to be less greedy is the most important lesson I have learned during one year of trading, however this was an expensive lesson to me as I have experienced big losses buy indeed it is a good lesson.
Greedy is a human nature that is difficult to set. sometimes greedy can bring profit but also loss. but most often it is a loss because you will often miss the opportunity to sell. because you think you can get a better chance. try to learn to manage that trait |
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for those that still actually think that bitcoin is going to be the monopolistic future world currencythis is how it will look like, marketing slogan looks also familiar with the mindset of many bitcoin supporters.  I think this's too excessive if it's illustrated in such a way so many people will think, that bitcoin will become something or a terrible currency for the world. Well that's all your right in appreciating your opinion about this bitcoin currency. But I want to ask, on which side do you stand? ... First I don't think that the world like that picture will happen where the world will be damaged and destroyed. then only thing bitcoin is the only world currency. I don't think that happened. world balance will be maintained. and fiat will still be used. and bitcoin will only be an option |
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I think because people are greedy and always try to earn as much as possible and easier. Crypto currency has become a gift for those who are able to manage such markets. Many sold their cars, apartments, and lost huge money because of the crypto currency!
the high price makes many people aim for it. even more so when they see the development of bitcoin prices from having a low price to a high price. of course it will cause conversation everywhere. Yeah the first time in 2012 when prices skyrocketed. it increased many times to $1200. almost every news broadcast about bitcoin. and then prices go back up to thousands of percent to $19k and this is what makes the world go crazy because of price changes that bring many users in |
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It is quite difficult to convince people, especially when they are skeptical about bitcoin. I prefer just to show my results, and let people draw their own conclusions.
Yeah it's the simplest but the most effective way to change one's perspective on bitcoin. because that's what my friend did to me. before I was not so interested in online business let alone bitcoin. when my friend did a showoff by showing the benefits he got. everything changes my view on bitcoin |
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I have a strong believe that Bitcoin will surpass the value of gold. Day by day Bitcoin is considered as the future asset so many countries along with their people are collecting Bitcoin for the future saving. If Bitcoin will be listed to the ETF then it will cross another milestone. So let's wait and see what will happen in the future.
As time goes by and technology is progressing. of course the form of investment will be more advanced as well. bitcoin which has good innovation in finance has great potential to be used by many people. so there will be many people who think that bitcoin investment will be very profitable. and it is very possible that gold investors will turn to bitcoin |
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You should start airdrop vs bounty. Then ICO, Hold. You must try your best
if you don't have the capital to start maybe you can try bounty and airdrop. it will give you a good starting capital. so you can start to invest in ico or trade. but I am more likely to choose trading. because it is more profitable to me |
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There are many reasons on why the market is falling down and the reason why not to be afraid is we know that the market will recover again we need to believe and be patience this is the key here in crypto wordl.
Yeah there are many reasons why prices go down and mostly because users panic when prices rise for example. a few days ago the price had jumped quite high so I was sure there were many people selling their coins. so that the price decreases. why should you stay calm because usually such prices will bounce |
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I have very little experience in trading, so I am grateful to everyone who shared information, I will try, I try different strategies, but has not yet brought something special for myself! I watch videos in YouTube on this topic, try it, there are many recommendations!
Experience gives you many lessons such as calm in dealing with a problem, decreasing prices and so on. if you don't have much experience. Don't worry you should always learning and trying. As time goes by you will be more expert and experienced |
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It might have been better if each country instead of each individual will own their cryptocurrency. Why does no one ever think of that.
It affect the market a little but at the same time adapts tonthe future of crypto.
If each individual will when a currency there will be q lot of trash around and the value of "crypto" will be lessen.
Lol, I think this is a stupid question. the rate of the currency will depend on demand as well. if everyone has own currency what about the rate and you are right of course there will be lots of trash everywhere. it is impossible to happen. currencies will be in every country and it's already a good system |
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Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.
I hope so as well. But all things are possible. Yeah before we had experienced a decline to that price. and now the price has recovered and had exceeded the price of $8k and then back down. I think anything could possibly happen. but I think that the price will go up again and maybe it will reach $ 10 k again soon |
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I make sure I lock my devices if I ever leave it's sight. I don't like leaving all my coins in one wallet, exchange or paper wallet. I like to keep them in different places in case one of them gets jeopardize. I do have a hardware wallet that I use for my main wallet and that doesn't ever leave my side. I always make sure I have my belongings with me everytime I go somewhere.
Storing bitcoin in many wallets will also minimize risk, and make sure you have a different password in each account to make it more secure, I myself use that method, and add 2fa to each account, the result is I've never been stolen |
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How sure are you bitcoin will not die. There are so many people who are against bitcoin. And they want bitcoin to die. But we all want bitcoin to last for a very long time.
