Topic: Cryptocurrency is a speculative business? - page 2. (Read 254 times)
Speculative it is, and almost everyone already knows that, that's why many people flocked together to trade bitcoins and other cryptos since the stakes are high and so are the rewards. If you are thinking of trading as your business, then you have to think twice. This kind of business approach is kinda shaky to its core; it will work but there are no assurances that you would, at the least get your investment. It's kinda sad though that almost everyone is regarding bitcoin as a form of money-making machine and have forgotten that the main purpose as to why Satoshi created it is to store value and send money effortlessly.
yes all of here are so volatile or incosistent so it's speculation if you have business because there's no assurance here but only take risk to earn like do investing now then it can go well or not
another thing this is more good to say that even we save monwy here with our own place still we take the risk
I think also all here is good but bad at the same time because of the volatile price of it
another thing this is more good to say that even we save monwy here with our own place still we take the risk
I think also all here is good but bad at the same time because of the volatile price of it
yes, because they are raising a piece of course and many more are doing various mini-machinations besides that!
The price of bitcoin is a bubble, bitcoin itself and it's usage is not a bubble in any term.
It's true that most of the people invest in bitcoin to make money, it's the same as people invest in stocks to make funds, speculators will be in any place that it's possible to make speculation.
You can also see speculators at Euro and USD trading pairs, the only difference here is that those currencies have an huge market cap and they can be controlled by governments, Bitcoin is still a new currency , but there are still some people who uses it because of it's features and not because of it being a speculative thing.
It's true that most of the people invest in bitcoin to make money, it's the same as people invest in stocks to make funds, speculators will be in any place that it's possible to make speculation.
You can also see speculators at Euro and USD trading pairs, the only difference here is that those currencies have an huge market cap and they can be controlled by governments, Bitcoin is still a new currency , but there are still some people who uses it because of it's features and not because of it being a speculative thing.
The Financial market globally barely leaves a chance to make money. Right now cryptocurrency is the opportunity just like frying fish. Trading in Bitcoin has recently exploded the market cap of all the cryptocurrencies, exceeding more than $600 billion. This lead to deficit in the supply of currencies and is hardly coping up with the rising demand in the market.
The rise in demand brings in new opportunity to create a speculative market as the growth is unlikely to continue at its current pace. Presently, cryptocurrencies have been using existing technologies, but it has an incremental value in the creation of this new revolutionary payment method. However, the cryptocurrencies are allowed a chance as it is adding value in terms of solving real-world problems with the help of its revolutionary invention of the Blockchain Technology.
The toxic concept of the investors is over shadowing the ‘speculative bubble’ which is beyond imagination. The reason why government are insisting to impose regulations on the trading of cryptocurrencies and other related by-products such as ICOs.
It is necessary to understand the technicalities of the blockchain technologies. People invest in a currency expecting to grow, the speculation keeps increasing and one day it burst.
The rise in demand brings in new opportunity to create a speculative market as the growth is unlikely to continue at its current pace. Presently, cryptocurrencies have been using existing technologies, but it has an incremental value in the creation of this new revolutionary payment method. However, the cryptocurrencies are allowed a chance as it is adding value in terms of solving real-world problems with the help of its revolutionary invention of the Blockchain Technology.
The toxic concept of the investors is over shadowing the ‘speculative bubble’ which is beyond imagination. The reason why government are insisting to impose regulations on the trading of cryptocurrencies and other related by-products such as ICOs.
It is necessary to understand the technicalities of the blockchain technologies. People invest in a currency expecting to grow, the speculation keeps increasing and one day it burst.
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