I cannot say that bitcoin may be a shelter because recently we saw a serious panic where the worth drops such a lot and it's not a characteristics of a secure heaven. the foremost popular shelter is Gold but its value is additionally drop when the pandemic start, the worth of bitcoin is just too volatile and on behalf of me it's not consider as a secure haven investments.
When a crisis like this, all investment products must go down. This is an effort to meet basic needs, so many people sell their investments. That is why there was a fairly extreme decline, including in the crypto market last March. When the situation is under control, the crypto market can recover faster than other markets. Either because of the scammers moving their scammed BTC or the pandemic, I would go with the scammers. I would rather retain my holdings than going along with this scammers because this is inhumane and not a basic way in joining these scammers moving their BTC. Bitcoin is volatile, that is the usual answer people tell me why Bitcoin would never be a safe-haven.
why need to listen to those telling you this and that? remember you have been here in crypto for how many years now and you experienced the advantage of being bitcoin user or holder. But the thing is that people are actually getting a profit out of it, despite the fall it will go back to its normal price suddenly. In the long run, it gave a lot of profits from its users and investors and I think that is the reason why we should consider Bitcoin as one.
this market or Bitcoin is safe haven if you know how to manage your crypto,if you know what Holding means and how selling the coins when there is a pump.
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Both are good to invest in but I prefer Eth to Bnb because ethereum is second to Bitcoin with a very stable price. Ethereum network has alot to offer, with this i sensed Eth will be a good coin to hold for a very long time.
Yes, if we look at the ranking and the birth of the two tokens, it is very clear in this case that ETH is superior, although BNB has an exchange that is very popular at the moment, but the vote has been seen that ETH is still very much liked by all people, including me too. Ethereum is still trusted by investors compared to BNB coin, but BNB also has the opportunity to grow higher than now. Ethereum became altcoin number one because of its large volume and also the platform used by many new projects. seems that BNB had good year - last year, and i do not expect from it to have another good year in a row, maybe the relative between BNB and ETH will change in a year, and then BNB could become more profitable than ETH, but ETH should be better this year, especially if ETH2.0 starts in third quarter, as expected BNB made a better movement last year mate compared to what they experienced in 2018 so i don't get what youa re trying to say here?ETH was not even better than this comparison because check the data and you will find what is the advantage of BNB than ETH last 2019. if in my opinion I would prefer BNB but it does not mean I don't like ETH, of course both are equally good, but lately I see BNB is quite cheap now, because it can provide more benefits because I quite believe with this coin can reach $ 900 in the long run.
know what?i come to ask why need to choose between the two when we can diversify our money investing in this two currencies? Diversifying is the best way to make profit here so i don't need to choose,and besides i have been holding these 2 currencies for long time now and i am only waiting for my time to exit and re buy.
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I have recently been quite curious about the many debates about which currency is better. Many people say that they will choose Crypto because it is convenient and creates a common currency, bringing equality to all countries.
But the true question on this part is does their government really accepts Crypto?will they use the crypto in daily basis or just as investments? And some people choose Fiat money because they've been used to using it for decades and now they have credit cards and wallet payment apps online, so why do you need crypto?
they need crypto for multi using,they can use as currency but they can use as investment for holding also. Which side do you think is right? I want to hear from you sincerely.
I am for Both,I am using fiat because that is the majority of payment option in my country,but i also use wanted Crypto currency for long term holding as i have some extra money each month so instead of spending in nonsense i invested them all in crypto.
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Today one of the largest market improvements and transactions is now related to bitcoin which is good to make more profit and a lot of income. Some of the people today are storing their funds into their cryptocurrency wallets and some of those does not handle by the government but in some countries like in the Philippines, they have the wallet called the coins.ph this kind of wallet is still handled and limited by their government which is somehow good and bad. In a good way, they always monitor the market transactions about the bitcoins and other coins because it is better to keep aware of the transactions of their users. On a bad side, it is not like decentralized because the government is starting to manage the transactions of the users and limiting again bitcoin is decentralized so, in my opinion, it is better if they will not limit the transferring of funds into their wallets.
They only storing but they cannot use the Bitcoin unless they will convert in cash of Fiat first correct?this is the bad part of investing when you can even directly use the currency,not like Paypal or Paymaya that there are many establishments that use this already and not even need to convert first. But of course all of us longing for this time to come and we will have a freedom about our financial matters and no third parties that needs to be anticipated.
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Of course, sooner or later ETH will be able to hit ATH, only it is unknown when it will happen, but I am sure that ETH is a very promising project and will achieve all the goals in time.
