inflation is inflation. I mean even if a country has a low rate of it, still the people will be facing a lot of trouble and therefore, these common people should take some firm steps on their own for the betterment of living standards. These are the countries who need to invest in bitcoin so that they can improve their financial status and enjoy luxuries offered by life. They should stop depending on others.
Regardless of how much they invest in bitcoin and other crypto still the inflation will exist as long as they have corrupt government and people. They need to look into the root cause of inflation and then try eliminating it which require an assurance from both the government and people of the county, I have researched few common reasons for inflation are dodging taxes, corrupt government, mafia rule which eats up the natural resource of the country. I am not trying to discourage the use of cryptocurrency, but when it even comes to dodging of taxes, I think cryptocurrency is even the worst tool to use which is why government were even initially against this thinking they will be losing money until they realized also that there is a way that the system can be regulated for them to still be able to get their taxes from cryptocurrency users, and I totally do agree that government are the main catalyst to inflation because of their corruption, and if inflation is really to be ended, it has to start from government controlling the way that they operate first, if the corruption level in the government operation can reduce to the fullest, then there is tendency of inflation even reducing to zero without even involving the use of cryptocurrency. To be very honest, that was a bit painful to hear that crypto currency is the worst tool to use. I really wonder what you think about bitcoin after watching Eric and people of his kind who became rich rather millionaire by spending money on them at right time. No pathetic tool can be this cool. In my opinion, anyone can improve his financial standard by investing in the right coin. The problem of money can be solved at individual levels with ease. |
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People will cling to any sign to explain why something unexplainable is happening. You can say that it's because of quantum computing or that it's because of Libra hearings just like you can say that the move upwards is due to Chinese president talking about Blockchain or the short squeeze. In reality you're unable to determine the real deal because it's not one thing that influences the move but many different ones. It's usually a mix of many things.
But the factors that are discussed do impact bitcoin and digital market. Like the actions taken by China and what happened to Libra and the role of quantum computing. Number of supporters, volume of a coin, its development technology, governmental games and new technologies, all affect crypto currencies in a good or bad way. Majority still has to learn a lot as it is a new concept totally. |
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I agree with you to invest in an active project, because if the project that we invest is not active then the possibility of coin prices from the project will continue to fall and die, so that it will make our money will be lost because of investing in project that are not active, therefore we must invest in active project to make a profit.
investing in projects that are still making great progress I think it will be more interesting because the developments that are still being made can make the community believe that the project still wants to compete in technology in the crypto field. although sometimes the benefits are not great if the development does not occur productively I am in favor of projects that have proven to be worthy of investment. As far as the development goes, it is something that will happen forever because there is always a room for improvement. Those projects and coins that have been with us for years now will keep on improving with time. Development is not as important as benefits and potential is. Therefore, it is best to go with trustworthy stuff. |
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I see no reason to be in worries because of crypto price fall, if you don't sell there is chances of growth in few months time, i guess too many people lack the patience, they can't endure seeing their tokens lose value, altcoin investment will benefit those who have the patience
It is not exactly patience that people lack but knowledge. Anyone who understands diigtal coins or at least his holding well, will not commit any mistake like panic selling or selling at lower rates. An investor can be patient only if he has something that can keep him patient. In order to avoid such situations, one must do some good research regarding his asset and should not give up as digital coins hold a bright future. |
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I don't know man .. I think the risk is our friend for those who doing this .. I personally experienced to make my $2,000 savings become $15,000 unexpectedly from 2016 to 2017 , I have a strong faith in bitcoin and some altcoins since 2014 .. decided to go allin and I think I did it in the right time and on the right coins  . On top of that ... I did it again for the second time in March this year when bitcoin hit its lowest price @3,700 USD and ethereum @100 USD , I sell my house put all the money on ethereum and guess what? A few weeks later it turned 260% profit! Coincidence? Luck? I don't think so You need to aim for 300% , 500%, 10,000% profit or even more in cryptocurrency , you know why? Because it is the place! If you looking for steady non-volatile investment... then stocks or gold is your choice. It's all fun and games until that trick doesn't work mate. It's gambling. It's not funny when someone puts their life savings or their house into Bitcoin and they lose 60% of their money, or hundreds of thousands or dollars. It's well documented and it's happened many times. For every person who does well there's a person who does badly. I'll re-iterate, it's gambling, and to encourage people to do it as a sound investment is dishonest. Gambling is not an investment for me also. It is luck based activity and no matter how bad someone feels but I consider those people just fool who think they can master luck and control it per their wishes. Playing it is not bad but playing with the intention of making money is not good at all. That makes a person addict and greedy. Spreading the idea that gambling can be a source of income, is indeed dishonest. |
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Have you ever thought of donating the gambling profits to a charitable cause ? Sometime people won a big lottery or very high amount of money from betting & gambling games. Do you ever thought of being generous and helping the poor with this money ?
