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Ikram mohamed

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Everything posted by Ikram mohamed

  1. Ikram mohamed
    Dogecoin is good coin with huge community but this coin needs more patience when you trade it, it pump about one time in the year so you will feel boring trading this coin but at the end will oump
  2. Ikram mohamed
    I think the main purpose of creating bitcoin is to feel freedom when you deal with your money, and to be controled by central banks and taxes. fast transactiona and lower fees were are other purposes
  3. Ikram mohamed
    i thank god i started in 2016 a year before the big pump happened in 2017, i gained alot from crypto, lost alittle but have learned alot to deal with market and not to be panic when blood is on street
  4. Ikram mohamed
    Yes, i bought my kids some toys with bitcoin, the store accept cryptocurrencies so i find it good not to pay in cash, there are now alot of stores that accept bitcoin
  5. Ikram mohamed
    You will never leave crypto because you can make great money with it, that you cannot achieve in other job, also with crypto you feel freedom away from local banks and taxes you have to pay
  6. Ikram mohamed
    I donot think so because national currencies backed with gold and inflation numbers are controled but crypto currencies backed with nothing only people trust that is not enough to be main currency
  7. Ikram mohamed
    Common mistake i think, panic when you shouldnot panic and having no patience when you need to be patient, if you control your emotions, then you will not lose at all
  8. Ikram mohamed
    Both are risky if your luck is bad, sometimes you hold a coin for long term and regret not selling too early and sometime you sell too eatly and then regret not to wait and sell at maximum price
  9. Ikram mohamed
    I think day trading is only profitable when you trade with big amount of money, if you risk with little money, then you will get less profit and will make great efforts in order to get money
  10. Ikram mohamed

    Hold or trade

    Ikram mohamed replied to sbroy01's topic in Trading

    Actually i prefer i to hold for long time because patience pays and coins can go more that 2x with long time than short term, but you should first control you fears and donot be panic
  11. Ikram mohamed
    Iam really sorry for your loss, actually i donor think you can restore you coins as these sites have no data to track, you invested and you know these kind of sites are too risky but anyways donot be sad of your loss
  12. Ikram mohamed
    Sure yes crypto can make you very rich or very poor if you cannot control your emotions, if you control your panic and divide your money and have patience to reach the bottom then you will make profit
  13. Ikram mohamed
    You can expect what low and what is high from historical charts, then depend on that in buying and selling, then you should divide your money until you find the bottom and divide your coins until to find the peak when you sell
  14. Ikram mohamed
    I think people lose and win depends on mentality, timing, luck and many factors, when you panic you lose, when you cannot control your fear you lose and patience is the key, so it is everyone mentality
  15. Ikram mohamed
    If you mean exchanges, then yobit and binance , both have little fees and best security and ease of use, deposit and withdraw is fast and specially in yobit you can trade with very low amount
  16. Ikram mohamed
    I think there is no coin can compete the bitcoin or surpass it because bitcoin is the oldest coin and mother of all coins and control most of market money, but ethereum will be always behind bitcoin
  17. Ikram mohamed
    Actually you need electricity to mine crypto not to trade it or store so if you donot mine crypto, there will be no problem..I store my coins and leave them for long time , no need for me to have electricity all the time
  18. Ikram mohamed
    Actually nothing is guaranted but if you can afford its risks then do that, if you cannot afford its risks, then donot do that and wait till the picture complete and market stable
  19. Ikram mohamed
    Only coins with less potential and community will disappear with time, good projects that add something to blockchain technology will survive, but i agree many coins will disappear for sure
  20. Ikram mohamed
    I donot agree, i think investing in xrp is profitable but crypto in general need patience, if you want make money then wait for xrp bull run, that happened in 2017 and i think will happen again in 2021 so wait and see
  21. Ikram mohamed
    I think little coins can survive in 2020 and 2021, we have now so many projects and coins that appeared very fast and i think will disappear very fast too, projects with steady potential and community can survive like ethereum, litecoin and xrp
  22. Ikram mohamed
    I think it is a scam coin that will disappear with time, its price go up and down with no news and big exchanges will going to delist it soon, so i donot prefer to invest in it
  23. Ikram mohamed
    Altcoins always have bullrun every year, when it begins i always go fast and buy other alts that didnot move yet because they will be next ones to pump, you just need patience and fear control
  24. Ikram mohamed
    Fir me first altcoin i invested in was ethereum, i bought it from 8 usd and holded it till the huge pump in 2017 but for sorry i sold them too ealry and made little profit, from then i loved this coin and prefer to hold
  25. Ikram mohamed
    I think i prefer to hold bitcoin for long time because it will give good return with time, but gold doesnot because it is more stable for years.so crypto is more profitable when you hold
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