is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Investing in bitcoins is very risky, given the unstable bitcoin prices. You have to leave half of your money to avoid bankruptcy. do not we just see in terms of profit only. But the risk of loss must be calculated. Because acts that are too daring without calculation are careless actions that only result in loss. Well first of all the question is why would use all you money in investment I think it’s not a good idea to do so that’s why I’m telling to every one before going to join bitcoin understand bitcoin first if you will invest you little amount of money here so it will give you a very good profit and your money can be double so no need to invest all of your money and even rich people are using all their money to invest so only little of your investment can give you a very good profit. |
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From recent news in India it is heard that bitcoins are used to sell drugs..I know its a currency and it is also used as a normal money... but these can create a bad space in people's mind that bitcoins are used to sell drugs..so they will not use bitcoins... Conclusion is that BTC is also a currency which is having a high value in the market..and bitcoins must not be used in these illegal activity which can reduce its usage and value.
Actually that is an old news. Back then when Bitcoin is fairly new, Bitcoin is widely use for illegal activities such as tipping for porn sites, drugs and money laundering. Because it is capable of hiding your identity or fully anonymous who transacts, it is prone in such activities. Bitcoin is not used solely for this but because of its characteristics as a currency, it can be taken advantage in doing so. That is also the reason why it is being monitored by the government. They can’t track and locate who makes the transaction though it is publicly published. If they can come up with a solution to this then Bitcoin will be widely accepted by any country. If bitcoin is using for some illegal activities so I think it’s a very bad thing and it must be stop and I will advise to bitcoin to fix this problem because bitcoin is here to help us in a good things not in a bad bitcoin is actually heeling humanity and those who are using bitcoin for illegal activities so a day will come that they will feel regret that’s why I’m always telling to every one before going to join bitcoin you must study bitcoin that why it’s here. |
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It is good to have a savings but better to an an investment. Saving money does not add anything to the owner and does not make any effect on the economy of a nation but when you good investment of money when the return comes your family will smile at you.
These are very use full for future and because if you keep bitcoin save for future so one day it will give a very good reward and if you want to invest bitcoin so its also a very good source of income and even it can make your money double so it’s up to you that which one you want to use but there is no doubt that both of them are very good to save and I’m doing investment here and I know how they are important for me. |
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Does Social Media Influence bitcoin growth?
Yes, social media is the main channel or a tunnel to communicate people. Through posting or sharing about bitcoin people will know and bitcoin will be known. Specially nowadays we are engaging in a hightech world people are communicating through facebook, instagram, telegram, twitter and other. So, by using this bitcoin will be known worldwide and that will influence also for bitcoin to grow. I think social media can play a very big role because now a days everyone they are using bitcoin and social media s one of the fastest source to do advertisement of bitcoin and I think it’s very important to use social media for its advertisement and if it’s started so bitcoin price will go more high and its users will be more increased because bitcoin is the only currency left in market who can survive for a long time so it’s a time to play a role for bitcoin. |
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There is no future for paper money, many countries are spend a lot of fund only for the maintenance of paper money. We should moving forward by leave the conventional medium of exchange to the new one. We ahve to looking for the better currency than paper noney.
It's not about the funds being use but the convenience in using it, if people will still use paper money then we can always expect that will continue in the circulation, it's the majority will win in the end and we know majority are using paper money. I think there is a very big journey still a head to bitcoin and when bitcoin is not going to be an international currency paper money will also survive and it’s very hard to replace paper money bitcoin need some extra time to be an international currency so paper money have its own value and it will work and I think we must respect to a paper money as well because when there was no crypto so everyone was using paper money and now it’s a time for digital currency. |
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dont need to do anything because the true is you can't do anything. just feel sad and fk up but everything will back normal. then keep working, trading
Agreed! There is nothing good which you can get in return by leaving everything. Once lost money can never be brought back, but you can work hard in the future so that you may be able to recover your loss. You do need to put in the best of your efforts so that you can get something more than what you lost. Moreover, learning from the past mistakes can really help you in making better decisions. No, if you will conclude like holding some big coins that are being dump hard soon it will cover all your loss. If you limit yourself in not recovering your money in trading then why would you still trade? Isn't it. First of all I’m playing bitcoin very carefully because I have a very good experience here and I know time and price are every important here if you understand these two things here so believe me you will never lose here because bitcoin always trying to push its users toward profit and in case if I face any lose so then stop to selling bitcoin and keeping them on hold and when I come to know that its price go high then I sell my bitcoins and start to take profit. |
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It is still growing, it will not stop soon and I'm hoping that bitcoin will change my life to the better as bitcoin's future is also bright as the years to come. It's better late than sorry guys it's not too late.