I have always thought of donating a part of it if I win that huge or my imaginary prize. Though I used to bet for the sake of buying something I necessarily need. Out of fun I somehow think though but sometimes I myself feel ashame at some point because I used to think that donating money out of gambling is a dirty money. But out of call pity because this anxiety of mine that urge me to donate specially to those who badly need dragged me time after time. The conscience inside you that dictating that you are still doing good even the money that you used for donations came from gambling profits. Something that you arguing with your own-selves, taking the opportunities to help since you have spare money out from your winnings, sometimes it's easier to let go even huge amount if the money came from a luck base gambling as your mentality that sharing will bring you another blessings. Don't expect for blessings or any kind of return when you do donate.Do it with all of your heart without expecting anything and that's the true essence of donation. I do see some people who do make donation because they are hoping for something in return.We might be different on what we do believe but good karma do really comes after to those who do like to help the poor or to those who are in need. It is important what a person is from inside and money being donated will help the needy people. However, if a gambler wants to help someone by money he has won, I would suggest to start from his own home. It would be much better to help some other gambler in debts and financially ruined condition rather than going out for others. Used that money in treatment of some addicts and save their lives. |
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I often gamble but I never ever follow any pattern of any supertitions I known. Since I know gambling is a game of chance, there is nothing that can affect it or whatsoever. For me, why would I bother to follow certain superstitius rule, it only beats the fun out of it. Beside, it only make you look uncool and most of the part crazy.
Now that totally makes sense. I do not get from where do people get the idea of making money from gambling. Like you said, it is game of chances. It totally depends on luck and there are chance that house manipulates results. In both cases, the odds are against the player. I think it is best to not play this game at all but still if someone likes, then he should play in limits for his own safety. |
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Honestly stability above all else.
That was short. But honestly don't you think that we don't need that at all especially when the main purpose of investors is to make money out of digital coins. If these coins will become stable then there is no way to become rich with the help of these. The more volatile an asset is, the more money it can return. Volatility is the reason due to which people were able to become millionaire. |
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bank of crypto turned out to be already there and many have given answers related to it in one page ,I think too many banking companies that undermine customers and secure will only be my own responsibility in a personal wallet not giving full responsibility to others actually attracts attention but I prefer to be in the anonymous category for crypto and manage all assets is more profitable for me
I am also not in favor of crypto banks. Crypto banks sound cool but the problem is that this strategy can reveal some information about holders. Nobody wants to show his crypto currencies and holdings to others. One of the reasons why bitcoin and altcoins get attention of investors is anonymity. Due to this, people are able to keep bankers and government away from what totally and solely belongs to them. |
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So you were asking about stocks? I don't think you could get that much of a great tip here unless there is one that is going big outside crypto which is particularly a low probability of that trader being in here.
There should be similarities at least between day trading in stocks and crypto, it could be just the methodology on how you trade they differ at.
