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Economy / Economics / Re: Will the bitcoin be outdated by another currency?
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on: September 30, 2018, 07:20:01 AM
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I also think that it will be very hard for another crypto currency to replace the position of bitcoin. This is because bitcoin has the longest history in the crypto currency world, known by most people, and have lots of miners, investors and supporters.
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Economy / Economics / Re: how to help people who have problem economic
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on: September 27, 2018, 11:23:43 PM
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If those people already have certain skill set, they can use those skills to find jobs and create opportunities for themselves. Otherwise maybe they can attend some trainings on areas that they are interested in, there are a lot of great resources online.
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Economy / Economics / Re: WORLD CRISIS IN 2018
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on: September 24, 2018, 03:06:49 PM
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Not sure whether there will be economy crisis in 2018, but the housing market in where I live have gone down a lot lately. Crypto currency also has not recovered yet. Tech stock seems to be still doing well. We will see what happen in 2019.
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Economy / Economics / Re: Asians are the most bitcoin holders in the world.
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on: September 23, 2018, 12:40:23 AM
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I am not sure whether there is some resource to identify this, but I also believe Asian is a big community for bitcoin. A lot of Asian people are crazy about bitcoin and they have real faith in bitcoin. A lot of my Asian friends hold bitcoins as well.
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Economy / Economics / Re: What will you do with the current market?
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on: September 22, 2018, 04:17:36 PM
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I am just waiting patiently for the bull market to come. I believe there will be such a day, not exactly sure how long it will take, but I am sure it will arrive. Meanwhile I am still participating in some bounty and airdrop projects.
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Economy / Economics / Re: People are not motivated by money.
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on: September 21, 2018, 03:47:17 AM
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I think for people that are poor, money will be very important for them. Because they need money to buy food and water, and to meet their basic living needs. For rich people, maybe money is not that important, but for me, money is like the more the better  |
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Economy / Economics / Re: Why do you think the market is down right now?
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on: September 19, 2018, 10:52:56 PM
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I think there are many factors that the market is down right now. Some people just do not believe in crypto anymore and want to get their money out. But on the other side, it is not necessarily a bad thing. Because now it is good time if you want to buy some cheap coins.
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Other / Off-topic / Re: 🔥The best 15 Inspirational Quotes for beginners.
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on: September 18, 2018, 02:10:47 PM
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I like this one “ Though no one can go back and make a brand new start. Anyone can start from now and make a brand new ending”, it is true to focus on now and future, and try your best to achieve success, what passed is already passed. You can learn from the past and be your best.
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Other / Beginners & Help / Re: Beginners with small amounts of money
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on: September 17, 2018, 03:34:57 AM
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For me, I start with small amount of money using coinbase. There are some major coins there like bitcoin, ethereum, litecoin, etc. I find the platform easy to use. Then later I bought more coins on Binance and Kucoin.
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Economy / Economics / Re: Cryptocurrency or Stock Market?
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on: September 16, 2018, 04:13:25 PM
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Cryptocurrency is much more riskier than Stock Market because we tend to have the control in our investments and if we make a mistake in our trades and transactions, there is a big chance of losing our investments so we have to be careful and be really knowledgeable to know how to handle the business in cryptocurrency.
Yes there are a lot of risks in crypto currency world. But high risk lead to high return also, that is why a lot people like trading cryptos. You can also diversity your investment to have both stock and crypto currency. |
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Economy / Economics / Re: Friends reactions to crypto currencies?
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on: September 15, 2018, 11:19:36 PM
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Some of my friends already know about bitcoin and actively trading in the crypto currency world, I fact I got introduced by one of my friends to crypto. But there are a few friends that do not believe in crypto and think it is scam.
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Economy / Economics / Re: How Long Crypto market will take to recover?
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on: September 15, 2018, 03:38:48 PM
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I also got stuck now, bought a bunch of coins at pretty high price earlier, lost lots of money already. Hopefully the market can recover soon, but I am afraid that it will take longer time. Let’s just be patient.
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