From my point of view, so many reasons boost the price of Bitcoin, like the adoption, the increasing number of user cases, the maturity of its principle.
Yes that's true, the volume of bitcoin is depend on the user who save in their wallet. Well, the pumping and dumping happened when bitcoin user buy and sell the bitcoin. If you observe from small population of bitcoin in previous year and from now with popularity of bitcoin in our society, the price is so huge and continuously increase and increase. |
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Yes, since the fork has begun and the distribution of BTG would be 24 hrs from now. Be more extra careful on your BTG or they might take it away from you, intentionally.
It seems that when a new coin or when bitcoin is at hype, hackers become more eager. It seems like that times like this motivates them to find a way or ways so that they can do their thing. With the news of BTG fork, this will be their opportunity to perform any attack therefore everyone must be careful and must not feel that complacent about the safety of their wallets. We don't know if one of the wallets that they will target is one of hours. Be careful at times like this and don't get attractivene easily with offers over the site. |
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Money management is one of the best thing that everybody should learned because that will become the key for them to succeed in life because if you know how to manage your money then you already know what to do for your future earnings and so on and so forth. Money is the most important thing in this world so we should master budgeting it.
Umm…it is very important for sure because a lot of the people are earning from a lot of the sites and they want to invest but they are not having the right and the proper place to invest for you. I use to manage my budget and I look at my possible income to invest then I invest my money for the good purpose, as you said it is very important to managethen it istrue indeed. Right, money management is very important in this industry because if you are not able to manage well your money, there is a chance that you are not going to prosper your earnings too. Managing your financial assets is very effective in making sure that you and your family will have a good future. I also think that being able to manage well the money is the secret of millionaires. |
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Today the bitcoin price is coming down so holding your bitcoins is a good idea.
Yes it is the perfect time for you to still hold your bitcoin because as you can see now price is increasing. I can say that bitcoin is really unstoppable no matter what is happenning. So just hold and be a millionaire. I also think that it is a good idea to hold bitcoins at this time because the price is continuously increasing. I don't need money at this time also and that is why I chose to hold my bitcoin as longer as I can because I believe that the price will get higher after few months. I have been waiting for this opportunity so that I will be able to do something that I have been wanting to. |
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Originally bitcoin was supposed to be a currency that will change the way we use money online, a faster way to make transactions and a safe system that will prevent hacking bank accounts, we all were ok with this idea, but since the bitcoin had a limited source and since people were mining it like crazy, it got harder to mine and thus required more hardware and more power which made its price increase, all of this lead to people comparing it to gold collecting it and saving it, and with this bitcoin has shifted from being just a cryptocurrency to becoming a revolutionary assets that made everyone rush into investing in it, and by this the world is stating to relive the 1849 gold rush but in the digital form.
Bitcoin is both digital currency and an asset. Bitcoin was originally invented as a peer to peer electronic currency. Due to the high demand of bitcoin, the value of bitcoin started growing in an exponential rate and before you know people everywhere in the world started buying bitcoins as an asset to sell later for profits when the value increases. Bitcoin is getting more popular everyday because people are buying bitcoins and selling for profits a very good one, indeed! Right, bitcoin can be both an asset and a currency. Even if many people or the government do not consider it as a regular currency still bitcoin is useful as a digital currency. Bitcoin will be more useful in the future and I think that if many people decided to invest in bitcoin, it will be bigger surpassing its value as a crypto and as an asset used for investments. |
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I'm not sure where OP comes from, but from my experience most people don't see gambling as a problem. I don't think that many people do it, but I don't think you'll be judged when you tell people that you gamble a bit.
Of course, when you tell your family about it, they also need to know that you know your limits, and that it isn't a problem for you.
I can relate with OP. Gambling is also illegal here in our country but you can still see many people playing it. People will also judge you if they found out that you are a gambler. Here, people see all gamblers as the dangerous addicted gambler they think that all gamblers are the same which is very wrong. Not all gamblers play for profit just like me. Anyways, to make gambling as an accepted recreational activity will be like finding a good way to delete the bad image of gambling here in our country. It will be hard since many people are very close minded here. |
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Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
Crypto currency is high risk investment. Don´t put all your savings in it. You will regret it. If things dip hard you will find yourself loosing your sleep over it. Has for diversifying thats a good idea. Putting all of your savings into investment is very risky. We know how dangerous it is because of the volatility of the coins. In addition, we are also not certain that the investment will be successful. It will be better if you will just a portion of your money in investing. In this way, if ever the investment is not successful or if the investments was stolen by the one who is managing, you will still have money left. |
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Many gamblers know that they can't win money from gambling but they keep on gamble again and again but not with a small amount. Some people even borrow money from others to gamble. That means they never learn from their past gambling mistakes.
