worth mentioning is success becoming rich by bitcoin. is it appropriate to call success if all of that is obtained from a fraud. What do you think maybe a successful villain is the appropriate name 😅😅😅 I think what you say is very superficial. Bitcoin is the same as other investment commodities, which if we save it for some time then we will get profits or losses, it is a risk in the investment world so it is not something FRAUD, in bitcoin there is no fraud, bitcoin is transparent transactions can be seen by everyone and they cannot be manipulated.
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Maybe they judge bitcoin ponzi scam because they have a bad experience in making transactions, for example they make mistakes when making large amounts of transactions so that the funds they have are lost and not returned, or they see only from the negative side used by fraudsters to get money in the form of bitcoin. So they judge only from the mistakes they made themselves and the criminal actions of others without wanting to see many positive sides.
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What is certain is in my opinion the reason why bitcoin cannot be banned because bitcoin is decentralized means that the system is spread everywhere and not centralized, it will be very impossible if the bitcoin is banned. Despite the many pros and cons of various parties, bitcoin will still exist even though there is always a correction in price movements, but that's what makes bitcoin attractive.
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What is very influential on the price movements of bitcoin besides the stock market is public trust. This we can see when there is good or bad news about bitcoin or other crypto currencies, the market is always moving extreme and massive. It triggers bitcoin holders to sell or buy bitcoin for fear of not getting the maximum profit if they don't take positions when there is news about bitcoin.
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I am sad to be happy. sad because I didn't have time to buy more bitcoins in the back when the price of bitcoin was very cheap maybe I could get a lot of bitcoin and a lot of profits. Happy because if bitcoin rises then it is likely that the price of other crypto currencies will also rise even though it has not yet had a significant impact on the other crypto currency markets.
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I really don't know firsthand whether this is true or not, but certainly every bitcoin news that appears I always hope that it can make the crypto currency market more and better. If indeed this is true means shopping on Amazon can be done easily anywhere and anytime without any distance and time limits.
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And now that bitcoin has reached more than $ 5k and this year I think it will reach $ 8,000 and even more, this is what I get from some crypto currency artiques and shares, in the articles they mostly predict that this year Bitcoin will again experience bulls, I hope this will also help boost the price of other crypto pools to make them more potentially more profitable.
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My advice for those of you who want to benefit from investment is to do some coin research which you think is potential, you can do it on some large exchanges see how the price movement patterns, see how the bid and ask activities, don't forget to do some research the source who did the coin review, seeing the potential of a coin you can judge from the product of the coin itself, does it have a lot of interest and whether the product has a high value, usually such coins have good potential.
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The most important thing when we want to be a good investor is to prepare the strongest possible team, because an investor must first be ready to lose all the capital he has, the reason is that if we are ready to lose then any market decisions we take will not be too affected by emotions and fear, if we already have these basic things then the thing that must be prepared next is the strategy of how we will deal with market conditions so that every decision we make can produce maximum benefit.
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In the past, China has always had rules that drew controversy, maybe because they wanted to advance their products or there were other plans, but certainly the decisions they made always influenced the crypto currency market, especially bitcoin, because China is one country that has an influence on the market world. But I hope the decision taken by China does not have a negative impact on the world market for crypto currencies.
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Bitcoin does have a unique price movement pattern, where the pattern always repeats in a certain period of time, in my opinion maybe because bitcoin has a halving day cycle that occurs every time period until there are no more bitcoins that can be mined. How come in 2019, bitcoin can form a pattern in 2017 but with a much higher volume and price, so we can take advantage of that,
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Smart work is needed so that we become rich, because with smart work everything we do will not be in vain and all will bear fruit & maximum, smart work is not only done with the intelligence of the mind but also must be accompanied by motor intelligence or we usually call it with skills, discipline, and responsibility for what we have done. But behind it all you should not forget to set aside some of our assets for others, because in fact the definition of rich in my opinion is not how much we have, but how much we can share to help others,
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It is natural that after the price of a commodity has experienced a very extreme increase, it does not rule out the possibility of further extreme correction and it is difficult to recover because the resistance point that must be penetrated is very strong, as happened in 2017 and 2018 this is a turning point at the same time correction from the previous price peak. Many traders and investors feel acute stress because the value of their assets becomes very cheap and has almost no price at all. Finally, many of them reluctantly make a sale, and of course it becomes a trigger for prices to fall deeper and lure other people to sell at lower prices.
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I think KYC does contradict the principle of anonymous crypto currencies, but on the other hand a crypto currency company doing KYC is to protect against fraudulent users such as multi-account actions and money laundering. If you have already done KYC with your original identity, you do not need to worry if you do not violate the rules, in my opinion KYC is not much different from us doing selfies and uploading them to social media and not dangerous if it is done by companies that are trusted and you did not make a mistake.
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I hope that this innovation will help increase the community's trust in bitcoin and crypto currencies, if all this time investors are still awkward to invest in crypto currencies, hopefully with this innovation from Kakaotalk it can show that crypto currencies are safe and potentially profitable for investors. In addition to this, with the crypto currency wallet on the kakaotalk application we will be easier to transact without any distance and time restrictions.
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If I have as much as $ 10,000 I will choose crypto currency which I think has a good market, such as ETH, BTC, XLM, XMR and some ICO tokens I think the current market conditions are a good time to buy some crypto currencies, because now it's a price turning point towards bullish again.
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In 2019 in my opinion, is a pretty good time to invest in bitcoin. Why do I say that? because 2019 is the last year before halving day in 2020, and remember at the time of halving day the price of bitcoin is always increasing, this I see from the graph of bitcoin price movements from year to year, this is sure to happen and continue to repeat with the same pattern, so depending on how far we can use the best price movements.
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I think this is not impossible, even though if you look at the current situation, people do not fully know & understand what bitcoin is and how it works, I think to replace the bank system that is now used will be very difficult because banking itself has strong trust from the community , I even prefer that crypto currencies and conventional banks run harmoniously without interfering with each other.
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