title of the thread seems wrong . " it says how to buy at the right place " . basically when we buy our bitcoins we buy it online . i think the title should be " how to buy bitcoin at the right time " because there are times that the price is in good condition in which not all can afford to buy a bitcoin . other times the market is in bad shape , that is the perfect time to buy bitcoins because we can get a huge discounts .
It still depends on the purpose of buying bitcoin at that time, the reason why some people always ask people to buy at any time is because the market cannot be predicted, Bitcoin might be in good condition now and continue that way without going deep again but we still have to watch closely by using our analysis to know if it’s right time or not, that is for investors though but for normal users that wants to use it as means of payment for services can still buy at any time to pay. I agree with first comment, I would say that OP used the wrong term too. For the purpose of trading it`s the "right timing" for buying and selling. Term "right place" is not completely wrong, if your term is came from chart analyses, than the "right place" on the charts for buying or selling, have much more sense. Only headline suggest that topic is about a place where to buy bitcoins. At least I got that impression, and as it seems many others. |
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Too much positive news about 2020. I hope all these predictions come true. Because there are all prerequisites for this. The market should turn around and go up after a fall. In addition, cryptocurrency is increasingly being used in completely different fields.
It`s not too much, it`s just cutting supply in half, in economy that is a big event. Pumps and dumps are happening everyday, what people expect to happen after halving is price to skyrocket immediately, but that will not happen like that, like it didn`t happen like that in history. This is not a first halving, nor the last, just this time we have new 4 digits bottom, last halving was with 3 digits, the one before that with 2 digits bottom. Now you need to understand that halving in 2024 will probably be with new bottom, with 5 digits. I hope you understand me, I can clarify if someone wants. |
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I think you are right in a way.
It's possible for bitcoin to surpass gold both in popularity and good investment in the future.
By the time that bitcoin becomes generally accepted as a medium of payment , it will surpass gold.
Agree with you now a day bitcoin is gaining more important than any other investment including Gold, people are finding future in investing bitcoin gold is now just a name, it has not profit for holder and it is dangerous to hold at your home because anytime anyone can robe and take your gold, on the other hand bitcoin has wallets and it has digital presence which is unsnatch able Trusting new technologies is very important because we are living in the most fast era where it is very easy to earn money, in old age people has been buying gold and keeping it for long term at home and history says those who kept so many gold at home lost their among for being robbed so that’s why we are investing in new technologies which is safe and good to hold. And just for example, you live in Brazil and you wish to send some gold bars to Russia, how will you do it? How much can all that cost? Is there some option for low transaction cost? Bitcoin already suppressed gold in price I believe and usage, and with time that difference will just be bigger. Lets be realistic here, internet is future, and bitcoin can be used on internet, gold will stay where it is. Judge it by yourself, do you like gold? Do you use gold? When is the last time you bought gold? |
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Decentralization. Everyone is talking about it. Can cryptocurrency lead to the disappearance of banks. Or will banks be able to adjust and remain in power?
I think they will soon disappear and cooperate with blockchain companies. Banks are under so much pressure from inflation and crypto can solve that difficult problem. I think that banking businesses will gradually transform into a place to store electronic money and blockchain technology will be the main tool in money transfer. That cooperation will be interesting. I think they will need to create a different approach, like JP Morgan that announced creating of stable coin. They will be interesting to follow and probably many big banks will follow their example, learn from their mistakes. What will they do is their thing, but never forget that we have a voice now, we can choose to use their stable coins or to believe in bitcoin or some other coin. Economy is in transition and transitions are hard for some people, many fail and many break trough. It`s interesting to live in this times and witness all that, some of us actively participate. |
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Trading really allows you to make good money, but you need to distribute your capital very competently, otherwise you will have to wait for a long time to return to the entry point
And same thing you can apply on gambling, don`t you think? In the end you can make good money with trading and gambling, but you can lose a lot of money. Why gambling and trading are so similar, both have risks, both can make you money, or take money from you. Both can bring fast profit, or long term, depends on how you do it. Trading have something that gambling doesn`t, more transparency, you invest in technology and trade with technology that can cost a lot more tomorrow, in gambling you have numbers and that`s it, you know right away did you win or lost, you don`t need to wait anything. This journey is nice, gambling is something almost everyone knows about, but trading is something that we learn about now, it`s new for most of us. |
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maybe,, it can be worthless. as time go by, people will find new technology. and maybe, someday, they will find new like currency so bitcoin will be replaced by that one, it can be new coin or something new.
the different price in a day can make it worthless. people will find new coin that have high probability's advantages.
Even when better technology strike the market, it won't affect the growth of bitcoin. In someone's perspective the tech behind ethereum is much more progressive than bitcoin's. But, till date we haven't got any defeat of bitcoin through the same. In this way bitcoin usage will continue even when more advanced technologies exists. What most of the the people don`t understand is that with bitcoin everything is possible. That rise from 0 to here was impossible, but bitcoin made it somehow. When you start your question with "Can" can this happen, or that, with crypto answer in most cases is "it`s possible to happen under right circumstances". And it`s all about that, under a right circumstances anything can happen, bitcoin can even worth more than a million dollars for single bitcoin. Anything is possible, so be open for anything, expect everything, be ready for that. |
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Kucoin is good for now. I trade mostly there, I already wrote about it. You don't need kyc but there is a daily withdrawal limit. For me that's not a big problem, first I don't always trade with huge amounts, and when I do I simply withdraw founds in couple days. They are very nice, and there are many coins to trade with, many pairs, always some promotion. Who didn't try it until now should do it.
