As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?
In my personal opinion, the challenges bitcoin is facing are security and instability. The current level of security of many wallets is not good when too many hackers to invade to rob the money of investors. For instability, the whales can take advantage of the opportunity to take advantage of bitcoin. making traders were trapped and they will pay dearly for the greed to see the market go up. |
|
|
|
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
I agree with you, bitcoin really very lack of regulation. Hackers and fraudsters can take advantage of this lack of bitcoin to cheat people. The law does not have a responsibility in the Crypto market, so this is a very bad omen of Crypto. I hope in the future the government will impose taxes on Crypto and protect the traders like us. |
|
|
|
Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.
This is a good strategy but it does not bring too much profit for you. With the amount of $ 4k, I could double that amount when investing in altcoin. Bitcoin is a safe investment choice and does not bring too much profit. I think you should invest in some potential altcoin in the future. Hold them until their price is twice the price you bought. That is a success in investing. |
|
|
|
I have seen many people say that Bitcoin will end governments.
But do we really want that?
And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
The government runs a country and bitcoin is just an electronic currency. It only allows people to transfer money faster with lower fees. In addition to that, bitcoin does not have any benefit. I think there are some people who worship the bitcoin too much, this has become very bad. We should not let this negative thought be spread widely.  |
|
|
|
According to CCN, Bitcoin prices will probably climb after April 17, when Tax Day in the United States is over. That’s what Fundstrat co-founder Tom Lee, a noted bitcoin bull, predicts.
If this is true then. Better buy some bitcoins now as long as is it low. Goodluck guys !
Source: @cryptomeren
EDITED
BULLISH RUN IS COMING AS THEY PREDICTED!
It was early for now ! Hope it will consistently pump 😁
That really happened. Market capitalization reached $ 420 billion just one week after April 17. But we should not believe too much in these predictions. I think this is a price increase has purpose. I think Soros has done this and the red market is coming. It will make many buyers at very high prices and suffer losses for a long time. |
|
|
|
When we will use cryptocurrencies ofr our everyday life?
I think that will not happen. Because money is only effective when dealing with money. It is only suitable for transferring money from one country to another with extremely low fees. This makes businesses happy because there is a technology that helps them reduce the cost of transferring money. daily bill for payment by Bitcoin is impossible because few people can accept its instability. |
|
|
|
In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.
As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.
yes, it is important for commercial use is that we need to handle things in mind. If you are an emotional investor, you will never get huge profits unless you're lucky. We can not rely too much on luck, rely on our own ability to make a lot of money. Be consistent with your decision in investing and trust it 100%, good results will come to you. |
|
|
|
Looks like this are turning around....what are you buying low?
I am holding quite a lot of NEO. I hope its price will be around $ 300 in the next 4 months. I have compiled a lot of news on recent days of NEO and predicted that after 4 months, NEO will increase more than 300% of the value. |
|
|
|
"Regardless, just because South Korea, China, the US and other countries can crush Bitcoin by issuing new regulations and influencing cryptocurrency prices, it doesn’t mean they can kill it". The above quote is from the research information I got when I was trying to find out why world government is fighting crypto. Please read the full text here: https://www.ccn.com/fighting-bitcoin-cryptocurrency-trading-threat-government-policies/ and make your own contributions. It will help cool the nerves from the crypto dip we are experiencing recently. Happy reading. Thanks I think that's just rumors because they do not have the ability to kill Crypto. This is a very large market and the market capitalization has increased to $ 400 billion. Governments that want to kill Crypto must go through a lot of people and agree. Because if they want to kill Crypto, they must inform investors before doing so. This is a difficult and fruitless process. |
|
|
|
Hi guys , I read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you should face , and its a win and win bet when you hold bitcoin . So knowing that some people selling their bitcoin I feel so sorry for them.
I have a lot of comments on this issue. But those who do not have the patience to hold are worthy of criticism. When we invest in anything, we need to trust and predict how much the price will increase. In addition, we need to take profits accurately to avoid capital losses. An investor needs a lot of knowledge about the trade. Those who do not know the trade will often fail. |
|
|
|
I want to know more about BTC but don't know where to start. Can you help me with this?
First you need to learn about crypto and some basic knowledge related to electronic money. Most importantly you should learn about Blockchain technology. It will give you more experience in trading. In addition, you should read a few more books on economics. You will have a better view of the Cryptocurrency market. |
|
|
|
Hello! Guys I am looking for coin under 1$ with some good Basics. maybe some coin that I can hold for 2 to 3 year. Am planning to add some more folios? All the suggestion are Open. I think you should invest in Credits. This is a good time to invest in Credits. The current price of CS is $ 0.5 and it is being used by many of their service users. CS trading speed is really amazing, its trading speed is the best until now. So holding for 2 years would be a very good idea. |
|
|
|
This is a good sign for the future development of bitcoin. Current market capitalization has reached $ 371 billion and the price of bitcoin is at $ 8k5. bitcoin will also increase in the future. I think the crypto market is recovering because of Soros's involvement in this market. So be careful when making investment decisions. |
|
|
|
I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  That was a wrong decision. Although the price of bitcoin is very low, you need to update the news daily to analyze other altcoins. We should not focus on just one altcoin. There are many other altcoins that can help you make more profit than bitcoin. |
|
|
|
How are you handling your portfolio? How much are risking in % of your portfolio in short term gain vs. Long term gain?
I usually invest long term instead of short term investment. Long-term investment brings a lot of profit and we do not have to spend too much time looking at the market. I usually spend four hours a day monitoring and analyzing the market. Then I would invest in a period of 4-5 months. The long term investment so I earn a lot of money. |
|
|
|
Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it
I think you should read more about investing and the basics to know about the Crypto market. Or you can join the signature campaign for more references on Crypto knowledge. You can go to different topics to learn about different areas, you will also get money from bounty campaigns.  |
|
|
|
Technical data hints that it can go down to 6000 or 5500 level.
What do you think?
That has happened once but the market is recovering and it is very unlikely. Instead of waiting for the price of bitcoin to fall to $ 5500-6000, I think you should trade. At any given time, there are opportunities to make a profit. So invest in times when the market goes down and do it many times. Your profits will increase a lot instead of waiting for bitcoin's price down. |
|
|
|
Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
Some people just know that the price of bitcoin will increase in the future, but that's just a guess. Investing in bitcoins is really risky and it is more fortunate than rational. Bitcoin is accepted as a fiat currency is very difficult. Because bitcoin is unmanaged, its value is dependent on the amount of investors. So its value is not clear and businesses can not use it. |
|
|
|
A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.
Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.
Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.
I appreciate your article. In my country there are many people who have lost money because of investing in crypto without knowledge. After spending a lot of money, they blamed Cryptocurrency for the fact that Bitcoins are bad currencies and can not last long. I'm really angry and despise people like that. We should know a rule, success is never easy to obtain. It is a long-term refinement of patience and hard work. Do you agree with me? |
|
|
|
Hello guys please can we share our view whether it is profitable to go for crypto-currency mining now or just hold till the price begins to gain it's upward trend!!! At the moment, mining will not be profitable for you when the market goes down dramatically. Even trading will not be profitable for traders. We should only buy and hold the money and wait for the market to go up. we can see now is the time for us to rest and focus on analyzing the potential future altcoins. |
|
|
|
|
Show Posts
