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Showing 4 of 4 results by RendaW
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Board Trading Discussion
Re: How to Trade cryptocurrencies comfortably with profit
by
RendaW
on 15/10/2018, 22:29:25 UTC
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.

First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.

it is so nice that you noted how important to have the stable emotional state before going into any financial affairs, take any risks and make any investments.
Post
Topic
Board Economics
Re: Inflation and Deflation of Price and Money Supply
by
RendaW
on 15/10/2018, 22:19:07 UTC
Deflation is generally defined as the generalized decrease in the prices of goods and services, which is when the inflation rate reaches a negative value. In the case of inflation, the value of the currency decreases, meaning that it loses purchasing power over time.

While in the case of deflation this increases because it has a fixed supply, which generates a form of shortage of money. Deflation can be seen as the general decline in the prices of goods and services, but can also be applied to the increase in the purchasing power of a currency, such as the euro or the dollar

So neither deflation or inflation can be defined as something strongly positive or negative. They are both can have quite a controversial effect
Post
Topic
Board Marketplace
Re: Let’s exchange knowledge for knowledge!
by
RendaW
on 10/10/2018, 22:33:20 UTC
Blockchain borned as a way of decentralization of the economic system and powers. An alternative to an old paradigm of a few that have control on everything. Knowledge can be controlled too... and it is the most important part of us. Without knowledge we are nothing.

We should start taking the mentality of creating new types of wealth for the world. This could be done by helping others with our experience and knowledge, opening door for others.

For me... my dream was  working  in the automotive industry. Designing cars and bringing them to life.
It took me years to arrive to the place where I am know. And a lot of effort and dreams. Specially because I came from a country where doing car design is a big big dream. South America is not the friendliest place to have a dream. I am really great full to a amazing person who showed me the way. Just a few words can change everything. Nowadays he is my mentor and a good friend.

My proposal to you is that I can teach you what is really important in order to become a digital modeler for the car industry... and I mean doing crazy cool cars. In exchange of nothing... just your experience or advice in something that you think is worth knowing or exchanging.

I hope all of you can achieve your dreams one day. And I am sure there is someone out there who had the same dream and he did achieve it and he would be happy sharing with you his key to success Smiley

Peace !

Sounds like a really utopiacal idea by itself... I do not see the profit of the point. So what are the benefits for you actually?

But to be honest sounds amazing though
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Topic
Board Legal
Re: is bitcoin is a private currency
by
RendaW
on 04/10/2018, 08:38:28 UTC
First time I hear that it could be considered as private currency... but for sure no. Maybe some other altcoins, but not this one anyway Cool