Is it safe to keep your all crypto currency at a single exchange (bitfinnix)?Or one should choose multiple exchanges.
No doubt that bitfinex is better exchange , even in these days most of the cryptocurrency exchange are better but in reality I would like to recommend you for the store of the cryptocurrency at multiple exchange Because if you will put your all the cryptocurrency at single exchange then there is chance that if the exchange get hacked or anything happened wrong for some time then surely your all the cryptocurrency get stopped to progress or send or receive and in that case everything that you will have wiop be useless . And also if you will use multiple exchange then surely there will be another thing that is a type of differences in the price of the coinn from exchange to exchange and in that case you will be able to make big earnings . If you are engage on multiple altcoin or bitcoin trading then its much better to have multiple exchanges too which you can able to arbritage too when you do see opportunities on making out some profits and not only that you can eventually less the risk on getting broke if one of those exchange is being hacked unlike if you do store up on a single exchange then you would really end up on nothing left. |
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I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.
For now in the current situation or standing of cryptocurrency towards on my country.We are still not coming to a point on where we do focus on cryptocurrency adaptation or make such regulation but there are already a glimpse or small news towards on making taxation which i do considered a normal move to be done by them.Im even expecting that they would really impose KYC on using up their crypto-related services which is backed by them. |
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Will you encourage others to invest in crypto and explain to them that this is not a scam or a pyramiding activity?
When i was just starting up and learning about crypto thing i have tried out to encourage people to whom i do know which most of them eventually refuse out and now when im already earning some serious cash they are not interested but sorry for them i have stopped on telling someones.Im getting pissed when someone already is interested when they saw out proofs on making money. |
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questions on day trading cryptos
seems a tricky task
your watching volumes
so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?
Day trading is effective to those experience trader and to those who know what they are doing. You cant just buy a random coin in daytrading, it takes a research and analysis for this to work for you. It takes a lot of time and patience by monitoring the market from time to time. Even the experienced trader can't be successful always so day trading is a very risky job to do and it is not for the people who are new to crypto currencies because as you said you can't make profit with the random coin. Committing mistakes as a trader even how professional you are you are not invincible on losing money which means anytime we can lose up a trade how much more on doing day trading which is the most riskiest way of trading and only few people can able to do it and profitable which it does really depend on how knowledge and skills into trading.It is really a hard thing but once you get the idea and way then making out money isnt really hard at all. |
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the only fault you are is not able to control the emotions or can not be patient, if you hold it then you will not lose and definitely profitable, ethereum is the most potent altcoin in my opinion because ethereum platform much in use by the new altcoin
You are right there but the poster doesn't say it is because of emotions. He use an example of the currency he bought and he loss with it. Traders need more knowledge to be able earn and get a better skills. The bottom line is be patient especially if you are holding a top coins. If we are looking on the current situation of the market for sure there are lots of investors and traders losing up their coin holdings and weak hands for sure are selling out their tokens because of such panic.If you did able to buy on high price and see this red market then you will eventually panic out and might sell if you are a weak holder.Losing out money is always been part of trading career because price is way to unpredictable. |
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earlier this year I tried to hold some coins and tokens but saw the market and the exchange getting downhill, what is the best move to sell it or hold it?
Get used to it when you do see falldown of prices which is normal into this very volatile world or market of crypto.The best thing to do or move is to hold it up and wait for recovery since it cant really be considered as loss if you are just still holding it.Dont ever panic sell or sell on loss.This is the common situation or do happen among weak holders or new into this crypto market.It isnt really suggested to do such thing. |
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I'm curious, one of my friend receive an offer to teach him trading in binance with starting capital for free via message in this forum. It is legit or not? Your answer will be appreciated.
