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Showing 20 of 53 results by Wendy Simth
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Topic
Board Altcoin Discussion
Re: ¿What altcoin is good for beginners?
by
Wendy Simth
on 27/09/2021, 06:22:53 UTC
I would recommend DOT, you can compare it to Ethereum. I think DOT has more development potential than ETH.
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Board Bitcoin Discussion
Re: UK customers can now buy Bitcoin through Paypal
by
Wendy Simth
on 27/09/2021, 06:20:45 UTC
In the cryptocurrency industry, bitcoin has become a currency in the mainstream payment system. PayPal's move is an important milestone in the evolution of bitcoin to a payment transaction tool.
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Topic
Board Economics
Re: DO I NEED TO LOOSE THE ONE I HAVE GOTTEN OR LOOK TO GAIN MORE?
by
Wendy Simth
on 27/09/2021, 05:53:18 UTC
I think the most important thing is to understand your tolerance. Before investing, the most important thing to consider is not how much money you want to make, but how much money you can lose. To ensure investment in risk industries, you must be able to afford to lose spare money, but not lose. For the money to be used in the near future, you should invest it in relatively safe products with different terms according to the length of time, such as bonds, bank deposits, etc. In addition, you don't have a clear understanding of the investment project. No matter how well others say, don't get involved easily. You know, there will be no pie in the sky. If there is, why should others give it to you?
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Topic
Board Economics
Re: CHINA Banning bitcoin: PBOC Says All Crypto-Related Transactions Are Illegal
by
Wendy Simth
on 27/09/2021, 05:24:18 UTC
It seems that a key point is misunderstood. The document says that the institutions providing services are illegal, but it does not say that personal transactions of cryptocurrency are illegal. It shows that bitcoin is no longer a legally protected asset.
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Topic
Board Economics
Re: Boost of a countries economy
by
Wendy Simth
on 27/09/2021, 05:11:48 UTC
With what you think currently, Crypto currency is one of the major things I think, that has contributed greatly to the growth of a country economy.
I don't agree with this view. Where can I see that cryptocurrency has made a great contribution to the national economy. At present, in addition to speculation in the market, we have not seen any real contribution.
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Topic
Board Economics
Re: knowledge and Capital which is Very important in Business or Investment?
by
Wendy Simth
on 27/09/2021, 05:07:37 UTC
Investment is a battle, a game, testing your psychological endurance, your judgment, your courage, your vulnerability and tenacity, as well as the luck given to you by God.
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Topic
Board Bitcoin Discussion
Re: Reasons for newbies loss in bitcoin
by
Wendy Simth
on 27/09/2021, 05:04:47 UTC
At first, my bitcoin would earn interest when it was deposited into a website. At the beginning, I could get the interest normally. Unfortunately, three months later, I suddenly couldn't access the website. At that time, a bitcoin was worth 40K, and I lost 0.3. From then on, I will never participate in those messy investments again.
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Topic
Board Bitcoin Discussion
Re: Inequalities increased due to current cryptocurrencies
by
Wendy Simth
on 27/09/2021, 04:53:13 UTC
Cryptocurrency is exactly what gives the poor a chance to turn around. But not all poor people are used to challenge and accept new things.
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Topic
Board Bitcoin Discussion
Re: I did not expect the Chinese government to promote the rise of decentralization
by
Wendy Simth
on 27/09/2021, 04:49:42 UTC
The Chinese government's policy is indeed an unexpected advertisement for decentralized exchanges. But I have a puzzle: how to exchange Fiat into cryptocurrency? The important role of centralized exchanges at present is to undertake the exchange of fiat and cryptocurrency.
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Topic
Board Bitcoin Discussion
Re: The difficulty of explaining Bitcoin to people is massive
by
Wendy Simth
on 27/09/2021, 01:46:51 UTC
The hardest part is the change in perception. When I mention decentralization, they think it's unbelievable and even nonsense.More friends are interested in Bitcoin not because of its technology, but because they hear that they can make money.
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Topic
Board Bitcoin Discussion
Re: Will the exchange cancel all Chinese users?
by
Wendy Simth
on 26/09/2021, 11:04:37 UTC
It's too unfair for Chinese people who want to invest in cryptocurrency. I hope they can find a way to deal with such tough measures as soon as possible.
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Topic
Board Bitcoin Discussion
Re: Dollar supporters destroy Bitcoin ATM in El Salvador
by
Wendy Simth
on 26/09/2021, 07:15:37 UTC
It's easy for them to oppose bitcoin, but it's too hard to accept it. I hope they have the opportunity to learn and understand bitcoin.
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Topic
Board Economics
Re: Future economic fear of the rich and poor.
by
Wendy Simth
on 26/09/2021, 06:57:26 UTC
Maybe the poor will not be afraid and have no time to be afraid. Just to survive has exhausted all its strength. The rich are afraid of losing wealth, while the poor may lose life.
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Topic
Board Bitcoin Discussion
Re: United state 🇺🇸 take the lead in global Bitcoin adoption 2021
by
Wendy Simth
on 26/09/2021, 06:46:32 UTC
This only shows that the United States is friendly to bitcoin and supports the development of cryptocurrency. The United States is a little inferior to El Salvador in setting the country's legal tender as bitcoin.
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Topic
Board Altcoin Discussion
Re: Is it good to invest on cheap promising coins?
by
Wendy Simth
on 25/09/2021, 09:34:18 UTC
A cheap thing is not necessarily a good thing. A good thing must be expensive because it is worth it.
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Topic
Board Bitcoin Discussion
Re: The difficulty of explaining Bitcoin to people is massive
by
Wendy Simth
on 25/09/2021, 09:16:01 UTC
I won't explain to anyone who asks casually. Unless it's those who have searched the information themselves and don't know anything, I'll discuss it with him. If a person who knows nothing about bitcoin, the explanation is in vain.
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Board Bitcoin Discussion
Re: feel like never wanting to use crypto again
by
Wendy Simth
on 25/09/2021, 08:48:46 UTC
I’ve been feeling a bit jaded lately and want to get out of the cryptocurrency business. Because spend a lot of time paying attention to the price rise and fall, the rhythm of life was disrupted, also affected the mood. I want to focus on improving my skills. The OP, like me, needs to adjust
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Topic
Board Bitcoin Discussion
Re: The life span of bitcoin is till infinity
by
Wendy Simth
on 25/09/2021, 07:58:37 UTC
There was a news that someone could crack bitcoin with a supercomputer, which later proved to be false. But in the future, it may appear. Anything is possible.
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Topic
Board Bitcoin Discussion
Re: Today I helped 2 non-crypto people invest in bitcoin
by
Wendy Simth
on 22/09/2021, 07:03:26 UTC
I wonder if you have explained to them the short-term risks of the market. When some of my friends want to invest, I ask them to invest in an amount that can accept a loss. However, they never thought about losing money. The first reaction is how much profit they will have.
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Topic
Board Bitcoin Discussion
Re: How does the scammer companies earn through bitcoin ?
by
Wendy Simth
on 18/09/2021, 08:24:43 UTC
Of course, fraud companies make money off of fraud, and Bitcoin is just a front for him. The fraud isn’t about bitcoin, it’s just one way to pay for it.