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Showing 20 of 27 results by selardkinley
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Topic
Board Economics
Re: Young people will drive Bitcoin adoption more than the older generation.
by
selardkinley
on 12/12/2018, 08:02:49 UTC
I believe that the younger generation is the future of a nation and that is reflected in the spirit of learning, hard work and ambition to move forward. the introduction of the blockchain in the younger generation is rapidly spreading and right on target that causes crypto to grow and advance
It is also one of the fact that the older generations have their permanent jobs and businesses and they are busy with them while the younger generations are searching for the new opportunities and in that way to meet with the crypto market so they learn easily and adopt immediately.
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Board Trading Discussion
Re: are you now afraid to save bitcoin until December 2018
by
selardkinley
on 11/12/2018, 07:59:33 UTC
For the past two days, the price of bitcoin has been dropping sharply and it is expected that it would go down even more in the coming days, so i am a bit confused, can't decide what to do.
No matter how much the price of Bitcoin will drop you have to keep faith on Bitcoin and have not to sell in this down market. If you will sell then you will lose your money and along with that you will also help the price to dump more which will hurt other holders of Bitcoin.
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Topic
Board Altcoin Discussion
Re: Advantages of cryptocurrencies for China
by
selardkinley
on 08/12/2018, 11:44:37 UTC
I definitely see advantages for China, at least in the field of payments. And most likely China will support local blockchain startups.
But right now China has made many restrictions for their nation in the field of crypto which is making them lower than the remaining community. There was a time when China was the king in the crypto community but now they are not like before.
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Board Altcoin Discussion
Re: Which wallet do you use for storing ERC-20 token?
by
selardkinley
on 07/12/2018, 08:08:07 UTC
Yes, I am also quite satisfied with the MEW wallet. Now there are not so many expensive coins to worry about for their safety.
If you are using myetherwallet then you do not have to worry about its security no matter how much higher are the price of your coins as I am seeing this wallet as the best for many users of ethereum and they all are happy with the usage of that.
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Topic
Board Altcoin Discussion
Re: Never regret anything
by
selardkinley
on 06/12/2018, 11:16:57 UTC
Totally agree , you need to be able to tolerate defeat and to go forward , especially now need to take the risk and if you are in drawdown not to razocharovatsya and to go further
Correctly and do not need to dwell on the fact that today all the same is done solely in order to improve their financial condition. I think that the best thing would probably be to just forget and move on, in general, I join your opinion.
We have to keep these things in our minds only to not repeat that mistakes again in our life while if we will continue to regret then we will not be able to move forward and we will not be able to get a success in our further journey.
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Topic
Board Trading Discussion
Re: Are you making money in this bear market?
by
selardkinley
on 24/11/2018, 06:16:52 UTC
Most of us that come into cryptocurrencies trading have this in mind that when bitcoin is in bearish trend we are loosing money and that is why we are seeing thread of loses in this bearish market.  Few know that you can trade usd/bitcoin and make money in this bearish trend all you just need to do is change your analysis from what you are used to to what is happening now and you will make money.
I can still make money in this bear market but I did not earn much. I am still working on bounty campaigns and small investments in ICO projects. But my income is not enough for my living expenses. I think I should stop.
If you are thinking about making money through selling in this market situation, I think that’s bad for you. Prices are down so it will not be profitable. Despite, you better buy more bitcoin if you can.
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Topic
Board Trading Discussion
Re: THE NEXT MARKET MOVEMENT. UP OR DOWN?
by
selardkinley
on 24/11/2018, 05:15:31 UTC
I am still optimistic that BTC will survive and increase, this happened just like last year BTC dropped to touch 3000 $, because the Chinese government banned Bitcoin. Then after that BTC up to 20,000 $, I hope this year will be like last year.
Same here. I am also optimistic about Bitcoin because the gap in the crypto market is still very big and it has been just a decade that Bitcoin has been around which means that it is still far from saturation.
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Topic
Board Speculation
Re: Market's on minimum, time to buy?
by
selardkinley
on 22/11/2018, 10:17:57 UTC
I still think it is a better shot at getting ethereum than bitcoin. Ethereum can go 5 times higher than this and people wouldn't be shocked. Right now it is under 200 dollars and it can reach the 1000 dollar mark and we wouldn't be even at the all time high prices.

