This question is especially for those who have been into crypto for a long time. How did cryptocurrency help you, most specifically financially? Did you earn more? Gain more investment? I do have a friend who wants to get into crypto but he does not have a lot of savings in his bank account or any major investment. I told him to save more before getting into crypto because they still have mortgage and car loan to pay. Do you think crypto will help him out to?
For me crypto have helped me very much. Since I engaged in this business a lot of good things happen to me. In my financial stability bitcoin has many chance given, there are times when I need money the most for my kids obligation in school, I withdrew my earnings from bitcoins. I will never stop believing fro bitcoins because it gives me food and shelter for my family. |
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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 ?
Bitcoin price for now is low. This is the best time to buy for more bitcoins and hold until the price is mooning. Bitcoin is predicting to rise again on its price this coming ber months. I hope and I believe that this is true. How lucky for those who bought and hold their bitcoin for they can have huge profit in the future. Nobody knows the end of bitcoin. For me it will have no end while there are still promoting projects about new coins bitcoins will not disappear. |
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Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation. The price of gold is determined by the cost in human labor to mine it. It can then be exchanged for another commodity which takes an equal amount of labor to create it.
Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me. I can then buy and sell based on what I determine as value at any time.
I’m not a currency speculator but I also believe the US dollar is being killed. I don’t like having much of a cash position but would rather be fully invested. At this time what I see is a highly inflated value of the S&P 500. Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.
After many years I have developed a feel or intuition to tell me when prices are out of line. When it comes to bitcoin I am at a loss. I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue. I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent. It seem that it should be relatively close in value to the cost incurred by the bitcoin miners. How do I find out what the current cost is to mine bitcoins. It cost to mine a well know number kind of like the PE for a stork or index?
I have started to buy small amounts which I plan to hold but I really don’t like the volatility. It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value. I doubt I would hold if bitcoin went over 5000. It seems to be moving a bit too fast.
AS for today the value of bitcoin is quiet low and I guess this is the best time for investors to buy for more bitcoin. Bitcoin for me will be increasing this coming months and how lucky for those who have hold bitcoins in their wallet for they will have huge profit soon. |
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I have seen many threads talking about should I sell now or wait till BTC moons. When I see these threads I marvel and move on to check on different topics or threads because I know the person doesn't know what he is talking about. Diving more into cryptocurrencies, when you sell now it means you are a coward and don't even know the kind of cryptocurrency you are dealing with. One thing is that, its really kinda pity to see those topics raised. I have set a goal and until that goal is not, I will never sell BTC and that's me.I want ask that is it because those selling the coin are newbies and are afraid of loosing some small $s or they haven't read much about bitcoin or the cryptocurrencies or they have low knowledge about the blockchain technology?
In my case I sell my bitcoins because I really need the money for the school obligations of my kids. Each of us has its own reason why we sold our bitcoins at low price instead of holding it in order to have good profit when the price hits in the market. For me some sell their bitcoins because they are afraid that the price will go down and down and then they will lose their money invested on it while some needed the money so they force to sell their bitcoin. |
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Forecasts for bitcoin in 2018 are rather ambiguous. On one hand, some analysts predict gloomy future due to the current unstable situation.
On the other hand, optimists predict bitcoin a rapid increase in quotations, which must exceed its maximum threshold next year in the history of the existence of cryptology.
Although Bitcoin is still in a state of uncertainty. So many of you were wondering what to invest. Therefore, I had the idea to write a several alternatives for investing.
1. Bonds
A good alternative to deposits is bonds. The plus of this instrument is the absence of taxation. And from the same deposits, the tax on income of natural persons in the amount of 18%. But the percentage is different in different countries.
2.Gold
Investments in precious metals should be considered with a sight for 3-5 years.
Silver and gold are traditionally considered to be a long-term instrument to protect you against inflation. They are also interesting because, in 2018, the growth of the cost of precious metals can reach 10-20% in the world. And this gives the possibility of additional income. Therefore, you can invest up to 20% of savings, for example, invest monety / ingots or look at the so-called gold deposits.
3.Real estate
To invest in real estate is required neatly. You can choose an attractive option for a long time in the secondary market as well.True, it must be remembered that investment in real estate pays off for a long time - 10-20 years. And in the case of force majeure, housing will not be sold quickly .
4.Bitcoin: Interesting, but risky
In cryptology you need to invest carefully.The market is speculative, can sharply grow and fall. In 2017, bitcoin cost about 19,000 dollars, now - about 8 thousand dollars. Intraday fluctuations of the Crypto-currency may be 25%. You need to have iron nerves to withstand the jumps, because you can lose everything.At the same time, how much will Bitkoin cost at the end of 2018, it is unknown, because all bold forecasts have come true. But one should not think that cryptography is a costly investment.
Therefore, the choice is up to you as always.
