In my opinion it's important because it allows money to become like air or the Ocean. Something that just naturally exists in our lives (without being owned by anyone) and allows us to value things in our world and store wealth.
I think in the future the value will not be determined by any government but by the world economy as a whole.
bitcoin is very important to me because with bitcoin I have earned a lot of money that I can use to pay for all my needs and bitcoin has helped me to get a better life. yes, I think this is the most reason for the people which join in the cryptocurrency world and now they can have a lot of money from the crypto world. and not just earn a lot of money from bitcoin but we can earn from the other coin too and if we can choose the right coin then in the future, we can make a lot of money. but bitcoin still give a chance to make a lot of money because once the price increase, the price will reach the highest price. |
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Btctalk name : traderethereum
Rank : Hero Member
Current post count : 2205
BTC Address : 1Mw23vk5KxeHvnoPHkG5HVXKZF5gDaSsFr
Wear appropriate signature : Yes
Wear avatar : Yes
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Preferable to hold because bitcoin fluctuates from time to time, if it drops down, then take the opportunity to put up capital and buy bitcoin. Once the value recovers then this is the good chance to sell:)
yes, holding bitcoin is always good for us but we also have another option which is we can buy bitcoin again if the price is down. so we have two benefits which are we can add more bitcoin into our wallet and the second is our price buy average will reduce so if the price increases for a little, we can directly sell to recover our loss or we can hold it for another time. |
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and if the price is down and the sign is still down, then I will prepare to buy more for every coin that I have because I think the time to buy at a lower price will come and it is my chance to decrease my average buy order. but sometimes if I think that is not to buy again, then I don't do anything and only watch the price is down and I will wait for a good time to sell if the price could increase. but if it still down, then I only have one option which buys more the coin.
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I noticed that many investors were afraid to buy during ICO because their reason they are cheaper can be bought on market. Especially when they found out that a large percentage is allotted in the bounty program. Many Bounty Hunters immediately selling token/coin even lower than the ICO price.
#Datarius
I learning from my past and I think it is better to buy after the tokens are listed on the market and it always works for me. I am thinking like this because if I see on the market after the tokens are launch, the price will be lifted until high and then in another second, the price will be dump too hard and if we are late to sell the tokens then we cannot take a profit. it is better to wait for a while to buy the coin in the market so we can buy at the low price and we can wait for the price increase back. |
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Whenever I check coinmarketcap, everything is in red:
---
I don't see any FUD, why is this happening?
welcome to the cryptocurrency world and you have to see this over and over and you could follow what is happening in the market. and if you think this is a good time to buy any coin then do it, don't wait for the price is a start to increase but do it now before its increase. we still have any chance to buy and sell the coins as long as we can see the difference of the price is big so we can take a profit. but always to see and check the price and the chart because this is the important thing that you should do before you buy some coins. |
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in my portfolio there is $200. I would like to invest them in the crypto currency. I want to divide it into parts to enclose fiat money as follows:
10% - NEM (XEM)
10% - Bitcoin Cash (BCH)
10% - Ethereum Classic(ETC)
10% - Hshare (HSR)
10% - Verge (XVG)
10% - DigiByte (DGB)
10% - Expanse (EXP)
10% - GoByte (GBX)
10% - Hush (HUSH)
10% - Rupee (RUP)
do you think, is this a reasonable solution? I will be very grateful for the opinion of experienced crypto-drivers.
I see you have a good list but unfortunately, you need more money to invest in all of the coins lists and you need to know the time to buy. but maybe I can give suggestion to choose the coin. I think you can invest in nem, etc, verge, digibyte, expanse only and for hush, rupee, hshare, I am not following their project so I cannot say too much. and I think you don't have to invest in bitcoin cash and gobyte because the price is too expensive and I think if you cannot add more money, it is better to stay away from that coin. you've said about GoByte that the price is too high. but ethereum classic also has a high price. What do you think about it? Should I invest in ETC? yes, for me, gobyte is too expensive to buy and I prefer with etc while the price is cheaper depends on gobyte. but if you want to buy gobyte too, then you need to decide when the time to buy. don't forget to invest in cardano too because the coin can reach the top ten position in the coinmarketcap in short-term. |
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I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?
it's good if you can save up $80 every month and you can use it for investing in bitcoin and don't use it for anything except just hold the bitcoin in your wallet. and if you want to try bitcoin mining, then you need more money to buy some hardware to start but it will be hard for you to start because every hardware now is too expensive. my suggestion is you need to find out what is the best for you and if you think bitcoin will work for you then you can go with bitcoin only. |
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I think you need to take a look in the order buy and order sell in every market and you will see how much minimum bitcoin in that order and you will amaze with the amount. dogecoin is a good solid coin and it still underestimates by many people but once the price increases at least 100 satoshi, then many people will open their eyes that dogecoin is another potential coin that could they have.
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I don't think that the government could prohibit bitcoin mining (but I think yes, they can) and bitcoin mining becomes illegal because they need to shut down the internet and this is the main factor for mining bitcoin. many people will become angry if the internet is shut down. the bitcoin mining depends on the internet connection and the internet was spread on all countries.
