In every country it is mandated by the government to pay taxes and it is indicated in the government law. If we do not pay taxes the government might sue us for not paying the taxes and the surgers and penalties are even much higher.

Bitcoin is not scam if you will be the one to manage and control your investments in that case your investment will be secure whatever the downfall or it gain high it is your sole responsibility. If you entrust your bitcoin investment to third party people those are the ones might scam you because if your investment esrned too big the third party might be tempted noy to return your investment.

IMF i think will not consider bitcoin as a currency because only fiat are regulated by the most government thats. Bitcoin is a digital currency that we do consider as an investment with the progress with the crypto currency it might replace fiat in the future.

It is not too late too invest in bitcoin if you see the market is in deep take advantage to invest because it means you can buy bitcoin at a lower price and then hold depends on your target percentage. Bitcoin will always be a good investment.

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Bitcointalk username: nesty
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Having a small capital could take a long time before we earn big enough. It is a matter of patience and how good we are in managing that small capital. But with more patient and determination we will earn big time in the long run.

Both are very good investment for me. Real Estate cost to own one is definitely expensive for an ordinary people like me because it would take years for me before i could fully paid that investment. Whereas in crypto currency we can buy in a smaller portion wherein we can buy and sell it upon reaching the target income. So both are good investments and it would depend on the capacity of each and every person.

That could possibly to happen bank would find a way to have alternative source of income aside from the fiat and other products that they are offering their clients. Crypto currencies has a higher potential to earn so much more.

We cannot stop those hackers to hack the crypto wallets all we need to do is to protect the wallet and make sure that we generate two factor authentication in that case our wallets will be secured.

The subject itself defines the crypto currencies because if you are not a risk taker and you are too emotional about the losses you might incurred then this investments is not really for you. Crypto currency market is indeed too volatile that only risk takers can manage to gamble their capitals. So if before you decide to take the risk better study first and condition you mind to the risks.

Global currency is very much different from the digital currency that's why it cannot be a global currency. And as far as currency is concerned different countries have different currencies and there is none above all the currencies is used as one currency by all the countries. I never knew any currency that is agreed by all countries to be used as one worldwide. Bitcoin is already on top of the Crypto Currency market and it is evolving the whole internet and it continue to lead all the digital currencies.

That is right if you are afraid of taking risk in investing Bitcoin never invest on it because it would be so stressful on your part. But taking risk can be learned specially in how to control your emotions. I am one of those who are started afraid in investing but i realize that risk can be worth it if see the income of our investments.

Crypto currencies are very risky investment only people with high tolerance with risk are the one can truly handle the risk. If you cannot handle risk then this investment is not for you.

I will invest more in bitcoin because the interest is far better compare to that of banks. I will just keep my emergency fund in the bank for emergency expenses.

I also use blockfolio and it is good because most of my crypto currency investment can be monitored there. I always look as well at the coinmarketcap.

There’s no need to prove to anyone how we are dealing with bitcoin and other crypto currencies if they do not believe in it we cannot force them to believe.  Those haters will eventually realize how much they have missed in investing in crypto currency.

Emotion is part of everything we do weather investments or other things. Like you i am also emotionally attached with my investment but i had learned how to control it thats why i still hold on with my investment because i know that it would be worth it in the long run. We just need to be patient and have a strong will.

I disagree with you. I think you are one of the so called panic seller that cannot control yourself during the deep of the coins and the tendecy is you loose your investments. Bitcoin ha a great potential and it will recover no matter what. Lets take advantage while the market is in red market because we can buy coins at a lower cost.

Definitely yes because bitcoin has still lots of potential we are experiencing deep is because many holders are selling their investment. I am still confident that bitcoin will recover we just have to wait patiently.

I would definitely hold my bitcoins because it could still reach the higher value that we might earn in the future. This investment is for my long term thats why i will not sell it during Bull Market.