Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring. Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest? Is there a chance that bitcoin will be down?
No, it is never too late to invest in bitcoin because bitcoin is volatile meaning its pricr could change in just a matter of time. And yes, there's a chance for bitcoin to be down because just like I said it is volatile. Besides, bitcoin is unpredictable so we don't know when it will increase or decrease.
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Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
You can only blame yourself for not trusting bitcoin at the early stages like they did but here is the thing, If you buy now, wait a few years until we get mass adoption, you will be considered as an early adopter as well. Precisley, it is your fault not on newbies because you didn't put your trust on it at first. But it is advantage for newbie because they have already seen the potential of bitcoin so they earn a high profit just like what you did. However, it is not too late to buy now and hold it for a long time then if you did it is fair.
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I do spend my bitcoins if I have a lack of money to spend. And sometimes if I have want things to buy such as gadget and for my daily transaction I use my bitcoin. However, I didn't spend them all and I leave some of it because I want to hold for my future.
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Hello Friends...
I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.
Please provide Do's and Don'ts during the trading.
Well, I don't think if I am capable to give some advice but I guess I have some knowledge about trading. The most common rule you must remember in doing a trading is sell high and buy low, this is the basic rule in trading. Next is you must control your emotion in order to prevent loss. You ought to be wise on your decision because a single mistake could lead to you loss.
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No I don't think so because paying with cash is embeded in our daily life. Paying with cash cannot be remove nor vanish because it is the old way mode of payment. Most of the people are much prefer to use cash instead on digital currency because store are mostly accepting a fiat as payment.
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Hello everyone I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ? Thank you
Indeed, investing in bitcoin for a long time is a good idea to earn a high profit. Before you buy a bitcoin you should remember that you will buy at low price and sell it in high price in the future. Regarding on how you will invest it, just store it in your wallet for a long time you could also called that investment.
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Fiat money is the most trusted mode of payment which is being used since years.Fiat money has a physical form which means it can be used in any store but Bitcoin dont have any physical form.Moreover fiat money is centralized in nature so the government can impose taxes on the transactions and can identify the people involved in the transactions made through fiat money,but government has no such control on Bitcoin. First of all it will take alot of time for Bitcoin to earn that amount of trust that people have on fiat money and secondly government will not allow any such currency on which they have no control to replace fiat money.
Precisely, it will take a time in order for bitcoin gain the trust of people. Fiat has been used in a long period of time in any kind of transaction such mode of payment in stores and etc. Besides, most of the people is more handy to use fiat so they would rather to use fiat in their daily transaction. Therefore, it will be tough or maybe it will it is impossible for bitcoin to replace fiat
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Hi guys, I've been in the world of bitcoin and cryptocurrencies for some time, some relatives and friends ask me to buy gold or bitcoin to save, and I answer:
1. If you want to be safe without worrying about buying gold, because its price is very stable, at 1200 dollars an ounce.
2. If you want to invest in bitcoin I invite you to investigate what technology is about, I tell you that it is a new technology that will revolutionize the world, it is decentralized, distributed, without control of any kind of government, its quantity is limited. that allows it to be deflamatory, with the passage of time it takes more value, but it is your RESPONSIBILITY if you make the investment in bitcoin, I only tell you the advantages but it is up to you to investigate the subject.
WHAT WOULD YOU RESPOND?
Well for me I would rather to choose bitcoin because bitcoin is volatile compared to gold. Meaning if you invest upon bitcoin there's a chance for your money to get double or even triple. Perhaps, we cannot guarantee if it will exist for a long time but the only thing is for sure thr higher risk you will take the higher profit you will also get.
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I have two bitcoins i need to invest them I'm looking for where to invest Any recommendation
My suggestion is to invest your bitcoin in altcoins but choose those who have a high volume because some of them are just shitcoin. You could also try to invest it in some business offline like buy some shares. There's a lot of ways to invest your money but choose the invesment that you have already knowledge in order to prevent loss.
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Do u think bitcoin in 2018 will be $ 15K?
What is your idea guys?
Well $15k per bitcoin is quite large numbers but who knows, bitcoin is unpredictable it is tough for us to foresight on what will happen on bitcoin soon. However, in my speculation bitcoin could not make it maybe $10k is possible but $15k is too much. Anyway it's just my speculation it might never happen.
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Hello, I have a question, what is Bitcoin mining? actually can anyone explain that what is bitcoin mining? or any source link or article where I can find my question perfect answer.. Your kindness.
Well, I have never been try it before so I have less knowledge about bitcoin mining. However, as far as I know bitcoin mining is another way of gaining bitcoin yet, it is not that risky compared to other transaction. In order to try bitcoin mining you must have a fast internet connection and a hardware that mine bitcoins.
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ? Sorry if my post is in the wrong place or it's not relevant.
Yes it is possible especially if those people who support upon it is gone. Bitcoin is unpredictable so it is hard fpr us to foresight on what will happen on it in the future. Yes bitcoin could go back into its price way back 2009 but I can assure that it will never be zero value.
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading? Are there any people among us who can make a living by trading in BTC?
Yes it is possible but it will take a lot of time and effort before you could get an fix income from trading. First, you must have a higher capital to buy alot of altcoin and make sure it is not a shitcoin because if it is your money will be wasted. Then, if you have already choose those coin you must be updated on the market so you could manage your tarded coins. And if you have done all of that then happy earning.
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What are the things to do to succeed in trade? What are you doing to make your business bigger? How can we make more money?
In order to succeed in trading you must control your emotions and you must be wise on your decisions that you are going to make. And regarding on how we will make more money, we must have a lot patience and be tactful in life. As of now I earn through this forum and so far my earning is great. I also used to trade some altcoins as alternative income.
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What are the processes of bitcoin mining? What are the tools needed?
Buy a hardware mining machine that will mine bitcoin or you could try to mine via online. However, there's only few mining sites are legit because most of them are just scam. I remember my first mine, I earned a lot of bitcoin unfortunately I couldn't able to withdraw it.
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
Based on what I have heared, yes hackers could hack our wallet depending on its security. I remember that there's a time that my classmate's wallet has been hacked and his money was stolen. I think there's is one way to prevent your money loss which is storing your coins in offline wallet.
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Hi guys, Just curious. I bought a little bit a few months ago, for the first time, for the sole reason that I want to invest in Bitcoins, and get a profit after 5 years, maybe 10 years. So I would not need to check the price everyday, as it is of no use for me. But I do, can't help it!
I am not the only one I guess.
Yes I do check the current price of bitcoin everytime in order to make an countermeasures if something bad will happen. It is better to watch the price to prevent the loss of your money. I have a application to watch the current price of bitcon which is blockfolio and it can be downloaded in google play.
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I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?
Please share your thoughts. Thanks.
I am also a student like you and I have no enough experience because I only started last year. But, I have few knowledge about investment actually by just storing your bitcoin in your wallet is also called an investment and even trading. And regarding if you were capable of doing that, my answers is yes because if I can do then you can do also.
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Hi
Are there any websites I can mine via a browser?
There's a lot of website where you can mine however, most of them are not legit and just a waste of time. It is very rare to find a legit minining site compared in recent years. So I suggest that having a mining device is much better than earning in websites.
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I dont think so. In the end game Gold is still a precious metal and a beautiful thing in the eyes of a person. Bitcoin is a different story as it is a very good way to make transactions so as for the better currency the bitcoin would be best of two as for my opinion.
Indeed, I don't think so that bitcoin has a capability to replace gold because first, gold has been using for older transaction like buying goods by our ancestors that cannot be replace because it is embeded in our traditions. But who knows there a lot things might happen in the future.
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