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 I couldn't wait any longer and jumping into cryptocurrency pretty late. I understand I have invested at the high end as of late, but with the rapid growth over the last several weeks I would be a fool not to jump in. What are the predictions of the bubble before it bursts and drops back down? Also, I imagine it should become my goal, as an investor, to actually use the bitcoin for what it was created to do. Peer to Peer purchasing in a free market, not relying on the banks or 3rd party taking their cut. Where can I begin actually using bitcoin to purchase normal household items? yes, It is true. Better late than never. Because I have done it since 2017, I have gotten alot benefits from bitcoin. |
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As a newbie, I should know the risk point of investment in cryptocurrency. Could you please share your views so that I can gather some knowledge about the risk factors??
Thanks in advance.
I think the risk factor in investing in cryptocurrency is great. You should be wary of the coins you invest. You can not expect that every day you make a profit. Cryptocurrency is very easy to change, whenever the price can be low or high. So, be patient. |
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What is bitcoin? This is the first cryptocurrency that Satoshi Nakamoto opened to the world in 2009. And if even before 2011 it was used exclusively by programmers, then later it became available to ordinary users. Over time, more and more users of the Internet began to learn about it and investments in bitcoin only increase every year. There were times when the value of this cryptocurrency did not move from a dead point for a long time, as well as there were sharp UPS and downs.
It is interesting to know how many people have known about bitcoin since 2009 and how long have you been investing in bitcoin?
What percentage of the profits is brought to you by early investments in bitcoin?
Last year bitcoin price is very proud. I earned a lot from it last year. Bitcoin is now popular and many people are involved in it but not just bitcoin but also in all crypto coins.I thank to bitcoin. |
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Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
I think Bitcoin will soon be legalized in all countries. Because bitcoin is the technology of the future. |
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Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).
Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!
I personally still have a permanent job , Aside join in crypto because I have to get permanent income to fulfil my needs. Crypto is long term investment. |
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Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
Yes, I think In five years the crypto currencies will have a great thing. Crypto will dominate and more stable. I believe it. |
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With all the good news coming out in favor of bitcoin like Expedia accepting bitcoin etc it's time to buy with the price going down. You will not be so lucky next week. I strongly believe it's going to reach $700 by end of next week! Yes, It is the perfect time to buy bitcoin. By seeing the market is low. You can hold it until the price is going up. |
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Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
Of course, Bitcoin is more risky than bank investment, But Bitcoin is more benefits too. |
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People nowadays used to hold bitcoin instead than to circulate it, how may if affect in the stock or volume of the bitcoins?
Yes, It is true, Holding will effects the stock of bitcoin. When the market demand is increasing, you can sell it. |
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Invest in bitcoin is many advantages. I personally have alot benefits from it. I thank to bitcoin. |
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Yes, It is true, When the market is low, You should to buy bitcoin. Believe that. At the end of the year the price will high again. |
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I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
Yes, It is possible crypto currency can replace national money. Because In the future the crypto will dominate. |
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If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Because The people still believe the market of bitcoin will rise soon. I also believe that. |
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No, I think Bitcoin has more benefits than risks. It is my opinion. Because I have got alot benefit from bitcoin in last year. |
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I think when the price is going down, it is the best time to buy. It is my way. |
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Hello guys, I have a friend who told me about BITCOIN MINING. What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume. I'm not even familiar with it , so I'm probably asking for advice on for those old miners. Electricity here in PH is so expensive. Do you have some tips and tricks? Thanks in advance guys !  I think bitcoin mining is very expensive. You can choose mining, if you have much money. It is my opinion. |
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i see the future. ether will be 1k$ in 2018.  update: stoppp ittt. i didn't buy  No , I think you prefer buy ethereum with a half of your money, because the crypto is volatile. It is long term investment. |
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Hi guys,
do you think it's a good time to buy ETH now? Price seems to be kinda low, but I'm not sure what to expect from ETH during the upcoming weekend & the aug1-happening after..
Do you think it's better to wait a few days...?
yes, It is true. It is the right time to buy eth, you can hold it and get benefit when the price goes up. |
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mon·ey (noun)
- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
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cur·ren·cy read as ˈkərənsē (noun)
-a system of money in general use in a particular country.
So, is bitcoin money or currency?
both, bitcoin is money and currency. bitcoin is payment system and investment. |
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Is crypto mining more profitable than getting tokens from bounty campaigns?
I prefer crypto mining, because I dont have alot of time to participate in bounty campaign. |
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