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681  Economy / Economics / Re: Why do most cryptocurrencies rise and fall together? on: August 03, 2021, 03:01:02 PM
Thats called market. In crypto almost every currency depends on bitcoin price and movements
What's the explanation about it though? Why call it a market? Also, not all cryptocurrency depends on bitcoin prices because some have changed their dependency. The reason I think why these kind of thing happens in the market is because of the constant increase in flow of the market.

Crypto trends continue to change, currently crypto does not depend on bitcoin because of the presence of stable coins such as USDC, USDT and so on, even bitcoin transaction volume is only 50% compared to USDT.
682  Economy / Economics / Re: Not just money but oil is most important in the World on: July 28, 2021, 01:48:57 PM
Oil along with money is very important to improve the economy of the country oil is used in many daily activities of human beings fuel oil plays an important role in world politics countries that fuel the united states have doubled their oil production but now it is doing less. The main reason for this is that the united states has found large reserves of oil stored in shale wells.

Oil has made many countries invade other countries, it cannot be denied because the need for oil is life for humans, almost all economic activities always require oil so it is natural that oil is the world's first need.
683  Economy / Economics / Re: The first rule of investing is saving on: July 28, 2021, 01:44:58 PM
If you only save though, it wouldn't help because if you are a conventional type of saving then you aren't protected against inflation, on the other hand, I think that saving money on banks and slowly investing money at the same time is a much better idea.

When investing, of course we need our financial security, it's too risky to invest in bitcoin when our finances are only enough for a month's needs, if we calculate the need is enough for a year and we invest in bitcoin then it will make us not panic when the price drops.
684  Economy / Economics / Re: Will some companies like Amazon really 'store' Bitcoins? on: July 28, 2021, 01:42:40 PM
Since they may only accept bitcoin and not invest into bitcoin, the most probable answer is that they won't hold/store bitcoin.
So they may only help users pay with bitcoin if they want to, but at the end of the day they may just receive fiat.

Their goal is only to provide convenience to consumers so that the purchase volume increases. Maybe they are worried about bitcoin price movements which are like a roller coaster, financially of course they are more happy with small but sure profits than bitcoin investments that have a risk of loss.
685  Bitcoin / Bitcoin Discussion / Re: What happens to the coins after your death ? on: July 27, 2021, 06:15:17 AM
I have a friend and my all password are with my that friend because whenever i lost it and after me he will manage all of my coins and all of the trading. That will be an interesting topic ahead. So, i will give it all to my friend.

When your friend knows all your assets of course he hopes you die soon, if he is your family member of course this is not a problem, but if he is someone else then rest assured he can steal your assets anytime, because people are easily blind because of money.
686  Bitcoin / Bitcoin Discussion / Re: Will everyone still believe in Elon Musk? on: July 27, 2021, 06:12:06 AM
Elon Musk has his own privilege to say everything he want including Bitcoin. I think it is how we react to what he said is matter the most. We can think and get inside from his tweeted. Also importantly don't blame him for what happen with bitcoin price especially when the price is dropping.

Right, Elon Musk and anyone is free to have an opinion about bitcoin, the most important thing is our response towards what he says, the global bitcoin community is very strong, bitcoin will be like this with or without Elon Musk.
687  Bitcoin / Bitcoin Discussion / Re: Mining vs Holding on: July 27, 2021, 06:09:05 AM
These are two things that are very difficult for us to separate whether you choose to hold or mine, but for me I would prefer to be patient to hold bitcoin for a long time, because it is very reasonable for us to do considering the crypto world is a long-term investment. long and if you have extra patience in doing business this will be a very profitable thing for us to do in the world of cryptocurrency, in that way maybe we will get a little profit in mining

Exactly, mining is currently very difficult because the competition in the pool is very tight, it takes very high specifications to profit in mining, the easiest thing to profit in my opinion is buy and hold, I have proven that holding for the long term is the best strategy for profit.
688  Economy / Speculation / Re: Buy the DIP, and HODL! on: July 21, 2021, 02:49:03 PM
Yeah, it's one of the most logical things to do in this market. We just buy the amount we want when we get a really good chance and start HODLing. But I don't mean that we should HODL forever. We should set some goals for us and sell some amount of our profits when we reach them.

Bitcoin's performance is unquestionable, when the market dips then this is the best opportunity to buy and hold because sooner or later the price will skyrocket again. the key to success in bitcoin investing is buy, hold and then be patient.
689  Economy / Speculation / Re: 22 july, BTC 20k$ or 70k$? on: July 21, 2021, 02:43:56 PM
For now, bitcoin continues in an uptrend. But I think bitcoin will test the $20,000 levels this summer. If it can catch a hard exit from the twenty thousand levels, it can really reach the seventy thousand band in a few months.

Now bitcoin about $31k, I sure $20k never happen in this year.
Market conditions that have continued to be red since May made us have to wait even longer to see the price of $70k, I last bought bitcoin at a price of $33k a few days ago, I'm optimistic the market will recover soon and pass the highest position ever.
690  Bitcoin / Bitcoin Discussion / Re: Why some millionaires hate Bitcoin? on: July 20, 2021, 03:42:41 AM
People from government, as Donald Trump, hate Bitcoin because it can limit their monetary police influence.

Rich people don't like Bitcoin becuase they don't understand it, and that's why they distrust bitcoin and its exponential growth.



