|
Hello! I already read the whitepaper and somehow it seems its purpose is quite significant. It can help many drivers especially to the new technology and system of DRIVR. But I think I just missed to read it, as what we all know, there are still people specifically drivers, who are unknowledgeable about bitcoin, the cryprocurrency as a whole. Does it mean there will also be a private tutorial or seminar for them to enable them to know more? For those drivers?
|
|
|
|
|
The construction if the question wrong.
In general, profit or revenue is somehow the result of your sales over your cost incurred. In the perspective of cryptocurrency, the price where you sell your bitcoin or alternative coin is deducted to the cost how much you bought it. The result will your profit. Profit can also be manipulated or controlled depending on how much profit would you want.
Because at the first place airdrops are free, so you have no costs incurred in buying or having it. You just get it for free.
Always remember that at these times, there are sites which are fake airdrops or google documents which are just getting information from the one who fill ups the form or somehow what we know, phishing. We must be very careful everyone.
|
|
|
|
|
In order to have more profit in the cryptocurrency transactions or business, you need to also be educated. Be a researcher. Try to research things about what you are into. You must be very knowledgeable in the field of it. The price fluctuation factors and determinants, may it be in the law of demand or supply or the technology beneath the coin, the large community it acquires, and other factors. All of it must be into your head. That will be the time you will become very wise to your moves. If you want to gain profit, try using short term trading. You will gain or have profit automatically once your desired price increase has met. It is so easy. There are also a lot of pump and dump channels who will help you gain profits. But choose wisely, because not all transactions like that will succeed, you might expect gain but it was loss indeed.
|
|
|
|
|
I first discovered bitcoin just on my on. Back way then, I always wanted to earn money without finding any helo with my parents because I want to help them in other ways. I tried to search of earning through internet because of the technology todays generation, I thought there must be something that I can earn money. That is the first time I saw the video about bitcoin. I was curious about it and research. When I first discovered it, I somehow joined a facebook group which deals about earning money. My first investment was on High Yield Investment Platform. I was too dumb not to research where did I put my money and in the end, I was scam. After that loss, I stop bitcoin. I stop cryptocurrency. From december 2017, someone taught me about this forum that I can earn money. So he introduced it to me and still continuously teaching me. Here I am right now!
|
|
|
|
|
At today's market the persons or community finally into crypto has slowly increased. But these persons have became investors yet so unknowledgeable. These weak hands or participating in panic selling are investors which has insufficient learnings about the cryptocurrency. We should always remember at all times that when you invest, you should study, research or make some investigation about where will you put your money in. At this case, when you are in the cryptocurrency, price fluctations are very normal. No market has always become on the point of increasing without any even slight or small decrease in the market.
The knowledegable persons and experts should lend sometimes a hand for those who are unequipped to also produce better investors rather than weak hands.
|
|
|
|
|
The thing is, when we first have the thought of investing in cryptocurrency, there should always a mindset that this kind of market, which one determinant of price fluctuations is law of demand and supply, you should be expecting losses and not at all times, profit or revenues. At this moment when I am on your shoes, I will not cut my losses. This event is normal because of a correction period and also it is february. One of the largest number of population which also has been an investorsbof cryptocurrencies, the Chinese People are to celebrate their New Year thus many are selling their coins to have something in the table in their event or celebration. Also February which is the year of the Hearts. Better be ready for price fluctuations. The thing is, before we invest, we should understand the market. Never to panic selling, these persons are unknowledgeable. Do not be one of them.
|
|
|
|
|
I think everyone of us are afraid of hackers. These persons behind walls and a stranger to us can snatch us even physically not with us. That is how dangerous they are. But even they are too knowledgeable about codes, computers, the social media, the internet itself one thing we can do is prevention. Because we are on the cryptocommunity, which many of these members earns a lot in crypto, has to take responsibility of their own private keys. These keys are so important that we forgot its worth. Try to bookmark etherscan in your computer and use it to check you ethereum balance. Never to put or use your private key always and always check the website of etherwallet. Remember we must outsmart hackers through prevention. Stay safe.
|
|
|
|
|
It is good to mine but the only problem if your are to have a mining farm, it will take too much costs. Remember when establishing a mining farm, what you need it high specifications computer, high costs mining rigs, very fast internet and especially expect that you bills of electricity will drastically increase. One of my mentors said, that everyone can obtain this kid of dreaming having mining rigs but it will take so long to have a big mining farm. Start to one mining rig and your income then will be used again to put up another. Remember not to engage in credit or loans just to built up a mining farm without sufficient and appropriate knowledge.
|
|
|
|
|
Risks are inherent or always there whenever we talked about investment especially Bitcoin and the whole cryptocurrency community. But how do you deal with these risks? What are your experiences or even techniques in managing risks? In minimizing risks or even eliminating it?
|
|
|
|
|
In investing, we should always bare in our minds what diversification means. What is it? It is the appropriate allocation of your funds to various or different investments in order to lessen or even eliminate the risk of loss in portfolio in accumulation. If you have one (1) bitcoin, do not invest it to only one option but rather try to diversify. Be innovative and wise in investing. You can divide you bitcoin and invest in different kinds of investment, maybe 25% to stocks or shares of a prominent corporation, 25% in buying lang for appreciation of value and wealth and the rest of 50% in cryptocurrency. What am I saying? If the market of crypto goes in red, then you only have a 50% part of loss in your total investments and portfolio, that if you incur losses jn cryptocurrency then on the other hand in stocks and land you acquire gain, you profit will compensate your losses. Then you acquire no losses at all. Unless your profit exceeds your loss. But if you do not diversify and invest everything in cryptocurrency, or something investment, if you incur losses, then you loss huge amount because you do not diversify. Remember it is one of the best techniques in investing.
|
|
|
|
|
All investments are risky. We should always remember that, it is inherent in risks. Example is an Initial Coin Offering or ICO. We can say that it is risky indeed but in order to minimize or even eliminate risks, we should be vigilant and a researcher. Try to research everything about your prospect ICO. Try to check the developers transparency and the team, the community of a coin in telegram and even partnerships they have been or incoming partnerships. Then after checking and everything looks good. It is safe to participate in Inital Coin Offering (ICO).
|
|
|
|
|
Show Posts
