What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
Crypto has a lot of advantages if you place assets into it and it is absolutely profitable to hold the cryptocurrency for long yet. Difficult to find the best coin or when to buy if you have to benefit from crypto you should need hug study about cryptocurrency Education and money is the key to success, you need to have both if you want to be successful in crypto investing. There are a lot of coins where you can invest but you need to have a full education on what you are holding, when you succeed, you could grow your money and you might get a big profit. Not guaranteed that all your investment will succeed but the rate that we see in some successful project could already make you rich. |
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No, trading requires instincts. Educated guessing is not enough for a successful trade.
The passion in trading will help you to succeed because you will have that instinct that would help you to make a good decision. Buying and selling is just the game in trading and of course you need to be educated to stay in the game and to be successful in the long run. |
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We all know that the price of bitcoin is flactuating and thats normal with us also in the market.We dont need to be panic ,It may recover sooner or later and its a good thing because we can buy it on a cheaper price.As a trader we need to be patient im every situation if the price goes up or down.
Of course when the price goes down it will eventually rise, patience is the key for success here and no matter what you do, it's very important to set your target so you will be able to execute it at the right time. |
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If the bitcoin had stable price, I think bitcoin could not popular today and boring. I love bitcoin because the value is like a roller coaster ride. Many people think bitcoin as digital currency and today's the value is higher than i think before. So bitcoin made a history of this month, we hope that next month will pump more.
Yeah, it's very stressful to those who are always watching the price, after it has reach more than $11,000 now it's below $10,000 which caught up those who bought during the pump. Now, they will have to wait to break the ATH for them to sell, and if it will not happen they might get frustrated and sell for a loss. |
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No. Banks will remain even the bitcoin goes up. But they should adopt the cryptocurrency. Disappearing banks will not ever happen. Because not all the people around the world knows bitcoin. How about those poorest ?. So the possible happen is the bank will evolve or adopt cryptocurrency and our paper money remain.
Bitcoin is very unpredictable, at this moment we can say that it's good for the investors and the traders because the price keeps moving up and sometimes it will dump, if you do not have patience and trust then you will not gonna like using bitcoin. |
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It's up to you. If you think you need some money and your money on btc will somehow go down and you think that the money your need will go down too, it is good to sell it so that you can save the amount of your hold btc. And we all know that it is natural for us to panic in btc if the value is going down because the thing we are talking is money.
The decision will always be on us, we can sell to make profit and we can sell to minimize the loses. If we are a day traders, we are needed to do this kind of actions, otherwise we will be trap and we might wait until the price will rise again before we can sell. |
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Yes, you can, if you have a large number of bitcoins, you issue a large order for buy or sale and the price will change, but now it is done by pump pools and I'm no longer sure that this can be done with bitcoin volumes)
Now that bitcoin is so popular, I am sure the distribution of holdings are from a big number of different people, remember that we are not yet anymore in the early stage so manipulation is very hard, unless you are satoshi who I think holding a big number of bitcoins. |
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i don't think so about this idea and it's impossible since bitcoin is not finish yet. But for us in here, we can conclude that bitcoin is the currency use because bitcoin is for everyone it took attention across the world and garnering popularity. We can say someday it's the official currency in the digital world.
What do you mean not finish, bitcoin is already running and operational and anyone can use this for online transaction. Maybe the adoption is not that big but as long as people will continue to use and they are satisfied using bitcoin then for sure the value will rise as the demand will increase. |
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For me, banks will not disappear. They will upgrade their system, duplicate bitcoin and make own coin too. We need fiat money to buy our basic needs. In case any stores accept bitcoin maybe i never use banks anymore. But banks will not disappear because of government.
