If I would be the one to choose, I would put the biggest part of my investment into Bitcoin primarily because it has the greater value and the potential to grow even more as time passes by. It is the most trusted and proven to be worthy for a investment which makes people choose it over other existing cryptocurrencies in the market which are already part of the Altcoins section.
With regards on Altcoin investment, I would still go for Ethereum for I do believe that it can still get into improvement although there is a struggle on rising its price, still it have the potential for me. Ethereum have been known to be the next crypto after Bitcoin when it comes to popularity and demand based on market capitalisation which makes me stick into it.
I would put 70 to 80 percent of my total funds on investment into Bitcoin most likely and the remaining into Ethereum already if I would be choosing for my investment plan.
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The act was a combination of hacking and scamming. Scamming in a sense because they are using the image of Kobe Bryant to attract people on downloading the wallpaper that contains crytojacking worms which is a knowledge used for hacking. Scammers and hackers are really up into innovated strategies to lure people just to get their goal of getting other people's important details to be able to get their money. It just clearly states how those two crimes are now being fused by such group of people to execute crimes which they do for the sake of their own selves.
This is really alarming in a sense that you being a fan of a famous personality could be victimized by this act since the goal of scamming might be caught on act but the hacking that is hidden on the wallpapers are hard to be discovered. This calls for every people to keep themselves safe at all times not to easily patronize items coming from online because those might serve as a front act just for the scammers and hackers be able to gain access on your device and get what they want. Basically do not install nor download anything coming from an unknown sources to avoid this to happen and secure your device by installing anti virus so that once it comes into your device, you can be able to get rid of it. But still prevention is better than cure.
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Every newbie that got in here and are still not familiar must start from the basics of learning everything about cryptocurrencies to avoid or lessen committing mistakes with regards to investing with cryptocurrencies. They must know first what they have got into and acquire knowledge that they need to be able to be familiarize on everything they must know. Doing research is really a great help for better understanding. Once you have acquired knowledge, that is the time you get to explore the investment part and do the same thing of understanding how investment works and apply what have you learned on familiarizing yourself about cryptocurrencies in the market.
Investing into old and reputable coins will be a good start to have your journey on investment. Although some new coins have potential to be profitable, still it would be safe for a newbie to try investment first on known and reputable coins because new coins are risky most specially for the newbies. Learn to take hold of your funds. Upon investment, learn the thing that many people here in the forum always say "Invest only the amount you can afford to loose" because it will serve as your limitation and starting point upon doing investment so that if ever fail investment comes, you can easily move forward already taking no regrets.
To cut it all short, being knowledgeable on the thing you want to get with will save you from committing mistakes so better start up learning and the rest will follow. Do not rush things into your way because regrets always comes last so better take it easy on having the basics.
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The last time that the same thing happened wherein lots of videos about cryptocurrencies were deleted is just last year and YouTube have claimed that it was just merely an accident on their part and have made it a point to recover only some videos on their platform. Now the same thing happened again and I guess this time it is now a real deal because not only the videos have been cleared out but the entire channel already. Maybe YouTube must take notice on the account owner before doing such actions so that there would be some negotiation to happen between two parties and not just delete the channel and videos without any notice coming from them on which channel owner are just being surprised that their channel was already deleted.
I don't exactly know if there is any statement YouTube has released on what is its stand about cryptocurrency because it is now the second time around that this happen and they must serve a valuable explanation why such thing happened.
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Basically the answer was already pretty obvious. If someone wanted to obtain money but do not want any drop of sweat because he wanted to acquire what other people have and claim it to be his own, he will do whatever it takes and that way includes hacking. In simple words, hackers do steal money because they want to have it for their own. Hacking and scamming share the same idea of obtaining other people's property to make it their own money instantly. The strategy are in different approach but it is the same goal, that is to have other people's money.
Hackers are up into the challenge of obtaining large amount of Bitcoins because of the value it have and they use their skills and knowledge on technology where cryptocurrencies relies. Professional hackers are the only ones who have the guts to steal large amounts of Bitcoins for they are confident of their skills and won't leave any footprints to track them down they have their own ways to exit the crime they have made with no sweat for they know what they are doing.
