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Showing 20 of 70 results by henlity87
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Board Economics
Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto
by
henlity87
on 24/12/2018, 07:40:22 UTC
Cryptocurrencies has only made it in to the mainstream media as an apparatus from the dark web when the infamous Silk Road has been turn off. Back then, that was far from getting considered a good investment decision for Wall Street types, nonetheless they soon joined the party.

Suddenly, banks, the thought front-runners of banking and financial institutions all had an opinion on Bitcoin - many of them thought it was a gimmick, or even rat toxic and far too unstable to take seriously, but conversations about Bitcoin were getting to be held in investment circles.

Stories of Bitcoin billionaires in addition to overnight millionaires cropped upwards, plus the individual investors overloaded to be a part of typically the massive wave of Bitcoin mania. This is why volatility was so crucial in establishing cryptocurrencies as a potential asset that will could also be used being a currency in a well-known society. However, this same volatility is additionally what could kill that goal.
A portion of what has cemented cryptocurrencies on the map given that they exploded into the public investor market has already been their volatility. Investors inundated to the likes of Bitcoin when, through Nov and December 2018, the value of the cryptocurrency increased in value tremendously. Conversely, such precariousness is a two-edged rapier, and the cryptocurrency bazaar has shown that in 2018 with Bitcoin’s price trailing more than 50 percent at times from the year finale worth of $13,000. The cryptocurrency market has also felt the ill effects of Bitcoin’s movements because of this of the price drops, Bitcoin’s trading volume, and even interest in the digital money realm also decreases. The danger is that changes can cause a significant exodus of investors to take place which severely dents the hopes of other cryptocurrencies gaining mass adoption standing.

Itai Cohen, CEO of Homelend says,
Quote
“The high volatility of crypto-assets is the result of investors’ reliance on the so called ‘adoption syndrome’ - where the perception of an asset’s value is mostly based on expectations about its adoption by the community.”

Volatility should be at the epicenter of attraction for crypto if there is to end up being a future through which crypto is employed widely in everyday instances. However, it needs a lot of bravery, plus some tactical know-how, to successfully navigate the lows, to retain oneself safe, and sane, along with contributing positively to be able to a burgeoning crypto overall economy.

Patience is the key here to deal with anything that is related to crypto and blockchain. A calm mind will always get maximum output. Cheers.



Come. To think of it, a lot of people here are investing their money in Bitcoin because they see it as an investment and not as a currency like a few of us would say. So if majority of us here are investing their money because they see it as an investment, that means the volatility is needed, cause if it’s stable a lot of people would lose interest and the value will drop.
Post
Topic
Board Altcoin Discussion
Re: What is happening to cryptocurrency?!
by
henlity87
on 12/12/2018, 08:15:02 UTC
It seems to me that you always need to follow the rules - whatever happens, it's for the best. And at the same time I still upset the current market situation. You need to try yourself in another
It seems like those who are upset with the current situation are not just you, but almost all the members in this forum also feel the same way. but I still believe that there will be its own time to be able to reach a bullish trend
They all have to wait for a good time and do not have to blame the cryptocurrency for any weakness and the coin do not dump itself but that are we people who start to sell our coins and dump them all if we will not sell and we all will hold and will use only these currencies for our transactions and buy and sale then this market will be at a better stage again.
Post
Topic
Board Speculation (Altcoins)
Re: Time to invest or wait ?
by
henlity87
on 11/12/2018, 08:25:04 UTC
Undoubtedly, who still have available funds, then there is no better time to invest. Do not miss such a good opportunity, it's time to buy parts of cryptoactives dangling at the bottom. If not already in long-term, then on the next bounce up, you can earn good money.
For the new investors and for those who want to invest more money it is a good time as now they will buy more coins with a smaller amount of money. We have to invite our friends and family to invest in Bitcoin and other coins to make even them rich in the future.
Post
Topic
Board Speculation (Altcoins)
Re: Don't panic sell
by
henlity87
on 07/12/2018, 08:19:23 UTC
Like all the time, some negative news background. And the price is constantly falling. And even if there is good news for the industry, they do not affect the price.
Only wait will do better but not the best we have to promote it among the investors and have to use only those products which are available only with the payment of these cryptocurrencies. If we will use only these then there will be a flow started in them which will increase the price of it.
Post
Topic
Board Economics
Re: How can we get people to use bitcoin as a currency?
by
henlity87
on 06/12/2018, 11:59:56 UTC
Bitcoin is not suitable for regular payments. Bitcoin is usually used for international trade. The use of micropayments is unscientific, and stellar coins are more suitable for small payments. We won't see large-scale payments for Bitcoin, which capitalists can pay in bitcoin.
I think Bitcoin is a currency which is easily used by any deal no matter it is international or local, online or offline. It only need the system requirement which will be installed in the required places to pay with it. It also need our support to promote it and to accept it only.
Post
Topic
Board Altcoin Discussion
Re: Should ICOs be regulated
by
henlity87
on 03/12/2018, 12:56:24 UTC
Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.

