For me, bitcoins is better than stocks or real-estate because it fluctuates rapidly, in just an instant you will earn good profit if cryptocurrency moves smoothly, While real-estate moves slowly. That is why most of investors focused on cryptocurrency now a days:)
For those people who are not conservative with their money and are not willing to take risk might choose real estate, as we cannot really force people what industry to choose when it comes to investment no matter how we encourage them, but for those who are risk taker the best option would be cryptocurrency.
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Bad news??? The market is emerging??? New laws Or what? All the above could contribute towards the decline of the value of our coins but as for this new year 2018 i think laws(regulations) are whats putting stress on the market but once this gets out of the way we should be going to the moon. Yes, the new laws and the banning from countries that were flourishing good on the cryptocurrency usage is the major reason for the ongoing price dump. Periodically the price gets retained making people understand the real scenario and believe in the price recovery and mark new ath. Even if there are lot of countries that doesn't ban bitcoin still they have a big impact about the dumping of the price, we are all investors of it and we are contributing for the price of bitcoin and sad to say that one of the reason for the sharp dump of it was the creation of panic for all investors, whenever they are seeing bitcoin price slowly dumping they are beginning to worry about what they have and selling some of it or worst all of their coins.
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I have a friend as well who invested in this kind of Ponzi Scheme despite of my warning about this they still take the risk and now regretting that they did not listen to me and regretting they have invested in it. Some would really take a risk in a different way just like this one, they wanted to have an easy money so that they can achieve their desired dreams in earning, well marked this a lesson for everyone.
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I understand that holding will give you the most parabollic benefits out there but I also enjoy trading a lot, and I think it is necessary to keep every coin alive, I would separate a small or big amount depending on your economy only to trade, while keeping your portfolio intact, this is the best approach I think.
well we will always have a different point of view but at least do it based on your own passion , based on your needs. just remember there always a risk involved. holding have a risk in term of missing the opportunity to but at the dips. when trading have a risk to lose the profit piece by piece as human nature to want more profit and you become greedy. Well, we do have some point of view in any aspects, but we have to face the reality here in holding bitcoin, why not holding a coin if that would make our life comfortable right? besides, that is our main goal why we are here to have enough coin that can fulfill our life, it would be just depend upon us if how we are going to take risk for the sake of our family.
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I am not really a fan of other crypto currency other than Bitcoin and Ethereum which has gained my respect, well for those interested in having a coin other than those 2 coins, do a thorough research about the coin, exchange that you will use and how much money would be enough, for those who are just beginning I highly recommended to first try at a minimum amount and if you gather already your own techniques then you can add some of your capital little by little.
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Trading is very hard and you could easily lose money and time by trading. If you want to trade, start with small amount, about 1% of your portfolio And why ICO lending? There are tons of good projects instead of those evil ponzi schemes. Simply holding BTC, ETH, LTC or NEO, NEM ... any top high quality coins is already highly profitable. For trading, the most important thing which you need to have is some very good amount of knowledge related to that of cryptocurrencies and above all you need to learn the trading techniques first. I will suggest you to increase your knowledge first and once you will be having sufficient knowledge, only then you should jump into trading. Otherwise, you will end up losing money. Definitely, just bring knowledge anywhere especially in crptocurrency as this will take you to a good start and won't give you any panic at all, as the knowledge would be you weapon here, and it would come up you to a thought that most ICOs are shit and most of it are just existing to scam people by raising money and after that they would run away as if nothing happens so be vigilant in picking a coin.
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It is hard to see trading as fun when your money is on the line but if you can afford to lose the money you invested as capital then it is not that hard to view it that way. Trading involves a lot of psychological game and if you have no self control then you tend to lose cause you easily give up when price is not going where you wanted it to go. To avoid the situation of being depressed and worried of your trade then the solution to this would be a trading plan wherein you have an alternative action to every possible situation.
Trading is fun for me since I like analyzing charts and being a trader for some time now, I lose some and win some and learned the hard way and it is sometimes hard to accept that I lose sometimes because of my own stupidity.
Definitely true, because if you are really serious in doing trading you'll do it with enjoyment not for fun. Because if you dont make a right decision for you money then the tendency of it is to loss. And no wanted that to happen to everyone. So for me, do it seriously and spend more time in monitoring the movementvprice of the coin that you are holding. So that you could get a good profit by then. One of the ability that we should have is to have a passion in what we are doing, if we have that we could easily do something we want and could enjoy it. Just believe that we are on the right tract, if we would continue trading and to always consider this as a serious thing, then success would just follow us.
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It has a lot to do with our business, especially those transactions by making check, wiring we could also add to that is the use of virtual currency as a mode of electronic transaction. We could also use it as our insurance security, instead of putting our money in a bank we could also use blockchain to store our hard earned money since blockchain ledger reduces error by encrypting the records at the same time ledger simplifies the process.
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BTCitcoin is more secure than most existing financial services, including legacy banking platforms like SWIFT, which has been compromised repeatedly by hackers.
Bitcoin is safe, but lately is much less decentralised that it used to be and there is an architectural problem to it: Forks. Those make bitcoin value and sometimes safety quake. Why we can say that it is really secure? Well, as a matter of fact hackers have tried but have not been able to break in the system of bitcoin, although they can hack our wallet. The only risk that we are seeing from bitcoin aside from the security is its price too volatile which means we can't really sure about it since a lot of considerations took place with it.
