Re: I never sold my First bitcoin. Are you also emotionally bound to bitcoin?
by
bitcoinminer45678
on 30/09/2018, 09:39:22 UTC
If there's no risk then its boring, BTC is what I do for fun.I think it would be better if you sell it at the right time, waiting for a soaring bitcoin price may take a long time.
Btctalk name: bitcoinminer45678 Rank: Jr. Member Current post count: 40 BTC Address: 1FpE1VCXwrGaGWqpM11f8B4v8E4nuTBC3c Wear appropriate signature : Yes Really love to participate in your campaign.
Applying again hope this time got accepted. Thank you yahoo sir.
Altcoins are good but there are so many many altcoins scam nowadays, only legit will remain, everyday, there is upcoming ICO. We can't really avoid that, everyone can do fake ICO, we should only be educated to keep away to many many scams. We should be careful in investing in some ICO.
i don't think this will happen in mean time. Yeah altcoin are very low right now but soon they will rise. it will survive and will reach the highest price again. there are too many altcoins right now and maybe half of the altcoin will get disappear because of lack of the support from the dev, the team, and the community. but for the crypto, I don't think that it will get die too because as long as bitcoin still exist, then the crypto market will still survive and people could still buy and sell the various coin to take a profit
This is valid for both bounty hunters (because they are wasting their time) and ICO participants (wasting money).
Strongly agree with this statement that made me think about the state of cryptocurrency for now. Many of my friends also work offline bounty hunters such as building constructionists and fruit trading.
Is this the end of cryptocurrency?
Yeah invest wisely and then give time to your investment. Although the idea of investing is indeed a great one as it often times is a necessary step in protecting resources and also building a brighter future both for you and your generations to come. the investing decision should not leave out the consultation of a specialist who will properly analyse for the current situation of the market and also further advice on what to do.
if I choose the ETH companion coin that I like is NEO and XRP, I see the development of NEO at this time is very good with more sophisticated system updates, which I know currently NEO is very popular in some countries and some call it the second ETH, for XRP now experiencing a period of price increase so that is a coin that is suitable for accompanying ETH
I like also ripple, because ripple is starting now to have a value and to know in the world of cryptocurrency, and i think this kind of crypto will be stable and confident in growth development of the market value of it, because their are many crypto that are very fast to be gone because of low value. I would stay away from Ripple too as it is premined and the organization holds a large chunk of the tokens
my plan is to keep 6 potential alt coins till year end. at least keep until bull market. specially coins are req,ada,trx,prl ,cs and snov. i wish two bull markets will come in this year
I believe that by the end of the year the situation on the market should gradually stabilize. Of course, the year 2018 was very difficult and unsuccessful for most investors. But I am sure that gradually the situation is stabilizing, I am optimistic about the next year. And in 2018 it is better to continue to hold the most reliable coins.
Just to hold some of the major coins. Some are going to depend on their prices. But still the most probable thing to do is that I will continue to hold them until a very strong pump will happen, probably be happening when their roadmaps will be significantly met. There will also be some buying and selling of minor coins. I have been doing these always. But only secondary to long term holding.
I like to do reinvestment with most of my savings and do a little marketing with goods that's is dealing with electrical gadgets and others. Wouldn't like to spend all but save some for the future.
that's good for us if we use some of our reward from bounty campaign to investing in ico projects.for some months or years later we will enjoy its result.
For hard times i think saving worths alot. save as much as in need you'll have something to pull out of your pocket in the matter of emergencies, just save it or put it in the bank. But if you are not afraid to take a risk and awared of the tendencies of losing profit, but still aiming to earn huge profit, go for investments such as cryptoinvestment or real estate but be sure that you are knowledgeable about that certain investment.
What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax?? Maybe the expansion of BTC community will get low than usual.
This question doesnt make any sense because it never going to happen. Bitcoin does not belong to any government, it belongs to people and is open to anyone that wants to make use of it. No government will come up tomorrow to charge crypto users tax, nah thats never going to happen. You will only pay tax for what youre doing in your country, the government has no business to do with this.
