It needs time and patience for a long term investments but worth the risk. It's already proven on this years that holding your bitcoin will give you a huge profit. Congratulations for those who hold their bitcoins for a long time, we don't know that this is just the beginning of Bitcoin's Year. It's not too late to buy some bitcoins and hold for a long time and sell it at the right time.
You are right this is bitcoin's year as you could tell by the price it had this. I still think it is worth purchasing bitcoin at this price because my predictions for this year is bitcoin can easilu reach 1500$++ by the end of this year or maybe $2000+ if china government doesn't interfere as they have been doing. And also the original post you did tell that that you bought at 200$ and you can see the price now so I think you can see the potential of it and selling it just because you in profit is not recommended unless you need it for an emergency.
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Not all people will tell you what to do and how to increase your bitcoin that easy. This forum has a lot of topic to introduce and and tell you secrets and ways on getting that bitcoin wallet not drying up, just keep reading and stop relying unto others, in this world, not all things must be spoon fed, there are things that you must discover alone. Your not a kid anymore.
That's actually so true you see all the newbies coming and asking how do u make so much money per month can you share with me so even I can make and when you don't they get pissed at you. But these newbies never see the amount of effort and research it has taken us to reach at point like this. It is really rare if one shares his secrets of earnings with others for obvious reasons
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This is certain at 99% that it will reach this price in the coming decade. However, if you see it reaching this price this year, I think you will be disappointed, as we increased already very much and there is plenty of time between two rises.
You can't lose hope. I think this year is really goof for bitcoin in terms of price as most of the time it was 900$++ and reached $1000 couple of times. I don't think it will be a challenge for bitcoins to reach $2000 this year if china doesn't interfere in the working od bitcoins like they have done in past months. Also this year I have also seen bitcoin gaining lot's of attention which I think would really be good for it to reach 2000$ or maybe 1500$.
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First of all I don't think it is possible for everyone to make money online I mean if you have some skills and are a reputed freelancer or maybe have a successful site or maybe anything which provides you a pretty good income. If you are just a person who is barely earning something I would recommend you to go out and get a job and slowly save some money and invest in bitcoins or maybe some altcoin. You can also make some addition income from signature campaign just build your account slowly and within a year you can make 0.2 btc a month just from campaign.
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I cant see how people can fall into losing huge amounts of money on gambling games. I play for fun and i am pretty much a winning player but i dont ever put my whole roll in jeopardy, if its getting to low its time for a break.
Well I actually like what you do and also gambling for fun is good as you only invest what you can afford to lose but the real gamblers are the one who faces many problems like converting all the loses and trying somehow to get a profit but of course it won't work always and I think 85% of the gamblers end up making more loses and some one them are also in a huge debt. I wouldn't recommend anyone to gamble it's really risky after they get addicted to it.
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I think this is because are hoping to recover from their loss. This is what make casinos rich : people do not accept their losses, and if they do so, they are exposed to lose more.
Well that it what makes 95% of the casinos and gambling sites to be super rich and always stay in profit no matter how high a person wins his bet. The biggest problem of gamblers is to recover loss which ends up making them in a huge debt. I think there are only 2 ways to help those kind of people : First if you are not a gambler and go to some casino and be like you are going to gamble for fun only then please resist yourself because I have seen so many people who go ti casino's for entertainment and end up getting addicted to it. Second if you are already a gambler and are in a loss and invest again and again to get your loss back then please don't go you are just increasing your losses.
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If I remember one of my worst mistake in gambling when I was drunk while playing at a dice site and not knowingly I lost 0.102BTC. I wake up in the morning and checked my balance if it's not used but it's all gone. That incident gave me a pain in my mind. It's a nice experience tho.
First of all I kind of feel sorry for your loss but one way it is kind of your fault that you shouldn't drink so much that you lose your mind and end up spending your money. And as far as I know before gambling everyone should know that they should invest money which they can afford to lose and not end up crying after losing everything. I would also like to say that there are still many people who don't gamble and I would recommend not gamble with the money you can't afford to lose.
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There are so many games but of course I like a few them : First blackjack : Of course this will be the game I have played in real with friends without money and I think this is the game of which I know most of the rules and how to play it compared to all others. Of course I have got blackjack twice while playing online with cash and I have earned most of the money from this game itself. Second dice game : Now I don't like playing dice game manually as it is kind of boring so I invest a high amount and set on auto for like 10 moves if I'm in loss or profit I cashout after the 10 rolls are over. And this game isn't tough at all, even a newbie can play this game.
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I don't think but negative reviews they mean that it is dead. If you still see it still has the second largest after bitcoin for 2 years I guess. But what they mean by dead is return compared to bitcoin ,if you see the price it has increased only 2-3$ in 8 months I guess which is really low if you compare with other altcoins like monero or maybe with bitcoin itself I guess we can call it officially dead if the price still remains same by end of this. But even if you see in general eth isn't a worth investment for now.
