here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.
any suggestion on how you save your money?
To save money usually I always keep record of what I need and count about the usual budget that I spend on my needs for 1 month, this is very difficult considering that human desire is not limited so I often sign important reminders if my expenses exceed normal limits, essentially the same like your suggestion. |
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Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?
What you exemplify is one of the reasons why the state does not accept crypto, if its citizens use cryptourrency to transact it will only increase the crypto demand and the government does not get anything, the government wants reciprocal benefits (no tax no profit and not be allow). One more thing about unilateral thinking by the government, as if crypto is there to help with crime is the reason why there are still many of the lay people not using and interested cryptocurrency. |
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If yes, would you invest in technology or industrial projects?
I still believe and try to invest in the ICOs project, so I think to understand more about the blockchain concept they are working on, the project support just good for those who invest in the project. Due to the large number of ICOs available, I think to be more careful in choosing ICOs, I hope there will be a body that researches and provides solutions regarding ICO scams and the number of ICOs available, especially on the ETH (smartcontract) platform. |
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I'm very panic today where I see the chart of the coinmarketcap which show in below. All the coins down approx 15 -20 percent whereas BTC and ETH are also very low. So what can I do where I buy BTC at $10k and ETH at $500 How much do you buy it? if that is a lot of money and you also don't need money better to hold it back, at least hold it until the end of 2018. you are in the wrong condition I'm sure you bought the coin maybe between january and february, my advice still holds and don't panic. that advice if you don't need money for important things, but if you really need the money the only way is to sell and I will not give the option to sell then try to recover your original funds because of market conditions that do not allow it. |
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There is a feeling of sadness, frustration and loss of enthusiasm, especially if you join for a long time and this is a good learning to be more careful in choosing which one is actually running the project or the scam. lately, many ICOs are lacking in funds to sell tokens, this may be due to a lot of distrust from users, so the bounty is not worth it so it's better to look for other ways to produce crypto.
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The reason ETH is so popular I think because they have a great marketing part, especially when ethereum there are also crypto who have experienced great growth, one of the launches of plaltform ethereum with smartcontract makes them famous and I think smartcontracts that make crypto grow even though the bad effects are happening now exploited by a scam ICO.
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
Worth or not it really depends on their potential, in my opinion the potential of coin or not can be seen from the user's interest and how they attract the users, usually when they become ICOs if they are potential investors will look at them, when we enter the market we will see the transactions lots and volumes of buying are also more, then about how the developer contributes for example by collaborating with great figures or projects with innovative concepts. |
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So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
In my opinion it depends on what causes the decline, I myself am more waiting because the market is very unstable compared to 2017, I also do not want to take a lot of risk in the current condition and better wait for the news and good signal to buy crypto. |
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I have never traded the stock market, but for trading cryptocurrency here where holders are the drivers of coin value changes, especially large holders, many say that the crypto market is a market that can be manipulated at any time by large holders (whales). For transactions fee you can see in coinmarketcap and choose a market for which the fee type is written with no fee.
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Where do you sell your coins ? i use a swedish Exchange to BUY coins, but they don't take sell orders lol.
thought it would be good to know a few sites if the big day to sell comes hehe
Why is there no sale of coins with Fiat, it's a local exchanger where you live right? I'm not from Swedish so I don't know where the exchanger is for you, maybe localbitcoins.com can help you if you still can't find what you're looking for. I sell coin to fiat always using local exchangers in my country and the service is good. |
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If it is logic that the world economy with regulations made by large countries for bitcoin such as restricting or banning the use of crypto will have a negative impact on cryptocurrency, this is based on market logic. I think someone has given you enlightenment that at the time of the G20 meeting many countries said neutral and cryptocurrency had little influence on the economy of the country in that country, only 1% of the world economy.
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As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of virtual currency or bitcoins.