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It is just for now that was to be the set up well then at least the Russian government have extended their understanding about the importance of adapting Bitcoin and cryptocurrencies making it legal to their country. It is already a big step to be done by a country and a wish come true for the people who wanted to get engage on using cryptocurrencies but are being afraid and hesitant because of the legalization issue. But since Russia have make it a point to legalize Bitcoin and crypto currency in their country, for sure many people will now be encouraged to get engaged even it is still not allowed for payment method.
Just a step by step process while the government is still assessing the pros and cons of using it as payment method. The legalization is a big step towards full adaption of Bitcoin and cryptocurrencies so right now it is a good news to get contented with.
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If there is still no one contacted you despite of the present issue in relation to the freezing of your bank account, better do make your own move of going into your bank personally to ask for the problem on why they have done such thing without providing a notice sent to your given contact details because normally they will notify you about the issue your bank account is facing through and will ask to see you at their office to submit a report to clear things out and once you failed to do such it is their move to do what is in the rules written under the terms and conditions applied on creating your account on which maybe you have got a problem.
If they fail to provide you reasonable explanation of why they did that, then get yourself into a legal consent from an attorney to raise up an appeal so that you can do something about the problem. If it is about doing transactions on cryptocurrencies and you are from India, then you do really have to seek legal consultation for I know India have already allowed cryptocurrency in their country aside from using it to purchase goods and services. Maybe there is just a misunderstanding on the part of the bank which you must know about and that must be put under negotiation to solve the problem.
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Who do really cares to check or verify on which their transactions came from if it is from a illegal activities or from the good ones? First of all, we are into a vast world of cryptocurrencies so basically we do not really know into who and which hands the cryptocurrencies we have got from numerous transactions really came from because it is quite impossible to track it down due to many numbers of transactions being processed day by day. Who do really know or even care to identify it first if the transaction they receive came from safe hands or not? Whatever or wherever the Bitcoin transactions we got came from will not be duly our responsibility anymore since usage and transactions of Bitcoin and being done continuously and simultaneously in circulation like paper money so it is just normal that there are cases money whether digital or cash will have a chance to came from illegal activities which we are already not aware because we do not even know that it happen.
The point is indeed there are many Bitcoin usages that can be related on illegal activities but why to worry about if you do not even have relation to those guys. It is just so happen that upon circulation of the cryptocurrency, a chance of obtaining transactions coming from illegal activities could be possible. But that was just because of the circulation process. Actually we do not care at all into who will be the transaction be sent out or who will be the next one to handle those after we have done transacting it.
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It was nearly unbelievable to know that the people behind the big hack that happened to Twitter that hacked the accounts of the well-known personalities are just teenagers. It is so doubtful to think how those teenagers be capable to setting up such a big crime at their very young age. How did they make that thing happen or how did they acquire such amazing talent that seems to be wasted because they have used it for bad doings. I still cannot believe that they are the ones responsible for that crime. If they really are, I think they have other people together working with them because it is really quite impossible to think how a group of teenagers be able to hack a big and well-known social media platform and to think even hacked big personalities account and stole a big bunch of money.
I think those teenagers are just the dummy to hide the big masterminds behind that crime. But if they really did it on their own, that was a very surprising and amazing part to believe how they have done such. It is just that they have wasted their talent and knowledge which can be a good asset if they have chosen to use it for good.
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For sure tech companies would rake it because people right thid pandemic are tend to stay indoors so there is no doubt that people will make use of their devices to keep themselves safe and that is how the tech companies like YouTube, Facebook and other social media platforms are still earning even with the presence of the pandemic is still on. That was really not surprising already because we are already into the modernization wherein people are most likely to be using modern technology to accompany them on daily life situation. It just so happen that tech companies benefitted the situation because people are finding for something that will make them busy this pandemic which is obviously related to technology since everyone is not allowed to go outside.
No one wanted this pandemic and that's for sure so even the tech companies are raking it because of the situation, still it it undeniable that the pandemic brought negative effects on people and economy of different countries. It just so happen that the negative situation brings a lot more opportunities to the businesses related to technology this pandemic because it is the safest and most possible thing to be done.
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I sometimes get to seek for price predictions searched though internet and that was for quite some time if I am being curious and have nothing to do but just to see other people's perspective on how the price will get going so far.
