Bitcoin is being dumped again today, and it is reported that bitcoin will retest to support again at $33k or $30k,
so just in case you can buy in that area, if there is no money then get a loan, because I believe the price will bounce back again.
but if you want to loan money, make sure you can pay it at a later date
- The market and the economy are struggling with stagnation, almost our wages are falling a large part, so a loan for a big investment like bitcoin won't be something we can pay off easily, don't forget that the loan service will confirm the time and need us to pay interest every month, while the pandemic still has no end in sight, it's exhausting to stick to a loan right now. Even if it is loans without interest free, bitcoin has also been on the way to a sharp fall, some inappropriate investments can make us unable to repay the loan in time and lose our reputation |
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The threat is in the form of increasing global warming which results in climate change. Generating Bitcoin requires a capable computer to solve complex mathematical puzzles and high electricity consumption. so that some countries prohibit mining for several other reasons such as in China and Iran some time ago. if so will bitacoin and others be able to run forever or is this just an excuse to change the green field to red..
According to google 0.55% of total global power consumption are used by mining bitcoins & other cryptocurrency. It will be unfair to put the blame on bitcoin mining alone since its less than 1% of what the world consume. Even if bitcoin mining stops it will not have an immediate effect on lessening the global warming. I believe the consumption of electricity used for mining cryptocurrencies will not be the cause of global warming. Because all factories in the world consume large amounts of electricity, this is the cause of global warming. It would be unfair to completely blame crypto mining, as you have mentioned, according to data alone, it is not up to 1% of electricity usage for crypto mining. So don't be easily influenced by the news circulating now, sometimes it doesn't tell the truth. - I think bitcoin also promotes global warming but it is not the strongest cause, besides bitcoin, a lot of industrial parks consume high power, the exhaust gas purification system is still not good, a lot of deforestation events and problems affecting nature, the government is correcting and improving that, bitcoin's fault is very little in this regard. Even as experts try to sort out the causes that might threaten the earth, bitcoin is still not listed here, the information is really inaccurate and there are many points of dislike for bitcoin while bitcoin is almost safe for everyone |
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It would definitely good to see that tesla accept dogecoin as mode of transaction and payment to buy tesla product. Once that if this happen dogecoin will now have its purpose in crypto space and not just made as memecoin.
- But it is strange that after searching for opinions from the community, even getting quite a lot of acceptance status and hoping dogecoin will become a method of Tesla, they have been officially silent and no longer discuss the matter, and when a problem has fallen into such a state, Tesla also shows their answer, they just want to create a little fun and do not plan to conform to the opinion of the majority. When we only have empty hands with meme coins, they also have no responsibility, don't let a joke turn into hope and recklessness |
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of course this is very possible, because ETH has not yet released ETH 2.0 which is predicted to shake the crypto world, which I strongly believe that the price of ETH will skyrocket at that time and could reach at least $10k . in the next 10 years there is a very high possibility for ETH to be able to take 1st position in the marketcap.
The way the demand for ethereum is growing in the crypto market it is expected that ethereum will surpass the market cap of bitcoin in the next 10 years. But the price of other currencies along with ethereum will depend on bitcoin as the price of bitcoin rises so will their value. - Ethereum knows how to increase their capitalization, bitcoin will also seek to attract capitalization by its potential, the two have been arranged to become rivals but this era is choosing bitcoin as a best product, not value or technology, it's in the form of trust. Feel and look at history, the first moments we always see are bitcoin's lead in every crypto life, I don't know by any method or force, the value of bitcoin is still stronger than ethereum while looking at the mission of ethereum, very variable but failure is still the norm every year, a destiny is to fall at the feet of bitcoin |
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Do not just rely on crypto signals that are not clear and are not accompanied by clear technical analysis. Because these signals will only trap you at the price that has been determined by the signal maker. The signal in this case is only used as a reference and not as a definite price. Market reading using technical analysis is also very necessary, rather than just reading and waiting for crypto signals. It is necessary to learn basic trading to hone our ability to analyze the market well.
- The signals right now also include the analysis but some of my tests on them didn't really work as advertised, many groups only post the quality of the signals they provide to those who have paid to their own group, joining for free will have no such conditions, so the nature of the signals will be towards the courses to get rich from crypto, they teach those who have a need to get rich and greedy, sometimes they will refer friends to join to receive commission from the group, the relative pattern is similar to the pyramid pattern and very little survives in the long run |
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I believed that bitcoin will not last because of government policy is against bitcoin and many people is seeing bitcoin as a scam, so with such points I don't think bitcoin will stay till 2030, and if bitcoin stay till then that means it will stay till further notice.
