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This is good news. More stores, companies or industries that accept crypto as a means of payment will have a good impact on cryptocurrency. crypto requires real use in order to be adopted. and in my opinion if many crypto holders who use crypto for real shopping will be able to increase trading volume and also increase the price of coins.
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storing our coins in a hardware wallet is a good choice. because saving at the current exchange is very risky several times large exchanges such as binance are also hacked.
and I think you did the right thing to divide your money into 2 parts. 1 part for bitcoin investment and the rest is stored in stable coins. and I suggest choosing USDT stable coins. I think USDT has better liquidity compared to DAI. and currently USDT is fourth in the CMC list. so saving money in USDT is the right choice.
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bitcoin has been around for 10 years and has become a valuable item for us. the importance of bitcoin to me, because by investing in bitcoin I can finish building my house and I can also pay off my debts from the benefits of bitcoin investment. so bitcoin is very important for my family. bitcoin has become my second source of income after real work. and I also taught my wife to invest and work in cryptocurrency so that even though she doesn't work outside the home she can still make money with bitcoin.
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if there are people who can speculate correctly and precisely without seeing technical data then maybe it is a gift that God has given him. but if we are not experts in speculation then we should always observe and look at technical data in earnest and then speculate. if our speculation is not in accordance with reality, then we must be patient to accept it. and make it as a lesson. so that in the future we can speculate correctly.
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I think this topic has been discussed very often. if you can search for answers on the altcoin discussion page. but I will still answer it in my opinion altcoin which will continue to grow in the future is ethereum, litecoin and binance coin. I have examined that all three coins are special. I am sure with the characteristics possessed by the three coins that they can last a long time in the altcoin market.
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Many people keep saying bounty is over, the bounty has no future! I just want to say shut up your mouth, please. You know nothing. Bounty is still good, a regular bounty hunter is still earning good money from it. Just research this year. From the first month of this year, a regular bounty hunter got money from IRONX, VANTA, MiraCletele, Harmony, Coinhe, SERO, Tokoin, and so on. They are leading their life through bounty earnings. Bounty reward is not like before, you have to forget the golden time of it and try to use to with the present condition and keep doing good bounties. Good Luck Hunters.
yes i agree with you i think the bounty project, ICO and IEO are not over yet. although 90% of ICO projects are scam, there are still a number of successful ICO projects. although the payment for prize hunters is not as much as in 2017 I also remain a bounty hunter. being a bounty hunter is my side job. from the time I run out for things that are not useful I better use to work on the bounty project. |
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in my opinion bitcion is quite difficult to reach $ 10k by the end of this year. right now we are in December and bitcoin prices remain at $ 7k. but I did not give up hope
bitcoin is very volatile and can go up and down suddenly with large volumes. there is still hope for bitcoin to reach $ 10k by the end of this year. I'm sure bitcoin can pump again. I'll be patient and wait.
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yeah i think sending bitcoin as a christmas present is a good idea and useful especially for crypto users. of course they will be happy if under their Christmas tree we put a card and write merry christmas open your wallet I send some bitcoin to you.
but if our relatives or friends are not crypto users then I don't think giving a bitcoin prize is a good idea. better if we provide clothes or jackets with the cryptocurrency logo. at least they will later ask about cryptocurrency and hopefully they are interested and join in cryptocurrency.
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in fact no one knows for sure whether next year bitcoin will pump or dump. so I also don't know the decision you've made is wrong or right?
but I am also optimistic that bitcoin will pump next year because next year bitcoin will be reduced by half. and if we look at the history of bitcoin, bitcoin is always pumping after being reduced by half. so I think now is the right time to buy bitcoin. I hope your decision to sell a motorcycle for bitcoin is the right decision.
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in my opinion this question has often arisen and until now there has also been no definite answer how to prevent us from entering into a scam project. we can only be careful and always scrutinize whitpaper, team work and road maps in earnest before joining the ICO project. but this also does not guarantee that the ICO that we follow is not a scam. in my opinion it's better to invest in the top coins than ICO investments. investing ICO now is very risky.
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in my opinion it's better not to invest in coins that don't have liquidity. because indeed the daily trading volume can be falsified. it's better to choose the top coins that already have community, trading volume and liquidity. investing in new coins is indeed very risky. it's better if you want to do daily trading then invest in the top coins like bitcoin, litecoin and binance coin.
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in my opinion bad news affects more quickly than good news. and I don't think we can make news without real facts. so if we are going to make positive news there must be facts.
in addition to news fluctuating bitcoin prices are also influenced by the popes. the whale can always manipulate the price of bitcoin. they sell and buy bitcoin in large quantities so that it affects demand and supply.
