investment in real estate and bitcoin both have values that go up and will be profitable but I prefer to invest in bitcoin because it will be faster to earn profits, while for real estate takes a long time to restore capital and get a profit
Bitcoin and real estate both are good asset for long term investment, in Bitcoin you will earn a fast profit and the risk is also high but in real estate, you must wait for a couple of years and you 100% make profit and risk is also less compared to BTC but only thing is in short time you will earn any profit. my opinion is if you have huge amount then invest in real estate don't take the risk. I don't think it takes several years to profit on real estate investing. I bought the land about 100m2 last year in urban areas and this year the price bounced almost 50%? I think that real estate investment is very potential and recommended. with very little risk as prices will continue to rise as the world population continues to grow. for bitcoin I just use it for short term investments only |
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Well that's good news and it probably had a big effect with bitcoin's 1k usd surge last week since this news came in almost the same time as that certain surge. And knowing how muslims abide by their islamic laws, this certainly gives btc a big boost to have muslims trading without any issue
First it will give a clear picture to Muslim users that using bitcoin as currency is not a wrong thing because it has been halal by sharia law. but for trading where there is a bet of luck there it can be said that its haram. because Islam forbids something that can harm you and bet with luck. that's what my professor says. but I don't really care about that because it's my job |
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I'm going to spend my Bitcoin for the future of my family especially my Children. I want to be ready as early as now until they grew up and start attending school. That way i will be able give them knowledge that they can get during their time schooling and a good future for them once they graduate.
if you want to use bitcoin for your family's future then you do not have to spend today. I think you should keep it until your child grows up so you can feel the results in the future. for the short term I prefer to save rather than spend because you know that bitcoin prices grow very fast and I don't want to spend things in vain. but for personal use like paying electricity bills and internet I often use bitcoin for payment |
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with continuing supply and demands on crypto. market cap, volatility and other factors will also affect. but the most important is supply and demands.
I think of the current era of the crypto market to be just the start and that it has a way long to go. All the crypto currencies will surely be able to perform much better in the future and that their market values as well as the demand rate will also go higher but that will take lot of time. with time, when more people will get to know about any of the crypto coin, things will get better. we know that crypto is getting more and more popular. and the process to be used by everyone in the world takes a very long time. from that we already know that crypto lifetime will still be very long. because we are still in the development stage. You are right that the key is on demand. if demand continues to exist then crypto will continue to run |
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I'm lucky that we don't have those laws regarding with crypto earnings yet so I'm still free to encash as always without worrying any authority to come knocking at my door and oblige me to pay my taxes.
I think sooner or later we will meet that rules dude. I'm sure the government will begin to realize that developing technology is unbearable and cant be stopped? they have to be friendly with bitcoin and take the best advantage of bitcoin. so make a rule about using bitcoin and come up with taxes for bitcoin income and wealth. whatever system will be applied. I think it will happen sooner or later. |
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I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
no there is really a time that bitcoin price will go up and down so if you will panic to sell your bitcoin you should be aware what is the price of bitcoin now then you can sell your bitcoin. Panic selling is indeed one of the key factor which is contributing in bringing the market value of the bitcoin this much down and that all those who are having some bitcoins in their wallets, they need to understand and realize this thing that doing so is not resulting in loss of their money but it is also affecting the ones who are holding their bitcoins as the market value of bitcoin is going down because of all that. I think panic selling will not give a big effect on the market if it happens only in some users. panic selling will be bad for the market if it happens en masse. usually begins with bad news or hoax that harms bitcoin, then many users are hooked with the haox and then panic selling and make supply and demand is not comparable. |
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you need to set the your targets. dont go with the flow, dont follow the crowd. just make ur profit target and right after the exist dont even bother to look at that coin again
do not go with the flow, you need to think about when you're right and you will not regret it someday, exit when you know it, think before you exit Yeah you right, I think you need to make a target price to sell your coins and do not get carried away the atmosphere and the crowds that happen maybe it can bring you to panic. you must be smart in seeing the opportunity if the coin you buy is at the highest point you have to sell it. I think the most important is smart in reading market conditions then you can understand when to exit |
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Yes i think bitcoin is a better payment system although these days bitcoin is still not known from everyone to be legally used in payment system but we can see the technology of bitcoin. Blockchain technology can help us to record everything easily in a way that every data is stored and can't be altered by anyone but it is transparent. Bitcoin as a payment system is good because our payment can be processed easily and all our trasaction are saved in the blockchain.
not many people know so users are still limited in using bitcoin for spending I think it's one of the problems in bitcoin spending. but overall I really enjoy using bitcoin for payment system very easily and instantly. yeah and all transactions are stored in the blockchain and make it transparent. one of the problems is its limited use and expensive fees |
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The price of bitcoin today is $8,900. Would you like to think that bitcoin has reached such a high price a year from now?
