Trading or investing ..does Trading pay more than investing
It depends because if your trading strategy doesn't work very well; it is not more profitable than investing. Both investing and trading is a risk, but trading involves a higher chance of risk and a higher chance to get a good profit as the price increase and decrease in a short amount of time. While in investing, it takes a long period for you to be able to get high returns.
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Bitcoin's price dropping to $ 30,000 is necessary and healthy. Because Bitcoin if it continues to go up without a correction first will be very dangerous. Moreover, if Bitcoin is corrected, it means that some large investors are taking profit, and also provides the opportunity to be able to buy Bitcoin at low prices. I welcome the price correction that is happening in Bitcoin at this time, this gave me the opportunity to be able to buy Bitcoin at a low price. And I also believe that the correction that is happening now can make Bitcoin rise even higher.
Indeed. It is dangerous if bitcoin will continue to rise without a correction. It will become a more extremely volatile asset; that is why it is normal and healthy for bitcoin to drop to $30,000 suddenly. Many people also say that bitcoin correction is coming, so it is the best time for people to rebuy bitcoin to make its price higher.
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I bought Bitcoin a few days ago for12 thousand dollars. At that time the price of one bitcoin was 28 thousand dollars. At present, the price of Bitcoin is 37 thousand dollars. Which is really good news for me. I made a post after buying bitcoin to see if I made a mistake in buying bitcoin. I was convinced that I had done nothing wrong and that it was now clear. Below is a link to my previous post: https://bitcointalk.org/index.php?topic=5305436.msg55985225#msg55985225Buying bitcoin is sometimes all about the right timing because the time you have bought bitcoin, which its price is still for 12 thousand dollars, is still high in the middle of October 2020. Also, bitcoin is starting to have a good momentum to its price at that time; that is why you are lucky enough to get a good profit this year of 2021.
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So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.
Indeed. It is sometimes hard to control yourself or have the patience trying not to panic sell in all of your holdings when you see the price is getting low. It is why you need to make a plan first before buying or investing in a cryptocurrency for you not to overthink about your holdings when you see its price is making a dip.
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Anything is possible in bitcoin today because it already made many unexpected outcomes to its price in the last year of 2020 and this year, 2021. I hope that bitcoin would not go down below $5K again because it will take a long time to get back all of our losses, but if bitcoin goes down, I hope it will not be worse than the last year, 2017.
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as more investors work on scheme with the funding the project helps as referring good returns with the future. different consideration as investors comes with decision on invest, maybe more supports with the community helps as improving confidence.
Scheme project promising will give good return with their project in the future but what happen last few months after project working and not have new member to buy their coin, so old member have get much profit but new member nothing get, maybe most quit when getting new promotion coin with promising at the future price pump or anything, I think better join an ICO project or invest on bitcoin or potential altcoin never waste your money for scheme project. There are only a few existing ICO projects nowadays because most ICO projects way back in 2017 and 2018 are scams and unsuccessful that they didn't have a chance to reach their soft and hard cap. It is why you are lucky if you have participated and invested in a successful and promising ICO project because it will help you get a considerable amount of profit. If you wanted to gain profit in crypto, you should do adequate research about crypto projects and invest in top coins in the market.
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Not certain how long these bans will remain in effect. Biden could overturn these executive orders the second he assumes office? Perhaps this could influence china into taking a less harsh stance on crypto exchanges and mining in the country. If Trump bans all of china's fiat apps then bitcoin and crypto would be the only things they had left? India already banned over 50 Chinese application in the past few months and it was expected other countries to follow suit because the reason they said about the ban is security reasons. To be frank taking strict action on cryptocurrency exchanges will not help anyone as the business is run by their citizen which will help in providing more jobs and the crypto space has nothing to do with any specific country. Like in the US, Trump also stated that he had banned Alipay and seven other Chinese apps because it threatens their national security. But do you think Trump and India banned these Chinese apps for protecting their security or due to different reasons that they don't want China to have a better economy because many people are into their products nowadays?
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Unang-una sa lahat bakit mo ipapaalam sa ating gobyerno na kaya mong kumita ng PHP250,000 sa loob ng isang taon. Mayroon nga akong kakilalang pinoy na kumikita ng mahigit isang milyon sa loob ng isang taon, pero hindi parin siya nagbabayad ng tax gamit ang kinikita niya dahil sinasarili niya lang ito at hindi pinaalam sa lahat para sa ikakabuti niya. Karamihan kasi sa tax na binabayaran natin dito sa Pilipinas ay walang napupuntahan na ikakabuti sa ating lahat dahil kurakot halos lahat ang gobyerno natin.
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The current price of bitcoin is $30,000+, and I don't know where bitcoin's price will head because not only is bitcoin dropping its price, but also stocks and gold have decreased, so I think bitcoin correction is coming that its proper value will return. It is very depressing for others to see bitcoins suddenly fall again because it was really unexpected, but it's nice to see that some will be able to rebuy bitcoin.
