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2018 says bitcoin price will reach $50k is considered impossible.
many people also say that in the future there will be a lot of bad news that will hit bitcoin and will kill bitcoin, but the fact is that until now the price of bitcoin continues to grow rapidly and bitcoin is increasingly popular. When Bitcoin started no one would believe it could have any valuation but once the value started it was hard to imagine the price to cross $10 and then $100. So these curiosity is not new and no one would have thought back in 2018 that the price of Bitcoin would reach $50k in 2021. Yes it another surprise for everyone, i never had a doubt about the price reaching hundred thousand but it is hard to predict when and it will touch those values when we are least expected. Everyone when they first knowing Bitcoin usually doubted the future of Bitcoin, and that's a common thing that happens to new things that are not yet known. Therefore, I am also a pessimist with Bitcoin in 2018, where the price fell very drastically, so in 2018 I experienced a fairly large loss. Requires knowledge and a long process for people to really believe in the future of Bitcoin, so I'm amazed if anyone is still holding Bitcoin from 2018 until now. Because I admit it's not easy to really trust Bitcoin 100%, and people who hold Bitcoin in the long term do deserve big profits. |
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If people will only focus on gold, then they cannot really determine the true value of bitcoin. Gold is only good in the ancient times and its value is only fixed. But with bitcoin, it can totally replace the position of gold because its value is definitely tripled with the value of gold. The only disadvantage is its value has all the possibilities to go up or might dump because of its own high volatility. I think aside from the reason that people have more knowledge on gold rather than bitcoin, they are also afraid that bitcoin will suddenly drop its value when they think they can be great replacement for gold. It's time for us to focus more on Bitcoin right now, where everything has started to turn digital. I'm not saying investing in Gold is bad, but see the performance of Bitcoin is much better and the increase in value is higher than Gold. Even if we compare the profit we make from Bitcoin is much greater than investing in Gold. It is true that Bitcoin's weakness is that the price is very volatile and may be related to legality in some countries. But that's not a problem, if we want to learn Bitcoin more deeply, so that we know how to use Bitcoin well. This is a great advantage of bitcoin compared to gold, bitcoin was great before the digital age but now that most of the transactions are digital in nature we cannot go back to carry gold coins in our pockets, that will be incredibly archaic and no one wants to return to that, so we need a store of value that is electronic in nature and so far bitcoin is the best chance that we have to not only be part of the fastest growing market during the last decade, but also it is the best way to protect our wealth we have at the moment. It's not only big profits that Bitcoin can give in the future, but Bitcoin can also provide ease of transactions. Because the digital era like now is very effective in choosing assets such as Bitcoin to protect our wealth, our ease of accessing and using Bitcoin is what many people need today. The modern era is like now where simplicity is important, that's what Bitcoin can provide. So it's no wonder so many rich people and big companies are starting to dare to invest in very large amounts of Bitcoin. Because Bitcoin can provide something that other assets can't, it's no wonder Bitcoin has grown so rapidly in just 12 years. |
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There are many gamblers who suffered from this kind of experienced, thinking that they can quit after winning their small target. But after filling that out they continue to try winning more, the outcome is not good since instead of winning and enjoying they just lost it back together with their capital. Better to enjoy your game and treat those winnings as additional incentive if you manage to win some from the house. We could really have those kind of limits that we do have set before we do able to play but once we had already gambled then stopping mid way is always been the problem on where people do really failed to stop theirselves and would get addicted after wards on where they do spend up money that it shouldn't really be spent in the first place or simply going beyond into their budget. When you do gamble then set limits and when its total lost then don't tend on adding up and this is kind of the behavior on where a gambler must have. The thing that really has to be done is to limit the budget that we will use for gambling, otherwise there is always a desire to gamble continuously. Because every gambler is indeed very difficult to accept the losses they have experienced, and also there is always a sense of desire to win even more. If we do not limit the budget used, most likely without realizing we will make a deposit again to be able to catch up on the losses we have experienced. Many gamblers fail to stop themselves from getting addicted, so it's no wonder the gambling industry is growing so fast. |
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In my opinion, making gambling as a source of income is not only high risk, but highly discouraged. Because it is very difficult to make a fixed
profit of 3%-5% from gambling, if you can do that I am amazed by you, means that your luck is very good in the world of gambling. There are
still many ways to be able to make money from the internet that is much safer, and has little risk. I highly recommend playing gambling just
for entertainment, then the budget that I prepared for gambling was only extra money from the income I received. Even though I ended up losing
all the capital I had while gambling, it didn't become a burden for me.
