why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
I believe that saving bitcoins is better. As it's prices are skyrocketing. Bitcoin is become a major investment plan in last few years. It's global currency, There's many advantages of bitcoin that's vey helpful to our daily lives. That's why bitcoin is the most know and most valuable digital currency in the cryptocurreny world. Although the fee per transaction is quite high, this is the biggest disadvantage of btc. The biggest advantage of btc is that users can sit in one place and still be able to make transactions easily and make a significant profit.easy transaction. It's price keeps increasing and increasing. If you have bitcoin or invest in bitcoin your money may double or triple. You can use bitcoin as a mode payment. There are a lot of potential in the future therefore we have to invest now, anyone who understand the potential profit bitcoin will bring to their investment will not hesitate to put their money at risk, it's risky but the reward is extremely good so it's worth taking the risk. The higher the risk, the higher the profit, it is the rule for any marketplace and any investment form on the world. Bitcoin is just affected by this rule and you can take advantage this theory to make profits from Bitcoin. However, can you ready with the risk of this market? It can makes you lose all you money if you are not careful. |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
Yes I do believe that bitcoin reduces unemployment and makes people financially strong. It ultimately leads the economy to become more stronger. Bitcoin provides many ways for people to earn money firstly, one can Join signature campaigns where he or she has to post on relevant topics and then they are accordingly paid. This is just like getting employed at a company where one has to devote his or hers time and energy and is being paid in return so ultimately This makes a person more financially strong and Provide employment leading to decrease in unemployment. I dont think soo that a certain individual would become financially strong on just by joining signature campaigns if we do try to look on the amount you do earn on campaigns it is just small to consider but yet there are more other jobs which would really give you big income but this would really be on skill based.If you do have these capabilities then this online world would be the sweet spot for you to earn big amounts. Yeah, the salary from signature campaign never help you can change your life, even it is not enough to help you have good income for your family. The signature campaign always unstable, you can see there are many members at here, but number of members getting accepted from manager and go to work is just small numbers. |
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very well, yes! trading is very risky no one knows if you are in good or in bad. you have to be aware on what will happen soon. trading is gambling that allows you to be a person who want a good profit but not at all. just trade what you want to lose.
Never mislead trading with gambling.They are different terms. Trading has a lot of features and can make you rich person if you know what you are doing.Gambler are looking for easy money but only experinced punters get good profit.Trading requires experience and skills to understand correlations between markets with charts. yes it is and according to all the experience and knowledge we cannot deny the fact that trading is a unpredictable job. we just have to have precision in the account for the price of coin. when those prices rise and when prices declined coin. we cannot predict the future of any coin. we just predict its future by seeing its potential or its previous performance and what happen to its future exactly no one can predict. We just can use technical analysic to check the history chart price and calcalate the average of every cycle. Because in the market, any cycle has a scenario. Therefore, with some tools from technical analysic, it can helps you know the next move of the market because the whale (the mover) can repeat some scenarios. But remember, it is only predictive. |
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Bitcokn price is 6000 dollars and for sure it will continue to increase more in the future and maybe we see the price of 10k dollars next year not this year . Sometimes the transaction fee in bitcoin is small but its always high and I hope soon it will become lower because if the price increase the transaction fee will be low. More bitcoin more money to come so invest now.
Very honestly it is depending on the interest of the people, if peole are intersted in bitcoin then i think that the price will continue increasing, but i think if their interest is diverted to somewhere else then i do not think that its price willl continue increasing. Luckly the intereste of the people is still toward bitcoin and even their interst is incrasing from time to time, they are not even ready to sill their bitcoin but cotniuously holding it, because they are sure that after few years bitcoin will be more worth than its present value and they will even get more profit from bitcoin investment. In the past few years, more and more companies have started accepting bitcoin. But then, the unregulated nature of this currency make people hard to predict when its price continue to rise or when the bubble will burst. Some analysts believe its price will continue to rise over the next few years following its recent split into two different cryptocurrencies in an event known as "hard fork". I think this bitcoin could only goes up when people never tired of using it. Hard Fork just helps Bitcoin improves its system and solve some problems make it can confirm transaction faster than before hard fork. Split to two chain (Bitcoin and Bitcoin clonned from fork) is the option of some miners do not accept old Bitcoin after forked and want to create new Bitcoin. Do you think it is good for Bitcoin community? |
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Bitcoin price is constantly changing which implies we shall never have a final price but just like everyone out there we have had predictions that bitcoin could go as high as a million dollars but I think for my generation anything between $50k-$100K will be possible as long as demand is there.
