Both are different from each other if we talk about gold then it is good for the majority of investors because the gold is more stable than bitcoin and most of the investors want a secure investment, while on the other hand, some crypto lovers want high profit in a shorter period of time so they choose bitcoin as an investment.
In my opinion comparison of BTC with gold is of no use! Let investors decide where they want / will invest their money.
I agree. Gold and bitcoin can both use for investment but in different time duration. Bitcoin can be for short time as long as the price increase to gain profit while gold stay stable for a long time but the price does not go down as it is become more limited in the market and use on making accessories for business. It is depend how you handle investment because both are doing good.
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Well, it depends on the country. Some countries have some many different stores that accepts bitcoin. But still, obviously people don’t prefer to purchase some goods with bitcoin. It’s better to hodl these days.
I agree, almost everything can buy using bitcoin as long as it is legal in each country. But with the situation of price of it on the market, it is doubtful to use it for purchasing but rather invest it to grow some more. Not only product can pay by bitcoin but also services.
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The growth is tremendous and it happened to make a big change in the entire market. Some users have literally shocked on seeing the growth taking place with time. There is nothing to get shocked, and further overcoming the drop in price there is some good in the price of bitcoin and altcoins. This has made the entire market get out of the bloodbath.
There is no reason to be shock unless those who wait for the price to rise without investment because they keep losing their chance. The market makes them eager to enter and take risk because it keeps rising day by day and less drops is being seen. Hurry up or just wait for the price to drop again.
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Many people still keep saying about bitcoin is fake money and trying to make some time the same with bitcoin and have scam many investors, just wait when bitcoin raised to higher price you can give them the best value of bitcoin.
They just say that bitcoin is fake because price got down so much which they expect to gain profit. Lot of stores accept bitcoin already, so people have to know better about it too that it can work like a fiat and much easier to transact everywhere.
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Determination is essential in crypto currency But you need to couple it with a positive mindset and not a get rich quick thoughts
Then do your research and always cash your profits too
Determination is really a power. You can do everything even impossible things because you are not going to stop and keep challenging yourself until you succeed and reach the real goal in life. Determination can do all things possible and think different solutions though it takes high risks.
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You are correct, most times as traders when we see profit, we keep hoping that the percentage profit will increase instead of taking profit, we keep holding for more increase, before you know it, it is back to a loss. So Traders should learn to be satisfied with little profit instead of loosing capital.
I agree. You have to know limitations for you not to lose because when you are gaining, you keep to take risk because of eagerness to have more and when once lose, you keep want to turn it back though it keeps you lose more than you win on the second time around. You have to be satisfy on small profit , do not hold much because the market today having small pumps and big dumps.
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I think April will hopefully be much better, keep thinking positively and always be optimistic. There will be times when all will be stable, keep up the spirit, guys. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) We started the month of April with a big pump so i believe this trend will continue to the end of the month and a higher price will start again next month. Always positive can bring hope as well in the market, now we are stable with $4900 level but I expect to make another pump this week. We still hope that crypto will make a good pump in the market as what we wait for. It is not the time to give up but find ways to earn something worth while waiting for the increase in price. Some thinks that it is late but it is a good time for them to join and have patient to wait.
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No I can never borrow in cryptocurrency because it can be a too risky to borrow in cryptocurrency, In a crypto market price always get up and down, if you borrow and he price of the crypto got very high in future so how will you pay borrow.
I agree. Crypto price is very volatile and fluctuates every time that is why I prefer to borrow with fiat. Borrow on fixed amount so only interest will make it higher and you know exactly how much you are going to pay. Though crypto is really acceptable, I wont take the risk to borrow it, mich better to work and be paid with crypto.
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I think it has become commonplace if bitcoin users want to find profits in bitcoin. Maybe it won't immediately make them rich, but at least the bitcoin users will get additional income from the bitcoin.
Of course, bitcoin wont make you rich that fast because it depends how you work on it and how you handle the risk to gain success with it. Many are disappointed when the price keep falling down because they lose big amount but those who gets payment from bitcoin enjoy it because the volume gets higher where have a chance to grow when the price rise. Bitcoin wont make you rich when you are afraid to take the risks. It just you have it as an extra income and you work for it rather than used it to work for you.
