I bet there is a large percentage of users here who have the same experience as you do. Yes, one of them is me. Being too innocent at the start and not thinking that much yet. But I do believe those wrong steps made us what we are now. So it is still worth the experience. Main source for investing is of course hard cash. Just buy bitcoin in a local shop and then do it over and over again every month. But then I stop for some time just so I could give myself something new. Things, foods and other stuffs that makes me happy. After that, back again to investing. It already became like a job.  I usually use some of my profits in bounty campaigns to buy potential coins for my investment. I never used my hard earned money from my own salary and those from savings just for my investment. I make sure i only use my extra money so that if i lose, it will not create too much troubles on me. so did me, who only played prizes from the bounty campaign, for coins that I felt were potential. indeed, in that way we avoid panic, because psychologically is more calm, if without using salary money we work in the real world |
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It has acquired place for among the tradeable asset, which is not that easy to achieve without anything physically available to experience. It never gets disappeared or go worthless, even when the entire sum of bitcoin were mined the transaction keeps happening and by that time based on the demand we'll get an increased or decreased.
right, from the analysis that you explained, I can understand that bitcoin will run the opposite, that is, it will develop and be accepted by most people. especially with a large number of spreads, it will result in price increases, this is because supply is limited |
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I see Bitcoin in a strong trend. There is no specific reason now why Bitcoin will not continue its rising, there have been many negative news but it continues to rising. I think, after a little rest here around, may be 11.000$ next.
I also see bitcoin price reaching to the next level around $11k-$15k. This is really possible because even if there are lot of negative news around, bitcoin price seems not to be affected and still making a positive growth in the market. This is just a proof that we are really close to a bull run. I also see it, there is a lot that ethics is being rejected and bitcoin seems to be unaffected by the current increase. with a market that is moving positively, of course more investors will enter and hopefully in the near future the target will be achieved |
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Don't forget your fiat salary always decrease because of inflation but at least you have some different financial economy. You can use money management for investing.
[1] Your main salary/income can be used for financial used ( like eat, bills, etc).
[2] Your other money can be used for investing/trading.
I don’t think one should involve all this because it is much better to use your own mind and make investment by your own even with your small amount of salary as if you will do all this with your own hands and mind you will be satisfied and you will be able better decide what you will have to do at dip and what to do at higher price time, in short use small but have patience it will also increase your salary and your profit. regardless of our salary, it is better not to forget about potential investments. so we have guaranteed old age insurance. now investment does not have to be expensive like land. we can invest according to capabilities, such as gold or cryptocurrency |
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mining is indeed more profitable but not for cloud mining, ...
I agree, mining like having a mining farm is profitable for some but not for all as I have friends who stopped mining already due to high electricity expenses compared to what they earned. Mining is only good for places where electricity is cheap. But cloud mining?,.... 100%, it will just end as scam. when the price of low bitcoin is certainly a problem with the costs that must be incurred, such as electricity. indeed for mining requires a lot of energy, so that what is obtained becomes not commensurate with the burden incurred. for now my friends also stop because they are not profitable, and wait for the change of season |
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I think its just a ploy to condition the minds of the people to make cryptocurrency as bad as possible since crypto could be a threat to their existence. Although I think one way or the other, banks will start to embrace it in order for them to survive and I think it is starting to happen right now.  before the bank embraces it, the government usually gives a signal to accept cryptocurrency. after that a law was made to regulate it, so that the bank would embrace it in accordance with the regulations made by the government. of course this is done so that the country's economy has no obstacles, which are concerned with the bad possibilities that occur |
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This article would be very useful for newbies, but there are many ways described in this article not that useful. Anyway, i believe the best way to earn bitcoin are through trading and participating in bitcoin signature campaign.
Faucets,airdrops and bounties are not useful anymore,we just have to stick with bitcoin to earn bicoins without any capital or can be more profitable through trading it. if you have trading skills, it's better to use time to manage it. now for the signature campaign it is less productive, unlike in 2017, where the rewards of the signature campaign are satisfying and also the distribution is fast |
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Here in my country. The banks did not offer account for crypto currencies but there are in support and with partnership of our local exchanges in which we could use the banks withdrawal facilities everytime we converted our crypto to fiat. I guess crypto accounts in banks are possible only in a country that crypto currency can be use fully in direct spending as money laundering is not an issue as long as there is regulation in which the governments and the banks can fully monitored the transaction of every individual.
like in my country too. where a local exchanger is a company that must obtain permission from a government agency. and it is he who facilitates crypto currency exchange to bank accounts or vice versa. so the bank has no interest in cryptocurrency |
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It may or may not be the reason for the creation of bitcoin but the 2008 crisis definitely would have created a motive to change the traditional financial system.
There were many people who got affected due to the crisis. We don't know if Satoshi was one among them or not but it could have created a need in his mind to bring the next money.
What matter is that he did it and created a revolutionary cryptocurrency. If it wasn't for him then we wouldn't be discussing about it in this forum.
Bitcoin has added so many jobs in the crypto community. It has employed many freelancers and unemployed people. I believe that Satoshi has already achieved his motive to create Bitcoin.
right, what is important now is that bitcoin can become a concern throughout the world, that there are technological developments in the world of payment, with all its advantages. and now with bitcoin it creates jobs and prints rich people, and many other benefits. there are even countries that replace fiat currency with crypto because of the crisis |
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Sooner or later they will start to accept that is why they have bought domains with blockchain,btc etc as they understand that day will come and don't think it will happen after but maybe before, as we saw other big companies started do it.
especially nowadays more and more large companies are using bitcoin as a payment facility. Of course this has gone through a period of analysis from the internal company, and of course with a shining future, it will make other big companies to accept bitcoin to spoil their customers. |
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We can still used it as money actually more and more establishments are using crypto as mode of payment today meaning if it is not good to used as mode of payment then why it is many establishments are looking forward for this? Volatility is not the reason why they dont want to used it the only reason is they are negative towards crypto as this moment.
high volatile feels when we convert to fiat currency. but if it's still in the crypto scope, I don't think this is a big problem. I think the main problem is legalization, where if the legality has not been obtained, it is certainly difficult to become the official currency in a country |
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If there's a major btc price crash,all those big brands will start cancelling bitcoin payments with the speed of light.
