Bitcoin is a good way to invest your money.İs the most reliable investment vehicle on the market.
Yes it clearly shows that bitcoin indeed is a reliable source of income. Plus if we invest on it, our money will surely grow. It is a sure investment thus, many are investing with it. Bitcoin has many ways to offer aside from merely sitting there. There are many mays to earn. |
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Bitcoin is going down very hard till now after touch ATH last year. Any idea what caused it? And what the impact to other altcoins? Any opinion when bitcoin will be rise up again?
Feel free to answer my questions and thanks for your participation.
Negative announcement about bitcoin like the banning of bitcoin areound the world. For this case people think that bitcoin will not go out anymore so they will sell their bitcoins. Those act will surely help the bitcoin price to goes down. |
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Japan is the birthplace of bitcoin. It is the cradle for bitcoin to grow and spread to the world. I think japan is a great place for bitcoin enthusiasts.
We cannot say that it is the birthplace of bitcoin just because its creator or developer is a Japanese. But Japan is advanced compared to any other country in the world. It has no problem adopting to technologies and at the same time keeping their culture and tradition intact. |
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Maybe women more concern of taking care of her children and leave the crypto to men.Majority of women not really into IT so there interest in crypto is not that big.
Plus women are not gamer. They tend to just scroll up and down and post their photos on social media. Whereas, men are into games and crypto currency. But if women will got to know about bitcoin, then maybe they will likewise want their self to be engaged with it. |
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cashing is easy. taxing is difficult. that's why you need financial adviser to do the magic.
Here in my country it is very easy to cash our bitcoins. I do not know if it is legal but it is seems like that. Bitcoin can be encash on banks and other remittance center. If you have that big amount of btc, why would you cash it all out. Why not just reserve some. |
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which they know when bitcoin comes down that bitcoin has died. but keep in mind the bitcoin will return high in time. and I am very sure of that.
I am sure from the very start that even bitcoin goes down, it will still goes up. If we will compare bitcoin price now to its price before we can say that it is still high. Bitcoin will not die and if ever it will, so as other altcoins. |
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Yes this is risky. You need to have a balanced portfolio
And besides, selling your house to buy bitcoin is a total risk. What will happen if you bought at this rate and its price will go down. Maybe buy some half if you really want or just do not mind what we people gonna say. Just invest half of it. |
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Honestly, bitcoin/altcoins can be use by Good and bad people. So my answer is yes! it can be use by the criminals it is because its kind an open source that can be use use for illegal purposes.
Yes it is indeed used by many criminals I guess now that bitcoin has did not asked for any identities. Every transactions are quite easy without giving your identity. But if criminals will do anything as they please, even using criminals can do it. |
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It's not too late to invest as long as the person is ready to take the risks he or she gets while investing in Bitcoin and understand how bitcoin works because it's usually the parent's to find it a little hard to understand things related to the internet. .
There is no late or too early in investing. It might seems too late because it is now 9years after it was launched. But to think of it, its price goes down and now it is going up. It is better to buy now because it might goes up continuously. |
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It could possibly hit the $20k mark but I do not think that it would be so soon. But hopefully it will. As we can all see, bitcoin price is starting to goes up again. The bitcoin I have which I am just keeping now have good value. We wish that it will come true or better than that.
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I think that financial education which is crucial for people have to start since childhood from your family. Our families just gave us money whenever we need it but have never taught how to manage it.
I agree with you. Financial literacy starts in our family. Our parents should be the one to start educating us on how to use money wisely. This is the problem of me and other people. We just keep on spending our money on things we really do not need. |
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This is logical and ironic at the same time.People are panic selling because they don't want to losr their money on the backdrops which is natural. But the truth is that they are already losing when they chose to sell because they are just making the market value to fall. Avoid panic selling because holding with patience is more necessary since dumps are just temporary and will eventually increase if such thing wi occur.
I agree that those things contributed to the dump of bitcoin. And most of the people who sell their bitcoins out of panic are new to crypto currency. As for me, I know that bitcoin price is like that. I will just patiently waiting for its price to goes up again. |
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I use the profit to pay off my loans from my friends. It's shameful, most people are profitable and I'm losing money. The hack, bump, dump games made my account lost. A bad year. Now I'm a bounty hunter and I feel pretty okay with this job.
On my part I likewise spend some of the money I earned from bitcoin on paying our bills. Some were payments for utilities and even paid for my loans. I am planning to use some of my bitcoins to put up a business. In that way it would be a twice earning or profit for me. |
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this is still in the process stage of all developed countries, all countries are now making regulations about this digital currency.
Well here in my countries although there is no clear status of our bitcoin into our government. But atleast here in my country, bitcoin is somewhat legal. Although there is no direct confirmation. But thr fact that there are governmeny agencies who can be paid by pur bitcoin perhaps it is very legal. |
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depending on what is meant by the end. the market will change many times and maybe bitcoin will crumble, but this will only clear the way for new projects
Yes new projects and yet we can actually saw that bitcoin price is going up. So the word end can be put on trash because it will not happen again. As of now bitcoin ptoce is currently going up. Not that fast but it is slowly climbing. |
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Bitcoin will forever be a special cryptocurrency because it becomes first, because being the first makes a lot of dev. large continue to develop bitcoin so that bitcoin development continues to improve.
I agree with you. It is the first digital currency ever made. Since its launched many were created new cyptos because they saw that bitcoin is very profitable. Bitcoin is the most popular and trusted crypto all over the world. And as of date, all crypto's price are based on bitcoin. |
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Of course it absolutely possible, the first thing need to do is the country doesn't ban bicoin, furthermore if the government can easily work together with bitcoiners. Well, thats just my perception and I hope it'will happens in my country. Actually we can do better if this happens.
Yes I agree. Bitcoin can improves the economy of a country. Like you said if they will not ban bitcoin and let people use bitcoin. Many people will benefit from bitcoin and will have a good life. Because of this, there would be less people who will have no job or source of income. |
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A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
In my opinion yes it could be possible that countries will make their own cryptos. But even if they make their own cryptocurrency, still its price will be based on bitcoin. Creating their own cryptos, they can regulate it more and maybe imposed some tax. Which in return can give additional profit. |
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Money should be the fruit to hard work and perseverance. Bur some people scam to get large money the easiest way without thinking it’s illegal.
They definitely knows it is illegal but people will still do it. All for the love of money and to get rich real quick. Those are people who do not have any heart and conscience at all. All they want is to become rich in a method they know. |
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Surely everyone wants Bitcoin because of its high price and value, so do not be surprised if everyone wants it, and bitcoin has helped a lot of people.
Because bitcoin is a good investment. So it is natural that people will want to have bitcoin. Now that bitcoin price is going up, more people will buy bitcoin as investment. It helped many people in different walks of life. It gives financial freedom to everyone. |
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