The best thing to do right now converts your altcoins to bitcoins if you want to minimize your loss. Because the price as this moment is not stabilizing and there will be a chance to drop this current price to lower than its current price. But if you still insist that someday the price will return to normal then hold on to that courage because anything is possible in this industry who know the Altcoins that you currently holding may double the price by the next month. there still some altcoins that rising till today you just need to believe it. as of today look at the picture:
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If possible stolen funds must be returned to their respective owners if they can still track its owners. Because these funds are earned by them it the hard way some people bought Crypto Currencies with all they have.
It is not a good idea to keep it to ourselves if we are some sort of authority because we know how hard to earn some cash these days. that's why if it's possible to return the stolen unds then return it.
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Cryptocurrency is still strong even with these regulations and countries banning bitcoin. There is still a lot of countries where bitcoin is legal and not banned. That is enough to support the ecosystem of bitcoin.
The fact that I know even some countries have some high restrictions about bitcoins, there will be no stoppage about its evolutions. Bitcoins are taken care of by some big country too and has not been fall since it has been created. We can see the full result of its grow when all of the Bitcoins are mined.
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This scenario will be possible however, we are not talking some random guys who own some bitcoins. it is Satoshi we are talking about the one who made Bitcoins for us. I'm sure he has some sort of way to recover what he lost. I mean the Private key he lost he has some option to recover it.
There is no way I believe that he cannot take it back when he lost it because that's so impossible I'm sure he knows something that we ordinary holders doesn't know.
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ETH price is at its worse right now because it's having a hard time to overcome the $200 dollars wall. lately, it reached the expectation of many investors when it finally gets to $300+ finally in the long months of drought.
But judging with its price right now the $500 mark is in jeopardy because there is no sign of going to 300$ again from this market.
But let's not lose hope the end of ETH is not yet there, we need to believe on its founder he can do something about this.
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When the price is not going up at all after I see that I have earned some little Dollars from buying bitcoin, I quickly trade it into our local currency to prevent further loss.
But most high-value investors don't care about price drop they just wait for another big ups to sell their Bitcoins to USD. as for me I keep the minimum risk when I buy it on $9k I wait for 10-11$ to sell it. If not moving to 10k then sell it as soon as possible.
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bitcoin doesn't need "saving" because it is not failing to want that!
lightning network, like many other things that were either added to bitcoin or built on top of bitcoin as their underlying technology over the past 10 years, is an addition to improve bitcoin more than it currently is. to add functionalities that weren't possible before, in a decentralized and secure manner.
This is the correct statement, Agreed with this. the lightning network it just some fancy thing to at least make some update on bitcoin current state but without it, bitcoin still dominate all of the current ranks from all other Altcoins. There are many resources that you can use to add something on what Bitcoins can do today. You can use those resources to further develop your knowledge about bitcoins and contribute to this technology.
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Etheium is not that old, the only problem is the huge count of rivals that are appearing almost every day so investors diversify their investments onto those project and leaving ETH.
Day by day scenario like this resulting in the Etherium collapse its price. the only thing they can do to prevent this is to release the Etherium 2.0 that they talking about. so that the investors will have some option again to return on ETH investment.
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Actually, they are using it now like the game I played last time, they allowed their game ITEMS to be paid with bitcoins. and also you can use bitcoin to trade with the other players.
Some other games right now run with their own Altcoins their game currency is Altcoins.
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I prefer content creation, You can do this thing everyday like 1 content a day and make it resourceful and easy to understand so that you always gain more reader in the future.
Then when you able made like let's say 20 contents you can try applying your site or blog on some company that paying when they put an advertisement on your content.
With that method, you can double your earnings and don't forget to minimize the advertisement because mos reader get annoyed with a lot of advertisement and this will prevent them in visiting your content later.
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You cannot just do what you want in some country cause most countries like China have a strict policy about bitcoin. so you cannot just say what you want or you will face the bad consequences.
But thankfully, in our country, there is no reason to hold back on what you are suggesting. but it's only up to those people if they want to accept what you are suggested.
The Phillipines is a free country, Bitcoins can be used here to pay many things there are lists of the restaurants who already accept bitcoins and some other store too.
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Let's see where this one goes, better than ICO and IEO right? I don't know about this but thing cause I only heard it from this thread need to read more about this thing.
