If bitcoin have regulation by government I think crypto bank at the future will come true, when bitcoin still illegal and not allowed by government crypto bank at the future is bullshit, just dreaming looking with bank have build by crypto at the future, we need government want to allow bitcoin and crypto first before we can build many big think with cryptocurrency.
whatever will happen for the development of cryptocurrency all depends on the government if indeed the government has legalized cryptocurrency, of course the development of cryptocurrency will be more rapid and of course will automatically form banks that use cryptocurrencies and it is needed by the times and technology and especially in the economy and the digital age will soon be realized
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The cryptocurrencies can be still used as a money but not a day to day type of money. We can still use cryptocurrencies to purchase something in the internet but using it on our daily expenses is not worth it because we will lose money since there is always a transaction fee and you are risking the value of your cryptocurrency with the volatility. Use your cryptocurrency as a money on big purchases and not on cheap ones.
indeed like that the purpose of the creation of cryptocurrency and by following the times and technology of cryptocurrency is needed someday but at this time in my country it still cannot be used real transactions of crypto currency as a legal payment instrument and the government still prohibits direct transactions with crypto currency but I am sure in the future everything will be done
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Then i will support ETH. Maybe the answer is that simple. Because the question from title is "what if". Any coin that in top, or maybe can make cryptocurrency itself accepted by all people over the world must be supported. If Ethereum be number 1, then we try to make it down under bitcoin, it can make bad affect on crypto itself. all possibilities can happen and no one can predict with certainty the development of any crypto currency if indeed ETH can replace bitcoin or other coins the investor's interest in investing with these currencies will develop and there will be many and it will make a positive development of coins and has become an investment law that does not develop will be eliminated
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A troubled economy can't be easily recovered with the help of bitcoin. This happens purely based on the participants on the economy. If there is very small number of people in the respective country use bitcoin then it won't make any changes in the troubled economy recovery. A large scale adoption in the country will help with making some development on the economy. It will not make any immediate impact, it also requires time as the market is highly volatile than the traditional market.
very true that you convey in your opinion and bitcoin can indeed improve the economy indirectly if everyone who uses bitcoin of course the country's economy will be better and develop a good economy of course starting with the good people economy
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I appreciate your thoughts, but in my opinion working with 10 to 5 every day can make someone able to become successful and rich. if you only rely on investment, maybe I think there will be more successful people who want to work every day and they are still investing. successful people are people who do not waste their time in vain. for me the right way to get rich quickly is to invest in the long term but also to do trading every day to increase income.
You are correct in saying that investment in cryptocurrency is the main job. I think it is wrong at the moment because I have a strong reason because the government still does not fully recognize crypto as a valid currency and for the time being the crypto market is often down, so we must be able to take advantage of every opportunity and must have enormous confidence in investing
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yes of course I still buy altcoin because by buying altcoin you can get a lot of benefits, even though altcoin has a very high risk, you should be careful when you have altcoin. until now I still keep some altcoin which in my opinion has the potential to rise.
investment with crypto currency and certainly related to the risk that will be obtained and one of them is the development of crypto currencies we cannot predict with certainty and as investors of course our confidence and patience is the main capital in investment that is the best capital and needed by every investor who will invest with any coin
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I do not hold a lot of altcoin in trading, only a few, because I am not focused on trading, I also have other work. Back to the topic, yes it is certain that I will sell my altcoin when I get a profit, if it's not profitable then I won't sell it, maybe I only take a few percent profit, not much but before buying altcoin, I am definitely looking for good news about these coins so that I can get a bigger profit
what you said may be one of the risks that will be obtained in investing with any coin and we can not know the future predictions many investors will be frightened because they will not get a little loss and with confidence and patience we will certainly get a return on investment in the future.
