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The reason I am personally concern with the world going cashless is the difference in technological advancement. Like where I reside you can not get any thing with BITCOIN directly. Beside it's even hard to get BITCOIN sometimes and even some paper money banks take forever to transfer noney so many businesses in my area don't even allow cash transfer. To me running a cashless world in my country and continent will bring untold hardship that will lead to the death of so many people if not all
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BITCOIN in developing countries will continue to thrive in the hands of those that are knowledgeable and also believe in bitcoin while the governments of the developing countries will try to hoodwink as many as they can to enable them keep or maintain the value of their collapsing paper money. They can't stop the use of BITCOIN because of the fact that people are beginning to yearn for time freedom and money freedom. And with the amount of profit that BITCOIN generates, more people will embrace it as soon as they are acquainted with it.
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Many people work hard, but only a few become really successful. That is because smart work is what makes the difference. From physical to creative work, life management skills, time management skills, understanding the system and the territory you operate in,
knowing what you want, being in the right industry, providing scarce resources to markets with a high demand, looking on the bright side of life, carefully selecting the right opportunities, thinking before acting,
focusing on creating, delivering and capturing value, innovating and being bold, having control, leveraging other people’s time, leveraging other people’s money, standing on the shoulders of giants, being proactive and having emotional control, networking and asking for help, putting yourself first, considering limits, hanging out with the best people possible, building on your strengths, the right timing, knowing when to cut the losses.
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Gamble means a significant risk, undertaken with a potential gain. To me every thing that is done without anybody being able to control the outcome is a gamble. For you to make financial profit in cryptocurrency market, you have to take the risks so it is gambling.
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The only way the government of all the countries in the world can unit to ban BITCOIN is that they will first of all ban the use of internet worldwide and you know that is impossible because the internet is part of the day to day activities of even the government. The only thing the goverment of some countries can do is to discourage their citizens from using it by telling lies of how it will soon crash like my country's government is doing already but I still use BITCOIN.
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A successful trader must absolutely be an educated trader because the amount of profits or losses one gets is dependent on what the person knows and does not know. Success in business means financial profitability which basically is a consequence of making right decisions at the right time which is a product of knowledge.
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Honestly, I think it is absolutely impossible because of the difference in the level of development and difference in the level of technological advancement in different Continents of the world. There are people in my country that will not accept U.S dollars for goods or services provided. They want what they know and understand. The amount of alternative coins in the Crypto world proves that people have started resisting the use of Bitcoin as the only digital currency
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Things work for those that know the tricks of the business or career they have chosen to pursue in their lives. The crypto trading like every other business also need constant learning. Knowledge is the key. Keep emotions aside. Be quick to decide, be patient
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Cryptocurrency is really changing the way game lovers enjoy themselves. It's really awesome to know that while you enjoy yourself you can still do business with Bitcoin Crown. It is an amazing idea that will change people's attitude to online gaming. I encourage every one to be part of this awesome project
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To me the way to trade right and right is having the required knowledge about the cryptocurrency market itself. Then also carry out research on the particular coin(s) of interest. Like learning to set goals even before starting the trade of the day. This way you know when to exit a trade. And also learn to be proactive and patient
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For one to be really successful in cryptocurrency, the quality PATIENCE is not an option but a must else the investor will end up being frustrated because he/she will sell whenever the market is bearish. Beside whenever there is a lost in business most people will just quit.
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The advantages of BITCOIN are so many and the fact that any one from any country, any age can send and receive bitcoin within minutes to me is the most interesting. Then there is no ID card, passport or proof of address that all other conventional banks require to open an account. Quick and cheap transaction fees. Above all the amount of profit it generates
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For me I think Facebook can only change the way people in countries where technology has advanced, technology has been embraced and there is rule of law vote. In where I'm residing, they report what they want you to hear. It can't
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For now no because for people in developing countries to trade in bitcoin they need to trade fiat for Bitcoin then after the trade, they need to trade BITCOIN (profit) again for FIAT since there are no markets that accept BITCOIN in this developing countries.
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The best way to invest is first of all reading and comprehending the white paper of the coin you want to invest in. If you believe it has potential, then you invest your spare money since there is no guarantee. Your own research is the key
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