to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.
Is this a good strategy?
I got this strategy from my friend
Definitely all the guys here will tell you that this is an utopia, just I can just you to look for the numbers of statistics how many guys are buying Lamborghini for their earnings from the cryptocurrency. Crypto trading is excellent and better than traditional trading especially the Bitcoin which has highest place in the list of overall ranking. People done with the Bitcoin several times are now in a position to buy any expensive product, they can buy expensive Lamborghinis and anything else they want they can achieve that. Bitcoin trading requires your best knowledge and once you acquire it then you will proceed for enjoying your profit. |
|
|
|
Crypto is not wholly replacing fiat as we are thinking. It will just blend with fiat to make our living in this technological world of our days more easy. Online payment has been a major problem that we face even as I write. People find it difficult to purchase things online especially those without credit cards. Crypto is just one of the payment methods that does not require one's location. All you have to do is to load you address and start making payments
The main reason is moving around government which is responsible for legalization or illegalization and why are they showing restriction is due to the interest they will lose after adopting the cryptocurrencies. They will lose the benefits they take directly from banks and they do not want to lose that due to this they show restriction at crypto. However they should learn from those countries where the cryptocurrencies are performing besides banks without any difficulty. |
|
|
|
We all have life plans. I just have my own business even if it's just a little bit that passive income is just fine for me. I intend to have my own ricemill store and this is my hard work to be fulfilled today. To my old age I will have my own passive income and I will not have any problems yet.
To get passive income is the key, I do not want to work all my life, I want to retire something that is really difficult in my country since the inflation is very high, that is why I need to get assets that can resist inflation and that can also generate a positive cash flow but for that I need a lot of money and bitcoin is critical to my strategy to get that kind of money in a relatively short amount of time. this is the final plans for every people which have a lot of money. and for people which still trying to have a lot of money, they can start right now before our time is almost ending. my plans are to get passive income too like you and I am sure that I can reach my final goals because I still trying to collecting money from what I did. I hope that I don't have to wait a long time to reach my goals so I can get passive income in the short time. and right now, with many works in the cryptocurrency, I believe that my time to get passive income will happen soon. The great thing about bitcoin is that it allows us to get great profits with very little effort so we can concentrate in other ways to make money and then buy bitcoin with that money, this creates a cycle that as time passes begins to accelerate, in fact in order to retire I do not need the price of bitcoin to touch millions of dollars as long as it reached 100k in the future I will be fine. we've got the same things here. I also want to retire and enjoy my life like other people's too. as long as I can collect more bitcoin and waiting for the price to rise again, I am sure that it will happen in the future. I am sure that bitcoin can help me and other people and we only need to be patient for a while. and meanwhile, we can buy more bitcoin at this price because the price is not too expensive and we can sell it at the highest price later. If you are really worried about savings then save your money from the start and begin with Bitcoin’s investment along with another traditional or a daily job is also fine. Management is something which is important in business and business has great importance in our lives so you have to learn how to manage everything. Start buying Bitcoin currently due to its low price availability and wait for it as there are some people who wait for years and at the end they get that finally. |
|
|
|
some gambling cases could be due to loneliness , but majority don't . people get addicted to drugs to escape away from reality , they don't want to face their troubles in life . So addiction leads to loneliness not the other way ! .
I think this kind of discussion needs a supervision of a suitable specialist not on forums where anyone can say random words.
Random words like the one you said? What a way to set an example,  Do you realize that what you said is contradicting? You said that people get addicted to substance because they want to "escape reality and they don't want to face their troubles in life". This means that they were lonely and afraid in the first place. They have a problem. People cope using drugs and gambling because it's the way they cope with the problems which doesn't really make sense since it only gives you even more problems. But that’s how reality is. Always twisted. I do agree with the guy about one thing. Most of the times people become an addict because they are running from their life or problems. You will see gamblers who gambler only for the sake of having relief. Drug addicts take drugs in order to stop feeling their surroundings. Not everyone is smart like you. |
|
|
|
Shyness in gambling will always harm you in a different way because if people come to know that whether you are a gambler than it will hurt you much. Not only if you lose money through gambling it might affect your family in a different way, while gambling you have to be very careful.
If a person is addicted to gambling they why will he shy to play gambling? I think that only new comers will feel shyness while playing gambling tell they become familiar and addicted to gambling. I myself felt shy when for the first time in enter a casino but never after that. on average it is indeed a person who is the first time to play gambling who feels such shame, because there is no previous experience so there is nervousness when playing. after getting used to playing gambling, of course nervousness will disappear by itself What I think about a person borrowing money in order to have another gambling bet is addiction or an effort to bring back the gone amount. Losing money is painful so people try to have that back. Indeed, it is not the right thing to do and nor much can be expected from such action. Having shyness in one’s nature is not a taboo and it does no harm to anyone. |
|
|
|
BTC will never be reduced to that level, it is my experience now BTC is increasing again, is now $ 6300
This is insane. The tough time was in June when the market was down and the price fully unstable. Bitcoin maintained its price and did not allow to fall below $6000 and there were falls below this value as well but the falls got recovered within hours. This means that it might not be possible for Bitcoin to loose such a big value and despite staying down so long; it is in the phase of recovery right now. There have been speculations about the rise in the value and it will rise soon till the end of the year. |
|
|
|
There is growing fear at the moment... we are wondering if the end is here or this is just a mare demand and supply playing out. The future have never been this uncertain.
