This is very funny topic, I started to laugh right after the first sentence: The first problem you can have is - eyes problems.
What kind of problem can you have if you work on some farm, or some field, or you are digging wholes? Every job have some risks, potential health problems, you need to find a way to protect yourself somehow. Maybe by this topic trading is unhealthy, but for sure its less unhealthy than some other jobs you can do to make some money for yourself and your family. |
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Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*
What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?
Yes of course top brands take these people as their brand ambassador so that their products get high sales and a goodwill is created. So obviously when the similar stars will promote cryptocurrencies & related companies people will surely get attracted towards it & feel more confident whilst entering the world of cryptocurrencies. This openness will create a positive attitude towards cryptocurrencies & might even help in surge of price as we have seen in past the statements of some popular people have always laid their affect on the prices. Justin Sun and his tron have Kobe Bryant, as I remember from couple months ago, he spoke at their conference. Famous people attract the masses, their actions are being monitored by many, and people tend to do same things like their stars. But what we have from that. Economic growth of bitcoin and other cryptocurrencies will show a positive impact for all the people who own some bitcoin and other cryptocurrencies, famous, celebrity or not, its not matter. Good for Serena Williams and her decision to get into cryptocurrencies, but people should ask themselves do they have cryptocurrencies? When bitcoin economy grows Serena will have positive impact on her money stash. what about you? |
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Bitcointalk name: Barbut
Bitcointalk Rank: Hero Member
Telegram username: @barbutbarbut
Twitter handle: @bitcoinluck
ETH Wallet Address: 0xCf9B2Fe3C1DCcc0386F43923b1987C80A70Ac04E
Wear Appropriate Signature: Y
Wear Personal Text: Y
Wear Avatar: Y
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Many interesting comments here, I enjoyed reading. We must agree on some things, they are big! They are crazy big and they are rising. I dont like them so much, but this is a fact! They are very active in fulfilling their plans, they are doing something all the time. I think they will grow more, definitely! Are they a threat! For sure they are some kind of threat to all other projects, like always competition in crypto is getting harder and harder, that is good for us all!
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OP is legendary member, I must remind him about few years ago, we had talks about the same thing here on forum. I believe that every person disappointed in banks will join blockchain, and you know what, there are many people disappointed in banks currently and entire economy system. if we see the hyperinflation situation in South American countries like Venezuela and Argentia and Brazil we should understand how important crypto adoption for such countries to survive.Coming years we see crypto will play major role in country economy
I think that country from that continent will make some changes faster than others. Argentina made a bald move with announcing that they will follow every investment that binance make. From Venezuela we have many kind of news, looks like they are very crypto oriented. I think that cryptocurrencies will play major role in global economy in next 5 years. |
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I am expecting a downturn but that can very well be reversed if volume keeps on increasing. So, I would suggest you to not take risk and get in right now. Even if the downturn happens, keep you stop losses in place. But it will not harm to invest at this point. Market is bullish in short term chart. You will be able to earn some decent profit in short run if not long run.
Expectations in crypto will often lead you in frustration. You think it will rise, price drops, you think it will drop to buy more price rise, its my day trading experience basically. In long run prices are rising, so if you have plans to invest do it when you can, after that its all about for some huge rally, what happened before and what will happen again. There is huge difference between making profit in short and long run, first try to learn and after that it will be easier for you to earn, one leads to another, if you dont learn you will lose. |
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I started with MEW and now I use metamask, kinda easier to have metamask and use it, along with some services that ask you to have metamask if you wish to use them. For almost a month or two I`m using atomic wallet ethereum address for some eth tokens, its nice wallet, I think I will use it much more in the future, they are wallet that supports many coins, tokens, and I think they are working really hard to stay up to date, people should try atomic wallet for sure.
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I only advise you not to play in trading if you don't want to wait longer, there is no main capital to start it all.
