Are you really answering that it's "possible" without mentioning the petro? It has already happened, government cryptos are already on the market!
Of course they are going to centralized, it's the point of creating your own instead of accepting one of the existing ones. Governments who want to remain in control at the same time benefiting from the popularity of cryptocurrencies will surely try. Whether they succeed is another thing. I wouldn't buy into that if my government decided to create its own.
I've heard plenty of rumors that some countries are already making their own cryptocurrency, and i think you have a point there, they will try to find a way in order for them to benefit in crypto, but if i were to be asked if i would buy some, well likely i would not buy. Only if it is really needed or each one of us would obey their protocol, so maybe that's the time i would buy or invest to such centralized token they have made. |
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The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.
Disclaimer: I'm not a US citizen, and I've not read that law
All people have a chance to be a wealth person, we are now a free of life whatever we do our life no one can manipulate us. As well as you have enough capital to invest go a head proceed your investment anywhere specially in digital currency like BITCOIN no selective person required there or even in other types of investment no requirements for being a business man or investor. Yes i purely agree, besides there are also lots of people who came from nothing and they rise to the top making their own names, they were so called from rags to riches. Technically in our society there are also discrimination when it comes to wealth, but it doesn't mean you are no longer able to become wealthy. |
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I guess it will be fine, but as of now the market is still down to edges, but i know sooner it can recover and i think this is a natural phenomenon along with those news and current events that triggers the prices at the market. Honestly nobody could really tell what will happen in the future, either good or bad but i am hoping it will be a positive outcome.
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Even I myself starting to doubt how my investment is not starting to grow but we need to wait patiently and we'll see the outcome. Holding can be tiring but it doesn't we need to lose out of sight. Hold on and wait for the bitcoin come back
Yes its really more exhausting seeing your holdings gone horribly down, as if you will gonna collapse at any moment. Well as for me i just try to distract myself and try some things in order to forget my loss. Sometimes i often question myself if what am i doing is right, but I'm still looking at the big picture that someday i can recover all my losses. |
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Before bitcoin has been popular because of those illegal usage by those shady people, because they think it would be harder for the authority to track their trails, that is also one of the reasons why most people are afraid of using bitcoin, not only because it has been relatively used by illegal means but because of the risks involved. For now tracking down the trails are a bit easy and i think there are not much shady transactions occurring currently compared to then.
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Yes i tink only the inexperienced people can do so, otherwise all the people try their best to buy at low price and then sell it at high. Some time people try go with rally and they do buying even at high price, but later on the price get a correction and start decreasing, such people get panic and then try to sell even at low price. Well as what i can observe mostly people sell to avoid big loss, but if we think about it properly its just the same thing and its still called losing right? I've been there before too and just because i suffered too many loses i began thinking that the next time wont be the same again as what happened, and even up until now because of this corrections i am still holding, and for sure more experience will give you more lessons in trading. |
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Why not right? You should try and who knows maybe these will be another opportunity for you, and maybe these will help you know what you really want in life and aside from that someday these will give you more courage to risk. Win or lose just take it as a lesson, keep growing, nobody could really tell exactly what will happen to bitcoin in the future, so why not just try it so you will know for sure.
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Think of buying a mining rig as buying a business.
Now think of buying coins directly as investing in a business (stock market).
If you have a business it really doesn't matter if your sales fall a little, if you are still generating a profit then you are making money.
If you invest in the stock market and the price of your stocks fall then you have lost money, no if's buts or maybe's.
The only way to make money through investing is if coins go up, if you invest in hardware then you can mine until you feel you have enough profit and then sell the harware. By buying hardware you are not gambling on price volotility of coins, you have invested in a physical ASSET that will retain value no matter what crypto does.
You can certainly grow your investment heavily through direct investment but you can just as easily lose a LOT. Invest 50k into coins, the price drops 10% (which is does a lot!) and you just threw away 5k.
Investing directly gives you no safety net - prices go down and you lose. It works EXACTLY the same as stock market investing, most wealthy investors buy businesses as their main income and have the stock market as a smaller piece of their portfolio (for good reason).
