This is the wrong way to look at bitcoin or cryptocurrency as general.
I agree in past, many people have become wealthy by buying BTC at really cheap and then holding it. But trust me, many people sold after 2x-3x profits where they could earn 200x-300x profits by just holding for a few years. We are still in early stage. But people give up to volatility and exit. You can make it big through short term trading as well. Long term can be beneficial too but it involves more risk. You need to understand how much profit are looking for, for what purpose and in what interval. This will answer most of your questions.
Yes, I agree with your opinion. bitcoin and cryptocurrency cannot make us rich without maximum hard work. all successful people must start from zero, then they learn how to earn money from bitcoin or cryptocurrency. a wrong perspective if we look at people who in the past had bought bitcoin when prices were so cheap, then they held it back so that now they can get rich. I think we will still be able to become rich with Bitcoin if we want to learn about trading strategies. and willing to work hard to find capital to invest with bitcoin. |
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yes i agree with you, bitcoin and blockchain is a great invention in this century. I have also felt the benefits of bitcoin. I can achieve financial freedom too because of bitcoin. and I also consider bitcoin as my future. but if someone doesn't like bitcoin doesn't mean he has no future. everyone has a different way to reach their goals in the future.
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mass adoption of what?
mass adoption of bitcoin?
obviously! it has been growing for 10+ years starting from the day it was created and we still have a long way to go too.
mass adoption of altcoins?
not at all. it has not even started adoption, let alone mass adoption because none of them have yet focused on utilities and usability so far.
mass adoption of the technology?
i wouldn't call it "mass" adoption but there is a lot of hype going on specially with Facebook creating its own shitcoin soon. there certainly is a lot of other companies, banks and even countries government trying to adopt the technology.
I agree with your opinion, every year the number of countries that adopt bitcoin continues to increase. and for blockchain technology is also highly developed, many banks, governments, companies and industries are replacing their systems with blockchain technology. blockchain technology makes data or money transactions faster, safer and cheaper. that's why every year the number of countries adopting bitcoin is increasing. |
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How much, in your opinion, has international relations influenced the world economy and what do you think about it?
yes, I think international relations can affect the world economy. especially strong state relations. such as international relations between China and America that are not good. this can have an impact on the world economy, because both are strong and developed countries. currency movements of these countries always have an impact on other countries. |
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yes, I have read it, 3 things that I think will be to make the price of bitcoin go up. indeed we must remain optimistic in looking at the future, and this news I think aims to give confidence to everyone. but I myself still doubt if by the end of 2019 the price of bitcoin will be 20k. in two months 2019 will soon be over, could it be that soon? although I doubt it, but I will still wait for it. I hope everything will be realized soon. |
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I agree with your thoughts, I've also felt it. it is true that skills in trading are needed to minimize the amount of loss and to seek profit in trading. because in my opinion it is quite difficult to ensure that trading is always safe without loss. experience in trading can be a means of introspection when trading at a later time. sometimes expectations are not in accordance with reality, so patience is also very necessary to control emotions because of panic. I think those are the first steps in securing trade.
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Yes, I agree with you, we need to be more careful with projects that offer great prizes. because maybe some of the projects are scams. they offer great prizes for dancing us to join in and promote scam projects. and then they run away with investors' money. it's better if you want to participate in a prize campaign project if you choose a project whose manager and team are experienced and honest people. even though the pay isn't great.
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You have tried so hard investing in different ICO and IEO without any success, you have lost at every investment you made, it is time to take a break. You have participated in hundreds of bounty campaigns without anything to show for it, it is time to take a break. You have been a bounty manager for years now buy every campaign that you have managed has ended up a scam or shit, it is time for you to take a break. Though some may advise you to try harder but i put it to you take a break, you cannot live all your life trying harder. Maybe you need to enjoy the forum for some times making necessary research and reading through every quality post to learn necessary things. You can also try your hands on other things. Get things straight, no matter how hard we try, we cannot all succeed in the crypto sphere. As an investor, stop loss. As a bountyhunter save your time for something reasonable. As a bounty manager, i know your integrity is important to you.
Take a break!
This just described the situation of most of the people over here in this forum, but I wish just by taking the break everything can be fixed as it does not work that way because a portion bitcointalk.org forum users are fully dependent on crypto based projects like bounty, Ann thread, signature designing and bounty management for their livelihood and they cannot just take a break. We need to learn from the mistakes we made and try valuing our time and avoid working for such scam projects anymore. I know not everyone of us can succeed in this crypto sphere but we all can try and not give up until we get the project which can change our lives. yes i agree with you if we are a bounty hunter i think we don't need to rest. if the project we take part in is not a problem we don't lose money we just waste time. but we must not give up there are projects that can be relied upon and with the scam project earlier we can be more careful in choosing projects. when we enter cryptocurrency we should not easily give up keep trying and trying. success is only owned by people who are patient and work hard. |
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i have got around $1500 to invest in coins which coins do you guys suggest to invest in for quick money ? a year ago I have invested in STRAT and Sia and I lost big amounts and regret investing in those coins.
