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Yomose

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Everything posted by Yomose

  1. Even if someone is not scared and start with high amount of money, he will certainly lose. But trading with very low amount for beginners helps them a lot to avoid mistakes. I do say it is good to be afraid as a beginners, this will help them not to use high amount of money, this will truly reveal how trading is for such people earlier without significant loss.
  2. Looking for an opportunity for compensate loss is not good in trading, it only brings more losses and poor mindset of trading. If you lose, just forget about it and do not count it as loss. Then just later focus on how you will gain. About the losses, it depends on what the signal tells, but what j know is that there is still chances that you will recover lost funds even if you do not sell. But some people just sell and lose. Although this is spot trading that I am commenting about, not margin not future trading.
  3. Whales or no whales to determine the price of cryptocurrencies, that is not the real matter, you can still make appropriate analyses and get appropriate signals to know when to sell. Like when bitcoin gotten to $19600 this year, people have already known the whales will sell, and set stop loss to $19000 or a better price. And what happened was a bullback from such high price to $16700.
  4. If you are patient and you are not a rush traders that rush into buying and selling, you will be able to know the right price to buy, in such price people will be panic to buy because the price of the coins are decreasing. But immediately there is a signal about it to increase, then you can buy but that does not mean the price may not fall further but the best time to buy and the probability of you profiting from itt is higher.
  5. You are not wrong, admin supposed to have set a price that it will have a constant value and not decreasing anymore and the price ought not to be below 50 Satoshi. But the price of talk token is yet still always decreasing, when the price of bitcoin fall, it still fall the more but if the price of bitcoin increase, it will not meet up. I think talk token can fail if admin do not do anything about it now.
  6. That is just the real fact, experience makes someone better and in the process also avoid what happened in the past not o happen again on the present and future. Experience is what someone needs to avoid past mistakes not to happen again in the future.
  7. @Ocean of Islam you can tell someone about your address but it will not be good to tell someone about your public key. Because all coins send to your individual addresses are summed up on public and your whole transaction history can be traced.
  8. There is nothing hard about trading on yobit, it is simple, you can search for the post on how to trade on yobit on this forum using the up search button, you will see one or two articles about it. But know that trading on an exchange does not only mean someone will profit, someone can also lose.
  9. Which site are you referring to? Bitcoin core is not a site but a wallet. It is the first bitcoin wallet, it is the first crypto wallet but supporting only bitcoin. Like if you read the above post by @BitcryptoHan you will realize it takes $300 gigabyte or more before you can be able to use this wallet while I can not recommended anyone to use its pruned version.
  10. Open source wallet is the best but hat does not mean close source is bad, but people prefer open source wallet because the souce code of the wallet is available to anyone unlike close source, but if the company offering the close source is good, then there is nothing bad to go for it. Although, I prefer open source.
  11. Yomose

    Wallet Privacy

    Using a good noncustodial wallets like hardware wallets and online wallets like coinomi, atomic and trust are enough to have privacy. But some wallet do indicates privacy but they are not privacy wallets, just like custodial wallets do indicate they are privacy wallet but just correct.
  12. The topic is not about WRC-20 tokens, it is about cryptocurrencies generally. Trust wallet also support other cryptocurrencies not only ERC-20 tokens. And as for me, I will prefer hardware wallet over others.
  13. Desktop wallets are wallets you can use on computers, not hardware wallets. Normally, desktop wallet like electrum can be connected to trezor or other hardware wallets like ledger nano, but they are not desktop wallets.
  14. Custodial wallets do not keep private key, companies providing the custodial services do not also give user private key, all users have is only addresses. Noncustodial wallet gives full control like you meant because it is users that will generate they private key themselves which means they are having full control of he wallet as they have the private key.
  15. I do not think so because yobit is the brain behind cryptotalk, although yobit is an exchange but it is just like the official wallet of cryptotalk where our payments are made. This can not make them to have their own wallet, even their coin, talk token is created on yobit exchange.
  16. I have not seen the price of talk improving if to comment the truth, the current price at 40 satoshi today, a coin that was at $180 Satoshi before. If to use dollar value, it was 0.0224 dollars before but now at $0.008. if the value do not decrease again will be better.
  17. I do not think starting with $1 will be good. There are many exchanges that has a minimum of $5 to $10 to trade. Even if $1 is possible, it is too small to trade. Starting with $10 will be better to start learning trade. But, if it is normally the minimal amount to trade, I have use $1 to trade before.
  18. Trading can be very risky, but trading can be profitable if you know how to trade. Starting with low amount like you commented is the best, also learning more about trading daily will be good. Before you will know, you will be expert, if you do many trades and yet you gain, that means you have learnt and have experience.
  19. Trading can be a way someone can be poor, but it can be a potential way into making profit and making someone to become rich. It depends on the level of expert a trader is. Newbies are more prone to losses while experts are not prone to losses but having more gain than loss.
  20. Bitcoin can be profitable for people but that does not mean it is also not volatile in a way people can lose. People can either make profit or lose according to predictions in relation to market price. But as people have the mind set that bitcoin can be used to make profit, this is enough to make bitcoin not to die but be existing.
  21. EOS is also a coin that can be supported by many wallets. I like coinomi and trust and atomic for EOS token but I prefer using hardware wallet for it because they are more secure to use. Please, which one is scatter wallet? Can you post the link to such wallet. This could be a phishing wallet.
  22. Yomose

    Android Wallet

    These are just less than few of android bitcoin wallet, android support almost all mobile wallets, or even all mobile wallet. They are very many but knowing the best ones is good. Atomic, electrum, coinomi, trust, enjin, imtoken, edge, bitcoin wallet, greenbit and many others not yet listed.
  23. Even if the coin is sent without the internet, remember the wallet will still later need to be connected to the internet which will make the transaction to be synchronized with the blockchain, which make internet to still be very important for cryptocurrencies. But as of now, I have never seen a coin that can not bee sent using the internet, even sending from coinbase to coinbase in your example still completely makes use of the internet.
  24. Myetherwallet wallet is good but can not be given the attribution of being the safest because it is not close to be the safest wallet. The safest wallets are hardware wallets. Also myetherwallet wallet is a web wallet, a web wallet can not be regarded as the safest wallets.
  25. I can only agree more to your comment coinomi is a noncustodial wallet which makes all your points valid. One of the reasons I also like coinomi is the security, it is very safe. But one thing about the wallet is that it is no more open source, I prefer open source wallet but the wallet is still though secure and safe to use.
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