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Topic: Bitcoins Issues. - page 3. (Read 666 times)

member
Activity: 1120
Merit: 68
June 05, 2021, 04:58:11 AM
#46
Don't be discouraged if you have to go ahead believing in bitcoin investing. If you can master the right business strategies you can make a profit no matter what the price volatility in the market so keep an eye on bitcoin without thinking of any issues this is the right time to hold and the market is likely to rise. The use of bitcoin as a digital currency is increasing in many countries.
Exactly, the more you worry, the more your judgment gets clouded on what you should do. As @Xinarae* said, you should learn how to make a positive out of any situation and how you can make money out of those situations.
legendary
Activity: 2296
Merit: 2721
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June 05, 2021, 01:48:03 AM
#45
-snip-
You can trade on Bitcoin, if you have enough money ability, I mean you buy when the price is low and sell when the price is high, it's a common method that people do and get good results.
You say that as if it were so easy, but it is absolutely not. Anyone who has tried to trade knows how difficult it is to time the market correctly and not to make any short-circuit actions (selling in panic, buying at the top because "it's still going up", ...).

Trading is very difficult, especially psychologically, and you must not allow yourself to deviate from your trading plan. It is definitely not as simple as "buy low sell high"!
legendary
Activity: 2128
Merit: 1775
June 05, 2021, 01:21:50 AM
#44
Being trader we must smart and confidence to trade without any doubt.
This is a good point, intelligence without capital will also produce bad results, these three factors must go hand in hand, you must know the news that is quite popular so far about 'Elon' he has those three characters.

You can trade on Bitcoin, if you have enough money ability, I mean you buy when the price is low and sell when the price is high, it's a common method that people do and get good results.
sr. member
Activity: 1414
Merit: 326
June 04, 2021, 11:40:26 PM
#43
Don't be discouraged if you have to go ahead believing in bitcoin investing. If you can master the right business strategies you can make a profit no matter what the price volatility in the market so keep an eye on bitcoin without thinking of any issues this is the right time to hold and the market is likely to rise. The use of bitcoin as a digital currency is increasing in many countries.
sr. member
Activity: 1344
Merit: 253
June 04, 2021, 09:52:39 PM
#42
Volatility is the main reason why it can't be used as currency because the value of bitcoin is highly oscillating all the time, so one who take it as payment may lose the value even when the transaction is in process.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.
Yes this volatility can cause alot of issue during transaction between the two parties involved in the transaction so i also dont recommend it as a regular way to use it as a currency. Yes for investing in bitcoin there is no doubt at all.
That's the problem that's why many businesses are still hesitant to accept Bitcoin as mode of payment so I think it will be hard for them to remain profitable since there's no assurance for that as per Bitcoin volatility. Right now, it remain as one of the best investment asset and not a currency and this cryptomarket already proves that not just Bitcoin but also many altcoins. For a trader and long term investor, cryptocurrency is a great place for them despite of the risk.
maybe it is also one of the reasons the government has not legalized it as a means of payment. especially with a relatively large fee for bitcoin, sometimes it is not suitable for use in transactions with a small nominal
legendary
Activity: 3122
Merit: 1102
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June 04, 2021, 06:28:23 PM
#41
Volatility is the main reason why it can't be used as currency because the value of bitcoin is highly oscillating all the time, so one who take it as payment may lose the value even when the transaction is in process.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.
Yes this volatility can cause alot of issue during transaction between the two parties involved in the transaction so i also dont recommend it as a regular way to use it as a currency. Yes for investing in bitcoin there is no doubt at all.
As a investor this may sounds good but as a crypto enthusiast its very worst thing to accept because bitcoin was actually made to be used as currency but we all are using it for other purpose than the transacting as actual payment modes.

it evolves to being used for investment purposes rather than use it as a currency for payment options owed to its high volatility feature. so it really depends on you if you want to use it for payment purposes or just keep it for investment purposes, because volatility will not go away anytime soon. some people complain about such feature but why not take advantage of such feature and make the most of it. because as a crypto user, you can't do much about it but just act on what is presented on the market.
sr. member
Activity: 2520
Merit: 280
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June 02, 2021, 12:39:28 AM
#40
Volatility is the main reason why it can't be used as currency because the value of bitcoin is highly oscillating all the time, so one who take it as payment may lose the value even when the transaction is in process.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.
Yes this volatility can cause alot of issue during transaction between the two parties involved in the transaction so i also dont recommend it as a regular way to use it as a currency. Yes for investing in bitcoin there is no doubt at all.
As a investor this may sounds good but as a crypto enthusiast its very worst thing to accept because bitcoin was actually made to be used as currency but we all are using it for other purpose than the transacting as actual payment modes.
sr. member
Activity: 2520
Merit: 280
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June 01, 2021, 11:28:59 PM
#39
Volatility is the main reason why it can't be used as currency because the value of bitcoin is highly oscillating all the time, so one who take it as payment may lose the value even when the transaction is in process.

