Hello,
Suppose I would expand my BTC portfolio to 10 or 15 BTC.....how would you store such a big amount of coins?
Ofcourse I would use a hardware wallet, but if I store them all on 1 wallet and I lose the wallet, or the house gets on fire and it burns, then I have lost those coins forever? Or are there still ways to get to the coins somehow in that case?
Would you advise to store let's say 15 BTC on 3 different hardware wallets (5BTC each), or would you spread it out even more? Ofcourse I'm not gonna buy more than max. 3 hardware wallets but in that case maybe 15 different laptop wallets (Electrum, Jaxx, Exodus etc.) with 1BTC each on it is safer?
I'm looking for the safest way to store a big amount of BTC and to minimize the risks of losing a big amount.
Store in your personal wallet. And keep your private key in a secret folder so no one knows it. For safer you can save in Wallet ledger. Because the hardware wallet is very secure. |
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Not, although bitcoin can facilitate the transactions of many people. But I believe Bitcoins will also perish, because gold is a real future. But, Bitcoin is also better to use now.
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I guess this is, good thing because with the turbuling rumor about Satosi Nakamoto the bitcoin will have a lot of adoption than before. And likely Bitcoin will be able to reach the new ATH. Like 2017 yesterday.
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Actually I'm in a confusion with the fact that Bitcoin's value will be reduced or increased. Bitcoin was worth 8500 USD a few days ago, which has now fallen to a low of 7800 USD. But many are hopeful that this will increase the price of Bitcoin at the end of June. What's your opinion?
If you ask about Bitcoin transaction fee has transaction fee of range 0.001 BTC, but if you ask about Bitcoin price now there in the range of 7k $ to 8k $ still not find Sideway point. |
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very big, with regulate from government bitcoin will make easy get trust to people in many contry so, if government will announcement bitcoin are legal., bitcoin price will grow up
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for make easy transactions, many people saving fee , because with cryptocurrency have low cost for fee transactions, and many other advatages.
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Obviously Bitcoin trading is better, and Bitcoin trading is a different P2P transaction with Fiat trading which has margins as well as laverge to benefit and has a huge risk. Bitcoin trading is a recommendation.
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not! i am not follow my feeling but, i will follow my pridict. i sure, feeling just make your gambling in trading. But, if you, want to use analyzes you can have potential get profit
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With so much speculation surrounding Bitcoin, its worth evaluating what you can buy and transact with in Bitcoin for regular, everyday transactions as well as some more fringe use cases. SO WHAT WE CAN BUY WITH BITCOIN IHEARS TRAVELS BUT THERE IS OTHER PRODUCT CAN BUY IT  ? many coin you can buy, like ethereum, litecoin, and other cryptocurreny. you can select which cryptocurrency you want, you can to buy it with bitcoin |
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For any one that started buying crypto at 18k. U still need to continue buying crypto. Don't stop until it hits 18k again. These last 7 months of the year will continue to have big gains. Your not too late if your forgotten what it's all about. Crypto gains will be massive at the end of the year. All it takes is 10 days for massive gains. And we got 7 months left. Think about. This is my opinion. Very speculative of course. But don't let this slip ur mind.
This is the best month to come in, and I am sure, this is enough to come back and invest |
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if drops, i will stressful but, if moon i will happy  , nobody know when you trade, where price are cooming, so you must have knowledge about many indicator, |
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As Bitcoin is once again at the $8,000+ level, there is a raging excitement and a big buzz in the marketplace on the King of Crypto. People are asking if this can be the start of the big bull run -- the big one to push Bitcoin beyond the $20,000 zone almost achieved in 2017.
With all the hypes and speculations surrounding Bitcoin, here are some bitcoin FACTS and why bitcoin enthusiast like myself love it, trust it, and just could not wait of what can be...
1. Bitcoin is money
2. Bitcoin is an asset
3. Bitcoin is a commodity
4. Bitcoin is a utility
5. Bitcoin is more valuable than gold and USD.
6. Bitcoin is the cheapest way to transfer money
7. Bitcoin is on it's way to being the world currency
8. Bitcoin provides solutions for people worldwide without bank accounts, who can't get bank accounts, or don't have access to banks in their region.
9. Bitcoin can be traded.
10. Bitcoin has IRA's, Futures, Mutual Funds, Credit, Loans
11. Bitcoin has a limited supply of only 21 million giving it serious value whereas 17,674,400 has already been mined.
12. Bitcoin has to be mined, the source of all bitcoin, and will go on for the next 120 years to 2140.
13. Bitcoin is the FIRST and leader of all the 2116 cryptocurrencies on the market as of 4/30/19 dominating at 54.6% of the market cap of $172.6 billion!
14. Bitcoin is accepted worldwide at hundreds of thousands of retailers to pay for goods and services from coffee and pizza to paying taxes, luxury vacations, cars, homes, boats, and more!
15. Bitcoin is predicted to be worth $100,000 per coin within the next 3 years and $250,000 within the next 5 years.
Now, among this list, which do you think is not true or will not come true?
at no.5 it's wrong. because gold is have strong fundamental and forever not change with many currency. gold is future. |
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it's wrong. I sure, bitcoin is good currency. in previous time, many people use bitcoin for IIlegal transactions like, deep web or dark web. But, now bitcoin can be invesment methode, like, ICO, STO, IEO, etc. so, bitcoin not nerd money  |
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you right. take time for bitcoin grow up price up to 9k$ and it's need risk if you want to entry when bitcoin not stable or sideway. so, you must have knowledge about predict analyzes.
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not bro. i am always share signal for my trade. but for now. situations it not. because it's bear market
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I know a lot of people who quitted their day job to trade in the cryptocurrency market.
But it was when the market was good.
In this bear market, they're struggling very hard to survive.
So I think the best way to invest is this :
Have a side job, cut down your expenses, then invest 10-20% of your monthly income in the market.This way you never have to worry about gain and loss and surely you have higher chance of getting rich because the market will recover in the long run!
. you right, ithink also. Trading is not main job. but trading is side job. trading is nobody know when you will get profit or when you loss. so, if you survive with trading i think it's wrong. because if you only trade for survive your live i sure you cannot. |
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I was impressed by some of the stories and wanted to do day trading but that quickly turned into a stressful, full time job.
I mean reading all the news, following troll-boxes, some communities, discords and all that crap.
Reading dev's tweets, creating a whole database of information sources to check, etc.
Maybe I went over the board with this but short time windows between the news and market reaction plus potential for high returns...
It quickly gets addictive. I think it relates a lot to the thrill of gambling addiction.
Anyway, when I relaxed and started making less trades and kept my positions longer - I actually learned more about the market.
With much less research (mostly the coin, team behind it, future changes, their marketing potential, etc.) I could do pretty accurate predictions.
I was sitting on a coin for weeks or even months, without stressing out.
What's your experience?
i am have favorit in scalpers style , with scalpers i can make hit till 10X small profit, and it faster but this strategy not recomended for newbie trades, because, scalpers have high risk if you entry with scalpers style |
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