I sell when I reach my target. Actually I use to book the profit only and some time when ever I am in need of money for my expenses very urgent only then I sell. Most of the time I never panic my self depend upon the market sentiments also I use to sell to avoid any losses.
Right now I just focus to buy and collect Bitcoin only. I use my skills and work as much as possible to collect Bitcoin as much as possible. And I will hold the money for several years. I want to keep my Bitcoin until my money is enough for me and my family to buy a house. I want to please my family and make their lives prosperous. So they do not have to work hard anymore, I just work hard. I sometimes feel sorry for those who are always troubled and many problems. Ok, sorry for my bubbling. To be sure I will always collect a lot of Bitcoin and keep it until the price and the amount sufficient to realize all my dreams. |
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Depends upon the investor whether want to hold or sell. Also market sentiments also impact on the decision of selling or holding. If you are a long term investor if the rate is just a correction only then you can hold otherwise you can book the profit and exit also plan for the reentry. It is also depend upon your financial requirement to decide sell or hold.
Yes, just like you said. It depends on the situation. If you do not have a sudden need, let alone you have a fixed salary and all your needs have been met, why do you have to sell Bitcoin? If you really need the money to buy something, maybe you can sell it. Or you're afraid that the current price will come down someday, maybe you can sell it. But I want to give you advice. If you buy a certain price, then you just got a profit of about 2-fold or 3-fold, you should last and do not sell your Bitcoin. Wait for a while longer, so you can make a 10-fold profit. From there you may be able to sell without hesitation. |
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We dont need to share to our children about bitcoin. Because children didn't need money in the first place. And bitcoin is talking about money. But yes the teenager should know about bitcoin because they need it, they need money. He/she should stand by here on. So theirs a lot of way on how to teach the teenager about bitcoin. For example we have videos on youtube google to help us search. And ofcourse our experience about bitcoin. We can teach them on how to deal with money and how to gave patience to earn.
The easiest way to convince teenagers or young people is like this: We have to know what young people like. Usually they will like the game, courtship, traveling, hangout and so forth. In general they like the fun things and waste of time. But not all young people have the time and money to do it all. Bitcoin is an opportunity for young people to gather for fun. That's because collecting money with Bitcoin is so easy and everyone can do it. If they already feel the money flowing from Bitcoin. They will be addicted and keep collecting money. That way they will know how hard it is to earn money and they will make the most of their time. |
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Investing in bitcoin doesn't necessarily have a right time. Sl long as you have the financial capacity to buy and hold
Some then go. Although, there are certain days wherein bitcoin's price is a bit lower since its value fluctuates but
It doesn't go too deep so its difference is not really that huge unless you are investing millions and millions. Anyway, its better to invest now than later since bitcoin value is constantly increasing despite the fluctuations.
I think the best time and the right time to buy Bitcoin is right now. You do not have to buy the Bitcoin, you can collect or work and save little by little. If you keep putting off, you will be as sorry as I am. I used to know Bitcoin first, the price is still small and reachable. Now the price has soared and I can not make profit for the last of couple years. So all I can do is learn from experience and do my best. I wish I could get an abundant profit. I hope you can learn from my experience and have no doubt. |
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I came into contact with bitcoin from more than 1 years ago, it was one of my co introduced me to the bitcoin concept, this new concept was attracted, slowly to understand it and then start using it, now I have to my family, friends and colleagues recommend it it is a great invention.
I never try to convince them in investing because i dont want to be blame when something wrong happen. But i'll convince some of my friends to used bitcoin through joining in campaign, Also i'll explained them about investment and how can be earn to it. I never convince people because I think it's useless and I cannot see any advantages I get, and besides, in my surroundings no one understands about online business or online job. Not that I do not want to help other people. I just want to focus on doing what I have to do and I want to make my parents happy. Now is not the time to think about other people's problems, I myself have a lot of problems. But do not get me wrong first, if anyone asks me, surely I will answer and I will help as best I can. |
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we are still in november, and the price of bitcoin was closely touch $8000. this further convinces me that bitcoin can reach $10k in less than 6 months. Given the news that "2x" is suspended, this will certainly trigger price movements of bitcoin, as if the barrier wall has collapsed, and bitcoin is increasingly unstoppable. I thought most people feel more regret than surprise by looking bitcoin price.
