I think that at the moment cryptocurrencies are more an opportunity than a danger. Although the market is at the bottom, it will still be profitable to invest in cryptocurrencies, since in the long term you can earn.
I wouldn't say it's dangerous if there is still a big chance of profit, danger is a situation that describes where you can't profit because the chances of losing are more high, while the possibility of profit on cryptocurrency is huge, eventhough the situation of market is in bad condition.. |
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Hi guys!
I'm pretty sure that many of you have been experiencing difficulty on making other people aware of cryptocurrency and how it works, right? I myself find it hard to explain it even to my own family. Once you mention it to them, the first thing that comes to their mind is that it's a scam. Can't blame them though because the news about crypto scams are always hyped in social media and believe me, even my 70 year old mom has Facebook!
Anyway, I realized that this is the case because there has never really been any formal education about it at all. We knew about it only thru word of the mouth right and we only got to learn it slowly thru experience. This said, I'm thinking, what if it's taught in schools? Perhaps just start with those taking Accountancy or Banking and Finance courses to begin with, then eventually incorporate it to Mathematics subject or whatever in High School? After all, they were able to do that with banking, right? Why not with cryptocurrency? What do you think?
Everything can be, but not so soon, but the governments of the countries are not very interested in that people were developed, which means that no one will seriously teach you, will give only the basics. the government certainly won't do that by adding a special lesson about crypto, that's a bit strange in my opinion. the key is with the teacher if they want to innovate. lessons about bitcoin can be included in many lessons such as economics, information technology, and so on.. |
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You can make various predictions, you can say that in 2050, Bitcoin will be worth $ 1,000,000 and we will mine coins through the energy of our bodies, only this is all idle talk that has no practical use. We need to act and live here and now while keeping in mind the option that tomorrow Bitcoin may not be.
LOL you right is just mere speculation, you can even say that you can shop with bitcoin and crypto next year? without data anyone can speculate according to their wishes. just do action make payments and accept payments with bitcoin. then this adoption can be increasingly popular in the near future.. |
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I think the differences between of it is that developed countries refers to the sovereign state, whose economy has highly progressed and possesses great technological infrastructure, as compared to other countries than developing countries which is in process of their growth or is a country which has a slow rate of industrialization and low per capita income.
There are so many inequalities and differences between developed and developing countries in terms of the economy and the way of life of their citizens. You're right if the per capita income of every person in developed countries can reach $3000 every month just for ordinary employees, in developing countries only paid $80 per month, obviously the difference is.. |
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I think its really important to secure our wallet. Many hacker right now have good technic to stole our coin in wallet. We should secure our wallet more strictly and its much better if we use hard wallet
High security in the wallet is not negotiable anymore, moreover there are many hacking techniques available. It requires you to take precautionary steps so that the risk of hacking can be minimized. at least you should to have 2fa in every account you have, even though hacker have got your password they won't be able to login if there are 2fa... |
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More people involve in bitcoin dictates demand. If Popularity of bitcoin continues it also a sign that it will increase the price of bitcoin. The more people involve in bitcoin the big reason to increase its value thats why investor invest in bitcoin because they know btc has a future.
That is a sure thing where rising popularity will be directly proportional to demand. if bitcoin is increasingly popular, of course many people will know about bitcoin and they will definitely try to use it and demand will rise. thats why I always popularized bitcoin in my area, to help spread of bitcoin |
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Bitcoin is special because it has so many features.It is an independent currency which throws a light on it's decentralized nature.It provides it's users a chance to have gainful investments.Bitcoin transactions are cheap and fast.These features and many others make Bitcoin a special currency.
