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Delgboke

Is it good to convert all fiat to crypto?

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I think you shouldn't do that, it's not really safe, there's no guarantee you won't lose money or succeed. Don't be like that. I hope you haven't converted it.

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Actually, Putting entire money into bitcoin is really tough and making ourselves into the danger zone.So be careful and think alot before that. Maybe, One thing can be instead of earning high profit you can go with some safe plan like invest some part of your money instead of all money.

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My dear friend. This topic depends on several personal factors for the individual who wants to do it. Therefore, we should have responsibility for the things we do and those factors that depend: the budget is large or small, and when you transfer, will it benefit from investing it logically in order to transform it or not? All appreciation.

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No my dear friend, I do not advise you to do such a behavior, it is very wrong to put everything you have in one investment, there is an example that says do not put all your eggs in one basket, if it happens you have lost everything, so you have to diversify your investments and distribute your money to several  Sectors.

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No, my friend, I do not advise you to do this, do not put your eggs in one basket, I need fiat currencies as much as you need cryptocurrencies, at the moment due to the lack of cryptocurrency transactions around the world.

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Hello my friend i think its not good idea to convert all fiat currency to cryptocurrency because we all know its online transaction takes time much rather then this we can use it in trading or we can invest and can start new project and we can get benefits from this when its price will get higher. 

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The fact of cryptocurrency investment if you are not a trader, then you need to invest few amount of your assets which even you lost you lost few as you invested, but actually the cryptocurrencies has the feature to rise massively, so thats means you'll be benefited a lot from small investment once the coins has massively bull run.

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No it's not, Just use your spare fund in case you want to invest on cryptocurrency or even if you want to send someone with crypto don't convert your fiat, Crypto was not acceptable for some merchant that you need for everyday life so i don't really recommend it.

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I don't know much about the cryptocurrency and also the fiat currencies, but I think this will be ideal to convert all your fiat currencies to cryptocurrencies because there are some transaction that can only be done through fiat balance, thanks.

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I am not recommending you to convert all your fiat money into cryptocurrency because you need fiat finance to be able to finance your own life, invest according to your finances so you can still carry out the investment according to the strategy. This is the safest and most risk-free way for those of us who are new to the crypto world.

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Dear friend it's really up to you. If you want to convert all your digital currencies into fait currencies then you can easily do that. And if still you're willing to collect more digital currencies then make it from trading, investing or by collecting it from this forum. Anything you can do whatever you want. 

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On 12/17/2019 at 5:29 PM, Delgboke said:

I have been thinking what if I should convert all my fiat currency into digital currency/ cryptocurrency Is it adviseable to do that? Please what do you think. 

If you have more money, there is nothing wrong with converting a large amount of your money into crypto. You can convert fiat to crypto when the crypto price is cheap, then when the crypto price is rising you can sell it all or part of it, later you will get a bigger profit from your previous fiat capital.

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Indeed is acceptable this is a reasonable reasoning, if that you continue holding fiat cash nothing will increment is just banks will be flowing your cash to their benefit, however in the event that you purchase bitcoin with it the more it goes up the more you earned.

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Not a good idea what if the prices went down for long time i think you should decrease the risk by distributing your money between fiat and crypto 

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Do not be reckless my friend, it is good to think of a project and start investing, but it is rational and I start with small amounts and do not buy with all your money one currency because if you lose, the loss will be great and you will be destroyed.Do not risk an amount that you cannot afford to lose.

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If you urgently need this money then you withdraw it or if you don't have any emergency then I will advice you not to withdraw it. Keep remain it in your wallet and if you have any experience and knowledge about trading or investing money then you should invest all of your money on youbit exchange so that you can get one percent daily profit... By this profit you can easily meet your requirements if your investment is too high.. So try to invest your money not withdraw at that time. 

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I believe that each currency has its own fields, and that each currency has its uses, trades and investments that are different from the other currency.
Therefore, it is necessary to have paper currencies in order to be able to exchange them in their own appropriate fields, and it is also necessary to use cryptocurrencies because they are more profitable in the digital and virtual fields.

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It is a good idea if you have enough knowledge about cryptocurrencies and can choose correctly, but if you make a wrong choice in the cryptocurrencies, you may lose all of your cash in return. 

In the end, that depends on you and your belief in the cryptocurrency and its future.

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I do not think it is a good idea, it is true that cryptocurrencies are useful and the greater your capital, the greater the profits through investment, but you need some paper currencies in order to be able to buy with them what you need, especially since most countries do not allow their citizens to buy things with cryptocurrencies

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Why to do that while you can invest some of your savings money only as digital currencies due to the precept of not putting all your eggs in one basket. The invested amount could support your income and help you to expand your assets on the ground.

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There are some risk involved in crypto currency so it won't be a good idea to invest all in crypto. You might still need your Fiat currency to sell and buy goods and services especially in paying of bills to help you out with these expenses

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This is not a wise decision to put all your fruits in one bag always.you can invest in the crypto but not all of your money.make safe decision and divide money in different places.so that you can recover one loss from others. 

