In order to answer this question the first thing you need to answer is what do you mean when you say you want to invest in . Do you want to buy the currency in hopes it will appreciate it value? Do you want to invest in related companies? Are you looking to day trade with s?
Is they say they want to invest on i think they want to buy and hold it for a long time. That's what I understand so if you want to invest on buy on it and hold it for a long time. exactly bitcoin is the only long time investment product and you have to be good enough to be patience to got profit i think if any one wants short term profit then there are a lot of crypto there which are very good in this business. there are many altcoin which we can also used for long time investment purpose and i think for now they will do better than bitcoin. |
|
|
|
I don't panic really. When an altcoin I hold drops I know it will recover eventually because I always analyze my investment before investing in the first place. I think I will consider panicking once the internet shuts off for some reason.
I agree with that it is not needed to panic. It is needed always to control itself and investments. And reasons for panic, as time showed, - no. in trading or in any business you should have to got enough confidence to handle pressure mostly in the case of any kind of loss you have to be strong enough to handle it and you should have to be strong enough to take take risk. this is the only way that you can got success in the trading the person who panic all the time when got loss in the trading cannot survive long in it. |
|
|
|
buy a bitcoin for now then stock it in many year then you will got a big profit
Absolutely right, I am suppose to buy bitcoin last week but for other instances, i did not make it. As soon as i get my first payment from signature campaign, i will buy bitcoin to have a big profit. For me, if I get a payment from the signature campaign I'm not would buy Bitcoin but I will buy the altcoin (for short term trading) But I agree that Bitcoin is suitable for long-term investments. Short term trading is a good choice for you to put your money from signature campaigns because in that way you can grow your money easily and you don't need to buy bitcoins anymore because you can just do trading and generate more and more bitcoin for long term investment or holdings to earn more fiat value. it is risky sometimes you don't know the exact movement of the coin and you don't exactly predict its price for the future but yeah sometime experience in it can even very helpful for it to do. but i think according to my opinion long term is better than short term and you can even predict the price of the coin for long term like every one knows that in 2 years etherium will go to moon. |
|
|
|
I'm one of those that will tell you that for at least another five years you were going to get a study rise out of Bitcoin. That is based on the history of the coin and the direction that it's going. I have 100% confidence and getting at least another two years of upward price movement with Bitcoin. That being said, I would not ever put 100% of my Assets in anything. That is the end-all and be-all of your financial life.
Right. I also agree with you about how bright btc's future would be though that's not a logical reason to put evrything there. Diversifying your assets is still the best way to do it even if some aren't placed in huge profit earners like bitcoin. We still can't be sure although all ways point to a bright btc future you're looking very new to trading and you don't even know the logic of it. it is very common term trading that never put all your eggs in one basket it is always dangerous. through bitcoin has a great future but altcoin like "IOTA" , "ripple" , and etherium they are showing great potential and i think they will be very help in future. |
|
|
|
I don't quite understand what you are getting at, but what you should do is not spend your but instead save it for when it will be worth $1,000,000.  That's true , optimistics is a must but don't forget about the plan B . There's no harm to split it like 70% for and tge rest for altcoin , incase the altcoin could make a surprise on . For example ethereum that rumoured everytime it could replace position as the biggest cryptocurrency , why not it could happened right? yeah putting all the eggs in the one basket is something very foolish thing in the term of trading and business. i think there are many altcoin right now which have enough potential that they can surprise you anytime. etherium has very much potential and you will see its result in 2 to 3year. i think we all will see that how its price will go to moon in the future. |
|
|
|
The real is the one we can use for FAST AND CHEAP transactions across the globe. Which one do you think fits the criteria?
