Small amount going to make small profit, but if that is the amount you can afford to lose then go for it, the bigger is better for investment and there no limit for investing, it is just the amount you willing to spend to look for profit.
we can always start as small, maybe we can re-invest the interest earned until we reached the desired principal, big capital is hard to produce unless you are rich, that is why rich people get richer a hundred times than the small time investors. lucky are those who has a huge capital to invest. Yeah there's nothing wrong with starting with a small amount. Of course you won't be aiming for big profits immediately. There will come a time for that. Little profits could go a long way but the experience you'll acquire is what's going to be more important. |
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No electricity - no network bitcoin. And this is another important reason why now bitcoin is not ready to become the main world currency. It is in such cases, as it is written in your post, we say "thank God that we have the fiat money."
Perhaps in the future the technologies will achieve such development that we can exchange crypto-currencies at any time and in any situation, but now this is impossible.
yes, I am sure that in the future, when the technology grow and bitcoin is already known in all country, we can use cryptocurrencies in any conditions. and I don't think that the electricity will just stop because if it happens, then everything will stop too and we don't have any chance to see the new technology will come out and the worst, we can go back to the old times. OP basically just asking "if" something goes wrong like the electricity gone or such, however the core of technology is electricity as you said and I dont think that theres an alternate to this, maybe we can find the alternative source of renewable electricity energy but not the alternative of electricity. If electricity is gone, it seems we'll be back to the primitive age again. Well that's why there are other alternatives that are being developed which is more sustainable. We all know that all things digital can't run without electricity for now. So for a simple answer, you can't trade without it. But we can harness natural energy to power technology. It just may take a little more time. |
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I prefer bitcoin because it's the base coin of cryptocurrencies where one can trade any alt coin to bitcoin. Bitcoin is also the most volatile cryptocurrency of the cryptoworld that's why it can double or triple your gains in just an hour or two.
There is no doubt in this thing that there is a huge number of investors who are investing their money into these coins and that the only reason because of which so many people are investing such a huge amount of money into it is to is that doing so have made them able to make such a huge amount of money and that they are really enjoying this investment and they will keep on investing into it future as well. Well technologywise, i think etherium is more advanced than btc. That's why many companies prefer using eth platform and smart contract than btc. Though for majority of crypto users, bitcoin is, and will probably always will be the main crypto preference since everyone started with it |
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I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
We as individuals cant do much if people results to selling their coins out of panic. And yes panic selling can contribute for the prices to further go down because supply is going down but lesser demand. It doesn't only contribute but it's basically a main factor. It's the opposite of fomo, which also contributes to a coin's value pumping up. These are factors fueled by people's emotions which can be really hard to control. |
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Crypto is such a large railway station, with so many trains that you can not travel at all. It remains to study the station itself and try to grasp the constantly passing trains.
and I think that for example the etherium is not the last crypto miracle that we will see.
strongly agree.. I think learning about crypto world its self is more valuable than getting big chance bitcoin investment. knowledge and skills can catch chances that won't give more chances to say "you missed the train". Skills and knowledge is the best investment that you could ever have and don't be frustrated if you missed the train because with your skills and knowledge then you can still make a lot of profit that is equal to that profit that you missed in the train so it is better for you to be patient and just let the things happen because everything happen for a reason. The thing is that, bitcoin isn't a single train if want to see it that way. It's probably a rail road track with trains leaving every once in a while. If you weren't able to get in on one, there's still is a chance to catch the next one. Same with some other alts that seem to have moved forward already. |
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It's really a very tough time for them especially when seeing your investment shrinks to almost 80%. It needs time to recover all the loses but if they just really have the faith and courage to hodl their bitcoin, they will eventually recover in time.
Tough or not they made at that time call for buy and we saw that price went down,many were in downfall cuz of this but believe that they will recover there losses in time. We see that price is going slowly up and this may be good sign for everyone and if they have patience they will recover losses if not then they will try to cut some losses. Well, we learn the hard way. This'll be a very good lesson if ever they decide to stay in crypto. Even if the price is going up, there's still a very long way to go and there also will be a lot of corrections before they can break even, so it will take a tremendous amount of patience for them to recover |
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We need to make the right decision before getting into this situation. When you buy high and sell low you will not gain any from this, you shall hold it first and wait for the right time wherein it will gets high also for you to get what you buy. This is the risk of getting into electronic currencies.
