In 2017, the most optimal way to earn money was simply to buy bitcoin. In 2018, the trend will most likely continue.
You may be true but the question was a little different. There are so many ways with which you can earn money and even more money with bitcoins. Buying bitcoin can’t make you rich, you have to do something with this bitcoin only then there will be some fruitful results for you at the end. Believe me trading is the best and the vital method for earning huge money in little time. |
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Even there are so many rumors, telling bitcoin is just a scam. Bitcoin still won't die because many people are still ising and still believes in bitcoin and bitcoin is the greatest cryptocurrency so there are no possible reasons that bitcoin will die.
yeah right, bitcoin is the king and the great father of cryptocurrencies therefore it shoudnt be die because if bitcoin will die ,we humans were also die due to starveness because we will not have an income to buy our foods and other important things in life and most of us are so poor and jobless therefore we are only relying on signature campaigns to earn money and to buy rice in order to eat and live for the whole week. There are ups and downs in Cryptocurrency and it’s all just a part of the game. all of the constant hand-wringing about bitcoin dying is solely because bitcoin is fundamentally a disruptive innovation. Bitcoin isn’t going to die for a long time even Some governments are even starting to embrace blockchain technology. No I don’t agree with this bitcoin is not dead and it’s still alive and working in proper position that’s why I always trying to tell everyone that check the price of bitcoin every day than you can come to know easily that what bitcoin going to do for world and believe me I become disappoint when I see these kind of wrong statements about bitcoin. |
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It's better to invest money, because in investing you are saving your money with an expectation that it will grow while in just saving, you are saving your money without growing it.
To save money its good but if you invest money in bitcoin so I think it can make your money double so I believe that we need to invest here as soon as possible because bitcoin change his price fasten and you can get your profit also fast and in this process you can increase your amount also so investing is much more batter than saving I think. |
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i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
What makes me trusted with altcoin is its potential to grow and the purpose of this coin. And of course i consider also the how committed the dev is. You know it is hard to trust altcoin but then again its up to you how you trust every altcoins. Everyone has his own opinion but I have a very different opinion regarding trusting on some new coin. There is nothing which can help you in trusting some coin and that too trusting that coin which is newly introduced to this world. You need to wait for quite a reasonable period of time and then you need to see the performance of that coin. Only then you’ll be able to decide whether you should invest in it or not. |
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its the rule of trading buy whenever the rate is low and sale whenever the rate is high. according to my opinion still the rate of bitcoin is low and i am still continuing in buying coins and keep the for a time whenever the rate of bitcoin is too high from present rate then i will start selling.
This is the very basic principal that you should go for buying only when the market price is falling down. In my opinion, there is one important factor which plays a very vital role in this kind of thing and that whether you are having this much of budget that you can afford buying of bitcoin or not. If you have enough resources at the time when market price is low, then buy at that time. |
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The biggest regret of my life that I did not start investing in bitcoin before and I say not only in the form of value but also in time and it is never too late to change my mind and regret it.  Mine is also same when my friend told me about this I think it is scam how one can generate huge money thorough it and I wish that I can go back and invest at that time although it has given me a lot now but if I invested at that time now I am counting myself in millionaire line and another regret is I didn’t have resources in recent dump to buy I missed the chance and this regret is giving me depression and its bad. |
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Yes it would definately be popular
pherphaps even more popular as we could focus more on the underlying blockchain technology and less on the volatility of the price
I don’t think so that it will be possible for bitcoin to maintain its fame and popularity once it will have a very stable market price. It is because of the fact that the only thing which is grabbing the attention of the investors in the significant increase in the market price of bitcoin. If bitcoin will have a stable market price, then it will lose its importance like that of gold and people will look for some other investment. |
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I don’t have a plan to sell mine bitcoin, I hold them as long I have a financial, I think, will sell it when bitcoin double the price in this year, so I think if the value reaches 10k I guessed that is enough.