What makes you think they care about the price? Has any company said they'll actually be holding onto coins, like Overstock? I assume most (or all) of them will be settling to fiat through Gemini. I'm impressed Gemini can support this. These are huge retail chains. Gemini's books aren't very deep....but I guess they have access to OTC liquidity too. I think this has a lot to do with prices. they accept cryptocurrency payments, of course, considering price fluctuations. and I thought it happened because they believed that crypto would be used as a currency, on the other hand it was good for crypto development |
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Some people have no idea on what they're doing, but instead of bashing sometimes I tend to warn them and explain how valuable their identities are. Some scammers make their promotions attractive thats why they can always attract their preys.
Well, for some people their identity could actually worth less than the reward they are getting from completing such KYC's. For example the minimum wage in countries like India is about 50$ from what I remember and right now Blockchain is offering a reward of 50$ for verifying your identity. This means that a person from India would earn a monthly salary for completing a 5 minute task. all back to yourself. with someone giving up the kyc even though it's a small gift. but there are also those who do not crash to surrender Kyc. especially sometimes we only know the rate of the coin after the process ends, because the new listing |
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The world is going into a cashless society were people do not need physical cash to make purchases and for other transactions. It is why the cryptocurrencies can be used with time.
I’m sorry you’re wrong, things will remain this way. Nobody is going to dump cash to make use of cryptocurrency, even if they do, they will still continue to make use of banks and other stable means of making transactions just like PayPal and the rest of them, which still has something to do with banks. There are people in our community today that knows nothing about technology. So take some chill pill. Of course, nothing will change so quickly. To begin to disappear paper money, it is necessary that much has changed dramatically for the better. We must achieve a very high level of development of engineering and technology. They should lead us to a completely different quality of life. We will first populate the planets Mars, Evening, the moons of the moon, possibly Titan and Europe. We will learn to catch asteroids with the minerals we need, and then there will be a different quality of life. However, this is still far away. In any case, our grandchildren and great-grandchildren in the seventh generation will still pay in cash. right, to see the loss of paper money may occur in several generations after us. for now cryptocurrency can be paired with paper money, it's good. because what is faced is all countries in the world with different backgrounds |
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Things are getting really interesting. Maduro has accused Guaidó of attempting a military coup against him. However, it looks like the coup attempt was suppressed. As of now, it is impossible to say whether Guaidó enjoys any support from the military factions. Initially, there were indications that some of the soldiers were supporting Guaidó.
seeing news on television, he said there would be no coup d'état by guaido, which was caused by a lack of troops to rebel, although Guaido received support from the US. but it seems that until now the conditions tend to be conducive, hopefully the country will be able to solve the problem |
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I think right now almost all industries need blockchain technology because in the blockchain there will be no data manipulated by certain parties, such as in the world of banking, police, and even hospitals I feel the need for blockchain technology in conducting medical records for patients to handle certain patient diseases can run quickly, and efficiently so that many patients will be helped and treated because effective services use the blockchain.
I think home industries also need a blockchain to keep up with the times. with the blockchain excellence from several aspects it will certainly be more useful to develop their company. and this will bring cryptocurrency to develop well too. moreover now many governments have implemented blockchain for various purposes |
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Having a budget is good, you know your needs so you know how much you really need to spend for your basic needs.
We have different income and we do have different needs as well.
To make it simple, if you can save out from your income, just allocate 50% for investing purposes in crypto, the rest is savings for your future.
Savings is compulsory, while investing is an option, I hope I was able to help.
Such division is of course only possible for those who are aware of their future. especially for this year 2019, where bitcoin has improved again. and currently breaking the price of $ 7000, of course this is a good start for other altcoins too. therefore setting aside funds to invest very well is done immediately |
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Is good to have regulation than to get banned and not let to people use crypto, i wish that all countries if want to put tax on crypto to put tax only on profit, and if people lose money invest on crypto to not pay tax.
I agree, the existence of a law that regulates cryptocurrency will make peace to invest in it. of course after that it becomes the government's duty to make a policy about taxes for the prosperity of a country. and this can trigger other countries to do the same |
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Decentralization, I think, is the main reason why some governments is not keen on welcoming bitcoin in their economy. They are using centralized method on their economy and finance to manage inflation and wild fluctuations to their currencies. Most cryptocurrencies are difficult to manage because no one control them, their rapid or sudden price fluctuations might hurt their economy and that's what the governments fear most.
of course this happens because the government cannot control the decentralized system. on the other hand the government is afraid that there will be a bubble on the cryptocurrency because it has high fluctuations, which is detrimental to society |
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Wealthy coming from a fraud couldn't be considered success. A fraud means some people are being abused, used or cheated so others can have their wealthy. But, do you think bitcoin can be considered a fraud?
I don't think so, because all investors have the capacity to understand and learn the basics about this currency before investing. Informations aren't hidden, they are free and public on the internet. When you adopt bitcoin you are aware of all risks. I conclude to become rich by bitcoin can be considered a success.
all businesses have risks, like bitcoin. even though we profit from the mistakes of others, this is where our talents are good at reading situations and potential. and I think this is not a fraud, because we have to be good at reading opportunities |
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