Yeah I agree with you for daily trading BTC/USDT or BTC/eth really works. You can either buy long or short it means you don't depend on the scenario of making the coin going high since you can bet into low direction. It only depends on how your charting and marking analysis run.
I'm against daily trading, either putting you all day in trade. Even stopping limit loss can't help you with daily trading in this cryptocurrency situation. If you are not good anticipating the market movement day trade won't be your friend, as volatilities will hurt you from time to time. When the market is getting higher and higher, your daily trade can't save money. Yesterday the BTC price was 9.1k, but today you have to buy Bitcoin for 9.4 USD. Hope you understand my calculation.
The very reason you need to learn about calculations and anticipations, once you understand everything, it won't be hard to expect what will be your next position and how long will it takes to execute. Make investments weekly if price dumps don't make any investment or can make low investments.
Everything that into your knowledge will let you to position yourself, if you see that dumped is coming you can place your order to a much lower price, wait till it's fills up then wait for another cycle before selling it back. |
|
|
|
Stable coins are stablecoins, there is really no going up or down for them, whatever they make they are just printed out of thin air without really no backing and people buy them so they end up being basically used that way. Obviously there is a HUGE problem with it about the companies behind them, one day they could say that they are not going to give any fiat in return and you would be left hanging with some stablecoins that worth basically zero, which is the only trouble you could face with them.
This is really possible as stable coin are handled by the developers and once they've declared something there's no chance for you to recover, you should deal with more study before taking your next move holding this asset. There has been a lot of companies who tried to mimic what USDT is doing and a lot of them failed since people didn't used it that much and they weren't listed in every exchange like USDT is listed. So all in all the best way to actually invest into stable coin is a little amount that you are not afraid to lose.
You can use it a alternative but make sure to keep in mind that there are always a risk same with any other investment around, the more you know what your are doing the lesser the chance that you'll lose your money. |
|
|
|
So if you trade by emotions you will very likely loose money on the longterm. Therefore you should try to stick to your strategy and use as much technical tools for chart analysis to avoid trades lead by emotions
To some extents you are right; but you are not necessarily required to stick to a strategy, but you need to improve your strategy and trading techniques from time to time; so that you can get upgraded, and more informed even in the crypto currency space. Also, irrespective of the level of experience, always do your own research, Always have the room for improvements, not because you are doing a great job with your current styles means that you'll be stuck doing it from time to time, you need to enhance and grow for more successful journey towards your trade, always find that space inside you and not to lean to only one patterned. |
|
|
|
I don’t think the economy is so shaky The economy has suffered such a lot rather than being pack up due to the outbreak of the virus However India China, us and their economies haven't suffered much.
Those big countries still surviving and they are managing not to fall unlike with other small countries which really affected of this pandemic. Their business is close to resuming thanks to a small decrease within the incidence of the virus which can have an impression on global trade but it'll be fixed very soon but it'll take a while Trade and commerce survive on the economy of the country.
Once vaccine are available this business will continue, though some will struggle but surviving is very possible. |
|
|
|
Buying food or groceries with cryptocurrencies weren't preferred by most of the people. Due to the pandemic prevailing around the globe there is increase in the use of cashless transaction. This has somehow encouraged the usage of bitcoin and few top listed altcoins on purchase of groceries, and now the acceptance level on groceries and store products were very limited. Maybe the future will get to see more stores accepting bitcoin.
One of the reason of slow adaption of bitcoins at the groceries store is the slow transaction time of the bitcoins. Sometime bitcoin tx takes more than 20-20 mins for a single confirmation and consider that you went to a grocery store, send the payment through bitcoins and standing in the counter for the tx to confirm. This is not a practical approach. Still this concerned really preventing businesses to take the adoption, doubts and worries with that long waits for confirmation. Most of the time customers are in such hurries and they can't take that long time to wait, online transaction though are already workable as there are businesses who caters bitcoin as part of their online payment process. |
|
|
|
I believe that these scammers should have been punished, but definitely not killed.
Value of life, punishment should be serve but not to the point of killing them. It was necessary to take away all their property/money and put them in jail so that no one else wanted to be a scammer
It can be done indeed, but to those who felt angry with them can't control and most likely will not be satisfied by getting only their wealth.
I also hope they will be punished, at least they will be in prison for their actions. From 2017 until now, I have seen a lot of scam projects but they did not have any problems, only investors lost money.
