When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
Yes it's about time now for you to buy more bitcoin, But of course, it supposed to be according to your capital budget. But as long as you can afford to buy do it then hold in a long term. Then when it drop the value of price take the chance again then buy just simple as that. |
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People started to speak about bitcoin more and more. Some webshops accepted bitcoin as payment currency. There is a lot of news on different portals about cryptocurrencies. The world is changing.
Yes you are right mate, but even bitcoin spreading out in different places still most people had a doubt on bitcoin. Though, they heard and saw that many of their became prosper because of bitcoin they are still stagnant and no action about it. Meaning, They still don't believe into bitcoin. |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
Actually, we don't have any fixed amount of source of income in doing trade in the exchange site. But we have a chance to get earnings in a short and long term trading though both engaged in risk involved but really profitable. |
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I think it's like an online business, but the difference is only with different forms and exchange rates, if now online businesses use Bitcoin, it will make it easier for Bitcoin users who want to shop whatever they want with Bitcoin.
I just want to correct something, Bitcoin is not like an online business instead It is really an online business online job. Only the difference of bitcoin bu making online marketing in USD was bitcoin was unregulated industry while online marketing is belong to regulated industry businesses. |
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Yes it is an opportunity for the traders if the price value of bitcoin fall, which is a chance for us to buy more of it, or to buy as long as you can afford to do so. Then if the value increase it is also time for us to sell some of our holding coins.
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
If there are people like them who hate bitcoin, leave them at once, due to its just a waste time to listen to their reason about in bitcoin. Though we are the one who knows the goodness of it, in terms of usages and features of bitcoin. |
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f I can just buy the refrigerator from bitcoin results so far, I am classified as less focus in bitcoin world, but now after seeing the bitcoin price of this I started focus again, because this year I have a target to buy a car ...
If you are anything?
Because of bitcoin, I felt that I'm little by little getting out of debt, aside from it Bitcoin became the replacement to my job, moreover I also do have savings because of it. Where I never did it before when I was working in the government. |
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I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
For what you heard was right! Bitcoin is a good investment now if you buy a huge of it or even for a small amount only you could have a chance to get a profit benefits in the near future. So start buying bitcoin now as long as you can afford to do it. |
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Everyone that is currently "investing" in BTC and other cryptos are the "crash test dummies" of the future.
Most major banks and many large/wealthy governments are coming up with their own cryptocurrencies.
Why have these entities not released them yet? Because they are watching, waiting, and learning from all of the mistakes that other cryptos are making.
High fees.
Slow transactions.
Volatility.
Insecurity of wallets and exchanges.
Public distrust.
Reactions to media attention.
Criminality/money laundering.
Backed by fiat currency.
Lack of patent.
And on and on.
I've been reading this forum for days and I don't see this big picture addressed except in rare cases. Almost everyone making predictions truly believes that BTC will be around for 50-100 years let alone 2-3. Every day that goes by is just one more day that forces and entities with far bigger market caps than $100 billion are learning from all of the mistakes and problems plaguing the existing paradigm.
If one is to make a wise investment, they need to be aware of how quickly these markets can change...and literally overnight. I don't expect much from the fanatics other than irrational reasons why my train of thought is flawed, but I do hope I see some of those individuals that are usually silent come out of the woodwork to offer solutions. In other words, BTC can only survive if its community takes a mostly pragmatic point of view. Otherwise it is doomed to be raped and discarded in a way that will leave most reliving their failure to act like that will leave permanent emotional scars like that of PTSD.
We don't have to worry about what government can do, because whatever they wanted to do or plans into bitcoin they can't do anything nor touch bitcoin because of the decentralization of bitcoin has. This features of bitcoin is the powerfull tools we had against the government of each country. |
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Ever since I never experience to some money in any bank. In some other way bank is okay so far, maybe in terms of if you are in outside you had your ATM you can withdraw anytime you want. But keeping your money in the bank I mean bank book, no I didn't do that yet.
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The government in all countries are dreaming to control all bitcoin community in the entire world. But why they can't do anything about it to control it? it is because each government in the whole world are being categorize in centralization, while bitcoin was decentralization, that's the reason why bitcoin is can't be control by any of the officials of the government. and it is the reason why? we the bitcoin enthusiast are the bank of our bitcoin/altcoins.