In my opinion, a rational approach to the growth and progress of the technology will be by looking at its demand for coins in the market and the advancement in it that would make it accepted world wide. Just see the usage of the technology and the amount of funds being poured into it is the evidence it is not the end yet. Besides, it is expanding quickly because of the fact that it has been accepted and recognized by many countries around the world and the transaction of funds among many big companies across Europe also take place in Bitcoin. |
|
|
|
Although I agree that blockchain is better than traditional banking, I do not know if it can end banking, simply because it has been around for a long time and people are used to it. I would not doubt that cryptocurrency is only going to grow, however, making the obsolete may be a stretch.
Well this not possible for Bitcoin to out date banking sector because of the fact that banking are the financial institutions run by the government and which performs the jobs for the government. It creates credit; the process of credit creation is very important in advancing loans and giving way to new investments. Besides, banks perform certain jobs that cannot be performed by Bitcoin alone. So there will still be a need for banks and that is the reasons banks will stay alive. |
|
|
|
It is really bad for cryptocurrency the government regulation for cryptos , because the government may either impose taxes to the cryptos and the functions of cryptos which is in anonimity will be lost because the goverent is in control with the cryptocurrency.
Well if we speak about a system with no regulations, the system actually does not work. The fact that people do not want regulations in Bitcoin is just because of the fear of being charged with taxes. And it is vague to claim that government will not implement such policies because they can really implement such policies for maximizing their own interest. This is why people do not want regulations in Bitcoin. But I think if the government allow the crypto currency and implement soft policies on the users, the users would be able to get in with the policies and invest in the same time to earn in Bitcoin. |
|
|
|
Big different is there in watching movie and playing gambling, in gambling every time you have expectation of making money from gambling which make it more attracted and having good fun there.
You may have big differences in acquiring entertainment between watching movies and gambling but I do not. Yes, the satisfaction of watching a good movie is similar to what I finish off with online dicing along with spending more time in setting up variable in the automated environment. It must differ gambler to gambler but I refer the satisfaction we are enjoying at the end of the day. No big differences and also, I am not claiming that one will replace another. I think most of the people are there to play gambling again and again because for every time they have hope a one day they will become succeeded to make a big money from gambling.
This is the hidden truth why you are not ready to accept similarity between gambling and movies. You cannot find any chances of returns for your money spending with watching-movies whereas gambling provide such a chance (even it is becoming possible only for very few gamblers). All these reveal that you people are still expecting only big money from gambling and not ready to accept the real meaning of why gambling is with us. There are exceptions in everything and I think we must consider you as exception as well. Because what you are saying is totally different from what we have seen practically. People ruined their lives just because they have started as entertainment seekers and fun party guys at casinos. They never ever thought of such big detrimental results from gambling. So don’t give this stigma any chance to make your life a hell. |
|
|
|
I lost $100 worth of BTC at Intertops a few months ago so I called it a night. I usually stop playing after I lose $50 or $100 in one night.
It's huge but as long as you can stop when you must stop, it won't be a problem. I'm usually playing dice using high risk high reward method but at the end, I'm losing about BTC 0.1 Of course it's become my experience since I gambling on crypto and the fun fact is because of crypto, I knew gambling world ! Limiting yourself is quite easy, but in words. Practically it is far harder than quitting drinking and smoking. Although these things aren’t relatable but still if we think of gambling, quitting it would be a tiresome and long lasting task. This addiction doesn’t just leave you in first try. Rather it would eat you up every day and the spark ignited in your body to earn money would not let you live an easy life ahead. |
|
|
|
I think bitcoin's expectation in 2018 is too confusing that the price of bitcoin can experience price increases and can also fall and will be very difficult to predict.
We do not have to expect from the Bitcoin to increase and change its bear market into a bull market and why is that so you will ask now that is because of our mistake that we choose this low market for selling our coins which do not let the value of Bitcoin to follow the increase trend. We have to change our actions and have some good news from experts as well that we will have a bright future here in the upcoming months but it would bring the good news nearly if we avoid selling in low market. |
|
|
|
Maybe.
There's a lot of expectations and speculations about the bitcoin price but the truth is no one really knows what will happen. Based on its statistical facts every January bitcoin price always go down and rebounds on the following month so lets just hope history will repeats itself.
