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Showing 20 of 81 results by lightning0
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Topic
Board Economics
Re: Maybe good time to loan money to invest in crypto
by
lightning0
on 13/12/2021, 07:24:00 UTC
Borrowing money to invest in buying currency is risky. The price of currency in the crypto market is unpredictable, and there is no guarantee that it will always be profitable. When the price drops, it will suffer more economic losses.
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Topic
Board Trading Discussion
Re: Does Trading have an advantage over investing??
by
lightning0
on 10/11/2021, 06:48:24 UTC

Trading can make quick profits in a short period of time. However, when trading, it is necessary to continuously analyze and formulate trading strategies based on market changes to avoid losses.
It takes more time to invest. It is necessary to invest money and choose to hold for a long time when the currency price rises to get a good profit.
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Topic
Board Trading Discussion
Re: Stop lose trading feature
by
lightning0
on 10/11/2021, 06:26:37 UTC
The crypto market is very unstable and prone to sudden rises and falls. Stop loss is an important part of cryptocurrency trading. Setting a stop loss before trading can avoid huge losses due to greed.
Post
Topic
Board Economics
Re: If you can get paid through cryptocurrency, do you still choose fiat currency?
by
lightning0
on 25/09/2021, 02:31:51 UTC
I will still choose fiat currency. Cryptocurrency is highly volatile, and receiving it as income has certain risks, and economic losses will occur when the price drops. Not only can the use of legal currency meet the daily consumption, but also diversified investments can be made by analyzing the encrypted market to make more profits.
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Topic
Board Economics
Re: Do you think financial stability is mandatory to be a gainer in Bitcoin invest?
by
lightning0
on 25/09/2021, 02:01:29 UTC
Everyone can get a certain profit through investment. People with financial stability will have more capital to invest, and they have a greater chance of making huge profits.
Financially unstable people may sell currency at any time and cause economic losses because of urgent need for funds, while financially stable people will not worry about this happening, and they have the ability to maintain long-term investments.
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Topic
Board Economics
Re: knowledge and Capital which is Very important in Business or Investment?
by
lightning0
on 23/09/2021, 03:08:46 UTC
Knowledge and capital are both important, and both are very helpful to success in business and investment.

A wealth of knowledge reserves can help select more suitable investment projects and formulate appropriate response strategies for them, and reduce project scams or economic losses caused by lack of knowledge and experience.
Funding is equally important. Owning a large amount of funds can get more profits. When funds are sufficient, you can invest in different projects and realize the freedom of wealth more easily and quickly from many aspects.
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Topic
Board Altcoin Discussion
Re: Why Cryptocurrency is not Legalized Despite the Many Benefits
by
lightning0
on 22/09/2021, 02:51:18 UTC
The decentralization of cryptocurrency is an important reason why it is difficult to legalize.
The banking system is managed by the government and can control funds, and the government can also profit from it. The cryptocurrency is not subject to government supervision, and the funds are completely controlled by the user. It is difficult for the government to manage fund data and information, so cryptocurrency is easy to be used for some illegal and criminal activities. The government will also worry that using cryptocurrency to launder a large amount of money is not conducive to the national economic interests.
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Topic
Board Economics
Re: Two basic things that can give you an advantage
by
lightning0
on 15/09/2021, 02:30:50 UTC

Keeping calm in the crypto market is the right choice. There will always be price fluctuations in cryptocurrencies, many traders and investors will panic, and novice investors will make some wrong decisions due to market sentiment.

Falling market prices are a good opportunity to buy currencies at low prices. You can also choose to buy different currencies in multiple portfolio investments to avoid large economic losses when prices fall.
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Topic
Board Bitcoin Discussion
Re: If Bitcoin fails, will blockchain technology lose hope?
by
lightning0
on 10/09/2021, 01:57:17 UTC
Bitcoin has been in development for more than ten years, and its technology is relatively complete and mature, and the probability of failure is very small.
Blockchain is a technology, and bitcoin is just a currency used in blockchain technology.Blockchain has been used in many fields all over the world, even if bitcoin fails, it will not have a big impact on the blockchain.
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Topic
Board Altcoin Discussion
Re: Don't invest more than you can afford to lose?
by
lightning0
on 03/09/2021, 06:42:31 UTC
A large amount of investment or loan investment is very risky. When the market changes and the price drops, you must bear greater risks and economic losses.

I would say that taking out a loan is the worst idea to get started with an investment in cryptocurrency, especially for altcoins (no matter how much confident the user is). But all that said, I know at least two guys, who took out a loan to invest in cryptocurrency (many years ago) and made huge profits out of their investment. But it is entirely another topic if someone want to take a similar step at current levels. The risk factor has gone up by manytimes, and I would definitely disapprove of taking loans to invest in cryptocurrency at this point.

