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Showing 13 of 13 results by Realroy
Re: Why are the world’s governments not using cryptocurrencies?
The biggest issue with government is control. bitcoin was made only to avoid any kind of interference. and if cryptos were accepted by the government they have to be centralized which is exactly the opposite of why cryptos were created in the first place.
First of all you have to realize that you're already trading because you have a market position. You bought 2 BTC which mean you have a long! This is very important for you because you already are invested whether you like it or not.
The second important thing is realizing that you have a long in a bear market. Bitcoin has lost 10% in the last month so you're down 10% already before you even start trading. Do you really want to exit your long now when we might be at the bottom of this correction? Trading is difficult and newbies get rekt.
exactly what i wanted to say. you are already into trading bitcoin, you should've started planning the moment you bought those 2 BTC. but, it's never late to start. better start small, don't risk all of those 2BTC. The second important thing is realizing that you have a long in a bear market. Bitcoin has lost 10% in the last month so you're down 10% already before you even start trading. Do you really want to exit your long now when we might be at the bottom of this correction? Trading is difficult and newbies get rekt.
i think, trading by following signals is good for beginners, as they are totally blind to how the market works etc etc. but once you've gained knowledge about everything and know how to use charts to your benefit, there is no point of trading by following the signals.
it really depends on the your profit taking appetite. people who want short term gains or require funds or people who earn small profits like to save as much as possible on the other hand for traders who trade a lot have a lot of experience and know they can recover whatever they lost are less concerned 'bout the fee.
bitcoin is way too much popular, every newbie steps into crypto world with only bitcoin knowledge. if any alt coin wants to surpass bitcoin, it needs to have some record breaking moves which can make it to the news and spread the word.
Walmart coin is similar to Libra coin which facebook have. The Walmart coin will not have much impact on cryptocurrency market since walmart coin can only be used to purchase things on wilmart. One of its primary purpose is to make online shopping more convenient to shoppers and while using walmart coin a loyalty award in form of coins will enter into their wallet.
people might just be going for investments for now, but according to me, soon enough it will be a very good mode of transaction. many countries have already set up bitcoin ATMs
it can never be a mistake to invest in bitcoin, as of now, more and more people are getting involved in crypto which is making the market more and more volatile, i would've understood this if you said this for some alt coins, but bitcoin no, it is a very good investment option for now.
i never thought of learning bitcoin trading from books, to be honest never knew, there were books on it. will definitely have a look to see what different they are offering than what is already on the internet.