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1101  Bitcoin / Bitcoin Discussion / Re: Investment plan on: August 15, 2020, 02:42:51 PM
bitcoin and ethereum are the second best coin choices. the reputation of the two coins is already good and why do we still doubt the two coins? of the two coins we only need to get profit without anything. so don't hesitate with the two coins
There is no doubt that Bitcoin and Etherium are the best currencies to invest in. They are not able to invest despite the wishes of small investors as their current value is much higher. Because there is no profit in buying a small amount of BTC, ETH. So they want to invest in low denomination currency so that they can buy more and get more profit with less growth. In this case I think BNB, CUR, DRG, XLM, TRX can be preferred.
1102  Bitcoin / Bitcoin Discussion / Re: Police Arrest on: August 14, 2020, 10:21:12 AM
If you work in an office, you have to follow the rules and regulations of that organization and you have to follow the rules and regulations of the state. No one is above the law. The person concerned has been running a crypto mining farm inside the office for about six months without heeding the law and has committed a crime under the law of that country, so he has to suffer the punishment he deserves, there is nothing to say here.
1103  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin so unstable? on: August 14, 2020, 10:04:19 AM
Gold has been used as a store and luxury item since ancient times. Yet most countries in the world keep gold as a backup of their reserves which minimizes its volatility. Gold prices are regulated in the international and domestic markets. As a result, the gold market is less likely to be volatile.

Bitcoin, on the other hand, is a digital currency with limited supply and no regulator. Its price fluctuates on the market demand. Bitcoin as a digital currency can be traded in the fastest time at low cost, so its use increases a lot. There are also whales with bitcoin who live in large quantities and manipulate the market which reflects high volatility.
1104  Bitcoin / Bitcoin Discussion / Re: The Rise of Bitcoin on: August 14, 2020, 09:31:20 AM
I think most people expected to go around $12k

Hope what you said becomes true.
But who can forget that milestone which we reached in 2018.
I want the history should be repeated another and for that reason i am also holding my BTC to make good profits.

But the price of BTC will only rise if we make the Demand of Bitcoins more, by promoting it across various platforms.
This will help in the growth of demand of Bitcoins and hence the supply will be less and price will be high.

Nevertheless let's hope for the best and wish Bitcoin will reach 100k $ soon.  Grin
We who are involved in cryptocurrency all hope and believe that the price of Bitcoin will go up further, but by 2020 it will be $12K according to some, $15K according to others .. etc. Although the crypto market is very volatile and volatile, it seems unreasonable for me to expect the price of Bitcoin to reach $100k  soon. I personally think that the price of Bitcoin could reach $15K by the end of 2020.
1105  Alternate cryptocurrencies / Altcoin Discussion / Re: what's your favourite coin and token ? on: August 13, 2020, 05:38:19 PM
I have been deeply involved in the crypto world since 2017; From the beginning till now my favorite coins are BTC and ETH. Although I have personally invested in many tokens, I still have faith in these two coins; The price of the two currencies has already risen a lot and I believe it will be more profitable in the long run in the future.
1106  Alternate cryptocurrencies / Altcoin Discussion / Re: What strategies do you use to make profits or to make your portfolio grow? on: August 13, 2020, 04:12:47 PM
I think im better with the long term strategy because no need to monitor the project everyday.
And i guess cryptocurrency project will need some time to develop and become success in my opinion.
But of course, we must doing research about the project before pick them into our portfolio.
I totally agree with your long-term investment strategy and must be researched before taking any currency portfolio. But I also think that in order to maintain the flow of income or increase the size of the portfolio, one should invest in various short-term projects.
1107  Bitcoin / Bitcoin Discussion / Re: Covid crisis & evolving phases on: August 11, 2020, 02:24:03 PM
The world is going through a period of deep crisis due to the epidemic caused by the COVID-19 virus, the duration of which is likely to be prolonged. Due to the changed situation, people are becoming more dependent on technology; Especially online banking transactions, buying and selling, office work, teaching in educational institutions, social, institutional and state events are all happening. I think besides this, the use of cryptocurrency, especially Bitcoin, is also increasing. I believe that cryptocurrency can play an important role in overcoming this recession in the world economy; The matter should be considered by the authorities now.
