That's the reason why the government won't allow a decentralized cryptocurrency to take over fiat because they wouldn't be able to control it. Unlike what is happening with fiat wherein they can control and trace the people behind the transactions, in cryptocurrency, only the addresses are easily traceable but not the people behind it. Government would think ways to still control it like creating their own cryptocurrency perhaps.

Well, losing is part of trading because you would not be able to learn if you just keep on winning. You will be too confident is that would happen and then with just one trade when you least expect it, you would lose everything that you have earned. This would happen if you don't have a proper trading plan and just go with the flow with no idea what will you be doing if the price would go up or down in the future.

Yeah, your suggestion is good and I think one of the keys to be a profitable day trader is to always practice. Once you do it often, your emotion would be controlled so that you would not trade base on emotions which is the number one problem of the traders why they cannot trade properly. Getting emotional while trading has a bigger risk of incurring a loss because when you are at a profit, you would become greedy and when you are at a loss, you would become hopeful.

Yes, sure blockchain technology can exist without cryptocurrency but the opposite can't be because blockchain technology is the backbone of cryptocurrency. A lot can be done by using blockchain technology and this is what the companies are studying now as to how they would be able to integrate blockchain technology into their system so that their transactions would be smooth as possible and less costly.

Well, it is up to the team as to how they would treat the bounty participants because if they would just do what they promise then the bounty participants would do their job in promoting the project and then if they would decide to not pay them then it would just reflect that they may just be a scam team and their intention is really to just get money from people and then run away thereafter. Bounty participants are influential because they are the key so that the information about the ICO can reach as many people as they can.

Many people lose because they let their emotions do the trading instead of having a rational mind when doing it. Starting is the most difficult part for me because you would be excited and then disappointed afterwards because you are greedy so you don't want to sell even if you already have a big profit and then see it slowly go down until such time you are already at a loss and again hope for it to go up only to be disappointed when it continues to go down and being a newbie, you would be thinking if trading is really for you.

Those who learned from their mistakes come back up with a strategy but still a number of people who attempt to be trader just sold their position and then left the crypto world and I would assume that many are doing it now seeing the price continuously go down.

Those who can influence the price started it and then panic selling strike that's why the price is what it is now. Many people didn't expect that it would go below $5k that's why a lot got liquidated and then now, it seems that the price is bouncing back so if you are still brave enough to have a position then do it and always exercise risk management because a lot of people nowadays do regret not placing a stop loss.

Failing or losing is part of learning and in that way, you would grow if you would just learn from what you did and think of ways on how you can improve it. All of us are newbies and then those who persevere eventually succeed because they don't easily give up and would continue to strive hard. Every time they would fail, they would come back stronger. You learn by watching videos, by reading or if you are really serious in doing this professionally in the future then it would be better to have a mentor because your learning curve would be lessened.

Yes, it is more likely that you will have more losses than profits because the trading plan is there so that you can maximize your profits and minimize your losses. People have a tendency to be more greedy when they don't have a plan or just go with the flow and we know that cryptocurrency market is very volatile, one minute you're at a profit, the next minute you're at a loss that's why having a trading plan is important so that you can have risk management.

I believe that crypto would not be able to eliminate fiat but instead it would be used together with cryptocurrency because the whole world is not yet ready for the automation of digital currency. If this would be implemented then those places wherein the usage of digital currency is not possible would be left hanging and the only choice they still have is still to use fiat because its the only way they would be able to have a medium of exchange.

It is important that you check the team first who are doing the project because from there, you can assess if they have experience and they are capable of implementing the project. You should as well if the names match with the faces that were shown and if the team decides to be anonymous then it is already a red flag. Usually, I would prefer those team members that have a LinkedIn account because it would seem reliable than just showing their faces without any links.

A 10% profit is good enough for me to take profit or if there are times when the resistance level is lower than that then I would take it. I am done with waiting for the price to up some more because most of the time instead of going up, it would just go down and worse is that it would be lower than my buy price and then I would just cut loss. I learned my lesson not to be greedy and just follow what my trading plan is.

They have been blocking some accounts that are involved with cryptocurrency because as what I have observed, my follower and the accounts that I followed decrease so I would assume that they were blocked as well. Maybe the reason is that twitter may recognized that you are spamming so they just blocked you that's why if you are participating in twitter campaign, you should just choose few campaigns to promote and not 50 campaigns because instead of earning more, you would just totally lose all of it.

Fluctuations are always there that's why it is risky to invest in crypto market compared to other markets because it is fairly new and many are taking advantage of this fluctuation to profit because compared to stocks and forex that are stable, movements are big and if you know what you are doing then you will be profitable else, you will lose your capital as fast as well if you don't practice risk management.

If you compare it to previous year then we are not doing really that good this year because instead of the price creeping up, it is slowly going down causing disappointment and some though panic for the dumping of price. Instead of worrying though about the price, you can think of ways to still be able to earn in this kind of market by either trading for short term because there is still volatility. You can also short it but it is not recommended for those who are just starting to trade because there is a tendency that they would liquidate their account with just a blink.

Yes, that's right. As far as I know, one is deemed legal when there is no law declaring that it is illegal that's why using cryptocurrency in a country when there is no rule of banning it means that people are free to use cryptocurrency and spend it to whatever they wanted as long as what they are doing is allowed by law. When they spend it on something that is illegal like buying drugs or use it in criminal activities that would render it as illegal.

Taking a break is important to relieve our stress so that you can think clearly when trading. Having a cup of coffee and just looking around away from the computer would be perfect for me. Not thinking about the prices of the coin for sometime and being somewhere like the beach or mountain or just being with the nature is good enough for me to relax my mind and be re energize so that when I go back to trading, I will be rational and follow my trading plan.

If the price decreases, you have to know if the team is still active in developing the project or they just left it because if they are still doing what they can then there is a tendency that the price would eventually increase in the future. You would be a bag holder of that coin but if the price increases then you will have a much larger profit. You have to know the fundamentals of the coin so that you will know what to do next in the future. Your strategy is good if ever the coin will be doing good but it is disastrous if the price won't go up.

It is risky to invest in something in which you don't know anything about the team. If you think about it when dealing with businesses offline, you would have to know who are the person you are transacting with so that you will know who are accountable in case something happens with your investment. Having an anonymous team behind an ICO does not automatically mean that they are a scam but you have to think why they want to be anonymous if their attentions to have a business is legit.

It is case to case basis because there are times when you may buy tons of coins at a low price but think as well if there would be people who would be willing to buy that coin for you or else you will just be force to hold that coin forever or just sell it at a loss. You need to analyze the fundamental of the coin if is in demand or not and if the team is still existing or the project is already abandoned. You need to know why the coin has low volume so that you can assess if it is worth buying. Probably, your only hope when the project is dead is that it would be pump by a group.