Bitcoin

**uls** · July 24th, 2019 11:01 AM

Originally Posted by akosijhay

Mga sir saw this video from a Youtube influencer. From their video * (7:41), they said that "It doesn't matter how much you invest because the value of tokens goes up in price every hour guaranteed!". Totoo kaya?

TIA.

malalalaman mo naman kung totoo yan imonitor mo presyo ng bitcoin every hour

**Sarahaw** · July 31st, 2019 04:18 PM

Bitcoins are back to their upward trend and more businesses will be adopting them among other cryptocurencies. Expat businesses and individuals prefer the convenience of crypto currencies for international and cross border transactions to traditional currencies. What many US expats don’t know is that they are now obligated to file US virtual currency taxes even when they transact and earn in cyrptocurrencies. There are those who invest in cryptocrrencues hoping to sell when it rises and they are also required to file capital gains tax with the IRS.

**SpinCycle** · July 31st, 2019 07:42 PM

would have been great to have purchased a few coins back when it was sub $4k each. But it was a risky proposition then with the downward spiral trend.

**xxxlam** · January 7th, 2020 04:08 PM

How are you guys investing in Bitcoin and other cryptocurrencies?

I'm not aggressive trader, just hodler :D and I'm starting to think the bull is awake now... just needs a few morning coffee to do its job. I'm seeing we are done with the bearish season; done testing the support. Now i-test naman natin ang resistance.

**Verbl Kint** · January 8th, 2020 05:48 PM

Originally Posted by xxxlam

How are you guys investing in Bitcoin and other cryptocurrencies?

I'm not aggressive trader, just hodler :D and I'm starting to think the bull is awake now... just needs a few morning coffee to do its job. I'm seeing we are done with the bearish season; done testing the support. Now i-test naman natin ang resistance.

I don't think BTC will ever hit the same highs as December 2017 anytime this year.

But do I believe the record-setting highs of 2 years ago will be breached in the next 2 years? I would say no but I do think the high price of $20k per BTC will be breached before 2024.

Is the bull awake? If the price goes past $10.5k this weekend, then I would say so. But I don't think it will. Keep hodling.

**uls** · January 8th, 2020 06:19 PM

after years of trying to become a widely used currency (but failed)

bitcoin has become a store of value like gold

its behavior is even similar to gold