Hello Gang, New guy here. About 2 weeks ago I purchased $50,000 of Bitcoin and Ethereum thru Coinbase. It's all sitting in the Coinbase wallet with a 2 step verification to get access.
I just ordered a Trezor 1 cold wallet. Might take a few days to get here. How safe is the Coinbase wallet for holding my stuff? I've read that their site is actually very secure.
Thanks for any info!
I would say that security is a relative concept. Of course, Coinbase probably has good protection, but as far as I've heard, it's best to have your own cold wallet and the fact that you ordered yourself Trezor speaks about it. It's best to keep your crypto in the safest place, and remember that there are other ways to lose your crypto. For example, the loss of data to enter the wallet, or the loss of a Trezor device. There is also a chance of getting a virus, but this can only depend on your actions. The most important thing is that you yourself understand the importance of storing your crypto and do everything for its safety.
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I saw this coin pump in my blockfolio so I would like to ask what do you guys think about this coin. I have been holding this for years and I thought it has no chance anymore but suddenly it has a good value now. https://coinmarketcap.com/currencies/kick-token/ATH was 0.24 usd, now current price is only $0.0002595... do you think there's a chance it will break its ATH? Indeed, the price of the KICK token is now starting to go up and once I was able to make some money on it. But after the administration sent free KICK tokens to many wallets that cannot be sold, I immediately realized that there would be only manipulation and deception. In general, I do not like being deceived or trying to fool. Now I have 888,000 KICK tokens on my wallet, which are dead weight and simply stir up with their presence.
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I already gained from NXPS, XMR, TFUEL and THETA. Gained at least 5-10%.
I currently have 30usd, what do you think is the very promising altcoin this upcoming April and why (any projects of them in the future?)?
I need your insights where should I invest next.
We recommend that you turn your attention to Tron (TRX) and Litecoin (LTC). At Tron, the previous price peak was around $ 0.20 per coin, now the price is at about $ 0.12 per coin. I believe that Tron may well grow to a price of $ 0.20 and go higher. As a result, by the end of this year, the price may increase several times. As for Litecoin, there is also an interesting situation. As far as I know, large companies were very actively buying Litecoin, but its price also did not reach the previous peak, which gives reason to believe that it will also grow to the previous peak and also show several times more growth. These are the altcoins I’m watching at the moment.
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Hello Gang, Long time investor/holder of Gold coins, new investor of Bitcoin. I've been thinking about selling some Gold to buy Bitcoin. I'm listening to the pros/cons of doing this and Bitcoin seems like the better asset to hold in the long run.
So.. Anyone else here convert their Gold to Bitcoin? Kinda having a hard time parting ways with my coins. There's something to be said about touching Gold coins. They're heavier than you think.. They have a nice ringing tone to them when tapped. Fun to look at.. older ones have a history to tell.
Maybe I'm alone in this feeling.. 14+ years of collecting coins is hard to let go, but ultimately I got into it to have an insurance in case of economic collapse and security.. also to make a profit. Seems like Gold may be taken out by Bitcoin in a few short years.
Thoughts?
I believe that against the background of the growth in the price of BTC, it makes sense to invest in this crypto asset, but in order to sell my gold coins for this, I am not very sure that this is correct. Perhaps, if you do not have free money, and you would like to become the owner of BTC, you should sell some gold to invest in BTC, but I believe that this should not be a large amount. Of course, I, like others, cannot know 100% how to do better, but recently I read such a thought from one person, where he said that the dollar will rise now, in other words, within a certain time there will be active support for the dollar, gold on the contrary will lose in value. In principle, this is happening now, but after that everything will change and the price of gold will soar higher than the moon. At that time, he did not say anything about BTC, but earlier he also hinted that as a result, crypto prices could also collapse, which, in principle, we have already observed more than once. As for me, you can sell a little gold and buy BTC. Wait for more BTC growth and then sell it and buy even more gold.
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As you know, money makes new money and this, in particular, explains the fact that the rich are getting richer. People who have money, they have power, and they use their influence and money to play the situation they need in their favor. Yes, this is a game and the rich play it to become even richer. If we talk about the ways to achieve this goal, then it will be just talk and you will never be able to use them to become rich. It takes no rules or luck to get rich, you have to be in the right place at the right time and you will probably just be chosen for it. Unfortunately, I have not yet seen a simple guy like me become rich simply by hard work. But I believe that all the envy is only from us and probably for big money you still need to have the appropriate thinking and then something may work out.
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Friend I met here on facebook.
Had a bunch of money in bitcoin last year. I told him not to do it, but he sold it ALL.....for EOS.....
