Yes, bitcoin is not gambling, bitcoin is a track record, and you can make the investment by analyzing the market.
Track record is a bit vague terminology, so I think the best word which is used for the bitcoin is block chain system. The best thing about this system is that it doesn’t need audit because it is being audited by different people around the world at the same time and the numbers matches every time. As far as gambling is concerned, I think gambling is pure luck but this system has knowledge and luck both of the factors. |
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Why should people invest in bitcoin? I think everyone has different thoughts. I think investing in bitcoin is very good and can potentially benefit in a relatively short time. Bitcoin has also become a currency that interest many and they all buy and invest it. that's my opinion.
Your opinion is really worth listening to, I think its one of the critical way to think like that. My opinion is that if we start reading the history, the currency has kept changing with the passage of time in every era. So now is the time when currency has to be taken to another level as the fiat system has a lot of complications involved in it. So bitcoin is here to provide us with that opportunity to shift our currency system. |
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depending on the situation,
for now, I chose to sell altcoin and hold fiat, because my prediction btc can still go down to $ 4000.
and I will monitor the situation, and buy back if the price has reached my target
For me I just hold my altcoin and Bitcoin, this is usually happen even before, this is the right time to test your self if you can handle your emotions, most of the time new traders get panic if they saw Bitcoin is continue falling down, they end up selling their alt coins which is bad, if you still have funds for your other transaction just let your coins in your wallet, I assure after dumping, there is always pumping maybe not today but for the coming months,  I did the same thing too when price are goes down I prefer to hold my coin and wait for the increasing of price. I already used to this situation since I have been in this kind of world way back 2015, so I learned from my past experience to not panic when like this situation is happening, and have patience too. Nothing special is needed. Calming down a bit is the best thing help you during market fall. This help you think more accurately about your further and next strategy. And minimizes the risk. What will you do when the market will go up? If you will sell the currency when market will go up, then you must purchase once the market is going down. Bitcoin almost touched $20 k and it came back, so if you have already earned some profit from that then just stay relax and wait for some time because it will surely bounce back with more profit. If you are not a day trader, then just forget about the market and concentrate on your profession for some time as a distraction. |
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Dont quit your main job to trade crypto. Just doing your work in office and do it trade crypto as a side job. Because trade crypto can do in any where and any time. I think is better than trade crypto just as a side job.
Your decision has to be the best one for you, if you office is paying you enough so that you can live a good life, then don’t change it because it will effect you by your professional weakens and if you think that your pay isn’t matching your work, then you must switch your job or start trading as a full time. At this time, the market is full of fluctuation which can give you profits by day trading but for that you got to have minimum $10k to fulfil your needs. |
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Through social media. You can post using your fb, Twitter account to spread throughout everyone.
Social Media is the best way to promote your promotional links. More ICO and projects had successfully reached their soft cap and even hard cap just because of social media promotions. And this is very proven. Yes, social media is the best tool and there is no doubt about this, but yesterday or day before yesterday Facebook has banned all the advertisements related to the crypto currencies, so now if you want to advertise the products about crypto on social media, then you do not have the option of Facebook. Other apps can be used like twitter, WhatsApp, telegram but for them you will have to reach the people in a manual way. |
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I don't think we will see any positive return in bitcoin price this February, my focus is in mid year. But if the unexpected happens (i.e rise in price) I will be very happy
Well if it takes that long then we'll have all the weak hands flushed out already and those left at the ones who pretty much understands how things work with crypto. Though i won't say that a rebound would be unexpected this month. We can all be smiling before february ends also Yes, there are chances that it will increase sharply this month because the new year celebrations will be over in china around mid February so the investors will return back and the price will go up again. There is another aspect about legalising the crypto in some parts of Asia, if those countries put a ban, then I think the price will stay like this for a bit longer until the volume of the bitcoin does not cross 20 million. |
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Gold is stable at this point, bitcoin is not...but in few months it could become bigger than gold and people will consider it instead of gold
IMO if the bitcoin gets stable at some point, even then it will not be able to change or replace the gold from the market. Yes, there is very bright possibility that the bitcoin will become another royal thing or precious entity of the market but replacing any physical thing will not be possible for the bitcoin. Presently bitcoin is around $8 to 9k, which is costlier than gold but still people do not compare gold with bitcoin. |
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1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
Leaving your money in exchanges or online wallets is a very common mistake as well, people do so since it is way easier than to store your own wallet and you can have access to your money anywhere in the world but the chances to get hacked are way higher because of that. This is the most common mistake made and getting online hacked is the major reason for highly recommending offline wallets. Offline wallets are expensive but the level of security they provide is unbeatable. Hackers can have access to your hard earned money only when you are giving them chance by staying online and keeping your money on electronic forums. Moreover never ever go for those sites that offer free coins. |
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Sadly, there is no guarantee that such a thing can't happen. In some countries, bitcoin doesn't pose a threath. Also ,it doesn't harm the economy. At least, not yet.
