it depends on the coin and it depends on the timing and it also depends on how much i have at stake.
if it is bitcoin we are talking about, i hold and even if i am trading and miss the selling target i never worry since it will be reached sooner or later.
but about altcoins i usually dump them as fast as i get the profit. for some coins it is 10% and for some of them it is 70% to 100% but if i see the rise is still going i can always buy back in one of the dips and get more profit. but i never wait around if i get the feeling that dump is nearing i will dump faster than anybody else can. and so far i have been successful to make profit.
It is true in choosing whether to hold or sell there are many things for you to consider. Because the decision we chose to do can track whether we going to earn or to loose. In trading we need to learn basic way to trade before we start on trading. And we need to always consider the price and current value of bitcoin. I prefer on monitoring it for me to know and to choose on whether selling my bitcoin or hold it. But my goal to earn more is also a great factor for me to hold my bitcoin hoping for more development on bitcoin price in the future. in general i think it will be best option if w hold our bitcoin. because still people are interested in bitcoin and are welling to invest money in bitcoin therefore more chances are that bitcoin price will increase more. |
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Bitcoin depends only on user activity, but I think that it will grow and become even more popular. Many have already decided to accept it as payment for goods or services.
It is growing and many people are starting to recognize bitcoin as something great and will make them rich. When bitcoin's price increases there are a lot of people that are being attracted because of the high price it gives to new comers. And they think it's easy to get one but some are buying bitcoin and just do hold it just like what others are doing which makes the supply lesser and makes the price higher. to me i am sure that the future of bitcoin is very bright and hope that bitcoin will become more popular as time passes, and will hole continue opportunities to the people to make more money. yes that is right i am also sure that the future of bitcoin will be too much bright, and it will continue its success for a long long time. because currency a very little number of people have any idea about bitcoin. and hope that when they will start using it it become more successful. |
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because i know that someday bitcoin will skyrocket,  and my current bitcoin will double its price. Yes thats true invest bitcoin while we can. As the price is currently increasing its not too late to buy now and think of the future. I buy bitcoin and hold it because I know it will increase and definitely I can earn profit for sure. Buy now before it will get to $3000 Dont wait til' you regret not buying the price now to get some good profit out of it. Investing is a wise decision today as the price will surely get to the moon. Definitely 100% return of income. In my opinion, as long as the price of bitcoin is not surpassing $2,500 price mark then bitcoin is still good to buy but if the price of bitcoin is higher than $2,500 then just keep being patient and don't chase the market and buy from top because you can easily get a lose, just wait for the dips and buy from those and wait for great return for your investment before you sell. I really don't know if the price of bitcoin will ever hit to $3000 by this year because i think it's nearly going to fall by a few months. Looking back when it was like $1200 after of some correction on bitcoin, i was surprised how the bitcoin reach to $2500 right now. I think you should start buying bitcoins now before it's going to crash, but i'm still waiting for the effect of the price if SegWit is being implemented. the price is almost touching the 2600$ again and i am sure that it is a very good sign. hope now the price of bitcoin will take the acceleration and will hopefully continue for a long time and will very soon cross 3000$ level. |
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i like "bitcoin wallet" for mobile, check it out on bitcoin.org, there all the wallet that you need to know about
yes there are many mobile wallet that you can used. When choosing a bitcoin wallet. make sure first that it was safe and secure where your bitcoin will not affect. Also choose what is best and appropriate to your country where you live. Like here in philippines, coins.ph is the best wallet for every filipino because you can convert your bitcoin into fiat currency in the philippines. But most popular wallets were blockchain.info and coinbase i myself using online wallet which is in fact very easy to use, for security reason i think you have the choice to use more than one wallet and distribute your all bitcoin in different places. |
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Bitcoin for a long time is able to grow very well and provide a person. Many in this way have already become millionaires.
in fact i am also in favour of long term investment. in long term investment there are less chances to lose your money, and specally for those people who do not have experience in short term investment. |
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Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.
Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
It may be right, but I think you are just provoking young people. They decide what they want to do.And parents will not accept this way unless the parents are also doing these kind of living. But it is really risky trusting in this digital currency. It was too risky for a young child for this kind of living. parent of this young people wont let their child for this kind of doing because the best that young people need right now was to finished their study. even bitcoin can make you millionaire at a young age, still there is a possibility that it wont happen. in some point it could destroy the life of a young people. i think they should go but on one condition that if they have completed their education, because after education they have to adopt a profession and am sure that bitcoin trading will be a good opportunity for them. |
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Yes! Bitcoin's value has made people leave their current jobs that pay little to focus on earning bitcoin. The high price of bitcoin will give their lives more money and relaxation. Their meager-paying jobs are more stressful I believe.