Correct because majority here is either bitcoin holder or altcoins holder. Trading is trading and the basic rules do not change in both markets. However, the trend is crypto currencies so a stock trader cannot really find some good answer here. Also, if he has already failed then he should try changing his asset or his trading type. I would suggest short term trading with bitcoin. That is a nice start. What do you say? |
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in my opinion, you are too ambitious. when you are a beginner who wants to trade with crypto, and you already have a profit target every month, I think it will be difficult for you. I do not recommend for every beginner who is still in the stages of learning to put a large capital in crypto trading, moreover you only have a month to learn and trade. I think that time is too short. In my opinion, the best thing for you is to start trading with a small amount for profit without having a target to be obtained and maximize the time available to learn. if the target you want does not match what you expect, you will not regret it because you already have experience in trading. there are always risks in trading, so don't be overly ambitious in trading.
A beginner in trading is in a better position if he does not set goals for how much money he wants to make, and this is because if you do then you will be pressured to try to get those profits and will begin to make trades you do not want to do just because you want profits and that is a sure way to lose your money, if anything the goal of a beginner trader should be to not lose money or at least to not lose as much money during his first months in the profession. I think, it is important to set some goal before starting trading because without having a destination, you cannot figure the path or you can say that, the steps taken will have no direction. A person struggles for his dreams and goals. Having none will not stir spirit inside him. First a potential coin like bitcoin should be chosen and then a goal needs to be set for progressing. |
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Why is your worst day in your life?
If you did the thing you love (played dice)
Does money serve to ruin someone's day?
Of course not, money is made for a variety of reasons, not to ruin your day.
So head up and enjoy life, and most importantly be grateful!
Let me clear this my friend. It is not a very good or happy experience to lose money especially when you do not have big amounts in your bank accounts. Even if playing dice provides pleasure, still no gambler wants to become a poor person. Majority desires to win. This is the fact that we need money in order to survive in this world and nothing can take its place. Money matters a lot. |
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You shouldn't quit your job . At least you should move on a part-time job so you can assure at least the bills . Cryptocurrencies at this moment have a big risk on trading
If someone already can made 12 BTC a month, this means his capital is already big and it's enough for financial free at every country in this world. He must be make a "sure" investment from those 12 BTC and trade them again a half of them or more yes, it is true that you say. when someone can get 12 btc every month. even though he does not work in a company, he may be able to make ends meet and even have a lot of residual income. indeed crypto has the potential risk, but if someone already has a good strategy and analysis, crypto trading is definitely profitable for him. I am not surprised if someone quits a company, because he is focused on earning income with cryptocurrency. He has more than 10 years in trading, and he said 5 years in crypto trading. So we can see he doesn't trade too often, and I guess his volume is quite large, so he needs certainty for each such order. It can be called trading to live, work fewer hours a day, and spend time with himself. The thing that I am concerned about is the amounts he is making. The benefits he will be earning due to bitcoin. 12 bitcoin is a huge amount for majority of us. It is good to see that there are skilled traders among us who can be motivation and a source of inspiration to many of us. Bitcoin is all about becoming rich and now this is what you can call the right way to utilize the most expensive coin. I think this person must be an expert of the crypto, he knows every tip and trick regarding earning Bitcoin because making 12 Bitcoin is not an easy work, it needs a lot of hard work, struggle and consistency, and also quitting his job for the sake of crypto means that how much he is serious about crypto, I think we should get motivation from him. |
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protect your cryptoqurrency assets before death comes? yes I think this is important for us fans of crypto, especially those who have large amounts of crypto assets, need to reconsider writing a piece of paper or a will before death comes to pick you up. I have done this and trusted all my data and assets with my brother.
