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In terms of being the best coin for this year and all time, nothing can still compete with bitcoin. There's no other crypto that has gotten near bitcoin's success and achievements so it is much advisable that if you are looking forward in gaining much profit, you should start investing on bitcoin while it is still on dip. Do not waste the chance, grab it and start holding. Just be patient and you will surely receive the amount of profit you want to achieve and it can even exceed your expectation. If bitcoin is too much for you, start wandering and see other people's opinion what altcoin would be successful this year up until the next.
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No contest, China is the biggest influence in the Asian region. I think them having the bigger population and having more mines than any other countries is enough to bolster the fact that China is the biggest influence to bitcoin even though they are now cracking down on mining, they still have the lingering influence.
Unfortunately, China is on its move on banning crypto services and mining within their territory. If only that was not the case, considering how powerful and how wealthy the nation is, they will surely be considered as the Asian country that has the greatest influence over bitcoin and other crypto as well. Regardless, the citizens of China will surely still find a way on how they can still access crypto as well as mine secretly which will make an impact still towards the market. Let us hope their decision will be stopped or be temporary only because they will be of good help to crypto if they would allow the regulation of it. |
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Bitcoin has been known now globally and other countries are trying to slow down the inevitable bitcoin as future money. Yes, government do afraid of bitcoin consumption fear of getting their people into which believe that bitcoin is scam.
Well, let bitcoin transactions talk and not the people that are good for nothing scrutinizing bitcoin. If we will make a scanning on the blockchain, millions of dollars worth of bitcoin has been has been transacted everyday which means that bitcoin is something they try to avoid but they can't stop the people in using bitcoin.
So why bitcoin as future money?
We had been already having enough the issues of centralized currency. Banks made abuses of their clients which is a complete difference when using bitcoin as decentralized currency. Whether they like it or not people will always chose what's best for them and that bitcoin is worth it to try.
I am not saying that centralized currency should be remove instead I am trying to emphasize the freedom of an individual to use whether bitcoin (decentralized currency) or stable currency (centralized currency like dollar).
Again, government trying to slow down bitcoin and other cryptocurrency but they can't stop people having faith in the future money which is currently happening now in the present.
Am I right? What do you think?
I see that we're all trying to be optimistic about having bitcoin as the future money or something that will soon replace fiat. Although it will be hard, we can somehow be certain that at some point in the future, we will see that happening. Maybe it can occur whilst reigning beside fist where in the two will be compatible on making the world's monetary system much better. There's nothing wrong with hoping but we should take considerations first of the circumstances that bitcoin might face as it approaches being a legitimate currency. |
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Hi everyone, I want to learn about Bitcoin and investing. I need help on how to go about investing in Bitcoin which I don't know if I can take the risk. I have $3k which I want to keep in the bank but I'm thinking of investing it into Bitcoin. If I purchase Bitcoin now, is their any way I can profit from it from now till next year May? I am planning of using the money next year for business.
Should I take the risk of investing in Bitcoin now or better still put it in the bank?
Will I lose my money if I invest now?
Considering the current dip, it might be a good opportunity to start investing right now. You should assure first that the money you will be investing is the amount that you can afford to lose. No matter what, entering crypto is a risk, it's just a matter of being wise and strategic on when you are investing. Those who do not have enough patience to wait for a perfect timing will keep on losing what they risk so make sure you have the perseverance and focus before committing in an investment. The value of bitcoin is very volatile so there's a chance that the money you invested will decrease or increase depending on the current market situation. |
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Cryptocurrency is a new trend in the modern financial economy, and it is an Internet-based medium of exchange that can be traded using cryptographic functions.
The decentralization and transparency of cryptocurrency makes it free from government supervision and control, and it is the owner who controls own wealth. The benefits of cryptocurrency make many new users to invest in it, and it has been accepted and recognized by more people. Some countries have banned bitcoin from the beginning to now accept and use it, and some countries use bitcoin as legal tender.
With the passage of time and the increase in value, will cryptocurrency be used in the world instead of fiat currency?
It would surely take a while before we see that happening especially if we would take consideration of the current banning and restrictions made by many countries towards crypto. Since the government controls fiat and it is only them who has the power to allow the regulation of cryptocurrencies, as it seems like they are still against the use of it would mean that crypto will not be able to replace fiat for now. Crypto holds too much financial freedom and decentralization as well so it's not really surprising anymore to see the government restricting the use of it. Maybe someday soon, as things get settled between crypto and government, we might see that happening. |
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During this time of crisis, such good deeds would mean the world for other people specially for those who are not blessed with a good life. As we're able to get this opportunity of knowing and earning from crypto, we should stop being selfish and start being considerate for the less fortunate. The pandemic made many people lose their source of living and it massively impacted their social status wherein some of them are even just barely surviving. We should help each other out as much as we can. Let us just imagine how helpless we could be if we were in their situation.
