If crypto won't be invented till date, I don't think will be much difference in our lives. Crypto till date is seen and taken as an investment asset and failed to make it to mainstream payment system. You can't buy a bread with bitcoin and for daily living one still need fiat.
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In my opinion, bitcoin is still best to be bought at around 50 - 54k since its showing huge resistance at 50k. You can buy bitcoin at dips and can take short term positions and earn profit. Chances are that bitcoin may cross 60k in near future, though anything can happen in crypto market.
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Well I am very bad trading or short term trading. All my crypto strategy is about HODL, it always worked for me and its very simple also. "Buy when everyone fears to buy and sell when everyone greedy to buy", if you stick with it you will never loose.
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Too much info not best always So how to find quickly here the fastest way info the most important info how to get Our hands on $$$$ That's Why we here for.
Newbies like to know best ways 2 get that dolla dollars.
Most of the info not needed... Any methods to find better money info?
Tnx, im sure many newbies asking this
You have to spend time filtering out what is best from the rest, it's really that simple. The best way to separate quality info is to see the rank of member posting it. Pay attention if post is from senior member, hero and legendary. You have to spend some time in doing that.
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DOGE is a much loved coin by the crypto community and is sure to be for a very long time. Probably its price would increase with the bull run on the entire cryptocurrency market. However, what certain is that if Elon Musk had not tweeted about DOGE, its price would never be at the level that is now.
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I don't think it will be soon. The hype around doge is huge, but there is a lot of resistance. Another big problem is hamsters - a few bad news and the doge will go to the bottom. Although, maybe Elon has already come up with something and doge will be on the moon.
It doesn't have to be soon. The important thing is that sooner or later Elon will start pumping the DOGE price again, whether it will be in half a year, in a year or even in a few years, it is certain that sooner or later the DOGE will reach the $1 level. HODLers will win again!
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If someone is experienced in trading and is not afraid of the risks associated with it, trading can be much more profitable. However, if someone wants to sleep well, it's much easier to just invest for the long term and just watch Bitcoin's price hit the new ATH every few months.
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My honest suggestion is stay away from ICOs, they usually end up scam. Better make your own research and find good altcoins like Polkadot, Cardano. Invest in altcoins that have solid foundation like good team, achievable goals etc.
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To stop poverty, we must stop corruption first. All those countries who have highest rate of poverty have highest rate of corruption. See for instance, India, Somalia, Myanmar they have common enemy aka corruption.
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We don't blame banks now the governments, we blame there centauries old nature of abusing their clients. Whenever we take loan we have to pay huge amount of interest on that loan. They just take advantage of our situations. Banks stop abusing us, we won't blame them for any of their deeds.
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Dollar is the global currency and USA holds the power to print as many currency notes as they want. Its because of this fact dollar won't fall. In my opinion this strengthening of USD because of currency notes is temporary and won't help dollar to stand out in the long run.
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It's always best to have a diversified portfolio with bitcoin and altcoins. Bitcoin must be your first choice of investment, as its trusted for over a decade. Put some of your money in solid alt coins like eth, polkadot etc. If you have a portfolio of different crypto then you will be getting profit all the time.
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Bitcoin is decentralized and distributed asset. There is no single owner of it and can there can't be a single owner of bitcoin. Bitcoin is designed in a way that miners (hundreds of thousands) are securing and generating new coins. Rest you can find very resource on Google.
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Somebody tells him that bitcoin has succeeded. A piece of code launched 10 years ago has now price of 55k$, what else is required to be a successful thing. Still there is no single owner of bitcoin, they are all distributed among crypto community.
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Bitcoin has controlled inflation and yes thats one of main reason of bitcoin success. With this rate last bitcoin is expected to come on 2140, after that no new bitcoin will be generated. Apart from controlled inflation, decentralized nature of bitcoin is another reason why bitcoin is so high.
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Well if someone is putting all his hard earned money in bitcoin after retirement and that too at this high rate, I would say it's not a good choice. If someone is willing to put his money in bitcoin then he must wait for this bull run to be over. The moment of making such a decision does not seem very good to me, but who knows what the situation will look like in a few years.
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you dont need strategy, you just wait tweets from elon
Elon Musk already make his deal and now probably will forget for some time about crypto.. If you talk about day trading or short term trading then defiantly it will end up in loss in the long run. But if you are long term hodler and have the patience to watch the market bleeding without selling your coins then you are destined to win.
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It may be true but in my oponion government are no one enemy of bitcoin. Since bitcoin is created to take the financial system away from governments. Thats why we see huge resistance for bitcoin coming from government people.
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Bitcoin is purely a decentralized asset and rarely work on few people statements or tweets. There are people and companies who influence the world and bitcoin is not an exception. But there are many rear chances when bitcoin goes up because of some statement. See current bull run, it's on bitcoin own mood.
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