|
Bitcoin was one of the best way to earn capital for your small business. I remember that my friend once use his savings to lend money to someone and he still use this business. I also have a friend that use her saving to build a store. That is the proof that bitcoin can be use to have a capital for your small business and just like them my plan also was to use bitcoin to establish a small business.
|
|
|
|
I know we all can make a good profit when markets are going up but since last, one-month markets are down. So how is your portfolio is doing and are you selling or holding?
Well the suited for this situation is to hold your coins. It is not right to sell your bitcoins since it has now a cheap price and once if you sell for sure you will lose a quite huge amount of money. The best way earn in this situation is try to join in some bounty campaign so that even though didn't do any transaction you' still earning. |
|
|
|
I'll buy some coins, My idea Prices may increase in 2018...Want to know your opinion, I do not think there will be a loss..My previous purchase was something Their prices are much lower now
That was a good idea to buy bitcoins now because it has a cheap price now. Though there's no guarantee that bitcoin will grow in this year still it is better to buy now because for sure will grow soon and it will become enormous. Just hold your bitcoins for a long period of time and you will gain a huge profit soon. |
|
|
|
|
I also believe that Bitcoin can be used an alternative solution for conflict on economy of one's country. It can even lessen the unemployment rate of one's country however, it is just for temporary because bitcoin is volatile meaning if we depend on it the value of our money might change whether to pump or dump.
|
|
|
|
|
Well you should pick those most useful and trusted site like blockchain. Blockchain was tried and tested that is why I choose this wallet. Besides, don't put all of your bitcoins in one wallet so that in case that the other one has been hacked you have still a balance. Having also a cold wallet which ledger nano in particularly will be the most countermeasure for hackers.
|
|
|
|
Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
If you want to keep your bitcoins safely, then buy a hardware wallet. You can be sure that the hackers can't hack your bitcoin if you will use hardware wallet. There are many ways that can help you to secure all of your bitcoins. Indeed, cold wallet is the best solution for this issue. Even though some online wallet are secure still you can't guarantee because there's no impossible for now. As the time passing by our privacy is decreasing because of technology we have now. Anyway, we must be careful to our actions like we must double check the website we are visiting and keep the private key in a safe place. |
|
|
|
If $200 is the only money you have now, it's best not to put it all in, you can put it in your pocket.
Because investing in bitcoin is risky.
Indeed investing on a bitcoin is very risky but remember that if there's no risk then there's no profit and the higher risk the things is the more profit you'll get. But make a wise decision before you make a transaction and invest only the amount that you can afford to lose. I envy those people who take the risk way back 2009 because for sure they are now rich that is the proof that sometimes we must take the risk in order to be successful. |
|
|
|
DON'T PANIC. HOLD YOUR BITCOIN.
I think temporary drop, don't panic, be patient.
Bitcoin price will increase soon.
It's time to buy bitcoin.
Indeed, now is the right time to buy bitcoin because we don't when it will rise so it is better to grab the opportunity. Furthermore, if we have seen our alts or bitcoin in dump stage we must remember that don't ever panic because it will only lead to your loss. In this time, all we need to do is to have a trust upon it and become wise on our decision. |
|
|
|
When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
Well it is obvious that it is better to buy now since bitcoin has low value and it is better for you to hold it for a long time before you sell it. Bitcoin has speculated that will grow soon hence all we need to do is to be patient and wait for the right time to sell. |
|
|
|
Now that governments have a competitor in terms of currencies, do you think that they will make an effort to make the economic system more transparent or will they just try to ban everything?
Well, I think it still depends on their leaders. If that government does not want a competitor or they cannot control it then they will just ban it in their area. Bitcoin cannot reduce corruption but rather will help the economy of ones country a little bit. In every goverment, corruption is embeded so expect that whether they ban or patronize the bitcoin as long as there's a money involved corruption will always here. |
|
|
|
Can bitcoins be converted into cash?
Of course, there are various ways convert your savings like exchanging sites, wallets, etc. I have read an article in this forum how to convert your bitcoin into cash and as far as I know they convert via exchanging sites. Most of the exchanging sites have a conversion of btc into usd, so if turn it into usd then convert it into your local currency. Moreover, here in our country we have a wallet that could convert you btc into our local currency without having a difficulty. |
|
|
|
Some of the gamblers are addicted so much to these casino games so they can't stay without playing even a single day.
