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Showing 10 of 10 results by ephisi
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Board Bounties (Altcoins)
Re: [BOUNTY] 💥 B L U Z E L L E 💥 REDDIT CAMPAIGN 🚀 🚀 🚀
by
ephisi
on 18/09/2018, 02:29:52 UTC
Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY] 💥 B L U Z E L L E 💥 REDDIT CAMPAIGN 🚀 🚀 🚀
by
ephisi
on 17/09/2018, 18:00:47 UTC
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Topic
Board Trading Discussion
Re: The reason people do not want to invest in crypto
by
ephisi
on 01/05/2018, 14:07:06 UTC
1. Blockchain has a long way to go to be a practical solution
Businesses will not miss the opportunity until the technology demonstrates its scalability. However, this can not be proven in the real world until the companies make the leap and produce a concrete result, not an experiment. Moreover, not all industries will benefit from blockchain, while other industries may face a costly and time-consuming conversion process so they choose blockchain over a network. now available.
2. Too easy to join
The real concern with a low barrier to participation is that there is no way to ensure that this technology will not become obsolete for several months. This is another reason why businesses have not implemented blockchain technology. Why invest in a blockchain while only a few months later will have a better blockchain next generation? Replacing and upgrading can be costly and time consuming.
3. Very few tangible means value of crypto.
One of the biggest misconceptions with digital currency is its mass acceptance of tokens, meaning that they are successful. Unfortunately, using a virtual currency does not necessarily generate revenue or profit for developers behind the token. Furthermore, blockchain technology tends to hold long-term potential values, not the token itself. Therefore, buying into a token that does not actually acquire ownership in the base blockchain does not make sense to the investor.
4. Tax situation is a nightmare
Investing in the crypto algorithm means that you need to track the increase and decrease in capital for each transaction. Even using your token to purchase goods and services will also serve as a taxable service, in line with the Tax Administration's tax guidelines.

i agree with you on the four reasons. But there are soo many more reasons people do not want to invest in crypto. Here are some of mine.

1. alot of people have an idea what crypto is but they dont understand it enough to invest in it.
2. many people think crypto is a scam, others think is a bubble.
3. Many have invested in crypto out of fomo and have been burnt badly. They refuse to invest again
4. Crypto trading and investing profitably is difficult

Post
Topic
Board Trading Discussion
Re: Crypto world vs Fulltime job? to establish better life.
by
ephisi
on 01/05/2018, 13:32:00 UTC
Hello everyone.

I am new here in crypto world but I have no experience about what is the way to earn money using cryptocurrency. I was already studied few things about cryptocurrency but for me it is not enough.

I believe that all of us are have a chance to make a better life in crypto world however I don't know to start  or where I do start? Many of members here said that investing and trading are the best way to earn more profits.


Do think that trading and investing with cryptocurrency are much better to my upcoming fulltime job? Because at this time I'm just waiting for the call of my fulltime job. What are the best advice that you may give to me. should I reject the fulltime job that I've been waiting for or to go enter the world of investing and trading?


Can you share you experiences and ideas for me. 


It is the great opportunity for me to read your answers.


Thank you in advance.

Get a day Job or alternate source of income. do your day job and Trade or invest in crypto on the side until you making huge consistent profits then you can consider doing crypto full time, but before then my advise is dont do crypo fulltime now that you are just starting. There are no guarantees of making money
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Topic
Board Trading Discussion
Re: Trader or Gamblers.
by
ephisi
on 01/05/2018, 13:15:37 UTC
I prefer trading and the buy only on spot market, not futures or trading with laverage. Cryptocurrencies it self is very high risk market. Why we need laverage and futures. Futures will only make you lose. And laveraging is just like gambling. I am investing in crypto not gambling. No one on earth will win in gambling for long term. If you ever win its only your lucky day.
you are right. Trading with leverage is one of the dream killers in trading. Except you apply proper risk and money management with leverage its most certain that such gamblers always loose their capital.
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Topic
Board Trading Discussion
Re: 4 factors that could destroy your Trading
by
ephisi
on 01/05/2018, 13:08:59 UTC
See market prices of crypto currency increasingly fluctuate I think there are a lot of traders who suffered losses, and In taking a decision, many traders are still affected by emotions. Fourth factor that's the meaning, of is a type of emotions:

- Greed
Almost all traders familiar with the types of emotions, the desire to obtain profit possible in a very short time. Greedy nature incurred due to excessive self-confidence. Usually happens after the trader earn profit in a row. They are not aware or forgot that important fact in trading is not can expect definite results of each trade.

- Fear
A sense of fear entered the market usually occur after consecutive losses experienced trader.  Fear is basically a natural response so that we can survive in the market. However, excessive fear will make traders lost the opportunity to gain profit. During trader comply with rules risk management and trading plan has been made, he should not be afraid to enter the market.

- Hope
Excessive hopes or unrealistic in trading could harm. Hope to always profit often cause traders to not follow trading plan that has been agreed upon.

- Regret
Regrets that constantly will destroy trading gradually. Regret usually arise after a trader lost some chances to buy or sell, or after experiencing considerable losses.  If it is not quickly resolved, the kind of emotion this would be developed into fear, and in extreme cases could make him leave the world of trading.

To prevent these types of emotions , we should always be aware of whether we're  in emotions when trading, because trading with the emotions will only make our trading destroy.



You hit the nail right on the head. One of the things needed to mature beyond emotions is to have a time tested strategy that works. I believe this is where most people get it wrong. They trade haphazardly with no defined trading rules. The other key factor is proper Risk management. Most crypto investors are gambling, trading or investing without proper risk and money management

Post
Topic
Board Trading Discussion
Re: where do you get your predictions?
by
ephisi
on 28/04/2018, 18:03:13 UTC
hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?

I learnt the hard way. learn how to do your own research. Its either you study fundamental analysis or technical analysis or both. The you can confidentlymake your own predictions
Post
Topic
Board Trading Discussion
Re: What are the best exchanges to trade.
by
ephisi
on 27/04/2018, 17:12:08 UTC
I am new to crypto and I want to learn how to trade but I do not know where to start. Please give me some advice on what are the best exchanges where I could learn how to trade. Your advices will be highly appreciated.  Smiley

Before you buy anycoin you better consider if you are in a bear market or a bull market. The question you may also be asking is which coin should you short. or when is the best time to invest. Look at the market from different perspectives
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Topic
Board Trading Discussion
Re: How to start trading?
by
ephisi
on 27/04/2018, 16:38:52 UTC
Hi guys, i'm new to the field, i want to start trading but i'm not sure where to start. What crypto can I start with for a small fund (<$100)? What crypto wallet can I use? Is there any legal or security issue that i have to beware of? Thanks a lot.
at this stage i would advise you not to trade at all for some months. Use this time to read watch listen research and study about what youare venturing into. Thank me later
Post
Topic
Board Trading Discussion
Re: Can Bitcoin Reduce to $ 4000?
by
ephisi
on 27/04/2018, 16:31:25 UTC
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

Nothing is impossible in the financial markets. Bitcoin can hit $4000 sometime in the future. kep an open mind