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Showing 20 of 80 results by therwtonn
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Board Economics
Re: Using credit cards to buy bitcoin in the bull run
by
therwtonn
on 27/06/2019, 11:45:06 UTC
I think you can make use of any credit cards or debit cards to make purchase of Bitcoin from any crypto exchange of your choice. But I have never done such a thing before cause I'm trying to be very careful. I don't want to leave traces that shows that I'm buying and selling Bitcoin in any way. So I make use of local exchanges, I pay them and they send the Bitcoin direct to my crypto wallet. Whenever I want to sell my Bitcoin I also do the same, I go to a local exchange and I sell my Bitcoin to them and they make payments to my bank account. That way the bank will think it's just a normal transaction. But you know what's safe in your country, just do that.
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Board Altcoin Discussion
Re: Is Facebook and JP Morgan's new coins bad for Cryptocurrencies?
by
therwtonn
on 21/06/2019, 10:29:17 UTC
Well, with all these big companies getting involved in cryptocurrency means that they are going to help the crypto community grow, but don't think that these people are doing it for the crypto community, no they are not, cause they are doing it for themselves. No one is ever going to invest their time in a place where they are not making profit (okay there are people who do selfless jobs. But not all these big companies, they all seek their own personal gains). They are only going to promote their own coins and get people to make use of it and attract investors to their platform so that they can grow and make lots of money. They are just in competition with each other and we are just like the pawns.
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Topic
Board Economics
Re: Central Bank of Crypto-Currency
by
therwtonn
on 01/12/2018, 07:46:40 UTC
Creating a Central Bank of Crypto-currency may no longer sound ridiculous as we are now having a number of countries coming up with some sort of mass application of the technology, the latest is from India, which reportedly ban cryptos, but recent report states that they are considering having a Bank of crypto, Ruppies-backed, Central bank digital currencies CDDC.
Are these really positive news for the crypto-market?

https://cointelegraph.com/news/reserve-bank-of-india-confirms-it-is-looking-into-making-a-central-bank-digital-currency
What you just said is not an enough reason for anyone to be talking about central bank of cryptocurrency. And by the way, what the heck is central bank of cryptocurrency? Why do we even need bank for cryptocurrency, wallets can already do the jobs. Cryptocurrency wasn’t meant to be kept in the bank, its for you to keep it by yourself. Cryptocurrency puts people in charge of their money, you save it yourself and you use it anyway you like..
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Topic
Board Speculation (Altcoins)
Re: Do you always invest in top ranked coins?
by
therwtonn
on 01/12/2018, 07:15:44 UTC
I continue to invest almost all my money in the purchase of reliable cryptocurrencies. I distribute my investments to buy the best cryptocurrency. I am fully confident that this is the safest and most efficient way to distribute my investments. But also I invest about 5% of my money in not the most famous coins.
because you want to invest in a safe coin, then the decision to choose a top-ranking coin is the right choice, but in fact such coins have some disadvantages, namely their high value and not too striking growth because they are sufficiently developed. but if the bottom-ranked coin can usually jump up very high. so I invest 50% on each.
But the problem is that we do not know that the bottom coins will make that much development as many of them have full chances to die off sooner from the market. Many of the developers of these projects also lose their faith on their own projects while those which have a good ranking do not lose in the market.
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Topic
Board Economics
Re: harmonization of fiat and crypto
by
therwtonn
on 17/11/2018, 07:27:06 UTC
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.

FIAT and crypto could collaborate, there no way that people will immediately thrown FIAT away to be replaced by crypto. There's a lot of things to be considered first.
I think they can go side by side with harmony but only in the countries which are developed and there is big contradiction about this in underdeveloped countries. However, it would both encourage crypto use and reduce the use of fiat.

Post
Topic
Board Economics
Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price?
by
therwtonn
on 22/10/2018, 12:07:15 UTC
So many crypto currencies are coming UP . They are much cheaper  than Bitcoin for now. It is so hard to decide  which to buy . Some are in good promos, to buy or invest to it while it is cheaper and sell when the price Will getting high. Is it a good idea to buy while we can not afford yet Bitcoin?

