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Showing 20 of 377 results by sebastianpenguen
Post
Topic
Board Economics
Re: Does this mean Cash will be extinct?
by
sebastianpenguen
on 22/04/2018, 17:42:29 UTC
Everything is possible in this life. However, people need their own place of anonymity. Every person sometimes buys a thing (service), which he does not want to advertise. While electronic money will not provide at least some privacy, fiat money will remain popular among ordinary people.

Cash is not to become extinct after cryptocurrency revolution. Cash will stay there forever but there will be many additional payment methods in addition to cash with the development of new platforms.

This is like a technological development, remember old days people were using gold and silver for shopping.
Post
Topic
Board Trading Discussion
Re: did you place all your funds into bitcoin?
by
sebastianpenguen
on 27/03/2018, 17:35:11 UTC
No, I will never ever place all my funds into bitcoin, I strongly prefer to diversify my investment portfolio into many different areas, the crypto-currencies trading market are much more volatile as compared to other traditional investment, so it is safer to trade crypto-currencies with the amount of funds I can afford to lose.

Personally, I didn't put all my money in bitcoin or coins. This would be extremely risky for my money. I distributed them into different sectors.

This is the best option for me.
Post
Topic
Board Speculation (Altcoins)
Re: Invest in Ethereum
by
sebastianpenguen
on 25/02/2018, 14:03:51 UTC
Ethereum is less volatile than other cryptocurrencies. A lot of ICO projects create ERC20 tokens and use ETH blockchain for smart-contracts. While the situation will be the same, price will keep stable. But when some another blockchain networks will be using for ICO, ETH price can quickly drop! 

neo, nem, waves platforms are used on icos and the price of eth is still increasing up.
ethereum is less volatile than new tokens, if you want to invest and expect high returns, better invest on newer coins

NEM is not being used that much. ETH is the only one is being used efficiently in ICO projects. This is the reality which should be accepted by all community of the crypto.
Post
Topic
Board Trading Discussion
Re: Day trade or Hodling
by
sebastianpenguen
on 25/02/2018, 13:48:07 UTC
If you know how to trade in plus, day trading will definitely bring you more profit. The investor's strategy (to buy and store for a long time) will suit those who do not know how to trade or do not do it very well.
Utilize your skills if you have that skills in order to maximize your income.
Day trading always gives a lot of opportunity to us to make money and if we are smart, we do not have to work harder to grow our funds
since trading is always a good answer to achieve our dreams. I tried to develop my skills in trading but I can tell I am not yet good enough so I choose
to hold.

Day trading is more like a random trade compared to holding. You need to enter and exit very quickly as you know. Moving fast is the key of success in day trading and other daily activities.
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Topic
Board Speculation (Altcoins)
Re: Is hodling alts dangerous?
by
sebastianpenguen
on 25/02/2018, 13:38:26 UTC
holding alts are not dangerous if you will study every altcoins that has a posibility to go to the moon,  and what alt coin you will hold, just like what happened on CARDANO, its just like a wild card that goes to 6 (now) on coinmarketcap. when it  was on its peak its on top 2. always remember to read and study. those altcoins will be our backup if bitcoin will drop again just always be careful on what altcoins you will invest.

For sure, there is risk in holding altcoins. But this risk worths holding the coins. It's needed in other word, and if you get profit, the risk of holding would be the supporter of your profit.
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Topic
Board Trading Discussion
Re: How do you deal with loss?
by
sebastianpenguen
on 25/02/2018, 13:29:48 UTC
For now I'm just holding it untill get profit although my investment just a few. Maybe if I have money I will buy back with that coins that I believe they can grow up again. I'm just believe that technology will famous then, so make an investment in crypto I think it's one of the good way
If the crypto market will continue to grow you have a chance to be profitable if you are holding a good coin or token.
Buy back when the market is bleeding because that would give you a cheap price where it can help you to maximize your income the moment you sell.
Always sell with a great price and take advantage when the market is red because the trend will continue, we will be back in a bull market soon.

