It is quite interesting to see the decreasing BTC dominance, while the altcoins market cap is increasing. Based on this it is indeed a good idea to focus on altcoins, with a chart showing a rising alts market cap. This is a sign of demand for altcoins large enough, this is a good opportunity to be able to make a profit from altcoins.
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It is not surprising to see America having a high number of unemployed people, because the number of the spread of COVID19 in America is still the highest. So surely some companies there have reduced their employees or even some companies have gone bankrupt due to COVID19. But I think American peoples should not panic, because the American government will definitely do something to solve the problem this high number of unemployed. My advice is that while waiting for government assistance or policy, American citizens should find a source income from the internet. Cryptocurrency investment or trading can be a good alternative as a source of income.
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Even though in my country the government doesn't accept Bitcoin as a means of payment, I am quite happy to be able to use Bitcoin as digital assets. This is not necessarily good in the future, if there are more frauds in the cryptocurrency world. There is a possibility that some countries, such as mine, will become banned from Bitcoin. Therefore it is very important educating about Bitcoin investment, especially newbies can avoid becoming victims of scammers.
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This is the reason why gambling is banned in some countries, because many people cannot control themselves when playing gambling. Not knowing when to stop, which in the end some people became the greatest gambling losers. I feel sorry for 10 people who are experiencing the biggest gambling losers, as already mentioned in the opening post. There are even some of these people must become poor and get into huge debt.
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Mining is indeed one of the most popular ways to get passive income in the crypto world. But now mining it's not profitable anymore, because the costs are very large. People are looking for alternatives to staking, in comparison with mining, I prefer to make money by staking. Choose reliable platforms for staking, so you can get profit in the long term.
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What must be remembered is that practicing trading using virtual trading does not guarantee that we will immediately succeed when doing real life trading. But in my opinion the percentage of success of people using virtual trading is greater than people who jump right in do real life trading. So I am one of those who support virtual trading.
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More and more platforms related to cryptocurrency are targeted by hackers, perhaps because cryptocurrency is getting more popular. But regarding the CryptoTrader.Tax case, if we reads the chronology of events, the first possibility is that it is a weak security system, make it easy for hackers to steal consumer personal data. Then the second possibility is the possibility of inside jobs, because there are several strange events related to this CryptoTrader.Tax case. Whichever is the correct possibility does not matter, the most important is the CryptoTrader.Tax improves security systems, so that incidents like this do not happen again.
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What ever happened to that proposed reality TV program that was promising to send a crew to Mars (one way) with the landing / viewing as pay per view?
I also the news before like 2 years ago, but I am not sure. The news features people who are being paid big amounts so that they could sleep for long hours and also live inside a capsule that would mimic a spaceship that will bring people to the planet Mars. These people will simply live inside the capsule for a few months and scientists will measure everything that they can measure, so that they could know what would be the effects of long term isolation of humans due to space travel. I have not heard of that as well and whether the results are encouraging or not. If I was offered that opportunity, I would have turned it down, just imagining it would be terrible. Must fall asleep in a deep capsule a long time, for the experiment people will be sent to the planet Mars later. What if there are side effects, the risk is too great. Although the fees offered are quite large, the risks we have to accept are also quite large.
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Verge is one of the old coins that has existed from 2014, so it is very safe to invest in old coins like Verge. Actually, Verge's performance is not that great, since the hype in 2017 and reaching all time high prices. Until now the price hasn't shown it will go up. Even the current price of Verge has dropped to -9.76% this is due to the falling Bitcoin price. So my prediction is not likely for Verge to hit $ 1 anytime soon.
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COVID-19 has a negative effect on the global economy, a new breakthrough in the economic sector is needed to help the current crisis. One of them is by adopting economic decentralization, because it is proven that Bitcoin has helped the world economy today. Even though it is still on a small scale, the government should be more realistic thinking that legalizing Bitcoin is a positive step must be taken now.
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I think Bitcoin is good enough now, Bitcoin hard fork is not really needed. Too many hard forks already happened anyway, better to focus on something else. But if there really has to be a change from Bitcoin, it might be about Bitcoin transaction speed. Which is still an obstacle until now.
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I'm sure the trilogy fight between Evander Holyfield and Mike Tyson will soon be realized. Just watch this match come to makes a lot of money, even though these two boxers are over 50 years old, since both of them have a huge fan base around the world there must be big hype.I'm sure this match will be entertaining, I'm increasingly looking forward to the Holyfield and Tyson match.
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Ripple is profitable, but it is not possible to replace Bitcoin. Because even to beat Ethereum has never happened, especially beating Bitcoin as the most powerful crypto coin until now. Regarding Ripple going to a price of $ 10 I doubt too, because since 2018 until now Ripple hasn't touched the all time high price of $ 3.84 again. So it's too far if we are predicts Ripple to hit a price of $ 10.
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Investors like Dave Portnoy who are already successful trading in the stocks market have high self-confidence. This is what makes him lose money when he tries crypto trading, he equates crypto trading with the stocks market. In the end, he had to suffer quite a large loss, but this loss became a lesson for him that crypto trading was different ball game. Likewise, experiences of crypto traders may not immediately succeed when trying trading stocks. Everything that is new to us must first study it.
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Actually other investments are also unstable, even fiat is unstable. But indeed Bitcoin price movements are more volatile, so some people call it unstable. The reason is Bitcoin adoption is still low and there are still many countries that haven't legalizing Bitcoin, making Bitcoin's future unclear, this makes Bitcoin price unstable.
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It is very rare for gamblers to be wiped off a casino through Blackjack, because as we all know casinos always have a way of making gamblers lose. Moreover, we are not professional gamblers, the possibility of wiped off a casino is below 1%. Likewise with other games. Therefore we should play gambling just for fun, and always use money that we can afford to lose.
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Many crypto communities have welcomed the increase in BTC and ETH prices, this year Bitcoin made it past the $ 12,000 price. Even now experienced a correction to a price of $ 11,700. But I still believe Bitcoin price will be bullish until 2021, while ETH this year is spelled out very good performance. Even managed to reach a price above $ 400, I predict ETH by the end of this year will be able to reach a price of $ 700.
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COVID-19 forced my small business to close for a while, for several months I had to live from my savings. Fortunately, now the quarantine and lockdown have been lifted by the government, so my small business can run again. So I'm starting to be optimistic that my economic outlook for 2021 has become positive, but even though my economy has started to recover. The income I earn is still much lower than the income before COVID-19 happened.
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The best way to convert Bitcoin to fiat is of course using popular and trusted exchanges, such as Binance exchange. But I myself prefer to use local exchanges in my country, because besides being safer, the most important thing is I can do it cash out to my bank account.
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I feel really sorry for Neymar, PSG lost in UEFA Champions League Final against Bayern. Though Bayern truly deserve the title, congratulations to become six time European Hero.
Yeaah, Neymar looks the most sad among PSG players, but Bayern deserves to win the Champions League trophies after all. In terms of the game, Bayern dominate, especially in the midfield that Bayern are superior. But I enjoy the Champions League final, because the referee's decision was very good, so even though the match was quite hard. To my knowledge there are no decisions that are detrimental to the two teams.
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