Caguioa747
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Everything posted by Caguioa747
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What's the newest coin that's good to invest in?
Caguioa747 replied to Kakashi2020's topic in Altcoins
For me, I invest a lot In HYDRO. because it is a legit company. they have been in the IT industry for about 10 years now and they have a solid project and a futuristic roadmap and of course their product is already out on playstore. -
If that happens it would be I think a positive thing for like us in the cryptocurrency world. not only facebook will benefit if that happens because people will be now more aware about cryptocurrency and if that happens I think people will invest more not just on facebook but also on bitcoin and other altcoins.
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When did you first hear about Bitcoin?
Caguioa747 replied to Kakashi2020's topic in General Discussion
The first time i heard about bitcoin was I think 2 years ago. I was looking for an online job then and found a post on facebook saying a faucet where they give bitcoins by just solving a captcha. That took my interest and reasearch if there really such a thing and from then on I explore the world of cryptocurrency. -
Will bitcoin be taken over by another cryptocurrency ?
Caguioa747 replied to DenisMNE's topic in General Discussion
I dont think that any altcoin can replace bitcoin as the #1 cryptocurrency in the world right now. A lot have tried but never succeeded. ethereum tried then there's XRP but those two cant overtake bitcoin. A lot of people in the cryptocurrency world still believes and trust bitcoin. -
Because bitcoin is the leading cryptocurrency right now in the world although it's current price is down. I still believe that it is the future of payment method that will replace FIAT and banks. And i still believe that this 2019 bitcoins price will reach or surpass the $50,000 mark.
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for me, A coin's name is not really important. based on my experience a lot of catchy coin name will later be a scam. So don't just look at a coin's name. The most important to look at is it's website, roadmap, and whitepaper.
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How to choose a coin? For me, First Is you should look for its website to know if it is legit. Then they should also have a Telegram, Twitter and the most important is their white paper and roadmap. If anyone missing from that list then forget about investing on that coin .
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You will just gonna waste your money on dogecoin so I suggest forget about that coin. The only time I am using dogecoin is when I'm withdrawing my fund's because dogecoins withdrawal free is much cheaper than bitcoin and other altcoins. And I don't see the price of dogecoin to even reach the 0.00000100 satoshi mark.
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I already tried steemit but I have no luck in it and I don't think it is for me. Should facebook follow steemit in monetizing a content? I think facebook should but it's a long shot but who know's in the future may be they will. Because facebook earned billions of dollars from its users and i think its about time to give back.
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It is safe to invest in bitcoin if it' price is on the dip and never invest when it's price is on it's high. because the basic principle in the cryptocurrency world is "Buy low and Sell High".
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Does Bitcoin's Performance affect other Cryptocurrencies?
Caguioa747 replied to Kakashi2020's topic in Marketplace
Yes Definitely, every time that bitcoin's price goes down expect that an immediate effect on other altcoin's. I am basing it from experience as a cryptocurrency trader. -
I am not really into mining cryptocurrency because at first, you need to buy mining equipment's that is not cheap at all and of course the maintenance of the equipment and the electric bill. in short you need to invest a huge amount of money just to mine. the dilemma is what if the price of that cryptocurrency your mining crashes?
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For me, Dogecoin's price would not even reach the price of 0.00000150 because first it's total supply is super HIGH. I only use Dogecoin if I want to transfer a fund because dogecoin has a low withdrawal fee.
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What would you do if Bitcoin crashes?
Caguioa747 replied to Kakashi2020's topic in General Discussion
What would I do? my answer is NOTHING. Because I know that once the price of bitcoin crashes it will still go back up and I don't think that the price of bitcoin will never go down to a $1,000. -
Do you think Bitcoin would fall to $1000?
Caguioa747 replied to Martinsx's topic in General Discussion
That is a big NO, That would never happen to bitcoin because if the price of bitcoin reaches $1,000 or lower in less than an hour its price would go back up again. because if bitcoin's price goes down a lot of investor's will buy or HODL and once than happens naturally its price will go back up again. one principal rule in cryptocurrency world is "Buy low and sell High". -
Will there be another crypto that would surpass bitcoin?
Caguioa747 replied to Kakashi2020's topic in General Discussion
For me, No one can surpass bitcoin. A lot of altcoin tried but never succeed on replacing bitcoin. because a lot of people in the cryptocurrency industry beli eves that bitcoin is irreplaceable and indestructible. -
What is the most attractive quality of Bitcoin?
Caguioa747 replied to Kakashi2020's topic in General Discussion
The most attractive quality of bitcoin is its total supply. Because Bitcoin has only 21 million total supply and the actual total of circulating supply as of now is 17,461,487 and of course the fact that a lot of people in the cryptocurrency industry believes and trust in bitcoin. -
Well believe it or not there is already an existing platform that you can create your own cryptocurrency. You can create your own cryptocurrency at Ethereum though it is not free but you can create your own cryptocurrency for lets say about $2 and it is very complicated for those who have zero knowledge. If you really want to learn how to create your own cryptocurrency there is a tutorial on youtube plus google it for added information.
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Not me, Because I treat bitcoin as a good way of investment. I started with cryptocurrency or especially with bitcoin when it's price is still around $3,000 and then after 3 months, it's price skyrocketed to $19,000. I gained a lot on bitcoin that even it's price is going lower now I still believe it will surpass it's current high record.
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The rumor is satoshi nakamoto from japan invented bitcoin but no one has a solid evidence that he really exist. but for me i dont believe that. my theory is satoshi nakamoto is a group of person that invented bitcoin and is not from japan.
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Bitcoin will stay for sure. I am in support of bitcoin all the way. i have full fate in bitcoin and other altcoins. this is the future of money transactions that will replace banks.
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It is because of the whales they are the one who is predicting the price of bitcoin. they are the one who is controlling it. and there is also a rumor that some cryptocurrency exchanges is manipulating the price of bitcoin and other altcoins.
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I am not surprised at all. with China everything is possible. they can even build an island in the ocean. And I think with their own coin it will be a big hit. And ill wait for that time that the coin will be released because i am willing to invest.
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yes. i am in trading for 2 years now. and i gained a lot from it. there are losses but its ok. right now i have at least 100+ different cryptocurrencies hodling.
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i strongly believe that on 2019 all the cryptocurrencies will be very bullish again. and they will surpass their previous highs.