I know that bitcoin hasn't reached the moon yet, because its price is hard to predict, and maybe next year it will cost $40,000.
A few days ago bitcoin price was only $6k and then the price went up to $8k within a few days. I think it can be interpreted as a high pump. I myself think that this is a good signal that bitcoin prices could rise high anytime. it may be pump prices and exceed $10k in the next few days. with ever-increasing users is likely to rise rapidly in the near future |
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I also think that way, that paper money is better than crypto. The reason is because my country does not accept payment using crypto. So paper money looks better than crypto.
Well, this is a real and accurate thing, crypto can not be compared to paper money because the support from the government is very low, and it is only a field born in recent years, it does not create the necessary credibility for everyone, the number of people who care about crypto is still a pitiful number. While the number of people using paper money is overwhelming, in addition, the value of paper money is almost fixed while crytpo is changed, it makes people feel very uncomfortable in the transaction then feel depressed in the process of waiting for confirmation I think the factor of support from the government is also very influential. when the government does not provide any legalization to the crypto. of course only a few stores accept bitcoin and that will make the lack of interest of people to use crypto as a means of payment because of the limited merchants who accepting bitcoin. that's what makes people prefer fiat |
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After all the FUDs that surfaced in quarter 1 of 2018, Bitcoib was able to hold steady at levels above the last year November price before the December's FOMO. This shows that price is maintaining a good threshold in long term view. This dump was justified after the horrendous pump in December-january. Now market has already started showing recovery which is likely to continue this year with short term dumps in intervals.
As many people say that when entering middle of the year and end of the year bitcoin prices will gradually recover and it is true that the current price in the market shows something good. I hope this recover can be prolonged means the price can continue to climb up. we will see $ 10k soon, I hope... |
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I prefer trading because gambling is something in which returns are not assured so you cannot predict what kind of amount you will have at the end. In trading you can predict the possibilities of trends and build and apply your strategies, this is a more scientific method to earn profits. On the other hand, gambling is not even allowed by some countries including mine so we have only one option to go with trading.
In other words trading depends not only on luck alone to be able to earn profits. there are several aspects or things to do to determine a prediction. if in most of the gambling you just rely on luck alone to make choices and predictions. but unlike trading there is a special calculation and strategy. that's why the risk will be greater in gambling than trading. I think gambling is just for fun brate.. |
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As for me, it's the beginning of an uptrend. At least in recent days the market has shown growth and it looks optimistic.
But this isn't a sign of a trend reversal so far. For that to happen we definitely need to break the 11-12k area with significant volume and buying pressure. Until then I would be cautious and not just buy the hell of coins right now. There is still the possibility we could see another bull trap and head down to 6k area again. So be careful and don't get too excited. The whales know how to play the market and make retail traders feel depressed! What is wrong with bitcoin falling again to 6k dollars? Even if the whole digital market starts bleeding again and remains that way, does this mean it is the end of crypto world? Digital currencies are the future of money. Bitcoin is going to remain with humans forever now. Now that Mark has launched his own crypto currency and many are thinking to do so, digital market has the most potential to grow. if the price goes back down it will certainly make some people lose money dude, that's why he said to be careful, maybe the price increase is a bull trap, I hope it is not. it's hard to make the user trust back you know. we are in a bad position in the past 3 months. the market is more often bloody and very little confidence in the market. now the price is back to show a positive and hopefully we will not find $6k again in the next point |
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Is it safe to keep your all crypto currency at a single exchange (bitfinnix)?Or one should choose multiple exchanges.
It is always best to diversify. This advice does not only apply to investments, whether cryptocurrency-related or not, but also to all kinds of investment opportunities, and also to exchange platforms. Do not just focus on a single exchange platform. Well, in the first place, you will follow the exchange platforms of your favorite and potential coins so you cannot just settle with a single platform. But also if the single exchange platform that you use is in maintenance or crashing down, then you will also be stuck along with them. So you better use around 3 of the best exchanges. Yeah agree, using some exchange will not be too confusing to you, at least it will make the risk of losing more smaller. yeah for example if the maintenance happen you will not be confused to wait because you have another coin in another exchange, or when the site down you still have another asset in another exchange. I think it would not hurt to split your coins in some exchanges |
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It's not that it's immune to hacking and fraud, it's that no one has been able to hack into bitcoin yet. The keyword in that entire sentence is YET, there could be a time where a fatal flaw is found and it could screw the entire marketplace (given it would probably have a fix with a soft fork put out quickly and wouldn't hurt people) but this is the risk that we all take in using a currency which is backed by coding.
