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Showing 20 of 1,274 results by katrimans
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Topic
Board Economics
Re: How to save money on a long-term period
by
katrimans
on 02/10/2018, 08:09:59 UTC
just keep it in the wallet we have and we always make sure that our monitor is safe, and we always open it in the hope that no hackers hack it.
well, it's a very simple thing to say, but it's hard to do. we know that our needs always come suddenly. You might be able to do that when you have a business to run. I am currently also trying to do that.
I understood your point of view. You are actually worried about the precautionary demand for money. Well you can take care of that by putting a specific amount of money in your current account and can cash it anytime when you want. This is the best way to deal with the precautionary demand for money. Apportion a specific amount for meeting your daily needs and save the rest for future use.
Post
Topic
Board Trading Discussion
Re: Increased Number of Scammers
by
katrimans
on 02/10/2018, 07:34:33 UTC
Not a new thing, but it will always be comparable to the addition of crypto enthusiasts, not only in ICO also on websites that prepare investments with the promise of more profits. It will happen sooner or later, but if you have time for wd before, then you are lucky

This scammers are generally all those who starts a new ICO. Majority of them is considered to be a scam sort because they will get the funding form the investors but their coin will either not get listed or will fall drastically in some time only on listing and they will sell their position and get exit.

All they want is the money and in majority cases, they are able to hack and cash out the millions but this is the case with only those technologies with low security. As for as Bitcoin or ETH is concerned, the Blockchain is greatly secured against any such attack and this is the reason why people still trust these technologies. Moreover, they constantly grow in size adding additional security and advancement in the system makes it more impossible for the cyber agents to hack it.
Post
Topic
Board Economics
Re: How bitcoin can help for working abroad specially OFW
by
katrimans
on 02/10/2018, 06:58:28 UTC
That is all the world needs to use. Because most people now know each other through social networking sites and across many countries. Businesses nowadays expand international business and that is why blockchain technology is always needed for the future.
Yes it is very important in the current time when the trading world is becoming more globalized along with expansion. It is making it easy for people to carry out transactions at quick speedy rate as well as without having the need to convert one currency to another.

Moreover, big companies across the world might also deal in Bitcoin thereby eliminating the need for dollar which is a bit more costly to acquire and use. There are numerous ways Bitcoin helps in the currency world and in future it will have a whole economy revolving around itself.
Post
Topic
Board Speculation (Altcoins)
Re: I have 250 ETH, Hold or SELL?
by
katrimans
on 29/09/2018, 08:31:03 UTC
I have 250 ETH, Hold or SELL?

How do you think about the price of ETH end of this year.

I lost just small amount (5 ETH) because i bought the highest price.

I don`t know I hold or SELL.

Give me your opinion.

the amount of value that is quite large the answer you need is your own confidence and patience in managing what you have to make a profit
This is big bulk of ETH you are holding right now. Let’s suppose that the market value of ETH rise to more than $1000 in few months, this will give you a portfolio worth more than 0.25 million dollars which is something you would love to hold your ETH for. Besides, the expert opinion about the cryptocurrency investment endorse to own ETH because of a low prevailing price. If you are able to invest in Bitcoin along with holding this amount of ETH, go for it for that will give you an extra profit.
Post
Topic
Board Speculation (Altcoins)
Re: Would you recommend selling my Bitcoins now
by
katrimans
on 29/09/2018, 07:42:14 UTC
I do not recommend it, I think that its price will increase by the end of this year so it is worth keeping it
Many people will not recommend you sell your Bitcoin right now. This is a weak time of the currency and you might not get as much as you expect out of your holdings. Better keep holding until you see the margin of your profit rising with a rise in the market. This is what rationality demands.

