If i'm in your situation, i will trade the half, and the other half will go for investments. But if you are bored of waiting to invest i will trade all the bitcoins to get money.
This is the best policy because it is good to invest and trade at the same time, relying on the trading only can make you get lose but if you will invest and trade in bitcoin you will surely have a lot of profit. It is not good to spend all money in trading it is risky and it is all about risk. If you are good at trading you will earn very high profit but if you will not invest your earning will be low. |
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I think the reason that people are selling their bitcoins is not as complicated as it seems it is that people just need money, and in the current situation I think people are just afraid that bitcoin might fall very much
It is very fine statement because everyone has the different situation and different need for selling bitcoin. if a person will sell bitcoin at high price you will see how fast bitcoin will give return, as you said people sell for the need of money so it is not good to sell the saving of bitcoin just for the sake of small demand and need of money but yes if they are having a very critical situation they can sell bitcoin for money. |
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I think if you have time and good instincts, trading is way better than investing. But if you a white collar worker, you don't have enough time (probably) to follow the market and make the right move at the right time. So in that case investing is better.
This is the main point that it is not easy and it is full of risk. It is hard to buy bitcoin and lose it in the gambling as you said people can earn even one bitcoin in one night but the point is either we can earn or lose in bitcoin, so if we will hold bitcoin we will earn profit and will be able to make the future secure even without lose because we know the bitcoin price is increasing and it will grow more in future. |
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I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
Actually it depends upon the conditions of the trader who want make profit and loss According to the amount of the bitcoin he has . According to me if a person have 1+ btc then ofcourse he should do day trading Because with 1 to 2% profit , he will make much money in the one day . But if a person who have very low amount of the bitcoin/money then he should go for the trading for the small coins investment which are currently down by price and wait until the price of the coin increase . So here another factor is also associated that is the patience that a trader should have . Here we should not forget that trading is a unpredictable job where profit and loss are part of trade , but day trading is more risky . This decision of choosing in between day trading and holding entirely depends on the skill set of the person. If he is having good expertise in the world of trading, then there is nothing bad in going for trading. On the other hand, if you think like you can keep yourself in your control, then holding is also one of the best way of making money. Day trading and holding both can help you out in making some good amount of money. |
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I think it's still needed cause there are very few place that everyone can use Bitcoin directly for payment cause Bitcoin is not legalized worldwide so for almost people all over the world they still need to exchange Bitcoin into fiat if they want to use it to buy anything or pay for bill.
It is just a matter of time. Technologies are more adapted faster in some places than in other places and it totally depends on how willing and ready the governments of these countries are to accept or legalize it. We have seen some of these situations in the past even with internet, smart gadgets and so on, same thing applies to bitcoin just that this one is a little bit different as it disrupts the monetary system. Over time, things would change and even without legalization, exchanges in conversion to fiat are still operating in some places. There comes number of occasions when you have to go for converting of any of your crypto coins into paper money. It is because of the fact that still there are not so many places all over the world where you can buy almost all the things by using your crypto coin. So, most the time you have to go for converting your crypto currency into paper money as you do need paper money for meeting your daily based needs. |
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The risk of holding Bitcoin is nothing. Bitcoin always grow up in the future. Therefore, if you hold it for a long term. You wont have risks
everything has a risk , don't be so overconfident like that if you won't get hurt later. even though you have a plan to hold your bitcoin for long term there is a risk for you to change your mind in the middle of the holding process because of bitcoin volatile sometimes it got crashed and you think it won't get recovered as the crash was too deep. We cant never know what will happen next, bitcoin volatility is way too unexpected so we should always have a plan since a huge pump may result to a huge drop, whether we wanted it to keep for long we dont know when we will use it or need it, so whe we already see our advantage then we should not be greedy we should be contented at some point so will not regret too much later, why no divide the earnings if still unsure on holding it. hard to accept the fact people will always being greedy in this kind business , why? because how easy and instant making money without have to do a handwork. well that is why it called as an investment isn't it? and that is part of the risk too . you should really understand about that otherwise maybe you will only suffering bad things instead the good one in holding bitcoin. Exactly! It is you who has to make the right decisions and that too at the right time if you really want to have something good out of holding of bitcoins. Holding of bitcoins can no doubt help you in making of more money as the market price of bitcoin is rising significantly with each passing moment. Things can go wrong only when you lose control over your emotions and that too at the time when the market price is falling down. |
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Assuming I can gather 500$ a week from here and there,how much exactly should I invest.
