Is it the right time to get into mining? The market has crashed and bitcoin is at its lowest, but the miner prices have fallen too. Would it be profitable to start mining with these low miner prices in the long term? What do you guys think?
In bear market some issues should affect Mining, electricity, oil and gas. If you are a citizen of any country like Canada, Saudi Arabia, Iran, Iraq, Nigeria, Russia, etc. then oil should not be a problem for you. Moreover, mining in this down market will bring less profit. However, if you are located in an electricity rich country then the mining cost will be less for you. In this case you will not have any problem to get profit despite the down market. With the recent rise in commodity prices, including the rise of fuel prices, it naturally say that mining will not be profitable at this time. Because of the high cost of the equipment required for mining and the rise in electricity costs will certainly not be profitable. According to 2019 report by the Congressional Research Service, the power we get for one ASIC can use the same amount of power as half a million PlayStation 3 devices. As a result, the cost will naturally increase manifold. As the difficulty and complexity of Bitcoin mining increases at the same time need more computing power. When Bitcoin is bullish, it becomes very difficult to take profits from it. In that case, the current price of Bitcoin is about 75 percent lower than the peak value, so how is it possible to continue mining operations in a bearish market? I think no one wants to take such a big risk. https://www.bankrate.com/investing/what-is-bitcoin-mining/ |
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Although the price increase on some coins in recent days has increased again, but I am not sure that the bear market will end soon, because for now there are still many things that must be completed by the platform to recover the price of coins that have fallen dramatically, so do not rush to feel relieved by the current price increase, and we can see the experience we feel for the previous year the market situation can grow up to 4 years long so now I don't think it's time to feel the bear market is over yet.
Bitcoin has seen positive behavior in recent times. But that doesn't signal the end of the bear market. Actually i am not concerned with either bear or bullish trends. Because i still haven't finished buy as i hoped. I am trying to increase my holding by doing some things using DCA method. Due to which i have no interest in the ups and downs of Bitcoin. I will be satisfied when I can organize the portfolio to the best of my ability. I know bitcoin won't stay the way it is. I am not worried about the present time. I am trying to create a position where i can achieve my goals in the next 4-5 years. Which can refrain me form anxiety. I have no short term thoughts on Bitcoin. After all, as the current market is in dip, i might be able to see some uptrend movement of Bitcoin soon but that will not recognize the sign of ending bitcoin bearish period. |
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But the picture of the game changed completely when Ashwin and Shreyas Iyer took control of the game. In other words, these two batsmen took India from complete defeat to the port of victory. Anyway Bangladesh won the ODI series but India won the Test series.
If we look at the Test rankings, Bangladesh is not in a very good position. Moreover, I wrote in a post long ago that Bangladesh Test cricket players do not have the strength of mind and patience to play. Bangladesh will have to field a separate squad for the Test. Talented cricketers with thoughtful taste should be given place here. Moreover, you have a different request to the selectors of Bangladesh in a slightly different manner in Test cricket. Otherwise Bangladesh will lose the status of Test cricket.
The Indian team was in trouble after losing four wickets at the start of batting on the third day. Even though only 100 runs are required, scoring those runs on the Mirpur pitch will be a tough challenge for them. At that time Rishabh Pant and Shreyas Iyer are waiting to get down. But it was not possible to say with confidence that India will win this match. At the start of today's game, the equation was Bangladesh needed 6 wickets while India needed 100 runs. Bangladesh increased the chances of winning by 3 wickets in 7 overs in the morning. But Ravichandran Ashwin and Shreyas Iyer stood in the way. 71 runs in an unbroken eighth-wicket partnership, India's highest partnership for that wicket against Bangladesh in any innings. Ashwin, who got life by 1 run, remained unbeaten on 42 runs, India won by 3 wickets. This is India's win against Bangladesh by the smallest margin batting in the fourth innings. |
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It is true that all these ideas remain within those new traders who have made some profits for a short period of time. But in my opinion trading or future trading whatever you say is not that easy there is many things you have to learn before starting trading professional technical analysis,. Chart reading etc. But now I have seen many people who were coming into trading from the greedyness without any knowledge about trading and losing fund. I think this is one of the main cause or using money.
