Many people think Bitcoin is a frightening and confusing thing. Is Bitcoin a form of investment that suits you?
Bitcoin is a digital currency that you can use as a form of investment in the hope that the value of Bitcoin will be more expensive, for transactions, or to send money overseas without any cost. Seven years after it was first launched - Bitcoin grew in popularity, and people started using Bitcoin for various reasons.
Whatever the reason, there are some important things before you buy your first Bitcoin. Here are 7 things you need to know:
1. Bitcoin price is based on supply and demand
2. The amount of Bitcoin is limited
3. Every transaction made with Bitcoin is 100% transparent
4. Choose simple and easy access to your Bitcoin
5. Store your Bitcoin safely
6. You do not have to buy 1 Bitcoin. You can even buy 0.00000001 Bitcoin!
7. Buy Bitcoin as a form of investment, but do not spend all your income on Bitcoin.
this is true i read on other thread and planning to sell his house to buy bitcoin rofl, invest what you can dont invest all of you resources. |
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you have a great sight of what bitcoin was, bitcoin volatility was there but there ia a lot of fake news will hit bitcoin in near future let be aware that if the bitcoin go up there will be one news will destroy and bring bitcoin down again it has done repeatedly.
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maybe.. it is not impossible how ever bitcoin takea a year before reach another high price just like in the graphs of bitcoinin the last 5 years.
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based on the article i read bitcoin is a trial purpose only but satoshi didnt expect the reaction of the crowd about his experiment satoshi is unbelievable even his/her their identity is still unknown.
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i think because of fud news, we think that only fools affect fud news how ever it takes effect on the market to go down that is my theory
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Bitcoin is the most famous and the no one crypto currency today. It hold the highest market cap in crypto industry. Also it use very advanced and secured technology, Block chain to operate. Lots of people's use bitcoin as a investment factor. This cause to maximize the capital of Bitcoin. But how long Bitcoin will survive in this industry ? Because lot's of government try to manipulate and control the crypto currency industry via introducing new regulation. As a country some one can do vast harm to bitcoin. We saw some of in past. If Bitcoin fail in this industry it will be a biggest financial crisis in this century.
well i dont think that bitcoin cant survive even the price was the worst. and what are you saying that if bitcoin fail the financial crisis will begun? i dont think so but if you invest all your money to this then you are in trouble if that will happen so pray it will never happen. |
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I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.
What do you think guys?
i will not put all of my money here, i will invest in bitcoin but not in the case that all in, i will investing to somethinh that become a main source of income and that is not bitcoin because bitcoin is volatile |
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His mentioning does make no sense, I can't see any relationship between kanye west and cryptocurrencies, he is famous person but I am sure he does not know about bitcoin and mention it like most people.
qi am agree with you manh of famous celebrity and other commonly known person talk about bitcoin, however we dont know if they used to investing bitcoin or not. |
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they dont know bitcoin like we do, atleast bitcoin is not a pyramiding scheme . however i would not talk to them i discuss once and that is final if they say bitcoin is a scam what will they lose if they know how to manage trading, and there is a lot of free $$ in airdrop so what is there proof that bitcoin is a scam?
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I am in Nairobi and here we have cheap electricity that enables us to mine and get better rates. I pay about $ 0.1 per 1 kwh which is very cheap as compared to many countries.
I guess making bitcoins in Africa could be a very profitable project for heavy hardware investors. What are the rates in your country ?
wow, internet speed was fast too am i right? i hope miner there have equiped by the best rigs if in my country electricity was not that cheap but not expensive though, goodluck for mining |
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mark is such a brilliant person its not imposible that it will launch their own coin facebook has a really really big potential and popularity it will be big if its happen however we cannot sya that most of facebook user will be interested in some cases some countries ban bitcoin. |
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there was a thread or section when you can look up for new ico, moderator is not the responsible for reviewing project it was us, dont be too lazy.
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massive report will do, but why we would do that, and bitcoin cash is not a scam tgere is a lot of investor of that coin , it will never became bitcoin because that is bitcoin cash nothing will change except prices, i have something to say to those people aiming too high in bitcoin cash or hoping too high, it was a risky moves what will happen when you buy it in high price and blow like a bubble like what happen in bitcoin but bitcoin still recovering and still running there is not the worst price bitcoin by the way.
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in my opinion maybe yes maybe not.. bitcoin is so volatile so can not just say bitcoin reached that price. but it will happen it has a potential.
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well i have faith in bitcoin if you were trying to manipulate people by your theory maybe you can fool some but not all of the people. bitcoin is still last long until it has a blockchain.
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well i have faith in bitcoin if you were trying to manipulate people by your theory maybe you can fool some but not all of the people. bitcoin is still last long until it has a blockchain.
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in my opinion i hope it will be greate year for bitcoin and i am hoping to increase the price.. the blockchain is extremely evolved and faster and cheapest transaction fees. sobit will be great if the price returning to 18000$ maybe it will go upto 20000$ we hoping that will happen
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in my opinion if it will happen it would be greate maybe more than silver, there is a fact that bitcoin can go pass through either gold but that was my only theory.
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