good article, although monero has some security vulnerabilities, as long as it can be fixed, monero still has a chance to go up, it's just that it will be very difficult to reach $ 2,500 USD, maybe when BTC passed ATH, Monero prices will be in the range of $ 500-700 USD - Although Monero is trying to improve and become better every day but that still does not create an opportunity for Monero to return to the market, all too late when we can see the value of Monero is quite weak over time, agree that the rise of bitcoin is an attraction for other altcoins but this belongs only to the altcoins that are attractive in the market. Monero is too outdated to become a focus in this market, so many powerful altcoins have shown their value, all the prices you mentioned are too hard for monero |
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I think that the current state of the cryptocurrency market, when the cryptocurrencies are again in red, should not be negatively treated, since this is a chance not only to correct the market, but also to correct our portfolios. You need to get rid of unnecessary coins and use the red zone of more promising cryptocurrencies in order to replenish your portfolios with profitable investments.
- Agree as you say, although this red market can create us an uneasiness but we should not be too negative with it when it is helping the market to have a balance and beyond, the altcoin turns to red is a sign that we can accumulate more altcoins and remove some altcoins without potential, adding more opportunities and more breakthroughs in the future. However, this is also a risky method when altcoin in red does not always have a definite bottom, it takes a flair to choose a bottom and create a safe space for us |
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I don`t do that, cause I don`t care what other people are doing. I learned a long time ago that it`s the best for me to relay on myself, when I make some profit it`s on me, when I lose it`s on me to, I`m to blame for everything I do, not others.
And like I said many times, with bitcoin is easy to trade, sooner or later price always bounce back, if you bought in wrong time just wait.
- Well, I know that trading is a job that requires our own capabilities rather than looking at what others are doing but the knowledge in trading is too much, we cannot understand it all, so get rid of your ego and look at reality, compare ideas and look at what others have created to be more mature, don't think that we look at other people's ideas, the decision is to follow the path of others. It is a mistake, an investor needs to see the path of others, recognize their limitations and build a more perfect path, overwhelming others. |
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Libra has raised fears about the future of blockchain mainly because it goes against everything the community wants and believes in: decentralization. Facebook could ultimately create a massive closed-loop revenue model from ads, digital marketplace, to payments. Do consumers want to bet on the status quo of existing monoliths? https://elixxir.io/blog/is-libra-the-future-anyone-wants There's been a lot of speculations about Libra Coin on what and what not it can do to the industry, I'm not a big fan of those Facebook projects, there's a lot of advantages and disadvantages on their project, but we need to see first what will weigh the advantages or disadvantages and we will only know this after Libra Coin launch. - If we were early bitcoin users, libra really could not create us too much excitement and admiration because except for the advantage of strong media, advertising and assurance, most of the features in libra are quite detrimental when the government can interfere with investors. However, one issue we cannot deny is that the media coverage of libra is too good, it also contributes to polishing the name of bitcoin in the market, so whether we like it or not, libra needs to appear and become our future to increase the growth of this market. |
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Today, it is not difficult to convert cryptocurrencies into cash, and we can find many sellers available in our country. I usually use my friend's service, and they help me to do that. I only need to sell some bitcoin to them, they help to send the money to my bank account, and the transaction was run less than 30 minutes. It's no problem for me if they use some fee because I still get the money in a short time. But sometimes, I use the other service like the local exchanges, and I don't have any problem too.
- Indeed, in almost every country there will always be some reputable people who become intermediaries for buying and selling bitcoin, and as you said, we just need to discuss the proportions that are right for them, transfer bitcoin and we will get money, the benefit they get is the percentage difference between buyer and seller. However, this method sometimes has some risks if we sell a large amount of bitcoin, money always makes others greedy, in this case, turn to reputable intermediaries websites, they are often present in most countries |
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join airdrops that only as about your address.
most of the airdrops are just collecting info about you that turns into a scam.
just avoid giving them your email address or ID's
You should avoid any Airdrops that require you to submit your identity, for example KYC. I really will not follow Airdrop that requires KYC, they just want to take it our identity then if they use it for crime then our identity will be tainted. While the results we get are not in accordance with the energy we have spent. - But until now, airdrops did not create value and income for participants, most of them were projects that did not require identity verification while projects that offer real rewards to everyone involved, all require KYC, and they will use our identities to do something in the future, which will be a mystery. However, many wise people have used the identities of others to earn more rewards in the airdrop, limiting revealing their identities, but I don't like these methods much, I prefer to engage in bounty and trading |
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What ever the news rekease everyday about bitcoin or the other altcoins trader have final decision what they do to the coin they have of if they buy or not. News ks only a guide is still depends on them if they follow them or not. If I saw some news I'll make sure I analyze it and make soem research to know if that is legit and make some reseach again if that affect to the price or not because believe it or nor some news did not affect the market even it's bad or good.
