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Here is what is going to happen: the founders of that company will dump their billions, and let the vast majority of investors holding their bags. It will be like BitConnect, but 10x the proportion.
I'm not saying it will happen in the next month, or year, but at some point it will.
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It can be profitable, and in a few occasions developers deliver the product. But it doesn't mean it is a good way to invest. I would prefer traditional investments, where developers are not paid before the product is delivered, and regulation prevents them from running away with the money.
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I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?
If you're already making considerable gains with sports betting, then decides to invest that money in another type of betting, that's actually a terrible mistake. And it doesn't matter if you are a newbie or not. Gambling is risky to all kinds of people. |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? Investing in ventures and businesses is quite risky, and if you don't know how to identify the qualities that make something a good business, it can cost you a lot of money. In that case, holding seems to be a much more reasonable decision. I'm planning to hold most of my coins long term, but if I see unique opportunities, with real potential for profit, without exorbitant risks, why not? |
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Choose to trade instead of holding might look like a good idea, but the true is that in most cases it isn't. History has shown that people who invest in a good asset and hold for the long term manage to outperform most traders.
The problem is that you hear more about people who make a lot of money in this market, and little regarding those who lose money, which are the vast majority.
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It depends on the type of service you're using. In some exchanges, that is quite simple, some of them even allow to buy with credit card.
If that is not enough flexibility for you, there are plenty of other options at localbitcoins.com
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If you are not satisfied in growing your portfolio in terms of fiat, I mean, by holding Bitcoin, you can always go to the trading option. But I tell you, it is statistically proven that there are few traders who make more money than long term holders, when they're holding the right thing, of course.
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i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.  what is your opinion? It will only depends on the person if he/she is really into trading if you are working hard daily checking the charts and the movement of the coin and doing some analyzation then this is what a professional trader is doing and it will really lead you into more money. In my opinion those who lose too much profit in trading are traders that doesnt do well obviously and just want to switch on other jobs that are related to bitcoin. You're right. Most often long term holding is more advantageous, but some people can not afford to live only from their holdings, and trading is a way that allows them to have bigger gains. For some people, trading is not an option, it's a daily job. |
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The correction of the market value of Bitcoin is in progress and may likely reach negative ten percent before any further move towards $5,000. Its lowest market value today on Bcn.com was $3,975 which indicate - 6.87% decline and before it can get a momentum to reach or break $5,000 resistance, correction may likely reach - 10%.
I'm also expecting for a rise in this range. Maybe there will be more forces favoring a price increase when we see people dumping BCH to buy Bitcoin. |
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Lmao that voting poll.
Can you link me to the ANN thread please? Would be good if you add it in the main post.
Hilarious, indeed. Also, Bitcoin Cash, Ethereum Plus... these guys really need to put some originality in this. |
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In some countries this practice is illegal using fiat currency, so Bitcoin (and some alts) are the only option they have.
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Unlike some people think, we are at a very early stage. Revolutionizing the global financial system is something that can take many years, maybe decades. And if Bitcoin is already able to solve problems in your life, it's definitely worth it.
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There is something that needs to be improved that is not a problem in Bitcoin itself, but in the ecosystem. I think users need safer wallets, so they will not be forced to buy hardware wallets to have a higher level of safety.
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The question that always pops up... Well, this is something that depends on your needs. If you want something to store value without taking too much risk, I think gold is a good asset. The problem is that this is easily confiscated, you can not get on a plane and cross a country, for example, without being noticed by local authorities. Also, this is not something you can send over the internet with just a few clicks.
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We will likely see the price retreat from now on, but I think a lot of investors will be willing to hold until Litecoin gets some progress regarding Lightning Network.
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It's a huge list... As far as I know, it's not against the rules of the forum.
I'm not sure if you could get a good price for this, but maybe you have good chances if you find someone trying to promote his project.
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I would be surprised if anyone could do that. It is unlikely to get a good return on a daily basis. There are cases of people who have earned enough money to live, however this is not the result of daily gains, but of moments in which such people have invested big money and were lucky.
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Hardly would I recommend some other investment besides Bitcoin, but if you can afford to take bigger risks, you can play with some altcoins, not putting too much money into it, of course.
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Bitcoin is staying strong without the ETF hype. I think that from now on the event with the greatest potential to influence the price will be the segwit activation, but with the division that is taking place in the community I'm not sure if this is going to happen.
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Does anyone know why Dash had a 15% increase in the last 24 hours? It's just a curiosity, I think it's too late to buy.
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