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Showing 20 of 35 results by MyCoin8
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Topic
Board Economics
Re: Charity Accepting Bitcoins?
by
MyCoin8
on 10/09/2018, 21:59:38 UTC
Giving financial assistance for charity is a very good thing everyone should imbibe. Even if it means using Bitcoin, it is fine as long as they can manage Bitcoin related activities.
Post
Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
MyCoin8
on 10/09/2018, 21:55:54 UTC
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
The banks are already under intense pressure as a result of the growing acceptance of Bitcoin and cryptocurrency. In order not to loose out, they may offer Bitcoin deposits in future.
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Topic
Board Altcoin Discussion
Re: Worried about Crypto currency future
by
MyCoin8
on 10/09/2018, 21:53:43 UTC
What do you thing, where crypto currency is going? Do you think this is end of crypto?
There is no way cryptocurrency will come to an end as long as it is something involving money. The huge money profits in cryptocurrency will forever make it attractive and marketable to everyone.
Post
Topic
Board Bitcoin Discussion
Re: INVEST AND DON'T HAVE REGRETS !!
by
MyCoin8
on 10/09/2018, 21:49:02 UTC
People are always fund of making regrets when a decision they took did not go in their favour. But if it was to be in their favour, they tend to praise themselves. Whenever you make an investment in cryptocurrency, assume it to be the best decision irrespective of the later outcome.
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Topic
Board Altcoin Discussion
Re: what makes you trust a new altcoin?
by
MyCoin8
on 10/09/2018, 21:46:34 UTC
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
Don't believe everything you see on the company pages. Ensure you do your own thorough research about the altcoin. Analyse carefully the white paper and the team.
Post
Topic
Board Bitcoin Discussion
Re: Digital money or virtual currency?
by
MyCoin8
on 10/09/2018, 21:44:23 UTC
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
You don't have to worry too much about their perception for now. One day, they will be the ones running to Bitcoin and other cryptocurrencies. It is the same story in almost every country.
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Topic
Board Altcoin Discussion
Re: encourage others to crypto
by
MyCoin8
on 10/09/2018, 21:41:07 UTC
Will you encourage others to invest in crypto and explain to them that this is not a scam or a pyramiding activity?
This has become one of my greatest task since fully involve in cryptocurrency. So many people still believe it to be a scam. But I have always tried convincing them otherwise.
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Topic
Board Economics
Re: War on cryptocurrency!
by
MyCoin8
on 10/09/2018, 21:37:54 UTC
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
There is no longer much war with cryptocurrency like it used to be. A lot of countries have made a u-turn on their previous decision to ban cryptocurrency. Most governments such as Venezuela have even embraced it.
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Topic
Board Bitcoin Discussion
Re: Is the world ready for cryptocurrency?
by
MyCoin8
on 10/09/2018, 21:35:25 UTC
Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.
Not every part of the world is ready for cryptocurrency. In fact, it is just few countries that you can actually use cryptocurrency like Bitcoin to make purchases just like a normal currency.
Post
Topic
Board Service Discussion (Altcoins)
Re: Airdrops are worth it !!!!
by
MyCoin8
on 03/09/2018, 17:52:54 UTC
Lately I have seen a lot people complain about fake airdrops or low profitable airdrops
But in reality Airdrop have been worth it; if you can make your research and improve your standard

Recent airdrops such as Fresco, Helbiz, Nobs Crypto, Kanade,  have been hitting up the exchanges with fair and profitable prices

Which is telling us that Airdrop is Alive
I don't believe airdrops really worth it. I have done so many airdrops, they all end up being fake and scam. There is no need for airdrops. Bounty is the best.
Post
Topic
Board Bitcoin Discussion
Re: I wish! I wish!! I wish!!! Stop always wishing You bought Bitcoin in 2009.
by
MyCoin8
on 03/09/2018, 17:12:07 UTC
I think this issue of I wish followed by regrets is very common with every cryptocurrency investor. There will always be some point you will regret after missing to buy at a cheap price.
Post
Topic
Board Bitcoin Discussion
Re: Just got a little extra money and want to invest in crypto, should I?
by
MyCoin8
on 03/09/2018, 17:07:18 UTC
Hi I just got some extra money and I'm looking to invest, I want to invest in BTC but the price is too high for me,  what do you think will be the next BTC
one you can buy low and make a good profit when it burst?


This is very good. Such extra monies at times are very nice. You can invest it in Ripple. The price of ripple is very low now so you will buy larger quantity than BTC.
Post
Topic
Board Economics
Re: Wise thing to do with your savings.
by
MyCoin8
on 03/09/2018, 17:01:19 UTC
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
In my own opinion, I would rather suggest you to split the savings amount into two. One part for the real saving that will never be touched, and the other half for cryptocurrency investment.
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Topic
Board Economics
Re: Cryptocurrency is a trending topic all over the world?
by
MyCoin8
on 31/08/2018, 00:57:07 UTC
I agree that cryptocurrency is a trending topic everywhere. A lot of people have continuously asked questions as to what the new technology is really all about. So much discussions about it.
Post
Topic
Board Altcoin Discussion
Re: Bounty Hunters Dump Always?
by
MyCoin8
on 27/08/2018, 15:04:57 UTC
A lot of bounty hunters dump their coins and move on to another project which is very bad. It sometimes affect the prices.
Post
Topic
Board Bitcoin Discussion
Re: Only 16.7 million Bitcoins in circulation?
by
MyCoin8
on 27/08/2018, 14:52:30 UTC
The whole world population must not own Bitcoin at the same time just as you don't the whole world owning dollar. It can always be passed on from one person to another in form of exchange for goods or services.
Post
Topic
Board Economics
Re: What are your plans for the next 5 years in Finance?
by
MyCoin8
on 27/08/2018, 14:42:44 UTC
I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
I hope to set up my own businesses as a result of the income I must have made from cryptocurrency from this period till then.
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Topic
Board Altcoin Discussion
Re: Emotions can hinder our success!
by
MyCoin8
on 27/08/2018, 14:33:56 UTC
It is quite difficult to separate emotions from cryptocurrency investments. People will always have this emotional feeling when the prices are dropping, and may want to quickly sell to save themselves from further losses.
Post
Topic
Board Altcoin Discussion
Re: How to Choose a Good ICO
by
MyCoin8
on 27/08/2018, 13:42:21 UTC
Hi guys, there are so many ICOs, such as those listed in https://www.coinschedule.com. It's pretty hard to review them one by one.

Which elements I need to consider, the team? the product? the promoting technology? or something else?

Thanks for any suggestions Smiley
Yes, the team of the ICO project is the most critical thing you must consider even before reading the white paper. If the team is real with a credible profile, then you can invest in it.
Post
Topic
Board Altcoin Discussion
Re: Should I invest in BTC, Altcoin, or ICO
by
MyCoin8
on 27/08/2018, 13:18:22 UTC
There are so many New ICO's these day ? Is that safe to invest in ICO ? any 1 invested in 2018 ? 2017 was the year of ICO's but is that still safe to invest ? or how to know which ICO is good to invest ? like GIG9, Eligma, Medicalchain, Trustedthealth
It is a very advisable thing for you to invest in the three different categories you have mentioned. BTC, alts and ICOs. It is a diversification strategy.