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Showing 20 of 24 results by Waltmart
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Board Trading Discussion
Re: What advice will you give to a beginner trader?
by
Waltmart
on 20/02/2021, 10:51:35 UTC
Trading is a good way to make money but it is so risky for new traders. I will suggest new traders to trade on demo account. More market analysis is needed for being a good trader.
If you can time the market right, trading crypto can give you much higher returns than traditional investments.
That's why knowing and considering what's the best cryptocurrencies over the market is sometimes a must. Furthermore, that is where we can see BTC, ETH, XRP and LTC. Actually a lot more. Also choosing the right and safe exchange should be learned.
For traders who are simply beginning, the cryptocurrency market can some of the time feel like a wild rollercoaster ride. So better to have an open eye and an open mind always.   
I just recollected this colloquialism; “don’t put all your eggs in one basket,”  it may be old, yet it's a recommendation that actually remains constant when investing in cryptocurrency. Furthermore, simply a say, Instead of using only one single exchange, it very well might be smarter to use a few distinct exchanges to deal with your trades. Indeed, even the biggest ones have experienced hacks, so it pays to spread your possessions across various accounts.
However if you would prefer not to and you think it is more complicated for you, you can go for one. For instance, kucoin. I actually do my trading for BTC and ETH over there for about years. And I'm still good.
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Topic
Board Trading Discussion
Re: Newbie should trade or not? Please give me idea.
by
Waltmart
on 14/02/2021, 03:35:24 UTC
I guess we all went through being newbies. Often in the beginning we even thought it would be the worst until the end because we are just new.
At first you need to gain information of what is really trading all about.. like... find out each of its contents and how in the end you will not make a mistake that you will regret a lot
Trading is a central economic concept that includes buying and selling assets. Frequently in trading, dealers attempt to exploit market volatility.
To start, of course, you need capital to trade with. If you don’t have savings and start trading with money you can’t lose, it can have a seriously detrimental impact on your life. 
Trading isn’t an easy feat - an overwhelming majority of beginner traders lose money. You’ll need to expect that the money you put aside for trading can vanish quickly, and you may never recover your losses. So you should start with the amount you can really risk.
Especially if you have an exchange that you have already chosen.. For example, in kucoin .. you can trade various coins like BTC, ETH and XRP and many more.   
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Board Off-topic
Re: How do you handle stress?
by
Waltmart
on 01/02/2021, 04:22:26 UTC
I just go through the motions of listening to music, trying to think positive things, not doing too many things that can harm my innerbrain. I am praying. I think that is the most effective way to lighten your heart.. To pray. Talk to the Lord not just yourself.
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Board Altcoin Discussion
Re: Japan Support XRP
by
Waltmart
on 01/02/2021, 04:18:43 UTC
Actually, both XRP and ADA will skyrocket in 24hrs, better to get in both  Wink
Good time to consider the day for XRP. Many eyes are monitored. So maybe this is also an opportunity. Besides, I have and I am currently holding it. I do also trade it to kucoin using their pair  of XRP-BTC
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Board Off-topic
Re: My cat is now a new mom!
by
Waltmart
on 31/01/2021, 04:06:53 UTC
I’m so happy right now because my beautiful cat Mimi is finally a mom! Now she has 4 babies, but I don’t know if there are still other ones that would come out. Right now, she is breastfeeding her newly-born kitties! Proud owner here!

https://i.imgur.com/Fl9nqnV.jpg
Congrats kitty! I hope our cat is like this soon. It's really quite a long time and she needs to find a mate anytime soon.
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Board Trading Discussion
Re: Considering BTC Pair
by
Waltmart
on 31/01/2021, 03:59:53 UTC
Bitcoin is perhaps the most advantageous trading markets and among the most rewarding marketplaces.
The lone issue with using BTC is that the fees can be high. But if you're really into and if you want the most versatile base currency, then this is really the best bet.
Just like what I did. I'm currently having the BTC-USDT pair in a particular exchange, which is Kucoin.
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Board Bitcoin Discussion
Re: How One Can obtain bitcoins?
by
Waltmart
on 30/01/2021, 01:43:22 UTC
Bitcoins can be gotten from multiple points of view, every one of which is totally not the same as each other. However, exchanges are by a wide margin the most well-known approach to get bitcoin. Exchanges are platforms that permit users to buy cryptocurrency for an alternate mechanism of exchange,  usually fiat currency.
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Topic
Board Trading Discussion
Re: Bitcoin vs eth
by
Waltmart
on 30/01/2021, 01:25:55 UTC
Ethereum vs Bitcoin is a confrontation that everybody in the crypto industry and greater community area observes intently.

