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Messages - cryptothief

Pages: 1 ... 5 6 [7] 8 9 ... 43
91
Bitcoin Forum / Re: Did you buy bitcoin when it was 10 cents ?
« on: September 15, 2018, 04:04:06 AM »
Hahaha, looks like nobody got involved, just lots of 'shoulda, woulda, coulda'. Count me in too, I didn't even know about it when it was at the $0.10 mark, but did get a heads up in around 2014. No point crying over spilt milk though, it's still early days and anyone involved now has a head-start on the opportunity. Just don't expect to become a millionaire any time soon.

92
Bitcoin Forum / Re: What factors scare others from investing into bitcoin?
« on: September 15, 2018, 04:00:27 AM »
It's something that does concern me, as there are so many different factors contributing to the lack of new investors and/or current investors losing interest. I wrote an article on the topic a while back, so here's the link. I think it covers the vast majority of causes, but I'm sure there's more, so feel free to add a point or correct me on my assumptions.

https://steemit.com/bitcoin/@cryptothief/the-average-joe-s-main-concerns-about-bitcoin-why-don-t-they-invest


93
Bitcoin Forum / Re: How Can We Use Bitcoin's ATM?
« on: September 15, 2018, 03:55:06 AM »
Not all machines offer the ability to both buy and sell, and you should always check the fees being charged (along with the actual rate offered), as they can vary wildly. Here's a link to the current network, on a site which I believe is updated regularly. It's worth a look, especially as you will probably have to make a long journey to get to one.

https://coinatmradar.com/

94
Bitcoin Forum / Re: Should school offer bitcoin education?
« on: September 15, 2018, 03:51:52 AM »
No. There is no need for 'Bitcoin' to be taught in schools, not as a compulsory subject anyway, there are plenty of other outlets which offer education in the field which can be accessed by those that are interested, often at little to no cost. I would much rather my children got educated in languages, history, science etc., but that's just me. I'm talking about younger children though, if you're talking 16+, then it would be good to have courses available for those that were interested.

95
Cryptocurrency Trading / Re: My experience day trading - no moon shots
« on: September 15, 2018, 03:47:56 AM »
Day trading is a tough ride, I have nowhere near enough experience to get involved. 1% margins leave virtually no room for error, and any profits can get wiped out almost instantly. Not saying the tactic is wrong, just that it is not for beginners (or the faint of heart). As you mentioned, stop losses are essential to protect your investment, and one thing that will do is remove the emotion from the investment, which is never a bad thing. Good luck.

96
Think the basic answer to this question has already been given above, but just wanted to add a couple of things. Gone are the days when projects were hitting hard caps on a regular basis, which basically meant there would be almost guaranteed demand when it hit the exchanges. Now it seems to be a struggle for even the most promising projects to reach their soft caps, and this invariably ends with the coin/token being listed at below the ICO price. I tend to avoid investing in any ICOs now, but I do keep an eye on projects that interest me, as sometimes I can pick them up at a much cheaper price on an exchange. Not hitting a hard cap is not necessarily a bad thing, as long as the project has enough working capital, then enough progress should be made to bring them to the next level of investment. It actually helps to pinpoint projects which have little to no use, a key ingredient for potential investors.

97
Advertise Your Stuff / Re: It your turn to succeed
« on: September 15, 2018, 03:38:19 AM »
Two things.

1. Please change the font colour for any future posts, it's very difficult to read that colour with the standard background, and adds zero value to the content.
2. Think this post might be in the wrong section, it seems to be promotional post for a product. This section is meant to help beginners with basic questions about crypto.

98
Cryptocurrency discussions / Re: Good thinking
« on: September 15, 2018, 03:21:11 AM »
There is a real opportunity at the moment to get in on projects that had jumped beyond a reasonable price. As with any investment though, there is no point going in blindly based on the fact that it has dropped by a huge amount. Some of these drops may be more deserved than the market implies, whereas others may have suffered unfairly and just been dragged down by general sentiment. I have a list of around 5 or 6 that I am still hoping to get in on, but they haven't fallen to my buying range yet. Still think there will be another drop before the overall markets improve, so waiting for that.