Are you doing this kind of gambling mistake?
I am definitely agreed on what you just said. As a gambler in the in the gambling, it is normal in the gambling world that most of the their players encountered lose most of the time, and being win was very seldom to happen for us. So I realized to stop it, because its just a waste of time only. I agree with you. Sometimes, I play gambling games especially poker even if have so many projects or things to do. I remember forgetting that there are announced quiz that will be given for that day and I played poker the whole night. I failed my two quizzes and I regret it. But I learned from that mistake already and I won't do it again. I have notes for any school requirements and I make sure that I check it to make sure that I won't be forgetting important things again. |
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This is a good news for bitcoin user as well as the bitcoin industry! I hope someday it will also happen in my country. Accepting bitcoin for payment in a physical store is such a huge move for the bitcoin world, it can attract some other countries to adapt to digital currency and will boost the economy of bitcoin.
Bitcoin needs to get mainstream and for this, it requires to get legalized by many governments of the world. It sounds good that Thailand has realized the true potential of bitcoin and favor its citizens by allowing them to deal in digital gold. This will change the financial status of people who live in that country. In my view, all those countries who will accept bitcoin at early stages like now will be more stable economically in the future. I agree with that. Investing in bitcoin today sounds and will serve as a preparation for the future. Technology keeps updating everyday and it is just right that we as the beneficiary of it is coping up with every changes and development. It is good that another country is trying to keep up with what is in trend and with what will be useful in the future. |
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I advice that that you give yourself a small break before you make any further mistake, by trying to win back the money that you have lost, you are going to loss an even huge amount and sure that you wouldn't want to go more in debt because you are always trying to win back the money you lost.
Most likely, by trying to win back what is already loss will only make it worst. Yes it is possible that he will even have a bigger problem like another big loss resulting to multiple debts. Another situation is that it is also possible for that person to be addicted in playing gambling which will sure make the problem, bigger and harder to solve. It will be better if after that big loss, he will not try to win it back to avoid making the problem more complicated. |
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If someone can buy the majority of the supply of bitcoin then it is possible to control the volatility because the volatility comes from the sudden changes in supply and if the supply can be controlled then even there will be a lot of demand in the market. The volatility will not occur unless the huge whale will sell some of the bitcoins to the buyers.
You have a point. If there is a change in the supply and demand, bitcoin is affected and it is possible that by controlling this the volatility of bitcoin will be controlled. But I don't think that it would be that easy because volatility is one of the main features o bitcoin and this had made bitcoin reach its price now. Volatility is what attracted investors and if someone is able to control it through supply and demand therefore bitcoin is no longer decentralized. |
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This is why I say, trading is actually gambling. You cant predict a coin's future by just seeing its team or the value. Lots of factors comes into the picture when you say unpredictable.
Yes, trading can be a gamble too. But, you are only gambling in trading if you really don't know what you are doing and you just trade anything at random hoping that you will earn big. However, if you trade out of careful research and bankroll management, you will have more chances of having winning trades versus losing trades. Yeah trading is very unpredictable and very risky. There are people who would start at trading without knowing the basic things about trading. They are so eager to earn that they often forgot how risky it is. They even missed out on things that can be very important to understand how trading works. |
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You can invest in some altcoins, but I don't agree with investing all your bitcoin, you should consider all prospects, bitcoin might go down after the fork, but some altcoins aren't guaranteed to rise up.
I agree with your point of view. That is true, there's no guarantee that the altcoins will rise up after the hard fork. For me, better to do some trading after the hard fork and i will just hold my BTC to secure my investment. I agree with that. With the upcoming fork, the price of bitcoin is still going up but of course it is not guaranteed that after the fork, the price is still the same. There is a possibility that the price will go down due to panic selling. Anyways, the previous fork had made the price go higher. Let us just hope that the effect of the fork is not that bad. My advice on the upcoming fork, it is your choice to hold or to sell but keep yourself updated on the announcements, news and etc. about the fork. |
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Holders get more profits because of the panic sell, actually bitcoin has proven it from a similar incident like this, where there was a decrease and then bitcoin prices rose higher, I think this is a familiar thing.
In my opinion, there is nothing more profitable than that of holding your bitcoins in the world of crypto currency. The only thing you need to have is to learn how to control your nerves and remain patient. Patience is the only key if you want to earn a good amount of profit not only in case of holding but in other case as well. If you will lose control your nerves and will go for panic selling, then you will get nothing but loss. Still, we can't force other people to hold their bitcoins. We do not know the real reason or their motives for selling and we only assumed that they are just panic selling. Anyways I am also getting attractive to sell my coins because the price is really high and that I can buy what I want to buy but then I remember that there is a fork coming. The fork might result to higher market price so I will hold my coins for now. |
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Also spread all your bitcoins in multiple adresses and wallets with different private keys because hackers are not going to target wallets with low amount of bitcoins.