I just sit on my deska and figure out my previous mistakes in case of a loss. This is good to know what was done mistakenly during my trade positions.
Post
Topic
Board Service Discussion (Altcoins)
Re: What phone apps do you use?
by
sebastianpenguen
on 24/02/2018, 15:10:17 UTC
Generally speaking, Telegram is a very good resource to be aware of all events, as well as the exchange rate. Moreover, there are some versions of applications for different kinds of operating systems. So it makes sense to install them.

For ICO and other TGE things, Telegram is a great one. I get information about the communities via Telegram. I also use other portfolio apps on my phone so that I know what's going on with my coins.
Post
Topic
Board Trading Discussion
Re: I quit trading
by
sebastianpenguen
on 24/02/2018, 14:15:27 UTC
You did great OP, you should invest your money in useful activities, maybe you should start a food restaurant for your family, food never fails, people must eat everyday, I suppose that could be a wise investiment

Investing in food industry in not the object of this thread I guess. If one can't make this trading, he can try to learn more to improve his skills. Leaving or quiting it is not a solution to feel good.
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Topic
Board Speculation (Altcoins)
Re: Is it too late to buy NEO?
by
sebastianpenguen
on 24/02/2018, 13:56:34 UTC
NEO is actually one good altcoin to invest in, just based on its progress since it was listed in some exchanges. And I don't think it is too late for you to buy this coin even if it is around $100 now if you want to go for long term and hold it for a couple more years. I am keeping an eye on this coin too because I feel like this coin has so much great potential which we could also benefit from based on its usage.

NEO is also a good one to invest. It only needs more development for the smart contracts and the other stuff. ICOs are starting on NEO but they're not popular. ETH is a much better option here.
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Topic
Board Trading Discussion
Re: Patience and Holding
by
sebastianpenguen
on 23/02/2018, 23:45:56 UTC
Holding is the best way to get profit from bitcoin specially if we can hold for long term I'm sure we will earn much profit from our investment. Because there is always have up and down the price of all coins in the market so we must really to be patient. So holding and patient is the key if we want get huge profit.
I agree with you sir.This two strategies is the secret ways of the current millionaires of bitcoins.They hold their coins for a long time because they believed that the value of all cryptocurrencies will increase at a high level.And they are correct and they deserved on it.So inorder to be a holder,you must also have patience because without this,you won't be able to reached your goals in life.

Holding them is not an easy task, I wrote this many times in the forum. Only some people can do this because human beings are selfish and they tend to catch the money they make as profit instantly.
Post
Topic
Board Speculation (Altcoins)
Re: Hidden Gems For 100x 2018
by
sebastianpenguen
on 23/02/2018, 23:23:02 UTC
I heard that come paid shillers are suggesting some fake bitcoin forks as a hiddem gem, please beware of this and stay away from those scammy garbages.
Post
Topic
Board Trading Discussion
Re: What to do when prices are falling
by
sebastianpenguen
on 23/02/2018, 23:05:21 UTC
Usually what im doing if the prices is falling in the market i should buy them with the potential to increase and make profit from your buying, or better to hold them and wait the prices will rise it again for more profit.

Calming down is sometimes enough during price crashes. I lived this many times and I surived in any case. Always be calm and control yourself.
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Topic
Board Speculation (Altcoins)
Re: Good time to buy ETH now?
by
sebastianpenguen
on 23/02/2018, 22:54:06 UTC
Hello everybody!
I think that now is a very good time to buy Ethereuma, as it is gaining popularity every day and is owned by a very large number of people! Moreover, today its price has fallen so well, so this is a great chance to buy as much Ethereuma as possible, it will grow!
I think its always a good time to by eth indeed now is the most as we base for the value like few years its raising up and still raising, it woul be better to run through the raised so be with ethereum for now till years as for my prediction ethereum will be more popular, known and more value to come out.

I can't imagine a better time to buy some ethereum. The reason is below.  

