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Showing 20 of 103 results by lucy1215
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Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
lucy1215
on 17/03/2018, 23:22:03 UTC
Bitcoin most probably would be used by the people who knows how to use it because it would take time and courage for the people to accept and adopt the use of crypto currency. If the countries government would implement and require their nation to use it as a currency that would definitely happen in 2022. And i think bitcoin would not destroy the fiat system maybe it would come a time that fiat will be faced out because of the advance technology.
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Topic
Board Economics
Re: why do people agree to pay taxes?
by
lucy1215
on 17/03/2018, 23:13:55 UTC
The people agreed to pay taxes is because it is mandated of the government law thats need to be followed in every country. Not following the law would result to disrespecting the law and can be filed a case against the person who doesn’t follow. I think i haven’t heard any country who doenst have a tax law.
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Topic
Board Economics
Re: Invest in BTC vs Invest in Real Estate?
by
lucy1215
on 17/03/2018, 23:09:24 UTC
We can never go wrong with both investing in btc and real estate. Is just so happen they have different profitability range. In Real Estate you have to wait for so many years before the actual value goes higher and this investment is not a liquid investment that you can encash anytime. BTC is a liquid investment that we could sell and encash anytime we want to the risk in investing in btc is the unstable flactuation of the market the so called volatile market. But if i will choose between the two i would go for bitcoin because of the higher profitability rate we just need to manage our investments to avoid any losses.
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Topic
Board Bitcoin Discussion
Re: Can bitcoin survive?
by
lucy1215
on 02/03/2018, 05:31:50 UTC
After there is a BCC can the bitcoin survive or bitcoin will be much more up the price after this
What do you think about this?

Of course Bitcoin continue to survive and its been years since it exist and now it has a higher value and the value still on the increasing trend and it is getting even more and more popular that's why many investors are investing in bitcoin because of the profitability.
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Topic
Board Bitcoin Discussion
Re: Beware my Filipino friends of Facebook bitcoin groups
by
lucy1215
on 27/02/2018, 12:32:53 UTC
There are a lot of Filipino Facebook groups that scam newbies. I got wary of this issue because one of my friend got scammed because he joined a "pool" but after a lot of promises the one that "pooled" their coins just vanished in an instant.

Please my Filipino friends, beware of FB groups because most of the posts there will just make you lose money.

Scammers are scattered around the world so everyone should be very careful and do not trust to much to avoid being scammed put in mind that you should manage your personal investments and do not join any group that promise a bigger profit by investing your capital to their group. We need to evaluate and observe every transactions that we are going to do to avoid scams.
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Topic
Board Speculation
Re: Bitcoin:Hodl or sell
by
lucy1215
on 27/02/2018, 12:22:44 UTC
Is it a time for bitcoin hodl or sale? Please suggest me!

As far as the market is concern i think it would be best time to hold bitcoin now because of the potential in the market and based on analysis of experts bitcoin value would still go up thats why i keep on holding.
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Topic
Board Trading Discussion
Re: Advice for those who are in a minus and a loss. DON'T SELL!
by
lucy1215
on 17/02/2018, 14:13:16 UTC
If you are in the minuses, you have your own, and not borrowed money, you do not have a shoulder and you believe in the future of the crypts - just cross this fall. You lost the time, but did not lose the game. Forget the time for the market. Loss you will appear exactly when you fix it. Now you are just an investor. For you it's a good time to step aside and think with a sober glance at where you made the flaws. The market is cyclical. Believe my experience. After the falls there is only one way - growth. It can be long or fast, painful or enchanting. But in any case, to the right. If you believe in what you have invested in, wait and do not be nervous.

Just apply the general rule sell only at high cost. Based on experience it is really stressful seeing our investments at loss thats why i do keep holding and wait till my investments earn enough before i would panic selling. Risk tolerance is the most important thing we should possess because if we are not a risk taker we might end up at loss.
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Board Trading Discussion
Re: What to do when prices are falling
by
lucy1215
on 17/02/2018, 14:09:46 UTC
Hello. I have a folio of BTC, ETH, NEO and some alts. I've been watching at Bitcoin since 2015 but bought only at this summer (and the last move was quite bad, I bought some BTC for $4600). I try to study, watch vids, read forum and twitters. Chris Dunn has a vid on the topic but nothing really specific. I'm interested in some ideas about what to do when prices are falling.  Sell alts and hold bitcoin? Short? (and if yes, so the next question is how to learn how to short?).

