I never put all my assets in a single investment vehicle. This is a very risky situation for investment. Instead, I used different investment tools to minimize potential losses.
It makes more sense to buy gold with 50% of the money and take the bitcoin with the remaining 50%.
You should also consider diversifying your money into other asset classes as well because investments means not only just bitcoins and gold. But you can also invest in shares, bonds, some money in fixed deposits if your country is offering decent % of interest and real estate businesses. The more you diversify then the investor can reduce their losses in the longer run. I agree. OP just asked as gold and bitcoin. That's why I answered that. It makes sense to use different investment tools that we think will make money. This will minimize the damage. But we need to know about the vehicles we will invest in. Investing in areas that we do not know is not very logical. OP just inquiring about investing in bitcoin and gold, which is best? but I think you also have to look for other potential investments, and not a problem to use gold and bitcoin to invest yes no dount that there are so many other opportunities of investment a trading but i think OP just comparing the two and want to know that in these two which one is more profitable. to me i think both are valuable investment but i think bitcoin have the edge that its value increase very rapidly therefore there are more chance that bitcoin will give you more profit as compare to gold. It's just a guess and only gold in reality can be much more stable than the bitcoin. yes gold is more stable but i think bitcoin is more good for investment and making money as gold is only good for holding your money safe but if you are interested in investment then you have the only choice and that is bitcoin. Bitcoin is good according to the price and his volatility. but the gold already lived from a long time ago. but bitcoin already existed on the every century. and we are know how the communities were seeing it. that was very valuable to keep it for the long term investment. but even after a long period of investment i do not think that we can expect a good profit from gold that we can expect from bitcoin just in days. therefore to me the best investment in present time is bitcoin and not gold. |
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I don't think Bitcoin can repalce Dollar soon,but after a long time,this may be happen!
as i study the comments of so many people on that topic and most of the people are agree on the point that bitcoin cannot replace USD. but i will like to add that yes currently its looki like difficult that bitcoin will replace USD but i think when time will pass and when the number of bitcoin users will increase then bitcoin can replace USD. Even almost people and wordwide are using there is no possibility that usd can be replace with bitcoin.. since its a virtual payment just like virtual card that can be use for payment processor online.. Government dont let allow bitcoin since the priority use of bitcoin is anonymously transactions that can be use in illegal and gambling activity.. We are just want bitcoin due to gaining the benefits of bitcoin.. I agree. It is impossible for bitcoin to replace dollar because as you said, it is virtual or digital and the feature of being anonymous can be abuse by the criminals. Bitcoin is can't replace dollar also because it doesn't have fixed value which is an advantage and also disadvantage for some people. but i think it is possible and it just require a lot of time. because the users of bitcoin are not big. and when the users of bitcoin will increase they will defiantly decrease the use of USD and when all the people will start using bitcoin for every thing then it can replace USD. |
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bitcoin I managed to save is about 1 BTC, because I was new here, so not many places that I worked
it includes a fairly large amount dude, at least I takes 3-4 months to save 1 BTC. and even then using many methods? how much time do you need to get that 1 BTC ? actually it is depending on the method of earning bitcoin. if a person is earning bitcoin from a signature campaign then it will really take a lot of time because the signature campaign gives a very limited income. but if a person earning bitcoin from trading then he can make one bitcoin in comparatively less time. Yes the payouts from signature campaigns are limited but a person who has been earning from it since long time would have managed to save lots of bitcoins by now as payouts were high in the past but now if you are earning only from signature campaign then it will take long time to reach to a descent level. yes that is right but i think if he is just earning bitcoin and not using it any where. he is just saving it, as for i use my bitcoins when i earn it in the market from trading or from signature campaign. i think mostly spent it on shopping for my family and children and i really feel very well when i use bitcoin for shopping for myself and for my family. Its good to spend bitcoins for making purchases but it would be best to save them for future as price is expected to go higher in future so if we have saved enough bitcoins then we can take higher advantage by selling them in future when price is higher. yes that will be in fact a very nice decision. i think holding bitcoin for the price increase will really be a very nice decision because the price of bitcoin is expected to increase more and more and hope that very soon it will cross 15 USD level. |
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Only china can manipulate with bitcoin.We cant I really dont understand how small amount of this forum users can manipulate with something big like bitcoin it is not possible because many users here are not interested in that.
but i think that now even china cannot manipulate the price of bitcoin. as the bitcoin users are now increasing throughout the world therefore it becoming more and more difficult to manipulate the price of bitcoin. |
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Investment using fiat money in a business is a better option to have but if you would invest using online digital currency which is the bitcoin, its better to be anonymous with your investments at altcoins trading and also with peer to peer buy and sell of btc.
