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It has been said a thousand times in this forum. If you want to avoid fraudulent projects then you should conduct a proper research. Research is the key on all of the things that we have a problem facing on. If you will do research then you will discover different information that you may use as a basis in decision making if you are going to push your interest in a certain project.
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It's not wrong to hope for the price to recover, no?
But I have too many shitcoins on my bag already, so, I couldn't careless more than now to be honest.
I just take it a as very long term investment, better than crying over it. At fist I was always having thoughts about these coins, now not anymore.
If you are losing in investing then it is your fault because you bought too many shitcoins. If you are going to be investing for long term holding then you should not buy shitcoins because they are only good for traders who want to buy them low and sell them high for a quick profit and not a long term investment since they don't have any value in the market. |
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Facebook's cryptocurrency stable coin will go nowhere. They will shutdown their Libra cryptocurrency project because the government are against to it because it is unnecessary for the people around the world to use another digital currency because there is paypal and other mode of payment that they could use for their online transactions.
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This is a good idea for the developers to submit their identification documents first before they request a KYC in their project because it will help the investors to gain confidence and continue their plan to invest. It is best if they will also get regulated by the government so we can really have an assurance that we are dealing with real project.
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I think the bank and a government will make their own coins because I think by creating a new coin can provide convenience for the people when they want to make a payment because it will certainly be easier and more efficient.
That will become their goal for creating their own cryptocurrency. Banks and the governments will do their best to outperform the current cryptocurrency trends because they are seeing good demand from the people and they don't want to see their people transferring from being fiat currency depended into decentralized cryptocurrency. |
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in my opinion there are many factors that cause underdeveloped countries to experience inflation. and in my opinion the main factors that cause underdeveloped countries to experience inflation are unstable political and economic conditions and many acts of corruption. if a country's politics are unstable, foreign investors will be afraid to invest in their countries. and this will make the country's economy worse and ultimately cause inflation with the fall of the national currency.
Inflation is normal and even the developed countries are experiencing inflation. The people in every countries should get educated about the inflation because it is normal and they should prepare to face it and don't let their money sit inside their bank account because it will only eat their fiat currency alive. They should do investment that the annual interest is above the inflation rate so they can survive from inflation and slowly grow their money. |
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I think your looking at this in a wrong method, I wouldn't argue that Bitcoin freelancing is dead as a whole, but instead freelancing as a whole has been going downhill ever since everything has become a lot more professional.
The only companies that ever really hired freelancers are the new startups that would like to save a couple of bucks and go with a design/marketing/development agency, or a regular person who can't afford that much.
With the industry becoming a lot more professional and less start up and crypto start ups that are popping up, we are obviously going to see the market shrink.
The reason is simple - bitcoin is very volatile. For example, you agreed with the employer on 0.2 bitcoin. And the next day he fell 2 times. Freelancers do not want to work because of this risk. Therefore, many go to bounty and airdrops from other projects Agree with you, my friends are also doing Bitcoin freelancing and up to this date, they are still here in cryptocurrency, doing some job, they even have some offer too, but they refuse to accept some as they are already loaded with what they are doing, so I doubt that freelancing is already dead, it's not true. Freelancing will not become dead even after 10 years. Freelancing is one of the most underrated type of job because some of the people are skeptical with freelancing since they think that the salary is not stable and it is not like the regular job but they are wrong because you could possibly earn more in freelancing compare to other jobs because you are so flexible with your time and you can accept as much as client you want. |
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It seems normal like that. With large capital automatically the opportunity to get big results is more wide open. Instead of just relying on small capital and hoping for a little luck to be able to get big results. It takes a lot of patience to get results and must be willing to go through the process.
My own position is only a small capital, so I just enjoy the process of my trip.