1108  Bitcoin / Bitcoin Discussion / Re: Why most people think Bitcoin is a scam? on: August 11, 2020, 01:34:06 PM
Most people think that Bitcoin is a scam. This is not true. Bitcoin is a digital currency, it depends on technology. A portion (not entirely) of those who have no knowledge of technology or do not believe in technology consider Bitcoin to be a scam. They want and believe in something they can touch. Also, some people do not want to believe in anything that is not governed or controlled by the government. They think only the legitimacy of the government can create and protect their property. Although some people like Warren Buffett are critical of Bitcoin, the acceptance of Bitcoin is increasing day by day in the technology dependent world and the governments of many countries are giving national legitimacy.
1109  Bitcoin / Bitcoin Discussion / Re: What bitcoin adoption really is. on: August 11, 2020, 12:35:16 PM
Bitcoin works for a variety of purposes, most people use Bitcoin as a digital asset, they use it as a medium for investing and transacting. Many recipients nowadays hear about bitcoin and invest thinking that they will get rich in a few months; But with the rise and fall of Bitcoin prices, in reality, many have suffered losses in a short period of time; However, it should be invested for the purpose of long-term investment. While Fiat is better at making small purchases or transactions than Bitcoin, large ones are more convenient to use in Bitcoin. I have personally used Bitcoin as a medium of investment and transaction.
1110  Alternate cryptocurrencies / Altcoin Discussion / Re: Never invest in any cryptocurrencies! on: August 08, 2020, 03:35:14 PM
It is seen that a large part of the investors invest without realizing it, especially investing in scandalous projects. Eventually the project collapsed and all their money was lost. But it seems to me that those who understand cryptocurrency know that they can get rich quick from here. It is not possible to acquire assets so quickly from any business or work or financial institution other than cryptocurrency. So I think those who are in or investing in the crypto world should know more about this, be proactive and invest wisely.
1111  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are you involved with Crypto? on: August 08, 2020, 03:05:18 PM
At the urging of one of my younger brothers, I tried to do various things online to earn money, but without success. At one point my younger brother finds a market in the crypto market, he works as a bounty hunter in the Bounty project and starts making good money by trading on various crypto exchanges. I'm not good at technology, I didn't know much about crypto market. But thanks to the tireless efforts of my younger brother, I came into the crypto world and made a lot of money working successfully. Even then I think there is a lot more to learn here. It is also a good technology friendly way to make money independently and transfer money / transactions securely, at low cost and in a matter of moments.
1112  Bitcoin / Bitcoin Discussion / Re: Covid crisis & evolving phases on: August 07, 2020, 03:42:32 PM
It is true that the use of digital technology has increased more than ever before due to the Kovid 19 epidemic. Financial institutions are encouraging online payments, from ordering food to making various purchases online, as well as meetings, seminars being performed virtually using digital technology. Although the direct use of cryptocurrency has not increased, it is noteworthy that a lot of people have learned about crypto over the last few months and it is fast becoming the most preferred option for making and paying money online.
1113  Bitcoin / Bitcoin Discussion / Re: What difficulty do you face on trading bitcoin? on: August 07, 2020, 03:04:05 PM
BTC is illegal in my country and its transactions are punishable offenses. Even then I don't have much problem selling BTC here, I trade very carefully. There are many reseller groups where the demand for Bitcoin is much higher than any other currency. I have a close relationship with some resellers where there is no problem of trust.
1114  Bitcoin / Bitcoin Discussion / Re: Network fee is killing my small profit on: August 07, 2020, 02:33:42 PM
I have started to buy BTC and sell them in a higher price (in BDT). For example, imagine I have purchased $100 worth  of BTC @86BDT per USD and sold them instantly @87BDT per USD. This is a good business even if you take 1BDT per USD profit. I was having some good profits each day.
