BITCOIN : Oppotunity Or Challenge? - page 16.

Zach707

newbie

Activity: 210

Merit: 0

Quote from: Kynner on February 21, 2018, 12:30:41 PM

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.

I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

It is both. Opportunity because it can provide financial stability and good profit to anyone. It can contribute to economic growth in any country. Challenge because you have to discover on how to have a good profit. How it should work and not to lose money in it.

bnhbg

newbie

Activity: 8

Merit: 0

Investing in Bitcoin is challenging, but I would like to see it more as an opportunity. Every new technology emerges as an opportunity, and a wave of people following technological development is always the most successful.

NathanJB

sr. member

Activity: 756

Merit: 251

Quote from: Kynner on February 21, 2018, 12:30:41 PM

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.

I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

Based on what you have read from Ebooks and over the internet, do you think Bitcoin is a multi level ponzi scheme? I cannot understand the logic behind such an accusation. In a ponzi scheme, you have to convince other people to join into the investment so that what you will get from them will be the one to be used in paying the higher ups. And then the new comer will also be recruiting new members for the same purposes. You cannot find that in Bitcoin. Apparently, your parents know a lot lesser than you and you need to educate them more about Bitcoin.

trinhdinhthang20007

member

Activity: 266

Merit: 10

Quote from: Kynner on February 21, 2018, 12:30:41 PM

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.

I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

For me BTC investment is still a profitable investment, but now it is a difficult period, you find the most appropriate point for yourself and consider the amount you can lose, challenge, opportunity always comes with risk. Personally, I believe that BTC will increase strongly in this year and next year. Make wise investments with money you can reap if you lose.

Markpet01

newbie

Activity: 124

Merit: 0

It is a opportunity because it makes the life of the people easy and harmoniously by giving the things that you didn't have before.

christina30

member

Activity: 364

Merit: 10

For me bitcoin is both oppurtunity and challenge. Its a big opportunity if you can joined bitcoin. And its a challenge how can you make your profit grow.

uppon

newbie

Activity: 105

Merit: 0

You don't have to buy a lot of Bitcoin. You don't need to borrow a large amount of cash. You can also buy other cryptocurrencies and spread the investment, but you have to do research before that.

jamelyn

full member

Activity: 518

Merit: 100

It is an opportunity in the sense that you can freely move your money without tax. Keep in your mind that wallet will be safe unless you made logins on phishing sites or sharing your private key. And also bitcoin is not multi level ponzi but those investment sites are. If they are still doubting then you must produce your own money instead of borrowing from your parents.

Peashooter

sr. member

Activity: 868

Merit: 257

Quote from: swissgang on February 21, 2018, 12:42:30 PM

Bitcoin is no doubt risky investment, but it depends on people, bitcoin is opportunity to some and challenge to some. I think you should not borrow money to buy bitcoin.

For me is both it is challenge and opportunity because all invesment have risk it is a challenge for me, for a value of investment and big opportunity for me for value much higher value cause this is the time to gain more profit.

supermine

hero member

Activity: 826

Merit: 518

Quote from: Kynner on February 21, 2018, 12:30:41 PM

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.

I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

Bitcoin is just an golden opportunity for the 21st century people because it gives the way for us to make huge money in short time.

You need to understand what is bitcoin if you want to invest on it,bitcoin can never been hacked only the bitcoin wallets can be hacked so you need to buy hardware wallet for ultimate protection.

Why do you think it is a ponzi?it is just an virtual currency and it is very expensive due to high demand.So the term ponzi never suitable for bitcoin.

gabinsight

newbie

Activity: 238

Merit: 0

Bitcoin is an opportunity that can become a challenge if the right measures are not taken by the individual involved.. One of the basic factor that determine this, is timing. For example those that invested in bitcoins early last year(2017) must be smiled to the bank when it's price rose from 5k to 20k later that year and early 2018, while those that invested very late last year will be sad right now as they witness a sudden price drop from the same 20k to around 3k.. So that's how this thing works. Experts have always warned that you shouldn't use an uncomfortably large amount of money when investing in bitcoins and that's because it's outcome is somewhat unpredictable. But if you ask me I will advice you to invest right now since the price is still low, but you should invest wisely though.