99
Cryptocurrency discussions / Re: Signature: Campaigns or Affiliates?
« on: September 15, 2018, 03:17:48 AM »
I haven't participated in any affiliate programs, but would definitely be open to the idea. Signature campaigns can be very very lucrative, but often they will provide a limited return. I do like the signature campaigns though, as I am happy with any return, especially as I would be on the forum anyway, so it really doesn't 'cost' me anything, not even time. They also provide an opportunity for me to get involved in projects that I would otherwise not be able to afford. Saying that, the returns have diminished over the last 8 months, basically since the market took a downturn.

100
Cryptocurrency discussions / Re: Which is more valuable "Tokens or coins?
« on: September 15, 2018, 03:13:24 AM »
You can't really judge the overall market in two halves, there's a lot more to the question about whether a coin or token has more value. There are plenty of coins out there which either currently, or probably in the near future, hold almost no value; whereas there are some tokens out there, especially security tokens, which look to be great investments. There are pros and cons to each, so I definitely won't be judging any based on the simple fact of whether they are tokens or coins.

101
Depends how old you're talking. I really don't know many 'old people' that have gold and silver investments. Most seem to stick with property and stocks, at least in my part of the world anyway. I would say it's the younger generation that are more inclined to invest in gold and silver, especially with the ever increasing distrust of banks.

102
Crypto Meetups & Events / Re: Bitcoin for sale and purchase tickets?
« on: September 09, 2018, 09:19:52 PM »
I'm confused, the World Cup in Russia finished almost 6 weeks before you posted this. Did you mean are football clubs in general accepting Bitcoin? If so, I have no clue about the Russian league; but I read recently that some Premier League clubs have signed a deal with eToro, and wouldn't be surprised if more were on the way, both in England and worldwide.

https://www.telegraph.co.uk/football/2018/08/20/premier-league-clubs-trial-cryptocurrency-experts-predict-bitcoins/

103
Then I also saw on the website that Stellar was written, is this a Token with a network from Stellar?

Yes, it was released on the Stellar network, I believe it was the first one to do so. Has the potential for huge growth if they can turn their roadmap into reality successfully.

104
Not sure I agree with your statement, holding different altcoins (especially if they are focused on different industries) is, in my opinion anyway, diversification. Whether that is the right choice is another matter, and I agree it will potentially dilute your returns. It ultimately depends on your attitude to risk, and true diversification should involve multiple investment avenues including property, bonds, stocks, crypto etc. Anyway, we're talking crypto here, so here's my take on it.

If you had invested equal amounts in the top ten currencies this time last year (as of September 10th 2017 - see below), you would have a overall loss of just over 5%. It obviously doesn't tell the whole story though, because the market has been on a roller-coaster ride since then. What is obvious is the relative risk/reward of not doing that - as if you picked one coin, then you would now be looking at a portfolio with losses of over 60% if you'd picked the 'wrong' coin, or gains of over 50% if you'd picked the 'right' one.
                           
1. Bitcoin - $4083.7 (6403.89) +56.82%
2. Ethereum - $281.75 (203.26) -27.86%
3. Bitcoin Cash - $515.77 (484.90) -5.99%
4. XRP - $0.20403 (0.286568) +40.45%
5. Litecoin - $61.48 (55.40) -9.89%                             
6. Dash - $309.32 (197.71) -36.08%     
7. NEM - $0.254176 (0.10019) -60.58%           
8. Monero - $109.66 (106.15) -3.20%   
9. IOTA - $0.517025 (0.564325) +9.15%         
10. Ethereum Classic - $13.78 (11.47) -16.76%

Anyway, each to their own.

105
Not an ICO, but a project in the agriculture 'field' is Smartlands. I've been watching it since the ICO and it has performed well compared to the overall market, obviously taken a bit of a hit, but survived well so far. Worth checking it out anyway.

https://smartlands.io/

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