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Showing 20 of 28 results by Stunning
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Topic
Board Speculation
Re: BTC Falling to mid 3K Will it go down more?
by
Stunning
on 12/12/2018, 08:03:42 UTC
so just prepared for the worst scenario (bottoming) and best scenario (start of the bull run).

They both sound like best scenarios to me. I have already decided I won't be selling and so all there is to do now is wait. I want the bottom to come around as quickly as possible so that market recovery can begin.
The more there will be the bear market the more it will delay the bull market that is why we have to think the previous bear market as enough and have to think that as the bottom and now have to prepare for the bull market as if the bull market will start from now then we may see a good time in the near future.
Post
Topic
Board Trading Discussion
Re: What you should do when you lose most of money?
by
Stunning
on 11/12/2018, 08:06:41 UTC
I will often find out why the coin is dump. Evaluate the potential and strength of the project, to decide whether to keep it or sell it. And I often trade to cover the lost money. Get experience from losing money.
That is a good strategy as sometimes we keep our money in some projects which remain there at that price or continue to drop no matter how much better is the project but at that time we miss a coin or a project the price of which increases at that time so in that time if we transfer our money to there then we can recover our loses in that period.
Post
Topic
Board Altcoin Discussion
Re: Why People Choose Cryptocurrency?
by
Stunning
on 08/12/2018, 11:45:32 UTC
More easy to get money with cryptocurrency investment than have make other investment, many kind of investment but only bitcoin and altcoin could give easy to get much money with faster time, maybe just few week we can got much money.
But to this can be added the converse statement, you could make quick money in 2017, in 2018 you could only lose money
But we can also think differently and positive in this year. In the previous year it was the time of short term investment while in 2018 it is the time of long term investment and we all know that in long term investment we earn more bigger so keep investing.
Post
Topic
Board Altcoin Discussion
Re: How do you manage your risks?
by
Stunning
on 06/12/2018, 11:51:22 UTC
I want to know how you relate the risks to profits?
What is the determining factor for you to sell or buy coins?
How many of you are trading short-term?

Well, risk is not eliminated but it could be minimized through responsible decision making. In trading and in investing in cryptocurrency, the market movement should be considered onto when you going to sell and to buy whether it's a long term or a short term kind of investment.
The risk can be eliminated if we will think before investing in any project and we study well about any project before we invest in that in crypto if the market is well then we will not face any risk while in the current market there is a lot of risk but if anyone invested in this time then he will see a great future of his coins.
Post
Topic
Board Trading Discussion
Re: Can I still get wealthy through Bitcoin?
by
Stunning
on 24/11/2018, 09:52:37 UTC
The fact is that Bitcoin and other cryptocurrencies need time before they can act as a means of accumulation. Now this is not so because of the low level of trust, volatility and scalability problems.

Basically, every new thing wants sometime to get adjusted. When a new brand comes in market, it never shoots up in a moment, rather undergoes a path of hard work and then shows positive altitude.
Post
Topic
Board Trading Discussion
Re: What are the reasons why you must take risk in crypto market?
by
Stunning
on 24/11/2018, 05:16:15 UTC
I just taken too much risk in crypto by use much money for crypto trading, this is my big mistake. I should be not do it because there are alot of others kind of investment or trading that more safe and less risk. I so much loss in crypto, and im so worry about it  Angry . Lesson learned and i hope later i can make my self to be better trader.
Money is the reason why you must take risk in crypto. This is the quest for so many over here. Many others want to reduce the transaction cost of the millions of dollar they transfer via the channel that would otherwise cost them thousands of dollars if the transactions are made via banks.
Post
Topic
Board Speculation
Re: is currently the right time to buy bitcoin
by
Stunning
on 22/11/2018, 10:18:43 UTC
at the moment the price of bitcoin is very cheap, I want to ask all of you, is this the right time to buy bitcoin right now? please give me a definite answer!
Buy now. Take this good opportunity to buy bitcoin as soon as possible. Goodluck.
Yeah man, bitcoin is just at $5600 or even below. Many are sad, but many are happy too. They do know this is best time to grasp maximum bitcoin as they might not come down this far again.
Post
Topic
Board Speculation
Re: People are selling the wrong coins, because they are confused. lol
by
Stunning
on 22/11/2018, 07:06:52 UTC
This drop in the price are based on confusion between Bitcoin and Bitcoin Cash.  Grin Grin Grin

