Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
the truth is it's too easy what else if you do not have a wife and children, if I always share my salary like this, 100% salary I set 1. 50% for bitcoin 2. 25% for monthly needs 3. 25% to freshen up after 1 month of labor it is not that easy to spend all your salary on crpto even without a wife and children . my salary divided as : - 20 % for saving - 40 % for bitcoin and altscoin - 40 % for special needs (myself only) Don't you consider Bitcoin investment a saving method? Saving money in BTC worth a lot compared to another saving methods like bank accounts or just holding fiat. Anyway, if you are alone and don't have expenses with other people it's much easier to save and invest money, making it grow much faster than people who have families to feed. Currently I'm not using my salary to buy BTCs because I have plans in real life. But if it was possible for me, I would put 70% of my salary in Bitcoins. Save some of your salary for the bitcoin will give you more than you earn monthly it is one of the great approaches and this will make a good and successful investors of time and bitcoin has given a lot to its investors so that they can live their live in epic way and bitcoin is the investment which secure your life after retirement, so do this and keep worries away. |
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With Bitcoin falling so much this week/month, do you think it's a great opportunity to buy in or time to cash out?
I think this is the moment to buy, because bitcoin price every year is more expensive, and this is already at the end of 2017, in 2018 bitcoin more expensive because many enthusiasts and suppy very limited. Prices are low as compared to the past month so this is fortunately good time to buy and buy as much as you can handle in future, the good time is ahead and that good time will give Goosebumps to investors and they are praying for the more investors to come now because they are waiting to gain and join the caravan of profiteers. |
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iCO's has been banned in China, but it is october 30th and there were going to be bad news about china and cryptos, but the price is only going up.. i dont know what is happening right now, it was like $4150 yesterday evening, and now it touched $4400 a few hours ago, i am very happy with seeing that the price is going up again, seriously, but i dont know what is really happening with China.
It doesn’t matters that what china is doing in his regions bitcoins are surviving without them and this is bitter for the Chinese they think bitcoin will be down without zero and it is up to 4500usd and this is not acceptable to them and they will feel sorry in future when the prices will be at 6000USD or more, so china should rethink about his decision. |
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After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
You and most people on this forum will not be able to pick a bottom. Your question needs to be in context. What is your holding period? One decade? One year? One month? One week? The true strength of bitcoin comes from the fact that in the long term is going to go up so there is not point in holding for a week or month the shortest time frame should be 1 year but the longer you hold the farther away you are going to be from the price you bought and volatility is going to stop affecting you. I will agree with you on this point. If we take example of those people who have become millionaire by bitcoins, it did not happen in a week or a month. They invested in bitcoins at very early stage and hold on it for almost 5 to 7 years. It is some good period of time. However, it is the easiest way to earn profits as compare with other jobs. Just stay calm and hold on bitcoins for long. |
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I thin I will accept Bitcoin as a regular salary for my job in certain condition. My country legalized it and there are stores that accept Bitcoin as mode of payment or I can convert it to fiat currency anytime of the day. If these condition is met, I wouldn't mind to be paid in Bitcoin.
What if your salary goes down in case of huge volatility?  I dont mind to accept bitcoins as salary if we consider market price change frequency during the last 2 week. First, I don't need to wait before converting back to fiat if you don't want to. That's your choice. If it goes down you'll accept it because it was your choice not to convert but hold. Second, What if it goes up and you earn even more on holding it? You don't have to sell when the price is low, it will eventually go back up. Bitcoin prices are fluctuating at the present but once it will become stable after reaching a very high target (that it will in future) and being accepted by all the businessmen of the world, then we can have our salaries in bitcoins. If we just stop thinking about the profits for once and think about the easy transactions via bitcoins even in micro purchases, how wonderful it will be. |
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I'm sure bitcoin will survive up to 100 years, this is because bitcoin users continue to increase and many big companies continue to support bitcoin. In addition, some countries have officially legalized bitcoin so that the guarantee can last up to 100 years.
