It is not surprising that Trump welcomes Nigeria for blocking Twitter, since Twitter at one time locked Trump's account, thereby limiting his right to express his opinion. In simple words, there was an encroachment on freedom of speech. Well, since Twitter allows itself this, then probably this is the right reaction of countries like Nigeria to block Twitter. In general, it is very bad that social networks, taking advantage of their advantage, are breaking the law. It also shows that there is a struggle in the world between digital platforms and the old system.
|
|
|
It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark. I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much. Unfortunately, no one can say 100% how low the price of BTC will drop at the moment. The latest news shows that there is a fight going on. But what we need to know for sure is that if you would like to invest in BTC, now is a good time to do so, especially since the price of BTC is now half of its past ATH. Personally, I do not sell my BTC as I believe that this is not the right strategy, since I believe that by the end of 2021 there should be another phase of growth in the price of BTC, and that is when it will be possible to fix your profit.
|
|
|
The coins remind me the Mexican cartels and the influencers remind me the police who get cash flow. They don't care about the people they care about their money and they will supress the law for it. Everyone is shill everyone promotes other coin for money even the people who seem legit and naive are shills. nobody is trusty. I lost my money because their advices.
I joined using crypto in mid-2017. Then I saw excellent opportunities for earning money and was pleasantly surprised that the creators of crypto and crypto projects were loyal to the community that would support them and invest in their cryptocurrencies. But after that, everything changed and began to deteriorate. Many processes related to crypto have become common manipulation, which has allowed a large number of people to lose their funds. Indeed, now the situation in the crypto market has changed and all this is associated with frequent deception and manipulation. This has a bad effect on the development of the crypto industry and something needs to be done about it.
|
|
|
People have often compared crypto to stocks since owning a coin, represents your "share" of the decentralized blockchain network. Exchanges act as brokers in a similar fashion to traditional stocks. While stocks are fiercely regulated, crypto is the "wild west". Cryptocurrencies are extremely volatile, while stocks are much more stable. Despite crypto/Blockchain tech's popularity, stocks are still preferred by mainstream investors and traders alike. Which asset types do you think are better: crypto or stocks? Is crypto getting closer to becoming regulated just like stocks? What do you think will happen if institutional investors come into play? Will stocks transition themselves to the Blockchain? Or is it still too early to tell? Your input will be greatly appreciated. Thank you. Somehow I was offered to start investing in stocks, but after I learned the whole process, it seemed to me more complicated than investing in cryptocurrencies. I believe that this is one of the important factors that influences the choice between investing in stocks or cryptocurrencies, in favor of cryptocurrencies. As for institutional investors, they are more likely to also choose investments in cryptocurrencies, since there will be all the clear advantages for better earnings. However, it should be noted that now there is a struggle between digital specialists and bankers, the outcome of which is still difficult to predict.
|
|
|
Crypto is not popular in my homeland. People in my homeland love to invest stocks and bonds. And real estate is the most popular investment. Only few people invest in crypto. My dad loves to invest in stocks but he seldom has a positive net income from the stock market. It’s the fact that crypto is a better tool to earn money, especially for the Altcoin. Then., I try to persuade my dad to invest in Eth and BNB. They’re worth to invest. Take myself as a good example, I spent the weekly pocket money on my first Eth two years ago and earn more than 10X of money. It seems that Eth is still going up in the future. It’s a good investment during this economic recession period. I tried my very best to persuade my dad to buy Altcoin like Eth and BNB but he thought that crypto was very risky and unreliable at all. Investing in crypto is the best way to earn money in this economic recession. It means that my family loses the chance to become rich since my dad does not invest in crypto. It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?
I believe that you do not need to convince anyone to invest in cryptocurrency, as there is another better way. I learned this method when I was working in the network business. And so this method is that you just need to invest in crypto yourself, wait for it to grow, make a profit and just share the result with people. This is the most effective way and very quickly motivates people to invest in cryptocurrencies.
|
|
|
Cryptocurrency in India: Today, some of the most popular cryptocurrencies are Bitcoin, Dogecoin, Ethereum, XRP, Tether, and Cardano.
