We're just getting started. There is so much room to grow as it continues to gain popularity. I don't believe it could die at this point. If it did Alt coins would definitely takes its place as the main coin.
Most of people get into Bitcoin is actually just starting to be in the part of the system of Bitcoin as a whole. It is necessary to keep still when the price of Bitcoin developed and experience growth in the future. But it could somehow be the reason for Bitcoin to be used in different form of transaction when having good way of transaction implement in countries or in the system of fiat system. |
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for me yes.
Bitcoin has created a newly dimensioned business platform for us. with the development of technology, bitcoin has provided an organised and authentic system for several purposes. not only business purpose, you can use it a transaction system which provides a low rate transaction fees. but Bitcoin trading is the most vital platform for making a business in order to make a good return.
We would also keep in mind that Bitcoin is also a form of cryptocurrency and yes it is still a form of currency that could be used on transactions, investment and trading. It is a new thing and served as a vital part because Bitcoin could give people an option for them to earn and to have a better profit in the future if they would do the right decision in transactions. |
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With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?
ohh, I tried once and I don't want to try anymore  you can loose a lot because you never know where price will go except if you have luck. This times are little tricky for trade except if you want to risk The risk is quite normal when it comes to investments, readings or even in full length transaction. Yet always remember the concept of normal. You can't start having a form of investment if you are afraid to loss or you are hesitant to deal with different kind of transaction. You need to step up and to have guts to deal with the rsk that Bitcoin could possibly give to us because it is truly worth the risk and worth to try on in the future. |
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Hard to speculate about future. We all can see that bitcoin right now is not exactly the best payment option or a currency.
BTC is better suited to be an safe haven asset, capital investment and long term option for hoarders.
Bitcoin is not doomed yet (Japan adoption!), there is still time to fix scaling problem and reach total dominance over altcoins.
But if the scaling war will continue for extended period of time, it is possible that ETH, LTC or DASH will take over BTC dominance.
When we talk about competition, this pertains on which propaganda is stronger, and which services promises a higher convenience to its users. We can also consider the history of the competitor, to view which alt coin will show the strongest dominance. As for now, almost all arising altcoin is still depending on bitcoin value. Only time will tell if there would be any alt coin that will beat the dominance of bitcoin in digital currency wold. |
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for me bitcoin is a good currencies, and i think in the future bitcoin will used for daily transaction in the offline store or online store, the fee is lower than other digital currencies, and i think it easy to use, all people can have the bitcoin wallet without any verification, just need an email and you are ready to have bitcoin wallet
In the future, more and more people will know about bitcoin, and eventually use it in their personal transactions, since bitcoin is so easy and convenient to use. The volatility of its value will most likely going to continue which will make bitcoin more visible in the market world that may alarm even the government. Possible regulation might be impose by the government as a result of its increasing popularity. |
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The governments can try a lot of measures to ban it, but they will probably accomplish nothing more than pushing btc underground, which means governments will miss out on taxes. Due to this, it makes more sense for them to regulate it instead of outlawing it.
Bitcoin operations are identical worldwide, what differs is the economic system and constitutional laws that concerns taxation in different countries. There are countries that finds bitcoin as an economic tool that is very helpful on their development, but it does not apply world wide. Perhaps in some countries, they will try to ban bitcoin because of its decentralized property, most common on communist countries. It almost happened but did not succeeds. |
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Getting a job is not possible for everyone, not everyone has family or [friends] to help them and sometimes they will make the bad situations even worse them. If you've ever really needed money and were very desperate, than you probably know that people would let you starve to death rather than give you $5.
It's weird how people won't toss out just a few dollars to help someone in need, yet they'll spend $10000 or more on their pet that has an average life span of under 5 years.
But then again, if you give the person in need money, they'll keep coming back for it. It's a real crap shoot
There can be no excuse for scamming, stealing and robbing, if you are poor and starve to death you are the only one to blame. Billions of people work hard, study, build plans for the future and tighten their belts during hard times, their situation is no different from those who choose the criminal life. If you will start whitewashing and glorifying stealing, you will end up with cleptocratic and corrupt society that only becomes poorer because economy just can't work in such environment.
