I was not surprised to know that Binance US ended up suspending XRP, because XRP problems with the SEC will definitely have an effect on exchanges based on US. This will be a tough problem for the XRP team to face, The only way is to win in court. But in my opinion there is no way XRP can win against the SEC in court, so XRP's good name is damaged. I predict that in the near future many XRP holders will sell their coins. Because if many popular exchanges do suspend and delisting, it will make people less trusting in XRP.
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The more good news related to Bitcoin, this will make Bitcoin even more popular and will attract many people. As did NFL player Russell Okung asking for his salary payment in Bitcoin, hopefully it will be followed by other athletes too. So it can encourage more and more people to own Bitcoin, and make the Bitcoin price rise even higher. Hopefully all work can be paid for in Bitcoin, because now owning Bitcoin is more profitable than owning fiat.
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I am quite surprised by the performance shown by Bitcoin in early 2021, I did not expect that in recent days the increase in the price of Bitcoin was so fast. It is surprising that the current Bitcoin price has touched $ 34,000 if like this I agree that Bitcoin will hit a price of $ 40,000 next week. Although currently Bitcoin is showing a bullish trend, it doesn't mean it is safe to buy Bitcoin at its current price, we have to be careful with the volatile Bitcoin price. If the price of Bitcoin can rise suddenly, it is not impossible that it can fall suddenly. My advice is always to use stop-losses to protect our capital.
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What you told in opening post reminded me of trying to make money through the Dice game, which I ended up losing quite a bit of money. I had this bad experience around 2018, I played Dice using ETH. My starting capital was around 0.7 ETH and in a short time I was getting 11 ETH. Finally I made a withdrawal of about 3 ETH to buying the things I wanted. Then I used the remaining 8 ETH again to play Dice games, but soon I lost all the capital I had. Luckily I have enjoyed the 3 ETH that I have taken before. This is a lesson for me to never play long-term gambling, and don't be greedy to make big profits.
For 2020, I play sports betting more, but in 2020, my financial situation is not good. The budget for playing gambling is limited and I don't bet too big. Maybe around $ 100 in the budget I provide for gambling capital every weekend, because I always play gambling on weekends only. But because in 2020 sports matches cannot be attended by spectators, many results were unexpected. So the conclusion is that my gambling experience in 2020 is arguably not good.
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With Bitcoin still dominating the market by 71%, we must be careful when choosing altcoins to invest in 2021. Because based on my observations, only altcoins that have strong fundamentals are worth buying in 2021. I recommend buying BNB, LTC, ETH, LINK, DOT, XLM and TRX. All the altcoins I have mentioned apart from having strong fundamentals, all these altcoins are high volume too. So in my opinion it is very safe to buy nowadays.
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Many factors determine how long I wait for an order to complete, usually if the coins have a high volume and are in the top 20 cryptos I can wait up to a year. But for low volume coins, I might only wait about a week. If nothing changes or the price decreases, I will cut loss. Because low volume coins are very risky for scams, but most importantly in trading always use TP and SL. So when the price reaches the target it is immediately sold and when the coin price drops suddenly the capital we have will be protected.
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It depends on which country we live in, for my country which is a poor country. Then it only takes 2 BTC to secure the future. For myself, I have a target of collecting at least 5 BTC as a retirement plan, but because the price of Bitcoin is currently increasing, it is increasingly difficult to collect Bitcoin. But as long as we try there will definitely be a way to get to our target, I have a target for the next 10 years to have at least 5 BTC.
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15 players who will be free transfers in 2021
1. Lionel Messi (Barcelona) 2. Sergio Aguero (Manchester City) 3. Mesut Ozil (Arsenal) 4. David Alaba (Bayern) 5. Memphis Depay (Lyon) 6. Arkadiusz Milik (Napoli) 7. Angel Di Maria (PSG) 8. Julian Draxler (PSG) 9. Sergio Ramos (Real Madrid) 10. Jesse Lingard (Manchester United) --- The update has been extended by Manchester United for 1 year. 11. Henrikh Mkhitaryan (Roma) 12. Hakan Calhanoglu (AC Milan) 13. Jerome Boateng (Bayern) 14. Shkodran Mustafi (Arsenal) 15. Gianluigi Donnarumma (AC Milan)
It is very interesting to see the list of players whose contracts will expire soon in 2021, some players with high prices and also have high salaries. What is interesting may be related to Messi's fate whether to stay at Barcelona or move, I think Barcelona should sell Messi in January. Because Messi's salary is large and his game has decreased considerably, especially Barcelona is experiencing a financial crisis.
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My advice for solving problems related to take profit is stick to the plan, I'm sure everyone when deciding to buy coins must have set a target for sale at what price. So immediately sell the coins if you have reached the specified target, but most people are greedy so when they reach the target they don't sell it. And want even greater profit, finally the price drops and gets a profit below the sell target.
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The year 2028 is still about 7 years away, so anything can happen in 2028. Including the Chinese economy is expected to pass through the American economy. If you look at China's current economic development which is quite rapid, it is possible that in 7 years China will be able to dominate the global economy. But we also must not forget that today the USD is the currency that is still trusted by most countries in the world, as a global currency that can be used for international trade.
