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Showing 20 of 42 results by Honuandhonu
Post
Topic
Board Economics
Re: What is the best Cryptocurrency to Invest?
by
Honuandhonu
on 10/08/2018, 16:52:57 UTC
Invest in top 10 coins when the market is low and stay safe, I'll advise this to any beginner or person who doesn't have any knowledge about the market.
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Topic
Board Altcoin Discussion
Re: My Future in Crypto
by
Honuandhonu
on 10/08/2018, 12:28:14 UTC
Well in crypto you can only have 2 way future, whether you became successful or became very poor person. In crypto there are lots of risk but that risk can also be the reason for you to be successful, its very unpredictable

Haha.
This is actually the best answer, there's only two ways either get rekt or get rich.
And I really think the 2nd option is so few.
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Topic
Board Altcoin Discussion
Re: Are bounty managers to be blamed?
by
Honuandhonu
on 07/08/2018, 19:51:28 UTC
It is not easy for Bounty managers  to predict scam. It is better to talk to Bounty manager ad make a solution by which you can contact team of ICO , if it is scam then take help of bounty manager and raise voice against ICO team.

Exactly, its up to us whether to make a good amount of research before jump into any project or just rush after every project out there.
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Topic
Board Altcoin Discussion
Re: Patience is the key
by
Honuandhonu
on 07/08/2018, 19:47:28 UTC
I'm pretty sure that people in this crypto world understand it by the hard way, when people start at the early stage gets panicked when the see a dip and lose their minds.
Not to mention I've been in the same situation and my new mantra is PATIENCE IS THE KEY.
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Topic
Board Altcoin Discussion
Re: Your opinions on all the Bitcoin forks
by
Honuandhonu
on 07/08/2018, 19:42:42 UTC
In my opinion most of the bitcoin forks are just crap with nothing new invention or scalability so I would rather go after good alts than those crap forks.
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Topic
Board Altcoin Discussion
Re: Do you keep all your bounty coins or you convert some to ETH and BTC?
by
Honuandhonu
on 03/08/2018, 10:43:04 UTC
It depends on the project and many other things, when I see the tokens distributed by the bounty is worth holding then it's a must choose option in the other hand I sell half and keep half.
Post
Topic
Board Trading Discussion
Re: How to learn cryptocurrency day trading!
by
Honuandhonu
on 03/08/2018, 10:31:18 UTC
Try to invest at the very low price with btc or altcoins and check if it is rising,  when it rise you are already earning. Your earnings varies from your capital and from the price of your coin. You will lesrn more from trying hard on how to trade but do not get panic when the price goes down.

Thank you for the advice and I'm trying to do the similar thing which you guys have suggested, sometimes I win some and sometimes lose but I'm not gonna leave, I'll learn more and more each day to commit less mistakes next time.
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Topic
Board Bitcoin Discussion
Re: Is it my impression or media is biased towards bad news ?
by
Honuandhonu
on 02/08/2018, 02:59:59 UTC
Do you think the media is trying to destroy Bitcoin and cryptocurrency ? I think they show 95% of the times only bad news. Why is this happening ?
Yeah. I've noticed that too, media is biased towards bad news related to cryptocurrency.
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Topic
Board Trading Discussion
Re: HODL vs Day trading
by
Honuandhonu
on 01/08/2018, 16:16:27 UTC
Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.

Holding is a good strategy but long holding is sometimes risky and I've learnt from that😂

Sometimes you've to determine whether to sell or hold again.
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Topic
Board Trading Discussion
Re: How to learn cryptocurrency day trading!
by
Honuandhonu
on 01/08/2018, 16:08:55 UTC
I think day trading is not something that can be learnt because in a day the price fluctuations are not based on something logical, it can be pumped and dumped easily.

I think this pump and dump only happens for few reasons that are,

Lack of regulations.
Low liquidity in the market.


Let me know what you think about it.
Post
Topic
Board Economics
Re: Does engaging with bitcoins put you at risk?
by
Honuandhonu
on 28/07/2018, 18:16:25 UTC
You need to understand first thing that is every investment you make has some risks to some extent, some have much some have less.
Bitcoin or whole crypto place is highly volatile so you are putting your money on something which is a bit risky, but there's a saying no risk no gain, think about risk vs reward.
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Topic
Board Bitcoin Discussion
Re: Do you think Bitcoin will become the first world currency for buy and sell ?
by
Honuandhonu
on 28/07/2018, 03:13:31 UTC
Bitcoin has the every potential to be a payment option in the future we just need more people to adopt it as a payment system and need more scalability.
Post
Topic
Board Trading Discussion
Re: How to learn cryptocurrency day trading!
by
Honuandhonu
on 27/07/2018, 18:11:42 UTC
I would recommend you to follow @philakonecrypto at Twitter. He published a lot of tutorials about trading basics, all of them for free.

In general: Daytrading is a beast, as a newbie you will lose a lot of money in the beginning ...

Followed him on twitter and been watching his tutorials and I've to admit those are quite helpful, thanks for sharing the information.
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Topic
Board Altcoin Discussion
Re: Don't hold Bitcoin for long time.
by
Honuandhonu
on 27/07/2018, 15:10:14 UTC
Holding bitcoin isn't such a bad idea though, I'd rather say holding bitcoin can bring you profit when the price of bitcoin rises, then you can buy plenty of cheap altcoins from your watch list.
Post
Topic
Board Legal
Re: Money laundering via BTC
by
Honuandhonu
on 27/07/2018, 03:28:11 UTC
Yeah. Offcourse this is happening and there's very few chances to locate this kind of activity, some regulations are needed to stop this kind of activity.
Post
Topic
Board Altcoin Discussion
Re: Patience is the key
by
Honuandhonu
on 27/07/2018, 02:06:29 UTC
I personally believe this too that patience is the key to everything especially in crypto world.
This is not a lottery and doesn't make anyone rich overnight, takes time and patience is all we need.
Post
Topic
Board Trading Discussion
Re: How to learn cryptocurrency day trading!
by
Honuandhonu
on 26/07/2018, 12:45:58 UTC
Now many financial traders publish their books with a variety of trading strategies and tips. Try to read the book of Larry Williams. She helped me a lot.

Thanks I'll surely have a look, I'm right now a bit busy with my works, as I get the chance I'll again start to learn about the trading 😁
Post
Topic
Board Speculation
Re: Bitcoin rise altcions fall!
by
Honuandhonu
on 26/07/2018, 12:43:12 UTC
After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

I think this is going to stay for a while until the ETF news comes out.
Post
Topic
Board Trading Discussion
Re: How to learn cryptocurrency day trading!
by
Honuandhonu
on 22/07/2018, 16:27:01 UTC
I would like to thank everyone for sharing their thoughts and knowledge, I would surely study the markets and charts to understand it better and I'll try to start trading
When I'll have enough knowledge.

Thanks to each one of you for your support and response.
Post
Topic
Board Trading Discussion
How to learn cryptocurrency day trading!
by
Honuandhonu
on 17/07/2018, 02:15:14 UTC
Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.