In my opinion, the best thing to do when bitcoin is gradually falling is simply to hold, but if the price of bitcoin already reached your target price or value then I think that is the time when you have to sell some of your holdings, I think it is not a bad idea to sell bitcoin, it is a part of a strategy, and it is never wrong if you have already reached tour goal. |
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http://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.htmlHave you heard of the story of a 12 year old kid who wagered with his mom that if he will be a millionaire at age 18 he will not go to college. To his mothers surprise he is now a millionaire and never went to college. His secret he bought bitcoin at 12$ with a 1000 $ gift from his grandmother. If we also dream of getting rich in the future it is now time to invest in bitcoins. Many said that we will be experiencing bubbles more often, that is true but we have survived it and still bitcoin keeps moving on. If we want to get rich invest in bitcoins today. The price of bitcoin today is at 2600$ and moving up but imagine its value 5 to 10 years from now. I actually do believe that bitcoin is definitely gonna make lots of people millionaires, we can see this happening everywhere now, people getting rich in an instant because they invested in bitcoin and in altcoins aswell. Now if there is someone who will tell people that investing in bitcoin will not give them anything, then they are lying, bitcoin is a very good investment and people in the cryptoworld knows it. |
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From an investment point of view, bitcoin is more about gold than it is about other currencies. That's because as an asset, bitcoin and gold have a lot in common. Both are limited to supply, both have functions to use, and many believe that, despite their large price fluctuations, they remain a good store of value. Compared to gold and currency investment returns in the past five years, the currency's performance is far better than the so-called precious metals, gold year loss than 6%, the currency of the annualized rate of return is 155%. These rich returns show that bitcoin has excited investors about the prospect of putting money into such a new asset class.
Compared with the gold standard, the value of the currency rising and proven performance, investors can be used to measure the investment of the world's leading digital currency future opportunity and risk indicators.
In my opinion, bitcoin has still a lot to go through to be considered as better than gold, old folks are totally ignoring bitcoin and lots of people are still to be taught about the cryptoworld, while gold has been dominating the world ever since, so I think its still gonna be a long way for bitcoin to be considered as better than gold. But, to investors who are very well informed, cryptocurrency is definitely the better choice for investment. |
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World government where the currency will threaten the value of the national currency. can you share with me how the future of Bitcoin and what will Bitcoin do in the future? one day Bitcoin be taken over by the world government for the circulation of this currency can be controlled? Why do you believe in Bitcoin, when this currency is not recognized by any government?
The wold government is filled with scary people that would never allow anything to hinder their way to power, now in my opinion, bitcoin or cryptocurrencies can be considered as threath or as a tool, knowing how these people think, and with the advantage which cryptocurrency holds, I think cryptocurrency would stay around even though some people in the government are against it. |
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I think its the other way around, in my country, the government is obviously manipulating the media about bitcoin and the crypto world, they are airing events where people are scammed using bitcoin, but they are not really telling the real deal about cryptocurrency. In my opinion, it is the government who are scared of cryptocurrency, I think the upcoming change brought by the crypto world is gonna be a very big one that the government doesn't know how to cope up.
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Just as the digital era, the photographic industry witnessed the bankruptcy of Kodak, the rise of online music, the disc has also been quickly eliminated, after the advent of bitcoin, the financial industry may also need to carry out major rectification. Will the bank disappear?
In my opinion, banks will always be there and it will be with people till the end of time, I think it would be better to ask if people would be putting in cryptos or paper money in those banks. Change is constant and change is happening quickly, when the time comes and cryptocurrency rules the world, I think banks will be there, one that could keep your cryptos secure and safe. |
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HI GUYS, right now we've seen that bitcoin is very unstable , many people said that it will be dead sooner ? how come ? i cant stop laughing when i heard humors like this. FIRST OF ALL bitcoin is the first digital virtual crytocurrency that introduce in market . SECOND ALL COINS DEPEND ON THE PRICE OF BTC . THIRD MANY PEOPLE CHANGE THEIR LIVES BECAUSE OF THIS. FOURTH IM EARNING MORE THAN YOU DO IN YOUR COMPANY. have a happy tuesdays everyone.
I think, bitcoin is gonna remain in the market forever, if not for a very very long time. People are saying that its gonna die sooner or later, I think those people have no background or idea on how cryptocurrency works most especially bitcoin. I believe in what you are saying too that bitcoin actually do affect the value of altcoins, by the way, congratulations on your earnings man, keep it up. |
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Coins are dumping again. I know that we won't really know when will things go back to normal. I am still holding my coins and hoping that it will recover after this awful dip. I just want to know who else here are holding? Do any of you got tired of waiting and did a panic sell? I know some people who sold their coins at a lower price before. I held into my principles and kept waiting but it seems like things aren't going smooth. Any thoughts about this? Please respect my post. Thanks!
I think, this is a good chance to buy more coins, red means buying more at a good price, and having more coins means having more income or profit. For me, every trader should be taking this as an opportunity that comes not everyday, so buying and holding is gonna be my first action, when I think that I have enough, then that is the time to wait and hold. |
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I've been searching for ICOs for a few days and there seems to be many cases of scams and hacks which kinda scares me. Obviously, there is no 100% certainty which is going to be a successful one but is there any way to identify which ones are at least going in the right direction? The first one I looked at was Mossland's Whitepaper and they seemed good with solid community. Or should I just buy BTC or ETH? Any suggestions and ideas would be very helpful!
