Buffett said, never depend on single income,make investment to create a second source.
Investment is very important, and now more and more young people like to invest in cryptocurrency. Why are they so optimistic about the crypto market and how do they analyze and profit from it?
I believe that the answer to your question is obvious. The fact is that a lot of time has passed since the advent of cryptocurrencies, and all this time the price of the same BTC has been constantly growing and is already at a fairly high level. At the same time, everyone who bought BTC earlier now has a huge profit. Proceeding from this, many now seeing this understand that investments in crypto, and even more so in BTC, are very profitable and can bring excellent profits in the future. Therefore, many will continue to invest in cryptocurrencies, at least in order to preserve their funds and multiply them well. |
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To trust someone or something, you need to get at least benefit from it. Now I will try to explain my position. It so happened that before and now everything related to finance, everything happens with the participation of banks. Good or bad, everyone decides for himself, but personally for me it is very important to have access to the purchase of goods and payment for services, and at the moment all this is happening thanks to the banks. Personally, I used to take out a bank loan in my time and now I have a Baku card, which I use every day. I cannot say that the households somehow harmed me or used my personal data, but of course it is very important for me to have personal control over my money and have access to the purchase of goods and services. As for BTC, at the moment it is more suitable as a means of accumulation, but as for using BTC as payment for goods and services, unfortunately at the moment it is not suitable for this. First of all, this is a problem with the speed of transactions, as well as high commissions for transfers. But I do not want to choose between banks and BTC, I decided that it is better for me to use both directions and get the maximum benefit for myself.
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Binance coin or known as BNB coin will begin their 16th token burn on this month (around mid-July 2021), last year, they have running BNB burn for 12th on July 17, 2020. Will you buy BNB now or just wait and see because market still looking not too good?
If the amount of $ burn similar with previous burn, it's mean they will burn around 2 million BNB coin worth of $600million
Personally, I would not be in a hurry to buy BNB right now, but it is better to see what will happen after the coins are squeezed. Now the crypto market is too unpredictable and it is very difficult to make the right decision. But there is news that large players are actively buying cryptocurrency right now, which means they know something. If we assume that the crypto market is playing out one of the past scenarios, then it is likely that by the end of this year we may see another phase of growth in cryptocurrencies, but before it there is a high probability that the market is going down again. Of course, this may not be the case for this, it is best to closely monitor the current situation, so that, if necessary, you could enter the market or exit it in time. |
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Hello guys, what is the next eth in your point of view?? I can see next eth is Polkadot.
I don’t know why you think Polkadot could be the next ETH. As for me, ETH is one of a kind and hardly anyone in the foreseeable future can become its real competitor. This is due to the fact that ETH already has a huge developed ecosystem on which a huge number of processes are tied. it's hard to imagine that just like that, suddenly another cryptocurrency will become the next ETH. I personally don't know what should happen, well, except that ETH will completely leave the cryptocurrency market, but I'm sure this will definitely not happen. |
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Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.
Of course, investing in cryptocurrencies is profitable, but you need to choose the right time for this, choose good cryptocurrencies and have a clear strategy. If you invest simply without these at least three factors, then there is a high probability of losing your funds. If we talk about investing in cryptocurrencies right now, I think now is a good time for this, since there is a high probability that by the end of 2021 there will be another growth phase. All that remains is to choose the right cryptocurrencies for investment and have your own strategy for holding down and then selling purchased cryptocurrencies. |
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Hey everyone,
I recently stumbled across a great way to earn a few extra satoshi with small tasks called Microlancer. I got an account here a few days ago and things have been going smoothly. The platform is based off of the lightning network, with people posting tasks for people to quickly complete and earn a bit of money. Don't expect anything too amazing, since a lot of tasks go for six or seven cents, but with how quickly they can be completed it's a good way to earn a bit of extra cash. This doesn't mean that it's all amazing though. It seems that posts of tasks are less frequent then one may expect, which can make it hard to find new work after most desirable tasks have already been completed. It's also not very easy to filter through tasks, although with there only being six pages at the moment it's not all that much of a hassle. With all of this said, I still recommend you give it a try. If not for making a few cents, then post a task and alleviate yourself of some form or another of menial task.
Anyways, hope everyone is having a good day.
In general, it is really very good when such platforms appear, because they help people to have a small profit. But as you correctly noted, there are also problems, all this is due to the fact that there are more people who want to earn money than those who order tasks to complete. I believe that solving this imbalance would make the microlancer direction more attractive and could positively influence the development of the entire industry. I believe that the use of blockchain and crypto in this direction should help solve this problem, at least I hope so. |
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Seems like China is done with Bitcoin. Hash rate has dropped by over 60% in the last few weeks, which confirms that miners are exiting China for good.
How does a Bitcoin exit benefit China in the long term? What do you guys think is China's game plan?