However, I will mention another reason that stands up to the Knowable Trader also and that is not following the strategy or breaking the strategy out of greed, many times it has been seen that the entire fund has disappeared while waiting for just a few dollars more profit in futures trading. I would call this part of OP's psychological statement because here we cannot control our emotions. Future trading is very risky unknowingly and knowingly people are making mistakes here so I would say following the OP's mentioned statements can be of some benefit if you want to do future trading. It is said that trading business is a playground where one has to play with intelligence, prudence, experience and patience etc. And when it comes to futures trading, it is naturally necessary to acquire proper knowledge on all the mentioned topics. One of the most common mistakes for future trader is lack of proper knowledge. A futures trader should have a good idea of his trading leverage and his tradable balance. He should also have adequate knowledge about the asset he is looking to trade. Moreover, the market trend is also an important factor. A futures trader must focus on a specific asset. A focus on multi-currency must be abandoned. It is very important to analyze everything patiently before taking any trade. Most traders unknowingly go into futures trading without doing any research, which often leads to liquidation of assets. |
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When I read the comment section of any news article about crypto, its mostly people calling a ponzi scheme, a scam, do not invest.
There is so much negativity to crypto out there right now, especially with FTX, that its hard to see how 16K a bitcoin price can even hold. Most people that know nothing about bitcoin and how it works, but keep talking about the FTX scam and the fake monopoly money, the Ponzi scheme, I'm sure you heard it all.
In order to sustain these high 16K prices, high when you consider bitcoins were so much cheaper just a short time ago in the past, you will need a lot of people buying it and becoming interested in it.
I own close to 2 bitcoin now, purchased in the last few months so I'm under water on my investment, and am worried that bitcoin has run its course and now its just all downhill from here. I slowed up my bitcoin buying at this point because I see all the negativity out there.
I may purchase more at 10K though as that is what most people think we are heading to, even on this forum.
To sum up my point here, everyone hates bitcoin and crypto right now and I don't see it changing. I've never seen more negativity and FTX made everything a lot worse.
There are huge differences between Bitcoin and altcoins. The major difference between them is that one is decentralized and the other all centralized. New projects are being added to this cryptocurrency market every day. There some projects cannot survive in the market and ্get dead or scammed. t It is natural for investors to lose confidence when big projects like Luna or FTX are scammed. But the good thing here is that the mistakes of the project owners who are making mistakes are being reflected and many people can learn from those mistakes in the future. Now not only the projects are being identified what are the weakness, but also the investors are becoming aware. While it may harm you temporarily, it will have a good effect in the long run. Bitcoin price is currently $16700-$16800. It is believed that the price may fall further but it can be profitable to invest by following the DCA method. If the global situation improve next year, we will see a big bullish trend of Bitcoin. |
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When a man gets married to a woman to become husband and wife, they become one and everyone expects that they can get to share everything with each other. I know of women who have the passwords to their husbands bank cards and they can make withdrawals on his behalf. I will like to ask the Men here if they have shared their seed phrase with their wife's? I will like to ask the women here how they will feel if their husbands refuse telling them their seed phrase?
Husband and wife complement each other. So we usually see that the closest thing to a husband is his wife. But not everyone is the same in this position. I have seen some people who after 10 years of marriage still do not fully trust each other. Although they generally have trust but they don't dare to give the wallet seed phrase. There are sufficient reasons for this. Nowadays you will notice that the trend of divorce is much higher. There are many examples of divorces after being together for an era. So how can you share wallet face? But if there is 100% trust in both of them then there is no problem even if they give everything. Both husband and wife can understand how much he or she would be trusted. So, if you find someone suitable, you must share him/her the seed phrase or other important password. |
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People actually claim to be strong holders that can go against any situation wanting them to sell off some of their bitcoins. The strongest of holders do not just sell at the slightest economic discomfort I know, but I believe everybody has a threshold at which if the pressure surpasses them, they would break into the decision of selling some of their bitcoins to sort the present condition. What kind of situation do you think is enough to pressure you in seeling some of the bitcoins you have been holding. Is family or health challenge enough reason to?
