I'm sure that the main reason users panic because of the many false news, we all know that the haters spend big money to pay for all media to preach negative things about bitcoin.
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They still buying because they believe about the benefits of btc to them. And they still hoping that thru BTC they the have a chance to be successful one day in life.
The main reason of course is feeling that the current price is cheaper and bitcoin potentially immediately skyrocket, I'm sure that buying now will make us get big profit so we become successful and rich.
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For the good of course I will split the money into different types of investments, bitcoin and real estate are 2 different investment types but worthy of our choosing, I will make bitcoin to get big profit and in a short time, and real estate is for the security of the future.
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I think investing cryptocurrencies is very risky, and there is never any guarantee that we will get a profit even if it holds for a long time, and the best way to avoid the risk of course is not to put all the money in cryptocurrencies.
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Online transactions certainly require trust, and once a person gets scam then he / she will think that everyone is a scammers, but we should always think good and positive because there are still many people who can be trusted and there are many in this forum.
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I do not think there's a good time to buy bitcoin, you're just confident to buy as much bitcoin as you can, after that you save and try to grow your bitcoin assets by trading bitcoin and altcoin.
Early May month I thought that the $ 9400 price was the best price, but unfortunately it was today the price dropped again to around $ 7400 and of course I regret it because the price is down, and seeing this fact of course I will wait for a better price, maybe still under $ 7000.
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Buying certainly has a good reason, and I think the strongest reason is to hope and be confident about the future of bitcoin, let alone everyone thinks that the current price is cheaper than a few months ago so I'm sure that buying is profitable.
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Waste time on faucets (we all did Collect dust and pay high fees on it Leave coins in an exchange Trust the wrong people and get Panic at a price correction
For now most users are too easy to panic because of getting negative news, this is what makes bitcoin prices continue to be corrected making it difficult to reach $ 10,000, but in general I'm sure that bitcoin prices immediately skyrocket.
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I'm convinced that bitcoin has a solid foundation and not just a way to make a profit, if just relying on profits, of course there will not be many exchanges or investors who continue to develop bitcoin.
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Currently the bitcoin price is around $ 7400 and I think it's a good price to buy, I'm pretty sure that June's price could reach $ 10k so that by buying it will make us a big profit.
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I am very optimistic about the future of ETH so I never hesitate to support and keep ETH, even I'm sure that ETH is the next bitcoin, it is seen that daily transaction volume of ETH keeps increasing while bitcoin decreases.
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The thing that gets everyone interested in using bitcoin is an anonymous feature, it's time for the transaction to have a feature that protects the user's data in total and it can only be done if the feature is anonymous, bitcoin understands with it so it uses various encryption.
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I'm optimistic that the $ 20k price will happen sooner or later than August, with the number of active users growing so it's easy to reach $ 20k, and to get a big profit then hold is the best thing.
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Because being the first then it is natural that bitcoin is the most popular, of course this has a big impact on cryptocurrencies because almost all coins or tokens are dependent on bitcoin prices.
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Since the bitcoin price increase late last year, the more people who spread false news with the intention of making users panic, they do everything to pay for all the media to preach negative things about bitcoin.
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I'm not afraid of the government if one day they are banned in total, as long as there is an exchange like binance or livecoin that can send USD to my account then anything that happens with the government will not have a big impact.
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We must be aware that change can happen anytime, and we should never think that bitcoin will last and last for thousands of years like gold or silver, someday going outdated, the best way to get profit from any condition is to utilize as long as bitcoin exists .
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People who pay taxes are of course many reasons and I'm sure because of very strict regulations, even in my country all transactions above $ 100 then have to use tax numbers so it is difficult to avoid taxes.
Yes, most countries are forcing a person to pay taxes, otherwise paying taxes can then be punished by imprisonment, but in fact other than coercion it may be better to pay taxes because of awareness because if we realize and understand that all the state charges from taxes then we will gladly pay tax.
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This is the advantage of bitcoin, as long as people can connect to the internet it can potentially make money with bitcoin, and with facts like this should the state care and immediately legalize bitcoin.
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The most important thing we should know and understand about bitcoin is bitcoin embrace the concept of decentralization so that prices rise and fall like a roller coaster, if we are accustomed to traditional investments such as property, gold, stock and so then we can see a very clear distinction that the price rises and dropped significantly.
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