There are indeed a lot of exchanges that can be used and I think it would be better for you to find out in advance, what coins you are interested in or want to trade, and then you immediately adjust the exchanges that are right to use by checking in the CMC about the exchanges that you can find. But, you can also search or use a local exchange first, because it is very easy to trade by pairing it directly with the currency you are using.
You are absolutely right. First of all, I choose the cryptocurrency exchanges that are in the coinmarket rating. But in order to make my activity more convenient, I really choose such exchanges where my actions are confirmed by SMS using a phone, and not using the Google authentication application. The fact is that I very often change the device, switching from a tablet to a computer, and this interferes with my work. First of all, I like binance, because this resource is almost as technical as possible balanced by its capabilities and functions that allow the trader to work without any problems. |
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To be honest, automated trading bots are only good for managing your portfolio's while you are away or you don't have any time to trade, but trading bots will definitely will not help you to make a successful trade, that is why it is still better if you just trade by yourself because it is still an effecient way for you to make a huge profit.
Until recently, I was very negative about trading bots in general. My opinion was formed due to reviews that negatively characterized the results of the trading bots. But the fact is that I have very little time left for trading cryptocurrency and I would like to at least slightly facilitate my activity with the help of trading bots. Most likely I will follow the example of some users who use trading programs to trade cryptocurrency, but only partially replacing their activities. I hope that with close monitoring, the results will be good. |
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The fact is that today you can look at cryptocurrency and the blockchain separately, because even the banking system and other companies are introducing blockchain technology today, where they gradually learn to use this technology for their own benefit. But at the same time, there is no talk of any use of cryptocurrency. Based on this, such a situation already suggests that the blockchain can fully exist without cryptocurrency. In addition, I would like to bring some clarity to the situation with the problems that appear in cryptocurrencies due to state policy. First of all, it is necessary to consider the fact that states want to maintain a monopoly on increasing the amount of money, which allows them to carry out certain manipulations and scams, which could not be significant when using cryptocurrency.
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Well, there you have it. The reason why the value of Bitcoin is in awe is because of those HODLERS. I don't agree with the idea at all. Bitcoin should not be treated as such. If I remember they are the ones who made the 2017 bubble. And look at Bitcoin now, 3 years have passed but there's no improvement at all I've been telling that since as early as 2015 And back in the day I was ruthlessly attacked on all fronts. People were euphoric and ecstatic about the future prospects of Bitcoin as a universal means of payment, and they couldn't bear a thought that it was mostly wishful thinking and pipe dreaming. My opponents came up with all sorts of contrived reasons and arguments why Bitcoin should necessarily take over fiat in a not so distant future I asked them to bring forth real-life examples which would prove genuine expansion of cryptocurrency, and all they had been able to bring to the table were exotic cases like an obscure car dealer accepting crypto, which was actually an exchanger with no crypto involved in the actual process of buying cars from the manufacturer. Today you can pay with crypto with the help of payment processors but it is just a front-end and a fiat gateway Indeed, I understand you very much regarding the fact that someone does not always accept criticism or your statement on a particular issue, especially regarding cryptocurrency and in particular regarding Bitcoin. Everyone has their own opinions and arguments on this issue. If you are being attacked because of your opinion, then definitely someone didn’t like it and someone else has a completely different point of view. In my opinion, 2017 was the period of the most active phase of the cryptocurrency pr campaign, which attracted a lot of new investors and new people to the cryptocurrency market who wanted to get rich very quickly. Of course, certain groups took advantage of this, provoking a rise in the price of cryptocurrency and emptying the pockets of ordinary people, which led to a strong drop in the cryptocurrency market. Until society is confident in cryptocurrency and especially in bitcoin, not a single cryptocurrency can replace fiat funds. In addition, civil society today hears only negative reviews regarding cryptocurrencies and will never exchange fiat currencies for cryptocurrencies. |
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sometimes investing in stages can be utilized when market conditions decline, but must have a lot of capital. the most difficult thing is when the investment is done in full once, when the capital runs out frustration can occur, and therefore investment techniques can be used as a reference for last year and maybe this year too.
Sometimes investing in stages can result in LOSING ALL YOUR MONEY 😣😣😣😣 What if you invested in stages in Enron, Circuit City, Radio Shack, WeWork etc. as the price went down... The only time investing in stages works is if the price goes back up. If you invest every week and the price keeps going down, you can find yourself BANKRUPT. Hard Facts One way or another, the author describes a situation in which an investor who will invest in Bitcoin every week for a year will still be in a very difficult situation, until the cryptocurrency market shows good results. Only if Bitcoin raises its price, then these investments will bring a certain result. But if we talk about purchases throughout the year, then it is better to follow the Bitcoin exchange rate and use price fluctuations to buy and sell on time and have income on the difference in bitcoin price. |
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You know I think with the world war rumors spurring up , they will soon be very important commodity , because in the time of war and famine one should understand the normal governmental body is set to collapse , so I think soon enough the bitcoins and other cryptocurrencies are going to be super important and the way it is maintaining it's value above 7k shows that in the future we can see a pretty big move .
