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Going all in on bitcoin for young people is the worst thing that they can do because now the price is very high and the question is, where they can find source of money to be able to go all in on this kind of investment. This thing is just for people who are rich and doesn't care for their future and also for those people who are greedy but it is advisable to don't go all in because that is worst and very risky.
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The countdown for paper money extinction is on. The foundation of this monetary policy is flawed and have to be fundamentally changed. Bitcoin offers good option though
i do not think that there is any countdown to paper money. paper is will exist for next few decades, actually majority of people are still depending on fiat currency because they still do not know anything about bitcoin so i cay say that for next few decades there is nothing wrong to fiat currency. may be in future when bitcoin will become more popular then people refuse using bitcoin. Yes, I am sure that people will not be able to live without paper money for at least another 50 years. Therefore, I am confident that the future has paper money. I'm not sure because we are having the another good commodity such as gold, and in the previous centuries we are all using the trade to get more stuff to complete our daily needs. You should think that we are on a modernize kind of world so that gold as a currency for exchanging items is not that practical as it like the past centuries because past and now have a huge difference and you should know that. The future always need paper money or the traditional fiat system because most of us get used to that kind of currency and without that then we will suffer from chaotic situations. |
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Both are good if you know how to capitalize on the opportunities. Trading is good if you can keep an eye on the market at every time. However, when it comes to investing you don't need to look at the market every time and can consider you position every month or half yearly. It all comes down to your goals and personality.
Well there is a trick as to how to do a trading that you will not need to check and monitor the market everytime. The best thing to do is just to buy at a cheap price and just sell it on a higher price. Without constantly looking at the market you will get a profit when somebody buy you sell order at the price you designated. Trust me it works all the time, the only problem remaining now is to choose the good coin to invest at. Your problem is cause of your strategy, If you are not looking at the market then how can you choose a good coin to invest? Keep looking or checking at the market is the best way to monitor if you are doing well in your trading and if you abandon the market then you will end up losing money so be careful with that strategy because the only thing you need to generate a lot of profits is patience. |
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Saving is for the poor. When it comes to large sums, saving means wasting time. It's enough just to watch that expenses do not grow, and efforts should be focused on income. I do not like the word "save", I immediately see the hungry years, the war, the "great depression", etc.
So if the savings is just for the poor then why the rich people are keep on having bank accounts and why they are putting their money on their savings account if the word "saving" is just for the poor. I don't think that there is a label for having a time to save money because all the people does that and without saving then you can't do investing. |
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When I first saw this post,
I thought that some newbie might have posted it.
But is was kind of aukward to me,
that a hero member has asked such a question.
I mean why don't you join any signature campaign,
I mean which campaign doesn't take hero members.
You can easily earn a good amount of money.
And if you are in some good campaign then you may even get 0.1 BTC per week.
There are many other ways to earn bitcoins,
But you bieng a hero member should know them.
You are officially more experienced than me in this field.
There is nothing wrong for a hero to ask this kind of question because anyone here on forum are also curious on how to earn that kind of big amount because we believed that there is a kind of work or job that can give 0.1 bitcoin per week. It is best for a hero to do multiple kind of source of income and not only by signature campaign because a hero can also do trading which can expands his possibility to earn 0.1 btc per week. |
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Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.
Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys
Making an investment in Ethereum and Monero is a good option because in that date (February 4) the price was pretty low and i think that you already earned decent profit. In terms of long run or long term in bitcoin then it is still good to invest even the price was high because we are talking about long term and we already witnessed how the price amazed us in terms of long term price increase. So i think even the price is high for your point of view, you can still invest your money but invest the amount that you can afford to lose. |
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I doubt that bitcoin is not a currency because if bitcoin is not currency then why we are able to spend our bitcoins in doing transactions or using it as an exchange for a particular item. Bitcoin is a currency and also investment/asset at the same time and there is no doubt that we considered it as a currency because it has a value and we can use it to do a lot of things including buying items online and even offline.
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Well, now, I just invest some bitcoin I have added some ico project which I consider to have the potential to succeed. has much to do that and get great benefits, so, at this time I also tried it.
Investing in ICO projects is one of the profitable kind of investment because you are buying cheap coins at a lower price and then after the ICO and it launches in the market and then you can finally get your investment back and have an extra earnings because the price is almost double in the market than ICO price. I also do investing in ICO and the last ICOs that i invested in already give me a lot of profit. |
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Money must be distributed in different ways of investing in order to avoid huge losses.
That is the right thing to do and i agree with you, Distributing your money even it is fiat or bitcoin to different kind of investment is the best way to minimize the risk of losing money and also get a big chance of getting more positive profit rather than negative profit. You can put some of you bitcoin in altcoins and some in investment sites and the majority will be hold for long term and i think that is safe or has a less risk of being a loser. |
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In today's situation, being more and more people getting aware of bitcoin and more companies adopting bitcoin as payment, we cant even think that bitcoin price would get down that much.Rather,it would still increase only.Better not to wait for price fall and buy it immediately.
