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Showing 20 of 27 results by Afonos
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Topic
Board Trading Discussion
Re: Newbie trader
by
Afonos
on 19/09/2018, 21:17:18 UTC
what needed to start trading guys , and can you please give some trick tips , advice
I'm also new but based on my previous experience, I often read tips for getting useful information and asking for suggestions from some friends to understand and make market analysis, I keep repeating it and doing it on the market.

it's good to follow signals from other people or even premium, for now I'm still following the free signal channel and developing personal analysis, but there is one important thing where all the coins included in the signal must be taken into account that they only run fast-temporarily, or it is good for the long term, in this case I don't think 100% profit until I really understand the details of the coins that I trade.
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Topic
Board Trading Discussion
Re: Be careful with fake exchanges
by
Afonos
on 19/09/2018, 21:08:24 UTC
Be careful, there are a lot of scammers who make fake markets with the same web appearance, but the difference is only in the website domain, the same case has also happened to large market markets, such as binance, be careful if there is a form requesting our key is definitely a scammer

Binance and Kucoin have anticipated this with the anti-phishing code for email login and transaction confirmation, this is not the best solution but really prevents the negative factors that continue to develop from hackers. I was also worried about what happened, but I also had to continue doing activities to trade normally with caution.
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Topic
Board Altcoins (Bahasa Indonesia)
Re: [UPDATE] Segala sesuatu tentang ICO yang harus kamu tahu
by
Afonos
on 19/09/2018, 21:01:57 UTC
ibaratnya ada ico yang ngusung projek rumah sakit, di sisi lain ada projek yang sekilas sama sekitar 4-6 projek, mau sebagus apapun projeknya, kalau ga sanggup menarik investor juga akan tetap gagal, banyak projek yang ane anggap bagus malah kalah sama projek yang biasa saja tapi marketingnya keras. jadi kemungkinan hanya akan ada satu projek sejenis saja yang berhasil.

tahun ini lebih rumit lagi, karena harga kripto masih njelimet panik, investor lebih banyak jadi day trader dengan ngarep2 1 persen keuntungan saja, banyak yang absen dari ico.
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Topic
Board Economics
Re: 5 Reasons Bitcoin Is Not A Bubble
by
Afonos
on 16/08/2018, 14:08:45 UTC
Since first bitcoin created, peoples always keep says bitcoin is a buble but the fact is bitcoin is good investment. If bitcoin is a buble, company like soros funds or JP Morgan or Goldman Sachs must be wont investing on cryptocurrency.
Big companies must be doing research first before investing their funds because its very high risk market but on other side cryptocurrency is profitable investment.
I agree with you, that bitcoin is not a bubble. I analyze that bitcoin will be hunted down by someone to be collected as an expensive investment, like an item produced with a certain amount when the amount is reached and no longer produced will be a rare item. Then the price is more expensive because it is not balanced between supply and demand.

So the price becomes expensive because bitcoin has reached the peak, it can continue to be expensive or even become cheap.
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Topic
Board Economics
Re: Why lot of countries do not allow to use Crpto?
by
Afonos
on 16/08/2018, 13:52:54 UTC
There are many reasons behind this.But government knows well.May be government think that the economic problems will be faced for it and money will be reserved.People are going to make loss in their investment.For those reasons,a lot of counties don't allow to use crypto probably
Because the government is scared! Fear cannot control the digital financial system because decentralized P2P systems make transactions untraceable if there are no reports. The government wants the financial system monitored to prevent financial crime, besides that the government must also get taxes to run its government and for infrastructure development. Without tax, a country goes bankrupt.
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Topic
Board Economics
Re: Crypto replacing fiat?
by
Afonos
on 16/08/2018, 13:37:18 UTC
The problem is the safety of our account, i believe when crypto replace fiat it means the value will be more stable and the transaction could be fast as fast using debit card. But the security of our account is so vunerable, or maybe there will be a wallet that cant be hacked.
For large transactions, cryptocurrencies can be used, but can you imagine when a 7-year-old boy buys candy to pay using crypto?

What happens is clearly a payment problem. To replace fiat money, I think it's impossible. But to align with fiat money is very possible.

