Investigate Before Investing
The dollar was designed to lose value annually while Bitcoin (BTC) has been growing in value since 2009, which was only a few years ago as it is 2017 this year, right now. Unlike gold, BTC & other cryptocurrency coins are riskier. Crypto has been going up & down a lot these past few years like the stock market. I'm comparing exchange rates at Trading Economics Dot Com: http://tradingeconomics.com
Wasn't BTC less than a dollar around 2009 but it went up to $3K USD in 2017, this year, right, or before that? Those are estimates. BTC went under $2K USD in June 2017, & some are scared that the sky is falling. People said BTC will rise after the end of July 2017 after the fork. BTC will rise above $10K USD before 2025 probably. Dollar & normal money will someday die or decline at least in the next few years more than ever before, more so than anything we have seen in centuries.
Ethereum, Litecoin, Ripple, & others will continue to rise. Plus, Steem will rise a lot. Steem is part of a new kind of social network, Steemit, that pays you to do what you you do for free on Facebook & everywhere for that matter. Facebook should pay you money. Facebook is making billions of dollars and they are not paying us for the work we did which helped them make money. Facebook sells our stuff to advertisers, marketers, governments, corporations, the NWO, your mom, trolls under bridges, the ghost of Michael Jackson, and so on. I've been blogging & surfing the web since I was 13 back in 1998 in the USA and I joined Steemit last month in VN. I bought BTC & other cryptos last month too. But then sold away my other crypto for BTC yesterday.
I'm comparing the value of the dollar to other Rothschild money currencies like the Pound, Euro, the Dong, & now BTC & the others. I bought some crypto like Dogecoin last month at a higher price but then sold them yesterday for a lower price and lost maybe $200 USD or more in all of that. I'm learning. I also ran into or exceeded the Steemit bandwidth limit. Some said I posted too much. I wrote a post about it here on Steemit. I don't know what too much posting means. I prefer specific numbers.
Buffet said we should invest in stuff with potential.
Investigate before you invest in crypto.
Look at bonds, smart contracts, interest, profits, like Steem & SP from Steemit.
I was also looking at the stocks of commodities like rice:
https://tradingeconomics.com/commodities
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I live in Vietnam and was telling a man about BTC & SP today.
I am learning everyday too.
I make a lot of big mistakes in life like all of the time.
Life is full of risk in relationships.
Look at crypto like a potential love relationship with a lover.
It may rise and it may fall.
In the long-run, you can invest and stick through it like a marriage.
You can choose to marry your alternative (ALT) coins and commit.
You can also date many crypto like a pimp or bimbo or something.
You can date a crypto and then dump the crypto the next day when you see a hotter crypto later.
You can marry and divorce crypto whenever you want if you choose to.
But what about the kids?
Smart contracts & bonds, like SP, are full of potential, profit.
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Thanks for coming and good luck.
Joey Arnold
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What is the stock exchange?
It is a global virtual market of money, bonds, shares, & more:
How to invest in the Stock Market:
Dollar Was Designed To Lose Value Annually:
You should do a proper study before investing. If you are a newbie then because of the downfall you will tend to sell your currencies, but you should understand that it is just a starting.
I bought BTC. I bought more BTC.
Thank you for sharing this insightful message with the community. I totally agree with you on investigating before you invest. It is really important where you put your hard earned money because when the system fails , your money will be lost forever. I hope you keep on posting informative c
Hi, all friend please upvote my post and follow me.
please comment me. davinger.
Thanks.
Now is the time to buy BTC. You can make money today or someday. Good luck.
I dipped in yesterday and bought up on some btc & ltc.
It's a good time to buy.
Should I trade my BTC for SP today?
Good to see you researching what you are investing in. :)
Hope the comments on your post from yesterday were a help in this.
Yes. Thanks. I read it. I think I replied. I still got a lot to think about.
I had alt coins but bought back BTC. I might buy SP soon.
I think BTC and Ethereum and Ripple and Litecoin are the top four.
But STEEM / SP might be or someday might be in the top five or ten.
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There are around a thousand cryptos and you could probably buy low and sell high sometimes with some of them and do that sometimes, but a lot of them or some of them will fail and will decline and some are scams..... but you can still make money with some like gambling and poker when you are lucky in the short term..... long-term investment should be placed in BTC and the other top twenty or top five..... my plan was to sell my cryptos when they were high.... but I feel that might not be this year..... so I sold them while they were low to get my BTC back...... I decided not to wait at this time..... because of the BTC fork seems to be not an every day or every year kind of thing.... therefore, I felt I should put my money into something like BTC that can rise a lot.....and some of this is still confusing................................
helpful tips thanks
awesome
Thank you for your post. I did almost the same mistakes and alwayse (I hope so)learn.
Unfortunatly I've know about BTC when it cost $5 and didn't buy it((
In 2014 was the second time when I touch cryptocurrency: Stellar team gifted to everybody their cryptocurrency who just sign up for it. I got appr 4K stellars and complitly forgoten about it.
Month ago I decided to check what was go on (TV told about cryptocurrency avery dauy) and check my acccount. It was surprise for me - stellars cost money now)
Than I understand I lost a lot of time and miss good opportunities until the market rose this spring...
So, @joeyarnoldvn what do you think about campaign of new currency uses mlm structure? They promise $50 to everybody who just sign up (like a Stellar 3 years ago) I have to trust now, cause Stellar brought me some real dollars for free)) http://sercio.ccbmlm.com
How do I get the $50 USD there? I registered already. I don't see $50 there.
They promise to give $50 on September 19 when campaign is finished.
Frankley speaking Im not going to buy FAU. I just want to get free crypto coins.
Do we only have to register to get the money in September?
Are there other requirements or prerequisites?
To get $50 dollars that's enough. To get more you need to invite people. This is mlm structure. If you invite someone you get $10 more and $2 more if who you invited invite someone too.
That website said one FAU = 0.3 BTC. I signed up for that website.
I do not know if I should buy FAU or not.