Making 3-5% profit from gambling is not that difficult if you are a risk taker. Very simple example to make 3-5% profit: lets say your initial deposit is $10, just do one bet on dice or other games where you can set the payout 1.03x-1.05x or spend 10% of your deposit in one bet by betting 1.3x-1.5x. The risk is small with such low payout but if you are unlucky you may lose all in single bet. The other problem is, it is hard to control yourself when you win your very first bet because you may want more and more although your main target is 3-5% only. What you describe may be possible, but getting 3%-5% profit from gambling cannot be obtained in a row. The risk is that we can lose all the money we have, if we play excessively or we can't control our greed. It's not a new thing experienced by many gamblers, if win we want to get the next win, and ended up losing all our money. So don't be obsessed with winning when playing gambling, because it will cause us to lose a lot of money. Just enjoy the gambling games that we do, if we do win, we must stop immediately and withdraw the profits we get. |
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Hi I am Ali and this is my first post on Bitcoin Talk.
Because the bitcoin economy is new, its new nature, and sometimes illiquid markets, the price of Bitcoin can increase or fall unforeseenly in a short period of time. But with the increase in liquidity, this market can gain public trust, as can Fiat currencies, even though it is not of a physical nature.
All prices are variable, the only difference is in the extent of variability itself. Metals, realty, stocks, altcoins, all of them are volatile, especially when something is just entering the market. The volatility of the price is determined by demand and accessibility. It can be said, that cryptocurrencies have just entered the market (as compared to many other assets), the demand is still unstable and is affected largely by such things as news, hype, political issues, etc. Way to stabilize? There’s no such way. However, when Bitcoin is more widely spread, many large investors hold on to it and the market cap is larger - it will become less volatile over time. Compared to other assets, Bitcoin has just entered the market and can be used for trading, which ultimately makes Bitcoin unstable and its price movement very volatile. Indeed, there is no way to stabilize assets, all assets will move according to demand. Even Gold's movement is unstable, likewise, Bitcoin will never be stable. But Bitcoin price movements will not be so volatile if many large investors enter the Bitcoin market. Since large investors usually prefer to hold Bitcoin in the long term, this can reduce the high volatility in Bitcoin. In the future it is likely that Bitcoin will be slightly volatile, unlike now it is very highly volatile. |
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Yes, the price of Bitcoin is now very volatile. However, because of the large price fluctuations, there are many opportunities to earn wealth. Many people realized the freedom of wealth in this process. Of course, it is inevitable that many people lose their wealth. Bitcoin has just been born for 12 years, and we must be patient with Bitcoin's future.
For me, the volatile Bitcoin price is not something to worry about, because if we can analyze the market well. We can use the volatile Bitcoin price to generate profit by trading. There are already several articles on the internet that tell of the experience of getting rich from trading Bitcoin. This means that Bitcoin does provide an opportunity for people to become rich, but it must be done in the right way. If we look at the successful journey of Bitcoin for 12 years, then in the future I believe Bitcoin will provide more benefits. Yes, we can use the volatility of Bitcoin to make more profits. However, this is quite a test of the investment level and choice ability of every investor. Most novices lack professional investment knowledge and only rely on their own emotions to make investment judgments. When the price of bitcoin rose, they bought it, and when the price of bitcoin fell, they sold it again. In these constant and frequent operations, they lost most of their funds. Most beginners are wrong to think Bitcoin can make them rich instantly, even though it requires a long process so that someone can generate profits from Bitcoin on a regular basis. There are many things to learn in order to understand how the crypto world works, so it is very natural that we find newbies experiencing failure when investing in Bitcoin. Finally some beginners who lose all their money when investing in Bitcoin consider Bitcoin a scam. This is the importance of educating newbies, so they can understand how to properly invest in Bitcoin. Because after all investing in Bitcoin is much more risky than investing in Gold. Only knowledgeable and experienced people can profit from the volatile Bitcoin price. |
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In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.
