This proves that Bitcoin and cryptocurrencies are appearing more and more in life, people are talking about BTC more. As long as such news appears more and more, the world will one day accept BTC.
|
|
|
Can a coin with very low 24hrs volume still brings profit? For example zclassic, the volume isn't even up to 20k in 24hrs, is it worth the risk or it's a big no for you? What do you think about this?
Currencies with low trading volume are those that few investors pay attention to and invest in. Obviously a coin that few investors notice is a quality cocoon or is on the verge of collapse, it is best not to invest in such a coin.
|
|
|
I think in the future stablecoins will coexist with fiat currency but it cannot replace fiat currency. While stablecoins have many advantages over conventional currencies, they are often privately owned, and governments will not allow a privately owned currency to replace their currencies.
|
|
|
I think trading is a profession and it appeared a long time ago, before the cryptocurrency market there were a lot of people trading on the Gold and stock markets. However, this is a profession that requires a lot of things, you need to have experience, knowledge, skills and always learn.
|
|
|
yes by seeing Btc dominance i thought it may be Good to see how altcoin will react but till now there are many coins already been pump 5-10x from the bottom so they will make new ATH or its been done i mean old bag holder are still finding there way to get out of this ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Be careful with this pump, most of them after strong pumps will be a huge drop. At a time when the market is currently growing hot, it is necessary to calm down before making investment decisions.
|
|
|
However, there are still a lot of new coins and they are very cheap, if we can choose correctly then everyone can still make a great deal.
It is not impossible for some of these shitcoins to succeed in the short term in the sense that their price is inflated - but then we are only talking about the classic pump/dump scheme, and the skills of individuals to make a profit that way. But that only means that the minority will profit from the ignorance of the majority, and this could easily be called a fraud if there was a global regulation of the crypto market. Someone creates something that has no purpose, is based on a false promise and requires an investment - but in 9 out of 10 cases it leaves the majority in financial loss. Bitcoin is far from all the false agenda of "our coin is the best - we will solve all problems", and it is also the only one that is not centralized, so on that side it is really unique. Well, no one doubts about the uniqueness of Bitcoin. However, you don't need to regret not buying bitcoin in the first place, we still have a lot of good and cheap coins in the market. With careful research and a little luck people can still make a big profit.
|
|
|
I have BNB and LTC on my list Binance coin seems to be the new star in the market, the developer of this coin is doing their job very well. Litecoin is also a coin that is well priced to buy.
|
|
|
Ok so if I convert Bitcoin to Ethereum I know I will be taxed. If I convert Bitcoin to GUSD, will I also have to report that to the IRS so I will be taxed?
People on this forum do not know where you are from so they cannot answer your question. I think you should learn this in the local community where you live, surely someone will understand tax law and give you the correct answer.
|
|
|
I keep feeling hesitated and crypto keeps growing, enough is enough, I'm new to this space and I'm looking into investing in altcoins, I have 1200$ in USDT right now and I can only take risk with 200$, I'm looking into vechain and harmony, looking forward to hear from people on here, are these two altcoins worth the risk? Can vechain hit 1$ in weeks??
Well, if anyone can answer your question correctly he should buy Vechain now instead of going up here and offering advice. It's best to make your own judgment when deciding to invest.
|
|
|
At the moment TRX is on a very good level and its price has reached the price of 0.1 $. I think this is a good price for this coin, if you invest in it and wait until 2025 you will probably make a large sum of money.
|
|
|
3. Lost due to invest to scam ICO, thats why you need to choose and dio research about ICO.
There are a lot of people who lose money on scam ICOs, it was a really bad experience. I also used to lose money with scam ICOs, after attracting the investor's money the ICO development team was gone and never came back.
|
|
|
You are not alone, most bounty hunters receive nothing in 2018. The year 2018 was so bad that many bounty hunters had to leave their jobs in search of something better, and those remaining in bounty hunters were struggling a lot.
|
|
|
I found a video of Mark Cuban explaining this: https://youtu.be/QEoBeIdwuRgDo you think Ethereum has potential to become store of value? Why or why not? I think so, because the gas fee of Ethereum which is too high. So, Ethereum is a store of value or just an investment and not a currency. People now always find other coins with small transaction fee in order to withdraw and lessen the gas fee if they use ETH. Even me I rather use XRP for withdrawal transaction or AVA coin to prevent a large amount of transaction fee. In fact, BTC and ETH are becoming gold and silver in the cryptocurrency market, with high transaction fees and price fluctuations leading people to use ETH as an investment rather than a currency in transactions.
|
|
|
Retirement funds are usually reserved for the elderly, so I think it makes sense to spend 5% on Bitcoin. Cryptocurrency and BTC markets are very volatile, it would be risky to invest too much in this market.
|
|
|
Yes, this is an almost never second chance, many lucky people have become millionaires because of bitcoin. However, there are still a lot of new coins and they are very cheap, if we can choose correctly then everyone can still make a great deal.
- There are a lot of second opportunities coming to us in the future but that era will probably be out of our reach because a phenomenon like bitcoin is really difficult to emerge, it takes decades and the brains of geniuses come together to come up with such wonderful initiatives. Therefore, I am very interested and spent more time on this opportunity, a lot of people here have gone a third of their lives, their lives in the future will be greatly affected by bitcoin, good or bad, regretful or happy, it will all be determined by our decision and the method of placing our orders. There are always people luckier in life than others, but I think opportunity still exists for everyone. success will definitely come to those who work hard
|
|
|
Yes, this is an almost never second chance, many lucky people have become millionaires because of bitcoin. However, there are still a lot of new coins and they are very cheap, if we can choose correctly then everyone can still make a great deal.
|
|
|
If people who bought Bitcoin in 2017 hear this they will probably tell you that this is not true. The majority of people who bought Bitcoin in 2017 lost money over the next two years.
|
|
|
I think it's best to keep your money in your personal wallet, even the best exchanges are vulnerable to hacker attacks. Even exchanges like Coinbase and Gemini are still vulnerable, and people can lose their money.
|
|
|
Bitcoin is now used by people more as an investment vehicle than a currency, and perhaps in the future Bitcoin will still serve as a vehicle for investment. Will it only be used for investing/speculation as long as its price is this unstable?
It is clear that anything with a volatile price can be used to invest, from gold and stocks to other currencies.
|
|
|
For a prediction, which one new people will buy more, we can only guess. What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?
If you only have a small amount of capital then buying altcoins seems to be a better choice, as the small amount of capital invested in bitcoin does not seem to bring you too much profit. But if your capital is large, investing too much in altcoins may seem like an unwise action, altcoins are very volatile and you could lose your money. Personally, I think splitting the capital and investing in both BTC and altcoin seems to be the best choice. Aside from eth, I can see that BNB is a good addition to your portfolio. Their BSC platform is now getting busy because of these new projects. Sooner or later, BNB will improve more in the market. They can easily reach $300 in few months if the interest in BSC platform will continue to increase. But this is just my opinion, you can also do the assessment on your own. Since the OP is asking for potential alts that new crypto users will buy, I am just presenting this idea for consideration. BNB seems to be a very valuable investment right now, the price of BNB is still quite cheap and it has the potential to grow in the future. Besides that every time Binance exchange will buy back some BNB and burn them, this will cause the price of BNB to soar.
|
|
|
|