Tmandeep
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May 04, 2018, 05:02:06 PM |
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The simplest way the Average Joe can invest in Bitcoin is to outright buy some. Buying BTC today is simpler than ever, with many established firms in the US and abroad involved in the business of buying and selling bitcoins. For investors in the USA, the simplest solution is Coinbase. The company sells BTC to customers at a mark-up that is usually around 1% over the current market price.
For Americans, Coinbase has an option to link your bank account to your Coinbase wallet. This makes future payment transfers easier. The company also offers automatic bitcoin buying at regular intervals. For example, say you want to buy $50 in bitcoins every 1st or 2nd of the month, right after you get your paycheck. You can setup an auto-buy for that amount on Coinbase. Take into account a few caveats before you start using this service. If you issue an automatic buy order, you will not have control over the price at which the BTC is bought. Next thing to note is that Coinbase is not a bitcoin exchange, you are buying/selling your coins directly from the firm, which in turn has to source them from other buyers. This creates issues or delays when executing orders during fast market moves.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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Prinox2
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May 04, 2018, 05:02:40 PM |
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Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
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Ayaancool
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May 04, 2018, 05:10:51 PM |
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Bitcoin is a crypto currency, if bitcoin is dangures then all the cryptos too dangures like bitcoin. The up and downs of value based on its demand in crypto market. This risk included in whole cryptos. But we have to face this risk if you have a wish to earn more money.
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simantobd
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May 04, 2018, 05:59:38 PM |
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It is risky to invest Bitcoin when it goes down and when it goes down, it does not go right. If you buy Bitcoin for a longer term, you may be able to profit because of price increases. But if the price decreases, you are more likely to suffer. So Bitcoin will have to invest in thinking. Investing in Ikote Bitcoin I think less risk father
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roshanface123
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May 04, 2018, 06:09:45 PM |
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There is nothing more or less risk in case of bitcoin. It contains the same ratio of risk that the other cryptos have.As per the popularity and experience in crypto market comparatively low risk is in bitcoin, so I think its the genuine crypto.
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GeorgiyBilyk
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May 04, 2018, 06:58:13 PM |
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investing in bitcoin is a very profitable business! if you look at the past years, how capitalization has grown, you will see that it is growing in geometric progression! so I'm sure that in the next few years the price of bitcoin can increase several times! the more it is extracted very quickly and it gets smaller and smaller!
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cloudproject
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ImmVRse | Disrupting the VR industry
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May 04, 2018, 07:00:16 PM |
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Meh thats not true. All investing is risky you know not just about bitcoin and we just need to underdtand how it work and we can gain a profit from it
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Udrujec
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May 04, 2018, 09:50:04 PM |
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There are risks, but they are minimal. Cryptocurrency is gaining more and more trust from people, and even governments are gradually ceasing to see bitcoin as an enemy. Therefore, invest and do not be afraid.
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binmu29
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May 04, 2018, 09:51:59 PM |
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There's is no danger in in investing in bitcoin, it has less risk compare to ICOs and other cryptocurrencies.
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Dondisimo
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May 04, 2018, 09:54:10 PM |
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Yes, bitcoin is not stable yet, its price is constantly rising, falling, but this does not mean that investing in it is dangerous. Bitcoin volatility is a normal phenomenon, it allows us to earn. So nothing to fear.
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jhonnydeep87
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May 04, 2018, 09:55:18 PM |
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To invest in bitcoins it is safe and harmless. It depends entirely on you. You can continue your research on bitcoin markets and invest in secure bitcoins. If you can not know the details of bitcoin and its market policies you can fail and be harmful.  |
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klarki
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Top Crypto Casino
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May 04, 2018, 10:08:38 PM |
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Bitcoin is a high-risk asset without a doubt.
If you are financially constrained, I would recommend to refrain from buying this asset.
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Sumo
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May 04, 2018, 10:18:55 PM |
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If you protect your bitcoin by organizing the right storage for it, you can avoid the minimum risks that are present when investing in cryptocurrency. So be afraid of nothing.
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