Quit a full time or part time job, is not a right decision. The job is a job. We know the terrible time comes in cryptocurrency several times in a year. Your friend can do job and Bounty works together. But, if your friend's post isn't to work worthy, I mean works hard and got little money then he can leave his job to forsake Bounty. Bounty is a great and easy way to earn money nowadays. 100 Bounties in a week, sounds very hard to me. But if he can do it, then yes, your friend is a smart guy.
Yes it is not right to quit on your job to promote bounty campaigns. Even though bounties are more profitable than your permanent job but you can't trust sometimes to bounties because other are scam and delay of payments. At least you have your permanent job to sustain your financial needs. Always make a right decision to everything, think twice of what is right. Time management is more important to be more productive person. |
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I agree that now is the perfect time to buy bitcoin because the current price is cheaper than some time ago, sure and optimistic that the future of bitcoin will soon improve and we will soon get RoI.
Let us be observant with BTC from time to time. If their is a chance of buying do not hesitate to buy during dump or low prices. That is the best time to buy during low and wait for it's pumping price to sell it again and you will see a good profit. |
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Op. Good to know that you have realised that you use buy when the value of Bitcoin or the coins you trade is too high. I think that is the area you should work on, because the rule is to buy low and sell high or when the value appreciate.
Yes, the basic law or strategy of day trading is to buy low and sell it when there is a little rising of its price and that is the essence of day trading even if little profit but we do it continuously from time to time so profit will be granted after week end or monthly, but holding btc in a long time is more risky but when timing strike we also got a huge profit. |
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The market of cryptocurrencies is very not predictable, it was possible to be convinced of it more than once. Nobody knows that he happens to this market after a while. Very much it wouldn't be desirable that the scenario of January has repeated, but it is possible. But in my opinion the scenario of January is very little probable!
Yes, crypto market is always unpredictable and we have no assurance if when it will be going down and up again because it is very volatile, and this is the risk involve of crypto investment, so profits go within the risk taker people. |
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Anyhow we live in a country that's certainly without tax... the country will not advance and cannot support in terms of development and lack of sense of togetherness/caring for the country. Moreover basically the tax is from the people by the people and for the people, as well as in the crypto, though it is not legal yet.. I think it would be good if we set aside money to pay taxes after cashing it.
The only reason I see of why people pay taxes is because its a government mandated and not because people are patriot. Maybe if it is not mandatory some people will choose not to pay for it.It is an obligation as a citizen to be follow. Otherwise, paying taxes are for the good of my country. |
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if I think that makes a lot of successful traders because of his enormous hard work. by way of trading and investing, because with the focus of both the opportunity for success is very easy.
Gambler's is usually a risk taker and mostly they often have risk assessment and in trading the most important thing is to evaluate the risk prior everything, so I think gambler's are successful in investment and not in trading since they always have meeting the risk, and traders should always avoid that. To be successful in trading we should have skills and strategy with patience and able to understand market trends. |
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Crypto currency has a greater future no doubt and we have already seen it since the inseption of Bitcoin in 2009 ehen its value was below a dollar and now above $8,500 as at time of this post.
The reason why cryptocurrency is very profitable, its because of the volatility of the market and that is the reason why most of the traders in the market are investing a huge amount and waiting for its price to increase even more. Crypto currency has a good future, from the past years only few people know it but now continually increasing because people realize that crypto is a big opportunity to earn and a better place for investment. Due to the advancement of world's technology crypto has been a part of it in monetary system so it has a good future. |
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Absolutely blockchain will survive without bitcoin. We know that bitcoin is so popular and have the highest value on all cryptocerrency, but its not the only one crypto that will be use in blockchains. Bitcoin can be replace by other coins.
Certainly blockchain will survive because it is the system and bitcoin is only one of the product of blockchain, but obviously blockchain is now more popular because of bitcoin so they are both give and take benefits for each other. |
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I thought at first sight that you are asking how to make money from BitcoinCash, lol. But I believe bitcoin will not crash never
I think they are taking a about price crash that fallen price makes profit for us, as when you see price of bitcoin is down and you can get profit from it by buying at low price and hold it will give you money and profit. Buy at low price and hold till the end of this year. Bitcoin never remain at crash but it use to increase very often and then fall to give you opportunity that buy at dip and hold for rising so selling high is way to make profit from bitcoin crash. Yes, that's what bitcoin plays for us here in crypto. It is very volatile but then its volatility make sense for investors and traders for making profit and the time of value stagnant from its crashes then its long time to wait to make it profitable and my idea to earn money out of my bitcoin is i'm buying such my selected altcoins and make and trade it wisely to earn some little profit but I do it continuously. |
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At this time it is very difficult to understand the fraud or not. Even top managers can not always tell. But my opinion remains the same. You need to carefully study the team, the manager of the bounty, the purpose of the project and its idea. Well, in general, I believe that everything comes with experience.
Yes, to determine whether it is a scam is not an easy thing to identify but to minimize the risk of involving a scam project then its good to explore the projects background, team and its purpose on the society by reading all its link in the line. |
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An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
Economy here in my country is really good and keeps on raising since the president of japan here in my place is legalizing cryptocurrency so i think that everyone here in my country is living a very wealthy life. Yes bitcoin has introduced the new generation of millineries and it has changed the whole economy of a user’s, now in my country most of people are self-earner and it is only because they have bitcoin, using bitcoin as an investment is the best source of earning, more than before, people are job hobbies and there is almost no unemployment because those who don’t get a job at office got the chance to learn and start using bitcoin source of earning,. Lucky you are belong to a wealthy and have good economic status country because in our country we are striving hard to earn a living and employment is competition after finishing a selected course in college and that is the reason of why our people choose to work abroad because lots of graduate here still no job, but great thanks to crypto currency and bitcoin for giving such chance to earn more without working for a regular job. |
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About risk, it is riskier to invest in Bitcoin than it is in banks. Actually, if we think about it, it is almost risk free when we invest in banks. But when it comes to ROI, we definitely earn much more with Bitcoin or with other cryptocurrencies compared to banks. Banks only give a very very small interest on our investments. Which is why they are the ones who are getting rich, not the investors. Unlike with crypto, it's usually the other way around.
