In my opinion, old coins are still in a great demand by crypto users because growth is very stable, but now new coins are very dominant because their growth is extraordinary, even though people are still investing in old coins, new coins are very prioritized, because they are very promising,
- Priority but mostly just short-term potential projects, they update the right trend, they develop according to the needs of the market and the community will help them increase their prices but all are within such scope, long-term levels of value are difficult to achieve as new things are constantly popping up in crypto. Old coins are not under the pressure of growth because they already hold their niche, they don't need to compete, they just need to do their job well and in the end, the money from the new coin will flow back to them. |
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Is seem people are now beginning to realize the importance of Bitcoin in the society. Is going to be real good, if Tenants start paying rent with Bitcoin. With less stress and less charges when paying your rent with Bitcoin, is going to be awesome and also saves money.
With this great move, I believe crytocurrency can't easily be shutdown by the government, and also in the nearest time, Bitcoin be dominate the world.
- Well, if people really realize the importance of bitcoin, they should also realize that paying rent and using bitcoin for payments is too contemptuous of its potential, besides, they seem to be joking with the government, bitcoin is often a limited commodity that cannot be applied in such a way. While the simpler thing we can do is cash, minimize all risks and the value will be fixed every month, it is also easy for owners of the house and tenants to have fun with each other, instead of arguing over costs in bitcoin |
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I know a lot of people who bought coins at very high levels in 2018, including Bitcoin. Many of them did not believe in cryptocurrency, they came for quick earnings, but instead they suffered losses (in dollar terms). Considering that they need to save at least something, they sold their assets even before the start of the bull run. But there were also those who believed in bitcoin, those who held, and it was they who received the reward for their faith.
- This fact proves that not all holdings go foolish, mostly just the reasons and justifications of those who mistakenly handle their chances, I can even say this is a game that wins and loses based quite a bit on belief, the happiness that bitcoin has brought about is a very convincing example, too many new bosses have emerged in the footsteps of bitcoin. Unsuccessful holding occurs only when trust is lacking and its place is in the wrong place, holding is the result of the convergence of so many essences and visions, do not think too simply of this word |
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Yes in the first few hours many people were shocked, because they thought that Elon and Tesla would liquidate their bitcoin assets, but after they received information that it was only 10% and it was just to test the liquidation of bitcoin, it turned out to be good. This proves that Elon Musk and his team have the capability to control prices and the market quite well
Tesla's intention was to use Bitcoin as an alternative to fiat cash for the reserve funds. A lot of the analysts had criticized the move, saying that Bitcoin is way too volatile to be used for that purpose. But this time it worked well for Telsa and they have proven their critics wrong. I am still concerned about the tax implications from this transaction. They purchased the coins in January and sold them in April, which means that short term capital gains tax will be applicable on whatever profits they receive. - The critics of this issue are not completely wrong, maybe Tesla made a fair use of their money and investment plans this time, they scrutinized and turned bitcoin into a payment method but this is still under good market conditions and they are profitable, if the buy and fail story the result now is probably the laughs of the critics. Tax problems will probably start to emerge as you said, the actions of many organizations are too public, the evasion of the law is no longer visible, ordinary investors like us would probably welcome a new tax rule |
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I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
There is such an aphorism (I no longer remember who first expressed it) that in life there are no failures, failures, in life there are only lessons. And these lessons are an important part of the experience. It is impossible without this. The more you learn from the market, the more educated you are. And this is a specific education. Not what is given in college, but much more important. For example, losses provide an important lesson - they teach us not to lose. - Inspirational quote about the lesson we learn when we fail, it has been conveyed a lot in the past and extends to the present but to be honest, to understand the lesson, to understand the feelings of failure and to cope with it is always a different setting for each person, some people will take the failure lightly and immediately step back into the journey, some will cry and some will fall asleep in failure. Trading is a place of training and emotional uplifting too much, ignoring the image of the past to create the best version, that's probably a lesson. |
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For myself, I prefer airdrops and trading. the advantage of airdrop is that we are without capital, so we get a little bitcoin, so for new people, maybe following an airdrop is a good thing, because you don't have to worry about getting a loss.
