It looks amazing to me the competition is going to be an opportunity for the traders for making some easy profits. Who loves trading they need to join this competition seriously personally I am interested in this trading competition to join in. This platform going to make a new era of trading.

Hi.

I have been part of this community for a while now. And i never got the chance to make any investments as i was short on money. But recently i got a little money and i wanted to invest but looking at the market as it is going down and down again, i have decided to learn from you guys and take into account the advice of you people.

What should i do.

Invest in right now,
Should wait,
or Should i just put my money in some other industry like Real estate ?

Need your opinion guys. What would you had done in a similar situation at this point of time ?

Poloniex and bittrex is the most stablished exchanges so fay,but there’s  alot of exchangers now whos making their own names in terms of this field so many traders and investors will have better option in choosing one fto favor their tastes,and besides many local exchange gives their countrymen good business now,as the crypto world continues to grow then these service provider will increase their counts also

I really doubt that if we see bull run within such a short time span or not. It is true that some activities are taking place in a crypto sphere which might affect the price but considering the global scenario I don't see any concrete event that can affect the price on the international level. I am expecting momentum from next month considering the involvement of big whales and institutional investors (who are busy in capitalising the current bear market).

One of the main reasons governments around the world are cautious and suspicious about crypto is due to the prevelance of bad actors in the eco system.  But the floodgate has opened. Whether they like it or not, government cannot stop crypto even if they try.

The next best option is to tame this beast by introducing regulations to ensure bad actors do not enrich themselves at the expense of less inform members of the public.

What does license allow  Covesting to do that others exchanges are not able to?

The answer to this question may not be obvious now, given the most successful crypto exchanges operate under clouds of anonymity in jurisdiction known as tax havens with lax regulatory discipline.

I have been following Covesting since it’s ICO.  I expect the following to occur in the coming months if not sooner:

- Regulatory authorities around the world will require exchanges handling investment from public to be subjected to control and compliance similar to traditional investment products.
- Strict KYC and AML surveillance must be in placed
- Convergence of crypto investment into mainstream financial markets and entrance of large institutional players into the crypto space

When these 3 things happen, licensed platforms such as Covesting will leapfrog ahead the top players in the market if they remain “free” and not subjected to powers of law and accountability to the investing public.

I can’t see professional fund managers choosing to do business with unlicensed exchanges when licensed one such as Covesting ready to do business with them.