i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
Well all depends on who you ask this question because both of them are good way of making money but to me trading Bitcoin is more or less better and less expensive as compared mining Bitcoin as one need to buy all the necessary equipment for mining. |
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No doubt the two crypto currency exchange company you mentioned above are and i have been using them for long time though there are other good once out there that one can trade all types of crypto currency on their exchange.
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Now bitcoin and eth price is increasing.Is it right time to sell my eth as the price is a bit pump or I just hold it for further increase.Please give help me by giving your opinions.
Well, all depends on the time you bought your Bitcoin and and ethereum, if you that you have made enough profit from your investment then go ahead and sell but you think that you have not made enough profit from your investment why don't you hold for a while pending when its value appreciate before you sell. |
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Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins your opinion is highly appreciated.  Bitcoin is a popular crypto currency no doubt and i don't believe that Bitcoin will ever dies and if eventually dies it will be really difficult for altcoins to survive since many of them has a different term and technology. |
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A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
The current decline in the market value of Bitcoin is really a sign that the markup is not valid is one has to analyse based on technical aspect of the market. Well, i don't see as very bad though because it creates an avenue for people to invest in Bitcoin at the cheaper rate. |
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As we all know,bitcoin is the most famous in digital virtual currency.
with the effect of national policy,bitcoin is hurt.
Change the angle,if the bitcoin is banned,who can replace,even do better than it?
Do you have the suitable choice in your heart?
Just tell us!
Well, i like Bitcoin and at the same time ethereum which i believe is my alternative to Bitcoin should in case one is choose any other over Bitcoin. Although There are other good altcoins that has greater future ahead just like ethereum but if am to choose one alternative i will still prefer ethereum over others. |
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You have mentioned valid factors that affects Bitcoin both positively and negatively and in addition i add that all the mentioned boil down to the fources of demand and supply of Bitcoin in the circulation.
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There are so many factors that are responsible for the decrease and increase in the value of crypto currency. Some time it could as a result of the fources of demand and supply and on the other hand, it could be that when Bitcoin which happen to be the market mover decreases in value such move will definitely affect other altcoins negatively.
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Well is a nice speculation that one need to in making before placing a buy order although one equally need to take into consideration fundamental issues that may likely occurs before making a decision.
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I will advise you to research very well on your own before you make your investment decision on which altcoins to invest your money as many who have reply here are mainly recommending those coins that they are currently promoting.
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Well this is what the insightful Tone Vays claims...
He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.
So l guess we should all sell our Alts now!
I strongly believe that the perception of the above quote could be as a result of the lost he or she must have suffered while trading altcoins if not, i don't think the above mentioned altcoins are coins the has good and great future in time to come. Selling all altcoins shouldn't be as a result of the someone else believe that that they are shit coins but should be on the fact that you have made profit from your investment. |
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There is a strong relationship between Bitcoin and other alternative crypto currency which could be discribe in the following manner. When Bitcoin value appreciate since it happen to be the market mover in the crypto currency community all other altcoins turn positive or appreciate in value.
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I'm newbie in this sphere and I want to earn crypto the best way possible. I think that waiting for the earning from bounty and airdrops has no reason and ICO developers get the most of money. I've heard a lot about MyWish and its offer for non-tech ppl to create ICO but I'm afraid that I won't can do it, what do you think? If your aim is to make money from ICO and not to solve a particular problem then in doing that you will your investors will make profit from thei investment and possibly yourself. But because you can make enough money from signature campaign and airdrop if that is the reason why you want create an ICO then ready for court case. |
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Right now I love bitcoin from 2106 till now and currently I'm in college but by playing bitcoin I can make a lot of money what should I do? I prefer to play bitcoin instead of college. I also realize that bitcoin will not last forever therefore I want to take advantage when bitcoin still exists.
There is nothing like playing with Bitcoin is either you are trading Bitcoin or use it for gambling depending on what you meant playing with Bitcoin. Although what ever you thought of doing with Bitcoin can be done could be done simultaneously along side studying in the college |
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I myself am a speculator ant what people know me for and despite the fact that i am what i am today i do read speculation from other experts here in this forum and article published on bitcoinnet.com site.
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Well, there are many source in which one can get information about Bitcoin and particularly crypto currency in general and most regular site which i use is Twitter.
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A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.
Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.
Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.
Trading crypto currency without a good knowledge of trading is not far from gambling because trading required good knowledge of what trading crypto is all about than to gable with your money. |
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The rational thing to do is to keep holding the once in your wallets, buy more in addition to your portfolio as there is always a tendency that its value its value will appreciate within a short period of time. And i don't believe selling in the time when prices of coins are down is rational.
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