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In terms of returns, Bitcoin easily defeats real estate and stocks. It has surpassed various traditional assets this year in terms of ROI. There are indeed some penny stocks that are highly volatile and have potential to give huge returns. But they are way too risky.
In terms of risk, Bitcoin might be considered risky by most of the people. But the truth is Bitcoin has proven to be less risky than stocks or real estate(after 2008 crisis). Bitcoin has always risen in long term if we go by analysing charts. With some patience, Bitcoin never fails to give huge returns.
But in terms of marketcap and acceptability, Bitcoin is way too behind stocks and real estate. This is mainly because of its decentralised nature. There is no proper awareness campaign or advertising.
I might not even consider Bitcoin as an investment in the first place, I may consider it as some kind of trading asset because of how it is more suitable for short term plays because of how volatile it is. Also it is pretty argumentative about being the "best in returns" as from stocks and real estates are different from each other, what I am trying to say is that not all stocks have the same returns to one another, same can be said to properties. If I were you, you must compare Bitcoin to a particular stock like Microsoft or Google perhaps. Because if you want to compare Bitcoin to Stocks you must be comparing the whole Crypto market instead. |
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Of course investing in bitcoin got a risk, and we only can predict the price we cant know for sure how will be bitcoin in the future, and the price can go down like last month, bitcoin price can down if there is a big incident, and judging from the chart and the growth bitcoin can be very profitable for the future, just buy and hold few coin see for yourself whether you satisfied with then growth or not, and everytime is the right time to buy because the demand of this coin keep on increasing
Actually, investing in bitcoin is too risky but if you are a wise investors you could gain and make more income bg investing in bitcoin. In addition to that, you need to be patient and don't be greedy if you want to make high income. Lastly, investing in bitcoin is risky because there is a time the price of bitcoin is goes down. Totally the risk of Bitcoin investment is avoidable but if you are looking for a low risk tolerance Bitcoin is not the one for you as it require a lot of things in order to avoid that risk. You must be in constant monitor of your Bitcoin portfolio or any cryptocurrency in that matter because we don't know when a price correction will happen. Having able to mention the price correction we must also be inclined in technical analysis in which we will know when is the right time to buy and sell because we know the support and resistance of the chart. Aside from the things I have said there are other things to make your Bitcoin investment less risky. |
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I think that this might very well be possible in the future.
A connection between a bitcoin address and a mobile number.
Not for all addresses, of course.
But I can imagine that some companies want payments from veryfied wallets for security reasons.
To them it's important to know who they are making business with.
This does not make any sense at all. Why you asked? Because one of Bitcoin's sole purpose is to make its users anonymous from their transactions yet you think connecting it to a mobile number will support that feature? If a company wants to verify the person there are many ways to do so from checking their credit card bills to visiting their homes. I hope you are getting my point that I am making. |
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What is the way to stop Bitcoin from being a bear market?
We can't stop Bitcoin dumps because it is volatile. Bitcoin's market value depends on its market demand, so it changes from time to time. It will somehow be close to being stable if the demand will continuously increase and will make it more indemand and its value, high. In that way, crashing will just be minimal than what we are experiencing at this moment. We can affect the movement of Bitcoin if we are a whale or we belong to a group of big-time Bitcoin holders. Otherwise, we can just stay on the sideline and hope that the value would be going up even if slowly. We are in an open market and so Bitcoin rise is very much dependent on the demand and maybe good news which can excite the market. This is the reality...and this is quite true with any other investment medium. I don't think that we can control Bitcoin from crashing down but the great thing about this is we can take advantage of it. By buying Bitcoin at its lowest price we will be have the opportunity on setting up a good base for our portfolio of Bitcoin, here we are set to ride the price movement if it increases. Another option is by selling Bitcoin before its price gets lower because of this we can have our capital back in which we can buy more Bitcoin at a cheaper price, but the hard thing about this is we don't know when to sell or buy. |
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I think another possibility that will happen is, Banknotes are still valid, digital currency may be considered valid by every Bank in the world, but may require a very long and long process, it could be successful if approved by the Government and bank banks in each country, Security risk! This may be a constraint, because it will be the generation of new breeders of account breakers or IDs, as has happened to some ATM machines, but with Bitcoin as a digital currency may add some Privacy like password hint and other sebainya, while public money will interact as usual
that is the short term possibility , in the future paper money might completely get disappeared. as everything could be done digitally , people will think about why they still need an outdated one? as technology basically help our lives into better and easier . paper money also are not environmentally friendly , technology could completely takeover our daily lives. I don't think so that Fiat Currency will disappear entirely. I'll let you in for one big argument. If we are a cashless society what will the countries based their wealth in? If their basis only exist virtually? I don't think that any country would allow that to happen because it is to much to ask. Also accepting a cashless society is also accepting that other people (especially the rich ones) to control the money you have like Bitcoin which we all know can be controlled by big holders of the cryptocurrency. |
