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Bitcointalk has been always the biggest cryptocurrencies related forum. Many of the peoples involved in the cryptocurrencies are interested in this forum. People are still active here despite of the bad days of the market. This is a sign how much people are hopeful for the future of cryptocurrencies.
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No difference the market is growing or it is crashing. I don't recommend any one to invest in cryptocurrencies. Despite I have made profits in this market, I don't recommend any one. Because I know how this market is risky. People should study about this market and then decide. If some one invest in this market just according to my recommendation, might panic after a price fall and sell their coins.
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Contrary to that opinion, bitcoin and cryptocurrencies has seen a huge drop in adoption and activity by the public, since the pump of 2017.
Although it has opened the door to financial professionals and sectors to take advantage of the unique technology.
Many of the investors may have left the market because of panicking. In my opinion that's not bad. Because becoming an investment has not been the main purpose of bitcoin. It's better if that kind of people be away from the market. The main purpose of bitcoin is becoming a tool for transaction. I think more adoption is coming. But it takes time. |
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Investing in bitcoin and network marketing are completely different and cannot be compared. Investing in bitcoin is same as investing in gold but with more profits and also probability of big loses. Earning money with cryptocurrncies are not that easy you think. But network marketing is like a job. You don't lose money. You earn money depends on how much you are good in your work.
I think you are comparing these two, because both are included people that want to get rich fast. But they are completely different. There is only one similarity. In both of them earning money is difficult.
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I do not think people are panic selling at the moment. At least everyone invested in cryptocurrency to get some profit from it and if with time the expected profit is not reached you shouldn't be waiting but withdraw at least half of it to take care of yourself. This is what's happening on the market. No one is actually selling because of some fuds surrounding us.
That's exactly panic selling. When you sell your coins to protect yourself from bigger loses, you have panicked. |
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If some one is really expert in predicting the market, I will trust him/her. But no one is expert in this market. No one can predict the market. There are some people that are just famous and people think they are expert. But they aren't.
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seeing public interest in cryptocurrency is a good start but there is still much to be improved before crypto is truly acceptable, such as education about crypto in schools, seminars, news about crypto in the media so people can know more about what cryptocurrency is so that it can be accepted in this world. I hope !!!
If cryptocurrencies are accepted in a country for payments, all the people will gradually understand how to use it. That's same as credit cards or debit cards. People will understand it. In my opinion what really matter is regulations. Anonymity and decentralization are not wanted by the governments. |
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According to these 4 signs, I am a cryptocurrencies addicted. But I don't think it's bad. I am enjoying this addiction because I think getting involved in cryptocurrencies has been one of the best decisions I've ever made.
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In my opinion there are still many countries that have not provided clear regulations on bitcoin, even some countries have banned bitcoin from being used as a transaction method.
Better to say no country has provided clear regulations. In my opinion given the nature of bitcoin, its decentralization and its anonymity, there will be always some ways to bypass the rules. |
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Yes almost done and a lot of people are already know that can earn in cryptocurrency and this is a good job for a single dad or mom we can earn and can watch your kids and look at this member in forum almost a million are here and all of them they know about cryptocurrency and we here to earn
What is important is not earning money via cryptocurrencies. The purpose is using bitcoin in payments. That's what should be implemented in future if we want bitcoin to become successful. |
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There are many people have invested in bitcoin. What's the problem if politicians invest in bitcoin too? They also have the right to invest in bitcoin. They also have the right to not disclose this.
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I think because they're the first one to lose business when blockchain and cryptocurrencies dominates. Another point is, the blockchain is unhackable and cannot be counterfeited.
They will be still losers. Even if banks use blockchain technology , that will differ from the technology which is used for bitcoin. Banks don't want a anonymous system which can not be controlled. |
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There are many people know bitcoin since 2 or 3 years ago. They are still wishing they had bought bitcoin at 2009. They had missed many opportunities in these 2 or 3 years. The best think any one can do is take a action right now. There are many opportunities.
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I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?
Seven thousand dollars per coin is apparently not a small sum, and not everybody can afford it. I think the time of cheap coins has ended, so one would have to sell his house in order to make a more or less profitable investment in bitcoin. Another way out is doing bounties and investing all the money earned into btc, but that requires a bunch of time, which your friend might not afford to spend. There is no need to sell your house. You can invest in bitcoin as much as you can afford. You don't have to buy 1 bitcoin. You can buy 0.001 bitcoin. |
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News can affect all the market. We saw how bad news around facebook caused its shares to fall.
This effect is very busy bigger for cryptocurrencies due to the whales. They use the effect of news to manipulate the market.
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I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?
But I think the volatility which you are talking about has attracted many people to enter cryptocurrencies market. As we all know cryptocurrencies has not become a common currency yet and the reason many people are involved in cryptocurrencies is this volatility. |
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Go to coinmarketcap website. You can easily check the price of bitcoin. What is shown there is the true price. Because it has determined by supply and demand. The price every currency or an asset must be determined by supply and demand.
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Buying a bitcoin in low price will be profitable when the value of bitcoin goes up.
So for me it's better to buy it in a low price then hold it until it reach to your expectation of the price up.
The problem is your predictions are not supposed to always come true. But if a person is an expert, can earn big profits and become rich. |
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Let the price to rise naturally. The price can rise by what you said. But it can cause an bubble. Assume that all the medias start to promoting bitcoin. Then the price will rise. But that's a bubble and the price will finally fall.
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