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Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Здравствуйте, уважаемые пользователи!   Хотим Вас уведомить, что на сайт добавили следующие направления обмена: Monero XMR > Cardano ADA Cardano ADA > Monero XMR
    • QUARK DRAINER Get rid of all lack of money headaches Other boards: https://niflheim.world/threads/quark-drainer-seaport-1-5-blur-x2y2-fix-metamask-permit-2-smart-contract.40662/ PRICE : $5 000   + All sources of QuarkDrainer (backend, frontend, smart contract) + Instructions on how to install and get started. + Invitation to the closed community who bought drainer + Author's manuals and articles on how to work with the drainer, traffic + Technical support + Regular developments, the fastest innovations of new features (free)   QUARK DRAINER - Without a doubt No1 drainer. Here you do not go to a lottery, I hope the functionality and materials all clear without unnecessary water in this port. So here's a little bit about me, I've been coding for 6 years, 2 years since I quit working for the shops and went gray рџ™‚ my base is ES6, Git, MongoDB, DOM, AJAX, jQuery, Javascript + React, Material UI, Single Page Application. When I was getting about $1750-2000/month, one scammer  found me on github and asked to do some web3 development (it was the first drainer with the simplest functionality), he paid me $3000 for 2.5 weeks of work since it was my first experience and it was really boring to look at web3 libraries. After that, I had a thought as 1 person without knowledge in the right area and portfolio - paid such money. From that moment I had no problems with $ for any of my fantasies and needs. And now you see the ideal product and community in which you will be happy. If you're interested - the door is open рџ™‚ Which wallets does QuarkDrainer interact with? Optimization for all devices Metamask, TrustWallet, Coinbase Wallet, Binance Wallet, Wallet Connect ~300 wallets (https://explorer.walletconnect.com) Asset Withdrawal Methods > Transfer > Seaport 1.5 (withdraws all approved Opensea assets in one click) > SetApprovalForAll (gets NFT collection in one click) > Signature Message (gets assets with a signature) > Metamask private fix (no token count, no token name, NOTHING - just a button without red plates) > Approve (Automatic withdrawal of assets after approve confirmation) > Permit + 2.0 (One-click withdrawal of tokens confirmed by Uniswap + Permit 1) > Smart contract (Removing the native "main network coin" with any Airdrop/Claim/Reward/Swap/Router/Withdraw/Your Creative...) > NFT ERC 721/1155 > BLUR, X2Y2 (Gets all approved assets in 1 click) > Moonbirds, Sushiswap, Uniswap, PancakeSwap In what networks does the drainer work? It works on ALL 0x networks you can find the networks you need here: https://chainlist.org/ Configured for Ethereum (ETH), Binance Smart Chain (BNB), Polygon (MATIC), Avalache (AVAX), Arbitrium One (ARB), Optimism, Fantom Opera (FTM). On request we will enable or disable networks you need. Why Quark Drainer? Help on every step if required Setting up takes up to 30m > Author articles (on working with drainer, traffic basics, tricks and creatives) > 60 frontend custom builds (creatives you can use as a basis for your own custom builds) > Approved services (bulletproof hosts, domains, bots etc) > Complete tracking of victims' actions on Telegram bot > Advanced developments - we are always the first and the best in implementing new methods and vulnerabilities for asset drains. > Parsing assets and withdrawal priority > Automatic withdrawals of any assets to your wallet once approved > Forget about red signs or inscriptions and stuff - always be with the top-of-the-line fixes > Next JS programming language, source clean code (any testing) > Buying not from resellers/merchants but from developer directly straight from the oven > Technical support - I answer any stupid and absurd questions (mostly online) > Author's articles - sharing my experience in traffic, schemes and personal practice with the "money" button > Quark+ software for Insta/X/FB/Reddit/Tg. Autoposter, retweets/reposts, likes, dm > Custom logic of draining strategy. You can enable retries on highest value assets or disable that > Ready-made websites > A community (60+ppl) - a closed chat room for everyone who has bought the Drainer Contact Us Telegram : https://t.me/quarkdev Drainer Channel: https://t.me/quarkdrainer Tox&Jabber send to PM     Whoever needs will read it According to my observations, the scripts on the market are crap (what else would a dev write showing his product I'm "shocked" by what they sell for $ 350-2500 on boards, while in cryptoscam monthly turnover is a 6-7 digit for each team, for me it's laughter apparently all who buy such products can not make some 10k to get out of good script for a month. Resell scripts, sell public crap or pieces of code. DAMN if you think $5 000 is expensive and ask me to sell for $1 000 - do not write me please, otherwise I will have to insult you very much. Since you probably didn't ever work with drainer - if you don't have couple of btcs in your crypto wallet... Thanks for your time I hope you experienced at least some emotions reading my topic
    • Биржи Binance и KuCoin возобновляют работу в Индии   Крупнейшая криптовалютная биржа мира Binance и гонконгская площадка KuCoin возвращаются на индийский рынок. Компании прошли регистрацию в Отделе финансовой разведки (FIU), обязались выплатить штрафы и выполнять правила налогообложения поставщиков виртуальных активов.    Криптобиржа KuCoin заплатила штраф в размере $41 000, а размер штрафа для Binance еще не определен, и сайт торговой площадки останется заблокированным до уплаты. Попавшие под ограничения криптобиржи Kraken и Gate.io тоже ведут переговоры о возвращении на индийский рынок, а платформа Bitstamp представила план ухода, рассказывает глава FIU Вивек Аггарвал (Vivek Aggarwal). В конце 2023 года в Индии ввели ограничения на деятельность иностранных криптоплатформ, которые, по мнению властей, работали в стране нелегально. Финансовая разведка потребовала заблокировать доступ к их сайтам для местных трейдеров и инвесторов. В число заблокированных площадок помимо Binance и KuCoin вошли HTX, Kraken, Gate, Bittrex, Bitstamp, MEXC и Bitfinex. Ранее министр финансов Индии Нирмала Ситхараман (Nirmala Sitharaman) заняла твердую позицию в отношении биткоина и других криптоактивов, заявив, что они не могут считаться настоящими деньгами.Подробнее на Bits.media: https://bits.media/birzhi-binance-i-kucoin-vozobnovlyayut-rabotu-v-indii-/
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