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If you want to invest on bitcoin you must have to know that it was very risky. But uf you want to take the risk, before you start investing in Bitcoin, you must have to learn or to know more about the cryptocurrencies and bitcoin markets. You can buy Bitcoin directly in US dollars on Coinbase. And you need to determine whether you want to invest long term or short term because investment in Bitcoin is the long-term investment, must hold at least 6 months to 1 year to be profitable. Also, you can learn about cryptocurrencies knowledge through forums and Google, try to search it out or keep reading in this forum so that your knowledge about bitcoin must grow.
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Maybe yes. Bitcoin also start from zero with no popularity and able to survive until now because there are user that used it for transaction, when the user feel bitcoin is not useful anymore they will dump bitcoin and look for another coin or altcoins. As we can see few weeks ago when bitcoin price fall down, a lot of alt coin price go up, this indicate that there are a lot user buying alt coin for investment, so there is a possibility for alt coin replacing bitcoin, but it is not that easy because many would still prefer to invest of bitcoin because it is a long term investment.
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I think bitcoin will never end, as long as there were many investors that will invest in bitcoin and there are still a lot of supply it will not end. If you are going go take a look at the situation of it right now. Many people are already buying and mining which led to the sudden increase of its value. This will surely help in making bitcoin's firmness and influence improve as time passes by.
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Selling bitcoin all of a sudden very risky thing that you need to observed very carefully. Because if you buy bitcoin while price drops I am sure that your money was risked. And for people panic selling bitcoin is also risked their investment. For my opinion we need to thing 2 to 3x before sell our bitcoin or before buy. This time for me, Its better to buy and hold for a long day or months in order to earn money in the future.
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Bitcoin can help the developing the world although the world is getting better as well as getting developed , Bitcoin will obviously give an better hand developing though it is an digital currency/cryptocurrency it will be totally different from local currency and banks processing.
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There are many reasons that I invest in Bitcoin. Many establishment or many people who accept bitcoin as a payment or an online payment in online shopping, it's easy to trade in bitcoin and most of all in bitcoin is very promising because the price is stable and keeps rising every now and then.
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Cryptocurrency is paving the way for a new kind of exchanges with utility tokens/coins as commodity. It has always been about losing and gaining money since ancient times. Everyday trades are about losing and gaining actually. When you buy something from the store, you lose money and the store gain profit. But you do get something in exchange for that money. In this world, it is cryptocurrency and many would rather chose it.
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For me, whatever the reason may be, I would still like bitcoin. Some of the reasons I say that there are some things that exist because of people's anxiety over conventional currencies that experience turbulence during a world economic recession is uncertain. Now bitcoin is an alternative for those who do not trust governments, central banks, and third-party institutions to derive value from currencies and many people especially those who use digital currencies are keepnon using it especially bitcoin.
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If we dig further from the records of transactions from the previous years as we can see there are a big difference within the past years to the present times. It is keep increasing its volume of transaction therefore more people are currently engaging or using bitcoins. We can be sure that it will become more widespread that even those industry with a doubt about these crypto will come to the moment where they'll rethink or reconsider the using of bitcoins within their business and also according to its value it will be more higher and higher but the volatility is always been there.
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Bitcoin is basically a digital currency and also the king of all cryptocurrency which was created by some anonymous personality named Satoshi Nakamoto. The starting price of one bitcoin was just 5 US dollars and now in one bitcoin is equal to almost 8000 US dollars. It can be used also for online purchasing and payments.
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Well it is never too late to join the world of bitcoin because it's an ongoing business and it does have a really bright future ahead and too many years to go further for sure it will be more improve and widen it's users numbers . It's simply the future so it is better to be late than never. No matter what the time you start investing in bitcoin , but it is not important because the real peak isn't reached yet and it's never too late to join in the world of bitcoin.
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I dont think so. It is a very high target but every thing is possible in the world of crypto and ina the near future the bitcoin demand will be more than the current situation. If bitcoin will soon get the value of $100,000 and this will make us successful too because we are the crypto lovers and we really feel good if that will make it happen.
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Well, actually no one can predict what will happen in the bitcoin in the future but I can see the great potential of bitcoin. In addition to that, many people believe that the price of bitcoin will increase in the future and bitcoin will survive and it will good enough in the future.
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Many people want to trade alt instead of bitcoin because the first reason is capital, while trading in bitcoin must need big capital.
and bitcoin is not suitable for short-term trading, more suitable for long-term investments.
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