from my experience of bitcoin investment i think bitcoin will survive after 100 years.because bitcoin is the most popular investment and day by day bitcoin's popularity is increasing.
There are not too many bases to be sure about the existence of bitcoin after 100 years as you say, although now bitcoin is showing everyone its all potential and strong development but the future is always full of things we never thought of. Personally, I would never think bitcoin existed after 100 years because the speed of development that bitcoin is having, it's too fast and terrible, if the situation persists, people will not have the courage to join it when it becomes too expensive. In addition, competition in the market is happening, Bitcoin will soon be defeated when the other cryptocurrency are becoming very powerful |
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Of course this is the expectation of all bitcoin users, when compared with the fiat system then bitcoin better and faster, of course this is a benefit for us as bitcoin users and affect the price of the expensive one day.
This is an expectation but surely it will not come true, Bitcoin should only be included in the investment list, we should not have the thought of turning it into a currency, that just makes us disadvantageous when the government will pay more attention to Bitcoin. The government will not let the bitcoin threaten their currency, they will prevent and block all issues related to bitcoin, we will be in trouble, bitcoin does not have enough conditions to become global currency, it's like now is still better |
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Basically i think it's better if we are not focused first to be rich or very wishful to reached, just make sure first of all the efforts made to earn money and keep moving to be better than ever.
I think being rich is all person wants here in crypto world, and specially me i want to be rich with bitcoin because i want to help my parents and i want to have a own house for my family, and i know to myself that to be rich here in crypto is not easy so i think it we will take for long time but i am sure that i we will be rich with bitcoin. Yeah, everyone has different dreams and desires in life, more or less, everything that needs to have the money to come true, and people never satisfy, so when this dream is complete, another dream will appear. They will need more money, and gradually money is what most people need, everyone hopes they are rich, that is the truth, and of course, when bitcoin bring us the opportunity to become rich, we will not be stupid and refuse, we will quickly accept although this is probably a difficult process but dreams will help us to overcome everything |
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I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.
How do you traders do it, hold and hold and hold. Waiting around for more and more money?
We can't overcome the fear of holding, the better we need to do is to be strong no matter what happen, don't let our emotion to lead our decision and just trust/believe to the coins you hold. Fear brought a lack of knowledge so be positive and don't focus on your negative thoughts. We can overcome it everything is a state of mind. Our mind is the powerful thing in this world if you believe on me. You're right with lack of knowledge is the sign that builds up the fear and if you let the fear defeat your emotions you will be more loss in trade. I think we can not overcome fear because it is part of human psychology, it is hidden deep in the mind of each person, no one can keep the psychology strong forever, sometimes they will fall into the state of weakness. Hold for so long, psychology will be more fluctuating than ever, and when our psyche has been shaken, the wrong decision is a sure thing, what we can do is just try not to let psychology fluctuate too much, we need something special to create confidence for us, overcoming fear is impossible when it is our instinct |
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yes it reduces unemployment, because bitcoin can be considered as business . And also it helps also employed people by providing additional income.
I do not know why people are keep on saying that bitcoin will reduce unemployment since the unemployed are not reduced. Most of the members of the forum are already employed and some of us are unemployed, I don't think that people will quit their jobs just to earn here since advertising here is just an additional income for them. Yeah, people here only see bitcoin as a part-time job, it provides an additional source of income, not too many unemployed people here, they are still doing their main job while they are earning bitcoin. Therefore, bitcoin reduces the unemployment rate is not correct, it only brings more jobs to people who want to earn more and want to become richer, unemployment is a problem that the whole world is still struggling to solve, Bitcoin is only an asset and a virtual currency, it will not have the capacity to solve this problem |
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Other reason I see is its misuse, Every other people is now aware that bitcoin transaction is anonymous and almost every criminal use it for wrong activities like selling drugs, guns which make them unsafe and for cops its become hard to reach them or track them down.
