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Bitcoin / Bitcoin Discussion / Re: With this recent surge in BTC, is it possible to have all time high this year?

on: September 14, 2020, 08:13:28 AM

Quote from: Shaheer781 on August 15, 2020, 10:24:18 AM Despite the pandemic and the current situation throughout the world, BTC keeps on surging upward in price. This might not be far from the upcoming halving happening in the next 13 days. If BTC can recover like this from $3800 and now trading above $9000, it is likely to speculate that we might have another all-time high this year? I do believe it will take us till January 2021 especially after the recent pullback

Other / Beginners & Help / Re: Newbee: Is bitcoin a real currency

on: September 14, 2020, 08:04:54 AM

If you are from Germany feel free to contact me on Linkedin: https://www.linkedin.com/in/marian-m-768046172/ I can help you explain everything. If not that way you can find me on YouTube too. https://www.youtube.com/channel/UCQE-leBNZ5xKmI1vSha7hgA?view_as=subscriber

Bitcoin / Bitcoin Discussion / Re: Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 06, 2020, 05:10:55 PM

Quote from: junnar1968 on September 06, 2020, 12:53:22 PM My thought is Digital currencies may also be a long-term investment due to their high market demand. Lower inflation risk: Unlike world currencies. which are regulated by their governments. bitcoin is immune to inflation. The blockchain system is infinite and there's no need to worry about your cryptos losing their value. Well you still have to be cautious in what you invest nevertheless i do agree that digital currencies have a bride future. Check out my channel if you like feel free to subscribe

Bitcoin / Bitcoin Discussion / Re: Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 06, 2020, 03:57:35 PM

Quote from: coolcoinz on September 06, 2020, 11:26:38 AM Quote from: Kryptoschnack on September 06, 2020, 11:06:54 AM Hej there thanks for your feedback. In this case i must have been misunderstood. I do personally as a holder didnt find the "crash" catastrophic it was more related to the traders out there or those who arent aware that bitcoin moves this massively. I personally see all those price movements as a great buying opportunity to accumulate more bitcoin. Nevertheless i do have the feeling that a lot of people arent holding bitcoin and rather trade bitcoin for the short term Thanks for answering. I said that in relation to the title of this thread. Starting a video with short-term TA and mentioning a catastrophical drop isn't really supporting the idea of investing for the long run. Some trade some hold. I don't believe anybody can provide some serious data about the number of BTC holders vs traders. What I've learned along the way is that to make big money trading you have to be an exceptional trader. To make money investing in Bitcoin, all you need is confidence and know how to keep your coins safe. Saddly, most newcomers come to the space thinking they can trade their way to riches. The comment regarding the newcomers is so true

Bitcoin / Bitcoin Discussion / Re: Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 06, 2020, 12:13:25 PM

Quote from: UserU on September 06, 2020, 11:47:01 AM Quote from: Kryptoschnack on September 06, 2020, 11:38:33 AM Thats true and a good point. A very good example in this case is India. Where the governement constantly changes his mind And then there's Russia. Previously "allowing" Bitcoin activities, now makes a major U-turn. Recognize but unable to use it as a payment channel. Wut. True story on the other hand China that pays already state employees in a digital state currency

Bitcoin / Bitcoin Discussion / Re: Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 06, 2020, 11:38:33 AM

Quote from: ETFbitcoin on September 06, 2020, 11:33:47 AM Quote from: Kryptoschnack on September 06, 2020, 11:22:12 AM --snip-- Or did you have something else in mind? Since bitcoin price sometimes affected by news or rumors that a major country decide to legalize bitcoin (or vice versa), i thought it might be interesting topic even if you don't live in that country. The short-term impact is quite obvious, but it's different when we're talking about long-term impact. Thats true and a good point. A very good example in this case is India. Where the governement constantly changes his mind

Bitcoin / Bitcoin Discussion / Re: Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 06, 2020, 11:22:12 AM

Quote from: ETFbitcoin on September 06, 2020, 11:16:58 AM Since you're talking about long term, do you consider some aspect that usually not discussed such as Bitcoin legality as investment or payment method on some major country? It is definitely a topic that isnt discussed a lot i do agree with that. I didnt do a video about that yet. The complexity is that every country is different and i believe that people that invest into bitcoin have to check for the laws in their own country by themselves, apart of that i do believe that bitcoin has been at a critical point in the beginning of 2020 before that US banks announced to go into Bitcoin before Grayscale bought Bitcoin so much. If you take the current landscape i do believe that in the US and Europe it wont be illegal to hold the only thing that will change is that laws will be implemented for the taxes etc. Or did you have something else in mind?

Bitcoin / Bitcoin Discussion / Re: Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 06, 2020, 11:06:54 AM

Quote from: coolcoinz on September 06, 2020, 10:55:03 AM Quote from: tbct_mt2 on September 06, 2020, 07:22:15 AM Quote from: odolvlobo on September 06, 2020, 01:33:33 AM Long term investing is incompatible with technical analysis. Your channel is crap. Long term investment requires careful research on potential projects for your portfolio. What projects? What portfolio? They're talking about Bitcoin. Portfolios are for shitcoin buyers. As for the technicals being incompatible, I agree. There's no need to do short-term TA when you're an investor. TA is for traders. He's talking about long term hold and barely mentions the fundamentals, but focuses on the recent correction, like a typical trader. He even says that "the recent move might look catastrophic". I'm a holder and to me the move from 9k to 4k in March wasn't catastrophic. If you feel like that when the price moves down by 2k USD, youre a trader not an investor. Hej there thanks for your feedback. In this case i must have been misunderstood. I do personally as a holder didnt find the "crash" catastrophic it was more related to the traders out there or those who arent aware that bitcoin moves this massively. I personally see all those price movements as a great buying opportunity to accumulate more bitcoin. Nevertheless i do have the feeling that a lot of people arent holding bitcoin and rather trade bitcoin for the short term

