The volatility of cryptocurrency might be one of the reasons to discourage small business from accepting any crypto payments in exchange to their goods, perhaps if usdt is being considered they might, because a small business might not be able to bear so much loss during bear season
Actually, it can still develop because even small businesses will certainly when paying even though using bitcoin also the estimation should be paid using USD or maybe their country's currency and it can also be converted directly when payment takes place
|
|
|
in my opinion in the future bitcoin will be increasingly popular and adoption of bitcoin will increase. because every year the number of people who know bitcoin increases, the number of bitcoin ATMs continues to grow and the countries that legalize bitcoin also increase. this proves that the future of bitcoin is getting brighter. and I'm optimistic that with more people using bitcoin the future price of bitcoin will be even higher.
nowadays too many countries have also begun to see the potential of bitcoin. they assume that bitcoin can be a new differentiator in conditions like now in the era of technological development. regarding the expansion of atm may be hindered permission from each country about it but hopefully every country can re-evaluate it
|
|
|
Emotional control is not easy because now it is one of human nature. if there is a decline in our assets there will certainly be panic in ourselves. experience is what will make emotions will be controlled. because if we are not used to the feeling of emotion will not disappear. everyone must experience it when trading
|
|
|
Invest in learning first before you make investment in the cryptocurrency market. It is better to have knowledge first before to make investment. We should understand the risk that we are facing.
All explanations regarding the steps before investing in cryptocurrency have actually been explained by many people in this thread. of course there must be knowledge of knowing cryptocurrency. because there is no way we can get a loss from the investment that we are running do not want to get a big loss
|
|
|
Holding is the best strategy for anyone who don't want to take risk but expecting short term gains may not be available always so you have to be patient until the price moves up from your cost price which is simply in buy low and sell high strategy.
Hold is not a strategy of a trader because they already have indicators to be able to see the condition of prices that will go up or down if we holders can't guess the price will go down or go up because we just hold it without further analysis of the market and this is very detrimental for us
|
|
|
Low-volume coins will be removed from the market. New investors are not entering the market. A new story must be written for this. Bitcoin is no longer a legend. The price crashed from the very hills to the floor. We need a new thrill. Then the money will flow to alternative coins.
Low volume coins issued from the market are very useful for stabilizing the market. Low volume coins only make the market look bad. although bitcoin and ethereum have low prices but i think now these two coins are still the best and we can try to choose potential alternative coins such as ethereum and bitcoin Altcoin with a fairly low trading volume is indeed a big risk to invest. what is meant is altcoin with low trading is not about bitcoin. if the current bitcoin is down is not due to low trade. Talking about the future of altcoin depends on all parties including the main role of the developer in developing projects so that they can be realized as promised and that's where I believe the price or the future is good enough
|
|
|
Usually what makes someone fail in scalping or trading on a daily basis is that they cannot be consistent with the plan that has been prepared. the result of greed is causing chaos in planing trading. this is usually what I face or scalping to be applied.so that emotions can be controlled is indeed quite difficult in practice
|
|
|
A lot of exchanges are doing fake volumes its been an issue for very long time. They can’t really hide their secrets and traders will raise suspicions due to orders are not acting normally. Some of them are having complicity with newly funded projects to pump the price but investors can’t even deposit or trade their tokens on the particular exchange.
This is a way for them to attract traders so they want to invest in their exchange or they want to trade on their exchange so that their volume increases. but this method is not appropriate because they manipulate many people and also deceive many people I think people today can tell which exchanges are good for trading and which are just fake volumes. all of that can indeed be analyzed to be able to prove it from research to which community they believe to be a trusted exchange
|
|
|
A transparent team is a team that is completely open in everything, both in performance and everything in the whitepaper, but now a lot of ICO's are really transparent and this is used by people who are not responsible for cheating everyone, I think crypto should be even more serious in solving this problem maybe by having more terms and conditions for creating an ICO.
This is happened because the ease of creation erc-20 tokens. And people who want to scam just need to make a static website which just cost less than $50 if they want to hire someone to make it. And one social media admins to handle the tricked investors. I think the creation of new tokens should cost higher so project scams will be less In addition, there must also be permission from every project that wants to do ICO or IEO and other funding methods so that they cannot cheat with various concepts which are only rubbish to fool many people. and what is clear is that this surveillance starts from everyone to be able to escort him
|
|
|
Governments will accept cryptocurrencies when it will be profitable for them, when they will be able to control their turnover. States can't afford to have uncontrolled money in the course of the population. This could be the beginning of economic instability and banking services would be in less demand. Thus, it is logical to assume that States will try to introduce their own centralized digital money.
