You can educate those people who dont know crypto currencies and bitcoin through advertising tons of them, you can also do some affiliate and direct advertisement through some blogs or vlogs. You can use youtube platform because most people in the world uses it and also add those advertisement in google search through Adsense.
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Stock trading is becoming obsolete because of it's low gains where in the new hype crypto currencies you can have immediate gains because of it's volatility and not stagnant price value unlike the stock market. That's why institutional investors move to crypto trading rather the old fashion fiat trading.
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Altcoins are pretty much short lives some of them dont even last a year and most of them are shitcoins although not all but some. And having an altcoin for payment as salary in a company can be a headache because of it's volatility employers can never have a fix rate and have to always adjust to the price of altcoins.
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I suggest to buy now while the price is still in a cheap price in fact it's already gone up to $7500 then a slight loss that made the price at $7414 but still manage to hold on to it's gains. My recommendation is to buy now then hold and wait for the price to surge then sell, simple strategy no need technical analysis.
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In july 22nd the price of bitcoin and all altcoins have manage to bounce back and may start a new bullish run for the crypto market. Those users who let their emotions get a better of themselves will now suffer for selling their btc, eth, ltc etc. They've made a wrong decision and not followed the advice to buy more.
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Nothing is constant in this world especially the stock market and even crypto. The price value may go up and down even other resources such as gold, oil, copper they dont always go to the sky sometimes they fall. What is constant is change and the indefinite moving of prices through the span of time.
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So far no official announcement from facebook ceo mark zuckerberg about creating their own crypto currency and there are no advertising about this in his social media platform. I think it is only pure rumors and fake news cause facebook is already earning big amounts of revenue from their site using ads. I dont see any point participating in digital currency.
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Why did you trade without researching first how to trade ? dont invest your money in things you dont know because you will surely loss money lots of em if you dont have any any idea and strategy. The first thing you should have done was learning basic indicators like moving average(macd), rsi, candle pattern and the basics of how to and when to buy and sell.
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Bitcoins and crypto currencies are really the ideal money because it's free from oppression, third party tracking, exploit and from debts most importantly it's secured unlike banks that can be easily hack/breach. That's why institutional investors, bankers and governments hates it because it's a better version of fiat currency and should be the ideal type of money.
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Yes i actually they welcome it with open arms and even made projects for blockchain ecosystem that can be use for remittance. Luckily my country is open minded and very much know the pros and cons of bitcoin that's why they regulate it and if ever we want to liquidate our crypto's they charge us with transaction fee.
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For now im not trading cause my money is stuck because of the wrong decision ive done that's why ive decided to become a swing trader and wait fot the right time to sell it again. Lucky for me i only trade crypto currency that is hype, popular and strong so i wont bother cutting my losses. I'll just be patient and hold.
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Online shop ? bitcoin for online payment ? well bitcoin is multi purpose coin so it can be use for payment transaction, trading to different kinds of altcoins or just making it an asset for investment. This is how should a currency be used and should be. If fiat currency can also do it why not a futuristic technology.
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Bitcoin transactions speed has been resolved by the lightning network making it cheap and faster. And mining bitcoins is slower this days and consumes lots of pwer because of the increase difficulty but you can mine other altcoins then convert it to bitcoin. Bitcoin can never be banned as long there is internet. And the price manipulation has some advantages also cause you can buy cheap coins.
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There are many speculation about that. Number one is the group of cartels/whales are selling their token and manipulating the price to go up or down. Number two is there is an person controlling some big exchanges in the Bitcoin ecosystem and producing fake volume trading to make the price bearish or bullish. Or it's actually both.
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Why not just focus your investment in two equal ratios like putting the half in btc and putting the other half in fiat or alts. So that you'll gain more when bitcoin price surges up which we know is going to come eventually. If you have invested all your money in bitcoin than your gains would be lot greater than diversifying it into small pieces. Anyways that's only my opinion.
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I guess the worst event that has occurred in bitcoin was the Mt.gox alleged hack it's said that thousand of users have lose millions or billions. But some users think that the hack was purposely done by the founder to stole the members crypto currencies. Well who knows and for me the most joyful day of bitcoin was it reach the value of $20k and many businesses, investors and countries started investing in it.
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Advertising bitcoin is one of the best way to attract investors. It should be beneficial for bitcoin users especially for those who has blogs, youtube channel or social media page to promote bitcoin so that many more can reach and learn it. The main target of this advertisement's is like you said the people who's earning $60000 income per day.
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We can't really conclude that the bearish trend is over but in technical perspective the 5% recent growth are signs of recovery but to be in the safe side bitcoin must return to the $10k price so we can say that bitcoin is back in business. In the fundemental perspective many countries and big companies has decided to invest in crypto and blockchain. So im very much confident that the marketcap will soon increase.
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Yes we've already seen this happened numerous times when the price is down it will take some time to recover but it will always comeback stronger and higher. Even if this might not happen this year im sure when the effects of regulations and and ICO being banned from countries will actually be beneficial in the long run and will make bitcoin's market cap even steadier.
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Because people tend to fear the unknown and ignorance causes people to be terrified. In this case our government fears accepting bitcoin or crypto currencies as payment or an investment opportunity because they think it will disrupt their economy and destroy their own fiat currency. That's is why most countries ban it.
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