I am often skeptical of the cryptocurrency market because cryptocurrency has neither a worldwide community nor a rule to make coins, so my faith is not more than just 10%. This is because 2 3 Coins of the same name can also be made. Ho and no one sends you any legal notice or banner and if 10 projects come in 1 month, then 8 of them are fake, if this problem is not solved then trust in this market will not increase...
That's quite harsh of trust you got there but I understand getting into the fakes anyway. The frustration is real on that one buddy. I guess I couldn't blame you, because me as well stopped in finding a lot of projects back in 2017 when ICOs scams started to pop up ruining its name to the grave til they disappeared.
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Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
Uhmm why not? Just buy if you have some savings left that you won't mind losing. The common mindset because probably the only thing holding you from investing is that you might miss the train already but that isn't the problem because you might miss even more if you don't do it exactly right now.
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Not sure who bubbalex is but I frequently read his name when it comes to bounty management and I believe that pertains a good management. I've been under Hhampuz's management here in 777 Coin for over a year before CryptopreneurBrainboss become the new manager. Both of them are great by the way, I suggest you take a look on how he also managed our campaign currently. I can tell that Hhampuz already had a lot of experience in handling campaigns, and I guess it just comes to that when we're looking for people like them. You don't instantly see those kind of people, because it takes a risk to trust especially now you're talking about JR Member accounts. Trusting Jr. Member accounts easily would like trusting someone in a workplace while they just been in the workplace for a month, and that ain't even enough to build reputations yet in real workplace as it takes years for some actually. thousands of activities > 30-59 activites. Plus add the merits Although I can suggest some users even if they're aren't in DT to at least leave an honest feedback to the manager. That way we can find peoples in Jr member rank similar to the reputated members you mentioned. It takes 0.00000 BTC and $0.0000 to leave one and that's why it is open for all anyway. I did one for Hhampuz back in the day after he stopped managing our campaign. It won't be visible to most of the members, but it'll help.
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
Easier said than done. Emotional control is quite hard actually and I believe that even the professionals are struggling with it still. You know when it is profit you'll surely be happy and the factor that ruins your patience to hold a bit more is that you get flashbacks from the past time that you had your FOMO.
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bitcoin is techically more superior then ETH ,yes but the use cases are bigger for etheruem now!
real utility for ETH ARE BIGGER.
ETH: defi, icos, dapps, stable coins. also the very good liquitity !!
BITCOIN ?
yes you can buy thigns with btc but so you can do with ETH.
You can't actually compare both in terms of volume and price because one for sure defeats the other one from it. Both are aiming for different purpose in terms of how it is utilized. Say you're a programmer, you're like comparing different programming languages that even aims different for its purpose but aiming generally to be a digital payment.
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Hey, i think another round of newbies getting entangled and trap in the current bull run is about to happen. we watch bitcoin move very fast from 15,000k to 17,000k within days . Not just the normal gradually process but as fast as we never espect.it looks exactly the same way it happened in 2017. many got trapped and they regrets the move. the ground is set and i am certain it will happen again. Everything Mooning like someone is sitting somewhere pushing the gas. experience traders are riding the bull and making money, influencers are pushing those that care to listen while the Newbies are screening. GO BITCOIN, GO BITCOIN. Just be careful and Never forget to use the stop lost(its like a seatbelt) because we will definitely meet the bears on our way up some day. But that day is not soon so lets enjoy the bull together.
Kinda having flashbacks right now, aren't we? I remembered back then when I cannot sold my Bitcoin holdings just because I am still a newbie back then and I can't determine the ways on how to do it. Now that it seems like USDs are not starting to pop in wallets of many these days, and now I know how to do it, seems like I'll be one of em soon.
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Sold my ETH back then, but I got no regrets that I currently have only Bitcoin in my wallets, because it's like Bitcoin became my save when the market just decides to moves up when I don't want it and now that Bitcoin got bullish, I think Bitcoin's only in my mind on what to sell. I guess I'll just buy Ethereum after this raise starts to calm down a bit.
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Yes, this will definitely add new money, new volumes and increase the overall market cap of the crypto market. New mass money will be able to enter crypto in a legal and compliant way which will do wonders for the crypto market. So after paypal activate this service for real i expect market to react positively and bullishly. It's like the same way as our local app here in the Philippines wherein we used Coins PH. Though I am not sure if it already allowed crypto holdings but I just kinda remembered that I was using digital wallet when I saw that they also allow the purchase of Bitcoin. Would Paypal consider extension of this though? Like allowing it for payment to certain reputated merchants?
