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Cryptocurrency is a roller coaster ride but I am yet to see a 1000% profit in just days. Unless you are promoting Ponzi or scam, this will not happen. Maybe the price of bitcoin will rise into that value but it will take years before it will happen.
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we must prepare everything we need before start investing in crypto market.our capital not only money, but we still need to prepare another thing such as skill, emotion controlling and another else.
The most important part is the preparation of skills and knowledge in investing. Money can be earned or borrowed easily but skills and knowledge need time to cultivate. |
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This is just wishful thinking.I always see this quote, "past performance does not guarantee future performance." The same can be applied to bitcoin.
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The good thing about the bearish market condition is that you can buy more bitcoins. Thus, some investors did it and even made some FUDS to fully let bitcoin go down for more before they invested. Clearly this is what they want to buy more bitcoins. Now, many are worried and uncertain that bitcoin could not recover. However seeing the current condition make one to get encourage to invest again while bitcoin is cheaper.
So my point is that having a bearish market condition is not really bad at all. It means that you can buy more bitcoin and earn in the next bull run.
the bear market weed away the newbies, the ones who are only after the price and not the technology, the wannabes and the soft hands. The bear market also switches the focus from price to development. |
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Since the private key is exposed, there is no telling if the content of that coin is safe. Anyone who had access with it can just grab the keys and store it somewhere without you knowing. It is good as a token or memorabilia but it cannot store bitcoin.
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It is FOMO. That is why, as you can observe in the forum, there is a lot of hype thread popping up since the price surge started. This is to promote fomo and more newbie investors flock in and push the price futher up. This will continue for a while until the hype dies down.
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Many people was wondering if bitcoin can stand the test of time. They were waiting for the day they will announce the collapse of bitcoin. Trust me people yarn for its downfall. When the price of bitcoin dropped to 3.5K, I saw many antagonist of bitcoin and cryptocurrency rejoicing. I advice them that this is not the first time bitcoin has recorded that price and it was going to rise in no time. Now bitcoin has done it again. It is now around 5K and it won't remain there. It is going to rise beyond imagination and expectation. Bitcoin has done it before. To all the antagonist and babylons of bitcoin, never underestimate the power of bitcoin and cryptocurrency. Bitcoin has done it again and it has come to stay. Hail btc!!!
Let us not get too excited about this price surge. All this talk is creating unnecessary hype. First, this price must establish a good support first before it can go any higher. All this hype is creating is another bubble that can burst easily and does not give a good impression to new investors. |
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It is not just the volatility of the price of bitcoin or crypto in general. There is also a bad reputation gathered over the years because of the rampant use of ICO, crypto, and bitcoin in Scam projects. At the height of popularity of ICO to finance crypto-based projects, there are lots of investors that we scammed by scam projects. Now, even if you have a legit project, investors are hesitant to finance or invest in it.
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I fear that this might be the case if FOMO kicks in harder and a lot of people would be wanting to trade their bitcoins to get in on the action. It has happened in the 2017 bull run, though during those times the LN wasn't deployed or not even fully operational, and we might see some changes this time around considering that the LN is already up to take a chunk of the network's transactions. Volumes rising, together with mempool rising with a somewhat unknown cause can be a great indicator of what's to come in the market, though it can always go either way, always.
This will be the true test of LN and Segwit. Once we start a bull run, transactions will pour in by the dozens. I do not want to experience what happened to the network before where transactions get trapped for hours before getting confirmed. You need to pay a very high fee if you want to get confirmed fast. I hope these technologies will help to process transactions fast enough that we do not need to raise tx fees. |
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I also spend 4 hours without fiat money. It is very hard to get a life without fiat money. Still, I tried it once. So I share my experience. One day I went to a meal hotel. I went to the hotel manager before going there. I had to give him ideas about Bitcoin. I told him a lot about Bitcoin. Bitcoin was able to put it into virtual currency. But before that, there was some idea about Bitcoin. Then she expressed interest in buying Bitcoin. Then I said I have Bitcoin and I will sell it. But in return, I will not accept any fiat money. I'll eat your hotel's food and give you a Bitcoin in return. She agreed. And I paid a bill of food with Bitcoin.
Thank you
You should have a career in sales. I can't believe you sold bitcoin to someone completely unaware of bicoin before. Most of my experience when introducing bitcoin to a someone is indifference. If everyone have the same acceptance with bitcoin, adoption would be an ease. |
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Well, this bitcoin-laundry.com the site that you are talking about is a mixer site it has a reputation here to be a scam site. Scam accusation about bitcoin-laundry.com. If you use their services then you have been scammed already. ANN thread. That hurts. Hope OP did not sent a large amount to that mixer. This should serve as a lesson to others who uses services without verifying if its a scam or not. A quick google search could have avoided this headache. |
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They could sell your identity or use it for identity theft. It is not worth it giving away your personal information. We are in crypto because we like anonymity, so giving away your personal information goes against it.
Those who do KYC for penny usually submit fake information and IDs.
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The bitcoin community and its developers are the ones developing Bitcoin. The government has no role in it. The government though can greatly affect the adoption of bitcoin in their respective country. If they allow or ban bitcoin can deeply affect adoption progress. But nonetheless, bitcoin cannot be stopped because it is decentralized and no central government can stop it.
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Still too early to tell, it just has been 24 hours and the price is still spiking. It seems that no one has bought the pump yet even after reaching 5k levels for a while. It immediately went back to 4900 after reaching the 5k level. I say we can find a new bottom once we break in 5500.
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It is still considered a job to me since you get paid to do it and you spend your time doing it. But you cannot consider it as a professional job nor list it on your resume when you apply for a job in the corporate world. Whether it is a job or not, it is only a label. It should not affect the bounty hunters as long as they do their work and they are happy in what they are doing.
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There is a correlation between the bitcoin price movement and google trends. But you cannot use that to predict the future price because it works backward. By the time google trend shows up, the price has already peaked and you will be riding a downtrend already.
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Any suggestion for things that we could invest and make money at the same time
You have been a little bit late for your investment, the price pumps a little. If you want to put some investment you can look on some ICO's that is currently doing their sale, but make sure you are scanned it very well, you should look for their whitepaper and the team behind it although it will took time but it can lessen the risk that you may encounter. It is not too late though. The price just started pumping and there is a lot of space the price can grow. But before he starts investing, he should know the fundamentals first of the coins he wants to invest in. If he blindly follows all the suggestions here, that can end very badly for him. |
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I will give it a week and see if it holds or see if it breaks 5,500 and no dump is happening. The last time we saw a bull ran, it shoots from 5000 to 20K. This could be the same as well.
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Is this diary for your own consumption only? There is no way for us to verify your bets because it is in code. You do not have to detail how you make your picks, but it is more entertaining and educational for those who follow your thread if there is a way to verify that those numbers are factual.
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the problem and complain about KYC from bounty hunters and any ICO participant is that these ICO scammers are only asking for KYC documents to first pretend they are legit while they clearly are scamming and second to sell their personal documents on the dark net and make an extra amount of profit from it.
This is the same concern I am worried when joining bounty campaigns that require KYC. The information we are giving away can be used in identity theft. This is also the reason I stopped joining bounty campaigns. I used the first solution OP stated. There is plenty of campaigns you can join without giving away personal information. |
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