Holding can save your life and that is because it would be really bad if you are losing a lot of money with it when you can actually earn more money when you are waitin a longer time.
But it is bad if people are selling it too early, patience is important in Bitcoin.
Well, it depends on what you are looking for, if you are a day trader then patience is something that you need but not in large amounts since you are hoping to turn a profit in fast trades. yes i also agree with you, that if you holding a good amount of bitcoin then surely it is a good decision to invest and hold bitcoin for a long time because after some time it will really give you a good profit. |
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Do you gamble for fun or for profit?
When you gamble a a casino then your main reason needs to be because you want to win some money and not just for fun. Only rich people can spend money on gamble and say that it is for fun. yes i also agree with you and there is no fun and enjoyment in gambling if you are not making money in gambling or just playing it for free, because i have tried my self by playing gambling for free nothing invest in, but i found no fun in such kind of gambling. |
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to me the only reason is that people still believe on bitcoin.
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no i do not think that it is stealing.
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i think the main reason is for security measure, to me as people have a large amount of bitcoin and they do not feel easy to put all the bitcoin in a sing wallet, because there is always a chance of hacking their wallet, therefore they like to put and keep their bitcoin in different wallets to minimize the risk of hacking the wallet.
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i think it is not such a difficult job, to me if you play gambling in a limit then surely you are playing gambling in a right way and through this way you will never lose your all investment in a single day and will get even more chances to recover your lost any time.
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no i think it will take some more time.
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in present time the price of bitcoin is trading about 600 USD but i think still it is not the favourable price of bitcoin, i think it is expecting that he price of bitcoin is going to cross 1200 USD level at the end of this year.
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you need to be very much careful for investing in bitcoin.
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to me it is still accepted.
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it does take allot of time from the person IMO, it both impacts it in a positive and negative way as well, You can earn a pretty much decent amount of money and change your life positively as well as the stress and effort of using it and therefore impacting your social life.
I don't think there can be any stress of effort needed for using bitcoins as you can easily convert your coins to your local currency if there isn't any place accepting it around you, or you can also buy things online with it though you will have to pay some shipping fees if the store is not from your country. but i think bitcoin has both good and ad effect on my life. in one side it really give me a good profit and can control my expenses no doubt this, but it still have a bad effect also, as i give gull time to bitcoin and ignore my friends and even family, therefore to me we should try to remain in middle and not dominant bitcoin on us. yes i agree with you. |
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i am hearing this for the first time and have no idea out this, therefore i think i should wait for the time when i get some good information about XBT and after tat i will give my own idea about this.
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Because as title say it is unpredictable even though we keep monitoring it but still we can't really tell that this coin will pump and when it be gonna happen, and also i think the unpredictability of it makes many people lose some money from their trades since they are laming and guessing to earn in certain scenario, but experience really can help since it can be your reference so you wouldn't do that wrong prediction agai.
but to me still there so many people who have good experience in trading and can predict about a particular items in no time. but the number of such people is very low. |
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yes there is no doubt about this.
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i am hopeful that in 2017 the price of bitcoin will be trading above 1500USD.
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if you are not going to believe on bitcoin then what are you doing here, i think you have the only choice is to believe on bitcoin, i my self have full believe on bitcoin because i am using it for a long time and still find nothing wrong to it.
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in present time to me the best option is bitcoin, because in bitcoin you can really make a good money in a very very short period of time as compare to gold. because the price of gold is very stable and cannot give you a good profit in a short time.
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Only a few countries have banned their citizens for the use of bitcoin and I will say that those government are denying their nation from the digital world of finance and they do not want their nation to adopt the modern system of finance and want to stick their nation with their old fiat system.
but to me i think still not a sing country has banned their citizen from using bitcoin, because we can see people from every country of the world, and suppose some countries has banned bitcoin, they must have to accept bitcoin in the last as they have to follow the other developed countries. |
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yes i will surely like to accept bitcoin in my business actually i want to promote bitcoin and for that i am ready to accept bitcoin in my business but i think there are very little number of people who know about bitcoin.
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i think different countries have different rules and policies about bitcoin, but i think most of the countries have still no statement about bitcoin, and people are using it there freely having no restriction.
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