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?
That's a great idea mate, and I think many people would ideally want to do that; however, I think that when money constraints set in, it would be difficult for many to do that who don't have much money to spare from their salaries. But, if you really have that sort of extra, then I would suggest for you to go for it. But, don't put all you savings in it because it's still better to at least have money to use in case of emergencies. I you would do that, then think of it as a time deposit so that you won't be tempted to pull your investments out. |
|
|
|
The very top to go with a strategy that you understand how you'll act in them to buy,or keep on market activity,or 10-20% fix. a couple of days,a lot depends on this!For example, I understand that it is better to remove part of the perspective in dolgosrok, and part of the trade, and look at the movement of the market in the first place,as it affects the direction of development
I agree. However, I would say that every aspect of a person comes into play, if that could help in making good deals in the end. Whether one has a certain kind of attitude, emotional control, good strategy and a lot of assets to do business, if he would not use it for his advantage, then it could all go in vain. Therefore, as much as there is a hierarchy of consideration one must use, I would say that using all thing at your disposal including one's attitude plays a key role in making good business. |
|
|
|
Looking at the rapid growth the Croptocurrency world is experiencing right now, with new and promising Tokens (ONL, ATFS, BERRY etc) being introduced on regarly basis. I actually have a strong confidence that cryptocurrencies would get worldwide acceptance in the nearest future, and with Bitcoins topping the charts of all existing Bitcoins right now, Bitcoins stands to benefit from the newborn cryptos emerging. So if you ask me, I think it is quite impossible for Bitcoin to CRASH.
I have come to learn that anything and everything in this market has a possibility to happen, therefore, I think that even if it could be the worst thing that could happen, I always leave a space to think for a contingency plan if that really happens. However, for now, cryptocurrency, though it may seem that it has been there for a long time already, is still in its baby stages, and so, it still has a long way to go. I say that because the market still has a lot of thing to improve on and a lot of changes to undergo, so even if it might crash, that would not be anytime in the near future. |
|
|
|
We cannot predict if bitcoin will rise or not. Right now the demand for bitcoin is not that much, especially since the new year and christmas. People have spent most their money and have sold their bitcoins to buy presents/ pay bills etc. However, in a few months it should rise, but im not so sure. More people are looking into alt currency and cheaper icos.
That's right. What we can do is only to study how the market has been before and compare it to its movements and trends now. And basing on the past years, Bitcoin has always had that trend of sleeping for months before it catches fire and regains its value back or even more. Therefore, like most of the people here would tell you, what's happening now is a normal market trend that should be treated as it is and be viewed with patience. As you wait it out, why not focus on other coins that could give you a return while you're waiting for Bitcoin to rise up again. Don't focus on one coin mate; in this market, diversity is the key. |
|
|
|
can bitcoin rise after the turn of the new lunar year later?
This is possible. Bitcoin won't stay on dip for long, the reason I think is because of the negative news from Asia and China otherwise, we would have seen a volatile movement. Is going to come anyway. That's right. In the past several years, Bitcoin has that trend of being dormant for months at a time before surging hard to double or almost triple its value. That's why many people would tell you that when you are investing mainly on Bitcoin patience is always key because return of investment may not come for about six to nine months like last year. So, that's why it would be better to have another medium of investment in your portfolio such as those good altcoins instead of juts being passive for most parts of the year. |
|
|
|
I've bought bitcoin and some altcoins. I'm also interested in buying gold and I might buy a small amount. The biggest problem I see with gold is that if you have a lot of it, how do you store it? I doubt I would want lots of it in my house.
Well, the answer to this question is basically subject and based on your preference. If you prefer gold, Bitcoin or altcoin depends on how you want to push through with your capital. Gold is the way if you want a steady and more reliable investment, Bitcoin if you want to really amp up your investment but would entail patience, and finally, altcoin for short term investments that, although may yield profit, would not be as big as substantial, but would be fair enough to treat it as a profit. |
|
|
|
With BTC in such a strong uptrend atm, are you buying altcoins right now? A lot of them are kind of 'cheap' and have been falling while BTC have been increasing.
Yes, I am still buying altcoins. Right now, that seems to be the smarter move to do because Bitcoin is still in a dormant stage where it doesn't increase and move much in value. Since Bitcoin has a trend of being like that for months at a time, it would be too counter intuitive to transact with it because the best thing to do is to hold it and be patient. So since that's the case, the better move now, in terms of investment, is to invest in other assets by way of altcoins, which could better give you profit than Bitcoin. |
|
|
|
When I start to work in bitcoin, I was not know How the people are earning and How bitcoin is running wend all. I have went with YouTube videos regarding bitcoin and its transactional method.
After I done Some works like signature campaign, some projects in bitcoin site making and etc. Then only I came to understand about bitcoin's ability.
