In my opinion, the move to a digital currency by the government will have an even greater impact on state control over the citizen economy but at the same time it will allow everyone to start familiarizing themselves with wallets, cryptography etc thus educating people to allowing greater ease of management and certainly of approach towards Bitcoin and cryptocurrencies in general. The digital euro will be the trojan horse for Bitcoin adoption. https://www.ecb.europa.eu/paym/digital_euro/html/index.en.htmlWhat are your thoughts? I think that was exactly how it was conceived with the creation of blockchain and cryptocurrencies. The world financial system, read the dollar, is bursting at the seams and it was already known before, so we found a solution. However, this does not mean that under the adoption of crypto means the adoption of those cryptocurrencies that are now, on the contrary, every state in the world is interested in creating its own national cryptocurrency, for example, digital EURO. So everything will be as before, just change the financial system and probably the entire currency will become digital. |
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Trading cryptocurrency aren't for kid's , it's for people with matured mind. Going into cryptocurrency trading , one have to build up is mindset to be patient to trade for a long time. One of the problem that affects traders during trading is that they think so fast to make profits . Trading cryptocurrency for a very short time always is not the best as a trader . Successful traders I have come across go into longtime investment , trading is not just acquiring cryptocurrency but trading comes from the mindset. If the mind is not on positive direction it can result to bad outcomes. And at this point now that the cryptocurrency price is low it's best time to go into longtime trading that will yield good profits in time to come.
So, do not be too hasty to make profits , short time trading don't pay much
Yes you are right. Cryptocurrency trading is not an occupation for everyone, or for successful trading, I would say you need to have a special mindset. The fact is that when trading cryptocurrency, you need to be able to make quick decisions, be able to analyze the market situation and try to anticipate what will happen next. Such a mindset is far from being common, and I would say it is generally a rarity, hence the majority of those who lose money. I have traded cryptocurrencies and I know how it works, while I know people who would also like to trade and earn money, but they are afraid to even register on the exchange on their own, what then can you even talk about? So cryptocurrency trading should be done by people who understand the complexity and responsibility of their actions. |
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The giant whale, as its name implies, refers to a super huge whale. When this kind of ocean king appears, the sea can always set off huge waves, and one bite can swallow tens of thousands of small fish and shrimps. If in the world of Bitcoin Here, will they have a sense of responsibility for the healthy growth of Bitcoin? And I saw the huge volatility of Bitcoin, their teeth are like sickles, without leaving a drop of blood. I really don't want Bitcoin to be their tool. Will they control more than half or even more of the 21 million Bitcoins?
Bitcoin has always been linked to speculation and speculation. Bitcoin’s hype and currency prices have fallen dramatically. Investors who buy Bitcoin have their property infringed, which may lead to "the transmission of personal risks to social risks." At that time, Bitcoin will be What's it like?
I am not a pessimist, my faith in Bitcoin will not be shaken
What do you think of this problem?
I don't think ordinary crypto users should be concerned with super big whales, as they are two different worlds. As for influence, it is certainly the big whales that influence the crypto market and do it only for their own benefit. If you still think that everything that happens is for the benefit of the entire crypto community, then you are wrong. In the crypto market, as in the ocean, there is always a war for survival. |
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And why did everyone decide that nature is subject to negative effects from human activities, including from cryptocurrencies? Yes, there are changes in nature, but why does everyone think that this is from the influence of humans and cryptocurrencies? Or maybe there is simply a change in the position of the earth in relation to the sun and from this the climate changes? Of course, making harmful emissions, deforestation and other factors is not a very good thing, but where is the evidence that all this is affecting climate change? And there is no evidence and there will not be, since it is simply beneficial for many countries to pursue such a policy in order to perform various manipulations. Yes, cryptocurrency mining consumes electricity, but how exactly this negatively affects nature, I do not understand. I believe that cryptocurrency is not harmful to the environment, and such statements are deception and manipulation of people's minds.
