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Showing 20 of 22 results by kaventt5
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Topic
Board Off-topic
Re: Online Relationships
by
kaventt5
on 15/02/2019, 14:49:20 UTC
In opposite to most commentators here, I had quite a pleasant experience in online relationships. I've been dating wth a girl, which I’ve met on Craigslist’s personals section. I agree about a lack of intimacy in such kind of dating, but this problem can be solved with face-to-face meetings. For me, Craigslist wasn’t a site for chatting, but a platform for meeting someone with similar interests. Sadly but recently it has been closed. I found a list of alternative resources here - https://websiteslikecraigslist.net/, but I don’t have an account on any of them yet, so if you will share your experience I will be grateful.
Post
Topic
Board Bitcoin Discussion
Re: How Phillipines adopting BITCOIN
by
kaventt5
on 22/11/2018, 13:42:40 UTC
Philippines has made a great step forward in adopting Bitcoin. With such positive tendencies, the country can influence its neighbors to follow their lead. Finally, the government started to realize the benefits of adopting cryptocurrency. This is the example for every country.
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Topic
Board Bitcoin Discussion
Re: Are there any good movies related to/about bitcoin?
by
kaventt5
on 19/11/2018, 10:01:09 UTC
There are some must-see documentaries. I strongly suggest watching 'I am Satoshi', 'Rise and Rise of Bitcoin', and 'The End of Money as We Know It'. Enjoy.
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Topic
Board Economics
Re: How to save money on a long-term period
by
kaventt5
on 09/11/2018, 08:41:28 UTC
Your idea is very interesting. The best way to save money is to invest in valuable things that won’t be depreciated in time. And during the long bearish crypto market, such investments and passive income may close the gaps in your funds. I think keeping fiats is the riskiest way because inflation can reach even USD. If the market remains the same till the end of the year, your idea can become popular. 
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Topic
Board Bitcoin Discussion
Re: What do you think only the rich can make profit from Bitcoin?
by
kaventt5
on 08/11/2018, 10:20:28 UTC
It’s obvious that the more you invest, the more profit you receive. But what is great about cryptocurrency is that it provides incredibly low barriers to entry in comparison with other markets. It enlarges the potential audience. Although the price is pretty high, it's possible to purchase small units of Bitcoin.
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Topic
Board Altcoin Discussion
Re: What I do before buying an altcoin!
by
kaventt5
on 07/11/2018, 14:15:31 UTC
Thank you for sharing your thoughts and methods. I would like to add some reflections. I just do a research about coins of my interest, read articles, watch videos on YouTube, or analyze charts. Additionally, I explore the websites of the exchanges like CEX or Coinbase where I can buy btc with fiats or exchange it for other cryptos (https://cex.io/xrp-btc). They reflect the situation on the market.
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Topic
Board Altcoin Discussion
Re: Ripple - long term or shorting?
by
kaventt5
on 06/11/2018, 14:25:37 UTC
Yeah, agree with drogas. It even seems to me that this coin will become widely accepted quickly than bitcoin. But it's only my assumption. So, I'll definitely hodl it. Both long or short terms make sense, but I'd \vote for a long term. And if you'll decide to buy it, I suggest doing it on CEX (https://cex.io/xrp-eur).
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Topic
Board Economics
Re: How to calculate profit
by
kaventt5
on 02/11/2018, 15:18:49 UTC
In order to get profit, you must sell at a price higher than the one you bought at. So, when you buy and sell at the same price it is obviously won’t give you any profit. Furthermore, you'll lose money on paying transaction fees. In general, the profit calculation is based on the price growth of the currency and the size of your investment. Let's say, the price is $10,000 and you put $100 – if the price goes up to $10,400, your profit will be $4. There is nothing difficult in it, successful trading just requires more experience.
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Topic
Board Altcoin Discussion
Re: Girls in the world of crypto currency
by
kaventt5
on 30/10/2018, 10:41:14 UTC
I agree with Alexeu00011, gender shouldn't matter. For example, I didn't teach my girlfriend how to trade. She did it by herself, and then even started consulting me Smiley It was she who introduced me to such a cryptocurrency exchange as CEX. With their payment methods that include bank transfer option (https://cex.io/wires-campaign/), it's quite convenient. I am greatful my girlfriend is involved and shares her experience with me.
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Topic
Board Bitcoin Discussion
Re: Is Facebook against Bitcoin?
by
kaventt5
on 29/10/2018, 10:33:38 UTC
Facebook is a commercial platform. After they've banned cryptocurrency ads, they've realized that they could make a lot of money on it. That’s why they've changed their mind. The requirements for advertisers are tough though. Maybe, talks about Facebook creating their own token actually make sense. There is lots of money in crypto, and they want their piece of pie.
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Topic
Board Bitcoin Discussion
Re: How is trading cryptocurrency different from stocks and forex trading?
by
kaventt5
on 24/10/2018, 14:02:13 UTC
Yep, crypto markets are way more volatile and more dynamic. That’s the main difference. While stocks or forex markets are related to classical economics, crypto exchanges don't comply with traditional rules. They work 24/7/365, and prices change rapidly. Experienced traders make huge profits in hours or days, they make x5-x100 thanks to a few transactions. It’s impossible for traditional trading systems. As for other features, there is a giant number of coins and tokens. There are around 200 fiat currencies but more than 2,000 cryptos! You can buy crypto for fiat in different pairs, say, XRP for EUR (https://cex.io/xrp-eur), or you can sell BCH for USD, and so on.