The other is slowly and steadily drifting apart from this to become a "digital asset" or "digital gold" with no real use.
is it a joke ? i think to compare bitcoin with bch is like comparing father with son. i think both have no comparison. bch have given this hype only because of bitcoin and both are very different in working. if we compare the transection time of both there is a difference of earth and sky in both. i think only etherium is something comparable to bitcoin. |
|
|
|
Many people still underestimate the potential of Bitcoin until now even though its price is growing, and we can't do anything about that, let them hate until they want because that's the only thing that they can do best. Bitcoin will go wherever it wants to go and for me the price of it will upward trend more in the future.
i think if we talk about 2 to 3 year before than yeah most of the people underestimate its potential and it we talk about the day it launched "2009" to onward then yeah everyone underestimate its potential but i think now i think there are many altcoin which have more potential than it and they will go to moon in the future. so, its better to invest in altcoin rather than bitcoin now. they will do same like bitcoin in future |
|
|
|
Bitcoin needs altcoin because it will boost the circulation of the supply of bitcoin because it will be distributed not only to the investors and bitcoin market and also for the altcoin market and that is an advantage because there is a lot of altcoin market and that will make the volatility even stronger.
both need each other. i think bitcoin plays a vital role in the growth in the price of altcoin and simultaneously altcoin plays a vital role in the growth of bitcoin. the more and more people comes towards cryptocurrency it will be helpful for both bitcoin and altcoin. but i think the altcoin being junior and bitcoin being mother of all depends upon altcoin more than altcoin or bitcoin. |
|
|
|
Hi guys, I want your opinion if how can you see in the near future.
As I can see today is aa very helpful thing in terms of financial and others things that money was involved. All I can say is that I can see in the future that is very progressive and very good in a way of having a high value and many people are using it in that time. will be a big thing in the future to many people. yeah i think it is a great tool and will be very helpful for the altcoin as well because we have seen that whenever the price of the bitcoin rises the price of the altcoin rise automatically. the price of the altcoin directly depend upon the the price of bitcoin. so, ti don't think only bitcoin but altcoin as well has a great future. |
|
|
|
I just kept my Bitcoin in my purse, waiting until it became more and more income I would get.
I will turn some bitcoin to travel and buy the stuff that I like
i think holding in now condition is not a good idea right now because i think it is really often that it will rise so, fast. now i am focusing on some of the alt like tenx and monero and ripple. i think investment in them for long term will be very beneficial and it will gives more profit than bitcoin and yes investing in ETH right now will be also beneficial in future. |
|
|
|
i think you should invest first on something that would earn, take insurance and if you are confident that you already have enough, then go on and buy your dream house.
for that you have to invest a good volume in it right now and should have to wait for almost 2 to 3 years for this and if you are experiences in the trading of altcoin than this time period will be get low but just from earning it online or from making it from less investment i don't think you will be able to get close to your dream. |
|
|
|
: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, is truly worth and everyone who has sold their has made a huge mistake. Nothing can stop right now.
I totally agree with these, but the only thing that makes gold better than BTC is that gold's price is not volatile, it's a sure investment. On the other hand, 's volatility makes it good for short-term investments and even for long term investments. A lot of people are investing more in than gold. i always read that post in trading thread or in discussion that has beaten gold or damm question like " which is better or gold". i think they are totally rubbish. if you ask that type of question 4 year back or 3 year back then i think yes they make some sense but i think right now i don't even think that anyone has right to ask such type of rubbish questions. the way is increasing its price and the way more or more people coming towards it. i don't even think that it has any comparision with gold or any other crypto currency right now. |
|
|
|
For me its better to spend more time in trading because for sure if you spend more time in trading you can know the coin pumping and dumping or you can see what coin the best to buy. For sure you will earn more chances to earn bit profit if you spent more time in trading but it depends to your luck if you get profit or not. But me I think I spent only 2-3 hours as of now because im busy in school.
most of the time i have listen this term is for gambling but you are saying totally different. i am quite agree with you bro i think for me spending more time in trading helps me in getting knowledge about it and it has updated me for the up and down of the coins and help me to take the right decision in trading. as long as you give time to trading. it will gives you enough update so, you can automatically take right decision for your short term or long term investment. |
|
|
|
Just wondering, would would be the safest way to sell your bitcoins? Is there any platform considered universally "safe" to convert BTC in USD through Paypal, or direct deposit or something? Thank you!
