Yeah that's for sure, bitcoin is a really good means for making transactions these days and I have been making use of it in situations where it's possible. The only downside is that there isn't much places where bitcoin is being accepted as a payment. When I go to stores I'm asked to make payments with my banking app or to scan their QR codes, some of them even request for my debit card which is one thing I don't like and have avoided those stores.
This is not time to be making use of cards and cash, because these are ways that the virus can be spread, so I seriously avoid them. And as for online shopping it has always been with my debit cards or PayPal. The only times I have gotten to make use of bitcoin in payment is between me and friends or some working partners.
- I think using the card and cash is still normal right now, you should not worry too much about the virus can spread through that way because as a user, we know this is a dangerous disease, washing hands with hygiene solutions is necessary after going out and having contact, even at stores, employees will ask customers to do so before making transactions. If you still have worries, online shopping and online payment are still very popular, Bitcoin is not yet a necessary solution when value is risky in the economy recently |
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The human brain is designed in such a way that it will be most efficiently engaged in only that activity that brings him pleasure.
As a rule, trading brings pleasure only in case of victory, so if you have not tasted the taste of victory, if you did not have profitable positive transactions, then you can probably get tired of trading very quickly and stop your attempts to become successful in it.
In addition, many newcomers spend their last money on deposits and, as a result, during the training process, lose them, which leads to even more frustration and refusal from this activity.
Everyone experience failure and getting down a lot because of the mistake even they think it looks like simple one of the thing we must need is to get more knowledge most of the time reading books and a lot of kinds of stuff related to the market movement will help you a lot of things and use this to make more knowledgesble in trading also if you experience another failure don't hesitate to try again because the experience is the best teacher and also focus st your goal if are getting tired of losing just take a rest and try again later trading is a risky activity but we cannot earn a huge income if we do not risk huge investment or capital too, to avoid losing knowledge is the most important thing we have. For those who fail, all of you should unserstand that it is not the end. Those professional traders also experienced to fail before but they have strong mindet where they have determination to continue to trade. Do not lose hope because it is part of the process. You can never be in another level of trader if you will not fail, get back and be strong in order to regain your losses. - Indeed, to go to another dimension, a new level in trading, experience is one that every trader needs to accumulate, it stems from failures but failure doesn't have to be a pleasant smell for all, almost many people have fallen mentally from the beginning, going further was not possible, advice and sharing may be in vain for a person who is mentally frustrated, they have a strong psychological impediment. Trading is a psychological cycle, traders' psychology needs to be firmly defended psychologically, not to be broken by external influences. |
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There are many different ways for you to make money in this market. You can participate in bounty and airdrop to make a profit from it, in addition you can trade if you have experience. Today bounty and airdrop become very difficult because few campaigns are successful. If you know trading, then surely it will be a great equally
- Telling you some sad information, you can hear that trading is a great job but it is also a job depending on the conditions and opportunities created by the market, and the general situation of the market you have probably seen, the world economy is almost undergoing a purge and bloody, trading in crypto is no longer so great, people are very scared and are storing cash. Bounty and airdrop values may only occasionally appear, sincere advice is probably to look for another job in this sensitive era, do not depend on crypto |
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No one knows when it will end. Headlines like "coronavirus cure found" have mushroomed since February, but working on vaccine may take 6 to 8 months. I can't accept a statement that corona killed the economy. It wasn't merely panic around the virus.
It is very hard to create a virus against these viruses. Because they mutate very rapidly. Even if you come up with a vaccine against the COVID 19 strain, a few months later another mutation can appear and the vaccine will have no impact on it. And with the virus infecting almost 700,000 people till now, I think that mutations may have already occurred. By the time the scientists come up with a vaccine, it may not even be effective against the virus. We can't discuss about this matters as we are not doctors or scientist, they know better as that is their job. Our concern here is the movement of the market especially the crypto market where we are investing, for now, we just have to hope the vaccine will be out as that would be the only way to put our life back to normal and we can enjoy once again what we get used of doing, including investing in difference markets. - Yes, the concerns that we need to worry about at the moment are the economy and the market, the amount of money left in the assets and the things needed to survive in the epidemic, we can then review some disease information to update the latest knowledge, discussing this issue is unnecessary when it's not our specialty. Trying to discuss virus only makes us imagine more of the bad images and negative, and this easily leads to the spread of tabloid information, destabilizing the community, very not very good at this time |
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I like both gambling and trading because this two is give me a good profit but gambling is this year only because when Im play before Im addicted in using my money and all my savings was gone because of the gambling but after controlling ny self I now earning and I added to my list that way of earning money.
