We can help it by promoting bitcoin in our country or teach other persons who have no knowledge about bitcoin. Encourage them to be part of bitcoin industry and discuss the importance of bitcoin in our daily needs.
Yeah it will be the best way to make bitcoin famous because people of our country are needed to get educated so that we will be able to discuss about bitcoin, more people will know about bitcoin and price of bitcoin will rise so high. It will take time to tell people about bitcoin one by one so if we will use social media and TV to advertise bitcoin then it will spread worldwide in very short time with small effort.
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2018 will be a successful year for bitcoin. At present there are many people who know bitcoin and participate in the electronic money market to make a profit. As far as I know, in my country there are up to 15% of people involved in the electronic money market (our country bans bitcoin). This is a very good signal from countries that are banned bitcoin. I hope that all countries in the world will accept bitcoin and develop them.
It is not good to lose the hope mate! Just wait and watch price will start rising again and once it start increasing then it will never stop growing, in start price of bitcoin was low so people bought a lot of bitcoin so now it is again an opportunity to buy as much you can buy and hold for long time so you will be most lucky person at the end of 2018, as price is going to shock the world once again.
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How to spread awareness of Bitcoin in a way so that old people start to use more bitcoin?
The thing is bitcoin is dependent on computer and technology, the things that old people are having a hard time using. This will be a hindrance for them to progress or to even start any bitcoin activity. Still, I do believe that everything can be learned and if they are willing, they could learn it as well. I don’t think so because now at my home my all oldies are really talented because they knows how to use new technologies and new currencies, one of my uncle he is totally aware of crypto currency and he told me this that I also should start using bitcoin as side source of income. In bitcoin most of us use our knowledge and information not age, so people of any age can use bitcoin if they have small knowledge about bitcoin.
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I think now is the time to buy more. Everyone is panicking and afraid. As a real investor, we should take the opportunity to buy and wait for it to show off in 2018.
It will be profitable yeah it is the time to buy more and more bitcoin because price of bitcoin is not so high, very small amount of people are there who are aware to know about bitcoin price, they use to buy at high price then suffer lose. Still some people are saying that bitcoin will increase in price once again. 2018 will the year of crypto currency and in this year bitcoin will break all of the previous records of high price.
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Usually not because valentine's does not have any effect about using a bitcoin it cannot change the value of the money just for valentine.
Will it be the same? I think it will increase in price because people will use bitcoin to buy gifts and other thing for their love ones so this way price of bitcoin is expected to increase. Bitcoin use to increase most of the time in some of occasions, but this is really special because people who truly love someone will buy big gifts and bitcoin is best source for it, which will be available in online shopping services.
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For me, it is not advisable if you will stop your work just for cryptocurrency. A lot of people are making this false move because they wanted to focus in cryptocurrency and leave their job. If we are newbie in cryptocurrency, try to make double time just to earn. Sacrifice first because someday you will earn your efforts.
Yes because now things are getting out of reach so if we will invest in bitcoin and on other hand will carry our real and regular job then we will be able to reach our daily needs, price of bitcoin is rising so it will be your extra income, and if you are willing to have good life as no one has then try to invest money in bitcoin, carry your job with it and use signature campaign as an online job too so you will be able to get triple benefit.
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It is one question that comes to the minds of people, who are not day traders, most often in one form or the other. Looking at the soaring value of a bitcoin people make and have made a 'general' investment in bitcoins. There are again others who invest for a particular purpose like their children's education or to buy a property for instance. But whenever the right opportunity comes and when they want to sell, they are hesitant. This may be out of greed that they may miss out on even greater profits.
A long term investment is to meet the long term need of life. Throughout life there are needs. Even after the person dies, it appears there are needs hence insurance has become important. In such a scenario people do make investments for bright and secured future of themselves and their family. And this is necessary.
When such an investment is made in bitcoins, there is a chance that bitcoins may in fact prove worthy of their expectations and soar to a value that the investor initially desired. At this juncture, the investor can sell the bitcoins and choose to fulfill his desire. But most times he is tempted not to sell looking at the growth of bitcoin.
If selling the bitcoins he has invested for this purpose was the only way to fulfill his purpose, the investor of the present times seem to have been caught in confusion as to whether sell or hold.
