Search content
Sort by

Showing 20 of 139 results by rizqoAD
Post
Topic
Board Altcoin Discussion
Re: 2017 Vs 2021
by
rizqoAD
on 01/12/2021, 02:32:30 UTC
I think 2017 and 2021 will be different, because in 2017 there were so few cryptocurrency enthusiasts that at that time only people who were already in the crypto world who joined between 2015 and 2017 were benefiting from the rise in cryptocurrency prices. In 2017 all altcoin prices went up and many cryptocurrency projects were successful, almost all crypto markets were bullish. Whereas in 2021, even though the price of Bitcoin recorded a record high, it did not make all altcoin prices go up, especially for new altcoins which are quite difficult to rise.
Currently there are a lot of cryptocurrency users and the transaction value has hit a record high in history, I think in 2022 there will still be an upward trend in the price of Bitcoin and the already well-known altcoins but for new coins I think it is still quite difficult.
Post
Topic
Board Altcoin Discussion
Re: Is it possible to avoid all scams?
by
rizqoAD
on 30/11/2021, 14:16:16 UTC
I don't think we can get rid of scams in the cryptocurrency field completely. The crypto world cannot be separated from fraud, for that everyone who is new to the crypto world needs to learn. Nowadays, there are many platforms that offer services about analyzing a project whether it is a scam or not, but I don't think it helps. In my opinion, personal experience will give knowledge about fake cryptocurrency projects or real projects because the more experienced we are in the crypto field, the more we will avoid being scammed.
Post
Topic
Board Altcoin Discussion
Re: 100xcoin boom
by
rizqoAD
on 30/11/2021, 02:04:49 UTC
I have checked on Coinmarketcap there is no 100xcoin, I think the coins you have are dead coins and have no value. It could be that 100xcoin is just a pump and throw that is normal for coins that have no value, I think investing in famous and high-volume coins is much safer than investing in new coins. Not rushing in choosing coins will save us from losses, of course if you are a new investor you should learn the basics of altcoin investing.
Post
Topic
Board Altcoin Discussion
Re: Which cryptocurrencies have the lowest transaction fees?
by
rizqoAD
on 29/11/2021, 14:23:03 UTC
In trading altcoins, we must calculate the profit and loss including in this case transaction costs. Each altcoin has a different transaction fee when we withdraw from one wallet to another, a trader will choose the altcoin that has the lowest transaction fees because it saves expenses. In my opinion the lowest cost altcoin is Litecoin, I have used Litecoin as a transaction when I wanted to convert it to fiat. If you want the lowest transaction fees, I think LTC is perfect for small traders like us.
Post
Topic
Board Altcoin Discussion
Re: What are the best ways to invest money?
by
rizqoAD
on 29/11/2021, 02:29:46 UTC
In my opinion the best way to make money in the cryptocurrency field is trading, trading provides realistic profits because the income earned is in accordance with the altcoins we buy. If the altcoin we buy experiences a large increase, then the profit will also be large, provided we buy at a low price and sell at a high price. It can be seen historically that ETH in 2019 is very cheap at around $150, but in early 2021 it is quite expensive at around $4,300 so there is a significant increase and we can imagine if in 2019 we buy 1 ETH at a price of $150 then if we selling it now will make a profit of $4000.
Post
Topic
Board Bitcoin Discussion
Re: The paradox of Bitcoin adoption
by
rizqoAD
on 28/11/2021, 15:53:34 UTC
In my opinion, currently Bitcoin cannot be used as a full payment adoption, this is because not everyone, both buyers and sellers, accept Bitcoin. Only a small part and by mutual agreement use Bitcoin as a means of payment, currently Bitcoin is very popular in the world because it is an investment that provides many benefits. I understand that there are some people like you who want full adoption to be used as a medium of exchange but this has not materialized as people prefer it as an investment like gold.
