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10% is too big for daily trading. To achieve this much percent profit, you must be very good in trading, knowing when and how the market goes. Skills and experience are must. A series of 1% gains is a possibility within 24 hours, but requires great skills.
The aim of 10% daily earning is not a problem if you have a world of knowledge, skills and experience. Actually we cant say anything previously in crypto trading field because its notoriously volatile, even you are a smart trader, it does not mean that you can get stable income daily, but a good effort can help you minimize the risk. I aprreciate your plan, probably its such a good strategy in order that you can have motivation to move forward and find the way to reach a large fruits in this field. In a nutshell, skills and experiene play an important key for you to seize your goal.
The future of crypto market is getting brighter and brighter as people are getting know of its existence. Besides it is now a new era that everyone is chasing for new and high tech, thus the blockchain special feature is one of the best thing that can be use in many different field. So the crypto money will also increase because people only can trade using crpyto coin and not fiat.
In reality, many people from various parts of the world dont know much about cryptocurrency, some people are quite skeptical with digital currency because they are attracted by negative news or scam. Obviously the number of people knows crypto is obtain less than the ones dont. Advanced technology, however, is becoming more and more necessarily developed in our society these days. Most of people are prone to online payment, because it kind of convenient and fast as well. They are aware of crypto era gradually . I therefore believe that crypto money will be paved a bright future.
certainly, I will choose the project that profitable. projects with the big supply of tokens and also have high prices after listing on the market. it will be very profitable. but to choose a good project we have to really choose it well. and I realize that it's not an easy thing. therefore, knowledge and experience are needed in order that we can get the legit ico to be followed.
I kind of agree with you guy. Honestly, not only you and me but also most of people in this market both choose the projects which have a great supply of tokens and have a large number of people keeping an eyes on it. Always, its not easy for us to find a good project anymore. Yep, if you have a wealth of experience and skills as well as knowledge you can find a good project easily. However, nothing is sure with any project, most of projects cover a big risk. So we get a big challenge to find out a good project.Every struggles is a test in life, you should learned your lesson from your mistakes.
I am happy to read at the end of the post that you are free.
there is no happiness in life if you are not free.
Thats right. The most important lesson is when you can learn from your mistakes guy. Truly, each experience shows us a clearly fundamental way to start again with a better plan as well as strategy. I bet that some people has passed through the moment like the way you did,so what is the source of all this? Probably I think the major reason is lack of knowledge, experience and skill. Cryptocurrency, however, provides us many chances to get many benefits if we have interest in it. Anyway, let try to invest intelligently in order that you can earn more.I am happy to read at the end of the post that you are free.
there is no happiness in life if you are not free.
You can avoid your fear in trading by investing very small amount or the amount which is completely affordable for you to lose,then just do trading just like the gambling if you don't have any knowledge but you will learn from your mistakes once you started but long term trading is good to start initially for the beginners.
I suppose you to manage your time for learning first. I dont think that you can learn from your mistake easily without knowledge. Because to do investing or trading on coins, you definitely obtain the knowledge in order to understand about it. Especially when you unfortunately get loss, you have to understand what led you to that mistake, and then you can learn from it. Almost people come to this market, both have fear of loss in trading, but anyway you have to control your fear. To get away from fear, you need to be more confident, you need time to build experience and skills gradually. In a nutshell, let determine your fear and try to conquer it. The ban on the use of cryptocurrency or bitcoin by a country is one of the causes of the fall of bitcoin, besides that of course the political, economic, and other problems that occur in the world can also affect the fall of bitcoin.
