We might think that this thing is good, yes it is actually good but look on the other side, countries that are underdeveloped will be having a problem on accessing bitcoin. It might be good that my country will have this great way of transaction, but we can't make a quick change for the traditional and used way of other people in making transactions. But this is good, just think of a way that other countries will benefit despite the fact that they are not that much developed.
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Bitcoin has the ability to solve the world's problem, but it is still a problem on how the underdeveloped countries will be given a chance to access the thing that could bring wealth to most of the people in the world. People that have an ease of access with bitcoin can benefit from this kind of currency, however, people that has little to no access on it will still suffer as such they won't really feel the change that bitcoin may bring unless they will be given an access on it.
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That is natural, bitcoin goes down to that point in it's cycle. We can't stop that thing but what we can do is to buy bitcoin at this low price and sell it in a much higher price if ever it's market price increases. That is the only thing that we can do since we have to wait again for it to have a good market price that will give us a a lot of profit. Bitcoin's volatility is always like that, and it is really common for us to have that value.
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What's new with the increasing of the price of bitcoin? Last year, the increase that happened was really a lot and there is always a possibility that it will happen again this year and it might rise up higher than what happened last year. What we can do is to wait for it's market to rise so we can gain more income once we are able to sell our bitcoin in a high price in the future.
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Never buy bitcoin in a high price because you will not gain money when you sell it in a lower price. What you should do is to buy bitcoin in a lower price, then hold it and wait until the price goes high or it is in a good position to sell your bitcoin so you'll be able to gain a lot of income. Don't worry, it's price might be changing fast but is always recovers quickly from the loss that bitcoin has. The price of bitcoin will surely rise and fall, just be patient while waiting for it to grow.
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Never will bitcoin let you down when we are talking about it's recovery. We've been a witness on how it works and how fast it's market price increases and decreases in a short period of time. Bitcoin always recovers from it's loss and that is something that made it very reliable and a long-running crypto because it can always rise from a major downtrend that it experienced. Don't worry, it's volatility enables it to recover from the loss.
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Well while we are having this down market, we should always wait for bitcoin to regain from it's loss. Be patient enough so you'll gain more profit from selling your bitcoin. You could also buy bitcoin at this moment and wait for the price to rise again so you'll be able to gain when more money. Always keep in mind that you should always be patient when you are in this thing. Wait for the price to go up and wait for it to go down so you'll be able to sell and buy with the given situation respectively.
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If it would be possible for bitcoin to get lower than 5500, then start buying bitcoin. But if you think that it can no longer go lower than that, then buy it on the lowest price possible and wait for the price to rise again so you'll be able to sell it in a higher price for you to gain more income from what you bought in a low price. But don't expect bitcoin to get lower that 5K, accept the price of around 6K and buy bitcoin then sell it in a high price once it gets higher.
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If bitcoin has a high price and it starts to go down within a week, then you should sell it immediately because the price might get lower and you'll get a low profit if you'll only be selling it in a low price.That'll be a bad thing since you will not gain that much money because you sell it in a much lower price when it got really low.But if you can wait for it to rise again, then that would be much better for you since you'll gain more profit from that.
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Losing is always a part of a daily situation, you cannot prevent losing to come to you whatever technique or method you will use, having a loss is still a possible thing to happen which makes trading a bit more risky. Just wait for what you have to recover, since you've got nothing to do about it. If you can't take the loss that you got, then just stick on holding your bitcoin and wait for the price to go up so you'll gain a lot of money once you withdraw or sell yours.
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BTC right now is priced at $ 8794 on the chart I'm starting to see an improvement and there was a correction in cryptocurrency especially bitcoin, I think this time bitcoin is on the ascending trend, I also do not know how long a rising trend, probably until the end of the year and I hope so.
If that improvement shall continue then there will be a lot of opportunities for every bitcoin users. Bitcoin has a much greater ability to make the people working on it to gain more profit. However, we cannot say that bitcoin will stay like that for the whole year, it might rise up again or go down. We don't know when it goes down but we all know that possibilities that bitcoin has and the volatility that makes it special yet risky.
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There is no easy way to grow bitcoin, actually any way possible has it's particular skill requirements and knowledge requirements for you to be able to go further in what you are doing. For example, in joining a signature campaign, you'll be needing a lot of knowledge about bitcoin fro you to be able to have something to post. There is also a risk of scam when you are in a signature campaign, and that is the somehow risky thing about joining in that thing but it will give you a lot of income.
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Since bitcoin is quite popular, and with the hope of someday making bitcoin legal to most countries, the government needs to get money from bitcoin as well because you might be rich but your country is having now a sort of a hard time. But the risk of having tax for bitcoin is the abuse of the government, they might give a greater tax because bitcoin for a fact is really convenient to gain. But there's nothing bad about it.
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Because they know for a fact that bitcoin has the opportunity to have a greater value than what it has initially. A single bitcoin could give a lot of money to a company, then why not accept it then? If you want your company to succeed or to have more income or money then go and accept bitcoin, but do not just depend on btc, I mean, time will come that when you need money and bitcoin will have a lower value on what you needed. If you are investing in a big company and you need money when bitcoin is struggling, then you'll have a problem with that.
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It's a good thing that you want to use bitcoin in a good purpose, however, some banks might not agree to deposit your money to them if it came from bitcoin. Much better if you'll withdraw a certain amount and keep it somewhere safe so you'll have something to get in times of need. Just make sure that every time you sell bitcoins and you withdraw it, you'll be able to keep some for emergency purposes.
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Bitcoin solves the problem of poverty in some countries by giving them a big opportunity in gaining a lot of money whenever they get bitcoin. Bitcoin is a solution to world's poverty scene because it is an easy and convenient way to earn a lot of money without having a college degree, common sense and patience is what you just need here to survive.
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Of course, maybe it just happened that Bitcoin is in a lower market price these days but I can assure you that it will develop as time passes by. The market for bitcoin won't stay liike that forever, and I'm hoping that the banning of other government could be gone now so the market price of our beloved bitcoin will now rise.
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I don't, because I don't want them to depend so much on bitcoin. Even if I earn a lot from here, they should still focus on having a much stable job to sustain their daily needs. But having an investment for the whole family is quite good, but think first about having their own jobs because it will be much better if you'll let them explore the world even more, bit by just having the corrections.
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Time management is mostly necessary in everything that you are doing. If you will be posting in the forum or you'll do trading, then you should allot time for everything that you will do. Make sure that before you do something is that you are already settled with the other thing that you need to do. Because some of the things related to bitcoin has a particular cut off and you don't want to be pressured because of that.
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We can't say that "Hell yeah! I'm earning a lot in bitcoin, fck school!" Education is still much important compared to Bitcoin. If you can do both at the same time, that'll be a much better than quitting school for the sake of playing Bitcoin. Education is still the best thing that you can have, no one can steal the knowledge that you gain from school. If you can earn while studying, much better. You don't have to sacrifice one of those things for the sake of being focused on the other.
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