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Showing 20 of 195 results by shashikamal
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Board Bitcoin Discussion
Re: Will bitcoin in Southeast Asia be legal?
by
shashikamal
on 06/10/2018, 11:00:45 UTC
Due to higher level of fluctuation & lack of infrastructure for crypto in the countries would have impact to legalize crypto or to bring to the practical level. But the adoption cannot be neglected as many developed countries have taken steps to build crypto eco system in their countries.  We cannot expect such a move by many governments but with the booming crypto world it has potential to take steps up to some extend withing next 5 years. Blockchain technology will be used for many purposes in daily life in many parts of the world where the other countries should follow them. But wait for it patiently.
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Board Bitcoin Discussion
Re: I went bankrupt when I joined in cryptocurrency
by
shashikamal
on 02/10/2018, 21:11:57 UTC
After reading it till the end he has given some suggestions, his mistakes as a advice for others. This is what happens when you are not proficient enough of what you are doing. He says that he was profitable but not sell them listening to others. This is lack of home work & basic theory of being greedy while you are witnessing a huge green candle. People are fallen in unrealistic trends in a minute where they need education. Studying in schools for 12 or 13 years to be eligible to come as a complete personality. But in investments? Where are we? Due to failure of a wrong practice we shouldn't underestimate the value of the Crypto Currencies. Don't be a trap of others. Learn well before doing anything.
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Board Trading Discussion
Re: Newbie should trade or not? Please give me idea.
by
shashikamal
on 02/10/2018, 20:51:21 UTC
We can advice you, But you are the one to practice it, to do it. Your investment is your wealth. If you had invested four months back now you are more than 50% low level than at the investment. If you do trade as a noob with this uncertain market, you will end up with disappointments. Use internet, use this forum itself to study. Study well first. Try practicing the trading skills with stop loss thoroughly. Don't put all your money for one trade. Split it. These are general rules. Be patience at all times. If you are capable of surviving your daily expenses try to trade 20% from your previous investment. Keep in mind that market direction is strictly bound to BTC price movements. Keep your eyes open.
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Board Bitcoin Discussion
Re: Digital money or virtual currency?
by
shashikamal
on 30/09/2018, 21:07:13 UTC
Here is the same too. But a lot of positives are behind but the time matters & when the authorities will be realized the importance of this innovation. No one can denied the importance & efficiency level of blockchain technology. Suppose a world with a smart phone doing transactions to any parts of the world without interfering any third party, can improve the effectiveness of all daily duties of the people. Practical use cases are still on study for betterment of the community. Digital money is the future by any means. Let's wait till Bull run comes.
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Topic
Board Bitcoin Discussion
Re: Will bitcoin in Southeast Asia be legal?
by
shashikamal
on 30/09/2018, 20:56:30 UTC
Though it is not legalized in many parts of Asia mainly, Crypto shout is higher than some developed & crypto supported countries. Many users of Crypto & Investors are there from these parts. Generally we may not see a jump from the governments to legalize or regularize the Crypto space. But even governments cannot denied the importance of these amazing blockchain backed crypto & the services can be obtained from it. It is not in our hands but it should happen in any way. It is better to collect some BITCOIN as much as possible.
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Topic
Board Speculation (Altcoins)
Re: Invest in ICO this time, yes or no?
by
shashikamal
on 30/09/2018, 10:12:32 UTC
Investing in ICOs with these market conditions is not advisable. On the other hand some investors are filling the bags with all good ICO projects & hold for long term. This is how the way you think. If the intentions are to earn some extra money this time is not the perfect time. Long term holdings will pay you a good return. But ICOs in next year or two could be worth. Need to act according to the market conditions. After all scams & Hypes of some ICOs cause investors to loose their money. If you are financially strong enough, Buy in dip some good project which is in the market already.
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Board Trading Discussion
Re: SECRET OF TRADING
by
shashikamal
on 30/09/2018, 09:32:31 UTC
Those who needs to join newly for trades mostly news readers & most of them attract to crypto space expecting everyday money. This is where they get mistaken. If money is the first target this won't work for noobs. Trading needs a lot of practice, Patience, stick to certain trading theory & practice & desire to learn from mistakes. Once anyone equipped with those qualities can build a trading as a career. Do mistakes but learn from it. Don't be greedy in the market. These are not just words. Theories which developed by many expert traders. Why learning is important at the beginning to avoid mistakes & earn well in the future.
