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I think it is foolish to invest your emergency funds to crypto. We are all aware of its volatility. Its value goes up and down from time to time and you might need that money any moment.
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Of course, stupidity will affect the movement of the market. Just by being fooled by the scammers will greatly affect it. How can crypto news affect the movement of the market?
People often hear about crypto in the news. Learning that some investors were scammed will drive those future investors away. Also, governments are against it so by warning people not to be involved and invest in crypto is big thing. |
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Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?
I think it is impossible for now but I also believe that it will be in the future. Although crypto is the current trend there are lots of people who still doesnt want to adapt and also there are countries who have banned it. |
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Well, I agree . Cryptocurrency is being introduced to the people. Although, there is an increase on the adaptation of people in crypto I believe there lots of negative reactions than the positive. People often hear crypto on the news and most of it are the negative outcomes like some investors were scammed etc. Maybe, thats the reason why there are lots of people who are aware of it but still doesnt want to invest or to adapt.
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Well, there is a big possibility for price manipulation. However, only those who has the power/capability can do so. Although there is increase and decrease of value, in my opinion it has both good impact. During its high value we can trade/sell and when it becomes lower we can invest/buy crypto.
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I dont mind paying taxes as long as I earn a big sum of money. But let's pray and hope that we wont have to pay it in cryptocurrency. If it happens theres no difference in using crypto and fiat. Tax is the main reason of some people who adopted crypto. Although taxes are spent for our benefits we cant deny the fact that there are high ranking officials who are abusing their powers and stealing from us through taxes.
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It seems like there are still a lot of people who doesnt want to adapt cryptocurrency. And there are more people who doesnt want to change on how they make transactions than those who does. Although, this is still a progress compared to the percentage before. People are being familiar with crypto. Little by little people will embrace it.
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Poor people should learn how to help themselves to get out from poverty and stop relying on government for aid or something. I know we cannot blame them for being poor, but some poor people and middle-class people do not know how to manage their finances that is why even though they have the means, they still end up being poor because they spend too much and buy things that aren't necessary. People should learn how to find ways to make their income grow more so that they'll become rich or richer.
Indeed. There is a case/situation in which poor people spent more than rich people. There are more expenses than earnings and savings. While those who are wealthy always think about how to make more money and on how they will become richer. I think it will be better if those are not penniless should think the way rich people does. |
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Hi
Anyway, how much average to get big profit trade with bitcoin?
Actually in my own thoughts thats there is no correct formula,on how to get an big profits trade in bitcoin,because of the high risk and volatility of cryptocurrency investment,because this is the factors or barriers why people cannot get an proper profit amount,when doing trading,thats why its needs a proper perfect timing in order to gain a good profit of trading,otherwise high processing fee is one a big factors that we considered why we could not gain a good profit sometimes in trading investment. We don't have to used a big capital in bitcoin if we wanted to get a big amount of profit. I think we only need a big patience on order for us to gain a huge amount of profit. Bitcoin is really amazing but we need a patience in order for us to wait for the right price to sell. I think if we buy bitcoin today we can gain a huge amount of profit it we can wait it during the high price occur. I agree. If you have a big amount of money to invest it will be easy for you to have a big profit. More investments more profits you will receive. But if you dont, you better have patience. Your investments will get bigger sooner or later. You just have to be patient and optimistic. |
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Profits is my inspiration. It serves as a motivation for me to invest in cryptocurrency. Based on my point of view it is the easiest way to earn although it is risky. I also have friends who earned a lot from it which inspires me to do so.
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Well, I believe that it will rise again soon. Although it is just a guess but I am confident and I trusts my instinct. And besides, I want to earn so I will hold until it reaches $20,000 or higher. Patience, the high value that we want will arise eventually.  |
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I am interested to participate too. How to join?
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I am not afraid about the fact that bitcoin price is low. For me it is a chance given for us to have more bitcoin and hold for it. If I only have enough money I will buy more of it but unfortunately all I can do is to wait and hold for it. And believe that it will increase and rise again maybe not now but in the future.
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You will claim that you defeated and surrender for what we say bear manipulation. You just gave your money to them, you get depressed and you eill post bad news about bitcoin so that a lot people would be discouraged to invest. It doesnt help yourself and doesnt help other people either.
I agree, many people are panic selling and then whines about their loss which discourage others not to invest in bitcoin. Many people are afraid to invest and others even believe that this is just a scam. We should take this low value opportunity to buy rather ranting nonsense that wouldnt help. Have a strong heart people.
Indeed, instead of taking it in a negative way why dont we look at the brighter side and wait for its value to rise or better yet take this chance and invest. |
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Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.
For now, SELL YOUR BITCOINS!!!
Well I dont think it is a good idea. Maybe if it is a bit higher maybe I will and then I will buy it again when it dropped so low. But the situation is different so I wont do the same. Its your choice, face the consequences. Dont make us sell our bitcoins just because you already did. Dont let others panic like how you did. We will do what we think is right and thats not selling bitcoin this kind condition. |
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I came to a point where i am always checking coinmarketcap.com for market price movement that relatively as of this moment it continue to fall down. It came another major fall down on market price. What do you think on the situation right now? Is it a threat that bitcoin will crushed or it is the good time to invest on bitcoin or other cryptocurrency.
It depends on the perception of a person. I am holding a bitcoin on able to earn so for me it is a treat because I can afford to buy more bitcoin and later on when I think its price is enough for me to sell it then I will. I will earn much bigger during this kind of situation. It is just a matter of insights. If negativity hits you then you lose and so your investment. |
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Buying using bitcoin is the last thing on my list. The reason why I chose cryptocurrencies transaction is because I can earn through it while even lying in my bed and I will not to spend it just like a fiat. It will be a waste of bitcoin. If I can hold it for long period of time it will surely become much bigger.
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I tried to open many threads as i am turning my head away from those non sense post but most of the times i do not have a choice but to discuss also with them. Now i hope that this thread will reach out to those people who are always posting nonsense thread and think of a post that is constructive where we could have an active discussion regarding a topic that is not boring.
That is the job for moderators to filter all of those useless threads and those moderators and doing their jobs great. We just have to let them do their jobs. I highly agree, that is why we have moderators so that useless threads will be removed. And like what they have said, instead of complaining about those threads why dont you make a difference and make a better one? Atleast for a change, therefore not all threads will be useless. It will be a big help for us and the moderators. |
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Well, we don't have 100% sure that this kind of people are manipulating the price of all cryptocurrencies but there is a possiblity that they did this. I mean, they can control it because they have the capabilities to do it and changed the flow of crypto market.
I agree, we are not sure about these speculations but there is a possibility that these are true. Lets not get swayed by them and just wait until bitcoin price increase and rise again. And even if they can manipulate the price dont let them manipulate you. |
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