As what i have seen on the coinmarketcap.com for the market price for bitcoin that literally goes down to 6K usd is a good time to start the investment. I am waiting for this moment but still i need more money to invest on it. Well i hope i could get more money the following day so that i could invest in this time where bitcoin market price falls down.
It is quite unfortunate for us who doesn't have enough money to buy bitcoin as much as we like because I feel that we have been wasting the opportunity ahead of us. There's no guarantee that we can see bitcoin again in this situation because it might goes up enormously and never goes back thus if you have enough money don't waste this opportunity because it might be the key for your success. |
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Emergency funds are not to be deposited in a time deposit account. Time deposit accounts have specific time before you can withdraw it and you can never tell when you are in need of it. Also it is not wise to invest emergency funds because you are doing away with the main purpose of such savings. Best thing to do with your savings is to invest, except for emergency fund. From the word emergency ,it means that funds always be ready because we dont know when we can use it. Emergencies is unpredectable. And when we allocated a money, savings and emergency fund is not the same. For the savings, it is not a good idea to put in just a bank.if you want to grow your savings ,it best to invest like the cryptocurrency You have a point we don`t know what exactly will happen so we should have an extra money for emergency funds, as what you have said in terms of emergency we have already available funds to it and having a mindset of saving the money in the bank is good, but if you want your money to become more efficient in the future you can invest in crypto. You have a point, it is better if we will sort out our money into different ways like the other one can be save for emergencies, other one will be kept at bank and maybe lend on a business. Everytime we get our salary or income always remember to divide into pieces thus, the money will not be problem in case of emergency. |
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Because they impatient and can no longer wait for profits to cash out. Maybe they invested and and pries suddenly gone downward by this time and they have no choice but to argue and troll about the prices being too down.
They just do not know that it only makes other people panic more and make others sell off their coins to cut off their losses.
People should be careful about news nowadays.
People are complaining about the price of bitcoin and other cryptocurrencies because all of its price starts to decrease and falls down in the market. People starts sell all of their bitcoins because they are impatient to hold it and wait to its price to increase again. |
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I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.
In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.
If you would have a winning bet that would give you a lot of profit, what would you do with it?
In my own point of view, if i have a chance to win a lot of profit in gambling i will used all of my winnings to buy the things that i ever wanted like smartphone and computer because if i bet all of my winnings again i might lose all of it, so its better if i buy things that i need or i want. |
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Note: If you like my topics/threads and posts give me "+merits". See on the right side of each post (top right corner) there is "+Merits"
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Bitcoin is a part of digital money. How is digital money is your country ??
In my country, many people here are now using cashless or digital money to pay all of their bills because it is very convenient that they don't need to fall in line to pay their bills. It is true that bitcoin is a part of digital money that is why many people began to be interested to used bitcoin. |
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Do not worry about the bitcoin price being lower because it will soon become higher, there's always big hope for Bitcoin that's why all you have to do is trust and trust Bitcoin.
So trust me that Bitcoin will soon increase and if that time comes then it will go up, we can really make a big profit.
That' true indeed so take and hold Bitcoin all you have because it will increase soon especially bitcoin is in dip so take this as opportunity to buy as much as you can. Don't lose hope and most importantly don't panic because it will come back and will exceed the $20,000 record before. |
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Hi everyone,
Im a newbie, i just known about Bitcoin in 1 month. I decided to spend my money that i have saved for a long time in Bitcoin. Please tell me some name of Altcoin, i want hold it until i marry.
Thanks for all response
In my own opinion, Ethereum is one of the best cryptocoin to invest with aside from Bitcoin. Ethereum has a high volatility rate like Btc yet the volume is also high. Hence, if you are going to invest upon it you can guarantee that the risk is not that high and it'll be worth, but still it depends on your trading strategy. |
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What are the differences between online and traditional gambling ? Which you like the most and why ? In my opinion both the types of gambling have got their own advantages and disadvantages. You can try both for some time and then choose one based on your convenience.
Well for me I would more likely prefer traditional gambling over online gambling because for me there's a high percentage for you to be decieve compared to traditional. Though you can still be decieve in tradtional gambling but you may spot the anomalies happen unlike in online if they set an script upon it, there's nothing you can do about it. Furthermore, it is better to play with interaction with people rather than to interact with people through your computer. |
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Is it still considered a correction if it go down further than its price before it spiked tremendously? Because I really believe it is not a correction but a crash from moon back to earth. There is no correction on this year for me but only crashes and rare recoveries.
correction as far as i know is the act of falling of prices but only a small percentage. While crash on the other hand is also an act of price drop but in a big percentage. Both of these events have already happend and currently been happening to the market of cryptos. But as what ive always said, there is nothing to worry about it because the price can surely become stable later on. there is also no need to panic because panicking wont help but will only lead to more serious problems at the latter stage. Indeed, I don't think so that corretion is the only thing behind in this phenomena but rather crash was also the reason. And most of the people in this community are now panicking because of this reason which is wrong. In this situation, we should calm and think a countermeasure for this problem, just like what veterans tell is just bear with it and keep holding because it won't last for a long time. |
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We all have seen how bitcoin crossed $20,000 in December . When do you think this will happen again?