Volatility is the major characteristic of bitcoin or cryptpcurrency. Nevertheless, with highly volatile, bitcoin will definitely have an increase soon. Next, with some people especially with those who do not understand much about the market, have panic selling. Beginner is such a case in point. As we all know that crypto market covers a terribly risky. You will never know for sure what is the main reason leading to fall. Anyway, wed better to keep thinking positively while the market has a sign of decrease, it will soon recover. I started my cryptocurrency journey around July 2017. I bought some altcoins; verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
For me everyday is a lucky day together with my favorite hobby which is always make a message for my task in signature campaign and always monitoring the price if ever there is a good changes of course I want high price to join again in investment with my wallet provider which is my currency to BTC thats my daily routine. I don't experienced a "BITTER" because all aspects in terms of daily task are really carry I'm not being greedy so I just handle it all the time.
If I am not wrong, from the October 2017 to now, we haven't seen Ethereum at 358 USD! We have seen Ethereum at 500, 600, 700 USD for several times, and Ethereum went to the 376 USD! But this time, Ethereum broke every down record for this year. So, I think this is the best time to grab plenty of ETH coins before the market rise again! What do you think guys? Share your thoughts.
I think that now is really a good time to buy a lot of ETH coins. Ethereum is a very popular and productive platform that works successfully. I think in the future ETH will grow to a mark of $ 2,000.What coins do you suggest for long-term holding? Bitcoin and Ethereum excluded.
I suggest you buy and hold NEO and Monero. These are very promising altcoin. NEO is called the Asian dragon, it was born in China, NEO has the technology and direction is quite similar to Ethereum. I believe in the future NEO will grow and compete with Ethereum. Monero offers privacy, every transaction with Monero is completely anonymous. No third party can find the Monero user information.As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?
It will but they need to have good cooler or cooler on phone because it can drain your battery and also cause by overheating. Cellphone has a little components and products and easy to crack or burn when you do mining because mining need a lot of time so it is not good for phone. It can happen in about 5 years or many more because it is hard to get a bigger and stronger phone on this year.
Re: Let's suppose that Bitcoin became universal (used everywhere you go)
It will be great for us, we can easily buy everything and we can used btc in any countries, but it won't be too good for the country, the government need to arrange well so there is no tax evasion, and it also need to be controlled so crypto usage cant caused another inflation to the country, the best way to settle this one is to set up regulations
Probably if so, it will bring us a big benefit with using bitcoin for payment. We can use for paying goods, services or that sort of thing. Generally, when bitcoin is accepted in most parts of the world, it will help people solve many fanancial problems. However, when bitcoin is supported worldwidely for payment that we will have to pay tax like fiat currency. Its much more possible, because we all know that most of governments try to prevent people from using bitcoin, they will never let bitcoin be used easily or without tax.I'm just curious when can I start buying my dream cars with altcoins, I mean can huge automobile companies like Toyota, Ford and Nissan start accepting cryptocurrency as means of exchange
In my point of view, If toyota, honda, ford or nissan or any car dealers will accept bitcoin or altcoin as a payment it means that its a great opportunity to us. Because bitcoin and altcoin has making its name in the business as a payment mode. I hope it will come true but not only in cars but also in many business stores would accept bitcoin and altcoin as a payment. As far as I know there are some country that already accepting bitcoin as a payment in their goods but I do not know if there are countries also accept altcoin as a mode of payment.
Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
You can see that bitocin prices are recovering very strongly in the past few days and this is a very good time for you to trade bitcoin. Increasing bitcoin has led to altcoin growth and there are now a lot of powerful altcoin pumps. Increasing market capitalization suggests investors are beginning to be more interested in bitcoin. This is a good news for the uptake. back of bitcoin.Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
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Do you have a look at all the altcoins? Maybe this is the first time you got into altcoins. There are many altcoins such as ethereum, ripple, litecoin,dash, nem
I honestly think that each of them both has a significant potential which is completely useful for you to invest. I support you to keep an eye on ethereum because its a big hit now and so many others are investing in ethereum. To invest efficiently, youd better to prepare a intimate knowledge which is considerably essential. What more, you should invest with small amount of money foremost, and then when you are familiar with investing and have some skill or experience, youd better to expend.
