To simplify it for the newbies, let me just give them a simple explanation of what to avoid...
When any investment tells you to send them funds and they promised to double the funds in a small amount of time and send back your funds to you with the profit, then you should Definitely stay away from that investment.
That is what we call an HYIP or Ponzi scheme and it never ends well, Pyramid schemes ain't much better too, these are schemes that robs Peter to pay Paul and some of them are just blatant scams that doesn't pay even the first set of people, you don't wanna start 2019 with a loss.
I agree with you this is a very good suggestion. a novice investor is very easily attracted to large returns in quick time. they don't have enough experience so these beginners are always the target of fraud ponzi schemes. therefore we must always do the research seriously before investing and do not be easily tempted by large returns quickly. |
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in my opinion it takes a very long time for bitcoin to reach mass adoption. because now most people are comfortable using fiat money for everyday transactions. then also there are still many people who do not understand about bitcoin and also the value of bitcoin that has high fluctuations is not suitable for use as a means of payment. but I am optimistic that as more people know about bitcoin, bitcoin can be adopted in bulk. so we must always promote bitcoin to others so that the number of bitcoin users is increasing.
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bitcoin will be reduced by half in May this year if we look at the history of bitcoin in 2016. then bitcoin will continue to increase before bitcoin is reduced by half. if this history repeats itself, then bitcoin will continue to rise until May. and now bitcoin has left the $ 7k level. I'm optimistic that bitcoin will increase again. maybe at the end of January this bitcoin value can reach $ 9k.
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What is clear is that because of the conflict between Iran vs. America, this has caused world oil prices and gold to rise. and in my opinion if this conflict continues it will have an impact on the world economy and also on the price of bitcoin. because I also heard that Iran would use cryptocurrency as an alternative to reducing dollar dominance. but I never expected that this conflict would continue because war would always bring destruction and sadness. Hopefully this conflict ends soon.
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yes when the price of crypto goes down it is an opportunity to buy and increase the amount of crypto. and at the moment I think the market is starting to get better. in recent days bitcoin has continued to increase and this has also had an impact on altcoin. most of the altcoins also experienced an increase. I think altcoin price movements always follow bitcoin. hopefully this year bitcoin can be bullish and make altcoin pumping.
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I also hope that in 2020 or 2021 bitcoin can reach a new ATH so that this will be strong evidence that bitcoin is still reliable and a profitable investment tool. and we can smile and laugh in front of people who have mocked us before. but actually in my opinion even though bitcoin did not reach the new ATH this year. we have already benefited from bitcoin investments. let people make fun of us as long as it is important that we can succeed and achieve financial freedom.
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yes it is very possible that in 2020 altcoin also experienced an increase after bitcoin was reduced by half in May. at the beginning of this year bitcoin has increased its price has exceeded $ 8k when bitcoin went up so most altcoins also went up like litecoin, EOS, ethereum and binance also increased. so if this year bitcoin can pump high then I'm sure the price of altcoin will also increase.
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yes it's very possible bitcoin will reach $ 8k this week because the current price of bicoin has reached $ 7800 just less than $ 200. if bitcoin continues to increase then I'm sure by the end of January bitcoin will reach $ 9k.
but we know it is very difficult to predict the price of bitcoin because bitcoin can go up and down suddenly. we can only hope that bitcoin can pump again.
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I think in the future bitcoin will experience an upward trend now the price of bitcoin has gone up to $ 7800 a little more will reach $ 8k ... if in the next few days bitcoin continues to increase I am optimistic bitcoin will reach $ 10k at the end of January. and I think this is a good sign that this year bitcoin can pump up high and give us a big profit.
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currently the price of a $ 15 binance coin I think is very possible for binance to reach a price of $ 23. $ 23 is not a high value. I'm sure that when bitcoin is pumping and the crypto market is in good condition then this binance coin will also increase. and before this coin was worth $ 40 so reaching a price of $ 23 is not difficult.
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1. I think coins made by the government are certainly stable and centralized coins and definitely make fiat currencies the benchmark.
2. Central bank coins are stable coins so that they will not threaten or reduce the dominance of bitcoin and altcoin in the cryptocurrency market.
