Look at into Xircus the presale still open and you can participated on presale, don't miss this big opportunity to get cheapest price on presale because when Xircus has been list on exchange the price will easyly increase more than 2 times, Xircus project will very usefull for NFT in the future.
unfortunately i am prefer use my money invest in major coins only , i didnt accept risk that may occur from this investment. at this moment i am trying accumulate my reward from bounty campaign . Xircus was good project as i know , they have potency to explode while NFT project trending. everything really depends on yourself, where we just choose an investment with a big risk or a smaller one. choosing a major altcoin will indeed provide security because it has a large capitalization, and in my current goal only BNB. On the other hand, if we dare to take risks, new projects are likely to have an astounding improvement |
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my country is a developing country, most of the sectors of work have been affected by the pandemic. the government in my country is trying to reduce their burden by providing cash and non-cash assistance. even many state projects were forced to stop because temporary budgets were used to help communities affected by the pandemic. but the problem has not been resolved because the distribution of the aid is very difficult to do.
Many of the countries initially provided cash handouts. Even here in India, there was a lot of support from the central government during initial months. But things changed later, as the government ran out of cash. On one hand, the expenses have increased due to the need to provide free vaccinations and treatment. And on the other hand, the tax revenue has plummeted, as a result of lockdowns and other restrictions. Even in the developed nations such as the United States, the government is now struggling to provide adequate support for the population. we really have to look from both sides, between the people and the government. on the government side they provide guidance and health protocols and vaccines, not to mention the medical place is full of patients, so many are involved and of course they are tired of all this. On the other hand, people find it difficult to find food, not to mention the fear of leaving the house because the virus can stick at any time, so many people have no income because their businesses are closed. therefore a mental boost is needed to restore their confidence |
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It's all about how much money you have and how much you want to have in future. People who live day by day and barely have enough to pay their bills will not think of alternative investments like btc. Those people will not think of investments at all, but when you're rich and see inflation eating up 5% of your wealth every year your perspective changes.
Precisely, rich people could think about another form of investment as they have money but for the poor people, it was not their priority. If I only have excess money in my pocket, I surely invest them but not only in BTC alone, I have also to start a business. Having multiple sources of income will be the way to uplift our living capabilities and have financial freedom in the future. for the purpose of life and the perspective between rich and poor is mostly different, rich people who have excess money will certainly try to develop their money by investing and one of them is from bitcoin, I think most of their points of view from pocket money do not develop, so how to make it the money grows. On the other hand, poor people whose main goal is to find money to be able to eat |
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even if bitcoin becomes popular bitcoin will still be bitcoin will not be able to change the position of illegal currency, be it USD or others.
but indeed for now bitcoin is still very unfriendly for beginners and it will be very difficult for beginners to really survive here if they are not serious in learning and doing research.
I think beginners actually contributed to the popularity of bitcoin to date. when a bullrun occurs, many investors are new players who are high speculators, so they don't think long about buying bitcoin, or even investors who just want to get large amounts of money in a short time. but unfortunately those who lack knowledge are greedy, until a big correction occurs, I'm sure many of them have actually made a profit, but are greedy |
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people nowadays tend to use digital currency ? what is it used for? I don't find people using digital currency except for digital assets only. even though today's technological developments are growing rapidly there are still few people who know digital currency.