But I certainly do not believe on price predictions. I just tend to seek information about other people's opinions of the price behavior to come on the next hours, days, weeks, months and even years. Well, those were just price predictions and nothing certain to have an assurance that it would happen because basically they were just predictions. It is still up to your analysis if you would believe or not. For me, I do not believe on it because there are lots of things or external factors that can affect for the prediction to come true or not.
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We all have been through such scenarios for sure most specially when we are just starting our journey on this industry. I guess up until now even the old ones in here do still experience regrets for missing out opportunities. I, personally have experienced such for quite some time and it was just normal to have regrets because with that we learn to value things the next time around we face the same scenario. Regrets do not come first because it would be nonsense. Regrets always comes last to teach us important lessons in life so that we will not miss out important opportunities the next time around. Dont hold too many altcoins and sabotage yourself because you don't have time to check all of your holdings. That's such a waste and you could change to stop regretting.
This is certainly agreeable. Holding just a few Altcoins will be easy to be manageable so you can be able to monitor your coins without any hassle and do track the improvements happening on the coins you hold. By this way, you can do avoid missing out opportunities and avoid having regrets because you have been left out due to the reason that maybe you have not enough time to check it or maybe because there are plenty of them to check. Just store up potential coins that can be beneficial and you can see to gain greater improvement. Regretting on something that have already passed will turn no good and will not change the fact that you have already missed the moment so better just continue moving forward and forget about it for good.
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If you do want to invest in any crypto related works, basically the first thing you must do is to acquire prior knowledge related into what work you wish to do and that is investing. Acquiring basic knowledge on how to do investment is the first thing any individual must do before deciding to engage on any investment. Once you have done doing that, then you can proceed on finding potential crypto that would be good for investment. This would need prior knowledge on crypto which supposedly you have acquired upon engaging into this industry.
If you want to invest on old coins, seek for the reputable ones which can be basically be easy to find out on reading in this entire forum or doing research by your own self. But if you wish to invest into new cryptocurrency, getting to know the project where the crypto comes from will be in need to identify if it is a legit or a scam one. Checking the profile of the people behind the project or the team developers are good but not all you can see can be true and it does not mean that if you identify already the good one, the project can already be assured to gain success. You must still do prior observation and research about it and analyze the data you will get and see if it will suit your preference before conducting investment.
It is hard to say if the project you have invested with would be successful or not basically if it is a new one. You need to take the risk if you really want to know the outcome. Just assure that you are equip with prior knowledge about everything you must know before doing investment.
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I got some familiarization about European and Chinese products and what I can say they were all pretty impressive. Knowing Europe as one of the Western nations that have great access with modern technology and skillful workers to take on good productions of goods and services, no doubt that what they can produce is a good quality of product. In terms of China which is one of the largest and richest country in Asia which is the Eastern region of the world do also have a great access on modern technology that is why some mechanicals are being assembled in China added by the fact that they do have a large mass of working force because of great population that offers small amount of payment. With India, I haven't ever tried or see any Indian products yet so I cannot state any for the quality of products they produce.
When it comes to quality, there is no doubt that Europe can produce a high grade quality of products for Western nations are known for that. In China, they can do also the same thing but knowing Chinese people, they are up into gaining profits that's why they tend to focus more on quantity over quality. But they can do also produce high grade products but since the labor payment is low and they focus on creating more quantity of products, the quality is mostly being compromised which makes it a general idea that products made out of China is a low quality one.
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That was a pretty good news for the part of Europe. Their government really did a great job of having coordination with one another to make a quick response to be able to control the situation of handling the rate of infection in their place which now enables them to open up their business establishments after quite sometime of having lockdown. This was really a great result when two parties do coordinate with one another.
On the case of US, even though there are already cases reported, it seems like they have underestimated the outcome of having a rise on the inflation rate of the spread of virus which turns out to end up like this making them to be on top of the world having the most cases of covid-19. Also, it is a challenge for the government of US to manage its people for they do also have a big population and the people and government are not well coordinated for they have complains among sides which makes it a lot more difficult to control the situation on implementing health protocols to prevent the further spread of virus.
A big country like US having most number of cases is really expected to have a struggle on their economy because of what their situation is up into now. Good thing that Europe have responded fast on the cases they have making them be able to control the situation which leads them to faster recovery of the economy. Actually at this time, it doesn't matter how fast the economy of each country recover because the important thing is that they can be able to recover once the situation is under control. It doesn't matter on which goes first and last what matters the most is the sake of the people of each country more than anybody else.
