Let's face it: Elon Musk is a clever individual who has even manipulated the market to his advantage. He's a businessman, and being a businessman necessitates a lot of sensible judgments, and I believe he's excellent at it and can continue to be the world's richest man. He's giving it his all and making a lot of money for it. I dislike how he acts at times, but I can't deny that he's one of the brightest minds in cryptocurrency history for what he have done recently. right, on the other hand Elon Musk makes a lot of people suffer for it, but on the other hand he is a smart thinker who can take advantage of opportunities that make him rich in the near term. of course he uses his influence to influence the minds of many people to follow what he says, after being hypnotized and he manipulates the market to make a market pump, and after that he harvests |
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The highest price of fuel will lead the world to destruction instead of fossil fuels nuclear energy can easily be promoted as an alternative energy source after the chernoby and fukushima accidents, most people are instinctively considering nuclear power to be dangerous, making it quite unpopular now. Germany and japan have shut down many nuclear power plants since the fukushima accident. Which greatly endangers the habitation of our planet nuclear power is a good option.
People are only looking to the devastation but not in the advantage and the good effect , this is the problem why we are still in trouble of energy when there are other sources . Nuclear power made some mistakes and people drying , but what about those people who extend their lives because of the energy from nuclear? and besides our world now is getting advanced so yes we can prevent such mistakes in the past by doing the right thing now. It's a normal thing where there are pros and cons about technological developments, and of course every development has its weaknesses, and those weaknesses should always be covered up, so that they are close to perfect. but in fact many people do not dare to take risks, because of various interests |
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what usually happens is that beginners want to immediately double their money in the near future and a large amount. but many of them don't want to learn about crypto specifically and in the end they lose and regret it so they say bad things about bitcoin, even though they themselves don't understand
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That platform is not good mate, indeed until now i didn't receive any solution from the support to recover my account, it's been long time actually since i forgot my password but seems they are not interested to solve my issue. they want me to pass information but what i remember is i didn't set KYC in it, so i stopped contacting them.. In fact its just a small amount and it's a bad idea to sacrifice my personal information for it, wherein despite as well after making research how to solve my problem i found some negative comments about that exchange. So definitely a bad idea to pass my personal information.. Lol
I once made a transaction at gate.io, and coincidentally at that time the verification went smoothly, in fact I just found out that the response to consumers was not as good as you described. but if we get tokens and exchanges that are only available there, I want it or not we have to use them. but for trading using personal capital, I think it's better on a trusted platform, which is safer |
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in a trade, especially daily trading, of course, we rarely find people who can continue to profit without loss. even though a professional trader, of course, has experienced a loss. but they can control themselves by minimizing losses by cutting loss in the area they have determined, so that between profit and loss can be structured
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try to create a private wallet instead of storing your assets in coinbase, it is very insecure if you store your assets in public services such as coinbase, hacking and closing your account will definitely happen someday
For a good wallet, I think friends have already suggested it to you
it is most convenient for us to store assets in a personal wallet, so that we ourselves are responsible for the security of the assets we have, and even then it should be divided into several wallets to make it even more secure. it is indeed risky if we store assets on the exchange, which we still bear the risk of hacking on the exchange |
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I quite agree with the points you said. It is true at least bitcoin helps us young people who are hungry for more profitable income. Because I myself can benefit from bitcoin since the pandemic threatens our country. Unemployment everywhere including I am a victim of the effects of the pandemic so I am sent home. But fortunately there is bitcoin, with the capital from the severance pay I invested and at least now there are results.
Crypto has had more positive impact that negative in the lives of young people. I know plenty of young people in my country who would've gone towards the path of criminality but have since delved into crypto since there's plenty of opportunities and money to be made in the space. I'm saying this one experience. I know a couple of my colleagues who trade and better their life. They do this without committing crimes or anything disturbin so yeah, I agree with you. Crime is committed more because of economic factors, but when the economy is fulfilled, then they have new activities that can generate money to fulfill their pleasure. from the example you gave, crypto indirectly provides support for young people to work with trading in crypto, so that they don't become parasites anymore in their country |
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I usually use the time frame on H1, by analyzing it on a larger time frame on H4, but making decisions and exiting the market on H1. I think this time frame is suitable for daily trading in analyzing, because the smaller the time frame, the more specific the analysis will be
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Scammers will always be everywhere especially now that everything is accessible through the internet. As technology advances, scammers are also getting techier and would always find ways to fool people. If they're getting smarter these days, we should be wiser than them. They have different strategies to fool people but we have to be skeptical and just think before we click.
