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Showing 20 of 205 results by Nefarious
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Board Altcoin Discussion
Re: encourage others to crypto
by
Nefarious
on 31/07/2018, 15:37:55 UTC
I've encouraged a lot of friends & family to research & understand crypto. I wont directly encourage someone to invest as I feel that needs to be a decision they make on their own, but many of the people I have exposed to crypto have ended up investing themselves.
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Board Altcoin Discussion
Re: Patience is a virtue but how much patience do you have?
by
Nefarious
on 31/07/2018, 15:34:17 UTC
I think it's important to realise the long-term potential of cryptocurrencies & understand that this market is still in its infancy. With a long-term mindset you learn to ignore the day to day price swings. I'm willing to hold & wait for a few years, so if we're still in a bear market by 2020 then it'll be time to reevaluate.
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Topic
Board Hardware wallets
Re: HARDWARE WALLETS: WHAT IS IT FOR?
by
Nefarious
on 31/07/2018, 14:10:50 UTC
Hardware wallets are a must have for anyone with more than about $200 worth of crypto IMO. Currently they are the most convenient way to store your crypto safely.
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Topic
Board Altcoin Discussion
Re: Cryptocurrency is a bubble?
by
Nefarious
on 31/07/2018, 12:43:49 UTC
We are nowhere near a bubble IMO. The global market cap for crypto is still tiny compared to traditional markets, with so much room for healthy growth.
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Topic
Board Speculation (Altcoins)
Re: Are the bear days over?
by
Nefarious
on 31/07/2018, 12:32:26 UTC
Let's hope so! Price has been holding steady recently, so hopefully this new support level is established & we can kick on from here.
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Board Altcoin Discussion
Re: Are Cryptos finally getting stable?
by
Nefarious
on 24/07/2018, 12:58:52 UTC
I think we're still a long way away from stability. I'm expecting price volatility (both up & down) to continue for quite a while yet until the market has matured considerably more. I do have high hopes of a sustained bull rum for the second half of this year though. Maybe not as crazy as we saw at the end of 2017, but it'd be nice to have the bear market behind us for a while & creep our way back up towards ATH's again.
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Board Altcoin Discussion
Re: NEO or litecoin
by
Nefarious
on 24/07/2018, 12:54:25 UTC
Easy decision for me - NEO all the way. I just find it an overall better project with better underlying tech & bigger ambitions.
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Board Altcoin Discussion
Re: Lots of Competition in Crypto
by
Nefarious
on 24/07/2018, 12:52:22 UTC
Yeah there's a few factors at play here. After the sucess of ICO's in 2016 & 2017, I think a lot of people saw making an ICO as an easy "get rich quick" scheme. This coupled with the market pullback has meant the ICO market has become very saturated with quantity over quality & dropping valuations making it very difficult to invest in a successful & profitable ICO.
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Board Altcoin Discussion
Re: bitcoin or litecoin ?
by
Nefarious
on 24/07/2018, 12:41:50 UTC
Never really been a fan of Litecoin if I'm honest. We;re always hearing how Litcoin is supposed to be the Silver compared to Bitcoin's Gold. I'm not really interested in investing in any project that actively targeting second place.
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Board Altcoin Discussion
Re: Future of OmiseGo
by
Nefarious
on 24/07/2018, 12:38:47 UTC
It has lost a little steam but there's certainly no reason to panic. The future looks very promising for OMG, even if we have to show a little patience Wink
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Board Altcoin Discussion
Re: How to protect your wallet from hackers
by
Nefarious
on 24/07/2018, 12:34:24 UTC
The single best decision you can make to secure your crypto better is to get a hardware wallet. I know you've mentioned you wanted security advice for those who cannot afford a hardware wallet, but the wallets aren't very expensive nowadays, so if you can't afford one then the value of the crypto you are holding can't be worth much anyways.

Basic security common sense should apply always: 1. Keep your private key secure & don't share with anyone 2. take extra care when clicking on links to avoid phising sites 3. Avoid scams.
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Board Speculation (Altcoins)
Re: Has the market recovered?
by
Nefarious
on 24/07/2018, 12:16:17 UTC
It's nice to see some sustained recovery for the first time in a while. I'd anticipate a bit of a healthy pullback soon, but hopefully it's not too much & the bull run can continue Smiley
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Board Altcoin Discussion
Re: Samsung To Accept Cryptocurrencies As Payments- Good or Bad?
by
Nefarious
on 24/07/2018, 12:14:03 UTC
Any steps towards mass adoption has to be good for the overall crypto market. So yes, I'd say this is good news indeed.
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Board Altcoin Discussion
Re: Patience is the key to success in cyrpto
by
Nefarious
on 16/07/2018, 16:33:49 UTC
I certainly agree with you that patience is key! It's normally one of the first & also hardest lessons alot of us learned when we first starting trading crypto Tongue
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Board Altcoin Discussion
Re: When do you think we'll reach January 2018 market cap again?
by
Nefarious
on 16/07/2018, 16:30:43 UTC
Things can move fast in this crypto space, so who know. At this moment in time, breaking the ATH market cap looks a long way off! At a guess, i'm predicting we'll reach those levels again sometime during first half of 2019.
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Board Altcoin Discussion
Re: Is it risky to buy not top 100 crypto currencies?
by
Nefarious
on 16/07/2018, 16:23:56 UTC
There's certainly more risk, but hey theres a decent amount of risk involved in buying top 100 crypto also! Market cap is one of the things to consider, but shouldn't be the pure deciding factor on whether to invest in a crypto or not. If you've done your research & like what you see from a project outside the top 100 & you'd like to invest, then why not?
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Board Altcoin Discussion
Re: Do you feel like quitting?
by
Nefarious
on 16/07/2018, 09:50:31 UTC
Just think of it this way. The big fish want those impatient weak hands to lose their faith in crypto and sell to them at these super cheap prices. Then sometime in the future when crypto is booming again & your enthusiasm has returned, they will sell these same coins back to you for a hugely inflated price Wink

If nothing has fundamentally changed within the crypto market (regulations, alternative competing technology etc) then there is no reason to lose faith, so hold & wait.
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Topic
Board Speculation (Altcoins)
Re: Tactics When Market is Falling
by
Nefarious
on 16/07/2018, 09:44:42 UTC
Stop losses are a good feature to protect your investment, although you need to be careful at what levels you set them & be happy with the risk that a sudden quick spike downards could stop you out before price pumps again. There's certainly money to be made in trading in a bear market, but that should be left to the pro traders. For the majority of us, it is better to either just hold fiat & wait on the sidelines until evidence of a bull market cycle starting, or just hold your crypto & ignore the day to day prices for the time being.
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Topic
Board Altcoin Discussion
Re: What coin do you HOLD in 2018?
by
Nefarious
on 16/07/2018, 09:40:04 UTC
NEO is my main hold for 2018, although I do have holdings in about 15 other cryptocurrencies that i'm holding too. I'm hoping that when the bulls finally show up, my patience will be rewarded Smiley
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Topic
Board Altcoin Discussion
Re: Still invest on ICO ?
by
Nefarious
on 16/07/2018, 09:35:54 UTC
I've not participated in many ICO's, but the ones i did participate in I made sure to do my research. Despite this, most of the ICO's I got involved in dropped below ICO prices in the months following the crowdsale (mainly due to the bear market). I've learnt now that any ICO i'm interested in that i'm beeter off just waiting until token gets listed & buy sometime thereafter when the price dumps.