Topic: Invest for Bitcoin - page 17. (Read 2533 times)
I'd love to see a Pros/Cons of people who were experienced investor.
If you are going to invest in BTC for the long term, then yes, I recommend it, because the price will continue growing more and more in the long run.
If you want a short-term investment, look at prices that are really precise and see information that many investors will buy the coins. That's one way to get profits in the near future.
But all in investment is risk.
But all in investment is risk.
Imagine the number of top altcoins out there who were decently put up by thinkers in bid to smartly disrupt tech process, idealogies and frame of work just to be called shitcoins by you. And you even strongly mentioned "ETH" as one of them when the founder has been a regular guest speaker on blockchain conventions all over the world and is among the trusted names when it comes to cryptocurrencies.
just because someone is advertising his creation a lot and everywhere he can, it doesn't mean his creation is good. it means he has a lot of free time at hand and a lot of money to travel around and advertise. in case of ETH, the fact remains and it doesn't change all the downsides of it such as its centralization and premine and bug and backlog/congested network and the huge blockchain that prevents people from running a node.
I think its really brave of you to categorize cryptocurrency into bitcoin and shitcoins asdnguyenthanhtin!
Imagine the number of top altcoins out there who were decently put up by thinkers in bid to smartly disrupt tech process, idealogies and frame of work just to be called shitcoins by you. And you even strongly mentioned "ETH" as one of them when the founder has been a regular guest speaker on blockchain conventions all over the world and is among the trusted names when it comes to cryptocurrencies.
Harsh, really harsh. True, the world of altcoins has been plagued with token & coins that seems to be instantly invaluable nor useful in just a short span of time. But some did stood the test of time and usability and has proven their worth in both trading and investment.
I'd suggest you be a bit more smart and wise in your choice of words, it only makes the world of cryptocurrency more shitty as much as you hate shitcoins. And that's a sincere suggestion from my end. Take it positively.
Imagine the number of top altcoins out there who were decently put up by thinkers in bid to smartly disrupt tech process, idealogies and frame of work just to be called shitcoins by you. And you even strongly mentioned "ETH" as one of them when the founder has been a regular guest speaker on blockchain conventions all over the world and is among the trusted names when it comes to cryptocurrencies.
Harsh, really harsh. True, the world of altcoins has been plagued with token & coins that seems to be instantly invaluable nor useful in just a short span of time. But some did stood the test of time and usability and has proven their worth in both trading and investment.
I'd suggest you be a bit more smart and wise in your choice of words, it only makes the world of cryptocurrency more shitty as much as you hate shitcoins. And that's a sincere suggestion from my end. Take it positively.
Like any speculative investment, buying bitcoin at sky-high valuations is risky business. If you’re asking, “Is it smart to invest in bitcoin?” you might do well to heed this advice from billionaire investor Mark Cuban, who told MONEY, “It’s still very much a gamble.” You need to know that your bitcoin investment might lose money. If you’re not prepared to face that prospect, bitcoin investment might not be for you.
The future of bitcoin is unpredictable
I find this line as a contradiction to your post. You are advising that everybody should dine with bitcoin and that even etheruem is a shitcoin, yet you are laying back on the futuristic uncertainty of bitcoin. Why then are you administering advise that you don't believe in.
Your post present you as a counselor, more-or-less like a guidian but you still don't submit to what you are counseling on or totally submit to it.
Or! Are you saying it is unpredictable to the extent that it will increase to an unbelievable height that people who don't invest now will regret it?
Or you are saying unpredictable to the meaning of the word which means something can go wrong or better in the future?
I would prefer you use the word, price correction than using bubble. The market plummeted and this is affecting every coin in the market. Bitcoin is virtually the safest bet in this market now. Invest into bitcoin today and possibly trade altcoins
I think you need a careful investment plan before you invest, so you won't be under too much pressure in a bear market, and of course it's safest to invest in Bitcoin in this market.