With this development of events that you are talking about, you really need an alternative for fiat money and in this situation, cryptocurrency can really replace all national currencies if the whole world is drawn into a war. But you need to take into account the fact that in very difficult situations in the world even the Internet can cease to exist and then the use of cryptocurrencies will be impossible. Undoubtedly, if Bitcoin is the only international payment instrument and its demand in the world increases, then it is quite possible that its price will rise tens of thousands of times. |
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I don’t think there is possibility to change the total supply of 21 million bitcoin, last one of which will be mined in 2140. Satoshi designed the algorithm in a manner that bitcoin will have a controlled inflation. As per my knowledge there is no one who can change this supply.
Always remember in every circumstances there is always a possibility to change the total supply of 21 million Bitcoin but I believe it is not that simple. Bitcoin is just a code so if majority of the supporters believe that there is need for modification of Bitcoin total supplies then it can be done. The only thing that keeps it in that current total supply is its economy. Changing the supply will possibly devastate the economic progress of Bitcoin so developer dare not to change it. In my opinion, this issue is being raised in order to discuss the possibility of creating a shortage of bitcoin in the market and, due to this, hang its artificial price. In fact, there is no way to reduce the number of lures, but you can reduce the supply of Bitcoin in the cryptocurrency market. If demand exceeds supply, then this will be a good way out of the difficult situation on the market, but How to implement this is very difficult to come up with. |
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It seems to me that regarding this news you need to find out as much information as possible and first of all you need to find out why and on what basis the Central Bank will support this project. I think that this is where the main news lies in this information. There are a lot of projects on the cryptocurrency market, which, according to technical characteristics and other parameters, may be of interest to various companies, including banks. But in relation to the project, the Phantom will need to observe and monitor the information space in order to verify the authenticity of the prospects of this project. Although it is possible that today, thanks to the development of high technologies, the interest of banking structures lies precisely in Lachesis and TxFlow, in order to keep accounting records using a decentralized system.
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We all know January always the though months for cryptocurrencies. Bitcoin has just started to rise. I don't know it is real or only an another trap for price fall.
What do you think? Are we ready for rise? And Is it really good time for rise?
For me there are no certain months where bitcoin would have a good price, it would still depend on the market's movement from time to time no matter what. I have seen lots of times where bitcoin didn't went high on the same month with different year so I don't think it's practical to depend on the month of the year. The best you could do to know if there would be a rise sooner or later is through monitoring the market price of bitcoin as much as you can so that you can see if the movement is constantly going high or going low. of course there is no specific month to be able to repeat the same thing if indeed in the past bitcoin price movements have increased in the same month, if events always recur then everyone can certainly prepare more carefully before there will be an increase in prices occurring It seems to me that in 2016 and 2017, the situation on the cryptocurrency market was much calmer and everyone knew the prospects of the cryptocurrency in the future, but did not build castles in the air about what to expect in the near future. Of course, you can understand that most cryptocurrency users dream of seeing the same bullish trend as they did in 2017, but each of us understands that we will not see such a cryptocurrency price increase for a long time, since many active investors have left the cryptocurrency market due to losses and increased risk, and society is not very favorable in relation to cryptocurrency. In addition, there are certain problems with some governments, which very often speak out negatively about Bitcoin and other cryptocurrencies. |
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In any case, NEO will have very good results only if really promising projects will use this platform and these projects will have good results in terms of the cryptocurrency market. Based on this, I am most interested in the future of the coins that I have and they are in NEO wallets. If the teams of many projects still use the NEO platform, this indicates interest in NEO.
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I need lists of projects that were thought to be scam and faced many wrong accusations but in the end still thrive and become successful today, any? I believe not all project that appears to be scam ends up been scam because people suspect them to be
Some of them are wrongly accused especially when some information about the team is not clearly pronounce of the admin managing the bounty has a bad history of promoting scam coins. To aid your research fo alleged scam projects which turned out fine, you should look in the direction of Ferrum Network and Zeux coin At least to blame any projects for fraud, you need good reason or evidence of this. At least with regard to the Ferrum project, it is still only developing today, and their coins are not badly traded on the Bitmax exchange. In addition, according to the latest indicators, these coins have almost 20% growth in price. I think that the prospects and future opportunities can be judged only after a while. but in my opinion, the topic was nevertheless created for me with the bias that a lot of skeptics spoke out negatively about bitcoin, but nevertheless, the capitalization of this coin is in the lead in the cryptocurrency market. |
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People keep saying good projects always have good team and brilliant ideas to solve crypto issues, who tell you that scammers can't deliver all this?
