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velasco19

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Everything posted by velasco19

  1. velasco19
    Faucets are legitimate pages, only you cannot earn a lot of money and referrals play a very important role because they are the best way to earn money on those pages. I understand that the effort is little, however it takes a great amount of time and is not worth it.
  2. velasco19
    The upward momentum of bitcoin has been transferred to the Altcoins, although it is good news I am concerned about the parabolic shape of the rises, hopefully the price will consolidate to find purchase points in the next few days. Among the cryptocurrencies you mention, I have an interest in IOTA for the support of the Internet of Things technology and it has its own Blockchain architecture. From my perspective, we must be attentive to the market because we could start the long-awaited "Alt Season"
  3. velasco19
    Thank you very much for warning us, since the launch of Uniswap's UNIs, there have been many scam projects with similar names that seek to steal money from users. It is very important to follow the official communication channels of the cryptocurrency projects to have accurate information, the best we can do is report the application in the Play Store.
  4. velasco19
    Welcome to the forum, I think that investing is the fastest way to start in the world of cryptocurrencies, although you must first spend time educating yourself about the Blockchain. I don't recommend the mining option very much because the investment is quite high for beginners. On the other hand, you can start from scratch by accumulating satoshis in this forum and then you can invest the money earned in what you consider most convenient, you may have to explore the different sections of the forum in search of more information.
  5. velasco19
    Weekly Report (Week 5: 17 November - 23 November) Date: 23/11/2020 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. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20.
  6. velasco19
    The best way to store your private key is to have it outside of any device that has an internet connection, in my case I write them in a notebook and keep it in a safe place in my house. The idea of converting words to numbers is interesting, it can be a possibility to encode the key in numbers and store it on a USB memory as a backup and the device is always away from the internet.
  7. velasco19
    Thank you very much for your information, OCO orders are useful because they work to handle the 2 possible trading scenarios. An additional benefit that I have observed is that they are used to open operations in low volume currencies and that they are easily pumped, since they are very fast movements they can be useful in those cases.
  8. velasco19
    The issue of volatility is a very good point because it depends on the supply and demand of the price for which it could generate losses for the seller or buyer, also it must be added that currently the bitcoin blockchain is not optimized for the large amount of transactions that everyday life requires and the transaction cost could be an expense that must be analyzed. Another aspect is the regulatory issue of each country that will expand or restrict its use.
  9. velasco19

    MINEX coin

    velasco19 replied to wassim19's topic in For Beginners

    Investing is always risky, indeed two days ago it had a strong price increase because the miners upgraded to V3, doubling the reward 10 times more and that caused a lot of FOMO because it was almost $ 48 a day, but if we analyze the price of MINEX was unsustainable because they were all going to sell immediately they will be paid. At this time it is better to trade and hopefully it will go up soon for those who bought miners.
  10. velasco19
    Staking is a good way to generate passive income while blocking your cryptocurrencies for a period of time, but it should be taken into account if you are doing it because of the projection that the project may have in the future, otherwise you can put your money and then devalue it if the currency falls too low in price. There are pages like "Staking rewards" that can give you more detailed information on the currencies that use this method.
  11. velasco19
    USDT is a stable currency, as you mention it has been involved many times in manipulation scandals and the creation of excessive money and many times the 1: 1 support has been questioned, even so it is the stable currency with which it is most traded So I would say the risk is medium. Although there are other currencies equivalent to $ 1 such as BUSD, TUSD, PAX, DAI in case you do not fully trust USDT.
  12. velasco19
    Do not worry about having followers at this time, the first thing you should do is create quality content so that you can stand out among the other members, the rest will come only in due course, so you can get followers who are aware of what you write.
  13. velasco19
    This post is from a few months ago and without a doubt the author chose some good currencies, anyone can see their price history in TradingView and will see that good returns were obtained, for example: XTZ went up to $ 4, DOT was a little known project and in recent months it caused a lot of interest, ATOM went up from $ 2 to $ 8. The author has a keen eye for investments because they were all little known and solid projects.
  14. velasco19
    I think the same, it is important to investigate the project that is invested and decide the level of risk, if someone buys to invest it is because they believe in the project and are not afraid of the price fluctuations that the currency may have because it already has the Know the estimated time of your investment and avoid selling your cryptocurrencies even if they fall in price.
  15. velasco19
    I see a lot of potential in the EOS chain, despite having a good capitalization its price does not support it. They are currently working with Dapps and exploring the games in their chain, from my perspective it may be a gem for the future, but it is a bit difficult to predict the price in 5 years because many things can happen.
  16. velasco19
    The arrival of the ETH 2.0 layer has caused quite a stir this year and has started to influence the price. One of the problems that all users experience is the high transaction fees and they limit the interaction in the ecosystem a bit and let's not forget the change towards PoS which is very striking and will be another factor that will increase the price.
  17. velasco19
    Currently I am accumulating some coins with Pos system or that have growth potential: XTZ: I am waiting for your applications in smart contracts and Dapps, it also has a cheap price. TRX: I like the Tron network for its speed, possibility of staking and I use it to invest in some smart contracts, although I recognize the risks involved. BNB: It is a currency with many uses, good demand and the burning of coins can increase its price in the medium term. Finally BTC for the growth it may have in the future and for the value it represents
  18. velasco19
    I agree with you, many people are afraid to invest, bitcoin has shown us that despite all the circumstances that happen in the world and that have affected it, it has always managed to overcome and continue to rise. From my perspective I see bitcoin as a long-term store of value and I firmly believe in cryptocurrency, but to get to the point of trust it is necessary to carry out exhaustive research and understand how the technology works otherwise you will continue to see BTC as a bubble. In a few years we will certainly see many people thinking, What if I had invested?
  19. velasco19
    You are right in stating that more topics can increase your reputation, but you should look for new information to what already exists in the forum to avoid repeating a post or making generic content worthless. Increasing your reputation using this method requires that you acquire a passion to research Blockchain news or topics, so you can have a good reputation and even gain followers.
  20. velasco19
    It is a good contribution to monitor the price of BTC, however an application on your phone is much more manageable and has the limitation that it only shows you the price of BTC, but what about the other cryptocurrencies? What do I do if I want to calculate against a different pair? I think you have to look for a more complete page like Coingecko or CMC.
  21. velasco19
    "Name” of campaign: SignatureCryptotalk username: velasco19Link to Cryptotalk: https://cryptotalk.org/profile/253653-velasco19/Telegram username: @velasco19BetFury nickname: velasco19
  22. velasco19
    I will use most of it to trade and try to generate more profits, my particular interest is to accumulate as many satoshis as possible thinking ahead. The remaining part I will look for an investment platform or buy some coins of my interest.
  23. velasco19
    It has long-term potential because BNB burns its coins every so often, reducing circulation and since it has many uses within the exchange and its network has a good demand that in the end should drive the price up, that is my humble speculation.
  24. velasco19
    It must be clarified that investing carries risk, currently DLRS is in a downtrend and it can be an opportunity to buy at low prices, in times of market panic it is where the whales see an opportunity and buy. On the other hand I do not know what supports DLRS because otherwise it is difficult for it to rise in price later.
  25. velasco19
    Decentralized exchanges are important for people who do not want to deposit their money in an exchange and make transactions there. You control your own cryptocurrencies and it is safer because you do it from your personal wallet, although sometimes it depends on the volume on the platform or the purchase and sale orders influence the final price of your transaction.
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