It's a normal hacking attack for the hackers they are now attacking those big companies or corporations so they could have more money than before. Hackers are always there when we are talking about money, they are so knowledgeable about that thing which they can access some big company's secret information and money. I really don't understand those people who have so much knowledge, they can use their knowledge in some good ways that can earn money as well, why they are using it for bad things. Even though hacking is easy money, it is still dangerous.
What can you expect? They have the ability to enter big companies and corporations that easily. Hackers are always there, they can access your accounts through network when they have to so increase your security and make your passwords long as long as you can. Don't make them easily enter your accounts, always be mindful and careful because they will everything just to steal your information and money. We should not tolerate those wrong doings because people are losing their money in an instant, large corporations are just a big fish if they have access to it. |
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not necessarily arrogance will kill your ability to trade. When you are too scared, it will affect your trading results. It is important to keep the psychology as stable as possible. trade winning or losing must also be normal and continue the plan and discipline that they have set. When you trade like a robot, you will surely make a lot of money. Most people suffer heavy losses because they are overwhelmed by emotions.
Leveling yourself to the point of view of other people while trading will make you understand their mindset and how they think. Being arrogant will make other people have a bad image about you, always be humble when you trade because that's the key to a good communication in trading. You need to think of other people so that you will not forget the things that you need to do while trading. You should do a peaceful and achieve a successful trading where you can use to grow more and become effective in any trading situation. I love the way when people are keeping themselves from bad vibes, always be positive in trading and be friendly with other people because all of us want to succeed so let's have good communication towards other people. |
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Price of fiat doesn't fall due to recession but if governments decided to float the market by printing more money the inflation will results in the value drop.Cash is the kind until the market is in bearish mode but if you keep hoarding your cash for too long it will be loss for you, so keep cash when asset prices falling then buy immediately when it reaches bottom.
Yes, fiat are not that affected but nowadays, cryptocurrencies are much necessary and being prioritized by people because of its improvement in advertisement. As the market have no activities-related to cryptocurrency, bitcoins will really become less useful in transactions instead people will just hold it and wait for the increase in its price. People are really knowledgeable and intelligent enough depending on the situation where they will benefit their assets completely. In terms of government, I know that they are only prioritizing the use of fiat because most of the people in the community are still ignorant about how market moves and they don't care about the recession, they just earn and spend their money and that's it. |
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this investment was done at the behest of a youtuber which proved to be a big mistake in my life.Now I have thought that do not invest at the behest of others.
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Yep, that was the big mistake. If a user wants to buy a token or an altcoin he should do it himself, create an account in the exchange and make the trade. Nowadays is easy for the scammers to get a group of investors and walk away with the money... so, the best option is to learn how to invest our money and how to del with exchanges. You should invest at your own interest and not into other's behest. All your money should be at your full control and do not let other people affect your investment, you are responsible with your account and you need to manipulate it properly so that you can also grow and learn more about investments. The mistake that you've made should be your lesson to become more knowledgeable and wise enough to engage in bitcoin. Big names should not let your account become attracted or be fooled because there are some fraud accounts that can steal your money, always be careful about your assets and you really need to have your own decisions. Learn from your mistakes because learning are limitless. |
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I understand that people expect patience from bitcoin and I get that but you are forgetting we are living in a much more technological world nowadays. It means if you look at the stocks markets and how old they date, it doesn't mean anything, from 18th century to late 20th century the technology for them wasn't computer, it wasn't even proper mailing system for a long time, it was all old systems that could be abused and all that.
But in crypto world it has always been high tech and from now on, in the 100 years after the discovery of bitcoin, we are going to be a species that could habitat space, it is totally different periods. Hence why bitcoin has to move a lot faster than the stock market did, we can't wait around for hundreds of years to see bitcoin become big.
They are really forgetting that bitcoin is volatile, if you're knowledgeable about it and you know and seek information about the effect of bitcoin in the market, you will not be shocked about that. Cryptocurrencies like bitcoin can also go down and it depends on you on how you can get recover from that situation. It is not about the timing it is about how fast the technology is advancing, you need to cope up with the reality that we're in the time where cryptocurrencies are really known and there are a lot of people who are engaging to it to manipulate it in the market. Now, we're really patient about its price and we're not making it hard for the economy to become stable. Just be patient all the time and take care of your assets in the market. |
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That's true but frankly speaking, whatever solution that bitcoin or blockchain technology has to fix in Africa it will not be possible until these two fundamental problems are taken care of. Frequent power cut-offs and poor internet connection. I know a whole lot of African friends that complain about these issues and once these are not taken care of bitcoin and blockchain technology can not fulfill its purpose in those lands.
