I don't believe that big banks are so nervous about bitcoin. Bitcoin users know very well that what is bitcoin mean for them and how profitable returns bitcoin is giving to us. There is chance of banks can plan for accepting cryptocurrencies or they change their system of handling transactions and facility provided to the customer which they charging also reflect. But they are not bother bitcoin as the market capital of bitcoin is not that much big to fear by banks.
I think banks will be nervous about Bitcoin because Bitcoin is different from other currencies. If the other currency is controlled by the bank and managed by the state, Bitcoin remains not controlled by anyone and no country manages it. That means, the community is free and unfettered by the bank. If we keep in the bank, we have to pay the monthly discount and we should always save. If we do not save, our bank account can be closed or blocked. Unlike the Bitcoin that is not limited by anything. In addition, Bitcoin can also be used as a very easy transaction tool just by using a smartphone. No credit card or debt required. |
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We need to look further and not concentrate only in the price there are very clear reasons of hwy bitcoin is gaining such a high value so fast and that is because after years of discussion segwit was finally activated and now people are especially enthusiastic about it, so they are investing more money than ever in bitcoin. Does the OP really ask that? Of course the answer is clear that Bitcoin is the best coin. That's because Bitcoin is the originator of the first and best cryptocurrency and crypto in the world. With a price that always bounced up, and with the current price. People will not hesitate to invest into Bitcoin. I'm curious, Bitcoin will be like what in the future. Three years ago the Bitcoin price was just hundreds of dollars only, now it has become thousands of dollars and would be close to 10k dollars. I'm curious, how it will be in the next 3 years. |
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I suggest to invest in pinkcoin or dogecoin because the price is currently down more than usual and this is our chance to buy and maybe later will soon rise again
I do not recommend you to invest into Dogecoin because of the unchanged Dogecoin price. Dogecoin is just jokes coin or memecoin and should not be taken seriously. You can invest, but you can not expect much with Dogecoin. Maybe in the future the price of the Dogecoin will rise, but the rise is only a little that is 1 or 2 dollars only. In my opinion, to answer the OP question is very easy. You just look at whattomine.com. That's some of the coins we should invest and not the new coins coming from the new ICO. Just invest into something that is certain and do not play around. Because if you invest, what you sacrifice is not just money but time. You need a lot of time, a few years. |
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It could be quite challenging for those who bought bitcoin before 2003 and still hold it till date, I am very sure just few of them had been able to achieve that aim of holding it this is due to the uncertainty or unstable nature of the price of bitcoin majority of theose holders might have sold it off when the price hits $600 of course they had made considerable amount of profits.
I think there will be many people who are able to save Bitcoin for more than 3 years to be able to profit big. Most people must have a major job or a major income to support their lives. Besides, they can still save and collect Bitcoin in their wallet. Except in some cases people will sell their Bitcoin because of the urgent need or perhaps debt. Some of them may be scared of Bitcoin prices that suddenly dropped so they immediately sell their Bitcoin. If we look closely, we will realize that in 3 years the Bitcoin price is soaring dramatically. So I guess there will be many people who are so convinced and believe in Bitcoin. There will be a lot of people who store Bitcoin for years. |
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Hold until it cross 10K or if your goal is just 7k then sell. As of today bitcoin is gradually rising have not heard of the fork that is going to happen it seems that the price may not be affected by it or if it will then we will see a sudden drop in bitcoin's price but that is not like the previous drop that the price went all the way back to 3.2K regardless of the drop i think we just have to keep holding and buy when price dropped again.
If you want to sell Bitcoin, you should know when you buy or collect Bitcoin. It all depends on the Bitcoin price when you get it. If you buy or collect at a price of $ 3000, maybe you can sell now. But if you want to sell when the price has gone up 10 times, then you have to wait some more time. I myself will sell my Bitcoin if the price is enough price to buy a house. Because my current dream is to buy a house. If the price of Bitcoin and Bitcoin I have is still not enough to buy a house, I will not buy a house first. I will keep waiting and wait until I have enough money. A lot of money. |
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Most people around the world don't even heard about Bitcoin yet. Bitcoin's not supported by the majority of countries and governments, and banks still fighting against its trading. Thats why the Bitcoin's community must continue its support and advertising bitcoin in many ways.
