so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
Investing in bitcoin is better than stock and mutual fund we just need to hold it for a long time to be able to earn the fruit and of course you need to be ready for the risk because crypto is more risky compare to stocks and mutual fund. |
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My plans for the next five years in Finance is to build up my own business while doing my regular job as well as investing and holding bitcoin and other crypto currency. We should not stop working or doing business for the growth of our financial goal.
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For me bitcoin is an investment because the profit possibilities is very high but the downside as well. It is like a stock investment the longer we hold the higher the returns.
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I am wondering if there's a huge probability of bitcoin investing will become a company's focus. Like making a company that specializes investing of bitcoins Any thoughts?  Yes there is a probability if a company would like to take part in investing bitcoin. The only question is are they willing to risk part of their capital? Crypto currency market is too volatile it could drop very low or very high. If the company is not ready to take the risk better not to invest. The managing team of a company should study first the flow and make sure they are prepared for the risk otherwise they might loose their investments. |
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I started to like crypto and being an enthusiast with it lately. I had read many articles around in the internet and found some good attributes regarding on the different kinds of crypto in the crypto market. And i found out that ethereum is a platform which also supports mostly of the altcoins being introduce by its mean using ICO. Conducting a project from the crowds budget and in return from the contributions are the giving of tokens instead. And afterwards the tokens will be used in an exchange they prefer to partner with. That is why i am taking credit to ether as best crypto next to bitcoin because of the platforms being used by most of the crypto as well. What do you think? isn't it ether is the best crypto?
Based in the coin market cap it is indeed the second best coin next to Bitcoin. Ethereum is one of the coins that has strong potential in the crypto industry. |
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Lots of coins are coming in every month. But I can't know which coin will good in future, Always I face problem with my confusion. So, is there anyway to know which coins are good?
Thank You
You have to do more research on the specific coins that you are eyeing and you need to analyze how strong it is to be able to compete in the market. |
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kinda strange when investing in a volitile market. you can spend 10,000 $ into the market in january and come out less. than what a person invested in april with 10,000 $.
It is on how you strategize your investment no matter how big it is it is the matter of timing when you will invest and how you will cope up with the risk. |
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In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
I prefer to increase my bitcoin compare to dollar because bitcoin has a higher value and the rate of return is far better than the dollar. |
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I like to know your stand against the current market price falls down that relatively almost in the danger zone for the crypto holders if they still hold their crypto it might be one day that they will going to lose all their money. My ideals is different i had to sell it though it means that i had to lose some of my money. Anyway i could invest again when market price recovers but not for now seeing crypto market looks so bad. Will you still hold?
With the current price of the market now I would definitely still hold my investments because i cannot afford to loose majority of my investments thats why no matter what happen i will keep on holding on. |
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That is true those whales manipulate the market that can cause panic to the investors. But for me i will never ever panic because i had been years now in this market and i had already experienced those panic situations it only cause me losses in my investments. I had learned already thay we should not panic and to continue to hold the investments.
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Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?
Source: cnbc
That is not true because the value of bitcoin now is far from that of zero and the transactions are keep moving wether selling or buying. That zero value rumor is trully non- sense. |
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I have seen the crypto market for last 1 year and the last 6 months are not so good for BTC and Alts.
The total market cap is going down and price of BTC is pumping and dumping again and again.
What should we do now hold or take a exit and wait for more drop ?
It is not yet the end of bitcoin and other crypto currencies. You are right that the last six months are not so good for Bitcoin and alternative crypto currencies. But for me i will keep on holding because i believe that the market will move upward in the future we just need to hold on and be patient. |
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That is true when we invest we should not regret because this investments will grow as time goes by specially for long term investment. I am sure that you had researched and study first your investments before purchasing.
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Hello all. The current situation of the market is not so good. I believe that some of you are panic, some are giving up, some holding to die.  Could you please share with us your current investment strategy so that everybody can learn from your good practices and overcome this tough time?  My investment strategy is to keep on holding during this time I know that many of the investors are in the panic mode because of the deep happening in the market. I am positive that the market will recover and my holdings will have a higher value. |
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The only reason why people do still believes in Bitcoin is because they believe in this kind of investment acquiring bitcoin could give us a better income we just need to hold on to it. Eventhough the market goes down I believe that it will rise soon.
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. In my own opinion the price of bitcoin is rapidly going down is because many of bitcoin holders are dumping or selling their investment because they are avoiding the losses they might face. |
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A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input
From stock market I had shifted to crypto currency because it is more profitable and aside from crypto I would invest or put up my own School because school is a good business is just a matter of a very good education quality. |
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stacked in holding.
Well it is hard to tell when it will recover it would depend on the investors who actively invest in bitcoin and other crypto currencies. I think right now the investors are not that aggressive because they are still evaluating the market if its the right time to buy. |
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As long as the use of bitcoin and crypto is increasing. Different country and company are constantly bringing new crypto currency to the market. Statistics show that the amount of investment is increasing in the crypto sector. Some banks are already accepting Bitcoin payments. Bitcoin is being used in most countries of the world and there are no restrictions on the use of Bitcoin in those countries. Bitcoins are being accepted on various online sites. Since the discovery of Bitcoin, nearly 2000 more cryptos have come to the market.
Despite the so-called bright future in Bitcoin and Crypto, why do many say that all the cryptos will disappear from market?
Crypto market and bitcoin now is getting more popular and lots of people now are showing interest so it is impossible for bitcoin and cryptos to disappear and more developers are developing new coins that adding up to the list of crypto currency market. The news you'ved heard all just rumors and i do not believe that crypto will disappear. |
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
There are no alternative way to retrieve the keys specially if you lost all your back up files. What you need to do is to safe keep those keys as much as back up as you can make because you will say goodbye to your investment if you cannot retrieve the keys. |
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