To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money
For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.
Did you even think before posting this topic in the forum? Only a stupid will tell you that money does not make you rich. If money doesn’t make you rich, then what else would? Coconut? Try going to a restaurant to eat without money and let me see how possible that would be. Or maybe you should try to invest without money or buy a house without money. Even the reason why you are here today is to make money and you can’t tell me that you have no money in your bank account, even if it’s $1. So money is important. |
|
|
|
Last year bitcoin was hit 20k & it was awesome moment for us. Bitcoin expectation end of 2018 is it will hit again 20k or more than 30k+
That is right about the last year. Even this year we are expecting high and may be above $20000. So many experts have been predicting about the high values in the last part of the year and once Bitcoin crossed the $10000 value, it will have jumps that is rise of thousands of dollars like we had the last year. The current speculations about the value of Bitcoin by the Boss of Internet are that it will cross $30000 in December. |
|
|
|
Yes I agree, panic selling is not the best way to do with our assets and holding it is I think is the ideal way, but if you own a shitcoin maybe you could dump it but if you think that your coin has a potential you could hodl it for long. If we have trading experiece we should know this tips.
Panic situations means you are entering your emotions in the market which has nothing to do with the market so better you keep inside. Market needs a solution to recover and solution for low market is to place more money in the market so that demand rate activates the value to go high. So this time all we need is to focus on our trading processes and not to enter emotions here. |
|
|
|
will of course have an effect on altcoin up and down things are reasonable in crypto so no need to panic,now down could be next month will go back up when the bitcoin price falls, it is certain that the buying demand is decreasing and many investors are selling their coins.
Price fell down to 5.8k dollar which was the lowest value recorded this year but I am talking about few days ago. Right after this downfall on the next day we saw a little improvement to 6k dollar and then it started increase trend which led the value to 6.3k dollar on the next day. Today the value reached to 6.5k dollar which is good news for Bitcoin’s users as we are improving slowly with the passage of time. |
|
|
|
I believe that the prediction for Bitcoin market capitalisation in the next decade is too high and if the market capitalisation should be up to that amount it then means Bitcoin market value will up to like a hundred thousand dollars per one which seems impossible in my own believe.
No you are wrong the price will be $1000000000. What nonsense you are talking about. People like you want to waste the time. The augment is out of content and has no value at all. What you people think what is bitcoin. Bitcoin is just a usable currency and not for earning more money. You can say that in 2028 the whole world will use bitcoin as their regular currency. Not sure about this much rise in the value of Bitcoin but experts say that the value will rise from current value to at least 25k dollar by the end of this year or in the next 8 months. This up rise will only possible if we look and focus on our investments to invest further then the rate of demand will go high which will further activate the price of Bitcoin to go high so up rise strength depends upon the market situations. |
|
|
|
The only benefit that i got over these years of gambling a part from money was mainly friendship . I have tied so many friendships these past years in either casinos i go to or cyber coffee shops where i usually go to study the future sports events and speculate about them , and through these years i have made friends who are very good at speculating what will happen especially with the sport games that they follow the most , having such people in your life doesn't only make it easier for you to speculate and place bets , but also to find another way of spending your time and loose the whole of it on gambling .
Visit BookiePro.fun and you'll be able to find a variety of games to bet on , as a veteran gambler i enjoyed using it and it has a unique user experience that you won't experience elsewhere than at BookiePro.fun !
