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61  Economy / Economics / Re: How bitcoin can help for working abroad specially OFW on: July 29, 2018, 04:59:23 PM
OFWs send about US$24 billion in remittances each year and pay expensive transaction fees. Bitcoin remittances eliminate these fees (via digital wallet) or significantly reduces them (through Bitcoin remittance exchange providers).
62  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you still support Ethereum? on: July 28, 2018, 05:05:27 AM
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.”

Ethereum is far superior to Bitcoin’s blockchain
63  Alternate cryptocurrencies / Altcoin Discussion / Re: How important is a community behind a crypto project? on: July 28, 2018, 04:24:31 AM
Only 54% of all cryptocurrencies and ICOs from 2017, are still operational. Almost every second cryptocurrency project last year failed. A trend which tends to reflect, either the drawbacks of the decentralised nature of such projects, or the lack of a clear community engagement strategy.

Being able to effectively engage a community requires choosing the right marketing strategy, particularly managing the various platforms on which you are likely to communicate the developments of the project. For digital currencies, commonly used social media platforms and communication tools include Telegram, Discord, Bitcointalk, Twitter, and Reddit.

The right level of resource commitment for the engagement strategy is also an important consideration. A return on investment should not be sought immediately, as an upfront cost is generally required to create the community and generate interest in the project. Community engagement should form an integral part of a new cryptocurrency’s go-to-market plan for the following reasons:
64  Alternate cryptocurrencies / Altcoin Discussion / Re: Future of cryptocurrency this 2018 on: July 28, 2018, 04:10:55 AM
Since 2009 every year, we saw lot of people claiming that bitcoin is going to burst, the bubble is going to burst, and bitcoin made in through 2018 too. and i am sure BTC and all crypto market will survive another year and so on every year.
65  Economy / Trading Discussion / Re: Checking crypto prices on: July 25, 2018, 03:41:56 PM
a lot about the types of people who are investing in crypto. I believe that the people who invested more than 90% will tend to be less financially responsible since many of them are trying to get as rich as possible from crypto and don’t really have a backup plan if crypto were to fail. Within this group, I think that many are comfortable with the risk of such a risky investment while others may be desperate and understandably caught in the FOMO and hype behind crypto. While this size of an investment is financially irresponsible and I personally couldn’t put so much of my savings into a market as volatile in crypto, I genuinely feel that if these people were to hold a diversified investment which is primarily made up of large cryptos, then the chances are that cryptocurrencies will treat them well and the gamble will pay off. On the other hand, I imagine that the bottom 10% are more financially responsible, many of whom are probably experienced investors or people casually investing who are hoping for a comfortable profit a few years down the line.”
66  Economy / Trading Discussion / Re: The best time to take profit in Trading on: July 25, 2018, 03:17:10 PM
Now that my initial crypto investments are growing I want to maintain growth, cash flow and a safety net for losses. I read somewhere that a good crypto strategy is to take 10% for every 10% gained. But you are always stuck w the same investment. However I was thinking of growing the pot as well. Does taking 10 for every 15 gained make sense?
67  Economy / Economics / Re: Bitcoin and Future of Economy! on: July 25, 2018, 02:51:24 PM
Are digital currencies a scam or the holy grail of financial liberalization? If past disruptive innovations serve as an example of what to expect from digital currencies, then the answer is likely neither.  The three phases of disruption that we have seen through the history of technology are likely to play out in the digital currency space:
68  Economy / Economics / Re: Crypto replacing fiat? on: July 25, 2018, 02:43:39 PM
Cryptocurrency also has some hurdles to clear before it can be more widely adopted as a standard means of payment. The main obstacle is identified as being the volatility that some cryptocurrencies exhibit since the valuation of most cryptocurrencies is supposedly not “well anchored”.
69  Economy / Economics / Re: How to manage the risk in investing cryptocurrency? on: July 25, 2018, 02:38:04 PM
Since I don’t plan on exiting cryptocurrency any time soon, all I can do is minimize my exposure to this risk through diversification. This mitigation strategy has the added benefit of hedging against other risks, such as government bans or any other negative global sentiment change.

