During quarantine. I spent 0.5 bitcoins. I live in Singapore. We have many places where you can pay with Bitcoin. Even a taxi. One late evening I realized that I already had an old TV and laptop. So I bought a TV with my 0.5 bitcoins and a brand new laptop. I also paid a couple of times for pizza and sushi. I also have some bitcoins left and I spent them on a taxi when I went to my girlfriend. Therefore, I am very happy that my quarantine went like this.
It is really good for you as you are getting benefits from it. Like you, many people are using bitcoin as their payment methods daily. |
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Your points are strong enough but I think it is too far bitcoin to reach $100k in next 2 years. We know that from 2015-2020, bitcoin increased a lot but practically all the things have a system and limitation according to situation and time.
Anything that goes up too fast then it tends to fall at higher pace as well. But just like now how bitcoin is gradually rising with testing 12k range zone and falling back and slowly keep rising will help in long run. So 100k in 2 years is till unknow for the matter but only thing is that it should be stable every time it creates a new ATH. Actually we are responsible about it. For the price of bitcoin, hype is also matter. But I'm not guessing that bitcoin will hit $100k in next two years. It is too far from today's price. |
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People have negative intention on scam. still many people are not familiar with crypto market. If they know scam on bitcoin, they won't join with it.
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All the times are not good enough for making huge profit. Sometimes we lose and it is the basic rules of crypto currency. We should buy daily at least a few amount.
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The price of bitcoin is okay for this time. We should some times for a better price. Don't be panic about price. If we avoid panic sell, bitcoin will hit $15k-$16k very soon.
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I may be old school, but I don't trust these centralized wallets and exchanges because they might be hacked easily. It may happen sometimes to keep a low amount of crypto on a centralized exchange but in general, I keep my funds only on non-custodial wallets. All these custodial wallets need to run some Penetration Testing at least once in a while to evaluate their system's security. I know a lot of people who lost their funds because they kept them on their exchange account, so to learn from their mistakes and totally avoid that. Yes, it is very risky to trust virtual wallet more. It can be hack easily if we don't care about it. Security in crypto is very important as we store our crypto currency here. If we don't concern about security, we may lose our money easily. Many doesn't really trust any like that even if how trusted they are and how many years the wallet exist since there are so many incident that some of them get hack and compromised for unfortunate events so maybe best to reach some good HD wallets as well if we can't afford to have it the best solution to withdraw always our funds to make it safe for unwanted attacks. Always we can't do it. Some times, we have to store our money on wallet. Yes, it is really safe to withdraw as soon as possible but trust is also needed. |
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There is still higher prediction about Bitcoin price, I didn't predict too high price but I believe that bitcoin should touch or Crossed $15K Till end of 2020. What's your prediction about it ? Is it happen or not?
It seems that the price of bitcoin will be increasing rapidly. In this pandemic situation, bitcoin is helping us in many ways and people are interested to accept it. So, for bitcoin, $15k is very possible to reach. |
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Your points are strong enough but I think it is too far bitcoin to reach $100k in next 2 years. We know that from 2015-2020, bitcoin increased a lot but practically all the things have a system and limitation according to situation and time.
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As price is not stable for crypto currency like bitcoin. It can be up or down any time. But yes we can predict and conscious about it to protect our money from loses.
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I may be old school, but I don't trust these centralized wallets and exchanges because they might be hacked easily. It may happen sometimes to keep a low amount of crypto on a centralized exchange but in general, I keep my funds only on non-custodial wallets. All these custodial wallets need to run some Penetration Testing at least once in a while to evaluate their system's security. I know a lot of people who lost their funds because they kept them on their exchange account, so to learn from their mistakes and totally avoid that. Yes, it is very risky to trust virtual wallet more. It can be hack easily if we don't care about it. Security in crypto is very important as we store our crypto currency here. If we don't concern about security, we may lose our money easily. |
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If you can learn the heart of trading, it is a good way to earn such monthly. The only prerequsite is for you not to operate on patient before embarking on medical school.
Obviously trading is a best way to generate a great amount of money but trading is not suitable for all kinds of people. A lot of crypto news, market analysis and knowledge are needed in this sector. |
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If you would get $10 000 to invest into Cryptocoins, at which price you would be ready to buy?
I will suggest you for buying bitcoin and ethereum. Both of the coins are very popular, well known and potential. Hopefully, you will earn a great amount if you invest on bitcoin and ethereum now. |
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Has anyone else in here noticed how easy it is to predict the trading bot trends on binance?  Trading is not so easy that a bot will be able to earn huge money for you. You should use your own brain on it. Try to apply your own tragedy on trading. |
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Bitcoin is the most popular crypto currency all overt the world at this moment. Bitcoin is helping us many ways. We can spend bitcoin on shopping purposes and p2p transaction.
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If germany accept crypto as legally, it will be a great era of crypto currency. Because for crypto currency, a lot of support are needed. If most of the country like germany support crypto, then it will improve within short range of time.
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Don't blame government of your country. As far as i know, still now most of the people in BD are not familiar with crypto currency. And in this current situation government is not permitting gambling. For this reason, you got this types of mail from bank.
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This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.
Bitcoin will touch the high price in 2020?
25,000$
33,000$
50,000$
100,000$
$25 k is likely $33 k is probably $50 k is unlikely, I based my prediction on the current movement of the price there is no candlestick only common sense I rely on news that's coming along daily and of course, the global economic situation which is not good, but any predictions are not 100% correct, but we have to be realistic. But in my opinion, bitcoin won't hit more than $25k in this year. Though bitcoin has a good value now, but it is not possible to reach $30k+ logically if we analysis it. |
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Your speculation is very effective. Try different speculation regularly so that we can get update about the price.
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Though price of ethereum is growing fast but is not possible to reach $10k at the end of 2020. In my opinion, ethereum can reach upto $2k at the end of this year if maximum people hold it.
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