Yes you are correct there are so many ways to promote it and for so long it has been evolving. We could see that as time past by there are many entertaining ways Bitcoin has been promoted, There are memes,cartonized animated clip and GIF I could say that those are really effective and entertaining it is worth it to look or watch them.
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I don't think that there would be a negative effect on BTC when it gets connected to porn sites. We all know that porn industry is becoming more and more active and porn site have so many visitors so it could help promote BTC. I also think that this would also help the porn industry if they would accept crypto for payment on their site then there is a possibility that the number of premium user or money spender on their site would go up.
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Again with the CoronaVirus thing? Why should it be connected again?
Why not just ask if bitcoin is a good asset as of now? Yes, it is. That is how they think by now. Maybe you ought to just do the same. Although it should be in the currency line, because of not much usage it became like gold which will just best to be kept. You decide.
I think we should get used to it people would create all sort of things about corona virus and bitcoin. And for OP's question I would be blunt for you, You have seen how the market has been do you still consider it as a safe haven asset? There are still some other investment that is far more safer and stable compare to BTC.
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Nobody could help them but their own if they wouldn't do anything they couldn't be cured at all. They need to acknowledge their gambling issue first before they go ask for other people's help. Because as long as they don't accept it on their own nobody could convince or help them.
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I prefer trading over investment but I guess it would be different for everyone. I prefer trading because I have time to study and watch the market and I could do it freely, But for those who doesn't have enough time of course they would go to investment since it would be hard for them to watch the market from time to time.
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Why would the panic of corona virus affect the market? There is no need to sell their crypto at all since it wouldn't even affect the virus it wouldn't cure or lessen the virus spreading phase. It would only affect the market if the victims of the virus are crypto holders and they need to convert it into Fiat in order to pay for their medications. But for those who doesn't need medication or have enough money to buy some mask for prevention then I don't see any point for those to sell, Unless they really want to quit or they are willing to lose some money.
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Now that you'be said it I guess they are both similar, Both of them would need a proper knowledge and research about it in order to gain profit. And both of them are unpredictable sometimes miracle could happen and change the whole game/market.
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Bitcoin would forever be appreciated because it was the first crypto currency to be successful, It is the King and it started the cryptocurrency era so it would always be part of the crypto industry. Maybe in the future some crypto would replace it but it would forever stay in the history of cryptocurrency.
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Any coin that get listed through voting is not that great, they don't deserve binance in the first place and they manage to get listed freely through voting, I won't invest in such coin because the price will surely go down after a while
I also agree with you and I also thinks that most of the voters only did it to dump their coins. This is why I keep distance to the new listed coins specially if they got listed because of the votes. They are holding their project's fund and depending on free listing.
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You should be aware that it's always going to be that way. - Introducing a new Project
- Providing a roadmap
- Goals
- Terms and Conditions
- Execution
No matter what the reason for the developers to make that, it's always going to be about collecting money. People should be used to it already and be vigilant when investing in projects like that. Exactly, It is hard for investors to know which project would really execute their plan and keep on their road map. This is also the reason why ICO is already dead and no one trust them even if their developer and team are dedicated to their work.
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Why choose only one alt-coin? Wouldn't it be more safe to spread it out to lessen the risk? For me I would choose ETH,NEO and XRP choose only those who are the best and have a good team and developer.
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Why would we even say that it is a failed experiment the fact that it already survive in more than a decade, It have more investors now and also so many huge business accepts it should be enough proof to say that it isn't failed experiment.
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If it is for daily use of course we would prefer Fiat over crypto, But for holding or saving up I would prefer crypto over Fiat to take advantage of the high volatility and to gain more. Even if crypto could be used for payment in any transaction people would prefer to use Fiat currency over crypto because of it's chance to increase it's price due to demand. Most of us are eager to see it being accepted but doesn't want to use it even if they could because it is an investment tool for most of us.
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Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
You are not alone my friend sometimes I also feel that way and this situation reminds of this video. There is always a risk in investment so we should always be prepared for it and always make some back up plans because it wouldn't always go as we plan it. It is hard to predict what would happen next in crypto market it could always continue to go down or bounce back so we should always remember to invest only what we could afford to lose, Don't put everything on it.
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There are so many gamer's who earn through live streaming, And I think crypto would be the best to make some donation or for them to earn. I hope that there would be a platform that would make it happen. And also I hope that there would be a platform where we could buy some in game currency for some online games like Ragnarok Mobile,ML,Garena and other online games too.
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The problem about those who are convincing others to invest in crypto is that they are so lazy to teach the one's who are really interested about it. The misinformation's the bragging of income and other achievements from crypto just to get their attention and to convince them to join too, Are the problem's that should be fixed this is the reason why there are so many crypto investors who are losing their money on the market, They just jump in without the knowledge of how to do things they just jump in because someone told them to do it because someone shown them how much they could earn without teaching them how to earn it properly.
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The problem with those new listed alt-coins is that they would only be good for a short time but would ends up being dump the next. Traders should learn to research about the project on what do they intend to do what are their plans and how would they be in the future. Don't just pick it up because of the sudden increase of the price you could end up losing your money instead of gaining when you missed out the opportunity to sell it back when the price started to drop down in a short time.
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If it is for the long run then OP I think now would be a good time to buy some while the Bitcoin price is being dump. I don't know if this is the deepest price that it could get right now but for me I think it is already at it's limit if the price continue to drop then maybe we could see it at $7.8K-8K. But for the long term investment I could say that it is already at a good price.
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We should have done this right from the very start but I guess there isn't something like being too late in crypto. It would always be better safe than sorry so we should really be more cautious than ever, We have experience the rapid price increase in 2017 and also the rapid downfall of 2018 so we should be more cautious right now that there are more people who are trying to create FUD and FOMO.
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