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Elon’s story is one of the most inspiring ever. Others would say that it’s impossible for him to do this, do that, etc. Yeah right, but he did it! Thinking outside of the box! He deserve to get past Jeff Bezos as the world’s richest person. Well done Elon! Indeed. It is very unbelievable and surprising that Elon Musk has surpassed Jeff Bezos, the CEO of Amazon as the world's richest person, and many more like Warren Buffet, Mark Zuckerburg, Bill Gates, etc. But Tesla didn't win over Amazon because it is only about the richest person that it might take long for Tesla to overtake Amazon.
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Anyone have the idea for the best Crypto to invest in early 2021 for gaining high profit value
The market is still on the bullish trend that most cryptocurrencies have increased their prices; that is why it is tough for every one of us to suggest if what will be the best coin to invest with your money this year 2021. But I suggest that you should do your own research by looking at the top coins in the coinmarketcap or coingecko because mostly top coins are promising enough to give you profit in the long term.
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Suppose you want to avoid every fake or fraudulent bitcoin giveaway. In that case, you should avoid following every social media accounts that always post giveaways that are too good to be true and avoid opening emails and private messages that are obviously giving you fraudulent details about the crypto space because if you get deceived by these scammers, they will steal all of your essential information and funds.
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Bitcoin is making new ATH in almost every week.Now Bitcoin is going up to 50k which is good for its Holders,But those who are Altcoin investors are not happy for its booming.Let's see its journey towards 50k.
Bitcoins will surely hit 50k in January. This was already predicted when BTC crossed 25k USD. And the Altcoin holders shouldn’t be upset, as with the price booming of BTC, Altcoins price will also rise. Moreover all altcoin holders should be sharp enough to hold and sell and the perfect time. Let’s see for a prosperous and profitable new year for everyone. There is a possibility that bitcoin will reach its $50K price in January or February because more people and big companies are continuously buying more bitcoin that makes the momentum of the bullish market look good. Same thing with Altcoins because they also have good movement in their market price that they follow bitcoin's bullish trend.
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I don't understand why Google was letting this kind of fake wallet application in its Play Store if it will harm its users. It is the reason why some people hate using Android phones because they are vulnerable to unsafe applications that could get hacked or steal their funds.
So I thank you, mate, for informing us about this because not all of us can easily recognize the difference between a fake crypto wallet to a legitimate crypto wallet.
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assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
When bitcoin's price goes down heavily, the same as what happened in 2017 and 2018, I will hold my remaining bitcoin and waiting for its price to recover, and I will grab the opportunity to rebuy bitcoin while its price is low. Instead of panic selling, it would be terrible if I am already accepting the massive amount of losses, so it is better to take every chance than to escape it.
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To be honest, there is no specific time for a person to buy or invest his money in bitcoin, but everything is about timing that is sometimes a risk when you buy in crypto at a very high price, just like today. It is why I couldn't purchase bitcoin again because I am afraid of taking a risk that I don't want to happen, the same thing I experience way back in 2017 when I buy bitcoin near its ATH price.
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No. I wouldn't buy a Tesla car in exchange for my BTC because it has more value to me than a luxury car. People should be practical about spending their money and bitcoin because it is unnecessary to buy expensive things. After all, they all have the same purpose and usage, so it is much better to buy a regular car than a luxurious sports car.
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Do you see the MOVMENT of today's XRP? So is it appropriate for us to BUY XRP now?
It is tough to say what will happen in the next movement of XRP after the SEC issue in Ripple. Surprisingly, XRP's price survives that it didn't go down to zero because there are still a few people who continue to hold their XRP and still believe in Ripple so that XRP can recover its value after it resolves its issue in SEC.
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no this isnt slower as 2017 , cannot you see we climb 20k then 30k and within a few days we are now at 40k but on 2017 the price highest price btc achived are only at 20k at most and it took it almost a month .
why elections are involved here again ? the election are over and biden already won but anyway about the price if it will increase or will stay longer i think i will said yes because we already feel the increase since last year but yet we are still going stronger the longer we move on .
Indeed. The momentum of bitcoin's bullish trend is not slow as in 2017 because it is currently looking right that bitcoin already made another ATH price this week. Most bitcoin user's speculation didn't come true because we all assume after bitcoin reaches its ATH, it will go down the same as what happened in 2017. I also don't think that the US election is involved here because the governments mostly ignore the crypto market.
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This kind of person or gambler who manages to beat the casino through cheating is very unbelievable that I only thought it only works in movies. It is also why all magicians are banned in a casino because they use sleight of hand in their acts that a simple person can't spot a skilled magician's hand using their skills. If all gambler knows about this kind of cheating or how to win a casino, many casinos are bankrupt today.
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