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Author Topic: BITCOIN : Oppotunity Or Challenge?  (Read 1939 times)
Matildada
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February 23, 2018, 07:10:00 PM
 #101

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

Bitcoin is a good investment, if you want to buy bitcon , don't take out all your assets, don't borrow money from your parents investment bitcoin。For bitcoin investment is risky, crashed when it happened, you will lose a lot of money.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Kynner (OP)
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February 24, 2018, 09:48:20 AM
 #102

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.


you dare to sacrifice then you will get rich no one has, most people say if btc down i will buy but when it drops everyone is afraid to sell and vice versa, be greedy when others fear.

A great maxim, hoping that my risk is correct.
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February 24, 2018, 09:53:20 AM
 #103

I think both bitcoin is a great oppurtunity if you know him. Many people now are rich because of bitcoin and many proved it. Bitcoin alsi is a challenge because you cannot easly earn mobey on this kind of bussines. You need a stretegy on it and make some prediction about it on when to buy and sell. Because if wont do it. Maybe you will lose your profit.
Kynner (OP)
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February 24, 2018, 10:06:00 AM
 #104

For me, bitcoin is more challeging because it is extremely difficult to rank an account for a few months before it goes up and needs a lot of merit today so it's hard to get merit so the rank of my account does not rise. but I never lose hope I can get merit someday and also increase my account rank.

Did you mean your account in this forum? I'm talking about the bitcoin value, not the rank of bitcointalk, it seems you misunderstand me.
babarian
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February 24, 2018, 10:15:08 AM
 #105

all trades have its own risks, but it becomes a challenge for people who love trading, all going back to their respective beliefs, or not taking risks when they trade bitcoins
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February 24, 2018, 10:38:42 AM
 #106

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.


Do not know who can answer? I hope that those who have a lot of experience will come to the tutorial to get more experience from your topic.

I set this topic also aimed at the Newbie as you because I am also a Newbie like you, we learn together experience.
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February 24, 2018, 10:49:15 AM
 #107

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.



Its both an opportunity and a challenge. It is an oppurtunity because, on these kind of stage of life, having bitcoin as new kind of banking internet process is definetly a cool spot for everyone who invests. Its a challenge cause keeping your money and trusting on to the reliable source is a new story and for it bended that way is catch of eye!

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kaizie
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February 24, 2018, 10:49:38 AM
 #108

Think about it first before you do an investment, is your knowledge enough to start investing? All investment is risky also in bitcoin. Do you have the courage, if what will be the result of your investment. You invest a lot, if your own money will be used. Because if your investment is not successful and you lose no one will be mad at you because you own the money.

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SharkCoinerHD
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February 24, 2018, 10:52:20 AM
 #109

think it is better done with better timing like a post above said, with the example of buying higher in $20,000 and lower in $6,000. Check for timing.
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February 24, 2018, 11:08:05 AM
 #110

The risk of holding a crypto is borne by the holders of the crypto so that the security of a crypto depends on the holder, if cautious, always using security facilities and not careless in entering data on a web or site then the crypto is guaranteed to be safe. In my opinion, crypto is an opportunity to change our economy and in the process of the opportunity to produce something needs a challenge. Nothing is instant in this world.

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Clavulanic
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February 24, 2018, 11:14:00 AM
 #111

Bitcoin is no doubt risky investment, but it depends on people, bitcoin is opportunity to some and challenge to some. I think you should not borrow money to buy bitcoin.
For me both opportunity and a challenge to held for Bitcoin.I would say that because when you entered this kind of cryptocurrency this is a blessings and opportunity to expand your income.This is we called that opportunity comes once and we should grab it and make the possibilty to make you rich.This is also a challenge because the new rules now adopted for merits and you cant  rank up to the next level if you dont have merits.Its make as challenge its because its required constructive post in this forum activities before they give us one or maybe two or more.

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Kynner (OP)
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February 24, 2018, 11:24:45 AM
 #112

Crypto comprised by many ways to earn like faucets,gambling,trading and to join in campaign so we can say it's opportunity and challenge at the same time because we need to risk and spend our precious time in all of that and if you ask me this is big challenge to manage our time here,Crypto are ways to earn and to learn so it's both challenge and opportunity.

I thank you for listing the profitable ways I will find the most profitable way.
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February 24, 2018, 11:29:39 AM
 #113

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

Am sure you know that bitcoin is a risky investment and getting money from your parents is a bad idea but should you go ahead then don't invest heavily.
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February 24, 2018, 11:37:13 AM
 #114

Bitcoin isn't doubted any more, need long time if hackers want to attack bitcoin. At this time, hackers only attack market exchange because that market exchange have a bug and that bug which used by hackers. I never listen if bitcoin system has attacked. One way to make your investment safe is invest half your assets, and never lend money for investment or use money for daily needed, because we never know how bitcoin in the future.
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February 25, 2018, 10:43:25 AM
 #115

Bitcoin is a bubble indeed but more and more people are getting in its hype train. I suggest you invest more time in reading and researching on how and what bitcoin can do before indulging yourself into the cryptocurrency market. No one can really say that it is a good opportunity only you yourself can say it and if it makes you a profit or gains from it why not get involved on it mate.
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February 25, 2018, 01:18:26 PM
 #116

For me it's just because bitcoin is for me an opportunity, it gives me a good reward for everything I have at times bitcoin is a challenge in my life sometimes I need to spend my time giving me my full time bitcoin.
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February 25, 2018, 01:34:26 PM
 #117

Both,  opportunities because we have a chance to earn and learn more about bitcoin and also a challenge in other way because you must know every single detail about bitcoin in order to continue this process, polish your knowledge and know the different transactions of bitcoin.
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February 25, 2018, 01:51:40 PM
 #118

Bitcoin is a good opportunity for investment, but If the investment from borrowed results, I think it is not good because bitcoin is very risky, do not look in terms of profit alone, but the risk also you think again, you better invest in bitcoin if you already can meet your daily needs, and have more funds, it will be better than having to borrow first.

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February 25, 2018, 02:16:36 PM
 #119

For me going into bitcoin is an opportunity but it comes with a huge challenge, so you better like what will you do not just for the monetary reward but for your own personal fulfillment. I could suggest to you that you can start to invest low and while you earn put your earning back to your investment until it will grow, then after the income circulation is good enough that is the time you could harvest what you have invested. Try checking out Moonlite, the are looking for investors like you which promise a good return in the future due to their unique mining technology that is environmental friendly too.
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February 25, 2018, 06:06:10 PM
 #120

For me going into bitcoin is an opportunity but it comes with a huge challenge, so you better like what will you do not just for the monetary reward but for your own personal fulfillment. I could suggest to you that you can start to invest low and while you earn put your earning back to your investment until it will grow, then after the income circulation is good enough that is the time you could harvest what you have invested. Try checking out Moonlite, the are looking for investors like you which promise a good return in the future due to their unique mining technology that is environmental friendly too.
I agree bitcoin is great opportunity as well as challenge. It is need to improve the economy of country and it is good venture for everybody. Everybody ought to contribute precisely and ought to keep away from dangers. and when every one will be unite for the progress of bitcoin then it surely will,
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