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Showing 20 of 74 results by royalfamily1000
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Topic
Board Altcoin Discussion
Re: Long-term investment.
by
royalfamily1000
on 12/07/2018, 13:14:53 UTC
How do you feel about long-term investment? Do you see the priorities in this? What do you think is the reason for this? Where to invest in your opinion?

I really feel very comfortable in doing long term investment because we don't need to worry of the daily market price fluctuation and we can rest and sleep tight without worrying of our investment capital since its very trusted.
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Topic
Board Speculation (Altcoins)
Re: Should I stay away from this market?
by
royalfamily1000
on 12/07/2018, 04:51:17 UTC
Another fall is coming, I feel like I can’t hold it anymore.I have lost too much.I really can't hold it anymore.Can anyone give me some advice?

I think you still need another time to hold  because the market is still very weak and selling can't really help you to save your money because your losing too much already all you need is to wait for a good time to happen.
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Board Marketplace
Re: Encouraging People to Stay
by
royalfamily1000
on 11/07/2018, 15:51:00 UTC
Bitcoin is stable for months, what to do?.These are the questions roaming on every topic on this forum so im  helping you decide whether you want to sell it or buy something. Well, im promoting buying so here's why.

You probably have some coins bought when the price is still high, and you want to sell it because you are afraid that it may go deeper and you lose more. These is called the panic sellers which triggers When the value of the coins they are trading or holding pump down. What will happen? You will claim that you defeated and surrender for what we say bear manipulation. You just gave your money to them, you get depressed and you eill post bad news about bitcoin so that a lot people would be discouraged to invest. It doesnt help yourself and doesnt help other people either.

But what if, instead of declaring you lose, you hold your coins until it goes back because we both know that this drop is just temporary and when the value get tired of being low, it will soar high again. Its a winwin situation for us financially and emotionally. Yes , it is depressing until it still low but we know we are not lose until we sell it. More money, lesser stress.

We should take this low value opportunity to buy rather ranting nonsense that wouldnt help. Have a strong heart people.

For now, the only we can do to make crypto market stronger is to encourage some of our friends to invest so that once the market will rise they also earned a good profit.
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Topic
Board Marketplace
Re: Digital Currency Take Over
by
royalfamily1000
on 11/07/2018, 15:23:05 UTC
As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...

I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready.
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Topic
Board Economics
Re: Cryptocurrency or Stock Market?
by
royalfamily1000
on 10/07/2018, 17:24:17 UTC
As we all know, stock market had been there for a very long time now and on the other hand, cryptocurrency is a fast rising trend when it comes to the world of trade and commerce. Some may prefer to invest in crypto because of high returns but some will still go with stock market and play it safe.
In your opinion, what will be the best option to invest your money on?

I prefer investing in cryptocurrency market than stock market exchangebecause its very easy to earn in crypto and the profit is good in short span of time.
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Topic
Board Speculation (Altcoins)
Re: Do I need to sell all alts?
by
royalfamily1000
on 25/06/2018, 13:55:09 UTC
Good day,
 Do you think that BTC is going to reach 20k soon?
 If yes do I need to sell all alts and wait for rising BTC?
 What to do now ? I am confused!!!!
I think you should hold all those alts that are dropping because you can't buy another coins once you selling it in cheaper price so we must be patient to ensure of a good investment return.
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Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
royalfamily1000
on 24/06/2018, 12:22:10 UTC
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

in our country i don't heard that theres a banks offer bitcoin deposits but if ever this will happen its a great help to many investors as this may keep safe our cryptocurrency from any hackers operated world wide.
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Topic
Board Speculation (Altcoins)
Re: Big market crash has started!
by
royalfamily1000
on 23/06/2018, 16:07:13 UTC
It is sad but maybe unavoidable!
The only thing that can save BTC going under 6K is a big Whale buying BTC!
Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion.
If you worried move into Tether and sit it out: Suggestion Only.
2 Billion down as I typed this: It looks real ugly

I think the current crash of cryptocurrency market is the continuation from December 2017 huge drop that until now bitcoin still not recovering and many people are still hoping on it to recover their big losses.
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Topic
Board Bitcoin Discussion
Re: What happens with my crypto when I die?
by
royalfamily1000
on 23/06/2018, 15:03:31 UTC
Silly question right? Smiley
Unless there is a backup method or heritage system it obviously vanishes for eternity, but the point was to discover methods that you are aware for avoiding such risks.

Well, it's not a risk, it's a certainty, but there are other risks of losing access to the crypto account aswell.
Some like:
* death... obviously
* house burns down along with hard wallet
* one can accidently loose his cold storage or hard wallet
* maybe other you figure out and I add them

So, what storage do you use to ensure your savings, or what do you think would be the best solution to overcome these risks?


UPDATE: I started this discusion because I can't see a decentralized solution for that, most of the centralized ones are largely known (wills at layers, online wallets and so on) but do not meet the security criteria as still imply a trusted party. Better simply handover the private key directly to the inheritant IMO.

