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Yes bitcoin volatility prevent adoption specialy for those company that only pay their worker at fixed salary and their business also affected.They can't use bitcoin for there company,because it is changeable,they are at risk everytime price drop. I think bitcoin is just invented for investment which is you can buy if price low and sell if the price is high for you to gain more profit.
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Most of us are quite happy if the price crashes because it is the right time and a chance to buy more and keep it for a long time. But it is considered as a panic selling for those who had fear that price will not go back to higher again. What happen is normal ,if there is a panic selling,the buyer and investors also panic buying at a lower price and when the supply running out then the demand increasing,this is the time that price will go back to increase and give value to a certain products or coins.
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I put my mind to always think possitive,that's why i believe bitcoin will survive in the future with the new technology it will become more useful,valuable and famous digital currency for the next coming generation.
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Maybe $200 is not big enough to gain more profit if you invest it but it will help you if you buy bitcoin now while price is low then earn profit soon when bitcoin recover. It is better to start investing in small amount than nothing. Bitcoin is profitable inspite of fluctuation and risky.
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I enjoy trading but it is difficult to make profit. I always checking the price from time to time because i sell my coins when the price is high then buy again when the price is low. I have no enough knowledge about it that's why i keep on learning about it and more practice. I know trading is good and profitable if you know how to do this verry well.
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Yes this is the right time to buy coins at the dip price and invest it specially bitcoin. Buy more that you can afford to buy then invest it for a long term because bitcoin will rise soon. There are many people now keep on buying that brings the demand in the market increase. If the demand is great the value of bitcoin will follow.
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I do trading but mostly i buy then hold for a long period of time regardless of fluctuation in the market. Because i believe that long term investment returns can be reasonable despite the volatility characteristics of bitcoin.
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In our country,we use coins.ph for exchange bitcoin into our local money. Then from coins.ph we can widraw our money through banks and remittance centers like Mhuillier and Cebuana pawnshop. It is one of the famous and most trusted exchange here in the Philippines.
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1. BTT Username : Nhor1011
2. ETH Address : 0xe476216D654B33ec70F3FADACb4306009d72C5b8
3. Telegram username : Norilyn
4. Date Joined the Telegram : 07/02/2018
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I think bitcoin is still the king of all crypto this year even there is a huge crash at this moment. Bitcoin will recover soon. Ethereum for me is the king of all altcoins. Even ethereum has a huge usage,bitcoin is still the leading coin in all crypto. It has a big difference and gap if you compare it to bitcoin. That's why ethereum is still behind bitcoin.
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I have a very strong feeling tonight that this crash is actually the biggest blessing we could receive from the crypto Gods. Hopefully you have been buying during the dip. I feel that within the next week the crash and burn will turn. My intuition and instincts have always been pretty good. This crash is actually making more millionaires than destroying them. You may not ever see the market this low again in your entire life. Is it at the bottom...who knows...but as long as your buying during this epic dip, you will come out a champ over the next year. I am thankful right now, not regretful. I hope you can see things from the same perspective. Buy what you can afford and just hold. This is the moment that could set up the rest of your life. I personally am going all in and doubling down across the board.
Yes,you're right,the situation we are facing right now in bitcoin is a blessing in disguise. Bitcoin give us a chance to buy more that we can afford then hold it untill the day that sun rise and shine again. I admire you,because you turn the negative side of situation now to the possitive outlook. Hope all of us has a courage and patience to wait for the blessings to come in the future of bitcoin. Don't look only in negative side,look also for the bright future of the situation may bring. |
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I think aiming a higher price and getting more profit is not selfishness. Maybe it depends on the situation and status of everyone.More people want job to earn because they need for the seek of their family and when bitcoin exist they grab it. They need income and everyone here and those investors want a higher price to gain more profit. Because if they buy bitcoin $15000 then suddenly price fall to $8000,ofcourse they get lost their investment that's why we want a higher price. But wanting a higher price and profit i think it is still depends to every people needs and satisfactions.
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I think if you want your family or relatives to inherit your crypto,you need to educate them first about crypto. Then it's up to you if you give to them your password and private key so that they can access into your wallet. Because if ever they can't access into your wallet,those coin will be remain in your wallet and nobody can claim it.
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I think most of the bitcoiners support bitcoin like me. But maybe some people are getting panic when they saw bitcoin price getting lower. Well,for me this is not the time to panic,but it is the right and good time to buy while price is verry affordable. Then wait because bitcoin price will increase again. Invest more to earn more someday.
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Wow...this is really a good news for the bitcoiners. Hope that someday more company and stores will accept bitcoins as payments. It brings more popularity to bitcoin and it help us to be more secure in different places just carry our bitcoin than bringing cash in our wallet while shopping or eating in fastfood.
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Trading is risky but i think this time that the price of bitcoin is going down it is good to trade in altcoin then convert it into bitcoin when the price increase again. This is what i did at this moment. I tried trading altcoins while waiting the price of bitcoin going back to increase.
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Nobody knows what will happen in bitcoin tommorrow or nextday. All we have is speculations. In my opinion maybe bitcoin will increase again starting march onward. I think it will not drop down below $10000. It is just my opinion. Because i think a lot was happened in other country and other social media like facebook that affect the bitcoin now,but i think it is just temporary. Bitcoin will recover soon.
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Trading is not easy,you need to put your time to practice and learn more. It is difficult because i need to check the price movement of coins i trade from time to time. And untill now i do trading because it is profitable and i enjoy doing this. But still i am in learning process even i do trading everyday.
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