Search content
Sort by

Showing 20 of 348 results by gerald246kru
Post
Topic
Board Economics
Re: Cryptocurrency or Stock Market?
by
gerald246kru
on 17/08/2018, 08:00:03 UTC
Cryptocurrency is the best one to invest with our money because it is one I tried and tested but if I ever try stock market, maybe if I have a free time for making some Investments for it. And I think many people would rather choose their own decision.
Crytocurrency or securities are good. Choosing 60% for the stock and 40% for the electronic money market is up to me.
Yes, the choice is yours and no one plays in this market
Post
Topic
Board Economics
Re: How will crypto go long term?
by
gerald246kru
on 17/08/2018, 07:54:49 UTC
[quote author=GoneRogue2018 link=topic=3355659.msg35136746#msg35136746 date=1524196125

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
I think big whales will continue to allow all small investors and traders of cryptocurrencies because they would like to share their knowledge on how get wealthy through investing and trading with cryptocurrency.
[/quote]
Whale is only a small part of market, my friend!

The most important thing is market capitalization, always look at market capitalization. Increasing or decreasing prices do not depend on whales but depend on capitalization. Price increase is due to large capitalization and many are buying bitcoin
Post
Topic
Board Economics
Re: Which one do you prefer?Increase your Bitcoin or ِDollar?
by
gerald246kru
on 16/08/2018, 15:06:19 UTC
I would choose bitcoin. Because bitcoin is the most valuable electronic currency. Bitcoin prices can reach $ 50,000. You can get rich quickly when bitcoin increases and I enjoy it.
Yes, incremental bitcoin is the best option if he has determined to stay with the money-market. The increase in usdt is only needed when he is out of this market, hold on tight and increase the amount of bitcoin until it reaches $50k
Post
Topic
Board Economics
Re: Why lot of countries do not allow to use Crpto?
by
gerald246kru
on 16/08/2018, 14:20:35 UTC
Lot of countries do not allow to use cryptos because they were afraid on the negative effects on it like cryptos maybe use in funding syndicate, these cryptos will become bank competitors and the government have not yet study where they will get taxes out of cryptos.
In my opinion, instead of being taxed from a bank, they can tax crytles. Earn income from crytal taxation and bring the economy to a new height. This is completely reasonable and can be drunk in the future
Post
Topic
Board Trading Discussion
Re: Do you trade for money or emotional satisfaction?
by
gerald246kru
on 15/08/2018, 14:07:14 UTC
When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income. At this young age, I need a lot of money to support my family. So, If I can some, It would be good for my family.
I can say that it is both because in my personal belief you cannot trade successfully if you will have an attitude to earn money, it is not a job. Trading is more than a heart process, then irregular routine just acting.
To keep your emotions aside from the crypto business is better decisions because we are sometimes catching by negative perceptions come in market which make you panic as well so keep yourself away from these things. Let the crypto trading be on its place and your emotions on its own place which will give you better results, buying rate is responsible for price increase which can happen anytime.
Exactly, keeping the emotions in the transaction is very important. Maybe many people mistaken the emotions in the transaction is not important but they are wrong. Each person's emotions are different and it is proportional to the chance of winning each person, keeping your emotions and you will win more profits.
Post
Topic
Board Economics
Re: Diversify Investments
by
gerald246kru
on 14/08/2018, 16:30:50 UTC
diversification does help to cover the losses in investment, but it would be nice if you also choose another investment, do not invest in bitcoin alone but you can also choose altcoin, you can also choose gold investment, stock etc.
Diversification of investment as I think it contributes capital to many business categories. I think investment diversification is only suitable for people with large capital, diversification must be associated with the division of investment. So it does not really suit those with little capital
Post
Topic
Board Economics
Re: Gold & Silver are safe than bank deposits ??
by
gerald246kru
on 14/08/2018, 11:10:19 UTC
I've heard that silver and gold are losing their value because of the rise of the cryptocurrencies so probably in a few years from now it would not me anymore and good decision to invest in them.
The devaluation of gold and silver does not depend on the electronic money market. In my opinion, gold and silver depreciated due to the rise in usdt prices, oil prices rise or fall. The money market is too small to manipulate the gold and silver markets
Post
Topic
Board Trading Discussion
Re: Trading or mining?
by
gerald246kru
on 13/08/2018, 13:17:21 UTC
As i know, at the moment if you invest to mining ROI is reduced too much compare with Q4 2017, Q1 2018 due to BTC, ETH price equal 30% that time, so cost for equipment, electric fee will make more time to get benefit from mining.
Yes, the cost of electricity, the office is too large compared to the current ROI. Instead of mining he can trade and win profits every day, the market is low, buying and selling at higher prices
Post
Topic
Board Trading Discussion
Re: I want to start trading
by
gerald246kru
on 13/08/2018, 09:06:44 UTC
Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
I usually trade altcoin / usdt on binance, but nowadays I'm moving to use kucoin. Altcoin trading at the moment is risky, take a look at dominance BTC you can see it is increasing, proving altcoin price will decrease in the coming time
Post
Topic
Board Trading Discussion
Re: What to do if you lose $2,000 in trading?
by
gerald246kru
on 13/08/2018, 08:34:17 UTC
This means that it is time for you to slow down and start keeping your investment income of the coins which have a less volatility rate and more stable rate but most of all this means that you need to analyze more before you start investing
Yes, it means he is going the wrong way, he is making a wrong investment strategy. He should introduce new investment directions, not be optimistic about the market, wait to always lose more assets when the market goes down, sell your pennies and wait to buy at better prices
Post
Topic
Board Economics
Re: What happnes to BTC,if the oil price goes up?
by
gerald246kru
on 10/08/2018, 03:50:10 UTC
The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?
Well there are a lot of documents that say the fluctuation of gold and oil is related to bitcoin. Actually, there are many factors that affect bitcoin because the value of the bitcoin is entirely influenced by the voin. The value of bitcoin is unpredictable and unstable
Post
Topic
Board Trading Discussion
Re: Day trade Vs HODL
by
gerald246kru
on 09/08/2018, 15:09:19 UTC
Day trading will be more profitable. But you need more time and knowledge when investing. Buying and keeping will take a long time to get profitable but it does not require much knowledge of the market and time to sit trading.
Not sure the daily deal has brought more profit, my friend!!!

