Yes, this is bad to Venezuela economy not only in cryptocurrency but their economy itself. Usually the industrial sectors are earning or will be productive through the use of machineries run by an electricity. This is the same with cryptocurrency especially if in their are it is widely known. This may decrease crypto market a little bit but it could not compromise the market because no one could sell crypto without power to run their gadgets.
Electricity is essential to all industries. As one of my professor said during college days that electricity is the blood of industry.
The World's Most Miserable Economy Has Seven-Figure InflationUnfortunately a decade and a half of "socialism" got rid of most of the national production, 90%+ stopped, went broke or fled the country. Nobody wants to invest in a country where the gov can seize your assets on a whim, and the State itself doesn't produce anything but corruption. Electricity failing due to neglect on the State electric company, was just the icing on the cake. In the same situation are all basic services, which where all nationalized during Chávez and inherited by Maduro the inept. It is deeply ironic that a "socialist" gov gives gasoline away for free, but provides no healthcare, no education, not even personal security, nothing. But unlike in a free market economy, you can't find a private solution either... I am agree, Venezuela government should not seize investor asset and do nationalization with more smooth. Government can buy the company share instead using military force. I dont think socialist system able to run in digital era, because anyone can make trade instantly with others people around the world
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It is important for mass adoption that big corporations are entering the crypto market. After the Enji wallet integration in Galaxy 10 it is still not clear what will Samsung coin be used for. Hopefully more information will be announced soon.
From what i am read, samsung coin will run in ethereum blockchain but still no updated about when launched. Its good for crypto market if samsung launch their own coin because its give more trust and confident from investor. Recently, facebook want to launch their own coin too and i think crypto already attract more big company to join in this industry
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I think ICO, IEO or STO are all the good and bad at the same time. Their goodness and badness are determined by a project launching them. If a project has genuine purpose and good, it will launch a good ICO, IEO or STO. So we should focus on finding out whether we are investing in a good project or not. So all ICO, IEO or STO are a means of fund-raising to support a project financially.
Investments like coins that have two sides, between profit and loss are the same, this is what makes us have to be vigilant in placing money at ICO, IEO and STO, always reading the whitepaper is the first step to determine the next step. I am agree, investing in ICO, IEO or STO always have a risk. But right now IEO have a momentum and every new project want to raising the fund from IEO. If we decide to invest in IEO, better choose reputable exchanger because right now, small exchange do launch IEO too. Its more safe for us if we join in big exchanger and i think its more liquid
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If you know what you are doing, it is better to trade and exit from time to time. You can accumulate more coins and earn more if you can do it right. But, if you are not good at it, it is better to hodl on your coins and just let it grow in value. Safer but takes more time.
I am agree. But most long term holder dont have knowledge about trading. Crypto is very volatile market and i think if we have good trading skill, it will be profitable. Long term can be profitable as long the coin is good and always active in development. But if want to keep it safe, better invest and hold bitcoin for long term
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When you have fund for investment project,what will you choose your investment for now.ICO or IEO project for get profit crypto invesment project.many ICO project this year failed when they launch ico token sale.what Will IEO to be next future of project investment?
IEOs right now really tempting because most IEOs token after listed in exchanger, the price always surging more than 100%. But i am believe there is a good ICOs right now and worth to invest beside join in IEOs. IEOs become phenomenal because i think its following binance step
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I don't think about what Facebook will do if they really create their own cryptocurrency. some time ago Facebook has banned advertising related to cryptocurrencies on their platforms. but now they will create a cryptocurrency and join in it, what more drama will this big company do?
Facebook have many advantages if creating their own cryptocurrency. With large numbers of members, they can create their own marketplace and to transaction between members, should using facebook coin. Its great opportunity for facebook to create their own value beside as social media
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Binance growing more bigger because customers or members trust. Every company can growing bigger as long they can provide what customer want. Every crypto investor want security and good project and i think binance provide it to their customers.