We all know that death is inevitable and everyone is bound to die sooner or later. For the protection of your crypto assets and to help your families financially after your death, you shall write down a paper including all essential data regarding your crypto currencies and wallets so that your beloveds can inherit it from you. |
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I don't feel like punching anyone on the face for FUD on bitcoin and crypto in general, in time people like him will have no choice but to embrace the tech when all they could see around them if how far crypto have gone
At the moment, all crypto supporters shall behave maturely instead of getting aggressive and spreading hatred about this guy. We rather shall prove him wrong by buying more and more bitcoin and spreading maximum awareness through campaigns and social media for developing more customers or users of crypto market. In this way, we will succeed in making bitcoin legal. |
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I'm not a full-time trader, but when I get tired from trading, I usually think what the reason why I enter trading, e.g., the bills that I will pay is are. But if I'm depressed about it, I stop and relax ( I watch some movies, play some games, go outside and socializing. But I usually talk to some ppl ). The additional inspiration that I get is to those people that earning a massive amount of money that comes to my mind that if they can do it, I can also do it.  You have a good strategy and you are depending on yourself before anything else. Thats right because you are in charge of every trade that you make. For me my inspiration is my family i need to trade when i saw a possible opportunity only. It is not that easy to trade even how good you are unless you master every single move that will end up in profit. The inspiration comes from the most important thing is how you can run it, remember that trading requires calm peace of mind because if it is wrong then you will suffer losses, especially in the cryptocurrency market you should be able to read the coin movement chart and of course it produces inspiration too. There are so many tools available now for reading the movements of your coin and as well as the contemporary coins. I prefer doing trading especially day trading with the help of graph reading apps or other available tools. Many people go through losses because they are unable to understand graphs. Try to first learn comprehending them. |
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Hi guys, where do you think should i put my remaining $1300USD? Any suggestion please? and why?
The current market situation is bad and all coins are down, so you have to be extra careful if you want to invest and buy at the right time for fear that all coins will go down deeper. You have to wait for the price to go down again to make a purchase and wait for the market to fall at the last point so you can analyze the coin you want to buy then hold it. and my advice you should buy 50% in bitcoin and 50% for some Altcoin like Erhereum, Litecoin, and others. Current market situation is optimal for purchasing. This is totally pessimistic approach if you see market at the present as in dip. Market is providing you with golden opportunity of collecting as many gems as possible to enjoy profits at the time of pumps. He should invest 70% into bitcoin and rest 30% into popular altcoins to maximize profits. |
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I remember those years when the bitcoin is not that popular enough or have a huge value, I once own a 2 bitcoin from the past years and I sell it to another person into a peer to peer or what we called meet up, we exchange bitcoin and money in front of us. I can't believe that bitcoin will grow this huge maybe if I just kept my bitcoin I am already a millionaire right now. But I am happy for the person we're I sell my bitcoin, I thought he have already an idea that bitcoin will grow this much. But I am happy right now and contented on what I am earning here in the crypto.
It is good to hear that you are making profits from crypto currencies. Indeed, if you had those two bitcoin, you would have been a millionaire now but then again, you can grab bitcoins once more. Though they are no more available at the same rates as years ago but if we look at the future price, it will be far more than what it is now. It is amazing how a person can become millionaire with little efforts. This is the most amazing feature of bitcoin that it has potential of making you rich in short time. It just demands one thing from you and that is patience nothing else. There is no way you can be in loss with bitcoin. I have never come across a single instance where bitcoin has put someone in trouble but there are thousands of examples where people became rich because of it. |
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Everything is fine with Ethereum. As for the price, it strongly correlates with the price of bitcoin. Now the situation is ambiguous and it will not be known whether further growth or decline. It’s just that for now, you can exit the asset for a short period of time in order to be safe and not lose some of your investments.
Indeed, it is not about ethereum but bitcoin is involved too. Bitcoin is the foundation of crypto currencies and all the altcoins highly depend on it in order to make progress. ethereum has remain at the top of altcoins just because of bitcoin and it is facing a downfall at the moment, so watching etherum stumbling too should not worry. Most important, bitcoin and all good coins will rise up soon. |
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this we can see from the circumstances, if the price falls after rising high, and someone has bought at a high price. selling faster is good for saving their assets. but when prices are as low as they are today. someone buys a coin and after that it's a dump. then he sells it. I said that was wrong. Today's falling prices will not be deep. and will recover soon. so holding and postponing sales is a good thing.
If you ask me, it is panic selling which has worse consequences as compare to the postponing. When some sells out, the amount of his asset and holding decreases. However a simple delay will not cause any sort of deficiency in his asset. With time when his asset will rise up again, he will be able to make profit but the sold coins are hard to recover. Selling out after losing emotions is not great. |
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