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Everyday people always finding the reason why bitcoin dropped down. Always remember that the primary factor that affect the changes of bitcoin is is the demand and supply. And instead of finding more answer about dropping of price in the cryptocurrency market let us just grab the great opportunity now to buy in a cheapest price to have more investment for the future. Remember also the more you invest ,the bigger return in profit.
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I understand that being a bounty Hunter can make money and improve the family economy, but do you have other jobs? because if I just rely on money from Bounty I think it will not be enough.
This is the only work i have because i need to stay here on my house. That's why i am lucky that i am here working hard in crypto to earn and to learn many things about cryptocurrency. I know that relying on crypto is not enough unless you already a successful crypto worker or bitcoiner. |
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Hello everyone,
I am in crypto world from August 2017 and learn a lot and still have to learn a lot.
Let me share few things with you which are very important.
How to find weather ICO is scam or not
There are few things which we can check to avoid scams.
1. Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
2. Do check their Team members, try to find their social accounts and do some background about them and their past experience.
3. Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
4. Check their partnership details. Try to contact their partners to confirm it.
As once you select that you want to participate in ICO, then what you have to keep in mind.
1. No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
2. There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
3. Only trust official websites, Admin and team member.
4. you will get email from hackers , don't open them.
5. use 2fa and other securities to your accounts on exchanges.
Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.
If you have any question or need any help, leave your post below. I will try my best to help all of you.
Thank you and all the best.
You are right. In investing in ICO's you need not only capital but most of all knowledge about the projects and the things that can harm you and your account . A lot of ICO's out there so be careful not to fall on some scammers.Be wise always and use your knowledge to avoid fake ICO and scammers. |
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For beginner in crypto i would advice to make some research and give time to read here in forum,in some news and even in google you can find many helpful tips about cryptocurrency and on how to become successful here. Avoid fear and negative thought. Always think positives in time market is down,always put in your mind that crypto market are so volatile,every price may change from time to time. be careful to select the coins you want to invest. Be courageous enough and risk taker person thatn what ever may happen to the market you stand still and looking forward for the fruits of your investment. Learn by your experience because that is the best learning tools in whatever you do.
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The reason we pay taxes is to follow the rules and regulation impose by the government to avoid any problem regarding non-compliance with tax law. If government make cryptocurrency legal and the put regulation on it including the tax then we are obliged to pay the tax.
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Because people just want to earn and don't want to lose their money and investment that's why when the market is down they are panic and continue complaining about the market. But before you inter in this world of crypto be sure that you know market price of cryptocurrency is not stable and anytime it will change and has a big possibility that it will down but it will rise again.
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No matter what will happen to bitcoin it will continue to rise. Even it will go back to $1 ,i am sure it will rise again. Bitcoin will never die or it will never become worthless as long as there are still people believe on it and continue to invest and patronized despite of bitcoin price drop. Those people has a wide knowledge about bitcoin and they have strong feeling that the falling of bitcoin price now is just temporary.
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Bitcoin is not just a digital currency but also know as digital asset because it is used for investment you can earn profit from this. You can use it not jut as payment online for something but you can use it to trade in order to earn more income. Bitcoin is like also a gold which is valuable asset even though gold is tangible while bitcoin is intangible. They are both valuable asset.
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I think we don't need to choose between real and crypto job because for me they are both job to grab to earn money. It is not important if this two has a different ways to earn,the important is you can handle both your current real job and working on crypto. Both will help you and will give you a bright future if you are a hard working person and can work under pressure since working in both kinds of job is not easy. Both needs your time,effort,and patience, if you can do it then much better.
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We are here to encourage someone to be strong and courageous in the situation like this. We are trying to spread positive news despite of market downfall and now that it keeps on falling,others felt fear and they are panic that leads their mind to think negative and instead of holding they will sell. But still the decision is in everyone hands.If you want to hold then hold on and patiently wait the time market will rise because everyone of us look on positive view of crypto. If you want to sell then go ahead if you are fear and want to loss what you have now. If you know about crypto very well ,then i think you should think positively.
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In my own opinion and i was just thinking that the downfall of bitcoin and altcoins price has a negative and positive effect to every people. It will be positive for those who has a lot of capital to buy more coins at a lower price and invest it. It is the best opportunity for them. But, It will be negative for the people that has no enough capital to buy and just rely on the coins that they already have on their wallet and if they felt afraid that market cannot recover then they will lose what they have because they are going to sell than to hold because of fear.