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I just tried day trading in eth and the price fluctuations which happens continuously is something where we can make profit in daily basis, guys from today morning to evening I could have earned nearly 15 to 20$. Buying low and selling in a reasonable profit, again when it comes to my price I use to buy and sell for a reasonable margin this will work only if there's continuously fluctuation, just have a try and make daily profit.
Seems like you took advantage of the price fluctuation. Well I am glad for your earnings there,mate. It is like simply just a buy at low and sell at high mindset, and I am still scratching my head sometimes on why this concept is confusing to some people still.
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Can someone point me to where I should begin? And one more question: What is the minimum amount of money needed to start?
Minimum, none actually. Just save up and trade when you think you're ready though you might get limited due to exchanges minimum deposit fees sometimes. For learning, do youtube videos. There are a lot of courses there for free and there's where I learned the minimum basics of day trading actually.
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It's simply because of the difference of the supply that circulates around the market. ETH and BTC are different when we start to talk about scalability. Consider as well that many people are into Bitcoin, but that doesn't put ETH into the corner.
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As we all know we face so many circumstances in 2020, that could have crashed bitcoin and alt coins market. Economy of many countries has down very fast. The covid-19 is still around. As this year is going to finish but i see many good changes in this time frame. In my opinion crypto performed very well is this time.
Yeah kind of, we got adoption from Paypal recently and I think that at least becomes like a signal or even a beacon for non-crypto holders to at least check Bitcoin out. Price of Bitcoin kinda went really bullish and I am having flashback on what happened back in 2017. Surely our aim now should be pushing through 20k.
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It's mostly the demand, the whales are the specific person that do those because of course they buy a lot of coins. Sometimes hype do as well in some coins. See those other coins getting pumped and dumped? Yeah they're the ones for hypes mostly and just die throughout the night.
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but they will not decrease. scammers will continue to exist even if we don't choose them. but if you look at the current bounty hunter character it will be difficult to carry out what you say. many people only choose projects by origin. We got a lot of scammers already outside crypto, what more of inside of it plus it is in the internet anyway. In the internet, you never know who are the people behind the monitors that's why it is more of a risk to throw your money in the internet even when there are sets of regulations.
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Erase poverty? How? I can't think of things or even reason that crypto will help eliminate poverty. I believe this was discussed already back in 2017 and yet a lot of countries still experience poverty.
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That's right, it's time for all governments around the world to agree to protect crypto assets from scammers because I think crypto has now become a commodity even though it's not the main one. at least alternative investment and payment will be very suitable to be used using crypto. That's a bit of a double-edged sword when you think of it. I think nobody wants their money to be under put to watch by the government. If I want to hold millions worth of an X coin, I would just want it to be known by me otherwise the authorities might try to hunt me down on where did I get that sum amount of money.
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It'll just co-exist. Though many regulations happened already like banning of cryptocurrencies, in other countries, for sure it'll just co-exist with our banks these days and any sorts of digital payments using local currency of each respective countires. It's impossible for it to replace nor be against the other because both have different aim and functions differently. One, depends on the coin, is decentralized and the other is regulated. Coins like Bitcoin is for sure decentralized.
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Don't be surprised by those reaction. Many have been scammed already by any type of project you could think of. ICOs? IEOs? STOs? People just do sometimes what it means to stop scams, because those scams are like snake pits found everywhere and anyone still falls for the obvious. Take the red tag as a warning to how would you approach the BM with that reputation. I believe that red tags are reversible anyway once the user proved something.
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I wouldn't consider USDT to ETH unless I am ensured that profits are surely gonna arrive my way. Even though BTC -> ETH is quite full of risk unlike the other one, BTC never failed to somehow give profits regardless of its volatility. It is still doing its usual nature. It is still going both side of the walls and trends.
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Altcoins are really scary, if you can do some research you will see many good altcoins that had very good start and value in 2018 and are still alive today but we never heard anything good from them anymore for some reasons, they are now like ghosts, honestly altcoin investment is more scary, this is why its better to always take profit, most especially from new altcoins, Profit is Profit, either big or small.
That's why many tend to stick to Bitcoin, because it is far the most safe investment regardless of the volatility it gives, unlike many altcoins that just tend to dry up overnight because of many dumpers. It's like a common custom now to many new projects and that's quite scary to think of right now to be honest.
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