Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees. Bitcoin has no border from one country to another that is why it is accepted all over the world. Based on all these aspects, do you think bitcoin has a role to play in the future? Share with us what you think? thanks  They say that bitcoin is the future money. Who knows, if some banks will accept bitcoins in the future? And that will be exposing bitcoin in more people, as of now, many people believes in btc but there are also believing it is a scam because they don't know what bitcoin is. I think if the banks accept bitcoin, people will believe with bitcoin and they will invest their money in bitcoin. but although now there are only a few countries that accepting bitcoin, people still believe in bitcoin and they still buy bitcoin because they know that bitcoin is the future of the money that will solve their problem in finances. so bitcoin has a role to play in the future and will spread among the people and bitcoin will growth more than before. |
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When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000. A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investingEverybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading. did you read this articles or not because you really don't understand what article means and inside it already mentioned that buying bitcoin and keep them wisely untill the particular times will makes you became an millionaire and i think that make sense because the price will high year by year so directly the profit will so huge and i think this is also good options and currently i'm consider to try it Holding and act bitcoin as investment is good option to make wealth. Bitcoin growth year by year is really amazing, and for some people they make bitcoin as their invesment instrument. I am believe there is no instant profits but you need to have the patience to wait for the price increase and don't panic when the price is down because what I see in out there, many people become panic because they are seeing the price is down too deep and makes them sell their bitcoin too fast. and if we choose bitcoin as our investment, we need to have strong hands to hold our bitcoin so we can sell the bitcoin at the right time which is when the price increase higher. |
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Well this is one example that success in life doesn't need educational attainment and "right" age. He believed in Bitcoin that'll pump and chose to invest rather than to have cash. This really one wise choice, though he dropped out, he still got successful.
bitcoin is out from the ordinary job and every people have the same opportunity to make money from bitcoin but they need to work hard with the jobs. every people has a chance to make unlimited income from bitcoin no matter what is their background. the important thing is they have a passion to work-related with bitcoin and cryptocurrency. |
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Holding is very good. But nowadays some ICO don't have fute.
I don't think that holding some ICO will give a good profit in short-term because the ICO need a time before they can reach the highest price. for me, I think it is better to sell the tokens after it's launch on the market and wait until the price is getting down too deep. but for some altcoin that is already launching in the market, I think it is better to hold the coin but we need to choose the right coin to be held because we need to find and analyze each of coin that will bring some nice profit in the future. |
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Yours investment is bigger when i first start, so i have only one advice for you: dont check balance more than 2 times a month!
this could be good if he decides to be an investor only and doing the daily trade because he could be stress to see his balance up and down too often and I don't think that he could be strong enough to wait the price increase higher. and if he can buy bitcoin or altcoin, then maybe I can give a suggestion to hold it and not sell if the price is not moving into the high price. |
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Many investors store bitcoin for quite some time and due to this have a very great success. This is the safest type of investment and I also prefer to do so.
if that person could buy bitcoin at a lower price or last 3 years ago, then holding bitcoin is great for him but if he buys bitcoin at this year, maybe he needs another year to hold his bitcoin. although we can see from the bitcoin history that will increase high for a long time, we need to have a strong patient to hold the bitcoin. but I don't think that bitcoin is the safest type of investment because of many people still afraid because of the price that is up and down too often and it always changes from time to time. |
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like everyone, I am waiting for etc to reach $100 and even more than that. I see etc have a good chance to rise at $500 and will be followed ethereum. maybe etc will like the zcl which also could increase until more than 0.01 btc so I expecting etc could jump into that price but the problem is we don't know when the price will increase. we can only buy and wait for the time it comes.
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It was increasing slowly, now a little correction is happening, let's see for how longer...
Almost all the Crypto market is red at this moment!
Chinese new year's holidays are finishing, maybe just a coincidence?
I hope the altcoin could increase high one more and then bitcoin price will follow to reach and make a new high price too. and yes, almost all altcoin is in red sign and I hope this is just temporary and it will increase later but I see that there is many people don't have the patience to wait for the price and they make a fast selling in altcoin because they don't want to make a bigger loss for holding their altcoin. |
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higher or not, bitcoin price will reach that price in the future and I think it will to go there if the time is coming and we can wait for the price. while the price is going to go that price, I see we still have the opportunity to make a profit from the different buy price and sell price so if we can use this, I am sure that our profit will bigger than before. and if we can have a big amount of bitcoin and the time is come for the price to reach the higher price, we can make another profit for the money.
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maybe yes and maybe not and it is depending on each person purpose when he decides to buy bitcoin. but if bitcoin is approved for the payment for some merchant then I think bitcoin is like another business and people will use bitcoin to pay something that they buy on that site. bitcoin will be like PayPal, credit card, debit card and else and will be a new option for the payment gateway.