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I believe one of the major setbacks of the present crypto space is a lot of new projects are focused on providing the fastest easiest crypto coin to be used for payment purposes and transactions however considerably lower effort is placed on the vendors who are actually going to be accepting payment in form of cryptocurrencies because what is the use of having a crypto payment card full of money that you cannot spend.
Whitmore payment gateways a inform of PayPal and the likes accepting crypto payments from multiple coins without necessarily issuing their own coin then there will be better adoption of cryptocurrencies by both business owners and customers.
This issue depends in our individual analysis,. we see that there are hundreds of exchangers nowadays, but they also have limitations, most and few people are not satisfied in it, maybe this is the reason why some developers tried to make an ICO for exchanger project, which is a good thing, a hundreds competitors still the best, as long as they dedicated to their project I am agree. Crypto investor have choice to select their own exchangers. Cryptocurrency can not used as payment because government regulation and i think its different perspective. In several country, like Japan, merchant accept bitcoin or others crypto.
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I prefer to buy both. ethereum is cheap and litecoin will soon be giving a big event. isn't this very beneficial if you have both now. we know ethereum will not be forever below, sooner or later ETH will rise. buying when cheap is everyone's wish.
so instead of choosing one, I'd better hold both of them because this is far more profitable for me in the future.
Ethereum and LiteCoin is good investment and i think better buy both. If we hold more different altcoin, i think we can reducing risk. Both coin are long term investment and both having solid developers team, worth to invest on both
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Is it going to start with poor countries and their dictators? Is it going to start in the USA with their SEC and ETF and everything? Discuss.
The country which is crypto friendly where the adoption will happen much faster so it will happen with no matter of economical status of that country.There are some poor countries like Phillipines which supports cryptos already and also like Japan and Singapore supports cryptos as well both countries are different in economical status but the growth of crypto happens. Japan and Singapore already enjoying the benefits of this system, catering and supporting the chain, I also read somewhere that Thailand also join in and accept bitcoin transactions, things will happen we don't need to rush things up as long as we are witnessing progress and more people's interest, this coming generations will enjoy what this industry has to offer. Indeed, most advance country already accept crypto as payment and recognize crypto as investment or digital asset. I am believe in near future, more country will follow this step because government must be need more tax income. Its about technology and i think government can not prohibit or ban technology
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Many investors have failed to benefit from the ICO and many of them have run out of capital like me too, now it is very difficult to find a really good ico, I myself am also confused, now many ico projects appear, the analysis must be really right
Just like you even I have burned my fingers in these ico investments. Earlier the ICOs were really good. I was one of the early investor of IOST and was able to ripe profits as well. But not with so many fake ICOs and such a large number. I am out of it as of now. Will try back again in bullish market. ICO purpose should be good because its raising fund to finish the project. If the project success, investor must be gain profits. But like in any field, there always scammer who want to take advantages from crypto market. They using ICO scheme to scam people and run with investor money. I think government regulation needed to regulate ICO and make investor more confident to invest in ICO in the future
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yes, maybe 2018 years for correction and now it's 2019, bitcoin will rise again and hopefully it will come back like 2017 where do we feel what is new all time high, then the most important thing is that our community is also solid, not easy to do panic selling in a random and unpredictable way
Ideally, the profit booking must be done when the prices are high. It is not advisable to sell the coins while the market is undergoing a correction phase. The most sensible thing would be to sell the coins in small installments and to refrain from dumping all of them in one go. Indeed, we should not sell our coins during the correction phase because it is not a good idea and it will just lead to a loss for us investors and instead of thinking about selling our coins, we should just think about buying in order to save money and also to not miss the opportunity of the cheap sales in the market. I am agree with you. Crypto is new investment and still at early stage. If we believe crypto is good technology, i am believe crypto will more worth in the future. Its about the perception about investment and crypto is long term investment.