A lot of chatter about this being "China's trillion dollar mistake". I don't think China's dumb, so keen to hear what they might have up their sleeves.
You are right, this event is a game, but we will not know about the real plans of this game yet, since it is not beneficial to the organizers of this game. There is a version that this is the beginning of the fight against digital cameras and China was chosen for the first strike on them. On the other hand, this event was associated precisely with the fall in the price of BTC in order for the management of mining to pass from one hand to another. In any case, this is an important event that will surely lead to certain consequences, but exactly what I think we will soon find out. |
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The much-awaited EIP-1559 upgrade will make ETH scarcer than ever. Demand seems to be on the rise lately, although prices have stalled quite a bit because of the bearish market. Projects like Uniswap, Compound, Aave, and even MakerDAO should make ETH more valuable over time. At a price of $2,085 (since the time of this writing), I'd say that ETH is quite a bargain these days. I'm starting to wonder how much ETH will be worth in the future. After all, it's the best cryptocurrency in the world (besides Bitcoin). If BTC reached astronomical gains within such a short amount of time, then ETH can easily reach "Mars". What do you think? Will $10K per ETH be feasible in the long term? If not, why? What is your price prediction for the next 5 years? Your input will be greatly appreciated. Thank you very much.  I started using cryptocurrencies in 2017 and the first cryptocurrency I bought was ETH. All these years I have been and still remain a fan of ETH, and I also hold a certain amount of coins up to now. I believe that ETH has a great potential, primarily due to the fact that it has practical applications, as well as the development of the ecosystem. As for the updates, they really can make ETH better, which means its price can easily reach $ 10,000 for 1 coin. When this will happen, I cannot say for sure, but I hope that by the end of 2021 the price of ETH will pleasantly surprise us. |
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Binance has become a very large platform and a very impressive amount of money passes on it every day and does anyone else believe that all this can happen anonymously and without regulatory intervention? Everyone is just talking about the adoption of crypto in the world, so it turns out that in order to achieve this goal, you need to make concessions from regulators, otherwise for many exchanges, including Binance, activities in a particular country will be limited. The world is ruled by money and no one wants to miss the opportunity to regulate large financial markets, or even manage them in their own interests.
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BTC:
Breaking down to refresh the previous low point, the bottom of the daily level is a rebound signal of Hammer Yang K + Lianyang standard. In the short term, the rebound is expected to continue at the position near 36100, which is the position of the daily mid-track. So today, we will rebound first, and we are expected to enter. Field position 34800 this position.
I believe that BTC is waiting for a flat at the moment. That is, now there is probably a set of positions and when BTC is sufficiently redeemed from the market, then we can expect the BTC price to hike above the current levels. More and more analysts agree that there will be a second phase of BTC growth, and this is likely to happen at the end of 2021. But at the moment, we can still expect a large fluctuation in the price of BTC, which, in principle, also makes it possible to earn money by trading on exchanges. |
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I see no stopping it. That’s the 200 MA on the daily.
Thoughts? Predictions?
For me personally, it is now very difficult to make predictions as the situation in the crypto market is constantly changing. However, I still adhere to the plan that by the end of 2021 the crypto market may be in a flat with small price changes, but at the end of 2021 we may see another stage of growth. This is just my vision and hope, but how it really will be we will soon see. |
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The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.
What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
Do you think an altcoin created by Elon musk will do well in the market?
I believe that the release of Elon Musk's own cryptocurrency at a certain point in time would have led to a large increase in its price, but after that it would have lost some of its liquidity and, as a result, it would have become a common cryptocurrency of which there are now a lot. All this is due to the fact that Elon Musk himself has the goal of simply making money, which means that even if he does launch his own cryptocurrency, it is only in order to earn some more money. On the other hand, he does not need this, since he can easily manipulate the price of almost any of the cryptocurrencies. |
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Fact: There is no anything like money laundering but governments want to buy BTC
The fact is that that there is no anything like money laundering but governments want to buy BTC, just assume that when you buy bitcoin then you use your credit card or bank account, your money already has transferred at that time to a foreign bank account and you have bitcoin in exchange with that, similarly if you are a miner who mines bitcoin then you sell bitcoin either in your country or either to someone who lives outside, then in exchange he transfers money using a bank account to your account so how it could be possible that money laundering might exist? Governments want to keep the price of Bitcoin down in order to buy more Bitcoin by spending the less amount of so called "Fiat" currency.
The process of money laundering is when financial transactions are carried out without the use of official government instruments. However, if you buy BTC or sell BTC using a bank card, then there is probably nothing like money laundering, unless you do it all without using the same bank cards. As for the governments, although whether they buy BTC or not, we cannot know 100%, since none of them officially announced this. But the fact that the price of BTC has gone down suggests that someone is buying BTC and that these are probably large funds. |
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