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    Author Topic: BITCOIN : Oppotunity Or Challenge?  (Read 2070 times)

    • Kynner (OP)
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    February 23, 2018, 04:35:56 PM
     #81
    Quote from: buytheeffinD on February 21, 2018, 05:44:45 PM
    Everyone here will likely tell you to invest and that is probably a good decision but the most critical thing is when you invest because timing in crypto is everything. If you bought that 20k top in December you are hurting right now but if you bought that 6k dip this month then you are feeling great. Timing is everything but yes you should try to get in imo, we are still early in the game. Also do a ton of research prior to entering because this world does not forgive mistakes easy.

    thank you for that effective advice, I believe I will be able to master the knowledge, I will study and analyze further.

  • Kynner (OP)
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    February 23, 2018, 04:45:26 PM
     #82
    Quote from: hoangtujuda on February 21, 2018, 06:23:46 PM
    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.


    You should understand that BTC is a useful means of payment and that it is valued by the trust of the whole person, so that the price of it will increase because everyone here has a strong belief in it.

    I hope that belief will spread to everyone around the world not just you and this forum.

  • Kynner (OP)
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    February 23, 2018, 04:57:03 PM
     #83
    Quote from: mrcash02 on February 21, 2018, 06:41:03 PM
    It's not anonymous. Transactions are trackable and with some investigation it's even possible to find the addresses owners. Many criminals were already gotten transacting BTCs and the money was taken by the local law forces.

    If you and your parents are a bit afraid of Bitcoin investment, you can start low. Don't put much money on it, start with an amount you and your parents consider low. Wait some months and you will have enough personal experience to invest more or not. I just think you should invest, doesn't matter the amount, the important is to be inside this world!
    Another great advice for me, thank you so much, hopefully a lot of helpers like me thanks to you. Thanks to your comments, my parents changed the stereotype of Bitcoin and Crytopia, hoping they would make a decision soon with my suggestions.

  • okae
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    February 23, 2018, 05:02:59 PM
     #84
    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing


    If 2017 was so exciting about bitcoins prices, you are not wrong if you think that 2018 will be even better than before  Wink

    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    ... they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots...

    If they still think that bitcoin is like a mlm ponzi scheme, then they do not know anything about bitcoin, they also do not know anything about mlm ponzi schemes ....

    Do not scared your parents,  they seems to still need to know a lot about bitcoins, anyway you could invest just a small amount of money so they can feel comfortable with it. In a near future they will be angry with you because you didn't invest more that you did xD
    IMHO #1.b of suspects, Hal Finney is/was S.N.

  • Kynner (OP)
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    February 23, 2018, 05:05:19 PM
     #85
    Quote from: HuyNgu99 on February 21, 2018, 06:44:46 PM
    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

    When you say that, I think you have a bit of technical and technological knowledge, so what do you think of investing in a formula that has practical or practical implications?

    I understand what you say, technology is one thing but people love it and apply it or not is another thing, if people around the world do not recognize it then it's useless too, I need be sure for my money.

  • moetimas
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    February 23, 2018, 05:14:31 PM
     #86
    I do not think Bitcoin has been that long, but it's been a lot of news and the world is talking about bitcoin. And in my opinion, investment in bitcoin is very profitable and increases faster than other investments. if there is no bitcoin, maybe blockchain technology will not be as famous as it is today. bitcoin is very worthy to be one asset or as an investment. but of course everything needs a good calculation.

  • Kynner (OP)
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    February 23, 2018, 05:17:16 PM
     #87
    Quote from: UcheAnthony on February 21, 2018, 06:48:18 PM
    Quote from: swissgang on February 21, 2018, 05:42:30 PM
    Bitcoin is no doubt risky investment, but it depends on people, bitcoin is opportunity to some and challenge to some. I think you should not borrow money to buy bitcoin.
    Undoubtedly one of the best advise one can give to a prospective investor, Borrowing money to invest in Bitcoin i think is not a good idea also, its advisable to invest what you can afford to lose.

    I understand that, but I hope that you go ahead will have the right advice with me since then I will make the best decision.

  • Kynner (OP)
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    February 23, 2018, 05:27:21 PM
     #88
    Quote from: MasterMoney on February 21, 2018, 07:10:03 PM
    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

    Most people think that Bitcoin is a worthless bubble, but few can understand how well it works for this 4.0 technology.

    Do you have any separate advice for me? Everyone knows it is technology but how it is applied and popular in the world is not known.