I'm thinking of investing $1k into BTC as its low risk but I would like to risk the the other $500 with a coin that I can make quick money with it
yeah i think the sharing is pretty good using $ 1k to buy bitcoin and which is $ 500 for altcoin. I suggest to buy XRP and BNB. I suggest XRP because currently the price of XRP is quite low under $ 1 and I am optimistic that XRP in the future the price can increase. and BNB now costs only $ 19, quite cheap. in my opinion those two coins are potential coins. but I suggest that you always do your own research before deciding to invest. |
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Hy all. How are you. Bitcoin will rise to the moon in early 2020, do you know the reason? One reason is that more and more people are familiar with crypto and the digital world. Thanks.  yes I agree with you with the increasing number of users and countries that adopt bitcoin and blockchian will make bitcoin prices more expensive in the future. especially in 2020 when bitcoin is halving. when halving day reward per block will be reduced by half. this reduction will have an impact on bitcoin demand and supply. many predict the price of bitcoin to rise. this is the moment we are waiting for bitcoin to go to the moon. |
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what scared me the most was when the coin I selected was dumped and couldn't pump anymore. I lost quite a lot earlier this year because I chose the wrong coin. from this experience now I prefer to choose the top 20 coins because it is guaranteed safe and impossible to crash because it has long survived in the crypto market and has a large trading volume.
sometimes I am also afraid of losing a private key like you but then feel calmer when copying on a piece of paper and keep it in a safe place. so if one day my computer has a problem I can rely on the paper.
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yes I think every trader has their own trading rules that have been believed and carried out. I myself trade principles and invest as much as you can afford to lose. and I also always do research before buying or selling coins. and the last thing I always principled is not greedy I will not wait for the price of coins to go up high to sell. when the coin has increased 30% I will sell and take profits.
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Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.
Before becoming a monetary system, Bitcoin must be able to preserve value over time. After that, he becomes able to earn society's trust and become a genuine cash.
People accept dollars because they believe that money is still backed by gold (as it was until the end of Bretton Woods), or because (unfortunately) they believe the government will guarantee the value of the currency.
That is, people believe in Dollar because they are sure that money will be at the same value tomorrow. Although this is not true.
99% of the world's population still does not understand, do not know and do not trust Bitcoin. And everything is fine. Bitcoin adoption is a lengthy process that may take decades or centuries to happen.
Bitcoin has never been about just being a simple means of payment. It is not like VISA or Mastercard. He is a legitimate Digital Asset and as such needs to earn trust until it is adopted as money.
Do not spend your Bitcoins. Not now.
yes you're right we can't spend our bitcoin just to shop. because bitcoin is an asset that can grow and experience price increases in the future. but if everyone thinks like this there will be no movement on bitcoin and this will make bitcoin die. I think the use of bitcoin as a means of payment is also important so that bitcoin continues to grow and can be adopted en masse. when bitcoin usage increases, demand will also increase and can make bitcoin prices go up. |
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in my opinion it is better to save money in the form of bitcoin because if we save fiat money it will not provide benefits and also in the future this fiat money will definitely experience inflation. so that I prefer saving bitcoin to fiat money. in addition to bitcoin investment tools can also be used for trading commodities. so we can benefit from bitcoin trading. but we also have to be ready when bitcoin prices go down. but I am sure the price of bitcoin in the future will rise again.
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I have never used bitcoin to buy goods. because in my country it is forbidden to use bitcoin for payment. the government only allows the use of bitcoin for trade and investment and also in my country it is difficult to find stores that are willing to accept bitcoin as a means of payment. so far I only use bitcoin to trade and invest. I hope one day I can go abroad so I can use my bitcoin to shop. and hopefully my country will legalize bitcoin as a payment tool soon.
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We have been seeing news about major industry players dabbling into blockchain technology since Bitcoin rose into popularity. Are they merely hyping the technology, or is it really worth all the media attention that it gets?
I think because they really like technology and blockchain technology does have many advantages and can also be applied in industry, companies and governments. blockchain technology is very revolutionary by using blockchain all transactions will be more transparent, safe, fast and also cheaper. so it is not surprising that if the number of companies applying blockchain technology will increase. |
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Hi cryptonias I have a friend who is very worried about his portfolio because since 2017 he haven't been able to make huge profit out of crypto cos he has no money to invest and i told him to joined airdrop and bounties ,his worries now is all his coins and tokens are not popular ones this is his list
1)Apollo currency
2)electroneum
3)senno
4)slate currency
5)avinoc
6)snapparrazi
Etc all this are make from airdrops and bounties and the highest ones are around 50$ presently the rest are 30$ down ,what kinda advice should I pass onto him?
in my opinion the coins he has are coins that cannot develop in the future or junk coins. so it will be useless if you hold it. if the assets he has are worth $ 50 then it's better to sell and buy XRP. XRP is currently only $ 0.29 and I think $ 50 can be used to buy XRP. in my opinion XRP is more potential than all the coins he has. or can start looking for real jobs and use part of his salary to buy bitcoin. the best coin used as an investment tool is bitcoin. relying on gifts to get tokens I don't think is good. because most bounty campaigns are scam projects. |
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to be honest the first thing that caused me to enter cryptocurrency was due to profit. but then this blockchain technology is very interesting to learn and in my opinion blockchain is a new breakthrough in technology and can be applied in all fields. by using the blockchain the transaction process will be faster, we do not need a third party and are more transparent. by using blockchain I think it can reduce corruption. so now for me crypto is not only for profit but crypto is also our future.
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yes you are right therefore I always say fiat money will always be there even though the government has adopted blockchain and cryptocurrency and legalized bitcoin as a means of payment. because some of our society is not ready to use cryptocurrency and we also need infrastructure that supports cryptocurrency.
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I don't think Google's quantum computer will be able to destroy bitcoin. because I'm sure bitcoin developers and pioneers will improve the security of bitcoin so it's not easy to hack. and I've read that Google's quantum computer uses the sycamore quantum processor. and this sycamore is only 53 qubits, and it's not enough to break the bitcoin blockchain.
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