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If your tokens are stored in your wallet, perhaps your closest person will not know your key. When a person dies, there is a high probability that the tokens in the wallet will disappear forever, which is equivalent to being destroyed， So that the price of the currency can be increased even higher, but if you tell the closest people the key, they may sell a large amount of bitcoin after you die, which violates the consensus and characteristics of long-term bitcoin holding.
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To be honest, the US attitude towards encryption has a great influence on the future of Bitcoin. It can also be said that it determines the future of Bitcoin. In the United States, although the United States has some dissatisfaction with Bitcoin, many capital consortia use cryptocurrency or cryptocurrency, but the United States will not ban it. I think the United States is one of the biggest supporters of Bitcoin.
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We are also selective about altcoins. Although most altcoins follow the crypto king Bitcoin, some rubbish coins are very risky. Before investing in altcoins, you must analyze. Don't be blind. Choose some mainstream coins, I am a big fan of BNB ETH.
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Bitcoin is declared dead by many people, but it will return as a victor every time. After each plunge, it will still rise, ups and downs. However, the recent suppression by China is clearly a more critical issue. Although it will affect, but the problem is not big, he will still exist, and the future can be expected.
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When I entered the crypto market as a newbie, I knew very little about it. After studying with friends for a while, I started to understand how to look at the situation and bought Bitcoin. After all, Bitcoin is the leader in encryption. Therefore, some people who don't understand the encryption field just hear these things they don't understand, and have no practical experience.
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I agree with this view point. Due to market turmoil or some negative news, too many newbies are selling their bitcoins. This is still a consensus issue. The future of Bitcoin is full of hope, so please grasp it. Under the demand of the market, Bitcoin will definitely return again.
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This is already obvious. Some countries have replaced the original currency with Bitcoin. I don’t know how long the policies introduced by El Salvador will last. I really want to see how it turns out, but if I choose to pay, I would still choose fiat currency instead of Bitcoin. I just want to keep Bitcoin, and I don’t plan to use it to buy Tesla or other large items.
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I don't trust these so-called senior experts, and I don't know how they made such predictions. Don't blindly follow them. Although the market is indeed turbulent, if you hold it for a long time, please continue to stick to it.
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My friend came into contact with Bitcoin earlier than me. At that time, I was unemployed and at a loss. I have no plans for the future. A friend came to me to chat and listened to him talk about the market trend at that time. I took the initiative to ask him about the Bitcoin network and technology. This is the beauty of it. I often discuss the latest market situation with him. I slowly joined this big family, and then I told my other friends about my wonderful experience of using Bitcoin. They are also fascinated. I think all things can only be experienced through personal experience.
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Hello, your post is not rigorous. The Chinese government only prohibits Bitcoin mining and does not completely restrict Bitcoin transactions. Bitcoin transactions still exist, and will not give up the value of Bitcoin because of restrictions on Bitcoin transactions. I think The value of Bitcoin is far from reaching the height it should be. I will continue to hold and be optimistic about the development of Bitcoin. Blockchain has a reason for its existence, so it must have its value!
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First of all, I think Bitcoin still has a lot of room for appreciation in the future. At present, the users and user groups I have observed generally have a consensus that Bitcoin will rise in the future. Bitcoin is the king of cryptocurrencies in the blockchain. Since its birth in 2009, Bitcoin has left a very big impression on the blockchain and has become the legal tender of some countries.
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Virtual digital currency is based on blockchain technology. At present, many countries are conducting blockchain research. Bitcoin and other virtual currencies have a bright future and will stimulate people's interest in decentralization. The best way is to take a look. Compare the Bitcoin price and the number of users ten years ago with the current one.
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Bitcoin itself depends on the market, and the market determines that it is greatly affected by funds. When liquidity dries up, no economy or finance can easily get out of it. But I don't think the global economy will collapse completely and easily.
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Singapore is the center of Asia's blockchain. The government is very friendly to blockchain. Because of precedents, the Singapore market also contains many companies in the blockchain industry. It is easier for everyone to recognize and get the goodwill of users. Although Singapore is a small country, the government has a strict system for foundations and enjoys a high reputation.
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I'm pretty sure he is manipulating the market. All his tweets have affected the market. Is he trying to prove his cleverness? It may be more for profit. I don't quite understand what his motives are for him. Every step of his is calculated and is his conspiracy. Now I don’t believe his tweets anymore.  |
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Newbies who have just entered the currency circle still choose some mainstream coins, which are suitable for long-term holding, and there are more short-term altcoins, but I am very optimistic about HTMoon. I plan to hold it for a long time. I believe it will bring surprises to me in the future.
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Being rich does not refer to how much money you have saved, but how you treat your life. In my opinion, a wealth of knowledge is really important. Knowledge enriches your life, knowledge will also drive your economy, learning is a lifetime thing, this is an indispensable wealth for people.
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Legend of “BearWhale”
The first notable whale incident with Bitcoin dates back to 2014. The infamous whale dubbed “BearWhale” decided to put up his entire position of 30,000 BTC up for sale. He later said he did this so he could capitalize on his investment gains and retire.
He put an order limit for 30,000 BTC in to be sold at $300. He realizes now he could’ve made more money if he would’ve worked on a better sell off strategy for his Bitcoin position. Instead of having a sound selloff strategy, he put up a massive wall with his large 30,000 BTC sell order.
This sell order caused a considerable stir in the Bitcoin community. Nearly everyone was worried that there was a larger conspiracy to lower the price of Bitcoin permanently. Everyone fought hard and successfully absorbed his entire sell order. This has already happened in 2014. Judging from the recent situation, it is clear that whales manipulate the market in order to bring them huge profits. What Musk did had a great impact on the market. Don't be affected by the panic in the market, because after their operations, most of them are retail investors, and they are most affected. |
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Bitcoin is very influential as the largest cryptocurrency. Many investors tend to invest in Bitcoin. Some people are now infiltrating new and innovative altcoins. The price of most altcoins usually follows the price of Bitcoin, but sometimes when Bitcoin falls, the price of altcoins soars. This is because some investors withdrew funds from Bitcoin and turned to altcoins.
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The whale making waves in the crypto market will cause people to panic. As an ordinary person, buying and selling will not cause volatility. Like a series of chain reactions triggered by Musk's every move, he did have a great impact on the market. This is only temporary and we can't stop them, so they do what they do and we do ours. Don't sell off emotionally because of certain factors.
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