Well i don't think anyone intends really to buy high and sell low. It's thr effect of how they react to the market and how they let their emotions control them. Effects of inexperience since the longer they stay here the more it'll be corrected. |
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It is very important to be the bitcoin value increase more and more. The bright future of the bitcoin is increasing day by day and the income of the bitcoin will give the high profit if we will invest the money in it, the price of the bitcoin is being appreciated by the people who want to make the bright future with the bitcoin and the income as well. Bitcoin never stopped dominating the market.
Ugh i don't know about that dude. Of course it's the pioneer and it's where all alts are basing their value but btc won't be invincible forever. And i don't think that's a bad thing. There probably will be a transition to another top alt once btc loosens its grip at the lead crypto. But for now, of course btc will be dominant, probably for the next couple of years |
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I also think that way, that paper money is better than crypto. The reason is because my country does not accept payment using crypto. So paper money looks better than crypto.
Well, this is a real and accurate thing, crypto can not be compared to paper money because the support from the government is very low, and it is only a field born in recent years, it does not create the necessary credibility for everyone, the number of people who care about crypto is still a pitiful number. While the number of people using paper money is overwhelming, in addition, the value of paper money is almost fixed while crytpo is changed, it makes people feel very uncomfortable in the transaction then feel depressed in the process of waiting for confirmation I think the factor of support from the government is also very influential. when the government does not provide any legalization to the crypto. of course only a few stores accept bitcoin and that will make the lack of interest of people to use crypto as a means of payment because of the limited merchants who accepting bitcoin. that's what makes people prefer fiat Well information isn't distributed well enough yet i think. Negative news about bitcoin and how it's perceived to be a bubble or a scam are making more rounds than the technology that bitcoin presents. That's why most people see it in a negativr light. |
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Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
Honestly mate, i did buy btc for a good purpose like other did. As what we all encountered btc is good to buy at this point. On the contrary, low btc price will not attract new people but the ones who already know how the buy low sell high system works. New investors will be drawn when btc is soaring and would probably make the common mistakes people did last december. For us holderd though who've been used to the market movement, then it's a chance to stock up more btcs |
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Youtube have not make television to go into extinct. Youtube and television are existing together. In My country buying data in order to have access to internet is very expensive so most people do not watch youtube. The bank and bitcoin will always exist together because most people have not embrace bitcoin yet.
Bitcoin and banks respectively has its own unique feautures and they have financial benefits in their own ways although one is better than the other when it comes to financial gains and that is bitcoin. Though banks has proven its value over times , bitcoin is still shaking their industry and that is something they have to work for. However, this doesnt mean tha the two can't work together bcause in every business there is always a give and take situations. Well times are changing now. Youtube didn't make tv go instinct but the internet certainly made the use of tv a lot less than it was before. You can download television shows and watch it at your convenience whenever you want through the internet. That's likely how it will be for crypto and banks. Of course banks will not easily be devalued, but as the digital currency market grows, expect more people to jump ship |
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Although these predictions look good but that doesn't mean that it is true or that it will happen according to the way that people have said it, we are already going into the third week of April and still we haven't seen a price increase past the $10,000 mark. We all have to realize that no matter how hard we try there will be no way to predict what will happen to the market or where the price will go at a particular time.
Indeed, prediction not always good it looks. I am believe that bitcoin price will rising again and reach highest prices and hopely that prediction happen because if bitcoin price soar end this year, it will increasing other altcoin price and incrasing market cap value. many people predict that bitcoin will soar by end of this year. actually we can only predict, it applies when a lot of positive news about bitcoin so many investors are buying btc. but i think starting to Q4, btc price will be seen rising Well believing in predictions will probably only break your heart and disappoint you. I know most of us are already aware that the movement in crypto market can't be predicted entirely. Expectations will only make losses hurt a lot more. |
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Is Satoshi is dead,If not where is he now and what is he doing right now..Bitcoin price is down sharply. Can he do something?
