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Showing 20 of 28 results by Darkrulerx
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Topic
Board Bitcoin Discussion
Re: What should I invest into?
by
Darkrulerx
on 24/11/2017, 10:57:35 UTC
I think invest in bitcoins buy a couple or at least 2 this way you can invest 1 into other altcoins and 1 you just save i would suggest to invest in the top 25 altcoins because those are the ones who will be safe with you anytime.
Post
Topic
Board Economics
Re: panic selling
by
Darkrulerx
on 24/11/2017, 10:53:58 UTC
bitcoin prices fly high to the moon, may be affected year-end. well, buying bitcoin now would be a good thing. most likely the bitcoin price will rise again. and of course pass the $ 8500 price in the near future. but, in addition, many people are afraid of the dump of bitcoin prices, so many people are selling panickedly. but, for the time being, it has not been too self-conscious.
Panic selling or in other aspect has nothing to do with our life, the successful person patiently wait for their right time to be rich or to earn, if we are afraid to hold our bitcoin for long and easy to sell just because the price goes down which is normal in any trading, then, nothing would happen in our life.

Sometimes panic is the biggest scourge for a trader right ? we all know that the key in getting profit in the trade is patient and not panic but sometimes in real trouble we sometimes panic and harming ourselves, a few days ago I bought ETH at the price 0.046 btc and unfortunately after that the price drops to 0.043 and does not go up in a few days and that's what makes me panic and then sell it and you see the price of ETH is currently up and I lose much money, sometimes we know to not do panic but sometimes circumstances forcing us to panic, isnt it ?
Panic selling is just normal in this kind of market but once you done it then don't do it again because it will just lead for the same result and that is losing money and opportunity. Take all your mistakes as a lesson to make better decision in the future. If you will not do panic selling again and only sell your coin in the right price or on the price that you want to sell then you will earn more money or profit than before.


In whatever situation, panic decission is often leads to misfortune, so always compose yourself and keep an alert and vigilant mind. In selling btc for example, do not just sell but always update yourself with the latest trend and price in the market. Analyze charts and always safeguard your decissions with knowledge and cleverness.
I agree with you panic decisions are always a bad choice to go for because it is very hard to know and understand when something goes down what to do then you think you lost everything because it went down but you forget it can go up.
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Topic
Board Bitcoin Discussion
Re: In what situation would Bitcoin die?
by
Darkrulerx
on 16/11/2017, 11:25:52 UTC
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

It's not possible for bitcoin to die but let's suppose how it might happen.
-If the miners somehow stop mining.
-If someone hacks into the bitcoin network.
There are many others ways but these are enough for this topic

Bro, your answer makes no sense.

First you say it is not possible for Bitcoin to die.

Then you say "let's suppose how it might happen".
Right on the spot mate. It really is sound confusing in the sense that you agree that Bitcoin would not die because of some reasons and then at the end you will say, that let's think how it might happen? But then again if you would read it as understandable as you could be it goes something like this:

"It is not possible for bitcoin to die, but let's think how it might suppose to happen."

Something like that, I guess.
Well i think he means bitcoin can die but he just not want us to feel bad that is why he is telling it that way and also i personally think that bitcoin can die if everyone started earning bitcoin instead of working this way the government will try their best to shut bitcoin down.
Yes but even if the government wants to shut down bitcoin or even ban it from the country do you think the users of bitcoin will actually let that happen there will be protests against the government and no government wants that to happen.
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Topic
Board Economics
Re: Is it better to save money or invest it?
by
Darkrulerx
on 16/11/2017, 11:21:05 UTC
I prefer to invest money because i would rather like my money to grow like a child instead of being the same after 10 years of just saving it with myself so i would rather prefer to invest money in bitcoin or even in other altcoins that i like.
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Topic
Board Bitcoin Discussion
Re: How much risk in bitcoin investement ?
by
Darkrulerx
on 16/11/2017, 11:17:38 UTC
I do not think that it is a lot risky because the only thing you want to have with it is to make profit but you do need to ware about fake wallets and fake coins promoting themselves we cannpot do a lot about it because it is mostly anonymous.
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Topic
Board Economics
Re: crypto is the future, make money of it
by
Darkrulerx
on 16/11/2017, 11:12:40 UTC
I will totally agree with this sentence because it actually is the future and we actually need to make money of it because we started this early with crypto we will have more benefits for ourselves in the future and we could help our family and friends become very rich.
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Topic
Board Bitcoin Discussion
Re: Saving Bitcoins for your Children.
by
Darkrulerx
on 16/11/2017, 11:08:46 UTC
in order to better our children life when they grow up, we have our duty to earn and save our money for our child, so investing in bitcoin as a second income is a great idea, may be we dont have to save too much bitcoin, but just little and keep it safe in our wallets and wait until the day bitcoin price get high enough, bitcoin profit may very big.
Agreed! The way bitcoin market’s price is increasing with each passing day, there is hardly any reason to deny this fact that if you are going to have bitcoins in your wallets in order to have better future for your children, then you are actually on the right track. Bitcoin is very much capable of meeting all your needs may it be anything. It will help you in much better way as you are expecting out of it.

