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velasco19

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Everything posted by velasco19

  1. The same thing I said, an investment requires a great in-depth study of the cryptocurrency such as the commercial allies, ecosystem, innovation and characteristics that stand out with respect to other cryptocurrencies, that is, they have an added value. In my case, I bought XTZ at $ 2.34 because I think it has potential and I am not scared because it lowers the price, when the market is in panic it is where the purchases are made and in a staggered way.
  2. I think that buying by Visa or Mastercard is an option, but it is definitely not the best option, you must pay expensive commissions, between 5% to 10%, so at the end of the transaction you will have less amount than normal and I have noticed that at Sometimes the price is usually a bit high compared to the current market. Buying through P2P is somewhat more tedious but it is undoubtedly a good option, you can even get BTC a little cheaper compared to the market price.
  3. Buying bitcoin is simple, you just have to find a site with a good reputation on P2P exchanges. If you opt for this option, look for a seller with a good level of confidence and who is quick to carry out the transaction, from personal experience it is tedious to have to wait and you even worry in the process. You can also buy by debit card but the commissions are quite expensive, around 5% of your purchase.
  4. I like the BNB coin because it can increase its value in the future due to the fact that every certain period of time they burn coins, this will reduce the amount in circulation with what is expected to increase its price value. Another aspect to highlight is that it is backed by one of the most recognized exchanges such as Binance, which is why I consider it a good currency.
  5. Excellent for you, I am 20 years old and I am also a student, I have invested some money in cryptocurrencies, for example I bought BNB around $ 15 and I recently sold, that has helped me pay the rent of my room in the city and some domestic services.
  6. Cardano is a fairly strong and solid cryptocurrency, it does not have such high rises but its growth over the years has been constant, I can say that it advances slowly but surely, this makes it a good investment and additionally it already had its update to perform staking of the currency and get dividends.
  7. I think that the best coins are LTC, XRP DOGE, they have extremely low commissions and in the particular case of Litecoin the creation of blocks takes a few seconds, which is why it has a high speed to credit the transaction. While Ripple adds a MEMO so that the transaction is not lost in case of errors, I have heard that thanks to this some people have been able to make a claim to some exchanges and recover the coins.
  8. Maybe they will do another airdrop, but obviously the amount to be distributed will be much less than the 400 UNI delivered first, honestly the value of the tokens or the speculation of their price surprised many, that shows how strong and the trust exists in Uniswap. For now we can only wait if they launch a next campaign to earn their tokens, I will be attentive.
  9. We are currently in 2020, a little late my answer, however the short-term predictions are not very accurate, BTC will indeed exceed its historical highs but when there is adoption, at this time we could call it the accumulation phase and we can notice it because there is a fund buying BTC, its name is "Grayscale" and it already has a large amount of Bitcoins bought, so I think that in a few years we will see a price above for BTC.
  10. It is certainly too risky, the best that can be done is to have a portfolio of at least 5 cryptocurrencies, if possible try to make them solid currency or that you see a long-term future. From the moment you invest, you must be prepared to withstand the fluctuation of the market, do not be scared if the price falls because after all you investigated and you know the potential of the currency.
  11. Both are good projects, if you want to make money I recommend ETH for its ecosystem around it, such as: Smart contracts, Dapps, Defi, NFTs. Regarding TRX, it is a currency with low transaction fees and that it is just developing, recently they launched something similar to an exchange similar to Uniswap, it will take a little time to find developers for their platform.
  12. Defining the price of Bitcoin is very difficult, digital assets obtain their price from supply and demand, so you cannot tell if a price is high or low because it depends on speculation. In my humble opinion I consider BTC as a store of value and represents "Good money", one that cannot be controlled by any entity, provides privacy and is decentralized. In conclusion, it is always a good time to buy BTC in the long term.
  13. One of the advantages of cryptocurrencies is the freedom and control of your money, there are no entities that regulate it, for example governments. Instant payments can be made and keeping your privacy and personal data, it is wonderful. Many people may not know it but when you buy cryptocurrencies, you are supporting a project, you are helping its growth and adoption in the world.
  14. The first thing to do when entering the blockchain world is to educate yourself, that will save you inconveniences in the future. I agree that many people come to cryptocurrencies with the illusion of generating money quickly. Many people in their inexperience buy what they recommend on YouTube or Telegram communities which is quite risky and there is a high probability of losing money. Today we see that many crypto explode in price and when they see that they try to buy which is a serious mistake. After you have done enough research, you can buy solid cryptocurrencies such as BTC, LTC and ETH or the one of your choice. My advice is that you do not buy by FOMO.
  15. Amazon does not accept payments with BTC, at least not in some years until cryptocurrencies are adopted as a form of payment, governments see them as dangerous and that is why there are many regulatory problems today. The news that was shared was of a startup that acted as an intermediary to make purchases on the Amazon portal.
  16. The facebook currency is known as Libra, which has solid investors, seeks to make payments more easily, but does not meet what is necessary to be a cryptocurrency because it is centralized, violates privacy and at some point if they decide you they can freeze your funds
  17. The use of Telegram has good and bad things, creating a telegram bot is relatively easy, even on YouTube you can find tutorials, that is why there are a large number of bots that are scam and that at the same time eliminate them. Among the good things about Telegram we have its agility and it is easier to join communities on a topic of interest and get useful information.
  18. Making money with applications is definitely not my thing, it requires a great amount of effort to be able to complete the assigned tasks, in addition to that the applications take up memory space on your device and you have to download a large number. It could be more profitable to participate in a faucet and complete your tasks. Honestly, it is not the best when you already have knowledge about the various ways to earn money online, it is more for newbies
  19. Thanks for the information, I did not know that there are applications to manage our wallets, but are they safe? Because I think that if they manage they must have our private keys or am I wrong?
  20. If it is better to search for airdrops on pages that have at least a little reliability, in the case of social networks on YouTube or Telegram there is airdrop spam that many turn out to be scam and disappoint the audience. Thank you very much, I will review the links you shared
  21. I see too much potential in polkadot, its price is low for the entire ecosystem that it promises us, they need to add their parachains, when they make blockchain interoperability a reality it will be a catalyst for their price increase. I see it from my perspective a good opportunity and a suitable price to invest in the project. If it is long term, then I will say that BTC
  22. I have been using Brave for 3 months, it is a fast browser, it pays to see ads and it has helped me generate some profit and has been very useful in this covid pandemic.
  23. One option is the faucets, the best that I recommend are those with PTC or pay per click where you see short ads to earn satoshis. Entering airdrops is another option but good ones are hard to find and many are scams. Earning money is possible, but you must be patient and dedicated.
  24. In my case, I recommend reading your roadmap and whitepaper to quickly read what the project plans. We must observe if it has strong or well-known allies to know what possibilities they have in the commercial world because otherwise it is a bet that can go well or badly.
  25. I have used Localbitcoin quite a bit, but since I get P2P in binance I use it, it improves the simplicity of making transactions. This type of shopping is not ideal, but it is the best we have in the Latino community.
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