In the long term, cryptocurrency market will only grow, so you have nothing to fear. But the risk of a correction remains.
Risk is always there when it comes to earning so we definitely be ready for the possible loss in a long run. But it doesn't mean that it will always be a loss for if we learn the system of Bitcoin and cryptocurreny we could definitely earn and have a chance to be a successful investor or trader in the future. |
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Trading and gambling is a different field if we would comapre the two. If we want to earn in a more fast way but a higher risk we could gamble but if we want a decent earning mas profit we need to choose trading over gambling. Risk is also present on trading but it is much tolerable and we can handle it with proper learning.
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You have to buy btc first, then send to exchange that you'll trading. Next, you learn way of chart analysis, read a news more and discuss in this forum in order to get the information entirely.
It is better if they would read first and learn about cryptocurrencyu and Bitcoin on that way they could prepare and think about the possibilities they could encounter on trading and the changes they could have in the market. It is much easier to trade when you know the basics and learn for yuour experience for you to have a better trading. |
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Bitcoin continues to control the cryptocurrency market becuase it has been the first cryptocurrency, it has the largest amount of supports and it has been proved to have a stable system for the longest time.
Most of the altcoins came out at 2016+, even if they managed to gain a lot of value, they still won't be able to pass bitcoin because they don't have the support bitcoin has.
I believe that bitcoin has a lot to improve, beginning with handling transactions, are currency it is limited to about 3-4 transactions a second, and more then that will just cause the whole system to be flooded in users, but those problems apply to all the kind of cryptocurrencies, you just don't see it at other currencies because only bitcoin was managed to get so much traffic.
Even if Bitcoin is termed to be old and a well developed currency for today there will always be a room for improvement and development. As you say Bitcoin needs to withstand it's own system for it to improve and have a better development on its price and value on the market. People will believe in Bitcoin becasue it is the future currency all it needs to do is prove its worth on the market for people to choose Bitcoin on transactions and Investment. |
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Selling bitcoin is not a bad option for us if we decide it and we needed it. In trading we can make all type of transaction a good one if we learn how to trade, and trading is very simple we need to buy when the price is low and sell when the price rises. It is a cycle that could help us to gain profit and make a better investment in terms of earning in a active trading and holding.
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I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.
Bitcoin is the dominat crypto in the market in terms of its volume and its price so i doubt that it could be surpass or even suppress by other form of cryptocurrency in the market. Most of crypto depends their price of the current price of bitcoin making it more suitable in trading and investment that could provie higher chance of profit in the future. |
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It is a good new for bitcoin users, because the lesser the amount it needed for us to deal with transaction the more we want to use bitcoin as a form of currency in terms of transaction. It is also a good thing on investment because it could give benefits on the users who initially trade bitcoin and other cryptocurrency to have a low cost trading for a greater profit.
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That is really possible to happen for a form of currency that has a used on everyday transaction on some countries. Yet, we all know that bitcoin is purely decentralized and does not have anything or any sectors of government ruled its system. So, regulation could facilitated on the wallet you might used to deal with the transaction you chosen to deal with for you to have more security in terms of investments and more support by businesses out the market to accept bitcoin.
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The main reason to have bitcoin for now is to have a decent form of investment and to deal with the platform of trading which the possible goal of bitcoin is to be a universal currency in the form of cryptocurreny by which it could support both the system of transaction for the future and to be a stable way of investment for people that could be used in trading. Mass acceptance and adoption must be held to make these things possible for bitcoin.
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I always see diverse investment as a multiple form of investment that we could expect higher chance of earning in the future. Because as we break down the risk it could have for us to start an investment it could also increased our chance to gain more profit in the future and to be more successful in the field of investment. It could also work on trading where we could trade upon two or more cryptocurrency to support our funds on bitcoin or any other cryptocurrency we used in transactions.
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Hey guys, i need some suggestions and opinions about this.
Bitcoin is consider as a currency, it is also being use as an investment because of its high value. Aside from the usual factors that affects the movement of investment price, like demand, supply, speculations, and regulations. There are other underlying factors that affect the periodical movement of bitcoin's price, some of these factors are coming from the actual transactions of bitcoin against the other competing coins in the market sale. It takes a lot of studies related to economics and marketing to understand it clearly. |
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why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?
whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
Because national currency is centralized and regulated. Printing of money and making of traditional coins depends on the gold and dollar reserved of a certain country to balance the supply and demands, and control the utilization of its domestic products. Improper production of money will result to national bankruptcy and foreign debt. It will sabotage economic equilibrium and may cause severe poverty in the future. |
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Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
The whole concept and idea of the blockchain technology is to revolutionized the current marketing system that is prone to corruption and unjust allocation of wealth and value. Since this is a digital transformation, expect a faster result. Although we are looking forward for a successful adaption of this technology, It might take a while to completely change the current financial system worldwide. Five years may not be enough to see the conclusion of this innovation. |
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Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
Bitcoin is really a high risk investment, specially if you are unaware of its volatility and unregulated property. You really have to pay attention in acquiring sufficient knowledge and information to utilized the potential and minimized the risk. Unlike on saving money on banks, it has a lower risk, but promises an even lower return in a longer waiting period of time. |
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Government could also see the potential of bitcoin on the market specially on transaction and and investment for people. It could give open ended opportunity for people to earn and to have a stable way of income for the future that could help them to support on their living and future is also aligned to bitcoin which could brought a big development on the transaction system and trading industry.
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The easiest way for us to protect ourselves against scammers out there in the market is by preparing or buy letting ourselves be aware on the different things about bitcoin. We should need to learn all the information or the updates in regards to cryptocurrency and its market. It would help us to know what is the real way for us to earn or the best investment we could join upon for us to gain profit for the future. Do not believe on some people that says that earning would be just easy because there will always a risk in earning and starting an investments so be aware.
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Well if we speak about gaining on bitcoin i think there is no required time on making an act of productivity.We can really buy bitcoin anytime anywhere without any hesitation and we really didnt have to be afraid about the price because dropping and pumping is really the nature of it and we really need to make sense of it so that we can become more productive and we don't feel like panic all times.
There is really no specific time that is required for us to start investing in bitcoin. But if you want to start the best way on starting an investing with cryptocurrecy it is much better if will learn the basics and the ups and downs of the market of bitcoin which includes the changes on its price and its stocks which could indicates opportunity and better chance to earn in the future. |
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A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input
Perhaps, I will try investing on land, then build house on it for rent. The value of the land gain profit as time goes on, and i can save money for maintenance coming from the regular rent income. But, I will not focus on only one prerogative. Maybe stocks, education, business and etc. Multiple investment will allow you to allocate your wealth and avoid bankruptcy. Choose the most productive and there you will align your financial goal for success and freedom. |
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An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
According to the recent statistics coming from our financial experts. Our country is one of the fastest growing economy here in South East Asia, In terms of gross domestic product, since we are a tropical country, with rich natural resources both on land and on water, We do must have a very sustainable environment. We also have numbers of infrastructure projects for the urbanization program of the country. But, like most countries, we have high cost of leaving problem and high unemployment rate. Corruption and security issues also threatens the progression of a supposed to be healthy economy. We hope for an incorruptible renewed economic system in the future to utilized the full potential of our country's wealth. |
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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.
No matter how secure bitcoin technology is, cyber theft are so clever that whenever you lower your guard, they are going to attack you on all angles, so, the best way to secure your bitcoin is maintaining your awareness and always have precautionary measures in terms of password and personal data related to your bitcoin wallet. Avoid browsing fictitious websites and links. Protect your wealth at all cost. |
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