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Messages - emmybd

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1
Ethereum Forum / Re: ETHEREUM or BINANCE
« on: March 17, 2021, 04:43:04 PM »
Well, Binance is the best exchange in the world right now, so its coin BNB is also getting more and more popular day by day. As we all know Ethereum is the second best after bitcoin but Binance BNB is fast catching up.

2
Some projects take time to mature. If you are holding coins of some good projects, then you will definitely get good rewards. But, if you are good at trading and have got some experience then you can make some money. And there is also a possibility that you can lose a lot.

3
Cryptocurrency discussions / Re: Still holding your bounty tokens?
« on: February 22, 2021, 05:49:57 PM »
Previously, bounty hunting hasn't been very profitable, except for a few.  But, over the past few months, some projects have developed well and some others have also been in the pipeline.

4
Cryptocurrency discussions / Re: Don't HODL if you don't understand
« on: February 15, 2021, 08:46:52 AM »
Well, It hurts more if you invest cash and don't get the desired profits. This is why it's very important to do your own research before holding any coins. As there is a lot of hype about bitcoin, so a lot of investors invested out of greed, so they can earn a lot of profits in a quick time. If you are lucky, then it may work. It's also very risky if you don't understand the market well. You wouldn't mind holding if you got coins by participating in bounties and airdrops. Because it takes time to fully realize the full potential of a project.

5
Cryptocurrency Trading / Re: Strategies to Success for Day Trading
« on: February 14, 2021, 06:16:20 AM »
The easiest day trading strategy is to buy the dip. You can use this strategy multiple times over the course of a day. It can be very profitable if you can take advantage of small price moves. It can be very dangerous for beginners who have just got into trading without proper knowledge and experience about this strategy. And it would help if you had a decent investment to execute it properly.
Many professionals and expert traders have been using this strategy and gaining a lot of profits. So, if you want to be successful, you have to spend a lot of time learning and gaining knowledge about it.

6
Bitcoin Forum / Re: Cause of bitcoin price pump!!!
« on: February 11, 2021, 08:19:42 PM »
For the past few months now bitcoin have been pumping and I don't know the reason behind the pump pls I will like to know the possible reason behinde bitcoin pump and will it still continue to pump or we should expect a retrace or a dump!!!

I believe Covid - 19 has certainly played a big role in the growing interest of bitcoin. As there is no physical contact involved. you don't have to go to the banks or ATMs to cash out. If you are not very careful, then there is a growing risk of spreading coronavirus with paper money. So, people all over the world, big companies, and financial institutions have started realizing the importance of bitcoin.

7
Bitcoin Forum / Re: Is a Bitcoin crash inevitable?
« on: February 11, 2021, 07:46:49 PM »
I think so. A Bitcoin crash is on the horizon. A 15% to 30% correction is normal in cryptocurrency space. Bitcoin has made good strides in the new year and in December 2020.

The price of bitcoin may indeed come down sharply at any time. But, the situation may not be as bad as that of 2018. As Elon Musk's Tesla has recently bought 1.5 billion worth of bitcoin. The company is also planning to introduce bitcoin as a payment system for its projects. At the same time, many other big investors have started investing in bitcoin. Many other big companies and a lot of financial institutions have also planning to invest in bitcoin. So, I believe this time around even though the bitcoin price comes down, it will bounce back soon.

8
Bitcoin Forum / Bitcoin mining and electricity
« on: February 10, 2021, 04:53:22 PM »
Internet banking systems or ATMs usually transfer money with the help of an intermediary, which causes expenses twice as much trouble, that’s how bitcoin chooses to save the day with simple and fast transactions. To make bitcoin this much fast and convenient, a huge amount of electric power is being employed. The efficiency depends on hashes, which the mining hardware uses.
Bitcoin, according to bitcoin’s power usage tracker by Digiconomist, mines at a rate of 77.78 terawatt-hours per year, at the moment which is equal to the entire electricity usage in the Netherlands and the Czech Republic. CoinShares has reported from their research that most of their energy comes from wind, hydroelectric and photovoltaic sources; these are all sustainable and renewable sources.
Many might be concerned with bitcoin’s mining substantiate in China. However, only 60% of it is being mined in China, while the 40% remaining take place in varying areas across Washington, New York, British Columbia, Iran, Sweden, Newfoundland, and a few more places.

9
Ethereum Forum / Re: Ethereum is the best crypto next to bitcoin
« on: February 08, 2021, 09:49:03 AM »
Ethereum is the second-largest cryptocurrency after bitcoin. A few days ago, it hit a record all-time high 1700$. Ethereum network has been undergoing a major upgrade called Ethereum 2.0 which has significantly boosted investor's confidence in this coin. Over the past few weeks, Ether has been steadily rising as investors await the highly anticipated launch of ether futures contracts from the Chicago Mercantile Exchange next week. This news will certainly boost institutional investors' confidence to invest in this coin, and I believe this will be key for Ethereum's success in the future.

10
Cryptocurrency Trading / Re: Which exchange do you prefer for trading?
« on: February 08, 2021, 09:09:12 AM »
I primarily use Binance and Kucoin. Binance is considered the top crypto trading platform based on the best crypto features and trading volumes. It has more than 2 billion USD trading volumes daily. It has many other good features such as Insurance protection, easy options to buy bitcoin and other cryptocurrencies, multi-level security, competitive fees, margin trading, and customer support is also very good and supportive. I have faced many problems before but they have immediately solved those problems without any delay, so I am very much satisfied with it. And want to continue to trade in this exchange.

11
Bitcoin Forum / Can bitcoin trigger the banks' collapse?
« on: February 06, 2021, 07:54:45 PM »
The Banks are controlled by central authorities. Every transaction is recorded in banks. A bank is a trustworthy place for most people around the world. On the other hand, a lot of people haven't heard about bitcoin as yet. As it is not regulated, so many people don't feel confident in dealing with this system. The Banking industry is much bigger than the cryptocurrency industry. The largest cryptocurrency is bitcoin. Still, bitcoin is a very small industry if we compare it with banks. The entire cryptocurrency market can't be compared with banks as it is too small. So, it is not possible for bitcoin to trigger the banks' collapse.

12
#PROOF OF REGISTRATION
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13
Cryptocurrency Trading / Re: Trading without experience and knowledge
« on: February 05, 2021, 08:15:36 PM »
Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.

But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.

In your opinion, can someone trading without experience or knowledge?

Just don't jump on trading immediately. Spend some time reading graphs of price movements of various coins. As you spend more and more time, you would gradually gain knowledge and experience about trading. As you gain confidence, you can even start trading after some time.

14
Uniswap / Re: What do you think about Uniswap trading fees?
« on: February 05, 2021, 08:06:50 PM »
Uniswap is a very easy and convenient decentralized exchange. I traded some time ago, the fees were ok, but recently fees have increased a lot, which is a bit disadvantage.

15
All governments want to control financial situations of their countries. They just want to ban cryptocurrencies, as they can't control it and properly tax it. Despite that they are planning to issue their own crypto, so that they can properly regulate it and tax it.

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