For me the price of bitcoin will definitely increase before this year will end and as a holder of bitcoin i will not stop holding it until the price of it will rise again above $20k and there is no doubt that it will happen ,maybe next year it will happen and all of the holders will surely make huge amount of money.
Actually we don't know when bitcoin will make a move since it is really vague some other says this October, some says before this year-end but one thing I can assure and that bitcoin is going to hit the $20K or more but soon. By the way, I like how you think, holding is a great choice and I do the same because this will give a high return if the uptrend comes. Another option is to purchase more bitcoin to hold and that will be worth it. |
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An open question to all bounty hunters. What makes you still join the bounty campaigns?
I was the regular bounty hunter in 2017 and early half of the 2018 but once 80% of my joined bounties started to turn scam without paying a penny, I dropped the idea. By looking the current situation, I can conclude that the situation has now worsen and the success rate of bounties is now dropped to further low. So my question is why you still join bounties? Are you getting paid? If yes, then which one gave you best rewards this year? Who is the best manager/s currently in bounty domain?
The simplest reason why I still choose to continue to participate in the bounty campaign even though there's no guarantee that you'll get a profit is that I do still believe in it besides I don't even need to place money to have a return since all I need to do is to promote the project. I like this method because unlike risky transactions like trading and investment bounty is quite simple your capital here is your skills in captivating investors and basically your knowledge. |
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When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?
Well it is hard to figure it out when bitcoin will come back again but bitcoin seems making a move. It is to vague to predict when it will occur so I guess it is better if we monitor the market day by day. Regards with factors, I think we cannot able to determine what will contibute in order to make it happen. Bitcoin and whole cypto is unpredictable indeed and out technical analysis wouldn't be effective that much. |
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for me rich people are people who without doing anything can make a lot of money.
like a big company owner who can hire people for him to become rich.
no one who works will become rich but the person who employs him is the rich.
i think that was wrong opinion.rich person akways work hard in their life.every second they thinking about their business,how to make it growth and improve.there is no free time for them.rich man passed hard condition and maybe they sacrifice many things in their life.before they able hired man they will do it by them self.only lazy man that dreaming money will come to them without any work. Indeed. To be honest, probably it is all based on the movie he used ti watched. They would never become rich if they haven't doing anything even though they have a lot of money they never stop and tend to work to earn more. Even if they hired to do your work still there will be things that you were only one who can manage it. Hence, the idea of rich people who is getting richer without doing anything is a total lie. |
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We cannot predict the future. But as of now, from what I can tell, Bitcoin's future will still be holding its crown. We can't really say, but that's true, every technology would be replaced by another, more advanced and viable option for the people to use. Maybe it's not yet the time, or it's not yet in the making. But definitely at one time in the future, we would see more changes to crypto-space and we there's a high possibility that Bitcoin would also be replaced, given how fast people innovate these days.
You have a point I am pretty sure that bitcoin could be replace by new currency however it will not be some altcoins just like USD it never been replaced by any fiat but now bitcoin is gradually taking its crown in different manner. Bitcoin will never be replace by any altcoins due to the fact that they are dependent on it, as bitcoin dip they also tend to the same, more likely bitcoin could a very big impact on crypto market unlike of some sort of coins. |
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Controlling emotions is very easy because for sure I believe every person can control their emotions so don't be afraid or even scared if the price decrease because a emotional trader can lose more for sure if they scared because they sell the coin that they bought with high price to the low value. A real and successful trader know how to manage to their emotions while in they are in trading.
Not exactly. Managing our emotions isn't that easy, admit the fact that there are times that we have been engulf by our surging emotion and this emotion can be trigger either postive or negative phenomenon. It is easy for us to say that we can manage our emotion well but we must remember that we're just only human, we're not perfect. |
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I'm buying ~500$ in Bitcoin every month with part of my salary. I have a stable job and my company is doing good. I'm wondering if it worth to take 20.000$ to buy 2 BTC now and pay the 500$ as loan installment instead of buying sats every month. I believe in the potential of Bitcoin to reach 50k in a couple years, but it wouldn't be possible to buy near half of BTC at the 500$ rate, so this would be something like an "advance". Hypothetically (but still possible in some probability), if BTC collapses and never recover from 8k, I would still be paying this loan for about 3 years but wouldn't starve or something like that, it would just sux for a while, since I still have another source of income. I know it's not the place to ask I will do whatever I think it's best, but if you were in my position, would you do it?
I think that loan will be pretty worth it. Bitcoin will do pump 50k or even more but I am pretty sure that this will take a lot time maybe decades or centuries perhaps. Bitcoin is very potential assets based on its history from 0-20k usd is a prove that it is worth to invest with. |
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There are many good wallets I'd say but the ones who got my attentions are Blockchain, Coinbase and MyEtherWallet for altcoins. These wallet I have been using for a long time and they never fail me or what. These wallets have fast transaction and most secured I've ever used. Though some of them had high fee still I preferred to use this crypto wallets.