Only functions and uses can differ depending on needs. Crypto money is a sophisticated technology that can definitely add value to financial transactions because digital currencies do not have physical, but banknotes cannot be replaced because they are practical and have physical properties.
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Topic
Board Economics
Re: Some facts about the global debt...
by
Afonos
on 15/08/2018, 13:44:44 UTC
If the governments were smart they would start to accumulate bitcoin and other crypto currencies. They can use it to pay off their debts while their currency still has a use.
Maybe your opinion is very simple, but if you think about that there is a point. Why does the government not mine as much bitcoin as possible by using sophisticated tools and collections of geniuses, then the results are used to pay the state debt? While for fiat money remains normal, it is used as a domestic transaction. This digital currency is all possible, because the birth of bitcoin starts from assumptions, so the price of bitcoin will tend to be predictive.
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Topic
Board Economics
Re: Starting With Nothing in Bitcoin
by
Afonos
on 15/08/2018, 13:31:56 UTC
i dont think you need so many things or much thing before you can start bitcoin what is required of you is your faithfulness and hardworking that will yield great reward to the bitcoiners
When people talk bitcoin seven or eight years ago maybe the person who heard it all fled, because at that time bitcoin was nothing, only a digital currency whose value was very cheap but had the ambition of uniting the world's currencies.

Only dreamers want to hear it, let alone dare to invest their money to buy bitcoin. But now, dreamers who are loyal to bitcoin and are willing to think about how to trade bitcoin intelligently, have become millionaires. While people who have opposed it now cry sad because they are still poor.
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Topic
Board Trading Discussion
Re: HODL vs Day trading
by
Afonos
on 14/08/2018, 03:56:03 UTC
If you are an experienced trader then you can for day trading otherwise, start holding them until the price of coins increases. In day trading it is impossible to make money but we have to analyse the things how much it can raise and how much it will fall depends on that you can make a profit.
Daily trading requires careful calculation and higher tension, because price movements are so fast that profit / loss can occur immediately. For smart people, daily trading is good, but investment is better because it is more relaxed and can be long-term. Just buy now and keep it up to expensive prices then sell it to make a profit.
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Topic
Board Trading Discussion
Re: Day trading was fun!
by
Afonos
on 14/08/2018, 03:22:58 UTC
Trade is all about your finances and the risks also affect you. That's why I think it's not a risk but your experience is good at buying and selling at a high price, a good strategy and you love the market. Trading is not fun but you are lucky in the basic things to buy low, sell high at the right time. Win or lose as pleasure
Trading is fun when you are lucky. Means that your money increases, while there is a dark day when you experience losses. Just enjoy it because there must be a profit there is a loss, only need protection if the loss is not too much. If you profit as much as possible. This pattern is like a trader not an investor. The trader is realistically a little profit is enough, investors want a big profit
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Topic
Board Bitcoin Discussion
Re: Most Crypto investors are Cowards
by
Afonos
on 14/08/2018, 03:04:06 UTC
Those people who are afraid to invest in bitcoin i think it's their choice to play safe for not taking the risk but to those people willing to the risk has a chance to become successful because if we put our money in investment and having proper knowledge and guts i think we can achieve our goals in life through bitcoin help.
The coward is identical to someone who seeks safety, not fear. In bitcoin trading people tend to think realistically for the short term, not long term because they are looking for safety, when prices rise slightly sold because they are profitable. Falling prices are quickly sold to avoid greater losses. Investors must be brave to hold bitcoin for a long time until the price is high, if the hit and run is small profit because it is too volatile.
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Topic
Board Bitcoin Discussion
Re: Bitcoin will kill itself
by
Afonos
on 13/08/2018, 12:09:56 UTC
bitcoin is not self-suing but rather growing and capitalizing on the market thanks to the possibility of price increases as well as the policies of the countries that have accepted it.
Bitcoin is a phenomenon, therefore bitcoin has become the most expensive digital currency in the world. Although there is one slogan, which quickly gets up, he will go down quickly too. Then there are concerns that bitcoin is hit by a curse.

The problem is that observers and financial experts predict that when bitcoin has reached the maximum amount the price can go down very cheaply, but other opinions say the price will be very expensive. Which one is true? Whatever happens, bitcoin can be like that because of its own character.
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Board Bitcoin Discussion
Re: Remember when Bitcoin was new and.....
by
Afonos
on 13/08/2018, 11:50:38 UTC
I remember when bitcoin is new and one of my classmate talking about it. The price of the bitcoin of that time is very low but he saying it's starting to go up.
In 2011, I got to know bitcoin from forums and browsing the internet, but I was not interested because in my opinion it was not prospective

I was sure that digital currencies would not develop and would not be able to pay. After that, I forgot about bitcoin and I think the info about bitcoin is rubbish.

