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Messages - densus88

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1051
Some few months back, the Central Bank of Spain made a statement about crypto with the aim to let the people know that crypto poses lot of risks than benefits as the people might have heard.
I'm not surprised that came from that came from the Central Bank of Spain because the banks detest the existence of cryptocurrency because it knows crypto is in to cause a great competition and disruption in its service delivery. It is trying to make all false claims about crypto in order to ingrain misconceptions in the people.
Crypto offers countless benefits with limited risks. The risks only set in when you enter crypto investment without adequate knowledge on how the market operates.

No , In my opinion Crypto currency offer more profitable than risks. I have gotten alot benefits from crypto.

1052
Cryptocurrency discussions / Re: Altcoin for future
« on: September 18, 2018, 11:49:02 AM »
If I am more interested in holding an unlimited time than trading on a daily basis, where should I invest in altcoins?
Is there anything predictable to hold, what do you think?

Altcoins are unpredictable But altcoins are good for long term. So I think It is good idea to hold altcoins.

1053
Cryptocurrency discussions / Re: Could I become a millionaire from Bitcoin?
« on: September 18, 2018, 11:47:56 AM »
You should never expect to become a millionaire from Bitcoin or from any emerging technology. It is always important to be careful about anything that seems too good to be "too good to be true" or against the rules of the economy!

Bitcoin is a growing space for creativity and there are business opportunities that also contain risks. There is no guarantee that Bit Coin will continue to grow even though it has developed at a very fast rate so far. Investing time and resources in anything related to bitcoin requires the spirit of entrepreneurship and adventure. There are multiple ways to make money with Bitcoin, such as mining or daily trading (speculative) or buying new currencies based on the Bitcoin. All of these methods are competitive and there is no guarantee of profit. It is up to everyone to make an appropriate assessment of the costs and risks associated with each project.


Yes You can be a millionare from bitcoin. Bitcoin is very potential and profitable.

1054
Cryptocurrency discussions / Re: Why are you afraid?
« on: September 18, 2018, 11:46:53 AM »
Many factors make traders afraid when the bear market occurs. Usually they are afraid because they use all the money to buy crypto without thinking about the future condition of crypto market. For example, users or traders buy more when crypto experiences an increase due to being affected by "FOMO" or just following the trend of rising crypto. In my opinion if you want to get a big profit, you can buy a few coins that have the potential and experience a decrease in price.

Maybe the are afraid because at past the have lost alot if money cause of the bear market.

1055
Cryptocurrency discussions / Re: Will bitcoin be the only single currency
« on: September 18, 2018, 11:42:41 AM »
Bitcoin Will Be World's 'Single Currency' Says Twitter CEO

I think It is impossible, Bitcoin will be the only single currency. too may altcoins now.

1056
Gold and silver investment has been in existence since the civilization of man. It has gained the trust of most ancient and old men of our time. Cryptocurrency and the king of it, Bitcoin, is just 9 years old. A lot of old people are not well inclined to this amazing technology. It will take some time to gain the trust of these old men.

Because old man still believe the gold and silver. Old man dont have knowledge about crypto.

1057
Cryptocurrency discussions / Re: Are old coins no more profitable?
« on: September 18, 2018, 11:38:15 AM »
It does not matter how old a coin is on the market. What matters more is its current performance. A coin can be newly listed yet perform poorly without even reaching half way of its ICO price, leaving investors in despair. A coin like Bitcoin is the first cryptocurrency (oldest) yet performing perferctly fine on the market.

I think Old coins are still profitable. But They are good for ling term. It is my opinion.

1058
Cryptocurrency discussions / Re: Litecoin: To hold or to buy more?
« on: September 13, 2018, 06:30:50 AM »
Everyone these days have been passing on litecoin after charlie removed himself from the conflict on interest. Litecoin according to me has great potential to be something that has actual use in the market. They are rising steadily but with the recent events, what is the people's view on litecoin? To hold, to dump or to buy the dip?
Can litecoin be something that bitcoin is today or what ethereum has almost become today?

I see.litecoin is very potential coin. We should buy more when the price is going down.

1059
Cryptocurrency discussions / Re: Crypto is wealth how much more the health
« on: September 13, 2018, 02:34:55 AM »
Some says, don't abuse your body by giving more time in cryptosystem because health is wealth.
But I say how you will take care your body if your stomach is empty?

The synchronization of mind and body to exceed efforts from our limit is the result of our determination to have food for our family in order to provide every needs, specially, for those who make cryptocurrency as full time job.

Let us balance the body system and crypto system in order to take care both because it is the same important.

Yes I agree mate. I dont make cryptocurrency as full time job, I used my spare time.

1060
Cryptocurrency discussions / Re: How to choose the right ICO?
« on: September 13, 2018, 02:33:07 AM »
Crypto market is emerging and by making the right choice, we can make real good $$$'s. What are the key for a ICO to be successful?

The key for ICO to be succesful , I think If the project is very interesting, It will be good ICO.

1061
Cryptocurrency discussions / Re: Who will be the new king
« on: September 13, 2018, 02:32:04 AM »
Actually one of most promising project is EOS but it's really too early to think so it's blockchain is not even very stable. I don't see other coins that actually can do that.

Yee I see EOS has potential to be the new King. It is good coin and I have gotten alot benefits from EOS.

1062
Cryptocurrency discussions / Re: Buy in ICO or wait for exchange?
« on: September 13, 2018, 02:29:48 AM »
Hi guys, as we can see and observed recently that many ICOs go below the ICO price when it hits the exchange. Do you think it is a smart move to wait to the exchange and buy the token you want?

By seeing the market condition now. I think the best way is wait and hold your tokens.

1063
Cryptocurrency discussions / Re: Is it a good time to invest in ICO now?
« on: September 13, 2018, 02:28:42 AM »
I think we must selective to choose ICOs, because the number of live ICOs certainly makes us all confused, let alone more and more ICOs are scam so investors are afraid to invest ICOs, I think the best ICOs are happening in 2017, when many projects could reach hardcap so that crypto usage increased significantly.

Yes It is true
 We must selective to choose ICO project. By learning their white paper and team.

1064
Cryptocurrency discussions / Re: How do you choose good ICOs?
« on: September 13, 2018, 02:27:35 AM »
I chose the ico project based on the team and advisor from the ico project. Team experience in a project is needed to acknowledge the future of the project. if the project has a quality team, I'm sure the project will be good in the future.

I agree mate. I also see their team of ICO project. Because too many ICOs are scams now.

1065
If that happens then it is bad news. A very large decline in bitcoin. It's very difficult to recover the price of bitcoin. I think the lowest bitcoin price this year reaches $ 5k

Yeah, agree with you. $5,000 can be the lowest price of bitcoin this year. If it falls around $1500, It will be bad signal for bitcoin and altcoins future prices. I hope it won't happen.

Yes, I agree mate. I thinkThe lowest price of bitcoin reaches at 5000 at this years.

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