Bitcoin is the best source of income as of now and i believe that bitcoin will become one of the best in demand part time job in the internet after a few years because just like in signature campaign, they can do it and also earn money by just posting their thoughts in different topics and have a great amount of salary from their campaigns. that is very right that in present time the best source of income is bitcoin, and think majority of bitcoin users are betting benefit from it and i am sure that bitcoin will continue providing us that facilities. |
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I was heard the bitcoin to my friend, on the first I was not interested and I was confused regarding to the transactions. But when I was gambled in thru online I become interested to bitcoin due to high amount winning rate. Until I continue and discovered more in bitcoin.
for the first time i also heard about bitcoin from my friend for a long long ago, but unfortunately i did not give proper time to it, and now i am really feeling a little disappointed that if i invested a good money at that time i will be now millionaire. |
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I like that idea. haha However i think all land over earth is owned by a government/person, so it's not that easy.
I think the key just gets the blessing and permission from the government. After that happens then bitcoin will grow very fast, many stores and agencies will adopt bitcoin, but to get legalization from the government is not easy, may have to remove the decentralization of bitcoin? If bitcoin has been legalize, the government will take in full control over tax in bitcoin. The government knows that they are losing taxes in terms of digital currency. Bitcoin will grow fast if it has been legalize but how about the users and earners of bitcoin? Does this thing has a positive result? Yah I know. If the bitcoin will legalize in all country there is a big possibility that the government will control the bitcoin. The government for sure take full over tax in the bitcoin. that is not so easy, they should only announce like japan that they have legalize bitcoin and i am sure that there will be no need to have full control over bitcoin and bitcoin will remain in its original form. |
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Bitcoin is not suitable for deposits and loans due to its instability. During the year the price could rise by 100 percent or more. Name me one suicide which is ready to take out a loan at 100% per annum. Bitcoin can only be used for trading.
If you know that there are people here who is making it as a business. They know that loans are too risky and it's both making awareness for lender and borrower. Bitcoin is a currency and it's not just for trading, it's also good for loans and the forum has the lending section. But this business is also a risk in the part of lenders. Yes loan is so risky especially in bitcoin and here in forum some members are take a loan but their an options before they get their loan. Yes this kind of business are risk because once lenders didn't pay for what he get that is a big problem. There are options before a borrower will be approved, if he is a trustworthy member here he can have a smooth and decent request from the lender. But for some that aren't known they need to present a valid collateral in able to be approved by the lender but if the collateral isn't enough to their asking amount, possibly they will be rejected or amount will be lowered. The main thing has used by the bank that the collateral must be worthed more than the value of the amount will be given to the lenders. That makes the borrower will be scared to fuck off with all of the money. that will be pushed the borrowes to pay off the loan. to me i personally do not like loan, as there nothing to say about the price of bitcoin and if the price unexpected comes down then it will become difficult for me to return the loan. |
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I think bitcoin and many other crypto's have a bright future! There is a of great development behind the scenes to a degree most of us could not comprehend so I really doubt that bitcoin will be going anywhere. Its a strong community and has so much potential still waiting to be unlocked.
All the coins have a bright future ahead, I know that. It will be like some sort of new currencies, papers and real coins will be replaced into a digital and technology driven currency. The potential of it is growing day by day, many of people in the businesses and even ordinary people uses this cryptocurrency and with that, if a lot more people will know about it. They will choose it because it is less hassle than real money because it is pretty handy and can be controlled by a mobile phones. i don't think that it will be replaced in short time because it needs a time before papers and real coins is replaced into a digital and technology beside that, in offline thing needs to be integrated first with online media and then it needs to test if it works good or not and then the system will work together. no doubt that it will take a lot time. because currently the number of bitcoin users are very low and it will take a lot of time may be decades or centuries when the majority people will start using bitcoin. |
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Holding altcoins for long term is very risky as you never know when its price will crash so the best way to play with altcoins is to sell them when its giving you good profits but when it comes to bitcoins then I prefer to hold it for a long term as price will surely go higher in future.
That depends on the quality of the alt-coins. If you are talking about shitcoins then I agree, but their are a lot of quality alt coins that could go up many times higher than btc in a shorter time frame. Well to find out the bets alt coin is the difficult task other than ETH. You need to diversify whenever you are investing in alt coin. Only project which have good management team, who spends on campaigns, make payment on time, have some good features about coin should be ideal ones you can look to invest in it. to me i think a lot of altcoins are there who have good potential and their price is also high, therefore i think investment there in present time can be more profitable. but you need to be patient about selling your bitcoin. |
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we can use bitcoin any where, and easy to send receive the money.i like most important point is no need to depand upon the any bank.
easy to send, easy to receive, easy to spend and i think too much easy to earn, if you have some knowledge about trading from where you can in fact earn unlimited amount of money. so i think people still have good knowledge about bitcoin. |
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The possibility. Bitcoin has only it's future ahead of it and it can be wildly successful, I hope it is. I hope it's able to be a safe alternative for people. I hope it's able to keep some bad practices in control. Competition is a good thing and competition among currencies in a country doesn't exist.