It is always the best time every time its value get dump whether bitcoin or crypto. We must always remember also that traders in crypto are taking action every time there is a movement happen in its price value of the token in the market. This is how the traders taking action in every exchange platform for them to have profit whether they apply day trade or long term trading.
In my view the best crypto cheap crypto in the market now a day is Ripple. The price of Ripple is less than $1 and you can buy big quantity for ripple with small amount. The market cap of Ripple is increasing day by day and if you buy ripple today, you will the richest person of your community tomorrow. Don’t be panic and invest I Ripple because it is fast growing crypto.
The fact that the price of ripple is less than one dollar is not really important, because it's market cap is huge, besides there are many people like me that do not really like ripple because as we know that coin has very close ties with banks, and if you know anything about cryptocurrencies you should know that we do not want to have anything to deal with those institutions.
right, you can say ripple like semi decentralization, as you explain. even though the marketcap is indeed big, and it ever shift ethereum at second rank. like me, i don't like this coin
dont be like that man, you should not like and dislike any coins in market.maybe someday this coins could give you some profit if you invest your money into it.as long as it give us profit dont b felt like that.
Yeah you can buy cheaper coins for making money in the future but for that you will have to wait for long because low price coins will take long time to grow high and give you good profit. If you can invest in bitcoin, although the price is very high compare to Altcoin and very risky but it is a fact that it will give you big money in the near future. The rest is your choice.
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Topic
Board Marketplace
Re: Trading, campaigns, gambling or mining?
by
therwtonn
on 22/10/2018, 10:54:47 UTC
Which one would you prefer or best to earn? As far as i have come across, crypto is the best platform to have good earnings. We have many who have a good experience on it and still into it without a regular job. Many have left their main job after experiencing double income from crypto. Many have become millionaire and have changed their lifestyles. Which one would be the best to have good crypto earnings?

If you know everything about in trading, like in reading the candle stick, margin, etc. well then, it is really much good to do trade in the market than doing bounty, gambling and mining. Because in trading you can earn instantly in a day. This would depend on your tactics of course, especially if your in the platform already.
In my opinion campaigns are good than all other sources of making money, because it is free. You do not need to invest your own money. You can make coins for free. But keep in mind that it is time consuming. You will have to give more time to campaigns, upgrade your rank and try to get some projects. If you find signature campaign you will make huge profits.