Talking about risk on crypto and bank investment is basically have different weight and with different gain, being decentralized system the crypto investment is prone in risk but basically always give higher opportunity in gaining profit compared to bank. Bank is more secure because it have a central control but only offer less percentage with fixed amount profit gain. |
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Actually, it depends on your own perception on what you feel could be the best coin would you like to invest. Each and everyone of us can't predict the possible value of coin, which it will depends on your luck that can be support by many users. Likewise, the other crypto currency in cyberworld which also depends the demand in the society and hopefully on what you choose could be a great amount of profit in the future.
Yes, all coins in the market are all unpredictable so we can't really predict whose going to be profitable with regards in our investment but as for me I would rather choose bitcoin for my investment because in terms of value bitcoin is obviously have the highest value and any minor positive changes in the market will give profit for every investors and its popularity makes bitcoin very volatile. |
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sometimes it's better to sell the asset because if it's dump too much, you will even lose more. in the other hand, after you sell your assets you can still buy back your assets and got more than when you sell it, i think it's more profitable than holding it. everyone has their opinion, but that's how i've been trading on crypto market.
Well, I think every one of us have different judgement and if you want to sell then anytime you can do it and nothing will stop you because that is your judgement too but obviously panic selling is a factor that contribute to the dump, panic selling always leads to loses because what we after of that is only to avoid totally lose of our asset. |
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Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
Maybe yes,. But for me everything will be learn. If you're an educated trader well its good for you. But from the people who don't know yet how to trade from their own, I know it will be able to learn something from that things. And I know will have more to improved our own self from that. For me being an educated trader must be consider to become a successful trader,but that doesn't mean educated is a graduate in any Bachelors degree or something.My point is you are educated on what is trading all about and you have experience what is trading.In this time you would actually determine what is the best thing to do to gain a big profit. |
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I think it can be both. Money because bitcoin is created to be a currency and to be a form investment and an asset. But this won't exist without faith. If you don't believe that bitcoin has the capacity to do these things then bitcoin cannot be a currency,an investment or even an asset.
You are right. It's just about time. Bitcoin is not effective if used as a means of payment at this time, especially as a micropayment, the reason is quite expensive fees and confirmation of transactions long enough, and not fully supported by the government in several countries. But, most likely bitcoin can be an alternative payment in the future. Bitcoin is money since we will buy them with our money and sell them to make money too, and faith is the foundation to make it stronger along the journey in crypto world. Our faith will determine our decision on dumping and selling our holdings. |
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crypto currencies rule over currency market and local currencies get disappear slowly in a decade or two?
This thing you had said would really be an impossible thing to happen. Cryptocurrencies might be highly adopted but it would just still remain as an alternative and wont really come to a point on where it would become the main trend. Government wont allow such thing and not all people will switch on a thing that hasn't being backed up by something.
Local currencies are one of the factors how we identify a country, and as what is has said above, it is impossible to happen that crypro currencies will replace the local currencies in the future. Nearly possible that crypto currencies are famous and used all over the world, but local currencies won't be gone. Certainly, real currency is the country's economic identifier because each country has different gross domestic product or GDP and different kind of trading that they have, that is why we have a central bank that are monitoring and control our money value. If crypto currencies will replaced our local currency then that is very hard to do. Bitcoin and real money are both needed in this world. |
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in the trade there must be advantages and disadvantages, but losses can be minimized in various ways, one of which controls the lust to not rush to sell the coins, because in trading emotions is very important.
There is no perfect trading because a huge risks is present. Yes loses can be reduced but ofcourse to lessen the risks of loses analyze always the situation. Be learned not to be greedy this should always be remember during trading. Yes, I agree that there is no perfect trading because there are more things to consider to have a best trading and this includes time, focus, self disciple and timing and I think to trade safely is to avoid greediness and sell only beyond your buying press and flat rate at exchanges should be consider prior trading. |
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Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
I think the market is currently shifting to a fairly regular decline in recent days. although the correction is small but very unstable. yes, I guess I still can not summarize what happened actually, I have not done any technical analysis research. but I think a small correction is common. Yes, it is still a sustainable decline if we look back from the previous years. Its falling but I think its a part of its volatility because there are more people are now engaging in crypto, so the more people who buy or sell on a particular coin then the more its impact on a market changes causing an abrupt falling or rising on its value. |
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Considering bitcoin investment as emergency money doesn't seem a bright idea because this will mean that once you need the money you should sell it a market value and sometimes it could be below your entry point.
The exit strategy is a long time movement because you must wait for the right price to convert your money into fiat so you won't be able to have access to your funds right away.
Emergency money should be in fiat.
yes it is true once I agree with you. cryptocurrency is not suitable for emergency funds. because emergency funding is needed suddenly while cryptocurrency is very volatile. and I think institutions like hospitals do not accept bitcoin as a means of payment. it may be the only hospital in the country that legalizes bitcoin that can accept bitcoin for payment No, I will disagree with you because I have already experience that I have being save by bitcoin those times that my wife is in the hospital and my insurance is not enough to pay my bill then I remembered that I have a portion of bitcoin stored on my exchanger account from my bounty campaign then I was made it into cash with our local wallet the coins.ph then it really saves my day, so bitcoin can save sometime on emergency purposes. |
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