Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - CryptoStar19

Pages: 1 ... 7 8 [9]

121

Sorting Box / Re: Be careful of mobile wallets that holds private keys

« on: June 13, 2021, 02:01:29 AM »

Quote from: Zed0X on September 14, 2019, 08:29:29 AM

Quote from: Freewallet on September 13, 2019, 02:57:54 PM
We are disappointed to hear that (to quote it) "using our wallet is bad". We can definitely state that we receive overwhelmingly positive feedback, both in our regular customer requests and public reviews. It perfectly shows that our customer service is efficient.
Getting to the main point:

Our wallet is custodial and we thus do not share PK with the individual wallet addresses.
However, should you have any concerns or queries, we are always ready to address them in public and provide you with the best solution possible.
The point is you have complete control over other people's funds and that you can withhold them at anytime. The only way users can gain access again is by undergoing KYC procedure. That's something crypto exchanges do and not wallets.

I completely agree with the concern here, but just wanted to point out that when one makes a deposit at a reputable bank, the bank technically controls the person's money 100% and can steal it if they chose to... however Crypto was invented to circumvent this central authority and so ultimately, yes, the takeaway point is "not your keys, not your wallet".

122

Sorting Box / Re: Hello newbies and everyone, why no need to give up??

« on: June 13, 2021, 01:55:26 AM »

Crypto in general will test the human patience, most people will enter the markets in a bull run and inevitably there will come a time that things will start going the other way and this will be a big test of our patience. Generally in this space one can't go wrong with the major coins, there are major gains to be had in one or more crypto cycles, but 4-8 years surely takes patience.

One way to make it easier is to do your own research, to invest in projects you really believe in, to then just HODL then and not be so frantic about checking prices all the time... it does take patience but it doesn't necessarily have to take so much time and energy during that time.

123

Sorting Box / Re: The future of cryptocurrency.

« on: June 13, 2021, 01:48:50 AM »

Quote from: Bayi Ajaib on February 12, 2021, 12:47:25 AM

Quote from: msz900 on February 08, 2021, 05:15:13 PM
It's good that you become a part of the revolution and crypto is the technology revolution that will be soon considered as a legal payment system in the whole world.

I hope crypto will be considered as a legal payment system in the world. But I think It will not happen at the few years. Because I see at several countries still blocked crypto currency, They doubt about this technology.

Well a few years seem to have come super quickly as El Salvador just passed a bill recognizing bitcoin as legal tender. Other 2nd and 3rd world countries in South America and other parts of the world to follow... it amazes me how development in the crypto world seem to happen at a much faster pace than anyone anticipated.

124

Cryptocurrency discussions / Re: How do you fight Market depression

« on: June 13, 2021, 01:44:52 AM »

Quote from: tonymillions84 on June 12, 2021, 11:47:39 AM

Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.

You aren't alone, what it takes to be a good position when prices go up is to have bought when things were down in a time when no one else wants to be buying... but the human tendency is to chase prices going up.

Success in these markets in not intuitive, it comes from buying when market sentiment is at its lowest and selling when market sentiment is super bullish... this tends to be the opposite of human intuition.

125

Bitcoin Forum / Re: Will Bitcoin rise again?

« on: June 12, 2021, 02:11:25 AM »

When you have such a strong bearish move, it's going to take some time to bounce back... but the answer to OP's question is obviously YES most definitely bitcoin will bounce back, it's just a matter of time.

126

Cryptocurrency discussions / Re: Is it safe to invest hugely in CRYPTO now?

« on: June 12, 2021, 01:31:27 AM »

Quote from: MrSpasybo on January 03, 2019, 05:40:11 AM

I don't think JOINING at the moment is a clever idea for us. Need to wait for positive news about crypto market and blockchain tech adoption. Whales and Sharks are waiting for your mistake

Whales and sharks are accumulating. Smart money buys when the average joe is fearful. News tends to react to crypto prices rather than cause them. As in if the price action is positive, all of a sudden there is bullish news everywhere.

127

Cryptocurrency discussions / Re: Crypto really break down?

« on: June 12, 2021, 01:12:27 AM »

Quote from: Paglamon on June 02, 2021, 07:33:44 AM

Most currencies in the crypto industry today are challenging. Because nowadays most currencies have improved a lot. Plus it’s going to be like 2018 very soon. In 2018, the situation in the crypto market was much worse. Currently, the situation in the crypto market is deteriorating. The prices of most cryptocurrencies have started declining. So crypto market conditions will not improve much.

Not necessarily. It is a function of a temporary bear situation that sentiment is low at the bottom.

128

News related to Crypto / Re: Chinese Authorities to Ban Crypto Mining in Yunnan Province, Report

« on: June 11, 2021, 11:56:35 PM »

There is a concentration of hashrate in China that is not good for Bitcoin, this will help alleviate some of that concentration and will be a good thing for bitcoin.

129

Cryptocurrency discussions / Re: Will scams and Rug pull ever stop

« on: June 11, 2021, 11:28:17 PM »

Quote from: Jaephoenix on June 11, 2021, 04:26:19 AM

Its human behavior. Once there is an unregulated burgeoning niche, all kinds of criminal activities would develop

I could see a world way down the line where these things are so regulated the extent of illegitimate activity would be far lower than today...

130

Cryptocurrency discussions / Re: Long Term Investment Suggestion

« on: June 11, 2021, 11:24:31 PM »

Quote from: Rokon5 on June 11, 2021, 09:49:37 PM

Situation of the crypto market is not good at the moment.Most of the good coins are falling down.If you have free money and want to invest for ling term investment, I think It is good time for invest.This is the best idea for invest.

Agreed, what smart money does is to buy when everyone is fearful and to sell when everyone is greedy.