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Messages - royalfestus

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166
Bitcoin Forum / Re: Why is bitcoin stability important?
« on: November 16, 2021, 05:46:01 AM »
Bitcoin stability will be important as a currency but may not be as an investment because it's Volatility is what makes spaces for profits and time for investment.but as currency it's stability cannot be expected to be absolute because even in the world economy most fiat currency are not stable. Variety is the spice of life. All cryptocurrency are volatile and are more profitable for investment.

167
Cryptocurrency Price Speculations / Re: Bitcoin 100k Be able to cross?
« on: November 14, 2021, 05:20:49 AM »
Bitcoin attaining 100k is just a prediction by whosoever, you must all have it in mind that prediction may not be accurate so as not to be disappointed, now that bitcoin has reached 60-69,it is moving, let's plan accordingly to what is on ground while we expect more because the year has not even ended, if it doesn't meet up this year, it could next year.

168
Cryptocurrency discussions / Re: Cryptocurrency is a place of competition
« on: November 14, 2021, 05:04:15 AM »
The world generally is full of conscious and unconscious competition and rivalry, this competition are good and has its own advantages; it enforces improvement on individual. In cryptocurrency if it had only being bitcoin, it mean there will be no altcoin even altcointalk will not exist, there whatever bitcoin does is the final and that will not be good enough. The existence of other altcoin made it possible for us all to participate/invest in our different capacity.

169
Cryptocurrency discussions / Re: The growth of memes: dangerous conspiracy theories
« on: November 13, 2021, 02:38:20 AM »
Investors must be very careful of Meme coin, they are more or less like ponzi, they carry fake value most times. Well! We have those who make good profit from meme, while those who loose do gallantly. Not only does the loss bring financial depression, but also psychological, to know how dangerous it could be. Sometimes, it is a manipulation by big investors.

170
Cryptocurrency discussions / Re: Why is that altcoins are not independent on their own?
« on: November 12, 2021, 12:43:25 PM »
Bitcoin is known to be the first cryptocurrency and still maintain its legend, it is good that altcoin came because bitcoin wouldn't have been able to accommodate as many that have bombarded it now.altcoin has helped to reduce pressure on bitcoin.altcoin can be independent of bitcoin with time but it has to gain more ground such that more investors will choose it.And never forget, that's if bitcoin relents.

171
Cryptocurrency discussions / Re: Hunting bounty is it profitable?
« on: November 12, 2021, 12:17:10 PM »
Most of the time, when it is bear market, most project tend to crash or even do not have something meaningful to offer. As at January the bear was still strong and most projects were dry.
Presently, reasonable projects are surfacing because we are around the bull market. Investors take quick advantage of this moment and bounty hunters also enjoy better profit. Bounty hunting is profitable.

172
Cryptocurrency discussions / Re: Market Up & Down Suggestion
« on: November 12, 2021, 06:06:48 AM »
The up and down market value describes Volatility.
Volatility is a character of cryptocurrency and it's so far inevitable, what you need do is;
Carefully,Study the frequency on the pump and dump as we call it, then the best time to invest is at dump, so it can rise along with the wave. Then you begin to take your profit.

173
Cryptocurrency discussions / Re: Will crypto banks replace traditional banks?
« on: November 12, 2021, 05:52:52 AM »
Both crypto bank and the traditional bank can function as different entity without silencing one another, although fast growing technology is bringing e currency into dominance and this will take quite a long time to achieve throughout the world.
Advanced countries like China, USA may have it quick.it will take a whole generation to achieve this because, even of a country is advance not all the citizens especially the aged is technologically capable.

174
Bitcoin Forum / Re: Banks Are Getting Into Bitcoin: Bad or Good?
« on: November 12, 2021, 05:30:12 AM »
Bitcoin to banks is a rival, once bitcoin is Accepted in a country 1. You already have a bank "your wallet" in your personal control.
My country doesn't have enough smart security agents to understand and track your wallet, the major investigations they do is to search your bank account transaction details.
Most people here just see bitcoin as business, just to invest and get their profit,spend it while it last. Instead of seeing it as a forever currency.


175
Cryptocurrency discussions / Re: Your Biggest Mistakes in Cryptocurrency
« on: November 10, 2021, 10:43:57 AM »
Quote from: shadowdio on November 05, 2021, 03:26:47 PM
My biggest mistake in crypto space that I did not sell my altcoins while their prices reaching the all time high. I was a greedy person hoping my altcoins will makes me rich but one day it suddenly dumped. I'm still holding hoping my altcoins to recover but it never recovers so I decided to sell my altcoins at the low price. :(

Almost everyone will have this issue. Because it is always sweet when we are expecting the price to keep going up and most times in our very eyes the price closes down, it use to be painful and one will keep remembering the highest point it was when one refuse to sell it.
It happened to me too at the last bull run. Especially on my coindash token and few others.i hope it won't repeat itself.

176
Cryptocurrency discussions / Re: Crypto currency is all about HODLING.
« on: November 09, 2021, 09:44:22 PM »
Everyone learn to hold especially at bear market, little of hodling is done during bull, because that's always the time to make maximum profit and more transaction is also done..what is the purpose of hodling?
It enhance ability to study the market properly and sell to make Maximum profit.
It also helps to patiently retain coin in wallets for better days of transaction..

177
Cryptocurrency discussions / Re: Can cryptocurrency do away with fiat?
« on: November 09, 2021, 09:21:55 PM »
There are few organizations that accepts cryptocurrency now as medium of exchange but not yet generally acceptable.
For now cryptocurrency and fiat are still inseparable, since we will have to cash for our petty trading in our local currency. Maybe until bank totally shift to full time e- transaction all around the world. To achieve this is possible, it will only take good time.

178
Cryptocurrency discussions / Re: What are Private Keys and Addresses?
« on: November 09, 2021, 08:56:28 PM »
Private keys are the numbers or alphabets or few alphanumeric details, which are meant to be made confidential  for personal use in Accessing ones account/wallets. The address is also similar but is usually longer and may be seen by anyone, it is the one we submit to receive project participation reward into our wallets. Once you private key is accessible. Your account is vulnerable to hackers.

179
Cryptocurrency discussions / Re: Understanding the Value of Data..
« on: November 09, 2021, 08:45:19 PM »
Quote from: Gianni_Aquinossa on November 09, 2021, 08:20:53 PM
So these firms are collecting people data's for nothing. I was checking CIRUS Foundation and saw they are also working on data-collection for turning them into value. That Web3.0 thing is going to be huge and CIRUS will get benefit from it for sure. I just really can't understand why people let that HUGE firms to collect their data for ADS... While Cirus offering something very special,can you explain it to me?

They are not collecting your data for nothing. Its an exchange for your needs
Technology rules the world, after all, you can't be here without data even and you will also make back money with it.
I got the point several billions of people who uses data daily are more that those who must have a deal with the oil and gas today.

180
Cryptocurrency discussions / Re: Stock Market Impact on Crypto??
« on: November 09, 2021, 08:19:22 PM »
There tends to be a link/inference between stock market and cryptocurrency from time. In the status quo, it will be better to have a shared investment, in that's incase of the crash on the US stock. One may have to make some investment in other stocks market,
This is a business strategy of "shifting the risk". And be at safe side.

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