How come that the bitcoin is not a user friendly if this bitcoin that we are talking about can be used by everyone in which everyone has the chance to use and buy it. Bitcoin is not only for the rich but it can be affordable also for the poor because they can buy a small amount of satoshi in order to invest or acquire a bitcoin. This is user-friendly in which the users of bitcoin can have an access to it without any hassle or problem.
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That's right, bitcoin is for holders especially for investments. Holding bitcoin and other cryptocurrency is for investments and holding because if you hold and invest your money to the cryptocurrency as we know that this is a volatile way of investment where your money can double as time passes by but don't you ever compare it to other investments like real estate that after a few years your money will be instantly double because cryptocurrency focuses on the liquidation of the market.
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It seems 2 years didn't teach you in this space, because you still think XRP has a great potential. If you looking for pump and dump coins, you're somewhat like doing gambling in cryptocurrency because for sure no one knows which coins will bring x10 x100 in the future.
Bitcoin is a good crypto for long term investment.
That's right, in cryptocurrency you didn't know on how or what coin will pump up or will go x10 and it is like you are gambling in the market but for me it is not a form of gambling because it is a form of investing where you are risking your money and waiting for the perfect time to withdraw it. It is a long journey for a long term investment but trust me it will always worth the wait.
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Guys, of course I understand that Elon Musk is a very cool dude, but there's too much of him here now. I don't know about you, but I'm already very bored reading bitcoin discussions, where almost every third topic is about this "respected" man. It seems to me that the more we write about him here, the more I become uninterested in reading bitcoin discussions. I suggest that, at the very least, we create a separate topic about Elon Musk. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) Obviously we are literally bored today especially reading tweets and news about Elon Musk and saying that the Tesla has the diamond hands. I'm very tired of this thing! At the same time, Elon is getting hype the market and coins that doesn't have any purpose in the market. We can just let him and his fellow followers to follow him and ride the hype that he is creating but we all know what would be the result of this market after all.
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This is probably one of the bad decisions that people are making. Depending on other person your investment is really a bad idea because before you invest you are the one who will be able to find and do your own research in order for you to learn on where you should invest because at the end of the day the person you will trust is always yourself and at the end of the day it is your own money and you must be the one who will decide on where you should invest it.
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Bitcoin failed as a Money? Of course not mate. Bitcoin is a digital currency in which it hqs a real value that is volatile. Bitcoin is used for investing and also for something you want to buy via bitcoin or make transactions, but the thing is that are you really willing to used your bitcoin if you have some? Even though you know that it is the number 1 leading cryptocurrency all over the world? Of course not you will just hold it and make it as an investment rather than using it for a daily transaction or purposes. Just like what others says, you can use altcoin if you want to make transactions or buy things using cryptocurrency.
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Obviously your portfolio will down man due to the suddenly crash of the market on the past few days. Many of us are affected here and I feel your side man because the story of yours are almost the same as mine. I go into my province and due to that there's no signal there during the market crash and after that going back to the house that I've used to live upon checking my ports I've already down for almost 5% of all of my asset. Better if we just hold it and wait until the market recover mate.
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Every crash of the market is an opportunity for anyone or someone who wants to enter the cryptocurrency. Due to the market crash, people may enter to the market as they will not be suffer on a huge gas fees and also they will experience the down of the market then when they enter the down market eventually they will be the one to get their first profit. While the others thinks that the down of the market is not opportunity because they are just thinking that the market will just continue and continue to dump unlike with the others who have the faith and patience.
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To be honest, the real reason why I got into bitcoin is because of my friends who introduced me what bitcoin is and what bitcoin is all about. But initially the main reason why I wanted to enter in this environment is because of money and most of us is because of this reason. One of the main problem of the people is money and they are seeking for an environment in which they will be able to earn money. And that's the real reason why people are getting into bitcoin or cryptocurrency.
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I've would like to congratulate you for realizing that very good idea. Stop being a follower of Elon Musk and Saylor. Go and become a individual in following and chasing your dreams. Don't let anyone dictate you just like what this two are doing. They are the one who are dictating and indicating the price of some coins in the market. Just like for example Elon, he is the one who dictate and mark the price of dogecoin that's why it become so hype in the past months.
