Bitcoin Forum
May 29, 2024, 03:23:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 »
221  Alternate cryptocurrencies / Altcoin Discussion / Re: Scam Projects and Bounty . Way forward?? on: December 22, 2019, 08:20:24 AM
there is no way we can do to combat fraud in this cryptoqurrency space, it's just that you can still avoid it by not participating or not taking part in any project. I know that the fraud project has been here for a long time and it will continue the next day. this is a risk of becoming a part of the crypto industry.
Well it is hard to do so because our natural behaviour is to find bounties or projects and join them to earn some profit and sometimes we can't control ourselves once we see one but the best thing that wr can do is to do some research about what you're joining so that you can not be ignorant about it when you join and also it can help you figure out if that project ot bounty will survive for some time, indeed it is risky and we can't directly fight those things but some research and self-control can help us avoid and locate those kind of things.
222  Alternate cryptocurrencies / Altcoin Discussion / Re: How to prepare for long term HODL on: December 21, 2019, 11:50:23 PM
I am not buying to this HODL long term anymore. Especially for Altcoins, I might consider hodling those coins that already have made their name but for new coins. I would try consider buying them but sell it when its peak and jump ship to another coins to earn another possible profits.
Well you should really not plan on long term holding a new coin because it is way too risky specially when you really have zero knowledge about that coin but if you do follow that coin and its team before and after its release then you should have enough thoughts whether you will hold or not. Holding is fine its just you need to do those points that the OP gave us and when holding you should have lots of back up plan reserve incase something happens like when the coin doesnt seem to show some hope in increasing.
223  Alternate cryptocurrencies / Altcoin Discussion / Re: Scammers are smart as well. on: December 21, 2019, 11:57:05 AM
The scam projects usually have a too good to be true deals for the early investors and they keep increasing the bonus percentages over time. Something unusual happens during the ICO and they promise to fix this problem with various reshaped tactics. Wise scammers outsmart the average crypto investors and this is the reason why skills are as important as knowledge.
Indeed and i think their main focus or target is those individuals who didn't have so much knowledge about them because it is a bit easy to trap those people and make them believe that they are on a success project but nowadays even long time people here in crypto gets scammed because scammers always finds unique ways to scam people from newbies to long time crypto enthuasist so not only skills is rrquired but also self control and being able to analyze projects.
224  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which are your recommendations for best coins to invest in 2020? on: December 20, 2019, 03:05:04 PM
You should not think about any other Cryptocurrency, when you have Bitcoin available at a discounted price. Next year before halving the price of Bitcoin should reach $10k or more. This is a great opportunity for everyone.
Yes we should be really having more focus on bitcoin because i think 2020 is the year where things will get interesting for bitcoin specially the halving that can pumped up its price but we should also give a portion of our time and money to some really good altcoins in the market because tha can also give you profit like litecoin, eth, eos, xrp those coins are really promising.
225  Alternate cryptocurrencies / Altcoin Discussion / Re: Promoting cryptocurrency through altcoin on: December 20, 2019, 03:57:03 AM
all will depend on what the new altcoin will develop. if the new altcoin project has good ideas and innovations, I think investors will never hesitate to put their funds in and everyone involved in this crypto space will also certainly support to spread the altcoin project to the public.
Yes indeed a new and different vision of their projects will surely attract investors because nowadays most of the projects are just the same and we keep on seeing same projects so if a team that wants to develop a new altcoin they need to be on a different track, different vision but the same goal which is to innovate and with that thing i am quite sure that we will be able to spread about cryptocurrency and people will help in spreading it.
226  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the difference? on: December 19, 2019, 03:14:22 PM
I think in any goverment they can't replace fiat money, so difficult to change a national currency to be crypto. There are many program cashless with their own currency in every country. I think they just addopt the technology, remember that high volatile cash in value can't be accepted by people.
Cryptocurrencies are created on the principle of decentralization and anonymity, but all governments want to control cryptocurrencies to protect their economies so that they do not now recognize cryptocurrencies. But I think in the future, when blockchain technology is widely used, every community will create a type of cryptocurrency, which they can control, to represent them.
