The growth of adaptation of bitcoin really increase in the past years and we can't deny that bitcoin is a lot of popularity today compared to the past years.
But people are just starting to know digital transactions because of the pandemic and not all countries are able to implement digital transactions because of the technology that is not introduced or they don't have in their country.
Probably after 5-10 years, bitcoin will be adapted in a lot more countries, and companies will be interested or consider cryptocurrency to be an asset because of the increasing market price.
For in my country people are just introduced to a digital transaction more like a Paypal, Mastercard thing. And hopefully will introduce cryptocurrency as digital money not just for investment.
We just really need to wait because technological development will really approach from time to time. Also in my country, many people are already using those digital apps or platforms to make transaction, to store their money, and to buy things using it. It is not impossible for our community to engage in cryptocurrency as there are a lot of countries who already did it. |
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Bitcoin is not only a possible source of profit, like what other investors said, altcoin can also be a source of profit when bitcoin don't have any movement in the market. You should also invest on altcoin like Ethereum, Ripple, NEM, and Etc. There's a lot of opportunity in crypto world so don't waste it and explore those new things on your own. If you think that bitcoin is the only asset who are profitable in the market then you are wrong.
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During this bull run, it is really risky to trade bitcoin as it can fluctuates depending on the market situation.
Sometimes people are just excited to trade, they are greedy to make transactions even if it is really not a good time to trade.
Bitcoin has a lot of potential to increase more or to decrease due to its volatility.
But you can really do some analysis in order to deal with it and make trading much profitable during this season.
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Some people are making posts for the sake of the merit which is really not a good thing to prioritize and focused on. Newbies are so eager to have a lot of merits without even doing the proper thing to get them. I mostly posted stuffs here because I want other people to know what I've learned or what I've read in a certain article related to cryptocurrencies and other things. It is really hard to educate other people towards cryptocurrency and blockchain technology they will not understand or appreciate the real purpose of this forum.
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I think it is very possible to surpass the 20k benchmark on the first month of 2021 and it can even surpass 22k benchmark on the first quarter of 2021 if this fomo continues running. But we can't imagine the right price predictions on cryptocurrency.
Say no more, it already happened this December 2020 and all of us were glad about it. Right now, its price is in $23k before 2021 and has a potential to reach $25k before this year ends but there are a lot of things that can happen in year 2021. It is really hard to make transactions with that kind of movement in the market as btc price is really fluctuating and most of us are having a hard time to deal with it. Soon, we should hope for a $30k I know it seems impossible but what can we do? |
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This is one of the hardest decisions in the life of a bitcoin investors.
When bitcoin's price is in a bull run, it is really hard to make decisions, it is really hard to act because there are a lot of possible options to do.
You can cash out and take your profits if you think that you really need it or you need to pay for something. You can HODL if you think that the bitcoin's price has a potential to increase more or much higher. We have different situations in life, some of us do really need money as soon as possible and some are just holding to rely on the market.
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Maybe I will use also bitcoin to buy a product this week and I saw some stores who are accepting bitcoin now and I really like to try to use bitcoin as payment and hoping soon too see a lot of people will use bitcoin to buy a product so the exposure of the bitcoin will grow.
I encourage every crypto user to use bitcoin to purchase a product so we can see a value of the having bitcoin and the others too will encourage to use and to invest it.
Hoping that I can spend my bitcoin in buying something I want, I'm scared to spend my bitcoin due to volatility. Maybe soon, I have a courage to spend my bitcoin to something I really want. I also want to experience buying things with bitcoin so that I can show someone how it works and what are the uses of it. This is really a good adoption, a good thing to show other people how cryptocurrency and blockchain technology helped us to have a faster and safest transaction that we can do with it. |
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Why not just search on Google or some other search engine, like fr these can easily be found on your own :/
The reason why we are here is to teach and enlighten people to understand cryptocurrency and blockchain technology. But it is true that they should have some idea first so that they are not that ignorant when we try to explain something in a certain thread. Also don't always rely on someone, try to explore and make yourself independent when you want to learn more. We are just here to give you some tips, guides, and based on experiences knowledge. |
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I caught covid after following the government guidelines. I think most government guidelines are the problem tbh.
Also this sort of payment requires a regular thing and also stops people wanting to get tested.
Some people are also denying that they have Covid-19 even if they already have some symptoms which is really the problem. To those people who have symptoms, they should never be scared to be tested so that the authorities can take immediate action to that. And for those people who can't afford to become tested, the government should be responsible for that because there's an allocated budget for that. And for the reward system for Covid-free people, I think they don't deserve that because those people who are infected are the most crucial things who needs a lot of attention. |
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what are you gonna do if u have millions dollars of cash ? are you gonna spend it all for ferrari high class car or invest bitcoin for survive ?
