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I'm guessing it is because they have a large amount of reserves and they are worried that people will switch from metals to digital currencies instead. This is going to be the new trend, as crypto is more profitable to experienced traders.
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I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
He is correct, and this is why there should be no rush to get bitcoin back up to $20,000. At the moment there is a steady rise with a few blips inbetween. This will help to make it a mainstream currency in all countries and on all platforms. |
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Not sure why most are voting for ethereum, it is being dumped at the moment. Especially after EOS moved 200,000 ETH into an exchange. Prepare for a mega dump and switch to one of the other coins. They could have done it gradually instead but didn't
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I think $100,000 is unrealistic for the end of year. Anything over the ATH of $20k would be a great result, and as we are past 20 April with no considerable pump for litecoin it is safe to say he is a holder of LTC and just trying to shill it.
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If you sign up for amazix then they will email you when a new bounty campaign is starting. Their ones are good because the bounty manager is a good experienced one and payments are almost guaranteed to be made. In other projects they can be hit and miss.
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EOS has just transferred 200,000 ethereum to an exchange and are about to dump them. The price will plummet so you should switch to LISK instead and ride out the ETH dump. LISK will be starting their DAPPS platform soon so getting in now is the right now
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It should be more of a hobby or an in-between job while finding something full-time. This is a volatile form of income because in some cases the project will disappear or refuse to pay up. Then you will have no income for a long time, if you rely on it then use bountyhive which is more reliable as a bounty program
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You need a strong mind to deal with the losses, something we have all experienced in crypto. However, as long as you don't sell you will not lose. Doubling up when it hits the bottom will minimise your losses and perhaps even help to make minor gains. This is good for psychological purposes.
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This is a great idea, it ensure that real and serious traders can continue as normal and anyone who would rather remain anonymous can still operate but on a smaller scale. There are other exchanges like a DEX which offers trading so anyone who wants privacy can join BISQ
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It's too volatile to guess when the highs and lows are going to occur. It is clear that bitcoin is way below the all time high and will work it's way back up there eventually. Buy now and hodl it until a rainy day like next year, that way you won't miss the pumps
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The best method is to get a job and an extra part time job to earn as much money as possible, and buy as much bitcoin as possible during the crash. Now it is less than half the price of the all time high so this time next year it should be worth well over $20,000
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It's possible but I think it will be for companies and countries that will have their own coins. This is already the case with Venezuela and Kodak for example. More will follow and it will cause a glut of coins on the internet. Good news is that bitcoin will rise as the number one tradable currency
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It is not always the case, as some people do not have access to a secure wallet that can be kept all the time e.g. travellers. So for some holding them on an exchange is fine, but it should be spread out to multiple exchanges so if one is hacked you won't lose everything
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Greed is what motivates many people to come into crypto because they see the high gains to be made, and once into crypto they find their way into this forum. Hodling is a strategy because they have no time to day trade, so hodling is different to greed
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Needs more FOMO for the investors who will miss out on buying at low prices and have to once again buy when it is high again. Diversifying will reduce the risk of losses across all investments, you'd have to be very unlucky to lose in crypto, finance, and assets.
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I think we have missed the best time to purchase EOS. Now the price of EOS has gone up a lot. If you want to continue investing, you may face many risks!
I agree with this post. The train has already left the station so any purchase now will result in minimal gains. The next opportunity is with LISK but large gains are not to be expected for a few months. Try and catch it this time before the pump |
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All for a long time already know, that almost all Russian ICO is SCAM. Here's another example of the "Russian ICO" - GIZAdevice (They collected Hardcap in early 2018, then they said that the tokens would come in 4-6 months when the product entered the market, and then simply disappeared). As I understand, ALL.MI will also arrive ...👍👍👍
It's a bit harsh to say that all Russian ICO is a scam, it just happens that a lot of the ICOs being released are from Russia and the surrounding countries. There are some good projects like WAVES, but it's good to be cautious. Sad for those that lost money on this. |
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It's a good idea but the game doesn't look like it has mass appeal, a little bit dated. If you add the ability to create armies and wage wars against other villages then we will have potentially a big winner here.
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ICO ratings help as part of the research process but it shouldn't be the only source of information that helps you to make a decision on whether or not to invest. Check for further info that is not presented like company data and then invest.
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The benefit of waiting until it hits the exchanges is that it will have proven to be a legitimate project. Some ICOs disappear part way through after taking their investors money. However ICO is a cheap price so you have to do a lot of research prior to investing
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