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Of course, we can live without bitcoin or cryptocurrency because we are already born without it and we have become aware of the use of fiat currency. But now that we are facing the covid pandemic and I am one of those people who lost a job, I can also say that I can't live now without cryptocurrency because currently I'm earning just through crypto.
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My advice, in doing trade always be careful and always think twice or more before making decisions like buying other coin even you earn profit already from the the first coin you choose to trade. Trading is very risky and always need knowledge and understanding the market graph and price movement. Also, learn from your mistake and experience and from there think a possible strategy that you can be use in trading to gain profit and avoid loses.
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Do you think government will allow it to happen? Of course NOT. Government has a strong foundation than a cryptocurrency which is not yet fully accepted by everybody and fully recognize or use in different platform as a payment method like in a fiat currency. It will not happen in reality that crypto will replace government, you just dreaming. A decentralized digital currency can't rule the world anonymously unlike in a government that there are people working for our economy and to negotiate with other countries for peace and order.
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Hello Guys, can you tell me which is the best coin in 2021 to take maximum profit and gain?? Plz give your opinion
You know, I'm currently trading at bithumb global and I found a coin name buypay which is profitable in trading but i don't know if it will last. If you are looking for a coin to invest in along term, then i think better to choose from the top 10 in coinmarketcap. Of course Bitcoin is still the first choice, then Ethereum, BNB, ADA and XRP for me. |
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I think long term investment for altcoins depends on the project plans and development both current and in the future. If the project is strong, then it is good to invest on it for long term.Anyway, both short and long term investment is risky, so, invest with adequate knowledge and caution.
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If you don't sell your bitcoin for lifetime, then how you will benefit from using and investing on it? Why you need to earn through bitcoin if you don't want to spend even a single penny from the profit you earned? Not a good idea. I think, if you have bitcoin, you should hold it but you need to have a time frame if when you are going to sell it. Bitcoin > Investing > Holding > Earning > Spending. But of course, don't spend all your bitcoins, still hold a small or half of it to make another profit in the future.
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Bitcoin now is moving upward after falling below $30K, Now it's going to $40K. If you think wisely and positively in bitcoin, you will not hesitate to invest but if you are not a risk taker person and always afraid during the price decrease, then I think investing in bitcoin is not for you. Investing in bitcoin is profitable but you should know that investing on it is too risky and always needs patience and courage.
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Newbies lose huge money in trading because they still luck of knowledge and strategy in trading. They need more experience and they should learn more in order to avoid huge loses. Trading is not easy as they think. It needs, knowledge, strategy, patience and capital. You need to learn both technical and fundamental analysis in trading.
Honestly, at first I don't have knowledge in trading but because of my determination and learning from my mistake and experience, I can handle now my trading, better than before and my profit is something huge than my loses. Don't forget to have your own strategy in order to earn huge profit on this kind of work.
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Investing in altcoins is very challenging and exciting because you need to choose the best one out of thousands of altcoins in crypto market. Disappointment is inevitable because of a lot of altcoins without value. That's why always take precautions everytime you are going to invest in altcoins.
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Bitwage is a platform that converts wages into cryptocurrency. Bitwage founder Jonathan Chester said: “A lot of people now want to earn part or all of their wages through Bitcoin.” The company has made contributions in the United States, Europe, Latin America and Asia this year. 20,000 employees. Some users processed $30 million in salaries, including employees from Google, Facebook, General Electric, Philips, the United Nations, and the U.S. Navy. Many of these employees have signed up for this service themselves.
Chester stated that he converts 15% of his monthly salary into virtual currency, which is "a way to not worry about whether to buy or accumulate bitcoin or cryptocurrency at the right time."
Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like. Do you think cryptocurrency payment will be a new trend in the future? Bitcoin is volatile, so, I would still choose to receive my salary through fiat currency so that I can decide if how much I just want to buy bitcoin if ever. Also, bitcoin is not yet fully accepted as payment method directly in many stores and companies. So, it is still good to have a salary in fiat currency because I can use it easily, no need conversion like in bitcoin. |
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Experience really teach us a lesson to learn. My worst experience in crypto, when I sold all my coins in a lower price because of fear and panic that price will continue to decrease but unfortunately after two weeks the price of my coins increase too high and because of that, I felt so depressed. From that experience, I learned to be patient and always learn the price movement and graph and not panicked in times of the price drop.
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i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
keep in mind im 15 and dont got that much money lol
If you are going to hold for a long term, I think at least 80% in bitcoin and 20% for altcoins. Altcoins is good for short term investment and if you are going to put 20% capital for it, I believe you will not just double but triple your investment as long as you have knowledge about this kind of investment. |
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The reason why I got into bitcoin is to earn money through trading and investing on this digital currency and I believe all people here have the same reason as me. I don't believe that you just strolling around in crypto space and just watch bitcoins value and demand keep on increasing. People always needs money and bitcoin is one of their way to have it.
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Bitcoin and ethereum is now increasing the price day by day. How how to choose and invest the coin. Bitcoin or ethereum which is the best future investment and how to invest the coins. Kindly explain me the Bitcoin and ethereum coins deats. Kindly share the link also. Which is best opportunity for invitations coins. Kendriya give me your advice to invest the best coins
Both Bitcoin and Ethereum are the best digital currency to invest. You don't need to choose only one if you have enough capital. These two valuable digital currency will give you huge return if you have patience and capital to invest. So far both bitcoin and ethereum is moving upward. Hopefully it will reach another ATH before end of this year. |
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Robert kiyosaki said on his youtube channel ( The Rich Dad Channel) "this is real financial education, what they don't teach you in school...so there's three kinds of people in the world when it comes to money, there's an investor, a trader, and a speculator"- INVESTOR = an investor puts capital to use for long-term profit. - TRADER = a trader seeks to make short-term profits by buying and selling over and over again. - SPECULATOR = a speculator just gambles and hopes that other parties will dare to pay higher his/her tokens or coins later. i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term. How about you friend? I think that three types you mentioned is just one because a trader is also an investor(short term investor) and also a speculator. Trader always speculate the price movement of a coin based on the graph and price indicator in the market while making a buy and sell. Investors are classified into two: Long term and short term investor. |
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Trading and investment is a game of numbers and moreso how to use the numbers judiciously while properly applying the knowledge. Some people say small capital is the best to start trading with while others say small capital will leave you with limited choices that the best is to trade with big funds. Starting with big fund will always be the best provided the user is able to manage it. So many things are connected but I conclude that big capital is good but a good trader can work with small and big funds and make profits with it. Let me hear your opinion on this!
There is a lot of things to be consider if you are going to trade with small or large capital as you start trading. If you have just n small capital to start trading, it will lower the risk of losing huge amount if ever your trading is not good. Small capital also good if you just starting to explore and gain knowledge on how to be a successful trader. Big amount of capital is good for those who have enough knowledge and trading because if your capital is big, the tendency is you also earn huge profit. |
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Btc going to big move after 21 July because ELON MUSK going to meet JACK DORSEY, this meeting purpose is how to mine btc, which enargy are used in btc mine You can check also: https://twitter.com/jack/status/1408102135040970759?s=19 What is your thinking about this meeting? Is possible to grow up btc price after this meeting? Drope your point? Tnx Nothing much impact in bitcoin price so far and I don't think that Elon Musk is the reason behind for bitcoins big move this coming days if ever there is. Don't worry because at the right time bitcoin will skyrocket again without Elon Musk. |
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People still use Ethereum because this altcoin is still valuable despite of a higher gas fee. Also, it keeps on improving that's why people always trust Ethereum network. There's a lot of alternative to Ethereum like BSC network but Ethereum is still the second valuable digital currency to Bitcoin.
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