It is much better if you invest so that you can have a source of profits in the future. Buying a high class ferrari car is really not a good idea if you are not stable in life, this things is included to our necessities and it should not be the priority. You should know your priorities so that you are focused on what you are doing in life. If you are distracted by other things then probably success will not chase you. There's a lot of opportunity in investing on cryptocurrencies especially in bitcoin. Never waste an opportunity to engage to it no matter what, but if you are not willing, then it is your choice. |
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I believe they are doing it on purpose in order to buy more at cheaper price. I think it's a common strategy for FUDers who just wanted the Bitcoin price to pullback even more. But I can be wrong in my assumptions. There may be others who just completely against cryptocurrencies, but sad to say that they can't take it down that easily.
I knew it, there are people who are really against bitcoin's existence in the market because they only want its price to go low and buy a massive amount. Judging the potential of bitcoin is really not a good idea as it can only make other people hate and doubt bitcoin. But at the end of the day, those people still invest on bitcoin because they know that bitcoin is really a must to invest and it is really profitable in the market. Your assumptions maybe right so you don't need to doubt your thoughts about it. But there are still people who are against bitcoin no matter what happens. |
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Don't be a toxic user here in this forum, don't post if you will only talk trash about bitcoin.
Bitcoin is really popular and doing fine right now, and then you're still there clowning while we are very happy on its bull run.
Never hate what you don't understand so keep your mouth shut, and do something for a living.
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2. Much more institutional investors are flowing into bitcoin.
3. There was a dominance of Asian investors and money in 2017 and now with PayPal, CME, Square more money is coming from America.
4. As TA guys may notice price action of Bitcoin rally 2020 looks more technically prdeictable than in 2017.
These three things are due to the fact that in this pandemic, people are more engaged in to a digital platform where bitcoin is included. More investors already adopted bitcoin in the market and they are really happy about the decision that they've made this years or in the past few years. This year is the much improved new ATH because it really made another history and surpass its past ATH and I think one of the factors into that is the volume of bitcoin investors this year. |
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Anything connected to the Internet can be hacked.
No matter how secured your platform is, if the hacker is really skilled and experienced then you can be still vulnerable to them. Imagine US Authority can be still hacked by those criminals who are anonymous, it is really hard to deal with them. For those who are just a normal person who are surfing in the internet, always be careful and don't put any important information in a platform that is suspicious. |
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Those are answerable based from your belief and stand to the market. If $20K is expensive for you to buy then let it be that expensive. But if it's not, do your thing and don't regret it if you enter late or early. This market is no guarantee for those investors that have a doubt upon investing. You should have already a whole decision before buying and you need to understand that it's volatile. When it's $3k, people say it's expensive, the same with $10k and so on.
That $3k is already not an issue right now, bitcoin already reached $22k this month and compared to $3k that's really a huge difference. People will really not invest in that huge price because when it fluctuates, it can really make them much harder to recover from losses. Let's say that people invested on bitcoin with the amount that they can, bitcoin's price right now is unpredictable due to its volatility and if it increases more, then they should be grateful, but probably bitcoin's price in the end of the year will sink or go back to its price of $15k to $18k. So decide before it is too late. |
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We don't need to beg someone to invest on bitcoin if they are really stubborn and narrow-minded about it.
It is enough that we tell them the benefits, importance, and goals of bitcoin to become informed about it and how it works in the market.
I tried to introduce bitcoin in my family and friends and all of them understand me and they know why I am doing those things. Now, some of my family members already invested on bitcoin and they are making profits right now that bitcoin is in another ATH this month.
They thanked me, and that's really the best experience for me.
Sometimes, we should not force people about something that they are not willing to engage with.
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Right now that bitcoin made another ATH and break his past record since 2017, Do you think that bitcoin is not good to invest and support?
It is acceptable if you don't believe in bitcoin because we have different perspective and experiences towards it.
Maybe you are just not patient enough to grow an investment or maybe you are just unknowledgeable about why bitcoin is profitable or volatile in the market.
Don't worry, there are a lot of people like you, but if you are still willing to learn how to invest and support bitcoin, feel free to do it.
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It is very obvious that they are just using bitcoin to lure people to use this app "Cashapp" just like a propaganda.
Don't just trust those celebrities when they are promoting something such as an app, crypto, giveaways, and etc. This is just mainly using bitcoin so that they can increase their users and advertise their platform. In addition, so that you are also aware, there are a lot of scams which are used in twitter and this people are using popular personalities to lure their victims.
Never trust easily on what you are seeing in a social media platforms.
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It is good to expect and become optimistic about what will happen next for bitcoin.
But did you know that expectation is the root of all disappointments? We can make a plan, a goal, a feasible milestones for bitcoin.
As long as we're making bitcoin profitable right now, we should just seize the moment because we don't know when this will new ATH will occur again. Make actions wisely and be still because bitcoin can still go up, but like what i've said, don't expect too much, don't be so greedy.
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Congratulations to all of us who are trusting bitcoin on its whole potential to make another history.
Now, the new milestone for bitcoin is to reach $25k, by that another history will be written on bitcoin.
We all did it, we are the one who should celebrate because we rely on holding it so well and we showed them how patient we are in manipulating bitcoin in the market.
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