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Showing 20 of 229 results by anderson705
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Board Bitcoin Discussion
Re: Time to discuss next halving?
by
anderson705
on 16/09/2018, 08:55:44 UTC
The halving is a significant event, but people should not only look forward to it, because they know the price will increase when it happens. It is a marvel to admire because Satoshi anticipated that we would need a halving every 4 years to increase the rarity of the coins. I do not think that there are any relationship between the halving and previous spikes in the price.  Roll Eyes

I am just happy that we are still receiving a lot of coins to buy and this is something to celebrate.. as time goes by, less coins will be available for people to buy and we will have had a good opportunity to buy coins before all these halvings.  Grin Grin Grin


I fully agree with you here that Halving is a significant event in BTC. I remember last halving where there is a rush and r price goes up after it. People becomes aware and try to buy the bitcoin which add to the spike of btc price. Satoshi indeed is visionary to  anticipate this happening.
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Board Service Discussion (Altcoins)
Re: Erc20 wallet
by
anderson705
on 13/09/2018, 09:57:37 UTC
https://myetherwallet.com/
https://mycrypto.com/

Or better, using either of these sites through a hardware wallet like the Ledger Nano S[1] for better security.


[1] https://ledger.com/

I use myetherwallet on all my tokens and I am satisfied with it. For a more secured wallet I am planning to use a hardware wallet possible a Trezor for tokens that is for long term  Hold. MEW is convenient to use, just be sure you are suing a secured site. Do not click any link that is from your email, it might be a phishing link and your wallet might  get compromised.
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Topic
Board Altcoin Discussion
Re: Articles for BOUNTY campaigns. Manual by BROnty
by
anderson705
on 13/09/2018, 09:46:38 UTC
I am searching some topics like this and this is timely. Tips is great, and I hope I can apply it  on any project. Hope It can help to several people here who really needs it also. Continue to give more tips that can help our Cryptocommunity, bounty hunters and others.


+2 Merits is given  Wink
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Topic
Board Economics
Re: Exchange market data manipulation bringing the whole crypto market down?
by
anderson705
on 13/09/2018, 09:36:18 UTC
if this is true then it really must be stopped, faking market data is a serious crime, if you have watched the movie of leonardo di caprio, the famous pump and dump method that is artificially inflating the price just to look expensive to other players, a lot of exchanges are using this, i have no solid proof though, but i think it can happen and can be done.

I think its possible, just read somewhere that even Bitmex was accused of manipulating prices of a certain coin. We dont know, but its possible it  may happen. Also, maybe  they are doign a  worldwide FUD network to influence cryptocurrency price. All are speculation but its happening and we are asking why.

Is BitMEX Manipulating the Price of Ether; CEO Arthur Hayes Claims ETH Will Drop Below $100
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Topic
Board Bitcoin Discussion
Re: Is the existence of bitcoins a threat to jobs and national currencies?
by
anderson705
on 13/09/2018, 09:22:32 UTC
We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 

Actually bitcoin is not a threat to other jobs and currencies but rather a help for them. Some jobs can have an access of bitcoin that will make their name more effective because there are a lot of people who know bitcoin. And if it is a threat then bitcoin would be banned a long time ago but it is not. Bitcoin can really help to the existence of job and currencies in the world.

I think its not a threat too, but rather creates another way to earn or an opportunity for any people from anywhere in the world. Its not a threat to jobs but create a job  in my opinion.  Now with  cryptocurrency,  you can tap anywhere  for a  project and paid in bitcoin or any coin he prefers. Its very innovative now a days and a cheaper way to scout for talent who can deliver.
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Topic
Board Trading Discussion
Re: Buy This Dip or Wait ?
by
anderson705
on 13/09/2018, 09:10:09 UTC
I think should be aware of market movement. Also, when you buy, do not buy in one instances. Buy in staggered order in small amount. Example when it dips, buy 25% of your money. If it dips further buy again another 25% depending on your tolerance. Be sure to buy only good coins, a coins that you have been thorough studied and trust.
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Topic
Board Speculation (Altcoins)
Re: ETH fail 2018?!
by
anderson705
on 13/09/2018, 08:58:02 UTC
ETH fail 2018?!
What do you think guys ,can we see again price $ 10 ?
No one ever predicted that the price of Ethereum was going to fall below $180 in 2018, and yet it happened. It might have somehow be a failure on the part of the developers. I think Ethereum is struggling to retain its position as the second most sort after crypto.

