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Catherine Louis

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Everything posted by Catherine Louis

  1. Well mate, the thing with day trading is that it is actually profitable but there are lots of risks involved with it as in day trading , the prices show huge volatility and the risks involved are really high as compared to normal day trading. So if you are looking for day trading, have the perfect knowledge before you proceed.
  2. Well investing in crypto currencies is a choice and it does not impose anyone to leave their jobs. Consider this to be a side earning in between your primary job. But after some years you might take up investing as your primary from seeing all the returns you get.
  3. To be a good crypto trader then you should follow this small thing: You must only invest the amount of money that you are not afraid of losing. This is the first golden rule you must ever follow. The next thing you must have is patience and it is the main thing you must practice.
  4. You are totally right my friend, my following more people than wishing to be followed by others would not only increase your friends circle but also it would also be a chance to increase your knowledge . As you are following your favorite topics then it would be a bonus for you.
  5. Bitcoin prices change very fast and this is a common thing. Bitcoins are really volatile and the prices can change really fast and within seconds. I think the lowest price was like 10 years ago and the highest price occurred around 2019 if my guess is correct.
  6. Crypto currency is a huge development in the financial market as it is a form of digital asset just like gold so that we can keep investing in it and hope for good returns in the future. The only thing that is left to do is the government supporting crypto in most of the countries to make it popular.
  7. Yeah, this is actually a good topic and a suggestion my mate. As we are reporting the person then there should be an option to actually give the details which are more precise to the moderators so it would be more easy and comfortable for the moderators too.
  8. I have not purchased until now using bitcoins as I am investing my cryptos and everything for the long run and in a hope to get a good profit back .But to be honest I have purchased a few small things using crypto but not as big to talk about it.
  9. Thanks for sharing this idea mate and as looking for bitcoin prices by web surfing can be a lengthy process and by the method you have suggested then it would be a really easy to find the BTC rates fast. As telegram is a platform used more so it is a good option then.
  10. I totally agree with you mate as more and more people are joining this forum and we are in need of new sections ASAP. Also people are facing a hard time looking for new topics as most of them have been replied some time in the past. So hope the moderators would create more sections soon.
  11. You are right my friend, even though yobit is a popular money exchange and storage platform , there are lots of fake currencies revolving around it. Any way thanks to you mate for letting us know about this scam and all . Now onwards we will be a bit more aware about these kind of things.
  12. There is absolutely nothing to worry about as there is no rule like this. It says that a device should only have 1 account and more than that would result in a ban. So there is absolutely nothing to worry about it and hope that you both will have a good time here.
  13. Hey mate, we must develop our own strategies and tricks when trading and don't copy or listen to other's advices. Just try to be patient and look for the lowest price and then buy it. After you buy it then be patient and look for the time when the price is high and then sell to make profit.
  14. The worst experience in crypto talk is the one I am having right now. Actually I wanted to withdraw my BTC which is in the yobit account however I can't as the moderators are cleaning up the forum hence it is not actually possible for any one to withdraw it . As I am in need of money, it is really bad.
  15. I think the next option to most of the people including me is freelancing if crypto is rejected. But to be honest I don't think will be rejected as it is a platform where most of the people got jobs and excelled in crypto currencies. Also unlike the scams , this is a legit paying website too.
  16. I would invest it in a house rather than crypto currencies if to be honest. I said so because the prices of crypto currencies don't have any sort of assurances and all . It is really volatile and the next second our capital can lot. So it is better to invest in a house or real estate if you prefer to be on the safe side.
  17. I would try to be a crypto trader as it requires no capital at all and the profit is fixed. But when we trade the profit may be more but the risk is also higher so I would opt to choose writer. Also by writing we can gain additional knowledge about crypto .
  18. I don't like mining because it is not really practical and requires a big rig to work and also the earning is really low. I like transaction of litecoins as it has the less commissions for exchange and it is also valuable as bitcoins so I litecoin transactions more.
  19. I trade all my crypto using web browser as it is more safe and secured. Mobile phones might be easy and really convenient to use however to me it is quite risky to use it so I would recommend to use web browser. It has a really advanced algorithm and not easily accessible by hackers.
  20. The main reason is that bitcoin is a digital form of money and the physical factors like this wont affect it's sustainability and this is huge advantage for bitcoins. The next thing is that more people are investing in bitcoins and this is another reason.
  21. As you check the price graph of bitcoin now , then you would be able to see that the prices have really increased since the 10 years and it is quite a huge increase too. So if we calculate according to that then we can see that the prices would double in the coming 10 years.
  22. As more and more people and countries start to use crypto , the demand for crypto currencies are going really high. The future of crypto is going to be really prosperous and joyful . I think all the countries should start accepting crypto as a means of money transfer.
  23. We must do intense research and findings before investing in crypto as it is a quite risky process to do. And the next thing to do is we must invest only the amount of fund in which we are not afraid of losing because there are risks involved and we must be able to accept our losses .
  24. I don't think bitcoin and gold should be compared in any way and they both are popular in their own areas. But the thing is that the prices of bitcoins are volatile and can be quite risky for investment but gold has less volatility and hence it is really a good investment though.
  25. I don't think there would be an end to bitcoin as more and more companies and individuals are using up bitcoins and started seeing them in the place of normal currencies. So in the near future , there would only be a rise in BTC demand not and depreciation , so we can confidently invest in it.
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