This question is especially for those who have been into crypto for a long time. How did cryptocurrency help you, most specifically financially? Did you earn more? Gain more investment? I do have a friend who wants to get into crypto but he does not have a lot of savings in his bank account or any major investment. I told him to save more before getting into crypto because they still have mortgage and car loan to pay. Do you think crypto will help him out to?
Crypto currencies helped me to have an extra income that helped my daily financial needs. Thats why i continue to join giveaways bounties to earn more. I am thankful because with this it helped me to have extra income. |
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Long term trading is good for us people who is saving for our future and familys future. And i think long term trading is more profitable compare to day trading.
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Not only are the scammers doing the fake accounts that say "send .02 BTC and get triple" but apparently now they are either buying verified accounts or hacking them and changing the names and pictures to cryptocurrency people. Now it can actually be hard to tell if someone is scamming.
An example:https://twitter.com/officialmcafee/status/967887920991559681
Really shitty that this is happening. Be careful everyone
That is true my sister experienced that kind of hacking same thing transferred .02 btc and get almost all the coins she had in her wallet. We should really be careful never trust anyone and keep our wallet secured. |
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Actually existence of bitcoin is not a threat to jobs and national currency because to the regular employee for sure they will not leave their job because it is their source of income and to national currencies it will not be a threat because national currencies are regulated by the government of each country.
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As we all know, stock market had been there for a very long time now and on the other hand, cryptocurrency is a fast rising trend when it comes to the world of trade and commerce. Some may prefer to invest in crypto because of high returns but some will still go with stock market and play it safe.
In your opinion, what will be the best option to invest your money on?
I prefer crypto currency because it is more profitable compare to that of stock market. The investment i have in the stock market took so long before i earn a good interest. |
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I am proud to say that I am a woman. I can say that many women now are into crypto currencies. It is a big help on my daily finances. Bitcoin is a very good investment we just need to patient and ready to take risk because of the market flactuation.
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As we all know, stock market had been there for a very long time now and on the other hand, cryptocurrency is a fast rising trend when it comes to the world of trade and commerce. Some may prefer to invest in crypto because of high returns but some will still go with stock market and play it safe.
In your opinion, what will be the best option to invest your money on?
I prefer crypto currency because the earnings of our investment is faster compare to that of the stock market. I had invested in the stock market for so long but i shares of stocks did not earn too much unlike here in the crypto market i had gained more than i expected. |
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Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?
Source: cnbc
Well that is not true bitcoin will not be headed to zero! the market flactuation is just normal and bitcoin is not useless because lots of people already benefit from investing in bitcoin. Bitcoin will continue for long time. I agree with you that comment from CEO of paypal is non-sense. |
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Definitely agree on that the higher the risk we take is the higher the benefit that we will get but of course do not forget the downfall which is also part of the risk that we are facing. Just like in the business if we will limit our investment and we are afraid to take risk our income would be limited. Thats why taking risk is so beneficial we just need to have high risk tolerance.
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Yes I am still holding because i don’t want to loose the original capital that i had invested. We all know that the market is too volatile and it will go back to normal let us just wait patiently.
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Well not all poor people are stupid they did not want to grow in a poor family or community there are lots of poir people who have determination to be successful in life and I think that phrase is not that good enough because there are also rich people who are stupid it just depends on how people live their lives wether they are rich or poor.
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Of course not we are not wasting time in bitcoin. Spending time in bitcoin is worth it specially if our investments earned a good profit. I would continue to spend time with bitcoin because my knowledge become more broad and my strategies becomes wider in spending time in bitcoins. |
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Between the two i will choose first the real job because of the regular stable income but of course i will do at the same time the crypto because it brings additional income or rather big income in a short period of time but of course it is risky.
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You have a good point there bank will soon adopt the crypto currencies and will offer loan in crypto currency kind. I think bank foresee what will happen if the fiat currencies are no longer available they have to adopt cryptos and im sure right they are into bitcoin investment.
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Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
The market is really in a deep situation right now that everyone is not expecting what i will do is sit back and relax and will wait for the crypto currencies to have a high rate again will just continue to hold. |
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Spending time with bitcoin is worth it because it opened doors for us to earn income by means of investing and working as well for the different campaigns that brings us additional income. The time we spent for bitcoin is very beneficial. |
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Looking at how BTC is and its ability to increase, I have seen people posting all all over the forum that can I buy now, is this the right time to buy and many more. To me I think every time is the right and best time to buy BTC so we should go on and buy any amount we want to and stop all those post because when you buy now there will surely be a time to come where it will increase in price for you to enjoy it. We can buy and sell anytime and anytime is the best time. What do you think guys? Any suggestions?
It would depends on the analysis on when I will buy and sell because we have to think wisely when are we going to buy and sell to avoid such losses. |
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I never understood why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.
So in Short - ICO's are killing Bitcoin and CryptoMarkets.
Of course not the ICO’s cannot kill bitcoin because they are not yet established they will go through a tough process before they could reach the success of bitcoin. |
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We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
I don’t think it would be a threat to jobs because just like me i consider doing this investments as an additional to my sources of income aside from doing my regular job. Both are a big help for me thats why im doing both and it is not a threat. Not a threat as well in the national currencies. |
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In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
Of course like anyone else i do prefer increase in bitcoin. Bitcoin has a very substantial value because it becomes bigger and bigger unlike fiat that the value remains the same. |
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