Multiple wallets won't necessarily result in better overall security. If you make sure that your coins are properly stored, preferably in a hardware wallet, then nothing will happen. As long as you take care of your recovery/mnemonic seed(s), you'll always be able to access your coins, even if your hardware wallet corrupts/breaks. And why do you think hackers won't target 'low' amounts of Bitcoins? As long as it isn't dust, then it will be more than worthwhile for them. Don't forget that when wallet files aren't secured, it cost no effort to access the private keys stored inside.  Using a hardware wallet is highly recommended because it gives high security to the coins. Ever since I started here, I use online wallet but when there is a problem in that certain wallet I was force to use a hardware wallet. It was recommended to me by a friend. Also, I do not keep all of my bitcoins in a single wallet to avoid hackers who might be spoofing and looking for victims. |
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the thing here is that Bitcoin is like gold, and like gold it has to pass through fire to become what it is today, so Bitcoin is the fire purging the whole crypto space, at the moment i think no other currency in the world can shake the price, remember that alot of people are seeing what Bitcoin could be in the future... at the moment i think Bitcoin could only drop to maximum of 4500$ and head straight to 8000$
I also expect that to happen. Maybe a dip will happen after the fork to shake off the market before another trend will be formed. Consequently , I don't expect that new trend to keep seeing bitcoin diving downwards. This is because users have realised that bitcoin has a great capacity to come back to bullish over time and so many would still hold in there wallet to expect further growth. This will help bitcoin. Right, bitcoin will be like that. It won't be beaten that easy by a new coin and we know that bitcoin has surpasses many things and have proven already how strong it is as the most popular and most in demand virtual currency. Many people are getting interested in bitcoin now and if ever the fork results to a big dump, I hope for bitcoin to recover immediately. |
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That is the toughest call one can make as its really not possible to predict a price it can't cross as the circulation and supply is limited and the demand is currently increasing at a good speed. Who knew that BTC would come this far when it was created, and moreover the value can't stay at a fixed price, even if it goes down it will be up again, so when will it stop increasing is a baseless question.
At the moment it seems it will reach 100k, though it will take time.
No one will ever predict the end of the bitcoin's price. The line in the chart is more on going up and I think that it will go higher in the future. We all know that no one owns bitcoin and no one can tell when will the production of it will stop. What we can do is to continue earning it, to take advantage of any dump and to enjoy every pump in the price. If ever bitcoin die I am sure that there will be a huge effect especially now that many people are gaining knowledge about it. |
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for now you can sell it because the time ahead bitcoin price will be more expensive again
There is no point of selling your bitcoin when you are well aware of this thing that the market price of bitcoin will for sure increase in the coming days. As far as trading dilemma is concerned, I think that the worst thing which is ending the carriers of most of the traders is that they jump into the world of trading without having any good knowledge about trading and the things related to trading which results them huge loss. That is right, there are people who have just started in trading but acts and talks like they have been trading for years. I won't wonder if they will suffer a huge loss in the future. Another thing is that some of them are very aggressive in wanting to earn profit. They have just started but is so eager to earn already and it is very annoying. Anyways, we should just pray for them. |
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Hope you didn't put money on that site. As of writing I did try to access the site and this message shows me "This website is temporarily unavailable, please try again later. " They are already showing their colors and sad for those greedy persons who did invest on that Ponzi scheme scam site. All online things that do offer good returns on a short period of time is a scam. So stay away on these kind of sites if you don't like to lose up money.
There will be many Ponzi schemes going out online especially now that bitcoin is gaining popularity. My cousin told me about this site and I told him to be careful because ir might be scam. He is so brighten up with the idea of bitcoin investing and I am afraid that with his age he won't be able to handle it. Anyways, it will be better if we check first the whereabouts of the site that we will be investing. |
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For people who say such things may not mean their intent is that bitcoin is really dead, but it's possible that sometimes their predicted price on btc are not as expected and bitcoin price are falling in sustainable, and they think btc may not have a future the good one. But the fact is very contrary to the reality, btc continues to show its strength and the value has been proven lead to heights and even more popular among many people.
I agree with that, the market price of bitcoin may sometimes suddenly go down but this is just beceause of its volatility. If we will observe closely, the price continue to go up and I believe that it will continue to rise because other countries will get interested to it. Another thing is about the fork and the segwit coming, a huge fork had happened few months ago and after the big dump, bitcoin climbs up again surpassing the highest price it had before. This just shows how big the possibility is that bitcoin will not just die that easy. |
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