To achieve a goal, of course there will be many things that we encounter during the journey, as well as crypto currencies where in the current year are going through difficult times where I see public confidence in the crypto currency starting to decline due to the many phenomena that occur the last time, but in my opinion in the coming year crypto currencies will enter a period of recovery and investors will again increase even more than last year.
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It the beginning of 2018 I felt very happy because at that time the price of bitcoin was at its peak, but after several months passed in that year began to occur a very drastic price correction, many bitcoin holders including me felt panic and not a few who did sell panic , my hope at that time was to retain the assets that I had but until now the value of my assets has continued to shrink and I don't know when this correction will take place
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In my opinion, the price of bitcoin will certainly return to its original level and even exceed the price of yesterday when it skyrocketed, why can I be sure of that because of the price movement pattern that I analyzed, this is a bitcoin that is commonly experienced. from trading activities to traders. So don't panic over the current market situation because it will only worsen the atmosphere.
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But I think there will be a positive side of it, meaning that legally recognized by the government, and with the government recognition, it will increase public trust and more investors will be interested in investing in bitcoin and automatically will make the price of bitcoin become more expensive and profitable for investors.
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I have experienced things like that, but in SUMOCOIN coins, at that time the price offered on 1 sumokoin was equivalent to $ 3000, because I was interested in depositing around 100 sumocoin but when I tried to sell, my order was not executed, and when I tried withdrawal can't be done, maybe the exchange is a scam just want to take advantage of it, I suggest to be careful not to be easily tempted by a high price bid when selling our assets but having different prices elsewhere this could be an indication of a scam.
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The thing I usually do before choosing a coin to invest is in what field the coin has a project and what the end result of the project is, I usually prefer coins whose projects are in the field of education, health and marketing that I most often seek are coins from an exchange because if we buy the coin logically the coin will continue to exist and continue to rise as long as the exchange operates, and it is certain that if we have coins from an exchange we will get a lot of profits.
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I also have the same problem as you experienced, in my bag there is a token which but has a satisfactory price is much different when I buy the token now I am confused about what to do with the token token if I sell now then I will lose but if not I selling it just became garbage in my bag, I was confused what I should do, so that the tokens did not become garbage and I did not lose.
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The economic level of a country also signifies the level of knowledge of its people towards business and economy, this in my opinion is the reason why the bitcoin users come from countries that have good economies? This is because of their knowledge of investment, a country that already has a good economy certainly has a glance about how to save money and multiply it differently from a country that only thinks how to get and save money.
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It was a very worrying thing when bitcoin and other crypto currencies were above the sky then fell to the ground when it happened because since then many people were selling large amounts of assets they had because trust in the exchange was lost due to the hacking incident, then did the perpetrators who is known from the attack?
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I think not only Amazon will accept bitcoin but also there will be another giant marketplace that accepts payments with bitcoin, although there are many pros and cons against Bitcoin but its users still enjoy using bitcoin because bitcoin transactions are easily cheap and efficient so it doesn't close if later many marketplaces accept payment with bitcoin because with Bitcoin all countries can make transactions easily and quickly faster than conventional bank transactions that require more costs.
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In my opinion if the trump issued the regulation will directly affect bitcoin and the crypto currency market, because the government does contribute to the price movement of a commodity including bitcoin, when the government prohibits a commodity from being traded, the people will certainly obey the regulation because the public is afraid trading commodities that are prohibited by the government means they violate the law and can get sanctions.
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This is certainly a good thing for the development of cryptocurrencies, with the support of blockchain technology by many countries, of course, this will increase public confidence in blockchain technology and with the emergence of this I hope that the level of confidence in the cryptocurrency will also increase so investors are interested in instilling their mode is in cryptocurrency.
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Simple, the current market situation I can describe as follows, the price movement of bitcoin has its own pattern where the pattern always repeats and now the market is in a correction phase where prices fall and make some investors sell their assets for fear of loss, but actually correction when this will not be too deep because buying activity has begun to look dominating and automatically this will make the price move up.
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Yes why not, if many people now think that 2019 is a bad year for bitcoin, but actually if we look at it from another perspective here we will see that now is the right time to buy bitcoin because it is not impossible that the next few years bitcoin will be very expensive and we will benefit a lot from the difference in purchase price and selling price.
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Who benefits from cryptocurrency? of course, the cryptocurrency users themselves, besides they benefit from the ease of transactions they enjoy, they also get a lot of benefits from the price of the cryptocurrency itself because along with the increasing demand for cryptocurrencies it certainly makes the supply and demand balance move and makes prices move up.
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Actually I hear the most about Venezuelan countries that support bitcoin, although there are many positive and negative responses to this, but I still hope that it can make bitcoin and other cryptocurrencies acceptable in other countries legally and have a favorable value for investors though it will be difficult to arrive at that but I'm sure slowly but surely bitcoin and crypto currencies will get a place in people's hearts.
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it is indeed very risky and very detrimental if we cannot choose projects intelligently, but actually if ICO is completely banned then it will make the growth of startup projects to be reduced, regarding fraud committed during ICO or prices that fall when listing on the market minimized if the government joins in providing clear regulations on ICO and cryptocurrency transactions
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I think this is a natural thing and usually happens after halving day, but I think it will only happen while bitcoin will recover soon and can even reach the highest price, besides because bitcoin day bitcoin falls also because many people who commit crimes such as fraud which lures the lure of potential victims to get extreme profits but in fact the victims suffer losses, this makes the community's trust in bitcoin come down and helps reduce the price of bitcoin in the eyes of the people because it is used as a fraudulent tool.
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I just heard that, because all I have known to get more crypto currencies is to trade in a market, where we benefit from the difference in purchase prices and selling prices, but many people also call this investment, many people do this to get a profit in a short time and in large quantities, but not a few people who intend to take advantage instead suffer losses because they choose the wrong coin, the wrong time to enter and wrong market predictions
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I have had quite a lot of experience since I got to know the cryptocurrency until now, I used to think it was still very impossible to send money to my relatives who were far abroad, it seemed that it would be a very complicated procedure to send large amounts of money out the country and of course the costs required are also quite large, but with the cryptocurrency, transactions like that are not difficult you just sit in front of the computer and within seconds the money you send has arrived at the destination.
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