Please am not here to criticised cryptocurrency but from the attacks government attacks crypto I think such will come in reality.
In my opinion so far the development of bitcoin is very good , judging by the really fantastic increase . I think those who don't support it are only a few and even then they can only ban , but it will not be able to stop the current existence of bitcoin which continues to have many enthusiasts from all walks of life. I think your prediction is a little inaccurate. Bitcoin will always exist as long as the internet can still be accessed by anyone. We will always believe that bitcoin will last forever. - Usually, the class that is most against and denying bitcoin belongs to the government, they are asking for a tax source from bitcoin owners but maybe they don't have the right answers, the accumulation of anger may lead them to take fierce actions in the future with bitcoin. However, some recent hot news is the positivity of a country towards bitcoin, I don't remember the name of that country but it is also a condition that can keep bitcoin alive in the future, may not be forever but not as short as some would like |
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Poverty primarily means the lack of the necessary material well-being: food, clothing, normal housing, as well as other material wealth and luxury goods. In our world, poverty has been at all times and it seems that this problem will persist for the foreseeable future. We are still at a very low stage in the development of science and technology, the necessary technologies that would provide people with these material benefits. In principle, people are to blame for this themselves, constant wars lead to the destruction of a significant part of material wealth and technology. It remains to be hoped that someday humanity will grow up.
- Wars around the world in the past probably affected many generations behind, quite a few generations have become backward and underdeveloped in science and knowledge, the governments of countries are also working to improve such lands but there are quite a few reasons that make their efforts go to waste because the cooperation of the people in the poor lands is not so great, they like the life of nature and wild. Even if we stop these actions, they will also try to escape, the world will also produce more generations of poverty in this style |
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I can see Dogecoin the meme coin flips BTC.
Will a meme topple bitcoin? you're obviously just following the call from Elon's tweets too much, it's either your blindness or you've clouded it yourself. I think I should forget about Elon Musk, he has lost his position because of his lifeless statements about bitcoin. Bitcoin has been so much stronger than 2017, it will continue to break the latest ATH. Doge will probably drop out of the TOP 10 very soon in this state. - Blind statements and not a gesture of goodwill towards bitcoin, it has knocked Elon Musk out of people's hearts and people don't give too much of a friendly gesture towards dogecoin when Elon Musk is a relatively large owner here in the way he says. I don't know the next state of dogecoin but right now, dogecoin is surrounded by a lot of whales, they are becoming tanks and quite fiercely attacked this fortress, another part of this army is rebuilding bitcoin, sometimes the silence of bitcoin is making many coin meme think it is weak and lacks a strong army |
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Does Signature campaign increase ICO credibility? I see few good ICOs recently using Signature campaign to promote their private sale.
Being a newbie, I would like to know your thoughts through experience.
Signature campaign is just like social media campaign because it also attract investors who are using this forum to find a possible potential project. Also, signature campaign help as well to create possibility of getting and attracting good amount of investors. Actually, it's a way to spread the news about the project, not everyone who wears the signature really understands the project, they just wear, do some post and make some money, that's so simple. I believe the project team understands it, they are using our big forum to run their signature campaign as they know they have a lot of potential investors here. - Agree, a lot of people participating in the signature campaign and don't understand the true nature of the project and some of the punishments and failures of the past have become lessons for them, the current situation has improved markedly, they not only participated without the knowledge as in the past, they are engaged by reading about the project more to avoid wasting time. Projects with signature campaigns and quality number of participants are making these projects more reputable, perhaps they are not completely successful but the classification between good and bad is very clear for potential investors to choose projects |
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I don't think the Government can kill Bitcoin, reason been that it operates in a decentralized system. It has no Central Bank. Can't be controlled by anyone. The Government can only get it banned, which won't also stop Bitcoin transactions.
