Interest in Philippines Economic Zone Crypto License Spikes – 17 Firms Paid in Full.

WHAT DO YOU THINK?

https://news.bitcoin.com/philippines-economic-zone-crypto-licenses/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Wow. This is another good sign of crypto acceptance in the Philippines. I think crypto is never an issue in the Philippine government. Moreover,  the crypto community will also increase due to this move.

Bitcoin investment is one of the most lucrative investments and every crypto enthusiast must at least have share in the Bitcoin investment. It is always smart to diversify your portfolio, thus, allocate a percentage of your investment to Bitcoin and part to alt coins. For the alt coins, you can always go in for the large cap coins which have already gained much roots and trust of the people.

If I were you I would go with diversifying of investments.  Allocate a certain percentage on Bitcoin, to other coins,  real estate and stocks.  This is to minimize losses because Bitcoin is volatile but with high potential returns,  while the others have low rate of returns yet stable. 

Cryptocurrency is the future of all payment method due to the decentralized nature which grants financial freedom and power to the people. However, for it to replace cash or the Fiat, it will take years of awareness creation. Up to date, some people do not have access to internet whereas others do not know how to access it.

I don’t think it is easy to replace fiat by crypto. It would be difficult for some countries or areas with less access to internet.  Aside from that,  some government resist to adopt crypto.  So it will be a long journey before it will replace fiat.

As long as new projects and coins enter the cryptocurrency world, as well as this forum exists, Bounty programs will run. These new projects and old projects which wish to refine their strategies need the help of bounty hunters to spread the awareness across all over the globe.

Bounty campaigns will remain as long as new projects will be promoted.  Promoting the projects in a forum where full of crypto enthusiasts and social media sites is a good marketing strategy that will help draw investors for the project.

Holding is wise and the best decision you ever made if we based the crypto market today, crypto market now is slowly rising up, but it takes time to become green or high again. This is the perfect time to hold your coins and wait to become matured enough and give its full potential.

Note that full potential of a coin means huge profit.

Holding your potential coins would be the wisest thing to do for now because of the market. We can do frequent monitoring of the prices and sell it on your target price to maximize profit. Patience is indeed required in this kind of business .

Reasons?

It is not recommended to store your wealth on one place. Placing all your wealth on crypto will be riskier.  Although it will have a possibility that will make a good profit.  However,  there is also a high probability of losing all your wealth.  So to have lots of place to store your wealth would be safer.

We all know ethereum and bitcoin are potential coin in crypto that results to success. Dying hard believers of these coins are getting panic of the current price I'm not referring to all crypto fanatics.
Because of FUD and in some unpleasant cases until when you believe that ethereum and bitcoin can make you great in financial status?

Let us talk about opinion.

I think hard believer won’t panic during price drop. People who does panic are the new ones which mostly goes with the trend that is why they are in crypto. I think we should continue to be loyal on these two coins until there are still demands in the market. In the first place, we, the people contributes to its demands. Thus, should keep our faith on those two.

Best to do in that reward are sell 60% and hold 40% because the possibility to go high and go low are there but some coins have already value so it's still good to sell and buy if you like. I think base on my experience for holding many tokens here that i received they always go high but it takes time like 3 to months so even you hold it for so long it can have value.

Good point mate.  It is better to keep a certain portion of coins especially those with good potential. But a thorough monitoring of the coins is needed to check whether when is the the best time to sell it.