Again, punishment to life imprisonment can be serve or depends from the laws that governs this kind of illegal works. |
|
|
|
Any sane person who works and accumulates wealth (little or much) is not happy to lose it because of the distorted monetary policies of these centralizers.
Good point, there are people who wanted to be free from this centralized types of monetary system. Because only the "unhealthy" do not notice the great inflation going on (also because of the distraction and ignorance).
Ignorance from how things are working, and that's the reality those who don't have that richness in life doesn't care about inflations. That's why bitcoin is needed, and how it is needed. To keep own capital (to buy the things we want or need): to be free financially.
Bitcoin is a great alternatives if you want to feel this freedom, since you can hold as much as you want nd store it from your own wallet without any interfere of any centralized bankings. |
|
|
|
This is the worst kind of news for these days as the market already in bad shape and now this.
This hacking news are really annoying, the market like what you have said is not in good shape for sure it will somehow affects the sentiment. A lot of companies like Binance for example want to change image of cryptos toward positive but news like this will be dub as " crypto used by criminal for illegal activity".
That's cannot be avoided, even good companies wanted to change things, there are always negative side that will flow, criminals will always find ways to also take advantage of new system. |
|
|
|
Great, this will help not only OP but everyone who also have same question in regards to this particular exchange, stop loss most of the time helps traders to position their target amount. Knowing much deeper into trading helps you to easily use and take benefits from this available tools. as long as you review the sentiments of the market you'll be able to anticipate and configure your system. |
|
|
|
That's really shame for giant company like Twitter. Twitter is like haven for crypto currency users. From past few years we continuously seeing this kinda pathetic news. If this is going to happening every moment then people won't believe twitter anymore. They should shut down their platform and they should find out their lick and working on it. And people should stay away from any kinda Twitter giveaway for a while.
More on your own diligence before participating to any giveaways, any it's not a giveaway but an scam attacks from those hackers. Twitter needs to adjust with a much higher level of defense. If they continue being like this, trust from the people who are using this platform will be compromised. it's a matter on how you deal with your service, it's a must to achieved the expectations. |
|
|
|
Very useful topic, because many people when trading do not use the stop loss strategy.
The need of understnading this function is really important especially if you are really into this business, you need to learn and start using this features. Finally suffered a big loss and say trading is not for everyone, which is worse will blame coins that have been purchased.
The bad sides of traders, always looking for someone to point finger to blamed, instead, enhance your knowledge and adjust from everything. With the learning stop-loss feature this has finally opened everyone's mind.
Though there are lots of things to also need to considered before using this function, but it's really applicable and useful. And finally many people now use the stop-loss feature when trading.
As they seen good advantages when you have this system while trading from any exchange. |
|
|
|
That would actually be a great place to start learning about Blockchain since you would be learning in groups and you can exchange a lot of ideas.
It will developed more inside you, once ideas being made and lots of inputs being shared, it will really a continuous growth for your knowledge. It can also appear in thesis projects since it would now be available for teachers to guide them if they are knowledgeable about it.
It will helps the future to enhance and developed more from those ideas that being collected, a win win for everyone who will showed interest. |
|
|
|
Nice one mate for bringing it to the forum, severally I have seen people or traders complain about these exchanges especially vindax exchange and p2pb2b exchange,yet I see traders go there and still come back to complain, I think the best is to leave that exchange to avoid future stories.
If you already noticed bad reviews with exchange you should move forward and find another, there are lots of good and reputable available exchange around you don't need to risk your investment using this exchange. Best to be more aware and cautious, some might used this exchange as this is the only venue for their tokens, we can't blamed those people who are'trying to trade their assets, expect complains after experiencing the bad practices of the exchange. |
|
|
|
I don't get it why they need to do this. Lock or freeze token in a set amount time and try to delay the distribution of bounty reward is always a lame excuse because "muh dump".
They should properly allocates that budget, advertising is part of the marketing and having the right allocation is a must for the team. Controlling dump for a project with a low fund for bounty or airdrop is a waste of time.
It shouldn't be like that, the team is responsible whatever the hunters did to their rewards. Unless they set like 10% of the total cap then maybe I can understand their point but for less than 1% or even 0. zone but you still need to control it?
