If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
I don't think this will even come to play as it is somehow going against the objective of having a decentralized currency. There isn't any need apparently for countries having a national digital currency as it were so as not to replicate the fiat system again. |
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I have stopped having the daily use of the cryptocurrency for now due to the poor market values. I did had it used frequently in paying most of my impromptu bills. However, I only just visit daily to check on updates and especially for increase where possible.
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Specifically in the next 5 years, what do you think will be the greatest challenge or problem that the crypto market will face, and how do you think the market will overcome this problem? I also wonder if AI can help crypto trading safer and free from hacking and scamming?
The most threatening issue is that of Hackers. However, I do think that regulations and external manipulations of the markets too will pose threats to the expansion of the cryptocurrency beyond its oars. |
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I would love it if the third world countries can imbibe the cryptocurrency and blockchain technology. Like the Central bank and the senate have set up committees to go into study of this so as to introduce its benefits into the government structure of the country. I believe some countries have had some good reports having used it in their governing system; so, nothing stopping us in the third world countries from following suite.
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What would be your thoughts and prediction to what will happen in 5 years from now in Crypto?
Do you see higher values?
Do you see less projects?
Do you see a merger of many projects?
Tighter Regulation?
More acceptance?
Society in general?
In five years from now as regards cryptocurrency, I do see a more acceptance in the society in general with effective modalities being put in place to ensure reliability and sustainability. Projects being merged as a conglomerate and having a formidable team work and thereby having higher values on the long run. |
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I want to believe that before the fiats can be totally removed from bitcoin app wallets then the bitcoin must have been fully operational as a means of payments all over the specified areas. As for now, the fiats are fully in operation with the cryptocurrency markets
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The regulations are really playing a major role in the recent market status as we can observe that the bitcoin usual price volatility has been in check in some way. I do hope it will be for a time as bitcoin is meant to be volatile in nature.
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I did used to participate in airdrops until now when the market really dipped and I stopped; missed out on the hydrogen freebie too. Good advice you have here and wish people won't need to sell unnecessarily after reading this and wait for the future when their acquired tokens will really count.
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Though I dint anticipate the cryptocurrency market will still be this static at this time of the year. I am personally not happy to say the least. But like I have no other choice than to hodl and then focus on other things aside cryptocurrency for now.
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The cryptocurrency world has been a saving grace for many with its original intent which I partly presume is to liberate most people from poverty. But along the line, we have seen some scrupulous persons who have come to ensnare the market with hacks. We do hope the change/corrections will be made soon to put things aright.
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Definitely, some cash have been diverted from the world businesses into the cryptocurrency market and it is now an active business sector; with inflow and outflow of money. As at now the cryptocurrency markets is self sustained with relationships cutting across all sectors of businesses too.
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I don't allow the market trends to influence my selling off at any given time. The best I do when the markets dips is to hodl. I do wish most persons do have this same experience which could help resuscitate the market price.
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As at last year the buying of ICOs was a good way of getting good ROI; with respect to the quality of the ICO project. It could yield you a good profit within 3months and still counting when hodl.
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Working more is relative in advanced technology! I believe with the introduction of technology, our work in the respective area must have been reduced. This is partly the advantages of using/having technology!
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There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
Maybe at a particular time, the eating of your cake and still having it was somewhat functional at a time ago (last year) in the world of cryptocurrency. But you dare try that this time around and have your hands really burnt! The market noe isn't giving room for any get rich quick schemes. You now have to really plan and strategize properly before taking any important step in investment. |
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This is quite true and factual! Judging by some scams that also happened in recent times in the ICOs and the stringent requirement of KYCs! It is high time we became more security alert and also scrutinize these ICOs before further involvements.
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Well, quite a lot I can say still don't know about the bitcoin/cryptocurrency; few that want to know are still skeptical as having the thought of it as ponzi and coupled with the dip markets at the moment. I believe when the rise starts again, it can help increase the crave and education of more persons all over the world.
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Hi I just got some extra money and I'm looking to invest, I want to invest in BTC but the price is too high for me, what do you think will be the next BTC
one you can buy low and make a good profit when it burst?
Good you are interested in bitcoin investment for the future. In the world of cryptocurrency, it isn't bitcoin alone you can invest in, there are altcoins too which can yield even more/better profit compare with the bitcoin. So, I suggest you do some research analysis and get a better altcoin with respect to the amount you intend investing with. |
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.
I can suggest you keep on hodling till the markets gets its bull run but pending that, you can find something else doing to make up for the cryptocurrency break. |
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
I have never at once thought I wasted my time on cryptocurrency/bitcoin even much more with the help of this platform. I do know I got involved with bitcoin with aim of making an extra source of income. Though it got shortened some months ago but I am still optimistic something will happen about this soon and money will start coming in. |
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