If you are scared that bitcoin may losses it's value then I suggest you to go for gold. In terms of risk gold has an edge over bitcoins. Bitcoins are good to invest as it can have a skyrocket increase but gold are slow to increase. Or you can have a diversified investment plan. You can go for both bitcoin and gold.
Good idea suggested above. gold is existing from long time which has gain people trust completely. according to me btc is very secure however some people gets the doubt in there mind that what if it crash all of a sudden. for sure that will not happen because of its growing popularity among the youth. what we will see is the value getting more and more. however never less to say you might see some time the btc price less which is very common in any part of investment. if you want to play very safe then go for gold or if you want to earn more then btc door is open for you. |
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Is bitcoin a future proof currency?
the volatility of bitcoin was the reason why the price value swings most often now. However, even it is like that in the long run bitcoin will become like a skyrocket in the market. Because bitcoin the world currency in the future.  As we all know that everything has some limitation. but bitcoin i can say one of the best thing which we could have seen ever. we can do many things from the bitcoin it is as good as you are having the money. the only problem is it is not accepted in most of the countries due to its nature(cryptocurrency), but with little conversion we will get the money in our wallet which we can use it for our daily needs. it is suitable for almost anyone starting with college students to old folks. |
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Well that's only possible if we can get rid of the BU and other useless hypes. I don't believe that we'll be getting rid of this all stupid stuff anytime soon.
But still, lets wish bitcoin good luck for the next month!
hoping for the best result as you told. but it is difficult say that the price will reach $2000, reason is simple price has become much stable so what is happening, Generally in 10-15 days the price is falling down by $100-$200 and again it is getting balanced again. by my prediction to reach to $2000 is possible but not so early because the price of the btc has to increase gradually and not so slowly. |
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Base on my experience because i don't know how to do trading. I just invested some of my bits in gambling casino. Of course i made sure that the casino that i am investing is well known and doesn't have issues in the past. Trading is hard to learn but if you are PRO in trading then you can make a lot of money from it.
I agreed that trading is not that easy to learn, it will really need time to study and exert effort on actual trade in the exchange platform. Though investing was a good thing to do for a long term. yes investment is the safest thing which anyone can do. but trading is not everyone's cup of tea. but if you really have good knowledge about the trading, btc world and good analytical skill then you can go for trading where you will get the best profit than the investment. for me i can say both are best because bitcoin is becoming more popular which is a good sign for doing anything of this. |
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LOL perhaps they will it explain to us? Just ask them to install a wallet and pay their pocket money that way; soon they will be creating their own smart contracts on ETH for doing chores etc.  Exactly, that is how young generation grew up with modern technology, they can explore it after you make some bit explanation to them, you dont mind after a montg they got more coins than yours. Not to worry because almost all the revenues are happening via online. our younger generation knows far better than us about the new technologies, apps and online resources. for sure they will find about btc. btc is becoming much and more popular which will definitely drive them crazy to become a part of btc. |
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I want to join this campaign please do acknowledge.
Username : bitsmichel
Number of post : 1921
Rank : Sr. Member
Bitcoin Address : 1PHVD3awh1AgSH8NwdtgMffcwBkT21rri6
Thanks in advance
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In a long run, the best investment that you can make probably is investing in Bitcoin.
Yes investing in bitcoin is the best investment so far and that's why I keep on believing and holding bitcoins. And as of now it is the best time to buy. I am really scared to see people defending hyip or ponzi.
Yes today you can win but believe me this is not possible, because these are sites designed for stole money/funds from other people. Nor less no more.
I hate also those people that are defending those scams but probably those are the owners of those shady sites that are protecting their service. Exactly and majority of users have made huge loss in the past by trusting those sites and investing in them and now will never make a same mistake of investing again in it as the end result would be the same as it was in the past so no one will be interested to put their money in those sites. That's why just simply avoid those scammy sites and we know on how they are working and trying to be desperate on looking out for their victims. There are people that are interested to put their money on those sites but those people doesn't have enough knowledge on it that's why most of their victims are newbies. yes people gets stuck with the scam sites. but btc is very best place where we can get the benefit to the maximum level. we should not put all the eggs in one bag. accordingly you have to decide what are the ways your money will be safe. if you ask me i can say : gold, btc, bank, Estate etc., |
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Always,always and again always I miss right time to sell bitcoin so I will not try to even do it again now I will onl use my investments strategies which gives bigger roi then bitcoin trading.
i also miss the right time to sell my bitcoin like as currently i miss the right time to sell my bitcoin we know that bitcoin price were about 1260$ week ago but i still hold my bitcoin so now bitcoin price is about 1050$ so now i again waiting for high price and i hope price will rise again. those people who are using bitcoin as investment, then they must have missed the right time to buy or sell bitcoin. as not one can be so much perfect that he know every peak and every bottom of the bitcoin price. It happens with everyone, that we miss sometime and sometime we are at the right moment. so one thing we have to do is to learn from our mistake. if you think that the price has become stable then you must take the step either you can buy/sell, so surely you will be in the best place. but you must have the patience when you fail to achieve what you wanted. |
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i think i am not yet found any restaurants in my city that accepting bitcoin but i heard from my self that there is a coffee shop around my city that accepting bitcoin for the payments but i don't trying to go to that coffee shop, maybe some other time i will trying too. its good to see that if there are restaurants accepting bitcoin, i imagine it will more easy to buy some food in that place.
