Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.
Is it possible that bitcoin will be obsolete in the future?
Definitely not Bitcoin will still rule the crypto currency market and until now none among the crypto currencies pass through the value of bitcoin and it is very far from the value of bitcoin.
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We all know that this year we experienced bitcoin surging up so high from $1k in January then on this month of December it almost touch up to $20k. So, do we have to expect more on Bitcoin just like this in the coming years that will go through?
For me I think I will be positive as this years has and hold the Bitcoin that I have right now.
Of course we can expect a better year next year. Anything can really happen but still i believe it would be a good year next year and i am still holding all i have.
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Jump in the price of bitcoin in 2017 was very sudden and not very normal, so a correction was due which we are still feeling. This is a bear market and this market will recover. Price will increase, maybe not with the pace like in 2017 but btc will grow eventually and so will the market.
The bear market may be coming to an end, this short and steady growth that is happening now is what I like to see. I do hope that the bear market would end as well and the market i think is steady in the past few days i hope it would continue towards the end of the year.
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As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?
This people who dump their tokens at a very low price are the ones who lacks knowledge in crypto currencies and they are ruled with their panic situation.
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Buy low and sell high is the best strategy we should follow because with that thinking we will be able to earn a good profit with our investments.
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.
We really cannot tell or predict when will the market will recover. Even it may take years i would still hold on and wait for the market to recover.
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No one can really tell that crypto currency will disappear and i think it would take a long time before it happens. I still believe that crypto currencies will last for a long time and no one can control it.
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Spending time with bitcoin is never a waste of time it brings us a good income in the future through investing and working on the campaigns. Bitcoin is a very good investment along with other crypto currency though the market flactuates every now and then we just need to be patient.
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For me i choose both because i can do both jobs at the same time only proper time management. My regular job sustain my daily financial needs while crypto i invest and keep it for more incomes in the future.
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That are the beliefs of some people and we should not care about that. Bitcoin will never disappear from the time being because the market is actively moving though it is a bear market now and for sure lots of invesyors are already used to it to the movement of crypto currency market.
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All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.
Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine). There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.
Let's continue then our path towards inevitable triumph.
That is true bitcoin will remain the solid coin and still the mother of all crypto currencies. All those who think that bitcoin will outgrow by another coin well it will take a long time before it would happen.
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Actually we have nothing to do with their beliefs so nothing to prove to them. I sure that their beliefs will be their regrets in the future because they did not believe in bitcoin.
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The answer is: NOYou’re not the only one who has this feeling. As someone who got into cryptocurrencies 2.5 years ago (It also seemed too late back then), I think you shouldn't spend your timing regretting on opportunities you missed. Instead, you should make your first step ASAP and learn by getting involved. What should you do? Stay tuned - Read a lot about the different cryptocurrencies and try to catch up with the latest news. Know where you are at - Try to understand how this market works and the main technology behind it Understand the Blockchain in Two Minutes Trust yourself - 90% of what you read on the internet is bullshit, follow your instincts. Learn the basics of technical analysis Crypto Investor's Guides - CryptoPotato I hope it helps, GuerrillaBuzz Of course it is not too late to invest in bitcoin it is a matter of proper timing and readiness of the investor to invest and how well they can cope up with the risk they are about to face.
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Will Bitcoin continue to fall this year? After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year? What do you think fellas?
We still cannot say until when the downward movement will occur. But I am positive that bitcoin will rise again soon and let us keep on holding and wait patiently.
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What can you do with Bitcoins but can't do with Dollars?
What we can do with bitcoin is to hold it for a long time and it will earn a very good profit that is the characteristics that dollar do not have. The value of dollars do not increase that high actually stock up to its value.
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hello experts, Is it more profitable to Hold BTCBTC or buying a lower price and selling at higher? Thanks,
Holding and selling at a high rate are both profitable. A good strategy and target goal is needed if you prefer the trading and selling at a high market value. In holding you will just sit back and relax and wait for the market to boost up.
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That is really true there are network marketing are scam and others you will need a wide range of network to be able to recruit investors. In bitcoin we will just wait and invest no need to do so much effort.
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There are just couple of question I need some answering from people with enough experience in crypto.
Any particular tips on when to invest token when the prices are low? And how can one manage to hold the tokens even the prices are bleeding? Is there a specific time where one can pinpoint the best way to accumulate tokens?
Thanks for sharing your thoughts!
To cope up with the falling prices we just need to hold as simple as that nothing to do to manage you just need to sit down relax and wait for the market goes higher.
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Of course not Bitcoin will last for a long time. No one can really tell when will be the death or end of bitcoin. For as long as investors keep believing in bitcoin and other crypto currencies it will stay alive for a long time.
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Though the market turns red it doesn’t mean that it is already the end of crypto currencies because no one can predict when will it be the end. I can see an opportunity to invest during the red marks in the crypto currency market.
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