At this time of pandemic people really wanted to have a good earning in a week or month to sustain the daily needs of their family and sometimes being a gambler they are taking the risks of using their money remained hoping that they could double it which this is totally kind of risk and I have encountered such this kind of gambler. I am a gambler too but I just feel good that I have a good self control in my gambling budget and a 3% - 5% from my earning is enough for me. In my opinion, making gambling as a source of income is not only high risk, but highly discouraged. Because it is very difficult to make a fixed profit of 3%-5% from gambling, if you can do that I am amazed by you, means that your luck is very good in the world of gambling. There are still many ways to be able to make money from the internet that is much safer, and has little risk. I highly recommend playing gambling just for entertainment, then the budget that I prepared for gambling was only extra money from the income I received. Even though I ended up losing all the capital I had while gambling, it didn't become a burden for me. |
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We can indeed use other coins to gamble, we don't have to use Bitcoin which is very expensive. Moreover, some gambling sites continue to add
a choice of coins that can be used to play gambling, this makes it easier for gamblers to make a deposit. Then as you said playing gambling does not
have to be every day, I even only play once a week. So the price of cryptocurrency does not affect the development of the gambling industry,
whether crypto prices fall or rise, there are always new people joining gambling sites and making deposits. Therefore the gambling industry continues
to grow until now.
How do you define Bitcoin as "expensive"? I understand that the deposit fee and withdrawal fee may be slightly higher than the other cryptocurrencies, but eventually the coins will be converted to fiat currency once they are deposited. So there is no point in being expensive. For $100 deposit, you can either deposit BTC0.002 or 0.03 ETH. In both cases, it represent the same amount when converted to fiat currency. There are only a few online casinos, where you can play games where the amount is denominated in cryptocurrency. It's true that even though Bitcoin is expensive compared to altcoins, but if the capital is from fiat then convert it into any coins when making a deposit, it won't be a big problem. I mean the psychic effect that we will feel losing Bitcoin will stress me more than losing an altcoin, even though when the initial deposit has the same value. Or maybe it's just me who feels that way, so I really prefer to gamble with altcoins over Bitcoin. |
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I won't deny there are some promising altcoins for investment or trading, I agree why we don't try the various opportunities that are available in front of us.
Yes, it is better to try investing or trading on those promising coins. We are in the bullish season, there is the opportunity to gain bigger profits if we buy more coins. Of course, we must choose the right coins and do a proper strategy in trading or investing. If we doubt to choose the wrong coins, so just buy top altcoins such as ETH, BNB, ADA, or other top coins. In living life we must be brave to take risks, if we only always play it safe in our lives, I think it will be very difficult to move forward. I agree that the bullish season that has occurred should be used to its full potential, do not hesitate to share our capital in several altcoins that we consider potential. I know the risk is very high if we choose the wrong coins for investment, but as long as we do the analysis and research correctly, not difficult to find good coins. Or it could be by choosing the top altcoins according to your suggestions if we are not sure about the results of the analysis that we have done. Because top altcoins are very safe to buy, because they have a high demand, so the possibility to recover is much faster if the price falls. |
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Holding for big gains in the present crypto market is a double edged sword, it can make you a lot of money but it can also leave you feeling sad and down because, if you refuse to sell when you make big gains, you will always blame yourself when the price drops. So why put yourself through that?
My aim is to be profitable and as long as i see profits in the markets, i will always sell and protect my profit, seeing 40X and losing such gains is not a responsibel way to invest
The only instance that you cannot sell your coins in your wallet is because you do not have access anymore and you are sure that the price will still go further, but it's also very risky because the token might come down or worse crash, it happens to me several times I thought the price will go further only to crash and vanish my potential profit. I agree that sometimes people don't sell their Bitcoins, even though they are already making big profits. That's because some people forget their passwords or private keys, so they can't access their own wallets. Therefore, be careful in storing our passwords or private keys, so we can still access our own wallets. The second thing is to believe the price of Bitcoin will still go higher, and not yet reach their desired target. The second reason that most people delay selling their Bitcoin, there is nothing wrong with that. Moreover, the price of Bitcoin does tend to continue to rise, so the longer we hold bitcoin, the profit generated should also be much larger. But as you said the risk is also very high, there is a possibility that the Bitcoin price will correct itself to go higher. As long as we have patience and invest money that we can afford to lose, it can make us easy to face the risks that will occur. |
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Bayern Munich are going to play a home match this weekend against Koln. This must be a golden opportunity for Bayern to obtain their first victory of the season in the Bundesliga. And they are coming to this match with a boosted morale. Because they beat Dortmund in the Super Cup 3-1 and won the title.
