As per my understanding, Volatility goes mental when there is a Bitcoin news spreading around like a forest fire, that time is the best time to take a trade as more the volatility, better the returns. In Bitcoin, it can happen for some reasons however the main/primary reason is the rumors or the news related to it. Other cryptocurrencies do affect the price of Bitcoin like ETH, BNB etc. All of those are co-related to each other.
Yes exactly news have a greater role in the volatility so successful will be those who take benefit from volatility and not get feared with decreasing price. Both bullish and bearish season are to take the advantage because both have its own role in crypto world. When due to some news bitcoin fluctuates then at the same time other crypto coins also follows the same trend which suggests that all crypto coins have relation with that of bitcoin therefore bitcoin is getting trust of everyone. News are not true all the time but effects the industry of cryptocurrency all the time, bad news moves the price negatively while good news moves it positively.
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Your friend is so innocent that anyone will tell him to follow this field and he will follow it. I know everyone is facing troubles in life but following everyone and don't know how to do it is not an act of wise man.
I think selling a property to make investment in that field which you don't have any information is a big mistakes which is done by lots of individuals because they desires to only get more money which is greediness as well as bad idea which cannot give you anything without regression.
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It's really strange that people are not aware what is the main cause of inflation. Bitcoin is a hedge against inflation and those who know this will move their wealth in bitcoins. The general public has no concern to know the flaws in the current monetary system. All they want is to get the wealth.
You're right that people these days invest in Bitcoin because they want to spend online, or they want to do trading but there are very few who are accumulating Bitcoin in order to perverse their wealth and keep them safe from the ever-increasing inflation.
The next financial crisis, similar to the one that happened in 2008, is very near and if we do not keep our wealth in Bitcoin or Gold, it will be very difficult for us to survive that crisis. Everyone says easily that inflation is easily overcome by investment in Bitcoin but its very hard for poor people to buy bitcoin, manage the risks and then forget about the loss. We all says that bitcoin can enhance the money but poor people have only one source of income and if they put it in bitcoin they they will never be able to put money into other source or even they will not be able to operates the system of home well. Gold is better option but for bride poor people hardly buy gold, it's means that they only worked hard to make the life of their children happy but they don't work for themselves. Everything become possible but time and patience is needed and I saw many people who are not wealthy by birth but they worked hard and now they can easily achieve what they wants to get. Everyone wants to be wealthy and everyone knows the fact and the ways through which they can become wealthy but they are not able at start and surely they will do all these strategy one day as poverty does not persist always.
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News can alter the price and everyone says that when positive news are coming then the price become increasing but I don't know the fact that now people are talking about halving and the news are spreading all over the world but still the price is getting down so what the reason behind it?
It is clear that when good news are coming demand grows like halving is a good news so demand is boosting so its value should be increasing but instead of elevation there is a dump in the rate of bitcoin.
I know it's temporary but this temporary ups and downs make the holders discomfort and because of this comfort sometimes they make sudden, wrong and useless decisions.
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People are accepting bitcoin due to the fact that bitcoin is not controlled by anyone that's why no one can control its price. Bitcoin is still used for bad activities but not by everyone and majority of people are purchasing bitcoin in a hope to meet the demands of life.
Everyone these days are in willing to become a participants in the investment of bitcoin as they have complete idea about the past success and they know that it is the only way to be wealthy one day.
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If you utilize huge amount of money in trading then probably you will get the huge rewards like that of 100$ but also don't forget that with greater payback you will also face greater harm.
If you have more money and you want to make good use of it then you should grab bitcoin for longer time with the help of which you can escape loss and also you will take the benefit of halving which is nearer.
In spot trading you can achieve such a huge payback for only three or four times but it will also make it possible to loss more than this after few days so always try to move towards investment not trading.
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The price of market is unpredictable and we have no idea that bitcoin will remains at such lower price or it will be corrected soon but I think most of the people are collecting bitcoin at this time as they have heared about the halving period.
The day of Millionaire cannot over because its just a temporary decline and booming but the actual bull will initiate in next year because of the reality of halving. surely bitcoin will boom again because market is going to recover back and this time is the correction timing which will give us better price in some months.
