Chrenova

I don't really think it will last forever, maybe it can last 100 years or maybe less, but what I am sure of is that it is just beginning. That we are just beginning the path of cryptocurrencies, that we are facing a digital revolution never seen before and we are building the foundations for the next few years. We should also enjoy the moment and not ask ourselves so many questions, because that way we cannot fully enjoy ourselves, in the next few years we will really see if cryptocurrencies are ready to stay or not, because we are facing an imminent announcement by governments to adopt cryptocurrencies as something legal or they will ban them. That next year will be very key for everyone

Always, but always, we must be extremely careful where we are getting, because scammers are more and more experts every day in looking for tools to get our money. Incredibly, they also update your technology to make us fall, and sometimes we not only have to check the domains where we are entering but we also have to check well where we are and who to send us a private message, because they also copy administrator accounts in groups Telegram and they send you messages wanting to help you, but the least they want is to help you, they just want you to give them your money in some way. This world is full of cheaters and we have to be as careful as we can.

Coinmarketcap is one of the most important tools in the crypto world because it provides us with vital and very valuable information for our analysis. Here you can not only find the current and past price of all Altcoins, bitcoin and tokens, but we can also find other very relevant data that help us make important decisions in our investments. Not only can we see the reference value of the currency that we are looking for, but we can also see the volume of the last 24 hours, the number of coins that are in circulation at the moment, the value that refers to the movement it had. in the last 24 hours and a graph where we can see the market movement of each currency during the last 7 days. It also has many more options that I invite you to review for yourself.

Traditional financial institutions are afraid of losing the monopoly that took place for centuries, and that is why they see cryptocurrencies as a big problem. They also believe that they will lose power over users, where they have us controlled by means of loans and the constant issuance of fiat money. Banks realized that if they do not adopt cryptocurrencies as an ally, they are going to lose a lot of ground, because all of us believe that it is better to have our crypto in our possession, than to give it to a bank. It is much better to have a nano ledger where only we know the password to use it, than to leave all our money in a bank. Although many people do not know how to use technology, they are the ones who are going to keep the cryptos in the banks, and that is going to be that millions of people start using them as a way of saving.

You have many ways to earn cryptocurrencies or you make the ones you have become more. One is to stake, if what you have are native currencies of a project, it is the best option. Because they offer you very high percentages to make token participation, generally some offer up to 50% per year in rewards. Another way is to follow pages where you have news about airdrops, where you usually have several options to do it and earn some extra currency for your wallet, you can also do cryptocurrency mining, you have to have a powerful computer to be profitable. And the last one is trading, but in my opinion it is the most risky of all, because the volatility of some currencies is very high. You have to see which is the one that best suits your investor profile and which one you like best

One of the first steps that we should do is understand how the blockchain works, we do not do it at the beginning when we are newbies, because we do not know where to start. But one of the important things is to know what it is about, I know very well that sometimes it is difficult for some people, but it is advice for the newest, who sit down to study what all this is about, you will be that lose as little money as possible along the way. It is also our duty to be able to teach most of the people who want to enter not to make some mistakes, and one is not knowing what the world of cryptocurrencies is about and what the blockchain really is and how it works.

I believe that the first step is to adopt bitcoin as a currency is not the solution to many economic problems, I think the best thing is to adopt bitcoin as a store of value. To replace fiat money we have stable currencies, such as USDT and DAi, which have a similar value to the dollar. I believe that governments have no option other than in the coming years to adopt cryptocurrencies as something regular, because they run the risk that many people will go to this market and they cannot regulate it in any way. I also believe that in the next 20 years we will be able to buy anywhere in the world with cryptocurrencies.

I don't think anyone wants bitcoin to be an official alternative to the US dollar, because it is not really the way of bitcoin. The future alternatives for the dollar are stable currencies, we already have many that have the same value as the dollar. I also believe in the future we will have a digital currency that pretends to be the Euro. I believe that bitcoin is not going to be the replacement of the dollar, if it is not going to be of gold. It is going to become the largest store of value of all, and I believe that we are going to have a very important change in the world of cryptocurrencies and in the economy in general in the coming years.

