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Dana212

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About Dana212

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  1. As I am a beginner I cannot give good advice which I have used, but I have learned from the experience of others that when being a beginner in trading buying coins when the price is low is one way to minimize the risk of loss, then selling it when the price is high. can profit. Of course, as a trader you must know what the terms and conditions of trading are, the basis of trading itself must be understood.
  2. As a beginner I prefer to invest in low priced coins, even so the coins I invest in are top coins like LTC. A beginner should start small trades or investments before starting large investments, as this is a learning process. If you have mastered the crypto world, I think we can increase our investment limits.
  3. In my opinion, the reason cryptocurrency is so popular is because the price of Bitcoin has gone up very high, making cryptocurrency better known to many people, before knowing cryptocurrency people were more familiar with Bitcoin than cryptocurrency. High price fluctuation is also the reason many people are attracted to cryptocurrency because it gives crypto traders many advantages.
  4. I have read the rules in CryptoTalk campaign which give likes will get 1Talk and 10Talk per post. A topic that gets a positive reaction will get 200 satoshis, in my opinion giving a reaction is still very important because it will determine our income related to BTC payments. It is quite difficult to get a positive reaction, especially since the reaction payment has been stopped, but I will try.
  5. It looks like the income in the investment box is not big, it depends on how much you invest. In my opinion, trading can get more profit than investing, trading has unexpected advantages if the market goes up, you can also buy coins and store them for the long term to get the best price.
  6. Yes I think we are grateful to the people who have created a cryptotalk forum, this is a forum that provides information about crypto and at the same time we can generate BTC by posting. There is no easy job, in CryptoTalk we have to work hard to earn BTC and not passive income.
  7. 2019 was the year I started getting into cryptocurrency, trading on the local crypto exchange by buying 3 ETH which at that time cost $ 130.At that time I sold it for $ 145 because it was my first trading experience, so I was in a rush to sell. if I save and sell now maybe I can make more profit, I think I had my first trading experience and learned not to repeat the same mistakes.
  8. By participating in the CryptoTalk campaign we can get additional income, not only students are helped but there are many people in this forum who can make money so they can work and can pay bills. I think if there are many forums like CryptoTalk, the poverty in the world will decrease as more people earn income.
  9. Yes, I think the Bitcoin halving has already happened in 2020, this halving has made the Bitcoin price go up the highest, this division also has a big impact on the crypto market so that the market becomes bullish. This moment does occur every 4 years and the halving is eagerly awaited by Bitcoin lovers.
  10. You can trade Bitcoin to achieve your goals. Buy bitcoin when the price is down and sell when the price is high, either using long or short term trades, most importantly use Bitcoin as your trade. I firmly believe that if you store Bitcoin for the long term, you will make a profit and your goals will be achieved.
  11. A good cryptocurrency to store cash value is of course Bitcoin, BTC can be used as a profitable investment. If stored for the long term, of course, it will provide a pretty good profit, when compared to other cryptocurrencies, bitcoin has good price fluctuations so that it provides good returns.
  12. Of course you can if the price of Bitcoin continues to rise, you could even get a lot more if you have a lot of Bitcoin and save it for trading at a later date. Profits will double when the bitcoin price increases significantly, especially if you have a lot of bitcoins, the profits will increase significantly.
  13. You are right, we shouldn't invest all of our money in cryptocurrency, because if we lose we will lose everything. Invest what you can afford to lose, lest you use margin as your trade or investment because it is risky. Trading will be easier if you are able to take less risks.
  14. Dana212

    Safe wallet

    There are many secure wallets that can store cryptocurrency, try using coinbase, blockchain or Myetherwallet. In my opinion, this is a very popular and trusted type of online wallet, the most important thing is to keep your private key safe. If you want complete security, use an external wallet.
  15. Long-term and short-term trade is equally profitable but it must be done at the right time, I think the risk depends on the type of coin traded, if we trade Bitcoin, of course the risk will be less. Short or long-term trade is not a more risky size, but trade coins determine the risk, purchase and sales at the right time will minimize risk.
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