I don't think we need too much knowledge about it, we should have common sense and presence of mind to become a successful businessman
Before we start a business you need experience and have knowledge. We need to conduct some research and once you’ve started your business, the daily reality of running it can be overwhelming. You don’t always know what to expect. We need to consider the important things first make sure you have money, focus on people and their needs. Your biggest priority will be recruiting and retaining high-quality talent to your team. I love your answer and I think your answer is very accurate. Our priority to start a business is to be able to recruit and retain high-quality talents for our business team. Because if you already have it, it is definitely our business will run as expected and we will succeed in the future. I think if we wait to experience first before starting business, surely there will be many people who do not dare to start business because they have not had any experience in that field? I think the most important thing is that you understand the target market of your business, understand and have knowledge for the business you are going to run, that's what matters! yeah a credible team will give you a successful business
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The market demand I thjnk has the biggest influence on the market value of bitcoin. Whenever the market demand is increasjng same thing happens with the market price of Bitcoin and I do think of the same thing whenever the market demand is falling. The demand on the other hand is affected by issues such as countries who are banning cryptoexchanges.
of course the main factor that makes the price up and down is demand and supply but what matters here is what makes the demand rise or fall? you're right that things like rumors, speculation, news, issue, etc will change the user's psyche, for example if the good news about bitcoin, certainly the feeling of the user will be happy and more trust on bitcoin, so it will push up demand in the market
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no one knows exactly where the scam and what is not, except maybe he has the 6th sense may be hehe, the point back to dirikita each, we do something we really understand and we know. my advice is more careful, because it all depends what we do as well. yes so lah I never experienced it because I myself was not careful.
I've been scammed and it was horrible for me because you know that feeling when you put all your effort the time and all in one thing and then you'll know that it was all for nothing. That feeling made me stressed back then but then lifes goes on no matter what happened I believe that there will be much more if i will continue believing in bitcoin A scam is a risk on the investment online, if you trust your assets to a save or shipped somewhere third party, whether it's investing, transactions, or just saving assets then the risk of a scam will be there, I have experienced scam several times. I've been ripped off when buying bitcoin on a third party. and then investment place I used go out and became a scam. it's all a risk mate, you have to understand how to reduce that risk
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As we all know, bitcoin price changes when people sell and buy. Bitcoin has bad days and great days too. We had bad days so hopefully we will have good day for bitcoin. Yeah if there is a bad day there will certainly be a good day, maybe in these 3 months we more often get a bad day because that happens in the market bitcoin prices continue to weaken, that's why the day looks so bad but seeing the current market that continues to experience a positive thing (price increase) is a good day for bitcoin and hopefully will be better if there is a massive pump,
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I think that Ethereum may surpass Bitcoin. The current market capitalization of Bitcoin is 138.2 billion U.S. dollars, and the market value of Ethereum is 50.9 billion U.S. dollars. ETH is now the only coin that has potential beyond bitcoin.
almost all or all Ethereum users are bitcoin users you know, because they think Ethereum is also a alternative investment that profitable, that's why Ethereum marketcap is huge because it has great potential in the future, so most bitcoin users have a backup investment in Ethereum, but I don't think that ETH could take over bitcoin position
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I am sure that bitcoin and other large coins will recover but it needs a time before the price start to move higher and meanwhile, we can prepare to buy more amount of every coin so we can sell it when the price is up. this will happen too often and not just for now but in the future, we are going to see this will happen again. and since a few days ago, many coins including bitcoin giving a good signal to us and the price can try to increase higher and I still curious about when the highest price will appear.
The price of bitcoin is finally giving signals that it may recover but I do not think we are going to see any kind of big bull run, I think that what we may see if the price keeps recovering is that bitcoin will surpass the barrier of 10k once again, but it does not seem likely we are going to see a price like 20k anytime soon. Yeah it looks like bitcoin is starting to recover, we've past $8k and rise slowly to $9k and hopefully get past $10k in the next few days, yeah I think this is not a big bull run because the change price is not too big in the market, but I'm sure the price will pass $10k soon, to pump up to $20k may take a long time mate
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How to overcome the fear of holding?
