Yes, investing with cryptocurrency is not suitable for the weak and does not dare to take risks. Big profit big risk. For those who have a strong cryptocurrency basis, as well as a lot of experience, would be confident to face all possibilities, of course with plan b as a preventive action.
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I am not sure it will go to 8k or 9k still market is volatile and also seems like some temporary fall because of panic sell doing by fudsters or so you can invest even in 10K if your really looking for long term atleast for next 6 months.
I agree with you. It is proven that the bitcoin price bounced before touching the $ 10,000 price. It will never disappoint for long-term investments with bitcoin, which is important to be patient. As long as the price is still low enough like this, it would be appropriate to start buying it then wait for the price bounce higher.
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market is green today. Do you think the uptrend is coming? Do I should invest some?
Recent Bitcoin prices are much lower.Today prices are rising and there is hope that the prices will continue to increase.Now if you are buying Bitcoin,then buying a Bitcoin is a golden chance then success will be achieved very soon.I want this opportunity you did not miss,it right now invest this time. Yep, that's right. When the price is at its low point is a great opportunity to buy. At the very least, bitcoin prices can go back to the $ 16000 range, you can get a lot of profit. The decision is in your hands, want long-term or short-term investments. you should buy lots of profitable altcoin when the price is bloody like yesterday, and sell it now when the price starts to turn green again, wow .. the profit can be many times over. Great opportunity is still open, start buying a good potential.
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The "crash" was awesome as I was able to buy at great discounts.. hope it happens again for a couple more months!!!
You are right, prices are falling yesterday like a discount. That's a good time to buy a profitable crypto-currency. Then we just wait until the price goes up and sell it to get profit. For those who can not understand this situation will underestimate crypto-currency, they just do not know what pattern often occurs after the price reaches its low point. The price will bounce again.
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Actually the rise and fall of virtual assets is a natural thing, especially the last few years every January there is a significant price decline. of course you know, JP Morgan statement, it brings considerable influence. Stay calm, this issue will soon pass.
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Many opinions are emerging about cryptocurrency, it depends on each point of view. Especially if the official government issued the statement. Naturally, this statement appears because bitcoin is more suitable to be used as an asset rather than as a currency. However, if issues related to legality, transaction fees, and confirmation times can be fixed, then one day it can be effective for payment.
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So far, bitcoin does bring many changes. The news and its development are highly controversial. New breakthrough in financial technology that can be used as investment and commodity with a very high value. Although not effective for micro-payment due to high fee issues, but very compatible with digital era.
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Technology and bitcoin developments do have a positive impact, the government is aware of it, but it also brings negative impacts that still have not found effective preventive measures to reduce it. So some governments do not ban it as a whole, there are some parts that are prohibited. For example, bitcoin should not be used as a means of payment within their country, but it is not forbidden to have it just to be careful because the government does not guarantee any losses.
Because there is no official administrator who controls it, it is very vulnerable to speculation, it can be used for illegal transactions, terrorism financing, black market, etc. That's what the government is worried about. They just want to maintain the economic stability and security of their people.
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Are you kidding? Consider well your decision. Do not panic. Although bitcoin prices are predicted to continue to fall today but please consider well. The risk is enormous, you must understand that.
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No, you're not too late. Users of cryptocurrency, especially bitcoin, are still relatively small when compared with the current human population. This limited amount causes the bitcoin price to be very high, indicating that demand is greater than supply. You can buy bitcoin, a great opportunity open, if you have the capital. In addition to bitcoin, you can also try altcoin. Many altcoins are profitable today. Altcoin also brings a lot of profit.
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Everyone has a very pleasant experience with cryptocurrency. I also experienced it. In the past, I never believed it. can i improve my life with this? And it does happen, God has shown this very easy way. Although many risks, as long as it can prepare to overcome it then we can survive and can achieve the dream of becoming a millionaire.
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It's a mixed bag. I'd say that Bitcoin has certainly achieved mainstream awareness. Everyone's heard of it, CNBC and Forbes are shilling it daily, and the banks (GS and JP Morgan) are comparing it to gold.
I don't think its usage is mainstream yet, though. Just look at the transaction numbers. All cryptocurrency networks combined still represents a tiny sliver of global value transfer. And it really isn't ready for mainstream adoption yet, given the state of network congestion and the lack of exponential scaling mechanisms. With Rootstock deployed and the Lightning Network close behind, I'm hoping that the network is ready for that kind of scale in 1-2 years.
I voted "No."
The role of media and social media is very influential. My friends have asked me about bitcoin because they have seen my social media account sharing about an ICO project. Some are interested, some are not, some even consider it a fraud. About 15 people in my office, there were only 2 people interested and asked me to guide him to join cryptocurrency. So, as you say, news about bitcoin is mainstream, but not with its use.
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Gold and bitcoin have many similarities, including: the limited amount to get it should be mined, the only difference being its form, gold is real, virtual bitcoin. Both have their own functions and advantages. Nothing replaces each other, everyone has an interest in gold or bitcoin. Both will still exist, and it would be more profitable to use both as investment.
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Calm down. You just need a lot of experience to manage your emotions and make decisions in trading. Not one coin, but our ability to analyze the market and take advantage of every moment that needs to be improved. Moreover, the rise and fall of the price of cryptocurrency is a natural thing.
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I will choose both, because bitcoin and gold have their respective advantages, bitcoin has ease in transactions while gold also has advantages exist in real world and can be held
Me too. The profit from cryptocurrency I use to buy gold as a real investment, I also plan to save BTC when my profit is getting bigger, and I have to prepare mentally first because it could be a bitcoin investment is not always profit, anything can happen.
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Yes, the 1 million bitcoin of the dead person will still exist, but won't move anymore because no one can make them move from a wallet to another. This, so far, explains too why bitcoin supply is limited, and decreases with time. Now it's compensated by btc mined, but mining won't last forever (bitcoin income for miners decreases every 4 years).
That is what causes bitcoin prices to experience an upward trend, because the number is limited and only up to a total of 21 million only. So it's important to take care of your assets, make sure someone knows you have an investment of bitcoins, or it would be wise to make notes or testament.
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Probably because people are tired of fiat and want something new. Bitcoin is impressive for them because it is anonymous and taxeless. But bitcoin has not been legalized by my government.
Some may prefer bitcoin but majority are gonna be using fiat, bitcoin is not even widely used by majority of the population due to some limitations and it will never replace fiat in the future. Bitcoin has already grown and keep growing but it will not big as the coverage of the fiat in terms of user based. People who use bitcoin can also use fiat and they are not in a competition actually. One of the limitations is that it depends on the internet. When there is no internet connection then bitcoin can not be used. In addition, the bitcoin transaction fee is also quite high, so bitcoin is not effective for micro-payment. That is why bitcoin is more dominant as a commodity and investment.
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Until now I have never experienced any adverse things with cryptocurrency, except for my own mistake. So I have no reason to stop here. Anyway why should stop if it is very profitable, right? Many people say that because the price is easy to change, or easily hacked, come on... it's a technical problem, it will not happen if we have good analytics and able to chart well, and keep our wallet safe.
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Every government must have a reason why it does not legalize bitcoin. Most of them prohibit the use of bitcoin as a means of payment, this is related to the sovereignty of the independence of currency in their country. Another reason is to maintain the economic stability of the country, and to prevent the use of bitcoin as a criminal tool because the government does not supervise and control it.
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Wallet hardware is the best and safest option. Trezor and Ledger could be an option. You do have to spend extra money for this, but it does not matter, right? the important bitcoins and your assets are safe from theft.
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