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Showing 20 of 69 results by B-Bit
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Board Bitcoin Discussion
Re: If I had bought bitcoin 10 years ago, I would have been a millionaire: Not true
by
B-Bit
on 16/12/2021, 07:32:53 UTC
Yes, one of the ways to make money in investment is to buy at a low price and sell at a high price. Even now that we understand this truth, we cannot keep holding and not selling.
It is easy to hold on for a period of time, but ten years is very long. You can invest a part of the money now and treat it as a loss. Wait ten years later and see how many times this part of the money can be doubled.
To be honest, I may not be able to invest my money and leave it alone.
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Board Bitcoin Discussion
Re: WHEN DO YOU BUY BITCOIN?
by
B-Bit
on 16/12/2021, 06:59:20 UTC
Buy when the price drops and is about to rise. I want to buy when the price of Bitcoin drops, but I am not sure what price Bitcoin will eventually fall to. I think it is better to buy when the price is about to rise after a fall, so that even if the price falls again, I am not afraid, and I will be happier when the price rises.
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Board Bitcoin Discussion
Re: Can Machine Learning truly predict Bitcoin's price?
by
B-Bit
on 15/12/2021, 08:55:53 UTC
The robot predicts the price of the coin through a period of analysis to predict whether the price will rise or fall. But I can't fully believe the robot's predictions. The best way is to learn to analyze the market by yourself, and it is better to analyze the price of coins based on the heat of the market. The robot cannot predict what the giant whale will move. So it's better to rely on yourself.
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Board Bitcoin Discussion
Re: What to answer when asked "Can I make money mining bitcoin?"
by
B-Bit
on 15/12/2021, 07:36:18 UTC
You may make money, but that will take time, and it also depends on the electricity bills in the current area. If the electricity bills are relatively high, you can get bitcoins through purchases. But I personally think that mining Bitcoin will make money, but you have to spend a lot of time, energy and even money.
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Board Trading Discussion
Re: The psychology of stoploss
by
B-Bit
on 25/09/2021, 02:23:36 UTC
Not all cryptocurrencies are suitable for stop loss. Some speculation coins can set a stop-loss price. The prices of many value currencies will rise after falling. We need more patience and not panic selling currency.
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Board Economics
Re: Future economic fear of the rich and poor.
by
B-Bit
on 22/09/2021, 02:50:32 UTC
The poor should have relatively little economic fear, and they will have no economic concept if they live in a small city. Ji is indeed unfriendly to the poor. Although everyone is slowly closing the economic gap. But the economic growth rate is very fast. Commodity prices are rising rapidly. The rich can quickly become richer. The poor can only get paid through cheap labor.
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Board Bitcoin Discussion
Re: If not invested then do it now...
by
B-Bit
on 19/09/2021, 03:46:19 UTC
In the long run, it is not too late to invest in Bitcoin. It cannot be denied that everyone mainly invests in Bitcoin in cryptocurrency, and everyone wants to make money in cryptocurrency. There is no idea of storing Bitcoin. Now I have slowly cultivated my habit. I think the value of Bitcoin will become higher and higher, and the current legal currency is also getting depreciated. It is better to store the legal currency in Bitcoin to be safer.
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Board Trading Discussion
Re: Some trading mistakes beginners make
by
B-Bit
on 18/09/2021, 06:48:04 UTC
Beginners will be anxious to enter the market without understanding the market, easily following the ideas of others, and without their own thinking. Easy to be deceived by others. Will panic sell the coins in their hands because of the decline in the market,
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Board Economics
Re: people stop complain about economy and ccovid
by
B-Bit
on 18/09/2021, 06:32:29 UTC
When our income and expenditure are not proportional, we will complain about the market economy. But now the economy is picking up, and many companies and factories are slowly developing. Everyone is looking for more ways to get money. Complaints are also decreasing.
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Board Trading Discussion
Re: At what Age will you introduce your child to trading
by
B-Bit
on 18/09/2021, 06:15:26 UTC
When they have the idea of money, I will teach them how to use cryptocurrency to pay and teach them the knowledge of cryptocurrency. Many children already know cryptocurrency. When they are very young, I will teach them to pay in cryptocurrency, and when they are adults, I will teach them how to invest in cryptocurrency.
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Board Trading Discussion
Re: Investors their mind
by
B-Bit
on 18/09/2021, 02:55:42 UTC
Not all investments will succeed in investment. When investment fails, we should find the reason and learn from experience. Don't invest because of feelings, learn to control yourself. One of the best advantages of investors is that they can control their emotions, have a good attitude and patience. Will not give up good opportunities because of bad investments.
