Compared to the value indeed bitcoin more expensive than Gold but many people still interested with gold. Because widely used as jewelry that we know many people are using it and more popular than bitcoin. I'm not too interested in gold, I just love bitcoin which has many functions one of them as any payment.
Gold has been popular for a long time, I can say that it has created a brand while bitcoin can only say is a new guy and it's just growing, except for the price of bitcoin higher than gold and higher profits, it does not have anything to make many people believe in. Having a brand is always better than being anonymous because the brand is evidence of safety, stability and development, many people say better gold is also a logical thing, but this will soon change when Bitcoin become a new brand |
|
|
|
Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
Selling bitcoin during the growing trend is a huge opportunity loss. However, there's more than one right thing so it would be wrong to say for certain. It depends on the situation. If you are going to hold bitcoin even when it has reached your target but since greed has overpowered your senses, you are going to lose in this case because it takes a second to enter dip for virtual coins. Similarly selling off when the market or bitcoin is facing harsh dump is the worst thing that you could veer do to yourself and your money. Panic selling is the biggest mistake with bitcoin. We all have different perceptions and strategies in our life, so if we found out that this is the right time to sell bitcoin because we have seen opportunity on it. Selling bitcoin does not mean that you loss but because you found out an opportunity and you need the fund for you to invest in some other things and maximize it. As long as we sell bitcoin at a price that gives us a reasonable profit, that will not be an opportunity loss, the chance of loss is when we sell the bitcoin at a price that we are not satisfied, at a price lower than the price we bought. So what exactly can be said here just that we sell bitcoin is a regret, because we were selling Bitcoin too soon or too late, although we profit but we have overlooked a bigger profit, however, this is the market, we can not know the future, so we should become familiar with regret |
|
|
|
The price of bitcoins is dropping now and it may drop even lower in coming days so I will wait for a while and see how price behaves in coming days and if it goes below $7k then that would be the best time and best price to buy bitcoins and hold it till the end of the year as majority of people are predicting that it will once again achieve $20k price in this year so that would be the perfect time to sell bitcoins and collect the profits.
Based on the situation and some analyzes at the moment, bitcoin really is going down so as you say, wait a few more days, we will get a chance to buy bitcoin at very cheap prices but I do not think it will go below $ 7k. Because the support of Bitcoin is huge, especially at the price of 7500 dollars, whales and investors are helping bitcoin maintain that price, not letting it lower, so the opportunity to drop below $ 7k is impossible, however, everything is just personal analysis, each person should have a separate analysis of the market and choose the right price to buy, Bitcoin can be recovered at any time, should not be missed |
|
|
|
It's really important to set your limit but that will only work if you can find a way that you will not be tempted to deliver some cash in a casino so don't bring your phone so even you got out of control because of frustartions, you won't lose more.
People who gamble for fun are okay as they have self control and know their limits. But for those who play for money should be having a limit so that they do not lose out too much money by being greedy. This will also help them to avoid being becoming addictive. People who gamble for fun do not mean that everything is in their control, sometimes because it's too fun, they forget everything behind and play more with the amount of money going up over time, the limit is too easy to remove. Setting limits is a necessity in gambling but we should not overdo it too much because we will be very prone to subjectivity and gambling will take advantage of that to make us a gambling addict, gambling will always know how to make us pass the limit, regardless of whether we play for fun or for money, so we should stop playing gambling soon |
|
|
|
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.  what is your opinion? Without giving time, you can't explore your destination. So that Time is the vital thing for making a profit. but the decision should be made based on real scenario instead of being emotional. that's why Time is not the culprit rather than decision. I think Trading requires much time along with perfect choice. So don't blame your spending time, you have to choose a right track and right decision. We really need time to do all task in crypto, what we should blame is that we cant manage enough our time to do all those activities that can help us to improve our trading skills and to have more time to watch the market for we might miss some important coin. If you have more time then it's your advantage to learn more and to earn too. That is an advantage but it is also a knife to us because we spend too much time to understand and observe the market, then learn more knowledge, that makes us have too much analysis on the market, we think a lot about all the cases that can happen, and it makes us very confused in deciding, then the emotions fluctuate and easy to make mistakes. Therefore, we should only use enough time for the market, should not spend too much, even professional traders, they also do not do it because they know time can be friends but it can also be an enemy |
|
|
|
The future of the paper money will still be good because the paper money can not be in a change by the digital currency, because of how where was the paper money will still be the most in interested in because it isn’t complicated for in can and everyone could find paper money without the need to buy a computer and smartphone not everyone was able to buy it
Paper money is still too suitable for this social stage because of simplicity, we do not need an intermediary devices in the transaction process, we can use directly with people quickly and conveniently, no class distinction and acceptable everywhere. However, things will grow and change over time, people will also be more modern, perhaps paper money will gradually be eliminated or reduced in number of users, this is necessary and must happen because society and life can not stop at one point, it needs to grow and move forward |
|
|
|
Countries which ban Bitcoin have a simple reason to do that they just fear the outgrowing power of this system and think this can disturb financial system of the country. But they should also recognize it as a new opportunity for people to invest and should support rather than imposing a ban.
