"What if hedge funds buy bitcoin as an investment?" "What if investors use bitcoin as a store of value?" "What if bitcoin is used primarily as a currency?" Bitcoin is not yet used primarly as a currency, and not much investors use bitcoin as a store of value. But in the actual market, the exchange boost the bitcoin price to the moon with new records every day. What's next with this crypto madness? Can we still discuss bitcoin as a Bubble?
Share your ideas about Bitcoin in the actual Market.
Bitcoin is not a Currency, so I don’t see any reason we should consider and use it as such. But as for using it as a store of value, I can agree with that. It’s already an investment, so I consider it as such and invests regularly to make profit. It has reached the price rate of $9,915 as of now, I can still call it $10,000. I believe the next rate is $15000 before the end of December.
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I also tried to become a trader for the first time I was successful and I earned 30%, but the following became very difficult because of the bitcoin's high price I could not afford to buy a bitcoin so I was I decide to level up my rank first so i can apply to a signature campaign to get a bitcoin and like you i leave my bitcoin with a pro. trader.
I think so that in trading, you never lose. Either you earn a good amount of profit or you learn some great experience which can help you in making better decisions in the days to come. The thing is trading is really a good thing to do but if you are suffering again and again, then it is better to leave trading. Holding is also a good option but for that you really need to remain patient.
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Of course, given the development of bitcoin better known among the people, surely there are some people who will open or have opened an online store that accepts BTC payments on the internet, but may still be available in certain countries. In the country where I live not yet available an online store that provides BTC payments, but can only purchase electric pulses, electric tokens, internet pulses, electricity / water bills, and voucher games, which BTC can buying directly via the "TRIV" website.
I once searched through payment method site as someone suggested, and I came across lots of sites that accepts Bitcoin, about 43 of them (I believe) and they were all genuine sites selling electronics, cars and a lot more. Bitcoin is no doubt getting popular and popular with each passing day. This is really a good news to hear that there are online shopping stores which have started accepting bitcoin. The online shopping store about which I know are amazon and EBay. You can quite comfortably get anything which you want to have and later on you can pay the bill in the form of bitcoin. This is really helping the ones who are having bitcoins.
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Is there any Supermarket or Malls Accept Bitcoin near you ?
No. I think it's too early to think for that because bitcoin is not tackled up until now in major events or in our government. Only a few people know bitcoin in us and I think a few years more before I can see our malls in the urban area accepting bitcoin or other cryptos. There is only 1% population of the entire world who actually knows about bitcoin. Moreover, this is just the beginning of an era of bitcoin. I don’t think so that at the very present moment, there is any kind of supermarket which is accepting bitcoin anywhere in the world. But you can expect lot of good things to happen in the near future. Bitcoin will for sure make a good name in the future. It is very good news and especially for those people where these markets exists, because it is easy for them to use their bitcoin as their regular currency and by this way gradually all the markets will start accepting bitcoin as their payments. I really appreciate this step from such supermarkets and hope that in the near future other supermarkets will also follow them for dealing in bitcoins. With the passage of time, the number of people who are knowing about bitcoin is increasing. This is actually helping in having more number of investors of bitcoin around the world. All these things are helping bitcoin in earning better reputation as well. In the near future, I am very much hopeful that there will be number of places including super markets which will give this facility of paying with bitcoin to their customers.
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I think buying altcoins is very worth buying for, because like bitcoin, altcoins can also improve well, and it will be worth buying altcoins more if we will buy the best altcoins were ever now, for example if we will buy ethereum right now in the future it will be more worth buying for.
In my opinion, if you really want to invest in altcoin, then at the very present moment, there is only one altcoin which is that much worthy to be bought and that is none other than that of ETH. ETH is gaining more and more reputation with each passing day and the number of investors are also increasing significantly. You need to buy it as early as possible as its price is increasing continuously.
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At present, Bitcoin price is so expensive. So, it is not the right time to buy Bitcoin.I also think the price is huge and it's increasing day by day.So,buying bitcoin,you should look when it's price is low.Then,that is the proper time to buy Bitcoin.