All investments, and not only in cryptocurrencies, had a setback this year due to the pandemic. But what most recovered their stability were digital currencies, not only does bitcoin currently have a good trading price at 11 k, but many projects were born this year and are very strong. I think that after we pass the pandemic, we will have a clear path to grow as we have never seen, there are brilliant minds and many projects here, and in the coming years we will experience a boom in them. And everyone is going to want to invest in it. I believe that the only thing that can stop cryptocurrencies and their growth is that in many countries they obtain by completely banning their trade and taking them as illegal

I am reading this post on October 11, 2020 and clearly the fall of bitcoin in March was due to the outbreak of covid 19. Then we had a recovery and currently the price of bitcoin is at 11 thousand dollars, a very good price as a result of what What's happening in the world. I also believe that when the pandemic ends, we will have a massive rise in all cryptocurrencies, not only bitcoin but it will strengthen the price of all. This is also going to bring a new wave of very good projects based on blockchain technology, I have no doubt that we are facing the revolution of this century

We all started out thinking that we were going to get rich very quickly, but it is the worst thing we can all think. Clearly it is the mistake that as newbies we all make, also another mistake before starting in cryptocurrencies is to believe 100% the commercials we see on social networks, we always see a well-dressed man with a sports car and telling you that I win it all with trading and if you pay him 200 dollars he will help you with his course to earn money. Nothing more false than these commercials, because if they really made so much money being traders they would not have the need to sell courses on it. Clearly they are mistakes that we all make equally, since we have to make mistakes to learn from those mistakes.

I think your opinion is very good. I think all of us, myself included because I also thought when I was a beginner is that we are going to get rich from one day to the next. And that's the first mistake we all make. Not only are we not going to get rich in a day, but we are also going to lose money before we earn it. I think I lost my first dollars with that idea in my head, I also thought that I did not know what I was doing wrong to lose money like that, but after a few long days with sadness in my chest, I decided to study the cryptocurrency theme. And today I assure you that I learned much more by losing money than by earning it.

Practically every day they add me to groups on telegram and many times I cannot detect which are Scams and which are not. I think it is a big problem that we all have, the world of cryptocurrencies is full of scammers and I firmly believe that while there is no way to regulate the trade of digital currencies, we will not be able to regulate scammers either. I believe that the day that governments accept cryptocurrencies as a regular exchange, we will never get rid of scammers, because they know very well that what we are doing is not entirely legal, therefore we are in the same club that they. And governments see equally those who trade and those who scam with cryptocurrencies

To be a professional trader and earn a lot of money doing this, we do not have to have any feelings related to trading. Because that is the worst mistake that each and every one of us make to the other of getting into cryptocurrencies. I think they lost money, we can also learn a lot, and that fills us with anger as well as sadness. But they are mistakes that we have to make, even just once in order to learn from them. They are the most common mistakes made by all traders when starting out, but with the passage of time if we work very hard to separate the feelings of the money, we will win much more than we lose.

Many of us started out in cryptocurrencies by taking someone's word for it. Surely many of us saw commercials on instagram or another social network where they promised us that we could earn 10,000 dollars in our first month if we worked with them. And there is nothing more false than that, you cannot get those profits so easy in the world of cryptocurrencies being a beginner. I think it is a studio job that can take us years to develop to perfection and even the most experienced traders lose money, as you say you never have to give up, but you also never have to believe 100% in what you see on social networks about the world of cryptocurrencies

If you are right, also that scammers are more and more sophisticated when it comes to creating scam software, they no longer just want to offer you cryptocurrencies on sale or that you send money to an etherium address and promise to return twice in the airdrop of another token. If not, they use more and more resources and have tools that can get the money. That is why I never tire of repeating it that the best we can do is investigate thoroughly what it is about, if they offer you an airdrop or the gift of a token, it is always better to check first in the official social networks of those companies to see if they really are offering an airdrop or just want to get our money.