I agree with you. beacuse it's able to be a safe alternative for people. a very good quality of bitcoin is discussed by you here that bitcoin provides safe alternative for people and it is full of opportunities of jobs and buying online goods is one of the good point about bitcoin, it helps the poor and needy to save something for their future and family and that’s what I like the most about bitcoin. The other benefit of this is that it give the people from all over the world the access to the world marketplace. People with bitcoin can now buy online things from all over the world because bitcoin is working in every part of the world and other payment processors are limited to some countries. In my opinion, the best thing from Bitcoin is that we can easily send a very big amount of Bitcoin (equals to a very big value) with a really small fee (with comparation to transaction's amount) i think bitcoin is all round best, for exampl the decentralization character, anonymous character, easy transaction and bitcoin is also providing opportunities to make more bitcoin. |
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I don’t think the real usage if bitcoin is in real life right now. Bitcoin is a online currency that people can send to each other for goods or services. It doesn’t matter if it has a long confirmation time, since there is usually no way to revert a transaction which makes the buyer and seller both feel secure. Business have never been easier to grow with bitcoin and it has never been easier to have an idea and then be able to nurture it and grow it with bitcoin. There are heaps of business that are growing due to Bitcoin: gambling, exchanges, online shops and payment processors. And dude, what are you thinking? Can you use gold to buy items in real life, no since gold is an investment option similar to bitcoin, except you can use bitcoin to buy online items. To me, I call bitcoin, “internet gold”.
even basically bitcoin are an online currency it's doesn't mean not fit to real life usage. but yeah for now i think the only thing you can use bitcoin in real life are to buy a cup of coffee as while waiting the transaction confirmed you will still be there. the other merchants might still required a lot of work, as double spend crime could happened when a merchant accept 0 confirmation, not really fit for now. although bitcoin is an online currency, but i am sure that there are some countries where bitcoin can even use in local shops, local shops are already accepting bitcoin. and very soon this trend will become exceed and people will start using bitcoin in local shops also. |
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Hello everyone,
I would like that each one participates in sharing the different sites shopping online (International) that accept the bitcoin, as well as different ways to spend BTC, thank you.
I think it would be better if saving and holding to make a purchase with bitcoin, with very high bitcoin prices would be better if it could be used to do business like trade and investment, but that's just your advice and your decision right to decide. I agree that it’s better to save and hold you bitcoin because there is a possibility that the price of bitcoin will increase day by day in the near future. In addition to that, some people trade their bitcoin in any trading sites because trading is one best source of bitcoin.As of now I save and hold my bitcoin, and then I will sell it when the price is rapidly increasing. in fact currently the best option is to hold it, because the price is trading a little low and there are more chances that its price will increase too much in future therefore it will be good hold bitcoin and not to sell it right now. |
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On my opinion, Bitcoin is can be use by ordinary citizen as long as he know how to use technology, because bitcoin in digital currency.
I think bitcoin is more popular in middle class people than lower class. And as long as this mid class know how to use internet and have a smart phone they can use bitcoin and of course their interest is caught by bitcoin. Lower class people I think don't mind bitcoin because they're more focus in getting their daily food for them. Surviving in everyday life is a struggle for them. now even the lower class have good knowledge about bitcoin and i am sure that even these poor people are using bitcoin, to me i think the most important think is to introduce bitcoin in very corner of the world so that the concept of use of bitcoin by rich and poor people is over. |
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It is not safe to store your currency on exchange for long period of time. Don't put all eggs in one basket, to save all your funds at one place is the worst idea. There are many exchanges which are got hacked in the past, so try to put your coins in different places not on exchange.
i think you do not remember that what happen to bitfinex when it hacked and alot of the people money was lost to me i think it good to nvest your money in blockchain wher eyou can get additional security to your bitcoins. |
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Do you trade altcoins regularly or buy and hold them? Which is more profitable?
For now I only buy and hold to make profit not trade. I believe this is the best strategy for me because I have no skill and knowledge. I use long time period and buy cheap coins, never forget stop loss and we call it martiangle strategy. Money management is important and also need extra patience, not always get profit every day is the reason. Disciplines buying only with 60% for safety investment is necessary. Good luck. i like the both option. i have distributed my amount of money, i want to distribute my money in different places because i feel myself more secure when i distribute my money in different places. i mostly trade such coins which have more potential to increase. |
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Selling it locally, such as through CL or localbitcoins, could work without a paper trail. However, depositing that much cash into your bank would raise suspicions.
using any source theamount will at last go to your account and then FBR as in my country must have to investigate such a big amount that where that money from from and you have to give a valid source of your income. |
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