Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.
for me there is no reason to stay away from cryptocurrencies. I am investing in it and holding it at this moment because my goal is to have a long term investment.maybe other people would stay away from investing in bitcoin or other cryptocurrencies because it is risky investmemt. you may earn bigtime or you may lose your.money. |
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I just created this thread to gather opinions ..
Ethereum is next to BTC?
Ethereum is the most stable alts. I believe is next to bitcoin, as we can see , ethereum also like bitcoin is growing not as fast as bitcoin but compare to other alts so far it the biggest one. I think eth have a bigger future . |
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We have seen ETH going up and down so many time. Now do you think ETH is officially dead, why do you think so?
No its not. Ethereum.may suffered from downfall.like any other coins too but it doesn't mean its dead. Now at this moment ethereum.is kicking again. this time it keeps moving up. |
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Bitcoin in Asia is quite popular compared to the western Continents. This is all because of the increased acceptance and the people easily using it an way for getting an additional earning based on its legitimacy. In my thinking bitcoin will be growing high than expected as there is tremendous increase in adoption around the Asian countries.
I agree with you, bitcoin is popular in asia. when I went homein the Philippines last year ..I attended the seminar about cryptocurrency and the speaker is from singapore in which he is starting a cryptocurrency project in the Philippines. So.ome of the proof that bitcoin and cryptocurrency in asia is popular and growing fast. |
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I am one of those thousands or even millions of people using myetherwallet. What can I say about myetherwallet? It is great because it is compatible with erc20 tokens and if you are really careful in keeping your private key it cannot be hacked. |
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I would rather chose bounty because you can also have an investment through bounty. The token you are getting from bounties, you can also use that for investmet or you can also hodl them and wait for the right time to sell. In bounty you can earn money without investing capital on it in which it is good for people like me who don't have extta money for investment.
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yes I am still supporting ethereum. I like ethereum because it is next most valued cryptocurrency . It reached to 1400usd, now the price is 600k usd and it is moving up again. like other cryptocurrency it suffered declined too but what I like about ethereum is it keeps rising up again after the fall.
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Bounty or Airdrop? what is the most easiest way to earn tokens?
In aidrop , it is the easiest way to earn tokens but at the same time the value is small and airdrops are goving only small amount of tokens and sometimes those projects that are giving airdrops, stopped before starting the ICO while bounties for me is worth joining for, it takes time but they are paying you big plus it has a chance that their project will become successful , if it will happen the tokens that they are paying you will have a bigger value too. so for me even If I spend time and effort , I wikl go for bounties. |
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when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
different countries have different law and rules. and also they have different views when it comes to cryptocurrency and bitcoin. but in our country it is legal and our government is supporting. |
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Well, are you people ready to make a great money? The market has turned back to the growth. It's time to buy, don't miss the really moment. It's going to be very quick. Does anybody doubt that market will see many fold increase?
yes I agree , as we can see the market now is green so.meaning it is recovering now. so to those who didn't buy yet.it is time to buy before it is too late. also we are expecting the market to recover we don't know the exact date but now is the good sign. |
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In your opinion when do you predict alt coins will be stable again?
now it is starting to recover again. we are in green market now but to be stable again I am predicting maybe 3rd and 4th quarter of the year. I think for me it is the time when all the coins pump up again. that is why now is still considered as a an opportunity to buy and hodl. |
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yes bitcoin will be fine. it will recover soon. so stop panicking if you have bitcoins in your wallet, the right thing to do is hodl and wait for the right time to sell it.For sure it is worth hodling and waiting for.
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buying and storing bitcoin is a good idea at this moment because as we can see the price of bitcoin is lower compare to those previous months so it is still a good buy and in order to earn you need to hodl it for a long time or what we call long term investment.
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What does crypto mean to you - a means to a fast buck or a step into the future.
For ke crypto is a step into the future because through crytro world we are earning extra money which helps us build our family in the future. It is an opportunity that has given to us into order for us to earn in a way that we can only use laptop and internet but we are earning . The future is big in crypto. |
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Carrying out an airdrop before the ICO is one way to draw attention to the project. It seems to play a role in attracting investors. Also very important is the structure of the project itself, its idea, team, etc.
I agree with you. Aidrop before an ICO can draw attention to people about this project. so it can attract investors too..People will be aware that there is a new project on the way. they will become curious and search for your roadmap ang everything that they think it will help them see if the project is really worth investing for. |
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In most advice people can find that holding bitcoins is best choice, but is that really best for Bitcoin? I can't but ask my self, what would happen if we all would just hold our coins? Only answer that comes to my mind is, bubble would occur and bad things would happen.
I don't deny that so far holding has proven to be one of best ways of earning extra money, but bitcoin is made to be currency and not asset. So for strong and stable price we need constant flow, which mean constant transactions of buying and selling, not mostly buying and holding. So if we really wish for bitcoin to success in its goal, we must start using it more frequently (at least as much as we can). Number of holders must not be higher than number of "users".
What are you thoughts on the matter?
Each one of us has different views when it comes to bitcoin, some believe it is a currency and some also believe it is an asset or investment.So when people believe it is a currenncy they are buying and selling their bitcoin depending on the flow of prices like buying on low price and selling on high price. and for those believe it is good for investment then they are holding it for.long term investment. |
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what steps or plans can we take to deal with current bitcoin prices and conditions?
because the end of this bitcoin is experiencing a condition that slumped, like other coin coins.
Do we just keep silent waiting for bitcoin condition back victorious?
we can't do anything at this moment but if you are bitcoin hodlers, you should continue to hold and don't sell it like those panic sellers because it couldn't help ro bitcoin situation right now. the more you sell your bitcoin the more the price of bitcoin decreases. |
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My suggestion to everyone would be to be calmed, don't be greedy, have a patience in everything. Success will definitely touch your feet, never ever quit. Bitcoin's price is always volatile, as we see it's dump price and the market is red, never lose hope.  Always remember this one " He who quits does not succeed, he who succeeds does not quit". very well said. That is really true. A winner is never been a quitter and a quitter never wins. So yeah, Bitcoin price maybe down but not all the time will be like this, hold and wait for the right time, your patience in waiting will be paid off one day. Bitcoin is volatile it may fall down and rise up again . |
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Well now the price of BTC is growing very fast, if not fast investment you will regret that their prices continue to increase until the end of this year. Prices are now rising above $ 8k. This is a sign of recovery of the market, the end of the year will explode.
yes it is true, bitcoin now is slowly recovering from.a downfall. so if you are realky interested in investing , you should buy now while the price is not that high because once it is fully recovered , you will regret why you didn't buy while the price is low . I can see that it will continue to grow even the ethereum is growing as well. |
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if in my view. bitcoin is more valuable than gold. because bitcoin prices are much more expensive if we compare with gold.
bitcoin is created in a certain amount while every bitcoin is bought. definitely the bitcoin price will be going up .As more people join investing in bitcoins. undoubtedly Set of bitcoin will run out. if the price is always gold we can estimate and setabil. because gold every day in mine and the amount will always increase .
I agree with for me as well bitcoin as of today is more valuable than gold because of the value of bitcoin and it is popular nowadays . Good for.long term investment. One thing that good about gold that bitcoin doesn't possess is that gold has a fixed value while bitcoin is cryptocurrency and is very volatile but when it pumps it really is very high and you can earn big time but when it declines it also fall down really fast. but for the value I will go with bitcoin. |
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