It is too suitable for bad and illegal activities, that is really something that some countries do not want to support bitcoin, we can not live in a country where illegal activities occur continuously, society will be chaotic, we can hardly work in peace. In addition, some countries can say that the economic situation and the technology is very backward, they want to support bitcoin is also impossible when the condition is not allowed, but I believe that someday, these countries will also find ways to support bitcoin, although bitcoin has some bad side but it also has a very positive effect on the economy, not supporting it will be a loss |
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Actually everything related to bitcoin is for me truly impressive. As the days pass I discover new applications and more businesses interested in joining this ecosystem and this fills me with enthusiasm because I see a very promising future for those of us who are getting involved with bitcoin and crypto currencies in general.
For me, what impresses me most about the bitcoin is the value itself. The value can hit a high amount as high it possible that you cannot believe you can gain that huge amount of money but the shocking thing is it can also hit a very low value. The value of bitcoin really makes us very surprised, most of us do not even believe it can go as far as now, we only think it can reach 1k or 2k dollars, but it broke all thoughts, reached a value that we just thought it was possible in the dream. In addition, it is still no sign of stopping, it constantly gives us the unexpected when it always towards greater milestones, the impression that it left in us is very profound, if in the past, anyone who says that getting rich with Bitcoin is possible, we will laugh and think it's stupid, but now anyone talking about that, we have no doubt and believe that is true |
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Yes it is the good idea! If you need additional income and you have free time, then it is necessary to be engaged in it. I think that if everything is correct to make that the family will be provided!
For me doing job and trading is very profitable, because we can earn money on doing both our job and trading, and based on my experienced it was not easy to do both but if you are motivated enough to earn to have a lot of money you can do your job and trading together reall well. Exactly, if we know how to arrange our main work and take advantage of the opportunities from trading, both will bring us a very good source of income, but this is probably not possible with many people, the pressure from both jobs is huge, we will be very tense and difficult to achieve the best effect. Therefore, I believe we will sacrifice one of two jobs, to help the remaining work achieve the best results, we are forced to choose, can not be perfect at both |
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Does sports betting gets a consideration here.? I think it is also a type of gambling and I love to bet on Cricket as well as Tennis, which actually is the largest pool after soccer. The patterns are rare these days with all the formats of cricket getting faster and shorter where as Tennis is still classic. Hope to get back into it after quite some time now.
Absolutely, sports betting is the biggest in the gambling industry if I am not mistaken. People who love sports are learning that there are gambling games called sports betting and in my case I love it since I just have to choose between team and I can also use my analysis as well. sometimes I place a bet in sports betting too although I don't have much knowledge about sports betting, I have a friend which helps me with his analysis. so he only tells me about the team and then I send money to him and he makes bets for me with his money too. but so far, I think I'd really like to play dice games because it's easy to play. Dice is really a very easy game, we do not need too much analysis or strategy with it, everything we need to do is click and click, we are completely dependent on luck, the results of the game will appear very quickly on the screen. Personally, I do not encourage you to participate in this game, winning is a distant thing when we are under the control of the house, sports betting is more fun and we have more chance of winning when we have clear knowledge of sports, this is also the type of betting I like |
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You are new to the crypto market, I think you should not rush to invest in bitcoin. Please learn from experience in this forum. And join the bonuses to get started. You should not risk investing too early, while your knowledge is very limited. So you will stumble and lose money in business. good luck.