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you should not take a decision by looking at the condition for a moment. But think for the long term and not the closest prediction. because of the rapid price fluctuations. I suggest to split your investment more than one Altcoin.
and if he can play with the long-term, then he can make a lot of profit from just one coin but as you said, I agree that he needs to invest in more than one altcoin so he can make more money. he needs to always manage his emotion by not attracting the price if somehow the price is down because I am sure that the price will always back to increase again. my suggestion is he doesn't need to always check the price that could make him be panic to see the price and attract him to do fast sell. he needs to know when is the right time to sell his coin. |
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Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
The situation of Bitcoin now is getting better but I still sure that there will be another correction, so still need to watch out, the trend is getting more and more positive, the support from the investors and governments are quite positive but to reach ATH still far, however I am positive that it will happen but we still need to be aware that the price could go in any positions even the price could go down again but yes, I think the price now is slow to increase but sometimes it is down for a little and then go up again. I think this conditions will happen over and over and maybe it will stay like this until next month but if there is a good news for bitcoin then maybe the price will increase more. |
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It is not wise to invest all your saving on any I investment no matter how lucrative or promising such investment might look at the beginning. There are inherent risk in any investment and you have to determine the risk and be willing to accept how much of the risk you want to take.
yes, we still need that money to continue our life so we can buy something like buy food or anything else. and if we decide to invest all of our savings, then maybe we need to think about this and maybe we can only use 50% from the totals of our investing and I think the amount is big too for making the investment. we need to think about how our daily life if we use all of our savings and I think we don't want to get a problem with using our savings in cryptocurrencies. |
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even if altcoin or bitcoin crash, the price will be back to increase again in another time. this is happening too many times before and I think we have the same experience too see this so I don't think that we need to be panic for this. we still have a chance to buy more altcoin or bitcoin when the price is crash because we can buy at lower price and we can sell it in the future. but we need to buy only the coins that will give us a big profit later and we don't have to spend our money to buy a coin that will not work well for us.
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I don't think so, If indeed volatility is a bad thing for bitcoin, should the use of bitcoin will not spread so fast as it is now. As it is known, bitcoin volatility has been high since the first bitcoin appeared, but the use of bitcoin has increased over time. It's true volatility affects (PRICE / VALUE) but I think it only applies to a Daytrader or a short-term investment because they are looking for loopholes from the fluctuations that occur to gain profit.
Well it's cryptos nature to be volatile and same with stocks and forex. That's what makes money for traders be it day traders or long term traders. If you know how to play around volatility then you can take advantage of it and make more money. So it's normal and not a bad thing and in my opinion, trading crypto is safer than trading stocks and forex although, from all of that, the price is volatile too and in trading crypto, we can expecting that the price will be back increase and it is different than trading stocks and forex. besides that, in trading crypto, we don't have to use some big amount to start and we can reach an unlimited profit in trading crypto, |
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for now sell bitcoin can not yet be one of the best decisions, but sell bitcoin can be done when bitcoin prices are high. currently bitcoin has not touched the highest price position so hold is the best thing.
it is better to hold the bitcoin until the price reach more than $13k because for now, I think bitcoin price is up and down too often and it's not good if we decide to sell right now. but if you can buy bitcoin at below than $10k then maybe you can make a profit although it's not big and I think you still have another time to hold and sell it later. |
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Too early to tell if the bullish trend will continue but if it stays over $10,000 then we might see more confidence return to the market again
I cannot say anything about this because I think it is better to wait for the price increase again and if it is not increasing then maybe we need to wait for another time but I am sure that the price will increase later. the important here is we need to break $11k and although it is stable in that price, we can make another profit from bitcoin and also from altcoin. |
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maybe this is the purpose of bitcoin for a long-term and because bitcoin cannot be controlled by anyone, bitcoin will be a new currency and work side by side with the fiat currency. I think with bitcoin, we don't have to worry if we want to travel in other countries because we have the same currency and we can also use directly to buy something or pay something because bitcoin can work without any limitation of the places.
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actually, I am not too knowledgeable about this coin but one thing that I know is when I have this coin in my list, I will hold it for a long time, maybe at least for one year and I am sure that the price will increase higher. this will happen too with another coin especially with the top twenty coin in the coinmarketcap so I think it is better to still hold it until the price increase higher.
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I won't say never, but holding instead of panic selling is advised. I remember i did some panic selling in the past.
But after the last dip i know it's better to buy more instead of selling.
You're right, there will be a time that we will need money and the last choice we have is to sell our coins. I guess that in inevitable. But selling just because the price is going down isn't reasonable, because you know that what you're holding has far more potential and if you're going to sell it you'll lose profit. But as long as there is a reasonable reason why you're selling your coin it will always be your choice. The reason why people not to sell their bitcoins because the prices is on dumps. The best way in order to gain huge money is to keep holding and wait the best time to sell your bitcoins. If the time will come ,and the prices is pumps well thats the good way to sell those bitcoins. The price of Bitcoin are recovering after dropped to $6,000. I predict the price of Bitcoin will recover to $12,000 and need to test many times + resistance price before decide to continue its bearish trend or bounce and changes the trending to open new cycle. and soon after the price test to make a new price level, bitcoin will increase higher. the price still needs to stay at the $12k level price and if the price could stay for a long time, then I think the price could increase more than $15k. but I am glad to see that bitcoin price is trying to reach new price again although it seems it's too difficult to increase but the trends now show the uptrends. |
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