I don't think why people loss their hopes when the market slightly get downs even they know that changes are going to happen on regular basis and good time always come back.
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In some countries bitcoin is permissible but people don't accept bitcoin because of its volatility as they have earned money with hardwork and are afraid of lossing it. Those who accept bitcoin have realized that how much important it is, what procedures are there to follow, how act and take decision in accordance with the conditions so they are not afraid and easily accept bitcoin because they completely understand it.
I think people of old age does not accept bitcoin easily because they don't trust digital money but they believe on doing business and other jobs which are not online. Otherwise those individuals who have some knowledge about bitcoin will never reject it as jobs are limited and everyone is finding in new technology of earning.
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One reason why people miss direction in life is competition. People don't understand that everyone is unique so they want to be like someone else. Some people are talented in sports but they choose to become businessmen because they want to be like another person. The same thing also happens in business when some people choose to go into areas they do not know about because they think that others are making more profit from the business area. Success requires focus and determination. To achieve success we need to be persistently diligent until we attain our goals.
The life of everyone will be easy if they become thankful for what they have because its reality that there is no body who achieved every desire in life. Some people thinks that other is happy because they have lots of money but they don't know that having lots of money does not magnify your happiness. We should not always follow others but should make our lives as everyone desires to have life like this. Same thing people do with trading as they don't know anything but follow others because they become rich due to trading but one thing is important here that success is for those who are talented in that field. May be you are not good in trading but good in business so always select that field in which you are knowledgeable and you have command on that things so you will be successful.
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In fact, the price of bitcoin is no longer as attractive as it was at the beginning of the year, and 2022 was a much more interesting year for investments. Now we need to act deliberately and without haste, perhaps we are still waiting for a correction in the price of bitcoin, and maybe now is not the best time to buy, instead it is worth preparing funds for this.
But also, no one can guarantee you that such a correction will happen, so everyone must decide for himself how to act. The only thing that is definitely not worth doing right now is selling. If you are buying bitcoin for a long-term investment, then you are only at the beginning of the journey and the bull market will do what it should.
Those who already have buy bitcoin should not be worried because correction will occur very soon may be at the end or this year. Price Fluctuations is not a new thing and as we have experienced 2022 so the present year is appreciable. This time the price is little bit lower but I think it will soon pump and will be 35k$ in coming months. One can decide openly during this stage but selling presently will just be a cause of your loss nothing else. If one wait for longer time then patience for few months more will not be hard for him if he wants to get the reward otherwise its up to a person that what he wants. 2024 will be a Bull season surely so just few months are remaining if some are deprived of bitcoin they should buy at this cost and those who bought previously should be in patience as one day you will get the reward.
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according to my experience if parents are doing some business then their children are already familiar with that opportunity. Your friend's father done one mistakes that without giving him knowledge he directly place bitcoin in front of him so without knowledge it's obvious that he will not accept it easily.
Bitcoin is gaining attention of people now but who knows that what will be its value in coming years so this point should be keep in mind before giving bitcoin to child. I think giving property or houses will be a beneficial options if someone wants a luxurious coming years for his offspring's.
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There is no guarantee about others altcoins that they will give you profit or will be under your control but in the case of bitcoin it is based on Decentralized technology which refers to the fact that no other entity have any control over it.
Security and safety is the reason that most of the crypto users believe in bitcoin, the mechanism of payment is very secure. Some individuals just focus on greater yield of altcoins but they don't think that related risks are also very high which are not such higher in bitcoin.
Government institutions have control on providing income because they are not decentralized and are based on centralized authority which means that income is under their control but in bitcoin such a technology does not exists.
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Success in every field is conditional on the attentiveness of a person, locale and age, in such situations age refers to the timing as with passage of time new things begins which are more valuable than previous one.
Setting a business is a wise idea but sometimes business failed due to any reason, may be due to wrong place, inadequate conduction or something else. Cryptocurrency investment is on top of risky investment so I don't think anyone will invest such a larger amount without knowing anything about it. Bitcoin is beneficial coin but no one knows that how long it will carry on so putting larger amounts is also full of problems in such position.
