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The fact is that initially in 2016, when my friends introduced me to cryptocurrency and the opportunity to earn real money, all my activities, as well as the activities of other cryptocurrency users, were aimed at making real profit or at least a certain approach, since many cryptocurrency users live in which countries where it is not so simple to provide for their family. perhaps the cryptocurrency market, as well as specifically taken projects, would develop much better if all cryptocurrency users were less concerned about quick and large income, and the future prospects of cryptocurrency and specifically taken projects were taken seriously. Nevertheless, the situation I develop so that most cryptocurrency users have the main goal of making money using the cryptocurrency market by any means.
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As far as experience in trading in other assets tells me, the cryptocurrency market is not much. What is the difference from the stock market Or from the raw materials market. The fact is that any cryptocurrency, including altcoin, will be primarily valued based on the indicators of their demand in the society and on the cryptocurrency market. If any altcoin rises in price, therefore, first of all, the development indicators of a particular company, the same situation will be with altcoin, since only the demand for specifically altcoin in the market will correspond to its value. Nevertheless, for a long time, users have expressed their opinion that almost 70% of all altcoins do not have prospects in the future, and therefore, you need to carefully select coins for investment. if altcoin improves its performance only due to the actions of speculators in the market, then this is also a very risky asset.
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Ethereum is by far the most sought-after altcoin in the entire cryptocurrency market, although many analysts are starting to compare this coin with bitcoin, as a full-fledged coin with its personal blockchain, which is constantly in demand among experienced users, as well as among beginners who come to the cryptocurrency market and trust ethereum without any hesitation, compared to other cryptocurrencies. In addition, interest in Ethereum will increase after the next update of Ethereum 2.0, after which certain problems associated with the use of different equipment will cease to exist and energy consumption will decrease. In addition, the development team is trying hard to fix the problem of scalability of Ethereum, which also increases the demand for coins and blockchains for creating smart smart contracts. Based on this, I do not even doubt the positive development of events on the cryptocurrency market regarding ethereum, since the potential of this coin is very high.
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Temtum was a great project since the beginning, I am glad that I was lucky to participate in temtum bounty. By participating I know many details about this wonderful project that's why I am still holding this coin. Many friends of mine told me to sell Tem now otherwise price will go huge down, but Tem always was at a good price. Now I am waiting for the Sms to SMS transaction facility from the temtum project.
I also participated in the TEMTUM Bounty and am really pleased not only with the process, but also with the result. In addition, the Hhampuz Bounty Manager for me was a practical authoritative guarantor of the prospects of this project. I left all my tokens frozen for 12 months and I hope I did it for a reason. |
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Apparently, like all bitcointalk users, I was primarily involved in Bounty companies and aircraft, before I came to the conclusion that I can get real profit through investments and trading. Of course, it was the Bounty Campaign for me that provided the starting capital for my future activities. it wasn’t enough for me to read information on different sites, because I didn’t have a sufficient understanding of what was happening and therefore began to use certain youtube channels to study trade and to visually perceive information and learn. Of course, I am still only at the very beginning of my training process, but nevertheless it is bitcointalk and YouTube that are for me the main sources of information for trading.
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Buying Low and Selling high is not bad at all, this is the simplest form of the explanations you've said. For example, you're teaching your kids math, you wouldn't teach them Calculus on the spot but you are going instead for the basic, which is 1 + 1 = 2, simple as that. Beginners can't adopt what professional traders do easily, they have to take step by step process on being a Trader they wanted to be.
Though what you have said was all true, I agree about that. On the other side of it, it would be more helpful if you're going to show some actual trading proofs (images) for them to easily understand your advice.
Many traders, when they started their activities in the cryptocurrency market, faced various problems and, first of all, with the advice and training of people who instilled confidence that cryptocurrency trading is an easy activity and the main thing is to sell at a higher price and buy cheaper. But if you adhere only to this understanding, then collapse and loss are inevitable, since the trader must first of all have the knowledge to analyze the chart of the coin in order to choose the best time to complete transactions, and you also need to set a goal and clearly adhere to the plan using a specific strategy. Of course, my words are still fairly unfounded, because I do not have much experience, but nevertheless, I begin to understand this process and what is the great danger. I’m just starting to use the strategy of scaling to master this strategy fully, Before I start working in other directions. |
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Still, some of them are good to hold.
Not all of them but some of them. We can't ensure a good profit in the future in other cryptocurrencies but there are some that can give you a profit like Bitcoin. Predictions are hard but we try our best since we already know that it is a risk.