I'm not that greedy and there is no time constraint.
500$ is not a huge amount to start big deals in trading world. But if you can earning this amount weekly and investing at least its half or a bit less in Bitcoin and the other amount in promising altcoins and ICO's projects, I think you will get some profit. Agreed! The current price if bitcoin is 12k$ which means that investing this much of money will not even help you in getting 0.5 bitcoin. It all depends on your income as well as the amount of money you do have in your account. If you are really interested in investing your money into bitcoin, then you need to invest somewhat around 60-70% of your total income. This will help you in having more profit in return. |
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It depends upon how you save your money or how will you invest it. But for me, it is better to invest your money on something you know you can earn more than saving it in a bank. You can earn money in both without doing anything, but there is greater opportunity in investing.
Agreed! Investing is the only thing which can help you in having more money as compared to that of saving. Saving is also a good option as it can greatly help you at the time of need and it is really a good habit to save your money. The fact is if you want to have more money, then the only possible way is to take out that money from your account and then invest it in some sort of profitable business to have better living. |
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That made Bitcoin's price drop dramatically. Although you know it, you do not sell but there will be a lot of people scared and they will sell. This made many people dumping, and the price of Bitcoin was falling. At that time, for fear of losing money, you also have to sell. That's the crowd effect and it's hard to avoid when someone wants to make a dump
There are people who are scared of the price dump, maybe they are new or they just don't understand the nature of the market. People who have big patience will survive here, so always learn from your mistakes so you will not easily panic and loss the opportunity to ride on a great investment. Exactly! There are few things which you need to control. The most important things amongst all other things is to refrain yourself from such kind of things which can result in panic selling. Panic selling cannot add any useful thing. In fact. It will only result in loss of money as well as regret for whole of your life. You need to keep a very good control on your emotions especially at the time when the prices are falling down, else you will suffer. |
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bitcoin right now is the great because the price of bitcoin always move ecery second, its makes that it is possible that bitcoin price will going up, but you need to know that if you start investing now you need to ready to receive the risk if bitcoin price is falling down
At the very present moment, both the coins are really making a very good name in the market. The market price of both the coins is increasing significantly and people are busy investing in both of them. It is your choice like which coin you find more feasible from investing point of view. I think of ETH as the best choice for day trading. While for holding or long term investment, you can put your trust on bitcoin. |
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With Bitcoin falling so much this week/month, do you think it's a great opportunity to buy in or time to cash out?
Bitcoiners are on panic buying new because of the quick price increase of today. Of course everyone wants to have a savings now of bitcoin just to wait for the higher value of bitcoin. Bitcoin now is very interesting. Everything is all about bitcoin so that this Will become powerful and everybody lives in a cashless society.EveryOne is getting the attention of bitcoin.That is about to get rid into it. If you really want to sell your bitcoins, then you can sell them at the very present moment. It will help you in earning of some good amount of profit. But if you keep on holding your bitcoins for some more period of time, then there are chances that you can get eve more amount of profit than what you are getting right now. I think of tis time to be the best time for holding your bitcoins in your wallet. |
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Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?
Trade failure is caused by several factors. The main factor experienced is none other than the fear and panic of the market turmoil I usually try to be calm in everything, and train my body to not be affected by the circumstances.It will make me ready to face the worst conditions in the market In the world of business or investment, the worst thing which you can do is getting panic. There comes certain occasions when once find himself in such sort of situation but the thing is we actually need to manage ourselves at that time and we need to take our emotions under our control. Otherwise we might end up losing our money and this will result in nothing but regret. Try to develop thins habit of remaining calm in any sort of situation. |
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I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?