Thats true, its  sudden dip in 2018 is unexpected and many are left hanging and asking why. But, I  have a big trust on Ethereum, and even  I am a little worried, but I am aiming for long term Hold. Eth has great project and uses, it will stay but for it to go back to its form,er price, it may take several months maybe.
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Topic
Board Economics
Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip.
by
anderson705
on 13/09/2018, 08:44:50 UTC
this is the diffrence of experience trader to the newbie traders. experience traders buy when market is panic selling while newbie trader sell when market is bearish resulting for loss of their investment. trading is a game of minds if you don't have patience better stay away in trading specially in crypto as market here is very volatile.

Absolutely. As an investor you need to play smart and considered different factors. It is not only the present but it is how you see what is going on to the future. This is a game in which you need to have patience in everything. You also need to recognize how the market really works in able to understand what is really going on.

I fully agree with you. Investors that has foresight and study the whitepaper and about the project, will accurate more  when the coin drops. There is an opportunity on every dip. As long as they have extra cash to buy, they accumulate and wait. Holding is very rewarding in trading.
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Board Trading Discussion
Re: Panic of traders
by
anderson705
on 13/09/2018, 08:27:35 UTC
as a trader like me it is normal to be afraid and to panic when the price of market or crypto coins fails because we can not do it but we can sell it at a cheap price when we lose our investment.

That cutting your loses not to lose more. I think its not good to panic sell, be firmed as long as you trust your coin and the development behind. But if you are uncertain about your coin, its better to cut loss so that you cant incur more damage. Aim for long term too, but be aware always on whats  happening.
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Topic
Board Bitcoin Discussion
Re: How do we change the public's view of Crypto world?
by
anderson705
on 13/09/2018, 08:13:51 UTC
You can tell your relatives and friends about crypto, increase awareness, make sure you do things for the bitcoin community, posting on this forum is one of these things, help a beginner, answer the question, this can be a crypto fan.

Increase awareness about educating them is a good way to change peoples  view. Teach them the basics and its possibility. Explain also the negative side which drag the cryptocurrency in bad faith. Be honest to the people,its a must.
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Topic
Board Trading Discussion
Re: Crypto Bull Run!!!
by
anderson705
on 08/09/2018, 11:15:34 UTC
 
Bull run is every investor is waiting for this 2018. They are expecting that to happen just as the year ends. This may last about 6 weeks. Buy your coins now while the price is low. Higher chances that the price will go up his coming weeks.

Indeed, everyone is waiting for  it. Traders love it. Me too is not expecting too much this 2018 but who knows. Anything can happen and can shatter our expectations. I hope this years bull run  can surpassed from last years, its awesome. I hope more good news is coming before ending the  2018.
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Board Altcoin Discussion
Re: Look at the market, are you scared?
by
anderson705
on 08/09/2018, 11:04:56 UTC
Each of us have different perceptions regarding the current situation of the market. As one of the user here that already experienced the downfall of crypto currency market, I believe that it will recover soon as I refer on its previous years performance in which the bad situation of market is just normal that can increase its value soon as by hope of many users as well as those investors here in the world of crypto currency community.

same here. I am not scared even i lost ion some on my portfolio. Why fear when the world is your market? I just believe  that as we go along,  there is a growth. More adaption, more applications will be created and more market is being opened. Just let the system work and wait. Time is our friend here.
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Topic
Board Altcoin Discussion
Re: What cryptocurrency should I buy now?
by
anderson705
on 08/09/2018, 10:52:08 UTC
I think ETH and Bitcoin are on dips now and can recommend to buy both right now. $215 for ETH is a gift and Bitcoin below $6500 is a sale! I bought and will HODL till new bull run.

Well sounds good. Also check the coinmarketcap.com . Buy the coins on its dip and also, buy what is listed on the top 20 listings or with solid capitalization. Check the circulating supply,volume,and which exchanges it was listed, and the graph of prices listed. This could be a clue  which coin coin to buy.
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Board Trading Discussion
Re: Why Do People Dump Their Precious Tokens With Ridiculous Low Price
by
anderson705
on 08/09/2018, 10:41:09 UTC
Who knows the reason only for themselves. But I think they are worried that the crypto market will not go up again. They don't want to be caught in a worse situation. Maybe they have been waiting for a few months when the market doesn't recover. So they take steps to sell coins even though they lose.

