Of course, investing in bitcoin has its risks, and there is nothing surprising in the fact that some banks negatively regard crypto-currencies, but do not forget why they do it, and what are the advantages in investing in bitcoin. Perhaps banks see it as a threat to the standard banking system.
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Of course, each coin has its own advantages and disadvantages, but it so happened that bitcoin is the leader in the market of crypto currency for many factors, such as: capitalization, its value, market dominance, the duration of this coin and its technology, etc.
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If you invest in bitcoin in the right period, then perhaps you can make a profit the next day, as prices change very quickly and the popularity of bitcoin grows. In addition, the amount of bitcoin will be limited in the future.
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Bitcoin keep on falling down and no sign of raising. How long can we keep holding?
Every person has his opinion on the bitcoin . Personally, I believe in it, and looking at the experience of previous years, you can be sure that the price will rise. But we also need to be prepared for the fact that there will be such declines and price drops in the market.
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Of course, such situations can not please, but I do not panic, because it will not help. I do not sell my coins at discounted prices, but I always wait for a better price, because I believe in their prospects.
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I knew about crypto at the end of 2017, after a short time increase and make people crazy to invest, everything is down now. I'm not a trader, i'm just a holder, but i'm still afraid of the sign of market recently. Will everything be changed in next year? or several years later? Can i still invest in crypto?
The situation in the market is not the best, but I still believe in crypto currencies and their future, as I see the development and potential of this industry and the fact that the crypto-currencies are developing very quickly.
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When I get my bounty tokens, I normally sell off some part of my bounty tokens and hold some for a long time because the price might increase in the future, I don't want to regret in the future when the price rise so high
This is a good idea, and sometimes I do this too, but sometimes when the tokens are received, the price on the stock exchange is too low and it is necessary to keep all the coins up to an acceptable price.
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I think most ICOs are NOT scams, they are just too ambitious and overestimate their capability to deliver roadmap milestones. After they fail to meet deadlines, people immediately start calling them a scam. The thing with development is that many factors and unpredictable obstacles can delay a project by months (look at Stratis for ex).
Running away with other people's money is not that easy. Most ICOs are transparent when it comes to teams..they have verifable Linked profiles and scammed users can find ways to locate them wherever they are in the world. What I'm trying to say is that there are scams and then there are just plain bad ICOs. 80% of ICOs ARE bad nowdays, but not every one of them is a scam.
You correctly specified, it is really so. When investing, there is always the risk of remaining without the money that you invested in the project, but it will be really hard for scammers to hide with money, because they may be behind bars. Therefore, for them, this is also a big risk.
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Investing in crypto-currencies is a good idea, which can bring you short-term profit, but you should study all the risks, advantages and disadvantages of this, so that for you it is not a surprise, what can happen.
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Of course you do not need to sell your coins if the price goes down, because that's how you lose your money. The market of crypto currency is very unpredictable and the price can change every day, so we need to have patience.
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Nowadays market decaresing and i can't see any reason why it's happening. Proably people at least undestand that cryptocurrencies was a bit overpriced before. I think most probably is fear in them that causing this drop. Got a news from china which is the government decide to lift a more stringent regulations on crypto due to more scams happening in crypto, and we know that china is one of the biggest market in the crypto. This might be the cause for this drop. I do not think that only news from China can affect the whole of the crypto currency market in this way, besides, I read that China wants to soften regulation on the contrary.
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Of course, we need to be attentive in the market of crypto currency, as when choosing a coin or project in which you want to invest, or when choosing a bounty project in which you want to participate. But for this you need experience, since it is difficult for beginners to determine where the scammers are, and where a good project is.
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Based on the latest news, the authorities changed their minds and attitude to crypto-currencies again, and now they want to pay 18% tax for using crypto currency. I will not say that this could affect the entire crypto-currency market, and I hope that in the future the authorities of this country will be more loyal to crypto-currencies.
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I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
Based on the news, some banks really are negative about bitcoin, fearing that in the future bitcoin with its advantages can drastically change the standard banking system and method of payment.
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I agree, the negative news influences the crypto-currency market, but what caused the market to decline at the moment? I hope in the near future the prices will rise again.
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Why do we really need Bitcoin? I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you. And you?
You are right, bitcoin really has advantages over conventional money, but there are also disadvantages such as an unstable price. We need bitcoin, since it is already changing the world and makes us look from the other side, on the definition of "currency"
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seeing bitcoin prices go down and up, I'm a bit frightened to buy bitcoin at the moment, I judge I could lose, do you think, whether bitcoin prices can continue to go down, or even rise high?
Of course, this situation is not encouraging, but if you want to invest in bitcoin, then at the moment a good time, as in the future the price will grow again.
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It is very sad to say that a technology like this would come to a big tragedy Bitcoin has the potential to be great but it has become a weapon of Greed
The real use of bitcoin as a payment system is just a fantasy But what happens in reality, it is just a pump and dump coin like the rest
The only coin that is using blockchain technology the right way is USDT or Tether most other coins are just scams and not meant for adaptability
A currency is something that can be used for daily basis rather than just an investment majority of people who buy bitcoin is just for investment and not used as a payment itself
Never the less HAIL HYDRA!
I disagree with you. Bitcoin becomes a payment instrument, as there are countries in which they are accepted as payment means, as well as many institutions. It takes only time ...
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Indeed, all the ways that you listed allow you to earn coins, but to earn them every day - it's unrealistic, even with the fact that you have capital.
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I agree with the opinion that participation in IСO projects is a risk. But with the right choice of the project, you can increase your profits.
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