The fact is that this question can be answered ambiguously. In my opinion, everything will depend on how the cryptocurrency market stabilizes.And I very much hope that the cryptocurrency market will not experience such shocks as it did in 2018 and 2019. Since cryptocurrency is currently viewed as an alternative investment that will save capital for many companies due to the economic crisis, it is likely that attracting investment funds will only increase the value of Bitcoin. Based on this, I will consider Bitcoin as a reliable storage for my funds when it reaches $ 20,000 for Bitcoin and above.

The fact is that today almost all countries are experiencing problems with the economy. By observing the panic in all markets, as well as the depreciation of the dollar, then many investors and large companies have a serious desire to preserve their capital. This is what I believe is at the core of today's rise in Bitcoin and gold prices. The fact is that even the gold metal for a rather long period first reached the price of $ 2,000 per ounce. The situation is the same with bitcoin, and therefore I am confident that the price of Bitcoin will continue to rise even above 12k.

Practice says that one should never underestimate the cryptocurrency market and especially one should not trust Bitcoin. The fact is that under the current conditions, it is very profitable long-term investment in Bitcoin, since there is a very high probability of a bull run already next year. Therefore, the only correct solution would be to actively accumulate bitcoin, even at current prices. At the same time, it is necessary to take into account the softening of legislation regarding cryptocurrencies in many countries, as well as the attraction of institutional capital to the cryptocurrency market.

Undeniably free sweets can only be found in a mousetrap. But it seemed to me that the trading bot does most of the work to make money with cryptocurrency, and this explains the high cost of this software. But if a trader paid for a trading bot and at the same time has to perform certain functions himself, then what is the use of this software?

Of course, you have very correctly identified those instruments that mainly affect the results of each trader. But it seems to me that you also need to point out the ability to do technical and fundamental analysis, because it is mainly thanks to these factors that the very foundation of good and profitable trading is built.

One way or another, White Paper, in my opinion, is important not only for investors or interested users. The fact is that White Paper is a very powerful marketing tool that brings great benefits to the project itself, which allows it to attract as much investment funds as possible. Indeed, in the very basis of white paper there is no advertising, but the described clear scenario for the actions of the project team, which in fact should interest specific investors.

Of course, investments during growth are primarily a desire to catch the train, but it seems to me that in relation to certain projects, such a situation can talk about the disappearance of doubts about a certain project, Whose coins are starting to rise in value. The rise in prices primarily indicates that the demand for the coin is increasing and that the nearest prospects will be very good.

The fact is that the governments of many countries, including the United States, have long shown their inconsistency in the face of modern challenges, including the coronavirus pandemic. Of course, they try to correct all mistakes and act in such a way as to avoid collapse and significant losses in the economy, but people continue to suffer. I believe that to a greater extent, people themselves began to solve their problems with the help of IT technologies and thanks to remote work. big minds with great pleasure presented many developments using blockchain that can be used not only to fight the coronavirus, but also for any area of ​​consumer, social and financial services.

During in Reddit a recent statement by Vitalik Buterin about future plans, he hinted at the possibility of a merger between Ethereum and Ethereum Classic, as if Ethereum 2.0 could really use Ethereum Classic. I’m even afraid to imagine what would happen to Ethereum and its price if a merger happened. But if after the Ethereum 2.0 update there are real actions in this direction, today's Ethereum price will seem like a trifle before what can be expected in the future.

A new date has already been discussed for the Ethereum 2.0 event. As if this update should take place in January 2021, although Vitalik Buterin said that this event should be expected at a closer time, but did not name the date. Perhaps many skeptics will refute my opinion, but I very much hope that thanks to the real staking, Ethereum can rise in price very much.

I believe that labeling cash as trash can also be philosophical in nature. Money is garbage and not the most important thing in life. Although in the current realities there is nowhere without money. But speaking to the point, it is best not to worry about the value of your cash, it is better to convert it into a commodity or any kind of investment. even for an ordinary person, it is better not to keep money in the bank, but rather to purchase at least real estate. One way or another, cash must be invested in order to make a profit.

In my opinion, instead of saving the country and the economy by limiting the spread of the coronavirus, the US government entered into a confrontation with China, blaming each other for the origin of covid-19. the current situation has caused irreparable harm to the economy, because various strata of business have suffered and a significant part cannot even be restored. I believe that we are on the verge of a completely different world order, where the United States may lose its leading position. In addition, the statement of many scientists about the second wave of covid-19 suggests that we will not be able to return to a normal life for a long time.

India is already showing phenomenal economic growth rates and I will not be surprised when India follows China's example and forms the practical third largest economy in the world. I believe that in the near future countries such as India and China will offer the world cheaper raw materials and products, which will make India a world leader.

Quite a lot of statements by analysts from the investment holding company Fidelity Investments have appeared on the network, where it is said that as of June 2020, there are already quite a large number of cryptocurrency owners among institutional investors. Thus, this speaks of the infusion of large funds into the cryptocurrency market, which in any case will have a productive effect on the most rated cryptocurrencies. Therefore, we can only expect a positive development of events.

I think that when considering different age categories of children, there are completely different approaches to this issue. If we are talking about student-age children, then it is quite normal for such children to live with their parents and invest their free funds in their future, that is, in cryptocurrency. But when it comes to the older age of children, then I believe that in this situation, children should take care of their parents, and not parents about children. I agree with the previous users, who expressed their opinion that there is a very big difference in the cultures of a particular country and a particular society. I live in Ukraine and my parents demanded special attention and care at the age of 60. In my country, people age very quickly, while the state provision of pensioners is extremely low.

in fact, a person who travels around countries and can perform certain actions on the exchange on different days from another part of the world, this should not cause the account to be blocked on Binance. But at the same time, if this happened, then apparently some other factors caused concern of the exchange. And if we are talking about several factors at the same time, including changing the IP, then this fact may indicate not money laundering, but unauthorized use of the account and cryptocurrency funds. In any case, in order not only to save your funds, but also to unblock your account, you will have to provide passport data. In this situation, no problems should arise.

Perhaps my hopes are too optimistic, but somehow Bitcoin is a deflationary currency that is limited in its quantity. In addition, after the halving, Bitcoin mining decreased and this in a certain way creates a shortage of coins in the cryptocurrency market. I believe that in the near future this will start to show up very strongly on the market. In addition, I had very positive expectations regarding Ethereum, especially on the eve of July 30, because Ethereum 2.0 is scheduled for that time. today we have $ 326 for ethereum and this is only the beginning of a long-term rally.

While we have been discussing the best time to invest for quite a long time, it would be necessary to look at the indicators of the cryptocurrency market in order not to miss this very best moment. if you take Ethereum, for example, it has increased in price by more than 30% over the last week, and Bitcoin by 10%. what else do you need to wait for indicators to make a profit?

You are absolutely right, perhaps that is why today new projects attract so little investment that many people find it very difficult to believe in their future prospects. Very often, investors bought coins during pre-sales with certain bonuses and could make very good money after listing, but today the situation is radically different.

In this situation, it can be said very simply that hope always dies last. we can only hope for good results from the work of the developers. I've been expecting rewards from ClinTex and MODU for almost over 2 years now, which still seem to be very active projects.