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I guess the perspective towards global migration being done not just by millionaires but even the ordinary people have no direct relationship to the existence of Bitcoin to make them change their way on not migrating because people do have different desires in life and reasons why they migrate into different places. Mostly reasons are because they were seeking for boundless opportunities that can be found in other places.
Well, there might be reason related to Bitcoin why other people will do migration it is duly because some countries prohibit the usage and existence of cryptocurrencies making people who do really want to use it will get into other countries where it is allowed to be able to use it freely. But that would be an example on how Bitcoin cannot affect a people's decision on just staying up in a single place and never get away. It is because Bitcoin have nothing to do on why people decide to migrate it is duly to the reason that people just have their own reasons for migration and that's it.
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How can someone say and treat cash as a trash when at the first place a trash is stated to be something that is disposable and does not have any value anymore while on the other hand cash is something that have decent value and up until now is being used by many people around the world that comes in different sizes and currencies depending on the country on which it came from.
Saying cash is a trash is more likely to be insensitive because while other people is valuing its existence, some sort of individual is just treating it as a trash that it seems like he haven't used of cash before. Even we have digital currencies nowadays, we cannot deny the fact that we have all used up having cash on our hands. It doesn't mean that because we already into the modern age is we are going to treat cash as a trash. It is not good and cruel at the same time having such mindset.
Cash is the most valuable paper that have existed most specially to people who are making use of it up until now even digital currencies are available for convenient usage so while people are still valuing cash, we cannot say that it is classified to be a trash for it do still have a value.
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The best and possible solution for the economy to get into the process of full recovery with regards to the existence of this pandemic is to of course have the vaccine first because if there is no vaccine, even the economy have opened up due to the reason that business establishments and work places are now back in operation but with limited capacity to observe social distancing just to avoid the spread of virus, still the economy will get into slow recovery.
To be able to resolve the economic problem because of the pandemic, the discovery of the vaccine is really a must. Although the new normal approach on which working is allowed but with certain restrictions can help for the recovery of the economy, still it would be best and fast to recover if the work force will be put into maximum capacity which can only happen if the vaccine is already available.
With regards to the status of cryptocurrencies, they are not directly affected by the effect of the pandemic so there is no really in need to worry about. It is just on the financial crisis when it comes to fiat that is in need to be resolved to help the economy bounce back but as of now the solution is the new normal which is fine well at least there is an improvement to be done while pandemic is still on.
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The economic recovery of the countries that are seriously affected by this pandemic like US is still no assurance to make happen this year because currently the country is still struggling to control the cases they have which still makes them at the top most of all the countries in the world having the most number of infected cases. With that, the country will need enough time to recover even if the vaccine will soon to be available, a big country like US will need to undergo certain adjustments before they can totally bounce back from the economic crisis and declination they are currently experiencing right now.
There is no doubt that US can bounce back for we all know that US is a big and rich country, surely it will bounce back but I doubt that it can make happen this year because they are strongly affected by the pandemic so it will take maybe almost a year to fully recover which will accumulated to last up to next year. All countries are capable of bouncing back not just US. It is just that it would take time depending on the approach that the government will exert to make recovery happen. It would vary on time but surely countries will recover its economic status right after passing through this pandemic.
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It seems like the flaws of the Philippine government have shown up at this time of crisis because more likely there are lots of complains that the citizens are throwing towards the government regarding their governance and management on how the plans and actions are being executed to resolve the problem with regards to the continuous increase on the total number of infected individuals in the country.
Philippines is not just the only country facing this scenario because almost all countries have been into this situation because admit it or not, the government is really having a hard time to manage and implement precautionary measures to lessen the number of covid-19 infected individuals. The problem is that Philippines with regards to land mass is small and being occupied by lots of individuals making the spread of virus to come really fast. The problem in here which I can see is that the government and the people is lacking coordination which makes the situation got even worst.
Although it is said that the economy is somehow starting to recover because business establishments are now back into operation and at the same time people are getting back to work, still the reality that the country is facing a big debt not just from this administration is already enough to say that the country's economy is still struggling to pay the debts and that is one of those complains that the people are voicing out aside from the slow response of the government amid with the existence of the pandemic.
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