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Topic
Board Bitcoin Discussion
Re: Why is Bitcoin more worth than other cryptocurrencies that have better specs?
by
shashikamal
on 30/09/2018, 09:07:51 UTC
BITCOIN is the inception of it's kind of Crypto currency lying on blockchain, numerous reasons behind & the whole world were amazed by the concept & how the world could be changed due to Blokchain. Bitcoin is the first use of it as currency. same time world realized that BTC is a currency & Payment gateway which solves most of problems in financial sector. Even a poorest can use BTC for buying some stuff for daily needs  when the concept is developed & comes in the practical level. As a asset it is adopted & supported by many experts, Tech companies, Researching institutes etc. Still ALTS cannot replace BTC as a asset with level & amount of adoption by the world.
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Topic
Board Bitcoin Discussion
Re: I bought bitcoin at $20k last year
by
shashikamal
on 29/09/2018, 19:23:03 UTC
Feel sorry but the lesson that you have learned is worth more than what you lost. Always study well & apply it practically as you are in highly volatile crypto space. Psychologically most of the people are fail in these markets same like you. If you can survive these difficult times, you can still recover your loss & gain profit by holding & doing trades. Use money management skills & collect more BTC as much as possible. Do small trades to collect more BTC. Technically BTC has to go beyond this bottom & collect some if you are financially strong. Remember stick to good trading practices.
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Board Trading Discussion
Re: When will the bull market start?
by
shashikamal
on 29/09/2018, 19:00:21 UTC
First of all we should understand that no one can predict an exact time of market fluctuations. But the market has these fluctuations always as well as manipulations, Technically market will be in a down trend & we can expect a dip again. Better have some spare money always to invest in  good coins if you are planning for long term. Short trades are not advisable in this market condition but it is totally depends on your skill set with emotional battle. If you are planning for long term investment wait for sometime to fill up your bags. Good luck.
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Board Trading Discussion
Re: Is there a required amount before you start trading?
by
shashikamal
on 28/09/2018, 19:27:50 UTC
Basically we invest expecting a profit. Obviously if we have considerable amount the ratio of the profit will be higher. But the amount of investment depends on your financial strength. For a small scale investor could be better to start with at least $100. If you start the field with your home work you can succeed. If money comes as first goal it is always difficult to survive in this field. Learning is the best Earning as i have experienced in this crypto space. Also do not set a monthly income target at the beginning but improve your skill set which will give you more benefits in the future.
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Board Beginners & Help
Re: Please suggest how token rate increase and decrease
by
shashikamal
on 28/09/2018, 18:20:36 UTC
As i understand there can be specific & a few reasons behind it. If a supply is law there is a possibility to to rise the price of a token. Supply & demand has a effect too. If more demand on a coin can give a spike of the coin price. Strong news, updates & developments of the project by the company is a hint for price hike. Apart from all this total market is depend on BTC movements. When BTC is on the go all the other ALTS are increasing parallel & decreasing when BTC is at down trend. Whales too can manipulate the price at some stages. Government or global rules can  effect for the price as well. So there are many reasons. But these price actions are important facts to be considered if you are particularly a trader. Don't chase for the price movements. It's uncontrollable.
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Board Beginners & Help
Re: How do I get bitcoins?
by
shashikamal
on 23/09/2018, 17:06:32 UTC
You can get bitcoin by using sites who sells Bitcoin online like sex.com. But should support to your geographical area to buy using your VISA cards. Localbitcoins.com or trusted local sellers are good options to buy bitcoins. You can offer some of your service like social media promoting to ICO projects & can earn crypto coins. Then exchange in to BTC.

Bitcoin is popular as a investment method with high volatility. You can trade, exchange BTC instead Fiat currency like US dollars. These are basics. when you deal with VISA or any cards there a intermediate & they take a commission or fare to do it & handles by them with limitations & restrictions. In crypto there is no intermediate like that. You can directly transfer to receiver without any intermediate & commission to them. BTC will solve a lot of problems of these busy world by a click from your smart phone. As a method of investment you can buy bitcoin in when in dip & hold for long term to take profit.
