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Showing 20 of 30 results by gnaylor
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Topic
Board Altcoin Discussion
Re: Waves Vs. Ethereum
by
gnaylor
on 02/08/2018, 06:11:29 UTC
The altcoins here have a constant pattern of going down, the thing is that the crypto market is dependent upon the bitcoin so when the bitcoin goes down the whole market is affected by that so when the market is down loose the coins
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Board Altcoin Discussion
Re: ICO VS TRADING
by
gnaylor
on 02/08/2018, 06:09:30 UTC
Trading is the next thing to do after an ICO is this really done with the ICO because like trading and ICO the profit gains are very short termed and a constant scaling price is required for it to be sustainable
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Topic
Board Speculation (Altcoins)
Re: Will Ripple Price Reach $ 5 Late This Year?
by
gnaylor
on 02/08/2018, 06:08:16 UTC
The ripple coin was invented because of the fact that bitcoin was in correction to the cogerment places so the world bank's produced a coin that would be decentralized and in accordance , since that is no longer the case 5 dollars is an unrealistic valuation
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Board Trading Discussion
Re: A successful trader must be an educated trader?
by
gnaylor
on 28/07/2018, 21:28:21 UTC
The successful trader must we well educated on not only the technology of the coin involved but also on the trends of the market if you bare daily trader then you should be aware of all of the changes on the market and what will be the most profitable one only won a short-term basis
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Topic
Board Trading Discussion
Re: HODL vs Day trading
by
gnaylor
on 28/07/2018, 21:15:38 UTC
The difference between long-term trading and day trading is the fact that when you come up with this, day trading takes a lot of your time and entity whereas in the holding or long-term investments as it is called a one-time financial analysis is involved
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Topic
Board Trading Discussion
Re: Never Be greedy!
by
gnaylor
on 28/07/2018, 21:11:02 UTC
Yes this is a true statement no when you look at bitcoin or any other coin it is a fact that when you notice a change in the market and that trend continues to go I you choose to stay a little bit more longer with that coin with the expectation that the value will increase and then you lose it all
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Topic
Board Trading Discussion
Re: Is this right time to re-enter into Bitcoin?
by
gnaylor
on 28/07/2018, 21:09:24 UTC
Bitcoin is hovering around the same rice for the past couple of days I'd say that let the price is easy at first, when you see a constant but a very small increase I the price of bitcoin, that is the stage when you start to enter the bitcoin market again watering before will be a great risk
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Topic
Board Speculation (Altcoins)
Re: Best Time to Sell Altcoins
by
gnaylor
on 28/07/2018, 20:58:33 UTC
The cryptocurrency market works in such a way that since bitcoin is spread on such a large scale and downturn or correction phase is first seen in the bitcoin price so as soon as you see the bitcoin price starting to fall this is a good sign for the time to sell your altcoins
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Topic
Board Economics
Re: is there any economic effect for the country or bitcoin users
by
gnaylor
on 28/07/2018, 20:50:27 UTC
The economic effect is divided into two phases, one is that in which the volatility increases, which means the economic system for the country will no longer be stable on a daily basis and the prices of the unit of currency will be unified through but variable on a daily basis
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Topic
Board Economics
Re: Fiat, Banks and the future of Cryptocurrencies
by
gnaylor
on 28/07/2018, 20:37:16 UTC
You may have heard that many European banks with most of its concentration lying in Germany have accepted cryptocurrency as their regulator or latest have accepted investments in cryptocurrencies, the only thing that banks need is stability which bitcoin is approaching
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Topic
Board Economics
Re: What is the most influential factor that triggers bitcoin prices to fall down?
by
gnaylor
on 28/07/2018, 20:30:44 UTC
Now that bitcoin is at a great adoption rate with the minimum you of coins present in the market this indicates that international politics plays a great role in the price deciding of bitcoin, I can give you an example of Germany, recently Germany bans on bitcoin lifted caused an increase in bitcoin price
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Topic
Board Economics
Re: Bitcoin bull run begins now?
by
gnaylor
on 28/07/2018, 20:26:21 UTC
The bitcoin bull run still has to time to be beginning the financial analysts say that since the bitcoin price is revolving around the same price for the past few days sit will have one another small correction phase and that is why the bull run is expected to take place in 2 weeks or more
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Topic
Board Economics
Re: Diversify Investments
by
gnaylor
on 28/07/2018, 20:20:26 UTC
The diversified investment is an investment that when you are not sure about the market or the analysis is doubtful, in such  a case it is a great tactic and many people in the cryptocurrency world do not only invest in one-coin but a multitude of coins since volatility is a not a security here

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Topic
Board Speculation
Re: Bitcoin recovering ?
by
gnaylor
on 28/07/2018, 15:53:28 UTC
Since the last few days, bitcoin is revolving along the price of 8000 USD and  going further than a change of USD that means that bitcoin has reached its good point in the market and is beginning to recover more soon and this more recovery will begin in the next few days
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Topic
Board Economics
Re: What happens if bitcoin price falls below the cost of mining it?
by
gnaylor
on 28/07/2018, 15:47:02 UTC
If you understand simple economics of supply and demand you are very close to understanding bitcoin, now in any business if the production of a good or service is greater than the value generated by the gold or service, it is no longer a sustainable business, in this case, the bitcoin market will crash
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Board Bitcoin Discussion
Re: Who anticipated the Crypto fallout of January 2018?
by
gnaylor
on 28/07/2018, 15:40:15 UTC
The crypto fallout was an unpredictable one because had it been predictable there would've been news about it for long but as the news leaked and people saw what happening they started retracting their investments and the result was that the price went more down again from 20000 to 6000
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Board Bitcoin Discussion
Re: Bitcoin Still The Favorite Of The Crime
by
gnaylor
on 28/07/2018, 15:30:28 UTC
Bitcoin is often placed in wallets now since it available by a majority of the people who participate in the holding or investment in the cryptocurrency market, it is the one with the most information available, phishing scams for obtaining your bitcoin address are much in number and variable so access to criminals is a lot
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Topic
Board Speculation (Altcoins)
Re: Best cryptocurrency to invest in 2018
by
gnaylor
on 28/07/2018, 15:21:06 UTC
Well to be honest how much risk are you willing to take , bitcoin has a valuation of 150 billion so it is a more stable coin , so it involves a slow and less volatile increase in price however if you see the initial coin offerings , then those are the ones with an exponential increase in prices and are more volatile
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Topic
Board Economics
Re: What's the most unique advice to attain financial freedom you have witnessed?
by
gnaylor
on 14/07/2018, 15:52:10 UTC
The crypto world is the easiest way in today's era to achieve financial freedom now through  this the minimum resources required but i think that there are other means also available as in investing in real estate or any other thing the main concept is to invest your money and assets into others things,


Post
Topic
Board Economics
Re: Will countries or central banks create their own cryptocurrency?
by
gnaylor
on 14/07/2018, 15:45:57 UTC
The cryptocurrency market is increasing in value in the accepted countries, now the countries that have already accepted bitcoin don't need to have their Cowen cryptocurrency whereas China who has denied and as everyone knows is the master of closing their own product might be the first to makes its own crypto,