Most of the time it's only 2% or less for bounty rewards so it's not that big to make a certain dumped for the entire project,. |
|
|
|
I don't think most people will be trapped into clone sites if the casinos create their official online site and invite everyone from their physical casino itself
If the owner will announce it as official gaming site online, those regular offshore gamblers will surely follow it and begin to play inside. but it is not going to happen in near future so there people might already moved to fiat or crypto online gambling sites to tackle lockdown boredom.
Some of those gamers might already doing this to kill boresome, people who really loves playing will find it ways to continue to gamble. |
|
|
|
One logical solution to one asset problem would be to give out in their own token?
I am not sure how well it would work but that would increase the price of the token as well and also drop it in another way. What they could do is that BET token could be the main point of contact with the investors, so let's say investor has 10k bet token, and needs to get like 2 dollars for that week right?
The system could pay them 2 dollars in bet token instead, that way the investor would have more bet token too. You want to stake bet token? You could just get bet token back. That way they are basically promoting their own token as well and a good marketing chance.
Plus, if they end up buying all those tokens with the money gamblers lost, it would increase the price of the token as well (however drop when investors sell it). Maybe a good idea, they should take a look at it.
They need to act as how they can attract more possible investors and gamblers that will play and invest to their business, if possible and if the team can work it out, It's a good suggestion to received stake rewards as BET token. Keep adding to your holdings while waiting for the team to buy the token back with profits out from the house bankroll. Again, it's case to case from how the investors and gamblers will look at it. More support to receive higher chance to increase the token value. |
|
|
|
During the world in the lockdown time China was open and their economy is running in normal phase while the world is shut short of.
Very smart to continue business while other countries are in major lockdown, china lock medias so there's no negative news to flow around. They have really done well to contain the virus .
Part of it yes, but the other side, they are good preventing medias to report what's the real score inside. Though they may have to face the consequence on future if known that it was spread purposely and other countries may stop importing from China and will move to other countries .
If being proven, this will be the after effects of this virus. Worse, super power countries might condemned them for doin it. |
|
|
|
Wow really great for this thread to read. This is how online gambling platform experience should be keeping in trust with the platform while playing the game. Meaning that online gambling platform has a high moral now when it comes to huge beat. Imagine that a 10 Million dollar lost is something that a huge leap of the development of online gambling games experience.
So how big really we are now in online gambling? I think the answer is clear. It is really huge now probably due to pandemic where gambler chose online gambling for now?
Online gambling is already big and it's expected to increase, but what OP's point is particularly on the crypto online gambling which we have no idea yet on how big it is, but if you read some of the previous comments, you might see some estimate that might interest you and might give you an idea on how big the market approximately. Crypto gambling is getting bigger since there are many gamblers who start seeing this venue as good alternative from the online gambling that they are currently using, the offer of non KYC and decentralization where gamblers can play without any trace attracts more players to use this venue for playing online,. It's all assumptions since crypto gambling house aren't providing precise datas in regards to this information. |
|
|
|
From early 2020 until now Ethereum prices have not been able to penetrate the price of $ 300, only able to go up to the price of $ 250.
Absolutely, there's no major pumped that happened to put the price to as high of $300. So I doubt Ethereum this year can reach a price of $ 300, let alone see the movement of Bitcoin which is still relatively stable affecting
the price of altcoins including Ethereum prices.
Bitcoin still the influenced from the entire alts market, while bitcoin is also trying to hold from $9K there's no major pumped to influence the entire crypto market. If only Bitcoin could reach the price of $ 10,000 then chances are that Ethereum would be able to reach the price of $ 300. Hopefully this
can be achieved.
Possibly yes, in any positive movements of bitcoin ETH do follow the trend, Hopefully that also brings ETH to this level. |
|
|
|
Are you talking about bounty and airdrop tokens? It depends on your skill to predict which is good and has a future and which is not.
Depends from your luck, choosing this kind of bounties are really getting harder from time to time. If luck permits you then you'll get satisfying results. If you do not believe in the token, then I highly recommend you sell it at least for few dollars and invest into altcoin with a potential.
Better doing so, you can use the money to trade and work with your other opportunities, instead of keeping it without any faith with the coin. I believe that one day we will see another 100x growths.  There's always time for every growth to happen, maybe that's huge but who knows what future will bring. |
|
|
|
|
Show Posts