Of course I am very surprised, and I'm sure many people are also surprised. The first time I knew Bitcoin, it was still $ 400 and I could only collect the Bitcoin via the faucet. But a few years later, I was able to collect Bitcoin and the price could reach $ 1000. But at that time I did not want to invest into Bitcoin because I was still in doubt. But now the price of Bitcoin has hit the price of $ 7400. So I must be very surprised and you can not imagine my mood. I'm getting brave to invest into Bitcoin, and I think this is my chance to be rich. |
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I’m interested in investing $2500 should I just put it straight into btc or mining hardware?
I dont have much knowledge on mining, it doesnt caught my interest as well for I guess it will take time to make profit out of it (i dont know, but thats what i believed). Why not invest it to buy half of your money with btc for long term purposes and half with altcoins for short term. Btc has been continously rising its value due to number of demand in the market, and as well as those top altcoins they make a good profit as well. ETH, wave, doge and etc. Those are some good projects to put your money in. What do you mean by that question? Do you want to invest into BTC or not? Do you want to invest into HYIP or something else or how? I think there's a lot of investment we can do. But if you ask this forum, I guess you mean to ask about which ICO is good to be a source of investment. Then I'll give you this answer. I do not know which ICO is good and will go well with investment. I myself was hesitant if told to invest into ICO. I'd rather invest into Bitcoin because Bitcoin is definitely a fortune. But there are also ICOs that are said to be more profitable than Bitcoin. Though I do not know if it's true or not. |
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As long as you expect the price to rise in future,invest. No one knows if the price will drop a lot after the next fork in a few days. It can happen and offer a better opportunity to buy Bitcoin than now but it is also possible that the price will continue to rise up afterward. Just buy now and hold it for a year or longer and you should make a good profit long term I hope.
I do not think we should wait to invest. Because the longer we wait, the Bitcoin price will increase and we will be more difficult to get it. Right now, we're having trouble because the Bitcoin price is so high. What about the Bitcoin price in the future? It will definitely be more and more. The Bitcoin investment does not have to buy much or buy 1 Bitcoin at a time. We can buy as much as we can and wait until the Bitcoin price rises, or we can collect little by little. To be sure, we have to wait for several years. For me personally, I decided to wait for 3 years. And also, you must invest a lot to get a big profit. Do not expect to much if you just invest $100. |
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Actually everytime I earn or have bitcoins, when I have the time, I convert it to our country's currency so I can use them to shop or buy here. Maybe today there are only few shops or companies that accept bitcoin as payment, but I believe as more people are engaged in using bitcoins, more companies will be accepting bitcoins in the near future.
No i've only convert it into my country currency, everytime when i earned from my job here. If i used it, i'll will use it through investing because i know if i deposit my bitcoin in investment, i could be gain profit to it. I do not use Bitcoin. I just use Bitcoin for investment only. That means, I just collect Bitcoin by working or buying Bitcoin then I keep it in my online wallet. Why did I do that? Because I come from a simple family and spelled out not a rich kid .. so I can not just use Bitcoin just for the transaction and not take advantage of the price. The Bitcoin price is always up, so if I keep it in a few years, then I'm selling .. surely I'll get a lot of profit. Hopefully I can collect Bitcoin as much as possible and I can make my family prosperous and happy. |
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Bitcoin was designed to make transactions irreversible. It has many advantages but for some people it's the main reason why they don't want to switch to Bitcoin. There are few companies which accept Bitcoin from you and pay with fiat to merchant. So far, I have only used bitpay.com. It's quite convenient and works without any problem. However, I try not to spend my BTC.
