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Bitcoin is real. If you buy some Bitcoins, you can exchange them to other currencies, and eventually purchase some goods. Or in some cases, you can purchase goods directly in Bitcoins.
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I believe Bitcoin will survive in the long term unless a vastly better technology replaces it. Slowly and gradually everyone will accept it and world will never be the same forever.
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It will (and is) failing because it’s too volatile.While the price is fluctuating in large swings, it’s impossible for bitcoin to be considered a viable currency.
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Has Bitcoin price touched at least the $50,000 level? Then no - it’s not too late. You can still make a profit of it. Bitcoin itself is not a bubble, the speculation makes the trading a bubble.
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Bitcoin isn’t designed to be the world’s currency. It’s designed to be a market-based competitor with other cryptocurrencies of various types that compete for acceptance.
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Best strategy is to hold your investment for long term and avoid risk at all times.
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90% of those who are talking about death of bitcoin are the same people who are trying so hard to buy bitcoin when it drops a small 5% so that they can accumulate a tiny bit more. The rest 10% are the newbies who fall for the 90% FUD and are scared of the situation.
Newbie in crypto market must be affected negatives news. They panic with false news and selling their bitcoin. I am believe big investor will investing their money on bitcoin with lowest price and they can do anything including making FUD I second that mate, this was me few months back and i learnt the hard way. But I collected useful knowledge and after that everything changed for me. Now I analyse the market and then make my move.
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Buy and hold for minimum 1 year and sell for profit. Do not fall for cloud mining scams & other double your bitcoins scams. Bitcoin once sent cannot be returned over.
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Yes definitely Bitcoin is an asset and it has proved in the past and will prove in the future for sure.
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A Bitcoin investment is defined as the process of buying Bitcoin to make a profit in the future. For example, people who bought Bitcoin in 2014 has made huge gains today.
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Lets not lose faith on Bitcoin because as it will not collapse ever.
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Yes i completely agree with Bitcoin will never ever die for sure.
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Yes, because Bitcoin is the only reason the other currencies exist right now. Most of the audience aware about Bitcoin that any other. So no need to worry about it at all.
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Bitcoin will die in a situation where there is a substantial loss of belief — the same way that the dollar, euro or any other fiat currency will die when there is a substantial loss of belief. From my opinion this is possible only when the every person on the earth stops using/investing in the bitcoin and which is nearly impossible.
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I am still trying to understand why you say bitcoin has failed because, in my books, bitcoin hasn’t failed at all. Yes, it has been called a bubble, a scam, and many other names but it has the promise of the future. Bitcoin is a pioneer and historical cryptocurrency in earth.
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To be honest Bitcoin is struggling at the moment with the world to accept it globally. It's a major concern and some countries are not allowing it to be traded and that it's way too harsh on Bitcoin. I won't say it cannot be but slowly and gradually it can as it got huge potential.
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Yes no doubt about the future as it is a amazing concept and blockchain framework. People are getting aware of what Bitcoin is and they are gathering information about it now a days. It has got huge potential to become the future of currency.
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There is no fixed time that the market will be alright at the end of 2018. You never know these ups and downs as the markets are highly volatile. It's impossible to speculate with 100% accuracy about the markets.
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Bitcoin will not crash to zero at all ever because market will keep on growing with ups and downs. I am not very sure about the crash though.
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There are many investment strategies but some of which are most useful are: 1. GOING LONG - First buy and then wait for long time and sell. Investors makes profit by buying at low and selling at high. 2. GOING SHORT term First sell and then buy. Investor makes profit by selling at high and then buying at low. Generally people short when market is going to turn bearish and goes long when market is going to turn bullish. Shorting is more riskier and as well as profitable if you are strong enough to bear risk, go with short term.
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