For me, I generally view playing those gambling games is a good sources of fun and second impressions was just a lucky profit. If other people thought that it will give them sustainable profit along with the fun amusements they had, its totally inappropriate idea. Gambling if not managed and handled well through emotional control, that's your way of being addicted which could lead you to loss of financial stability. Fun is only in dice game for me and this is the only game that I use to play in gambling. I never gambled for making money because I know that gambling is not a source of making money but a way of losing money. When you lose your money in seconds how it can be beneficial? There are only deficits of gambling and that is that you will lose your money and respect as well. |
|
|
|
congratulations for Brazil fans that their team already reach to quarterfinal after defeat Mexico 2-0 and probably this results according to people predictions that Brazil will certainly win and i'm watching the game seems Brazil is too dominate the game even Neymar can provide good assist to Firminho to made second goals
With the exit of Argentina, Germany, Spain and Portugal, the top favorites to win this world cup is Brazil. The only teams which are capable of offering some sort of resistance is England and France. Yeah friend it is now cleared that favorite teams are Brazil and Uruguay and Russia because these are considering favorite after the upsets which made Portugal, Spain, Argentina and Germany out of the event. They went back to their homes and now are watching the tough matches on televisions. Now we can say that these teams have high chances of winning the FIFA trophy. |
|
|
|
Everywhere you can find cryptocurrency topic especially ICO projects are doing well on the marketing through social media like facebook, twitter, reddit, linked, youtube and etc. Celebrities, influential individuals and high ranking government officials are talking about cryptocurrency and that is why i think cryptocurrency is a trending topic all over the world. Do you agree with me? Even haters help cryptocurrency to be known all over the world so let just leave the haters then.
It’s a trending topic in the world, but that’s for investors and not for people who are not into investment. There are lots of people who don’t know about bitcoin and people who knows about it but they are not interested in it. So if you’re seeing it as a trending topic that’s because you’re into this kind of stuff. All these search engines will always channel things of interest to you and not things that youre not interested in. |
|
|
|
For me, it can happen, but the percentage on digital money equal to a cashless society is very meager. We all know that there is only a few establishments that are accepting bitcoin comparing to that establishment and companies that are accepting bitcoin as payment. Also, the acceptance of bitcoin is still meager even it is accessible and expensive. Maybe in the future, digital money is equal to cashless society if bitcoin and another cryptocurrency become legal and the acceptance grow.
We use digital money for transactions as payment method in different places where it is accepting as currency. Furthermore it helps us in fastest transactions within seconds and can easily handle from our wallet anytime and does not have to wait for banks. This brought decrease in the business of banks and paper notes because it is now the well of people to be a part of Bitcoin. Lets have a look to the money related works where we use traditionally our fiat currencies and now we have entered into the modern technological world where we do not need cash and can use digital system anytime from anywhere with successful payments or transactions within seconds. It is our mindset to attract towards comfortable and abundant sources or resources which are in our good. Therefore we do not need cash more but like to have digital technology more. |
|
|
|
Well, i think that it all depends on the way that you use to trade, and all your skills, it is all a combo and you need to think good about it twice, maybe $1000 is enough
If they are beginners i don't think $1000 is a good amount to risk thats a lot of money but if they a enough knowledge well it's a good amount to start If someone is ready for trading and has low savings then market suggests you to go for short term with Altcoin or Litecoin and may be Neo so that you may be able to get less profit from these sources and total of these will sum in a high profit besides which you will get experience as well. Once you gain experience then you are safe to start with any highest amount in the valuable sources especially in the Bitcoin. |
|
|
|
Obviously I am doing it this way, by in the deepest pit and sell on the highest mountain. But if it would be so easy as it sounds, I will be rich as hell already.
It is possible only if you start from low market so as to get coins on low price, as we know that when coins available on low price then we should not get late. This will make us able to get maximum profit at the end due to the consumption of fewer amounts in the time of buying coins. Market like the current market charges us less so we should keep in mind and can make profit in this way. |
|
|
|
I like long-term, that is what I choose, if held in the long term, I can choose to sell his coin at a reasonable price, and higher than the other coin. So I always choose the long term is reasonable.
You are justifying with your decision. Yeah that is absolutely right here. In long term there are so many chances for you to make good earning because prices are continuously increasing and decreasing in front of you while you are just at safe side. And as the highest target just ticked out, you are good to go for making a great selling. Good luck to all those who are waiting for so longtime. |
|
|
|
Actually yes, this is the right time to buy whether bitcoin, ethereum or altcoins. What is important is that coin belongs to decline situation. Buy now as long as you can and especially if you have enough budget to collect some promising coins.
