If you decide to go by cryptocurrency way (by Hodl as some has suggested) how are you sure that the price of Bitcoin will increase? Just like yesterday the money I sent to my wallet around 8:00 am that I wanted to use in making some payments, the price of bitcoin decreased a bit and I lost a part of that money.

So, I had to fund the wallet with extra money to do what I wanted to do. And yes after I was done the price still increased a bit later on. That’s how it is, you can still invest an amount you’re okay with and leave it there. You can then look for other online jobs that you can do. There are sites like Upwork, Freelancer, Fiverr and the rest of them that you can use to get jobs. If you want to be getting paid through cryptocurrency there are freelance platforms that will pay you with that.

You said almost everytrade he manages to make profit, which means he doesn’t make profit on every trade. So to you, do you think that taking a loan from bank to start trading cryptocurrency will be a good idea? There are times that he loses, what if he happens to lose more times after borrowing loans?

There are times you become anxious after you have lost some part of your trading money; at this point of time your focus is no longer on the main thing, you will only be focused trying to recover your losses and in the process of doing this you will keep on losing more money. I’d say that you should allow him, if he thinks that taking loan is not a good idea then he shouldn’t try it. Don’t force him into what he might regret later.

First of all, the coins you are holding are not even top coins, they are below the top hundred coins in the market and it’s likely that you have invested in some coins with bad market. Those are the kind of coins that are not worth investing your money in, though not all of them.

If you want to invest your money you should invest your money in the top coins like Bitcoin, Ethereum, XRP, ChainLink and other top coins in the market. Sorry I am not surprised that you were disappointed with Hodl. But whatever, trading is also good if you know how to trade. If you really know how to trade you’re going to make good profit from it.

I believe that there are simple procedures that you can take to avoid your wallet being hacked and your cryptocurrencies being stolen by hackers. The first thing is that you should store them in a secure wallet and a secure device, maybe a separate device that you don’t really use much.

You should also avoid clicking on links that you know nothing about, because those are mainly the ways that these malware can be installed in your system/device without you being aware of it, and that’s how they collect information and also gain access to your wallet. You should also stop opening unsolicited mails, once you see them, mark them as spam immediately and delete all.

Yes, we should all be making use of digital payment methods, but that alone is not enough to stop the spread of Coronavirus, there are other things that one has to do as well to avoid being infected with the virus.

You should as well try to stay indoors and make sure that every food and meat you eat is thoroughly cooked and try to wash your hands as much as possible, and avoid touching your eyes and your nose, because those are how the virus can be contacted. Digital payments are good and will help keep a distance from people, though cryptocurrency is not all that popular now, so people would opt for other means of online transaction.

There’s something I really want to understand here – the price of BTC managed to get back up from as low as $3,850 to the current $6,600 and nobody said anything about. But, now that the price is down just a bit (3%) you’re already asking what could have lead to the decrease lol?

This is cryptocurrency and cryptocurrency is volatile, so you should be expecting price fluctuation at any moment. If you think that the price will keep going up all the time then you’re making a big mistake because that’s not how it works, there will always be ups and downs, the price can’t be stable. So we shouldn’t be talking about Covid-19 by now, yes it happened and it affected the market to this extent, but the market is already recovering. Stop tagging every little thing as Covid-19.

Gold is trash? How could gold ever be trash? I mean it is literally used in many stuff, I am not even talking about the monetary value here, it has a huge store of value and it has scarcity and it always gains value over time etc etc, I am not even talking about that, gold is literally used in making some stuff, for the simplest thing there are gold jewelry for example, that is literally just one part of it.

So, when you say gold is trash, that kind of means you think it worths nothing, it should worth nothing, that is so untrue that I can't believe anyone would ever think of it like that. Sure gold is one thing, we could have picked something else to be this important, but we didn't, by that logic oil is trash as well, can you say we shouldn't value oil?

Can we now call it a store of value? Because, as you can see while the world is going to shit and many nations are at the blink of bankruptcy and IMF is offering TRILLIONS in relief efforts with close to zero interest rate so all in all the economy is terrible right now.

However crypto is recovering, many coins are amazingly high, that is why there is a store of value talks going around in crypto, that is why bitcoin should be held no matter what. Hell there is a dilemma that since bitcoin will ALWAYS go up forever in the long run, so whenever you sell bitcoin you are losing money in the long term, so if you buy it and you can't sell it, that means its futile, so in order to make it profitable, you have to sell and lose on future profits and just take the current profit.

Yeah, cash is still the king no matter what for many situations. I would rather have 10k cash in my hand right now than 10k bitcoins, because with bitcoins if I want to spend it I will most likely to change it to fiat and spend it that way, on contrary when I have it in cash I could simply just spend it right there and than. This doesn't mean I like cash more than I like bitcoin, this doesn't mean I am not a bull when it comes to crypto, this just means that in "right now" situations cash is still better.

However when you look at longer term, as an investment bitcoin is far superior, everyone should rather have bitcoin to hodl over cash. These days were just moments we wanted cash right now, that is why it dropped so low for a while, now it will recover for the long term.

The first time prices dropped down I was really assuming it was manipulation because the halving was getting closer so maybe the people who dropped it took advantage of the economical situation when people didn't had the money to buy bitcoin and increase it so they started selling a lot to drop the price and that way they could buy smaller and smaller and slowly.

What people do not realize that, if one person can sell 100 million dollars worth of bitcoin all at once and drop the price, they could continue to pay 5 million dollars a day without increasing the price too much, so they end up having a lot more bitcoins but same amount of dollar investments usually.

I suppose the panic is over isn't it?
I mean there are levels of panic and that is true but honestly do you really think that it could get any worse?