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Actually, those who are believing in bitcoin in now a good chance and advantage to buy for it, believe that it will recover soon, so don't hesitate for it guys, if you have the money to invest go, if you have the bitcoin don't withdraw it all, as experts are saying it will recover this first quarter so we'll just to be patiently wait.
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I think it's impossible to do trade without losses, even the pro trader also got some loses too. The only we can do is minimum the losses by always update about cryptocurrency news and the coin that you trade and don't put all your money into 1 coin.
If that is possible we are all rich now, it really matters with how perseverance we are in doing something, I know that most of us here have a current job, but I know that there are a lot of people also became rich even though they have job they can still do this trading properly.
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By keeping emotions under control, we can be more successful at trading. The right attitude to ... By the term psychology we refer to the state of mind a trader should have while trading. .... If we generate bad thoughts, they will affect the overall thinking process – but if we input positive thoughts, the output will also be good It really helps a lot to do trading at the right emotion, we must remember always that we are doing our own path here in bitcoin, and we are the one who explores, so it really up to us if we want to change our status in life. Just do take risk and eventually success will follow.
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I don’t think all billionaires will be willing to buy bitcoin. most of them are business minded and actually thinks of various pros and cons prior to investing on something and they might probably have second thoughts for bitcoin. However there were surely other billionaires who risk bigtime for it.
yeah, but they can buy 10 btc just for the fun of it and in a month double their investment; either way no problem for a billionaire. It is so nice to have a wealthy life, where in you are not missing some opportunities that are coming such as this one, it is easy for you to to invest since money is not a problem unlike if you are just an ordinary person, you need to render almost half of your day working at office or operation. ..
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Holding is type of trading and if want to do holding trading and you have fear of holding then you need to judge previous history of what you are holding like bitcoin if the performance is increasing day by day then you don't need to fear such things for holding and this is the way that you can overcome fear of holding.
Just always look and imagine your future if you are having a fear in holding or investing in bitcoin, imagine what life you want to be? and if do you think that life you want to be can achieve with your just current job? of your job is not enough? if so, then don't ever make any hesitations, invest while you still have time.
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Yea, I think trading is the most easiest job as compare to other jobs like working with signature campaign, mining or investing. Trading is the only process of buying and selling. There is no such big technique involved while doing trading. Trading is also easy according to time managing as when you will free you can do buy or sell but almost those traders who are mostly judging price of BTC every time are making more profit. Because they never loss opportunity whenever price is increased or decreased.
Not an easiest job I think because you should work hard for this and you must be aware of what you are doing. Its easy to buy and sell but the question is when to enter and exit the market, and as a good trader you must know when. In bitcoin its easy to study the price movements but if you are planning to trade with altcoins then extra effort should be made. This is easy job unlike if we are doing our duty at a real job, toxic, pressure, stress yet we do have same salary, worst thing is that sometimes we skipped meals due to overload of work, just to do our job right and of course to recognize for the promotion and for salary increase and yet nothing happens, at least here in bitcoin all hard works are worth it.
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I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....
Job and trading together is good because while you have a fixed salary You have another profit to wait as an extra income. Which we need because of very expensive of price value to buy now. Our income is not enough so we need an extra income. Since bitcoin really changes from time to time, so I think that doing bitcoin and job together will really make us rich as well as doing signature together, if you can do it why not? Yes, trading is risky, but if we will just learn to manage our time properly we can do both of them, if that what can make our life change why not.
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i have read tons of prediction about BTC price by the end of 2018, going from 1million dollar back to 500$ each. Guess what? we can't know what will be the price, you can sort of foreseen on a weekly basis but by the end of the year it's almost impossible. Like most of the users already answered, this will not happen because there is way to much attention dragged to BTC and at this point, the lowest it can be around 10k or a bit less. There are way too many people involved, companies and investors to let it drop to nearly 0.. on the other hands, everything can happen just depend on the environment around BTC and crypto in general.
Even the experts are having a hard time in predicting the value of bitcoin, honestly, I don't know what to do with my holding but what's in my mind is to just hold what I have, if it will be worth a $500 let us see, but I think it could not happen, it will still recover after a month, so I'll just patiently wait for it.
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For a great project like this for sure this will become successful and this can help many users to acquire more knowledge from it that's why many are interested on this project.
Actually, it is one of the most talk of the town in the name of ICO's at it has really a great idea that every people are getting interested to, so no doubt that it will become successful, cheers for the upcoming celebration guys!
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As a person, it is practical to use or to invest in a coin which earns the trust of many people just like bitcoin, so for me I won't waste my time in some coins, but still trading as well in some altcoins just like Ethereum, most of the people were just wise in investing and they want the assurance so they are choosing bitcoin.
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We can not say that all banks in the world lose bitcoin. The bank has been scattered all over the world but the bitcoin is not quite well known by most people. But if the bitcoin is known in the world, I think it's not going to lose the banks anymore. Is it because of the fact that most people in the world are already using that money when they need it? Will they withdraw from the banks and when they need to save money? at the bank they will also be allocated. And that's my opinion not to lose banks even when bitcoin spreads. We cannot eliminate banks, in fact we need banks to know bitcoin more in the world, one of the most trusted institution in the world is bank and if banks were already accepting bitcoin in any transactions a lot of people will encourage to know what bitcoin is, they will not be afraid because they know that it is legal.
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