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Newbies in the forum can be compared to an infant wherein curiosity is all over his head and as you feed them with proper and legitimate information, they start growing and starts becoming useful. In terms of mentoring, you don't really need a certain individual alone, you can receive all the kinds of help you need in the forum from different people. If a question comes in mind, do not hesitate to ask, it would be better to try than to gain nothing because you let your shyness take over you. Just be careful with the knowledge you are in taking cause not all can be trusted so choose wisely whom you'll listen to.
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if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following: - You follow a persons advice through his social account post example is Elon musk
- You still believe that a certain coin will come back from the dead even though you already knew its a scam
- you just follow your instinct and never make single research
- emotions still control you to decided
mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it. There are a lot more other reason why many people are still losing money in crypto. Aside from what you've mentioned, lack of interest and effort can also be one. Dedication towards what you are doing plays a vital role when investing in crypto. It will dictate how well you're going to do at it as well as the hard work you will be exerting to be successful and avoid experiencing losses. I agree that you should not always rely on luck considering that the probability of losing will always be there and you cannot also be certain about it since you are just letting fate decide on what you're doing. |
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whether investors' appetite for risk assets has decreased due to the surge in global coronavirus cases. The majority of the six cryptocurrencies with the jumbo market capitalization and most liquid transactions monitored are in the red this week.
We still cannot expect much from crypto right now considering the crisis it is currently going through. With all the news about crypto getting banned on some countries and having some countries starting to regulate the use of it, for sure investors are very much confused on what action should they take with the current situation. There are also spreading of FUDs recently which is actually quite normal in the market yet it makes an impact to other investor's decision making. The market might still stay being red for a while but we should never lose hope because it will soon recover once again, we just need to be patient. |
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
In my opinion, I think upon identifying which one is better, it will rely on the set of skills and knowledge you have. If you've learned enough information about trading, therefore it might be more suitable for you as you can apply all your learnings to be successful on that one. On the other hand, if you have more idea about investing, then choose it so that you wouldn't end up looking ignorant in trading as you push yourself through it when in fact you can do better at investments. Timing will also play a huge role for the two cause there are instances where investments are better at a certain time or vice versa. |
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For me, it is quite controversial that a vaccine was made for a virus that appeared a year ago. There are a lot lf illness out there that has no vaccine up until now like HIV and Dengue. The logic is there already and you should just carefully analyze it. If there's no vaccine for such ailments, then for something new it should appear quite impossible already. It can be just a cover up to remove the fear of the people at some point and make them bring back their confidence on going outside without the fear of getting the virus. Nevertheless, we should respect everyone's opinion on whether they will get the vaccine or not, let us respect their decisions behind that.
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It has been an inquiry of many before due to the fact that when one encounters death, his bitcoin will be left on hold forever. It could be a very great help for someone who wants all his hard work go to nothing specially if he is doing it for his family. It might seem unnecessary at some point but it would be a huge deal for those who would like to secure their family's future. Nevertheless, it would still be best if you yourself make an advance plan about it when encounter's an unexpected death.
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It is simply because of the danger it imposes to a certain economy considering how much financial freedom it gives to people. They tend to choose to go against bitcoin because they are too afraid to accept the fact that at some point, it can save a country's economy and make it improve after just a short period of time. Nevertheless, it doesn't remove the fact that bitcoin is a risk that a country should never take right away, it needs to be thought through before committing completely. Soon they will see how useful bitcoin can be and start agreeing with it regulation in improving the economy.
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Aside from the things you've mentioned, you should also pay attention to the team of the bounty campaign you will be joining in. If it is someone unfamiliar and you can sense they are not legitimate, make sure to stop yourself from selling right away. Also, you should make sure to read the white paper of the campaign carefully, see if it looks worth your trust as well as beneficial in some ways. Make sure that the service you will be providing will be worth the money they will be paying you which means it should all be quality posts that meets the requirements of the campaign.
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If nothing changes at 2019, then keep on trying next year. As we can all remember, year 2019 was never great for crypto but after just a year it was able to make a huge come back that exceeded each and everyone's expectations. Everyone should have learned from this and figured out that no matter how dry the market has been for a very long time, eventually things will soon get better as long as you wait patiently. That's how it usually works for crypto, it's a battle of optimism and perseverance in order for you to become successful so if you feel down with your investment right now, heads up cause greater things are about to come.
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What do you guys think about this? I have friend in China and they told me that their government don't want people to mine any more even if you decide to pay them 10% of your mining reward or pay more electricity bill, their plan is no more miners in the country, what do you think is going on here?
