Search content
Sort by

Showing 20 of 23 results by Shogun1011
Post
Topic
Board Altcoin Discussion
Re: Buy altcoins or not?
by
Shogun1011
on 02/04/2018, 15:36:12 UTC
Altcoins may actually be the future of cryptocurrencies rather than Bitcoin for various reasons including transaction speed and fees. As Bitcoin is priced really high, entry is hard for those new to cryptocurrencies, and altcoins are much cheaper alternatives.

I would agree with this statement.  Bitcoin was first...so that's why it has traction.  It is not, however, the best functioning currency out there.  Some of these other projects are very promising.  I look at bitcoin as being the Ford Model T of cars.  Sure, it was the first and paved the way for future cars...but it's not as fast as new cars.
Post
Topic
Board Bitcoin Discussion
Re: Do you think digital currency will ever replace paper money?
by
Shogun1011
on 16/03/2018, 14:23:11 UTC
If we talk about crypto and paper money it's not about who will stay alive, because they are for different tasks. Untill there are people on Earth, they would always need a touchable, energy-free and off-line equivalents, like paper money, gold, diamonds, whatever. Crypto is a strongest threat to Visa/Mastercard/AmEx and whole centralised financial system as well. It happens because of fantastic success of cryptocurriencies during all last years. So I would rather belive that cryptocurrencies will replace  digital currency and bank centralised system.

That's actually a really good point.  I didn't think about energy-free/off-line uses..which is a very real possibility.  Thanks for bringing that up!
Post
Topic
Board Bitcoin Discussion
Re: Do you think digital currency will ever replace paper money?
by
Shogun1011
on 15/03/2018, 22:31:15 UTC
I think digital money has already replaced actual money. Just look at your bank account, you dont physically hold the money till you draw it. But you can pay our ills ect and send money around the world without physically sending it

100% correct in this statement!
Post
Topic
Board Bitcoin Discussion
Re: Do you think digital currency will ever replace paper money?
by
Shogun1011
on 15/03/2018, 18:04:56 UTC
it is not true and it will never happen.
That is one reason why bitcoin is not yet legal, because this is one of the government's fears

What do you mean "bitcoin is not yet legal"?  You can buy it, use it, sell it and not face any legal ramifications.  The United States IRS recognizes it as an asset and taxes gains on it.

Just because the government has not adopted it as a currency they choose to use does not in any way make it illegal.
Post
Topic
Board Bitcoin Discussion
Re: Do you think digital currency will ever replace paper money?
by
Shogun1011
on 15/03/2018, 17:26:02 UTC
I think that Internet banking and credit cards already replaced paper money, at least in developed world.
Digital currencies are second phase in this development.
Paper money is dying dinosaur, and soon or later we will not use it any more.

Well put!  In addition to that... as we've moved from paper money to digital, all those transactions have started flowing through private financial institutions giving them all a % of the cut each time money exchanges hands.  If we keep going down this path, ALL of our money will be controlled by financial institutions that profit at every turn.  This is why cryptocurrencies are so important in my opinion.  We're at a cross roads where we can do one of three things;

a) go back to using cash for all transactions (not likely)
b) keep going down the path of credit cards based on fiat that make private institutions very rich and allow them to ultimately decide how we spend our money
c) embrace crytpocurrencies that keep the power of choice in the people's hands.

I personally like a & c Wink
Post
Topic
Board Bitcoin Discussion
Re: Do you think digital currency will ever replace paper money?
by
Shogun1011
on 15/03/2018, 17:02:14 UTC
In reality, Digital money already is replacing paper money.  20yrs ago, almost everyone paid for things with paper money.  Now we basically only use paper money for tipping purposes.  Credit cards are digital money (just backed hypothetically by fiat).  I bet most people don't use paper money at all in 10-15 years.
Post
Topic
Board Services
Re: Logo designer looking to design some logos!
by
Shogun1011
on 09/03/2018, 18:25:46 UTC
Awesome!  Yeah, if you get into the freelance game at this stage of your life, you're going to be very successful (and happy!) in the long run.  A lot of people start of freelancing, and then hire freelancers at a lower rate to do the work for them.  In essence, they become the boss and have a bunch of hungry people working hourly rates while they make profit on each hour billed.  At that point, you're basically the face of the company and get to sit back while others make money for you.

Good luck! and don't be afraid to ask more Questions if you hit any roadblocks at any point in time.  Happy to help Smiley
Post
Topic
Board Services
Re: Logo designer looking to design some logos!
by
Shogun1011
on 09/03/2018, 18:04:28 UTC
I like your site the most!  My wife is a graphic designer and I can tell you have an eye for design.  Everything flows nicely.  Might want to take that route instead of the logo design.  A friend of mine makes a decent living at $150/hr doing graphic design.