I can stop completely without gambling and can control myself.
How about you and how long you can control yourself for not playing these games?
Actually I used to gambling before on casino games and used it as source of income but I realize that I never win that big yet, I lose more than I win. Hence, I stay away from it and find another way to have a income. Gambling will never have a good effect and even the entertainment you will get upon it is just a bluff because how you can be entertain if you will lose. Therefore, just leave gambling because it will never have a good effect instead of profit you will only suffer on loss. |
|
|
|
Guys…
I read the new the Japanese Exchange Coincheck loses ¥58 billion in the hacking attack. It’s not a single case in this after a few weeks ago Etherdelta was also Hacked. So how can we ensure that our money is safe on exchanges?
Just don't leave your coins into a exchanging sites and put it all in a cold storage or to most trusted online wallet. As long as you are not making a transaction don't ever leave your balance to prevent from being stole. Bitcoin has a huge amount yet, it is digital that is why be secure to your saving because online world is vulnerable to hackers. |
|
|
|
I'm not worried, as it has become a tradition that btc price falls in january. Look at the data from the last few years, then you will notice that the price always fell in January. By the end of February or the beginning of March the price has risen again. I think this year will be similar and prices rise again no later than at the end of March. I hope so anyway.  I hope that it will become like before, that is why if we have fiat we should buy bitcoins as long as it is cheap because I also believe that soon bitcoin will rise up again and become tremendous. If your speculation has a high probability to occur then there's no reason for me to worry about it. |
|
|
|
I don't think you need to be afraid if only you invest your spare money the mony you can afford to loose without causing you discomfort in any part of you financial, and family life. Bitcoin has rise above expectations in 2017 and bitcoin still has the potential to do more in this year 2018 but we should not also forget the fact that bitcoin price is always volatile and at that it can not keep going up always it will get to a point when the price will still drop down.
I agree there is no real reason to be afraid of bitcoin and as long as you only invest the money that you don't really need then there is no need to stress about it. And even then i think that there is a really small chance that you will lose some money i think you will get easy money by just being patient. Precisely, there's nothing to be afraid of but rather to be aware on your surroundings. Bitcoin is not that bad, because it is made for online transaction such as trading and investment. Bitcoin is risky but if we didn't take the risk then there's no profit, yet the more risk the things is the more profit you'll get. |
|
|
|
|
I have a lot of stuff to buy with my bitcoins like house and lot, car, gadgets and a to build a business. I want to have a business so that I have my lifetime income and I want a high profit. I want to purchase luxury things. Throught this bitcoin I will achieve my dreams.
|
|
|
|
It is so impossible to trade without any single loss. But the thing is we can compensate every loss thru average down. So do not trade the whole money 100%. Always trade in portion. One more thing do not trade using margin if you dont know how to manage it.
Indeed, it is very impossible for your to not lose in trading, I mean loss is a part of trading because this is where we get experience and this is where we learn. Loss is not bad at all because this will be your inspiration to win back your loss money. If you lost then let it be however, don't let it happen again just learn from that mistake and you will become successful. Nobody's perfect. |
|
|
|
|
I do believe that bitcoin can change everything it can reversed the things that we have now like if a poor guy exposed here in this cryptocommunity for sure this guy will now become rich or something. Just like me I am just a poor guys before but when the time I discover this thing my life has been change, I could now buy the stuff I want and do all the things I want to do and thanks to the power of bitcoin.
|
|
|
|
What do you think should be done?
These days bitcoins are not given directly in campaign but tokens are given and very less campaign give bitcoins purely.
What would you do?campaign or trading?
Why don't you try both of them because when the time you join in bounty campaigns you will receive token and those tokens can be trade to turn it into bitcoin. As of now that is the way I am using because it is very effective and I am now gaining a quite huge profit. |
|
|
|
A little lower, I read the topic of what people think about bitcoin for $ 20,000, after which time it will reach these heights again. But it became interesting, is there anyone here who believes that bitcoin by the end of 2018 will be $ 40000 or more?
Well, bitcoin will become $ 40000 or more if bitcoin will continue to grow. And it is not impossible because we know that bitcoin is volatile so it is not suprisingly if it will go up. Bitcoin grows every each time because of increasing demand. |
|
|
|
|
Show Posts