They will continue to operate as people are still liking the centralized system and more regulated is safer for them. Bitcoin is just another option but I do not believe it will become more powerful than the banking industry. |
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as to me, i do not want it become pupolar in general, its also mean that everybody know about it. The most important is the price of bitcoin, if it is stable, it will not attract people include me. In future, it ok because i want to use bitcoin as local money but now i still want earn money from bitcoin,
First of all bitcoin price can’t be stable on one place because bitcoin is a digital currency and its related with market trade when the trade is goods so the price will be high and if the price is low so the price will low so it’s out of question that the price will stay same and if it happen so then I think bitcoin will lose its value in market. Digital currency that is decentralized and the demand is increasing while the supply is only limited. This is what is happening now, people keep buying which resulted to significant increase of the price of bitcoin and it's getting more popular now. |
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Cryptocurrency is the future of currency, I believe that over the next 10 years it will replace completely offline currency, becoming the most popular form of payment. You should earn as much Bitcoin to hoard it, and you will definitely get rich in next 5 years.  Offline currency will stay but the trend will be online currency because the world moves so fast and people want instant transaction. This will not happen instantly and good thing that we have new option now which is crypto currency that is decentralized and transparent. |
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I think it might be okay if you will gonna pay attention to both of them.Earning for the future while investing on something so that your money will yield something on your investment.
if you can then do it, you can invest while you are saving money because you do not want to just save forever without purpose. We like to improve our way of living and we need money to do that and savings is not the fastest way to achieve our dreams but investing. |
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i think bitcoin is a precious money for me and i can earn it then i going to to invest im gonna cash it out for my family and i can buy online games and steam games then sometimes im buying thing online.
More than a real money for me because a real money is not performing like what bitcoin has achieve, it's controlled by the government so you cannot expect you'll benefit from holding it. With bitcoin what you are holding is a share of the growing demand and when that continue to grow you'll surely make a lot of money by just holding. |
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Because now bitcoin is so popular, its trading at an all time high. And the main reasons Bitcoin initially become popular are because of its anonymous and unregulated nature.
Soon it will be regulated and it will regain the confidence of the people, especially for those who are treating this as a long term investment. Day traders will just come and go, they will only want to gamble with the price movement of bitcoin but the real supporter are those who trust the long term success of bitcoin. |
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Bitcoin is starting to accept many countries in the world. With the acquisition of Bitcoin, the amount of demand is increasing. Its evidence is that Bitcoin's price increases. So it can be said that Bitcoin is becoming a global currency day by day.
By reading on the news about bitcoin or the cryptocurrency we will understand how popular bitcoin has become. The price is the only statement that will prove, and the price is rising in just this short period of time because the demand is significantly increasing. |
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for now I will choose bitcoin because the price movement is fast, but I do not forget gold because gold has a real form, and one more profitable investment is to have many plots of land
At this moment there is nothing that can compare with the bitcoin in terms of profitability. It has been increasing this year and almost every month we are seeing a new ATH and that is very important for us investors to grow our money faster. |
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Bitcoin is the evolution of freedom because it breaks down the barrier of countries. Nowadays you could transfer money to your friend on an other country very easily through Bitcoin. After 6 confirmations , your money will be fully transfer into his pocket . Fast , convenient and helpful.
Depending on the network actually, sometime your transaction will not confirm faster especially when the fee is not big enough. This needs to be solve, in order for everyone to enjoy the using bitcoin in their daily transaction they it needs to be fast and cheap all the time. |
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Bitcoin is indeed an international currency. The problem is that, not all countries are using it. In fact, some of them even ban the use of bitcoin.
Well, massive adoption is not instant so we have to wait for that to be realize. Bitcoin is already recognize around the world and the media is a big help to spread the news, slowly but surely we are going to the right direction. |
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Although Bitcoin is the future of currency, I dont think that Bitcoin can replace the Banks. As you know, the Banks have many different missions, apart from the intermediary payment function, the bank also lends money to companies. Bitcoin can't do this
Bank promotes KYC in order for them to monitor their clients while bitcoin does not need any personal information from us, they are different by nature and knowing that our government makes a law to ensure they can monitor illegal transactions and one council they build is the AMLC which combat money laundering, with bitcoin, everything is possible even illegal activities and it might be rampant so the government will still promote the bank as they can control it. |
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For me, you can do both. I mean, half of it for saving and half for investing. Don't put your eggs in only one basket. Bitcoin is also a good investment though.
That's true, it's easy to do it if we make a plan and we know how to execute our plan. Savings is compulsory thing for me because we never know our future, we might need urgent money so at least we have prepared for this kind of situation. On the other hand, we also dream to have a financial success and it can only happen through investing. |
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