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Hip injury? I thought that was all recovered. Anyways, I've never heard of a trade void before, because of an injury. Would this be the first in case? Another twist in the ongoing drama about the trade. It could be included in the contract as well, that they can void it once they see that Isiah Thomas is not fit to play in exchange of a healthy Kyrie Irving. Well its just a rumor and we will have to what for the next episode of this soap opera. I also guessing that the extent of the injury of Isiah Thomas is not that big and he has already recovered. He's injury in not life threatening that he can't play anymore. But still though, maybe Cavaliers management just wanted to make sure because they are giving up their no. 2 scorer in the team. Or it could be a bluff by the Cavs to get more assets from Boston. can consider that mate as we knew that cavs really aiming again for another rematch against gsw and doing everything to make sure that they have that edge because losing kyrie will be a big adjustment though they've got thomas and Crowder but still its different when kyrie who really can manage the floor without lbj inside, let see how this drama will end and how the season will start. This is really a serious thing in sports also considering the fact that Isaiah Thomas is one of the centerpiece in this trade the Cavaliers should really re-visit the negotiations. You know how serious are the medical check ups in the Football worlds? If you are not cleared in your medical the transfer will be void immediately, as having a player who isn't worth the money isn't worth the trade at all. I am just saying if the Cavaliers are wanting to give away Kyrie Irving then they should really look if Isaiah Thomas can play. |
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Bitcoin has advantage over other cryptocurrency since it is the pioneer,
Well you are mostly correct about that part, being the first currency to be ever offered in the cryptocurrency market gave Bitcoin an advantage to people's awareness. Often they will see or hear about the word "Bitcoin" first before even hearing the word "cryptocurrency" which means Bitcoin is what always came to people's mind. From acceptance of sellers, it is the mostly accepted cryptocurrency in terms of being a mode of payment, and that advantage was obtained from being the most popular cryptocurrency out there. |
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Well if that is a case it won't be a problem for us Bitcoin users but it is a big "if" on it happening in our world. If worldwide all shops accept Bitcoin, I think all local currency exchange will be competitive on the rates Bitcoin is giving as they are a business that can adapt. Additionally Bitcoin's biggest rival is itself as even in the future it won't eliminate it being a volatile currency, being a tourist you might end up spending more rather than what you paid for if you use Fiat currency instead.
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I think there is only one answer to this and it is Yes. Basically any kind of currency can and has the potential to be use in illegal activities it is simply needed in order to transact with something. And to answer your other question. No it won't hurt the value of USD as it being ised in illegal activities signifies demand for that kind of currency. I don't know why you are making this a big thing but everything that has value can be used for illegal things.
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For me i think it can't end the world poverty because earning btc s not so easy and not all people know what is bitcoin and how to earn it.. But if the government of every country will invest on mining materials to mine Btc and distribute to all people,this may be can help everyone in financial problem.
Exactly there is no guarantee that you will earn Bitcoin even on a fixed amount. How can you end something even if you are not sure that you will earn anything? Yes I know there are signature campaigns out there but it only has limited slots in which only a few people can enter. Thus only giving a few people a chance to earn on a fixed rate. Bitcoin cannot sold poverty as it can only help a few people until now. And it is actually up to the person if he wants to get out of poverty or not. |
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I don't think that you are right about many people quitting their jobs because of Bitcoin. Let us put our minds in an investor's perspective, an investor is investing in their assets believing that it will pay off in the future,in order to achieve that they must increase their investment by putting more money into it. So tell me how will they fund their investment if they quit their job because of believing it has potential? Of course the last thing you want to do in your investment is quitting your job and focus on it without money.
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Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!
I trade in both and I would say bitcoin is much more profitable because of big price fluctuations. I would prefer the one which I can make profit in a short period of time. Though more people still trust the stock market since it is supported by the government and registered and they can track your income in there while bitcoin is decentralized and many people are still doubtful to it. The profit in stock market is minimal because of stable price and since there are big volumes then it is hard to make the market move if you are just a small time trader unless you are a millionaire who have a lot of shares there. For the people who have small funds, bitcoin or cryptocurrency trading is more profitable than stocks. If you are willing t accept risk and you want to profit in a short time then trading cryptocurrencies is the best thing for you. But if you are patient and has a low risk tolerance than you might need to consider investing in stock companies inside the stock market. Both is built and can cater different people, and comparing Bitcoin to the stock market is not right because even stocks of companies have a different movement with each other, not all stocks have the same price and have the same potential to one another. |
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I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
I've been spending a lot of my bitcoin for fun and I don't think it's healthy. Maybe you can say that you are enjoying but those things are just temporary, you should save first for the things that matter. It wouldn't steal your happiness, all you need to do is to reduce spending too much for fun. We are all familiar with the quote that money can't buy you happiness so it would be better if you would first priotitize saving for the future. Thats right dude, i think saving money will not seize your happiness even save will make your future better right? Then I always recommend and oblige save as an obligation that must be owned by everyone. you may have fun but surely you should to have a special fund for that. you can formulate with good financial management Why do you even use Bitcoin first in the first place? Yes I know we earn money through Bitcoin, but why don't you use your Fiat currency first instead of Bitcoin? For my point of view even if Bitcoin payments are convenient it does not miss the fact that Bitcoin can act as an investment for us, and spending Bitcoin first is totally decreasing your portfolio thus decreasing the value of it. We must save Bitcoin for our future as it will have more value in the long run. |
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Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!
