Ethereum support for new coins to run smart contracts on its block-chain. I think it is the main benefit of Ethereum . mainly there are so many ERC-20 coins. these coins are based on Ethereum network. still so many ICOs are offering ERC-20 tokens.
That is by far the greatest characteristic of ethereum, it makes the creation of new coins way easier, but unfortunately this has not been the blessing that we were looking for, because most coins that are created above the ethereum platform are not really that good and the devs are only taking the shortest path to create their coins and be able to scam investors as fast as possible. And then in conclusion about the fact that there was a lot of projects are abusing the platform right now. So many scammers are using it right now to create a short-term coin that will be used by them to get fast bucks and then they will run away with that money. ABLE project has become an example of that. There are so many examples of scam coins being developed above the ethereum network that we could save time instead by trying to find the projects that are any good, however while I do not like that scammers are using ethereum in that way it was almost inevitable that it will happen, since developers looking to create a great project will probably not do it above the project of someone else. |
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the obstacles and weaknesses of fast trading are
- lags when pump prices. because fast traders always take small profits.
- stuck in high prices, because it follows the pump price.
- often does not focus on one coin. and make the mind become a sphere.
- get tired quickly because you always hunt for coins and are easy to emotion.
Many do not take into account how taxing can be to your body and your mind to try to become a day trader, humans are not very good at keeping track of stuff all the time so remaining alert every single second thinking an opportunity may appear in the market is going to tire you out very quickly, I knew some people that were good traders but they left trading because they were stressed out all the time. |
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I think some depends 100% on ico with nothing to contribute, i believe a developer needs to have at least 30% of fund needed before doing any ico, but most developer thinks wonder will happen .
To make matter worse, sometimes, even though the hard cap is mistakenly met, they will be giving excuses upon excuses .
They lack the potential to manage multi million dollar gigantic project .
They don't have have the potential and force needed to accelerate the project.
Even some of their white paper is poorly written and unprofessional.
Quite disheartening indeed
Because they are after the money, if they truly believed in the project they were developing they will not need any money at all, just look at satoshi he is one of the richest people alive and it is possible he could take the position as the richest person in the world and yet he did not asked for money, he just built bitcoin and mined coins to support the network. |
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Honestly that is just the truth, there are a lot of abuse on block chain technology by a lot of projects. Developers of many coins just come with the aim of making some money and abscond with it, with false or without any tangible developmental roadmap through block chain. In my opinion, I think Ethereum platform is most vulnerable to this.
I do not know if we can say that the ethereum network is being abused since it was created with the purpose of facilitating the creation of new coins in the market, and this can be used for good like many developers are doing but this can also be used for bad things like what scammers are doing, at the end it is your responsibility to check if a project is a scam or not. |
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This is the right time to accumulate some good altcoin at very low price. After few month bullish market will come. Then you can sell your coins at high price with profits.
The problem is to know exactly which coins to buy, something that it is already very difficult to do with thousands of coins in the market and with many appearing every day, so the best thing to do in my opinion is to do nothing, just wait until the market begins to give some signs of recovery before you begin to buy worthless coins that will not give you profits. |
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Hi I just got some extra money and I'm looking to invest, I want to invest in BTC but the price is too high for me, what do you think will be the next BTC
one you can buy low and make a good profit when it burst?
Do not do it, I know this may sound weird in a bitcoin forum where everyone recommends investing in bitcoin, but you do not really know what you are getting into and that is the fast way to lose your money, the market is volatile and you could lose 10% of your investment in a single day and not many people can deal with that kind of volatility and they will sell their coins and lose their money. |
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One of the key and most important featured of the bitcoin and cryptocurrency is its decentralized nature. Making it centralized with a single central bank or authority will defeat the purpose.. However, I think bitcoin and cryptocurrency exchanges can be centralized to provide more security for investors and help rid the growing level of scam. So i would like a full hybrid system.