For me the best thing to do to overcome the fear of holding or investing is you need to set the goal before you use or sell that token lest say you want to cashout that investment for your retirement fund so no need to see if the market goes up or down because you focus on your future. But make sure your investment can bring you a profit in the future. Targets are made so that you are not confused when to sell your coins, but for fear I think it will be about trust? if someone is trust of their assets or coins they have bought, then even the price of that coin will weaken he will be confident with the potential of that coin, so I think you should buy a trusted and potential coin first, before believing to hold the coin
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When we talk about legalization of cryptocurrencies across the world, it is yet to be confirmed that all countries will be able to adapt to its usage. All of them have their own issues in regards to the currency use. I believe its not possible for cryptocurrency to become completely legalized worldwide, considering its current position in the market.
of course not all countries legalize bitcoin because every country has different laws and rules, maybe in some countries will legalize because it sees profit factor but some others may be banned or let them, for the moment that is what happen, in the future? maybe the situation will be different, see we will meet the era of more sophisticated technology
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Bitcoin will still exceed it's 2017 high. I do not have any data to support this belief, but bitcoin has continued to defy the odds. I strongly believe that it may even get to $50k one of these days. $0 to $21k was not on anyone's radar yet it happened. $21k to $50k can readily be achieved.
Bitcoin has surpassed everything we could have imagined and every single prediction that we could have made, at the very same time it is difficult to think that bitcoin is going to reach such a high price in such a short amount of time especially when people are afraid to invest in cryptocurrencies after the crash. Agree. Bitcoin is going to exceed the 20k expectation but of course it won't ever happen in just a span of 1 day. Just like how long we are waiting to hold our coins, it also takes time for bitcoin to reach an expected value in just short time. Everything happens in a process and of course there are factors that has to be considered to attain that amount. Bitcoin has to undergo changes in price, low and high. Thats true, I think everything need process, Bitcoin is not yet at its highest price, remember there are still many people in the world who have not adopted bitcoin yet, so the possibility of price to go up many times there certainly is, only all that takes a long time mate because you know the development and spread bitcoin requires much time
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can bitcoin back as it used to go to the highest price in the price of 1900 $ so that users can enjoy back when bitcoin to the moon
I hope positive on bitcoin will be able to go back up to be able to give a positive impact on users financially
give your feedback
it could happen if bitcoin has good news that could trigger a bitcoin price increase because if there is no good news then the price will never be able to go back to recover the price to a high price. I don't think we should need a good news, Yeah i know we need a shock to make the market come alive and pump, but not necessarily through good news about bitcoin, even if it works enough to push up marketcap and bitcoin prices, but whales can also make pump with inducement / manipulation of them so many people back buy bitcoin but I myself am convinced that the price will definitely come back at a high price
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Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?
FUD can affect some users but not all because we have different minds so example like me even they spread a lot of scam accusation about binance still i use it because i don't experience scam but if they scam or hack my btc in my binance account then after that i will leave that then find some exchanger that no scam accusation and more better yeah maybe only for some users who are affected by the fud, agree I think it's just about a person's point of view/minds although one user spreading fud about certain things does not mean it will be heard / response by other users, so Fud will not make bitcoin crumble/destroy, not everyone can be freaked out by fud
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Getting rich with crypto are not problem at all, my question for you is how ? Do you have plan in your mind? Capital, you have source ? Knowledge about processes, you have reading so far?
You decide your future on crypto not the others...
I hold the same opinion in this matter. Becoming rich was never so easy and simple as it is now with the help of crypto coins. Like Eric said that anyone who would fail to become a millionaire in the coming decade should blame himself because digital market has a lot of room to grow and all the top crypto coins will be gaining high values. I have the same vision. Invest in bitcoin or good altcoin, hold and sell out after few years. Thats true, to be rich I think the key just be patient and have the intelligence to choose which coins are potential, big capital will also be very influential (this is a hindrance) because some users are reluctant to spend big capital and be patient for a long time is not an easy thing let alone fluctuations make the price red and maybe make you panic? that's why many investors give up and then fail and that's your fault
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I think they are no safe in this world especially in a internet world. Even a government security system has been hack. The only way we can avoid hacker is double check your filling up form. And dont go to the site that make you suspicious .
