It was difficult when you are having capital for investment is coming from a loan or borrowed money from your parents or friends.
I know what they are thinking and that is thining for easy and fast return which I believe it seems to be impossible this time. We can make money in here easily. If that money is coming from a loan, you are badly in losing because of the interest and it might compromise you when you can't pay it unlike if you start with your own money. This is common to us now and to this kind of investment, It is really not a good idea to make.
Topic: Bitcoin current situation - page 4. (Read 1023 times)
my current problem is pull money from that Fu** lovely ATM ... why that machine is programmed to spill 10 bill bank note minimum?
Totally agree with you. Bitcoin almost every year experiences a rise and fall, and people who engage in cryptocurrency do not panic, but use such situations for their own benefit. Emotions and crypto trading are not compatible. Here you need only cold prudence and the brain.
We'll believed how things work here with Bitcoin and other cryptocurrency around the industry. The downtrend in the market place is due to some circumstances which landed the planet earth with pandemic called coronavirus. We all saw that the stock market and cryptocurrency market were hugely affected so the price was down for a longer time now.
Although, the price has started growing up again because of the buy orders from new and old investors. We may be heading towards another new all time high in due time from now before the big event happen in my own opinion.
It doesn't matter when you money loan money or not because the matter is you know how exactly the price movement is. I see often some people here who make a loan and their reason are for to trade which they had know that bitcoin will be up soon. So just thinking about it, you are free to use money but you have to know first before you borrow. Make an analyst first and be sure against it then you will be fine. Cryptocurrency is very dangerous, you can't similar with other investment place like stock market even gold, those are really different.
I start by saying that even if we go through an unprecedented period, an economic and health crisis, I believe that BTC will not die and we must trust the BTC and the crypto market in general. You can't expect short-term profits, because the crypto market is not a gamble. The crypto market is an investment, and the investments are made in the medium and long term. Also, those who lend themselves to investing in crypto do a fool, because you only have to invest the money you allow them to lose, even if you won't lose them. It's an unwritten rule of the crypto market.
Even if they use their own money, they still need to be careful and control themselves so they can prevent the loss. Although bitcoin investment is a risk, as long as we know how to prevent the risk, we can reduce the risk, and we will have a chance to make a profit.
Man, you can't prevent the risk in investing in any kind of investment platform. Reducing the risk doesn't guarantee a profit and prevent a loss.
Nevertheless, investments bares different level of risk, so does in cryptocurrency, depends if you're daily trading, short trade, and long term hodling.
One important factor to reduce the risk level is experience.
But then again, It wont guarantee a profit, because there are still people who has been in crypto space for quite some time and still find it hard to make good gains.
Yes, we can. Just imagine, you have $10,000, you want to invest in bitcoin. You must know that never invest all of that amount in bitcoin because bitcoin is fluctuating, and you never know when the price will increase or decrease. So you can invest from $2500-$7500, and you can save the rest money for another thing. Let say you invest $5,000.
You don't have to buy bitcoin with $5,000, but you need to split it into 2-3 portion to buy bitcoin at various price. That is what I do, and I suggest to my friends, so you can get bitcoin at low, lower, and lowest price if the price is down for more than 1 times.
Investing and trading will not be the same. You should know what you want to do, whether you want to buy and hold or you want to trade daily, weekly, or else. Yes, reducing the risk doesn't guarantee a profit, but you prevent from a big loss. That is one way to reduce or prevent the risk.
Observing the current market, you can't really wait to see your investment grow as there is no significant indication of price increase in the future. The market is too volatile for us to predict that in 3-4 years, our investment will grow. The fact that it is volatile is enough for us to invest in long term even without the need to specify how we will invest our funds. For me, I am willing to invest spare funds of mine, and I am also willing to sell it right, whenever the market shows a good price. That means that I couldn't specify the time I need to invest whether it is long term or not. As long as I have bitcoin's in my wallet, I know that my investment will work.
Markets all over the world are in their low what can we expect?
Thank you everyone for contributing here in this topic
In order to show me respect I wanted to reply everyone here, sadly I can't.
After reading all the posts here I believe you are thinking the same way. If I was not wrong and everything I said above was correct, I hope you people consider thinking about them.
In order to show me respect I wanted to reply everyone here, sadly I can't.
After reading all the posts here I believe you are thinking the same way. If I was not wrong and everything I said above was correct, I hope you people consider thinking about them.
Even if they use their own money, they still need to be careful and control themselves so they can prevent the loss. Although bitcoin investment is a risk, as long as we know how to prevent the risk, we can reduce the risk, and we will have a chance to make a profit.
Man, you can't prevent the risk in investing in any kind of investment platform. Reducing the risk doesn't guarantee a profit and prevent a loss.
Nevertheless, investments bares different level of risk, so does in cryptocurrency, depends if you're daily trading, short trade, and long term hodling.
One important factor to reduce the risk level is experience.
But then again, It wont guarantee a profit, because there are still people who has been in crypto space for quite some time and still find it hard to make good gains.
Yes you’re right , there are lots of people who are trading and investing in bitcoin with money that is borrowed. I have even seen the story of a guy here that convinced his dad and his whole family that they should invest their savings in bitcoin and they gave the money to him to invest and now he lost it. Now he doesn’t know how he’s going to tell his family that he lost the money that was given to him. So, it’s really a big risk for anyone to invest in bitcoin with a money that is not their own. That’s the last thing I have ever done.
One of my friends once told me that he wants to give me money so that I can invest it for him, but refused because I know what follows if the price should fall and I lose the money. So everyone is on their own, if you wan to invest do it with your own money.
