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julianisaac

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Everything posted by julianisaac

  1. XRP I think it can reach 1 dollar at some point, if it achieves it even in 2 years, it would be a profit of 400%. I have had XRP for a long time and I think it has a future, since it has a project behind it and it has a utility and an objective. And that's an important point, since many cryptocurrencies are created without a goal. I think it has a future and at the current price you will be able to make a profit.
  2. The biggest problem with buying cryptocurrencies with low volume is that if you want to sell them, it can be difficult to sell them at a good price. Especially when there is a slump in the market with a sell-off. In that case many times a sale with a low limit price has to be placed for the order to be executed. If you think in the long term, the problem is not so bad, unless the fundamentals of the currency change.
  3. It is impossible to know that, the important thing is to research the project that exists behind each cryptocurrency. This last point will determine if the currency has the potential to rise and if it will be able to mantain its value in the future. A coin that has no utility or that your project fails, is destined to value almost 0
  4. I don't think DOGE coin will be the favorite, I think there are many coins better than DOGE. I see it as a coin that was made without a real use. For a currency to rise in price it must have a utility or, at least, have a projection of being used in something. And for DOGE coin I do not see that.
  5. To save money, bitcoin is definitely convenient for you. The other currencies have more risk, some may have more potential but they are much riskier than bitcoin. I think that the price of btc will go up, especially if you think about it in the long term. In the short term it can have strong fluctuations
  6. I think you should have both cryptocurrencies. Both TRX and ETH have a lot of future, as both are networks that are used for other projects. It is always preferable to diversify. Example, if you have 100 to put, I would put 50 in each one. I think ETH has more upside potential, but it's just opinion. In the long term we should win with both
  7. It depends, if it is bitcoin you are not taking much risk, as long as you have other investments that are not cryptocurrencies. It is never convenient to have all the investment in the same type. It is good to have fiat money without investing, to have stocks, to have fixed income and also a part in cryptocurrencies. Within cryptocurrencies it is convenient to have the largest portion in bitcoin and a part can be allocated to other currencies
  8. It is one of the great problems that cryptocurrencies have. You have to be very careful when making cryptocurrency transfers and not get distracted by other things. It is also advisable to double check all the data before making the transfer. If you put the wrong address, you lose your money.
  9. Not yet, for now I use it as a safeguard of value. I think that in the not too distant future it will begin to be used as a currency of exchange. I think that for this to happen, its use should be widespread and its current handling facilitated.
  10. The danger of investing heavily in cryptocurrencies is that many projects, and consequently, many cryptocurrencies will lose value almost to 0. If we want to avoid this we should stay in the main cryptocurrencies in the market. Whenever you invest in crypto, research the project behind.
  11. People think it is gambling because they do not know what blockchain technology is. In addition, the price of cryptocurrencies has very strong fluctuations, being able to go up or down more than 10% in a single day, even in hours. That's why people think that. And it is normal because people prefer security in their investments.
  12. If the goal is to save and protect the value of money, it is always a good time to buy bitcoin. Since it has a finite number of tokens, its price should rise over time (always having in mind that it will have strong fluctuations). An interesting strategy to apply with bitcoin is to buy in a staggered way.
  13. For countries accepting bitcoin is complicated since they do not have control of the money. Since bitcoin is decentralized, it is precisely not easy to control it from the government. It would be an interesting solution to inflation for countries that suffer from this problem.
  14. I do not think ETH will reach 8000 in 2020, it can reach 1000, I think it would be something possible. Although with cryptocurrencies you never know. The advantage is that DEFI coins are based on his network.
  15. I think that yes, the real danger of cryptocurrencies is that they fall into disuse and no one wants to use them as a safeguard of value. It is the only danger that I think BTC can fall for. With alternative currencies it is important to see the project that supports them behind, since the real value of the token depends on that project
  16. I think so, because what happens is that the value of the dollar goes down, it is not that the value of the btc goes up. The same thing happens with gold. This entire process is thanks to the emission of fiat money. By emission, fiat money loses real value. That is why the btc being finite in the amount of tokens, it does not have that problem and it will keep the real value.
  17. Yes, because it is an anti-inflationary currency since it has a finite number of tokens. The biggest problem is that the use of the cryptocurrency is still a bit complex and the care that must be taken to use and transfer the token
  18. I think it is convenient to have both currencies. Have investments in fiat currency (either in stocks or other investments) and have a strong investment in BTC and small investments in other cryptocurrencies. It is never advisable to put all our capital in a single type of investment.
  19. I basically use it to save money, but over time I think it will become another payment method. With that, the BTC will increase its price considerably. Let's think that today a very small percentage of the population actually uses BTC.
  20. I see a lot of youtube videos to learn and stay up to date with the news of crypto world (I follow the channels Cripto Avances and Soluciones para todos vamos con cro), I like everything that has to do with the crypto market, I use coingecko and coinmarketcap to know and to see the % of the increase or decrease of the price of the coins. I like the trading, so I look the graphs to do technical analysis with the AT signals.
  21. It is not scam, but you have to choose carefully the token to buy. If you want less risk, it is better to buy BTC because a lot of token and his projects will disappear.
  22. The value of the token will depend on if there is a massive sale when it is distributed. In the long term it is surely going to be a good value. The problem is, as in any market, supply and demand. I saw it in other coin, they all sell and the value drop strong. If you think the token have a future, keep the coins. Good business. Sorry for my english, I speak spanish πŸ™‚
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