ETH is more potential to be the best investment option after bitcoin. Despite all negative rumors, i still confidence to hold ETH for longterm, or speculate. Many advantages that i have achieved from this altcoin.
Yes ETH has been performing very good since the beginning of this year and it will continue its performance even in coming months too so I have very high expectations from it and in future it can yield best profits for me on my investments and apart from ETH I believe LTC and XMR have a great potential to shine in future. |
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If you want to earn more bitcoins then you need to multiply your efforts and you also should find multiple ways of earn it as depending only on single source of income will never give you more income in bitcoins so depending on your skills you can choose different ways to earn it.
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I think it generates new opportunities for freelancers and even normal jobs, since there are websites like Bitwage.com, which allow people to work in exchange for Bitcoin. Here in the forum there are also opportunities, of course.
Yes there are many freelancing sites that pays you in bitcoins and there are multiple jobs available on those sites so a person who don't want to work for any other company and wants to his own boss then working on bitcoins is the best solution for him. |
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If you are addicted to alcohol then its gonna ruin your life and it will be your family who will have to face the consequences of it and if you are a drunkard then there are higher chances that it will lead to breaking the families and even the relationships.
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If you are in the cryptocurrency world, I think everybody here wants to earn and save for the future purpose of having fun like travelling and buying the things you want. Also, it can be a way to pay you life insurance just to be sure with you future.
People who are treating bitcoin as an investment will never spend their bitcoins for fun or for shopping instead they will try to make as higher profits as possible by selling it at a right time so that they can have higher amount of fiat in their hands. |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
The main reason why those holders keep holding on bitcoin is because they are waiting for bitcoin to reach $5000 and up. That was their main reason and that was actually they talking about ever since. To get the highest rate price of bitcoin and for more higher profit. $5k is possibly to achieve in this year but there are many people who are holding their coins so that they can sell when price will go to $10k level but not all will be in position to hold their coins that longer and will start selling when they will see price of $5k. Yes, I think there have no particular time to buy Bitcoin as Bitcoin always precious. At least our past experience indicates that, holding Bitcoin all time profitable. Don't need much fear of the market speculations, it's normal. Yes short term fluctuations is very common in bitcoins so even if price goes down in coming days we should not be worried about it as in long term price will surely go higher so holding bitcoins is the best decision to make to gain higher profits in future. |
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In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business. Everything failed and I lost my money. Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore. I will just keep my btc funds in the wallet and wait  Majority of users have lost their money by investing in those ponzi sites but that was an learning experience for us and now we will never repeat the same mistake as it will be more painful now to loose bitcoins when the price of bitcoins is too high. |
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Investments in bitcoins should be made in a long term basis and short term investments suits only for altcoins.Bitcoin does not give huge returns in short period of time.Bitcoin price has raised from $850 in december 2016 to around $3380 today in just eight months.So,longer,we hold bitcoins,larger will be the profits.
Yeah if you want to make good profits in bitcoins then you should have patience to hold if for a long term as you cannot make huge profits from it in short term but make sure that you sell your bitcoins when you are making good profits from it instead of getting too greedy. |
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Selling bitcoins never doesn't make any sense to me as I will always sell my bitcoins when I am making enough profits from it but I will also save some of it for future to sell at much higher price as I don't want to regret by not selling at the right time.
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My earnings in bitcoins is very low so I don't have any special plans with bitcoins but I will try to earn it in the best possible ways and try to save whatever I earn as if price goes in millions in future then even a small amount of bitcoins can make me rich in future.
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Despite its volatility, some people feel safer holding Bitcoins instead of fiat. Maybe because they live in a country with high inflation, or they just don't fiat system. Others hold it for speculative reasons, because they expect it to go up in price.