Africa should prioritize first their economy so that they will have long term improvement, that's the reason why their community experiences poverty. As our technology is really advancing and other countries are developing, the African government should make his way on how they can cope with the economic trend. Blockchain technology can really help their economy once they allow people to implement it in every transaction that they perform. People should know how to give importance and become brave enough to explore the benefits and advantages of solving this issue related to bitcoin and blockchain technology. |
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Well, Bitcoin has no intrinsic value too. What makes Bitcoin valuable is our desire to use and accept it.
There's something more about bitcoin and we should understand how it works and what is its value in the market for us to learn how to use it properly. Using bitcoin is not just as a store of value and making huge profits. Bitcoin probably have a unique effect in our economy and we need to find out what is it. People are improving and getting more wise as people are getting into the cryptocurrency than in FIAT. We should practice using both currency because they have different importance in the market. They are both valuable and that's the reason why people who use cryptocurrency are still increasing in population because of the reputation that it gets whenever we use it in any transactions that we do. |
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I might see that $10k is a sustainable market value for Bitcoin, not $100,000. We can see the situation and therefore, we can see also how it moves. We can't bring the market to the highest alone without support from the community. If we only keep assuming just to encourage others to come into crypto and put their money, well, I don't think so. Bitcoin doesn't have that capability, $100,000 is really far from happening, in fact, we hardly sustain at $10k how much more to that (assuming) price. Maybe we should have to stop this kind of assumption but rather to keep in reality and what could be the possible thing to happen in the future.
Yeah, most of the time the bitcoin's price only range in $10,000 USD and it is rarely for that bitcoin's price to go higher than that. The market situation is really unpredictable because of its sudden spike in its price whenever there is a factor that affect its demand in the market. Sustaining bitcoin's price is not that easy, there are still people who doesn't believe in the ability of bitcoin as a store of value and source of profit. The $100,000 is really questionable but feasible during this time, we all know that the platforms of promoting bitcoin is increasing because of the social media and multimedia platforms, that might affect the price of the bitcoin to possibly become higher than $10,000. We can't really make conclusion at this time, there are things that might happen if we stay in using bitcoin for a long time. |
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Don't give up too easily but also don't try to chase your losses too hard which may end is more losses.So what we need to do actually when we are losing while day trading is taking a break which helps you to recover the confidence back while you are in break work on your skills.
Be courageous when you engage in trading as it will be the basis of your stability in trading, never lose hope and don't be discouraged every time you experience failure or losses. Sometimes, you need to experience those kind of things for you to become more effective and improve yourself in trading. There are people who are treating failure as a lesson, you need to keep that mindset that every time you fail, you will bounce back on that. If you are really good at trading and you become more effective, it is now easy for you to earn profit and master the movement in the market. You just need to keep on track and always manage your assets so that you will never have a hard time trading and deal with any transactions. |
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Learning is never ending and everday will always be a learning experience especially in crypto currency wherein expectations is inevitable whether good or bad.
That is why we must be ready in any circumstances mate,either we lose or not what is important that we can still hold our Currency,never get panic and never be a greed. there will be a right time to profit,always remember that.
As new to this industry, always do your own research because if anything goes wrong, yourself will always be accountable in any decisions you make. Investing in bitcoin is always not a financial advice and always invest what you can afford to lose. Believing in Bitcoin will always be a good start of adopting for future financial freedom and a long-term investments.
We will achieve everything in future,but now support Bitcoin and altcoins,and wait for the right timing because not everyday is a falling same as growing. I knew a lot of people who become successful in manipulating bitcoin as their assets. For me, I'm okay with my investment and I'm inspired by them so everytime I think of their success, I really work hard with full effort and think of positive things. Learning is free and you should keep on learning things that you want to experience, you just need to have a positive mindset towards your objectives so that you will not have a hard time reaching your goal. Bitcoin is really good if you invest to it, as it really requires proper manipulation and good control depending on the market. Learning bitcoin is extraordinary and you're lucky enough if you engage with bitcoin because not all of us are given a chance to experience earning profit from a cryptocurrency. |
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When you depend on someone to trade for you, you might regret it if the trader loses it. It's best to invest in yourself unless you have that balance that you could lose. Letting another person trade for you is legal if you allow it. There could be an agreement, but the matter is if you can trust that person in the long run. I'm currently still running a trading opportunity for my fellowmen on our local board. Now continuing, and I'm using Gunbot to trade it continuously. Yes, at that point, you're dependent on the person and not on the market. You should learn with yourself so that all the things that could happen in your trading results will be credited for you and there's no one to blame if you're experiencing losses. Hiring a trader will also increase your expenses because you will pay them as you let them handle your trading. Don't rely on other people and believe in yourself, you're the only one who could control your money and you're the only one who is responsible about your money. If you want to make it grow then do it, just learn and learn and never give up because every mistakes is a lesson for you to grow. Never be discouraged about the losses that you are experiencing instead treat it as a lesson for you to improve and grow more in your trading career. Be independent when you want to engage in trading, it is not bad to seek help and advice but you should not let other people work for you, that's another expense. Look for some ways on how you can improve in trading because there are a lot of source of information in the internet. Read some articles related to trading and adapt it every time you trade. You should practice those techniques that you can acquire by watching videos in some platforms. It is hard to trust people nowadays, if you want to become safe with your assets, you should do it and don't ask someone to work for you. You are the only one who should be accountable for the results of your trading and you should not underestimate the losses that you can get without your control. |
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The increase in demand is yet to come. It's too early to assume that the demand is increasing because the halving just came in. But in the long run, we'll see that the demand will increase. Each year that's coming to bitcoin will make it harder to own 1.