That is the possible scenario. Losing faith in cryptocurrency and even at a loss, they are selling it. Continues  FUD news and uncertainty in government policies adds to this sell off. I hope this problem will be solved and all stakeholders should iron out this issues.
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Topic
Board Archival
Re: Ethereum Will the Next Bitcoin?
by
anderson705
on 08/09/2018, 10:30:02 UTC
I think Ethereum won't be the next Bitcoin.  Bitcoin market cap still high, but the ETH is also a large coin with high potential. Bitcoin will still lead cryptocurrency.
Though Ethereum is a promising one but bitcoin is the pioneer and has so many supporter too. Besides Ethereum is a platform while bitcoin  has no projects under  him. Both has its own purpose and I think Eth cant dislodge bitcoin.  Even Ethereum has a bigger supply compared to bitcoin and possible it can surpassed the bitcoins capitalization, bitcoin will still be available and popular in my opinion.
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Topic
Board Trading Discussion
Re: Trading or not?
by
anderson705
on 07/09/2018, 10:39:06 UTC
If you have done your research satisfyingly,looked at the charts and the coin itself and you are determined that you have
made the right choice,then stick to that choice.It will take long time to do this but if you are not willing to do all of this research, then you are advised to leave the market as soon as possible. Otherwise, you loose your money,time here.

You may have a point but for the market right now, I am having a trading holiday. Cheesy Its very risky right now and is a good opportunity to buy if you have a favorite coin that is on dip. I just relax an observed right now, and if you trade, please carefully study before making any decision as its very volatile.
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Topic
Board Altcoin Discussion
Re: What are you using ETH for?
by
anderson705
on 07/09/2018, 10:27:06 UTC
ETH is one and leading atlcoins which has so many use , but I use it to buy other alts just like btc and store also for long term investment which I believe is the best case for it use.

Same here, I used it also the Eth to buy the ICO's and some tokens. But right  now i it looks kike I am at a losing end since Eth prices was low. I should save also Eth and hold at he moment  as market is very volatile. Eth is very promising but  its full of uncertainty right now. I hope it will recover soon.
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Board Trading Discussion
Re: Can I daily earn 10%
by
anderson705
on 07/09/2018, 09:43:09 UTC
Yes, if you are a full time traders or day traders that you have already mastered the art of trading in which you could earn more than that 10% but not all the times you will have the luck to earn it that much specially at this moment in which the market is always fluctuating.


I agree, you can earn 10% or more daily. As long as you are studying the movement and learning your technical and fundamentals its very possible. But you can lose too more than 10% if you are not fast enough in making decisions. Trading cryptocurrencies is very risky, but it can be profitable too. Just be aware always and  dont forgot to cut loss if you know where it is heading.
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Topic
Board Trading Discussion
Re: Should I stop trading in this bear market?
by
anderson705
on 18/08/2018, 06:16:16 UTC
The main aim about trading is to make profit, if you can't make profit then don't trade at all, what for you sacrifice your time and your energy to search news and reading chart but still lose money, in this bear market the most suitable action is to buy and hold potential coin

Well, for me this bearish is an opportunity to look for bargain. If I may not profit right now, I see to it that sooner I will gain a profit when market recovers. Also if I get bored in trading, I do some activities that I may enjoy like playing with my pet dog, having a new haircut, go fishing etc. Get a life also  and have a break in trading whenever a market is not favorable and if you feel burn out.
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Topic
Board Altcoin Discussion
Re: Short term Trading investment or Bounty campaigns?
by
anderson705
on 18/08/2018, 06:05:07 UTC
I think do both. So one day you don't lament and will get twofold advantage from both. Since exchanging can make open doors for you to win pay. So is the abundance battle. So you should attempt to do both and buckle down with abundance.

Yes both. You can do both at the same time. While joining bounty campaigns, you can also trade and it complements the other also. Day trading, short term trading is also good as long as you are very active online and being updated always of prices.