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smithk

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About smithk

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  • BTC
    3NW8jxzkkqTLBnirNHnVUDYCe4hkWrnM7F
  • ETH
    0x35c0c6e0ffd69e0ba691030379532e04d6ac5d6f

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  1. It depends on: Which coin you are holding. How much % profit you are looking at How long you want to hold. Keep on checking on price. If you reach your desired profit level you can sell.
  2. Nice piece. Definitely cryto needs adequate crytpo knowledge and continuously gaining more knowledge. Some level of patience is vital. What makes people to lose is putting emotions in crypto and at times being panicky. While others just follow FOMO without proper analysis. Over investment can lead to massive losses should things go wrong. Under investment with unrealistic imagination of gains within a fortnight will always lead to hate for crypto
  3. It depends on your dedication and how smart you are. Trading is the best way to earn 1btc within a reasonable time. Identify low cap low sats new entry coins/tokens with good projects. Assume you buy in at 2 sats sell at 10sats..that is x5 your initial capital.In cases depending on your analysis and research you can make upto 1000% increment.
  4. A nice observation. Not all that we fear always happen. I agree some take alot of caution to their detriment. This to me is being risk averse and I think this' the reason why less educated employ the educated in their companies😀
  5. Yes crypto will still exist. Exchange is just but one of the usecase of crypto. Infact almost all crypto share this usecase. For those crypto currencies that only have this as a usecase, yes they will exit the market without the exchanges. But kindly note thatbexchanges are not the only usecases for crypto currencies. Value of most crypto are based on usecases which vary from one project to another
  6. Nice post. Maybe we should also include scam telegram bots
  7. Great platform. +1000 merchants is awsome. Thanks for the information
  8. Almost everybody has come across some sort of scam. Either scam airdrops, scam exchanges, scam apps, scam cloud mining etc but falling victim is personal choice. Always get more information before any engagement. Seek a second opinion where necessary
  9. Dead coins exist in most exchanges. Some are intentional scam coin projects. Some are simply abandoned projects due to lack of funds for development. Beginners are advised to look at top rated projects. At times cheap is expensive in the longrun
  10. It is not advisable to buy an account if you can create one. The account could have been used for criminal activity and this can follow you. You could as well be scammed from the transaction.
  11. Nice tips. Maybe we could also add 1. Do research on coin projects. 2. Ensure you always seek a second opinion from a trusted person when not sure. 3.Trade in trusted platforms with good reliable volumes.
  12. LTC withdrawal from Yobit works perfectly well. Check the fees charged. Input value less the fees. If you use 2fa ensure process is completed. Confirm withdrawal from your email.
  13. Money laundering is very possible using crypto. This is because crypto is anonymous. The proceeds of criminal activities such as drug trafficking or corruption in governments can easily be exchanged using crypto. Crypto regulation policies are yet to be fully developed and implemented. Postedoney laundering means generating money with criminal activities like drug trafficking, terrorist funding etc but appears to have come from legal sources. Due to privacy crypto has more chances to use for illegal activities because there is no control of any authority on crypto transactions. If criminal activities increase with crypto then it could be banned.
  14. Daytime traders who participate full time in trading will always be checking out for gains while at the same time guarding against loses. Longterm traders may take slightly longer.
  15. The best way to earn crytpo is to invest in crypto. Airdrops, PTC sites,gaming sites and faucets are also ways to earn but you get little amounts and may not be guaranteed.
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