Of course, Bitcoin has a big impact for the economy of a country when it allows people to make money without paying taxes, and also because of this, many people also use bitcoin to do illegal things, it makes the face of society become worse. Although some governments can deal with this, but some do not have the capacity to do it, they can not solve the problem that bitcoin creates, they can only ban Bitcoin, they accept losing an investment opportunity for everybody, instead of getting more trouble |
|
|
|
If bitcoin will become legal currency, then we have so much option in paying our bills or buying things online. This mean also that bitcoin is definitely taxable. Then people will bot enjoy it anymore because taxes are so big then. There is notjinh wrong of bitcoinneing a currency i guess.
Well, a lot of big problems will occur in this case because if bitcoin wants to become a legitimate currency, the government will definitely manage it, and as you said, bitcoin will have taxes, this will not be a small amount, we will be very sad when we work hard and the beneficiary is the government. Another problem is that the price of bitcoin will gradually become stable, the government will not allow the price of bitcoin to fluctuate sharply, this will facilitate the transaction and avoid the trouble for the economy, and the person who is most affected is us, so I never wish this to happen |
|
|
|
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
If i convert all my wealth into gold or bitcoin, I will choose the bitcoin because I believe that in bitcoin there's a lot of profit that can get. Bitcoin really helps to provide the things that is necessary in our life. Also the bitcoin has unique features that less hassle for us to have the money. Also the price of it always change which can help especially when it is increasing. Gold has not been as great as in the past when the government took control and made the price of gold less volatile, want to earn big profits, we will need to invest a lot of money, and this is a very difficult condition for many people. While gold makes people depressed, the appearance of bitcoin becomes a great investment phenomenon, Bitcoin provides a huge profit in the short term when people invest a reasonable amount of capital because the market is not controlled by the government, the value of bitcoin is very easy to pump |
|
|
|
as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
If you invest small amount in bitcoin, it will take longer time to earn 200% on your investments unless you have bigger amount for investment. What you should do is to choose some undervalued altcoins and hold them for 2-3 weeks, altcoins grow their value faster upto a limited stage. Once you make decent profits then move on bitcoin And before we start investing and choosing, we should have knowledge of the market, we should learn more about the skills to analyze, observe charts then the valuable experience from the traders other, it will be useful for us in the process of trading. A soldier should not fight without knowing the opponent, no weapons and the battlefield situation, that would be very dangerous, after completing the necessary things, everything you said would be very reasonable, we should choose good and potential altcoin, instead of bitcoin, what we need to do is buy low prices, keep and wait for a high price |
|
|
|
Bitcoin is changing the way we live. Bitcoin is changing the way we do business. Bitcoin is changing the way we travel and save our money/assets. Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties. What do you make of this, huh? Share with us what you think. thanks  Yes, it definitely does affect our world. It changes the world views money and currency. It changes the way people do business. It changes the lives of people who benefit from bitcoin. And it will bring more changes in te future. That's why it's becoming more and more popular. More and more people are getting fond of it. Because it affects and improves our lives, we can only say that it changes the lives of each person who works with it, changing the world is still a fantasy, it still does not have the capacity and the conditions to achieve that. The reason is that it is only exposed part of the world, a very small part, the rest did not know or have the wrong knowledge about it, and the government is still struggling with it, some governments have forbidden it, the spread is limited, that makes the path to everybody still too distant |
|
|
|
Actually it is a good point and should be always remain in the minds of investors and new investors. Knowledge is very critical element that you should learn in order to make appropriate decisions.
Exactly, knowledge of the field we invest is very important, if we do not have any knowledge, we will just throw money through the window or into the trash then the results we lose money stupid and unnecessary, this is a market, not a game, we should remember that. Although Bitcoin is a good place to invest but it also has risks and around it also has a lot of traps, these are traps belonging to other traders, they are the people who are trying to make money from the lack of knowledge, so if we do not want to fall into the trap, we need to understand bitcoin |
|
|
|
I agree. People are too focused on bitcoin every single minute. They can spend their time on other things such as learning how to use bitcoin properly or learn how to trade in a right way. Learn how to trade can make you become good in analyze the graph and therefore, you will know when bitcoin go up and when it will go down
That is the psychological anxiety of investors, even we ourselves sometimes also fall into that situation, especially when the market is red for a long time, we can hardly control emotions, regular observation is inevitable when our money is constantly disappearing. For people who are psychologically under too much pressure, they are easy to make wrong decisions, therefore, we should try to limit and control or look for something to do in the red market time, that will help us stabilize psychologically and forget the price of bitcoin |
|
|
|
No, I say bitcoin is still early, bitcoin will last up to 100 years from now so now is a good start for bitcoin investment, buy bitcoin then keep for a long time and we will succeed like the one who keep bitcoin since 10 years ago.
