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21  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto After Death? on: October 07, 2018, 03:03:33 PM
This kind of topic has been discussed before, if you don't leave or tell your family anything about crypto then your money will be lost forever and your family won't know either. In my case I have hardware wallet and I tell my sister about it, she knows about crypto right now and she can use my hardware wallet incase something bad happen to me so my family can access the money.
22  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchange it or Hold it on: October 07, 2018, 02:32:51 PM
Most of the time if I get something from airdrop I will sell it immediately if there's buy order at the exchange because for the project like this they won't go up in value as there's no development regarding the project. There's no point to hold it because you won't get anything for it later and you should sell it as soon as possible. I still have some token in my wallet that I forgot to sell, they used to have a little value about ~5 to 20 usd but now they are useless.
23  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trust ICO Rating sites? on: October 07, 2018, 02:24:16 PM
Nope, I don't trust them especially when I saw that there's ico site that can be paid to get better rating. I don't trust them because their rating might be biased, I don't mind reading ico review like crush crypto etc because it's good to see the same project from other perspective but the final decision is still with me. Ico rating site gives a lot of icos good score but look at the projects now, how many of them that survived until now?
24  Alternate cryptocurrencies / Altcoin Discussion / Re: Protect your funds on: October 07, 2018, 12:00:18 PM
I completely agree with that, if I am late and the price already left the buy zone then I will wait until it hit the resistance and come down again or monitor if it break the resistance and move to the next resistance level. I make mistakes in my early trading day chasing something that already up quite a lot only for the price to go down later, if I am patient and wait for a bit then I can buy the coin cheaper. Just keep learning how to indentify support and resistance lvl and you are good to go.
25  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to invest all my savings in cryptocurrencies on: October 04, 2018, 03:19:24 PM
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
It's never safe to put all your savings into some kind of investment as the purpose is completely different. If you put your money into crypto then there will be investment risk as you can lose a large portion of your money, if you leave it at the bank then you'll only lose a little to inflation. I think you shouldn't use your saving to buy crypto and leave it for emergency fund.
26  Alternate cryptocurrencies / Altcoin Discussion / Re: Can the world really go digital with crypto? on: October 02, 2018, 02:51:57 PM
Right now it's certainly not as it's still too early to change that much, even right now not every transaction is cashless as there's still a lot of people that use cash to pay for something. In order to go full digital with crypto then it means that people have to be familiar first with cashless transaction and I think in 10 more years we will be closer to that kind of situation. Right now it's better to spread the word first for people to be aware of crypto.
27  Alternate cryptocurrencies / Altcoin Discussion / Re: Wallet hacking is it possible? on: October 02, 2018, 02:41:47 PM
If you are talking about brute force the private key then I think it is a very hard thing to do and not possible right now but there's an easier way and that's to hack the user device and gain the access to the wallet. The security of crypto wallet itself is good but most of the time it's the users that don't care about their device security and they allow malware to get into their computer or they are not careful and open a phising site.
28  Other / Off-topic / Re: Why did you have faith in btc? on: October 02, 2018, 02:34:35 PM
Although there's better coin to act as digital currency but bitcoin will always remains as the first crypto, bitcoin is probably the first thing people will hear if they want to put some money into crypto as most of the trading pair is against bitcoin. Also bitcoin already here for almost 9 year and it's fundamentaly strong to exist for so long. As a storage of value bitcoin is certainly the best in crypto right now so I still have faith in btc.
29  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Late to Invest in Cryptocurrencies? on: October 02, 2018, 02:06:50 PM
It's certainly not late to invest in crypto as it's a newly emerging tech but you should also be patient with your investment. Crypto is not a quick rich scheme, same as other kind of investment as it takes time until your investment bear result and you have to be patient for that. It's not late to invest as the value of the coin will keep growing with more and more people that put their money into crypto.
30  Alternate cryptocurrencies / Altcoin Discussion / Re: When do you know its time to sell your altcoins? on: October 01, 2018, 02:46:35 PM
I don't have a certain number of profit that I want to get before selling my coin, I always check the rsi and ema to see the resistance and support line and when the price is near the resistance I will sell it and create another buy order at the support zone. That kind of strategy is better for me as I make good trades most of the time compared to last year when I am still new to trading and don't know when to sell my coin.
