The price is surely increasing rapidly as many big buyers are investing in BTC these days. A correction is necessary when the price increases rapidly. There are only 2 things you could do when BTC starts falling. Either you sell your BTC or hold your BTC. Holding the BTC won't make you any profit but won't give you risk of loss as BTC recovers it's price sooner or later. Selling BTC and buying it back in the bottom will give your more profit but involves risk of losing money as well.
I have to agree with this. Due to unstable conditions of bitcoins these days and the past months, many are on second thought whether to buy it back or hold it in. As for me, I'll have to take risk because Bitcoin may fall down but as it falls, investors would eventually come and Bitcoin rates will increase. In those time, maybe I can buy back my investment.
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Bitcoin market hasn't been stable for long. We never know when will it rise or fall again. There were news that bitcoin has got new investor so I would be willing to buy.
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Thank yoy Peer Mountain for approving my application. I will do my best to make Peer Mountain is on topic. It is a good opportunity to us to be part of this bounty campaign.
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Edit: I have now invested 50% into Skycoin, 20% into Raiblocks, 30% into Bitcoin I have 12 Bitcoins. I am not a whale. I started about 6 months ago with 0.01 Bitcoins and $1000. I turned it into 12 Bitcoins so far and am pretty proud to say the least. My question is, what do I do now? As far as I can see, I have 4 options;1) Hold the Bitcoin
2) Invest in altcoins and leave a little in Bitcoin
3) Fund a project and start my own cryptocurrency that solves a problem that current currencies face (scalability, Tx fees etc.). With the funds, I would be able to assemble a team, start a marketing campaign, get listed on exchanges etc. I am also a programmer which helps.
4) Convert it to fiat (probably the dumbest idea)Edit: I should also add, I dropped out of school and have all the time in the world so can fully commit to any idea. I will earn my living of cryptocurrencies.A few people have asked how I made my money so, if you are interested, here is a short summary: Initially, I put it all into Bitcoin during the massive FUD of the fork around June when Bitcoin dipped to $1,900. Then I put half my money into NEO before all of the hype at around $12 and cashed out at $40. Then I invested in a couple ICO's and turned a pretty good profit of off the hype. After that, I got back in on NEO as soon as China announced the regulations regarding ICO's and rode the wave back from around $20 to $40 (I can't quite remember). Then, I rode the hype of Ethereum Dark, eBitcoin and a few other airdrop scams. Finally, I got in on Wincoin before it got to coinmarketcap and turned a 20x profit. If I were you, I will choose number 1 Hold the bitcoins, you know why? Bitcoin price varies in just a an hour what if we hold it for a year or more than a year? What will be the price of bitcoin? Do you see yourself 10 years from now? I guess you will become rich after 10 years.
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I think digital gold is BTC, silver - LTC, bronze DOGE, oil - ETH, gas - DASH I will go for ETH, this is the one mainstream and medium exchange in some trading site. It's also preferred token to be exchanged to another token or coin. Some exchanges can only be trade in eth and it is the best advantages of ethereum among others.
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Philippines Ready for Crypto Revolution? A principal regulator in the Philippines has announced: “The direction is for us to consider this so-called virtual currencies offerings as possible securities in which case we will apply the Securities Regulation Code,” the country’s Commissioner, Emilio Aquino, of its Securities and Exchange Commission (PhSEC), signaled on 21 November. Movement towards proper legalization comes after much consideration and monitoring, along with consultation with its central bank. Philippines Ready for Crypto Revolution? Perhaps looking to its prosperous neighbor, Japan, the Philippines seems ready to welcome a cryptocurrency revolution within the archipelago. Ano kaya ang effect nito sa inyong Bitcoin life? Excerpt from Bitcoin.com: https://news.bitcoin.com/philippines-move-in-direction-to-legalize-bitcoin-as-a-security/Ang bitcoin ay hindi legal at hindi rin ito illegal . Kung para sa akin hindi pa handa na maging legal ang sa pilipinas kasi maaaring itong patawan ng tax at magkakaroon ng malaking impluwensya sa bitcoin.
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Curious lang po ako.
Ang pagtaas ng bitcoin ay nakaka apekto sa magandang ekonomiya. Kung magiging marami ang gumagamit ng bitcoin mas magiging maunlad ang ating ekonomiya dahil mas magiging indemand ang bitcoin kung madaming makakaalam nito.
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Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
I think you should wait for the bitcoin to drop the price because it is the right time to buy bitcoin. You can still buy bitcoin now of you have enough money to buy it. You can hold onto it until it rise up even more so that you can earn more bitcoin as possible. You can also invest in bitcoin but be aware of scam because it is spreading nowadays.
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We all know the advantages of BTC, but what are some of the disadvantages??
For me. I think there are no disadvantages of bitcoin. Bitcoin is made to make the delivery of money very easy using digital cryptocurrency such as bitcoins. Although the transaction of bitcoin is not that fast , it helps us create a new generation of creating an easy way to make the payment more easy.
