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People do not like to learn and badly perceive everything new. Its hard to make people understand that its much better to believe in an algorithm or program code like the one that Bitcoin is based on than in the government. Even in Wikipedia it is mentioned that a currency is a means of payment that is controlled by the state. At the moment, the currency in its classical sense undoubtedly dominates over the cryptocurrency in the global financial market with a margin of more than 200 times in daily trading volume. But digital currency is a relevant and promising thing, and it will turn into a means of payment regardless of what people think.
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Yes, there has been a lot of talk lately that large investors and institutional investors should enter the crypto market in the near future. This article only confirmed the numerous rumors that had previously circulated in the crypto community. It is clear that this should move the entire market in the direction of growth and the beginning of a bullish trend.
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Because people do not believe in what is really possible to earn and I think that they do not believe in vain. Also, the fear of losing their money is always present, without it so far can not do, it's normal
Most likely you are right, people simply do not see an opportunity to earn money, because they see a constant drop in prices for all cryptocurrencies. Naturally, many investors are waiting for the moment when the market starts to grow and then they begin to buy cryptocurrency, no one wants to risk, but everyone wants to make money. |
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The government of the Philippines did the right thing to start integrating cryptocurrency into its country's economy. This will bring the economy of the Philippines to a higher level. When the governments of other countries see the positive experience of the Philippines, perhaps they will begin to introduce cryptocurrency in their countries and this will have a positive effect on all cryptocurrency.
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Good news for Bitcoin. If this financial instrument works, then investors will have a new investment instrument, banks will stop fighting with Bitcoin and start making money on it, and Bitcoin will reach a new level and its price will start to grow. We will follow the further news of Citigroup.
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Bitcoin awareness is really quite high today, but I believe that many investors and just people who want to buy Bitcoin are afraid to buy it, because they dont know how much the price drops, the more often we see negative articles that Bitcoin will collapse and more. I think that next year new large investors will come, who buying Bitcoin will push its price upwards and then all people will see that Bitcoin has started to grow again, and the desire to make money on it will encourage them to buy Bitcoin.
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The price of Bitcoin is influenced by a lot of different factors. Considering that the unfavorable situation in the crypto space as a whole is now natural, the demand for Bitcoin has decreased, but I am sure that as soon as the price rises as a result of the arrival of new investors, there will be a demand that will push the price up. The general revival of the market will facilitate the arrival of new investors, this is a natural process.
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The presence of MVP in a project at the ICO stage does not guarantee that it will necessarily become successful, but this is definitely a positive thing that forces one to pay attention to the project. But it is worth remembering that there are many interesting projects that are not having a MVP deserve attention due to a strong team that is able to ensure the success of the project. You should always take a comprehensive approach to evaluating a project before investing in it.
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Stellar is really developing quite fast and I believe that it will outrun Ethereum in popularity and show a multiple increase in prices due to increased demand. I like the concept of the Stellar project, his team took into account Ethereum errors and created a competitive product. The decision to activate the wallet by replenishing the balance is a positive difference from Ethereum, so that thousands of empty, inactive wallets are not created.
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This is good news for cryptocurrencies. Even if we take into account the fact that this network Coffee Shops in Europe began to accept cryptocurrency only with the aim of making advertisements for itself, it is still a good example for others who are afraid to integrate cryptocurrency into their business. I think that over time the business will more often start using cryptocurrency.
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If you purchased gold or silver and keep it at home in a safe, and not in a safe deposit box, then of course in this case your investment will be safer than a deposit in a bank. Invest in Bitcoin, if you believe in it, then you will get a lot more profit than by investing in gold and other precious metals.
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The price and capitalization of Bitcoin do not allow it to grow several times quickly in a short period of time, but if we take for example promising coins that have low capitalization and low price, then the growth potential of their price is much higher than that of Bitcoin. But it should be borne in mind that in the case of new coins, the risk is much higher than when investing in Bitcoin. In the world of cryptocurrencies, Bitcoin has a reputation as the most reliable coin for investing, but the choice is always yours.
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You are right, diversification is necessary in any investment, but as for the purchase of stocks and bonds, it is worth mentioning that not all countries can easily acquire them, especially if a person has decided to invest a small amount of money. Many people who came to crypto are not professional investors, and having $100- $500 does not make sense to think about buying precious metals, stocks and bonds.
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It is a pity that you got into such a situation! I also did not quite long ago in this market, but this did not happen to me because I chose the HODL strategy and was willing to wait a long time! For an inexperienced person, trading on the exchange is a huge stress with big losses !
This is the right decision, because many people come to cryptocurrencies and start trying to trade, but when they fail, they are disappointed in the entire crypto industry. Trading on the exchange should be done by people who have knowledge in trade. And for beginners, you can try a test trading account, practice and gain experience. |
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Even the presence of a public team does not guarantee that the project will be successful, and if the team does not even show its members, then it is better not to risk and not participate in their ICO even if the project seems interesting. Only a strong and professional team can lead a project to success.
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An interesting discussion turned out in this topic, but I really wonder if there are chances for Bitcoin to grow to $10 million? In financial terms, what should happen in order for Bitcoin to fill up and receive a capitalization of several trillion dollars? Many people do not even believe that it will cost one million dollars.
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