True, If you do this the price of bitcoin will surely increase in the future so your children will have a way better life than yours. Working now 24/7 and pay taxes so instead they can live their lives.

I will do this like this because i know that life can be hard so I try to save up my coins.
I agree with you i will follow this advice too and do something with it also i have already start saving some bitcoins for my children and i am ready to give them when they are old enough till that time the wallet is getting bigger and bigger.
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Topic
Board Economics
Re: crypto is the future, make money of it
by
Darkrulerx
on 14/11/2017, 15:31:33 UTC
Yes i agree with you we need to make a lot out of crypto because we will use everything that we make now in the future i would say that bitcoin will be in the future as the almighty number one crypto currency but i am not sure for how long it will be.
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Topic
Board Bitcoin Discussion
Re: What to do with the people who don't like Bitcoin?
by
Darkrulerx
on 14/11/2017, 15:27:20 UTC
Nothing it is good for us i always say that we have more bitcoins than if after a while you become millionaire they will come to you and ask you how and then you tell them thanks to bitcoin and then they will regret the choice they made earlier.
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Topic
Board Economics
Re: BTC is a roller coaster
by
Darkrulerx
on 14/11/2017, 15:23:13 UTC
Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?

  For me, Yes bitcoin is dropped too far and i think it would not expecting by many traders, but i think soon the price will be back to the price before and we can hope that the price will be increase more. i think its normal that we have seen this situations because bitcoin itself is volatile and we can not predict when its down and when its up... And I also say ,Yes,bitcoin is a decentralized currency uncontrolled by any one.Unlike gold,whose price is controlled by world gold council,bitcoin price fluctuates as per increase and decrease of demand for bitcoin.Bitcoin is definitely like a roller coaster.When its price increases,its investors get happy and when its price decreases,investors feel sad ...
I think most of the trader and bitcoin investors who's been with the journey of bitcoin already expected that bitcoin will fall after the hardfork but bitcoin managed to go up again may not be as highest as it was when it made ATH but the increase is still good after that drop.
That is when you are wrong Segwit2X didn't even happened yet the price of Bitcoin dropped. The price changes of Bitcoin is not always due to Forks as their are many factors that is being used as a catalyst or driver that makes the price of Bitcoin be played by traders. Of course they are also the ones who are making the unstable price of Bitcoin.
I agree with you it is not only changed by the fork but also other options i am new but even i found it weird what happened in the last days also the fork is 16 november so it is still coming it was attacked 2 days ago and it still lives.
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Topic
Board Off-topic
Re: What wallets do you use?
by
Darkrulerx
on 14/11/2017, 15:17:58 UTC
I use blockchain wallet and myetherwallet i prefer blockchain above everything because it is so secure it cannot be hacked you first need to verify through your email then verify through an sms then open the app and login and finally then you can see your wallet.
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Topic
Board Economics
Re: Difference of Trading and Investing?
by
Darkrulerx
on 14/11/2017, 15:13:43 UTC
I will say the same as always trading is better if you want to make more money and faster but it is harder than just investing and you learn a lot more trough trading than just trough investing you only focus on the coins you invested in.
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Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
Darkrulerx
on 14/11/2017, 15:09:37 UTC
Hi guys Smiley May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?