It is not far and we will see it in the near future. That is why few days ago ETH has started showing us better price than in the past. l think ETH will not stop and keep increasing, maybe till at the end of the year, ETH is going to hit ATH. None can say the current time of happening it, but as you above mentioned sooner or later ETH will do it. Well ETH is still in the action of recovering from the saddest drop last march because even Bitcoin suffers in the same reason,i am a ethereum supporters from the past and never lose hope of having the gains like what 2018 brings though i am lucky enough to profit that day yet i never lose hope that this will happen again soon. I place a bet with a colleague i want to be sure if anyone has useful information about ETH please share here thank you.
yes, of course and not only ethereum but all solid altcoins with active development will hit ATH even create new high in price mate The possibility to reach its old ATH depends on how too the development and that's a very difficult thing to be achieved again consider it will have needed massive demand. that's something that can't be achieved in a few years. That is why we are expecting the ETH 2.0 to come on our way this soon because since last year this has been the news but developer seems not to giving us updates about this. For those ETH holder so better wait and keep the Trust.
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I have seen many questions about how they are going to be a professional trader, so I just wanna share my experience, I am not a professional trader but I just wanna share some of my experiences and way of thinking in trading.
1. Trade at your own risk - You should know that investing, gambling and trading is somehow the same because you are not sure that you could win the prize, so expect that you could win and you could lose your money.
Not only risk but also trade what we can afford to lose,since trading in this platform is too much risk so the more we risk is the more we lose. 2. Limit your budget - always limit your budget for trading, you should use only those extra money you have, instead of spending it on some other things, you may use it for trading, at least you made something to make it profitable.
better to allocate the amount that you need no more,so in the time of losing there will no regret. 3. Do not be greedy - There are many people who suffered from being greedy, they tend to spend all their money because of thinking that they could still make more money but instead of earning they have lost their money. ALWAYS KNOW WHEN TO STOP AND CONTINUE TO TRADE.
This is the most and perfect advice mate,Greed is all our main concern and we have been losing too much because of this. 4. Learn from your own mistake - Instead of being sad because of losing try to think on some other thing why you get lost and think some good strategies to overcome those mistakes.
Common knowledge is this one the only problem is the people who is not doing such instead allowing themselves to lose and lose constantly. Trading is really profitable ways of earning money and having skills and knowledge about it would be a great advantage for you.
But this is also the most risky compared to anything that offers us profit in this market.
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Bitcoin is a digital gold, yes it is really good thing for the positive side. It is world's first decentralized virtual currency nobody control them, this is a miracle in the electronic and human industry, demand is more and supply is less.
Bitcoin being Hoard by many Holders?yeah there is a possibility that this is being a Digital gold aside from the project mentioned above to be as a Digital Gold because that token is far different from Bitcoin. and also by the demand from many people now and the main reason why Bitcoin value is continuing to grow so yeah Digital gold is indeed here. Bitcoin as a replacement for gold is possible. But if you're talking about digital gold it's Xaut
what do you mean by Replacement for gold?Gold never need to be replaced because the mining of this precious stone is unlimited and the longer the days goes by is the more the Gold is being mined not like the Bitcoin that has limited supply so the value will grow more in future.
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It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now.
If the price stays at least 1 week or increased in the next days?then we are in good chance of increasing continuously. this is almost the same what happen in 2016 when the effect of halving felt in 2017 not in the year when it happens so basically we will be in waiting time now,so Keep the holdings guys and be ready for the Run. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin.
Yeah it can for sure if the price established this position at 5 digits for the next weeks. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.
we have already correction last march so there is nothing that we expect unless we cross the 12k$ mark then yeah correction might happen again before the true Bull run starts.
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As for now we still dint figure out yet how to live without loan from the bank, and asset management handle by the bank. Usually with crypto assets, once you die, your assets buried with you. Cannot be past to your family.
My entire life i never experience loaning from banks so how come that there are people that needs a bankloans?in my community there are only few that was asking loan from banks and majority are living with their own income and strategy in life,so meaning we can live without banks the problem is we have no other option to use crypto thats why we need banks to convert our crypto asset to make purchase and pay debts. We can live without banks however it might be a difficult transition because we used the banking system for centuries. Banks will never be obsolete, they just continue to evolve over time even these days rise of crypto they are blending with the ecosystem.
we can adopt soon,maybe there will be some difficulties and changes but people will surely live with it and that is what we are sure,because of people has no choice then they can easily adopt or do everything .
