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These days, bitcoin is being used as an investment or people trade their bitcoin wherein they make real money out of it. Other than being used as a profit making currency, bitcoin can also be used as a mode of payment for some instance and it is usually done between two people who owns bitcoin at the same time. Sooner or later, we will surely witness bitcoin being used as a mode of payment for most of the products we buy if ever it gets legalized globally. Still, we are too far from seeing that happening so it would be best to pile up bitcoins in your wallet as much as possible so that you can make sure that your future will be secured.
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Based on my experience, I was able to get fair profit from joining bounty campaigns of a certain ICO before but the days of good campaigns are long gone and I know I can not rely on that anymore. Buying tokens can somehow be effective on making profits but not as much as it does before. There are a lot of cheap tokens way back that has a surprisingly high value right now and I think it could have been a good investment if only we believed on those tokens. You can also make good profit from gambling but be aware of the risks before getting yourself involved. You can also invest on the top currencies like bitcoin and ethereum while it is currently experiencing a dump at the moment.
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In terms of being strategic, China is definitely at the very top. Not only with the way they handled the pandemic but also the way they have sown business firms in different countries all over the world. Even in terms of territory, they seemed to be unbothered even when a certain country is already protesting against them and I think that is because of the military strength they possess. They know that if ever a war sparks out, they can win and outnumber any military forces not unless some other countries would interfere. They know what to do to secure their future and they are not skipping even the little steps they need to take that's why there will always be a high possibility that they will overtake US in the near future.
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Instead of being pessimistic about what's happening in the market right now, why don't we just pay attention on monitoring the price pattern of bitcoin? Maybe it wouldn't go that way always but at some point, you can use that price movement to determine what can happen next with your holdings. Also, we need to remember how frequent bitcoin's value has gone up and as such things keeps on occuring, correction will surely take place to stabilize bitcoin and avoid seeing it lose control. Soon, bitcoin will stabilize once again or might even go up, so let us just have faith and believe that everything will soon become alright.
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The crypto currency space is a very volatile place where anything can happen in a short time frame. No one either experts or not can call the top and bottom in crypto currrency market; we should always remember that our business in crypto currency market, trading is to take profit.
More importantly; don't be over ambitious to help someone to buy tokens, never do it. Instead educate and teach them how to do it, and the risks involved.
Indeed no one can claim to theirselves that they are experts already in the crypto world no matter how long they have been here. You can be over ambitions all by yourself but it would be best if you wouldn't include other people on it so that you may avoid leading them to their downfall. As we all know, those who has the highest holdings or owning of crypto have learned more from the guidance and their experience than from listening to other people's instruction. As an individual also, you should always know how to stand your ground and stay firm on your goal without letting anyone else interfere with it. |
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If we would think about how the future may end up and how much of the consequences are we going to experience on 2030, it is actually thrilling and ugly for sure. Best way to survive is through making sure you got enough investment that might save you in the future and the best mean is through cryptocurrencies I think. If ever it won't mess up and gets validated on the year 2030, those who put their trust on it will definitely have their life secured by that time. For those who wouldn't pay attention on crypto, expect the worst cause famine and shortage from natural resources may come and everything we will be buying will surely be expensive, so be smart and act now.
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It is really unfortunate that your country is shutting down bitcoin but I think considering the amount of bitcoin you are currently holding, you can make it work if you would transfer to another country where bitcoin can be exchanged into real money and there are no restrictions as much as your country has. Even though you are caught up on that misfortune, you should still consider yourself lucky for knowing bitcoin early, many would wish they were you and they will surely hold it up until now if they were given a chance. Although my opinion was quite too shallow, I know you can and you will find a way to make sure that your holdings wouldn't go to waste.
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Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor
What do you think about this circumstance ? am i overthinking this ? share your views.
That is one of the common mistake investors usually does whenever they sense great feelings of fear. It is not really necessary to sell when there's a dump but still there are circumstances where it is needed to be done in order for you to save some of your holdings as much as possible. When it comes to bitcoin, I think it is not really necessary to do that specially right now. You should see it as a great advantage already that you are currently holding a bitcoin and you should not let it slip away just because you are scared it may keep on going down. Be wise, read some legit news about crypto, observe and be smart when you finally decide. |
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It doesn't actually matter if they can or they cannot, what matters is the fact that they will not benefit if they would do so and they may benefit from it if they wouldn't get theirselves involved on it. There are a lot of possibilities that this would happen and for the longest run of bitcoin, we never seen it occur and maybe the reason behind that is because they are secretly storing up some of the country's money on it as they watch it go high and they would sooner collect of the benefits they got which may become detrimental for bitcoin. Even with that threat, we shoud still have faith on bitcoin, it will surely be able to make it through with the help of huge organizations that are currently supporting or planning on supporting it.
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The occurence of a bear market cannot be certainly determined because there are a lot of things happening each time that may prolong or may end the current phenomenon. As of now, the market is not yet fully on a bull run, there are still a lot of changes and different movement of price in the market but we can pertain already that most of the cryptocurrencies are somehow doing good. We might witness plenty of corrections at the moment specially in bitcoin since it keeps on getting a new all time high every time and we should take that opportunity to assess the price movement of different coins to make a strategy that will help us on obtaining a lot from such.