I think in that case bitcoin will experience a price decline due to the implementation of taxes for holders, this can happen because if bitcoin is taxed it means there is no more anonymous term on bitcoin other than that cheap fees will also no longer apply because there is tax, the second possibility is that the price of bitcoin will increase because the government provides legal guarantees for every bitcoin transaction.
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Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold.
I also think that HODL is the best choice I take. Because I believe that and altcoins will increase in the future and become an investment advantage. Because cryptocurrency is now increasingly popular and is known by many people. This is certainly good. And I'm sure Hodl is the best choice right now. I believe that the value of or Altcoins will increase in the future. That is my opinion
Yeah and in the case of i believe will hit it's previous all time high again by the end of the year. The more enthusiastic people such as myself have re invested in when it has dropped in the past few months and we are already getting our profit. Until you sell your s, you havent indeed made any losses, thats why I always prefer holding your currency than trading it because unlike trading where you can lose your money.
Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem.
This was what stuck out to me^^^.
I've heard it said that even bitcoin is a solution to a problem that doesn't exist, and if you view it as a currency only I'd be willing to believe that. And ICOs? I am by no means an expert on crypto, but judging from some of the ICOs I've seen, it looks like they're trying to crowbar a blockchain "solution" onto things that aren't even problematic in the first place. I suspect in most cases it's not even the developers' intention to even do something unique and necessary--they're just looking for a profit, much like the developers of the myriad altcoins don't really think another shitcoin is necessary. They just want to plant their own flag and cash in on the craze.
Never having invested in any of these ICOs, I don't have the rose-tinted glasses that a lot of investors have toward them. They just seem silly to me at best, scams at worst. It's no wonder why Wall Street hasn't bought into any of them (that I know of). I'm old enough to remember the internet stock craze, and it really feels like that kind of vibe, except it's even worse because there's not even a real business behind the average ICO project, just some cryptocurrency that's almost guaranteed to approach zero within months.
Yeah i know most of the people got disappointed because of scam ico's and I really do agree with what you are trying to point out. There really are a lot of useless projects out there with some even making their own imaginary problems just to have something to pair with their own imaginary solutions. And the worse thing? Some people actually buy their sht and believe this stuff. Truly, ICOs nowadays are getting more worse but I still won't quit investing as long as I can still find a few great ICOs out there.
I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?
most of my friends ignored me when I started telling cryptocurrency. cryptocurrency is very foreign to them and cryptocurrency is never explained in schools. but when I told a story about buying a luxury item and I could buy it because the profit from crypto began to be interested and asked about crypto. and then I explained. after I explained that many gave up they said that cryptocurrency was difficult to understand. and I never forced my friend to join.
Same like this happens to me bro. But i think if crypto currencies legalization i explained the facts happening around...received it with convincing reactions and few just ignored it,really felt bad for the guys who did not care about cryptocurrencies as really know the fruitfulness and happily taught few others about cryptocurrencies,my friends expression when you introduced bitcoin.
well when i introduced bitcoin to some friends of mine, some received the information with levity, with the reply that bitcoin is more of a pronzy scheme, well that hasn't detared me from spreading the good information to others who are willing to listen and act on it. Bitcoin is really a bubble and i urge all to invest in it.
The first that I have opened up the cryptocurrency to my friends was such a great scene. After I have told them the systems and how you will able to actually earn in here shocked them. Their faces was like 'woah!' then they started asking questions concerning the hows of the crypto. Some of them show signs of interested and others are not. I felt bad for those who are not because they won't witness and experience the impacts of crypto in someone.
I will choose Bitcoin to invest even though it is downtrend now.
I think always it is the best time to invest in bitcoin because bitcoin takes this lead, every time. Especially since last year, we have seen such drastic change in bitcoin. Before this time, there were so few people who knew about it. But just in time period of one ear, see its glooming success and performance that it has just shown. So I would definitely advise you all to get oriented towards bitcoin.
It is possible that Bitcoin will cross $50k. But for that we may have to wait a long time. Many big traders have predicted that Bitcoin will touch the $50k milestone by 2018. But it has not been seen till now. But I think bull run will start very soon.