But, for other countries that are facing problems, it is indeed a threat. Some transactions need to be tracked, for people 's safety purposes. For example, imagine that an assasination happened. The government caught the hitman and the money he got from the opetation. They want to track it. If it is in bitcoin, they can't. In that case , they will just prohibit it.
What i want to say , nothing is certain, because its happening , depends on too many variables.
For sure, this matter of bitcoin legalization and illegalization throughout the world is not a small thing. It is moreover dependent on various factors such as the government system of the state, economy, crime rate, demographic variations etc. so it is not easy for the state to take nay solid step in short time. Here I will appreciate those countries that have declared bitcoin legal because they are step ahead from others in understanding the need of this action. |
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i like it a lot because this crypto i change how to make study hard.. like when im schooling before, and now same crypto before you move forward in all coin make sure study first. in crypto i make profitable income he even not much. also all ico token its like a lot also they also make your profit if you joined thier project.
Of course I do. How could I not like something that is a potential source of income. I have earned a lot because of cryptocurrencies, and I believe that I wouldn't have any of the things that I bought if I only had my job. Thankfully, there are cryptocurrency activities that would help me in earning money. I don’t know those who hate crypto currencies are from which planet or in which world they are living. They should realize that following traditional methods of earning money are not going to help them in achieving their goals and during their dreams into reality. We should keep in mind that bitcoin is the most amazing invention of this century and it is not less than a blessing for tshoe who are ready to believe in it. |
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This is really a debatable topic. For those people who have the advantage of wealth must come the initiative to help other people in need or what we call charity. It is true that they must do it, still it doesn't mean that they have to do it. We are talking about their money and they are the only rightful owner to decide what to do with it.
That’s is the damn wrong perception we all are holding and this is why the level of charity is decreasing in people and we are unable to eliminate poverty form the world. Everyone is saying that I am the sole owner of all my wealth and no one can inquire me about the ways I am utilizing it. These people should be answerable to state for foul expenditures. This is no way that someone is dying of hunger and the rich is not helping him because it’s his wealth. |
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Bitcoin is already a big thing but it doesn't mean that it will replace fiat. Bitcoin is best for investment because of volatility and as cryptocurrency who works online. But still fiat would still be the main currency all over the world. So no need for arguments on this issue over and over again.
I don’t understand what made you think that fiat is irreplaceable whereas the whole world is well aware of the fact that in developed countries, most of the people are relying on their debit and credit cards. People are already very much dependent on plastic money and they feel burdened for carrying cash with them wherever they go. Crypto is even a step ahead of plastic money. It provides people complete control over their money and high level privacy. |
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when I feel there's a chance that coins will drop. To secure my profit i will cash out some of my profit every month from crypto for daily needed and also to make investment in others asset like gold and real estate
Securing of your profit is far more important thing than that of earning of profit. If you will not take good care of the profit which you managed to earn somehow, then all your efforts will go in vain. You need to be very much vigilant at the time of deciding this kind of thing. I take out half of the money which I get in the form of profit in order to meet my basic needs and remaining amount, I put it back as my investment in order to have greater profit. |
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So out of 100 people that you asked, only 1 agreed with you? That's sad. A lot of my friends are now investing in crypto. Currently, fiat money is still the best way to transact everyday. The advantage if bitcoin is that your money can grow faster if you use it as an investment. Fiat and Bitcoin go hand in hand.