I was assuming that the world caught up on the dangers of corona and everyone is reacting accordingly, sure there are still idiots out there all the time that doesn't do anything about corona and they are walking like nothing will happen to them and then they will end up dying anyway so that is basically Darwinism at its best.

Long story short I do not believe it will go on like this for years, obviously it should be ending in couple of months, maybe not go away 100% because none of them ever does, but in the end we will see it become something natural and easy to get better about, look at influenza, it killed millions but now its common flu.

We have been getting stuck at above 6k for a while now, we have tried so many times to break above it, we have actually peaked around 6.8k once as well, that looked like it wouldn't go down under 6k but it did so we are still under what we need to be right now, we backed up and went down again after that as well, so we are still having some hard time after going up so much, this means there are buyers but there are sellers as well.

We need to stop sellers, I don't know if it is just making money during this time, I don't know if they are scared, I don't know their motive on why they sell their bitcoins but if we make sure that they don't sell as soon as we go above 6k, we could actually stay there. That is what we need right now, protect the gains and minimize the losses.

The trouble that these people who talked about "buy when it is low" are not realizing is the fact that it is low because we ran out of money to begin with. I mean if we had money then we wouldn't sell our coins, I personally didn't sold any and by the looks of how much was sold we can say that it was a huge company or a very wealthy person since the number of sold coins was just simply too big for couple of regulars.

However it was sold because stocks crashed, markets collapsed and everyone needed money to cover the debt, so basically we can't buy when it is low because we already sold to cover our issues anyway. So, when you say buy when it is low next time remember why it is low to begin with, it wasn't low because some people got bored of bitcoin suddenly.

Bitcoin price and ethereum price (or any altcoin price) has this very clear connection between them. Lets say that one xcoin worth exactly 0.1 bitcoins right? In that case when bitcoin is 5000 dollars the price of xcoin will be 500 dollars, when it is 6000 dollars it will be 600 dollars so basically as long as the price between xcoin and bitcoin is still 0.1 and doesn't change, the price of xcoin will only change when bitcoin price changes. Ethereum/ bitcoin pair usually stays the same during this big times, which means when bitcoin drops the price of ethereum drops as well, when price goes back up the price of ethereum goes back up as well.

The only exception happens when ethereum to bitcoin prices change because in times like this people buy bitcoin with ethereum, they later sell that bitcoin too but bitcoin increased when you bought it with ethereum and dropped back to what it was, so no change yet ethereum only got sold so it changes.

I feel like maybe we might be underestimating the economic infrastructure of the world. I understand that bitcoin is not affected and all that because we can't share a virus via online payments and bitcoin is great however we are in bigger trouble than just that. All of the world is scared right now and staying at home, that means lost profits for many places, how could we really expect bitcoin to not get affected right now.

There is no way we are unaffected by this, of course we would be, I understand we all love bitcoin and we all want to see the good parts of bitcoin however lets not think that this has anything to do with bitcoin, it is not and we can't really just look at it from out side, we have to look at from the sellers point of view as well to fully understand the situation.

How could anyone think that billions of dollars lost all around the world, maybe a combined over a trillion dollars lost will not affect the economy. And more importantly how can governments help the huge companies with troubles so they could literally buyback their own shares with that money?

How is that helping the world, at best case you are buying it for people who had enough money to buy shares from those companies, not horrible, that is cool, however it is not enough AT ALL. We are in a situation where even republican Americans are saying there should be one time payment to all citizens so the world can continue to turn.

Giving 1000 dollars to every single american would cost less than 400 billion dollars, every single country could do that with their own national currency and whatever would help, governments are getting our taxes so they could do something with it, right now it is time they pay us back because we can't anymore.

I really hope that its not true but I heard that all these stocks going down, bitcoin going down, gold going down all of the things going down was because there was a lot of people who wanted to have cash and they went ahead and bought stocks of many things to store at home in order to not get out.

Now, it is not a horrible idea because we have a pandemic in our hands that is growing exponentially and that is horrible, however at the same time being in cash will not help you neither, whatever you need to spend that is understandable and spend but we have dropped billions of dollars, hundreds of billions of dollars as a whole economy, we can't just say we had all of that spent on some grocery stores, I won't believe that, some people must be staying in cash, waiting probably.

It looks like 3884 may not happen again. Corona has already happened, we are already there, the financial world already responded to it, bitcoin already fell down because of it. There is no way we will have another response to it because we already gave our answer already. I assume price is at the bottom already, we will go forward from this and go back up.

I see 10k in 2020 and I am not even joking, I do see an insane increase in stock markets as well. Many companies were affected because of this but a lot of them were basically still the same. Just to give an example the stock prices for google is down right now it was around 1247 and now it is around 1119, that is significantly lower, how could a virus that makes you stay at home could affect google? Same happened to amazon. Those will eventually go back up, I am 100% sure.

You should not even be confused in between trading, gambling and binary options if you really are good at trading. You should only concentrate on trading and try to enrich your skills by practically experiencing many more things. Checking out your list gives me a rough estimate that you do posses some great skills which would be most useful for you in the coming future.

Trading can serve us with great profits if you have the knowledge and ability to make great research. Never follow anyone else's TA but instead try to make your own technical analysis and you would surely make great profits. I am not sure about binary option and gambling but I could confidently suggest you to go for trading only.

Maybe there could be some whales who are buying up right now that is the cause of the increase. Look at all of crypto right now. Maybe it is because bitcoin went up so much in the last day maybe it is the whole market but they are all going up, all coins are going up right now, ethereum was discussed about if it would be under 80 dollars, 80! and right now it is 150 dollars almost twice as much. That is the affect bulls and whales have on the market.

People know that halving is coming, they see corona virus and they see halving and they made their decision already, they think that by May comes corona will not be as dangerous as it is today and after the halving price will go up, so they are buying as many as possible. There is no returning back this time around.