With the current economic crisis caused by the corona virus does not make bitcoin replace the role of fiat, because according my opinion it was too quick to conclude that bitcoin is able to replace fiat with network lighting. It is true currently using bitcoin is very effective as cross border payments, because it can prevent transmission of the corona virus. But on the other hand there are still many reasons bitcoin still cannot replace the role of fiat as a whole. For now I feel that bitcoin is still better as an investment compared as payment.
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I am sure if there is corona virus never happened, maybe now the crypto price is approaching the all time high price, because the bull run will continue until bitcoin halving. But what is happening right now is not entirely bad, because I can buy bitcoin and altcoins at cheap prices. Right now that the price of crypto is getting better, so for those who have already bought it when the price drops.Now can take profit.
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I strongly agree with your chosen exchanges, especially Binance, Coinbase and Kucoin. Because all three exchanges are my favorite for trading. In my opinion the best exchanges actually must have three things: real volume, low trading fees and the lastly has a good security system. When it comes to features, it's just a matter of individual taste.
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If we really believe that bitcoin is the future, we must also be sure that bitcoin will soon rise in price again. So it's really we must hold bitcoin until the market gets better. The current situation is very bad for the cryptocurrency market, the corona virus effect very bad for the cryptocurrency world. That's right, hopefully the spread of the corona virus can be stopped quickly, and can soon found a special drug to cure this corona virus. So the world economy can recover soon.
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The price of spyce token is down because all coins are experiencing a price decline. This is normal for the cryptocurrency market, because it is not long again if the market starts to improve and all coin prices start to rise again. Surely the price of spyce token will go up again, and therefore investment in cryptocurrency called very high risk, because its price movements are indeed very volatile.
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It's true that corona virus is very dangerous for fiat currency, because fiat currency generally has to make physical contact. And the thing causing corona virus spread more quickly. Whereas bitcoin all transactions are carried out digitally and there is no need to make contact physically, so proven to be very safe. The governments of the world should consider bitcoin to be legalized as payment, so that transactions finance can still happen, without worrying about infected the corona virus.
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Of course I would choose top altcoins to invest, because the chances of it going up are very high. I would recommend for investment such as ETH, LTC, XRP, BNB and TRX. Moreover, the price of all altcoins are now in the best price position to be bought. I suggest buying gradually the altcoins you choose. We will see approaching halving there will be a big surprise, the price of cryptocurrency will go up drastically at the end of april.
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I am among those who are not surprised to see bitcoin in March experiencing a very drastic price reduction. Because I already did the previous analysis, which in 2019 if we see the beginning of the year the price also decreased to $ 3,700 and then could rise again to the price $ 12k. So I don't need to panic to see the price of bitcoin going down now, this is a good moment to buy bitcoin again.I predict approaching halving in late April the price of bitcoin will start to rise dramatically. So in my opinion there is no connect with these dumps with halving time, we just need to be patient a little more to be able to generate large profits.
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It is very true that the decline in the price of bitcoin is quite deep and rarely happens, we must make the best use of it. By buying as much bitcoin that we can afford, because as we know the price of bitcoin is very volatile. So the deeper the price of bitcoin goes down, the higher the price rises. And if we buy bitcoin at current prices, it will certainly provide a very large profit. So don't miss an opportunity like this. Or later will regret.
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Of course the best choice is to use cryptocurrency to prevent the spread of corona viruses by using crypto,because there is no need physical touch occurs. I believe the Chinese government is starting to consider this. And if in the end the Chinese government legalizes cryptocurrency as a payment will have an extraordinary positive effect on China and the development of cryptocurrency. I hope the Chinese government dares to make a decision as soon as possible, so it's not like now that the Corona virus has spread almost to all countries in the world.
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Very true we should not delay investment, because investment can make you get passive income. Although realize it is not as easy as we imagine, at least we start first. If our investment goes smoothly for approximately 5 years then we can make a decision to get out of our work in the real world.And focus on investing in crypto, and being able to enjoy the life we've been dreaming of. That all can be realized if our intention is strong to invest from now up to 5-10 next year.
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Although I am not a citizen of India, but I am very happy to hear the news that the country of India finally legalized cryptocurrency. Actually I am not surprised that the state of India will legalize cryptocurrency, because indeed the number of Indian citizens has cryptocurrency includes many. Even the number of bitcointalk forum members is a lot of Indian citizens, and after the government India legalizes cryptocurrency I am sure the development of cryptocurrency in India will be more rapid.
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I do not agree that most of the airdrop scams, because I am among those who are diligent and actively follow various airdrops. And the fact that 80% of the airdrops that I follow pay for everything, but indeed the pay is mostly very small. Because when airdrops distributed, the price is directly dumped. But there are at least 1-2 airdrops whose results are quite satisfying. So don't believe the news that says airdrops are mostly scams.
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In my opinion trading is still better than freelancing in making money. Because of the income I get from freelancing not as much as the income I get from trading. Therefore I am more focused on making money by trading. Sometimes there are 1-2 freelancing projects that pay big enough, but rarely get freelancing projects that pay big. Except you have the programming ability that is paid quite large as freelancing. But people in general rarely master the ability programming.
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The best decision with current market conditions, my advice is to hold the bitcoin that you have. Because if we convert to USDT, means we cut loss and it makes our capital decrease. After that we may not be able to determine the lowest price from bitcoin. What is feared after we convert into USDT, bitcoin will soon go up in price instead of going down. Then from the safest way is to hold bitcoin that you have, until you reach the desired target.
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In my opinion there are still many bounties projects that pay, even though I have to admit the fee is very small. But for me it is better than not getting paid at all. My advice do not be carelessly join bounties, do an investigation before following projects. And look at the spreadsheet whether many are joining the project, if many are joining the possibility the project is good. Just follow as many projects as possible, there will definitely be 1-2 projects that pay well.
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It has to be in most countries, it is a crisis right now. Even in my country some of it is true the company has reduced its employees. And some companies are going bankrupt, this year, mine is back to where it was 2008. Hopefully we can all rise from this downturn, because this year we have cryptocurrency that can be the solution. Moreover, I'm still optimistic that reducing bitcoin can make the price of bitcoin can rise to $ 12k. So now it's time for me collect as much bitcoin as we can.
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It's true that it's likely that there will be a panic sell and bitcoin can go down again from the current price. We must get ready for cutloss if it's daily trading. But for those who are long-term trading, my advice is to just hold the bitcoin that you have. Now bitcoin has fallen to below the price of $ 8000, if bitcoin continues to fall to below $ 7000 this will be very helpless. Because there will be more panic of investors who holding bitcoin, we just hope that bitcoin can go back up to the price of $ 9,000.
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I totally agree with your choices like NEO, ETH, and LINK will provide huge profit in 2020. But for newscrypto and fabrk I doubt it, after I analyze the two coins are less potential for investment. For myself after doing research and investigation into several coins found several potential coins to buy. I chose to invest in ETH, LTC, BNB and TRX. Because the coins that I have just mentioned, besides having very good potential. Coins have a volume high and also strong fundamentals. Certainly it will be very good for investment in 2020.
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In my opinion trading and investing is the best way to make money in the cryptocurrency world. For investment it is suitable for newbie, because the risk faced will be smaller than trading. Because investments we only need to choose coins popular and has high volumes such as bitcoin, ethereum and litecoin. After that it is held until the price is higher than the price when we buy it. Different from trading must have the ability and knowledge in the crypto world in order to read the market.So you can determine the exact purchase price and also can determine the right sell target. Usually trading is carried out in the run relatively short.
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