For sure, auto trading is completely legit and legal - no debate about that at all.
ETH is conceptional. It has not proven itself yet as a technology. Could it lead to internet 3.0? Maybe. Will something better come along. Probably.
What ETH has going for it is the support of many large banks and companies. I think they want control.
After the Bitcoin Segwit I expect on overall pop in all cryptocurrencies as we are now seeing people are already adopting the change in a larger number than expected.
From your position of experience, Could you go into your idea of the segwit consequence? I am not wealthy enough for forex trading, but I am also not going to miss the opportunity to try and trade my way through the crypto exchanges to get there. Although advice comes with a price, I was just hoping you would share some thoughts on the differences in being a professional(full-time/part-time) day trader and what we are looking at for reporting taxes on crypto gains are they the same thing?. I am very new, and trying to keep up with the reading, while not letting this chance pass... is difficult. Any reading material or thoughts shared would be appreciated. Cheers.
I think the opportunity for buying the seqwit was late last week when everyone was selling out of fear. Always buy when there is fear and sell into euphoria. That being said the crypto sector is just beginning a boom and will see enormous growth over the next five years. There are no thoughts of selling and only buying any dips. We pay taxes on gains when we sell. Do not try to trade. Invest.
Thanks for your input, I appreciate it. And an important distinction, duely noted.