bear in mind that not all campaigns are worth your time, recently we see so many bounty campaigns paying in token but once you get nothing because the token is not really valuable. Even worst you may participate in a project which turn to be a scam project, in this case you are not earning any money instead of just helping the project to scam investors. So always be careful!
I will prefer campaigns because you do not need any investment for making money in bounty or signature campaigns. You need to give time as much as you can, upgrade your rank and get in some projects. When you join campaign and find some good projects you will earn coins for free and the good thing is this that you will be mentally relaxed and no tension for losing money.
I would prefer trading and campaigns, because trading is short time investment and you can earn money on daily basis, while campaign needs time but no investment. You can make handsome money without any investment. The price goes up or downs, would not affect you because you have not invested any money. With decreasing price only your profit will reduce little bit. There is no loss for campaigners.
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Topic
Board Altcoin Discussion
Re: There is no need to panic!!!!!
by
therwtonn
on 20/10/2018, 11:50:52 UTC
Of course, soon the blockchain technology will be adopted by state structures for the registration of citizens and those close to them at work. I think that this will happen within 10-15 years.
Yeah you are right we will see blockchain soon in our lives and it will help us almost in every field of life. Blockchain will bring new innovations in our lives and we will feel a different world with blockchain technology. Cryptocurrency will also prevail in the world with the help of this technology and may we enjoy cashless markets in the near future.
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Board Trading Discussion
Re: What makes a successful trader, not a gambler?
by
therwtonn
on 19/10/2018, 12:08:31 UTC
Gambling can be the major reason for a trader not to success in the field. Even in investment, doing gambling too can put your crypto assets in jeopardy. For me, you should have to focus on what is right because once you will mismanaged your assets, you will end up a loser.
You are right and if you think about the consequences of gambling you will understand that gambling is better or trading. In gambling there is no success and you want to be successful you should focus on trading. Cryptocurrency trading is one of the best sources of making money in less time. In gambling you will lose your hard earn money in short time.
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Topic
Board Speculation (Altcoins)
Re: Will Ethereum prices disappoint you again?
by
therwtonn
on 18/10/2018, 12:56:03 UTC
Yes, of course ethereum's price for now is still disappointing, there is nothing we can do but be patient and wait for ethereum prices to rise again, still have to be sure and optimistic that ethereum will rise again
You are right. Ethereum is also not increasing and the reason is that bitcoin is not increasing. It is natural that when the price of bitcoin increases Altcoin prices also increases and when bitcoin falls other all decreases. The main thing is that the investment capital of Ethereum is not increasing and due to low investment the price is not rising and this is very disappointing.
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Topic
Board Trading Discussion
Re: Paying for education
by
therwtonn
on 18/10/2018, 06:46:59 UTC
Learning is something that you will do for the  rest of our lives.  We learn every day more so in cryptocurrency trading.  I have decided to see my loss as some payment I need to make for learning new experience!
Paying less for education is mandatory for gaining much in your future. Those who are well trained and have complete knowledge will be more successful than those who have knowledge about the market they have invested. If you spend some time with a trading expert you can learn lots of thing about crypto trading and will become a successful trader in the future.
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Topic
Board Altcoin Discussion
Re: ICO Investments Why Risky?
by
therwtonn
on 17/10/2018, 12:36:15 UTC
I think we are still able to find good ICO projects, we must do so much research enough for it. Unfortunately, good projects are badly affected by scam projects.
Yeah you are right scammers are everywhere in the world and they want to collect money in illegal means and for that they announce scam project and loot innocent investors. No doubt there are still many good and authentic projects in which we can invest our money without fear of losing but for that we will have to check the credibility of project manager.
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Topic
Board Altcoin Discussion
Re: Stop panicking start believing!
by
therwtonn
on 17/10/2018, 11:22:20 UTC
I think in one year or two years we will definitely see a price of $ 20,000 for Bitcoin. I think that it is necessary to invest in different projects !!!
Panic is not in favor of investors. Crypto investors should be patient and cool and believe in their investment. No doubt they will make huge profits in the future. Don’t be panic otherwise you will not be able to make any profit from crypto investment. This time the market is red but this situation will come to an end soon and you will get a chance of making money.
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Topic
Board Trading Discussion
Re: When to get in and get out in Bear/Bull Markets
by
therwtonn
on 17/10/2018, 09:45:44 UTC
I actually think you might need a long time to understand this. Understanding the start and end of bear/bull markets is not really that easy and once we claim to understand it we can stay out of risk of loosing our funds in a dump.
peoples usually try to understand these markets and they consume a more than predictable time which than makes them bear the losses and consequences.

Bitcoin markets are much unstable and also are not that trustworthy. They can anytime move up or move down which can give us a major loss. Even if we are an hour late, we can see the price reaching the dip. This usually demotivates most of the traders and they get afraid of the bear/bull markets.
In my opinion when you realize that cryptocurrency is the future currency and is important to have some not only for making money but for general use and also understand the benefits of it, you should enter into crypto because for survival it is necessary to adopt the new technology and stand shoulder to shoulder with the world for success.
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Topic
Board Trading Discussion
Re: Trading by follow signals. Is it good?
by
therwtonn
on 16/10/2018, 07:24:08 UTC
Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion?
I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it.
Thanks  Grin

Following a trade signal is not that bad if you know what you are doing and if you really don't want to learn anything from trading.
In my opinion it is not good because signals sometimes can be wrong. You should do your own analysis of the market and make your decision according to your analysis. In these days there are no green signals and if somebody told you that the market is green as I heard many times before, will you believe them? Following wrong signals means losing your money
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Topic
Board Economics
Re: LETS KICK OUT POVERTY USING BITCOIN
by
therwtonn
on 15/10/2018, 10:37:47 UTC
I would like to differ on some points. Currently BTC sits at a little over $6.5k. These days mining costs a lot and you must have that affordability to own a mine. A lot of people around the globe live under extreme proverty and investment in the market is plain luxury they can't afford. Crypto has brought changes in so many of our lives but it is yet to bring any in them who are extremely poor.

The problem is this that poor people are unaware of cryptocurrency and not for them. If you think that we can help poorer through bitcoin, it will be just a joke. If you really want to help the poorer then why with bitcoin. Why you not help them in your local currency. If you think that the economic conditions of a country would be better with the use of bitcoin, you may be right but it is not beneficial for poorer.



The best part of bitcoin is that it doesn't stop anyone from utilizing it,  like internet or a radio. It has no limitations to its implementation.