The average Crypto currency speculator does not understand the technical difference  between Bitcoin and Bitcoin Cash. They read in mainstream media about a Bitcoin war and they think it is happening in Bitcoin

The Bitcoin Cash fork has absolutely nothing to do with Bitcoin , but these stupid speculators does not understand that, so they run for the hills at the slightest indication of possible instability.

The fork and the war is applicable to Bitcoin Cash not Bitcoin BTC!!!!!!!!!!!!!!!!!!!!!!!!!!
That's the difference among people who do have knowledge on crypto or to those people who just jumped in into this market for the sole purpose on money-making
without even knowing the basics among coins or projects. Once they hear out a certain news they do believe directly without tending to make any research.
Sooner or later they would realize on the mistake they have done and would learn from it.
This market is new this world is new for them. So this happens. Don’t worry and don’t curse on being confused. Definitely it is matter of their hard earned money and they have right to take complete time.
Post
Topic
Board Trading Discussion
Re: Bitcoin now a stable coin?
by
Stunning
on 21/11/2018, 07:52:30 UTC
The current value is the good amount to buy and hold for long period of time, it will generate unexpected profit for sure because when the big investors starts to comeback the demand will increase and the value was also affected.
It is not unexpected profit,  we will do these investment aiming for a huge profit in return and that's what we all expecting to happen. 
Though the price of bitcoin isn't moving that high and fluctuations is not seen in few months but isn't the way it became stabilize.
Stability is very important for Bitcoin because it is the only thing that is going to be proved instrumental in attracting the good investors. But stability is determined by many factors and it takes time for all these factors to align In the same line to make the coin stable.
Post
Topic
Board Economics
Re: 10th Birthday, Bitcoin Price Is No Longer Exciting ?
by
Stunning
on 20/11/2018, 09:49:39 UTC
For me its always true that bitcoin have an extraordinary achievement in the next coming years considering there is no regulator in it and if you will think and imagine from zero price and once reach its peak in just a couple of years and having market cap more than a billion dollars is special reward and i believe it will still continue in the upcoming years.

Don’t go there we will be having a good time in next month too. See the price now and wait for Christmas. And then see the blossoming of bitcoin. It will touch more than 22 thousand.
Post
Topic
Board Trading Discussion
Re: Daily trade Vs long trade
by
Stunning
on 20/11/2018, 08:14:36 UTC
It all depends on the situation we face. For me, we have to manage the strategy as well as possible.
The Daily Trade and long time trade must have their weaknesses and strengths.
All decisions depend on us, we will determine what we will do and what we do will certainly produce different things.
We can't just wait we still need to do something, like trading daily some of coins and hold the others, we should not trust too much one company to hold them all too long.
Of course everyone wants to have good daily income but it is something that is also a function of the market forces which if are not in harmony with your business, you might not probably earn.
Post
Topic
Board Speculation (Altcoins)
Re: Don't forget to be more Patience - Hold more coins
by
Stunning
on 19/11/2018, 13:32:55 UTC
That's right, staying patient is the right choice in the market decline, in the future the market will definitely recover and profits will be obtained, don't sell low because it will be regret in the future.
I know it is a good way to prevent losses in the down market but I am not inclined to this strategy always and this is the benefit of having a multiple businesses that if the crypto market is not working out for you, better switch the attention to other business and make money there and wait for this market to recover.
Post
Topic
Board Speculation
Re: Bitcoin price goes up, again!!! Will XRP be the crypto saver?
by
Stunning
on 17/11/2018, 07:06:22 UTC
Great news everywhere and Bitcoin price goes up again!!!
Shotted from 6000$ range to 7500$ in few days after Bloomberg announced that BlackRock is looking to invest in cryptocurrencies and Goldman Sachs will hire David Solomon, current president of the New-York headquartered multinational Lloyd Blankfein in October. This guy is crypto-friendly let's say and this is huge news because trillions will be pumped soon.
They will take their positions now when is still cheap. Be wise guys do the same what the big guys do!!! Take your positions the race is started, again.
Taking into consideration last weeks looks like the bullish market is ready to start. What do you think am I right?


