Money does not need to be "backed up" by something. In fact no money in the world is backed up by anything. Take US dollar for example, it is not backed up by anything except a stupid faith 70 years ago. So the real question you need to be answering first is why should bitcoin be different from other currencies?
Exactly, I think everything depends on the stock and demand. We are the ones who are naming the price of things or even currency on this world. The market decides the price of everything based on the demand. |
|
|
|
|
Back in 2016 most of the friends that I met in crypto are around 16-20,
So most of us are 20-30 now and I am thankful for crypto because I met so many friends and made some great memories with them.
|
|
|
|
|
I am one of those people who also avoids politics,
But complaint if things didn't go well.
I just don't want to waste my energy on debating about something that wouldn't really be helpful or useful to me.
Besides I am not really interested about it.
|
|
|
|
|
I would sell almost everything that I could just to accumulate more this time.
I believe that it would bounce back before halving so I like to get more this time before it starts to move up again.
|
|
|
|
|
Holding, It is the only step that I am doing right now since I gain some crypto when it went down for the last couple of days.
I am planning on holding it for a bit of time then sell and wait for another price fall to happen.
|
|
|
|
|
It doesn't matter if you enter the market recently or from the early years.
It all comes down to how you would handle your investment because surely if your an early investor and always looking at the price,
You would take your profit whenever it hits the mark that you set and you wouldn't just HODL it all up till now.
|
|
|
|
What views do you have on this?
Adoption is great, but shouldn't come at a cost, the cost of privacy. Bitcoin was effectively created to give hodlers the freedom banks do not. As a trustless network one did not need a middle man or agency to buy or hold their assets. Storing a decentralized currency with a centralized agency defeats the purpose and gives the government assess to your assets. +1 for this we already have control over our crypto we own our wallet and could sell our crypto whenever we want through exchange. We don't really need to give out our privacy for it. It is like giving out our control over our own money again and relying on banks again. |
|
|
|
|
If I am not mistaken the topic has been talk for so many times in the forum.
But I guess it would also reappear because of the sudden death of McAfee.
Our crypto investment would remain on the wallet of course it would only be moved or used if we would let someone know how to access our wallet.
|
|
|
|
|
It isn't dead yet and it is still fighting so there is still a chance for it to recover,
But we don't know for how long it would take for it to get back to it's ATH price or even make a new ATH record.
|
|
|
|
|
At the moment yes cryptocurrency is my only Investment,
But I also want to invest in other things to sustain my profit when crypto is dropping down.
I couldn't just rely on crypto alone since it is too volatile.
|
|
|
|
|
Yes it is worth it you just need to wait for it to go up again to gain profit or you could wait for the price to drop lower than it is right now before entering to have higher profit in the future.
I believe that we would see it fly again in the future maybe wait for couple of years again for it to happen.
|
|
|
|
|
It would only be worth it if the project succeed and it would pay the participants on time and what they had promised.
It is hard to find those kind of project now and it is hard to tell which one would really succeed and would keep their plans on track.
|
|
|
|
|
Would the government let it happen?
We all know that it is impossible for decentralized crypto like Bitcoin to totally replace Fiat.
If crypto would replace Fiat I think the only one right now would be USDT.
|
|
|
|
With all due respect to OP, Elon is more than 30 % responsible for the explosion of this years Bullrun, we need to give him that credit.
So you still wants to worship him while knowing that he is manipulating the investors? Nope I don't think he deserve a credit at all he already gets the reward for what he did, The money of the people he manipulates on investing to Bitcoin and Dogecoin. Driving the price up so he could sell at high price it is all what he did. |
|
|
|
|
We couldn't do anything for those who have weak hands and easily falls on FUD.
They are going to lose their money so lets just hope that they would learn from their mistake because if not,
Then they would just lose more on crypto instead of earning from it and if thats the case then it would be better for them to quit than to continue losing their money.
|
|
|
|
|
You are not alone OP there are also people who lost their job and came into crypto for alternative earnings and using it as a bank,
But it is better than Banks as you said it could bring more profit than banks and we could earn by trading it.
|
|
|
|
|
Yes it could be over for now but let's wait for it and don't quit it isn't the first time that this happen.
Let it have some rest because the next flight could be much higher and longer than we had.
|
|
|
|
|
Right now it would Dice games and Poker.
When playing dice I don't really use script or auto bet anymore I like to play manually so I could adjust my bets on each round if I want.
And I like poker because unlike most of the gambling games in crypto right now it doesn't just rely on luck you also need skill on it.
|
|
|
|
|
I believe that he is manipulating some crypto but not the whole market because he only focus on Dogecoin and BTC at the moment who knows if he would try to manipulate other crypto as well.
I believe that he is posting those tweets because he knew that his words could mean a lot for the investors so he is using it as a power to manipulate the crypto.
|
|
|
|
We exited the bear market earlier than everyone expected. The prices might only start to surge from here. Many people said that the Korea FUD, the Elon FUD, and the China FUD will kill Bitcoin. But what it actually did was speed up a 3 year bear market into a 3 week bear market.  Let's just hope that you're right that we are already out from the bear market and it only took 3 weeks instead of a long time hibernation. If this is really the end of Bear season then should we expect another ATH record for this year? |
|
|
|
|
Show Posts