I think in the future most of the countries will take advantage of the capabilities of cryptocurrency and blockchain and i think that government will surely not create their own crypto because it is something they can't control, what will happen is countries will be paper less and they will digitalized their currencies and that's all. i think countries will not make their own cryptos for like what the reply said people will not accept a high volatile currency. In my understanding crypto is a decentralized system while digital currency is like a generalized term for currency whether crypto or fiat that is working through digital techs.
227  Alternate cryptocurrencies / Altcoin Discussion / Re: What should I do with a 1000$ and what would you do? on: December 19, 2019, 09:53:18 AM
I will not really put all into altcoins but instead convert some to fiat and day trade the rest ...I do not like long hold though which look different from others view.
Yes, holding a coin or other asset for too long is also not a good choice for now, because if I have $ 1000 will also do the same thing as you said, some I will exchange to fiat and the rest to trade daily on the exchange.
Well why won't you spare even a couple of dollars to invest with some really good altcoins like ethereum, it'll be a much better move in my opinion because in that way you can still have profit (if the price of the coin goes up) even though your day trading isn't that good and you don't need to hold it for a long time, just set a date where you'll exit and take your money back, that's what i'll do if i have a $1000
228  Alternate cryptocurrencies / Altcoin Discussion / Re: Gaming Is Key to the Mass Adoption of Crypto on: December 19, 2019, 05:57:01 AM
Undoubtedly, even if this is a small sector, the transition to blockchain means more space in terms of adoption. But is gaming a key? I am not sure. Because gaming is a sector where young people are mostly interested, and I do not think they are uninformed about crypto or blockchain. Instead continuing with a sector that is far from such innovations will cause to better results.
Yes a lot of youngs are informed about the crypto and blockchain but lacks the will to initiate to start exploring cryptocurrency but the game could be a key so that they can adapt to cryptpcurrency, developers can make the game like how games are like in these days but the difference is you can earn real crypto and use crypto inside the game. The game should looks like it is explaning and doing a demo to the player about what you can do with your cryptos and i am quite sure they will not just be informed about crypto but they will adapt, they will become crypto enthusiast.
229  Alternate cryptocurrencies / Altcoin Discussion / Re: How NOT To Get Scammed on: December 19, 2019, 02:57:25 AM
Bookmarked! This is a great read and reference on how to avoid being scammed. I guess we should always spread awareness so that scammers will be lessen if not completely eliminated. We should continue this advocacy to restore the goodness of Bitcoin and Cryptocurrency.
Whenever I see that someone is interested in investing in this market and it's really hyped about all the profits that he's going to get I always try to calm him down and bring him down to earth, being enthusiastic about this market is great but if you believe all of those lies about being able to become rich very quickly then you are going to become one of the many people in this market that have lost everything that they had because they invested in bad coins.
Yes that is why self-control is a must have here inside the crypto world because it can save you a thousand times from being scammed by strangers in the internet. I known a few friends who lost some money just because they're not thinking first about their actions and in result scammers take advantage if it and scammed them. We all need to remember that a having a good self-control will help us avoid scammers.
230  Alternate cryptocurrencies / Altcoin Discussion / Re: How to introduce crypto currency to newbies on: December 18, 2019, 10:01:51 AM
I personally got interested in cryptocurrency when I saw the possibility of earning so much money through the volatility of cryptocurrency. I believe this would a great way for introducing newbies to cryptocurrency. Telling people of the financial possibilities of cryptocurrency would lure them to the industry.
Indeed there is no best way to teach them aboyt cryptocurrency than telling them that they will gonna profit in this even without investing some money and honestly i think that most of all or maybe all of us are here in crypto world because of the money.
In my place i would give them some crypto's to start with and would teach them how would they make that money grow and i am sure that they will surely have interest with it.
231  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins to go crazy again once Bitcoin reaches 20k? on: December 18, 2019, 02:41:53 AM
Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?
yes  possible. when bitcoin  going to 20k it mean bitcoin halving happen. Previously when bitcoin halving it also affect in altcoin, altcoin increase  high price
  so waiting   to bitcoin halving or bull run and altcoin season coming. this best moment to take profit from altcoin and makes successfull in era  cryptocurrency

For now the question that is in my mind is when bitcoin will reach $20K.
