Topic: Bitcoin - reason for long term invest - page 2. (Read 975 times)
For sure it wl recover again so that's why you need to wait the price to increase again. Longterm is the best option because if you are going to choose shorterm it is not enough to get your money back or recover again . Longterm is getting your rich.
My reason for long term investment is the outlook for a freelancer.
I am not smart nor a genius on many subjects but I have been capable of living my life from home making enough money to support my life for the past 2 years without going to any work, that was possible because of bitcoin, that means bitcoin does have a big impact on our day to day lifes even if many people see it as a way to make more money via trading.
If you take the bitcoins project at face value you can see that it is solving a lot of worlds problems easily by eliminating global money transactions costs and making it very easy for small amounts of money to be transferred to you. If you are living in a third world country making 99 cents an hour is really impossible because getting paid part would be difficult, how would someone pay you 10 dollars a day, however in bitcoin or any other crypto its quite easy to send that type of money to someone.
I am not smart nor a genius on many subjects but I have been capable of living my life from home making enough money to support my life for the past 2 years without going to any work, that was possible because of bitcoin, that means bitcoin does have a big impact on our day to day lifes even if many people see it as a way to make more money via trading.
If you take the bitcoins project at face value you can see that it is solving a lot of worlds problems easily by eliminating global money transactions costs and making it very easy for small amounts of money to be transferred to you. If you are living in a third world country making 99 cents an hour is really impossible because getting paid part would be difficult, how would someone pay you 10 dollars a day, however in bitcoin or any other crypto its quite easy to send that type of money to someone.
after I made this my post:
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
In case of bitcoin you have 2 options:
day trade
Hold
You can also use both options simultaneously
You can do daytrade and the daytrade profit can increase in the portion of HOLD.
I will not talk specifically about daytrade, I will talk about HOLD, in my opinion to have high profit in crypto world with hold the person should be willing to hold for 3 years. Basically: buy a lot of bitcoin today and just count on high profits in 3 years, probably in 3 years you will see a profit of 3X or 5X or 10X. But just wait 3 years to make a high profit, you may have a high profit before those 3 years, but when you set a goal of 3 years to make a high profit, then you do not have extress and do not create high expectations.
I let some days pass by to see if you would respond in this thread, but:
Name: pwl_m_tommi5
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Date Registered: December 16, 2018, 09:44:07 PM
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investment must contribute to many aspects to get profit and bitcoin is a cryptocurrency that has a graph of the fantastic rise in tang value for 10 years. sulut to find investment products as well as current bitcoin and crypto if you compare them with other investment products
Crypto value is unstable and for investing, I prefer strong coins so that my investment is safer, and therefore I choose bitcoin which is the main crypto coin.
I think bitcoin is worth holding in the long run, the market is currently heading towards recovery and that will be an opportunity for good profits going forward.
Hey to maximise your earning potential from bitcoins, you should hold it for the long term to fully unlock it's potential to reward you. If you see people panicked and sold their coins at 3k levels, and now prices are already around 4K levels it's the power of holding. Also it's pertinent to note bitcoins is based on demand and supply, and in the long run the demand surpasses supply thereby increasing your coins value.
BitCoin is good for longterm because I believe it will recover again the value of this coin and maybe it will increase the value higher more.
But it depends when you will hold your bitcoin maybe few months or few years depends on your prediction to bitcoin price.
But it depends when you will hold your bitcoin maybe few months or few years depends on your prediction to bitcoin price.
I think bitcoin is worth holding in the long run, the market is currently heading towards recovery and that will be an opportunity for good profits going forward.
Reason in holding long term is to achieve your profit simultaneously but you need to wait patiently. Day trading also contributes the price grow faster while you are holding your other crypto assets. The circulation of Bitcoin transactions in every people holding Bitcoin will make price expensive or have progressed in the price movement in the market. In my own, Bitcoin should be used as a payment currency it will help also to grow price not only holding on it.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
Bitcoin is not something that you can put x amount of dollar in and than take out 2x amount of dollars when the price goes up . The purpose of bitcoin is to make people realize that democracy is not something we need in politics, not that we have proper democracy in our politics and almost half of the world has elections that are either fake or at least somehow tampered with but even in politics democracy gives us a bit of hope, so we need the same on our money as well.When it comes to bitcoin that is the most democratic way money can be where everyone has a say and there is no outside power that could change anything how bitcoin is working, with decentralized power no one can make bitcoin work differently or change the main aspects, they need a democratic voting occur with miners and what is wanted most will happen.
