Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it. Assume Bitcoin price - 8,925 USD According to coinDesk Supply of total bitcoin yet = 16,937,088 Total value of bitcoin till now approx -$0.152 Trillion According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.htmlTotal World income is 280 trillion USD Total bitcoin contribution to world income 0.054% Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc. Share your view on it. That was totally an awesome and amazing thing about this new type of cryptocurrency uprising the positivity of pushing the innovation to uphold the capability and capacity of the world's income to rise furthermore which is a positive thing that can be associated with the cryptocurrency. Absolutely, this will encourage more people to go engage with Bitcoin as well as the other types of existing cryptocurrency around the virtual market that will surely uprise the popularity of the whole community if that scenario will happen. This is literally a superb action taken by investors or whoever it is behind this impact. Bitcoin is really adding some valuable impact on world economics. And according to some experts, in coming few decades when bitcoin would be stronger enough to hold at international leave, this would become criteria for being top economical powers. Whosoever would have more impact on bitcoin be the super one. |
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trading is the first time, than bounty campaign. but now often on trading, if there any sign from some coin that will rise. than hold little bit.
i think, you can starting to make profit in bitcoin. no fund, just your pc. you can earn bitcoin, free as you want. but, its very little. or you can start with bounty, but you must grow your account if you afraid to loss your money
Well I don’t know what you want to ask. People are now investing in bitcoin and this is best time for buying. You can’t expect some $2000 or below price for bitcoin now. These six thousand dollars become a deadline. So right now, bitcoin is at the lowest possible price according to situation. Don’t miss out this chance and start investing in it to make your future strong. |
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crypto continues to grow as well as users who are directly or indirectly involved in crypto. various problems that arise are proof of the crypto that is used, not just staying in place. it's time for crypto to be strong and advanced, so the value is fantastic and we should be good for everything
There are some levels of losing money, and the worst is the later one you just said. When prices are higher, and you are blinded to buy coins at that place. Your greed would not let you control your mind and hence you are just prone to loss every time. And most of times prices are bad and down. Hence if you lose you couldn’t hold your mind tight and regret. |
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Most ICO's tend to hide their members behind the project. Is not it necessary to know about the team also who are building an ICO project, including other factors of it?
Lol, team now is probably one of the most important thing in ICO analysis! Now there is a trend for Korean teams, and also if team is famous and well experienced the project is gonna moon! That’s true. I don’t see any reason why an ICO would hide its team, that’s very suspicious if it’s true, and it should ring a bell to your ears that this is a scam. I have never seen a legit ICO that has hidden their team why on earth would they do that, unless they don’t want people to trust them? ICOs with good teams tends to succeed more than those without a good team. |
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Are you in the 3 year EOS holder club? 10,000 for me. Secure your private keys and enjoy the ride  I have read so many about EOS and I’m planning on buying it soon. First thing I have noticed is that they have a good team, in fact one of the best team—Dan Larimer, BrendanBlumer and Brock Pierce. There is no need to argue on what these three can do, if you doubt it you can make your own research. A lot of people knows that EOS is a lifetime opportunity that they can’t afford to miss, same as me. |
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This is not the case, and this sentiment is usually caused by a long-term bear market. But you must know that bitcoin cash has a strong strength, maybe they see the future market rather than the current market. The failure of cryptocurrency this year does not mean that the future will fail. The market may once again shock you.
True of course, failing this year doesn’t mean that it will continue to fail. Market doesn’t grow continuously, there are times everything fall and there are for growth; everything has its season. So those that are always expecting that there will be growth are wrong, cos even at first you’re being told of the risks. Let’s hope that next won’t be the same as this year, it should get better. |
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Amazing, I am very interested in your article. after reading the tips for trading I feel that a trade is not difficult, only we need to be more careful and think about it in more detail, I agree if you are a professional trader.
I like tips number three, "don't trade with money you can't afford to lose", because most people feel great before starting, so they dare to spend a lot of money to trade without having a good strategy, causing them to suffer losses and ultimately hate trading.
This strategy is often overlooked by new investors because they want to risk their investment but when they make a mistake they just want to return to the starting point. I personally follow the advice of the top trader because they are the ones who go before and always give me good advice before trading. I think this is an exam of a trader that how he would be dealing his trade. Sometimes they have questions and they ask on some forum about their query, they contacted with some expert traders. Some gives them advices resonating with their own mindset and few advices don’t hit directly. So, people start getting confused. They must make difficult decisions at that time. |
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"There are two schools:
1. People want to eliminate emotions in the trading. He is practicing emotional limitation in a particular environment. Extend the mind both in depth (towards emotional elimination) and width (to the environment other than trading).
