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Bitcoin is definitely good for the economy because it can help people who doesn't have any source of income that it can now help the country to reduce unemployed people. Bitcoin can also help and save our financial system from collapsing, and I think it is already proven this year of 2020 due to the pandemic of coronavirus where all the stocks and banking system are struggling.
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It would be difficult to unfreeze your bank account if they already settle that it is related in a cyber crime because some says banks do hate cryptocurrencies. So it might be the reason why your bank account was blocked because they assume cryptocurrency is always being used in illegal activities like scams and frauds. It is also the reason why I didn't use my bank accounts in any crypto related activity because maybe my bank account will be blocked.
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First of all, this advice is for all chores - no matter what realm we go to work in, we need to be patient. Traders should interpret and understand everything in detail. Another gadget is to have the mindset to adapt to all kinds of situations. Only then will achievement come at work.
It will take time to adjust for the market because in the beginning, every person will look out for fast profit and in the end they might loose money, he need to experience in all type of situations and it will help them to find the best possible coins to reach their target, in trading, waiting for certain period will always help them to get huge profits. Indeed. You shouldn't hurry yourself to earn huge profit everyday in trading because it will only harm you that you will only lose your profits. So to avoid that, you should have patience to wait for the right time or to reach your target in trading that will definitely give you good profits or a successful trade. |
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I prefer long term hold but for a good project , like holding , BCH ,ETH , BTC, LTC and other serious coins and token. This is because to me day trading takes time and good analysis. if you are not good in analyzing the market yet you enter day trading you make end up losing all your funds that is my opinion.
I also prefer long-term hold because if the project or a coin is promising enough it could give you a good profit in the future like Bitcoin, Ethereum and other top cryptocurrencies in the market. Unlike day trading it is more risky rather than long-term holding, especially if you are an inexperienced trader that you have a difficulty analyzing the market charts, and you will only end up losing your funds. |
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I believe bitcoin might stay its price between $11,000-$15,000 by the end of the year of 2020 because have already made a lot of ups and downs last year. So I think this would be the year that will help bitcoin to reach $20,000 again by next year of 2021. Even bitcoin's price would fall again to $9,000 before the end year, I think it would go back to the range of $10,000 easily.
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No kind of viruses will enter on your device if you do not make anything to your devices because this cannot move at its own still it need to have a user to make an activity. These are just simple things to avoid a suspicious virus comes to your device. - 1. Avoid clicking suspicious links.
- 2. Avoid visiting an untrusted website.
- 3. Stop sharing your information online.
- 4. Avoid sharing devices.
- 5. Avoid connecting to public Wifi.
- 6. Use Virtual Private Network (VPN)
Also if you want to keep your device safe if there is a virus connected to your offices especially viruses avoid getting connected on those networks. Indeed. If everyone will just simply follow all of these guidelines, they only have a less chance to receive a malware or any virus for them not to get hacked in their devices. But the common reason how people get hack is by just clicking suspicious links and visiting untrusted websites because they always get curious and amuse from the click baits that sometimes pops up. |
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Scammers are everywhere in the crypto space. But in my opinion, scammers is the biggest problem in crypto because if you are not ignorant that you always take research before you invest your money you won't get scam, and if you are not greedy that you don't always looking an easy way to earn you won't get scammed. So I think the biggest crypto problem that we might face is hacking of our crypto wallets because it would be a much larger money that we will lose if we get hacked.
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From my point of view, if you are making an essay about bitcoin. You can start from making an introduction about how and why bitcoin was created with blockchain technology because here they will know the purpose and uses of bitcoin. After that, you can tell about the risk or advantage and disadvantage of bitcoin because here they will realized if buying bitcoin would be worth it in the long term.
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I've been reading through this forums for the past few weeks and all I see is "this coin is dead" or "everything is a shit coin". Is there any alt coin with potential to invest in or is it only bitcoin?
There are other altcoins that are worth it to invest your money, besides buying bitcoin such as ETH, XRP, BNB, BCH, LTC, etc because they are the top altcoins in the market that a lot of investors put a trust on these top coins. There are also some people who still buys and make profit in shitcoins, I know it is hard to believe, but it's true that someone have already double their profit from shitcoins. |
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Ignorance kills the zeal of learning, making users and many newbies thinking ways of earning quick, ignorance is the source of failure, and sometimes resulting to being scammed, duped because earning quik is major priority agenda. Greediness is also factor of getting scam and having loss in crypto markets somehow related to ignorance.
I think ignorance is not the main reason why people get scam or hack because greed is the main reason why they get easily scammed that all they think is to earn money easily, which there is no such thing that earning money would be easy. Even there are scam projects that are too good to believe, they still fall into it that they don't think the consequences before they engage in scam projects or other illegal schemes. |
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I agree to invest in life insurance using cryptocurrency now as technology advances because it can help brighten our future no one can say when the crypto market will not be stable but life insurance for a certain period of time will help us increase the amount of money. However before insuring in these companies, you have to check it well the role of insurance is important to meet daily needs.