While the high volatility is also the main reason why more people are interested in crypto investments because it can help the to make profits in quick time.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
June 01, 2021, 04:58:59 AM
#38
for those who can take advantage of the volatility of market movements then they will be successful in this business, but many people are tempted to get rich quick without having any knowledge. therefore only a few people can survive in the market, because the market psychologically attacks every trader
The mindset about getting rich quick, they're always the ones that will lose a lot in this market. They don't study how the works, how volatility can be a disadvantage or advantage to them. What matters to them is how they'll become rich without doing anything. The lazy way of getting rich. There's no such that can do and that's what they have to understand because it's very important that they need to have the basic knowledge how bitcoin's volatility can be a feature and a way for them to reach that they want to reach.
sr. member
Activity: 1176
Merit: 252
May 31, 2021, 02:36:58 PM
#37
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.


You made a good statement about the bitcoin.Most of the people who had earned more from bitcoin will say this same one.Because bitcoin was a lucky slot to all the investors.To get only profit from the slot,you need to keep hold of bitcoin.With all the mentioned things,you need to add the patience and holding in your cart.It's most essential one.
legendary
Activity: 2450
Merit: 4295
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May 31, 2021, 01:45:57 PM
#36
Volatility is already part of bitcoin or crypto market. So yes, it should not be a big discussion anymore. We already embraced such property of this currency. We just need to go around on this aspect and learn how to take advantage of this aspect. And volatility will be a very good feature how you can earn from this market if you know how to strategize your funds.

The high volatility is the reason the industry is dominating the investment market in such a very short period of time. When comparing the return of investment, don't think any investment out there can give 50% of what the cryptocurency asset are giving.

Bitcoin on it own has done quite astonishing in regards to the return it has given in the span of just 5 months judging from the beginning of the year to its all time high.

You just have to learn to take advantage of this volatility instead of complaining about them, without them, I doubt the industry would had growned this high especially within the timeframe it used to achieved this.
full member
Activity: 812
Merit: 100
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May 31, 2021, 12:35:57 AM
#35
Bitcoin volatility is not an issue anymore for we have already know that it is its nature ever since it has existed few years ago. Now the challenge we traders are up into is to deal with such volatility and work into such difficulty and pressure to work on our side to be able to survive and gain profit from trading as well as investing with Bitcoin. Bitcoin is not perfect as many think it is but what is the important thing is can work into it gaining profit so we must just seize the moment for the volatility is a given variable for us to strive hard.

Volatility is already part of bitcoin or crypto market. So yes, it should not be a big discussion anymore. We already embraced such property of this currency. We just need to go around on this aspect and learn how to take advantage of this aspect. And volatility will be a very good feature how you can earn from this market if you know how to strategize your funds.
for those who can take advantage of the volatility of market movements then they will be successful in this business, but many people are tempted to get rich quick without having any knowledge. therefore only a few people can survive in the market, because the market psychologically attacks every trader
full member
Activity: 1848
Merit: 158
May 30, 2021, 06:39:36 PM
#34
Bitcoin volatility is not an issue anymore for we have already know that it is its nature ever since it has existed few years ago. Now the challenge we traders are up into is to deal with such volatility and work into such difficulty and pressure to work on our side to be able to survive and gain profit from trading as well as investing with Bitcoin. Bitcoin is not perfect as many think it is but what is the important thing is can work into it gaining profit so we must just seize the moment for the volatility is a given variable for us to strive hard.

Volatility is already part of bitcoin or crypto market. So yes, it should not be a big discussion anymore. We already embraced such property of this currency. We just need to go around on this aspect and learn how to take advantage of this aspect. And volatility will be a very good feature how you can earn from this market if you know how to strategize your funds.
legendary
Activity: 3122
Merit: 1140
May 30, 2021, 06:34:59 PM
#33
  Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
If bitcoin wasnt volatile then dont expect  that we would really come this far.Most of people do love on seeing income opportunity which its just a bonus but if you do ask me
then volatility isnt an issue.