Of course you need to invest your fiat money for any business and there's no business that you can invest freely? Depending on what do you think that will make you productive, whether it's with crpyto currency, trading or buying and holding bitcoins, go for it. But if you think you are going to be more productive with real business like properties, its good too. Real world investments are always better then online investments as when you invest in real world you are into one to one agreement and chances of getting scammed are lower which is totally missing in bitcoin investments as majority of investment sites turns out to be scam in long run. We can compare real world investment with bitcoin investments and I would say that they are both the best depending on what investment you are going to enter. And of course in investing the more investments that you are going to make that will always be the best thing ever. Depending also on your capability to invest. in fact different people have different experience in their own field. in real life it is really very difficult to invest your money as you need to find a good and trusted form where you want to invest if you want to start a business for that you need a shop and in big cities it is not such an easy job. therefore for financially week people online investment is the best option. |
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If the price value of bitcoin is 1000$ almost right now at the present , is this a kind of dead to you?
Well everbody knows what the answer, isn't? of course, bitcoin will exist forever as long as there users of it.
Way back then OP created this thread on March 2015 thinks that bitcoin is going to die. I don't know what happened that year because I'm not still on bitcoin by that time. And now he's thought about bitcoins dead is really wrong because we can see what is happening to bitcoin now. It keeps on increasing and for sure he regrets it already. I dont think at that time the price is really that bad. If I not mistaken at that time the price wad around $200-$300 and still it is worth to buy at that time though. For now the price is too high for me to keep buying. Just in a 2 years the price already hit it so high. Wondering about the next few years on what prize will bitcoin hit yes i am also sure that this time the price of bitcoin can cross 1200 and 1300 USD level very soon. bitcoin is now increasing and hope that in next few days the price of bitcoin can cross 1300 USD level very easily. bitcoin is trading below 1100 and above 1050 USD lever for a long time. we can see that the price of bitcoin have a farm support at that price and therefore we can hope that in next few week the price of bitcoin can cross 1300 USD level very soon. |
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What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?
What are the factors that make these people successful in their investments?
Successful investors? Think possitive don't think about negative sides that will make happen to you but make sure that you do analyzing into the website you putting your money. Have lot of patience also have enough time to see and to your money too. to me if you want to become a successful investor you need to spend more and more time in investment and trading and after gaining a lot of experience you can become a good trader and investor. and for that you also need to invest a little amount of your money in investment so that if you are losing money you can avoid a big lost |
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There will be no war that will happen. With just one bomb going off, a country will be eased in an instant. I don't anything will be valuable if you live except the food and water which are the immediate need of the people. Its definitely not easy to live when you are dependent to internet already like the rest of us here but you'd rather eat and drink something than keeping your bitcoin.
i think as soon as time pass our agricultural technology is also improving which is completing the need of the growing population. similarly in science and technology we are also improving and beside electricity and fuel scientists are finding other ways of resources so we at at least save tell next century. |
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Luck and skills need to on same road in any type of earning.
I'm not believing in to luck factor for earning in the any field. Actually I'm believing into skill, if we are good in a skill, we can bring our luck to favor us. Unlike trading nor gambling, earning in real life is not influenced by luck factor. Because your skill will get you a good job and if you are performing well you will get paid thus there is no room for luck. Exactly and you cannot depend only on luck every time to earn money as it will not favor you all the time but if you have enough skills then sky is the limit for your earnings so if you have good skills then you can make enough money in multiple ways. although we mostly depending on our luck and specially in gambling but still there are some types of gambling and in trading if you have good experience and knowledge then you can minimizing the risk of losing money. |
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Now I know China has been accused of keeping the price of their fiat down, so this leads me to a question.
Why would china want to keep the price of btc at or below 1000? And I'm not asking for answers around curbing the use of it, because I don't believe they want that. I'm asking for genuine thoughts on how it would benefit china to keep the price low. What long term strategy would they have? Because we all know china doesn't just do things because they want to. They've probably had meeting after meeting on how best to optimize bitcoin for their benefit.
