Forex, equity and crypto markets are all good as long as you can handle them in profit else all are useless. Whichever you select for investment make sure you have enough knowledge about it else you will end up in lose. Here is a good read on that From Billionaire To Broke: How 8 People Lost Everything…
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The crypto market is not as big as it looks like. In my view, crypto market is all about Bitcoin along with few altcoins and if you see from this perspective BTC dominance is justified. The problem is we consider every coin launched till date as part of the crypto market. I think to be part of the crypto market a coin must pass some standards like its market cap, real-world use case, etc.
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A coin that started its journey from almost zero USD (in 2018) to 19000 USD (in Dec 2017) and now standing at 7500 USD is failed thing? I cant digest this criticism. If you have anything logical please come up with that rather then giving such a sweeping statement.
Tell me one market apart from crypto, which near take dip and always go in up word direction?
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where there is every chance there is a crime, all these problems go back to ourselves how can I avoid cases of hacking like that, honestly I have never accessed my bitcoin wallet on my smartphone let alone use a special smartphone wallet, I also never used other people's computers let alone other people's laptops except your own personal computer and laptop
I feel sorry if anyone has lost their BTC because of their carelessness, if I were they maybe I would double check my wallet address if I wanted to transfer big money, if only small money I didn't check the wallet address again, I hope there are many lessons obtained from this case so that it does not happen again in the future
The Weakest Link in Security Chain Is People, Not Technology SourceThere are uncountable such hacks in crypto world and can be easily avoided by paying little more attention every time you made a transaction. I always store my keys on plain paper not on computer, storing your keys on online/computer and accessing your coins from everywhere looks cool but you are giving opportunity to hackers. |
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These are dreams of almost every member in the crypto community specially those who have huge collection of BTC and alt coins. But I don't see these points turning into reality at-least in coming few years specially this one 1. BTC will be the primary money all over the world all the currency will be just secondary Community don't want regulated bitcoin while government don't want unregulated BTC. |
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Nobody can deny the facts listed in OP. BTC is the only worthy cryptocurrency that is trusted by millions of people. I just wanna add one more coin to this list of trusted coins i.e. Ethereum. Smart contracts, DAPPs introduced by ethereum are some cool facts that add beauty to crypto and blockchain domain.
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I remember when BTC was declining earlier this year, such peoples were saying it can go down to 1000 USD or maybe to zero. Now the market is down again and they have the opportunity once again. I consider buying Ethereum below 100 USD as an ideal investment with zero risk involved. Nothing will happen just HODL and be patient!
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As of today, Bitcoin dominance is 66% [urlhttps://coinmarketcap.com/]Source: CoinMarketCap[/url]. When Bitcoin go up, altcoins also enjoy the party. We haven't seen any notable rally in which bitcoin was not involved and was solely done by altcoins. I dont think altcoins right now have the strength to move alone, BTC movement is mandatory.
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That's good news but there are some conditions that banks have to fulfill prior to accept and trade cryptocurrencies. What are those conditions? The new law will take effect January 1, 2020, though certain requirements must first be met through the country’s financial regulator. Sourceand these requirements are very well known to us. |
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I rarely meet people who are short term/day traders and are in profit. I normally don't do short term or day trading and I suggest everyone here to learn HODL. Just do some research and see how much gain BTC has given to those who HODL, if you figure it out you won't go back to trading. I leave it you to find in this year alone how much gain BTC has given to its HODLers.
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I think it will be too early to say who is winner in blockchain adaption. But right now USA is winning in crypto adoption as many exchanges are working in USA from which USA govt is also benefitting.
China on the hand has made a smart move by banning crypto exchanges and ICOs to stop flow of cash from there country and this is something not seen for the first time.
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I am not a day trader nor I invest through centralized crypto exchanges. I m a long term hodler. My biggest and only fear is security of my wallent. I fear one day I see security of my wallet is compromised and all my coins are transferred to another address and I cant do anything for that  |
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For the 378th time, Bitcoin is dying.
I’ve seen a lot of news over and over that “Bitcoin is dying for the XXX time”. I wish somebody from the press would actually have a different kind of headline such as “Bitcoin was resurrected for the 378th time”.
At the end of the day, you can’t kill Bitcoin. It may have died 378 times, but was resurrected 378 times as well.
This is strength of BTC that it always go up after a decline. Those who show faith in btc when it's down n out are given due reward by BTC. Its 378 time BTC is taking a dip, I would say btc will take dip for 500 and 5000 times before hitting back. |
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I dont agree that current year was not good for BTC investors. We saw some great rallies in price of BTC. I m keeping a close eye on BTC and for me best gift will be that BTC comes down to under 4k, so I can accumulate BTC for next bull run.
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There is rule of thumb in crypto market that altcoins have direct relation with BTC price. If BTC go up, alt coins will also go up and vice versa.
It's very likely that BTC may go behind 5k and if does happen, I m sure alt coins wont sustain there prices and will go down.
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If you are new to crypto world then first learn trading and investment techniques. It's not only buying at dip and selling at high. One best way to understand this market is by spending time here on this forum. Dont settle for small 50 dollars goal , aim for the moon.
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Ethereum has the potential to go way up. I remember receiving eth payment when it was at 700 USD. These days whole market is down and so is ethereum. I m gathering eth for long term investment, I will sell it when it will go up may be around 500 (I m hopeful).
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All 16 states have to pass this bill before its implemented in Germany. If its passed, it will be a role model for rest of the world. |
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True adoption needs more P2P trades without these ATMs adding high fees for the transactions.
ATMs are just like a middlemen. One goal of crypto was to make p2p fund transfer possible and eliminate the middlemen. ATMs are in some way destroying the crypto objective in some way. Correct me if i am wrong |
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To be a successful trader I think one must be wise enough not to follow speculation, avoid FOMO and overlook FUD. I remember in bull run 2017, there was speculation that BTC next target will be 50k in 2018. Many bought due to these speculations and are still struck up.
Just buy BTC and HODL, BTC will never disappoint you.
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