I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.
How do you traders do it, hold and hold and hold. Waiting around for more and more money?
Well it is better to earn a little than to gain nothing. If you would accumulate all your earnings from your short term investments then you would be surprised to see that the difference between this and taht of long term investments would not be that great. But if you do decide to go long term then it would be of great help if you think positive about it. I think in the case of bitcoin I think fear is very low because I don't think on the average basis bitcoin will crash hard ever the price is keeps on increasing and the little dip doesn't bother much to me.I think fear is all because of the price fluctuations happening with time, none knows what happens tomorrow. I believe this will continue to grow and the trust is the one that makes the users overcome the fear of holding bitcoin. More we trust more will be the profiting, because when we don't have fear we'll keep holding. |
|
|
|
bitcoin is great bitcoin has many benefits and i have been many things from bitcoin. I make money from bitcoin and I buy the things I want. Not so, from bitcoin I have a chance to get rich.
Bitcoin is the hope for me and all the investor like me and not only bitcoin but all other crypto and altcoins as well. bitcoin is an answered prayer to all my financials problem, aside from it is also a key for me to achieve all of my goals in life. And with it, I can had a chance to get a brand new house and lot someday but right now I am willing to do same from electroneum and cardano like bitcoin did to its investors. |
|
|
|
with the volatility, many traders could get profit although not every trader because some of them are missed the good price to buy or to sell. but one thing that we should know that in cryptocurrency, volatility will always happen and if we can use this as our chance to make profits, then we are a lucky person and I am sure that our profit will bigger.
I think it is a blessing and I think it will help you to make more and more money through your mind. Volatility is blessing to bitcoin and cryptocurrency. I think such high volatility is not for normal users and things like pumping and dumping can give you heart attack but overall the rise in your investment that one can enjoy in bitcoin or cyrpto currency cannot be enjoyed at any other place. |
|
|
|
The Bitcoin Volatility isn't a bad thing, But what one must be cautioned about is the same as there can be a downward slope or fall in the value. However, one must know the factors mitigating against this fast rise and fall, and then planning for investment won't be a hard task, but that both the negative and positives would be accepted in good fate.
For me I think it is more than a blessing and I think it will help to make more and more money from it. Volatility is blessing to bitcoin and cryptocurrency. I think such high volatility is not for normal users and things like pumping and dumping can give you heart attack but overall the rise in your investment that one can enjoy in bitcoin or cyrpto currency cannot be enjoyed at any other place. It helps you to make money through your mind. |
|
|
|
Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
While a lot of people disrespect bitcoin daily it hasnt been hacked or something similar ever. That's what make bitcoin so secure, it develop has been the longest and the best over the years. I don't think anything like this happens to it. I think if it has to be happen then it has to happen till now but I think it is so secure like any other bank or fait currency. Bitcoin is so much secure but if you don't secure your password or account i think that is one possibility that maybe your account hack by hackers so secure your wallet or password in a safe wallet . |
|
|
|
No one can really predict the bitcoin price but yes you can see the trend if the price is decreasing or increasing. If you see the price start to fall you can sell your bitcoin and if it's starting to rise again you should start to buy more bitcoin to gain higher profit.
I think it is something which you can guess through the team behind it or through analysing that how promising project it and the basic idea of the project. .Altough anyone cannot predict the coin price because it's very volatile, however, if you are good at logic and math, coupled with experiences in bitcoin trading, you can somehow grasp the movement of the price. |
|
|
|
I think that my country's government will not prohibit bitcoin, but it will impose a high tax on it, which will lead to loss of interest from investors.