Well, it is not possible for bitcoin to reach this $20000 again because we all know that it is volatile yet the fluctuation rate is high hence, it is not suprising if bitcoin will exceed. As you remmber, bitcoin is more likey priceless before but as the day come passing by it grows up, it became $100, $500, $1000 and so on. Though there are time that is more likely stable at cheap price but as always it changes at a certain time and expect that it will be enormous someday so just keep believing upon it and your effort will not be in vain. |
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people will feel safe using bitcoin when bitcoin prices continue to rise and the rest of the world allows using bitcoin to shop for all the necessities of life, maybe with it everyone will feel safe using bitcoin ..
Indeed, I guess it will be more comfortable for them if bitcoin price will goes up because it is alarming to invest on Bitcoin if we will see it in current situation. Though we know it is just temporary still we cannot tell to other to not be afraid. We cannot fully change the mind of individual hence, we shouln't imitate them but rather do the things that you think is right. |
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A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?
Definitely, it depends on users on what characteristic bitcoin will have. If one community used bitcoin in wrong doing then it will have negative interpretation and of course if it is being used in on what it is supposed to be then it'll have good interpretation. Bitcoin is not to blame why it is being prohibited but those users who use it in bad way. |
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There is nothing wrong with bitcoin, the real problem are the people, they somehow expect that bitcoin violates all rules of economics and want that bitcoin always go up in value and that is simply impossible, the price needs to go down as well, this market is made of people and when the price goes up some cash out, some need that money for something important or some other reason and that decreases the price, just wait and the price will eventually recover.
Indeed, not always bitcoin is in good shape but sometimes it must be in down because that is the rule of market, bitcoin was so volatile it cannot stay to as it is now, there will be times that is high and low hence all we need to do is do the thing we want in appropriate way like sell if is high and buy if it low. There's a circulation happen in a certain market so expect that the particular coin or asset will never stay forever as it were. |
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Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
The communty itself decided on what value of bitcoins will have not the government, its upon us. Simply because of demand and supply we have bitcoin value was created. The circulation made by those holders, buyers and sellers who behind in this market. |
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Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.
I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.
I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?
No I don't, I never paticipate in any ICO that requires KYC because I just want to keep my identity in since we know that there are some anomalies in cyberworld like they can steal your identity and use it in evil deeds. However, I don't think that these ICO would do that but still I must keep it hidden just to be sure my identity is safe. |
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Hello guys. I just want to ask for your opinion or an advice. I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold. I just want to ask what can you give to me an advice or any learnings about trading. I'm using bittrex. You better to Hold those coins who you think has a capabilities to increase and sell those who are not. And if you have enough funds, I guess you should choose those top performing coins like Ethereum and etc. those coins who has high volume. Moreover, don't panic because it will only worsen the situation, just be calm and think a countermeasure for this problem. |
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The good effects that was mentioned by OP is the illusion that fooled a lot of people who wants easy money. The good effects does not exist because once they have won and they felt that they can win over and over again, they will gamble until they aren't aware they are completely ruined by it.
We have same thoughts, I think there are something wrong on good effect of gambling like entertainment, because how could you possibly to be entertained if you always loss on your every attempt. But, it is true that you could get an instant money from it if you will win which is far from the truth because there's a low probability for you to hit that jackpot. Anyway, those postive things could might happen if you have enough luck, just trust from what you can do. |
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I think Bitcoin was a global currency already because wherever place you are and as long as that place legalize Bitcoin you could use it. In fact, there are some countries are now seen the potential of this coin that's why they allow it to use in few transaction like in local stores. Though there are still some countries who are against it but it might change if it'll introduce well in their place.
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Well, it is hard to tell if bitcoin could make it before this year end but, who knows maybe it come true since bitcoin was so unpredictable. Just be optimistic and the most important is avoid panic selling because in my speculation it'll pump by Decemeber I guess where the demand will increase. |
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In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods, or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?
I think the challange if you have only small capital is how could you get a high profit despite on the money what you have. Technically, if you have small capital of course it will only bud a small profit unless you were lucky enough to win a 100x. However, there will also have some advantages such as the risk you will encounter is not that high like you were just playing safe. |
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