One of my friends once told me that he wants to give me money so that I can invest it for him, but refused because I know what follows if the price should fall and I lose the money. So everyone is on their own, if you wan to invest do it with your own money.
Any market has its up and down. bitcoin drops very fast in previous days but now recovering slowly to up. the price has fallen to 3800$ anybody capture that price now will be on profit side.Now bitcoin price increasing day by day is good sign for Cryptocurrencies and it total crypto market will come on line in some times.
So bitcoin current situation is looking good not to worried.market is looking for come back once again.
So bitcoin current situation is looking good not to worried.market is looking for come back once again.
Before we invest in any investment type, we need to learn how we can invest, how the investment will work so we can know how we should treat the investment. People who don't learn about bitcoin investment can make them get to the trap without a chance to make a profit in the future. When they have information about investment in bitcoin, they will be careful, especially if they use the money from taking a loan.
Even if they use their own money, they still need to be careful and control themselves so they can prevent the loss. Although bitcoin investment is a risk, as long as we know how to prevent the risk, we can reduce the risk, and we will have a chance to make a profit.
Even if they use their own money, they still need to be careful and control themselves so they can prevent the loss. Although bitcoin investment is a risk, as long as we know how to prevent the risk, we can reduce the risk, and we will have a chance to make a profit.
I like the encouragement that you're giving here and this is ideal to the folks that were in panic last few weeks ago. To mind those people that are using other money for investing, you guys must change that style and it's not a good thing to touch others money.
All of us want to taste how bitcoin's profitability but it's wrong to use other people's money for your personal interest. We are very much trusting bitcoin but despite of that, invest accordingly with your very own funds.
All of us want to taste how bitcoin's profitability but it's wrong to use other people's money for your personal interest. We are very much trusting bitcoin but despite of that, invest accordingly with your very own funds.
To the people who invested in Bitcoin with loaned money, they don't deserve anything in my opinion. They are stupid and lazy af. Instead of doing something productive that will help them make sure money, they are risking it here in Bitcoin, just waiting and relaxing thinking that Bitcoin will moon the next day. Probably most of them cried when Bitcoin dump to $4,000.
There will always have a problem if the capital you use for investment came from borrowed money. Its investment there is always a risk and no way you can be sure you will earn money by holding a cetain currency. You are not only risking other people's money but also the trust given to you by the owner of the money you borrowed.
Well, always keep in mind that for the investment to be successful you must wait as long as it takes until Bitcoin reaches its Distribution stage, or have at least its bullish trend stage to be able to take profits, if you see Bitcoin As a short-term investment at the moment it is not such a certain movement, because in the world there is a fundamental that affects all markets, I think that for investment it must wait at least until after the Halving of Bitcoin, since at that time Something positive may happen but it is not entirely certain.
It is best to be patient, invest only what you are willing to wait until you make a profit.
It is best to be patient, invest only what you are willing to wait until you make a profit.
The bitcoin immediately fall down because of the virus rapidly spreading because some of the trading transactions are canceled also some of them does not allow having import and export of the other things and foods also they make a quarantine to make sure they are immediately preventing the spreading of the virus, by that many people pulling out their money and investment because some of them does not want to take the risk anymore and they need to use that money or funds to buy a lot of things they needed for the lockdown on their places. Also, we are looking forward that the market price of the bitcoin will back to the profitable way and many people getting more investment and grab the opportunity to make income for the next days.
Well, always keep in mind that for the investment to be successful you must wait as long as it takes until Bitcoin reaches its Distribution stage, or have at least its bullish trend stage to be able to take profits, if you see Bitcoin As a short-term investment at the moment it is not such a certain movement, because in the world there is a fundamental that affects all markets, I think that for investment it must wait at least until after the Halving of Bitcoin, since at that time Something positive may happen but it is not entirely certain.
It is best to be patient, invest only what you are willing to wait until you make a profit.
It is best to be patient, invest only what you are willing to wait until you make a profit.
To the people who invested in Bitcoin with loaned money, they don't deserve anything in my opinion. They are stupid and lazy af. Instead of doing something productive that will help them make sure money, they are risking it here in Bitcoin, just waiting and relaxing thinking that Bitcoin will moon the next day. Probably most of them cried when Bitcoin dump to $4,000.
2-3 years is considered long-term? Damn. I know it's subjective but in my opinion the bare minimum of "long-term" should at least be like 6 years or so.
Many investors are recommending people to do to enter any project with the money they need, use the part of money you don't need it.
I don't think people should be recommending people to invest in a risky asset at all. This is the reason why I really never suggested buying bitcoin to anyone I know personally. I just talk about bitcoin sometimes, and it's completely up to them if they're interested enough to look it up and actually invest. 
If you invest in Bitcoin, make sure that the money used is not going to be needed any time. If possible, it should be your extra savings. Otherwise, you might be forced to give your Bitcoin up for a lower price. Of course, long term investment is more preferable but then there is still no guarantee that everything will unfold smoothly. 2-3 years may be a nice investment term but then unforeseen circumstances may suddenly arise that would cause a terrible performance of the market. We should have realized that by now.
Today the market price of the bitcoin fall immediately because of the virus spreading and it hits hard to all of the trading transactions, it is good to make the investment because one of the lower prices of the bitcoin fall for over 3.9k dollars and this is good for investment that in the next coming months you will not get a huge income because the halving is coming too so there is a chance it can be double or triple your investment just wait the right time also don't get easily scared about the market price because it is stable today for over 6-7k this time there is a pending process to make it goes up after the virus has a cure and lessen the victims.
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