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Investing in Bitcoin does not put you the individual at any risk. Therefore you are physically protected from any form of harm that might come after. But then you might as well be putting your finances at great risk. Because the coin does not assure you of multiplying you worth everytime
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I really do not care about the drop in market price of the coin i wish to buy.If i think the coin is a promising coin and has the potential of rising slightly up from the market price at which i purchased it, i would not hesitate to buy the coin.
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Day trading is very difficult. it is time demanding and requires your absolute attention to observe the market and make the right wall to sell when the market is right to sell
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Yeah, HODLing adds nor subtracts nothing from or to you stored tokens in your wallet. All it adds up is anxiety and worry. You might want to hodl but then be very mindful the kind of cin you hodl and how long you hold them
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I am highly motivated by my ambition to be a billionaire. Aside the desire to learn a lot as i grow, i believe gaining financial freedom is very important in every ones life in order to eradicate poverty.
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This is how i started trading. I sold my bounty token on one exchange and then used the money to purchase another coin and another coin and traded them back for ether.
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It is pretty annoying to participate in a bounty program for more than 10 weeks there after, you will be told that the campaign has been extended with an additional three weeks. The last time is checked, one project mentioned that, the reason for their extension is for them to reach their target cap. I guess maybe that is the same reason why most bounty projects are being extended lately
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I think as side money ritual and other occult ways, Cryptocurrency is indeed the fastest way to get rich. So far, i have been able to safe some money every since i joined this crypto business. It been really good to me.
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I think the existence of Bitcoin is no threat to jobs and national currencies. I think the existence of Bitcoin and all other cryptocurrency are to make money transfer easier for all individual.
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HODLing is by far the safest thing you can do in this crypto business. But then the query is, for how long can you keep on holding onto the coin as the market falls. while you are seriously in need of money. and the coin you holding is falling and has no since of rising soon. Personally, i am not discouraged by the market. Hence, the reason why i find it necessary to do day trading with my coins each day than Hold onto them till the show 200%+ price increase.
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I remember the very first time i had to introduce cryptocurrency and Bitcoin to a pal of mine. I simply told him, My Guy dealing in Bitcoin and cryptocurrency is the real deal. With Bitcoin and any other cryptocurrency, you can send money to your pals oversea without worrying about bank charges.Come on board and i trust you will love it.
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There are many valuable global commodities that affect the world economy but do not leverage it influence to control the worlds economy. And Bitcoin is just one of those commodities. Just like Gold, Bitcoin is expected to influence significantly the worlds economy and not control it. It is expected to bring financial freedom and many other benefits.
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I am not sure the increasing number of crypto exchanges in the market implies that people are getting more and more interest in the crypto market. It only means that the dev team behind all exchange have gotten to know how lucrative setting up and running an exchange is. Hence the increasing number of exchanges in the crypto market. If there are more exchanges in the market it means that there are more rooms for tokens to be trades
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It appears the use of cryptocurrency has become one way (Investment = Buy a coin at low price and sell at high price). Aside this i see no everyday use of cryptocurrencies. If cryptocurrencies are made in such ways that the ordinary person can use it to purchase bread and peanut, drink and meat pie. I am use the demand of the coins on the market will grow significantly.
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Everything is being manipulated. From fiat currencies to crypto currencies. The understanding of this makes life very easy for most investors in the crypto space. if you lack knowledge about how the market is being manipulated you will always find yourself playing the role of a bigger fool when things begin to shatter for a short period. Stay calm and keep cool.
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Most market predictions are very deceptive. Following market predictions without any apparent pr baseline information about the market may lead you into a deep tip fall. I use to following one cypto signal. At first i found it quieting interesting how the predictions come and there is sudden change in the market. But then, later i realized it has been very misleading. And most often than not has cost me lost of lot of money.
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The truth is, Bitcoin just like any other coin should not be held onto for long period. The best you can do is to day trade with the coins you have. think day trading is better over hodling. Hence, hodling bitcoin for longis not long at all.
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Crypto is expected to solve, to some extend socioeconomic problems of most individuals across the globe. But, since the limitations encountered in the crypto market are continually increasing and making the crytomarket a bit unfriendly and unwelcoming. we really can not expect much from crypto to provide absolute solution to the socioeconomic problems many of us are facing today.
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Indeed, patience is one of the most important trade mark every trader should wear before and during every trade. I remember my very first trade on Binance. I must confess i was super anxious during that period. Hence i took some decisions i really would not have taken as at now. I think patience is a great virtue when it comes to trading.
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There is nothing entirely free on this earth. While it may appear or sound free, the truth is it never free. In order for you to earn some "free" coins you would have to participate in some vibrant community reward bitcoin talk bounty campaigns and airdrops. Each of these have specific task you need to complete to be rewarded the supposed free token or coin. Hence, in actual sense it was not free at all. You worked for it.
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