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As we already know about crypto, we can share our knowledge and help others to know and understand what crypto really is. How to use it? And How to start investing? Even we are not a teacher in profession but we can do what teachers did not just in school but also to our family, friends and neighbors.
I tried but it was hard at first because I have friends who didn’t believe in crypto and they thought bitcoin was just a scam. The pandemic has given difficulties to everyone especially in terms of financial. The government helps is not enough to meet the daily needs especially in food. I decided to try to help some of my neighbors who knew what I was doing to earn and to survive this pandemic despite losing a jobs. Fortunately, they are ready to learn and now they are making money in cryto like me.
I just want to say that we can help others, not only financially but by sharing what we know that can also help them. If there is a saying that "It's better to give than to receive", for me my saying is "It's better to share what you know in order to help than just to keep it to yourself".
This Christmas if you can't give a gift like money, bitcoin and other material things, let's just share our knowledge of crypto with others as a gift.
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Trading is not just to earn but also to learn. If you have learned about markets and traded them for over two years, I believe you have a lot of experience and you have learned a lot about it. Trading can be a deceiving profession because you can earn a lot through this and it could change your living but don't forget the fact that if you do not spend the time to learn, you’ll just waste a lot of time and money.
Sometimes newbie in trading have the wrong mindset. They are just trying to make money as fast as possible, because they think trading can make them rich quickly which is definitely wrong perception.
During the time I started trading in crypto, I didn't think of making huge money instead I was thinking how to trade successfully and how to avoid losses so that I can keep my small capital secured. In other word, I was afraid of losses. Spending time to learn and understand technical analysis, the trading view platform,and a market as a whole has shown me that making a living and earning good profit is possible in crypto market.
I've also learned that Trading is not an easy money machine. It always need your time and effort and most important you have a lot of knowledge, strategies, patience and self discipline. If you are able to enter, you should also determine your trade exit.
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"The new infrastructure bill signed by US President Joe Biden includes a crypto language that makes it easy for the IRS to bring transparency in crypto tax reporting" This news has a negative impact in crypto market because it restricted crypto businesses and those with digital asset transactions worth more than $10,000 shall be reported to the Internal Revenue Services. Crypto market are now moving down and maybe this news will cause a panic selling. Do you think it is just a short dumped for bitcoin and other cryptocurrencies? What good it will do to the economy , to the government and to all crypto enthusiast? Source: https://www.coinspeaker.com/biden-infrastructure-bill-crypto-brokers/
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There's a thousands of coins and tokens in crypto market. We can see the pump and dump of every tokens or coins in the market. People usually look on the use case of a tokens or coins before they invest but not all. Other's doesn't care about the utility of a certain coins instead they are after the profit they can get during the pump of a token or coins. Hype can make a coin pump but it's generally unsustainable and utility can make a coin pump long term but it needs hype to thrive, otherwise there won't be enough people to patronize and buy such coin. Hypecoins are good for short term gains, but will never beat utility in terms of smart long term calculated investing. If you are a trader or investor, what is important to you in choosing token or coins to invest, coins depends on hype or coins with utility?
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SHREW bounty campaign that was managed by TheAndy500 did not pay the signature participants. Before that happened Arfy of Shrew decreased the total bounty allocation from 30M shrew tokens to 2.5M after the end of the campaign. Many hunters did not accept the changes but Arfy start distributing tokens to twitter participants and suddenly he stop distributing and also deleted the bounty telegram group. Unfortunately I am late to make an screenshot regarding the conversation in telegram group. He did not pay the signature participants. I made this post just to ask if this kind of circumstances is considered as scamming? Is there any rules on this forum to prevent this kind of fraudulent works because I see that most projects just use bitcointalk to promote their project through the hunters and then the hunters will not be paid at the end of the campaign even if their project is successful. If so, many projects will get used to just using hunters and then not being paid. Pity the hunters despite their efforts to participate in the beautiful project but in the end it is still a scam. It’s okay if the project isn’t successful because you can understand why they didn’t pay those who promoted their project.
