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We cant deny the fact that there are those people who have been believers of bitcoin before but now doesnt anymore.
And we cant blame them because there have been so many factors that has affected the credibility of bitcoin.
But no matter what people like me will always be there for bitcoin
A strong believer no matter what happens.
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Bitcoin indeed has undergone a lot of improvement in the past by means of new big investors coming in.
But we also cant deny the fact that there are also those peoe which continuously uses bitcoin in order to take advantage over others ignorance or decisiveness.
Hence the fear and hate for bitcoin will always bethere as long there are those kind of people.
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I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
in a way holding bitcoin can somewhat indeed be one of the solution in the price drop. but since this isn't possible to happen due to the fact that we can't control the decisions of every bitcoin holder then what we can do better is to continuously promote cryptocurrency to those who doesn't have idea or has reservations against it. more users will create ore demand - and more demand will only mean higher prices  |
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high risk investments do indeed gives us the possibility of reaping higher rewards. but nevertheless engagement in cryptocurrency must be properly approached by newcomers. they must first realize that they really needed to do their own intensive research in order to prevent possible huge losses. study in order to minimize the risk |
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Time will come that we cannot deny the importance of bitcoin anymore and it can truly be called as treasure already.
But as of now we can just dream about it be ause there are so many people who are still against it.
We must first convince them about the significance of bitcoin.
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there may really be whales out there.
and they could indeed create an effect in the market price.
but i don't it is enough to say that they can control the market because of that.
what truly worries me is when people with lesser confidence see this sway in price and will begin fearing of losing their assets.
which will then result for them to sell what they have, which will in turn further decrease the market price....
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Anytime i see some members of this forum asking "Is Bitcoin dead"?, or "Is this the fall of bitcoin" i just become speechless because it is so shocking to hear that within just six months when bitcoin improved the financial status of people last year without any hard sweating people have forgotten about it so soon. I now understand the saying that "Men forgets easily". Well i can't really blame them but I know the few Real Crypto Enthusiasts like myself still believe in BITCOIN and we are going to keep investing in it because we know that the its value will rise with time.
We cant deny the fact there are a lot of those peoe in bitcoin community who have joined simply becuase of the hype. They came in thinking that bitcoin is an easy source of money and jumped in without clearly analysing what is ahead for them. Now when the market shows proof of falling they also instantly withdraw thinking that it could go even deeper. |
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aw.... you hit me on most of your points LOL not only cmc is in my favorite tabs... but a lot of other cryptocurrency related sites are now saved in there. i also like to talk about crypto especially to those newcomers who really wanted to know more about it. |
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for me as long as i have a full access to my own private key then i am confident that it will be protected. bitcoin wallets not matter what type it is will be safe depending on how good you are in protecting it. that is why once i got my private keys i am instantly saving it in an external device only to be used when i need to. i also make a print out of it for safekeeping purposes. |
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that is why i always say to others especially to cryptocurrency beginners that your wallets will only be safe depending on how you secure it.
we cannot blame anyone if our assets are loss due to our own mistakes.
we must be careful in every step that we make.
it is only us that can keep our wallets safe
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its one of the basic rule not only in cryptocurrency but also in other investments in general. because no matter how successful others are with regards to cryptocurrency investment. it will still not be a guarantee that everyone will experience the same. keep something for yourself especially for emergency situations. |
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i don't see any problem with politicians holding bitcoin or any other cryptocurrency for that matter. as long as that investment came from a legal means then so be it. and for me i also don't care whether they will make it a public knowledge or not. |
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not believing when i first heard about it. i was honestly skeptical about it especially since it involves money. but i am also thankful because of that i made a lot of effort in order to learn more about it. therefore helping me with every steps i take and keeping me away from scams... |
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Curiosity surrounds the world of Bitcoin, that's for sure. But if you were to be asked to introduce Bitcoin to someone who knows nothing about it, how would you do it? What approach will you take?
first the person whom you wanted to teach cryptocurrency must have the endeavors or interest to understand it. because no matter how you teach him/her if she doesn't want to learn then all of your efforts will go to waste. on my part i am simply telling them the basics and do not encourage them to join in instantly in order to avoid regrets in the future. let them decide if they wanted to pursue or not. |
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Hi I just got some extra money and I'm looking to invest, I want to invest in BTC but the price is too high for me, what do you think will be the next BTC
one you can buy low and make a good profit when it burst?
we really can't that bitcoin price is too high for anybody. because no matter what the price is an individual can purchase a certain amount of it. just make sure that you really want to do it and won't regret your decisions the moment you see a drop in the price. |
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before anyone will enter into cryptocurrency he/she must only do it because they were able to obtain substantial amount of knowledge before engaging on it. a person must enter into cryptocurrency simply because they heard or seen someone gaining a lot from it. they must take into considerations that this people were able to do it because they did a good decision making. we must be able to think properly before making any decisions in order to avoid any regrets in the future. |
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bitcoin is at the top simply because it has been the pioneering face of cryptocurrency.
people trust it than any other coins or token out because it has proven itself for a very long time now.
bitcoin in itself can be called as hack proof.
the thing we needed to look upon is how well do we protect it form others and the management of exchanges we use.
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Cryptocurrency's materialization has been a great venue for illegal doings even from the start.
Especially since perpetrators can always hide their identities through blockchain technology.
That is why it may be sad to say but it is a reality and we cant deny the fact that cryptocurrency can and will always be used for illegal acts.
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it may be hard to accept that the anonymity that bitcoin boast is also the one that brings in illegal activities into it. but we cant do anything about it, all we can do is accept the fact the there are cases wherein this kind of situation exist. as for me i can live with it, as long as i know that i am not using it for any illegal acts then it will always be good for me.. |
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whenever i see people get involved in this kind of system i can think of only few things why they joined. some of which are: 1. they see it as a easy source of money. 2. ignorance - some of this individuals are new to crypto and they instantly jump on the opportunity without researching deeper into it. 3. risk takers - we can't deny the fact that there are those who know from the start that it is a scam but they still want to take risk by gaining early and exiting early.. |
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