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Board Economics
Re: Crypto is not limited till buying Bitcoins, it is beyond this.
by
B-Bit
on 17/09/2021, 03:21:40 UTC
I think buying bitcoin in crypto is not limited there is still a good chance that the price of bitcoin in the market is going up and the price of altcoin is going up so traders are making a lot of money by trading in currencies. The market must always know about the market in order to weigh the profits you have to learn the techniques of trading the crypto market is huge risk but it is easy to make money if you choose the right platform.
In countries that allow Bitcoin. Bitcoin can buy anything legal. Many shops and supermarkets pay Bitcoin for payment, and you can even exchange your legal currency into Bitcoin for daily life. It's cool to pay with Bitcoin.
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Board Trading Discussion
Re: Does a trader needs to be a full time trader to be successful?
by
B-Bit
on 17/09/2021, 02:29:33 UTC
I am not a full-time trader, I have daily work, and investing in cryptocurrency is my side business. I am used to researching the market after dinner at night. I admire people who are full-time crypto investors who can always sit by their computers and keep an eye on the market. Everyone can choose to be full-time or as a side job. Because cryptocurrency can indeed bring great profits to people.
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Board Bitcoin Discussion
Re: Bitcoin trading broadly in China,than Nigeria.
by
B-Bit
on 16/09/2021, 09:28:07 UTC
China has already banned mining and will gradually ban cryptocurrencies. However, it is not ruled out that cryptocurrencies will be re-accepted. I believe that in the future, cryptocurrency will be accepted globally, and now the government is suppressing it because cryptocurrency is out of control. Many scammers defraud Bitcoin and cannot get it back.
When China accepts cryptocurrency, the transaction volume may reach the top three. There are also many cryptocurrency enthusiasts in China.
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Board Bitcoin Discussion
Re: LOOK: Biggest financial institution in El Salvador embraces Bitcoin?
by
B-Bit
on 15/09/2021, 02:25:41 UTC
El Salvador has made Bitcoin the national legal tender. The same goes for other companies in the El Salvador country. They should accept Bitcoin.
But it is good to have such news. Through such favorable news, we can let everyone know about Bitcoin, promote Bitcoin, and let more people know about Bitcoin.
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Topic
Board Speculation
Re: The arrival of new people in the world of cryptocurrency is really fun
by
B-Bit
on 14/09/2021, 03:40:40 UTC
Bitcoin is becoming more and more popular now. The friends and family around me also know about Bitcoin and also about the forum. It's just that there are still many people who haven't entered the forum world.
However, there are still many people who know little about cryptocurrency and can come to the forum to learn.
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Board Economics
Re: Real estate vs. Bitcoin
by
B-Bit
on 14/09/2021, 02:33:17 UTC
Before choosing to invest, I would choose real estate, but now my choice is Bitcoin.
In recent years, the pace of development of the real estate industry has slowed slowly.
There are still many differences between the two. There are also many fields involved in real estate.
With the development of Bitcoin, Bitcoin may be used to buy houses in the future, and the two promote each other's development.
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Board Economics
Re: El Salvador Bitcoin payment option
by
B-Bit
on 13/09/2021, 07:21:36 UTC
There were some videos on the internet that shows you get to pay bitcoin as an option in El Salvador, they're not enforcing it that everyone should buy bitcoin to buy goods.
It's true that merchants and buyers can freely choose what they're up to with what they want to buy. This is really the development that should be welcomed by their people but it's also expected that not everyone is going to welcome this development as there are some protests that happens there because of this.
This choice is also very good. Many people may not understand Bitcoin or the value of Bitcoin. They are unwilling to use Bitcoin for payment and can choose to use the payment method.
Many people who want to protect their privacy will give priority to using Bitcoin for payment.
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Topic
Board Economics
Re: Crypto is not limited till buying Bitcoins, it is beyond this.
by
B-Bit
on 13/09/2021, 07:02:44 UTC
Poor people have some worries when entering cryptocurrency for investment. They don't want to lose, they will make investment after careful consideration, and will give up some high-risk investments.
Cryptocurrency can indeed make the poor rich. If there is no investment experience, a wealthy person will become poor. The important thing is to learn the correct knowledge of investing in cryptocurrency.
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Board Bitcoin Discussion
Re: A good man/woman leaves an inheritance
by
B-Bit
on 13/09/2021, 06:57:55 UTC
Before death, everyone will tell their own money to their children, or when the children are sensible, they will give some important things to the children to save.
Your own money and private key can tell people you trust. We cannot predict which of tomorrow or death will happen first. We can only prepare. Arrange your own affairs before death.