Ninjastic
Search content
Sort by
Showing 7 of 7 results by zymcat
Post
Topic
Board Off-topic
Re: Money for school fees. Invested in bitcoin.
by
zymcat
on 31/05/2018, 07:01:53 UTC
Quote from: yonghaseo on January 27, 2018, 01:29:49 PM
Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!

I don't think it is a wise decision considering the fact that you did it to finance the your education. It is a kind of gambling or you are playing with your education. If the market performs well, then you will be in a safe zone but when the time comes for the payment of your fees, if the market gets crashed further, then what would be the end result? You will be ended up with a loss and a situation in which you are not in a position to pay your school fees.
Post
Topic
Board Speculation
Re: Current status of the crypto market
by
zymcat
on 29/05/2018, 18:17:49 UTC
This conversation is getting highly interesting. What do you see as the main forces which lead to the current downfall?
Post
Topic
Board Speculation
Re: Current status of the crypto market
by
zymcat
on 29/05/2018, 18:09:00 UTC
Quote from: mwaqar17 on May 27, 2018, 03:01:51 AM
Quote from: zymcat on May 26, 2018, 06:10:41 PM
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

Ups and downs are necessary for the market to make traders alive and working. So hopefully market will get better soon. You must notice that in this collapse there were some crypto currencies that were/are doing very well. MTC and LOC are among these crypto currencies.

How long do you think will it take to fully recover from the current downfall? I'm referring to BTC and ETH. I know it is hard to predict but with your expertise can you predict any period of time?
Post
Topic
Board Speculation
Current status of the crypto market
by
zymcat
on 26/05/2018, 18:10:41 UTC
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?
Post
Topic
Board Bitcoin Discussion
Re: bitcoin down, what will happen?
by
zymcat
on 24/05/2018, 16:05:48 UTC
It is the general behavior of any market. The prices fluctuate regularly, based on the market conditions, both internal and external forces, news spreads, and many more. Let's wait and see and I am pretty sure that it will become stable by the end of June.
Post
Topic
Board Bitcoin Discussion
Re: Hold out or sell Bitcoin?
by
zymcat
on 10/03/2018, 17:51:26 UTC
There is no any best time to buy or best time to sell in this market as everything is relative to each other. It is based on your self-satisfaction and your perspective. There can be ups and downs in the prices and you will get profited based on the accuracy of your market analysis and the luck you got.
Post
Topic
Board Speculation
Re: Holding will be a risk or not??
by
zymcat
on 07/03/2018, 15:22:59 UTC
In the crypto-currency market as well as the share market, there is always an amount of underlying risk when you hold it for a while. The fluctuations in market cannot be predicted and guaranteed. But the advantage you have with BTC over the fiat currencies is that with BTC you have some guard or a cover over the inflation as their will be only a certain amount of BTC will be released in your lifetime.