Because it is the most revolutionary invention since the start of mankind and being the early adopters will be set for life in near future. So yeah I think the best way to spend your time is learning about Bitcoin and earning them if you have a skill that could be monetized in this space.
Because bitcoin is the next big thing after internet maybe few people realized it now but soon enough all people will regret not having bitcoin when its the price is cheap still. Worldwide adoption is on going so time will tell when bitcoin will gets its true value. Spending time with bitcoin now is not a waste of time. We are investing in the future of the society or the world rather. All people spend so much time to bitcoin simply because they get profit from it or made a lot of fortune because of bitcoin. |
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This is as a consequence investing in Bitcoin, it was different form investing in gold, silver and other such real investment. The price of bitcoin is very fluctuative or volatile. Therefore, dealing investing in Bitcoin and other digital currencies should know and understand the fundamental of it, otherwise you will be regret later.
Lower class such bounty hunters or tokens hunters probably can not do or contribute much to make the price stable, because the price depends on the holders of Bitcoin itself. You will influence or make the price stable only when you hold it in huge number.
I think the only solution for bitcoin to be stable is for the world to accept it as a store value and as a currency. Bitcoin is volatile still maybe because its still on its early phase. So only a few of us in the world that is involved or invest in bitcoin or cryptocurrency as a whole. When all people start believing and accepting bitcoin thats the time the supply and the demand will reach its equilibrium and the volatility will subside and the price will become stable. But I dont think it will happen anytime soon maybe 5-10years from now it will happen. Crypto is in regulation phase in any part of the world right now. Worldwide adoption is on going so we just to wait for that time bitcoin become stable. |
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When market is falling all you need to do is take out your bitcoins from altcoins then wait for the bottom to buy more cheap altcoins. They say that its better to hodl altcoins when in bull market but take out all your bitcoins when its bear market. They have a fair point about that. Its better for our resources or assets to be safe than to wait for our hold coins to recover. Crypto still a speculation market so we never know what coin will survive in the end but I think this market is here to stay.
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I think the explanation why Ethereum go down to its bottom simply because many of its ICO sell thousands of Ethereum in order for their money to be safe because the market as a whole and bitcoin in particular is not stable right now. Soon when the market recover for the dump all coins especially the top 10 in the coin market cap will recover and skyrocket so before year end I think Ethereum will go up because we dont expect a 1 whole year that is red market when crypto is on world adoption.
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bitcoin is a digital currency... crypto currency is always risky because bitcoin price always up and dwon. I think people will be comfortable using BTC if the Price of it is stable but I don't think it will happen because crypto are really different from Fiat that's why not all people will use it or will be comfortable to use it.
People will get comfortable using Bitcoin as a currency or a store value when government regulate it and tell to the people thats its okay that bitcoin is a legitimate currency. Mass adoption is on going right now is this very moment people so the potential in it but majority of the people dont believe on it because they rely too much to the government information. If government approved it soon they will feel comfortable using bitcoin and soon price will get stable because of the demand. The high volatility is normal because its still early phase of cryptocurrency. |
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When bitcoin price skyrocket we all know that altcoin soon will follow. Bitcoin is the major responsible of the behavior of crypto market because we all know that bitcoin is the crypto king and the pioneer of blockchain technology. Bitcoin is the one that government and banks want to control and manipulate so that people will not believe in it. But bitcoin cannot be contain soon people will realize the capability that bitcoin will bring to society and to our financial system. Bitcoin soon will rise up once again  Believe me or else you will regret it later on. hehehe |
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If you want good profit and double the return immediately buy bitcoin then invest your bitcoin to altcoins that has huge potential. Double your bitcoin while the price of bitcoin is increasing is a so profitable. In my opinion the best altcoin right now is Genesis Vision $GVT because of its project that connect all financial market and you can invest in traders that can manage your portfolio that can bring passive income for you if you're not a trader yourself. $GVT has a lot of potential and i see this coin as top 10 next year |
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Gold and bitcoin are very good and very profitable investments, but in my opinion bitcoin for long-term investment is very good and promising because the longer the price of bitcoin will be more expensive.
and gold prices that are always stable but have value and cannot be like bitcoin are getting older and will be more expensive, but both are very good for investing.