Post
Topic
Board Bitcoin Discussion
Re: How reasonable is it to invest in Bitcoin in the current situation?
by
rizqoAD
on 28/11/2021, 06:47:26 UTC
I think now is a good time to buy Bitcoin, a price below $60,000 is a fair price to start investing. As in previous years at the end of the year, I don't think the price of Bitcoin will experience a significant increase but at the beginning of the year I predict there will be a significant increase. No need to worry about the current price because fluctuations like this happen often and all I can do is focus on holding on, yes holding on is the best way to keep my investment profitable when the Bitcoin price drops.
Post
Topic
Board Bitcoin Discussion
Re: 41% of people globally say they trust Bitcoin over local currencies
by
rizqoAD
on 28/11/2021, 02:26:45 UTC
In my opinion, the majority of people in the world do not want fiat currency anymore, its value continues to decline as a cause and every year it experiences inflation. In some countries people have no other choice but to use local money, but in other countries they have alternative money namely Bitcoin and cryptocurrencies. Of course Bitcoin is becoming very popular today and the transaction value is increasing every year, people in the world prefer Bitcoin as an investment or transaction between countries because it is easier and can be converted into any currency. So we as a world community want a currency that really provides benefits, not one that harms its users.
Post
Topic
Board Altcoin Discussion
Re: Do you invest in new projects?
by
rizqoAD
on 27/11/2021, 07:53:46 UTC
I think this new cryptocurrency project is high risk, but if this new cryptocurrency project is successful then we can get a lot of profit. In my opinion, it is quite difficult to find a good and successful project, because we do not know whether the project will be successful or not, for that you should research the project that you are going to invest in first. Not all new cryptocurrency projects fail but many have succeeded and are now big and becoming flagship cryptocurrencies like BNB. The key is to be careful and do in-depth research when you want to invest in a cryptocurrency project and I think experience will give us a good knowledge of cryptocurrency projects.
Post
Topic
Board Bitcoin Discussion
Re: Reasons for newbies loss in bitcoin
by
rizqoAD
on 27/11/2021, 02:50:14 UTC
I agree with you, Many things affect beginners to lose Bitcoin, beginners usually want to get a quick profit, they are attracted to Bitcoin because they want to get rich quick but in fact Bitcoin investment is not an easy investment. Bitcoin is very volatile so if there is no experience in this business it will be easy to panic when the price of Bitcoin drops very significantly, so what happens is panic selling which results in losses. For that, beginners should learn about the basics of Bitcoin trading, they should understand the risks and volatility of Bitcoin, when they have learned all that, beginners can start trading little by little.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and world conflicts
by
rizqoAD
on 23/11/2021, 12:35:53 UTC
I think the wars going on in these countries can't be stopped with Bitcoin, I don't think Bitcoin can go that far because not everyone likes Bitcoin and Bitcoin wasn't created to prevent war. Bitcoin was created as a solution where current finance no longer provides benefits to the holder, but continues to lose value and Bitcoin is a solution for the world community who wants justice that we are not controlled by bankers, we have the right to choose our own finances. Today we have been able to choose for ourselves a better financial future so that it is hoped that it will prosper the entire world community.
Post
Topic
Board Bitcoin Discussion
Re: Apple CEO Tim Cook invests on Crypto
by
rizqoAD
on 23/11/2021, 02:01:12 UTC
I think that's great news, meaning that more and more people in different countries are interested in cryptocurrencies, such as the CEO of Apple. With his personal point of view, he wants to create his own portfolio so that opportunities for success in the crypto business will open. I think this will be an example for people out there who want to grow their portfolio, I'm sure if there are many people who are interested in crypto world but they don't have a chance to do business here but sooner or later I think they will join.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin run up is coming
by
rizqoAD
on 22/11/2021, 10:27:51 UTC
I agree with you, with inflation in different countries Bitcoin usage will continue to increase in the future.