Yes actually you were right to the point my friend, but as for me, it depends on the situation, because sometimes when we say buying hardware in order to begin mining, there are still a lot of stuffs to do, as for example some countries have really high cost of electricity, which is also why some of them just surrendered there mining rigs and just go to trading or investing, aside from that if you don't have enough resources to begin with mining or hardware it could also be hard for you when you're still beginning, while on the other hand investing into stock market that could also lead you to lose instantly can be used as an initial move to start positioning yourself and build your own business when the time comes, but this doesn't mean that investing into stock market and crypto has the upper hand compared to building rigs or businesses. |
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Well since we don't know what's up ahead on us, we do really need to save money, as for a student like OP as he said, his 50% of his allowance goes to his savings, well its good and could benefit from it someday, but for us who have families and responsibilities, its really hard to balance and budget how much do we really need, because when we say responsibilities you don't have to be selfish anymore or save for your own good, but for your family which is why, so many bread winners here tries to find a way on alternate source of income to sustain our daily needs.
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Well it depends to person as how much he is willing to risk to earn profits.With small budget investing in altcoins makes sense whereas with big budget investing in bitcoins is the best option so i don't think so that there is any minimum amount to start trading it does depend person to person.
Every person has their own points of view, we cannot force them to believe what we say or force them with our ideas. As long as that specific person knows the risk of trading and how much he is willing to lose then it will be good for him if the outcome is positive. There is also no minimum amount for you to start so just make sure you've got balls once you want to start. |
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My thoughts about Icos are a bit different
I always care about the thoughts of a couple of people I trust
And they help me to choose Ico
It's very difficult to trust fully but we still try
Nowadays its hard to choose ICO , not only because of too many scams and they will just run away, there are also so many ICO's running now, its hard for the investors to choose which is which and if it will be true to their words, its not that I am accusing but there are quiet few that it will just runaway. They would try to raise enough money to start for their own business, but that is not only for the devs, the investors also who took part of the ICO would benefit it. |
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I don't usually calculate my earnings or profit daily, its like that I am expecting too much, or there are fix rates of income daily, or it sounds that i become that greedy to earn daily. As long as I earned from my investments, big or not i appreciate those, being greedy doesn't lead you anywhere, in the end you'll end up being confused.
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This is very helpful thread for someone that are trying to start a business. Im an owner of a gadgets and accessories business for 5 years now and the first thing that i consider when im just planning to build one is what i really like. For me its important to know your passion because it will reflect in your business on how you handle and familiar with it. Its also important to know what might your customers like so you can serve them well.
Yes as far as I notice, that is also one of factors that can give impact to your business. One of my friends told me that, before you actually start a business, you consider the risk, all in all they said here, and one more thing, you cannot run business by yourself while you are just a beginner, seek help and advises, try to find business coaches to help you manage your portfolios and your plans, but the final decision needs to be done by you. |
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Hello
what will happened with cripto currency if it was world crisis?
wha do yu think?
each crisis forms its own investment policy. The crisis has many variables. for example, the embargo between countries is a kind of crisis. Therefore we have to think about type of crisis. Of course it may affect cryptocurrency. There are also some crisis that are related to cryptocurrency, such as total ban of usage of a certain country. Crisis can never be good for an economy, but it also depends on what the situation really is. It could also benefit us or there is also a tendency that it will lower all our funds and become useless, about for example, there is an occurring calamity or natural disaster which also has a huge impact and can lead also to crisis, all the cryptocurrencies in that specific are is useless, not unless it will be resolved or it would be taken action immediately. |
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Yes, I Totally agree with thecoinfinder! There is no official rate of Bitcoin in the trade market.
Bitcoin is not a controlled market and obviously we should not expect any official rate. All the above, we have to understand that there are some factors in some of the local exchanges that have made it as such which is what we have in the situation of Zimbabwe and I have tried the arbitrage idea here, but it is not possible as international transactions are prohibited and hence created a high demand for bitcoin. However, in every other exchange, there is just a little difference most times and unless you are very fast about it, you may end up losing if you want to go the arbitrage way. That's the risk of trading, you might lose as well as your initial investment. Its a risky gamble but if you are willing to try then you can go for it. Lots of people and expert traders do some kind of those stuffs such as arbitrage and so on, personally I am also scared to that and what might happen in my investments, so i'd rather trade with one exchange just for in case. |
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Ofcourse it can! It's risen 5000% from start of year. It needs to rise another 25% til the end of the year. That's an easy target if all goes well for Ethereum.
