There always is much opportunity to earn high rewards in the field of cryptocurrencies. There are a lot of opportunities which can make us earn thousands of dollars weekly which indeed have turned a lot of individuals rich. If we trust bitcoins and just invest as much as possible then even we can make ourselves richer even if we don't work that hard to earn a good living.
There are peoples who already are billionaires with the use of cryptocurrencies who highly motivate peoples like us who want to be amongst those.
Millionaires have become so for a reason, an extremely small percentage of them relied on chance. Many people have become rich with Bitcoin, they are smart people, with a good initial capital. All who followed were caught up in recession and were disappointed. Yes no doubt there are so many people who have become milliner with investing money in bitcoin, bitcoin is the fist crypto currency that has good value as an investment and as currency too, bitcoin even if fell to the lowest price it will rise again because of high potential capacity, bitcoin is the best investment and it will remain number one forever, it always has an ability to make you rich and take you out from financial crises. |
|
|
|
I guess the future of Bitcoin into two different types the one is if it was continuously developing then the government will also take care of it and accept the Bitcoin as a legal currency but the other way is if it continue in the backward situation then no one will try to invest in it and the previous investors are also get out from that
A mix of them can happen as well. It could keep developing but government would not accept it as a currency or a way of storing value, and it can be blocked in the end. Then all the work that has been done will be gone. Have you thought of this scenario that may happen? No not really agree with you because now government is feeling the need of bitcoin in our life, they are accepting that bitcoin has good values to be use as currency, it made our life so good and easel it s the best investment, good asset, government of so many countries has adopted bitcoin as real currency, because of blockchain as well bitcoin made valuable place all over the world. |
|
|
|
There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
Yes there will be less and less Bitcoins, but it is almost impossible to say that will cease to exist. That would be an really unlucky event. Don’t be silly to think every about its happening, I know bitcoin has good value in market and since long it is there no other coin ever had such value as bitcoin has, it is improving now a day in price, still so many people are there in the market who ask only for bitcoin, so it shows bitcoin has bright future that never gona let bitcoin disappear from market. |
|
|
|
It is very possible if we have big capital to get big profits, because in Crypto trading or any business, capital is the main key, but with large capital will definitely get big losses too, if we are not careful in carrying out it.
For this diversification was invented. Of course, the higher your capital, and the higher the risk, the higher the potential reward. However, we must understand that in case of failure we may lose not only our funds, but also the opportunity to re-invest funds for a long time. For good investment we will have to take this risk, it is not actually the risk but it is saving of our future,, when we are investing it is all our own will to increase our money by investing so when you become brave enough to face the risk you will be able to get good result at the end, as you said the more we invest surely there will be miner risk but reward will be so higher. |
|
|
|
This is not a stale market, it seems there is the tendency to continue growing.
Market may continue to rise and grow in coming time .it does not seems that it will get stablize at this point of time . Also btc never get stabilises for long time anywhere . It may get little stable for some time only but not for a long term . You are right the price is not fixed at the moment but it use to get higher and low it is because bitcoin has the most volatile nature, when more people use to invest in crypto currency it makes the price higher and when more people sell so it makes the price low, but it is not possible for it to become stable ever because of volatile nature. |
|
|
|
No longer, days for day trading have started to weaken. Unlike before, the volume and coin options are limited to that, but nowadays, more and more coins are added by decreasing trading volume making day trading very unprofitable. Even most people will take a risk for loss instead of being patient.
Right said, now a day price is getting change continually so we will have to find best time for day trading, now in market so many new traders are getting in but for them it is not good to trader for day because in trading we need allot of knowledge and time to spend, in short it is full time job so those who can afford, day trading has allot of income but needs you to learn until to its best otherwise I prefer long term trading. |
|
|
|
It is impossible to make money in this bear market because most of the coin will decrease in the market. Instead of making money we should grab more coons in the market, grabbing more coin in the market will help us to make money when the market starts recovering.
the bear market is certainly an opportunity to buy as much as possible. but we have to find the right position to enter the market, so that it doesn't float too long, and can maximize profits later In bear market only few people may get profit by chance and maximum people follow your steps, they try to buy as many item and as much as possible and hold until change market movement. I have never seen anyone getting profit in bear market because in bear market price become down so how can we get profit in such conditions, so better if we hold it with patience in bear market and let the price be higher, in bear market we can buy to have profit later in bullish market but for this we will have to buy after that wait patiently to see bull market this is the best way of making profit. |
|
|
|
As far as I know, in order to become an experienced trader, you simply have to lose a few of your deposits in order to learn all the mistakes and pitfalls.