There is no one thing which some can say that it’s a turning point there are a lot of good qualities in bitcoin which make me force to join bitcoin first of all bitcoin price is very high and its transition are also very fast so bitcoin is very good in everything you can invest here as much as you can because bitcoin is very safe and sound for investment and you can also do on line trade here bitcoin is also very easy to carry with you self and much more. |
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Hey guys,
In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
Bitcoin is full of profit there is no chance of any lose here what is important here that is its price always check the price f bitcoin because bitcoin price really matter if you will not check the price of bitcoin then you can less lose here otherwise bitcoin is only profit two months before I did a mistake and one day I did not check the price of bitcoin and I sell all my bitcoins and as a result I lose in bitcoin and know I can’t forget that moment because that was my own mistake. |
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No it's not, it's better if you have sure money that you will receive every month. Specially if you have family dont risk their lives for your own sake. Once youre a millionaire the you can retire now.
I also left my job for bitcoin because when I was using bitcoin as part time so I always earning a very good amount and that earning was on daily base then I keep this process one year continuously and finally I decide to quit my job and now I have around one and a half year to left my job and believe me now I’m doing investment here which is something unbelievable for me so I think if someone left the job then I think he can left a job. |
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LendEdu commissioned a survey in November 2017 of 564 Americans who had invested in Bitcoin. While surveys have been done in the past to gauge the awareness of the general public about Bitcoin, this survey focused on American Bitcoin investors and their sentiments. We have come a long way from 2015, when 65% of Americans surveyed didn't know what Bitcoin was. The questions asked in the survey ranged from their reasons for investing in Bitcoin to when they would sell all their Bitcoins.
Today bitcoin hit 8020. Can we expect it to hit 3X end of this year?
Everyone have a different opinion and different strategy but it’s also a fact that bitcoin is going more and more high with its price so I think it’s a very good and positive perdition about bitcoin and I’m sure that it will happen soon so if they think it’s enough for them then its ok and some people have I limited wishes so if someone want to take its profit from bitcoin with low price so he can also take but if someone can hold for long time so he can also do it. |
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I think holding of bitcoin is better than holding od gold because its storage is practical, tax free in addition we can also easily to take it when we have a sudden need. bitcoin prices are also rapidly rising so we can benefit quickly.
Holding of bitcoin is much more better than holding gold because bitcoin will always give you profit and in gold you can lose any time any place if you buy gold today and even you want to sell god on same time so it will give you also and if you bitcoin and then keep it on hold so there is hundred present security that you will get a very huge profit from it so I will personally prefer bitcoin instead of gold because I lose in gold so many time. |
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Btctalk name:Blue Bell
Rank: Jr. Member
Current post count : 38
BTC Address : 1M3jAo4WPujb875oMbH4nai1qDQK7ncCcY
Wear appropriate signature :YES
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From the first i use bitcoin, i use blockchain.info only. I have wallet in xapo but i never use it.
Xapo is good also because it has card.
yes zapo wallet is very good i think as compare xapo wallet to another wallet it is very good and secure so and also you are talking about blockchain.info to me this wallet is not good and secure because the reason of blockchain wallet is that so one or two week ago my friend wallet hacked he loss his btc and i seen many people its was wallet hacked and i am worried now that why these people don't take any action about their hacked btc because i think 350 wallet are hacked so xapo is good.... |
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People scam not because they've got no idea how to make money but because they are lazy. Everyone knows how to make money. Everyone knows how to climb their way to the top of the social ladder. Everything is on the Internet nowadays. You can learn everything. Anything that you want to know more about is just one search away. People are scamming people because they don't want to do these things. They don't want to go to the normal route. They are stubborn to learn something new.
