While there are several nations which are passing laws against crypto world. Thailand has entered the list of the nations which have legalized crypto currency. Thailand is mainly dependent on tourism industry. So I think it is wise decision on t he part of a country where major source of income is from tourism. So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
Good thing to know that this country recognized it because it will help for the betterment of bitcoins and all altcoins to be more known worldwide. Hopefully, more people there will accept this coins and make this a good choiced to invest so that the price of bitcoins will increased even more. |
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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
I agree with your thoughts. Trusting in our own way here in earning crypto coins will gives us more confidence to work hard and continue in our doings. Although it is also important to have a mentor in trading in order to avoid from scammed, but having our own experienced in trading will bring more opportunities and possibly more profits to be gained. |
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I think it's because the Government has no control over the Cryptocurrency. Crypto is not obliged to pay tax since they are not under of anyone. maybe it's the main reason. second, there is a lot of negative news about crypto, that it is being used to some evil schemes.that's why they don't want their Country to be involved with it.
I agree. Some countries think it's too dangerous to engaged with this kind of business due to it's anonymity and the negative reports in social networks about hacking and scamming. And also, there is no concrete assurance that it is safe and secured. So maybe this factors would be the main reason why they don't allow this. |
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What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
The two strategies are good way in gaining profits from our investments it will just depends on you. Day trading is very effective if you have enough knowledged about the flow of the price in crypto coins and it will needed a lot of time to monitor on it. While in holding, you just have to wait for the right time when to sell it. |
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Difinitely, it's never too late to invest in bitcoin but rather this is the right time because the price are still stock at 6k USD. The moment it will be back at 20k USD, surely the profits are much more to gained. And also, it is not a bubble as what others think, we just have to keep it in mind that bitcoin is opportunity and we need to be wise enough in our decision making if we invest or not.
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Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.
Probably, there is no insurance company that is working now to protect the investments here in crypto world. It's hard to build it since this kind of business are not regulated with the banks or in government. All people here are just taking up the risk because they want to gained profits as soon as possible. |
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what's your reason joining here in crypto?
I did joined here because I have found out that cryptocurrencies are being known and becoming more popular as the day goes by. Even in social media site, it is being trending and a lot of people getting touched into it. And also, the opportunity that brought by cryptos are very essential and valuable. |
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BTC is trying to grow up and I think BTC correction period is over and it is time to break all previous record and finally reach new value. So guya what's your perdition about BTC?! Please explain your perdition.
As of this moment, the price is stock at 6k USD and it will continue in the coming days. However, by the end of this year especially at the last quarter, it will slowly increased as the demand will gets high on that time. People who have bitcoins will surely hold it sinced they want to spend it in the last month of 2018. |
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Our country have a good development in the economy despite of being crisis now worldwide. The government had provide various jobs for all people here. In fact for the past few years, our country have been recognized by many people as a tourist spot and a good choiced to invest since most of the companies here are being succeed on their business.
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What advantages do altcoins have that differs it from bitcoin ?
As for me, the advantage of altcoins from bitcoin is that there are many cheap price and affordable. Unlike bitcoin which is so expensive, altcoins can possibly gained more profits ahead. But we need to be smart enough in trading so that we can be able to achieved our desired profits. |
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Obviously, if we want to be success in our investments, we need to take the risk because we will never know unless we try it. We know that crypto world are not 100% safe because of it's anonymity. However, it is also consider as a opportunity that will give us a chance to gained more profits.
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In my own thoughts, this two kind of investments have a good impact in gaining profits. However, if we talked about how fast can gained it, I would prefer to choose bitcoin because we can feel immediately the profits. While in investing banks, it will takes a lot of time but it has more chances to gain profits compared in bitcoin's volatility.
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All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
Yes. Decreasing of the price of bitcoins doesn't mean that it's gonna die. It's just normal situation here in crypto world sinced it is highly volatile. So the only thing we can do when the market is red is to hold our coins and wait for the price to rise again. |
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Basically, you need to buy at the low price so that when it will increased, surely the profits will be gained. And also, you need to have a good and enough knowledge in cryptos especially the flow of the market so that you can be always aware about the fluctuations of the coins.
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
For me, bitcoin will end if the price drops to zero and no more people will invest. But the price as of this time is very high compared to the price from the last 3 years. |
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will this year be the same as last year's year after the Chinese New Year's celebration of the bitcoin price rises again and even exceeds the previous high, I expect bitcoin to rise from this decline, and we as users should be able to keep the price in the way we do not panic at seeing a price drop because this is all just a matter of time
can bitcoin rise after the turn of the new lunar year later?
As what I have observed in many post in this forum about speculations and predictions of bitcoin prices, most of them did not meet what they're saying. That might happen but still, we don't know the movement of the bitcoin price. All we can do now is to wait for the price to move up. |
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I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.
Thanks guys!
I think people are doing that because they are expecting that the price of the coins they invested will grow sooner or later but unexpectedly drops that is why they immediately sell their holdings and then later on the price move up but their coins already sold. So for me, to cut big losses is the main reason why people are doing that. |
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So we have seen many speculations and predictions that bitcoin will go for one more bullish Eire from the end of March so we are at the end of March now , is it gonna happen like last year or speculations will fail?
That was just a speculaions and predictions. For me that speculations and predictions has only 1 percent chance to make it happen. But that speculations and predictions made the mind of many holders to believe it. |
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In my own opinion, many country whose government are banning bitcoin or even all cryptocurrencies because they are against it, the government can't earn from people who are earning in bitcoin because bitcoin has no tax. |
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Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
If I would have just enough money to buy some bitcoins, I would because I believe that bitcoin price will jump up a huge gap soon and I want to take part of that success. Many people are saying that bitcoin will die but still buying some of it. |
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