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Being a successful cryptocurrency trader comes with lots of practice. You have to keep learning through practicals. This is why having a demo account for your trading is very important. Never use a live account for learning.
Bitcoin’s halving trends often show a bull run after 6 to 12 months, with what have happened so far, it looks like we still have the bull run but it's being affected by demand and supply. The timing and scale of future runs may increasingly vary based on market conditions.
Litecoin is my favourite cryptocurrency to make payment with and also receive payment as well. It's very fast in completing transaction and the transaction fees is very low. I have used DOGECOIN too as well.
Right now, I don't have anyone with access to my cryptocurrency assets because there's no one I trust well enough to grant that access. Maybe in the future if I get married to someone I can trust, I'll grant her access to it.
NFTs are scams as far as I'm concerned. Do you remember when the trend was so much popular but everything have dailed down. Those who invested in them are now stuck with what they can't sell.
They have had a change of heart recently with what's going on as it's very clear Trump and Kamala are backing cryptocurrency. Desperate time calls for desperate measures.
They cannot overlook the impact of cryptocurrency in today's trends. This is why they are now openly backing cryptocurrency. Imagine when PayPal have backed cryptocurrency, that says a lot.
You must have made a fortune in cryptocurrency since you have been dealing with it for as back as 2014. If you invested wisely and managed your assets properly, there's endless possibilities for your profit making.
Actually, I have a substantial amount of cryptocurrency which I have set aside just in case of an emergency which is serious. But if I still have more funds to buy and keep for my retirement needs in the future, I'll do so.
There was so many analysis and expectations for Bitcoin before it reached the new all-time high at $72,850+. I wasn't very optimistic it was going to hit that figure but it did.
I started out my cryptocurrency investment with Bitcoin, Litecoin, Ripple, Ethereum and Ethereum Classic. If I'm to take out Bitcoin from the list, the other ones are very good alternatives to BTC.
It is very important that every cryptocurrency holder should learn how not to be too greedy especially when you have held a coin for a long time and it appreciated to some certain point. It is going to be in your best interest to sell off the coin and not allow your greed to make you hold onto...
They always have two options of possibility in what they decide to with using a very high leverage when they are trading. If they win, the winning will be very big and vice versa.
The simple and honest truth is that no investment is 100% safe.
There's risk in all of them but the real question is which ones have a higher risk and a more realistic risk that's understandable?
Cryptocurrency is definitely too risky no matter how much you know it.
I have heard about cryptocurrency staking but I've never given doing it any thought. There's a friend of mine who is always staking his cryptocurrency assets and after he's going to come and start asking me to lend him some coins. Doesn't he make enough money from his staking?
They are cheaper in terms of transaction fees and also, they deliver very quickly too to the best of my knowledge. I used to work with Bitcoin but the fees are very high.
Also, I equally have knowledge on trading on both of them Futures and Spot but I feel more comfortable with trading on Futures when I was using my Binance cryptocurrency app. Since I stopped using it for Coinbase, I no longer trade on Futures.
There is no analysis supporting that the coin is going to experience any bullish run in the market anytime soon. This is the reason why it is not advisable for you to invest in it on until there is a news on that.
Being able to take advantage when it comes to investing in the coin is going to matter if you had a first hand information about the coin before it started having a bullish run. This is so that you can be able to make a good amount of profit from it before it start crashing.
Bitcoin, Litecoin, Ripple, Ethereum and Ethereum Classic are the first cryptocurrency that I invested before I later went ahead to invest in ADA, DOGECOIN, and SHIB.