News really do affect the prices but not that very huge effect. Trader should be aware of what is really happening, there are such thing as fake news and it scattered everywhere on the internet especially about bitcoin. What I use for me to decide is the news, market history, technical analysis, sentimental analysis and instinct. It helps me a lot on trading especially on high profiled coins. Don't just rely on news it might not be that true. News doesn't really affect prices, which is why you say at the end don't just rely on the news. Indeed, there is news that greatly affects the price and not at all because the price does not move because it is only from a news, so that news will only be appropriate as another reference for your decision in trading, because the most important is an analysis and experience that is held in trading that will make profitable trading. - I don't think so, the news still affects the price, and we should understand that deeply, the news is the beginning of a market shift, we can see that when some important news comes out, people will discuss it more excitingly, and each person will always have a different calculation and plan for this information, very carefully analyze each chart and everyone's psychology. And with such needs, the market value will shift, and aggregate that we should trade based on most of the available factors, each element is related to each other |
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From the current situation, ETH technically looks the best , it has hold its recent gains and therefore could go even higher very soon.
LTC has not done anything much lately. But from other side, LTC in my mind is better choice.
- Do not let the mind influence or fool your thoughts, we should know that this is a place to invest, every decision needs to start from basic to advanced analysis and you gave a very basic analysis, litecoin has not had too much change recently, a peaceful trend and not seeing a great profit in the near future. While ethereum is taking a rather attractive and striking comeback, combined with eth's long-term silence, this could be the start of a major boom in the near future, eth is probably the option that brings more opportunities |
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IEO is better than ICO in my opinion, because at least the exchange party have done their research toward the project before the project listed on their IEO.
and of course, we must do our research and due diligence too. The more peoples doing research about the project, the more we can verify the project is legit or not.
- Your opinion is the opinion of many people until now, people have had enough time to feel about IEO and in summary, a complete replacement is beginning to happen, ICOs will gradually disappear from the market and the new brand is IEO, with more safety features. And agree with you that we should have more research on IEO because IEO has started to stop making too much profit, only a few can make a profit, some other projects do not have an explicit date to list, it no longer has a greatness as in the beginning |
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What makes us a good investor is when we are brave enough to take a risk because investing with bitcoin or any cryptos nowadays really need bravery. But of course taking a risk should not work alone you need to have a critical thinking to decide if that altcoin you invest in is worth.
Every decision is always a risk, especially with investments in bitcoin and other altcoins, courage must be there because it is the key to success in the future as the bravest investment. Being brave is not enough, you need intelligence and experience in trading. without intelligence your courage will only give you harm and bad things. because good calculation and analysis in trading does not come from mere courage. and one thing, that trading and crypto investment has risks, you have to accept all the possibilities that will occur if the risk happen, that will make you good investor - Indeed, being brave but without knowledge and experience, the consequence is just a loss, even a very silly and unbelievable loss, so before our courage, it will be a long period of immersion in a range of different knowledge, knowledge is never a limit, we need it more and more every day to get an overview of the future. Besides, good investors need to learn when they should go on and when they should stop, accepting failure is a way for investors to be better, instead of avoiding it. |
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ETH is coming back strong. I am seeing ETH gaining $ 210 currently, it will soon go up to $ 300 in October, In addition ETH will never die, it will exist alongside BTC
- Eth's performance really makes us reduce a lot of anxiety and pressure because in the long run, its value can only go down and fall dramatically, many investors have felt like having a heart attack in the past weeks but now, most are relieved to see a relatively good recovery. $250-300$ is probably the next level that eth should set, hoping that this will be a strong recovery when eth was too silent, many altcoins are starting to look at eth's position, eth needs to prove its value, deserve an altcoin just behind bitcoin |
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Think first before you quit a job..but it is all yours when and how would you do it for you're own sake. When you're not compatible with your time to do it both with your job and to trade, , i think much better you quit and you need loss one of them. And if to trade is your choice.. Then its good for you. Do it for your own good.
- He may not need your advice when the fact proves that he made the right decision, he made a lot of money from trading, your advice should be used for many people here who just look at the topic and feel that trading is a place to make money, ignoring the risks and problems in it. Believe me, a lot of people here will follow this story and some will succeed, others will complain on many other topics, huge rewards have made many people think lack of insight, having a good direction of development is good but first, we should know how much our talents are in the game |
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Bitcoin still profitable and never worried anything about what happen at the future with bitcoin because everything is fine, just keep save your bitcoin and hold it.
- Well, perhaps continuing to trust our choices is the only thing we can do because even if we have concerns about the future and what will happen to bitcoin in the future, we don't know exactly which trends this story will follow, Bitcoin does not provide us with such information, it only provides and represents temporary values in the market and that is constantly changing. And of course, when worrying is futile, I stop worrying and focus on the current trend, where I can make a profit from investing in bitcoin. |
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I initially thought the Ieo trend will not last till the end of this year, I felt initially that after a few wrongs, the trend would turn sore and that would be the end. But to my greatest surprise, even by this time of the year, the most successful projects this year came from top ieos. I am now 100% sure we will see the rest of 2019 with Ieo sales, and I am cool by it. I don't know how long the trend will continue though
It could continue longer as no crowd sale platform that are better than the IEO being launch in the market yet. With IEO, people feel safer, because they will mostly invest in big exchanges only like Binance. I find this good thread that summarize the profitable projects in IEO in different exchanges, and I like what I saw. you can also check this out below : [Overview] Exchanges, IEOs and their ROIs- The trend of IEO is still maintaining a certain number of investors and creating more opportunities for projects that can grow quickly, shortening time to raise capital, and with such a number of people, agree that IEO will continue to exist in this market in the near future, can not end too soon when the market does not have a new form. However, for an investor, maybe even a user, I stopped my interest in IEO when it no longer created a sense of security and the competition for tickets was too intense. |
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Blockchain has done very little to shift economies around, sure a few lower class people got rich but doesn't change the system at its core as more and more billionaires gain mass amounts of power over us with their giant companies.
