susan8929

I started using Bitcoin as a means of payment and it helped me a lot to do some things that I had to do. Months later, I used it as a refuge from the volatility of other crypto and it generated great returns. Currently, I use Bitcoin only as an investment, because the commissions are too high, so I prefer to use other, cheaper cryptocurrencies.

I think the price of Bitcoin is determined by supply and demand. If the supply is low and the demand is high, then the price will go up, as it is right now. On the other hand, if the demand is low, then the price should go down. Regarding the question you ask, the answer is no, because if many people buy Bitcoin, then the price will go up, while if many people sell btc, then it will go down quickly. Additionally, we can also conclude that the price of Bitcoin goes up due to the effects of halving.

I think everyone has the right to invest in the way they like and, above all, to make a profit. Personally, I prefer to invest in the long term because I think that the price of cryptocurrencies will eventually increase and because it seems to me a better option to make money without having to be looking at the charts all the time. In conclusion, each person is free to choose whether to invest in the short, medium or long term. All ways are acceptable as long as there are benefits.

Thank you for the recommendation. The truth is that withdrawing Bitcoin is too expensive on Yobit or any other exchange, so it's necessary to use other cheaper cryptocurrencies. In my case I use Tron and Doge, because I like them and besides being very cheap, they are also too fast currencies. Anyway, XRP is also an excellent option to pay few commissions.

I think the same as you, cryptocurrencies seem simple and fast money at first sight, but the reality is that it is something complex and it is necessary to work too much and to acquire good knowledge to obtain the best results. It is possible to get rich with cryptocurrencies, but it will not be something simple and it will take quite some time. The best thing is to learn every day and not to despair to obtain great results, because if everything is done well, the results will come by themselves.

At that time crypto dropped too low because of the pandemic, but in the following months it began to rise again, mainly after Bitcoin's halving. Currently, I think the price of Bitcoin has already gone up too much this year and It should rest for a few days or weeks to continue to increase the price.

Unfortunately the percentage of real airdrops is very low, but there are some options to win some coins quickly. For example, the best alternative is to complete the airdrops of the most recognized exchanges. They don't usually give out large amounts of money, but at least they are reliable and in the end they do pay. However, it is recommended that you do not give your data to any site, especially those that are unknown.

I feel too impatient because Bitcoin confirmations usually last quite long and the price is very volatile, so I may send the money and minutes later it arrives, but already with another value. Of course, it's not a problem when the price goes up, but it is when it goes down. Fortunately, the best solution for transactions is to use other currencies that are faster and, at the same time, cheaper. For example, Tron, Stellar or Doge.

Bitcointalk is a great forum, but it's focused only on Bitcoin. Instead, Cryptotalk covers all cryptocurrencies and allows the discussion of many interesting news about crypto world. For that reason, I prefer Cryptotalk, because I think it is an excellent forum to learn and continue progressing. Besides the knowledge, there is also the fact that it pays me some satoshis to share my opinion.

I think that the best way to make money with cryptocurrencies is with medium term investments. That is, by saving the crypto and hoping that in some days or weeks it will increase in price. The best in those cases is to make a good analysis to determine which crypto is better based on its events, supply, daily volume, among other factors. Trading is another option, but it is very complicated and it is necessary to study too much to obtain good results.

The order has changed a bit since you published the list. For example, XRP has dropped quite a bit due to the SEC sanction and several exchanges are thinking of delisting it, so it is likely that its capitalization will continue to drop. I believe that Bitcoin will remain the most valuable crypto for many years to come and its dominance will not drop below 30%. However, the second place is not so clear to Ethereum, it would not be strange that at some point it will be surpassed by Tether, which lately its capitalization is rising too much.

I agree with you, I think Tether is a very useful cryptocurrency because it is very stable and rarely goes up or down too much in price. I have used it a few times and it always serves me as a refuge from the volatility of cryptocurrencies. As you say, the ideal is to change the btc for Tether when the price is too high and buy btc again when it has gone down a little.

In my case it would be too sad, because cryptocurrencies have positively influenced my life and helped me to achieve multiple purposes. In addition to that, Cryptotalk has also helped me to gain different knowledge to keep progressing, not only in crypto, but also in life in general. However, the most important thing is that there would be no alternatives to send cheap and fast payments or just coins to store value. Without a doubt, I hope to continue in cryptocurrencies for a long time, because I like them and find them quite useful for the future.

