Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.
Is it possible that bitcoin will be obsolete in the future?
no one can know the future of crypto currencies including bitcoin itself because it has become the most important nature and risk of crypto currencies, belief and patience if becoming obsolete will certainly appear better If there are no changes or any updates then it can become obsolete, so does bitcoin and fortunately the developer can do some updates for bitcoin so that it will fit the times and bitcoin will never be obsolete, but of course there will come competitors who have better technology later |
|
|
|
I think interest is the main income of a bank, sometimes the bank provides installments for valuables such as home and car credits, from this credit the bank also get benefits
The bank's income can be from many things such as interest from loan funds in many people, administrative fees, credit card interest, etc, other things banks also usually have subsidiaries like business companies so they use customer funds for the company's capital |
|
|
|
The situation in the market of crypto currency allowed me to buy some coins at low prices, now I'm watching the further development of events and I'm waiting for the market to recover. I hope this year will be growth, similar to the one that was in December last year.
Current market conditions are quite good with a small increase of only a few percent of course that is not a problem, while the price is still below $10k do not leave this opportunity to not buy it, because I'm sure you will regret it later |
|
|
|
Advantages and disadvantages when investing in bitcoin.
Uu Point: Convenience in trading. Ensures high security and security. not tampered with Transaction costs are low.
Cons: Not many people use bitcoin.
If the shortcomings are only because the number of users is not a problem because all commodities must start with 1 user and get bigger right? all will need a process including the spread and development of bitcoin, don't worry that adoption occurs in many places, users continue to grow every day |
|
|
|
Actually bitcoin has many advantage it has super faster payment transaction which can be done easily by internet no third party can include in the transaction it cannot be stolen and it carried a little transaction fees. So, it is really amazing and it has many advantages as well.
Lol is a little deceptive, the current bitcoin transaction fees are very expensive when compared to other payment methods and I'm sure many of you prefer transactions using altcoin that are cheaper in transaction fees and faster confirmation speeds, we must admit that |
|
|
|
for a long time and of course currently people buy bitcoin much more for buy altcoins or just hold. because of that price is high. and i think whales are now that situation and use very effectively.
The answer is of course because bitcoin users continue to grow, the spread of bitcoin occurs in many places, and that makes demand rise and you see prices continue to grow slowly at the moment, and of course there are still many things and other aspects that affect prices to rise |
|
|
|
We might not see it grow not only at the beginning of 2019 but we may see it earlier than we are expecting.
My opinion is we will see the grow at the start of Q4 and then there will be some dips again but that's just to make it stronger. I guess there will be a one popular prediction from those "experts" that will come to reality.
Agree I think we will see prices skyrocket before the beginning of 2019, prices are getting stronger due to repeated corrections, the bottom line has already passed and I think we will see a significant price increase at the end of this year, I hope that will happen |
|
|
|
Doing more daily trading will make you experienced. I usually use coins that have a large volume for my daily trading.
Yeah more practice be better, it's not a matter of using small capital, use it as your training and the more you keep trying, the experience will teach you many things, for a lower risk you can trade on coins that have a large volume or large marketcap |
|
|
|
some people are afraid to invest in bitcoin now fearing losses because bitcoin is currently down and makes them reluctant to buy bitcoin,
but there are also some people to buy bitcoin now for long-term investments and wait for the results to come in the future.
That is what actually becomes a coward when prices decline, they are afraid to buy even though it is a good opportunity to get coins at a cheap price? sometimes we have to take risks to get profit and that's the real crypto user, not a coward |
|
|
|
Sometimes just holding isn't the best option. It is better to let go your investment buy selling off the coins as it will open/create more opportunity to invest on other potential coins than the one you are holding. Also if the dip seems to be serious, you can always exit out and renter once the price falls to its minimum. This as a result will help you rake some profits as the price starts to go back up without you going through loss recovery phase.
Yeah the point is dont to use all your capital to hold because you have the opportunity to grow your money faster by buying and selling other potential coins, don't hold back if prices tend to decline, because you will stack on the coin if you don't take any action |
|
|
|
Formulate a budget plan, respect your earnings, and don't be too impulsive. Learn to prioritize things, and follow them religiously. Be honest with your established plan, and aim for short term saving goal. Don't just save for money but for the future. Make savings a habit and make it a passion. However, reward yourself, don't hamper to treat yourself but at the same time take it as an opportunity to save. Put same amount to your savings as to what you have spent.
