I do not know what is going on with bitcoin cash since I am not a fan of that fork. I preferably choose to invest in bitcoin than BCH because most of the time it is hype. However, it is sad to say that one of the altcoins in cryptocurrency is falling down. Maybe, it is just a correction for all the pump it made for the last months.
|
|
|
I know some of you would wonder what this topic is doing here, in the Economics section, but since it is in fact an economic question with purely utilitarian goals in mind, I think it is where it should be. This is a serious question and I'm not kidding. I'm not very interested in European languages like German or French, or whatever, as I think languages like Chinese and Japanese are more promising and rewarding in terms of both usage and money in the nearest future. Personally, I'm more inclined toward Japanese (that's why I'm not decided yet), though I understand that Chinese may be a better choice for the time being and years to come
So what is your opinion on this matter from an economic point of view, with crypto in mind?
Since English language is our international language then why don't we expand our knowledge with this language. English language would be the way to interact with other people around the world and I think Japan and china is in the process of learning English language so we need to wait that people around can speak English so that we can trade around the world without any language barrier. Yet, english language is the international language that have been used wherever you are in the world, we can also study other languages such as nihonggo and mandarin. It is not a since to learn about it because we can use our knowledge if we encounter native Japanese or Chinese people. Being a poly glot is an adavantage for all of us and I want also to be like that.
|
|
|
100000 dollars, in that kind of capital we can say that we can manipulate the market. That is why whales are the manipulators of the market because even they want it or not, they pull the market based from they will do. If we can raise that kind of money in this industry, I think we can make profit easily. People are driven by price, therefore if there is a manipulation, they will follow also.
|
|
|
If there are billion of people that are highly interested with bitcoin and cryptocurrency then we become millionaire in the future. As of now, cryptocurrency is the most intriguing news in earth and even in my country, it is the trending news. However, those news are bad because of many scammers that are taking advantage in cryptocurrency. Hoping that in 5 years, it will also change,
|
|
|
Price stability would not be good in cryptocurrency. Traders and investors are taking profit in terms of volatility. The more volatile the market has, the more profits we gain. Bitcoin is not a stable coin because of many traders who want to buy and sell it. It fluctuates high and low but not all time. We just experiencing low volatile today because there is no news that will trigger the market.
|
|
|
When there are instances that when the coin you hold has turned to dumped hard, are you biting that move to panic sell all your coins? Do you feel ease that you sell all your coin when the dump starts? Or feel depressed when you dump your coins and turns out it almost x2 the usual price.
I do not panic even there is a dump in market. In my opinion, everything will come to us if we can wait. I do not trigger by my execution though there are times that I knew I am wrong because I bought at top. Well, it is part of trading and success because if we will not fail, we will not notice on how we step up. Everything has a purpose, just do what you think you may benefit. Do not panic, it won't help us to think very well.
|
|
|
We need a plan before doing things. Because without plan, we may fail or lose. If there is no plan, we have no direction of where we go. Maybe we will straight upward today but tomorrow we will stop. If there is a plan, there is a guidance with us. It is important not just in trading but in every piece of our life. We need to plan first before doin things because we might not accomplish because of failure. If our plans failed then come up with plan B.
|
|
|
I thought the OP has bad experience dealing with cryptocurrency but I think it is not. He has a positive view in cryptocurrency just like me. I knew that people do not believe in cryptocurrency at first, even my friends. In fact, I shared this knowledge to others but they won't believe to me. However, I do not care about them since I can earn without them.
|
|
|
In 10 years, I assume that bitcoin is already popular to the world and since we take part of this industry right now or even before, we are early adopters of it. Cryptocurrency is still young and many changes will undergo from it. I know that many researches will conduct so that it may become part of everyday lives. Cryptocurrency will be the trend for the future because its usage is clear and helpful for all of us.
|
|
|
We know that there are many jobless people around world who’s suffering because they don’t have a job or they don’t qualified for the job they want. if they know or someone introduce them about cryptocurrencies activities they have the opportunity to earn while at home or wherever they are, there are so many easiest ways to earn here , like Airdrops, bounty campaigns and many more, the only requirements here in cryptocurrency world is your knowledge and efforts, no more resumes and any other documents to be needed.
When everyone knows about cryptocurrencies activities I think no more jobless people out there.