Common sense thing.Dont ever sent out money to someone which you havent even known in person.People can easily tell words that will really convince you out to send money to him.Offering such service to make guaranteed profits. Mentoring even on legal way doesnt really even give a guarantee that you will make money.We do know on how complex when it regards to trading. Dont sent out any money and you can eventually learn trading by your own and informations is already in on the net. |
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 Being a reputed campaign manager doesn't mean that he can talk anything as well can describe users with words that suits him. He could have contacted the respective person or the different persons personally and should have made further actions. Without that just terming the entire user community of a particular country as beggars or scumbags is intolerable. He need to take back his words, this is pure racism which is shown in a different way. This thread isnt really appropriate to be posted on trading discussion. You can move this either on reputation board or meta. Going back to the topic each manager either on bounty or btc campaigns do have different behavior when it comes on handling people.There are positive and negative side on each one of them which is normal,since i cant see on the image posted i cant make a word on such behavior.If you are upset towards this thing then if he do continue to treat people on that way then sooner or later he would really mess up his entire reputation. Now you can see the image. Help me, to which section should I need to move to get appropriate response for the same. I have seen it,there are points which those words are little bit harsh but in my side i would really be triggered if that thing will happen into my part. Not totally showing a good behavior but you cant really avoid to say such thing when someones trying to put you down and offering much more lower fees compared to you.It is an insult to my part when someone is trying to patch you up when you are already been recognized to do the job. People are different, you cant blame him if he do address on that way people will really have different views towards to it. |
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Being a reputed campaign manager doesn't mean that he can talk anything as well can describe users with words that suits him. He could have contacted the respective person or the different persons personally and should have made further actions. Without that just terming the entire user community of a particular country as beggars or scumbags is intolerable. He need to take back his words, this is pure racism which is shown in a different way. This thread isnt really appropriate to be posted on trading discussion. You can move this either on reputation board or meta. Going back to the topic each manager either on bounty or btc campaigns do have different behavior when it comes on handling people.There are positive and negative side on each one of them which is normal,since i cant see on the image posted i cant make a word on such behavior.If you are upset towards this thing then if he do continue to treat people on that way then sooner or later he would really mess up his entire reputation. |
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What do.think will happen to crypto currency year form now? Will it be legalized? Will be banned by some? Will it be controlled by the government?
No one knows on what would happen on whats ahead since no man can able to predict or picture out the future towards cryptocurrencies but if we do base on recent scenarios and happenings on the community towards crypto adoptation then most likely i will really say that theres a balance between adoptation and banning which we already seeing it nowadays.We wont know if more countries would purely join one side or would having neutral thoughts towards this. |
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It was at an ATH just recently, what did you expect to happen at that point? Sure it could have mooned harder but in unknown territory you should protect yourself and take some profit unless you are extremely confident.
Sometimes that confidences together with the feeling of being greedy will really be the main reason why we do missed out on making money into those times which profits is already clear and it is just really waiting up for you to exist.The worst thing here is that you did even more bought coins into ATH or higher value which would possibly result into more further loss. Talking about NEO declining prices then its not surprising yet this is not only the coins is going downward but almost on the coins in the market is heading that way. |
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Is there any reason why there is such a situation in the merket? That's the worst scenario i've ever seen.
Nobody knows, but one thing is clear that the market is manipulated by large players. but I think it will end soon Nothing will end since we do all know even on forex or stock trading field manipulators or whales would always exist. It wont end as long the market is still running and still profitable.We do see they are really capable on manipulating things as long they can able to make money then most likely they wont really leave this thing behind.I do somehow consider them as greedy ones which we cant really changed at all.Its better to go with the flow on how whales move rather than on resisting. |
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well they say " it's not important when you get in but it is important to know when to get out of the market"
i think it's true and know when to go out is very important and your gain or your loss depends on that.
That applies to longer term holding, and not so much to trading, which is more of a short term practice. In trading the entry points are as important as the exit points, because in a market as volatile as the one from Bitcoin, every few passing minutes may offer you an opportunity to quickly enter and exit with a profit. To add; in a rapidly changing market, you some times also have accept taking a small hit in order to adjust your positions to benefit from the changed market sentiment. If you keep sticking to your exit targets in case you don't take a hit, you'll be wasting precious time, and likely still be taking that hit later on. This is the difference with short and long term aspect when it comes to hitting up opportunities on entering and exiting such orders.When we do make hedging then seeing those opening would really be crucial and it cant really be predicted if you arent seeing the price actively.This is why active trading is really very crucial and very hard compared to long term holds because you should really have the capability on pointing out possible entries. |
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I started in crypto world 2 months ago. My first adventure was on investing on the known HYIP program, which is I reckoned to be just a scam. Meanwhile I taught to myself that I learned a very important lesson in there, not to be deceived by the big amount of offer. Later on, I started trading using my bitcoin to invest it in the exchange. I invested on a known altcoin, and I yield a big bonus, but that’s not the end. There was a time when the price of the altcoin I invested drops hard, and I was forced to panic sell it, and later when I sold all my coins, I paused for a second, knowing I made a bad move. This lesson taught me many things in this crypto world, and now, I’m planning to invest more with a bit of caution, I thank to my fellow friends in telegram that taught me the best strategy. And now in this latest month, hopefully I can recover all my losses for that kind of learning. This was my first experience in crypto world, what’s yours.