When the prices are falling and your investment is at loss just hold your coin and remember not to sell at loss wait for your investment to earn interest before selling otherwise it woukd bring you so much stress because of the losses. Ad a general rule Buy low and sell high only that should be your targe setting in investment.
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Topic
Board Bitcoin Discussion
Re: Is It advisable to quit my present job for bitcoin?
by
lucy1215
on 09/02/2018, 13:58:21 UTC
Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks

If you had earned enough money from bitcoin trading that can compensate your lifetime expenses go ahead you can resign from your present job. But if it cannot sustain your lifetime expense better not quit.
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Topic
Board Speculation
Re: Is it true bitcoin will fall to the leve of $1800 or $1500 ?
by
lucy1215
on 07/02/2018, 13:40:08 UTC
Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by  retail public users.

Anything can happen in the price of bitcoin no one can control the flactuation of the market. The flactuations depends on the investors who invest and who dumps the coin.
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Topic
Board Bitcoin Discussion
Re: Is bitcoin loses its popularity ?
by
lucy1215
on 05/02/2018, 13:02:17 UTC
Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?

Of course bitcoin is still popular even the prices are extremely falling down no alternative coin can go further the price of bitcoin. The price drop is only temporary it would recover in the next coming days or months. Si better stop panic otherwise you will loose all your investments.
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Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
lucy1215
on 28/01/2018, 12:44:26 UTC

To end world poverty depends on the people on how they will cope up and resolve their daily living not all people do know about bitcoin. It would take time for people to understand bitcoin. So bitcoin cannot end world poverty unless eah individual has a proper education.
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Topic
Board Economics
Re: Investing money on bitcoin..!
by
lucy1215
on 28/01/2018, 12:35:05 UTC
Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?

I think it is good to invest your hard earned money but make sure that you know the risk you are taking and you will not put all your money in just one basket. It would be better if you will invest in different crypto currency to avoid massive loss.
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Topic
Board Economics
Re: Some things to consider before starting a business
by
lucy1215
on 25/01/2018, 12:21:52 UTC
Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

First you must choose the business that really interests you and you will enjoy doing and will also benefit you. Then make a feasibility study and if its feasible then continue to put up your business and make sure you will manage it well to be able earn a good profit and to gain your return of investment in a short period of time.
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Topic
Board Economics
Re: Is it better to save money or invest it?
by
lucy1215
on 21/01/2018, 12:47:52 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?

It is better to invest money because in investment our money could grow more bigger and more profit unlike in ordinary savings in banks our money will just sleep there and will not earn good profit.
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Topic
Board Economics
Re: DON'T DO PANIC SELLING !!!
by
lucy1215
on 19/01/2018, 11:45:53 UTC
True do not panic selling. Panic can cause so much stress to us because of the losses we might incurred during the panic selling better yet evaluate the market and its history first before selling on panic time.
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Topic
Board Bitcoin Discussion
Re: Why you should focus more on saving bitcoins than selling your bitcoins
by
lucy1215
on 14/01/2018, 08:17:49 UTC
The answer would be because of the possibility that bitcoin would grow much even higher. The longer we save bitcoin for a long period of time the higher profit we might earn.
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Topic
Board Bitcoin Discussion
Re: Is holding bitcoin Greedy?
by
lucy1215
on 13/01/2018, 01:45:40 UTC
Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?

I think no its not greediness. If you are a smart and wise investor you will do the same the more time you hold the bitcoin the better earnings we are going to have. We cannot call it greediness it depends on the investors gow long they want to hold their investments.
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Topic
Board Bitcoin Discussion
Re: Does Social Media Influence bitcoin growth?
by
lucy1215
on 03/01/2018, 13:55:46 UTC
Does Social Media Influence bitcoin growth?



Social media has an impact in the growth of bitcoin. Social Media is a way of marketing to market the crypto currencies to be known by the people around the world who uses social media and with that the coins can be easily known the people.
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Topic
Board Off-topic
Re: Bitcoin community is rising.
by
lucy1215
on 03/01/2018, 13:50:04 UTC
What do you think a about it? is it good or bad for bitcoin?

That is good for bitcoin it only means that the demand will be getting higher and bigger meaning the value of bitcoin will rise and rise and rise that is more profitable for most of the investors.