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Showing 20 of 29 results by kerremy
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Topic
Board Trading Discussion
Re: How to overcome my fear and how to start trading?
by
kerremy
on 07/09/2018, 11:34:24 UTC
If you only aim to seek quick profits from crypto price movements in the short term, tracking indicators such as support, resistance, and moving averages can provide a good idea to make a purchase or sale.

Combining several indicators into your own trading strategy will usually be the best recipe for success.
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Topic
Board Trading Discussion
Re: What are common mistakes and problems of the traders?
by
kerremy
on 07/09/2018, 11:24:26 UTC
I think, one of the common mistakes and problems of traders is to make the wrong decision when they start to see big changes in prices. This is a serious problem in the crypto market due to the volatility of this cryptocurrency.

Technically, this is difficult to avoid because you involve emotion in trading. Therefore, besides having the right strategy, to overcome this you must have a strong mentality.
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Board Legal
Re: Bitcoin and Taxes
by
kerremy
on 07/09/2018, 11:11:47 UTC
Bitcoin and Taxes. Well, of course, this is something complex, where most users consider taxation on bitcoin to be against the goal of creation Bitcoin.

I think this will be a long debate, considering that most users are interested in Bitcoin because they hope it is completely tax-free.
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Board Bitcoin Discussion
Re: Is cryptocurrency so difficult to understand
by
kerremy
on 07/09/2018, 10:50:03 UTC
Yes, I think Cryptocurrency is difficult to understand, Given that Cryptocurrency is not like a fiat currency, the system and the price rise or fall can be predicted or at least explained.

Cryptocurrency is something that is beyond the understanding of the average person. However, with a simple explanation about Blockchain technology firstly, I think cryptocurrency will be easy to understand.
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Topic
Board Bitcoin Discussion
Re: Is the world ready for cryptocurrency?
by
kerremy
on 07/09/2018, 10:37:27 UTC
I think the World is not yet fully ready for Cryptocurrency. because the volatility of Cryptocurrency is something that is beyond comprehension

However, we can approach Cryptocurrency like as we approach the internet in the previous days. where actions can be carried out with the principle of not endangering the internet itself. The same can be applied to the approach to Cryptocurrency.
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Topic
Board Economics
Re: Crypto replacing fiat?
by
kerremy
on 03/09/2018, 09:37:10 UTC
If that really happens, Possible concerns if Cryptocurrencies replace fiat.

Of course, there are also some huge challenges and concerns with this scenario. Should cryptocurrencies take over entirely, new infrastructure would have to be developed in order to allow the world to adapt. There would inevitably be difficulties with the transition, as cash could become incompatible quite quickly, leaving some people with lost assets. Established financial institutions would likely have to scramble to change their ways.
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Topic
Board Economics
Re: What is the best Cryptocurrency to Invest?
by
kerremy
on 03/09/2018, 09:28:11 UTC
Yeah, A cryptocurrency might be high today and then you wake up the next day to find it dying.

So you can identify cryptocurrencies that will survive into the future yourself. The market is damn volatile and when you allow suggestions, everybody is marketing their own cryptocurrency everywhere, so you end up getting what many people use but not what might truly survive in the long term. So make your own decision by knowing what makes a cryptocurrency survive for long.

But how? It’s simple. Certain tenets define the long-term survival of a cryptocurrency. among of them is; The Purposes of the Cryptocurrency,The Market Capitalization, and The robustness of the developer community
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Topic
Board Economics
Re: Tax on the crypto currency! What do you think?
by
kerremy
on 03/09/2018, 09:19:34 UTC
Cryptocurrency values have been extremely volatile since its inception. Treating cryptocurrency, such as Bitcoin, as property creates a potential accounting challenge for taxpayers who use it for everyday purchases because a taxable transaction occurs every time that a cryptocurrency is exchanged for goods or services.

The IRS's guidance in Notice 2014 clarifies various aspects of the tax treatment of cryptocurrency transactions. However, many questions remain unanswered.
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Topic
Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
kerremy
on 03/09/2018, 09:06:35 UTC
Without a doubt, cryptocurrency is a volatile and exciting market with high risk and high reward, but having a better understanding of simple risk mitigation techniques could significantly improve the performance and reduce the losses for beginner traders.
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Topic
Board Economics
Re: Gold & Silver are safe than bank deposits ??
by
kerremy
on 03/09/2018, 08:57:38 UTC
Well, The prospect of higher returns always brings with it the risk of potential losses -- the polar opposite of what we expect from our savings. In the end, the best approach is the time-worn one -- the one that comes down to us through the centuries. It is the most direct, the easiest to understand, and for the past 10 years it has been the most reliable. The best way is to save gold.
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Board Archival
Re: Why to Invest in ICO?
by
kerremy
on 03/09/2018, 08:41:50 UTC
well, even though the ICO is at risk and lately most of the coins have fallen. However, the ICO remains the preferred choice for investors. I think the ICO will last for a long time.
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Board Altcoin Discussion
Re: Right time to buy ETH !
by
kerremy
on 03/09/2018, 08:33:51 UTC
Before we are serious about that, do you really want to buy Ethereum?

