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investing in cloud mining is not really valuable because most of them are just scams, but I prefer trading than mining bitcoin because I think it is more profitable to trade than bitcoin mining
This is the right way. You should buy some bitcoin today and hold them for some time and when you realize that know selling is profitable then you can sell your coins. But mining is also mandatory because if there is no mining there would be no supply and if no one wants to sell hid coins where will you find coins? But it is also a fact that mining in these days are not profitable.The best thing to do during this kind of period is not to sell. It is ridiculous to sell at a loss. If you have the capacity, it is a good time to invest by ceasing this rare opportunity. The process of making people millionaire in future is on and only the wise people will see this. So many cryptocurrencies will not be this cheap for long.
I always tell my friend who have invested in bitcoin to be patient and cool in red alerts of the market. In these days the price of bitcoin is not increasing and it is very hard time for all investors because they are not making any money. I tell my friends to hold your coins and dont sell them otherwise they would lose their money. I encourage them about the bright future of bitcoin.Bitcoin achieves a certain value. They are used for shaping many economic transactions. People also use this money to invest. And hoarding value. So this currency is now without limits
Prediction is not the real thing about the future price of bitcoin. According to my experience I never find any predictions to the point because if we go back few months in the previous year many people predicted that 2018 will be the year of bitcoin but the fact is against those predictions. This year is the worst year for bitcoin so far and there is no signs for growth in the future in the coming few months.Most people more trust to invest on bitcoin because bitcoin have biggest market cap and biggest liquidity. Litecoin is good coin but for long term, i am prefer choosing bitcoin because many expert said so and they predicting bitcoin can reach $50k
You are right bitcoin is best coin to hold for long term because it give high amount of profit and it has a lot of benefit that no other coin could every give to anyone, now a day bitcoin is helping the society to make good ways of gaining profit, holding for more time is really an amazing way of securing your future and making good amount of money out of it, the more you will hold the more you will earn, better to buy at red so that you will be able to hold patiently.Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon.
Surely it will be. As what the bitcoin can do today, there is really a huge possibility that this will be the next weapon in helping the world economy to be in good situation. No doubt about it. It has the potential that the current currency cannot support. There is really a huge difference between the two and bitcoin is dominant.
The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?
There should always be choice and freedom, people create something new all the time. I believe before the advent of bitcoin there were many attempts to create something similar, but the choice of people fell on bitcoin.
Now perhaps there is a search for a new, more attractive and modern alternative cryptocurrency.
Need time!
I think that this will continue for many people who invest in it is a good additional income that does not take a lot of time and energy
Of course it is good investment and it will continue to rise in price so everyone should invest their money and should keep on investing their process should not be stopped for now, as we are in modern age and we need developments, it is not only an investment but it is full of profit, now a day increasing price is good sign for all investors including me, so lets hope for the best.Here, everyone chooses for himself. in my opinion the crypto-currency market is too volatile in consequence of which it is more risky, but also more profitable.
Same as you I think some are choosing crypto currency and some are choosing stock, but I think the most beneficial one is investing to crypto currency. According to all old and previous records bitcoin has been greater and above all investments, stock market does not give more profit as if you have some products which can be expired so it will be all lose but bitcoin has no such issues so choose investing in crypto currency only.Some friends till date still believe that cryptocurrency is scam .
I am tired of trying to make them see cryptocurrency for what it is.
If happens because not everyone loves it and not everyone is gonna hate it, so some of our friends will love it and some will be afraid of it because they never has good information about it, so those who are still in doubt about investing to crypto currency we should tell them about the benefits of bitcoin and we should guide them about how to invest their money to bitcoin.I am tired of trying to make them see cryptocurrency for what it is.
Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$
What do you think? How low bitcoin can go?
Just hodl it
I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
A lot of mainstream companies are now realizing the value of bitcoin especially when in comes to payment methods so in this sense those companies who pioneered bitcoin will definitely see a huge growth on their portfolios.
but now everyone chasing money and making it their motivation in work, and most of them think money is the only one
Yes well money is not our only motivation but sometime it become the basic need for us, we should try to earn money in several ways, but money should be earn inform of crypto because now people are not much inspired with money only but they want new things, like digital money and digital currency to get new technologies and basic needs of life should be fulfilled with crypto currency as well.This is because the Bitcoin and Altcoin holders are easy to believed to FUD making them to panic of selling their Cryptos. Actually, the big whales will trigger the selling together with the FUD news and making the people to panic that if the price successfully down then the big whales will buy it again. I just hope that soon, many will learn about this strategy of market manipulation in which ETF is our only hope.
You are right, this is because of the weak hands that always believes fud without knowing and searching that this is only a strategy to manipulate cryto price.
Re: Politicians fear cryptocurrency because it will stop corruption.
No. Politicians fear many things but not bitcoin. The anonymous structure of bitcoin makes it possible for criminal activities to carried out using bitcoin.
Yes you are right I think politicians have no fear of crypto currency the bitcoin because it has no harm for them, bitcoin is able to use for everything and it has no effect on their economy but it will improve their money safety, so if they are I think they should not be, apparently bitcoin does not have any effect to the community and it only use to increase everyone month for profit and security of income for long time.I suggest you can invest in bitcoin now, because the price of bitcoin is now cheap, so you will also get many benefits in the future. seeing the price of bitcoin every day also grows better.
Yes now is the best time to invest your money as price of bitcoin for now is not very high but as time is passing price of bitcoin is getting bigger because more investments is making the price of bitcoin high, we should be hurry to take this decision as waiting anymore can cause less profit and it will be risky so better buy now and invest if you have saving as money.Legal regulations are certainly helpful. Although it seems like a negative at first, the legal arrangements of the countries will protect us.
It would be best as well that legal regulations have been implented, this is also for the protection of our account. And this will help us build a stronger market.
I will always trade to find daily needs, without trading I have never made a profit, investing in bitcoin coins I often get a profit, the trading market is now getting better
Well for me now is the best time to buy some coin because the price is not so high, it is only for those who want to take the risk, it is good time to start trading because price now a day is being high, so we should try to invest now as waiting more can make our profit a bit lower and risk will be high, but before starting for trading we should try to get fine information and knowledge related to crypto currency trading.thank you for the useful post, i gave also lost money at this pumping and dumping signal group in a telegram.they are useless and never join them.
You are right all of us should know about pumping and dumping of bitcoin if the price of bitcoin will be on increasing mode so it will be time for us to buy some coin for holding and if the price is getting high so then sell, for being a good trader we only need to have patience and never sell our coin at panic, it is very important to think without mind not with heart as emotions can make us suffer with lose.I don't understand what you mean now because the btc is the best coin in the crypto market and it is going to be stable for at least some period of time. I think that you need to buy coins now as the price is low
We all are investors some will think positive and some will think negative but those who have strong faith about crypto will get more benefit for holding and trusting their coin, it is good time for now to buy and get profit, as you have mentioned I am agree with you, it is good time to buy because price now a day is really good to buy we can afford it and on the other hand profit will be more than double.In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you dont have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Dont be lazy, think big.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you dont have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Dont be lazy, think big.
Of course holding something without any goal or limit when to sell or buy out would cause you missed opportunity to sell high. Holding is not for everyone, some people hold for greater profit depends on the coin you hold. not all coin or token deserve to be hold.