yes trading with large capital is always fruitful and returns a good profit but only in that case if one know all the strategies of trading and could handle all the difficult situation, trading with large capital needs a lot of patience because the ups and downs of market sometimes forces the traders to take wrong decision that is why controlling emotions is very important, along with that trading with large capital needs very alert traders to keep an eye on the market all the time to decide the good time of selling. not always with big capital will get big results too if the case is you just buy randomly without knowing the potential that exists, so the conclusion is that even if you only start with small capital but you can get a good project with a large potential, then at least with small capital you still have a chance to get big results too. we don't need to assume that those who get big returns start with big capital or it can only be done by rich people, because skills and experience will produce good results in the end Big capital not always give us big profit because depend on how to manage investment way, many investor have much money for investing but do not know how to get profit with bitcoin and altcoin, they have lost all money without get profit because choose and buy incorrect altcoin or they have lost opportunity with investing correct time. Big capital should have good diversification, you cannot all in your capital especially in trading. You can easily lose your capital if you do not have good portfolio diversification and good management of your capital. That is right. We should have a good portfolio strategy, we should not invest in one basket or investment because it is not advisable and like the other people said, a multi-millionaire has 7 streams of income so based on that, we should have multiple streams of income because it is safer and less risk in terms of growing our capital into a bigger amount. |
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It looks like more and more outlets are accepting bitcoin: https://cointelegraph.com/news/where-to-spend-bitcoin-a-global-overview-from-ljubljana-to-zurichAs of late October 2019, 15,558 business venues worldwide were accepting Bitcoin (BTC) as a method of payment, up 18% from a year earlier, according to Coinmap.org. The problem is, unless bitcoiners actually use bitcoin to spend in these places, they'll just disable the payment function. It's very much use it or lose it - but this community is more focused on speculation than on making it profitable for retailers to accept payment with bitcoin. Exactly! There are enough merchants who accepts Bitcoin and many more might join too in future. But are we willing to spend Bitcoin on day to day transactions? Probably not. Bitcoin act as store of value which is more prominent than it being a currency. We have fiat which will eventually get devalue for our everyday transaction. Then why to even use BTC? This restricts its use as a currency. I agree. It is good to use bitcoin as a mode of payment occasionally but if we will use it on a daily basis then it is not recommended because the fees that you will pay when you are using bitcoin is almost the same of the price of one coffee so it is not that practical and it is still best to use our traditional currency because they cost less in overall process. |
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Scam projects are one of the reasons of why people that interested on crypto currency investment are keep on diminishing because some of them are now hesitant and afraid to join the investment. Hopefully the government could strengthen the existing regulations to ensure that scam projects could not easily penetrate the crypto market anymore.
Even without the help of the government in terms of regulating the cryptocurrency market, it is still possible for the scam projects to get prevented in penetrating the cryptocurrency market. The potential investors are responsible in managing their investment and they should not trust the projects that just looks good and they should do a solid background research about the project before they invest so they will be educated enough in investment. |
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Regulations from the Chinese government have indeed made the Bearish market situation into a Bullish situation so make some Altcoin experience an increase. But I don't think with regulations they can fully become the Altcoin season. Altcoin season has not happened in my opinion.
I don't think that it is because of the chinese government who issued regulations. Bearish market is made because of the lose of the interest of the people because of the market performance. As you can see, we are now into uptrend movement again as the price of bitcoin move backs up to more than 9,000 USD. Altcoin season is not there yet but it is a good opportunity for us to continuously accumulate more good altcoins so we can have a lot of profit later. |
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investment has the risk that everyone wants to get a return on investment, but that's where we need targets and strategies to make a profit in investing, for me long-term or short-term investment is not important, the most important thing is to get a profit from the investment
I agree with that. Investing is always about the profit. Before you invest some of your money, you need to make sure that you have plans to follow and you know on what price or how much profit is your quota so when the price reaches that, then that is you signal that you need to let go of that investment and move to your next investment. |
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I sold most of my altcoins with a small loss but compensated with a profit from other coins. But so far there are many altcoins left in my portfolio that have stopped moving forward. I hope that someday they will resume their activity or someone will buy their smart contract.
the way you do it is good because it converts on coins that do not have a good volume. and if you have several tokens that don't have volume I think forget it because it will be difficult for them to rebuild and compete in the market. maybe just a few times to check, but don't expect more for coins like that It's okay, let us just take it as a lesson learned, I have been depressed too, I earned $20k from a token I am holding but thinking it will be $100k then it dumped and never returned, so the price now is only $2k, this was the biggest lesson in my life, I have move on so far and told myself not to expect much of it. You should not rely on your emotions and you do some evaluation about the token or the project that you have joined. You should always keep up on updates so you will not miss any opportunity or any news that may affect the price. Don't be lazy and just sit back because it is all about paying attention and having patience in terms of investing and holding. Better luck next time. |
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This is the habit of the newbies or the people who are greedy to make their money grow faster than other investment vehicle. Those type of people are the ones who let their emotions eat their critical thinking in terms of decision making and at the end of the day, they lose their hard earned money because of their greediness. It is a must to do research or study what the investment is about so you can really see if the investment is worth it to pursue or not.
