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3681  Bitcoin / Bitcoin Discussion / Re: Bitcoin is an investment on: January 31, 2021, 02:34:18 PM
It is actually all up into you if you would sell or hold or buy more Bitcoins depending on your capability and the way you will strategize on making your funds circulate to gain more profit that you can possible to attain. Just be sure that you will be wise on your decision making for your investment because once you take easy into it you might missed possible opportunities that you must have grab to be able to make things favorable on your side. Seize the moment while the price is lower compared to the recorded ATH of $40,000 because right now price is playing $30,000 and up. Yes it is still pretty expensive yet better be good to be bought compared to $40,000 and up.
3682  Bitcoin / Bitcoin Discussion / Re: About people that bought too early [and lost them] on: January 30, 2021, 11:19:42 PM
We cannot certainly blame those people who have bought Bitcoin long years ago because certainly maybe they have just lost into their mind that they have kept a desirable amount of Bitcoin way back then that they have keep into hold since the price of Bitcoin way back then is far to be comparable into where it is right now. Maybe they have just focused into other necessary things while waiting for the price to grow and have forgotten it until now that they have saw a big improvement and now wanting to reclaim what they truly deserve after years of holding. But we cannot still be certain if all the stories being shared by some random stranger is true or not here in the forum but I guess some of those are true and maybe the least we can do is just assist them on how they can regain access with those long hold funds.
3683  Bitcoin / Bitcoin Discussion / Re: How bad will the bear market of 2021 get? How low will BTC go? on: January 30, 2021, 10:19:26 PM
We cannot state exactly on how low can the price of Bitcoin go right after reaching its ATH and having a sudden drop of price few days right after that. The price is unpredictable so we still certainly do not know into what extent can it go if it will cut lower than $30,000 or will be safe at that price mark and play along $30,000+. Well, year 2021 have just started and we still have plenty of months right ahead of us so we better just see to it to better witness it by using our own eyes of what can possible to make happen by this entire year if the bear market will continue or another bull run will arise.
3684  Economy / Speculation / Re: Will Bitcoin reach $50k by the end of 2021? on: January 29, 2021, 11:17:43 PM
We are still at the early month of year 2021 and we do have plenty of months before this year ends which means there is still a lot of time for us to see if Bitcoin will reach $50,000 by the end of this year or could be even be earlier than that. There is always an open possibility for Bitcoin to move into that price over time and we will just be surprise that a new ATH will be recorded once again right after the recent $40,000 price mark it have recorded this year. Let us just all wait up and see what will happen for it is too early too conclude if it will or it will not reach such price mark expectation by the end of this year. Just be patient and grab all the possible opportunities you could take while the price is temporarily lying low for a bit which is pretty much cheaper compared to when it is on its price peak.
3685  Economy / Trading Discussion / Re: Should I sell or hold on my bitcoin? on: January 26, 2021, 11:58:24 PM
If you see yourself that you cannot afford to see the declination on the value of Bitcoin once you hold it, better sell it for your own good but if you see that you can endure taking temporary loss due to price declination, then better hold for it. It will be an assessment on yourself on how far can you go so better mind your own and do not be dependent on other people's opinion and speculations for we have different stands regarding the matter. Better just see to it that you will be the one benefitting on the decision you will make because it is your own Bitcoin and not ours.
3686  Economy / Trading Discussion / Re: How do you develop stronger hands? on: January 26, 2021, 11:38:51 PM
Just trust the process and stick to the plan for you have to trust the strategy you have made if it will work out or not. Better see to it that you won't get distracted upon doing it and avoid getting mixed up by emotions on doing decisions for you will just end up pulling out and regretting it once the plan you have made out do really works. Failure do always come before you can gain success because failure does not just give experience but as well as learning. If you are afraid of taking risks and trusting the plan you have made out the could be possible to work out, then trading might not be for you. If you wanted to test how tough you are in trading, you better hold into your decisions and assess once it was all done.
3687  Economy / Trading Discussion / Re: What to avoid as a beginner in trading Bitcoin? on: January 26, 2021, 11:22:33 PM
For beginners and first timers on the field of trading, better avoid engaging while you still have nothing to know about what you are suppose to do. Better educate yourself for you will be dealing with risks in order to trade and make your money grow. Better be aware that your purpose is to gain despite of the risks associated upon doing trading. You are trading your money and not doing it like you are gambling to just depend on luck that your instinct about how things will go be favorable to you. Be educated to the extent that you can deal on possible circumstances that might get into your way for once you cannot handle those, it may get into frustrations which can also affect your trading capability. Learn to analyze and observe the market for you are going to work with it the rest of your life in trading so better see to it that you are understanding it.
