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41  Economy / Economics / Re: Will crypto lead to the next financial crisis? on: August 09, 2021, 06:42:29 AM
The economic crisis cannot be caused by Bitcoin, but the inevitable result of the current debt inflation in the legal currency system. The scale of Bitcoin is small, and its market value is not large enough to have a significant impact on the global financial system and pose any threat to it.
The collapse of cryptocurrency may cause serious economic losses to many investors, but it will not have a great impact on the financial system and will not affect the turbulence of the world economy.
42  Economy / Trading Discussion / Re: The reason why investors often lose money on: August 07, 2021, 07:38:25 AM
Lack of knowledge and experience, overconfident in trading and investing a lot of money, just greedily focus on profit.
Easily affected by market sentiment, the market may fluctuate at any time, making you panic.
Before investing, make sure that we understand the market and choose the currency to invest in,learn from experience instead of making as much profit as possible. When investing, you must have good knowledge and patience, set correct goals and manage risks, and stop losses in time.
43  Bitcoin / Legal / Re: Is Bitcoin an independent property? on: August 07, 2021, 03:39:29 AM
If you own bitcoins before the marriage and have never sold any bitcoins during the marriage, it will still be a separate property.
If you sell it during your marriage and use it to buy things or make money with Bitcoin, you may treat Bitcoin as a common property.
44  Economy / Trading Discussion / Re: Trading skills and strategies on: August 06, 2021, 08:48:59 AM
1.Learn a variety of indicators and K-line patterns related to trading in an attempt to find a suitable trading confluence point, and conduct correct trading by analyzing trends.
2.Trade with the right attitude, the attitude will affect your judgment.
3.Don't over trade. Even if the market provides multiple opportunities, try not to operate many at the same time, which will make it more difficult for you to manage risks. Try to avoid trading for the sake of trading. If multiple transactions are stopped, you will have to bear heavy losses.
45  Other / Beginners & Help / What motivates you to start investing in cryptocurrency? on: August 06, 2021, 08:28:10 AM
A year ago I had a friend who talked about cryptocurrency and checked the news about cryptocurrency on YouTube and various websites. At the time, I didn't know what cryptocurrency was and was very skeptical.
In the past few months, I saw a lot of news about profiting from investing in cryptocurrencies, and I also saw a store that indicated that it was possible to pay with Bitcoin.I became interested in it, so I asked that friend to leave the knowledge about cryptocurrency as a hobby investment.
How did you start investing in cryptocurrency?
46  Bitcoin / Bitcoin Discussion / Re: Why do ordinary people feel afraid of Bitcoin? on: August 05, 2021, 08:18:57 AM
1. Bitcoin is a new thing based on blockchain technology. Many people are not familiar with it, and they are afraid of what they don't understand.
2. Ordinary people value safety more than anything else. It is difficult for them to understand that Bitcoin can have such a high value. They would rather take $10 in cash than make a $50 crypto investment for free.
3. Many countries are still banning the use of Bitcoin. Most of them regard currencies that are not supported by the government as illegal tools for money laundering, fake money, and virtual reality. They will be cautious and fearful of it.
47  Bitcoin / Bitcoin Discussion / Re: Bitcoin security in the long term on: August 05, 2021, 08:01:39 AM
Bitcoin will still exist in the secure network. As long as it is profitable, miners will continue to hash and process transactions, and transaction fees will still exist.
Over time, the network will be much safer than it is now, and it will be less vulnerable to attacks. It will be balanced by transaction fees in some way.
48  Economy / Economics / Re: Bitcoin as a speculative asset or as currency on: August 04, 2021, 09:50:39 AM
The price of Bitcoin is unstable and volatile. Many people like to use it as an investment currency. Buying and holding Bitcoin for a long time can get a lot of benefits.
There are also many regions that allow and support bitcoin payment, which can be used as currency to buy or transaction.
49  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth buying other cryptocurrencies other than bitcoin? on: August 04, 2021, 09:30:53 AM
You can get benefits by buying and investing in any cryptocurrency. Compared with other cryptocurrencies, Bitcoin has a long development time, a large transaction volume, and is more secure. Long-term investment in Bitcoin is a good choice. You can also choose to diversify your investment and allocate funds to invest in a variety of cryptocurrencies. Even if the price of one currency you invests drops and you lose, you may also profit from the other currencies you invest in, which can reduce your risk of loss.
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