Does your friend have any advice on making a living with graphic design?  Tongue

She actually taught me the ropes on how to start my own remote business, so I can give you some pointers!

For eduction (to get brought up to speed):
- She used TeamTreeHouse.com.  She learned a lot of what she applied in her business there
- Udemy is also a good one and can find cheap courses there... but I'd start with treehouse.

For software:
- She uses Divi (from Elegant Themes, which is a WordPress plugin) and makes most (if not all) of her clients' sites that way.  It's super easy (I'm an accountant, and have used it for my own site).  Very flexible and allows you to make beautiful & highly functional websites pretty quickly.

To get clients:
- I have used UpWork mostly in the past, but there are a lot of new options out there.  Stay away from Fiverr because thats the low dollar option for people.  Anyone serious about building a nice website for their business is most likely going to go to another Freelancer platform to find talent.  Just google "freelance jobs" or variations of that search and you'll get a good current list.

After that, you just have to be able to accept payments.  Paypal is always a super easy way to do it.  I'd also suggest requesting a paypal business debit card from them...so you can spend your money immediately (if need be) and/or withdraw it from an ATM the second it hits your PayPal account.

All in all, it takes a little bit of work to get your first client....but after that it seems to snowball into more business than most can handle (at least that's the way it has worked for a lot of freelancers I know).

My biggest bits of advice:
1) Set your price to be something you're happy making.  If you lowball yourself too much, you're going to hate the gigs you get because you'll be underpaid.
2) Don't get frustrated if you're not getting gigs at first.  It's normal.  If you price yourself at a $$ amount you want to make, then you're going to automatically be exclude 90-95% of the clients out there who are looking for cheap solutions.  This is ok!  Those clients are usually super tight on cash and slow pay their freelancers.  If you hold out for the ones that can afford you, they often pay almost instantly, and also send repeat work to you.  I have accounting clients that I've been working with for years now.  In the beginning, I'd send out 100 proposals for gigs I saw posted, and maybe hear back from 3 of them.  1 would bite, and I'd end up making $20k a year off them.  Get a couple of those clients on board and you have a legit business. 

Tools I use:
- Google Drive
- Drop box
- Zoom (always video conference when talking to clients if you can.  Builds a good relationship!)
- Xero (for accounting software)
- PayPal
- Skype
- Adobe Creative Cloud (for editing or filling in pdf forms)
- Hellosign (to have people sign documents electronically)
- Hellofax (to fax docs electronically)
- Wordable (heard this is good software to post google docs to Wordpress for blog posts)

Everything on this list (except for Adobe) has free subscriptions with some limitations...so you can get all this for free and be 100% remote! 

Last year, my wife, son, 2 dogs and I traveled around the USA for 11 months while I worked remotely from my cell phone personal hot spot.  Pretty nice life!

You can check out my accounting website at www.TheMadOnesAccounting.com (disclaimer, I'm no web designer and made this myself.  I used Divi, but my site is not a good representation of the power of that plugin).  You can also see some photos from my family wandering around the USA in the "About us" section.

All in all, i'd never go back to working a regular 9-5 ever again.  I make my own hours, don't have to ask permission to travel or vacation.  My clients request meetings with me (instead of demanding I show up like most bosses), and I get to write off a lot of expenses as business expenses while I'm traveling because I can always try to get new business in different cities I visit.  There are limitations to what you can write off accounting-wise, but all in all it's a really good life.
Post
Topic
Board Service Announcements
Re: Cryptopia Cryptocurrency Platform Services and Development
by
Shogun1011
on 09/03/2018, 15:55:05 UTC
How often does maintenance seem to take place?
Post
Topic
Board Bitcoin Discussion
Re: What do you do with your crypto?
by
Shogun1011
on 09/03/2018, 15:18:43 UTC
I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

It seems to me that trading is a very risky business even with small amounts of coins. If you want to trade then use the fiat currencies. They are more stable and predictable. It is worth to invest in cryptocurrency. That’s true way.

Even Fiat can be super risky.  I bought some stocks in marijuana industry a month before California legalized recreational marijuana, and 4 days after they legalized it, the US Government rescinded some Obama era laws basically overriding what the state laws.  My stocks were shooting through the roof the days before this new law came out of nowhere, and theyve been worthless ever since.
Post
Topic
Board Bitcoin Discussion
Re: What do you do with your crypto?
by
Shogun1011
on 08/03/2018, 22:11:20 UTC
I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

I used to trade a lot but I have found that much of the time it’s just as good to hold. Also with new tax laws, there is a lot of book keeping that is supposed to be done to track all of the trades and to me I don’t think it’s worth it.

Life is much simpler to just hold for a few years and then cash out for a decent profit. We are getting in early enough that we can see big profits from holding.

