Even if the government brings such a legislation, I don't think that the vast majority of the holders will reveal their assets. Because Bitcoin is very difficult to trace, unlike some of the other assets such as bullion and equities.
I am sure that there will be some volunteers, who will do it willingly. These people simply always follow the rules. If they are obliged to pay taxes for BTC, they will do it, but the majority will not.
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I chose Ethereum because ETH price is too cheap at this time. ETH has an extensive potential to increase back, with more believe and trust in a smart contract.
Now, the price does not mean too much. Simply Ethereum is the best project. It is the perfect cryptocurrency, which is safe and which is loved by millions. I recommend holding it for at least a year.
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experience will give us confidence as we will be in that situation before the next time we can predict with much more confidence that what will happen and panic will be less we can handle situation calmly
But even for those who already have good experience in crypto trading, there is no guarantee that they will not have the mood of panic when facing a decline in the value of investment. Panic is a mood condition that can arise at everyone minds. As a rule, the majority of the experienced traders do not panic when they see that the market is going down. They simply know how to change their strategies and choose some other policy.
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If I would face like this situation I will open a real business. A real business always help you to earn daily with profit in most time. So then I will make a capital from that and try it to start invest on crypto. So it will helps me in both side and earn daily as well .So I just wanna prefer you to open a real business.
If you have enough money to do it, open the business which you want. Besides it, you can continue dealing with the cryptocurrencies. Simply choose holding, but not the day trading.
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I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.
From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?
Current situation is ideal for people to accumulate more coins especially coins like bitcoin, ETH and ripple. All these coins are available for cheaper prices and have solid background and can thus give huge returns in short time. There are a lot of factors that are holding the growth of top 10 coins like availability of so many coins. There are many tokens, which also deserve your attention. Probably, they are not as popular as the cryptocurrencies that you have mentioned but these alts have a great potential. I like Gladius, Napoleon X, and Credits.
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It realy does not matter how you invest little by little or just take part of your funds and put it in your desired assets. I am currently looking at commodities, havent bought any yet but this could be something that i could do if the stock market is continuing the downtrend.
Gold is also a very good investment. if I had more money I would definitely invest it in the real estate. Now, I am trading a lot to earn more for my future.
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Yes, sure, you need all the things that you have enumerated here. That is why it is not easy (and almost impossible) to become rich in the world of crypto. You have to work much to get the expected profit.
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This year is already done so please we need to choose good coin not top coin. Here I just want to choose CS, WPR, SXDT this coin. If you are a big investor, don't choose for 1 year hold.
I think that any coins of the top 40 could give good growth in a year. Learn carefully company roadmaps and talk to people in this forum about specific altcoins.
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Now the dip seems to be over. When the market was bleeding, I was buying many coins, and NEM also. Besides this alt, I invested in OmiseGO, TRON, Cardano, IOTA, and NEO. I guess they will rise very soon.
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It always depends on the activities you are planned to be involved in. If you plan to work with Asians, pick Chinese - most of the people in this region understand this language.
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Take a break for a week or two then start afresh. If you change your schedule a bit then you wouldn't feel much stress. Another thing you can do is to go for a longer period of trading which is less stressful.
It is always very difficult to cope with a stress, especially, when you see that the cryptocurrencies which you hold, are falling in their price. Take a break, do not sell anything, and find a good hobby.
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Market will surely go back to green with time this year seems to be a bad market for cruptocurrecy, prices fall and recovery seems to take a very long time .l dont think market will be stable this year maybe early next year market will be stable and prices will be high but i believe market will be surely green again.
I guess that the crypto market will continue to change its color. I think that if today it can be green, tomorrow, all the altcoins might be red. There is nothing strange in it as the cryptocurrencies are volatile.
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Hope, when the time of my retirement comes the cryptocurrencies will exist still and will be actively used. In this case, I will simply become a very active trader.
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never. bitcoin always regulate prices of altcoins. and i think this must be like that. there must be a regulator.
I guess that Bitcoin will stay the market leader, and the altcoins will follow it. Probably, it will last for many years. Actually, I do not see anything bad in it, and that is OK for me.
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From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.
Its hard to eliminate the fiat cryptocurrency because its our traditional money and most of people in the world always use and I think even the government will not agree on eliminating fiat currency. Internet is the thing that we need to have if we want to use cryptocurrency so that without it we can't transact to each other. Yes, bro, it is impossible. Even when the cryptocurrencies are used widely and everywhere, the mankind will need fiat. The traditional money will not vanish.
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International relationships influence economy in a large scale. For one, if you're not on good terms with a country then you can't do business with them, and they can't do the same to you. Therefore there are products that won't be in your country and theirs. That creates a vacuum in your economy. A healthy relationship breeds a healthy economy.
Of course international relationships have a great influence on the world economy. The better the international relationships are, the better the economic situation in the world is.
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I guess that Litecoin future is not as bright as the future of Bitcoin and Ethereum. Most of the people, traders and investors prefer dealing exactly with ETH and BTC.
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I never asked this question to myself as I was always sure that trading is the business that can bring the best profits for the most hard-working people.
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Yes blockchain can change the financial industry. The blockchain is capable of allowing financial institutions to establish direct links among themselves, avoiding correspondent operations through banks. In emerging economies, the blockchain has the potential to help governments achieve political goals by jumping over intermediate technology levels.
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Yes, it is very good to invest in altcoins but you need to research about them how potential they are because if there is growth then definitely the price of those coins will surely increase in the market. After purchasing altcoin we need to be very patient until their price starts increasing.
It always depends on the altcoins which you want to invest it. I recommend you to hold Ethereum and NEO. It will be cool, if you also buy such tokens as Credits, EIDOO, Mallcoin, and Gladius.
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