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After witnessing all the bull runs, it gave me lots of emotions and it is not all positively. At first, I felt great regret for not risking much way back since I thought most of the cryptocurrencies are already hopeless considering the long run of their continuous price decrease. When the pandemic started, I already sensed it that bull run may occur since most of the people might end up choosing to store their money in cryptocurrencies than in banks relying on the situation. Other than regret, I also felt excitement because I know it's not yet too late to take risks once again in crypto so now I am devoting most of my time in here already even when this bull run comes to an end.
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It is said that Bitcoin is the precursor of the "One World Currency" that will be used in a "One World Government". In the past, it has been predicted that a "One World Currency" would come into fruition as the current monetary system collapses in its entirety. It is today where we have Bitcoin, a Peer-to-Peer digital cash system that's decentralized, used globally by many people worldwide. Essentially, Bitcoin is a "One World Currency" although not backed by any government or trusted entity of any kind. What do you think? Is Bitcoin the "One World Currency"? Or will another currency take its place in the future? If that happens, which currency do you think will become the "One World Currency"? Will it be the US Dollar, the Euro, or the Chinese Yuan? Do you think governments will unanimously agree to use a single currency for everything? Your input will be greatly appreciated. Thanks  At some point, we can see that it aligns to the theory that was made way back before bitcoin was made. It might look like a coincidence but we should also consider how popular and how possible it may take place in the future. Even though it is so far from happening right now, we should take consideration on how much recognition has been getting ever since its value went up. As technology advances more, the greater the possibility that it would soon be declared as the one world currency. Nevertheless, we should still remember that there are a lot of other currencies that exists in the world right now and some of it can be a candidate of being the one world currency. |
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Considering the good run bitcoin has made for the past months, it is too early to panic since bitcoin is just obviously making a correction after continuously increasing. People need to understand that bitcoin will always be at risk of going down each time, we cannot expect that it will stay on its current price or keep on increasing as time passes by caused that would make its volatility nonsense. Instead of making unnecessary actions just because you think the end of bitcoin is near, it would be best if you would start taking advantage of the moment and make up a plan while the value is currently going down so that when bull run occurs once again, you will surely benefit a lot from it.
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Re-applying if there's spot open. |
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Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=968835Current amount of posts (including this one): 1203 SegWit (preferably bech32) BTC Address for Payouts: bc1quan8fsamrz6g9s3jvrraqjcv56dmpgxe6h70cz EARNED merit in the last 120 days: 1 Will update signature and avatar once accepted. Thank you! |
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If all countries can accepted crypto currencies in there various countries, as a means of payment and as a means of online exchanges, such as money is, money is anything use as a means of exchange and general acceptable. With the means I think all cryptocurrencies (bitcoin) will definitely go round the world, and will be use as a means of exchange. I will be so grateful to the creation of crypto currencies. This will also help our future generation, Remember something when we do international transfer across the countries, it may take a while to get the money to your local bank account, but with cryptocurrency you can get instant reflection if bitcoin etc is transfer to wallet,And you can make use of your coin (bitcoin ETC).
Indeed it would be very convenient to see cryptocurrency being available all over the world but still there are a lot to be considered before this may happen. We should take not that crypto is a decentralized currency which means there is no way the government could not have any control over it and it would end up having them gaining no benefits from it. Due to that situation, there's no way the government would allow crypto to regulate all over the world. On the other hand, not everyone is well aware on what crypto is and what it does so it would be best if everyone would gain knowledge about it first before letting it be a legalized currency. |
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Hi, I was browsing about 50 pages here https://www.blockchain.com/prices?page=50 then I gave up and googled it...there are more than 2000 cryptocurrencies! Why? The fiat tends to reduce thanks to EUR, what's the purpose of so many cryptos? thanks Each ICO being released in the public have different purposes and that could one of the reason why there are so many cryptocurrencies out in the public right now. Another possible reason could be the influence of bitcoin, as many people ended up seeing bitcoin's potential, many tried to copy what bitcoin did but most of it probably failed. It is not actually a bad thing that we have so many cryptocurrencies right now, actually it helps the market in some ways too wherein it appears to be a support at some point that helps lift up the cryptos that are currently at the top. |
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We should've expected it to happen actually considering how fast bitcoin managed to grow rapidly over years. A lot of people underestimated bitcoin before and I think that is the reason why the holding time they spent of bitcoin is way shorter compared to what investors does right now. As they see bitcoin become successful over the years, many might have changed their mindset and focused on long term goals, they do not hold bitcoin for just a week or a month anymore, instead they learned from the regrets that came upon them as they see those who had a lot of faith on bitcoin start gaining lots of profit in return for holding for a very long time.
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With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin? will bitcoin weaken or vice versa?
Even after having the vaccines released to public and regardless on how many variation of it were produced, the continuous increase of the cases all over the world is still evident which was caused by the new variants of the virus showing up all of a sudden. The value of bitcoin became bullish during the pandemic but that doesn't necessarily mean that it was that caused it. There are a lot of factors that affected the sudden bull run of bitcoin, it can be because of being recognized more all over the world or maybe because of the huge company like Tesla choosing it. Maybe it will have an effect on bitcoin if ever the pandemic cease to exist but I don't think it would be that much. |
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