For me currency and asset is same . bitcoin is asset becuase many people keep it for their future money and because of this value people use this to buy anything that they want like paying bills or buy a stuff . bitcoin is currency becuase bitcoin give a profit to us .
Currently, in most countries we can't use Bitcoins directly to buy things either in any shops or online as well so I think as of now Bitcoin is only an asset or investment. If we need money then we need to sell the asset and use that money to buy other things. When we can buy things directly with bitcoins then we can consider it as a currency until that it is an asset. I know currently, we can use Bitcoins to buy some items online but still need to improve or grow a lot. You are right! It is true that many countries are still not recognizing bitcoin as currency. There are still a lot of stores and business that are not aware to what is bitcoin. We can consider bitcoin as investment and asset. |
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Hi guys , I read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you should face , and its a win and win bet when you hold bitcoin . So knowing that some people selling their bitcoin I feel so sorry for them.
For me it is! It is a stupid decision if you will now sell all of your bitcoins. The bitcoin is still gaining more power, the bitcoin will change the world. We should keep our bitcoins because the value of the bitcoins will increase more in the near future. |
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At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
The real reason why I want high price of bitcoin is because I have a lot of bitcoins. I know that I can generate more money if I will sell all of my bitcoins at expensive price. I currently holding my bitcoins because I am aware that this time is still not the right time to sell it. |
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With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
It is true that the cryptocurrency is continuing to become stronger than before but the power of the cryptocurrency is still not enough to surpass the fiat money. Fiat money will not disappear because fiat money has a important role in our economy. |
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With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?
The reason why day trading is extremely risky is because there are altcoins that can be considered as bubble. You can easily lose your money if you pick wrong altcoins. You should really choose wise altcoin for you to generate income. |
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I'm someone who loves to share. When I discovered blockchain technology a while ago, I wanted to tell everyone. I didn't stop with my friends and family. I told colleagues at work, my doctor, and just about anyone who would listen. Some who got in early made money and were very happy. But others waited until after seeing the massive bull run to invest, and bought at the top. Now I keep my mouth shut because I can't control how people invest. Even though blockchain will change the world, there are still good and bad investments. How about you? Do you encourage others to invest in crypto?
Yes! I encouraging my family and my friends to enter to the cryptocurrency world. I said to them that they can get better lives through patronizing cryptocurrencies. They become interested because of the earnings that I got from cryptocurrencies. |
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I earned now many money from my investment because I overcome my fear of losing money. When I was beginner here in the cryptocurrency world, I afraid to make investment because I don't have trust to myself but I manage to become brave and make investment with cryptocurrencies. |
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The best way to earn money is by working hard and working smart! Cryptocurrencies will help you to become rich! The only thing that you should do is to use all of your knowledge and your skills. |
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Do you think ICO is the best way to invest in?
ICO can become a good investment if you have a lot of knowledge. ICO is a risky investment because there are fake ICOs in the cryptocurrency world! There are a lot of scammer so be careful if you will going to invest your money on ICOs. |
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Some people like the Brazil Central Bank Chief called Bitcoin a Bubble & Pyramid Scheme, how can the bitcoin industry prove this wrong and make sure bitcoin never ends but grows bigger?
We can make sure that bitcoin will never die because many people are now prefer to use bitcoin as their money. The bitcoin is also becoming more stronger and more popular than before and there is no reason for us to worry. |
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The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  I think the main advantage that you can get from holding bitcoin is you can generate big amount of money. The reason why I putted my money on bitcoin because I know that bitcoin will help me to grow my money. |
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How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?
Please, share your thoughts. I'm a bit confused about what's happening right now.
We really need regulations of the government about cryptocurrencies! Many people says that the criminality is continuing to increase because of the digital currencies. The government can prevent it by implementing many regulations. |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
There are many jobs that are continuing to increase because of the bitcoin. The bitcoin proved that it can reduce the unemployment rate in our society. I believe that our economy will become more better because of bitcoin. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
It is really good if you will invest it in cryptocurrencies! You should be aware to the money that you can get through cryptocurrency investments. Many people are investing their money to the cryptocurrency because they know how profitable is the cryptocurrency. |
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I just quit my office job to have full time in crypto world. I split my time of day to work manything: doing bounty campains, researching good crypto to invest, trading 3 - 4 times per week (not day trading) and may be next time i'll learn about mining.
Anyone who has been off work like me can share your experiences?
If I have full time job, I will not leave to my full time job for cryptocurrency trading. My advice for you is do not leave your full time job because you will lose your opportunity to earn profit. |
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So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
It is normal to experience loss, actually I lose big amount of money yesterday! I always thinking positive because I know that I can overcome all of my losses if I will control my emotions for me to create good decisions. |
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You are a beginner and I know that your knowledge is still not enough to do cryptocurrency trading. You must gather information about trading like techniques and strategies for you to make money with cryptocurrency trading. |
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I do not know why! I only think that Ico project is a more modern Ponzi method right now.  How about you, YES OR NOR ? There are many people who are creating ICOs for them to earn money, I think it is the reason why many ICOs are failing is because the priority of the project is to earn money. Investors should be careful when they are creating investment with ICOs. |
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Bounty or Airdrop? what is the most easiest way to earn tokens?
There are many profitable bounty campaigns nowadays! I always picking to the trusted managers for me to ensure that the project is not scam. I earned now many bitcoins because of bounty campaigns. |
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I always keeping all of the altcoins that I earned from participating in bounty campaigns. I believe that it is not yet the right time to sell all of my altcoins, so I keeping it in my safe wallets.
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