I believe long time holding can be done by those who invested with their money and have already established their financial status and it is really wise to hold it that long if it will really increase in price in the future. It is really a good thing if we invest with our free money that we can afford to not touch it for a very long time until it meets our expected price. But as we can see, the majority of traders cannot do this thing because of certain factor like needing to cash out for the daily needs and being impatient and does not have a strong foundation of belief about the coins he is holding. I think whether to hold bitcoin for a long time or to sell it to meet someone's need depends on their situations. If someone wants to earn more, they should hold their BTCs in long term investment, with this, they can be assured that they do have money for their future. But if someone needs money for some reason, they can sell their BTCs to the price they think is enough for them to earn more. Whether long term or short term, as long as you can earn profit and that profit satisfies you. I think any choice is wise and good.
Everybody wants profit and earn but the problem is that their financial capability cannot support the long term holding of their coins thus forcing them to sell their coins at a lost or when they run out of budget. Well I think a wise person will never sell bitcoin no matter what the circumstance will be. Price will be high but for this you will have to wait not to sell at all growth of bitcoin is all about time as much as time pass bitcoin power will be high. It is up to us that how we deal our bitcoin so if w will deal it wise as invest small but for long time and spare some amount of money of the need of your life so you will not have to sell it at any cost.
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I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.
I think you keep the bitcoin hold on. Although bitcoin Price is down now. But bitcoin Price crossed $ 19k 1 month ago. I believe that in the end of the year, bitcoin will be worth $ 30k.So, I think if you keep your bitcoin hold profit. Bitcoin will not stop growing even more than this, in 2017 price of bitcoin was high people were saying it will rise so high but with time it went down, now I am hopeful for bitcoin that someday bitcoin will become high currency because after decreasing bitcoin use to rise high. Investing in bitcoin is best thing it will help bitcoin to increase fast, now 2018 will be bitcoin year and we will be able to celebrate very high price of bitcoin.
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Can i anybody put me through the basics of knowing when to sell and when to hold?... I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
All I know from trading how to know when to sell is when I see the price has gone up or when I already get the benefits as I want, whereas I will hold if bitcoin price goes down or I want to get more profit That’s nice to know that people have become so trained now almost all people are suppose to hold bitcoin at time of low price, they knows it is time to hold and wait till it rise because panic selling is nothing but only lose. This forum is best place to tell us that when we have to sell and when to buy but most of the time it is good to sell at high price and again buy at time to low price to hold again and so on.
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Before we launch a big project we have to ask to some professionals to build a big project. If we launch a project without a professional the project will come out reject.
Yeah if our project will have some per investors who will allow it to rise and they will be agree to invest on it then it is true that our new project must get success; first I think it is important to know peoples need because make something worth demand then will be easier to convince people use it. As much as professionals concern them are good to consult before getting involved in something new projects.
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I just created this thread to gather opinions .. Ethereum is next to BTC?
I have thought, maybe ethereum will be able to beat the market price bitcoin but it may need a long time, as a comparison the price of both now very much. It will take time but not so much because now it is not hard to get all what we need as people got skills and knowledge for me bitcoin is really strong but yeah if the use will be less than now then maybe in future more currencies will also rise. We need to increase the use of bitcoin in our daily life as well so it will increase and grow the fame of bitcoin which will directly affect the price of bitcoin, it will rice more and more.
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If you are going to become a really rich person, then it is better to wait with the sale of bitcoin. Sooner or later the world community will be forced to legalize bitcoin. This becomes inevitable. The harder it is to extract bitcoin, the higher its cost. Good luck.
It will be possible if our government will take interest in bitcoin and they will allow it to become legal currency. legalization of bitcoin is one of the most important thing because it is all about bitcoin price and value that use to increase and decrease when bitcoin will be legal for sure people will sue bitcoin all the time instead of cash so bitcoin price and value will increase because of it so yeah it is really needed to be legal.
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The number of bitcoin is only 21 million, is that enough for the future? given the vision of bitcoin to become world currency?
what do you think of this?
for me it's not enough because i do not have a salary experience so i have to wait and increase my interest in bitcoin so i can help my family and our lives . It is really a great help for all people because bitcoin has ability to grow and increasing potential of bitcoin is something really amazing. It is not enough and it can never be enough for crypto currency power of bitcoin is going to rock the world. If a person invest in bitcoin get benefit so it is not enough no need to stop investing, invest get profit and then again invest so let this circle grow more and more.
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Well at the moment no one can predict the bitcoin price but I think buying bitcoin at time of crash with low price is really good and beneficial. At time of low price it is good to hold bitcoin and wait for bitcoin price to rise again for betterment of your future. Now everyone know price of bitcoin will be recovered very fast and it will not take more than a year so holding is the only gateway for success.