No it is not necessary to lose but it is our luck if we lose, but we should use this mistake for future earning,, try to learn from your mistakes and never repeat your mistake, normally we do mistake because of lack of knowledge so gain more knowledge in trading will help you avoid all kind of lose now and in future as well. |
|
|
|
For me, trading and crypto investment is a job not entertainment, because seriousness is needed here, and cannot be underestimated
Well you could be right with you opinion but I think when we enjoy something it gives us more benefit as compare to those what we consider as our duty and work but not with full interest or concentration, so for me trading is best way to use for earning money but we should also use it with interest not only as job, so we will be able to hold more and earn more with good ideas. |
|
|
|
I know the question sounds stupid.
But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin compared to a small market cap coin were i could almost own 0.1% if the coin supply is 1 billion and trades at 5 cent.
It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?
Well this is obviously and easy answer, of course you should invest in bitcoin, whether you are looking for long time investment or short term invesment, bitcoin is the best option for anyone wanting to make profit from the crypto currency market, considering how the market right now is flooded with shit coins and small cryptos, investing in them would not get you that much investment, even if you like invest in 50 coins they will not get you any profit compared to what bitcoin could give you. If you work as a day trader, it is better to have many tokens. You always have a choice: which exchange can be done to get a profit. For holding, Bitcoin and Ethereum are the best cryptocurrencies, certainly. Agree with you for those who are working as day trader they should use more than one coin but those who are working on long term trading should focus on single coin investment and trading, as you already have mentioned the best coins so I also like to trade with bitcoin and ETH only, I consider both of them the best coins ever. |
|
|
|
I can say trading can be addictive and destroy you mentally and emotionally
Greedyness can be the main source of this out of control attitude
Sadly i heard some commited suicide because of their loses in trading
actually trading is healthy, but what causes unhealthy is greed and ambitious to get large amounts of profit. that should be avoided by traders in order to become a healthy trading. Well said it is not trading which is unhealthy but it is our greed which makes us lose, for me trading is very healthy because when I see my money growing and making profit for me I feel so happy, trading is best way to earn money, just fix your time for it and never get stress about the market because it is very natural to see price rise and fall, buy low and trade at higher price. |
|
|
|
Why not? It is important that you do not become poor in the process of investing in Bitcoin. Of course, your investment will pay off, but who knows how long it will take. Invest wisely.
Bitcoin price can be multiple times. From the lowest price of bitcoin of last time it has become already 3 times so there is a high chance to be a wealthy person if he can invest on bitcoin. The opportunity to invest in the world of digital currency is very large, many types of work that we can do and become a trader by buying bitcoin can be a good opportunity. the decline and increase in the price of bitcoin is something that can be used to make a profit. so don't hesitate to invest in the world of bitcoin, many people have become successful and become rich. this is our chance to succeed. being successful in cryptocurrency is very easy, just how we can do that and work well until success is in ourselves. so I think that can be done by many people in trading, investing and some other things. It is all about us as you said success and lose is in our own self, we should have patience have faith and trust our investment those who trade and invest on right time with full capacity never lose but only wins, in bitcoin always there is space for you to get success, you only have to buy at low and sell higher, I am sure after few years bitcoin will again make profit for all holders and investors. |
|
|
|
I don't think so, because there are many factors that can affect the price, so the price becomes volatile and unpredictable. like a year ago it fell at an unexpected rate after the price reached 20k
Bitcoin will never become a stable coin. Based on supply and demand law bitcoin price should be tend to rise. The limitation on bitcoin maximum amount and the growung number of people who want to obtain bitcoin will make its price increase. Bitcoin is not spread evenly yet, I mean there some people who have a lot of bitcoin they can make its price move extreemely. bitcoin should indeed become a rising coin, but nowadays bitcoin sometimes experiences pumps and dumps. so I think bitcoin can't be said to be a stable coin, but bitcoin is far better than any coin at the moment. Agree with you crypto currency like bitcoin has the most volatile nature so if the price is getting low or higher we should take advantage of it, buy at low price then after holding you can sell it at higher, it cannot be stable because if it will be stable so then it will not be much interested for people as people are taking interest only because it is unstable to give us profit after holding. |
|
|
|
Because there are certain obstacles that you need to go on before you meet the success! In every field, you don't need to be a hunder percent professional or even a talented one. You just need to be patient and wait for your own timing. I believe in calvinism point of view wherein we are already predestined before we are born in earth.
