Haley

Exactly, preparing trading strategy before starting trading is a good thing. If we prepare a strategy first then it will be easy for us to know where we should enter and where we should leave. In short preparing strategy makes trading easy.

KYC is for security, its use at some places is good but in airdrops it is not needed. Many scammers use KYC to trap people in their scams so I prefer to avoid such airdrops or exchanges where KYC is compulsory.

It is good to not give up and come back with the strategy to not do the same mistake again because giving up is not the solution of our problems. We should learn from our mistakes instead of give up.

The only thing we can do to ensure our long lasting journey with Cryptotalk is to follow rules and post good content which will prove beneficial for other members of this platform. We should also use our reaction power to help this community to grow.

In my opinion, the best feature of Yobit is its easy to use interface. Anyone can use the platform without taking proper courses about its use. Conversion of currencies is also very easy. It offers a variety of coins which can be easier convertible.

I agree with you, patience is compulsory to be successful in crypto field. If we use shortcuts then it will not lead us to success. If it leads to success then that success will be for a short period.

Yes you are right to become a successful trader we should follow all these tips. Besides these tips we also have to connected to crypto news and also consult to an experienced trader becasue an he became experienced after many failed attempts and he will guide you to avoid such attempts.

Avoid installing unverified apps and opening unsecured websites. To check that if a website is secure or not click on the URL. If it starts with https it means It is secure if it start with http then it is not secured.

Frauders are everywhere and always trying to trap people. To prevent getting traped into frauds we should build strong passwords containing letters, symbols, and numbers. And the other thing we should do is to avoid the use of public networks to make transactions to avoid app spoofing.

Bitcoin transaction speed is very high, it can process 5 transactions per second. But, it take time to pass a block, it means that you have to wait for 10 minutes for the verification of your transaction.

Thanks for mentioning these methods. Everyone choose the method which he find more suitable on the basis of knowledge about that. I think investment is secure method of earning in comparison to other methods.

I don't accept the offer, because it is very risky. Trading is a risky work you can earn double or you can lose all. So, I don't think it is a good idea to trade friends money being a newbie in crypto field.

I think no one dares to use cryptocurrency illegally because it is the violation of rules and everyone know that any country can't bear the violation of its rules.

There are many altcoins which seems to have the potential but I think ETH have the potential to get the large share of market in near future.

Not only by advertisement, scammers developed many new techniques to trap people. Scammer are developing new methodologies day by day in which they claim to give you free currency but that is just a part of their game. So be careful, whenever you thinking to invest.

There are many dangers when we invest heavily in cryptocurrency. The major danger is that the fluctuations in the market value are sudden. If we invest all we have and the fluctuation goes against predictions then we will be sunjected to a big loss.

Very informative post, every newbie should read this and follow these tips when making posts. It is important to follow these tips to reduce the chances of getting warning point. Working without having knowledge is just like doing useless efforts. To work properly all new comers should follow these tips.

I think this great platform was developed in 2019, I'm not aware of the exact date of its development but I think the year was 2019.

Hi mate, to withdraw earned currency from Yobit first click on send to my btc balance. As the withdrawal fees of bitcoin is high then other coins so I advice you to change the currency and then withdraw.

That's great, participating our part to this platform is our responsibility. If we accidentally violate the rules and got restricted then participating by giving reputations to the deserving posts will keep us connected to the forum. And during this time we can increase our knowledge by reading more posts.

I have not experienced this issue till now. Whenever I want to make Research about topics I found search bar at the same place and take benefits from it.

I agree with you posting information without investigation will lead us to get warning points and get banned by moderators. So we should investigate the information first spreading fake information is also against moral act because it also harm others.

Cryptocurrencies are becoming popular day by day and the reason behind its popularity is its low transaction fees, high transaction rate and its liquidity.

The reason behind this ban is the rules and regulations of those countries. The countries which don't accept cryptocurrency by their rules and regulations are banned to use cryptocurrency based sites.

It is very informative post, monitoring of market is very important to be successful in crypto world. And the platforms you mentioned will help many members to get knowledge about crypto and monitor the market.