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For now, I don't really know what is exactly I want to buy. I have a lot of things to pay first. But when I have extra money, I will buy the things I didn't have before but not exactly a house or a car. I am still living with my parents and don't need also a car. Maybe I will just hold my bitcoin and wait for it to increase its value or just monitor it if I need to buy or sell more bitcoin.
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I think they don't know what bitcoin really is, maybe they heard something bad about bitcoin and didn't had a research if it is really true. Or maybe they are just afraid of investing thinking that they might lose their money. But I hope there are people who will introduce and explain bitcoin to them fully so that they may know that bitcoin is okay and not harmful to anyone or for your money.
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Introduce first bitcoin to them. Tell them all you know about bitcoin. Tell them how much bitcoin have grown from past years so they might get interested to it because most people are interested when it comes to earning money. And then, teach them how to invest. When to buy and sell their bitcoin. Also, mention to them something about campaigns where they can received tokens that can be converted into bitcoin and get more income from it.
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First of all, bitcoin is a source of income. Second, these past years have shown that bitcoin increase so much every year. See how much money you can earn if you started investing years ago. So, think of today is like the same day last years, bitcoin can be more. If bitcoin continuously increase its value, you can earn so much from bitcoin.
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A good time to buy is when a good coin is at its low value so when it recovered back to its true price you will profit more. In bitcoin, tho it's price today looks like it is already big, it can still increase its value and give you much profit.
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First of all, bitcoin is money. You can earn a lot in investing in bitcoin only if you know how to handle your bitcoin. You know when to buy or when to sell you bitcoin and how much would you sell or buy. Second of all, it doesn't require so much work to get profit. Last of all, bitcoin is money.
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Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.
I agree to this. Do not panic when bitcoin price drops because it always happens to bitcoin since it is unstable because of its volatility. If you invested in bitcoin and the price drops and lower than the price you bought it, DO NOT sell it immediately. When the price of bitcoin drops, it is now a best time for you to buy new bitcoin and wait for the bitcoin value to grow again and watch how much money you have earned. Bitcoin will always recover it price. Don't panic. |
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It doesn't matter what your friends told you about investing in bitcoin. Investing is always of your choice even in other investment than bitcoin. Some people will always want you to fail, so you shouldn't be affected by that. There is nothing wrong with trying to enter stuff like this. The higher the risk, the higher the return. Always think of that. Your friends shouldn't be a hindrance for your success.
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No. If all the bitcoin are mined, bitcoin will increase its value and by that, people who own bitcoin will surely sell their bitcoin for it has very high price. I believe the price of bitcoin will never be stable.
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Anyone can buy their bitcoin as long as they know how to handle it. When investing is bitcoin, one should know when to buy, when to sell and when to hold their bitcoin. Investing will not work if you don't know how it works.
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I believe bitcoin will continue to increase in the next years. The price of bitcoin is increasing each year despite that it experiences big fall downs. The valueof bitcoin today is much greater than last year and the year before last year and many years before.
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Teaching bitcoin in the classroom is a no for me. You can discuss bitcoin in some subjects such as management or ecomics but it can never be the main topic or lesson needed to be discussed. If you want to further know about bitcoin, you can do research. Internet is everywhere. Also, not all people, specifically children are not interested in bitcoin. Bitcoin can be discussed to places where people are also investors of bitcoin.
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Think that we are in the same situation with those who have bitcoin before. When bitcoin value is too little and none of them have thought that it could worth this big now so they spent their bitcoins and did not keep some to hold. If you invest now, your investment can be multiplied years later if you just have patience and know when to buy or sell your bitcoin. You surely will be a millionaire if you know how yo handle your bitcoin wisely. You can also join campaigns where you can earn more tokens.
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For these past years bitcoin grew up very fast. Many people are not able to predict that bitcoin will grow big because if they knew, they would have had invested years ago that is why people are starting to invest in bitcoin now because of the probability that it will grow much higher in the next years.
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Using bitcoin as money for me is not a good idea. You may regret using your bitcoin to purchase a chicken in kfc when that bitcoin can increase its value sooner or later because bitcoin's value is not stable.
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I think no. As bitcoin started from very little it never reached zero thinking that it is near to zero. I think it will only increase its value in the future since people are started to get interested in bitcoin this days and they started to invests. When bitcoin value drops, people will start to sell their bitcoins thinking that they will only lose more when they hold it for a long time. By then, people will buy bitcoin with lower prices and that will make bitcoin price goes up.
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Cash is better than bitcoin because it is a physical money. It's price is fixed. A 1000 dollar will always be 1000 dollar but 1 bitcoin can grown more. Because bitcoin is volatile. It changes and it is not stable. When you used bitcoin to buy something, it is either you win or you lose. When bitcoin drops its value and you were able to used it to purchase stuff then good. But if bitcoin rises and you already have spended it, it is your lost.
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The fall of bitcoin is just a way to make it balance. Bitcoin can't just continually grow like there is no but up because the market will be stable. No one is going to sell because bitcoin is kept going up. I believe that bitcoin will soon recover and those who invest when the value of bitcoin is low will surely profit a lot when bitcoin finally recovered.
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Bitcoin volatility is what investors get interested into it. If bitcoin has stable price I wouldn't buy it. The idea of investing is the risk that you will take. Believe that your investment will grow and do not stay as it is. If you buy a bitcoin with stable price and not grow the investment is nonsense.
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