Since these two crypto assets are tremendously different, it is hard to say precisely which is the best investment.

As a matter of fact, you can exchange 'em both at kucoin: BTC, ETH

Bitcoin is currently 20 times the price per ETH; nonetheless, this wasn't generally the situation and was nearer to only 10 times.
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Topic
Board Economics
Re: Is it possible to live without banks?
by
Waltmart
on 29/01/2021, 01:20:51 UTC
Maybe in the future, this could happen since we are already living with technology and more countries are also open to crypto.
But when the time comes for this, we need to be open eye, because, together with the change of seasons, deceptions also increase.
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Board Economics
Re: Covid 19 protecting value of money
by
Waltmart
on 29/01/2021, 01:10:41 UTC
Let us face the fact that covid-19 has caused great hardship in various countries. Maybe for the rich, they just don't mind but for the poor how are they?
This pandemic has a huge impact when it comes to the flow and value of money. You must be wise because if you don't, you will end to be miserable.
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Board Economics
Re: In 2021 to 2022 you decide your life and wealth
by
Waltmart
on 29/01/2021, 01:01:37 UTC
In 2021 and in 2022, my perspective on life and wealth will not change. Because for me as long as my daily routine is good enough for me that's a yes. Just be diligent and persevering. You do not have to choose between the two and choose to be more richer. What matters is where you really will be comfortable and happy.
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Board Trading Discussion
Re: What is the best crypto exchange?
by
Waltmart
on 29/01/2021, 00:43:56 UTC
There is no one size fits all for exchanges. Every user has unique needs when buying and trading cryptocurrency.

Much the same as me.

I'm into KuCoin after I discovered that it has so various trading pairs available which you can truly go up with.

Just to give you some, they have BTC-USDT, XRP-BTC, LTC-BTC, BCH-BTC.

Likewise, they offer low fees. They furnish users with safe and reasonable cryptocurrency exchange transactions and services.

Obviously, you actually have the decision on your own. You can in any case pick another exchange, this just a part of giving my thoughts.

Just remember the saying that don't confide too much in them, and consistently make sure to be cautious and trade at your own risk. Also, as much as possible, keep the base amount conceivable.  Wink

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Topic
Board Trading Discussion
Re: Can I get rich by trading
by
Waltmart
on 28/01/2021, 03:52:09 UTC
I have a friend who makes pretty good money by trading, so i think everyone can become rich by trading but tbh I’m a hodler.  i trade up for profit then hold. i usually trade btc-usdt FYI

Comparing Okex BTC-USDT with Kucoin BTC-USD, it can be found that the 24 vol of the two are close. The trade count(24H) is 31,053.5 USDT and 31,561 as of this writing.
I am on agree with KuCoin in terms of trading. I also tried others but I took longer in this exchange. And now apart from BTC-USDT I am also starting to trade XRP-BTC https://trade.kucoin.com/XRP-BTC
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Board Off-topic
Re: How to avoid depression?
by
Waltmart
on 28/01/2021, 02:55:32 UTC
Depressive disorders erode quality of life, productivity in the workplace, and fulfillment of social and familial roles.
To reduce the effect of depression on productivity losses, including premature retirement, prevention programs suitable for the work environment need development. The use of new media, such as e-mental health and smartphone technologies, and the use of lay health counselors may boost dissemination, especially in low- and middle-income countries.
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Board Altcoin Discussion
Re: What are you guys trading today?
by
Waltmart
on 25/01/2021, 02:26:25 UTC
Bitcoin (BTC) continues to be stagnant at $32k giving time for some alts to recover at a certain level where they can compete like Polkadot (DOT) and Chainlink (LINK). Ethereum (ETH) still on its streak of going up maybe going after an all new ATH. But the real competition starts with top 4 to 10 giving them more chance to gain resistance at this stagnant market. What are you guys trading today?  Huh
Some experts believed that this was a sign of the cryptocurrency maturing.
We also do know that Bitcoin has a reputation for being a highly volatile and speculative asset.
In fact, I am really into BTC, though many alternative digital currencies, in turn, have offered a more realistic value proposition, and comparably more pronounced volatility.
Until I thought of starting with ETH which currently I am trading in kucoin. Using their trading pair ETH-BTC.
Here is the reference if you want to see https://trade.kucoin.com/ETH-BTC
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Board Bitcoin Discussion
Re: Dont stay in crypto too long
by
Waltmart
on 25/01/2021, 01:28:19 UTC
Bitcoin is for everyone and isn't peculiar to any social class; it can be different things to different people. A lot view it as an investment and speculate on the price, some use it for transaction and some as a store of value or a combination of any of the three.

