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Dogecoin is not a worth it investment because it doesn't serve anything except that it is a meme coin. It is worth it in terms of trading it in an exchange to grow your money or bitcoin. If you want to have a serious investment then look for the top cryptocurrencies in the market and conduct a research first to verify if they are really worth it.
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If you are believer of Binance and you really want to invest in it then go ahead and invest in BNB right now. You can do dollar cost averaging which will help you to even out the prices that you will buy either every week, month or quarterly, it depends on your own preferences. It is about consistency and having faith on your chosen investment.
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Telegram communities or any opinions from different online communities should not be a solid basis for investing. Investing is all about doing research and clarifying all of the things before you put your hard earned money into something. If you are only basing on the opinions or suggestion of other people then definitely in the near future, you will be screwed up.
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IMO, legal companies that conduct business development through cryptocurrency still pay their taxes. even like binance, I think they will still pay taxes, because all the revenue they get will still be seen by the local government. so, the development of cryptocurrency will certainly benefit the government, it's just that the challenge is fluctual prices and also a big risk.
The government will not be harmed of any fluctuations as they are ensure to receive taxes from legit companies that involve with cryptos. It's a good help for the economy as they will continue gaining, the very reason that many countries are now seeing the potentials of this industry. If more adoptions and company that will embrace and adopt the market then more taxes will be provided to the government. The only threat that governments have from bitcoin and other decentralized currencies is the loss of power and control over money. People who are holding these coins can definitely be not controlled by legal authorities. Their assets cannot be tracked or recorded. This also affects the tax system. The fluctuations have nothing harmful in them. They are required in order to get some profits from digital coins. I don't think that the tax system will change because of the cryptocurrency because even though cryptocurrencies are decentralized, they still need to follow the rules and regulation of a certain country. Some of the countries that I know are already implementing taxation in cryptocurrency so they can also get benefits from this growing market. |
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Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made I would love to know your thoughts about where we are going and how you think the landscape will change. if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls Partially yes, a lot of money can make the price more stable for cryptocurrencies. But where get these all money? The most controversial thing that people don't want to invest in cryptocurrencies by high volatility and fix this volatility could a lot of people with a lot of money  A lot of people join with crypto to be faster rich person, they think bitcoin and altcoin are the best way how to get much profit in short time, maybe many people lucky by choosing an altcoin and get much profit, when you make mistake with get bad coin you have waiting more than one year for getting back your investing and stop for dreaming much profit. And that is wrong thinking. Bitcoin and altcoins are not the way to get rich over night and as soon as some realise that they end up deeply disappointed. If you are smart and experienced trader and investor you can make decent profit over reasonable period of time but it's not likely that you will become rich. Dealing with Bitcoin you are exposed to risk all the time and occassionaly you will make some mistakes too, so that should you count on. I agree with that. Cryptocurrency are also like the stocks in the stock market that you need to be patient on because it will take a lot of time before you can declare that you are a successful cryptocurrency trader or investor. It takes patience and determination before you get what you want but even though it will take a lot of time, you should enjoy the journey because you will learn a lot of things. |
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Bitcoin will stay where it is even with or without global economic crash. Bitcoin is not driven and influenced by the economic progress of our world because it only relies on the basic law of demand and supply. As people will invest more in bitcoin then the price will go up and it will continue to have a progress throughout the years.
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They think that the bitcoin would increase an unstapable of increasing but they did not know that if it reach into high value of money, there are a lot of people who sell their coin as their profit and it cause of the price go down in year 2018 and until now we can't see its growing value like before.
It is due to their high expectations. Actually, all of us do have high expectations, but being greedy driven to missed chances as selling at ATH. They expected that bitcoin will continue to increase without knowing that there are chances that its price will drop anytime once the correction in price will happen or many investors will sell their investment once they are satisfied with the profit they earn. That is their fault and the best thing that they could do is to analyze themselves and look for the lesson that their mistake brought them and implement those lessons to themselves. We should not also have a high expectation because sometimes too much expectation only leads to disappointment. Just set an achievable goal and stick with that. |
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When there is a new project, they always make their project appealing to other people, especially to the potential investors. They try to join into different networking event in order to spread their idea and attract investors. You should do the same, if you are planning to find some investors, make sure that your project is a solution for a certain problem so you will not have any problem in terms of selling your idea to other people.
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It is true that there is no need to wait for the altcoin season if you are a bounty hunter because you can earn money whether it is bearish or bullish market because there is always an opportunity around the cryptocurrency community that you can grab to earn tokens or coins as a salary and sell it in exchange of bitcoin or any altcoin that you prefer.
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No trading volume means that there is no demand for that coin. In this case, it shows that investors have no interest in that coin at this stage. But i don't think that means that that coin is completely dead. Because what matters here is whether the project continues to evolve or not. If the project continues to improve itself, investors can choose that coin in the future.
But don't you think why investors are no longer interested in these coins? I'm sure there must be a problem in the development they are doing. They should continue to grow from day to day, if their development has stopped then we can say that they are dead, right? The only thing that we can base our judgement if the coin is dead or not is to look for the trading activities in the exchanges that they are listed. If there is no trading activity then it is simply means that the people who used to buy and invest are not interested anymore so therefore it is a dead coin. Only pay attention to the cryptocurrencies that have trading activities because it is an easy sign to verify if the coin is still active or not. |
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altcoin which is already registered in a large market and has a good price development., it is one of the altcoins that are used / chosen by many investors. and important for you if you are interested in altcoin investment then you need to consider and buy alcoin at the top of the list in the market. but my advice if you have big money, prioritize to buy BTC and some to buy top altcoin.