I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?

i want saving bitcoin for my children, buy house with bitcoin, open busnisse with bitcoin accept bitcoin in my store or busnisse. and now i use bitcoin to buy my daily needs

Great, My planed also with my bitcoin is to use for my future needs of my family, I just have to save more bitcoin now because we all know that bitcoin will become powerful in the future, I want bitcoin to help me achieve all my dreams in life.
Same goes for me i want to use the money to build up a house and a car so that my family can be save and be happy i think the most of us are here because of our family's we want them to have a good future and not like us a bad thing.
Yeah i think we all have that same thing for all of us because we all want to take care of our family also but i actually am very young so i do not focus on that much and i want to enjoy my life with the money i made from here like go on a world tour or something like that.
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Topic
Board Economics
Re: Do you think billionaires invest in BTC?
by
Darkrulerx
on 13/11/2017, 09:21:09 UTC
Yes billionaire's do invest in bitcoin because they have a lot of money and they do know how it all works and some people are even millionaires because of bitcoins lets take for example mcafee from mcafee antivirus he is all what he is thanks to bitcoin.
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Topic
Board Economics
Re: Long term OIL
by
Darkrulerx
on 09/11/2017, 09:56:29 UTC
Yes it is an investment like long term oil i would suggest that people who are investing just keep them keep your oil because when a lot of buyers will come to you that oil will be sold in huge amounts and you will get a lot of it.
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Topic
Board Bitcoin Discussion
Re: How much risk in bitcoin investement ?
by
Darkrulerx
on 07/11/2017, 10:55:26 UTC
With investment money in bitcoin is risky, certainly bitcoin we drop by up to 100% because even lost stolen hackers, there is no guarantee bitcoin system of safe from thieves.
Can't your fiat money be stolen ? Or your investments in stocks/bonds are coming with zero risk for your money ? Bitcoin is just another type of investment so it also comes with all usual risks typically an investment will be having.

100% drop is only possible with lost bitcoins, value will never drop that much. But, honestly compared to any other investment types like bank deposits/real estate opportunities, I believe bitcoin investment is good as it is fetching high returns in quick times and hence I am ready to bear the risks it is having.
Bitcoin has a risk but not that high for an investment because the price is getting stable now because the supply is well distributed to the new users who demanded bitcoins from an exchange. Bitcoin is one of the best investment as well as real estate investment because they are both almost safe investment for me.

Do you really believe that real estate is a safe investment? This is not entirely true. Maybe is more resistant in time but real estate follows the development and economic progress of the country which is located. As an example look the prices in UK before and after brexit.
Probably a safe investment in developing countries, Malaysia, Indonesia, some south American countries.
I met a couple once who bought a big house in Cambodia for 20 000 EUR a few years ago, now it is worth 100 000 at least.
But not everyone can invest in real estate, and for now, the profit made with Bitcoin is more interesting and obviously much quicker.
Don't be too greedy with Altcoins though (or pray you get lucky.)  Smiley 
I agree with you but it is safe for me too and we are a developed country since way back i will say it is not risky if you earn them you do not even have to invest anything at all just earn everything and you will make profit.
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Topic
Board Bitcoin Discussion
Re: In what situation would Bitcoin die?
by
Darkrulerx
on 06/11/2017, 10:15:24 UTC
In a situation where there would not be internet anymore because without internet there would be no bitcoin at all and no one would be able to earn or buy or even sell it that is i guess one of the things that would be able to kill bitcoin.
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Topic
Board Bitcoin Discussion
Re: how to secure bitcoin wallet??
by
Darkrulerx
on 26/10/2017, 09:52:22 UTC
Just make a online wallet, they will have your private key stored in a safe place. It not so easy to hack a site so you will have less chance to be hacked.

If you have a locally stored wallet they can easily hacked by a wallet stealer. If you download things on the internet there could be a wallet stealer so they can steal it.
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Topic
Board Altcoin Discussion
Re: What is the best altcoin to buy?
by
Darkrulerx
on 24/10/2017, 14:39:28 UTC
Im thingking what is the best alcoin to buy and give good profit before the year end?

I will suggest that Ethereum would be the best choice. Ethereum is the most popular cryptocurrency at present after bitcoins. Also with a market capital of 40 billion dollars it has one of the strongest development teams. Being one if the most popular cryptocoins available in the market right now, there are good chances that Ethereum will be $500 by the begining of 2018. It already has proven a track record of tested technical ability to handle programmatic crisis mid flight.
Why would it go up to $500 in 2018?That's almost doubling the current value? 

Yes, but you most know that all coins are unstable. It can rise very high like bitcoin was 4900 dollars worth a month ago now it was nearly 6100 dollars. You can see the difference.

I think this is possible because of that all coins are unstable. It can rise and fall up hard. You never know when.
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Topic
Board Bitcoin Discussion
Re: What if, we advertise bitcoin on T.V.?
by
Darkrulerx
on 23/10/2017, 09:02:54 UTC
If we advertise on the tv. More old people would be interested in bitcoin i think. They would than join using bitcoin. They will have to learn but they will make money out of it.

We need to set a tutorial for them to make it easier if we want to make bitcoin popular and worth more. We should definitely do this.