Can my economy be fulfilled in the future with Bitcoin? - page 10.

DgurJIupyf

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http://o-tu.ru/

Quote from: tanzaholzmann on August 08, 2018, 04:57:01 AM

I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.

am I wrong with this step?

Your economy? Your future may change if you are willing to invest in bitcoin for 5 years. And in 5 years you will be ready to cash bitcoins. I don't see any point in a short-term investment in bitcoin.

Globalbitcoinl

jr. member

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you want to break the first rule of the investor. your risks are justified, but still do not advise

fulmetal08larz

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Your decision to buy BTC at this current rate is correct if you are thinking about the future. But, you should be prepared for whatever outcome of your investment will be, because it is a golden rule to only invest what you can afford to lose. Have a strategy like cost averaging method for long term, be disciplined and be patient with your investment and wait for it to grow before harvesting its fruits.

wantjokull

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Merit: 275

Quote from: Reid on August 23, 2018, 05:49:09 PM

Your economy will have to rely on the world's economy. Cause that is bitcoin. If you are invested with it, then make sure you will also do something to boost it up.

It aint just like other invesment that a company is doing something for you to advertise it.
This is a free currency and it not in a good condition since a lot of FUD had been spread and is already planted.
That should all be erased and a new seed should be planted.

Hmm, thats a good analysis about the current situation of the bitcoin. I guess it is entirely possible that bitcoin will never get spiked and thus your economy wont grow IF you are going to sit out there and just hold the bitcoin. I guess we need contribution of every investors in terms of liquidity and not just the holding and stuff like making money out of it. If we dont use it then it wont get invested more and thus if it wont get invested more then we will never see it growing with it. I guess just buying and holding is not enough for it, whats important is to keep the bitcoin in circulation by using it as currency of the virtual world. Let the institutions use it, and we should be forcing them to use for different products and services.

bsce1-1

newbie

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I am not sure about the current situation because they have a problem such a thing that cause of decreasing of value of bitcoin. And also impartial decision, may be the crypto market for now is very risky and difficult to manage just like in investing. For now, digital money encountered the unstable motion of percentage (for value of bitcoin). So, in today they may be experiencing the lower price of bitcoin. And addition, just wait for the end of the year and hopefully they will come back, soon.

bonammeo

jr. member

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I advise you not to do so. The way you do it is based on luck, it's a gamble. You should analyze and learn before investing. Do not rush!

@hosimanaka

newbie

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At present BTC I no longer trust the cryptographic market, I do not think that electronic money will apply to life, they are quite risky and difficult to manage.

Reid

hero member

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Your economy will have to rely on the world's economy. Cause that is bitcoin. If you are invested with it, then make sure you will also do something to boost it up.

It aint just like other invesment that a company is doing something for you to advertise it.
This is a free currency and it not in a good condition since a lot of FUD had been spread and is already planted.
That should all be erased and a new seed should be planted.

hubballi

sr. member

Activity: 882

Merit: 297

Quote from: tanzaholzmann on August 08, 2018, 04:57:01 AM

I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.

am I wrong with this step?

Only if you can wait for long term patiently you can get a good profit, it is always good that you buy in small portion of investment so that in dip you can buy more and average your buying price. If you have investment then it is good time to buy it.

ucingucingan

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it is not impossible that this will happen, if you see the growth of crypto currencies now there are many product products that use blockchain for the base of transactions they use, this allows the use of more bitcoin in the future

wxa7115

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Quote from: tanzaholzmann on August 08, 2018, 04:57:01 AM

I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.

am I wrong with this step?

Buying is not a bad idea but you need to be completely convinced this is what you want to do and the only way to do that is if you read more about bitcoin and what it is about, many people entered in this market in December thinking they will make a fortune in no time and the opposite happened.

I say this because I really think it is going to take a lot of time for us to see a new bull market and it is even possible the price goes a little bit lower in the next months depending on the news, so an investment in bitcoin should be seen as exactly that, and investment that you are going to hold for several years.

doomloop

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Quote from: BagzMM on August 23, 2018, 07:43:15 AM

Quote from: tanzaholzmann on August 08, 2018, 04:57:01 AM

I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.

am I wrong with this step?

In my opinion, theirs nothing wrong to aim for a high profit. But still it is your strong decision to engage the volatility of the market.

Everyone want to get good profit but it is time requiring task so never be in hurry, just wait for the right time, if volatility will make the price down so try to buy some more and hold, rise and fall just happen for our own benefit, buy at red and try to sell at green, so for me my economy is going to be higher after being with bitcoin, I can see my future brighter.

tepakpak

newbie

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Your decision is correct, but don't buy all your money for bitcoin, at least leave money for your needs, because getting a profit takes a long time and you have to be patient for it.

BagzMM

member

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Quote from: tanzaholzmann on August 08, 2018, 04:57:01 AM

I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.

am I wrong with this step?

In my opinion, theirs nothing wrong to aim for a high profit. But still it is your strong decision to engage the volatility of the market.

win365

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Activity: 176

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Quote from: tanzaholzmann on August 08, 2018, 04:57:01 AM

I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.

am I wrong with this step?

I don't think that anything will happen without your part in doing things. It is destructive option to rely on somebody else in the questions about your own economy. You need to battle for it yourself.

lastnumber

newbie

Activity: 112

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I think you have raised another vague question. No one can know your financial needs now and in the future. Is your need equal to a homeless person or a top billionaire in the world? But I think, Bitcoin may be an opportunity to help you have a better life in the future. You can have more income than your basic income.

usekevin

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Vave.com - Crypto Casino

The option which you had choosen is good.But before that you have to conclude something.
How much dollars ,you are going to inverse in bitcoin.
How long you are going to hold it.
You have to secure your bitcoin wallet with some security.
If you had invested huge amount in bitcoin,you will get huge amount of profit from it.
If you have hold your bitcoin till the year end, surely you will get reasonable profit from it.
You can use LBC wallet, which had two factor authentication for security.

omfg.xekcep

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Activity: 798

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*** https://www.buying.com ***

Why not? You can take a risk by buying Bitcoin while its price is beneath 10000$. By the way I am doing the same increasing my position in Ethereum while Ethereum is lower 300$ but telling the truth I am already exhausted waiting. You need to understand that your investment in Bitcoin may be a long term investment from several months to several years. If you can afford yourself to freeze own money on so long period of time and you are a quite patient person you are welcome and doing all-in on Bitcoin is a quite reasonable decision in your case. Anyway I am pretty sure that Bitcoin will cost upper 10000$ so buying Bitcoin lower 10000$ is a right decision if we see from a long term prospective. Having bought Bitcoin be patient and not to sell it reaping a small profit because the potential profit may be huge.

RasicaOla12

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A commodity exchange system is transformed into a currency system based on today's value. With the development of science and technology, the typical digital revolution is the bitcoin that is the indispensable trend of the market today. now on

Dayx

full member

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there's nothing wrong if you want to invest on something, but just to be sure the money that you invest is not a money that you really needed in a sort period

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