- Well, the blockchain has some impetus for the economy when it is a new field, with many jobs that can create an additional source of income for many people but overall, as you say, the contribution is insignificant to the system and the economy, only a small number of people can succeed in this field, even this field has brought many failures and losses, so it cannot be called an economic trigger. To boost our economy, perhaps it will depend on the amount of knowledge that people can accumulate, based on their capacity. |
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Huobi is the best exchange for me, and it's so much better than Binance. In recent times, Binance has been hacked around 7000 BTC and scared many investors, And for huobi they have never been hacked, very safe.
- To be honest, binance hacked and stolen money is really a surprise and makes some investors nervous but you should not look at such bad news and judge their sins or mistakes, you should look at the method they handled this event, very simple and practical, they accept this loss and then upgrade to their system, after that, they promise to compensate for all losses to investors. And until now, this event seemed to be very big, suddenly it was settled in peace, no investor complained about binance exchange, their reputation and their working method is better than many other exchanges |
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Being expert and skilled traders will not guarantee you to become successful in trading as sometimes it would have to be associated with luck specially in this unhealthy market. You could try your luck as day trader if the market become healthy again so i suggest to wait for the market until it become stable.
We can't just rely on luck in trading instead, we must have to apply all our learnings and strategies that we've been gathered before. I feel normal to make some losses but how it makes us learn something is a great full day to have. No top traders succeed without suffering such losses, not to think just one but of many(possible) time before they reach from where they are today. - Luck may be a factor of the game but we cannot control it, and in a game we don't have the initiative, the chances of us losing are too high but with skill and knowledge, we may not guarantee success but we certainly will not fail too much and we will be proactive in this game. And agree with you that failure is so normal in trading days, anyone has certain failures with trading day because the future picture of a market is not something one can predict, don't be sad when we fail, it's important that we win the next days |
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Only if the banking system or cryptocurrency will change then these two things will be able to somehow interact with each other
Banking system won't change but they could improve by using the blockchain as it will make their transaction for faster and more transparent as well. Bitcoin is decentralized while banking is centralized regulated by a Central Bank, however, we can expect that sooner this whole market will be regulated by the government if the popularity of bitcoin will continue to increase. With regulation, it will open the doors for more opportunity for the institutional money to get in the market, so this market will grow but slowly we will loss the essence of anonymity as when the government is in control, that is not possible. - Indeed, the banking system has been developed and operating for many years, it has entered stable stages, so it will not seek a change, what it looks for is similar to what you said, a development that can make the system perfect and more powerful than ever, and the direction here is the blockchain system and the application of bitcoin storage at the bank. But this story still has a lot of problems when the government and the rules, Bitcoin systems are hard to exploit and control transparently, perhaps we will need more time to see the banking system, bitcoin and crypto have a link |
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2017 will always be an unforgettable year for me and probably thousands of people especially to crypto lover. First half of the year was a massive performance especially on altcoins. Then second half is where bitcoin went ATH. It was in 2017 where I believe most crypto millionaires were made. I nearly made it. I was half way. Not bad at all. I look forward an another 2017 be like year for crypto market. #KeepTheFaith
There's always possibilities of repeating the same thing with crypto market, it's only time who can dictates when things will happen, for such a believers holding and waiting can be the testing period for investors who wanted to earned with the same opportunities that's been enjoyed by those early investors, it's a matter of how much you support the industry in order to patiently wait. - I know that there are always the same miracles that can happen in this market but we should consider the chances that it may appear, it is very unclear and does not find a basis to identify, so the believers of bitcoin, even in general, should not be too dreamy about the future of bitcoin, wishful thinking about past prices, our life and method of making money is needed to face reality, to face the changes that the market is showing. Don't expect an unknown miracle to happen to us, we should look for our miracles |
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Of course! Every prospective investor before investing in a blockchain project will definitely read the whitepaper to find out more about the project, if there is no whitepaper how can a potential investor believe?
- Why not? Even without a whitepaper, if the project still provides enough information and necessary data, I believe many people still appreciate the project, the whitepaper is not so important as you think because since recent years, projects have appeared too much, ideas and plagiarism constantly, the whitepaper is no longer valid for investors to refer. Instead of trusting such documents, most wise investors always interact with the project, they always ask the project about the plans, confirm the partners of the project, then look at the community to predict the future |
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