even if it does die out, I've zero doubt that some die hard supporters will manage to keep the network alive indefinitely. well.. for sure we wont bitcoin, the idea will survive I agree with this wholeheartedly. bitcoin is an experiment, a new idea you revolutionize finance. even if bitcoin itself isn't the mainstream currency in the centuries to come, I've full faith a different, superior cryptocurrency will. we keep going through these altcoins that gain more and more traction with each iteration, because they continually seek to create something that overcomes the shortfalls of bitcoin. even now, the current bitcoin isn't the same as when it originally released, numerous forks have occurred to slowly improve its deficiencies. Well this will be the most interesting thing this world will see after 100 years. You have rightly said that internet will play a very vital role in the survival of Bitcoin. I personally think that it will hardly any big deal for Bitcoin to survive for next 100 years. In fact, I am very much positive that Bitcoin will last forever and will keep on making people rich. |
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If you have $ 50, you can be invested through trading with your funds will increase if the price is going up to 2-3 times  I think for getting bitcoin every day you will have to spend more time bitcoin forum, upgrade your rank. As you keep in touch the experts you will gain the knowledge about bitcoin and will be able to make bitcoin in a short time. Other way is to invest in bitcoin and your investment will grow more and more with the passage of time. For every business especially here for bitcoin knowledge and experience are mandatory. I must appreciate your logic of reasoning. In my opinion, you can even much more than just 40 $ per day by trading. Trading is very much profitable and that too if you are trading the most valuable coin, it will surely help you earn a good amount of profit at the end. The only condition is that you need to have a good background knowledge of trading and Bitcoin as well. |
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Bitcoin is a perfect currency for the world. It being on the internet is only natural as there is so much technology to take advantage of this can spur on a lot of great innovations.
There is absolutely no doubt that Bitcoin is the perfect currency for the world, but I don’t think so that it will ever happen in the future. Bitcoin is very much profitable and is leading digital currency, even then it cannot compete with paper money. Paper money is entirely a different thing and this world will never accept such kind of thing. |
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Mobile phones and the internet are definitely changing the banking industry. Central banking system is getting thrown out the window in replace of a new one.
I think with the advancement in technology, things will keep on changing and we’ll be able to see such a wonderful things like online banking and stuff like that. It is a very good idea and we must appreciate it. I think with the evolution of mobile phones and internet, we can do almost anything related to banking by sitting at our own homes. |
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True, a lot of people are very superstitous, sometimes I am also superstitous but I didn't apply that much especially in gambling because gambling is more on luck.
Isn't that the reason why you are being superstitious? To become luckier and believe that you can really be special in gambling and hopefully you could really win more and probably earn more and stop before you get greedy. Nope, I know that being lucky is not always with us. But gambling is really more on luck. Even if you have already a gambling skills you will never tell that you can win all the time of your game right? We all not know when we were going to win but we still playing it because there is sometimes we think that maybe we can win in our next game which is we are still thinking of our luck. Gambling depends on luck and we cannot deny this fact. There are games which also require some analytical skills like poker and sports bets but even in them, luck plays an important role. This is the reason why nobody has ever been able to win in his entire life without facing a defeat. Man can only learn from his mistakes and in the course of being successful, you need to face defeats. If a person is only in need of fun and has nothing to do with the gain and loss of money, then there is no need to become superstitious about anything. It is a fact that such sort of feelings and thoughts take over you only when you have a fear of some sort. I play gambling only when I get a free time out of my daily routine and have no particular greed for money. |
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Just now... China has declared a halt to Bitcoins exchange and operations by October... The price of Bitcoins has partially drop due to the news... However, if we can equal the population of Bitcoins user in China and invite a lot of investors... I think Bitcoin will still survive.... Hope so....
Not only bitcoin will survive, it will thrive. Back in the day, Silk Road was supposed to be the reason for bitcoin's high value, then Silk road went down and a flash crash happened and panic and all that stuff, then bitcoin went all time high.  Don't sell cheap. I remember this silk road incident and I was so stupid enough to quickly sell. That is why sometimes, it is always good to have some of these experiences for the future. Bitcoin has survived worst than this, and getting worried now is not even an option. |
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Everyone has their own point. Bitcoin was made base on the POW system. So time will improve to us and Jamie Dimon that he's totally wrong about Bitcoin .
The funniest part is that he knows he is wrong, but these guys are so greedy and selfish they want to keep manipulating the financial system like they have always been. Do you know how much the banking system has reaped people off? |
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Cryptocurrency is easy to use and more secure you dont need personal or other in formations in performing transaction it is better than a physical currency.. but physical currency are tried and tested in the long run and it use in many years. but the current state of our economy the regular currency is much better the the cryptocuurency in terms of 90% of people or more than that don't know what is cryptocurrency are...