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yes you are right op anyone can speculate about the price of bitcoin. but the market will decide whether prices go up or down. and of course everyone certainly hopes the price of bitcoin will rise later this year. and it's easy enough for bitcoin to reach $ 10,000. but we don't know when that increase will occur. I always educate myself not to expect too much about the increase in bitcoin because if expectations don't match reality then it will make us feel disappointed. better hope naturally. I always sell my bitcoin when bitcoin has increased by a few percent 30% or 40%.
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bitcoin has opened up jobs for many people all over the world and has also created some new wealthy people. but I think even though bitcoin has provided many benefits for us holders. the government will not be able to directly replace their fiat currencies with bitcoin. because many things need to be prepared to replace fiat currency with bitcoin. and also our people are used to using fiat money so I think it's quite difficult for them to switch to using bitcoin. bitcoin is a fast way to get more fiat money. but in payment we will still rely on fiat money.
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yes you are right op not all altcoin is bad. altcoin still has the potential to grow and develop in the future. now I also choose to hold the top altcoins.
it's just that currently the crypto market is in a bad state so that almost all altcoins have decreased and lost their value. but I believe that when bitcon goes up, the altcoin market also pumps up. we must be patient.
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
yes I think that opinion is true only altcoin has a use case that can survive in the crypto market. if altcoin has real use then trading volume will be high and coins will last long on the crypto market and can be adopted in bulk. at the moment I also only invest in top altcoin. because investing in new altcoins has a great risk because most new altcoins cannot last long on the crypto market. |
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That's the thing. The only people gaining are the people that initiated the pumps. They're smart. As soon the shit coin goes up buy 10-20% they sell to people buying after the 10-20% up. Anyone who buys after that is stuck with those coins because no one is going to buy a shit coin that is up that much. They end up selling at a huge lost (sometimes 70-90% lost). It's a scam that works well for people who organize pump and dumps. The FOMOs are trying to get rich overnight, but ended up loosing everything. I wish people get it that only trading / investing in Bitcoin will bring you profit. Only BTC's price fluctuate to the point where you can make nice profit trading with even $500. It's going to take a while to build up the profit, but it's almost always a sure thing. that's why now I no longer want to invest in new coins is very risky. I have experienced two large investment losses in new coins. the price only went up 2 times after being registered in the exchange then after that it continued to decline and become shitcoin. better to invest in bitcoin I think is more profitable and safe even though we have to wait long enough for bitcoin to pump again. |
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since the first time I entered bitcoin cryptocurrency it's like this can go up and down for no reason. bitcoin volatility is common. so I don't think we need to panic. and it's unlikely that bitcoin will crash because bitcoin already has a large volume of trade and community. bitcoin price reduction of $ 100 - $ 2000 I think is not a crash. believe after a bitcoin dump will pump again.
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yes, strong countries like China and the United States are always trying to stop cryptocurrency but in fact they have not succeeded in stopping cryptocurrency. they prohibit crypto because they think crypto can threaten the sovereignty of their national currency.
now that crypto has developed rapidly it will be difficult to stop it and every year more and more countries are finally willing to accept cryptocurreny and blockchain technology. so in the future in my opinion there will be an increasing number of countries that accept crypptocurrency.
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Ever since Bitcoin and other cryptocurrencies became a hit within the mainstream world, governments have been quite skeptical about them. Despite the promise of crypto to bring trustless payments to the world in a frictionless manner, governments have taken every effort to try to prevent its growth worldwide. As of now, centralized exchanges dominate the space where they're subject to KYC/AML laws. There's literally no way to prevent government surveillance except for P2P trading (like Local Bitcoins, etc). Considering that centralized exchanges serve as gateways from crypto to Fiat (or vice-versa), they've been the targets of governments worldwide. The main concern of governments is tax evasion and money laundering. Sometimes I wonder why governments want to tax our cryptocurrency funds if they're not considered as money by most people worldwide? After all, crypto's nature is a highly unpredictable and volatile one. It seems to me that governments want to profit from this venture more than anything else. Any other cryptocurrency which prevents them from "taxing" people, would be considered illegal to them in the future (like Monero, and other privacy coins). Which is why, I believe that crypto taxation is more of a problem than anything else. Do you agree with me? What are your thoughts?  Of course I don’t want to pay taxes in cryptocurrencies, but if governments can get some taxes from it, then they are less likely to try to ban them. In other words, taxes may not be an entirely bad thing for the health of the Bitcoin economy. whybwe should worry if government attract taxes in cryptocurrency market. Actually we get many benefits if government do it , atleast they will not banned crypto exchanges and it give us certainity in our Investment. No more when we get this , investor will put more their money and market capitalization recovered again. yes i agree with you i think it doesn't matter if the government imposes a tax on cryptocurrency. because indeed most countries rely on taxes as the country's main income and taxes used to develop the country. the important thing is the tax that must be paid is not high and the crypto tax payment process is not complicated so I'm sure crypto investors will be willing to pay crypto taxes using fiat money. |
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