- As long as many big countries around the world gather together, killing bitcoin is just a simple story, many underground forces from government have expertise in these elimination but from the perspective of the lifetime of bitcoin, thinking in a positive way, perhaps face-to-face government negotiations are the surface and bitcoin is a shadowy collaboration between several governments. The use of bitcoin is quite real and mysterious as such, the government does not want to kill, they are just hiding some manipulation around it, necessary and will use |
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Everything about this guy isn't credible anymore. I used to be so amazed by him and his achievements back then but as I get to know more about him, turns out that most of the things he boasts about aren't even his to begin with. And just to make things worse, he started talking about dogecoin. And at that point, I totally lost interest in everything about him. Shilling a useless memecoin all of a sudden when there are dozens of amazing coins out there that have great concepts and potential to grow and help solve problems both in this industry and on the real world, just made me understand even further that this guy is really not worthy of my admiration. And I hope a lot realizes this soon and stop taking his words seriously.
- The respect and admiration for Elon Musk in this moment probably belongs only to a few fans and unaware of crypto, to members of the crypto community, they have despised this name. Maybe, on the personal level of a large business owner, his desire to become richer is not something we can complain about but he is throwing away morality and indirectly attack others, quite a few people have probably recognized the real face and no longer let Elon Musk continue to manipulate, the prophecy has been invalidated |
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When the going is good in cryptocurrency market, you rarely think of huge risk you are taking when you enter a postion base on sentimental reasons and market situation! It is important to make sure that your risk / reward ratio is moderate! It hard to recover losses than preserving capital!
taking into account the risks and rewards in trading is needed every time we transact. By knowing that, we don't just focus on profits which can sometimes be depressing because we are too sure of the analysis. with the calculation of risk, then we can think logically, that in trading we must dare to accept losses if our analysis is not appropriate. - Indeed, this management is a message, a sobering reminder when we've been too busy buying and selling, instead of thinking about profits and frequent wins, we should know about other variables of the market, except winning, the market will also inevitably fail, and when the market has failed, some individual attempt to buy more goods, it doesn't really make sense like risk management, we can't fight what has to happen, mitigating is the better thing we should do. |
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There are still a lot of airdrops and bounties created so it still attracts more people in the community, if you have the time and do no have the means to invest, airdrops and bounties, are the means to get hold of newly created coins, but there is no guaranty that these coins will yield you profit, it's still gambling participating in airdrops and bounty hunting.
- Investing also cannot be a routine activity and every day, it needs the right times, besides, what I see most in people during this time is probably the time, people's time at home is still relatively large when the government is suspending a lot of activities and restricting movement of everyone until the Covid situation is stabilized. Airdrops and bounty are what can be added to the empty hours that we are skipping every day in a very wasteful, not completely profitable way but some new experiences and knowledge are also quite interesting |
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Covid really brings changes and influences on digital currency in the world. we can feel now, the world is undergoing a transformation accelerated by technological assistance to enter the era of financial 4.0 or open banking. The COVID-19 pandemic has accelerated digital adoption, such as the use of digital banking. The adoption of online and mobile banking has experienced very high growth in recent months. Meanwhile, the presence at bank branches and the use of ATMs are decreasing. and crypto? The altseason has occurred as a form that public awareness of crypto is high.
- Limiting face-to-face contact and working from home are topics that we often see when Covid becomes stronger in the community and out of control, this boom is also an opportunity for digital currency to step a few steps into people's lives, many people have invested here in the hope of making a little extra money during covid. People are already quite aware of the existence of digital currency but this may only be their temporary direction, sometimes the development here is not so potential, that could take this development back a few steps |
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if trading is easy all of us are traders now but theres lots of messages i read daily of people having a difficulty in trading or they simply want to learn trading with the help of other pro traders because they find it impossible to learn trading on their own .
and you only lose when you sold at the wrong time , not when you buy when the price is high because you can hold on and make profit when price reaches another high .
Honestly, it was easy at the start, what makes it difficult is how to trade. This is all about decision-making, when to buy and when to sell. This is where trader finds it so hard and make them also to suffer losses. There is no profit assurance in trading which OP had denied telling us. The real thing about trading is that just like gambling, aside from having skills and knowledge, you are also asking to have some luck. I know, many got unlucky and these people quitted after suffering losses. - I don't deny that sometimes a little luck creates enough enthusiasm for us to survive in this market but luck should not be a reason to think that trading is a form of gambling, it's terrible to think that way, this just shows that we do not believe in the professional competence of a person who follows the profession of a trader, this market needs a sharp brain, flexible and know how to overcome each bad situation that the market brings. These elements also symbolize that trading is not so easy and luck is also a rescue factor on a few occasions, cannot save us in all situation |
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Idk about 20k but maybe 10 bucks one day.