Of course not everyone knows about Bitcoin. What about those living in a country like Africa? They prefer to look for rough jobs to get a bite of rice. They may not even know about the internet. Even in the era of technology today, there are still many people who do not know about Bitcoin because only online business people who use Bitcoin. People who work offline tend not to know Bitcoin. They only know about offline jobs and do not care about online jobs. But on the other hand, people who work online or know about online jobs, definitely know about Bitcoin. |
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Bitcoin is the most secure form of money, hackers can not infiltrate the blockchain or individual adressses of users. Bitcoins transactions are anonymous and untraceable. The only way you can lose Bitcoins is by getting scamed. As for the illegal use, no one can block users from using Bitcoin, and also cash is also used for illegal activities but I do not see it becoming banned. The illegal use does not really hurt an individuals security.
Many people think that Bitcoin is a very safe and untraceable currency or transaction tool. I myself think so too. But some people disagree with that. Some say that transactions in Bitcoin are not difficult to trace and the identity of the Bitcoin holders can be found by the authorities. If the Bitcoin is indeed safe and untraceable, then why the owner of the Silk Road website used to be tracked and imprisoned. As far as I know, all transactions on Silk Road use Bitcoin. Now the owner of Silk Road must be in jail and could not get out. |
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You should simultaneously trade and holding. Holding for projects that will develop in a certain time. Daily trading will make you profitable to spend. You should use these two methods at the same time to maximize your profits.
It depend on what aim have you got: if you want to earn money in long term HODl will be better, but if you need money to pay your bills trading will be better. But trading always more dangerous than HODL for long term.
In my opinion, you should invest only because invest does not require much work and is free from risks. Invest into something that is definitely profitable and you will not lose. Like for example you're investing in a property or a house. The price of a home will always go up over time and will not go down. In contrast to Bitcoin investment, Bitcoin prices can still go up and down and you can profit and lose. But some people are trading for investing. Some people deliberately do trading to collect money. |
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I would not recommend that because the price is so expensive. I suggest that you wait a bit until the price goes down then take that opportunity to buy some bitcoins. Do not spend all your funds into bitcoin because it is risky. In other words, make some for some.
I personally have not reached that level yet. But if I am going to do it, I will need to have lots of money up my sleeve because you cannot purchase something when you have nothing. Added to that, I will need to keep an eye on any change of the price.
I do not keep all my money in Bitcoin. I just save 50% of my money to Bitcoin. That's because I have to pay bills and buy food every day. So than all I bet, I'd better save some in cash or local bank. So when the Bitcoin price rises or falls, I do not lose. You should not invest all your money, just keep some of it in the local bank so that if you lose, you still have money. We do not know what will happen in the future. Especially with the Bitcoin future is erratic and the price is up and down. Never bet on something you can not bear. My advice is not to scare you, but just to prepare for any possibilities. |
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DeepOnion has just been released on the exchange and is set to do exceptionally well. Trezar is also one to look out for. Neo is a definite and I'd say NXS to but it'll need a while to recover. (Then again, which alt doesn't at the moment!?) As the rest of the guys have said though it's about really understanding the coin your investing in and also analysing the market. There's never 100% certainty though.