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It is very strange to hear such information against the background of falling prices for cryptocurrencies. Probably, if this article is true, cryptocurrency prices are not caused by what is happening in China, but by Europe's minor desire to enter the crypto market and buy a number of top cryptocurrencies at a low price. And perhaps even the price will continue to fall just so that after the entry into force of this law, European companies can buy cryptocurrency. Of course, this is only a theory, but it has a grain of truth. |
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From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
I think you are right. If there are people who bought BTC at the beginning of its journey and are holding it now, then they probably have already made an incredibly large profit. I do not think that such a profit can be obtained by trading BTC, because when you trade you can both lose and earn, while you constantly need to monitor the market and information, and this is really very difficult. So I also think it's better to hold onto your cryptocurrency than to trade it. |
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It's just as simple as the both goes hand in hand both for technical and fundamental analyst. Trading is one career that requires steady update on how the news could affect the direction of a trade or possibly how an indicator or a candle stick can direct a trader on where the market is heading. If there is no time for a consistent update on your previous knowledge as a trader I guess at some point some level of gambling sets in.
A successful trader isn't a trader who makes consistent profit without any loss but rather a trader who knows why his trade went the opposite direction and also a trader who understand risk management. Most traders makes massive profit in a single trade and blows everything down in the next trade as such there is no professional despite his initial achievements. To maintain clean records of both profit and loss margin reading as a trader is inevitable because despite the level of knowledge you might have acquired there must always be a newer technique you learn each time you seek to update your previous views about how the market behaves.
Only gamblers stay a full month without refreshing their memories on what the already know because in as much as trading is concerned there are multiple ways of predicting market flows and it only takes consistent research to get a hand full of approach to maintain a good profit margin in trading.
Unfortunately, traders do not always get what they want from trading, and this is primarily due to the fact that some traders ignore information about changes in the markets. But this is not the biggest problem, for successful trading you need to do more than just study the news and follow the charts, which is very well shown in the movie "Billions". Although this is a film, I think its information was taken just from the mother-in-law situation in the markets. In simple words, the market is also very often not fair games and you can easily become a victim if you are not aware of them. In general, it all comes down to a game and very often this game goes without rules. |
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Cryptocurrency is a new trend in the modern financial economy, and it is an Internet-based medium of exchange that can be traded using cryptographic functions.
The decentralization and transparency of cryptocurrency makes it free from government supervision and control, and it is the owner who controls own wealth. The benefits of cryptocurrency make many new users to invest in it, and it has been accepted and recognized by more people. Some countries have banned bitcoin from the beginning to now accept and use it, and some countries use bitcoin as legal tender.
With the passage of time and the increase in value, will cryptocurrency be used in the world instead of fiat currency?
Of course, in the future, paper money will disappear and others will come to replace them, but which ones at the moment are still very difficult to say. However, there is already a lot of information that many large countries are working on the creation and launch of their national cryptocurrencies. Probably in the future, each country will have its own national cryptocurrency, BTC and other cryptocurrencies will be as auxiliary or, for example, as an asset to preserve and increase their capital. |
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Dogecoin is dropping. Will dogecoin drop to $0.2 again?
As you can see this happened and Dogecoin dropped to $ 0.20 per coin. It must be admitted that the rapid rise in the price of Dogecoin was a surprise to many and those who knew how to predict it could make very good money. Now the main question is what will happen to the price of Dogecoin next. Perhaps it will continue to grow again and get a new ATH, or it may continue to decline. |
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If this is true, then this is probably a great time to buy these altcoins, especially since the prices of these altcoins have dropped significantly. I bought LTC for a long time in the hope that it will show its new ATH, but this did not happen. So now I continue to believe in the new growth of LTC and will probably continue to hold it in order to achieve my goal.
