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Messages - Rehan Zakir

Pages: 1 2 3 [4] 5 6 ... 8
46
There are many rumors on telegram. They are always tries to steal user's money. They made many fake tricks such as running a token sale and said that please send us ETHEREUM on that address and we will send you equivalent amount of tokens on your address. So, keep away from these peoples.

47
I think this is a normal movement of market. The pumps and dumps are the part of a market. So don't be panic and sell your coins. Just hold your coins, market takes time to recover.
Market does not move on a single direction. Market has both bearish and bullish moves. So, must follow the trend and then take a trade.

48
Bitcoin Forum / Pay your rents with Bitcoins.
« on: April 20, 2021, 02:07:52 PM »
A lot of institutions already joined the cryptocyrrency payment method. One of those are the real estate companies. If the real estate owner's agreed to pay the rent with bitcoin or other crypto coin. the more people adopt this kind of payment and more people tend to be conscious about how great this technology be used as convenient and in a way it can be a cashless transaction.

We will see a lot of upcoming adoption like these few years from now.  And as Rick Caruso is a bitcoin investor and is open for crypto payments, it will attract more peoples who are also bitcoin enthusiasts to rent into his real estate property.

Please share your suggestions? Is this a good payment method for paying rents???

49
Yes! crypto currency have changed the idea of standard money. Because Bitcoin is a global currency that can be used from anywhere in the world. And it is easily accessible from any where in the world due to its unique block chain technology.

50
Most of the ICO's and Airdrop requires the user KYC for verification. But there are many scam projects in the crypto market that runs the airdrop for stealing user information. So, do not give your private information with fake project. Must study the project before submitting the KYC.

51
Cryptocurrency discussions / Re: What are Private Keys and Addresses?
« on: April 20, 2021, 01:40:31 PM »
It means that we can share our public key with anyone. But private key is a secret key. So, don't share your private key of wallets with anyone. If you share it, so anyone can access your wallet and steal your assets. So please don't do that thing.

52
Cryptocurrency Trading / What is risk management in trading??
« on: April 20, 2021, 01:32:01 PM »
Risk management is more easy to understand if you just explained it in a way about risk management being more into implementing stop/cut-losses and profit taking into every ones plan. Setting up cut-loss points and profit taking points or what others know about entry and exit points is how a normal trader earns money and also reduce/minimize the losses a trader will have if a trade goes wrong. A traders must also know how to be satisfied with their earnings and they need not to be looking back if ever they hold for it for a couple of days. A lot of traders experience this after taking profit yet the value of their crypto keeps going up they need to lose this kind of mindset as they already have a trading plan in action.

Please share your suggestions.

53
You are saying right. But now a days crypto currency is still illegal in Pakistan. So, we still cannot promote this currency. But in future, it might be legal in Pakistan. Then we can make our own crypto coins and earn money through this field.

54
Ethereum Forum / Re: Solution for ETH high fees
« on: April 19, 2021, 07:56:24 AM »
Binance chain BSC is also a good choice for making projects. The price of BNB touches near to 650$, but the gas fees is still very low. This is the best thing about this BSC chain. But if we see the ethereum chain its gas fees increases as its price increases. I think the team have to reduce the gas fees otherwise community is leaving. Because it can costs 30,40$ per transaction.

55
Cryptocurrency Trading / Investment vs trading.
« on: April 19, 2021, 07:48:12 AM »
That's a really good info graphics about trading and investing. Both of these ventures are lucrative ways to make money on and off the crypto market even though it's more better in the crypto world since there is plenty of opportunities that abound in the space. I have done both trading and investing activities in crypto and I can't really say which one brings more money since they're both very lucrative. But I do like investing more since I only have to concern myself with project researches and making funds available to invest instead of reading charts and analyzing numerous market data.

56
Ethereum Forum / Re: Ethereum vs of BNB Platform
« on: April 19, 2021, 07:42:54 AM »
But now a days, due to the high transaction fees peoples adopt the BSC for making projects. Ethereum is the world second largest and popular block chain in the world. But due to its high transaction fees peoples did not trade on ethereum block chain. Because it can cost 30,40$ per transaction.

57
Cryptocurrency Trading / HOLDING VS TAKING PROFITS
« on: April 19, 2021, 07:29:54 AM »
It's hard to decide if you hold or taking a profit during the bull run season, you never know what will be the price of bitcoin on the next day.

Just like what happens these days until April 17 after that the price drop $53k in just a few minutes which I think that there is someone who can manipulate the market and drop the price in instant.

That's why I have 2 separate strategy the one is taking profit during the bull run and the other one is for holding with a specific time(Depending on the event).
You should always check news and event the same as this one "European Blockchain Convention Virtual 2021" during that time until the end of 17 the price drop $62k to $53k. I think there is a big people or an investor who holds a large amount of BTC then after the event he sold it all.

58
I am a crypto trader. And i did not do my job on hourly bases. I take a trade when i feel its good time for making profit.
But on the other hand, we you are a computer programmer then you can give your services at charge it with hourly bases.

59
Cryptocurrency discussions / Re: Barriers around Cryptocurrency
« on: April 19, 2021, 07:21:33 AM »
I think this barrier will break very soon within 20,25 years. Many countries are started working on making their own projects with block chain technology. And many of the countries are still in the phase of understanding the block chain technology.

60
It is normal for the cryptocurrency market to fluctuate so no one will be disappointed.  There is nothing to be disappointed with the fact that the price of Bitcoin will fluctuate.  When the price of Bitcoin will not decrease in the cryptocurrency market, its price decreases and increases according to the market rules.  But Bitcoin I think will pump up to  80,000.  There is no doubt about this.  If at any time the price of Bitcoin drops a little, no one will feel uneasy.
You are saying right. We are earning money due to the price fluctuations in the market. But a sudden dump or pump liquidate the futures trades. And the whalers get benefit from this thing. So, if you are holding a coin in spot account so don't worry your loss will be recover within few days.

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