If the hold is long and you do not panic sell it out I believe it will bring more profit than daily trading.

For example: In the recent uptrend instead of HOLD to earn 50% profit from bitcoin I traded short and earn 20% profit
Post
Topic
Board Trading Discussion
Re: How to get rid of emotions when trading
by
gerald246kru
on 09/08/2018, 14:28:55 UTC
Reduce the time spent watching the price of coins you keep, if you regularly watch them, you will worry and stress. So you will not be patient.
That is also a good way to control emotions. Do not open the trading floor every 5 minutes. If he trades on a daily candle, then check that price once a day and do not forget to put stoploss
Post
Topic
Board Economics
Re: Study says being rich is determined by chance rather than intelligence or talent
by
gerald246kru
on 08/08/2018, 05:45:59 UTC
Yes, but this study says that smart people do not, as a rule, become rich. That everything depends on luck and luck. That is, this study refutes the assertion of the previous topic that stupidity is close to poverty. On the issue of wealth, we, probably, are following the fate that has been given to us. It is difficult to know the ways that are intended for us.

Yes, but not in all time this is correct, there are also times that our intelligence makes us rich too. It will all depend how lucky we are and what strategies we will be using.
Yes, luck is probably the most important factor to become rich. If you're lucky, you will not need to be smart to make money or look for opportunities. Luckily, money and opportunities come naturally to you
Post
Topic
Board Economics
Re: Why lot of countries do not allow to use Crpto?
by
gerald246kru
on 08/08/2018, 04:33:36 UTC
Because the government of the country thinks that crypto will lead to money laundering and also as an illegal transaction. In my personal opinion, what governments need to do is to limit each user. And just give the honest users. Maybe that's just my opinion
Exactly, the government needs to release its own pennies. In addition to these measures of managing the coins, the transaction fee will be almost zero, with absolute security. Believe that crytocurrency will be the best solution to trading
Post
Topic
Board Economics
Re: Which Asian countries have the greatest influence on bitcoin?
by
gerald246kru
on 08/08/2018, 03:20:35 UTC
I think it's Japan because it is also believed that it's the country where Satoshi Nakamoto lives or originated. Even if Japan is already a 1st class country with the love of technology, still they utilize bitcoin and even testified that their economic status is getting even better since they embraced the said technology.
Completely wrong, my friend!!!

Japan is a leader in blockchain technology, but not the most developed country in the crytocurrency market.

New China is the country that holds the most bitcoin right now, new Chinese projects are always more popular than Japanese projects.
Post
Topic
Board Trading Discussion
Re: What to do if you lose $2,000 in trading?
by
gerald246kru
on 06/08/2018, 16:12:05 UTC
haha this is the one of risk for who to do trading, we cant handle how much the price for bitcoin so i think we have to accept the risk like this i think
Yes, the best solution is to wait, always trust in this market will have a strong recovery time, the most important is not to sell your penny because when you sell is the time you take the loss
Post
Topic
Board Economics
Re: Cryptocurrency or Stock Market?
by
gerald246kru
on 05/08/2018, 16:06:28 UTC
As we all know, stock market had been there for a very long time now and on the other hand, cryptocurrency is a fast rising trend when it comes to the world of trade and commerce. Some may prefer to invest in crypto because of high returns but some will still go with stock market and play it safe.
In your opinion, what will be the best option to invest your money on?
Perhaps most people know the stock market but now have few people know about the crytocurrency market. That said, the electronic money market still has a lot of potential in the future. Hope the electronic money market will grow same the stock market
Post
Topic
Board Economics
Re: Why spend time in bitcoins?
by
gerald246kru
on 05/08/2018, 15:24:52 UTC
in my opinion if we spend time to get bitcoin and the results are quite a lot, there is nothing wrong, because if you produce bitcoin for free it is very profitable even though it wastes time. but don't all of your time be used to keep looking for bitcoin, because life isn't just about money or bitcoin.
If I can make a lot of money from bitcoin, I would like to spend all my time to earn bitcoin. But this market is a lot of risk, to spend all time to study this market is not necessary
Post
Topic
Board Trading Discussion
Re: Trader or Gamblers.
by
gerald246kru
on 03/08/2018, 15:03:12 UTC
Do not compare the trader and gamblers i know and we all knows the difference between of them, same has have risk, but trading is a serous job to earn profits in the clean way, not unlike for the gambling is not the source of earning for is only the game of fears.
Exactly. The transaction is not the same as the black and red games with unbeatable odds. The transaction is fully predictable price, if you have experience, knowledge of the transaction. If you think the deal is like gambling, I think you're wrong