We need to go like 10 times higher than current price to break the all time high prices. However, in bitcoin even a 4 times higher than this would mean a all time high and 10 times than this price would mean over 50 thousand dollars which is more than double what the all time high price is. That is why I honestly believe that ethereum has a bigger chance of making you a lot of profit because it is both a great coin and has a lot of uses and many companies started to use its blockchain and also it is incredibly cheap right now.

Eth was a one trick pony with it's ico shitcoin scams that nobody buys anymore, and for damn good reason. Fuck eth, it's heading out of the top 10 just a matter of time.
Hahaha it seems you have some bad memories attached with eth. Buddy its okay if you aren’t making good money from some coin but don’t say shit words for it later. It can harm the image of this coin.
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Topic
Board Speculation
Re: Bitcoin is dead many times!
by
selardkinley
on 22/11/2018, 07:04:08 UTC
Even I have never seen if bitcoin is dead, the price of bitcoin dipped does not mean the bitcoin is dead. Events like this have often happened and it seems that there are still many who are panicking with situations like this that cannot control them not to sell. If we know about the crypto market, then at least we always believe that the crypto market still has the ability to recover and many people remain calm and gain profits when the market recovers.
Nobody ever see bitcoin coming down and become dead even for one single day. Bitcoin always been under heavy fire from it enemies and they are doing propagandas on international level.
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Topic
Board Trading Discussion
Re: So I want to get into trading.
by
selardkinley
on 21/11/2018, 07:51:25 UTC
Very hard to predict the future, but to start trading when all crypto dumped more than 80% will be good times because the price has potential  to going up because the price oversold.  We have to use stop loss in trading because level support can be resistance,  the price of crypto really unpredictable so we have to create better management of risk.

Of course, the risk that you can fail is still very high. However, it is really the truth - the prices of the cryptocurrencies fell a lot. Now, the time of the bull run will come, and the tokens will go up.
To start trading is to set plans, goals, priorities, and most of all is to be prepared. It is important that we are knowledgeable in what we are dealing with. Knowing what to expect, and what tools you need, will help prepare you so your entry into trading goes as smoothly as possible. Acquaint yourself with trading ideas, study the market, consider finances,  and establish your purpose for trading.
This is good that you want to start this new journey but bear in mind that it is not a very easy thing to deal with the entire time only if you do not have good knowledge and a wise mind. So better invest wise and trade wise.
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Topic
Board Economics
Re: blockchain and voting
by
selardkinley
on 20/11/2018, 09:48:29 UTC
Blockchain technology opens up many applications for different fields. We can see that technology helps a lot of fields such as education, culture, education ...
Considering voting couldn't be really corrupted with blockchain than it wouldn't really validate any reason for politicians to use. All politicians all around the world would prefer the crooked system we have right now and try to move that to any direction they feel would benefit them the most, without politicians taking advantage of the loopholes the politics will have to become more legit and honest which is not how politicians work.

That is why I honestly feel like even tho blockchain and voting would have been the perfect combo and would make all voting all around the world amazing it still wouldn't be enough to convince politicians and even the people who support the winning parties would want it, they prefer to bully and cheat their way to the top.
And you know that is why they don’t offer much consideration to legalize bitcoin in their countries. They are afraid of the transparency bitcoin would bring into field and this is really a blockage.
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Topic
Board Trading Discussion
Re: stop loss management
by
selardkinley
on 20/11/2018, 08:13:52 UTC
1. Not Determining your Stop Placement in Advance
2. Placing your Stop Based on Arbitrary Numbers
3. Moving your Stop to Break Even/Marginal Profit ASAP
5. Never Moving your Stop