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That's because this is not the right place for you mate, same with the others.
It is really hard to be a traders especially when we are not being passionate with that and if we don't put some extra effort. If we don't know how to adjust the market situation definitely it will bring us down and taking away our hopes.
And it's a journey for most of us. It's like not we gonna learn everything overnight. It will take lot of our time and patience and extra effort as you have said. So if you're not successful then don't give up, I'm sure at one point in time, you can achieved your goals here, others may get it like in short amount of time, but majority of us, sometimes we need to push ourselves to gain that needed experienced. I will agree that its a journey, you start from scratch and you learn it from there. It`s new for everyone, except maybe forex brokers, and people who traded with stocks, everyone else had first touch with trading with crypto. Crypto opened a door for masses, you need to have computer, internet (what most people already have) some money (you can earn it online, slower but you can) and you are ready to go. I think that people should wrote on paper what they do, or to run some program that track trades (if they are ready for that). Only with tracking your tradings you can succeed in long term. |
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or some stable coins.
Stable coins as long-term investment? What will this investment give you? Because, stable coins are always the same and prices remain stable most of the time. What are those stable coins my friend, i think stable coins will never give any profit to the investors, So it is always good to invest in potential coins which have active developments from their team. Look at CMC, which coin has active developments will always have the huge chance to increase their price. When you wish to sell some coin for profit but you plan to get in same coin when price drops you use stable coins, fees are not so high, every cent you save on fees is your profit too. You also short in combination with stable coins. As investment I still see bitcoin and ethereum as safest long term investments, there are other good investments in low cost coins that can be very profitable in long term, but risk is much higher. Who doesn't know what to do should invest in couple of them, make a list of 10 coins you like, find pros and cons for each and short that list on couple good coins by your opinion and invest in them, don't listen others. |
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I think there are a number of possibilities 1, there is a planned violence / robbery done by the closest person
2, because we may often tell someone about our work, so that someone is jealous of us and wants to get all our assets
3. there is a chance
so we have to be careful both talking and acting. Remember ... crime is sometimes not because it was planned but because there is a chance
Number 2, in most cases there is an inside guy. Close friend, family member, someone who heard how you talk about something valuable that you have. Number 3, if you don`t close the door some random passing guy will try to use the opportunity. My advice for Americans and those where it's legal to do so is to arm yourself and always have your gun handy in case violent intruders enter your property. In Europe, perhaps there are other safeguards. What happened in the Netherlands is a great example of why gun ownership should be allowed among the general public.
In US it`s legal to have firearms and you can shoot someone in your house and to not go to jail for that, it`s not the same in the rest of the world. Personally I don`t like guns, but when we talk about this situations when criminals raid your home, when they threat you and your family, what should someone do? When we talk about this I always think about a movie Law Abiding Citizen, when criminals kill his wife and daughter, for couple dollars. |
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Core i7 4th generation with no dedicated graphics. Around 10 cents worth of satoshis a day, already uninstalled.
If this is what the application is capable of I'm not seeing a great future ahead of them. Even if it were to be 50c with a god graphics onboard it's like nothing when you have to add fees and the power bill. What will a good computer be able to mine? If it's $10 a month or less nobody is going to run it. I think it's getting popular now because people don't know the real numbers and want to try it out but the results are disappointing. I wonder how much you can earn with honeyminer cause I'm seeing advertising about them almost everywhere. So 10 cents per day, for some newcomers and people who are getting in now maybe that's a good thing, that or to claim faucets. Well first I thought it's total scams, that's the reason why I didn't install honeyminer in the first place. Even thou topic is interesting and honeyminer looks interesting I will probably skip it. |
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That's right, the rise in bitcoin will definitely cause other cryptocurrencies to rise because bitcoin still dominates the entire crypto marketcap over 50%. This is the more reason why most crypto enthusiasts say that the bull run of bitcoin would cause alternative cryptocurrencies to rise.
Same happened many times, same will happen again. Trigger will probably be the bitcoin halving and when that happens next year we will see the entire market rise. This period now is good for all of us, bad projects will crash, good ones will stay, that has to happen in some point. There are many alts around, some will skyrocket for sure, like some others before, this is a good time to get into some potential and young alt. |
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I suggest for those newbies for trading its better to start up by small amount of money in trading to avoid a early loss of money before starting to take the risk of your money.
