As I said in the title. I was interested in putting my money into Bitcoin because of the ever-increasing price. But I want to know what the biggest risk is to hold Bitcoin?
well as i see, the only risk i know for holding bitcoins for a period of tiime (long) is if its value will go down, but as predicted by major analyst bitcoin will surege up high on its value in the coming years, so i will not think of it as a risk, o a thing about holding a bitcoin in a bitcoin wallet , if you forget your password then you are doom but theres always a recovery thing soooo.. thats it
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Hi Good Day Dev,
I would like to change my rank from member to Full member. I also change my signature as Full member, and also put the Avatar on this project. Hoping for your kind consideration. Thank you.
signature: danjonbit twitter: JimzD22
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Were here to gamble, and greediness is part in gambling, if you do gambling just for fun then there is the possibility that you can control your greediness, but of course situation make you go all and thats the greed will come out, just enjoy the game make a bet that you can accept of a loss, thats one way you control greed.
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Every investment has its own risk wether it will be small or a big investment, or in an online investment, and as for me bitcoin ill say a good place to invest money, yes it has risks but its just a small risk i guess.. the prediction in bitcoin coming from a good source is it will pump up this coming days may it week or years but surely it will pump up.
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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)
for me, anytime now would be a great time to buy a bitcoin, it is predicted from a good source that its value will go higher in coming days if not its coming weeks or months or could be years, but surely bitcoin will pump up in the future and if you will buy now surely profit will come to you in the future, but if you are a trader just take a look at its value thread and buy when it start to down and just sell if you are comfortable with your price
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I am asking this just to see the different opinions of Bitcoin community about its long term potential
I know Bitcoin is actually strong enough and stable as well
But what do you think about it after 100 years ?
wow 100 years? come on. but in 100 years i think aliens would invade earth, and that is the prediction of scientist, im serious... but if that wont happen bitcoin will surely survive, many people are on it nowadays and see how can it help for themselves, so in the future (100 years) there would be a lot of user in in bitcoiin world / cyrptoworld.
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Do you gamble for fun or for profit?
I did have some fun on gambling by betting more and winning more , but its a diiffferent story if i bet more and loss more, anyway i do gambling in cryptoworld to get a good profit, we all want that, but for me enjoying it and getting good amount of profit on it make it a lot more fun
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there is some possibilities that other coins in cryptocurrency would replace bitcoin as per status, but it would be hard for other coins to level on bitcoin for its value is geeting stronger and more stabilize coin than other coins. also more establishment are using bitcoin as a main coin for their transactions.
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Do we still need to pay income tax if we earn through trading/investing in Bitcoin or Altcoins?? I think we dont need to, income tax are from things that government holds, bitcoin is free as far as i know, that is why government pushes for it to control it, yes we have fees for our transaction and it will be a fees for the private companyy who holds those coin.. this is just my view and opinion.
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Would you accept bitcoin as your salary in your profession, especially if you work in other country?
For me yes I will accept bitcoin because we can exchange it in our local currency.
it will be a good idea, i am willing to accept bitcoin as my salary, things is slow here in my countery about bitcoin but i think i can manage it, i will surely do some trading on with my salary bitcoin make more profit on it while its value is increasing. im hoping it will be that way
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
i think a thing or two on why do people store thier bitcoin on wallets. they ,ay have a faithfull look on how the bitcoin grows in its value in the future, (i also think that way),they want a long term investment or they just dont want to go in trading and keep there bitcoin safe and claim if some profit will occur
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now bitcoin has reached the price of 4445 $ is not it at that price should everyone have already know what bitcoin, but in fact there are still many people who do not know the existence of bitcoin, what I ask is there any powerful way that all people know how to use bitcoin?
i cant think of anyway powerful enough to let all people know about bitcoin, but there are many ways on how to approach them and explain them little by little for them to absorb the knowledge on bitcoin and how it works, also be an example, be a successful thing first before you share ..
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bitcoin really can help those who want or a person whose on it in cryptocurrency, it also can change someone lifes if your lucky enough, but Ending World Poverty? I would say it is impossible, many Big Fish will counter bitcoin in the future, also not all Person are willing to know about bitcoin. just my opinion.
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on me, I am now searching for any good storage or wallet for my bitcoin, but i think thers a lot of trusted site wallet now but i just want to be sure that i can feel free and dont have doubts on it in the future, for now i am storing it in my first wallet
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Will Bitcoin ever be reach a value of 100.000 dollar? What do you think?
all are expecting that bitcoin will go up high, I also do expect that it will come true, but on its value thread for now, $100,000 is so much for it, it can may go up high as much as $10,000 next year or maybe more. but for the future comes $100,000 is possible, and im also hoping for it
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now this bitcoin has a lot to use as a place of investment but I want bitcoin as a front investment who have done it let's share with me how to invest with bitcoin for the future
Bitcoin really have a big potential and get a good profit in the future, investing in bitcoin will give an assurance for us to look forward for a good future, thats why for now its a good choice on investing on it, and roll this investment in cryptocurrency
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