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Showing 20 of 401 results by boynamnhi
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Board Economics
Re: Investors continue to invest in crypto-currency
by
boynamnhi
on 21/09/2018, 14:13:44 UTC
Yes there are still many people that are making their investments in some Crypto because they are still believing that Crypto can make a valuable profit even the current price of any cryto in the market are in the low price that's keep on holding and joining some good currency.

As we can see the market as a whole is going down, the market capitalization reach its all time low since last year. But the world wide adoption going on is a big help even we dont see it in the market behavior right now. Many countries regulating cryptocurrency in order to study it and use the technology behind it. This is good news for us even institutional investors planning to invest in crypto even we dont see it yet in the market chart. So we just have to be patient and next party will soon come.
I am agree with your point of view, Even if the market is not really high as we want it to be but at the same time it is being wide as bitcoin web was not spread that widely but now it is being highlight all over the world and people are investing, this process will never end, bitcoin is getting large only getting high in price as well. As same as those thousands of people we should take good part in making bitcoin market higher again.
Capitalization rate was half of last year while bitcoin price could reach 9k $, which proves that when the market capitalization reaches the value of last year, the bitcoin price is estimated at $ 18k. A great chance to get rich, everything will be fast and maybe now is the best time before it's too late.
Post
Topic
Board Economics
Re: Bitcoin business success
by
boynamnhi
on 21/09/2018, 13:14:30 UTC
I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?

A lot of mainstream companies are now realizing the value of bitcoin especially when in comes to payment methods so in this sense those companies who pioneered bitcoin will definitely see a huge growth on their portfolios.
Yeah, I think bitcoin success is in our hand. In our modern world, technology has the highest influencial. Bitcoin has been created to prove that we are now in the new era and I think bitcoin will be use in different industries. That's a good sign of success.
In my country there are some businesses that pay ETH workers, I do not think that's a good decision until the leaders of these companies say they have bought ETH since their price is $100. That proves not only bitcoin that ETH is worth the investment
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Topic
Board Economics
Re: Beside Cryptocurrenices where would you invest?
by
boynamnhi
on 20/09/2018, 14:18:15 UTC
I have not planned of investing other than cryptocurrencies. Most of the banks in the system are corrupt and always would run with your money which might affect your cognitive thinking.
Well this is something interesting to ask someone choose another source besides his favorite source of investment. I choose real estate business in which Bitcoin is also involved so this will intensify my interest in the crypto world connecting something practical to it is better. And this is good as well if you diversify your investment and getting your profit from several ways is better than from a single source.
Probably in the stock market there is no market that gives me more opportunities like bitcoin. The stock market's momentum is crazy, it's risky and also a chance, it's the same with bitcoin and I like it.
Post
Topic
Board Economics
Re: Bitcoin as a Retirement Account
by
boynamnhi
on 20/09/2018, 14:07:47 UTC
A similar situation unfolds with the usual Pension Funds. The market of crypto-currency is very unpredictable and it is impossible to guarantee that at the time of retirement bitcoin will rise in price.
I think so, if bitcoin becomes a retirement account, then it has two possibilities. if the price is high at retirement, it will be very happy because it will get a high number of retirees, but if it happens otherwise, it will be miserable, the fluctuation of bitcoin make it impossible
A big savings from bitcoin if the bitcoin price reaches $50k by the end of the year, why do not we try if we get a chance to get rich. Not at all we have a good chance, miss the opportunity in fear is a mistake
Post
Topic
Board Economics
Re: Will the bitcoin be outdated by another currency?
by
boynamnhi
on 20/09/2018, 13:07:46 UTC
If we compare the technological achievements that we have today with those that were twenty or thirty years ago, we will conclude that everything that at one time we thought was superior and irreplaceable has come to fall into absolesence with the passage of the years. Unfortunately I do not think that the case of blockchain technology happens in a different way, and in fact at this very moment we are witnessing the great enthusiasm that cryptology is generating, stretching the technological limits of new cryptocurrencies to levels really unsuspected a few years ago.

This does not mean that the bitcoin as a store of value or as a long term investment ceases to be convenient or loses its usefulness over the years, but in strictly technological terms it is a fact that sooner or later it will be outdated.

I agree with you here and i would like to show this graph to give an idea about the incrising technological advancements



Going back to the question of the op, truth is we cannot know, it depend also from the changes that bitcoin will undergo in the future.

Yes, more and more advances in technology and especially in information technology. Electronic money is one of those advances, looking at the chart I see all the advances from 2012 can be dominated by electronic money if the electronic money grows. I believe that bitcoin will not be outdated because it is new
Post
Topic
Board Economics
Re: I almost lost my rock solid regular job because of crypto
by
boynamnhi
on 19/09/2018, 09:59:45 UTC
Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).

Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!

You are like me. I have a good job at the bank until I know bitcoin, I think the opportunity comes from bitcoin only a short while while job opportunities are very much in my country. I joined the market in January and so far I still feel my decision is right
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Topic
Board Economics
Re: Crisis is Coming
by
boynamnhi
on 18/09/2018, 13:58:17 UTC
So, the market either goes up, or down, or is stable.
It's only three possibilities.
When it goes up, everyone shouts that it's a bubble, when it goes down that it's a crisis.
Insoma, it is simply the market, in fact.