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There used to be a lot of bounty scams and I decided not to post them since August 2019. I was very disappointed to see the bounty in 2019. A few days ago I met one of my friends who said that if there are fewer bounty scams now, is that true? I now decide to join the signature that I use now
Now you are being victimized by scams again,because you are wearing a scam project Lol and i am sure you will be disappointed again after that project ends. Look at the Groups in telegram from some old timer Manager that until now there are still scamming and still majority of them,. It's kinda difficult now to identify if such bounties or projects are scam. Because what if you joined on some bounty campaigns and then they are only good in the beginning and they already rewarded the prizes to all participants, but after their Initial Coin Offering(ICO) or Initial Exchange Offering(IEO), they don't have a value of no exchange that is listed the coin you got on the bounty campaign.
yeah and he can look at some concern accounts here that posting what they think is legit campaigns and here is one https://bitcointalk.org/index.php?topic=5228629.0Check those On the OP for your own safety.
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from the list above, I just like and have an altcoin investment Crypto.com - MCO. I am very confident that altcoin MCO will continue to grow and have high selling points in the future.
MCO has a good standing from the ATH of 27$ and ATL of 0.6$ now seats at 5$ and growing and has a ROI of 44% this is good for a rank 67 .but about the list about?those are all shitcoins and nothing in future that has an increase for good. from the list above, I just like and have an altcoin investment Crypto.com - MCO. I am very confident that altcoin MCO will continue to grow and have high selling points in the future.
what are those popular coin?Bitcoin and Ethereum? though always in topic to Buy top 10-20 currencies but there are also option aside from those,like the one above me MCO that has a good potential and movement until now.
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Bitcoin's supply cap is fixed. It can't be increased
actually its already decreased because there are many Bitcoin that has been Gone as other holder dies with their private keys,and other had losses they keys and cannot be recovered their coins anymore.. This is the reason why in time the price of Bitcoin will surely grows because of 21 million coins to be circulated now we maybe had 50-70% in circulation and some small percent still under mining. After I read from a number of trusted sources and it turns out I get information, if the total number of bitcoins in circulation is 21,000,000. but if demand continues to increase, this number will be added again.
and the My question is very simple ...
Who will increase the amount of bitcoin, if then the demand increases ?? Did they Is make this bitcoin, actually ??
Trusted source? But those source of information seem's like misleading and doesn't know how things work. The supply is fixed there wouldn't be any adjustment because of the demand after all one Bitcoin could be divided into small pieces called Satoshi so we don't really need to get more than 21M supply. all are speculative and nothing is certain until it happens,this is the problem if we are believing what others says without any assurance.
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The main reason why people are afraid to invest in BTCitcoin is volatility and ignorance. Because if they learned a bit about this technology, volatility would not be a reason, there is another reason like banning the economy with Bitcoin in some countries. If the government does not endorse Bitcoin then there are no citizens who are interested. Only the most daring, curious who decide to learn manage to achieve the benefits of investing in Bitcoin.
But the problem is they were being lured here in crypto because of promises to make easy money while the truth is there is no such thing like that unless you are lucky enough to have a chance investing in a currency that will be pumped by whales soon after buying. Bitcoin is too volatile. It goes up and down unexpectedly, this tendency makes bitcoin risky. Conservative investors aren't ready for that.
But if you got a chance to invest while the price is low and sell when it is high?does volatility hinders them? The problem here is people look about the volatility whenever the price is falling but not thanking this when they are profiting.
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Tax is good but if the governments are ready to capitalize cryptocurrency and take taxes on transactions then it must be ready to be transparent on the where exactly the taxes go and into whose hands. The government must be accountable for that. This can only be achieve by the same utilization of Blockchain technology by the government.
to be transparent then the tax payer must be exposed as well?and this is what we don't wanna have here since all we love in crypto is our privacy and our semi anonymity and with this rules i believe many things may change and this same reason why people here will never agree on this. i think what will happen here is forever in disagreeing because government wants to have part in crypto but the concern members of the community will never approved this thing and will always adaptation is at stake .
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You will be called a hypocrite if you will say that "You will gamble not for money but for fun."
That is totally wrong,because there are some people(only few because majority is for money) that still wanted to go in casino or in local gambling place or even online just to Have some fun and if they win?that would be just a bonus,we Humans has our own way of dealing in things so don't generalize people in gambling place because everyone is not the same and that is not hypocrisy . Lets accept it that even those who are gambling for fun have a desire to get some money inside them. Its just they can take their losses as compare to other gamblers since they are just using a small amount of money for them. Making money for me is the main purpose of gambling and we can already see it. Gamblers are gambling so that they can get some money to be used as they believe that they will win on it instantly . Yeah they have to desire of course to win because that is the fun thing there but they are not for the money but for the sense of winning over other and that is what they are looking when they said gambling for fun. Most of the people are gambling for other reasons and there is nothing wrong with it but I still believe that deep inside them, they also want to get some profits.
Thats your thoughts and opinion so i'll respect that mate but i have my own because i have more set of friends that is very close to gambling.
