Indeed correct! Just because bitcoin is going through a downfall and it is lingering between a specific ranges for few weeks now does not mean it will never put on a real show. It will do that when we will least expect it to. That is how bitcoin is. Unpredictable, unstoppable, a true warrior. It is considered as the best investment tool so far and there is a reason behind this. That is its potential to survive and grow. |
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i think both ethereum and ripple are good for long term investment, think about spliting your budget to buy 2 these coins
After bitcoin, if there is some coin which is having more fame and popularity, then that is none other than that of ETH. ETH is no doubt more expensive than that of ripple but the thing is investing your money into ETH will later on help you in making more money as compared to that of what you will get by investing your money into ripple. You can opt ripple too but only in that case when you can afford investing in ETH. |
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I already invested in NXT and until now I still lose a few percent of the capital I spend.
There is a huge list of the crypto coins which are there in the world of crypto currency. Except few coins like that of bitcoin, rest are not having this much high market value that you cannot afford them to buy. So you need to look out for multiple coins so that you can get profit even if some of your coin is getting in loss. You can try out ripple or some other coins like that. I personally do the same thing and it helps me in making more money. |
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For me, yes, you can say it like that, but when It is in the world of cryptocurrency but when in general, no that is not the next big thing, well maybe there is a possibility.
Big this is bitcoins and this is definite. No doubt in this and if someone is claiming this to be wrong, he is not sincere with bitcoins, simple. And yes bitcoins are the next big thing, there is no if in this state. Reason is obvious that every other thing is being digitized and converting into some technical aspect and thus is the currency. Bitcoins are one of the emerging technical currency. |
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It's too early to talk about third world countries. Not all developed countries are ready to accept cryptocurrency as the official currency. This is a long and painful process. It will be very interesting to observe the development of this sphere.
You are so right here. These people are talking about third world countries but what is happening in developed countries? All they agreed to legalize bitcoins in their countries and allow their citizens to work on them. No this is not the case in reality. Only few, you can count them on finger tips out of 200 countries in world accepted bitcoins. First they will be accepted in first world, then they come to third world. |
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They are currently showing prices for bitcoin etc. Anyone knows what is the source of this price feed?
IIRC Robinhood will be using Existing Exchanges to facilitate Crypto Buying and selling, not their own Exchange. So I believe it will show the best price available. But one thing to note is a lot of new money will be entering the markets. Hope to see a bullish run. Having Stocks and Bitcoin in one platform seems great. Could be a new trend to follow. Yes, integrating of stock and crypto market is a very great concept and can increase the money coming in this investment very rapidly. This will make many traders to earn more and give more people opportunities to trade on this unpredicted crypto and the stock market. This is a very great project and can create a trading revolution in the future. I would surely like to use this platform to earn high profits from it. |
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I don't think bankers can control this phenomenon when most banks struggle to control their own business, and that under heavy regulation from the government...
Banks have their own interest in influencing bitcoin. They are pressing governments to introduce laws regulating the trading of bitcoin. Banks are profit oriented and cryptocurrencies take them away. Therefore, they will fight with bitcoin all the time. Banks and crypto currencies are like “enemies forever” now. Well, bitcoin poses a big threat to banking system. It is totally opposite to their interest rather opposes the purpose of banks. A far better way of saving money and more profitable also. I think banks are gonna counter this problem by accepting bitcoin and all other crypto currencies. At present, they are not in hot waters because crypto currencies are still unknown to majority. |
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In dip mode of value maybe we should buy more and hold until the price rise again , rather than waiting for another chance to buy a cheap price. Cause we cannot predict the volatility of price and aslo there's a chance after adays of drop It will rocketed like what happened before. So to make sure we need to buy now and hold, dont panic selling just relax and monitor the price.
Yes, at a good dip we can purchase a good amount of coins and whenever we see a dip again we can again put some of our funds into it. It will truly be profitable for all those who can hold their coins for long term. Patience is required a lot in trading as the coin you purchase will not immediately pump up and you can sell but you need to wait a lot for the coin to pump back and even the price for that coin may come under the price you invested but be patience and hold your coins and some day the price for that coin too will rise up. Do not panic sell in any situation because you don't get a second chance to cover your loss there. |
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Lol, I literally imagine the second line about the trolls haha. One must practice patience to hold and diligence to find reliable sources of information regarding the crypto they've chosen in order to avoid panicking and other unnecessary negative thoughts that may affect investment or trading decisions.
Uhm.. The op is right, it’s mostly newbies and some weak a** that does that. There are people who are ready to take the risks without caring. But you shouldn’t expect everyone to have patience, No! Patience is meant for a few people,. Without all these weak hands withdrawing their money, there won’t be a chance to buy in at low price. |
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The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.
Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.
What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?
First, one thing you should know is that not every is entitled to have the opportunity of going through a financial education. Next is that you shouldn’t expect everyone to have the same interest as you. We all have our own various interests, and you can’t force another man to have same interest as you– that’s freewill. And as for whether everyone knows about Bitcoin? Yes, people knows about it, but it’s not just what they want. |
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At moment i have a large list of coins. most i had bought at prices low, while some i am taking a loss at moment.
with recent dips going on. some are below, as its now a buyers market
should i still eventually invest in more BTC? ETH and LTC
should i sell off some alt coins and re buy at a lower price, since everything is still falling?
thoughts?
thanks
Perhaps you should sell the coins which are already in project to purchase some coins at dip but instead you can also have good profits if you hold the coins for long term along with btc, eth, etc. The prices for each coin will gradually rise up with respect to time and i am sure that at the end of this year the prices for the cryptocurrencies will reach a great height and even a single satoshi will matter that time. Prices for all cryptos are in the increasing manner and the price will rarely go down according to me so perhaps investing and investing in the cryptos can be beneficial. |
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It gave me a real high salary job that i've dreamed about. And i can work for myself not for anyone else, noone can blame me or complain me but myself.