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I just want to share this. When I first learned about bitcoin and other cryptocurrency, I also shared it to my friends and told to my family members about it but they didn't believe me and they thought that it was just a scam.
I started from participating in various campaigns even though I was not good at answering and making my own post. Eventually, after learning more here on the forum about investing and trading, I tried to make a day-to-day trade and so far it has been successful and my family knows I make money doing it.
It is always true that people are "to see is to believe" because now my family has also entered the crypto world through trading. More surprising because even my 4 year old child also knows the trading site and knows how to spot buying and selling which is proof that it is not hard to teach others about cryptocurrency as long as they believe on us.
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There will be an upcoming Ethereum (ETH) protocol upgrade that is expected to take place on August 5,2021 (tomorrow). The change is technically known as Ethereum Improvement Protocol 1559, or EIP-1559, and will be included in a network upgrade called the "London hard fork." The aims of EIP-1559 is to make transactions fees more predictable, therefore making the Ethereum network easier to use. Do you think after a long period of paying higher transaction fees, there will really be any changes now?
This Ethereum upgrade will also destroy coins in which some investors believe the fact that the supply of ETH will be limited by burning could cause an explosive price growth. What do you think about this? Well, we don't know exactly what will be the effect of this upgrade and ETH burned, so let's just wait and see. But I hope that there will be a bigger changes in Ethereum network after this upgrade that can attract more investors again despite Ethereum’s many competitors today. The demand in Ethereum will also cause a price increase and not only base on the supply.
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FIAT (Coins) ---> Electronic Money (Gcash, Paymaya, Paypal, etc...) ---> Digital Currency (Bitcoin, Ethereum, BCH, XRP, etc...)
Due to the spread of the Covid-19 virus in different countries, people have become aware that many viruses can be obtained from fiat money. That's why in our Country suddenly dropped the percentage of users of fiat money especially coins. And because of locked downs, people are just stay at home. So, they start their works online and also making transactions online, buying and selling online and instead of paying a cash money, they use electronic money for payments or even sending money for their love ones. Also, through this pandemic many people start using cryptocurrency where they can earn money as another source of income. So, making transactions outside is really difficult nowadays, but because we have a lot of modern types of mode of payments, no need to worry about that. We can make transaction easily just by using your phone, computer and other gadgets, with fast transaction, safe and hassle free because you just make transactions while stay at home, and away from VIRUSES. From Fiat money, we use electronic money and now digital currency is available to be used anytime. If we have friends who don’t know about digital currency, we can help them understand and learn about it so that they can use it as well and at the same time we can help the demand of bitcoin and other digital currencies to increase.
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March 2020 when covid virus spread in our country that caused a couple of months of a total lockdown. Many people lost their job and others are now investing in crypto and joining some campaign just to earn money and continue living. Last month of March this year 2021, finally, there are already a vaccine and many Frontliner's are now vaccinated. But why this time the number of Covid positive in our Country are increasing with new variant of Covid Virus? It seems that this pandemic has no end...There is also another lockdown. It's so sad and difficult! What will happen to us and to our economy? Do you think this virus will not stop? What about in your Country?
I think now, much better to stay at home and focus on crypto rather than trying to find another job which is very impossible at this moment.
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It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees. Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good. When will the Ethereum gas fee go down? Anyone knows?
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Many believe, but many are also skeptical of bitcoin.
From the very beginning of bitcoin until the last 2017 when it reached the first ATH, many people believed but after 2017, the doubts in other people’s hearts are rising. There are many negatives news and accusation you will hear and read about bitcoin. Many say this is just a scam. Many also predicted that it would not rise again but some still believed that bitcoin would rise.
Because bitcoin suddenly collapsed after 2017 ATH, many people sold their bitcoin even in losing out of fear.
Now, bitcoin proved how valuable it is. Bitcoin has risen unexpectedly and is still rising today and we do not know how far or how long it will stay on top.
Blessed are those who believe in bitcoin and are confident of waiting for its new development that will pave the way for more being more valuable. But while some are now enjoying the fruits of their patience and investing in bitcoin, others are deeply regretted because they did not save bitcoin when it was still at a low price.
