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we are not machines that can accomplish that, if we already feel left behind with bitcoin and altcoin with other large volumes we can set the attitude on many new altcoin projects, no words left behind because dozens of projects are present every day we have the chance to have coins that we want together in accordance with the development of our understanding.
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There are very few people today who do not know about . This has become the most profitable and recognized resource for investments because in the last 5 years it has grown by more than 560 times. Simply in last three months bitcoin increased its value nearly by half which speaks volumes about its extreme prospects and popularity. Created in 2009 it has overcome the $6000 per unit rate twice in the last month.
the fact is that bitcoin and other cryptocurrencies have not given a one percent effect for the total accumulation of the world economy, so bitcoin has not got a good response officially, they still regard crypto as a prototype and some choose to ban it, I think this is because they do not feel necessary and ready with this technology, and on the other hand they will eventually be stranded because of the more intelligent crypto power coming from their society. |
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I myself come from developing countries, and who study and invest in bitcoin are the millenial generation of those who are under 35 years old.
although I am not of the millennium generation but my desire to develop with bitcoin never fades. there is a point where bitcoin is able to reach all circles, especially people who wrestle in the internet world. Until now my country has not taken the stance to ban, so I'm not afraid at all to keep moving forward with bitcoin. |
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I would say no, Bitcoin cannot govern the whole world. The reason is because irrespective of the general adoption, there are still countries that bans the use of bitcoin for one reason or the other, so if bitcoin cannot be applied in some countries of "the world", then bitcoin cannot govern the whole world.
if bitcoin can be superior to the USD in the world currency benchmark, bitcoin will become a concentration center for all heterogeneous economic fields, if in the end bitcoiin is recognized by most countries especially developed countries, then this potential still exists. We are used to the old economic style that closes the idea for a new economic system that leads more to the concept of digitalization. |
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How do you think, market will grow or fall forever? Of course no. Market is a cycle. Thats not only in crypto. Everywhere. You should know this things before you start to do something here and dont expect that price will only increase
market liquidity is critical to developing fundamentally modified market sentiment, fluctuations caused by various sentiments from various sources and recent rumors, we need not worry about this because of the ongoing degeneralization pattern organically, I think the current bitcoin fluctuations very different from last year that many holders became more concerned with the turnover volume of many existing altcoins. |
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bitcoin is not yet fully valid for widespread use because it has a problem if transactions are above average for global, there will be a bottleneck point that will make transacation hampered and this is very detrimental to the direct transaction system. It needs strong development to be a solution, I have seen the development of bitcoin lightning but unfortunately they can not run perfectly to this day.
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There is no how bankers will support bitcoin. They know bitcoin when fully adopted will surely close banks except they will incorporate blockchain to their operations. Politicians when they win election will form government which is not bitcoin friendly. Bitcoin is decentralized and can not be controlled. But government want to control bitcoin but it is not possible and that is why government want to kill bitcoin.
I do not see them purely as haters, but on the other hand they care positive even though they do not know what to do in admitting bitcoin as a legitimate payment instrument, I think they are just shocked because bitcoin has the potential to reduce their right to profit, only bitcoin is able to pound the mind of all people about the majority of decentralization. |
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Both of them may work together and fear will be rivaled by bitcoin. Because there are many who block bitcoin for the security of local banks from their country. All i know is that the government works with local banks and is controlled by the top circles of the country. I think it's like that.
actually the blockhain system is able to make the bank system superior and efficient, but unfortunately they are trying to release the distance between blockchain and bitcoin, it is very unlikely to be done and eventually they will begin to recognize bitcoin in their financial system. Banks are not in a position to be afraid because they will get big profits if bitcoin transactions are done in their system, but in this case the government does not recognize because they have not got a bright pattern about the definition of bitcoin as an asset, or as an official digital currency. |
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
Well that kind of things happened to me too, i set my target to xx price and when i sold my coin already then it continued to increase. I set my target based on the analysis that i've done so if my analysis is wrong then it's just opportunity loss, i will try to understand why the price increase even more and if i find that the price can increase even more, i will enter again, if not i won't force it and move to another coin. there's nothing to do but do buy back and even harder in holding your coins, or you can focus on other coins and be sure to believe and not experience the same mistakes, a very uncertain path forces us to focus only on short-term gains so it does not have to sell everything and keep concentration for short-term orders on the coin. |
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an ecosystem that forces altcoin to continue to struggle so as not to die, this is because the pattern of investors is never comfortable with a single point of coin and always sees opportunities from various altcoins. If one altcoin makes a mistake, or there is no long-term plan, then they will soon be replaced hegemony of a new coin.
