Give me some tips on how not to lose everything at the start
below are the 10 reasons to invest in bitcoin based on my own view. 1. cashless transaction 2. profitable investment 3. protect your identity/respect your privacy 4. easy trading 5. continuous growing of market 6. It is decentralized 7. less tax on your purchase 8. Fast way to achieve your 1st million 9. safe and secure 10. long term growth potential Take note that risk is always present when we are investing, so its up for us to to deal with these. educate your self in bitcoin market /trading by doing research and a lot of reading before investing. always remember that invest or spend only the money that you can afford to lose. |
|
|
|
|
I prefer to call it bitcoin . If they will changed the original name of bitcoin, these will create confusions to other people especially the nhewbie and people not much aware what is bitcoin. It should not be changed to whatever names it should be BITCOIN only for the sake of generality.
|
|
|
|
can you share with us which information sources you're using to stay updated with cryptocurrencies?
One of my information sources to stay up dated in bitcoin news is cointelgraph website. Every time that there is trending news about bitcoin, they automatically send notification to my email. Some other sources are this bitcointalk.org, TheBitcoinNews and coindesk. They are all good sources of information’s and stay up dated into the crypto currency world |
|
|
|
Hey fellows!
Let's collectively predict the ETH price for the 1st of December (2017).
What are your thoughts on this? 🔮
I think ETH would hardly hit $500 by the end of this year. There's a big chance for the ETH to hit $500 if the investors from BTC will shift to ETH, but in this moment of time it is impossible to happen due to the negative news from different countries that are against into crypto currency. |
|
|
|
Never Invest More Than You Can Afford to Lose!!!
Absolutely true! We all know that the price of bitcoin is not stable. We dont know when the bitcoin price will fall or go up. Its a matter of timing and good luck . If you want to earn huge profit ,you must be willing to take also the big risk. |
|
|
|
I still confuse what legalize is. Does it mean that user can free use bitcoin even for offline payment? Or goverment can track and control bitcoin itself? If we can use it free and under law, its good news i think. But the opposite, government control btc then its bad news.
They will legalize it means,their goverment can freely tract transactions eapecially the suspecious one as this bitcoin can be use to fund illegal activities or funding terrorism. We can still be able to use bitcoin their aims only is to tract our transaction. |
|
|
|
How will you explain bitcoin to someone who is just hearing this word for the first time.
Or someone who has heard about it but still don't understand how it works.
Can you explain bitcoin in the most Simple way?
I will used the internet to explain to him/her what is bitcoin and usage of bitcoin in every day life. then if he/she already have an idea, I will teach him how to earn and invest in bitcoin to gain profit. |
|
|
|
Hi all experienced people in this forum, kindly give me advice how to succeed in my 1st bitcoin investment.
I am planning to buy my first bitcoin. my plan is to hold it until the bitcoin price become more higher this coming month or year.
I bit worried because the money that I will used to buy my first bitcoin will come from saving that I earned for how many years of working.
Kindly help me what are the things that I need to do or consider in order for me to succeed in my 1st bitcoin investment.
Since you guys are more experienced in this business, kindly give me advice that will help me to decide and boost my confidence.
Best regards,
Note: Your suggestions/advice will be highly appreciated friends!
I in my own opinion the first thing you need to consider are: 1. Make sure you have secured bitcoin wallet 2. Conduct query, research or reading to gain information's regarding bitcoin since you're a newbhie 3. Check the bitcoin price /market status before buying bitcoin. buy when the bitcoin experienced a price drop, but you have to wait for that. 4. Don't invest all your saving to bitcoin because the price is volatile, meaning we don't have assurance of 100% success or profit all the time. 5. Monitor your profit or loss everyday so that you can make good decision with your bitcoin investment if there's sudden changes of bitcoin price. but I suggest to wait and stay calm. |
|
|
|
regulating bitcoin is food for the government,not just having taxation it can help them to lessen bad elements in country.but the question is..can the government really regulate bircoin?well ita too soon to tell If a country can shutdown bitcoin , they can surely regulate it as well. |
|
|
|
What is your daily routine that you do in order to earn btc and altcoins?
Some people use their time to earn crypto with bounties or trading, but perhaps there are other alternatives not known for many yet?
Aside from investing I also do Ads per click but the payment is so little only .. other that I am actively participating in other site where in they offer job like i.t related ,graphics designing etc and they pay bitcoin. |
|
|
|
|
I dont think the fiat currency will crashed. Fiat is established for so long and it is supported by the guidelines and law in each country. It is impossible that things will happen soon.
|
|
|
|
For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.
How about you guys? Is it only for the educated and knowledgeable people only?
They created bitcoin is for all of us , we can use bitcoin whether you are educated or not. We can use it in way of buying goods or things that we loved. but if we use bitcoin in a way of engaging like in gambling or trading ,its really requires education and the person must be knowledgeable to gain more profit and especially to minimize the possible loss in capital.In general thought as much as possible we must we have gain knowledge on what is BTC is all about like how to use it to buy things online, but it is not necessary to go school just to be educated. You can just go to your laptop or phone and make some reading via internet. |
|
|
|
|
As of this moment, its not the right time to advertise the bitcoin into the Television, because it must be legalize first in a particular country. Surely the government will not allow to advertise bitcoin in TV because it is not yet been regulated by the government or there is no law yet. But it is a great Idea to advertise bitcoin in TV people will be aware more what is crypto currency is all about. for now I haven't see any advertisement of bitcoin played in our local television.I frequently see bitcoin advertisement thru social media like FB, youtube ,twitter ...etc..
|
|
|
|
yes definitely will reach the $7000 mark, today as of writing price is more likely $6138 ( https://www.coindesk.com/price/) it will surpass it by the end of the year, however we all know bitcoin price is unstable but still the price is significantly increasing. |
|
|
|
Thanks for those who shared they thoughts,This would really help me to answer our reaction paper in school about the possible good/bad impact of bitcoin in countries economy.  |
|
|
|
|
Just wanted to know people ideas on what is the good and baf impact of BTC in the economy of a country. I am glad to hear different views regarding this matters and get some ideas from the tenured people in this forum. Your opinions/views are highly appreciated.
Regards,
|
|
|
|
|
Bitcoin is already advertise on social media especialy facebook. . You know why some people are dont believe in bitcoin?,its because theres a lot of scamming related to bitcoin like fake mining ,scam investment .. and alot more. Scammers use social media to scam people thats why people has doubt with bitcoin but your suggestion would be a great idea,our testimony of earning thru bitcoin will convince our friends to believe that bitcoin is real and not merely scam.
|
|
|
|
Weeks ago, I am discussing Bitcoin to my sister and my future brother-in-law (then) When they got married recently, both of them were unemployed and have been trying to get a job immediately after their marriage. Up until now they have no luck. My sister then decided to talk to me about how do I earn Bitcoins. I gladly explained it to her and then she decided to do it too. She was so happy that she is already earning bitcoin and had some extra budget while they are both unemployed. And now, she is so eager to learn more how to earn more coins.
Being unemployed drove her into engaging to Bitcoins. Maybe some people are like this. They grab Bitcoin when they are in need of money. And since that these people are now engaged in Bitcoin, I am sure that they will stay in Bitcoin and treat it as an investment even though they will have a decent paying jobs in the future.
Maybe they dont have no choice since they have no luck in finding work . I think for me theres no lack in finding job?.. better to do evaluation what is the skill of your sister then use that to find work .there is always room for those people who are willing to take everything just to find work. Dont ever depend in luck. advice them to invest in bitcoin and traiding but they need them more knowledge regarding bitcoin business. |
|
|
|
|
Show Posts
