Cryptocurrency is digital money that isn’t managed by a central system like a government. Instead, it’s based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market.
While you can use cryptocurrency to make purchases, most people treat it as a long-term investment. However, investing in cryptocurrency can be risky if you don’t know where to begin.
The cryptocurrencies that have the best futures are Bitcoin, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC, SOL, TRX, SHIBA INU and PancakeSwap. In general, the cryptocurrencies that I mentioned have experienced a very far drop in price so that we can get a lot of profit if the price of cryptocurrencies in the market has started to improve.
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Btc going to big move after 21 July because ELON MUSK going to meet JACK DORSEY, this meeting purpose is how to mine btc, which enargy are used in btc mine You can check also: https://twitter.com/jack/status/1408102135040970759?s=19 What is your thinking about this meeting? Is possible to grow up btc price after this meeting? Drope your point? Tnx Which certainly aims to increase the price of BTC and to prevent the price of BTC from decreasing continuously. At this time BTC holders have suffered losses due to the very alarming decline in BTC prices, the richest investors in the world will look for ways to make BTC prices rise again, in my opinion this is one way to raise BTC prices.
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Hello Guys, can you tell me which is the best coin in 2021 to take maximum profit and gain?? Plz give your opinion
if you want to invest in cryptocurrencies it is better to invest in bitcoin because the price has dropped very far. I firmly believe that if you invest in bitcoin from now on you will reap huge profits in the years to come. Don't hesitate to start investing now while the bitcoin price is still cheap otherwise you will regret it in the future.
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Until now I still choose Bitcoin over ETH. I've gotten a lot of advantages from Bitcoin compared to ETH. In general, people will choose Bitcoin compared to ETH, besides the price of Bitcoin is very expensive compared to ETH. I think Bitcoin is the parent of altcoins because all cryptocurrencies often follow what happens to the price of bitcoin, if the price of Bitcoin goes up, the price of altcoins also increases and if the price of Bitcoin decreases, the price of altcoins also decreases.
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You can never go wrong investing when the price is going down. So for me this is a good strategy, and as long as you can accumulate and look to hold it for long term, so you don't have to worry. We already know bitcoin's track record, so if the price hits $60k, you are already making profits.
This is the classic, BTFD a winning strategy so at least you are also mitigating the risk on your part. Goodluck!!
Investing in bitcoin when the price drops is not wrong but it is the right choice to buy bitcoin. The price of bitcoin at the moment is around $ 31,000, we can only hope that in 2022 the price of bitcoin rises and breaks through $ 90,000. I will hold my bitcoins until 2022 whether the price of bitcoin will go up by more than $90,000 or it will drop to $20,000.
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All you have to do now is buy Bitcoin and hold it for a very long time or until you get a very large profit. At this time I don't have much money to buy bitcoin and altcoins, the money I have now is only to meet my household needs because I bought bitcoin and altcoins a few days ago. I only focus on monitoring the price of bitcoin and altcoins that I have purchased so that I don't miss out when the price of bitcoin goes up.
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So why bitcoin as future money?
Again, government trying to slow down bitcoin and other cryptocurrency but they can't stop people having faith in the future money which is currently happening now in the present.
Am I right? What do you think?
At this time bitcoin is widespread throughout the country but bitcoin still cannot be used as a legal currency, but there are already signs that bitcoin in the future will be used as legal payments without having to erase real money. We can't use Bitcoin in all applications but only a few applications are willing to accept bitcoin as a means of payment and imagine if we live in the future we certainly imagine bitcoin can be used as a legal payment in all countries.
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With the increasing influence of Bitcoin in the world, more and more people are supporting and approving Bitcoin. Few mainstream media can directly say that Bitcoin is a scam. However, there are still many opinions saying that Bitcoin is a bubble, and this bubble will eventually burst. Many mainstream economists hold this view. They always oppose Bitcoin for different reasons. Economists are scholars who study economics. They have knowledge and social status far beyond ordinary people. Logically speaking, they should be more able to see the value contained in Bitcoin. Why are some economists always opposed to Bitcoin?