Managing the loss is a very important in cryptocurrency because if you do not know how to manage the loss in the business, it is useless how good you invest and have knowledge about the technology you are dealing in.
It is not some sought of prediction but the sign of a good businessman is that he will have insight about the possible rise in the portfolio in a particular interval of time given good market condition so it should not be based on arbitrary numbers.
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Topic
Board Speculation (Altcoins)
Re: 2018 Crypto predictions
by
selardkinley
on 19/11/2018, 13:32:18 UTC
It's nearing the end of the year, cryptocurrency is even more destroyed because now there are many crashes and now many people have lost their hopes for cryptocurrency by 2018
And who said that cryptocurrency must surge in the end of the year. Rime has nothing to do with the money market and it is only the invisible hand force that operates and makes things good or worst.
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Board Trading Discussion
Re: Defining Risk
by
selardkinley
on 17/11/2018, 08:03:09 UTC
determining such risks is indeed very confusing and I also use spreadsheets and it's a bit very profitable, but here I don't want to share my spreadsheets.
Risk is the presence of an element of uncertainty that is contradicting with your expected outcome of investment. It is a function of many factors and could be greatly reduced as well.
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Topic
Board Speculation
Re: Bitcoin is about to collapse this week
by
selardkinley
on 17/11/2018, 07:05:25 UTC
He was right after all.
Hashanah and like now, you seem quite wrong. You are on wrong path man. Bitcoin would never collapse down in this year or even in coming few decades. It has long life to live.
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Topic
Board Economics
Re: Banks must adopt new technologies to survive an ongoing “extinction phase”
by
selardkinley
on 16/11/2018, 07:59:05 UTC
When you think all banks around the world with adopt blockchain technology? Or this will not happen too soon?
Banks are very prone to getting hurt by the crisis and can not really do something good to shield them selves. Though upgrading the system to crypto might solve some problems.
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Topic
Board Trading Discussion
Re: How to learn trading?
by
selardkinley
on 16/11/2018, 07:00:08 UTC
To learn how to trade well, I recommend that you pay a teacher who has a lot of experience. On YouTube you can find the person that you think is a professional and you want to learn from him. If you try trading by yourself you will lose more money than if you would learn from a professional
In such case a teacher can help you a lot. He might have good experience so use it. Ask him different scenarios and questions and he will make you understand how things work in better way.
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Topic
Board Marketplace
Re: what are the things to consider when looking for a good exchange?
by
selardkinley
on 10/11/2018, 07:41:22 UTC
I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
Since you have already got all those exchanges why still looking for me? And by the way you’re trading on too much exchanges, if I were you, two or three is enough cause there is no need to be trading a lot of exchanges. Just choose the one that suits you better and works for you, the one you’re very sure is reliable. If you’re trading with many you will be confusing yourself. And if you keep on jumping from one exchange to the other you might end up on an exchange that will turn out later to be scam and lose your money.
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Topic
Board Economics
Re: Big institutional money has yet to enter the field.
by
selardkinley
on 09/11/2018, 11:09:29 UTC
you should just know for yourself what you are investing in coins for, so there will be a General picture

I am not too sure if they will be capable of getting in neither. Not at these volumes they will not. They are basically waiting for the volume to be high enough that they can enter without causing a price fluctuation. Right now if couple banks with couple billions gets in and than you will have bitcoin moving up like crazy and swing one way to another like a ship on a big wave.

However they can't afford a risk like that, it is not in the nature of banks to get into risky stuff they can't control, if they can control the risk it is fine by them (look at the big mortgage crisis in 08) however bitcoin is out of their reach and can't be controlled and if they get in with billions and try to get out the more likely outcome will be a loss for them and a crippling market for all of us.
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Topic
Board Economics
Re: Government should implement blockchain technology to prevent corruption.
by
selardkinley
on 08/11/2018, 11:08:45 UTC
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?
I don’t think there is any need for government to implement Blockchain to be able to find out when money are being stolen or where the country’s money is going into. It’s even easier to detect that with banks and know where exactly the money has gone into and fish out the people involved, although I do know that Blockchain is easy too.

But why I said it’s easier with bank is because they have information of everything, including location of account users and other information about them. But with Blockchain you just see the address and you don’t know who owns it. The truth is that the government it self is corrupt.