There are also ways to remain pseudo anonymous even if the network is transparent. If you really want to discuss about Bitcoin you should make the effort to read the basics and understand how it works.
And besides it is usually up to the person whether they depend on using bitcoin or not
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Board Altcoin Discussion
Re: Do you trust USDT?
by
Waltmart
on 25/01/2021, 01:18:20 UTC
USDT becomes most preferred stable crypto among traders and it also maintain its ratio value with actual USD more stable than other stable cryptos.

But everything is under control of someone has risk of turning into scam!
And regardless of all of that, it’s been used as a medium between cryptocurrency and legit currency transactions, featuring quick and instant progress.
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Board Bitcoin Discussion
Re: Do not be too happy
by
Waltmart
on 25/01/2021, 01:03:00 UTC
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
On the contrary, who are stopping these big companies from entering the field? This is open market and we can't really control who or what entity are going to buy. Besides, ordinary people can invest or used bitcoin as form of money.

In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink
Again, I find your argument flaw in the beginning. From Africa to Asia, anyone can invest, so it is still distributed all over. It's not just US big companies are entering, there are also wealthy people from Mexico to Asia, so there's nothing wrong with the current market situations. And it's good the bitcoin has evolved has well.
I agree with that, especially now that in this generation, people are more prone to using digital and virtual things, even when it comes to payment.
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Board Bitcoin Discussion
Re: Why You Should Not Buy Bitcoin with PayPal
by
Waltmart
on 25/01/2021, 00:42:45 UTC
PayPal’s cryptocurrency integration is an embarrassing attempt to deceive non-crypto people

Don't know why not many talk about this, but PayPal will not allow.

- No deposits or withdraws of cryptocurrency.
- No paying with cryptocurrency or sending cryptocurrency to other users.
- You will not have access to your private keys.

https://temporaryerror.com/why-you-should-not-buy-bitcoin-with-paypal/
and even Paypal controls the private keys associated with any cryptocurrency you buy through Paypal. What that means is you have only illusory control of your cryptocurrency, not actual control
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Board Altcoin Discussion
Re: What are the factors you consider when trading alts on every crypto exchange?
by
Waltmart
on 22/01/2021, 14:55:42 UTC
There are loads of cryptocurrency exchanges right now in the market which makes it hard to choose specially for newbies but ofcourse there are things you need to consider on choosing them..
First is the security, you need to make sure that your funds are secured when its on an exchange.
Second is the service, You trade and use their exchange 24/7 so the service should also be 24/7 incase some problem occurs and the exchange who always have giveaways/events and low fees .
The third one for me is the liquidity, the higher and bigger liquidity is,the better for you.. Since it will give you Better and Fair Prices, Market Stability, Quick Transaction Time and ofcourse a better TA which is important in terms of swing tradings.


Top tier exchanges are obviously still the best choice right? I mean, the trust is already there and a big community that can help you in case you get lost (for newbies) I was a literal noob when I invested on xrp last year and I was learning to trade. I got an advice to just get into top tier exchanges if I don't want to waste any of my time, so I decided to just start my trade with kucoin's xrp pair (for reference: https://trade.kucoin.com/XRP-BTC).

Top tier exchanges already got a decent number of volume in the market and I have tons of reasons to keep using 'em as well, I care mostly on how an exchange communicate with its community - It would be ideal if they have a 24/7 support to answer all my queries then the security comes second.

You mentioned kucoin I can see, gotta concur with that.

Been doing my trades there for at some point now though it's not much, mainly due to the reasonable number of volume contrasted with others.

And in case you're curious, I have also been engaging with the pair BTC-USDT: https://trade.kucoin.com/BTC-USDT, not for long at least.

Essentially, there are exchanges out there that can offer support day in and day out like kucoin right? and when you trade there you somehow get pulled into using their other services, knowing that support is always available to answer your questions.