I don't think altcoins are low risk, i would say they are unpredictable. What is really fundamentally reliable is that is BTC and ETH
I vouch for your opinion as altcoins in fact are more riskier than bitcoin with ETH being an exception as it takes ages for altcoin to recover from a massive dump wherein bitcoin does bounce back on top, most of the panic sellers ends up losing capital when altcoin slumps which is not the case with bitcoin. I would prefer bitcoin over altcoins anyy day. Exactly, even the pump of altcoins happen only if there is a change in BTC price which means they are still dependent on BTC, Alts on the other hand are usually a lot more volatile and risky they are not as secure as BTC. If anyone plan to invest in Alts, please do your own research and be aware because it is not a safe haven like BTC. |
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I don't understand how people are calculating that BTC will affect the economy of the country, BTC has nothing to do with the economy also it has gone through major crashes and recovered as well.
Countries economy is purely based on the supply of productivity, goods and services if I am not wrong. Well this technology gives opportunity to everyone for a better future, just make use of it.
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Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
Well that's how crypto is all about none of the alts are unique, they spark if BTC goes up and down pour if the same goes down still they are dependent on BTC. During their launch they come up with different ideas but unfortunately in reality they will end up with fail, Still Alts are good but it's upto btc price  |
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Since PayPal announced its allowance of cryptocurrencies, BTC soared high towards $13k and I can see that the rally already began for BTC. Is it party time or shall we wait a bit longer? Rally has started, the question is - towards which side? If this news throws BTC down, then let's get ready for another leg down towards $8k and buy BTC cheap? Or shall I buy BTC right now? Is $13k cheap atm and can I go for a 10x leverage position at this price?
The party has not yet started I guess it will take some time, and yes till next week we can expect some positive trend's. As the US election is nearing there might be some twist in the tale movement, but at this point of time I recommend not to buy coins because of its volatility. |
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Loan on BTC? Not at all I request everyone not to entertain such things because crypto is extremely volatile, I would say this is purely stupidity.
You cannot always expect only good things will happen in this, crypto has danger zone as well. Even if you get it in loan you have to pay the interest rates as well apart from that the installment amount has to be paid, which could lead your life in serious risk. So I would not recommend such stuff anytime.
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I'm against this idea of calling people into crypto, you need to be of safer side or you will have tons of people hating you in the end, crypto has it's risks and that's what you need to let people know, there are still millions of people in this earth that don't want to take risks, losing money is like losing part of their body, I'd say observe very well before introducing anyone to crypto
I understand crypto is extremely risky and volatile, calling people for investment cannot be encouraged, but this new technology has to reach people about it's good and bad unless this happens they won't come to Know about crypto currency. Let them enter first and try to figure out about the basic principles of crypto currency, Nah... Iam not saying to start investing straight away let them know this technology will definitely change their life style, it's a belief that's what I mean to say. |
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To be honest no one has the answer for this, people can just predict but that's not the real solution. I agree buying low and selling high is the natural phenomena of crypto currency, but trust me it also comes under extreme risk.
No one can judge so and so coin will go over the moon, there is a proverb knowledge is wealth based on that you need to keep on researching, well this will give you an overview on how to invest and where to invest.
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What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
When it comes to cryptos next generation Defi projects were the hard topic, unfortunately many of these are suppose to be scammers and investors lose faith in this. I am not saying the entire but many also there are few projects which became very popular like AAVE, BlockFi etc. As far as I know these are hype and we need to be very careful. |
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Don't think btc could crush due to Covid-19 vaccine.the point is,, Covid-19 isn't a painful headache anymore to people. Lets imagine vaccine would do that but some days later, if situations start recover, people again start to investment on btc cause there are large number of people who sold their crypto for manage livelihood, they are going to stock btc again.but in reality, Covid-19 can't get it down even still btc increasing
There could be an effect once the vaccine is announce available, but it should not be for the bad of bitcoin that will result to crash, that's a wrong assumption IMO as good news usually bring positive result to crypto. After COVID-19 spread the entire world there was less demand for Bitcoin because people were losing their jobs and had less money to spend, almost every industry was affected by this pandemic. Now slowly things are getting better and people are getting jobs back and risk is going backup, and hopefully BTC price will continue to increase. |
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Fiat is something which has been declared legal currency in the entire country, crypto currencies are digital asset which are medium of exchange between the two parties. Fiat money is issued and controlled by central banks and government but crypto currency don't have any control on it they can be spent and received by anyone, anywhere, anything time well this makes them so revolutionary. But it is extremely risky that's the reason in many countries governments are not allowing to use it.
