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Well one thing that you should note about cryptocurrency investment is that you should have this perception even before you invest that you can lose your principal at any point in time. Cryptocurrency investments are very risky and so you should invest with an amount of money that you are not really fear of losing.
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Well don't forget that not only bitcoin is going down but ethereum has also reduced in value but if you are still looking to invest in any of these cryptocurrencies then i suggest you go for bitcoin because it has a great potential of rising than Ethereum. Investing into Bitcoin can give you much income at the end of the day than Ethereum does.
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Not only bitcoin but all manner of cryptocurrencies are apparently long term investment at least till the project is fully launched you man not see the real value of some cryptocurrencies. But unfortunaltely crypto enthusiasts of today are quick gainers and this is killing the market as everybody dumps upon listing.
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This is the perfect time to invest into cryptocurrencies when the prices have gone down. currently market is very down and we are getting to the end of the year where we are going to see the bull run again so you better stake some amount of money in cryptocurrency investments so that when the bull run finally comes you can also make some profit out of it.
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Well in a way you have a point but let's not forget that all these ICOs that are coming forth, some have very useful case which the world could benefit from so i suggest we regulate the number of ICOs that are coming up because some of them are very irrelevant and have no potential behind it.
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That's quite exaggerative mate, in as much as we say cryptocurrencies are volatile and there could be a fluctuation in its price but i strongly doubt that bitcoin will even go beyond over $10k US by the end of this year. But we can expect some rise in value to the value you are predicting probably next year and not this year.
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Well i don't agree with you on that one at all because if you did participate in the bounty with only one account i don't see the reason why you should forget your details in the performance of KYC. The Know Your Customer process is just to get rid of cheaters who are using multiple accounts in participating in bounties.
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Well that is very impressive. Making cryptocurrencies accessible and available at all vantage points can enhance the use of cryptocurencies in the purchase of items in Zimbabwe but i think there are other countries in Africa like Kenya who have also proposed the installation of cryptocurrencies ATM machines.
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Cryptocurrency investments can actually make you reach overnight but does it not usually the case looking at certain factors that come in place when it comes to cryptocurrency investments. For you to become rich overnight then it means you should have a huge capital for investment and your prediction about your investment portfolio should also be true. So if you consider this carefully you will realize that it is very risky to do this as you can lose your money in some investment strategies.
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Yeah i do invest in some cryptocurrencies that are not within the top 100 but they are not as risky as you see it to be. In fact you can quitree big within those groups because at some point in time some cryptocurrencies beyond the top 100 do gets some pump at some point in time.
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I am a full time bounty hunter who helps in promoting projects and also evaluates the bounties of other projects. On the average i spend about three quarters of my day on bounties and i have been paid handsomely even though the market is quite down. I make sure i don't waste my time on scam projects but only legitimate ones in the cryptospace.
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That can only be determined by the adopters of bitcoin and the world because both paypal and bitcoin would serve as payment method for transactions therefore people would choose among these two which of them they prefer based on the efficiency of these two. But i am very optimistic people would prefer making payments in cryptocurrencies especially bitcoin.
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Yeah investing into Initial Coin Offerings of projects is very profitable but you have to do a little bit of research into the project before you invest becase the number of scam projects that have infiltrated the cryptospace is overwhelming. You got to be careful or else you will lose your hard earned money.
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I think the main reason why people are afraid to invest into cryptocurrencies is the nature of its volatility but little did they know that it is with this same volatility that you can earn more income from cryptocurrencies. The best thing to do when investing into cryptocurrencies is to invest an amount that you are not afraid of losing. I know it sounds crazy but that is the bitter truth!  |
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Well i would want to be very candid here because this topic has been on the heart of so many because of the unfair situations that are happening in some countries especially in Ghana. There is a mobile payment system which is very convenient but it would break your heart to know that when making transactions on the mobile system you have to pay double fees! You pay fees on both sending and even the receiving guy on the other hand also pays fees.
This is the reason why countries like Ghana or Nigeria would love to see cryptocurrencies legalized so that we can make payments in bitcoin because bitcoin charges us for low fees and it is very fast compared to the local mobile system. Not only that but there have been numerous situations whereby the system goes down and people have to wait for long hours before they can cash out. These are some of the reasons why i prefer bitcoin transactions than other payment systems.
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Even though i am a bounty hunter myself i suggest you get into trading if you have the funds for it or better still save for that because these days you only earn peanut for participating in bounty campaigns. It gets worst when some project managers don't even want to pay bounty hunters or you may even participate in a scam project and waste your time. Would get into trading as soon as i can.
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Well if you are looking for a long term investment altcoin then i suggest you go for Litecoin or better still Stellar Lumens because these altcoins have a very potential use in the near future and it would very profitable to buy and hold some whiles it is very cheap at this point in time.
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Well in a way yes in the sense that bitcoin was created to serve as another mode of payment system but it is being used more as an asset than a medium of conducting transactions. However, we must not give up hope since such a change within our traditional financial systems could take time but we know that in the future things will get better.
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