After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
The time is depend on the flow of the market, When the value of coins is low then its the right time to buy and sell it again when the price of the coins is high, Its only a matter of time when you should buy coins to earn more profit. |
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They will still invest in bitcoins to expand their resources, Becoming rich is like an addiction and when you have a lot of money then you will be starting to be more greedy to earn a lot of it and you will never stop till you die. I think that every rich person including the corrupted governments has this kind of mentality.
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I highly prefer that you should work on bounty campaigns because they pay altcoins very well. You can use your social media's to advertise icos' or create youtube videos that will benefit the platform of different ico's.
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Its not necessary for anyone to invest in bitcoins if you do not have the money to spend, I prefer that you should work on bounty campaigns to earn more profit in the future rather than spending your salary.
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
This is really true, A lot of people on youtube streaming their self as of today. They earn so much money because the value of bitcoins that they invest before is very high and that is one of the reasons why we should hold our bitcoins longer. |
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There is a chance for a bitcoin for an ethereum coins to surpass bitcoins after 5 years but the probability is very low, Just by comparing the btc and eth you will really notice that it is not possible for eth to surpass bitcoins within just 5 years.
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In my own opinion, Bitcoins cannot replace fiat since not everyone is knowledgeable about bitcoins and never knew how to earn this coins. Most of the person who are only capable of earning bitcoins are from the middle class.
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
There is a lot of wallet where you can store your bitcoins or altcoins. Choosing the best wallet preferred by the professional traders will be the best way to choose your coin holder. You can also place it offline in your computer, Just research the ways on how to do it. |
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Why do you wait? Immediately buy bitcoin at this time, the bitcoin value is decreasing at 62xx, so buy it fast and keep it, because after this discount, bitcoin will increase dramatically ....
Yes today is the right time to buy bitcoins since the value is down to $6k the moment bitcoin will bloom again then that is the right time to sell and to earn more profit. Invest as early as you can to earn more money in the future. |
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I believe yes it is, The value is keep on increasing as the time goes by and it was really nice to invest right now to earn more profit in the future when the value of bitcoins tripled its value in the market.
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In my own opinion, No it cannot. The banks are already here without bitcoins appearing in the internet. Banks are still reliable for those who does not knew how to earn bitcoins like in low class families.
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As of now its not since the value is decreasing from $7k, Try to wait longer for maybe a few months till the value of this coins increase again. Buy when the value is low then sell it again when its high.
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Some of the bitcoin holders are using it for living because its easier to earn money in this way. It is a big help for students to work on bounty campaigns while studying to earn more money while still in college.
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Which is the best way to promote products or refferal links? Social media and forums is total shit,no one interested in this.
Facebook , Twitter , Youtube and Instagram, You can actually use this social media's to advertise your products since millions of users are using it and everyone can notice your business. |
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Gold cannot be earn by an average person while bitcoin can. The comparison is like there's so many people who can mine bitcoins rather than gold and bitcoins value is keep on increasing periodically, So more of the investors are keep on attracted to bitcoins because of its value and they are all striving to earn more bitcoins.
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i just check old posts in Currency exchange and Found how bitcoin was so cheap at 2011 Example this User ask for 32$ only to sell 2 BTC2.00 BTC for sale - $32 USD (MTGOX PRICE is 16.68)
Only trusted members with reputation!
So are you think time now is too late or some one in future will say how price was cheap in 2017 like my post Shear what you think  No its not late, There are a lot of bounty campaigns that will pay bitcoins if you advertise their ico's so you can still earn coins by just working in this forum or invest immediately and start trading. |
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In my own opinion, Bitcoin can never replace fiat since it was a nation wide currency and there are a lot of confidential transactions that are already been made that need to be kept and it was very hard to change everything immediately.
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
If i am that person that will be given that gift, Yes i will sell it right away because the value is very high and travel the world or buy an iphone, It was very hard to earn 1 bitcoin so i will spend it immediately and enjoy. |
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The government can kill Bitcoin... BUT it is also reason, that they can do anything they want, they can allowed and kill what they want and that is the one of million reasons why we would stay together to avoid these the highest scammers in the world... Remember Hitler ? Enough words. We can live together in peace, for one community, for one nation - people. BUT nothing is easy as it seems to be.. it will be long journey but it is worth it. Thank you Satoshi Nakamoto. (It is just my opition so, do not take it so seriously  ) Obviously yes, ico's has been banned in china ones before and its also possible for every country to happen. Government can manipulate bitcoin and place a tax on it in every transaction, Just do not use bitcoins for illegal transactions so that we can still use bitcoins in our country. |
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Unfortunately, proven yes. Bitcoin has been beneficial for people who have been patient with bitcoin for long time. And, I am may include people who experience a loss opportunity because always do sold bitcoin every month that i get from trading.
Everyone who invest in bitcoin experienced loss of profit when they are new and that's how your'e going to plan on your next move to earn more profit. Saving is the best way to earn more profit in this industry because the value of bitcoins is keep on increasing. |
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