|
Banks has not been so affected of bitcoin progress because bitcoin is not yet so widely used by many. Banks will be only concern to bitcoin when it finally be used by the majority. Why? Because it will steal yhe opportunities from the bank and it can also now offer what bank can offer. These makes bitcoin a competitor and this is where war will began. Banks will now be rebelling and will do every single thing to make bitcoin fall down and disappear to the community. Its not a good thing to be harassed by a bank but its not so far to happen t this poit because bitcoins growth is at a very large scale and continuously growing over time.
|
|
|
|
|
I go on panic when I heard that bitcoin will collapse the price.Many bitcoiners will be affected if this happen.But most of bitcoiners may panic they will sold their bitcoin before price down.But the big timers of bitcoin maybe they will hold it then wait for the surprise of bitcoin high price.
|
|
|
|
|
Its not true. Spending more time actually makes you perfect as long as you dont spend money out of thr limit. You spend the time on trading but do make sure that its a quality time. Just because you are spending time on trading will not make you talented in it but you may end up loosing your assets. Try to recover your trade if you are loosing something and see yourself how you can outperform it. This is important because anyone can we the trade as long as coins are pumping up but its even better if you know how to win when the coins are going down. This will need practice and lots of patience. So spend the time.
|
|
|
|
|
I think slowly but surely the national courses will eventually catch up and feature or at least mention cryptocurrency. Every single day cryptocurrencies are becoming more important then ever so eventually they will have to catch up. But right now a lot of governments are still scratching their heads on what to do with it.
|
|
|
|
|
Trading is and will always be viable. Of course, depending on what the future holds it might not be the optimal time like it was three or four years ago. But, it can still be profitable. Of course people holding Bitcoin is great, I've held for many years but we need people to be dealing in Bitcoin every day too. Whether that's through trading or buying and selling goods. Otherwise Bitcoin loses it's value and becomes a collectors item which it wasn't created for.
|
|
|
|
|
I think it is possible for bitcoin to replace the conventional money considering the diminishing number of materials that we need.Also bitcoins can be transferred more easily that the conventional money itself by the means of internet.But bitcoin still needs to improve itself to be able to replace the conventional money that we have.
|
|
|
|
|
That's a good idea to do both and good thing that you are aware about your monthly income. Having a job and trading is a good combination. While having fixed income per month at the same time you do trading in Bitcoin as another source of income. You can put some of your salary like 10% or more to buy Bitcoin and make it grow. But as of now, the price is high so you have to wait a bit to get this price lower.
|
|
|
|
|
I like to store most of my bitcoin in online wallets, because most often I need them for gamble, and when I need them, I cant wait for offline wallets and such and then take from their and then gamble.
|
|
|
|
|
It is not good advice to avoid trading just because you failed. Everyone fails and commits mistakes. It is wrong that you have trade too much when you are still a newbie in trading. You could have started small and move your way up slowly. Trading is profitable but takes a lot of patience and time to learn. Experience makes you better at it. So trading small while you gain experience is the best move.
|
|
|
|
|
I see it continuing to drop this month as people get more anxious over the August deadline. Worth hedging or cashing out now and buying low if you think it will go markedly lower yourself. There's lots of good Bitcoin announcements coming out regarding adoption, but I don't think we will see the benefit of this until after mid-late August.
|
|
|
|
|
As political conflicts between the US and North Korea intensify and global markets remain volatile as a result, the demand for Bitcoin will rise at an exponential rate. Already, in the US, South Korea, and Japan, Bitcoin trading volumes have been on the rise and have demonstrated a level of stability, which is considered as solid momentum indicators to predict Bitcoin’s price trend.
|
|
|
|
|
We all (the community of crypto traders) are in state of worry due to china government's restriction order on icos. In accordance with china terms,people are conforming rules due to which market of bitcoin has been influenced badly For people outside china,it is a great oppprtunity to store bitcoins as the price is speculated to get into its earlier stage very soon
|
|
|
|
|
I don't want to be that high in optimism, but I would love that to happen especially when I start buying/investing Bitcoins right now then holding it for a long time. However since Bitcoin's price is really unregulated and it is unstable, it is always in an up and down motion. At a certain month, it might constantly go down. I mean it really depends on the buyers and sellers, and never forget our miners. The demand and supply affects the movement of BTC.
|
|
|
|
|
basically i go for hold. first rule to make profit is buy low sell high. Bitcoin trading needs a lot patience. Buy butcoin/altcoins when they are low and sell them when they are high. You can use many sites for trading altcoins. like you can buy any altcoin in yobit and check its price on other sites like cryptopia or any other. if the price there is high just transfer then and sell them. remember to calculate the profit along with transfer charge.
|
|
|
|
|
At present I still store them in my wallet. I think the use of it is too costly, instead, we can still use cash or credit. Because the value of Bitcoin is currently high and I think it will increase in the future. Or have any unit smaller than Bitcoin many times to help us easily pay for example
|
|
|
|
|
Of course there would be money, the only time when there was no money was when people's fiance was done by exchanging items, the question is what will be "money" at that time. I think bitcoin will coexist with traditional payments for a long while before completely replacing them.
|
|
|
|
|
Considering the fact that the market value of Bitcoin is increasing day after day, converting your bitcoin to other coins seems loosing your money. Although buying bitcoin cash at the moment might be good for short term investor.
|
|
|
|
|
Show Posts