I suppose a regulatory body be set up to audit the ICO process and the  founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
Regulations may give better results in short-term but we can be sure about what will happen in long term as this may kill core concept of entire crypto-currency world; decentralization. The high level of scam you have mentioned could be avoided if you do your own research and analysis. Hence, asking for regulation is not good in my opinion.
Post
Topic
Board Speculation
Re: Will 2018 be better than 2017 for bitcoin
by
henlity87
on 03/12/2018, 07:12:48 UTC
In this bearish situation, it is impossible to guess whether the price of Bitcoin will increase or decrease. The situation will always change according to the market which we cannot able to guess sometime, the only option we have is to wait until the market starts recovering.
We do not have to lose the hope with the better future and I am sure that in this year we will see a good time in Bitcoin market and we will enter in the next year with a very good market. Then in the next year the market will be up and there will be a large scale of opportunities for the online earners.
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Topic
Board Economics
Re: When the government forbids cryptocurrency
by
henlity87
on 03/12/2018, 06:35:44 UTC
My government has no task to prohibit cryptocurrency. The state is trying in every way to take control of the cryptocurrency and take the tax.
It's good to know, there are countries who prohibits ICo and crypto way too hard. The thing is how  capable the country to manage a decentralized system. It's ok to put restricctions but not to the point of banning it.
Many governments who do not know about the nature of cryptocurrencies try to control them and some have banned it but they do not know that it is unable to control and no matter how much they will ban it the people of their country can easily use these currencies as they are decentralized.
Post
Topic
Board Economics
Re: Do you use cryptocurrencies in your daily life? Are they useful?
by
henlity87
on 24/10/2018, 12:44:22 UTC
I am not use and I don't know how to use crypto every time for our daily day activities ? I only use bitcoin and cryptocurrency for transaction and make investment or trade to get profit, I don't know bitcoin or crypto have useful for daily activity.
This is exactly like using you paper money. This is a currency in places where it has been recognized as currency and is accepted as medium of exchange. You can buy milk with the cryptocurrency you hold and can use it to pay your utility bills.

Besides, it is a store of value which enables you to store wealth and the addition of the value to the money stored in the form of cryptocurrency is also more than what you might normally get in banks. So there are numerous uses of the crypto currencies that cannot be avoided for long.
I don’t have much bitcoin in my wallet because I haven’t invested money in bitcoin. I just earn from different campaigns and when I get some coins, I transfer them to dollars and then my local money. I cannot use my coins in my local market because nobody is accepting bitcoin so far and there is no need to use it in other countries. It is easy for me to convert coins in local currency and then use it.
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Topic
Board Trading Discussion
Re: Are you making money in this bear market?
by
henlity87
on 24/10/2018, 11:05:53 UTC
iam trading with eos/btc and eth/btc pairs and this strategy working in current market satuation,even my earnings is bit low in these days but good then nothing
Yeah something is better than nothing. You are making small profits but many investors are losing their money due to wrong decisions about their holdings. If you continue this trend you will make money in the future because this bearish situation will not last long and I am sure good that will come soon. More and more people will enter in cryptocurrency investment in the near future.
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Topic
Board Trading Discussion
Re: Patience is the most important thing
by
henlity87
on 22/10/2018, 12:43:25 UTC
Patience in most humans is not easy to control you? I could remember some guys that nearly got burnt due to impatience. Market is not really easy and where by in the case you are using little capital in trading that's where it will get wores.