UPDATE 9/22/2018

From few days XRP is on the rally to the moon and luckily other crypto turned out green from yesterday. BTC is slowly going up and this a good sign, I think.

But today, I will like to hear your opinions on Ripple guys? Yes, let's talk about this infamous Rippel because this can be a crypto saver.

Actually, fight with Ethereum for the second position in the top ten market cap cons and I think that will surpass ETH in few next months. There is so much great news about Rippple that I am afraid that this centralized project which is described by few people as not cryptocurrency related at all will finally surpass BTC and be the biggest cryptocurrency on the market.

This will be a big slap in the face for many people.

From another site, they have so many amazing use cases and so much interest from biggest banks and other industries that we just can't forget that adoption this is the main purpose and the only way for cryptocurrencies to exist in the future.

What is your opinion on Ripple and actual market state?

Throughout 2017 and 2018 a large number of banks from all over the world actively have cooperated with Ripple to implement the technology, especially regarding their payment infrastructure. That makes Ripple even more credible, and most investors consider XRP to be a relatively safer bet than other cryptos. I don't know how many times the XRP value exceeds the Ethereum value like what happened today, will this last long? Is this a sign, that the performance of XRP has real been good in its work so far. Honestly, I think this's a hard slap for Ethereum and other cryptos.
Credibility has power. Yes, when some coin is associated with government, believe me it starts the golden journey. Government always work for betterment of their people so that is indirectly getting trust of users.
Post
Topic
Board Economics
Re: Diversify Investments
by
Stunning
on 16/11/2018, 07:59:54 UTC
Investment  diversification is necessary in business, it's not advisable to put your eggs in one basket, but before diversify, you need to carry out thoroughly investment analysis so that you don't end up losing your capital.
It helps reduce the risks which otherwise can cause harm and loss in the business. A reduction in the risk in other words means a rise in the profit and this is important in the current age.
Post
Topic
Board Economics
Re: Which industries don't need blockchain?
by
Stunning
on 16/11/2018, 07:01:18 UTC
There is no company that does not need blockchain technology. If the blockchain techology is not use for financial transactions it can be useful for proper verification and ascertaining accuracy in the company's data.
Well it is one of its kinds and I think should be adapted by every industry to boom economic situation and deal with the growth easily. In the mean time, the underground economic sector cannot adapt it.
Post
Topic
Board Economics
Re: Would you rather see steady growth in Bitcoin or strong upward spikes instead?
by
Stunning
on 16/11/2018, 06:26:43 UTC
For me, having its value on a spike or the quality of being highly volatile is still the better option for me, having this quality means I would be able to play may money and earn profit on my own. Having a steady growth is fine as well, and I can see many investors being happy with it, but I would choose the highly volatile bitcoin.
People must understand the fact that bitcoin is volatile, and it happens to be powerful source just because of this one feature. Remove this one nature of bitcoin and see the clumsy results.
Post
Topic
Board Economics
Re: 10th Birthday, Bitcoin Price Is No Longer Exciting ?
by
Stunning
on 10/11/2018, 07:42:40 UTC
How was the response about the bitcoin economic market for 10 years which experienced an increase and decrease ?

Bitcoin will soon celebrate its 10th birthday. However, this achievement was slightly tarnished due to its downward trend.

The Wall Street Journal reported, in 2017, the price of digital currencies launched in 2008 had surged to 1.375% because investors and traders were interested in Bitcoin.

