The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.
Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.
What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?
I also believe that we're lacking of financial education except to those who are interested on finance. I think schools are just doing right, yes it is good to teach students in their early age about financial aspect but I think we can learn it from home. We should not just focus on money, people are studying to earn money someday. Literature, maths, science that was mentioned are some that we should learn first. It's up to someone if they want to get educated about financial aspect. Agreed our children are our future so if we will teach them about bitcoin and the financial be ligation then they will get trained and will not suffer any problem in their future so it is good to tell all students about it, now many people are trusting bitcoin so they knows it will be good for their children as well. If we will spread knowledge about bitcoin in our state then more people will be educated and will get profit. |
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I benefited a lot from bitcoin last year. I was able to buy things for my baby and husband and ofcourse for myself. I've been unemployed since I got pregnant and its not easy to depend only on my husband. So i am very thankful that I came across with bitcoin in 2017. It also helped me value my money more and learn how to saved and ofcourse invest my money in a secure and profitable way.
It is good to be so responsible for your family and I am happy that you are earning from bitcoin according to your need and your family need, bitcoin has given us a lot of benefits it has given me chance to earn money and to grow my savings as I am putting my money in bitcoin now and it is rising in price, I also use bitcoin online job and to buy all kind of things, now I can book room in any hotle with advance payment of bitcoin online payment service. |
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It is sad but Bitcoin best years are over  Mainly because bitcoin became so congested and stopped developing itself while other currencies progressed. It doesn't help also that only big miners can mine BTC and not average GPU/CPU users. This is not what Sathoshi wanted. Mining should be available for everyone. But now we have hard fork called Bitcoin Cash which is 8 times faster and much cheaper, which resembles Satoshi idea more closely. And many other altcoins to choose from. Indeed, we did not seize the initiative, and now bitcoin is already known by most people that if Bitcoin does not develop itself, it will most likely be superseded by other cryptocurrencies. No one will believe this that bitcoin will lose the value it is gaining more and more value and price so how can we believe this that someday bitcoin will become the only crypto currency in market, people are demanding for bitcoin most likely as cash so in future it will gain extreme place in crypto currency world, now many social media are working for bitcoin so it is time to make bitcoin popular more for new age and new time. |
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Indeed, bitcoin brings blessings to me and my family. As a spell, bitcoin gives me a pretty big income. That has changed my life, my family and my children. It gives me extra work opportunities in the evening, after completing normal workdays. bitcoin brings me miracles.
I hope your income must be high because now price of bitcoin is so high, people are taking different benefits from bitcoin some of them are suing bitcoin as online jobs so no investment but still earning high amount of money for better future. Crypto currency use to increase and grow but it takes time, slow but steady earning is best thing in bitcoin I am going to invest more to have bright future for me and my family so it is more than simple blessings for us. |
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It is not necessary to start trading with some large sums. Most likely, it's better to start with small investments. Develop your money management suitable for your trading strategy. And forward!
Small amounts will help you to make better results. The reason is when someone is investing money as a newbie, he doesn’t know anything about trading or investing. So he only practicing what he has learned. This is the thing when you have equal sighs of loss and happiness of profits roaming around you. So this time must be accompanied with little profit or little loss so that you can absorb it. Trading is a proper profession and you need to have good skills and knowledge of this market in order to be a successful trader. There are many sites which allow you to practice trading on demo accounts but that does not completely prepare you for the real trading world. You need a lot of experience to be a good trader and for that keep in mind that practicing with small amounts is so far the best strategy for getting experience and profits. |
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I overcome my fear of #HODLing by just diversifying my digital assets. I'm not the guy who is just sticking to one, two or a few different kinds of altcoins that I have. When it comes crashing down, I just forget about it. I'm not even looking at my Blockfolio.
Since I am in good hands with the ongoing project that pays me Paypal money, I do not need to worry about my holdings because I know it will grow in the long-term.
This is the most effective strategy for staying away from losses in the world of crypto currencies. When you are owner of variety of digital coins, this for sure that you are going to be in profit no matter whether the pump shown in the market is that of bitcoin or altcoins. Among altcoins, if you very good variety, I am sure that you have to face losses less. Well I would like to give you suggestion that don’t go for every other altcoin. |
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Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
a way to know when it's time to sell the coins you have when you've earned a profit and when the coin you hold has a decrease in buyers and volume. do not let you get stuck with a very expensive price. What do you exactly mean? The thing is that if your coin is at highest price, obviously there are very less people ready to buy coins at that time. The thing is that your stance under this scenario is absolutely true. You really need to sell off your coin when it is exhibiting pumps and people are really to cash out their coins. When there are many buyers especially during the dumps of bitcoin, there are many buyers and that is not the right time for selling. |
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It is true, all the work must have risks.