Invest 50% in bitcoin and 50% in any altcoins. Though we have price fluctuation, a healthy grow stand still for bitcoin. Coinmarketcap.com confirms that so many altcoins have good growth. Neo, Litecoin, Bitcoincash, Bitcoincnn, Monero and etc. Both will certainly earn you a good return. All the best. For me, it is really a difficult job tie manage more than one coin and that too at the very same time. If you will invest in multiple coins, then you really need to do lot of extra work. You also need to study the market behavior of both the coins. In my opinion, it is better to invest in bitcoin if you are planning for longer term. On the other hand, if you are interested in trading, then altcoin is better choice. |
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Yes, i think is very good idea because to me investment in the media can help making cryptocurrency much more popular and a lot of people will benefit from it so we can all benefit of that if that happen, many people can have that benefit.
It all depends on your own self. If you are in a position that you think investing in media will turn out to be beneficial for you, only then go for investing your money in media. There are number of media channels all around and the competition is really tough. You need to do lot of work in choosing of the right place to invest your money in the world of media. Otherwise, you can also suffer some loss out of your investment. |
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Bitcoin is rising too fast. It is not normal. How do you think?
I predict Bitcoin will fall at 7k on December
You can't be very sure and certain of Bitcoin falling in December. Even though there are so many speculations on the internet, I don't have any grounds of predicting a fall in price of Bitcoin come december It’s totally opposite statements in December bitcoin price will be on top and even now bitcoin price is going to high and there is no doubt that end of the year is a head and same like last year this year bitcoin price will make a record and a lot of users are waiting for this moment including me because I keep on hold a lot of bitcoin for this time because I knew that end of the year bitcoin price will go high and once if go to high hen I will sell it out. |
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Truly bitcoin isn't dead , why? Look the bitcoin value its $1,034.45 per bitcoin. Bitcoin now a days have all the more capable and this year it will turn out to be more strong to the world. I trust cost will reach at $1500-$2000. So purchase more bitcoin and hold up half a month or a month and you will stun in view of the cost and you will be cheerful in light of the fact that you make huge enormous benefit as a result of it. Try not to state the bitcoin is dead .on the off chance that bitcoin turn out to be dead many individuals likewise dead why? Since many individuals the occupation is bitcoin.
No bitcoin is not dead its still alive and when any currency become dead so it lose its value and it stop growth because bitcoin is alive and day by day it’s going to move forward and its price is also going move forward so which mean bitcoin is alive and still it’s going forward and I believe it’s a sing of alive so I will request to every one please give your positive comments about bitcoin because did a lot of for use and still want to help us. |
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Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.
Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit and keep it for the future.
I dont think that bitcoin can actually do that because as far as i know the bitcoin is not yet known worldwide maybe many people know about bitcoin but not all of us. So thats why i dont think it can happen. And for me not all people can access bitcoin. Yes I think it’s possible for bitcoin to do so as we know that bitcoin have already replaced some other crypto from market and still it trying to do its best because in many countries bitcoin have reduce unemployment and it also want to end world poverty so I think to end world poverty bitcoin need some time because it’s a very big challenge to bitcoin to end world poverty but I believe bitcoin will do it because bitcoin is now very strong than ever. |
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My plan at bitcoin today, I will invest and buy a bitcoin at whenever the price of bitcoin is so expensive. And I will collect the tokens with joining bounty campaigns and when the token value is high, I'll sell it immediately. And now I am gathering for the coming Christmas and hoping that the price of bitcoin will increase for my profit when is high to sell in our currency. And I will build a simple business to earn more.
Well it’s not boring being in the bitcoin now because it is now getting more and more interesting. It is good to hold the bitcoin for the long time as the market value and the bitcoin value and the price is now getting high, now a lot of the high level investors are investing in the bitcoin and they are earning from the bitcoin. If you are buying the bitcoin today and then selling it at the high price will give you the bright future because hold bitcoin will make the money gold. |
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Btctalk name ; doomloop
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