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Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.
ricseb
stop losing just the same you sell the coin you have, you should not do akrena if you sell the coin then you get the loss, you should save and hold the coin you have and believe the price will definitely come back up in the future or a few months which will come. For sure holding is best for all! most of people use to sell bitcoin at he ,id of trading and they do not show patience for bitcoin this way they sell at LOSS, price of bitcoin is increasing and trading is also now very common so no worries buy bitcoin trade but for long term not only day trading because day trading is not so profit worthy; it is your own benefit so work on it you will surely get profit instead of lose.
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Newbies should trade but only a few amount of their money because that is a good way for them to experience the market and have an idea on what to do in this kind of career because if they will just study without trying it then there studies will be just useless.
Yes trading is a very good idea but if you are a newbie you will definitely learn and make a training about trading and its tricks and tips it is very useful for you to earn more profits and if you don't have any experience in trading you will may loss your investment without profits. Trading is good but it has risk so you will have to be experienced and sharp minded so you will be able to trade much. you are right bitcoin trading has a lot of tricks and if you are aware of them you have command on bitcoin trading then you will become millionaires in future, it is not like it’s very slow bitcoin trading is fast way of making money but it has a lot of risk so if you are lucky enough to earn you will get huge profit from it.
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1. Do not remember electronic wallet password 2. Do not back up your wallet 3. Do not research new services 4. Buy and sell based on feelings 5. Leave your money in the electronic money floor
6. Waste time on faucets (we all did) 7. Collect dust and pay high fees on it 8. Leave coins in an exchange 9. Trust the wrong people and get scammed 10. Panic at a price correction I've done 4, 6, 7, 8, and 10. I also did "Panic Buy" which is not on the list. What I mean is buy after the price jumps up because you think you are going to miss out, then the price drops. I'm sure most of us have made a lot of mistakes in the past. The best thing is to learn from them and try to make the best of it going forward. And you can still make a profit even if you lose money on mistakes as long as you keep working on it. The panic buy is a pain in the ass I've definitely fallen for it once or twice. Always tends to be okay in the long run though. Number 4 and 10 are definitely the two that have gotten me. It takes time and they should understand it as you said; they lose patience and sell bitcoin so yeah it is huge mistake that most of the people use to do, they become impatient for fast and quick profit, some new users use to buy bitcoin but they are not much experience or they are new so they don’t wait for price to get a bit down buying high and selling low is one of the greatest mistake.
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Paying using Bitcoin (or other cryptocurrencies) can be really really stressful.This is the key question, because if we won’t use it, Bitcoin transactions are INSTANT, it's just confirmations that take time which shouldn't affect anything in a stable network environment.In order to transfer bitcoins into Fiat, you need to spend the same transaction as in the purchase of goods.
That’s true but now bitcoin transaction has become more fast because now almost every markets has the bitcoin service so you are right it is good to use for all kind of shopping it is even more easy and more reliable that we can buy all kind of things online and will not have to go out of home in this cold weather. Bitcoin conformation is not even take time it takes an hour or two so it is good to use to buy all kind of goods.
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naturally marketplace don't accept bitcoin on their permanent method. yep it's the problem for all of us, but as i know,,some of restaurant and shop are accept bitcoin.you can use bitcoin wallet on those shop The fact is that your desires are connected with minimizing your losses during transactions and exchanging Bitcoin for real money. You want to immediately buy products for Bitcoin, but in some cases it is also not profitable for a businessman to sell for Bitcoin if he is running a real business, not online. Maybe it will prove as a good idea because now bitcoin is very popular and people are using bitcoin as online payment service and along with shopping yeah bitcoin business will grow as fast as we want it to grow, Nothing is more important than having bitcoin with you. Now most of people buy bitcoin and they allow holding it instead of spending but buying goods online shopping is the source to buy some clothes and other thing but many are fake so be careful.
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Profit is the reward of taking risk. Experience comes after adhereing in trading for as more days as you can by proper research about trade and real work.
I believe we can learn how trading works amd need skills in earning method in bitcoin specially in trading can be learn by somebody. There are many strategies in trading some them are doing short term trading and others are doing long term trading or they hold a coin for long period of time because they will know the brighter future of those coin specially bitcoin. It is all about user that how he will use bitcoin if he is having money should trade for the long time and spare some money for the time of need so he will not have to sell bitcoin in case of emergency. Bitcoin trading takes a lot of time to increase and it is all about risk mate if you are lucky you can earn high but if you are not very lucky can get lose as well. Bitcoin is for investment most of the time not for trading but if we talk about trading then of course long time trading for huge benefit.
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