I do not buy altcoins that are not part of the first 15 top cryptocurrencies. Buying not the top cryptocurrency is too risky for me. I have altcoins that are way above the top 100 coins which I get from airdrops and bounty campaigns.
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I do not see IEO as scams. They are in many ways better than ICO and it is just a matter of time before people view them differently. Yes there could be fraudulent IEO projects but the numbers will be reduced. Exchanges will do their due diligent because their reputation is at stakes if they launch too many scam projects.
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The hack on Binance exchange will make Binance stronger as they will try to tightened their security to prevent something like that from happening again. Selling your BNB will be a mistake as the value of the coin continues to show a steady upward trend
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There is no specific time to buy Bitcoin especially to the newbie. The cryptocurrency market place is highly volatile and every investor will make appropriate profit with Bitcoin at one point in time. Bitcoin is predicted to be hundreds of thousand of dollars in the next 10 years. Buying Bitcoin at a few thousands dollar and selling for $250 000 and $1 million is worth it .
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I HOLD many altcoins and am waiting for the time I think I have made enough profit to sell. The profit does not have to be x1000 . I sell to invest again in other altcoins. The only cryptocurrency that I will not sell for now is Bitcoin. It is my future investment
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Am into crypocurrency because of the need to generate extra income not to get rich quick. I am always proud to tell people that I deal in cryptocurrency of which I have a few converts. Cryptocurrencies gives better opportunity to make good ROI
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It is not surprising that men are into cryptocurrencies more than women. Men are risk takes and are the family providers in most cases hence they have too look for ways to generate income. Most ladies are not into the technology thing and are not risk takers. There are a few ladies in cryptocurrency but their number are not much. With massive adaptation of cryptocurrencies this will change
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The technology behind Bitcoin is perfect for banks. The traditional banks can create smart contracts that will make them provide better services for their client for those that will not want to create their own crypto coins. Cryptobanks are digital version of banks and is be an alternative to traditional banks especially for those that go for credit facilities. I belief cryptobanks will do better as they offer better banking services and features than fiat currency banks. Yes I see cryptobanks as the feature and they will surely aid massive adaptation of cryptocurrencies
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Living a live where one uses cryptocurency other than fiat currency gives the true meaning of a cashless society where payment and other financial transactions are done digitally. I see a life of financial freedom where the user is fully in control of his finances.
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In the next 100 years, government will only create a cryptocurrency that will give them monopoly like the fiat currency . If such a currency will not work to their favor they will not create it. The fiat currency is serving their purpose and will not want to replace it that is why they are banning and restricting the use of cryptocurrency in their countries.
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The people that are looking for Satoshi will never find him except he wants to be found. Satoshi has created Bitcoin 10 years ago and had vanished into thin air. The people that had worked with him had no clue to who he really is. The guy is a genius to come up will Bitcoin . A cryptocurrency that is changing the world financial cycle. I do not see any body finding him except he wants to show him self which I doubt he will show himself to the world. He is better off being anonymous its safer for him.
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I do not debate those that do not believe in Bitcoin. Talking to this category of people is useless. I only talk and encourage those that have interest in the cryptocurrency. I will not want people to invest in Bitcoin because I talked them into it and if they lose their investment they end up blaming me.
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Presently all countries of the world have their own different fiat currency so each country having its own different cyptocurrency will not be an issue if adapted.It will bring massive utilization of cryptocurrency which can stabilize troubles economy and Bitcoin will be in demand and will gain more value being the pioneer of crypto coins
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I see the efficiency , transparency, immutable and trustless feature of the blockchain technology can be used in all aspect of our life. The blockchain technology is useful to all industries with no exception. The need and the service an industry want to render are programmed as smart contracts on the blockchain.
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I have come to learn that the crypto currency marketplace is all about being patient. The crypto currency market place is highly volatile and the value could drop drastically at any time. The impatient will sell to cut their loss while the patient will buy and HOLD . They wait for a good time to sell at a very good profit
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I do not see bitcoin as a competitor of fiat currency. The two currencies can coexist. One can use it as an alternative to each other according to the users need. I think proactive banks will look into Bitcoin and at least find a way that they can provide the two financial services to its consumers
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I do not think we should push online merchant to adopt Bitcoin as a means of payment. The adaptation of bitcoin is growing exponential and it is left for people to want to use it.It is the choice of a merchant. He should be allowed to make his decision as Bitcoin is highly volatile
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One of the beauty of Bitcoin is its anonymous or rather its pseudonymous feature and privacy. Many are bitcoin millionaires and are not known. So being a bitcoin millionaire is being safe. Bitcoin is also the currency that had made a lot of people early adaptors millionaires by just believing and HOLDing it. It is also making a lot of investors and traders rich.
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Bitcoin fake money? NO.
People's perception about Bitcoin is changing and am happy to say that the upcoming generation are really aware of bitcoin and its value . I was on my laptop checking my crypto balances when my 10 year old son asked how many bitcoin I have and was taking to me about bitcoin and its future value. My son was encouraging me to invest in Bitcoin. It is so nice to know that the youth are aware of Bitcoin and are interested in it.
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I do not use my Bitcoin for online transaction because I do not use it as a payment method. I see my bitcoin holdings as an investment to HOLD for the future when I will make good profit. I believe many small Bitcoin holders behave like me.
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