Until now bitcoin is resisting from going deep down, it went down for a while but it got recovered in no time.We can't say what will happen to bitcoin's price if we are going into a depression state but it will helpful for more people to adopt because now we have a solution for these centralized shits.
The price of bitcoin will not depend on what is currently happening with the economy. The volatility of bitcoin will remain high, so we can expect that the price will continue to move in a large range.And this volatility will help traders earn money in such a difficult time. |
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....I will narrow down my business models, spending 30% to buy yuan, 30% to buy US dollars, 30% to buy. Bitcoin and the remaining 10% are cash. What about everyone's opinions?
I don't think the Chinese yuan is a good choice to save your money. As long as the Chinese government resorts to devaluing the yuan in order to increase the competitiveness of goods, you will only lose your money from such an investment. In this case, it is better to spend this 30% on the purchase of EUR. |
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Yes contact with other people is impossible to eliminate. Another, the way of paying coins and bills. We know that money is dirty due lot of hands touches it. Online transactions are not yet implemented by all of the stores and coins/bills are still the major mode of payment which is prone to spreading of virus.
The use of Fiat does not actually affect the spread of the coronavirus as much as it is written about. But I agree that the number of operations with Fiat should decrease. But this is perfectly handled by credit card payments and contactless payment methods. |
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Projects are raising money successfully using IEO, if you don't know well ICO was ruined because of many exit scam that happened two years ago, we still have good investors on big exchanges, I don't see any reason to keep hoping for ICO to make a come back.
Very often, in order to raise the necessary money for an IEO, a company conducts an ICO first. One of these projects over the past year can be called Cartesi, whose bounty was held at this forum. This campaign first held an ICO and then an IEO on the Binance exchange. CTSI is currently trading x2 of the IEO price. |
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...Yes, I guess USD may remain as world's reserve currency for at least another decade as well.
To do this, the dollar should not remain aloof from technological progress. Therefore, we will soon see that work on the digital dollar has begun. And there are objective reasons for this, which are related to the fact that the bill from the democrats has a proposal to create a digital dollar. |
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Very often, scammers come back again to re-post the link to the Scam. Therefore, before publishing a new thread, the OP had to check by searching to avoid duplication. Btconlineinvestment.com is a Ponzi scheme that offers a profit of 14.3% per day and does not have a real business. The flag for scammer was created: https://bitcointalk.org/index.php?action=trust;flag=1990 The negative tag is left. |
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Almost exchange above not guarantee to give us profit with investing or joining their IEO coin investment, many people lost much money although with top exchange market like Binance or bittrex and huobi, look what the problem faced by investor when try to buy perlin IEO coin list on Binance, after active for trading price down under IEO price.
I took part only in the events that took place on the Binance exchange. So I can't compare Binance with other exchanges. But in my experience, I see that all the IEO that were held on this exchange brought investors a good profit. But in any case, the price of coins in the first hours after listing was much higher than a few days later. Therefore, it is very important to sell them in time to buy them later at a lower price. |
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You've found something else giving you money, if it's crypto related, why not share it? Also, I agree with you that bounties do not give money compared to the good old days, but a few do. This is the more reason why we ought to be extremely selective before promoting any project. For me, trading has been my "new found love", even though sometimes it breaks my heart lol. Atleast i gain on about 65% of my trades.
Now, indeed, bounty programs do not provide such earnings as they did in 20017-2918. But those who came to the world of cryptocurrency in those years should have already re-profiled from bounty programs and started earning money by trading on the exchange. And now this is the only way to earn a profit, which depends only on you. |
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True! Joining signature campaigns is one of my favorite things when I do bounty. It's more like going around the forum, reading all the experiences, lessons from others, and share my own experiences. I enjoy talking and chit-chatting with people who have the same goals as me. I don't usually do it just for the counts of weekly post lol!
Recently, participation in the signature campaign gives a profit only if the work is paid in bitcoin. If you carry the signature of a company that pays remuneration in tokens, then you may not receive anything at all at the end of the bounty. But even if you are paid tokens, it can not be considered as earnings, because they do not cost anything. |
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ethereum priority is above BNB. so, if we are told to choose between ethereum and BNB, then ETH will be the first choice. although I believe that many people hold this coin in the same amount. Personally, I hold ethereum in a greater amount than others, even for bitcoin.
All those who trade on the Binance exchange must hold the BNB coin. Because it is not only a good tool for trading, but also has many useful properties when holding. These include reducing the Commission for trading, as well as participating in Binance IEO events. Nothing like Ethereum can offer. |
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So the Central Bank of Russia in 2018 held as a reserve: yuan-14.4%, dollar-22.6%. But this choice in favor of the yuan only led to losses, because the Chinese government has devalued the yuan several times over the past time. The digital yuan will also be devalued in the same way That's what happens when your government pursues political goals before economic ones The Chinese have been devaluing their national currency countless number of times in the past, and you didn't exactly need an MBA's degree to foresee such developments and expect more devaluations in the future. Moscow thinks it bought the Chinese support in the international scene but China knows better than that. And who is going to pay? Common folks will be paying, as always If I mention Russia in my answer, it does not mean that I am a citizen of Russia. Therefore, do not transfer your negativity to me. I believe this is a very good example of the digital yuan not being able to claim something big because the government is devaluing the yuan. |
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In my opinion, gold is a great stable asset that can help you to protect your capital and money during this pandemic. Gold is most trusted by the people and there is no way gold can fluctuate 30-40% in a month.
