Well it is better to have a few alt-coin with a bright or good price in the future,
Rather than having a lot of shit-coin that would just be dump continuesly until there would be no more demand for it.
If you have a lot of bitcoins let say at least 20 bitcoins then you can go for a lot of altcoins to hold but if you only have a few bitcoins then stick to few altcoins. It is always about risk management that will help you make a lot of profit by investing in altcoins and it is not a good idea to invest in shitcoins because those are just good for whales because they can manipulate it. |
|
|
|
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
Bitcoin has actually become a new form and means of payment. Its not yet reaching tge point of be coming a currency but it only shows that the technology of it has tge potential for the future. Bitcoin is one of a kind form of payment, if it will be fully recognized it will surely show itself as more than capable as a currency. It is not actually became a means of payment, it is just an another option for people if they want to be secured and if they want a faster mode of payment compare to the banks that will require them a lot of things and they need to wait for a few days before they get the money especially if it is a huge amount of money and that when bitcoin come as a means of payment but for ordinary payments it is not suitable to use bitcoin. |
|
|
|
Because most people misinterpret a market crash as a loss. This only shows that a lot of investors or traders do not have a true sense of understanding about the crypto market. They hate seeing prices going down because they think they have lost their investment. If only more of us would start looking into the facts and strategies of this system, then I'm pretty sure that we will see much lesser members crying across this forum.
What is wrong about people misinterpreting the market crash as a loss? It is indeed a loss because you know that the price of your holdings in cryptocurrency are declining so you are having a loss or even worse, huge loss which can affect your emotion and also your portfolio's value so that is why people are complaining about the fall of the market. |
|
|
|
I've never played an income-generating game to spend time playing it. I prefer a faucet similar to playing a game. The faucet can provide a good income based on the time spent on it. When a game with clashes is given some bitcoin compliments and it will popularize the bitcoin of more gaming sectors thoroughly.
Faucet sites never give a good amount of income for a bitcoin user and i am saying that because i already tried it by myself when i was just getting started and even though i am spending a lot of hours in order to make a good or decent income with those faucet games. I would rather do participate in some opportunity here in forum rather than doing faucet. |
|
|
|
I dont think that selling bitcoin or any crypto currencies is a stupid decision we all know that someday we are gonna need to use them for some reason that we cannot avoid to continue in our lives in a good way and maybe we just holding it and thats just because we want to have it a lot of great value in the future and every day we are looking and we are waiting for that right time to make a lot of good profit in ourselves
It is indeed not a stupid decision but if you will sell your cryptocurrencies for a very low price then that will make you look stupid because you should wait for the comeback of the market like the bull market and that is when you should sell to not look like a stupid because that is the right and best way to unload your bag. |
|
|
|
Bitcoin is mistakenly called the Ponzi scheme. Firstly, in the process of the Ponzi scheme there is a person in the center who earns by attracting new people and their money, and bitcoin is not controlled by anyone: neither the center, nor a group of people, nor even one person.
Your statement is correct and that is also the reason why we should not trust the people that are keep on saying that bitcoin is a ponzi scheme because that is not true since bitcoin is a pure asset and you cannot treat it like the networking because networking is only possible to the HYIP investment which they earn through a ponzi scheme. |
|
|
|
You should know bitcoin work and understand something about network security and if your funds will be stolen nobody cant help you
That is a good point and people should always understand what they are trying to get into before they fully make a commitment to try it because if you don't know or if you don't have any knowledge about the thing that you are about to try then it is not worth it to just keep your attention to that because you will fail and you will not get the success if you don't have knowledge about it. |
|
|
|
this is quite expected, since it is impossible to change the technical characteristics of bitcoin, so the technology itself is gradually becoming obsolete, and many promising altcoins come to replace bitcoin, which in many ways overtake it in the technology process. as an option, bitcoin will soon become just a long-term investment, as well as antiques, which is valued simply by its rarity.
