buying or holding a bitcoin is also a investment and also it has a risk because you spend and risk money just to make some profit and try if your money will grow . you should think twice before investing your money .
I think all investing is risky, but the good thing with bitcoins is that the price fluctuates that much and we have reach the peak of $1,000 and with that amount we can still achieve so it is good to buy now and hold it in the future. Investing in bitcoin is not risky but investing in online sites is really risky for sure, as we can never know how genuine or legit site it is as there is no face to face agreement is involved, so it becomes difficult to trust anyone online. everybody can earn extra revenue with little to no risk and frequent payouts. Bitcoin investment sites usually are involved in professional forex, commodity and cryptocurrency trading allowing users to get a return on their investments based on the companies own returns from the trades. We can afford to invest in trading sites but surely not in cloud mining sites, as most of them are ponzi and will scam you in long run, recent example is hashocean. |
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You are not gonna be real rich when you are just saving, the amount you save will be subject for inflation and only when you are investing that you money will react base on the actual market movement, do not only put your money in the bank because it will only earn a little interest, set aside always for investment aside from funds of emergencies.
Can't applied your statement in fiat. For fiat money to become undervalued it will took really a long long years. Fiat are use much as a currency so saving it even without interest is a must. You are saving fiat to take care of your urgent needs and that is not to become rich. Yeah savings will help you only at the time of the emergencies and it cannot make you rich in future, if you want to get rich in future then investment is the key to get there. |
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Saving should be the first priority of an individual as it will take care of you in crisis, either save in banks or you can even save your money at your home, save certain percentage of salary on regular basis.
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I prefer gold. because gold is my guarantee to get certainty in the future. the price of gold continues to affect all prices in the world. when I have gold then my life would be guaranteed at this time into the future. for long-term investment I prefer gold than the bitcoin.
Good thought about gold, that's what I want also with gold that it's price is going to keep rising and no chance for it's price to drop. But still, gold is somehow very hard to get with. But with bitcoin, it is very easy for all of us to use and earn for it. You can always buy bitcoin in small parts, when you see lower price you can buy it, and again wait for the price drop to buy some more of it, and the best thing is you can even earn it by working on it. |
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I think almost all sites can run away in future, its really difficult to trust any cloud mining site at a moment, as in long run they will not prove to be trustworthy.
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When you would make with a altcoin for example from 1 Bitcoin 100 Bitcoins, what would you do then?
This would be right now about 65.000 Dollar.
1. Would you cash out everything?
2. Would you invest in 5 new icos with each 20 Bitcoins and hold long term (12 - 24 month) and hoping that some of that 5 icos will double your 20 Bitcoins again 10x or more times? = 500 or more Bitcoins
3. Would you invest in altcoins?
if I get such big amount. I would like to cash all my 100btc. and then I will buy a car to build a house for my future family, 😂 but maybe not so much to reach the amount because I always lose in gambling. but by the way what is Altcoin. I know it is because bitcoin You can never expect to win 100 btc in a gambling, that seems to be difficult and very risky, but if you trade your bitcoins then there is a possibility that you can hold 100 btc in future. |
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Well I think that bitcoin do have some positive impact on my life and bitcointalk as well. Bitcointalk really developed my critical thinking skills and it got me used to english. Bitcoin gives me financial support that I need in my studies so it affects me in a good way.
Thats it! That is the exact reason. Bitcoin talk develop my english skills in speaking english as my second language. It help me too in my financial status i gey some extra income in using bitcoins Majority of users are here to earn some bitcoins which allows them to earn additional income which is very good, we should not miss any single opportunity to earn bitcoins. |
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The title of the thread can make this thread with long life. The price dropped a a lot today, it is around $630 now.
The price is around $550 now. It is $80 down in the last 24 hours. But there is no need to panic, the price will rise again. Its just an speculation that price will rise again, but I don't think we will be able to see all time high price at halving as it is going down and down. |
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I was wondering what others think, will 1 BTC ever have a value of 50k+?
Within the future like in 50-200 years from now.
No and it will not. .... My basis? Simply none. What's the highest it will go in your opinion? It can even go in millions in future, but the chances are very low, but if we think in reality then bitcoin has an potential to achieve the price of $10k in near future. |
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If you need to decide witch one you are going to use for the rest of your life what would it be. I think i would use the gold instead of the bitcoins.
Because there are so many people who are not very happy about the bitcoin and gold cant be wrong at all.
I also would than use the gold because it has a better future if everything as a example will collapse the gold will be used again. So that makes it in my eyes pretty good without anyt doubts. The fact is we all know that gold will never die in future as it si in existence since long time, but we don't have same feeling for bitcoin, keep on making profits from bitcoin till its alive. |
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We have been waiting for halving since long time, and now when it is no near we cannot afford to sell before that, and if we do then that would be the worst decision.
