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Fluctuations in prices do scare many investors in bitcoin, even the most experienced. But here you just need to constantly think about the fact that without such price drops there will be no growth.
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There's no point in forcing someone to use bitcoin, as imposing will only alienate people. This will happen naturally, as this currency will be valid for people and will be actively used.
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Campaign : Telegram Advertising Campaign ● Bitcointalk username: Dondisimo ● ETH Wallet Address: 0x579a6d724eb4f0b2B6B21EA6712ad8f2d2aaB946 ● Telegram Username:@InvestPlase ● Screenshot links: https://t.me/investplace/34867 |
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It's great that politicians have an investment in cryptocurrency, because it can be a great help in the development of this technology, as these people have a personal interest in it.
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The best thing to do when investing is to buy bitcoin, choose a good wallet and forget about your coins. You absolutely should not worry about the price fluctuation, because ultimately the price will still be high.
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The most important thing during such market falls is not to give in to General panic. You're right, the price drop is normal for bitcoin, no need to take it for something terrible.
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I agree with you, when most countries of the world accept bitcoin, it is unlikely that all the others who have imposed a ban on it will remain on the sidelines. Otherwise, they will lag behind the overall development of the world, which will have a bad impact on their economy.
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I talked with different, mostly experienced investors and they all choose long-term storage in the replenishment of the investment portfolio at price drawdowns. So you minimize the risks that you can get when selling.
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Of the haters still won't get rid of and will always be people who will be skeptical to treat it. It's natural. So let them hate it, as long as it does not affect the technology itself.
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Despite all the difficulties, bitcoin continues to develop and improve its technology. Therefore, it is too early to talk about his death. It's just the opposite.
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I do not think that this ban will last forever,as when the whole world will switch to cryptocurrency, the rest of the countries will have nothing to do but to accept bitcoin. Otherwise, they will lag behind world development.
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It seems to me that Ethereum is a very successful, and even to some extent undervalued currency. So I make big bets on it and have quite a lot of investment in this coin.
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Full use of bitcoin as a currency will simplify our lives as buyers and sellers. But my country is unlikely to soon be able to use bitcoin as a currency, as the technical support leaves much to be desired.
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Now the market is in a very sad state, but there is no cause for concern or panic. We just need to be patient and wait for the price to go up.
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