I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Every investment is risky and bitcoin investment is also risky.But as far as i know,im following the bitcoin price movement for the past two years.There were some issues and lots of rumours that bitcoin is going to die,but bitcoin quietly overcome such situations and its price is $1735 today.So invest in bitcoin only on a long term basis.Bitcoin is an innovative digital currency gaining more importance day by day and being adopted by more countries nowadays.So you can invest in bitcoin. Yup its good to invest in Bitcoin on the long term basis but the problem is in there is you don't know when to buy to maximize your profit, because a long the way its now always ups but there are also downs in which is the right time to buy Bitcoin as it is where it is priced at the lowest value ever. At that point you have created a margin of safety in which you know that when it falls you are sure you won't be affected too much as you created a base from the start. |
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Bitcoin is my savings. Every month i always set aside revenue to buy bitcoin. Because i believe bitcoin will benefit me later. Although in fact, if i sell it now i have made a profit. But i prefer to hold it.
I admire your dedication and discipline brother. I assure you that Bitcoin will really benefit you in the future and you will really earn from it. Keep on holding your bitcoin or try to invest it on legit investment sites to earn more. You really got me confuse ahmia39 as saving and investing is a different kind of thing. What you are doing right now is investing as you are expecting some kind of growth on the money you have put into, while in saving you just expect that your money will be there and it won't neither increase or decrease in value. Also keep in mind that there is always a best time to buy Bitcoin as price right now are still on the high level. |
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Bitcoin will not and cannot replace fiat, there are some people who are not educated that much in the world of crypto currency, and these people will always use paper money even most of the current generation have no clue about bitcoins and thus will continue to use fiat for a long time.
And also include those people that are not educated when it comes to technology. They should be aware first and adopt technology before they are going to know and learn on how to use bitcoin. But most of them will think that using crypto or bitcoin is just a waste of time, just like me before. "Why there's a need to use this if there's cash?" Plus not all the places in the world have internet access. And yeah imagine if you are in a hurry and blockchain is traffic? LOL. If bitcoin can't make it super fast then someone is going to be adopted which is instant or at the very least fast enough. Also by seeing whats in front of us and I mean its not even about everyone getting to have access on the internet but the legality of Bitcoin. We all know that Fiat Currency is strong and stable because a country is the one running their own currency. Bitcoin does not have the support it needed to replace Fiat, let us simply put Bitcoin as some kind of currency that is controlled by the big players in which they hold its future. |
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I heard about bitcoin from my brother. He was into bitcoin from quite back and was earning good. The day he made 200% profit on his bitcoins, it got my attention.I got interested too and learned about it. After that I invested in bitcoin. Till now all is going good.  How the fuck can he made 200% with bitcoin? Does he invest his money in ICO? Or was he very lucky in some gambling game? I have never seen anyone like that even when Bitcoin is the greatest currency on this planet No. Actually he invested in bitcoin way back in 2015 when it was $300 and he sold it in the starting of this year. That's how he made 200% profit. You are right. Buying a bitcoin on that year is possible and holding it for almost 2 years then that whats you get a ton of profit from it. That is the good of bitcoin if you bought a bitcoin and holding it a year or more then it is sure profit from it but most of the traders dont like long trade so in the end if the price of bitcoin goes up then they easily sell it Well buying it way back 2015 priced at 300$ seems like a good way to double your money, but if you look at the price now your brother would have made 600% of what he invested. I don't want to say that it was a wasted opportunity, what I want to say is that how Bitcoin has come along up to this date which is 2017 just 2 years and it is now 1700$ a big leap at any currency available to man. |
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2m usd. you buy btc and stock for few time.because day by day btc price increase. other you can trade for hug earn. also you can buy some coin cheap rate and keep for long time. when you buy, you follow coin future.
That is true with 2m usd you can invest that in bitcoin and just small pump will be a big win for you because the bitcoin is increasing every year, year by year it is setting up a new record when it comes to price, so with that amount of money just let's say the 1m usd is the one you will use and then you will have a huge earning by the next year. Its pretty obvious that OP does not have that kind of money. Because he won't even have that kind of amount in the first place if he does not know what he is doing. Also why would he ask a question online about where to invest his money? Isn't that one of the biggest mistakes you will do because you will have a lot of different opinion on that matter. |
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Well you are right that Bitcoin will increase its value more than 1000$ as it is now above 1700$. Right now Bitcoin's demand is growing and growing making the value of Bitcoin to go up steadily the only problem is with the new entry of new investors in the scene it can have a huge impact when a sell off will happen making the newbies not hold their position when big players starts selling theirs. What I mean about that is they will also go to the flow in selling their position. So the chances are it might revert back to a lower price anytime soon.
