I think you should just wait for its price to go on a down thread again then start buying bitcoin. That way you could get more profit by buying bitcoin in a low price then just hold it till its price go up again. Unlike buying bitcoin while its on its up thred, the amount of bitcoin that you are gonna get is lesser than having bitcoin when buying while its price is low. So buy bitcoin when its price is low and hold when its price is high or you can sell your bitcoin aswell.
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For me there are both pros and con in choosing between offline and online wallet, everybody is saying that offline wallets are safer but I say, once you loose your keys your done! Unlike online wallets. The problem in online wallet is that its prone to hackers. So you can just choose whatever storage you prefer.
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What I like the most about bitcoin is that you can send it to anyone as long as they have their wallets, and the fun part of it is that you don't need to pay extra fees or go to banks and wait for a long time just to send or recieve the coin. One more thing is that investing on bitcoin is just so amazing and surprising! You can never tell how much profit you could get from bitcoin.
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The only one who can destroy bitcoin and the cryotoworld is the people itself. If no one would bother taking notice of bitcoin then it won't have any value at all. But if people are just very interested and are investing more and more, then no one and nothing can stop bitcoin and the cryptoworld from growing.
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Bitcoin and the cryptocommunity is still new and most people don't actually believe that this cryptocurrencies actually exist or if they have heard about it, its just too hard to understand specially by our old dudes. Most of them are so much invested in what they do today and what they earn today aswell as the currencies today, because they've been using these currencies for so long, that is why even though they can see the future, their eyes are fixed at the past.
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I don't think that it would be that easy, although I am in favor of using bitcoin as the world currency. I just think that there will just be to much problem that will rise, not only in the world government but with the cryotoworld aswell. But I think it would be much better if the world could have only one currency.
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When the price are falling it doesn't necessarily mean that your coins are going dump, patience and close observation is needed to know if your gonna get your coins or just let it sit for some more. Sometimes it takes more than a year to see your profit, same goes to when your coin is gonna dump.
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Putting all your coins in bitcoin is a safe way but do not forget or take out into consideration that there are also other coins that could make a boom in an instant, now that btc is having a bit of a lag when it comes to increase, I think it would be best to invest in alt coins aswell. You could gain big amount of profit if the coin which you invest in spiked just as the bitcoin did.
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A loss is a loss, I just let it be and say that its a loss for me. In investing and trading there are times where you just have to accept and go on with it because that is how the business go. Take time to review about what happened and take in whatever lesson you could take. Learn from your loss or mistake.
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I think only people who don't analyze or lacking in analysis are the ones who panics the most. A wise investor knows when to get in and out of the market, so they actually do not panic or if there are instances where they panic, its gonna be very seldom or maybe something out of hand really happened.
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For now I have no plans on selling my coins yet, I'm still waiting for the thread to go up and I'm still observing the market if the coin that I invest in will make profit, then if it shows good profit maybe I'm gonna sell about 50% or just the amount of which I have invested with. But for now, I have no plans of selling my coins yet.
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Bitcoin and other coins are better than our world currency today, the reasons listed above are just few of the reasons why cryotocurrencies are better than what we have today. I just can't wait for cyptocurrency to be the worlds currency.
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This is a very informative post, this is why many people are choosing bitcoin compared to other coins, but there are also coins that have potentials and I'm really interested in them too. Having said that, I will still go with bitcoin knowing that it is the most popular coin out there.
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Wow, this is the first time that I've read about short trading, it's time consuming but the profit is consistent. I think it's better to have a small consistent profit than larger ones that has more risk in it. Thank you for the information, I will continue to study this short trading.
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With the number of investors investing in bitcoin, we could really see that bitcoin just don't have a future but is the future of world currency. I believe that bitcoin will never go down that easily. Lets say that bitcoin fall, then definitely the cryptoworld would never fall down.
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If you wanna have a quick solution then you should go to gambling sites where you could win large amount of bitcoin in an instant, but the thing is that, its very risky and you might end up losing most if not all of your bitcoin. I think there is no easy way in increasing your coins but to put your effort and time to it.
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Knowing that there are lots of investors and large companies who are in to bitcoin, I think its gonna be hard for bitcoin to lose its value. We can say that bitcoin might go down a bit, but it will definitely make its way back and might be with a spike! Thinking that its gonna be christmas soon.
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I'm really looking forward to what I've read, that at this time of the year the price of bitcoin spiked!, I think that would definitely bring the christmas spirit to every bitcoiner on the planet. It's my first christmas knowing about bitcoin and I can feel that this christmas I will be buying lots of stuffs for my families and friends.
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I think billionaires reached their positions because they are not afraid of investing, one more thing is they are well aware of what is happening around them and in the world market, so I believe most of them, if not all, have already invested in bitcoin and atlcoins maybe way back at year 2010.
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I think teaching a child about bitcoin and cryptocurrency is just the same as teaching our kids the way we teach them about money or numbers and ABC. I think its not gonna be hard or any different from how our parents or teachers taught us. Maybe it would be better if we teach our children today about the cryptoworld.
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