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Ethereum has always been next to bitcoin in terms of market value and prices. They have a good project with sound tech and algorithm and they have investors that are loyal to the project.
the key is if the ethereum gets official support from the government, then all the volumes will go massively, this is almost happening on xrp, but they get a lot of cases and irregularities and finally go back silent, all have the same rights because bitcoin is still fragile and can not tailored to the will of the world government. |
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Bitcoin is not as anonymous as it was once believed to be.
With newer existing projects out there such as Dark and Monero that actually protect users identity, BTC isn't so antonymous.
Its much easier to track BTC transactions then people think.
if it wants to unite with official government regulations of the world, the obligation to use KYC / AML is mandatory, it will make the anonymous properties disappear, but the transformation and adaptation of merging with fiat will become active. I think the government wants to remove the anonymity of crypto users because it is so dangerous to practice illegal transactions in large quantities that can not be controlled. |
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at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Japan is one of the country that is using cryptocurrency to improve their own economy so there is no reason for the government of other countries to ban cryptocurrency in their area since it was helping different people's life. their main problem is being unprepared and able to actively regulate, on the other hand they are not ready with a wave of crypto understanding from a community that has actively converted fiat to crypto, in this case the government is still busy organizing crypto taxes and continuing to delay make the regulation as a whole. |
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Physical money has been in existence for long. It is the language majority people around the world still understands as their medium of exchange and store of value. Bitcoin had actually come bringing sanity to sort of misdemeanor caused by the use of these physical money, but it is yet to be known by so many because of technological know how lacking and acceptability hindrances still hanging in so many societies. So, it is going to take time if it will happen that Bitcoin shall be replacing physical money; fiat if it will happen at all.
can become a reality faster if the government ends up supporting in very strict regulations, education to the public can be faster if the state already supports crypto. If it refers to efficiency and budget reduction in terms of printing money, the fiat can be replaced at any time with decentralized digitization. |
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may be enough to make a small business, but I no longer need to make it, I just need to focus on daily trading and always learn new things from every indicator, if there is another business then I will try to be an ICO investor that I consider the potential for success. We do not need to try another business if it is comfortable in one particular pattern, we just have to master it deeper.
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I can only prepare them to collect bitcoin from myself and really will teach actively when they are 18 years old. Too dangerous if they are taught bitcoin businesses actively early because they are at risk with abuse that can not be controlled properly. All I can teach now is the understanding of theory.
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I am not a rich man and can only buy bitcoins little by little, there are still obstacles when I need money to meet the necessities of life so have to sell small nominal bitcoin and keep going all year, but my dreams are just like you, I just feel still less allocated capital and science that I continue to learn.
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One of the reasons that you may lead to failure in the future of trading is being emotional..  Not only in trading but also in any kind of investment because as much as you would like to hold your investment, when you will check the status of the coins that you holding you got easliy panic after hearing or reading bad news about it and decided to sell whatever you have believing it can save you from big lost. this is not very important to me, for some time ago I used to do sales in a state of emotion because it is related to the necessities of life, so there is no pause in my mind to hold some coins that I consider potential, maybe the passage of time can provide a solution to errors This fatal because many coins that look prospective. |
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Currently still focus for money because satisfaction can happen when I get what I want in the real world. I am quite happy with my earnings from trading to date, but have not been emotionally satisfied with the expertise in reading indicators and bigger capital allocations, I am still at the intermediate level.
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This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  unfortunately, i am one of those people that goes all in when in trading and i think its definitely hindered my possible gains. I've definitely been very lucky and put all my money into one coin and have it skyrocket but i've also been stuck with coins because they either went down or they stayed the same while other coins were experiencing a bull run. if you invest in eth or even waves, the movement will be noticeably slower than the others, it's natural and you should look for profits from your belief on the 5-10 coins that you assume will be monitored daily. I'm good enough to avoid all-in, except when bitcoin really gets wild again. |
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