I believe that whenever we start in cryptocurrencies as investors we make mistakes. Generally out of ignorance, because we never take the time to study what is necessary before entering a position. But the more time passes we realize that we have to start studying a project before investing, and try to make our winning positions larger than our losing positions. I believe that if we all share our knowledge in this forum, or in books or YouTube videos, we will not only achieve financial freedom for ourselves, but it will also help many more people to get to know the world of cryptocurrencies

It is good to be able to make money with cryptocurrencies, this year the best profits were the DEFis, the growth was very large from March to August. We are now witnessing a market correction and hopefully the last 2 months of the year will be a good price point. I think the most important thing is to have other sources of income, because a trader does not live only from that. You also have to have income from selling trading courses, teaching other people, or just making videos on YouTube. I think just having trading income and making a living from it is very difficult, at least for me.

I believe that it is always a good time to buy bitcion. Before there is a very big explosion of bitcoin and it goes to 50 k. I think if we are patient, bitcoin is going to be the largest store of value in the world in about 10 years. I think we should also make cryptocurrencies available to everyone, tell your friends, your brothers and everyone you know. Tell them not to make the same mistakes that we make when starting out so they don't lose money. Be when you read this, it is always a good time to buy bitcion.

I think currently no country accepts bitcoin legally. There are some companies in some cities that I understand in Spain and China that accept bitcoins, but it is not entirely legal. I believe that in the future we will even be able to go eat milk and pay with cryptocurrencies, not just with bitcoin. and at that moment the market is going to explode. At the moment we have bitcoin at 11 thousand dollars, and I think that compared to how it will be in the next ten years it is very cheap, in my best sense of optimism I think it will become the largest store of value of all. time. But there's a long way to go

Not just the United States government, I believe that all governments in the world should adopt cryptocurrencies as legal currency units to buy everyday items. I don't think bitcoin is, because it is intended to become a store of value currency, not a currency for daily trading. I think that for that we should adopt stable currencies to make the trade not so volatile, we have usdt, usdc and Dai as the most popular. I do not rule out in the future that the euro also has its equivalent in the crypto world. The next few years are going to be the most important in the crypto world for this to be possible

At the moment I don't think it is an option to work in profitable crypto. Because you have to have income in other ways. You have to have another source of extra income and take crypto investments as a possibility that in the future will be more profitable. Because if you put all your income in cryptocurrency investments you have the risk of losing all your money in an instant and that is not good. Nor should you have that as a dream, because how can it be that digital currencies can also be ruin if all the nations of the world decide to ban them and take them illegally and any individual who trades with them go to jail. I think we should take cryptocurrencies with care, but thinking that they can be a way out in the future.

I think thinking that way is fine, we do everything. Since we don't have much idea what this is all about, we believe that by buying bitcoin or another cryptocurrency we are going to get rich in a few days. And it's the first mistake we all make. And the more time passes, the more we realize that it is the worst we can think of because no one ever got rich in one day buying bitcoin as a newbie. We also realize that this requires a lot of effort and the best thing to do before investing is to study. I give the same advice to everyone I know who starts in the world of cryptocurrencies, do not invest before studying. Saves them a lot of money

When we start we all get carried away by feelings when buying or selling an asset. Whenever we are newbies we do it, it has happened to me several times to see the numbers in the red and sell my assets for fear of losing money along the way. But as we read and study more thoroughly what is the best way not to lose money, we see that we do not have to get carried away by feelings if not by reason. It's the smartest thing we can do. Whenever there was a fall in the market, it recovers the same week. Do not be afraid of red candles. If not to learn from them and you don't make the same mistakes

I think it is always good to start studying either in this or in any field. Paying is fine, because you are accessing knowledge, the money can return, but the knowledge you acquire does not! And that is much more important. Also what you can do is search youtube for courses on blockchain technology. There are many, after consuming all the free content you can, just then think if you want to spend money on any of those courses that they offer you. I think it is always worth it, the effort to start studying always pays off and makes you make as few mistakes as possible.