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As with every trend on cryptocurrency market, game coin and token is one of those. However, there are some project that will outlived this game trend and it important not to get carried away without identifying and investing in these quality gaming project in Cryptocurrency. Vulcan forge is one of the low cap and good potential for growth in game project that I have seen since so far!
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Dogecoin has been existing with great community before Elon musk decided to start shilling it! Elon musk was very instrumental to dogecoin pump though, dogecoin would have pumped anyway without Elon musk, may not up to 50 cent! I strongly believe dogecoin will still with or without Elon musk!
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You can use you bitcoin and ethereum coin as you deem fit. It is important to know that altcoin is very volatile both big and small cap. If I were you, I will not trade Solana yet until it has established it's, price range away from the present pump. There are big whale backing Solana and in terms of infrastructure, Solana is not as good as ethereum. So, it is better to wait and see how things plays out!
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Shiba inu token is generating a lots of buzz at the moment, I think Shiba inu positioning is great as dogecoin is the only altcoin that is as decentralized as Shiba inu. The singular move of burning it's substantial supply to Vitalik was great move. Shiba inu is going be here for years to come, and one can expect it do well!
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Full time trader is relative in Cryptocurrency market. Someone may be chatting the bitcoin yet will not trade a dollar until the odds are in his favour. Would you call such a person full time trader or part time trader? Trading abilities and skills plus the good understanding of market structure and happenings is what give any trader for that matter the likelihood of success!
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Binance is aggressively pushing for kyc for all it's customers. There are various lawsuit against binance exchange from different jurisdiction and this might have led to the compulsory kyc for customers. I rarely use centralized exchange these days, I trade my btc on different side chain which are very fast and cost less to trade!
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Trading Cryptocurrency is an individual endavour, you will have to research and found what information is useful for you and develop your own unique way of trading Cryptocurrency which will lead to a strategy you can always use to maximize gains. You could start your learning how to trade from Binance Academy and Wikipedia!
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I don't know if it is true that South Korea will close Cryptocurrency exchange but what I do know is that a Cryptocurrency exchange that I use regularly which is based in South Korea sent me an email advising that I withdraw all my asset from the exchange as they have been instructed by the government to close down their exchange! I think in every rumour, there is an iota of truth!
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Trading bitcoin is not just about numbers, it is important to understand the underlined idea behind bitcoin, you can then position yourself to make most of opportunities that will be presented to you by volatility of Cryptocurrency market! Every time there is a dump, fear, rumors, negative news, etc most experienced traders know that these are opportunities for lower entry and good position for future profits!
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Trading is too laborious. After a few years of coming to cryptocurrency, I feel that instead of saying that I am mature, it is better to say that I am getting old.
Both the body and the mind have been greatly exercised,
I basically do trading once a week because I have suffered a lot from frequent trading.
I was caught up by the idea of trading frequently on cryptography market when I was just starting out in 2013! These idea were fuel by the twitter pump group, shillers and influencer! I later realized that the fastest way to lose your money is to trade everyday! However, if you know what you are doing, trading will be done when the odds of profit making is high not just everyday! |
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I will like you to know that money, no matter the amount, does not make you rich in Cryptocurrency, your skill and understanding of the market does. Making an informed decision and educated guesses is the key to successful trading. I hope you will not lose your money, I hope you will stay the course of learning. If I were you, I will put that 2k in bitcoin, make profit and re-invest back to bitcoin!
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I do not think there is anything natural or unnatural about bitcoin price and indeed cryptocurrency prices in general. It is possible that a coin may experience growth and development that will lead to rise in value, but trading Cryptocurrency is basically function of demand and supply at the basic level and everything in between!
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It is obvious there are more billionaire in Cryptocurrency market unlike it was before. Bitcoin may not be crazy low like it was in 2018/2019. And at the same time, we are gradually entering into bear market and bear market is the best time to build your portfolio with potential coin for the next circle of Bull market!
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What you are describing here is called copy trade! There are some few project in Cryptocurrency who offer such service. You could also get in touch with traders that trade successfully, asking them to copy trade for you! Negotiation and networking is very important and you could use people's contact of famous trader to your advantage. However, the most important thing is to learn how to trade for yourself!
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Dead coin is dead! I have seen investors getting emotional attached to dead coin, it is not unusual to be hopefully waiting for dead coin to magically arise, the truth here is that such scenario may never happened no matter how strong you want it to happen. The best approach to dead coin is to forget about it and consider it as lost investment!
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Cryptocurrency have increased my networth over the year and I must say my Cryptocurrency portfolio is the most profitable amidst all of my investment. i have changed my own finance by taking various risk at investing in Cryptocurrency! I believe there is still room for financial
growth and performance in Cryptocurrency in the future!
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It depends on what is important to me as a person. I do not like idea of giving people free money no matter who they are, be it my children or spouses! I believe people should make their own money. In case of death, I will set up a will with an attorney describing how I want my money to be spent after death! I'll probably burn some of my coin to increase scarcity and more value for the holders in the future!
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A lots of people are drawn to Cryptocurrency and bitcoin because someone somewhere told them how they can make quick money, the misrepresentation of Cryptocurrency is further fuel by ethereum smart contract platform, it is easy for anyone to create a token with bogus claims of value! Making money take time. Just like it is in offline work and business, you must be deliberate, discipline and know your onions as regards trading and investing in Cryptocurrency!
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