Honestly, I am one of those who regret that I did not buy and hold when the price was still low, also due to lack of adequate investment. So next time I will not hesitate to buy and hold it. I just hope I have enough money to buy when its value goes down again.
What has bitcoin done to you? Is it Happiness or Regret?
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If bitcoin made a new All Time High record now in the crypto market, do you think Ethereum will also follow and break it's ATH last year January 2018 which is more than $1000?
We have always observed that if bitcoin rises in value, most altcoins follow as well. Even now that bitcoin has reached another ATH, altcoins are also increasing and now, market is in green celebrating the bitcoins new record.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
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I just thought from the first year of the creation of bitcoin until now, it continues to grow despite the government's rejection and many people do not know about it. Now that the popularity of bitcoin is increasing as its value rises, we can see how important and useful it is. Due to the continued popularity of bitcoin, it is now also included in the subjects of students at various universities for advanced knowledge. Many investors are coming along with Billionaires and Millionaires and some big companies Now there is another indicator of growing adoption of bitcoin through Millennials and young investors because they are sure that they will become interested in bitcoin because of the benefits it can give them. The impact of this Millennial in crypto currency is really great. The future of bitcoin is in the hands of Millennials who in turn will pass it on to the next generations. Prince said he expects crypto to “grow as a share of that alternatives bucket.” “Crypto-invested Millennials is an insanely valuable group [...] These are people who were ahead of this trend.” During the discussion, Prince identified three major Bitcoin adoption trends that are inextricably linked to Millennials and younger investors: The ongoing wealth transfer from Baby Boomers to the young via inheritances, the growth of alternative assets and shifting preference for everything digital. https://cointelegraph.com/news/millennials-will-boost-bitcoin-adoption-for-years-to-come-blockfi-ceo[quote/]
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After a $19K value of bitcoin this month of November 2020 it suddenly down and now it played at the value of $16K in the market. Why it's so fast for downtrend of bitcoin? There are two key trends caused the recent Bitcoin correction. First, whales began to sell BTC at around $19,000, resulting in a downside volatility spike. Second, this relatively small price drop triggered a cascading wave of liquidations in an overleveraged futures market. Ki Young Ju, the CEO of CryptoQuant, said that more corrections might come in the short term. “More $BTC corrections might come. All Exchanges Inflow Mean (144-block MA) remains still high. In my opinion, we’ll face some corrections/sideways this week and it will break $20k by December this year. I’ll stack some sats a few days after.” https://cointelegraph.com/news/bitcoin-s-price-correction-may-not-be-over-on-chain-data-analysts-warnIf it was true that there are more bitcoin correction to come, then I think, it is a good time to buy more again before the another bitcoin ATH will come.
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Bitcoin is already more than ten years of existence now and many changes in the development of bitcoin continue to occur today and as the day goes by, bitcoin become more valuable and useful. Government is always aware of that for sure that's why they always find away on how to take advantage of bitcoin despite its decentralization. Taxation is what they want to imposed. I think no body can escape if the tax for bitcoin and other crypto asset will become implemented by next year 2021. If one country start and become successful for implementing tax, then I think other country will follow. OECD tax director says international crypto tax standards are coming in 2021. Pascal Saint-Amans, the director of the OECD’s Centre for Tax Policy and Administration, has asserted that the 37-nation organization will introduce a common reporting standard, or CRS, for crypto assets in 2021. According to Law360, Amans stated that the crypto tax standard “would be roughly equivalent to the CRS” developed by the Organisation for Economic Co-operation and Development to combat tax evasion. https://cointelegraph.com/news/oecd-tax-director-tips-international-crypto-tax-standards-are-coming-in-2021
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I read some post here in the forum that Ripple will replace bitcoin...is it true? Let's find out.... https://bitcointalk.org/index.php?topic=5271101.0It is clear that Ripple isn't trying to compete with Bitcoin but we still want to see both this two different digital coin to become successful in crypto space. Let's support both of them and enjoy the benefits they bring to us. Bitcoin now is still striving to reach the past ATH and Ripple also increasing it's value from the past few days.
