Well, cryptocurrency investments have that capacity, but at the moment, I don't think it can really make a person rich overnight. Maybe if I saw this idea back then, I would believe that the possibility is high because the number of successful projects and because of the wide array of departments in the cryptocurrency market that are showing good investment outcomes give that aura that it's possible. However, right now, since the market is not doing good, every amount of profit one can get should really be planned out and is basically clawed bit by bit. In that regard, although returns are still possible, the ease of getting it is not as easy as before.

I have mentioned this in similar threads, and most of my replies pertain to a future where cryptocurrencies and fiat will be able to somehow co-exist in the currency playing field instead of having one, usually cryptocurrency, eating the other one out until it dies. I say that because fiat, especially the strong and more established ones, would not be that easy to kill, and so, it would be better and healthier for the market to actually have more assets to choose from and competing because having healthy competition gives vibrancy the business sectors always need.

For me, I don't consider it gambling because of the fact that it is not solely based on change. There are preparatory works that one can do in order to do more successful trades and to find those deals that can be more successful as compared to gambling, which is something that one can't really prepare for. Maybe experience can be a guiding aspect for a gambler to win most nights, but then again, it is always based on chance, even the luckiest person has an off night. On the other hand, trading is not like that, you can prepared and check out the assets that you want to go after, which would not leave its success plainly onto chance.

I would say it is, people just have to have enough knowledge and appreciation for it. If that happens, it can really change how the word uses digital currency and how people would be embracing the use of cryptocurrencies in different transactions. As we all know, despite cryptocurrency starting only as a digital currency or e-money so to speak, it has reached a point these days where it has already evolved into a profitable asset to hold, and that has really changed the game on how people used cryptocurrencies. So, if you're asking about readiness, I think it's already there, there just has to be some changes to make it more worthwhile to venture in.

I would say that it's good. I say that because celebrities are often supported by people very dearly, and so, if they see that their favorite personalities whether they are form the show business, from sports or from social media, it can really be a big piece of the puzzle to convince more people to see cryptocurrency investments in a different light and that can really be a game changer for the cryptocurrency market to be embraced by the masses. As it becomes more and more popular and as it commands more support, it can really help the market breakthrough.

For me, I gain extra income when I get lucky with my investments; however, unfortunately, it's not that easy to find projects now that is gainful. I am actually a bounty hunter, that has been my bread and butter in the cryptocurrency market since, and I have chanced upon some projects that have been successful, and the earnings I gained from those projects have really given me that much needed extra money for my needs, and also, I have used some of them as a return capital with my other cryptocurrency ventures.

Well, I think that downtrends and bad news are always around the cryptocurrency market these days, therefore, it would be best to really have a great amount of patience in order to make sure that your investments or holdings would gain something good in return, rather than just giving up on it only to regret it later, especially if it turns out to be a good investment. In this market, a true believer and a serious investor should always have patience because it's easy to give in to what is happening all over the market; however, if one would be objective and see things with a good plan, then it can help at least mitigate those negative things that might happen and still find success in it.

Well, although that can be true in some ways, I think that's it can't be used as a rule of thumb, especially when talking and dealing about this market. I mean, the cryptocurrency market is such an unusual kind of market that doesn't play by the normal rules and standards of similar markets, like the stock market for example. Therefore, even though it is normal to expect that when there is scarcity, and basically, the supply decreases, it helps increase the value as there is not enough to feed the demand. However, in this market, even if there is such a case, there are times that people themselves don't actually sell despite having low supply in the market, and that further hurts the value of the coins in the market.

That's really a difficult and serious predicament to be in, and if I am in your shoes, I would say that I would first take a step back, and reassess how and why I failed in my investments. I should take note of the reasons why it happened, if there is any; the means and strategies I can do to get back what I have lost; and if I can't get it back anymore, what can I do in order to utilized what I have left to earn more than what I have lost. I think those are the questions and fields I would work on to at least make sure that the losses I have incurred won't happen again, if not, at least, I can minimize the chances of it happening again.

Well, maybe that can be the needed remedy for the corruption that is happening in many countries all over the world. However, you must also consider that these men who do it are pros in terms of finding ways to hide what they are doing. Therefore, even if cryptocurrency transactions have the features and characteristics to help in resolving corruption, it can always be adjusted and reworked in such a way that it can be used without in corrupt means without detection. We should remember that one of the features of cryptocurrency transactions is its privacy, and so, if that could be exploited, more so than helping stop corruption, it can help it grow even more.