From the experiences we can learn, we can understand, how we can not fall again and be motivated to rise.
so we can think how we transact so as not to lose again and even big profits
Without taking risks, we cannot succeed in our lives. Those who take risks, they are well appreciated by everyone throughout their lives. We should do something different in order to stand out of the crowd. Risk takers are the real leaders of the world and these people are born with special courage within them. Same scenario is here in the world of digital currencies, one needs to take big steps by making large investments into bitcoin for great returns. |
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Would banks and governments actively work and implement countermeasures to undermine this process? Are the underestimating the potential of cryptocurrencies by investing in some of them?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
Im not sure governments are going to happily accept bitcoin as a replacement for their fiat currencies. You have to ask yourself: why? what do they win doing that? i agree they will not use bitcoin to replace to their fiat currencies because all fiat will lose all their profit if it will happen. I see bitcoin as a neutral asset like gold primarily, secondarily as a currency, and it will depend on the people using it or not. The big mistake is considering bitcoin before digital gold, because that's where big blockers ruin everything.
they only be digital assets not like fiat currencies has hard copy. No one can ever have right to copy bitcoin because now almost all crypto currencies are at demand they have a lot of users and it is complete setup it is not only a simple currency but it is investment and asset at the same time. I am bitcoin users since one year but I have never seen any currency like bitcoin because it is the only one and will remain the only one forever, now bitcoin has replaced regular currency and in future I know bitcoin will be legal so everyone will say god bye to regular fiat currency. |
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i think that's good news is become more in agresive about bitcoin and stay longer in networking so that many unemployed will be help...bitcoin is awesome network there's many people want to join and easiest way to become member...bitcoin well help us to build up our future dreams,more improving bitcoin....
Not only unemployed but the employed people are using bitcoin and it is really great news for them so they will be happy, you are right that it is an opportunity as like all other bitcoin opportunity but for this all skills you will need, it is important to use bitcoin at very safe way life perfect web site should be find at new thing people try to scam because of lack popularity but it is our responsibility to use it with care to get high profit. |
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Bitcoin is useless.. No its not. That's not really true because if that's true bitcoin will not grow as big as we are now:-)
It helps a lot of people .I change a lot of people lives . so how come its useless. For me its a big no.
Yes, it put a lot of people lives on danger. Not at all bitcoin did not take life in danger because it has given us bright future and easy shopping, it is savings, it is job for people who are not having any job today so bitcoin is good in all respects it is time to show great interest because price is low and time to buy bitcoin and then hold for long time. Bitcoin use to change the price it will increase your profit if you will wait after you invest, bitcoin will not put your life in dangers but will take you out of danger if once you invest. |
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Some people say bitcoin is like a bubble and it will burst one day.
Now current situation we can say its price is going down and down.
Is it true that bitcoin is like a bubble ?
We cannot tell that unless it pops now. But seriously it is no longer a bubble because bitcoin has been around for almost a decade now and it does not burst. The change of bitcoin price is just normal because we all know that it is the nature of bitcoin. Well just take advantage of bitcoin as long as it is still giving us income. That’s what I mean bitcoin is there for us more than 10 years how can we say that bitcoin is a bubble and it will get burst, if we look at the bitcoin performance we will get know that it is really great support for us so bitcoin has maintained its position from so long as bitcoin faced a lot of ups and downs but again it got the old place so bitcoin is a future it is reality that we can never neglect at any cost. |
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You should invest now atleast 50% on alts and 50% on bitcoin. Find those coins right now that is under valued and those coins with a huge upcoming news. That will give you an easy profit.
