bitcoinsc (OP)
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March 19, 2018, 03:01:00 AM |
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if you had invest in bitcoin, would you follow the price every couple hours? if you had a job you would be more focus on your job than whats on the screen of your phone. you would be fired from your job? maybe. investing in bitcoin is hard on you everyday at every time. it can fall down to 1000$ in 2 hours if you dont pay attention to it. if you wanted to sell before that big dip but you cant because you are at work. invest what you can afford to lose. investing in bitcoin for a person working an 8 hour job is something else. i think thats why the price havent risen lately because people are more worried about their job than investing in a volatile market.
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Ethereum and Uniswap.
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guixiam
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March 19, 2018, 03:36:09 AM |
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It depends on where you place Bitcoin. If you treat Bitcoin as a full-time job, you need to pay attention all the time, but if you invest it, you certainly won't put all your money in, so you don't need to keep watching.
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millgates
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March 19, 2018, 03:44:04 AM |
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if you had invest in bitcoin, would you follow the price every couple hours? if you had a job you would be more focus on your job than whats on the screen of your phone. you would be fired from your job? maybe. investing in bitcoin is hard on you everyday at every time. it can fall down to 1000$ in 2 hours if you dont pay attention to it. if you wanted to sell before that big dip but you cant because you are at work. invest what you can afford to lose. investing in bitcoin for a person working an 8 hour job is something else. i think thats why the price havent risen lately because people are more worried about their job than investing in a volatile market.
I have better solution for workers. Bitcoin is not the only one cryptocurrency but it is the savest one for investment. There are many type of cryptocurrency, one of them is called masternode coin. It can provide you passive income, actually you will not be able to avoid market impact to your investment but Masternode coin will give you more coin which will reduce bad impact of market. Fortunately I have found XCPO, the XCPOs' team have good project to keep their coin alive.
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Cryptonium12
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March 19, 2018, 09:45:59 AM |
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It depends. If you are trading then ofcourse you will check the market every other minute. If you are doing investment then you won't check that frequently
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Ctn
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March 19, 2018, 09:52:32 AM |
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if you had invest in bitcoin, would you follow the price every couple hours? if you had a job you would be more focus on your job than whats on the screen of your phone. you would be fired from your job? maybe. investing in bitcoin is hard on you everyday at every time. it can fall down to 1000$ in 2 hours if you dont pay attention to it. if you wanted to sell before that big dip but you cant because you are at work. invest what you can afford to lose. investing in bitcoin for a person working an 8 hour job is something else. i think thats why the price havent risen lately because people are more worried about their job than investing in a volatile market.
I understand what you are trying to express here. I am also middle class worker and the organisation where I work is pharmaceutical company where phones are not allowed. Previously I used to checkout the prices over desktop internet of organisation but slowly everyone around me started noting that and it was like bothering thing for me. Thats was bad impression really so I decided to quite my habits that I had. Now I hav full control of myself and I only checkout the crypto whenever I am at home and I do it full time when its weekend. Its better you keep control of both the worlds and it will be hard initially but would be very easy afterwards. Both the worlds are manageable and it is advisable to work on crypto in limited manner and only on those things for which you can afford your time.
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talkbitcoin
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March 19, 2018, 09:53:02 AM |
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if you had invest in bitcoin, would you follow the price every couple hours?
you only do this if you are a day-trader and it is not called "investing" in bitcoin it is called "trading" bitcoin and it is a very different approach with a very different strategy! it can fall down to 1000$ in 2 hours if you dont pay attention to it. if you wanted to sell before that big dip but you cant because you are at work.
then don't "trade" bitcoin. nobody is forcing you anyways. invest in it if you are so interested and enjoy the long term returns instead. besides trading is not just every minute trading. it can be on a longer period and based on your speculation. and you don't have to watch the price if you know how to speculate! if you feel the need to monitor it 24/7 then it means you do not understand how trading works.
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Klintiv
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March 19, 2018, 09:58:06 AM |
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if I want to earn more then Yes you sit constantly on the exchange and if it is a long-term investment once in two weeks
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Chaser35
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March 19, 2018, 10:02:55 AM |
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Bitcoin is not a difficult investment for any class, but they can not follow the difficult situation for the working class, but I think that with automatic sales, they can only earn money from the coins they are pursuing at night, so I do not think that there will be any troubles in Bitcoin.