No one really knows if Satoshi Nakamoto is still allive or dead and what is he doing right now because he is anonymous. About the value of bitcoin today, i think Satoshi cannot do anything about because there are countries who already banned bitcoin that make its price drops. This is incredibly a hard question, because of its pseudonymous identity. Nobody has the idea if what his/her status is, where he/she is, what gender, if he/she still exists in this earthly world or whatsoever. It's really vague and enigmatic, but no matter what, being grateful to him/her, doing our part as a team for Bitcoin's prosperity despite good or bad market condition, sustaining its dominance, keeping its system strong and healthy are the best actions we can take to have it stay longer. Journey must go on. Satoshi is still nowhere to be found and unidentified. Despite its mysterious existence it has contributed so much in every peopIe's lives and the society. But I guess the search has to be stopped, it's not important to know his real identity, it's been long over due. What is important is to be thankful to him for bringing Bitcoin in our lives, and for those who truly benefited, trust and believe it. Lol. For all we know satoshi nakamoto isn't even a living person. I don't we should even be wasting time trying to figure out where or what satoshi is since it really won't matter. If he's a real person then i'd doubt he'd surface and we'll know who he is. |
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Best way is the invest in the crypto currency like BTC i guaranty it
For me I will save for the half of it for my personal and emergency needs and the other half was plannable to invest crypto currency. The problem with free money is that we don't consider it in the same level as the money we worked hard for. Since it's free, it's easy for us to spend it in unnecessary expenses. I think we have to realize that money is money regardless of how we got it. Then we'd be able to manage it responsibly. |
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I will solve it by installment. For example, suppose i have a debt of $1000 to four people and my monthly salary of $500 then i will repay my debt of $70 to each person and the rest of the money is in use for everyday purposes, it is done every time i get a salary until the debt is paid off .
Yeah i think the importsnt thing anyways is that you're doih something to pay that debt off. Of course it will be better not to borrow money and just live within your means, but there will be situations where we'll be left with not much of a choice. In those cases, make it a priority to pay off. |
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thanks to this explanation, indeed now many emerging airdrop and bounty new scam, and I have encountered it, and with this more be more careful again in joining the airdrop and bounty.
As a beginner,you can still earn without risk.Yes you are right that somehow some bounty campaigns are scam so you have the right to choose which bounty you'd like to join.Be sure that it is legit.Research before sign up for a campaign. following the campaign does not require capital but actually follow the campaign also has a risk that is. if wrong in determining the projeck that we support will make us loss in time because do not get payday For a trader, it is not possible to avoid risk and loss in his journey but for someone who has decided to invest in crypto currencies and just hold it for a long duration of time, I don’t find even a bit of risk in this. Holding bitcoin or any potential coin is a certain way to increase the capital and the longer a person keeps his digital asset with him, the better would be the results. Well participating in a bogus campaign will utterly waste your time that you could've spent for legitimate paying campaigns. That's why research and study is important. It's already a risk in itself there. Not only for traders, even for miners and bounty hunters there's always a risk. |
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Bitcoin is the largest coin in the cryptocurrency and for sure it will recover in just a matter of time there are so many people that are hoping that ethereum will recover too the original price of it is like a thousand dollars but now it is down into half.
Ethereum is not an exception at all, just like other altcoins it is all the time following the trends set by bitcoin. When bitcoin will show some handsome increase in value, definitely ethereum will too. This is why even the investors and supporters of altcoins are reading about bitcoin and studying its graphs in order to predict the pumps of their coins. I am holding onto my beast so tight because it is going to get out of control in the future. Well we're in a recovery stage at this point, that's for sure. Though thr losses that people had the past few months have been quite heavy that many still haven't broken even. It's still early guys so relax, probably our time to take profit would come third or fourth quarter of 2018 so hold your horses. |
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Since last month bitcoin is prices is good and improving the price value of bitcoin now at present time bitcoin is traded at $8,282 which is much better than last month price of this currency and the trend is good bitcoin is achieving the people interest and soon bitcoin will be legal in the world then the features of bitcoin will be open to every one.
It is not exactly since last month. March was also a month of crash for whole digital market. Bitcoin started to move in the forward direction in the present month as April was predicted to bring a little happiness and calmness to the investors of bitcoin as well as altcoins. However, it is not predicted to be the time when all the coins will set a new peak. For that, we need to wait more. Well so far it had been a good start for quarter number 2 as obviously we're a little bullish not only for btc but even more for the alt market. Though this doesn't mean we'll go all the way to 10 or 11k. We will or we won't, that's still to be determined. |
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3 months ago, one of the biggest Turkish exchange owner had kidnapped and forced to give private key of the cold wallet. Kidnappers stole 150 BTC. So this news is not the first physically stolen Bitcoins via force. I am sure there were some other robberies too.
Yep, kidnapping in order to knock out private keys is a very common practice nowadays. It has happened before, it'll happen again. Yeah and that's unfortunate but i don't think that'll likely happen to normal traders like us since it would have to be really random for these criminals to pinpoint our identity. Owners of exchanges can have their information posted so they'll really be targets |
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Well despite it's volatility the price of bitcoin keeps on rising every year so the amount you are saving is going to go up every year and you are gonna make money in order to cover the value lost due to inflation.
Well that's if you xan afford to stay puy during dry season. It's importsnt that you undrrstand that your savings aren't supposed to be touched unless it's completely necessary. You do that to your btc savings and for sure in a few years you'll have growth in your savings |
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