Thanks for sharing your experiences. I think that signature campaigns are a great way to learn about Bitcoin and other crypto-currencies. By being into it, you get to learn and explore many new things that you didn't thought that it wouldn't be that way or even existed. I did learn (and am learning) a lot about Bitcoin and many new alts.  I agree. When I started in this market, I was very thankful that I had a workmate and a friend who somewhat mentored me on how this market works, I didn't know that there exists this means of earning in such a new and technological way. Having to venture in something that is up-and-coming, it was really exciting for me to explore something new that I could also earn from. It's hitting two birds with one stone, and it was really helpful. Up to now, and when I started, ICO bounties has been my bread and butter, some good, some bad, but I am lucky enough to have chosen good projects over the past few months. |
|
|
|
Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.
I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
That may be a good idea mate, but unfortunately, I can't totally support you with your idea. Bitcoin, although it is true that it could be that much valuable to do a lot of things would still be quite uncomfortable to rely on it that much, especially if you would utilize it as a source of income. I agree that that can be done, but you first have to really have a lot of savings because, in the months I have been in this market, I have come to learn that returns on your ventures could take months at a time to be realized, and for most of us who don't have that much savings, it would be hard to just blindly believe that your investments could be your source of income to provide for your needs. |
|
|
|
So my question is.
Are you investing into Bitcoin purely as a investment?
Or are you investing because you believe in Bitcoin and the technology?
Back when Bitcoin started i feel people invested, because there believed in it, and wanted to see it change the world.
Now days i feel people only look at it as a way to make money, and don't really care about the future of it.
Whats peoples thoughts?
I investing in bitcoin cause I believe the technology of bitcoin. And I think bitcoin change the world to become better and successful. And I know bitcoin will grow all over the world cause they give high profitable income to reduce poverty. I agree, and I think that it's important. It would be too difficult to rely on something that you don't actually believe in. Also, since money is involved per se, it would not be a smart move to invest on something where you can lose money if you actually do see it as something profitable in the end. Although investing in Bitcoin takes a lot of patience and courage, especially nowadays when most coins including Bitcoin is going down, if not, have an erratic market movement, if you don't believe that it would bring you any good in the end, it would be really hard to gamble on it. |
|
|
|
Many people ask, should buy Bitcoin at this time or not. Let the price down and buy interest for high .. For me, Bitcoin is always valid. Because of the news, social networks have made clear about the strengths of Bitcoin, and you certainly know what
Recalling the past, Bitcoin 2011 increased from $ 1 to $ 31 in five months. It's already high, but growth does not stop there. I believe so, because every second, every minute passed, people are home to friends are introduced to Bitcoin. Sure, there will be growth in the future.
I agree. It's not actually the price of Bitcoin you should concern yourself with, instead, it should be your own guidelines like your profit goal and the capital you're willing to shed out. I mean, whether the price of Bitcoin is high or low, investing in it is always an option because it always has the capacity due continuously increase in value. Bitcoin, once it surges, would have that capacity to double or even triple its current value, wherever that value sits, thus, if you want to start now, then by all means, buy Bitcoin. However, if you want to be smart, then just wait for the time when you can buy it for less. |
|
|
|
As the age of cryptocurrency comes into full force, it will facilitate a subversively viable taxation avoidance strategy for many of the technically savvy users of peer-to-peer payment systems. In doing so, cryptocurrency use will act to erode the tax revenue base of national jurisdictions, and ultimately, reposition taxation as a voluntary, pay-for-performance function. In this post, I cover some of the benefits such a strategy will have for cryptocurrency investors, why our notion of taxation is ripe for disruption, and why cryptocurrency taxation is enabled by default. Read The Full ArticleAlthough that may truly happen, I think that governments would not let people just circumvent them and the law like that. Therefore, if you see that since there are some features of using cryptocurrencies that could be used to avoid the imposition of taxes, I am sure that government entities would find a way to use that to their advantage and capitalize on it, because after all, the cryptocurrency is a big market that could really bring in a lot of revenue. Also, taxes are the lifeblood of any government, so I don't think that they will just let any system decrease that, because in the end, it's the people who will suffer. |
|
|
|
What are the best bounty campaign that really pays your work? Have you encounter some project does not give the whole payment?
I think that depends on the bounty you would choose, for one, signature and social media campaigns in bounties pay the highest because they are allotted with the highest percentage ranging from 25% to 40% to the range of even 50% for some projects. Therefore, having that big of an allocation, it could be assumed that if such project would meet its desired investment quota, then it would surely get you a bigger return. Now on your question if some projects don't give whole payments, or worse, not pay at all whatever the case may be. Yes, there are. They are either scam projects or those that unfortunately didn't reach their quota, and is basically, a failed project. That's just one of the risk that people in it must carry, though. There is no guarantee in this market. |
|
|
|
I think cryptocurrencies are fantastic for bypassing the corrupt banking system. However, I think one of the problems with cryptocurrencies in the future will be that very few people will have them or will be priced out of the market because they have risen so much. I was wondering what the solution to the problem is and thought a cryptocurrencies that has an inbuilt universal basic income would mean it would reach more of the human population.