He held EOS for like 6 months from july 2020 till roughly late February of 2021(EOS price has barely grown 100% in 6 months which is terrible for a shitcoin).
Bitcoin hit $57K, he thought it was the top. Sold ALL his shitcoin EOS when bitcoin hit 49K during a brief dump. He thought bitcoin was "old and slow". I told him it was still the undisputed,uncontested king.
Then he REALLY FUCKED UP and shorted bitcoin at $47K......
Don't be like him, sell shitcoins, HODL Bitcoin. Don't short bitcoin.
Indeed, Bitcoin in 2021 shows an excellent result, its price has already gone to the moon, but as you correctly noted, this is far from the limit. Analysts say that BTC has passed only one-fifth of its path in this growth cycle, which means that the price of BTC from the current values may still grow by 4-5 times by the end of this year. I agree that it is very difficult to keep your BTC and not sell it, but if you believe in success, then you need to find the strength in yourself and go this way to the end. I keep a little bit of BTC myself and regret not having bought more before.
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Justin sun is working hard on tron and now soon we will see NFT on tron. Binance is also doing a trading competition that has pushed btt and trx price. Will trx hit ots new ATH this time? What are your predictions?
I believe we will see a new ATH for Tron in 2021. Moreover, the price of TRX continues to rise at the moment, which certainly gives even more confidence that Tron will make a new leap forward this year. With the development of new directions such as DeFi and NFT, Tron, like other cryptocurrencies, has a great chance to show new price values. Personally, I believe in Tron and currently hold on to a certain amount of TRX.
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I see some crazy numbers being thrown around, one is an Ethereum coin going to 100k in 2030. How can you tell if a price prediction is too high in relation to market cap? Some people say some coins cannot hit a certain market cap. How can you tell if a market cap value is too much for a certain coin? I understand that there are coins where there are great number of circulating supply, but why can't they reach trillions in market cap?
You know, in our time, nothing is impossible, especially with regard to cryptocurrencies. Of course, $ 100,000 for 1 ETH is a lot, but it can be, but on condition that the US dollar itself crashes. You must understand that a large price for ETH must be backed up by something and that it takes huge funds to make it all look real. But again, as I said above, in our time anything is possible. We can only hope that you have ETH and sometime in 2030 you will be able to sell it at such a high price.
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Indeed, the adoption of crypto continues and large companies understand that if they now miss the opportunity to introduce crypto, then other companies will fill this niche, and they will be the loser. The news about PayPal contributes to an even rapid adoption of crypto in the world, which means that in 2021 we will see continued growth in BTC and the crypto market as a whole. I believe that other large companies will also contribute to the growth of BTC, which will eventually also begin to implement BTC and crypto.
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Day by day, Bitcoin is getting closer towards crossing the $60k range. The pioneer cryptocurrency has grown in popularity over the past years, becoming an extremely valuable asset that often compares itself to Gold. With Elon Musk, and some companies like PayPal and VISA joining the game, it shouldn't be long enough before BTC reaches new heights. Some experts predict that Bitcoin could go as high as $100k by the end of the year. Others predict that Bitcoin will reach $1m within a couple of years from now. The question is, how fast will Bitcoin reach $100k? Will the ever-rising demand from mainstream companies and institutional investors make Bitcoin reach this goal in less than a year? Or will it take longer? Given that Bitcoin has reached $60k within a year, looks likely it'll reach $100k by the end of 2021. For what I know, everything is just pure speculation. It's always best to reap profits whenever you see the opportunity to do so before it's too late. If you end up waiting for BTC to reach a new ATH, you might lose it all in an instant. What are your thoughts? I believe that 1BTC will be worth $ 100,000 by the summer of this year. The fact is that the situation in the traditional financial markets is increasing and many large companies are looking for assets to preserve their funds. Bitcoin is one of the best assets that can give them this opportunity, and already now we see how these companies are investing in BTC and other crypto currencies. It is worth noting that this denunciation is only growing and investments in BTC are growing every day. All this makes it possible to increase the price of BTC and, as a result, show a new ATH every time. 2021 is the year of crypto growth and if you would like to save your funds and also earn, then BTC is what you need.
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Which coin do you think that can get one, two, or three more rides this April?? I've got MANA, DIVI, and WINK (WIN) that is perfectly just in time for earnings I believe that no one can 100% know what awaits us on the crypto market in April and other months of this year. However, I keep a reference to the history of the development of the crypto market and believe that there is a certain cyclical development of the market, which indicates the repetition of certain events. From this, I concluded that 2021 is the last year of the next cycle, which means that it is in 2021 that the price of BTC and other crypto should receive a new maximum peak of its price.
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