Majority of users hold their coins to make higher profits in future and saving bitcoins is more beneficial then saving money in banks as interest paid by banks is too low and inflation will take away all your profits so the best thing would be to invest money in bitcoins and hold it for a long term. |
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Sometimes the greedy it is not good, so I sell a part when the prices is very high. but so far the price is very stable at the top level, and there is no negative news, so I am sure it will continue to going up. But why I still selling it? because I need and have to sell it in part Well that is the right thing to do as whenever we are making good profits we should sell a small portion of it as we can buy them back when price goes down in near future as only holding will never help us in making profits and it can be risky too if price drops. I agree with you, that is the right thing to do since bitcoin is not stable and it is very volatile. If you will sell your bitcoin right now and buy back when the market is falling down then you can buy more bitcoin than the amount that you are holding as of now. Be smart and always think like a trader and not only as an investor. Very well said as our main intention is to make profits and that is possible only if buy and sell it regularly and at a right time as only holding will give you one time profits but to make regular profits buying and selling should be continuous process. |
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In the year 2018 I see bitcoin trading around $5000 as that is likely to achieve in coming months or may be next year but I don't think that it can achieve that high price of $50k in this short span of time its too high to expect from bitcoins.
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When I told my friends about bitcoins last year none of them were interested and didn't listen to me but now when they saw price getting higher and higher they are insisting me to teach them more about bitcoins but now I don't want to waste my time behind them.
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Bitcoin price is very active and it continue rising. So I think it will reach this year upto$5000 but we all know price is volatile and it is possible to reach at that price.
Anything is possible with bitcoins and no one expected that it will cross $3k price this early so I am hoping that price will touch $5000 in this year and I am holding my coins so that I can sell when it hits that price to gain maximum profits. Majority of people before's knows bitcoin for having a cheap price and some of them doesn't believe that the price of it would go far as for todays price and theirs only few people been lucky to buy when the price is at the beginning of it, And for now anything has a chance a might we would gonna see some major uplift to the price of bitcoins since theirs no doubt that the adoption of bitcoins are pretty much going more wider. Exactly the adoption is increasing day by day and that we can see with the increase in the price of bitcoins and it will continue to rise in future which will take price to unexpected levels and there would be no surprise if we see $5k price in this year. |
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It is better for me to invest than just save money. Of course, there are risks in investments, but with the proper allocation of funds, you can earn very well instead of simply storing.
Yes you can minimize your risks if you have done a good research and found the best places to invest your money and you need to make sure that you diversify your investments and not invest all your money at a single place. |
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Bitcoin will be worth $ 4,000 at the beginning of September. We will see rising prices in bitcoin because the shift from investment in dollars to invest in bitcoin is only gaining momentum. We observed no growth of bitcoin prices is the fall in the price of the dollar.
Even if it doesn't gets there in September I am sure that we will see that price at the end of the year or may be in the first month of the next year and price is moving higher now so lets hope that we will achieve this price in next few months. |
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Absolutely.Instead of investing bitcoins in altcoins and trading which does not guarantee profits and which is very risky due to the volatile nature of altcoins,just storing our bitcoins in our wallet for six months would sure help us to double our bitcoins.Bitcoin has almost increased four times of its value in past eight months and so its possible.
With saving bitcoins you can only double your profits and that also if price of bitcoins gets double in future but you will never be able to double the number of bitcoins by simply saving it and if you want to double your bitcoins then you need to invest it in trading. yes i agree investing is the most common way to gain more profit .buy it in low price and then hold it for a long time.then sell it if its price rise as simple as that. It sounds simple but majority of people cannot hold their coins for a long term as they easily get panic when price starts going down and in that case they start dumping their coins at lower price and smart investors takes an advantage of buying it at lower price. |
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If you are already satisfied with your profits from bitcoin now then you can sell it and make sure that you will be spending the money right because if you will not take care of your own money then other people will take care of it. The price of bitcoin is high as of now but if you can wait a little bit longer then you can be happier because the price will likely to hit 5,000 USD soon.
Yeah its likely that we will see that price very soon in this year but if a person is making good profits with current price then I don't see anything wrong in selling some of his coins but he need to make sure that he keep some bitcoins for future. |
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Depending on the entry price you can decide what to do with your coins as I bought it when price was below $800 last year so I had no issue in selling when it crossed $3300 as it gave me good profits and selling at the right time is the best thing to do which I did.
That's right, i have the same experience with you, but i think it's better to hold it for now, because a while ago the bitcoin price is weak enough but now it's already back increase and it seems will keep moving upwards. Price is moving in a positive direction so there is no risk in holding it for next couple of months and may be we will hit $4k very soon and that would be a really good price to sell your bitcoins and for the same reason I am holding my coins. |
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