That is the 100% truth. Also adding in that none of the above are fully good or bad. A decline can signal a good time to buy. A raise can mean over-valued and a potential for loss. Stability is dull but nothing bad is happening for the most part even though no new opportunities are appearing, either.
I agree with you. There are two possibilities at the same time, falling prices mean good opportunities to buy. Crisis will not happen to those who are brave, the crisis will bring opportunities for those who have the opportunity
Post
Topic
Board Altcoin Discussion
Re: How to known a Scam ICO
by
boynamnhi
on 17/09/2018, 13:05:17 UTC
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
There are many ICOs at the present time and many of them are scam projects. In my opinion, a scam ICO project means no one buys their pennies. A project without patrons, no trust from the wedsite check ICO
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Topic
Board Economics
Re: What will happen to bitcoin?
by
boynamnhi
on 16/09/2018, 06:22:11 UTC
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
One flaw in bitcoin is that too few people know bitcoin to make market capitalization so small that it is enough for some billionaires to capture bitcoin and make it volatile. I believe that in the next 5 to 10 years, no shark will be able to control the bitcoin and its value will increase and stabilize.
Post
Topic
Board Economics
Re: Will the bitcoin be outdated by another currency?
by
boynamnhi
on 16/09/2018, 06:00:43 UTC
My answer to the principle is: NO

Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.

Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.

BUY BITCOIN TODAY AND ALWAYS.
Absolutely correct, bitcoin will never be outdated by other coin makers, many claim that ETH is the penny of the year, but you can see in the past month 8,9 value has dropped many times, maybe bitcoin is the best choice
Post
Topic
Board Trading Discussion
Re: Right time to buy a lot of bitcoin.
by
boynamnhi
on 07/08/2018, 16:57:13 UTC
It can be said that this is the time BTC is relatively low value compared to the previous month. If you want to invest then this will be a good opportunity to do this.
I think the current recovery of bitcoin is just a short-term correction and bitcoin prices will likely continue to fall sharply at any time. Therefore, I believe that you should not buy or invest in bitcoin at this time because the bitcoin price can continue to drop sharply at any time. I believe that at this time you should only invest in short-term and bitcoin trading, bitcoin prices may fall to $ 6500 in the coming days.
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Topic
Board Trading Discussion
Re: Bitcoin Prediction : Dream or real ?
by
boynamnhi
on 07/08/2018, 16:49:17 UTC
I dont know did you watch or not, Cliff High published a video on Youtube where he said that Bitcoin will reach 64k price till mid April 2018. I am not sure if it is possible or not but in my opinion price makers wont let the Chinese investors to buy bitcoin such a cheap price like 7k-8k USD. I am really curious what people on here think about that ?
I believe that the bitcoin price will continue to fall further in 2018 and not recover, you can see that the market is bearish in the long term and market capitalization is just under $ 250 billion. Therefore, I believe that at this point you should only invest short-term bitcoin and day trading. Bitcoin price as per my technical analysis, the price may fall to the $ 4000 mark at the end of 2018.
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Topic
Board Trading Discussion
Re: Right now should I wait to buy ?
by
boynamnhi
on 07/08/2018, 16:39:38 UTC
Reading this source, I understand that prices are likely to go below 8k. Do you agree with those analysis?


 https://www.coindesk.com/bear-revival-bitcoin-risks-fall-below-8k-after-3-5-week-low/amp/

Will,this kinds of analysis maybe happen or not because we dont know the real happen of the future especialy in cryptocurrency because  crypto is volatile,maybe its risen or dumps,so therefore these approximately of $8k and goes lower after 3 to 5 week,i thinks its would not happen because as far as i heard from some bitcoin expert  the bullish is will implemeted next month,when the september is coming and i truly believe those statement in bitcoin guru.
I do not think bitcoin will be back to $ 800, you can see that after touching $ 8500 level, bitcoin prices are dropping sharply and now are adjusting at $ 7000 and still continuous decline. Bitcoin has returned to its bear market so I believe you should not buy bitcoin at this time, patiently wait for bitcoin to fall to $ 6800 to buy.
Post
Topic
Board Trading Discussion
Re: Learning day trading
by
boynamnhi
on 07/08/2018, 16:21:03 UTC
Recently I asked about day trading tips on this forum and got really nice response. Some one introduced me to Voodoo day trading community where I found perfect atmosphere to learn day trading and technical analysis: https://discord.gg/yBmNzRm  I have spent last whole week in the free channel in the group and learnt some interesting tricks and earned a decent amount of money.

Although free channel has helped me immensely so far but it feels like to reach the next level, I have to join paid channel. I wanted to ask that is it worth to pay for learning day trading or I could found free stuff instead? This forum has been a great help to me in past. I hope I will get some valuable feedback this time too.  
The market in recent days has been volatile and difficult to predict, you can see that bitcoin prices are constantly fluctuating, so I believe that at this point you can trade short-term bitcoin and trades day to be able to make a profit safely.

