I feel happy and sad at the same time, because I sold all the crypto before the bullrun, but on the other hand, I also feel happy because crypto is increasingly known to many people, and hopefully in the future crypto can be used in every aspect.
You are among the unlucky ones not to be able to benefit from the bulls this year. but I am sure you can get it from your future trades or investments. now you can study the market and the moment to plan your investment in the future. Faced with a market with as much hype as crypto, we will never sell at an ideal price when we cannot see the future this market can achieve many people always feel that they are unlucky and regret selling bitcoin too early but they forget that they were safe with the money they invested, they made a profit, maybe the number is not too big but it still better than loss, this game will still last for a long time, we should not let regrets make us retreat. Looking at the current market, I only get nervous when things are going so well, this perfection is masking a terrifying scheme |
|
|
|
assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
This depends upon the circumstances surrounding the reason on why the price of BTC dropped. As for me personally, I would definitely purchase more BTC and HODL it for long-term. Any opportunity that makes its price lower in the market is also an opportunity for me to earn them. Another thing, I do think that people are taking for granted the technology of the blockchain and its application in the world. That is why I do think that prices of BTC will definitely skyrocket AGAIN in the upcoming future. We are appreciating blockchain technology and its applications just because we are investors, we are users and we are compelled to trust the product we are tracking, the fact is that most people don't look down on bitcoin or blockchain technology, they just don't believe in the profits it can bring, I've never believed it either but I like to follow the trends of the crowd. And when bitcoin falls, at least I'll wait for a market trend to manifest, being hasty to invest and hold will make us lose more profit. |
|
|
|
You're correct Corona infection isn't hurtful for bitcoin rather it encourages the bitcoin to develop more.
At the point when the infection happens numerous business goes down and people groups begin remaining at home.
All the stocks market shut down and individuals begin thinking to put resources into bitcoin and digital currency, which changed the bitcoin market.
Presently bitcoin cost is higher in contrast with the most recent year cost.
Coronavirus was really harmful to the fiat currency because we can see that due to this virus many people are intent to use digital money like buying things online and paying it online to avoid physical contact or physical money when payment is there. In my country, they are already using paymaya and gcash as a mode of payment because they are avoiding the spreading of viruses that might get in the physical cash or fiat. Not just only numerous businesses have been going down but almost all of the businesses become bankrupt due to the lockdown that has been happened to us, we can see that the stock market was in a red situation and also going down due to this coronavirus. Covid-19 is really bad for Fiat but the reason is not what you say, people are still using fiat normally, even if they want to convert to online transactions, banks in the countries still provide a full range of services to them, cryptocurrencies or bitcoin have yet to enter these fields as banks have always been vigilant. Fiat was affected by economic losses, companies lacking too much capital and people lacking too many jobs, bitcoin has benefited when people are turning to online investments but things will probably settle back soon as the vaccine is very close |
|
|
|
I'm not sure Unicoin will still be of interest to the Crypto community if the DeFi coin hype disappears.
It seems that BNB is much stronger than this UNI.
Agree, UNI coin became famous and gained high value just because it is mining a new trend for the market, combined with the airdrop rewards they provide to the community, all of which has given them a lot of hype about their company, helping them mark a foothold in the marketplace but after all, this trend has become more boring, lacking in creativity. While the development of BNB has gradually been upgraded, plus the provision of new rewards, UNI wants to be the next BNB is probably a long way in terms of development and very challenging in competing with its predecessor like BNB |
|
|
|
It's a common idea that government will not accept or approve bitcoin because it's a decentralized currency, can't be controlled and might end up ruining the economy instead of leading in advantage. The government can't control bitcoin, no one can and that's the one and strongest reason why no government accepts the currency. We are lucky that most countries are legalizing the use of cryptocurrency. It can change depends on the situation where it'll be more profitable.