People already understand that paper money will be abandoned and Bitcoin will become inflation-resistant finance. Inflation has continued since the year it was discovered, the value of paper money continues to decline and inflation is getting bigger, the collapse of paper money is increasingly felt. Bitcoin is the solution to save your wealth before all that happens, Bitcoin will be bullish with unexpected value. For this reason, long term holdings are profitable so what are you waiting for, buy Bitcoin and your fortune will be saved.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as Education Insurance
by
rizqoAD
on 22/11/2021, 02:57:13 UTC
Yes, Bitcoin can be used as educational insurance, besides that there are many other aspects that are greatly helped by the existence of Bitcoin. I think Bitcoin has provided new job opportunities for people who are getting into crypto world, they can take advantage of Bitcoin price fluctuations by trading in the crypto market, this is very helpful for people like me who are looking for part time jobs to earn extra income. income. Of course this will have an increasing economic effect on a country so that it can help the government in overcoming unemployment.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's price, and our mental health.
by
rizqoAD
on 21/11/2021, 15:16:07 UTC
As traders and Bitcoin holders, our mental health is really being tested, because a very sharp decline like now will make us mentally fall and we really have to think clearly so as not to panic sell. When a big loss befalls us, of course we will feel suicidal, especially if the trading capital uses a loan. For those of us who are new to the crypto world of course this often happens, but for experienced people this may be a natural thing, Bitcoin price volatility is unavoidable but we can get through it by staying calm and focusing on trading so that we will get a good opportunity. good. Okay, for profit.
Post
Topic
Board Bitcoin Discussion
Re: What if stop believing about bitcoin ?
by
rizqoAD
on 21/11/2021, 09:37:58 UTC
Bitcoin has no physical, Bitcoin is a digital asset that has a high value so we can benefit from it. Even though Bitcoin is not physical, I have experienced the benefits of Bitcoin and it is real, so I don't think there is any reason not to believe in Bitcoin. Indeed, there are many other investments such as buying physical gold, but I am more interested in Bitcoin because it is easier to store and more profitable than gold. It's all up to you whether you want to believe in Bitcoin or not.
Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: What would you consider living on crypto?
by
rizqoAD
on 21/11/2021, 05:07:29 UTC
⭐ Merited by JayJuanGee (1)
I personally live with Bitcoin and crypto only as an investment or trade, because the high volatility makes Bitcoin unsuitable for use as a payment method. Moreover, in my country Bitcoin cannot be used as a means of payment, but exists only as an investment in a cryptocurrency exchange. Currently every day I am in the crypto world as a full time job where I rely on Bitcoin trading as income so I rely heavily on Bitcoin and cryptocurrencies. Everyone must have a different story because basically we use Bitcoin for needs and jobs for those who want to profit in the crypto business.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's Recent Drop Below $60K Is Not Worrisome, Analyst Says
by
rizqoAD
on 20/11/2021, 17:31:29 UTC
I think any drop in Bitcoin price is nothing to worry about, the fluctuations are frequent and sometimes so significant that it makes new investors sometimes worried. If you are a long-term investor, of course, you have high expectations, I think the price of Bitcoin will continue to rise above $100,000, if there is a decline below $50,000, there is no need to panic, because panic will make you lose. Stay focused on surviving and believe that if Bitcoin is going to go up, you get unexpected profits.
Post
Topic
Board Bitcoin Discussion
Re: What if governments make Bitcoin centralized?
by
rizqoAD
on 20/11/2021, 05:53:53 UTC
Now, many countries around the world are starting to adopt Bitcoin as a legal tender, but many are also against it. A further concern for Bitcoin users is that Bitcoin becomes more controlled if a country can hold the 51% of Bitcoin currently circulating in the market, but achieving that in my opinion is difficult because Bitcoin mining revenue is always halved every 4 years. I think Bitcoin will remain decentralized even though many parties want to control Bitcoin but it will be in vain. Whereas Bitcoin cannot replace fiat because fiat is protected by the regulations of each country so it is impossible for fiat to be replaced by Bitcoin.
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin ever get regulated
by
rizqoAD
on 20/11/2021, 03:12:13 UTC
Bitcoin is a decentralized coin whose number and circulation cannot be regulated as Bitcoin has a limited number of only around 21 million. Indeed, there are several countries that have adopted and legalized Bitcoin, but what the government can regulate is a tax for every transaction. The government cannot regulate the amount and price of Bitcoin itself because it is a decentralized Bitcoin whose price depends on supply and demand, this is what distinguishes Bitcoin from centralized fiat money.