but once they understand crypto maybe they can move on to trading and adjust their flow to get profit
- Perhaps you forgot the bounty campaigns, this is also a very viable place to make a profit without setting up some capital in advance but the prerequisite for each campaign is not low, need to equip everything carefully to get the best profit, airdrops are a smaller and similar form but have a low rate of return and often require private documents, which is quite difficult. The most advanced and stable still belongs to trading when the majority of members strongly recommend this job, smart and patient enough, our smiling age will be right now |
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no one can predict the future of the markets and therefore not even the value of the altcoins, eth at $ 100k in 10 years? theoretically it is possible but more realistically it is better to wait for the next important events on eth such as eip-1559 and the release of eth 2.0 to try to make more or less realistic predictions of its future value
I agree with this opinion. however, ethereum could hit a very high price in the future, especially if all its shortcomings are fixed. However, realistically, we should wait for it on a sustained basis, as for now, hoping that ethereum prices hit $ 5k is still better than thinking about whether ethereum prices can hit $ 100k. - Yes, regardless of future theories and calculations, realistic values and achievable short-term goals are still something of note, especially with a large altcoin like Ethereum, its image right now is crucial for the next milestones, only if it can maintain its steady influence and continue to direct investors' attention to it, $100k will be entirely possible. However, the sustainable basis that is most concerned by the community is probably still its transportation costs, the cost of converting tokens on the ethereum network is quite expensive |
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Yup that really makes sense in futures trading. It’s really essential for us to become knowledgeable in cryptocurrency trading. In futures trading, it’s considered gamble if you don’t know about the chart patterns but instead you go for the short or long option without any knowledge.
If we take our time at least a few minutes to an hour a day in learning about the basics of cryptocurrency trading like technical analysis, patterns, etc., for sure it would be a bit simpler for us to decide whether we go long or short, but still the risks are high. It’s important that we should learn how to manage our risks and finances properly, especially in crypto futures trading.
- Knowing more the charts and the basic form of futures trading, that will be the basis for confidence and think that we are safer than those who lack knowledge, accept a correct part in this ideal but the gambling element is still flashing a lot here because futures trading is a convergence of psychological manipulation and disruption, taking each other's assets. The setup process is based on only two forms of up and down prediction, a similar product with gambling but more advanced, more knowledge and more chart is still not difficult to win, gambling nature is too potential |
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The world is frustrated like me for this serious virus attack. The economy has fall down globally and the people are surviving still now and we don't know when the situation will be on controll. The main fact after that what will be the economy i can't think it right now cause the world still surviving a lot so hope the virus will finsh first.
- A real darkness is covering and hiding the economic future after the pandemic is over because Covid's damage statistics are still growing, India is perhaps the most dire country in recent days, the number of people in danger and death is reaching record levels, very worried that Covid is not over even when many governments have provided optimal treatment. Once again judged on economy, it is still a topic that is too early to discuss but we will not be able to smile at such numbers, this is the lives of so many people |
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for myself, I use both, so bitcoin is useful as a profit generator and gold is used for asset storage. why is gold used to store assets? yes because I believe gold has not decreased in price, but will increase even though slowly and gold in the future will still be needed
You are more progressive than most people in this forum to be honest because a lot will put everything in bitcoin, sure it will be good at first but you have to slowly diversify along the way so when you have a steady stream of income and one of them goes down, you don't have to worry because your portfolio is robust. To summarize, bitcoin is a good starter but you also have to consider other types of investment to diversify. - Considering diversification is when we have stabilized and maintained a good income in an area, for example in bitcoin, you have the knowledge and you become an excellent investor, the transfer of part of capital to gold will be an advantage for having new experiences but if you are not really sustainable in both areas, diversity is a waste because you don't know how to deal with underground rules and the raging waves the market creates. The plan has nothing to complain about but it also needs the qualifications of the participants |
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of course for now cryptocurrency is more valuable than gold, because the benefits gained from investing in crypto have multiplied and the process in my opinion is very fast even though the risk is very high compared to gold
so that's why the price of cryptocurrency is very fast when it goes up and down
- Some cryptos are actually worth more than gold but those are just some special individuals, if we underestimate gold from the point of view, it seems to be a subjective intuition to us. In addition, you also talk about the speed at which gold and crypto go up and down, the tendency for the speed of crypto to be too fast becomes a serious minus when we own several cryptos while the eternal lifespan and value of gold will reach a strong balance, there are so many types of comparisons and it is difficult to guarantee the validity of this matter |
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You are only wasting your time when you wanna try to convert your ADA for bitcoin. You can even imagine how much profit that you will get from your $100.
