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The total number of bitcoins is 21 million, and according to Google, the world's population in 2021 will be 7.8 billion people. if we partition bitcoin, then each person can have approximately 0.002 BTC for each person. these are just raw calculations, without really accurate data. However, we know that it is possible for bitcoins to be shared for every person in the world. it's just, the real point is people are going to be trying to get as much bitcoin as they can get their hands on, and you can get bitcoin for a lot of money when everybody's using it.
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Lately majority of people find theirselves within the crypto space, but many of them do not really understand the actual reasons for adopting crypto currency other than to make profit, what are your own reasons for adopting cryptocurrency?
I think that crypto technology is a business, so one of my goals is to make a profit from it. even a developer of a project also has the main goal of getting profit. Maybe another goal is to be able to understand more deeply about this technology. However, other goals will definitely keep coming, and end in increasing profits. I think that's the main goal of all of this. |
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very much advice not to adopt meme coins. There are quite a lot of very risky things about the new meme coins. Until now, there are so many meme coins that end up being scams. So, people tend to give advice not to adopt this type of coin.
However, because of the pretty good profits in a short time, many people choose to take this risk. they try to take advantage of the short. it's just that, quite a lot of new investors think that meme coins can have very high prices. This is what makes meme coins very risky for someone.
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If you are a malicious person, you can use Bitcoin to commit crimes. This means that intent is one of the important things that determines the purpose of a tool.
Yeah. If I am a bad person, then any tool in front of me will be bad, whether it is knife, fiat, bitcoin, or altcoin. As a result, Bitcoin is only used as a scapegoat for bank crimes. Well, basically, it's not the bitcoins that are evil, it's the people who use them that can use the bitcoins maliciously. If someone thinks like that, then altcoins or even Fiat can be described as a bad thing, because until now so many people use Fiat for bad things. So, I think people who think like that don't really understand bitcoin. |
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if we teach this technology to older people, then I'm pretty sure that everyone will have their own views. it could be they are interested, it could be they are not. We know that older people prefer real estate or real business, but it would be wise for them to learn about and be interested in this technology as well. My suggestion is, if they are really interested in technological developments, and are looking for a place to invest, we can introduce bitcoin technology to them, but if not, then I don't think we need to explain it any further.
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If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.
what is your opinion about this?
the potential to reach a price tag of $100k is huge. If bitcoin is legalized, and accepted worldwide, I think there will be very many large companies that also use bitcoin for their companies. this will increase the number of communities and consumers, so that bitcoin will be increasingly sought after by people whether for investment use or other things. that would significantly increase the price and would probably be over $100k. |
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We don't know if there's been a follow-up dips or not, but if your goal is to hold off in the long term, it sounds like starting now wouldn't be such a bad idea. the market will always be confusing, and you will always be weighing when to enter. However, if you really believe, you just need to choose a good and popular coin, then hold on to it in the long term. you can start now. but, if you are still in doubt, you can analyze how the chart is moving at the moment, but I think it will always change.
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Well, so far, real estate is a very good investment. So many millionaires have used real estate to their advantage, and it really does. Apart from the small risk, the value always increases every year. I think increasing real estate investment before retirement is a very good strategy.
Until now, I am also still trying to combine crypto and real estate. We know that crypto is also a good investment and fast in terms of profit. Those profits can be funneled into real estate, and I think enough people have tried that, and not a few have succeeded.
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Do you use VPN proxy?
Specially If You are Country Where the laws not Crypto trader Friendly?
Do You hold Ur machine or wallet in better juridical locations?
If you're using an exchange I don't think a vpn is needed. Because in every country where crypto exchanges are used, no VPN is required, they can easily trade without VPN. However, I have seen many times that there are some exchanges which are not open due to network problems but can be accessed very easily if VPN is enabled. But to my knowledge there are no crypto exchanges that require a vpn to access. You can trade any exchange without VPN if there is no VPN required to access the exchanges in every country. well, maybe some countries banned some popular exchanges, so they use VPN to access them. However, this is very rarely the case, besides nowadays it is quite easy to access popular exchanges, and in fact almost every country has their own trusted exchange. Personally, I have never used a VPN to trade either. Until now, almost all popular and local exchanges can still be accessed without obstacles. |
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this is an interesting story. However, you always start off on a good foot, but end up losing everything due to a greater desire.