I personally invest as follows:

60-70% investments in “core” safe bets
20-30% in riskier but higher-reward bets
10% in high-risk, high-reward bets
Figure out where you want to be and tweak those numbers, but make sure you have targets. Have a plan.
70  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are your plans with your Altcoin? on: July 24, 2018, 03:20:58 AM
I personally put 70% in BTC and LTC then use the other 30% to invest in good altcoins like OMG, NEO and a few more.
Altcoins market is VERY CRAZY. You may gain a lot or lose a lot. The safest way I usually do is I buy these coins when it dips hard, like more than 20% 50% kind of drop. If you pick a good coins, normally it would bounce back. Now this is very important, once it hits your target profit, sell it. Don’t wait for it to get higher. Log in that profit back to BTC. It’s going to take a while and much practice. Stay with your plan, you will be able to do it.
One more thing, don’t ever sell at a loss unless you really have to. Most good coins always get back on tracks.

Hope this helps. I am also waiting to see if anyone share their secret too. :slight_smile:
71  Bitcoin / Bitcoin Discussion / Re: Who sells BTC now? on: July 22, 2018, 06:22:27 PM
I do not think any person who knows crypto currencies is in mood to sell bitcoins or other coins. People are piling these during low prices and in wait for boom of crypto.
72  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ICO die in 2018? on: July 22, 2018, 03:47:56 PM
I believe this is part of the reason why we’re seeing such a massive surge in ICOs, which, at the moment, are nearly unregulated in the U.S. and Europe. In an effort to bypass the rules and costs associated with getting listed on an exchange, many startups now are opting to raise funds by issuing their own digital currency based on blockchain technology. And unlike with private equity, smaller retail investors can participate.

Again, money flows where it’s respected most.
73  Economy / Economics / Re: Does money make you rich? on: July 22, 2018, 03:37:54 PM
Many believe that “only the rich become richer”, but that is not true.

Always remember this: it is not cryptocurrency, gold, real estate, stocks, mutual funds, businesses, or money that make you rich. It is what you KNOW – your financial IQ – about bitcoin, gold, real estate, stocks, hard work, and so on, that will make you rich!
74  Economy / Economics / Re: Cryptocurrency or Stock Market? on: July 22, 2018, 03:02:29 PM
Don’t get me wrong: I love cryptocurrencies. I have bitcoins stashed away for when they might take off. But I don’t see them as a safe investment. They’re about as high-risk as you can get, and I’m prepared to lose them all in case they suddenly go to 0.

Cryptocurrencies are high-risk, unregulated, untested digital assets. Crypto exchanges go bust about every once a month. You lose your money if they do, since there’s no regulatory body like the SEC of CFTC when things go wrong. I say untested even though I read the bitcoin source code and know the math works out, but people thought https was secure too - until some critical bugs (in OpenSSL) were found :-)
75  Economy / Economics / Re: Investment in Bitcoin vs Investment in Education? on: July 20, 2018, 05:37:10 PM
Investment in education has no comparison with any other investment but i saw many uneducated men becoming the richest one. but i think money is not everything so i am with Education
76  Economy / Economics / Re: How will crypto go long term? on: July 20, 2018, 05:35:28 PM
Do you think the crops , vegetables , minerals , lost their values, no they didn't so same crypto currencies will not fade
77  Economy / Economics / Re: Bitcoin volume is still rising ? on: July 20, 2018, 05:32:14 PM
in each and every aspect Bitcoin is rising and will keep rising. i am seeing that world will accept crypto currencies within next 5 years
78  Economy / Economics / Re: US Congressman gets paid to trash Bitcoin on: July 20, 2018, 05:19:32 PM
or may be he want to buy some at low price . I think that these political biased people should be ban from commenting on crypto
79  Economy / Speculation / Re: SELL EVERYTHING!!!!! on: July 20, 2018, 05:15:09 PM
I think the Satoshi never made the bitcoin with the idea currently we have right now . Bitcoin is meant to ease the process of payments and transfers. People should avoid from the trading stuff currently going on everywhere . it is not for day trades
80  Economy / Economics / Re: Confirmed, bull run begins now, what expectations? on: July 18, 2018, 06:54:50 PM
I am with it , i am sure it will rise again . crypto currency is now only solution our financial issues needs
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