Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Day trading is only for some people who are able to analyze market ratios appropriately and hold bitcoin for everyone who don’t have enough knowledge to become a day trader. Day traders can earn passive advantages faster than being holders.
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Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa . This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country Yes really bitcoin is very helpful for those of us who have insufficient economy with bitcoin can help the economy becomes better. And there are a lot of evidences that bitcoin helps a person's economy get better. Bitcoin is also not too difficult to be a job, so bitcoin can reduce unemployment in this world.
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In an article they say that. Approved Cryptocurrencies The Thai Securities and Exchange Commission (SEC) announced on Friday the details of the country’s cryptocurrency and initial coin offering (ICO) regulations. The measures were approved at the regulator’s June 7 meeting and are expected to go into effect later on this month, according to local media. “The proposed approach has been through public hearings in several channels,” MGR Online wrote.
It seems that Thailand has been attracted by bitcoin/crypto until the Legalize. It’s a good news for the citizens of Thailand who has been holding bitcoin and it can be used as a transaction tool like fiat but must follow some rules that have been regulated by the government of Thailand
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Things you said are true. But we as the bitcoin holders or investors must be ready with the various threats that come to destroy bitcoin. We will be bitcoin supporters though many people who hate bitcoin we must keep supporting bitcoin.
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I agree we should not be greedy and think the profit for ourselves. I think the right trade doesn’t have to be very greedy and we should have some knowledge about technical analysis to avoid being too greedy.
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We can’t see bitcoin if the internet is destroyed from this world. Bitcoin won’t end if the internet still exists in the world because bitcoin can only be accessed through the internet to perform transactions. If the internet is dead then bitcoin will die if the internet is alive bitcoin will stay alive.
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It seems that you are under control of bad news about bitcoin spreaded across social media and websites. This is a natural thing if bitcoin and ethereum selling price decreased because for 2 years both selling prices were rising. And on 6/30/2018 the price of bitcoin and ethereum had recovered. The slow price decrease stopped on 6/30/2018 and that's good news for all of us.
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No, bitcoin is already used as an online transaction and there are already several companies that accept payments via bitcoin. But for now bitcoin can’t be a currency because the price is not stable and many people use it for an investment because of the unstable price. Bitcoin is not yet accepted by most countries because bitcoin is a decentralized currency, and every country will find it difficult to accept bitcoin as a currency because every country has its own currency.
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- Slow transaction speed
Bitcoin transaction isn’t slow, whenever I exchange altcoin become bitcoin doesn’t take so long even my transactions are successful under 8 minutes. Maybe you can try to exchange your altcoin into bitcoin or use bitcoin in some companies that accept bitcoin as payment. Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin also has a good future but cannot be sure because bitcoin’s journey to a good future is still long. There are still many countries that ban bitcoin. Every crypto currencies have the same tendency we all know the bitcoin is anonymous and volatile in nature. For this only we are investing our hard earned money into this crypto currencies. I see you guys are really feel panic about the price dump on bitcoin. I hope you guys are started into bitcoin by 2017. That time bitcoin rapport is only big spike by taste it these things may be bitter for you but accept it and invest more to taste the profit again.
Yes it seems you are right. Most people just want to earn profits from bitcoin without thinking long that the price decrease can make loss and panic to sell bitcoin. Bitcoin is very extreme where the price rise and down drastically. Like a few days ago bitcoin was dropped to $ 5,800 and I'm sure at that price many people panicked and sold it. Today there must be a lot of new investors because the price has rebounded to $ 6,400 and that's where new investors buy from what has been sold by bitcoin holders who panicked seeing the price keep decreasing.
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Today the bitcoin’s price has rebounded and has reach $6k again, it’s a recovery to re-raise its price. Maybe there are some new investors who buy bitcoin when the bitcoin price dropped to $5k and I think that's why the bitcoin is recovered again. But we don’t know how bitcoin in the future can rise higher or even fall again like a few days ago.
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It’s natural if Jack Ma said that because he didn’t follow and have Bitcoin, he said it himself that he just warned of the potential bubble. If you look at the price chart, you should be understand why the price can move. See what news affects it, don’t just simply judge that price chart because it just makes you look stupid here.
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Dare doesn’t mean careless, also have to consider the risk. It’s our asset which is a very valuable thing, if the asset used carelessly then your life and also your family is on the verge of destruction, only matter of time when you will slip.
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If the big ETH is far behind, how about the other altcoins, even Ripple was rumored to replace the position of ETH & BTC still cannot match the ETH market cap. Maybe someday, but not next year for other coins price to be close to Bitcoin’s price, for now the growth of crypto market will boost the growth of Bitcoin’s price, vice versa.
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It is not clear how long the bear market will last. I think there are too many ICO's in the market now, and they occupy a lot of capital. If these air projects are not eliminated, it will be hard for the market to grow significantly. I expect the bear market to end in three months.
I think the ICO is not an obstacle for the growth of Bitcoin even so there are more advantages for Bitcoin, especially if their investment meet the success point, they’ll definitely buy Bitcoin again or follow ICO again which is good for Bitcoin circulation.
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No, if so, the price of 'substitute' coin will move in an opposite way or no effect at all but in fact a bit more Bitcoin giving a permanent impact and this indicates that Bitcoin still has its own influence and charm. I read, 80% of the coins being dumped now are from long term holders, they want OUT!
There are more sellers but who will buy or mine Bitcoin at such high prices
Source? Trust me, eh?
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If you trade a rare item or become a caster maybe you can earn money from that non-competitive game but that if they promised the money from thin air, it indicates that they are a scammer. Even if you are mining with your pc, it’s only a waste of electricity unless there is a miracle that the token’s price is increased, that’s if they release a token.
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Nothing can last forever, especially in technology and the flow of change is very fast nowadays. Probably not now but maybe someday Bitcoin's throne will be replaced by altcoin, surely the coin should be very superior in technology and security sector to be able to overthrow Bitcoin.
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Perhaps the price decrease will last for a while and I think a lot of people have sold it because of panic seeing the price continues to decrease slowly. It will be a little difficult to answer when the price will rise or even go downhill again. Because predicting it is very difficult no one can predict precisely.
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Yes it’s true, coins that have been lost or can’t be recovered will reduce the amount of the provided coins. But recovering the coins that have been lost will require a very long time if the miners are less. And in the end the coin will disappear slowly and maybe the stock will gone.
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Bitcoin becomes an asset, bitcoin becomes an investment and bitcoin becomes currency for transaction all depends every person. Each person has the right and thought to use in bitcoin. We will never know what the state government (South Korea) think so we wait for the next news to make sure whether it’s good or bad for bitcoin.
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