Until the end of 2017 there were friends who were able to buy luxury homes and luxury cars from bitcoin, I was surprised and disappointed why not take part in bitcoin while the price of bitcoin is still cheap. If now the price of bitcoin is too high.
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Topic
Board Bitcoin Discussion
Re: centralize money vs. decetralized money (bitcoin)
by
Afonos
on 13/08/2018, 11:33:01 UTC
If you want to focus on money for other purposes as well for other projects that you do not want to invest in bitcoin is not a problem but one thing is that you will not have many opportunities to Wealthy by investing in digital money

For now, centralized money is more dominant, even the most ideal to be implemented in the world, because all levels of society can use it. While decentralized money tends to be used by people who understand technology, because all transactions are done digitally. You can imagine that in a country that is still poor, there is no internet network. For developed countries, decentralized money can be used because people are smart and internet technology is very fast.
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Topic
Board Economics
Re: Biggest personal bitcoin loss
by
Afonos
on 12/08/2018, 15:03:17 UTC
Losses in bitcoin are usually due to trade or investment that is wrong because of a mentality, for example the price drops then panic and take a sell position. The position of bitcoin is always up and down, in a graph like a swing. Now the price drops means we can be sure the price will rise. If you don't want to lose, don't play currency (conventional or digital) because in that game if you don't win, you will lose.
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Topic
Board Economics
Re: Cryptocurrency or Stock Market?
by
Afonos
on 12/08/2018, 14:49:54 UTC
Cryptocurrency is the best one to invest with our money because it is one I tried and tested but if I ever try stock market, maybe if I have a free time for making some Investments for it. And I think many people would rather choose their own decision.

When cryptocurrency does not yet exist, the stock market becomes the idol of investors in turning their money. But now that bitcoin already exists, many investors have invested their capital in digital money, especially after bitcoin prices have exploded and become the most expensive currency in the world. The risk clearly exists both on the stock market and in crpytocurrency. Investors are opportunity hunters, where there is a big profit there they come.
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Topic
Board Economics
Re: Crypto and automobile
by
Afonos
on 12/08/2018, 14:36:34 UTC
You can buy the car you like with altcoins, in the United States some car dealerships may accept your transaction code. I think this is a great thing
The answer is simple, if you have enough bitcoin to buy a car, that can be done today. Car companies don't care what you want to pay, but the car dealer will accept / reject bitcoin payments. So, bitcoin can be used to pay for anything as long as the company receives it. If not, you must exchange it first into conventional currency then use it to pay.
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Board Economics
Re: bitcoin in developing countries
by
Afonos
on 11/08/2018, 12:31:36 UTC
BTC can have a great impact on developing countries, but so far with current user interfaces it's not so friendly towards the masses, we need better implementations of LN and wallets to make it all work.
In developing countries, bitcoin is easily accepted because the country needs so much investment to advance industry, tourism, infrastructure, etc. However, not all developing countries accept with open arms, there are those who reject it as a means of payment, but not prohibited as a commodity asset. Can also be a payment transaction tool.
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Topic
Board Economics
Re: Government regulation on cryptocurrency, GOOD or BAD?
by
Afonos
on 11/08/2018, 12:18:47 UTC
I think that the regulations that the government sets for cryptocurrency are not good, which would limit the development of cryptocurrency as well as limit future economic growth.
In this world, anything must have rules, if it is not regulated there will be a problem. Including cryptocurrency must be regulated by the government, so that it is not misused for matters that are detrimental to both the government and society.

So, the rules about cryptocurrency as long as they are related to security and ease of transactions, and can also find ways to collect taxes in cryptocurrency transactions. Because tax is a source of income for a country.
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Topic
Board Economics
Re: Why people are still buying BTC?
by
Afonos
on 11/08/2018, 12:04:28 UTC
Most of the people who are still buying are people who believe in the encrypted world, and they believe bitcoin will come back, which has been in history in the past.
Because they believe bitcoin will become a digital currency in the future. Trust is something that makes them not care about people's analysis or people's doubts, because bitcoin's popularity cannot be stopped. Bitcoin is starting to be accepted in many countries, many businesses also accept bitcoin. Bitcoin is still bought, in addition to trading as well as investment. In the future no one knows, but belief in bitcoin will not falter.