It is true that Bayern's victory in the Super Cup after beating Dortmund made the morale of Bayern's players now increase. This will have a good effect on the second week of the Bundesliga against Koln, let alone Bayern's first match in the Bundesliga failed to win, this will further motivate Bayern players to be able to win the match against Koln. Although Koln surprisingly managed to beat Hertha, the quality of the players they have is still far below Bayern. So indeed Bayern have a very big chance to beat Koln. |
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Crypto prices have been very volatile for a long time, so I agree that gamblers will continue to gamble whether they are bullish or bearish.
I still play gambling regularly once a week, whether the market is going up or down. This means that crypto prices do not affect the gambling
industry, we as gamblers will still use capital that comes from fiat, but we will convert according to the current crypto price when gambling.
The crypto price will not stop gamblers from continuing to gamble because they like playing gambling and as long as they can use the other coins that are not too high as bitcoin, that will not be a problem for them. But we as gamblers should realize that playing gambling does not need to be too often because we are only searching for pleasure inside gambling games. The gambling industries itself will still grow, whether it used crypto or fiat money and many new people will trying to playing gambling to fills their curiosity. We can indeed use other coins to gamble, we don't have to use Bitcoin which is very expensive. Moreover, some gambling sites continue to add a choice of coins that can be used to play gambling, this makes it easier for gamblers to make a deposit. Then as you said playing gambling does not have to be every day, I even only play once a week. So the price of cryptocurrency does not affect the development of the gambling industry, whether crypto prices fall or rise, there are always new people joining gambling sites and making deposits. Therefore the gambling industry continues to grow until now. |
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It's alright to have emotion, don't set it aside, instead try to control it rather than setting it aside, what you can get from controlling it is that it's not going to get bottled up compared to setting it aside. Learning to harness your emotion is much better than ignoring.
Everyone has emotions, so don't worry too much about your emotions. Humans have the ability to control their own emotions, so as long as our emotions are controlled, there will be no harm in doing anything. Including if we are going to trade, we must be able to control our emotions. Don't let us make decisions based on emotions, always think positively and be tolerant of the problems we face when trading, it can be very useful so that our emotions are more controlled. a good emotion is the emotion of ambition, not ambition.. if it is ambitious, it means that it has exceeded the limit or it can be said that we can no longer control ourselves. This is where the importance of positive emotions. But I'm sure if emotions are still logical, we will never get out of a trade with a failed result. We must defend good emotions, because they can help us live a good life. Including when trading there is nothing wrong with having good emotions, But the problem is that most people always have bad emotions controlling them. That's why it's important to control our emotions. I agree we need ambition to be a successful trader, but there must be a limit. In order not to make us become a failed trader, in conclusion, as I said before, there is nothing wrong with us having emotions, because it is very human. The most important thing is not to let emotions make us make wrong decisions. |
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I'm also as optimistic as you, especially seeing the price movement of Bitcoin this week is very positive, a return to the top of the $60k price is quite possible. We just need to have faith and continue to collect as much Bitcoin as possible, I don't think it's too late to buy Bitcoin. Because as long as we are patient holding Bitcoin, we should be able to make a profit from Bitcoin. The safest way to make profit from Bitcoin, by way of long-term investment, because if Bitcoin fails to reach the target we want this year. No need to worry, next year Bitcoin will surely reach the target we set. The conclusion is that every year Bitcoin always increases in price, so the longer we hold Bitcoin the bigger the profit we make.
