The life of a trader is full of adrenaline, but - if you are not self disciplined - can be exausting and put at risk your health. So, it's ok to make lot of money, but don't forget that computers don't need to sleep, you do!
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Sure it will get satured, sometimes in the future, but for the moment there is still a lot of space: cryptocurrencies have still a lot of unresolved problems, and each new ICO try to solve at least a part of them.
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Yes, and there are still a lot of opportunities that we can exploit. If you talk with "normal" people, you'll understand that here on the forum we are a microelite of pioneers.
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The concept of money evolved along the whole history of humanity, and now its ready for a new step. But I don't think that - talking about the effect on normal people - there will be any sensible difference.
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Well, you need to offer some kind of value... if you don't have money to buy bitcoin, you can offer some kind of work, you can participate to a promo campaign, you can strat to trade with little sums... not too difficult!
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It's true that someone takes bitcoin with a cultish approach, but it's clear that - if you put money in a business - you need to believe in it. So, if we are here we believe in the future of bitcoin and - for outsiders - this can make as appear as "extremly biased". So, what? :-)
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There are two kind on cashless society: one with a decentralized cryptocoin, than means freedom. The other with a centralized elecronic fiat money, that will be a pure dictatorship wiht absolute control. WE need to understand the difference.
I agree, there is a big misunderstanding about "cashless". And I'm afraid that governments will profit of this confusion just to invent some kind of "Government coin", (as in Venezuela) just to say "here is your cryptocurrency".
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It's possible, due to present bitcoin's difficulties, but I don't think it will replaced so fast: the public just now start to accept the idea of cryptocurrency, and bitcoin is the only know, for the moment.
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Someone said that a bubble is just a boom defined as bubble by people who didn't invest in it. Actually, all what we see if a fantastic growth, and we can profit of it. Then, we'll see what to do.
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All the time there are "prophets" that predict disasters and crisis. Of course, there are a lot of problem in this overpopulated world, and sure we need to correct our system, so may be this time they are right.
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I'm afraid that legalization will mean the creation of a "government coin", full centralized, and trying to convince the population that it's a "legal" bitcoin. Btw, I'm very curious to see how they'll try to control the blockchain.
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Never in life is "too late"; may be you lose an opportunity, but there are a lot of others. The secret is to not remain blocked in useless regret, and look at any situation with fresh sight.
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Bubble is a bad words: anything has a limited duration, so you have only to understand when death is arriving. Btw, it seems to me that at present moment bitcoin is very healty, so I don't see reason to be worried.
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Crypto is a new domain and there is a lot to learn. Moreover, it seems that usual economic methods don't apply, as things are moving too fast. I'd be very glad if I'd understand how not be scammed...
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The only way to make this profitable is using a cell phone that you don't use to call, and charge it with solar power. But even in this way, I doubt it will be a good idea.
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Well, I suspect that a lot of people that start ICO think in this way and don't have any kind of real project. It's normal, crytpo is far west now. The only protection is to anlyse with care any proposal before to put money in.
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Of course it's a roller coaster, and if you know how to ride, this will bring you a lot of gains. The extreme volatility in these days allows a profit even with little capital, if you have day trading proficiency.
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By definition, a coin created by government can't be decentralized, so I don't see any difference with usual fiat money. It seems to me a nice try to change the perception about local money.
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There is all the time a call for "panic"! Actually, bitcoin has just a normal correction after the fantastic growth of the last months. Eventually, it's a good moment to buy, waiting for the next rise.
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Well, don't do anything when you are in panic, as it's very unlikely that you take good decisions! When something seems wrong, calm down, examine the facts and think rationally
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