I need to buy some btc for a family member in Canada using Canadian Bank debit card, I tried most known exchanges binance, crypto.com etc none of them worked as Canadian banks and card issuers block crypto exchanges, any successful experience and reputed exchanges to buy btc with low fees in Canada will be greatly appreciated, I only found those other sure how legit they are: mybtc.ca
Help appreciated thanks..
Since their is a restrictions of so many of this exchanges to process buying of cryptocurrency over there, i think the best thing to do concerning these, is to use VPN, because it's like cryptocurrency is not supported in such country by using of the direct ip address of the country to operate on exchange like binance.
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Actually in trading investment of cryptocurrency, the target of an investor is to buy exactly at low price and sell at higher price because of it's target, actually someone who purchase at low price is expected to sell Bitcoin at higher, so the illustrations you gave op, the crashing or losing of any coin from any investor will be determined by its target or what it's the investor's objectives before sells
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From my objectives in trading i found out while everyone is curious to learn trading, it's because trading is the one of the aspect of cryptocurrency that multiply the investment of someone, trading have to do with two perspective either you lose or you merit it during the process of trading. So most at times many people who knows the rudiments or the foundation of trading do make a profit during trading, and mostly professional traders.
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We have lamented on this thread before concerning leaving your funds in exchange, i believe that exchange of cryptocurrency in a platform is nice, but a process of leaving your funds in a platform of an exchange, i think it's absurd wrong, and from my perspective, scammers can attack the exchange and all your funds will wiped away and all you have saved will will not be recovered, so therefore it's good to save your coins outside exchange.
There are things to consider first on why they have to leave their funds in exchange although, majority of the best choice is not to but with this certain factors you might wanna rethink again. For example, if you are trading in the exchange do you really want to just take your funds without considering the tx fees and the hassle of waiting? Most traders leave their funds in the exchange to avoid this hassle plus it's convenient if you have a lot of order. Choosing the best reputable exchange will help you to not to get too much anxious for leaving your funds in exchange. It's encouraging to exit your funds from exchange, because record has it that the biggest exchange per say, Binance has been hacked before and people or investors who kept their fund's in the binance platforms majority lost their fund's, so that's the reason while many people who witness the incident and experience lost don't encourage anyone to make a save in exchange, because their is every tendency that if the exchange is hacked and the platform fails to rise again, it's obvious that you can't recover your funds.
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Current crypto currency market was a sad one to the holding people.They keep on losing their dollars by holding the potential coin itself.I had lost 120$ from 530$ two days back.It’s just because of the holding of various coins and the market crashed nothing like anything.The percentage of 120$ from 530$ is very huge money.Its essential one to hold your coins for the long run in the crypto currency trading.
It's encouraging when you noticed that you are experiencing lose due to your long term holding of cryptocurrency and especially bitcoin, if you are into such condition, the best we can do to keep it value without having a mega loss during the bearish market or season, is to hold the coin and wait for bullish market, along term holders of Bitcoin knows actually that when they panic during bearish they are going to lose, so therefore the best option is to maintain the frequency of holding the coin until bullish season.
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We have lamented on this thread before concerning leaving your funds in exchange, i believe that exchange of cryptocurrency in a platform is nice, but a process of leaving your funds in a platform of an exchange, i think it's absurd wrong, and from my perspective, scammers can attack the exchange and all your funds will wiped away and all you have saved will will not be recovered, so therefore it's good to save your coins outside exchange.
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Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
If newbies wants to elevate in cryptocurrency trading, actually you won't be depending anyone to come and impact knowledge of how to trade, it's your primary function of desperation to observe the methods of people who is into trading analysis the future of trading and basics concept of cryptocurrency and trading in quote, so i believe that learning is basically depends on your interest over it.
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Having the knowledge of trading or cryptocurrency, doesn't necessarily mean that bitcointalk community will provide all for you, some do not take their own personal step of knowing anything about cryptocurrency, so therefore making a personal research of cryptocurrency is one the things that speeches about cryptocurrency volume and it adoption exactly, so i believe that Bitcoin and trading information can be perfectly been secure with proper research of cryptocurrency.
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Trading is a very unpredictable business tbh and you should accept what amount you can get in every trade as long as you can make profits afterwards and not losing money in it. Be practical and always build a good strategy so that you can gradually get your price target. Being greedy will not work so be smart enough..
I agree with you that trading is unpredictable, because when trading or venturing into anything cryptocurrency, the one thing that comes to the mind is to know your target, and failure to indicates your target before trading, it's very obvious that greediness might leads you lose all you have achieve within some space of time.