Some investors may have studied and studied the projects to be invested and market trends and have their own investment plans and strategies. They will have great confidence in loan investment and profit.
But now many investors will choose to invest blindly, they will have a relatively large risk when investing in loans and have to bear relatively serious economic losses. Therefore, loan investment is a very risky choice.
Post
Topic
Board Altcoin Discussion
Re: Don't invest more than you can afford to lose?
by
lightning0
on 03/09/2021, 02:40:44 UTC
The purpose of investment is to obtain more income and higher profits in the end.
Any investment has risks. Invest in the right amount of funds within the scope of funds that you really can afford, choose wisely to invest in cryptocurrency projects, and develop appropriate investment strategies.
A large amount of investment or loan investment is very risky. When the market changes and the price drops, you must bear greater risks and economic losses.
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Topic
Board Economics
Re: Why don't banks work with cryptocurrency?
by
lightning0
on 03/09/2021, 01:40:00 UTC
Banks are regulated and controlled by the government. Most people will believe in the institutional areas regulated by the state, and they think banks are safer.
Cryptocurrency is decentralized, and it will not be regulated by any government agency. When someone uses cryptocurrency for illegal and criminal activities, it cannot be tracked. If the bank uses cryptocurrency, it will improve the current financial system and incorporate blockchain technology, which will not be able to control users.
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Topic
Board Bitcoin Discussion
Re: With all your assets, Investing in Bitcoin is really a madness or beneficial ?
by
lightning0
on 26/08/2021, 09:30:10 UTC
Users in the crypto market know that crypto investment is risky, and the risk of investing all funds is great.
Although the more funds invested in Bitcoin, the more profits will be made as its price rises, but the unstable price of Bitcoin also carries great risks. Bitcoin must be sold when the price drops and funds happen to be needed, which will cause great economic losses.
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Topic
Board Bitcoin Discussion
Re: Can Bitcoin really resist inflation?
by
lightning0
on 20/08/2021, 06:54:53 UTC

The central bank's quantitative easing policy and the ever-expanding money supply are in stark contrast to the quantitative tightening policy of Bitcoin's third halving. The supply of fiat currencies is growing rapidly, and claims about the scarcity of Bitcoin are becoming more and more important. Can this prove that Bitcoin can resist inflation?
Inflation means that the central bank overprints paper money in a short period of time, causing its price to drop and currency devaluation.

The scarcity of Bitcoin makes it itself anti-inflationary. It is a deflationary currency. Neither the government nor the central bank can control the amount of Bitcoin.
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Topic
Board Economics
Re: Cryptocurrency: The Future of Finance in a New World Order?
by
lightning0
on 20/08/2021, 06:35:24 UTC
Money will be removed and replaced with a digital currency system.

Under the digital global trend, the traditional financial system will be constantly updated, and it will not be completely replaced.

Although cryptocurrency or digital currency can bring many benefits to people, it also has many inconveniences and has not been accepted by all countries. It will take a long time for cryptocurrency to change the world of the traditional financial system.
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Topic
Board Economics
Re: Bitcoin is the new gold standard of the future
by
lightning0
on 20/08/2021, 06:21:12 UTC

Bitcoin and gold are both very high in value, and both are ideal investment storage methods. However, with the current development of the digital currency economy, Bitcoin's effect as a gold substitute is much better. Bitcoin is the basic currency of the future. It is completely free from national boundaries and can be circulated on a global scale. Bitcoin should have better development in the future.
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Topic
Board Economics
Re: Central bank digital currency will improve the use cases and value of Bitcoin
by
lightning0
on 20/08/2021, 03:25:57 UTC
The operation and circulation of CBDC and the upgrading of financial system infrastructure will benefit all digital currencies and will reduce the difficulty for ordinary people to access digital currencies. Because ordinary people who understand digital currency in CBDC may like Bitcoin and strengthen their support for Bitcoin.
The central bank’s interest in developing and issuing CBDC may highlight the role of bitcoin in the global digital economy. Bitcoin allows users not to rely on the monetary policy of the central bank, nor to trust a third party to hold and transfer funds. Users need to trust Bitcoin's code and incentive mechanism to allow everyone to use it safely, credibly and openly. As the public's trust in the government weakens, bitcoin will be more accepted and promote the development of Bitcoin.
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Topic
Board Trading Discussion
Re: Trading Strategies changes with time
by
lightning0
on 20/08/2021, 02:54:06 UTC
Due to the unstable crypto market, cryptocurrency prices fluctuate greatly. To understand price changes and the gaps when they change, develop a very effective and proven trading strategy to adapt to the market and get more profits. A trading strategy only predicts the general trend, it does not mean that it will provide complete accuracy.
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Topic
Board Bitcoin Discussion
Re: Does Bitcoin increase wealth equality?
by
lightning0
on 20/08/2021, 02:16:45 UTC
Bitcoin's decentralization promotes the fairness of global currencies and protects its holders from inflation.
Bitcoin does not achieve global wealth equality. It will only benefit those who are really rich or the rich who buy it, and make the rich who have the funds to buy more Bitcoins become richer.
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Topic
Board Bitcoin Discussion
Re: Bitcoin solving the problem of intermediary
by
lightning0
on 20/08/2021, 01:34:42 UTC
The decentralization of Bitcoin is completely controlled by users themselves, without any central agency or intermediary agency.

It completely eliminates third-party intermediaries such as the government or central bank, and is safer than traditional finance.