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I think the media just want to be famous, by looking for the weakness of bitcoin, I think more and more media are spreading the news that dropped or cornered it just makes bitcoin stronger and more popular around the world.
they want to increase their ratings in the media report so they could be more famous and reach more follower. I think they will do many ways to still spreading about the negative of bitcoin but sometimes they don't realize that this will not stay for a long time and people now become smart for making a decision and they can think about what they need to do with bitcoin. and no matter how bad the media say about bitcoin, people will choose what they want and people will search another news to compare from what they read. |
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actually, the most influential factor that triggers bitcoin prices to fall down is many people gets panic to see the price jumps from high price to the low price. and we can see that in a few weeks or months ago, we are in $19k and then the price is down and still going to down until we reach $12k-$15. but finally bitcoin down for more until it reached $7k and in that time, many people become sad and angry because the price jumps to the low price but the other people use this opportunity to buy bitcoin at a low price.
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you don't have to pay tax on bitcoin because you selling your bitcoin and then you get the money and if you withdraw the money into your bank account then you need to pay the fee for transferring the money. maybe you will pay the tax for the income that coming into your bank account in every month and it is not about a tax on bitcoin but it's about income tax.
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I will divide the money for buying bitcoin, ethereum, litecoin, dash, monero, etc, ada, and more coins because I have a huge money to invest. and I will leave small money to prepare if something bad happens because I know in the cryptocurrency, we cannot always see the price still increase. sometimes the price is getting down and if it's down, then I will buy more to add to my wallet.
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sometimes I used localbitcoin to cashout bitcoin but in other time, I used my friend service and so far, I don't have a problem and I still continue to use their services. but I prefer to use my friend service because I know him and sometimes I visited in his house so I don't think that he will cheat or do something bad when I want to cash out my bitcoin.
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I think we still can buy bitcoin and ethereum for now while the price is down because for ethereum, it will increase higher soon and one thing that we should know that ethereum is already reached 0.15 btc and I think it will reach more than that. we can still wait for the ethereum and bitcoin increase again so we can use this opportunity to buy bitcoin and ethereum.
By the end of the first quarter of the ongoing year common people will feel it difficult to afford. The price of Eth is found to be low compared to the peak price around $1500. Soon this could grow high crossing the past ath, which will make it highly an profiting asset for the trading purpose. People have even higher expectation of ETH price by the end of the year with more than 2000$ and people who are holding the ETH coin will get the benefit. For people who are holding Bitcoin and bought the bitcoin in the previous dips will be profitable by the end of the year. Crypto will work to the people who have patience in terms of holding the coin for long-term. there will be a time for ethereum to increase back and I think in this year will be a good year for ethereum although this will be a good time for bitcoin too for reaching the highest price again. and yes, many people have a higher expectation of the ethereum price and many of us still waiting the price increase higher. but to reach more than $1500, ethereum needs to stay in the market especially ethereum need to compete with bitcoin cash which is stable at that price. |
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it's too soon for bitcoin to be the country's currency and I think there will be many people in the government that will reject bitcoin although they can see the potential of bitcoin. I don't think that the government wants their currency to be replaced with bitcoin because they cannot control the bitcoin but on the other side, I think they are holding bitcoin too. maybe we need more time before bitcoin could be a currency for one or more country and I think it is better that we could use bitcoin for making money only right now.
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in my portfolio there is $200. I would like to invest them in the crypto currency. I want to divide it into parts to enclose fiat money as follows:
10% - NEM (XEM)
10% - Bitcoin Cash (BCH)
10% - Ethereum Classic(ETC)
10% - Hshare (HSR)
10% - Verge (XVG)
10% - DigiByte (DGB)
10% - Expanse (EXP)
10% - GoByte (GBX)
10% - Hush (HUSH)
10% - Rupee (RUP)
do you think, is this a reasonable solution? I will be very grateful for the opinion of experienced crypto-drivers.
I see you have a good list but unfortunately, you need more money to invest in all of the coins lists and you need to know the time to buy. but maybe I can give suggestion to choose the coin. I think you can invest in nem, etc, verge, digibyte, expanse only and for hush, rupee, hshare, I am not following their project so I cannot say too much. and I think you don't have to invest in bitcoin cash and gobyte because the price is too expensive and I think if you cannot add more money, it is better to stay away from that coin. |
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We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.
My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
With today's technology i doubt if electricity is a problem except of course to the poorest of the poor countries. But if you know bitcoin for sure you have electricity in your home. You can't access bitcoin if you don't have internet and you can't have internet if you don't have electricity. and for this short explaining, we know that the electricity and the internet are related with bitcoin and if one of that does not exist, then we cannot use bitcoin or we cannot trade with bitcoin. fortunately, in many countries, the electricity and the internet is something that people needed and without this, people cannot do their works. although we can see that in many countries, the electricity and the internet is something that too expensive for the people but they still try to use it. |
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the bitcoin price is determined according to market conditions, in terms of economic laws, the more bitcoin users the price of bitcoin increases, so the opposite is, the lower the users of bitcoin the lower the bitcoin
But that can not be made a core of the high price of Bitcoin or falling prices. until now I don't know how to know the price of Bitcoin will be high or down in the future. yes, and it's because bitcoin is different than the other and it's not controlled by anyone and it makes the price is up and down. but in the future, I really believe that the price will be in highest price because bitcoin still new things that people don't know and they don't know either about how the bitcoin price is determined. so there will be a war from buy position and sell the position and the price will always change. |
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