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Yesterday bitcoin already reached $18,000 which is near to the last 2017 ATH. It shows how important bitcoin is after 2017 ATH then suddenly crashed and now coming back to catch up again or maybe even exceed its ATH. Bitcoin is really valuable and the demand on it keep on increasing. Some big companies are now adopting and allowing cryptocurrency buying and selling like Paypal and Square. And now not only big companies but also millionaires want to buy and use cryptocurrencies. I think, nothing can stop the continued increase in adoption of bitcoin. The number of millionaires wanting to buy cryptocurrencies is on the rise, with a new survey indicating that 73% want to own digital assets before the end of 2022. “As the survey shows, this impressive performance is drawing the attention of wealthy investors who increasingly understand that digital currencies are the future of money and they don’t want to be left in the past.” https://cointelegraph.com/news/survey-of-millionaires-finds-73-own-or-want-to-invest-in-crypto
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Bitcoin now reached $18k value which is near at the last ATH value. However there are some people that predicts more than the value of last time ATH. Citibank Executive Says Bitcoin Will Trade at $318,000 by End of 2021 Citibank Group’s Global head of Citifxtechnicals product, Tom Fitzpatrick expects to see the price of bitcoin peaking at $318,000 by end of 2021. Although he concedes that his prediction might seem improbable, Fitzpatrick argues that such a surge will still be the weakest rally for the digital asset when compared to other assets such as gold. He also adds that bitcoin is all about the”unthinkable rallies followed by painful corrections.” Bitcoin will see huge price swings before finally settling at the predicted price suggests Fitzpatrick. The Citibank boss cites some of bitcoin’s key attributes which include the digital currency’s “limited supply, ease of movement across borders, and opaque ownership.” https://news.bitcoin.com/citibank-executive-says-bitcoin-will-trade-at-318000-by-end-of-2021/Is there any truth in what Citibank Executive said? What do you think guys?
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Electricity is a form of energy. Electricity is the flow of electrons. All matter is made up of atoms, and an atom has a center, called a nucleus. The nucleus contains positively charged particles called protons and uncharged particles called neutrons. Internet access is the ability of individuals and organizations to connect to the Internet using computer terminals, computers, and other devices; and to access services such as email and the World Wide Web. Internet access is sold by Internet service providers (ISPs) delivering connectivity at a wide range of data transfer rates via various networking technologies. Many organizations, including a growing number of municipal entities, also provide cost-free wireless access and landlines. Mobile networksA cellular network or mobile network is a communication network where the last link is wireless. ... These base stations provide the cell with the network coverage which can be used for transmission of voice, data, and other types of content. Edit: The above meaning of electricity, Internet Access and Mobile networks is just a meaning I got from Google and https://en.wikipedia.org/wiki/Internet_access. I just put the meaning of that for additional knowledge and understanding.Hello guys...I just want to share with you what happened two days ago. The typhoon Ulysses has ravaged our country especially in our area that time. At the middle of the night where we experienced strong winds and rain when we suddenly lose electric power and at the same time lose internet connection. After a whole night of strong winds and rain, there was high flooding elsewhere but I thank God that we were not flooded in the area where we live. Many people affected by the flood are asking for immediate help and relief because they are at risk of being flooded. Many friends and relatives are worried but sadly because there was no communication at those times. There is no electricity, no internet, and the signal for mobile network is very weak. You can't connect to anyone because all online connection are down for more than 24hours and even now other places which very affected still no have power supply. I have Ethereum in my wallet and I want to cash out and exchange fiat money to spend and buy our foods but I can’t because there is no electricity anywhere and even the remittance center are affected and cannot process the transaction. You can't even buy food and other necessities online. The situation is very difficult. Electricity, Internet and Mobile Network are the major important to consider for all online transactions and communications because we are in a new generation which almost everyone uses a computer, phones, and other gadgets which also needs electricity and internet connection. It will further affect our economy and digital currency, business establishments will not be able to operate and transact, those with online jobs will not be able to work, we will not be able to trade, invest, and use bitcoin and other digital currency and crypto currency will become worthless.
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