100,000 dollar is possible for the price of Bitcoin in future. I think with the limited supply as now, Bitcoin can reaches to that price if it does not have any change after its value increased. But I doubt the government will be the enemy on the road growth of Bitcoin in future. It is not what anyone can guess. It might get above $100,000 or below, but we will just keep making predictions as we cannot see what the future holds yet. However, being optimistic is good and if all things should work pretty fine and adoption gets massive globally, $100,000 for a bitcoin may just even be a start. Which ever way the wind will fall, no one knows! Nobody knows! They say when the demand already reached it supplies ,which we hope by that time we save a lot since it might be x100 of its value now or greater. We just need t earn and save mre now and let btc grew. Actually if you believe that future will become the truth, why do you not spend your time to work hard and earn more Bitcoin? We have not much time to predict that future, that is the reason you must to save your time instead of worry about the price of Bitcoin in future. Yes, it's good to make use of the opportunity as the bitcoin is expected to make a big change over the world. As one among the user stated, there is nothing like a final bitcoin. Once the final bitcoin gets mined, it'll get circulated along with the rest of mined coins. The price is completely on the basis of circulation happening around the Market. Actually, the worth of financial BTC is unpredictable but as of now I see it continuously growing due to the hardworking people trying to work hard for it. The value of BTC is dependent on community participation and as more user chose to invest, the miners also work to increase the worldwide supply. And the miners also the people decide the future of Bitcoin, they are people have power can make Bitcoin hardfork or not. If they do not accept old chain, they will start to create new hardfork as in August and next time. |
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Bitcoin technology can affect in financial system of any country.But there are a lot people here who are aware and part of bitcoin, yet no negative thoughts about it.
The negative of bitcoin does not come from its origin. Conversely, it comes from the way we humans use bitcoins. In fact, bitcoin is the most transparent and cleanest currency, however, humans have used it for many bad purposes, so it is stained. Yeah, honestly we can not blame the nature of Bitcoin or any currency. All things is by the user, because the user are bad guy, it also make Bitcoin become an evil tool for them. If the world have not them, all things are clean. |
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for me is not sure if the bitcoin is the biggest money in the world but the ones I'm basing on are much better in bitcoin than I know if those are true and I also read in your opinions you agree that bitcoin is the strongest money so no one can say right now that bitcoin really is the only answer I have not really really sure ....
according to my opinion bitcoin is the highest currency in the rate because i have never seen such a currency whose value is equal or greater than one bitcoin which proof that bitcoin is the highest in rate in the whole world while it is not strongest currency as compare to other currency like dollars etc. Not only Bitcoin has value higher than other currencies normal, here is the cryptocurrency world, we have many other cryptocurrencies different Bitcoin (we call these cryptocurrencies are Altcoin) and also have high value. Some top coin as: Ethereum, Monero, Litecoin, Dash, ... or even shitcoin still have high value than Dollar or Euro a lot. |
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We are approaching a future where internet will dominate this world, and what is the best approach upon payments in the internet? Cryptocurrencies right? Why? Because as of now it is the fastest, the most available for all citizens, cheap, and somehow one of the most secured if you handled it right. So for me bitcoin and other cryptocurrencies will dominate the internet. But if you are thinking that somehow it would replace your local currency? I don't think so, because they have their own advantages and disadvantages on their own field.
We are living in an era the time is all, waste our time = lose anything. So, internet network is a great tool to help us save more time and can work fast a lot. Even, I can say it is the best invention in the past 100 years.  |
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I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??