That is a disadvantage of using bitcoin. As we don't have any chance to bring back our money just in a single mistake. I don't discourage people to do not used bitcoin, actually this is an information that might happen in any transaction. But this is not usually happen, in fact using bitcoin could be more effecient if we used it wisely and a secured transaction. I think there are online stores that use Bitcoin as a transaction tool. Not only online businesses that use Bitcoin as payment, but I think in various online stores in the Deep Web, some use Bitcoin. That's because people feel, by using Bitcoin they become safe and untraceable. And also there is no limit as there is on Paypal or bank. For example there are limits such as the transferred limit, or if in the bank .. people who do large transactions will be suspected and may be questioned. |
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Thank you for taking time to compile this. I have to say, I do agree with you 100%. With all the scamming going around unchecked, one can't be too careful. I think its interesting that you mention that people need to look out for icos in certain countries. Personally if the ICO is based in Eastern Europe and India, my antenna are raised. If the whole team is from any of those countries, I bounce :-/
Hahaha, I never join or invest to an ICO. I also always doubt with ICO. All I know, all forms of investment that is on the internet is just a lie. Whatever it is, I guess it's just another form of HYIP and I do not like it. The only legit and sure investment is Bitcoin. We just buy the currency and wait until the price goes up, as easy and simple as that. But wait, do not get me wrong first. I'm not saying that all the ICO's are fake. I've even got the news that there are people who can profit 10-fold from ICO in no time. That's a good thing because to be able to profit 10-fold, we have to wait a long time if we invest in Bitcoin. |
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You are quite right that Bitcoin is dominating right now. I don't know if the worst for altcoins is over yet. The announcement of NovaExchange, home to many smallcap coins, could be a buying opportunity as many are selling off in panic, at least if the coin you buy finds a new home.
Of having price down by most altcoins doesn't mean that it could be a start of losing it. This could be a reason of most of us are selling their coins, and this not a good idea. Because believing that it could be back to its normal price in the coming this. This is just an effect of continuously increase of btc price. I do not buy Altcoin. I only collect and buy Bitcoin. That's because I'm not sure about the price and its development. In contrast to the Bitcoin that will surely always grow and the price will always go up. But for the matter of you who want to sell all Altcoin, I think you should postpone it. Basically, the price of all Altcoin will always go up as time passes. But I do not know, whether the price development will be the same as Bitcoin. What I'm curious about is, if any Altcoin whose price can surpass Bitcoin, it would be profitable is not it? But if you are in doubt, you can sell your Altcoin and make it Bitcoin. |
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I also think it has the potential to become used worldwide by anyone. U.S. dollar intented to do so, but because of the fact it was associated with the United States, any opponent or unfriendly country would not use it. Bitcoin has the advantage to be totally neutral, hence it can perfectly become the prefered way to transfer money abroad.
I think Bitcoin is already an international currency because the whole world already knows and uses Bitcoin. Only, not all countries allow Bitcoin and maybe we should use Bitcoin clandestinely. To me, Bitcoin has become my first major job or investment tool. It can happen because Bitcoin is the cheapest and easiest investment tool. I'm sure a lot of people are investing too. And also, in various places to shop or restaurant already use Bitcoin for transactions, for example in my country. |
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Because they do not understand the facts that actually happen, we all know that many governments are banned bitcoin so that makes people doubt about bitcoin so think that bitcoin is gone and die.
Maybe they only hate bitcoins because they lost their profit or they do not know the way to earn more profit unlike from other traders that are just waiting in the market for their coins to double the price.
Probably because people see the Bitcoin price is so big right now and they can not afford to buy. They are afraid if they invest or buy, then the price of Bitcoin can go down. Yet as we know, the price of Bitcoin is always up and the value of Bitcoin currency is really big. So it's impossible if Bitcoin will die. We do not know what will happen in the future, Bitcoin will probably die but surely there will be a replacement. But if Bitcoin is not dead, surely Bitcoin will always evolve into something much better. |
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Bitcoin is good for a person but may not be good for a country. If the country's government manages it with bitcoin, then it can be good for that country. We know that if the people are good then the country is good. If the coins were used by people in order to buy their own essential things, then the bitcoin would be valid in every country of the world. Like it is in Japan.
