Search content
Sort by

Showing 20 of 362 results by mayidid
Post
Topic
Board Trading Discussion
Re: Trading sucks, I'll just hold my coins
by
mayidid
on 03/03/2018, 23:21:05 UTC
It is not suck at all. It is because you do not know how to trade appropriately. There are many people making money with trading without any problem because they have learned many things before accessing to the trading world. if you want to earn money from trading, you have to learn. Do not expect that you can easily make money from it.
Post
Topic
Board Trading Discussion
Re: how to start trading ?
by
mayidid
on 03/03/2018, 22:20:46 UTC
Start with basic tutorial and start with your self practice. Thats the best way which can get you success in the trading world. You can always copy others for the first time in terms of buying patterns, which coins are being traded most in the market and at what prices people are selling. Most of the time people will be buying at lowest possible prices and then will sell at highest point. Thats the common thing to do but its very important to know what to buy and when to buy. So focus on that first, know the best coins and stick to them for at least a month or two. Then you will start learning the different patterns and can get hold on to it.
Post
Topic
Board Economics
Re: Is bitcoin now the strongest currency in the world?
by
mayidid
on 02/03/2018, 23:45:33 UTC
Although bitcoin is the best currency but still not the strongest in all over the world. i think in current time USD is one of the most popular and strongest currency of the world, but if we example we can come to the conclusion that the popularity of bitcoin is continuously increasing and hope that very soon bitcoin will be the number one currency of the world.
Post
Topic
Board Speculation
Re: Holding will be a risk or not??
by
mayidid
on 02/03/2018, 23:15:58 UTC
Yes, all investments are definitely risky. Holding will also be risky because bitcoin's market value is not stable it may fall down or rise up. You don't have any idea if your investment will be profitable or not. You are not sure if you are going to earn income or you just lost it. Don't invest more than what you can afford to lose, but if you can, you should buy more.
Post
Topic
Board Bitcoin Discussion
Re: The end of the banks due to bitcoin
by
mayidid
on 02/03/2018, 22:34:22 UTC
I think banks will survive for a long time to come. They have a lot of political power and cryptocurrencies are just starting to get mainstream attention. It will be a while before Bitcoin and other cryptocurrencies can disrupt the banking industry. Only a small percentage of the population has Bitcoins right now and many of us still rely heavily on banks for mortgages, loans, and general banking services.
Post
Topic
Board Economics
Re: Bitcoin to be international currency
by
mayidid
on 02/03/2018, 22:08:14 UTC
Bitcoin is already an international currency and that means that you can use anywhere but you need to make sure that there is an internet connection so you can send or receive bitcoin without any problems. Even bitcoin is not known in the law for being international, you can still use it because it is decentralized and it doesn't depend on the government law or something related to that.
Post
Topic
Board Speculation
Re: can bitcoin reach 25k$
by
mayidid
on 02/03/2018, 21:32:38 UTC
I’m predicting that the price of Bitcoin will remain around $12,000 or slightly higher until the middle of the year. I also expect slower growth, but still very positive this year. I think the price will reach $20,000 by the end of the year. That is conservative based on many other people’s predictions but that’s still doubling the price from now. I think this is a reasonable expectation for this year.
Post
Topic
Board Trading Discussion
Re: How to know before the Dump?
by
mayidid
on 01/03/2018, 23:59:58 UTC
Analysis helps a lot, but being smart when analysis is not working is even more helpful. Crypto market, most especially, is a crazy one right now and you have to always consider every possibility and be able to act fast. Prices cannot be predicted, trends can only be followed. Everything is based on the market and there is no way one can really make a prediction unless there is news backing the price to being dumped or the chart speaking some languages we understand.
Post
Topic
Board Bitcoin Discussion
Re: best sources of information
by
mayidid
on 01/03/2018, 23:35:45 UTC
I check out coinmarketcap every day to get the coin prices. Then I look at various YouTube videos to get current news on cryptocurrencies. There are a few really good youtubers that do videos on a relatively consistent basis that kind of helps keep me up to date on news relative to cryptocurrencies. or you can go to some websites like coindesk, cointelegraph, bitcoin magazine to get some news.
Post
Topic
Board Speculation
Re: What is better Trade or Invest?
by
mayidid
on 01/03/2018, 23:12:45 UTC
Invest in a long term should give profits. The reason people trade is to potentially gain even more.
For example if your coin doubled in price then you double your money, but if you also doubled the number of coins you owned through trading, then you have 4 times the original investment.
Post
Topic
Board Bitcoin Discussion
Re: Should I buy bitcoin now?
by
mayidid
on 01/03/2018, 14:55:03 UTC
I definitely think it’s time to buy. Even if the price goes lower, your still getting a decent price now. I would stock up on Bitcoins at this point because it will rise in price soon and you’ll regret not buying more. I think we could see the price get back to $20,000 sometime in this year, so anything around $10k is a good deal. As Bitcoins become more scarce, the price is just going to increase.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin digital gold or digital cash?
by
mayidid
on 01/03/2018, 10:40:31 UTC
I think there are similarities with gold, but it's not digital gold, it's digital cash as it's money used to buy anything other currencies can buy.
What makes persons believe it's digital gold it's because the bitcoin is profitable on long run, like gold, while another traditional currencies are very stable or are dying on long run.
Post
Topic
Board Services
Re: 🇺🇸bitFlyer USA Signature Campaign 🇺🇸
by
mayidid
on 24/02/2018, 03:51:18 UTC
Good day sir, I would like to join this campaign.

