|
There is no one who can accurately answer your question, investing in any project in the cryptocurrency market also brings a lot of risks.
However, there is a way to reduce your risk to a low level that you should try to study and study an altcoin project carefully before deciding to invest in it.
|
|
|
|
Despite all of these good news and believe me the main reason that has been making ripple go to the moon was the spark airdrop. You will able to get free money and people were massively buying it.
The early buyers are the winner in this case.
Imagine when someone have 1 million XRP and he will get 1:1 ratio spark token then the price of spark will worth 10 cents.
he was getting 100k instantly without needed to do a lot of effort.
It's a great aridrop program and people are probably going crazy about it. However, there is no denying that there is a lot of good news from the XRP project and the XRP coin is doing very well during this period of time. However, I think XRP will be very hard to get past the $ 0.7 price point in late 2020. |
|
|
|
Bitcointalk Username: xZork Discord Username: xzork6789#6480 Twitter Username: @xZork1002 Profile link: https://bitcointalk.org/index.php?action=profile;u=145822Forum Rank: Hero Member Post Count: (including this one) 1172 Signature and Avatar: Yes XRP addrase : rLZh28YgxC712oPJYjYvU6Wa8146ycxkBM XRP TAG: 647094 |
|
|
|
|
Bitcoin and cryptocurrencies have proven to be a powerful force even during a pandemic. Right now everyone is seeing bitcoin with a very good price increase and it could reach its highs like in 2017.
Many predict that by the end of 2020 or early 2021 bitcoin will even surpass $ 20,000 and hit a new record.
|
|
|
|
We all know that when the price of Bitcoin goes up, the other altcoins do not go up at that rate. On the other hand, due to the increase in the price of bitcoin, in many cases, the value of altcoins decreases as satoshi due to a non-increase in the value of altcoins, resulting in losses on both sides. So in most cases, it is not profitable to trade with altcoins when the price of bitcoin rises. So it is true that Bitcoin price hike should not be trading in AltCoins these days and you will only lose.
Even though the price of altcoins falls relative to bitcoin, it always has ups and downs and if we grasp that we can still make a profit. So some good traders can still make great profits when trading altcoin. True, it doesnt really always mean that you would need to hold because if you can make profit by active trading then why not? As long it does have price movement then you can utilize those movement for your gains but knowing that active trading isnt really for everyone or really a very dangerous way of trading yet you are dealing with moving prices. Precise decision making and proper emotion handling will really be crucial into these times.I dont know why people do keep saying that altcoins are bad yet you can still make out some money with it. Perhaps altcoin trading at this point requires traders with experience in the market, all price movements can be profitable if we know how to buy and sell at the right time. I was lucky enough to buy P2P coin at 3 sts and sell it at 6 sts, it is even more profitable than holding bitcoin. |
|
|
|
|
The death of ETH is very unlikely, ETH is the major coin and it is the foundation of many major coins in the crypto market. If ETH dies there is no doubt that the crypto market will be in serious trouble, so the sharks will not be able to let ETH die.
|
|
|
|
I don't think it's going to be Blockchain or anything similar to cryptocurrency/stablecoin. I think they will build it outside that so that they can still control the currency in the internet. CBDC aim is to just replace coins or banknotes or at least make an option to use money digitally.
Yes, the cryptocurrency that central banks issue will be like a different version of fiat currency. The two things I'm pretty sure about central bank-issued currencies is that it's not decentralized and investors won't like it. |
|
|
|
|
It seems the altcoinstalks forum is trying to attract more users, however this will most likely destroy the altcoinstalks forum.
