|
I think it's a good suggestion to always keep a few coins in a wallet for long-term investment use. i also did it i have two bitcoin wallets. the first wallet I use to save a few bitcoins that will store until bitcoin can be bullrun again. and the second I also use to save bitcoin. but this I use for short-term investments when bitcoin has increased by 30% then I will sell it and take profits. and I also have several altcoins that I also hold.
|
|
|
|
|
yes you are right op bitcoin has experienced a lot of progress since 2016. bitcoin has progressed in many ways ranging from growing users, adoption, trading volume and prices. now bitcoin has become the main and favorite coin in cryptocurrency.
although at the moment the price of bitcoin is decreasing I'm sure bitcoin can pump again we just need to wait and be patient.
|
|
|
|
|
Yes, I agree with some of the tips op have mentioned. I also did research before investing in crypto. starting from the whitepaper, the road map, the manager and the development team and also the social media is active or not. and I also always look at the state of the crypto market before investing. Even if the project is good and successful in sales but poor market conditions, the coin will not develop because the bear market will cause the coin to decline. when the bear market like this is better invested in the top 10 coins is safer and the risk of loss is also smaller than investing in new coins.
|
|
|
|
|
There are already several countries that have accepted cryptocurrency as a means of payment such as Japan, the United States, Switzerland, Canada, Russia, Venezuela, Argentina and others. these countries have legalized cryptocurrency as a means of payment but not as a major currency. I think their main currency is still fiat money. cryptocurrrency is only an alternative means of payment. they will not make cryptocurrency a major currency. because they already have a national currency.
|
|
|
|
|
I am very optimistic that in two years bitcoin can reach a price of $ 19,000. because if we look at the bitcoin price chart. bitcoin always increases one year after bitcoin is reduced by half. if later in 2020 bitcoin is reduced by half then bitcoin will go to the moon in 2021. I am optimistic that the price of bitcoin will increase after halving because if demand continues to increase and supply decreases this will make the price of bitcoin increase. and hopefully next year bitcoin will enter the bull market.
|
|
|
|
|
in my opinion the price of this December bitcoin will be around $ 8000 or $ 9000. the last few months the price of bitcoin continues to fluctuate up a few percent and then fall again. but I am always optimistic that the price of bitcoin can reach another $ 20,000. we must be patient and wait.
and I suggest if we invest in cryptocurrency we should not only rely on the predictions or opinions of others. we must do our own research in earnest. don't be easily influenced by the opinions or trust other people's predictions. because in my opinion no one can predict the price of bitcoin correctly.
|
|
|
|
|
where do you live op why tax payments in your country are high. if you want to save money then a stable coin is a good choice. because keeping money on a stable coin is the same as storing fiat money at a fixed value. and I suggest to save on USDT coins I think USDT is a good coin and has liquidity. and in my opinion if you have more money you should try to use some of your money to buy bitcoin. Don't be afraid of bitcoin volatility. if we can exploit the volatility of bitcoin we can benefit.
|
|
|
|
|
yes we have to accept it because technology is always innovating and we cannot stop the development of technology. every day there are always new discoveries and projects that emerge. therefore if the old coins do not innovate or develop coins, the old coins will be replaced by new coins that have better technology.
|
|
|
|
|
down and up bitcion prices are determined by demand and supply. and these requests and offers are sometimes influenced by news and can also be manipulated by the popes. and I think 5 days is a very short time. to get a big profit you have to be patient to wait and this sometimes takes a long time several months or years. so don't expect luck if you have only invested in 5 days of bitcoin.
|
|
|
|
|
I think it's okay to sell our valuables to invest in bitcoin. the important thing before investing bitcoin we have done research and observe the movement of the bitcoin market seriously. and if you believe bitcoin will pump up, the decision to sell bicycles for bitcoin is the right decision. the mistake that often happens is that people are only interested in the rise of bitcoin without their research and observations selling their valuables to bitcoin but it turns out that bitcoin dumps and makes them lose a lot.
|
|
|
|
|
if the coins do not have liquidity I think is not feasible to be made an investment tool. some people recommend investing in coins that have a high trading volume. trading volume does not guarantee that the coin is worth the investment because trading volume can be manipulated by bots. so if we are going to invest in crypto then choose coins that have liquidity and a large community
|
|
|
|
As we all know , crypto market is not doing so much in these days. Major Altcoins are bleeding, even top currencies are not increasing
Major reason according to my opinion is the lack of new investors. New investors are not showing interest.
in 2020 I think will be better than Today. What do you think, what is your prediction about crypto market. kindly share your thought.
