I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.
This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."
Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility? I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.
So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."
Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.
Investing in Bitcoin is like any other investment. You just need to understand the principles of investment and the crypto market before you can be very successful investing in Bitcoin and you also don't need to listening to all kinda advice people give about investing in Bitcoin. Knowledge and understanding are the key elements to become very successful with Bitcoin investment. |
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Why will you complain if you understand the crypto market? People who usually make complain are those who do not really understand how exactly the altcoin market operates. Without knowledge and understanding, you will always make complains for any small changes in the market value of altcoins. Understanding that volatility is the only way to help people to stop complaining...
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As an investor or bounty hunter, you have dedicated either your funds or time for a pjoject and it turns out to be a fail project, what next?
Many at times we have come across this situations and I see a lot of negative posts from different bodies about this projects, y? Because people are hurt and have lost precious time and capital.
I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.
Beware guys!
You just have to understand that you took a risk by investing in a project in which you had a 50-50 chance of you making a profit or losing your investment capital. You just have to accept that you have lost your capital and resources and move on with your life. This will help you gain knowledge on what to invest in and what not to invest in. |
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I know that the deep web mainly uses cryptos as a means of transactions for people who want to buy things over there, but what type of cryptos are mainly used when making those transactions? It’s just a curious question I have in my mind.
For the cryptocurrencies used in the deep web, you don't need a rocket scientist to come and tell you that at least five to ten of the top cryptocurrencies on the crypto market are widely accepted on the deep web for transactions. To get more information regarding the crypto coins used on the deep web, trying browsing through the deep web, that will help clear all the doubts in your mind.. |
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Knowledge is the only and the best way to bring Bitcoin to non crypto users. Knowledge presents the element of making people to know and understand what bitcoin is and its relevance to people and entire financial ecosystem. Knowledge prevents the spread of FUDs since people are aware of the true nature and purpose of Bitcoin. It is the essential tool for civilization. Knowledge makes it easier for non crypto users to identify the similarities betwee Bitcoin and the traditional system of payment and the benefits Bitcoin has over the traditional system of payment...
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"Not your keys, not your coins". Unless you (installed a software and) made a wallet and received a private key (or a wallet file) I'd stop dreaming. Most probably that site doesn't exist anymore or has change and would not allow you withdraw.
Exactly!!! Which website will just give 100 bitcoins and make it possible for you to withdraw the bitcoin. He should waste his time to think about the possibilities of him still having the bitcoin he claims that he had earned in his account on the website. Thanks for enlightening him on the fact that no private key not your coins. People always love to daydream forgetting that some daydreams are not worth dreaming and thinking about. |
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I invested a lot of coins especially when Okex and Kucoin Exchange listed new coin coz I use and trust that two exchanges especially on listing matter. We all know Kucoin Exchange has a gaming platform called KucoinPlay when you can play, win, and receive coins/tokens. Recently, they announced that Videocoin has a contest and giveaway. I conclude, that this project do their best to satisfy and let their investors to win and receive free VID. Do you think, VID is a good investment? Inspite the fact that they have a good volume and good market... Source: https://kucoinplay.com/videocoin-contest-10k/?utm_source=tftjI think you should spend time reviewing this coin. This will provide you with enough information about what this project is really solving in the crypto ecosystem and the entire world. In as much that it might have a good volume and market, it should have a specific purpose which will make it worth investing in. |
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Considering the current state of the crypto market, daily trading is currently the best way to earn crypto without investing in IEO or ICO and mining. Daily trading is currently the easiest way to earn crypto if you have the needed knowledge and understand how to go about it. This provides people the chance to make a profit margin of about 50% of the capital used in trading.
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The name Satoshi Nakamoto is a legacy in the crypto space. The true ideology of Satoshi is to eliminate the challenges seen in the centralised system of transaction and payment. My main concern is that Bitcoin should be use as Satoshi Nakamoto designed it for. I believe for the past 10 years now, bitcoin has lost its true identity as being a peer to peer digital cash for transaction without the need of a third party verification for the transaction to be made. Bitcoin has become an asset rather than a digital cash for transactions of goods and services.
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For my analysis, there are two sides of this statement "China Looking to Spend $2 Billion on Blockchain by 2023" . I think China is very interested in the blockchain technology rather than cryptocurrency or Bitcoin. This might not really have any significant impact on cryptocurrency and bitcoin. I think China is looking forward to use blockchain technology in a different way rather than a platform for cryptocurrency or Bitcoin.
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What you think more profit, participate in IEO or wait after IEO and buy the token from exchanges?