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KYC standing for Know Your Costumer or mean you have upload your data ID for an exchange or an ICO project investment, we have submit KYC after joining bounty campaign project keep away from participants using multi account or joined with more than one account, now airdrop have doing with the same thing for participants upload their ID if want to earn coin.
And shouldn't be followed or support since it's also can take away your data, before thinking of passing your personal data make sure that you fully'understand the risk. scammers can sell your account in the dark web think before submitting make sure you know the team behind it. so if we want to give our personal data for receiving bounty reward or withdraw from exchanges,please make that this projects trusted and haveno fake team that could steal our data and sell it to unresponsibility person.actually this is good solution to prevent bounty or airdrop cheating, but its to risky it we drop it to fake projects.they could abuse our data. Personally, I would never give my personal data from any bounty campaign or in any airdrop not because I don't have any trust to them but just for safety of my data. I would only put my trust on exchanges but for not simple one, I would put it into a popular and have integrity one because they'll never do such thing could harm to their integrity as a trusted exchanges. |
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You know this question is unavoidable...
DID I MAKE A MISTAKE INVESTING IN BITCOIN?
A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
The recent market setbacks have brewed a very big question in the minds of new investors...
What will be your response to this question?
As far as what I've remembered I haven't make any mistake yet because you could just simply wait for bitcoin to have a cheap price before you buy and wait till for the uptrend comes before to sell. It is easy to avoid mistake in taking bitcoin investment however, we should still to aquire more knowledge with regards to this topic. |
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I came across an article where researchers found that 3% of traders make money and with less than 1% making more than minimum wage. A new study of day traders in Brazil 3 academics, 2 from the Sao Paulo School of Economics and another from the University of Sao Paulo, undertook a comprehensive analysis of options and futures day traders in local equity markets and shown that this is almost certain to be a total nonsense. The academics looked at just under 20,000 new traders and found that, over time, they lost more and more money. Of those that traded for a single day, roughly 30% turned a profit. Conversely, only 3 percent of the people that traded for over 300 days made any money. In fact, the researchers found that the longer that someone traded, the more money they lost. This pattern can be seen in the casino roulett, said the academics. >> If day trading is not profitable, then why do people still do day trading?How profitable day trading depends on many different factors, one such important factor is that it depends on how much capital a trader has. A 2% gain for a trader with $10k vs $100k USD makes a big difference and can spell the difference between becoming a successful full-time job or not. But if we talk of Bitcoin alone, it does seem like long term investors have gained more than day traders. Day trading is more profitable when it comes to volatile market. If you are really good at day trading then you can make a lot of profit if you will choose to trade bitcoin. It really depends on the capital but even with a few thousand dollars as a capital in bitcoin day trading, you can still make a lot of good profit. So you better master the basics of technical analysis if you are really into day trading. Day trading is more effective on the volatile market indeed, however, not for crypto because as we can see there's no big movement happening in the market now hence day trading is out of option probably, it is better if you do the long term trading. Besides, OP is more likely pertaining to foreign exchanges, not crypto that is why people choose daily trading but for crypto traders based on what market we have now daily trade seems a bad option. |
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before getting to know cyrpto I was involved in forex trading, then I switched to crypto trading, I think it's the same as forex trading turns out different, crypto is more difficult to predict and the movements are often irregular, for those of you who trade forex, it's more convenient forex or crypto,?
if I personally prefer analyzing in forex trading, but in the trading system it prefers crypto trading, I hope someday the crypto exchange will include various national currencies, so it not only provides crypto exchange but also exchange money between countries.
Personally, I would rather choose to trade crypto over forex simply because crypto is has high volatility rate compared to assets laid in forex. Honestly, I only have a little trade experience in forex but even so crypto is more profitable. However, trading with crypto is more risky compared to forex because in crypto even if you make technical analysis it is still vague since its unpredictable. |
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News flash: No one knows when exactly the best time to buy is. If you think bitcoin has a future and in that future bitcoin has a higher price that it's price right now, then just dollar-cost average! May it be weekly, bi-weekly(I prefer this), or monthly. That way, you don't need to rely on technical analyses from people you don't even know if they actually know what they're talking about.
Exactly. If you believe that bitcoin has a future then there's no need to worry when is the right time to buy because even if you buy at a high price if you still got a high return in the future. Basically, I'm just saying is that bitcoin never been stable it always makes a move whether it is pump or takes a dip. Bitcoin never stops increasing hence, if you truly believe in it you have no fear to buy whenever it has high value or not. |
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I have not been really into investing though I have some stocks with a premiere banking firm here in my country, which i just left in my broker's site idle for some years now. What made me excited into investing is cryptocurrency but unfortunately it was not bitcoin but a scamming project called TheBillionCoin which by name itself really sounded so dubious. Okay, I was still innocent and naive at the time. Soon, I meet bitcoin and it was not yet that pricey at the time but because I was not convinced that it can go sky-high I just bought some.
