Can my economy be fulfilled in the future with Bitcoin? - page 12.

maydna

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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?

you are not wrong if you have to think like that but you still need to decide how much money you want to use to buy bitcoin and don't use all of your money in bitcoin only. keep some amount of the money for your daily need because of bitcoin price still difficult to increase until $10k again and maybe it will happen in the next year. make sure you can buy bitcoin at the lower price and keep that bitcoin in your own wallet and not in the exchange just to prevent from the attacker.

qumeijia

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Why not?
Every one here is willing to be rich and have investment for future, why aren't yo? So, lets doing the best here, do as we can and never give up. I think if you have though to buy bitcoin now is good decision. The price of bitcoin is very low and you will get return of your money from buying bitcoin sooner. The most crucial is be positive to anything, then it will return to you as you expect and hope.

Muzika

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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?

you can take the risk, bitcoin is a coin that if you take the risk then in the end you can say that it is worth the wait but we dont know when it will happen since bitcoin price is unpredictable, the todays price is a good price to invest in dont hesitate because you will invest in a strong and well established coin in the market.

Portia12

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Quote from: MTNAX on August 17, 2018, 08:48:44 PM

It all depends on us who use bitcoin, if we follow a lot of bounty campaigns maybe the benefits we get will be more. But we also have to remember, if many people who use bitcoin will have an impact on the country's economy. So it's better if we use bitcoin for the side and prioritize our current work, because we don't know exactly how bitcoin will be in the future.

Japan is now legalizing cryptocurrency in their country and the economy is improving, people can easily pay taxes since they can earn more income due to cryptocurrency trading in the market.

mornabo

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Quote from: BCSHonda on August 17, 2018, 05:09:31 PM

Quote from: Rooster101 on August 14, 2018, 05:02:51 AM

It will depend on how widespread is the usage of bitcoin. If the majority of the people and businesses uses bitcoin then it may create an impact on the country's economy. But government and the financial sector have to create some effective ways on how to deal with bitcoin's volatility first to protect the economy from its rapid price fluctuation.

It depends on the actions of each person. If we use them properly and respect the market. It will grow strongly in the near future. The future is interesting for human beings.

Yeah if bitcoin can spread and develop into a legitimate currency later, you can use bitcoin like using fiat, of course you can fulfill your needs using bitcoin, for economic problems it depends on you, if you want to invest and believe it is very possible bitcoin can fulfill your economy to be more good

MTNAX

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It all depends on us who use bitcoin, if we follow a lot of bounty campaigns maybe the benefits we get will be more. But we also have to remember, if many people who use bitcoin will have an impact on the country's economy. So it's better if we use bitcoin for the side and prioritize our current work, because we don't know exactly how bitcoin will be in the future.

dlhezter

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Yes, It depends on your investment and how you handle your money.

bohr

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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?

The strategy is fine, buying bitcoin right now is a great decision, the real question is if you are willing to hold until that happens? It is very easy to see what needs to be done but it is a very different thing to actually do it, for example everyone knows what it is needed to have a more healthy body, you need to eat healthy food and do some exercise, but how many people do it? A minority, because they lack the resolve to do it even if they know it is right for them.

BCSHonda

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Quote from: Rooster101 on August 14, 2018, 05:02:51 AM

It will depend on how widespread is the usage of bitcoin. If the majority of the people and businesses uses bitcoin then it may create an impact on the country's economy. But government and the financial sector have to create some effective ways on how to deal with bitcoin's volatility first to protect the economy from its rapid price fluctuation.

It depends on the actions of each person. If we use them properly and respect the market. It will grow strongly in the near future. The future is interesting for human beings.

Turst1974

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Quote from: jakagintiri on August 10, 2018, 03:29:56 AM

in my opinion having such thoughts is not wrong but no one can predict how fast or how high bitcoin will rise again, who worry about bitcoin will even decrease in value and it will make a loss if you invest all your money here. you and hope that bitcoin will rise quickly and high.

The future is only for the bitcoins and good altcoins. There are a lot of Fud in the market and people saying bitcoin will go to 100$ or even die. Do not give any considerations to such fuds and stay calm.

Rooster101

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It will depend on how widespread is the usage of bitcoin. If the majority of the people and businesses uses bitcoin then it may create an impact on the country's economy. But government and the financial sector have to create some effective ways on how to deal with bitcoin's volatility first to protect the economy from its rapid price fluctuation.

Saveplus

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Yes it would happen that in the future our economy be fulfilled with bitcoin.If everybody share their knowledge about it,and the price continue to rise or increase .But for us its really hard to guess the prediction we are not sure of what really happens.

Ridwan Fauzi

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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?

Just look at the movement bitcoin price right now, fall again and drastically. $15000 and $10000 is the long time if compared now $6000 and the price just touch $8000 ATH within a few month back never touch $10000 again. I say this because you just see profit for your investment and not see lose that will you experienced. And mostly you will get loses if you are rely on hope.

You were wrong if you spend money without special knowledge about investment in cryptocurrency. You got right with first step you seen the price bitcoin is lower right know. But you have another step that should do by you to avoid loses. For instance, you learn about panic selling, cause that way will lead you to suffer losses.

fetucini

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I can't answer your question with certainty, because the price of the bitcoin is currently very difficult for predictions, it is very important to be careful in investing. We not only think about profit but losses could be we get. But if you want to invest I hope you can invest in the long term, maybe not every year is always good but I believe bitcoin will be higher and growing for the future.

Manyak

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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?

Yes it is economy will be fulfill the future of bitcoin when the economy will increase the bitcoin will have a good and success future .

tosmartak

sr. member

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As much as we would love to tell you the answer is to go ahead, at the same time, this is some decision you have to truly make on your own based on the knowledge you have garnered so far.

The truth is that, the market still have the potentials to go down the more, but for those looking forward to the longer time, this can be a very good point to start picking up bit by bit. I will always advise not to ever go all in until the coast is clear and there is a sign of a bullish momentum which we certainly know the trip tend towards the bear at this point.

For what it is worth in the long run, you can pick the price, forget what happens to the market, come back few years later and see yourself better than today, or also pick what is available and more if it goes lower, and with that, you are sure to get the best, but understand you are investing in the future and not just some means to get rich quickly.

maytinhvinh

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i think the answer is yes.

BCSHonda

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Quote from: googs84 on August 11, 2018, 02:44:32 AM

You are focusing more on the outcome rather than what is the pathway to reach that outcome. You should consider yourself educating first before you can even jump into the bitcoin. Everyone think that they can make money out of the bitcoin by just buying it and holding for some time in the future.

But that is not true. Many times bitcoin will show you hardest time where it is dumping itself below -50-60% from your entry point which is also your break even point. If you do handle that situation properly then you may end up having improper sell outs and thus loosing your money.

Its not as easy as 1, 2, 3 to buy and hold bitcoins. You need lot of preparations before hand!

We need to see how we are using bitcoin right? The fact that many people engage with thinking like a gambler wants immediate benefits. But these are just misconceptions and will result in bad results. Good knowledge and positive thinking can be achieved in this market.

nambunamba

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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 believe many people doing this is thing, I dont think its wrong at all, i do buying a lot of altcoins cause i believe somehow its going to make me rich. We got our own believe in some coins and in investation anything could happen, so i really recommend you before investing to think about the risk.

zoeylee

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In my opinion, i could say anyone could fulfill it at the right time. We know the market in bitcoin is volatile nobody can predict. But if we believe what bitcoin market is then lets look forward for the best. Though today's market is in low lets grab it and buy coins so that time comes that it will increase we can earn more profits.

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