The more small investors the more stable bitcoin rate. The main task of the adepts and developers is to bring bitcoin to every home
The New Investor and Price are none related to each other. It is on the Huge Volume of Investment put in the market by Well known Investors or Company for such specific Coins. Like the open secret dealing of the Whales in the Business world, may have some bearing in the ups and down of the market price of ALT Coin or Crypto during the trading market. Well if done in bulk, it does have an effect. The run last december 2017 isn't only because of whales but also new people rushing in to join the fomo effect. And the decline probably was also hastened by these new investors who so easily panicked. |
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Lets get discuss about the differences between the developed nation and the developing nation.
First of all employment is the thing which makes the countries stand out from each other in well developed nation there will be enough employment option will be made by their government according to the population on their country which can increase the better standard of living in that countries but the developing nations are struggling to find the job opportunities for their people.
I don’t think having jobs is the problem, well it’s a problem but not really, cause I believe that the government any country can be able provide jobs for their citizens no matter what. I live in a developing country and the problem we have here is as a result of bad government. They never provide jobs for the people, they never invest in talents, and they keep on embezzling money. When the leaders are bad then the country will be bad, but when the leaders are good, you will see the country doing just fine. That’s because they are the ones who control everything that happens in the country. And there's also the people's benefits. Education, health care and other basic necessities are quite provided by a properly governed developed country while those needs are pretty difficult to acquire if you're from a still developing country. |
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The government is very anti barter, because they can't collect taxes on it. But to live in this society, we have to use cash. I say get creative, see what you can offer somebody to barter.
The government is considering this market because of its very high profit without any taxes. However, at the present time people still have to use cash to trade everything in life. And one thing in the future will have people come up with solutions to avoid the problems that the government is looking at. Well the emergence of fiat means that the barter system has been put aside behind money. You can't really determine the value of a product unless you give it a price. Perhaps crypto will do to fiat what fiat did to the barter system. |
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Do not listen to anybody when making a financial decision because each situation is unique. Surely deversification desrease your risk but from another hand you will not be able to earn much enough if your supposition are right. Let us have a look at and another situation if an investor are totally wrong then diversification will not help him too.it's your decision and keep fighting
When you diversify the investments, you almost do not take risks. For instance, you can spend a part of your money to buy the cryptocurrencies. Some of the money will go to buy gold, silver, or even some real estate. What do you mean you're not taking risks? Diversification manages the risks you take and lets you have a fall back or contingency if one or more investments don't work well. |
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On the other hand, I feel the word 'poor' should be eliminated from the dictionary cause I believe no man is 'poor'. We all has something the other person is wishing it aiming to have no matter how big or small or different we may seems. The word poor mean not being able to have money to live a comfortable life. And being or living comfortable does not necessarily have to attach to having money or being wealthy.
Unfortunately we live in a world where money and material things determine mostly how comfortable your life would be. I mean yeah, anyone can be happy just by being contented with what they have but you can't really get by if you don't have the means to spend. |
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There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
Only a fool would go beyond his means to invest in something that he knows doesn't guarantee big profit. You only have to use logic,which will tell you that it's not worth risking your future for something you're not sure of. |
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If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.
I agree with you sir. If you really want to save money on a very long period of time and you want to earn as well, it's better for you to invest it in a bank so that time goes by the money that you've invested is growing, like a land time goes by the price of the land is increasing. Business. Base it on your interests. I mean putting your money in banks is good, though it negates movement. And when difficult times happen, you may be forced to take that money out which means spending your savings. |
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I guess they finally figured out that they can't hold or pin down cryptocurrency and it activities. Google or not, the revolution of Bitcoin will continue to upload. Probably, this news was what made the price of Bitcoin to increase cause investors are always looking for events or actions that will trigger then to put their money again in crypto cause many of them have lost faith.
Or they really see a huge potential for this market and they want to be involved with the hype as well. They have tons of money, but allowing crypto ads will give them additional revenues so I'm not surprised by the move of Google Inc to lift its ban. Well that's something that many knew were coming ever since they started the ban. It was only a matter of time since crypto has been getting good reception from people. And more institutions who initially banned anything that's crypto related will follow suit. |
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Bitcoin is still popular right now and i think this will make rise and be back again to its high price like last year because bitcoin is still the number one coin in cryptocurrency and people keep on using it.