Whether there is no local exchanger in your place, I advise to sell it on sites that are trusted like localbitcoins. I myself sell bitcoin at local exchanger directly to the currency in my country. yeah if you want to exchange it to the iat money respected to your country. i think it's better that you should find some local exchange respected to your country. you can easily find it through google or youtube but if you don't find any i recommend you to use local bitcoin. it is usable all over the world in the exchange of btc. |
|
|
|
If it were so bad there would not be so much trading volume on the market. But I also think holding is better.
Also, statistically, holders have much better results than most traders in terms of earnings, as long as they are holding the right assets.
Actually the crypto market still very potential and easy earning profit if you can spend your money buy and long term it, or choose an altcoin for have profit better if you know. The price of cryptocurrency in future can growth more but we need create this trend first. yeah exactly the future of crypto as a whole is really bright. i think there are severe chances of some crypto currencies which have potential that they will reach to milestone in the future. i think most of crypto are just risen their price to unbelievable level and in future i am focusing on keeping some of my funds in altcoins as well. no one can predict future. |
|
|
|
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Bitcoin has a great future we all know that Today but the thing is what will going to happen tomorrow? Is bitcoin really do great thing and great changes? Some professional of bitcoin tell that on 2020-2030 bitcoin build its own foundation to replaced the dollar. And that was so exciting. If you have plans to put all your money in bitcoin that was very gpod but you have to left some money for your foods and daily expenses. yes that is right that bitcoin has a great future therefore i can say that investing money in bitcoin in present time will be more profitable. i think those people who can manage to hold bitcoin for a good time they should try to invest more and more money in bitcoin because its price can increase too much high in next few years. i don't think it is the right time to invest into it. i always invest in it when price get stable or fluctuate between some specific price and that strategy gives me a good profit always. at that time there are very low chances of back drop and you can get a good amount of profit in a month or 2. |
|
|
|
well there is no fixed income for bitcoin, you can earn more as you want depend on your investment, youe profit is directly proportional to your income, so keep your income high for maximum profit and your income increase by time.
trading is just like business not like any permanent job through which you got permanent salary of weekly or monthly basis. i think you just have to keep in mind that it is just a source to make money and sometime you also have to lose money instead of making money so, keep calm and return to the basic knowledge of it and invest your money after gaining some knowledge and experience of trading. without experience you will not be able to get good profit on weekly or daily basis. |
|
|
|
I think is more risky than job.So I will choose not quit job but also work on .I treat as a part time job.And if I get 100$ for weekly, I am very much okay with that.Job will give me high income for spent long time which sometimes can't give.
Choose both is best choice, because the job in community not stable income like main job in outside we are working hard every day. I think although the opportunity get rich when working with always but we should choose safest place  bitcoin is always a side income for me and i hadn't ever depends upon it for my daily expenses. yeah i am a teenager it is best for me to meet my expenses and daily need but i never depend upon it to pay my internet bills or to pay my university fee. yeah i have made a lot of btc in the time period of 2 years and now i am just focusing to collect more or earn more from different means and just start my own business. |
|
|
|
I dream that i can get a lot of bitcoin and i wanna build an food company to earn more money. I will take the risk of business because every risk you can challenge yourself.
yeah my dream is same like you i am saving money for the future and i have assign myself a time period of two year for starting my own business and i am focussing on it. right now i am spending as low as i can for my daily use and saving for the future to start my own business for a better life style. |
|
|
|
Many have suggested coinbase or xapo wallet, yes they are good wallets if you are solely looking to avoid miner fees but keep in mind they don't give you access to your private keys so it's best you don't keep alot of BTC there. Honestly, don't try to avoid the miners fees, the blockchain runs only because of the miners and I think it's your duty to pay those s miner fees to them.
i don't use xapo or coinbase but since i am into bitcoin. i am using blockchain and it is very good for me in the term of saving my investment for the long term and exchange i am using is bittrex to exchange it into crypto currency. since then both are really good for me in their own mean and purpose. |
|
|
|
|
Show Posts
