As we all know we face so many circumstances in 2020, that could have crashed bitcoin and alt coins market. Economy of many countries has down very fast. The covid-19 is still around. As this year is going to finish but i see many good changes in this time frame. In my opinion crypto performed very well is this time.
At the end of 2020, the crypto market is bullish and will continue to move until 2021. Even the second richest person in Mexico has invested his money into bitcoin and gave full confidence to bitcoin. the crypto market is doing very well |
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This is good news in the cryptocurrency world. If the second richest person in Mexico has invested in bitcoin, it means that bitcoin has a very high trust in the country of Mexico. bitcoin may reach ATH in 2021. And all of us here will rejoice with the high achievement of bitcoin.
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This is the true mentality of each and every cryptocurrency user, whenever the price drops low automatically people's mind wavers out of panic. This is the reason why people always avoid to buy when the market is low and tend to buy when the market is bullish. Most of the traders prefer to make small earning out of the marginal fluctuation, while the people preferring long term holding go for low price buying.
That's right, I was like that when I first started trading bitcoin on an exchange. Experiencing panic when prices drop and selling all to reduce losses. but regret it when the market is bullish again. This is natural for beginners. Training mentally in trading is very important so that we can buy at the right time. |
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What is your favorite project these days?
I think Ethereum it's the best project. haha
There will be projects in various fields,
1. Please tell me your favorite project.
2. Recently, let me know what you think is the best project and what the area of the project is.
My favorite project until today is Bitcoin. Everyone knows that no Alts can replace BTC as the king of cryptocurrency. But for Altcoin what I like is DOGE. Why DOGE? that's because it was designed as a fun cryptocurrency, with a lighter tone to hard blockchain technology that many people can't easily relate to. |
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the Biden concept is pretty good. maybe it will reduce the unemployment rate in the US. although they would be put to work in the fields, it would at least require expertise. How can someone without an education do something they don't understand? In my opinion, working without skills will make things worse.
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I have no heir to the bitcoins I own. I don't have children or adopt. So, if I die today, all the cryptocurrencies I own will also sink. Unless someone managed to open my private key data that is on the laptop that I am currently using.
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There are always scammers in every cryptocurrency project. I think the scam in the bounty program cannot be eliminated, because scammers always have new ways to earn profits. Most of the scam victims are beginners who don't understand much about cryptocurrency. Maybe we all should research more in detail about the project we are going to, whether joining the bounty or investment program
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Hey, I'm a woman with an interest in blockchain technology and bitcoin. we all know that technology does not look at gender. not important, if cryptocurrency is linked to gender. whether male or female, it is not a problem to invest and trade bitcoin. gender does not affect the quality of modern technology like bitcoin.
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the Youengine project is still relatively new. their trading volume is still low. If the project team and developer are willing to work hard to increase trading volume, chances are their prices will increase. After all, their product isn't ready to launch either. maybe in early 2021 YOUC token price will recover, because their concept is very good. I advise you to keep your token on hold
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Is there any marketplace where artists can sell their works for crypto? Maybe online galleries or specific webistes or auctions.
You can try selling your art on the following platforms: Or maximize your exposure with the following subreddit pages: Take note: I prefer to not vouch for any of the above platforms [kindly DYOR].
I've seen some artists auction their work in either " Collectibles" and " Auctions" sub-boards or instead, list them on either this section [goods] or " Services". Thank you for the recommendation link. I have also been looking for an art market site for crypto for a long time so that my sister can sell her art there. I don't think that an art market for crypto exists. Because in my country, artists find it very difficult to sell their work, and artists here are often paid cheaply. art should not be paid so cheaply.. |
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I imagined how most bounty participants and trader who are below the senior rank most especially those who do not know how to choose good/high rewarding projects if they would would have even made up to $1k in the past 1 year. How would they feel if they have nothing meaningful to withdraw at this pandemic period and just looking at their wallet helplessly. How much have you been able to cash out in the past one year.
If that is the income from the bounty, then this year is only slightly, even under 1K in a year. different from 2017, where I can get 3K in 6 months. For me, the bounty is not my main job because the income from bounties is not stable. I have a clothing business that provides a more stable income. |
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There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble.
So how do you use your earned bitcoin in that country.
In my country, bitcoin is illegal to use to pay for something. but legal if traded like an asset. to make payments using bitcoin, I am looking for an online shop that comes from abroad. If online shops in my country accept bitcoins as payment, they could be subject to legal sanctions. Except quietly. |
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I am glad I'm tied with crypto because it allows me not to pay attention to my "real" work that much.
Happily, I haven't been fired (yet), but it doesn't bother me as much as it could.