Bitcoin in the future is still good, both for trade and investment. This can be seen from the increasing number of users and recipient countries that are increasing in accepting bitcoin. This indicator is an illustration that bitcoin is increasingly being accepted as a global payment instrument. Well many people outside the community still thinks crypto is bitcoin. And many who wants to invest will first consider bitcoin before any other alts. As the market grows, obviously it's btc who will be on top. |
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In my opinion, if the price of bitcoin rises again, the price of the altcoin will also rise again, maybe this is because the price of altcoin is also racing on the price of bitcoin because bitcoin is the parent of altcoin
Obviously. Anyone who has spent time in this market would not have a hard time observing that the market more often than not, moves with btc. Evidence that bitcoin is heavily dominant in crypto market. |
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There is a nature that every human has, which is the desire to want more. Which is why the economist would say, the wants of man is insatiable. Just as you desire more, always take to precautions. Everyone wants to make money and there is no amount made that will make you want to stop, because you will always desire more.
Even at this, we should not because of that nature now involve yourself in a risk that can be detrimental to you. Do not allow your desire to be backup with greed. Invest wisely.
Well you just said it yourself, everyone wants money and more money. That's why it's difficult to control emotions. Greed is deeply rooted in humans and only through experiences can people be able to at least keep themselves in check in these situations. |
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in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing. what do you think affects the price increase of bitcoin today?
As bitcoin become famous, many people became more interested about it. As they become interested they giving trust to bitcoin as resulted to many investment. As they invest they buy bitcoin. as demand becomes high the price also become high. In all people curiosity and tryst to bitcoin is the reason why people invest with this Well it became famous last year and more people indeed became more interested though that means that more people witnessed how it fell from near 20k to 6k. Not a very good thing to see if you're planning on making an investment right? |
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt.
The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world
the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.
I dont think that banks will disappear , because even if bitcoin is popular there are still many people who thinks that bitcoin is a scam. But I hope that someday they will understand bitcoin and get interested on investing. And maybe in that day they will regret that they didnt invest before. It's a far throw though very much possible. Fiat has survived challenges before especially with the world moving towards being digital but it's still the most used. If it's going to happen, it would probably be not in our generation. |
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The peak of the global crisis has not yet come, but it is inevitable. The global economic crisis can lead to significant changes, for example, bitcoin can replace the dollar international financial system. Matter of time!
Well you're probably looking at a lengthy wait if you ask me. A world crisis may very well affect negatively not just the dollar but even crypto. I don't consider that as something that would propel btc over fiat. |
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September 30 will be the next consideration of the issue of taking bitcoin-ETF. How can ETF deviation affect the market? And how can the adoption of ETF affect?
I doubt there's going to be any major effect especially in the bigger picture. Perhaps excitement from some people could pump the price a little if it gets approved but nothing major. |
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If bitcoin is approved by the government as a means of payment, it's very good, but on the other hand we don't want to be controlled by the government because it will only create restrictions from the government. The original nature of bitcoin is decentralization, stand alone!
Indeed, that's the beauty of the system of decentralization of bitcoin. Here in my place all bitcoin users are free to do whatever they want it to do with their bitcoin balance to their balance. Then, Bitcoin was also design to store of value as well and sending money where it is one of the features of bitcoin either. Well there are good positive and negative sides of it of course. As it is, without any government regulations, it's essily a favorable outlet for illegal activities. We all want bitcoin nd crypto to be decentralized but certain rules would have to be implimented to make sure it survives. |
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if you have no experience you should not immediately leave the full work. Trading is not a constant monitoring of prices, it is following the strategy
Better yet, don't compromise a steady job. Crypto trading will always be there and would be doable given the proper time management. Many people learned lessons the hard way thinking that tradinbgcould compensate for leaving their job with stable income. |
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Yeah right. How easy it is to put up random figures and say thank me later. And bitcoin's been moving around 6.5 to 6.7k recently anyways so anyone can actually make a prediction like that.
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I get inspiration from friends who can become wealthy from trading and can buy whatever he wants from the trading benefits that he did inspired me and I want to try just like him.
Nah i don't think that happens a lot in reality. Getting i'll be more inspired by a coin's actual use and application in society. It's really interesting to think how blockchain can have a major effect in the society in the future. And i don't have to force myself when i'm tired from trading. It's healthy to get away from it once in a while. |
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I think at 500$, I should invest in altcoin with great potential top 1 on coinmarketcap. Because every electronic currency goes up from a very low price below $ 1$ is normal
People need to start understanding that money would not just come from anywhere and however it is, you will still have to be able to have a good product and a proper demand for you to have a sustainable value in the long run for any market. What people are looking for is to get rich overnight, and I am not saying investing in altcoin is bad, but rather than making the quantity of the coin you want to buy a priority, why not make sure that what you are buying is actually worth it. Exactly. People tend to look at the short term value of a coin instead of it's potential use and application. A coin's true value will present itself in time so i wouldn't worry about the price of coins such as eth, since they're pretty well established already. |
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