Whenever the price increases a number of people often say that the price will go down again but I do not believe on it and I still keep my coins with me and hope for a better future and a further increase in the coming future so I do not sell them all and remain normal but only sometimes I use or sell some of them.
yeaa common people will keep being pessimistic in bitcoin . but not with the real bitcoin miner/holder who have a strong believe in bitcoin as they know the real facts. bitcoin will keep increasing as time goes by, and once the price shoots up some people will let it to sell all the coin and leaving but some people will keep holding till they think urgently needed or even will never ever sell the coins! At that time keep holding is necessary for the reason that if everyone start to sell their coins then the supply will be increased much higher and the demand will be lowered down and then once again the good time will finish by decreasing the value. So the intelligent people do not sell at that time but they start to buy more bitcoins. yes that is a good strategy, to me i also holding bitcoin for some more time, as the price of bitcoin still have good potential to increase and hope that it is going to cross 1200 USD lever very soon. and hope that we will see another all time high price level of bitcoin. |
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Increasing your bitcoin is good and also very easy with some trading,sig campaigns and maybe some gambling but than just with low amounts.
yes there are so many ways through which you can increasing your bitcoin but to me trading altcoin is one of the most profitable way of increasing your bitcoin, you need to get some knowledge about the alt coin in which you are going to invest your money. |
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i think you can store you bitcoin in many wallet because there is hacking problem if you store your all bitcoin in one wallet so anyone will be hack your all bitcoin from one wallet so i prefer that store your bitcoin in many wallet is much more good than one wallet then you will be never lost your all bitcoin.
But if all your bitcoin in one wallet only few btc even if less than one bitcoin, maybe the hackers will interest with your wallet and hack your wallet is gratuitous. But no problem divide your bitcoin in to few wallet for security is great idea, moreover make some wallet address is free you need double email. there are so many trusted online wallet where you can save your bitcoin, but i will also suggest you that keeping all your bitcoin is really risky therefore you should use different wallet for keeping you money. |
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Right now bitcoin price increase is getting continued for a long time. This gives every user an added profit. Bitcoin grows gradually, which describes that holding doesn't have any specific time. Everytime holding is effective.
Yeah for this time i think holding bitcoin is very good because there is some people predict that for this year bitcoin will halving. You are right if the aim of investing into bitcoin for long time, but it is problem to me whom looking for money by daily from trading and i think the other traders altcoins are same with me. So everything depend on the people use strategy of investments into bitcoins and other digital coins, Because of i am daily traders holding bitcoins for long time is not good way to make money. i am also in favour of long term investment, but it is also important that if you are going for long term investment you need to invest a good amount of bitcoin because holding a little amount cannot give you a big profit. |
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Do you always missed the right time to sell or buy bitcoin?
Back in some days,i was trading on forex with regular currencies,and on the start,when i was learning i usually did miss the good price's. I did actually the same with trading bitcoin when i was starting,and it was happening usually but when i got some knowledge,i had no problems with it. Hello I am newbie and I would like to know how to deal with trading bitcoin and altcoin  Trading is not an easy job every body will fail to sell at right time because some times it is very difficult to assume what will happen to market. Every altcoin completely depend on bitcoin once bitcoin rises every other altcoin will loose it capability. So every body will fail to sell at right time. yes that is right to say, no one can be so much perfect, to me i think everyone must lost opportunities to sell bitcoin on its right time, to me i also missed the right time for so many times, |
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I make probably around a few dollars a week trading. It varies because some weeks the price changes a lot and you can make a lot of trades. Other weeks the price hardly moves at all and you may only make a handful of trades.
yes to me it is also not fixed, as some time i make good profit while other time it become hard for me to make money and some time i also compromise on lost. but over all i am making good money from trading and that is the reason that i am still interested in trading. to me as i am new here in trading altcoin therefore i think i do not have a remarkable income in trading, but hope that after some time will be able to make money in trading as i am really taking interest in trading. |
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bitcoin is always increase huge price , altough usually down but this is not long . but for years to years bitcoin is always increase huge price so i think this is very better than gold .