I get your point on that but people will hold gold and bitcoin because of the upcoming 3rd bubble or crash. Many experts says that the stock market of u.s is due to correction even we dont know when we should do a precautionary measure so that we secure our assets and resources when that time comes and experts says that bitcoin and gold will be the safe haven for us because those two is good in storing value. Even we know that the 3rd crash is coming we cant stop it because its inevitable. So for us to be safe we need to hoard bitcoin and gold as of now.  |
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Yes there are still many people that are making their investments in some Crypto because they are still believing that Crypto can make a valuable profit even the current price of any cryto in the market are in the low price that's keep on holding and joining some good currency.
As we can see the market as a whole is going down, the market capitalization reach its all time low since last year. But the world wide adoption going on is a big help even we dont see it in the market behavior right now. Many countries regulating cryptocurrency in order to study it and use the technology behind it. This is good news for us even institutional investors planning to invest in crypto even we dont see it yet in the market chart. So we just have to be patient and next party will soon come. |
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You're not too late, bro. The price of cryptocurrency has fallen very sharply in this year's market, so I think this price is more suitable for investment. And I believe that the price of cryptocurrency will rise even higher in the future. Let's do it, don't wait more
The Bull run or the party will start when we least expect it. The market go down to its new bottom so I think its better to invest, invest, invest right now while the market is down because we never know when it will start pumping. And you will say that you're late ing the party. The next party is so big and it will give a lot of fortune for us so stay tune and hodl our horses. |
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As Warren Buffet stated "Be fearful when people are greedy, Be greedy when people are fearful". It means that dont go along with behavior of the people most of the time it can be dangerous in the end. Just like in December 2017, Bitcoin reach its all time high at 19k$ and people are so greedy that they think it will reach 30k$ by the end of January but soon after that bitcoin plunged down and go for correction. In my experience, My opinion is always take profit when you are still on profit because you never know when the market is not on your side. Dont wait for the peak because we dont know what is the peak. Just be greedy when the market is on its bottom.
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Over the years cryptocurrency has evolved into a global currency but governments are trying to sweep it's relevancy under the carpet. We all know that the eyes of the community are now opened to the importance and blockchain technology.
What baffles me is why are the government making lives difficult by banning or limiting it's use? Is it because it threatens the political power or are they scared it will improve the global economy or force the traditional banks to reduce their ridiculous interests rate which we have been robbed of for decades now.
What is your take on this and what do you think will make governmental bodies to finally accept crypto?
Governments is threatens simply because they are not the one who prints or make cryptocurrency. The people are the one who control it right now. Fiat money on the other hand controls and prints by goverments and banks. Even if they saw the blockchain technology potential they still want to ban it cause they scared that they cant manipulate cryptocurrency. They just want us to follow the same financial system that we have from wayback. They dont want us to adapt to the system that blockchain will bring. Change is inevitable so do Cryptocurrency. |
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Bitcoin will be the digital gold, Just like gold it will be good in storing value in the near future. But in terms of transferring of ownership bitcoin is much simpler and less cost of transactions. Gold is a precious metal and a good conductor of electricity maybe its time for us to simply use it and dont hoard it like we do because of its value. People believe that gold has good value in it and it go up in price overtime just like bitcoin in its 9 years of existing. If only the demand for gold switch to bitcoin the price of bitcoin will skyrocket.
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I think the best investment is not the investment that gives you a lot of passive income but the investment in yourself. Make time to improve yourself constantly (more knowledge and education, physical wellness and peace of mind). More than any investments the return in improving yourself is so huge that even success, money will follow you. Its okay even its a baby step only or your in a slow pacing in improving yourself as long as you know that you keep improving and learning. Nothing is impossible in achieving your goals and dreams.