I think it's just a trick so economists can buy bitcoin at a cheaper price. In recent years we can see that bitcoin has experienced a very high price increase compared to gold. From the fact that we have seen that bitcoin is very promising for its holders if they are willing to be patient to hold bitcoin until the price rises very high. Even though the price of bitcoin has decreased very far but at some point the price of bitcoin will definitely rise higher and it will definitely happen, so don't be disappointed if the price of bitcoin has decreased.
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maybe that's the advantage of bitcoin over real money, those who commit criminal acts through bitcoin will not be able to track their whereabouts. Sometimes I also think negatively that bitcoin is made by criminals so that they can carry out criminal transactions through bitcoin, and on the other hand I also think positively that good people make bitcoins so that everyone can have additional income from trading, mining and investing.
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Cryptocurrency is an environmentally friendly technology. At this time bitcoin mining, although altcoin mining will not pollute the environment because all the tools used to mine cryptocurrencies do not emit smoke and do not emit hazardous waste from mining results.
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it wasn't the self-proclaimed Satoshi Nakamoto arrested for Bitcoin fraud, the real person was Faketoshi. Besides Faketoshi I also hope that all the fraudsters are also caught by the Police, they are very disturbing to the bitcoin community around the world. If the punishment for these fraudsters is very severe, criminal acts in cryptocurrency will be reduced and bitcoin holders will feel comfortable.
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When we know that Bitcoin is a database, we continue to think about what Bitcoin is. Perhaps most of us would say that Bitcoin is a currency. Yes, this is our biggest consensus on Bitcoin. Perhaps many governments do not legally recognize Bitcoin as a currency, but Bitcoin is recognized and used by more and more people in the form of currency. Bitcoin's monetary properties have become increasingly clear.
in my opinion bitcoin can be called a currency and can also be called a very valuable asset because its price value continues to rise from year to year. There are several countries that do not accept bitcoin as a currency because bitcoin is only a decentralized digital currency, the government will have difficulty if someone commits a crime using bitcoin.
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In the past, I have often paid for a subscription to streamers on Twitch (part of Amazon) with Bitcoin. I wanted to do this again today, but I can no longer find the payment option for Bitcoin or cryptocurrencies in general. I also could not find any announcement about ending this option. Does anyone know if Twitch has permanently removed the Bitcoin payment option or if this is just temporary?
in my opinion, the payment process has been updated and is different from the old way so that the payment menu using bitcoin does not exist, or it could be that Twitch has removed the bitcoin payment menu. I don't understand much about Twitch because I don't use it but I hope that payments on Twitch can use Bitcoin again so that there are more bitcoin users.
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from the information I got that Blockchain was the first to be created compared to Bitcoin. Blockchain was first created by someone famous as Satoshi Nakamoto in 2008, then Satoshi Nakamoto implemented Blockchain as a core component of Bitcoin. With Blockchain, bitcoin became the first digital currency that was able to overcome double-spending without the need for a trusted authority and has been the inspiration for many other applications.
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The bad effect if there are too many altcoins, namely the price can go down and investors must be very careful in investing in altcoins because at this time there are many scams. on the other hand there are also advantages of altcoins because there will definitely be one of the many altcoins that has a good future so that the price continues to rise from year to year.
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Bitcoin was the beginning of the development of blockchain technology, everyone thought with bitcoin they could do anything they wanted. Currently there are many altcoins circulating in the crypto market because they also want to develop like Bitcoin, but there are also some altcoins that cannot develop because their owners only prioritize profit and after that they do not innovate so that they lose competitiveness with other altcoins.
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people like John McAfee will not waste his wealth if he dies someday (as is the current reality that he is dead). I am sure that the coins owned by Jhon McAfee will not just disappear, Jhon McAfee's wealth must have been passed on to someone or his family before he died.
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The major factors affecting bitcoin are :
Change in government - it's simply means when another government enter there's will be reduction or addition of some policies.
Political instability - when political system in the country is not stable, everything will get down.
If this factor occurs then the price of bitcoin will not fall very far and will even rise again very quickly. This factor has little effect on the decline in bitcoin prices, in my opinion the most influential factor on bitcoin prices are investors who buy bitcoins at very low prices so that sellers cannot sell their bitcoins at high prices.
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