Cryptocurrencies have proven over the past few years that they can bring excellent returns to their investors, however, you must consider the risks and be able to wait. Of course, investing in cryptocurrencies is worth it, but you need to do this when prices for cryptocurrencies have decreased, and then your chance to make money will be very high. It is also very important not to be greedy, and if you have already earned, then you need to fix the profit or at least return your invested funds. These are the standard investment rules and you need to know and follow them.
|
|
|
I believe that banks do not accept cryptocurrency as they are two different systems and they cannot exist with each other. At the same time, there is a struggle between banks and cryptocurrencies, and if suddenly banks start accepting cryptocurrencies, it means that the current financial system is gone and another system came instead. But now it is too early to say, since it is not yet clear who will win this battle, bankers or digital devices.
|
|
|
Well, here is the big problem of Bitcoin from my view, 90% of all Bitcoins are owned by just 1% of the wallets created, this mean that if people buy today they are just doing the rich richer, i know that here we have some of the Bitcoin holders since 2013 but that doesn't change the real problem, Bitcoin is a millonaries game right now, retail investors can't do a shit about that. https://bitinfocharts.com/top-100-richest-bitcoin-addresses.htmlI don't think that initially it was, on the contrary, at the very beginning of the emergence of cryptocurrencies, many people, both ordinary people and the rich, did not believe in them, but now everything has changed and cryptocurrencies have shown incredible growth. Of course, all this is primarily of interest to rich people, because you can make good money on cryptocurrencies. Based on this, the rich strive to dominate the cryptoindustry and, in principle, this is their right, like those who do not have money, they have the right to try to earn it. I myself have been making money on cryptocurrencies since 2017, although I am not rich, however, cryptocurrencies have also given people like me the opportunity to make a profit and improve my well-being.
|
|
|
Vitalik Bterin in a recent interview told CNN that he believes that the crypto market will gradually build an "immune system" against such social media meddling. "Elon is not going to have this influence forever," he said. Frazzled cryptocurrency investors can only hope that Buterin is right. Do you think or shared Buterin's views that the market will soon build an immune system and how it's going to happen, honestly we don't need people like Elon Musk who has an influence in the market. I believe that such a system is already being created, or rather, it exists and is developing. As for me, people like Elon Musk, having shown their attitude to cryptocurrencies, in particular to BTC, have earned distrust from the crypto community, and this is a kind of immunity and even a precedent for not trusting influential people such as Elon Musk anymore, so who uses their word to manipulate the market.
|
|
|
Hello everyone! So with the hype around crypto that Elon Musk is creating and with the news about possibility of acquisition of any Tesla car with crypto, comes my question: Would you buy a Tesla with BTC or ETH? Aren't we going to regret it? In future, will this turn to an event similar to "Bitcoin Pizza Day" where people will be sayin that someone spend a whole BTC or 10 ETH for a car ? I would trade my cryptocurrency for a Tesla car and here's why. For me, cryptocurrencies are an opportunity to earn a living. I have no goal of getting rich and becoming, for example, a millionaire. On the contrary, it is very important for me to get all the necessary things for everyday life in our time, and for this I would not mind exchanging my cryptocurrency for the same Tesla car and other necessary things for life.
|
|
|
Greeting BT Users,
As I am involved in the crypto world for the past 3-5 years and closely watching BTC when its price was around $400 - $700. When the BTC first pumped in 2017/2018 than it creates chaos in the whole world and more and more users are attracted because of the profit they see, but when the price suddenly down and BTC dumped to $5000 from $20k then a lot of new as well as experience users lost their money and also trust from Cryptocurrency.
Recently BTC again pumped and the price reached $60k and was predicted to touch the target of $100k but again the BTC price dumped around $35k - $38k. From all this pump and dumped I did not yet UNDERSTAND that why and how this happens and the difference is huge. BTC is considered the king of the crypto world and it causes the price Pump and Dumped of all the coins. Also Crypto market is untrustable as any person having a status/huge bank balance can easily manipulate the market as Elon Musk did.
Any expert can explain the reason behind those huge pump and dumped of BTC?
I believe that an important reason for this process is that the price of Bitcoin cannot constantly grow and in order to continue its growth, the price of BTC falls. Yes, yes, big players artificially omit it. Moreover, such a strategy allows large players to regulate the price of Bitcoin as well as earn good money. As for 2021 and the fall in the price of BTC that we are now seeing. Probably in 2021 there will be a double increase in the price of BTC and the first phase of growth has already passed. Next, we are waiting for the formation of a bottom, this fall is a small flat and again growth, which is expected at the end of 2021
|
|
|
Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.
I believe that the big deficit at the moment is money. Due to the fact that you have listed above, the money that is now in circulation and which some countries print so diligently is very much lacking. But also this problem cannot be solved by printing new money, which means that the financial system will face a global reboot. Against this background, deficits are created in other sectors, which significantly affects the development of economies in the world. If this problem is not resolved soon, then the deficit will only grow and there will be more problems in the world, which will lead to the collapse of the financial system and economies of the world.
|
|
|
Those who advocate hodling, when do you cash out?
I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?
Holding your cryptocurrencies is necessary in order to wait for the best price and sell them, fixing your profit. There are people who simply by holding the cryptocurrency believe that they increase their wealth in this way. Indeed, over the years, many cryptocurrencies have shown excellent growth in their prices and those who held the crypto were able to make excellent profits. For me personally, it makes no difference how long I will hold my crypto assets, since I always take profits when I need money for my living.
|
|
|
|