We have seen how much influential people can affect Bitcoin price just by their words. So it is possible for Ronaldo also. I hope that he doesn't do such thing. The market has not been in a good condition for some time. It'd make things even worse.
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I think really positive about some old coins like Bitcoin, Ethereum etc. . These are really strong coins in the market. Bitcoin is the best to HODL in my opinion and Ethereum has also started to be a good choice for long-term investments.
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Actually, I have near zero expectation in this way. The price is just stuck between 35k and 40k dollars. It seems like we've entered the bear market but many of us (including me) are not aware of it yet. I think the price won't decrease that much but it will continue to be stuck at these levels.
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Companies are just after making a huge profit thanks to Bitcoin. Tesla's aim was also no different than this. Elon Musk even manipulated the market so much because of it. So, I'm not blind to see this but there are people who think innocently that Elon Musk is praising cryptocurrencies just because he likes them.
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I think that the economy of developed countries especially will start recovering after COVID-19 is gone and become successful on it. But I'm not sure about the rest of the countries. They may have big problems when it comes to recovery.
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To be honest, I would like to be that lucky person. In fact, I really don't like this market's being manipulated. But we have nothing to do to prevent this from happening. So I think that the best thing to do is to try benefiting from this situation somehow.
Yes, and if you can take advantage of the current situation, then you are the next luckier person than the lucky ones, because many people seem to panic when the market starts to decline and forget to take advantage of it. People shouldn't panic when there is a big dump actually. This is the nature of this market as we all know. I see those times as a golden opportunity to accumulate more to be honest.
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It is the best thing we can, yes. But it is really hard to predict when the correct time is. Most altcoins are even more unstable than others. If you are dealing with that kind, you have a really tough job to do.
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I also started thinking like we are entering the bear market. The current movements could be the footsteps of it. Because if we were still in a bull market, the price wouldn't get stuck at these levels for this long I think.
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For long-term investments, yeah. I definitely think it is a safe-haven asset. Because we have witnessed many times how much Bitcoin price increased in some years. For this reason, I absolutely save Bitcoin also for the future.
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You've made a good point. There is no certain level like we shouldn't buy after the price gets past it. You can always buy and start holding for years if necessary to make a huge profit.
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China is just China. It has been totally against cryptocurrencies for a long time. It still hasn't realized that letting its people trade would help its economy a lot. It is missing a huge opportunity and this could cause China to be 1-0 behind other big countries that don't ban Bitcoin.
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If we are aware of that we can lose even all of our money as well, then we shouldn't invest more than the amount we will not regret about. Otherwise, things could turn into a nightmare for us.
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The ICO market always contains some risks. Therefore it is very important to do a proper research like you indicated. We shouldn't trust any projects blindly before making sure about them. Of course, we can still have doubts after even doing the research. But we will have a clearer thought that's for sure.
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Donald Trump hates Bitcoin because he thinks that Bitcoin has the potential to damage US dollar. If he was the president right now, I'm very sure that he would even impose a ban on cryptocurrencies like Chinese government has done already.
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People were in a really big danger before Google banned these advertisements. Because swindlers were trying to trick people and steal their money. Google has lifted the ban and there are new rules right now. Thanks to these rules, there will be a safer environment from now on.
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Some people say that like cryptocurrencies are the only things which destroy the environment by consuming too much electric energy. But it is not true. We have so much bigger problems than this. They also know that but they choose to attack Bitcoin mining only.
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It is true story. If you are lucky enough, you would make insane profit from these meme coins. Honestly, I don't want to try my luck in these. I'm very happy with my other investments already.
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I believe in Bitcoin for the future also. It is the cryptocurrency that I trust the most in this market. First of all, it is the oldest one which makes it really attracting. And its current potential is still really big. I expect the price to reach million-dollar values.
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Governments can't destroy Bitcoin. But they have the freedom to ban it (like China did). And it would affect the price for some time too. But it wouldn't cause Bitcoin price to go down to zero or something like that.
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China actually had a really nice chance against US dollar while they were allowing cryptocurrencies. But I think that it lost its advantage after this ridiculous ban action. It would have benefited from cryptocurrencies a lot.
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