I never know how to choose a good coin. I just picked the famous coin and coins that cost a lot. Currently there are some coins that cost the most expensive in the market. Such as: Bitcoin, Ethereum, Litecoin, Dash, Zcash, Monero, and others. Usually the coin is discussed and used as an investment tool. But for a new coin like the one with new ICO, I'm a bit hesitant and do not want to invest first. I just want to invest into a coin that is definitely profit just like Bitcoin. And for mining, I think Ethereum is the best. And also, there is a very unique coin called Dogecoin. Although the price of the coin never changes, but I like to use it for transactions. Because it can be free from the risk of profit and loss. |
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I am myself planning on to invest into BTC for a long term. Try to collect as much BTC as you can because the later you buy the more price you have to pay for it. Although the fork is near, it shouldn't matter since you will probably want to buy it as soon as you can. Buy the BTC and store it in a secure wallet whose private key you own. Keep a backup of the private key and store it in a safe place. You can either not bother about the fork or wait for the fork to finish and receive the free coins and increase your capital amount.
I guess people are investing into Bitcoin for various reasons. Some assume that Bitcoin will be the currency of the future. Some people think that the value of Bitcoin will continue to increase so it is worth it. I myself only use the price of Bitcoin because the price is always up and I can get profit if I sell when the price rises. To invest Bitcoin, we have to be patient for a very long time, that is a few years. That's why, we call it a long-term investment. Because indeed we have to wait for a long time to be able to profit significantly. |
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Risk is that you might be hacked and all your bitcoin get stolen. Or bitcoin could drop in price as hard as it now is increasing. But That's not likely at the moment. Bitcoin is going up every day, without falling back. A problem is government's wanting to get their share and start to lay tax on your profits. If that happens and you have to pay income taxes, a price drop will leave you with severe losses.
I think a lot of people want to invest in Bitcoin because the price is getting up. But sometimes the price of a cryptocurrency can change at any time and drop dramatically instantaneously. That's why I used to be afraid to invest Bitcoin because I'm afraid of losses because the price may be down, or even Bitcoin can disappear from the market. We do not know the development of technology in the future, whether Bitcoin will be more developed or replaced with other better solutions. But after I see the Bitcoin price that always goes up, now I'm not afraid anymore for investment. I think everything is has risk. |
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Hello sir, I want to ask something. I join the Signature Campaign and it says to post minimum 25 posts each week. Do I have to post only 25 or more than that ? If I post more than that, do I get more money ?
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Hey, just jump right in and learn how to swim. Reading is boring, how hard can it be? Buy in dips, and sell when the price increases. you will make mistakes and learn, just try to learn the patterns, it is instinctive, and no book can teach you that. If possible get a bot to lessen the burden.
If you do what you like, surely you will not calculate with time and will not think lazy. But if you've been lazy from the beginning, it means you do not want to know and do not want to deal with Bitcoin. Though you can get great benefits and benefits from Bitcoin. You can learn Bitcoin from google very easily. You do not have to sit in front of the computer for hours. Read the moment in your spare time and start asking people. Later you will understand by itself. Try you start searching on google about what is Bitcoin, and how to get Bitcoin. From there you will know more and find out more details. |
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There are several rules of thumb that are widely said, but unfortunately we donīt always follow. One of them is we should reinvest part of the earning. Itīs also a mistake to reinvest 100%. Another point to be taken is that the market is hard to beat. So we are daytrading like hell, loosing sleep hours, and when the maths is done, we may have been winning, but not as much as we would for just holding. Because in these markets BTC is skyrockting so sometimes is very difficult to overcame that growth and beat it.
