Ritik Sah - CryptoTalk.Org Jump to content

Ritik Sah

Members
  • Content Count

    19
  • Joined

Community Reputation

36 Excellent

About Ritik Sah

  • Rank
    Brand New
  1. Yes, I think Cryptocurrencies can be more powerful than our fiat currencies.People are using the fiat currencies because of the boundaries and limitations of their nation and government. However, I think Cryptocurrencies may be able to govern the fiat currencies because of it's work speed ,reliability,low fees , security, and also it is accepted globally. There is a chance,one day every country's banks will also accept cryptos.
  2. Yeah sure ,I use olymptrade for trading . Its one of my favourite trading platform . It lets you to trade with just the minimum investment of $10 . With proper skills of trading and Patience, it is a lot easy to gain profits from these types of platforms. Good Luck...
  3. I don't think that we need a great amount to start trading . I started trading few months ago and I just started tradings with $30 and I'm creating a nice profit now . What I learned from my experience is Patience and skills are more important than huge investment . However,you can start you trading just from $10.
  4. I think its a tricky type of question because both of the coins are widely used in this cryptoworld. But personally, I prefer to use etherium as it is leading every altcoins .
  5. Yeah, I think gambling is a very dangerous addiction. Once we dive into the gambling, it would be lot difficult for you to get out from it until you lost all your assets. I was also once addicted to gambling. At first I got some earning. But when I started losing, my mind wasn't in my control and I bet higher and higher amount to overcome my loss but I lost everything at last. So, I quitted gambling after that. Now I earn on my own efforts. So stay far from gamblings. Because the greed of getting rich in very less time may lead to the loss. Good luck
  6. My favourate alt coin is Dogecoin. Its my all time favourite as it has very less transaction fees. Transferring of any amount just takes the fee of 1 doge coin which is very very less fee. Also I earned 150% profit on my 50,000 dogecoins which was best for me.
  7. Yeah, I think it would be a good idea to convert all your fiat currency to crypto but it depends on your capability. If you think you have the capability and knowledge to uplift your earning in cryptocurrency than in fiat either by trading or starting your own cryptobusiness like exchange platforms ,then it would be really a great idea to convert all your fiats into cryptos. But if you dont have proper knowledge about crypto trading or any other business, then I think it would be a bad idea to convert all your fiats into cryptos. Instead you can convert a part of your of your fiats into cryptos and try holding till its price rises up so that you can earn profits by selling it in a high price.
  8. If I were you I would not quit my job for cryptos . Instead I would take it partial. I would have saved my earnings and invest it to start my own small solar mining farm at home which would give me a consistent earning for my lifetime. After that i would slowly upgrade and increase my mining systems and it would be profitable for a long time. I would exchange them to cash if I needed it otherwise I would hold it for future use and exchange.
  9. Everyone knows that the function of CPU and GPU are to process the different types of data. But we should also know that mining is also the same . During mining, our CPU or GPU processes a lot of complicated mathematical calculations with cryptographic hash and solve them. Next thing you should know is that NOT every CPU and GPU can perform each an every task. For example, the computer which are used in normal departmental store uses low speed CPU which may be fit for the work of that Departmental store, But the same computer cannot be used to play high end Games because those games requires high processing speed. Greed to earn more in less time may lead you to a great loss. You should know the capability of your computer's Processing capability and work according to it. Actually heating is not a problem. The problem is Overheating. So, to avoid Overheating you could consider the following points: 1) You should decrease the mining speed . 2) Don't try to mine continuously for whole day. Try to give rest of 10 or 15 minutes to your CPU or GPU after its continuous use of 1 or 2 hours. 3)Use of external cooling system is a good idea but you should keep in mind that your CPU or GPU should not be overloaded to its extereme or high use
  10. I dont think using wallets like freebitco.in is a nice idea for storing your btc . If you want to earn interest for your cryptoassets you can use "Nexo" and "credearn". These are far more trustworthy than "freebitco.in". Among Nexo and Cred I will prefer nexo as it is such a platform which provides you interest for your cryptoassets @of 8% per annum . Not only this Nexo also provides you instant loan in fiat currencies like Dollars for your cryptoassets if you want. So , Overall we Can say that Nexo is a very good and Trusted platform which provide service of dealing loan and interests for your cryptoassets
  11. Trading on your own is great thing . We should learn and try to develop our own techniques on trading. But everytime it isn't easy for us to trade on our own . And copy trade may be a great option to trade by copiying the experts. Every trading site dont let you copy trade. A trading platform named "Etoro" gives you a option of copy trading . But remember , The greed of getting rich in short time may lead you to losing . So try to use your ideas and have patient. Dont try to trade in hurry or in depression of losing. Trade safely. Good luck
  12. Actually Telegram is a good platform to share knowledge about cryptocurrencies. It's true that knowledge of many people in a group helps you learn with much ease. But as you know everything in the world have pros and cons. There are also some cons of using the telegram grous and investment bots. Lots of scammers are there with keeping their mouth open. They may show you eye catching investment deals like doubing your amount in 24 hours,10X your investment but they won't return any thing at last. So be careful before you invest anything in it. At the end we can say that telegram may be a good option for being updated with different news but you should try to be safe from investments there.
×
×
  • Create New...