Things you should know before investing in bitcoin

What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.

it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer

Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "

Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.

Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".

Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.

Bounty hunters help to expose ICOs to crypto related audience to attract investors for the project. No matter how promising the project may be, if the ICO fails, the project won't see the light of the day. Bounty hunters are very important in ICOs. But there is one thing am not happy about bounty hunters. They usually dump their coins at any price the moment it is listed on an exchage which usually drops the price of the coin even below the ICO price putting the investors at a disadvantage. I want to advise the hunters to hold their bounty tokens for a while in order to maintain a good price for the coin. We shouldn't forget we are all stakeholders

Bitcoin is not yet on that level of influence on countries but rather its economic effects are felt on the level of individuals. Jobless moms, overseas workers, unemployed individuals, students and many more have started to earn online jobs due to bitcoin. In this area we can say that some countries the poverty rate have reduced not on a big scale but on a small scale. But even though this maybe only felt by some few, it is still a helpful currency that allows people to earn online.

There are multiple projects going on in a similar domain. I don't know they really want to help the society with the integration of blockchain or just wanna look "Cool" by adding this term to their spineless projects!
They are running their projects on just one use case and that also framed by them! Just adding blockchain will not help anyone they need to be sure that they are actually solving an existing problem in the current system.

what you think of these 4 projects? all 4 are necessary? are they worth investing? which one is better?

I'm extremely depressed about my impatience and persistence.
I'm a stupid man. Fuck myself.
I bought the ETC when its price was 15$, i kept it for three months, including when it down at 9$, I still don't sell, because i believe it. And when ETC rise to 15$. I sold everything and waited it down $ 13 to buy more. But, fuck myself, the next day it rise to fucking 30$, Are you kidding me?
I bought 5000 XRP from May, i still believe it, I bought more yesterday, I bought when its price was 0,00001610sts, and when it down 0,00001558, i afraid BTC up, XRP down. So i sold everything. And... This morning I woke up with a sense of chest not say words.

This is my mistake, definitely like that. I can't blame anyone.
I told myself, "The market is still there. Nothing to hurry"
I don't complain, i post here just relieve stress. I didn't  tell anyone about this, including my wife.
Thank for listening.

there really isn't any kind of limit to how much you can profit from investing in altcoins. it can be from losing 100% of your investment and going down to 0 up to millions of dollars!

it depends on a bunch of things. starting with your experience in trading and in knowing how altcoin market works conversely the pump and dumps. if you have no experience and want to randomly buy based on what others tell you and what they hype up then you will end up losing a lot of money.
then it also depends on how much you are willing to invest and take risks. obviously you can't become a millionaire investing $1 but you will be taking a much bigger risk investing a higher amount.

If you read news like this https://www.ccn.com/mysterious-asian-whale-begins-funneling-funds-back-to-huobi/ that there is someone who has mysteriously bought a large amount of bitcoin. Then sell. All I can read is that Bitcoin has a fan of "Giant" who likes to invest and sell Bitcoin. This means Bitcoin will continue to run. What to worry about? What I do not want is if there is no Bitcoin buying and selling activity. Because that means Bitcoin no longer has any interest. That's what I should be afraid of.
This is just My Opinion Personally. Please fix it if it's wrong.

Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

Today as we modernize some of the aspects in the economy like in the production wherein pneumatic machinery are being introduce. Thus, innovation has already prove its efficiency in the production which lowered the production cost. In the areas of transportation, there are cars also being introduced that run by a battery and efficient also and economy in terms of expenses maintenance compared to gasoline powered cars. Other than that there are already other inventions that promote the comfort of living in life. Thus, digital currency is another innovations. Could you consider bitcoin as the new innovations for fiat money? The answer will be used in my research term paper for the adaptation of unified digital currency that could be used by the people around the world.

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

Here in my country they thought bitcoin is just a scam only few people can fully understand what is blockchain and crypto currency so everytime they will hear bitcoin people will say you should stop that because its a Scam.
How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?

when bitcoin prices are drops, I think we better talk more about the positive value of bitcoin. do not think about the value of bitcoin today, because thinking about it will only make us panic and confused. enough G20 make us calm.

So, now. we are talking about the benefits of bitcoin if bitcoin managed well.

what do you think if bitcoin is managed well by a country?

We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
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Some Banks have started to offer few Bitcoin services to their customers. But I haven't heard of any bank offering deposits yet.
We're not too far behind though since many new projects are incorporating transaction of traditional banking systems into their projects with Blockchain underlying the project. So mergings could arise very soon.

Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??

Bitcoin is a crypto currency, all currencies make upward and downward trends from time to time. Bitcoin is and other Crypto currencies are taking over the world economy. See every dip as an opportunity to buy more.
Invest now and smile at moon

Guys we are very much aware how the crypto community through this great forum has helped most of us in terms of our finances but is so heartbreaking that the most of the public views only describes how insecure and unsafe the crypto community is. I do understand that cryptocurrencies are volatile and the issue of anonymity sometimes scares people away but y'all bear with me that if  crypto is explained to you and you really understand it properly you would not make wrong mistakes and get swayed away by panic sales or submit your private key as ethereum wallet address. Is it a public campaign or some other form of tutorial that we should organize to help explain crypto to the world because believe it or not the blockchain technology of cryptocurrencies is being admired by most organizations and some of them have decided to run their operations with the use of blockchain technology. What can we do as a community to help change the public view of Crypto?

Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.

The question however is, can blockchain succeed without bitcoin?