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You need to buy and keep bitcoin as simple as it can help to change your life. It can be an instrument to a better life and to achieve your dreams. As keeping of bitcoin you don't have to worry because it is tax free and no annual fee like credit cards. It is also like a gold because it is good investment and goid as cash because you can use it in a daily transaction and the good thing is you don't have to carry a money or wear gold jewerly as a investment all you need is digital wallet and private keys.
It is beneficial to have bitcoin in any way to want it and then keep for getting profit from it. No matter how much it risks to keep in online wallet but if this digital currency become acceptable every where, many going to attract with it again. Like gold, bitcoin is good to reserve for the future gain.
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That is how it will always be when you are on the right track everyone will try to throw stone at you to distract you but I trust bitcoin it remains strong then ever. Some even went as far as calling bitcoin a bubble but for 10 years and still counting the bubble have not bursted yet.
Bitcoin cannot be defeated and more competitive makes the coin strong and still the king. Whatever coins created do not stay for long and never had a value like btc have in the market no matter how deep it drops. I still trust bitcoin, which is only recognize by everyone when in high price without taking opportunity when it is more cheaper.
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How long does Ico last? So, my friend is participating in the subscription campaign in the OUTOFTHLOUD project. https://bitcointalk.org/index.php?topic=4814891.0then something has changed and now https://bitcointalk.org/index.php?topic=5085373The rewards program began on August 1 and continues to this day. It has been 8 long months. Posts in social networks stopped at the end of 2018. For all Telegram questions, when the program ends for a fee, my friend gets one answer - after Ico. When asked when Ico will end - silence. It’s a pity to throw a signature, it turns out 8 months of work wasted ... Tell me, is there a limit on the duration of Ico? It can not last forever? Sincerely an ICO that is going for over 8 months is a failed ICO because they keep on postponing the tokensale because of the inability to raise soft cap. Therefore, an ideal ICO should not go more than 8 weeks. Sometimes ICO extends several week more than the planned because of less investors and have to gain successful token sale. Though some are having few weeks then give rewards, the exchange longer to be listed. I have joined some bounty for a year but until now, there is nothing profitable among it.
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Why do you consider Bounty to be the main income? It is just passive income, and if it is seen as a source of gain, the end will be like you. Have you tried trading? If you want to own your own business, you must start trading.
I agree. Trading might be than doing bounty to make your strategy improve and create your own business, when you success, financial freedom is achieve. Work here is not stable where can depend the living but an extra income which can be an additional source, and be happy to have a job because someone is wishing to be there in that position.
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Most of them make money by tricking other people. example: like a cloud mining maker, by giving a return on capital and greater profits. I hope no one has been fooled this year by the cloud mining site. because they are fake websites that can endanger crypto users. especially for beginners, because you are very quickly caught up in their seduction. Remember that in the crypto world there are no rich people quickly.
People should search about the review of cloud mining. Those who are new think that it is easy money for the to earn without knowing that the site is being used for them to attract though it really not going to pay. Mining site should not be visit or warn those using it to stop because it just going to waste their resources. There is no easy money, you have to work for it to gain.
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
This is the purpose of Exchange platform existence mostly being mentioned above already by other members.You can simply convert your Bitcoins to Fiat or just simply on stable coins for you to avoid btc volatility.You can switch or have the opt out to convert as you like. There are many platforms for exchange you have have to choose the legit site and where transaction fee is much lower so even you withdraw it, do not lessen much amount. You cannot lose when you wait for the price to rise again again as long as it is potential coin. Local exchange is mostly used for directly exchange into fiat.
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I am interested. Bitcointalk Name: Naughty Princess Rank: Full Member Stake Name: Naughty Princess Wear signature & avatar: Yes
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Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction
It has not changed much in over the four years you were away. The adoption has increased and also attention from government and external industries. Bitcoin is not slowly replacing fiat, I do not think it is meant to replace fiat currencies. It is an alternative currency Moreover, crypto transaction is faster than before. The adoption of crypto is faster and then the price gets lower but still it is popular in the market. It is an alternative currency which will not replace even fiat. For now with the price, it is an investment to everyone which hopes to gain when the price gain a recovery.
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It's of believing in a project because they had a successful ICO, some making millions. But sadly those millions did not turn into a good product, lack of marketing means no investors, hence they got dumped into the shitcoin pile
Though there is good white paper for a specific project when there is lack on marketing startegy, it won't work. Investors left and no one got interest on it again. ICO won't end successfully and only burned the left coin but still the coin wont listed on any exchange.
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