Kakashi2020
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Everything posted by Kakashi2020
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What should Coin Companies do to be trusted by investors?
Kakashi2020 replied to Kakashi2020's topic in Altcoins
It's one way of letting a lot of people know about the new crypto. So instead of spending money for advertising they opted to give free money away. I do think it's effective although you can't really earn from it since what they're giving away are just crumbs. But again anything free is always good. -
What would you do if your Crypto Invesrments post huge gains?
Kakashi2020 replied to Kakashi2020's topic in Pure Trading
That's a good plan and it includes charity too, which shows that you have a kind heart and helping others usually pays off. It's a good karma thing. -
What would you do if your Crypto Invesrments post huge gains?
Kakashi2020 replied to Kakashi2020's topic in Pure Trading
Or I would sell all and reinvest all of it less my original capital in a lot of new Cryptocurrencies which has potential. It would be my ticket on becoming rich. -
What would you do if Bitcoin crashes?
Kakashi2020 replied to Kakashi2020's topic in General Discussion
If Bitcoin crashes then Woe to those who've invested their life savings. While for those like me who just invested a modest amount, it would be charged to experience. Sometimes you win and sometimes you lose that's the truth in investments. But I won't stop investing in other Cryptocurrencies. -
What is your Christmas Wish for Bitcoin?
Kakashi2020 replied to Kakashi2020's topic in General Discussion
I do agree because even though I'm praying for a rally this year, if we look at the charts there's a very high probability that there would be one next year. -
It's really a no brainer because whatever happens the price if Bitcoin would continue to appreciate and hit new highs. It's only a matter of time. Patience is a virtue in investments.
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I noticed that too, just before the holidays it's price would appreciate and then it would go down because of profit taking that would lead to bargain hunting which would drive the price up again, this cycle would happen again and again before a rally.
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It is said that the riskier the investment the higher the gains. The lower the risk, the lower the profit. What's your take on this? What kind of risk taker are you?
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Have you ever thought that you could be rich now, if you've bought some bitcoin years ago?
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There's this talk about one currency, one world thing and I want to know your opinion if you think that Bitcoin would become that currency or not?
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What if suddenly Bitcoin crashes, what's the first thing you'll do?
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What is your Christmas Wish for Bitcoin?
Kakashi2020 replied to Kakashi2020's topic in General Discussion
Well, I think that we have the same wish haha. To earn a lot from our Bitcoin investment. Hopefully there would be rally soon and that the price would appreciate to new heights before the year ends. -
What is your Christmas Wish for Bitcoin?
Kakashi2020 replied to Kakashi2020's topic in General Discussion
My wish is that it's price goes up to the $25K level so that I could sell mine for a good profit before Christmas. -
I do partially agree with you that free market posts dangers when unchecked. But if it's side by side with controlled banking, I think such dangers could be minimized.
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What would you do if your Crypto Invesrments post huge gains?
Kakashi2020 replied to Kakashi2020's topic in Pure Trading
If that happens, I'll sell half of it and use the money to buy cheaper, newer cryptos and wait for them to appreciate. I'll retain half of my Bitcoins for long term investment. -
I know and that's something we all look forward too, in the event Bitcoin becomes mainstream then a lot of the investors now however modest their investments are would strike it rich.
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I guess if you bought your coins on a high price, selling quickly for a bit of profit is the safest thing to do. But for those who have bought it in a very low price, it's safe to ride the waves until it's price peaks to get the most of it.
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Do you have any regrets investing in Bitcoin?
Kakashi2020 replied to Kakashi2020's topic in Pure Trading
Well that just happened with the massive selloff last week that made the price of Bitcoin plunged. And now there's bargain hunting going on and most probably we'll see another sell off in a week or two. It's either that or the price would steadily appreciate causing a mild rally. -
Bitcoin might pull up a surprise in December, there's a lot of talk going on that's saying investors are now buying and that investor confidence is now on a high. Would it be possible for a year end run?
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What's the best alternative to Bitcoin?
Kakashi2020 replied to Kakashi2020's topic in General Discussion
Haha, no seriously where's the best site to get it? It's cheap and is a good investment. -
Is Bitcoin starting to rally again?
Kakashi2020 replied to Kakashi2020's topic in General Discussion
Considering what happened in the past week the sudden devaluation and appreciation, it's price is steadily going up again, hopefully it goes up to atleast the 5K-6K level. -
I do hope so. Right now Bitcoin's price just rebounded to $4.3K, it's showing a good start for another run. Hopefully it goes up another 10-20 points.
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Do you think that investors confidence in Bitcoin is back? With the sudden plummet, which was due to some large sell offs by investors siting loss of confidence.
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Negative news can sometimes trigger Selloffs and when this happens the price slides which opens the field for bargain hunters who's goal is to buy low and sell high as quick as possible to realize some easy profit.
