I am just a newbie in cryptocurrency but this is one of the reason why I invested in Bitcoin. Investors trusts Bitcoin and as long as people are not selling the only thing that will happen is prices will rise more.
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If your wallet has been hacked basically you cannot do anything, Bitcoin transactions are irreversible. But just in case you need to change wallet just to be safe because you might be a victim of phising.
You don't need to be scared but you need to be vigilant specially if you have a lot of coins on your wallet.
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Value of Bitcoin will be $0 if everyone do it. Is it possible to happen of course it is highly unlikely. If it did happen then I think everything in crypto currency market will be valued as $0 as well.
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100 years is a very long time. With global warming and nuclear war threat I think there is a possibility that Bitcoin or actually the world as we know it may not exist.
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As a fellow crypto newbie i have invested on both bitcoin and ethereum.
why? Both of them will definetly more expensive in the future.
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This is a good project but i hope you include dota 2. I know this is not easy since sony is a big companu but is there any possibility that ps4 games can be included.
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Regulation on a certain market is actually a good thing, it will help people understand what cryptocurrency is. Also with regulation it also suggest of legitimization of the cryptocurrency market. There are always Pro's and Con's but if we really want cryptocurrency market to succeed we need to face the reality that government will try to regulate it.
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Should we invest in altcoins?and why?which is better altcoins or equity shares?
Preferably before you invest in altcoins, you should first see which altcoins are potentially. but you should invest on bitcoin alone because of the risk of losing very little I think. Bitcoin, Altcoin or any type of investment there are always risk nothing is guaranteed. Investing in altcoin is like investing in penny stocks you need to do your research, there are a lot of coins in the market that has huge potential. If you like to earn a huge profit then buy altcoin.
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If people think Bitcoin is gambling then it is like saying FIAT is gambling. FIAT depreciate and appreciate daily, it happens everyday. I understand that when you buy bitcoin there are risks involve but everything has risks. All investment has risk whatever type of investment you invest in.
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Bitcoins value appreciate every year. Every year its value are getting higher and higher unlike FIAT the value depreciates every year. Inflation on every country in the world especially in third world country are getting higher and higher.
Also Bitcoin are recognized all over the world you do not need to convert it or anything although it is not yet widely accepted i know that this will change in the future.
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I started trading with .10, bought botcoins with a local seller then registered with bitfinex. Right now i have winning trades and hopefully this will continue. I think it is worth it since trading in crypto is very rewarding.
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As a newbie yes we are late because we could have bought bitcoin when it was less than a dollar, but it does not mean that we cannot earn profit. We can still earn some profit since botcoin price will still rise in the future.
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probably hodl longer - will only continue to rise
I agree especially if he do not want to risk losing his/her bitcoins by investing it in HYIP. Your friend can also trade 1 bitcoin since your friend has 45 he/she can risk a bitcoin to earn more but your friemd should umderstand how trading works. This is correct holding your bitcoin is like investing i am sure that bitcoin price will rise more in the future. We can say that your friend ia really lucky having 45 bitcoin, thats a lot of money and holding it for a few more years can make him a millionaire.
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Not everyone know and understand how blockchain technology works, for them it is just a bunch of numbers in a computer. There are also people who just do not trust crypto currency. I really think that more and more people will understand what crypto currency is in the future.
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I am invested in both but i think gold is less riskier than bitcoin. Gold is univesally accepted as a form of imvestment and as an asset however bitcoin is still an outlier not all are convinced that bitcoin is real. Many big names are mentioning that bitcoin is just a bubble that will pop anytime soon.
At the end it will still depend on the risk you are willing to take.
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For me if you want make real money do trading. This is much riskier than buying and hold but you know what they say high risk high reward. If you are not into trading you can also do tasks or work and accept bitcoin or altcoin as a payment.
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Relaxing while you are trading is easier said than done but it is correct, panicking when seeing price going down will make you illogical and make you sell your position.
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In a way yes because they like to maximize their profit and who does'nt like that.
If everyone hold their coin and just be greedy i think it will make the price more higher.
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Its Price recover right away that really impress me. If Bitcoin price fall after a few days the price will bounce back immediately. Also the inventor although we really do not know who Satoshi is.
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Goals for 2018 to be have more profit. I need to invest more in crypto currency.
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