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Crypto especially bitcoin help me a lot. I started here with nothing in my pocket and because of my hardwork and dedication doing trading, bounties,task, in exchange for crypto my life has really change.
Crypto helps us in a way that open a new opportunities that we can make money while doing investing in different cryptocurrencies, doing bounties help advertise ICO in return of their shares and doing trading like stocks and forex. A new door has open for us because of crypto. So when people say that crypto is a scam I just dont mind them because they dont know the capability that crypto will bring and how crypto touch our lives in a way that people dont know. |
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Many people or countries is so inclined in Fiat money so they want to ban the cryptocurrencies because they think it is a scam or another bubble but if you think fiat money is more of a scam than crypto. As you can see each year passed the value of the fiat money is decreasing. Banks and Governments dont want to support crypto because they cant control it like fiat money. As long as the people support and believe in crypto they will come a time that crypto as a whole will bloom and all of us will prosper.
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Because many families nowadays lack of knowledge in investing, making a good business or creating a good passive income. School system in our society dont teach broad financial literacy they just want us to be a employee of big corporation and work our ass out 9hrs a day. Many people think investing is like a gambling and they also want assurance always when they invest money to a certain things. The purchasing power of fiat money is decreasing when time passed so its better for us to make our money work for us not us working for money.
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Personally, what I am doing right now is hold my coins patiently. I have some Bitcoins and a few alt coins, with the current market, I think my best option os to really wait for the time, I still have a strong belief in my coins most especially Bitcoins, it can recover and I know it will. So by that time, I will be able to sell my coins on a much higher price for profit.
Same happen with me. I am better keep holding my coin and token because market movement looks not stable and can not predicted. I am beleive market will recovery and growing again but it need time longer Hodl my coin that has potential to become big when the market is stable and I think bullrun is coming soon so we need a lot of patience now. Its been a long ride of downtrend in these past 9 months already and I see a glimpse of hope in 3months that coming. Just hodl our horses and it will run wild soon. Panicking is not helping for us and if you think cutloss right now is a good thing maybe you can think again. |
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Because progress does not stand still and now is the time to enter the market !
The sad thing is that most investors will wait till the price has gone up significantly, the best time to buy is when it is dumping, abandoned, you make the best gains then You are right, but something that you must realize is that many of the people here are not professional traders, at best they have read a book or two about how to trade and they know the basics but when confronted with the reality of investing when the market is going down many people are not going to do it because they are afraid that they're going to lose their money. I think we dont need trading skills in order to be millionaire by 2025. Just invest 5k$ now in bitcoin just hodl it until 2025. based on the worldwide adoption going on and the booming of the cryptocurrency market. Bitcoin in 2025 will be more than 100k$ per piece. But if you only have 5k$ in your assets my advice is dont invest it all. Invest the money that you are willing to lose. Bitcoin has high risk and high return so the predictions of many experts is still on speculation. Before you invest research and gather information first. Dont invest because some people or your friends tell you that bitcoin is profitable. |
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One of the most common mistakes new traders usually do is that, they get to excited. that excitement can lead you to wrong decisions. Trading without stops may lead you to unlimited losses, that's why you have to know your maximum level of risk. We all make mistakes, but if you reflect on your past mistakes you'll be able not to repeat them again. There are a lot of factors that affect your trading, that's why a psychological self-test to see whether you are in a mood or not to start trading, would be really helpful every time before you decide to trade. Memory helps us learn from our successes and failures, that is the reason why keeping a diary of your trades will help you grow and become a better trader.
In trading, We need to put aside our emotions when we enter the trade because our emotions make us greedy at the same time fearful so we cant decide a proper strategy or execute well in middle of the trade. So before we enter the trade be sure that our emotions is intact and our system or strategy is need to follow. We dont need one big profits and lose 5 times in a row after. We need consistent winning profit even its small profit. Mastering trading is good source of income and can give you financial freedom. |
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