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The market value of Bitcoin may reach $5,000 in a week time, because of its current movement by way of breaking the resistance of around $4,500 to have reach $4,614.51 in the recent upward movement. You can Invest in bitcoin for I believe the future hold a lot of profit on your investment. We are expecting bitcoin market value to reach $7000 before end of December 2017.
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I don't believe there is a free bitcoin any where for one to earn without rendering one services or the other. There are some regular office job that, the take home is far higher than online job and get paid in bitcoin. The only advantage that earning through bitcoin has is that, you can be doing your regular office job at the same time rendering services online and get paid weekly in bitcoin, Which I believe many of us does that to earn more are the end of the month.
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I am engaged in investment activities on the Internet, so I sell my coins as needed. Yes, I sold some of them at a low price. But I do not regret it. At that time it was the right decision and I managed to make money on it
After taking a decision to sell low how then do you manage to make your profit from selling at the lower market value or price. To me selling low means that you sell below your cost of purchase if that is true how then do you make profit from your investment. |
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You can start trading with as low as one million Satoshi, but the bottom line is that do you have a good knowledge of what trading in crypto currency is all about? If no, It will be good if for you to learn more about technical and fundamental analysis aspects of trading crypto currency before you invest your capital.
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I don't think keeping such a huge amount of Bitcoin with an exchanger is safe because that is the greatest risk you have made if truly you have such amount of Bitcoin. I believe lending is the best way to have a good return on your investment only if you are careful with the kind of people who you give loan. You must make sure their collateral must be equivalent of what they collect as loan in other for you to be successful. Above all there is a lending section here in this forum and not necessarily with an exchanger.
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In the early beginnings of Bitcoins (2009-2010) it was easy to get some Bitcoins either by buying them for a few cents, by mining (which was easy in the early days) or even some faucets gave away some bitcoins every day just for clicking a button or solving a captcha. And now watch how expensive a Bitcoin is now.
Today you would not get Bitcoins but only Satoshis for the same time and effort. And as the price rises, you get fewer and fewer Satoshis of course.
Do you think that the price of a single Satoshi will be something like $1 one day? Or even more than that? Will there be fractions of Satoshis in the future like mSatoshis (Milli Satoshi)?
If yes, we should fight for every single Satoshi now as long as the price is relatively low. Use faucets, trade, buy, mine and hold them until you are rich. It's too late now to get whole bitcoins (too expensive) but some thousands of Satoshis here and there could be a lot of money in the future.
What do you think?
Well I think for 1 Satoshi to be equivalent of one dollar is not attainable in the next twenty-five years to come. This is because 1bitcoin market value has to be like $100 million before you can get the such a of 1 Satoshi equal $1. Bro I don't see it coming though. |
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Do you think ICO is the best way to invest in?
Investing in a projects during their ICO is the best way because the turnover on your investment will be higher only if the project succeed. In recent time there are so many projects advertising their ICO but unfortunately many of them are scam. Although there are still legitimate ICO but difficult to identify them if you are new in the system. |
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Most time I use poloniex exchange and bitmex/bitfinex exchange because they are good and you will be able to leverage your trade in addition with trading with fait. Although am finding it difficult to believe why you said that you are limited trading on bittrex because is one of the best exchanger for altcoin trading.
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Acceptability by the retail stores will definitely create an avenue for people to know more about bitcoin and crypto currency in general. The bulk of the work are in the hand of Bitcoin users to educate other people on the important of Bitcoin as compared to other currency in the world.
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Truly bitcoin is for everyone and there is dought about it. I believe bitcoin is the only currency you can earn online easley as compared to other currency in the world. And the good aspects of it all is that, its value appreciate rapidly over time when compared to other currency. The only currency one can transfer worldwide without middle men like bank or government restrictions on the minimum you can transfer in a day.
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Investment in bitcoin or crypto currency is good because there is a possibility of you making profit from your investment. But it will be good for you to invest the amount of money you can afford to lose in other to avoid HAD I NO. I will advise you to invest some part of saving from your monthly salary. In doing so, your will be inconfirmity with Economics theory that says Savings is equal to investment.
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My favorite exchanger are Bittrex and poloniex because most of the coins are listed in both exchange company. I analyze my trade with the use of pc particularly the technical analysis aspects of trading so that I will be able to view the candle stick movement well before placing trade .And I equally check my position on my smart phone whether am making profit or not.
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I believe this question was raise some where else before you open this treat. Although there is always an answer for this question. Trading is more profitable as compared to holding but is not suitable for everyone. And for those who are not good in trading I recommend holding their bitcoin will be better for them instead of gambling with it through trading.
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I don't think bitcoin cash can overtake the original bitcoin now and even in time to come. This is because the current gap in between them in terms market capitalisation and world wide acceptance of Bitcoin as compared to bitcoin cash. It will take a miracle for such a thing to happen.
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The first thing that come mind when one want to invest in bitcoin or any other investment opportunity in general is profit. But one need to a good capital because of the current market value of Bitcoin is so high as compared to its value late last year. But bitcoin and hold is profitable so also day time trading but you need to identify the one that suits you before venture your capital.
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Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?
If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.
What's your strategy?
If you a trader and you don't have enough time to monitor your position on when to sell, I will advise you to set a take profit order base on the percentage of the profit you want make from the trade. You can equally set a stop lose orders to help you reduce your chance of loosing too much of your capital while you are away. |
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Diversification of your capital into different investment opportunity is very important than risking all your capital in one coin. A rational investors will spread his or her capital into different coins that will bring a good return on investment.
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Bitcointalk.org forum is my major source of news about bitcoin and crypto currency in general. My other source of news includes Bravenewcoin.com, coindesk.com, Reddit.com and bitcoinmagazine.com.
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As the slogan of one television station in Africa NTA says YOU CAN'T BEAT THE RICH so is bitcoin to other altcoin. According to Bravenewcoin.com the market value of Bitcoin stand at $4,202.60 as at the time of this post and that is how it will continue to increase.
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Well I don't understand what you mean by bitcoin not really a good money, because to me bitcoin has all the features of money and equally store of value compared to other currency you can think about. Only people who don't have knowledge of what crypto currency is all about.
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