Bitcoin / Bitcoin Discussion / Re: Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 06, 2020, 10:57:21 AM

Quote from: Slow death on September 06, 2020, 10:40:47 AM Quote from: Kryptoschnack on September 05, 2020, 06:43:33 PM As the title says, long term investing is the only way to financial freedom and if you believe the same please share your knowledge your opinion and if you do want to support me check out my Channel long-term investment also has many risks, I will give an example: 1 - People who bought bitcoin on September 7, 2019 for the price of $10300 and are still holding it today, have no profit at this time that the bitcoin price is $10200 2 - People who bought XRP on the 7th of September at the price of $0.25 and are still holding it today, are at a loss because the current price is at $0.23 Quote from: Kryptoschnack on September 05, 2020, 06:43:33 PM For any further question send a question directly to me in this discussion I realized that you created a channel and then you spent two years without posting any videos, can you tell us the reasons? Thank you for coming back to me To your first 2 points i do agree that people that have bought XRP or Bitcoin at those moments are still having a loss at this moment. Especially for XRP when people bought it in 2017 where it was almost at 3 Dollar. I personally can only speak for Bitcoin as i am not invested in XRP. If you started investing in 2016 till today on a monthly basis with a small amount on average i would be in profit at this point furthermore i believe in this case it is just for me, that my return between 2016-2020 hast been on average much higher than the stock market. This of course comes with a risk as Bitcoin is moving much more. So i do understand that some people like to trade and make profits and make money that way and others hold it for 5-10 year or in the future even longer. These are two positions/strategies which arent wrong it is just a personal taste what is prefered. Regarding my Channel activity. I started the Channel in German. I uploaded a lot of videos for a long time, then i had to make a break due to health issues. I furthermore looked into the current YouTube Crypto Channel market and i must say that growing a Channel in German language gives me much less audience so i decided to go with English. Thats why i put a lot of old videos in "private" as they arent accurate anymore to that what i post right now

Bitcoin / Bitcoin Discussion / Re: Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 06, 2020, 09:43:09 AM

Quote from: Coolcryptovator on September 06, 2020, 09:23:41 AM Long term investment, but how long? Would it be financial freedom? I don't think so. Financial freedom is that you have to ability spend your fund anytime anywhere. So just hold and hold for a long time wouldn't be a brilliant decision and wouldn't be financial freedom as well. For example, you bought bitcoin at $3K and you Holden it for 2 years, eventually, it's become $50K each, so still, do you think you need to hold more longer? If so then how long? I am also a fan of a long time holder, but my point is when I have a handsome profit then don't be greedy and enjoy your financial freedom. Don't make mistake like I am suffering by mistake of 2017. Hej there Youve got a good point. The question of how long to hold it is valid. To be honest with you if the 70% of the Bitcoin holders that dont move their funds continue to hold or rise and the interest into bitcoin rises as well then over a period of 20-25 years the price will multiply. Considering or applying that this happens (no guarantee of course) it could apply the same strategy as for the stock market, that the value will continue to grow. Even if you invested in 2017 your invested could be up 100% for example in 2021 it is a time span of 4 years but still that would be a average return of 25% per year. I do think thatz the PlanB S2F Model is pretty accurate from the mathematical point of you. If it continues to be this accurate we could see pretty nice returns. If this is the case i could live of my Bitcoin investments when i retire. Nevertheless i do understand your point of not getting greedy dont get me wrong I feel you as i also had investments in 2017. Cheers Marian

Bitcoin / Bitcoin Discussion / Re: Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 06, 2020, 08:36:03 AM

Quote from: odolvlobo on September 06, 2020, 01:33:33 AM Quote from: Kryptoschnack on September 05, 2020, 06:43:33 PM As the title says, long term investing is the only way to financial freedom ... Long term investing is incompatible with technical analysis. Your channel is crap. Thank you for your kind words. Is this always the way you welcome new people in the "bitcoin talk" community?. I do think that the word "crap" isn't that kindest word you can choose. If you dont like my Channel you that is totally fine. Things need to be explained to the broader audience in a simple way, so that the interest into Crypto increases an so the value of all investors. So if you dont understand the simplest steps to success for people invested in Bitcoin and other Tokens/Coins then please just leave your opinion for you. Here on bitcointalk seem to be a lot of experts nevertheless to get the price of bitcoin above 20k you need the broader masses to invest and this can only happen through YouTube and further simple explanation how to invest Cheers & Thanks for your short and crisp feedback

Bitcoin / Bitcoin Discussion / Bitcoin Long Term Investing & why this is the only way to Financial Freedom

on: September 05, 2020, 06:43:33 PM

Hej guys, my name is Marian i have been in the Cryptospace since since 2016. I have watched the market and the people that interact with bitcoin for a long time and i feel it is the time to further spread the knowledge of what Bitcoin is and why it is so important to invest long term. There are a lot of people promising "moon shots" and speculate or do "Emergency" videos for Click-bait, but they all forget the core the main function and reason why bitcoin exists. I have created a YouTube Channel with the name Kryptoschnack Link: https://www.youtube.com/channel/UCQE-leBNZ5xKmI1vSha7hgA?view_as=subscriber I did this as i got the feeling there has to be more serious talk, or more realistic estimation what bitcoin is all about. As the title says, long term investing is the only way to financial freedom and if you believe the same please share your knowledge your opinion and if you do want to support me check out my Channel For any further question send a question directly to me in this discussion Cheers Marian To Validate myself that i am not fake: Linkedin: https://www.linkedin.com/in/marian-m-768046172/

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