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Generally speaking, no, most of these movement from the governments are just to keep powers as they are among the world powers, this will just be a digital currency base which will be centralize and control by the same government, so, this has nothing to do with the general cryptocurrency space. For what they are (government), i won't be interested in all of these coins from these government becasue they won't give freedom to the oppressed. I will go with the decentralized cryptocurrency to hold onto my freedom.
Certain rules and regulations will apply only if they introduce their countries own coin, yes the government will have a restriction without any doubt. But for independent coins the government can't do anything, also people will give importance only to those coins which will be familiar and profitable to them. |
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Crypto currency came in public alert only when it skyrocket in 2017 before that people thought it's a scam. Now slowly it started to gain popularity across the world and right now the major drawback is many countries are not accepting crypto currency also the government need to come with some unique plans on using BTC by allowing in malls, theaters, and other entertainment places. if this happens I am sure the usage of BTC will definitely go up.
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My answer is none except the king of crypto currency, it's pretty hard to expect such a huge price in real quick time is not going to happen even in dreams. The price is purely depends on the demand and supply of a coin which means buy/sell, also popularity plays an important role for a coin to expect a huge surge. There are possibilities in the next decade hopefully. |
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BTC is a digital currency made only for the purpose of transaction without third-party involvement, although it's not so much easy to have a unique currency across the globe. Yes BTC has been hot topic everywhere but making it United is impossible because we are already divided in the name of nation, mutual understanding across every nation is quite impossible.
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After dropping to little from nearing13k earlier this morning, the digital currency is been trading between 12.5k to 13k, at this point of time investing in crypto coins or tokens are highly speculative and the market is unregulated.
A lot of analyst and so called experts say BTC will go over 15k but we need to be very careful until the market turnsgreen. So don't take risk by buying in hurry...
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One thing you need to understand is the price depends only on demand and supply, Yes PayPal accepting crypto payment will make crypto more popular but it doesn't mean the price will pump because of this.
PayPal has millions of users across the globe and there possibilities of price pump too, However let's wait for few more days and see how this works it's better to hold now and wait patiently.
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Predictions are nothing it's just a belief, people will always be there to fool you but that's how you need to tackle it. BTC will go to 100k or BTC is dead all these stuff should be avoided as much as possible.
BTC is a speculative asset, the price is purely depend on demand and supply. However there are possibilities for a minor surge in the first quarter still it depends on the market situation.
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When BTC was launched people were busy speaking that this is a new techniques of scammers, when gradually it started to grow they said it's a new technology let's see how it goes.
After all when it went over the moon in 2017, all started worrying. This is nothing new people are always there to speak negative of every stuff, it's always better to research on our own and plan accordingly rather than trusting others.
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Dash coin has already earned a reputation for being a long surviving crypto asset in the market, To keep the standards high for its users now they have launched "Freepass" initiative.
Well this will enable it's users to deposit, withdraw and trade DASH with high speed and security. As DASH is already in bullish zone this announcement will bring yet another significant boost to the price, what you do guys think of it? Will this initiative work out?
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Well that's how BTC is getting popularity day by day, PayPal has millions of users on its network and this new service will definitely help BTC and other crypto currencies to gain more adoption as payment method. This is definitely a good news for crypto community because one of a biggest digital payment company across the world has stepped in crypto currency is a great sign for Happy days are coming back |
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