why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
We cannot say when will the bitcoin will raise or fall so it's more better to store your bitcoin for a while. So if the bitcoin raise and when it comes a time that you need a money, you can use the bitcoins that you save to spend all of your expenses. In short saving does really have an important role in terms of emergencies because anytime you could able to get money if you do really badly need it and thats the purpose of savings and together with bitcoin which we know its price inflates we do make good profits but we should know that it do also decreases thats why it depends on when to cut our loses and securing our profits. |
|
|
|
Trading can be predictable job if you are good in collecting news about bitcoin and you are also good in reading charts and if you can do both very well then congrats because you can now predict the market and make profit out of it.
But it will not be that easy to collect all the influencing news about bitcoin and interpreting charts very accurately. That is the reason people are failing with their research and analysis of price movements and finding their trading as completely unpredictable. Still professional and experience of traders are facing losses sometimes, it means unpredictable of trading cannot be solved that easily. It's also hard to know when whales are manipulating the price by pumping and dumping. There are lots of unknowns like how high it will go before a drop and where the bottom of the dip is. Therefore it's necessary to be updated all the time, the market maybe manipulated but that wold not mean that we will lose our investment. If we know that it's manipulated then we can always make a timely decision to act on that opportunity. Bitcoin has been existing for longer years already and if you study on the trend, you can tell that it's very predictable. True,if the prices moves seems like being manipulated then as a wise trader we should really see it as an opportunity to make money even which way would bitcoin price go as long we do know on what we are doing it would be fine and just like all traders they are eagering to make money out of trading even prices is unpredictable. |
|
|
|
I don't know what category I be, but I still believe in bitcoin has seriously flawed in the beginning but I'm also on the positive side that it will go to the moon but we are still far from it. Seriously flawed like the scalability issue but it can be fixed, whether when, remains to be seen. And if this can be fix bitcoin can be very well going mainstream go the price will go to the moon.
I think bitcoin will rise to new heights and there is no stopping to it. You can see currently there is a serious problem of delay transactions in bitcoins still its price sky rocketing. This only shows that bitcoin is trusted by all the people using it and these small problems will be overcomed sooner or later. This is true no matter how bitcoin would experience problems it would really be overcome no matter what happens and the price will remain stronger and would gradually rise in the longer years to come. Bitcoin would really give us or always surprise us in terms of its price. |
|
|
|
What is the best short-term (3 months or less) investment you made?
The best short-term investment that I joined and run in 3 months was investing in high-yield investment program (HYIP), this hyip is known to last only a short period of time but sometime we need some skills of intelligent and feeling about what will happen in that hyip if it can take longer or will just scam your money after awhile. This is possible but its not really advisable to do since its very risky and i do believe there are some people could able to manage to be profitable on these HYIPS which they do usually earn and run but not all the time because i do know some sites do usually last even as fast of 3 days on operating and suddenly gone. Short term investment for me is trading bitcoin and altcoin it does depend. |
|
|
|
|
You can answer this question with your own commonsense since you would really see that you are profiting specially on longer runs already then you can tell that you are on a right business but be still prepared anytime on the possible circumstances might happen ahead because we do all know business do really experience problems.
|
|
|
|
I have this weird things in my head, when i play gambling games like hacking the website and take all the bitcoin that i bet and their bitcoin they put in the website.. also every time lose i think about this kind of stuff hacking gambling websites is it possible for us? how can we manage to do it? is it really that secure?
Like someone already said: "You should close and lock this thread!". What you wrote is not legal, and I'm gambler I don't wish someone like you to take my money from casino. I don't like thief's, and if you are losing stop gambling and go to do something where you are good at. Thread is full with nonsense, and I don't think that anyone will give you any constructive answer, instead of that you will be discredited cause you call for illegal activities! This thread should really be locked because OP seems like gathering informations if a gambling site would possibly be hacked and it seems he have plans on hacking one because he got mad when he do lose on playing it which is really an illegal thing to do. |
|
|
|
I've been saying this all along. Emotions is really the worst enemy of a gambler or a trader for a extend. It's hard to control them specially if you are a amateur trader. And since being a trader means that you have to continually make decisions that can cost or make you money, and even result in major losses, And also if you are Over-excitement, it can also significantly influence your decision-making process. Being too euphoric or excited can be dangerous because you might analyze risk wrong or are too casual about potential losses.
Indeed,emotions does really affect any person on anything that he do specially on trading and gambling or even decision making on real life situations because if you do on a state on which emotions does control you then expect you will do things that supposed not to be done because this would really lead problems on what you are doing. |
|
|
|
Heavy investment is needed for mining yet that is somehow a guaranteed return of investment at least after 4 years of mining without selling any mined coins or at least selling only 10% for expenses, or you can let miners risk their funds and mine then you can buy off them and start trading but you'll going to buy at a higher price than you could potentially sell if you were mining yourself.
