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Messages - bityndye
Pages: 1 2 [3] 4 5 ... 14
31
« on: August 22, 2018, 04:32:39 AM »
Media is against because simply the government is against. It won't fight the introduction of bitcoin if the government recognized the system of cryptocurrency. We cannot blame media as they are just controlled.
Some media knows that bitcoin is not that bad as what they want the viewers will perceive but then they cannot do something about it if the higher-ups would opt for them to report something about the negative sides of bitcoin instead of the positive side because they may be accumulating as well so it would be for their advantage if many holders would decide to sell what they have so that they can buy it cheaper.
32
« on: August 22, 2018, 04:21:15 AM »
Btc is really king of crypto currencies and many are accepting btc as a payment in their transaction. What if someday someone that has bitcoin come to you and offer his/her one btc in exchange for your house and lot, or any kind of private property, will you going to accept it as payment?
Me personally I will not,house and lot never lose the value but it increase yearly depends on the development of your place. And aside from this there are many groups out there wanted to overthrown btc and I had a feeling that this may come not although not today or but maybe after 10years from now.
How about you will you going to take risk your private property, let's 1 or 2 bitcoin for 1 hectare?
I would accept and then I wouldn't just let my bitcoin sit in there waiting for the price to increase but I will use it to trade because I would have a higher chance of having more bitcoin when I trade it. It may not be looking good for now judging by how the market works wherein it is very volatile but still if I would do it every day then I would eventually have a trading strategy that would help me in having profits.
33
« on: August 21, 2018, 05:04:45 AM »
I will go with the flow. When the market falls I will not panic for it won't help me to have peace in mind. There is a tendency that panic will kill me not to believe in crypto anymore. It is good to have peace of mind by dealing in crypto market flows. Confidence and courage must be our attitude to make some goods for cryptocurrency and for our own.
Unfortunately, not everyone can be calm when it comes to trading or investing in cryptocurrencies because there are times when you just can't avoid being emotional hearing all the FUDs and the statement bitcoin is dead a lot of times. If you just join the crypto world and this is the first thing that you will encounter, you may just back out and not turn around again. Those who have funds were able to accumulate at a low price while those retain investors just practically almost give their coins to those kinds of people when you panic.
34
« on: August 20, 2018, 04:55:22 AM »
The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.
It is important that you know when you should sell your coin because when the price goes up, you will become greedy hoping for the price to go up more and more often than not, you will end up at a loss seeing the coin suddenly drop. It is smart for me to hold a coin that has been existing for a long time like bitcoin and ethereum because these coins have shown that they can withstand any market situation.
35
« on: August 17, 2018, 04:50:06 AM »
It is better to practice which is which. The strategy that makes you more profit is the effective one to practice. To practice the strategy will make you perfect in slowly but surely application. To hold or trade is good in a matter of time. The right time is what matters.
What do you think?
Holding in a bear market is a bad decision for me because it would just make my portfolio bleed. Seeing the reaction of people nowadays wherein they regret not selling earlier makes me think that holding in a bear market is a bad idea so I would rather do trading because even though I am still losing at times, I am still learning and I can just trade whatever market condition it is.
36
« on: August 16, 2018, 04:55:59 AM »
Ethereum is the candidate for that as it is the second in line of bitcoin and it has been use for its actual use case in which most of the coins aren't use for it that's why it has the possibility of getting the spot of bitcoin. Before, ethereum has been use more by bitcoin as a payment optiion than bitcoin because of the fee but recently, ethereum network is often clogged so the fees would increase resulting to bitcoin having lower fees than ethereum so I think bitcoin would retain its position for long time as long as it is in demand.
37
« on: August 16, 2018, 04:42:52 AM »
May i know what's the best thing to do in order avoid from being scammed?
Choose a manager that has a reputation of paying bounties. Through this way, you are half as sure that you will be paid because there are times as well when the manager cannot do something if the team decides not to pay the participants including the bounty manager. Choose also as much as possible a bounty that has an escrow since you are sure that the coins for bounties are already reserved and it would just depend on the one handling the coins when he would issue it.
38
« on: August 15, 2018, 05:08:59 AM »
Do you think crypto is our future? Why do you think it is so?
Yes, cryptocurrency would be a good option for companies to have an efficient transaction and it would also be a good payment option because of the faster transaction compared to fiat and the elimination of middlemen would reduce the cost as well so it would mean bigger income for the companies. It would be a good idea for them to adopt cryptocurrency as early as now because there would be more competitors in the future.
39
« on: August 15, 2018, 04:54:42 AM »
Guys, i lost half btc in some circumstance and rest of my altcoin in also down position so in that moment what should i do?
give me your suggestion.
Market just keep going down so you can just continue earning from the campaigns because in that way you can still earn coins in exchange for your time so it would be better than losing more from the market by trading. Most of the time, you would be emotional when you are trading so better give it a rest and maybe watch more videos about trading to improve your strategy.
40
« on: August 15, 2018, 04:47:19 AM »
I don't know how many of you have made saving of coins for the future, please share your opinions about it and which are the coins? Thank you very much.
If it's for the future then I am saving bitcoin and ethereum only. The rest, I would sell it when there is an opportunity in exchange for the former coins because these are the coins that are in demand and use for its actual use case. The rest of the altcoin are either developing theoir project or the coin is already dead that's why its value is slowly going down because there is no demand anymore.
41
« on: August 14, 2018, 04:50:09 AM »
It could be worthless or it could be tenfold or even hundredfold of its price now. If you are willing to take the risk of holding the coin then go for it but then I would advise to take profit from time to time because price is so volatile that you maybe in profit now but the next time you check it, you are already at a loss. Given the situation we have now, people are again bearish because of the break of support of $6k and some even speculate about a price of $1k for the long term.
42
« on: August 14, 2018, 04:32:06 AM »
For now, bitcoin would be the most acceptable kind of money because it is the one that is use for its actual use case which is a payment option. Besides that, it is the cryptocurrency that is the most famous and many merchants are already accepting as a payment option so if you are looking for a crypto that would be acceptable as money then it would be bitcoin.
43
« on: August 14, 2018, 04:18:02 AM »
I believe that it would be able to go up again because after all, it has died a lot of times and comes back to life, right? If you trace the news before when the price goes down, there is always a report of it that it would die and then the bulls will appear and then buy back again surprising everyone when the price suddenly shoot up and eventually reach a new all time high. Just find other means of income if you don't have one because patience is really needed nowadays.
44
« on: August 13, 2018, 05:00:27 AM »
You need to have patience always because good thing comes to those who wait but there are times when you should know when to give up because when you hold on to your coins and then it continue to go down in value then you lose an opportunity to earn. Always have a plan of when to buy or sell a coin so that you will not be emotional always when you trade. When you are just making a wild guess then there is a tendency that you would just be emotional when you trade so have a plan and set a price so that you can trade rationally.
45
« on: August 13, 2018, 04:49:21 AM »
I have been confuse by these two before two and it seems others were able to answer the question and I have some additional information as well from this article.
https://medium.com/@bonpay/what-is-the-difference-between-coins-and-tokens-6cedff311c31To quote from this article if you don't want to open it.
Coins are just method of payment while tokens may present a company’s share, give access to product or service and perform many other functions. Coins are currencies that can be used for buying and selling things. You can buy a token with a coin, but not vice versa. Coin operates independently, while token has a specific use in the project’s ecosystem.
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