I just wanted to know that,what amount of risk is there in investing in bitcoins. Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
No one can accurately estimate the Bitcoin price from year to year. There are risks that can cause huge losses for the entire investment, because bitcoin can be said to be a kind of unstable currency.
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The value of Bitcoin indeed continues to rise, The situation was not separated from the high bitcoin trade surge. I think the bitcoin price is high not from the increasing number of bitcoin users but the fewer number of users and the limited number of coins makes the bitcoin price high.
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Hi! Do you have something information about grow Bitcoin or less on the next week, two weeks??
Regards All !
This was asked on July 21. My answer will be based on August 10. That's today. I think there is no reason to believe that BTC will lose some of its value. The price pump will prove to be lasting until late this year. October and November are months worth waiting in terms of another split threat. Yes, although bitcoin is hard to predict but many people think that by the end of this year bitcoin prices can jump, hopefully this is true. Even before it can be predicted that in the near future there could be a spike in prices.
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Trading bitcoins would probably get you more profit if you know what you are doing and don't have mining equipment.
Mining isn't very profitable anymore unless you buy equipment, etc. Trading would be better if you don't want to purchase a miner, but trading also takes quite a lot of skill.
Yes, trading is a very simple thing to be able to get bitcoin with small capital, we just need the ability and strong archiving to make trading. Unlike mining, we need big capital to buy mining tools and others but the results sometimes do not match with what we spend.
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Although Bitcoin is able to give birth to other digital currency technologies such as altcoin, but until now bitcoin has become the best global digital currency. By storing some of our wealth on bitcoin so we can benefit in the future, I think it should be done by all bitcoin users, because bitcoin has many security options, including multi-sig technology, password, PIN and more. I believe the bitcoin service in the future will be more growing and growing.
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
Yes,if you are selling bitcoins,then you are losing a good opportunity to earn huge profits.Like this,many people lost their opportunity by just selling their bitcoins for just $1850 last month due to the fear of hard fork.So,better hold your bitcoins in a long term basis for huge returns. It's true, it would be better if we can hold it so we can get bigger profits when prices start to soar. But sometimes people are panicking because of the many issues that discuss bitcoin prices going down and they decide to sell all the bitcoins.
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By looking at bitcoin developments to date and its value can be soaring now, so I think bitcoin is very well used as an investment asset so I have a goal to store it and use it in the future.
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Nowadays many people want to know how to use bitcoin, although the first time they hear the name of bitcoin as illegal currency, they immediately think negative about bitcoin.Initially they once denounced bitcoin, now they are curious to learn how to use bitcoin, because many who already feel the digital currency is legit so it can make real money.
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Many people who think Bitcoin prices will continue to rise in the future, because until now bitcoin can be a good investment tool. One of the reasons for bitcoin prices to continue to rise in the future with the growing volume of Bitcoin transactions each day.
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In trading Bitcoin we must have a goal so as not to be confused, you should often read an article about trade, after all can be learned.you should be able to estimate the market price.Do not greedy determine sales targets, The important ones can make a profit then get used to satisfied and do not try to sell at a price that does not make sense unless you really sure.
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That's what I'm experiencing right now, because I'm familiar with bitcoin from 2014 but I do not really believe in bitcoin and decided to leave bitcoin, but after I read the article on someone's blog that discussed bitcoin price in 2017 this price is very high. Then I decided to go back again using bitcoin. And finally I am grateful that I am including a very lucky person because it already knows bitcoin from 2014 until now.
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This is a trading technique because the market is in a positive condition, by buying at a low price and selling it at a price slightly higher than the purchase price by targeting the price to make a profit. It's so simple you only need to change the bitcoin into your local currency after the bitcoin price goes back down, you re-buy bitcoin with the local currency you use.
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Although bitcoin transactions require slow transaction costs but developers continue to improve the convenience of bitcoin core users as investors and miners are used to using old bitcoins, even though there are now bitcoin cash but not many have used them yet.
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My first experience using bitcoin i feel addicted to playing on gambling sites one of them i like loret game that can randomly win lottery with big prize.
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Both are very good if used as an investment tool. If I had to choose from both I prefer investing in bitcoin, because bitcoin investment has a plus value plus this type of investment is practically modern because it uses computerized systems and internet networks in the form of virtual money.
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I think we can do it with our own strategy, do not trade emotionally but rather have to discipline and control. Make Bitcoin trading as additional work or additional income source.
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Bitcoin is a relatively private currency, we do not want people to know what we have bought on bitcoin, by storing bitcoin in a long time we can get many benefits. Among other things, if we invested a bit on bitcoin from now on, then in the next few years the money we invest will increase in value, Because bitcoin will grow and develop further.
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Bitcoin is considered a simple and inexpensive transaction. Currently, many merchants have received Bitcoin transactions. But in my country there is no car dealer who can accept payments with bitcoin, if it is there then the dealer can be very famous.
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I think it will never happen, because Bitcoin is the first crypto currency to appear in the world. Even today developers have been handling the lack of credible technology for the users. After the split from Bitcoin yesterday, it appears that Bitcoin Cash now has a record of blockchain Bitcoin, but Bitcoin holders have equal access Bitcoin Cash.
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If other currencies recognize inflation or decline in currency values, then Bitcoin only recognizes deflation, or reduces the production of Bitcoin that makes the value of Bitcoin increasingly uphill. It's what makes many investors and stock players use Bitcoin as an asset to secure their finances. So far many investors and countries are investing in investment funds into cryptocurrency companies and blockchain industries to improve Bitcoin infrastructure and services by looking at price deflation in the bitcoin.
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