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The Crypto World has Witnessed a lot of Ups and Downs (Mostly "Downs" Though) this year 2018. Now we are at a point where most investors percieve to be the best time to invest in Cryptocurrency, but unfortunately the dip has only worsened.
This has left a lot to ponder and a lot of people are starting to ask the question "Is this the end of Cryptocurrency?; especially BITCOIN".
Let Me Have Your Take, What do you think? Leave a comment below.
Cheers
Remember crypto market are so volatile which any moment price may drop or it may increase. So,this time market down and instead of panicking and worrying much better to buy more now. Fill your wallet with coins and tokens now to earn more profit someday. |
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I think Yes,bitcoin bounty millionaires still exist on this forum because i have known here who become millionaire through bounty but he become a millionaire not just in one campaign or even in a short period of time. He gain it in different campaigns and through trading together with a lot of patience.
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Bitcoin value is very high compared to other coins that's why we have nothing to do if the transaction fees are also high. Much better to use altcoins because it has a lower transaction fee if you don't want to fee for bitcoin. But for me,no matter what the transaction fees of bitcoin a long as i earned more than the transaction fee ,i will continue to use and patronize the bitcoin.
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"The crypto money market will become a $ 20 trillion market. But I believe it will be 10 times. As the crypto money sector evolves, fiat money will lose value to a great extent. By 2021, the US dollar will be only 1 in 5 of today's value. Believe in these numbers." said John McAfee. Do you think that we are going to end up this boring period and see such a rise?
It is difficult to believe this prediction to happen someday because it is too much....wow! But we all believe bitcoin has a bright future and i believe also through bitcoin and cryptocurrency in general will help our economic growth and development. So,let's just wait and see what tomorrow may bring in crypto currency. |
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Bitcoin is unstoppable,people who use bitcoin will continue to find a way in times like this that a central bank or a country planning to ban bitcoin. And sometimes those plans will not happen if they know other countries are now a growing country of cryptocurrency and the also found out that bitcoin help to increase the economic growth of other countries.
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Regulation and legalization of cryptocurrency in one country will lead to government control the decentralization of cryptocurrency. It has a good and negative effect to all cryptonians but for me it is much better than to ban cryptocurrency. Atleast if crypto become legal and there is a regulation to follow,people will not hesitate and have no fear to use and work on crypto. The only sad you need to follow the rules and pay some tax.
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You have nothing to do if someone do not believe in bitcoin,let them do what they want. If they spread negative about bitcoin then turn it into positive. People has their own mind to choose what they want to believe in. And they have their own mind to know the truth and to know about bitcoin. But sometimes people are lazy to discover the truth and they find their way to fall down something to prove that they are right even they wrong.Sometime other people don't want to see their fellow become successful that's why they make any possible way to make them down like in bitcoin.
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At a time where I see currencies moving away from cash to digital I think the reason is partly so that governments can control the flow of their currency more particularly for laundering. They can possibly gain more taxation from a cashless currency because cash cannot be fully traced. If i sell my car for cash to another individual the government dont get any revenue from that because it is not traceable.
So in a governments aim to control our money it will leave a big opening for bitcoin and other decentralised crypto to exist along with fiat and will allow people to "trade" anonymously with each other over a completely independent infrastructure.
How can people trade anonymously if there is a presence of government? If ever government has a full control on bitcoin and fiat money then it is now centralized. Government know our identity for every transaction we make or even in doing trading. Bitcoin is decentralized digital currency and government is centralized sector that has a full power over fiat money. So,in my opinion bitcoin and fiat will both work for the sake of government and for the better living of many people. It will both become important in our economy and i hope someday government will know it ,so that they will also give importance to bitcoin as decentralized currency like fiat money. |
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In my own opinion bitcoin is not ready to use in medical billing because it is still on progress. Bitcoin continue to develop for payment system. It is already use in other country as payment for electric bills,water bills,buy loads and many more and i think it will be use as payment in other forms like medical billings soon. Let us hope that it will be use someday for a lot of billings so that we can pay easily using this bitcoin. Bitcoin is very useful and helpful,it is really a blessing for us.
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