Well, to speak frankly, there are so many altcoins such as: ethereum, ripple, litecoin, dash, nem,..and so on. I wonder how long you will get marry and how long you will hold coins. Because as you know crypto market require a little bit more risks, especially when you hold for so long time. I offer you to hold ethereum and litecoin. I suppose you somehow should hold more than one coin, if you just hold one, its considerbly dangerous, probably you may get nothing for marrying from crypto guy. Ethereum is having a big potential till now, I profoundly support you to hold it. Besides, youd better to diversify coins, litecoin or dash is also a case point. Anyway, how long you can hold for earning with a significant benefit, it really depends much on your skill, experience,knowledge, and patience and a little luck.
In my opinion you can try both and see for yourself if what site is working perfectly for you, Because A lot had their own opinion regarding what is better and in my opinion I really think there are things that steemit have that medium have not and the other way around so why not go and explore both of them just to be updated in the world of Cryptocurrency.
Although I know that trying both of these are quite time-consuming, I completely support your idea that hed better try both. You yourself should take a use to identify whether may be suitable with you. Indeed, every one has their own opinion, so do you. Probably you have your own choice that you feel like posting or really believe in it. I used to try both of them and I have convinced myself that I prefer medium to steemit . because I realize that I find medium more interesting and suitable with me than another.Thus i choose medium. I offer you to try both of them foremost.We can't really deny the fact that ETH is far ahead of bitcoin in terms of applicability. That is the reason why almost 90% of the ICOs are using ETH to release their smart contracts and to raise funds for their business. We have other coins as well with the similar capability but ETH took the first spot in that. However, according to the market cap, bitcoin holds the first spot since inception. So it is hard say anything at this point. Bitcoin is not going down anytime soon, so an wise investor will hold both of these coins to get the benefits.
But Chinese government is not at all friendly to the crypto currency. So the ranking released by them may have some impact within the local market, but not internationally. Bitcoin continues to rule!
Yes, you are right guy. Never do I think that Chinese government support cyptocurrency and I think that everyone knows it. Although, as things stands, bitcoin maybe rank below ethereum, but its just temporary and do you think that its too early to conclude this. We all know that crypto market brings a big volatile, everything will change fast and currently. I believe in bitcoin that its the best ever. As a rule, bitcoin wil have a rise on it rank again.But Chinese government is not at all friendly to the crypto currency. So the ranking released by them may have some impact within the local market, but not internationally. Bitcoin continues to rule!
It's a good thing that more and more altcoin is trying to go beyond bitcoin, because technically they've already exceeded bitcoin.
But the BTC is still the encryption money market leader, it will not be replaced by any tokens, this is the same truth, if have tokens, replaced the BTC, so the encryption will collapse in the currency markets.
But the BTC is still the encryption money market leader, it will not be replaced by any tokens, this is the same truth, if have tokens, replaced the BTC, so the encryption will collapse in the currency markets.
Bitcoin doesn't exceed it's maximum yet, Yes it got higher price and sure the most expensive of them all because it is the first Cryptocurrency ever made and I really think that it can still goes beyond that last All Time High, And I agree that any Atcoins or token can not replace Bitcoin if it does the market will sure collapse, I can not see any Coins can replace bitcoin just like in the fiat currency where dollar reign supreme.
Volatility isnt a issue when it comes to bitcoin/crypto investors because there are many other types of volatile investments too. People take issue with volatility because bitcoin is mean to be used as a currency and if its value keeps changing then merchants cant rely on it as an accepted payment method.
Volatility in connection with Bitcoin can be viewed negatively or positively depending on the person or the type of person we are talking with. I am sure that traders are quite happy with Bitcoin's volatility because it can be an opportunity to earn more money but can be viewed in apposite by a newbie investor that can be rattled fast with the movement of Bitcoin value in the marketplace. Many merchants are also worried about volatility though there are now many ways they can protect their Bitcoin. Less volatility is not actually a guarantee that Bitcoin can be reaching the very mainstream population so the bottom line is that we just have to leave it to the market on what it will decide on this matter.