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I do selling on some forums. I created some sales thread and gain clients there. It is working for me.
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It's really a cool strategy for long term holders. I think it is profitable, warren buffet is the father of buy and hold and for me, it is still applicable until now. If you invest in BTC 5 years ago. Then you will be a millionaire already.
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The best trading platform is Binance, and you can trade a lot of altcoins out there. If you are a beginner you can stay on spot trading. Then if you gain more experience you can switch to futures trading which is more profitable I think.
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If the project does not have a roadmap, white paper, team members are anonymous. So beware of that, always do your due diligence before investing in any asset.
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I am still on Bitcoin. ETH introduces a new form of cryptocurrency, but Bitcoin is different. Its the most decentralized asset in the space.
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Market emotions. That's the nature of humans. People make a decision based on emotions most of the time(excitement). And that's why the market is going up and down, because of the randomness of people. Fear and greed create trends.
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Bitcoin is the most scare asset in the universe. I think bitcoin is more valuable than gold in many aspects. Just an opinion.
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Yes, it is not easy to make money in crypto space because it is very unpredictable. Unless you're doing it for the long term, like buy and hold strategy. However, if you decided to make money on trading and participating in airdrops. Don't expect to make a huge amount of money.
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Checking on the higher time frame, the market is still bullish. Nothing to worried about, everything seems to be normal. That's how the market works, it does not always uptrend, sometimes we need to experience a healthy correction.
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Yeah, Binance seems to be listing all of this coin coming from uniswap. Are they afraid of uniswap? And there's a lot of good coins out there that's not yet listed on Binance.
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It's hard to introduce bitcoin to someone that does not interested in it. If you want to explain bitcoin to no coiners, then you should explain first the history of money, and why is it not that valuable. The power of bitcoin is connected to money. So first they have to understand money and how it works, then explain bitcoin in a simple way.
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There's a lot of new coins coming out right now, promising to make you rich in no time. If it's too good to be true, then get away from it. Stay with the coins that established already it is much safer than those new coins. Just saying.
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I expect ETH would hit $500 before the end of 2020 or higher. It is very bullish for me, there's a lot of things that developing behind the curtain, and this project is one the most exciting crypto behind Bitcoin.
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Chainlink is one of the most used decentralized oracles. I think there is no doubt that this coin could hit $100 in the future. Based on fundamental and technical analysis trajectory.
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ETH is down because of many sellers taking profits on a long position. It is normal in any market to see a massive dump. I don't think what is happening right now is a simple correction or retracement. But for me, I think ETH will need to bounce back to $400 to be bullish again.
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In the case of bitcoin, it is really hard for normal people to use it as a medium of exchange. Right now we can consider it as a store of value like gold. And because the decentralized nature of bitcoin its not that fast enough to be used like fiat.
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Trading without a stop loss can be done if you are well versed in technical analysis. Like if you are a scalper, and if you are doing that for a long time. However, if you are a beginner and do not have much experience in trading. It is a MUST to use a stop loss.
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Yes, the cryptocurrency market is a different animal. It is very volatile as of the moment and you were been trading on other markets like stocks, you get shocked into this space.
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In my opinion Technical Analysis. The cryptocurrency market is driven by speculations and fundamental analysis is not yet applicable for now. We have to wait for the market to be mature first before we can consider using fundamental analysis.
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The best platform right now is Binance. It is comprehensive and lots of tutorials for beginners, and aside from that there's a lot of altcoins that we can choose to buy, whether you buy and hold or trade futures.
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