For me the decision is depends on us and I think it's hard to trust other to do something it comes to your investment. So its important that you are the one who knows and manage to your investment. - Of course, I do not see any reason to trust others in our investment decisions, even if they are an acquaintance, a trusted person because the loss and profit in investment are ours, every decision we make can lead to different results. And with such important issues, we can not trust advice or any news from others, they are not responsible for this investment, they do not lose money or pressure while we are the opposite, we can be the loser and receive great pressure, so we need to be absolutely careful, analyze every problem, we can not subjective or believe in others |
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I think also crypto is like kind of a gambling because it can turn people into rich but it can also make people poor.
- Exactly, and what I see is that crypto only turns some middle-class people into wealthy people, most of the rest are just losing their properties to the crypto, crypto is really like gambling, winning and losing always only a very short distance. However, investors and many new people never understand this story, they just believe in rumors that crypto is a very easy opportunity to turn them into millionaires but if it can do that, everyone here has become a millionaire very early, the fact is that the news is fake, that's just a way to advertise crypto, it's not true |
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The crypto market is in the red right now, Ethereum suffering the most, but don't panic sell people, it will rise again.
Panic selling doesn't help or solve the problem at all, that' why I still hold most of my coins instead of selling it because I also believe that the market will rise again soon. - Everyone knows that selling in panic will not help anything, it can even make the situation of the market worse but the pressure from loss is not something that people can fight back, panic selling is wrong but they can not stop it, their psychology needs to relieve pressure, and the only way to achieve that is to sell and sell. Many people have said the same as you, patience and still hold but they also can not control emotions, although you still have the patience now, but when things go beyond your limits, you will also fall into crisis and panic selling |
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Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
I think its hard for government in the world eliminate their own currency and replace it with bitcoin. Its because bitcoin is decentralized cryptocurrency and government can not control the supply like government did on fiat money. - Of course, the features of Bitcoin almost against the management of the government, and with such problems, there is no reason for governments to support bitcoin in the future, support with bitcoin, it only causes the government to lose control over transactions in society. While with paper money, they can manage very easily, people also do not complain about any inconvenience or trouble with paper money, so, I think if the government wants to support, they will support paper money, their currency, instead of support bitcoin |
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Its true that many people leave cryptocurrency with loss but i think more people come to market and take an opportunity in this situation. Every investment have a risk and i think we should measure our own risk when we make investment. Investing our money in bitcoin very high risk but also high reward. i think its much better if we using money that we can afford to lose
- I do not think there are too many people who want to take advantage of this opportunity because as you can see, this market is too dangerous during this time, joining can only get lost, almost everyone has the intention to give up, very few have enough courage to continue to invest. However, this situation is probably only temporary, although many people give up, but also a lot of people are still patient, the opportunity for recovery is still possible, and when recovery and development come, those who give up bitcoin will come back, the market will be exciting again |
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Who is responsible for fraud projects. doesn't that cause a lot of losses and what punishment is worth.
No one is responsible. I do not see that at least one Creator of the project skam put in prison or fined. It is worth considering how to still calculate the creators of these pyramids and these deceivers - Certainly, no one is responsible for this problem because from the beginning, the ico project is just an idea, and this idea can succeed or fail, it is fake or real, that's one thing that no one can guarantee. And if we believe, we can invest, no one encourages or forces us to invest, and when investment and failure, we can not blame anyone, we can only understand that we are unlucky and choose the wrong project, unless the government can participate and manage the ico project, if not, I think no developer will be penalized |
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not only does the government get threats but everyone can also be threatened, if this crypto currency is misused for acts that violate the law and harm other people, the government will find it very difficult to find the sender and recipient of a number of crypto currencies because they are transparent but anonymous the government will find it difficult to control it
- I think crypto does not really threaten the government because people still do not trust and use crypto, and with such a low number of users, crypto can not affect the government but in return, it is probably threatening to the people when so many people have become victims of the project scam. The government was very tired to deal with complaints about crypto, but after all, we can see that the government is not afraid of crypto, if crypto really threatens the government, the government will soon remove it from our lives but until now, crypto still does not have the capacity to become a threat |
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Before this plunge, a lot of people spreading FUD about bitcoin and how they want bitcoin to die and how obsolete bitcoin is. People saying that this alt or that alt will replace bitcoin and that bitcoin is no longer King of crypto. Now, looking at CMC, as bitcoin values going down so are ALL altcoins. No shitcoins...I mean altcoins able to get through what's happening in the market not even BCH, XRP, XLM or any other alts able to get pass through the bear market. This is just a proof that all alts value depends on bitcoin value and the influence of bitcoin to the whole crypto market. I'm very sure before bitcoin value turn to zero all alts turns to dust just like when Thanus snap his fingers and dusting happened.