While Yuan is still used by residents of China only. So, indirectly, America still plays an important role in the world economy. Both China and America will continue to fight to become the country with the best economy. We'll see who is better in the next 7 years.
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Now we are in the beginning of 2021, and the price of Bitcoin is still going up. This is a good sign and my decision to HODL Bitcoin was correct. If we look at the price of Bitcoin now it has reached the price of $ 31,000, it looks like the price of Bitcoin will go to a price of $ 35,000 in the near future. Even though I predict the price of Bitcoin will still go up, I don't recommend buying Bitcoin right now. Bitcoin price is too high, very risky if you insist on buying Bitcoin now.
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I didn't expect that the XRP problem would get so big and one by one exchanges followed Coinbase's lead by removing XRP. If it continues like this XRP can become dead projects, even though XRP is one of the best coins. It turns out that the SEC's demands had a sizeable effect on XRP, If it is true that XRP is proven guilty in court as such XRP will be removed from all exchanges.
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Good exchanges in my version are those that have real volume, there are many choices of coins for trading, complete trading features, fast support service and equipped with a sophisticated security system. If the criteria I mentioned are all available on the exchanges, means that the exchanges are good and worth using. Of all the exchanges in circulation that have these criteria, Binance, Huobi, Okex and Kraken.
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I don't know the real reason why Warren Buffett hates Bitcoin, but hopefully he will not regret his decision not to invest in Bitcoin. Even though many companies and wealthy people have finally realized the potential of Bitcoin. I still hope Buffett can change his mind and decide to invest in Bitcoin, if that happens the Bitcoin price will rise even higher. But if Buffett remains stubborn with his decisions, I don't mind this either. Even though Buffett doesn't invest in Bitcoin, I believe the Bitcoin price is still going up.
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I think the second half of the season the standings will change the position 1-3 with a slight point difference. Milan, Atalanta, Juve and Inter will be fighting over each other week by week. The reason is, Milan's performance is a little shaky, Inter is getting better, Atalanta with its consistency and Juvetus players are starting to show adaptations with Pirlo's strategy to be played well by the players.
it depends a lot on how the various teams will move on the January transfer market. I read that the Inter management is not willing to spend a lot, it all depends on how much they will get from the sales of Vecino, Perisic and Eriksen.Milan will certainly spend very little, the only team that can afford to buy new players is Juventus. for the fight for the Scudetto I think Inter and Juventus will fight (unless Milan buys 2 top players) I agree that the January transfer market can affect the strength of the team to fight for the Scudetto. In my opinion, Juventus is the most urgent to bring in new players, especially in midfield, there are less creative players who can provide assists. For Inter Milan and AC Milan, perhaps the current composition of players can still compete for the Scudetto. Especially AC Milan, which until now has never lost out of a total of 14 matches in Serie A. This proves the quality of the current AC Milan players is already very good.
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People who ask for the best altcoins are usually newbies who don't know what to find the best altcoins for investing. Or it could be people who think Ethereum is not big enough to provide profit, because they already got a very large profit from new projects. For example when DeFi projects hype, many investors who get very large profits. Exceeds the profit provided by Ethereum. So it is only natural that people will still ask which altcoins are the best for investing.
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Although Dogecoin is not among the top 10 cryptos, Dogecoin has a very good potential to be profitable. Moreover, the price of Dogecoin is also starting to rise nowadays, so Dogecoin's HODL is indeed very good in my opinion. And what makes Dogecoin a safe investment choice, because many people use Dogecoin to send coins from one exchanges to another exchanges. Maybe because Dogecoin has cheap and fast transaction fees.
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I think the very good thing with holding Bitcoin, most importantly always use money that we can afford to lose. So when the Bitcoin price drops you won't panic, and can patiently wait for the Bitcoin price to recover. And the amount of $ 12,000 is a lot of money in my opinion, should start investing in Bitcoin with less capital. Because Bitcoin is an investment with a very high risk, if you use that much capital it will be more difficult to control your emotions when the price of Bitcoin drops.
But if you are ready for all the risks, just do what you think is right. To store $ 12,000 worth of Bitcoin I do not recommend storing it on Coinbase, for me centralized exchanges are not secure. It is better to store your Bitcoin in a hardware wallet which is your own holding the private keys as the only keys to be able to access your wallet.
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I prefer Bitcoin to the way it is today, because without a bank Bitcoin can grow rapidly. So in my opinion it is enough just exchanges for Bitcoin transactions, because if Bitcoin transactions are in banks, the same thing as Bitcoin transactions on the Paypal platform. Which will be limited in making transactions, after all, the government will not allow a bank for Bitcoin transactions exist. Because it can threaten the existence of fiat.
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I am among those who believe that history will repeat itself, I believe Bitcoin will be corrected in 2021. Even though the fundamentals of Bitcoin are currently much stronger than Bitcoin in 2017. Because since 2020 there have been many large companies interested in Bitcoin and eventually investing in Bitcoin. This is one of the reasons why the current Bitcoin price continues to rise, but that does not mean it is safe to invest in Bitcoin.
Because I believe Bitcoin will fall in price, because in order for the market to look healthy it needs correction first. Therefore, I believe that the history that happened in 2017-2018 will repeat itself, and it will probably happen this year. So take profit if the Bitcoin we have is already profitable.
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