Basic principle that everybody always been taught but hardly implement "Don't invest you dont want to lose in Crypto" a simple but powerful, if you afford to lose what you invested and made a mistake buy buying in high price tendency is that you can afford to wait for the price go up, and definitely it could go up, its a Crypto's lifecycle
Myself, I don't quite agree with this market truism. First, losing anything, however little, is not a good idea, to begin with, because if you agree to lose from beginning, why trade at all? You start trading with the aim at and hope of earning, right? Further, if you invest only what you can leave to rest, meaning you don't particularly care about the possible loss of your investments, then you won't care much for the profits earned either, because they will be as small. In a nutshell, we have to risk, but definitely not risk all. Sorry but there is no statement above that is define as small? afford to lose doesn't mean an small amount, it only means the amount you are willing to take risk, please don't put a spoon on the mouth of the others, not everybody has the same amount of comprehensions. |
|
|
|
|
Basic principle that everybody always been taught but hardly implement "Don't invest you dont want to lose in Crypto" a simple but powerful, if you afford to lose what you invested and made a mistake buy buying in high price tendency is that you can afford to wait for the price go up, and definitely it could go up, its a Crypto's lifecycle
|
|
|
|
What are the chances of living in a world with no actual money ?  I think it's hard to do. Bitcoin is hard to replace real money as a common currency. Bitcoin has many disadvantages that limit the development of bitcoin. The cost and speed of bitcoin is a big disadvantage. If you are looking at bitcoin today of course its not likely to happen, but I tell you, Bitcoin is not as stagnant as Fiats, what if Bitcoin could process any transaction in an instant? and what if fees are almost zero or at very minimal rate? think again Lightning Network is approching  |
|
|
|
This may be a future assumption as the technological age is growing, and electronic coins are completely replaced by paper money. However, until now or in the near future, this is unlikely. Because we will need a lot of time and effort to be able to replace all paper money with electronic money.
Its Already on the process long time ago, when you do deposits and see your fiats unto online transactions it is already converted to a series of digital information. when a certain crypto could process a transaction in a snap. Think twice |
|
|
|
|
Seems like a speculation to me, or some Idiots analyst making fruity fuds and sell to dumb people.
then price Dips, the smart ones buys..
history always repeats
oh btw, watch out on the Lightning Network, this is game changer!
|
|
|
|
|
possibility, Yes, when? If a certain location already has their capabilities online and if crypto currencies were already developed perfectly, crypto could process a transaction in an instant. First people of this world doesn't fiats in the first place
|
|
|
|
also not backed by any central banks It is because Bitcoin is decentralized currency, Central bank will abolished if they allowed it. Or why don't they renamed it like. Decentalized Bank?  Many people still depend on paper money for their day to day transactions.Bitcoin requires internet connection but this is also not possible in every corner of the world.
Along the way, the entire world will be interconnected. |
|
|
|
EnteRing the trading thing means accepting the fact of Losing and winning. That's a game of trading .. Try to learn some tricks which you can find here in forum. Also, practicing to control emotions should be integrate in this kind of game.
+plus for this, main requirement on trading, control your emotions, simple word, but hard to do.  A true trader doesn't simply fall for any dumps. Strategized it. |
|
|
|
At this time bitcoin price is very dumping.I think it's time to buy bitcoin.Do you think, this is the right time to buy bitcoin or wait few days.Please tell me?
In my opinion, there is never right or wrong time to buy bitcoin. It depends with the amount you intend to invest. And the trick is being patient coz in the long, it pays off. The OP posted last year, the price differ from then, learn the history, check FUDs and developments, earn confidence or not, then decide. the key for a patience is to buy what you can afford to lose. its a basic principle. |
|
|
|
Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
I DO NOT HAVE ANY DIFFICULT TO KNOW THE CHILDREN AND YOUNGER BITCOIN DO NOT KNOW THAT YOU HAVE A SIMPLE INTERPRETATION THAT "BITCOIN IS A MONEY, A DIGITAL AMERICAN, THEREFORE MAKES IT MOVING IN THE FUTURE "YOU KNOW ABOUT THE DAY OF THIS DAY SMARTER, WITH THE DEVELOPMENT OF INFORMATION TECHNOLOGY THAT UNDERSTANDS IN HANDS WITH THE CHILDREN WHO NEED TO SEARCH GOOGLE WHAT YOU CAN KNOW BITCOIN IS BUT YOU THINK OF YOUR CHILD IF YOU ARE BECOME A LITERATURE BECOME A BENEFIT TO BITCOIN AT MONEY, THE MONEY IS PERFORMED AFTER THEY ARE FINISHED AT THE LEARNING they simply overthinking it, even you wont tell them they will surely face it, what they need to know is the opportunity behind it. |
|
|
|
I also think Bitcoin savings is unsafe, because hackers can invade your wallet, and lost bitcoin you will not be able to get it back.
