There is no need to be technical when you explain bitcoin to other people, you can explain bitcoin definitions from your experience, and you need a lot of knowledge to explain it to a new people so you don't confuse them, you need to learn about creating wallet, how many types of wallet, how to used, the risks, and explain what is the potential in the future, don't explain the volatility part to the new people because it will drives people away
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In my country the cock fighting is illegal and all type of gambling is illegal, but there are bunch of people still do this activity, and this gambling is not fun to watch, the cock bleed everywhere and the feather is falling off, in the rural area this gambling is quite famous and people still gambling secretly
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The price now is slightly better and on a very good positive uptrend and many investors already gaining trust and there are a lot of people considering this as the start of bull run, but newd to beware of the fomo and fud news that start coming out, I still doubt about the reason of the rising, hopefully this is the start of something good
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It is hard to define because its a sophisticated technology, but you can explain about it as simple as possible, you can just said it's a digital currency that don't need a third party, it could give people freedom to used, there are many ways to describe bitcoin, and it's easier to explain when you give them the example in practical
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My gambling capital is coming from the expected income, I set small portion of my salary to gamble and when I got bonuses I add the amount, but it doesn't matter where does the capital come from, the most important is the money that we used for capital is an extra money not the money that need to be used in daily basis
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I am still in the mood of buying and investing, I still think that crypto is a good investment, for long term I already decrease the buying amount but for short term I still search for the right coin to be traded, when you find the right momentum then don't be stand still and watch the opportunities go away
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Well greed is the in each human blood, so you need have self control in doing anything, in trading the first thing to have is the self control, greed has been causing people that already win become losing money, greed can cause people judgment become clouded and hoping for unreal things, if you still doing trading with greed one day you will lose all of your money
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Its not recommended to motivate people to but because bitcoin is a very risky investment when something goes wrong people will blame you, but when they make profit nobody will grateful to you and I don't believe government will store bitcoin as additional reserve, if the government really sure about bitcoin then they already legalize it
Spreading fud news by journalists is one of the government ways to keep people away from bitcoin, and it's the journalist job to make the news as controversial as possible
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Well there is still a chance that it will go down, but every speculation need to see the market situation for now bitcoin still rally to going up and it form a quite hard support, so to fall down below 3000 it will need time and some bad news, which is not happening yet, we need to keep positive mind, putting too much negativity will make you choose the wrong decisions
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Not it's not enough and sometimes different technical analysis will give the different result, you need to observe more detail by searching the news and follow the trend, having a lot of experience will give you better way to handle the problem, in my experience follow trend is better than technical analysis
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Within these several months, there is a bear market in cryptocurrency. As we know, USDT is a dollar-pegged token, each USDT is backed by one U.S. dollar without fear of market fluctuations.
But how can we use USDT to make a profit in such this market? The majority might say no.
Is there any decentralized wallet can do this for users in the case of ensuring the principal? wanna figure it out
You may not be right to say that we cannot make a profit from USDT. This is possible because in our country there is an exchange platform where you can make transactions to make a profit based on the USDT price difference. You can still earn profits from USDT. The chances for making profit using usdt is very slim, this currency is very stable and fluctuate really slow, its good to be used as currency but for trading or CFD it's not a good coin, usually people used the usdt features as the pair for trading, not to make any profit
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I don't find it's surprising, China like to make a controversial news but in the end will still do the things, if China stop mining then other countries will take the place so don't worry, as long as it can make money people will find ways to make it happen, and its good to not depend on China so much because the government is very strict and like to make a very tight regulation
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Before start to gamble I always set my limit and have a clear mindset that I am going to used that money for fun not to make profit, so when I lose I don't try to cover my lost by betting bigger, self control and discipline play a very vital part to keep you away from addicted
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Bitcoin is a very strong crypto currency for now, but it has been manipulated so many times, so people think that the bitcoin is losing hope and going to end soon, but for the one that really follow the news and the update of bitcoin know that bitcoin got a very positive growth and movement, so no matter how hard the hoax and fud news hit, the true believers will still standing and bitcoin will keep on growing
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Yeah the market seems a bit better the price also gradually increasing, the transaction volume also had been increasing, the signal also positive, so this Q2 seems promising for a a better future, hopefully it can continue rise like this and it's a good indication that the investors will back and bitcoin going toward a better price
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We only need the permit from the government, we actually don't need any regulation, bitcoin p2p transaction is the greatest transaction system, unfortunately not all governments are fond of this idea, they don't want something that they can't control, so in order to become big we need the government's permission and regulation also could increase the investors trust level
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Some of them making the prediction based on their feeling not based on the fact, data or chart, and there are a lot of different opinions, so it's the best to do your own research and invest based on your knowledge, the market is hard to predict the expert also can make the wrong prediction, so don't believe too much in expert prediction, this bullish is a bit suspicious for me, because the price is going up without any major news, so I think you need to be careful
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Bitcoin won't able to beat bank, and the government won't allowed bitcoin to take over banking system, the main idea of bitcoin creation is to create a better payment system not to overrule some institutions, and the economic of the country could be disrupted if it's using decentralised currency
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I think eth has already being trademark for smart contract for a long time and its not that easy to asked people to switch to other coin, EOS is not a bad coin and many people is fond of the coin to switch eth for smart contract, but its still too early for eos to compete with eth
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In my country the bitcoin payment is forbidden, but its okay for trading, so I can't asked anyone to pay me in bitcoin, the best things I can do is to introduce bitcoin to all of my friends and explain in detail what is the advantage and the future of bitcoin, spreading knowledge about crypto currencies in social media and asked people joining seminars
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