The main source of the money I invested with bitcoin comes from doing online job with a platform where we are allowed to post in many forums in exchange for some points and the those points can be converted to real money anytime.
What are the sources of the money you invested with bitcoin or cryptocurrency? Anybody here used credit cards?
I've heard that TheBillionCoin long ago because my friend is doing trade with that coin and I've heard from him that he stop using it, now I know the reason behind it. In my case, the money invested from bitcoin came from ICOs, I participated in a lot of bounty campaigns before and it was really profitable way back 2017. Basically I've never deposited money to buy bitcoin all of this is came from this forum that is why I'm for having part of this community. |
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Bitcoin is an online currency. Even if started with a lower price. Now its value is beyond the reach of ordinary people. But, nowadays, it seems that Bitcoin is losing its popularity.Because, not receiving validity in low income countries. It may be the main reason.
Probably you mean bitcoin is silent right now but it doesn't mean bitcoin losing its popularity. Investors and traders are just being inactive because they might be waiting for the right time to come before they make a move. However, I gotta say that compared to the last year 2017 bitcoin is not that popular now probably because people are only there because it is a trend. Actually, there are some businesses that is now accepting bitcoin as payment so it basically means that bitcoin is still popular because a business will not invest in something that is not popular or no potential. |
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Everything "too" is not good. That is too much. A moderate of everything is the best. Anything too much is that which cannot be handled smoothly and properly. You cannot bite off more than you could chew, that is the wisdom behind it. You trade too much, you cannot monitor all of them properly and with careful focus. There is a probability that you will miss something. You buy too many coins, there is a probability that you cannot update yourself regularly of their developments and you will just wake up one day with some of your coins dropping double digits in price. Trading too much amount is taking too much risk. A loss will also be too much to handle emotionally afterwards.
Indeed. It should be balanced all the time. Not only for trade but for everything too much can be harmful. Just take care of the thing that you can handle. For instance, having too much expectation in one crypto could be harm in the way if it crashes, all of your money invested to it will be gone. I think there's nothing wrong about having too many methods, in fact, this a good strategies and the only negative effect only I can think of is that it would be tedious for a person who uses a lot of methods and can cause confusion sometimes |
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I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100 pesos or $3 so his losses are bigger than winnings.
But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
Well, just like him I would jump in joy as well because winning a jackpot in playing gambling is really rare. I might forget how much money I lose because of the surge of my emotions. In my opinion, it is just normal for people to forget his bad experience in the past if something good comes up in the present. Anyway, this is just portraying that even if you have hit the jackpot losses can really be bigger than winning indeed unless if your first bet hit the jackpot in an instant which is almost impossible. |
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Of course I'm sure Bitcoin will be able to rise to $ 9,000 but that's at the end of October, but if it happens tomorrow to redeem $ 9,000 then I'm happy bitcoin moves so fast and by the end of October it will be more than $ 9k.
Even bitcoin is fast on rising you should know that bitcoin is also fast when decreasing. The price of bitcoin might be stable in the price of 8400$ to 8800$ but, yesterday the price of bitcoin step in the price of 8600$ and on that time I believe it will continue on increasing. There are 21 days before the end of October so let's see if bitcoin will hit the price of 9000$ or it might surpass that price. But, it is better if bitcoin will totally surpass that price. Bitcoin is capable to alter in a short amount of time hence, we should be aware of the movement all the time. Bitcoin would definitely hit the $8400 or even more but I don't know when it will occur probably before October ends or before this year-end. Bitcoin is really tricky its hard to tell if it's going to pump or going for a dip. The best option to do in this situation is to hold, have the patience for the uptrend to come and your effort will be worth it. |
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Use your KYC account ID only for trusted website and exchange, join an ICO if do not raised hard cap what for you have fill form your KYC account, with coin bounty campaign have lower price never give your data and sub,it your KYC. Use your KYC only for good ICO, exchange and have value coin of bounty campaign.
Exactly. Don't just give your identity on random campaigns. Make sure that the bounty you were going to give you data with is legit. To identify the credibility of a ICO you should have provide some research with regards to their project. We shouldn't put our identity at risk because it may be used to hurt somebody. KYC is a good thing because some businesses such as exchanges must know their customers for the security of their site but also for the safety of the users as well. |
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Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.
Do you own any cryptocurrency yet?
Crypto is already became an alternative mode of payment especially in countries where it is legalized like United States, Japan and more. However, there are still some countries who against crypto, they saw it as a threat or probably they haven' recognize its potential yet. I've only known rare cases where crypto used in a physical store like Starbucks because I was only known the online store but anyway this is the prove world and even business now acknowledges the existence of these coins. Crypto is gradually being a trend and that is great I guess. |
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