You also have to worry about electricity cost of bitcoin miners. Also when a new generation of bitcoin miners come out your miners will for sure be obsolete and no one will want to buy your old miners for the price you paid for it. It might be better if you just buy bitcoins and hold them, instead of mining it for profit. right, you're too worried about a miner, and it's probably the worst thing. what you need to do to make things better is to try trading by buying bitcoin and hold him in a long time. you can see the difference from its profits. Their are big difference from them truly if you compare their profits generated to us since in mining we surely can't get some good income with it since mining blocks difficulty is not easy for us to mine at this point, And in tradings and staking bitcoin will surely make us wealthy but theirs negative side from it since we cannot really tell that we will going to earn from it frequently when their are bad flactuation for bitcoins which can make us a losser if we don't follow its daily stats. I do agree on what you have said mining nowadays isnt profitable at all as the day pass by the difficulty does too which means longer runs wont be profitable at all. Trading is really have the advantage speaking of potential earnings either on short or longer periods of time. |
|
|
|
Unfortunately, we have a lot of unemployed. Prices are constantly rising and it is very hard to afford the minimum required. People in our country lose hope for a good future.
It is really bad, now in third-world countries, It is normal that poor people have lose the hope for bright future, even they are doing more struggle to others. But everything is too expensive that's why they could not afford it, even they couldn't afford their children's education's expenses. But in my believe God help those who help themselves. Don't lose the hope and believe on God. We should not lose hope even we are struggling on living and you are right God will help us if we do help ourself first because no matter how you pray if you wont do nothing its still useless. This is the reality of life theres rich and theres poor and i consider myself belonged on the mid-range and still finding ways to have a better life. |
|
|
|
|
ETH is really promising as we observed on the price on previous weeks it does really increase the same on the increasing price of bitcoin.I do hold some ETH when it was just cheap but i do sold it when it hits $10 and now it increase too high on matter of days.I do regret on what i have done but im planning to buy even more ETH on future.
|
|
|
|
|
As long theres internet bitcoin can be used anywhere even you are on pluto the main issue here is the internet connection which is mainly needed on connecting between the network. It would be useless if theres no internet theres no need to create a new coin.
|
|
|
|
|
No one knows actually regarding on the posibilities even though quantum computers dont focus on algorithms just like been mentioned above but it can be developed for some time but for sure it would really takes time to develop or invent such one.For now,lets just dont think on these kind of things.
|
|
|
|
For now I still convert Bitcoin to my local currencies and buy what I need, why I do this because there's no much shop in my country accept Bitcoin as a payment and though there's goods they are sell is not goods for daily use.
You are right in that point. The current condition of bitcoin nowadays displays bitcoin as a stock more than as a currency. There are only a few and selected place both offline and online that accepts bitcoin as a mode of payment but majority thinks of bitcoin as a stock. With this reality we have no choice but to trade our bitcoin to local cash so we can purchase the things that we need. This scenario would really be normal and i do believe most bitcoin holders are doing the same thing since there are no lots of stores that do accept bitcoin which we could able to spend directly our bitcoin to it. Same as yours i do actively spend my bitcoin to fill up the needs for everyday living but i do still save some of it. |
|
|
|
|
Luckily I have purchased or bought some ETH on those times when it was dumping or on bearish trend for about $7 on the price and anybody is on panic and always said that ETH is going to die but I didn't listen to those speculation and assumptions instead I buy ETH because I believe to its potential and my hopes doesn't fail me and now it increased almost reaching out 3x on my initial investment and I plan to hold on for more.
|
|
|
|
well this is just a mere speculation, but if it's turn to a reality then Bitcoin owner will be billionaires and people will pay more attention to faucets in getting satoshi. Then Bitcoin will gain more popularity universally as people are showing more in it daily.
Faucets wont exist on those days for sure since even giving out satoshi per claim its really worth it and people who hold bitcoin wouldnt plan to build one because $1 is too much for each claim on a faucet. There would be lots of millionaires in that case and even those who just hold 0.01 btc is considered millionaire. |
|
|
|
|
I have completed all the requirements.Please do accept my registration.
|
|
|
|
|
Being worried cant be avoided because we are afraid on losing our money but if we are investing we should really be ready on that specially when the time we saw negative profits on casino or gambling site bankroll,its just really a normal thing and we should not panic when we do see those stats because if you just pull out the money you wont have the chance on profiting back.
|
|
|
|
Hi notaek,
please remove my username from your Signature Campaign please. Thanks for the job opportunity, it was worth it!
I would love to take his spot manager. Thanks Username : carlfebz2 Current Rank: Sr. Member Current Post Count: 1071+1 Bitcoin address: 32gLx3D27rZqRG7bdNXKaWJF4eTBFyazcW Want to avail for avatar bonus?: Yes Please consider my application |
|
|
|
|
Username: carlfebz2
Post Count: 1070+1
Bitcoin Address:32gLx3D27rZqRG7bdNXKaWJF4eTBFyazcW
I would like to join this campaign. Thanks
|
|
|
|
User: carlfebz2 Position to apply: Sr. Member/(regular/special rate  ) Posts Start: 1069+1 Address: 32gLx3D27rZqRG7bdNXKaWJF4eTBFyazcW Please do consider my application. Thanks |
|
|
|
|
Show Posts