While there are some people just lack the motivation to try to learn new things, there are people that simply wants the easy way. Scamming people are easy. You only have to make them believe that you are legit. Make them think that the deal is good enough and that they should send the money first. There are also people that are actually enjoying taking advantage of people lesser than them. It's not a hard thing to scam a regular joe if you know a couple of things in deceiving people and manipulating them.
Regardless of their reasoning, I don't see myself going high in life in the expense of taking people down.
Actually when there is no job and people have nothing to do so definitely some bad people or fake companies will take advantages from these people and they take money from them other give some ideas to these people and they also start fake or bad things so in this kind of situation bitcoin is playing a very big and positive role in for these people because bitcoin provide a lot of good opportunity and you can earn from here easily. |
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In my country says that using bitcoin will violate state laws. The statement is not a prohibition against its use but a strong statement against the cryptocurrency. Stated by Bank Indonesia that Bitcoin and other virtual currency are not valid currency or payment instruments in Indonesia. People are encouraged to be careful of Bitcoin and other Virtual Currency. In cases where the risk of ownership / use of Bitcooin is borne solely by Bitcoin owners / users and other virtual currency.
First of all its not possible for any country that if something is going to take place in a country and that country intelligence don’t know about it and I don’t think so that in this world there will be any country where have no internet and to find activates about some these things it can be trace easily and bitcoin is also available on internet if you want to use it so they know very well that that you are doing how it’s going to earn. |
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Its very good task that why me choose bitcoin. Bitcoin is money and we need money to lead our daily life. And it also secure our future. I love cryptocurrency and bitcoin is the mother of all altcoin.
I choose bitcoin there is the only reason that in short time bitcoin can make rich any one and I’m one of the example of it because I remember when I was not a part of bitcoin so my life was full of problem and there was no money in my pocket since I join bitcoin my life become very comfortable and now I have alto of money and thing which was a dream for me to buy so hats the big reason that I choose bitcoin and hope you guys will agree with me. |
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Well if all your fund place into bitcoin that was wrong strategies you must have to save some cash for your daily needs too and you must have to give funds in your real time because not alk time bitcoin will become high sometimes it will become low price.
It is not good decision that you can place your whole money in one wallet because in life you should care about every second. So you need to keep back up some other place so if you can face problem form one place then you can cover it from other place. No I will not do so because I know about bitcoin very well from last three years when you invest your little part of money here in bitcoin so you can make your money double because bitcoin price is going to change very fast from low to high and it happen with me because I remember when I join bitcoin so there was very little money with me and now I’m such a good investor here because all this money I got from bitcoin. |
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Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
One of the reason why bitcoin doesn't stop rising is because the demand is also increasing and if the supply is greater than the demand then the price will decrease. Just like in the economic subject, the supply and demand is an economic model of price determination in a market. here's the link to know more about supply and demand and how things happen ( https://en.wikipedia.org/wiki/Supply_and_demand). Good luck.  Actually if we compare bitcoin performance with last year so every year is better that other year and this year was also much more better than last year because in this year a lot of countries have join bitcoin and in last months some big and rich countries make bitcoin legal which is a very good thing for bitcoin so its mean demand of bitcoin is going very high every day so when the demand go high then there is no doubt that the price will also high. |
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You can do eca. You shouldn't treat Bitcoin like just an investment it's also wise to trade it then sell ti for goods like people used precious metal back in the day.h
I want to be rich because every want to be rich and bitcoin is a very good hope to become rich and from that I’m doing a very good hard work because in this year I just keep on hold a lot of bitcoins and I was waiting for end of the year so there is no doubt that bitcoin price will make a record and then I will sell all my bitcoins and will buy a new house same like my friend and I know my bitcoins are enough to buy a new house. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
you have just mentioned SOMEONE so stands for individual.i dont see any effect on bitcoin really unless you said EVERYBODY that would make btc drops like a broken faucet.bitcoins is a dominant coins on all crypto currency and you think that simple matter will make bitcoin down?i dont think so Yes it’s true that bitcoin don’t accept panic because it’s a digital currency and its price is connected with market trade and sometime its price will be high and sometime its price it be low because if you stop checking the price of bitcoin so you can lose your money and I’m sure that everyone will check the price of bitcoin every day because it’s very important for traders and investors if you sell your bitcoins without knowing price so then it’s very hard to come back. |
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