This theme was discussed for two years, but many people still did not master the essence - HOLD rather than trade.
It's not totally holding, how can you profit if you are going to trade or sell? It's good to sell some when you think it's the highest peak for this month or year but don't push all your funds to be sold. Just keep on holding just like what I do, I have placed some of my bitcoins for holding and some for circulation of trade.
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im really not sure what to expect .... if BTC goes under ~2250 it will go down to atleast 1800 if it goes above 2800-3000 it could skyrocket higher than the current alltime highe of 3005 or something like this but Segwit SHOULD pump the price because its a good thing for transactions fees but it needs to work... That's what everyone is expecting to happen. When the price goes up, it will possibly break the barrier of $3,000. But I don't think we will gonna see the price back at $1,800 again though it is still possible that we'll see it there. As we go on positive news and articles that are coming out, more adoption will happen that will have a good effect.
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Today I do not see any sense at all in the panic that is raised throughout the forum. I remember the last year, when in the summer because of hacking the exchange by a hacker, Bitcoin fell very heavily in price. But after that we see that the price for Bitcoin has grown almost 5 times. I believe only in Bitcoin's strong potential, so selling Bitcoin will be imprudent.
There's no need to panic for now. It's good that we had seen the price quite stable at $2,480 - $2,500 and that is making me more comfortable to just hold. But there is something that pushing me that sell some and play for that amount to do USD/BTC trading as I stopped for now because I'm quite busy in real life.
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Banks will start wars between countries, races, religious to obtain more power, let alone what they would do for not losing their existince. Unfortunately, they will always exist.
You are right they change many lives and systems just for survival and kills thousands of innocent peoples they can do every thing because they are controlling all things around us many small countries are cannot survive without them and bitcoin is not going to compete with them I guess that's a conspiracy as I know banks are being controlled by a big person and richest organization in a country. And banks are not the one who are starting wars but those greedy people behind it, those that are controlling it. They are wanting to have more power but with bitcoin, I think they will still going to enter it but they won't allow banks to be gone.
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Young people are the strength of a country and an economy, young people can make change anything within a moment, they are always playing an important role to generate and promote of anything, that's why young people should go with Bitcoin and conquer the economy.
Yes they are and one of our national hero says that it is the future of the country. But there's a certain age of those young people that you could start teaching about bitcoin. Actually if you can do calculations on total bitcoin users. Then you will find that most bitcoin users are young people. I'm sure they found bitcoin because they wanted something new and more challenging to do business. And the young soul fits perfectly with bitcoin It's hard to make a calculation or survey like this. Because most of the time we really don't know if the percentage of young bitcoin users are higher or the middle or older ones. I agree with your last sentence, bitcoin really fits for the younger ones because it's a technology related thing. i agree with you because we don't know how much exactly people or young people using bitcoin but i agree if young people should go with bitcoin but not for all of their money because all of them is not work and many of them is still in school. maybe they can invest from small amount first and then they can invest again if they have more money. but for young people that have much of money, then they can invest half of their money in bitcoin. There's actually no statistics on how many users of bitcoin are there worldwide. As the bitcoin wallet providers doesn't even have an idea on how many of them are only have 1 wallets or what's the appropriate age. But it's a fact that we are so many young people who are into bitcoin and other crypto currencies as well.
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Being optimistic is good, but it's too high if we are going to think about it's current status. But there's nothing impossible as those early adopters are even thinking more than before. Unrealistic to others and I have doubts but it this happens, all of the bitcoin people will be having a new society, bitcoin richest people society.
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I haven't put my all funds in bitcoins but have invested around 30% of my wealth in it and rest I have invested in real estates as if bitcoin disappears in future but real estate is not going anywhere and it will give me best returns in long term.
That's a lot already 30% of your wealth in bitcoin. I'm curious on how much you did bought or what is the current price of bitcoin when you did invested. I have my own real estate investment too but that's not that big as I always focus more together all of them at the same time. I diverse my money.
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Young people are the strength of a country and an economy, young people can make change anything within a moment, they are always playing an important role to generate and promote of anything, that's why young people should go with Bitcoin and conquer the economy.
