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It all depends what exchange you are trying to mention in this post. I would likely to trust an exchange platform that are well-known and famous that are being used by many users and in that way you can see clearly who to trust or not. Though there are some small time exchange platform that are also trustworthy in my opinion. I would suggest, just don't put so much assets in exchange just to be safe, much better put your assets in external wallets instead.
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It is expected that bitcoin will hit $10,000 because of halving just couple of days but it won't be sure it will stay in that position and it will drop a little when halving commence then it will it hit hard going up again and expect bull run will be definite. We can now agree that it will be good sign that bitcoin will now show its dominance despite the pandemic we are facing right now.
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China has big economy even before this pandemic occurs and it show their powerful economy status in the world even more because of how they act fast to overcome the crisis wherein it all originated the corona virus. Being given the economic king title after this crisis, i think china has the power and force to overrun USA after this because even virus hit them they still stand strong and continue to be great production source.
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It would be a wise idea to leave crypto assets such as BTC to our loves once that serves as last will to them and have its purpose as well like to spend it on their own benefits and life essentials. I already teaching my wife about crypto and how it works, compiled my private keys, 2fa codes and password for exchanges that i have assets unto it. I would recommend to do the same thing, trust your wife as she the most trusted in your family because she will all be benefited all including your sons and daughter in the future.
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I envy you for so much coins / tokens you've been holding through the years that i don't have an golden opportunities like you to hold since i started joining in the crypto industry. Since crypto is all about profit, even small or big, you must also consider which tokens or coins will bring you good fortune for longing holdings and decide which of them gives better future as a long-term investments. Better sell those coins/tokens that are not profitable anymore so that you can focus on better holdings in the future.
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There are no specific time when this crisis will end hence no vaccine yet for corona virus and mostly vaccine can be developed within 6 months max because it has to go thoroughly clinical trials before getting approval from W.H.O. Even without vaccine, we can still contribute on how to stop the virus spread by staying at home and follow strict rule from our government. This crisis brought us drastic downfall on our economy specifically on crypto industry. We just have to remain calm and with all these will passed by and be back to normal life once we find a cure and solution for corona virus.
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I have read some articles that this halving will give the price of bitcoin on the rise and of course everyone are excited about it. So, this is going to be a good way and positive outcome for bitcoin to hit another ATH for this year despite the virus scare we experiencing right now. For sure this will halving will also drag altcoins on the rise and will bring crypto in another heights of success this year.
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This pandemic caused so much harm to our lives as many are affected due to the corona virus, even our economy are down and not to mention crypto as well are affected badly. Despite the scare, bitcoin is slowly climbing up to its potential because of the halving is nearly coming. As we find a cure for all of this, we will return back to normal life and slowly we building up to raise our economy status, especially to the crypto status that may bring positive outcome to it once this is all over.
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Yes, i agree with you all the way. This pandemic put a positive sides to all of us and it's a blessing in disguise, in my opinion wherein we can spend more quality time with our love ones like we never did before corona virus. This pandemic brought us back from scratch and we start all over again with our life after we find a cure of this virus. An opportunity to heal our earth from pollution and crowded people on streets and let our mother nature heal itself. We may have economic downfall but i believe we still strive to make it back up and crypto currency is now being notice by others as other ways of transferring payments online.
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Covid-19 cure or vaccine cannot be easily be provided hence it requires a clinical trials, maybe 6 - 12 months max is expected for a vaccine to be made. Despite with the epidemic, bitcoin surge to $9000 this week and really did a great job surpassing the expectations despite the crisis we are experiencing right now. I believe that this surge is because of bitcoin-halving next month and with that covid-19 cure is taken out of the context regarding the price surge of bitcoin.
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We cannot deny that airdrop is part of project's marketing and its an effective way to promote projects and gain community supporters. Airdrops nowadays are far different what we used to back in the year 2017 wherein rewards fast and big allocations as well. There are airdrops that really pain because most of then ask fees for withdrawals and that's point when airdrop fails for me, that's more like fees-drop. Participating airdrop are 50/50 chances, so in order not being scam just don't invest money on it.
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In my opinion we cannot guarantee will be over soon unless we already fabricated a vaccine that would create assurance that everything will be fine and will not put danger to everyone to come outside in order to continue life back to normal on daily basis. Everyone are affected, even Bitcoin and whole crypto world suffer too much damage that brought drastic downfall for everyone. Let's just hope soon vaccine will be propagated to ensure full recovery of world economy.
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I don't Bitcoin is going to be a shit show in the end because it has still great support from the community and to the investors as well. Though there are some hard times for bitcoin to pull back up especially this year that really tested the strong hands for everyone because of the massive dump due to corona virus. And for exchanges requires KYC, i don't blame them or whatsoever that's their standards of running things and it has good and bad side effects. Over all i still have massive trust on Bitcoin until the end!
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