Well, cryptocurrencies are quite bad and can even have serious bad effects on a country’s economy, but apart from that there are still people who has managed to achieve success with the help of cryptocurrency. Lots of people has gone from being poor to being rich and it was all due to they got into cryptocurrency. 

So everything that has a disadvantage,  check it, there is always an advantage too. There are lots of countries trying to stop bitcoin, and there are also countries that don’t care about it.

Anything that affects bitcoin is going to affect other coins for sure, because investors usually follows bitcoin and will withdraw from other coins once they notice that bitcoin is falling. But… this is just a joke and nothing is going to happen to Bitcoin if ETF is approved.

I’m saying this cause I have seen people say this particular thing before but it never happened. Bitcoin might be affected quite alright, but it would be just for a while and after that it will rise again.

Some of the points you have made are wrong, like saying that it can’t be manipulated. Lol, Bitcoin has been manipulated a lot of times and same thing is still happening and it continues, you can’t stop it. The main thing about Bitcoin is the volatility and the anonymity which we are not 100% sure about.

Despite it is not a safe investment, there is still a huge potential to make money from it. Bitcoin is good and bad at the same time, and the rich can always use it in favor of themselves cause they are always the ones manipulating the price.

I don’t really know for sure, we don’t know that now but we will get to find out as soon,  but I hope it does, cause if such happens then a lot of people will get to trust bitcoin and start to invest a lot of money in it Another thing you have to consider is the fact that bitcoin is volatile,  so do you think that anyone is ready to use something as volatile as bitcoin to store their wealth?

The way you’re explaining all this , you seem like one of those who would probably quit immediately if your $100 dollars investment never grew to $300 or $400. You think is that easy right ?lol,  it takes understanding, you need to understand how investment works and the risks that are involved, that’s the main thing you need to know.

And what do you mean by being financially uneducated? Well,  let’s skip that anyway,  but if it’s someone there is no way they can go into investment, they need work hard first of all to make money from other means around them like getting a job and so,  from there they can use the little money they have to invest in bitcoin, or do you expect them to borrow money and invest in bitcoin? What if they lose it and there is no other way for them to pay back? So don’t give such an advice to people.

I also see more and more people using Binance as their trading platform. There are many good options and definitely each one has its own pros and cons. It depends on the priorities of trader that which one he should use for his job. Day trading cannot afford late withdrawals and investments for sure. The best is to go for a site that has less users plus trustworthy.

Your experience is different from others. You might be knowing the internal defects and flaws of this banking system. Because what we know about bitcoin and other crypto is just bookish things. Definitely we don’t have internal knowledge and concrete points that can help us to distinguish these two different elements. But yes, bitcoin and other crypto are much better than banks.

Lol, I think ETH is relying on ICOs too much. Maybe you should withdraw your money and wait for the price to drop down to $200 or below that and you can invest back your funds and wait till it goes back again. This is just for a little while, I believe that things will change very soon and the price of most cryptocurrencies in the market will go up.

Everything has dropped dramatically, I never expected even Bitcoin to drop down to $6000, this morning when I checked I was really surprised. But I’m not worried tho’.

There will be growth and I am not so sure that the growth will be so big to take the price high enough to cross the $50000 value in the market. Not possible in the near future. We are still in the same situation where we were two months ago and the market is red.

The fall has been ruling the market for long. Some people are still so optimistic about the future value of Bitcoin and the investments are still high because of the down price. Hopefully we would be having a great market in future.

Exactly this is right. One thing I would love to add that even if Bitcoin outdate the banking sector, the fiscal and monetary policies will no longer be effective and instrumental in controlling the unemployment and inflation in the country and the Bitcoin along with bringing easiness will also bring a havoc that will be difficult to stop. So it is very important to maintain a balance between the fiat and Bitcoin and government regulations in the Bitcoin might lead to a progressing economy.

This is a fact that whenever it is the start of the technology, the marginal benefits are always high and it is always desired to invest in such assets for the margin of making money is always very high. With the passage of time, when most of the people have invested in the assets, the marginal benefits declines slowly and with the still rising profits due to rising demand, the price in the market also rise.

That is right only when the market is low and not up to insure you good money. I think that you should also stay calm and hold your coins instead of proceeding for panic selling. Also when the price of the coin is low, you should invest in the coins to get a good profit when you sell it again in future. This is the only way you can spend days of peace in the bearish market so buy and collect more coins.

That is one nice strategy. I think the amount of money that you want to invest in Bitcoin depends on the amount of Bitcoin as well as on the budget available. It therefore leads to the conclusion that Bitcoin could be owned in fractions as well and you can invest any amount.

Spending time in bounty campaigns and airdrops help you earn easy money that could also be invested in Bitcoin. But I think talking about loosing money in the start is not a good thing and one should be optimistic about winning rather than pessimistic about loosing.

Did you read the conclusion of the post? They say that bear trend is nothing but only your fear to invest or sell and make money in the market. Irrespective to the bearish market, you can still invest or gain.

Plus I believe the price of Bitcoin will cross the $10000 value in the market till the end of the year and the start of New Year might accelerate the growth in the value further. The technology is incredible and it should not be called or considered a failed market just because the prices are down.

Making money in this low market is difficult and seems impossible and even if I have the opportunity to make some profit then I will not proceed for it because I will choose high profit which is coming towards us. Even if I sell for low profit then the market will not improve and will not go out of these situations. We should respect our coins and should not sell for little profit as we have opportunity to get huge profit.

This sounds a bit hilarious because you look like you are dealing in Bitcoin that is why you are here and once you are dealing in Bitcoin, you should know about the hacking stuff. Anyhow, I say yes wallets could be easily hacked because everything over here in the crypto is in the form of codes and codes can easily be broken. But Blockchain has greatly reduced the risk of your wallets being hacked and it provides a very safe platform for the users to ensure their safety.

It looks inevitable in future when Bitcoin would have advanced very much. It is not possible in near future because of the fact that the entire population does not have access to the facilities to use Bitcoin technology or crypto currency. It might be possible when the technology is allowed to operate all around the world.

The markets are slowly entering the next phase where all the businesses will be using technology to expand the circle of your costumer acquisition. So Bitcoin will be a dire need of the future for all around the world.

That is right that a high population growth rate depletes the national resources as well as the necessities that are available for one person today. America had a population growth rate of 0.7% per year; UK had 0.8% in the same year while that of Afghanistan was 2.7% in 2016.

If we compare the living standards of the people of these countries, those with low growth rate had a high living standard than those with high growth rate. Of course the countries with low growth rates have performed well over time for their consumption is low and they save more as a result of which economy rose.

This is not the typing error and the author of the question is very curious about whether ETH will cross $15000 till December. This is an over speculated value for ETH and is not going to happen at least this year. It might be possible in either 2020 or may be after that when Bitcoin would be very high and ETH would be following in the rising trend of Bitcoin backed by its own technological progress as well.

That is a good principal but that limits your abilities to earn big money. There have been people like the owner of JacksonVille who took loan of $50000 and invested it with the $28000 he had save during his five years job and invested it to build a company.

Today the company gets orders from all the states in US. However if you do not want to take the risk in investment, you can just invest the money you are willing to invest and that will give you the profit accordingly.