As we know, Singapore is a paradise for people to shop. They (Singapore) know, if they boost the use of bitcoin as a whole, they will reap more profits. I hope more countries that accept bitcoin will m ake the price goes up. So this is very good news for cryptocurrency activists especially bitcoin like us. |
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But from many investors who have joined Bitcoin I think bitcoin will still be affected by the decrease like now, because many investors sell bitcoin at a time when it’s profitable. Indeed it is very difficult to invest in bitcoin because of price instability so most people who want to invest in bitcoin become difficult and doubtful. |
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It depends on each person with what purpose buying at low price, there are people buying a low price to trade for a quick profit by becoming day traders. There are also those who buy it for long-term investments bec ause they believe in the future the prices will rise even higher. The interest in buying bitcoin is various and not everyone is same so it is very difficult to guess. |
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Time to enter is not a problem because in my opinion any time is very good to enter, where coins still have prices and there is an opportunity to get maximum profits in the future. But if the price in the market is down, it will definitely need a longer time to gain a profit because and wait for the price in market to rise again. It would be better if you w ant to enter pay attention to the market conditions in order to get profits faster. |
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Prices fall so low because many people p anic selling right now, at this situation we must be patient. Make yourself gain profit when prices are high and for that you must be able to hold when prices are low. |
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In a country, fiat is still needed. The government needs regulations to manage the circulation of money. If we don't have a central bank, there may be riot. Also fiat is needed to stabilize the price in the m arket. Imagine if people use cryptocurrencies in their country then the prices go skyrocket, while at that time the central bank and the government could not manage the circulation of economy. As I said earlier, fiat is still needed. |
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What are your opinions?
For a long time I thought BTC stabilized at $6400, then boom!
I would like to get some views to help me decide what to do.
It has been a wild ride (to put it mildly!) It can be scary.
Three months already, BTC struggled to maintain its value, which was above 6000 dollars, during which many people said it was a stagnant or stable price. But finally the price of BTC fell too at its lowest point between 3500 dollars and 4000 dollars. For those of us who are just ordinary users with a small amount of funds, we can only surrender and hope that this bitter reality can end soon. indeed this decline is very drastic from the price of 6k dollars to down 3k dollars making people panic and afraid of losing their profits, but remember not to frantically sell BTC at a low price, I'm sure BTC in 2019 will definitely go to the moon. I agree with you don’t be panic to sell it at a low price. It will m ake you lose your profits when the price rise, so still be patient to hold, don’t panic and don’t be afraid because there will be a time when bitcoin rise slowly until the price go high again. It’s only natural that it drops so far, makes people panic and afraid then sell at low price. |
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In my opinion it doesn't matter. Bitcoin was created without bank or government interference. Even without a bank or government, cryptocurrencies keep running without problems. Maybe the government doesn't re ally understand about bitcoin and there is no insurance in transactions. Not considering the certain regulations from the government. No, it won’t happen. |
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Traders make a very good investment if they only accept bitcoin as a payment tool. A long-term investment, if I can say. One by one companies began to use bitcoin as a medium of exchange. Nothing is more fun than the ease of transactions. |
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It seems that you consumed too much drugs like a religion fanatic and the funny thing is your opinion about wanting the price of Bitcoin become cheap and become an international currency are so wrong and contradicting against each other. How long have you been in the crypto field? Do you understand the market concept? Did you mean Bitcoin must have a fixed value like USDT or do you just want to make profit as much as possible? If you want to make a profit, you can invest your money in the ICO.
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The only possible thing long term is gold. Saving FIAT long term is a waste of time
and will actually decrease in value due to inflation.
I doubt that, indeed, the price of gold has increased compared to 10 to 20 years ago, but even then because of inflation. and gold is usually more exposed to costs added by sellers than other investments so the value of gold itself is not exactly what it is. then the storage problem must also be a concern, there are costs that must be incurred for this stor age matter, whether the storage is handled by us or someone else. |
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I remembered and immediately regretted my actions a long time ago, sometimes I was too hard on the newcomer. even though they should be my good friends. Friend, the best advice I can give you is that money is not all of life.
You have family, have friends, and there are many things in the world that can attract you to do，why are you so pessimistic?
I have failed in investment many times. When I had nothing, I felt desperate, but I was always able to adjust my mentality in the shortest possible time. I will tell myself that the world is so beautiful, there are still a lot of interesting things waiting for me to discover, I should embrace failure, stand up again and enjoy life.
Don't care too much about your money. If you don't have money, you can earn it again, but life only once.
there are still many people who do not understand that not everyone has the same mental endurance, everyone responds in different ways and it is not his fault to be like that. this is why m any depressed person eventually continue to commit suicide, because the people around him do not realize the psychic fragility of the person. |
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I think Bitcoin price declining is to normalize the selling price where the price was rising very high at the end of 2017. Maybe bitcoin will rise again at the end of 2018. So I think now is the right time to buy and hold unt il the price rise again. |
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Maybe this news can boost the trust of investors and make the crypto trading become even wider. At least this news c an gives change to some countries to use crypto as a fast transaction tool. Hopefully other countries will also use Crypto as soon as possible so we can easily send or do transaction using Crypto to every country. |
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For me experience and learning are very important to me because that's why I have new knowledge, even though I have lost some of my money but still I will accept that and I make the experience for a good le arning without any regrets. |
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If i have that amount of money i will invest it to Bitcoin and Ethereum because those two are the stable cryptocurrencies compare to others and altcoins.
Like what you answer on your own post the top altcoins before are now gone because they dont have stability in the market.
The two coins you mentioned are good to invest into now due to the price of the market but I want you to know that no crypto currency is stable in terms of price because it the level of demand and supply that will tell the price of each and every coins. It might be said that both of bitcoin and ethereum coins are stable in leading the highest price level than the altcoin, indeed, most people see from the price if they w ant to give a suggestion for investment, because if the price increase then highest coin price will give a huge profits. But still, when it comes to bitcoin’s price, ethereum and altcoin still don't have a stable price and if the price goes dip people will go panic and feel stressed because they put a lot of money. |
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Maybe because their marketing is not right and their target market is not ready to accept it, maybe it’s not the time yet and it’s not impossible that someday it will be wetl ands for them to remember the anonymity potential of some cryptocurrencies. Maybe now we will laugh at them but someday they will laugh at us, to people who don't agree with them. Basically omission is a gap for bad things. |
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In my opinion the future of cryptocurrency and blockchain will be better in the future. Blockchain and cryptocurrency technology will continue to be developed by our next generation who m ay be smarter and more modern with a good latest breakthrough. |
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Bitcoin is associated with terrorists but it has no effect on the price of bitcoin and most of bitcoin users are anonymous that h ard to be tracked. If bitcoin is used for terrorist funding it’s definitely just an uncertain guessing. |
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Smart government is the one who accepts and regulates cryptocurrency and I'm sure they don't see cryptocurrency as a commodity like oil that must be monopolized, at least that way it will indirectly only result in losses, even to the bank, it also requires management while the human resources are few, so they allow the m arket or encourage their domestic market to move in a field that covers this. |
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