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Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Tether the Best Stable Coin
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on: March 22, 2021, 06:32:26 PM
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When it comes to cryptocurrencies, the first thing that comes to our mind is Bitcoin and every other cryptocurrency is alt-coins. In that term, there are stable coins as the name suggests their price stays stable and has very low volatility which attracts investor and other users, Tether or USDT Omni which was launched in 2015 on Bitcoin blockchain via Omni protocol. It is known as the king of stable coins because of its price which is all most equivalent to USD, which will catch the eyes of online businesses. With time as we all see other cryptocurrencies are gain more great growth, we can assume that Tether will also, and the real reason behind that is it has maintained its price and will grow potential in coming years. Tether (USDT) has the largest market capitalization among all other stable coins, which indicates why you should choose USDT to invest in or even, start accepting as your payment for business, as it is backed by fiat currencies which makes it more trusted crypto coins. It has and will gains more and more popularity, with stable growth in its price which is a really good way to make money and also started accepting as payment. https://coinremitter.com/currency/tether-usd-erc20It has 2 different blockchain also and these are erc20 and trc20. Personally, I use trc20 and it is so fast. The transaction fees of USDT on trc20 is very cheap if we compare with well know erc20 blockchain. Hope, within some years, most of the people will be able to know about USDT. |
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263
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Economy / Trading Discussion / Re: Day trading, is it worth?
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on: March 22, 2021, 06:27:34 PM
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That's why in trading, a lot of experience and information are needed to get profit from it. You should keep calm and don't be panic. Try to make 1-2% daily and it will a huge amount at the end of the month. Finally you can use the strategy of stop loss.
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265
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Alternate cryptocurrencies / Altcoin Discussion / Re: Shall I HODL DOGE?
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on: March 14, 2021, 05:27:41 PM
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Hodling Dogecoin as a long term to me is a bit risky. Better for medium or short term. Its supply and value issue is the reason I would do such
But many people are predicting that Doge can hit up to $1. If it heppens, then why we will sell Doge at this time? We should wait and hold Doge for long term to get good return from it. In my opinion, it will better option to hold doge if we want to make profit in future. |
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266
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Economy / Trading Discussion / Re: What is good amount to start day trading is 100$ enough??
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on: March 14, 2021, 05:21:49 PM
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If I am the one to start trading, 100$ is too much for me to handle if I am newbie with it. Without enough knowledge on crypro trading then there is a chance that I will lost most of it in trading. When I start knowing about cryptocurrency, I don't really have a money to start with.
Obviously it will tough for newbie to earn good profit from trading. Trading is not easy and not for all who are not familiar with crypto and trading. For a beginner, $100 is enogh for trading and by this, he/she will be able to learn trading practically. |
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267
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Economy / Speculation / Re: Bitcoin back to $ 10,000?
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on: March 14, 2021, 05:16:33 PM
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What threshold will bitcoin go down this year?
The price of bitcoin is so high at this time and it will be rising more. We can hope that bitcoin will touch $80K within some days. If bitcoin falls down, it won't less than 30k in my opinion. |
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