wallets is supposedly secured by you, it is duly your responsibility how you will secure it, this is also true to physical wallet for fiats, do you expect to go complacent while your wallet is exposed to public without being worried to get stolen. |
|
|
|
Media Sh*ttng, who frontly looks like an expert in bitcoin but in reality knows nothing, then here comes the government, acting like a superhero who saves people from a risky investments but the real intention is to get tax from it. |
|
|
|
Bitcoin exceeded $ 10,000 in 2017. What's going to happen to Bitcoin in the coming year?
more stable price and bitcoin will end this year above 20,000$ . altcoins will get demand more than bitcoins Pure speculations without stating proofs  What has been observed is the effect of awareness with the potentials of blockchain, that is the emergence of different Altcoins like a mushrooms, I might speculate also, if BTC won't improve its confirmation transactions and high fees, people might be forcely look on other alternatives. |
|
|
|
If BTC goes up, the ALTS goes down. If BTC goes down, the ALTS goes down. What would happen if they control most of BTC?
Thanks you!
WTF this kind of question, seems you don't know what crypto currencies is, what it does and who develop those. Control of WHAT? better to get afraid of Big whales and countries who holds a huge amount of BTC if they're really exist. |
|
|
|
|
Price Dips to hell and not recovered
Wallet Hacks, wallet destroyed
Transaction confirmation waiting forever
Bitcoin banned in my locations, government bans
Users abandonment
these are the main fears that I have in mind.
|
|
|
|
|
Nope, Its not Bitcoin who could end ones poverty, its the people itself, Bitcoin is only a tool for success, but the true player is the person who wants to be successful, sadly, some people are too lazy in achieving their dreams and become a successful one, you offer them a job to climb up to poverty bu they refused it.
|
|
|
|
Quiting a job that you think is not healthy anymore is always good.
But quiting a job because of business you want to start is always better.
If you think that you are already doing better and gain bigger in btc then do it.
You have enough time to gain more.
Always remember that time is always equate to money.
‘Time is gold so as time is bitcoin.’
Right on newbie, Im impressed with you dude, honestly I'm starting to think of quitting my Job and do Bitcoin earnings, Started my mini mining farm lately and if all goes right, might say goodbye to my daily job. |
|
|
|
I can convince them by showing proofs that people really benefited in investing here in Bitcoin. We can search lots of people who did such thing. But of course before we convince someone, we have to do it first to ourselves. We have to try it first and when we got the result already, we have the confidence to convince or to tell someone that investing in Bitocin is indeed a good thing.
were on the same boat. im actually doing that method the same as yours because i firstly show my payment proof like for example my reciept from the remmitance center on which i used to exchange and withdraw my bitcoin earnings from the forum and from other online exchanges. We can search lots of people who did such thing. But of course before we convince someone, we have to do it first to ourselves. We have to try it first and when we got the result already, we have the confidence to convince or to tell someone that investing in Bitocin is indeed a good thing.
correct. hits all the high notes. these are the first things that me must consider to do in order for us to convince other people because we are now sure that were giving them a correct or proper way of guidance rather than giving them a random advice that has not yet been proven and tested. Sadly, other people disappointed with Bitcoin due to High fees and slow confirmations, adding bitcoin price Dips for the past couple of weeks, and scammers out there. I'll have to say, I can urge people again when it raise it back to 19k mark. |
|
|
|
Patience is the most important thing that I've learned. Not only from bitcoin but from alts as well. There are many times when the trend starts to go downward and people start to panic sell, I've learned to keep my cool in such situations, because the price has recovered eventually.
Yep, Patience is virtue indeed. Believe in bitcoin, How I'd wish I Should invest more Ignore FUDS, A dramatic turn of bitcoin, they usually appear most of the time |
|
|
|
Bitcoin will end if the government bans us to use or buy Bitcoin. They cannot destroy Bitcoin, because Blockchain is very powerful. But they could limit the use of Bitcoin in a certain country if they want so because they have the authority. And that could be the end of Bitcoin.
Say What? Bitcoin will not end for just government banning, running nodes from all over the world is like catching all fish in the ocean. as long as there is a single node running, bitcoin is alive. It will end, when people will not use it anymore. And I doubt if it could happen. |
|
|
|
|
Show Posts
