|
#SWANProofOfParticipation
Bitcointalk Username: Tahsin Kabir Kollol
Campaigns Joined: Twitter, Facebook, and LinkedIn
|
|
|
|
|
The coronavirus epidemic has been with us for a long time and the people of the world are now trying to get out of some panic and lead a normal life. The coronavirus epidemic in the early stages of the world was unable to carry out its normal activities and people panicked, causing massive economic losses and catastrophic situations. But over time people have accepted the situation and are trying to return to normal life. The governments of different countries have again locked down thinking of their people but the people are not willing to accept it and have started complaining again about the economy and various issues. However, in countries where restrictions are relaxed, people have become more economically active as a result of their daily activities and trade, which has led to a reduction in their complaints about the epidemic.
|
|
|
|
|
Trading at Ethereum can be detrimental if you don't do a very complex and accurate analysis at the moment. If after the market analysis it is seen that the price of Etherium will go up in the current trend, then it will be profitable for the day trading. However, caution must be exercised as the price of ethereum has risen sharply and there may be a sudden downward trend that could lead to large losses. So the day trading can be done by keeping the market under observation.
|
|
|
|
|
The market price of Bitcoin is relatively volatile and it can go anywhere. However, it is not reasonable to set such a future price without extensive analysis. The price of bitcoin may reach new heights at the present time and its value may fall again. However, it is not certain how far its price will go in the current upward trend of the market. It is hoped, however, that it will be able to surpass its previous high and create new highs.
|
|
|
|
|
Cryptocurrency is a decentralized transaction system so the government cannot control it if it wants to. However, the confidence of the general public in it and the government's decision on its promotion and dissemination will be taken into consideration. As a cryptocurrency user, it is a really scary thing if the president of our country declares it illegal and takes action against it. On the other hand, it is likely to reduce the value of cryptocurrency due to public reluctance to use it and discourage investment. So I always hope that the President in our country will not take such a decision and will take advice and steps to give the people the right knowledge to use it.
|
|
|
|
|
There are several factors that are affecting me in investing in Bitcoin in the current market. First, some specific futures market analysis and prediction related to Bitcoin that encourages investing in Bitcoin in the current market. Moreover, the fact that Bitcoin has reached an earlier high price gives its investors hope that if its value decreases as a result of investing in Bitcoin, it will return to its current value after a certain period of time. Moreover, the rise of Bitcoin during this coronavirus epidemic makes everyone optimistic about Bitcoin. All of these things make me think about investing in Bitcoin in the current market.
|
|
|
|
|
There are certain favorable conditions for each investment that can be used to maximize investment success. The decision to hold the assets or shares in the hope of future profits is positive but the potentiality of the asset must be considered. On the same, holding Bitcoin is a good decision, but its future market analysis must be considered. When the market price reaches a peak, it may be a better decision to sell Bitcoin and wait for a repurchase. However, in this case, the subject of market analysis has to be done properly, but more will be possible to achieve.
|
|
|
|
|
Amazon has gained worldwide recognition as a multinational online-based e-commerce business. It does not seem that such an organization would easily associate a new medium of exchange like Bitcoin with their transactions. On the other hand, Bitcoin is not suitable for use as a medium of transaction due to its price volatility. Its stability is very important in completing daily life transactions through Bitcoin. So in my opinion, due to the high volatility of Bitcoin, Amazon will not be of much interest to the use of bitcoin, but if Amazon uses Bitcoin as their medium of transaction, the global demand for Bitcoin will increase exponentially and its value will increase manifold.
|
|
|
|
|
This is an important step for the treaty countries and it will increase trade and commerce between the treaty countries and enable faster delivery of goods and services to the people of the country. As duty-free trade increases imports and exports between countries, it will be possible to resolve trade wars in foreign trade. As a result, people living in these countries will be able to import and export their essential goods at a relatively low price and easily. On the other hand, China has achieved diplomatic success as a result of increasing trade relations with 14 other countries.
|
|
|
|
|
An important aspect of trading is to make the right decisions at the right time which is not possible in most cases. When the value of a bitcoin starts to fall, most people are not able to analyze exactly how much it will fall. On the other hand, the sudden huge drop in the price of bitcoins has had a negative effect, and most people have lost interest in buying bitcoin at this time due to panic. But when people see Bitcoin hitting a predetermined future price, they come in and get excited to buy it. But in my opinion, it is better to buy at a lower price and sell at a higher price through market analysis, rather than panic or buy out of enthusiasm.
|
|
|
|
|
We all know that when the price of Bitcoin goes up, the other altcoins do not go up at that rate. On the other hand, due to the increase in the price of bitcoin, in many cases, the value of altcoins decreases as satoshi due to a non-increase in the value of altcoins, resulting in losses on both sides. So in most cases, it is not profitable to trade with altcoins when the price of bitcoin rises. So it is true that Bitcoin price hike should not be trading in AltCoins these days and you will only lose.
|
|
|
|
|
Show Posts