There are two things which really matters a lot in making this decision of when to buy bitcoins. The first thing is the market price of bitcoin and the second thing is the financial status of the person who is willing to buy bitcoin. If you are in a position to buy bitcoins and the market price of bitcoin is also low, then this is the prime time to go for buying of as many bitcoins as you actually can.
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Possible, yes. Thing is anything in society can "crash."
A a crash just might take the existing government alongside it, which mind you would be replaced by another which can be worse.
You can expect anything to happen in this world. As far as crashing of paper money is concerned, I don’t really think so that it is possible. It is because of the reason that there are number of people who are using paper money, In fact all of us are using paper money and that too since quite a long period of time. Paper money has its own reputation in this world and it will never crash.
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hmm, maybe you can buy etherum or xrp If you really want to buy any kind of altcoin, then you should definitely go for buying of ETH. It is because of the fact that the demand as well the price of ETH is significantly increasing. The only thing you need to take care of is that you have to go for it only when you are planning for day trading. Otherwise, it is not that much worthy to invest in ETH or any other altcoin which are there.
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Is there any reason why etherium is on the rise recently? Its already uped by 10%+
There are certain reasons which are resulting in increase in the market of ETH and that quite rapidly. The most important factor which is contributing a lot is the increasing demand of ETH in the international market. It is because of the reason that most of the investors are actually interested in day trading and short term investments now-a-days. For that purpose they find ETH to be the most appropriate choice.
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I had invested into some altcoins when bitcoin were at 6000 dollars, and since those period almost all altcoins went down, i had resisted to cut my losses and i had hold it for a while, i had ignored altcoin value and follow bitcoin, since i knew altcoins would recover once price fall a bit. But i know is very hard to control emotion when you are playing with money and you are loosing as well winning, because our greedy make us take a risk we wouldnt take if were into similiar value into loss.
Depending on the coin one is holding, it is really hard to control some emotions but it is always best to know the best decisions to make because that is what matters. My decision was totally different from the one you made and obviously better. After studying the market and I noticed there is going to be a huge dump at the long run since it was expected, I sold at loss and waited for a very long moment for the dumps to reduce and then I bought again. Now, I am counting my huge profits than the few losses I made and still expecting even more from the pumps. It is always good to have a strategy which would always help you to make the right decision than being emotional. Agreed, In my opinion, controlling your emotions is just the game of your very own mind. You can do it and did is not a big deal actually. The only thing which you need to do is to make yourself understand this thing that there is nothing fruitful which you will get in return if you are going to make decisions and that too at the when you are not having control over your emotions. This is the thing which you need to learn first before stepping into bitcoin.
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As a creative digital agency focused on Bitcoin, Bitcoin Marketers is a partner who will help you to discover and connect to new customers.
Agreed, Internet market is indeed the best way of promoting the things and that too at time when almost every one of us is fond of using internet on daily basis. There is no point of denying this fact too that it is not at all an easy thing to learn and do internet marketing. It really requires you to put in the best of your efforts. Only then you’ll be able to get something good in return.
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I think it's better to hold your bitcoin than trading because your bitcoin can beat, But by bitcoin buying is steady and you're just waiting for the price to rise.
Trading and bitcoin, both are entirely different kind of concepts and there is nothing in common in between both of them. Trading is little more complex as well as risky thing to do as compared to that of bitcoin. The amount of profit which you’ll get by investing in either of them greatly depends on your skillset as well as the amount of knowledge you are having. Go for the option which suits you the most.
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Paper cash is going to be eliminated quickly or later on,credit and debit credit cards as bitcoin will change and become the primary method to moove your hard earned money ,soo they can begin an coutdown,as governements see the things they can help to save stop printing the coins ,but with printed cash they are able to control the flux of the forex.
more people tends to depend more on cards or digital ways of payme.t other than having caah, soon only few people will use it as their main source of transactions since innovation were already happening now. There is no one out of us who can tell exactly what is going to happen in the coming t=years. In my opinion, paper money will remain there in this world and it will not be like totally eliminated from this world. People will be using paper money for their daily use but the use of paper money will become very much less. Digital currencies will replace paper money but paper money will also have its existence.
