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Showing 20 of 77 results by verguat33
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Topic
Board Economics
Re: Repeating of all time high has begun
by
verguat33
on 27/06/2019, 11:44:02 UTC
There's going to be a FOMO soon (that's if it hasn't started already, and you will see a lot of people rushing in so that they don't miss out from the price that is going up. The price has already gotten passed the $10,000 price rate and is currently at the rate of $12,400+ and its still showing green which means that we will all be expecting the price to keep moving up. The way I am seeing it the price might continue to move up until it reaches another all time high and that is likely to be till December. And there are lots of events that will help to push the price up the more.
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Board Economics
Re: World economy, what do you think?
by
verguat33
on 01/12/2018, 07:47:29 UTC
How much, in your opinion, has international relations influenced the world economy and what do you think about it?
International relations is very very important to countries in the world. That’s what gives us deep cultural understanding, cause we all as a country need to communicate to survive. We all depend on the trades and exchanges we make with others which can be beneficial to us in lots of ways. That’s the little I can say about it.
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Board Altcoin Discussion
Re: Do you regret getting involved in crypto?
by
verguat33
on 01/12/2018, 07:16:42 UTC
Cryptocurrencies have been around for a while now.we've the early adopters and late adopters.  Heard a lot of postive and also no to forget negative experience from people. Take a flash back to when you decided to get involved in the crypto world and judging by what you have achieved at this point in time.

Do you regret your decision to get involved in the crypto world or you wished you had joined earlier?
Any person joined at any stage got a huge profit from the crypto. There are many benefits in this place and many have earned according to their skills. Many of them cam in the very beginning and they after a long time wait got a huge profit but if the news comers also wait the same, I mean for a few years, then they will also get the same profit.
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Topic
Board Economics
Re: China declared crypto airdrop illegal.
by
verguat33
on 17/11/2018, 07:27:54 UTC
I don't think airdrops are good anyways. Not that bad news.
China had been a bit conservative in that sense and this is the reason to protect their domestic economy as a result of which they banned some of the exchanges that had been operating in the country.
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Board Speculation (Altcoins)
Re: Cryptocurrency prices dropped again
by
verguat33
on 22/10/2018, 12:08:34 UTC
This is an absolutely normal situation for the cryptocurrency market. Price fluctuate constantly. Therefore, after the decline, we can expect the next rise.
I think the market is the same as it was. There are no changes in the market. The bitcoin price is the same as it was several months ago. Today the price is about $6400. There is no up and down in bitcoin price. It is right that crypto market is overall low and investment capital is also low due to low demand. But there is nothing to worry about it. The price will high again in the future.
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Board Altcoin Discussion
Re: Can blockchain replace bank?
by
verguat33
on 20/10/2018, 11:51:38 UTC
The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
i think blockchain wil be used as a replacement for banks and also i feel banks will be in great need because less and less people would require their services, just as echange maybe
Of course blockchain can replace traditional banks and in the future we will see this. Blockchain technology will do anything for our ease and everybody will happily accept this technology. When you make your transaction without using any bank, there would be no need for banks. Cryptocurrency investment is far better than bank accounts. Therefore the role of banks will crash.
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Board Trading Discussion
Re: Buy low sell high?
by
verguat33
on 19/10/2018, 12:09:01 UTC
Most exchanges have conversion to usd and vice versa Just check the major ones like Yobit or Cryptopia. Whatever should suit you though
We are facing hard times in crypto market and in this situation making profit is not so easy. You must wait for some time when the market turns from red to green. The problem is that when the price falls more and more people demand for bitcoin and when the price grows more traders cannot find buyers in the market. To whom they would sell their coins for higher price.
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Board Altcoin Discussion
Re: Alts coin vs BTC
by
verguat33
on 18/10/2018, 12:57:20 UTC
i think bitcoin currently still gives me enough profit, but it's not as much as in altcoin. the comparison is quite a lot, because in order to buy 1 Bitcoin i have to spend as much as $ 6,200 while with that amount of money i have got several pieces of altcoin. what if the price grows only 1% i already get enough profit from the altcoin.