From my point of view, investing in your life insurance using cryptocurrency can be helpful to your family for them not to have any problems financially when you die. But you still need to assure that project is legitimate before investing in life insurance because it will be a waste of money if they will not provide the insurance after you die. |
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It depends to the person on when will be the best time for him to invest his money in cryptocurrency because currently I could say that the market is now on the bulltrend because every coin, especially bitcoin are increasing its price. It is why it is much better for investors to decide if they will invest their money or not.
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As we move more and more of our lives online then expect the hacks to increase, and while we cannot help everyone at least we need to learn how to protect ourselves and to be honest it is not as difficult as you may believe, it is just that most people do not want to take responsibility for their security, and this creates a weak link that hackers are too happy to exploit as much as they can, as long as you install a secure OS and do not install any suspicious software in your computer you will be fine for the most part.
People wont learn if they wont experience such disaster and when the time that they do experience it then they will surely be mindful on next time cases. Its always been fault or towards human error this is why hacking do exist because people arent really that serious on setting things up to secure out their assets even the features needed are already integrated. Ex. 2fa. This had been a common feature but still people do neglect out on using it. It is not really necessary to go through a scam or hack to take your online security seriously, as they say it is better to prevent than to cure, especially in this market because once you lose your coins there is no way to get them back, and I do not like the idea of a scammer enjoying my coins that have taken me so much time and effort to get while they just take advantage of my ignorance, I prefer to take the necessary steps to ensure the security of my coins and never lose them than to take the easy way out and lose them. There are no such technology is perfect when it comes to security because no system is safe from hackers. You are right. Prevention is better than cure that you need to learn how to take care of your coins or funds away from hackers because we don't want them enjoying our funds that we put a lot of time and effort just to give them away. It is why we need to be aware and becareful on the sites we visit and the devices we use. |
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I'm quite surprised with the amount of profiles hacked in this attempt. The users who got tempted are probably the ones who were greedy enough to get their money doubled (in short, get rich quick) overnight and didn't give it a thought that it could be a scam. This shows that when (even) something like Twitter and can get hacked, how can we point fingers towards exchanges who give us top-notch security for our funds but still get hacked some day?
This because of lack of education and too much trust being set in the mind from the hearsay that cryptocurrency is one a fast and easy money to invest with. Here comes the scammer and open this investment scam then there many of them will fall for this trap. Besides we are global so expected our numbers here would be great and since there is a lack of education then this is the problem now that many will be scam. It would be better to educate first the newcomers rather than just letting them roam around here and become a victim. I guess many are going to volunteer because it could be a mean of getting merits on their part. From my point of view, sometimes lack of education or don't have enough knowledge in cryptocurrency is not the main reasom why they get scammed or get tricked because it is mostly due to their greed that they don't listen on other people's advices. All they think is earning money in an easy way that there is no such thing because for you to get rich and have a successful life is to work hard and face every consequences or challenges in your life. |
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Hackers do have the guts to steal a huge amount of bitcoins, even their addresses are publicly broadcasted and permanently stored in the bitcoin network because they have their ways for them to be difficult to trace. Rumors says they used a bitcoin mixer to mix their coins with different users to preserve or hide their identities. It is why we don't have a chance to fight back or retrieve our funds once we get hacked by hackers.
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There are many ways to win in gambling that it depends on every rules of the games. But gambling is mostly based on luck or chances that it will be difficult for you to win in gambling if you feel unlucky because even you used every kind of strategy in gambling, it doesn't mean it will always work in your every bet.
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From my point of view, there should be an age limit for gambling because if a person or a child learns how to gamble in a young age, they will inherit the negative attitude of a gambler that they will have mental problems such as mood disorders, depression, and anxiety due to addiction in gambling.
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Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?
Picking a good name for their coin or a project might be necessary because it could be used as a description or a marketing strategy for more investors would be attracted or interested in their project. It is why they should be picking a name that are unique or sounds interesting, so that a lot of people would remember it like Bitcoin. |
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A lot of newbies would really fall for that kind of introduction because it is too good to be true that you could earn free 0.06 btc and with a minimum withdrawal amount of 0.0003 btc. This kind of scams are commonly found on social media sites such as facebook, twitter, instagram, and telegram, that is why we should be careful and help other newbies who are new in bitcoin for them not to get scam.
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If the positive trend continues, achieving $15K isn't something impossible. I have seen how the price move yesterday and today, it was quite fast. The price passed $10,000 suddenly and now it was about $10,970. This showed us that there is a big chance for Bitcoin to increase significantly if there is something to trigger it moving up fast. Let's see what's happening in the next few weeks/months later. I hope there is good news for crypto future and the Bitcoin price can really rise up to $15K or more.
The sudden improvements in bitcoin's price is quite fast and exciting for us because it is really unexpected to me for bitcoin to reach $11,000 earlier, and it is now worth it that I hold my bitcoins for 2 years. So if the bull trends will continue, no doubt that bitcoin will rise up to $12,000 or $15,000 next month. |
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