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Posts posted by nguyendu1997
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I also think the same way as you. I started to holdcoin and learn about the potential projects and prospects to continue investing and holding it. If you have a complete mindset and knowledge about the market and potential projects you can make a lot of profit from investing and holdcoin.
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In my opinion. If you are fully equipped with trading knowledge, you can make a lot of profit from it, but there are risks. You should aim for how much profit per day and stop should not do too many orders, as it will burn out the account.
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I have invested in SOL (Solana) coin. Solana is a very HOT project after FTX implemented the first DeFi project on Solana's Blockchain platform. Solana is built by a team of all-star, experienced from large companies such as Google, Apple, Intel, Twitter, Dropbox, Microsoft ... etc.
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Libra (formerly known as GlobalCoin or Facebook Coin) is a licensed blockchain developed by Facebook. So it's not yet developed and commercialized, I think it will grow and multiply in the next few years.
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A bad year for cryptocurrencies, a few months ago Altcoin showed signs of return to Defi trend but I think Altcoin by the end of the year will go into decline. There are a few of my friends who, after seeing altcoins rise again, invest in and lose capital, which is terrible.
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You know, Bitcoin is a cryptocurrency, invented by Satoshi Nakamoto in the form of open source software since 2009. Bitcoin can be exchanged directly using an Internet-connected device without going through a medium. mind to hold any time.
However, wanting to become the only currency in the world is unlikely to happen. Because some countries have yet to allow Bitcoin to be valid in their country.- 1
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It also depends on when you invest in which coin. And depending on how the market reacts to the price, if you want to buy coins to make a profitable investment, you should learn clearly about the coins you want to invest before you invest in it.
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My capital management tips are very simple. It is advisable to set daily profit target, not to enter many orders because many orders are risky.
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Of course that is, if you want to make a long-term profit from trading, you should be equipped with knowledge and experience in trading. Should not depend on luck, it will cause us to burn out our account.
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There are times when the Defi trend has rattled the market this year, however I think it's only temporary, but in the long run you should buy and hold valuable and commercial ecosystem coins.
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In my opinion, depending on the movements of the market, order. If there are many buy orders, the market is uptrend. If there are many sell orders, it means the market is in downtrend. In general there are many definitions and terms for choosing Long or Short
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yes I got hacked 5 months ago, somehow. My wallet is transferred with valuable tokens stored on Myetherwallet. I think Ethereum network is not completely 100% secure, with many failures.
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I make a little bit of money trading, my win rate is usually higher than I lose. So it also depends on how much capital you put in the order.
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In my opinion, if you are a new trader, you should spend a little capital to trade for experience and at the same time learn more trade knowledge. If the odds of winning are higher than losing, you can increase your capital to achieve higher profits.
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In my opinion, I like Binance. Because Binance is a large exchange in the world full of features and beneficial for traders. Moreover, this is also a very safe, highly secure exchange with low transaction costs and high liquidity.
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I would like Bitcoin to come back to its highest price in 2017 of $ 20,000. But for 2020, a bad year for cryptocurrencies is unlikely to rise again this year. But I think Bitcoin will rise again in the next few years.
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There are many ways to make money online and downloading apps to make money is also a good idea, but if you do many apps, your phone will be full of memory. The way to make a lot of money from downloading the app is to invite lots of friends to join
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If you want to start buying and selling cryptocurrencies such as Bitcoin, Ether, Dash, or Stellar, however, don't know which exchange to use, this CEX.io review should help you decide.
By the end of this CEX.io review, you should be able to decide if CEX.io is the right cryptocurrency exchange for you. You'll also be aware of its beginning, security features, offered coins, fees, and so much more.
With so much to cover, we should probably begin! Let’s see what this popular exchange has to offer.
Pros
- Easy to figure out
- Different trading pairs
- Great support
Cons
- Might lack coin options
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What is CEX.io?
Let's start this CEX.io review from the basics. CEX.io is a cryptocurrency exchange platform. It accepts multiple deposit types and supports different digital assets. It is great for both advanced users and beginners getting started with buying and selling cryptocurrencies.
If you were wondering: Is CEX.io legit? Or, is CEX.io safe? The answer is yes and no. The site is certainly legit, as it has been registered in the United States as a Money Services Business. The agency that it’s licensed is called the Financial Crimes Enforcement Network (FinCEN). This means they’re highly unlikely to suddenly pull an exit scam on you!
CEX.io also provides users with protection under a level two DSS certificate. This means it has proved itself as having a certain level of security to store, process, and transmit payment card data.
That said, CEX.io should not be considered as completely secure. It is a cryptocurrency exchange, after all. The fact that they store vast amounts of different currencies makes it a big target for hackers.
The history of digital currency is full of examples of exchanges being hacked and there is nothing to suggest the future will be any different. This is why you should never store your cryptocurrency on an exchange! Instead, you should consider using a secure wallet, such as MyEtherWallet or Exodus.
Next, let’s look at how the exchange evolved into the trusted platform it is today.
CEX.io History
CEX.io was founded in London, UK, in 2013. Originally, it was a cloud mining provider that owned the GHash.io mining pool. Back in 2014, GHash was one of the largest mining pools around.
In early 2015, the decision was made by CEX.io to stop providing cloud mining services. This was based on the low Bitcoin price at the time, as well as the fact that the company didn’t own any mining hardware. The GHash.io mining pool was terminated. However, CEX.io would live on, solely as a cryptocurrency exchange platform.
Note: Cloud mining is a process of mining for cryptocurrency in a group or pool. Users share processing power in the cloud meaning they don’t need to own their own hardware. They are paid out a share of every block reward the pool earns.
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Bad year for cryptocurrencies, I think altcoins will fall in the near term.
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The first altcoin that I invested in was ONT. ONT is a coin and can be used for staking in consensus, while ONG is a utility token used for on-chain services
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TRON is a Blockchain-based decentralized operating system based on a system-derived cryptocurrency. This is the best altcoin by far to invest as you can get a high return on holding it long term. And I think it will increase to $ 1 in the near future
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However, there are also very bad reasons to invest in cryptocurrencies. Many people fall victim to the hype surrounding every cryptocurrency-bubble. There is always somebody captured by FOMO (fear of missing out), buying massively in at the peak of a bubble, just in the hope to make quick money, while not understanding cryptocurrencies at all. That’s a bad reason. Don’t do this. Learn before you invest.
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Many cryptocurrency payment providers accept many coins. Litecoin is among the top cryptocurrencies, so it is accepted everywhere a crypto payment processor is used for payments.
GoCoin is an example
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Litecoin is a cryptocurrency that enables instant payments to anyone in the world and that can be efficiently mined with consumer-grade hardware. I think it will increase in price in the near future
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Is day trading profitable or just a waste of time?
in Trading
Posted
If you are fully equipped with trading knowledge, you can make a lot of profit from it, but there are also risks. You should aim for how much profit per day and stop should not do too many orders, because it will burn your account.