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Messages - Domithra

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61
Some bounty hunters are of the ideology that passing KYC to receive small amount of reward from bounty program is a great cheat to the bounty hunters . But I believe that KYC has nothing to do with the amount of reward received for joining a bounty program. KYC is for verification purposes and other legal matters that the project may need to deal with.
The main reason why bounty hunters must do thorough research into the program before joining the bounty in order to know the potentials and capabilities of the project hitting the jackpot.
What is your opinion of this topic?

62
Bitcoin Forum / Re: Make Bitcoin Great Again
« on: May 06, 2019, 03:15:02 AM »
Bitcoin will certainly be great again but for this to happen, it requires positive attitude from its investors, traders and holders. This is because the market trend of Bitcoin is determined by nothing but the activities of its traders, investors, and holders. Avoiding sell offs during bear markets, buying the dips when price goes down, staying calm when price goes down, holding patiently, and creating more awareness to bring new investors on board are some of the positive attitude that can boost the rise of Bitcoin.

63
Casting back our analysis to the events that preceded the December, 2018 bull trend, it was clear that BTC did not have an all upward movement before it was confirmed a bull market. There were periods were BTC had drop in price although it was making gradual increment in price. I'm quite optimistic about the current trend of BTC although there is no guarantee since it is a free market.
From the beginning of the year 2019, BTC has shown impressive resistance to the bear market and to say for about 5 months, if there to be any bear trap, it should have been activated or it should have shown some signs along the way.

64
Bitcoin Forum / Re: Bitcoin Investment Is Way Better Than MLM
« on: May 02, 2019, 02:40:02 AM »
Multi-Leveled Marketing is stressful because it is based on referral programs, thus the success of a participant depends on how large his referrals become. This means that in order to make profit, one needs to keep his referrals active and even bring on board more referrals - no independence. However, Bitcoin investment is an individual affair which deals with only the investor. What matters here is the patience level of the investor in order to wait till the price rises.

65
Nobody knew Bitcoin could reach $23K when it was $10 or $1K yet BTC hit that price during the December, 2017 bull market. Time is very essential. Patience is very necessary for an investor to sail through the long term investment journey as Bitcoin gradually increase in price although there may be times when the price will drop a bit. What matters is the cumulative increase in price. Bitcoin is more than capable of reaching and surpassing the $20K price mark.

66
Cryptocurrency discussions / Re: should I invest in ICO or altcoins?
« on: April 30, 2019, 02:38:44 AM »
Investing in ICOs or altcoins on the market already are both good investment strategies that can be adopted. The most important thing to consider before embarking on these strategies is the ability to do extensive research into the ICO or altcoins before investing. Not all ICOs and already listed altcoins are worth investing and it is only through personal research that an investor can make the right choices.

67
Cryptocurrency discussions / Re: WHEN IS THE NEXT GREEN MARKET
« on: April 29, 2019, 02:35:44 AM »
2019 has shown lots of green light since the beginning of the year. Despite the alternation of green and red, one can attest to the fact that there has been a cumulative increase in prices and value of the crypto market as compared to the late 2018. It will take only the determined investor or trader to see the green light as frequent checking of the market status is what will reveal it to investors.

68
I do not have a number of altcoins I invest in a particular period of time. I understand the benefit of diversifying ones portfolio yet I take some time to do extensive research into the coin for a particular period of time before investing in it. The large cap altcoins on the market are good target for study for a particular period of time in order to choose which one to invest in.

69
Cryptocurrency discussions / Re: WHEN IS THE NEXT GREEN MARKET
« on: April 26, 2019, 02:49:34 AM »
This is a free market and anything can happen at any point in time. However, green market raises the probability level of the market attaining another bull ride. It is a good sign of an impending bull market hence it becomes imperative to buy more of those valuable coins especially the first 100 on the market.

70
Cryptocurrency discussions / Re: Why Do You Choose To Hold
« on: April 25, 2019, 03:29:17 AM »
Holding a coin becomes necessary when an investor realizes that the coin is capable of rising in the future. This knowledge is ascertained by the investor through an extensive research into the project or coin. Some projects takes time to develop their platform and product hence investors will be required to hold their coins till the platform or product is fully developed where the patronage of the coin will increase as the patronage of the product increases.

71
Cryptocurrency discussions / Re: Can I invest in Altcoins now?
« on: April 24, 2019, 02:38:14 AM »
In my opinion, current market conditions are not suitable for long-term investments. but, if you have trade skills, you better trade.
I don't agree with your point here. Why do you think current market condition is not suitable for long term? From the basic principles of crypto investment, it is known that in order to make profit, one must buy at certain low price and sell at certain high price. Bear market which is experienced now is good for long term investment because most of the valuable coins are still selling at relatively low prices although some have been showing resistance to the bear market. Buying and holding patiently for the bull market is what makes it a long term investment.

72
Bitcoin Forum / Re: ⚡⚡ BITCOIN for Long-term investment ⚡⚡
« on: April 23, 2019, 02:37:00 AM »
Bitcoin is normally regarded as a long term investment although some prefer to trade with it on a short term basis. It takes time for Bitcoin to take its giant leap on the market to bring huge percentage profit to its investors. There are periods where it will go bearish, periods where it will show resistance to the bear trend and periods it will begin to rise gradually. It will take only the patient investor to wait as BTC enters its bull run - this is why it is normally seen as a long term investment.

73
Good day,
I am new to all of this. I am now bitcoin mining online. How do I transfer the money in my bitcoin wallet app into my bank account or cash? Thanks so much for your help I really appreciate it!
Nick
Transferring Bitcoin funds from your crypto wallet to bank account depends on the Bank in question now. Not all the banks allows for this feature hence it is up to OP to find out from the particular bank where he saves.
Anyway, converting Bitcoin to cash is very easy and I trust there are different merchants in different countries rendering this service to crypto users. Here, ecurrency4u and cofred are one of the biggest companies which allow for the final conversion of Bitcoin to cash for crypto users. OP must do a personal research in order to identify the crypto merchants in his country.

74
Bitcoin Forum / Re: Has Bitcoin performed realy well?
« on: April 20, 2019, 04:46:08 AM »
Bitcoin does not cease to surprise its investors through its incredible market performance. This year started very well with great resistance towards the bear market. Bitcoin has been able to take a leap from the $3.2K to $5.3K price mark on the market and this is a clear indication of a good performance for BTC.

75
Bitcoin Forum / Re: Bitcoin is a substitute for paper money
« on: April 19, 2019, 03:22:50 AM »
Paper money is gradually fading out of the system because digital currencies are taking the lead. This is because digital currencies or money provide convenience to the people as compared to the paper money which is too cumbersome to carry along huge sums of money. In the field of digital money or currency, cryptocurrency has emerged with tremendous features which provide more convenience, security, speed and low cost in its transactions which makes its king, Bitcoin, the most outstanding coin capable of surpassing the other forms of digital currencies which may include the use of credit cards, paypal, visa, etc.

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