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Bellamy

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About Bellamy

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  1. In a way I think that the confusion is due to misuse of terms, as you say the value of a currency depends on the volume of capitalization in the market, and of course this influences when obtaining them. However, if we want to invest in XRP at this time or in Monero, which are the two altcoins that you are naming, you would need more money to acquire a Monero than 1 XRP.
  2. When you see so many poor quality publications that do not add much use to the forum, you can conclude that the real interest of those who act in this way is simply to earn money and what they care about is complying with the fact that they have made a publication. Otherwise I think that if what we want here is simply to earn money then with much more reason we should do our job well, since with this you ensure that other members follow you and give you constant support. This is what actually keeps you on the forum. To say that Cryptotalk is a site to earn money is very wrong since the main function of the forum is to train members with the best knowledge in the world of cryptocurrencies. Cryptotalk is a site for learning and by learning you have the possibility of earning some money.
  3. I think that many members are not reacting by taking the forecast before reading in detail the publications of others and that they are only dedicating themselves to react without taking into account any type of evaluation. For me the method is to properly rate a post. Giving positive reactions to those who really deserve it is my opinion.
  4. The first thing we must do before publishing is to verify with the forum search engine if the topic exists or not. With so much current topic that we can bring to the forum regarding cryptocurrencies, it does not make sense to be placing topics that are already trite enough. It is a matter of wanting to do things well.
  5. No exchange is free from hackers no matter how safe it may seem. For this reason, we must always take the proper precautions and one of the main ones is to activate all the security protocols of the exchanges, such as the double authentication factor. And what is also recommended is to keep only the amount of coins that we need to trade in exchanges.
  6. To avoid losses in investments, whether in cryptography or in any other area, what is recommended is to do your research before placing your money on any platform. On the web there are many sites that can be trusted, some offer somewhat profitable investment plans but of course we must be patient and wait to obtain what is generated. And the most profitable option that can generate good amounts in the short term is to use cryptocurrency trading, but to be successful it requires enough practice and knowledge.
  7. I particularly think that apart from fulfilling our daily tasks in Cryptotalk, the best we can do is invest the generated in the different options that Yobit offers us. Vmining's mining plans are a good option if you want to recoup your investment in the long term. The other method that you can use is to place the TALK tokens in the Investbox since it generates 1% daily for you and another option is to use the exchange obtaining profits with the purchase and sale.
  8. This has not been the only obstacle that Bitcoin has had to face, in fact it has not been taken as an obstacle but rather as an impulse, since many people who lost their jobs due to the pandemic, chose to look for other alternatives that would allow them to generate from home, and the main one was to work with cryptocurrencies. In fact, today we are already reaching the historical maximum corresponding to 2017 and we will surely surpass it.
  9. Venezuela is the first country in Latin America to have adopted cryptocurrencies in its economic system and they are not events that are constantly taking place in that country. In fact, it is in 3rd place in the world in the list of countries that use cryptocurrencies and recently the government of the day has legalized cryptocurrency mining, even going so far as to create a mining farm to support the expenses of the country's military personnel.
  10. Actually these two factors are really important, but of course you must first start with the management of the theory to start to understand the basic concepts and before going to practice, especially in cryptocurrency trading, it is recommended to attend tutorials Where we observe the entire process in detail, after you have enough information and understand the process, you can go on to practice, which is what will give you due experience.
  11. The so-called whales have always acted to try to manipulate the price of Bitcoin and this affects the other Altcoins in a direct way since these prices are generally dragged by it. A few days ago we have seen how the movements of the whales are influencing that Bitcoin does not yet reach the expected historical maximum, but I believe that the way to oppose us is to act with caution, not to panic and not follow their game since Bitcoin this year he has another scenario which will lead him to achieve the expected maximum much sooner rather than later. It's just a matter of being patient and waiting.
  12. I think it all depends on the needs or objectives of each one in particular. In my case, I have not earned much on the platform, since my time is somewhat limited to participate constantly and my main objective is to accumulate my profits and invest them in the different options that Yobit offers me to grow my capital. In a few months I may already be talking about the results obtained.
  13. Water is an internal token of Yobit that at the moment has a value of approximately 6 satoshis and unfortunately its price is trending down with a negative percentage of more than 14%. If you place Water in the InvestBox you have the possibility of acquiring a 3% daily interest. If the token had the probability of recovering its value this could be a good investment but its volume is very low and possibly in the future this token may disappear.
  14. I started my investments by acquiring low value cryptocurrencies in 2019 like Ripple, Cardano, Stellar, to name a few. I acquired these coins by studying the possibility that at some point they would acquire a good value and taking into account that higher profits are obtained with low value coins than with high value coins. In fact, in the last week the value of most of the coins that I have acquired has doubled, a fact that indicates that I was not wrong in making my decision.
  15. Governments will always go against projects that violate their tools of maintaining control and I agree with your analysis that it is not convenient for them to have competition with stablecoins since for security, confidence and operability many investors can migrate their assets to these currencies, leading to the government losing control. In fact, one of the most recent projects such as Facebook's Libra project proposes that the currency will be a stablecoin.
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