As my opinion market is to much boring due to G7 summit, I think whales are not interest to take any action at this time, Market can show us more activity after ending G7 Summit. ------------------ What's your opinion as current market situations ? -------------------- Yeah, unfortunately the market is having its most boring times lately. And it doesn't look like that it will change much soon also. Therefore, we should just continue to be patient I guess. I've really missed the times we saw Bitcoin price at $60k.
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Being rich has so many meanings. It is not just limited to having a lot of money. Even the amount of money to define oneself rich is different for people. To me, I'm really rich if I'm very healthy and have a lot of money. These two things should exist at the same time for me.
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I was really shocked when I saw the subject name. Fortunately, there is no such thing. Because this is a really serious action. El Salvador can't go back from this that easy now. And it shouldn't try also. It should determine the pros and cons after using Bitcoin like this for some time. Then, it can do whatever it wants with Bitcoin.
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I haven't funded any scammer yet but I always am anxious about this whenever I start searching for new and promising projects. I've been gaining experience day by day. I've realized that having a good experience really helps.
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It is really a good thing you said. But the hardest part is to be able to predict the correct time to exit. Because there is no obvious sign for it to warn investors. It is totally up to us, investors. We need some luck in this too.
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Work-from-home model is really the future of us. But this covid-19 period has sped up the process and we may see this happening mostly even earlier than we expected. Because many companies have already started using this model now.
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Making some investments into altcoins is really good. But I would like to underline the "some" word. Because not all of the altcoins are to be trusted. To me, there are really few coins like that. Maybe that's the reason why they don't want to invest into altcoins.
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It doesn't look like we will see such thing in the future. Bitcoin mining is getting greener as time goes on. At some point, there will be no dependency on fossil fuels and electricity I believe.
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Bitcoin's time is not just now. It is very promising at the same time also. Those who prefer to buy from the dip will benefit from it incredibly well in a long time period. Bitcoin is my favourite for investment purposes.
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As long as governments don't see Bitcoin at another level, it will continue to be taxed. And the tax rates have been really high so far. If I'm not wrong, the USA is one of the countries that impose the highest tax rate on Bitcoin.
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He tweeted that he was supporting cryptocurrencies against fiat money. But today, he indicated in one of his tweets that he is heartbroken about Bitcoin. He has been completely inconsistent. He just loses his supporters' trust by changing his mind all the time.
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Ethereum gas gees have been at a really nice level. We all hope to see that fees don't go high again. There is still no persistent solution about it. I hope that ETH 2.0 changes something about this. Investors must be unhappy about paying high fees.
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He can even change things in the market by just sharing something or sending an emoji in his tweet. This is really enough, man. He must stop doing these things at some point. At least, he must take a break for a long time.
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You may not give a shit about his tweets but unfortunately they are affecting everything in this market directly. So we can't overlook him just by saying something like this. He is doing his thing and will continue to do so. The best thing to do is to adapt to the situation and try to make use of it in some way.
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Yeah, Elon Musk gave a good opportunity for investors to buy more. But it is not a good thing at the same time. Because we also lose money when such thing happens. It will be better to see him stop manipulating the market. But I don't think he will stop.
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People were really hesitant about buying from such a high level before this big dump. But now, there is a really great opportunity to buy some. This is another good time to buy and HODL again.
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I also hope that this power will be gone after some time. Whenever Elon Musk tweets about cryptocurrencies, they are affected by it immediately. I want this to end eventually. Because it is really not fair. We lose a lot of money just because he said something.
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If it weren't for the recent manipulations, actually things were going really good for Bitcoin. There was a really huge demand and we were getting positive news about the market. So, I can't say that pandemic was bad for this market.
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I also agree with this assumption. Binance has had a really good impact on the coins listed there. But sometimes I also saw some coins that there was no change in their price also. But mostly, this is true yeah.
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Most people will say yes to this. Because there are many actions of his which can be shown as a proof for it. I hope that he won't continue to manipulate the market forever. It hits the investors really hard.
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