However, from the start, we are not encouraged to use the money we use to live, especially if we borrow at the bank for that. Besides, you are taking too much risk, and not taking advantage of it. The most important thing in business is management. when you have made a profit, then immediately secure the capital you use. Well, even though it's simple, it's a difficult thing because we don't know when time should stop, and winning makes us blind. However, it is a very meaningful lesson for those who would do the same.
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Well, bitcoin isn't the only good investment out there. so many other investments. however, in this forum, most people will choose bitcoin as a good investment. Plus, people see investment potential differently the way some people choose bitcoin, real estate, business development, and more. Maybe it's good enough if you try to explain other investments to the people around you, but when he chooses one or already thinks that an investment is good, then you only need to provide the information you know about that investment.
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It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
bitcoin is a role model of all types of crypto that exist today. So, when bitcoin falls, it's very likely that altcoins will also fall unless those altcoins really have advantages and better commutation than bitcoin, but so far I don't think there has been an altcoin that has surpassed bitcoin. In addition, if only bitcoin prices fell, then altcoin prices would actually fall, and probably most of the altcoin projects would go bankrupt. However, I hope that this will never happen. |
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if bitcoin falls, i will still be myself. to be honest, crypto is not the only business I focus on. besides, i never used my main money in investing for bitcoin. Perhaps, the people you are referring to are the ones who sold all their assets and bought bitcoins in hopes of really high prices. it can indeed make us get the maximum profit, however, the risk of this is losing everything. therefore, I prefer to minimize the risk by building another business and not invest all the money I have in bitcoins. so, when bitcoin falls, then I will focus on other business.
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we will not know for the price of bitcoin in the future, and I just want to know what you think, about the question this time that I will ask you all, namely..
what will happen to altcoins if btc price drops to 10 dollars?
If bitcoin falls to $10, we cannot rule out the case that one of the altcoins will take its place and the other altcoins will become independent. It is also possible that in that case bitcoin will become similar to stablecoin. Therefore, I would not categorically state that if bitcoin falls to 10 dollars altcoins will die. Additionally, if the altcoins stay afloat, they may be under bitcoin in price, and may be under $1 or even far below. the worst condition is that many altcoin projects have gone bankrupt and maybe only a few altcoins have survived, that's because many holders might sell their assets when the price hasn't gotten very low. Anything can happen, but I still firmly believe that bitcoin will have a higher price than its current price in the future. |
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How should i diversify my crypto portfolio?
I feel like im gambling by going all in one crypto like ETH and the drops are hitting me very hard with its high volatility compared to BTC
Putting all your eggs in one basket and looking after its price all the time will only cause you a lot of stress. You better divide your funds at least into three or four and buy potential coins which are worth holding and has a huge chance to reach a good value in the future. Bitcoin and BNB are other good choices. In fact, bitcoin, ethereum, and bnb are pretty good at asset sharing if you feel that putting everything in one basket is stressful and can also cost you a lot of money. Besides, if the three coins are not so good for you, you can still choose the popular coins in CMC. very many coins that still have a fairly cheap price, but have great potential in the future. however, you can do it yourself. I only recommend 3 coins or tokens to hold, because if there are more than that, it might be more difficult to manage. |
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for all potential crypto coins, you can see them live on CMC on the top coins. the coins are valued by volume, as well as a number of other things. in addition, the market that is at the top of the coin in CMC is also very large. based on the coin that TS mentioned, it also belongs to the top coins of CMC. however, sometimes it takes some data to determine the top coins, and that data is sometimes already summarized in the CMC.
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Bitcointalk Username: OrangeII
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In the crypto space everyone knows that Bitcoin is called the king of cryptocurrencies, but Ether is called the king of altcoins. Basically, new smart contracts have been developed through this Ether blockchain, and this Ether Blockchain has also played a role for the first time in the NFT world. Ethereum blockchain able to perform variety of tasks. It is currently priced at $1600 and we will see its new ATH next bull market.
ethereum is the king of altcoins, and its potential to hit new ATH is huge indeed. however, some of the factors that might hinder this development are the fees which are quite expensive. however, once this is done, I'm pretty sure there will be a lot of people going back to the ether blockchain, and that could push the price of ethereum even higher. especially if it is added to the bull market. the potential to reach a new ATH will definitely be even greater. |
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