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Showing 20 of 352 results by boakyei
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Board Exchanges
Re: Do not use Coinbase
by
boakyei
on 01/03/2019, 18:34:03 UTC
Coinbase is a respected industry player in cryptocurrency market and won't violet it clients privacy without thinking of its outcome on it brand. I think looking to the future and the regulations of cryptocurrency might be in the interest of the giant firm to enable it control who come in and go out.
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Board Bitcoin Discussion
Re: What do you want to see for Bitcoin - A stable or a volatile market?
by
boakyei
on 01/03/2019, 17:53:27 UTC
There are coins specifically meant for stability like USD and if Bitcoins also have a stable coins then no need to trade it. Volatility of market is good for trading and speculations; hence bitcoins should be volatile for that purpose.
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Board Speculation
Re: BTC To raise before SEC decision or after?
by
boakyei
on 11/12/2018, 18:19:25 UTC
In the short term it will still make bitcoins rise slow since the believe traders want to find in bitcoins won't be there as a result of lack of regulations from the commission.
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Board Speculation
Re: Where Bitcoin will skyrocket this time?
by
boakyei
on 11/12/2018, 18:17:18 UTC
Quote from: mjglqw on December 11, 2018, 03:08:54 PM
If bitcoin was to skyrocket again, no one knows what percentage increase we would have. Not to mention bitcoin isn't guaranteed to skyrocket in the first place. Not because it happened in the past, while definitely not impossible, it doesn't automatically mean that it will happen again. Who knows? We might have a very slow increase for a decade this time, or even a decade of price stagnation?
That is the problem of many bitcoin users. They always think of bitcoins going to the moon and skyrocketing without thinking that bitcoins is basically meant for peer to peer transfer and not as investment vehicle to give much profit.
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Board Bitcoin Discussion
Re: Simple Tips Keeping Your Bitcoin from Hackers.
by
boakyei
on 11/12/2018, 18:14:29 UTC
The best tips for keeping bitcoin from been hacked is to use google 2FA on all your exchange wallets and ensure to bookmark all sites that leads you to your favorite crypto sites.
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Board Beginners & Help
Re: Is there any way to claim any free crypto ?
by
boakyei
on 06/12/2018, 23:59:50 UTC
If at 2010, you could have accumulate free bitcoins with faucet but now it is not profitable considering the amount you will spend on faucet (which is a sure way to make free crypto). Apart from faucet, bounties are the best but is not easy to make meaningful money out of bounty in this bear market.
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Board Bitcoin Discussion
Re: Medium of Exchange vs Store of Value: Where is Bitcoin today?
by
boakyei
on 06/12/2018, 23:57:37 UTC
Bitcoins is best describe as a medium of exchange rather than store of value. It is this simple understanding most people lack that they presume bitcoins is an investment and after they invest heavily it and price dip, they complain and whine about bitcoins been a scam.
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Board Bitcoin Discussion
Re: Even people in here now give up on Bitcoin
by
boakyei
on 06/12/2018, 23:55:51 UTC
What research did you do to know that people in here is giving up on bitcoins. Bitcoins has been like this before and there was a lot of negative things said about it as it is done now. it is not new and don't think it will be last too.
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Board Bitcoin Discussion
Re: Things Obviously Are Not That Bad Because Whales Say So
by
boakyei
on 06/12/2018, 23:53:17 UTC
It is an opportunity for people with more money to accumulate more coins and hold till it goes up. But if you panic sell you might regret in the near future when the price of bitcoins go up.
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Board Bitcoin Discussion
Re: Is crypto capable of making the world go digital?
by
boakyei
on 05/12/2018, 15:40:19 UTC
Visa card , mastercard and other online payment system existed before crypto yet the world did not go full digital. Crypto can add up to the digital adoption of many people but not as the main factor to make the world go digital.
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Board Bitcoin Discussion
Re: Is Bitcoin for the people or for the corporations?
by
boakyei
on 05/12/2018, 15:24:01 UTC
It is good concern about the freedom offered by bitcoin is raised since financial institutions and regulatory bodies are taken over the use of bitcoin, it purpose of giving freedom  will be lost. Bitcoin is now controlled by big corporate bodies and miners.
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Board Bitcoin Discussion
Re: Bitcoin Destroyed me at all.
by
boakyei
on 04/12/2018, 23:59:47 UTC
Never invest too much you can't afford to lose. I think you believed the popular adage of hold while those that promulgate those ideas are trading their bitcoins each day. Learn to trade bitcoins with some margin and leverage and increase your bitcoins rather than waiting for it get back to 11k, which seems far away from now.
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Board Bitcoin Discussion
Re: What happens when bitcoin becomes stable?
by
boakyei
on 28/11/2018, 19:17:51 UTC
Bitcoin is not going to be stable. The demand and supply of bitcoins is not going to let bitcoin to pegged against a particular price. As the assets on stock markets do go up and down so is bitcoin.
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Board Trading Discussion
Re: What you should do when you lose most of money?
by
boakyei
on 23/11/2018, 23:38:06 UTC
If you consistently keep a trading journal then you can revisit it and do much correction when you lose money or fail. With this, you can restratregize and move on to make good of the bad trades you made in the past.
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Board Trading Discussion
Re: Can I daily earn 10%
by
boakyei
on 23/11/2018, 23:35:15 UTC
Setting a profit target seems impossible in the crypto market and I can say no you can't earn that amount even with a whole lot of experience and knowledge. Even if you can make that amount in a day, you will end up losing it another time.
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Board Trading Discussion
Re: How to survive
by
boakyei
on 23/11/2018, 23:32:27 UTC
The normal buy and hold for long term to benefit from price appreciation wont yield you any money but trading with a experience can help you to make money especially if you can trade in the bear market.
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Board Bitcoin Discussion
Re: Fidelity entering the crypto world
by
boakyei
on 14/11/2018, 10:21:25 UTC
This kind of news is good for the crypto community and hopefully most institutional investors and financial institutions will be getting involve in cryptocurrency on large scale.
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Board Bitcoin Discussion
Re: Bitcoin was made by CIA or NSA
by
boakyei
on 13/11/2018, 20:16:42 UTC
This assertion will be hard to believe that CIA created this cryptocurrency that has a lot of government seeking to shut it down or restrict it uses.
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Board Bitcoin Discussion
Re: What are you most interested in learning about?
by
boakyei
on 13/11/2018, 20:11:30 UTC
My interest is on how to get certified in Blockchain industry and become an expert. I intend to do this with learning all as I can with free resources online and take an online courses too.
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Topic
Board Bitcoin Discussion
Re: Bitcoin as an example of true democracy ?
by
boakyei
on 12/11/2018, 16:07:33 UTC
The right of every holder of bitcoins is an example of true democracy on the blockchain and in the field of  p2p remitance service. The freedom of transactions bitcoin give in a decentralize network is a good example of democracy.