but bitcoin is still my favorite long-term investment choice.  Smiley
Yeah you are right and I agree with you, bitcoin is still more profitable than any other coin although the price is almost stuck between $6000 and $7000 and there is no increase for the last several months. Little bit fluctuations also better for low investors and they are make good profit from their bitcoin investment. I will hold my bitcoin for long time to earn more.
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Board Trading Discussion
Re: I fail in trading
by
verguat33
on 18/10/2018, 06:47:44 UTC
The main reason for my trading failure is that when the market goes down, i worry too much every day that makes me mistake in the basics of trading. Another reason is that i am constantly afraid of failure. Too much fear, too much stress has a negative impact on my health and is definitely my result.
Worriedness in times of downstream is natural, but only those survive who control their emotions and do not take abrupt decisions about their holdings. It is a matter of money and you will to be careful while taking decision of buying or selling. Those who bought bitcoin for more than $18000 are mourning now because they have lost thousands of dollars.
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Board Economics
Re: Please, we should not totally eliminate fiat currency
by
verguat33
on 17/10/2018, 12:36:39 UTC
Fiat currencies are not that easy to replace even if the cryptocurrencies are already in its prime use or trend. There's a lot of things that need to be addressed first before fiat can be replaced by cryptocurrencies.
These all things related to fiat currency will also be covered by fiat currency. When the use of crypto prevails in the world it will not only take the place of paper currency but also fiat currency. We should wait for the time when we see crypto to be our legal and regular currency. I know that it will take long time but eventually it will happen one day.
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Board Altcoin Discussion
Re: invest on altcoin
by
verguat33
on 17/10/2018, 11:22:39 UTC
Investment is very important to make a better future, now there are many choices for investment and cryptocurrencies are good investment alternatives because they can make our money grow faster
In my opinion the best Altcoin for investment are Ethereum, Ripple and Torn because all have different prices and are getting huge investment funds. In the future these coins will get the top position in the market in volume perspective. You should be patient and cool while holding your coins. Don’t make any abrupt decisions about your holdings.
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Board Trading Discussion
Re: What kind of coin are you waiting for on the pump?
by
verguat33
on 17/10/2018, 09:46:17 UTC
I am planning to hold TRX or ADA. I was daytrading those for a while. I still don't visit Binance to start my usual activity since I am kinda full in my schedule. It depends if those two will be worth the hold and I might take a great look in its past price in the past week. Hope it doesn't bring me down though. Still have a lot of something to put in my sleeves anyway so.
I choose bitcoin on the first phase because no other coin can be compared with bitcoin. The real cryptocurrency is bitcoin and the rests are the units of bitcoin. Why not choose the pioneer instead of unauthentic and unreliable coins for our future. I admit that there are many good Altcoin in the market that are very promising but there is no comparison between bitcoin and Altcoin.
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Board Trading Discussion
Re: trading outside of crypto?
by
verguat33
on 16/10/2018, 07:24:39 UTC
Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information


Trading outside of crypto, I guess you mean forex or binary trading, cause that’s the two things you can trade outside of crypto trading and they are quite similar to each others. You just need a little training on how it works to be able to understand and trade them.

I have tried forex trading once, but it wasn’t really much of what I expected then, so I decided to quit. And like I said, there isn’t much difference between them. I believe if I go back to that this time around I will also make good profit from every trade.
You can also trade in stock exchange and hope that you will find it better than crypto trading. In crypto trading you can only trade in those currencies in which you invest your money, while in stock exchange you can buy and sell any product shares just in seconds. But don’t be greedy because greedy people always lose their money in stock and in crypto trading.
In my opinion trading outside crypto is only in stock exchange. There are also many trading companies but that need more time and money. If you want to trade outside cryptocurrency, you should invest in stock exchange. There you will be able to make money in seconds because of the huge variety and quantity of shares of different companies and quick buying and selling.
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Board Gambling discussion
Re: Why not play games online instead of gambling?
by
verguat33
on 15/10/2018, 10:38:16 UTC
Video games can be fun but without having money on the line the excitement just isn't there.  Most people gamble because of the adrenaline rush that comes with winning large amounts of money.  But I guess you could combine both worlds and bet others on video games or bet on professional e-sport matches.

Well, most video games also provide quite an adrenaline rush, particularly if you are playing competitively.