We need decentralized exchanges and not centralized versions, how many times have we heard of an exchange getting hacked and most of the time it is suspected this was an internal job, so it is better that we have decentralized exchanges in which you are always in control of your coins and there is not risk of the exchange freezing your coins just because you are trading too much. |
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I am not afraid of falls and I treat them quite calmly. The main thing is to understand that in the long run everything will be fine. And now we have a good chance to fill up our portfolio.
It is very easy for many people to say that everything is going to be fine because even with the current prices they are still in profits but there are a lot of people that lost so much money that it is almost unbearable to keep holding their coins that is why they sell even if deep down they know this is a mistake, so only those that understood very clearly what they were getting into have any chance to hold their coins. |
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If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
Most people do not have the patience to hold their coins anymore, they think that they will be able to make money trading or by investing for the short term but anyone that has been here for the long term knows that is not the case so all of those people that choose to sell their coins for a bad price right now are probably going to regret doing it when the market begins to recover. Some of them might playing for a while after learning the market sway, but for sure most of investors who believes what crypto can bring to them are still holding patiently, knowing that in any moment the market will rise back again, we should analyze well before taking any decision, short with small gains or long with very decent earnings, but what important the most is we do play without any loses from our initial capital. HODL is one of the most applied strategies as it helps reduce the risk of huge losses of assets. Furthermore, I think it needs proper timing and planning when to HODL, trade or invest as we also need to be on the look out on the market condition before deciding what to do next. It's better to study the market and learn on how to play the game wisely and strategically inorder to survive and be productive in the world of cryptocurrency. One of the greatest advantages of holding your coins is that the issue of timing is not as critical as with some of the other strategies, the only thing you need to do is to keep holding your coins until the price recovers, this is what many people that bought near the all time high do not get, even if they bought at the worst possible time they could still get profits in a few years but they needed to hold their coins. |
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Probably the best thing to do right now is to keep your money in bitcoin or in fiat and wait for the market to begin to recover, I know this is not what you are probably want to do but it is the only way to keep your money since making money in this market is going to be almost impossible if you do not have a reliable way to select successful icos.
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The next halving is still almost two years away. Bitcoin prices should be many times higher than current prices by the time it happens.
We are not sure that is going to happen, I really think the price is going to be very similar to what we are seeing, it seems some people have the expectation we are going to see a recovery before that but it seems to me that unless the lightning network is able to generate the demand then nothing else can except for the halving of bitcoin that will come in 2020. |
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If you are currently working, then don't quit your job. Learn crypto trading on the side. Currently is the best time for crypto trading because of the prices are cheap. I believe that cryptocurrency trading is a good profession once countries accept it purpose and legalize the use of legitimate cryptocurrency. Goodluck to all traders out there.
There is no rush, sometimes I wonder what are some people thinking? Some act as if the markets are going to disappear if they do not trade immediately and that is simply not true, there are always opportunities to make money and the only way to find them is to know what you are doing, and this is not possible if you are rushing to become a trader. |
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we know that ICO is very scam and it's like mushrooms that grow in the rainy season and are very influential with crypto electability.
and my question is what do you think of the future of the ICO?
what is your opinion about this.
yes, a lot of project failed now,, just few of ICO succed but, i still believe if ICO will be exist and even growing what we must do ?, if you want to invest in ICO you should learn carefully and know everything about the project my friend The market of icos is never going to disappear, not only there is a lot of money in such a market for the developers, there is also a lot of money to be made for those that are skilled investors and the stories of people becoming very rich overnight are going to keep inspiring newbies to invest in those coins even if the chances they lose everything are close to 100%. |
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if you have courage then you can enter when a bear time position is like this time because the cryptocurrency price movements will be very difficult to predict and the conditions of the exchange place will certainly be vulnerable when such moments.
