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Yomose

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Everything posted by Yomose

  1. I like hardware generally but my best are still two which are ledger nano and trezor. They are costly but not too much costly but having the best protection and malware resistant to some extent.
  2. One of the ways I can never make use of crypto is to buy from PayPal, I can not buy what I can not be able to send or transfer to another wallet than PayPal. I strongly can never used PayPal also because it is depriving people of their privacy totally.
  3. Coinomi is not the oldest wallet like you implied but according to what the topic writer stated,it is true that it is one of the oldest wallet, like it was created in 2014 which is quite an old wallet. Coinomi wallet has been one of my best wallet but I do not like it for one reason when the wallet gone close source some years back, I prefer open source wallets.
  4. If I can remember very well, after rsome minute when I checked the trading of talk when the trade opened in November, it was $0.024, that is around 176 satoshi. Now at 38 Satoshi and its value still getting lowers. The coin has only been decreasing in value.
  5. Yomose

    Metamask wallet

    Metamask wallet is a very good wallet which can be recommended but I do not use it because it is a web wallet. Also about you comment that it has good phishing protection, you are very wrong, no wallet has phishing protection. It is you that needs not to be careless. Because, if you are careless, hackers can attack and steal your cryptocurrencies at one time.
  6. All mobile wallets are still regarded as online wallets. But I think the topic started was a mistake, it should be web wallets and mobile wallets. As for me, I prefer mobile wallet, although I still desktop wallet than the two while hardware wallets are my best. But web wallets has been the ones I do not use at all.
  7. Yomose

    Wallet Privacy

    Normally trust wallet can not be hacked but we should still let people know that their trust wallet or any wallet they are using can be compromised, the fault can be from them through unsafe browsing and the likes that can install on their wallet devices. We need to also protecting our devices against malware.
  8. Yomose

    Blockchain Wallet

    I do not know about general scam, but the scam cases of people using blockchain wallet is very high, people do complain about the wallet, I have met many people, not one not two but many that are complaining about this wallet. The wallet can be proven to be good, but the main reason I can not use it are the complaints and also being a web wallet with emails.
  9. How can a wallet will not connect with a network? It will before it operates. But cold wallet private keys are the ones that are not online. But the wallet itself can be offline as well but only when it is not used for transactions. Anytime the wallet wants to be used for transactions, it will be connected online.
  10. You are right that there is long term and also short term trading, but long term trading can be risky, it also depends on the coin you are using. For example, if you bout ripple at $3.4 in 2017 but now still at $0.6, is that gain or loss, it is just loss. We need to make appropriate analysis before even going for long term trade.
  11. If trading the first time makes a scared person lose, the person will scare more and may never trade again. But if he had used low amount of money to start the trading, he could have just lose but having the the mind that he will still learn it more and get it, that can lead to profit later.
  12. That is great, that means you have only be profiting from crypto trading, I hope your words are true because trading generally is very risky which should always be indicated anytime we are posting. But unlike you, no risk but gain, I hope you are saying the truth because trading is risky.
  13. There are many traders that depend on signals, it is just like what could happen but not certain, that is why most inexperienced traders go for the signals but fail and fail again until they are tired. Some are even just scammed by giving them wrong signals that will make them trade and lose after buying the signals.
  14. I think this is just not hard to know, you bought a coin at lowest possible price, which means after you bought it the price started to rise right? Which means as the price rise you are gaining. There are many traders that have experienced this before.
  15. I do not see the difference if you leave metamask for myetherwallet as they both just support only ethereum platform coins and tokens. Why not just use trust wallet that supports all the tokens but also support many other cryptocurrencies.
  16. Yomose

    Freewallet

    You are not getting it right, it is not about wallets that are free, it is the wallet that is called 'freewallet'. It is created by HitBTC and a custodial type of wallet that require for email or phone number upon registration.
  17. Yomose

    Blockchain Wallet

    That is nice that you realize that coinbase is a custodial wallet and that expert can not use it because of the lack of private key. Blockchain wallet is a good wallet but I did not use it because noncustodial wallet should not require email but nothing than generating seed phrase as backup.
  18. Watching analysts is not all, you have to be your own analyst, reading news always, checking the price of the coin you want to trade, taking other proper technically analytical means like making use of indicators and so on.
  19. I too can recommend someone to start to trade, but like you said that someone can not just get rich overnight, he has to be patient, but in trading someone can even lose overnight. Even if the trader have high capital, he needs to just start with low capital like $50 to learn everything and see how trading is risky and what to avoid.
  20. Trading is not the same as investment, although they are similar. The investment is to hold, which can take more than 6 months. Trading is less than six months like swing trading or taking just within a day which is day trading. There are few newbies that trade and gain but most will lose. Good to start with low amount of money to have the experience.
  21. Nice one, this is a good start to trading, beginners can gain from it, but it does not indicates somethings about trading, how trading can be so risky and listing the rules to reduce the risks. It also do not indicator more of technical ways traders should have as strategies. But just for people that really want to open a trading account, the write up is good.
  22. Recently I had a panic sell of ripple, later the price increased, the coin was too volatile and significantly affect my fund, but not long in minutes that I sold it for tether the price increase and I could have gained $50 or more. It is just good to be patient while dealing with cryptocurrencies.
  23. No, not because USDt comes with low price than BTC, it is just that BTC is not stable, people like to trade stable coins as their primary while pairing it with unstable coins. That is why many unstable coins are paired with only USDt because it is the mostly used stable coin.
  24. Analysing the last price of a coin before buying it is very important to let people know how to profit from it. But we need to have more experience and know more about the current situation to be able to predict and buy at the appropriate time. Know that it is not only when a trader know about how to analyse alone but also about how to have patience to be able to enter market at the right time.
  25. I do not like people to comment good about trading and not also commenting otherwise. It is true that trading is good and a way to make profits but what about the risky aspect of it too that anyone the day trade out his money at risk in a way he can lose or gain that it require experience to many trading strategies into gain.
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