 "Hold" is a very familiar word to us. Everyone who works with cryptocurrency knows this term. But no matter how easy the word hold is, actually holding is a very difficult task. When a trader or holder starts holding, there is an invisible pressure on him. But while those who financially independent are different, there will be a lot of pressure on others. There are certain circumstances that will force you to sell your assets, including if a holder sells for family health reasons apart from such problems if some people buy asset with borrowed money but if its price falls he can no longer take the risk then such a situation can force him to sell. But strong holders can never sell their holdings in any adverse situation. |
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I don't know why this is allowed. A few people post the exact texts and putting a source link makes them a legal post here which sounds too funny to me. If the OP of the post puts no effort at all and don't put some words from their own, I don't think it should be allowed. If I'm correct, there were few discussion on it but never got the attention from theymos or theynos never considered to review the rules.
The rules are back-dated. If I'm correct, it was allowed so that people can share news and continue the discussion while these days, people are abusing the rules most of the time.
Direct copying from an article to discuss a topic is not acceptable. Also, i realize that directly copying those words and providing the source link is also the same crime. Just note or analyzed: one steals and keeps the information secret and the other steals the information saying that he stoles from the mentioned links. One theft is concealed another is revealing where the theft is take place. In my sense both are equal crimes. If someone provides a source link i would certainly agree with you that at least one should apply their own knowledge. I think copying the same and validating it with a source link is absurd which should be prohibited. But if it has legal validity then some users will try to abuse it. The concerned member of this forum should take initiatives on this regard. |
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This year, October 31st was Halloween Day. Pumpkin Carving Contest was organized by Bitcoin Forum on that Halloween day. Many people participated in that contest and based on their work many got many merits. If you participate in all those events, you won't have to wait long to get high ranks. I myself participated in that pumpkin carving contest and got more than one hundred merits. And ready myself to participate in doing better things in the future.
Many Bitcointalk user increase up their rank after joining in this contest 🎃[ANN] Bitcointalk Bitcoin Pumpkin Carving Contest🎃] and I hope you have recommendation all contest link here have contribution with merit points. Indeed have quality post, I think with several contest participants could be easy way how can increase up our level in Bitcointalk, maybe you know what the next contest in this forum and seems Pizza art contest could be alternative trough many merit sending or receiving, could you give me next contest coming? After a few days Pizza Day will come and I myself will participate in this competition. And other brothers who are there will participate in the competition because there is much to be learned. Because you'll definitely know why Pizza Day is here, and invite yourself or someone else to celebrate. Because if you take yourself to different competitions, you will definitely learn a lot. Legend members of the forum organize special day celebrations to cheer up the community on certain special days. They have various events like Pumpkin Carving Contest, Pizza Day and Art Contest. In which through participation, members from the junior ranks to the highest ranked join the contest, which is considered a good opportunity to rank up as well as get a chance to show their talent. However, these contests cannot be called regular. As per my knowledge Pumpkin Carving Contest is celebrated for the first time while Pizza Day is celebrated once. No announcement has been made as to whether these events will be held next year. However, since these are annual events, it is hoped that perhaps they continue to celebrate these events. |
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I am shock to learn that you suffered from serious health problem that would never have been known if it hadn't been revealed. I really can't contain my emotions by knowing about your condition. No one but the Lord knows how many problems people have to face in the world. But you have been hiding this fact for a long time. Even though you were suddenly seen on the forums, you were mostly silent.
Truly say, God gives more pain to whom he loves more. I know you as an honest devotee of the forum. I have never seen you but for your honesty and loyalty not only me but all the old members of the forum know about you directly and indirectly.
I pray that you will recover soon. Don't get nervous. Any danger will be fixed by God's grace. Wishing you all the best. Hope God heals your physical illness with everyone's prayers. May you live long and stay with us. Request to share your health status regularly.