Under the current circumstances in the cryptocurrency market, only beginners pay attention to certain forecasts and trading signals in order to minimize certain risks from a lack of experience and certain knowledge for technical analysis. For the most part, professional traders feel the market and have virtually no free time, because they constantly monitor the cryptocurrency market in order to trade and make money on the difference in price. indeed, the market today provides very dangerous opportunities, since the risks of losing your money or making loss-making operations are very likely. I hope in the near future the cryptocurrency will be more stable and the control market will work almost the same as the stock market or the currency market. One way or another, despite the poor market conditions, traders were not left without their work, as professionals always find profitable strategies for trading and making good profits, despite the performance of the cryptocurrency market. Only the right analysis and a good strategy will give real opportunities for a trader to get a fairly good result, even under the current conditions of the cryptocurrency market. Moreover, today is not so bad. |
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One way or another, no possibilities of what is happening on the cryptocurrency market can be denied, since any options for the development of events are perfectly acceptable. Although based on what is happening in the information space for the whole of 2019, even many negative news, as well as the actions and statements of certain financial institutions and political figures regarding Bitcoin and cryptocurrencies, could not fully prevent the cryptocurrency market from developing and achieve the progress that we have on present day. Based on this, I can assume that we can see the next maximum price for Bitcoin even during the next year, since Bitcoin is becoming more popular in society, and most importantly, not only traders and investors, but also big business are beginning to be interested in Bitcoin. which cannot use Bitcoin as a means of payment to complete its transactions, such as oil and gas companies that want independence from the dollar and the usa.
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If this had been said half a year ago, no one would have agreed with this. But now you can safely talk about it! I also think that there is no chance for a bear market, which means that only a price increase in the long run awaits us.
That's very positive of you, man we need that for this market to finally change to a better market. I think we have struggled enough so it's time for a chance and from here, we should be witnessing more bullish movements than a bearish movements. Any changes in the cryptocurrency market are regulated by almost any actions of speculators, but if we expect global changes in the cryptocurrency market, this will only be due to the more active use of cryptocurrency in the everyday life of a person, so that cryptocurrency will be more popular and will be actively used as a means of payment as well as a digital investment. I believe that for this period we are at the beginning of this process and therefore a bull market is quite possible right now. |
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I understand that people think because the last ones created an increase, this one will create an increase as well but people are forgetting the fact that bitcoin is not some small thing like it used to be. In 2012 it was basically unknown and we were probably less than 10% of the number of users compared to today, in 2016 it was literally getting some attention and that resulted with us going to 20k eventually.
However in 2020, we are already known as much as we can, everyone has heard of it and people either like it or not, it is all decided, I doubt there is many people left who have never heard of bitcoin before. Plus going from 100 to 200 is not the same as going from 10k to 20k neither. So, I do think price ma go up but do not hope for it to be stupidly high like it used to do.
Same here, I couldn't agree more. Everybody have been so hyped about this price increase forgetting that cryptocurrency market may not be that predictable. I'm not trying to be negative about the upcoming halving, but I think Bitcoin investors should not be so relaxed about the upcoming price increase without been ready of the opposite. Let's hope for the best while been prepared for the worst to come. The fact is that today the price of Bitcoin can really increase due to the genuine interest of users in cryptocurrency and its relevance in society, compared to 2016 and 2017. The fact is that in past years, cryptocurrency was popular only because of statements about the opportunities to earn fast big money. But almost no one mentioned the real opportunities and big risks, and therefore many cryptocurrency users began to invest their money, and then lost their money. This is exactly what has been happening on the cryptocurrency market so far. To date, I think the situation has changed and cryptocurrency users have become smarter. |
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Since this holiday is primarily celebrated in the Middle Kingdom, I believe that China has completely different problems associated with the epidemic, because of which cryptocurrency users will spend significantly more of their digital assets than on the eve of or after the celebration of the New Year. To protect his health and his loved ones, a person is able to think much and less about saving his investment funds.
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I doubt that this has anything to do with the trade war. In fact, this has nothing to do with global trade.
I do think that it's simply a coincidence. Countrfeit currency is not something that is new to the US (when you consider that the secret service was initially designed to combat this issue anyway). $900k worth of counterfeit currency is barely enough to make a drop in the ocean, so it's much more likely that rogue actors are individuals/organised crime than from the perspective of a state.
But yeah, this is one of the weaknesses of physical fiat that I think governments will look at and use as a reason to move towards cashlessness further and further.
