Bitcointalk Username: Deppil Profile link: https://bitcointalk.org/index.php?action=profile;u=393563Rank: Hero Member Current post count: 2054 Bitcoin wallet address: 32a8GZyqrpvpjjsH1nuRg3KqTejHMnNL7F Depotwallet address: NCWDOS-VT3IAQ-DVGKSR-FSM74G-L3P27C-GVT4SS-EHEC Telegram username: deppilaw Wear appropriate signature: YES |
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there is no denying that the blockchain project is synonymous with fraud, because most people only see it as a comparison of bitcoin which has become an extraordinary digital asset. With the capital of a whitepaper and a vision to create revolution many people are deceived.
but not all blockchain projects are like that, this happens because of a lack of regulation, regulation cannot totally combat frauds . ive witnessed alot of regulated projects but they can still be bypass by fraudsters . we all cant prevent fraud because fraud is already part of the ecosystem ( not just crypto ) altough we can minimize the risk of catching them if we manage to plan our moves and decisions carefully . At least it can reduce and minimize the crime rate, when regulations are made of course there will be a verification of data in exchange or wallet, and that can minimize someone to cheat, because their identity has been seen by government |
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The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
The crypto market will take a longer time to recover again, it is now going up slowly, so I think that selling in this situation isn't the best decision. I prefer holding my coins and tokens actually rather than selling with the actual low rates; to make bigger profits in the future. Yeah it's also a good idea because the price isn't too high compared to last year. holding can lead to higher profits. but you should to have more patience for this, because prices might take a long time to recover, but if you want a quick profit then use the opportunities that come like now to sell and buy when prices fall back |
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for the time being I still prefer to wait. because it looks like the price of bitcoin is still not optimally up. still halfway up or deeper. even though the price of bitcoin fell again I didn't care, because I would still wait to get a profit rather than get a loss.
Look at the market now, price starting to crawl up. but you're right, the price isn't optimal yet to go up. prices may still rise more than $4k. for now I will hold it first. Bitcoin's potential to rise is still very large you know |
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Here it is difficult to solve unambiguously, but I think that if I appeared in a similar situation, I didn't pay taxes to the state for what they have no influence and that doesn't belong to them. The meaning of bitcoin is just the same to limit us from government interference, which means it can not be taxed.
Yeah you can say that. but in some countries, the government has implemented rules for crypto, some local exchanges are required to pay taxes, and the tax is taken from our withdrawal fees to cash, I think we should be familiar with that at this time |
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I am not comfortable with lending programs, as we have seen many times that scam ratio is too high. I prefer Forex trading, which is where you don’t have such risk to face, at least if you are with regulated broker like I am with FreshForex. I am not saying this is guaranteed profit thing, but scam is not a problem here. Lending with cryptos is one of the high profitable investment when we can make a trusted website for that,but still it is not created yet. But this is one of the must have business if the crypto currency becomes future of currency and most preferrable payment method to kill the traditional bank loans. I think it's still a high risk, in any online world can be manipulated including identity data. yeah this business is indeed profitable and tempting. but you have to tighten the approval process in lending, try to provide a more expensive collateral No investment is totally safe or risk free specially with lending business.This is very profitable but if you do able to handle the risk and manage this business carefully.If you even just handle or lend 3-4 people for monthly lend basis then it is already a good start up but you do always remember that asking for valid collateral is a must so that incase someone do scam or didn't pay you out you do still have the chance to pull out some amounts on the capital. The more borrowers of course the greater the profit you might get, but the risk will be much greater. yeah you need to manage it well, if there are many borrowers make sure you have employees to monitor and verify them. yeah thats why, collateral is important |
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Harmonization is what will enhance the existence of the cryptocurrency, this will only happen when government globally has a stack in the decision making for this to work out, thou crypto is still evolving and this might not happen soon.
For the future, it can happen using fiat and crypto together, where there are no more problems because fiat is a traditional payment while crypto functions digitally. People are welcome to choose which one to make payments. Today even though many people have been combined both, and the results are far better than using just one currency. there is no need to drop each other which one is better between the two, while using both of them simultaneously, provides easy transactions for you right, with the many choices of payment methods, of course, make consumers more free to choose. and I think this will have a good impact on the pace of the economy. Of course to drop fiat at this time is very difficult, even impossible, because it requires approval from all countries, because bitcoin does not only belong to a country we also don't want to drop fiat, because many people live from fiat also. let's now live side by side peacefully. if you want to use bitcoin then use it without vilifying fiat and vice versa, we can use both and thats much better |
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I am not comfortable with lending programs, as we have seen many times that scam ratio is too high. I prefer Forex trading, which is where you don’t have such risk to face, at least if you are with regulated broker like I am with FreshForex. I am not saying this is guaranteed profit thing, but scam is not a problem here. Lending with cryptos is one of the high profitable investment when we can make a trusted website for that,but still it is not created yet. But this is one of the must have business if the crypto currency becomes future of currency and most preferrable payment method to kill the traditional bank loans. I think it's still a high risk, in any online world can be manipulated including identity data. yeah this business is indeed profitable and tempting. but you have to tighten the approval process in lending, try to provide a more expensive collateral |
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Harmonization is what will enhance the existence of the cryptocurrency, this will only happen when government globally has a stack in the decision making for this to work out, thou crypto is still evolving and this might not happen soon.
