Bitcoin already has a high price. but tremendous price movements are also influential. BTC can be option for safety coin for short trading so far . the thing that i believe is bitcoin will show more than the current price.
|
|
|
He must try it with minimal capital to adapt to the market if he wants to start entering the crypto market. and make sure he knows how bitcoin gets and the history of bitcoin and what to avoid in crypto and such. remember trading anywhere is not always profit. but experience its important thing.
|
|
|
just saying you didnt know what bitcoin is . It's hard to explain to someone who really understands crypto and then considers it just an investment game and the like. they won't know if they're not interested. first thing to explain them is they must know what bitcoin is and how bitcoin gets it.
|
|
|
Using hardware wallet sure will safety but not sure people will do that for small amount of money. the easiest thing I do is to use a device that I rarely use online and only use it several times in using a wallet. and make sure the windows are owned by the original and you never go online anything with that device. like cheap PC just for saving assets.
|
|
|
Of course, Bitcoin can be a world currency. However, Bitcoin is not valid in all countries. But seeing the popularity of Bitcoin,it will be the world currency for a time.Only the bitcoin has been known in all the countries, which could not make any other coins.Everywhere they are Bitcoin,world Currency Will be.
Do not agree if the terms of the world currency. because each country has its own regulations in terms of their main currency or financial things that are most likely and I believe can happen. btc be playing digital currency for any digital transactions using BTC ..
|
|
|
Is it really that hard to prevent hackers from hacking exchanges, wallets and God knows what other methods they use... I mean how on earth is crypto supposed to flourish if it's so venerable to hackers?
Possibility if the wallet is used actively through website services. It is very possible to have a hack because there is a chance that hackers will take access to the wallet or control it remotely. but for offline wallets that you may never use as often as possible. very small chance of a wallet being hacked.
|
|
|
There is no " late " to do with something. all can start from anytime. just wait for the right enter market time and buy at the best price. can get the same benefits as before. which distinguishes only the price of the coin the fluctuative price is same as crypto usual.
|
|
|
Many reasons someone is still continuing to buy bitcoins or keep trading bitcoins anyway. the thing is for sure they are looking for big and short profits or maybe they think it is the best investment and they believe bitcoin will be more than this. they have their own reasons depending on their beliefs and courage to raise risks in their investment choices. im also still believe bitcoin its still far away from all time high price.
|
|
|
It will definitely take a very long time. and when it really happend and bitcoin is getting in a lot demand the price is also going to be very high than with current prices right know. but it looks like bitcoin flow always ends up in a some wallet. imposible that will dissapear .
|
|
|
The other coin will definitely also follow the usual bitcoin price. because altcoinis also primarily paired with bitcoin. if bitcoin also goes down it will have an effect. and also certainly if the price of rent mining can also be influential if the price of the coin can go down. but mostly this happen only for top 100 coin in cmc
|
|
|
Many think crypto too has a big risk of price differences that are considered very volatile. and most anonymous transactions in government eyes are suspicious transactions and allow illegal transactions with crypto. I think it's a natural thing if a country still thinks it. because it is essentially crypto anonymous and free to use for anything .
|
|
|
Which I still feel in my society people around my life who understand the bitcoin or crypto they still think it's an investment like a stock market. they only see from the history of bitcoin prices without knowing what exactly the crypto is. they need real proof for what crypto is and they just hear from some sources or news only.
|
|
|
what I believe most is the bank and crypto system is very different. And each country also has certain regulations for national banks for their country. but for your opinion that crypto can be a safe investment in a country may happen im quite agree and back again its depends of country it self .
|
|
|
Reserve as reminder for my self . will update my design
dateline 30 july .
|
|
|
Do not really agree if crypto is said to be a safe investment. because the price is fluctuating why bitcoin becomes a controversial means of investment. different from stock market etc. same concept but different system. the most important thing for some new people who ever first time trying trading in crypto must understand first what is in the crypto market before actually fully enter the market crypto. like trying with small capital .
|
|
|
-snip-
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.
Bitcoin is a part of digital money. How is digital money is your country ??
Yes you are right. everything is digital. easier . cheap and in reachable wherever. and bitcoin is optional payment for digital payment globally. maybe some people still use credit cards etc. but in the presence of my own crypto prefer optional payment with btc. other easy and do not giving sensitive data like credit card. btc can also be thing of investment.
|
|
|
So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
They are just trying to get something. and assume it is their chance. there is nothing wrong in trying it all. it all depends on each person. maybe some of them have gotten something big from it until they keep doing it and hope it happens again. its pure normal in crypto market
|
|
|
good refference so far. so overall be about wise in managing finances. and focus on financial management and focus on main planning. maybe i can also add some tip from my experience. realistic to the market and wise in determining the financial options in terms of saving. and option of investment.
|
|
|
Eight months ago, my financial situation was not good at all, I work that way, My income was about 45 to 50 dollars in the month, I was disappointed with my income Than a friend of mine suggested me to work with cryptocurrency. But I had no idea about cryptocurrency. Gradually, I learned to understand a lot about cryptocurrency, cryptocurrency gave me success in life, Now my income is 800 to 1500 dollars per month. Now I am very happy and now I believe cryptocurrency may change the financial condition
it's really a very fantastic change in terms of your monthly income. what do you do to get it all? keep consisten running it and more seriously may improve your performance and income. good luck. and congrats! I am also still in the process for expanding my project .
|
|
|
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
your uncle advice not bad tough . he just want make sure your capital as save in bank but you can't make money with bank with that ammount , and $2000 is pretty good tough for trading in crypto market . or maybe you can use half of that capital to entering to trading in crypto market. and learn while trading directly in the market. just remember expectations do not always same happend with reality. and your capital is enough to provide experience in trading and give you confidence in choosing where you will use your remaining finances.
|
|
|
|