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Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
Holding your asset for a long time is not being greedy. I think holding it is actually a smart move. You dont just sell your bitcoin as soon as possible. All holders of bitcoin has their own desired profit. They hold bitcoin because its value is still low and has not reach rhe profit that they want yet. The decision of when to sell their asset will always up to its owner. And these people that you call holders are just being careful of when to sell the amount they have. |
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How many times you heard some question ?
But the time goes by and I've been wondering if it really what a BTC today really is.
As we discuss here in the forum everyday, the main reason for BTC not to be taken seriously as digital money like it was invented are:
- its fee cost for lower transaction
- delay and time of the transaction to be approved
- its price that change constantly up
- it's not designed to accept so many transactions
What do you think ?
Do you hold like you holding the gol a decade ago ?
I dont think that bitcoin is the new gold. Although both of them holds a high value which is good in making profits, they differ alot from each other. Each of the two has its own market, a reason why you just cant compare the two. Gold is a physical object while bitcoin is a digital thing. Both has a good value and an ideal investment. |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Keeping your bitcoin safely is very important. There different wallets available that I think is reliable when it comes to keeping your coins. There are also hardware wallets like ledger or trezor where you can keep your bitcoins in your hands. No one can access your account as long as this hardware is not plugged in. Any wallets will do, its just a matter of keeping your account properly and having extra careful when logging into different websites. |
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if you have the benefits from bitcoin? you can promote bitcoin in many ways.
-By explaining bitcoin to others, spread the word about bitcoin and take note you must learn more about bitcoin to do this.
-If you have skills in blogging, design, video and photo editing, web design, etc. Create something different out of your skills to promote bitcoin.
-If you have business establishment try to experiment to accept bitcoin currency.
if you have any idea how to promote bitcoins just share here.
There are so many ways too promote bitcoin to those who haven't tried it yet. And I think all the things that you've mentioned is actually effective. The best way to promote something is by recommending it to your friends and family members, people will more likely believe if someone close to them recommend something. Seminars, video blogs and giving tips about what bitcoin is and how it works is also effective. In that way, we can attract more investors and traders to the market. But I think the best you can do is to let them try it first hand so that they will experience and learn how to use it on their own. |
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Hello Everyone. Recently my friends Asked me. Now I can investment with bitcoin. I said my friends. Of course you can invest bitcoin without tension. but my friends can not believe bitcoin.my friends tell me bitcoin price always dumping. It's will be got this scam.  I got this boring felling with my friends opinion. Because I always believe them bitcoin about. Bitcoin is the real king crypto currency world. Bitcoin will be never scam. It's not possible.  Up until now there a still a lot of people that think bitcoin is just a scam. Usually these people who said that are the ones who haven't even tried doing bitcoins ever. People tend to reject the things they know nothing about. That's why these people think its a scam. You don't actually have to force them to believe in bitcoin and its potential. Let them discover it on their own by letting them try it first hand. Bitcoin gives a big amount of earnings, and they can't believe it is really possible because they don't know the technology behind bitcoin and how it works. |
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I want to start investing in Trading someone can help me how can I start , What things to do and how ?
Answer so much appreciated thanks ..
The best thing to do when you are a beginner is to first make sure you have an idea what you will do. You can do some research first about what you want to do and which among the cryptocurrency you think is best to invest with. Once you are already sure where you want to invest, create your own etherwallet and put sufficient amount for gas or transaction fee. Then, you can go to the different trading sites on where you can buy your desired coin. You can monitor its price on the web too so that you can see if its value changes. Buy when the price is low and sell when it is high. |
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Bitcoin doesn't hold the promise it once did, explosive growth and adoption, now the only explosion in adoption is the number of segwit users. People are using the lightning network before it's ready, potentially damaging the bitcoin ecosystem.
So I ask you, what can we do to improve bitcoin adoption, reduce fees and protect bitcoin for being crushed by regulations?
