As you see people saw the price of btc to be pretty high and increasing so they wanted to invest in it to earb profit too, the number of people who wanted to invest in btc kept on increasing. More the number of people investing in bitcoin, more would the price increase.Basically bitcoin's price is so high basically because it's demand is far higher than the supply.
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Bitcoin,was the originak cryptocurrency, so it's price is pretty high currently and it has more popularity than any other altcoin. You can't just call it 'shit', there might be other good coins with better security, but still bitcoin was the first to come and other coins came out late.Still if you see most of the people would like to invest in bitcoins and that is the reason it's price keeps on rising, still, if you want to compare it to any other coin you need to give their names, not just a statement like "btc is shit".
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I think you still would have alot of opportunities to get alot of profit through bitcoin and the other altcoins. Bitcoin's price is still going higher so you can try investing in it or wait for some time for it's price to drop and then invest in it. Alot of altcoins are profitable to, you can try investing into ethereum for a long period. You can still earn alot of money , so yeah better late than never.
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First of all, I don't think bitcoin can suddenly crash to such a huge extent, it's price might start dropping but it can't become 0.89 cents from 19.6k USD (current approx price) in just one night. Even if it's price drops, you should still hold your bitcoins i think and invest even more of your money into it as it is most likely going to rise again. The people who invest at such a time where the price is low can get a huge amount of profit when the price rises again.
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I don't think anything like that is going to happen. Even if it does happen it won't be happening anytime soon. I think some time would be given to everyone eho invested in bitcoin to sell their bitcoins and get their money back. The altcoins still might be available after bitcoin stops think, so most of the people on thr forum might talk about altcoins. But it won't be the same anymore as most people won't invest into cryptocurrencies anymore.
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Yeah, there are alot of coins currently and you can't just say that all of them are fake or real. Some of them are good and profitable, some are just the copied duplicates of others. Also there are some coins which are kind of scams. So you basically need to be very careful and do alot of research on the particular coin you want to invest in.You can also take help of the people on the forum and ask about the coin before investing in it.
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I think that bitcoin will become even more popular in 2018 as the number of people who invest in bitcoins keeps on increasing as more and more people want to get profit after seeing it's price rise.Still there might be a possibility that the number of people investing in bitcoin may reduce if they see the price dropping or something. But seeing the condition of bitcoin now, I think it is going to go even higher.
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You know you need to stop betting when you keep on losing. Some people do limit the amount of money they will use for gambling which would be a good idea. The people who don't have such specific limit might face alot of problems. As you lose money while gambling you would think of regaining it in some way or the other, thats what leads to heavier losses most of the times. Also you set a goal for winning, you should not be greedy if you won that amount and stop when to goal is reached.
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Actually i think the people who win alot of profits in gambling when they actually start to gamble become more addicted to gambling than anyone else. Just take a simple example, when a guy gambles for the first time and loses his money there is a little chance that he will use more money to gamble. He will most probably quit gambling. If a guy gets addicted to gambling he'll just keep on gambling even if he loses his money thats what you'll see in a gambling addict.
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I think you should just stop betting. You are saying you lost 16 times in a row which was around 0.06 btc, pretty good amount of money. There is no guarantee that you might win some money if you bet more, so I think you just should not bet any more. If you keep on losing you might even lose all of your money. Try to keep a limited amount of money for gambling, if you lose then just stop. If you keep on losing it would become stressful and you won't be having fun through gambling anymore.
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Well I think you should not play with your profit as it is very risky. Once you have earned alot of profit you should just cash out everything. As gambling is pretty risky and depends only on luck you might even lose all your money. Greed is a very big problem which will lead you to loss, so just cash out after you get profit and stop playing, try not to get too addicted to gambling.
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Well I don't think gambling can help you much in your life. If you win some money in gambling it can surely help you in a financial way. Gambling is pretty addictive for anyone and if you lose money you'll still keep on betting. If you lose alot it will cause alot of stress and anxiety. Gambling addiction itself is pretty harmful. You won't be able to stop until you can control yourself. I'd say gambling has more of harmful effects than it helps you.
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Well, to save money while you're gambling is one of the hardest things to do i think. It is really hard as you need alot of self control to do it. Everyone faces this when they start gambling. One thing you can do to save money is just don't gamble if you are not able to control yourself. Gambling is very addicting and even if you keep losing you'll still bet and lose more money. Just try to control yourself to save money or completely quit gambling. Also always keep a speceific amount of money for gambling, don't exceed that limit.
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Username:- SiDtHeBeSt Current rank:- Member Current post count:- 147 BTC Adress:- 1GUCUVC4Z1wGEGNZhs8deQvzFCz8rwdRpC Signature already changed. I hope i get accepted.
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Is there any space left for a member?
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Yeah exactly, people get panicked too quick when the price goes down a little bit. Alot of the people want profit quickly and don't have much patience to wait. I think there are still some people who don't understand the concept of long time investments in cryptocurrency and just want to get profit. As the speed of altcoins is slow they are supposed to be long term investments sudden boost of price is pretty rare, they just need to understand that and have patience.
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Investment in ICO can give you alot of profit, provided you invest in the correct one. If you aan't to go for investment in bitcoins i think you should wait a bit for bitcoin's price to fall as its price ks pretty high currently so this time not not suitable for investment in it. Invest in bitcoin when it's price falls and you see it rising again. If you want to invest in an ICO make sure you do proper research and invest in the ICOs which have good potential. Also, beware of the scam ICOs.
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No i don't think taking a loan to buy Bitcoin or ethereum would be a good idea at all. If you don't have enough money to invest you should not invest in cryptocurrency as you can't afford to lose the money you still have. And taking a loan just for investing in altcoins may or even may not work as there is always a risk for those to fail. I think you should first earn some money and invest only thag much amount of money which you can afford to lose.
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If i had 50$ first of all i would like to wait for the bitcoin's price to fall significantly. When it starts to rise again i would have invested those 50$ in it. As you know there is a huge possibility that the bitcoin's price would rise significantly after falling.The second option i would consider would be investing in Ethereum as it has alot of potential and a long term investment would possibly give you alot of profit as far as you invest in it at the right time.
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Currently you will be able to see alot of people participating and investing their money in an ICOs. Alot of people even get tricked by the scam ICOs as there have been alot of scam ICOs emerging and lose their money. So, I think if this keeps on happening with alot of people there will emerge a negative mindset about ICOs among the people and the number of people willing to invest in ICOs will decreast alot. Due to this I think the actual good ICOs will face alot of difficulties but this might just put an end to a huge number of scam ICOs going on.
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