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febriyana

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  1. febriyana

    Mining requirements

    I think we too outside from mining mission. I think mining will not make you become rich. Because the reward is very small if we compare it with trading and also holding. I prefer using mining for investment for long term. Where can give me continuous reward monthly and can pay some expenses.
  2. I am still confused why people is really interested mining Bitcoin with their phone. Phone is not designed for mining purpose. If you force it to mining Bitcoin, it will using CPU for mining, where that is bad idea because can make your phone burned and you will losing your investment.
  3. I think no way this time cloud mining is good to choice. Because basicly many miner is going bankrupt. So how they who build cloud mining can be profitable time to time. I only see many cloud mining is only HYIP, where investor money going cycle to old member and soon. That is not good because will be scam later.
  4. Mining now is the bad idea if you still on trying process. If you already have experience in mining i sure will profitable. Mining need high cost hardware and need some maintenance. Don't think you only run your phone 24 hours without shutdown. I sure your phone life will short than ever, but your reward will very little. Because phone is not created for mining.
  5. I think the most used cryptocurrency sure Bitcoin, that is easy to check it. You can go to coinmarketcap and then sort the coin by marketcap. That is sure Bitcoin will be number one. Also if you want see daily use, sort the data by volume, then Bitcoin again showed.
  6. Yeah i think same story like me, but we have different. I already know Bitcoin around 2013, that times i very spirit to earn Bitcoin because the price going up and up. But when the price Bitcoin going dropped around 2015 i think. I stop doing cryptocurrency, i believe it only scam. But time to time, at around 2019 i starting again from zero, i am now believe in cryptocurrency no matter the price.
  7. To earning free bitcoin you must exchanges your skill to earn bitcoin. For the simple way is doing faucet, you only need to click and type the captcha then you will earn bitcoin. That is easy but i think the reward is really small. If you want big reward i am recommended doing freelancer.
  8. Yes i am also want say to Bitcoin. With Bitcoin i can have side income in internet. Before i know about Bitcoin i always scary to think can earn money from internet. Is it can happen i can live from internet. But now i have positive about it. I am really believe Bitcoin can be strong currency in the future. Some company also trying to adopt it. In my city maybe only small people get side income from internet, especially from cryptocurrency.
  9. That is happen because Bitcoin have big marketcap and volume than other. So most people always trading it and will support the price going expensive time to time. The other reason Bitcoin is pioneer cryptocurrency, so that coin is the main coin for currency. All altcoin price is depending in Bitcoin. Also so much cost to mining Bitcoin.
  10. I am when trading Bitcoin, i never see the news before. So what i do is always research too detail about the coin, about the benefit when buying it. So for now i just holding it, i am not really care about the prices. I am hope the price always increased, but if happen is different i just think that is money i can afford to lose.
  11. I think no way Bitcoin will be centralized coin. Because the main blockchain is already deployed with system decentralized. So everyone who have mining hardware will processing the transaction. If no one mining bitcoin sure will make Bitcoin die. About whales i think they need so much money to controlling the price Bitcoin.
  12. Maybe i late giving you advice last year. But in my opinion you need to choose coin by yourself, maybe you get mistake but that is doesn't matter. What you need is always learning from your mistake. Maybe you want follow me now, i am now just holding coin BTC, LTC, and ETH for long term.
  13. Yes that is right. I often too scary to buy some coin. Where in my analysis is don't have idea how that coin price can going up, so i just cancel to buy that coin. But something wrong different, that coin price increased! That coin is like reject me lol. But my feeling is normal, that is normal happen in market. So i just see it and keep focus in other coin.
  14. I think everyone have different mind to choose what trading platform they choose. I this time only choose exchanges where don't required to doing KYC and have small fees for withdraw. So if something bad happen i can withdraw my coin soon. Also i only choose exchanges have active trader there, so i can buy and sell coin in short times.
  15. I already testing both. Before doing cryptocurrency trading, i always trying trading in forex. But for me i am choose to trading in cryptocurrency now, Because in cryptocurrency we can use the coin for our need like transaction and other. Not like forex, where for withdraw it we must change the currency first to USD. Also in cryptocurrency to trading is not really complicated than forex.
  16. Daily trading in forex i think still bad idea. Because we must see chart and news everyday to checking what will happen to our portfolio. That is like hell, your brain will always working for that. If your body is not strong, you will be easy to get sick. Also most daily trader have best management in their money and have specific strategy, where to get that you must so much learning.
  17. I think there is no ideal capital to start trading anywhere. What you must know is in forex have minimum deposit and withdraw. So you only need match it if you only want doing trading with small amount. Some people in my country who trading in forex, they mostly use capital around $100. That is enough for them and make daily profit to their expenses.
  18. I am not scary to trading in anything platform, if they are real broker where have licensed atleast. In binary trade what i see only fake market, where the transaction is not real for trading. What i see binary trading is only gambling with market data for proof. I always avoid binary options and binary trading, that is more worst than dice gambling.
  19. Are you dream? I think all investment have a risk, no matter it is small or high investment. If you want have no risk for investment i recommended buy some Certificate Deposit in the bank. They promise you will get profit per year with guarantee your money. In forex i think complicated and will effect to your risk. So if you not careful you will sure get so much lose there.
  20. Until now i still think forex is not for everyone. Where i see forex, that is a platform like hell. We can see so many chart and also indicator to predict with technical analysis. For me that is no sense you can predict with so many tools, that is too complicated. That is why i choose going to cryptocurrency market to trading.
  21. Most common mistake in trading is they buy at high prices then sell it on low prices. Seem no sense, but actually like that. Many people is so hype when new coin released, they believe that coin price will going up soon, so they buy so much coin without research first. Then the dumping coin is happen. You also will get lose your money no matter if you holding it or sell it.
  22. Most times when i lose my money in cryptocurrency trading is because i am not long time holding the coin. I always buy coin when the price is going down, so i just wait the price going up again. But when that is not happen, i prefer to sell it again with low prices. That will bring my capital going decreased time to time.
  23. I think still hard to find the mentor or website to learning trading in cryptocurrency. Most of them only teach you to trading in forex and stocks. Where the system trading is different with cryptocurrency. In Crypto Market i see more simple to trading, no any lot, stop loss, take profit, leverage, and etc. So i prefer give you advice to try trading now to learning about it. Don't worry about mistake.
  24. For the next 10 years i sure Bitcoin will stay there, because the adoption and also the mining process is still not finished. But after that i don't know, many technology will changed, especially about banking system. Where this time money changed become digital money like Paypal, some people use Bitcoin for transaction, because cheap and easy. So if there is still any transaction processed by Bitcoin, sure Bitcoin still not die.
  25. febriyana

    Trading Tips

    My trading tips is 1. If you want doing trading make sure you use money you can afford to lose 2. Losing in trading is doesn't matter if you still learning from your mistake. But if you stop learning, you are loser. 3. Don't follow other opinion about what coin you need to buy, research by yourself. 4. Buy only coin, don't buy token. Most token is scam project. 5. Calculate you buy price and sell price. Don't only based daily price change in coinmarketcap. 6. Don't be greedy, stop trading if you too fear.
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