In general, I also do not encourage or feel that spreading crypto or bitcoin to the government and asking them to provide legalization because everyone understands that the nature of this story is impossible when the origins of bitcoin are not so clear and controlling is not easy, the government is still very worried about what happens after they legalize it. Plus, users like us probably don't benefit too much when we make our earnings public, we won't be able to avoid taxes, approving is unnecessary, maintaining neutrality is something I like among governments |
|
|
|
Its not wrong to believe in him, we normally follow and believe people who are smarter and richer than us. Anything he says might just affect us and if he says we could all live on mars by 2040, I'd be the first to buy a ticket to Mars. People has to believe in someone or something and right now we believe in him that he could bring crypto to mars.
More precisely, we often like to follow the rich, famous and influential because they have such a great reputation in the world, most of the products they choose are of certain qualities and can produce a lot of profit, sometimes it's just a contract to advertise the product but they can also create trends that people are excited to follow. Attracting people is a strong point Elon Musk is achieving, regardless of whether he invests in crypto or not, he is in a position to make an impact, and following him is one way for us to keep up with trends and stay ahead of people's minds |
|
|
|
Bitcoin can not end any currency, since bitcoin is as yet very little famous among us. Half of the world doesn't know what actually bitcoins is and those who know about bitcoin accuse it of a scam. Also, how would we purchase bitcoin if the cash gets end?. We won't be able to exchange. For me, dollars or any cash ought not to end. It might make a few issues and hurt the bitcoin itself as well.
Indeed, the era of a currency that was produced by nations could not easily collapse just because of the emergence of virtual currencies such as bitcoin, the government will not allow this alternative to happen, for a strong economic country like the US, they will stop bitcoin if it really threatens them. Besides, the knowledge about bitcoin is still very limited as you say, many people are still unclear about the use and purpose of bitcoin, even for bitcoin users, Bitcoin has always been a tool to invest and accumulate, widely used currency has never been a concept for bitcoin |
|
|
|
It doesnt matter which type of investment; the truth is that you should not take a loan for a start up investment; Trading or investing bitcoin should and must be done with a calm mind and peace of mind to; how can you trade bitcoin when you worry about a loan ? Never do that. Do your own research and trade bitcoin or invest bitcoin with funds you can afford
I am wondering why so many people are feeling anxious about a startup loan, don't talk too much about the risks that we can take, almost all investments or start-ups, starting to get rich always takes certain risks, fear only makes us more close to failure. Personally, I am thinking more openly on this matter, a loan to buy bitcoin is still possible but it needs to include a detailed calculation and exit plan, understand what we are investing in and stop, and as long as we have stable income, the loans can still be paid off |
|
|
|
This is the 3rd day SFP is traded and the price is already over 30x the IEO price. Judging from the volume and hype of this project, I don't think 100x will be difficult in the next few days.
I am just equally amazed and out of words for Safepal with regards to its performance. It has started on good grounds and I anticipate x50 in their few weeks. Most the newly launch token on Binance launchpad experience a massive during the first week after the listing but we all know what comes next after this huge pump. Early investors will surely take profit when the volume becomes stagnant so better to not expect a over pump on this coin. This coin is overbought to the highest level. This project is just a wallet just like Ledger nano and Trezor. Agree, new tokens on Binance are frequently over-pumped because for investors, especially the big whales, even those who are new to the market, every project on binance is potential project, the exaggeration has made great profits as it is now with SFP but we should not forget that this is the investment market, the rate of return is never maintained, especially when things go up too fast and too high. SFP has been pushed too far from what we expected, be content and take profit, instead of clinging to the peaks |
|
|
|
I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?