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Board Bitcoin Discussion
Re: Future payment methods of bitcoin and crypto
by
shashikamal
on 23/09/2018, 16:43:22 UTC
BITCOIN in not only a digital asset considered as a currency, as well as a payment gateway. Since it's obstacles with security, High volatility etc, governments are not yet legalized & regularized Bitcoin as a currency & payment gateway but using currently by service providers all over the world. To adopt by mass community BTC has to be regularized & legalized as believes by many. We can see many moves happens in the crypto space hints that we are at hand of intangible currency market. Major renowned universities are conducting many courses about blockchain as they have found the importance of this field. This is the future. I strongly support with whom stand with this decision. But don't put all your eggs in one bag.
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Board Bitcoin Discussion
Re: INVEST AND DON'T HAVE REGRETS !!
by
shashikamal
on 23/09/2018, 16:24:59 UTC
It's a great writing with a mountain of understanding of the crypto space & practice. Those who can adopt for the new technologies at earlier stages like internet does in early 90's can earn money in smart way. Crypto is a way to earn money in a smart way with patience. As explained, there is a risk involved in each & every investment. Many businesses starts & close down with loses. Jobs has it's own risks. Even life has involved risk all the time. Same here in crypto space. But if you are step forward & assume the future trends which will be bigger in mass adoption, you are smart. In that case who is in the crypto space holds immense smart income opportunity. Yes Crypto has the grounds for many problems in the financial sector & many other use cases like medical field. I strongly stands with your opinion & still invest a amount which can afford to loose. 
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Board Trading Discussion
Re: Voted best trading platform
by
shashikamal
on 23/09/2018, 15:40:13 UTC
As you have already tested with Binance & it is the best place for a new bee as well as professional investor. Binance is the best exchange by volume with listing of many new coins & pairs. They have announced for FIAT exchange in the future & you can see the feature already in the site. A lot of people recommend Binance exchange for new bees as it is user friendly & for day traders the volume of particular coins are very high which can make you smart amount of money. Be careful if you are not experienced in trading. One more point that you should know, must have few accounts on few most famous exchanges for use in the future & do not store all your coins in exchanges.
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Topic
Board Speculation (Altcoins)
Re: Buy or Not
by
shashikamal
on 23/09/2018, 04:01:36 UTC
Price of a coin is important if you are holding coin for sometime but for trading it is not important even in a red market. The best strategy in your case should be money management skills. It depends on how much money you afford to loose. Always put 10% of your savings or your spare savings which will not trouble your routine. Then you are safe. Your skill & practice for trading is the main fact to get a profit from a trading. If you have good source of news, inside information of particular coins, Market movements & patience. you are almost done & always try to book small profits as end of the day it will give you some smart amount of money just by being patience.
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Topic
Board Trading Discussion
Re: Suggestion for trading
by
shashikamal
on 22/09/2018, 17:11:21 UTC
The first thing is your knowledge on trading. Sometimes luck keeps you in great position. But not always. Money management is one of the most vital factors that many don't do. If you invest a huge amount of money in a highly fluctuation field like Crypto you will be ending up with huge loss or disappointment. If you are able to hold for long term there was a time to buy some alts. even in the near future market will be down. Collect some good top 10 or 15 coins for about one or two years. If you do day trading book your profit from 5% -10% has no much movement in these days. Avoid emotions & stick to theory you learnt. Don't brake the theory with emotion. Good luck. 
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Board Trading Discussion
Re: Too many new Exchanges
by
shashikamal
on 22/09/2018, 15:59:43 UTC
As we faced many ICOs were scams & non real use cases, ICOs were under severe restrictions & problems. Many regulations were imposed by governments. Due to bad reputation of new ICOs coming up, genuine projects were in a red line too. This is what i felt for last one or two years. Same issue for exchanges as well. there are many ICOs bringing up with exchange feature & some are operating, giving free coins etc. But how you can believe them? what is the guarantee for our investments? It's a new way of scamming as i feel. We don't want to put all new exchanges under this label but it's better be careful & not to use new exchanges much unless they are genuine.
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Topic
Board Trading Discussion
Re: How has your experience been with Binance?
by
shashikamal
on 22/09/2018, 15:51:37 UTC
Binance has good team behind & surpassed many exchanges by volume & their range of coins & pair of currencies are interested. Very helpful for new comers. New good coins has been listed continuously & has been one of the favorites of many ICOs as well as users. Back end working for real experience to attract new users & very familiar to use.  I feel they do a good job & getting credited by the users. Personally i haven't faced any of issues comparing to other exchanges. It's use friendly, has more coins & withdrawal limits are satisfied to new users. As per my experience i recommend it though i heard some issues with some people.