But ever since trading is my favorite and my priority is that because I earn more money to this than the other way and I hope I can get more money to trading this year.
- Feel very surprised when you say that gambling has brought you good profits because a common situation that gamblers often get would be loss, profits have never existed for too long in their accounts even if that was the goal they tried in gambling. You may be a lucky person but I believe you also have bad experiences with gambling, even if you can give the controls, gambling should not be the preferred option and put on the list to make money, moving and focusing more on trading is probably more suitable for profit, entertainment purposes can be gambling and binary |
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Of course it is possible, BTC and Altcoin can grow together if we are in a bull run. But from 2017 until now, I only see once in this case. The majority were bitcoin rising and altcoin collapsed and vice versa. We may have to wait for years to come to see the market go up like 2017
- I think bitcoin and altcoin have never been able to grow together, it always has a certain arrangement, rotate with a clear order to create a best balance for the market, as a case you said in 2017, bitcoin is almost always ahead and draws people's attention, altcoins are just waiting to receive a similar effect through bitcoin's popularity. Sometimes in the opposite case, the value of altcoins will rise soon, accumulating capitalization to boost bitcoin but in general, altcoin and bitcoin will go in opposite directions |
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Airdrop is now totally waste of time from my experience in the last few years. I have participated many airdrops but almost 99% airdrops i participated are fake and it was waste of time. Now i don't join maximum airdrops but very few airdrops sometimes come are good of good project. So we have to be aware before join airdrops as they can take our documents and can use it in illegal ways.
- The situation in which airdrop projects use our documents and information for their personal work is a highly alarmed case, so up to now few people have provided their information to projects, almost using a few small methods to get rid of real information and use fake information for airdrops. And this is often the job of professional hunters, considering airdrops as a tool to make a profit, instead of wasting time, we can't really afford to do the same thing and the airdrop has become less attractive, joining as a newbie is probably not necessary |
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A bad market is a good opportunity for holders to accumulate the amount of bitcoin they have. Because when the market crashes in part
people will panic and sell their bitcoin at cheap prices. Here there will be opportunities to buy bitcoin at cheap prices, so don't miss out
the opportunity to be able to buy bitcoin at cheap prices.
- Market collapse can be a great opportunity for holders but I'm not too confident that they will buy too much during this period, they only spend a little, not even invest and wait for the next market movements because this collapse does not allow us to see its bottom, the price could go deeper every day, missing the opportunity can create regrets but sticking to a loss is more frightening. Therefore, my prediction is that the holder only observes during the period of collapse and accumulation when the trend of recovery comes gradually, instead of participating directly in the accident. |
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1. at this time I have not gotten a bounty that can generate profits commensurate with what I have done.
2. I personally don't want to leave the bounty because my free time makes it easy for me to do it.
3. For social media bounties, I have left them a long time ago because I have to fill out reports to tread bounties, which make more work.
4. bounty signature that I always follow until now to share my thoughts on how I feel.
Gone are the days of huge bounty profits. I still remember 2017 and 2018, we could earn thousands of dollars for every campaign we participated in. But now we can only make $ 10-50 because the current market is much worse than before. So forget it and move on, there won't be any bounty with the same budget as before. - Well, I also remember the moments in the past when projects often paid large sums of money to participants, bounty was always a pleasure for all but right now there's only nostalgia, some regrets for not joining sooner, not accumulating more. Although perhaps quite sad but time does not allow us to return to repair and change, the only thing we can do is we move on to the future, bounty may no longer be a huge source of income, a joy for many people but at least, sometimes it still gives us a small amount of money to eat and drink with friends |
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I also think BTC is that the best currency because the crypto market is nearly always worthwhile for Bitcoin Bitcoin may be a very old and popular currency. Its demand will remain within the future because it was within the past Only the fluctuation in prices is a smaller amount than that.