I agree. I think it mitigate how a select few of powerful and rich people control the market, the business systems and currency exchanges. At least with this new kind of currency technology, more people can venture and explore using it in different means whether as a currency, as a market medium, or as a trade medium. It also helped diversifying the currency market in a way that it doesn't only help the already powerful currencies, like the dollar, to rise even more because the presence of cryptocurrencies helped in spreading the wealth. |
|
|
|
Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
I think the governments are just trying to safeguard their people from probable scams and schemes brought about by investments in the cryptocurrency market. It is normal for governments to release advisories like that to warn their citizenry about probable scheme-creating ventures. Also, I think that it became critical in India because many people there are always in search of something to better their lives. And as you know, people who are in that could be convinced easily, and that susceptibility, could be exploited by people who wants to take advantage of people. |
|
|
|
China's three major virtual currencies trading platform Bitcoin China, Coin Network, OKCoin currency have announced that they will cease trading business, the Chinese regulatory authorities so resolute and beyond imagination. I would like to know why China prohibits bitcoin. What is the reason, who can tell me? This is the news link I saw before： http://www.myzaker.com/article/59bf055a9490cb703500002b/My guess why China is doing that due to the fact that there are so many coins being introduced by Chinese developers. If they can control the already established and big market coins from being used in their country, that can help in the introduction and marketing, and in turn, in the proliferation of their coin in the local market up to the global market. China is a big market in everything because of how big their population is, thus, if they can start in the promotion of a coin, there is always a chance for it to catch up and shift to the global market. |
|
|
|
What is the best choice regarding investing in these coins? Lately I have sold my Ethereum and now I am waiting for the right moment to buy them again, but shall I also buy Ripple and Litecoin? I think Ethereum and Litecoin would be my choices here. Their values are high enough to give me good return once I invest in them. Also, they command more support, and thus a higher usage rate that could contribute in helping their price point boost. However those two coins better fit the bill of a long term investment because although they have better price points compared to Ripple, their gains are slow and take some time to gain substantial profit. |
|
|
|
https://www.telegraph.co.uk/news/2018/03/06/cambodia-expected-follow-venezuela-plans-national-cryptocurrency/Cambodia is considering the development of its own national cryptocurrency after being inspired by the launch of the Venezuelan Petro in February.
The Cambodian crypto project would be named Entapay, and is expected to be proposed at a blockchain summit of Southeast Asian nations in its capital, Phnom Penh, on Wednesday, which will be attended by the country’s deputy prime minister, Men Sam An.
A press release issued ahead of the summit described Entapay ambitiously as “the connection between integration payment of encrypted currency and the real world. It has the great potential to even replace Visa as the new mainstream payment mode.” I have nothing against Cambodia, I love that country and its people, but they should make a serious attempt to have a real currency of their own first, before they even think of cryptocurrency. As things are in Cambodia nowadays, one is perfectly OK paying all one's needs with US dollars, they are semi-officially recognized means of payment there. I think it needs to be regualted first, and then they can think of introducing a cryptocurrency. I agree. Cambodia's currency, I think, is one with the lowest values compared to other currencies, especially those in Asia, if they want to improve their stance in the cryptocurrency market, I think that they should first tackle the problems they have with the national currency, and once they empower it, then it could be easier for them to incorporate another currency in their system that could interplay with their money, which could add value to whatever cryptocurrency they would introduce and maybe add value to their currency as well. |
|
|
|
Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
That's always a possibility, and many people are actually always thinking that that situation may be looming, especially when the value of Bitcoin goes down for long periods of time. I think many underestimate Bitcoin and don't trust that it has the capacity to overcome the loss and regain its value back. I can't blame them, especially when their money is involved, but then again, if they truly follow the market, then they know that Bitcoin has the capacity to surge. Having said, I think the possibility of it losing its value would come if less and less people would doubt and stop doing business with cryptocurrencies. If that would happen, it would surely slowly fall down and die. |
|
|
|
Are Airdrops and Bounties really leading to a successful coin? There are so many out there this time.
Or are they mostly shitcoins, disappear or using your emails for phishing?
Have you ever participate to one with high profit? How long was wait for that?
I think most of them are just bullshit and time wasting and not worth putting some effort in.
Maybe; however, I find bounties more useful in the marketing and propagation of a coin instead of airdrops. Bounties tend to urge more people to do transactions with that specific coin, especially when they themselves are joining in such bounty. The more people see its progress and the idea that they are somewhat a part of it gives them that sense of ownership that they should do something to help the coin gain and prosper, because in the end, it could also help them have a better return for the coins they are holding. |
|
|
|
|
Show Posts