It is the same experience of myself as I am also getting a regular income from bitcoin by posting and I personally consider this job as a very attractive and easy job because this job is highly economical along with free from all formalities and compulsions like time schedule and humiliation from boss etc. |
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Well all people even newbie can do trading, the problem is that newbie should know how is trading works. So you need to learn first all thing about trading, you can deposit a little amount of bitcoin just to try and to learn. When you understand all thing about trading you can deposit big.
There is a first time for everything. If a person will keep on waiting for the right time, then I am afraid that right moment might not appear in his whole life. We need to make first move and trading is all about practical. If the fear of loss holds someone back from taking first step, definitely trading ain’t for him. A trader needs to be like a warrior, no fear and courage to stand up after every fall but with more knowledge and power. |
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Balance should be in everything, so I think that don`t matter what will change in the world, some things will stay the same.
Bitcoin is no doubt really a good thing from earning perspective and it has actually provided number of opportunities to all of us in making of some good amount of money even if someone does not have enough money to invest in bitcoin. However, it is not at all possible for only bitcoin to eradicate the poverty from this entire world. It needs the support of few other similar things. Only then we can expect some positive change. |
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Because Bitcoin mining is the process of verifying transactions, compiling them into blocks, tying one block to the previous block, and then hashing it. Without this process there would be no blockchain. Without the blockchain there would be no Bitcoin. And, no, I don't find the power consumption to be an issue at all when you compare it to the power consumption needed to run the banking industry.
Bitcoin is a need of hour in today’s world due to many reasons. The best thing about it is that among all the possible ways, bitcoins is the easiest, safest and most importantly the fastest way of transacting money across the borders or within the country. Moreover, it could be used for the sake of investment and trading and increasing the profits and savings as well without doing a boring office job or so. Hence, it is not meaningless to say that Bitcoin are required as an essential for the people living in the present world of technology. |
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Bitcoins' price is very unpredictable. It changes from time to time. Some of the reasons for its changing prices is the supply and demand of bitcoin. When it is indemand, its price goes up. When its supply increases, its price decreases or vise versa Add to its rising or falling price are the different news about bitcoin. Like for example, when a certain country banned the use of bitcoin within their jurisdiction, the effect is that bitcoiners will get panicked and will sell their bitcoins. Thus, increases bitcoins' supply which will eventually causes its price to drop. Also release of other cryptocurrency affects it because some sell their bitcoins and buy the other types of crypto.
Honestly telling you my friend you have cleared few doubts that were troubling my mind for days now. I have finally figured it out how the supply increases. What actually surprises me here is the way Bitcoin’s price changes. I am certain about one thing. The demand of Bitcoin is not going down anyway and not many people are totally selling out their asset. Demand is rising with time but still the magnitude of downfall is a huge one. I hope you are getting me. |
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social media networks play important role in the development and operation of cryptocurrency as well as a way for their users to communicate. business, developers and even journalists covering the cryptocurrency all use social media like telegram to coordinate their efforts. these platforms enable widely-distributed teams from across the globe to help each other effectively.
Exactly social media is a source of getting people connected so that they can communicate and transfer their thoughts and feelings and share ideas with one another. Since now, world have been a global village that is just making the whole world amazing and connected everyone around the globe. We can take advantage of it and can share about bitcoins on social media. |
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This happen a couple months ago, I was playing a hi-lo and from 10k sats I managed to go far to BTC.01 and I was still not contented and still continue to play but the end was quick and I lost all of it. I can't even move because of disbelief.
This is actually very usual mistake and one of the biggest gambling mistakes players are repeating over and over again. ~
I hear that voice too in my head and it attracted me to still play and even I lose more money.
You hear...voices in your head? You should visit a doctor ASAP. Voices in your head! I think this is a type psychological order because the things for which you think the most are always wandering in your mind when your mind is free from other activities. This shows that how much you are involved or interested in one activity. I am saying this all because I was a student of medical since my school. It’s better to get a treatment of this disease as soon as possible before it becomes a permanent one. Voices in your head are a psychological disorder and it goes on increasing with age if not properly cured and it makes the person mad in front of others. When people get soo much involved in the things which they are doing the most, their mind starts involved in affairs of that activity all the time and such a person becomes irresponsive to most of the words done with him. If it becomes permanent as you are saying, no one can get rid of it. |
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bitcoin is for every person in this world but bitcoin has a different effect in every different level of society. example is when a rich person's view in this bitcoin is for business and to get more money. and for the poor once is the way for them to make their life better.
This is what everyone likes about bitcoin that it is not limited to any particular class of society rather it is for everyone who wants to become rich and want the best possible sue of its money. bitcoin is the which has made many people rich in the last few months and many have raised the standard of their lives just because of the courtesy of bitcoin. Of course everyone has different perception and different use of bitcoin in lives. |
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Yes it is possible that even a billionaire person was investing in bitcoin just because of its higher value and we don't even know that some people was become a billionaire because of bitcoin.
If I talk about all the billionaires of the world, then definitely not all of them are investing in bitcoin. Furthermore, I am certain that not all of them will be aware of this but I can assume that majority must have heard about crypto coins all ready as news reaches rich people very fast. However, those billionaires who are involved in technology not only know about this but understand it much better than a common holder. I believe they are into BTC. |
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