Actually, I can’t understand Why would an intelligent person do such a thing! I think you are not aware about newly launched altcoin’s roadmap, most of the altcoins are live around one or two years, after reaching goal they are just collapse their market, So if anyone want to make profit by holding altcoins they should be hold worthy tokens and they should be sold within the stipulated time, Otherwise rest assured you will lose your capital.
Sometimes people do things that others called stupid. There are people who collect beer cans or cigarette packs it's really not that strange that someone collects tokens. If he doesn't spend a lot of money on them and just wants a big portfolio where each coin has its place - let him. To me it would be a waste of money. There aren't many stock collectors out there for the same reason but I'm not judging.
|
|
|
The young generation treats gold like antiques. It's not really a good conversation starter or a topic for a party chat.
Can you imagine 18 year olds talking about their investment in physical gold bars? Maybe some old farts talk about it during golf but young people talk computers, hacking, bitcoin, dark web, phones and gadgets, cars. They don't want to wait 20 years before their gold pumps enough.
|
|
|
For me holding was and still is the only plan.
I believe we can go much higher than 50 thousand so I'm not going to overreact when we begin a FOMO rally.
If you really need some fiat money and cannot wait choose a target and stay with it. For most people 2x or 3x would be great targets.
|
|
|
If only more people had that attitude.
For most people saying sorry is the most difficult thing in the world.
Even if he now makes much less money from it it will be clean and honestly earned money.
|
|
|
Not really bearish if you want to know my thoughts. In the recent months it went from below 9000 dollars to a steady level of 11000. Even after correction to 10000 it's still bullish.
In a bearish scenario it goes up and crashes to a new low. For it to be called bearish we would have to start from 9, go to 11 and drop back to 8.
|
|
|
As far as real estate goes you have to do market research in your own area. The market will not look alike in the UK, Australia or Japan. Some countries aren't safe places to invest like if you live in Belarus I'd be careful with buying anything.
What foreign exchange rates are you talking about? Probably the Dollar that suffered a big loss in March with the start of the pandemic. It's always like that when some big changes are expected in a country. It will go back up after the election. That is if we don't get a stock market crash in the meantime.
|
|
|
Xrp is my main Long term hold along with Ethereum .
Why? I'll say reduce the amount of XRP you hold . The supply is too much with the Devs & Team and whatever roadmap they said with xCurrent and Xrapid is yet to fulfill the purpose .
He made a big mistake of buying so much of this centralized shitcoin in the first place. Position on market cap that relies only on the potential not real value of all coins in circulation should not make you want to hold the coin. Always rely on utility and fundamental analysis not some promises of a CEO.
|
|
|
They probably forgot something Which exchanges are safe according to you?
Exchange is meant for what the name suggests. You deposit, exchange, withdraw. Most exchanges are safe if you want to do it. No exchanges are safe if you want to treat them like banks.
|
|
|
Precious metals should contain - 50% in gold - 35% in silver - 15% in copper
Man, when you have a lot of money you cant put it in silver. How much silver is $10 million? How you will drive that home? And where you will store it? Precious metals are Gold, Gold and Gold. You're commenting on his silver but this guy is recommending to keep 15% in copper. Say I have $100 thousand to invest so 15 thousand to put in copper? That's like 2.5 ton. Maybe he doesn't want physical copper but IMO only physical metals are worth the hustle. If you want metals on paper you can as well hold cash.
|
|
|
Welcome back. I don't really pay attention to the price but since you've showed up that can only mean that there's been a correction. Funny how you are mysteriously absent during all the bull runs. Trolls come out of the woodwork in troll season (bear market). He only comes back with another dose of negativity and disappears to charge the batteries when the corrections are over Of course I have to agree with the statement that Bitcoin reacts to the stocks. It does because many Bitcoin traders also trade on the stock market and or trade bitcoin futures. When they are scared of another corona bear market they sell everything.
|
|
|
1500 EUR is a pretty big sum of money for people in Belarus where minimum wage is around 150 USD a month.
I feel like Belarus is only one of many corrupt countries in the former Soviet Union. Russia and Ukraine are pretty much the same and sending money there won't change a thing. I feel like it's another struggle between corrupt communist government and the free market revolutionists supported by the West.
|
|
|
You can find many similar threads on this forum and on Reddit.
