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In the middle of a pandemic like this time many people are working online. So like digital currency trading is the main choice because it generates many advantages. No wonder Bitcoin is becoming the most popular in Google Search, compared to altcoins. Bitcoin has a good promotional strategy and is often seen on social media. Even like one of their English football clubs use Bitcoin sponsors. Of course, this is the thing that attracts people to know more about Bitcoin through Google.
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Viewing multiple projects has also run participant restrictions. And the result they get more coins when compared to projects that are not restricted participants. We can see the Bounty project with Bitcoin payments. Participants are also limited but only with an account above full members who can join.
But all the definite decisions in the hands of Bounty managers. Seeing many altcoins of course we must also be intelligent in determining the Bounty project. So, despite the many bounty participants, we can still get good results.
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Some projects choose to continue after the spread of this Virus expires. Projects like Insure choose to temporarily not continue the bounty work. Even they will promise to return to continue the Bounty project this month. Unfortunately, this kind of thing made it disappointed with the bounty hunters, many of them leaving the project. Prefer projects that continue to run in the middle of a global pandemic.
This pandemic does make a big impact. However, there are many projects that continue their duties. Moreover, there are now many crypto coins that start going up.
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Bitcoin is a very valuable crypto asset, everyone should be worried about losing this asset. Bitcoin can be inherited as long as the person receiving this asset understands about Cryptocurrency. If you need an application about legacy programs of course this app should be safe as they will store private keys. From now on we may have to provide information about our assets against wives and children (children who grow and understand the online world).
I personally have taught my wife to learn digital currency trading. So when I am not automatically there is my wife who will later inherit the crypto-currency assets.
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If the primary asset drops very strongly, other cryptocurrencies also fall. Such as Ethereum, XRP, Litecoin, and Bitcoin Cash also declined. In addition to this massive decline, market capitalization also declined. But we also have to be ready because when Bitcoin drops very sharply, Bitcoin is also ready to go back to the top. For those of you who are still holding coins, you must be patient and do not follow the flow, to avoid the loss. The altcoin is an alternative to Bitcoin and if the main coin collapses, Altcoin will also respond to it. But we also have to be ready to re-buy the coins because if the price returns quickly we will make a profit.
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Although the market conditions collapsed, I still trade. For me, the market collapse conditions are a good opportunity to buy coins at low prices. I'm also still doing work like signature campaigns and social media campaigns. For me despite the Bounty project conditions have declined, it didn't make me give up. But I was thinking that someday the Bounty coin project could get back successfully and at that time I already had a lot of coins and was ready to sell it.
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The Bounty is managed by a good and trustworthy Hhampuz. But I see that this project, Hhampuz uses the payment of BTC and they also limit the account level and the number of participants. Even with a full member account, I often can't participate because of the full participant.
For me actually, before joining the Bounty project, we have to do a check, even though it is managed by an experienced manager. There are a few steps we have to go through because a fake project can happen to all managers.
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Exchanges such as Exmarket and Latoken with trading volumes are very low. I was also very disappointed with exchanges like Exmarket and Latoken. I have an ICO token and it is included in the exchange, but until now there is not much activity to buy and sell transactions. But we also should not be upset with exchanges because IEO tokens certainly have a team of developers. And the team is behind a project that should work hard to build a more valuable Token.
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I don't guarantee that Bitcoin is a completely secure asset. But Bitcoin also has many benefits such as:
1. P2P Transfer instant.
2. You can transfer anywhere (same difference in gold, Bitcoin can be transferred everywhere).
3. In addition, transfer costs are very low.
4. Trading profits are enormous.
And many more advantages.
Then I returned again to the main topic that this asset has a high risk. You save in a Bitcoin wallet also has a risk. But all, of course, have to be careful and the keywords are kept in place offline.
Bitcoin trading is a high-risk activity, prices heavily influenced demand, even global news can also affect the price movement of Bitcoin, so before you buy or invest, think well.
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For me, it is important to give information to his parents. Especially if they need money for living expenses after the child dies. If you're in another country, you better call your friend. If your friend does not know how to use Bitcoin and sell it. You can provide information to learn through YouTube. Or with technology now you can video call, then lead your friend to tell the procedure.
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Crypto-assets are risky activities, so if we lose, this is the risk we should be aware of.
I also had the experience, but I was lucky when I started trading in 2017, benefiting from BTC and ETH. I learned to trade for the first time, guided by my brother, who had previously been a trader. Especially at that time, the price of the crypto-assets increased significantly. It is my precious experience, though when trades sometimes will also disappear.
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Bitcointalk Username: suhadi88 Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1056642Current post count (Including this one): 842 Amount of merit (Earned) in the last 120 days: - BTC Address for Weekly Payouts: 14HEN6bFecwH6RaVKKtD8QuHBc8qRdmweq I will wear a signature and avatar if accepted. |
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As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
The government has been working hard to prevent the Corona virus from spreading more broadly. So the government takes a number of policies. Although this policy will have an impact on the global economy. Cryptocurrencies have also been impacted by the Corona virus news. We believe that this virus is treatable and many people have recovered. So I wouldn't think that this would be permanent. When this virus affects the cryptocurrency and the price plummets. It didn't take long for Bitcoin to bounce back high. And the current price of Bitcoin is $6.274 and this will encourage other coins to continue to grow following Bitcoin. |
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I think it depends on your condition. If you already bought coins and dumps happen. Better strategies are not waiting for the price to fall lower. To sell your coins even if you lose money. The next step is to wait for the lowest price and you should be ready to re-buy the coins again. Because with the situation now the currency price can suddenly rise rapidly after the dump occurs. And this becomes our best opportunity to get profit.
It may be hard to do but I've experienced such a thing. Experiencing losses in cryptocurrency trading I think it makes sense. But we also often benefit from crypto-currency trading.
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Bitcoin has again experienced a very significant decline and it is the effect of the Corona virus. The Corona Virus has now become a pandemic after the WHO announced in the last few weeks. With the collapse of the price of Crypto assets, we can certainly take discretion. When this condition we can invest in several coins that have good potential at a low price.
I agree if this kind of condition will persist in a few months. All countries today are starting to be vigilant and trying hard to prevent this virus from being constantly contagious. We hope that this virus is immediately gone and the Crypto asset is back up.
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Demand is less so that ETH still remains low. Additionally, many business projects experience failures. It also greatly affects the development of ETH. We know many investors are out of the market due to many fraudulent projects.
The impact of the fraud that occurs in the business of the ICO project, IEO and STO are difficult to get investors. So demand ETH is still very low having difficulty to climb. We know that Bitcoin in this year had dominated the market, even ETH responds very slowly.
However, I believe in cryptocurrencies that the Altcoin season will return. Just that we don't know it happens when? So we also have to be patient.
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I am only in Crypto trading, investing and Bounty campaigns. From where I am working on this I see that very dominating the coin market is Bitcoin and Ethereum. Bitcoin is clear that this coin is the first digital currency.
Ethereum is a coin with a big supporter because this coin is used to platform many projects ICO, IEO, and STO. So I argue that for long-term investments or trading Bitcoin and Ethereum are very precise. In addition in the year, 2019 Bitcoin has been back up very high reaching $10,000 more.
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Anything can happen and as now Bitcoin continues to evolve and increasingly popular. Another 10 years may have been a lot of people utilizing Bitcoin for whatever. Bitcoin has a lot of potentials that we can make use of in life. It will probably be a payment medium so that when we go everywhere do not have to bring cash.
So you don't have to worry about Bitcoin. I hope you can also invest in crypto. However, you have to learn a lot about good investments.
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