From an emotional point of view, what emotions drive you to adopt cryptocurrency?
Fear of the government? Desire to get rich quick? The desire to be a part of a movement? A little bit of each?
What do you mean by emotion? what might be is reason? I adopt or buy or invest in crypto because if I manage it well it will be profitable for me, I also invest in crypto so that the technology blockchain develops and with that there will be many who think that blockchain technology is technology that can solve the current financial problems. |
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Although now many say bullish and indeed the market is always increasing, but be careful of corrections and don't panic when there are corrections especially buying because of FOMO, yesterday when prices went up and corrections occurred I saw many sell transactions in the market especially large markets, I hope that not because of panic, again don't panic too easily due to correction. Managing investment management is very important and finding out information is very necessary in order to better understand the market.
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Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago, I’m not disclosing my age, so don’t be too paranoia, but the price of everything goes up thru the roof, the only person who salary goes up are (ikr, salary must kept secret because it is case sensitive, don’t tell anyone else!), ok, enough rant! Try to tell your kids to work for a salary in the future, I think they could barely afford a piece of beard!!
End of story! Ciao!
You are right, when viewed from the economy from year to year salaries always go up, but actually it only adjusts to the increase in the price of goods, which is why even though salary figures increase but the value is the same as our salary in the previous year, and we have to think about how to manage inflation is one of them is to invest or buy gold. |
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Do you think ETH may outperform BTC in the next bull run?
If you mean the value and popularity then nope, but with mass adoption it is sufficient to remember the issue where many users said that investment is still the best and large fluctuations generate huge profits at ETH, so ETH should be considered as one of the best investments in a bull run. |
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In my opinion the market will increase does not mean bull run, you have to prepare for the arrival of corrections, I am not fully sure about the current market conditions bullish or still bearish. For a simple strategy is to buy at the time of correction and make sure to buy at a low price when correction, then hold and sell when the market shows an increase, I think this strategy is quite simple and the main thing is we have to predict market value when correction and when increasing.
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Bitcoin is now trading above $7200 and continue to rise from the last two months. Bitcoin is now trading above 50 and 100 weekly MA which is known as a bullish sign. The golden cross has already happened (daily 50 MA crosses 200 MA).
Bitcoin has 14 green weekly candles in the last 17 weeks.
Even after the Tether, Bitfinex fud and Binance hack the price continue to rise.
Is the Bitcoin bull run started?
What are the main leading factors of this bull run?
I am also surprised even when bad news like binance loses 7k bitcoin in my opinion there will be a decline in the market, from what I might some issues regarding some large social media will make the digital currency itself, this information is still not valid. |
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I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
Your advice is quite interesting, but why should we invest 10% -20% to crypto? because of the possibility of rich? the risk in invesment you can lose in it and the money you set aside, 10% -20% can be lost for free, actually I don't really accept opinions about "invest what you can volunteer" while the purpose we invest is profit. |
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Now we face a bull market, so in my opinion the best investment at this time is by considering the risks and benefits in my opinion bitcoin, ethereum, NEM, XLM, Binance and EOS. I think most coins now promise because they are bullish, maybe if you invest when the market is still in correction, then all the coins you have bought have a big profits.
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I want to see bitcoin received in a shopping area, I think fluctuations are still a weakness for sellers of goods or services accepting bitcoin payments, many countries do not regulate or ban bitcoin and if a store wants to accept bitcoin I think it's legal, which is a problem is about transactions and values and lack of understanding of the community towards this technology.
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We are working on Golden Currency project ( https://goldencurrency.money ), where we issue money that is available both in crypto and in cash form. We find the possibility to use crypto money in cash form as one of advantages. We expect that almost everybody anyway uses cash and in such a case the lack of such opportunity limits the potential use of currency. That's why we started the poll to prove it. Would be glad for your votes and comments regarding your view on such an option. I think there are many shops that provide credit / debit card payments, so if you say cash I use it not often because of the ease of payment and we can save on a card then use it in payment, we are in the digital era. but we do need cash because some stores points sometimes don't accept or have credit card payments. |
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I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor. Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money, and knowing that Warren Buffett do not like bitcoin from bottom of his heart, I don't know why, I think learning from Warren Buffett is a big mistake, and I regret reading his books altogether. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.
