Why are many disturbed about the drop in the price of bitcoin  . Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin.  of course, because bitcoin is increasingly famous among people who are confused about where to invest. in the end they invest in bitcoin and there are still many people who are convinced of bitcoin. |
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I just created this thread to gather opinions ..
Ethereum is next to BTC?
It will be very difficult for ETH to replace BTC because we have seen how the development of both of them. Maybe in the future it will also be quite difficult for ETH if you want to compete with BTC. |
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The crypto world is growing everyday even with the rise and fall of the crypto market, that hasn't stop the massive growth happening now. Altcoin particularly has evolved that even noobs find it promising to lay hands on some coin.
Yes with a good and lucky trading you can earn some good money from crypto. Also through investing in an ICO or doing some bounty hunting you could find yourself with tons of tokens.
So months after months, you've earned yourself with tons of tokens but currently doesn't have much value or you just don't know what to do with them. You keep getting that hunch that your tokens will blow one day and you will lambo.
The truth is, we never can tell which project will eventually succeed or fail, we can only do research and hope it succeed like following up the project and see if any positive progress is happening. Many tokens dumped shortly after ICO and has been dead since while some are fairly stable. Personally, im a hodler because i believe cryptocurrency is a gamble which we sometime win some or lose some, so i HODL hoping in the long run some will succeed.
So, what do you do with your numerous tokens? Do you convert them to fiat or Hodl the ones you can?
Maybe by looking at how the tokens have developed, I can hold them or sell them. Because I am more likely to hold tokens that I get from the bounty or ICO. |
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In many developing countries where gold and silver are so important almost every function in the house is related with it , the dieties the important utensils , earrings and other ornaments , these precious stones are always over the top.
Now the recent survey shows that silver is loosing ground due to cryptocurrencies, and these precious stones are now getting cost stabilized.
What you think is it a good or a bad news ?
Well personally I think it's a pretty good news more and more people will be able to afford it and also I think these precious metals are over valued so it's doing good that it's somehow getting their value down and establishing it's own place.
Silver and crypto currencies are very competitive at this time. Therefore silver is likely to experience some slump because the crypto currency is growing. |
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You have to learn economically from now. Because it is very difficult to hold your money in the long run. Maybe give a schedule of how you use your money for the expenses you use.
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I use long-term investment. Because I want to hold Bitcoin or altcoin that I have as long as possible. Want to see how the crypto currency develops in the future.
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What have you been using your ETH for?
For trading
To buy ICO
For long term investment
Other - explain
I use ETH to buy several altcoins that I think the price will go up. Or I make a transaction also using the ETH I have. Hope the ETH price will be higher. |
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If you really want to hold the bitcoin that you have for the next 5 years, hold it might be something worth trying. By looking at bitcoin which from 2009 to 2017 and then within 8 years of bitcoin can increase its price so far until now.
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I see many people asking for opinions about ICO investments, if they are good, profitable or not and I see many people replying it can be good or not, you must have knowledge to choose a legit ICO, to find out who are the developers...
But I would like to hear successful stories about people who invested in ICOs and made profit. Please, tell what ICOs you invested and how much profit you made, if you liked it and if you still look for this kind of investment.
Maybe I still don't dare to invest in an ICO that isn't necessarily successful in the future. Therefore, I might prefer to invest in a place where the price is clear. Maybe I will try it in the next few months looking for an ICO that I think is good. |
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Because with crypto we can transact more easily than fiat currencies. Therefore I am sure that the crypto currency will be used to see the transaction is easy and safe.
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Of course because if you join and trade using bitcoin or you invest in it maybe it will be very dangerous to see bitcoin prices rise and fall in recent months. So it's better that you learn it first to someone who is more knowledgeable.
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Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin). Will the impact be positive or negative? Maybe every government in southeast asia is still thinking about it. Because that will have an impact on their economy in the future. Therefore there may still be those who accept or not. |
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I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do. It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles. How do these companies verify people if all they have to go on is public information? Did they even really check the ID's or were they simply collected the data? How rampant do you think this is? How many of us are complete fools for turning in our documents when others simply faked it. Now they have our data and the people who faked it are still secure.
NOT FAIR.
That is very detrimental to those who are used by KYC even though they do not participate in the ICO or whatever. That can be called identity falsification and can also be in jail if the aggrieved person reports this. |
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There is a time when the market will be red or green because it depends on the trader who trades in the market every day which will make the market will always rise or fall in price.
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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Nobody knows how the fiat currency will go in the future. Maybe the Fiat currency will not be used anymore because it is now the era of digital currency where many people compete to pay easily and safely and quickly too. |
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Maybe they will regret seeing the crypto currency more and more used by many people. Because maybe it will benefit Facebook itself if they don't ban crypto ads.
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Many fake volumes in exchange if we pay more attention to it but maybe it won't affect if the volume is an altcoin that has no price.
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Maybe in bitcoin is the right choice if you really dare to invest in it. Because I am very sure that bitcoin will rise in price by the end of the year, it might reach or exceed the price of last year.
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Of course both are very good but I prefer to increase the dollar because surely the dollar will be very used for the future while our bitcoin doesn't know how it will go in the future. Even though I hope a lot on bitcoin.
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