All these are just your predictions, there is nothing to guarantee for this problem, if they invest and lose, you will assume responsibility for this matter or not, and of course, I think you would answer no. The best advice is that he should rely on himself, he is an investor, he should have a private view of the investment that he is preparing to invest, every opinion is just a reference, the money belongs to him and he let others decide to help him, that was a mistake, he needs confidence and his own choice, if he does not do this, investment in bitcoin will also fail |
|
|
|
It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
not everyone can do this, I mean when the price is down(red) he still keeps calm and stays relaxed in the face of the situation, only people who have good instinct and analysis who can keep trading even though the market down(red).. Trading in its own is a big risk and a job that needs a lot of stamina plus patience. Not everyone who trades is a trader or more accurately a good trader. What I believe is that only veterans keep trading when the market is completely red. Immature traders will never dare doing trading under such circumstances. Those who are still active in trading are going to gain valuable experience in the field. Exactly, a trader that does not have enough experience needed will not be able to survive in the market red because at this moment, the market fluctuates without any rules, analysis and relying on conventional news to decide is impossible, everything needed in this market is the flexibility and adapt quickly. An ordinary trader will not own this, this only appears in the professional trader, people that already exists in this field for a long time and go through a lot of market volatility, they will know how to deal with this market |
|
|
|
I don't think that any government could stop Bitcoin since Bitcoin is a decentralized cryptocurrency that the transaction is done without any third party interference and it is done all over the globe freely. Since Bitcoin is not linked to any territory or financial institute we need only network connections and wallets for the transaction it is not necessary for exchanges so I don't think that even powerful governments could stop Bitcoin even if they wanted.
I do not think so, I believe that if power governments want, stop bitcoin is possible, power is absolute in this world, Bitcoin is still a technology created based on human knowledge, humans can create, humans can also destroy, Bitcoin can not resist this power. However, they will not do that when the bitcoin does not affect too much to their country, as long as bitcoin is still valuable to build their country, they will still let it survive, but if it creates big trouble, bad impact to the economy and society, they can only take all measures to remove it |
|
|
|
daily trading is so difficult if you are not good at trading or experience in trading. you have to follow the market every hour or even every minute. holding is sutable for newbies or people who dont know much about trading. i prefer holding
Holding is for people who has a lot of patience. These are the type of traders that do not want to get involved in something exciting. You're right that this trading strategy are for newbies or those who are afraid to risk their investment. But, come to think of it, will you reap rewards faster if you just sit all your money in one basket? Where's the life in that? With day-trading, it always keep you occupied. Gaining a lot of experience and lesson as you go through. I'm not against to those who would like to hold but I find it really boring. If I were to choose and recommend what is best, I would suggest to just hold bitcoin and some other coins, as per me since I don't have the time to regularly check and monitor coins then I am not doing a day trading, or else if I do it will consumes most of my time. Your choice is also very reasonable and safe, you know the conditions of yourself, and from there, you choose a suitable idea, not too much time, the best is still choose hold because we will not need to focus too much on the market, we have set the target, what we need to do is wait and occasionally observed. However, I also suggest you find more time to trading day with Bitcoin, the opportunity to make money is very much, not too much risk, taking advantage of this will be very good for your income |
|
|
|
For me, I don't think so, because poverty is one of the biggest problem in the whole world. So, even though there's a lot of person who works in Bitcoin they can't solve this kind of problem.
Yeah, the whole world is still very headache and face many difficulties in solving this problem, they tried very hard every year, but this issue has never disappeared, down a little was a great success, we can see the seriousness of this issue. Until now, bitcoin is still just an investment, an online asset, and its popularity is at a certain level, its presence in the world of poverty is without any influence because the poor need to work hard every day to maintain their lives, they will not have time to sit and face a computer, even they do not have money to buy a computer, Bitcoin will not be able to do anything for them |
|
|
|
I think if you have bitcoin and you want to sell it wait until bitcoin price is high or wait until you get the profit you want to achieve because if you sell it directly because of panic you will regret if the price is high then sheing you can not get the maximum profit.
In summary, depending on the level of our greed, we will decide whether we should sell or continue to hold our bitcoin, each person will have a profit goal and a different level of satisfaction, asking people's opinions on this issue is probably not a good idea. We need our own thoughts and opinions, that will help us not regret when we have made the decision, and should not let others influence and not act on emotions in the market, money is ours, we can not hear others, this is a battlefield, not a charity |
|
|
|
|
Btctalk name: geegaw
Rank: Hero Member
Current post count: 940
GBYTE address: VMFAYWEQT2B76DEODARBOSDEPBXUFSZG
Wear appropriate signature: Yes
Wear avatar: Yes
|
|
|
|
|
Show Posts