However, the price of the most popular digital currency has fallen considerably until the third quarter of 2018. The price of Bitcoin has dropped more than 60% from the highest price last year, according to Coindesk data. Last week, the price of Bitcoin had gained 4%.

The overall cryptocurrency market is worse: the combined market value of all crypto currencies plunged 13% from the previous quarter, down from US $ 255 billion to US $ 221 billion on Friday, according to CoinMarketCap.

This decline was contributed by a decline in the market value of large digital currencies. Ether, which is used in the ethereum network, dropped 51% each and Bitcoin Cash and EOS dropped 28% respectively.

Lately it has been difficult for Bitcoin to attract new buyers or even retain old buyers who are mostly disappointed with the price.

According to Blockchain.info, the average transaction price in quarter III-2018 reached 217,000 digital coins. This figure is far below the average daily transaction in the fourth quarter of 2017 of 319,000 coins.

The initial coin offering market (ICO), which allows investors to buy digital tokens such as bitcoin to be developed or offered in the future, is equally insecure. The ICO market has raised US $ 12 billion this year, according to data from research company Diar and TokenData, about double that of 2017.

However, the company calculates that 70% of the current projects have fallen from the price when the ICO was completed. Maybe this is what affects the difficulty of increasing the price of bitcoin on its 10th birthday because the average "ico will decrease by 50% after launching
I already knew that this would happen, that’s why sold my coins early this year and waited for it to drop to a low rate before buying a few this year and I’m also aware that it is going to take a long time before there is another increase in price. Why I’m saying this is because I have experienced it before. So it’s going to take a long time, and it might not even be next year.
Post
Topic
Board Altcoin Discussion
Re: Ethereum vs Ethereum classic
by
Stunning
on 09/11/2018, 11:13:14 UTC
Can you please explain me guys, what's the difference in Ethereum and Ethereum classic?
Everyone loves ethereum but forget the original one. Ethereum classic is not a bad coin itself, I have owned some back in the day and I really liked what it was bringing to the table but lately everyone seems to forget that it even existed. I think the main trouble here is that ethereum managed to become a sort of ICO king where all new coins come thru ethereum first so it was destined to be purchased and that increased the price but than everyone using it did not even know the history of it.

Ethereum didn't worth anything just couple years ago, 2 years ago it was less than 10 dollars and today worths 200 dollars and people consider that as a bad thing. Ethereum classic was what ethereum started out to be, and ethereum is what ethereum classic improved upon.
Post
Topic
Board Economics
Re: Do you have to make big investment before you can make profit in crypto?
by
Stunning
on 08/11/2018, 11:11:31 UTC
I have seen quite a number of topics here where people have been selling or asking for advice whether to sell their properties to invest them in bitcoin. Am surprised some people forget that crypto investment is not always a win affairs. You either lose or win. You can as well make profit in crypto with small capital if only you have the patience to hold and wait for the time when the market is booming. Do not be a greedy investor. Always invest with an amount you can afford to lose. Have a nice day.
If your investment is bigger then your profit will be bigger and when your investment is small, your profit will also be small. You can also lose your money, so it’s up to you to know what you can invest, but that doesn’t mean you can’t recover what you have lost, the thing is that it might take you a long time to be able to recover that.
Post
Topic
Board Economics
Re: Please, we should not totally eliminate fiat currency
by
Stunning
on 05/11/2018, 09:31:29 UTC
From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.


Definetly thats true,for us now we should not totally eliminate the fiat currency and even in the future we could not implement fully a cashless society all over the worlds,because not all country should aware this crypto technology,because there are some country who belong into the thirds poorest thats have no internet connection and computers and even the people become wonder what kind of oppurtunity this crypto and they need to be educate.
A day will come that we will do local transactions in cryptocurrency. Then there would be no need for paper or fiat currency. When you have all the facilities in one currency then why need for another currency. Fiat will be there in the market but for the time when crypto take over the market and people in the entire world will use only crypto as their regular currency.