Definitely the right approach, whatever works for one person may not work for the other person and that is the real problem as well. It answers one question but opens up many more questions, like how do you know if you are a trader material person or an investor?
I personally had to learn it by doing it, I loved the feeling of trading but I was never good at it so I stopped trading and now I am an investor, not like I have too much money but I like to earn money and if I can afford it, invest a bit of it to somewhere when I can. How would you know if you are like me or a good trader that can make more money in shorter terms by trading? Nobody can really know without actually doing it yourself and test it, that way you can at least make sure which one is better for you.
like me, I also like trading, but I'm not very good at doing it. so, at the moment I am focusing on investment. but, even though I am not very good at trading, I sometimes still do it. Until now I feel that trading and investment go together in the internet world, especially crypto, so I can't avoid both. |
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This statement is true, the problem of scammers lies not only in the bonuses given, but also concepts that are too good to be true. however, I might believe when they do IEO in popular markets such as binance, because if they really want to do that, then they need to ensure that the project must be successful. however, some projects like that don't even have a really big partnership.
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I wish he is correct but the market right now is still not stable, the bears are here and bitcoin might fall below $5000 again, and with another huge dump, I am afraid next stop would be below $4000. Not a fan of following predictions by the experts, but I would be happy if he is correct, besides I would just accumulate again if that happens.
the potential exists today, but all of these predictions might change when the corona problem is over. however, I also believe that prices could be under $ 5,000 right now. Well, maybe for those who really believe this, the best step to take is to hold assets in the form of stable coins or fiat. |
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Well, it becomes a solution so that people refocus on their respective businesses. there are many reasons that the coronavirus that exists today makes many people sell their assets to buy basic necessities to avoid this virus. however, I think when drugs or vaccines from this virus have been found, people can return to invest legally. Well, many people panic and buy excessively basic necessities right now because this virus does not yet have a cure.
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The corona virus has been getting more attention all over the world, the cases of infections has been rapidly increasing so this could result to a more serious economic problem, and of course crypto is not expected to that.
however, we also have to look at the bright side rather than panicking with others, we are given now some great opportunity to accumulate, we should see that as soon the virus will be neutralized, the market that we love will once again recover and rise.
that only happens if the vaccine has been found, but I think it's really just a matter of time. however, I feel that this virus has a really big effect, even in all industries. people might panic and sell the assets they have. it's just that I don't think that the effect of this virus is affecting the price of bitcoin very quickly. I hope there is no more damage to the price of bitcoin. |
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many issues say this happens because of viruses and also think so. but, this is not the end, however, the current price is down, but still has the potential to rise. other than that, I hope, a cure for this virus will soon be discovered so that activity can return to normal, and if that happens, then the market will be back to normal. You know, the lowest price of bitcoin in 2019 is $ 3k, currently, the price is still $ 5k, and this is still better than in 2019.
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holding back using stable coins is probably a good idea. but, sometimes when the price drops quickly, there will be a bounce, so I am quite hesitant to buy a stable coin, and until now continue to hold the assets that I have. yeah, honestly I want to add to my ethereum, but I see that ethereum prices are quite stable in bitcoin prices.
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For Bitcoin enthusiasts, this may come to a panic buying let those weak hands do what they are really capable of. I guess this isn't a panic selling scenario as what fabiorem stated this is more likely a work of some whales. I can feel the excitement that it will be cheap again, bring it on.
for those who still have capital, I think they will be an opportunity to buy bitcoin assets. however, some people who hold bitcoin right now are still a bit panicky, because the price touched the price of $ 4k. however, I also still hold some bitcoin, but so far, I have not sold it because I feel that there will be a pump that makes the price of bitcoin rise above the price of $ 7k. |
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The panic continues, it looks like bitcoin is still not at dip right now, it could fall and currently its only trading below $6000, one of the worst fall of bitcoin in history and this is all attributed to the covid-19 pandemic. We thought bitcoin is a safe haven, but its not, people are panic everywhere so maybe they don't try to risk anything and put their investment in fiat.
It is really a strange move that BTC is now under $5000, fell very soon. So, the panic follows which we predicted to be happened. I see no reason behind this move other than people to be paniced seriously. I didn't think that the panic that is happening right now is bringing the price of bitcoin to $ 5k. so far, I have prepared for a state of panic, however, I would argue that the farthest price that can be reached is $ 6500, and that has little potential. however, looking at today's prices, made me realize that the panic that happened was really great. I can't speculate anything, because right now the price could go down to $ 4k, or it can go back up to $ 6k. |
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the current price has been a low price since 2020. Well, this makes people surprised and panicked because, in just a few days, the price of bitcoin reached its lowest point. honestly, I am not so panicked about this, because I still believe that prices will recover due to encouragement from halving. but, I might be a little pessimistic about the price of bitcoin which will recover this year. Well, I agree with the statement above that it is likely that the price of bitcoin will recover in 2021-2022. especially when the covid-19 virus is finished.
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Well, I will answer to the topic that Yes, but you must be careful before investing on any altcoin now. First, you need to do proper research about the coin before investing.