There are a lot of factors that contributes to he growth of bitcoin. Bitcoins price or value is directly affected by the number of its demand which means as more users get into bitcoin to invest on it, the more its value inceases. And also, its market and the infrastructures around bitcoin also grow and expand. We can help bitcoin grow by encouraging more people to invest on it and imply it to their daily lives. The users will not just help bitcoin grow but will also benefit from it by making profit out of it. |
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Where do you guys get your info from? Like Twitter, PBC, coindesk articles, etc. Always looking for new sources for research  We should always be careful when looking for some legit information on the internet. Research has been the best way to have knowledge about something and to get an update on the things that you focus on. For bitcoin and cryptocurrency news and update, I personally choose to view news from cnbc crypto on social medias. I also follow other cryptocurrency pages on different social media to get an update directly from the creators of the crypto. You can also rely on this forum here in bitcoin discussion and altcoin discussion. |
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Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
Banks do really matter specially in today's bitcoin era. Through these banks we were able to deposit our money in the crypto that we wanted to invest. Even though we can consider today as bitcoin era, they still differ on the market that they cater. Bitcoin, p2p and online exchange sites are created for transactions of cryptocurrencies. While banks are created for fiat exchanges, a way to keep and save our real money. Banks also adapts to the booming technology that's why it will still continue even if digital currency has been a thing. |
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I'm newbie ,
im selected get bitcoin,how to get....!
Helpfull
Both of the two are effective and fast way of earning money out of bitcoin. Choosing the best between the two is totally subjective depending on its user. You have to look and the different factors that affects how you earn. Compared to mining, for me, I find trading more convenient than mining because it does not require you hardware devices in order to produce the amount you want. Mining also has higher production cost due to the high price of electricity/power to produce it. Trading only requires a small amount of capital. |
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Cons.ph are now accepting Etherium! But its not available in the websites of coins.ph also this features is not supported by lower version of android phones. Tested on Zenfone 4 Max Nougat Hope that we can convert etherium directly to bitcoin using this, but for now its not supported. I will try to transfer etherium later or update us if someone already try to store etherium in this wallet. See photos below:     Confirmed that the update is now available to lower version of android phones, And my friends already have the etherium features on their coins.ph apps. i did update my coins.ph and see ethereum and to activate the wallet it needs 20 pesos and sending eth coist .00135 eth. this is great cause you don't have to convert btc to eth just to send eth to myetherwallet.
The beta test is done and the actual updated app with ETH wallet is now on the playstore. You do not need to wait something that is already there.
The apps are already have an update. If you have multiple gmail account in your mobile phone, just check it to see your update.
Why some are complaining that they dont see update on their mobile phones. I just update my coins.ph app and I discovered that they already provide an ethereum wallet. This would be very helpful for those filipinos who want to get into trading and investment. It makes the transactions faster and more convenient and requires low transaction fees. This will be a huge step for the philippines and cryptocurrencies. But I'm still hoping that they will create a wallet that is compatible for all kinds of cryptos just like myetherwallet. |
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Hi guys , Some of my friends are give me some ideas about Trading and Investing.
But i've some doubt which is better in that. What is the advantage and disadvantage? Because I want to focus on one at a time for generating source of income coz my funds are limited.
Can you give some of your useful ideas? I'm a begginer. I need some help. Thank you!
Choosing on what's better between investment and trading actually depends on your goal and your convenience. Although both are investments, they differ on how you execute both. Trading is more of a short term investment, you can buy and sell on the same day as soon as you see that you already gained a profit. While investment takes months or years before deciding if you really want to withdraw it or hold. Both are great strategies on how to earn profit. Trading requires more monitoring compared to just investing. |
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Hello I have spent my bitcoins on a cloud mining website, and i am wondering if there is anything i can do to earn bitcoin while i wait for that, just keep in mind the following: I have no skills except for making offensive jokes, I don't have a job because I am a student, and I want to try and trade bitcoins :/ any answers would be greatly appreciated Kind regards -Some guy on the internet Just going to pop this address here: 1HNCH7C2zYTufQQ8ESSdnDs9EgfzVChMBS I would not recommend donating as the only thing you will get in return is a thank you from me  Earning and owning a bitcoin is not that very hard. Actually, there are different ways to earn bitcoin. You can get bitcoin's buy buying some of it for investments. There are also gambling site that gives bitcoin as a reward. There are also faucets that gives away free btc by just signing in on their platform though it will take you alot of time to earn a decent amount out of it. And for me, the best way is by joining bounties here in bitcoin talk where you can offer services like translation, creating a blog, signature campaigns and other social media campaigns. |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
TV advertisement can be considered one of the best way to introduce your product to the public. And creating a television advertisement of bitcoin would be very helpful in disseminating information about bitcoin, and encourage them to use it. But for me, not all people would even dare to try it. I also think that it is not necessary for cryptocurrencies to be advertised on tv because internet and social media is already enough. Advertising bitcoin on tv will attract more users and investors that will make bitcoin's market grow and expand. |
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I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls.  20$ worth of bitcoin may not be that much, but if you are smart enough and willing to take risks you can maximize it and make your money grow. If you want to earn profit asap, trading is the way to go. You can buy and sell coins within the day and get a profit out of it. If you want just want it as an investment, just leave your money in bitcoin. Sell it when you think you earned enough profit already then buy again when btc's price is lower. I'm not suggesting gambling but it can also help you earn more btc but at the same time, you can also lose your money there. |
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I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.