OP just wanting to spend $1 only and I don't feel such amount to have a decent exchanges and make gains after. I may suggest to add some more or he/she make it into $5 at least. It is good enough to start with as a newbie and make a good play in crypto. Cause if we are started in very small amount of investment, it makes us bored cause we might only be focusing on a single coin and feel not making a nice play with. it is difficult to develop very low capital that we have to spend in digital currency trading. the amount of 1 dollar is a very low value if we want to trade, I think that number is not the right nominal if you want to start cryptocurrency trading, even the profit you get is only a few percent and it is difficult to double the profits Depends on your financial ability right? $10 can be a big capital if you are newbie and have very little capital. many people say that investing with you can afford to lose, even though it's simple, but it's very good for your trading plan. use capital in accordance with your financial abilities, if you're still a newbie then using low amount first is not a problem.. It's a simple calculation, with 10 dollars you need to make at least 50% to have for fees and maybe from that 50% 20-30% is your profit. In dollars, you need to make at least 5 dollars, and to pay fees 2-3 dollars and than you can have your 2-3 dollars profit in your wallet. Fees depends from exchange. With low amounts you are forced to risk more to make something. More money you invest, for example 100 dollars, making 10% (10 dollars) and paying couple dollars for fees you will have 7-8 dollars profit in your wallet. It's easier and safer to make 10% than 50%. |
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Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there.
Over the past year, the market capitalization within crypto soared to the Moon. Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.
So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?
No doubt, crypto currency has changed our way of payment method, and it is too much easy and cheap for every users of crypto. It will be damage of fiat currency because people are happy with crypto currency and they are avoiding to transfer money with fiat. That's why banks are not happy with crypto. But it is other topic. But still it is worthy method and i rely in future definitely it will get more achievement of progress. It`s not changed yet, it`s a process that will take some time. Every merchant needs to work under the law of the country where he works, some countries doesnt have laws about crypto yet, merchant is free to accept crypto for his goods, if he wants that. Banks are not happy with crypto, that`s true, crypto is taking a piece of cake from them. Now people don`t need to spend money on high transaction fees, they can simply use crypto. We are living in the times of changes, they are even close to an end. I believe that in the end entire world will use crypto, so calculate alone where are we now and where we are going. |
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Before, I was totally unaware of this digital currency technology, but when a friend introduced it to me, I finally began to get interested until finally being in this forum until now. I am very grateful because since joining here my knowledge of the economy has become widespread, besides that Bitcoin is also very beneficial for my daily life, in short, now I have a little bit of financial income from Bitcoin.
Indeed, on average, after they get to know financial cryptocurrency can increase and it can also be a loss depending on how many people can take a position to be able to take advantage of the existence of cryptocurrency It has both qualities as it rises and it falls but it takes time to move with it try to buy some crypto currency at low price and sell at high, I personally took start with crypto currency purchasing at 2018 when price was low and I bought some to hold so I am holding it is really nice spending time, at the same time I joined signature campaigns for online earning. It`s never too late for joining, in the end everyone will join, so you are still faster than many others. I believe crypto only started to attract attention all over the world, now many big players are interested in blockchain, they will join and they will bring masses with them. Crypto is full with possibilities, to earn, to learn, to invest, to work, you name it, there is something for everyone. Finding your place takes time, energy and some money, but it`s worthy, and one day that effort can pay off a lot. |
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Analysts and possibilities.  After this we don`t need to say anything more, this explains every possible prediction about bitcoin price. Even thou it`s explained many times, people still ask same questions, people still believe in everything they see, without thinking. Bottom line, don`t believe in any bitcoin price prediction, just relax and follow the market, have a plan for every possible scenario and don`t bother too much with a way to optimistic or pessimistic predictions. |
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in my opinion, positive for a lot markets are the more options people make for transactions and also there may be markets that are made for a country's currency that are good but the negative volume in one market may not be as much as last year with a little market
Of course it's positive to have more markets, when I started there were less than 2000 markets, now there are more than 15000. Competition is always good us customers, they will race for us, they will make better terms, more promotions, and only with more markets we can avoid monopolistic future. I believe in future we will see more even more markets, now many new projects are about exchanges, they offer so many new services, they literally race for space and supporters. |
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Don't be just so excited yet, it could drop back any time soon probably by Thursday since it's just a minor price rise. There seems to be a major resistance at 4K. You should start getting excited when it goes 5K and above.
That is truth I will really get excited if bitcoin can grow back to were it is in November and early December 2017. We see strong growth that year and I will be happy if bitcoin can grow like that this year. The previous peaking happened all of the sudden, similar price increase could happen anytime soon or in the future. The time frame for the same to happen is truly impossible to predict. We've got possibilities of rise quite often, but with some interruptions it gets stopped. With the next forward push we'll grow high at least around $5000. This seems to be low in comparison to the 2017 end price. This year started with fluctuations between 3200 and 4200 dollars, we seen one higher spike and that's it. I think next period will be the similar, litecoin halving is close so that can boost a price a little, litecoin already have a nice rise in past month. Bitcoin price will rise, but I don't expect to see breaking through 5000 before winter, it can happen but I doubt in that. On a side experts that are too optimistic, fudsters that are way too pessimistic, I'm trying to be realistic and to wait for my moment. In dips you buy when price rise you sell, don't wait for price to start rising for your buying, it can already be late. |
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