velasco19

Bitcoin has a future and has incredible potential for what it represents technologically and financially, remember that almost the entire crypto market depends on BTC and that is evident if we review the dominance, with the passage of time it increases its value and begins to be considered as a reserve of value which makes it a good investment in the future.

I believe that your country is not prohibited for the forum and in Yobit you can see the countries that cannot access the campaign, regarding the legal restrictions they depend on each country, but that does not prevent you from using cryptocurrencies because you only need to have an internet connection, but you should always be careful not to be discovered if your country is very strict.

We have all considered that aspect in transactions because our earnings are in BTC, but the exchange has high fees which prevents us from withdrawing directly to our wallet, in my case I usually change them to TRX and withdraw to my wallet, although they can also use LTC or XRP

USDT is a stable currency that is very necessary in the world of trading because it allows us to take profits or reduce losses in the market. This backs and is equivalent to one dollar, currently ranks third in market capitalization, although his company has run into trouble and some question the mass production and circulation.

Excellent analysis, using signals is always a risk and I think it is playing with your money because you only receive instructions, but you do not understand the reason why you buy a cryptocurrency and you depend on the supposed reliability of the trader who sends the signals. In these cases the risk must be understood and assumed, in addition to needing a large capital to be able to offset the cost of the signal group and it is not suitable for people with little capital.

The use of cryptocurrencies and the criteria for which they are used depend on each member, in this case it is bad because they are used to finance terrorist acts anonymously and it is a clear problem, although we can follow up it is practically impossible to know which person money arrives

You are right, the forum gives us knowledge to a certain extent and it depends on putting our effort into learning in depth by other means, blogs are too useful and usually explain a particular topic about Blockchain very well, we can even use YouTube to complement and if you want learn about a project you can go yourself to their website to understand how it works.

They are good reasons, but more importantly, the market always seeks a natural equilibrium, eventually it must correct the price because it reaches high levels that it is difficult to attract new buyers and profit taking can produce a chain effect that causes the price to fall. For example, at this time the correction we had is expected to continue its upward trend and the market has more liquidity.

Thank you very much for your recommendation, it is really useful and essential in any group of Telegram cryptocurrencies, personally I am more attentive to your twitter account because I use that social network more and it allows me to be informed of prices or large transactions on the network.

In fact, in trading when talking about high BTC dominance it means that bitcoin has a lot of money in capitalization, in tradingview it is possible to see that graph that oscillates between 60% or 70% and it is risky when it is high because it will not get much money to Altcoins and when its dominance begins to decline, the money leaves or is invested again in the other cryptocurrencies, thus giving upward movements or recovery.

I also have a similar thought to yours, there is always talk of adoption and the expectations that it entails, but if the regulations do not arrive little by little then we will not be able to achieve the objective of being able to implement the use of cryptocurrencies because as you mention we need legality and clarity of this new market in the near future.

Emotions are the worst enemy of novice traders because they do not act according to the plan they have designed and that causes losses. I like point 2 because the size of your position can cause fear and it is because you do not fully trust your decisions, a phrase that I like is: "If you cannot be calm trading it is because you are very exposed in the market".

Yes it is possible, but the withdrawal of Bitcoin through Yobit has a very high transaction fee, your best option is to convert it to another cryptocurrency such as LTC, TRX, XRP. WAVES and thus be able to make the withdrawal to your wallet, then you make the conversion again to BTC and you do not lose much money.

It is a good reminder for crypto beginners, there is no platform that gives such high daily returns, it is only a trap to take money from people by making false promises. The aspect of investing is everyone's responsibility and I think you should be prepared to hold your position if the price falls or at least have a plan.

I think that with the advancement of technological tools, work at home is becoming popular, you can even work as a freelancer and have your own time, certainly there are advantages and disadvantages that must be considered in order to fulfill your obligations. The pandemic we are experiencing is a clear example and shows us that the world is capable of doing it, but it must improve much more.

What good stories that serve to motivate and not lose hope of achieving financial freedom for us, I have always said that holders are going to be the people who benefit the most in a period of time, currently the price is high and perhaps no longer We can earn as much money as in those stories, but I think we still have time to invest with a projection of several years, it would be great if one of us could also tell a similar story in the future.

Coinbase works like a wallet, but in reality it is a very recognized custodian of cryptocurrencies around the world, it has many users and its transactions have no cost if they are within the same platform, although external withdrawals are a little higher. In the future I hope they will integrate and provide services in daily life.

Political and social news always affect the markets depending on whether it is good news or bad. But we all know that the markets tend to recover slowly after these circumstances, we have seen how BTC had an impressive recovery and the vaccine helps to give peace of mind amid the uncertainty that exists, but in 2021 we will see the economic consequences of the pandemic.

From my perspective it is almost impossible for any cryptocurrency to outperform Bitcoin on the CoinMarketCap remember that the positions depend on the capitalization of the respective cryptocurrency. If we only look at the image we see the great dominance that BTC has and has almost the entire percentage of the cryptocurrency market.

I think that the idea of getting rich is the image they sell of cryptocurrencies, unfortunately many channels only seek to profit, but you must acquire the basic knowledge and understand that it is possible to become rich with cryptocurrencies, but it is a slow process with successes and failures , only people who persevere will be able to meet their goals and that is why you have to learn knowledge every day.

I think that the currencies to maintain this year are going to be BTC, ETH because they are the most important and with a long-term projection, personally I think that Polkadot is a very interesting ecosystem and it will be a complement to the Ethereum network, for that reason I will try to accumulate during this year.

I have been in the world of cryptocurrencies for almost 2 years, but at the moment I only buy fractions of Bitcoin to maintain in the long term, I would have liked to enter when it was possible to acquire complete bitcoins with little capital. In this time I have focused on learning about Blockchain, knowing protocols, decentralized exchanges to try to find an opportunity and in the best of cases a cryptocurrency that is an untapped "gem".

I have seen a lot of activity on Twitter where such an influential person just jokingly tweeting causes the price of cryptocurrencies or companies to increase. For me it would not be a surprise that he is accumulating BTC and that he makes it public when the time is right, that could be a catalytic move for cryptocurrencies.

That patent is really useful because it simplifies shipping and you don't pay the transaction fee, however Coinbase is a recognized custodian to store your cryptocurrencies, but the limitation is that you don't have the private keys. Although the system is easy, I have always asked myself: Is it convenient to give our email? How exposed are we doing it?

Bitcoin is attracting the attention of many investors and as investment funds must declare their assets, we have noticed the increase in cryptocurrencies and that has generated many expectations in different sectors. Gold is losing the opportunity to increase its capitalization due to Bitcoin, but the dollar is also losing a lot of value although it is not a store of value and inflation forces us to look for new options to take refuge and that is where cryptocurrencies appear as a disruptive option and with potential.