At the moment the market is expecting a 0.4% increase MoM, and a 4.7% increase YoY.

So things are accelerating.

I think that Bitcoin can't replace money! What will happen is that the entire cryptosystem will replace the traditional fiat system! Digitalization, it's the future! And crypto can deliver what is impossible for a traditional system, billions of users connected  24/7!

And I don't think it's will be an easy ride! Traditional shareholders will not give up their positions so easily, and people as people have a lot more to learn about centralized and decentralized systems, about how crypto actually works! All this is just the beginning, and I believe that this crazy ride is far from over!

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

There are places in the world where price of real estate drops instead of goes up, but those places are very very rare, when you look at it in the long term you always end up profiting from having it. However between the costs and taxes of keeping it, you are not going to profit from it as much as people imagine, it is going to be decent but it is not going to be insanely profitable, especially considering how much we are profiting from crypto right now.

For example, if I put my money in bitcoin and wait for 10 years, I am 100% sure that I would make more profit from that compared to buying a house and holding it for 10 years, so why would I go do that? People just want to "see" their investments, there are those people, people who buy gold and silver physically, people who buy houses or even cars which usually drops in value, so it is really a personal choice, not a financial one.

This is how I see the whole project (and yes, I already invested some serious money because I truly believe in that great community project Bitgesell and hope it has a bright future):
Bitgesell is some kind of "digital gold", meaning it is designed to securely store value in the blockchain like Bitcoin.
But unlike Bitcoin, Bitgesell has its halvings of mining rewards yearly, not only all 4 years. This means that the inflation (mining block rewards) will decrease much faster over time than it is the case for Bitcoin.
Additionally there is the burn rate of 90% of all transaction fees, which will decrease the supply available over time. You can see here how many coins are already burned:
https://bgl.bitaps.com/
...and with every block new coins will be burned.

Together with the fact that the maximum amount of all Bitgesell (BGL) coins is only 21.000.000 (minus the burned coins of course), it should decrease the supply tremendously over the years.

But there is a lot of work to do to increase the demand of Bitgesell and get traction, e.g.:
- list the coin on more (and larger) exchanges with more volume
- make it more popular => everyone can help here. Spread the word. The more people know about Bitgesell, the more potential new users can be found.
- A whitepaper and timeline should be created by the team together with the community to make it clear to everyone what the goals for the future are.

Bitgesell has not only the potential of x50 but much more. Of course it will probably never reach a market capitalization like Bitcoin or Bitcoin Cash but once it gets a little bit more popular it can easily make a x1000 from the current low market cap (only $248,835 at the time I write this). Even $248,835,000 market cap is not much for a great coin like Bitgesell. Today it would be something like rank 140 on Coinmarketcap after a x1000 (and with growing crypto markets in the future $248,835,000 means even a much lower rank). Nothing impossible. Let's do it: Coin price of $0,025 today => $25 in a few years :-)

 

I'm currently working at a normal 8-hour shift job, 6 times per day in order to make a living, but I was always seeking some extra income that could be earned at home. Moreover, I'm doing my internship now, in order to graduate, in which I'm working from home, online. However, I do not actually count that as an online income, due to its nature.

I'm interested to see how other members of this community earn money online, either if it's a full income, or some extra pocket money. I used to trade a few months ago, when I was out of work due to Covid-19 restrictions. Likewise, I've stopped now because it was causing me anxiety, while at the same time having limited time due to being occupied with work.

Although I've stopped trading, I invested my money into DeFi projects, the first vault I joined as a liquidity provider, was an algorithmic stablecoin (Bolt Dollar), which resulted in approximately $1.000 in gross profit, before sinking into the abyss. I've now resigned from risky vaults and invested into Stable LPs (Currently in Iron - BUSD). It's a small reward but involves minimal risk and action.

My last source of online income is signature campaigns, I've been in one for quite a while and I wish I had more time to post more, but I do not, I'll prefer to not post crap all around the forum just to get my post count up.

I might not make much, provided I had more free time than I would definitely earn more, but I'm satisfied that I have another method of earning some kind of income. How are you making money? Are you a full-time trader, a DeFi investor? Let us know!

Why stress your head with calculations yet there is automation?  

I like using this tool - https://btc.feh.im (The also consider the exchange's trading fees)

For example if you bought BTC worth $5,000 at $35,000 and sold off at $40,000 with VIP 0 account on Binance. You are going to pay 0.1% fees at both instances when buying and selling.

So this is what you will make in profits in USD value according to the tool

My portfolio has become quite extensive, in my opinion.

I am in about 10 different cryptocurrencies, all that aim to provide a lot of real world value.

I was looking at my portfolio this morning and realized I have enough to convert all of my coins and have 0.75 of a full Bitcoin. It has always been a dream of mine to own a full Bitcoin. Right as of now I only have about 20% (0.20) of a Bitcoin.

I know that Bitcoin will always be THE store of value, but I think it would not be wise to miss out on the other innovations the cryptocurrency space has to offer.

Let me know what you guys think.

There's 2 main ways I'd consider:
One of them is peer to peer or over the counter where you'd do multiple smaller trades.
The other would be to buy a stablecoin/stock derivative and wait with that until you find a good time to sell.

There are a few companies that'll allow you to convert crypto to stocks positions and a few that'll hold cash on your behalf from their own issued currency (the main one I can think of is etoro but it might not be the only one - primexbt, bybit and binance also would allow you to take out a 1x long on stocks or the dollar for your crypto.

I haven't been in such a situation before so it's kinda hard to give a direct answer but in the past, I've seen people using Bitcoin mixers as a way of getting around the privacy issues that abound with using other methods like P2P or even going straight to an exchange to do it. Another option would be to transfer the BTC into a wrapped BTC you can use on decentralized exchange which you can then change to an altcoin and then send to a different wallet before finding moving it to wherever you want. Bitcoin mixers seems like the most effective that's why govt has been trying to crack down on them recently.

P2P is the best choice if you want to convert your bitcoin into fiat. Find someone that is reputable or someone you know that buys a lot of bitcoin in exchange of fiat. This is also the main problem of people who holds a huge value of cryptocurrency. For me if I want to convert it into fiat, I would not do it in one day. I would divide it into an amount that will not alert the bank make them investigate your account. If you managed to convert it into fiat without being traced then the government found out you bought some assets that cost very expensive then you would be suspicious to them. As long as you got it legally, I think there is nothing you should be scared of.

Not sure if this would be considered a "method of earning cryptos", but simply just earning money from businesses(offline/online), and simply using the fiat earned to buy bitcoin. Probably not the answer you're looking for, but yea.