My own reply is the government don't want self made millionaires, they want more workers for the government and crypto mining isn't making that happen, am I wrong?
Recently, China's decision of banning crypto usage in their country has been making so much noise and it has made a huge impact on bitcoin's price after the news came out. There are a lot of possible reason behind this decision and one of which is that the government is secretly investing in crypto and are trying to take all the possible quantity in mining. It can also be because they are preparing for something bigger wherein after a long while of restricting crypto mining, they will open up to the world that they will be regulating crypto. China is a powerful country and they will do anything to lead the world in almost every aspects. |
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The giant whale, as its name implies, refers to a super huge whale. When this kind of ocean king appears, the sea can always set off huge waves, and one bite can swallow tens of thousands of small fish and shrimps. If in the world of Bitcoin Here, will they have a sense of responsibility for the healthy growth of Bitcoin? And I saw the huge volatility of Bitcoin, their teeth are like sickles, without leaving a drop of blood. I really don't want Bitcoin to be their tool. Will they control more than half or even more of the 21 million Bitcoins?
Bitcoin has always been linked to speculation and speculation. Bitcoin’s hype and currency prices have fallen dramatically. Investors who buy Bitcoin have their property infringed, which may lead to "the transmission of personal risks to social risks." At that time, Bitcoin will be What's it like?
I am not a pessimist, my faith in Bitcoin will not be shaken
What do you think of this problem?
The problem with having Giant whales is that small time and even big time crypto enthusiasts ends up losing their opportunity whenever the whales are manipulating the market. If you'll think it through, why would someone need to hold too much bitcoin without even considering how much it may help others if they just let it circulate continuously. Considering the amount they are holding, they can move the market whenever they want to and it is clearly unfair for many. Maybe we should start strategizing on how we can beat or still win as they play their game, unfortunately we have no choice left about it. |
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Bitcoin evangelist has always attributed Bitcoin to be a safe-haven asset, while extreme fanatics believe that Bitcoin is far better than gold. Bitcoin was born in the wake of the 2008 financial crash as a libertarian currency and as an instrument that could help cushion the event of a future financial crisis.
Since Bitcoin is purely a speculative risk asset, many people have doubted its position as a purported safe-haven asset, I am not one of them anyways. However, since Bitcoin hasn't witnessed a global recession yet, I feel Bitcoin hasn't sufficiently defended its narrative as a safe-haven asset.
As the possibility of a global recession intensifies, what's your take on the possible performance of Bitcoin? will it go down with the traditional market or will it defend its name? I am very much interested to know.
Your definition of bitcoin would more likely rely on how you use it or how it functions in your life. With regards to bitcoin becoming a safe haven asset, it will also depend on how well you are securing as well as making decisions that protects and increase the quantity of bitcoin you obtain. Over the years, lots of people took risk in crypto investments not only because it is on the trend but because they saw lots of people's life changing over time which makes their trust for it increase even more. Bitcoin's performance will keep on getting better but for now we have to endure the crisis we are facing and be patient. |
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The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
There are a lot more things that people learn from experiencing a crashing market. Aside from learning not to be greedy, they also learn a lot about patience. It is indeed a virtue and it offers lots of benefits as well as profit if you'll get through with perseverance. Greed might be hard to resist considering how much life has been unfair to many but one must know that it brings nothing but much more losses. If you really want to experience crypto's greatness, it would be best you start being strategic and mindful on everything you are doing so that you wouldn't regret it in the end and it will lead you to success. |
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Most people in the world do not get the chance of doing anything remarkable in their lives. Many may do things that are significant for them, but usually, chances of doing something that will change humanity, its culture and its way of thinking are remote. People involved in the French Revolution, artists in the Renaissance, philosophers in ancient Athens, ... they did things that left the world changed.
Most of us have some bitcoin. A few have a lot of bitcoin. Just think that for any reason, in 5 years or 10 years, something happened that dropped bitcoin value or made the network unusable or whatever event or combination of events made it impossible to use it any longer. As far as I am concerned, I can say "I was there and, at least, it was something great and I was part of it". When bitcoin fades, the way people think about currency, self-governance, trust in a system will have changed forever. And you will have been part of it and be able to say "I did something great and it changed the world".
As long as you know in yourself that you didn't waste the opportunity of knowing and learning about bitcoin and other crypto, there's nothing you should regret about. Not unless you gave up midway and ended up witnessing how crypto became successful after a long while of dumping. In life, you do not get too many chances or opportunity of having something that helps you big time so once you had the chance to cherish and nurture from it, grab it and don't let it slip away your hand. Regrets are always at the end so pay attention with your decision making in the present. |
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