Digital Currency is used for a wide variety of conveniences, either to avail or to pay for something. It could also be liquidated and be invested. I think you misunderstood cause cryptos is one kind of Digital Assets the same thing as any Digital Product used to reach people and earn a result. Bitcoin might not be mainstream, but the cashless transaction is relevant today. I think people use Digital Currency more than before. Relative to the number of people who own crypto, the amount of people using it as a currency is practically immeasurable. It's because the vast majority of people who bought into it because of they hype did so because they were trying to get rich. That means holding it for price appreciation, not spending it. considering the current conditions, digital transactions are indeed safer. actually bitcoin can answer the problem, but hit the problem of legality. until in the end bitcoin is only practically used as an investment or trade to make money, not as a means of payment. but at least during the pandemic, many people are familiar with bitcoin because of yesterday's hype people say if bitcoin will grow while pandemic attack us. i think, people will use this word because they just play on crypto. i never heard in my place if bitcoin help them as good as it can. and its not bad if user say if they still helped cause of bitcoin, im sure if there no effect give to user, unless they have anxiety on real life. When the pandemic and bitcoin grew, we admit that many new people in the crypto world were lucky, but besides that, many of them were frustrated. Those who are lucky will certainly adore bitcoin for changing their lives so suddenly. but despite the intervention of whales when a bullrun occurs, this is precisely what makes bitcoin more attractive with its fluctuations that are so pronounced |
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Bitcoin's price fluctuation is not entirely affected by technical indicators, it will also be affected by some social news.
When Musk declared to accept Bitcoin as payment, the price continued to rise and remained at that level for a long time. When negative news appeared, it was vulnerable to negative news and the price fell. Although the impact of these news on Bitcoin's price is temporary, these major events and the operations of some large companies will definitely have a huge impact on Bitcoin.
Public figures certainly have an influence but not significant, I'm sure when the price of bitcoin fell not because Elon Musk gave a negative opinion about bitcoin, but because many countries rejected bitcoin the big one of course was when the UK refused Binance to operate in the UK. For me, the impact of Whales is still there and significant, however volatile crypto prices are actually when compared to stocks in terms of price movements, there are 2 influencing factors, namely technical and fundamental. The negative issues given by the Whales will indirectly disturb the psychology of other investors, resulting in FOMO. If there are regulations that also burden the market at that time, it is a fundamental issue that will have a fatal impact on crypto. But the problem with Binance seems to be not only in the UK but in my own country it is banned and this is not a fundamental issue I think. Yes, the impacts of whales can be experienced over the market whenever there is some positive or negative statement from them. This is all because of being influential and holding a big volume of cryptocurrencies. Regulations from countries at present doesn't look more supportive to growth, because of the ban that is getting implemented over. if you look at it from another point of view, it is precisely with the whales that make positive or negative news that ultimately affects the movement of bitcoin, this is actually an interesting time to make money, because we know the crypto market until now cannot be separated from such events. |
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There are just too many reasons to why banks dislike bitcoin, firstly take not that bank is a regulated entity and won't love to work with an anonymous asset, secondly there are being fed with taught of bitcoin filled with many illicit activities like money laundering, illegal transfer of funds etc, just too many to mention but the early there get to see the importance of bitcoin the good for them, the fact here is bitcoin can be used for both good and bad, it all depends on the individual.
The negative interest that is always highlighted from bitcoin not being usable can actually also be overcome by the government. but it is a government regulation that cannot be violated so that banks still use the conventional method. Actually, even though anonymous can be seen, the last transaction to be converted to fiat money must have an identity listed, so I don't think it's purely anonymous either |
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I can say that it's good that you divide your investment, not all 15 years old can think of dividing their money to different investment. It's good to divide it because if one coin crash you still have some remaining coins that you can save you. But it's your investment for sure you have a reason why did you divide your investments.
in dividing the coin, it should be the largest part of the safest coin with the largest capitalization. and lastly we can use it on new altcoin investments which have a big risk, but can also provide a big return as well. therefore it is not difficult for beginners to invest in cryptocurrencies, especially bitcoin even though they have minimal knowledge |
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I think the "don't use the money you can't afford to lose" advice is also good for traders. Using a lot of money is one of the reasons why they got anxious pretty quickly, in addition to not using stop-loss or has trading discipline. If you know the money that you can use, risk management can be easier. After that, learning discipline is the next thing to do.
