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Alternate cryptocurrencies / Altcoin Discussion / Re: BNB - Binance coin
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on: August 02, 2018, 06:53:23 PM
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BNB doen't look good for long-term. They are planning to cut fee discount for BNB every year until it reaches zero. What utility will this token have in future is a big question. It may rise and fall and nobody except Binance themself knows about it. Too risky if you ask me.
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Bitcoin / Bitcoin Discussion / Re: DECENTRALIZED OR CENTRALIZED?
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on: August 02, 2018, 06:44:35 PM
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But somehow, numerous citizens want also the bitcoin to be centralized,
How can it be even possible? I mean, Bitcoin is decentralized by it's very nature. If it's centralized it is completely different tech, and it's not real blockchain. If they want "centralized Bitcoin" why don't they use Paypal?
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Bitcoin / Bitcoin Discussion / Re: Bitcoin will kill itself
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on: August 02, 2018, 06:40:21 PM
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Well, fiat cash is far more anonymous. The bag full of money doesn't leave any traces. But nobody will say goodbye to cash. In case of Bitcoin on the other hand you may trace the full path of the money.
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Economy / Trading Discussion / Re: What are the usual mistakes that newbie traders usually do?
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on: August 02, 2018, 06:22:25 PM
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in my opinion being greedy is the biggest problem that begineers do, we don`t know when to quit and always become positive regarding prices, but in reality they are not as good as we see but we keep holding and not cutting the loses.
Greed is really the main problem. Not selling because "it can grow even more"? Check. Going all-in? Check. Staying in dying currency because hodl is the key? Check. Trying to trade on unstable market which can go up or down? Check. Greed is trader's worst enemy.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: MARKET IS RED AGAIN
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on: August 02, 2018, 05:43:35 PM
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If we look on a price year ago - we are still in better shape. It's not uncommon in crypto to fall and turn flat after ATH's. We just need patience and understanding that 9/10 modern alcoins won't make it to the next bull run. At least if there won't be decoupling. So we just need to concenrate and focus. It's time to buy, but very cautious.
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Economy / Trading Discussion / Re: Making 1% Daily
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on: July 26, 2018, 06:49:32 PM
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It's not impossible, but it's crypto. There are days too risky to trade. And there is pressure in trading, so you may just burn out. And of course you can't count that the market will be the same tomorrow.
But there are chances. Just don't expect to make 1% daily. It's more like 20% profit on Day 1, 15% loss on Day 2 and 0.5% profit on Day 3.
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Bitcoin / Bitcoin Discussion / Re: Again Ban, but now from Twitter
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on: July 26, 2018, 06:40:00 PM
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"Plans" and "may" are not very strong words. They are often translated from Journalistish to English as "we don't have any news, but everything is possible, so why not put this on the frontpage?".
And if Twitter really does something like this it may be really good - because it will encourage people to create and maintain decentralised, goverment- and corporate-independent solutions instead of Twitter and Facebook.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Long term vs. Short term
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on: July 26, 2018, 06:16:01 PM
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Depends on your abilities. For example I'm not so good with long-term and mid-term predictions, so usually day-trading is more profitable for me. On the other hand I know people who are good in long-term investments but no good at all in short-term.
Just find out your strongest side, stick to it... but don't avoid everything else if you see a profitable deal.
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Economy / Speculation / Re: Do you still believe in btc price predictions?
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on: July 26, 2018, 02:22:31 PM
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My long-term prediction has changed. Because:
1) I was waiting for the correction this winter, but I never thought that BTC will go so low so long-term. I was ready for $5k, but I thought that'll be quick and BTC will rise again.
2) I never realised how BTC is outdated and not-so-useful. Today with modern progress of ETH and altcoins claiming to be ETH-killers - I changed my mind about dominance dynamic and BTC life-term prediction.
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