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I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins? If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins? What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
I think there is only a small difference between bitcoin and a real money. Bitcoin is for using easy payments online and real money is used for payments in our basic needs like foods and other things we need to survive. It has only small difference because we can also convert bitcoin into some real money using an exchanger sites.
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Yes , although its my first time investing in bitcoin Im sure that its legitimate and not a scam. I dont want my bitcoin investment and efforts will be wasted for nothing. Of course we all want to be successful in life and i know that investing is also taking some risks in life but i will take that risks because no matter what happens i will never give up and i will become successful one day.
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What do you think a about it? is it good or bad for bitcoin?
Bitcoin community is rising and still counting. I think this is good opportunity for all of us who uses bitcoin to earn money. If the bitcoin community is rising it means that the bitcoin will also be in demand and this will trigger the price to go up. As of now we can see a huge rise of bitcoin price and its even more rising than before because of the rapidly increasing users of bitcoin and investors this results to the high price that bitcoin is showing nowadays.
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Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
What's your take on this, should I go ahead and quit?
Thanks
For me it is not advisable to quit job just for bitcoin but maybe you can keep both so that you can earn as twice as more. But its up to you if you want to quit your job. If you want to have full time in exploring bitcoin then quit your job and explore bitcoin but you can also explore bitcoin right after you finish your job , just choose the best option for every problem you encounter so that you can be successful one day.
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Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
I think you must explain it not just only by talking but also with videos and other things that may help improve their understandings. Its not that instant to learn bitcoin and because they are just children to have many space for improvements to learn and although it might take some time they will eventually learn it and just be patient in teaching them.
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Hello everyone as the title says ^ Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I store my bitcoins using online wallet like coins.ph because that is the most used wallet here in our country. There are also many different kinds of wallet that you can store bitcoins. For examples are blockchain wallet etc. and there are also some offline wallet to avoid hackers. You must not give your personal information to anyone to avoid losing your bitcoins and other important things you have.
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mga partner share your prediction kung posible ba umabot si bitcoin ng $10k bago pumasok ang bagong taong 2018?
Oo naman , mayroong posibilidad na maging 10k$ ang bitcoin bago mag 2018. Kung magkakaroon ng madaming investors ang bitcoin at magiging in demand ito ng sobra may posibilidad itong tumaas ng mas mataas pa sa kasalukuyan. Sa pagtaas ng presyo ng bitcoin ngayon nagpapakita ito ng malaking potensyal upang maging mas mataas pa at malay natin mas triple pa ito pagdating ng future. Ang magagawa lang natin ngayon ay ang maghintay at maging updated.
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Anu feeling ng nag tatrade ka?
Syempre sa lahat ng maging una mong experience ay hindi mo maiiwasang kabahan. Normal lang sa isang tao na kapag hindi pa niya naeexperience ang mga ginagawa ay natural na kakabahan siya. Sa akin ganun ang una kong naramdaman noong una akong nag titrade . Pero noong natuto na ako sa pagtitrade , magkahalong excitement at masaya ang aking naging feeling kasi alam ko na ang ginagawa ko at masaya ako kasi kumikita ako gamit ang pagtitrade.
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patuloy ang pagtaas ng bitcoin ano ang mas kailangan nito sa darating na panahon investors ba o users? maganda malaman ito ng nakakarami dahil mas lamang kung may alam ka kabayan sa mga posibleng mangyari sa hinaharap
Ang mas kailangan ng bitcoin ngayon ay investors. Bkt ? Kasi sa ngayon sobrang dami na ng bitcoin users at padami pa ng padami ito dahil sa pagsikat nito sa ibat ibang bansa kasama na doon ang pilipinas. Sa sobrang dami na ng bitoin users ngayon mas lalong nagiging in demand ang bitcoin ngayon at sa tingin ko mas madami na din ang mag iinvest dito. Ngunit sa kabilang banda , mas kailangan ng bitcoin ang dalawang ito kasi ito ang bumubuo sa pagpapatuloy ng bitcoin sa ibat ibang lugar.
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Banks do not fear cryptocurrency. Most likely they do support cryptocurrency because they can also use it as an alternative way of getting investment in their banks. Without a bank how can digital cryptocurrency become real cash . So they are both even and there is nothing to fear of such things. They both need each other and they are also related as other currency here all around the world.
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Mga kabayan gamitin natin itong thread related sa mga alt coins ,gaya ng Dogecoin, Litecoin, Dash, Ethereum at iba pa.
Kung gusto mong makatuto tungkol sa mga altcoins may section dito sa forum kung saan puro altcoins ang pinag uusapan. Para sa akin ang pinakamataas na altcoin ay ethereum kasi parang humahabol ito sa bitcoin dahil mataas din ang presyo ng ethereum ngayon maliban sa ibang altcoins.
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