For many simply using a buy and hold strategy is the best option. It may not maximise potential returns but it's always a balance between risk, effort and reward. Every person who's bought and hold bitcoin before 2017 is in a profit, I do sincerely believe in some years time we'll be able to look back and say the same is true beyond 2017.
no, bitcoin is not a bubble. not anymore at least. you could have called it a bubble when price reached $20,000 in less than one month because the speed was super fast and almost all of that rise was because of FOMO but you can no longer call bitcoin that ever since we saw a big drop of 70% which not only corrected the market but also created an inverse bubble in bitcoin effectively making it be underpriced.
Yeah, I think bitcoin is best choice for invest long term, That's if you have enough money for buy it. But I trust bitcoin will not die. Because if bitcoin die what will happen to another currency like altcoin? Or what will effect to physical money like dollar?
In any investments there is possibly a risk therefore we need to think many times before making investment. The most important thing is we need to have a full knowledge about the things you've making for investment therefore will be much prepared in anything that possible to happen. However, investment in Bitcoin may considered as a good investment even it has a high volatility because this system makes and offered much more benefits and opportunities to us.
In the cryptocurrency market, there are two types of crypto. It's Bitcoin and shitcoin. All crypto are in motion and are dominated by bitcoins.
wrong. there are 3 types. bitcoin, good or decent alternative cryptocurrencies, and then shitcoins.the shitcoins are used by traders to make profit on their bitcoins that is why you see them as "dominated by bitcoin" it is because people dump them immediately when they see bitcoin move.
the decent altcoins are always overshadowed by these shitcoins because the shitcoins get all the pump and dumps and hide the good coins by pushing them to the bottom of the lists.
Quote
I believe Bitcoin is a bubble,
wrong again. bitcoin has not been in a bubble for at least 6 months now.
not to mention that you are just contradicting yourself in the second part. you say here that bitcoin is a bubble then continue to advise people to invest in bitcoin! if you truly think something is in a bubble then you shouldn't be investing in it until its bubble pops.
good time for investment because bitcoin price low.
In the cryptocurrency market, there are two types of crypto. It's Bitcoin and shitcoin. All crypto are in motion and are dominated by bitcoins. The future of bitcoin is unpredictable, you should not trust any shitcoin, including ETH. I believe Bitcoin is a bubble, but
- "Just because a market is in a bubble does not mean it's going to die." Bitcoin has been through over half a dozen big bubbles and increased in price after each one "
If you are a long-term investor, the best way to minimize risk is to invest in bitcoin. As for shitcoin, you should only invest in short term
- "You can make money trading the momentum and hype in shitcoins, just do not invest long term"
We recommend that before investing in bitcoin our funds are free funds are not loan funds, and also you must be prepared, not a few people who will invest in bitcoin will panic if prices go down, but for me personally I am very optimistic to see the bitcoin movement going forward, we know that bitcoin had penetrated above $ 25,000 last year and hoped to repeat itself - "Just because a market is in a bubble does not mean it's going to die." Bitcoin has been through over half a dozen big bubbles and increased in price after each one "
If you are a long-term investor, the best way to minimize risk is to invest in bitcoin. As for shitcoin, you should only invest in short term
- "You can make money trading the momentum and hype in shitcoins, just do not invest long term"
In the cryptocurrency market, there are two types of crypto. It's Bitcoin and shitcoin. All crypto are in motion and are dominated by bitcoins. The future of bitcoin is unpredictable, you should not trust any shitcoin, including ETH. I believe Bitcoin is a bubble, but
- "Just because a market is in a bubble does not mean it's going to die." Bitcoin has been through over half a dozen big bubbles and increased in price after each one "
If you are a long-term investor, the best way to minimize risk is to invest in bitcoin. As for shitcoin, you should only invest in short term
- "You can make money trading the momentum and hype in shitcoins, just do not invest long term"
- "Just because a market is in a bubble does not mean it's going to die." Bitcoin has been through over half a dozen big bubbles and increased in price after each one "
If you are a long-term investor, the best way to minimize risk is to invest in bitcoin. As for shitcoin, you should only invest in short term
- "You can make money trading the momentum and hype in shitcoins, just do not invest long term"
Jump to: