I think it is a good idea and crazy, you will be crazy if lost and if you get for you will be more crazy
This is called thinking of holding a diverse portfolio. It is a good idea to enter the business but not with your entire savings. You must have the money for transaction, speculation and precautionary purposes. This guides you to allocate a specific part of your saving for the investment only. The autonomous consumption concept must be kept in mind while making the investment decisions. |
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A big disadvantage is that it is not tied to any commodity. It's value is only realized by its utility, which is the cause for volatility. The amount of energy it takes to produce does not mean it has that much money's worth of value. But it is very useful and the more use it sees then the higher the market cap will need to be to facilitate all the transactions due to it's 21 million coin limit.
Besides all these disadvantages, there is always a risk of unknown technical flaws. . According to the Stanford journal, since Bitcoin is fairly new technology, if they were accepted by every one, and a flaw was found, it could give huge amount of wealth to the exploiter at the cost of demolishing the BTC economy. Also there is no valuation guarantee because there is no central authority governing BTC. The decentralized aspect of BTC is both imprecation and blessing. |
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Bitcoin might not die. For anyone to use bitcoin will not die, even that will be developed. Besides, bitcoin has also been used through out the world, and in fact, very many positive comments, not of society, but from large investors as well.
it may not but it maybe. we cant say confidently that bitcoin cannot die because all things in life has also have an ending. im not not an anti bitcoin but i do believe in the saying that "there is no forever" , im afraid that bitcoin could end one day. what if bitcoin is actually a reall bubble? and all of us have been fooled since from the verry beginning? so much money will get lost if that happen. Thats why im now making a plan by slowly cashing out my gains if ever theres an oppurtunity. What else people expect from Bitcoin now? Those who are still not confidant about Bitcoin can surely leave investing in it but I am confidant that it will not take you long to come to it again with huge investments as people means investors are getting huge benefits from this valuable digital currency. We have seen that there have been fluctuations from the vary beginning but that is just for a little time and you can get profit when use your mind. |
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right . Currently I see bitcoin rising. But I think it will not increase much and then it goes down again. I think this market wants to recover at least it takes more than a month.
Bitcoin price is increasing now as we have noticed and seen that Bitcoin is also known by its fluctuation is price value. Sometimes it falls and sometimes jumps but it will not take longer. It will give you huge profit within a year if you buy and sell at right times. Rising of Bitcoin price will be more rising and no specific time is known for its price increase or decrease but when it starts then you can say it is increasing. |
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$50 is nothing if you are trying to buy bitcoin. Bitcoin has become very valuable. $50 of bitcoin in future might worth a lot but not at this present moment. You could buy good ICO with your fund and you might be lucky that your $50 might go 10x in value.
Bitcoin is the most expensive coin in the market and we all know that it has prices more in thousands of dollars and just 50 dollars is little odd amount to invest into bitcoin. Well, you have given a nice suggestion to him about going for some potential ICO in order to let your investment increase in value. In this way, you would be able to become bitcoiner in the coming months. Just think about the increasing your 50 dollars. |
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a good way for beginners to earn without risk is generosity campaigns there you just spend a little of your time, and investments are always accompanied by risk
Totally agreed with your point of view but adding one thing is to start research on Bitcoin; what is Bitcoin and structure uses and advantages of Bitcoin. To invest and get profit by following the principles. For all these necessary information starts research and learns how to invest. You can start campaigns and enter in this business is necessary for your future. |
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Yes I also think that ETC is next to BTC because as of now ETH shows a good price compare to other cryptos but all I can say is that ETC is only next to BTC but it will never pass the huge value of BTC.
There is no doubt. Definitely bitcoins are the first curtcurrency and all such altcoins just came after them. There are hundreds and even more altcoins in international market right now but only ETH have that nerve to come forward. Bitcoins are absolutely the king of this world. They are going with amazing fame and popularity that can never be surpassed by ETH who are just newcomers. |
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Day-trading is very risky, so you shouldn't rush to it. At first, gain sufficient knowledge and experience then you can do day-trading.