Maybe you should try to do some research and make that decision on your own. From your research obviously, you will find out the reason why you should actually be investing in the long term or not. First and foremost, there is a lot of handwriting on the wall for everyone, and when it comes to a market that is new and evolving into a better one every day, I guess one way or the other, you will get to find your question answered as the case may be.
I hope you buy then because bitcoin has rise of recent significantly. I think we are not going to have a wonderful market but if you buy when bitcoin was around $3200 you could have add around $1000 to you profits as the market has rise significantly.
The reason behind long term investment is there are lot of predictions for BTC in future like it may go more than 100000k in future so just calculate the profit In case if you buy BTC at this moment. It's just a assumption not a reality anything can happen in future there is no guarantee.
That's because bitcoin is an original coin of crypto, bitcoin is the main one in crypto and that will make bitcoin a viable choice for long-term investment.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
In case of bitcoin you have 2 options:
day trade
Hold
You can also use both options simultaneously
You can do daytrade and the daytrade profit can increase in the portion of HOLD.
I will not talk specifically about daytrade, I will talk about HOLD, in my opinion to have high profit in crypto world with hold the person should be willing to hold for 3 years. Basically: buy a lot of bitcoin today and just count on high profits in 3 years, probably in 3 years you will see a profit of 3X or 5X or 10X. But just wait 3 years to make a high profit, you may have a high profit before those 3 years, but when you set a goal of 3 years to make a high profit, then you do not have extress and do not create high expectations.
It is the best time to invest in BTC or any other crypto currency if you want to pursue your carrier in crypto field. In other words it is giving you second chance to earn from crypto currency. If you have not earned from December 2017 experience. Just invest maximum amount and wait for few months.
Yeah holding long-term is profitable, the reason is because the price of bitcoin always rises in a period of several years (long term) and that's the basis of holding your bitcoin, you can profit 2 times without doing anything, you can work at another job and make a profit after a few years later.. 
Because it will recover again the market for sure. It will good for the next few years and you will earn more money again.
Just be patient, believe, trust, and invest again and keep holding your bitcoin and you will get more profit.
Just be patient, believe, trust, and invest again and keep holding your bitcoin and you will get more profit.
now is a very appropriate time if you want to invest in bitcoin, yesterday the price of bitcoin has shown signs of recovering and in my opinion this is a very good sign. start your long-term investment now or you will be late.
I don't necessarily think that bitcoin will behave like stocks. They are completely different in terms of the motivations behind people investing in them, as well as the way that profit is generated.
on the surface it may appear so, but i believe most interest in bitcoin is speculative, in search of capital gains---just like the stock market. so the true motivations (fear and greed) are exactly the same. that's why it's no surprise to me that for the last decade, the charts of both bitcoin and stock indices have risen in tandem. it's been a bull market context: credit's been easy, QE pumping anything and everything. we'll see what happens if the FED truly unwinds QE and raises rates.
Speculative? What is not speculative today, people are doing that. Behind bitcoin there is chain, blockchain, and on the surface you can find some similarities between stock and crypto market, but when you look dipper you will see many differences. Fact is that stock markets are safer and less volatile than crypto markets, but there is a reason for that, behind stock market you have strong companies that exist for centuries, crypto market is still very young, baby compared with them. If anyone thought that crypto market will have an easy way to the top of the world wrong, it`s a tough fight, but there is one more angle from where you can look at the situation, for this short period crypto did a lot, thanks to the internet of course, here on internet things tend to spread much faster, especially if they are great.
I don't necessarily think that bitcoin will behave like stocks. They are completely different in terms of the motivations behind people investing in them, as well as the way that profit is generated.
on the surface it may appear so, but i believe most interest in bitcoin is speculative, in search of capital gains---just like the stock market. so the true motivations (fear and greed) are exactly the same. that's why it's no surprise to me that for the last decade, the charts of both bitcoin and stock indices have risen in tandem. it's been a bull market context: credit's been easy, QE pumping anything and everything. we'll see what happens if the FED truly unwinds QE and raises rates.
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