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LeoXen96

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About LeoXen96

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  1. I agree with you that they add more topics because I start to see many almost identical topics and the truth is not funny, exploring more topics would be interesting!
  2. I have had that experience of teaching people not so great but 45 years old who were interested and every so often they asked me what that was, and well what they asked me the most was "mining" bitcoin, Bitcoin "mining" induces one to think about extracting coins from the ground. But Bitcoin is not a physical thing, so why do we call it mining? Because it is similar to gold mining in that cryptocurrencies exist in the design of the protocol (just like gold exists underground), but has yet to be brought to light (just like gold hasn't been dug up).
  3. Automatic trading is simple, a program (bot) is configured, let's say so, that analyzes the market according to candle patterns and technical analysis typical of a common trader, then the bot when analyzing the market, draws the conclusion that there will be a price drop, then open a sell operation, and if the bot analysis is correct, you make money.
  4. I think that the one with the most risk is in the long term, because many things can happen that impact, it is obvious that also in the short term it is affected by market news but it is usually restored to normal, instead in the long term who knows what can happen
  5. I really consider them to be profitable today because overnight they can increase a large percentage of their value, but what does that mean? a very high risk, never forget that "A high profit implies a high risk"
  6. I remember the first time I used a cryptocurrency, it was the Dogecoin, I was happy to have bought it, then I began to understand that it was not going to increase much so I started buying others, but it was the first time I bought and mine too!
  7. Yes! I currently use it to avoid losing the value of my money, since it is devaluing rapidly, that is, I protect myself with stablecoins against a devaluation that increases more and more, and incidentally I invest in other cryptocurrencies.
  8. If it is long-term, I recommend bitcoin first, because as the years go by, its price increases considerably, which would generate a good return over a long period of time. But if it is short term, you could protect your money in a stablecoin so that your currency does not lose value, and at the same time invest in some projects or airdrops
  9. I have always handled exchanges such as Coinbase, Yobit and Binance, because they are safe and I never had problems of any kind, I have had an account for several years and it has been intact since then. I recommend them
  10. I think that the stop loss is a life saver, or rather an account saver, there are many people who operate without a stop loss, although most of them monitor their operations, I have seen people who by stopping monitoring for a while have lost a large part of your capital. In my opinion, the stop loss has to be taken as a mandatory requirement.
  11. In my opinion, Bitcoin is so popular because of the growth it had throughout all these years, we reached the point that many people take it as a long-term investment, it is also a cryptocurrency that has a countdown with respect to its mining , there is less and less and that increases the demand so its price becomes interesting.
  12. Es obvio que coinbase tiene una seguridad altisima la verdad, y la recomiendo por eso, pero hay paises en donde solo sirve para almacenar porque en mi caso no puedo intercambiarla por otra moneda, es decir no puedo vender ni comprar una criptomoneda, solo me sirve para recibir y enviar
  13. If I have used bitcoin to make payments, near my city there are places that have begun to take the initiative to include cryptocurrencies in the form of payment, and the truth is that it is very good, it is fast and generates some confidence in cryptocurrencies. true and I hope all this expands more!
  14. First you have to carry out a good analysis of the project, set different points, to find out if it has a growth potential, the ones that stand out the most are those that solve a general problem, always buy when the price falls or is low according to what What do you consider according to your analysis, if you are sure, buy and if it is a good project and there is a lot of investment, it will give you a good return
  15. The truth is I do not think it will reach $ 20,000, it is October and the price still does not move much, surely later if it touches that price or even more, but by the end of the year I do not see the possibility of 20k, it will surely go up 30 % or little more but until there just
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