Everything is risky and difficult but that all depends on your skills that how better you handle them. If someone is interested to get profit daily so yes day trading would be best option for you then. Keep in mind that this requires a little bunchy knowledge and hard efforts to put in the game on daily basis. Like calculating profits and losses at every 10 minutes and keep on observing which time is suitable for buying and selling. |
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A hard hit may not be a bad thing, stopping the irrational game in time to really save bitcoin. It would be a real disaster if bitcoin were allowed to become a highly speculative target.
I think the price reduction is a good thing. What do you think?
yeah it os not a bad thing for me it is only a chllenge then it will be back to normal ina couple of days weeks or months so dont give up easily It’s a challenge plus a big chance for you to make big money. If you have got enough money in your account that you can’t buy maximum portion of bitcoins, go for it. Without any delay you should avail this opportunity and seek best of earning points for you. Hold these coins until the prices get back. Only then sell them and earn biggest profits of the time. It requires time but that is okay. |
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According to my assumption that keeping Bitcoin can be something good, Bitcoin's charts move much faster,If you are a more technical expert analyst then you can do daily trading...
Anyone can say good bitcoin but they can not pick the best time to buy bitcoin. I can tell that bitcoin has a good future, but to guess its lowest price is a very difficult job. It takes a lot of time to update the news and evaluate its price. I'm wondering about that. Can you share your experience for me? I think he can use the right time to buy bitcoin in a few hours ago because I see the price is on the bottom and now the price start to increase back. I am not sure this will stay like this but I still wait for what will happen in the market and I hope that people will stay calm to face the worst situation. and now, the price trying to increase more than $7k and I hope that the price will get up high for more so people can sell their bitcoin to make a profit. Trading is no doubt far more beneficial thing to do and that it can help you in making of a huge amount of money as well without any delay but still it involves a lot of risk as well and that you need to be very much careful while doing trade. Holding is also one of the best ways to do and that it can help you in making of more money but for that you must show little patience and that you need to keep on holding them for longer period. |
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The logic here is simple you just have to buy when it's low(red) and sell when it is high(green) but with such manipulation in almost everything is a bit agony to almost all traders but i think if you are a long-term trader it won't bother you anymore as long as you know what you are doing.
Buy low sell high isn't all that easy for the majority of the people. If we look at the peak levels, and the drop to $15,000 afterwards, people said it was a good time to buy, while it kept going down. Later $12,000 was the right moment to buy, then the $10,000 level. In some cases, especially if you don't know what the market will do, it's better to just wait till you feel comfortable to enter again. Some times people tend to force themselves to enter, and that's never a good way to invest, especially so because that will only contribute to more potential panic in case the market starts tanking. In a market as volatile as the one from Bitcoin, minimizing your risks as much as possible is the main aspect. In other words, don't invest with borrowed money (e.g. credit, leverage), don't over-invest, don't force yourself to invest, don't assume the price will keep going up, etc. I'm so agree with you , for ex bitcoin has gone down to 6700$ last night and has taken down a lot of altcoins with it! market bloody again! Don’t worry, things will be better for you even the situation is bloody. This is really beauty of Bitcoins that in either situation you can have chances to go for profit. Like in hard times, you may go for the buying scene and get Bitcoins as much as you can. But when things are quite better, just sell your coins as soon as your target profit is obtained. So let this bloody scenario be a healthy one for you. |
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Actually we already experienced it no need to mention but yes sad to say it is now in the dump situation where all of us are already lose pur profit  There is another side of coin as well. We have to be sharp minded when things are going against our plans. Once the prices are going down, and if you have luckily invested in Bitcoins already, you got best chance to buy more. You need to be profit oriented and for that you must be vigilant and wise enough to see your hidden profits. Rest, leave everything on the luck and skill. |
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This is one benefit of bitcoin. Payment is very easy, even better than debit or credit card payment. For card payment, you need to be physical and machine is needed but bitcoin is instant from either your smart phone or computer .
Main focus of the developing team is to make sure that things will become easy. There wouldn’t be any difficulty for the users to operate bitcoins. As you know, bitcoins users are from different corners of world where they have defend backgrounds and learning levels. So the system have been made so easy and user friendly that even a lay man can get into this field by simple learning and earn money. |
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Hopefully, it will continue to grow by this month. A lot of capital I've loss from the crash. If the bull run will continuously go up, I think I will sell half of my investment. I hope right now, we cherish every moments that cryptocurrency recovers from its downturn.