First how sure are we that China wants to keep the price of BTC at or below $1,000? As I think of it China don't care about BTC, as the way you wanted to hear it, they only want to make sure that these exchanges that had been loose for some years to follow what the rule stated with regards to AML and KYC stuff. It is that these market manipulator take advantage of the news and twist the idea to suit what they wanted to the price of BTC. yes these are just assumptions and there is no reality about this. in fact the it in is now become very difficult to manipulate the price of bitcoin. because the number of bitcoin users are now increasing. therefore it is now become difficult for a single person or a group of people to manipulate the price of bitcoin. yes there is no doubt about this that the number of bitcoin users are more in china as compare to other countries bu ti think it does not mean that they are controlling bitcoin at all. bitcoin is a universal currency and it is not so easy to manipulate or control bitcoin. No, it is not about the number of China people. It is about how much money and efforts they have spent in Bitcoin. AS you can see, there are likely a thousand investors and they have put a million dollars in this field. Therefore, it is obvious that the Chinese are controlling the Bitcoin prices they day by day but how can a person know that they have more investment in bitcoin. although their number of using bitcoin is more that any other country but it does not mean that they have the most investment. my be a single person from USA has invested more that 1000 users from China. |
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I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally. However, bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money. yes currently bitcoin is uses as investment and for trading and is also used as online currency online shopping and trading. but i think in future when the user so bitcoin will increase then bitcoin will certainly be use for currency in all local shops and shopkeepers will accept bitcoin |
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Name: whizter
rank: sr member
Current post count: 528
Spectro coin wallet: 1BLN1aP5yav78e8UJ5MY8cvaVi4zkDWc29
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As per my scenario Bitcoin is better than Paypal.
yeah there is maximum people in the bitcoin fever because bitcoin is much more profitable for everyone user and i think bitcoin is acceptable in everywhere for online shopping than paypal and is also not available in my country so i can just using bitcoin for online shopping in my country. yeah i also like bitcoin than paypal and you are right that bitcoin is profitable than paypal so i also prefer that we should use bitcoin and invest our money in bitcoin and paypal can not give us profit so we can say that bitcoin is much more better than paypal. to me i do not have any person experience of using paypal therefore i cannot say anything about paypal, but am hearing from my friends that paypal is not a good service provider and they are creating so many issues. they also receive more fee and the most important thing is that the service of paypal is not available everywhere. while the service of bitcoin is available everywhere. |
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I did told myself to sell my bitcoins when i hit 6 to 7 bitcoins, though when its price is really going up high and really crazy i dont know if i want to sell it or maybe just convert it and buy some things. Though i do really want to sell some.
but currently i am not going to sell my bitcoin because bitcoin price is now trading below 1000 USD and to me i think it is the best time to buy bitcoin. because below 1000 USD the price of bitcoin is too cheap and i even like to buy more bitcoin. i have my own planning and i am going to sell my bitcoins when the price of bitcoin will cross 1200 USD. So still there is some time to sell my bitcoin. |
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Im not using any paid tools since it doesnt really need at all specially on cryptoworld and on trading on them doesnt like on forex which would require paid tools but still i do just use the basics like bollinger bands,fibonacci,rsi indicators and all which is useful being included on the mt4 platform.
in fact i personally have no idea about that. i am not using any tool set. i am just using my previous experience and also get help from social media and from bitcointalk.org form. some time my prediction really work and i make good profit, while some time my predicted proves as wrong and therefore i also bood some lost. |
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I am keen to know how to find which coin is going to get pumped next and when.
Is it possible to know for sure?has anyone here predicted accurately about next pump?