Warren buffett once said "don't invest in something you don't understand" . From warren buffet I learned about investment and how you respond to your investment. it seems that you are wrong in investing, ok you said you made a lot of money from your investment in crypto, that's because your knowledge is crypto, follow your passion not someone else. I didn't just learn from Warren Buffet because of some thoughts that I didn't approve, Jeff Bezos, Bill Gate and there were still many more entrepreneurs who had intelligent thoughts that I took their knowledge. |
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What we should do for bitcoin to make main currency of whole world
I think we need unity of all crypto lovers to spread awareness about btc to fast mass adoption
What all you think
It will be useless if you gather bitcoin lovers if there is no regulation from the government to legalize and accept bitcoin payments. With all the advantages of blockchain technology where bitcoin is the parent of cryptocurrency, we have to change the government's view of the ease of transacting with digital currency and reducing deficiencies including acts of evil and hacking, that's what I think because there are still many people who don't know the ease of this technology. |
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Not until we start seeing crypto scammers get arrested for real many new investors won't join,I have friends that won't join crypto because of scammers running away with ICO funds forever ,no way to arrest them and get the funds out of them,the few news I read about getting some scammers is not enough ,the more there is an effective way the less scammers will harm crypto
That is why scammers are a major problem in the development of ICO/IEO, unlike in early 2017 where such incidents are rarely found and developments in that year are very good. Increasingly here more and more are easy making tokens of use scaming on behalf of the ICO project, as you say it is difficult to reclaim investment and imprison these fraudsters because the cryptocurrency does not yet have strong evidence to do so, even though the transaction or digital footprint will always there but without identity information it will be difficult to do it. |
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I see price growth and ethereum charts getting better. Although it is difficult to reach $ 200. Well, this is a good opportunity to start buying ethereum. Is this a good idea for now? Let's discuss it. Thank you in advance.
Calmly waiting for the bitcoin fluctuations to slow, here transactions in bitcoin are faster and if it slows it must be the altcoin's turn to have fluctuations and fast transactions, just how the market moves. If seen market movements are always bullish so if you believe that you will buy several altcoins before bullish, just wait for the turn of the altcoin after bitcoin. |
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The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
If talking about the strategy depends on your analysis of the market, for me quick sell maximizes profits, here every increase will definitely have a correction so before there is a correction I choose to sell with a profit from what I target or get. It's just that for this time the correction isn't here yet and I don't think there's a correction this week and maybe the increast continues, if you decide to hold it is the best choice and a quick sell is also good. |
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Been involved in the crypto market about 18 months and getting back into it this year after not doing much at the end of last year. I am trying to figure out the best straggly for building my portfolio with the aim of 20x my investments is euro terms by year end by trading, long term investments or staking
Since doing more trading in the last few months I have noticed a pattern. I seem to be able to double small investments in shit coins quickly like in a week or so and get 30-50% gains in a few days but cant compound that long term or with higher amount of cash. When I say low amount of cash I mean like 50€. I have one investment of 50€ and based on current estimates I should have doubled that in a few days
Now obviously if I could compound that weekly or monthly it would be amazing but cant do it. Heck even if I could double €1000 every month and remove profits it would be life changing.
Any advice on moving to the next level or what I need to look at in order to reach my goals
Coin shit is just manipulation and small volume, I don't think it can help you in achieving your goal of doubling your investment. Try to invest in coins with a large community, because in my opinion it has more potential to achieve your goals especially with large volumes and big profits for you. The problem is how we make these profits because the market is very unpredictable. |
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cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?
The problem that is often encountered is hacking, here in my opinion to avoid hacking is to move your assets to offline wallet or ledger. Considering when we are online with a network, the possibility of hacking will be there, based on my knowledge of information system security, the first thing you have to do is use a difficult password, second, do not upload or browse sites that are at risk of phishing. |
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I do not know because bad and good news can come at any time, so far the market has begun to show corrections and repetitions that occur repeatedly and in my opinion this incident will continue until the end of the year, again this depends on the news. When viewed from the news, bitcoin will experience improvements starting from security, this thought because scams and hacking are problems that we often encounter, yesterday binance lost 7k bitcoin because of their security.
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The crypto market is getting new people everyday, Because the crypto coin trading system and the high price of bitcoin. Btcoin is being popular over the world. After hitting 19K USD, Lots of people came here and more people is coming in the crypto platform. But, is it good news for us or bad? What do you think?
It depends on the thoughts of the people who come in, it can be good because the adoption of the time has increased, and can be bad because it can destroy the market with some beginners who do not understand crypto fluctuations and the risks. Actually from my monitoring many people enter when bitcoin prices from $ 7k break through $ 14k and from there adoption increases so that the value on the market becomes 19k more, when there is a decline or bad news in the market the market goes deeper due to panic and is comparable to magnitude of increase. |
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bitcoin has gone up to $6200, but why is ethereum still stagnant at $170. Does this mean that ethereum won't rise again?. I was thinking of buying ethereum but if I look at it like this I might cancel it.
does this mean that ethereum will be one of the altcoins that won't rise in the bullrun this time?
Are you sure this is bullrun? Throughout this week I only saw improvements and corrections, there is no pump in my opinion, regarding ethereum prices I think it's still a correction, if you just look at prices without knowing information and reading canlde then you have a bad strategy, because we have to add some other aspects to reach the right decision. |
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