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Such a thing will happen only if there is no power, electricity and the internet. Which i believe is impossible, but if it eventually happen life go continue because I have other source of income and not just bitcoin or crypto currency alone.
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Most time I make use of coinbase anytime I want to purchase bitcoin. You can visit their site through https://www.coinbase.com/buy-bitcoin for more information on how to make your purchase. Although there are other good and trusted once as provided by some of my colleague's here above. |
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I used to trade crypto back in 2014 but left it since. Heard bitcoin talk on the radio few days ago so decided to get back into the game. Read up about recent tradings and notice that polo seems to be the IT trading site now with a very high volume. So is polo the best trading site?
Op I guest you are referring to poloniex exchange. Well, poloniex exchange has a very good features and high volume but is not the only one. There are other good exchanger with high volume like bittrex, c-cex which you can register account with them for trading too. |
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Well trading involved a lot of technicality which could either be fundamental analysis and technical analysis aspects of trading, so there is need for you to equipt yourself through a demo account before you venture your capital. I will recommend poloniex exchange and bittrex exchange because I believe there good exchanger.
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Well, that will create an avenue for investors to buy at the cheaper rate and maybe hold it for either long or short time period depending on when the market value of Bitcoin increase before you sell.
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All depends on the type of investment opportunity you want to venture their capital into . This is because if you think about investing in projects during their ICO most of them has a minimum deposit that one can invest. In that case, to get the exact minimum amount may be difficult.
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Considering the fact that the market value of Bitcoin is increasing day after day, converting your bitcoin to other coins seems loosing your money. Although buying bitcoin cash at the moment might be good for short term investor.
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I don't believe any country in the world will take bitcoin as a national currency because, the idea for the creation of Bitcoin is anonymity and decentralization and so, anything that will lead to centralization of bitcoin or been control by the government will contradicting the original idea behind its creation.
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Diversification I believe is the best thing to do when it come to the issue of investment. Thank God you have made a lot of money from the growth in the market value of Bitcoin. I believe there are legitimate business opportunity in your area which you can invest your money since I don't have an idea of the country you leave to enable give you a concrete answer. Although investment in some projects at their ICO level can equally earn you good return.
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I think to ban bitcoin by the government or institutions will be the most difficult things on their part because, they will need to ban the internet first before talking of Bitcoin.
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Investment in bitcoin always bring a good return to investors over time except for those who sell out of panic. I believe it is currently at a good point of entry, for its market value on BCN stand at $4,007.22 at the time of this post, which may not likely decline any further but gather momentum for the next upward movement. Although anything can happen at any time.
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Anything can happen at any time. Although it will take a long time for any coins to over take bitcoin because the popularity of Bitcoin is unprecedented and I find it difficult to believe that any other coin will overtake bitcoin in time to come.
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Of course they are aware that they got rich through bitcoin investment. Although it is unfortunate for me because, I got to know about bitcoin lately and how I wish I was among the people who got to know about bitcoin in the year 2009 or 2010, I would have been counting my profit in millions.
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The correction of the market value of Bitcoin is in progress and may likely reach negative ten percent before any further move towards $5,000. Its lowest market value today on Bcn.com was $3,975 which indicate - 6.87% decline and before it can get a momentum to reach or break $5,000 resistance, correction may likely reach - 10%.
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Well at the moment, for the market value of Bitcoin to pass or reach $5,000, it maybe be a little bit difficult because it is currently under going correction which may likely reach - 10% before its next move to break $5000 resistance. What happened at the time it was trying to break $3,000 resistance may likely happen at this time.
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In my opinion saving bitcoin in an offline wallet is the best as compared to other ways of storing bitcoin.Although it has its own disadvantages, like in a situation whereby there is a fire outbreak in the place is been kept.
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Panic selling will not just happen all of a sudden but when there is information that negative things will happen in the nearest future is only such a thing that can course panic selling. Just lile what happened in August 2017. Also worthy of note, a single individuals panic sell has no serous effects on the market and if it eventually happen sooner or later the market will bounce back.
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Base on the current decline in the market value of Bitcoin, before it will gather momentum for a break through at $4500 the decline in the market value of Bitcoin will reach like 10% down ward for currently is still at - 3% which means there is tendency of further decline base on some of the current candle stick.
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Have tried yobit, Kraken (site not working), OKCoin, Bittrex...
All claim to support it but none are accepting deposits! No wonder the price is holding up is impossible to sell them...
Op you can visit poloniex exchange there you can exchange your bitcoin cash to the main bitcoin and any other currency. I exchange my my own bitcoin cash to btc early this week and it was successful although there was I little delay before poloniex credited my wallet account but at the end it was successful. |
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