It is more profitable than any investment but it is not stable as a source of income and it is still better if you do diversify and put money in other investment like business or real estate because that is the best way to minimize the risk and to be able to have a multiple source of income that will help you to grow your net worth a little bit faster. I had a piggery business which lasted for three years before I stop it because a house was built very near to my pigpen
|
|
|
I think bitcoin will rise a lot in the coming future.Bitcoin has been on the top of all the cryptocurrencies from a very long time and will remain on the top because on other altcoin or cryptocurrency has the power to overtake it. We don’t know what will be the next happen on the bitcoin value. As I understand, we should focus on other activities of our life to avoid to depress and others emotional
|
|
|
Mаny pеоplе wаnt tо rеpеаt thе succеss оf bitcоin whilе nоt аpplying fоr this аn еffоrt. Pеоplе оftеn cоnfusе thе rеаsоn аnd thе cоnsеquеncе оf thе succеss оf prоjеcts bеcаusе thеy think thаt yоu just nееd tо issuе а cryptо аnd thеn it will find hеr оwn usеrs. People also want to be rich and they want to do it by creating a project and hope later it will be famous thus he can sell his stash for a lot of money
|
|
|
I also started plunging in crypto currency by studying. I learned to learn by myself. Initially I read the thread in this forum, I can not connect but after I search for understanding some terms used in this forum then the longer I become more understand. I totally agree with you. I rember when i was a begginer in this field, I made very many bad investments because of the lack of knowledge
|
|
|
It is impossible to do something like that, it is impossible to regulate bitcoin to the point where it will not be a threat to the economy of countries. But there is one main problem and that is illegalization of bitcoins in majority of the developing countries. These governments don’t want their people flourish their lives rather they want to control them so that they continue to grasp everything and don’t let anything for their public
|
|
|
Yes of course human stupidity can affect the movement of the market. In everything and aspect here in world, human stupidity is the most thing that can affect. It is very hard to prevent the effect of the human stupidity. They invest with different timing and at different amounts all the time. According to the news the behaviour of the investment is also changed sharply and thus making it completely dependent upon the human behaviour
|
|
|
##PROOF OF AUTHENTICATION## Bitcointalk Username: Miracleismyidol Telegram Username : @mirana987 Campaign : Signature Spreadsheet # : 34 Ethereum Wallet Address : 0x60cf3c3ffE956293128c09cdDa3f41EAf46bc26E
|
|
|
As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0. I want your insights about this volatility of bitcoin.
You can see that bitcoin has very few recognized countries and is not protected by the government, so price is very easy to manage because nobody controls it. The market is fluctuating continuously and is in the bearish trend in the long run, I think the bitcoin price will be able to continue falling further and you should be careful when trading.
|
|
|
My country is blessed with alot of mineral resources and lots of talented people but to my surprise the poor became poorer and the rich richier from that, the government only care for themselves and leave the masses to suffer. The economy status of my country as of this writing is still not that good. We are still a third world country from South East Asia. We are surviving and still striving hard to be able to improve and develop our economy
|
|
|
They have got this huge and drastic impact, for that we are calling them whales. They wouldn’t be called as whales if they’re like other people who are waiting for others to change the prices of bitcoins. No doubt that the reason that you have given which affect the price of BTCs are all true and the major one between them is the demand of BTCs
|
|
|
I dont know about any hacker strikes taking place recently. And the japan issue was old. So i think there is not much threat
Nope, everything related to the internet can be hacked, and this is one of the weaknesses of crypto. So users should be more vigilant and careful in managing it. But there are ways to reduce or avoid this risk of hacking. Like using a wallet that has a good quality of protection or use more than one wallet. Hackers are everywhere, but they have limits, hackers may be everywhere but there are lots of things you can do to avoid being a victim of hacking
|
|
|
The concept of regulation in the crypto world in necessary to a limited extent and this is because we have so many crypto currencies in the market now that has created a fuss. Only few except the rest are good in terms of profitability and stability. This is a free market and it is impossible to try to limit the number of coins that appear in the market so the only thing we can do is to stop investing in all of those useless projects
|
|
|
In my opinion, When the market falls, the most important thing does not panic, because you can make a very stupid mistake that will cause you to lose it all. And be patient do not rush to take the decision, even if the price keeps down do not do panic sell because will harm. Changes in the exchange rate of cryptocurrencies online in the short term in the opposite direction occur constantly. Therefore, to develop the right strategy, you need to play on the decline and buy coins in time
|
|
|
We all know bitcoin is not a money now. At this time, everyone curiously wants to start their business with bitcoin to achieve success in short duration of time. Bitcoin investment business is a money making business when compare to other bitcoin businesses. The success of business comes from the bitcoin. Business man are tend to used it and do it strategic in their field.Thats why they earned bigger money from it
|
|
|
99% that buy bitcoin are not going to spend it because they can spend it with their hard earned fiat. If you do not get paid with btc, i dont see how people will risk using it.
Well. There are some people who are already feel comfortable in using bitcoin because they are already earning huge profit from it, while some do not feel comfortable from it because bitcoin has low price today and the government in other countries still do not accept bitcoin
|
|
|
Right nothing is risk free as our life can end anytime so don’t worry about it, take risk and see how much you will get through your courage and your will power, only risk takers earn high and get experience as well, if you will be brave and face the situation with patience and courage then you will earn high amount of profit. It is not just about the investments in crypto currencies rather in general, it is a rule of life that you have to take risks in order to stand out of the crowd
|
|
|
I think you can't make money without a lot of effort. So you have to work hard to get some money.
There are very few people able to get that kind of wealth but the important thing is that no one really needs that amount of money, as long as you can use your money to get a good life that is all the money you need. My beliefs about money and wealth is that manage and have control on your money or wealth, if you have plenty of money you could help others who are in need because I believe if I can help others , my money will grow
|
|
|
We cannot stop any of that from happening. It is very natural for people to get used over something after a long time but if we are going to keep on promoting bitcoin, it might be lessen. These are the same group of people that are banning ads for ICOs and crypto while preventing cryptos spread by denying the average retail investor the use of their credit cards and bank accounts to purchase crypto
|
|
|
That's always up to you mate. However, be also aware that there are many ICOs nowadays that are destined to fail. It's just difficult to each their investment quotas nowadays, and since there are so many projects popping out here and there. I hope you see significant progress on your first investment and congratulate yourself on entering the encryption market
|
|
|
This is a good discussion. Really hoping to get more ideas from different people but for me. I must consider a project that has a really good potential and less particpants. In this way you'll get a lot bounty allocation and waiting for the right time to sell when it hits exchanges. All you must need to do is check it's background and if it suits you or you want to be a part of that bounty campaign then you may join and everything must be base on research and analysis
|
|
|
|