To make wise decision in the market and we assume the individual being rational when he is in the market. Moreover, keep strong trust in the crypto market and I bet in an year or two, your whole financial setup will be changed.
Post
Topic
Board Trading Discussion
Re: Don't be discouraged! Keep holding.
by
katrimans
on 29/09/2018, 06:34:37 UTC
The market is now rebounding, and now it is rising slightly, we just keep patience hold, there will be times when the market will rise sharply so do not be too worried,
Hold, if you don't need the money you invested but there are a lot of factors that will make us give up our portfolio.

we will become millionaires early
That would be everyone's dream and hope holding will make us one someday.
I do not think being discouraged with the down market will do any good to the investor. The worst could be a scenario where you would be required to sell the coin and that will cost you all your dreams in crypto. A rather wise attempt would be to keep holding regardless of how you feel about the market and the loss of your value and a day will come when you will cash it huge Remember that in the business world, there is not place for emotions.
Post
Topic
Board Trading Discussion
Re: Why choose LONG-TERM TRADING?
by
katrimans
on 29/09/2018, 05:47:54 UTC
It is really convenient just to hold since you are facing nearly same profit possibilities as during trading but it require far less actions.
If we look at all those people who are Bitcoin billionaires, we come to know about one thing and that is the long term investment. Be it Winklevoss Twins have a current worth of more than $600 million however their initial combined investment was almost $10 million.

This is a whooping gain and this led them become the venture capitalist despite a fall in their net worth. So the long term investment in a potential coin like Bitcoin is more than what you need to become rich.
Post
Topic
Board Economics
Re: Do you have to make big investment before you can make profit in crypto?
by
katrimans
on 28/09/2018, 08:04:33 UTC
Investment not only comes in the for of money. You can also invest your time and effort in doing bounty campaigns. By joining campaigns you can earn some tokens which you can sell by the time it was listed in the market.
Speaking from the crypto perspective, i would say that as long as you have knowledge about the market and the cryptocurrency, it is not necessary to invest big. Just look at the current value of coins like ETH and Bitcoin, low indeed and a sharp investor would invest in such a time to earn and make double or more than double money for the investment cost maters a lot. And since one quests only to earn money, any asset that promises a nice share of profit in the market should be owned and not only cryptocurrency.
Post
Topic
Board Economics
Re: Dollar rises in Indonesia, what is the economic fate?
by
katrimans
on 28/09/2018, 06:48:17 UTC
I think it's not only Indonesia but there are some countries that have problems like Indonesia Hopefully our country does not experience a crisis like in the past and it is true that the pressure on the dollar will have a bad impact on our country.
Actually countries like Indonesia are passing through the weak financial condition in the history. Unlike Malaysia-which is progressing at an accelerated pace-Indonesia due to weak institutions and corrupt mafia has suffered a lot and this is the reason of sanctions been imposed on them.

As a result the value of the national currency that is Indonesian Rupiah went down thereby rising the value of dollar. This can be resolved if the country reduces its imports, produce more and more within its geographical boundaries and export more.
Post
Topic
Board Trading Discussion
Re: Descending Triangle or Falling Wedge?
by
katrimans
on 28/09/2018, 06:02:00 UTC
Sometimes, the best trade is no trade. Sitting on the sidelines while the market does what it does is perfectly fine.
Whether you're bullish or bearish, a chart can be made to fit your bias. Currently, I'm not making any moves in the market until I can see a more clear sense of direction.
Both charts show Bitcoin currently at a resistance level of the downward trendline. One is a Bearish Chart Pattern, the other is Bullish.

       

If the price drops lower, I will gladly buy more and If the price continues to rise outside of this channel and shows signs of strength, I will gladly jump on the train and ride it back up to all-time highs!
Even if I miss the exact bottom, that's perfectly fine!
I'd rather just catch the meat of the bull run than continuously trying to catch the exact bottom of the Bitcoin bounce. Once the tables turn there will be plenty of upsides to take advantage of!

