People will comfortable using BTC when there are lot of countries accept bitcoin. Then, in this way the price of bitcoin may stable and we can use it as a payment instrument.
It would make more comfortable using it as payment option when they see that the price is stable and it is regulated by their government. If it is not regulated yet but still it is not illegal then it would just be alright for them to use it but then there would be others who would rather wait for their government to make it regulated so that they are confident that they can go to the department assigned to cryptocurrencies of there are some problems with it. Nevertheless, if they can see that their family or friends are using it then they will use it too. |
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What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
It is very difficult to say, how can the global crisis affect crypto.. this can have a very good effect, because if people are afraid of the crisis, they can start investing in other markets, for example in the cryptocurrency market, it will be a new experience for them, and then we can see a very good growth It depends then on how will people perceive cryptocurrency if it is the safe haven for their investments along with precious metals or it would just be one of the markets that people will leave because of the crisis. Traditional markets will suffer like stocks but we have yet to see the effects of it in cryptocurrency market. After all, it was created due to the financial crisis that happened 10 years ago so maybe it would be the safe haven then for all the investors in times of global crisis. |
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Well, the thing about investments is that you should it with the right amount at the right time. Your success with your personal investments stems from the time you invest to the time you actually told someone about it. If that person liked to invest the. The result of that investment would be way different than when you initially invested.
Just like in trading, timing is one of the crucial things to take into account so that you can maximize you profit potential. It is not about who invested first but who was able to invest in the right time. Take for example bitcoin. It is more advantageous for the person who invested month ago than the one who invested last December. If you have a good investment strategy though then you can prevent having more losses because if you are one of those investors last December but you consistently invested monthly then most likely, you are already in profit now or at least break-even. |
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Same to you, a lot of signal group that are scam and will lose your money through there fees, so instead of depending through signal good idea to make friends in the community and join, it's free no need for you to pay and you will have people to be called teams.
Yeah you right there are a lot of signals that can actually plunge you because it is very possible they are lying or wrong, actually you can join the group of traders who are on facebook, whatsapp, etc. You can join with free, you can share, learn, etc. the best choice will come from your own calculations I don't recommend joining signal groups because most of the time, they are just shilling you their coins and then dump to you later on. Although there are some signal groups that are good and give you some insights of what to buy and to sell and show you some good fundamentals and technical analysis, you should still do your own analysis and follow your trading plan. Just following them blindly will make you lost your capital than gaining more. When I am a newbie, I did follow some signal and lose more so now, I know better and make my own analysis. |
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Growth in number of investors assures that crypto currencies are doing really great. Number of countries who started looking at options availabe to adapt bitcoin and blockchain technology have really increased. Crypto currencies contracts are really playing an important role in reaching out every corner. This makes sure and promises to invest more into crypto currencies especially into a promising coins with beat projects including bitcoin. News do update us everyday on it. News.bitcoin.com, coindesk, cointelegraph are good news sites to look at.
Smart contracts gives all the industries an opportunity to use blockchain technology and possibly cryptocurrencies to their day to day transactions. People may not knew cryptocurrencies deeply but then if more and more industries use it then eventually they would be aware of its existence and may not even notice that they are already using it for their transactions. This would be the mass adoption and there may not be too many who know it as of now but then later on, especially if the price increase further, it would attract more attention. |
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So what it is that makes you invest in crypto? Is it because it caught your fancy? Is it the volatility? Is it because there is a need to fulfil in your life? IS it because you are a day-trader? Or is it fun?
I am investing for a very long time and when the new market opened i was curious to know about it and there were many gambling sites that allowed me to send the coins without any hassle took me to bitcoin a long time back and then i was hooked into it and since this is a new market it gives you the opportunity to make some good amount of money in a short period of time than the usual investment market . The key here is that it will take a lesser amount of time for your money to have returns compared to traditional markets but there are times that it will not work in your favor. Many people benefited from the fluctuations especially to the traders when volatility is a trader's haven because it means you will have many opportunities to have a position and then maybe scalp some for a short amount of time. The fluctuations are big as well that's why if you only target a small amount of profit, you will likely reach it in just a day. |
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People are too impatient, they know that the price will eventually recover but they do not want to wait, they want that the recovery to begin immediately and the market is not going to move the way they want it just because they wish it, they are the ones that need to adapt and most of the time they are not willing to do it and they pay the consequences of their actions by losing all their money while those that are capable to hold get all the profits.