now more and more varied hacking techniques, whenever this risk could have happened not only in the crypto but also in the bank system even if it can be hacked, the important thing is to remain cautious with all things suspicious such as phishing sites, applications that contain viruses and so forth, secure your wallet with additional security like google auth or sms auth, it will strengthen your wallet mate
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We re seeing a lot of things about cryptocurrencies in our daily news. Many countries are trying to regulate it by imposing restrictions. Does that mean the good old days have gone? Huge pump after the arrival of a new coin? HODL to gain 1000% or so? All these things have gone? The market is very dull, we couldnt even see a solid jump these days. So, is this the start of the end of crypto? Post your ideas.
I think government want to regulate cryptocurrency transaction because government want to collect taxes from crypto transaction. I am believe that regulation is on exchanger, because we make transaction mostly on exchanger whatever will be utilized by the government, I think the regulation will have a positive effect on bitcoin, imagine many parties will receive bitcoin and then there will be mass adoption that happens because many people already believe in bitcoin, of course the price will rise very high and we as investors would be get a big profit right ?
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Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
sorry to see you lost lots of money but I think you can learn from your mistake. firstly choose a stable coin then you can trade. be careful, don't panic when rate become down.waiting for pump, that's the simple theory for you. thanks experience can lead you to become more expert in trading, every loss you get will make you more careful again in choosing a coin and when it's the right time to buy and sell, don't because losing makes you more panicked and afraid because that's what causes the loss, if you are still more often afraid it is better not to trade
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Yes you can actually sell all your altcoins and buy them back but remember, price today is low so there is no assurance that when you buy them back its lowest from the price you previously bought them. That’s why some people just prefer holding them instead of having losses.
Probably the less risky step will be simply to wait and hold the coins. I am not sure that if you sell now alts, you will be able to buy them for the less price. if you want to do this, make sure that the current market conditions are still in a downward trend, where the market is more likely to down than it rises, if you sell it maybe you can get a cheaper price, but for now it looks like the market looks green, some times the price goes up to $7000, maybe it's going to be a bit risky now, if you want to do that way
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Yes! bitcoin is digital currency that can we use as money because bitcoin is accepted as means of of payment of a something, so in that case some criminal take advantage the modern world and they use bitcoin in their illegal activities like buying illegal firearm and a like.
The use of bitcoin is currently too much limited and therefore most of the people do not have the ability to use bitcoin for shopping or for other such purposes and therefore i personally do not think people may even have chances to use bitcoin for criminal activities. I think currently it may be too much beneficial for them to use bitcoin for their criminal activities. actually we can not have the ability to see if other users are using bitcoin to spend something that is fine and do not break the law, we don't have that power to it but I think it is public secret that some users may use bitcoin and take advantage of anonymous facilities and decentralization for the improper and unlawful
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It is true that luck plays a big role in our lives. For example you gotta be lucky if you invested in Bitcoin and it goes up but it won't be that much the luck's role if you are the one manipulating its price to go up
Not everyone gets good luck right ? if luck gets an important position to get rich, of course only a few people who want to study and college? because deciding to be rich is have good luck? lol very wrong logic i think, the most important is your talents, your intelligence, and your efforts, if you can combine the whole, I'm sure you can get rich
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of course its a good thing, the decrease of the price be an indicator that the price of that coin will increase in short time, 2. the bitcoin with low price is good for trader that want to join in crypto, so they can get big amount with same capital and hold it after the price back to normal again
Yeah not forever the price is down is a bad thing maybe for some holder that decreased is hell, but for new users or who have not had time to purchase, the price decline is a golden opportunity for them to buy bitcoin at a cheap price but for the holder there may be a positive thing you know ? after the price weakens most likely the price will experience pump right ?
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I just do believe in bitcoin that can bring me to wealth, I currently holding bitcoin now and trust it, this is also what other people to do so, to hold and wait for the time that bitcoin will reach to $20k USD or more this year.
are you a bit tired to hold bitcoin because in these few months bitcoin price changes do not show anything positive and are more likely to decline, I myself feel tired enough to hold, I hold since January until april at this time and have not sold it because the price continues to decline, I really need an inspiration because now I feel desperate to hold my bitcoin
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