The Bitcoin Forum

CryptoStar19

DCA into reputable projects... hold long-term. This is your best bet. This is not financial advice.

CryptoStar19

More than any other industry or country, Bitcoin uses renewable energy sources and the rate at which renewable sources are replacing traditional sources of energy far outpaces that of any other industry.

Bitcoin uses %0.1 of the world's energy and for that energy use it potentially gives the entire ...

CryptoStar19

It sure does, it takes time and patience.

CryptoStar19

Bitcoin is definitely safe (given you use proper security practice when engaging with the network). It is for the most part legal in every country with few exceptions.

CryptoStar19

This law goes into effect in September.

There will be hurdles of adoption for El Salvador, but in time the solutions will provide a blueprint for other nations to follow suit.

CryptoStar19

Pretty safe to say that bitcoin is going to be around for the foreseeable future... decades.

CryptoStar19

Lost or stolen crypto can not be recovered.

CryptoStar19

Doge price action, like all other altcoins, will follow first and foremost that of bitcoin.

CryptoStar19

The news has been positive recently, in terms of the further development of the crypto realm.

Price action is however a different story. We have been consolidating on the lower part of the range for the 8 or so weeks and this is a sign of weakness and increases possibility of further downward ...

CryptoStar19

To dollar cost average into reputable projects (BTC, ETH, ADA, etc.) and hold.

Same advice as ever before.

CryptoStar19

Because it is the bitcoin price action that pretty much dictates the value trends in almost every other crypto asset out there.

CryptoStar19

When BTC price action is down and the market bearish, that makes it good time to invest in it.

CryptoStar19

Because bitcoin is the safe haven asset in crypto investments.

CryptoStar19

Coin lost or stolen can not be recovered.

CryptoStar19

Coin lost or stolen can not be recovered.

CryptoStar19

One interesting thing to consider is that if ETH permanently overtakes bitcoin at some point in the future, it might mean that the crypto cycle will be decoupled from bitcoin's halving events permanently...

CryptoStar19

Well that's the million dollar question currently. Long-term no doubt we are breaking to the upside, the question is whether there is further downside before that... overall if your strategy is long-term enough it shouldn't really matter.

CryptoStar19

Are Defis legit or just another fancy name for scam?

DeFi is legit in that people are gaining yields on their staked crypto across a variety of platforms. Naturally some of the lesser known ones are risky and may turn out to be scams. So while DeFi is real, one must take care to do your own ...

CryptoStar19

While bitcoin is legal in most countries, it is less regulated than other asset classes. At this point, given how large the crypto space has become, we are more likely to see further regulation on crypto rather than attempts to ban it... and over time this further regulation would only bring much ...

CryptoStar19

Crypto is legal is all but a handful of countries. Where it is banned, the ban can not be enforced from a practical perspective.

CryptoStar19

By learning fundamentals of technical analysis --and using those skills to trade on any exchange.

CryptoStar19

When bitcoin goes down bitcoin would be a good investment.

CryptoStar19

The best wallet for a small business is exodus, It offers portfolio managemant

Agreed. One of the all-around best options for individuals AND businesses.

CryptoStar19

Exodus is a great-looking and well functioning multi-currency wallet -- can interface with Trezor for cold storage.

CryptoStar19

On the contrary, definitely take your time to research an exchange before trusting them with your money.

CryptoStar19

Range-bound for a while now. Just a matter of time before we break out though, hopefully to the upside.

CryptoStar19

Well if you are trading (rather than investing) then the strategy would be the same regardless of the overall bullishness or bearishness of the market: buy low and sell high.

CryptoStar19

It is not possible to recover lost or stolen BTC.

CryptoStar19

BTC has been range-bound for many weeks now. A break above 37k or bellow 30k would be a break from recent ranges.

CryptoStar19

With growing value of cryptocurrencies comes growing criminal activity around crypto.

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