Well this I agree , why people can get anxious in trading . It turns out that the fact is that many traders use a lot of money and it is not theirs or borrowed money. This is one of the initial failures in my opinion. So even a little if it is private money is better than a lot of borrowed money. it can be a mental burden for a trader's psychology. it is different if the mentality of a businessman, even though the capital used comes from a loan, but because their mentality is already formed, this will not affect them. and I think this belongs to the speculators |
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thet think we need to prepare is trading skill. this is main and first thing when we decided to join in any finance market , dont ever enter when we did not have it. try and erros in trading skill will help us to get best trading system that suitable with our characteristic. each traders will have different system so dont ever duplicate it. and the second trained our mental and psychology so we will able to face the worst market condition in market. not much traders prepare this thing well and finally they got bad result.
once we have that knowledge, of course the choice of trading platform becomes influential to place our capital to be safe. there are many platforms, but for me the good ones are on binance. and after that we can trade according to the analysis and don't forget to correct each of our transactions so that this can be a correction in the future |
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depends tho! if you are buyign the dip during a downtrend you are just buying the dip before the next dip, make sure you are buying when price is uptrending so you are buyng the pullback before the next push. In this way you can maxinum your earning in smart way with alt.
Indeed, I think that method is very effective where we don't bet on altcoins, but follow the waves and enter the market when there is a correction, so we don't need long to wait for the market to rise again, because it's a bullish trend. especially for new altcoins, I think it will be even more risky, this way we don't be too greedy to come out when we are full enough |
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Well he can make his own coin anytime depends on him if he really want to. If he launched his own coin for sure the price would be explode because of course he is very influential person he has millions of followers so his coin would be successful..
but we also have to be careful because it can only explode for a few moments, and the rest is wasting action, which will be difficult to get back up later. We know what kind of person Elon Musk is, after previously many people were disappointed in him. but indeed he still has influence and the rest of the community is still relatively large |
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I think it's still safe. Tether coin which is in the top 10 and the current order of Tether is at no 4 CMC. Surely they will make sure if anything happens to the people who deposit funds with them. They can still be trusted in the market.
tether is a stable coin which has many uses. By seeing such a large and correct capitalization at the top of coinmarketcap, I think tether will remain safe, unless there will be big news that makes it difficult for tether, of course it can happen, and not only to tether but also to other coins. I think trust is still high, making tether safe as a stable coin |
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lets find, who get big profit between those people? stock investor or bitcoin investor. in a fact, two of them give happiness for people who do it and get what they want.
there are many people, new on crypto, invest in bitcoin, and hit by big profit for a month. and same accident come to stock investor with different situation. so, both of them get this thing.
yes, as long as you invest in the right cars and with trusted ones, everyone will be happy because both stocks and crypto can all be profitable and can be happy as long as what is invested can be trusted. and of course investors both in crypto and their stocks have already experienced profits if they invest properly and in their own way so there is no need to choose which one will be happier because both of them benefit and will certainly be equally happy right they are equally happy, where happiness comes from each other's heart. therefore let the heart choose to invest in crypto or stocks, so that if the work is based on happy days, it is possible to provide maximum profits. therefore we cannot force others to choose one according to our will, because what they feel may be different from ours |
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Of course yes. Because being rich we should be ready for any condition. Making investment while we rich, we should be have spare money for living, urgent situation, saving, and a lot of things and then we save rest for investment. If someone like me, when there are urgent situation i think i will sell my assets no matter in what price it is because i don't have any other options.
in contrast to those who are rich where other needs have been met, even investment is the rest of the money for the necessities of life, even they have prepared spare money in case something unexpected happens. Therefore, it is not surprising that they will find it easier to hold it for a long time, because their lives are already guaranteed |
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USSR dissolved in 70 years, but CCP now marks its tight grip for 72 years. Are we heading to the endgame of CCP? Maybe, because of covid. The problem with communism/socialism is always about the economy where the higher up corrupt as fuck enriching their inner circle, and the ordinary people remain poor (yes, 1st world countries also have corruption problem, BUT it's not as severe as China). Add it with no freedom of speech and stuff, including covid as the accelerant, literally will make suffering to the max.