Bitcoin is always increasing from small to the small. You can get only 10% as the maximum gain on bitcoin and this takes a very long time to go.
Try to keep your ADA is the best thing right now.
Bitcoin is not so profitable for the small buyers.
- Agree, converting from ADA to bitcoin will not be perfect due to the inappropriate capitalization level and even if the capitalization conditions are full, our profits may not compensate for the sale of ADA in a stop loss state. Most especially, the dip phase is very sensitive to the value of bitcoin, it can drop very drastically when the market has always placed it as a barrier to prevent the residual wave and if we don't carefully convert, we lose even more while ADA is quite limited in dip, it seems to carry a stabilizing factor, which is quite reassuring that the recovery time will be fast and not risky. |
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For me, the safest strategy is to buy and hold. However, if you are looking for a safe strategy in cryptocurrency trading, sad to say that there's none. There are risks involved, in which you need to acknowledge it. Risk management is necessary, and we have to acknowledge it fully. Only invest and trade what we can afford to lose, because in reality, there is no perfect strategy in cryptocurrency trading. Even the pros are not perfect, as they are making mistakes in their decisions from time to time as well.
- Prediction is a subject of randomness and probability, this subject means that all problems can happen and cannot include absolute in it, so no matter what strategy we use, the rope associated with risk can never be cut, when we have entered this course, investors and traders can only accept this special feature and minimize risks by empirical and analytical methods. I do not focus on a certain strategy, flexibility is almost the criterion for me to receive a lot of security and avoid threats from the market. |
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The world has always been a greedy place. I just think the world got more miserable since bitcoin, although the access to internet popularized. That is why there are a lot of people looking for money online nowadays, seeking for earning opportunities that aren't disponible outside the virtual universe, on their physical places.
It's not a strange fact, however, as there are more than 7 billions of humans in this world so far, and increasing day by day. Where are these people going to get money for a living? Bitcoin and crypto in general look a promising alternative for many.
- You also don't need to put all the responsibility on bitcoin because if bitcoin does not fulfill this mission, another form of investment will do the same when the material needs of society are being raised while the annual salary is still low, an opportunity like bitcoin actually makes us greedier, plus spreading on the internet, the world is crazier for pouring their money into investing. Maybe in the investment process, there will be many tragedies, but many people also get many good things, such rare opportunities actually force us to be greedy to gain every bit of the benefits |
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now I would recommend buying ETH, since the transaction price has dropped, its growth will be 100%. I think x2 can really be done in 3-6 months.
- At ethereum's current promotional price, buying it will give us absolute gains in the future but the expected time for profit seems to be too long, if you can only double your capital within 6 months, that is still quite a waste of this resource. Rather than dedicating all resources to ethereum, I encourage more persistent swapping of objects based on market announcements and events, it could be CAKE, BNB, ADA, even some other altcoin, as long as these altcoins can glow, I wouldn't hesitate to split up a portion of the capitalization to shine with them |
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Why investment is only for the rich, even a rich person and a poor person can still invest.
If I say invest for themselves, anyone can do it. Taking courses or buying a book are also ways to open your mind.
There are a lot of wealthy people coming from scratch so we can invest now.
Totally agree. Many rich people started from none and now they become rich because they pursue life and they know how to make their money work for them. Investing is for any of us either rich or poor. If someone wants to succeed and become rich, people should start investing now. Bitcoin is a good investment. - Indeed, the important thing is to change our mindset in this story, not most people are born rich, a lot of the rich also start from the lower classes and work hard, continued effort and knowledge is the way for them to create properties today. Therefore, for negative attitudes and only think investment is only for the rich, that really only shows a weak will and despises our talent, we can be poor in property but never poor in will, the rich can invest a lot, we can still invest a little, the end result will be something we should focus on, instead of being too pessimistic. |
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Yes, that's another reason why it has gotten the attention through social media. A lot of people became engaged to cryptocurrencies because of those influencers and simple people that have found their way to earn and trade online with it.
But there's more to it because only the good and success stories have been shared and once a newbie starts trading, he/she will find the best and the worst experience upon learning it.
I guess it is much better that trading become more popular today than social media because it is much worth it to pay attention and to spend time with, it is a lifetime learning and it is a lifetime skills that everyone can be used to their life than spending whole day scrolling and roaming around everyone's life. Also the mere fact that the crisis we have faced today was really stressed us out, giving other people anxiety and mental disorder so learning trading somehow not that really easy to do but it could really help. - An economic perspective will make trading a worthy choice, but the ability of all members of society to absorb this problem is relatively low due to advertising around the society only focuses on crypto, not thoroughly exploiting the trading field, this concept has too little appeal making it not be of too much interest. The media stands out for being entertained after a stressful day at work and study, most of us prefer to spend our time having fun than studying, very few people have the ambition to make money and look to trading on social networks |
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Whenever I am playing poker I prefer to use a desktop computer or personal computer because it is more comfortable to use for me as it has a big screen in which you clearly sees the game that you are playing but when I am outside the house or if I am in a certain trip obviously I prefer to use phone or tablets as it is very to bring and very accessible whenever I want to play poker online.
- I also love using the computer for gambling but over time the updates of gambling sites are relatively heavy, my computer is also quite outdated and cannot be played very often and easily, most of the time I'm forced to play with the phone, it's a pretty boring. Luckily, it also made me reduce my gambling and focus more on other jobs but in general, online gambling is still not as interesting and emotional as real-life battles, but the government is quite strict in this regard. |
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In my opinion, it is impossible to happen, not a single digital currency is able to replace viat currency, so forget the things that are not possible.
If a digital currency replaces the viat currency, it requires a lot of support, both from the government and other institutions, meaning that it only takes a lot of time.
- A low chance, rather than completely impossible because the government seems to want to take a step further in technology, ideas that do not use fiat and cash are discussed quite a lot, you can refer to this topic through several news forums. The big weakness of this plan is that the government has not been able to make a transition completely and most convenient for users but as soon as the rules are agreed upon and accepted internationally, stablecoins dominating and replacing the old system will be easy in the future. |
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We are in our best form this year and that continues for now. Crashes and crashes are completely acceptable, there's a lot of fake information flooding the immersion process. The advantage in investment is catching up. If it continues to decline after today, I will have to consider it with caution. Sure, some burns can cause but I'm optimistic the market will bounce back strongly by the end of the week!
That is why we need to keep calm and never indulged into panicking because that it cause the market to even drop more. As we have all of these things, these market changes often to happen. The current market trend seems to be serious, Bitcoin price drops below $50k, I'm not so negative this but we can't stop people to sell their Bitcoin and crypto after seeing this. It is the common scenario that we witness for a very long time and that often to happen again and again. - Relatively serious and moving gradually towards the next lows in this red time, although I don't want to be too negative, but daily investment account checks are starting to put a lot of pressure on me, the loss statistics on the account are quite high, it's hard to calm down when looking at people who are worried and have lost their previous feelings of happiness. The normal time may not appear yet, there are too many people losing their assets, unable to contain the emotional outburst right now, deep day is always the scariest scenario for us |
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