Technically, bitcoin is a digital currency. In some ways, it is a currency and could be a medium of exchange soon to buy some groceries, go to fast foods, restaurants and other things. But I don't think that will happened. Because bitcoin is sort of an thing just for investment, trading, or mining. Somehow its just like gold. Thisnis for people who knew bitcoin an waybof earning money, investing into something. Because if this will be a currency in the future this must have a fixed amount entailed for the reason its unfavorable for those business establishment if they received such digital currency then its price decreases. That is my perspective.
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All investments has inherent risks. The thing is we are to be able to identify such risks. Even in stocks, bonds or marketable securities have risks. The solution to such problem is that we are able to mitigate such risks, if the risks are too high, then we should make any actions to lower it. In digital currencies, higher risks occur when investor doesn't understand how the market of digital currencies work. In able for us to lower the risks, we should be educated of what is bitcoin, how does bitcoin prices moves, what factors does it rely to increase or decrease its price, through this, you can maybe not eliminate but lower the risks in to an acceptable one.
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Hindi naman po. Ang pagtaas ng bitcoin price ay nakabase sa napakadaming aspeto pero kung gusto nating matuto sa napakasimpleng paraan, eto po yun. Isa sa basehan ng pagtaas at pagbaba ng bitcoin ay ang law of demand and supply. Pagmaraming supply, tsaka okay lang ang demand, tama lang din ang presyo. Pero sa paglipas ng panahon na bumababa na ang supply, papaliit na ito at napakarami ding demand, pinapataas nila ang price para hindi ito basta bastang mabibili ng tao. Ganito ang nangyayari sa bitcoin. Tumataas ang presyo dahil sa konti nalang ang supply neto at napakaraming gustong bumili. Ganun lang po. Pero ito naman po ay isa sa mga basehan lang po.
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Bitcoin is currently appraising its value over time because of its supply is also diminishing. It means that the more demand of bitcoin, the higher its price will become but it does not mean you are to risk your personal assets in your house and sell it just to bought some. Remember, Bitcoin is not the only digital currency in this era. You just need to study and learn about cryptocurrency and you'll be able to know trade about digital currencies. You are never late. Never will be.
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In our world today, there are billions of people libing among it. And possibly there are 10% below population that is knowlegeable about bitcoin. Every day, it is indeed a good indicator of having more more people to know about bitcoin. What is bitcoin, where does it come from, how can we earn it. One of the benefits in an increasing community of bitcoin is the will decrease number of supply of bitcoin because everyone will know does favorable to ones who hold bitcoins because its value will increase if there are only small supply in the market and more demand.
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Of course! There are certainly different kinds of money. Check, Cash in Banks, and other negotiable instruments are money. Well, in fact, Bitcoin is also one. How can we separate it as a money? Money is a mode of exchange to buy something you want, investing on what you want, renting on what you want, and so on. Through years of time comes by, with the generation of internet comes along, a new money has arise. Digital currencies. And one of it is Bitcoin. We can transact at anyways at any time even if we are so far from what place we want to pay. Without any energy lose in your body. Well, that is my opinion about bitcoin as a money.
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We should always put in our minds that the higher the risk, the higher the return. The basic investment rule. Well then bitcoin can be manage in other different techniques. But is it the best bitcoin investment strategy isbto buy and hold? For my opinion it is a yes. Because as what we all know, as of today. Bitcoins apprasing price is too high for trading, you buy and sell bitcoin. Rather than buying it at its lowest price and hold it. Its better to trade other cryptocurrencies while its price are affordable. Just like shares in a company, taking the risk is the best way of investing. Not knowing what bad or good will happen, the thing is its price will surely increase and you will gain with that.
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I think the question should be like this, how do we spread the information about cryptocurrencies? Because as what we all know, Bitcoin is not the only digital currencies in the internet, there are many so many digital currencies in which advantages of having bitcoin a bitcoin is its appraising price over time. We the knowledgeable should spread it through the internet itself. People tend to be relying on the internet nowadays. We can share some posts about what is bitcoin, when is bitcoin, why does bitcoin exist, who invented bitcoin, and how to have it. We must inject to these unknowledgeable minds that bitcoin is neither a scam nor coin which is full of air. It has a value. An appreciating value.
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Join Form:[/b] Signature campaign Bitcointalk username:jkinit2125 Account URL: https://bitcointalk.org/index.php?action=profile;u=1386435Rank: Newbie Starting post Count:2 Date of Join:dec 6 2017 Bitcoin address:3Avmym5VsapvC8bFDE7LPoH9iiqNqGFvez Alternative ETH Address: 0xcd60f223c74e497a78634C0D9792d7781F1A3027 Edit:Day 1: Post Count: 6 Day 2: Post Count: 9 Day 3: Day 4: Post Count: 11 Day 5: Post Count: 20 Day 6: Post Count: 21 Day 7: Post Count: 27 Day 8: Post Count: Day 9: Post Count: 32 Day 10: Post Count: 34 Day 30: ---
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Hello po! Certainly I am a Newbie. Parang na aout of place ako sa terms na ginagamit. Pero I will try my best to learn more! Thank you for making this thread boss!
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Para sa akin depende. Isa kasi ang bitcoin sa digital currencies na tumatakbo sa internet, sa economiya ng cryptocurrencies. Una, kailangan natin ng malakas na internet para kung mas mabilis: mas marami ang makukuha na bitcoin based na din sa gh/s. But if magcocosting ka. Dapat na total earn na bitcoin mo deduct the total expenses naincurred mo, tapos pagnagpositive, okay siguro ang bitcoin mining dito sa atin at kung deficit or nagnegative, masyadong pangit or hindi appropriate yung bansa natin for bitcoin mining. Rather invest in equipments, go to trading instead.
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