in fact that is the main reason, that the price of bitcoin is increasing continously, and if the trend continue for some more time, it will certainly cross its all time high price very soon. |
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Fiat is controlled and regulated by governments. We the people control digital cryptos. It is easier and more accessible to send $1million in bitcoin than fiat. Many banks are experimenting with blockchain technology. We are in the digital age now.
yes that can be more accessible and more easier to use as compare to fiat currency, specially for online purpose bitcoin is more better than fiat, as you do not need to convert your money in to other currency in which you pare playing gambling. |
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i like the fast transaction of bitcoin and i can transfer my bitcoin to anywhere in the world and we know that bitcoin is in our control and we can keep our bitcoin in any wallet and in any amount and sometime i feel that my balance in my control into bitcoin.
to me as i am a good gambling, therefore to me i think the most good thing is that i can play gambling using bitcoin, as it as too much advantage of using bitcoin for gambling and especially in online gambling. yes that is also right but to me i think the best thing is that bitcoin is the same single currency for all over the world, it is decentralize currency and can be use with same value in all over the world. |
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of course they will not and this is why they are making their own "bitcoin" with their private blockchain, but soem banks in some country perhpas will accept bitcoin and offer some forms of service to secure your coin, i see no problem with this
currently as banks are not going to accept bitcoin, but in future i am sure that with increasing strength of bitcoin, banks are going to accept bitcoin, specially after government to accept bitcoin as legal currency. |
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People here have claimed that Bitcoin is in fact controlled and ruled by China, as mining is centralized by Chinese mining institutions.
Do you think that China is controlling/ruling bitcoin yes or no?
no , if china which controls the BTC price it is not possible, but if the distribution is in china bitcoin I would think again. Kalok china plays prices BTC, BTC how much do they have? if they sell and buy again? How do you lose? chances are they put on hardware with very many in fact bitcoin is a unique currency that cannot be control by any state, any group or by any individual, and that is the good quality of bitcoin, it is only the control of such people who are owing, if i have 100 Bitcoin so i am the owner of 100 BTC and i have full control over it. in one sense they are controlling it no doubt about this, as the users of bitcoin in China are more than any other country, the minors of bitcoin afe also too much there, therefore to me they can effect the price of bitcoin so they are controlling bitcoin. i do not think that China is controlling bitcoin and how can person say that the most of the users are from Chine, as it is anonymous so it is not possible to say about the more users of bitcoin, may be they are form Russia or may be from Idia etc. |
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Its really difficult to come to conclusion that what exact number of users will be holding bitcoin by that time, but one thing is sure that we will be having increase in user base of bitcoin by that time.Around my life people have begun to understand bitcoin.
yes i also agree with you. it is really difficult to conclude that how many people are using bitcoin, but it is a fact that the number of bitcoin users are increasing continuously. |
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If bitcoins is banned totally there will be chaos all over the globe as many people have saved their money as bitcoins .otherwise the litecoins price will increase a lot and people will change to it .
now many people are saving their investment in bitcoin. if banning the case, then chaos will engulf the entire world. it will affect the systematic and also a bad effect on the system of government in the country doing the regulation. nope i think this time user of bitcoin is still quite a bit you can prove it because of the price of bitcoin market is still very volatile and manipulated as it is still the user is still small, even when the bitcoin die even if it would not create chaos, because the volume of bitcoin is still quite low, even below than paypal the volume of bitcoin is increasing continously and that is the reason that we can that the price of bitcoin is increasing, people are entering in the world of bitcoin and they are investing their assets that is the demand of bitcoin is increasing while the supply is decreasing. |
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20 years again is still long time, I can't imagine bitcoin, but I estimate bitcoin 20 years again will be replaced with a better money system, the same as Paypal which is now starting to be abandoned.
yes that is a fact that 20 years is a long time and it is difficult to predict about bitcoin from early. but we can only hope that at that time bitcoin will be more popular and people will be using it as fiat currency. |
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wow that is the worst thing, to gamble your child's school fund, it is still bad to do what OP did and gamble and lose all your own funds but the worst is when you gamble other people's money even if it is your own children. and sadly this happens a lot among gambling addicts who look for any source of money for their gambling, hopefully we don't see many of them around here.
