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Everything posted by Michaelx018
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While doing transactions in cryptocurrency the main thing you have to to be sure of is that you give the correct withdrawal address and the correct deposit address. Never disclose your withdrawal address to anyone. If you do that you are pretty much safe from most of the dangerous.
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I like the more active approach of buying and selling crypto coins in exchanges, I believe that the prices of coins are volatile enough for us to make profit in it. I also hold some cryptocurrencies which I believe will make some profit in the future.
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I started gathering up my stockpile of cryptocurrencies around September of this year during the covid-19 pandemic. I was initially a bit reluctant to invest money into this sector after realising the huge potential this has, I started to to look into it more.
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Why much people still think Crypto is gambling?
Michaelx018 replied to hmind's topic in Crypto World
I think what people mainly lack is the awareness of how the cryptocurrency platform and the investing and trading part of it really works. If that section is clarified to the general public then this false notion that cryptocurrency is a gamble would be nullified. -
Both ripple and etherium are the top cryptocurrencies which are competing against Bitcoin at the market currently. even if xrp manages to overtake ethereum in the coming days, I don't believe it will be much of a factor because it is a decentralized currency which in my opinion is the best.
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eth 2 Things you need to know about Ethereum 2.0
Michaelx018 replied to Whited35's topic in Crypto World
Ethereum is one of the most stable coins in the market right now and it is competing with the likes of Bitcoin and other major cryptocurrencies. it is a highly welcome news that the new face of the ethereum coin has such new technology advancements which help us greatly. -
You can only take the results you get from the website which you mentioned with a pinch of salt because the algorithm which the site uses outdated most of the new scamming websites are technological advanced and will bypass many of security checks.
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The dice feature on yobit is basically gambling. you can double the amount of BTC or any other currency which you have using the dice feature in youbit it works on the probability factor with almost a success rate of 50%. Is what I think.
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I mostly look into topics which give me more information about cryptocurrency so that I can enhance my knowledge in this field. there are a lot of experience members in this forum so being active and coming under topics like that is highly beneficial.
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Reason for buying bitcoin with credit card is not easy
Michaelx018 replied to Sharoncott's topic in For Beginners
Many countries still have not approved cryptocurrency as a form of payment or even as an investment asset. In countries like India cryptocurrency trading and investing is completely banned. So using credit cards and debit cards for such use in India is risky. -
Multiple accounts for fake positive rates.
Michaelx018 replied to Calvinpriva's topic in For Beginners
One of the ways you can get likes in your post if you are a beginner is by hosting more than 20 comments perday. for example if you make 30 posts per day as a beginner then most probably you will get likes from the members for at least 15 to 20 post. You don't have to resort to having fake accounts. -
Awareness about investbox for beginners before investing on it
Michaelx018 replied to Jami273's topic in For Beginners
Thanks for sharing these days related to the invest box , I also have invested in some cryptocurrency using the invest box namely dlrs and water. The price of these coins have fallen drastically after I have invested. -
even though fake currency show a bit of profit at the initial stages, I would highly advise you not to waste your precious money with it , because the value of the currency can for it any particular time and we will not have any warning.
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As a beginner in the investing and trading platform of cryptocurrency I do both selling and buying of the tokens. optimum profit can only be achieved when you realise the market trends and buy and sell currencies according to it.
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I personally think it's good that the members take the time when create such explained and well structured topics. even if they take some time to read and carry some extra information which might not be beneficial ,in the long run, the extra information might come in handy.
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6 coins that have a good future in the market
Michaelx018 replied to emirojose4311's topic in For Beginners
If there are any beginners out there who are looking to invest in cryptocurrency for do not have enough portfolio to invest in the coins mentioned above because of their value , I would suggest to invest in talk and dlrs. Water is also a good option. -
Definitely you should have someone with a mentor role so that you can ask that person for help and guidance before you invest in a currency. Especially if you are just starting out a person like that would be highly beneficial for you. There are many experience members in this forum itself. Make time and communicate with them.
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There are a lot of factors and trends which decide the value of cryptocurrency at any point of time. when you venture into the world of investing and trading always be aware of the risks involved and try to make your moves according to it. Personally I am looking to invest in Bitcoins as of now.
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Scams and phising in the cryptocurrency platform appear in many ways and forms. you should definitely be aware of the risks you take when you go into a new venture and try to find out more information about it before investing. Stay safe!
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Cryptocurrency is undoubtedly the future of freehold payment and financial system all around the world. we can confidently say that the use of cryptocurrencies will be normalised to the general public in the coming years. The value of cryptocurrencies just keep on increasing.
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the only investments which I have made in the whole cryptocurrency sector is the Bitcoins and tokens which I have received by being active in the forum cryptotalk. I did not make any initial investment so every profit I make it is good for me.
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Are you going to invest or are you still going to wait
Michaelx018 replied to apolaki's topic in Crypto World
The news of vaccines will definitely be creating an impact in all of the investment sectors not only the cryptocurrency one. We can expect a surge in the shares of many coins, also a decrease too. The best thing is that we can use this opportunity for our benefit. -
The forum is again in lockdown and the add to BTC has been disabled for users because the cleanup process is in full swing currently. lot of the users are being removed because they fall under a certain algorithm of spammers. The moderators are doing a great job.
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This is really good information. I was not aware of the fact that there were courses only based on the blockchain technology and the workings behind it, but none of these courses seems to be near the place I live so I cannot take these courses.
- 133 replies
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- blockchain
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