Latest posts of: Justin Monizz

Maybe because they lack confidence in the crypto, they lack the knowledge of it, or they can often hear and be affected by the bad news from the crypto.

Yes, when you hold or buy at low prices and sell at high prices, you will benefit. Either way brings you profit from the price difference. However, in my opinion, keeping Bitcoin for a long time will be more profitable but it is more risky.

To me, when that happens, everyone's information will not be safe anymore, it will be revealed

Turn your attention to something else and always remind yourself that "ups and downs are commonplace"

I think Ethereum will overtake Bitcoin in 2018. Ethereum's market capitalization and market capitalization is growing rapidly, much more than Bitcoin. Bitcoin, which is 80 percent of the virtual currency market, still suffers from a number of features. Ethereal - and not Bitcoin - is the future of smart contracts - the foundation for the future virtual currency market. The world has also emerged as a major market for Ethereum and valued it much more than Bitcoin, typically the Indian market. According to CNBC, Ethereal's search traffic is significantly higher than Bitcoin, with 34.4% by Ethereum and 29.9% by Bitcoin, from October 2017 to February 2018. In January, Weiss Ratings in Florida has published a report evaluating a series of virtual currencies based on a number of indicators such as risk, technological innovation and some other fundamental issues. This report is astonishing when no virtual currency is rated A and Ethereum even scores higher than Bitcoin.

As an investor I would sell my coin when its price increases with my coin investment short term, and with my coin investment long term, I would not sell it unless I really need money.

Take a closer look at the "father" team of the coin you are considering as this is the leading factor in determining the coin credibility. In general, to choose a potential coin to invest, the first thing to look at is the credibility, knowledge and experience of the founders. Learn why this currency appears? A potential investment currency is an algorithmic currency set up to help solve a problem that is difficult but unresolved. See where the coin is in the roadmap: Read the road map of the algorithmic currencies you intend to invest, see how far it goes and where it goes. Is it a trial version, have any features been updated? To know which virtual currency to invest in, you should choose a potential e-currency that has a large market capitalization and high transaction volume to make it difficult to price, have a trader when you need to buy or sell. Absolutely do not invest in low-volume and low-volume algorithmic currencies because you are easily hugged when the currency loses liquidity.

I think what it lacks is a security system that ensures that users of cryptocurrenncy are not hacked

I think there will be many altcoin explosions in 2018 but Bitcoin will continue to grow

Your government just wants to discourage the citizens from growing interests in Bitcoin. They are not open enough to accept new things. Mistaking Bitcoin for a financial pyramid is such a big misconception. I don't see any thing that the two have in common. Profits or losses in Bitcoin depends on your investing strategy.

It's would be great if Altcoins are able to stand on its two feet instead of depending on Bitcoin. At the present when Bitcoin's playing the role as the medium of other coins' exchange, that Bitcoin falls down will get the coin market gloomy. So if the Altcoins are less dependent on Bitcoin, the market might avoid serious consequent when Bitcoin dips.

Bitcoin trading is only one way, which means that when you transfer money to someone, you can not withdraw your trading order. So if a hacker grabs your bitcoin wallet, he will have full control over how much money you have and then the loss is inevitable.

In my viewpoint that due to geographical and banking limitations, to buy Bitcoins from a vendor in any country, you must have a bank account and an ID in that country. For instance, since Indians cannot buy Bitcoins from Coinbase, they are stuck buying from local vendors. Therefore, the prices of the local vendors are irrespective of the international vendors. The vendors know that their buyers cannot buy from vendors outside of the country. That’s why, until international vendors start trading in a country like India, the prices can be higher or lower than the global rates.

I think governments will regulate enough to protect its citizens from fraud like scammy ICO’s. They might go as far as to trying to eliminate privacy coins for tax purposes and stifle money laundering. But beyond that, they’ll sit on the side lines and let the crypto market grow and evolve. As for bitcoin, it’s up to the market whether it lives or dies.

Many merchants have accepted to pay in Bitcoin but many have been still afraid of applying bitcoin. However, when the government makes its using legal, it's likely that more merchants will use bitcoin to do transactions.

Although Bitcoin isn't absolutely good (It's been riddled with many problems), it doesn't has to come in for so many negative criticisms like that. Actually, such kinds of problems that Bitcoin brings about are due to the lack of regulation from governments. People who always keep negative attitude towards Bitcoin aren't going to change their mind anyway!