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Showing 9 of 9 results by CoinBitCoinMoney
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Board Altcoin Discussion
Re: Why do people still fall victim to obvious scam?
by
CoinBitCoinMoney
on 12/01/2020, 20:33:40 UTC
Why do people still fall victims to obvious scams? Especially on twitter people are still sending bitcoin to traders, no one is a perfect trader, do not send bitcoin or other coins to people to trade for you, its stupid and foolish idea

Today a bitcoin trader on twitter exit scam and delete all traces off social media, i heard its about 53bitcoin, here is the link to the news

https://coinnewstelegraph.com/bitmex-bitcoin-fund-manager-exit-scams-before-christmas/

Pls stop, there is no such thing as easy money, its either you learn or you quit or else you will keep losing money

Some people are newbies and do not know anything about certain scams. I remembered when I started in crypto world, I visited a certain site, I view ads and I am paid 22 satoshi or less, I viewed an ad and it was about mining and I was offered to pay 0.2 satoshi to get 0.5 satoshi. The offer was too fake to be real and I did not do it.
Some people will be attracted to it and would just be scammed because people just like double offers.
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Topic
Board Altcoin Discussion
Re: Top coins to have in my portfolio?
by
CoinBitCoinMoney
on 11/01/2020, 20:52:27 UTC
In the same line as your recommended article, here are top 5 cryptocurrencies used in entertainment.

Personally I'm buying as much BAT as I can. I think it'll explode when the ads go fully global later in 2019.

Disclaimer: This is not investment advice, do your own research and invest only what you can afford to lose.

I will suggest you to buy doge or digibyte. And, know one thing for certain, low marketcap coins increase prices faster than high marketcap coins. So, with what said, know when to sell this coins if bull market is over.
Post
Topic
Board Speculation (Altcoins)
Re: sell bitcoin to buy fiat or altcoin?
by
CoinBitCoinMoney
on 10/01/2020, 20:31:41 UTC
We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?


This depends on how the market is. The only fiat that is profitable to buy is dollar because you can convert cryptocurrencies to dollar at a very low charges on exchanges. So, it is like converting to cryptocurrency.

During bull run, people buy altcoins, that is why altcoin price increase could be double of bitcoin, so it is good to convert from bitcoin to altcoin at the time.

If bearish market begin, people convert back to bitcoin, this is why the price of bitcoin do not decrease like that of altcoin in bearish market because people demand for it.

During bearish market, some people just convert their money to dollar as I said in the beginning and buy again when the price is low.

Aside dollars, I can not advise someone to convert to any other currency except exchanges support the currency and if the currency value is not much decrease like some countries money.
Post
Topic
Board Trading Discussion
Re: What kind of crypto trading do you recommend with $50 investment?
by
CoinBitCoinMoney
on 10/01/2020, 20:23:50 UTC
Hello dear members,
I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.

I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future.
I prefer working with bitcoin.

What is your idea about this?

Swing trading is less risky to day trading but with $50, I will advise you to be patient, learn about analyses, try demo and make your risk. In day trading, it is very possible to double it to $100. But, very risky as well.
Post
Topic
Board Altcoin Discussion
Re: Altcoin Bleeding
by
CoinBitCoinMoney
on 09/01/2020, 22:18:39 UTC
Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.


To invest in first 30 coins means you should invest in first 30 with highest marketcap. This is true to me because although, low market cap coins could be highly profitable in bull market but are also more risky as the losses are more during bearish market.
Post
Topic
Board Altcoin Discussion
Re: What’s the best coin to buy apart from bitcoin
by
CoinBitCoinMoney
on 09/01/2020, 20:25:40 UTC
Hi,
   Need to know the best coin to buy.
Since last 2 years nearly every coin has struggle to keep up.
Suggestions on the future predictions.

Start/comment below👇

———————————————————
Till now, suggestions made (according to the comments):

Top market cap coin
Enjine (ENJ)...
Litecoin (LTC) ...
Ethereum (ETH) ...
Zcash (ZEC) ...
Dash (DASH) ...
Ripple (XRP) ...
Monero (XMR) ...
Bitcoin Cash (BCH) ...
NEO (NEO)
Binance (BNB)

Low mcap high risk high return coins
BitBall (BTB)...
High performance blockchain (HPB)...
Elrand



The best coin to buy in 2020 is Dash. This is not just my favorite coin but it is one of the coin that is really profitable if hodl.

These cryptocurrencies are also food for investment in 2020:
Ripple
Doge

Investing in litecoin, zcash and monero is also not bad.

We should know that low market cap coins are more risky in bearish market and also more profitable bullish market.
Post
Topic
Board Trading Discussion
Re: handling bitcoin volatility
by
CoinBitCoinMoney
on 08/01/2020, 22:04:06 UTC
Everyone who has ever traded for more than a couple of hours have had episodes where their trades are wrecked because of bitcoin volatility reflecting on the whole market.

What tips do you guys have regarding protecting yourself from bitcoin sudden moves?

Day trading is very risky, although, could be very rewarding and profitable. The market will always be volatile. To minimize the risk, you can try swing trading. I have tried it for over two years now and it is better.
Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin have a price increase before the halving like we saw in 2016?
by
CoinBitCoinMoney
on 08/01/2020, 15:51:43 UTC
In 2016 the halving was early July.  Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

Before the previous in 2016, but market has started and the price of bitcoin increased. So, the tendency that the past would repeat itself is likely but not 100% certain.

But it is certain that holders will not lose but gain profit at later months after halving if at all the bull does not start early. So, what matters most is the bull run to start this year so investors can profit.
Post
Topic
Board Economics
Re: Stable coins massive development and USA dollar
by
CoinBitCoinMoney
on 07/01/2020, 08:33:56 UTC
If they Plan to kill and drop the USA dollar then why they work with so many USA dollar based stable coins like usdc thether and pax....

How does it make any sense? 
They say that world Elite Plan is to destroy the USA dollar but the Same time all the big guys working on USA dollar token based stable coins?



Is that means the collapse and crash about USA dollar is hoax? 

US dollar is one of the strongest world currency, it is even the most recognized and that is why stable coin mimic dollar to an extent. Despite this, this can not cripple dollar, not possible this time or in future. Dollar is also and always stronger than any stable coin.