What I want to determine is if it IS realy a concern for the comunity or not, and if yes than we can contribute all together to the creation of a such product. But again I realy do think it should be built decentralized and trustless.

If the person will the cryptocurrency they own is still very safe as long as the private key to open the account is already give to a trusted family members.
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Topic
Board Speculation (Altcoins)
Re: Time to buy?
by
royalfamily1000
on 22/06/2018, 14:55:02 UTC
Hello what do you think about situation on market? Will price of crypto go up to reach new records or it is going down again?

In my opinion I think buying crypto is not really good for now and it's too risky most especially for bitcoin which with very huge fluctuation of market price, we need to wait patiently until the market will recovering slowly.
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Topic
Board Altcoin Discussion
Re: Leaving Your Job is The Worst Idea
by
royalfamily1000
on 22/06/2018, 14:42:47 UTC
I ever heard that people choose to quit their job for doing some crypto job. Whether it is trading, mining, or bounty. But I think that's the worst idea. Maybe they think that kind job like that can earn many profit but they doesn't looking at the risk and keep do it. Look at the market, they stay red and it will hard to get profit from investing or trading. GPU price is more expensive as well as a lot of capital to be spent when starting mining. Also Bounty Hunter has bad condition right now with too many SCAM ICO which caused some of them just wasted their time and doesn't earn anything.

How they can earn money for daily need if only depends on the crypto?

Leaving our current job is really depends on the income we earn and its stability because if we think crypto can provide us what we need i must quit my job and work full time in crypto.
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Topic
Board Economics
Re: Why the price of bitcoin rapidly going down
by
royalfamily1000
on 22/06/2018, 13:38:37 UTC
I think the rapid dropping of price is due to some people that until now still selling their bitcoin in low price because they want to cut their losses due to continous fluctuation of the almost all cryptocurrency in the world market.
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Topic
Board Speculation (Altcoins)
Re: is ETH very cheap now?
by
royalfamily1000
on 22/06/2018, 12:46:54 UTC
Yes the price is very cheap now due to continous dropping of price although it's benefecial to many people who wants to invest in ethereum but it also creates panic to many people who owns ethereum in their wallet.
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Topic
Board Bounties (Altcoins)
Re: How much money do people make with bounty?
by
royalfamily1000
on 21/06/2018, 14:10:11 UTC
I learned about the bounty and saw this as an opportunity for myself.
I need to learn more to continue this work, looking forward to sharing your experience.
Thank

The money can be earned in bounty is really depends on the effort of the participant because if the participants is really working very hard they can earned unlimited income because there are so many ICOs available that we can apply.
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Board Bitcoin Discussion
Re: why do governments don't make BTC illegal worldwide ?
by
royalfamily1000
on 18/06/2018, 15:19:29 UTC
I think theres no enough reason to make bitcoin illegal but instead the law makers in different countries should pass a law that legalizing the use of bitcoin because this is very useful in terms of investment and as digital currency that used to pay.
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Topic
Board Speculation
Re: Selling bitcoin is a stupid decision ?
by
royalfamily1000
on 17/06/2018, 14:13:37 UTC
Yes, most especially if we are losing too much already, but we have also things to consider most especially if we really needs financial to support other important needs.
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Topic
Board Archival
Re: Bitcoin and global warming
by
royalfamily1000
on 17/06/2018, 11:59:09 UTC
The carbon dioxide pollution caused by BTC mining is almost negligible compared with the traditional industrial carbon dioxide production!
Compared to the exploitation of oil, gold mining, BTC mining is very environmentally friendly!

I think electricity is not really a problem in Bitcoin mining because there are so many invention today that can really help our mother earth and in terms of electricty we can now use solar panels to generate electriciy and you don't need to burned trees or use gasoline that creates smokes.
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Topic
Board Speculation
Re: Will Bitcoin remain dominant
by
royalfamily1000
on 16/06/2018, 15:17:21 UTC
Do you think Bitcoin will remain the most dominant coin both short and long term? Even though it does not remain the most dominant coin, this will not be the same as saying that Bitcoin won’t exist long term.

Yes of course, NO other crypto can beat bitcoin its because when the bitcoin is dropping other cryptocurrency competitor are also falling thats the main reason why bitcoin is still in the top rank.
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Topic
Board Bitcoin Discussion
Re: Crypto currency in five years!
by
royalfamily1000
on 13/06/2018, 13:17:57 UTC
I really believed that crypto will still be available in even more than 20 years but to predict if how much percentage it increases in five years?  it's really hard to predict considering the cryptocurrency market is still fluctuating and we don't know yet when it rise again.
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Topic
Board Speculation
Re: Better Late than Never?
by
royalfamily1000
on 12/06/2018, 06:58:09 UTC
When you invest in encryption last December, it's likely to suffer huge losses, and a complete investment plan is important when you invest, which can effectively reduce the risk.

I think today is still the best time to invest in bitcoin while the market price is still very cheap and you can do hold in long term to make it profitable because this is very effec tive if invested in long term.