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Showing 20 of 25 results by Zinacrypto
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Topic
Board Altcoin Discussion
Topic OP
Learn before Setting up trades
by
Zinacrypto
on 04/04/2021, 19:43:27 UTC
I got a friend who started trading during the bullrun and as we all know, a lot of magic tend to occur during bullruns like 100%, 300%, 500% up to 1000% within a short period. He bought a coin with market order after I guided him and when it was time to sell, he sold after making some profit. He used this pattern to get buy calls and sold as he made profits. Trading was fun, he enjoyed a lot and made money. At a point, he wanted to open an academy to tutor people and this is so hilarious because he had zero idea about trading.

One day he bought a coin and was giving take profit zone and stop loss zone, to my greatest surprise he never set the stop loss because he did not understand how it works and when he went to check back as usual to see his profits, he came back to see his worth diminishing. At first he thought it was an error, network issue and he had to switch off his internet connection and reconnected again. He tried several times and got same result and had to raise alarm his account has been hacked. Lo and Behold, when he told his friends and he narrated his story they started laughing so hard and this was when he realized that he has messed up. It was so funny and painful at the same time because he had lost huge some of money as he was scared and had to close the trade.

His friends started making fun of him and asking him, is this how you would have led or taught your students. He angrily left but they had to call him and apologised for laughing so hard but then told him that never joke with acquiring the right knowledge. You need to learn lots of terminologies and techniques in the crypto space and he had to shun the idea of opening a trading academy and had to learn about market orders, limit order, stop loss and OCO.

Sounds hilarious right but this happens to lots of noobs in this space and kattana is here to solve this by providing you with a trading terminal and specialized tools accompanied with 3 limit order types that will teach lots of people and avoid them making same mistake my friend did.

Learn and then you can earn without making grave mistakes
Post
Topic
Board Bitcoin Discussion
Re: 1irstcoin LLC- The Leading Exchange Aggregrator commences IEO on P2PB2B
by
Zinacrypto
on 20/07/2019, 15:23:44 UTC
Project looks good but no information on start of IEO and maybe minimum purchase and stuffs related like that. It will be good you let us all know so we can follow up to know
Post
Topic
Board Trading Discussion
Re: Too many new Exchanges
by
Zinacrypto
on 20/12/2018, 11:00:29 UTC
The crypto space is a very volatile and non regulated space so everyone wants to involve and earn its own profit. Also most of the old exchangers are way too high and makes it very hard for new coins to get listed with exorbitant fees so the new exchangers keep sprulling up with very easy terms and condition
Post
Topic
Board Announcements (Altcoins)
Re: XGoldToken: A decentralized Beta System for Trading of Mineral Resources
by
Zinacrypto
on 16/07/2018, 12:37:34 UTC
How can traders get rewarded with this token? Is it just be selling or is their any referral program?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum AI - Artificial Intelligence Discussion Platform on ERC20
by
Zinacrypto
on 04/04/2018, 05:53:23 UTC
Nice Project, I see an upcoming exchange on the site,  I hope it is soon and if so, the project is cool because allocated percentage for airdrop is great. Nice one dev team
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xaurum [XAUR]
by
Zinacrypto
on 16/12/2017, 22:24:32 UTC
this is awesome. I will definitely throw some fund into this.
Post
Topic
Board Lending
Re: Seeking Long Term Loan Or Investors for Consensus Mining Operation
by
Zinacrypto
on 16/12/2017, 22:09:31 UTC
how do one go about this?
Post
Topic
Board Bitcoin Discussion
The Fundamentals and basis of Bitcoin
by
Zinacrypto
on 15/12/2017, 00:42:23 UTC
WHAT IS BITCOIN?

Bitcoin is the first decentralized digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like Dollars or Euros or Pulas or Naira or Rands – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problem.
It’s the first example of a growing category of money known as cryptocurrency.

What makes it different from normal currencies?

Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, pulas or rands which are also traded digitally.

However, bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralised. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.

Who created it?

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.

Who prints it?

No one. This currency isn’t physically printed in the shadows by a central bank, unaccountable to the population, and making its own rules. Those banks can simply produce more money to cover the national debt, thus devaluing their currency.

Instead, bitcoin is created digitally, by a community of people that anyone can join. Bitcoins are “mined”, using computing power in a distributed network. This network also processes transactions made with the virtual currency, effectively making bitcoin its own payment network.

So you can’t churn out unlimited bitcoins?

That’s right. The bitcoin protocol – the rules that make bitcoin work – say that only 21 million bitcoins can ever be created by miners. However, these coins can be divided into smaller parts (the smallest divisible amount is one hundred millionth of a bitcoin and is called a ‘Satoshi’, after the Founder of Bitcoin.

What is bitcoin based on?

Conventional currency has been based on gold or silver. Theoretically, you knew that if you handed over a dollar at the bank, you could get some gold back (although this didn’t actually work in practice). But bitcoin isn’t based on gold; it’s based on mathematics.

Around the world, people are using software programs that follow a mathematical formula to produce bitcoins. The mathematical formula is freely available, so that anyone can check it. The software is also open source, meaning that anyone can look at it to make sure that it does what it is supposed to.