I think, bitcoin has very high selling points and now bitcoin is very much sought after. this makes bitcoin very special in my eyes. bitcoin values can rise and fall so we must be observant in starting investment. Thast right, for people who use bitcoin as a currency, decentralization is the most amazing thing because it gives you privacy and freedom. for me as a trader, fluctuations are a feature that is special of the bitcoin market, you can make a big profit quickly because of that.. |
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We are in the era of high technology and I think this can not eliminate the fake news that we have as those people who spread fake news will find any loop holes in the system. It's a business and money can buy everything. It's all about money, fake news is one of those sources to attract more readers, even we try to eliminate those who are working behind this type of business they will still find the ways to proceed and create new items, if money works, any system can be overcome, there's no such limitations as the sources over the net is really unlimited for people who loves to explore. You right, news like that will always be there because the media is looking for money from it? there will always be an interest, so hoax and fake news will continue to be made, of course with a specific purpose, how strong even in eliminating such news, they will always be there |
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People must stop talking about the death of bitcoin because a currency like bitcoin must not be judged with a change of a day or a month but with a change of a year who agree about that?
I ask too if there is a way to know the 1 year change of bitcoin in cmp or any other site.
Thanks
I think all possibilities can happen without anyone being able to predict with certainty the price or future developments, all we can do is look at the year before to motivate to remain confident and have patience in investing with crypto currencies I think anyone is free to have a view of bitcoin price changes, you know that most investors are traders, thats why they always argue about the near-term price changes that occur. even though in the long run prices always rise. but this is the crypto market, in the short term price go up and down very quickly (volatile) that's precisely what is special.. |
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Hi everyone,
Im a newbie, i just known about Bitcoin in 1 month. I decided to spend my money that i have saved for a long time in Bitcoin. Please tell me some name of Altcoin, i want hold it until i marry.
Thanks for all response
If you want to invest your money on cryptocurrency for long term you must to know about the coin before. Personally i think ethereum is very good investment for long term and will grow and grow in the future, so i suggest you to invest your money on ethereum right now. For long-term altcoin investments, of course you should to choose an altcoin that is truly reliable and safe, first don't forget Ethereum because this coin has a very large marketcap and continues to grow especially the platform used by many users, then the second I have to choose ripple.. |
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80 % of people got involved in crypto from September-December and afterwards, they lost interest to invest watching their investments going down. Companies, corporations and politicians , let's say they filled their bags. And only after all of that we will see some positive regulation
But I firmly stand on my point that the only way for crypto to have a long life is the adoption and not just price speculation. And this will come from all of us. Start in little but whenever you got the chance to pay smth with cryptocurrency, just do it. Let's give real world value to the coins we hold.
Fluctuations are part of crypto investment that will never be lost, this is the risk and also the benefits of the crypto market, the price drops is normal because of fluctuations, so don't worry too much about it. prices can rise and fall due to fluctuations, but adoption will continue and it will raise prices in a long period, so don't worry about it.. |
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I prefer cryptocurrencies, because they can be useful for you and they give you the opportunity to earn, and the Bank will give you a very small percentage of the year.
There are many things that can be compared between crypto and banks, if you look at it from the big advantage, of course crypto will win because crypto is a kind of investment while the bank is just a place to saving money. but for long-term savings, of course I will choose a bank because it is safer and avoids fluctuations |
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It is possible to cross more than $20k but how long it is going to take nobody don't know because the market situation and from the news makes the piece of bitcoin more stable. It is a very good sign for bitcoin to hold them as long as possible to increase the price.