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What is the basis of your price target for Bitcoin? Because 6000$ is a big target for Bitcoin to be even having with just your assumptions. Just by looking at the chart you just need to see that Bitcoin is on a long term uptrend and the bad thing about a long term uptrend is the higher chance of having a big price correction, and what I mean about that is it can fall deeply to what is it now. Its five months out before the year end and I think 6000$ is to big for a price target.
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Governments aren't greedy, government exists to keep country alive and existent, what makes the government corrupt is people inside it, some are greedy and pathetic while there's still good people exist inside the government. It's wrong to say that government is greedy and corrupt if without it, a country will never hold on and the whole country will be destroyed then.
Are we living on the same planet? I think you overestimate goodness and altruism level in people. Governments were created to serve but this is no longer the case. Most politicians I see are crooked greedy bastards, even, or especially world elites. Money rules over everything, corporations and business own politicians. There is so much dirt behind the scenes, more that we can even imagine. Corruption will never be fully deleted it will only evolve. Lets not judge all politicians to be all bad persons. If they do than there is no country in this world that is progressing. Right now you can see that some governments of their own countries have the right way on how to run a country and how they make it develop more. Its not always the governments fault, in fact some of us have the right to vote our own bets for who will run our country making it also our fault why some of our officials are crooked. |
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People that are buying right now are probably panic buying in my opinion. I don't see a problem with selling right now with the prices so high.
You will just left behind the trend if you sell now. People are not on panic buying state. They just want to add more BTC because it is now widely adapting by some major country that will result on it's price fluctuation. Now in a short we can expect panic selling from the user base. Even a small fluctuation will make the user to panic of missing the right time to sell. But in reality every time this won't happen, because after a minor fluctuation the same price increase takes place. So most of the small scale users will be the sufferers. There is really no panic buying that is happening right now if it is then the price of Bitcoin would exceed 2000$ right now. What is happening is there is an upward pressure happening as there is a lot of buyers but a few sellers in which the buyers are force to buy at a higher price. What they don't know is there will be a big sell off at the end of the trade, we need to prepare ourselves when that day happen. Bitcoin's price is easily manipulated this days as demand is also playing a big role. |
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Its a risky investment as what we are seeing now. As the saying goes the higher the risk the higher the reward and what we are seeing right now is one of the biggest price movements of all time, what I mean about that is it was just 500$ per Bitcoin last year right now its above 1700$. That being said the quick price movement of Bitcoin could lead into a big and long price correction.
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Bro Bitcoin is priced at 1763$ as of today and you are saying that Bitcoin's dominance is decreasing. An increase in price tells us that there is also an increase in demand. Bitcoin right now is way ahead of any Cryptocurrency out there and it is proving to us that it will still continue to grow with the increasing demand it is having. Right now the price says it all.
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Wiw as what isee quantum is doing the best as far and i'm haooy that i'm part of quantume signature campaign that helping him to promote their project. Well hopefully that this ICO and thus project would launched succesfully. Anyways i hooe to see quantum in near future that growing eniugh
With over 850 BTC invested and just 6 days left, I think Quantum project will be a grand success in the future and with all of our support, it will grow in a good manner. Happy to be one in spreading the Quantum project. 850 Bitcoins is not joke. That is over 1.3 Million is USD. The money invested into this Altcoin is a big amount which means a lot of expectations are in place that it will have a bright future in which it will grow in terms of value. Now the Devs are the ones who need to maintain and develop their Altcoin more so that it is steered in the right direction. |
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If Bitcoin is banned this doesn't mean it will die. People will still find ways to use it without letting the police officers know. If there is no more internet a lot of people will commit suicide because internet is part of their daily life and they simply can't live without it. In no situation Bitcoin will die because its uses are growing more and more each passing day.
yes you are right that bitcoin can not be die in any situation because the users of bitcoin are increasing very much that if the government ban it then people will not stop to use it and if someone think that the absence of internet will be the cause of bitcoin end then i think that everyone in the world is so used to internet that it will not only affect the bitcoin but it will affect the life of everyone. Guys if we still pursue to use Bitcoin even if it is illegal the Government has no choice but to take matters into their own hands. In a way which they will likely block all Bitcoin Wallet Services to their country. By that way for sure it would make it impossible to transact or even use Bitcoin at that country. Anything that revolves around the internet can be controlled by the government its just that right now they are not seeing Bitcoin as a threat to their national security. |
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you better make their own investment. you can trade altcoin. Never store investment in Ponzi. You will regret it if ponzi know !!!
This is my choice on where to invest your bitcoins. It's going to be risky if you are going to invest that with ponzi's and yes invest of profit, you will get regret upon investing there. Trading is one of the most trusted investment in the crypto world and it has been proved by many of us but learn to trade first before investing. Ponzis and HYIPS are not even a real investment in the first place. Putting your money in a high yield invesment program is a joke because you are putting your momey into a fake company that fool other people. What really happens is the old member will receive the new member's money and the cycle will continue until the system will go down because the site owners will run away with your cash. Invesments are real properties such as stocks and real estate. Not something that only exist around the internet. |
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As the saying goes: "there are many ways to Rome" as well as how to get bitcoin. With altcoin trading, mining or working on something like signature campaign, bounty, web dev or anything in this forum are some ways you can earn bitcoin.
