Maybe bitcoin will go up again this year after this drop. We all now experiencing a long time drop today and it is stable at around $10k-$11k. Hopefully bitcoin will go up again in February or maybe in March. We all don't know and no one can ever tell us when it will go up again but patience is a big key for us to gain profit here in bitcoin.
Maybe you're right that the price will start growing in February. So far, there are a lot of FUDs. The need for some good news is that the price can move up faster. I think that higher growth will be around the summer.
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For people who believe in extraterrestrial civilizations is much evidence that testify to the influence of aliens on humanity. Recently, even NASA has published evidence of the presence of aliens. I personally think that the universe is so big that life can exist there.
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I suggest you to stop checking the graph everytime. Leave it for months or year. Even material investments take time to grow and give substantial returns. So leave it. You are not the only one or else you will be depressed everyday by just looking at it.
It's not so easy to stop checking the charts. He bought bitcoin and lost, and now he does not know what to do. Whether to sell at a loss or wait for a price increase.
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Banks can't be completely eliminated. Now the economy is based on banks. By working with banks, the government can control the flow of money as well as fight against fraud.
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Bitcoin is not better or worse. It's just different. The price can rise sharply and then fall. The bitcoin market is much more risky than the stock market or real estate, but it gives you more profits in less time.
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Hello my friends. Is it me or is it time to buy Bitcoin and ethereum soon ? It's a good time to buy. The price is attractive and you can buy more bitcoin. Eth is a currency with great potential and its value will grow. It is also worth investing in it.
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It's hard to predict when btc will reach 20k $. Maybe in a few months. For now, it is important to make up for the last losses.
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Cryptocurrencies have very big potential, but I don't think they would take over regular currencies. This isn't in the interest of banks and governments. It's very doubtful that they would allow this in the near future.
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Bitcoin will not reduce unemployment. Such an investment is good as an alternative source of making money. People who are unemployed who have no money can not afford to invest.
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I do not think these people are idiots. They have their investment strategy. They believe that this investment will bring profit in the future.
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Certainly to some extent afraid. Investments in cryptocurrencies give cash outflow from banks, so banks lose some of their potential profits.
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I didn't think the price would drop below 10k $. It's hard to predict where the price will go. With a further panic sale, there may be a big crash.
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Education is very important in life. There is no good job without it. At school, a man learns the basics that he can later develop according to his interests. Developed countries have a high level of education. This knowledge allowed them to develop well.
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Price will not increase all the time, it is impossible. There must always be a correction. People will sell bitcoins instead of holding them. The price will start to grow again because it will become attractive. Sales because the price falls is a very bad idea.
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now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit
but why do more choose bitcoin as the place they invest?
Everything started from bitcoin. If anyone hears about cryptocurrencies, he thinks bitcoin. Beginners first become interested in bitcoin, and later in other currencies. Besides btc has a good reputation among investors.
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Trading on forex is very difficult. If you are a beginner, there is a very good chance that you will lose money. There are so big price fluctuations that you can lose everything very quickly. Money on forex earn whales only.
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It is know that bitcoin has made a few millionaires, but many of these people donīt have any particular knowledge of the economy nor business. Do you think that is a fair situation?
Yes, I think they deserve it. They've invested their money. They took the risk and managed to make a profit. They might as well have lost money. Maybe they don't have particular knowledge of the economy, but maybe they are lucky.
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Where should I invest my money ? I'm wondering if im going to invest on a high unit which is bitcoin or lower unit which is ethereum that has a potential to grow ? ETH or BTC ? As a higher rank what would you recommend me ?
In my opinion, you should invest in both currencies. This will allow you to reduce the risk of losing all your money. The investment into one is very risky. How to spread the percentage depends on you. Maybe 65% btc, 35% eth.
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Crypto is the beginning of an alternative monetary system. The next stage in the evolution of money.
A system where (crypto) currencies are actually forced to compete for market share. What a concept!
Government-backed currencies have operated as monopolies for far too long. There's no innovation. Fiat money is simply a blunt tool for controlling people.
Crypto gives me hope that we can build a better system... and eventually end the central banking system.
I'm not alone in that hope. Millions of people are now betting on crypto to change the world.
I believe this is what's really fueling crypto's rise. The widespread desire for a system that is fundamentally different and better.
Sure, speculation and profit-seeking play a role. But people don't just invest in crypto... They join it, like it's a movement.
So the next time you hear somebody mention tulips, bubbles and crypto in the same sentence, consider giving them a different perspective.
It's doubtful that it would work. The banking system, governments rather not allow the loss of control over money. Unless they release their own cryptocurrency, which they will be able to control. For now, crypto will be an alternative payment method despite the disadvantages of the current monetary system.
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If there's a coin to invest in this year, would you suggest investing in Doge? Why and why not?
I don't think so. Such a price is a surprise for me. Dogecoin was made for a joke. I don't think it's a good investment. Maybe for fun.
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