I would say its a very diplomatic answer. The answer is not clear yet but I am still optimistic. We certainly don't know what kind of experiment they will do I hope they will consider all the aspects and will not make haste before coming to any conclusion about crypto coins. Till then we can just wait and watch and hope for the best.
Yes, because it is very unfortunate if it will be carried out, but of course it needs a thorough research and analysis before it will be implemented. but it is difficult to determine the direction to take. but looking at the experiences that have existed it seems unlikely that will happen, because if you look at this the diplomatic element is very high, because it is mixed up with the situation and the policies to be taken. I am very sure that there will be a solution and diplomacy. |
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I already sold some of my bitcoin at $55k  I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something. indeed the decision to sell is that there must be the courage to hope that there will be another opportunity to buy when it goes down, because bitcoin already become is a short-term investment. it seems that the trend is headed there by bitcoin. quickly go up and quickly down, with a fairly high difference, of course if you use that opportunity it will certainly be not bad. not all have the courage to make transactions like you do because with a high enough value it seems that the risk of losing is also thought of, even though we believe that bitcoin will increase again after the correction is made. lucky you can take advantage of that moment so that you get an advantage. I agree that analysis is necessary before taking the steps to be taken. |
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Yes it's positive but i suppose they are experimenting on the Blockchain and issuing their own CBDC And still banning other cryptocurrency? Not really sure too and i'm not and India Citizen but they politicians have same character as the Politicians in my country (Indonesia), From my own opinion they are just avoid criticism like some post before said? Well let's see, Really hope India Crypto Community can enjoy Crypto Legally like my country.
It is unfortunate that it has to happen like this, but we don't know what will happen in the future because we have to admit that India is a country that is fairly advanced technology, and has been recognized by the crypto world. they have known crypto for a long time and cannot be separated from this. We have to keep thinking positively that the Indian government is doing this already carefully thought out, whether the impact is beneficial or even detrimental. you can be sure that the crypto community there will not be lulled by silence for long and they will definitely get freedom again. because the impact will be clearly seen in the future after this runs. |
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people's decisions will always be different because of the needs that happened to him and his history of getting his bitcoins too. so maybe our assessment could not be objective, if he gets coins from the year 2018, there is nothing wrong with letting go and there is no need to be greedy because he has made a big profit. but if you get it with a high enough value it is better to hold back because the possibility of increasing will continue to occur.
all decisions of course who can know are yourself who have bitcoin, we only provide suggestions and opinions that might be useful.
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5 btc can be used as security in the future. for me, the amount of BTC is able to be used for positive things. especially the use in my country btc is still for trading, so when you have 5 btc and use it for trading you can have multiple profits in the future
I think it's natural because your intention will be used partly to make trades which also require large fees, but there are indeed other alternatives that can also be done besides trading in crypto, of course. because there are many ways but it depends on our abilities too. 5 btc at the present value equals to 248,300$ which is quite a big amount for many people and as the bitcoin prices increases over the years, i think only 1 bitcoin will be enough to live a luxurious life. It really depends upon the price of the bitcoin at that particular time and also in which part of the world you are living.
we cannot equate the existing value of money with what might be experienced from each individual, indeed the value of 5 BTC that you say is very large, but we do not know whether for him the value is appropriate to be used for further work that he wants. do, after all the needs of people are certainly very different and we can not equate with our situation. for me, with a life situation like now which is already difficult, the value of money is not like a big value anymore because the needs are also increasing and expensive. sometimes i have to find a loan so that what we do can work. |
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Really appreciate what you have done, for me a person with a smoking habit just to change not to smoke is already an achievement in itself. but this is more than an achievement but it is a motivation for everyone that if there is an intention it can be done.
in installments from deposits to buy cigarettes and turn them into bitcoin is a very rare thing that can be done without the right intention to make changes. Seeing the results that I have recently saluted, how about a year or at least every halving period.
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Yes it could but it needs to be handled properly just like money.
I think every type of currency or investment could make a person's life better only if you could manage or handle them properly.