It is not about investing too early for you to call that he is going to risk his money on Trading, either you have the knowledge or not, still you are going to risk your money since you don't know what is going to happen when you start Trading. Trading with a small amount is the right thing to do, even though you lose your capital or not, at least you learned something about trading, that is what matters. Trading with a small amount is a good solution to helps you find inspiration to continue trading. However, you should never think that amount is virtual and useless or lower than huge funds. Let's use it like others used it to get profit and a huge amount of money. Yes, it is a good way to help us get more experience, from there, we will feel around the trading has so many interesting things, continue to participate will recognize more interesting things, there are even more opportunities to become millionaires or billionaires. Your advice is really right, many people feel the capital is too small, that makes them lose the seriousness, they are subjective, it's a false thought, trading is a very miraculous job, it can turn from a small amount of capital into a large amount of capital very quickly if we know how to work with it, capital is not so important, important still is the trader |
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For me, why you should never sell your bitcoin ever, it’s because of the increase or decreases the price of it. We all know that bitcoin’s amount is fluctuating too much that it will be complicated to predict its amount. Maybe the second reason is the bitcoin’s limitation, bitcoin is limited in 21 million, and mines already generated almost of 80-85% of its total volume so in the future maybe bitcoin become a very expensive and rare cryptocurrency.  First of all, the nature of cryptocurrency like Bitcoin and a rare asset like Gold are different. Many people thought the limited supply of Bitcoin is the primary reason make the price of Bitcoin increase. However, it is just a "reason" for new investor want to invest money into this field. In short, most of us think that bitcoin will be able to reach a price that is very high in the future when the number of bitcoin becomes scarce, so in the near future, we should never sell bitcoin because that may cause us to miss a lot of profit. However, because of this thought, we can fall into bad situations, if the price of Bitcoin does not increase and even decrease, we will waste time to wait and do not receive benefits from Bitcoin, so, I think we should choose the highest selling price possible in the near future, should not wait for a long time, it is too risky |
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Well the volatility of bitcoin is only becoming an advantage when a person has already have bitcoins with them. The volatility is a good thing because it is becoming the source of income of holders, investors and traders. The volatility of bitcoin is also a great characteristic of it because, without it, only a few people will be interested with buying bitcoins. I personally, think that the volatility is a great thing because it is my number 1 source of information whether or not should I buy.
To some people that is disadvantage especially when they are just holding bitcoin and just waiting for the price to increase and an advantage to another person who were also waiting for the price to go down before they will buy bitcoin for them to invest, it really depends on the person. Depending on each situation, volatility of Bitcoin can become a good thing or bad thing, with people that have the experience and acumen in the short-term transactions, it really is a good thing when they can take advantage of the volatility to optimize profit, and this will be bad for people who do not have too much experience, they just choose to hold as you say. Personally, I feel that volatility is a good thing, I even like it because if we know how to fully exploit the volatility, we will very quickly become rich |
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No one still knows what would happen sooner or later because a lot of changes is occuring with bitcoin everyday. Bitcoin has all the potential on becoming the future money but a lot of threats like other cryptocurrencies are arising together with bitcoin. Let us just keep on supporting bitcoin and see if it would make it big in the future and if it would be able to dominate up until the end. Although bitcoin has the potential but it does not have enough conditions that fit the needs of the people, that makes it hard to become the future of money, it is appropriate to become a place to invest more, rather than the future of money. It can try and improve in the future but this can not be changed, however, the contribution that it brings is very useful when it opens up another form, apply modern technology to money, create breakthrough and become the basis for developing new money in the future |
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Is it better to get BTC via mining or buying now?
It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?
If yes, any suggestion? There are quite many cloud miner in the market.
Thanks.
If you have the money to do both then i Suggest you do both. Setup a mining rig and buy some bitcoins. You still need to read and do research though about bitcoin and mining. And if bitcoin mining is not profitable you can mine other coins. for those who are willing to go with mining then it is okay to do it just make sure that you have the knowledge in what you are doing, if not then ask for those trusted people and let his set up your mining. But for me since I don't have the guts to do mining then I am just trading or buying coins. Personally, I feel mining is only suitable for people with huge capital, it will help them quickly recover capital and achieve great profits, but that's what I would say to others in the past, in the present time, bitcoin mining is too much competition and more difficult to exploit. Engaging in will not be a wise idea, buying bitcoin will be better and it matches the conditions of many people, the value of Bitcoin will soon rise higher, we will restore capital and make quick profits, especially when the market is bleeding and bitcoin has a very low price |
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If i would become a billionaire or born as a billionaire that my only problem is how to spend my money, then i would only gamble just for fun. Profit is just a digit and will not notice whether to lose or to win. Gambling in me is like playing on online or board games with a money that has no value. The main reason I play is just to have fun or to socialize and nothing more. Wish i have that kind of life.
