slap your self if you are selling eth below 10k, not financial advice  |
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i don't think so because there is no use-case of doge coin and it will pump and dump coin based on Musk's tweet but let's wait for any official announcement.
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Yes,Ethereum is the second largest crypto in the market and it is growly day by day now because Testnet will start in August and ETH.2 is near so we will see huge price surge in coming days.
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ICOs are not dead but i afraid to invest in ICOs because i invest lots of money in TIP blockchain ICO and still there is no update till far so i decided to not invest in Any ICOs.
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Now a days Some Altcoin rising like bullet, i remeber Dec 2017 when most altcoin are rising very hevily,but in 2020 only few alts are rise till far,we hope we will see soon bull market like 2017.
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of course, in Alt coin you must choose top Alt coin to invest and surely he will give more profit compare to bitcoin, i personally buying Small cap Alts.
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it is didfficult to predict which one is correct to invest but some alts looks promising Like ADA,COTI, dock are short to mid term,which will give you good return in short time.
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crypto transaction is faster compare to bank and less data required to transfer the fund compare to bank.
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you should not believe in anonymous reports, few months ago they said about completely banning bitcoin now they say about legalizing it. wait for confirmed news.
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now the market is very unstable so we can't say anything about market it will bear or bull.anything is possible in crypto. but hope for bull.
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'Bitcoin is used for illegal transactions" - cash is/was most used platform for illegal transactions. Bitcoin is infamous for illegal transactions (that is the only thing bad about it to be honest).
however, if you compare bitcoin and cash 'illegal spending', you can see traces of transactions on bitcoin blockchain but there is no trace of cash transaction.
But, people still like to bash bitcoin because it is a new thing.
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Its literally anonymous unless you link your bitcoin address with your identity.
Blockchain's main motto is visible transactions. If someone wants true anonymity they can turn towards monero like privacy coins.
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Secure your 2fa keys and private keys to 256 encrypted systems. So even if someone gets access to your encrypted file you will be still secure as it will require password to decrypt that info.
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Japan is best country in the world, other countries should also follow the suite.
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As most you might already know that Indian supreme bank RBI has banned banks from dealing with people who deal with cryptocurrencies.
Yes. This is not new to me. If you have followed the news around, this India/RBI news has been going for quite sometime now. Most people just moved on to p2p direct cash deals.
Previously, people traded on legalized exchanges and those legalized exchanges and people paid tax to Indian government.
People still deal with crypto using p2p but government stopped getting tax.
Of course, not only in India but Chinese is also doing the same. Crypto trading can't be fully stop at this point. We already build a momentum so individuals will always find a way to circumvent those bans. P2P, OTC, underground trading, using VPN's. There's a lot of ways to get around from government's regulation so its going hard for them to completely shut it down. Yes. The more you pressure something, more it will pop-up. I hope they support us rather than going against us. |
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The RBI's blockade on cryptocurrency exchanges in India was mere a knee jerk reaction. It did create a panic when the news first came, but soon people realized about the peer to peer trading option and went all in cash transactions which turned out to be counter-productive as difficult for tax authorities to track.
But RBI is still not that concerned because the rate of cryptocurrency trading isn't that high to be alarming for the Indian economy. Also, the Supreme court is postponing the verdict because of the upcoming general election and I think a verdict is possible by the year end.
Yes and it again did create panic bit before supreme court hearing, but after hearing getting postponed again and again people are losing interest in it too. if by panic you mean the inside India panic and price that was bitcoin's price in India then you may be correct, although I have not really checked the Indian bitcoin prices but these panics are not important because they are not affecting the rest of the market and for example price in USD is still the same and on its own trend regardless of what has been going on in a country such as India. yes it did not affect international markets since crypto market in india is still very small. |
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The RBI's blockade on cryptocurrency exchanges in India was mere a knee jerk reaction. It did create a panic when the news first came, but soon people realized about the peer to peer trading option and went all in cash transactions which turned out to be counter-productive as difficult for tax authorities to track.
But RBI is still not that concerned because the rate of cryptocurrency trading isn't that high to be alarming for the Indian economy. Also, the Supreme court is postponing the verdict because of the upcoming general election and I think a verdict is possible by the year end.
Yes and it again did create panic bit before supreme court hearing, but after hearing getting postponed again and again people are losing interest in it too. |
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As most you might already know that Indian supreme bank RBI has banned banks from dealing with people who deal with cryptocurrencies.
Most people just moved on to p2p direct cash deals.
Previously, people traded on legalized exchanges and those legalized exchanges and people paid tax to Indian government.
People still deal with crypto using p2p but government stopped getting tax.
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I think HOLD is best way now because this is big opportunity for us to buy something in this poor market.
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Altcoin is mostly depends on Bitcoin and the future of bitcoin will be very bright so Altcoin is worth a lot in future.
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