Bitcoin changed the world the way fiat money changes barter system. Cryptocurrency is now an innovation of the new monetary system. The new system of payment that rides through technology that is what our world is into.
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Maybe some gambling sites has formed a partnership with investment which promotes within the site same with the investment site that maybe promotes also the said gambling site. This is also to encourage more people to gamble or to invest on the same time. A marketing strategy indeed.
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Instead of ranting negative things about the drop that wouldnt help why invest more and dont miss the opportunity of the buy low sell high on bitcoin. They said it is not effective enough but if you would hold it longer, you would realize that what you do is right.
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Depending on the regulation of your own country is the filing of your taxes. If your earnings last year upto now stayed only in your wallet , i guess theres no need to file it. If you frequently withraw, then ask some on the taxes office if you should file or not. Bitcoin earnings do not have taxes on ther countries.
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Mining is advisable back then where people are still starting to mine bitcoin and mined for about 20-50% only. Now that its 20% remaining, the payout regarding these one are sadly not enough. Miners choose to quit because there are no money left on their payout including fees.
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Its hard to predict what will happen to bitcoins value for the next decade. It can be on its peak again then drop low for no reason. The only thing we can expect now is the adoptation between countries and how each one develop that certain cryptocurrency.
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Trading or using cryptocurrency isnt just knowledge but also a skill. Even a high school student can do trading well if they are willing to learn. Cryptocurrency doesnt taught in school either. Being uneducated doesnt mean that you are a no read no write person. It is just theoretically a person who not finishes their study. Ive known that kind of person who is successful now. If they do it, so do the others. Cryptocurrency is quite easy to teach compare to others though.
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First of all, bitcoin will soon recovering from the drop its into now. The one you said not recover would be just for months. Bitcoin would never stay out of its rhytym and is always there. All i need to do is hold it for a while until it was not that stable, buy some when the price is low then enjoy when it comes up.
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I think it may not replace fiat ever. There are somw aspects that uses fiat and fiat only. It can be as good as fiat but not replace it totally. Not all people and countries have some resources to support cryptocurrency. With this, fiat is always applocable to it.
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First of all, if the government implement it, we should do what they want us to do, or else see you in prison. Second, the government do that not onky to get money from people but also use it for building roads, infrustracture, hospitalization, education and even more.
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It would be a great idea if it had few but it should be powered by a big company to ensure the safety of it. Google, facebook and other internet famous corporation should try making a legit one. Of all the thousand altcoins existed, its okay for us to have even a hunderd legal ones.
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This is just an evidence that bitcoin is still alive and those big business man are taking advantage unto it. If they see a potential with it why wouldnt we? He baught a very huge amount and for sure will not regret of the value increases again.
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Bitcoin's price is down today compare to those on last week. If you want to but 1BTC then its okay to buy today. Maybe it would increase and decrease a few times but its the lowest price for the week. The value of volatility is not far so if you wait until tomorrow, you can win or loss a few money.
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The whales usually manipulates bitcoin value by getting all their investment on crypto or by making a large investment in it. Regarding this, the crypto value becomes affected and goes up or down depending on what the whale do. The principle used is supply and demand.
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These are the dark times i guess. These is where cryptomarket struggles to get on peak again. Even though it gets our investment bloody low, i would consider it as a normal drop always. Just imagine those months with consecutive ups, it still happen now but vice versa.
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Based on my experience,When it comes to more riskier investment, cryptocurrency wins vs. Bank investments. Banks does not focuses on investment so they offer less risky but less income. Unlike cryptocurrency where even though it is riskier, the chance of having a profit is big.
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there is no way to be a successful one except a successful by chance.
I agree with you for saying that greedy does not make any positive outcomes to you even psychological or physical things but this quoted above is wrong. A success by chance is possible, there are people who experienced that but more people are become successful using their knowledge and wisdom and i think it is the factors for being successful.
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Maybe because bitcoins price becomes the standard value of all altcoins and they somehow depend on that. Given also the fact that bitcoin is the pioneer and oldest coin or cryptocurrency existing on cryptoworld. As long as you will get profit, its good.
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I dont see any link using positive thinking on winning. It was like boosting the guts or cheering up yourself whenever you got lost. Your luck doesnt affect it anyways. Luck and positive or negative thinking doesnt have a scientific basis at all. Its better to think that way anyway than depressing yourself.
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Yes ofcourse i believe in it. Something with a good payout or a large value has a big amount of risk to take. Its not just on invesent also, its applicable to opportunities or businesses you are into. If you are just a go with the flow person, then risking is not your game, then dont expect to earn money on a short period of time.
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