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Showing 20 of 65 results by PhoenixEmpire
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Topic
Board Trading Discussion
Re: yobit or hitbtc
by
PhoenixEmpire
on 12/10/2018, 13:58:19 UTC
If I were you I would stay far away from both of these exchanges. I have been watching them for over a year and the amount of complains and bad reviews are overwhelming. I would not risk the slightest of my crypto assets with these exchanges.
Arbitrage trading might be tempting especially when the coin is just listed on a big exchange but the risk is you might lose all your money in those exchanges. Be careful!
Post
Topic
Board Politics & Society
Re: What is School for?
by
PhoenixEmpire
on 12/10/2018, 13:38:28 UTC
I personally have a degree in engineering and I totally stand with the Quote by the economist John Maynard Keynes

"Education: the inculcation of the incomprehensible into the indifferent by the incompetent."
Post
Topic
Board Politics & Society
Re: Should the US be spending money on this B-2 stealth bomber?
by
PhoenixEmpire
on 12/10/2018, 13:24:18 UTC
Developing it was probaly a great revenue earner for the defence contractors, but wouldn't it have been better to spend the money on improving the domestic infrastructure in the US, and in encouraging the purchase of US manufactured products.

Absolutely!,
But who controls the money supply and collect Taxes. They are also huge share holders of these so called defense contractors. The whole purpose of this shitshow is just so that they could protect and empower their political stance.
Post
Topic
Board Beginners & Help
Re: How to get 10 merits in 1 day
by
PhoenixEmpire
on 12/10/2018, 13:14:16 UTC
Why the hell do people care about merit that much, is it just so they could join signature campaigns and spam the forum. Just so we can find some legit and good info about this industry we have to go through a pile of shit posts. hope this issue gets resolved.
Post
Topic
Board Altcoin Discussion
Re: NANO Yes or no?
by
PhoenixEmpire
on 05/10/2018, 14:41:18 UTC
Interesting technology but I would not consider investing in it for the long term cause of humongous hype.

Given it's main feature is zero fee and high speed transaction and we don't know how the market responds to Hedera Hashgraph and such coins once they get into the market.
Post
Topic
Board Beginners & Help
Re: Earn free bitcoin, trustworthy or a scam?
by
PhoenixEmpire
on 05/10/2018, 13:39:40 UTC
From my personal experience faucethub.io is the best faucet website to earn some bits and get your feet wet before you dive into the crypto world.

But honestly I think spending all of your day solving captchas for a few cents is not worth it. Buying some crypto with your leisure or entertainment budget is far more efficient.
Post
Topic
Board Politics & Society
Re: I am muslim, is there a problem?
by
PhoenixEmpire
on 28/09/2018, 14:04:13 UTC
I think there is no problem of you being a Muslim or any other religion what so ever. everybody believe in some sort of things anyways being spiritual or not. But I think people should keep their faith for themselves no matter what and I think faith being faith in itself means you just believe that it is there/possible you haven't seen/touched it.
Post
Topic
Board Economics
Re: Centralized or Decentralized for cryptocurrencies?
by
PhoenixEmpire
on 28/09/2018, 13:19:37 UTC
Governments are established to serve it's people not the other way around. Bitcoin has served as a great tool for store of value and money transfer so if the governments stood against Bitcoin they clearly want to just have total control on citizen. I believe Bitcoin will eventually succeed over every fiat currency it is just the matter of time and people's awareness of Bitcoin.
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Topic
Board Economics
Re: How Long Crypto market will take to recover?
by
PhoenixEmpire
on 28/09/2018, 12:57:17 UTC
My portfolio is 75% down as compare to January.