I admit that i have the same experiences of yours which im really quiet sure that most of us here on crypto world when we are still a newbie have experienced or passed up this kind of scenarios.As a newbie or dure to lack of knowledge we are really very greedy at first on where we are only minding up on how to make easy money and thinking off on getting rich very quick in a short period of time which we know in the end that this is just an impossible thing to achieve.Mistakes are good teachers and we should really make learnings from it and proceed to our journey here on crypto. |
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Hello my friends, I am a newcomer to the Trade and I have been Holding the potential coin. I realized one thing I could increase the amount of coin hold by trading them, for example I hold 100ADA then I sell for 0.6$ buy back at 0.56$. I have increased the number of coin. Be sure to buy the right one if you do not reach the target, and the last target is the one you want to target. That's the experience I've been drawn to, how do you feel? Can you trade more effectively? P.s: I have a post for some of my new friends to refer to: https://bitcointalk.org/index.php?topic=2777983.0 , you have some advice for them, let me know by commenting on that, and this post is about the best way to trade. This is only for those who are extremely awake, for Newbie like me and you, the loss of account is possible: ((( Exactly you gentle, you do not wake, you die. I have a friend, who told me this way, is an expert, due to too greedy account has been split two. So this approach must be very careful. Sometimes doing this kind of trading is also not profitable at all. Why? Because you have to timing the price to buy at dips and sell when you are already earning. Market is very unpredictable that you wil buy back at at a certain price, the question is the coin will rise instantly. Definitely, not because some potential coins will have time to grow in the market. This is why we can really differentiate between an active day trader to a long term trader when it comes to profit making. Long term holds might be less riskier since you would only need just to wait for the price to shoot up compared on day active trades where its more way riskier but would really be more worth to make money if you did it right. Holding is considered a trade yet you bought a coin and sell it off later. |
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I correctly understand that the site analyzes the price of the token in $ and calculates the commission for withdrawal of funds. How quickly he updates his data, the price changes very quickly, which means that the commission in $ is constantly changing
I would like to know such thing which if these data do update regularly when theres such changes when it comes to fees on withdrawal times?If it does then this website is really very helpful among traders which we do have the constant update in regards to deduction on making such transactions.Deserve a merit for this thing. |
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this is a difficult decision, if it happens to me personally, then I will look for other projects to reduce my losses, it is not mundah, need a strong mentality and smart personality, we may not continue to wait for uncertainty, then we must rise again and start from scratch. All will never know if we never try.
In difficult situation like a loss and uncomfortable stage in investment i keep calm and patience this is the only way to get back from that situation at that point our decision is very important we need to take the right decision this will helps you in your future. Keeping yourself calm into these kind of situations is always been a good thing to do because this would really ease or avoid the possible things that you might done if you do decide to proceed further more.Dealing loss of money wont really be an easy thing but we should really expect these kind of scenarios since we do all know that we are here to invest and making money and we do know that there would be always a risk.We should know how to handle these times. |
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They don´t need to double-check data with your local authorities, of course.. it´s all about compliance.. any serious ico should delete files inmidiatelly after review. None of them delete any info, some of them even sell or use these info. There are too many fake ICO's, some have only this purpose, to collect ID data and use/sell for various reasons. No matter what would be the reason.Its still dangerous to give out our personal informations to other people/company/organizations since we dont have the full control of their minds and might end up on those informations to be sold out into illegal market which would really make our identity compromised already and thats why when i find out about KYC rules on an ICO then i easily pass out. |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
I agree not to look out to bitcoin price in every 5 minutes because the time will be long for us to wait for the increase of bitcoin price. It really make us feel weak in monitoring for the price going up and down. We don't have nothing to do but to pray for it for the quick response to increase the price beggining this month. This is my only hope to be an instant millionaire for waiting time to pass by. Bitcoin is the only hope to meet my millions. Im not against on praying but this is totally irrelevant into this very volatile market.Since in the beginning when we do make investment we do know the risk on how the market moves if you do buy bitcoin for the sake of long term then seeing prices every now and then isnt really necessary since it would really give you a negative emotion when you do see declining of prices. |
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