If we all agree on this, we will be wiser. Scammers are becoming more sophisticated, and they are increasingly employing important people. They strategize a lot more now than they did previously, and they use a lot of tools. I'm both astonished and terrified since they're always changing. We should conduct research in order to gather expertise in order to combat this scammer, and we should be extremely cautious. and it looks like the scammers will not disappear anytime, they will always change the technique. so that what needs to be considered is that we must be careful about the security of personal assets, besides that do not place assets in one basket, because if we experience a disaster, all assets will be lost. therefore dividing it into several wallets would be wiser |
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As of late, crypto has become extremely popular due to the negative effects of COVID-19 in the mainstream economy. People are starting to consider crypto to be a safe-haven against the traditional monetary system empowered by banks worldwide. Yet, the vast majority still relies on Fiat for day-to-day transactions because of its price stability and widespread acceptance in the mainstream world. With the advent of privacy coins, people can enjoy true financial freedom like never before. Privacy coins can become attractive tools for illicit activities because of their untraceable blockchain ledger. Despite all of the benefits privacy coins provide, criminals still rely on Fiat for all of their nefarious actions. I'm starting to wonder why, since Fiat (physical cash) is not as anonymous as one thought it would be. Privacy coins are truly anonymous (especially those that are private by default like Monero and Grin), as there is no central authority behind them. Maybe criminals prefer Fiat because of its high level of adoption in the mainstream world? Or maybe because Fiat has an easier learning curve than crypto? If by any means criminals start adopting crypto in mass (especially privacy coins), we could expect a full government crackdown on the entire industry. Which is why I think it's best for criminals to continue using Fiat for the sake of the crypto/Blockchain industry's growth worldwide. But we'll never know what will happen in the future. Thoughts?  Indeed true that privacy coins keeps them from being identified since it is anonymous but when the time comes that they need to convert their coins into fiat currency then that time they are no longer anonymous because transactions like that needs proper identification to convert it into cash. But there are still some loopholes that they can use because the system itself is flawed. Still they can't make a stronghold within the crypto space because they know there will be a time that the government will and eventually can crack them. So instead of privacy coins they still prefer fiat so some various reasons. even though the crypto is broken into several wallets, but in the end all will be known too. Therefore, even though it is anonymous, crypto is also transparent, so actually criminals using crypto can be tracked immediately, especially since many exchanges currently require KYC, and that is actually very helpful for the government in overcoming crimes that abuse crypto money. |
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I am not that sure about Cuba. Their national currency is not very strong, and it may create issues for the government if Bitcoin is made a legal tender. That said, ordinary Cubans may find it easier to receive remittance payments, as sending them to Cuba in the form of fiat is not very easy (thanks to sanctions and embargoes). The same is the case with Iran as well. Initially the regime there supported Bitcoin mining, because they thought it will help them in circumventing the sanctions imposed by the United States administration.
I think just the opposite, their money is worthless so they should be taking bitcoin as legal tender. That way instead of having a fiat that is losing value constantly, they will replace it with bitcoin that gains value over time, and they would get richer instead of poorer. This will also allow more and more bitcoin in the nation, both in the pockets of the regular people but also it will allow government to gather more and more, even if it is just for tax payers that pay in bitcoin, they will have a stronger treasury as well. This is why when you are doing as bad as Cuba financially, it just makes sense to move to bitcoin legal tender, that way your nation will become richer and richer over course of years. That certainly lies with them. if they will trust Bitcoin that could help them in the future that somewhat be possible but if they remain innocent and doubtful with this, I don't think this gives some room to Cuba or Venezuela. The corrupt government that they have might give them in trouble as I know they will take action for everyone who holds and use Bitcoin. Taxes might not be fair enough and probably this will happen. If the government can manage state revenues well, then I think the use of bitcoin can prosper people's lives, but if not, of course, this will lead to corruption and a gap between officials and the people. and if that happens then the economic crisis is unavoidable. and the exodus that has occurred will be even greater. on the other hand, people can achieve prosperity by having knowledge of cryptocurrencies at the beginning |
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all I'm doing right now is doing a bounty campaign. although there are many scam projects but sometimes we get decent prizes, especially if we invest some of the prizes we invest, then we will get double income, even more so if we have trading skills, so from this business we will have a source of income from several the place. unfortunately I'm still learning to trade, but it's good for long term goals
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The recent dip in the crypto market has been tough harder on the way to recovery from it a lot of crypto seems to be falling. This could be another correction or another crash the reason for going later is that the market will rise very soon now is the right time to invest and hold on merchants who have invested in the right time and sold on the way to the pump have made huge profits. We have to wait to understand what is going to happen in the market.
we must have another view when the price is experiencing a correction, every correction is an opportunity to find a buy area, so we must be able to prepare it to find the best price, especially for traders, of course, will be more observant in determining the buying area and its support, as a basis for making transactions. I think we will still feel calm if we place capital in trusted coins, such as bitcoin, ethereum, binance |
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People should be aware what type of coin they are investing on. Established coins are going to get back to their all time high however the market is. Buying low and selling high would work with these coins while some coins are such that they rise high for a moment and never get back to Same hype, some meme coins and DEFIs coins are an example of those.