You meant from ATH?. I think this is not the worst year for crypto, surely hacking of almost the only Bitcoin exchange is the worst i.e. MtGox. this is normal, things can't just surge all the time. This is the perfect opportunity to educate ourselves more on crypto and contribute to it's adoption and development. It's value will eventually rise.
Post
Topic
Board Economics
Re: When bitcoin prices rise up the market also will
by
PhoenixEmpire
on 28/09/2018, 12:49:50 UTC
Whenever Bitcoin surges traders tend to take profit from their long positions then they look for other coins/tokens to take a position in. As far as I have seen in this market when BTC surges alts surge more and vice versa, so most people sell their alts for Bitcoin when the market is down because BTC plummets less that alts.
Post
Topic
Board Economics
Re: Why spend time in bitcoins?
by
PhoenixEmpire
on 21/09/2018, 14:02:01 UTC
Because it is the most revolutionary invention since the start of mankind and being the early adopters will be set for life in near future. So yeah I think the best way to spend your time is learning about Bitcoin and earning them if you have a skill that could be monetized in this space.
Post
Topic
Board Economics
Re: The panic seller irony
by
PhoenixEmpire
on 21/09/2018, 13:58:40 UTC
I think the market is set for a new bullrun. I know most analysts are against that idea but the sentiment is changing steadily especially with Bakkt news and possible ETF. All you have to do now is just HODL!.
Post
Topic
Board Economics
Re: Politicians fear cryptocurrency because it will stop corruption.
by
PhoenixEmpire
on 21/09/2018, 13:49:50 UTC
I think they hate it cause almost 100% of politicians favor the idea of centralization to freedom and liberty.
Post
Topic
Board Politics & Society
Re: Is marriage a kind of punishment?
by
PhoenixEmpire
on 20/09/2018, 21:37:32 UTC
I have seen a lot of people with this mind, set and honestly their lives are miserable. I think some man behave this way due to his culture or the mindset that he was raised on. People are naturally born free no matter what you do for them you can never enslave them. husband and wife should work together and determine their strength and weaknesses so that they could live most optimal live they could, live decisions of a family should not be one sided nor the responsibilities.
Post
Topic
Board Economics
Re: Do you have to make big investment before you can make profit in crypto?
by
PhoenixEmpire
on 20/09/2018, 16:29:49 UTC
They problem is most people get caught up in the Hype and buy a bunch of coins then the market crashes. We need to realize that cryptocurrency only provides more diversification to your portfolio. Selling or getting a loan on your house is nothing but a gamble.
So I think the best investment strategy for crypto is DCA your buys don't go all in at once.
Post
Topic
Board Beginners & Help
Re: i want earn money
by
PhoenixEmpire
on 14/09/2018, 13:24:09 UTC
Not much different than your real job you just have to provide value to a project or solve a problem in order to get paid. No free lunches here just like the real world.

Hint: look into, Bounties(includes Translations, Marketing, community managing...etc) or Airdrops
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Topic
Board Beginners & Help
Re: When to buy ?...
by
PhoenixEmpire
on 11/09/2018, 19:58:42 UTC
DCA all the way!

I have lost considerable amount of money going all in on trades. I can imagine I could have saved a lot of money DCAing instead pf buying all in.
Learn form my mistakes if you plan to hold long term it is best to have multiple entry points.

as for your second question when BTC reaches 1 mil $ almost every store around the world would be interested in accepting BTC so no need to worry about cashing out. that is at least how I see it.
Post
Topic
Board Beginners & Help
Re: Where to keep BTC if I don't want to keep in exchange?
by
PhoenixEmpire
on 11/09/2018, 19:45:34 UTC
I think the simplest and secure enough way to store your BTCs is to store them on a ledger nano s or a trezor hardware wallet. even if the hardware wallet failed you can simply recover your funds using the seed phrases that it provides to you on the set up.

I would say the thing you have to do should be storing your seed phrases is the safes place possible. like flood and or fire proof place.
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Topic
Board Beginners & Help
Re: Bitcoin Real Question
by
PhoenixEmpire
on 07/09/2018, 12:04:38 UTC
Thanks everyone for your suggestions and advice...

Bitcoin Real is no asking for the KYC....the site where they asked to open wallet, cryptoa, requires KYC. Is it usual to ask for KYC for such sites? I opened blockchain and coinbase accounts, they didn't.


Koolguy1175.

In most cases KYC is only required if you are withdrawing large sums of money out of the exchange in short amount of time.
Post
Topic
Board Beginners & Help
Re: Am just a beginner please help
by
PhoenixEmpire
on 07/09/2018, 11:54:08 UTC
Coinbase and if you are looking for more Coins/Tokens use Binance or Bittrex.

Hint: If you are a beginner and have never traded before I advise you to not to do so at least until the BullMarket.