It's weird how people won't toss out just a few dollars to help someone in need, yet they'll spend $10000 or more on their pet that has an average life span of under 5 years.
People don't feel and are not obligated to feel any empathy towards the strangers - everyone should be responsible for their own life and not look for a way to throw their burdens onto others. Pets on the other hand are chosen companions and they bring happiness to their owners, so it's natural that people can spend huge amounts of money on them. There are many reason why people scam others, some reasons are personal base and some are due to the unhealthy society they belong. There are people who chooses to earn money in the illegal way, they are those who are lazy and stupid guys who turn to scamming rather than finding legal work that promises good income. But some are victims of corrupted economy which resulted to national poverty, hence, but still poverty is not an excuse to fool other people. |
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What are you having problems with specifically? How do we know how to help you improve if you don't tell us what aspect of trading you specifically want to improve on? Panic buys/sells? Price prediction? Emotions when trading?
Anyway. Some tips:
- be patient. "shit the coin I bought dropped by $2 already. Sell!!!" Give it time. The price is likely to rebound.
- don't go all in. Especially knowing that you're not an experienced trader. Minimize your risks.
- most of the time, it's not ideal to buy at all time highs. They could drop any minute after your purchase. Again, don't go all in.
The best way to improve your trading is having wide knowledge and awareness on the crypto trading, You should also have the right emotions on this trading business, always remember that there are so many risk involve, but what you need is to find ways in minimizing the risk to the lowest percentage. Study the graphs, and previous statistical records, that might help a lot in building patience. Remember that the price of bitcoin and other altcoin move from time to time. Consider the best timing. |
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There is no way billionaires would not have invested in bitcoin they might not do that in their corporate capacity using the names of their firms but in their personal capacity, I am sure some would have been involved. While some have have come out to openly support bitcoin some are still waiting and observing how it goes. Aside that, its also a further testimony to the fact that bigbag holders manipulate the price to their advantage which is not for cheap holders.
Billionaires around the world will not be billionaires if they are not that smart and clever on the market world. They are the the one's who are responsible in the monopoly of the global market. We know that bitcoin is the future of money, and one of the most trending innovation in the world of traders and investors, billionaires most probably will not missed on this. |
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You should start your journey by joining signature campaign, as majority of people are earning descent amount of bitcoins from it and it doesn't require any technical skills, that would be good for you.
Make a serious study and research on cryptocurrency, specially on bitcoin to acquire insight on how to earn in bitcoin, it will help you rank up, and be qualified on joining campaign tasks that will make you earn more bounties. As your knowledge and skills on bitcoin increases, you are getting a higher chances of earning more in bitcoin. Patience is a virtue. |
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I have watched an interview about that, if the hackers can hack the bitcoin, a staff member of the cryptocurrency company said, that is likely to happen if someone is really eager to break the bitcoin. But he adds, "In the 9 years of bitcoin existance, no one has ever done anything to hack Bitcoin. That means that Bitcoin's security system is very strong."