Well as you can see on the bitcoin graph, the demand increased when the halving took place. That demand growth is obvious in the first look, and to consider the massive speculation for the halving 2020 it is expected to be that way, the only thing we expected but did not come is the price speculation, literally the bitcoin stays at the range that I though it would be impressively it reached the $10K mark in the month of May, then just days ago of this month. We still can't see the shortage of the supply since the demand is low, but in the future days we might able to see that. That's right, this short period of time is not enough to conclude if the bitcoin's price is already stable on that price. The graph really helped is to become more aware and make strategies that are effective in the market situation. The halving really make people panic about the supply of bitcoin and they don't know what to do. In that future days that you've said, I think bitcoin will become more popular that time. For me, I somehow still see the shortest of supply but not that much to become more noticeable in the market. There are people who are focusing on holding their bitcoin and wait for the right time. |
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I believe that the virus was not created by chance. Indeed, the whole world claims that the virus was developed in China, but countries are holding to the last so as not to flood China with litigation. Time will pass and countries will begin to investigate the appearance of this virus and why it was created.
They will have more time investigating, but right now, the world is focus on finding the cure, and although there has been new releases that the vaccine was already found but until it's published and ready for distribution that is the time I will believe that the cure was really invented. The thing is, the current situation can be used by corrupt politicians to run their personal interest, and personally I have a feeling that all these are carefully plan to destroy one country while making the other improve their economy. It's a Financial Reset in the sense that small countries will struggle as they have poor facilities or poor back up for situation like this and that would significantly drove their economy down. This pandemic really brought panic to us all, and most of the countries aren't prepared and they don't have a specific allocated budget for this event. Like in US, they are really experiencing economic crash because of the sudden spike of infected cases in their country, they use their budget without proper planning. Like in China, their economy is stable although they are the one who are suspicious in creating this pandemic but we still don't have any evidences. The no. of active cases there are only 66 as of now, but still they are nearly going back to normal. Hopefully most of the countries are now recovering from this virus and recover also financially and economically so that their will be lesser loans in the World Bank. |
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Bitcoin has come a long way, little by little. It takes a lot of time and effort to get acquainted. However, I believe that its use will soon increase worldwide as a 100% reliable currency. Panic by Sell is everywhere. It will always be in the future. It has greatness, so there is no need to think too much about it. As soon as the use of Bitcoin increases in online payment methods and real life, people's confidence will increase and it will be possible to avoid Tax by converting their capital to Bitcoin when they know when they will enter Bitcoin.
Effort, time and patience are the requirements for you to become successful in your investment. You just need to deal with the things that are happening in the market, you need to learn how to adapt and adjust so that you will become more effective in the market. People are panicking when they see that the bitcoin's price dropped. You need to plan all of your actions in manipulating your bitcoin, you should not make any decision without studying the market or if you don't have any basis to perform transactions. Most of the people are losing their money because of greed, so learn how to stay patient and wait for the right time to buy and sell bitcoin. |
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Bitcoin will help us in many ways to deal with the current epidemic situation If many countries are suffering from economic problems due to Covid-19, then if we invest in Bitcoin, it will help the country's economy to improve very quickly and the speed of transactions will increase. Bitcoin has not been affected by the virus so investing in Bitcoin is a great opportunity to overcome financial problems.
We need to deal with it, bitcoin is really affected by this pandemic and all of us are suffering due to the lack of financial help from the government. Our assets like bitcoin can be spend but if you're a wise holder, you will control it so that you will not lose any amount. This pandemic is somehow a good influence because we can focus on our bitcoin and observe the market without any distractions. Time management is really important during times like this so we can prioritize things that we should do and minimize procrastination when we need to do important things just like this. All of us want to grow our bitcoin but we should treat this COVID-19 as a positive effect in terms of cryptocurrency. But this pandemic is never a good event for those people who are suffering and dying on this disease. |
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There is only one thing that will sort this all out, if a country like US will legalize crypto or bitcoin it will bring huge adaption and it will increase bitcoin usability at the same time. Rules and regulation hinders the bitcoin adaption but we are slowly getting there, for sure big companies will jump into it if that happens, if it is legalize on countries like US, china and other countries will follow. Bitcoin is far more better than dollar because of its limited supply but in dollar they keep printing.
