Latest posts of: ChConcept

I am into investing in crypto currency most especially in Bitcoin. Well, so far so good and I would like to also share that I am still into investing in stock market, i have invested in it way before i knew about Bitcoin and I continued it since it know it is best and safest if i diversify my portfolio.

The main factor is the demand and interest of the people on Bitcoin. Once the demand and interest of the people are high then the value is going up and same goes when the demand and interest of the people is low, then the value is going down. That is why FUDs and false news are affecting it because it those things can affect the interest of the people on Bitcoin, that is why it is not really advisable to take actions based on emotions because you may create more damage than a solution, example panic selling.

Well technically, it is not because of crypto, it is because of your interest in learning more about it. I think it is very natural for anyone to be interested on it and it is really tempting but as you have mentioned you have already learned your lesson, good for your you were given a chance to still have a stable job. No matter how great Bitcoin is, nothing should just make you do things with out further thinking about it first, do not let go of something that has proven value just because of a new thing that may have a potential, always be on the safe side especially if you are the one providing for your family, be wise and smart on every actions you take, it will affect the entire family not just yours.

Personally, I prefer to teach my children to have a businessman mentality, it is ok to start as an employee, learn, earn and save so that in time you will be able to have a bsuiness of your own, follow your passion and start a business about it. No one should be a slave of their bosses or your family's business if you don't want to. Find your passion and start a business from there. As the saying goes, you will not work another day in your life if you love what you are doing.

Well I don't think so. I still think that Bitcoin is still the most profitable and the fastest moving coins there is out there. There are a few alt coins that are doing good, but hey that is not even close to Bitcoin, they still need to prove their worth some more, just like Bitcoin did, it worked and earned for whereever and whatever it is right now.

A lot of people are skeptical about Bitcoin, more often than not they recognized Bitcoin from the news being a ponzi scheme, a scam, or just a false quick to riches money scheme. You cannot blame them because that is what the media is feeding them, this is the black propaganda against Bitcoin, they want it to look bad, so people will stay away from it. That is their strategy to destruct Bitcoin since it is a threat to banks, big corporations and governments.

I understand that a big chunk of Bitcoin users and investors are young people. Most likely because Bitcoin is all about technology, these youngsters are really into it. Good for them, they are already investing for their bright future as such a young age.

No way, Bitcoin is not dead or dying. It is way far from dying, yes there are dips but then it is just normal for markets to have rise and fall. The community is still growing, I still believe that Bitcoin has a bright future ahead of us all. So just stay calm and don't lose hope. Bitcoin price will soon rise again and be back on track.

For me the best way to help in improving our community is to spreading of the good news, meaning your own stories, your struggles, success and lessons, that way it will be more real, personalized and relatable. We have to encourage them, ignite their interests as to why they need to know more about Bitcoin, what's in it for them, what are the challenges, especially for the newbies, they need to avaoid letting the FUDs in. We need to let them know all the things we had to overcome, all the lessons and mistakes as well, everything the good and the bad so that once they decide to join the community, they will be better than us, that is a good thing to all of us, good thing to improve our community.

All investments are risky. And I also agree that investment in Bitcoin is much riskier than just investing in your banks. On banks, you have a safety net that, there are still risks but just mitigated since there is a certain percentage of growth annually, you also have a financial adviser since you are investing through your bank. For Bitcoin, you should be able to equip yourself with the knowledge and skills sets necessary for you to be able to manage your investments, the risks are much higher but once you get your returns they are much bigger as well.

Well personally, I landed a job in crypto currency through this forum. I started here and work my way up to have a junior member level so I can be able to apply for some signature campaigns here. I earn some tokens every after the campaign period. These token are convertible to Bitcoins, so from there I was able to get some coins that I use for some trading and after a while now for investment.

Well just in my humble opinion, I still can see a bright future for Bitcoin in the coming years, even in the coming decades. I know that it is still on its early stages and a technology as great as this, would really take time to flourish but once it did, it will just continue to amaze anyone that sets eyes on it.

Well for me, every time the price is down is the best time to get in and buy more and more coins. This will allow you to be able to gather and hold more coins so that in time, once the price goes up, you can sell and have better profit gains. This is a basic investment strategy, so whenever we are experiencing some dips, don't be sad, actually, be happy and buy coins, as many as you can for better profit in time.

My take on this is that, when you are in a Bitcoin investment or any investment for that matter, I would really suggest for you to have a separate emergency funds, with this funds you will have a peace of mind that no matter what happens you have something that you can use, and it is also a smart move since you will not do anything that is not part of your course of actions for your investments, right? No need to sell even if the price is so down because you need money for school or for medical emergencies. When you have your separate emergency funds, you can avoid hassles like that.

I agree, gold and Bitcoin are both good investment assets since they are both very valuable, and has a lot of purposes too. Their value are increasing over time so they are best to be on HOLD for long term investments, surely you will be able to get good returns from them.

Well if Bitcoin is accepted and can be used in supermarkets, grocery stores, and all other establishments, that would be great. But so far from where I come from, it is hard to find a local shop or merchants that accepts Bitcoin. Maybe due ot its volatility that is why there are only few establishments, take note big establishments are taking it as a payment method.

I do not think that Bitcoin would disrupt the economy, on the other hand it actually provides people more ways to earn and gain money. Also I don't think that Bitcoin will cause inflation on any country because it is a deflationary currency, meaning it is contraction in the supply of circulated currency within an economy, so therefore it is indeed the opposite of inflation.

I believe it is not being talked about yet, we should be able to start incorporate and equip our next generations about this future of digital currency. Teaching and incorporating Bitcoin into Economic classes would be a great platform and avenue to do that, because it is a controlled environment so that they can be able to understand the basics and would not have a hard time once they use Bitcoin in the real world.