Where did you take the conversation from? do not say that it is a parable or your imagination, some experts say that bitcoin or cryptocurrency has a high volatility and it is not recommended to be used as a salary payment, or payment that we usually do everyday. I do not deny that blockchain technology is the solution and the future of payment instruments but for cryptocurrency like bitcoin I think it is more feasible to be a high value asset, this is just my opinion please if you want to provide corrections. |
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The main reason for prohibitions is very simple. Transfers in a currency different from the national one, lead to poor economic performance, including GDP (one of the main indicators). This way, it is easier to launder money or transfer funds outside the country. Neither banks nor payment processors will get their interest.
McCall Robinson a manager of Merchant Accounts, believes that most countries prohibit Bitcoin because it cannot be regulated and he said that. "Many governments do not like the very idea that there is another form of currency that they are not able to control. The supervision takes place on the Internet. Some countries consider it as danger to their society and government.
From some of the articles that I read about the ban on cryptocurrency, for example, China is based because large users in their country cause economic influence, they also monitor cryptocurrency and are at great risk for several reasons that cause fraud. While money laundering is not right in my opinion because we know for ourselves that the KYC system is used now in many exchangers, careless actions if you use crypto to money laundering. So far only that reason I validate while the other is an assumption from the user itself. |
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KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?
In my country there are no government regulations where citizens are prohibited from investing in cryptocurrency, so far there is no problem for me if I buy crypto or invest in the ICOs project. at the G20 meeting my country declared neutral on cryptocurrency, but that does not mean crypto is legal in my country and not illegal. |
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So far the crypto movement as usual has fluctuated, I really appreciate users who are enthusiastic about the crypto market movements that have risen in recent days, but unfortunately we have to see more decline today, maybe because this situation is running from last month I think that crypto tends to rise and fall like this until the end of the year. I hope there will be good news that will change the current market conditions for the better.
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In my opinion , ETH is now more hot than BTC because the explosion of ICOs base on ETH Blockchain. During the recent dip, ETH price even a little come up, all altcoins and BTC holders lose funds but ETH holders still have profit. So i think that ETH will reach BTC price this year. What do you think guys?
You assume that ETH will reach the price of bitcoin just because of that? Is not that the decline that occurred in the ETH included in last week is deep. Regarding ICOs do you not know that crypto users lately are increasingly disbelieving in the concept or project of ICOs? I think if the distrust of ICOs is higher it will have an impact on ETH market demand because we know that ICOs use the ERC20 smartcontract owned by the ETH platform. There are many things that you have to pay attention to if you want to predict something big. |
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Lots of coins are coming in every month. But I can't know which coin will good in future, Always I face problem with my confusion. So, is there anyway to know which coins are good?
Thank You
You try difficult things, in my opinion you first have to understand what can make the market move up or down, try to know just a few of these factors first, if you have found these factors then learn about them, maybe for example the anouncement of the coins or You could say news, it is difficult to know which coins are good in the future but try to predict just a few weeks from coins if there is an announcement or news about the coin and there should be many other factors that you must pay attention to to predict good coins. |
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Today i am decided to that i want to buy some ETH but in this bear market i have get panicked because ETH is continuously dying. So what should i do now? Can i invest in ETH or not? Please give me some suggestion.
If you often panic and doubt then I suggest not to buy it, try to look for other alternatives that make you not hesitate to buy the coin, because there is a lot of coin I think there is something that suits you or maybe another solution is to encourage a new bullish market you buy. My advice is to prepare your analysis first and the profit target you want to achieve from purchasing the coin because this is the main thing so you are not confused when you buy a coin. |
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Short term or long term depends on the coin and where you have to analyze the future of the coin often, I personally think which one is more profitable back to the coin growth in the market, now I think the market conditions are good and especially lately that the crypto market is green and continues to grow.
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Does anyone here have a trading strategy where they look at functionality or the development team behind the coin?
I think in the current conditions where most projects are very incompetent, to look at functionality or the development team, this makes me hesitate to do so, I think the strategy that most traders use today is managing risk and utilizing small opportunities, but if you want to create a strategy based on the development team that is behind the project, my advice is to start to understand what will be made of the project and from which circles the project targets. |
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