Humans can break with a particular level of suffering, and once they break, the government will collapse.
The thing is.... the Chinese culture is so disciplined that they will not rise up to stop this. If things like this happened in Western countries, people will rebel against it and they will vote against the ruling party to remove their power, but this is sadly not happening in China.  Let's not forget that we are dealing with a country with the oldest civilization in the world.... they should be teaching us how to be successful and we should be learning from their mistakes.  I doubt if the CCP or their economy will collapse or end anytime soon. Indeed they had everything to be put in power as well as controlling their economy within their desired standards. Communism in China had raised their country at top position with respect to business, and integrity of their competition along with other countries who developed quality products. Though the underlying issues they're facing right now about the low paying job for their countrymen, leaked but no confirmation yet from their leaders because media can't scrutinize deeply due to no democracy. |
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That is a one-sided point of view in my opinion. Yes the cryptocurrency space shows that people desire for something that is different from what they are used to, which is first and foremost something that does not support quantitative easing and also raises capital mobility on the individual level, but we shouldn't forget that we are also all better off if we do indeed have some tools in place to get fraud under control as much as possible without sacrificing freedom at the individual level. I know that is a dilemma and it can never really be fully controlled for, but it is in our best interest to find the sweet spot. Crypto has its own set of problems that needs to be addressed.
The financial crisis does not always bring positive changes, for example in my country. The crisis in 1997 has saddened us to this day, the exchange rate of the Rupiah which was stable against the Dollar is now very low when compared to the Dollar. The hereditary state debt has become the biggest burden to date. However, currently crypto does not provide the alleged crisis potential because crypto does not use a qe policy. Everything is left to the market and if banks adopt crypto then people will realize that there is no need for a central bank anymore. Because the whole economic system is rotten today is the central bank everywhere. They are regulators as well as creators of chaos in the economy. I also feel that until now the usd dollar has felt very high in exchange value since the economic crisis in 1997. But also what makes it difficult for us is the economic system related to politics, and of course there are various interests that are not all devoted to the people. indeed it is different if crypto does not require a central bank which can actually cut operational costs, but again, the government is in charge of a regulation |
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Finally am happy seeing bitcoin at this current price after being so down for over two months now, price being so stagnant and makes trading so boring, but today we can see bitcoin showing a bullish trend already and everything is becoming green and I just hope the bullish trend becomes more stronger and keeps breaking higher prices, that's literally what everyone wants and I can say the bullish trend could Continue because of the good news coming in lately.
like there is new hope and a new spirit to seek opportunities. besides bitcoin, of course, we have other altcoins that we hope to pump, and starting with the increase in bitcoin, it is possible that altcoins will follow suit. on the other hand we also have to be careful because this could happen is a false increase which will later be able to go down even deeper. therefore we must keep trading safely |
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most likely a novice trader experiences a huge loss of money, even experienced people sometimes still experience losses, even though they do not run out of capital. therefore for beginners I think it is better to use free money according to their abilities, so that they are expected to be more emotionally calm and not easily panic sell, because that is the main cause of traders experiencing losses
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According to my experience in trading for the past few years, sometimes it also does not guarantee a person will be successful in trading,
it takes a long time, when a trader is losing money, even he knows he has to recover his capital in order to return and it takes time, even
to take profit after that, the crypto market is very unpredictable. Especially for those who are new to trading. Be Patience.
That's key there, patience and never to assume that high when you are still newbie, there are lots of flows to understand and with your willingness to work on with your knowledge, there's a good chance to earned from this market and lessen also the chance of losing your investment. while everyone is focused on the losses experienced by novice traders, here many of the traders who have been for years, but still experience losses too. indeed here we need patience to trade and recover losses little by little, so that when we have BEP, and after that we can profit consistently. |
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