I know you're positiveness and optimism on how to solve out poverty but I would say that Bitcoin wont really be enough.Why? due to resources on making people aware on its existence.For people who do have the idea or knowledge then it would be an advantage but mostly aren't capable. Those points above are indeed true but wont really be applied if the user itself wont able to utilize such feature.
I totally agree with you. Bitcoin is not enough for reducing poverty of a country. There are many reasons and the big reason is that if we prevail biotin in the world poor people would not be able to take advantage of it.
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Topic
Board Speculation
Re: bitcoin and decreases in 2017 and 2018.
by
therwtonn
on 14/10/2018, 07:38:57 UTC
Every year is victorious for bitcoin as long as it gets developed and globally adopted more and more every year, regardless of price.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

It doesn't work that way. For BTC to drop from $6500 to $500, it would take another 171.42% decrease. The chances of that happening is extremely slim in my opinion.
Bitcoin's victory is a victory for investors, and bitcoin users. I realize that every year bitcoin always increases for the better, but when bitcoin falls drastically from $ 20K and now bitcoin price only $ 6K, I think it's not a victory for some investors.
What do you think? How do you think about investors who buy when $ 20K?

I always believe that bitcoin can fall to hundreds of dollars again.
I would like to also put another thing into conversation by saying that this was considered a bear run for the past 10 months so I understand why the person is afraid that another fall in the price like this would cripple the economy of bitcoin and we would be all crying however even tho having another decrease like this looks impossible and everyone laughs at him, noone points out one mistake in his logic.

The price was around 3-4k than increased to 20k and than dropped back to 6k levels, which means price could increase from 6k to 42k and than drop to 12k again if everything happened all over again. There was increase before that drop as well, don't forget that.
In my opinion if the price increased due to the market cap it would be the same as it is today, but unfortunately there was a huge bump in the price in the last year and people become addict of such bumps. Now the price is normal again but people still want huge bumps like the previous one, rather there will be no such bumps in the price anymore in the future.
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Topic
Board Speculation
Re: how about bitcoin of this year ?
by
therwtonn
on 13/10/2018, 13:54:31 UTC
I don't expect too much for the raise of bitcoin in the end of this year. The price movement seems very slow, instead it sometimes drops. Bitcoin rate is always around $6,000. Based on this fact, the possibility to increase up to $10,000 is rather hard. I predict it just can reach up to $7,500.
The good part is after all this stagnancy and after all this bear market followed by nothingness there are still people who are interested in it. Look at this topic for example, it was created on october third and right now it is october the 12th and we are already breaking 5th page on this topic.

If people keep this interest up high for bitcoin and crypto in general there is no reason why the bull won't be around the corner. Thankfully these drops showed us that the market is not high on volume these days which means when someone sells a lot of crypto the price drops which is bad however the good side if anyone purchases bitcoin in bulk we will see a huge increase in price.
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Board Marketplace
Re: What kind of growth would last? Quick growth or slow and steady growth?
by
therwtonn
on 11/10/2018, 11:59:23 UTC
We have reached a stable stage where supply and demand stabilize at a given price of $ 6,500. The highest rate will be at $ 7,500 and a low cost at $ 5500.
I do not expect this approach to change so we may maintain this price for several months.
After significant changes such as the lightning network, regulations, mutual acceptance of these currencies, prices will change significantly.



Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year.
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Board Speculation
Re: Current BTC price below 8K
by
therwtonn
on 10/10/2018, 12:02:43 UTC
Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?
I think the market for this year is not good enough to rise the price of bitcoin to as high as $10k before the year end as those investors are selling their coins for short profits and no sign of good news that can ignite the market to a bullish.

Till now it has being a falling market in this year and we do expect some good movement to happen in this last quarter. If you consider last year as well it was almost same like this year and the rise happened was in last quarter. If we can see some 50% growth as well from the current levels we should see 10k easily in this year .

Well, welcome to 2018! The year of the bears. The bulls had their own swell time last year, so I guess we just have to allow bears to also have theirs and maybe next year, we experience some level of equilibrium which should bring about some long period of consolidation and may be by 2020 we can start seeing another huge growth. ETF does not have anything to do with all these, the market is in a downtrend corrective state after the last year greed and manipulations, and i guess people should live with that.
If we observe the whole year of 2018 we will find that it is overall not good for bitcoin and crypto for the whole. It is because the huge dip in the price in the start of this year. Now people afraid of losing their money, that why they do not take risk of crypto investment. Still thousands of people are looking for big bump in the price so that they would recover their deficits.