 Show Posts
|
|
Pages: « 1 [2] 3 4 »
|
|
Accumulating Bitcoin isn’t easy. You either earn through bounties which isn’t as easy as it sounds or you buy through fiat, which you need skills to know when to enter, or you mine it. Mining is also expensive. There is no easy way out
|
|
|
|
|
Also bear in mind that if the company is using a 3rd party due to not having their own node, then there’s no decentralization in that. That aside, companies accepting Bitcoin as payment system will ease the burden of charges and easy tracking of transactions
|
|
|
|
|
Considering the fact that not so many people out of the world population know about Bitcoin, the vote result is really on a high side. 40% is huge considering the analysis of how many people know and transact with cryptocurrency.
|
|
|
|
|
With JP Morgan, I believe there’s a conflict of interest. Even if his analysis is right, which I still doubt, I won’t still believe him completely. For me, this is just a speculation.
|
|
|
|
|
Your Bitcoin wallet will remain untouched and the same if you don’t share the keys before you die. While you’re trying to secure your wealth, also remember that when you die, it will not benefit your family if you didn’t share the necessary keys with them.
|
|
|
|
|
Different strokes for different folks. It highly depends on one’s personal growth and nobody can dictate to you how to go about your wealth. Have a game plan. The game plan will determine whether to Hodl or sell and every other in between.
|
|
|
|
|
One of the reasons will be because young people get weary of too much regulation and with crypto, they can make so much with little regulatory processes. And also, young people are open to trying new things.
|
|
|
|
|
You have total control over your personal wallet and it’s way safer except you’re careless enough to lose your phrases or keys. With exchanges, you can’t completely tell what can go wrong.
|
|
|
|
|
I have my reservations about ‘living on crypto’ because except you probably live in a country like El Salvador, you’d still need Fiat.
|
|
|
|
|
Right time to sell is when you’ve achieved your goal. So it’s advisable that you have a goal when purchasing it. When people advise you HODL is because they believe the price will become higher in a longer timeframe and you have more chances of making better profits when you HODL. Just have a goal and sell when you hit the target.
|
|
|
|
|
It’s not unreasonable if your reason is investing. It’s correction mode, look for a suitable entry. For the past 10months we’ve seen the growth of BTC this year, look for a good entry, apply proper risk management and you’ll be in profit, LONG TERM.
|
|
|
|
|
Nah. Bitcoin for me is long term and not some get rich quick scheme. Also, I do not consider Etherum to be a shit coin.
|
|
|
|
|
Not all coin can stand the test of time. Holding a coin for long is no assurance that it will yield profit. Know what coins to hold for long term and know what coin to sell when you realize profit. Advising holders to hold all coins for years isn’t good advise. Also, people’s priority for profit is relative. Know what works for you as long as your goals are well defined.
|
|
|
|
|
Either that person is unquestionably good at trading or has a concrete reason to be sure of the profit. If one isn’t any of these two, avoid taking a loan. You cannot be 100% sure of the outcome of a trade if you don’t fall under the above mentioned category. Taking a loan to trade isn’t just risky but it puts the trader under pressure which is even bad for trading!
|
|
|
|
|
I’d like you to walk me through your thought process. What triggered this? Well, just like in the real world, there are already believers of Bitcoin and there are non believers of Bitcoin. This balance will always exist.
|
|
|
|
|
Over the years, Bitcoin has gained popularity and this has made more people interested in joining the train but no one can say for sure that it will last till infinity. That’s quite an exaggeration. Years from now, for all we know, a new technology can replace Bitcoin. Nothing is certain.
|
|
|
|
|