There will always be haters and shorters who will come here and write about how bitcoin did all the best it could and from now on it will crash. I had those type of people a million times when the price crashed from 20k to 3k back in the day, I kept telling them how it is getting to 20k for months and how it was increasing and kept talking about it while it was happening and they kept saying that it was a "ponzi" (which shows how they do not even know about bitcoin) and eventually the price crashed to 3k as we all know and all the while it was dropping they kept saying "I told you it was a ponzi" constantly, now it peaked at 64k... Basically there will always be people who are ignorant to capabilities of bitcoin and we should not be really worried about them, they will be there to annoy us and will not leave even if we want to, we just need to focus on the truth. It's true that Bitcoin haters will always be there, because we can't make everyone like Bitcoin. So these Bitcoin haters will be more active when the price of Bitcoin falls very deep as you have explained. Therefore, if we worry too much about it, we just lose focus from our real goal of investing in Bitcoin. Ignore people who don't want to admit that Bitcoin does have many benefits and has a bright future. When the price of Bitcoin drops we don't need to panic and be influenced by the FUD that is widely circulated, but it's better to focus on holding Bitcoin that we have, people who are patient holding Bitcoin have proven several times to get big profits from Bitcoin. |
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Yes, at the moment Bitcoin is succeeding as a substitute for gold but much better. It is like google maps to paper maps. Although we cannot say it definitely yet, we will have to wait for the Bitcoin to surpass gold in market cap. At that point the defenders of gold will have to admit defeat.
Apart from that, we will have to see if tomorrow it will be used effectively as a currency and as a unit of account.
Times change, and even if gold was without a doubt the best store of value that you could hope for thousands of years bitcoin is better in almost every aspect, probably the only disadvantage that it has compared to gold is that in the case of gold people can very easily understand its value just by looking at it, gold looks valuable and bitcoin is just a bunch of numbers on your computer screen and many people fail to see how that represents value. If people will only focus on gold, then they cannot really determine the true value of bitcoin. Gold is only good in the ancient times and its value is only fixed. But with bitcoin, it can totally replace the position of gold because its value is definitely tripled with the value of gold. The only disadvantage is its value has all the possibilities to go up or might dump because of its own high volatility. I think aside from the reason that people have more knowledge on gold rather than bitcoin, they are also afraid that bitcoin will suddenly drop its value when they think they can be great replacement for gold. It's time for us to focus more on Bitcoin right now, where everything has started to turn digital. I'm not saying investing in Gold is bad, but see the performance of Bitcoin is much better and the increase in value is higher than Gold. Even if we compare the profit we make from Bitcoin is much greater than investing in Gold. It is true that Bitcoin's weakness is that the price is very volatile and may be related to legality in some countries. But that's not a problem, if we want to learn Bitcoin more deeply, so that we know how to use Bitcoin well. |
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Interesting that Tuchel does not share my judgment.  According to him, winning the Champions League and the European Super Cup are not enough for Chelsea to be considered among the main favorites to win the Premier League. The Blues' coach in fact believes that, even with the arrival of a goal machine like Lukaku, the Londoners remain a step below other 3-4 formations in his opinion more ready to win the title. "I see my Chelsea as the fourth force in the league, so we can't be the favorite to win the championship," is the German coach's comment. "We have to reduce the gap with the top three. Last year we raised the bar and shortened this distance in every game, we want to do it again this year. The Premier is a tough league, we are the chasers and we need to get closer to Manchester City, United and Liverpool. This is the reality of things," said Tuchel with conviction. I like what Tuchel is thinking there. One shouldn't be happy with the arrival of goal machine like Lukaku and we have yet to see how he performs in PL. We have yet to see if arrival of Lukaku will settle their unavailability of a goal scoring striker for sure. Last year Chelsea under him did well but most of the points were lost under Lampard. Now Tuchel has nothing binding him down to keep them out of the race. I think they have good chance to win PL in this season and it is impressive to see that he are also thinking highly of his opponents and not undermining them. Why have I always admired Tuchel since becoming PSG coach, because the strategy he uses is very effective, Tuchel proved to have won 2 French League titles and also made it to the Champions League final with PSG. Actually PSG was wrong to sack Tuchel, it was proven that Tuchel managed to give Chelsea the Champions League trophy that PSG really wanted. Now Tuchel will definitely try to win the Premier League trophy, that's why Tuchel signed Lukaku who has done well with Inter. I believe Lukaku can contribute to Chelsea, moreover Chelsea have a lot of good quality players, combined with Tuchel's strategy. It would be the perfect mix, so I believe Chelsea's chances of winning the Premier League are quite big. |
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I would expect gamblers to be more willing to gamble with their coins when the bitcoin price is low. Sure when the price higher we can also make more money with gambling, but we are always at risk to lose out on another price increase.
