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181  Economy / Economics / Re: Is banking still important in the bitcoin era? on: May 13, 2018, 07:40:47 PM
Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?


I believe yes , banks are known to be a best way for us to save and store our earnings and invest though we all know that we'll only get a small profit from it. Banks are well known than crypto currency and we can't deny the fact that it is still trusted by people around us.
182  Economy / Economics / Re: Still Trading When Red? on: May 12, 2018, 07:24:09 PM


It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...

Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?




No , I don't trade when the market is red for I don't want to have any future regrets for selling at red. I think it is still better to hold as long as we can until we reach the best target to avoid losses. It is just like a wise game where in patience would let you win the prize.
183  Economy / Economics / Re: How to manage the risk in investing cryptocurrency? on: May 11, 2018, 02:26:20 PM
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.



Just bear in mind that all kinds of investment is risky and it also includes digital currency. I believe that we must all gain enough knowledge about crypto first before joining the battle. We must be always prepared to take all the risks because we won't be able to gain a good profit if we are always afraid of the risks that we might face.
184  Alternate cryptocurrencies / Altcoin Discussion / Re: Still believe in ICO ? on: May 11, 2018, 02:03:21 PM
The number of successful ICO's are decreasing dramatically.  Just wanna know about successful ICO's in the fourth quarter of 2017 and if anybody still believes in  ICO's.


I still believe in ICO's of course, It just so happened that some ICO's aren't successful. There are still good ICO's and what we just need to do about it is to be careful and wise on choosing the best one. It is just important that we read their whitepaper to know more about their platforms.
185  Economy / Trading Discussion / Re: A successful trader must be an educated trader? on: May 11, 2018, 01:26:15 PM
Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?


As for me, I believe that skills matter as well. Being educated is given because we won't be able to do trading successfully without having enough knowledge about it. However, I think it doesn't necessarily mean that we must gain any degree but we must just have enough skills about the basics of trading.
186  Economy / Economics / Re: Can it be possible for the whole wide world use a single currency? on: May 11, 2018, 01:04:36 PM
I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?


I believe that it is still possible though we all know that it would really take a lot of time and a lot of things to consider. I believe that global market is starting to accept cryptocurrency as a currency. What the world needs it enough education about crypto for people around the globe.
187  Economy / Economics / Re: Bitcoin VS bank on: May 07, 2018, 06:30:12 PM
For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.

Do you think bitcoin will replace Banks in the future?


Banks are not as profitable as bitcoin. We all know that we could just keep our earnings and savings in crypto but we can't really rely in it's small profit. Banks are not investment but bitcoin is. It is where we could keep and store our earnings safely and with passive income.
188  Economy / Trading Discussion / Re: How to trade crypto like a Pro! on: May 07, 2018, 06:05:30 PM
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Trading would take time for you to get into it. There is no shortcut to being pro here because your experience alone would teach you do better and to trade without loosses though we all know that commiting mistakes at first is normal. Just do series of researches for you to learn more about trading.
189  Economy / Trading Discussion / Re: Patience is a virtue in Cryptocurrency Trading. on: May 07, 2018, 04:46:34 PM
Cryptocurrency is a no go area if you are an “emergency investor “. By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.

Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.

A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.

This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.


Exactly, patience is the best capital that would really give us the best profit in time. Patience is what we really need here in crypto because we'll all be able to get a good profit by waiting for the best profitable time that would benefit most of us. Truly, good things come to those who are very much willing to wait patiently.
190  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Potential on: May 07, 2018, 03:39:25 PM
There is a lot of hype towards ethereum, so in your opinion is that a good time for holding this alt?


It is best to buy and hold ethereum until the last quarter of the year. It is one of the best coins with potential that J know which is actually next to bitcoin. I believe that it would go far than what we expect because it never fails to surprise us as it pump the best value these days.
191  Economy / Economics / Re: Re: Is bitcoin helpful to the economy? on: May 06, 2018, 08:33:07 PM
I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.


As for me, bitcoin don't directly help the economy but rather has a big impact in it's growth. As the people in the society succeed and grow in their financial stability, the economy grows as well. Each individual who uses bitcoin influences the development of the economy.
192  Economy / Trading Discussion / Re: What's your trading strategy? on: May 06, 2018, 03:58:40 PM
Tell us or me what your trading strategy is


I do small gains on large dips but that's a risky move, sometimes I climb the mountain when the price rises or when news opens up.

I'm curious what others do to gain money.
I do not have specific strategies for trading, I use common trade tips. I only buy when my favorite Altcoin falls, and set up different buying landmarks because this helps me buy a lot of coins with different markers. Always observe the market and should not be greedy.