Patience? Simple word but easg to understand. Most of the people today don't know how to handle patience. They disn't achieve patience actually because of being tired. We all know that market isn't stable so the main game in this is having a patient mind yet many people doesn't know how to handle the urge so they end up loosing money or profits because of impatient.
Yeah of course patience is very important for crypto trading. One wrong decision can take all your money, and if you lose your money you should not be impatient and emotional. Be cool and wait for more till the price moves on. If you work deliberately and consistently, no doubt that you will earn big money from crypto trading. Patience is mandatory in every field of life.
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Topic
Board Economics
Re: Is there any chance of having one global currency?
by
henlity87
on 22/10/2018, 11:05:57 UTC
No government will give up its own currency distribution rights!
You refer to the euro, there is no favorable factor for the EU economy, and some European countries have economic crisis!
A global currency has a limited effect on the development of the economy!
There is 100% chance of having one global currency in the future. There are thousands of currencies in the world and when you visit a country you need their currency. It is difficult to change your local currency into dollar and then your required currency. You will have to pay exchange rate two times. So it is much better to use bitcoin as global currency.
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Topic
Board Trading Discussion
Re: Bear time is near to end
by
henlity87
on 20/10/2018, 12:00:19 UTC
The end of bearish market is long been waiting this year. The market is so bloody due to almost 10-month long of decline with coins losing more than 60%. Hoping that this November the bulls will bring the market in green again. As of today, the market is stabilizing and prices didn't have any major movements.
Yeah you are right and I think that till the end of this year we will see big difference in the price. People are coming back towards bitcoin and investing their money again in bitcoin because the realized that no other crypto can give them such a good profit as bitcoin. So it is better to invest in bitcoin and make some money in the near future. due to huge investment the price will also go up soon.
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Topic
Board Altcoin Discussion
Re: Have you make money from ICO?
by
henlity87
on 19/10/2018, 12:18:17 UTC
Yes, I also participate in ICO projects. After careful development of the company's analysis. That is, before you invest in the company. I'm checking her out by any means. I correspond with administrators and developers. I analyze the company by its importance in the current time and relevance to the current conditions.
I don’t believe in new ICOs therefore I always invest my money in highly acceptable, trustable, authentic and reliable coins, and that are bitcoin, Ethereum, Ripple, litecoin and monero etc. I think that if invest in ICO and it became scam I will lose all my money, so it is better not to invest in it until it is not listed and priced in exchange, nevertheless it will take long time to be profitable.
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Topic
Board Trading Discussion
Re: Which is the best time period in a day for Crypto trading???
by
henlity87
on 18/10/2018, 07:50:54 UTC
This depend on the price action of each coins and the target profit, in my experience duration when buy and sell in day trading can be around 2 days , but if the price stay stagnan the duration can be longer. At the moment my target profit for every trade is 10% and stop loss 5%, and the price can be reached the target or the stop loss around 1 to 3 days.

The best time period in a day is that when you free and no other work to do. You can spend that time for bitcoin trading, because when are mentally free you will better focus on trading and will make good and right decisions on the right time. Right decision on the right time will give you profit eventually. Do not set in front of your computer in time of depression.
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Topic
Board Speculation
Re: Why we will see $50k Bitcoin end of year
by
henlity87
on 16/10/2018, 08:06:26 UTC
The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35



I would not believe Bitcoin would be at that price and i think $ 25,000. Because the crypto market is hard to predict. Tomorrow will be different today so we can completely believe in ourselves.
I think history repeats its self but the current market is not like it had been last year so it would be irrational to expect the market going high like last year. However the growth is not so dormant either. There has been a good portion of rise in the volume of Bitcoin in the previous month which meant that still despite the fall people look forward to invest in the crypto for the marginal benefits in crypto are still way too high.
In my view the maximum price for bitcoin till December this year would be not more than $10000 because if we look the current situation of the market we will find that the investment cap is very low and that is the big reason for decreasing price of bitcoin. You are right that nobody can predict the price for future due to huge volatility in the price.
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Topic
Board Trading Discussion
Re: What are the Best Coins to Buy?
by
henlity87
on 15/10/2018, 11:29:41 UTC
When the market is red like now, choosing a good coin and having the chance to skyrocket is important, and for now I only rely on ethereum and dash because I'm sure these 2 coins will skyrocket soon.
Many people ask this question again and again. I don’t know why people just asking questions about the best coin for investment and do not invest. Now I understand that those who just ask questions will always ask questions and will never take a step. Anyway for me the best coin is only bitcoin and I think that I can make handsome profits in the future from bitcoin.
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Topic
Board Gambling discussion
Re: Beginner's Luck
by
henlity87
on 11/10/2018, 12:24:44 UTC
I think, there is no difference first, second or third game, if you are lucky enough at that day, you win, that's all.
That's all and it comes usually to the beginners so we therefore conclude that beginners luck is true. I believe that it comes to the right person but not all the time its applicable to every beginner that is gambling. The only thing that I can say if a beginner is lucky that will push him to play more.
I think that beginner’s would visit casino with a gambling expert and see how he plays the game and try to catch the tricks and skills of gambling. I don’t think that only luck will get them money. No doubt that luck is a main factor in gambling but not in all gambling. Beginners should avoid difficult games because these are not for them. They will just lose their time and money.
It can be an option by a beginner but there's just type of people that are very curious with it and can handle it alone. And a wise and aspiring gambler would love to do this and will probably conduct a background checking about strategies and the possible games he should gamble.