Yes! Even in bounty programs, there is no assurance that we get money, ot gives an opportunity to everyone. I feel it also, from jobless to money maker. If you have knowledge, skills amd determination, you can gain a lot in cryptocurrency. As of now, we must enjoy this opportunity specially that only few people know it. However, if the community gets larger, assume that our income will decrease.
|
|
|
It depends upon your cut loss. If you want to go further than 15% before you sell your coin then its up to you. We have our own discipline in trading and we have key principles on what we will do just to make sure we got profits or cut our losses. Your strategy will depend to your strenght in hplding or to your trust about your shares in market.
|
|
|
Yup for people who are against Bitcoin and cryptocurrencies in general they always try to find loopholes or associate bad things on it yet they fail to even make a good ppint about of it. Just like what they are saying about crypto mining taking up a lot of power when they fail to make renewable energy as a factor. They talk about mining wasting energy as if electricity now is a scarce resource. Why not instead of complaining about it they instead try to improve the renewable energy we currently have because it is really now important to change from coal to a much more greener alternative.
Haters are always haters, they do not care about the industry as long as they do not want. If they did not destroy the image of cryptocurrency or bitcoin in issues like high fees and low transaction speed plus bubble thing, they tend to use the energy as consumption of bitcoin. Definitely, they just look for loopholes because they do not want bitcoin to exist. However, they know that bitcoin is usable also and current can be charged not only in geothermal but in solar also.
|
|
|
Oh its interesting thread! I hope bitcoin banks will build in our country also. We have thousands of user in my country, these users want also to experience bitcoin banks probably. In fact, in telegram community, we discussed having a bitcoin ATM so that we can release our money once it needed. I hope in the next years bitcoin ATM will be popular and built in each country around the world.
|
|
|
Like most of the longtime holder, I also have lost a huge amount of my portfolio. Now I am thinking of day trading so that I can recover my loss. hat is the strategy you are following nowadays. Holding or Day trading? How can I be successful in day trading? ANy tips?
In the currency situation of the market, we must know the term "scalping". That is actually selling your coins at top then buy when it goes low again. Continuously doing it will give us more coins. I wish it helps you because I do it today so that my coins will not be dead in the market where I put them. Instead, it is a preparation for future rise up of coin.
|
|
|
It is good to see that many people are treating cryptocurrency trade as a job. I am also wondering how do you budget your money even the market is at the fall. I have watch videos about this and the vlogger said that don't make trade as you income. It is came from an analyst of stock exchange. If I will treat trade as a job then I must have a budget in 2 years first, before I make it.
|
|
|
The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher. They are working for much lower wages and longer hours. Its next to impossible for millenials to purchase a house on their own. Something here itsn't right, Capitalism?
Technology brings goodness to the humanity. It helps everyone of us to make things easier than before. We spent our everyday life with using technology and it really makes our economy more successful. However, if there is an advantage, there are also disadvantages of using technology. Many people get lazy because of technology, students are bored to view books because any information can be found in technology and people spent their whole time in technology than having a family bond. The old cultures destryoed by technology and it is a bad sign of technology to our lives.
|
|
|
Some beginners are struggling to know the bitcoin profoundly. Some of them does not care of its purpose because they just know that it is a digital currency. For those beginners who have determination to use bitcoin and cryptocurrency as their way of earning probably, study about it deeply. It is not difficult to understand, in fact I learn it only by searching and studying everyday when I began to start in this industry.
|
|
|
There are some projects that are worth to be invested. They have active developers and excellect project. However, because of the market condition, some of them are failed to reach even the softcap. Maybe, ICO right now will not become successful because of the current situation and investors like us must be choosy when it comes in selecting ICO.
|
|
|
Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
Whenever you want! As long as you can get ride with the market. But if you think you not yet ready, you should not trade or you will lose a lot of your own capital. Trading will change our life but we must have the wisdom so that, we know the barriers and problems that we will encounter. As long as you do not ready, practice trading and when you know you planned it, then enter with the market.
|
|
|
We won't kick poverty amd corruption using bitcoin only. Remember, there are always a problem that will arise once we solve the problems. Bitcoin can lessen poverty because it is decentralize and the government does not uphold their citizen. Maybe, in the future corrupt officials will be detected of their illegal activities. That might be the solution when bitcoin take back the way.
|
|
|
|