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Teach them first on how to save money and the basics of trading in a fun way. Honestly I learned how to trade at early age because of computers game that has a trading game feature which unconsciously adapted to my mind. Kids will easily learn as long as it is activity based and you gamified concept.
Teaching the kids about bitcoin and that too in such an early ages of their lives is not a good thing. In my opinion, bitcoin is something difficult to understand and that too at such age. We can actually tell our kids about bitcoin but that too very little. We can tell them further details later on when they will be mature enough to understand the things in a better way. This will help them more.
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Emotions emotions emotions! Impossible to get rid of them... maximum you can do is to learn to control them. Sometime I make the same mistake even though i'm not a novice trader. But i'm still working on myself My advice (what's working for me).... write your set of trading rules on a piece of paper and stick it somewhere in front of you!!! Sounds stupid, but works. At a minimum you should three things. 1. where you will fix your profit (i'd say the profit potential should be at least twice as big as the loss you are willing to tolerate). 2. where you will fix your loss (do not less losses run). 3. reason for entering a trade (make sure the reason is not an emotional factor). ... and stick to your piece of paper!!! When you have experience more than one year then this emotion kind of thing don’t bother investor and still you are new that’s why you are facing these panicking problem and soon as you will become more confident this habit will leave you just stick to your strategy and have faith in bitcoin that it will not let you down and all the dreams will come true and try to buy at low and sell at high this will give you more profit. The thing is if you are having this habit of buying the bitcoins at higher price and then selling them at lower market price, then I am afraid that you will soon end up having a huge amount of loss. If you really to make something good out of the money which you invested, then you have to go other way round. You need to be smart enough so that you may be able to make right decision at the very right time.
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Saving money in bitcoin is more and more effective then conserving it in bank or in your house because if we have seen the past good reputation for bitcoin then the bitcoin rates are growing day by day due to which if you can reduce your cost now then as time passes you will get enough more income than your saving amount.
Exactly! Dividing your salary is really a very important thing and you actually need to be very much careful as you have to divide your salary in way that you may be able to allocate some good amount of money for all the things. You need to list down all you needs and then you have to decide in a way so that you may be able to have some money not only for investment but also for saving for future needs as well.
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Amazing, now bitcoin continues to be hot news in various media, even several times Bloomberg tv fills the show with successful people from bitcoin. things they do is mining, and buy bitcoins when the price is cheap.
There are number of people around all of us who are very much satisfied with their investment which they have made in bitcoin. It is because of the reason that bitcoin is helping them in earning of much more amount of profit, in fact much more than you can even think of. The investors who are investing in bitcoin are getting rich with each passing moment and they are very much happy with it.
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No, never. It is so impossible that Bitcoin Gold value will arise as a bitcoin value, because bitcoin gold is just an altcoin that cannot arise up to bitcoin rate level. I am not discriminating it but it is the reality. But if ever altcoins can overcome the value of the bitcoin, then that would be great to all of us. That means we can be richer. Although bitcoin and bitcoin gold are creation of the same forum but I don’t think so that bitcoin gold will overcome bitcoin in respect of price because we have seen bitcoin cash in past which has not gotten much popularity in the market as well as we are seeing bitcoin with much growing price. Bitcoin is a potential power for bitcoin stakeholders. I think eventually bitcoin gold will be just bitcoin cash which has not gotten popularity in the market till to date.
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Holding, investing- thats what I prefer. I do day trading just for fun from time to time.
That is interesting. I do not that anyone will never do trading for fun. I think trading is a serious profession and we adopt that profession for earning livelihood. In fact trading is a profitable profession from where one can earn a good amount of money that may not be possible from any other profession. But trading is not so easy and a number of factors can affect the trading result.
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Just his opinion about bitcoin but i dont think that will happen, fiat is something that can't be replaced cause of it's history. Things that you are using daily and it's need much time to change it. So if this happen , i think the next 100 years maybe ? Even in the next 100 years, I do not see it happening. Over time, technology may evolve, older folks get bounced, more of the new folks who are more technologically oriented move in to the scene and we may see the lesser use for paper currency but that does not mean that government controlled fiats would not always still be in existence and bitcoin can and will never be an alternative.
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