So it's not immune, just no problems yet.
Yeah is not immune but maybe hackers do not have a way to be able to hack bitcoin yet. the risk of hacking someday will certainly exist because we are in the Internet network and based on coding but we know that bitcoin development is not running in place. ahead the security system of bitcoin of course will be the better |
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Based on Bollinger Band and Trendline we can easy see the price of Bitcoin is in downtrend but now BTC have very strong support at $7,100
Opposite, BTC is resistance at $8,700 ; $9,100 ; $10,200
My prediction, the price of Bitcoin will fluctuate in price range $7,100 - $10,200 in 2 or 3 next week to accumulation for new pump on April.
What is your opinion? Please discuss together.
I don't think that we will reach 15k in April. But I think by the end of April or early May, we will reach 10,000. If there wouldn't be a lot of negative news on the market, and the price will stay around 10k then we can talk about reaching 15000 by the end of May, but not earlier. No doubt that bitcoin begins to recover in prices. in the crypto market are beginning to be more often green than usual and most importantly the bitcoin marketcap is again growing high. maybe in the month of April we will pass $10k if price changes remain in positive trend. yeah agree but I don't think that the price will reach $15 in this month |
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Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?
It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time. At least it's allowed in your country. Casino owners make a lot of profit and the expensive taxes they have to pay are useful for the cities development (if there isn't corruption, of course). Capital cities are usually more wealthy and have more activity than in country cities, it means more profit, but more taxes as well. In the end it's still profitable for casino owners. It's worse when the country totally bans gambling, they don't see its potential, like in my country. The only institutions that have the right to organize gambling - bingo games are the churches and other institutions that are collecting donations/money, and they don't need to pay any tax. People laudering money uses this method, donating to avoid taxes. But more importantly when the country totally bans gambling,Businessmen and gamblers will do the same bypassing the law.Today we have many historical evidences about this process and I don't understand why countries act like that,May they think that it will be better for people but I think its not a solution,because they can even make strict regulations and limitations for gamblers who cann't give up..Anyway its a very complex issue and needs distinctive and different approach. Yes, there are many illegal casinos operating in countries where gambling is forbidden. I think it's worse for countries this way, as they have a kind of business operating in the shadows, while it could be operating legally and generating tax income and turistic attraction for visitants from different places. Gambling is part of human culture since the earliest periods of its story, it's a mistake to try separating the man from this activity. We already know that the law can be paid in some countries. Although casino is banned though this business is very profitable for the owner of course they will make their casino safe from the authorities so it is not banned. Are we familiar with bribes? all that is prohibited if there is money / bribes everything will be legal, this is a public secret |
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Trading is related to short term and holding is related to long term. Trading is more profitable and risky than holding. If you can want to take risk then you can try to trade otherwise you can hold your currencies. But personally I link to make trade.
And trading requires more knowledge and skills than holding. holding requires only trust and patience. yeah true trading more risky but you can profit every day if you're great in trading, that is with experience, skills and knowledge. so if you want to trade. grind your skills and you have to take risks |
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Quick profiting is the one that makes most of the early users get trapped into scams. The reason is that, with the thinking to make an quick earning they focus on trading without knowing the risk in it. Some will be lucky to earn at the beginning, while majority end up losing.
But not just a scam coin that pumps in a short time sometimes if you're smart in choosing a coin you can make a profit in short time because you bought it before the pump happened. You must be smart when to buy. if you buy some potential coins like btc, xrp, eth, etc yesterday. now you've gotten that profit in short time |
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There's a lot of reasons why bitcoin is not legal. We use to make all things in legal, but in bitcoin, I think, it is not yet legal. For some purpose, this kind of situation, bitcoin is not yet popular for other people. We see a lot of illegal usage of bitcoin. There's always a way where bitcoin is not yet done for all the security and safety. For me, we should not yet legalize bitcoin, because, it is not yet complete or not yet safe for other people who does not have knowledge in bitcoin.
In every country, they have different reasons that they are considering why they come up with the illegality of bitcoin in their country. For me, one of the reason for that they don't want their people to be a victim of investment scheme, or the ICO scam as there are lot there who were already victim and they can't find yet solution to resolve that. Yeah there are still many problems in bitcoin about scams, fraud, hacking and so forth. governments see bitcoin not from anonymous side only but there are many things that might harm the state and also their society. but fraud and hacking can be avoided by giving them the knowledge to secure their wallets properly. but the government seems still scared with bitcoin? |
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