What are its characteristics?

Bitcoin has several important features that set it apart from government-backed currencies.

1) It’s decentralised

The bitcoin network isn’t controlled by one central authority. Every machine that mines bitcoin and processes transactions makes up a part of the network, and the machines work together.

That means that, in theory, one central authority can’t tinker with monetary policy and cause a meltdown – or simply decide to take people’s bitcoins away from them, as the Central European Bank decided to do in Cyprus in early 2013 or in Greece in 2015.

If some part of the network goes offline for some reason, the money keeps on flowing.

2) It’s easy to set up

Conventional banks make you jump through hoops simply to open a bank account. Setting up merchant accounts for payment is another Kafkaesque task, covered by bureaucracy. However, you can set up a bitcoin address in seconds, no questions asked, and with no fees payable.

3) It’s anonymous

Users can hold multiple bitcoin addresses, and they aren’t linked to names, addresses, or other personally identifying information.

4) It’s completely transparent

Bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger...

5) It's inflation free

The value of Bitcoins keeps going up over time... in 2009 the year when it started it had close to Zero value... in 2016 it was $350 in value... in Aug 2017 it was $3500... guess what was the value 2 months later? Over $4000 and it's still growing!

6) It's cheap and low cost

Bitcoins transaction fees are many times cheaper compared to all fiat currencies like Dollars, Euros, Naira, Rands, Pulas, etc. This is because of the way the computer system is structured you don't need to pay enployee salaries and there are no oberhead costs like with banks

7) It's global

This crowns it all! You can buy anywhere and as stated earlier you can biy anything with bitcoins - cup of coffee, airtime, plane ticket, car, anywhere in the world and there are many sites where you can change your Bitcoins to fiat currencies. There's more than 1 million companies online that accept Bitcoins as a means of payment!
Post
Topic
Board Altcoin Discussion
Re: Any new airdrop coins?
by
Zinacrypto
on 25/11/2017, 09:49:55 UTC
 https://bitcointalk.org/index.php?topic=2459490.new#new

Shareel Coin is giving 5coins to members that participate in preICO

Airdrops are coming waooo I see it as a good project after going through their whitepaper and road mao
Post
Topic
Board Bitcoin Discussion
Re: What Are Your Greatest Fears As a Bitcoin Holder?
by
Zinacrypto
on 22/11/2017, 06:05:47 UTC
My greatest fear is if  most countries place a ban on it due to the fact that the transactions are not traceable and it will scare people from buying hence pushing its price down
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Topic
Board Bitcoin Discussion
Re: crypto Currency is making people millionaires all over the world
by
Zinacrypto
on 21/11/2017, 05:48:12 UTC
Yes you are right. Many millionaires have been made via crypto and many more will be made too
Post
Topic
Board Economics
Re: If bitcoin price is $10.000, will fiat be worthless?
by
Zinacrypto
on 21/11/2017, 03:40:58 UTC
FIAT will still be useful because the government prefer fiat and they are in charge of the currency. they determine the growth and they can easily trace any transactions and nail down fraudsters
Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin an asset or a currency?
by
Zinacrypto
on 21/11/2017, 01:58:12 UTC
bitcoin is a currency but the ability of controlling it at your own dispense makes it a huge asset that you can use to get things easily as the value keeps rising so I can say bitcoin is a currency and an asset at the same time
Post
Topic
Board Announcements (Altcoins)
Re: 🚀🚀 TFTM - Free 53 tokents🚀🚀
by
Zinacrypto
on 20/11/2017, 17:58:00 UTC
user login: donbullezin
telegram id:@donbullezin
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][OpenBeta] FirstBlood.io - Come Play!! 1ST Esports Competition Platform
by
Zinacrypto
on 20/11/2017, 11:29:11 UTC
Nice project and let it be a feasible one so many can benefit when it hits the market
Post
Topic
Board Announcements (Altcoins)
Re: [ICO][Airdrop] StockBlock - Copyright protection & Marketplace for Media Artist
by
Zinacrypto
on 20/11/2017, 10:21:08 UTC
Nice project and I pray it goes well and becomes successful
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] iBTC | The New (ERC20) Bitcoin Part 2 Air Drop Closed
by
Zinacrypto
on 19/11/2017, 05:34:44 UTC
nice one just joined on twitter
Post
Topic
Board Services
Re: KAELUXDEUZ DESIGNS│Logos│Avatars│Ann Thread│Signatures│Free Designs|And More...
by
Zinacrypto
on 15/11/2017, 03:44:29 UTC
I need an avatar and signature line. Can you design that fore and it is needed urgently
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] iBTC | The New (ERC20) Bitcoin Part 2 Air Drop
by
Zinacrypto
on 14/11/2017, 14:36:35 UTC
Nice project @ibtctoken #ibtc www.ibtctoken.com
Post
Topic
Board Bitcoin Discussion
Re: BTC will do a major cumback!
by
Zinacrypto
on 13/11/2017, 05:32:07 UTC
BTC will rise again it is normal and then the 10k$ mark will be reached when it begins its journey of rising