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For me, bitcoin is an easy means to make money by simply sitting at home and trading in it. You don't have to work hard with sleepless nights to make a good living. All you have to do is check the trends, keep a close watch on what is happening in and around bitcoin and decide whether to invest or sell.
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Actually, I use the major portion of my bitcoins for trading only. The main intention that I have behind buying and holding bitcoin is that I need to make profit while trading in it.
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Altcoins are the best option to more in the short time so that is why i prefer to invest in altcoin, You have good option to more from digital world is earn from Bitcoin and Altcoins also.
Are you sure? As a beginner, i am really confused to invest money in cryptocurrency.Which one is the best, quantstamp or Booncoin? Hi andreyalucas, I saw your question. I don't know which one is actually better one. Actually I saw a medium blog on comparison between Boon Coin and Quantstamp. It may help you. https://medium.com/@karthikamp17/comparison-of-boon-coin-with-quantstamp-11d0e06d500b |
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In some countries which have accepted bitcoin legally allows buying and selling products using bitcoin. Everyone has actually converted from traditional shopping to online shopping. When it starts to buy using bitcoin it will makes another big effect
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How can Bitcoin make the world a better place? I don't think so. In fact, when someone has bitcoin they are keeping bitcoin in a safe and profitable place. But it does not mean that makes the world better. It makes the life easier for people on earth.
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I don't think that it is wise to invest all your money in bitcoin. Bitcoin is really volatile, it will not be always running on the positive side.It can affect your personal life and you may get stuck without money.
I just have a single opinion, think wisely before you put your money in bitcoin. All of us know bitcoin is pretty risky.
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Bitcoin investment and making money out of it is not an easy task, it requires some real talent to execute it properly. You can make money by trading in bitcoin. For that, you need to closely watch the changes and developments. One thing is sure that bitcoin price is going to shoot up in the coming years. If you wish to make more profit out of bitcoin, just hold it. If you hold it for some more years you can make a lot out of it.  |
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I don't usually spend my BTC in any stores. Normally I use that for trading only. Buy BTC and sell BTC to earn profit  |
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Some other coin replacing bitcoin is not an impossible thing. But I am not sure if it happens in a near future. It will definitely take time.
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Bitcoin is still young as compared to other fiat currencies. Bitcoin is not yet used in place of fiat currencies. It needs to grow much more, then only it will become more global. The Internet makes the price of bitcoin more volatile.
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Basically, the first thing that you need to focus before deciding crypto or stock exchange is your understanding. If you can easily analyse crypto industry, then go for it or else choose stock market. The second criteria will be based on your expectation of returns. If you want huge return from investment in short time invest in crypto and if you are ready to wait invest stock market.
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I consider bitcoin as an asset. I came to know about bitcoins some time back. It is really a great investment avenue for anybody. It can make one's future safe.
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"Market cap" and "hard cap" and mainly used in different scenarios. The market cap means the total amount of money involved in a particular crypto currency accumulating all traceable volume from every possible source. Whereas, the hard cap is mainly used by the ICO owners which denotes the maximum amount of investment they are willing to take. So if an ICO says that their hard cap is 5 million USD, then they will stop their token sale once that amount is raised through the selling process. Hard cap doesn't have a direct relation with market cap. Hope this helps!
Yeah, Thanks for your response |
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I would buy bitcoin if I am given a choice between bitcoin and gold. bitcoin price will go up in future also and also that it gives us a lot of opportunities.
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Is there any real difference between Market cap and Hard cap? Anyone here can please explain me what is market cap in exact. How will the market cap of an ICO influence its reach to the investors?
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It's great that you started saving bitcoin from 2013. That was a really wise decision. But I am no sure if it is wise if you invest almost 99% of your wealth in bitcoin?! You can diversify your investments because every investment option is associated with many risks and Bitcoin is also not an exception from it.
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Bitcoin is both currency and asset. Bitcoin is a digital currency. It works almost same as other normal currencies and it is an asset also.
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Bitcoin is not a globally accepted currency. Many countries are not accepting bitcoin. It is still young. Bitcoin may become a global currency but I'm not sure will that make bitcoin replace all other currencies in the world.
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I am not sure if it will happen in the near future. It will only happen if something that is out of control happens internet and all its activities collapse for once.
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Looks like BOON COIN have a really nice team. The market cap is also too low. looks like a good project. I will definitely check the website and whitepaper.
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