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I don't consider myself a cryptocurrency expert, but I also noticed that there is some manipulation of cryptocurrency prices going on. In my opinion, this can happen for several reasons, for example, in order to raise the price of BTC even higher. We know that the price of cryptocurrencies cannot constantly grow, and in order to promote growth, you need to periodically lower the price, for example, for BTC, and thereby, as it were, showing that the price is lower than it was before, but this will soon change and the price will go even higher. This scheme is already working and successful, and I believe that it was thanks to it that BTC was able to reach the price of $ 60,000 and this is not the limit.
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According to a July 4 report by The Phnom Penh Post, Vietnam's Prime Minister Pham Minh Chinh has called on the country's central bank to pilot a blockchain-based cryptocurrency over the next two years. Set up. The initiative is part of the Prime Minister's e-government development strategy. Chineh, the 62-year-old leader of the country's main communist party, called digital money "an inevitable trend." Apart from crypto, Vietnam will also focus on implementing such advanced technologies as big data, artificial intelligence, and augmented reality. In May, the Vietnam Ministry of Finance set up a research team tasked with reviewing cryptocurrency regulations. Earlier in 2017, Vietnam imposed a ban on Bitcoin payments. Source: https://u.today/vietnam-becomes-latest-country-to-turn-to-cryptoThis is actually very strange news. If we take into account the fact that Vietnam previously blocked the use of Bitcoin, and now it has suddenly changed its mind, then one important question arises, why is it suddenly so? I can assume that this decision is possible for the time being temporary and it is not yet a fact that everything will be exactly like this. The question also arises as to how much this news is real, and not just invented by someone. But no matter how it was, if Vietnam really shows the whole world that it is introducing a digital currency system into its banking system, then this will certainly be good news, but in the meantime it may just turn out to be informational manipulation. |
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Surprisingly, if you really find out who Satoshi is, then this could clarify a number of important questions, but as I noticed, for some reason this question is not particularly asked, why? I believe that the use of English in writing your messages says a lot, for example, that Satoshi is a person or a group of people from the United States or England, and if so, then this tells us a lot. But unfortunately all these are just our guesses and at the moment we cannot know 100% how everything really is. But I still hope that in the near future there will be more information about who Satoshi is, where he is from and why the blockchain and cryptocurrencies were developed.
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I've seen many smart contract platforms rise all the way from the ground because of the "De-Fi"/NFTs hype. Coins like Cardano, Binance Coin, and even Polkadot became extremely popular at a very fast pace. But that's another story with TRON since the coin struggles to get past $0.20. This is odd, considering that transactions on the TRX blockchain are blazing-fast (almost instantaneous) and dirt-cheap (sometimes even free). A smart contract platform like TRON should've been worth more than $1 by now. I'm surprised to see this happening with TRX right now, considering that Justin Sun constantly "shills" his project across Twitter. What are your thoughts? Do you think TRX will go all the way to $1 someday? If not, why? How much do you think TRX will be worth by the end of the year? Your input will be greatly appreciated. Thank you very much.  For me, it is also very strange why TRX could not show an increase in its price in comparison with other top cryptocurrencies. You are right that Tron has fast and cheap commissions and it probably should have increased the demand for it, which means that it should have a positive effect on its price. Perhaps this will happen by the end of 2021, or perhaps the TRX price will not change. All of this is difficult to predict, since we cannot know the real plans for the development of Tron. But one thing I know for sure, you need to be on the alert and, if possible, buy TRX. |
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I am plaaning to invest on alts 2024. For the moment i keep my usdt. I am thinking that these coins still at higher prices , they will sure more 80-90% down.
How about your views?
I also believe there is a big drop in cryptocurrency prices ahead of us. This is due to the fact that in this 2021 another cycle in the crypto market ends and, as before, with the beginning of a new cycle that lasts four years, the prices of cryptocurrencies are going down rapidly, which means that by 2024 many altcoins will significantly lose their price, which makes them very attractive for investment. |
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