Onden

It is true Yobit really supports the development of cryptocurrency around the world, through the CryptoTalk campaign, yobit introduces cryptocurrency to anyone who wants to participate and create topics in forums. Apart from that, yobit also creates jobs for people who are interested in working on the forum.

Stellar is a type of crypto that focuses on transaction speed, Stellar's price fluctuation is not very high so I don't think investing in Stellar is very profitable. My advice, try to invest in ETH, because this coin has high price fluctuation when compared to Stellar. You can also invest in other decentralized coins, such as Bitcoin or Litecoin.

I think XRP and Bitcoin are very different, if XRP is a stablecoin and it is centralized it means that it can be controlled by its creator and has an unlimited stock. whereas decentralized bitcoin cannot control it, besides that bitcoin can only be mined and the amount is limited.

I think people who say Bitcoin is Delusional are people who have never benefited from bitcoin, if that person has ever benefited they would say Bitcoin is Brilliant. For us, bitcoin is not only brilliant but a promising job, when we can't get money in the real world, we can get it in the cryptocurrency world.

Indeed, both of these views have always been an ongoing debate in the crypto community or conversation. Because each of them has a different opinion. My view is that Bitcoin is scarce and will make bitcoin prices go up significantly and then become very valuable. Meanwhile, too many altcoins make only the already popular altcoins survive.

I think keeping the old address will only confuse us and make mistakes, not to mention that if the private key is lost we will not be able to access the wallet. Too many addresses, will make us confused. It is better not to keep old addresses, one bitcoin address is enough for us.

I chose bitcoin and gold as a store of value. When we need a store of value that is resistant to inflation and the global crisis, bitcoin is the answer as a store of value that we can use, its digital nature makes it easy for us to store it easily and safely because it uses a private key to open a wallet. While gold can also be used to store value because gold has been used as a store of value for thousands of years, it has a disadvantage that we cannot store much gold. I think both are good for storing value, bitcoin and gold have their respective drawbacks so we just need to make up for them.

I think bitcoin will not turn into a centralized coin, bitcoin will remain decentralized no one can manage even if countries join forces to change bitcoin to be centralized. If bitcoin is used on the black market, I think all currencies whether fiat or bitcoin can all be used on the black market and criminal.

Until recently, the cryptocurrency market was still influenced by bitcoin. Bitcoin is the only controller of the cryptocurrency market even though it is a stablecoin. Altcoin price is heavily influenced by bitcoin price, the emergence of new altcoins is not something that can affect bitcoin.

I see that the Litecoin price in November is moving quite well, but in December it has decreased a bit in the last few weeks, I am not sure if Litecoin can grow to $ 100 by the end of this December. But I will try to be optimistic and keep my Litecoin until maybe January 2021.

In my country, cryptocurrency is Legal but is only used as a cryptocurrency asset and crypto trading and cannot buy goods. This is because the rules in my country only regulate crypto assets and trading. In terms of exchanges, there are some exchanges that are legal and recognized by my country and I can convert them to fiat via bank by verifying personal data first.

Thank you for the information, even though we already know that a project is legitimate and not a scam project, but if the project fails then we will still lose money, the risk will always be on the investment project. For that the safest thing is to invest in coins that are well known and listed on the exchange.

If I were you, I would regret it for life. Indeed, we never know what will happen in the future, therefore we always regret when we experience mistakes in the past, even though it's too late in my opinion it's okay. In 2016 a friend invited me to participate in a campaign and I refused because I didn't know if the bounty campaign would be profitable. Then in 2017 my friend made about $ 5,000 from a campaign and that's my regret. I just joined the crypto world in 2018.

The online world is inseparable from scams and hacks. If you want to be safe from scammers don't trust anyone you don't know, always be careful if you get a message in an email from anyone, don't click the link they send. If you have followed these steps you will be safe from fraud.

I think bitcoin ownership will be valuable in the long run, because from the start, bitcoin ownership that is stored for a long time generally benefits so it is not impossible that the price of bitcoin can reach $ 100,000 in the future, maybe even more. than that.

I agree with you, trading is not a safe place to play, if you want to start trading, use the capital you have, don't borrow money for trading capital. Planning all your trades carefully and managing risk well is one of the ways to minimize losses.

Technical analysis is the analysis most frequently used by crypto traders and forex traders. This is the simplest type of method, both beginners and professionals use this method. By looking at a coin history chart, a trader can analyze market movements and know the history of a coin.

I prefer to trade with a verified account because it is safer and usually exchanges are officially registered in my country. Even though I have to provide personal data, I think that is part of the rules set by the government as a condition for establishing an exchange.

Yes, such trading is possible, commonly called arbitrage trading. Take advantage of price differences from one exchange to another. But in my opinion, this trade also has risks when the market is down there is a risk of loss. This type of trading can only be done when the market is bullish so it will add to the coins we buy from other exchanges and sell them on the current exchange. I often use this type of trading because when I buy LTC with the BTC / LTC pair at Yobit, I transfer LTC to the Local exchange, if the market is bullish I hold the LTC I sent earlier and wait until the LTC price is even higher before selling it.

Indeed, from January to June 2020, the price of ETH did not increase significantly, which made ETH holders feel pessimistic about this coin. However, from August to October the price of ETH has increased quite significantly. so it became an experience for us that we don't have to panic and sell it but if we hold it for a few months then we will make quite a lot of money, Panic sometimes makes us rush to sell it so we don't think so in a few months the coins we hold will go up .

In 2019, the price of bitcoin did not really go up, even that is where the price of bitcoin did not go up at all and the market was bearish in 2019. Things changed when entering 2020, bitcoin prices continued to rise and experienced a slight decline in March due to the pandemic, however bitcoin price recovered and touched the highest level of $ 19,000 since 2017. I think 2021 will be a bullish market and it is not impossible that bitcoin price will touch $ 50,000.

I think this is a good time to buy LTC. With a price of $ 54 this is indeed the lowest price decline since 2019, but currently in December 2020 the price of LTC is above $ 75 so if you buy at $ 54 you will get a pretty high profit. I think the LTC price will be even higher at the end of 2020, considering that currently the LTC price increase continues but is still followed by slight fluctuations.

As traders we should interpret the market without errors, but we can be wrong because we get the wrong signals. Trading is indeed not easy and cannot make us rich quickly in one night, trading requires hard work and also does not give up easily. The psychology of being in the market will affect the trading results, therefore we cannot continue to blame the market, because the success of trading depends on you.

Yes, those are the two types of trading. short term trading and long term trading. Short-term trading, such as day trading, we can do when the market is bullish, but when the market is bearish the trading strategy must be changed to medium trading or if necessary, long-term trading depending on market conditions. I think coins suitable for trading are highly volatile coins such as Bitcoin, Ethereum and Litecoin.

Trading tips for beginners that you can do is buy the right cryptocurrency, choose a very volatile crypto that you can buy ETH or LTC. Determining which coins you trade greatly affects your trading, so don't make the wrong choices for this part. Learn the basics of trading before starting trading as well as choosing a safe exchange, such as Yobit.