And if a billionaire has the same thoughts as you, he will soon go bankrupt because gambling is a real monster, it will make us addicted and then swallow all our money, although you may have a lot of money but that does not mean infinite, gambling is a giant cash machine. So, what we need to do when money is no longer a problem, it will be travel, feel the pleasures, looking for all the interesting things in life, happy with family, gambling will no longer a game that is too exciting for us, we do not need to waste money on it |
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well I spend my bitcoin for my daily needs and also my family needs of course, and I'm trying to save my other bitcoin to buy a new laptop or gaming computer.
Saving bitcoin for the purpose of buying a laptop, that makes me feel you are wasting your bitcoin because bitcoin is becoming more expensive each year, spending it on purposes like this, it is not advisable, you should save bitcoin for larger purposes. It may be that you will build a shop, a company, in short, you need a solid career, after everything becomes stable, you can use your earned money to buy a computer or whatever you want, it would be more reasonable, money is not easy to earn, you should use it in a smarter way |
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Check out my YouTube video where I dive more in depth : BREAKING NEWS KFC is now accepting Bitcoin, and Smart contracts might be legally binding!Is this just a bucket of chicken, or a bucket of publicity stunts? You will be able to buy a bucket of chicken in Select Canada KFC's. However you will have to order it online using Bitpay, and have it shipped to you. Cost : Around $20 + $5 shipping + Taxes + Any other blockchain fees What do you guys think about it? do you have any official statement from kfc regarding this? I see this as a good news for bitcoin. I personally don't use bitcoin to buy food myself and not a big fan of kfc ever since they handed me raw chicken that was barely cooked. Although this is good news but it also has bad side for bitcoin because kfc is a chain store everywhere in the world, if they accept bitcoin, it will help bitcoin to become popular and get new sources of money. In return, that also makes bitcoin get the attention of the government, the government will care and become more difficult with bitcoin, we may face taxation or bans when bitcoin has a big impact on the economy, a lot of trouble will happen, so I feel that this information is just a rumor, it can hardly come true. |
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save it partly and gamble it again in part. What is clear, I will not use all my profit money to gamble again, I will keep it partly so that the profit I get can be seen more clearly. If I use it all to gamble again, it means I could lose all my profits again, no certainty from gambling, so we should be able to take advantage of our profits as much as possible.
Hope is what you say, you can do because I see a lot of people say things that are similar to yours that they will save and only gamble with a very small amount of their profits but most of them also carry all go gambling and end up in a loss. Greed has always been too big presence in gambling, here we can say we save or control when we win but when we actually engage in gambling, everything seems to be meaningless, we just act on emotions and what our hearts want to say, we have no satisfaction |
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It is too unstable. It cannot be compared to the paper currency. Bitcoin is decentralized and as a result, it is too volatile. It may have the best technology, the highest price but its value and stability cannot be compared to the fiat currency.
And with what you say, I can assert that bitcoin is not the strongest currency in the world, more precisely, we say it is the currency but it is at a certain angle, in fact, it is a place to invest money, people do not consider it as a currency. Value is unstable, too complex in transaction, not common and not acceptable by the government, too many problems make bitcoin impossible to become official currency, now or in the future, the results will be the same, bitcoin not be born to become the strongest currency, it lacks too many conditions |
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No, the bitcoin price is currently very cheap and I'm sure that a few more months will reach at least 2x from now or over $ 20k, if we stop buying now then we will regret for not getting big profit.
Well it is a very good sign that bitcoin price is still low. It is good for those who wants to invest with bitcoin. Because hopefully at the end of this year bitcoin price wouod be at its highest or peak. Then there would be no regrets if you will buy right now. If I have lots of money I will buy many bitcoin as I can. Most people would agree that we should not stop buying bitcoin because the price of bitcoin in the present time is still quite cheap, that is exactly when Bitcoin is receiving much more investment this year, the probability for it to rise is very high. However, life is not sure, we should also have the appropriate strategy, should not put too much money or all into bitcoin, it just makes our losses become bigger, investing enough is justified, although we may regret but we should put safety above the top, should not let greed blinded the eyes and our thoughts |
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