Real estate will be better as it can give you profit and as the time goes your putted money will elevates in value.
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It depends on the citizen, if they're not educated and don't want to get paid with minimum or low salary, it will make the national economy decline since they're rubbish for the country.
If the citizen are educated and don't mind to get paid with minimum or low salary, it will make the national economy increase since they don't mind about the money, they're want to become loyal for the country.
No one is rubbish for country because every individual has his own place and value in its own way. There is nothing useless in this universe and the human are the power of the nation, everyone should respect others. Everyone is loyal for his country no matter he is education or not but everyone loves his country. If a person is not educated then surely he will be engaged in some other job which don't required degree but skills so presently everyone works for his family and no one set useless without doing anything so we cannot say that larger populations are rubbish for country but we can say that these can make the foundation of a country.
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I think this is not a good time for selling your bitcoin and if you are holding btc from years then waiting for some more months are not a big deal. I don't know why you are selling your btc at such a low price but it is not a suitable timing for selling but instead buying at this price will be worthy.
You missed the opportunity of selling bitcoin at 69k$ so now you should wait until it again rise and touch the value of 69k$ or more because investment means to get more income so if you are in loss so never choose wrong path. Other thing is there is no other better coin than bitcoin so don't waste your money by investing in other coins be patience and wait for Bull season.
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If one control his emotions then he is become in patience which means that controlling one's emotions will have a strong effects on the rate of success. But a person should not too in patience that all the beneficial moments passed away and he do not achieve anything as making better choice under better timing is very crucial.
Other factors are also very important and we should control these factors too just because greed is the cause because of which lots of people's end become fallacious. I think greed and patience are a part of emotions so if one control emotions both these factors will be under control automatically, greed can be control but natural emotions are something which is hard to control but we can try to do so.
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Bitcoin's returns are bigger than all traditional investments and that's why we all choose bitcoin over other investments. but the higher the return, the higher the risk, there is no asset that offers high returns that is safe. therefore, investing more in bitcoin will give you a better chance of getting a bigger profit, but don't forget that if you fail, the loss will also be bigger. Bitcoin no matter how good is risky so only invest with money you can lose and don't affect your life.
Acceptance of risk enables you to take the reward if a person becomes frightened of risk then achievement become impossible for him so accept every situation and tolerate them with your patience, knowledge and experience. One thing can overcome your loss if you don't act according to greed but accept what is better for you because in desires of more a person loss their own money and then set with regret for their incorrect settlement.
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If bitcoin is legally accepted in every country then the price increase will depends on the acceptance of bitcoin by the citizen of each country. First is that bitcoin is very expensive and everyone cannot buy it easily other thing is that some cannot tolerate the hazards related to bitcoin so they will not accept bitcoin easily.
Bitcoin price will go higher when every country accept bitcoin but I think it will takes longer time may be some countries never accept bitcoin as because of bitcoin individual are mostly involved in online business where the paper money will be reduces in cost which is unbearable by the leaders of a country.
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People will not listen to your words but they always be impressed with the money you earn so try to convince others with the help of you actions rather than your words. Bitcoin is one of the most admirable currency due to its success and decentralized nature.
Bitcoin is decentralized currency therefore it is possible to keep your bitcoin in your control as bitcoin can give you much more benefits if you manage all the things via using your knowledge and experience.
People are in fear regarding bitcoin when the realize that it has also some risks and if risk was not there then everyone will be there for investment but they don't know the reality that accepting risk will make you rich.
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I think that's a good reason friends, so basically the purpose of investing in bitcoin and crypto is to make a profit, with the aim that inflation can be overcome a little by investing in crypto. and I also invest in crypto with the aim of making more and more money for my and finally inflation is overcome.
Yes inflation can be overcome by investment in crypto but some people just hear that bitcoin is an asset that aids in the expanding of one's wealth and quickly invest a greater amount of money so bitcoin do not proves to be good for such individuals. Bitcoin is used for better life but for some it acts like a bag full of cash and some individuals do not get anything therefore try your best to use techniques so bitcoin will surely act as a treasure box.
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