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Even the blind can see that crypto Currency is making people millionaires all over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
It will not be too late to buy bitcoin. But not now, now is not the time to buy bitcoin. Buy now you will not get high profits. It will continue to grow in the future |
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As I know Japanese start accepting bitcoin on early April by their goverment so that cause bitcoin demand getting higher recently.
Bitcoin value is adjusting their demand. But in other side, I'm fear what if another whale trader/investor are behind the scene of this bitcoin enhancement which will cause dump at the end ...
I think bitcoin is in transition. Its value could increase sharply in the future. Countries have already begun to accept bitcoin as Japanese |
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With transaction costs rising above $1 the original promise of cheap remittance using Bitcoin is officially dead. Without utility Bitcoin use is limited to speculation only and even further what is there to speculate about?
I would like to debate this and gauge the community's response to Bitcoin experiment.
I also agree with you. I lost a lot of transaction fees. Bitcoin utility is losing. Make money from bitcoin you do not have to pay taxes. But in fact you lose a similar charge to the tax |
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These statistics may not be accurate. People can fake sex. In my opinion, the proportion of men is still higher than that of women
I think men are more accessible to bitcoins than women. I'm not talking about intelligence, but the level of understanding, access to technology of men better than women. Women are quite passive in many things.
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What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
I think you should keep the bitcoin, do not need to buy more but you should not sell all the bitscoin you have. If you feel unsafe, you should divide your bitcoin into two parts. The first part you sold out, the rest you should keep waiting through August 1st. I am sure after August 1st bitcoin will rise in price. |
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I am wondering what provisions have you all made in case you die before cashing out your bitcoins? I am single, live alone and both my parents are deceased. My siblings dont care about any of this, however I would like my nieces and nephews to get some of my profits but they are still very young right now. I dont trust lawyers to give them my private keys. I am wondering, what can I do?
It's pretty early to think of death. why do'nt you get married? You will have children The money you earn will be legally inherited by your children without fear of anything. If you are not married, you should make an estate divorce for your grandchild. When you die, the property will be theirs |
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If Bitcoin goes up very high should i buy a house?
Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
I think you should buy a house. Buying a home requires a lot of money, if the bitcoin goes up the price you should sell to buy. The purpose of your investment in bitcoin is to earn a high profit, which is needed to spend on big money |
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What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?
At the beginning, you will face many difficulties. You have to work hard to grasp the good opportunities. In addition, you need stable capital for long-term investment when you can develop a stable business |
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
Many people have become rich from bitcoin. They have become millionaires, just maintaining a stable level of investment, they are still rich |
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When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
As you say, now is the best time to buy bitcoin. The time of sale of all of us can not be predicted accurately. But now is not the time to sell. We should sell when bitcoin prices rise and we get a profit |
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After knowing the bitcoin I had pretty much intended for my future. Bitcoin is quite useful, it brings me income. I intend to make long-term investment in it
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Actualy it's not going down, the price is moving around 2400-2500$ for a while now. But you have to know that stability is not one of characteristics of Bitcoin price but volatility. So constant changes and corrections of price caused by market factors are normal.
Since you don't know this facts you are probably new in Bitcoin but you will learn with time.
Thank you for this information. Now I can safely invest in long-term bitcoin |
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I think it is not the most powerful currency in the world right now. But in the future it may become the strongest currency. Bitcoin can beat the US dollar and other currencies, even dominating the stock market
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I think a few years ago was a pretty good time to buy bitcoin. A few years ago, when investing in bitcoin, we now have a high profit.
According to me now is the right time to buy bitcoin. But you have to spend money on long term investment
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Is bitcoin going to last long? Will it continue to rise?
It is difficult to predict accurately. The bitcoin that exists is highly dependent on us. Demand for supply and demand determines its viability. If at any time people stop buying and selling bitcoin series, surely the price of bitcoin will drop dramatically. This is the time when bitcoin will die
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
For me, bitcoin is a form of money storage. It also serves to pay for expenses that can be exchanged with bitcoin |
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Games are the best way to teach kids about bitcoins. Through which they are more exposed to bitcoin.
I think it's pretty early to teach kids about bitcoin. Before teaching them about bitcoin they must learn to use the money. Bitcoin is related to the world economy, I think finding it suitable at a larger age
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In my opinion, we should buy bitcoin right now, do not wait until August 1. If you can wait you will be sorry for the profit if you invest now. There will be many risks when investing, but if you do not take risks you can not get rich
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I have pretty much intended for bitcoin. First I hoard so much bitcoin from the service. Extract your investment to buy bitcoin. In the next few years bitcoin prices will likely increase. I hope to make a big profit.
In addition, I also spend it for some expenses in life
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If i have a lot of bitcoin i still save bitcoin. The price of bitcoin may increase in the future. I invested in it with a big profit. Besides saving me spending a small sum on spending
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