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I agree if say bitcoin is my saviors. When I got laid off from work so I made bitcoin an investment solution, I invested bitcoin about $500 a year ago when the price was $15400 and I got a big profit because i was able to sell it when the price was $36k last february, although sorry for not being patient but at that time I really needed money so I sold all the bitcoins.
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In my country there has been a pandemic for almost 2 years and it's been a year of lockdown, this has made the economy chaotic, many companies have closed their businesses because they reported bankruptcy, of course this makes unemployment so anyone affected by covid deserves our help and certainly gives motivation to get up again .
Almost the same as what happened in my country, there are many social restrictions that have an impact on the people's economy, many small restaurants are forced to close so they are unemployed, my country provides vaccine services but it seems the Covid cases are still not stopped. I hope the state immediately provides emergency assistance to the poor so they can survive. |
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good for you. however, to maximize your profits, you need to look at the state of the market. many people take the wrong step because they do not pay attention to the market. In fact, I've also been wrong many times. however, if you invest in something, make sure it has a low price, as well as a large volume. sometimes people don't pay attention to the market, sometimes they don't really know information about the volume of a coin.
Investing with low price conditions can only be obtained when a dump occurs, but no one knows when it will occur, we can only look at market conditions and predict whether a dump will occur in the near future or not, this makes it difficult to plan long-term investments. Today's market dropped more than 9% and I think now is a good time to buy, I will buy some altcoins like Binance, Stellar and TRON. Those of us who have been acquainted with crypto for a long time certainly think things like this are now commonplace, becoming a good opportunity to buy cheaply. |
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for now we may not be able to do this by paying using bitcoin because in my country bitcoin has not been adopted, but if bitcoin is well received it is not impossible that we will receive payments in the form of coins, other than we can receive it as a result of Bitcoin payments can also be used as a long-term investment
Bitcoin will be difficult to accept by the state because the state does not want to be bothered by complaints from crypto holders, if the state legalizes bitcoin then they will form a special team or ministry to handle bitcoin so that it can make the state budget increase, besides that the state does not benefit from using bitcoin so it is better only allow fiat currency. |
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I think it won't stabilize, but the movement of price will slowly move from some timeframe. What I'm looking forward to is the benefits we could get in the future; locals will show more interest as we see multiple platforms adopting bitcoin; of course, demands will be high so opportunities for holders will increase. Maybe there could be better alternatives in the future, but it won't happen very soon.
The initial concept of cryptocurrencies is decentralization so it will never be stable, of course there are benefits when the price is unstable because it gives profits when it goes up and can buy at a cheaper price when the market goes down, maybe when the market cap has reached 100x from now the price is more stable because it is impossible to exist a person or company that has the power of money to control prices. |
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People who hostile to bitcoin are those who haven't known bitcoin for long, most of them are new investors and try their luck with bitcoin, when the market goes down they panic so they think that bitcoin is a detrimental and dangerous investment.
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Do you hold any dead coins?
'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'
How should we manage dead coins?
There's nothing we can do with dead coins, we just hope they can wake up again so that it makes our money back, since 2016 I like to participate in ICOs even with small nominals of $20 or even less, until now have about 16 coins and tokens died, my mistake is not following regular updates from the exchanges where the coins die. |
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I suggest holding Ethereum and Cardano will continue to rise, for the ICO trend in September this is still a new project that looks promising, I've invested around $250 to participate in 4 ICOs, namely RigoBlock ICO, Eloncity, Koinomo and Lovely. I hope to get at least 10x profit before December.
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I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?
It is time to hold bitcoin because the attitude the bitcoin price is developing, show that the price is about to hit $100k soon. Since the price of BTC has gotten to $49k, show that anyone that have faith to hold right now will smile before the end of this month. As long as we still have money and there is an alternative income then hold bitcoin is the best thing, I'm sure that the market will continue to move positively so that with buy and hold we can get big profits, I'm sure if the price reaches $50k it will happen soon ATH again and the price will continue to rise. |
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Currently there are many options for making money online, in my opinion of all making money online the best are cryptocurrencies, even when we don't have money we can still make money by participating in airdrops and bounties, as long as we are diligent, nothing is difficult so while learning then we can make money from crypto.
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I agree that money can give happiness, but money can't buy happiness. for me personally, even though money is very important, but money is not everything. Money can be a measure of a person's happiness, but it is not the only factor.
It can be said that money is like the roof of the house, we can do any activity at home but it will not be comfortable because it is exposed to the hot sun or rain, without money we will never be calm and comfortable, because all things must be paid for with money, money and happiness is inseparable things. Indeed. Money is what we need for us to live just like buying food, creating houses and other things. It can give happiness because you can do whatever you want, you can buy anything with money except happiness. Money can't buy happiness because the things that bring long-term satisfaction and contentment cannot be bought. Money can bring pleasure, but it will eventually fade. Money and happiness is quite connected in our life since money is very helpful through financial and happiness gives us the feeling of being comfortable and being contented of what we have. Yes I agreed with your opinion both money and happiness are connected in our life both have their role in our daily lives.both have important role in our lives. Money and happiness are 2 things that are united and cannot be separated, this is because all the necessities of life from us waking up to sleeping again need money, it is impossible for people who do not have money to be happy, so that makes me have to always think about being able to make money. |
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Thanks guys for the advice and contributions. I’m already acting and making changes to my business model, also implemented some of the suggestions here. I feel good about myself and know I’m doing something great even though it may not be visible now. I will be in touch on this thread and promise to give updates on how my decision to accept Bitcoin as payment has affected my business. Expect a continuation thread in two or three months!