What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
Yes, price dumps and pumps are just part of bitcoin's nature. These fluctuations in value are caused by different factors in the market. From time to time there are a lot of price surges but we all know that bitcoin have a stable market thus we are sure that bitcoins price will become stable after some time. But personally, bitcoin's price for me will never be stable. Due to its volatility, it will experience changes in value frome time to time. As the production of bitcoin stopped, it will probably increase its value as the demand for it increases too. |
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Would it be a smart move? i know no one "knows" but what do you think? I'm thinking long term, 5 years.
Appreciate all the advice.
5 years would be a very long time. For me, investments in bitcoin is more for a short term investments. By short I mean, months or within a year. Within that 5 years in time, a lot can happen to bitcoin. Investing in bitcoin now, is the perfect time specially that its price today is way lower than its previous price where it almost reached 20k dollars a piece. You don't actually have to wait for 5 years because after a few months time, you can already see how much the value of your investments grow after a few months and before the year ends. |
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Hello Everyone. Recently my friends Asked me. Now I can investment with bitcoin. I said my friends. Of course you can invest bitcoin without tension. but my friends can not believe bitcoin.my friends tell me bitcoin price always dumping. It's will be got this scam. I got this boring felling with my friends opinion. Because I always believe them bitcoin about. Bitcoin is the real king crypto currency world. Bitcoin will be never scam. It's not possible. A friend of mine actually ask me what I do right now for a living. And they were totally surprised on how much I earn from bitcoins. Even though bitcoin has already proven its ability and potential, a lot of people still don't believe in it. The profit that bitcoin gives to its users is just too much and others think that its too good to be true. Little they know that its value is just right because it has a successful market. Rumors on social media about bitcoin being a bubble adds to the factors why people lose interest on it. And also, the fact that it is not regulated and decentralized makes people wonder how it actually works. |
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Bitcoin is the oldest and most valuable cryptocurrency, but a crop of nimble competitors, including Ethereum and Bitcoin Cash, could lure investors away.
It will only happen if there will be a coin created with a much better platform than bitcoin. Bitcoin today can be considered as the mother of all cryptocurrency it has the highest value among all the other coins. It will not be very easy to dethrone bitcoin as the number one cryptocurrency because it is the oldest and maybe we can say stable and established crypto around the world. Until now it is impossible to happen but maybe in the future as technology continues to develop more. |
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Hi guys , Some of my friends are give me some ideas about Trading and Investing.
But i've some doubt which is better in that. What is the advantage and disadvantage? Because I want to focus on one at a time for generating source of income coz my funds are limited.
Can you give some of your useful ideas? I'm a begginer. I need some help. Thank you!
Well, this question is purely subjective. Choosing between trading and investing really depends on your preference and your convenience because although they have the same concept, they are different in terms of how you use it. You can go for trading if you want to earn for a short period of time. In trading you can buy and sell within a day as long as you reach your desired profit. Investments pertains to a longer period of time, longer meaning after months and years. This one is way to convenient than trading because you don't have to check on your assets from time to time. Both of the two are the best way of earning bitcoin. |
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