Everyone in here is desperate to convince each other the Bitcoin can only go up and therefore you have to buy and hold.
But when you buy Bitcoin, someone is selling it to you.
Why are people selling Bitcoin?
The knowledgeable people are the ones who are now slowly selling out before the bubble bursts. When you are now buying more and more Bitcoin ("investing" as people in here call it) who do you think you are buying them from?
You are buying from the knowledgeable people who are slowly getting rid of their Bitcoin.
Bitcoin have a price because sell and buy transaction. If everybody holding their bitcoin and nothing transaction on market, i think there is no price on bitcoin. Some people selling their bitcoin because many reason and some people buying bitcoin for profits reason too. Maybe some people selling their bitcoin because they need money or maybe just want to trade to double their bitcoin by buying the dip
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Its look like bitcoin is coin of the future. With limited supply and many people start to invest on bitcoin, i think we can call bitcoin is future coin. With decentralized system, bitcoin is safe coin to hold and can be a store of value
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Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types. What is the effect of increasing the amount of altcoin on bitcoin?
The advantages with many altcoin in market is we have different choice to invest on cryptomarket. Many altcoin is utility token and many like bitcoin as cryptocurrency. Some altcoin have working product and some fail with their project. The most important think before we investing our money in altcoin is we doing some research to minimizing our risk
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I am familiar with people who also participate in generosity companies. Some of them do not rush to sell received Tokines, others on the contrary, immediately after the issue of tokens the exchange is sold. My friend advised me to send them to EtherDelta. When receiving tokens, place orders for the sale of x2 - x10 (depending on the project) and just wait until they are purchased. What do you do with the received tokens?
Some token that i received, I am hold and some token i convert it to other token/coin with undervalue market cap. But sometimes, i regret when i sell my token because the price on that token rising after i sold it . Its better option if we hold it for long term because market cap in cryptomarket looks still lower more than 50% from highest
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Hi ,What are best undervalued coin for hold until end of 2018 as best investment option ?
In my portfolio, I am holding some coin/token with undervalued market cap. I am hold some MWAT and CXO as my long investment. That token already have working product but the price is very low. I think its worthed to hold until 2019
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The popularity of bitcoin has now grown so rapidly that almost everyone in different countries recognizes and utilizes bitcoin either as a business asset or as a means of payment transactions. And as we know so far the bitcoin legality is still a consideration for governments in various countries.
Looking at that fact is it possible bitcoin will be the currency of a country? And can bitcoin change the country's economy for the better?
Its impossible to make bitcoin as currency of a country. Bitcoin is decentralized system and data spread all around the world. Its impossible if bitcoin claim as currency in some country because the decentralize system. I think bitcoin can make economy become better because with bitcoin advantages on transaction, company or people will more eficient on their transaction
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I bet the twins regret getting Bitcoin listed on the CME. Bitcoin Futures will keep the price LOW! In futures no one buys bitcoin! It just a bet: up or down
In my opinion, futures is acctually not buying or selling real bitcoin. They just buying or selling contract or paper. Its like a bet or gambling on market and they never touch real bitcoin. Its affecting on bitcoin price because when bet going bigger, its makes market panic and doing like what bet want
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How do you feel about long-term investment? Do you see the priorities in this? What do you think is the reason for this? Where to invest in your opinion?
Investing in cryptomarket is new kind of investment instrument. Its new and growing market and i think thats why market movement is very high. Thats why i think we should invest crypto for long term. If we see on bitcoin price history, bitcoin price start below $1 and right now bitcoin price at $8700 and highest price $19k and thats happen more than 8 years.
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Hello guys, I have a friend who told me about BITCOIN MINING. What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume. I'm not even familiar with it , so I'm probably asking for advice on for those old miners. Electricity here in PH is so expensive. Do you have some tips and tricks? Thanks in advance guys ! I think its having a bitcoin mining is worthed. A few my friends having a mining profits and they can make profits and having passive income from it. He said that we can switch the mining other coin if bitcoin price drop below $6000, buying the peripheral one time but making income every month
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Cryptocurrency market right now become financial industry. Indicate of this sign is many financial firm and investment firm start to invest in cryptomarket, and they see big profits potential in the future. Cryptomarket still growing market and many prediction market cap in crypto can reach trillion dollars
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I think bitcoin still biggest market cap in cryptomarket. But for me, to make profits for short term, sometimes investing on altcoin is profitable than bitcoin. I am believe bitcoin is good investment for long term and some altcoin is good for long term too
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Fiat money always have less purchase power because inflation. Inflation because central banks always printing money and they reason is want to boost economy growth and thats why bitcoin using decentralized system because no one can control the supply
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Cryptocurrency market is growing market and gain more popularity among peoples. If more peoples have knowledge about cryptocurrency, I am believe they will start to invest. Cryptocurrency offering big profits but its very high risk. Crypto growing more faster in south korea because their peoples have more knowledge about cryptocurrency and their peoples more adapting on technology.
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I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
I think if we saw on forex market, all fiat money have high fluctuation too. Maybe the fluctuation not like on cryptomarket but the price have a fluctuation. I am believe cryptocurrency can be for payment if regulation issued by government.
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I noticed a lots of coin on exchange site which are not listed on coinmarketcap. Should I buy those coin/token?
To list on coinmarketcap, new coin/token should have daily transaction $100k. Many coin/token can not reach that volume because not many transaction on that coin. I am prefer invest on coin/token that listed on coinmarketcap because our investment more safe if that coin have big transaction volume.
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Bitcoin will always growing bigger in cryptomarket. As pioneer in cryptocurrency market, bitcoin have biggest market cap in cryptomarket and I am believe bitcoin will survive as digital currency or as investment
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When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
I think its the consequences of cryprocurrency not controlled by any authorities and decentralized. No one can control bitcoin supply and i think thats make bitcoin or cryptomarket always volatiling. For some peoples, high volatiling can give them profits because they can read market movement using technical analysis.
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Best way to secure bitcoin in private wallet or Ledger nano, there are many wallets which can keep bitcoin and other crypto currencies as well.
Using hard wallet is best option to store our bitcoin. Its much more safe because we control it. But if we are using online wallet, better keep our private key safe. Its really necessary to keep our wallet safe using hard wallet like legder nano or trezor if we have large amount
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Bitcointalk Username : TheClownSong Bitcointalk Rank : Senior Member Post Count : 590 ERC20 Wallet Address : 0xfb0aC27EC9C43d2afcaE21E2F2CaDb7aC8D7831a
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People believe bitcoin is backed by nothing. I think that is not the truth. I believe bitcoin is actually backed by people themselves. It is backed by none other than just you. We all witnessed the price has been fluctuating by all those FUDs and bad news. The price changes by emotion and non logical facts. I believe you hold bitcoin no matter what happened and would happen, and believe it is backed by all of us, it would make a history. Fiat money like dollars backed by trust on government and bitcoin backed by trust from community. The value bitcoin depending on market and market drive by community. Bitcoin and community are mutual benefits each other
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