You can actually still trade without waiting longer, you just need to be a day trader. This market is volatile, so you can play with the price and if you are good enough with your analysis, that's automatic profit on your side. I don`t believe there is such thing as automatic profit in daily trading with cryptocurrencies. My daily trading experience was bad, sort of speaking, I lost a lot of money in trying to make some profit. Math in the end is that I lost much more than I made. For me longterm trading is much better, I carefully choose my investments and I patiently wait them to grow x2 minimum. I, like most of the people, had a first touch with trading short after I introduced with crypto. I think each of us needs to walk trough the fire before finding the most suitable strategy, for your skills, your time to deal with it, your knowledge about crypto. |
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He is not totally wrong because the possibility of it happening is there. It can happen. If bitcoin can fall from 20k to 3k, then it can reverse from 6 to 3. Right now we are not totally out of the bear market. We are starting to get into the bull but there is still that chance that it will suddenly reverse.
With bitcoin price predictions nobody is totally wrong, until moment comes when we see the price and we know who was wrong, who was close, and in the end who was right. We all know that anything is possible with bitcoin, there are just lower or higher chances for some price prediction to be accurate in the end. Yes it can drop, but it can rise too. Bitcoin needed less than a year to rise from $1,000 to $19,000, anything can happen, anything can happen fast, so be open for everything is my advice. |
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Well nobody know what is the bottom of bitcoin maybe that time 3000$ next time it could be 1000$, but people need to see the potential in the future, see how well the adoption and the market condition, bitcoin has been progress so well, so invest for long term will still profitable, now the price has been moving upward and I believe the price will keep on going up, dont keep on waiting, dont miss the train and then regret
In 10 years it will have little or no significance did someone bought at $3,000 or $6000, price of single bitcoin can be very high in 5 years, more or less. Its not the point in waiting the train, its having a ticket for that train, having a ticket means that you have some coins. People mix trading and investing, trading on fluctuations and earning from that, it can be profitable but you can lose money like that too. There is no guarantees that you will make money with trading and investing, but with investing and just holding you are risking a bit less. |
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Decentralization. Everyone is talking about it. Can cryptocurrency lead to the disappearance of banks. Or will banks be able to adjust and remain in power?
I think crypto will dominate the banks. or businesses in crypto will use blockchain technology to serve customers at cheap rates and classic banks will die. In short, in the future, banks must soon improve their money transfer service if they do not want to die.  But we should not forget that banks infrastructure is too big and can manipulate market. But if crypto growing more bigger and many project success deliver their product, i think banks will adopting cryptocurrency into their bussiness They are big, and taking them down will be a long process, good thing is that process started already. Banks are against cause crypto is ruining their business model, for many things now you dont need to use banks you can choose to use cryptocurrencies, and that my friend is taking a piece of cake from the banks, nobody likes when someone is taking a cake from them. I believe that banks will need to transform their business model if they wish to survive in this digital era. |
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This is funny, actually! If you consider that bitcoin started from zero and now its $5,200 in just 10 years it`s more like bitcoin is at the rise right now! People see that spike in 2017 like a natural price of bitcoin, well it isnt! Bitcoin can cost much more and it will one day, just that day isnt tomorrow.
Most of the people who start this kind of threads are the ones who bought on top. Speculations and earning from speculations is totally different from investing in rising technology and waiting for it to show full power.
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I understand that the cryptocurrency Market moves in the direction of speculations and also the factors of demand and supply could influence price.
But I am confused as to which of these factors triggered the recent surge in price that we saw recently.
Can't really say.
Well, sometimes the prices move without any TA and FA and it is the whales who actually manipulate the market and surge the prices for their own benefit. The fluctuation we see today that is causing the market to really fluctuate is as a result of people’s impatient, no matter how hard we preach this, it is unfortunate it still comes to play every time BTC tries to spike, our impatience brings it down again because most of us with small investment can easily move our fund out for the profit. But, this action of ours selling off is really discouraging some investors who would like to invest in a stable coin because of the purpose they wish to use the coins they are buying for, like you said, we should learn not to sell early so we can keep the market stable and green. Years of hard work! Behind every rise, behind current price there is a lot of people who sacrifice everyday for the past 10 years! Most of us here are heavily involved in crypto in past years, each of us gave some contribution, each of us spread the word and introduce new people with crypto almost everyday. When price is rising, hard work is paying off itself! |
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Yobit is not trusted by many in this forum. If that's the case, I'm too will not trust that site. I guess what you can do now is to contact their support. And/or open a scam accusation in this forum to raise awareness regarding what happened.
