Nowadays people like to follow the trend. Defi project is being discussed a little more. I think this insanity is going to stop very soon. These projects should be thoroughly analyzed before getting involved.
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Profit, even if you hold your gold bars or gold jewelries is not assured, though it's not guaranteed, yes time really matter for commodity investments like gold, but it is not always assured, as you will remember, Musks is planning to mine gold on an asteroid, if that happened, the supply of gold on our planet will be enormous making a massive drop to it's value.
But if that didn't happened, expect gold's value to go higher as years pass.
Gold had a significant value since time immemorial and I think it will continue to have value in the future. Gold is one of the daily necessities of human life so we can expect gold price will be rising in the future.
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Cryptocurrency always goes its own way so nothing can be predicted correctly. But if you can buy at the right time and wait until the right market price then of course you can make a good income from here.
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Since we keep a lot of valuable assets in our wallet, we should think about the protection of it. I think it's better to write seed physically without leaving on online. And if the amount of asset is more, we should exchange it to our fiat currency.
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In my personal opinion, binance and kucoin are the best for trading. Both are best for user friendly, security and support. Fees and all other elements are bearable to traders.
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Actually all the time are good for buying bitcoin. As bitcoin is the decentralized coin and it has great value, it is good decision to buy more bitcoin for future.
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If we want to sell over $20k then we should wait some more time. It is not the right time to reach $20k for bitcoin. For this price, bitcoin has to cross its all time high.
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That's out of mind. He has right to share his prediction but he shouldn't be insane. I just wanna go his Twitter account and ask him, how he did this predicition and based on which purpose? Cause i haven't found any valid reasons behind it. But it will be great if his prediction come true and Bitcoin really reach to $100K
Yes, anyone can predict the price of bitcoin. But at this time, there is no strong reason to reach $100k. I think it is still far from current price. But we can hope to reach $100k.
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Obviously it is not a good think from a women. In this digital world, it is one kind of foolishness. Some government don't adopt for this kind of activities.
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Yes, bitcoin has ability to be an ideal currency in future. Everyday people are joining with bitcoin. At this stage it is most popular crypto currency.
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Daily $1 is not suitable at all but daily investment is a good way to gather money. It is really a great habit for investors. We can make it monthly from daily. Hopefully it saves our daily fees and time also.
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$100 is not a little amount but in my opinion, you can star with at least $300 because you will have to pay fees in different sectors. Trading fees, withdrawal fees, deposit fees and so on. So try to enter with at least $300.
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Buy the dip cause it is an opportunity but be sure that the coin you are buying can easily recover when the market recovers, not those altcoins that when it dips it so hard for it to recover.
Buy and hold are the best investment. On the dip, we are able to buy more within our budget and we are able to hold it. After some days, we will be able to make good profit from it.
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Eth and other altcoins are usually following the movement of bitcoin. So the price rely on how bullish bitcoin could be. For eth I think we can reach $500, its a good price already to end the year because its been a long time since we last see eth touch that price. Its realistic to assume we can have that value before the last quarter end.
You are right that the price of altcoins are depending on bitcoin directly or indirectly. If the price of bitcoin goes high then we can expect a good price from ethereum also.
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We all are waiting for a revolution like the last year. I believe this it will happen and I am also waiting. Traders and investors are eagerly waiting for this. At the end of this year, Bitcoin will hit at least $25k and Eth will hit $5k and I can't think anything without it anymore. This revolution is badly needed in this bearish situation.
What is your point about it? Please share
Though bitcoin can break its all time price but your prediction is like day dream. Bitcoin is now near $11k and still far from $25k. If we think about ethereum, it can reach up to $800 at the end of this year.
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Predicting the price of a coin accurately is very difficult because cryptocurrency cannot be controlled by anyone or even the government of any country, but in 2020 there has been a slight increase in price so that there is great hope that the price will soar by the end of this year.
What you said about predicting the price of the cryptocurrency to be difficult is correct but you are absolutely wrong when you said crypto cant be controlled because the last time I checked some centralized coins are certainly controlled by the team involved which XRP also fall into that category. But if you think about bitcoin and other popular coin like bitcoin, most of the coins are decentralized and we are not able to control it all the time. But for ripple, I think it is still far away from $5.
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In my opinion, day trading is much more profitable than holding. Though day trading has some risk also. But I prefer holding it it is popular coin like btc, eth etc.
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Really it is painful situation. Ethereum fees is so high and personally I'm unable to send lower transaction only because of gas fees. Hopefully it will fix very soon.
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On your Option, No 1 is the main reason why people are run away from trading. Trading is not so easy what people suppose it. Most of the new people don't know the basic rules of trading. When they lose money continuously, they think trading is not for them. But practically they don't have much idea about trading.
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BItcoin cant even go back to $15000 and struggling to pass 12000$. So maybe $100k price of bitcoin will only a dream to everyone who are waiting for it.
I don't believe that bitcoin is struggling to pass $12,000 because it already had passed it a month ago. Unfortunately, bitcoin suddenly drops its price below $11,000 due to miners that they sell out their bitcoin holdings, but the current price of bitcoin is now $10,800+. So there is a chance for bitcoin to get back its price from more than $12,000. Bitcoin won't rise so fast. Yes, it is true that bitcoin will cross $12k again. But every time we should support bitcoin and by this we can able to green the crypto market easily.
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