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Showing 20 of 21 results by Kiresiura
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Topic
Board Altcoin Discussion
Re: How do you feel about market recovery
by
Kiresiura
on 14/01/2023, 05:50:26 UTC
Hello dearies!

Something came into my mind and I decided to asked here to see the mind of everyone here towards the market.
Few days ago, there have been a sudden change about the entire crypto market which gradually drive bitcoin from $16k to $19k plus, could it be that the bull has started this early year without getting into the bitcoin halving or could it be there is a positive news concerning there entire cryptos?
There are lot of post I have been reading all this while the majority of them were pointing out to be after bitcoin halving.

Just one last more,  how do you feels with the market? Do you feels you have been left out or possibly you wanna make a turn to buy now since it hasn't touched $20k yet?

Please don't find my post as annoying because I m also learning which I strongly believe I will know more better as time comes.

You can table out your opinion.
It's good to see an uptrend in the market, not every uptrend means the start of a bull market. Now is still a good opportunity to accumulate more. Not yet enough to draw conclusions about a market recovery.
Post
Topic
Board Bitcoin Discussion
Re: What are your wishes for BTC in coming years?
by
Kiresiura
on 13/01/2023, 08:39:59 UTC
The future of Bitcoin is full of hope. Hope to see more people using Bitcoin and more countries accepting it. At the same time, I also hope that the value of Bitcoin will increase, and I can get benefits from it to realize the freedom of wealth.
Post
Topic
Board Trading Discussion
Re: Trading With Borrowed Funds!!!
by
Kiresiura
on 13/01/2023, 06:57:34 UTC
It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?
Trading is inherently risky, and trading with borrowed money is risky as well. Cryptocurrencies as a whole are volatile and in a bear market right now, no one can predict when the market will turn around. It is also difficult to be able to turn the borrowed self into profit, and even end up losing more.
Post
Topic
Board Altcoin Discussion
Re: Free crypto possible ? Or impossible?
by
Kiresiura
on 30/12/2022, 05:48:09 UTC
So is there any Free crypto coins tokens ?
Like Youtube is full of videos but non of them brought to me Free crypto.
Can any legit old member enlight us here from where we get the Free crypto.
We have try faucets but it's waste of time.

So many newbies Also want to know how to get crypto for real ?

And we want instant payments into our wallets not like the faucets doing it we have to wait month before we can withdraw 2$ into our wallets.

So IS there any sure way to get some Free airdrops instant please dont suggest those here who might pay maybe not Im Looking for sure deals.
There are free airdrops for cryptocurrencies, but most of them have no real value. Nothing is free in this world, never try to get free cryptocurrency.
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Topic
Board Bitcoin Discussion
Re: Bitcoin isn't dying, it's alive.
by
Kiresiura
on 29/12/2022, 08:12:00 UTC
We can see the price of Bitcoin is going down gradually but no one wants to understand it depends on your stock market it is also a digital currency through digital transactions and it is currently in bad condition Elon Musk said in 1 reply on Twitter.  Bitcoin is as cold as winter you have to wait for this of course bitcoin price may go up at the end of this winter so be patient everyone.  So if we all wait and if we all hold on to what we have, it's going to get $30,000 to $40,000 by the middle of the year and get to a very good price and it could get to a hundred if we hold it tight, so everybody's disappointed.  Let's save Bitcoin by holding instead.
Bitcoin has existed and will always exist. To continue to believe in BTC, invest and accumulate as much as possible during the bear market, and the price will definitely get higher and higher as the supply decreases. Funding will double after crypto winter is over.
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Topic
Board Economics
Re: Saving one third what you earn monthly is not that hard, isn't it ?
by
Kiresiura
on 29/12/2022, 07:29:29 UTC
If you are in twenties or early thirties and remain single, earn $3,000 after tax per month, you will probably save $1,000 if you, let's say, spend $500 to $800 on rental, a guest bedroom in a shared house/apartment, $500 on food, $50  on utilities, $150 on phone/internet bills, $400 on commuting costs or gas/maintainance if you have a used car, $200 on occasional entertainment or others. This $1,000 savings will allow you to invest or place a house down payment when time is ripe. Is this possible based on where you live ?
It depends on each individual's income conditions and lifestyle. Some people make money because they want to live a luxurious and comfortable life now, while some people really want to save money for the future for a long time.
Post
Topic
Board Bitcoin Discussion
Re: Will there ever be any safe centralised exchange ?
by
Kiresiura
on 26/12/2022, 05:47:24 UTC
I was wondering if there could still be any safe centralised exchange in the blockchain industry. Of lately lots have been unveiling itself and centralisedexchanges are at the end of it all.  Does it mean that these centralised exchanges that are in existence lacks the capability to safeguard assets and funds after attracting investors and traders to their platforms for engagement and activities?
 How do you explain these things to the people whom have entrusted their funds and assets to you for safe keeping hoping that what they gave to you is under safe care only to wake up to a sad news of their assets being stolen by hackers. How do you explain all these.