You need to analyze accurately, have a specific trade plan and combine with market information to make the most accurate decisions.
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Topic
Board Trading Discussion
Re: Bitcoin now below 8000 time to buy now
by
boynamnhi
on 07/08/2018, 16:15:50 UTC
Bitcoin is very low today even 7700 buck...do you think is good time to buy now or will more lower and crash to 3000 buck...very difficult to predict...what do you think... Who t f is selling on this price.....?....
You can see that bitcoin has fallen to $ 7000 and is still adjusting, I believe bitcoin will probably drop to $ 6800 and if the breakout is down, the bitcoin price will drop to the mark. $ 6000. Therefore, I think you should not continue to buy bitcoin at this time, please wait patiently and divide the capital to be able to buy bitcoin at the best price.
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Topic
Board Trading Discussion
Re: Trading Bitcoin is pretty easy
by
boynamnhi
on 06/08/2018, 22:29:06 UTC
Hello,

I am a new investor in Bitcoin and I can tell that trading Bitcoin is so much easier that trading Forex. I double my wallet in 3 months with swing trading! I bought Bitcoins between 6000 / 7400 and sold them at 11.500. Last days I bought Bitcoins between 7300 and 8100 and I still have them.
The important thing is to believe that bitcoin will continue to go up, like me, so you can find the good entry points.

I post Bitcoin analyzes on my twitter channel so take a look, I already have some good results from my start. I post also my results of my profitable EA forex robot.

https://twitter.com/christopheduh1

Good luck!

Chris
I believe that at this time bitcoin trading is no longer easy and you should not trade bitcoin at this time. You can see that bitcoin prices are dropping sharply over time and continue to decline as the market is in downtrend. Bitcoin is adjusting at $ 7500 and if the market cap is not rising, it is likely that bitcoin prices will continue to fall sharply in the coming days.
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Topic
Board Trading Discussion
Re: Good analytical agencies
by
boynamnhi
on 06/08/2018, 22:20:57 UTC
Do you know any good analitical agencies or individual analytics of btc or altcoins, how made daily or weekly analytics or consensus forecasts?
You can see that closing last week with two candles is very bad, which suggests that the market will be able to continue to fall sharply next week, bitcoin and altcoin prices are constantly falling, although altcoin prices There are signs of a strong rebound but market capitalization does not increase, market does not have liquidity. So, I think you should only invest in short-term and day trading to minimize risk.
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Topic
Board Trading Discussion
Re: Right now should I wait to buy ?
by
boynamnhi
on 06/08/2018, 22:13:16 UTC
Don't wait any longer because this is probably the best time to buy bitcoin or altcoins. Their prices are very low right now. So don't waste your time and grab what cryptos you want


Yeah l, If you're just have faith In bitcoin and believe to Its capability then there's no reason to not buy It anytime you want. And of course Its good for long time Investment,  you can't ger a higher profits If just make It In a short term,  just patience.
I believe that at this time we should only invest in short bitcoin, so this is the time when you should sell bitcoin on should not hold, you can see that the market is fluctuating continuously and bitcoin prices are Very strong fall days. Currently, bitcoin prices are at $ 7,500 and will probably continue to fall in the coming days.
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Topic
Board Trading Discussion
Re: How a trader should deal with the stress?
by
boynamnhi
on 02/08/2018, 04:21:26 UTC
RelaxMood
The relaxation place for intraday traders


Hello everyone!

All too often stress forces traders into some inexplicable and rash actions. Stress may seize a person completely and prevent him or her from using common sense, it may steal every opportunity of making adequate decisions, exercising good judgement and responding to the situation appropriately.

Many traders are familiar with such a situation when the position is closed without any reason. This might be a result of an impulsive action and its consequence lies in an unconscious decision. If that be the case, it is crucial to learn to stay aware of things done or acts in progress. Being able to control suppressed stress is the key to a success of ‘sober’ decision-making.

Because of such a problem existing, we have decided to launch a website for relaxation.
This is only a beta-version so far and I would like to hear all your requests on the site and comments on whether these 5-minute breaks are helpful to you.

Use in good health!

Website: http://relaxmood.pro/
I believe that when you are tired or stressed you should not continue trading, you will be very easy to make the wrong decision and will lead to great losses and losses if the transaction fails. So you should rest and wait for the market to stabilize than start trading again, but now you fold your computer and rest with your family.
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Topic
Board Trading Discussion
Re: Bitcoin now below 8000 time to buy now
by
boynamnhi
on 01/08/2018, 23:04:11 UTC
Bitcoin is very low today even 7700 buck...do you think is good time to buy now or will more lower and crash to 3000 buck...very difficult to predict...what do you think... Who t f is selling on this price.....?....
I think you should not buy bitcoin at this point, you can see that bitcoin prices are constantly fluctuating and is adjusting at the $ 7500 level, according to my technical analysis, the bitcoin price will be able to continue. down to $ 7100 then rise again. So I believe that this time you should be patient waiting for bitcoin price to buy it.