Yeah maybe you have to make a budget plan where it contains how much money you have to spend for your needs and have fun, you can start by formulating what is a priority such as eating, bills and others, after that you can formulate how much money you can use for fun and etc |
|
|
|
Investing in precious metals is not a bad idea. Especially popular are gold and silver. Gold can not depreciate at all, and its price almost always grows. Silver helps diversify the deposit and also earn income in the future. It is only necessary to understand that there are also disadvantages: high volatility. The exchange rate changes with respect to world currencies, and quotations sometimes change dramatically
Yeah it would be better if you keep your wealth in gold, there is no inflation and depreciation, it is inversely proportional if you keep your money in the bank for the long term. it might be risky to you, because your local currency might be subject to inflation right? |
|
|
|
Emotionally and wisely in managing finances is very important in any financial field. and also maybe small things that can cause loss factors can be as big as
deciding actions in the market or not being able to maintain finances properly
Yeah sometimes the little mistakes you make can make you a big loss, like waiting too long to sell your coin while price in high position? of course you will miss the opportunity you get big lose, or that emotional investment will make you think unclear dude |
|
|
|
Not everyone has the skill or time to engage in active trading.
Hodling gives them an opportunity to take profits from cryptocurrency, while still sharpening their skills.
Well day trade requires time to garner enough experience to be efficient. And not everyone who has time also end up being good day traders. So hodling will always be an option Yeah and trading requires skills, knowledge and many other things that must be owned, if you don't have that it would be better if you just kept it and hold it would still be profitable right? but it is only a few coins that are potential and worth to hold |
|
|
|
What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
There are many difference between day trading and long term investment like strategies and techniques. Both of them are profitable and effective if you will use your strategy in suitable investment. of course both are profitable but the risks of both are different, day trade will be more risky because you have to meet with fluctuations every day, but if you have the skills, techniques, and strategies of course all the risks will be worthed to the profit, but if you don't have it all, it will it's better if you hold it |
|
|
|
Why focus so much on individuals? Look at the countries where gambling is 100% legalized, such as Macau and Monaco. These countries have become super-rich due to the tax revenues from casinos. Also, huge number of jobs are created as a result of gambling.
Bad effects will occur and the impact will be greater than the good one. Not all countries can legalize gambling even though the potential state revenue that can be obtained from this sector is quite tempting. It depends on what country we are living, gambling is just a form of entertainment but it's an expensive type. Poor countries are against gambling because they know it will only make their people poorer as people are desperate to make instant money without knowing their chances. Yeah some in developed countries legalize gambling like in vegas and macau, their government is smart that only rich people come in and that can be an advantage for the government because of the big taxes, they don't care about the effects of gambling given to players, because of a large number of players are rich people |
|
|
|
The government can not really regulate bitcoin, the government can only impose some restrictions and set tax rates.
Bitcoin is not an object, bitcoin also has no institution.
Yeah actually the government will not be able to do certain things, such as intervention on bitcoin or its users. regulation can be done but that does not mean all users must obey it, because there is no control whatsoever on bitcoin and everything will continue to be decentralized |
|
|
|
I agree with most of your point. Bitcoin is a currency, the purpose of bitcoin is to use as a currency. People saw it as an investment opportunity. All the game changed from that  That's the freedom that exists in bitcoin, everyone is free to use bitcoin for anything like currency or investment, but in reality this is only about dump and pump games and some people might manipulate it to their advantage but that is not a problem as long as bitcoin is still useful for many people |
|
|
|
I don’t think working will lead you to the lifestyle you want, much less gamble, you cannot bet a lot of money and just risk everything for an unassured thing and you wouldn’t be able to get it back if you lose everything.
I think you could say that, probably they already know that but didn’t control themselves.
Doing other things like work will not eliminate gambling habits instantly, especially for those who have gambled for years. It takes time before we can forget about gambling completely. And during the process, we may need other hands to make it true. Thats right, it takes a long time and process to be able to get rid of that addiction, especially if they have made bitcoin a daily activity, the intention to get out is also very necessary, without the intention to get out you will definitely come back again if you have the opportunity to gamble again |
|
|
|
Bitcoin is one of the best coin in the market and can grow in the future. But we don't hold the fortune of this crypto. And noone know what will be its value after one year.
Yeah I know bitcoin is the best investment, but for a period of 1 year, prices cannot be ascertained higher than the previous year. for example this year, if you still want to invest in that period, then it's better to sell when the opportunity comes, don't wait 1 full year if you've found the right price then sell it |
|
|
|
|
Show Posts