Members rank high because they contribute to the forum and are widely recognized, it is not fair to allow beginners to join the altcoinstalks forum with high rankings.
|
|
|
|
So what's the best coin to buy a cup of Coffee with? Transaction cost must not be expensive and the transaction must complete before the Coffee gets cold...  Better paper money has not yet come up with anything, we must first look for a café that accepts payment in the crypto, and then think about how to pay. If you want to have a cup of coffee and pay with cryptocurrency I think you can go to countries that accept cryptocurrencies as currency. Do not try to pay with cryptocurrencies in China or Vietnam. In these 2 countries, cryptocurrencies are not accepted by the government for payment, you will be in trouble if you try to use cryptocurrency as a currency in these countries. |
|
|
|
We all know that when the price of Bitcoin goes up, the other altcoins do not go up at that rate. On the other hand, due to the increase in the price of bitcoin, in many cases, the value of altcoins decreases as satoshi due to a non-increase in the value of altcoins, resulting in losses on both sides. So in most cases, it is not profitable to trade with altcoins when the price of bitcoin rises. So it is true that Bitcoin price hike should not be trading in AltCoins these days and you will only lose.
Even though the price of altcoins falls relative to bitcoin, it always has ups and downs and if we grasp that we can still make a profit. So some good traders can still make great profits when trading altcoin. |
|
|
|
Or will it one day be truthfully utilized for day-to-day life like paying for meals?
I think that in the near future bitcoin is still seen as an asset and people invest in bitcoin to make a profit. Bitcoin has a lot of downsides, too few bitcoins, slow transaction speeds and high fees that make it difficult for bitcoin to be a good currency. |
|
|
|
Absuloty the incredible , Because This Coin alredy moon on the platform, they ha ve very incredible the crypto marketting, the BNB Coin the present valu 28$ they may opinion This Coin incredible in the crypro marketing. Because this Coin supply is very High 🤑
Not surprisingly, Binance Coin is the coin of the Binance ecosystem and Binance is currently the largest exchange on the market. If the Binance exchange continues to hold their ground, I think the price of BNB will go high in the future. |
|
|
|
What are your thoughts about the central banks’ digital currencies?
People love cryptocurrency because it's decentralized and anonymous, if central banks issue cryptocurrencies, it doesn't look different from other fiat currencies. So I think that the coins issued by central banks will not be able to compete with bitcoin and other currencies. |
|
|
|
|
Bitcoin gold, Bitcoin sv, Litecoin are quite good investments in the future, those are altcoins that have been around for a long time and have a very good position in the cryptocurrency market.
I don't know much about the remaining coins but I wish you luck and have the right choice.
|
|
|
|
When team do not paid hunter token then we have to fell how much pain work. Although this year i have participate many bounty but just few bounty paid my reward and others already death. However i should leave bounty work soon because i want return my own job in my country but everyday free time i will make trading.
I think everyone should consider bounty hunter work as a side job and get it done in their spare time. You should have a major job outside of your life enough to pay your bills, don't expect too much on bonus programs. Yes, do bonuses with your free time, never treat bonuses as a main job. At the moment projects fail and scams are numerous, the bounty hunter may have to work for months and be unable to gain anything. |
|
|
|
|
I think each investor should have their own strategy in the crypto market, copying other people's trades carries a lot of risks. When you copy someone else's transaction you are putting your money in the hands of a stranger and not knowing if they are trustworthy.
|
|
|
|
|
I think that increasing the number of traders will increase the degree of price volatility.
Any market operates on the principle of supply and demand, when people have a need to buy and sell bitcoins more, the price fluctuation will be constantly changing.
|
|
|
|
I am not worried about this issue, ever since I entered this market, the government has listed crypto as illegal. But there are still a lot of people who use and trade it, so I believe there won't be any problems for me.
We've seen countries like China, India placing bans on crypto in the past, so it won't be astonishing if the president of my country places a ban, making crypto illegal. However, this doesn't stop crypto, it can only cause panic selling and price crash if the country is powerful, example USA. But this doesn't stop people from owning crypto entirely. It's proven beyond doubt that no nation can stop crypto no matter the bans or strict rules they enact. That's right, no one or any country can stop the development of the cryptocurrency market. In the future perhaps cryptocurrencies will share the financial markets with fiat money. Currently many countries have started to enter the cryptocurrency market by issuing their coins. |
|
|
|
|
Anything can happen in the crypto market and no one can predict what will happen next. However historically we can fully expect that bitcoin will do well in 2020. I think bitcoin will hit $ 20,000 by the end of this year.
|
|
|
|
|
Show Posts