So tell me, with all honesty, do you still wants bitcoin to die?
people dont want bitcoin die they want bitcoin to have a low value so that they can purchase more coins and they will hold it until the price raise again, no one wants bitcoin die because they can earn from it that is the fact. - Indeed, all bitcoin users do not want bitcoin to die because it is a very good place to make money, and as you say, they just want the price of bitcoin at a low level then they will accumulate and hope the bitcoin will increase and bring in profits for them. But if everyone does not want the value of bitcoin to return 0, why is bitcoin still falling, the only answer is that there is a force behind this story, they are controlling the game, they do not want Bitcoin died but they also do not want people to accumulate easily, they want the greatest benefit always belongs to them |
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We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth. The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously. Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame. Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that. Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  I agree younger generations now are aware of the new technology and the older generations a few percentage are willing to adopt the technology that is arising now. This is the modern times now and all of us needs to adopt or else we will be left. - Agree that the younger generation is knowing and accepting new technologies in a positive way, and that's good for them only when they use those technologies to a reasonable degree, but I do not seem to see that in young people, they are probably too focused on technology as bitcoin. Although this may apply bitcoin in life more but it will also create some big problems for society when the younger generation is so passionate about making money with bitcoin, they ignore stable jobs, their future is really a big question, technology is a double-edged sword, it is very scary |
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that might be possible because I see that at the end of each year the price of bitcoin always has a price increase so just wait until 2018 ends and hopefully the price of bitcoin can return to more expensive prices.
- What you see is true because the end of the year seems to be a time when investors with large capital always want to make a lot of profits, they want to welcome a new year with full facilities, new equipment, and they always pump the price of bitcoin to make that profit. I also think that this year will not be an exception, although in recent times, the value of bitcoin has dropped dramatically but it has also begun to show its recovery and stability again, $6000 is still a price that bitcoin can achieve before the new year comes |
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Definitely yes you can still rich to bitcoin once you invested to the bitcoin right now because price is cheaper but if you want to wait to dump more is okay but time is gold and you need to grab this opportunity and for sure the result is good and satisfy.
I like your opinion, but if I adopt your opinion, this is a big challenge for me if I buy bitcoin when the price drops dramatically because what I'm afraid of is if bitcoin falls even worse than the current price. as long as bitcoin still exists, I think that opportunity still exists. well, bitcoin is money, so when you can make large amounts of money, you can be rich if measured by material. well, however, it all depends on how you use it so that it can make you rich. - Your opinion is also very reasonable, as long as bitcoin persists and grows, we can still become rich through bitcoin, but things will not be easy as the stages in the past because the market situation and Bitcoin has changed, it has grown to a certain extent, wanting to develop more is very difficult. And of course, we also can not apply investment strategies, hold and receive huge profits, different times will have different strategies, and this is the stage where every investor or trader needs proper calculations, strategies, skills to make a profit, can not be passive and waiting for the unexpected boom |
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How do you promote Bitcoin or crypto currencies?
Do you even promote it ?
I am promoting it to my friends back when I was just new in crypto ,
But most of them doesn't care about it back then.
Personally i promote in social media, twitter is the best and good impression raised in promoting. Because cryptocurrency is illegal in homeland that's why i can't promote it mouth to mouth. I use strongly social platform to advertisement about cryptocurrency. - Although you are doing a good thing, advertising and promoting bitcoin on social networks, help bitcoin get many new investors but you do not understand that scammers are also leveraging social networks to make money from others, many people have become victims. The government has also warned people to keep away from bitcoin investments on social networks, and your good deeds have turned into a bad act in the eyes of many people, instead of advertising bitcoin, you just make people think you are a scammer, so, I think you do not need to continue advertising bitcoin, it can still grow over time as long as it is still good and profitable over time. |
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I disagree if a young marriage causes someone to become poor. I think when someone is married they will be sued from themselves to be more enthusiastic in seeking income for their family's needs. in my opinion poverty occurs because of laziness. even though someone is not married, but the person is lazy to work, I believe that person will be poor and regretful in his life. so in my opinion it is very wrong if young marriage is said to be the cause of poverty.
- Absolutely agree with you, getting married when youth is not a big problem, it can not lead to poverty as long as young people work hard and constantly trying for life, I can even say that young people will soon be more mature, when they know they are responsible for a family, they can not continue playing as if they were single. Cause for poverty is as you say, always lazy and very negative thoughts in life, if a person is lazy and has no effort for life, poverty is very normal, not related to the age at which they get married |
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I have never trusted ico rating sites. If I'm going to invest in an ico, the most important condition has always been the ico's team. I look at what people in the team are experts on and their careers in the past.