Today, another dump has been witnessed, btc drop $6K after holding at $7k for awhile and it looks like this year is not going to end up at a good price.

We are thinking of $20K but if btc dropped again at $3k, I think we need to start over again by next year.
I think bitcoin can reach $20k next year after its halving and surely altcoins will follow bitcoin's trend but as of now it is a very hard situation where bitcoin continues on dropping and in my opinion it will go down below $6k by the end of the year so next year bitcoin needs some work in order to bring back its price and to reach much higher coin price and so that altcoins will follow its trend and also reach higher market price.
232  Local / Others (Pilipinas) / Re: Anung dapat nating tandaan, at dapat maging maingat ngaung darating na pasko on: December 17, 2019, 02:10:53 PM
Actually hindi lang tuwing pasko maglilipana yan maging maingat na lang all the time, madaming nag seshare ng experience nila dito about sa mga fake site kahit hindi pasko kaya kailangan talaga na maging maingat at the same time set aside yung greediness sa mga free na inooffer ng mga yan.
Mas madami lang talaga ngayon, mga sinasabi ng promo na Ida direct ka sa link nila. Kahit mga bank may mga text ng promo na pwedeng gawin dahilan para magloan or fill up ng account so beware kahit hindi pasko, wag papasilaw sa mga promo or sales nila.
Tama kahit hindi pasko marami pa ring nagkalat na links sa internet na iiscam ang iyong pera at sa panahon ngayon na pasko nakakaisip sila ng mga paraan para maattract yung mga tao sa pangiiscam nila. Sa panahon ngayon dapat alam na natin yung scam sa hindi dahil ito ang isa sa mga pinaka kinakailangan mo sa loob ng crypto world. Suggest ko na wag gagamit ng iisang email lang dahil once na malaman ng iba yung info ng email na yun, maaraming makuha lahat ng pinaghirapan mo.
233  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins prices are bleeding heavily on: December 17, 2019, 11:34:38 AM
I guess we facing back again the bearish market, as you can see the prices of cryptos are now bleeding especially bitcoin it drops down at $7000 below and
 I think it will continue to go down. Let's hope a good market in the next year.
My guess is it will go as low as 6500 dollars and investors will really need to have lots of patience and good strategy on how will they react to this kind of market, they need to utilize their resources in order to get profits.
Same thoughts with you bro, crypto will experience a good price pumped next year because of the companies partnering with crypto and also because of the halving.
234  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Suggest me some Good Altcoin for longterm Hold on: December 17, 2019, 07:26:39 AM
For holding go with the most secure stuff. BTC and ETH make the most sense. Anything smaller than XRP and you risk being a victim of market manipulations and almost sure to lose your capital longterm.
For the long term investment, investing in the BTC and top altcoins are my choices. Compared to the highly risky coins, the ETH has made a new announcement regarding the ETH 2.0 platform and Istanbul hardfork which will increase the block size-speed of transactions.
The long term investment you mentioned for bitcoin and major coins is indeed a common choice and is quite safe, but for greater profits, it's better to try to invest in good new projects like BNB and Harmony
Well yes there is no doubt about people picking bitcoin to invest with but the OP ask about altcoins so bitcoin is out of the options. I mostly but not always look at cmc to check which coins are in the high ranks now and are also popular and indeed ETH is such a great altcoin to hold for a long term investment but you can also search for some new coins or lower rank coins that have a good team so that even though the coin isn't that popular you can still be at ease that you'll have a high chance of getting a profit with that coin in the future.
235  Alternate cryptocurrencies / Altcoin Discussion / Re: SCAM ICOs, what we can do? on: December 17, 2019, 05:17:50 AM
I also dont know how to punish those scammers,  im also a victim of scam ico,  but i learned a lot from those experiences i hope you too, if you still want to invest what i suggest to you is to try ieo from binance,  or other legit and big exchanger.