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It's no secret that many governments and central banks worldwide have paid close attention to the development of Blockchain technology. The same promises to provide lower costs and greater efficiency than traditional systems. Bitcoin's success proves that Blockchain is extremely ideal for finance. Once governments start rolling in their own digital currencies, people could see a reduction in payment processor fees like never before. Not to mention, transactions will become blazing fast within a matter of seconds instead of days. Which is why, it makes me wonder if the adoption of Blockchain technology for our current monetary system will trigger a massive boost in our economy? After all, Blockchain provides many benefits that are too hard to ignore for central banks and governments worldwide. Everything will be much cheaper and efficient than it used to be with the traditional monetary system of physical Fiat. What are your thoughts?  This is undeniable, one of the reasons why lots of economies per country are through a recession is because of the loss they are suffering through counterfeits. Counterfeits are sometimes being caused by those who are already inside the government doing an inside job for their own interests or by other external culprits. If blockchain start to get in the way be used to avoid counterfeits because of the technology it provides, the economy could boost up for they can keep all the money worth over millions that they are losing annually. Yes. The blockchain technology could solve that counterfeit because the blockchain technology has its transparent system where people can check anytime to verify if the officials of the government are doing their job and to know if they are stealing something or not. I am a fan of blockchain technology since I discovered it and I hope that in the next few years, all major countries will migrate into blockchain system. |
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This is what we are waiting for, the big boys are now recognizing and trying to get into the blockchain technology revolution and this is a good news for the end and for the start of next year because we can expect that there will be more blockchain technology related projects that are created by the chinese government since they are now a fan of this kind of technology.
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Fiat is worthless simply because of the inflation. Inflation eats up the value of a fiat currency which makes it worthless and useless in the future if you will do anything to preserve and grow its value. Investing is one of the things that a person could do in order to counter the inflation and to preserve his wealth.
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I think only people who can not control their patience and people who are very easily influenced by something new that makes spending bitcoin owned when prices fall while bitcoin can potentially increase prices.
People with lack of patience and not risk taker is prone to a massive loss of their assets, in times like theses they will spend their bitcoins because of a sudden dips and dumps, they didnt know what are the worth of this risk, dont spend now! We may see bitcoin awhile ago pump its price ,maybe not now bitcoin will be at an uncertain price but who knows it will go to moon few months from now. We cant blame people for their decision if they will spend for a reason or not, they will just learn if they will experience seeing the pump without holding something in their wallet, even thought we did not know when the pump will happen we should be ready by holding even a little. In that case, it is best for the people who bought bitcoin to have another savings for their expenses so they will not have any problem in keeping their bitcoin for long term holding. Bitcoin is an awesome asset that we should not waste so it is best to have another set of budget and monitor our expenses to clearly see if we are following our plan according to our goal. |
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WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly
And They are stable.
If you are to use stable coins then why not just use fiat currency at least they are the real one not like these stable coin that pretends to be a USD or any fiat currency. Who needs stable coins anyway, at least with Bitcoins you have an opportunity to profit. Losing and gaining depends on your skill on gathering information and prediction. true, we are looking for profits from bitcoin prices that go up and down if we buy stable coins for what because stable coins prices will remain and not change so how do we get profit from stable coins Stable coins are just useful when you are actively trading cryptocurrencies because that is where you will stay when the market is not doing well because you want stability and you don't want to lose money due to volatility. But in overall, cryptocurrencies are much better than stable coins because of the things that it has that the stable coins don't have. |
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don't rely on gift tokens because that will only bore you and not to mention you have to wait for them to be listed on the exchange or at least until they have a sale price to make up for your hard work.
I suggest balancing your time with other things you can do in this market and I think there are many ways to make a profit besides a prize campaign. I say this because I also feel bored with them and what I produce from gift tokens does not produce sweet fruit.
at this time I balance with trading, how about you?
There are no alternatives to bounty companies. Trading is not for everyone and most lose money rather than earn. That is the challenge in trading, you should commit in trading if you like to be part of the 1% earning in trading. Trading skills are high income skill because once you master the art of trading then you will have a limitless opportunities to earn money through trading, whether it is stock market, forex or cryptocurrency. |
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