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marzyyy
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March 19, 2018, 10:07:34 AM |
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I think there are apps that will alarm you if this specific coin reaches your target price or cutloss.
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bitfocus
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March 19, 2018, 10:16:47 AM |
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on the contrary, Bitcoin is actually a very easy investment for anyone or anybody. see, Bitcoin is actually no short-term investment, Bitcoin is actually a long-term investment and what you need is to engage your extra money (which you would not need in next few years) to buy bitcoin and forget about them for a couple of years.
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JerryJam
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March 19, 2018, 10:19:36 AM |
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Investing in bitcoin is always a big risk.Because the price changes every minute. You should not invest in bitcoin if you have a small income. Because the profit you will get not soon. You should also not invest all your capital. This part should be no more than 10 percent of all your savings. It should be an amount you can afford to lose.
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Lieldoryn
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March 19, 2018, 10:24:13 AM |
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on the contrary, Bitcoin is actually a very easy investment for anyone or anybody. see, Bitcoin is actually no short-term investment, Bitcoin is actually a long-term investment and what you need is to engage your extra money (which you would not need in next few years) to buy bitcoin and forget about them for a couple of years.
There are different strategies for earning bitcoins. Long-term investments are just one of them. I can confidently say that this is not the best strategy. Active trading on the stock exchange allows you to earn money at any price fluctuations and minimize risks. You must understand that the price can not grow indefinitely.
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alani123
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March 19, 2018, 10:28:59 AM |
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Bitcoin is an investment to go in only with what you can afford to lose. I don't believe that people calling themselves working class while strugling with debts should invest in ANYTHING, let alone something as volatile as bitcoin.
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sweetbet
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March 19, 2018, 10:30:47 AM |
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There's no need to start with a full bitcoin. Investing a $100 in a promising and upcoming x5 or x10 alt coin would be a good start. Then take the profit and invest ii in another promising and upcoming x5 or x10 alt coin. and repeat....
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Manoharachan
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March 19, 2018, 10:32:27 AM |
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Investing in bitcoin is not as difficult as you tell it, you can buy bitcoin and put your selling price above your purchase price automatically and do not have to look at it all the time, and what if you invest in the long term you simply set a higher price and open your account a few months or once a year, you can do it.
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hugeblack
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March 19, 2018, 10:34:33 AM |
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Apart from everything, Bitcoin is not an investment tool and should not be the source of your basic income. The price is very choppy but the ease of use and follow-up of the prices of Bitcoin make it take no more than minutes. You can use sites and apps to alert Bitcoin prices and I will give you a model of them
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Marileno
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March 19, 2018, 10:34:47 AM |
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I think you are confusing investing and trading. Investor's don't watch the price constantly, and they are not worried is something they are invested in falls while they are at work.
What you are describing is trading. If you want to be a full time trader, then sure, watch the price every minute and try to beat the machines. Good luck with that though, as it is almost certain you lose all your money.
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audaciousbeing
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March 19, 2018, 10:36:27 AM |
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if you had invest in bitcoin, would you follow the price every couple hours? if you had a job you would be more focus on your job than whats on the screen of your phone. you would be fired from your job? maybe. investing in bitcoin is hard on you everyday at every time. it can fall down to 1000$ in 2 hours if you dont pay attention to it. if you wanted to sell before that big dip but you cant because you are at work. invest what you can afford to lose. investing in bitcoin for a person working an 8 hour job is something else. i think thats why the price havent risen lately because people are more worried about their job than investing in a volatile market.
Being a worker and investing or trading in bitcoin should be seen as a strength and not the other way round because with that, your source of living is not solely dependent on bitcoin which would made some not well informed decisions to be made. A lot of people fall into that category including myself and that is why when price is falling, I am not too perturbed because my cost of living is taken care of by other sources of income. I buy when I am comfortable with the price and also when I want to sell. Moreover, there is enough time to check what is going on in the crypto world if there is need to make a quick decision. Price increase or decrease dont happen with the speed of light.
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mahibul49
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March 19, 2018, 10:38:40 AM |
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bitcoin is a smart investment and long term investor always getting reward ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) if u are inexperience and worry then its not for you.
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loyaeskiron
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March 19, 2018, 11:05:24 AM |
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As what my friend say, that when we invest bitcoin, it is simply having transactions being made and then after done of transactions, all we need to do are just stay and wait until such time that bitcoin price going higher, and sell immediately when bitcoin price increasing.
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