Hey guys, just curious, a lot of people have said that they are having issues when it comes to protecting their privacy when trading crypto because the places to buy crypto requiere them to submit sensitive information that can go as far as one's personal address. Do you guys have this same issue? And, what other issues do you guys have when trading?
Well when it comes to the trading then you have to submit your KYC's all the time over the exchanger to increase your trade limits and withdraw limits as well. I guess it is pretty normal to have this and also it increases security of our funds or accounts too by showing that it is us! I think when it comes to the non reputed exchanges which are asking for the KYC then it could be somewhat frightening to give away info over such small exchangers. I guess there are wide variety of options we can follow to save ourselves from giving such information. Fro example using decentralised exchanger, or keeping fund in the private ket owned wallet and then transferring them over the exchanger at the time of trade. |
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I dont think countries has got anything do with it. I am not even looking at the location where they are situated. See if the project idea is great then why not inevst into it straight forward without even looking at the location where they are situated. It is all right to have information about their physical HO, Regd. Offices etc but they need not to be considered as point of observation and discussion at all. For example, if you trust Apple today so much and then later on you came to know that it was formed and invented in the china then will you stop using it ? Or will you stop trusting it? I guess no! Because you love the quality and premium services of it. ICO's are similar to that if they are legit then they are good to go otherwise its no go.
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With such a fluctuation in the crypto market, will it be preferable to purchase bitcoin in 2018 with a long-term view of 2-4 years?
Question is right but being asked at wrong time mate. Do you know bitcoin was being traded at 6K USD a few months back and that was the perfect opportunity to enter the market. Now as the bull run has started it is pretty sure thing that bitcoin aint coming back so soon. I mean if you really want to invest in it then you have to wait for it as it would be riskier to invest when the crypto is rising. It may or may not fall thats the next question. If you would have invested @6K then you would have been in benefit all the time. But now its like win-loss situation where you need to think about the long term investment and then think about entering the market. |
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I guess that is merely a coincidence and this kind of stuff keeps happening in the crypto space all the time. The crypto currencies are like this only, many times we see same patterns being followed for different coins and relate to the bitcoin lot of time. I am not sure why you saw in the LTC and BTC correlation but I see lot fo difference between them. None of them are same, the patterns is merely output of the price ups and downs and nothing else. What you need to compare is there market caps, rankings, and popularity. Now LTC stands no chance in front of the BTC at all. So may be there is huge difference.
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I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
I want ot create an income source which is completely independent of my actions. There are many earning models int he crypto currencies which work for us and give us money too. For example, big project, ICO fundings, share values etc. We can invest in such projects and keep earning lot of money, and in the crypto space it can change our fortune at anytime, with any value! So my goals for 5 years is simple I want wealth which will be enough to run my different business which will in return create myself multiple funding sources. |
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#JOIN
Bitcointalk username: frowsiter
Forum rank: Senior Member
Posts count: (including your registration post) 1181
ETH address: 0x7C36958a484F5078A888faCD42FaC1933FBb503d
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Do you think Bitcoin still on the rise in terms of market capitalization ?
I guess its pretty normal to see it rising but recently the growth does look like very much slowed. It grew slowly in the initial years and then later on it grew very crazy until the 2017. This was then repeated by the slowness by the time we reached 2018. I guess now everyone knows that market is pretty much up and down and its not really moving upwards. What happening is simple, the market reaches at specific heights and then again dropping back to wherever it was earlier. This is eating out most of the money from the bitcoin market cap and thats the reason market is slowed. |
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Well, it costs electricity to run the operations of bitcoin and it takes money to buy it. I guess thats enough to understand that from where it gains its value and with what it is backed up really. The bitcoin may be virtual one but it is not really coming out of the thin air but with use of real energy. People forget to add these factors into consideration. Everything gets its value from the process of its making or creating. In bitcoin case its mining, investing and much more ways to gain it. So its pretty straight that it is backed up with the billion dollars market cap that was raised through above mentioned processes.
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Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
I guess holding would be far greater than daily trading. The market itself is volatile but when it comes to the extra added volatility like the current one the it becomes real danger for us to make any valid trade. You never know where there is call or put on your trade within the night time span. I guess you should be choosing to hold those coins at least which are the major one and trade those who are already in the swing mode. Its not that difficult to achieve the holding with your patience if you know that you will loose the money if you sell or buy in the current situation. |
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Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.
But how do you think that it will help gain them into the BTC? I dont understand that part, your title says some different story. May be Facebook wont come in the crypto space as they are already have good time with the real world and Facebook is already so big that it can never go down with techs like bitcoin. Both of them are completely different stories and thats why I believe nothing will change during the future. |
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#Proof of Authentication Post
Twitter : @bitcoinlovers9
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#Proof of Authentication Post
Twitter : @bitcoinlovers9
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#Proof of Authentication Post
@bitcoinlovers9
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#Proof of Authentication Post
Twitter : @bitcoinlovers9
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