It is very obvious that the market has really gone down this year and this has created a whole lot of chaos in the cryptospace but let's not forget that cryptocurrencies are volatile and always you are advised that you should invest in cryptocurrencies an amount that you can lose. But don't lose hope guys the market will definitely rise up with time. Be patient and wait for that time  . |
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Well i would not say that all bankers hate btc because almost all of us were saving with the banks until we got to know more about cryptocurrency investments. But what i know is that the central government that owns and operates the central banks rather don't appreciate that transactions be made using bitcoin because cryptocurrency payment evade all forms of taxes and this makes the government lose money.
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In as much as the PoS has been greatly admired by the entire cryptospace i would not say that it would completely replace it but then it can be largely used by the crypto community depending on the blockchain network that is being used. For all we know there can be a development of a modified form of PoW which may be environmentally friendly and also very easy to operate on.
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Preparation towards the next bull run is very important because with such a reduction in the crypto market we can only assume and wait for another all time high which would blow the mind of the world. In your preparation you might want to buy some amount of bitcoin as you can afford and also purchase some altcoins and hold till the market rises back again.
One more thing don't listen to the FUD that is being spread around because it would only make you lose hope in your cryptocurrency investment.
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No body is begging you to stay in bitcoin investment. if you claim is the most insane invention then you should not worry making this public and save your self the trouble of being in this forum. You can leave this very minute and nobody would coax you to come back. The funny thing is that you will be running back here when the bull run begins hahahah...Such people always do lol
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That's a very matured statement man...many people have actually give up on crypto investment due to these hard times in the crypto community but little did they know that this is actually the perfect time to invest since you would only spend little amount to invest than spending huge amounts of money when the crypto market rises. Well i have never stopped investing as currently i have bought so many alt cryptocurrencies waiting for the slightest rise in the market to make some profit.
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Prediction of the trends of cryptocurrencies and especially bitcoin is something that most leave it to expererienced crypto enthusiasts who analysis the daily and hourly charts of trading. but what i can say is that i am not really expecting any huge recover of the crypto market any point in time but the recovery would definitely happen later.
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Selling at this point in time is not the very best of decisions unless the it is very necessary to do so. This is the time to invest into potential altcoins so that when the crypto market starts to rise you can make enough income out of your investments.
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Actually i read about this just last night and i was very happy for all the holders of Ripple and also traders on binance because they have numerous base pairs of cryptocurrencies to trade with. Also this has increased the entire marketcap of ripple and that is why we see that it Ripple is now second on the cryptocurrencies marketcap display.
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Even though blockchain technology actually frowns upon any central authority currently i think it will be very prudent to regulate ICOs in the cryptospace because currently so many projects are failing because of poor planning and also the number of scams that have risen in the crypto community have also risen and this has driven so many investors away. Regulation of ICOs would help reduce the number of scam projects and also bring other investors on board.
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Great job @OP because the information provided would help other new members avoid some lame schemes of scammers and one thing that i really urge people in here to observe is never accept offers in pms other than official channels because most of them turn out to be scammers. We really need to find a way to get rid of all these scammers because they are dragging the name of crypto in mud.
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Absolutely not! Bitcoin has always been the cryptocurrencies that is very popular and also has the highest value among all the other cryptocurrencies. The game is not over for bitcoin because from certain information that i am reading by crypto enthusiats predicts bitcoin would defintely increase to an average of $10k US. Bitcoin is not dead guys, don't be believe the FUD and miss out on the next bull run.
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The Regulation of ICOs is very important because currently there are so many scam projects in the cryptospace and this is not good for the development of crypto. If we have a regulating body which sees to the running of ICOs i am sure the team of projects would be authenticated and registered hence investors who invest into such projects would not be scammed as it is happening currently.
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Some people hate bitcoin because of how volatile especially to those who boughty in when bitcoin reach a new all time high of $19k US. Some have lost huge monies due to this dump in bitcoin price. Well i think such people should have known better as investment in cryptocurrencies is very profitable and any investment platform that offers huge returns on investment is very risky.
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Investment strategies are very necessary when it comes to crypto investments and in the case when you are looking to invest in any ICO or STO. Well first of all you have to confirm the identities of the team with regards to the project whether it is not some ponzy scam that they are trying to launch to steal innocent people's money. After this then you can go right ahead and consider the project's vision and mission and consider whether they actually have an identified situation which they plan to solve. I am sure if you are able to do your deligence with respect to these two that should get you in the start in the right direction.
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It is so heartbreaking that when bitcoin starts rising most people don't complain much but as soon as it starts to decrease then you hear a whole bunch of uproars in major crypto forums. Please if you cannot contain the volatility of bitcoin for a short period of time don't think you can be part when it starts its bull run because you will always miss out. lol
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This is the perfect time to invest into cryptocurrencies as the value of most crypto currencies have gone way down. Don't wish that the market wold bounce back in no time or else you will miss out on this huge profits that is about hitting the entire crypto world.
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I have actually never doubted the rise in the crypto market but it would take time before we see the next bull run. Just a piece of advice to all newbies, have some patience in crypto investments. Study the trend of the crypto market and you will realize that there is a huge bull run coming and only the patient ones would benefit from it.
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