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Showing 13 of 13 results by evemms
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Topic
Board Speculation (Altcoins)
Re: Could eth de-crown BTC in 2018?
by
evemms
on 30/01/2018, 18:06:20 UTC
Most are concentrated on BTC and ETH, meanwhile a dark horse is coming fast from behind unnoticed. Wink

I don't know which, so your guess is as good as mine (maybe).  Grin

This is possible but I think not in 2018. In 2018 it will be bitcoin or ethereum and I think by the end of the year it will be ethereum. It is going from strength to strength while bitcoin is struggling to hold ground.
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Topic
Board Speculation (Altcoins)
Re: Major reason for NEO rising.
by
evemms
on 16/01/2018, 19:01:48 UTC
I have seen neo making a high significant progress this year and for the past three days it has done well and my question is that what is the reason behind neo rising? I think neo is a China coins and Chinese is currently against ico projects which I believe should affecting neo price!  I checked on coinmarketcap and I find out that NEO is now $182 in pricing and the only major coin that is in green. 

Because it's China's lovechild and even if they screw over the rest of the cryptomarket at some point with stricter regulation you can be sure that they will do everything they can to aid NEO.
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Topic
Board Speculation
Re: DON'T PANIC. HOLD YOUR BITCOIN.
by
evemms
on 16/01/2018, 18:53:46 UTC
DON'T PANIC. HOLD YOUR BITCOIN.

I think temporary drop, don't panic, be patient.
Bitcoin price will increase soon.
It's time to buy bitcoin.

Panic is one of the worst things you can do in trading. You are then making decisions with your heart and with your head and your heart always wants to hold on to what it's still got instead of thinking about if it can achieve more if it waits.
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Topic
Board Speculation
Re: Predict the price January 1, 2019
by
evemms
on 02/01/2018, 15:06:51 UTC
I have never been close on these predictions so I will just throw out a number (that will be wrong):

$25,000

I suspect a price around $50000, I think we may go higher in 2018 but 50k is about the average of where I think we can go to. It's really not much more than plucking a number out of the sky though! For sake of being more accurate let's say $50847.
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Topic
Board Bitcoin Discussion
Re: ♨♨♨ Bitcoin's Price Is Too High ♨♨♨
by
evemms
on 19/12/2017, 03:23:25 UTC
We've mined 17m of the 21m bitcoin already.

In that time bitcoin has gone up 6 million times its original value! That makes no sense at all. Even 1000x - 10000x increase would be rather absurd


Bitcoins price is WAYYYYY TOOO HIGH!!! Only 1% of the world has adopted the coin so far. It makes no sense that the first 1% to adopt (aka miners and HODLers) should get up to a 6 million times return on their money. While someone adopting today would get a one times return. That's simply not feasible. The remaining 99% of the population will not agree to deflate their own purchasing power by 6 million - they will just continue to use Fiat.

That's the biggest problem that will prevent bitcoin from scaling.

https://www.youtube.com/watch?v=F7luAHdv61k

Heres a great video from Crypto Daily discussing the problems of bitcoins price

How is it any different to many other things? Diamonds could easily be mined in many countries previously, same as oil or gold, the early adopters made a fortune because they realised the value such things could have. The same can be said for early adopters of the internet.
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Topic
Board Bitcoin Discussion
Re: when you try to explain people about cryptocurrency do they understand?
by
evemms
on 05/12/2017, 03:26:49 UTC
Some people' yes, and some are not. Ill explain only for those willing and believing its possible to earn in bitcoin, and for those who aren't Its just wasting your time.cause many people stands on saying "to see is to believe"

I find the same problem, many people are closed minded to the idea and will not believe it unless they experience it for themselves. Many of them do not understand how something that is not tangible can have any worth. Then I ask them what about paying for credit card transactions abroad or such and they say 'oh no that's different because the bank are moving my dollars'
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Board Altcoin Discussion
Re: alt. coins
by
evemms
on 05/12/2017, 03:20:30 UTC
You can buy bitcoins in bits(0.00002BTC, etc). You don't actually have to buy one whole bitcoin.

What altcoin should you invest in? Go to https://coinmarketcap.com/ and do research on those coins, then YOU decide which ones are worth investing in.

This guy sums it all up.
It's worth doing your own research and finding a coin that's solid. If you're after a longer-term investment, look at the solid projects that have history, a roadmap, and lots of support. Hedging your bets on ICOs can be dodgy, trust me I know. I invested in Electroneum...didn't turn out too well; bye investment.

Good luck out there.

-Knightly

The only thing you maybe forget to mention is to check out the altcoins section the forum, there is a discussion section and a speculation section which can be very useful, many questions have been asked and answered about which coins to invest in and how to pick the right ones etc.
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Topic
Board Off-topic
Re: Which smartphone do you use and why?
by
evemms
on 15/11/2017, 22:46:18 UTC
Which smartphone do you use and why?

Which OS, custom ROMs do you use?

Is it unlocked?

I have a Samsung galaxy s7, I find that it's much better value than an iPhone and they are just ahead of the curve in terms of development. The OS is android and I don't have anything custom. It is unlocked in terms of network yes as I need to use it in different countries.
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Board Trading Discussion
Re: How much capital to you day trade with?
by
evemms
on 14/11/2017, 04:37:24 UTC
What sum of money do YOU day trade with? and how much profit do you expect to earn?

It would be interesting to know how much gains (if any), different traders make on a daily or weekly basis and what sort of capital they invest to try and profit.

Looking at many of of the exchanges, you see many alt coins going up by two digit gains so I would assume capital investment of between £1/5k on some of the ascending coins would bring back a decent return?

Personally I don't trade but I have a friend who started with $500, he aims to make %20 per week on average so as to double his money about each month. I think he got it up to about $4000 but now he has had to draw some money down each week so is pretty static. I guess each day that would mean he's making about 2-3% or 80-120 usd.
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Topic
Board Trading Discussion
Re: What Will You Do If You Are Trap On A SHIT Coin ? Or Low Volume Coin
by
evemms
on 25/10/2017, 15:01:10 UTC
It really depends on your expectation for the coin, if you think it will come good in the long term then of course hold it, if you think it will never improve then get rid of it and try again.
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Topic
Board Trading Discussion
Re: when do you buy ?
by
evemms
on 12/10/2017, 15:17:58 UTC
You should always buy low. Personally I look for coins that are at a new low for a certain time period (usually a week or a month) and then as long as there's no alarming reason for this other than volatility then I scoop them up.
Post
Topic
Board Trading Discussion
Re: Dividing your salary.
by
evemms
on 09/10/2017, 19:57:24 UTC
For me I try first take all the money I need to cover my expenses which is about 80% of income, then the remaining 20% I divide between different savings/investments. You should always hedge your bets so you don't lose everything if something bad happens.
Post
Topic
Board Trading Discussion
Re: Day trade or Hodling
by
evemms
on 09/10/2017, 19:46:16 UTC
I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?


With proper understanding of the way markets work as well as hard work and self control then day trading will certainly be more profitable. However, most people do not have those skills and so for the average person, simply buying and holding is far more profitable.