Fiat currencies also crash, but they crash when something fundamentally bad happens with their country's economy,
Actually you're right to an extent, because many people in their sense of reasoning taught that it's only the cryptocurrency that it's value drops, not been known that fiat currency dropped in the value due to the economic determination of the country, because some certain countries their economy always drop or go higher because of dollars rates and especially All this African countries precisely. |
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That is why bear season is important because it will eliminate any insignificant and worthless coins in the market that will just confuse the investors and potential investors in the crypto market, just think of it as a useful season to get things sorted for you so that you won't be wasting your funds in coins that doesn't have any utility. Along with the elimination of shitty worthless coins, valuable coins on the other hand will rise and remain until the the bullish season will come.
It's someone who doesn't research before venturing into investment of cryptocurrency will liable to venture into a no valuable shitcoins, because before someone venture or margin into any cryptocurrency investment and especially all this shitcoins you have to conduct a research concerning that particular project should Incase of bearish market. |
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In general, training in any industry is an extremely important process that you should pay attention to. When I started working with a broker from Amarkets, I used a demo account to gain more experience and test my knowledge.
Learning of cryptocurrency is an individual task, because it's the effort of a trainees in cryptocurrency will determine it's objectives via cryptocurrency. So in nutshell, anyone who determined to know the secret or the knowledge of cryptocurrency it's a personal race because it have a focus or target to be achieve in cryptocurrency. So if a newbie devote out time and make a research of crypto theirs every tendency that it will understand the rudiments of cryptocurrency, because nobody that knows about crypto today without a research. |
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actually teaching children about bitcoin, of course, in my opinion, there will be two differences of opinion, namely.
1: it is very good to teach children about bitcoin at an early age so that when they grow up they really understand about bitcoin. and of course good opportunities for its economy in the future.
2: not can at teaching kids about bitcoin. because it's not the time for children to know about the economy and bitcoin because childhood should be filled with activities such as playing.
but in my opinion teaching your nephew about bitcoin is of course very good as long as there is no element of coercion.
Let make say that people have different mindset of expanding the knowledge of cryptocurrency to others, in this particular aspect you are emphasising on. It's perfectly good to start teaching or educating kids the technological impact of Bitcoin, but not really the methods of investment via generating of funds, because in this process, i believe that Bitcoin investment at early stage of children will make them to be money conscious. So from my perspective, children supposed to have a specific or pronounce age before any father or parents will educate it's kids on the way forward of making money through Bitcoin. |
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Every bear market leads to the death of shit coins and with the current saga combine with the bear market more will follow suit.
Actually bearish market do affect any coins in the market depending the potentiality of the coin, so many of shitcoins give off during a bearish market, but sometimes not some do give off, because of the investors who are on queue investing such particular coins, so i will agree with your suggestion and in same vain make you to understand that fews coins do survive via bearish market. |
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When you look at world you will understand that this world has become a digital world, and i believe that Bitcoin is something i have notice that is going well, and in which everybody is interested to have the knowledge of cryptocurrency, and it comes to my knowledge that their is every possibility that Bitcoin can be added in educational curriculum in certain universities and especially the country that adopt and know the future of cryptocurrency.
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Op Bitcoin is a decentralized currency which when it was first introduced to the world, it was not been acceptable by the government, even upto date it never be accepted generally by the government, but what i want to put in nutshell is that since people across the world have noticed the important of Bitcoin the adoption took another dimension. It's acknowledgeable to extend the news and transaction of Bitcoin into localities so that will not be unaware of cryptocurrency and especially bitcoin.
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What most people including me didn’t understand at first, was that all the addresses that people „create“ are basically already there and you yours create a private key and derive the public adress from there.
Try to make some to understand or comprehend the areas you are deriving at. Over to op, the features of Bitcoin can be difficult for you not to understand exactly, will just take place when you are lacking research or investigation concerning cryptocurrency and especially bitcoin. Nothing in the technology of Bitcoin that is not understandable when you devote out time to invest in cryptocurrency. |
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Another Milestone Achieved I really can't hold the joy in my heart, waking up to a Member rank up this morning. This journey haven't been an easy one, especially not to a poor writer and reader like me. The forum has really taught me so much, especially been patient and accepting criticism because everyone has a different opinion to every topic raised. My special thanks goes @ lovesmayfamilisfor also taking out time to see me grow even without knowing me in anyway and all the support so far, you're loved. I want to sincerely thank the organizers of the forum and all those who have taken out their time and efforts to seeing me grow. Thanks ~Obari I know that you are excited towards your growth, it's absolutely nice seeing a newbie making perfectly well in the community, your congratulations is very nice the way you place it. I know that brainboss has the highest aggregate of giving you merit, but you have the right to congrats whoever you feel like to congrats, because i understand that maybe you are not making your congratulations due to the merits you earned by your merits supporters but by some insight or directions, encouragement you receive personally by the forum users. |
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Why hate and compare, they are 2 different thing, just set aside the comparison and learn how important this 2 is. You cant use bitcoin to buy daily needs in ordinary store outside, aside from its volatility, internet connection is also a problem unless you are in a city. While fiat can do most of them time aside that authority controlling, the circulation, the use, etc. People are used to have it.
In a civilized environment you can get whatever you want with Bitcoin, the problem is that the world is been known by a fiat currency and it's a few years bitcoin marked thirteen years (13yrs) and it's able to gather this kind of influence, while Fiat currency have stayed so many years, so the comparison is still far from my perspective, so if bitcoin should stay hundred years on earth, theirs every tendency that it can be use get your needs in the supermarket in the future. |
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Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.
Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.
Some people do decisive themselves in Bitcoin via online which is wrong conception, because it's obvious that social media Carrie's a negative information concerning cryptocurrency, so about hundred percent of newcs out seventy carried via social media is not trustworthy information, so personally I can't adhere to social media dispensing of cryptocurrency price, i tagged such informations as fake one. So obtaining information's there is not adoptive. |
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It depends on what you want to get with bitcoin, some certain countries that adopt fully the usage of Bitcoin do buying and selling with Bitcoin option. And also some of the companies do accept payment with Bitcoin instead of converting it to Fiat currency before making any purchase, with this kind of acceptance of cryptocurrency to this extent, i think fiat have no much impact to play. So from my perspective, what's hindering bitcoin to not be value without accompany of fiat currency is massive adoption.
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When you say a quality Post, we have different way you can make a quality post, so i want us to understand that a post that is a solution or answerable to problem is a quality post, A post that educate us of what we don't know and not familiar with, is also a quality post. So therefore a quality post doesn't have a measurement, because sometimes a post mr A seen as quality, mr B might not regards it as quality, it depends on individual understanding towards your post, so that's the reason while not everyone merit a post you think that it's of a good quality.
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Actually anyone who is forum user will obviously come in contact with the announcement because it's in the front of the forum dashboard, and it's pinned and locked, so immediately you click there it will take you to the board directly without uttering anything. So it's only the newbies who are some weeks old will not likely detect such pinned announcement by the theymos. Shall i appluad you by putting more effort to make it to be known to someone people who didn't seen it or been unknown to.
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I'm responding to this because because of the subjects title, actually do support this type of notion before when i have not really put myself together to reason the positive impact and the negative impact of it. So i stand let us know that cryptocurrency is now a universal subjects which every country admire and embrace. And it's obvious that many people have also listed and include a payment method with cryptocurrency, so therefore depending on cryptocurrency as source of income is not really bad to an extent, because cryptocurrency is now a payable currency despite of it's market fluctuations, so it depends what you do with cryptocurrency will make you not to depend on it as a source of income.
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I will suggestion to you that, this community is purposely meant for discussion or sharing the knowledge of cryptocurrency and in exemption of that, if you want have money you can have it outside the community through understanding the concept of trading and start practicing it, but for the forum, you can earn money but you can do that when you have secured a higher rank positions.
Earnings money online is among one of the good decisions newbies can take inother to persuade themselves into making good profits from future trading which happens to be the only way one can earn heavily from. Future trading happens to be more beneficial and important than spot trading, it's also consider as the oil well of making a solid stand in crypto trading. Getting the right tools strategy, also aides one to be financially balance, is able to gather the right ones, and execute actions on it. There are so many ways to make money in the space only consistency matters alot and mingling with the right mindset other than earnings before learning, it will make you learn the hard way, rather learn before you earn will proof you worthy of profits. There's so many key factors to consider before sliding into making profits from market, it requires sacrifice, discipline and consistency. In the aspect of trading you are right, but in aspect making money online, it have different varieties which the person i quoted did not make it obvious and specific. Earning in the forum was the area am emphasizing on, because you I knows that to earn money via the community have segment by segment, but via trading either future trading and otherwise, anyone can do that, provided that you advocate time. |
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Market is not suited well and all the coins deteriorated in values and by speculating these bad condition everyone has just an option to hold and keep holding, there is no one who will desire to sell because by doing so they will have disadvantage of it. I hope these low values become end in next year and all coins reclaim and things will be normalize and stabilize again.
Some people sells coins during the dip market, because they have target, everyone do lament negativity concerning bearish market while some of us do make profit during bearish market, because because the prefer to buy and sell when the price rise a little, and secondly holding a coin during the bearish time have a major disadvantage, because bearish market can continue to exist for long time. So that's why some people buy and sell to with the ratio of little profit. |
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Is there any trading platform, where you can get some - trial money, to start trading...
From my perspective i will encourage you to make your own research or learn how to trade through YouTube video and also internet process, or you can as well learn how to trade through Manual, where you can understand the basic function or the rudiments of trading, because looking for a platform online who can educate you in trading with a trial of entrusting your funds with, or testing yourself with your funds when you not comprehend the rudiments of trading, i think it will make you to venture into lost. |
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Loosing money in trading is normal and to become an Experience trader is a process, So you will definitely encounter series of failures in the process of trading, which later results to loses, Therefore to become a successful trader you need to know /learn why we have 95% of traders loose money and take those mistakes into account, work on it and take the correct, which are greediness , emotions, and the
Psychological aspect of trading etc.
Traders knows that their is involvement of advantages and disadvantages in trading, so the process of losing funds via trading is already in the mindset of a trader, because it's obvious that a market is very risk and it leads you to the negative impact and as well lead's to positive due to your method of day trading, or your strategies of trading. So therefore i adhere to your contribution, because experience trader knows when to be in market and also knows how to man over a huge loss in trading irrespective the obstruction in the market. |
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Tip 1: Use trusted platforms with KYC
This doesn't mean much and scammers can use fake/stolen documents. Thousands of users have been using no kyc exchanges and they have been fine. Scammers using fake documents for KYC verification, i think it will bounce later irrespective how legit it's, from my observation some website doesn't accept a scan documents, that's while they do demand for the edge to verify it, the process of using fake documents for verification, they most something that will indicates the errors. |
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