I don't have a definite trading strategy but I just simply imply the basic rule in trading which is to sell high and buy low. If we'll just all have the willingness to wait, we would all be able to attain our target goals here in trading.
193  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty Rewards: Sell immediately or HODL? on: May 06, 2018, 08:26:35 AM
I've been doing bounty campaigns only since December 2017.  Not long, in the scheme of things.  But one thing that truly surprised me during the last couple of months is the number of bounty hunters who look to sell their tokens ASAP.  At first, I didn't understand why, but I think I'm beginning to.

For me, I'm doing these bounty campaigns for a bit of fun and to give my mind a bit work to do, creatively speaking.  So my mindset for any bounty tokens is just to HODL and allow the devs to implement their roadmap and take the project through to completion.  I think this will give the best realisation of value on the tokens.  Sure, some may fail and they will likely end up worthless, but since I only invested time, not money, into receiving them, I'm not really worried.

So with that mindset, I struggled to understand why so many people were eager to offload their bounties at the earliest opportunity.

But over the weekend, I sat down and did some calculations on the accumulated bounty rewards I'm expecting to receive.  Each bounty by itself was a modest return, but when combined in totality, it was a sizeable amount.  And that's when it struck me...

Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.

But I really don't know if my assumptions are correct.  So, my question to you is...

Do you sell your Bounty Rewards straight away or HODL?  Any insight into your reasons would be appreciated.



## If this post has been thought provoking for you, I'd really appreciate a bit of Merit in return ##


I am into holding my bounty rewards until they have their platforms successful. As for me, rewards should also be rewarded with patience and commitment. We must all be willing to be thankful for whatever we get and just wait a little longer to gain a better profit.
194  Economy / Trading Discussion / Re: Is trading actually worth it? on: May 06, 2018, 07:40:39 AM
So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.


It takes a lot of skills before we would be able to trade accordingly. There are things that we need to learn first before taking the next step and it will take a lot of courage and patience for you to do it smartly. It is all worth it because no matter how hectic or hard it is, we'll still be rewarded in due time.
195  Economy / Economics / Re: can you imagine bitcoin as your prime currency. on: May 05, 2018, 07:13:17 PM
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.


I think it would be really more convenient and it is also an advantage for us to have bitcoin as our prime currency. These days, we really need to have a sinhle currency to be use in our daily transactions for things to get better. With bitcoin asbour currency, it would be a profitable way of saving abd budgeting.
196  Economy / Economics / Re: Can cryptocurrencies make physical money disappear? on: May 04, 2018, 03:52:34 PM
As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?


I think that would be really hard because people aren't educated enough about how profitable bitcoin is. I believe that we can't really replace fiat this early because people only know only fiat as their currency and people don't have enough knowledge about bitcoin accessing.
197  Economy / Trading Discussion / Re: what advice? on: April 28, 2018, 07:01:44 PM
i am new in trading . i want to start trading . what advice you should give me before i start in live trading?


As you begin with trading, you must have the willingness to learn and adopt wisdom and knowledge about trading. You must accept teachings from trading pros. Reading topics related to trading would be helpful as well. Have the courage to keep calm during the red days of the market and avoid panicking because that won't help.
198  Alternate cryptocurrencies / Altcoin Discussion / Re: How to get fast rich in crypto world. on: April 28, 2018, 06:21:47 PM


There is no shortcut to success here. Everything here needs to be exerted. If you want to get rich in an easy way, you better have a big capital to invest but you still need to wait upon the right target that you have set. If you want to get rich then you have to strive hard and work to succeed.
199  Economy / Economics / Re: how can the beggars access Bitcoin? on: April 28, 2018, 05:41:27 PM
If all paper money were change into Bitcoins, can it be access and use by everyone? how can the beggars access Bitcoin?


Well, that's one of the best things to consider upon having bitcoin as our currency. I believe that we must first implement to educate people on how to access bitcoin. People who don't have idea about it specially beggars, must have enough education about what bitcoin is and the government must be the one who should work for it.
200  Economy / Trading Discussion / Re: How to start Trading for newbie on: April 28, 2018, 05:05:24 PM
I want to start investing in Trading someone can help me how can I start , What things to do and how ?

Answer so much appreciated thanks ..


We all went to newbie stage and I when I began here, what I did was I became so eager to learn things about trading. Every information I gather excites me to do trading in actual. I tried gaining knowledge about the basics of it first before I began and it really helped me a lot as a beginner.
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