For the future, it can happen using fiat and crypto together, where there are no more problems because fiat is a traditional payment while crypto functions digitally. People are welcome to choose which one to make payments. Today even though many people have been combined both, and the results are far better than using just one currency. there is no need to drop each other which one is better between the two, while using both of them simultaneously, provides easy transactions for you |
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It's very simple to avoid if the market is down and you don't like to loss your money just hold your funds and dont buy some altcoins that gonna kill your funds.  Absolutely right you are. Holding is the best way at the time of market down. By holding, we can avoid more loses. But some people are getting profit at the time of market down by different methods. Low price is also a chance for buying more and more. Thats right, the price down doesn't alway call to be a bad time, instead you can get a big chance to buy more at a cheaper price, it's also included in the profit right? the point is you have to know when the price falls, so you are prepared for it, like sell before it happen |
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Actually it is one of the hardest part of being a trader, it is not easy to exit in trading because it requires a lot of analyzing in order to know the best time to exit. I always using indicators for me to know the best time to exit and enter in the cryptocurrency market.
Yeah a trader must have an indicator when they have to sell, buy, or cutlose. of course the indicator must be made, so that when something happens in the market, they will not be confused about what they have to do, Usually some people will exit when prices fall to 5%-10% |
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Now the price of Bitcoin is at a very critical point and it is very difficult to decide between the possibility of going down and up. I think, it will attract new investors to Bitcoin some new news and developments are needed, I hope it will come soon.
Yeah the price hasn't seen a significant change, prices are up and down still in a small margin. but honestly I would not call it a critical position because the price occasionally increases even though it is small, maybe we will experience a high increase if some positive aspects come like trends and issues, and this year certainly positive issues will come, just wait! But isn't it a good time to accumulate? We're not in the critical position right now because the price seems to be stable @$3600 and there's no indication of an incoming drop. But the bear still on the top of the market and we need to break those mental barriers like @$4k to be able to see some semblance of a bull run. Thats hy I said we haven't reached a critical point yet, if possible the price could rise to $4k or $5k maybe a critical position could be there, because it would be a move between bearish to bullish, because basically people need a shock like price rise so they can back to buying bitcoin again |
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I'm interest in trading and I want to know more about it. So please give me your valuable ideas and opinions. As a beginner I would like to know that Is there any special ways to do trading without losses or in a manner which minimize the losses. Not only that please tell me Is it possible to start trading with a small amount of money at the beginning. Hope you will help me. Thank you.  If you want trade without losses, try to write your orders on the list of paper or in excel. But do not trade real money. You will get practice and experience, so then if succeed, start trading with real money  usually people called it as trading journal.so by making the notes for each our position could help evaluate our mistake when we make it.by trading journal we will know how effective our strategy to market. I think trading journal is not to make you unbeatable in trading. yeah I wrote down all the notes about mistakes, tips and tricks, strategies and so on. so trading journals can help to reduce the risk of loss, a defeat will definitely happen to every trader, all we can do is minimize the risk of loss |
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Now the price of Bitcoin is at a very critical point and it is very difficult to decide between the possibility of going down and up. I think, it will attract new investors to Bitcoin some new news and developments are needed, I hope it will come soon.
Yeah the price hasn't seen a significant change, prices are up and down still in a small margin. but honestly I would not call it a critical position because the price occasionally increases even though it is small, maybe we will experience a high increase if some positive aspects come like trends and issues, and this year certainly positive issues will come, just wait! |
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Your data, money or cryptocurrency is not stored on your device (phone, PC). It is on the blockchain network. You access using the private key. And the private key is already stored on your PC, phone or anywhere else.
And yes, the security of your data is very important poin. But remember, 90% security is a standard and very simple set of rules.
Why its important? Are you not afraid if your money is stolen by someone dude? whereas on the internet there are many people who have jobs as hackers? thats why security is important. You can't underestimate this, if you have experienced it, maybe you will be very concerned about this. starting from how to secure email, strong password, private key, your computer from viruses and so on |
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bitcoin cannot be regulated. only the cryptocurrency indexation and advertisement can be regulated, plus the usage of fiat style token.
bitcoin is defined in its code.
its idiotic that people ask this question at all.
the government does not provide regulations internally, of course it will not be possible, the government will provide regulations outside or around the use of bitcoin. such as the presence of KYC or something like that is a form of regulation that might be applied. it might have a positive and negative effect regulation cant be applied on bitcoin, how? can you explain me that detailed? and why should anyone have an interest upkeeping a regulation on "bitcoin" upkeeping regulation has costs. this forum is full of noobs that have no idea how the world works I think you have read it dude, regulations are given only to centralized products, while decentralized technology, regulation will not be able to be applied as a whole, even if you do not follow the rules and regulations, you can still use bitcoin? what I mean is that regulation can be done outside of the bitcoin system itself |
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I have teached my children’s in their younger years ,but the sad thing is I don’t know crypto wayback so I didn’t have a chance to make them learn this soon.
I agreed on this idea and if given a chance for sure i will do the same way
I disagree here. Small kids will simply do not understand anything about the cryptocurrency. Yes, teenagers can do it, but not the youngest generation. We are not yet ready for all this stuff, man. Absoultely right, what do you expect from a kid ? all they know is playing. they don't even know the real function about money? yeah teenagers can already earning because they can already think about it, while small kid can't |
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Depends on what and how bitcoin is going to be regulated. If it brings some strict regulations and imposes policies that favors only the government, then it won't be beneficial to the community. Instead, it will end up being a centralized currency. There will be no difference between other digital currency and bitcoin. Now we don't what that, do we?
Yeah it depends on some aspects such as what rules the government makes, when there are limitations in usage, maybe it will be detrimental to investors and users. but for required data verification, some users may still approve it, as long as bitcoin is legalized and many merchants will accept it, so that bitcoin is easy to use, its not a problem |
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