Most people who hate bitcoin for fear of their wealth decreasing, they are comfortable with the current situation so they don't want to try new things, bitcoin is decentralized so they worry if the price drops their wealth will be lost.
691  Bitcoin / Bitcoin Discussion / Re: How did you first hear about Bitcoin? on: July 20, 2021, 03:39:38 AM
I heard about bitcoin since 2013, when there was news of someone mining bitcoin because the price went up by more than $ 1000 so he could earn up to $ 1 million per month, at that time I was interested in bitcoin moreover it was still easy to earn via faucets, unfortunately I didn't focus so I left bitcoins.
692  Bitcoin / Bitcoin Discussion / Re: why more women to trade crypto? on: July 20, 2021, 03:35:40 AM
In the crypto market, there are indeed fewer women than men. I don't think it is necessary to care too much about this. Whoever is interested in cryptocurrency will take the initiative to pay attention to the market. This can only show that men are more interested in this aspect, but now I feel that some female players are slowly entering the encryption field, welcome to join.

Most women don't want new things, they are always comfortable with the old system, crypto is a new thing let alone a lot of negative news about bitcoin so it makes them wary of bitcoin. and now a lot of balanced information that makes them into crypto.
693  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is the Best coin in 2021 on: July 14, 2021, 04:19:30 PM
Hello Guys, can you tell me which is the best coin in 2021 to take maximum profit and gain?? Plz give your opinion
.


After seeing the market continue to fall as it is now, I focus on short-term even daily profits, and I will analyze with cryptocurrency ranking sites like Coinecko, if the chart continues to increase then I will buy it immediately.
694  Alternate cryptocurrencies / Altcoin Discussion / Re: Scam Projects and Bounty . Way forward?? on: July 14, 2021, 04:17:23 PM
So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

Scam projects always appear, this can't be prevented because they always find a way to scam, the thing we can do is follow the advice from various sources especially in this forum.
695  Alternate cryptocurrencies / Altcoin Discussion / Re: why some are still loosing money in crypto on: July 14, 2021, 04:14:16 PM
Because they did not do any research, they bought and sold coins based on their instincts and bought coins with a few well-known people. Never understood the trend.


Don't put all your trust on celebrity tweets. If the cryptocurrency continues to be profitable, you will not be able to learn the lesson of failure by investing in the cryptocurrency, but do research to gain luck before investing in each token. Don't believe in luck. Learn from every failure.

Mostly because of instinct, as long as they believe, then when someone warns of a scam they don't believe it, especially the role of a public figure who can hypnotize their fans, and I've been hit by a scam project and since then I don't invest anymore.
696  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this a bad time for altcoins? on: July 13, 2021, 08:17:23 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
It's a common thing in the friends market. Right now we can't say bad times for Altcoins. Every investor would be interested in such a project. Because in my opinion, investors only see how a project carries out a marketing strategy.

For investors who think long term, of course, they will be patient and not panic with red market conditions, but investors who think short term, of course, just want profit, they don't care about marketing strategies.
697  Alternate cryptocurrencies / Altcoin Discussion / Re: Would you "swap" your crypto for a Tesla? on: July 13, 2021, 08:14:21 AM
Hello everyone!

So with the hype around crypto that Elon Musk is creating and with the news about possibility of acquisition of any Tesla car with crypto, comes my question:
Would you buy a Tesla with BTC or ETH? Aren't we going to regret it? In future, will this turn to an event similar to "Bitcoin Pizza Day" where people will be sayin that someone spend a whole BTC or 10 ETH for a car Huh?

This is like gambling, even though it has a good reputation but when it enters the market it is not easy to convince investors to swap to Tesla, it is safer if I keep btc and ethereum for the long term because it has proven profitable coins.
698  Alternate cryptocurrencies / Altcoin Discussion / Re: The right time is now! on: July 13, 2021, 08:11:39 AM
I think the right time is now for those who invested from last year since ethereum and bitcoin not yet risen up their market value and from now they would've get much more profit out of its increasing price. But if you plan just for now, maybe you could also get profit but the risk is big since after bitcoin and ethereum coin reached it's peak prices, now they decrease a little bit or i might say going to decrease now.

Well, now is the right time to invest immediately because the price is still cheap. I often hear comments saying they are late buying bitcoin and ethereum when the bitcoin price is $60k, they have a target if the price is below $50k they will buy a lot, but after that happens they are also still waiting.
699  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Altcoins replace Bitcoin?!?!? on: July 07, 2021, 04:34:00 AM
Will the rise of altcoins eventually lead to the demise of Bitcoin? Ultimately Bitcoin has been tested and it has a place in the crypto world. Join our  discord https://discord.gg/pp7Jwsp9 for further discussions about this topic. Tell me what you think?
I hope it happens soon, I think bitcoin has dominated the market for too long, if it is replaced with altcoins it will certainly make all projects excited to be number #1. Altcoins like Ethereum, Cardano, Ripple and TRON are coins that I think are worthy of replacing bitcoin.
700  Alternate cryptocurrencies / Altcoin Discussion / Re: Still thinks that crypto is manipulation free? on: July 07, 2021, 04:30:54 AM
It's not the right time to start buying crypto coins right now because the next chapter for crypto with be filled with lots of bad news just to pull crypto value down and down so that they can buy for way cheaper price, who are they anyways? We'll figure that out yourself, bear market is 💯 real and it's coming, be prepared for more bad news

The bad news about crypto has been massively happening in various media, if you look at the news on CNN News, CNBC News and so on you will see that almost all sources say cryptocurrencies have no future, money laundering, used for illegal transactions and many other bad news.
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