The thread is created back 2018 and BTC still prefer to be the best crypto to invest. I agree with it, BTC still the best to buy and hold. Btc still strong over the past years. Keeping number in the spot and no one will be able to stand that high because other coins depend on it. If BTC fall, alt coins also fall. We can consider other coins which small value but large potential in the upcoming years. The best time to buy when the value is cheap. Even time passes and new coins comes around every year, bitcoin will still be the number one cryptocurrency in the market and still the best coin to invest your money with in a long term, that is why a lot of people had been saying that bitcoin is the only cryptocurrency that we can trust that will survive in more than 10 years. - The general trend is still to choose bitcoin as the leader of this revolution because as you said, this market has been going through so many years, we can see the collapse, upward and disappearance of some cryptocurrencies, the only thing that hasn't changed is bitcoin, Bitcoin still creates a sense of security whether we invest it at any time, it's the best. However, we should not be subjective and just focus on bitcoin, cryptocurrency is a potential market, sometimes we just need to come to the right time and the right target, that can be defined as the best crypto to invest |
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Of course, investors are more interested in cryptocurrencies. They care because they have invested their money in projects in this market. And bounty hunters only try to dump it as soon as possible because they think the tokens are free and their effort is worth it.
- What you said is not necessarily true because if investors poured their money into the project, bounty hunters may not have poured money but they are using their time and effort on the project, they never want to sell tokens as soon as possible when it's their effort, they need a fair price for the sweat they have spent. The person who really doesn't care much about crypto is probably the investor, they use little effort, they don't know the value of each token, they just look at the profit that can be achieved |
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The advantages of trading can generate profits in a relatively short time. While holding usually requires a long time to be able to make
a profit, but holding is safer than trading. So it depends on each person looking for profit quickly or looking safe. For me it's better to
trade than holding, because I'm not a person who likes to wait. Therefore I do trading daily, which is the profit that can be obtained
daily too.
- Sorry, I don't think so, the holding is probably not so safe as you think when the time we spend on holding is an indefinite period of time, besides, even if the project we invest in has a problem, we still can't handle it easily when the principle of holding is perseverance, regardless of changes coming from the project and the market. Incidentally sometimes it can be a failure as many projects have shown they are not really good in the long run, trading gives us more advantage in time and more processing space |
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good advice but it seems like it doesn't really apply to alt in the top ranks, they will definitely develop or have goals for the future.
while for alt which is far below 100, use it only for daily trading and not for long-term saving.
or for the good reason you can save btc for long term, and alt like eth,xrp,bch,bnb.
- I think it still applies to top altcoins because of the fact that top coins can no longer sustain an upward trend in the long run, except for bitcoin can still attract capitalization very steadily, top altcoin almost had to share capitalization with the altcoin below. Their potential has been used up and there have been no new changes while their competitors are too potential and constantly changing, top altcoins can only explode in a short time, long-term holding will not be able to optimize profits, this is the time for us to think carefully about holding. |
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Well, as COVID-19 has no cured yet, many people are afraid of going outside just to do some transactions in real life, they are afraid of purchasing some goods and stuffs because of being afraid to be attached from other people, so they are also afraid of using fiat currency so the best option that they can use is the cryptocurrency, but the problem is some countries do not still accept bitcoins and different cryptocurrency in their land so they can't still use it, I hope that this situation will be a lesson fro everyone especially to the officials that they should really accept the bitcoin because it can be alternative to fiat currency when some crisis happens again.
