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Messages - Lighthouze

Pages: 1 2 [3] 4 5 ... 9
31
Cryptocurrency discussions / Re: Which coin is best to keep money now?
« on: November 07, 2018, 10:04:05 AM »
Keeping money in an investment is different from stashing it up somewhere to used later. Buying stablecoins is more like stashing money somewhere as they'll neither gain nor loss value. No crypto asset is stable in price in my opinion, so it's better to invest in those that good tech and whose team are actively advancing the course of the project.

32
Cryptocurrency discussions / Re: Severe Greediness
« on: November 06, 2018, 10:21:50 PM »
Greed is bad especially as these circles. A lot of people have become bag holders simply because of their greed. Holding on to a trade or coin and believing it will continue to moon despite signs that it will dip and the profits gotten will be lost to the market.

33
Cryptocurrency discussions / Re: Altcoins. Regulations
« on: November 02, 2018, 11:27:25 PM »
The truth is without the centralized structures, cryptocurrencies are almost useless. So should the government want to fully regulate the space, you need to first ask what sort of regulation it's going to be. There's regulations, and there is outright ban. Regulations seek to put the operations of crypto entities within the confines of the law and is mostly intended to protect citizens/residents of such countries e.g. the USA. Bans are extreme cases of regulations often accompanied by "cease and desist" orders and other centralize institutions will be barred from facilitating transactions most especially the banks.

34
Cryptocurrency discussions / Re: Do you follow pumping signals?
« on: October 30, 2018, 12:41:41 AM »
I follow a few pumping signals on telegram, but I'm hardly tempted to act on their calls because most of the time they would have already given those signals to their inner caucus members who would have taken positions already. One their targets are reached, they dump and exit the market leaving others rekt.

35
Reputation, Scams & Phishing / MapleChangeEx Exit Scam
« on: October 29, 2018, 12:26:47 AM »
Reason the crypto world is referred to as the wild wild west. You go bed and wake up your money is gone with the wind.

MapleChangeEx posted an exit scam earlier today citing hacks and all. But having been in this space for a while, we all know this is a well orchestrated exit scam.




This is one of the reasons crypto is struggling with widesread adoption as a lot of investors are scared of coming into a space that's unregulated and can make you get rekt in a second. Here's hoping their users get their money back even though very unlikely. Also hoping they get prosecuted under the Canadian laws

This is also one of the reasons we are advised not to leave money on the exchanges.

36
Cryptocurrency discussions / Re: Are you a victim of the word HOLD?
« on: October 27, 2018, 07:05:01 PM »
There's hardly anyone in the crypto world who's not a victim or got burned by hodling. Personally, hodling has got me burned a few times especially with tokens from bounties which I try to hodl hoping the price will go up, but it seems like the longer I hodl, the more the coin loses value. One of such coins is almost worthless now and I regret not selling when I had the chance and moving on.

37
Cryptocurrency discussions / Re: Which is more high value? Btc or eth?
« on: October 26, 2018, 01:41:00 PM »
Take a look at the Coinmarketcap, exchanges and different sites out there, you'll find what reigns supreme among other coins in the market, it's definitely BTC. It dictates how other coins move in price, when it's price drops, alts follow suit, vice versa. It's dominance is over 50%. So, between BTC and ETH in terms of value, I'll choose BTC over ETH

38
Cryptocurrency discussions / Re: Bounties Are A Complete Mess Now
« on: October 22, 2018, 08:16:17 PM »

I think you are right.  My last project from another forum just postponed.  So I think I already have about 4 failed projects.  Actually I've never get any payment from my projects on that forum.  Thank God they already demote my rank so I won't spend my time anymore to find another project.

Honestly, there are no guarantees that you'll get payments from projects on this platform either. Bounty managers are having a hard time managing projects and having to explain to bounty hunters when things go south. It's a reflection of the times we're in and it's only the brave that will continue with bounties at this rate. Here's hoping things get better in the years ahead.

39
Cryptocurrency discussions / Re: Airdrop, yes or no?
« on: October 21, 2018, 10:16:29 PM »
Airdrops are mostly intended for community building and creating some hype/buzz around a project before it's ICO. But like we've seen recently, airdrops are increasingly a waste of precious time and effort. From accumulating useless coins from scam projects, to very low value tokens. For now, airdrops are a huge NO for me.

40
Cryptocurrency discussions / Bounties Are A Complete Mess Now
« on: October 20, 2018, 10:07:07 PM »
Bounties are a complete nowadays, from getting terminated midway because an ICO failed, to payments not being made because the project teams have simply disappeared.. The space has become a wild wild west in it's totality. This is a direct fallout from the state of the crypto market in general.

ICOs are failing because they're increasingly not being able to gain the confidence of the investing public. Some of these projects in all honesty have no business coming into the crypto space, as their value proposition isn't convincing enough. Again, with the spate of scam projects now, many people simply do not trust any project to invest their money, for fear of being scammed and losing scarce resources.

Bounty hunters are on the receiving end, because an investor may choose not to invest in an ICO and status quo remains, but a bounty hunter has most likely invested time and resources in promoting a project, before investor thinks of investing. It's a sad situation these days. Time and effort wasted. Feels as though I should take a break from bounty participation for a while until the market bounces back. Who shares this thoughts with me?

41
Cryptocurrency discussions / Re: What do you think guys . End of years
« on: October 17, 2018, 03:54:10 PM »
The bull run in 2017 started at around this time of the year and spanned until December. Right now there are no real indicators of the another repeat of 2017 this year. The crypto space is mostly driven by fundamentals which is mostly news. An ETF application approvals would be a major feat achieved in crypto and will definitely incite a bull run should it happen. All in all, fingers crossed while we expect the best.

42
I woke up to the news and FUD surrounding the USDT it seems like a lot of people and traders are trapped right now as we speak. This is because people who hold USDT are terrified and are buying BTC, but holding BTC on exchanges with Tether is also very dangerous because of the huge premium. So what can they do? Withdraw and send to a fiat exchange would make them lose 10% of their capital instantly as well, because of the difference.

A friend tried tried to convert his USDT to TUSD, and what he was supposed to be getting in return is supposed to be in the ratio of 1:1,but the disparity is that of $1450 to $1185 in TUSD. A lot of losses being encountered by those who are attempting it

43
Cryptocurrency discussions / Re: How long will this bear market continue?
« on: October 15, 2018, 10:24:55 AM »
Been in and out some coins within the period. The crypto market is so unpredictable, just this morning I made some losses based on the FUD flying around with regards to USDT being a scam. The bull run last year was so strong, this is why the correction is massive and equally strong. No one can say for  a certainty when this bearish trend will end. There has been some predictions and for me, they're all just speculative.

44
Cryptocurrency discussions / Average Down Explanation Needed
« on: October 13, 2018, 09:57:29 PM »
Guys, I need to understand the concept of averaging down in crypto, especially when you're at a loss. I hear a few persons talk about it as a strategy they adopted when a coin they've bought drops in price sharply. But it seems to me that more money is being invested in the process. What happens if there's further loss incurred after buying more, do you keep buying or simply stop? I need clarifications

45
Cryptocurrency discussions / Re: Do Crypto or Find a job?
« on: October 12, 2018, 12:52:26 PM »
I would recommend you combine both. Use free times from your day job to do crypto. It's hard and not advisable to depend solely on crypto as the main source of your income, because of the high level of uncertainty in crypto, Except of course you're a trader, then you can rely solely on your earnings as a crypto trader.

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