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The biggest changes in my life is that I have leaned the proper management of money and I applied it to my daily life. Bitcoin became my investment and changed my views on economy, I became aware of those things that I've usually ignored like the economic growth and the factors affecting a certain market, it is significant since I was a crypto trader lol.
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No, its not! Bitcoin is not the strongest currency in the world but it has value or it is valuable. You cannot used bitcoin to buy your needs and wants in everyday life. You need to convert it first before you can use it. Bitcoin will become strongest if it can be use in the society and all transactions in the economy.
Agreed much... We can't consider bitcoin as the strongest currency, we don't even usually used it as a currency but rather as an investment instrument. Additionaly, not all of the country are supporting the usage of this kind of things, the government doubted the future of these type of digital coins. |
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If you want to invest in any hyip ponzi and cloud mining just continually be prepe that this is close quickly and an opportunity to lost your hard earned money rather than revenue. However this is many safe way for einvestment you need to find it very first and stay away for aay ponzi.rn
No!! Don't invest into cloud mining, it's better for you to not put any single satoshi even 0.00001 satoshi there. I don't recommend you to join any HYIP or cloud mining and even you will be the first one to invest there it's better not don't put yourself involved in any type of investment like that. I've been a victim of ponzi and it's not fun and profitable so if you have bitcoin it's either you'll trade it to altcoins or just hold it. When I was just starting with bitcoin profit, I used to invest in different hyip sites that eventually became scam after a few hours or days, If I calculate my loss I think it would be around 0.06 btc $10-15 at that time but if I hold those amount until now I could've invested it into trading. Right now, the best way to earn is to do some trades with your preferred altcoins. |
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It would be like a greedy move of investing in a crypto. My parents, former teachers and other people stated before that it would be opportunity cost to sell your own properties just to buy or invest into something that will not give you a certain amount of profit or value that is much higher than keeping your properties.
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
This would really be an addition to increase the demand of Bitcoin and therefore increase the value eventually. I had never seen a commercial about promoting Bitcoin. Although some news already mentioned it and explained it but it would still be better to repeat the Bitcoin commercial every now and then. And time will come there may be a cryptocurrency show that talks about the differenr cryptocurrencies price movement. We are already dealing with Bitcoin advertising at the Internet level on portals like Facebook, so why would not it be on TV? In my opinion, it's a good idea. Let the message about Bitcoin spread throughout the world. Will the government support the advertisement of an unknown thing? I mean, it would be like they are supporting the use of bitcoins. In my country, the government didn't directly agree nor disagreed on the usage of btc instead they only warns people against it. |
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I cry a lot and long (because losing money is the most unpleasant thing
I know how does it feel dude haha, but instead of crying I divert my emotions to foods, I eat a lot and go to sleep. Deep inside I know that it was just money, I could still earn those losses and start a new beginning, you should not let yourself be stressed by that. |
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You don't have to rush it. Just keep online and read some topics here about investing and you could also do a research before you start investing.
While studying some altcoins for your future investments, save more money so that you can start with big amount of investments.
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my experience when I first started bitcoin I do not understand how to get the bitcoin, then I asked my friend bit by bit I already understand how to get bitcoin
When I was starting with bitcoins I didn't ask for any help so I started to download a certain bitcoin wallet, this wallet became the primary btc wallet in my country because it offers a lot of product and services. I easily get to know how to use wallet and started to search on how to earn btc for free. |
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In trading it takes knowledge of trading and should be able to read the market well, know when to buy and when to sell, I also experience bad trading and hold my coins in a long time, but that is normal in trading, keep patience and passion for trading
Experience and time will make you mature on trading some altcoins. Holding is the best option if you are decided to leave trading, you just have to invest your faith and time . But the op can also go back and continue what he left behind. |
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I would rather eat my dog (lol). Just thinking about it makes me feel vomit. Why would I eat unhealthy and contaminated meat of human? Even if it's for survival I still won't eat human meat. I would rather die from starvation.
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My plan also is to save bitcoin for children and this is the first priority why i have savings. Because this can be a lot of benefits and advantages that bitcoin gives especially in the coming days. I think this is a good option that children have bitcoin because bitcoin is more valuable and gives profit. So we need to save for their future especially today in our modern technology. This is the best that we can do, so that we don't to worry anymore for their future and they have already a bright future. Because bitcoin is gives good future someday.
Nice, I think it is greatest thing to do, as you save bitcoins you'll see your child grow with the bitcoin value's growing too. You won't find it very hard to support your child anymore because their future was backed up by bitcoins. It helps to support them financially. |
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I don't think so. Gambling is a great help to the economy and to the society as a whole. Through gambling we were able to generate funds to help the unfortunate individuals. We gamble to earn more. Gambling is not necessarily something bad but it always comes with a risk. Its more like of an investment activity with higher risk but of higher returns if you win. Taking a risk is a somehow a gambling activity. You gamble for something good in return. Its a courageous undertaking then I should not be shameful for it.
Not all people think the same way as you. We all know that there are addicted gamblers who became broke because of their addiction, some people are being sterotype because of those things. If they discovered that you are a gambler, they might think negatively about you even though they don't know anything about you. |
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For me trading can be considered as a gambling because of the risks that trading has. Your taking risks from your money. You are hoping and you know that your money will gave you back something. But still they have their difference. Trading is about exchanging and you just wait for your item or prize, in gambling you hope for your money comeback.
It still depends on the situation, in gambling, luck is one of the most important factors affecting one's game, but in trading you usually used your cognitive skills (analyzing, speculating, predicting, etc.) thus increasing your chances to earn. |
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To me gambling is a sin, for others it may not be. Many people think gambling is not sin but not a few also think gambling is a sin. Differences exist because human thinking is different and we have every reason. Some people think gambling is a sin because of religion, or because they think gambling is wrong. Differences are common, all we need to do is respect each other's opinions.
In Islamic religion, gambling is prohibited. So, why are you here if you think gambling is a sin? Just passing by? Well, I think for a certain reason, maybe gambling is a sin because it triggers your greed in which they said it's a part of seven deadly sin |
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Some accidents occur when the driver is drunk or under the influence of drugs, In my country, the law enforcers always found a grams of drugs when they checked inside the bus. Also, there are some cases that accident happens because there's a lack of road signs and lights.
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If bitcoins decreased its value you should keep calm and buy more bitcoins, If you bought bitcoins and still, the price rapidly decreased then you should start praying (just kidding).You should grab the opportunity to buy coins in a low price.
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I don't know how but I think you should be more careful dealing with them, sometimes they have what we call mood swings, so instead of giving more annoyance to them we should just have to behave. We must also make them feel that we really care for them.
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It depends on the project you'll join. I know some altcoins before who offered airdrops that gave a decent profit but these days, you couldn't find any worth on most of the airdrop.
So, before you join any airdrop, you should make a background check/study the potential of that project.
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We have to express sadness sometimes for us to release the emotions that will definitely store deep inside yourself. But taking a positive approach in life will definitely make your life easier, those people arround you will feel comfortable with you
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
There is a chance that bitcoin could improve the economy of a certain country. For one, all the bitcoin earners living in that particular country would probably use their earnings from bitcoin to buy things within that country. Those things would surely have taxes. On that process, bitcoin is improving the economy of a certain country with the help of it's users. Yes, you're right. The only way to make bitcoins contribute in a country is to use it as a usual currency like fiat. If all of the merchant accept bitcoins as a payment. They use bitcoin to buy product or services in which could be obviously contribute with the GDP plus the taxes from those products (but still, it depends, more factors to consider) |
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