  • Mokter
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    February 23, 2018, 05:38:13 PM
     #89
    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

    Bitcoin is both, an opportunity as well as challenge.As a new investor, you should read a lot of books, watch videos and go through discussion in bitcoin forum to gather knowledge on crypto currency as well as bitcoin. Then yiu should invest gradually and carefully.

  • Kynner (OP)
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    February 23, 2018, 05:39:35 PM
     #90
    Quote from: MaoNgu99 on February 21, 2018, 07:29:12 PM
    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.


    You should consider the financial ability, not just Bitcoin,everything another that no matter where the investment should invest in the money allowed, should not be borrowed for investment.
    Good advice, I will consider it, dear gentlemen, hope that I will have new friends like you, to remind me of that, I'm reckless, but in business like that is not good.

  • Crystacool
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    February 23, 2018, 05:43:44 PM
     #91
    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

    Yes, investing in bitcoin is risky. Bitcoin is not a cash cow. You need to know about bitcoin before you make an investment decision. Many people invest in bitcoin and become millionaires. It's a great way to invest, but we also need to be aware of the risks.

  • Kynner (OP)
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    February 23, 2018, 05:48:19 PM
     #92
    Quote from: dobladi on February 21, 2018, 07:48:48 PM
    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

    You may check for the background of Bitcoin if you are doubtaling wether to invest or not because in an investment that is really impprtant. You might also consider its market statistics before as well as on the present.Investing to Bitcoin has a high chance to result in profit due to  the continuous increase on its value.


    I know it's like a super-profitable investment but its value is close to that so I just learn and invest in it.

  • Mccracken
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    February 23, 2018, 05:49:37 PM
     #93
    Buy it if you want to rich Grin

  • Kynner (OP)
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    February 23, 2018, 05:58:22 PM
     #94
    Quote from: HuyOcCho1999 on February 21, 2018, 07:52:50 PM
    Quote from: Kynner on February 21, 2018, 05:30:41 PM
    I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.   Smiley I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.


    I'm also a Newbie, as if we all have a strong belief in Btc, its value will reach $40k by the end of 2018, believe me please you will not be wrong.

    Anyone here has the same beliefs as you, but the market is not that, not everyone has absolute belief, need to consider the value of Bitcoin otherwise would be the lamb and would lose the world.

  • Kynner (OP)
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    February 23, 2018, 06:10:46 PM
     #95
    Quote from: kmrunner on February 21, 2018, 07:58:42 PM
    Bitcoin are challenges that become opportunities in the long run.it is risky and its high volatility is well defined but once you believe in its capacity and capabilities, there is opportunity for discovery & growth and income as well.

    I'm still pursuing it, hopefully more opportunity to challenge, I take the time to hold than the time to trade, hope luck comes to me.

  • weston4mills
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    February 23, 2018, 06:20:43 PM
     #96
    I invested my saving and I don't regret it. It's better to invest as much as you can afford without borrowing money from someone else. It's a bit risky
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  • Kynner (OP)
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    February 23, 2018, 06:21:06 PM
     #97
    Quote from: budi691 on February 21, 2018, 08:02:22 PM
    not important you are still a newbie or not but i am proud of what you do, you are still newbie but you dare to invest, even me to do that takes time. hopefully inspire others!
    Thank you very much for your encouraging words, hopefully my decision is correct.

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    February 23, 2018, 06:33:31 PM
     #98
    Quote from: nsasuiteb on February 21, 2018, 08:07:22 PM
    It is a definetely challenge, not opportunity. You can make profit but I don't think there is a obvious opportunity now, I am pessimistic about investment in cryptocurrencies.

    Yes, definitely a factor to success, but really need to consider before decisively.

  • Kynner (OP)
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    February 23, 2018, 06:44:19 PM
     #99
    Quote from: Sadnu on February 21, 2018, 08:08:06 PM
    For me bitcoin is an opportunity that I need to grab because this is a great opportunity given by bitcoin because it's harder to earn money now and because bitcoin can make money on the internet and then bitcoin. because it's so hard to make money today, you're just tired for just the money you're earning then it's too small. so much thanks for learning bitcoin.

    Really you are making me tangled, I do not understand what your meaning is?

  • Naitik
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    February 23, 2018, 06:52:05 PM
     #100
    Opportunity or challenge, these runs simultaneously. If bitcoin is not a challenge it will not be hit as it is know. There is challenge in each and everything.
    The opportunity lies right there where are you complaining.
    if it is so easy, then everybody will only get the profits. there will be no existence of loss associated with any work.
    So take it as opportunity and stand right up against challenge.
    All the best
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