There are other aspects like trading volume, exchanges it's been listed as well as liquidity which we need to consider before going for altcoin apart from the overall projects because regardless of features and development team an altcoin can die if it's listed on shifty exchanges without proper liquidity. I agree with you. It is a huge factor to see if where it is listed before we consider it as a buy option because as much as possible, we should buy cryptocurrencies or altcoins that are listed in a big exchange with great reputation so there is a huge chance for that certain altcoin to grow since traders and investors will trust that coin just because it is listed in a big exchange. |
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In my opinion, it will be a flop because we already have stable coins in the market. The government will not let it pass to their system because the government doesn't want to have a competitor in terms of centralization so I think that facebook's globalcoin will have a hard time and as their partners are backing out then the foundation of facebook's globalcoin will collapse and it will eventually become a flop.
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This is basic economics. When there is too much supply and the demand is very low then the price will plunge. The stellar team realized that and they made a move to burned half of its supply and as they able to maintain the demand for their cryptocurrency, the price spikes up because people know that burning half of its supply is a good news and it increases the demand and resulted into price growth.
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If to prevent fraud is very difficult in the internet world because they are everywhere, so most fraudsters take the opportunity in cryptocurrency trying to be embraced from any aspect, if this cannot be prevented and rampant one day it will be a problem for crypto, we should at least have to thorough and more careful so as to avoid existing fraud
It can be prevented by ourselves. We just need to be educated enough in order to identify if something is a scam/fraud or not. Scammers gets smarter almost every time so it is best for us to not stop learning about the characteristics of a scam and the scammer. Scams are normal in our life and it is only up to us if we will let other people scam us. |
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No one would have anticipated it'll grow this huge. I remember there was an early user that used BTC to buy pizza. As late as 5 years ago people were still skeptical. Of course more people know about it now after 2017 ATH so I doubt we'll ever get back to $500 without heavy manipulation.
Bitcoin would probably stay at above $3,000 for the next years in the cryptocurrency market. I am the one who is also skeptical a few years back because I think that bitcoin is just a stupid idea and it is useless but after doing research and investing time to learn the basics and fundamentals of bitcoin and its technology, I was amazed and started to slowly invest in bitcoin. I am satisfied with my actions and from the results of my investment. |
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If I had this money I would split into 3 parts, the first would be 50% invested in btc, the second with 25% I would invest in altcoins and the rest I would buy stocks.
If I were you, I will go all in into cryptocurrency. I didn't say that stocks are not good, they are a good option for people who want to have an average investment but if you want to fully take advantage of the rising market of cryptocurrency then you should go and split your 100% capital into 50% bitcoin and 50% altcoin and 0% stocks because cryptocurrency is not yet mature so there is a huge potential in it. Investing in serious businesses may be the best option for long term gain. So I always recommend that whenever you invest in something dangerous, leave some of the money in something safer. Investing in serious businesses not only with bitcoin or altcoin but also you try for investing with real business in your life, not always have depend you investment with bitcoin and altcoin if you can looking other chance to get profit with real product investing, you can make new real business and open working for many people. diversity our portofolio will help us having several income sources.it will be very usefull when our Investment in cryptocurrency or other portofolio give us bad return.real business could give consistant income if we could planned and run it well.this is that could not got from finance Investment that usually has long term Investment type.need more than 6 months to get good return. It is all about risk management and own strategy to win in life and build wealth. It doesn't matter if what type of investment will you do because as long as you know that it is worth it and effective then there is no need to adjust to fit what other people's think the best for us. Just don't stop learning and try to learn different sources of income and investment so you will be literate in building wealth. |
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Discussion about Blockchain and Banks last for years. In my opinion, Banks will adopt Blockchain, in one way or another it's inevitable. Blockchain as a technology is the revolution, it's faster and more secure than anything else.
The future is being shaped today! Big ones are making their own chains, others will try to make their own, or they will join someone bigger. Like in many other examples trough the history, some will adopt, some will not be able to adopt.
It is indeed inevitable. Blockchain technology is slowly showing its worth in the world of technologies. Some of the big companies are now starting to learn how to implement blockchain technology into their system for some improvements. Soon, the banks will do the same because it will help them to make their system more secure and much better than before. |
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I won't use FB's Libra because first of all, I am not a fan of centralized type of cryptocurrency and second is, I don't shop a lot online or do spend money online because most of the time, I focuses in making money online compare to spending. I want to make more money through trading, investing into decentralized and true cryptocurrency rather than paying attention to facebook's stable coin.
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One way to cover losses is that you have to switch to some altcoins that are too focused on just one altcoin, because by trading one altcoin will not cover your losses, remember not to buy altcoin to die and be patient not to do it too quickly hurry up can throw your losses increase
When you are trading, you should not have a mindset of being patient and holding it until the end because that is not trading, that is simply investing. When you are a trader you should have 3-5 altcoins that you are watching so it will be easy for you to monitor their movement and it will also be easy for you to open position and make profit. If you experienced losses, just move on and get the lesson from that and use it to level yourself up. |
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Today Bitcoin has begun to rise again, and the prediction of the end of this month Bitcoin price rises to $10,000. When the price of $7,000 yesterday was perfect for purchase. But if you're playing a long-term investment, the price is now good to buy.
When you are going for long term, the price doesn't matter because you know that there is still a potential for the asset that you are investing in and you will be holding that for long years. It is about discipline and patience that you need to focus on because once you bought your investment then you gotta act and prove that it is a long term investment. |
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