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There are many reasons to have bitcoin instead of cash: First of all bitcoin isn't a currency at all , I agree it is accepted in many places where we can buy goods or services with bitcoins but of course with limitations. Bitcoin is a investment platform where one can invest and 90% of the time he will get a profit after few months depending on the price he purchased at and also if you are saying that why bitcoin when cash is there then why do people invest in gold when cash is there. Because gold has a potential to increase. Same for bitcoin it is more like a investment platform and it has a potential to increase in the future unlike cash which has the same value for years.
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Its normal especially to newbies in bitcoin and trading to panic when the price is going down. They tend to do that because they lack experience and enough knowledge about the nature of bitcoins and trading. But the longer they are in the business and their experience becomes wider then they will no longer panic and just do proper trading leaving strong emotion aside that impedes their judgment.
Well if you see most of the people who have invested are newbies itself. There are very less people who actually take the effort to know more about the currency and how it works. Basically people see that bitcoin was 0.1$ some 7 years ago and now it is 900$ so they invest in it. And when it reaches 1000$ and starts falling a bit they start selling.
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Slot games are attractive and very interesting. But the fact tha it is very difficult to win with them, I always evade it. Yes I do not like slots because of the slim chance of winning. I would rather play dice the whole day than play slots.
Exactly slot games have high winnings and it is really fun to play and watch but it is really hard to win a slot game according to what it is set to , so why do people still play a game which is risky. I would recommend them to play something fair like blackjack or maybe high roll or even dice instead of slot machines.
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I think no need to require a skill to play poker just that we need to dare to play scare feared opponents in the table with a big bet, it makes me happy to do it but from my friend said we are need skill to play poker because we need to select the cards to be the best cards in our hands and the rest, we need our luck to work in the games. i don't know exactly how to play poker because for me, poker is a difficult games and i can not understand even my friends is telling me how to played. maybe the skill that we should have is something that maybe useful for us to selecting the cards that will be the best cards for us to win the poker games. Tbh even I never understood how to actually plat poker even though I checked guides , videos and websites but never understood. And also I don't get it if you don't know the rules on how to actually play the game then why do you play it. I don't think poker is the only game available while gambling just gamble a game of which you know the rules and how to play it.
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There isn't any kind of strategy in gambling but I would recommend you to have a goal like when you should stop after profit or after loss. I do have a strategy in roulette but I used it only twice and it worked. It is basically investing even amount of money like 0.1 and putting 0.05 on both the colors so whichever color wins invest all on the color which lost last round and you will win hopefully. I guess I have lost 50$ in gambling but no regrets as I was aware about losses.
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I like your idea about building a bank and providing services like a normal bank. But I don't think it will be that successful because now also many people aren't aware of bitcoins and second I don't think people will put their money for interest as bitcoin itself provides high return per year. The idea is good but is risky and has a high investment required. But if it is successful it can be good for the future of bitcoin both in terms of price and it's awareness.
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Of course for now 100 bitcoins is a really big amount. The wallet I currently use is coinbase and I trust them. I would enable 2FA and transfer the money to their vault. If you guys don't know coinbase vault is like a security where a person can store bitcoins and in order to withdraw it he needs 2FA , 2 email verification. If somehow he is able to all 3 he still has to wait for 48 hours no matter what and during those 48 hours coinbase will message me and email me that I have withdrawn so I can easily cancel it.
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Altcoins is a good investment I would say that some of them are better than bitcoin but in order for it to be better than bitcoin one needs patience. I have been following some altcoins like eth , monero , dash and actually found out they have good yearly returns like monero from 0.1$ became around 10$ end of year which is actually a really good start. If you are looking to invest in any altcoin I would recommend monero and eth. But for eth a person should only invest when price is 10$ or less and sell when it becomes 13$.
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I have heard about this so called zcash the new cryptocurrency. But I don't think I'm gonna invest in new currencies for many reasons like: Fake mining results as we recently saw onecoin got exposed and stuff so I don't think I would invest in a currency which isn't 1-2 years old. Second I do see the price is increasing steadily but I would rather invest in a bit more trusted altcoin like eth or maybe dash.
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Bitcoin will always be a good investment for me rather in gold nowadays, if you are just going to check it out what is going on now in the value of bitcoin, its getting stronger and stronger, look at this link in bitcoinwisdom.com, It is really more than a gold for me especially the community o bitcoin are becoming more aggressive to buy it more and more.
bitcoin is indeed a good investment as compare to gold and any other investment, in fact bitcoin has the quality that every simply holding it you can earn a decent income. and if you are interested then you can also invest your bitcoin in alt coin and can also make good profit from there. while gold is only good for saving, because its price is very stable and we can observed a very slight change in the price of gold. I totally agree with you but i saw some people talking that they won't purchase bitcoin because it's price isn't stable. I tried my best to convince them that bitcoin was very low before and if you want to invest in something more stable you can invest in eth or monero but of course all the efforts made were useless and I guess they ended up purchasing gold worth some 3 btc I guess according to the current price.
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I actually like how much interest you have and stuff but i don't think in this century bitcoin will ever reach $50k. There can be a chance but it is like 0.01%. And also i hope you die until the price of bitcoin reaches $50k but sadly every living thing has to die one day and it's not his wish when he wants to die naturally.
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