Cryptocurrencies are not better than the physical currencies. This is because they really don’t have any physical existence at all and you can’t use them if they are among the illegal ones without passing through the exchanger sites paying having fee for the sake of converting them into useful ones. The safety regarding digital wallets is also in question nowadays due to hacking, password mismatches and many other issues. Therefore, they could be considered as your property but not a better one at all. |
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Base on the well experienced here in trading, of course you must not panic, stay at your feet then wait and be patience even the price fall deeply it is still in the end it will rises up again.
Of course you are right, people often panic during the dump period of bitcoins, they cannot control their emotions due to which they make wrong decisions which ultimately lead them to huge losses. So be careful during the dump period, hold your bitcoins and wait for the right time to sale them again. When the prices of the bitcoins are falling, then there is no need to panic at all because it is not legalized yet and this fact hampers the market value to an unwanted level. The price of bitcoin is a matter of constant change thus you should not sell your bitcoins at low price rather strat waiting for the right time to come. |
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I think in future bitcoin will spread more and it will be used by millions of people.I also think government will allow bitcoin in every country so bitcoin will be used by every people in the society.Bitcoin price will touch 1000$ surely as its already in 4000$.More shop and market will accept bitcoin.Transaction process of bitcoin will be more fast and smooth.
You are very much right. I will second you without having a second thought. This is what exactly I think about the Bitcoin in the coming days. The way Bitcoin is gaining the attention of the investors and the way its market price is increasing, one thing is very much clear that Bitcoin has a very bright future and it will bring a lot more wonders. |
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Yes if bitcoin is not die  I dont think so, is is unnecessarily needed for us to convince them and forcedly teach them bitcoin, tehy have the right to decide whether they will adapt it or not, and I think their parent will not agree in this kind of system which involve huge amount of money that the younger the user the risky it takes, so I think people should mind their own business. Where do you live, mate? Parents highly appreciate when their kids are concerned about earning money and are able to handle large amounts. We are no more living in a world where kids use to play outdoor games, spending all days outside on swings. No things have changed massively, there are gadgets instead of toys and when kids are this much advance, you can easily imagine the level of youngsters. |
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Sounds good that bitcoin will become international currency. But it is difficult because of many reasons. One of the reason is many government ban bitcoin. They announce it illegal in their country. Other hand many countries accept it and Bitcoin paid their people well
Though the hurdles you have mentioned are there in the way of bitcoins for being accepted worldwide but these obstacles won’t last for long. The increase in investors on daily basis is going to make bitcoins legal soon around the globe. Once the users will increase, there will be automatically pressure built on governments to legalize bitcoins for the welfare of public. |
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Although bitcoin will be used by 90% or even more people all over the world, I'm sure it wont destroy FIAT. Most countries will still use fiat as their official currency/payment method instead of btc.
Yes I believe that in 2022 most of the people was using bitcoin as alternative way to get extra income , but I also agree that it will not destroy fiat since it is part of our daily lives since then it serves as one of the feature for a country to be known and it is their maybe signature. I agree with your both points. There are indeed very little chances of fist disappearing forever but maximum chances for bitcoins to be sued by everyone with fiat almost after five years from now. I think we should not waste time waiting for everyone to get into bitcoins market rather utilize this time to buy bitcoins more and more at cheap rates. |
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On the off chance that you truly need to procure by exchanging, you have to find out about trading, trading is additionally high hazard on the off chance that you don't know how to trading, my assessment visit this forum Trading Discussion string it's truly useful for everybody
bittrex, livecoin, cryptopia platform are great exchanger I think
for analyzing the Altcoins you require refresh yourself with cryptocurrency
I will suggest him to do the same. As far as I think so, I will suggest him to first of all decide this thing that which crypto currency you want to trade in. After that, before starting doing trade learn and gather as much knowledge as you can so that you can get a good amount of profit. |
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As to the percentage of your salary you should take to invest in bitcoin, i should say, take 50% of your salary and give it a try now. Besides, investing in BTC is not a bad idea. It's value almost surpasses gold's value now so you can think of it like investing your salary in gold.
You may be right. I think this division of salary is something which depends on the person himself. In my point of view, you should divide your salary into two major parts. One part to meet up your daily based needs and other part you can either save it or you can invest it, choice is yours. |
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