It is the same situation in my city. btc is not acceptable everywhere but anyway i don't care as it is progressing very well and people need to adapt change which will happen little later. but btc price if goes high it is not problem to me reason is with conversion of btc i can use it for my daily needs. |
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I will prefer to diversify them 50 50 in altcoins and with rest I will try to go on gambling sites to make quick money but I am not sure whether gambling will give me favorable results or not but its worth to take risk with that amount as its not too high amount to loose but if I am lucky then it can give me good sum of money in short time.
It would be much better if you maximize your trading than gambling for gambling will only give the effect of a less good when we can not use it with very perfect. Gambling only give advantage to those who can play it perfectly. Without perfection in gambling, there would not be an advantage. Trading is indeed quite long, but the gains could be searched simply give things much better than gambling. yes trading is better option then the gambling. gambling you cannot say either you win everything or lose all at once. so trading is not like that you can reap the benefit from it with better understanding of the btc price fall/raise. but as per the question raise btc is a place where you can invest 25% of income to reap the profit from it. |
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Any idea hy bitcoin is dropping so fast? Last night i was expecting it to go back up a little so i could take some money out of it and put it in ETH, but now i'd sell with a significant loss. What made it drop?
No,bitcoin has once again started to recover.Its price is around $1046 now.Whoever left bitcoin and ran towards altcoins,their time has started to return and the count down starts now...1,2,3.. yes, bitcoin has started to recover again but keep one thing in mind still it is not constant so best option will be to wait for some more time then if you see the price is going down you can buy btc or sell btc if the price is getting high. bitcoin is not at all dropping like stone for sure. |
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It did happen because of the politics and some bastards starts to create their own coin and wants to put bitcoin under them. And the only thing that will make the price of bitcoin go up again is to get those people back to buy a lot of coins again and get back to bitcoin or attract some new investors to buy more bitcoins,
the community needed to help to attract more new investors for the price to uprise again, after those debates and some speculation which hurting the current price we must focus on how to attract more people to get engage and start their journey to this wonderful investment, its all about us who believes to help the system. Yes it's our task to do so and with the price of bitcoin right now, it is still attractive and for sure for the next months we'll see the price to be back again. That's why we just need to do the usual way of promoting and helping the adoption of bitcoins. And also the bitcoin gambling industry is a big help for making the adoption happen for getting more investors and users. We cannot tell on what is the exact date for bitcoin to regain its price since bitcoins movement is unpredictable at all, And for now to rise its awareness i think the best thing for us to do is to hold still and let those people who near to us knows about bitcoins so that it will spread little by little untill the awareness will go wider. And although it is hard to do but we should do some hardworks for it so that the demand will rise and the chain reaction for that is surely the price up. I agree with you since in the past, bitcoin's price too have been very unpredictable and at times we cannot tell whether it will pump or it will dump. The best thing to do as you said is hold. Also in addition to that, we should also earn more bitcoin using means where we can multiply the bitcoin we got or doing some jobs or micro jobs as past time like me when I am bored and earn some money from it although just do the worthwhile ones. Yes all we need to do is an up to date market research and hold on to bitcoin rather selling it when the price falls like many people hacve done this in last two days and also have some secondary income like joining signature campaigns. holding bitcoin will be good idea but again as far i concern about this what if the price dump down again. so whoever thinks there are already benefiting for them it will be the best to sell, because the price is not very stable now. it is either raising or falling. |
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I will never become rich with bitcoin as it is not my primary source of income and its only a extra income for me and I don't think that anyone can become rich with side income but I am satisfied with my small earnings as it is definitely helping me in many ways.
If you manage to have a knowledge on trading even at side job there is a possibility that you can get rich. Playing Bitcoin - Altcoin trading, and being able to get in the train before it left, you can possibly get rich with it. It just needs time though. I have seen several altcoin from dust BTC price to something like 0.01 and above. Those who bought at it at a very cheap price and hold will surely get rich with it. Yes, you can get rich with all these things like altcoin trading, saving bitcoins etc but all of these require time.It is not like that you will get rich with bitcoins within hours or days. It may take months or even year to get good income with bitcoin. yes, to become rich in bitcoin platform or any other platform it is difficult. you need to spend more time of yours here. you need to gain as much knowledge as possible about it. you should be able to predict most of the time when the btc fall or raise happens. one small advice is save the btc for sure after few months you will get the best rewards but you have to wait. |
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I agree with the matter, unfortunately. At the moment, people use Bitcoin for profit, at the moment it is not used as currency, but nothing prevents it from being used in the future. Remembering that we are still well at the beginning of the revolution, it is not possible to change everything from day to night, if it is not Bitcoin, another crypto will play this role.