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Congratulation for the great news!!! If I will be you, I will use part of Bitcoin to cover first expenses you will have soon. For the rest, I will open separate account- wallet and keep this Bitcoin for child. In 18 years this can be huge value and maybe pay for his tuition at college, new house, car  Nice advice of yours, I think she will follow your opinion it is like you save money for time deposit then after several years, you will take the lump sum of your fruit of labor which is the harvest time in the right time of course. |
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If we look at the trend of bitcoin values higher than in gold. I prefer to invest some of my money into bitcoin and partly for gold so that the risk is less.
Hmm somehow you are just saying something which you didn't even think that what you have said I mean if you are having precious thing like a bitcoin then why you would go for gold as well. As you become a lover of bitcoin then you will forget about cheap services of the world which is 100% disturbing you in a daily life while bitcoin is relaxing you daily. You don't have to blame Elsaveronicha for what he/she said and it because of the unity which is not in bitcoin which leads to the hard forks. Therefore, most people who don't really understand bitcoin are having a second thought. That's right, If you are deep in bitcoin of course you're gonna choose bitcoin not gold, But if you are lack of knowledge about in bitcoin you're gonna choose gold due to its almost ancient already but if you knowledge for both of it, you can them both too. But for now, due to the volatility of bitcoin it is much better to choose to invest in than gold though it is good to choose gold too. |
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For me there's a potential that bitcoin can reduce unemploynent. Bitcoin can help people who is unemployed, because you can earn money here and anything that you can earn money is considered a job. And i know in this modern world all of us has a cp that can be used in bitcoin.
We are now in modernization of our time, so that is very much possible were bitcoin reduces the unemployment. Like in my country now, yearly the count of unemployed citizens is getting increase daily, since the private sector companies and the government cannot accommodate them all, bitcoin helped others unemployed who became open minded in this matter ang give their time and effort to gain bitcoin in the near future and now most of it are earnings through online. |
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Just a couple of months ago, there are several countries were they adapted the system and concepts of bitcoin and they decided to make bitcoin be legalize to their country Such as China, Japan, and now India soon where bitcoin can also become a legal currency to their nation. This shows only that bitcoin has a brighter future.
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I could research on my own but i would rather narrow down my research time through you guys. Thank you.
I had no idea about the books talking about in trading or explaining unto it. The only thing I know about getting knowledge in trading was you tube, There are some video blog in you tube explaining about in trading discussion, and you can also read always or you can open bitcointalk.org and read most of the time there and click on trading discussion. |
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Hi, new to bitcoin, I invested some money into bitcoin mid June after seeing all the hype online, since investing it's dropped like 20% really not sure what to do now if I should sell up now take a 20% loss or hang onto it and hopefully it will go up again? But after reading the news looks like it's not going to go back up?
Sorry for sounding stupid just jumped into something I didn't no anything about.
Thanks
Regarding to your experience in trading in the exchange, you don't need to get worry about it even the value was dropped, stay at ease in your original plan. If you hold it in a long term just keep waiting about that. Because, it will go back where it belong to the original price value. Just always don't get panic in situation like this okay.  |
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For us to become a traders, as long as you have enough knowledge in doing trade in the exchange platform.
You are able to become a traders at once as long as you are determined to do so.
Become to trader very easy, only need you adhere your rules when trading, but if you can't do that, you will become to gambler, not is trader. The different between trader and gambler very small, just use your brain when trading or use emotion! Indeed! There is minor difference between a gambler and a trader. Gambler is always looking for quick profit and mostly takes emotional decisions because for them all is totally dependent on luck whereas the case of trader is opposite. They do deep analysis of market before taking any decision. Traders go for long term investments. Exactly, most gambler are focusing on their luck, for hoping to get an instant profit. But most of it always end in loses of money. While trading is a serious matter where you are able to earn big depending on the coins you trade. So, therefore if you have enough knowledge in it and had an ability I. think that's the time your a good trader anyway |
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Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
Its true that bitcoin/altcoins are really better than regular currency. Because of the volatility many of the users are gaining benefit from it compare to the real money. Bitcoin was a very safe one to make savings for the future, it is good too because of decentralization that bitcoin has. |
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We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
Since we always said here that bitcoin is an open sources to anyone, it is also open for legal and illegal purposes but this will be depend on the individuals to their own reason of how to use it. but I am hoping and wishing that majority of the bitcoin users will not abuse the usge of bitcoin. |
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