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Even bitcoin is becoming more popular and is now having an improvement to it's price. Many people are still afraid in investing in bitcoin because they assume it is just a scam or a ponzi scheme and there are no any assurance when you invest in bitcoin. Some people also have difficulty, when it comes to understanding blockchain technology and cryptocurrencies.
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Actually other investments are also unstable, even fiat is unstable. But indeed Bitcoin price movements are more volatile,
so some people call it unstable. The reason is Bitcoin adoption is still low and there are still many countries that haven't
legalizing Bitcoin, making Bitcoin's future unclear, this makes Bitcoin price unstable.
Volatility is really the main reason why bitcoin and other cryptocurrencies are unstable and unpredictable, that is why it is hard to say when will the market will go up or down. But even we are in the middle of the pandemic, bitcoin have become stable in the $11,700 price that it doesn't go down below $11,000. It is also the reason why more people are buying and holding their bitcoins today. |
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PI network is a scam because it's application is a malware and it's too good to be true that you could only mine PI using your phone, but it would only steal your data in your phone. I also have heard that there is no recent update about the PI network, and it is why it still haven't get listed in any exchange.
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Congratulations to you mate that you have reached the full member rank in this forum because you have made a lot of outstanding contributions of contents or threads in this forum. I hope you would continue making this kind of contribution in this forum because you could immediately reach a much higher rank by the next few months. I am also motivated because of you and hoping that I could reach a higher rank. Unlike other low rank members in this forum, since the day the merit system was implemented most of them have lost their interest in learning and making contributions in this forum.
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No system or technology is perfect when it comes to security features. It is why we should avoid using our hardware wallet connected on the internet for a long time because hackers could easily have accessed in our hardware wallet if we are online or connected on the internet. We should also avoid downloading unsafe apps in our computers or laptop for our hardware wallet not to be traced.
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Lots of people talk about Warren Buffett when deciding to buy Gold, even though it's not our business. I don't care
with Warren Buffett willing to buy Gold or not, even now Warren Buffett has no desire to buy Bitcoin, it doesn't matter
to me. Since Warren Buffett wants to use wealth for his own sake, we have no right to influence him.
Indeed. Warren Buffet doesn't have any interest or desire buying Bitcoin, since the day people have invited and encourage him to try buying bitcoin because he thinks bitcoin is not suitable for long-term investment due to its volatility that it is very unpredictable. Unlike Gold, the value of it is much stable and better as a haven asset. |
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If someone has mistakenly sent me a 1 ETH, I would instead return it to the original owner because I bet the owner will have regrets and anger to himself. I also made a mistake back then, but I only accidentally sent an amount of 0.003 BTC, and the person that I accidentally sent didn't return my bitcoin. So don't do something to other people that don't want to do to you.
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Don't expect too much that trading bots will help you earn outstanding profits because trading bots can't outperform the crypto market that it is made for managing your portfolios while you are away. Automated trading bots are not reliable and efficient, that is why manual trading is still an effective way to make high profits.
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No matter if you are new, average Joe or an expert in cryptocurrency trading, nothing is guaranteed and very risky as well. Always put in your mind that you will lose most of the time in trading. Anything could happen in the market witout warning. Even technical or trading analysts cannot guarantee that their predictions are correct, due to the high volatility of Bitcoin and other cryptocurrencies in the market.
There are times that even if they’re so knowledgeable in analyzing candlesticks, chart patterns, etc., their predictions are incorrect due to the unexpected happenings in the crypto space (especially scammers who dump their coins or tokens when the time is right).
I have to be honest with you guys. I also lost a lot in trading. Because no matter what my decision is, risks are always there and no guarantees that we would win. What we should have in ourselves is managing our financial risks and always prepare mentally and emotionally when worse things happen. And of course, just don’t put all eggs in a single basket. Always diversify so that you’ll not get disappointed if one or a few would go down in value.
Indeed. Trading is a risk that whether you are a newbie, a veteran or a professional trader, you will always experience losses in trading because the market doesn't depend on you. Even you are analyzing the market charts or making predictions, don't expect too much that it could be correct due to the volatility of the crypto market, that is why trading can also relate to gambling because it is also about luck and chances. |
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Look into defi projects if you are looking for quick profit, there are many defi projects that looks promising, projects like Snx, OKS, there are other new project coming up daily, so I will advice you research mainly on defi projects.