But actually there will also be a threat if more cryptocurrency is known by people. we know that crypto runs unattended and prices follow market demand. the fear is that if there is a bubble there will be an unstable economy for some countries that have invested a lot or vice versa.
|
|
|
Then i will support ETH. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Maybe the answer is that simple. Because the question from title is "what if". Any coin that in top, or maybe can make cryptocurrency itself accepted by all people over the world must be supported. If Ethereum be number 1, then we try to make it down under bitcoin, it can make bad affect on crypto itself. bitcoin will not be replaced by ethereum. if this happens you should understand that there will certainly be a big change of control in the crypto market which has been the main pillar of the establishment of the trade to date. and also for the position of ethereum it is possible to replace it. whether it's with new or old altcoin, but it has evolved
|
|
|
I think economic situation is getting worse and worse each day the whole global debt is increasing and is currently double of that of the GDP of the whole world. This means that our whole economy is nothing but debt. So this bubble will definitely burst one day.
When that happens I am still confused how people will be able to transact later? will move to old methods like barter or there will be a new currency that can give trust to many people to be used as a medium of exchange. maybe gold or silver
|
|
|
if you wanna do long term investment, then it's good time to buy. bitcoin is on reacumulation phase right now. maybe 0n 6-8k $ before it goes up drastically you can sell after halving in 2020-2021, the history tells that bitcoin price goes up after halving happens
The thing that makes us confident is because indeed we can benefit from many people who talk. regarding prices that will experience an increase and is currently down, making the decision to invest is something that is pretty much profitable for us
|
|
|
I myself actually do not need too many tools enough tradingview to be able to do an analysis with indicators. because we have too many tools and in the end it's difficult to analyze. some complicated gambling due to we have to do a lot of the analysis. with the exception of bots
|
|
|
Of course you still can. anyone can still benefit from cryptocurrency. I myself have now proved it. if we have the desire and also a hard worker then we will get a big profit later. even though the market conditions are not as good as they are today.but if you are in the investment sector, market conditions will greatly affect your profits
|
|
|
This thread will be exactly one year next month. And the altcoin market is still depressing. I guess most of you already cut losses or stopped low cost averaging or you'll end up selling your house and assets to catch these non stop ever falling altcoins. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The altcoin market is really sad. I lost thousands of dollars too. I cannot sleep well. So I started selling them and accepted the fact the I lost. Rather than seeing it bleeding day by day. But I already moved on. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Last year the market conditions were actually more volatile than now. a little lucky this mid-year there is still an increase in the price of bitcoin from last year where since January to December the trend that we face is the price decline without stopping.
|
|
|
While there is a decline in the market and the bull market is going to be dreamed of not only ETH, but the entire market does not need to, at first we need to wait for the growth of Bitcoin, and then the growth of the rest of the market
2020 There is still much hope that there will be an increase for ethereum in that year. I am still hopeful when ethereum is currently down this year. due to ICO which was dead Ethereum also became much decreased in its platform,but in 2020 hopefully there is a difference in that year
|
|
|
There was no significant influence when IEO was successful because Ethereum did not have a big role. the average IEO benefits the Exchange that holds the IEO because their Product tokens will usually increase. as is the case with IEO binance. can be seen the price of BNB has experienced a significant increase since the introduction of the IEO
|
|
|
nope. because no one know about bitcoin. if there someone know about it, i think they dont know how to cash it. if they know about it and how to cash it, im sure he will keep than cash it, because is there chance to get high value than he lend.
In addition to the lending system in the case of cryptocurrency we are still confused about the exchange rate used by the US dollar or using Bitcoin because we borrow has two values that can change every second and this is certainly very confusing for someone with the circumstances they must choose
|
|
|
Crypto includes high risk. High risk means high gain and high loss. You can invest with the money you can effort without making your life terrible. You must understand that you can lose all your investment if you follow wrong steps. Same as life. You can reduce risk by using risk management and optimise your gains with less risk. First do your own research perfectly and than invest in crypto.
Any investment actually requires proper management because if we get wrong in making decisions then we will be able to get a loss. like cryptocurrency which is quite high risk category. everyone certainly does not want to lose but they have to learn a lot that is not serious as long as they invest in following people but they do not know and explore
|
|
|
|