Me I predict it by waiting the extreme dump so it's surely after that is the pump of that coin or the bitcoin itself. I am predicting it by waiting for that moment the dump then I will buy large amount of it and then wait for the pump because that strategy is slowly but surely and it's have large income from me. Waiting is the key to earn with that pump and dump and greediness is the enemy in that situation so If you are in need in sure ball strategy try my strategy. I hope bitcoin in a steady way and there is no dump again soon. with a lot of the new adopter and the bitcoin had sold by the weak hand will move into the early adopter's hand. The price of bitcoin will always increase. it's good for bitcoin. i hope that this will happen too but if this happen then what will be happen with altcoin if bitcoin still increase? i think bitcoin need to be stable in one range, then altcoin will following the bitcoin price and make adjustment with the prmce too, then bitcoin can increase in another range, maybe the scenario is like that but who knows?  its a good news to see that bitcoin is going to rally to reach $1100 and its better to wait until the high price is reach. i think there is no such mechanize through which we can find out that when will be the next pumps but i think we can only evaluate about bitcoin from the media, social media and from the people interest. for example in present time people are not ready interested to sell their bitcoin. therefore we can expect that the price of bitcoin is increasing. what you are telling is true that you cannot know about the pump or dump of the bitcoin anytime, it all depends on the news and situation happening in the world. So always be active and on any news you can see the reaction of the bitcoin price and go according to it if you are a trader yes we mostly working on speculation and imagination. but not sure that either the price of bitcoin will increase or decrease. but we use our own analysis collecting information about bitcoin from people views and interest. but it is not necessary that our prediction will be proves as correct for every time. |
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I am keen to know how to find which coin is going to get pumped next and when.
Is it possible to know for sure?has anyone here predicted accurately about next pump?
Me I predict it by waiting the extreme dump so it's surely after that is the pump of that coin or the bitcoin itself. I am predicting it by waiting for that moment the dump then I will buy large amount of it and then wait for the pump because that strategy is slowly but surely and it's have large income from me. Waiting is the key to earn with that pump and dump and greediness is the enemy in that situation so If you are in need in sure ball strategy try my strategy. I hope bitcoin in a steady way and there is no dump again soon. with a lot of the new adopter and the bitcoin had sold by the weak hand will move into the early adopter's hand. The price of bitcoin will always increase. it's good for bitcoin. i hope that this will happen too but if this happen then what will be happen with altcoin if bitcoin still increase? i think bitcoin need to be stable in one range, then altcoin will following the bitcoin price and make adjustment with the prmce too, then bitcoin can increase in another range, maybe the scenario is like that but who knows? its a good news to see that bitcoin is going to rally to reach $1100 and its better to wait until the high price is reach. i think there is no such mechanize through which we can find out that when will be the next pumps but i think we can only evaluate about bitcoin from the media, social media and from the people interest. for example in present time people are not ready interested to sell their bitcoin. therefore we can expect that the price of bitcoin is increasing. |
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The subject says it all, what books, resources and other things can I study so that I can make an educated decision.
I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.
you should try. because without trying you will not get a valuable experience. I am sure when you dare to take an action, then you will know what you will get. it is a very easy and quick to understand. Without taking risk in trading you cant earn any profits or bits from it. I do agree on you you should try and learn because without doing it because you are scared then you cant earn any because when it comes to trading experience is must well the trick is invest small then try to learn from it so that next time you invest you will know what is the right move but it is more risky that if you do not have any experience about trading. because trading mostly based on knowledge and experience. so you first need to get experience in trading and you can get experience by investing a very small amount of your bitcoin in trading and when become an experience trader then you can invest a large amount of bitcoin in trading. |
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As long as the market continues to function as a free market, I think that volatility will always exist, and this will probably always bring the possibility to anyone who wants to trade. I think the only limitations that may exist will depend on yourself. First you need to accumulate capital and learn about the market, and that depends on your effort.
as we can see that in previous days the price of bitcoin was trading above 1150 USD and after that its price fell down to 750 USD then started increasing and reaches to 1080 USD after the price again fell down to 940$ and and now trading jst above 1000 USD. so i can say that it is one of the best time to invest money because the price of bitcoin still expected to cross 1250 USD level very soon. |
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Every year migrants around the world send billions of USD/EUR back to their families.The cost of sending cash via Western Union and Money Gram averages 10-20% in fees. However bitcoin is emerging as an alternative which offers lower fees and faster payments.
Bitcoin also helps allot for countries with high inflation to store value in Bitcoins.
Bitcoin helps for millions of people worldwide.
How bitcoin helps for your life?
If this thing will happen, I guess it will affect the economy of the real world, if bitcoin will be used as the way of sending money of the workers outside the country because government do not have an access to bitcoin. But then in the side of the sender and receiver, it will be a big help. but i think it will not effect the economy of the states but instead it will make the economy of the states more stable. because there will be no race about the currency of the world, therefor there will be only one way making money. because all the people of the world will be using bitcoin as one currency. therefore there will be no risk to the economy of any countr |
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