If you want to switch fiat to crypto, it's possible but the crypto must be treat like fiat, it should be centralised and need kyc, which will be more complicated, the government can collect the tax in crypto form if the government know who is the owner of the coin, I think its a bad idea to used crypto as main currency, it will put the country in a lot of risks
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This is great, it will create a bigger and positive atmosphere for all crypto users, sport industry is a big and famous industry if they want to used crypto then its mean that they believe crypto got a good future and it can start a bigger transaction volume which will be great for the users, this event can create trigger acceptance of crypto in the other sectors
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Unfortunately you can't make a profit when the price is dumping and the situation got worse when the coin you want to trade is token, usually token transaction volume is really low and the price is being manipulated by the whales, the best thing to do in dump market is to hold and buy more, selling in dump market is not a good idea
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No, dont believe in such things, in trading you need to rely on yourself, the signal is also a speculation made by people, it can't be 100% correct, some content is a copy paste content from other site, and I don't feel good to pay something that is not certain, I ever joined the premium signal in the end the channel not update anymore and the signal make me lose money, so I don't trust any premium signal anymore
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Fot me the most important thing in exchanges is the reputation, I saw a lot of exchanges being hacked, so now I only stick with the high reputation exchanges like bittrex and binance, good customer support also an important point, low transaction fees and a lot of good coin to trade
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I think I still remember my first bet, at that time I was still in high school, so it was the big match between Manchester United and Arsenal, because I was the fans of Manchester I bet on Manchester, and that was my first time watched the football from the beginning until the end, and I lose the bet, from that experience I learned a lot about the type of betting that lead me to understand sportbetting, sport betting is really fun especially if you already know how the team play, it can help you to increase your chance of winning
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Yeah, if you are a great trader then you can make a lot of profit within hours, but you also can lose your money in split second, short term is certainly not for beginner because the risk is too big, for the beginner long term is more suitable because it doesn't need to complicated trading analysis and the risk is also not too big
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Its a difficult situation for ICO, the ICO still can alive but its going to be tough, investors are tired of the new ICO which most of them are scam or will lose a lot of value, and the competition between coins will be very competitive, and the market also not showing a good sign that its going to be recover
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Crypto could be the threat to the country's economic and the government doesn't like anything that they cant supervised, and the situation got worse when people do money laundering and tax evasion using crypto, every single crypto benefit doesn't really give benefit to the country, it only give benefit to the person, so no wonder the government doesn't want to adopted crypto, but blockchain is different one day there will be a lot of sectors adopting it, now the government still do research to implement blockchain
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Exactly, when bitcoin keep on going up, people not do tge correct speculation, they just want to make a quick cash and keep on investing, they never thought of correction, when suddenly the reality hit them, they lost a lot of money and keep on complaining about the price, and now they hope that the price will rise like last year, when their hope is not coming they will spread fud to make other feel miserable, greed is a dangerous thing in investing, it clouded people's analysis
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Sometimes it can be a good option to postpone it, ICO launching need to be prepare carefully, because the first impressions is very important, and the ICO also need to consider the market situation to know the investors capability, postponing an ICO doesn't mean the ICO is failed or afraid to compete, but it shows that the developer team consider the project from a lot of aspect
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Its worthed and it is a must to learn technical indicator to be able to make profit, people created more and more advance indicators to be easier to predict the market movement, indicators cant be 100% correct but it can give a good review about the market, and from that point you can speculate about the price, so it's an important element in trading
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Bitcoin just like Forex react to either positive or negative news. Unfortunately, there hasn't been much positive this year and hence, the continuous downward price movement this year. Hopefully, the ETF will get approved, perhaps that would bring the much anticipated bull run.
Yeah, but even with some positive news bitcoin still unable to get out from pressure, I think the reason is because a lot of people had hold their bitcoin for a long time, when the price go up a little they will sell it, the only hope to make bitcoin price go up really fast is through ETF, without any big investors or legality from government, it will be hard for bitcoin to go up quickly
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You should sort your priority, your study is very important so don't get addicted with crypto, I think join crypto can give you a lot of new things to learn, after you finish study you will need to find way to make an income and crypto could be the way, so there is nothing wrong to to learn crypto while study, but you need to manage your time, and trading is all about analysing skill and experience, there is nothing to do with emotion
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Technically all people are losing money when the market is down, but a good coin won't have a constant down, if the price is keep on down then it's mean people are abandon the coin, when a good coin being dumped there will be investors buying the cheap coin, when the market is down then its a great moment to buy, even if you are not going to gain any money from the down market, but it can be the chance to buy cheaper and gain more in the up market
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I don't expect this to happen, but if Bitcoin is appropriate and meets the requirements to replace the existence of USD, I think it's an advantage for us BTC owners. when all people in the world use BTC, then in a short time they will also understand Altcoin, and there will be a cryptocurrency period.
I personally think bitcoin still not appropriate yet to replace USD, the volatility is too wild and without any supervision there will be whales controlling the price, I realise that fiat value will always go down due to the inflation, but it will never be collapse, USD had been used for a long time in almost all international transactions, it's not that easy to replace it, afterall, crypto is banned in several countries
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The bounty will stay alive as long as the new ICO keep on coming out, the coin need the bounty to be advertised and the bounty also can be the one that increase the transaction volume, bounty hunters are crucial part of ICO advertising, but nowadays bounty hunters income is not as big as it used to be, because of a lot scamming project and low value of coin
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Yeah, a lot of changes had happened and there are a lot of shifting, I think the reason of that is because now there are more promising project that keep on appearing and now the advertising team are more creative, I think nowadays there are more project backed up by strong investors, so it able to shift the old coin
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There are so many reasons why crypto being banned, the crypto doesn't really give a good benefit to the country, the country cant control it and its easy to do tax evasion, the money laundering reason is a bit absurd, but the government will used a lot of ways to surpress crypto movement, and as long as the government cant gain control, the government will not accept crypto
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Its really interesting, one of the line that caught my attention, is the price is not the measure of crypto growth, and I am agree, bitcoin is not created to become asset, the real measurement of crypto success should be from its adoption and the transaction volume, crypto users has been keep on rising recently and the fame also keep on rising, the price for me is still in great path, I think crypto will have a great future although we are trapped in bear market for a long time now
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