The best way to punish those scammers is to ignore them, to be not entertained by anyone in the crypto world because that's their first objective to be known by someone so that they can scam that certain individual. Same with you man i also got scammed by ICO projects and after that i raise my standards about projects and do lots of research before investing so that it won't happen again.
236  Alternate cryptocurrencies / Altcoin Discussion / Re: Just earned my first 9$ in Bitcoin Cash, how can I grow it? on: December 15, 2019, 11:37:01 PM
With only 9$, i suggest you to deposite to betting site to start gamble or just have a good dinner.  9$ is a small number to invest anywhere and its more difficult to start in cryptocurrency. You will facing to many fee and with only 9$, fee may lots more than your profit.
Yeah it is totally a small amount of money and indeed he/she will be having hard time playing with that $9. I think the OP should start collecting more coins in bounties or anywhere he/she can get coins in order to have money enough to be use in trades and i am quite sure that you will surely grow the money that you will invest.
But i don't agree to put it in gambling because you might just lose that $9 and yes there is a chance to win but for me i will not risk that money if that's the only money i wanted to put in crypto, better to store it and wait till bch have a price increase.
237  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Has the crypto market reached its bottom yet? on: December 15, 2019, 03:18:24 PM
Since this thread was created the cryptocurrency market is still quite good and looks already low because sometimes it has reached a high rise, but a few months after this thread the market continues to deteriorate and get lower. I think now is the lowest situation but it can also go down again if bitcoin doesn't come back healthy.
Same thoughts in my mind and i think that it will still reach a lower price and investors will be in a tough situation in these days because of the very down market because they cannot have any profit but at the same time it is also an opportunity to buy more coins.
In my opinion the market still haven't reached its bottom and will continue getting a little bit low but it will soar high again because of the halving happening next year.
238  Economy / Trading Discussion / Re: Traders who never bother to learn how to trade on: December 15, 2019, 01:24:18 PM
Traders who never bother to learn how to trade will lose money constantly. Nobody can help these people, and until they realize they will have to learn if they wish to make a profit they will lose money. We need to learn all the time, you learn about basics in trading, later you learn tricks in trading, and if you continue to learn you will learn about what is best for you.
Yes that is why knowledge is power, specially here in the crypto world even though you do not have good amount of money to invest in cryptocurrencies but you have a good foundation of knowledge about the trading, you will surely succeed in your trades and being a good trader also requires good set of attitude that can help you go through the market trends without your attitude making you hard to decide what to do.
239  Alternate cryptocurrencies / Altcoin Discussion / Re: Why we buy new token or coin? on: December 15, 2019, 09:27:43 AM
Each investor wants to earn and get quick profits, so he invests in new tokens. Now on the cryptocurrency market only speculation with tokens is used. There are a lot of promising projects that you can invest in, the main thing is to carefully analyze each project before investing. Of course, many investors believe only Bitcoin and do not buy new tokens.
Yes it is true that there is a lot of good projects that you can invest with but i don't think their reason for buying new tokens is because of fast profits, i think it is because they wanted to gain profit in that coin once it get stronger in the market in the market and they we're giving it a try and testing the potential of that coin but of course no coin can head to head with bitcoin as of now.
240  Alternate cryptocurrencies / Altcoin Discussion / Re: Day Trading or Long-term Hodl? on: December 15, 2019, 06:58:06 AM
Day trading and holding in the long term, both of them can make a profit together and everyone must have their choice according to what they can do. For me personally to do day trading we need to understand more about trading and how to read charts to estimate what we will get and determine the right point to get out and buy the coins we have.


Absolutely correct mate, we all have our choice in whatsoever we do in real world and also in cryptocurrency. Day trading is good for me since I got into the industry. I have made a lot of gains while doing day trade but, sometimes its get messier.
Long-term holding at  this bearish market look more profitable to me because, loose is been minimize to it nearest minimal.
Like what you've stated you see long term holding now as a better option and i think that concludes that we should be able to do both day trading and long term holding so that we can utilize each thing and maximize the profit that we can possibly earn here in the crypto world but of course it requires you extra effort because you need to know how to do both day trading and long term holding.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!