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Showing 20 of 44 results by YouKnowMe
Post
Topic
Board Altcoin Discussion
Re: Bitcoin earning
by
YouKnowMe
on 05/02/2018, 09:06:24 UTC
It depends on the availability of your time and resources.

Mining consumes more, both time and resources. But with proper management, you can gain bigger returns.

Whereas buying coins and trading requires minimal supervision,

especially if you are into holding coins that you think have a huge potential.

or

You can do both if you have resources and time.

A huge factor comes from your dedication and persistency to achieve your goals.
Post
Topic
Board Speculation
Re: Is 2018 the downfall of bitcoin?
by
YouKnowMe
on 26/01/2018, 07:54:49 UTC
I dont think so, if we look back at BTC charts a few years ago, it's noticeable that it usually fluctuates at the beginning of the year.

Probably this is the effect of holiday seasons all over the world, people tend to convert their BTC into their respective fiat money to buy valuables or services in establishments that doesn't accept BTC yet.

But in the past year, BTC gained so much popularity that it caught the eyes of the government and banks all over the world.

BTC will continue to be popularize and maybe in the near future banks and establishments will start to accept BTC as mode of payment to most commodities. If that happens, such fluctuations will be minimized or eliminated.

2018 has the most oppurtunities for BTC, so we cant say that its the downfall of BTC, its just getting started. 
Post
Topic
Board Beginners & Help
Re: How to start Crypto Trading with Zero knowledge..?
by
YouKnowMe
on 26/01/2018, 07:29:19 UTC
Even the best of best crypto specialist can't completely help you my friend. It's up to you, your success depends on your patience and consistency.
You may start and ask questions to this thing called "google".
You will gain knowledge about trading by participating in alt coin discussions or just read articles on this forum.
Reading a lot and asking questions and advice to my colleagues help me understand the trading system.
Post
Topic
Board Bitcoin Discussion
Re: Does any bank accept Bitcoin?
by
YouKnowMe
on 26/01/2018, 03:13:15 UTC
Banks today are still in agony weather to accept BTC because of its volatile value. But some banks offer the services of converting your fiat into BTC, but not BTC into your fiat money.

In my opinion, its better not to involve banks in managing your COINS, they will just chip a piece of your funds and make the transactions difficult and time consuming (based on my experiences where banks were involved).
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin for Survivalists
by
YouKnowMe
on 26/01/2018, 02:57:12 UTC
Bitcoin and Gold have their own respective perks. If your looking for a short term investment that appreciates fast, I recommemd to go for BTC, just be very vigilant in reading news and infos on whats happenning in the system. If your into long term investment with a relative return of funds, I suggest stick to gold or other sort of physical investments.
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Topic
Board Bitcoin Discussion
Re: Bitcoin gambling as investment?
by
YouKnowMe
on 25/01/2018, 16:15:29 UTC
Its a huge risk. Youre not directly involved in controlling your money.  Its just like shootng an apple while riding a saddle while being blindfolded.
Investing itself is risky, evenso letting other people manage your investments without further knowledge on how they will manage your funds is on a whole new level of risk.
Post
Topic
Board Speculation (Altcoins)
Re: Can ETH reach BTC value ?
by
YouKnowMe
on 25/01/2018, 16:03:45 UTC
It's possible that ETH can reach BTC's value. A few months ago ETH was valued at $293, now it's worth $1k. Now that BTC seems to be dumping hard, more and more are seeking ALTCOINS for refuge, and ETH is taking the spot light.
Post
Topic
Board Speculation
Re: And now we are below 13000$ - down 6000$ in just 4 days
by
YouKnowMe
on 22/12/2017, 08:46:17 UTC
This was the effect of Christmas rush. People converted their BTC to Fiat money to buy gifts and prepare for upcoming celebrations. Be patient, the great surge is yet to come.
Post
Topic
Board Trading Discussion
Re: Do people actually buy coins with real life money?
by
YouKnowMe
on 22/12/2017, 08:34:44 UTC
Yes, people do buy cryptos with real life money. What else do you think was used to buy crypto currency?
Many people get exited when they observed that BTC price was going sky high and want to go with it. With those with millions of dollars in their pockets its no big deal.
Now that BTC its dumping hard its even more better to start buying it.
Post
Topic
Board Bitcoin Discussion
Re: Future is crypto currency
by
YouKnowMe
on 21/12/2017, 19:08:28 UTC
Cashless society, its a bit scary to some people but this will open to bigger opportunities. It will make our life easier. We can save Decades of time just be standing by on line waiting to pay our bills.