I'm sorry for you! In which industry and in which country did you lose your job, if that's what you want to say? I'm just curious because it varies a lot from country to country. In some countries many lose their jobs and in others very few. In my country, many people have lost their jobs due to covid-19 pandemic. It was caused by decreased product sales. I was a clothing business owner who has to lay off my employees because I can no longer afford to pay their salaries because my income has decreased considerably since the coronavirus. I hope this pandemic will end soon. |
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this method has been very often done by scammers and lots of novice investors who have become victims of scams. You should stay away from these sites because they cannot be trusted. You should choose a platform that has a very good reputation for investing in bitcoin. to choose a good platform, you can ask your friends in this forum and discuss it. I hope you don't get caught in a scam mode like this.
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I think it is high time to call your friends or neighbourhoods call into crypto. I convinced some of my friends to invest into crypto by telling them advantages of using or holding crypto.Cryptocurrency is so important and it is not going away as crypto is the future currency.
It is not wrong to tell about crypto to your environment or friends, but you also have to tell them about the risks they will face later, even though overall crypto will not be lost because crypto is the currency of the future, every job always has risks and that must be understood as well. by the people you invite, because if they experience a loss you will be hated by your friends. It is very important to tell friends and family about the risks of investing in crypto because if they suffer a loss, they don't just hate the invitees or the informers. but they also hate crypto and don't trust it anymore. what was even worse was when they gave hate speech against crypto in the media. it will cause FUD and panic to sell against other investors. |
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In my opinion, bitcoin is not ready to become the world's major currency, because its volatility is too high. and many people in the suburbs do not understand bitcoin. Many do not believe in bitcoin because they think it is a scam and a Ponzi business. Currently, bitcoin can only be an investment asset to store their property value. but maybe bitcoin will become the world's major currency in the next few years.
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Most of the bitcoin and cryptocurrency investors are millennials and generation Z. Young people will love the latest technology including Bitcoin which is a new digital investment model. Meanwhile, Warren buffets are parents who reject the latest innovations. all he knows is traditional stock investing. He doesn't understand the advantages of blockchain and bitcoin technology.
He served centralized corporations and helped wealth inequality exist. He has a big influence over a lot of companies and industries and will not support something that goes against it. Once you know you had the power for so many years, supporting something that can't be controlled is like burning your past work. The feeling of leadership & power can't be compared with anything else, so even if he knew Bitcoin was a big thing, he'd rather not sustain it. A sort of denial in a part of Warren. He surely knows about Bitcoin, he's a business man, a powerful person and obviously, he's looking forward to what Bitcoin can affect his business. Who knows actually if he's already investing it right now or might they accumulating since from the start. That sounds funny, right? But who knows, really. But because most crypto enthusiasts never believe him, be surely be criticize whatever he said. Quite reasonable. most likely he has bought and collected bitcoins but not directly. it's young people in his investment company. Given that Buffett has sold his stake in several banks and then bought gold. It could be, he also bought bitcoins secretly. it's like a conspiracy  |
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Most of the bitcoin and cryptocurrency investors are millennials and generation Z. Young people will love the latest technology including Bitcoin which is a new digital investment model. Meanwhile, Warren buffets are parents who reject the latest innovations. all he knows is traditional stock investing. He doesn't understand the advantages of blockchain and bitcoin technology.
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Why do you invest based on other people and your friends? you should analyze more about the project that you will invest in. If you are unsure about the project, you should leave and look for a new project suitable for investment. One thing you have to do is, don't invest all your money. if you want to take a very big risk, then go ahead.
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Good day,
forgive a newbie question please. I am new on the bitcoin scene and I am also pretty fresh in economics. I am learning, I suppose that is what I wanted to say. I was an ignorant for a way to long and now I trying to gain knowledge to be a little wiser. I got a bit lost because of the pandemic and I wonder is it good to invest in bitcoin and stock market nowadays or should I wait and see what is the market response going to be. I was pretty sure I got a hang of it but the situation changes so dynamically that it is hard for me to follow.
In my opinion, during this pandemic, bitcoin and gold investment is very good because gold and bitcoin have the same side, namely these commodities are not susceptible to a global crisis such as the Covid-19 outbreak. This is because what affects the price is only supply and demand. During the pandemic, many people are turning to gold and bitcoin. This made the demand increase. So that the prices of both of them also increase. it's still not too late if you want to invest in bitcoin now, even though the price is already high. policies in developed countries that loosen cryptocurrency rules as a stimulus measure to face the global crisis. For example, the United States, which has allowed banks to manage cryptocurrency. Europe is also ready to issue policies that are friendly to crypto assets. This policy will boost the purchasing power of cryptocurrency and lead to an increase in prices. This is why the price of bitcoin will also increase after the pandemic. So, it's not too late to buy bitcoin these days. |
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