Without proper managing of your asset you couldn't make your life better just look at some successful people who got lost because of their addiction.
maybe it is certain that the answer will be the same as the friend above, obviously it is very possible. but all ultimately returned to the personal of each person, because the way it is clear from one another will be different ways of disclosing it. the smart ones will obviously invest in bitcoin again, or maybe with others it just depends on the skills they have. Bitcoin investment continues to be profitable and there is no harm in continuing to invest in bitcoin because bitcoin continues to increase, it's never too late if you want to invest. remember that patience and not panic quickly must be able to uncover every investment in bitcoin. |
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Still now, bitcoin is not able to take place of fiat currency. We need fiat currency in our daily life. Most of the people are unaware of bitcoin. But we are not in the ancient world. We need to use digital currency like bitcoin for our betterment.
actually during this pandemic there has been a lot of digital money growing in every country which is held by private companies, but that is only limited to a very limited scope and applies in the countries that make it. different from crypto with bitcoin which can be between countries without time limits and any circumstances as long as there is an internet network. but there are still many who really need paper money (fiat) for manual transactions and it cannot be replaced with bitcoin for sure. so that there will never be a change in the use of banknotes that will continue to run. better is complementary and mutual need and support between fiat and bitcoin, because let it run with their respective systems. |
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It seems that the analysis made in terms of price is as difficult as it might be ($ 589, what is the price of bitcoin later), and added with a date that will never exist (since when is February 30th). then we can conclude what is being said is just a hallucination / conversation without the need for great analysis and the influence of big people anymore.
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Well, I think you can't protect yourself in this situation. BTC price volatility is jumping through thousands. Maybe you will have more grains if you will make bigger interval between buy/sell orders but no one can guarantee you that price will go down and down instead of up and vice versa.
with an uncontrollable increase because it is indeed a fast movement, one must be prepared that what is going to be done is full of high risk. if you don't know and want to take a high risk, it's better not to continue. in fact, if you can anticipate the fast up and down movement, even though the difference may be quite large and it can be done with careful consideration, it will be profitable, but it can also be detrimental. the important thing is if it is decreasing as long as you want to be patient and not panic, then you have to be patient to wait for it to increase again so that it is time for execution, then it works well. |
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Taking a loan with having that kind of reasoning to banks? For sure you would really be getting 101% decline with that because knowing banks do really hate crypto
and as a side note it wouldn't show stable income with that and since these institutions are really meticulous then its no surprise for such decline.
Using up your savings will be your last resort but doesn't mean that you would need to risk it out all because nothing is assured when it comes to crypto investment.
You wouldn't know on when it would pump and when it would crash which would neither result on having gains or simply a loss.
Borrowing for crypto is definitely not something I would best agree with, let alone a loan to a bank. Besides, we really believe that what we will do can certainly return or get benefits. so that you can return the loan not to be a burden in the future. because a loan to a bank will be the best alternative if we believe in it and there is no other alternative, because maybe we don't have cash funds. true, that is not a strange thing anymore and we ourselves know that crypto is very unstable and difficult to predict its movements. but if you are sure of the analysis that has been obtained based on your experience, there is clearly nothing wrong with investing in crypto. because it is clear that until now crypto is still a profitable investment. |
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Very interesting topic, I knew the world of crypto about 8 years ago, I was immediately passionate about mining and what was behind it, it was very nice because it seemed to me a very innovative thing with huge potential in the future. Over time, however, I have accumulated many regrets for wrong choices and unfortunately also scams from two old exchanges no longer exist. Im always hoping for some satisfaction though, cryptos are unpredictable  It is true that crypto is very difficult to predict what will happen, it seems that not only have you known the crypto world for a long time, maybe there are also many others, I myself am still relatively new to crypto, started active in 2018 so it's not like you who have known it for a long time. When it comes to potential, I don't think anyone can fool themselves, that crypto is very advanced and fun. but if you say about mining I myself am not active in things like you. so maybe you might be disappointed with what happened, especially fraud committed by exchanges anywhere because of an unexpected error. but hopefully you are not discouraged to continue pursuing the target because crypto is now excited. |
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Honestly, speaking in the previous Years, I doubt that the Bitcoin price will touch up to $30K, and I'm thinking that $20K is the highest price ever that Bitcoin can attain. And my reason is simple it's already expensive to acquire that most of the users cannot afford to buy it. But I was wrong because it has already breached the $56K price level thats why I convince that the Bitcoin price increases are always possible and the $100K per Bitcoin at the end of the year 2021 is very likely to happen because Bitcoin price today is already halfway with that speculated amount.
your opinion that bitcoin will hit $ 100K by the end of the year may be sooner than expected. because last year the sharp increase created ATH, of course, because @elonmusk and its Tesla company bought up bitcoins. There is a possibility that other companies will also follow, maybe even brokers and @elonmusk fans, which we know that @elonmusk's followers are enormous. this year is actually the Halving effect that will occur, but it has been made to move earlier than last year's @elonmusk effect and is still moving until now, where the beginning of the year should be a correction, but it happened very quickly and continues to increase. currently bitcoin has stabilized in the desired range before increasing from the halving effect. |
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I have such feelings too for those who because of their impediment can not freely involve in crypto and bitcoin investment especially the blind. I do believe that with time it may become possible for them to read through roadmap just as the blind study and have certificate in their study area.
