I want to know more about BTC but don't know where to start. Can you help me with this?
The first thing you need to do is make some research about bitcoin, such as on how bitcoin works and how you could earn it. There are a lot of ways to earn bitcoin and the one of the source is this forum. In this forum, all you need to know about bitcoin and other digital crypto currencies are here. All you need to do is to put some hard work on how you could learn about bitcoin and other digital crypto currency. |
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If you don't have enough money to invest in Bitcoin or altcoin, joining the bounty program is really good way to have altcoin. Open the wallet and start joining the bounty program.
I guess op doesn't know that you don't need any capital in order to participate in signature or bounty campaigns. It is where everyone started, at the bottom. They try their best to be part of signature campaigns and meet the said requirements. There is no easy way when you're just starting you need to learn how the system works to be able to understand and know what you should do. |
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There are many ways to promote bitcoin but the best way to promote it is through social media because most people are now using social media.
You're right, one of the most influential now a days are the social medias. I think if we really want to promote something it is through social medias because almost everyone around the world has an account and they spend most of their free time browsing these social medias site. We all know that these are also being use in ICOs to promote their product in bounty campaigns. |
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Currently I own a lot of altcoin, I bought them at ico. My account is being downgraded several times. There are many people who say bitcoin will continue to decrease, so altcoin prices also decreased compared to USDT. So now, should I sell them and wait for the price to buy back? Give me advice  I understand what you feel. In order for you to know if you're going to sell them or not just ask yourself first. Do you need money right now? If yes, then sell it. If not just hold. Bitcoin and altcoins are in the bloodbath so it is not advisable to dump your coins. Let's just wait and believe that someday bitcoin and altcoins will rise up again. |
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Hi guys,
I was trying to invest around 5K in Etherium. The price at the moment is around 1.2K and as it looks it is still growing. You think is it a good time to invest ?
Yes. Ethereum has a chance to overcome bitcoin. It would be a good decision if you invest in etheruem especially bitcoin price is unstable while ethereum is still continuously increasing. That's why a lot of people switching to etheruem because they believe that it will give them a profit. But it is up to you but for me I would recommend ethereum as your investment. |
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Bitcoin keep on falling down and no sign of raising. How long can we keep holding?
As long as your mind says "hold". The reason why bitcoin is still conterminously falling is because of dumping. Those people who dumps bitcoin because they afraid to lose profit. We cannot blame them because everyone of us has our own different thinking about bitcoin. But if you are been here for a long time, you already know the answer. |
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Maybe the reason is because Satoshi Nakamoto, the founder of bitcoin lives in japan. Aside from that Japan is the most advance when it terms of technology in the whole world so its no wonder that bitcoin is popular in Japan. It's is one factor of having a advance technology to make bitcoin more popular in Japan that's why a lot people there maybe are bitcoin earners.
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Is it because of the large number of altcoins?
I don't see that the altcoins are the reason my bitcoin is falling. For me, I think those people whose always dumping bitcoin are the reason why bitcoin price is falling. We all know that some people were panicked if they see that bitcoin price is falling and it leads them to dumping because they are afraid to lose profit but actually they already loss. |
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Of course if you want to earn money from bitcoin you need to buy low and sell high. As we can see that bitcoin price is still not recovering from its continuously decreasing price. So I think it is better to invest now while bitcoin price is cheap. But it is still up to you if you're going to buy now because each everyone of us has own perspective on how we look at bitcoin price.
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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.
I think it wont ever be happen. Digital cyrpto currency is just one of the way to earn real money and we all know that digital cyrpto currencies prices are just depending on real money or fiat. So it is impossible to happen that our paper money will be disappear soon. Aside from that, I believe that digital crypto currency cannot make fiat disappear. |
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I want to invest a few more thousands into eos, iota, and aion for the win. Too bad it will take me a few more weeks. I am so drained lol. Anyone else thinking like this? So motivated to invest. But lacking the funds.
Funds is what you need in order to invest because that is what you use to buy some tokens. I think you can also try joining signature or bounty campaigns for you to earn more funds. There are a lot of ways if you really want to invest on those tokens. You just need to consider other options it is only up to you what you're going to do. |
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We all know that involving in bitcoin it takes your time and also money.Is it worthy to risk your time and money because of bitcoin?
Yes of course. Since I started in this forum I never thought that it will be just a waste of my time. I never also use my own money to have bitcoin. I have just use all my time and my efforts to earn bitcoin. There are a lot of ways to earn bitcoin, not just putting your own money to earn it. You just need to have some research where you could earn bitcoin. |
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I will suggest buying of bitcoin to mining. As you buy the nest thing you do is to monitor the price to when it suits you and nothing more but for mining a lot of things involve like staying always on the internet and the fear of not being scammed.
I agree with you, buying bitcoin is less complicated than mining because we all know that you got to have a lot of capital before you start and considering all the other expenses like the electricity and all that, especially the equipment you'll be using in which you must be wise on choosing. |
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Actually, Philippines is not against to bitcoin. In fact they encouraging people to enter digital crypto currency world as long as they are being careful to those people who are scamming people. Philippines is not that strict when it comes in digital crypto currency because digital currency gives also benefit to the Philippines. |
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With btc income I collect with less than 1 btc, In your opinion how to manage my income with such a result by way of investing.
What's the best investment you've ever made?
Honestly speaking, I never use my own money for bitcoin. I would say that the best investment that I've ever made is my time. All the money that I earned from digital crypto currency were came from my hard work. I always joined a signature campaign or bounty campaign. For me, there are many ways to earn money without using your own money. |
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now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
Yes. Our country is in 3rd world country which means that there are many people who lives in poverty. But, when digital crypto was introduced to us, the poverty rate in our country is decreasing. Because most of the people who does not have a job are relying in digital cyrpto currency nowadays. Aside from that, those people who are in abroad are contributing in our economy by means of sending a money through remittance. |
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I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
The main reason why people do it is because they were panicked. This is one of the reason why many people encourage us not to panick. Of course if you are panicking, the first thing that came up to your mind is you might get loss profit. That's why before you end up in huge loss profit, you are now going to sell. At least you just lost a little amount of your money. Before you invest in digital crypto currency you must know that, not all the time, cryptocurrencies price will continuously rise. |
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I was wondering, if you had an opportunity to sell your stuff alike cars, pc, homethings and etc., would you sell it for bitcoin (or maybe other altcoin)? The main question is to see, are you ready trade stuff for cryptocurrencies and how do you imagine it?
Each of us has a different perspective on how we look at things. For me, I wouldn't sell my stuffs just to buy a bitcoin or other digital crypto currencies. There are many ways to earn those coins and one of the source to earn those coins is this forum. All you need to do is apply to those campaign and complete all that task that are required. |
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Are crypto currencies' are far better alternative to banks? Though many critics still favoring banking system so what is your response?
When it comes in doing a transaction, Yes. digital crypto currencies are more far better than banks. One of the reason is, because digital crypto currency is decentralized, you can track your transaction anytime you want while in bank, you need to go to bank first and ask all your transaction details. But when it comes in security I would choose banks. In digital cryptocurrency, there's a high chance of hacking a wallet. |
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It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
Your're definitely correct. For me, I am still waiting for the cryto to rise up again because I already loss 60% of my profit. It's so regrettable when I didn't sell my coins when the price of it are high. Now, I am still hoping that all my profit that I lost will be return to me soon. Now, I am putting my money at risk again because I bought some coins that has low price. |
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