Haley
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Everything posted by Haley
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I've also heard about the tricks scammers are using to trap people but this type of virus is new to hear. I have heard about app spoofing but I don't hear about a pc virus which change the destination address by itself. It means that we should be more careful to decrease the risk of lose.
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Yes its a good idea to invest money in trading and then take benefits from it but to get benefit you have to make research and then choose the best coin to invest in.
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I haven't experienced trading practically till now but I think 60% is enough per week but if you didn't find it enough then you can also try another ways to earn in crypto world.
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The requirements you needed to become a day trader are just like you explain and the thing which needed to complete all these requirements is patience. Without being patient no one can fulfill these requirements and can't be a day trader.
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There is also a type of trading named intra day trading in which the trader is allowed to hold the trade for more then a day but the trading method is same as in full day trading. Many people use this type of trading because the crypto market never closes and there is not any end of a trading day.
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The method of withdrawal of money from Yobit is so easy. You just have to do is to click on send to my btc balance then convert the coins into another coin which have least withdrawal fees. Now you can transfer your currency into any of your wallet or account.
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I've not tried this type of trading with altcoins but I know it will be beneficial and we can earn a lot from this method of trading of altcoins. Investing in altcoins is a good trading idea which we can use in starting if we can't able to invest in bitcoins.
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There are many crypto exchange platforms and all of them have different fees criteria and we should choose the one which have least fees so that we can gain much profit as we can. I think Yobit is the best of all less costing platforms.
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Yeah, you are right, start trading without knowing the basic things like how to read the trading chart and concluding that the price is low or high and many other things make it difficult to gain profit in trading field. To increase the chances of benefit we should avoid such basic mistakes.
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Yes its true that bitcoin have more volatility then gold and its more risky to invest in bitcoin then in gold but on the same time its more volatility also increases its chances to gain more profit and this makes it popular among people.
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You will never lose your money again by this trick..!!!
Haley replied to Calvinpriva's topic in Crypto World
It maybe somehow beneficial in finding a good coin to invest in but according to my knowledge coin market cap is the best thing to find a best coin to invest in and rather then following Yobit coin prices we should follow coin market cap for better results. -
Private keys are not only the keys rather it is the only way to access our holdings and if someone lost his private keys no one can help him to recover the private keys to access his holdings. That's why it is suggested to save your private keys at a secure and easily accessible place.
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Its normal to face large fluctuations in cryptocurrencies prices because it is part of the game and if you are holding a coin whose price is going down continuously then don't panic to sell it because you face a big lose due to this decision. You should be patient and wait for the price to rise.
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Thanks for sharing your experience about changenow exchange site. I've not experienced this site yet so I can't give any opinion about it maybe I choose it soon.
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Exchanges are made to complete our transactions and do trading not to keep our currency in them. To save our currency we are provided with many safe wallets in which we can safe our currency for a long time. So we should safe our currency in wallets to make them secure and decrease the chances of being hacked.
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Yes it's true, the deposit and withdrawal fees of Yobit is comparatively low then other exchange platforms. The commission Yobit demand from its users is very reasonable.
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Yes you are right Yobit have very low transactions and withdrawal feeses which make it more suitable for new members who can't afford the cost of other exchange platforms. And this is the reason behind my recommendation of Yobit to many other crypto users.
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Tether is becoming famous among people because it is thought to be more safe by investors and traders because it pegged to USD. And the other thing which favours its transactions is almost zero transaction fees. The negative feature which I found is the time it requires for identification while making transactions.
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What are the best ways to invest in these times of pandemic?
Haley replied to gilbertog's topic in Marketplace
Both cryptocurrency and gold are good investors and can be kept for long time. Cryptocurrency is more volatile their prices are much susceptible to fluctuations then gold and can't be affected by government issues while gold have effect of government issues. -
Its natural to scare from trading at first but after getting knowledge and help from experienced members your scare will decrease. And another way to decrease the fear is to research about the coins their market value and also research for latest predictions.
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The basic principle of trading is based on knowledge about market prices. If you want to become a successful trader then you have to find out the average minimum price on which buying is profitable and you also have to know about the average maximum price to sell your currency to get maximum benefit.
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Working on same thing daily will make it booring and we don't find any interest in it any more so we should do some favorite activity or listen to our favorite music or sit on a favorite place to decrease the boringness of trading and make it interesting.
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Nothing comes without hard work same is the case with trading. The simple method of trading is simple but it's not easy to make earning from trading. It needs great concentration and know how about the market so that you can make right decision at the right time to get maximum benefit.
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The strategy to gain maximum benefits from cryptocurrency is to buy it when the lowest price reaches. The market don't show lowest price rather we should make our own research on the price to know the average lowest price. Then keep them for time until the average maximum price reaches and then sell them to earn profit from it.
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The analysis of the crypto market is showing that cryptocuerencies will not fall in near future. Instead of going down cryptocurrency is getting fame day by day which increases their demand and supply and becomes a reason of it's rise.