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I reported the 3 remaining threads including the thread opened by hilariousandco which is a global mod by himself to close the topic thread since the event has ended and there's no reason to keep it open. I agree to keep the other thread opened "After the 2022 World Cup" since it's different topic now.
Well, let's see.
I haven't even paid the winners out yet so I'm not going to lock it until that's done as people would just panic , but I don't think any thread regarding a major world tournament needs to be locked two days after it finishes. There's still a lot that can be discussed right now so until discussion dies down I don't think they should be locked. All it would do is force people to post elsewhere anyway so it's not like it solves any problem either. Exactly, I don't know why these world cup threads are the major problem, world just finished and someone is asking to lock thread, so that means there will be no discussion on the just concluded world cup again? And I also see there is new thread created for the After the world cup tournament to discuss the events in the world cup tournament which can be discussed in the old threads. This is a conspiracy... anything that can be discussed in the new thread can even more discussable in the old threads. Those who reported those threads to be locked including the African Football Thread, I don't think they understand football. Why other clubs side threads are open? When the world cup tournament was going on, other football threads were open for discussion why the world cup and African football threads are different. This morning I wanted to comment on Mbappe football brief history in the African thread, but only for me to see that, it is locked. I am missing something here, please some should tell me more.When a new thread is opened for a specific tournament, the thread is usually locked after that tournament ends. Because there will be no new meaningful discussion. But we must not forget that the World Cup football has just ended. There will be different types of meaningful discussions and information about World Cup 2022. To those who asked to lock the thread I would point out that locking it after 2 weeks would have been very effective. But I think it is not very logical to close the football world cup thread and open "After the world cup tournament" again. Which is just changing the heading. Discussions that could be done in previous tropics. I wouldn't call it a conspiracy but those who are complaining need to think about it deeply. I hope that the moderators of the forum are also prudent enough to take appropriate decisions before considering the fact. |
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5th T20 India Women vs Australia Women Australia Women came out to bat in this match of two teams. They scored 57 runs in 8 overs. But Australia Women lost 3 wickets. India Women started to perform well in bowling. Shafali Verma of India Women said. 1 over bowled and took 1 wicket with 8 runs. Australia Women could not score very good runs in batting. But if Australia Women can score like 140 runs then Australia Women will have a big chance to win. Indian women managed to pick up a few crucial wickets this time, but Australia looks set for a big total, probably in the range of 160-180. Australia are at 84/4 after 12 overs, with Grace Harris and Ashleigh Gardner at crease. Indian bowlers were economical today, with the exception of Deepti Sharma. Renuka Singh bowled well, although she failed to get any wickets. The outcome of this match doesn't hold much significance, since Australia is already up by 3-1. But even a 3-2 result would be good for the Indian women, as it would boost their morale. The India women's team kept Australia in control at the beginning. But after 10 overs, the Australian team started aggressive batting. Both the new batsmen are set on the pitch. Grace Harris and Ashleigh Gardner perform brilliantly. Grace Harris is the top scorer in today's match with 41 runs off 21 balls. Along with Ashleigh Gardner who is also unbeaten on 30 off 18 balls. Looking at the style of play, it looks like India might lose today's match by a big scoring margin. Australia scored 148 in 16 overs. Total 200 runs in the remaining 4 overs is easy very easy task for them. Today the last match of the series may be India will be able to chase a big score. |
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Hello everyone I am very excited today as finally my boss has agreed to pay in Bitcoin. After losing at my first attempt in Cryptocurrency as I thought that wealth falls like rain here I was brought back to reality with losses I got a little job on the side although a small amount paying job I think it is okay for me and I can get back on my feet.
Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.
Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.