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my experience saving new coins like UTN and Dimcoin is a failure. I bought UTN at a price of $ 0.12 and hold it for 1 more year, now the price is falling $ 0,0001 it's very sad. I will no longer believe in new coins. I now only believe in the top 5 coinmarketcap to invest long.
make it an experience that will make us more learning about the risks in investing in cryptocurrency, of course, because we know that predictions of the development of cryptocurrency cannot be ascertained confidence and patience are much needed capital in these investments
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I have long sold all the coins from bounty and left only those that in my opinion should have been fired. It turned out that I was wrong, many projects have slowed down and I believe that half of them will disappear from the market.
it is one of the risks that we will get in investing by following the gifts and as investors we also need to know it all and in the current conditions investors must be able to take advantage of every opportunity we will get if indeed we can sell the coins of course as soon as possible
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Successfully joined Metal Packaging Token Signature Campaign.
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Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
Bitcoin is more than money its holding asset for me its more value than gold having limited supply i was getting gold for future purpose now i concentrate on collecting bitcoin . Hope in future even 1 Piece ( satoshi) will equal to 1 $. it's true that if you have assets, and you hold your own assets, I think the best investment for now is bitcoin
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The only difference between real gold and bitcoin is simple the crypto nature and the real asset with secure future and investing in crypto is the secure way to make progress for improvement and i think Gold is better for those who have not enough skills to use their money for making profit and now a days many exchanges are operating for crypto investment.
indeed gold is an investment with a profit not as big as crypto if you experience a price increase, but the risk of gold is lighter than crypto ... but to make money quickly I agree with you in crypto many exchanges operate for crypto
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I think that's your opinion, if you buy bitcoin in the present time, it doesn't matter if the buyer knows the risk if the price drops, but my prediction is the price will rise slowly
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Nobody will ever supply electricity for free that is impossible in this world we live in and even if you can be talking about the power of the sun there will always be generation and operational cost. Now even if the electricity is free, you have a big investment with the equipment and other related expenses. The most important here is that there is always the development of better mining equipment that hopefully will do things faster and most importantly more efficient in the use of power (this is a big concern for many especially environmentalists). I am looking forward to many good innovations and changes soon in the bitcoin mining industry.
it is true that in all countries, especially in my country, there is no free electricity. surely the cost of the opera is very expensive for the power of the sun
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Panic sell is not good move for us. We should be patient at the time of bear market.
Most of the time, it's only good if price will really dump when it started to making big down trend movement. You are just lucky if you panic sometimes but in general, that shows you are matured enough when it comes to investing, some people can cause panic at their benefits, we also have to consider that. We should wait for bull run because patience is the right way at the time of bear market.
Patience is a must especially for long term investor as it's impossible that we can be successful to experience the bull run if we can easily be move. it is best time to have patience because price is not very high it is getting towards bull but it will take little time for the market to become fully bull so now is the time to have patience and wait, if you will take stress maybe you can take wrong decision of selling at panic so better avoid stress and make sure you keep holding until price recovers. it is true that our patience is tested because selling in panic will only make us lose. Patience is the best key in traders
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I think in terms of investment or a loss trader it is a risk that not always the btc price will continue below, I take advantage if btc falls time to buy and hold until the price rises
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Usd is a real fiat that backed by a country. The price are stable but will not increace much higher than bitcoin of course. Bitcoin is a better choice to make an investment as the limit for it grow are still available.
it's true that USD money has been used for a long time and can be used everywhere and accepts all payments easily, so I agree that BTC as an investment with fantastic increases and decreases
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I never tried to do bitcoin loan even I have collateral because I don't want have a problem in the future. Although this lending is spread all over in crypto space to help other cryptocians I think we still need to be careful to specially the lenders bec3you don't have any assurance if the borrower will pay you. just like me, where I am not interested in crypto loans, I prefer to invest in personal power, because my psychology is not able to bear the debt, rather than damage the mentality later absolutely right, everyone may be psychologically unable to bear the debt. I also agreed that I would not be interested because of having a debt
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