I prefer to invest in coins with low marketcaps because you can get a much higher return on your investment. Remember to look at circulation supply because price per unit doesnt always matter, total marketcap is more important.
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Most ICos are selling below ico price so a lot of investors are scared to invest in new projects with a high chance of failure. Some new projects will still succeed but it will be very few.
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Follow the Law of Attraction , if we all believe the price will go back to 20k by the end of this year it will happen if enough people do it.
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I remember that when bitcoin dropped to $5.8k, the price recovered back quickly to the $6k mark. That recovery is not very natural so I'm very confident that whoever that group who picked up bitcoin from that drop is a very powerful group that can also make another historical pump in December.
there is too much support for it to go far below the 6k level. A lot of manipulators have been trying to spread fud to buy up bitcoin for cheap so they can make massive profits.
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Ethereum will easily hit $1k again once the bulls return and bring bitcoin back up to 15-20k. Use this time wisely to pick up cheap eth, btc, and other altcoins. For those that are new to cryptocurrency, right now is your golden opportunity to make a lot of money.
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I would at least wait until the next block halving event, The price will surely rise once the bitcoin inflation rate is lowered to 1.5 percent which is much lower than fiat inflation.
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Stocks are overpriced in relation to their cost and earnings, it looks like there will be a very large collapse soon. There is a lot of speculation that this crash will be much large than the one back in 2008.
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I'm more curious what happens after robots and automation take over. How will capitalism survive when there are no jobs left?
They will be forced to implement a universal basic income or else there will be mass rioting and citizens will overthrow the government.
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litecoin is just a clone of bitcoin so I don't really think it has many uses. The lower fees may give it some sort of support but bitcoin fees have been extremely low recently.
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Keep a positive mind, I know there are a lot of scams out there but that is true with every business. Look at the glass half full and seek out the hidden gems.
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Every person I know that is involved in crypto is a man, nothing against women but men seem to be more involved in scientific and technology fields.
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The reality is most new users will never rank up their accounts. I feel sorry for them but it had to be done to prevent spam. It must seem unfair since a lot of high ranked members leveld up by spamming back in th eday.
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Capitalism concentrates the majority of wealth at the top. In America wages have barely moved while housing has risen drastically. There is a major homeless problem across the world. I'm not advocating for complete communism but a universal basic income would be a great start.
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Ethereum really took a beating since January , down from an all time high from $1400. The POS updates and solving scalability problems should help Ethereum surge back to those past levels again. Also EOS finally sold off the rest of their raised Ethereum.
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I learned my lesson the hard way and I'm going to stay away from shorting for awhile. Bitcoin can pump at any time without any notice then you are left screwed with your position. It's just too unpredictable for me.
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How do you think banks make money, how does a bank make money to pay its employees and business operational? Does the bank rely solely on interest on loans from banks?
Banks prey on the common man. They charge ridiculous overdraft fees and other nonsense. They hand out loans with terrible rates, they give out mortgages to unqualified people and end up taking the house in the end. Banks have endless ways to make money, they are predatory.
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listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever a coin is listed on kucoin no matter what it get dumped. any one thinking same?
I guess its survival of the fittest. Other exchanges will come along and offer much cheaper listing fees and in return they will gain much more popularity and users. I think kucoin is tired of devs listing shitcoin pump and dumps so they only want serious coins now.
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This bull run has taken a lot longer than I originally thought it would. Oh well, it pays off to be patient. Most experts are still predicting a 50k+ bitcoin by the end of this year so don't be too sad.
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Sometimes its impossible to know. Some scams can be really convincing with real team members and such but you still end up losing a lot of money.
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We don't talk about Satoshi much because Bitcoin is bigger than one person and Satoshi doesn't want the fame. If would be al ot of different if Satoshi was a public figure and was still active on these boards.
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