JoshMart

jr. member

Activity: 224

Merit: 2

The Experience Layer of the Decentralized Internet

For me it is an opportunity, a great opportunity for you to be an investor and be able to gain great profits in return. But you have to understand that all investment businesses are risky, so for me borrowing money for this kind of investment is something that I would not recommend. It is really good that you want to invest in Bitcoin but more than the knowledge from books and internet, read more of the strategies and experiences from this forum, it will help, you have to equipped your self with the skills and be prepared financially, mentally and emotionally because it will be one hell of a ride once you invest in Bitcoin but if you stay strong and keep your faith, the returns will be worth it,
Good luck.

Kynner

jr. member

Activity: 188

Merit: 3

Quote from: JPCain on February 21, 2018, 04:49:27 PM

I look at Bitcoin and cryptos for that matter against percentage of circulating currency. It is massively under valued now for it's potential so it has to be an opportunity.

After many days I have found exactly what the answer I need is, how to use it for exactly a difficult math problem for many newbies.

bololord

full member

Activity: 420

Merit: 101

Quote from: Kynner on February 21, 2018, 12:30:41 PM

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.

I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

I already seen the bitcoin's capability of bringing success to anyone, i saw a lot of lives has change because of bitcoin. I advice you to study and read more about bitcoin since bitcoin is has a very broad system.
Invest more because bitcoin can really a game changer in terms of financial terms and can change the financial system over the country which will give us a fair distribution.

GC2263

newbie

Activity: 64

Merit: 0

If it is achallenge then it is an opportunity too. Timing is always key in any investment. Buy or sell at the right time makes the difference between earning and losing. With loads of good and bad news on bitcoin, the price will continue to be volatile hence.

Anyway, good luck to you.

andrei214

full member

Activity: 224

Merit: 100

Quote from: Kynner on February 21, 2018, 12:30:41 PM

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.

I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

Investing in bitcoin becames a big challenge for the investor due to its unstable price rate.But then when you succeed and luckily gets invest in the time where bitcoin reaches its peaks you will be very lucky, and it can be a real opportunity for every investors to reach the highest profit they needed.

Uno17

member

Activity: 322

Merit: 12

Bitcoin is an opportunity that could help people in so many ways. This is actually a blessing to many people who wanted an extra income, and even a total source of income to those who are unemployed and any status in life nowadays are eager to join bitcoin and to those who have already joined they are now enjoying the fruit of bitcoin, on the other hand there is a challenge also to the beginners, seeing to others have succeeded far in the bitcoin world. They might even think if others can do, why can’t I? Maybe that’s the challenge there, but it is more on great opportunity to everyone...

shezu007

full member

Activity: 336

Merit: 121

For me both oppertunity and challenge.Yet it is unsafe to put cash in Bitcoin yet it will be your test on the off chance that you need to push it.Nothing is changeless in this world,you need to accept the open door that you have regardless of whether it falls flat you like in bitcoin you never know whether you will prevail on your venture yet you need to go for broke on the off chance that you need to gain cash.

uelque

full member

Activity: 812

Merit: 126

Let me say it on a brief statement; It will only become a challenge once you fear opportunities. And it will only become an opportunity once you don't mind challenges. Challenges and opportunities are all around here in bitcoin, everywhere even on the real world, but it is up to you, how you want to make it want you really want it to be!

All I'm saying is, your success here in bitcoin doesn't depend whether it is considered as a challenge or an opportunity, but how you handle both! Wink

sana54210

legendary

Activity: 3346

Merit: 1128

Quote from: Radio-Active on March 04, 2018, 12:23:33 AM

why not both ? i think bitcoin is a challenge and opportunity.
because bitcoin give us the opportunity to earn more profit, and challenge us to learn and develop more about bitcoin.

Being an opportunity bitcoins have made fantastic results in recent years but being a challenge, people are not ready to get this thing.

We always go against challenging thing because it will cost much hard efforts and concern and on the other side, we are lazier than a turtle. We want to get money but we don’t want to engage ourselves in such charismatic challenges that lead us toward success.

Topic: BITCOIN : Oppotunity Or Challenge? - page 16. (Read 2013 times)