With progressively positive voices standing in support of Bitcoin, it stays to be seen whether it will actually increase in value significantly until the end of this year or whether it will remain around this levels. What do you think about it?
I think it will be on its level as i is, because good news or bad news market dont follow any news anymore. We have a lot of speculative movements from whales, who knows what they will decide to do, we will see.
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A lot of airdrops come from scam projects, some of the airdrops just try to catch you attention to the coin. When you receive some coins on your wallet you think what the hell is this coin is and you go to their website and try to search for the info, so it is a good advertising company. Also some airdrops are used to pay some small ammounts to investors or bounty members.
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For the next 5 years in finance i dont think i will go all this way only with cryto market, it gives not so good signs when it became popular and known worldwide. I guess maybe some trading still will give some small profit.
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As i see it a lot of people still are newbies in crypto world, they just see easymoney and they try to get it. Still some airdrop projects and that give a big discounts on icos go to the market and can give you a good profit.
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EOS is very undervalued at the moment, so it is always right time to buy it. I think it will deffinetly go up in the future.
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Sometimes whales just stop trading and they just hold money in bitcoins, so in this case i guess new investors are great, but mostly whales that already have a lot of bitcoins can manipulate market and they are able to pump and dump it as much as they want.
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Bitcoin has a great blockchain technology, which helps you to spend much more less transaction fees and other things by sending money to each other. So maybe bitcoin has a great future exactly here and it can help economic in such way
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Like in forex usually it is a skill that helps you to earn money on a daily basis. In crypto currency i gues if you will start to analyze market, news, projects and etc you would be able to catch up with market and make gains everyday, but still as for me daily traiding depends a lot on a luck, rather than skill.
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Sometimes altcoins offer really great projects, ofcourse mostly I invest because you can get much more profit from them, rather than from bitcoin. But rarely i invest because of an idea behind the project.
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For week 9 for me it shows - can you please re check it?) Thank you!
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The crypto market has always gotten such waves. It has fallen a lot and raised a lot. At the moment we are in the stage when we wont see any huge bull runs in the near future. The market is stable at the moment, so is is better to play on a long-term position and make profit, when the market will go up.
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People that prefer to hold clearly do not understand that trading is sometimes much more better and profitable, well, it all depends a lot but i prefer to trade on a short term basis
Sometimes you need to know when to sell and when to buy, ofcourse short term trading can you give you more profit, but it is also much more risky than long-term. It is difficult sometimes to predict how the price will go.
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I wouldnt agree with everything. For example even the first mistake to lend money. You really need to know to whom to lend it, sometimes you will get back much more maybe not the money, but some possobilities for example. So you never know, maybe you shouldnt lend big amount, but small amounts why not.
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It is simply to difficult to predict how the mrket will go, I prefer not to trade short-term and I go for long-term investments. I think that there are a lot of great projects that are undervalued, they will reveal their projects sooner or later, and when they will do that, the price will go to the top. A holded some altcoins and they have given me profit for about 500%+ For example EOS/Aeternity
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As for me cryptocurrency is much more intresting than forex. Here you can get much more profit and ofcourse loss, but in forex market you can get much higher loss than in crypto, thats the thing. Also crypto at the moment is hyped and its really cool thing to go with modern society in the same direction.
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Sometimes I think people dont uderstand who is hacker and how they work. If you are such kind of a person who never reads what is written and you always enter phishing email and etc. You give everywhere your accounts and passwords, than ofcourse you can be hacked, if not they need to come to your home and get what they need. Cryptocurrency is a safe thing, windows 10 is not
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