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Haley

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  1. Haley

    Gold & Crypto

    Both claims a unique value in market and both of these are better investment things. Crypto is more liked because of its more volatility. Its values show more fluctuations then gold that's why it attracts more people.
  2. There are many platforms which provides the facility of online jobs. You can sell your skills like content writing, digital marketing etc on those online platforms. And if you don't have any skill then you can creat a skill set by just taking online or offline courses of two to three months and then you will be able to offer your services at online platforms and can earn a lot from them. By the way, crypto is gaining fame day by day and I don't think so that it will diminish.
  3. Exactly, this is the only thing about cryptocurrency which scare me a lot. Its too difficult to confirm that a currency is real or fake. Many scammers are developing new fake currencies which they offer to people in low cost and claims to make them rich within days. We should always check for the blockchains and project under which the currency is developing.
  4. Yes, the currency is evolving everyday and the new currency (cryptocurrency) is appected by most of the countries of the world and the remaining countries will also accept it soon. And the main reason for its acceptability is anonymity which it retains and no third person will know about your transactions.
  5. It is a secure transaction method if you follow all the security measures carefully and double check the details of destined wallet. But, carelessness can make it risky. If you put wrong wallet address and lost your money then there is no fault of blockchain or exchange platform you are using the reason is just your carelessness.
  6. I think there are almost 200 cryptocurrency exchanges but I'm not sure that the figure is 100% correct. You don't have to search for all of them just choose the best one.
  7. Copying others strategy is a bad thing you have to make your own research and strategy. Seeking help from expert members is a good thing but copying them is not good.
  8. Yes it is the best feature that it offers variety of cryptocurrency. Besides this its security level is also good and it gives the option to activate two factor authentication which make it more secure.
  9. All the features of Yobit are best which make it best of all exchange platforms. The most liked feature of Yobit is its easy to use interface which makes it newbie user-friendly. All new traders find it so useful to gain experience in trading field.
  10. Finding a best exchange is a very difficult task. But it will be easy if we set criteria to select the best one. In my opinion the best one is that which is easy to use and offers almost all types of cryptocurrencies so that we don't difficulty while using it. Also check for the fees criteria of the platform which we have to pay while trading investing or withdrawing.
  11. I think, its not possible to estimate the moves of market per market. The fluctuations can occur many time a month or they can't happen the whole month. That's all depend upon the market.
  12. Yes its become a headache for all governments because of its price. Its price is going up because of its demands. People have realized that trading bitcoins will give them huge amount of profit but its also comes with some risks which should be also kept in mind. Predictions of bitcoins shows that in 2025 its price goes beyond our thought.
  13. Study is to gain basic knowledge about the crypto world and trading terms but it's just not enough to be a good trader. After gaining basic knowledge you have to create a habit of analyzing market on daily basis to keep in touch with the market. Then you have to experience what you have learned. Unfortunately, if you fail in first attempt doesn't lose hope check your trading strategy for unknown mistakes and try again until you succeed because experience makes man perfect. If you give up after just one try you can't be a trader.
  14. Main methodology of both types of trading is same. Both have bull and beae markets I think no one is going to obsolete the other. Many people like to trade in cryptocurrency while many also like to trade in stock market.
  15. Last year, everyone was conspicuous about the future of bitcoin when its prices goes down. Many people sell all bitcoins they hold and faced a big lose because the coin price is increased now and those who hold their coins don't face that big lose. This thing give us a lesson that we shouldn't hustle in making decisions otherwise we will face a big lose.
  16. Yes cryptocurrency can be manipulated and this is done by many sophisticated traders. These traders impact the price of butcoin by buying and selling large amount of bitcoins in spot markets.
  17. The simple method of trading is buying at the lowest prices and selling at the highest price to gain maximum profit. But, to know about the lowest and highest price of the coin one have to attach himself to the market to analyze it and know about the price ups and downs.
  18. Holding large amount of bitcoins in a single wallet is so risky because if unfortunately your wallet got hacked or you lose your phone then you may lose all you have. If I had a large amount of bitcoins I hold them in more then 2 wallets to make it fully secure and reduce the chances of lose.
  19. World is always in the state of evolution, everything is evolving and new things appearing. Same is the case with currency, it is evolving to a better technology and we all have to adapt this change. Many people are still refusing to adapt the change but one day they will regret that why they don't adapt it in the beginning.
  20. Yes cryptocurrency is best for students if they take it just as a part time job rather then wasting all their time in crypto world which should be used to study. If they can manage their time then it is the best utilization of their spare time because it prepares them for their professional life.
  21. Yes news always have an affect on the cryptomarket but this affect is in an indirect form. Like news aware people about the price and ups and downs of the market to which people react. If they find news beneficial the demand of cryptocurrency increase which increases the price automatically and vice versa.
  22. The primary risks related to margin trading are market conditions and time. Here, you have the chance to make money more then the cash if stock trade but the risk is also very big you can lose more than you invested and if the lose is too big the broker can ask you to pay all the margin loan.
  23. Yes there are many tools which give signals or predict the market but I think no tool can predict the direction of market assets 100% right. We have to be careful and not trust any tool blindly for which we regret in future.
  24. Platform is aware about our condition. Moderators know that many of us are not even trade a single time in their whole life. In spite of the fact it pays us for posting here, it is because its aim is to produce professionals of this field. Everyday we can learn a million worthy words from experienced traders if we take it serious.
  25. Trading in pairs needs full attention and focus to the pair we selected so trading on many pairs at the same time will confuse us and we will lose our money. We should focus on few pairs at a time to reduce the chances of lose.
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