I think that for our future generation we must make the endeavor to create their space in BTC. Till the point of time they are mature enough to venture into the world of Crypto-currency, transfer a certain percentage of every bitcoin we earn, by all ways and means, into their wallet. We also need to regularly monitor their savings as we do for ours. At the same time, we need to slowly infuse the hard earned knowledge gained from the BTC world into them. This will ensure that once they are mature, they will be ready to dive into the world of Crypto-currency and efficiently swim across the storms and waves of this ocean.
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I personally feel that if any government would like to ban Bitcoin, it will definitely back fire on the state. You need to know the consequences of banning bitcoin. Today, the survival of millions of websites need to use the links to bitcoin. Hence, it is indispensable to the internet world. Also, we must not forget that a huge chunk of think tanks in all countries depend bitcoin as the source of their livelihood. Hence, if it is made illegal it’s value will increase.
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The concept of the two terms “educated” and “knowledgeable” are poles apart. Being educated does not necessarily have any logical and scientific correlation to being knowledgeable. More specifically in the relatively new world of Crypto-currency you will find millions of knowledgeable members of the Bitcoin Forum who can do wonders. However, they may or may not be well educated. The hunger for knowledge in this world of Crypto-currency is primarily based on the mother nature of gaining excellence in the increase of generating profit as opposed to the investments already made. On the contrary, the hunger for being educated here has more to do with the synthesis of development and technical design of the application. I hope, my friend, I have been able to explode my understanding of the new world to clarify your doubts on the two different terms related to bitcoin.
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The intention of BTC is not to make a financial institution disappear. It is there to improvise newer functions effective for the customers. Hence, they would not function as they do now. Rather it will help them to create a new fiat structures for newer banking procedures that will be financially beneficial for their cutomers.
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Life if mortal. Nobody can live to see the world after 100 years. Again to survive today funding is mandatory. Hence, the necessity is to create a recurring source of funds that would secure the minimum material necessities of our daily lives. Once this process is established, we can move into expansion or diversification without disturbing the already established process. Hence, we slowly need to move into a recurring process of magnification of fund inflow. Even if we are at 60 it is never to late to start the process. We may be born poor, but at least we can die very rich.
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The main reason for selling BTC is you need the fiat equivalent. We are investing time and earning BTC to be able to gain profit from it. A lot of buyers are content with a 20x or even a 40x profit. Not everybody may be able to take a risk of losing it and would rather enjoy the gains by watching green and red candles.
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Bitcoin, at the beginning, has given me opportunity to invest time and venture in the new form of currency. I preserve a lot of respect and love for the new technological research grooming in the new world of Crypto-currency. I want to use this form of investment as a constant stream of income especially through these forums. I would like to use it as a source of recurring income that will substantiate my regular income and substitute my job. I want to really fly high into the space of Crypto-currency using the wings of Bitcoin.
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Bitcoin international version of local cash. Any cash transaction need to governed by the protocols of the currency. On the contrary transaction using bitcoin is free of tax and you could easily transfer large amount without the risk in transactions. It could also be termed as virtual cash and hence be more useful than cash. You could use you bitcoin wallet and carry virtually infinite money without the fear of the exposing the limits. Hence, bitcoin just makes it easier for its users to store their wealth in the grip.
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It's not just risky but also not a wise thing to do. The wisest thing would be to have a diversified portfolio. Invest your money in various different coins or businesses. If you lose in one you can cover the losses from other coins or businesses.
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It is quite normal for adventurous people to start trading bitcoin in exchanges or accepting bitcoin once bitcoin becomes legal in any country. However, they must not forget that it is completely upon the discretion of the legal authorities of the country to maintain the legal notions supporting the business. One fine day, if they make it “illegal” again, then the consequences binding the person to the business will become a liability for the rest of his/life. However, I sincerely support the growth of the business in India. The depreciating GDP in India needs this sort of a business to be successfully available in every home in India.
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To survive today funding is mandatory. The same holds true for tomorrow and days ahead. Hence, the necessity is to create a recurring source of funds that would secure the minimum material necessities of our daily lives. Once this is established, we can move into expansion or diversification without disturbing the already established process. Hence, we slowly need to move into a recurring process of magnification of fund inflow.
Bitcointalk is the safest and a secure way to start.
That is my goal.
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To survive today funding is mandatory. The same holds true for tomorrow and days ahead. Hence, the necessity is to create a recurring source of funds that would secure the minimum material necessities of our daily lives. This needs a process. A tested and secure one. Once this is established, we can move into expansion or diversification without disturbing the already established process. Hence, we slowly need to move into a recurring process of magnification of fund inflow.
And, Bitcointalk is the safest and a secure way to start.
That is my goal.
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To survive today funding is mandatory. The same holds true for tomorrow and days ahead. Hence, the necessity is to create a recurring source of funds that would secure the minimum material necessities of our daily lives. Once this is established, we can move into expansion or diversification without disturbing the already established process. Hence, we slowly need to move into a recurring process of magnification of fund inflow.
And, Bitcointalk is the safest and a secure way to start.
That is my goal.
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To survive today funding is mandatory. Hence, the necessity is to create a recurring source of funds that would secure the minimum material necessities of our daily lives. Once this is established, we can move into expansion or diversification without disturbing the already established process. Hence, we slowly need to move into a recurring process of magnification of fund inflow.
And, Bitcointalk is the safest and a secure start.
That is my goal.
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To survive today funding is mandatory. The same holds true for tomorrow and days ahead. Hence, the necessity is to create a recurring source of funds that would secure the minimum material necessities of our daily lives. Once this is established, we can move into expansion or diversification without disturbing the already established process. Hence, we slowly need to move into a recurring process of magnification of fund inflow.
And, Bitcointalk is the safest and a secure start.
That is my goal.
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To survive today funding is mandatory. The same holds true for tomorrow and days ahead. Hence, the necessity is to create a recurring source of funds that would secure the minimum material necessities of our daily lives. This needs a process. A tested and secure one. Once this is established, we can move into expansion or diversification without disturbing the already established process. Hence, we slowly need to move into a recurring process of magnification of fund inflow. And, Bitcointalk is the start.
That is my goal.
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