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Indeed, BTC and other cryptocurrencies are now showing an increase in their prices and this may well signal a market reversal and the beginning of the second phase of growth, which can probably last until the end of 2021. I believe that there is nothing special in this situation, and those who have been on the crypto market for a long time, then know that after each fall, the price of cryptocurrencies is growing. However, there are other factors that affect the fall and rise in prices for cryptocurrencies, for example, these are stages of growth and what is surprising, according to these stages, it is 2021 that is the last year of the next stage, and usually this year prices for cryptocurrencies are growing and show their new peaks.
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Which altcoin do you think will be the game-changer this time as most of us have speculated and believe that there will be a bull run post Bitcoin halving, apart from Bitcoin altcoin does give a good return on investment during the Bull run just like how we witnessed last time. I will suggest everyone to choose top altcoins before halving as not everyone can afford to invest into Bitcoin.
Personally, this time I made a bet mainly on Litecoin, but unfortunately, the growth of LTC this time was insufficient and there remains hope for the second stage of growth, which has already begun and will probably last until the end of 2021. But if we take into account several cryptocurrencies, then I would bet on the same LTC, as well as ETH and BNB. I believe that these three altcoins should show good growth and significantly increase in price. There are certainly other attractive cryptocurrencies, but I have not yet explored their potential yet. |
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Cryptocurrency is digital money that isn’t managed by a central system like a government. Instead, it’s based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market.
While you can use cryptocurrency to make purchases, most people treat it as a long-term investment. However, investing in cryptocurrency can be risky if you don’t know where to begin.
Indeed, with the advent of cryptocurrencies, many people and industries have received a number of new excellent opportunities for both development and making money. It is profitable to invest in cryptocurrency now, although this process is highly risky. If we talk about which cryptocurrency has more potential, then it is certainly worth noting BTC, Ethereum and other top altcoins, as well as project coins with real use. I believe that cryptocurrencies that have practical use and have a high investment potential will enjoy success in the future. |
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If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?
Probably in order to make a profit on BTC without selling it at the same time, then for this it is enough to invest your BTC at a certain percentage, for example, to join a certain fund or organization. However, there are also risks in any investment that cannot guarantee 100% safety of your BTC. Perhaps in the near future banks will launch such a function, since there is already talk about this and then it may become a good opportunity to make a profit on BTC without selling it. |
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I couldn't put the full title in the subject line due to character restrictions, but here is the full question:
If bitcoin was fully adopted into everyday life, why would it ever be used for day-to-day transactions if the general consensus was that the price would always appreciate?
After reading several posts on this forum many people seem to think that Bitcoin will always go up. If this were to be the case, why would people spend Bitcoin at all? In this theoretical time, wouldn't it just be a poor financial decision to do?
Or is it thought that in this future where there is widespread adoption the price would stop being so volatile and for the most part stabilize?
Since at the moment we probably do not know 100% for what exactly Bitcoin was invented and launched, it can be assumed that it is a kind of new financial assets, which at the moment are best used as a store of value, as well as to preserve your funds. from inflation. Of course, the price of BTC cannot constantly go up, and we see this in the example of a fall in price, and then again its growth, which, in principle, is shown by other assets. I also believe that it will not be possible to keep BTC all the time, because in the end everyone will want to fix their profit and be sure to sell their Bitcoin for this. |
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If you have study, the entire market in the past few weeks you will discover the cryptocurrency market is a system, and this system works together in terms of market value, but at some point, some cryptocurrencies perform more than others e.g. Bitcoin which is the dominant cryptocurrency. Bitcoin at the moment is in another bullish position while other altcoins, except a few, are in a downtrend mode this leads me to the conclusion that Bitcoin is the most Bullish crypto at the moment. free to add your opinion on this, but the view should be limited to 2021 alone. Indeed, Bitcoin, so that they do not talk about it, is currently considered the most bullish cryptocurrency in the crypto market, which, if you bought BTC at the very beginning, made you a rich man right now. This means that BTC would have already brought not really big growth and its holders would have received huge profits. If you are an investor and would like to invest in cryptocurrency, then the first cryptocurrency in your investment portfolio must be BTC. Who knows what the future holds for BTC, when it is already showing excellent results. |
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Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
I have always believed in the success of Ethereum since 2017 when I learned about it. Should we expect the price of ETH to rise? I think so, and of course, the update that came out influenced this. However, if you use ETH and follow the information about its development, you should have known about these events and that the price of ETH will definitely react. But if you are expecting a sharp rise in the price of ETH right now, then you probably won't see it. I believe that the growth in the price of ETH will be phased and by the end of 2021 we should see its peak. Of course, this is just my vision of the situation and the market may go according to a different scenario, but I adhere to this particular theory. |
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Does BTC act like gold in the fiat market?  I don’t understand why this currency is still mainly on the cryptomarket. If we take the top 2 ETH, then this token has a huge technological potential with its ICO, NFT, DEFI also has multiple cross-chains that expand the ETH ecosystem. What keeps BTC so high? If we speak openly, then BTC has no role in itself, it's just a dummy compared to other technologies on the other crypto P.S. This is my opinion I just want to know Indeed, BTC in the crypto market is gold, and even more so it is the first cryptocurrency, which is rightfully the progenitor of all cryptocurrencies. As for cryptocurrencies such as ETH, everything is obvious here, because ETH and other similar cryptocurrencies received their blockchain systems from BTC, and are also auxiliary services for the creation and distribution of blockchain technology in the world. I believe that all cryptocurrencies are created for the greater development and spread of BTC and also all together influence the growth of its price. |
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Can Bitcoin provide a way out of the world's debt problem? The current fiat world incentives debt through currency debasement and cheap debt. Too much debt can be a problem for long-term productivity and raises questions about sustainability.
Is bitcoin a possible solution to this mess? If more and more people start going from fiat to bitcoin, can we at least end up having a soft landing when shit hits the fan? Or will bitcoin exascabate the problem instead? Is there still hope for this world?
I think it is worth noting that we are talking about the US debt and the dollar, because this system of borrowing works mainly for them and is already in a cretic state. As for Bitcoin and the solution to this problem, there is a version that in order to smoothly solve this problem, it is necessary for all the owners of the dollar to abandon it and exchange it for another currency. But the only question is which one? Bitcoin may well be such a currency, but at the moment we see that BTC is becoming less and less accessible to the average person every day, which means if this version works, then it is aimed only at saving the Kurp companies. This is just one of the versions of possible events, but how it will actually be, I think we will soon find out. |
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I have been a fan of the Ethereum cryptocurrency since 2017. I saw many events related to both the rise in the price of ETH and the fall in the price, as well as the increase in the load on the network, but this could not shake my faith in ETH and now I, like many others, are waiting for the launch of EIP-1559 with great anxiety. I can't know for sure if this will help solve one of the important problems of ETH, but I believe in Ethereum and its developers and the fact that they are working for the benefit of the development of cryptocurrency and the entire Ethereum ecosystem. I think the time has come for a new movement of the ETH price to new heights and the launch of EIP-1559 should definitely contribute to this.
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Indeed, there is a lot of positive news around Ethereum now, and they all say that the price of ETH is about to show excellent growth. In confirmation of this news, we see how the price of ETH has already started its upward movement and the imminent transition to PoS can really send the price of ETH to the moon. I believe that Ethereum may well surprise us until the end of 2021 and everyone who holds it will be generously rewarded.
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