Of course, this is an amazing coin, I don't doubt it. I answer this question because I'm sure you want to buy Ethereum as an Investment. If there is a time we have to buy Ethereum, now is the time !!!
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Board Altcoin Discussion
Re: ETHEREUM OR RIPPLE?
by
kerremy
on 03/09/2018, 08:26:52 UTC
I think, Ethereum and Ripple are worth investing in. Both have a future and a variety of reasons to survive in the long run.
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Board Altcoin Discussion
Re: Is Your Money Safer In Crypto than at the Bank?
by
kerremy
on 03/09/2018, 08:13:14 UTC
Yes, I think, your money is safer in Crypto than at the bank.

Just because crypto is not in a position where everyone is guaranteed 100% with safety measures does not mean that crypto will not reach that point in time.
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Topic
Board Legal
Re: Methods to Recognize Frauds.
by
kerremy
on 02/09/2018, 19:10:10 UTC
Fraudsters always use many methods including offering fake ICOs. Scams in any industry is not a new thing and crypto being a decentralized and open source concept is one of the easiest to replicate.

The only way to not get scammed is to trust legit sources of information, as well as self-education of investors through trusted sources. that’s why all you need to do is to spend some time teaching yourself so that you don’t get scammed.
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Topic
Board Legal
Re: Is Bitcoin required to pay taxes?
by
kerremy
on 02/09/2018, 18:49:11 UTC
Yes, in some countries, Bitcoin is required to pay taxes, some countries treat Bitcoin and cryptocurrency as property, so there are capital gain implications.
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Topic
Board Legal
Re: Is Bitcoin Legal?
by
kerremy
on 02/09/2018, 18:40:25 UTC
Quote from: Rahul20 on October 22, 2017, 07:02:29 PM
The legality of bitcoin depends on who you are, and what you’re doing with it.

There are three main categories of bitcoin stakeholder. Someone may fall under more than one of these categories, and each category has its own legal considerations.

Yeah, the question surrounding the relationship between Bitcoin and the law really depends on how the digital currency is being used. Depending on where and how you utilize bitcoin, it is important to remain up-to-date on the latest regulations concerning the digital currency. As laws change across borders, governing bodies and, increasingly, as the platform gains popularity, questions about bitcoin’s legality will continue to be raised.
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Topic
Board Bitcoin Discussion
Re: Do you think Bitcoin can ruin a Country?
by
kerremy
on 02/09/2018, 18:32:55 UTC
Well, now bitcoin has been bound to the rules of tax liability regardless of the medium of money used. and that has denied the opinion that bitcoin can ruin a Country. because just like other financial instruments, Bitcoin can also have taxes.
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Board Bitcoin Discussion
Re: What if Government bans Bitcoins?
by
kerremy
on 02/09/2018, 18:07:18 UTC
Bitcoin users will always be able to transfer bitcoins from their wallets where they control the private key, In case of a ban, you can control your bitcoin.

Bitcoin users can move their Bitcoin to exchange wallets in other countries because Bitcoin is legal in most countries.
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Topic
Board Beginners & Help
Re: The world is going digital
by
kerremy
on 02/09/2018, 17:59:58 UTC
Quote from: Christinebeauty on August 31, 2018, 06:07:47 AM
Its very interesting whenever I see posts like 'bitcoin is dead' or someone asking 'is bitcoin going to die?'. I ask myself, are these people really current at all. Everything we are doing in this modern world is gradually becoming digitized. We are gradually moving from the pen and paper world. The blockchain technology is full of new ideas and projects which is gradually turning the world to a more convenient place to live. Please the fact that you invested in some shit coin and it died doesn't mean the whole crypto community is dying. Trust me, if every coin will then not bitcoin. Digital currency is the new world, very soon the whole world will accept and adopt this great concept

Yes, I agree with you. Every aspect of life changes with the development of the internet, and of course, technology. We are heading for the digital age.

Bitcoin and other cryptocurrency are new things that can make the leap forward in the near future.