- You are seriousizing this issue, although people are very worried about the virus problem and restricting movement outside, but in general, buying some goods is very normal, they always have disinfection measures before using, acceptance for bitcoin is not necessary right now. Besides, if people do not want to move out, using payment via internet banking can still use, it is even more convenient than bitcoin many times when this is a service under government control while bitcoin as you say, the government still considers it to be unreliable to the people |
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It's typical of humans. We're always expecting everything to be perfect and well at all times. Even though we know it's not possible, we still want it to be that way. When the market is down, we want it to go up. If the market is up, we want it to go higher. The market doesn't work that way.... Heck! Even life itself has ups and downs. That's why there's a disadvantage for every advantage. But people don't want to have any of this. I think it's just how humans naturally are.
- I believe that people understand how the market works, they know that perpetual growth has a very low rate of occurrence but they always believe that there are exceptions, hope will never be suppressed, there will always be light in the dark corners of life. Although this expectation seems unrealistic but at least the positives are still evident, people need such positive things to continue to live, if we only think of negative things and give up everything, we probably will not be successful, especially in a world of pressure and failure like crypto |
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Absolutely agree with you, this market always welcomes new investors. And they can absolutely make a profit if they are smart enough and have experience with this market. I know a lot of new investors in 2019 and they made a lot of profits in the bad market. No matter what, just invest and have a strategy, they will surely succeed
- It is not only constantly welcoming new investors, it even creates more opportunities and advantages for newbies because the door to trading has had too many people coming in, years have passed, experience, sharing and tips are too many, new traders just need to read more on these, their risk will be reduced, know more good tips to optimize and manage assets. The good example is many people succeed even when they are late but newbie still need to learn more, don't be too arrogant in this market |
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It can be assumed that prices for cryptocurrencies fell due to the large amount of money that was withdrawn from them for various purchases of medicines, medical masks and various antiviral drugs. And the banal amount in cash does not hurt at such times.
- This assumption does not seem too reasonable because if people need some money for shopping during a pandemic, the income from the job, the money they have accumulated, the support from the government, too many sources can solve this urgent problem. Bitcoin can receive influence only very low when it is the last place that people think of when there are no other options, the drop in a pandemic is just a temporary panic, when people become calm and seek extra income at home, bitcoin will be able to raise prices from that search |
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Blockchain can be used as part of a banking system, but it will not cover everything completely.
In my opinion, it can be used for transparency, cross border payments, etc. And CBs are already working on digital fiat. So, there will be a lot of use cases for blockchain but it will not replace banks. Upgrade is a better word
- Agree, blockchain with outstanding features can become an upgrade for future banks with security, expand services to reach crypto users but summing up all the possibilities of blockchain, a complete system replacement is almost impossible because except for good features, blockchain also reveals the imperfect nature. And banking is a system that needs perfection, the mistake is not allowed to exist too much, right now, they are in the best state while the blockchain is still too poor for the perfect state. |
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I don't think the altcoin season is coming right now. it might come after halving arrives, it's just that we don't know the right time, especially when there is still a virus outbreak spreading. however, current conditions are very difficult to predict. Well, it's hard to predict the altcoin season when bitcoin prices still go down like this.
- Indeed, the altcoin season is probably very far from us because in an environment where the economy is facing many difficulties, the capital poured into altcoin has become very low, expecting an atlcoin season is probably unrealistic compared to baseline conditions. And combined with the difficulty of the economy, Bitcoin seems to be starting a familiar scenario when good news like Halving comes out, instead of rampant growth, it will be a drastic price adjustment, haven't seen rays of hope to change this reality |
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As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
Well, it is really true that Corona virus really affects different cryptocurrency, which makes it to be dumped, but that is really normal thing about cryptocurrency because we all know that it is volatile, which means it changes its value day by day or even seconds by seconds. It will not be permanent for sure, bitcoin can pump again in some other days, bitcoin is really used in this situation but it is still bouncing back to high value. - Corona's influence on crypto is probably just a small part, it's not a devastation so big as many people think because crypto has had a great year, adjusting to expect higher prices is what crypto should do, the recent collapse is a correction, the virus was just a coincidence that appeared at the same time with correction, making the market a bit worse but in general, the price was still stable as planned. There is no permanent and irreversible damage when the government will gradually solve economic problems, which is obvious when the price of bitcoin returns in the previous days |
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