At first identifying the problem is a basic course for rendering solutions. If these problems are not identified immediately by the exchanges for quick remedy then who's to be blamed for it. Do they really do constant check on their service to know their lapses, if they do, do they identify it immediately with utmost attention? Do they do a constant check and evaluation on their staff and  mechanisms.

With all these said, what are your opinions on this subject matter as I feel this needs to be looked into for possible measures to be taken for  so as to further prevent or minimise the rate at which exchanges get hacked or being careless with investors and traders funds.
Any exchange is risky, even if it is subject to strict scrutiny by regulations. Do not trust anyone and exchanges in the crypto market completely. Hackers are always trying to hack exchanges to get funds, so keep funds as safe as possible in your own wallet.
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Topic
Board Altcoin Discussion
Re: Why you should be very careful with alts
by
Kiresiura
on 24/12/2022, 08:25:45 UTC
Many projects in the crypto market are unreliable. Many altcoins that start off as quick profits to attract more investors turn out to be scams.
It is imperative to carefully research your options before investing in altcoins. To avoid bigger losses it is better to turn your attention to Bitcoin.
Post
Topic
Board Bitcoin Discussion
Re: Are the Whales Control bitcoin price?
by
Kiresiura
on 12/12/2022, 03:43:46 UTC
we all know no one can controls the bitcoin price because bitcoin isn't like bank, stock and valas. but if the whales owned 51% of bitcoin, can do it?. if happen, does decentralization not exist?
Bitcoin price depends on many factors. Because bitcoin is decentralized, no one can control the btc market, even if they own 51% of bitcoin, although it is impossible for someone to own half of the circulating supply. Whales can try to manipulate the price by trading bitcoin, but they can never control the price of bitcoin.
Post
Topic
Board Economics
Re: Use your money wisely. Invest or Deposit ?
by
Kiresiura
on 12/12/2022, 02:39:32 UTC

Diversify your money and don't put it all into the bank or in bitcoin to be safe. But if you already have this money, I think you'll be thinking of the high-risk one, which is bitcoin, because you need the money for investment as you are already settled. This is where you can see if you can handle well your money in investments. It is also best to deposit it in the bank since I am sure you'll need it in the future, and the other money is to buy it a bitcoin, then hold it for a few years, or check the price weekly to see how the price is going.

Don't put all your money in one area, spread your assets, bank your savings and diversify your investments. It is wise to invest to find ones with higher returns. Investing in cryptocurrencies is risky, and although Bitcoin can be more profitable, it requires long-term holding to obtain high profits. When Bitcoin falls, profit from the bank's fixed interest rate, and when the price of Bitcoin rises, you can see a higher return on investment.
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Topic
Board Bitcoin Discussion
Re: Banks do not want bitcoin to become popular
by
Kiresiura
on 10/12/2022, 06:56:08 UTC
I came across this news on CNBC where standard chartered bank claims that bitcoin will reach 5000$. Being a bank, this can be their wish and not a reality. Banks do not want bitcoin to become popular and therefore they spread this negative information so people panic sell and do not adopt bitcoin.  Sad

What do you expect, Bitcoin is a threat to banks and they know this so just like how other establishment will react when they find something threatening their existence, so have the banks reacted. The banks knows in just few years people will no longer trust them to store their money in banks that only use that money to borrow others and make themselves rich while giving the real owner of that money nothing in return instead they use charges to make the user get less.

Our mobile app are becoming even more reliable than the banks and with the development of Bitcoin we can now have full control over our money. The banks knowing this is a threat to them will always bad mouth Bitcoin in trying to get people to consider than risky and harmful.

The banking system and Bitcoin are in a competitive relationship, and the existence of Bitcoin will pose a certain threat to the banking system.
Banks spread negative news about Bitcoin to make people fear Bitcoin because they will fear that Bitcoin will become more popular and it will not be good for their business and interests.
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Topic
Board Altcoin Discussion
Re: Trading Crypto With a Job..
by
Kiresiura
on 10/12/2022, 05:43:23 UTC
The market is volatile and unstable, and there is no guarantee that the transaction will always be profitable. Choose a combination of work and trading, manage the time of work and trading correctly, and make long-term transactions in your free time. Trading can't be profitable all the time, secure a regular income from a steady job to have enough money to trade and hopefully profit from both.
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Topic
Board Altcoin Discussion
Re: Elon Musk says the price of BTC will rise
by
Kiresiura
on 02/12/2022, 03:37:24 UTC
Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.


