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I don't know, but we don't need a third party for P2P transactions, we usually do transactions through third parties, that's the benefit of traditional banks. In this case we can also secure our own wallet, as you said we don't need a bank just to secure the wallet. Maybe if there is a system of deposits and bank loans can be created, but loans and deposits in crypto must be accompanied by information and letters.
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I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?
Day trading will be profitable if you can trade. Profits or not it depends on how your expertise and knowledge in trading. To make it easier for you to not have to do technical analysis, I suggest you try arbitrage trading. Arbitrage requires you to do a fee simulation and calculate the profit value, this will increase your knowledge of the exchange platform and market volume. |
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Why sell bitcoin which has dominated the market for altcoin? I better hold bitcoin and buy altcoin with other funds without having to sell bitcoin. Bitcoin is like an asset that keeps creeping up in value. I see the potential of altcoin like BNB, XRP and tether, which I will buy later.
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We've all seen this phrase before: that the government and/or banks will more likely to create their own cryptocurrency, but what are the odds that they really will? How can we be sure that these two sectors will create their own coins eventually and will it even change the game if they do? If they did, will it not threaten bitcoins and altcoins because the common people who haven't heard of bitcoin before might choose to use these bank/government-created coins instead? Do we really need more coins?
Banks and the government adopt blockchain technology, maybe what you say is true. The government will definitely make their own digital currency, as did the Chinese state who want to make their own coins. The stable coin concept is more reliable for payment transactions than using fluctuating crypto. Inevitably it will surely threaten the current crypto market. |
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Certainly support from the government where we live. In the crypto world today, profit is important, we need a thought where we really support what is called digital currency and blockchain technology.
In other cases where governments can adopt blockchain technology. then by creating its own cryptocurrency as a payment tool. Because if the government still uses a decentral or global digital currency like bitcoin, this will be a conflict between the many countries that have adopted the technology blockchain.
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We have come across so many national currency becoming worthless and recently we have heard the news of barter system in Zimbabwe due to the fall in the value of national currency but what really makes the Fiat worthless? Is it corruption or war or national economical crisis? Or the National GDP which makes it fall?
Economic conditions do not match the money that has been printed. The case in Zimbabwe because their governments print a lot of paper money without looking at the economic sector they are facing. In my opinion the very impact on the decline in the value of fiat that may be of worthless is economic war or trade war. |
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What if all those big corporates and businesses starts using crypto as a mode of payment just to avoid tax which will cause a direct loss to the government which uses tax for the betterment of the country. This might not affect corrupt countries as it doesn't matter because tax money goes to politician's coffers but what about developed nations?
Developed countries certainly already have regulations regarding taxes. there are several ways that allow the government to tax users of crypto. For example working together with local exchangers that are usually used to exchange crypto to fiat. In my opinion as we know, that it is still not possible to use crypto for living expenses or to buy something. The impact of the use of crypto on the economic sector is not much as long as the government still requires the use of fiat. |
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Hi, >:(I'm new but I'm looking trusted site to buy. Please help me.  Thanks You can see here https://coinmarketcap.com/rankings/exchanges/ if you want a reputable exchanger to buy bitcoin. And for an easier transaction I would rather recommend binance and coinbase. My advice you must really understand why you want to dive into the world of crypto. |
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From what I know if we shift our funds to bitcoin in large amounts, it will actually have a bad impact on the altcoin market itself. I more agree that the new adoption, not a transfer of funds. During this time if the bitcoin market goes up, the altcoin market also goes up, that's because of the new adoption. We saw yesterday that adoption of the technology blockchain by China has influenced the new adoption of all cryptos.
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Because the market is influenced by large holders, including those who influence. I agree with you that if we buy bitcoin or invest crypto many things will come without our control. Considering this is a high risk, it is better not to worry about prices and more to worry about how you can survive in the crypto market.
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basically you make technical analysis, understanding crypto history every week. Here in my opinion the price of the floor changes with market changes, moreover the market is influenced by news and whales. Do to understand the ups and downs of prices is not just fundamental analysis. You must also understand market behavior.
BTW, you need a simple site design and onepage site. Onepage site is suitable to be a journey site.
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Quite simply put, all coins are worthless right now if crypto is the future of money. I was looking at the charts and if bitcoin were to rise to $100,000,000 (1 penny per satoshi) at ANY point, that is 20,000x the current price.
In other words, every penny you invest now turns into at least $200 at that point (even if your altcoin is only worth 1 satoshi/coin). Seems like they are worthless right now compared to what they could be.
The idea is that if you believe altcoins will be world money, why wouldn't you save up as much as you can?
Cryptocurrency can not be guessed, believing does not mean having to buy it without looking at the market, thinking more rationally in the face of the market. We will not know what will happen in the future of crypto, how much is it worth compared to now and how crypto will function. You say as if what you predicted would be true |
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Do you still hold coins and wait for them to grow?
I trade every day and make a profit. I can make a few in one day. For a month, it turns out about 100%
Why sit and hodl coin?
What if sit and hodl coins can produce 200% profit a month, why bother trading hard? Everyone has different skills and different wills. Most people who do holding are those who can't monitor the market every day, lots of other things to do. Conversely, people who trade every day are people who really make trading as a full-time job. |
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When I'm tired of trading, usually I look for a good mood, by doing things that I like. I also take frequent breaks, usually I watch movies that are light and make me laugh. With a good mood and a fresh brain, inspiration will come naturally
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Sure it's impossible to say but still... after yesterday hearing i really don't know what to think. Used to be sure Libra entry will boom the market once again but it looks like Libra's not coming shortly.
Is btc halving the most promising ''event'' we are looking forward to (at the moment)?
Bitcoin halving is awaited by many users, I think this will make bitcoin a bubble. One more bitcoin crawls up because of Xi's speech as president of China who will adopt blockchain technology. It seems true that to make bitcoin go up, well-known figures have to call for support for blockchain technology. |
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$10,000 is a big enough value to invest, I suggest not to try investing in a site that doesn't have a high name and rating. I tried searching for Suncoin and found 3 websites, the severity of the three was inaccessible and there was no clear information. Try to learn more about cryptocurrency, before investing you must know very well the crypto market.
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In that case panic sell is the worst. When a trader or investor panics when the value suddenly drops, and immediately sells their crypto. The nature of the investor or trader is very easy to manipulate. People who are easily manipulated are the worst people in my opinion.
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I am doing market research for a potential project.
If there was a website you could go to daily where you would earn anywhere from 1 cent - 10 cents worth of bitcoin just for clicking a button, would you do it?
No strings attached, no deposit required. You go to the website, push a button and 5 cents is deposited into your wallet. Would you go every day and do it, or is it not worth your time?
No matter how fast you send it to the wallet and easy terms, it will be useless if it gets little value. For me 5 cent/hour or 5cent/day of little value to do, there are still many other things that are more feasible. I think if you want to make a faucet website you have to increase the amount of reward. |
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Digital assets and goods assets, they have different benefits. Maybe in the concept they are equally valuable and have high selling points, it's just that they are in a different field. Actually I myself don't want to think of bitcoin as gold or replace it. Bitcoin is a currency not asset.
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According to the cause is indeed the announcement of Xi Jinpin adopting blockchain technology. This causes the market to get a lot of demand, after all the decline due to the US's intent to destroy libra. I did not expect the announcement of the adoption of blockchain globally by China, and the great thing was said by the president.
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