Topic: Can my economy be fulfilled in the future with Bitcoin? - page 8. (Read 2883 times)
everything can happen without anyone knowing for sure the development of crypto currencies, if all countries have legalized bitcoin of course bitcoin will be used by many people
Indeed, buying bitcoin today is a good choice since it is low as compared to its previous values in the market. However, buying bitcoin today because it drops to $10,000 from $15,000 is not a wise decision since buying shoukd not only be our concern but how does our expense will come back and how much it will pay us off in the future. As of today, we cannot see yet if the value of bitcoin will increase neither its value go back to where it was. On the other hand, we must not forget that there is still possibility that the value of bitcoin will bring back to its former glory. Thus, you should weigh both options as to how much you are willing to lose, or by how much you wanted to earn.
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?
Looks like you are dependent and expect a lot in Bitcoin. Actually, we may expect a lot, it's just that you have to think about your readiness to invest in bitcoin. Bitcoin can't be predicted, the price fluctuate and changing at any time. so, you have to be ready to lose besides being happy by getting big profits, of course. am I wrong with this step?
On 2018 the price of bitcoin gradually fall even several days ago it was down to the lower price in this year and for the future purposse there is no late to buy bitcoin especially currently that i think this is the best time to buy but before all of it you have to realize the risk of being holders of bitcoin that volatility will always be part of crypto and there is no guarantee the price will good for next year
100 percent yes for that as BITCOIN is the future currency of the world.
FIAT will end and cryptocurrency will be the main currency in every nation of the world .
we just need more development to get more merchants to accept that BTC is good to have.
FIAT will end and cryptocurrency will be the main currency in every nation of the world .
we just need more development to get more merchants to accept that BTC is good to have.
it's not wrong but who are you at the risk you will experience? do you have enough money to meet your needs for the next 4-5 years because bitcoin does not grow within 1-2 years but everyone hopes that bitcoin can benefit next year because many are tired of waiting all this time (2018)
Yes it is a good strategy but you still need ti invest money that you are willing to lose. Don't invest money you couldn't live withour in the hopes that it will grow. Because maybe on the day you bought the coin, maybe it will take a while before you see profits. So you still need to be smarter in how you invest your money.
How to become smarter in investing, yes it might be a little safer play when you only invest amounts you can adford to lose but it isn't a part of the smarter way tho.Normally,the best time to never miss buying is usually the dips and nothing as sound and good as that because with patience and in the long run, you will still be enjoying the benefits anyway. A lot of people do not take serious and rather panic is when they see the market going down as they certainly wave their minds off the opportunities that comes with a down market rather than taking advantage of it. As long as you can be patient enough, buy when everyone is scared and sell when everyone is going crazy, you will always be able to make the best out of your investment. Bitcoin may hit main stream of adoption within a decade then people may cry for not adopting it, that is the only reason I am firmly holding my bitcoins and watching its fluctuation and when hitting main stream it may fulfill everything we do need.
So you were a part of the hodl team?, yes buying on dips are a good strategy. I usually calculate the deepest btc price base on a 6 months time frame. Since I cannot hold longer than that. I still have that mentality to always use your coins as a your contribution to the market
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?
am I wrong with this step?
As of now, I think my country's economy will not be fulfilled by bitcoin for a reason that not ll the people in my country are aware of its existence and benefits. The situation of it are not that good so people might not pay attetion to it. However, in the future where bitcoin is much more successful, I think it will be a help in the economy of ours.
Bitcoin had made a lot of people millionaires last year 2018. People have a better opportunity to excel than when using the fiat currency and you can do well too with cryptocurrency as its value with grow ith time
There is no doubt that bitcoin will develop more and more in the future. I also believe that Our future will be filled with bitcoin
Yes, I hope that in the future Bitcoin will become increasingly scarce so that the price of Bitcoin will be more expensive, so Bitcoin will be able to improve the economy of people who hold Bitcoin in the future. 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 December 2017 the price for one btc exceeded $20,000 and now it dropped to $6,300 - more than three times.am I wrong with this step?
If you think that you're okay with such fluctuations, then it's never too late to invest in a couple of bitcoins and get your profit sometime.
But remember that one should invest only the money he is not afraid to lose..
There is no doubt that bitcoin will develop more and more in the future. I also believe that Our future will be filled with bitcoin
Everything is possible, but you need to calculate correctly how much you want to invest in bitcoins and that's the amount that you will not be afraid to lose, because the market is not stable and at any moment it can fall, so I advise you to completely calculate everything and then invest. Now the market has begun to recover and it is a good opportunity for investment in bitcoins, but no one can definitely say whether growth will be long or not, so think before you act.
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?
am I wrong with this step?
There is no wrong with your step. As long as you have enough profit you buy and hold bitcoin as much as you can. Remember bitcoin is very volatile so if you see a big depth take this oppurtunity to hold bitcoin and wait for the perfect time to sell it. Just like what im doing. I just let my coins stored in my wallet waiting to boom and enjoy the huge money that i can get in the future😊☺
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 think that is good decision. While the price of the coins is kinda low, try to buy some because sooner or later, the price of it will pump and become more profitable than usual. am I wrong with this step?
Nope! It's actually a good strategy to buy on a dip and sell on a spike. But you have to time it right. You have to to time your transactions on the peak of either spike or dip for optimum profit. Then again, there are alot of things that could go wrong with your transaction so always be on your toes and keep your ear to the ground.
Normally, the best time to never miss buying is usually the dips and nothing as sound and good as that because with patience and in the long run, you will still be enjoying the benefits anyway. A lot of people do not take serious and rather panic is when they see the market going down as they certainly wave their minds off the opportunities that comes with a down market rather than taking advantage of it. As long as you can be patient enough, buy when everyone is scared and sell when everyone is going crazy, you will always be able to make the best out of your investment. Bitcoin may hit main stream of adoption within a decade then people may cry for not adopting it, that is the only reason I am firmly holding my bitcoins and watching its fluctuation and when hitting main stream it may fulfill everything we do need.
Your economy will run parallel to the crypto market. Countries now have strategic plans to bolster their economies. Possible future Bitcoin will be the engine for economic development.
I think Bitcoin can only grant you some level of financial freedom if you committed to investing the coin to make some good money. Aside that, if you not making any investment in Bitcoin, i doubt how it will be possible for it to grant you financial freedom.
It all balls down to the level of knowledge you will certainly have anyway when it comes to things like that because as far as I am concerned, the only way anyone can make any tangible from this space is to be able to have what they can use to make decisions and that is the detailed knowledge of the space.It takes understanding to know when you should obviously be buying into a market; it takes understanding to know when you should be selling and so many more. Overall, making sure about within bitcoin ecosystem will ensure that we are also into race and staying competitive.
Best way to stay in the zone where you can build up something substantial for yourself in the long run is by taking advantage of the opportunities that abound with knowledge. Bitcoin along with new innovations based on blockchain technology is going to dominate into every business and and every individual's life cycle, hence getting fulfilled in regards of economy due to bitcoin is almost assured one.
Yes it is a good strategy but you still need ti invest money that you are willing to lose. Don't invest money you couldn't live withour in the hopes that it will grow. Because maybe on the day you bought the coin, maybe it will take a while before you see profits. So you still need to be smarter in how you invest your money.
If the bitcoin will exist longer i think the economy of all people will be improve and many people will live without money problem and have freedom on spending it, bitcoin are now big part of my life even it is my secondary source of income but still it is continuous giving me more income and i am satisfied with it.
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