Yes they are and one of our national hero says that it is the future of the country. But there's a certain age of those young people that you could start teaching about bitcoin. Actually if you can do calculations on total bitcoin users. Then you will find that most bitcoin users are young people. I'm sure they found bitcoin because they wanted something new and more challenging to do business. And the young soul fits perfectly with bitcoin It's hard to make a calculation or survey like this. Because most of the time we really don't know if the percentage of young bitcoin users are higher or the middle or older ones. I agree with your last sentence, bitcoin really fits for the younger ones because it's a technology related thing.
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everyone has their own choice but I can only advice you that if you have a lot of bitcoins then the best option is hold it and to spend it or invest it anywhere, you need to hold your bitcoin for some years and I can asure you that you will really get a good profit from investing your money in bitcoin. I am sure that the price of bitcoin is increasing from time to time and hope that it will certainly give you a good profit after some time. I guess because he has a lot of bitcoins, he has some for holding and he just want to spend it for his own good. But if I had that amount, I'm going to keep on holding all of it and will just wait for an increase. I just learned that while others are greedy, use your bitcoin or spend it somewhere good.
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I prefer investing and trading since both of them are current profitable for now as most of investors are putting their money in crypto currency so it's a good idea to take an advantage of that.
It's always better to prefer both things. Trading is a good way for you to grow your knowledge while learning on how you will get into the market. While in investing, the risk is also there but you will not be the one who's responsible for your profit not like trading, you will work for your profit. If you are trading you are also investing as well, you should know that because in both you are taking the risk. Actually I have an investment which is for long term but I also do trading regularly, I live with bitcoin and I have to trade in order to make an active income. Trading is a way of investing your money but they have some differences. Just like what I stated above and since you know about it, then you are doing it the right way as you do both things. It's very profitable for everyone to invest while trading as you are maximizing your time and usage of your money. I think both trading and investing have their own negative points but what you are telling is also good that while trading you can invest which will be more profitable. They have flaws and advantages and it's up on how you are going to experience things on these both money making activities. I would do prefer to trade while investing as it's better way when you have the aim become rich. But don't always think that it will have a positive chart on your portfolio. Yes it is more like do not put all your eggs in one basket because if you will just focus in trading and not do investing then you are risking all your money that can potentially lead to a huge loss while if you are well diversified and you have savings, investments and also you are trading then you are financially secured and that is right that not all the times you will earn because there are times that you are doomed and blessed. There are some people that are staying on a specific place such as trading and they can't handle other investments. But I'm saying that don't always be contented for having one investment, if you want to become financially free then you need to do something and invest your money into some places;
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For me Bitcoin is digital gold. Someday I will sell it when the price is high
It's digital gold because we consider the value of bitcoin is good/better than gold on these days. But I consider bitcoin as both things, we are using it for buying things and paying which is the role of a cash/money. When you purchase something that is already giving you an idea that bitcoin is cash, digital cash.
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Its not good to stop trading now on this moment. Bitcoin will be more used later and that is very good for trading. We all hope of course that it is more used and that we can have some profit of it, that will be nice.
You will have a lot of regrets if you are going to stop trading right now. A lot of declaration from different parts of the world about adoption of bitcoin and that's why you need to be strong in terms of trading. Always give yourself a delight that one day your hard work and losses will be paid off only if you will hold on. It seems to me that everyone has the right to stop trading exactly when he thinks fit. We can not make decisions for other people. But it is important that a person then does not regret his decision We have our freedom on when to stop or pursue our trading career. Though don't get me wrong that I'm not pushing everyone to stay in trading but I'm saying that you will miss a lot of chance as this type of earning is popular and will not get old. But if you think there's no growth in this career, of course decisions are being respected.
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giving a homeless people bitcoin instead of simple cash is like giving a hungry person spoon, fork, plate, glass in different shapes and sizes but no food!