May be the Bitcoin’s price rises in the upcoming few months as said by experts that the value can go higher than 30k US dollar within the next six months and we hope that it happens for we are waiting from a long time to see the success. Bitcoin has the potential to achieve any possible value but it is we who do not let it go high as we sell directly for little profits in its low market so this is irrelevant we are repeating. |
|
|
|
When my coin constantly decreases I always hold them for long periods of time, waiting for the price to rise again, that would be better for us, if we fear and sell pennies we will lose money right away. instantly
That is the only way to deal with the down market when the worth of your coins drops. You just cannot sell your coins in the down market for it will either incur you a very low profit or non at all. So it is always a better option to invest in the type of coins that can give you profit upon long term holding. The market is a dynamic place and does not remain static all the time. Besides, its recovery period is often too slow as well so it is rather advised to act according to the market condition and not according to the price fluctuation. |
|
|
|
if you are new to the world of crypto you better make a purchase or invest in a good coin, and I think BCH is a good coin for you to buy.
Well Bitcoin Cash is a great coin and of course it can be fruitful and profitable for newbies to have it in their portfolio. It was launched in first of August 2017 and towards the end of the year had a high value. Besides, it has its market cap among the top three market caps in the crypto world. So yes it is a good choice for investment. Besides, owning some ETH, BTC and ripple and making a diverse portfolio after the newbies have some experience in crypto is another way to get the worth of their portfolio maximized and lessen the risk. |
|
|
|
Nobody can make money when the price is very down. However, if care is not taken you will loss all asset during the market drops. Also, the only way you can make money is that the price should rise and market should be better. Best of luck.
Even in the down market, if the worth of your portfolio is more than the cost of your investment initially, you are still able to earn in the sown market but this is not normally suggested by the experts and the monetary economists because this helps lower the prices more even more. And the other disadvantage is than if you try to sell in the down market, you actually deprive yourself of the share of money you could possibly earn in future when the price is high. |
|
|
|
I know this subject has been looked at before but with the speed at which the cryptospace changes I felt the subject deserved a fresh look, and why not obtain that fresh look from the experts that are currently at the forefront of using crypto, namely all of you here on Bitcoin Talk forum. I know there will be a time when it will not be necessary to change from fiat to crypto and vise versa. Hell that time may already be here. If the time has come where that exchanging of one to another is no longer necessary then i definitely need an update because that would save a lot of time and money. So if you would please share your insights and knowledge with the rest of us on what the most efficient way you have found for  1. avoiding the whole exchanging from crypto to fiat to take care of financial responsibilities out side the Crypto-space  2. what is the most efficient and cost effective way you have found for the exchanging of crypto to fiat? Please remember that ideas are awesome and helpful to further a subject so please do share yours, but with that being said please remember that lots of people that read this may be new to crypto so please do include details and specifics such as names of places, cost and special steps that maybe needed to accomplish your way of doing something. I want to thank you all in advance for your participation and for all that you give on a daily basis to help improve and add to the Crypto-space. I believe that is necessary because you can’t do without fiat. Your country’s currency is very important cause you can’t do without it, you can’t buy anything if you don’t have fiat with you. You can’t just go into the market and be asking people to sell to you with Bitcoin lol, nobody is doing that, you can only find Bitcoin being accepted online (although I know that in very few countries that there are a little number of people that might do that. But what I know is this– you must always change your cryptocurrencies to fiat before making use of them. If not, then ask yourself why you always get worried when the price of Bitcoin drops. Lol, that’s because you know that your main reason for using BTC is to make profit and withdraw to fiat. |
|
|
|
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
Some people are fond of taking loan from banks to pay up their debts, but that’s even the worst thing you can ever do as someone that is in debt. How can you be putting yourself in extra debts to pay up and old debts and then you will still remain in an ever increasing debt that will keep on having interest every month. Banks are even the worst and you will regret taking a loan from them. The best thing you have to do is work hard and earn money to pay your debts, that’s the best thing. |
|
|
|
Today, many people use Bitcoin for investment purposes. There are a lot of people who have paid with Bitcoin before, what do you think about this?
I haven’t done that before and I never planned to do so. Why would I even do that? I never planned to do it and I never thought of it at anytime, what I do is put my money in BTC for a short period of time and after that I would withdraw to fiat, whatever I want to buy I buy it with fiat. Bitcoin is not even stable and you can’t just leave your money in it unless you’re ready to take the risk.I only buy with fiat and on trusted sites. |
|
|
|
of course a good investor will first do its own research (whitepaper, roadmap and etc), besides that what is your biggest motivation?
I think every of these options you gave are very important and should be checked for sure. The number as the first comment said should be the team that is behind the project, and I think when the term ‘Team’ is mentioned it has to do with the partnerships and the individuals behind the project, especially the big names. When there is a good partnership then you don’t have to worry about the capital that is being used to fund the project cause everything is going to be just fine as long as they have a good team and investors. |
|
|
|
|
Show Posts