3688  Economy / Trading Discussion / Re: How do you combat your weaknesses in trading? on: January 26, 2021, 11:01:33 PM
Conquering your weakness when it comes to trading seems to be difficult to be done specially when you are inexperienced and still a first timer on the field but as time goes by, you can be able to manifest coping mechanisms on how you can deal with your own weaknesses because you are learning already from experience and now you are getting aware of the possible outcomes making you brilliant to conduct measures that can save you up once you've been stuck into the same situation again. I do have also problems taking into my weakness on my first tradings because I find it like I am wasting money having losses but due to experience and thorough observation on the matters with trading, I learn to cope up and make possible measures to conquer it.
3689  Economy / Economics / Re: Will President Joe Biden be good for business? on: January 26, 2021, 10:39:49 PM
President Joe Biden is just newly inaugurated as the 46th president of the United States of America and with the short span of time, he has still just being fresh on the position although already his second time on the national government as an official because he was once a vice president, we can say that he still have many years to prove himself worthy of the trust that the people of America have entrusted to him so why bother evaluating him with just a short span of time he was on the position? Surely he will be a good president that is good in business and everything because it is not already his first time after all and he will not take the courage to take the position if he does not know what he is doing. Just trust him and let time pass by that his platforms stated be come true and not be just a promise.
3690  Economy / Economics / Re: Are Cryptocurrencies Really Money? on: January 26, 2021, 04:11:32 PM
Cryptocurrencies can be considered as a real money for the fact that you can be able to convert what ever you have in crypto and make it into fiat depending on the currency you do have in your country be transferred into any bank account where you wish to gain your crypto converted into fiat coming from exchange. Now with regards to the poll, well it cannot be that reliable for me having poll made up into a social media platform like Twitter but it somehow represent a small portion of population depending on the number of participants that have been engaged in the poll and share their thoughts regarding the topic where the poll is intended with.
3691  Bitcoin / Bitcoin Discussion / Re: I predict stricter regulations for bitcoin and the cryptospace for 2021-2024 on: January 26, 2021, 03:44:37 PM
The prediction is pretty much expected already with regards to having stricter regulations to be applied on crypto space now that many people are starting to get engage with crypto which alarms government to make way on regulating the usage and engagement of the people upon managing the effects it can possible to make to the people in their vicinity. The stricter regulations can be good as for it will take control for the legal manners that relates to crypto usage but can also be bad if the aim is to control people by prohibiting them to get engage on crypto that can make commotion between government and people. There must always be a balance and free space on where government and people will understand one another specially with regards to the topic of bitcoin and crypto space for different stands must be considered and not be a one sided unfair decision.
3692  Bitcoin / Bitcoin Discussion / Re: What happens if internet connectivity gets terminated on: January 26, 2021, 03:06:43 PM
If ever the internet gets terminated, many things like works related and dependent on internet connection will be interrupted for sure and that would be a headache for the fact that almost all things existing in the world is made possible by having internet connection even the transactions we have on banks and work related stuff are interconnected on having internet. For sure working with Bitcoin and other cryptocurrencies too will be disrupted because of the termination. We might be likely to be back on old days for sure having no internet which kinda frustrating because modern days almost require internet to work out things to be possible.
3693  Bitcoin / Bitcoin Discussion / Re: Another billionaire just invested in bitcoin on: January 26, 2021, 02:37:23 PM
The happenings that are related into Bitcoin specially the bull run does not just make ordinary people excited but as well as institutions and even billionaires coming from different parts of the world making them interested to get engage on investing with Bitcoin. It is not surprising at all that those popular rich people and institutions are giving their attentions towards Bitcoin because it is really catchy and attractive to everyone's eyes seeing the good happenings with Bitcoin making them want to explore more out of it. For sure once another ATH will be attained by Bitcoin, many more people will get along on the trend and will keep their funds put into investment with Bitcoin showing how they appreciate and value Bitcoin's worth and existence.
3694  Bitcoin / Bitcoin Discussion / Re: Hard to swallow pills about Bitcoin and Blockchain on: January 26, 2021, 02:12:47 PM
An interesting view of a person who is involved in Bitcoin for a long time.
Bitcoin and blockchain was created to eliminate banks as a medium of exchange. But people go to banks to withdraw their money. Which is a total contradiction.

Are people really in the industry for the money? Is this the reason why adoption takes such a long time?

Do you share his view?