in my country the government and banks already know about bitcoin and they are very afraid of bitcoin due to the transparent bitcoin technology and make the governments fear if they use it for corruption it will be seen. I think bitcoin is new and it takes time to adopt by different countries. Most of the countries in Europe are accepting it and hope that it will also got some advantage and will acceptable by developing countries as well. |
|
|
|
No bank in my country accept bitcoin
We dont know for 2 or 3 years more
Maybe some country legalize bitcoin
Exactly because most of the banks thought it as a competition of itself bitcoin and cryptocurrency.Most bank they thought Bitcoin is a kind of competitor to them, so for now none of the banks in the whole are accepting it, but in the I believe bank will join the ride in bitcoin they saw the people are shifting into the concepts of bitcoin in this industry. |
|
|
|
We are very close to $11k now and price is going higher and higher so I won't be surprised if it achieves price of $12k in next couple of days so I will hold my coins and sell when I see $12k price which is likely to achieve now but we may also see correction in price but it will recover back soon so holding looks good to me at a moment and even selling some of them is not an issue as price is really good to get best profits.
I am agreed with you.bitcoin can hit anytime at $11000.It just about time.but I don't know why the price of bitcoin increasing like that !! Not yet found any good news, then why?? Actually i think bitcoin can hit any time more than $1100. I don't know when bitcoin can hit . If we want to know that we must be patience. In furute bitcoin must be pump. I love Bitcoin. I prefer trading over holding because it will help you to grow and increase your bitcoin amounts into a bigger numbers. There is no doubt that holding bitcoin for long term run is a good option but using it to make more money by trading it on different good altcoins is much better than just keeping it idle but keeps in mind that you have enough skills and experience of it. |
|
|
|
I absolutely agree with you. price will increase in few days.
I think this is just ue to chrissmiss and i will settled in few day or a week i think the price of the bitcoin is keeps on increasing and such short downfall doesn't matters. I don't believe in trying to time the market. Just hold for the long term and periodically sell as and when you need the money. If you hold for years, you in any case will manage to make good money. |
|
|
|
If you can not trade short, I think you should buy the coins and hold them long and set a reasonable price that you feel the word. I think trade is a predictable job if the market is stable.
Cryptocurrency is fluctuating day by day. it is unpredictable because the price of cryptocurrency is not just based on the market but also on the sentiments or psychology of the users. Even if the graph says something, it can still go the other way. All we can do is speculate and hope our speculations are right. so, it is unpredictable to trade it short term and you have to be very careful. |
|
|
|
I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
If it's about profitable investments, they are the first people to know. They are very organized so when I see billions removed or added to coinmarketcap quickly then they are surely those guys. I think it can be game changer for both people like us which are common people and Billionaire themselves right now i think billionaire wants more investment places where there investment are secure and safe and keep getting profit from that so it is matter for billionaires to invest in bitcoin. Because it is opportunity for them to get a lot of profit from internet as we know now a day’s people are in digital world. |
|
|
|
What i like best in bitcoin is you have plenty of options to earn. From investing, trading, mining and signature campaign. For those people who have much to invest they can do that. And also who wants to trade and can be full time in doing bitcoin. For those who simply want a part time job since it has a full time job already you can do signature campaign which you earn good. Especially if you in hiher rank like hero rank. Bitcoin give opportunity to many people who can earn money through online and being at home. I am grateful to be one of those people who eaened from bitcoin.
I think to me which I like the best about bitcoin and cryptocurrency is that I can easily transfer money anywhere in the world with minimum time and with the least fees even if it is transferred to the bank account the credits are instant and charged are minimal in compare to wire transfers or WU where they charges heavily from their customers. Other than all of this it is the best way to make money and change your lifestyle. |
|
|
|
This will never happen, Currency in every country symbolizes the value of their individual economies.
I agree, this is a question that doesn't require an answer, because it can't happen...currencies were created and rooted for centuries, so they can't just disappear Exactly. I think it will be impossible thing to happen because currency is believe to be the identity of a certain state or country that serves as their power that makes them popular to other countries like Dollars $, Euro € and other type of currency present in the world. It will be great to have one currency for easy transaction. I think no answer can justify this stupid question. |
|
|
|
Bitcoin still has a good future, but it somehow needs to improve its system before it's too late.
