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Author Topic: BITCOIN : Oppotunity Or Challenge?  (Read 1946 times)
leavolnhals
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April 30, 2018, 03:17:04 AM
 #421

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.

If you do not trust bitcoin, you should invest in another altcoin. Because investing in bitcoins will not bring too much profit to you, but altcoin will bring a lot of profit for you. You must have good knowledge of investment, evaluation and analysis.
So I think you need to take a little time to learn about investing and then come back to the Crypto market. It is never too late for us! Wink

dillpicklechips
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April 30, 2018, 03:42:24 AM
 #422

Bitcoin for me is a really an opportunity. It is an opportunity to help them to support their financial because bitcoin was easy money and additional income and job. It is also opportunity to save time and money because transaction on bitcoin was really faster and easier and charge low fees.
qwertyup23
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April 30, 2018, 03:46:14 AM
 #423

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 should consider other alternatives whenever you think of investing everything that you have into just one mechanism. Unlike bitcoin, investing into stocks, golds, real estate, and bonds have their respective collaterals and security due to the intervention of the government. Like what you mentioned, the history of bitcoin is relatively short compared to the other investment mechanisms but one thing that they lack is the percentage yield and opportunity to earn large amounts of money in a short amount of time.

Most investors are inclined into the traditional way of investing since they are already grown accustomed to it. They think that the old method would always be better but in fact, we are transcending into a digital age of revolutionary developments.
Personally, I will diversify my investments and establish a plan on how would I do it. Maybe like 60% of my earnings would be for bitcoin and the other 40% would be for stocks, bonds, etc.
One thing that you always have to consider is the money that you invest, consider that as the money that you are willing to lose.
tonyja2017
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April 30, 2018, 03:48:58 AM
 #424

That really is a challenge for newbies. Most of the newbies always thought that investing in bitcoins was easy but they did not witness the harsh times of the Crypto market.
The best way to reduce risk is to educate yourself by reading a book or finding a good teacher to guide you.  Smiley

marites
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April 30, 2018, 03:52:41 AM
 #425

I think it is an opportunity to be part of bitcoin community. And i truly believe that thru bitcoin my life begins to change the difficulties turn to comfort.that's what i think.
liseff3
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April 30, 2018, 03:55:28 AM
 #426

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.


Although high-risk bitcoin is the only chance, which can make us rich easily. The high bitcoin exchange rate can make people who see it tempted and countless times to start investing. Playing around with bitcoin can be very risky and speculative thing. The value of bitcoin is hard to predict, bitcoin is one of the digital currencies and, not the company. Therefore there's no money flow, that can be analyzed, or financial statements to determine the time of investment and bitcoin volatility was so wild.

And in my opinion borrowing money from parents or from anyone to buy bitcoin is the worst idea, Why don't you make your own money?...
Because the success rate is difficult to be measured and you must be ready to lose everything.
shvishal
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April 30, 2018, 03:59:59 AM
 #427

Bitcoin is a oppoturnity for an individual to earn every work has its own risk and profit same here .
It is opportunity for one to ear decentralised money
Gondwanaland
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April 30, 2018, 04:02:39 AM
 #428

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.


In investing bitcoin you need to take risk. So if you want to invest in bitcoin be ready on consequences that may happen. in bitcoin if it is a challenge or an opportunity it is still on the people who handle it. There are people who take it as a challenges because it challenge their abbility. also they take it as a opportunity because it gives a hope for them.

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quetoi2505
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April 30, 2018, 04:02:42 AM
 #429

Bitcoin is both an opportunity and a challenge. It's an opportunity to gain more money but still a challenge on how to gain more of it.
Drunken Lullabies
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April 30, 2018, 04:11:08 AM
 #430

For me bitcoin is an opportunity to earn profits and make money or even as a virtual job opportunity that provides the main income.
MAJICOIN
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April 30, 2018, 04:25:50 AM
 #431

Crypto currencies are good and bitcoin is the new era currency so it is golden opportunity for us that with bitcoin we can start a good way to enter in the crypto investment while the trading websites can also making bitcoin more popular in he world. It is a good way to become more profitable now and this currency is good for business purposes.

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Ahimoth
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April 30, 2018, 04:34:34 AM
 #432

Crypto currencies are good and bitcoin is the new era currency so it is golden opportunity for us that with bitcoin we can start a good way to enter in the crypto investment while the trading websites can also making bitcoin more popular in he world. It is a good way to become more profitable now and this currency is good for business purposes.

It could be both an opportunity and a challenge. For every opportunity, challenge always comes together with it.  But challenge will always be worth it. You just have to make the most out of every opportunity despite all the challenges you might face along the way.
Jerzzz
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April 30, 2018, 04:57:35 AM
 #433

Bitcoin is the opportunity I have been trying to enjoy. Because Bitcoin is helping people in economic development and making them work-oriented. Bitcoin gave me new opportunities to earn. Even Bitcoin is going to meet all the needs of me and my family. I want to use this opportunity further in the future.
KnightElite
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April 30, 2018, 05:00:38 AM
 #434

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 an opportunity for us to improve our lives. There are a lot of benefits that we can earn by using bitcons. There are now a lot of jobs that are continuing to exist because of the bitcoin.
juiceannabel
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April 30, 2018, 08:59:49 AM
 #435

of course it is an opportunity for me. with bitcoin, many peoples has became rich now.
bitcoin has opened many job opportunity. trader, miner, advisor, and other profession that having incomes because bitcoin and crypto.
jeraldskie11
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April 30, 2018, 09:29:23 AM
 #436

Bitcoin such an opportunity for me because even though i have still do studies i can earn whenever and whatever i've work that can help to support my daily finances and its also help to my family to buy things needed everday like foods and clothes. Its also a challenge because this will challenge my determinition and hardwork in life even i'm studying and working at the same time.
Saddam Bin Delowar
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April 30, 2018, 09:44:38 AM
 #437

If you have a lot of extra money, then you can invest in Bitcoin. My own opinion, Bitcoin opportunities and challenges at the same time because Bitcoin is a new opportunity for everyone.
LogitechMouse
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April 30, 2018, 10:01:03 AM
 #438

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.
As they always saying to other investors especially newbie investors, just invest what you can afford to lose because market is very harsh and its very hard to predict. It will rise today and tomorrow it will crash. My advice to you is just read any information related to bitcoin and cryptocurrency in general. Don't invest if you don't know how bitcoin's price moves because emotions will eat yourself if the price of bitcoin crashes just after you invest.

I see bitcoin as an opportunity for me and not a challenge. I said it is an opportunity in a sense that I can earn more with bitcoin rather than in my regular job. I just resigned because I want to be a full time with what I am doing. I want to know more about bitcoin and I am trying to learn the complex things about it.

Liona88
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April 30, 2018, 10:03:18 AM
 #439

Bitcoin are challenges that become opportunities in the long run.it is risky and its high volatility is well defined but once you believe in its capacity and capabilities, there is opportunity for discovery & growth and income as well.
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April 30, 2018, 10:07:46 AM
 #440

I think everything that comes in as an opportunity is a challenge itself. Hence, it goes both ways- an opportunity and a challenge rolled into one. During the infancy stage of Bitcoin, I think it presented itself as an opportunity for investors to earn more money in just a small amount of time as compared to all other investments. And based on that angle, I think Bitcoin has made good that promise provided the investor concerned knows how to handle his investments. Moving forward to today, Bitcoin has more like become a challenge in terms of the strategies that investors have to undertake mainly because of the intermittent price fluctuations of Bitcoin. So from here, you will understand why I said it goes both ways.
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