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Shy Malik

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About Shy Malik

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  1. The exchanges use the KYC procedure to avoid false identity but sometimes it is difficult to fulfill the procedure of KYC because of so many requirements. If all the exchanges provide simple KYC then it is good to go. But they asked for many things and doesn't approve at first attempt. It is not good to hear.
  2. In order to achieve the good results try to analyse the market of cryptoworld and understand the basic concepts like when to invest and when to trade the coins in the market. In this way, you will be able to earn a money without losing.
  3. You need to look over the coins and its trading in crypto market. Try to buy the coins when the price is low in the market and sell it when it goes up. It is good way to earn profit. If you see that price is not going up keep patience level because crytoworld is all about patience.
  4. Yes the [rice of bitcoin will rise in coming year as we can see the trends of bitcoin in previous year. After sometime a big rise up take place which no one knows how much takes to stay. It is better to invest in bitcoin now a days for getting good payback.
  5. Best way to purchase coins when their price is low in the market and sell it when it is high...But if you face a problem like price is not going up, or it may be down in coming days so better to sell it in the purchased price.
  6. It can be bit risky to buy low volume coins at a time...but crypto-currency is all about risk and profit involved in it...Sometimes we don't know how much these low volume coins can offer at a large level when their prices become high enough to give you reasonable amount of profit..So should do some research and better to buy the coins for getting good return.
  7. Fake exchanges used to display fake volumes on their sites to attract customers. Most of the listed coins on CoinMarketCap seems to have attractive trade but low volume in reality.
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