Congratulations, your boss has cleared you after much procrastination. Whatever your monthly salary is that doesn't fact, whenever you got it in bitcoins, were excited to receive it. And no one can measure about your happiness except you. But it has to be said that Bitcoin is working smoothly in this regard. Acting as a new mode of payment. Day by day its scope is getting bigger. Maybe in a few days, the various institutions or industries around the world will be paying in Bitcoin instead of paying in fiat currency. Basically new generation will continue in this trend. I believe that in the next few years Bitcoin will be an alternative to all kinds of payments activities. |
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There is a new practice among crypto exchanges to charge its users if they are inactive on the exchange. Some f the examples are
1) Zebpay: It is an Indian exchange that charges some fees from users if they have not done any trade in any month. It is still having this rule on the platform.
2)Bitstamp: Another exchange which added this rule was Bitstamp. It planned to charge 10 euros ($10.27) per month for inactive accounts.
Personally, I am against these charges and it affects the rate of crypto adoption. It discourages people from starting to use crypto. What is your opinion about this practice ?
Crypto exchanges are usually get some commission from the active users which are considered of their profit. But when a user does not do any trade or transaction on an exchange for a long time i.e. is inactive, there is no benefit to that exchange. As a result, some of the mentioned exchangers have imposed additional charges on inactive users. While these rules are good for them, no one will support them as an investor. Because the number of crypto exchangers are huge. Moreover, when the big exchanges are providing users with free benefits, it is not a very good initiative for some relatively unknown exchangers to take such a step, even it will bring back a negative attitude towards that crypto exchange. I personally would never support of such charges. |
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We have to be careful if we want to recommend bitcoin, never give the picture that investing in bitcoin is definitely a big profit in a short time, many newbies are trapped with promises of profit because of investing in bitcoin, of course it takes a lot of factors that can make us profit but it's better to just introduce, and of course, give an illustration that bitcoin prices can drop significantly so they can lose money.
Cryptocurrencies are generally volatile in nature. So proper timing for the investment is not quite an easy task. However, there are some moments when the investment environment is relatively more favorable than others. With any other investment, cryptocurrency buyers should be aware of their risk tolerance and market conditions. A world is often heard that the best time to buy cryptocurrency whenever you are ready to start investing. You should not invest more than the amount you are willing to lose. And should remember the rule of dollar-cost averaging. The price per Bitcoin is now $16720 which was 69000 last year. It is down about 75 percent from that position. Moreover, the bullish trend of Bitcoin is usually seen towards the end of every year. Bitcoin has been bearish for almost too long and now seems to be the perfect time to turn bullish. Considering the above factors we can recommend our friends or acquaintances to invest in Bitcoin. |
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I don't know if it was the best World Cup final match of all time but it was definitely a pleasure to watch. At least for someone who wasn't an Argentina or France fan. Their fans probably pulled all their hair out but for the rest of us it was a great game in which France managed to come back two times, but Argentina was better in penalties. Overall I think that Argentina deserved the gold medal because they really showed great performance in the World Cup.
It was a great final indeed and I think one of the toughest world cup finals in recent years. Argentina and France almost have same kind of strength in that game, having both teams played draws in both at the end of the 90 mins and the extra time too was something I found very interesting. Nice having seen Argentina come out victoriously at last, it was a deserve victory. A final match like this may never have been seen in the history of football. Every football fan was enthralled by the game. When neither team could beat their opponent, the outcome was decided in Tiebreaker. Many football fans have been exposed to the victory of their favorite team. Not only that, Argentina's once successful player Batistuta also cried tears of joy. 36 years have passed since the 1986 Mexico World Cup. Argentina have gone to the World Cup with the aim of winning the title every time but have not succeeded. Even Lionel Messi played in four World Cups but did not win. The World Cup turned out to be a curse for Argentina. Hard work, perseverance and effort go in vain. Finally Argentina won the World Cup 2022. |
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In recent times, especially after the fall of FTX, there has been a lot of scare about exchangers. FTX is one of the remarkable exchangers. When such institutions go bankrupt, it is natural for investors to lose confidence in almost all exchanges, including Binance. Already we are seeing some big investors withdrawing their assets from the exchange. If this situation does not improve, the number of investors will continue to decrease and the exchanges will be in danger.