May I know what do you really expect from the upcoming halving? Are you sure that the price will increase because of that? Sorry to say but it won't happen if manipulators will not start to move the price up. Halving is normal event in bitcoin. Price will still dictate by those manipulators so that's the one should you monitor and not the halving itself. It is clear that the price will increase in the coming halving because of one reason, the halving brought the miner a hard time to mine and because the difficulty level has increase they need more power for the job and the expenses will be increase and they can only sustain their business when the price will increase. Price will definitely increase at the time of halving because people will continue to buy bitcoins till that stage and more demand will contribute to higher price of bitcoin. |
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I never thought bitcoin will replace dollar. bitcoin does not have the strength for it
You're right bitcoin is not that big at a moment that it can replace a strong currency like dollar, and dollar is ruling the world since its birth and to it will continue to do the same in future too. |
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I'm going with yes on this one, due to the fact that people included this in BTC in order to maintain stability so, yeah!
With the halving that is happening next month the price should rise in order for the miners to have a profitable business, and because of this it will benefit us holders enjoying a profit on a short term investment. the price has already gone up quite a bit compared to last year. remember the time that we were below the $300 for such a long period? if you take that into consideration, then the price has doubled within a year. people seem to forget that as they are only interested in seeing the price go up further and further. the growth that we have realized in the last months don't seem to interest them much... I bought my coins at $220 last year and to be honest I am really satisfied with current price as price is at $650 so even if I sell now I can earn huge profits, but still would prefer to hold till halving. |
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haha You were the chosen one.
I would but hey. there is no store over here that accepts btc so i have to spend them online only. . .
Exactly the usage of bitcoin is limited at a moment but I am sure that things will change in future for sure and will find many places where we can spend our coins. |
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Lack of knowledge and lack of trust in bitcoin is stopping majority of people to use it, as they are not aware what is bitcoin and how it works so we cannot expect them to use bitcoins.
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Well If it will drop to 1$, I would buy more. I would buy many bitcoin hoping it would rise again. I trust bitcoin so ill do that.
I will also do this if this kind of scenario happens. I will take the opportunity to buy as many bitcoins as I can. I will take the opportunity of having a lot of bitcoins. And if the price increases for sure I will get profit from it. That's the right choice, buy as much as you can and keep it in cold storage and simply forget about it and when you see higher price in future sell it and make huge profits. |
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Bitcoin is very important to me because when I am not using Bitcoin I am. Not earning a single penny from the internet, but when Bitcoin comes into my life I am earning extra income every week and I have much money every week to spend and enjoy the life....
Yeah that is one of the best part of bitcoin. Bitcoin gives opportunity to those people who have financial problem like us. Bitcoin also helped me a lot. Like i can now buy things that i want because of using bitcoin and also bitcoin also helped me to make money and contribute it to my parents. Bitcoin has really made my life easy in the financial perspective, which in result my time is saved a lot that has enhanced my skills in other creative activities to make my life simple. Bitcoin is an eternal part of my life now a days. Yeah it is helping us in many ways, as its also an currency and at the same time its an best investment for the future and it is also helping us in earning extra money from it. |
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i dont need to sell any bitcoin till 13 days i think bitcoin prise will go hight and after halving time i will sell alitle bitcoin and when price will down again i will buy again this is my bitcoin trade way.
If you are holding your coins since long time then you should wait for next few days as now halving is not too far, so if you hold till that time, then you can expect higher profits. |
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Yes I agree, it is indeed buy time. Let us buy bitcoins when it is still at its low price. I believe that after the halving period the price of bitcoin will goes up again. And it would be hard to buy bitcoins when it is on its height.
If you are out for a long time holding scheme, it can be wise to buy now, but even so, I do expect the price to touch down towards 500 dollar. Which means I am not buying since I hope to buy back way lower then what we are seeing now. The pump is over and we now may see a normal price of around 450 to 500 dollar. Exactly, I haves the same feeling that pump is over now and we wont see higher price in coming days, but being positive, I am holding my coins till halving, if any miracle happens then can earn higher profits. |
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People who saving bitcoins for a long time nowdays will get a good reward for patience, and i think that selling nowdays will not make biggest profit, so better to wait a bit more.
I think the hold bitcoin too long is not a good idea. yeah I also hold hope that the price will rise to $ 1,000. but it was only my hope. this time the price drops? and almost everyone panicked. but not for me. bitcoin I'm sure the price will go up. This is a dump. you can start to buy many more bitcoin The price is suppressed below the $800 due to the small block size. When that is increased, the price could be $1000 easily. The price of bitcoin is decreasing again today and i think it's because Hashocean issue. But i will not sell my bitcoins now, because i'm sure it will increase again soon. even though the price is coming down once again im not afraid to hold to be honest im pretty sure that i will never sell any coins too because i know that the price will soon start growing really fast We can expect higher price in this week as I think there are lot of people who will still buy bitcoins before the halving which will help in taking price to higher level. Be careful, since some will take this as investment advice, which you are not able to give, since this statement is based on purely speculation. Nor would I advice, but what I can say is that the moment to sell wasn't when we hit 780 nor the current time. Holding for at least a year seems to be the most profitable thing to do. If you are a long term holder and not have any plan to sell at halving then there is nothing to worry about the speculation around, you can hold it as the price in next year would be definitely higher. |
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