Working hard will not always be a guarantee to make you rich because you will only make your boss richer. But it's different when you work hard for a business that you, yourself is the boss. I guess hardwork pays off if you own the business yourself and the effort you've made for that business is well worth it, when your the one to gain it all. Also working smarter is just doing hard task simple and faster. Therefore both is useful when working on something.
|
|
|
It doesn't matter what they're opinion is the important thing is you know after every price correction or market fluctuation crypto currencies tends to get back and recovers after a few months. They're opinion whether it's an trading expert or not it is only purely based on speculation. It's not rocket science if someone predicts that the price will recover.
|
|
|
That is because the lack of knowledge of people joining crypto currency. Newbie investors will just blindly throw away they're money on anything to good to be true to make easy money. This is one of the misconception of bitcoin they think they can gain easy money if they just invest on it, not knowing the basic understanding of it.
|
|
|
Ive been thinking of this as well what if the source of this fluctuations are the workings of governments, financial institutions and bankers trying to regulate bitcoin or destroy it. Cause as i recall ive read an article of some businessman said that year 2018 will be the end of bitcoin. Then all altcoin price started dropping. I think the cause of this is FUD news by manipulative media.
|
|
|
They have to update coinmarketcap to make accurate and reliable price analysis cause this issue might be cause of all FUD. That's why all altcoin are going down for no reason. All the web devs of CMC have to do is to scrape data from 100 or more exchanges to make accurate market price results or they're doing this on purpose.
|
|
|
Nope that's not the only reason. Recently bitcoin has been bombarded by lots of bad news this past few months like the recent sell out of worth $400 or 500 million dollars worth of bitcoin from a trustee from the Mt.Gox scam exchange. China banning all altcoin and ICO's, Korea also banning ICO and exchanges, india making it illegal. In fact its a miracle why bitcoin is still surviving.
|
|
|
It's hard to tell what might become the price of bitcoin and i have my speculations that it will reach the price of $100000 in 2020 because every year in the mid year like march of april bitcoin seems to surge and have a bullish run beyond our expectations that surpasses its previous price and reach new all time heights. So it's better to hodl then panic sell cause history will repeat itself.
|
|
|
The scaling problem of bitcoin has been there since bitcoin was only $1000 of course with it's growing adoption and growing user number. This is inevitable to happen but the devs and it's community compromise to implement an solution called lightning network. And there is nothing bad in hodling bitcoin because the truth is we all want to make profit that's why we invested in bitcoin.
|
|
|
I think this is all because the government is trying protect it's currency knowing that citizens are far more using into digital money than they're paper money seems threatening and they've become giants in bitcoin community. So they've have to take action to save their centralized currency from getting bested by crypto currencies.
|
|
|
First of all they wouldn't do those kind of things if it isn't profitable they wouldn't be wasting money paying people to advertise they're banner. So i can say yes signature/bounty/social media campaign's are helpful for an ICO project to be successful. Especially in social media were there are millions of people using twitter and facebook.
|
|
|
Well if you dont believe in it and have no hopes that it will be successful in the future just dont invest in it. But remember expect the unexpected in bitcoin where bankers, financial institutions, gold investor and fiat investors once told that it wouldn't last long and it's only a bubble that your only wasting your money. Look at it now.
|
|
|
I confirm that ive received payments, looking forward to working for the campaign further.
|
|
|
First you need to research some basic concept about trading like knowing when to buy, when to sell, what to buy and what are donts. Try to invest an small amount in an trading exchange there are lot of good sites out there like binance, cryptopia, coinut then try to trade some popular altcoins to so you can learn from it and even gain from it once got a hang of it then you can start trading other altcoins.
|
|
|
There are other legitimate exchanges like for example coinut it just started some popular altcoins are added like btc,eth,etc,ltc and xrm and other altcoins are still being added but most importantly the company is transparent and the ceo is approachable you can talk with him in twitter or have a selfie if your in singapore because the company it based in there.
|
|
|
It's because of your an idiot and decide's to sell out your bitcoin because of panic or FUD you will lose money instead. That is the concept of profiting. We tell people to hodl they're money cause bitcoin will surely recover and thus will enable them to profit when the price gets higher. That's is why it is important to hodl to actually regain the that you've lose money from the dips.
|
|
|
Bitcoin is still a developing and growing currency that is backed up with the millions of investor around the globe and yet it is still unknown to many populations of various countries and especially in the third world. Once those countries progress and people will have knowledge about it. It may be possible to reach atleast $90000 in the near future.
|
|
|
I could not really calculate it, i can only do an estimate in my country i think the number of people who knows bitcoin is also 10% because many people here still lack electricity and has only have enough money to buy food and others are starving. Considering that it's from a third world country and most of the population is an unemployed.
|
|
|
I think all will change if lightning network gets implemented were it said in it's proof of concept that they will remove unnecessary data in a block and move it seperately from a different on chain network so the transaction could be faster and had less fees. I think it's getting implemented as of now yesterday my transaction fee just is 700 sats for 0.005 of btc.
|
|
|
This downward trend of bitcoin has been ongoing for 3 months and bitcoin is experiencing some really tough challenges like the million sell out of Mt gox by some trustee and bitcoin being regulated by countries, china banning crypto's. But all seems to be reversing slowly cause korea has once again accepting crypto trading. The lrice will be bullish again next month.
|
|
|
This dire situation wont last forever as a wise man said "The storm always ceases" therefore bitcoin will surely rise again it happened before in 2011 to 2013 where the price sky rocket from $10 to $100 then have a short pause and fall down again then surge to $1000, according to the price charts. I think this red days is only temporary and btc will have a huge comeback.
|
|
|
|