To improve the usability of bitcoin, the government must accept the use of cryptocurrency in their economy first. In order for us to help the legalization of crypto, we should continue using bitcoin in transactions that we are doing. We should also invest in cryptocurrency and let the people notice that bitcoin can really give you profits and it is useful as a business. It is really hard to see the future as there are still countries who don't want to regulate cryptocurrency in their economy, but as an optimistic bitcoin fan, we can make it happen. Nothing is impossible in bitcoin that's why we just need to work hard so that we can improve the volume of people using cryptocurrency and the usability of bitcoin towards the economy. |
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Simply the Chinese economy needs to experience its digital currency and so we can know what is the future of this new asset digital. As it is an asset of the Chinese government, it is legal tender that will give it an advantage to grow its popularity among holders. In relation to Bitcoin I see that currency can enter the stablecoins category. I also do not see direct competition to Bitcoin and less that it replaces it.
Chinese government are powerful and they can do anything with its manpower, they are the largest population here on Earth. There's nothing impossible about them achieving something when it comes to money, and it will surely includes the cryptocurrency. But it is true that they want to eliminate bitcoin and implement the use of their digital yuan in many transactions. They also want digital yuan to circulate in the market and become adopted by its community, by that it will surely make it grow their economy compared to other country. But I believe that there's something more that a bitcoin can do to a government's economy, especially if we are knowledgeable about its benefits to everyone of us. Replacing bitcoin is really a very bad decision for China. It underestimated the ability of bitcoin when it comes to a digital currency. |
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Crypto exchange, for the local. But be prepare with bunch of legal documents that you need to provide.  Most of the people here are suggesting exchange because it is the best and feasible during times like this. Legal documents are just easy because you will just comply them to the authority to become approved by them to open a business about cryptocurrency. As people are engaging in cryptocurrency and the volume and population of people who uses it are increasing, maybe this exchange that you're planning to invest will become profitable for you. You can explore things related to cryptocurrency businesses so that you will become more experienced and knowledgeable about how market moves. You just need to work hard and properly manipulate your business so that you have a higher chance to grow, all of us have an opportunity to become successful and you have a lot of choice not only in exchange but you can also try trading. |
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And ten years after, Bitcoin is at the heel of government, they are now enforcing exchanges for KYC and anything that can identify us.
The network itself is still quite good for privacy to some extent. It is impossible to expect the government would allow any asset or any exchange to accept users without any KYC, they're doing some business and need to hold some responsibility. The AML thing and so on is almost guaranteed to be mandatory when you use a centralized service. So, the solution would be don't use them. It's your call. People should be anonymous if they are engaging or if they are doing transactions using cryptocurrency. Being anonymous doesn't mean that you're not supporting the use of cryptocurrency in your country, it is just for a privacy purposes that's why you need to hide your identity. The government are somehow benefiting the use of cryptocurrency and help the economy to grow and become stable. Keeping your privacy is really necessary if there are platform that involves money. Although people are anonymously accessing it, we can still help promote the use of bitcoin in many platforms, like social media. There are a lot of ways that we can improve the mass adoption of cryptocurrency even if we are hiding ourselves because the true factor that will make people become interested in using bitcoin is its benefits in the market and economy. |
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The situation with the pandemic has clearly shown that a serene life can suddenly be replaced by uncertainty and difficulties. This means that you should always be prepared for economic troubles and other unpleasant life situations. Only when we are more or less in control of our lives can we be calm.
This pandemic taught us all to be frugal at all times. Material things are not important to survive in this world but the mental strength on how to survive despite of the things that are not readily available to us. This also taught us to live simply and go back to basics. You will feel more contentment in life if there are no complexities bothering around you. People are really suffering mental health problems and I know that most of us here are also vulnerable to that, not only because of this pandemic, but it also includes gambling and trading. It is hard to fight mental health issues, specifically, depression, stress and overthinking. If we don't have someone to talk to, just reach your friends and families and talk about the things that you are experiencing right now. We also need to reach out our friends and families if they don't want to talk to us. We are the one that should make the first move on talking to them about how they think and comfort them. Hoping that all of us here have a healthy mental health during this lockdown, stop overthinking about that things that are not really existing in reality. Keep calm, relax, and mind over matter, be optimistic and think of the positive things that you have in life. |
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