First and foremost, the profitability of any crypto investment all depends on the nature of the project you are considering to invest in their token or coin. A project with a real purpose and real product that solves real challenges in the financial ecosystem and the entire world. With such a project, you can either choose to invest during the IEO or wait till after IEO. The relevance of the project and its feasibility to the financial ecosystem should be the requirement before you choose to invest in IEOs or after. |
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China has never banned the mining of Bitcoin. News regarding the ban of Bitcoin in China is just FUD spread by people who want to get traffic on their website and content creators. Evidence regarding the ban on mining of bitcoin was never provided throughout the spread of this allegation. So I was very surprised that people were still falling for this FUD.
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If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas. What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential? Provided i have funds - 60 BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  First and foremost, do not be in a rush to start your own crypto project without having any idea in a startup a particular business. I will advise you to rather invest or buy a share in a well-established crypto project to avoid losing money. It will be better to invest in already established businesses rather than creating a new project considering the current state of the crypto ecosystem. Considering your post, I see you as someone that has no idea to start a crypto project which will be successful. |
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The first concern I have for Bitcoin will have to do with the duration it takes for transactions to be confirmed on Bitcoin's blockchain network. For some time now I have realized that for faster confirmation, you need to pay extra. I just wish this particular issue can be solved soon. My second concern will also have to do with the wrong mentality people have about bitcoin. This is the major cause of hindrance in the adoption of Bitcoin in the financial ecosystem. And my final concern is the negativity the media present bitcoin.
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I was just wondering if it is possible. What event or series of events could crash the price of Bitcoin to $5? What will you do if that happens?
Considering the state of the bitcoin market and the ecosystem, there is no specific thing that can make the value of Bitcoin to drop to $5 or less. As it stands now, bitcoin has no real feature that can make the price of it to drop less than $100. I just can't think of anything that has the power of making the value of bitcoin to be worthless. This should have happened a few months after it was introduced into the world. |
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What people need to understand is that Bitcoin is just a digital representation of money that has the property of its price fluctuating up and down. Just like money, you can't make money without working. Investing in Bitcoin and other cryptocurrencies are the only ways to earn free bitcoin. Investing and gambling are the only forms of work that can make you earn free bitcoin with little stress...
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Seeing something like this gives me hope that very soon companies will come to the realization that blockchain technology and cryptocurrencies are the future of both the financial ecosystem and the entire universe. I just hope that this meetup will not be a normal linkup which does not bring anything that might influence the adoption of Bitcoin. But personally, I think such meetup has a good potential of influencing the adoption of Bitcoin and cryptocurrencies..
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If we consider earn bitcoin as some goal, or something else altogether, we must have the following:
Work, the effort to succeed, and the ability to cope with the environment.
These are the three basic things to be successful. And most of all it refers to things like bitcoin.
-Work can be divided into: work by obligation and work by motivation.
these two concepts are different because I quote "He who wants is better than what he has to", therefore more productive and intense work that brings better results and rapid progress towards the goal.
-The effort in this case can be divided into: incorrect effort and correct effort.
Improper effort, that is, a desire to work and be better
but you are still learning the wrong way (and you know the way you would be better) and therefore have no means of progress
The right effort is to learn it the hard way because you know that you will be better off if you hear it right and it comes to your own later.
The right effort to progress in everything you do has to exist, the basis of every progression is.
-Being able to cope in the surrounding area is one very important thing, it will not always be possible to seek help from someone, sometimes we are left to nature and we are our own boss. Someone gets it by birth, someone gets it, and everyone else is just miserable workers who do nothing from their lives. "If there is no way find it, if you don't find it, make it"
Conclusion:
You don't always have to wait out of the chair with your feet up on the table, you don't reach your destination that way. Nothing will fall from heaven into our pocket.
We must give 100% of ourselves to succeed what we want.
What exactly are you telling to broadcast from this your post? Personally, I don't really think these quotes have any relation to the title of your post. I get it that you are trying to motivative on the essentials needed for someone to succeed but I don't really see the relevance of these to the title of the post. You should come and try to make this very clear and build some connections between the post to the journey of Bitcoin or how people succeed in their Bitcoin investment... |
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What is the whole idea behind this article because I just saw diagrams showing the market value of Bitcoin for the past years. What is the specific purpose of this article to both the crypto space and the ecosystem? There is no specific understanding of this article. You just made me waste my time trying to understand this article. |
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The profitability of investing in any crypto coin solely depends on how well the investor understands the crypto market and the plans and strategies of the investor. Without this, you might lose your invested capital even if the crypto coin is a good coin to invest in. In as much that Elon musk and others are supporting dogecoin and saying that its market value might increase, it does not mean you should invest without understanding the crypto market and developing plans to invest.
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