Exactly good comparison, how can a homeless man cash it out if he only thinks all the time that if it's not money, he won't be having benefit on it. Better to directly give him a cash or anything that can help him to survive but just like the saying, it's better to teach a homeless man how to fish instead of giving him a fish to eat. Teach him on how to use and earn bitcoin instead of tipping him paper wallets. Just please check if these are real homeless not some gypsy mafia beggars. Never heard of gypsy mafia? Here's how it works. They offer work, usually to women with children. They give them transport and housing, in London for instance, and every morning send them on their way to beg. IN the evening they pick them up by car and take most of their money. Never give beggars money, offer them a meal. I have watched a video of a woman that is begging money on the road but she is only on disguise. She didn't know that there is someone spying and taking her on video after a while when possible she collected well. She get on her car and undress with her beggar costume. But still there are some real people who are homeless, you can observe most of them are not begging.
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just buy eth, waves and sia,, and hold it i'am sure all coin above is good for long term investments
A friend of mine bought when it went back at $240 and he got 2 by that time. And now the price is up by almost $50 and it gave him $100 in profit for just a few days. But I don't know if he's going to hold and sell. SIA is also a good coin when it looks low in mining, many are mining this coin using nicehash.
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I prefer investing and trading since both of them are current profitable for now as most of investors are putting their money in crypto currency so it's a good idea to take an advantage of that.
It's always better to prefer both things. Trading is a good way for you to grow your knowledge while learning on how you will get into the market. While in investing, the risk is also there but you will not be the one who's responsible for your profit not like trading, you will work for your profit. If you are trading you are also investing as well, you should know that because in both you are taking the risk. Actually I have an investment which is for long term but I also do trading regularly, I live with bitcoin and I have to trade in order to make an active income. Trading is a way of investing your money but they have some differences. Just like what I stated above and since you know about it, then you are doing it the right way as you do both things. It's very profitable for everyone to invest while trading as you are maximizing your time and usage of your money. I think both trading and investing have their own negative points but what you are telling is also good that while trading you can invest which will be more profitable. They have flaws and advantages and it's up on how you are going to experience things on these both money making activities. I would do prefer to trade while investing as it's better way when you have the aim become rich. But don't always think that it will have a positive chart on your portfolio.
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I prefer investing and trading since both of them are current profitable for now as most of investors are putting their money in crypto currency so it's a good idea to take an advantage of that.
It's always better to prefer both things. Trading is a good way for you to grow your knowledge while learning on how you will get into the market. While in investing, the risk is also there but you will not be the one who's responsible for your profit not like trading, you will work for your profit. If you are trading you are also investing as well, you should know that because in both you are taking the risk. Actually I have an investment which is for long term but I also do trading regularly, I live with bitcoin and I have to trade in order to make an active income. Trading is a way of investing your money but they have some differences. Just like what I stated above and since you know about it, then you are doing it the right way as you do both things. It's very profitable for everyone to invest while trading as you are maximizing your time and usage of your money.
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I don't know but I am sure that ethereum could fail but bitcoin cannot.
Sort of, bitcoin will not be ending up being take over by some alt coins and even ETH. I don't know what will be the thoughts of most of the ETH traders, since from PoW to PoS. No more ways to mine ETH. I think after earning from ETH they will jump back to bitcoin and that can boost bitcoins price.
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giving a homeless people bitcoin instead of simple cash is like giving a hungry person spoon, fork, plate, glass in different shapes and sizes but no food!
Exactly good comparison, how can a homeless man cash it out if he only thinks all the time that if it's not money, he won't be having benefit on it. Better to directly give him a cash or anything that can help him to survive but just like the saying, it's better to teach a homeless man how to fish instead of giving him a fish to eat. Teach him on how to use and earn bitcoin instead of tipping him paper wallets.
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Its not good to stop trading now on this moment. Bitcoin will be more used later and that is very good for trading. We all hope of course that it is more used and that we can have some profit of it, that will be nice.
You will have a lot of regrets if you are going to stop trading right now. A lot of declaration from different parts of the world about adoption of bitcoin and that's why you need to be strong in terms of trading. Always give yourself a delight that one day your hard work and losses will be paid off only if you will hold on.
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