In my opinion, it is one of the best ways in making big earninhgs today, you just have to be careful and research about the team, the team will tell it all, whatever happens in the project, whether it is a success or a failure depends on the team, so take a good time, knowing the team and the whole project. If you are not sure, investing in eth and bit coin is a safe way to invest your money as well, but remember that everything is risky here on the crypto world. |
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Prices are low and it is presenting a good opportunity ... are you excited about the situation? how do you exploit the retracement to your advantage?
Some investors are worried, but many of us are doing great business and will continue to do so in the coming days.
Which of the purchases of these days made you happier? did you do it on new products (new to you) or did you recover something that you missed in the past?
What are you keeping an eye on and hope to take during the next days?
Acually, this is an opportunity that every trader must take, I believe that now is the right time to be buying and investing in altcoins, now that the prices are low, more coins are there waiting for you to buy them, and the more coins youve got, the more profit you can make, that is an opportunity that I think no trader is gonna let pass through. |
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Lots of coins are coming in every month. But I can't know which coin will good in future, Always I face problem with my confusion. So, is there anyway to know which coins are good?
Thank You
In an ICO, there is this paper that you can read, it tells you what their coin is about, from there, you can have a preview of how the coin will work and if its gonna be something that people is actually gonna take interest with. One more thing to look for is their team, once the team is good, it is actually a sign that the project is in good hands, no matter what happens they are gonna do their best in keeping the coin work. |
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Ive been doing bounties around for a while now, and I really see bounty hunters just rushing to sell their tokens, and they end up very happy because they earned money that they have never earned in their day jobs, but that happiness is just for a while, because the ones that really makes it big, are the ones that are holding their tokens, lets say they hold thier tokens even for a year, the value of the coins that where sold by the weakhands was nothing compared to the value of those who held on to their tokens. The weakhands sold theirs at the price of $0.00025, while the ones who holds, sold theirs at $50 worth at the same amount of token.
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Hi,
i am newbi so i am late or not to cryptocurrency field?
if train is gone? -Thank you
In my opinion there is no such thing as late or too early in this kind of field, its just that you found this later than the other guys, but that doesn't mean that they are ahead of you. Some people in the crypto world entered this field years ago, but what they know about the crypto world is just as much as everyone else. The crypto world is not that hard to understand that is why many people are being drawn to it. |
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I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin
For me, I really take time to research about the team and the purpose of the coin, what is the coin about, is it gonna be a hit to people, cause once people find it useful and they see their advantages upon buying the coin, definitely its gonna be a great hit and its time for you to invest in it. Having a great team really tells if the coin is gonna be something, so take time studying and knowing about the team. |
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Actually, I can see why you said that, you can see in their telegram group if their campaign is actually doing well, not only by the perspective of the developers or their team, but also in what other investors and believers are thinking, so in a way we are really having a great insight if the project is doing well or not, but its not a hundred percent accurate, well actually, nothing is, so its better to just keep in touch with project and support the team. |
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wow, this is good information, there are lots of people around the world that are looking for online jobs, and what you gave them, including me, is another option that will be very useful and helpful for us. Now I just roam around this forum, looking for something that could give me income, I can say that I am very happy and satisfied with what I am earning now but thanks for the information, the more options, the better. |
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If one were to buy and hold solid avaerge coins (not a coin that kicks out and gets 10000% gain), but rather a nice steady gain like eth, Ltc etc (top 20) and starts with 10k, is it possible to reach a million without trading and buying/selling at highs and lows? If so, how long would you predict it would take? Or are most coins not going to last long term, so every 6 months would I have to rebalance with newer coins?
I think, it is very much possible depending on the flow of crypto users. We can never say how long it would take but definitely it would reach whatever amount it is that you want. Of course the quality of the coin you are holding affects the time frame greatly so I guess risking in some coins which are very volatile can be put in consideration. But, it is possible to reach the amount that you want if you hold your coins and wait till it gives you the target amount that you want. |
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"Regardless, just because South Korea, China, the US and other countries can crush Bitcoin by issuing new regulations and influencing cryptocurrency prices, it doesn’t mean they can kill it". The above quote is from the research information I got when I was trying to find out why world government is fighting crypto. Please read the full text here: https://www.ccn.com/fighting-bitcoin-cryptocurrency-trading-threat-government-policies/ and make your own contributions. It will help cool the nerves from the crypto dip we are experiencing recently. Happy reading. Thanks I think if the world government will agree to stop the use of cryptocurrency then they could, but that is if they all agree to it, and I think that is the impossible thing here, for every government in the world to agree to one conclusion without anybody disagreeing. so for me, I believe government can only ban in their crypto currency in their own country or state but they can never stop crypto currency world wide. |
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For me, is one of the this is of the coin is one of the strongest cryptocurrency that we could find in the market, so I still support it, and I will never let it off my list. Same as , bit coin, this coin also has lots of investors and users, that will make it a very stable coin compared to other coins, the good thing is that, it also increases its rate in a more stable rate, not rapidly but steadily.
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For me, I usually set a percentage of profit to reach, when I reached that percent of gain then that is the time sell some of my profit and buy me some new promising coins. It is also the time to get my investments back and put it to other use, it could be in the crypto world or out side of it. This way I never lose money inside the crypto world or not.
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