There are some executives at several major crypto firms do not think Binance is headed for bankruptcy. They believe that Binance is still very strong. They say Binance holds large stores of bitcoins and liquid assets. As a result, it would be wrong to call it on the verge of bankruptcy. Moreover, Binance owner Changpeng Zhao himself said that Binance has the power to overcome any crypto winter. Consequently it goes without saying that Binance is still a strong exchange.
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After the FTX crash a few days ago, a news is spreading that it is not safe to hold assets on any centralized exchange. I personally think so. It is certainly not safe, especially for those who hold large amounts of assets in any exchange platform. Those investors should keep their assets in a safe wallet of their choice. However, recently Binance CEO Changpeng Zhao, the owner of a large crypto exchange, gave a different message in which he does not consider the assets kept in their personal wallets from the exchange to be safe. He thinks many of those keeping crypto in their wallets will lose money for security reasons. He thinks most people won't be able to back up their security keys. Users are at risk of losing their device and backups will not have proper encryption. They might write it down on a piece of paper and someone else will see it and they'll steal those funds. He also said that if a person dies, they have no way to give to their next of kin. Although we have a standard operating procedure. I realized that his thought in this regard is true. Everything related to key or phrase or password depends on himself. If there is any deficiency, it is natural to lose his wealth. https://decrypt.co/117214/99-people-will-lose-crypto-storing-self-custody-binance-ceo-changpeng-zhao |
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Argentina and France ready for the final. After 3 decades, as Argentina has the opportunity to win the World Cup, France has the opportunity to win the World Cup twice in a row. Before that, only Italy and Brazil won the World Cup twice in a row. This World Cup is special for Argentina. Because of course this is Messi's last World Cup. Experts believe that Argentina will win the World Cup in the form they are in. Lionel Messi gave a special message before today's mega match.
Messi posted a photo on Saturday. He is seen kneeling in the stadium. Fixing the socks with one hand and holding the World Cup ball in front of him. He wrote in the caption, 'I am ready. Come on Argentina.' But Messi's post was an advertising post. It was an ad shoot for Argentinian jersey manufacturer Adidas. Anyway, now is the time to move forward. Argentina will enter the field today hoping to make new history.
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Well as a strong believer and investor in Bitcoin my strong hands are currently still buying it. I am also talking about Bitcoin as a solid investment opportunity to people I meet and know that are not already familiar and invested in it already.
I tend to talk about it quite a bit with other people. When you feel as strongly about crypto as I do, you want to discuss it and it just comes up naturally. For example, when I go out to a social gathering there’s a good chance I will bring it up with people and hear their opinions.
I tell them it is so easy to install tBinance and Coinbase on your phone they do it right in front of me.
Maybe you are a strong hand to buy and buy Bitcoin, but sometimes we forget to give directions to those who don't understand how to use it, many of the common people often lose or also transfer their Bitcoin to an address where it shouldn't be sent, and many experienced players only give them a little knowledge, even just telling them to download an application that they don't know at all, at least we can teach them how to use it first so they can understand the ins and outs of bitcoin, not just telling them to download the Binance and Coinbase applications, according to I think it's not too important for new users, but it's different if we ask those who already understand or understand the ins and outs of using bitcoin. For those who are new, there are a few things to consider about before buying Bitcoin. Whether they buy bitcoins and keep them in a proper wallet, whether they have the right keys, overall security issues should be of utmost importance to a bitcoin buyer. I realize the best time to buy Bitcoin is when I can afford to buy it. Bitcoin is volatile so its nature makes many investors uneasy but real investors are not afraid of it. Rather, they try to retain it when it comes under their control. Currently Bitcoin price is $16700. Even many are confused that the market dump more? The market can behave differently at any time but in order to profit from Bitcoin, one must buy Bitcoin with his expected range. By using the DCA method, you will be able to control the volatility of your investments and avoid the roller coaster ride. I don't want to encourage anyone with Bitcoin. But right decision at right time is definitely needed. Finally i jsut utter that it is best to invest as much as you are willing to lose. Given the current Bitcoin price and position, I think investing in Bitcoin at this time is the most appropriate. |
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