We have to understand where we are paying and how much we earn money every payday and If we control our expenditure and if we have plan for them we can managing our money good .
yeah a lot of people dont understand most of the fees they pay and in my opinion it is a really big problem though i hope it will change in the future |
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It might be dangerous to hold your all coins for years in crypto currency business.
It has different type of dynamics, not like stock market that you hold for years.
it's like a 50/50 situation. bitcoin either becomes worth a lot, or it will end up being worthless. long term holders focus on the first option. i am also one of them. i strongly believe that bitcoin will be much more appreciated as both an alternative currency, and long term storage of value in the future. if bitcoin turns out to not live up to what we expect from it, then at least i have made great profits in my time in bitcoin. People who are into bitcoin since long time have surely made some good profits but we really want that this journey should continue for a longer duration to grab maximum benefits from it. thats true, im holding my bitcoins for a while already and i made some good money out of it and im still not selling any coins and waiting |
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It's a good idea not to take a risk and just hold your bitcoins, becuase you will never lose your money if you are attentive enough, i believe on you  with bitcoin if you hold it it is impossible to lose your money because in a longer run the bitcoin price is going to reach a new all time high |
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If that is a temporary crisis then it is always good to buy bitcoins, but if the crisis is very serious that it might lose all your investment never ride with it unless you are a real gambler who just base your decision on your gut feel.
Right. Just like in the last price fall, the cause was about an exchange being hacked. It is not about the blockchain or bitcoin. But if the problem of the drop was about blockchain or bitcoin, then it is a different story. You should always study the causes of the rise and drop of prices especially if it is too fast. The exchange of Bitfinex hack is a big news. It means people will not store money in the exchanges, so the trading there will be lower, so will the price. and thats a really great thing in my opinion because people will not risk their bitcoins any more, dont worry about the price, it is going to recover in the near future |
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Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.
thats true, there is no more panic selling at the moment, i hope that the price is going to bounce back to 700 after people will see that the hack was just temporary and it is solved now |
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If you are doing margin trading, anytime will be good to buy/sell. However, if you are into long-term bitcoin investment, any time now if not a good time to sell- it's actually good time to buy.
The bitcoin price is drifting lower recently. We have to be very careful before we buy more bitcoin. The other coins are doing quite well. yeah, im trying not to buy too much into it, i use only money that are left over, i hope that the price is going to go up in the future though |
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I don't think it's how the banks works. Because banks also need money to pay their workers and if the banks give free money, people on that country no need to work and their country will be stagnant.
well yeah but banks actually make a lot of money out of people deposits, i think that they could give people free money but they are too greedy |
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If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I think it would be still popular, because it is very convenient. But, maybe some of people would stop using it, because there would be no more reason for investing money in it. Big investor will come in during that time, big merchants will come in as they can assure they will not be experiencing loses anymore because the price is now stable, today is more on investment stage and we should take the opportunity to do it. As of now bitcoins price is volatile and its also a good source of income for some or even to those big investors out there. When the time comes that bitcoin would stable its price then it would be still popular since it has advantages of transfering fund to another person without having a big transaction fee. People who wants to enter into bitcoin will surely love the stable price as it will give them a felling of trust to invest in it but traders will not like stable price for sure. i personally dont like the stable price as it is really boring for me, in my opinion the price fluctuations might give me some serious profit with trading |
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The price does fluctuate sure but it's important to not the Bitcoin could not exist with out something to compare it too that is stable
bitcoin only might exist without any other currencies because it does not need any additional currencies or something like that, people might use only bitcoins |
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Saving money maybe the most stupidest way to lose your money. Why? Because even if your money is inan bank savings account every year you lose in Inflation your money depreciates its value and you don' t know it. So maybe investing it is a better choice.
saving money as in having money aside for when you need it is a good option. but if you save money just for the purpose of earning interest, then it's not a good idea. to avoid seeing your fiat holdings decrease in value people should always choose to invest a part of their wealth. that's the only way how you can avoid seeing the value of your wealth turn into hot air. Saving money and setting it aside must be the way on how you silently or blindly make you money decrease. I mean if you set money aside inflation will decrease your money's buying power. While Investing it in atocks whicha has an annual 20% return is not bad and actually beats the inflation rate of most. Investing in stocks seems to be risky as it goes same like investing in bitcoin as no one can control the price, but as we know that higher rewards comes only with higher risks. of course it is always risky to do some kind of an investment so i would be careful but most probably i would put my money into bitcoins |
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Be honest, I will cry, then probably use gambling website if the price doesn't gets up.
thats stupid, so you will cry that you lost your money and you will then decide to gamble and lose it even more? i would jiust buy more bitcoins and hold |
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bitcoin wallet is the best in my opinion, banks are around for a really long time right now and i dont think it is that good of a thing, in my opinion it will be changed
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Hs is just hyping so that he can sell 2k usd btc to us, what a abd whale!  i doubt that anyone would be willing to save their bitcoins then, i mean the price would most probably be growing even more so there would be no reason to sell |
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If you explain clearly it will not be difficult. Good luck with that.
though it is really hard to explain something clearly, in my opinion to tell your girlfriend about it you have to read some tutorials about it |
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i got a big loss sadly  around 0.5 btc i regret it thats why i never play with any bigger amounts of bitcoins, to be honest i dont think that it is good to do if you cannot afford it to lose |
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I am not greedy at all and always play smart. It is not that I am this smart from the start but there is hard lesson behind this smartness. I lost because of my greed once and since then I am playing in mBtc's bets. You can say it smartness or fear which help me to control my greed. I can say I am not greedy at all.
i also am not greedy, i play only with small amounts of money to be honest and nothing else, also i never chase any of my losses in order not to lose |
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Of course not, to get rich on gambling very difficult
the chances very very low get some mbtc from gambling is enough
no need to be rich from gambling whereas we get busted when we want to reach it
Which could be rich in gambling is gambling site owners. If you want to be rich in gambling perhaps we should have a gambling site, I'm sure if we had a gambling site will be very rich. Very difficult for the rich to gamble because it is a game. Well doing it needs a lot if fund since there's a lot of hackers that are just waiting for new gambling site to be hacked. well yeah, hackers sometimes try to hack the games but unfortunately i think that usually game websites just scam people as a good website cannot be hacked |
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i don't have a chance to get lucky on every gambling and betting that i do, but i think i only have a chance in about 20%-30%. and yeah, after winning some amount, i will get big smile on my faces, and walk away from that room to get relax before next gambling.
Good mate, at least you have experience some luck as they say luck is just temporary so our winning is also temporary, we should just enjoy the moment when we are lucky because by the next gambling session we should probably return our winnings if the outcome does not favor us. of course luck is just a really temporary thing, in my opinion and it is not going to be possible to get it all the time, because of that i just wouldnt gamble |
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It not wrong as long as you playing gamble responsively. Its wrong when you too addicted to it. Gambling is legal thats why many casinos were created.
You know what is right or wrong. Its up to you how you manage it. Do it responsively.
Right, wrong in gambling is when we are addicted and continue to bet large amounts. Self-control is necessary to be able to control the game so that the expenditure was not too big. Even if you are after of the fun only the word control is very important, you need to also to control yourself to avoid you from being addicted and would make you gamble the amount you cannot afford to lose. We are only calling gambling as wrong when we made the wrong decision also but actually it was our decision to do it so we have to be fair. YA self-control may include control myself so as not addicted and become greedy. Because addiction and greedy is wrong in gambling. That could lead us depressed if we lose and lose a lot of bitcoin. though if you are addicted to gambling your bitcoins i dont think it will be easy to control yourself, if you are addicted then it is definitely wrong to gamble |
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