Bitcointalk name: mayidid
Rank: Full Member
Post count: 398
BTC Address: 17sXtRbEaa3bFYGVN9ovXmug8sTQhWYd5Z
Wear appropriate signature: Done
Post
Topic
Board Trading Discussion
Re: when do you buy ?
by
mayidid
on 04/02/2018, 22:35:36 UTC
In my opinion, there is one important factor which plays a very vital role in this kind of thing and that whether you are having this much of budget that you can afford buying of bitcoin or not. If you have enough resources at the time when market price is low, then buy at that time.
Post
Topic
Board Bitcoin Discussion
Re: Could Bitcoin ever replace conventional money?
by
mayidid
on 03/02/2018, 22:13:33 UTC
Let's just say that bitcoin and fiat would work together to foster the economy of the countries who have recognized, legalizing, and accepting bitcoin as a means of payments and transactions like Japan. There's no need to replace each other since it has its own place to shine. Bitcoins and fiats have its own respective uses hence there is no replacing one another.
Post
Topic
Board Altcoin Discussion
Re: Is it safe to participate in ICO's?
by
mayidid
on 03/02/2018, 21:53:08 UTC
ICOS are completely safe if you do research before investing as long as you are smart about it i.e.

For research: look into the whitepaper, you ask the ICO you are interested in, look at the team and what they are trying to achieve etc. If you throw money into a poor project, don't be surprised if you don't make any profit or they go under.

Don't throw too much money - Spend within your limits. Slowly build up your portfolio.
Post
Topic
Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
mayidid
on 03/02/2018, 21:47:45 UTC
I think banks feels threatened but I do not think they fear cryptocurrency. Remember cryptocurrency is just a code and anytime this bank institution wants, they can create one and adopt the technology. People are the one managing banks, these people are briliant and capable plus they have the budget. Probably they just don't feel they need to change the current system since they still feel secure about it.
Post
Topic
Board Off-topic
Re: If bitcoin goes to zero
by
mayidid
on 02/02/2018, 23:40:20 UTC
I really don't think that bitcoin will go to zero. Bitcoin will stay as it is. It is not something that will disappear now that it has been known in the whole world.
With many peoples support, nothing else will happen to bitcoin. It will just pump and pump.
Post
Topic
Board Speculation (Altcoins)
Re: Top 2 altcoins to invest in NOW.
by
mayidid
on 02/02/2018, 23:30:26 UTC
I think Ethereum, Litecoin, and Monero are the coins that worth it to buy for the future, these altcoins are rising very much recently, they have great potential to dominate the market in few years, so this is a good time for us to invest in them as soon as possible because they may rise very quick in few months.
Post
Topic
Board Bitcoin Discussion
Re: Are you surprise by bitcoin price now?
by
mayidid
on 02/02/2018, 23:17:35 UTC
Yes it is surprising, the Bitcoin is not rises, it will go down. I expect it will increases. I am disappointed. I have a little nervous about what happen in the next days or months. I wish the bitcoin will rise again as soon as possible.
It was $10k+ last week and actually it went down to $8k+ for the past few days. I think the reason why it went down because the unclear statement from south korea and fake news from India are really creating a FUD which could have an affect on Bitcoin price as well. Overall I think Bitcoin will recover over time but it could take a while.