The possibility of returning to that price certainly still exists, moreover the development of bitcoin is still going on. but we don't know when it will happen because price changes are influenced by many things, we dont know what will come in the future, all we do is believe and wait.. |
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hi bro, how are you all hopefully we are all under God's protection, here i want to hear your opinion all about the decline in crypto prices in 2018, of course i also have an opinion about the decline in BTC prices especially, why in 2018 is the price of BTC decreasing I think that because of the increase in the number of BTC holding communities, and of course many new holders bought BTC in early 2018, because it is still new, of course they are panic about the decline in their assets, because of their panic selling low BTC prices, and in here I want to hear your opinion about this. thank you for all in this forum, hopefully healthy always
I don't think that the current decline is as a result of panic dumping per se. It's honestly just a natural part of the cycle that we are in. We've seen huge bullish rallies in the year of 2017 and thus, there will be corrections sooner or later, and that happened within this year. That's the simple fact of it. The market sentiment has turned bearish because there hasn't been much activity within the market since the start of the year. There is absolutely no reason to panic and every reason to buy and use dollar cost averaging to your advantage, though. I can't be sure of the reasons that have caused prices to decline lately, but what I believe from the beginning of the year that is FUD and the news about ban that made prices fall sharply, then some time ago was the rejection of ETFs, why are prices still stable at this low price? because market confidence has not yet returned to growth.. |
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I don't think so, even though bitcoin prices have now dropped again but bitcoin has technology that will continue to grow and many people still believe and invest in bitcoin so that the price of bitcoin will definitely recover again and will be profitable again
Obviously, bitcoins price will always recover no matter how low it drops because people will still continue to invest and that is the reason why you should be investing today while the market price is currently low. Of course, it's foolish to say that weakening prices then make bitcoin useless, meaning they don't know anything about the market and price changes in cryptocurrency. it happens naturally, and the important thing is that weakening prices on bitcoin will not happen forever, recovering will surely occur... |
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When the market falls it is best to buy coins that go to the top 100. However, I advise you to analyze each and follow the news, because after the fall, not all coins rise. There is fierce competition in this market.
Thats right, when the price goes down you can't randomly choose a coin even though it's from the top 100, because there are some coins that can't be recovered. do a deep analysis where coins that still have the potential to rise again and the price has stopped to down, buy that! |
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My strategy is to hold my coins and wait for a good value or profit then i will dump it. I also joined airdrops and bounties.
That is more applicable to someone who is just doing the hold strategy. Hold until you see a huge skyrocketing in price with everyone FOMOing with market being overbought and then just zap. It is usually very interesting that way for someone who is a long term trader. However, for someone who is a short term and midterm trader, I usually take advantage of the condition, the momentum and the trend of the market changing which is how I have always made trading decisions and I have always used that as a strategy to buy and sell over the years with stop loss in either way. Withholding is a simple way but it requires patience, that more from the beginning of the year the price has not risen high and not significant, most holders still survive and hold it (not yet sold)?. for short term take advantage of the available momentum and opportunity because when the price conditions are like this, rising prices are rare to happen.. |
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I think it is achievable but ot will be very difficult in current market condition.Now it is bear market you have to be very cautious before investing in any coin.I would suggest you to invest in solid project which have a long term value.Never buy coin that are low in volume because it is very risky.
Pointed out. Gaining a 10% in a week for all trades is possible but difficult to achieve with our current market now. We are on a bear market right now where the prices are quite lower than it got highest this year, it is very risky to invest in a coin with a huge amount of money. I would suggest to not to be afraid, try some and invest some in modest amount so if tragic scenario comes it would be okay. I think it might be achieved even in the current price conditions, the way is not by a single trade because in the market conditions like now the price will not rise that high within 1 week, do diversify or trade in some altcoins so you will be very likely to get profit 10% per week.. |
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More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
You can do almost everything you wish, but usually that happens online, you can book flight tickets, buy things from amazon, etc and etc. Ripple may be used by financial institutes too. You can own bitcoin debit card and pay with it, I have no idea why you want to harden everything. Is something wrong with paying visa card? Don't tell me anonimity, why the hell anyone wants to purchase potatoe with bitcoin? unlike a few years ago, now you don't need to be confused about using bitcoin for spending or shopping, the increasing users and good development are so influential that many merchants and agencies start accepting bitcoin. so you don't need to be confused where to use bitcoin.. |
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Firstly, we are all common people, bro. Secondly, we all have to have more knowledge about bitcoin and the other cryptocurrencies. It will help everybody.
it's a bit ambiguous how to explain about common people, because everyone might think of themselves as common people, but what outsiders think about bitcoin is an online currency until some people call it an MLM business lol. but for me bitcoin means jobs and income and you're right that bitcoin helps us |
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