Farouk jubril
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Everything posted by Farouk jubril
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I don’t think crypto currency is a bubble because it is volatile in nature and also it is decentralised meaning nobody has control or power over it this characteristic of crypto currency would let you understand that it is not a bubble
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Crypto and gold are the two biggest thing to invest in because they are very profitable and they are making waves and getting a lot of peoples attention even thou gold has been in existence before crypto but then crypto currency is catching up with gold fame and popularity
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I started buying bitcoin last year when my friend introduced me to it and since then I have been grateful to him because it is a profitable thing to do, if you get it right you will make good money from and vice versa. At first I never believed in digital money but now I know better
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From my little knowledge I think the secret of crypto currency is patience and wisdom, you have to know when to invest and when opt out , you also have to make research on any coin you are investing on so as to no be at a loss at the end and lastly you should not be greedy
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People should always be aware that crypto currency is a very volatile business you can make profit and also make a huge loss at any time, so you have to calculate your risk and be sure you can afford the risk especially trading altcoin you have to make research because some of them are not profitable
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This two commodities are the most profitable presently on the internet because of the way they are fast rising and widely used and accepted, buying gold is a good investment because it has always appreciated over the past years
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What are your plans for these free satoshis?
Farouk jubril replied to rekter's topic in Crypto World
My plans for the free satoshi is to hodl them and become profitable in future because with the way crypto currency is pumping over the previous week, it means it has a bright future so I will rather hodl it and be profitable with it and later invest it -
Which currency to be removed? USD or bitcoin
Farouk jubril replied to Lubruselu's topic in Crypto World
In my opinion it cannot work because you need both currency for trading and investment fiat currency is very important especially USD because it is the most used currency in the world -
With the growing amount of members in the forum daily I think it will be a wise thing to do to always upgrade the server or change it to a bigger one so as to avoid errors and serve the forum members well
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Crypto currency Ina layman language is money you cannot see nor touch, and can also be used for transactions over the internet, it is a decentralised currency used all over the world that no one has control over it
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Can I work in crypto using public WiFi?
Farouk jubril replied to Alexa idrella's topic in For Beginners
It is not always advisable to use public WiFi because you are exposing your device to possible hackers , it will make it easy for hackers to hack your device and steal valuable information from your device so don’t join networks you don’t trust -
Do you want bitcoin at a cheap or expensive price?
Farouk jubril replied to Hendy1's topic in Crypto World
Crypto currency is very volatile in nature and also a risky business to do because it pumps and dumps unannounced. It is a decentralised system so nobody has power over it therefore nobody can control its price. The best time to buy it is when it is dumping, which means you get it at a cheaper price -
Bitcoin is arguably the best coin presently because it has been in existence longer than any other coin and also have been pumping over the weeks which is a good thing for people that invested in it, it is been accepted as means of payment by some big and reputable companies for good and services
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Do you think cryptocurrency is the money of the future?
Farouk jubril replied to KingSea's topic in For Beginners
Crypto currency has a promising future especially Bitcoin and etherium because of the way they are widely known in the world and more so some reputable companies are now accepting it as a means of payment for services rendered and sometimes good being bought -
Panic sell is not advisable because you are selling at a loss , that why it is always good to carry out research very well before buying a particular coin or investing in it. When you buy a good coin you are assured of profit as long as you can have patience and wait for it to pump
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I think creating a reasonable and meaningful topic should be rewarded than just commenting because it takes a reasonable and smart individual to create a good content and that should be appreciated because most people just comment on topics and never create one themselves
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This is totally against the idea of the forum and what they intend to achieve because if members are given the power to lock their topics there will be no means for sharing ideas and learning, and that is one of the main purpose of this forum
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The upgrade by the moderator was a good idea because before hand members were able to see those that give them bad reputation and this would make them retaliate so most people don’t like giving bad reputation to bad content because of the fear of retaliation
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What are the best ways to invest in these times of pandemic?
Farouk jubril replied to gilbertog's topic in Marketplace
One of the best way to invest in this current pandemic time is crypto currency because of the way it has been pumping over the previous weeks, it will be a good investment for the future either etherium, bitcoin or litecoin or any promising coin -
You have designated wallet for receiving and sending bitcoin and other crypto currencies just as you have your bank accounts for receiving fiat currency and the good news now is some companies are now accepting crypto currency as means of payment for services rendered or goods bought
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Would you prefer to invest money in crypto or in a house ?
Farouk jubril replied to Maxtron73's topic in Crypto World
I will choose to invest my money in crypto currency because it is in vogue and it is one of the most profitable business to do presently but it is very risky because it is volatile in nature it pumps and dumps as such, but the higher the risk the more money you might get. -
The safest to invest between bitcoin and gold is gold because it has a stable price and does not flunctuate but to make profit from it might take longer than expected but you see bitcoin is very risky because it’s volatile in nature, you can make profit the next minute and also loose money next minute it depends on it’s doing on the market
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How much does yobit pay us for each post?
Farouk jubril replied to samansky's topic in For Beginners
You get paid for making 20 useful posts daily either by creating a meaningful content or by commenting reasonably on a post, you get paid 10 token per every reasonable post. Such post must meet some certain standard before it can be recognised -
Etherium is the next biggest thing on the internet because the speed at which it is growing. So for future sake, investing in it now will be a good and nice idea because it is a coin that allows other coin use it’s block chain technology