After the bitcoin price declines, developers continue to improve on the features of bitcoin, year after year bitcoin prices continue to change, but this year bitcoin is able to reach higher prices despite a split in early August but not weaken the price of bitcoin. Bitcoin will continue to grow in the future. A blessing for us can already recognize bitcoin from now on. Before the activation happens a lot of speculations are popped up like bitcoin will have a downfall but things turned out differently, bitcoin hits its all time high price and the bitcoin community was shook to this. And now bitcoin is playing in $4000 and its a good sign of growth in the market. So we can expect bitcoin will hit again its ATH by end of the year so lets just HODL. I even have a theory that people who said bad things will happen on Bitcoin on August 1 are people who are playing as the whole time as I suspect they are the ones scaring us to create a panic selling which had happened since a week before August 1 Bitcoin's price dropped from 2700$ to about 1800$ which is a really big correction. And why do I know it is a play?Because when it reached 1800$ not even 2 days passed it got back up way above 2700$. Now I think that people are trying to scare us so that they can buy Bitcoin at a cheaper price. |
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Yes BITCOIN can make banks disappear due to its advantages which is fast and almost effortless transaction. Banks (which runs in fiat money). But it will still take time for it to happen.
Well I have to absolutely disagree with what you said. Banks don't get money for its transaction speeds, mainly banks get their money from lending the money out of their establishment which is also know as loaning as they earn an interest depending of what type of load did you get. And can Bitcoin wallets give you loans? even on little amounts? I guess not as they are only wallets which only hold your Bitcoin. That is why Banks will still be there as they can adapt through change and will always find a way to profit from anything. |
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I think the main reason for BTC is already very famous and adopted in Asia is BTC has no tax, no boarder fees, accepted globally.
Online side income is really difficult in Asian countries.
Eg:
1. Getting paid for online survey is restricted to many Asian countries.
2. Even Paypal withdrawal is impossible in many Asian countries
3. Sending and receiving money is a nightmare in many Asian countries.
but all these possible via BTC.
BTC is an angel for Asians.
PS:
As you watch in porn and Hollywood japan is not the only one country in Asia.
There are 48 countries in Asian continent.
Agree, BTC poses a very positive role to ASIA so I strongly agree you say btc is an asians angel  To keep the argument going I don't think you are right with what you are saying. Answering Paid Surveys are only available on certain countries that they do have a target or research on, I myself already joined some paid surveys for my particular country but I quit because the pay is not worth the time it consumes. And where did you get receiving and sending money is a nightmare for Asians? Have you not know that remittance companies are big in this continent from Western Union to their local remittance company sending money is easy, also online bank transfers are available even a cross country is possible. Asians are not left out of what is available to other people. |
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For practicality, yes I think money is the center of any household nowadays. I don't want to be a hypocrite and not admit I am not looking for money everyday because we basically need it. But of course the religion of one's person should not be compared to how we make money or earn money because it is a part of our daily routine.
Maybe in every country everything is different, but I'm more than confident that if someone has huge money, then he does not stop at anything and even moral human qualities are alien to such people. You can say that I always face the hypocrisy of rich people in my country. I want to believe that not always money changes people for the worse. I think it only cover some person. I for myself is always thankful for discovering Bitcoin in a way that I earn money from it. I always than God for that as it gave me an additional way to earn money, also another way to show how thankful I am I gave back to my friends and family and also people who are in need. Yes Money is important but to me Family will always come first as I can't live without them. |
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no, I do not think so. People still prefer bitcoin more than bitcoin cash and most of them consider bitcoin cash as an altcoin. I do believe that bitcoin will still dominate the market for at least 10 years until there is a another coin replace bitcoin
Exactly I doubt that a duplicate coin will have an equal value same as the original one, that is why Bitcoin is called the leader of the market because it is the number one cryptocurrency available to us, and I really doubt that in the cryptocurrency market that it more than one currency will have the same number of market share. Because even the most popular and expensive cryptocurrency which is Bitcoin still has a lot of room to grow and a lot of people don't know it yet. |
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Yes true, the fact that there are many people feel the benefits after the presence of bitcoin. They can do things from faucet claims, trading, mining and follow the signature campaign.
Signature campaign is not a real job, you should not depend on it because, in the future, I can ensure with you that signature campaign will end and there will be no more signature campaign for you to join. Try to find a better job instead of it And you are right, being part of a signature campaign is really not a real job because the part of you being the campaign is on a contractual basis, and also you are not employed by anyone. This is why even if you are trading cryptocurrencies or earning in signature campaign you won't be considered as an employed person, because you are just a self-employed individual earning online. It may not reduce the unemployment rate but it does not mean people are not having a good life because of it. |
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