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They have already figure it out that bitcoin is working for their citizens so it's now time to take advantage of that use. They won't ban bitcoin, as a matter of fact only few countries did banned it because they don't understand it. The only thing they know about bitcoin is it's the money of criminals and illegal transactions but they don't see the usefulness of it.
looks like the government now taking their piece of cake?but what government would not want to gain?looks how much money is now inside this market?the amount that inside crypto is enough to feed the whole 3rd world country. How much money does it require for them to manipulate bitcoin? I don't think that they'll go with that game but instead take the advantage and pay attention to their citizens that's making money out of it and tax them because it's volatile for them to play bitcoin's game of manipulation.
actually what OP is saying is those government is making issues to shaken the market and not manipulating with Big budget.
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Blockstack, every time it goes >100 ranking on coinmarketcap.
There always somebody keep pumping the coin up.
Current ranking 80+
Also, one of the coin that keep getting higher green each week.
I will study this one and it is indeed then i may consider investing half of my Budget now for long term holding. I have tried buying cheap coins last January but after the march fall?it almost make my investment down to 60%. but its OK i have good currency in my folio i only wanted to ask some 2-3 other coins because of halving Bull that we are all waiting.
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This year, in abid to join the best bounties around to flex the time; several peeps have highlighted numerous bounty programs and tagged them safe due to the team reputation, the projects product output, and because it is listed on a reputable.
this is one way to say that it is at least safer to join but doesn't necessarily mean that we won't lose at any chance. It has given different results, with Hex price skyrocketing, while burn and spyce struggles; And the safe sheng also removed kyc as requirements. I urge every hunter, to realize that while selecting safe bounties to join; also join because you will get profits from trading your rewards.
Lets be realistic Guys ,that bounties now has no promise at all,like what is happening in reality,Bounty days are already gone and we cannot expect any good profit because even if the project is buying?but if time comes that we are available to sell then the value already fell down the ground. Do your researches, evaluate your chances of earning well; before joining.
i have not joining Bounties for years now because i am lucky to be part of one longest signature in this forum but suddenly closed this year. But another luck that i come to join this latest campaign.
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There have some altcoin who have really good future for a long run investment.
1. Crypterium -CRPT 2. Tierion - TNT 3. OX -ZRX 4. Crypto.com - MCO 5. solve.net - SOLVE
What do you think about them? Also do you have any other recommendation for a long term investment?
How long is your long term mate?because these sets of altcoins are more on top 100 and up rankings ,and some are even in top 400 in which i believe too far from reality of Making its way to the top.Why consider these currencies than those in Good ranks?because it is cheaper?or someones tells you to Buy them?or maybe these are the bounty payments you've got in your hunting thats why you are advertising them to gain sympathy and may have some other investors to make a little Pump? If i were you?sell them all now before they die tomorrow and Invest in below 100 top currencies for much secure investing. Well I believe in the top coinmarketcap surely they are good for long term investment but the best altcoin to invest for me is ethereum, you should include eth in the list.
I'm fond of investing in ETH, and ETH is my favourite coin. Like every ETH lover l believe that ETH will rise up more in the near future, it will not take a long time to see it. No doubt as you mentioned investing in top altcoins is always profitable, they are absolutely superb for investing long-term. It would be better if we saw ETH include this list. ETH has always been a favourite of many investors, but personally, I think this coin is old and certainly will not be able to rise as before because the value of Ethereum often depends on Bitcoin. I think this time you should look for new coins that are available in this market to invest because they are profitable coins. However, the risk will be higher than normal, and you may not always be able to predict the volatility of that coin. No problem with that. If bitcoin price increase, that will be a sign for ethereum to increase. Although ethereum is an old coin, ethereum still survive and still get a good position at the exchange, and the volume is good enough for us to buy and sell and make a profit. However, if we try to look at a new coin, there will be so many new coins which can make us confuse to choose. Maybe we can select the coin which is released on 2018-2019, so the option will not be too big. Or wait until the Next version of EThreum comes out in which they called ETH 2.0. but if when will this be released?no one knows as i am also waiting for this to make at least good profit from my ETH holdings.
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But there is always the risk of a massive drop, buy it at $9k and see how it goes down to $3k is really cruel, we could lose that 60% in less than 24h, i think that's why people still afraid about investing in bitcoins. This is a high risk investments, but not all the people can take the risk.
That is the problem if the investors don't know what is this market and how this goes because for sure those kind of dip will made their mind shaking ,there are some people here that made those things Big deal when the truth is if you can at least wait for some time?they can recover from that dump. Lets look what happen if You bought at 3k$ and hold until September Last year when Bitcoin go tall at $14k? so the scenario will change that you will be attracted because you'll see it can make you richer?
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