I don't think the adrenaline rush is the major factor in this, I think the truth is most gamblers have the false belief in the background that they are going to get a lucky streak eventually and win big, truth is it rarely happens.
It will be better if gambler quit gambling and start online games for fun, entertainment and time pass. Their money will also be saved. But the problem is that regular and addicted gambler cannot quit gambling and they will have to gamble then they will feel satisfaction no matter they lose or win but gambling is necessary for them to satisfy their addiction.
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Board Speculation
Re: What will become of Bitcoin if the price keeps falling?
by
verguat33
on 14/10/2018, 07:39:22 UTC
If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.
The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   
The price cannot keep on falling forever because the market do not remains down forever. There can be recovery in the market as well. If the demand rises, the price will also rise and there is already a bit of rising trend in it. Now, price is 6540 US dollar which is still low and it is stable between 6k and 7k US dollar which enables you to get it on low price and no one knows nothing about future so you just make a position by investing here.
In my view the price will not go down more than $6000 because it is its natural price. if the investment cap increase the price will raise more but there are no more investors the price would still above than $6000, because it is with the passage of time. If the price rises to $30000 today, it will collapse to $6000 again in the coming days. We should know the time space.
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Board Trading Discussion
Re: Cryptocurrency Market Dip - Why You should not Panic
by
verguat33
on 13/10/2018, 13:55:12 UTC
There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.
I do not panic anymore when there is a dip, I just find it scary that bitcoin has been around these prices for too long and it makes me wonder how long it will be. I mean yeah the price has been low and I am accustomed to it now but I wonder when it will go up.

I am a firm believer that with time bitcoin will keep going up however bitcoin time and time again showed that it doesn't go up slowly, it goes up in a skyrocket fashion, so either I am going to be in the market all the time eating the losses and keep waiting until the price skyrockets and get out or I will wait for the bull and miss out on it.
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Board Marketplace
Re: Bitcoin global regulation
by
verguat33
on 11/10/2018, 11:59:42 UTC
Wow, it seems like the whole world are watching cryptocurrency now. A lot of good and bad news, regulations everywhere but in the end cryptocurrency will win and go higher for good. This is the future that we need, and I know many more big people will adopt this system.

If this is the case, i think the cryptocurrency do not need such regulations. Or somewhat the bitcoin can move on its own, but the thing here is, the people consider much when they seen it legal, they are somewhat conscious to what is going on. Therefore we can say that having global regulation maybe good but somewhat bad.
Yeah it is right, with the passage of time more and more countries are accepting bitcoin. In recent past Germany regularize bitcoin. Countries with strong economies are regularizing bitcoin and rests are following them. It will take some time but finally bitcoin will take over the market and the entire world will use only bitcoin as their regular currency even in their local markets.
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Board Speculation
Re: Is bitcoin worthy to buy ? right now?
by
verguat33
on 10/10/2018, 12:03:09 UTC
If this was a convential trade, the standard advice would be to delay the trade in order for the market to break the price out of this confined sector of trading.

The idea being to avoid the risk of a sharp move not to your advantage
Unfortunately, it is not everyone that will even understand what they should be looking out for when it comes to a break out since they have no trading knowledge. I totally agree with you that right now, most traders will definitely be sitting on the side line and waiting to see the direction that bitcoin eventually takes. The sentiment in the market is bullish but nothing is guaranteed yet, and playing with a sideways market now is taking a huge risk and trying to attempt to predict the future.

Personally, I have bought in some at $6100 with some stop loss below $5700 on my trade, and then looking to buy in more whichever way the market turns out.
Yeah it is very worthy because the price is very reasonable for investment and those who buy today will make handsome money in the near future. It is the right time for investing more and more money in bitcoin because it is crypto and anything could be happen in the near future. If the price bumps again like the previous year, you will miss this opportunity very much.
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Board Trading Discussion
Re: Trade or HODL?
by
verguat33
on 10/10/2018, 10:34:02 UTC
To get profit from hold or trading you should be have skill to know the trend of crypto market, when all crypto all the times high its better doing day trading and hold is not recommended because after ATH crypto market will change to down trend. But for now which all price of crypto already in the bottom so i recommend to start hold if you dont have times to trade, but if you have more times is better doing day trading to get maximum profit.
It depends on your experience and trust. If you want to trade, you can make to earn big money in short time but if you have no idea of crypto trading, then holding is better for you because trading is not an easy job and you may lose your money while making your decisions. Holding will take long time but you will be mentally relaxed not to lose your money.
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Topic
Board Speculation
Re: Tone Vays says target is 5000$
by
verguat33
on 09/10/2018, 10:35:22 UTC

I don't need to watch the video. I'm used to seeing Tone's predictions and analysis as he is hell bent on BTC below $5k and even <$1300. Once expressed his wish/hatred to see ETH at $1. Left to me, I would leave the market to decide the fate of BTC. However the higher it goes, the better it is for the market

It would not matter much if you believe in crypto and its future gain. This all predication is just so that the market crashes and all such big investors come into play and will buy huge qty at lower level and thus with the rise they will make money and sell. Thus small investors will lose the money in process.

I never believed in predictions. These people have no idea about the future investment and price depends upon investment capital. If more and more people put their money in bitcoin, the price will go up and if there is no investment the price will ever go up. Predictors can analyze the current situation of the market but cannot guess the people’s mind.