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velasco19

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Everything posted by velasco19

  1. velasco19
    My first purchase was the BNB coin from Binance because I learned about cryptocurrencies and trading through YouTube, so that currency was necessary to pay the commissions and from that moment I entered the world of cryptocurrencies.
  2. velasco19
    I think that to try to teach someone about cryptocurrencies before, you must first know how it works to be able to explain the advantages to the other person and not overwhelm them with knowledge. Another part that we must analyze is the personality of the person and if he is willing to change, if his mentality is closed then we will not be able to convince him.
  3. velasco19
    My advice is that you investigate the project you want to enter, reviews, read its website and roadmap, this you should do to have a little knowledge of how it works and the projection of the currency in an estimated time. I think everyone recommends bitcoin but in the long term and I consider it to be successful, however you have to be patient to reach the goal.
  4. velasco19
    Venezuela is a country that faces a great crisis, so they have chosen to use cryptocurrencies in their lives for different expenses due to the devaluation of their currency. It should also be noted that they occupy the first places in the world in cryptocurrency transactions so the Pizza Hut move is really convenient and benefits both parties and if it is successful it can expand to other countries.
  5. velasco19
    Without a doubt my choice is Binance with its P2P exchange where you can convert FIAT money to cryptocurrencies or vice versa, it is necessary to highlight its low "spread" with respect to the market price and it does not charge commissions, I speak from my personal experience because I use platforms like AirTM or LocalBitcoins but I always bought at a slightly more expensive price and that affects your capital.
  6. velasco19
    A few months have passed since the pandemic that affected all markets and if we do a comparative analysis BTC was the only asset capable of recovering in less time and increasing its price a little more than 4 times compared to the lowest price it reached due to In this situation, that shows the consolidation and strength of bitcoin.
  7. velasco19
    In my case they represent an additional income, because I am studying and I cannot dedicate all my full time to earn with cryptocurrencies. In the future I want it to be my main income because you can have more freedom, although price fluctuation has to be considered a lot.
  8. velasco19
    Thank you very much for the information, I finished looking at the page you mentioned and I realized that there are more than 50 ATMs in my country, unfortunately they are only located in 5 main cities, although another issue to take into account is the cost of that transaction because it would be expensive for small amounts.
  9. velasco19
    Maybe it can make the dollar devalue a bit, in fact the dollar has been in decline in recent years due to many issues that even the IMF leadership made an announcement that due to the crisis we could be thinking of a new "Bretton Woods" agreement .
  10. velasco19
    A news that could affect the price of BTC, although as they have already ordered to sell it will depend on the amount of sales they are making because I suppose they will not make a massive sale, I see the possibility that the rise will be delayed a bit and the price will probably fall. Thank you very much for the information, I suggest you put the source of information.
  11. velasco19
    You are right in the world of cryptocurrencies you learn many experiences both good and bad and they will help you not to make mistakes from the past. Nobody can go into the practice without knowing the basic concepts or operation of cryptography and this way of acting is evident in newbies who invest money in any currency or buy through FOMO.
  12. velasco19
    Yobit is a site that offers other services other than trading such as InvestBox, mining, automatic trading robots, he says, it is honestly a very complete site but it needs to handle more market liquidity to be competitive with Binance.
  13. velasco19
    You are right in the world of cryptocurrencies, we find that kind of scheme, coin benders are risky places where only the first to enter win, for example, bots of that type abound in Telegram and in the TRON network there are contracts that They work the same only that you can monitor their status and leave whenever you want as long as there is a balance in the contract.
  14. velasco19
    The cryptocurrency market is variable, in the case of BTC the question is to locate the possible purchase areas to get on that train, but it also depends on your vision for the future because if you enter only because it is rising in price it is likely that you will lose money by the FOMO
  15. velasco19
    It depends on the type of trader you are, for example scalpers do not leave open operations when they sleep, in the case of Day Traders they usually put a stop loss at certain prices according to their previous analysis and let the market make its movements.
  16. velasco19
    One of the platforms that I use the most is Binance due to its large volume of trade and its low commissions, sometimes I use the Yobit platform, although the drawback is that there is not a good volume and liquidity of trade and the difference between the purchase orders and sale are a great limitation for a trader.
  17. velasco19
    Thank you, honestly, I never noticed the numbers that appear in the profile link represent our Cryptotalk UID, in my case when I entered the campaigns I linked through my email address.
  18. velasco19
    I partially support your suggestion, perhaps one option is to considerably reduce the InvestBox percentage, however these bullish movements of BTC influence the price and everyone prefers to exchange them. If this continues, the price of the token will have the same fate as the DLRS due to the large sales.
  19. velasco19
    Great explanation, more than 10 years have passed since the creation of Bitcoin by Satoshi Nakamoto who was only looking for a trusted protocol to eliminate intermediaries and transactions were between the two parties. I think that the most disruptive was the blockchain and its ease of monitoring transactions, that caught my attention and I hope that in the future applications will emerge in the different sectors that implement the blockchain.
  20. velasco19
    My recommendation is to save 70% of bitcoin in any portfolio, but you have to think long term and be patient. Although research is a crucial part when investing in cryptocurrencies, if you do not know where you are putting your money and you do it because of what others tell you, you have the risk of losing your money due to ignorance.
  21. velasco19
    Your reflection applies to any area of life, we must always have a mentality open to changes and improvements to have personal growth. In the case of the world of cryptocurrencies, if you do not have the mentality to learn on your own and complement it with the experience of others, you will definitely not advance.
  22. velasco19
    I understand your perspective at the beginning all the members comment on the topics in the forum, sometimes we wanted to create new topics but there is a little ignorance of the forum rules and consequently our posts are eliminated. It is important to take the first step, I recommend posting in the most popular sections of the forum for your first topics and the content must be attractive so that it can be read by other members and valued.
  23. velasco19
    Weekly Report (Week 6: 24 November - 30 November) Date: 30/11/2020 Cryptotalk username: velasco19 Link to Cryptotalk: https://cryptotalk.org/profile/253653-velasco19/ Telegram username: @velasco19 BetFury nickname: velasco19 Links to your posts/reposts: 1) 2) 3) 4) 5) 6) 7) 😎 9) 10) 11) 12) 13) 14) 15) 16) 17) 18) 19) 20)
  24. velasco19
    You always have to be alert with those big movements of BTC, they usually give indications of the possible future movement of the cryptocurrency, for example it depends on whether the transfers are towards an exchange or outside of it. I would also like you to put the source of the data, thank you very much.
  25. velasco19
    Thank you very much for your explanation, I honestly did not know the difference between a simple interest and compound interest, although to invest you have to know the type of currency, in this case DLRS offers us a high profitability but if it drops in price then the number of days in InvestBox will increase considerably.
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