Traders are making incredible profits in DeFi projects and other promising coins because of the DeFi hype, so it is a big opportunity to invest in DeFi projects. But you should be careful and be alarmed that scammers could take the DeFi hype as an advantage to trick investors and steal their funds. |
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Crypto currencies not really playing a big part in a country's economic status for now, gold and oil prices are also same for most of the countries. The economic growth depends on lot of factors that what you thing even the countries are still in development stage when they got every kind of resource because of population and poor management from the government.
But if you think about digital currency like bitcoin, you will be able to find out that many people are using it now and day by day people are joining with it. After some days, there will be a connection with bitcoin to economy. From my point of view, if mass adoption have increased in cryptocurrency or bitcoin, it could be now playing a big part in the economy because every country will be using bitcoin in their everyday use, so the price of bitcoin or other cryptocurrencies will now depend on the economic status. |
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I am also from the Philippines, and it make me upset because since the day our government gave away our island and started to borrow huge amount of loans in China. Chinese people who visit our country became so arrogant that they assume they could rule the Philippines and declaring it is now of their provinces. https://www.facebook.com/nasdaily/videos/2566227483691521/This video link that I have shared is from Nas Daily in Facebook, it showed me that a lot of countries are also struggling from Chinese loans. If countries don't have the ability to pay their loans, the Chinese government will take control of the infrastructure that they built with their Chinese loans. So I think this is also currently happening in the Philippines that Chinese are already taking over our infrastructures or our country as well. |
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The only problem with KYC is our privacy and our reputation that someone could hack their system and steal someone's information to used it in their illegal activities, that is why bounty hunters and investors don't trust KYC in new projects nowadays because it might turned out to be a scam project. But if there are minors that has an interest to gamble in a crypto casino, maybe requiring a KYC should be implemented, and parents should always monitor their children if they are getting involved in gambling sites.
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It's just good to see that a crypto once criticize but we smash them in the face as in times of crisis, crypto is stable and we stand out.
Long live crypto but I'm hoping the economy will recover.
Crypto is a lifesaver for us in this situation surprisingly it really is I thought things will be worse when the market is crashing but eventually recover and now stable, this makes us think and have confidence that Cryptocurrency is here to stay it bounce back in the worse situation much more when things are in better situation. Indeed. After bitcoin halving have occured in last month of may, bitcoin and other cryptocurrencies have showed stability and growth. While banks and stocks are suffering from the economic crisis due to the pandemic of coronavirus. It really showed that cryptocurrency can save our assets from losing it's value. |
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I think bitcoin is a digital currency that will reign superior the crypto market. USDT is just a second position to bitcoin and then the ETH. We can see that after a couple of years bitcoin still at the top from other currencies and it can provide us higher profit when it's value climb high unlike to a stable currency.
No doubt about it. After 10 years or more, bitcoin will still reign superior in the crypto market because it is the main model or the most popular coin in every cryptocurrency. Who knows what will be the price of bitcoin in that time or maybe Ethereum or other cryptocurrencies will have a chance to surpass bitcoin's value in the future. |
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I started from trading in Binance, since the day I met bitcoin and cryptocurrency. So Binance is the best trading platform for me because it is highly trusted and popular by every traders that it has the best currency services. I also read in other sites that Coinbase is the best crypto exchange for overall users whether it is a beginner or experts.
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Is the world going to change its rotation when he changes his mind?  It doesn't matter. He is just one guy. If it is Satoshi who is changing his mind (wherever he is) then I will consider giving a shit about it.  Indeed. Warren Buffet doesn't like bitcoin from the start, so I think many people wouldn't care if he would change his mind and start to buy bitcoin as an investment because he is just one guy that obviously it will not give a significant effect on the market. Most bitcoin holders only care about Satoshi if he starts showing his true self because many crypto users have a lot of questions about him and bitcoin. |
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The things that bitcoin has done for me that it helps me to become independent with my life, and I don't need to ask my parents to pay my tuition fees in college and buy the things that I want and need. That is why buying bitcoin is an opportunity for me to keep moving forward and reach my goals in life. Bitcoin has also taught me to have patience and control in holding my money and my investments in cryptocurrency for them not to go to waste.
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