- The ico ratings sites are just forged, the projects pay them to advertise for the project, cheat the investors, I also never believe in the information they provide, the thing that I always check is probably the team as you say, if the development team has enough credibility and fame, the reliability of the project is very high and vice versa. Some other things that I also often check are the community and the manager of their bounty campaign, good community and development combined with a reputable bounty manager, it helps to advertise the project, the chances of success are very high, no reason not to invest |
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Stop investing in ico for now. now ico is very dangerous because too many projects are scam. You are better off trading than having to invest in ICO because it is very risky
- Agree with you, ico has become too dangerous when the value of bitcoin plummeted, this has made projects and investors unable to continue to support each other, projects can only expand and then become scam when they have no capital, investors also do not have enough confidence in the project when most projects are very bad. And with such a tragedy, investing in ico can only make us lose, instead of profit, if we care and like a project, we can buy when it succeeds and is listed on the exchange, it will be safer and better for us |
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There is no connection between digital currency and fiat currency. In fact, USD will not fall once the value of bitcoin goes up. Unless they have only one usage. But in this case, they are use in different aspects. Bitcoin is for investment while fiat is to buy our daily consumption. It does not affect the price of dollar since USD does not based upon the value of BTC.
Absolutely right! It is weird to try making any connection between the cryptocurrency and the traditional money. Even when all people will start using crypto, it will not affect national currency. - Sure, the use of bitcoin will not reduce the value or affect the national currency because most people who know about bitcoin, understand the benefits of it, they always choose bitcoin as their number one investment, they do not consider it as a currency, that will waste the features and value of bitcoin. In addition, the number of users and know about Bitcoin worldwide remain at a very low level and with such numbers, it is difficult to form influential for national currency, this is also the reason why bitcoin can exist so far without being destroyed by the government |
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If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
I think Crypto will only have a positive impact on improving the economy of its users. but not to improve the economy of a country. because the economy of a country involves many things such as slow economic growth, the number of unemployed, high inflation and others. crypto will not be able to solve all these problems. economic improvement can only be done by the policies of the country's government. - Precisely, crypto can not improve and solve the economic problems of a country when not everyone in a country can know and make money from crypto, to make money and work with crypto, we need so many skills and knowledge, this requirement is probably too high for many people. Even for crypto users, not all have a positive economy when they work with crypto, only a few of them can do it, combined with the government does not allow people to use crypto, that is enough to understand that crypto is not god or omnipotent, the problem that it can solve is very limited |
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Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
Sell now and take the large loss. If you wait, Bitcoin will only go lower and your loss will become even bigger. I warned every one in here many months ago to get the hell out of Bitcoin - but no-one wanted to listen. Now you pay the price for that. - I think that you should not make him lose faith with crypto and Bitcoin, that just made him make the wrong decision the next time, although in the present time, your predictions and reminder are accurate, the price of the bitcoin really dropped dramatically but you should remember that this market is a series of unexpected events. You can say right today, tomorrow, even the next few weeks but bitcoin has not ended yet, the future of bitcoin is still unclear, sometimes now he is feeling bitcoin destroy his life but in the future, he will feel bitcoin is his best thing, this opportunity can still happen as long as he does not give up and follow your advice |
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I don't know if I am the only one that is not worried about the market and feel it is doing fine? I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme. I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality. It is only the weak hands that are complaining while the wise are taking advantage of the market to get good altcoins at cheap prices. What is you thought?  I agree with you, crypto is not a way to get rich quick. but crypto is an investment that requires deep time and analysis. there is a risk of every choice you make in crypto investment - Yes, but a lot of people still have that thought, thinking that crypto is a quick way to become rich and what they do is just put all the money into it, and after a while, they still can not become rich, what they have is just a loss and do not understand why. I was also a victim of that thought and my loss is not a small number, but at least, I was able to adjust my mood and thoughts, understanding crypto is a form of investment where profit depends on our patience, knowledge, there is always danger and risk, can only grow step by step, can not be too fast |
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do not do that because I think it is the most careless action because it can make you experience a lot of losses so you should share your trading capital to buy some coins in the exchange, don't just buy 1 coin.
- If you say these things in the past, I will certainly protest because eth in the past is really potential, if we invest all in it, although this may be a crazy act but the ratio for us to make a profit is very high but in the present moment, exactly as you say, this is a silly action and can make us lose a lot of money. Because ETH has had too many changes, its value has dropped dramatically, trust of investors and people have not no longer too much, investment in is possible but too dangerous, we do not put all into eth is better |
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