True in this era lthe one who stands atop gets to decide what we use as currency but in the past the popular trend was barter payment means paying with food or other resources then later gold and silver where introduce as new method for payment as its way easy to pay with money. My point is, the people gets to decide what to use not the individual a consensus of a group.
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Bitcoin can be considered as an asset because it holds real value in the real world and you can liquidate your digital asset. So investing in it is a good choice especially with its volatility if your timing is perfect when you bought bitcoins in its lowest especially now in a bearish market. You could gain tremendous profits.
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#PROOF OF REGISTRATION Bitcointalk UserName:Sadlife Telegram Username:Karlel Participated Campaigns: Signature campaign
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It wont stop dumping until bitcoin hits the bottom some say the price will go lower to $2000-3000 but i think the $4000 price is the lowest btc will hit this year. This is cause by the shit show of btc SV and btc ABC about hash power. I hope but parties resolved sooner.
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The easiest way to profit even still in bearish market is to just stop trading and wait for the rock bottom of the massive dip. Once the sell out is over by the whales a bull run will surely to follow. Even in day trading there are instances when the price will have an uptrend for a while then go down so better be alert.
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Still no signal for a buy so im thinking to patiently wait for some kind of support. This has happened two years ago back in 2013 when bitcoin is still in the $1000 price it had a bearish trend in 2014 after a big bull run. It had a massive dip and some exited thinking that btc is dead but after 2 years it surge and reach all time heights such as $20000 price. So i would definitely buy more.
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There's countless possibilities in crypto currency it's either countries will start to adopt them because of the blockchain technology that is innovative and secured than banking system or SEC finally approves crypto, ETF and ICO projects as investment. There's also a possibility that it will fail because countries reject it still crypto currencies has a lot to go.
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I dont think this is the only reason clearly SEC's jurisdiction is only in the USA which other ICO is based on other countries. Somehow i think what's affecting the bitcoin price is this hash war they're calling between btc SV and btc ABC. The price may plunge further but let's see if there is a chance for a bull if institutional investors joins in.
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Most ICO these days are only concern with the funding and not the project being successful and to growing it further attracting many investors. Typically when the ICO token is listed they stop there because they're already rich from the crowd fund of the project and not following the roadmap. Especially in this bearish situations where bitcoin is dropping other traders and investors will be scared to invest cause they might throw their money away.
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Ideally when selling the token you hold if that crypto and its price really surges high you must wait until there is a selling signal only then you can make the take-profit strategy to fully profit from your investment. This seems to be a valuable information i myself think i also loss 10% due to this unforeseen bearish trend.
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This news some are true but mostly its fake to raise an FUD and make the traders go panic and sell their assets. What you must do here is to dont trust the statements such wall street or bloomberg that the price may crash or whatever. Do your own research and decide for yourself.
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Of course i'll invest money on crypto currencies rather tha. the traditional gold or fiat because despite bitcoins volatility it enables many traders and investors to gain more of course there's risk but it's way better than the stagnant way of investing such as gold and fiat resources.
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I do not worry about the future of crypto and btc cause i know it will always have a huge comeback and its technology which will surely change the future of payment. What i worry is my investment cause its serves as a source of my income. I didn't anticipated this drop of price. So now i worry where should i get my money for my expenses.
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Ive actually resell then bought back i think this is the perfect chance to make profit especially when the price is so down. For now im just waiting for a bull run to take back my loss at trading due to this unexpected massive sell out. Been reading some news and looks good for crypto so better wait and see.
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For me ETH is having a rough time due to countries restrictions of ICO so smart contracts wouldn't be in much use unlike before where ICO where booming. But it might change once the hardfork is finished and making the mining more difficult cause the inflation rate may decrease dont know if this is good or not but well see. But im turning my sights right now to LTC and XRP cause they might have potential to grow.
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Ive heard that there are bitcoins ATMS where you can purchase bitcoin and send it to your wallet there are also stores or retailers that supports bitcoin and sells it. Only if that country is legal with using crypto tokens as for my country is open arms with crypto currency and accepts bitcoin. If your country restricts btc then im afraid you can't buy it.
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Not really i just usually hold them or convert it to fiat from time to time when i have no more money for playing computer games, food and lifes daily necessities. I usually invest my crypto to make profit after all, i only have a few crypto and it's my source of income. By the way nice choice of topic for the research its good to know that some students knows about crypto currencies.
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Those are the faults of its users not bitcoin fraud and scam is caused by greedy humans. Bitcoin is simply a innovative invention design to be freely use, a secured and decentralized way and free from exploit by banking institutions. Even the traditional fiat system have fraud by the mainstream media chose to highlight btc instead.
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Learn the basics of trading and indicators in order to know when to buy or exit, candle pattern is also a good way to know when there is going to be an uptrend or downtrend this is useful especially in day trading. And dont get overwhelmed in trading cause you will loss money hope this doesn't happen. I suggest to start small.
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I always get my news about the current events in the crypto world in an app called pivot im not advertising it or something but the app is really good you can earn while you read their news and the poster asked where do i get my news so there it is. I also get updated in social media platforms through some pages. That's how i know if there is going to be a bull run.
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