This is what i'm always saying about holding. Don't let your capital disappear during the downtrend while waiting for the market to recover. Sell your equities if you need to! It was just a few rebounds and it goes down again. Too much bearish trend we had and hope all of us has still patient left to keep your funds on a HOLD mode. After so long time, I saw this green word here in this forum. Else every time I just opened this forum, used to see that red market thing. Better it would be if we are going to make such big profits very soon. Things are still under process so we have to take extra measures. We mustn’t be losing our patience and have to wait until the possible highest amount rate can be achieved. |
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I have got no idea about stock, as I have not done any stock exchange trading. But crypto has got a very bright future. Although, the market situation is not good now, but it would remain so forever.
Though both are quite different markets but their working does resemble. The stocks are also bought by investors and they make profit when their shares increase in the market price wise. This market also fluctuates but not too much like the crypto market does. Well the capacity of generating huge profits is more of digital market, so it is preferred over stock market. People are comfortable more with former. |
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Today bitcoin is showing some positive progress hence we can expect altcoins to do green in coming days. Red was everywhere but not all the times thing will bounce back and we may see some altcoins will be breaking their previous ATH in coming days. I hope eth to test 4 digit price levels in this April month itself.
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A good rule to follow is never to invest more than what you would be willing to lose.
Agreed, you need to invest only that much amount of money in any kind of investment which you can afford to lose because you never know whether you are going to end up losing or gaining more money. I don’t really think so that there is any such reason because of which we can claim such kind of thing like that of disappearing of the bitcoin in the future. Bitcoin will remain there in this world and will keep on making us richer. |
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too risky if we sacrifice so much for cryptocurrency. home is a gathering place for families. but if you have other home assets and used to invest in crypto yes I do not think it's a problem
There is no such place where you can simply go and buy or sell your house by giving away your bitcoins as this trend is not common so far and that it will take some time for things to go in this way. If you really want to buy a house, then the first thing which you need to do is that you have to convert your bitcoins back into paper money by selling them and then you can use that money for the sake of buying house. |
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Trading requires a whole lot and having the basic knowledge about trading is of utmost importance and should not be overlooked. Trading without having any knowledge is like trading blindly and the only outcome you get, would be to incur losses upon your investment. So, you need to first equip yourself with the basics.
If you don’t have prior knowledge of cooking, and you think you are about to get into kitchen and when coming out, you will be having a delicious spaghett is in your plate, does it makes sense? No, likewise, you can’t have any good profit ratio or even profit itself if you don’t know how to use your coins. So it is immensely advised to keep yourself updated with what you are going to do. |
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It's a good news indeed, we need this type of news as this is some sort of motivation especially now that the market is bloody red. I believe prior to this there have been other celebrities that endorsed bitcoin. Some of them are:
1. 50 Cent (Rapper)
2. Nas
3. Richard Branson (Virgin Group founder)
4. Ashton Kutcher
5. Katy Perry
6. Floyd Mayweather
7. DJ Khaled
8. Mike Tyson
9. Jamie Foxx
You are totally missing the point. These celebrities are creating their own Alt coin and this is not helping Bitcoin when people are not investing their money into Bitcoin, but rather into these CelebCoins. This will fracture the Bitcoin user base and also decrease Bitcoin adoption. I think this is a bad idea and a FAD that will blow over in no time.  I'll one up you and say it is the stupidest idea that these celebrities could think of. They could make money in loads of ways but they are just literally using their name to get riches, makes me sick. Take Pablo Escobar brother for example, do you think Diet Bitcoin stands any chance of being real? I highly doubt it, and if I had to guess I would say it may be used to launder money. Same can't be said for the rest of the stars, but still down right disgusting behavior if you ask me. We always follow out celebrities. Many times we are buying many things in grocery store only for the reason that our beloved and likely celebrity have advertised them. Same psychology is being used here. Sometime many exchanges are taking celebrating in their ads and hence people are more orienting towards that coins and exchanges. This is really a fantastic step by these amazing people for an amazing coin. |
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