I think the price of bitcoin will become above 5,000 USD in the future because of the demand that is coming back and the market of bitcoin is getting stronger again with new strong holders because they know the importance of holding bitcoin and not like those people who panic sell and just sold their bitcoin even at a lower price.
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The most expensive that i bought with my bitcoin is my macbook, i don't spend too much money on things and i just buy the macbook to reward myself for working hard everyday and night and sometimes having sleepless nights because of grinding hard in bitcoin so i decided to buy a macbook and i bought it from my friend who is accepting bitcoin as a payment.
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If the central banks starts to issue their own cryptocurrency then it will not affect bitcoin a lot because people are now smarter and they will use bitcoin more than the central bank's cryptocurrency because bitcoin has a higher potential in profiting because it is decentralized and it is not controllable by the central banks or even the government.
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Bitcoin is not in a bubble because the price of bitcoin is real and it is what it is because of the demand of the people and those people who believed that bitcoin has a lot of potential for the future and i think that in the future we can hear more people saying that bitcoin is on a bubble but those people will eat their words as the price of bitcoin will continue to go up.
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what do you think about this topic?
No longer. As the price rises this stops. We are sitting on 15x BTC gains. It would take millions to do that now instead of 10's of thousands of dollars and we aren't selling them. Keep holding your bitcoins and do not sell your bitcoins for a short term gains because those are not worth it and after a few years, you will regret it because you are greedy in wanting to secure your profit. It is better to just be patient and don't sell your bitcoin and instead of thinking of selling, just think about buying more bitcoin so you can have a faster progress in earning more bitcoin.
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Bitcoin price now at 3,800USD. I guess, it will continue to rise much higher than the price of it last week.
I am so excited to see it at the very high price.
Is it possible for bitcoin to rise at least $6,000 this month or next month?
The price is starting to show some strong indicators that it will go up again. We just need to wait for more bulls in the market so we can start the pump party, all the doubts of people got removed because of the pumped price of bitcoin and that is a good relief for the long term investors like me. I hope that bitcoin will go up even higher to what we expect before this year ends.
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It is always the question on how you earn your coins. When you only participate in a signature campaign, I am sure you will need more than a year to get a complete bitcoin. When you have a special set of skills that you offer, or you have a regular job that pays you with bitcoin, I can imagine you will achieve it in under a month. Finally bitcoin is money, and it all comes up to the question, how long do you have to work until you have the amount of money to buy one at the current price.
It really depend on the person if how he is going to get the one bitcoin and i can say that it is a good start to work in signature campaign because signature campaigns are an easy way to make bitcoins and even it will take a long time before getting your first bitcoin then i can say that it is all worth it to work for months.
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
I've experienced this kind of thing ,, because there is a friend of mine who does not believe that I earn money from bitcoin even though I've been trying to explain about bitcoin on her If you want to make your friends believed that you are actually earning money in bitcoin then just give them some screen shot or show them the real money to let them know that you are not joking and the money that you will show to them is the result of the hard work in bitcoin and the effort that you putted in bitcoin.
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My biggest regret is when I got introduced to this back in 2012, I tried to buy £200 worth, the platform was down and I never bothered, just recently woke up to it again at over £4k per coin, it is a physiological thing where I don't want to buy at that price.
Listening to Roger Ver rant, whine and complain on YouTube. Never trust other people first, trust yourself and don't listen to the thoughts of others and if you want to listen to them then after listening, think twice if they are stating the truth or if they are more on being biased so you can have a clear point of view for the topic that they are discussing.
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China and effing JP Morgan scared the market, but Bitcoin will rise up again soon. Maybe it won't be fast, but it will definitely on the rise again.
That is sure that bitcoin will get to the top again once the doubts of the people will be gone. It is just about the doubts of the people and it resulted for the price of bitcoin to go down and have some dumps and panic selling but in the end of the year, we can see bitcoin reaching and getting stable at the price of at least 4,800 USD.