That is the sad truth, fiat is still the best way to do transaction because it is an instant way of doing transaction especially if you are doing meetup transactions and it is also cheap in fees because you will be paying lower fees or even 0 fee to complete a transaction so i think that the cryptocurrencies are just better in terms of being an investment. There is a huge number of people who still believe that paper money is better than that of cryptocurrencies and there is nothing which we can deny about this thing. It is because of the fact that still, there is only 1% of the population amongst the entire world who actually knows about bitcoin and other crypto currencies. Till the time, others will not get to know about it, they will always grade paper money as the best currency of the world. |
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For me, yes, you can say it like that, but when It is in the world of cryptocurrency but when in general, no that is not the next big thing, well maybe there is a possibility.
You never know what will happen in the very next moment. Bitcoin is indeed a very good thing and it is having a strong potential of beating anything may it be crypto currency or regular currency without any difficulty. There are likely chances that this world will see bitcoin as the strongest currency in the entire world may it be regular currency or any other currency. Bitcoin is surely going to have a very splendid future. |
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I know, we all have different strategies and DYOR, but can you share "a little" of your ideas here? just.....a tiny, little hint for the newbies and not-so-good-in-trading people.   We all are human beings and all of us are look at the things in a different manner and thus decide the things according to their own perception and understanding. The only suggestion which ca work out in your favor at the time of choosing some good coin is that chose coin which is best suited to your area of interest. If you are planning of day trading, then go for ETH or altcoin. Else, go for bitcoin if you have made up your mind for long term investment of money. |
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I think you should hold your bitcoin because I'm sure the price will pass $20k this year. It's just a speculation but it's worth having patience
Holding is the best option for the time being also, nothing good can come by selling out bitcoin at the present moment. Indeed, December was an unexpected month with respect to bitcoin’s performance and those who sold out their coins at that time did earn profit. But what is even better than simply keeping bitcoin is buying more of it. Yes sooner or later, bitcoin will be rising 20k $ as it is predicted. |
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I have 70 BTC now (average price 7500 USD)
HOLD or SELL
I`m very worried about Bitcoin Cash.
I prefer holding is much better than selling. But as per your need you can take actions. In emergency if you need cash the sell it. As per my opinion holding is like reinvesting your money. Hold it until price makes you happy. If you have BTC then don't think to invest in other alt coins just hold the BTC and you make your amount double. 70 BTC is a big amount, almost equal to 7 million dollars if I am not wrong. This price can be thrice if bitcoin are hold a little longer. It is predicted to touch 30k dollars this year and even if this does not happen, bitcoin will become this worthy in next year for sure. This is the worst scenario case but personally, I am of the opinion that bitcoin would cross even 30k dollars. It is starting 10k dollars this year and the closing price would be far greater than the opening one. |
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There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
If the dollar fails BTC and Crypto will be in a good position to take the throne. Yuan will probably be up there but crypto may make a surge. As far as I know, there is no direct connection in between bitcoin and dollar. Dollar is being used as a conversion unit to value the worth of bitcoin in term of real money. I don’t really think so that the market value of dollar will fall down but if it happens, then this thing will work in the favor of bitcoin as it will give more boost to the worth of bitcoin and it will go even higher at that time. |
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If you are gonna quit then fine quit and just shut up about it because apparently most you are saying to bitcoin is not true but I have to agree with you in ICO's are moslty true because many of them are created to trick other people in putting their money in their funds without getting something in return. But the same cannot be said so from bitcoin because it is not created to took advantage of someone's money is created to provide freedom in people's money because money in bitcoin is mostly like the same as the money in stock market if you are an investor in the stock market.
Looks like my friend, you had enough of this garbage, people speeding FUDs and FOMOs about bitcoin. Well, it is not a new behaviors. And also having haters is an indication that bitcoin is doing something great. Let them say whatever they like to but if bitcoin was a scam, how could people earn money instead of losing it by buying bitcoin. It is just that they are jealous of this great crypto currency. |
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