Actually it is better to do both. Make sure you always have savings in your bank account and ready because you will never know when an emergency might come up and you need instant cash. You should also have investments too on the side, investments are what makes you money while you go about your normal life and daily activities. All you have to do is be patient.
Rich people never save their money. They always invest everything that they have so that they will become richer. As you can see, rich people are the one who willing to take risk. The more risk they take, the richer they might be |
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If I was able to buy bitcoin 2 years ago, $19000 would be a correct price to sell my bitcoin because it is fucking high. 2 years before, the price of bitcoin was less than $200 and by selling at $19000, you have multiplied your balance for 95 times  No point of holding anymore. I will definitely sell all of my bitcoin |
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I will choose to invest my money than to stock in banks, because i want my money to increase so that it will help in my financial needs, if you put your money in banks then your money will stock you cannot get a good profit. Invest money in safe investment site or in bitcoin, because bitcoin is a good investment.
Putting your money in bank simply destroys your money. The interest in bank is not enough for us to stop the inflation and your money will lose its value year by year. Investing, however, is only for smart people. If you are not good in investment, you can lose a huge amount of money while investing |
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bitcoin help the community by giving them an opportunity to help their own family by saving and earning money for their future..
It is a good point. I have seen many people making money from bitcoin without any difficulty. Bitcoin does provide a lot of new ways to make money on the internet. People can do campaign, mining, trading, etc in order to earn money. And by those ways, I believe that bitcoin truly help the community |
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It depends on what kind of billionaires we are talking about. If it's about the old school billionaires, such as Buffett or Gates, then most likely they do not invest in crypto. Consider it dangerous, called a bubble or whatever. Although most likely the fact is that they just do not understand the essence of crypto in general.
I do agree with you. Those people do not like new tech and Buffett even criticizes bitcoin and the whole blockchain system. The bubble is what they truly want to say about bitcoin. In contrast, new billionaires and millionaires love to hear more about bitcoin and other cryptos because they can see the opportunities which the blockchain tech can do for us |
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Teach them first how to save. That's the basics. Then teach them what investing is, why and how you should do it. By then you can introduce them about bitcoin.
Well, saving is what my mom taught me when I was a kid. However, when I grow up, I realize that investing our money in many places are a chance for us to earn more money. By investing our money, we can multiply our balance. And moreover, I do not think that saving is somehow related to bitcoin |
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Bitcoin is indeed a good way to invest your money because just look at the possible percentage that you can get in bitcoin if you will hold it for long term and just invest your money in bitcoin and that will become the reason for you to have a lot of gains more than the gains that you are possibly getting in the other source of income.
I agree with your idea. Even though bitcoin is not as good as it used to be, we can still hold bitcoin for a big profit in the future. Bitcoin does have the bright future because 2018 is still a good year for bitcoin and other cryptocurrencies to grow. By holding bitcoin, we can be rich someday |
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Yes this is possible that the bitcoin will commodate the whole world as one currency. It is one of the goal of bitcoin to become one currency use all over the world. This may affect to the economy as a big change to adjust for exchanging money.
I think that this possibility can not happen. Bitcoin itself has proven that it can not handle a huge number of transaction every day. Moreover, people have to suffer a high fee and slow confirmation. The more I use bitcoin, the more I realize how bad it can be. In the future, I hope that dev team will know how to fix bitcoin and make it becomes faster and faster |
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you need to know that trading is not for people who do not willing to learn more about it. If you do not have knowledge about trading, you will lose a lot of your money. Moreover, every year, trading strategy changes and you will know nothing if you believe that you can trade without learning a shit
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I like the trading more than holding because the trading can give me the profit while for the holding i have to wait for the long time in the future and because of the trading in he crypto i will familiar with the new coins too. I would love to buy bitcoin Ether and dogecoin because now my priority to these all are active and i will use my money for this.
trading brings profit for us every day and now we can play trade with the amount of profit according to our ability, if I myself like the trade and if it is getting profit I will hold the coin and save for greater profit. correct. Trading will bring us more money than trading. Therefore, I suggest people should learn how to trade in order to make money daily. Holding is only for people who do not have much time. If you willing to stop your work and make money with trading, I believe that you can because it is fucking easy |
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Thanks for the bot. It is really useful. I know when a coin is listed so that I can start to buy them as many as I can. It is really nice to know when a coin is listed or not.
Tip: if you see a coin which will be listed on binance, you better buy it as soon as possible because it is a chance to earn fast 5~10%
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I hope so but everything is not as good as I think. The chart does not seem to support bitcoin and much bad news have appeared which totally against bitcoin. WEll, perhaps whales create news in order to buy as many bitcoin as they can. Right until they have collected enough bitcoin, it will be pumped once again
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There are some signals about the dump before it truly happens. But first of all, you need to know how to analyze the graph and have some experience in trading. Nothing can be on the top forever. If they are on the top too long, there will be a big dump and beware of it
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Not really. Holding some specific or good coin can make you rich without taking any risk. However, if you want to x10 or even x100 your balance, you need to take a big risk by holding some unname coin. I have seen many coin have already x100 over a year. God damn. If we all know about it, we might be rich some day
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I agree. People are too focused on bitcoin every single minute. They can spend their time on other things such as learning how to use bitcoin properly or learn how to trade in a right way. Learn how to trade can make you become good in analyze the graph and therefore, you will know when bitcoin go up and when it will go down
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I believe that you can learn bitcoin trading on the internet. My mom is learning bitcoin trading on the internet right now. But my master say that skill can only give us information about dips and peaks. It is extremely hard to predict when a coin will be pumped or dumped
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Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
I can advice you to continue. Just be careful and be patient in trading. It's like gambling also sometimes you earn sometimes you lose. But the key for earning in trading is to observe and gather information. Try to ask some pro trading advice for sure they will help you. Join groups that will teach you and will guide you how to be good at it. Remember where did you go wrong and try to avoid doing it again. Continue and good luck. I do not. I believe that this guy does not learn anything about trading and because of that fact, he can not continue in trading. The more he trade, the more money he will lose. I have never seen any good trader lose more than 30% of their capital |
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Trading is depend upon the money which you have in your hand and also depend upon how long you can wait and how short you will exist. Accordingly the strategy will be planned and executive it. Without prediction trading cannot be done as it is very important to take decision hold or sell. Lot of people running their life through trading only. Also we have to agree that lot of people lost their investment in trading.
It is not about waiting or not waiting. If you buy a suck coin, you can never earn money from it even if you hold it for a long time. Therefore, you can not trade if you do not learn anything about this job. You need to analyze a lot of thing to make money from trading |
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The first requirement in trading is capital. If you dont have capital, you can not trade. Therefore, you need to have money first in order to make money in trading. YOu can never earn $100 with $0 in trading. With $20, maybe you can make $100. However it is hard to x5 your capital unless you are a good trader
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I invest only in things I understand. so i don't panic. in any case, there is no profit without risks
I can understand your way of making money. Wisdom is neccessary for all of us and if we make a good decision, there is no need for being panic. Therefore, be wise whenever you try to make a new investment because it can put you in a big trouble or it can make you become an extremely rich person. |
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