A million is a very high number I doubt it can reach that level, when it hit too high usually people will find alternative, the rising price will affected the fee, its good to see someone really enthusiastic about bitcoin but we can't expect this based on a person view and word, it takes a big adoption to make bitcoin reach a million
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It seems to me that you want to enter the market is best to have a mentor. Because I myself am very difficult to make the right choice. Errors need to be done only with the mind.
Not necessarily need mentor, but you can have a better judgment if you got mentor, the most important things you got to prepare before entering the market, always do your own research and don't stop learning, and I think there are more to things to avoid, like avoid investing in crypto because of FOMO, avoid of putting your money in one basket
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I think the most important things now is making it become stable and dont let the price fall down like in 2018, everything seems really good at the moment, I don't expect the rising will continue until 20k at the moment, but its a very positive rising and the investors seems to be back, now the bitcoin should aim for the mass adoption to increase its value
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The price now is in an absolutely good condition, the chart and the indicator still show a good sign of going up, the investors also very enthusiastic to invest and within the btc rising the alt coin also affected, this can bring btc to another level, the long wait finally show a good response
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Yeah this is called psychology, they want you to spend every penny that you got, and because of the house edge the more you play the casino will got a better advantage, they don't afraid to spend some thing to keep you stay, some casino invite the gamblers with full accommodation to play in their casino, there are a lot of trick in casino if you don't careful you can go bankrupt, I agree its better to play online
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For long-term its not recommended, this coin got a few place to spend in gambling site but the development already stop so we can't expect any further usage, for pump and dump this coin is a good coin, for short term you can make big profit but for long term I am very doubt
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I think Facebook coin or any other coin is not a threat for bitcoin, its called rivalry if the coin could proved that it got a better feature and the investors like it, then we will have one more good coin to used, and stable coin is not a good coin to invest and in crypto we don't like centralised investment, if we want centralised, we will just invest in fiat
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You should add up Philippines on the list.
They might not fully adopted it yet but there are 3 current local exchange in the place where you can make crypto transactions and whats even good that you would able to buy-pay up things upfront on using up your coins.
Yes, Philippines is one of the Asian countries that have got increased usage. There weren't much development in business level adoption relative to bitcoin, but it has large number of stores and common people who use bitcoin similar to that they use the traditional fiat. In Philippines same as the acceptance there is increased number of scams that made some hard days for the cryptocurrency users as some regulations were put forth by the government. Other than the stated country, there are many Asian countries that have a good number of users. I agree, Philippines show a great response to the crypto and the growth is quite well, Asian got a got response and I think the response is better than the western countries, and it certainly will help a lot of the citizens to get a better economic life, unfortunately the China and India are banning crypto, if they support crypto I think the influence will spread wider
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It might seems like btc is going for 10k, the pumping is quite good, the chart also show a great possibility, but most of the people doubt it will be abke to stabilise at 10k,many people expect there will be a correction after hit 10k,the one that we need is a stable price not the spiking price but in the end got huge correction
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Yeah it's a bit surprising to see tge eth price grow really slow this time, usually when btc got huge rising the price will follow to go up, I think this is due to a lot of investors diversify and choose another coin to invest, but don't too worry eventually eth will rise
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Signal group can be used as reference not the place to rely on to make your trading decision, and I don't feel any used to subscribe to paying signal group, just slowly build your experience and learm the basic steps, it will be more profitable if you learn how to trade by yourself, sometime the result of the signal could be disappointing
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I think some of the people who are playing games. In our country, there are a lot of people that have their own android phones and just play online games all day out. That affects the economy since the unemployed is increasing. If we can tell this people to start finding a job, maybe a simple job for starters, I guess that would be a great help.
I somewhat agree here. But games have been around for centuries. Before smartphones, people were also playing games all day or lazing around. Or even gambling all their lives away, drinking/smoking non stop. I would even say playing games all day is less harmful than those things. I do think kids especially waste too much time online, draining resources and not contributing back at all. But if you think about it, would you rather they take drugs? I'm telling you actually even crypto is a dangerous addiction and worse it makes you lose money if you gamble and trade like so many people do. Its true that games had been played centuries but not as fatal as this era, you can see the restaurant, street or anywhere people are addicted to phone, most of them are playing games and some spend a lot of money for the game, when people addicted to game, it destroy their life and they become anti social, that lead to lack of communication and mentally destroy them, I think smartphone is slowly changing people to anti social and at some point it could bring damage to new generation
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Most of the times people invest in ICO to make quick profit, so when they bought the coin they will expect bonuses and then when it hit the exchanges then they will sell all their coins, the bounty hunters also sell their coin, it causing a huge dump in the market and after that usually the investors not interested in the coin after they see a huge drop, so usually there won't be any bouncing price after the coin hit the exchanges
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It is great to see some analyst so full if confidence to predict the price, yeah the transaction colume and the chrat does show a great pattern and maybe there can be a good rising this week, but there's no such thing as easy rising, a good rising is a slow but stable rising, we don't need a rush rising but end up with huge correction, it will be very great if bitcoin could stable on 10k
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I think its too exaggerate to claim Libra as crypto king, the coin just start to be announced, it hasn't got a real implementation yet, the promise and the plan seems really good but we still don't know how the users and investors react to the coin, but this coin got a good popularity
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Don't trade mate. Long-term investing is a smarter choice.
Trading could be more profitable than investing and in trading you can predict more and more accurate when you got the knowledge and the experience, so trading is a smarter choice but it need times to make profit, I think there are alot of things to consider, starting from yourself you need to be diligence to learn, collecting the information and need to time to learn
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I think everyone is trying to beat the household and try to make some profit in gambling, but it's not that easy to win, the owner got their own specialist team to calculate the odds and probability to give more advantage for the house, that's why we got something that call house edge and there was seldom news we heard the casino is closing down
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Yeah bitcoin could save the underdeveloped countries in Africa but the problem lies in the infrastructure, in the very poor region some of them are illiterate and doesn't got any access to Internet, so they can't rely on bitcoin to save their life, but I agree that charity is not the solution, they need something that they can rely on for long term
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Correction is a healthy market condition and the chart does show some sign that its going to fall down, but don't be too afraid because the transaction volume still at a good rate so although the correction is coming, the healing also will cone after that, so if you want to take a risk to take some profit the go ahead but the market could be unpredictable, so if you're not too sure just hold it
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decentralized economy is something that supports its community providing alternative solutions to nowadays financial system. It is agains all traditional financial systems and also against nowadays banking systems.
I agree that nowadays financial system are full of flaw but decentralised economy is really dangerous system, imagine the uncontrolled inflation and the rich could easily manipulate the price, its not suitable to run a country with decentralised system, but its different with crypto it gives alternative payment solutions but it won't create a decentralised economy
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