I read about people thinking it was impossible for bitcoin to reach 20k and likewise even more recently. In my limited crypto life. I remember when people thought it unlikely for doge to even reach 1 cent. talking about how it would have to have ____ market cap and etc and a dollar was even more unlikely. So it reaching 70 cents. who knows, it might reach a dollar or 2 even within the next few years.
10 dollars is a more reasonable prediction and yet it is not an easy thing to achieve, people look at the price of each dogecoin and think it is cheap however we need to look at the market cap, 10 dollars for each dogecoin means 2 times the current market cap of bitcoin and a 30x growth, so unless you are willing to give a minimum of a decade for dogecoin to reach those prices even something as low as 10 dollars per coin does not seems as something easy to reach. - Your consideration is too respectful for dogecoin, dogecoin has very little promise you can expect too much from it, the past was the help of Chinese miners, now the strong voice of Elon Musk but these stories are just trying to keep some memories of old projects, they arrange the story as a show for near-retirement projects, which is beautiful but somewhere, the age of the project did not allow it to go any further. Every year dogecoin anniversaries will still be celebrated this way but don't expect more from it |
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To be honest, if people will be more open-minded when it comes to cryptocurrency which is shaking the world recently due to that there are so many people who are getting rich here by just trading and investing in cryptocurrencies such as bitcoin. Bitcoin is the famous virtual currency today including Ethereum and dogecoin who is being hyped by Elon Musk so if we will be looking forward to what would happen for the next 5 years then probably there's a huge possibility that in the year 2025 all countries are trading Bitcoin.
- - The issue that should be considered here is only legal and illegal because from the investment and trading activities of bitcoin, I see the number of participants in many different countries, Bitcoin's network is already traded and exchanged in countries, no need to wait a few more years. However, the popularity of bitcoin is not bringing acceptance from the government, the goal that many are expecting is a legal rule and a few years from now may be the light on this matter, currently, the resistance from the government is still too great |
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Most people experience the same, the value of the assets drop so much more than 50% maybe. As what I am also facing right now. But, what's for selling off these coins right now? Selling them right now only means we are losing our money at all. I am still holding and prefer to hold them at least until the basic funds are back and try another trading again to get profits. Never panic sell when the market dips and when you are not using CL at the right time, you may be better to hold them.
- Agree, the past is the time when we sow a lot of hope so that the market can strengthen stronger, especially focusing on the projects we want but when the price increase is too stable, we have been less proactive in taking profits and being more greedy besides this market, the subjective situation has caused damage and turned our positions upside down, no longer profitable, all are back to the negative mark. The sell-off is only useful for early adoption, projects are overrated and foolish to invest in, it could be a big failure and we need to deal with it, top altcoins have more respawn conditions but quite a crisis |
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Please advise which one is best. Which one is more profitable? Crypto trading or Forex trading?
In case you are really good at it, both will be good. But if me i will focus on 1, not because this is crypto forum, but some of my friends said that learning forex trading is not simple like when you're in crypto. In crypto you have spot, if your analysis is not correct you can hold your coins and not considered lose if you not sell your coins yet. With that simple thing i pick on learning crypto trading. - If you only listen to opinions and some advice from friends, giving up forex too soon is somewhat cowardly and irrational because they have more time in forex than you but maybe they have not been so successful and they have imposed the mindset that forex is not easy. However, they do not succeed will not show that you will move along a similar path, you can still create other milestones, the truth will be clear when you experience a most realistic fight, crypto trading and forex are two ways that can make money and support each other, learn when we have time and opportunity |
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Frankly speaking, the best opportunity to buy BTC with fiat will be at 30k$, which will be the lowest point for now. It won't be falling below that for a long time now. The bulls are clearly defending the support and even 34k$ is a good price.
- Today's crash almost broke the lowest buyable price you said, the bulls seem to have been unable to defend their territory and they were forced to retreat, the bears gathered here are overcrowded and preparing for another invasion, another golden opportunity may appear this year but at what price zone will the golden opportunity appear, we can only decide by the skill of an investor. But before we add money to investment, we need the bulls to rise up and take more land, can't let the situation get too bad, it's very dangerous when we support them. |
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