I must say that there is nothing more beneficial than that of holding of bitcoin and that too for as long period of time as you can. Selling of bitcoin can hardly result in any kind of fruitful result. We all know this thing that the market price of bitcoin will continue to increase in the coming days, so we need to remain patient and we actually need to hold our bitcoins for having better profit. Exactly therefore we don't sell right away and be contented with a small profit, there will be more price increase to come and we can benefit on that if we keep holding our precious bitcoins. Now that bitcoin is getting more stronger and FUD is not that effective anymore we should ride with the trust of the people as it will just make the price to go up. Be careful about this. You can bet that there will be plenty more FUD to come, and you can bet that it will cause some crazy gyrations in price. Bitcoin did a great job of shrugging off the China issues in September, but we still had a quick 40% drop, and it took a couple weeks to recover. I'm sure there are still some large crashes coming. You can expect anything to happen in the coming days. It is because of the reason that future is quite unpredictable in nature. As far as selling is concerned, I do not sell my bitcoins most of the time. In fact, I keep on holding my bitcoins and that too for as long period of time as I can. Selling will not help you earn anything profitable as compared to that of holding of bitcoins. |
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I think so. Most of my friends had no job when they were a fresh graduate. It was really hard to find a job. Then they knew about bitcoin and joined in this forum. Since they knew that bitcoin could give them income to fulfil their daily needs, they decided to focus on Btc and didn't apply any job.
Since the time this concept of bitcoin and other crypto currencies was introduced to this world, we have seen a very positive change in the market. There are number of people who are having a very good amount of earning and that is only because of the bitcoin. Bitcoin has indeed provided all of us so many good opportunities. We only need to take advantage out of those opportunities. |
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This is the normal process, the rise and fall of the price. It's important not to panic when the price falls and not to sell immediately. Usually it's good to have some long term strategy because bitcoin is still the best investment long term and it's wise to buy coins as much as you can when the price drops because after that in a certain period of time it will recover and thus you will earn money. This is the main trading rule to buy low and sell high so you should look at price drop as an opportunity.
Well you are right it is a very normal process, but when someone who feels panicked they will not care to sell their coins immediately, they think to bear a little bit of a loss than to get big losses, they tend to think not to back up, so they do the panic selling Panic selling is dangerous, it really eats up all your benefits and profits coming in your results. Whenever you are trading, you have to adjust with the fact, and better is to swallow this ASAP that there must be bad times coming along your way. You will not be going to get on a path that doesn’t involve any risk factor and much more than that. So don’t be panic and work wisely. |
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Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
yeah, i agree in term of cryptocurrency usage for buying something for society that not have credit card. kinda complicated to register some credit card and pay for its bill monthly. with cryptocurrency, you just need to gather some coin or you can refill your cryptocurrency to buy something. more simple and fast.  If we make a comparison in between crypto currencies and other regular currencies which are present over there, then we’ll get to know this thing that both are good but for specific reasons. If we talk from earning and investment point of view, then it is crypto currencies which are far better than that of regular currencies. On the other hand, for daily use it is regular currency which is better. |
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Yes bitcoin is a great way to invest your money into you can just only need to see how much people invest in it and all the good stories they have to tell you about their bitcoins i would say bitcoin can easily make one a millionaire.
I have been involved in lots of stuffs including trading, gold investments and a lot more, but none of them were able to make me much profit as Bitcoin did, despite investing tens of thousands. So Bitcoin is worth investing on. There is hardly any reason to deny this fact that there is no other better way of investing your money other than investing in bitcoin. Bitcoin is no doubt the best investment of the 21st century. If we actually want to earn a good amount of money for having a comfortable life, then we have to go for investing in bitcoin and that too as soon as possible. Bitcoin will definitely make us rich. |
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
I think one of the main factor is now the role of bitcoin when it comes to transactions and as an another medium for investing. The fast growing of its popularity in the economy and as a currency is giving hope in a country's economy if will be used and implemented well. Yes if bitcoin will be used and implemented well in different countries they have a high chance of improving their economy because the value of bitcoin is continuously rising and it is a good sign for investment, a lot of people can gain high profit when it comes to bitcoin. And beside that, there are also have a lot of people lost many money when they invested in Bitcoin. Profits and loss is normal for the cryptocurrency market. These things always alive around the investor. The market just wait some investors have wrong decision and make those people lose money. Definitely you can’t call yourself a businessman if you don’t lost even once. These losses are full package to tell you how to cater will loss next time. Now it is up to you how better you learn from these mistakes. Plus, as you said, there are profits and losses in trading. But in bitcoin trading, it is different. You can have as minimum loss as you want, just be wise and be patient. |
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Guys sorry for this question above but I would like to ask here that
What is the difference of Trading to Investing?
though I know that I can search it in google but I want an answer from those people who have already experienced this two.
Thank you.
