Normally it would be to buy more bitcoins and wait for the market to go back up before you sell them but if you already have bitcoins that you wish to invest then trading would be a good way to increase your bitcoins but you have to be careful and patient and make sure you do research before making any trades. You could also choose to invest your bitcoins in an ICO and when the coins finally go into the market and price goes up then you can sell and increase your amount of bitcoin.
|
|
|
I have never been scammed since I came into the bitcoin and cryptocurrency market. This is because I stick by the same rule which I always have when dealing with people and real life situations, which is, if it seems too good to be true, its a scam. People get scammed because they are greedy and want to make millions in so little time which is not possible.
|
|
|
On the contrary, regulations might just be the thing that cryptos need. The market now is very easy manipulated by whales and anyone who has enough money and enough coins in their possession but with regulations and trading rules, the market will be harder to manipulate and people would not be able to sway the market in their favor at will.
|
|
|
If your bitcoin was stolen then I am sorry to tell you that there is no way to actually get your bitcoin back because that is gone and it is gone forever. The same technology that was made to protect you is what keeps you from ever getting back stolen bitcoins so it works both ways. Do not pay anybody upfront to get back your bitcoins because they cannot get it back and you will just end up getting scammed.
|
|
|
I would take this. I could get paid and decide to cash out the exact value at that moment or I could decide to leave it and wait for it to go up before cashing out, either way there is a high potential for my salary to go up more than the original value I am getting for my coins. And i could also take out what I need and leave my savings in bitcoin and hold and sell at the bull market.
|
|
|
Bitcoin is not in anyway a stable currency or asset for that matter. This is because there was never a price tag placed on bitcoin when it was created which means at any given time the value of bitcoin is fluctuating and would never be in a single position. Bitcoin is a volatile asset and prices changed regularly and this is how investors make money from it due to the fluctuating prices.
|
|
|
The price drop and the bear market is always an opportunity to buy as much as you can and hold for the long run, you are getting cheap prices and a lot of deals on coins which would otherwise be expensive and you couldn't buy a lot but this market and it's low prices is giving everyone an opportunity and a chance to get onboard and actually try to make a lot of money from it.
|
|
|
I am in on this one. I want to make a lot of money from bitcoin, I would like to make millions. I have made some money from my bitcoin investments when the market hit the last ATH but I buy when I see the prices go down and I am waiting for the prices to go back up again and I know that the next bull market will beat the previous ATH and go even further.
|
|
|
For now we really cannot tell what will happen with bitcoin as no one can accurately predicted what will happen. Bitcoin is still in the top as of now and is still leading the market and the price of bitcoin affects the prices of all the coins in the market. Bitcoin was the first hence why most people are so loyal and will always be to this project because without bitcoin, there wouldn't be the discussion of cryptocurrencies right now.
|
|
|
If people stopped buying bitcoin then I believe the market would crash down to zero as bitcoin would no longer have any value which is why people would stop buying it. Prices would plummet, people would just be holding a bunch of dead coins and they would just have to move on and take the loss in stride as time goes on. Eventually everyone would just forget about bitcoin.
|
|
|
A good way to earn bitcoin is actually joining bounty and signature campaigns here on bitcointalk but you would need a good rank on your profile to earn a reasonable amount of coins. Freelancing is a good way to also make coins, sell your services online, specify that you would like to work for someone who pays out in bitcoin, if you have a service to offer, there is someone out there who needs it.
|
|
|
Bitcoin has always being worth the risk, the time and money I have put into it, it has being worth the sleepless nights and the uncertainty I have felt when prices have gone down but my patience and resilience have always paid off up to ten folds and I will continue putting time and money into this market and I will not stop taking risks with bitcoin.
|
|
|
The people who keep saying bitcoin is dead are the ones who are scared of the prices dropping and they believe the prices will keep dropping but they forget that by this time last year the price of bitcoin was not even half the price that it is now. $7k is a bear market for us now, who would have thought that $7k would be a low price for bitcoin? No one that's who.
|
|
|
While this is a high probability there are also some good altcoins out there which will stand the test of time too. Ethereum is a good example of one of these altcoins which will likely last a long time and even though they will never surpass bitcoin, they will still be around and have good value in the market and make many of their investors rich.
|
|
|
False news actually does a lot of harm to the cryptocurrency market as it is still so young and very volatile. A lot of people do not even bother to cross check news they hear or read and they just start spreading it to others and these cause panic and a lot of people panic sell which does no good but actually contributes to driving down prices. Please people, always cross check information to make sure it's legit.
|
|
|
Bitcoin has already shown us times without number that it is here to change the way we do things in regards to currency and it's uses. Bitcoin is already a currency which doubles as an asset that people can invest in and make more money from and if that alone in itself is revolutionary, then I don't know what it. Bitcoin ushered in a new age and new types of currencies and we are just getting started.
|
|
|
Truer words have never been spoken. The possibilities of bitcoin and the blockchain technology are endless. There are so many ways it can be applied ro make the lives of people a bit easier everyday. It can be used in the banking sector to make transactions easier, faster and more efficient and even cheaper too. The applications are endless, it is revolutionary.
|
|
|
Don't just get into trading because you see some people into it and they are making some good returns, it takes time and experience and patience. You need to learn how to read and follow charts and markets. Learn to do research into altcoins that you wish to invest in and make sure you believe in the projects and have enough information to know they will do well before buying into the markets.
|
|
|
As long as cryptocurrencies exist, bitcoin will always be number one, both in market prices and in value. This is because it was the first and the people who invested in bitcoin, including myself, knows bitcoin is a good project with sound technology and algorithm behind it. A decentralized currency and first of it's kind which puts power in the hands of the users instead of others.
|
|
|
For now bitcoin substitutes as both a currency and an asset as you can buy and sell stuff with it which qualifies it as a currency. you can also invest in bitcoin by buying and waiting for the price to go up before selling which qualifies it as an asset. Really I just think it depends on how you look at it or how you intend to use bitoin really. It could be a currency and an asset to you at the same time too.
|
|
|
|