50? That's a too optimistic prediction for 2018 but it's ok if u mean in the next 100 years.
It is the voice of every second person in my country now those prices of bitcoin wills not remain the same it will increase some day. The actual reason behind the increasing price of bitcoin is highly investing currency bitcoin has become the most highly investing currency, a lot of countries made applications to make bitcoin as a legal currency, bitcoin is good to be support by people because it will increase the price more high.
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Re: Can actually Bitcoin be good for the environment?
To be honest, it is almost impossible for any current innovation to consume energy without harming the environment in some way. We are living in the generation where time and money is more important than the environment for us but I am happy that the steps are being taken to reduce the percentage of damage to the environment. Mark my words, we will start taking care of the environment at the point when it will start damaging us in some way in the form of returns. This issue is not limited just with Bitcoin or crypto industry but it needs the macroscopic approach to deal with it on a bigger level.
I think with the time technology prevails and evolve over the years to till now and i think I can certainly say as of now that bitcoin is a great invention. It paves the way for the digital currency to be known worldwide. Bitcoin has helped a lot of people from the very start and I am one of it. For me bitcoin is a blessing and a very good help to the environment. It creates a lot of opportunities.
There are some people who say that cryptocurrency is difficult to understand, why? because maybe they don't want to study it deeper and finally they have given up first and say that cryptocurrency is difficult to understand. In my opinion, cryptocurrency is difficult to understand first, but if we want to learn it and continue to understand it, cryptocurrency is very easy to understand.
I do not think it is difficult to understand but i think it is difficult to accept. First think about it as a scam or it will deceive them but it just a normal thinking for a person new to cryptocurrency. But I think for you to make them understand what cryptocurrency is all about, is to not disturb them all the time, just show them the good side of bitcoin and how it helps everyone and let them decide if they will patronize it or not.
Why are many disturbed about the drop in the price of bitcoin . Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin.
Well, I still believe in bitcoins and people should remain believers of the crypto king because there far more to look forward to with bitcoins in the future. I just hope we all have prepared a good some of money to pool up and invest bitcoins to pump the price and attract more investors.
People that comes in too late there or join recently in cryptocurrency market. i see most of the people are not confident with bitcoin simply because media nowadays are making negative news and spreading it on national tv which makes people believe in them without getting further information . They report nonsense news that people easily believe in it that it why it really affects the flow of bitcoin . But i myself believe in bitcoin because i know everything about it.
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Re: I almost lost my rock solid regular job because of crypto
Learning crypto needs effort and time, but how can you do that if you have regular job. TIME MANAGEMENT is the best thing thing to do. If you want to stay both jobs. One of my co worker lost his regular job because on his office hours most of his time spent on crypto. So we should manage time between crypto and your job.
if you have a permanent job, you should be smart to divide your time. it is the most important thing so you don't lose your job. many use crypto as a side job, but they can divide their time. don't rely too much on crypto, it will endanger yourself. because it's not always good, but crypto also has a time when it gets worse
Yeah i think it is so addictive that some time you lose your concentration of your regular job. Crypto is an adictive thing and especially trading in which you have to keep your sences. I also know a bunch of guys with the same issue. I would say try not to lose your job, do good time management, and if you are really interested in crypto, lets try to find a way to make a permanent living from it.
I think why the price of bitcoin is always fluctuating due to many factors including bitcoin is still illegal in some countries, the spread of negative issues about bitcoin, has not been legitimated as a legal payment instrument in some countries. If only all of these things could be solved, maybe the price of bitcoin would soar
Basically all of them depends upon and specially stock exchange and cryptocurrency on the law of demand and supply, these is the most common law used and applied and used in the consumption industry or the general market, where this variables are inverse in relationship. If supply is high, and demand is low, then the price is low. The effect is inverse if the other factor is considered
Bitcoin is now in the position in which he should be, he will soon begin to climb up, it's just a matter of time.
It will be blowing in the future. Good days are coming and it will happen in the crypto market that those who are holding a good amount they are ready to wait for the right movement and in this way we can become successful in the bitcoin while soon bitcoin will be legally accepted in our country so i will earn bitcoin through selling of different products in the country