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If we pay attention to the market conditions it will often see that the price fluctuates $ 18k - $ 20k, so it can be concluded that when the price drops below $ 19k then we can say bearish and I recommend to immediately buy, or vice versa when the price has touched $ 20k then Selling some is better and profitable.
I will say from my observation, since this year Bitcoin have not exceed the value of twenty and twenty five, and if the market is fluctuating that means that the market is lacking support and the supply of the market is higher than the demands, so they whatever Bitcoin has experience today it's Trace from the history of the acceleration of Bitcoin in price and mostly the degradation aspect of it's values
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The thing I just want you to understand is that, bearish market is something i know quit well that it doesn't have an end except the market determines the future of the market, i can't give you analysis that today cryptocurrency can be rise or fall today, all those things are assumptions because the future of the cryptocurrency acceleration is dependable on the demands and supply of the market, so be in bearish or out of bearish is the concernment of the demands.
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Emphasizing on personal message (pm) is something everyone knows that it's for privacy, and i believe that anyone who received message from it's inbox knows what is obtainable, except that the person is a newbie, but actually this your information concerning personal message advantages and disadvantages don't have anything to do with newbies of the signature and avatar you included. Because newbies don't do with though thing's mentioned.
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Op i have peruse into your write up and i noticed that you are trying to elevate yourself, but what i you to comprehend is that the journey of this community can be actually be far for a newbie base on the newbies don't want to be concentrate or pay attention to observe exactly the methods of the senior colleagues, one thing about this community is proper observation and maintaining the protocol of the community.
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When Bitcoin was first created, what people use to notice what Bitcoin is all about is through social media awareness, so out of hundred percent about eighty percentage of cryptocurrency adoption today knows bitcoin through Bitcoin social media informations, and that's the reason i do let people know that anything you need that requires Bitcoin should be easily be understand through social media.
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I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively is one of the things lure many investors into lost and also profit.
I agree with what you said, because there is always an increase in buy orders when there is panic resulting from speculations, be it from the media or institutions who will want to manipulate the market to favor themselves. Most of the whales always look out for highly speculative projects so that their can used whatever market situation to make more profits. Most especially those that are in for a short period. At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time. As a trader or investor you don't have to follow negative information concerning the market, your duty is to check the market by making a research without depending on any news concerning cryptocurrency, i believe with your own search you will be able to know exactly when to make profit in the market and when not make profit.
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Actually you are right from the caution of the thread, concerning a observer makes a positive speculation, actually some traders might feel that they are good observer base on the way they interprets the movement of their candle sticks, and that is the perception i can disagree with the caution of the subject. In chat you can speculate due to your observation base your ability to decode the candles movement as i portray from initial.
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. Learning cryptocurrency will attract you towards the digital world and internet technology. It will prepare you for the future, since digital world is here to stay, and technology is progressing and evolving rapidly.
Is it time for the whole world to embrace, adapt, add it in educational curriculum and teach cryptocurrency to the youth?
Bitcoins when it first introduced to the society many nations raised against Bitcoin and kicked against it's technology, so i therefore before government will embrace the adoption of Bitcoin worldwide it most pass through their law first, so concerning the educational technology of cryptocurrency, it's obvious that the world is going into cryptocurrency technology and especially digital world, but right now, i believe that Bitcoin is something so many countries will embrace in future.
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Bitcoins is a decentralized currency which is up to thirteen years, and since the existence it has so many influence because of it's values in the society. From my perspective or observation, bitcoin has solved a worldwide problem in the sense that it has reduced accumulation of money transfer challenges, it's an easy access of transferring funds from one continent to another without passing much process or much stress. That's one of the advantages of Bitcoin and the problem it's introduction has solved worldwide.
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Bitcoins can exist without exchanges, but would you support the argument that the existence of exchanges are among the factors facilitating the popularity and accessibility that people have to bitcoins?
From my perspective it depends, because before the awareness of exchanges to the grassroots people from different perspective or countries have being making use of Bitcoin through peer to peer, but the introduction of exchange is what makes it easier to everyone, i could remember in 2017 i was still exchanging my Bitcoin with p2p. So Bitcoin can stay or stand without exchange.
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I think it is very important for a trader to learn quite a lot, because the market is extremely dynamic. When I started working, I paid quite a lot of attention to learning on the demo account of the Amarkets broker.
A trader supposed to learn and understand the major basic things that will obstruct trading before venturing into it, i believe that trading is one of the skill that don't need a mistake to be made because of the funds that are involved in trading, and that's the reason trading have to do with basic understanding before venturing into it. Sometimes people do not peruse into trading before investment, and that's while they continue to experience lost, trading needs a lot of concentration and consultation in order to find out the loophole of the market to avoid lost.
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