Edit: If you are wondering at what price, i sold at $5720. I bought Litecoin with ithat money.
good choice I sell my coins too at that price. before it goes under $5400 and now it came back around $5700 so we're getting a good result. I'm waiting till the fork affect the price of bitcoin and then gonna buy again at low price and wait till bitcoin reach $7000 then sell it again basic trading.  Yes that was the good price to sell your bitcoins as you made good profits from it and somehow I missed the chance of selling at that price but as of now the price is again above $5700 so thinking of selling some coins at this price before its too late as price may fall after the fork so that would be a good time to buy some more coins at lower price. You can miss the chance to sell your Bitcoin at $6,000 or higher than, but I all agree with the decision sell your Bitcoin at $5,700. It is enough for you and you do not need to try more risk with $300. |
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Yes $4K is the perfect time to buy bitcoin. The problem is when, we don't know it happens. I think it's a loss have to wait while we want to invest in bitcoin.
Now the price goes down, so maybe we'll soon see a good price again for the purchase. But, I would not like to see how my capital decreases. So I want the price to go up Although you want the price of Bitcoin raise more and others also want that, but if the whales do not want the price of Bitcoin raise, you can not change the fact. However, you are lucky, the price of Bitcoin has bounce again to $5,500 after dumped near $5,000 price. |
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It is much better to invest money then to save it, because in saving you will likely have small or nothing as interest on your money, but in investment you already can predict you profit if all things being equal and in good business condition.
But when you want to rested, save money always support you feel comfortable than use your money for investment. You still young, so you do not know the elders are very tired when they have many year olds. |
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In any investment there are risks. You invest your money without knowing the final result by 100%. But many risks and consequences can be foreseen. You need to understand the technologies, processes, subtleties and ideas of what you are investing in. And never neglect all means of security.
The risk is sure big so we have to understand the risk to minimize, although the risk are big but if our trust is always big then we will not worry with our investment as for sure it will generate a great income in the future. We do not see the future but we believe the potential of bitcoin that is why we are risking our money. That is right, you can try your risk with your money if you have a faith in Bitcoin. I advise you should not change your faith by someone, they can not help you after their advised were wrong. That is the reason I do not join many groups trading, because it can affects my opinion. |
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Yes it could be possible,right now there are too many cryptocurrency that makes its appearance to the bitcoin world.There is an a!tcoin that is threatening bitcoin, even if that coin is very young or that coin is just starting I think it can be really a big problem to the bitcoin.Aside from the ethereum's rapid growth the altcoin helps too many people also,so that is some proof that it can replace bitcoin.But from now it's bitcoin that is the general coin that is used,so no one can ever predict.
Of course this can be possible as we know about altcoin is that altcoin is becoming popular in the market and people started investing in altcoin instead of bitcoin because altcoin show to the people a new project and we know people love the change and I am sacred about bitcoin now because if that happened continuously then price of bitcoin will goes down very quickly. Well I believe now a days here is a tough competition in world and bitcoin can also face any other crypto currency but when china banned bitcoin and the way it fight against china so I think bitcoin knows how to fight against any fork in his way so I think bitcoin is very difficult to replace by any other crypto currency because bitcoin has now a strong hold in market. It is not difficult to replaced by any cryptocurrency if Bitcoin can not gives us a stable system. Example, if Bitcoin did not solve the problem about transaction fee and time confirm in August hard fork and even, it has many errors when we transfer Bitcoin, do you think it will not replaced by another cryptocurrency? |
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Lots of people use Bitcoin so they don't have to rely on banks, so what's the point if you're going to use a bank anyway? Lol. But yeah, we are capable enough of protecting our own coins. There should be no need for banks.
Yeah, we can hold our Bitcoin and use it for loans through loans services or some exchanges support it. Of course, I know the risk of cryptocurrency always higher than banking system, but I do not want to put my money into any place, because it means I support Bitcoin become centralization. |
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To my view point if the bitcoin price falls it is good to buy more and invest for more betterment and wait for a hike, falling price can be taken as a positive one.I don't believe that the price will decrease too low in this present digital world , we can wait and see what happens next.
