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Yenam

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About Yenam

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  1. Convenience. That's my reason why I am still into cryptocurrencies. I'm fond of investing or rather saving my funds in any thing that isn't common but convenient to access so I choose cryptocurrency over other investment platforms and using it.
  2. Unfortunately, nowadays is much bearish that what happened last December 2019. This bearish market brings a good opportunity for those who have reserve funds to buy Bitcoin and any other altcoins as you'll be at an advantage once the market recovers.
  3. As far as I know this is only temporary. Once the world heals, the rise of economic market will follow through. Just a second news of patients being released because they were healed is such a blessing for everyone, be it in community or the economy. Let us all be patient and just follow what the government is telling us to do to stop the virus from spreading. It is not only Bitcoin that is experiencing the decline, the stock market too.
  4. This question is something we can't predict as we're mere humans and can't see what the future of cryptocurrency will be. I do hope that it will last forever though if it works side by side with fiat I think it'll be something worth keeping making it last forever.
  5. Probably yes. If all Bitcoins were mined, its value will greatly increase especially if more establishments will use it as one of their mode of payment. Hope the fees will be something reasonable as I'm afraid if it goes higher than expected, every one will surely turn to altcoins.
  6. In my POV there's a lot of reason why one should invest on BTC now while the rates are low. Bitcoin has been improving ever since it started a decade ago so you should know how awesome it is considering it reached a decade and still growing. Even though its volatility is high and changing every time, still most stable companies trusts it and uses it as one of their payment options. I am sure small companies will follow through, just give it a few years.
  7. Gambling is addictive, no doubt about that. Most games are developed with the idea that it must be something that will give everyone entertainment and it will make them keep coming back to play. That's the only way the company or developer earn money, if a user or a player bet all he/she can. Although it is very addictive, I could not see anything wrong on it as being addicted totally depends on a person. I've been playing at Bitbook.ag for a couple of weeks now to see how far I could go, of course I only spend what I can afford to lose. So far I have enough self control to stop when I need to stop. Every person is different so if you're not good on controlling yourself on how much to spend better not try gambling and betting. It could make your riches dry in a second.
  8. I think it depends on what are you after to. If you're just gambling for fun then I think the result will be positive. It might be something as a form of entertainment just like what gambling do to me. If you're after winning then I guess it'll be negative in terms of financial aspects. If you get addicted to gambling you'll sell all your riches until gambling runs you dry.
  9. Good thing I don't use Telegram nowadays. I already uninstalled it from my phone as there are people who keeps calling me. Awareness is really the key when it comes to situation like this. If I were in OP's shoes I'd probably also help him establish an account but I won't spent any money as I know it will turn out as scam.
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