You aren't kidding with all the bookkeeping work.  I have a couple clients that are heavy into crypto investing (I'm an accountant), and even with my knowledge of accounting, it's still tough to keep up with all the trade conversions when these guys are super actively trading.
Post
Topic
Board Services
Re: Logo designer looking to design some logos!
by
Shogun1011
on 08/03/2018, 21:32:58 UTC
I like your site the most!  My wife is a graphic designer and I can tell you have an eye for design.  Everything flows nicely.  Might want to take that route instead of the logo design.  A friend of mine makes a decent living at $150/hr doing graphic design.
Post
Topic
Board Bitcoin Discussion
Re: What do you do with your crypto?
by
Shogun1011
on 08/03/2018, 21:18:31 UTC
I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
Preference on how will you make profit out of crypto depends on the user itself. Trading in my opinion is a bit risky unlike investing especially with bitcoin where profit has a more chance to be earned due to the high demand on the market. But the best thing to do is to try all of it and see it for yourself.
Yes, you can find it out by trying everything such as trading, mining and investing. The one that suits you the best must be your choice. In my opinion, we never learn until we lose some of the amount while trying to do different stuffs. Once we lose some amount, we next time be more careful and do research and analysis before taking any decision in the world of crypto market. If you are much of a risk taker, you can do day tradings. Just remember, whatever you do, patience is the key to success and profit.

Very wise words... patience is the key to success and profit.  I like to think about the stories I've heard where people bought bitcoin a long time ago, forgot about it for many years and/or didn't pay attention to the market, and then cashed out when bitcoin hit the news and was surging.  The people that made out in the end were the ones that just let the market do it's thing and grow.  They didn't freak out when the market dipped...becuase they didn't know about it.  They just Hodl and the market naturally appreciated.

I've purchased tokens that I expect to hold onto for years to come.  Lol...probably because I can't stand the emotional stress of day trading (haha)
Post
Topic
Board Speculation
Re: Will crypto markets continue to spike higher?
by
Shogun1011
on 08/03/2018, 15:53:18 UTC
I believe this is the beginning of the next price hike, after the price spike in late 2017. maybe it could be even higher, given the growing bitcoin users. and we all expect everything.
We all know this fact quite well that the demand of the crypto currency will keep on increasing in the days to come as still there is 99% of the population who don’t know anything regarding it and at time when they will get to know about it, they will surely go for investing their money into it which will increase the demand of the crypto currencies and as a result of which the graph of the crypto market will go even higher.

exactly!  I'm located in the USA, and almost everyone I know has no clue about crypto.  There was also a time when the "Stock Market" was new and confusing and didn't have a lot of buy-in.  Fast forward to today, and it's hard to find someone who's not playing the stock market in some manner...either through actively trading or investing in a 401(k).

This industry is so new and has so much potential, that it's definitely going to rise. 
Post
Topic
Board Bitcoin Discussion
Re: What do you do with your crypto?
by
Shogun1011
on 07/03/2018, 22:58:21 UTC
Lol...traded for a little bit when I first started, but realized i'm not the best at trading.  Now I just hodl.  Would like to start mining someday though.... if miners got more energy efficient
Post
Topic
Board Speculation
Re: Will crypto markets continue to spike higher?
by
Shogun1011
on 07/03/2018, 22:12:26 UTC
The crypto market is in it's infancy...so yes, it is going to grow by leaps and bounds over the next decade.  Getting into crypto right now is similar to getting involved in the internet in the late 80's.
Post
Topic
Board Altcoin Discussion
Re: Dips since january
by
Shogun1011
on 26/02/2018, 19:50:04 UTC
well i heard a lot of people with a theory about why it is going down. seems to me that almost every day they find reason why it is dropping. so it could drop at any time and it will be explained with a reason. if you look hard enough there is always a reason. i'm still holding and hoping for better days

There will definitely be better days.  We're experiencing the birth of a new way to do businesses.  There will be ups and downs, but overall the trend will be UP UP UP as time goes on.
Post
Topic
Board Altcoin Discussion
Re: Dips since january
by
Shogun1011
on 26/02/2018, 18:56:57 UTC
Does anyone have any speculation as to why Jan and Feb are usually bad months for crypto?

I think it is because New year and Chinese hollidays. People spend a lot of money then and sell cryptocurrencies to acquire that money. The more people sell the fall of price price will greater.

Thanks.  I have actually heard that theory before.  Makes sense.  So, that will probably lessen as time goes on and global adoption increases.
 
Anyone have any other guesses?
Post
Topic
Board Altcoin Discussion
Re: Dips since january
by
Shogun1011
on 26/02/2018, 18:08:23 UTC
Does anyone have any speculation as to why Jan and Feb are usually bad months for crypto?
Post
Topic
Board Marketplace (Altcoins)
Re: I have made calculator [Trading]
by
Shogun1011
on 21/02/2018, 17:48:20 UTC
Thanks for sharing!