I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
The only thing that you have to do to secure your Bitcoin is get a wallet that is secured from hackers, For me it is safe to put it in a hardware wallet because hackers couldn't access it for sure because they need your hardware wallet to open or make some transaction in your wallet, They also say that a paper wallet is a good one for a long term holding of your crypto currency but I never really try it out. |
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I think you are right and there are solid proof to that as we all remember the ATH of Bitcoin that occur on December,
Well I wonder how many people lose some of their money because of investing in that price,
I think investment really is not about how much you invested it is the timing of your investment,
It is also one what I believe because when I was just new in Bitcoin there are so many investment sites (HYIP) to be exact ,
And most of them would turn out to be a scam for me you should really get in and pull out all your investment before it becomes a scam so yeah timing is important in investment,
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In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods, or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?
The only challenge with a small investment is that you couldn't really assume to get a huge profit, But sometimes when you invest a money in a business and you are really working hard for the business then you could make that business successful, For me small investment is always a good start for investment because you could try everything with it unlike when you invested a huge amount just a small mistake and everything would be torn down. |
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Yes I still use it is the only ether wallet that I know where I could see my ethereum tokens or erc20,
I think it is safe just make sure that your way to access your wallet is secured and always check the link of the website.
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Yes we could really say that it is just a vehicle and we are the one who is responsible for the movement,
People are the one who are responsible for the price increase and for the decrease even for the news the bad ones or the good ones we are the one who are making it,
It is just the outcome of what we all do with our crypto.
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I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
Well we all know how it works all the crypto currency depends on the demand so does their price, And yeah for every earning you made in crypto is a lost from some else because they have a weak hands to sell it or they need Fiat , The Bitcoin have already proves it ,It has been in the market for 9 years and it would continue to be with us as long as there is a demand or a support from the investors. |
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Well if you don't want to hold it then take advantage of the volatility of Bitcoin,
Play with your Bitcoin at the market if you want but don't cry or whine when you lose some money because of it,
The reason why you should hold is to earn some profit because you believe that the price would fly high soon.
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Yes exchange have a huge earning from people who are using their website to trade ,
But they are also using that money to improve their website or to keep their website trustworthy,
They need money to keep their transaction smooth and to upgrade their system and security from time to time to keep their clients safe.
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Online wallets could be hacked but the hard ware wallets I think it is impossible to be hacked,
They could only access your hard ware wallet if they have your back up keys and it is impossible for them to get the right pattern of random words .
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Crypto is falling basically because of the demand more people are selling their coins rather than buying it, Crypto price depends only in the demand so if there are more people who sell's their coin then the price would surely fall. |
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Both have pro's and con's but if you want a stable income you would surely be with real job,
But if you want to earn a huge amount and work with your own time then go with crypto,
To be honest I think it is a good idea to go with crypto then when you earn enough money open a business to have a stable income.
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For sure we would but it would take some time before it recovers and get that price again,
If the price keeps on recovering and rise up again we could see it again before this year ends,
Maybe next year we could get way more higher than $20,000 .
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For me the most secure Bitcoin wallets are the offline wallets,
The hackers couldn't access your wallet unless they could get your back up keys to access your offline wallets,
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Well it depends ,Sometimes I sell my Bitcoin to buy some alts to gain some profit,
I would sell my Bitcoin once it starts dumping then buy some alt-coin to gain some BTC from it.
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For me I don't really think that it would touch that price again,
It has been that low back then because there are only few people who are investing in it,
But right now there are so many people who knows it and investing in it ,
Price is driven by the demand and there are so many people who wants it .
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Learn from your mistake and never repeat it again,
You should learn from your mistake and keep on moving on.
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Yes the price has drop down and I think it is a good thing for those who wants to invest more.
You shouldn’t really panic when the price is dropping down just relax and try to get more.
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Because government couldn’t control it,
Bitcoin is decentrize and they couldn’t gain something from it.
It would also stop some people to trust banks or use banks.
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Because they would lose more client ,
Bitcoin is taking the people away to the banks ,
People would rather put their money in the crypto instead of the bank to gain more peofit by just holding it.
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If you really want to do some alt-coin trading then just do it with a small amount since you’re just new.
It is better to experience it with a small amount than to cry when you lose a huge amount because of rushing things.
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