2. People want to control emotions. Work with him must have both greed and fear to progress. "
This is exactly the 2 schools to deal with trading psychology. I would like to analyze a little difference between these two schools.
Eliminate emotions
This is a group of trader that emotion is the problem, to kill the problem to kill the original is to remove emotions from the trading process. They learn how to keep the emotional impact to a minimum. And to put the mental state in the mind and consciousness.
Some ways to eliminate emotion are to look at the issue in a different way in order to separate emotions from the psyche. Or whenever the emotion signals out of control, the trader immediately distracts himself to avoid consequences.
Put another way, getting rid of emotion is making the robot look as good as possible. The ultimate goal of this school is to promote the power of reason and to reject emotion.
Emotional control
In contrast to the above, some other traders said that should not seek to eliminate emotions. May be because it is not necessary, or can not be eliminated. So one must choose one way to live and control emotions.
With this school, you will apply the transition, the emotional direction to beneficial goals such as using stress to increase concentration, turning heart to aspire to success, turning the fear of losing money into spirit the law,...
These traders "use" emotions instead of removing emotions. Because they believe that emotions create new motivation for success.
For you, which school is better suited?
I do not discuss the correctness of the two schools. I just put up an open question for you. What school do you follow? How will you do it? How is the effect? Share your experience, your opinion about these two schools?
I better control emotions than eliminate emotions. but I am confused, can emotions be eliminated? I think just to control emotions is very difficult, let alone eliminate emotions, I do not know how. emotions are not always bad, there is a positive that can be generated from emotions, namely a new spirit when we have lost, with the emotion, then we will easily get new enthusiasm to start again. But here is a problem, humans are always emotional. You can’t just eliminate this feature rather better to control them for your own good and bad. People always looking forward for the options that can help them to earn money. But we also know money is always associated with emotions. So, this is a loop that must be dealt with much care and consideration. |
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bitcoin price actually unpredictable, we can't tell exactly what's going on next but we can predict.now price is around of 6400$-6500$.everyone hoping that price will up very soon,waiting.
Bitcoin is unpredictable, this must be digested at very root level. If you are interested to get into this world and deal with bitcoin. If you want to earn from bitcoin as part time or full time, do remember and make it firm in your mind that you can’t predict bitcoin. Neither any machine nor any tool so far has been developed that tells you the behavior of bitcoin in coming days. |
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hi all iam new here and new in bitcoin world
iam an old in my family my father us past way
and hope to get successful
i need to learn and be good to get money
please help me and give me more advice to stand on my foot and help my family and built my future
i hope to find good people to advice me and help me too
God bless All
You know, experts often recommend to start with investing in crypto. I think it makes sense. You just create an account on a cryptocurrency exchange like CEX, link it with your bank and then simply buy coins. Also, I will agree with watashi007. It's better to start with a small portion and gradually increase it. From what he stated, I assume that he is totally broke and a money from his bank is empty. While considering he is a newbie with no definite knowledge about crypto, he will likely end up more broke if he do trading with altcoins. It will be good if he learn this first but don't expect a miracle neither success overnight as crypto needs patience and knowledge. If OP was here for bounty, well I guess he won't make it. We actually didn't get a good reward from bounty for the past few months. Lol, that’s true and no one here is ready to be giving you money for free. Maybe it will be best for him if he finds a real job and work hard to earn money through it, maybe after that when he has gotten enough money he can choose to invest a part of it in Bitcoin and HODL for chances of making extra profit as the price increases. It won’t be easy here for him if he doesn’t have any money. |
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People tend to innovate and if these platforms can’t offer new advantages, they will certainly die. It is complicated because you can do everything and lose all trading volume "Nokia" or do nothing and still wanted "Blockchain.info" One of the start-ups to look out for is BLOCKCHAIN BOARD OF DERIVATIVES, the platform combines both centralized and decentralized features of Blockchain to stay aloof the crowd in the space. This is an all-in-one trading platform, that is going to be welcomed when it is launched.
I do not have any information about that platform but their idea seems good. I think the future of platforms that allow you to have a cold store of your cryptos plus the possibility of exchange "linking hardware wallets and trading platforms." What other ideas are left for them to offer? I think the best thing is to stop them from releasing more exchanges they just don’t make any sense, cause they still won’t offer anything new. The only thing they can do is to offer a lesser fees, but to me that doesn’t count. There is a lot of competition but the bigger exchanges that has been around for long will always carry the cup. |
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Hey,
Looking to get some ideas from people so let me begin by explaining my situation:
- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.