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There's no new here, we clearly see how China to ban bitcoin mining way back before and another one is that China also bans bitcoin transactions in their country so this news is nothing new anymore but as we are having this bad news to the crypto industry it also affects on the market situation in which this news goes along with the sudden crash of the market and I think that this is also another factor why the market is currently crashing right now.
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In my past years here in the cryptocurrency in which I've encounter so much bull run and even bear market I didn't manage to quit in cryptocurrency because I've already earning here and even there is a bull run we are still earning very well but it is vice versa when the market becomes bear in which it almost of us will experience an hard loss. Due to this experiences that I've made I didn't consider myself on quitting after this bullrun especially now that we are entering in the bear market situation.
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Being one of the famous personality around the world, Elon Musk is using his tweets to pump up the doge coin. I can't say that he can dump bitcoin alone with his tweets because there are other big players involve in it too but for dogecoin, he is single handly pumping with his tweets. But this cannot continue forever. Sooner or later, his tweet will have no effect on the prices. I wonder when that time will come ?
To be honest, Elon Musk was really a famous person around the world and we clearly see on how he manipulate the dogecoin just by his own tweets and as we noticed due to the market crash it affects the value of bitcoin in which the bitcoin dumps so hard but I am agreeing with your thoughts that even though Elon Musk will tweet about bitcoin, it may not affect it because we all know that there are a lot of bigger people in bitcoin who has a lot of holdings than Elon so this means that even he tweets about bitcoin it may have an little effect on the price but not totally he can manipulate the value of bitcoin.
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I don't think that we are currently entering the bear market because from what I am seeing, the price of bitcoin is still in a healthy value or price so that in my own opinion the market is still not in a bear market. Another thing is that the price of the altcoins including the Ethereum is still at an upper price. Just imagine that the price of the bitcoin is $30,000 and still not dropping in the $20,000 which is the normal price or the last ATH of the bitcoin.
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To be honest, I am seeing you as new here because of the little dip in the market and yet you are worrying so much. All of the pioneers and veterans here in the forum are already used to on a little dip in the market. If you are not full confident on your investments then you can get out on the investment and if you are not that risk taker then probably this industry is not for you. Make a practice that whenever you are entering here you must ready on what would be the possible consequences of investing in crypto.
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How come almost on-one didn't bat an eye when Elon was pumping BTC by tweeting about it? In fact people were encouraging him to tweet about BTC or doge, and now it's suddenly market manipulation and potentially illegal when he is tweeting shit about it and it's going down?
Actually this Elon was really a manipulator and indicator in the market in which everything that he tweets become a major asset and reason on what would be the outcome of the market. I've seeing this as a bad habit or bad activity because of these scenario many people are having a hard time on reading the market and due to these happenings many people are getting hype on every coin that Elon is tweeting.
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It is really imposible that Elon Musk and Satoshi Nakamoto is only a one person because in the first place, Elon Musk recently invest in cryptocurrency. If he is the teal Satoshi Nakamoto then once he gets rich he will be able to invest all of his earnings into the cryptocurrency which is his own project * if Elon is Satoshi*. But no he just make his movement and investment recently so I don't think this two person is the same.
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Actually on some point it is true that the crypto becomes the playground of the rich man because imagine that those who are rich and the one to purchase or buy cryptocurrency snd they becomes the big whales in which they have the power to control the market. That's the reality, the rich men are more powerful than the average person. Accept the fact that crypto nowadays becomes the playground of the rich men.
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If hodl is not the best option to avoid and cut the losses today then what would be the best option that may suit to us? The thing is that we are saying it without any prior decision. If we immediately sell our holdings and our whole assets in our portfolio then probably it may turns out that we loss so much but if we just hold until the market comeback or bounce back again then people will not experience heavy loss than panic selling.
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it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.
It's not too late but if you will not buy today which is the market is in a red stage or in a very bad condition then probably it is the right time to buy bitcoin which is in a dip price or value. The thing is that this will be the final dip of the bitcoin and the market or it is just the initial dip of it? If you think that it is already a dip then probably this is the perfect time for you to buy it and don't be late on this part. Just like what everybody says it is better late than never.
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