Bitcoin is considered as a currency because it is a digital currency and you can call it asset as well because it is good for a long term investment. Most of the businessman are investing in this coins because the value is keep on increasing periodically.
It is really very much difficult to categorize bitcoin, you can treat bitcoin both as the currency as well as your asset as well. At the very present time, as bitcoin has not be recognized officially, so it cannot be considered as a currency though it is a crypto currency. I will grade bitcoin as a very useful asset as it is helping number of people in making some very good amount of money and there are people who are considering it as their asset. |
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Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
Not having enough patience would lead to a mistake and a good example is your situation but one thing is for sure, you realized what's wrong and that gives you a lesson about having patience. If you want to be a decent merchant then you should know how to handle these challenges in life. Don't give up, it's not too late. So i think that the patience and holding of bitcoin have got a very strong relation in between them. If you are planning of long term investment of money or even you are planning for holding of your bitcoin, you do need to be very good at controlling your emotions and that too at the hard times. If you’ll not be able to do that, then you are going to suffer in a very bad way. Patience is the only key which can lead you to success. |
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Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
In my opinion yes you buy now because the price of bitcoin is like a rollercoaster up and down. You can invest your bitcoin and wait until the price got high. Exactly! If you are in a position that you can buy more bitcoin right now, then you should definitely go for buying of more number of bitcoin. It will for sure help you in having a very comfortable life in the future. In addition to this, it will also help you in generating of more revenue which in turn you can use for buying anything of your needs or even for investing in some other business as well. |
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
The basic idea is buying when the price is cheap, and the selling when the price is expensive. But, this doesn't work everytime because the trend of the coins, especially weak altcoins are complicated. They're so volatile. All the cryptocurrencies are highly volatile in nature and it is really very much difficult thing to predict anything about the future and that too quite accurately. The most important thing which you need to do is to plan for all the possible conditions which you can encounter in the future. At the time of dump, do not make any kind of foolish decision and try to remain cool and calm. Hold your bitcoins and buy more. At the time of pump, sell them to have money. |
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I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin. Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption. You also have to convince if accept bitcoin will have benefits for the local business.
Yes I agree. Actually it was the first step, the government must legalize first bitcoin in the country. So it will be more accomodating to use for the local businesses. We need to be true, that when the time come that bitcoin become legal to a particular country surely they will put tax on it. Aside from that you should also need to explain to your prospect business the advantage of using BTC as a payment. We really do need to put in some efforts of we want to have things according to our choice. Encouraging the local business market traders is really a tough thing to do as they are not that much learned and it will be very much difficult to make them understand about this concept. We need to keep on telling them in as simple words as we can. Moreover, the role of government and international market carries a significant importance in this aspect. |
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For me only time can saydoes this coin is good or not and nothing else
Digital marketing is a very fluctuating one and nobody can predict the future of any digital asset with accuracy. Sometimes it can be more profitable than your expectation and other times you may face unimaginable loss. The best way to decide whether a coin is worthy of investing or not is to simply look at the present price of that coin, its progress rate and the past value. Try to figure out what people are most interested in. Exactly! almost all the coins which are there in crypto world are highly volatile in nature and it is really a difficult thing to choose the right coins amongst so many coins. The best practice which can help you serve the purpose is to keep on analyzing the present as well as past trend of different sort of coins. In addition to this, you also need to look at the number of people investing in those coins as well as future prediction of those coins. Analyze the information and then make a decision. |
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Do you think it's realistic to find investors-partners for the development of such a project? Alone, it is difficult to pull such a project financially, and for the accelerated implementation of all our plans I made decisions in search of investors.
I would like to hear your opinion: Is it worth it to invest in the media about crypto-currencies and the forum?
I think it will be a really great idea to to invest in media as the majority of people are now using or has heard about the cryptocurrency and they will find it fascinating and also it will speed up you process and will definitely help you in your project. Media is quite a good way of investing money but the fact is you need to have some good basic knowledge about media. Only then things can work out in a way you do want the things to happen. Media is having lot of options and you actually need to make the best possible option based on your own skillset and interest. Electronic media is having lot of fame and importance now-a-days, so it is a good way of investing money. |
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Have you ever wondered how would the world's economy be like in the future as a cashless society? Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more. If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology. Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies. Nevertheless, I would like to know your opinion about this.  I think eventually cashless society will happen if and only if the countries would adopt the digital currencies that circulates around the world and that would be a lot more convenient to do transaction in a very fast and easy way. There will be number of people even at that time who will be using paper money. Paper money is the most conventional money and people are using it since a very long time. There is no way that we can experience a cashless society no matter what the conditions and circumstances we go through. There are chances that usage of paper money might reduce due to crypto currency but even then there will be use of paper money in the society. |
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If you say risky, of course risky. We all know how the risks of trading and investment use bitcoin. the risk occurs due to fluctuations in the very active bitcoin price which leads to a fairly high risk. However, if we want to use bitcoin, of course, we must be ready with all the risks.
It is indeed very much risky thing to do it is not at all a good choice to put all your fruit in one basket. In case something goes wrong, you will be left with nothing and there will be no other option left with you using which you can actually recover what all you lost. So, do invest in bitcoin but do not make such sort of decision which can put you in danger. You need to invest your money wisely, make some part of your saving as it is and invest rest of the money. |
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Not sure entirely because I don't really like to do day trading. I find it puts more pressure than necessary on me and that often times helps me make the wrong move which is unfortunate. Therefore I like to hold onto my coins and sell them all at one exit but I can see how day trading could be more profitable if executed correctly.