How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?
Bitcoin is always the number one when it comes to this kind of situation.So I will advise you to invest your money in Bitcoin, cause when bull run comes, it is always sure for Bitcoin that the price will increase. Altcoins follows Bitcoin move and sometimes they don’t, and they might even continue to fall when Bitcoin is rising cause every investor will be focused on Bitcoin then, so invest maybe $1000 dollars in Bitcoin. |
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Africa is a developing country and with a lot of challenges poverty being the main issue. They lack electricity and access to the internet. For this reasons, I do not see it as a good place for crypto for now
We must call ourselves lucky that we have almost every single technological item with us. We can use them freely and government have made it possible for us to use this currency. But yes, like you have said Africa, there are big issues related to their economical values. Hence, they must try so hard to find out best possible ways where they can increase the impact of bitcoin. |
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In my opinion, they are thinking like that because they dont have the knowledge about our modern technologies today, most of the people who are criticizing cryptocurrency are those people who are old enough that they cannot understand how to operate a simple ipad, so they literally dont have a clue about the way our system is going.
old generation did not open minded to technology developtment.and i am believe because of that still much people under estimate to cryptocurrency. They are always demolishing the courage if someone talk about bitcoin before them. They start just yelling and ordering not to get into those fuss. They don’t accept bitcoin or any other virtual currency and as bitcoin is totally nonphysical thing, so this never get counted in their good list. However still bitcoin is progressing and moving towards the successful tenure. |
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Having an economic crash is beyond everyone's control wherein government in each country should work for it to stabilize the economic condition in every country. If this happens, I think cryptocurrency will also be affected and this could result to a bearish market and could probably be experiencing to a much longer period. People should consider bearish market as a privilege to the crypto market and should take into consideration that this is the right time in buying more btc and altcoins. I believe that crypto currency will have it's time to shine again in the coming months.
That’s it. Simple and logical. We all are mostly complaining about the circumstances and economical problems that we are facing, but who believe this would end someday. No one, and that is right. No one can even remit these issues from life. A life is always junction of some ups and down. Neither governments can remove this nor the individuals, learn to deal with it. |
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In 2017, some bounties were profitable. Some airdrops were disguise as bounties. But most airdrops were not profitable in 2017 too, not only in 2018. Some didn't get into an exchange.
This means that the factors that affected the market had been mostly favorable. It was just a month of surge that did not last long but had immensely great effect on the business and investment of the crypto market. Well about the era, we can have another boom with prices much higher than those back in 2017 but you do not get the market revived so quick. It is not a matter of days. Hopefully after staying calm for more than a month, the market might go in the recovery phase in the next few moths. |
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Will Ripple XRP be the number one cryptocurrency before the end of the year?
maybe yes or maybe no, but theres no impossible in crypto world Well in the crypto market, advancement is everything that determines the race between the coins. If ripple had a great advancement and good name in imparting profits to the investors, the demand for it will rise high and this demand is something that makes you the number one contender for the award. But is is rather an over speculative statement and I so not think we have a more advanced coin in the current time in the market other than the top two coins. |
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Bitcoin is seen as a currency that is not regulated by any institute. It does not generate any revenue and therefore, has a zero minimal value. What then brings about its value and drives it as well?
From what i am read, bitcoin have a value because people trust on the network security and its impossible to double transaction. Fiat money have value because trust on government but the different between bitcoin and fiat money is bitcoin have limited supply and no authorities control the supply We all must live in reality. We all should know that people never accept such thing that isn’t visible physically. We believe strongly on physical evidences than some soft or visual facts. Bitcoin isn’t physical and this one factor is a biggest hurdle for promotion of bitcoin at lower levels. We have to keep on promoting the good picture so that this virtual fact can be overcome. |
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The Government hate Bitcoin and other Crypto because they can't control it!
I often said this is all about the selective choice of few people among government officials. In our government, right now they have started their mindset be molded to accept bitcoin. Till now things weren’t that much sweet here. Going to thorough mindset, politicians often don’t accept such thing because they couldn’t be making any progress on corruption circles they always plan. |
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Multi Level Marketing or MLM is totally fraud business system. I have seen many MLM business and i have lost my money in that business. Bitcoin is legal but MLM is illegal so Bitcoin isn't ideal for MLM.
I was really not well aware of this business. Till now I haven’t read about it even once but now as I have seen so many contribution of opinions about this one thing, definitely care is needed. One must not be so blindly trusting everything that comes on board. Most of them are scam and thus they decorate the name of bitcoin as well. Keep yourself updated with news. |
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