So if you know price of bitcoin will increase again then why they are confused about bitcoin. You know bitcoin use to increase and decrease because of us, if we will show interest for bitcoin and will take mature decision bitcoin will keep increasing. It is good to invest because price of bitcoin is increasing maybe more waiting will give you lose so buy today and hold for long time so you will have profit. |
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Did he sold at 1 Million and cashed out or he still holds , as i see hes like down 400k from 1 Million , but still amazing if count it from 10k lol  Damn Deeeez Crypto Well anything is possible in bitcoin because price of bitcoin will be affected by a lot of things like this, bitcoin use to pump and then dump so 2017 wad pumping year now dump and again pumping, people are mostly talking about bitcoin low price but mate if bitcoin price is low no doubt someday it will be more than this and will get at high of all currencies so yes in coming days price will be more than one million. |
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This is similar to a question that asks "is cash an asset or a currency". When you hold it with expectation of appreciation, it's more of an asset. If you use it to exchange for things you need, it is an currency. Simple like that.
that asset that I know of our ownership of the rights we get. with that asset already belongs to us, but the currency is quite different, if the money is enough we need for a medium of exchange is not for us to save such an important asset, such as land. Well it is not like land but yeah one resemblance that bitcoin has with land asset and it is that both of them can be kept for long time so it will give you benefits. Bitcoin is something really interesting as you can sue for all kind of needs, if you are not in need of money you can make bitcoin asset buy investing your money in bitcoin at the same time you can invest so bitcoin has both qualities it is all up to us that how and where we use our bitcoin. Here I do agree with you but if we look at qualities and features then bitcoin is better than land business because no doubt a bitcoin holder is better than a landlord. Holding bitcoin means growth as price of bitcoin sue to grow everyday but land is not so expensive its price use to grow very slow, so there is no comparison at all. Bitcoin is an asset and we use to hold it for long time to get better output and better future form bitcoin. |
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Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on. What's your way of spreading Bitcoin knowledge? Well, My way of spreading my knowledge Bitcoin is posting in facebook; tagging my families, classmates and friends. Posting videos also in facebook. Through sharing, what I had earned in bitcoin, I spreading also my knowledge, while eating with my companions. This is really good because people should be aware of bitcoin as it has a lot of benefit for all people. Price of bitcoin is high so all of them are showing interest to invest whom I told about bitcoin, social media is no doubt the best idea it will increase bitcoin investors the same I do I make tweets about bitcoin and also made bitcoin group and add Facebook friends there so that we use to discuss about bitcoin over there. |
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Btctalk name : Blue Bell
Rank ; Member
Current post count : 135
BTC Address : 1M3jAo4WPujb875oMbH4nai1qDQK7ncCcY
Wear appropriate signature : YES
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Major use of bitcoin right now is its use for purchase of other currencies and trade on all exchanges. Because of this demand is high and it's price is rising more and more as more people are entering in crypt and they have to buy bitcoin first to trade against other coins.
Bitcoin is a digital currency and it work same like other currencies you can buy a lot of things such as food and other daily life important things last week I buy some median and it is now accepted to many restaurants and hotels so bitcoin is now very valuable and there are a lot of countries where bitcoin is very popular and I’m sure that everyone will use bitcoin as I’m going to use I also pay all my bills through bitcoin. |
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Because it is easier, faster and safer, and now all our transactions through the Internet have become in the purchase and exchange of everything
These journals end the transaction that you do in minutes, it saves time and effort
Bitcoin is one of the fast growing currency in market because bitcoin is very safe and its price is very high then any currency there are a lot of ways to earn from bitcoin and its transitions are also very fast than any other currency it can make you rich in a very short time and also its now available in many countries so that’s the reason that everyone they are want to join bitcoin and I’m suggesting to every one join bitcoin. |
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When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
The best time to buy bitcoin is when the rate of it decreases and sell it immediately after it reaches the peak of the mountain of the rates. Yeah! That’s the best strategy of trading with bitcoin and making massive profit. Buying low and selling high after holding bitcoin for a good time period. Bitcoin is the one which has made many people achieve their dreams after they had applied this strategy to their bitcoin. Bitcoin should never ever be sold at low rates under some emotional or market pressure because bitcoin is the only currency which keeps increasing in value. It is the strategy and common thought of everyone when they invest in bitcoin, they will try to buy it at the lowest price then wait and sell it at a highest price, depending on each person, they will have a basis to determine the highest or lowest price that bitcoin can achieve, no one is the same. With my experience, I often rely on information, analytical skills and reading signs from price chart to determine the highest price, with low prices, I usually choose the time after the pump is broken a few days, prices will fall sharply, from the signs and analysis, I will find the price to buy a reasonable for me I agree with you i personally think that it is better if you know how much money you can spend on something if you have 10k to spend would you spend it on 0.8 bitcoin or a lot of altcoins. The good time to buy bitcoin is when its price become low and then when you buy bitcoin so you have to keep it on hold for some time and then wait for a right time when its price go high then you can sell bitcoin and can take a very good profit and that’s what everyone they are doing it last month a lot of people they sold their bitcoin because its price was very high then before and every one they take a very good profit. |
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