crypto today when viewed from any side is more valuable than gold. because as we know that crypto is easy to get high prices if the market is good, in contrast to gold it will be difficult to get high prices because it has to go through a moment. so crypto will still be more valuable than gold crypto is more valuable than gold I think yes you are right but behind the advantages there are definitely weaknesses where crypto has a volatile nature where the price tends to be unpredictable and can hurt the owner's financial suddenly different from gold from what I have seen and learned if it goes up it is difficult to go down if possible only little Agree that crypto is more valuable than gold but we need to define exactly that the value of crypto is always temporary, short-term value is the essence of crypto, there are no exceptions in this market. However, considering the long term, the value of gold has more stable and developed milestones, this year may be a bad year for gold but after the economy stabilizes, gold will still go forward, while crypto is very good this year but the next year is something that is hard to predict, a few years I see people in a crypto crisis when the value of crypto falls to its bottom too deep |
|
|
|
I have a lot of small amount of tokens that I want to trade but I will end up with no profit and will have to spend more than what I can trade, this is really not good if this continues the volume will go down, and only whales and big traders will trade, this is a golden opportunity for other platforms to challenge Ethereum, which has become annoying for traders there should be a fix sooner.
Many members and airdrop hunters are falling into a similar situation when the costs for the conversion are too high compared to the profit they can receive after selling their tokens but even with more complaints about this, the ethereum team hasn't been able to provide a definitive solution yet, maybe other updates are only coming when they face the big competition as you say. Part of the problem of too high ethereum gas fees can also be attributed to too much FOMO, we want more profits from ethereum, we will have to accept higher costs, which is fair |
|
|
|
If you happen to not have access to binance, the closest thing you have is kucoin. They offer similar fees and promos, their native token both functions the same although the value is drastically different. Kucoin also is not mandating users to do kyc for your daily trading and withdrawal. Been buying BTC there for more than a year now seriously that kucoin does not require KYC even how big you need to withdraw? Binance does not require when you only withdraw more than some BTC . Binance exchange is a pretty good exchange and has a fairly large trading volume.
OKEX is also a good exchange.
But Binance nowadays has one of the Highest transaction fees, i have experienced a 19$ fee for 40$ withdrawal last week. This was a time when the prices of bitcoin and altcoins were booming strongly in the market, so the face of high withdrawal fees is inevitable when you try to exit the market to get cash right now, if you do not need money too quickly, I do not encourage you to withdraw and when you want to withdraw money, focus on altcoins or networks that have low cost. Until now, binance is still the best trading website that I and many people use, even with a high cost, it is still worth when their platform supports a lot of customer requests and brings out many interesting events |
|
|
|
Perhaps in this year, we will find a good vaccine for the Corona epidemic, and the global economy is improving, and we are in the world of crypto the epidemic does not affect it. We must be optimistic that the next will be better, because there are altcoins that gave us good profits and Bitcoin increased its price.
I have heard about the vaccine for the Covid-19 pandemic, but the situation is not very positive because the test results have yet to make me feel satisfied and unsafe, besides, the pandemic is not yet stable as other variants of Covid are appearing, many people have death and underemployment are happening, combining issues revolving around the president of the United States, a leading economic nation, he has yet to come up with a solution to stimulate the economy. The only consolation I feel in 2021 is probably that bitcoin has been very stimulated, today is a great day for holders |
|
|
|
It is so amazing that there are people who taking the risk for their living. I wish I have there determination in gambling.
Not many people want to risk their money in gambling, even though they are confident winning the gambling games. It is hard to accept the loss, but it will more pain if we lose big money from gambling. But from all of that, some people can prove to themselves and other people that they can live out of gambling, and they earn decent money to survive and buy their daily needs. But still, it is hard to use gambling as a main source of making money, so we do not have to try to do that. Although some people have the courage to take risks and make gambling a source of money for their expenses but overall, they don't have progression over time, even living with everyday fears, worry about what games they will play tomorrow, worry about losing everything one day, sometimes if they have a little free time and look back on their past and their lives, they see only gaps and loneliness with gambling. There are many better jobs in this life that don't have to be so risky, do not let gambling break our youth and vitality |
|
|
|
of course it could be an interesting choice because Elonmusk also always said doge in every tweet.
so the photo will continue and also the doge increase from the beginning of the year is very high over 500% within 1 month, the highest achievement of doge in a short time. because doge also has a high market capitalization.