yes you are right op the altcoin market continues to decline because it does not get new investors. Investors are afraid to invest in Altcoin because most Altcoin projects are scams, so new investors prefer investing in Bitcoin over Altcoin. so bitcoin dominates the crypto market and makes altcoin prices fall even more. but I'm sure when bitcoin pumps most of altcoin will also pump even though it will take time. |
|
|
|
|
yeah i think most of altcoin will be shitcoin. only coins that have trading volume, liquidity, usability and community can survive in the crypto market and that is probably only the top 20 coins in CMC. and in my opinion the altcoin market will not be the same as the altcoin market in 2017. although later bitcoin will pump after being reduced by half in 2020. I think only the top altcoin will experience an increase and maybe the increase will also not be too high.
|
|
|
|
|
Most bitcoin holders have always speculated that the price of bitcoin in the next 2-5 years could reach $ 200k. I think this value is too high and not realistic. currently the price of bitcoin ranges from $ 7k to 9k and to reach above $ 10k is quite difficult.
they are all optimistic that bitcoin will pump after being reduced by half by 2020. hopefully the price of bitcoin will move as we expect. but I did not expect too high. bitcoin can reach $ 20,000 again i'm already happy.
|
|
|
|
We all have dreams for bitcoin that someday we will be able to use this coin freely and no other things to think since its already accepted by the society, and the government already stop holding bitcoins neck and allow it to be use without any policy or regulations, here is my dream this is how it will be organize 1 . BTC will be the primary money all over the world all the currency will be just secondary 2. All the world currency will be exchange to bitcoin slowly until its all illiminated 3. Altcoins will be use for very country and bitcoin as its Superior In this form bitcoin will be the global currency, no one will control it no regulations, but will penalized who wouluse it in bad intenstions rules will only apply to it not bitcoin totally, I have an image here this is what I submit in 10th aniversary but this will illustrate how bitcoin will dominate the world with the man with the mask of bitcoin who represents the people, and bitcoin over in the center of the world  This image is only my representation and a goal for bitcoin in the near future feel free to give your opinion I think your dream will be difficult to realize. the government will not be possible to make the national currency the second currency after bitcoin. and there's no way the government will legalize bitcoin without rules and regulations. and I think our society is also not ready to use crypto as a currency and payment instrument. So far I only use crypto as an investment tool. so I think making cryptocurrency as a major currency and replacing fiat money is too high a dream. |
|
|
|
|
yes I think the key to success investing in crypto in addition to being good at speculating we must also be patient and calm. investing crypto requires calm so that we do not easily panic and make wrong decisions. and when the market moves slowly as it is today we must remain patient and wait. i think hodl is a wise decision when there is a bear market like this. if we remain hodl and calm then we will get a big profit in the future. of course what I mean here is hodl bitcoin.
|
|
|
|
|
there are still investors who invest in new projects because they are interested in the cheap price of new tokens and if this project can enter the market and then the price rises a few percent from the ICO price they will sell tokens and take profits. and the developers make new projects of course because they want to make a profit. but sometimes what makes me disappointed is that after a successful project and succeed in achieving softcap and hardcap. The developer did not develop the project and as a result the token did not have a trading volume and eventually the coins failed.
|
|
|
|
|
yes I think it still remains a good investment tool even though the current price of bitcoin has decreased. because I think there is no other investment that can return big profits like bitcoin. but of course large profits also have a large risk. but if we have the correct prediction and buy and sell bitcoin at the right time then we can minimize the risk of loss. and the last thing is the patience of bitcoin is very volatile we don't know when bitcoin will go up and down. so we must have patience to wait for the price of bitcoin to pump again. I'm always optimistic that bitcoin can reach $ 20,000 more.
|
|
|
|
|
yes I think banks are always like that. the bank always has a reason to be able to take our money with administrative fees, monthly fees and others. but I know that not all banks like this, there are some banks that are quite friendly with customers and the costs that must be incurred by customers for administration are quite low. therefore I strongly support cryptocurrency with blockchain technology will make transaction costs cheaper and no need to use a third party like a bank. and I will continue to strive to introduce cryptocurrency to relatives and friends. so that more and more people are supporting cryptocurrrency.
|
|
|
|
|
at the moment I have used all three together. I use cryptocurrency to invest and seek profits. I have not been able to use crypto as a means of payment because crypto in my country is still legally only permitted as a trade and investment community. I will exchange the profits from crypto with fiat money. For daily transactions such as buying vegetables and other needs, I use fiat money. and I also use a credit card or payment application to pay utility bills, buy clothes at online stores and order food because usually when using the application there are some attractive promos. I did not choose because everything has advantages and disadvantages. the important thing is I can use these three types of money well.
|
|
|
|
|
Show Posts