Also, a suggestion for all traders, check out this free trading e-book from Eterbase, I found it quite refreshing and informative
https://www.eterbase.com/ebook/trading-guide
You’re really about jumping as it is rising and not waiting for the bottom. Some people continue to wait for when it will drop to the bottom price, but they keep on waiting and that price will come and go and they wouldn’t know, and by the time they realize it, price has already reached the highest and when they decide to invest their money, that’s the time will get caught in the bull trap and you will see the price dropping while they loose. So jump in the train as long as you’re sure that the price will rise from that point.
Post
Topic
Board Speculation (Altcoins)
Re: everything will be ok. trust in crypto.
by
katrimans
on 27/09/2018, 09:58:19 UTC
Yes everything will be okay just wait for the movement upward and put trust to crypto.
This is something many among us need to understand today. The crypto market is being depicted as a bubble market on the social media. It is not even discussed in the print media of my country and the government has no intentions of giving it a legal touch as well. Due to all this, the image of cryptocurrency is very down. But the truth is entirely different because this market has the biggest cap and it will bounce back as a leading site for earning easy money.
Post
Topic
Board Speculation
Re: BTC TO 3K$
by
katrimans
on 27/09/2018, 08:26:30 UTC
If this is true then I will withdraw whatever investements I am planning to do and wait for 2019. What are your big evidences that bitcoin run will begin in 2019 ? Based on what? Charts ? History ? If we take the history then yes, 2018 and 2019 are bear markets years but this doesn't mean that history must repet again.

Another stupid people that believed in OPs hearsay reporting if you are going to withdraw investing in bitcoin then better leave crypto community also and never come back because we dont need weak and fool cryptonians
Yes botcoin will continue to stay in this value but this will never drown to $3,000 again and i am confident about that so stop fooling around and just dl your homeworks for your own good
In my opinion $6000 is the bottom price of bitcoin and it will not drop more than this level. $3000 is half of this bottom level. The end of the year is coming and I think that investment cap will increase and so the price. I am looking the price will reach to $10k till the end of this year. Current situation of the market is the reason that people give such foolish statements.
It is hard to still tell yet if $6k is the bottom price but at the same time, every direction simply points to the $6k anyway when it comes to the mining cost, the fact that we have bounced off it several times and the fact that we can get to see some good movement from here upward, but I still believe before we can be so sure of a bottom, I would not be surprised to see us have some sideways consolidation for a while first. All in all, time will obviously tell how things would work out.
Post
Topic
Board Economics
Re: Why Cryptocurrency threatens governments
by
katrimans
on 27/09/2018, 07:35:26 UTC
Many states have already legalized the crypto currency, but made it property, not a means of payment. But this did not affect the work of bitcoin. Difficulties in working with crypto-currencies arise only in those countries that have banned the use of crypto currency.
This is the reason why there would always still be demand for fiat until maybe we get to start seeing real life usage and even at that, it does not necessarily mean every part of the globe will immediately just switch to cryptocurrency, and even if they do, the government with some regulations in place will still always benefit from it, and so at the end, it still remains a win-win situation for both the government and the users. They might feel threatened, based on the idea of control, but we all know there would always be a way around one way or the other.
Post
Topic
Board Altcoin Discussion
Re: Strict rules in Bounties, is it needed?
by
katrimans
on 27/09/2018, 06:48:45 UTC
Bounty managers pay you for job you do for them, this is not a charity. And they can ask for any specific rules they want to feel comfortable and know they will get what they want in the end. Your choice is to participate or not.

not the manager who pays bounty bouty hunter, we have to know that. all that we can pay it came from a team project. strict rules were to demonstrate the capacity of the bounty hunter. because if regulations bounty loose I guess it will be the same only the things that are not useful.
There will always be cheaters as long as there is no rule. It is always like that, you only know yourself, and there are certain people, just the same way we have scammers, that will be looking for the easy way out to make lots of money at the detriment of others without their work even being effective and that affect a lot of things.

