This is really a good news. These people rarely do wrong investments, also because the news that they are investing is in itself making an asset popular and successful, since they are opinion leaders. Good things ahead for cryptos.
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It was born to be a currency but now it has become an asset. In my view, this has been an irrevocable transformation. Unless Bitcoin's tech gets completely revolutionized.
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Yes, in your place I would just keep in in a safe place for some years and if and when Bitcoin will reach 1M like McAfee has predicted, then even with 0.05 BTC you will be quite wealthy.
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It is difficult to believe it can rise so much, but then, who knows? What I doubt is that it will happen anytime soon - I guess we would need several years for that.
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I am not too young either, and I am happy to be able to profit from cryptos anyway. But for young people, who have more time in front, cryptos is THE WAY, definetly, to secure their financial future.
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That's the worse thing you could ever do. There is no guarantee that Bitcoin will keep growing, nor that it will do it when you need it. It could just tank 90% (happened many times in Bitcoin history) and take years to recover and you would have to spend your life in the streets. Or it may even never recover. And then, nor would you, homeless loser.
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This is a difficult and very personal choice. It depends how much you are able to earn trading Bitcoin and how much you have ALREADY earned, so as to give you a buffer should things turn bad suddenly.
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Bitcoin has turned into a store of value more than a payment system. High volatility and high fees make it unsuitable as a currency. But it is fine as a store of value.
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The whole world is currently asking themselves the same question, and since the price has been stagnant lately, it means half of the people think it will go up and half thinks it will go down. You chose your team
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I am not so sure about that, it is either word of the mouth of mainstream news - of course now everything goes through social media, so a little role is played by that too.
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I don't really think so, and especially I hope not. I just think that the recent rise of Ripple is a sheer matter of speculation.
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Yes, it is incredibly risky. One of the golden rules in cryptos is to invest only what you can afford to lose. So you have to chose how much of your savings you are ready to risk. Because IT IS a risky investment.
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The main challenge for Bitcoin in January is not to give way to the bears who are betting it would tank. It should resume to rise, instead, reversing this short time bearish trend.
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My favorite feature of Bitcoin is that it is not something that the banks and their mainstream journalistic whores is trying to sell me. They're quite out of this game and I love that.
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Of course I am surprised, who on earth would have imagined one year ago that the price would have grown up to 20K dollars? It is mind boggling.
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So if I am getting it right, there's no way any more to get coins from the airdrop?
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I have been asking myself the same, it is making me a bit nervous. In 2013/2014 we have witnessed the beginning of a bear market - let's hope history won't repeat.
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I guess that every single pure crypto enthusiast is answering; OMG, let's hope not! That would be the end of crypto actually.
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Now I suddenly understand the reason of the huuuuge rise in price of RAIBLOCKS recently - people want to catch 2 coins with one buy.
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I have just joined the P2PS signature campaign. Your project is very interesting and my instinct tells me that it will have a very bright future.
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