Bitcoin, on the other hand, can give you a big profit if you have a good entry and good exit. For example, in early April, Bitcoin dropped to $2000. If you bought them, you would probably earn 400% right now
I guess there is no place that can be called a safe-haven asset. It's just about the people who are wiser than the others
This would have been a good entry point at $2000, but there was no such price in April as you point out. But even at the price of $3782, which was in March, you could make really good money. This size of profit for 3 months can not give any gold or other business. |
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I don't like the idea of KYC, but I guess it's best to send in accurate information in order to not risk your money.
If you need to pass verification on the exchange, then you need to pass KYC only with your real documents. This will help you restore access to your account if it is lost. I do not consider passing verification for various bounty campaigns at all, because it is not legal. |
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An easy question to answer, it is impossible for digital yuan to replace bitcoin and US Dollar. Because the Yuan is not an international currency,
in my opinion no other country is interested in digital Yuan. Although until it is successfully used for digital yuan, chances are that it uses only
Chinese residents. Even in the future all countries will have their own digital currencies, so digital yuan no different from other digital currencies.
You're wrong. The Chinese yuan is held by many countries of the world as a reserve. So the Central Bank of Russia in 2018 held as a reserve: yuan-14.4%, dollar-22.6%. But this choice in favor of the yuan only led to losses, because the Chinese government has devalued the yuan several times over the past time. The digital yuan will also be devalued in the same way. |
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everyone will think like you that investing in crypto is the most popular, of course bitcoin. but it never hurts to altcoin top rank can also be used as an alternative, because with bitcoin investment the funds needed are pretty much different from altcoin. Don't be afraid of investing in crypto because it remains safe and reliable
As for the high cost of bitcoin, unlike altcoins, it is not necessary to immediately buy 1 BTC, you can invest from 1 μBTC to 1 cBTC. It all depends on how much you want to invest in cryptocurrency. It was previously noted @billykannithi that the price of bitcoin has lost much less in its price than any other coin. Therefore, bitcoin is better suited for holding. |
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...As for China trying to exceed US, well, let's see about that. They're currently trying to rush the development of the Digital Yuan which they say that they would use it to exceed the US dollar. Well, all of this is still speculation on their part tbh, and even if the US is currently undergoing a lot of problems with regards to the economy, they've stood strong even in the past so China has to do something big to actually win.
I don't understand how the digital yuan can be a competitor to the dollar if the Chinese government regularly devalues its national currency. In order to become a reserve currency, you need its stability, otherwise your savings will be devalued just like the yuan. |
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if it was done by the project and realized for the bounty program, I would strongly support it, and of course it would be better,
I'm sure other participants would also be happy, but is the project capable?
Paying stable coins for bounty campaigns is not going to happen. They don't need to spend thousands of dollars for a campaigns. They don't have funds yet that's why they use bounty campaign to attract investor. There are few bounty campaign who pay ETH and Bitcoin but had limited participants. You can try joining them if you are not satisfied with token as payment. Yes, some ICOS that held their bounties on the forum paid bounty hunters in Ethereum. I remember that one of these campaigns was IoTeX. But most often, the forum hosts Signature with payment in bitcoin, but they are usually promotions for already working projects that are not related to the ICO. |
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Binance listing a coin is normal just like other exchanges but to maintain the price is an entirely different thing because many factors comes to play such as market conditions at that point in time, how the team are playing their own role etc; all these conditions can either lead to an increase in price or a decrease in price. Also, from another point of view, most times when a project that is trading on another exchange wishes to list on Binance maybe through community voting, it's a normal thing for the price to surge because people will buy but it has been seen that once listing takes place on Binance, the coin tends to dump owing to people selling off. This is another case scenario to look at and thus people should be careful of all these coins listing on Binance via community voting, if you want to hold, make sure the team are hardworking so that the project will retain its value.
I'm not sure, but I can still assume that some post-IEO coins that pass on Binance can be transferred to the exchange as payment for listing. Therefore, Binance, having a certain number of coins can influence the price of such a coin so that its price does not fall to the lowest mark until it stabilizes. |
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Indeed trading is based on probability, but you have to know to make your daily trading get profit at least you have to out come two things.
Firstly, you have to outcome the technical analyst. This is what you have to done before you have intention to entry. You will useless if you just come to the market but you haven't had an analyst it's the same as suicide.
Secondly, you have to force yourself to read everything about crypto currency news, its called as fundamental analyst, because in everyday we will find/have different information and it will make crypto currency prices change. Those two things will make your daily trading get profit and at least and reduce your probability to loss.
I consider the ratio between profit and loss that I can get to be a very important factor when making a decision. There is no point in opening a trade if you can get a profit of $100 on it, but if the price goes against you, you will get a loss of $1000. |
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