Latest posts of: gamechangers

This is definitely one of the best topics I have seen recently. People will forever continue to wish they invested into bitcoin as far back as 2009, forgetting that their time cannot pass them by if they act fast by investing around the moment they got to know of it. Your time is now, so act fast.

It is a good thing to let your family members have a way of accessing your cryptocurrency wallet after you are no more. This is because it may remain unclaimed forever. This however must be carefully done because it can also lead to a huge loss if not done properly as some family members can take advantage of this.

Calling bitcoin and other cryptocurrencies illegal is a selfish declaration on the part of the government saying this. Government has always wanted to control how you spend your money and encourage banks to charge you heavy fee and in turn make income and much more from this arrangement.

While there are already a few number of merchants accepting bitcoin nowadays, it will still be good if much more can join in so that there can be an array of shopping options for as many as wish to use cryptocurrency and bitcoin in particular. What I use bitcoin for mainly is trading and investment.

Plenty of the newbies will encounter this kind of situation expecially from year 2017 December to 2018 January when bitcoin reached an all time high price. The motivation for so many of these people was to make quick money but the pattern changed. If you are new in any space, the ideal thing is to study the system well enough.

Whoever has the ability to say exactly what the price position of bitcoin or any other cryptocurrencies will be at any certain time has the power to make all the money on this earth. Fortunately or unfortunately, you can not find such a person. We are all doing our cryptocurrency business based on speculations from history and technical analysis.

From a white paper, you will see what the project is all about, the project team, how they intend to achieve the task ahead, how long it will take them to achieve it, the soft and hard cap for the project, the target market and expected profit. You must pay attention to all of these and make sure they are consistent. Check if the project can succeed by going through their calculations, allocations and competitors.

Bitcoin remains the number one amongst all the available cryptocurrencies. No altcoin has the capacity to remove bitcoin from that position because it has enjoyed enormous support over the years and because of this alone, the value will continue to increase. Bitcoin's widespread adoption is another thing that will continously impact on its price.

You see, what drives the week hands is far different from what drives the strong hands. The week hand just hears of price rise and jump in without any knowledge but with the mind to make money overnight. Once this doesn't happen, they start selling massively even at loss. Strong hands take advantage of situation like this to buy more because they know quite well that the price will still go up, judging from their previous experience. In this case, they eventually make profit.

Making a choice between a full time job and cryptocurrency has to do with the person involved and it will vary across individuals. I know of a friend who left job as an administrative officer at a mining company in Australia for full time cryptocurrency and doing very fine today. Your willpower has a role to play.

In my country, banks make so much money. They take deposits from customers and offer very poor rate. They loan same deposits out at a far higher rate. They charge you for virtually everything you need from them. They charge you for fund transfer, safe custody, request for statement of account and confirmation.

The downtrend has taken so long a time and it can really be scary at times. People's investments are shrinking everyday. Nobody can specifically say how long this will last. I hear a lot of people giving various kinds of clue but they don't seem to be in line with the current price trend. The best is to hold on.