You must involve someone from a family member that you really trust and it is impossible for a brother or sister to betray your trust, if you have a wife then it is better to teach knowledge about how to access bitcoin assets even if it is not yet time for you to provide the seed of ultimate balance but at least it will help your family if you died.
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Following the government to deposit money in banks will make the value of the currency will not increase and a little profit every year and not to mention if the country is experiencing high inflation, some people store it in gold and land assets but if they know bitcoin it will provide high profits.
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I think almost everyone knows bitcoin in layman's terms only as an investment, but we need to actively explain more details about bitcoin knowledge, we are glad that some people have responded well and many people have asked about bitcoin since it reached ATH last April.
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Unfortunately there are no local providers that allow the use of purchases other than using fiat currency, but for global trade I contacted personally for payment transactions using btc or altcoin because the transaction process is very fast making trade time friendly between sellers and buyers, some of the global trades are very responsive when they are paid with btc.
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Whether robinhood users have been verified by kyc and in which countries there is a drastic increase in female gender users in trading activities, although gender issues are not very important but it is also interesting if many women actively participate in the cryptocurrency space.
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We don't have facilities like bitcoin atm to physically introduce bitcoin, but for each person in different countries have their own way of attracting someone's interest in cryptocurrency, traders and bounties are a great way to introduce crypto for the beginner community to increase financially in times of pandemic.
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What is happening now will be a part of the history of crypto journey, in the future people will say that the power of cryptocurrency is able to face all kinds of obstacles even though big countries are playing a negative role about bitcoin at this time. Once we pass this phase, crypo is eligible to go to the moon.
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Investing in stages is the best solution in investing crypto compared to buying all at once, this investment method can speed up the recovery of losses if when the price of btc goes down then rises back to the initial price on the first investment, I only share 3 stages in investing with each range further apart.
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Is it true that the German state is investing 20% incrementally as the market growth effect isn't really increasing at the moment, it should have pumped up $40k but sadly that's not the case now as FUD from China continues to cause concern for many investors.
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Cheap or not the price of bitcoin today depends on how people view market developments by relating most of the positive news about the legality of bitcoin in several countries, while some people overestimate the level of dominance of FUD from China so important, they think bitcoin prices are still expensive.
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I think bitcoin is not a great investment this pandemic, because many people needs funds right now and we all know that if we invest in bitcoin we need to hold and wait till price is become good. But there are still people that can still do investing specially to those who are financially free or rich person.
During the pandemic, many people lacked economic income from their jobs and were even fired from the company due to the company's deteriorating financial situation, resulting in massive layoffs. The necessities of life come first and investment comes second if you can set aside finances to invest in crypto.
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The main reason for the collapse of Bitcoin is due to a series of measures recently introduced by China that have led to the price drop. Decline, but Bitcoin has also rebounded in the middle. I would rather regard this decline as a rest period for Bitcoin, because Bitcoin has risen very high since last year, and it will take a period of time to adjust. I think this is to reach a new height. There is no need to worry too much about the price of Bitcoin for the necessary rest period.
Bitcoin has been stuck in the $30-35k range for the past few weeks and I agree if this is a break after the ATH movement in the last few months, the period is highly anticipated as bitcoin has declined by more than 50% and the opportunity to buy cheaper to hold in the long term.
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They will surely do that as there's no stability and security if they will just operate in China, maybe in the future if the government stance on crypto and bitcoin will chance, but until that happen, they'll have to find a place where they can operate again because if they will just stop, they'll lose a lot of money as we know how much capital is need to run a big mining rig business.
I'm not sure if the government will ban mining forever and maybe it's just a temporary ban with certain considerations, after consideration of dispensation for miners being a big force to push bitcoin to peak prices, I'm very sure if there is support for bitcoin after this drama ends.
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Current number of post (Including this one): 1477 BEP20(BSC) address: 0x3a008b16bDe35bA5A878431d297304b65Fe5e02D
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If have free money, buy will be good thing. As long we not force ourself to buy bitcoin when it's price dumped and then use money from loan. Investment must be use money that not disrupt our daily life. And price of bitcoin if people can hold longer maybe have bigger chance to increased more than now.
Agree, you should manage the financial allocation to the maximum so that the financial allocation of investments in crypto does not affect the use of daily needs finance, such distribution of financial allocations avoids someone from panicking when the market experiences a correction from FUD news.
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Elon Musk is the Tesla owner, he is a smart guy. He must advise Tesla to buy at a proper time if they decide to hold for a long time. Since we are in the Bullrun season, buying now mustn't for a long time. The price of Bitcoin will drop more and massively in the next bearish season. So, I am pretty sure if Tesla or even Elon Musk will sell their Bitcoins before Bullrun ends.
Do you mean Tesla is only taking advantage of the bullrun market, so the conclusion is that Elon pumps bitcoins only to sell bitcoins at high prices. If that's the goal then people will avoid every market hype that Elon posts on twitter.
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You need to stop buying or you will end up like lossing. Buying is need to be done during dip only but if you are addicted on it you will maybe buy even price is high and risky, you need to control your self and make a proper or prudent decision to avoid loss.
The market is currently recovering and I think it doesn't matter if one is addicted to buying now for long term investments, I hope you will get multiple profits when the market goes up in the future.
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I conclude that the number of bitcoin transactions decreases every month as the number of holders increases, whether it's just buying it at the current lowest price or at the highest price then both are very optimistic that the market will recover soon, for me it's a positive thing because people can control themselves from FUD and they know the market is being manipulated by big whales.
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Hey guys I just sold all my BTC while the price was $59000. What do you think will be the dip for this bear market? $19k? At what price should I buy BTC again with the best possible profit.
Any one with price prediction?
You are very lucky to sell it at the highest price and now that bitcoin price has touched $30k in 2 different times, I think you can use the funds for short term trading as well as analyzing opportunities from current market conditions.
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