It does not refer to traders only. Take, for instance, doctors or actors. There are plenty of them. However, how many really wealthy and successful, talented people we know? Just a few of them. Work more and be passionate in your business, and you will succeed. Yes in every field only those people get success who work well, gather knowledge and work with their full capacity, so try to gain knowledge before getting in trading, work well and so those who want quick profit become greedy so they show low patience so it make them lose so being a trader try not to lose your patience and hold until price recovers. |
|
|
|
You can use any site exchange
Yes there are so may site in the market all of them will offer you good exchanges but trust me most of them are not trust worthy, we should try to obtain benefit with legal and good sites for trading, other additional advise from my side is that now is time to hold and trading now is not going to make profit for you so please keep holding later on you will get huge trading profit. |
|
|
|
Yes, I invested in crypto and I invested since last year when the market dropped and was the worst of all time.
and now the market is starting to move up and up slowly, and I will continue to hold it to wait for the highest price and I invest in bitcoin and a few other coins.
You did really good if you have invested your money last year because price was so low and now it is very good so you can hold it for few years and will be able to sell it again at higher price, now we can see the market price is getting higher with time, so investing in crypto currency is really profitable investment which gives plenty of profit. |
|
|
|
I believe that the next 10 years will be an extraordinary year for bitcoin, I believe the price of bitcoin will far exceed gold
I don't think that the goal of Bitcoin is to compete with gold. Bitcoin price might surpass gold but gold will still survive as an investment. It's one of the oldest assets of value that people trust the most. And I think that Bitcoin investors and gold investors differ and there will always be those who will prefere one above the other. In general, Bitcoin and gold shouldn't be compared. Yes, we shouldn't compare both of them each one has their own specialities, Gold is an old asset which many people strong faith in Gold compared to Bitcoin, so in order to get more prosperity to Bitcoin, it will take a lot of time. Where Gold physical entity which many people will invest in gold compared to bitcoin. There is no comparison of both because of features and qualities of earning, as we know bitcoin has no physical presence and no one can know how much you have but only you so this is the level of security and after that the best thing about it is increasing price and volatile nature but gold does not have all those, so for me gold will take decades to become like bitcoin but in few years bitcoin reduced the value of gold. |
|
|
|
I know many will regret not buying BTC or ETH at the initial stage when market was in (bearish) trend. Today market is back and I am glad to take part and also get to understand BTC and other coin way better
it will slow down and it seems like it have right now , and we will go back to some back and forth for months like it used to be. Now it best time still we have opportunity because price is good in market, so many places are there which offers bitcoin and eth at good price so it is not late, bitcoin has ability to do so many thing beyond possibilities but we should not forget the year 2017 when price of bitcoin was so higher that it made people milliners so anything is possible for Love, war and bitcoin. |
|
|
|
Previously check first, do you use sell orders or not, if the case is as you tell, I think you used sell orders beforehand
Thats true and very nice advise, but sometimes even we double check it traders experience bad luck because they can't expect the traps due to volality fluctuations. Maybe OP already set sell order after his buy order executed and think if sell in 49 is already make profit. Usually we don't know in where price of coin that we bought will fly. And then we sell it lower price and it keep increased. Once the you sold your coin or token at current price, it eventually dropped after few hours so it's an opportunity for other people to buy during the dip. Let's try to take a deep struggles and don't rely on luck when you do trading. We can work it out just try to do long term tradings and you won't regret in the future. Always monitor the trend of your asset in the marketplace, and also do some research with other promising coins that dropped price then buy at low prices. Both drop or maybe keep increased will always happen. And i am type that not good to predict it. Sometime when price get drop after pump, i trapped on that and i think it will pumped again, but pump time already done.  [/quoteFor sure it is good to make prediction about the market before we get in and once we get in better to keep hold if you see the price is not higher, it not only luck that we should blame but it is our mistakes which gives us less profit in trading, so if you get in trading be ready to face problems and learn how you should deal with it wisely with your knowledge and skills, only then you will gegt your desired profit. |
|
|
|
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha haahaa
Yes, but it will not affect too many investors. Currently whales and manipulators hold a lot of Bitcoin and when its price goes down, that will be the strategy of the whales. This is the black market and everything can happen. If we are aware of it and we know it is just s deal of the scammers so we should not trust them and make sure you hold your investment even a the lowest price, panic selling is not good decision, whales takes advantage of our investment but we should not let them to do this just hold your investment and focus on your future brightness be safe with holding because selling at panic is contribution in price fall. |
|
|
|
|
Show Posts