Honestly I have not lost too much money in my investments, because I have previously acquired good knowledge and tried to make the best decisions so as not to have losses. Of course, at some point my investments have been at a loss, even over 50%, but I have been patient and waited until I made a profit. The important thing is to know what you are investing in. Regarding the methods to make money with the cryptocurrencies that you mention, it seems to me that gambling is a bad choice. Trading is very good, but it is necessary to study and analyze too much to obtain good returns.

I choose Bitcoin for long-term investing, because offers better returns than gold and other assets. Of course, it's essential to buy in a good area and accumulate for a while so that there are good returns. Regarding gold, I think it's a good investment, but it's slower and most of the time its price depends on investors' fears, since it's supposed to be used as a refuge. However, this year the economy has suffered quite a bit, but gold hasn't risen much, while Bitcoin has.

Hello, my friend. I'm sorry, because you went into the market when it started to go down. I would have liked to know btc at those prices, suddenly I would have kept at least one for a while. I met Bitcoin when it was already relatively high, because it was between $400 and $600, so I didn't have an experience similar to yours. Although I would have liked to buy a Bitcoin at those prices, but well.

Those kind of investment sites are not recommended because nobody can guarantee you a percentage in a certain time and most of them are ponzi schemes. The ideal is that you invest in Litecoin by buying through the most recognized exchanges, such as Binance or Coinbase. Well, the commissions are quite high, but you can use the P2P sites so that the commissions are not too high. Remember that you can't give your money to anyone to work for you, as the chance of getting ripped off is very high.

Hi, I've tried some online games to win cryptocurrencies and they're actually quite fun. The problem is that most of them tend to pay too little, so it is better to look for other ways to earn money with crypto. Of the games you mention I have tried EOS Racing. In general, I found it quite fun when I played it.

I think Cryptotalk is too important because it is a forum dedicated to all things cryptocurrencies. Here you can find useful information about any topic about cryptocurrencies. For example, discussions about exchanges, wallets, trading, investments, among other topics of interest. Besides that, it is one of the few useful forums about crypto. Personally, I have not found another forum about cryptocurrencies that is as useful and active as this one.

I think Bitcoin began to be valuable because of its technology and the advantages it offered by having the Blockchain, in which all movements are recorded and, moreover, cannot be manipulated. Another probable reason is the supply and halving, since every so often the reward is reduced and the demand increases. As time has passed, it has also begun to be used as a reserve of value and this is what some institutions are seeing.

No doubt, when you made the post, Bitcoin was in another trend, but since the halving it has started a bullish market that looks like it will continue for several months. That's why, from my point of view, I prefer to be a long term holder and not risk the money, especially when the market is bearish, as everything is more complicated. However, when the alt season starts, I think it is better to be a trader, because practically all cryptocurrencies go up in price and the risk is lower.

Yes, I agree with you, the quarantine was an excellent opportunity to make money with cryptocurrencies. Regarding the ways to make money that you advise, I'll stick with investing, since it's an excellent way to make money in the medium term. The ideal is that those kinds of investments are in a few days or maximum weeks to obtain profits. I also like trading, but it is more complicated and it is necessary to analyze the market constantly. I sincerely do not like gambling because it is too risky and in the end is rarely profitable.

Bitcoin is a decentralized crypto currency that was created in 2008 and launched in early 2009. It's used to send payments, as an investment or, sometimes, as a store of value. One of the main features of Bitcoin is its Blockchain, since all transactions and movements are recorded and can't be manipulated. The value of Bitcoin is determined based on supply and demand. The Bitcoin supply is only 21 million coins and they're obtained through mining. Every 4 years the reward is reduced, so the price increases.

The faucets were one of the first sites I tried when I learned about cryptocurrencies. However, I never made good profits, because they are usually very slow methods to make money and you need to get a large number of active referrals to make a good amount of money. Anyway, they are excellent sites for newcomers to learn more about cryptocurrencies and try to get several active referrals. The faucets I recommend are FreeBitcoin and BTCClicks.

Hello, my friend. I think that if you are a beginner it is better that you don't invest money yet. The best thing would be to acquire more knowledge and perform airdrops or some free way to get some coins so you can learn more about cryptocurrencies. Anyway, if you want to invest, the safest thing to do is Bitcoin. For example, since the date you published the post, btc has gone up quite a bit.