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Showing 7 of 7 results by vabsy
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Board Bitcoin Discussion
Re: GoDaddy Targeting Domains With Bitamp Open Source Project
by
vabsy
on 29/11/2020, 04:13:37 UTC
Quote from: mgoz on November 27, 2020, 08:54:17 PM

Who's good/cheap these days for renewals?


Namecheap is running a promotion till tomorrow for 50 domain transfers for about 7$ each.
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Topic
Board Beginners & Help
Re: Hello Everyone
by
vabsy
on 26/11/2020, 14:51:32 UTC
Quote from: Mauser on Today at 08:05:58 AM
Quote from: vabsy on November 23, 2020, 07:35:06 AM


Also, I am looking for long term investments like I wish I had invested 100$ in bitcoin in 2010, anyone believes such opportunities still exist?

Any inputs are appreciated.

Thanks and regards,
Vabsy

Bitcoin made insane profits since the beginnings. If you really want to go for such high rewards, you need to go into Alt coins, but there risk there is very high too. There is a good chance you will lose money. If you do want to be long term involved with crypto currencies I would advise you to go for Bitcoins. They might be very high at the moment, but there are already experts saying that prices of above 100,000 USD are possible for 2021. Buying to hold is a better approach than abitrage bots for beginners in my opinion.

Thanks for your advice and inputs.

I was reading reviews about the top exchanges and every exchange has horror stories on google across various review websites.

It is really confusing for a beginner.

Which exchanges are genuinely best in terms of:-

1) Ease of use.
2) No issues in deposits and withdrawals for verified accounts. I have read horror stories when it comes to withdrawal with top exchanges for verifies customers. Why?
3) Fast transactions.
4) Safety of crypto, funds and accounts. I have read horror stories about sudden closure of verified accounts.
5) Fees - It is least important among the above but does any exchange have all the above and reasonable fees as well.

Thanks
Post
Topic
Board Beginners & Help
Re: Hello Everyone
by
vabsy
on 26/11/2020, 05:43:55 UTC
Quote from: Darker45 on November 25, 2020, 03:41:03 AM
There used to be a time when people made decent profit out of the spreads but it is not hard to notice that arbitrage is less becoming interesting and popular these days. It must have become a lot harder a way to make money. So if you are really "trying to find out genuine ways to earn," I don't think arbitrage is the way to go. You are better off learning basic trading.

If you are looking for long term crypto investments, you are always in good hands with Bitcoin. But you have to realize that we are already currently approaching a new ATH. You may decide to invest right now but you also need to brace yourself for a possible deep retracement sooner. However, you can almost be sure of another round of Bitcoin bull run in the months to come.  

Seems like everything you said is turning out to be true as on date.
Post
Topic
Board Beginners & Help
Re: Hello Everyone
by
vabsy
on 25/11/2020, 02:47:41 UTC

IMO your best chance, at least in a matter of integrity and seriousness, is Gunbot.
[/quote]

I checked GunBot and compared it with 3commas.

Maybe regarding integrity, you have more faith in gunbot as it runs on your own computer, but the issue can be with internet connectivity and speed sometimes.

Whereas, I personally feel that cloud based bots remove the above issues and you do not burn your hardware in the long run.

But, its still an imp point regarding integrity.

You believe in bots that runs on your own computer or any other reason?
Post
Topic
Board Beginners & Help
Re: Hello Everyone
by
vabsy
on 24/11/2020, 14:24:03 UTC
Thanks to everyone for their inputs.

By king and queen, I meant in terms of market value and most sought after coins.

Also, if arbitrage is difficult then what about algorithmic trading.

What are the best bots around for algorithmic trading?
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Topic
Board Beginners & Help
Re: Hello Everyone
by
vabsy
on 23/11/2020, 16:43:30 UTC
Quote from: boyptc on Today at 10:21:24 AM
Arbitrage is likely to give you loss instead of profiting. Transferring of coins from an exchange to exchange can be problematic sometimes if the network is congested for that coin, assuming that you've chosen a good coin.

Quote from: vabsy on Today at 07:35:06 AM
Also, I am looking for long term investments like I wish I had invested 100$ in bitcoin in 2010, anyone believes such opportunities still exist?
Vasby, it isn't late to still invest in bitcoin.

Looking for this condition from other altcoins can even create disappointment as there's a vast of the pump and dump altcoins spreading out there.

Thanks a lot, I really appreciate your inputs.

So, still bitcoin is king.

Is ether queen?
Post
Topic
Board Beginners & Help
Topic OP
Hello Everyone
by
vabsy
on 23/11/2020, 07:35:06 UTC
Hello,

I am new to crypto world.

Just started reading and trying to find out genuine ways to earn.

I am not new to the concept as I have been into domaining for the last couple of years, so, have bought and sold a couple of domain names related to crypto.

Recently, I got interested in it as both long term investment and also looking to find ways to start with small trades to get the hang of things.

I have been reading about arbitrage and arbitrage bots, but I really do not know, if there are actually genuine arbitrage bots that could give genuine timely signals.

Also, I am looking for long term investments like I wish I had invested 100$ in bitcoin in 2010, anyone believes such opportunities still exist?

Any inputs are appreciated.

Thanks and regards,
Vabsy