https://crypto-potential.com/post/hard-to-swallow-pills-about-blockchaincrypto

Bitcoin and blockchain is not hereby created to eliminate banks. It have been originated into the idealization of having another mode of payment through digital currency and to make traditional way of transaction to get even faster. There must not be a competition or comparison in between those two for they are playing their roles depending on the needs and wants of the people availing for the service and benefits they can provide. Indeed it is a fact that people works on Bitcoin and gets into bank to withdraw money for they see Bitcoin as an alternative way to source out possible income that can be converted to fiat. People do have their own reasons on why they get into using and purchasing Bitcoin which might be for the sake of money, investment or even trading but that all falls for the idea of having something you can use for payment and transactions.
3695  Bitcoin / Bitcoin Discussion / Re: Let`s say bitcoin replaces fiat. What happens? on: January 25, 2021, 11:59:24 PM
It is still too far beyond and quite impossible to make happen that Bitcoin will be replacing fiat for the fact that many people still relies on the usage of fiat and if you are will no longer accept fiat as a mode of payment or transaction, then how possible you can be able to sell your goods and services if you will be just plain accepting Bitcoin alone for the sake of adoption. Better be two sided upon using both instead of being reliant on only one. Better be that than one.
3696  Economy / Economics / Re: Does Bitcoin Help The Poor on: January 25, 2021, 11:42:57 PM
It is not literally direct for me that Bitcoin do helps poor people for you still must do an action to help yourself up upon considering yourself as a poor person to eventually make your life get even better. Bitcoin somewhat help those people gain opportunities of having decent work or source of income but for those who make way to be able to earn using Bitcoin as a platform just like doing trading, investing and other related works. Maybe on an indirect manner Bitcoin is being used by some people or organizations to fund their projects that aim to help poor people but if you are pertaining that Bitcoin directly helps poor people, I don't think it is.
3697  Economy / Economics / Re: Is there subject to study Cryptocurrency ? on: January 25, 2021, 11:27:31 PM
As for now, there is still no specific subject that teaches cryptocurrency being applied on the academic curriculum as for it based on the current educational set up that we have here in our country. The subject for cryptocurrency is related into technology and economics which is on different courses and still the topic about it is broad to the point that we still haven't basically having any specified subject to teach cryptocurrency on a direct manner. Well, it have been already mentioned on classroom manner but not totally for the purpose of broadening knowledge about it but just because it is just related on the topic being discussed on the classroom.
3698  Economy / Economics / Re: In 2021 to 2022 you decide your life and wealth on: January 24, 2021, 11:57:13 PM
Well, 2021 have shown as a good kick start that boosted our hopes since at the very early stage of this year we have seen how the market booms specially on the part of Bitcoin attaining its new ATH which is a good thing to start this year with. Actually the decision making if you will be rich or poor will be depending into yourself if you will make a move or will just remain as what you are. 2021 is start of another decade to come and many possible opportunities may arise by this year up to the upcoming years but the fate of your status when it comes to wealth will be dependent on how you will work hard on grabbing all opportunities that can be taken and make them grow for your own good and sake. No one knows what can happen in the future but you must act as soon as possible and be wise on conducting your decisions.
3699  Bitcoin / Bitcoin Discussion / Re: Bitcoin advertising by celebrities. on: January 24, 2021, 11:40:13 PM
This is really not kinda new for the fact that there are already lots of famous personalities that advertises Bitcoin before most specially on the platform of Twitter having the same like the photo of the tweet attached by the OP. It does not barely kind of advertising for me with that way but seems like a promotion of the wallet or application where you can attain your reward. It is also for the reason that not all celebrities do know about Bitcoin it is maybe just that it is up with the trend that's why they are doing it so to attract people using Bitcoin to support and be popular to them. But no matter what the reason or agenda is, it is still undeniable to be a good publicity for Bitcoin because many people supporting that celebrity will get curious to know about Bitcoin for sure.
3700  Bitcoin / Bitcoin Discussion / Re: Does anybody have any suggestions for investing in Bitcoin? on: January 24, 2021, 11:13:22 PM
Familiarization about how Bitcoin works will be the first step most specially if you do really know nothing from it and you are being a first timer wanting to engage into investment. Having prior knowledge most specially the basics are very essential for there are certain risks associated upon doing engagement with Bitcoin that can be somehow manageable and be bearable once you know how to properly deal with the associated risks you will encounter. Research is a must thing to do to have better understanding about it for you might get lost in your mind ans funds not knowing what you are doing and might end up getting frustrated and disappointed.
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