victorxb's Content - Page 2 - CryptoTalk.Org Jump to content

victorxb

Members
  • Content Count

    176
  • Joined

  • Last visited

Everything posted by victorxb

  1. In my country there are still very few people who know about cryptocurrencies, in general they have heard about them but do not pay attention to them. Although in recent years the number of people who know them has increased due to the fact that many businesses are beginning to accept cryptocurrencies as a means of payment.
  2. When trying to earn free bitcoin without investment you will realize that the profits are very small, from my point of view it is better to invest, but not in those pages that claim to work your money for you since they are all scam. The best thing is to train as a professional trader and start trading on an authorized exchange, so the profits or losses you get will only depend on you.
  3. For me, the key to success is to have a very intense desire to achieve it and to that intense desire to combine it with a lot of discipline since the road is not easy and only those who want to achieve it with all their hearts are what are going to achieve it. This applies to anything you want to be successful at in life,
  4. Like everything in life, nothing is safe and even less investing in cryptocurrencies since to do so and obtain the least possible loss of capital you have to study a lot, practice every day and lose money in the process. It is not safe to invest in cryptocurrencies, but as some say "no risk, no reward".
  5. The truth no one knows but despite that he created how many people also believe that bitcoin will exist forever since it was the founding father of cryptocurrencies and is currently the most important cryptocurrency, so I doubt that it will cease to exist, because it is well established in the market and many people trust it.
  6. If you can get that amount of Bitcoins weekly, you could even get them daily, but for that you must have an immense amount of knowledge and money. In my opinion with adequate knowledge sooner or later a weekly bitcoin is generated since it is not such a crazy goal.
  7. If you cannot enter your wallet it is impossible for you to recover your cryptocurrencies, for something most wallets give you the option to make a backup and give you 12 phrases that you must put in the order they indicate in case you have lost your coin purse.
  8. In my case, I keep cryptocurrencies because I think they are going to go up in price and therefore they are going to generate passive profits. Of course, there are also the type of people who like to spend them or change them as quickly to fiat money, but in my opinion it is not the right thing to do since fiat money cannot generate the income that a cryptocurrency would generate.
  9. Very good advice, in addition to those, I would add that if you use online wallets or have your cryptocurrencies in exchanges such as Binance, always activate the double authentication factor to make it more difficult to access your cryptocurrencies. And like everything, always use a password as difficult as possible and not share it with absolutely anyone so they promise you things.
  10. I personally do not trust the predictions since there is nothing better than doing the corresponding analysis of the market yourself. I always invite you not to trust anyone other than yourself, that is the pillar of a good trader, someone who is so sure of himself that he does not require the opinion of others.
  11. The truth is that I don't usually spend a lot of my cryptocurrencies, I prefer to leave them generating passive income, but I have paid several times in stores that accept Cryptocurrencies as a means of payment and the process was quite simple in my opinion, so it is a good option to pay for services with cryptocurrencies for the ease it provides.
  12. My worst experience was when I bought bitcoin practically at its highest historical point just because I let myself be influenced by other people and ended up losing more than 25% of my capital. Luckily I sold before my losses increased, since if I had not sold, at this time I would have a loss greater than 40%.
  13. At the moment I only plan to invest in cryptocurrencies such as Ethereum and Bitcoin, but I do not rule out the option of investing in real estate since the correct idea is always to diversify your portfolio. I am only investing in cryptocurrencies because you can start with less capital, and real estate usually requires investing large amounts of money.
  14. The truth is practically impossible. Maybe it could go as high as $ 150,000 at the most, but I doubt its price will increase that dramatically in just 10 years. It has been more than 5 years since Bitcoin arrived and the maximum that it has reached is 20,000 dollars so it is very unlikely that it will reach such an exaggerated price.
  15. I do not think that Bitcoin will have a decent competition for at least the next 5 years since it is very consolidated with respect to other cryptocurrencies. If we start to observe Ethereum it is the next one, but it is still very far from Bitcoin and we can observe that in its market capitalization.
  16. Discipline is very important to become a good trader, always put limitations on how much you are going to trade per day and respect that plan regardless of the results you are obtaining, because if you are persistent and very disciplined sooner or later you will succeed. Discipline combined with a strong desire to succeed creates the best trading tool there is.
  17. In my opinion, the top 100 with the highest market capitalization will survive for a long time, as most of them have a solid foundation and have a good idea to use. The cryptocurrencies in which people have the greatest confidence such as Bitcoin, Ethereum, Litecoin, will always survive.
  18. The only way to become a good trader is to study a lot of technical analysis and fundamental analysis. But not only studying is enough to become good traders, we must also practice a lot transferring the knowledge we have learned to the broker where we plan to operate. They have to be very clear that in the process of becoming a successful trader they are going to lose a lot of money and waste a lot of their time.
  19. I think that what encourages us all to enter the world of cryptocurrencies is the possibility of generating income from home. I personally came to know about cryptocurrencies for economic reasons while looking for how to generate sources of income from home online.
  20. I am very dedicated to cryptocurrencies so I take them very seriously, that is why I invest 50% of my monthly income in increasing my portfolio, since by holding holding I recover my investment in a few months in addition to passively generating income. I always invite you to invest all the money you are willing to lose because for taking that risk you will be very well rewarded.
  21. Cryptocurrencies can be used to obtain a source of income. The only difference is that the amount of income you generate will only depend on you and not on external agents as it would be in a company. I always say that the more knowledge and experience you have in the world of cryptocurrencies, the more money and income you will get.
  22. The robots do work but they will never have the performance that a professional trader can have. By the way, to use a robot you have to know how to trade since you are the one who programs it. The best option will always be the one that best suits your investment style. If you want better performance and not depend on external agents then trade, but if you want someone or something to do the investments for you then use robots.
  23. I will never give up cryptocurrencies because they have given me a lot of knowledge and a lot of money. For me, cryptocurrencies are much better than Fiat money for the ease they provide when making transactions or paying for a service. I will never leave cryptocurrencies since thanks to them a lot of possibilities have opened up for me.
  24. Cryptocurrencies of course that can change a person's life, can make them a millionaire or simply bankrupt them, this largely depends on what the person aspires to and if they are willing to sacrifice enough time to learn to invest. Investing in cryptocurrencies is not easy, everyone wants to become millionaires but only the most persistent will achieve it.
  25. The truth for me is the clear winner is Bitcoin since Paypal has many restrictions if you do not have a verified account and even many people have had their credit card data stolen for using Paypal, so without a doubt I much prefer to handle Bitcoins what Paypal balance.
×
×
  • Create New...