Projects that really have usages and have a set of developers who are not stopping in developing are mostly the good one for investment, it's true that there are many assets that intend to be pump and dump and if you invest to that kind of project and you are not good in selling it in the right timing, you'll just going to waste your money. I won't comeback as the developers are already enjoying your money after they runaway, most of the time they are going back to promote new project under new system and will do the same thing as long as there are investors who are willing to support them. Be very vigilant and careful in choosing your investment. In investing, of course, we choose the right assets, there are many new projects that only have a momentary trend, and after that they become dead coins. By choosing a project that has a real product, there will be many people who need it, so projects like this can grow and are safe for long-term investments, I take examples like Binance. different from a new project that has a good roadmap, but it is not in accordance with its development, so we can quickly run away from this project |
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To my knowledge the first cryptocurrency was Bitcoin. Do you agree?
Since 2009 Bitcoin was launched by a person on behalf of Satoshi Nakamoto (aka) there have been very many positive things that have been obtained by people in the cryptocurrency space. Because Bitcoin has a limited stock, thus making the price of BTC expensive and then in anticipation of people being able to invest in crypto, Altcoins were born as an alternative.
Please give suggestions if my post is not correct.
Yes all except El Salvador are either not classifying Bitcoin as legal or illegal. Some are anti-Bitcoin, but others are just in the gray area where they classify Bitcoin and other cryptocurrencies as securities. Because it is decentralized, Bitcoin is prone to money laundering without any third party interference to approve or reject the transaction. There are various reasons why the state has not legalized bitcoin, including as you have explained, besides that many say bitcoin is close to terrorist activities, and of course money laundering. on the other hand, because bitcoin cannot be controlled, it is considered less profitable for a country, but I think this is just a matter of time and the situation is not right, of course it will develop according to the situation of the times. |
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Bitcoin's price will never be stabilized. There will always be things such as news posts, scandals, influencers which will affect Bitcoin's price. I'm pretty sure it would be absolutely impossible to stabilize Bitcoin's price.
Bitcoin is bigger chance for investor have much money to make price not dominance, exactly when future trading listed on many exchange give them how to make bitcoin price depend with they want, if try to open with short position they will sell all bitcoin assets and make them earn much profit from short position, after dump drastically they try open with long position and buy back bitcoin and earn profit with spot and future trading. Such cycles will be repeated continuously, until bitcoin ownership is spread, and at this time I also think bitcoin will not be stable, even though mass adoption will be carried out by all countries, but indeed if it happens then fluctuations will still exist, but indeed the range will narrow |
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I see bitcoin itself still has some weaknesses, as well as fiat. but for now, fiat is more familiar and has received recognition from the government as a transaction tool. but on the other hand bitcoin also has advantages over fiat. So I think that if both are used, they will complement each other and make people's lives easier
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Sorry to break the news to you friend, but Ukraine had never made Bitcoin illegal. Even before this law had passed, no one was going to get caught or prosecuted and sent to jail or fined for using/trading Bitcoin.
The only thing this law does is regulate crypto, which can be good for business, but the restrictions also limit the use of it for other than purposes defined.
at least there is a clear development in the ukraine state after the regulation is passed. thus the use of bitcoin is not an illegal activity, so that the people there can carry out activities according to predetermined limits. on the other hand, this hopefully will be an example for other countries to make clearer regulations so that bitcoin will be increasingly adopted mass |
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If i had a hand as hard as diamond, i might have a million dollars by now. After this happens, I understand that holders always win is true. Mistakes will be lessons, regrets will haunt, and help us think harder for what decisions will be taken in investing. I'm sure all traders must have experienced it and they will be stronger for the future.
Even professional traders have made mistakes and lost in trading. but he can still survive because he learns from the mistakes he has made to always improve himself. The main factor that can determine the success of a trader is our mentality. investing is not easy sometimes our hearts rebel when holding coins, so there is a panic sell |
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Newbies shouldn't risk their funds when the don't have the knowledge yet. Capital is a big factor in the Crypto business but knowledge is a prerequisite and an indispensable toolkit to make it in the business.
From experience even long standing investors, traders and speculators lose huge funds in the business this is just to point out that capital isn't just enough to make it in crypto the knowledge will help reduce your losses and will help point out when and how to avoid further loss
Crypto is a different market. Each alt has their own market performance, this is why it becomes too difficult for beginners because each coin has their own market trend, some may follow btc performance but most of the time some are not. For small market cap coins, usually, the market performance depends on what the dev team is doing to their project, are they developing to its full potential or just after for the money that they will get from buyers? every crypto does have its own market, especially for new projects which are still difficult to analyze, and in crypto it cannot be separated from price manipulation, coins that have a low market capitalization will certainly be easily manipulated by whales, or even the developers themselves. therefore trading on a large market capitalization, will give us security from price manipulation |
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So what do you think?