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I think maybe the first thing to start trading is to understand the coin you are going to trade
Second, you must have trading accounts on the best Exchanger platform
Third, using the best tool chart to easily control our tradding
Fourth, join the trading community to increase our insight and strategy in trading
A tool is not necessary in trading because for a simple candlestick chart for the prices of the coins and for a cryptocurrency trader then it is enough because you don't need to put a lot of tools like in forex to just understand the market and i think it is enough to have a good community of traders where you can get some fresh information that you can use in trading to make money.
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JP Morgan has a classic strategy and that is saying or telling some negative thoughts on bitcoin and he just wait for the price to comedown and when he saw some good entry for bitcoin then he just buy a lot of bitcoins in the market and keep it for long term like the other bitcoin investor and enjoy the profits of his investment in the future.
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Don't be worry if the bitcoin will get ban in china or getting ban of bitcoin because no one can stop bitcoin and there is a lot of people that are still using and buying bitcoin even there is a chance for the other countries to ban it so i think that if you will take the risk to believe in bitcoin then it will become worth it because in the future the decision of china might changed and they will make bitcoin as a full legal currency.
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Yes it is worth it to buy bitcoin worth of 50 Euros because that is a good start for investing in bitcoin and if you have extra money everyday then just use those money to buy bitcoin and treat bitcoin as a long term investment and also an option for your future retirement fund so instead of wasting money in useless things then just put it on bitcoin.
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Bitcoin will not end or get destroyed this month, this is just a normal happening in bitcoin where the price of bitcoin goes down because of the chinese government that bans bitcoin the ICO and also the exchanges because they want a tight regulation and also because of JP Morgan who says something bad to bitcoin but he is really wanting to buy some bitcoin. Overall, it is just normal and everything will go back to normal so there is nothing to worry about.
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The reason that keeps me from investing bitcoins because its volatility is unpredictable in a manner of very short time, the figure are fluctuating, might be up or down.. This is like gambling effect sometimes you loss and sometimes you win.. But i'm confident enough to say that bitcoins could possibly increase in the upcoming years due to its high demand..
Investing in bitcoin is not like gambling, in the short term the value of bitcoin can vary wildly but the longer you hold the better is going to be for you and the less affected you are going to be by the volatility, so learn how to hold long term and eventually bitcoin volatility will be a non factor to you Investing in bitcoin and getting into bitcoin will be like gambling if you will play on its price and just buy and sell without any strong basis because that is like random buy and sell and you can end up in a wrong place in the market where you will just lose your money. If you are into investing then do not play your bitcoins and just hold it for long term so you can have a good and almost safe haven.
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This reminds me of MMORPG, which is funny because most kids these days spend too much time playing these games and should instead be focus on MMOB instead. We can't blame those kids because that is what their natural or normal behavior and since they are kids they want to play and enjoy that part of their life because you are a kid for once and you can't turn back to being kid anymore so i think that we should not disturb those kids because once they realized the right things to do then they will not play games anymore.
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If you don't have any idea about trading then try to learn the basics first and always remember to buy low and sell it for a higher price so you can earn some profit. If you know something about trading then create an account on an exchange and deposit your bitcoin and look for a coin that has a good potential, you can determine its potential if you will research about it and buy it and wait for the price to go up and then sell.
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I think a person hacking your cloud is smart enough to find what to do with your keys. I prefer to save it in many pieces of paper and save them in safe places.
That is what i did in my private keys in my wallets of bitcoin. I put it on a piece of paper and i put it on a very safe place so i can have a comfortable life because i don't trust online storage sites like cloud storage because they have still chance to get hacked and if i will put the important files there then it is game over for me.
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I am buying and holding bitcoin for future purposes but I sometimes cash out my bitcoin earnings to buy clothes and pay bills in short finance my daily needs. I see to it that what I am holding is more than I am spending because I don't want to have regrets after few years from now and bitcoin price will be $20,000.
This is the issue the amount of bitcoin that you spend now thinking it is not really valuable will have a very high value in the long term that is why we need to keep every satoshi since the price of bitcoin is bound to skyrocket in the next years. I also believed that the price of bitcoin will go up in the near future and holding bitcoin will become the best thing to do as of now and if you are earning bitcoin constantly then save it because you deserve a higher price for your bitcoin to sell and not the current price right now and just hold it for a longer time and enjoy it after having a lot of patience and buy the things that you want and live the life that you want.
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