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Bitcoin is not dangerous. People who use it for criminal activity are. And it not only happens with bitcoin, it happens with every currency in the world. That doesn't make each currency dangerous.
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I think, bitcoin can not be used as a whole payment system because not all places can accept bitcoin and need internet access to be able to use it and there must be many changes in various places.
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We cannot tell for sure, bitcoin has shown us times without number that there is no way to predict it's price and movement or what will happen to it and all we can do is to wait, watch and see what happens.
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Of course with the decline in bitcoin prices today is very influential on the popularity and confidence of people against bitcon. for that I hope that bitcoin can restore its popularity by showing the strength that bitcoin prices can again increase.
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I think for me this is the right time to invest in bitcoin is when the price of bitcoin going down. So you can buy more out of your money. And holding the bitcoin until it increases in price and your investment will be higher in value too. You need to do some vigilant actions while investing in bitcoin.
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What I love in Bitcoin, there is big factor on my free time after work, I can earn extra money in here if I work hard on it. It will help also to our crisis days like the salary is not enough for the whole month expenses. So lucky to know Bitcoin. Hoping to invest more in here.
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You may need to be patient but the bitcoin will recover. If you have held your bitcoin for a long time, then you sell it now. If you need money for life, food, rent etc. then sell but otherwise HODL. The price is close to certain to reach ATH again at some point in the future.
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Teaching bitcoin to children is a good thing, we all know that the future of the transaction system will use bitcoin so if we introduce bitcoin to the children then they will be ready to welcome a better future.
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That's the concern of most investors right now. The prices of digital currencies are volatile, prices may go up and down anytime. But if you really need money right now accept your losses if you really going to sell it at a cheap price.But for me, if I have other sources of daily income. I will keep my coins for a while. While the exchange rate is still low.
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Yes, after all it is still buy and invest on the butcoin industry even after the depressing price decreases. As a matter of fact because if these price drops it is now easier for would-be investors or simply the old investors alike to buy a whole bitcoin most likely because as bitcoin's valye decreases, it also becomes cheaper which makes it easier to purchase a whole coin.
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My opinion is that Bitcoin will not be hacked. It's not easy to hack the bitcoin because of secured and monitoring all what you do.If the bitcoin hack had been done then people would lose faith from bitcoin.I do a lot of research on Bitcoin. I do not get a sample of hacking from any side.
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Today, about 80 percent of bitcoins are mined. Therefore, the complexity on them is constantly growing, and it's getting harder to get them. Therefore at the moment, I think it's easier to buy bitcoin rather than mine it. It is better to extract altcoyins promising.
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Long-term investing is much better than short-term investing.
If you want to make a little profit in a short time then you can short-term investing.
And if you want to make a good profit then you can invest a long term.
Long-term investing is not a risk and there is no anxiety.
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For me this bitcoin is crypto currency and sure you can turn bitcoin into another currency. If you have bitcoin then you can change it to various places like there are some global online exchanges globally but better if you can change your bitcoin through some local exchange like my country there is bit exchange of bitcoin.
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There is possibility that bitcoin won't stay on top forever, but if bitcoin goes down some other crypto will succeed it and it will not have bitcoin in its name. Bitcoin is first of its kind, and that gives it advantage over ther currencies.
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I think bitcoin prices will never stabilize, bitcoin is used globally and in some countries for example South Korea bitcoin prices are always more expensive than others, I hope there is an official website which is a bitcoin price reference so that everyone can buy at the same price.
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Buying drugs through Bitcoin is to risky it is not a good idea using Bitcoin in any illegal transaction,it has no future it will only ended to lose,otherwise we can do Bitcoin as a good example to the world that we can do better ways about Bitcoin.
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Actually if i died at early my bitcoin cannot bring it , i can di only is to pass for my loveones and to my relatives so invest your bitcoin to have more benefits so you can earn alot of bitcoin while working for the future. Someday your child can use your bitcoin and i hope he can use it for the good business and other purposes.
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I will use my crypto as an investment tool. if the crypto price goes up I will sell it and part of the proceeds from the sale I will use for trading. and I would use to create new businesses that can create new jobs.
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