Let me tell you about the current situations which do not show the market as favorable one near investors, those who have invested are upset. It does not mean that the market will not recover but can increase anytime soon so whatever you are thinking is on own places but the benefit at this stage is to invest in the market because it will cost less for more coins which is a benefit in the beginning too. |
|
|
|
We all know that the price of the crypto market is infected for price also all most every coin is suffering for this but I don’t agree with you because it is time to invest more and hold you coins based on this you can earn more profit in future.
One should really not think about selling right now and that has a reason as well. Just think of the target you had set when you actually made the investment in the start. If you are unable to meet that target in the current red market right now, and are actually earning little, what is the point of holding the portfolio for so long? If you sell now, you loose your chance of claiming the money that you can earn when the market turns green. |
|
|
|
I feel more comfortable when holding bitcoin rather than altcoins. bitcoin is a long term investment for me. however, I want to make daily profit too, but I hate daily trading. I dont have enough skill to read the chart, to predict the market. all that I can do for trading is only read the news. now I have a small mining rig, I hope it can be the solution of my problem.
well, I've done that, and of course I'm benefiting from it. for now, I think so many are doing this. even by selling bitcoin, we can get altcoin that can make us get big profit when the price goes up. I would approach this statement by considering Bitcoin as a medium of exchange and by considering so, we can use Bitcoin as payment for other crypto as well here altcoin. Now evaluate the future profitability of altcoin and if it can give you more profit that that of altcoin, you can exchange some of the Bitcoin for altcoin. However if the thing is otherwise, you should refrain from the deal and better hold the Bitcoin instead. |
|
|
|
Actually they bitcoin/crypto price is very volatile,bitcoin has drop below to $5900,before a strong will come can be at they end of they year 2018,for some professional they see they market trends as correction
Yes, the price is improving a little which is a good sign for sellers for those who invested in normal markets or the value between 8k to 9k dollar are still in loss as the current value is 6.3k dollar but this improvement is huge thing for them. The market will slowly recover in the next days and we may see increase trend from now so do not be panic and wait because it is long term. |
|
|
|
Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?
If USD falls it might result to the price of Bitcoin being very high, but it might be a little balanced with any currency that might take its place as the ruling currency in the world as of then, and it will be cheap for those buying with that currency just as it is for those buying with the USD now. And as someone said, if the value for USD falls, people will be looking for things to invest their money to avoid losing it and I’m thinking that Bitcoin might be one of those things that would be used by people to preserve their wealth. |
|
|
|
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Bitcoin value it changes everytime it is not permanent nit like a paper money it's value is permanent and stable Paper money has a permanent stable rate of its own but when the currency is compared with some other foreign exchange the rates differ massively but not as fluctuating as bitcoins , also if bitcoin gets centralized or standardized we might see the same effect with bitcoins as well , it will then only have difference between foreign exchanges and no ups and downs of its own , maybe then we will be able to use it as a valid currency till then its investor’s heaven. |
|
|
|
This is totally ok if we were just compared this amount of currencies with world cash-amount of currencies, but only few of them are really matter just like in the world. It is very obvious, that they cannot make a difference.
It has been sometime that so many crypto currencies have started jumping into the market and this need to be clarified that which is genuine and which is not. In my opinion, we can really escape the web of the crypto currencies and can distinguish between a bad and a good one by researching more and more. Also if we are able to evaluate the good cryptos, we would be able to have good output in future. As long as you do not built the skills to make things happen, nothing will happen. |
|
|
|
it is better to withdraw some profits from btc and go for a better life!
If you are talking about investing the money earned in Bitcoin in real estate, you are quite right about that and I think one should always have a side business be it real investment of investment in bonds. The real estate investment gives some good money in the end and grows with time. Besides, you would only need to give some wealth tax for holding the asset and nothing else. No uncertainty like Bitcoin. |
|
|
|
|
Show Posts