1 ETH = 0.08 BTC and this rate is amazingly cheap for ethereum. It was like 1 ETH = 0.14 BTC, 1 month ago. Don't miss this time, I can say.
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Topic
Board Trading Discussion
Re: Trading Tips for Beginners
by
sebastianpenguen
on 22/02/2018, 12:30:37 UTC
Trade in coins that you believe in, so that if the market does tank. You hodl it and wait for it to come back instead of panic sell.

To learn, look for coins that have the potential to go up and buy a coin at a low price then sell at a high price or after earning a profit, start with a small amount first my advice for beginners is to find a good market and observe the movement
It's important to start with a small amount because most likely as we are just newbies we tend to make mistakes.
Be positive all the time and make that mistake as your learning experience as in that way you will grow as a trader, never quit easily, it's a long journey.

I can tell you to make your trade carefully with the money you have. If you go borrow money and trade this, you can have a great loss at the end which will result in failure for your life.
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Topic
Board Speculation (Altcoins)
Re: Will ETH beat BTC someday?
by
sebastianpenguen
on 22/02/2018, 12:23:50 UTC
As far as the future is concern, the possibility of anything happening is always there i.e to say that the possibility of ETH's price hitting/beating bitcoin's price is there as well. ETH has a unique platform that accepts tokens, which is completely different from BTC. And as a result gives it an edge.

Some people still couldn't beware of the value of ETH. When they understand this, it's gonna be much different. ETH's value will inrease dramatically ending up in extreme prices.
Post
Topic
Board Trading Discussion
Re: Fixed income with BTC trading?
by
sebastianpenguen
on 22/02/2018, 12:05:33 UTC
It will be too hard but not so impossible. It will require a huge kind of patience and trust in trading. Some people say that they already left they current job and start depending here, which means that they also think that they can have fixed income in btc.
Yes that's true! The reason why workers on the companies are switching into trading bitcoins/altcoins because they don't want a fixed job and they assume that they will get a good future here than working on a companies, Trading is like gambling you didn't know your profit/loss within a day or month it's not fixed because we didn't know the movement of the market on the other day.

This is all about future price predictions of cryptos. Nothing matters here if the predictions are showing a good future for bitcoin and other cryptos. This is my understanding of market.
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Topic
Board Trading Discussion
Re: Hold or Trade - Which is Better?
by
sebastianpenguen
on 22/02/2018, 11:51:50 UTC
well, both are good but much better is trading where you can get faster profit and holding is also fine but wait is not easy both are fine it needs a good knowledge of trading how it will work just because we can be good or just this we can be poor also so all depends on the knowledge what you have i will go for trading where i can take risk of my life will be fine with me

When there is fluctuation in the market, it's better to trade. Holding doesn't make that much sense in fluctuation times. Trading gives some profit which will make you happy somehow.
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Topic
Board Altcoin Discussion
Re: Altcoins You Think will Grow
by
sebastianpenguen
on 22/02/2018, 11:39:27 UTC
I think that ethereum will grow for the simple reason that it is the blockchain where there are a lot of developer (along with bitcoin) so it is difficult for these developers to start learning a new programming language and developers make the ecosystem.

Ethereum is known by lots of people and it's a great one to be the next big thing on the market by surpassing bitcoin. Bitcoin will be surpassed by ethereum and this is not that far away from now on.
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Topic
Board Trading Discussion
Re: I quit trading
by
sebastianpenguen
on 21/02/2018, 22:48:39 UTC
If you quit now, your recent loss would have been in vain. I think you can rest from trading for awhile and study what happened during your last trade. Being more experienced next time around, you should be able to manage your losses well. Yes, winning is still not 100%, but managing loss is the key to staying longer in the game

Don't leave trading man, never ever... You can always recover your loss and you can earn some money in a bull market. Only analyze the market on your own and trade your coins with respect to this.
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Topic
Board Altcoin Discussion
Re: Do you like airdrops?
by
sebastianpenguen
on 21/02/2018, 21:39:25 UTC
I like airdrops but it looks like the most airdrops are worth nothing. I remember times where one airdrop was worth 5k USD... And now the most airdrops are just worth $2 or something like that.

I see many people are getting something from airdrops. They're good promotion methods to spread the word around people so that projects become much more popular with airdrops.