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Most people have panicked and sold of their alts because of the current markets situation, the prices have dropped and most coins have lost value, but its too early to sell, im still holding on to mine.
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Its not certain what will happen to ICOs in 2018. this has been their year soo far, with lots of them launching and raising considerable amount of money, most however may not make it due to high competition or poor project plans
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Meta mask adds an extra security layer to your wallet making it safer and impenetrable, login in using your key makes it simpler for hackers to clone your key and they may use it to access your wallet exposing your coins to them
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Ehereum is a good coin with huge growth potential, but its only the second most popular coz the ICO projects are using its platform to launch. i dont see it overtaking BTC anytime soon.
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Totally depends on the coins you are holding, if you hold coins with little value then there are high chances that they will not grow, or grow very slowly. Hold the right coins and you will stand more chances of making good returns.`
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The recovery time is not something that can be predicted, just as the dip came unexpectedly so will the green days, its just a hope that it will recover soon enough
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Bountys can also earn you Bitcoins,though its very rare, the best and the most recognized ways is through trading and mining, you can Buy bitcoins, fro the exchange platforms or from individuals.
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People are uneasy about BTC because they don't know much about it, as high risk as it is, some consider it too much of a risk to take. lack of regulations and the fact that most users are unanimous makes people more suspicious
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Your job provides you with a constant income source, one that you can depend on, Bitcoin is volatile and high risk. if you dont have an alternative income source then there is no need to quit your jib just yet
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this is the best opportunity you will ever have to get good coins at a cheap price. take advantage of it and buy, the market will recover slowly but gradually, and when it reaches its peak, you can sell and get your returns.
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Bitcoin is not too complicated for the ordinary folks , its all about ones mentality and desire to learn, and yes of late there has been too much focus on the price than Bitcoin itself, this is a trend fro the greedy. and greed doesn't go far in this business.
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True, buying when the market is red gives a trader a rare chance to acquire cryptos cheaply, and if one is patient enough to hold them for long then they stand a chance to sell them at a higher price and make good profits. one however needs to be very careful and choosy on the coins they include in their portfolio. ensure they are worth the money they will cost.
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Ethereum is one of the best coins to invest in, it comes with lots of stability it the market and proper market cap. it also has lots of promise and potential for the future. so yes. Ethereum is a good investment option.
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New technological innovations tend to get lots of negative reactions and rejection, that's what BTC is going through, most still know nothing about bitcoin and relies on social media and government warnings about bitcoin, now we all know that BTC has not received very favorable government and social media treatment, and that explain the panic.most people are not just sure of what BTC is and what its capable of.
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There really shouldn't be a cause of alarm on the current Crypto market behavior, its the early stages of price falls and i believe the market being a sleep gives it the chance to grow, your coins will gain value with time so i suggest you just hold till then.
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Technology does favor the young as they are more open to trying out and adopting new technological advancements, i however don't think there is a necessity of translating the crypto language. in the long run, its an individual decision to venture into crypto currency. and translation will have very minimal effect in making such decision.
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Blockchain and traditional banking systems might just be combined to work together, Blockchain technology will increase the efficiency of the banking system, but not totally face out the traditional banking system
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
most countries consider BTC a threat to their economic growth mostly due to large amounts of transactions that arent taxed. some also see it as a currency that funds illegal proceedings hence terming it illegal. |
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How many times you heard some question ?
But the time goes by and I've been wondering if it really what a BTC today really is.
As we discuss here in the forum everyday, the main reason for BTC not to be taken seriously as digital money like it was invented are:
- its fee cost for lower transaction
- delay and time of the transaction to be approved
- its price that change constantly up
- it's not designed to accept so many transactions
What do you think ?
Do you hold like you holding the gol a decade ago ?
Bitcoin has faced lots of challenges but its still the Alpha coin, the delays in transactions work against it but im sure it will overcome it with time as improvements to address this will definitely be made. The price changes are however a crypto characteristic that no one has control or influence over so its beyond BTC's control. its still however the best there is in terms of value so it might just be the new Gold. |
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Bitcoin is very lucrative indeed but you must not forget the risks that come with it. Quitting your job for such a volatile market dealings is not the wisest thing to do, if possible Bitcoin should be there to supplement a main income, in as much as it might generate more, but an assured regular income is still needed for stability's sake.
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