When it comes to payment system then i dont see any issues as well.Its just depending on what are the impressions made out by each people whom do engage with it.
If you do look that way then its up to you but you should at least see the brighter side.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
May 30, 2021, 02:11:30 PM
#32
Bitcoin volatility is not an issue anymore for we have already know that it is its nature ever since it has existed few years ago. Now the challenge we traders are up into is to deal with such volatility and work into such difficulty and pressure to work on our side to be able to survive and gain profit from trading as well as investing with Bitcoin. Bitcoin is not perfect as many think it is but what is the important thing is can work into it gaining profit so we must just seize the moment for the volatility is a given variable for us to strive hard.
sr. member
Activity: 789
Merit: 273
May 27, 2021, 03:48:15 AM
#31
bitcoin will be over 100 million if you believe ,, nothing is impossible ,, buy at the bottom is a very good trading strategy ,, leave your doubts buy and hold as hard as you can ,,, this is an opportunity ,, easy money ,,,, in one to three years in the future, for example, an investment of 100 $ will become 1000 $ hold on and you will always be a winner ...
There is no easy money when it comes to cryptocurrency. Many people got bankrupt or lose big money because of this, especially in the last big dip.
It's an excellent option to hold longer your asset, but it's not a good idea for me since you won't maximise your profit.
full member
Activity: 574
Merit: 125
May 26, 2021, 06:47:04 PM
#30
Yes, that's true, bitcoin's volatility makes it so unique compared to other assets, its volatility makes it good for trading and investment. When the price of bitcoin is down, it doesn't mean that we will automatically lose in trading, whatever the situation of the market if it is down or up it is still tradeable, there is still a chance to win in trading.
Yeppers there. Though there are people that look at Bitcoin as more of an alternative payment method rather than an investment entity. I fall for both of these because why not in the first place.
I don't think that bitcoin is mostly being used for an alternative payment method because the number one use of bitcoin is for investment, the volatility of cryptocurrency makes it good for investment as we can earn huge money for a long-term investment.
hero member
Activity: 2828
Merit: 611
May 26, 2021, 01:23:07 PM
#29
Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world.
Bitcoin was the first-ever cryptocurrency so yeah indeed the oldest one and also the highest rated, most robust crypto even after thousands of other coins have been made.

Has a large price volatility making it too unpredictable to be used as a currency.
That has always been a problem but is somewhat solved with the introduction of stable coins because if you are worried about the price dropping you can convert them to USDT at any point.

Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
You can sometime analyze and predict the movement of bitcoin but you will never be sure because there was no single person here who would have predicted bitcoin falling at low as 30k recently. I would say rather than trading, just hold if you see the price dropping while if it's rising cash some profits to later invest once it drops again.
legendary
Activity: 2450
Merit: 4295
eXch.cx - Automatic crypto Swap Exchange.
May 24, 2021, 11:44:00 PM
#28
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency.

So then what, the scams known as the fiat system used to lauder money by the elites, having no real backing is to be used as the currency for trades knowing fully well that the only reason the price keep stable is because of the countless amount of billions getting printed daily and introduce quarterly to the circulating supply of fiat.

Bitcoin is of another ideology and her's the best in the sense that its supply is limited, price appreciation is just an additional benefits that shouldn't be seen as an issue intend be embraced.

The volatility is what makes the market interest and attractive to many investors. Bitcoin would serve as a better currency then the fiat has even been but that's future ambitious that we shouldn't force into reality instead let fate decide.
sr. member
Activity: 1876
Merit: 318
May 23, 2021, 01:20:11 AM
#27
   Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
Yes it is true that Bitcoin was volatile dude, but for other it is a negative for them. But being here in this type of business industry I am grateful for the volatility where Bitcoin has together with some other cryptocurrency as well. Because with this a lot of the community got earned thru this methods. Though for now Bitcoin price value was actually down huge in the market but this is a great advantage chance to others and for others is doom.
Yes, the fact is that many day traders have become rich and successful from this high market volatility. but as we know, to be able to get profit from a market with high fluctuation is quite difficult if done by a beginner, so it doesn't matter if you want to try and learn while there is still time.

Not everyone can successfully make profit from day trading, they must have good trading knowledge and experience first. Therefore learning all
knowledge about trading must be done as soon as possible, that way we can take advantage of a very volatile market like now. But the fact is
that many people are lazy to learn how to analyze the market, most people prefer to follow other people's trading signals. So it's no wonder more
traders are experiencing losses nowadays.
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