It surely bearish season will end up nearly, indeed we look some hikes on prices. But before that, you better buy more coins as this is the time that we can have them in low prices and make huge gains once market turn into bullish season. And in what kind of information you are basing your prediction that the bear season is going to end soon? You may think that I also do not have evidence the market is going to remain like this for long, but it is the most logical outcome, the price is not going to grow until there is a lot of hype behind bitcoin and I do not see anything close to the hype of the last year. |
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your main fear is losing your money. To avoid this kind of fear, you need to invest the amount that you do not mind losing.
Thats right, dont invest more than you cant afford to lose, this strategy is simple but works. not only because you are fear of losing then you are afraid to take certain steps and decisions. therefore adjust capital to your financial ability so that you are not afraid of the risks there and your calculations can be made carefully.. It is one of the most basic lessons about trading and yet people always get that lesson wrong, it seems they think they are above the most basic principles of trading not understanding that are precisely those principles the ones that are going to save you when you make a mistake, I say this because I have seeing it, I knew of a few people that lost almost all their money in a single trade and they refused to sell because the price was too low and they kept holding their coins until its value was zero. |
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I see that bitcoin is rasing and I am very happy about this because I have my investments in it) So I hope it's price will only grow in the future)
Hope for it. Growth for bitcoin is expected and as we go along the way, you need to stay on the line and think of your milestone. Don't overreact when the market starts to shake us. And most of the people that it shakes are those who have weak hands. It seems everyone is waiting for the same thing and when that happens the chances that happens become really low, I know this may seem odd but it is true since it is impossible to make money for everyone in this market, this means that for the next months and years the price is probably going to remain close to the current levels and the weak hands will sell their coins. |
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Ethereum support for new coins to run smart contracts on its block-chain. I think it is the main benefit of Ethereum . mainly there are so many ERC-20 coins. these coins are based on Ethereum network. still so many ICOs are offering ERC-20 tokens.
That is by far the greatest characteristic of ethereum, it makes the creation of new coins way easier, but unfortunately this has not been the blessing that we were looking for, because most coins that are created above the ethereum platform are not really that good and the devs are only taking the shortest path to create their coins and be able to scam investors as fast as possible. |
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ICO's are really big business these days.
"An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value.
Economic bubble" - Wikipedia
Intrinsic Value Definition | Investopedia
"Intrinsic value is the perceived or calculated value of a company, including tangible and intangible factors, using fundamental analysis. Also called the true value, the intrinsic value may or may not be the same as the current market value."
google: current market value of ICO's? <snip>
Exact definitions are not the point:
Do YOU consider ICO's/ETH a "BUBBLE"?
Discuss
Why or why not?
I consider most icos to be a bubble but I do not think ETH is one, ETH is by far one of the best coins in the market and it is a reality, you can see how much it has improved since it began and it is without a doubt a serious project, but most icos in the other hand are not like that, the only thing that makes their price to go up is the expectation that the price will grow and that by definition is a bubble. |
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If in trading apply fast trading strategy,
What obstacles are constraints
and weaknesses?
The biggest obstacle for those looking to trade in very short time frames are knowledge and experience, many try day trading without the necessary knowledge and the markets destroy them because of it, there are others that try it with the right tools and knowledge but not the experience, and in that kind of trading you need to take decisions in a matter of seconds or a winning trade becomes a losing trade and they lose as well. |
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Many beginners or newbies feels excited about the profits they possibly get from investing and trading cryptocurrencies. This excitement if they didn't able to contain will lead to joining the trade without basic knowledge in cryptocurrency investing. The result will be financially disaster for them because they had still no basic knowledge in trading. Every newbie should educate themselves first on the basic of crypto trading and they should also learn how the cryptochrrencies works to avoid or lessen their future mistakes.
It is interesting that you bring the feeling that newbies have when they trade or they invest, those that make a living out of this are very cool about what they do, if they lose a lot of money they do not mind because they know it is impossible to win every time, and when they win they also remain very collected and they know this is just natural and if they are any good those profits will keep happening. |
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