That is right, the other cryptocurrencies will replace bitcoin and the altcoins who have got the better and the latest technology that can be so beneficial to other people then that will become the winner and the throne taker from bitcoin and bitcoin will just become an antique and just a part of the history of the cryptocurrencies. |
|
|
|
true, bitcoin has value because all those believers and beliefs that now make bitcoin have a very high value, and public confidence in blockchain technology, then that transaction can make a world change so everyone is happy with bitcoin
Everyone who get into bitcoin are now because they made a lot of money with bitcoin and because of the opportunities that they are getting into because of bitcoin. Cryptocurrencies are just the best thing as of now in the space of the virtual world. Bitcoin and other cryptocurrencies should be taken seriously in order to do more improvements in our world. |
|
|
|
If I think again, it is also true that China indirectly controls the movement of bitcoin prices, because whatever is done by the largest bitcoin market in China will greatly affect the overall surge or decrease in bitcoin
if the bitcoin holders the majority of chinese then it could be controlled by china. but all depend on the market, because in the market is not chinese people only. chances are they did come with big capital then they can control the bitcoin market. China already banned bitcoin exchanges and probably the overall cryptocurrency in their country is now banned so i think that there is no way that we should worry about the manipulation because it is not possible right now and the market of cryptocurrencies are now more stabilize compare than before because there is no flash dump or pump that is happening especially in the top cryptocurrencies. |
|
|
|
|
Bitcoin won't be a global currency because bitcoin is banned in some of the countries in the world and that can't be called global currency if some of the countries are against bitcoin but it can be change in the future if those countries who banned bitcoin will see the progress and the significance of having bitcoin in their life and also the benefits of its technology.
|
|
|
|
No wallet is 100% good. They all have their advantages and disadvantages. So you will just have to make your choice.
Another way to choose a wallet depends on what you want to do with the bitcoins you want to buy. If you plan on holding on a long term or you plan on trading.
However, I'd suggest some wallets. You can use blockchain wallet or paxful. They are very good wallets.
In my opinion, there is a wallet that is 100% good and that is the hardware wallets because they are hardware and offline wallet so it means that you have a higher rate of security and assurance that you cannot get hacked or get your bitcoin stolen easily because of those thick layer of advantage in terms of security so if you are really looking for a good wallet then go for hardware. |
|
|
|
this is very good for us so we can see that many things that we concern and see about to choose our wallet, what is the best wallet for us to makes hacker can't touch our wallet and keep save our wallet, thanks for the information about it
Of course we want the best for our cryptocurrencies and we want the best security for them and that is why we should do a lot of research to find out what are the advantages and disadvantages of having cryptocurrency wallets like online/cloud wallet, desktop wallet, paper wallet and hardware wallet to pick which suits the best for us. |
|
|
|
|
I don't think they will offer bitcoin deposits because the banks are centralized and they want to get control of what they are using and since the bitcoin is not stable then it is not a good option for them because they might loss some profit or money if they will accept or offer cryptocurrency deposits so i think, they will never offer bitcoin deposits.
|
|
|
|
|
Bitcoin remain dominant for a lot of years and for sure it will keep being dominant for more years because the market capitalization of bitcoin is really higher compare to the market capitalization of other altcoins in the market so it is easy to view the future by looking at the market capitalization and bitcoin will stop dominating the market in terms of overall if some altcoin surpasses its market capitalization.
|
|
|
|
|
Bitcoin is not a private currency, it is just a cryptocurrency which can make you anonymous because you can't be tracked but it doesn't mean that it is already a private coin because for me the meaning of private coin is a coin that is totally anonymous, it means that there is no tracks that the other people can follow to find out your wallet or anything like that. Bitcoin is just a semi-private currency for me.
|
|
|
|
|
It is indeed true that bitcoin is an asset right now and not a currency like the people want for bitcoin because they want to experience using it to pay different item purchasing online or even offline but bitcoin is just an asset where you will just invest your money and leave it there for the mean time and wait for the value of bitcoin to go up and sell it for profit.
|
|
|
|
|
I don't think that bitcoin will have the lead in the market of cryptocurrency forever because bitcoin still need to continue developing itself in order to have a consistent competitive technology and brand in the market of cryptocurrency. The only thing that bitcoin has now is the lead but it is just for the present but in the future, we can't really tell if bitcoin will still be the king.
|
|
|
|
|
I think you can use VPN to have a layer for your IP so you can still access to bitcoin or if you want to fully use bitcoin without having anything to worry about then you can just go out from your country and move into another country where you can use bitcoin and work in bitcoin without worrying about any laws that might forbid you from using bitcoin.
|
|
|
|
No it's not to late to buy bitcoin actually the price of bitcoin now is low in the market. It is the chance to buy more bitcoin to get big profits in future when the price is pump again.
Buy low sell high, that is the simple rule that we should stick in order to make big profits in the future because if we will not have a solid plan and rule to follow then everything will fall apart and your goal will just look like an impossible thing to you and you will experience doubts to yourself. |
|
|
|
|
Show Posts