Most people will recomend having both because you can never know what will happen in the world. Maybe there's a war or an EMP attack on your country that will render all electronics useless. You may need to buy something but you won't have enough cash and you won't be able to access your bitcoins. In such case you will always have some gold.
It's an extreme scenario but I used it to show that in different situations different things can become life savers.
I don't have gold only cash and cryptocurrencies but I'm not saying you shouldn't buy it.
|
|
|
I like BItcoin, I'm happy that it was made the way it was. Who knows if it would get as much attention if it had been made any different.
I can't say that I'd be thrilled. What if Satoshi remaining here and working lead to something bad like him being attacked or abducted? There's a chance that Bitcoin wouldn't be so popular if Satoshi kept on working and developing it, even if it was a work towards more security and privacy.
Let's leave the things the wey they are.
|
|
|
Although people were probably trolling Peter and purposely voting against him, there can be a lot of such "kids" ready to buy Bitcoin out there.
This is something we underestimate but each year new young people grow up and get their first full time jobs. Their idea of saving is different from what their parents and grandparents had in mind. These young guys can be what Bitcoin needs to go to the next ATH.
|
|
|
now global finance is experiencing a crisis due to the corona pandemic and that is also having an impact on the crypto world. but it is not too impactful because crypto enthusiasts prefer to retain their assets
retain their assets?meaning still Holding? yeah some but many had already panicked that's why we fell down to $10k now though this is still higher than what we have in the mid of 2nd quarter. Kind of looks like the beginning of something. As usuall crypto follows the stocks down with more volatility. I've read some predictions that stocks are currently overbought and many traders expect a correction. If we get another wave of corona in Autumn this really might happen. So at least Crypto market did the correction first before the stocks?then we can see the impact in the following days or weeks i think. Or i miss the point?stocks and crypto both have same correction at the same time? They both begun to fall on September 2. You can see the dates at the bottom of the chart. That's why I think stocks were the main reason for Bitcoin's correction and if it continues Bitcoin might even go lower to the sypport at 8500 USD. If you google S&P 500 you'll see that it's more or less acting like Bitcoin and continues to fall. 1m chart looks like a textbook correction on both indexes.
|
|
|
You could pay your employees directly to their bitcoin wallets but you're still going to pay their taxes and insurrance with fiat money like you'd normally would. You don't have to worry about them and how they do their taxes. It's not your job to make sure they are abiding the law. The method of paying employees in cryptocurrency can be unpleasant on the government
The government often makes things unpleasant for us so it's a bit like breaking even
|
|
|
Best practices in this scenario? Practical suggestions? Hints, tips, and pitfall warnings? What would YOU do to best protect this Bitcoin?
I would buy 2 ledger nano. Recover the seed in electrum wallet (the old private keys) and send them instantly to my new wallets in ledger nano (10.5 btc to each). I would keep both seeds saved in a separate place. The best is to buy a hardware wallet. Do no bothering making a offline wallet, offline computer and all that shit. Too many risks for a too high amount of money. Just pay a few USD in those HW wallet and let the professionals handle its security. I would do the same although I wouldn't call offline computer risky. It's not hard to do when you have some experience with computers in general. Using a hardware wallet is more noob friendly because they guyide you by the hend what to do and how. Just to remind you that ransomware that encrypts files was found to be causing problems with hardware wallets by blocking your ability to access them on the compromised machine.
|
|
|
Personally, I think projects like "SUSHI" don't have real use cases and real utilities. Traders only buy because of hype and instant profit, after the market collapse there are no fundamentals that are able to sustain the price which eventually drops like hell.
99% of all altcoins don't have any utilities and use cases. It's time to wake up. On one hand I feel like it's not the exchange's fault that the coin team pulled an exit scam. Sometimes you strike a deal with a company and they bail on you. People are different some can be trusted and some can't. On the other hand they should put more effort into screening these tokens or they'll become another shitcoin exchange like yobit.
|
|
|
The case of Terrance Watanabe is very interesting. He used to gamble all the time and act like an asshole to the casino staff, but they kept being polite to him and allowing him to do all he wanted as long as he paid for it. When he lost all his money he sued them for not stopping him and allowing him to gamble on credit.
I know they took advantage of his addiction but he acted like a child who can't accept the reality. He played around with the big boys, got hurt and went to tell mommy on them.
|
|
|
|