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Topic
Board Service Discussion (Altcoins)
Re: Exchanges in 2018
by
kaventt5
on 23/10/2018, 15:16:14 UTC
My choice is CEX. It's a simple exchange with strong security measures. Though sometimes it can ask to provide a lot of documents for verification (which could be quite exhausting). But what is especially good is their fiats support. You can easily buy bitcoins (https://www.cex.io/buy-bitcoins) with cards or via bank transfers there.
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Topic
Board Trading Discussion
Re: How to be A Good Trader? [new]
by
kaventt5
on 18/10/2018, 09:21:36 UTC
Yeah, erickkyut is right. I also would suggest choosing an easy-to-use exchange where you can buy coins with your cards. Like CEX (https://cex.io/). This website provides a cold storage for keeping coins. But it's still better to have a hardware wallet for such purposes. Anyway, if the exchange has an option of a cold storage that means your coins will be placed in the cyberspace offline. And the exchange I've mentioned has a high level of security, so I'm quite sure you won't have problems with it.
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Topic
Board Trading Discussion
Re: Centralized vs Decentralized Exchanges - Which ones are better?
by
kaventt5
on 09/10/2018, 10:36:18 UTC
More and more Decentralized Exchanges are popping up, but are they really what they are hyped up to be?
https://www.youtube.com/watch?v=d-xA7p9NbdI

I think the concept is great, but at the moment they are really hard to use because of constant downtimes especially on IDEX and EtherDelta. What are your thoughts on this?



Well, I consider them just like a better version of centralized exchanges. I agree, the concept is good enough, but I haven't used DEXs, so I have nothing to say here. Probably, in the future, I'll try. Though at the moment, I'm satisfied with CEX (https://cex.io/), as all my favorite coins are placed there, and the payment options are fine.
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Topic
Board Altcoin Discussion
Re: except btc and eth,may i invest which coin?
by
kaventt5
on 01/10/2018, 16:15:17 UTC
Well, you can look up at CoinMarketCap's page, and make some research on this matter. I’ve noticed that some users recommended investing in xrp or/and stellar... probably I’ll agree with ‘em. Honestly, these coins are my favorite ones Smiley Besides, I can buy or trade them on the exchange that I’m using. And since cex doesn’t have a lot of different coins, I’m lucky to see there all of crypto that I like.
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Topic
Board Economics
Re: Friends reactions to crypto currencies?
by
kaventt5
on 28/09/2018, 14:52:48 UTC
My friends actually heard about cryptocurrency even before I told them that I decided to deal with it. But they are very skeptic on this matter. I guess that they can’t or don’t want to understand idea of crypto’s independence from any government. One of my mates even rolled his eyes when he heard that I consider that btc is a digital gold, he didn’t want to hear any explanation. I think they need time to realize that it’s not another bubble, as some people believe. And if they want to be in step with the times, they must be more open-minded and accept the opportunities provided by new technologies.
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Topic
Board Bitcoin Discussion
Re: What is best wallet for long term bitcoin holding?
by
kaventt5
on 27/09/2018, 15:02:57 UTC
For a long-term holding I would recommend using a hardware wallet, especially for Bitcoin. Here are some examples on BitcoinWiki: https://en.bitcoin.it/wiki/Hardware_wallet. If you're considering to use a web-based wallet, then choose it from trusted and reliable exchanges (like CEX (https://cex.io/) or Coinbase). These platforms should guarantee a cold storage, 2FA, data encryption etc.
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Topic
Board Altcoin Discussion
Re: what are the advantages of altcoin ?
by
kaventt5
on 25/09/2018, 09:27:11 UTC
Most of the altcoins differ from Bitcoin in a few minor features like mining algorithms or a level of anonymity. Fortunately, there are other altcoins which undergo important changes. They present a new product with a potentially wider application area. These altcoins move the process of decentralization ahead and adequately compete with Bitcoin, stimulating its development. The actual advantages of those altcoins are, primarily, quicker payments and lower fees.
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Topic
Board Economics
Re: Why I am not sharing my crypto love? <3
by
kaventt5
on 21/09/2018, 11:46:25 UTC
People take notice only of good results. Mostly they don’t take risks or losses contained by crypto market into consideration. But there is no guarantee that their experience will be as positive as yours. People should understand that they should invest their time, knowledge and skills if they want to get a profit. Talking about the crypto market, a person should be patient and need to have at least a basic understanding of the technology to reach positive results.
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Topic
Board Trading Discussion
Re: Learning to trade
by
kaventt5
on 20/09/2018, 12:30:37 UTC
As it was asked before — what about your strategy? As I'm not aware of your trading style, the only thing that I can do is to recommend a place for trading or buying. For example, I use CEX for trading and buying coins 'cause this exchange allows using cards which simplifies the process.