Strict rules are highly necessary as this would help curtail some of the actions of these culprits and at least make it worthwhile for the serious ones. Anyone who does not like the rules certainly knows the way out.
Post
Topic
Board Trading Discussion
Re: My luck is very bad for crypto trading 😞
by
katrimans
on 26/09/2018, 08:09:42 UTC
Profit is a profit. You can't magically sell your coin at the top of the market. Just receive your profit, and take a lesson on your trade. And I don't think that profit isn't good profit, maybe you just biased by how high the coin goes instead focusing on your trade gain.
Of course profit is nothing else but profit but here the author is upset with his decision making power due to which he did not cash his coins when the market was green and not blame his luck to be bad. I say there is not influence of luck in business. There are so many people out there who are upset and holding their coins for long. Why are all the people getting unlucky at the same time? Bear in mind there is no luck. It is rather a probability theory of life.
Post
Topic
Board Economics
Re: Wise thing to do with your savings.
by
katrimans
on 26/09/2018, 07:29:28 UTC
we must be able to think wisely with our savings, because we don't know what will happen in the future, it's better to always have real savings for something emergency or for the future and not use all the money for crypto
The wise thing that could be done with your savings is to apportion it for multiple purposes like a portion for investment and the rest in your current account for ready use. It is good to invest in assets that can grow the value of your investment regardless of how low it is.

However, allocation of wealth is also done by keeping the profitability factor in mind and an asset that can give you maximum return is preferred over other assets. Bitcoin and ETH are great investments right now.
Post
Topic
Board Trading Discussion
Re: Paying for education
by
katrimans
on 26/09/2018, 06:45:40 UTC
I really haven't paid even once on trading and investing seminars. But I did tried once paying a forex trader that introduced to us a pro. We ended up losing overall and I lost nearly a thousand dollars too. Still the best way is educating yourself thru books and some good guides in the internet. All are free. 
I agree.It's still the best way to expose yourself in all trading resources like some trusted books or articles in the internet and even some youtube videos.Even myself i had learned from my own research and studies that has open my mind to a world of crypto trading and even until now i'm still in the learning process.
I have been learning from top universities of the world for free. Despite using your money to get enrolled in unauthentic courses with uncertain outputs, you should rather register with the edX, coursera or HarvardX which are the platforms that give you world class education free of cost. You can get the same knowledge for free unlike the students who pay thousands of dollars in MIT for a degree. The ultimate quest is to learn of course.
Post
Topic
Board Economics
Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip.
by
katrimans
on 26/09/2018, 06:04:24 UTC
Now there are really a lot of people who are ready to succumb to panic. But it will be a big mistake.
Actually the oldies do not derive any pleasure in seeing the newbies suffering with the fall in the market prices of the coins they invest in. They are happy just because they are safe. They would rather appreciate newbies to invest further because ultimately as the demand for the coins rise, it pushes up the values in the market and ultimately add to the worth of the portfolios owned by the oldies already in the market.
Post
Topic
Board Speculation (Altcoins)
Re: Eth Worth $30. Is it possible?
by
katrimans
on 25/09/2018, 06:48:41 UTC
As for me it is absolutely impossible, no way it can happen, I don't believe that ETH may fall below 100$ even in the worst nightmare situation possible.
In the crypto world, there is nothing impossible and this is also possible that ETH falls further like it did from $8000 to less than $200. SO better stay ready for any challenge and keep changing your strategies with respect to the market condition if you are not a long term investor.

However if you are one, you might not need to do these little jobs to earn quick. Make sure you do not sell your coins before it is the boom in the crypto market and only then you might be able to cash big.
Post
Topic
Board Economics
Re: Asians are the most bitcoin holders in the world.
by
katrimans
on 25/09/2018, 06:16:03 UTC
I am not surprised at all about this. I think the population of Asia alone is almost two-third of the world population. That makes it possible to be the highest number of holders too.
You are right but if we think about profit making or money making then there is no Asian and African or European but we the people want to make some money. It does not matter if the start of Bitcoin was from Europe or somewhere else other than Asia but slowly with the passage of time Asians are leading as most investors for Bitcoin. However this is very good if most users are from Asia but users are from Europe too but they should show some more actions.