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Indeed is better to avoid cloud mining, i try it and i not made a ROI i invest over 0.1 bitcoin and i get back 0.078 bitcoin, if possible better buy bitcoin and hold for long.
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Indeed is more easy to cashout bitcoin online, but i think that is not good that bitcoin ATM are banned, is more easy for me to buy from ATM and also to sell to, but this is it, maybe if they will make a tax then will accept it again.
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Indeed great promotion, i just to know more this is a cahsback, some % of the products buy? Or i can get even 50% back from what i buy? And i wish to can withdraw crypto if possible, but maybe on future this option will be added.
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Indeed both are risky, if you know how to manage a bussiness better try open a business and after you get some profit from bussiness invest on crypto and see how is going.
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Will not happen, i think bitcoin will be used as is now, and mostly we will have USD and EUR which will be used on most countries, and we will not have single currency.
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I also think is too risky, better avoid it and try do trade on your own and see if you can make money at the end of month, and if you can't try another strategy and see which one is better for you.
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Indeed crypto whales can manipulate market and sometimes this affect people who not have so much coins and some of them sell because they see the price dropping.
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Gold is more stable and has a long history, while bitcoin can be used anytime and can be selled, to sell gold can take a lot of time if is physically hold at home. But bitcoin is indeed the crypto king and is more faster to use if want to buy or sell.
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-snip-
No one has 100% control over the markets, but it can definitely be controlled to a certain extent. Whales, news sites(crypto and non-crypto), certain personalities(crypto and non-crypto), and even the government, can affect the markets one way or another. Though as time goes and liquidity gets better, it gets harder and harder to manipulate BTC's price. Indeed whales and some news and personalities talking about bitcoin (bad or good news) can affect the market, but if people who own it not sell when price is low then can be hard to affect it for long. |
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Sometime maybe you can be lucky if choose a coin which more people say to invest, but sometimea most of "hype" around a coin can make you lose money because they never give a profit.
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In my opinion is not good that some countries ban bitcoin, but this is it, we go forward, but is good that other countries accept bitcoin and some of them will put tax on bitcoin, this will help mass adoption.
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I still need cash when buy food and some thing that i can't buy even with card, but i think over 5 or more years i will not need to use the cash so much as now, but this only if governments and companies will make some changes.
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I also think the ban will kot affect crypto and bitcoin community but i wish that the law to not be approved because if more countries follow what India do, then on long term can affect the market.
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I wish that law to not be approved and government think twice what is better, take tax on bitcoin or ban it and never get nothing from? And i wish all countries let bitcoin to be used and not ban it.
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Is not stable but i think will grow and we can have 10k for bitcoin if not now maybe next month if there will be enough money coming again on crypto, until then we can try get some more coins.
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I also don't know why he wait 3 years, he should try a mixer before. But indeed most of exchanges has been hacked and people lose money but on Binance people not was affected because exchange covered the stolen coins. I have hardware wallets and never had any problem.
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I don't think the market will collapse even if now we have price drop for bitcoin, but i think over time the market will recover and in my opinion i think bitcoin can bring more profit than gold.
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I don't think we will have recession this year, but i think the bitcoin price will not grow so fast, only on long term we can have a new ATH for bitcoin and most people who have some % of bitcoin can take a profit.
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If 10k will be reach then people who buy on bull run will think they have a good chance for a new ATH and will hold until they can get a profit, but indeed people who buy on bull run maybe lose hope because bitcoin drop a lot last year.
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I didn't know that, at least i not made any research. The main problem in my opinion is that sometimes not worth to send low amount of bitcoin, like 100 satoshi or 1000 because fee can be higher than amount sent.
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