Day trading and holding have also got their own pros and cons, so day trading is quite a hectic thing to do but you can get the profit on daily basis. It does involve lot of efforts and hard work. On the other hand, holding can give you some good money but the only condition for that is to keep yourself under your control. Moreover, you will not be able to get money on daily basis too. So decide accordingly. |
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Btctalk name: Tungsten-1
Rank: Full member
Current post count: 458
BTC Address: 1BHoEcXnDyXRKmsP9hu2GEAkfxEgKW4fCL
Wear appropriate signature: yes
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The Russian minister of communications and mass media said yesterday that the country will not consider the legalization of digital currencies like bitcoin. However, Nikiforov added that it is "quite possible" that Russia could consider using blockchain technology, as well as various digital tokens. However he did not provide any context in which the technology might be utilized. What are your insights about this? Do you think it's really not possible to legalize Bitcoin in Russia? Source: https://www.coindesk.com/russia-will-never-consider-bitcoin-legalization-says-minister/I think bitcoin don’t care about Russia because bitcoin have accepted by some other big countries and they are also rich countries and the good thing is some of them make bitcoin legal and still more countries are trying to accept bitcoin and want to make bitcoin legal, so I think if these countries are not interested in bitcoin so bitcoin can survive without them. |
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Now, i so not really have a obvious plan for bitcoin, but i'm just considering coserving the maximum possible of cash and seekig to invest them in the right time so when i really feel that i can obain a large win from bitcoin.nnt
I think everyone have a plan to do something in life and I have also a plan because in this year i just buy bitcoin when I see that the price is low and I keep them on hold this year and my plan is to sell out all my bitcoins in next month because I know that the price will make a record and then I’m sure that i will take a very good profit and finally I will start a new business and I’m sure all these bitcoin are enough for me to start a good and new business. |
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I think it's better to hold your bitcoin than trading because your bitcoin can beat, But by bitcoin buying is steady and you're just waiting for the price to rise.
Saving could be right but it is the safe of the bitcoin a lot of the people have started the bitcoin business, it is the main point where a lot of the people are buying the bitcoin and they are making the bitcoin profit, I know it is the new age and all the people who are investing in the bitcoin are going to be rich tomorrow so it is the time to make the policy and arrange your money for the investing and the saving. |
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Bitcoin and decentralization overall will increase unemployment, because there will be no need in mediators and third parties. These people will have to look for other opportunities to survive
No it is not the time to increase or decrease the jobs and the bitcoin helping a lot of the people now. I can see the bitcoin is having a lot of the increasing value, I hope the bitcoin is helping all the people if they will buy the bitcoin and will hold for the long time I can see the growth of the bitcoin I can see he bitcoin is now giving us the high value of the money and the bitcoin is the source of the earning for me. |
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Buy when the price is low and sell it when the price is high. Or take a risk and just make a plan or strategy.
It is the just common sense that the bitcoin should be buy when the price of the bitcoin will be high and sell when the price is low it is not the good thing to hold for the long and long and never sell but at least selling the low price and he panic selling is not god just hold till the price of the bitcoin is low and sell it when you see the bitcoin price will be high if amount of the bitcoin will help you then you will be happy for the holding. |
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If you want to open a bazaar.You should plan a survey on what is in demand or what are the people need and want.
It is very important to know the need and the demand of the people because the if you will start the business in the bitcoin without knowing the demand of the people then it will not be possible for you to have the profit in the bitcoin now the demand and the income of the bitcoin will be high and the bitcoin is helping a lot of the people now, I hope the bitcoin will give you profit but still you need to be careful. |
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Not this time because the price is to high maybe when the price is lower and I will still buy bitcoin if I do have enough money.
You are right the bitcoin is now bewaring more famous and it is the time for the bitcoin price to increase and get a lot of the profit, I am sure the bitcoin will be high with the passage of the time. I will never not stop buying the bitcoin because it is the bitcoin price will increase more and more I hope the bitcoin price will touch the high value will help the thousand of the money I am sure it is the high price of the bitcoin. |
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I wish someone will give me 1 bitcoin as a gift. But if that happens, maybe i will put it on hold and take the rising opportunity now. Its a gift tho I will not lose but ill make it double.
It will the best gift for sure because the demand and the price of the bitcoin is now very high and it is the new age where a lot of the people are buying and the selling the bitcoin so if the person who are having the bitcoin will give me the bitcoin as a gift I will be the great full to him and I will save the given bitcoin for the long time because I am able to have it for the long and the long time now. |
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Not everyone has the same idea, let alone about bitcoin and if anyone does not like bitcoin, I will not talk about anything and I keep quiet because everyone has the right and opinion about bitcoin, it's a shame because they are the wrong people in assessing bitcoin.
Yes for sure everyone has the change idea of the bitcoin, it is the new age and the bitcoin is the best currency for it, I am sure bitcoin will increase more and the use of the bitcoin will be more common, in the coming age now a lot of the people are making the bitcoin and the currency of the bitcoin will be world famous I know the bitcoin and the bitcoin user will help the people who are using the bitcoin. |
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