i think only bad addicted people can do so. to me i play gambling with my extra money, and i never your my important money that i reserve for some business or for any other thing. |
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for me gambling for bitcoin is the easiest way to make money if I have some knowledge and enough luck. that's always needed before you played. I'm playing gambling also for my entertainment purposes too. but overall I'm playing gamblingbecause I'm gonna needed my income from gambling to provide me another money because we have a little fastfood chain and I'm investing all my income from gambling on our business so my money would grow.
You should not think with that way, gambling is not a fast way to make money , it is the contrary of it. If you think to gamble for having and doubling money in fast way , i just can say you will guaranteed to never make it. Gambling is something deadly addictive if you cannot treat properly. But the definition and understanding of gambling is always just a contradiction to its real nature. As long as gambling will be lure people to make the future then we will be having those type of rumours that will be attracting innocent people to enter in the and to spoil their futures. The point is gambling always makes someone have a bad habit in most case. Only few people can really treat gambling properly such as to gamble occasionally not continuously. The rest of it treat gambling in wrong way, it is just misleading everyone. exactly and many people have proof this and they become addicting in gambling games. because gambling is a games with luck factor inside, we can not always win the games with easy, sometimes we need to get loss in more than 5 times and after that we can win the big money with next games. but its not always work for us and its depend on our luck in the games. yes not doubt about this that gambling is one of the most risky game and it is mostly depending on your luck, if you are luck then you can make good money in gambling, but if you are not luck you can even lose your own money in gambling. |
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very difficult to get out of the gambling game, because the game play can make people who become addicted to heavy. if you have not played it, it might be better to stay away from the game.
to get out of the gambling game, there are several ways you can do, but the most good is, to be with people you love. because they may have forgotten with the game.
It is indeed hard to get out of an addiction. Any addiction in fact is a difficult situation for anybody. I would say first you have to admit that you have an addiction then go from there. Some people pretend to have no addiction at all, but in reality they have already spent all their life savings and even more. The love of your family is indeed a good way to move away from that addiction plus get yourself really busy. The addicted gamblers must need family members help, friends, relations, doctors they just give suggestions. But no one will take care of you until you come out from gambling. The only people your loved once family members can help you until you stop gambling. But once you decided that you want to stop gambling you should not go back again, here dedication is very importent. yes in fact quitting gambling is not such an easy job, you need a strong determination and your friends and your family support, but still if you can strong decision power then you can really stop gambling. |
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It is not really shameful being a gambler, right? Shame is what you feel when you do something that will ruin your pride. Did gambling ruin your pride? No, in fact you did nothing to shame yourself. You are just having fun, spending your time and trying to earn yourself some profit. Well it will be shameful if you are bragging about your friends that you are winning every gamble you made and then they will caught that you are lying in front of your gambling buddies. That us really shameful.
yes to me i also do not fell shameful for bitoing a gambler and i think the reason is that i play gambling in a limit which prevent me from loosing a big amount that i cannot bare, therefore i never feel shameful for being a gambler. |
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I do not spend lots of time in gambling. I rarely gamble and when I do, normally, I only play for hour. To me, Gambling is a type of entertainment so that I do not want to waste my money which I can use for many other purposes. On some occasions, I gamble with some of my friends in local casino and I spend about 2 hours in there
but to me i think i spent countless time. as i play gambling continuously, with more more time,some time i even spent more than 10 hours continuously in gambling, but never fell bored while playing gambling. |
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In fact the price of bitcoin would not have to change the habits of a true lover of gambling. There will always be an opportunity to gamble whether the price of bitcoin is $10,000 or $1 because gambling has always existed since the beginning of mankind.
yes it is true that the price of bitcoin is not going to effect my gambling method. i will even continue if the price of bitcoin will raise to any value. i really like like to play gambling using bitcoin and i will continue it for ever. |
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