A significant part of the money is in use and does not go through banks for a very long time, and you also need to take into account the fact that the activities of counterfeiters practically do not stop and therefore there is always something to withdraw from circulation. I believe that this seizure of a large amount of counterfeit funds is just another government action from many of the planned activities. |
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I can’t understand a bit why halving is considered a certain means against bitcoin inflation, although in essence halving is necessary for the network to work in order to maintain the total number of bitcoins. But nevertheless, each of us knows that Bitcoin exists only 21 million, that is, its quantity is limited, and unlike the Central Bank, which can print its national currency and thereby provoke inflation in the country, Bitcoin cannot be extracted more than there is on really. Based on this, it turns out that we all expect the next halving of the miner's reward, which from 12.5 bitcoins will be reduced to 6.25 bitcoins.
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I believe that many people are afraid of the appearance of Satoshi Nakamoto and the transfers of those cryptocurrency funds that are stored on Satoshi's wallets. Many analysts believe that one million bitcoin owned by Satoshi Nakamoto can just blow up the cryptocurrency market and another war will begin between the owners of Bitcoin and altcoin. Perhaps none of the owners of Bitcoin wants to see the manifestation of activity in the Bitcoin wallets of Satoshi Nakamoto. Based on this, I believe that each cryptocurrency user has a different attitude to the study regarding Satoshi.
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You're not taking an important factor into account which is the investment.
A signature campaign doesn't need any investment to begin! This means that it may earn you much more than trading if you're only trading with something like $500. Also it doesn't put your money at risk at all it's always pure profit. You're wrong in so many things in this diagram. HYIP is not high risk. Scams don't count!
I believe that each participant in a company’s signature invests their time and labor, even if this is not the equivalent of money, then it still has a certain value. And if you consider that most of the projects in recent years do not show good results, not to mention of course fraud, then this activity for the user brings minimal income. |
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I rarely believe in someone who is considered an influencer, especially if he is behind a project, it's full of manipulation I think. So I prefer to do a personal analysis with all the risks, it makes me calmer than to be swayed in things that are not entirely based on my decision. Sometimes the speculation from influencers is indeed true, but the percentage is, of course, different, sometimes right, sometimes misses, so to strengthen it we must have a market analysis basis as well. That can be a protector from FOMO and other bad influences.
In any case, you need to gain experience yourself and study the cryptocurrency market, conducting various types of analysis in order to achieve really good success, and not succumb to the influence of various analysts, as well as groups and trading signals, which are primarily aimed at manipulating cryptocurrency users. |
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If you listen to information from social networks where Chinese citizens turn to people for help, because there is an acute shortage of various medical devices and personal protective equipment to prevent the spread of the virus and begin a real fight against it. The government hides a lot of information and tries to inform the public that an antivirus has already been found. In this regard, cryptocurrency users who need additional cash can withdraw a certain amount of bitcoin for sale, and increasing the offer on the market can reduce the price of bitcoin by several levels. at least today there is some lull in the cryptocurrency market and I hope that coronavirus will not affect pricing dramatically.
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Don't really like the idea of such trading but it's better than trying to daytrade using technical analysis anyway. I prefer using crypto as long-term investing instrument, storing money in bitcoin and top altcoins.
Undoubtedly, this is the best way to profit on the cryptocurrency market, especially if you invest for a long time in the highest-rated cryptocurrencies, as well as projects that have good prospects and are in demand in society. Such activities and income from these activities should be less of a concern to someone who has other sources of income. with daily trading, the trader makes a profit every day, every week and every month, and with long-term investment, profit can be obtained in six months or a year. |
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We always see the price rise for a short period after the listing in the exchanges or after IEO, but soon price be come down,
this may due to two reasons:
The first reason is that the coin or token has no real value.
The second reason is the large sale of those who got his coin free such as airdrop.
Isn't that true?
Do not forget about such a simple reason as pumping a coin, this is a “feature” of the cryptocurrency market, it uses exchange mechanisms and trading bots. In any case, there are such projects that try to control the price of their coins and they succeed. Although I don’t know where this path of manual regulation of the market price will lead, since this applies primarily to new cryptocurrency exchanges. As an example, I can cite the BCNEX project, where for quite a long time their coin has been at the price level of $ 0.12. |
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In my opinion, only insignificant price fluctuations for altcoins and Bitcoin can have a certain pattern, because traders always use such a strategy, when the bulk of the assets are contained in Bitcoin and Ethereum, and if there is a good time to buy altcoin, then bitcoin is sold, and altcoin is bought. But globally, this situation looks different, because only the most popular altcoin will be able to increase its value in the future.
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