Bitcoin itself is developed to secure money transactions. It will not last almost a decade in market if it has weak security codes. If someone, or a group of computer hackers try to do their stuff, it would probably takes a hell of a computer geniuses to do it. Moreover, the idea of breaking to bitcoin security , might already been corrected by its developer because they know that bitcoin is done in the net, and very susceptible to hackers. |
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You should know that there are no long term investment safe in Bitcoin world, all the invest way has it own risk so if you are just a newbie I think you just need to hold all your Bitcoin for few years, it's also a investment way but it's safest way. You can take a look back few years ago if you buy Bitcoin at that time and hold it until now I think you can be a millionaire for now ) If you are going to invest in bitcoin, you are required to wait until you have a good profit return. So what you have to do is make necessary study on how bitcoin value changes from time to time, how high it goes up, and how low it goes down in value. Even if investment in a long period of time in bitcoin does not assure you of a unmolested return, You will be able to look to a higher positive outcome, if you are aware of the bitcoin value movement, it will help you how to decide the length of time you are going to hold your bitcoin investment. |
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I think Bitcoin's greed can make you lose a lot of things. In contrast, if you are not greedy, if you know to save and keep it in the long run, you will get a lot of profit. Basically everyone has greed, but only some people can control it. Bitcoin is not greedy, it teaches us how to use and save money efficiently
I can't call holding as to being greedy because to hold is just being play safe about having to worry about loss. It just depends on anyone's strategy how to make their btc grow or earn. And also it depends on peole who likes to take risks. If you call holding as to being greedy then can say that there are many people who are greedy. |
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When I try the trading I know in my self that there's a possibilities that I can loss my money so that is a part of trading besides when I trade alt coin I invest in several coin I loss always that but I have winning too If I loss that is just small amount of my money that is my strategy when I am doing trading, So i suggest that don't Invest all your money in just one coin.
I guess you have to remember that every investment in anything that involves money also involves risks ahead. So you must know that there will be times that you'll have loss. That is why you must not invest everything in bitcoin. You have to save some for yourself. But whenever you'll have loss you keep calm and take it a lesson for the nextime. |
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Well, if you are a wise man then budgeting every money you have for a day, week or even months is an effective one to save money from spending too much. Thriftiness is the key and don't spend much of your money when you have income but spend your money from the leftovers of your savings, in that way you have less spending and you much more to be saved.
If you are really determined to save then you are going to be mindful of your savings. You will really try to save everytime you are going to have the chance and the money to save. You will budget your money to deduct your expenses already for the day or week or month, then save what is going left. And you'll buy only what is needed. Spending less is equal to saving more. |
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Because of it's current value and of all the craze that's been going on, people are now more aware of the BTC phenomenon. And so more and more are trying to get into the scene trying to get hold of every little bit of BTC they could. Fewer are getting mined, and so more are rushing in to get some of those coins. It's similar to a panic buying in grocery stores whenever some kind of event will or is taking place. The reason of why bitcoin has so much demand is because of it's potential, that is continuing to rise up. That is why peole has been panicking to join the community, with the hope that they could get what others had. And users are still dreaming to earn more than what they are earning. It is like a scenario where peole are on the race against to buy something with a limited stock. |
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As of now I prefer working in signature campaigns. Its not as high returns as trading but at least I have earn btc. Its fun also. I enjoyed doing signature campaigns. I seldom do trading since I still need to earn more bitcoin. But the earnings is so definite unlike in trading. I need to hold or wait for the right time.
I would prefer to work in signature campaigns than to do trading. Because we all know that trading is very risky and complicated because you have to keep track of it and still not sure to earn money compared to signature campaigns that you don't have to make an investment to earn, just your effort and time and you guarantee you'll earn money. |
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unlike other investment. The price of the bitcoin keep rapidly raise and it keep my money increasing too. That's why I choose to invest in bitcoin.
I agree with you, because bitcoin price growth is very fast, so we can get a lot of profit by investing .bitcoin also provides many ways to get it, with one signature campaign. which makes them who do not have a permanent job, but has a busy work that still produces without having to bother. Bitcoin has proved that it has been the best investment and continues to be the best because of it's price, continuing to rise up and in that way many wants to invests onto it. People really can earn from it. Through campaigns where you can earn without investing any amount, or through trading and buy and sell. That is why i choose bitcoin. And it is the first well-known digital cryptocurrency and i believe that it will still be successful. |
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**Successfully joined AdBank Signature Campaign**
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is very risky as an invetor do not put all eggs in one basket because the crypto market is volatile if bitcoin decreases you might loose more of your investment but if you know how to play the game of trading you can tolerate the risks you will encounter. It is never a good idea to put all of your money into bitcoin. I mean you gotta save some or invest some on others. Because bitcoin is very risky and sometimes you will lose some or maybe all in investing onto it. But yes always remember to not put of what you have into something because it is a very risky thing to do. And you have to be ready with the consequences. |
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