With technological advances, it is certain that all will be accommodated, anyone who wants to participate in investing in the crypto field. because technology will follow and include all components that really want to join without restrictions, including as you say, the visually impaired. but it does take time to create all of them, because we know in crypto there are so many scammers hanging around who will clearly break their own good intentions. |
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Who would've thought that the world's top richest man in the world known as Elon Musk was now a part of the community and now was already an investor of cryptocurrency? He is indeed an influential man that whatsoever he would going to shill will definitely goes trending and yeah, the soaring of DOGE was a living proof about it. It's just hard to read between the lines if his intention of shilling DOGE was a to seriously promoting it or he did it for meme only.
It looks like what @elonmusk does with doge is different from what is given to bitcoin, because it's clear that the company buys it. but it looks like he just said he was going to buy Doge coins if the whale wanted to release his coins, obviously this is certainly a trick as a businessman, because if there are lots of Doge coins in the market then @elonmusk will be able to take advantage at a definitely low price. but not given so now the doge looks like it's starting to fall back down. |
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Binance coin may go to the price you mentioned but it takes a very long process and of course requires very strong support to make the price go up, stay calm and don't sell at a low price open a sell order at the price you stated, so when the price suddenly rose you did not miss the moment.
but it must be remembered that in crypto the possibility could happen and that has been proven by some altcoins that are not in the top ranking list but now it can be done. ATH has also been formed by BNB in the range of $ 339.94. so it could be proven that even though it looks true, you say you need hard work from BNB. but there is still a chance because it is still until the end of this year that altcoins will continue to increase. |
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Individual investors fail because of their lack of knowledge and experience. It will change if they spend time to read the past history of bitcoin, cycles and how price was manipulated by news. They will understand better about bitcoin if they care about and step up to read and learn.
With better knowledge, they will have bigger belief and reduce their unreasonable panic sellings.
Institutional investors succeed as they have better knowledge and solid belief in bitcoin and they are more confident with their investment. Big or small capital does not make sense as your entry and exit price will make up your profits or losses.
I really agree with you about people having to understand more and experience better knowledge, because someone fails because they are lazy to receive updated information that allows them to understand the current situation. Likewise, about the development of bitcoin, we know that bitcoin is very unpredictable by the way it works, but from the experience we have, we can understand the flow of bitcoin habits itself. but to be more precise individual investors still don't understand, but now they are also getting smarter and many are starting to keep up with developments, although it is clearly different from institutional investors who are indeed jobs that have been involved for a long time. they will clearly better understand the state of bitcoin when to buy and when to sell so they can make a profit. |
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Experience and determination are the most important things in trading compared to just talking a lot, just wanting to know from other people the way, so it's wrong, still we have to have experience and failure to reach a pattern point that is understood in trading because I know everyone is different opinion in market analysis at their desired condition.
Even though I studied myself how to trade profitably, there must still be a disciplined pattern, that's where it must be understood and greed can also make us misstep when any move there must be a target so stop losses are ready when the market is bearish.
I am pleased with what you say about the experience and failure to achieve an understandable point pattern in trading. In fact, I really underline about failure, usually people who learn from the beginning and experience failure will make it even more resilient in the future. the experience of failure will make us better prepared not to fall a second time into the same error hole. that's where the ethics of learning is so that we get to know the abilities that exist in ourselves. Patience and discipline to continue to be applied in every step of what we will do and do not be too greedy with what has been obtained because greed can also blind yourself to the situation. learning will never stop to strengthen self-confidence. |
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Yes, it can go below $40k to $20k before it will hit $60k for many customers who has been expecting the price to decrease for them to buy and hold for future profit, not to miss the opportunity. According to some researchers bitcoin and other cryptocurrencies price always decrease in the month of March, to show some signs either to decrease more or about to increase higher in the market.
It looks like what you are saying might be the desire of many people to finally be able to buy bitcoin when it drops . but it seems difficult for now bitcoin will reach $ 20K even though in crypto it could happen. but when bitcoin at the beginning of febuary drastically decreases it can come back quickly to increase which indicates that bitcoin does not want to linger at a low price and it feels at home being valued at this time. So in fact, if you want to invest, the most important thing is not to be afraid that bitcoin will increase sharply and will make your investment pay off at any time.
do not need to hesitate and fear the important thing you need patience to see the situation. |
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