Silent and apparently dead for a long time but then briefly exploded through just a few lines of Elon Musk's status, a way to create such a very public crowd effect, if someone asks me to continue to hold Doge during this period, I can just say sorry and reject them regardless of the potential behind, switching between profit and loss after only a few lines of position, taking such risk and betting is too much risk, instead of accepting rushing along this boat. Why are we not satisfied with the available profits and jump in safer boats? |
|
|
|
Among the choice you choose above the defi will definitely do great within that range of time you choose but am not so sure about waves and ada to give such profit within 3 to 5 months, especially waves is not the fast to to increase in price.
I often discourage others from joining Ripple or ADA because as you say, their growth is really only apparent over a certain period of time each year, the wait time can be too long, we can get depressed and dumped when things go up except for ADA and Ripple, and besides this, we often see bad news about Ripple, being delisted from Coinbase is the most recent problem Ripple is facing. We have more than a few options at the same time, my main trend is still to encourage people to stick to the binance exchange, most of the altcoins they list are usually very good quality for investment |
|
|
|
Currently, owning and holding bitcoin cannot make someone the richest in the world. Because bitcoin is a new investment industry. But most likely, if investors buy a lot of bitcoins and store them until they can no longer be mined and the value is very high, then bitcoins can make be people rich.
Indeed, a new and risky field, that turned out to be a tough challenge and restrained many from being the richest through bitcoin, but most recently Tesla reported investing over a billion dollars in bitcoin, the big bosses have started to notice, the price of bitcoin has skyrocketed, although I cannot say anyone will be richest with bitcoin but I can say many people are getting rich with bitcoin, Bitcoin created more rich people. However, perhaps many people will not disclose their finances with bitcoin as this is still an area where governments want to control and establish taxes. |
|
|
|
the step I have done is to buy quickly when the price is low and hold until the price is high. This is one of the most powerful ways to find significant and large target prices. So I thought I wouldn't miss this opportunity to get low and sell high.
Well, I feel that you are lacking in the preparatory steps for an unexpected event as bitcoin drops dramatically and I believe your plan to buy low sell high will not be possible when perhaps a large amount of your capitalization is falling on altcoins or unable to convert to USDT, an unexpected situation always delays everyone's actions and contains many errors. Therefore, a preparation step for this situation is necessary, setting a suitable price to convert to USDT or stop loss quickly is the way I always do, wait for a stabilization from the market and apply your strategy, the odds of winning will be higher if we know how to prepare |
|
|
|
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions.
It is a common mode of action for people to fear what they have little or no understanding about. It is also a common thing that some people respond and accept changes a lot more slower than others. You do expect a man who normally receives his salary in dollars, to suddenly accept bitcoin as a new tender without proper information on what bitcoin is and its prospects. However, with time as popularity increases and acceptance is gained, people will come around. There are people in the world who think that fiat and paper currency is the real money, rest all is scam or short term money making opportunity. Due to their lack of high vision thinking they are unable to realize that the future is of digital currency and bitcoin will be the king of those currency. Even with institutions adopting it, they still think it is a scam, strange  Considering bitcoin as a scam is never an accurate one but considering bitcoin is a gambling game, a form of investment without government control, it is relatively accurate and when governmental organizations have no authority to participate or decide here, the ratio of risk and losses would belong to the user, not including the responsibility of the government. The government has made announcements about these issues, strong media have kept people away from bitcoin, fortunately a portion of the young are still understanding how bitcoin works. |
|
|
|
Hell NO. In this kind of situation if you still thinking the price of XRP can reach 5$ you are totally delusional. At this kind of situation it's very hard from XRP to survive from SEC decision. Just pray XRP not gonna be delist from coinbase.
The matter of the SEC decisions or the issue of Ripple being removed from coinbase, I think these issues are just a plan, a news to trigger a price boom or drive the price in some direction, you can see the price of Ripple collapsing huge after these news but without any new news, Ripple is back and hitting a relatively high price point, proves a lot about my speculations. So, I don't pray or hope for Ripple, I just believe in money flow, chart analysis, if things go in a positive direction, Ripple could still rise as this topic predicts |
|
|
|
|
Show Posts
