Latest posts of: Daseento

Selling at loss is not an option. I have deleted applications that might want to increase my BP till whenever the bulls decided to return to the market. More so, I ensured that my private key is well stored and I'm actively job hunting to diversify my earnings.

I think it's safer to wait for listing before committing funds to any projects now. My experience with ICOs this year has taught me a vital lesson. Most ended up listing below ICOs price causing loss for investors. If there's any project I'm convinced of nowadays, I exercise patience till whenever it get listed.

You share my view too. Where I once thought to be the "dip" has gone further to be "dipper" and before I could say jack, it's now "dippest". Coins have been exhibiting abnormal behaviour this day and only a full recovery that is major pump can revive lost hope.

Let's assume this come into reality. Then we early adopters of the system will become the new world billionaire playing the role of Bill Gates and others. But seriously, fiat will always be needed for transaction because the whole world is not digital yet and government will never want to lose its control over monetary and fiscal policy.

Quote from: NorihiroName on September 08, 2018, 08:26:29 PM

Hardly. I actually don't believe in existence of stable incomes in trading sphere because even bots cannot survive well such shaky atmosphere.

I agree perfectly with you. The risk of trading now is huge unless one is a wizard. FUD is everywhere and TA is really not realible like before especially during the bull run. The alternative is to consider investing in a solid project with huge potential.

That would have been possible in the bull season when crypto was experiencing uptrend movement but presently, it's not a good advise because the market is experiencing continuous dip in prices. What you can do is to identify a promising coin and invest for a long time say 2 to 3 years.

It's good in the long run eventhough the impact in the short run is negative especially on prices of crypto assets. This regulations is part of the reasons why we have witnessed huge drop in prices of coins but I have come to face reality that mainstream adoption cannot be achieved without regulations.

I think the sort of downtrend witnessed this year is beyond whale manipulations. Crypto thrive on its assume freedom from any legislation or whatsoever but ban from various government and regulations have limited its growth and many investors pulled out ( the so called whales) because no one knows the future. Whether it crypto would survive or not.

I don't foresee the bulls coming anytime soon even though many are expecting late last year upward trend. For the market to fully recover, a lot of good news to drive new investors is needed. I sincerely hope that we can start with ETF approval by Sec, then maybe 2019 will be another great year for Crypto.

In memory of bitconnect. The pyramid scam but don't be too harsh on your self, we are all wired to always hope for the best, its one common characteristics of investors. I would have invested in bitconnect but lack of funds at that time saved me from the scam. My advice to investors is never to ignore the warnings and ensure you do your research before committing funds to any scheme.

Most solid blockchain projects are geared towards solving a particular problem and to this, they often require fund which is why they conduct crowdsale and issue their token to the public. Moreover, even after project implementation and completion, more work such as improvement and expansion are often needed, this are some of the reasons for creating tokens.

Another reason why I think cryptocurrency is highly appreciated is the fact that you're absolutely in charge of your asset and is relatively safe if you make use of cold storage or paper wallet while in storing precious metals, most patronized major financial institutions and this come at a price.

The greatest gift is empowering them with useful skills. Most time, the cause of poverty is due to lack of employable skills by the indigent. By empowering them with skills, they have options of either taking a job or creating one for themselves. That way, you aren't giving them a fish but teaching them how to fish.

I finished high school in 2010 and even if I have $100 then like majority I know nothing about cryptocurrency. Well, I believe I'm still early enough anyway because adoption globally is still less than 10%.

Wow. It sounds so great but $1 million is a lot of money and majority will never make such money even if they save for 20 years. Moreover, It is possible to get tired of not working too or let me speak for myself, I enjoy working and would love to balance work and recreation than quit working entirely.

This is simply synonymous to taking power away from the government. An absolute absence of fiat currency in favour of cryptocurrencies poses some threat to government control of both monetary and fiscal policies which are both important economic control mechanisms. Moreover, it could lead to increasing laundering of funds, this are some of the reasons why I don't see crypto replacing fiat in its entirety in the nearest future.

The irony of life is when you attack a good cause, it keeps getting famous. That cryptocurrency still survived despite numerous bans placed on it this is a testimony that crypto has come to stay for good. I'm happy to be onboard soon enough.

I don't Fiat getting crashed. What I can predict is a complimentary financial ecosystem where both currency complement each other that is fiat existing alongside cryptocurrencies.

This is my gospel to my friends now. A downtrend is discouraging but without it the upward trend would never come. I believe the bull is near definitely, let's just wait and bid our time. We shall smile again.