He spreads manipulative statements about cryptocurrencies mostly for his own benefit. We do not know when the winter will end, when the cryptocurrency will increase again, and there is no estimated time of arrival.
I hope the price of bitcoin will go up, all that is needed now is to accumulate more bitcoins and wait patiently for the price of bitcoin to reach the desired price.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoins future is Bright
by
Kiresiura
on 02/12/2022, 02:47:35 UTC
The future of Bitcoin is bright. People seem to have realized how important Bitcoin is as a part of assets, and many people have begun to understand and invest in Bitcoin, and there are more and more Bitcoin users.
There are now more and more businesses accepting bitcoin payments, and even some countries have adopted bitcoin, increasing its usage and popularity, which is also beneficial to the future development of bitcoin and the entire cryptocurrency.
Post
Topic
Board Altcoin Discussion
Re: Do not believe every crypto news you read online
by
Kiresiura
on 02/12/2022, 02:03:58 UTC
This kind of strategy can only attract the desperate newbie investors that do not have split idea or knowledge about how the crypto market works with the ways people are using different strategies to hype a particular crypto project to being investors. Anybody can use this strategy but we just need to be very careful so that we don't fall victim to the wrong project that will make us lose big funds.

If we want to be a good investors then we need to keep doing research so that we will not easily for cheap to projects that have less market volume. There are so many ways to get this done, either by asking a pro investor or taking our time to get more information about a project.

Indeed. Not all news will provide us with the correct information, and many are intentionally falsely advertised and marketed to attract investors for their own benefit. Now that the online world is very developed, we need to be vigilant in the face of more news, not to rely too much on the news media, but to try to do our own research and make wise judgments to determine whether the news is true and reliable.
Post
Topic
Board Trading Discussion
Re: trading is good for traders with passive mindset
by
Kiresiura
on 15/11/2022, 02:08:14 UTC
I think it is more beneficial for traders to have a positive attitude and patience. Trading accurately is relatively difficult, and it takes a lot of time to learn and a broad knowledge of the industry. Only those who have the experience and knowledge of the market to trade for a long time, who can correctly manipulate the coin holdings during the market downturn, and also can determine when to enter and exit the market.
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Topic
Board Altcoin Discussion
Re: Stablecoins is a good way to keep and save money or not?
by
Kiresiura
on 15/11/2022, 01:57:43 UTC
Stablecoins are not completely safe, and they also have certain risks. Stablecoins are also not suitable for long-term holding. Its price hardly changes and cannot bring any profit.
But stablecoins can play the biggest role in protecting crypto assets from volatility. It can help traders and investors to make profits in bear market. Stablecoins can be used to buy other cryptocurrencies for profit when the market price falls.
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Topic
Board Altcoin Discussion
Re: The bear market is your friend
by
Kiresiura
on 15/11/2022, 01:48:41 UTC
To everyone in crypto currency, the bear market is one market where fuds and panic triumph and reign which greatly affects the prices of crypto currency tokens, and yes some projects do not recover from the bear burdens.


While a bear market is a great time to buy, it seems to favor those who are prepared. Affected by market sentiment, most investors are now afraid to invest in new projects. They always feel that it is likely to fall again, and if they invest now, they may lose money.

[/quote]

But do you know that the bear market is a blessing in disguise for every investors that is prepared and has been waiting for the dump ? So many tokens are going to touch lower lows, and if you are prepared, you can key into this tokens and more than double your money when the bull run is here. The dump is your friend, and is a blessing if you are always ready and prepared for it.

Make sure to look into quality tokens and projects, and ofcourse dyor
[/quote]

The bear market is indeed a good opportunity to buy at a low price, and it is also wise to choose to invest in cryptocurrencies during the bear market. It almost always goes up when the bull market comes again, helping you make good profits in future bull markets.
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Topic
Board Altcoin Discussion
Re: New altcoins you can invest on.
by
Kiresiura
on 14/11/2022, 08:07:55 UTC
Buying altcoins for short-term trading is indeed a good way to make money, but investing in new projects is very risky because many new projects are not necessarily successful or are scams. Now there are many new projects that are induced in multiple ways in order to obtain more investment, and eventually become scam projects. We can't invest too much in new projects, and even if we invest, we should study them in depth to reduce losses.
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Topic
Board Trading Discussion
Re: waiting to buy lower?
by
Kiresiura
on 14/11/2022, 07:40:55 UTC
It's true that buying low and selling high is the best strategy, but few people do it. Where is the bottom? No one can know. The unpredictability of the crypto market is a fact, and the current trend may still fall. Prepare to buy with a small amount of money first, believing that the potential of Bitcoin will be profitable in the future.