The reason some people are impatient is because we are so used to faster transactions and something that is instant that's why many people join pump and dump groups because they cannot wait for their profits in the future and they want it now. They are burned for sure because of their greediness. People should learn to have patience especially in this kind of market because not everything will be instant. The market needs correction from time to time and as one have patience to wait for the right time, he would be able to reap the fruits of it. |
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I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
The older generations wanted something that already has stable value and cryptocurrencies are not one of them. I have also observed that most of the bashers of cryptocurrencies are oldies because they just cannot accept the fact that cryptocurrencies have value and a possibility of being very valuable in the future. They just want to stick in stock market which has been existing for decades and they already observed its movements. The younger generations are more aggressive when it comes to investing and the older generations are more conservative. |
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This way will only works for coin which has good project like Docademic and etc. It's a good way to buy a new coin in when bounty hunters dump their coin but there is no guarantee that the coin price will rise.
First thing to do is to always monitor the progress of the coin and then pay attention to the price when it is listed in the exchange. Take a look at the market sentiment and be a member of their community so that you will know what is happening. Bounty hunters only has a small share of the tokens available for trading so most likely, it is the investors that has the biggest contribution for the dump. You have to observe the price action and then buy when it seems like buyer has more volume than seller and then have a position. |
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I prefer to invest in ICOs that already have ready-made products for people to use, but such projects are very rare, and most of the time I prefer to buy and sell coins directly on the trading platform!
It's better if the team has already develop a product because you can try it yourself and see if it is worth investing to. Besides that, the developers would just need marketing to get more exposure and ask its users to suggest what are the things they need to improve so that more people would use it and then they can help more people too. This is the reason why telegram has raise a big amount because they already have an application that is use by millions of people. |
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as above, bitcoin went up but I am a bit bearish but was bearish last week and this today it goes up. how you view it? bearish or bullish? and why?
i think the real bullish will come, when bitcoin price breakout the strong resistant at 10K USD if not, the market capitalizations of crypto run above 400 Billion thats could be the sign of the real bullish in crypto market just my opinion  Well, it's possible that others are waiting for the price to go bak up to $10k again for them to have confidence again in the market. Seeing the pumps from time to time, someone is buying in bulks and it may be that they know something will happen in the near future that would trigger the price to shoot up. Maybe it will be the ETF that many are anticipating to get approved. If you look at what happen to gold when its ETF was launch, you will have an idea of what will possibly happen to bitcoin. |
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I think that there are least 1 token or project or exchange were born everyday! When I read ANN. Oh. I didn't research all. Maybe we have miss some good project.....Because there are too Project... I hate this thing on Crypto  Yes, there are so many projects coming out everyday and it is hard to choose what projects are legit and what is not. There are times when my point of reference would be the signature worn by high rank members or those I saw often because it would catch my attention. A big plus it would be to take a look at the project if the one wearing it is a trusted member of the community. Those campaigns that are paid in bitcoin are worth looking at too because they are willing to spend for their marketing. |
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Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?
I am not merely using bitcoin in exchange site currently because I use it to pay for bills so I am using it as currency and not just an investment. We have a local platform that accepts cryptocurrencies to pay for utility bills, credit card bills, and to use for mobile recharge as well, so I don't have a problem in paying such things. Although, I would have preferred to use my coins for investment, I cannot avoid such things to happen since I am short of fiat earnings at the moment. |
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To me I think the price of bitcoins have suffered losses and is time for it to rise but I understand most expert analyst is because of the Exchange Traded fund (ETF) of bitcoins coming into force is the major factor.
The decision of the exchange traded fund being lauch is getting near that's why some whales may have some insider information and are already buying because it it's approved then price will take off and they wouldn't be able to buy cheaper coins. The sentiment of the general public is also positive that's why it continues to go up. They are already tired or maybe thought that it's time to buy now because the bear market is long enough. |
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I started a small business, trying to establish it and my colleagues from the university who can hardly eat are shy to come closer to me when they see me doing my businesses. But later they will be asking me for money.So I asked why they do not want to start something small whiles looking for the white colour job?Most of them tell me that they are so shy about people insulting them that after university,they are selling at the street.I just smile at them and move on.
There are so many competition nowadays and it is hard for a fresh graduate to find a good job if he will not exert extra effort in doing so. It is their pride kicking in that they would not want to be seen doing things not related to the course they have studied. They are thinking that they should be working for a job that they have studied but then it is the real world and grades don't matter that much anymore. They should be street smart and find other ways to make money. If they gained experience then they would be able too find a job suitable for them. |
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if we think about energy today by using crypto is something that people may say is very bad, but nowadays people just want to live easier in doing daily activities.
We have to take energy into account so that we can live better. We may be able to ignore the effects of advanced technology to our mother nature but we can already feel the effects of it nowadays wherein there are more calamities and its effects are more tremendous than years before. On the other note, as currencies are slowly evolving, it does make our daily living more efficient because we can save time by uusing cryptocurrencies instead of physical notes but we wouldn't be able to let go of fiat since not every one can use cryptocurrency due to some limitations. |
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