I agree. The cryptocurrency market is not doing good right now; however, despite that fact, it is still a good market to be in, and therefore, you should think of your actions towards investing very carefully so that you won't be regretful in the end. You really have to embrace the good as well as the bad, and it would really be a game changer once you find the balance between pushing it with the risks involved and being safe in such a way that you are not just expending your capital to get nothing in return. For me, my strategy is to always lean and invest on those coins that are not too much to buy, but at the same time, promising in terms of the growth they are showing.

Well, I think the fact that bitcoins are experiencing bad trends at the moment, and many of them are depreciating in value seemingly on a daily basis. I think that it still has a good future ahead because of the many factors that supports its cause. First off, the support that people give; although it is evident that the market is not doing good, people keep holding on the positive things that the market is showing, and so, they are not giving up hope that the market will soon be alright, and the value of the coins will go up with it.

Recruiting, or say, convincing someone to try their luck in the cryptocurrency market is one thing; however, making them stay in the long run is a different animal on its own. I say that because there are so many things to consider before one can keep his faith and hope up, especially when talking about the cryptocurrency market. As you know, the market is not doing good, many coins are already dying out, and sometimes, it's just very hard to find the reason to stay. Therefore, if you would just superficially convince someone to be in it without actually having a real purpose or goal, then that would be very difficult, if you ask me.

Well, although ideally that that strategy would be the better one to approach, I would say that it's always up to the market how one should handle their investments. Whether you are going for a long term or short term one, or a middle-term one at that, what's important is you're are reaching your investment goals and the profit margins you have set. That way, you can always get some returns from the capital, efforts and time you have invested in, which is always better that breaking-even, or more so, losing. In addition, holding money while investing in the cryptocurrency market is a safeguard that one should have because no one knows what will happen to the market.

That's true. There is no investment that can be said as perfect that one would not have any risk or chance of losing or having some investments turn out to be bad ones. I say that because the cryptocurrency market is known for that characteristic of being volatile and ever-changing, therefore, it would safe to assume that it would be risky and dangerous. However, as an investor, one should always embrace the good with the bad. Also, a person would be a much better investor if he is well-prepared and is ready to face all those dangers to rise up on top.

I am hoping that your words would turn out to be the truth mate. I say that because I have invested in both those coins, and I pray that anyone of them, or better yet, both of them would make it big in the next following months. However, if you would ask me, I think that Bitcoin is still the clear choice between the two. I am not putting shade on Ethereum, but the price point of Eth right now has really fallen from where it was, and it has really affected its value. Bitcoin, on the other hand, while it's going down, it's showing more positive movements compared to Ethereum recently.

I tend to do the same mate. I don't actually check some specific websites or have any platform or application that I check to be updated. The internet is big , and so, if you are seriously aiming to search up what's happening around the cryptocurrency market, you should check everything and make sure that you are checking on those reliable ones because any detail can easily sway you to believe that the details they provide are the what's really happening. For me, I check trusted websites, I follow seasoned and trusted cryptocurrency users, and most importantly, I check around this forum because I can get a lot of feedback about the market from this forum.

I think it will be there in the long run and for an indefinite time; I say that because despite the market having its ups and downs and in dire times most of the time, there are still lost of bounties that come out day in and day out. Also, there are so many people that's supporting it by joining in them and hoping that any one of the bounties popping out would be the game changer bounty anyone is waiting for. I think that as the market improves, the bounty department would also have the same trend and would rise up as well.

Well that depends on many other factors. Although gold and silver are valuable assets that can be converted or sold for money at any point in time, with a big assurance that it will yield good money, the problem there arises from the fact that it can be stolen since it's a physically held asset. If you want to have that as your insurance, then you should take into consideration having a good and safe storage system. On the contrary, when you put your money in a bank, it would be safer because they would provide the safety that you need plus guarantee it as well. Having said, it's always a good thing to be on the safe side.

That's right. There are actually projects that give Bitcoin or Ethereum as their payment method rather than their tokens; however, those projects are very difficult to find because most of the projects these days are trying to create their own coins and ride the cryptocurrency wave. Also, the requirements to enter those projects are very difficult to reach; the sheer level requirement is not that issue to comply with. Of all my years joining bounties, I have only joined one project that paid in Ethereum, take that for rarity.