For me the future of bitcoin is very bright, why? Because bitcoin right now the price of bitcoin is now starting to rise, eventhough bitcoin price failed to hit $20,000 before this year will end, bitcoin still has a bright future because many people are supporting and investing on bitcoin. I think just like any other crypto it is bright and being a father no one can replace it. The future of the bitcoin is very good it will build a great value in market and will get high Value in the in future. As we see the people nowadays flourished in the bitcoin forum and taking a great interest in bitcoin the future of it is very brighten than today. |
|
|
|
People have been worring about the future of Bitcoin from its very beginings in 2009 and its still here 8 years on, but Bitcoin has changed from a everyday buying currency which is was supposed to be used for, to an investment currency so i doubt very much it will go anywhere soon unless the governments and banks decide to stop every bitcoin transaction across the world  Why would anyone be afraid of Bitcoin? There is nothing to be afraid of since Bitcoin will get a much more higher price in a few months. Well I guess you're right, bitcoin's price is continuously rising because of the demand it has in the market. But currently this holiday a lot of people are selling their bitcoin and the price went low. But being afraid of bitcoin is not a choice because we have seen how strong bitcoin is for the past few months or years, it is still the number one cryptocurrency. I don't think there is any chance if it to shut complete or to lose. I think btc is the main source of all the coins and I think if it shuts all the coins goes to be dead.No need to worry about bitcoin future people decided its future earlier and this coin will be longlasting and price in the future will be much more higher as compare to now and there are many people who are saying that it will crash but there will be no such kind of thing happening because people are holding their coins for longer terms. |
|
|
|
I would start with bitcoin, more resources available for you to learn and a nice buying point today
No matters you start with any coin or either it us ethereum or bitcoin. I think you first have to buy bitcoin and than you have to exchange it into any coin you wants. Buy bitcoin first because trading is good when you dealing with volatile assets and I think bitcoin would be a good start for trading and make a decent day to day profit, Ethereum is on the stable side of the market but it's been showing good signs now, just put it on your watch list. |
|
|
|
most people believe with the new altcoin is just to try luck alone. for myself I do not really believe in the new altcoin. because I always choose a safe way and do not want to take risks. if you want to choose a new altcoin, you should do altcoin research first.
A lot off things matters and I think there are lot of facts which matters in up and down of a coin. first thing i usually do is to look up each team member background, mostly their working experience and after that i read the whitepaper to see what are they going to do. If it seems like the team is experienced and the stuff that they write in the whitepaper is clear and possible to achieve. |
|
|
|
Yes its true. Bitcoin reduces unployment to those people who did or can't work. People like with disabilities and those who didn't pass board exams.
But I'm sure to those people who work here in bitcoin they will not regret that they work here and I'm sure they are contented of there salary here.
No doubt it is and I think it is helping the world in the other word. I think bitcoin is the change in the economy and in the feild of currency and bitcoin is most promising currency which is helping people to earn and fulfills there daily needs and as well as changing there lives.Having bitcoin and altcoins, can give ua lots of opportunity to earn through trading and investing, it can be considered a business or beung self employed at the same. Sometimes oline jobs gives more chances for us to be wealthy and with benefits. |
|
|
|
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
Bitcoin is a powerful cryptocurrency and anyone who will abuse the power of it will be considered to be corrupt. It can lead to corruption anytime specially right now that the value of it has been rising a lot ever since. The corruption here should be avoided because it may lead to negative outcomes for each and everybody. We should use bitcoin in proper and avoid abusing the power it has so that there would be no trouble. No, I didn't agree because I think yes it is very much will be used for this that's why it is also prohibited in many countries like me and is iillegal. Actually it will ultimately depend on the user. Anyone can use it for good, while others may use it for illegal means. Since Bitcoin is not traceable, people may think of using it for illegal activity since they may get away with it. |
|
|
|
|
Show Posts
