I believe cryptocurrency as a whole and not just bitcoin will play a major role in our economy in the future especially in trade and industry. We started so many years back in barter system which is exchange of goods. then money came into picture, then time will come that bitcoin or crypto currency will be the major exchange to be used in the future.
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Controling your emotion is not easy as people think there will be a time you become greedy in your trade, I like the tips you mentioned above but always remember before entering in trading industry ask your self if you can do this, always make a risk management because not all the time your trade will win.
Yes, this is the common issue in trading, "emotion". Controlling emotions is one major factor to make it or break it in the trading business. But of course there are analytical factors that will help us in our decision but end of they day our emotion will play a major role on those decision. Best of luck to all traders out there.
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I'm not really sure how the marriage of banking industry will work because this two system is totally against its other. Bank is centralized and controlled while blockain is decentralized. If they could someway meet in between to have a much better result I think it would work. Let us see in the future how this thing will progress.
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Base on my experience, I had hard time identifying scam even after checking the background of founder, checking reviews, there website, medium and many other factors. Because in the end of the they, it's either a scam or a failed project. But looking on these factors will at least lessen your chance to get involved in scams. Good luck.
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I think before there are a lot of projects but a lot of them is just a flight by night project. What I notice in current market, there are fewer projects due to peoples lack of trust in crypto world. But I believe though there are fewer projects out there, they have better purpose.
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I believe that Altcoins will be used in many area in the future, may it be in health and wellness, properties, AI, information Technology and so on. This will serve as utility token to used services on these platsforms. I believe that this will help simplify our future transactions.
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It may. but who knows. even experts dont know the answer for that question. but we know we can het a bull market soon that hopefully hit our x10.
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The market has been pretty bear right now but i think that potential coins have a bigger chance to becoming the next Eth.
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It depends but dont invest all of it. because if there is an bear market and you need money for an emergency you will have none, so i recommend about 60% of your savings but it depends on how much it is.
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I agree on what you are saying because to be honest i think that invest ing in this market will give a opportunity of a lifetime.
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Cryptp for me is not a insta rich thing since 2017, because without any experiece with investing you are more likely to loose your money than actually gaining it.
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Lets hope that it will! but people still say that the market cant be trusted right now its like their predictions arent on point because of the manipulation also.
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For me to be honest i dont think KYC is required when it comes in ICOs unless you are a big and trusted project, because i think maybe they will steal your identity.
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Since when? in 2017 btc is the best investment out there. and now you are saying it's THE worst investment? so don't say that its a terrible investment. it changed so much lives last year and hopefully next month.
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I think both right now is a good time to buy it because its low and probably it will go higher with the news that btc will get regulated from the government.
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I haven't earn that much this year because of crypto just in a bear market. but ive also getting a bit of income in crypto this year to pay the bills etc. but of course its still not as large than last year.
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Crypto right now is low i know. but just think of it as a black firday sale that after this year we can hopefully get our ath that we've been waiting for almost a year again.
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Right now bitcoin for my prediction has 3k as it's nearest support and if i'm right then sell it right now then buy again because i can assure you that there will be a pull back after that.
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I don't think there is a reliable bounty. because i think if you will go to an bounty it will not be perfect. and there will be others that actually dont pay. so this is still a risk that you may lose you're valuable time.
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Last year investing at ICOs is my main job because back at the time ICOs is actually profitable and also mining. but now both had gone low profits this year but hopefully we get more next year.
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