Yes banking is still important in the bitcoin era because we can use it especially for our withdrawal from cryptocurrency to fiat. Most of the people as of now doesn't know about blockchain technology and cryptocurrency and they know is bank for their savings and withdrawal.
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Bitcoin will survive in cryptocurrency industry as long as there are project developments, businesses and industries that are engage in blockchain technology.
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If you have any relatives or friends who also engaged in cryptocurreny or a crypto holder, maybe you can buy cryptos from them at a cheaper price. You can also visit some cryptocurrency exchanger site like Kucoin, Huobi, Bittrex, Binance etc.
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I think you should not buy all your money on ethereum only. Maybe you should buy also other altcoins that has potential to rise so that if ever the ethereum goes down there are some altcoins that you can depend on.
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I experienced on a loan services. It is very difficult to collect payments from your debtor. I think it is better to HODL your bitcoin as a long term investment because you have no time to engage in other business related pertaining to bitcoin.
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There are many ways to invest in bitcoin. If you have money for capital, buy bitcoin and HODL it. Make it as an investment wait until the price goes up or trade it to some altcoins that has potential to increase its value. Maybe you just go on mining if you have a lot of capital to invest.
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Yes that is true. Bitcoin as new hope for humanity. It encourages us to fulfill our dreams like buying our dream house, car and helping our family in their financial problem.
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I think you already solve your problem on trading doesn't work to you because you are impatient. One of the best attitude that a good trader is he/she must have patient.
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Most of the people don't know or has only few idea on the purpose of bitcoin, cryptocurrency and blockchain technology that is why they said that when you invest on it you just like to gamble. Maybe in a few years from now when the world will accept the blockchain technology and cryptocurrency then they will know the value of bitcoin and the other cryptos
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The cryptocurrency I do prefer except for bitcoin is ethereum eventhough it is not the second highest value among the cryptocurrency but it is the needed cryptocurrency when it comes to project development ICOs.
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I don't afraid on hackers because I don't share or tell my wallet passwords to someone or sites. Most of the wallets were hacked because those wallet holders carelessly share their wallet password to some illegal sites. Wallets were created safely because it features 2 passwords.
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If someone said that bitcoin has no value maybe he didn't know about cryptocurrency and blockchain. The value of bitcoin is just a one month salary of an executive position in a well known company or a prize of a good conditioned second hand branded car.
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Well thats good news. Some altcoins already used to buy products and services without converting it into fiat in some major brands. Well it is your decision if you will stop on hodling it and buy something. If theres an advantage on it to you why not.
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It depends upon on how much you want to earn in bitcoin. Some people got loss because they were panic on a sudden drop on the value of bitcoin and sell it in a low rate compare on the value they bought it.
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In my own opinion, the price of the bitcoin in the future will goes up compares to the price that you had stated. As of now the value of bitcoin goes up maybe because of the demand and project developments that were created.
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As ling as there are project developments create and new altcoins develop, cryptos will go in a long term. I think the fast growing of cryptocurrency, some of the big fish were also invested into it.
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Both trade and HODL are good strategy in gaining profit in cryptocurrency. Make some studies, analysis and research on your cryptos where it has potential to gain more.
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Because of the growth of cryptocurrency, many project development created through ICOs and the popularity of blockchain technology, I think those coins and tokens created as of today will become expensive or more valuable after ten years.
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Thats true, why some countries join war or support war because they have some vested interests like selling their warships and weapons. Also conquering the resources of the other countries like petroleum products, golds etc.
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Definitely correct. You must study first the work around on trading, read articles or discussions like this forum to gain more knowledge and if you know persons that closes to you who also engage in this kind of trading you better ask him/her to give you more ideas.
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