I think Bitcoin is a nice environment for people who live in a third-world country like me. Because it can improve the economy of citizens. By collecting Bitcoin, people like me can sell it for an expensive price. Whereas in developed countries like the US, currency like the dollar is common. But in a country like where I am, with just a few dollars we can buy a lot of things. Especially with a few Bitcoin course, we can buy a house. That is why, it is very important for a person like me and the country in my place to legalize Bitcoin. So that our country can go forward and free and also not get left behind with a great country like US. |
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You have very wise friends OP. However, not all of them alts are going to be useless or go red. I have done the same, but I am still keeping a few like NEM and Monero, which I feel would still have a very good future. Only time will tell if their decision is a good time, one requires plenty of patience in this business.
Actually it depends on which Altcoins you throw and how many Altcoins it is. If what you throw away is Altcoins that comes from the new ICO, then it does not matter if it is discarded because we do not know whether they will succeed in the future or not. But if what you throw away is Ethereum and the amount is quite a lot. Then you're wrong. At least let the Ethereum be buried for several years. Later on you can make a big profit out of it. Because basically, the price of each Altcoins will always go up. We just need to be patient and not panic when there is a price change. Hopefully we can be more wise in addressing Altcoins. |
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Of course I do because you have to take a look if this ICO are going to pay you at the end. And you as a participant has the responsibility not to be scam because its really hard work to participate because sometimes it will took you 4-8 weeks of effort and you don't want all your effort just go in drain because the ICO you joined didn't pay at the end. Used your common sense and better judgement here and not just join any ICO that has recently open.
First, I want to ask you something. Why should we do research before joining bounty? Is not bounty given for free and we can get the money. If a bounty looks does not pay, we can immediately look for another bounty. In fact it is very easy to know which bounty is legit and fake. We just look at the reputation of someone who created a thread. We can also see how the testimony of people who follow the bounty. Whether they are paid or not. I personally never questioned it, I just follow bounty and I always get paid. If it turns out I really can not get paid, and bounty that I follow is a scam .. I will immediately replace and look for another bounty. No grudge or sadness. |
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Hope that it can be happen in the future here in my country but until now we are still had 1 bitcoin atm here and hoping that they can add more bitcoin atm so that othr people could be aware about bitcoin atm that can attract more other people here if they know about bitcoin and if they use bitcoin they know that they can instantly withdraw your money from bitcoin to fiat or deposit your money and exchange into bitcoin ..
I think that's very good. People can be easier to transact in traditional markets or places that do not receive transfers. Some places of sale are still using cash and do not want to use credit cards. Although in fact, the easiest thing is to transact using a smartphone. Just a barcode scan is enough and safe. I doubt if people can hack and steal other people's money without knowing the passwords of others. The hackers must definitely know our password to steal our money. So we have to be careful and use a complicated password. We should use uppercase and small letters and symbols. But I'm curious, who created atm for Bitcoin? And how do they make money? |
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Hold your horses guys. Gold has been sought after for centuries and has survived the test of time while Bitcoin is the new kid on the block. Bitcoin has potential but it needs to prove its mettle first. Today we are progressing slowly which is great but the future might have other plans for us. Bitcoin is gaining ground that's for sure.
I do not know if Bitcoin really beat gold. Nor do I know whether the gold price will always go up like home prices and Bitcoin prices. If the price of gold still rises every year, I think it does not matter if we keep investing into gold. But for someone like me, I do not want things that are too much trouble. For me, Bitcoin investment is very enough for me and fairly easy and simple. We just sit in front of the computer while collecting Bitcoin or buy Bitcoin. Then we sell at a high price and we can profit. It can all be done inside the house without having to do any work. |
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Invest it is better than only save it. If you're only saving it so your bitcoin amount is the same. But if you're doing the right investment. Your bitcoin will be multiples many times.
Yes it is true, and for the interest of the bank is very low, in my country not even more than 0.1 percent, I do not know how the calculation of bank interest even though there is written interest bank 11% per year but I get no more than 0.1%. Better to do both. Save money for the money to pay the bills and buy food everyday. And make sure the currency you save does not change so you do not experience profit and loss. Because the money is only used to meet the needs of every day only. Make an investment. So that money in your savings can be increased and doubled. Do not just save money, but we also need to invest. I do not think there are any rich people who do not invest. Every rich person will always invest to supplement their money. But we must know very well what it is investment. Do not just invest into something we do not know and even lead to scam or fraud. The easiest way is to invest Bitcoin. |
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