I think the problem of why people don't use bitcoin as currency is in that that there are no places that would accept bitcoins directly as payment without fees that we have to pay today to cash out our bitcoins to go in a supermarket and to buy what we want. This is without a doubt a problem, since we don’t have many places where we wan spend our coins then the use of bitcoin as a currency is limited and when we add the fees on top of that bitcoin is not very practical at the moment. bitcoin is not currency but it is a digital wallet/digital coin. it needs conversion to use for the daily purpose. never less to say that bitcoin gives us benefits like less transaction charges, very secure, easy transferable and best way of investment. |
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It depends on how you treat bitcoin if its an currency for you then you can spend it online sites for buying goods or by selling it and converting it to fiat but if its a pure form of investment for you then you can save it in cold storage without touching it and keep a watch at price charts and once it goes higher and if you are satisfied with the price you call sell it and if not you always have an option of holding them longer.
I guess that's not entirely true. Want to how bad our thoughts in the bitcoin, if indeed they can control the pattern of the bitcoin system or it will be very giving an advantage to them. Because the bitcoin work on pattern or system that has been created, so if there is someone who can control or understand the system, will definitely give you an advantage even though they intensified bitcoin on when they started working in it There will be advantages and disadvantages in everything but as far as i know about btc, you can do almost everything what you can do with the money with little conversion. it is accepted in some of the places and some other places it is not. expecting it to become more popular among the people. |
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for me bitcoin is money, because i can use it to buy things and i can do transaction with it, and if somebody ask "is there are any similarity with gold or other precious metal?", i dont think so, but as an investment bitcoin is a good option, but to compare it with gold, I think its two different things
Bitcoin is more than Monet because it is decentralized! Money has a legal backing by the government and it is issued by a centralized monetary body. Bitcoin is generated by the miners and it can be mine by any body who have access to tools needed for mining. Yes, bitcoin is absolutely money. i tell one best thing about this is, whatever we get in exchange is nothing but a kind of money. with little conversion we are able to use the btc in the same way as money. some of the places where btc is accepted, online stores and all. BTC is very good platform and it is best form of money. |
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This is really an interesting question, I like it. Actually, I also had the intention to get rich from Bitcoin, first to know Bitcoin, I did not have this idea but since I realized the true value of Bitcoin I changed my mind. I have found every way to earn more Bitcoin, I am involved in investment projects but not effective. Then I switched to trading, trading altcoin types and working on forums. I find this way quite effective, I have earned more Bitcoin. However, the dream of getting rich is still quite distant because everything takes time, I need to act and do more  It is possible but it will be hard. The days in which you can easily double or even triple your Money with Bitcoin are now over. Right now it has a slow movement above 1000$ comparing it to its movement below 1000$. It is trying to tell us that if the demand does not increase it won't move up to our expectations. We can easily find other investments that are rapidly growing such as in the stock market. There are some people who has become rich by bitcoins. well it depends on our skill, knowledge and the way we plan for the btc which will make you reach. but one thing in general is you cannot become rich by just earning from one income you have to make sure you have other plan backed up which will give you another source of income. |
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After a little thought.
I've decided the best investment you could make.
Would be to reinvest into yourself. The compound interest is most effective when it's compounding one'self.
Improve your personal infrastructure.
I will divide and invest properly, 25% of the money i will invest in the gold and other 25% i will invest in the bitcoin. rest 50% in which i will keep some it in the bank and some other amount for my daily. |
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I wouldn't say "dropping like a stone" but I suppose it's quite a sobering drop after months of enjoying above $1000 prices. I can still recall my own surprise when BTC refused to return to the 800-900 price it had been trying to break for weeks. Have always been expecting the correction.
To be objective, the 15% decline is really a mark of resilience in the face of all the negative events this month. I'm a holder and if the downtrend continues, it'll just be one of the rare times to buy more BTC for most of us.
To me this is a good opportunity to buy. We've see that the price can go as high as $1300 (and higher), so buying as $950 or $900 seems like a good deal. I don't mind the drop as long as it will rise again. I don't want to sell/buy now. i will wait for at least a weak to analyse how the situation gets then i will decide whether i have to sell or buy. what if the price falls down more or it can be other way round it can increase as well. lets wait for sometime and then decide. |
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Most of peoples who agree with this thread is love with 3 digit bitcoin price. Lol me too. Everyone who did this (buy as much as he can when the price seems like deeply bouncing) just beleive in one thing, bitcoin has died over 100+ times, and can't be die just because the price move down to $200.
Can't say anything about price ups and downs but we have to live with it as there is no other option. it is just a business the idea what you have represents you and what i have represents me. but if you ask me now then i can say that price has gone down now but don't do anything now, once the price is low or high and it gets stable for some days then plan to sell or buy. |
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