This is not a one day process mate and the effect cannot be predicted instantly , just continue your legacy and surely in time you'll take fruits from this offering . Remember that Bitcoin is the most promising digital currency in the whole world so what we are only waiting is the mass adoption and will see the benefits of all our effort in this market. those who are laughing on us will soon reminded that time will end and our turn is near to come. When we use bitcoin earlier we will be faster to achieve success, many people think that bitcoin can't be used for direct transactions, but we have a strong global community so we must give priority if there is a business related to bitcoin such as an online shop who accept bitcoin. |
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In investing we must always divide into many places, for now my investment portion is 24% bitcoin and 74% altcoins. if I buy bitcoin then I will make it for long-term investment (more than a year), because many companies continue to actively develop bitcoin then I really believe that the price of bitcoin can reach $100k this year, while I hold altcoins because I think altcoins are easier to get 100x profit in the short term (less than a year).
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Bitcoin is different from the traditional financial model, which brings more benefits and freedom to users. More investors will choose to invest or hold bitcoin for a long time. Bitcoin's price volatility provides holders with opportunities to obtain more profits, and its quantity supply is limited, and it will not cause currency depreciation due to excessive printing like traditional legal currencies.
Bitcoin's development is still in its early stages and its value will continue to rise over time and people's needs, it will have a lot of room for development in the future.
Exactly, developments will continue to improve as more and more large international companies adopt bitcoin, this will make the demand for bitcoins increase and the global community will also continue to grow so that the future will be bright, let's be part of the community that will change the world of transactions. Yes indeed with the development of the times many large companies began to be interested in Bitcoin, of course this is a good thing for the development of Bitcoin itself, Talking about cryptocurrencies, especially Bitcoin, I never doubt and from year to year will continue to grow Bitcoin is always a trend and interesting to always follow, I have always been actively following the development of bitcoin prices from 2015 when the price was $240, now the bitcoin market cap is more than $900 billion and makes us never hesitate to continue buying because the price will continue to skyrocket. |
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The popularity of Bitcoin is spreading day by day and people are leaning towards it. In particular, students are dropping out of school and concentrating on Bitcoin in a country The education system is deteriorating. So the student community needs to keep itself as far away from Bitcoin as possible.
I think this needs education and control from schools, bitcoin is a good thing and can be a profitable investment especially since it has been introduced since school, when they have graduated and see bitcoin balances and get big profits, schools must aim at real business so that there is a balance between bitcoin investment and real business. |
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Good for you. you are doing great at investing, consistent savings would give you a great profit in return.
Just consider your buying habit as your consistent savings commitment, not because you are worried that you are missing out on something.
True, this is similar to investing in mutual funds that we save regularly for 10 or 20 years then the value increases to 10x if we are patient, this is a good thing and I think we deserve to follow, successful people like this will smile because they get big profits. |
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I agree with you. There are tons of alternatives in the cryptocurrency market. For example, NFTs are highly in demand lately as far as I know. DeFi is a completely new technology in this market and you can check out the projects also. Maybe the risk seems to be higher because of the probability of getting hacked is higher (DAO hack e.g.). But risk is the nature of this market. And you can check out more than 10 thousand altcoins also rather than only preferring to invest into Bitcoin.
If there are people who think it is too late to buy bitcoin because it is expensive then there is an opportunity that is to choose more than 10k altcoins, all of them have the opportunity to get big profits, even 90% of my crypto assets are other than bitcoin because the opportunity for profit is higher than bitcoin. |
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It seems that the economic impact in Pakistan has nothing to do with helping the Taliban, because Pakistan itself is in economic crisis than before, in Afghanistan there are several countries that have helped the Taliban like Turkey, China and even the US, but they are not affected by their economy because they have helped Afghanistan or the Taliban
Pakistan certainly has an impact with Afghanistan after being controlled by the Taliban, they are 2 countries but there are many similarities in the population there, I hope Pakistan can play an active role in helping Afghanistan so that it can create better economic and political conditions than before. |
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anyone wants to be in that position because both being a co-owner and making a profit become a person that many people know, if I could wish for something I would also like to be one of the co-owners. Having a big central bank, and not only having your own financial freedom, is great, isn't it?
The central bank belongs to the government, maybe we can only be owners of private banks, but by owning a bank of course we must have large capital, this is the dream of many people so that by having a bank we can get profit and of course advance the economy of many people. |
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Isn't it obvious? Why would they want to embrace decentralized cryptocurrencies over their centralized currencies? That would cause them losses in several ways which is why they usually dislike cryptocurrencies.
On the other hand, many banks have openly embraced the technology behind cryptocurrencies like BTC which could help their improve their centralized currencies.
They could offer cryptocurrencies as alternate payment methods though if their governments permit them to do so.
Centralized cryptocurrencies are much more dangerous than decentralized ones, so your argument is not valid, as for losses due to volatility, I think this problem will be solved soon. My project confirms this. True, the best concept of cryptocurrencies is decentralization, if cryptocurrencies are centralized it will make those who have control easily control prices as they like, and this makes asset holders can be lost at any time without reason or violation, prices go up or down of course because of transactions in the market and this is transparent rather than a centralized concept. |
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