Didn't seeing it that way as whatever the price, gamblers are gamblers. The betting style is just the same especially for those who are relying on USD value like in other gambling sites where you can base your bet on USD value but with the use of your current crypto. We are in bullish and bearish many times and gambling activity just grows. It means even in a bullish trend, people won't stop doing gambling. Crypto prices have been very volatile for a long time, so I agree that gamblers will continue to gamble whether they are bullish or bearish. I still play gambling regularly once a week, whether the market is going up or down. This means that crypto prices do not affect the gambling industry, we as gamblers will still use capital that comes from fiat, but we will convert according to the current crypto price when gambling. |
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bitcoin is indeed better when compared to gold, indeed gold has no risk that we will experience, because the price of gold can be said to be very stable, but bitcoin is very risky if we are impatient, maybe we will experience big losses, invest in bitcoin You must have extraordinary patience, because if we are patient, it is very likely that success will always be with us.
Yes, the price of Bitcoin is now very volatile. However, because of the large price fluctuations, there are many opportunities to earn wealth. Many people realized the freedom of wealth in this process. Of course, it is inevitable that many people lose their wealth. Bitcoin has just been born for 12 years, and we must be patient with Bitcoin's future. For me, the volatile Bitcoin price is not something to worry about, because if we can analyze the market well. We can use the volatile Bitcoin price to generate profit by trading. There are already several articles on the internet that tell of the experience of getting rich from trading Bitcoin. This means that Bitcoin does provide an opportunity for people to become rich, but it must be done in the right way. If we look at the successful journey of Bitcoin for 12 years, then in the future I believe Bitcoin will provide more benefits. |
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That was incredible yet unbelievable story of how the person that the OP have mentioned accumulated such a big amount of Bitcoin even without putting up an investment through fiat and those have gathered only by just donations. Maybe at that time Bitcoin was just a small amount compared for today and if that person have managed to take into hold with those Bitcoins for years since accumulation, he would really be a multi millionaire as of the moment that Bitcoin's price have boom compared to what it have before.
the crypto world is really full of surprises huh? it must be very valuable and very useful if it is really used for a noble purpose. there's an important lesson from this, as you said, it could be the accumulation of a small number of donations, which is collected later into a large number. so don't be discouraged how much pub btc we have now, consider it a savings, who knows in a few years it could rise to hundreds of times, so don't give up. Why is the development of cryptocurrency fairly fast, even the popularity of Bitcoin continues to increase every year. Even though not all countries support crypto, it's all because the crypto world can give us hope to become rich people. Because there are so many early adopters who became rich after successfully collecting Bitcoin and holding Bitcoin until the price was as high as it is now. What's interesting is that a lot of people started out just collecting small amounts of Bitcoin, but done consistently for several years can finally get a big profit. This means that the crypto world opens up opportunities for everyone to become rich, the most important thing is to do it the right way and full of patience. |
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Except Norwich, all of the new teams in this season have started with a win. Norwich were defeated by Liverpool 0-3. But Brentford defeated Arsenal 2-0 and Watford defeated Aston Villa 3-2. I don't know how good season Brentford will have this year. But I believe that Watford will have a really nice season. They have really qualified players in their squad. And they had a really good season in the Championship. I think that they will keep up the good work. When it comes to Norwich, I think they will have a better season than both of the other two teams. They have promoted to this league as the champions.
It's still too early to judge Norwich, Watford and Brentford for this season, because the Premier League competition has just started, and there are still 37 more matches to play. Norwich were unlucky in the first week to face Liverpool, which is one of the champion candidates. So Norwich's defeat is understandable, moreover, the next Norwich will also face Man City has just suffered a defeat, what is certain is that Man City will also try to win the match when dealing with Norwich, so for Norwich there is very little chance of being able to get points in the next game. Maybe in the third week against Leicester there is a chance for Norwich to get points, although Leicester are also not an easy team to beat. |
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