I have problem with greedy. The good rule is not reinvest 100% of profit but i am always fall in the same hole many time. Now i am trying to skip greedy. I used to have doubts about Bitcoin. I have a job that pays with Bitcoin. But at that moment I do not want to invest and hesitate with Bitcoin. I'm afraid if I've invested a lot, suddenly Bitcoin price will go down drastically. That's why I never want to invest. But after 1 year passed, I see for myself how the development of Bitcoin prices are soaring dramatically. I was immediately interested and from there immediately determined to collect Bitcoin as much as possible. I want to collect Bitcoin and save in my Bitcoin wallet. But by the time I was determined that way, my previous job was gone and I have to find another job to collect Bitcoin. |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
Yes it is possible if your have a high amount of capital. You could also gain the token that you could trade in this forum. In my case this is the place where I get my token to trade by just participating in some bounty camapign. And as of now I curently gaining an a fix income through trading. I think trading is not a sure job. trading can not be used as the main job. Why ? That's because when we do trading, we are always faced with the risk between profit and loss. Every transaction that we do, we can profit and also can lose. Even when we thought it would be a profit, we could lose money due to the decline in the price of a currency. So when I get profits and lots of money from trading, I'll save the money to use it as a new business capital. I'll use the money to do the mining or keep building my website. Or I just keep my Bitcoin and wait it for several years. |
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Trading is unpredictable even though you know technical and fundamental analysis the results will not always be what you're thinking. But following the basic thing in trading buy low sell high will help you a lot, just have a good strategy in the market even it is unpredictable you can have a lot of profit. Just always remember "You lose some, You gain some, as long as the outcome is income"
Yes, trading is an uncertain job. That's because we can not predict when the price of a currency may change up or down. But there may be some people who can predict the price and do research. I myself do not really know about the ups and downs of a currency. I can not predict whether in the future the price of Altcoin will rise drastically just like Bitcoin or even go down and go bankrupt. So I guess if we want to do trading, we have to do it with Bitcoin. That's because we know very well Bitcoin prices are always up and make us a big profit. One of the easiest ways to trade is by burying Bitcoin. |
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In my opinion, it is almost impossible to predict which cryptos will perform better in the coming years, taking into account that more and more new coins are emerging every day and it is likely that new cryptos with better advantages will emerge during this time. Meanwhile, I'll stick with the classics: bitcoin, ether, Ripple, Litecoin and maybe waves, steem and deeponion.
Best Coin to keep in 3 years? I do not think it's that much. Is not that a very big number, I think with the Coin on the market today, that's impossible. Let's talk about stability and price. No Coin is the same as Bitcoin, all AltCoin tend to differ greatly and lag with Bitcoin developments. So if we expect in 3 years the price of an AltCoin will rise dramatically just like Bitcoin, I think the odds are very small. If we invest into Bitcoin and wait for 3 years, I make sure it will produce enormous results. So if told to say 50 Coins, I do not think I can. Maybe I can only mention a few Coins only: BitCoin, LiteCoin, Ethereum, Zcash, Dash, Monero, etc. |
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I personally believe this is a great time to buy good alt coins. Price is way down as market has shifted to buying BTC. Some more than 50%. What percentage of your crypto is in alts vs BTC ?
This is actually a great time to buy and not only altcoins but bitcoin cash is also doing very well. Most of the coins are currently very cheap some of them have getting dump over 80 to 90 percent and buy them now will make you good money in days to come. However I will not advise you to convert your current bitcoin holdings to altcoins as bitcoin did not need altcoins to grow but altcoins need bitcoin to grow. Is it not risky? Is not at risk by buying various Altcoin that we do not know anything about their future. We better just save or buy a cryptocurrency that is definitely sure to profit like Bitcoin. Buying Altcoin is okay, as long as we do not buy too much. We buy it with a minimum value of $ 100 each coin. Not too much to buy up to $ 1000. If you're investing in Bitcoin, it's great to buy a lot and keep collecting for that kind of investment. But I do not think Altcoin investment is very promising and I do not want to take that risk. |
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Leave 70% in eth and with the rest buy some request network, chainlink, Ark and Waltonchain. Altcoins should go down before the bitcoin fork in november, so grab some. As always do your own research. Cheers.
You could purchase a worthwhile Ethereum based POS token and stake that for some decent interest if you planned to HODL it long term which is one option.
I think with 10 Ethereum is enough to buy mining equipment for Ethereum. Yes, I've been aiming for a long time and want to mine Ethereum. I will immediately buy the various GPUs required for mining and computers with sufficient specifications. But if we want something easier and more simple again. We can use 10 Ethereum to be sold or changed to Bitcoin. We convert Ethereum to Bitcoin and then we keep our Bitcoin. We wait until a few years until the Bitcoin price jumped dramatically and we sell our owned Bitcoin in our wallet. |
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