I hope you can help me in my confusion..
the difference that if we invest we need to be analyzed the perfect whichever way to be able to gain profits in the long term. and if with trade we need to make a good strategy in order to get big profits. Not only one strategy can help you get big profits, it is impossible. The scenario of the market can change anytime. So, you need to own few strategies for the scenarios can happen. Important, be ready the worst situation is required before starting to trading and investing. Markets are unpredictable and so is the business. You are absolutely right that there must be some plan B and C behind plan A. business strategies must be flexible that if one bad scenario happens, you must be able to mold your plan and go for some other method. Plus, risks and loss is there too with profits, so you must have to be ready for any bad situation coming up to you. |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
It's all about supply and demand that affect the bitcoin price if more people starts selling their coins when demand for the bitcoins is low then price will drop and vice versa but sometimes prices can also drop or rise when group of people holding large amount of bitcoins trying to affect the market by either selling or buying bitcoins together. Yes the value of bit coin is wholly solely dependent on the supply and demand relationship when the supply is less than the demand then price drops while when the demands are higher than the supply then the rates and prices rises up. Yes that’s the right thing that it totally depends on the investor trend if demand f investor is high it will go high and high and if price will come don that is because people are selling a lot and that time is best for the buying coin and those who are doing this according to this strategy they are utilization the both times and they earn a lot bitcoin is name of faith and those who are earning a lot have true faith into it. |
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I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.
Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday. There is a limit for everything, you don't allow yourself to keep losing in trading because if that will happen that means you are not learning and it's better to quit and minimize your loses then look for something else that would give you a real profit. Maybe, investing by holding your bitcoins is just a safer one and the most fit for you. No matter how much you know about trading, we can do a lot of damage when manipulating. So just information is not enough. There are so many other things as well which you need to learn along with the information and knowledge. As far as quitting of trade is concerned, I think of it as the best option if you are not doing well in the world of trading. Quitting is a good option for some period of time in order to learn more things which can help you in a better way. There is no point of losing your money if you are not performing well. |
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I think now is not the best time to buy.....wait for it to fall a bit
It is funny how people react to corrections and dips. Waiting a little time can only cause more regret if not careful. We had an All Time High and now that we had it around $5400 yesterday, and about $5700 now, someone is still asking whether they should buy or not. The support is pretty strong and if you can get right now that we still have it a bit lower, then the best time to buy is now and not later or waiting for it to fall a bit. What's best time? It was once and it will never happen, it was when bitcoin's worth was some cents, so.... Price was good last summer (600$), now more than 6000 so 6x profit was possible. Now it's not best and even time to buy bitcoin. How much % are you going to profit if you buy now and what do you think, when will price be double? As prices are gone bit down from 6k so there is a chance to avail and buy now otherwise waiting for more dump will give you regret because who knows what will happen after two hours so invest in it now and wait for the prices to go up and when it clicked to your desired value then sell your coins for the maximum profit crypto is all about buying and selling at the right time and those who do so are in good profiting condition. |
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I bought bitcoins in 2016. I go out in pieces in Fiat at a price increase. And on the kickbacks I'm buying.
I consider the balance in Bitcoin. While I'm not going to sell. I think I'm doing the right thing.
You are doing it right but one advice for you. Don’t just use your bitcoin. If you don’t have enough fiat money for coping your daily needs then it is okay. But if you can manage better to make your daily needs deal with fiat then try to save bitcoin as much as you can. There is time coming when you will be calling yourself lucky who have bought bitcoin, so keep them with you. |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
Bitcoin's Value is volatile due to its decentralized structure that is why an irregular rising and falling of its value is felt frequently. Though its status so irregular, it seems that it's current status is going all the way up which makes it more recognizable now a days. Exactly. When one currency is decentralized then there is no check and balance from one supreme power about what is going on. Like our local currencies, there are regulating by the National banks and governments, that is why we have a stable price in business in our country. Bitcoin have decentralization and that makes it more volatile because of randomness. |
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I think it's not necessary when all the bank account information is completely transparent and legal. They should not be used by Bitcoin, the engagement activities will be more and more
No I think it is not possible. The banks have their own role in the communities and many people have many benefits from the banks. On the other hand bitcoin is just a digital currency and many people do not believe bitcoin because it has no physical existence. Therefore I think that it is not possible that all the banks will be eliminated due to the widely use of bitcoin. Banks have their own features. |
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