For me all investments are risky because we are not pretty sure what the future might be with our investments. So I will choose to invest in cryptocurrency since here in this crypto business, helps me in my financial problem and I have no capital for my other business here because there is bounty campaigns that made me earned a lot. But if I have money I will invest coins that has good potential in the future, I am a risk taker and I know the money I invested is what I can afford to lose so nothing to worry. |
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To some,100-unit of bitcoin sounds like a big investment. To some,its a small investment.4 years ago, buying 100-unit of bitcoin was a small thing,but today is a huge investment and it's going to be higher in years to come. Below are some arguments on how one can start with nothing especially in cryto or digital currency system.
#1:Being born poor and financially uneducated does not mean you cannot become rich.very few people are born rich enough to buy 100-unit of bitcoin today. And no one is born smart enough to acquire, finance and manage 100-unit bitcoin by themselves. In other words, not having any money or financial education isn't an excuse not to get started. Yet billions of people let the problem of not having money or enough education stop them from becoming rich. They fail to make the first step. And if they do take the first step and then fail, make a mistake, lose money, or run into problems, many quit. That is why for billions of people, a 100-unit of bitcoin will always seem like a big investment or project bigger than their dreams.
#2: Start small and take baby steps : last year, my first investment in bitcoin was a $100.i was extremely nervous when took the first step.the investment grew up to $300-400 in a month, which I eventually lost all. But I didn't quit. After the lost, my eye opened to the entire blockchain system.i then realized that Bitcoin was not the only cryptocurrency in existence.i started with nothing as a bounty hunter and developed my I.Q on digital currency. Today I am a proud owner of some reasonable crypto. I strongly believe in the power of mind. Our Minds are our most important form of leverage.
#3: Dream Big: Most of us know that a child must be allowed to dream. Thesame is true for adults. Our dreams keeps us rich, young, and fun. Investment and projects keeps us learning and growing instead of living below our means, we dream big, learn, and invest carefully in order to go beyond our means.
In conclusion, Today even in the richest country in the world, millions of educated, hardworking people are earning less even if they are paid more.
To make matters worse, because of a market crash, millions of educated, hardworking people think that investing is risky and to attain higher returns means you have to take on greater risks. There are only a few people who know that the key to leverage is Control, and the key to control is financial intelligence.
The good news is that the higher your financial intelligence, the more money you make without needing money. In this new capitalism, it is truly possible to make money for nothing.
In my case I have joined bitcoin with nothing because I have no money for capital on bitcoin investment and since I was in this forum I started to have capital for investment because I have earned bitcoin in my bounty campaigns. I am happy to share that bitcoin has helped me very much in my financial needs and makes me financially free. |
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Hello everyone!
We all know that the situation with market is not that good as we want it to be. Thus it affects a lot of ICO projects. On the one hand people don't invest in coin so much money as they did last year. On the other bounty hunters sell tokens fast and the price goes very low. That is why some projects prefer list their token on Idex first. They want to see how a coin plays on market.
And what investors should do in such situation? Sell all they have for small money or wait until a token will go up?
I'm asking as a person working in such project. After ICO token price went down (KCY, I'm sure you heard of it). And It is interesting to know investor's opinion about such situation.
What is your idea?
Yes token price are going down, almost all of them. For me this is the right time to buy for valuable token and has good potential in the future. I will sell my tokens unless I found out it has no value anymore in the market. I have many tokens in my mew but a lot of them have no value yet and I do not know if this can be sold in the future. I am hoping this is valuable so I can earn. |
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Ethereum Will the Next Bitcoin? - Through the year 2017, the value of bitcoin digital currencies go up to touch the highest level in history. However, bitcoin is not the only digital currencies whose value is streaked.
Ethereum is the second largest digital currencies after bitcoin. Until December 25, 2017 and then, according to CoinMarketCap data, the highest value reached a record ethereum, i.e. 850 us dollars with market capitalization reached 82 billion us dollars.
Digital currency investor Oliver Isaacs believes that it will be the same successful ethereum and his favor as bitcoin. According to the data of the Coindesk on Thursday (28/12/2017), the value of bitcoin perched at the level of $15,296.
Isaacs is a graduate of the London School of Economics, United Kingdom. He describes himself as a businessman and investor, which digital currencies gain 10,000 percent of investments in currencies over the last few years.
Early in the year 2017, Isaacs bought ethereum costing only 14 us dollars per coin or approximately USD 189,000. As for the current investment ethereum assets worth more than 300 us dollars, the equivalent of around Rp 4 million.
Isaacs mentions, the current market leader is clearly a bitcoin in terms of value per coin. In addition, bitcoin is also a digital currencies are best known and most widely used.
However, the ethereum predicted will have the best long-term potential compared to other currencies, because of his versatility and intelligent,
According to Isaacs, his chosen currencies as investment instruments is that provide value or usefulness, its application in everyday life in the future, and have a solid growth. So, he chose a digital currency whose value is not too high and not yet widely known.
Of course ETH is the next to bitcoin. It has many features that investors would be like to invest. Bitcoin of course is the best because it is the first coin that introduce in the market of crypto. Bitcoin has already bullish now and has high amount compare to ETH so for me I better buy ETH and hold because it has lower price compare to bitcoins. |
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