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for MEW and Metamask yes that right because i create and use that wallet for ERC20. In 2018 i hear many people said if MEW is not safe again, hacking issue and other negative words. But until now i have not a problem with my MEW, so i think that just a negative issue or maybe it negligence of some person. MEW is safe and best for ERC20 wallet.
I am believe MEW still safe. Most hacked wallet is because the owner not aware on the website security or its phising website. Until now, i am still using MEW and its user friendly and secure. Beside MEW, i am using mobile wallet to store my token and coin for long term
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Seems we are already in the bull market because we can see the green days too often than red which is literally means as bull run,there might be new high prices in the bull run but there is no need that it needs to happen even if is in the bull run.
Hopely current market movement keep continue and bitcoin price reach $6000 for first time in 2019. If this happen, i am believe altcoin will follow and market cap value will reach $200billions. This could rise market confident and investor trust after long bearish last year
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i know why you said like that and yes that is right. BNB is Binance Coin first list price 0.1$ and now boom 25$, that sick yeahh. Binance is once of top tear exchange cryptocurrency with a high level volume and BNB is once of the best altcoin. so, let's buy BNB and wait it to hit 50-100$ in the next time ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Binance Coin backup by binance exchange and binance is biggest exchanger in crypto space. Binance having big liquidity and every project have a dream listed in binance. I think Binance Coin able to reach $100 and to be top 5 in coinmarketcap. If i have BNB Coin, i will hold for long term because its promising
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I think important traits to be a good investor are (not in exact order):
1. Knowledge 2. Emotional stability (as mentioned) 3. Instinct
Instinct can make you a ton of money, especially if you catch the bull market early. Knowledge is important for understanding technical and fundamental analysis. Emotional stability prevents you from making unwise decisions that override your knowledge.
I am agree, if we want to be a good investor, research is important thing to do. With research, we can decide to invest for long term or short term. Beside that, its more relaxing when knowing the project we invest is legit. But investing on bitcoin is good option because its solid investment and we can hold it for long term
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This thing came up to my mind suddenly. As I know a currency is a transaction medium that majority of the people agree to use to exchange their items with them. If it is the case, if majority refused to use crypto currencies, what will be the consequences may occur ? And how it will affect to the ICOs ? Any Ideas?
This question should not asked right now because market cap value already above $170billions. Crypto already become new investment and always attracting new investor. If people reject crypto, i think the price will not have a value anymore but i think its almost impossible
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I don't think this technology is anywhere close to being done, or over with. As well I have no plans of getting out of the crypto-space anytime soon. Nothing has fundamentally changed in the tech that I have "invested" in, so I will continue to hold my assets. I suggest you examine/research what you plan to invest in before you do it, and then make decisions based on its progress, and not on the markets arbitrary price tag.
Crypto or blockchain is technology and if we hold it, we invest on technology. Technology could improve and replace with new one, but bitcoin or crypto is here to stay and it become financial phenomenon. People will find faster way and cheaper when make transaction and i think crypto could be the answer
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I always skip this type of airdrop. My identity information is not worth with that airdrop that maybe only have $1-$5 maximum price lol. I never do that. My identity is worth more than that. So guys, think twice before join an airdrop that asking for KYC verification, is it worth or not.
I am agree. Most airdrop give us small amount worth US Dollar. Its better not giving our document for small money and better join in bounty campaign. Airdrop is good to build token community but if the developers team asking document, i am prefer pass and not join
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I am ready, I am not waiting for the best opportunity because I know that if I try to wait for the best time when to invest, I will never invest. Maybe, you should think about it. Waiting all the time is not the best strategy.
Altcoins have grown quite strongly. Plus the fact that many new coins will enter the cryptocurrency market. I choose to invest in Bitcoin. And you are advised to choose Bitcoin too, he has a profitable domination of 51%. Bitcoin is safest investment in market. But if we want to double our investment more quick, choose good altcoin. Sometimes altcoin price growth more bigger than bitcoin, perhaps its because bitcoin price too expensive than altcoin. Investing in crypto right now looks good because many crypto price start to grow
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