˜
Thats a mature approach towards the investment world. Humans are freaky selfish when it comes to earning something for themselves and that is might be a natural extinct of having more and more! This is good piece of advice and one should just turn off their system if they start getting depressing feelings after a loss. You mad at your loss -----> Take deep breath -----> Turn off your system -----> Take a day Off -----> Be with your loved one -----> Start with new energy and in different way! |
|
|
|
Are we going to connect the Coronavirus to pretty much anything now? But just to answer your question: In terms of stock trading, potentially[1]; but we can only speculate for now. As with bitcoin and cryptocurrency trading, I'm guessing that it will have little to no effect unless certain exchanges suddenly need to temporarily close down due to a bug and it probably wouldn't be fixed immediately assuming less people are going to be working in offices.
[1] https://edition.cnn.com/2020/03/10/business/wall-street-coronavirus-shutdown/index.html I am on the same page. It has less or no effect on the cryptocurrency as such on one note! I mean market seems to be recovered pretty faster as we would have imagined it in other way. I mean it should have been dropping like hell but look at it, its stable like heaven. It may happen that people sitting at home could be into crypto now as they have nothing else to do due to lockdown's and it may happen that crypto will rise further with good intensity. |
|
|
|
top pick would be binance
I would pick the same. Binance. At CoinGecko, we rank exchanges not by "Volume" as we do not believe in just looking at volume as a measure of liquidity. Actually, volume is very important in my case. There had been worst experiences when I have traded into low-volume driven exchanger. In-fact the coins that were traded on the exchange was on high demand yet they had no volume to trade and all the money was stuck there. Just checkout comparison between two exchanger for same pair down below (Its just random comparison on two random Exchangers) You can see there is big difference in volume, 24 Hours change ratio which tells the trade is faster on one as compared to another.   So you can think on which to use based on Volume actually. |
|
|
|
It seems we can safely bet on the bitcoin for long term investment. In the current market bitcoin is stable like anything as compared to the stock markets, golds and other type of bonds. The prices are not stable, bear is stronger in others while BTC has recovered pretty faster. May be people are at homes and investing in them as work from home stuff!  Apart from this surely it is gonna be stronger asset. |
|
|
|
I think cryptocurrency will not be real money but it can be said that digital money must be connected to the internet, well crypto will be a modern exchange tool when it has been widely used throughout the world to use cryptocurrency as their needs.
Even buying things now is already available with cryptocurrency I think this will continue to grow in other stores to be able to buy it.
In developed countries they are already implementing mode of payments via crypto currencies. However, in developing countries it is going to be grim reality to implement such high tech payment solution. I have not used cryptocurrency or bitcoin to buy any goods only to convert to cash before use. The reason is that, people have not really accepted it because of internet connection that is involved in it. Also, volatility issue. Because it value is not steady, this is another challenge.
Off course that is the issue with developing countries as well. Also, while thinking about this post I also clicked one more thing on my mind - mentality of people! That is most of them are not ready to accept such payment solution. Most of them are not even aware of crypto's. Volatility is the problem #1, because of it people who don't own Bitcoin don't view it as money, they view it as a highly speculative investment. And majority of the population is not interested in trading and risking, so it's a huge turnoff. Only after Bitcoin will be relatively stable for multiple years will the public opinion start shifting.
That comes at tertiary or below rank. The volatility is later when people will start to know what crypto is in first place and how important it could be in real life applications. |
|
|
|
|
Lol.
It was fun playing around the speedometer though. Felt like my laptop was shaking itself.
The page itself is an informative if someone does understand what you wanna say. Holding is the best strategy since 11 years now and those who have held it since then are playing in billions now.
Seen so many topics calling for HOLD strategy and how they built their wealth in easiest possible way.
Great way to spread awareness.
|
|
|
|
|
This is what needed these days. I am very much interested in projects like this which are making real life use of our computational power through digital networking. The technology and biology is at its best and it can be seen from the #StanfordUniversity initiative clearly. So our GPU/CPU power can't just be used for the earning of bitcoin or alts but empowering the knowledge of scientist around the globe. This can in turn help scientists workout antidotes on Covid19 like dangerous viruses. May be this project will move on to next stage if it receives huge support from the community. Well, all you have to do is share your computing power and do nothing so its smooth project.
|
|
|
|
|
Yeah, the Gold. It's actually worth anything in the current scenario. I am focusing it more because of corona thing. Let's rethink it in different way. Gold is not much demanding right now because people have to think about their daily life survival in the lockdown situation. Thus, they will have only one option and that is to save whatever they have right now and not to invest in stuff like Gold. This will put down the value of gold a lot and one can easily make investment into it and wait for huge spikes in the next year. So this is like investing in the bearish market and once the demand is spiked wait for bull.
Bitcoin stays the way it is today. I don't see anymore fluctuations in it now a days. It has swiftly corrected itself to a rate which it had last week and thus doesn't show any progress in it.
|
|
|
|
|
Interesting post.
It was very thoughtful of you to put it on record that how many users are active and what coronavirus can do to us. Im pretty sure this will be scene in coming days.
But the question is, whether we will be still using Bitcoin Forum or any other forum when such high rate of deaths start occurring around us? I mean what would you do? Come on the forum, wander alone and offer xyz stuff to dead people?
Slowly forum itself will become inactive and no one would be there to manage us (if we are not dead in first place).