Those are ways of earning Bitcoin but I don't think it can be classified as a "great way" because some of what you have said requires a lot of study or capital to earn money. Mining is not a profitable anymore for Desktop Miners you really need an equipment dedicated for Mining. Also in trading you need to have a lot of time invested in studying in and around it because that is the only way of increasing your chances of taking profit. |
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
Fiat, also, was not made to be used on porn sites, gambling, and drug dealing and yet fiat is also used in such manners. In relation to bitcoin, fiat and bitcoin were made to be used as a mode of payment. We cannot control how people will use their fiat/bitcoin. I would not say that it is a misuse of currency since bitcoin was used to pay porn site in order to view porn, used to bet in gambling, and payed bitcoin in exchange for drugs. They used bitcoin perfectly as a mode of payment. I say, it is unethical/immoral usage of bitcoin/fiat/currency since they used it illegally, immorally, and unethically. You have a point not only bitcoin is being used in that activity but also fiat. Its up to them on how they will use the bitcoin wether it is good or not. And I think the creator of bitcoin is not made the bitcoin for that purpose. We cannot ignore the fact that Drugs and Dark Web have a major contribution on where Bitcoin is now. The site Silk Road uses Bitcoin as a main currency for their transaction involving drugs. Also some sites related to torture and killing also accepts Bitcoin. Its not created to become a currency for doing bad things but it is fitted to do just that. The security you are getting makes you safe from getting behind bars. |
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I think, banks will not be disappear. Instead, they'll start using bitcoins instead of fiat currency with some regulations like in fiat.
Of course not, they will not just disappear. But, it's better to improve their banks . Like what you are talking about, fiat currency. I think if the other banks was able to accept bitcoin, hmmmmm there's a lot of people goes there or bitcoin users to deposit a profit that we invest. Banks that accepts and converts bitcoin was nice to hear.😀 Are you even basing your assumptions with facts? Because last time I check banks are one of the richest entities in the whole world even companies such as Windows and Ferrari have a debt with the banks. And you are thinking a currency will replace such entity? If they see Bitcoin as a threat they can surely adapt, but I don't think the first one to do an action are banks but the government itself. |
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There are three important aspects that can make the price of tokens grow exponentially. The first is that tokens will be issued at one time and there will be no more tokens, meaning that there will be no new mined or created coins entering the market. The second aspect is that the number of tokens, not only will not be bigger but on the contrary, will be smaller. With the repurchase of tokens their number will be decreasing with which they will be more valuable. And then there is the third aspect, which is very interesting from a psychological point of view. The fact that every month the platform repurchases tokens tells the holders that someone is going to buy their coins. That is, the person who owns the tokens knows that at least once a month someone is going to enter the market to buy those tokens which can allow higher selling prices to be maintained. It will be interesting to check the effects of this process over the months.
This post is well thought of and summarized how the value of a token can elevate its price. This is one of those projects that gained trust thru time even though the team behind this, is still anonymous. Though they have already a physical address to contact to. Sometimes sig campaign has really good effect on the company as you have a lot of people behind you, trying to rationalize what's in store for the project. Indeed, signature campaigns brought a big impact to promote a certain coin or whatever it is. Although the value of it does not really depends on how many good posters they have but on the trust that they will put in market, on how many investors are willing to invest and as I can see we have a good start until now. They talked about this in the thread, they have said that Quantums are a limited Coin in which it gets less and less quantity because of how the blackhole address they have. The question is will it really result into the upward pressure of their price. Because it is a unique concept that I heard for the first time in which they really have a limited quantity. |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
That's very good idea, nowadays everyone watch tv and the best way for advertisement is tv so it will definitely increase the popularity of bitcoin and more people come and.invest their money in bitcoin. But there is an issue bitcoin is decentralized so may be government doesn't allow to advertise this on local tv channels. It will be popular for sure but will it be any of use for them? We must be able to give them a lot of options when before. Let say 50% of the people are using Bitcoin but they later found out that no one or no business is willing to accept it, then it would end up being pointless that it became popular with no use, it will give Bitcoin a bad image. |
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I think it will entice more business man the just local persons. There maybe some others who would want to try but if u are not really an internet person and u'd rather have physical interaction then its not really aluring. It's better to advertise in internet than in media men or have it advertised in a news form.
I don't think the point of a T.V. commercial is to entice Businessmen but their customer. Also Its highly unlikely at this time that they never heard of Bitcoin. Businessmen are opportunist if they see that Bitcoin is now becoming a big currency they will surely adapt Bitcoin as a mode of payment. |
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