Latest posts of: Webberson

Quote from: Kay94 on July 25, 2018, 11:43:01 AM

I have seen that most people investing now in BTC are afraid of loosing some amount of money when the price declines. I have monitored so many post and I have seen that in their post that's they mean but they wont voice it out because they know people might condemn them. I have sat down and realise that no matter how BTC decreases in price I have nothing to loose and I don't care about it because for the past months I joined this forum have seen much teachings and education from the crypto enthusiast. I now know BTC can do miracles just in a second or twinkle of an eye

. What do you think guys? Do you agree with me? Your comments and suggestions are welcomed.

Having more insight on bitcoin through the teachings and educations from crypto enthusiasts, does not really entail that bitcoin should be seen as a miracle worker. It is how you engage in it that determines whether it would work as a miracle for you or not. It is all about getting the right knowledge and application.

Most people that want bitcoin to die, can still not phantom the reason why the digital currency is still in existence despite all the negativity revolving round it. It can therefore be said, that bitcoin has the potential of becoming known and accepted by the general public, in future.

Most people have actually assumed the death of bitcoin and are waiting in anticipation for the digital currency to come to an end. Despite all the negativity regarding the currency, it still proves its existence by staying in the market and being used to make transactions.

The word safety is a term that should not be tagged with bitcoin investor, because bitcoin is actually an innovation that is not yet accepted by the general public and those that engaged in it, are known to be taking a certain level of risk.

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According to the definition of what a currency is, as being "money or other items used to facilitate transactions" i think in this context that bitcoin satisfies its nature as a form of currency, because despite its volatility and lack of acceptance, it has been seen as a means of facilitating transactions.

Being that cryptocurrency has not been globally accepted because of its regulatory challenge and other challenges, it can therefore be said, that those who engage in it through either investment or usage, are risk takers. But such risk has actually turned-out well for some individuals.

As far as the market is concern, there will always be predictions made by individuals to know where the market would move next, for them to either have an entry or an exit. But be it as it may, there is no certainty in any prediction and therefore, should not be solely relied upon, it should only serve as a guide when making analysis.

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Thanks.

Trading might seem difficult to most people and must have said to themselves after having huge losses that they would not trade anymore. But the truth is that trading can yield you more profit in the shortest time possible, the only thing, is to master the craft and have a working strategy that can maximize your profits and give you your earnings rather than losses.

Trading requires risk and the risk here, need to be a calculated one. Having a calculated risk, means having a working strategy that can earn you profit. Mistakes traders make, could be as follows: not having a working strategy; trading with emotions; not applying risk management in trades; greed, and so on - as it varies by individuals.

If i'm actually required to chose between short and long term investments, i think i would rather chose both because i could share my investment capital to engage in both, and the digital currencies i would prefer, will be bitcoin and ethereum because of its usage and popularity.

Being calm when market falls is not really a thing an investor losing money would like to hear, most especially when he/she has huge funds invested in it. But be it as it may, it is actually the best trait to have at those times and waiting in anticipation that the market comes back up.

Bitcoin had been in existence for some time now, but it was the awareness created by individuals and groups that really brought about its popularity. Therefore, it can be said that awareness created actually influences bitcoin, but it being the biggest influence, that i can't really say - as there are some other factors that could influence the digital currency even bigger.

It is not arguable that bitcoin is the most popular, recognized and used digital currency, which has actually been ranked 6 on the currency chart board. Ethereum on the other hand also has a good platform that holds other coins, which indicates a solid foundation for investment. Being that bitcoin's price is way too high, i will prefer investing in Ethereum.

At this early stage of cryptocurrency, i believe that any time is always a time to buy bitcoin, but the best time seem to be when price is at its support level. The market will always have an up and down movement, which indicates that you would always make profit from your investment, only if you do not embark on panic sales.

Bitcoin is a new kind of currency that i believe has come to stay. Investing in it should not bring about losses, except those that must have embarked on panic sales at some point. I am currently having a loss on my investment and not in a state of panic because i believe it will appreciate in times to come.

Though cryptocurrency was meant to have a decentralized nature, but having more regulations for it, would not be a bad idea, in as much as individuals and governments would come on board to accept it. This will in turn bring more investors into the crypto world.

The job of finding good cryptos this days can be very difficult, as most scammers coming up with fake cryptos are stepping up their games towards making the scammed crypto look real and with good potentials, solely to get investors. Having said this, to find a good crypto, would require carrying out a scrutinized check on any crypto you intend investing in.