Grim reality is we are in dangerous pandemic situation and if overcomes the world then there is no meaning to the forum, money, crypto etc. It would be just life!
|
|
|
|
The article is well written with some facts in it. I am not sure if market is really resisting the crisis of corona OR all the crypto lovers are at home and focusing in the crypto market thus resulting into increased capital of market. You couldn't rule out this possibility if thought about it closely. The gesture of #Coronavirus is affecting the market in positive way. It seems that even stock markets have restored pretty good on today's date for asian countries and hopefully will be the same pattern in east to west hemisphere. There is surely some effect of corona. |
|
|
|
There is Not enough ways to Get stable coins like usdt in to cash
And what we need is Something like app so we can pay with stable coins at Grocery store!
It Will save more us coz its not convient way to trade stable coins right Now!
U can buy and sell btc anywhere but what i Want is stable coins coz they are stable.
It is easier to convert stable coins than any other cryptocurrency, believe me. Since they are used as base currency by exchanges, you can convert stable coins like USDT to any other cryptocurrency. So to sell your coins for fiat currency, firstly trade them for Bitcoin or any other currency having crypto/fiat trading pair. This may change the value of your coins depending upon the time taken to sell converted coins but the change will be insignificant at most of the times. |
|
|
|
The debate between between CEX and DEX has been going on from so long. It's quite obvious that people have have different point of views on the both.
It's just a matter of priority now. Some people choose liquidity over security and privacy and so they choose CEX over DEX and vice versa.
The main problem with DEX is the complexity in the way they operate. First you have to import wallet through private keys which is not common among all crypto investors. Some investors have never used HD wallets so using DEX is wholly new concept for them. Second the way orders are executed on DEX is not comfortable for all traders and all coins. I haven't used DEX in last 1 year or so but when I used to sell my coins on DEX, the orders only get executed when someone buy the entire order. Whereas in case of CEX, buyer can clear the partial order. So your order can be cleared by more than one buyer but in case of DEX, only one buyer have to clear your entire order. I don't know if any decentralized exchange has solved this problem but this is the major reason why I prefer CEX over Dex. |
|
|
|
|
Making predictions in this crypto market is very easy and McAfee is also one of them nothing else but his words don't turn into reality or he is not responsible for price change.The price will rise or fall depending upon the market force of demand and supply.They all get paid to advertise so don't fall in their trap and wait for the actual bull run to hit the market that will get you your prize maybe more than $250k so have pateince and change your mindset.
|
|
|
|
|
I agree with you on this point but the main thing is that most of the newbies don't have knowledge about this volatile market and when price falls they can't control their nerves and gets panic easily and start contributing to dump situatuons making situation even more worse.We need to stay calm and hodl it for long term if you are not day trader as you will get returns in future which is guaranteed so just HODL and control your emotions.
|
|
|
|
A Crypto investor Michael Terpin lost roughly 1,5oo bitcoins on January 7, 2018, after falling victim to a SIM swap attack, The Wall Street Journal reported.
The bitcoin stake was worth $24 million that day, roughly three weeks after the asset hit its record high price.
The incredibly precise hack involves thieves taking control of a phone number and using it to access email accounts, bank reserves, and even crypto wallets.
Visit the Business Insider homepage for more stories.
One crypto investor lost bitcoin worth as much as $24 million after falling victim to a new kind of hack known as SIM swapping, The Wall Street Journal reported.
Michael Terpin was hit by the attack on January 7, 2018, days after bitcoin reached its record high price. Thieves stole roughly 1,500 bitcoins by taking control of his phone number and using Google's "Forgot password?" feature to gain access to his email. With possession of the two personal accounts, the thieves hacked Terpin's crypto wallet, stole the digital assets and quickly sold them, according to WSJ.
Bitcoin traded between $16,969 and $15,790 per coin on January 7, 2018. The digital coin now trades at roughly $8,700.
Source:
Wall Street journal
We feel bad for that person who have lost such huge amount in crypto but if you have stored your online which can be hacked by hackers by gaining aceess to your private keys then you need to learn lessons from the past.Store your private keys and coins in cold storage where hackers do not have access.So be safe in this technical world where everything connected to internet is at risk. |
|
|
|
No matter the negative outlook from governments, No matter the herd of scammers diluting the image of Bitcoin, No matter the people like Roger Ver trying to substitute Bitcoin, No matter how much criticism it faced, Bitcoin is still shining and shining like the Sirius!
 BTC: 3PiKmvYxmWnkagN3rcX5ZHWJrvgZA1DPb2 |
|
|
|
|
See if you are willing to trade then you can ofcourse start trading but keep in mind the risk involved in this crypto business and evaluate your performance on daily basis.You can try investing less amount than $300 as you are newbie to this market and invest in potential alts like btc and ETH which gives guaranteed returns.Otherwise you can have your own basket of eggs of your choice and wish you the best for future.
|
|
|
|
With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.
Would the people actually use Libra should it be approved by the congress?
Still can't say anything as the project is still under development but most probably i would say that there are less chances that i would choose libra coin because there is no much utility offered by libra to common audience except business dealings who advertise on facebook.The target customers will in fact invest in the project due to its popularity and services offered by facebook if there are no much restrictions imposed by governments.But according to me investing in stable coin provide with less profit returns than other like btc in short period of time but if you wanna give it a try then your wish. |
|
|
|
|
The answer is clear cut no as we depend upon on banks for various services and they are supplier of fiat which is essential for survival as crypto have not still became part of financial system of our nations and we are left with no other options.Beside this you need to convert your btc or other coins to fiat through banks and i can't afford to loose relations with my bank until there are solutions for payment in cryptocurrencies.
|
|
|
|
|
Show Posts