Yes, we all know that bitcoin as of now is doing great and a lot of people are now into bitcoin so it is self-explanatory that the price will go up with a higher chance than going down. But we need to admit that 100$ is a dream price for us late bitcoin investors because we also want those big profits by just buying from very low price but somehow, i can tell you that it is still possible if the whales just sell their coins to the market and make a huge dump by panic selling. |
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Bitcoin is viewed by many as the best investment of our generation. Something that is still accessible for average Joe and is better than any other investment option.
Do you really need any more incentives that this?
Naysayers may argue that Bitcoin is no good because is is extremely volatile and price if fluctuating all the time.
Well, just take a look at historical price charts. Sure there is a fluctuation, but bitcoin's position is stronger with every passing year.
Bitcoin is not the best investment of our generation but as of now? Yes we can say that but in terms of legit long term like 20 years or more then bitcoin is not the best because it is not stable and its price is very volatile and it can be dump anytime because there is a lot of people who got bitcoins at the early age of it so they can dump their coins and that is the down side for bitcoin so we can't comfortably say that bitcoin is the best. |
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In my experience, The panic selling is for not experience here in bitcoin or didn't know the market speculation. For me if the price drop down I will wait because I know that bitcoin price will pump again and for every year that is happening dump once pump twice. If you trust bitcoin you will not do the panic selling.
You could actually take the advantage of this panic selling which in other words is know as trading. I didn't really care of panic selling much as I even knew that the price will increase soon , I had taken advantage of panic selling only once and made a profit of 200$. But mostly panic selling occurs in china. That is what a trader should think. Traders don't care for the panics that might be happening in the market because somehow they know that it will calm down and the price will be back at the normal. We can take advantage of that panic selling to get those dumps and be ready for the pump later, It is easy because a lot of us already know what to do in trading and that is buy low sell high so it's easy for us to make profit in those panic selling scenarios. |
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I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.
Wow! you saw that? was it a prophecy or prediction of yours? Though, I believed bitcoin will really get higher in the near future but not thinking in the amount what you said 100millions each. Though nothing to loose if I hold on to it, but as of the moment I will also rather go into bitcoin not in gold, due to the volatility of bitcoin has.  Bitcoin has unexpected value it means that they can reach high value in unexpected time meanwhile gold value almost stable and keep increasing but the value can't compete bitcoin's recently But still bitcoin consider as risky investation compare if you invest on gold ( better option ) I agree. Gold is a better option for people or kinda like of person that want to invest in a safer field and also want that stable price that the gold provides. Bitcoin is very risky because it is still young and it is very vulnerable by the news or rumors so the price is not stable and you can't loss or win anytime because there is no assurance on what will happen in the next few days. |
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Reaching 2000$ market price is very easy for bitcoin and the only thing that we need is demand because if we have that then the price will have no limit in keep rising up. Keep promoting bitcoin and keep attracting investors so we can help the market to get demand and also get those target price to be real.
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Invest that $2k in ethereums and then try to play with it using trading because the price had experience a pump and that is one of the reason why you should trading because you can take advantage to that kind of scenario. If you are a newbie then try to just become a long term investor while you still studying the market. Don't be greedy to play with that $2k because that is a huge money for other people like me. So handle it with care.
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In altcoin trading,is day trading profitable or trading on a long term basis?
In altcoin trading, I can say that it is more profitable to do day trading because most of the coins are more volatile than bitcoin so it will be easy for altcoins to do pump and dump scheme. Long term basis in altcoin have a higher risk than day trading because most of the altcoins is not stable as well as bitcoin so it is not advisable to do long term. |
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I'm cashing out my bitcoins by selling it to the person that i know. I'm more like selling bitcoin in person rather than online because it is safer for me because i will meet the buyer in person then after the payment then i will just send the bitcoins and all my transactions was smooth and fast and that is the kind of way that i found best as of now.
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Bitcoin is money and it just work like a real money because you can use it as a money where you can use to pay your stuffs online or offline and you can also pay your monthly bills using bitcoin because most of the wallets online enables that as a help for other people or to their user to make paying things easier than before with the help of bitcoin.
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I save bitcoins for futures because i see a bright future with bitcoin i don't mind spending my bitcoins now and i'm just saving even a few amount of bitcoin because i believed that the price can go to its highest point like 5000-10,000$ per bitcoin so i think saving bitcoins for the future is what we need to be safe in hard times.
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I stored my bitcoins to my web wallet because i'm just comfortable for storing it online and i just downloaded their application so i will easily get in touch with my bitcoins when i'm using my cellphone. I don't store so much bitcoin because i convert it into fiat regularly because i can't deal with the volatile price, So i just keep a small part of my money in bitcoin and then use the majority as a fiat or real money.
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