Indeed conducting a research is the basic thing to do before investing. Even btc and altcoins are declining now still dont choose a random coins just because they are at the bottom. If the market turns better, only alts with use cases and well established can recover back. Others will turn to shitcoins and lose their value hence think first. why not, I think the development of high bitcoin will make the price of altcoin better. I honestly am waiting for a fall in ethereum prices, but so far, the decline has not been so deep. the price reduction that occurred was only due to a decrease in the price of bitcoin. when bitcoin prices go up, ethereum prices will also go up, I'm pretty sure. Well, I talked about only the top altcoin. |
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I do not see any tangible benefit a trader receive for KYC but rather benefits the trading platform because it makes them to conform to the rules and AML of the country of origin. However, in most exchanges, this might be optional except you are the kind of traders that hold and transact huge amount of money in crypto daily.
however, KYC is required by the exchange to meet the regulations of their country. so I thought that was a necessity. in addition, with KYC, an exchange knows who they are trading with. in this case, we have the choice not to do KYC when we feel that it is not necessary or harmful because I think we can still trade, it's just that the funds we can withdraw are limited. other than that, you're right, that KYC is done for those who want to make a large withdrawal, and I think it's quite worth doing KYC. so, benefit or not it depends on the situation. |
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even though it is ranked 2nd and has a good development from year to year, it will never change that eth will beat bitcoin not in terms of market cap, daily volume and whatever it is even though eth development will be better continuously.
btc will remain standing at the top.
indeed I see it is very difficult to beat bitcoin because ethereum is somewhat not have a demand as high as bitcoin and maybe the influence of bitcoin and ethereum supply are very different so that makes bitcoin prices more expensive and difficult to be defeated by ethereum. well, even in the best conditions, ethereum cannot replace bitcoin, even more so if ethereum is still heavily influenced by bitcoin. so far, there are no coins that can replace bitcoin, even so, many coins that have long been rumored to be replacing bitcoin, but this has never been achieved. even when ethereum was upgraded to ethereum 2.0, I think the potential to replace bitcoin is very small, even non-existent. |
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actually I do not recommend it, it's just that I also had time to change my bitcoin to ethereum, or another altcoin. however, until now, I still hold it in. however, I think halving will have a big effect on bitcoin, and that will happen 3 or 4 months from now. if a pump occurs suddenly, then the decision you made is wrong. it's just that, if it goes down lower, I think that's the right decision. only then, you need to think about the best decision, keep or buy again.
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The problem is almost all new projects team will go against escrow scheme, they always want to be in charge of the fund, I won't blame them much though, there are few cases of bounty manager getting the whole tokens but failed to distribute to the bounty hunters
If thats the problem then do not follow that campaign that you dont have any securities that you will be paid. There many good campaign still available in the market you just need to make agood decision where to join if possible join them all in social media, so you still be benifited if one of them give you highest earning for participating. absolutely, apart from that, many good projects in the past that didn't even use escrow. I think it has become a habit to start a project without using escrow. true if it's hard to find a good bounty at the moment, but out there are some bounties that are still worth supporting. do research on the project that you will support, it is the only best way to choose a bounty with high potential. |
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I know!But how we can know which bounty has potential and what is shit?Even the legit ones has the possibility to fail.We cant be sure that the bounty we join are legit nor just a shit.Many projects now are failing only some become successfull.If you would join then choose wisely and ready yourself for the outcome.
Before choosing a bounty that must be considered is 1. Bounty manager 2. See the project website, must have a good team and partner I think those two things are enough to avoid shit project Well, those two things are enough to help us choose a project. but, there are other things when I identify the project, namely the market for the token, currently IEO is quite good in probit, while IEO in p2pb2b, vindax, latoken, and others, I avoid. a good project also has a market. however you identify it, the potential for a scam still exists, but this can minimize the scammer. |
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There is a speculative (investment) presence in the current bitcoin discussion scene. Only known and used by a few people.
If bitcoin really wants to become a universal currency payment system, how can we optimize the design for ease of use and make it easy for most people to get started easily and with low risk?
I think it's quite difficult to ensure that, especially if the price of bitcoin has high volatility and the rejection of the government as a currency. for now, it's okay to use bitcoin for the universal transaction tool, and people have realized that too. however, to make it recognized, I think it's difficult. some governments designate bitcoin as technological development and give warnings about the risks. so, to make that happen, we can only use it for outside transactions with trusted people, that's a way to reduce risk, and gradually make people use it. |
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today, I see that potential. ethereum prices are so close to prices under $ 200. however, I think this is really influenced by the price of bitcoin. when the price of bitcoin fell below $ 8,000, ethereum prices also declined, even in coinmarketcap wrote that the decline was up to 11%. I think a further decline in bitcoin will keep the price of ethereum below $ 200.
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It's not unattractive, but currently, there aren't many bounties that seem to have great potential. however, now people see partnership, and where the project will do IEO. if there is a confirmed bounty doing IEO on binance, kucoin, huobi or popular markets, and is supported by a popular partnership, of course many people will come back to support such projects.
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the real good sign for me is if bitcoin can stay for a while above the 200 day average. then we can expect to move forward  What does it mean to stay above the 200 day average? I think that a good signal will start with real information, like halving. after that, there will be a price increase continuously even though the increase is slow. however, the signal from the price of bitcoin is going up is, the increase is happening little by little. Until now, I thought the signal was there. |
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