Imagine placing your order on your favorite diner and paying it by a click while sitting comfortably on the diner seat.
No lines, Noits counting of bills, No counting of change, just sitting there waiting for the food to be served.
Post
Topic
Board Speculation
Re: Why bitcoin going down?
by
YouKnowMe
on 21/12/2017, 18:33:12 UTC
Its going down because of:

1. Investors are rebelling because the high transaction fee on platforms.

2. Invenstsstor are trading BTC to altcoins

3. Panic Selling

4. Investors are digging to Bitcoin Cash

But hey! Its the perfect time to buy BTC!
Its predicted to reach 50k USD next year.
Have a wonderful year ahead.
Post
Topic
Board Bitcoin Discussion
Re: interest in bitcoin is increasing
by
YouKnowMe
on 21/12/2017, 18:22:49 UTC
Sure thing. Bitcoin caught the interest of the world, still, a lot of people dont have any idea about Bitcoin. We need more advertising and campaign to promote Bitcoin and enlighten those people that are not aware of its potential.
Post
Topic
Board Bitcoin Discussion
Where Are We On the 21M BTC Mark?
by
YouKnowMe
on 21/12/2017, 18:15:02 UTC
Where are we on the 21M BTC that was initially created?
What will happen to BTC as we approach that value?
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is DEAD Again!!
by
YouKnowMe
on 21/12/2017, 17:38:37 UTC
Dead AGAIN?
When does Bitcoin died?
Bitcoin will always find its way around. Though the price is dumping a lot today there's nothing to be worried about, its the perfect time to buy BTC. Earn some BTC for yourself today and enjoy the returns in a few days!
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Topic
Board Bitcoin Discussion
Re: Optimistic for 2018?
by
YouKnowMe
on 20/12/2017, 05:55:50 UTC
Being Optimistic is the key to success!
Of course there's always a risk in investing. So what should we do?
Instead of worrying too much weather our investment will succeed, we must stay optimistic. Its the best that we can do.
After all worrying too much will only make the situation worst! Happy New Year!
Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin Die Because of China?
by
YouKnowMe
on 18/12/2017, 16:57:48 UTC
I dont think that Bitcoin will disappear if China decided to block Bitcoin in their country. The rest of the world is very interested to Bitcoin. It became even more popular today, now that it reached 19k USD. There is no stopping it.
Post
Topic
Board Altcoin Discussion
Re: UK threatens to shut down BitConnect
by
YouKnowMe
on 15/11/2017, 05:14:53 UTC
That would be good, Bitconnect promises you to earn 200% within a year, but in reality you will only get your initial investment after a year of waiting and you have to wait for another year to actually gain something. Your initial deposit will be out in the air, you will never get a hold unto again.
Post
Topic
Board Bitcoin Discussion
What is he Future of BTC?
by
YouKnowMe
on 09/11/2017, 09:38:13 UTC
Remember when BTC was 200 USD?

Over the past months its value drastically increased.

Month after month, it surpasses its all time high value.

Let's hear what are your thoughts about the future of BTC.

How high will the price of BTC reach in years to come?
Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
YouKnowMe
on 04/11/2017, 02:14:10 UTC
Yes, that would be very risky, any investment is. Invest only what you are prepared to loose. Don't put all your eggs in one basket.
Read more on the upcoming events that might affect the price of Bitcoin, that will be your guide to predict where your investment is going.
Post
Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
YouKnowMe
on 03/11/2017, 06:55:11 UTC
It's never too late to buy BTCitcoin. The price should go up as long as we didn't acquire yet all 21MBTC, the demand for BTCitcoin will surely become higher as we approach the 21MBTC mark.
By the way we are at 16.7MBTC as of October 2017.