I hope so, but I think it is not so easy to get that state, one reason is that a lot of ico projects have raised a lot of eth, they may sell them to have funds for development. I have also notice that. Since there are so many ICO's which are ethereum based, we could not also neglect that idea of so much dumping for the development, but overall its all good, there is no precise answer if its going to happen, and besides I am looking for what will happen for long term, not only for short term, i've been planning to invest some also on ethereum. |
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Sorry to burst your bubble, but if I were to be a sort of "trading expert", I definitely wouldn't expose my strategies to the public. Why not make your own? Just follow basic tips of trading like: have patience, don't panic sell/buy, those stuff; and just create your own strategy. Best of luck.
Yes, sometimes there are tgings that no need to tell to everybody especially when your trading earnings will be affected. We have our own strategies, you have yours. Well there are also some times that some of those who wants to learn want to know your trading patterns and strategies, but the most effective way is just to study the basics, and then make your own strategies and decision. Each of us have different trading styles and patterns, and the main objective is to earn or gain from it. |
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With such a high volatility in bitcoin, for me it is not a big problem and I think it is something very interesting. Bitcoin also has a high security system, so I need not worry. Bitcoin still has a good future, I'm sure of it and will no doubt. See now the bitcoin price has rebounded and has reached $7700. It proves if the bitcoin enthusiasts are still very high and the demand on bitcoin keeps growing. I'm sure bitcoin has a very big future and prospect in the future.
As traders, volatility is our "friend" specially for day traders. Its one aspect of bitcoin that we really like unlike stocks or any trading market. If you know how to play arbitrage then you will love how volatility works. As for the future of bitcoin, no one really know for sure. Maybe we can see new coins being embrace just like bitcoin. But definitely bitcoin has already a foothold and has the trust of most traders and investors that's why the price keeps going up. This alone will show that bitcoin can stay at the top for so long. Yes i further agree with you, and aside from bitcoin was the first crypto that has been made for a certain purpose, it really has the potential of being so high in the future. Just like what the others saying here, just depending on how you will handle the volatility price, although it is slowly changing for the better, let us also keep an eye to what really will be happening. |
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Can approach yes. Because trading is one of most effective ways in terms of time to grow our investment in cryptocurrency. Even while sleeping, my money still working actively in trading.
Those who see it as fun and games are with high experience they have earned a lot in this field so that now rules are on their finger tips and more of it when a person is so use to the same activity it seems like game to them but for the new investor trading is everything they are earning through it and they take single decision wisely and more of it those who have a lot of experience they take it as game to earn. Everyone has his own way of looking up at the things but I don’t think so that there is any way you can actually treat trading as fun and games. It is because of the reason that trading is quite a risky job and you really need to have a sharp mind along with good knowledge level to do well in the world of trading. You are going to suffer a huge amount of loss if you will treat trading in a way like this. Trading is quite fun especially when you earn lot of profit but I agree with you. It is not only fun and games. You are risking your hard earned money in a chance to earn profit. It's like my future depends on this. But I think maybe some people still find it fun and games especially the wealthier ones. I remember my first baby steps in trading that was around April to May when all the coins I bought was flying high, I had so much fun watching my portfolio going green. Not until it started to fall then I realize that trading is a serious matter and should be taken seriously. I agree with some people who says we have different perspectives to each things we saw and learned by experience, and as for me i've been happy and should i say its fun to trade, but it is really stressful and that makes it more complicated, and when you look on it seriously you will notice that it isn't fun anymore you will almost explode depending on your emotions and trades to what is it. |
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It is still a doubt whether bictoin is better than stocks or real estate. But Bitcoin can make you profit much more and loss much more than stocks. Because in Bitcoin and altcoins you can easily make speculations.
It is going to depend on what you are looking, real estate is not going to give the profits that bitcoin gives but you can live in a house, you can rent it and it is going to appreciate in value with time thanks to inflation, so it is a good asset to have even in an economic crisis, we do not know how bitcoin is going to behave in a world crisis, we think it is going to do fine but we are not sure. In short real estate investments are also good and reliable source for long term purposes or long term runs, while bitcoin aside is also consider for long term purposes, it doesn't guaranteed that much because of this so many arguments and lots of issues regarding bitcoin, but disregarding those issues in short or long term bitcoin has really a good way of profit depending on how you handle your portfolios and your strategy in the market. |
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