Anyway since the project is still at its early stage we cannot say that it's better from those 2 best methods of investment at least when ICO are more popular last time.
The best thing about it is its new way of investment I think there will be some investor who wants to try it if it really works, as for me I will just wait for its result.
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It depends if you really strongly believe that the price will rise to Over $12,000 again. If not, then at least hold it a little longer since it has a very high chance that it will rise again. Mostly at this price rate, it's not a good idea to buy some bitcoin. wait a little longer at least from $8000-$9000 the best price to buy Bitcoin again If you are some big investor.
Anyway, If the price stuck this high then you have nothing to worry about at least you are not losing your investment. Just wait for that perfect timing to sell your Bitcoin and don't be too greedy just remember the volatility of the price can sometimes fatal as it goes down like -$2000 with no warnings when some whales are dumping.
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This is the worst scenario of a Bounty Hunter especially those Hunters who use their real Identity just for the sake of KYC. This is the risk they are facing right now of course if you received that money on your wallet you need to have a good reason to tell the authority or else you are doom and maybe received a life sentence in the prison.
In this case, we need to be careful on what site we will give our Identity to. this scenario will happen possibly like the Lotto odds before it happens to us we need to be careful now because it's too late to be careful when you are already in the prison.
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Let's see if this goes well on them, I'm sure other countries will follow their Ideas too. just for the sake of modernity, we need to adopt this latest technology to have an abundant life. but we need to remember we don't need to change our laws we just need to adopt this system to make our people convenience at some point.
Making cryptocurrency one of the Official salary in our country can support the life of Bitcoins and any other altcoins.
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I do not think so. Anyway, 70% of projects use ERC-20. And this means their success at the IEO is developing the market. The market is stabilizing ETH is growing. I do not think that this caused a fall in the market today. And for sure this does not show the weakness of the ETH. I heard about the etherium version 2.0 will come. for me, this is the only chance to get ETH to ride the price track again. For now let's just hope that the price will not sink to under $100 again because if it goes that low, the chance to get it high again is almost impossible because we need to know that ETH is not BTC if it goes down it will not affect the BTC price. So we need to see the 2nd version of etherium will come out soon. because most people say, this is the only way to save ETH from falling down.
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Altcoin this time has not yet got their supposedly Bullrun with Bitcoin. This is not the most of us expect, from the past we expect that If the Bitcoin get its price to spike, the other Altcoins will follow too. But that was not the case today rather bitcoins go its own way to reach a 2x price hike this year.
Let's not overthink the situation this time, because we will never know If these Altcoins will follow the price hike this year. we can still hope because we haven't reach the 3rd quarter of this year.
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2000$ USD is too much money for me to invest it on Bitcoins maybe I'll take my Courage to invest the half of it on Bitcoins and the other half to real business on the outside world. I will try my luck on these 2 methods.
Because if I ever failed on one of them at least I will have a fallback, then I can start again with my current experience and when I get lucky on that 2 methods then its surely a win-win situation for me.
This is the only good Investment that I think that has less failure rate. I don't know about the other coins but If I ever Invest in bitcoins I'll wait for its sudden fall again.
$1000 = Bitcoins $1000 = Business on Outside World
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In my opinion, we cannot just let go of this opportunity especially when doing this simple task we can have a slight chance to turn the table of our life. So if there is an opportunity like some new bounties I will join them as long as I'm qualified mostly BTC Signature campaign because this is the most popular Bounties that paying their participant at a higher rate.
It all depends on us if we want to try our luck on these bounties until then we cannot know if which will gonna make us earn a big amount of money and which one will gonna fail us on the future. All we need to do is keep trying and use our past experience to choose the right bounty out there.
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I guess if the Bitcoin still holds its popularity the price will be increasing day by day when all of the holders patiently hold their bitcoins the price will skyrocket. This is the most popular speculation out there before LiIbra came into existence, now we won't know what does it bring after they mined all of the Bitcoins out there.
Like I said If it still holds its popularity then there's no need to worry about its extinction but if it is outshined by its contender obviously LIbra then All I can say It's All over. But remember right now there can't be a single Altcoins the can outrun the popularity of Bitcoins but we wouldn't know after the last Bitcoin is mined.
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