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Thank you for the interesting information, but there are also other factors that may slightly outweigh the expectations of many about Bitcoin. The really old financial system is now in its last days, but to say that BTC will become the gold standard is at least premature. Why? The fact is that in addition to the digital space, which is now actively developing, there is also a reality that for some reason everyone is silent about. But in reality, things are a little different. Over the past few years, many countries have increased the production and purchase of real gold, and this is all for a reason. The fact is that right now we are witnessing the transition of the world from a bipolar to a multipolar system, where each, roughly speaking, will be for himself. And in this situation, there is a high probability of the appearance of new currency zones, and if so, then to support these currency zones, physical gold is accumulating. Yes, the world is likely to return to the gold standard. But the role of digital or cryptocurrencies is precisely that they should simply replace fiat currencies. Thus, a slightly different picture emerges, where there is a place for digital government currencies backed by physical gold. As for Bitcoin and cryptocurrencies, they are probably now playing the role of a catalyst for these changes and the transition to a new financial system, but also remain on the free market as neutral money. This is just my opinion and probably everything can go according to a different scenario.
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Apparently, I, like many, at one time missed the opportunity to buy Bitcoin at a low price and, first of all, this is due to a lack of experience and information in this area. It is also worth adding to this the feeling of not trusting BTC at that time, since everything initially looked very doubtful. So you just had to take a chance and buy BTC, and then probably now everyone would make an excellent profit, which would allow them to change their lives for the better. But what was that was, the main thing now is what to do next. Buy BTC Now? Perhaps, but at the moment it is already quite expensive that many ordinary people cannot afford it. You just need to be happy for those who believed in BTC before and bought it.
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What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what? I believe the bulls are back and we are entering the second phase of growth this year. This is due to some factors, one of which is the end of the next cycle of development of the crypto market. There is also a high probability that the end of this 2021 will be very similar to the end of 2017, when cryptocurrency prices flew to the moon. But you need to understand that it is important to follow the information and the market situation, as the situation can change very dramatically and often. |
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I've been holding this token called 'SUBX' for a while now, maybe a month. Quite a big bag of it. I'm not sure if I should continue holding or let go and take what i have.
I believe in the project, but it hasn't been doing well in terms of price.
Utility wise, they already have 4 apps released and doing work with universities so I am confident it won't be a rug pull.
Reflections are delicious and community is nice.
But whales that bought during presale got impatient and left, and with the market bleeding past few weeks the price is slowly declining. Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?
Some words of advice would be really good. Thanks.
I have seen several similar situations and I will tell you this, if large investors leave the project, then this is a bad signal for the remaining holders. The fact is that such projects are practically doomed to failure, since they could not keep large investors. Of course, there is a case when the project team launches an update and this again increases the interest of large investors in the project and then there is a chance for the price of the crypto asset to rise, but this happens very rarely. I have been in such situations and unfortunately did not have time to sell, which led to a loss of profit. How to avoid such a situation? To be honest, I do not know the solution, since we all want to have a profit, which means we keep the crypto asset to the last. But you probably just need to follow the information and sell if the situation in the project is very bad. This is the only way we can avoid the complete loss of funds invested in a particular crypto asset. |
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If we have noticed this generation of children are way wiser than their age and the rate at which the get information is way so amazing. Many of this kids start making money early either through gambling or through other means and lots of them do this because the don't get enough money from their parents.
For me at age 10 my children should understand the market and how it works, interpreting chats and deciding the next move of each coin from studying the price action of different coins. At age 13 the should start trading with a demo account and at age 15 they should have funded their first account. This would help them become financially independent, also help then limit future gambling prowess and also make them prepared for their careers
Funds has been one of the limiting factors many people encountered while pursuing their dreams and ambitions. For me I see it as means where the could comfortably fund their ambitions without much stress and still have enough for fun and recreation.
What do you think?
It is likely that acquaintance with cryptocurrency trading for children is a great opportunity to learn about new opportunities for achieving success and getting great income, but in my case, I’m unlikely to introduce my children to this activity. The fact is that my children are not interested in cryptocurrency and trading at all, which means that this direction is not interesting for them at the moment. I know for sure that if a person is not interested in this or that direction, then it is better not to involve him in signing with this direction, since nothing good will come of it anyway. As practice shows, the best results are achieved by those who are interested in one area or another and show interest on their own. |
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I believe that in order to understand this situation, you need to turn your attention to the history of the development of financial systems. And then we will find that there has always been a centralized financial management system, which means that all talk about anonymity and free money is probably just a deception or a temporary phenomenon, which will sooner or later acquire the character of centralized management. That is why Bitcoin can also lose or even lose its purpose, although we do not yet know 100% who and for what exactly created Bitcoin. But we know one thing for sure, that no government in the world will allow the availability of free uncontrolled money.
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Given the nature of this digital currency, there are always conversations to be heard about not buying Bitcoin, as Bitcoin works outside the traditional banking system, so there are too many opponents to it. However, its design is such that no one can create a particular barrier to buying it. If you have access to the Internet and a Bitcoin wallet, you can invest in buying Bitcoin.
Many countries have struggled to obtain this digital currency. Bolivia, Thailand, Vietnam and Bangladesh, for example, are all trying to obtain Bitcoin. Even more advanced countries such as Russia, Japan, Australia and Venezuela have attempted to legally sell Bitcoin. But it is interesting to note that some countries, such as India and the United States, have not yet taken action in this regard and have not yet defined an official policy on such currencies.
In general, it should be said that bitcoin cannot be an obstacle, and this is one of the advantages of Bitcoin.
On the one hand, everything is as you say, and Bitcoin is probably difficult to stop and many countries would like to use it, but there is another side that raises a number of questions that are not answered. For example, who created Bitcoin and why? There are no answers to explain this, there are only guesses and opinions. And what if someone invented Bitcoin, but could not that someone make it so that Bitcoin has the functions of management and even self-liquidation? We are told that the BTC blockchain cannot be changed or disabled, but is it 100% true? The interesting thing is that no one can 100% confirm that this is so, as well as refute it. The thing is that you and I know exactly as much about Bitcoin as they say, but there is a likelihood that we are still not being told a lot about Bitcoin, and this can be a big surprise at any time. Perhaps it is from such questions that many countries do not rush to accept Bitcoin. |
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Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is. Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you  Observing the development of the crypto market, I bet on the growth of the Litecoin price precisely for 2021, since I believe that it will be 2021 that will be similar to 2017. My opinion is based on the theory of the cyclical nature of the crypto market, each cycle of which is four years. So in the first stage of growth, LTC could not show rapid growth, which means there is still hope for the second stage of growth, which should peak at the end of 2021. However, it is difficult to say whether the price of LTC will be able to reach $ 1000 per coin, perhaps the price will be able to get closer and sotvazyvat $ 800 for 1 LTC. But no matter how it was, there is not long to wait for the result, and soon we will all find out what price peak Litecoin will have. |
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We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?
Of course, now there are blockchain systems that are competitors of Ethereum, but you need to understand that the Ethereum blockchain is a tough nut to crack and will not let it just be moved from the leaders. Since the fees on the Ethereum network became very high, I also started looking for a replacement and found it on the BinanceSmartChain network, as well as the Tron system. However, as far as I understand, the Polygon network is still gaining popularity, which may well be a competitor for Ethereum and other blockchain systems. |
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