I think it's difficult to make 1 BTC from only 0.1 but it can be achieved if you stay focused. There are too many good coins to invest and they are still undervalued if you pick them up you can surely double your money in few days. There is too much money can be made in crypto currency market. I will follow your journey good luck mate.
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I have sold many bitcoins when the price was around $2200 and that was the worst decision I have made in my life. There are no right times to sell bitcoins just sell it when you want some money otherwise just hold it for few years as it can make you rich if you have few bitcoins.
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It's normal as this is the one of the most used crypto currency forum. People does ask questions for guidance of experienced users in this forum to make more profit and avoid losses. Crypto currency is related with the market and the market don't stay stable so you can expect same topic will be created every few days as crypto currency will get used widely. Real problem is that many people asks their question and then they never close their topic even after they got the satisfactory answer.
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There are many people including me using crypto currency as a payment as it is very safe and secure but most people are in crypto currency for either investment or trading because it is currently most profitable than anything. Crypto currency are the future and it will be used by everyone including the government in next few years so we are lucky that we got a chance to get in early in crypto currency.
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$500k is too much for a single bitcoin. It may reach that amount if bitcoin will be used by all the people around the world but in three years? I don't think it will jump that high from $15k even $50k will be good if bitcoin reaches that price in three years.
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It happens when you're in a market which is very volatile and bitcoin haters play their part as well so I think it's normal but I do cashout my bitcoin when I need money for my personal expenses. If you get panic when bitcoin price drops then cashout some percentage of your bitcoins after bitcoin reach new all time high. This will save you some money.
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There are no altcoins currently which can be compared with bitcoins. BCH trying to get attention of investors by pumping it. I don't think any altcoin will take place of bitcoins for atleast next 10 years.
BCH is good to make some profit if you're a trader otherwise just hold your bitcoins.
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Btctalk name : Wizmo Rank : Senior Current post count : 553 bustadice Name : wizmo. Wear appropriate signature : yes.
Thanks.
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Hello , I have about 3 months only working with bitcoin and i've only gathered some of it from freelance work and signature campaigne. It's like 100$ every month or more . Is it beneficial for me to sell those amounts and just live with them. or should i hold although they are small amounts. I've been told that small amounts like that won't make any diffrence if u held them,so i might just as well sell. Is anyone in the same situation as me ? and what are you planning to do with you satoshi.
I would say you can't make profit while holding your bitcoins since the amount is very small to make decent profit. If you need money then cash it all out or if you want to invest then try altcoins since altcoins are good to make some profit with small amounts. You need to buy cheap altcoins and hold it for few months but before you invest you should do some research about it otherwise you'll end up loosing your hard earned money. Good luck
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I want to buy some coins.Now the Btc price is around 10000$.best thing is buy btc or ethereum now
I would say bitcoin because you can get more profit by investing in bitcoins while ethereum is very steady and growth is very slow as well. Both are good coins for long term investment but bitcoin does provide higher return than ethereum.
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Hold your bitcoins it may reach $15000 or even more in 2018 but I think holding little amount of satoshi wouldn't make you any profit. I would recommend to invest your money into altcoins to quickly double it. Bitcoin is profitable but it will take longer to double your money than altcoins.
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Btctalk name : wizmo Rank : Sr. Member Current post count : 549 BTC Address : 1n4j9fePMkedgYpzFTSfF5aFHMN4Vv4au ETH Address : I'll update it later Wear appropriate signature : I will change it if accepted
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Eth is going very well. And actually i just shocked when i saw the price is 400$ , because i never think eth can be pump like this in 2017! But now it's happening.
So, what do you think , can eth touch 500$ mark in new year ?
Ethereum current price is $481 so I think it will touch $500 in December and price will even touch $600 before end of this year as ethereum is a good coin. They recently revealed their roadmap for blockchain so price will increase for short term for sure. I think ethereum is currently undervalued but price will surely increase in next few years.
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Omg I just checked on the price and it suddenly took a leap from 8.8k to 9.3k$. People predicted it would reach 10k$ by year end ,what are your predictions ,any new trading strategy you have come up with?
Yeah for last few months bitcoin price rises very fast and if it keep rising then we may see bitcoin price will worth $11000-$12000 by the end of this year. I think more and more people and companies are coming to the crypto market that's why we are seeing price rising very fast. There is only one strategy that I'm currently using is buy low and sell high.
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The high transaction fees means right now bitcoin is not going to be good long-term as a form of currency.
Which means part of the reason for holding and believing bitcoin will grow massively in the long term is flawed.
What's your response?
Yes there are many people avoiding bitcoins due to high transaction fees and I think it will be fixed soon. Bitcoin is mainly used for long term investment like gold and currently we can't use it as currency maybe in future we can but for now we can only use bitcoins as an asset like gold.
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You should contact them again and tell them your problem in details and wait for their response as they are going through lot's of issues everyday so I think you should give them some time to identify what was happened and fix it. Good luck
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People are mainly using bitcoin as an investment than currency because it's still in it's early stages if all bitcoins will be mined and countries around the world start legalizing it then we can see the price of it much higher than now. It will be difficult to use bitcoin as currency because of transaction fees but it will be solved sooner or later.
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Bitcointalk Username : wizmo Rank : Senior member Curent post count : 542 Btc Address : 1n4j9fePMkedgYpzFTSfF5aFHMN4Vv4au
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