I don't think that there are many people against bitcoin, maybe only the government or competitors want bitcoin to die, while there are tens of millions of bitcoin users who hope bitcoin is alive and there are many more potential users who are interested in bitcoin |
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People view on cryptos and Bitcoin has changed
I read, 80% of the coins being dumped now are from long term holders, they want OUT!
Now there are 105,000,000 less visitors at coinbase. Google search for Bitcoin has fallen by -80%
changing people's view about the crypto world is quite difficult. As the government were against it and at the same time we need access to media and government for the people to understand crypto. Changing the public viee would take time and effort. Yeah the government has a big influence on the views of the people about bitcoin. if the government continues to give negative news about bitcoin. it will be increasingly difficult for us to change their perspective on bitcoin. we must befriend to the government first |
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ETH is good altcoin because many project ICO base on Ethereum platform, so this case will increase the demand
Thats right because ico project will always run then Ethereum paltform will always be used by developers and users. because ico project will always run. although there are other competitors such as plaform waves. but it seems the user prefers eth platform. thats why demand will always be there. |
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What I enjoy today is incredible to change lives, and I can use it as an additional business capital and I also invest some BTC to get long term funds. I think it's like an online business, but the difference is only with various forms and exchange rates it will make it easier for Bitcoin users...
Yes i agree, Bitcoin is a kind of online business because considering the fact that we earn money from here and at the same time we invested money for this. Since business requires some form of investment and that's what I'm doing with bitcoin, I invest money and gain profit income. Bitcoin will always be as it is today. used for many things. such as business, investment, currency, payment methods and so on. bitcoin function will not change. after all the bitcoin function will always be different. depends on the user himself right |
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Everything about bitcoin regarding that matter is still uncertain beforehand. Though there's a chance it can be widely used but it doesn't seems totally realistic if the basis was 10 years from now.
maybe yes maybe no. because we don't know how many total bitcoin users actually are today. bitcoin has been in existence for nine years and the total marketcap reaches hundreds of billions dollars. maybe when the next 10 years can be 2 times or more. lets wait and see |
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The knowledge of cryptocurrency is growing everyday but the growth of the knowledge of cryptocurrency is a slow but steady one in world as a whole. In some countries, the knowledge of cryptocurrency is less than 20%. It's still in the hush level. Since the knowledge growth is steady one, the knowledge will keep increasing.
Thats right, we don't need to worry about the spread of crypto itself. In my own country Crypto is getting bigger, the total users are hundreds of thousands and will continue to grow because the knowledge of crypto will be increasingly spread, in the next few years, crypto will become mainstream.. Making people aware of the crypto currencies is something which you cannot expect to happen in a day or two and that this is something which will take a lot of time as there is a huge population who still don’t know anything about any of the crypto currency. All you need to do is that you need to play your part by telling to as many people as you can so that they can also get some benefit. Yeah sometimes we might have to help the development of bitcoin by telling people around us about bitcoin. it's very helpful of course. yeah you're right the development and growth of bitcoin takes a long time. You have to understand that |
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I believe you should do what you're good at.
Trading requires a lot of skill and dexterity, you'd need to educate yourself properly about the pros and cons.
Lending is a little risky(but so is everything aspect of crypto)
ICO investments is also a firm of trading (but, long-term mostly)
You can publicize for projects you're investing in, that way you boost the project and earn extra rewards.
Yeah you can do what you like and suit your skills. actually I've done it all and the most profitable one of course is trading. sometimes I also do lending. but sometimes they don't pay and I am forced to sell collaterals. it all depends on your pleasure |
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Bitcoin has no such safety net. If your Bitcoins are lost or stolen, there's no intermediary with the power to make you whole. There are two basic ways to hold Bitcoins. You can participate in the Bitcoin network yourself, storing the keys to your Bitcoins in a wallet stored on your hard drive.
Yeah all levels of security will depend on yourself. how do you manage your bitcoin. if you choose to use hardware wallet it would be much safer. but if you use the exchange as your wallet its would be high risk. you know how to secure and which is safer |
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It is still necessary to solve a lot of problems in order to make this real. I believe in this, but there's still a very long way to do this all you need to do
Some countries have accepted Bitcoin for purchase of goods. By the time, Bitcoin is growing in online business with Bitcoin, we need to look at reality and accept it. Yeah some countries do legalize bitcoin. but as a property not as currency. although many users use bitcoin as currency. but still governments in all countries will surely use their local currency as the main currency. bitcoin will just be an option |
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