Falling prices is usually meant to be a good one. In as much as we do not want weaker hands, there is no way we can end up doing without them and that is when it is just perfect to buy into their fears. That is how I see it anyway just like you have said. Things are changing and time will come when it will start getting pretty hard to see very huge drops except few corrections here and there. But you need to have money in that time, even you can have chance to buy Bitcoin with cheap price, but if you have not money, how do you buy it? Therefore, management your capital is very important to avoid the situation missed a lot of chances buy Bitcoin at bottom price. |
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What are the chances of living in a world with no actual money ?  That is very impossible to happen. Cryptocurrency and the real money are very much important to all of us. Money are needed everywhere while crypto can be used but in a limited areas only. We cannot use our BTC without internet. That is right, in the countryside, you will not have chance to use Bitcoin because this place never has internet network for you. Therefore, the importance of FIAT still more than Bitcoin. Bitcoin needs to wait the world change more about enocomy and finance to digital era. |
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hm, people scam because they do now know anything to do in this world and they are not well-educated. In my countries, people are very lazy and they do a lot of things to steal people money, fraud them, blackmail, etc. And you do not need to have any knowledge to scam people.
Even my brother is not a poor people, but he still scam me more than $ 1,000 when he has chance and I had trusted him. Sometimes, a person will be scammer by its greedy and this person does not know that amount is not enough for its life forever but that amount can make its dignity become bad. |
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I think backing bitcoin cash will make much more sense, but if you are in it for profit basis then backing bitcoin gold will make much more sense as bitcoin cash have already got attention for being more profitable than bitcoins quiet a few times die to which bitcoin price have also fallen too. But bitcoin gold is a new fork of bitcoin and right now it is quiet difficult to judge that whether it would be a good investment or just another shit coin, if the latter than I would be very disappointed as I have arranged a few sources from which I have made a deal for getting bitcoin gold.
If you are having bitcoin cash as you are saying then it's quite great because it will make a good goal of your future while mentioned something like backing bitcoin gold then it will make more idea to more sense. The fact is that if you start the process of creating Bitcoin in cash, then the entire meaning and advantages of the coin as a crypto currency will be lost. To date, it is the Bitcoin digital coin that has a Huge potential and a great advantage among all currencies. But what will happen to the gold Bitcoin we'll see. I predict the price of Bitcoin Gold will be below $100 after listed on any exchange, even its value can worse than my prediction. I do not think we will see a Bitcoin Cash version 2.0 in today. Most of the traders are affected by the FOMO of this coin and made the price of Bitcoin increased to high value as now. |
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Easy to reading the past, but no one knows what will happen in the future, even just for next 3 months we do not know if bitcoin value is higher than today. For me, motivation invest in bitcoin is longterm.
Short term investment is not way to earn big amounts compared to long term investing opportunities. Higher timeframes offers more price fluctuation than short term trading prices. Short term is not for noobs but noobs can use demo accounts in order to improve their strategy. Short term investment still has two type is daily or scalping trading. If you are a day trader, scalping trading is not new for you. But the risk of scalping always highest, no trading type can compete the risk to this type. This type is also one of the main reason made make many trader loss many money . |
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Presently we are getting access to Bitcoin and every day more people getting the awareness of Bitcoin and getting knowledge of how much important is to associate with Bitcoin.
So there is no doubt about that Bitcoin is the new era of currency in the mode of crypto currency.
I couldn't agree more. With bitcoin's surge, probably more crypto based currencies like eth are sure to follow and that can only mean good things for everyone. A few tweaks probably so other skeptic countries like china can see the benefit more than the negative side. Not sure, although we have many tokens used Ethereum platform to develop their tokens, project but the fact, it does not mean we also will have many projects succeed in future. Too many shit projects, scam projects at here recently. So as my said, maybe only few trusted projects can succeed. |
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