3. Yes maybe someone will use this stable coin as a substitute for fiat money.
4. Certainly the government will definitely make rules so that its cryptocurrency can run well and be controlled by the government.
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yes bitcoin is the most profitable investment tool compared to other commodities. in 2019 yesterday bitcoin has increased more than 100% if we buy bitcoin at the beginning of the year when the price of bitcoin is $ 3,500 then if we hold it until July then we already have a large profit because at that time the price of bitcoin rose to $ 14,000. but for people who buy bitcoin in 2018 when the price is high. of course 2019 was a bad year for him. that's why many investors have complained in 2019 because cryptocurrrency is experiencing a downward trend.
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I think positively that bicoin will experience an upward trend because this year bitcoin will decrease by half and if we look at the bitcoin charts in the past bitcoin has always experienced an increase after bitcoin has been reduced by half. and we've been in the bear market for two years so I think 2020 is the year for the bull market. I predict the price of bitcoin at the end of this year will reach $ 15k.
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if the US dollar becomes weaker then what might be used as the global and main currency is the Chinese yuan. why chinese yuan? we know the second strongest country after America is China. China has a hefty economy and also has the most population in the world. so in my opinion if the US dollar collapses it will be replaced by the Chinese yuan. and I think safe assets are assets that have a low risk of loss.
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all cryptocurrency holders are hoping that bitcoin is big in 2020 because this year bitcoin will be reduced by half and all hope that after bitcoin is reduced by half bitcoin can pump as high as in the previous year. because for the past two years we've been at the bear market. so everyone hopes that 2020 will bring changes to both bitcoin and altcoin. but we also have to be ready when bitcoin doesn't move according to our expectations. pumping or dumping bitcoin this year will be a bitcoin history.
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investment diversification really needs to be done so that we can get more profits. in investing in cryptocurrency the main coin we have to have is the next bitcoin if we have more money buying some of the top altcoins is the right choice. because sometimes when bitcoin goes up, altcoin goes up more than bitcoin. so it doesn't hurt if we have several types of coins. the important thing is that we choose coins that have the potential to develop in the future. and I chose the top 10 CMC coins.
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the number of bitcoin users is indeed not much because there are still many people who do not understand about bitcoin. and also not everyone has money to use bitcoin investments. and some people are also afraid to invest bicoin because bitcoin has a high risk they prefer to invest in stocks or mutual funds that have a lower risk. and also the use of bitcoin for payment tools is still limited. so naturally if there are still many people who do not yet have bitcoin.
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in my opinion if third countries or poor countries do not sell their natural resources out of the country it will make the economy of third countries will get worse. and in my opinion what causes third countries to experience inflation is too much debt, the weakness of the national currency against the US dollar and too many imports and also many cases of corruption worsen the country's economy. in my opinion to prevent inflation a country must increase exports from imports and also reduce its debt.
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I've toppled with a few online course sites like Coursera and Udemy which offer certificates of completion for the field of Blockchain. I'm aware of a mainstream University called the "University of Nicosia" which is offering a Master's Degree in Blockchain technology. But so far, prominent Universities within the mainstream world haven't offered Blockchain degrees yet. I'm sure that many Universities will start offering this since Blockchain technology is the future of finance. It's no secret that many businesses and companies are seeking talent in Blockchain tech. Having a degree in Blockchain, would allow you to gain recognition within the mainstream world. Which is why, I'm on the hunt for Universities which are offering Blockchain degrees these days. I'd prefer to take courses online than physically for many obvious reasons. A comprehensive list of Universities offering Blockchain degrees would be helpful. Thanks in advance  yes i agree with you op with the increasing number of industries, companies, banks and governments that adopt the blockchain. then we need human resources who can create and operate blockchain technology. and very good if in the future there will be universities that can provide course material about blockchain. As far as I know, there are already 3 universities that have studied and developed the blockchain, namely MIT, Stanford University and London College University. |
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bitcoin will be reduced by half in may but in my opinion it will not make the value of bitcoin immediately increase to $ 20k. because ordinary bitcoin will need time to be able to reach the bull run. bitcoin usually takes a year to get a bull run which means maybe bitcoin will be a bull run in 2021. and for this year the highest price of bitcoin in my prediction is $ 15k.
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