Well just speaking for myself here and i'm not defending yobit because i carry their signature, but they still have a running campaign and i have funds there as well that hasn't been having problems so far. Been able to make withdrawals and transfers decently. I've read a lot of issues about their support team and i agree it needs vast improvement but i've been dealing with them for probably 5 years now. I guess we just get to choose our own risks eh? 😁 I was in their campaign few years ago (its funny how fast time is passing). In my opinion they are slow site, with very slow support, I dont like that they add new coins almost everyday, they dont even check them probably. They last for years, just I dont use yobit for years and I dont have any plans to return there. Good luck with risking on yobit, I`m sure some people there are making profit, but on other side many people constantly lose. |
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Its confusing to know such thing because you are full time trader how is that even possible, maybe you should change your strategies for better since it seems that it is not working. Sad to know but as a full time trader you have to find out the things you need to do in order to earn, because if you are really determine then you will do anything you need to be responsible especially in making decisions. Some trader have experienced losing money and to now the reason why they search for more information about trading to enhance their knowledge about it. When it comes to trading I tend to use Darb Finance because it is one of the most secured financial asset trading platform. Same thing happened to me, I was a full time trader, when ever I sit on the computer I open couple exchanges and I start with trading, as long as I sit in front of computer I trade. Like I said many times here, I didnt have success, only later I found out other strategies that suit me more, now I`m making profit. Its a road that each of us needs to cross, from losing to making profit, look at that like a schooling. |
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Banks are still going to be necessary for the years to come, government and central banks, are using banks to lend out money to the general population. I think banks will slowly add stable coins to their business, making it cheaper and much faster to do cross-border payment. Bitcoins will become a store of wealth with low and falling inflation and a max supply of 21 m, this will lead to an endless price rise for Bitcoins vs fiat.
This transition from banking to digital system last a decade, I`m counting from the time when bitcoin was born. We are in transition since than, crypto community is growing bigger each year, people starting to realize that this is the future of money. Decentralization is not just a word anymore, now people can choose between decentralized system and centralized banking system. Bitcoin will beat banks in the future. Banks will have to adapt to digital future, paper will be a history very soon. |
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If you want to be rich then invest in technology and enhance your skills, dont think to be rich by gambling and short cuts they often lead to waste of the little money that you had. Invest in yourself. I have experience in this field, now i tend to focus on myself and learn new skills by which i can help society and in-turn help myself. No more shortcuts.
I don't think there is a shortcut to being a rich person. everything requires hard work and a strategy to do that. besides, there are many ways to get rich, but all depend on skills. you're right, of course we also have to add skills. when you are interested in technology, crypto is a good foundation for you. rich man always sacrifice their anything they have.they really start it full of sacrifice.maybe they ever in lowest point and feel give up with their condition at that time.and i am agree with you crypto currency could be good place for us. $10 invested in bitcoin in 2010 now worth millions of dollars, being rich is investing in the right moment in the right thing, you dont need to invest a lot, you just need to find a right thing. Cryptocurrencies are great investment, many people are rich from investing in cryptocurrencies, its not over yet. There are many projects that are under a dollar, they have a chance to rise a lot in next 10 years, you need to find those coins and invest in them, after that all you need to do is to wait price rise to come, its not so hard. |
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I have computer and laptop, both running all the time, doing something. For trading I use both of them, depends on which exchange I need to use, on lap top I have some old accounts, on new one new, but pretty much I`m active on both of them.
What I can say that for my trading is that I dont need much, with two computers I make my work much easier for me, but you can do it with one lap top too. Longterm trading allows me to be active when ever I want, not when market dictate, so I don`t need everything open and running for trading, waiting every day for good moment for trading.
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