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I am sure the government will want to have control in bitcoin. They will make moves on how to regulate the use of the cryptocurrency. Governments always want to have control in everything.
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I don't think ETH can reach the BTC's value in the market. In my point of view, when the bitcoin moves up the price of altcoins also moves up, when the price of bitcoin goes down all of the altcoins follow. So there is no way it can catch up.
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Actually, the governments have already known about the presence of bitcoin. Its either they are silencing their selfs because they don't see that as a threat to them, or they are silently observing and very soon creating a law about it.
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Trading or investing in bitcoin can make or break you. I guess it will depend on how you make your decision when selling. There should be a perfect timing when selling your coins. A little late or a little early can cause you bucks.
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I think we can divide them in two. First group is greedy people who wants to take advantage of the market and people to make easy money and second group is full of people who have some good projects to make life easier for cypto community.
Yeah, forget about that. Sorry. There are still good projects or coins right now but the ratio I think is 10:1 where 10 is scammers and only 1 of that are legit. Some crypto's have good visions and intentions to give solutions to our problems. |
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Creating your own coin can give you a big profit. That is why people are trying to create their own coins to earn more money, creating your own coin is easy because the blockchain technology is an opensource and everyone can create their own coin.
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Well I guess it depends on how the bitcoin would go. If I think bitcoin can possibly rise to 1M then why not buy at 100K, knowing that it is still possible to reach 1M price in the market. We will see in the near future if it can reach that level.
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If we stop believing in bitcoin, then surely bitcoin will end. The life of bitcoin relies on us its investors, if we pull out our investments in bitcoin. Then it will surely collapse.
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Bitcoin does not "employ" people, it just gives them the chance to earn money and reduces the risk of being poor and broke. A person who is involved in bitcoin isnt considered as someone who is employed thus their status remains to be unemployed who finds a way to earn without a professional job.
I am with you brother. More like bitcoin is increasing the unemployment in a good way. Giving the community financially capable population. That does have to be employed to support their living. |
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I think the bitcoins technology needs to be improved to make sure it will never end. Its technology can't cater so much investors its experiencing right now which resulted to higher fees and slow confirmations of transactions.
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There is a token right which is called PENIS TOKEN (PNS). Another ICO's which I think don't have any future or plans for the future. LOL There are many ICO's happening right now, most of them just want to ride the popularity of bitcoin.
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Some of the coins have innovations and visions, some of them just wanted to earn money by creating their own coins in the market. I guess you need to differentiate what to trust your money in.
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Haha, it is more like increasing unemployment rather than decreasing it. You see, people who have invested in bitcoin don't want to work anymore because of the profit they are earning from bitcoin meaning they are jobless with increases the unemployment factor.
If we focus on our past before joining the bitcoin we are jobless or consider to be a jobless because our job income was not enough to fulfill our needs and wishes. Also we have no such job that is 24/7 service means that we can do work any time. there are so many people around the world facing the same issue, By join bitcoin and making hard work with bitcoin able us to fulfill our need and wishes. In this way bitcoin reduces the unemployment. I think your talking about economic status. Unemployment means the number or proportions of unemployed people. If a lot of people is quitting their job because of bitcoin, then it is safe to say that there is an increase of unemployed person which means unemployment. |
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Haha, it is more like increasing unemployment rather than decreasing it. You see, people who have invested in bitcoin don't want to work anymore because of the profit they are earning from bitcoin meaning they are jobless with increases the unemployment factor.
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Because they wan't to earn more. They think of creating their own coin to generate more profit. The problem with these ICO's is that they don't have potentials in the market ending to just a scam.
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When do you decide to sell?
Is it a sat, a % of profit, or even a randomly thought up number in your head?
I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.
How do you determine when to let it go?
I do decide to sell when my investment reaches my target profitability goal percentage or even more higher. I always put in my mind the buy low sell high practices. Correct, but when is the right time that you can say. Enough already? For me, I think its safe to sell bitcoin when the price is expected to go down. |
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When I reached my target. I sell everything, despite it will go up more or not. Don't be greedy, just set your target and you won't loss anything.
Wise plan. Better not to be greedy in this situation. I think it still good to invest and wait a little more before selling everything and harvesting the profit. |
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I heard there will be a major enhancement in bitcoin. It is called light network. I think it will do a big improvement on the technology and will surely bring more investors.
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If you will ask which is more profitable, I think the answer is bounty. In airdrops there is no sureness if the coins you own will have value at the end of their ICO.
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Right now the trend is already going down. If it reaches 100k I don't think many of us will have courage to lose that kind of money.
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