But now after the fee has increased, it has been impossible to get profit. There's a transaction cost which I can not avoid and it is very high. I trade small amount like $50 even (To make a strong hub). In such cases, I have no profit almost unless I'm dealing $300 or over. That's a pain to pay such fee but I have no way because I do not make a bad relation with buyers and sellers.
Recently the network fee has increased too much. You have nothing to do with this fee increase for small traders like me. So I think the way to get rid of this is to sell at a slightly higher price or impose a part or all of the transaction fee on the customer. If that is not possible then small traders will not be able to survive.
1115  Alternate cryptocurrencies / Altcoin Discussion / Re: do we really need stable coin? on: August 06, 2020, 03:44:44 PM
The volatility in the cryptocurrency market is very high so I think a stable currency is very important in cryptocurrency. Because cryptocurrencies are very volatile so the right choice to avoid losses when a dump occurs is to convert to stable coins. The market must have a stable currency to control market volatility. This will reduce the fear of investors in the market and will be confident.
1116  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto predictions on: August 06, 2020, 03:18:36 PM
Do not trust predictions, they can mislead you into bad investment plan, some crypto analysts are doing what they can to hype a project and that's all, they get paid and drive new investors to invest and buy the token but later you will be in total loss
I also agree with you on this point. One should not believe anyone's predictions in crypto. In 2017, I saw that many experts said that BTC would be $ 50K, $ 100K, etc., etc .. But we saw that BTC dropped to $2/3k. Then many investors lost their capital. Therefore, when investing in crypto, one should invest in one's own experience and research without listening to anyone's predictions.
1117  Alternate cryptocurrencies / Altcoin Discussion / Re: 5 mistakes to avoid when investing in Crypto on: August 06, 2020, 02:59:40 PM
Newbies usually do what most people tell them to do, most newbies buy and invest on coins/tokens which is recommended to them by the person who introduce them so it is very easy to fall as victim in bad project, so this type of advice will be very useful and helpful.
It's okay to listen to the advice of others; But to make it work, you need to check if the advice is correct. If you rely on the advice of others, you will lose your capital. So for this you need to know a lot, do research, whether the project you want to invest in is fake, whether the project team is active, you need to know about the exchanger to invest in. In addition, you need to keep your various account passwords and private keys safe.
1118  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you believe in Ripple? on: August 05, 2020, 05:51:54 PM
I think Ripple is a great currency for investing. It is undoubtedly one of the best currencies. Ripple is one of the top 5 currencies. Many banks are now reaping the benefits of using Ripple technology blockchain. I personally trust it completely.
1119  Bitcoin / Bitcoin Discussion / Re: Why do hackers steal huge amounts of bitcoins? on: August 05, 2020, 05:42:48 PM
There are different types of theft, some steal the treasure kept in the house, some steal the money of the bank. Hackers are criminals in the online world, they are thieves too. Hackers hack and steal bitcoins, they can steal bitcoins without any footprint and easily convert them into cash. There is no authority control here and it is easy to hide huge amount of wealth. So I believe hackers are more attracted to bitcoin.
1120  Bitcoin / Bitcoin Discussion / Re: The Rise of Bitcoin on: August 05, 2020, 05:17:21 PM
An hour ago I looked at the CoinMarketCap table, the price of bitcoin was $ 11,938. that is, almost twelve thousand dollars, and now it has dropped quite sharply to 11,303 dollars. Ethereum was also priced at $ 407 and has now dropped to $ 374.
Have the whales decided to start fixing their profits and dumping bitcoins after all? After all, there was information that earlier they transferred their bitcoins to exchanges. Well, let's see what happens next.
I don't think it's right to look at it that way. Bitcoin is currently priced at $11664. The fall in the market price will increase, only it will happen, it is not the religion of the market. Sometimes there is a need to correct the market, it will happen according to the religion of the market, this is normal. Although it is difficult to predict the price of Bitcoin, it seems to me that the price of Bitcoin is stable at this time.
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