Yes for couple years that was the trend but now they are kinda adapting to shape their scams perfectly. We know that but people don't warn here saying that you are gonna be 100% safe in community if you stay away from high-reward promising projects. There are always risk. It's like- trusting a high trusted member here in forum and going first thinking that he wouldn't but who knows what is going in back of their head. You are absolutely right in making scammers adapt to any situation, because if you compare 2016 and today's time, then it was much easier for scammers to start cranking their scams. And today, many are trying to get rid of fraud and use various options to combat this phenomenon, but at the same time, fraudsters are also trying to circumvent the protection and deceive more and more people. I think that fraud and the fight against this phenomenon will be an eternal problem in the cryptocurrency market. |
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Its been how many days since they disabled the withdrawal on their exchange. They are doing a smooth exit if this is true, even after they announced that they are fixing the withdrawal issue. Maybe the exchange really do not have funds anymore or they have their own reason which we don't know that's why this is happening. The last time I withdrawed my ethereum from this exchange 10 days ago, and then there were no problems. To date, the withdrawal of any cryptocurrencies is really blocked. In any case, do not actively discuss fraud regarding this project, because in fact they don’t give their cryptocurrency for withdrawal, but you leave the coins of those traders from whom you bought. The exchange earns only on its interest. Therefore, it is possible that the statement of technical problems is true. |
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As my mentor taught, there can only be two developments on the market. Or you make a profit, or a loss. The third option simply does not exist a priori. And also very good advice was such as to respond in time to a change in the cryptocurrency market, because only a growing market can and should be predicted in advance, and if the market falls, then this should never be done and therefore you should not risk your assets.
Moreover, taking into account the current state of the cryptocurrency market and if a trader in such conditions was able to make a successful transaction, then you do not need to follow the situation, because further actions may be wrong due to increased excitement and a sense of a successful life period. It is necessary, as always, to correctly analyze everything, and also to weigh the pros and cons.
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I believe that, first of all, for a successful trader you need to learn how to set priorities, because it is in the right priorities that trading performance lies, and not in reducing the number of unprofitable transactions. You should always start with the lowest possible bids and never chase big profits, because only minimal queries will have very good results.
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When you discuss only one side of the situation, when the price skyrocketed to $ 20,000 in 2016 and 2017, you forget the fact that many cryptocurrency users lost a lot of money due to the fact that they invested their money in Bitcoin at the wrong time. Almost the majority of new investors in 2017 took loans and sold real estate in order to win the jackpot thanks to investments in bitcoin, but given the current prices, many users lost almost everything. In addition, it can be safely assumed that when the price of Bitcoin rose to $ 13,000 in the summer of 2019, many sold their bitcoins only in order to return the money spent or pay their debts. Based on the current situation, we will have to wait a long time until the cryptocurrency market becomes, will attract new investments and cryptocurrency prices will go up.
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I think the 2 bottoms this year was good enough for an entry into bitcoin especially when the market was bearish when you try to accumulate. The 15k$ bounce back was also there were nice profits to made if you knew when to sell and buy in all this bearish market that is not over it seems  the breakout is there but cannot move further for now. I'm worried also a lot about altcoins...this time for real only a few of them will make it. Most likely, we will survive the very period that we spoke about earlier, when the cryptocurrency market makes a correction, thanks to which many unnecessary cryptocurrencies will leave the market. The fact is that many cryptocurrencies on the market, including some altcoin, supported their price solely thanks to speculators, which in turn prevented other projects from developing. Perhaps due to such a development of events, we will get rid of junk coins in the cryptocurrency market. |
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If we are talking about the prospects of the cryptocurrency market for 2020, then for Bitcoin to reach $ 20,000 there must be good reason, but I do not see any visible prerequisites for such a situation. The fact is that cryptocurrency users really want a repeat of the situation in 2017, but this cannot happen, because in those years the popularity of cryptocurrencies was much higher and investors were much more active, which is why cryptocurrencies grew in price two years ago.
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What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?
Their huge chunks of investments in cryptocurrency will be like the rest; they will become worthless. But again, as what you have stated, this will not happen and it makes no sense thinking about it because it is next to impossible to happen, especially overnight. Cryptocurrency might get weaker in the coming years but the whales will be making the advance steps before it will crash. Only with the advent of a higher technology that can replace cryptocurrency, the use of cryptocurrency can decrease, but it will not disappear in any way. Perhaps its use will be significantly less, because the user’s interest will be directed to something else. In addition, we do not know how things will work with using a quantum computer. Will there be a way to protect and secure the cryptocurrency in front of the capabilities of a quantum computer? It is this issue that cryptocurrency users may face when the topic of the existence of cryptocurrency will be raised on the agenda. |
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One way or another, the cryptocurrency user will still have to find free time to pay attention to his portfolio regardless of the availability of permanent employment. Personally, I do not want to hire a broker at all, because there is always a danger of fraud, and I also do not want to transfer all my funds to some kind of exchange in order to set an upper price threshold for a profitable sale of my assets. There is always a risk of not only fraud, but also theft, as well as hacking of an account, even in reputable exchangers.
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