And I hope that aspiring gambler that we are talking about will not be addicted to gambling since, let's be honest, a lot of people get addicted to gambling easily since earning money by just relying on your luck sitting in a chair waiting for results and just sitting there is so easy for gamblers.

I don't believe in beginner's luck. Doesn't mean that a beginner won a game, that means it is a beginner's luck. How about the gamblers that is gambling for a long time now, and they won, what will we call that? If you will be looking at it, it is just the same. The only difference is that he just won the time that he is just a beginner. Also, with this beginner's luck, people starts to recognize gambling as a great way to spend money since it will give them good amount in time but in reality, it won't.
It is why its called a beginners luck, because they've won from the very first try. Yeah, there's no difference but that's just it. We are tied with the society that has created this word. We are free to believe what we want so its fine if you do or don't believe in it.
i would go with what you say. Beginners luck itself states how difficult and complicated it is. It mostly depends on the luck factor and also i think that the majority of peoples who got new into gambling just try their kuck by playing some games. It turns profitable indeed sometimes.
Beginners will only depend on their luck because they have no experience in gambling and they have only luck when they start gambling. Gradually they will learn the techniques of gambling. There are some games which depends only on luck like dice games. Dice gambling doesn’t require any experience as I know and lucky gambler will win the game.
Post
Topic
Board Altcoin Discussion
Re: Ripple the next bitcoin?
by
henlity87
on 10/10/2018, 12:21:03 UTC
If that happens, Ripple can take over Bitcoin, the results will be very sad.
Just imagine if a system is centralized just as the Bank takes cryptocrurency that is decentrrralized in nature. LOL
No doubt Ripple is fast growing coin in the world but it will never be no. 1, because there is a huge difference between bitcoin and Ripple. Bitcoin is more than $6000 and Ripple is under $1. There is no chance for Ripple to take over bitcoin. Most of the people still invest in bitcoin and the market cap is going up more and more. People can make profit from ripple but it will never surpass bitcoin.
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Topic
Board Economics
Re: Starting With Nothing in Bitcoin
by
henlity87
on 06/10/2018, 10:43:32 UTC
To some,100-unit of bitcoin sounds like a big investment. To some,its a small investment.4 years ago, buying 100-unit of bitcoin was a small thing,but today is a huge investment and it's going to be higher in years to come. Below are some arguments on how one can start with nothing especially in cryto or digital currency system.

#1:Being born poor and financially uneducated does not mean you cannot become rich.very few people are born rich enough to buy 100-unit of bitcoin today. And no one is born smart enough to acquire, finance and manage 100-unit bitcoin by themselves.  In other words, not having any money or financial education isn't an excuse not to get started. Yet billions of people let the problem of not having money or enough education stop them from becoming rich. They fail to make the first step. And if they do take the first step and then fail, make a mistake, lose money, or run into problems,  many quit. That is why for billions of people, a 100-unit of bitcoin will always seem like a big investment or project bigger than their dreams.
 
#2: Start small and take baby steps : last year, my first investment in bitcoin was a $100.i was extremely nervous when took the first step.the investment grew up to $300-400 in a month, which I eventually lost all. But I didn't quit. After the lost, my eye opened to the entire blockchain system.i then realized that Bitcoin was not the only cryptocurrency in existence.i started with nothing as a bounty hunter and developed my I.Q on digital currency. Today I am a proud owner of some reasonable crypto. I strongly believe in the power of mind. Our  Minds are our most important form of leverage.

#3: Dream Big: Most of us know that a child must be allowed to dream. Thesame is true for adults. Our dreams keeps us rich, young, and fun. Investment and projects keeps us learning and growing instead of living below our means, we dream big, learn, and invest carefully in order to go beyond our means.
   In conclusion, Today even in the richest country in the world, millions of educated, hardworking people are earning less even if they are paid more.
To make matters worse, because of a market crash, millions of educated, hardworking people think that investing is risky and to attain higher returns means you have to take on greater risks. There are only a few people who know that the key to leverage is Control, and the key to control is financial intelligence.
 The good news is that the higher your financial intelligence, the more money you make without needing money. In this new capitalism, it is truly possible to make money for nothing.
Please op, change your topic cause it’s misleading people. How can you put starting with nothing in Bitcoin and here you’re saying that you started with $100, that isn’t nothing. Bitcoin is not something you can start with nothing, you must have something to start it with… when I got in newly, a lot of people told me I could get free money but that was a lot cause they introduced me to faucets and I couldn’t achieve anything from. Till I decide to invest some money.