31  Alternate cryptocurrencies / Altcoin Discussion / Re: Is burning of unsold tokens is good for ICO???? on: October 01, 2018, 01:57:06 PM
Of course it's good, burning unsold token means there's less token in circulation and that will make each token worth more than before. The downside is when there's great demand for the token or the token will be used by a lot of people then it will be hard to scale if they don't want to create new contract. If the team don't want to burn unsold token then I think it is a good decision to lock the token for several years so that It won't disrupt the price in near future.
32  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is crypto making the world go crazy? on: October 01, 2018, 01:38:21 PM
It's because crypto is a new emerging tech that has the potential to disrupt the current financial landscape, also with emerging tech like this we see that a lot of people want to get in early before the price getting more expensive. That enthusiasm caused the bullrun and of course people will go crazy when they saw other people's asset multiply several times in short period.
33  Alternate cryptocurrencies / Speculation (Altcoins) / Re: how do you see the market? on: September 30, 2018, 04:40:15 PM
I don't see anything wrong with your strategy but $700 is triple the price right now and if eth is gaining that much momentum to reach that price again then there's possibility that It can reach ath and surpass it again so why don't you hold longer? if you plan to sell at your entry price and break even then in my opinion it's waste of time, why invest in the first place if you don't want to earn some profit.
34  Alternate cryptocurrencies / Altcoin Discussion / Re: Most Altcoins Discussion Are About ETH on: September 30, 2018, 04:26:58 PM
That's because most of the altcoin use eth smartcontract so they are going to be affected by eth price movement, it's kind of the same like when bitcoin price move then other coin price will be affect aswell. It's one of the advantages and disadvantages as we've seen in the bull market their price went up a lot following eth price increase but in the current situation if the project doesn't show any progress then their value will slowly go down.
35  Alternate cryptocurrencies / Altcoin Discussion / Re: When will the MARKET increase? on: September 28, 2018, 04:43:53 PM
No one knows when the market will rise again but if you invest in crypto for the long term then you shouldn't care that much about the price movement in the short term. The one that panic sell are those who bought at the top, if they cut their loss early then maybe they can turn it around by aiming for the rebound each time or they can accumulate cheaper coin for the next bullrun.
36  Bitcoin / Bitcoin Discussion / Re: Bitcoin is independent? or depends on fiat currency on: September 28, 2018, 03:50:44 PM
bitcoin will be independent from fiat but right now its value is measured by fiat as the adoption is low, but I believe some years later when bitcoin is far more popular and become the main currency then it will be completely independent, but that's still far in the future though. We only use fiat to measure its value, but bitcoin itself grows on supply and demand of the market.
37  Bitcoin / Bitcoin Discussion / Re: Why investors invest in bitcoin though some of them loose it ? on: September 28, 2018, 03:05:15 PM
It is because they believe that in the long term the price will go up, it increased to 20k because of media hype in the first place not an organic growth so it's not weird to see the bubble pop, right now we are still in the downtrend but it won't go forever as the potential of bitcoin and crypto is still there thus in the long term the price will go up again. People who invest in the long term won't matter short term price that much and right now is considered good entry point.
38  Alternate cryptocurrencies / Altcoin Discussion / Re: The Exchange coin trend, Will all exchanges soon have their coin? on: September 27, 2018, 02:42:57 PM
Exchange is a great business in crypto so of course everyone want to open one and they use the coin to raise the capital needed for the development, operational and marketing purposes. It's a good business plan and the people that buy the coin are also happy if the volume in the exchange is getting bigger and bigger. You can also see exchange that have their own coin is more popular right now.
39  Alternate cryptocurrencies / Speculation (Altcoins) / Re: when altcoins stop following bitcoin price ? on: September 27, 2018, 02:22:39 PM
As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
When there's more fiat pairing in the market then that kind of situation will happen, right now it's impossible to do because most of the trading pair is against btc so of course the movement of bitcoin will affect alts a lot. Fiat trading pair is very important because the price will be solely affected by the development and the performance of the project, if the project is really good then the price will go up without bitcoin hindering its movement.
40  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto like a fulltime job on: September 25, 2018, 03:26:45 PM
I am not ready to give up my job for crypto, although I earned quite a lot from crypto but I always treat it as additional source of income, crypto is still new and not a reliable source of income in my opinion as it's similar to stock traders. I prefer to invest some money into crypto and reap the result a few years later but for now I will continue to treat it as secondary job.
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