No it's not to late to buy bitcoin actually the price of bitcoin now is low in the market. It is the chance to buy more bitcoin to get big profits in future when the price is pump again.
Buy low sell high, that is the simple rule that we should stick in order to make big profits in the future because if we will not have a solid plan and rule to follow then everything will fall apart and your goal will just look like an impossible thing to you and you will experience doubts to yourself. |
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We should not lose hope just because the market is really going down, let just think in a positive way rather than thinking it on a negative way because we can see this bear market as a normal phenomenon for the market and after a few months or weeks of waiting, everything will be alright because the bulls will comeback and beat the bears in the market.
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The future is always great for the cryptocurrencies because we are now in the era of the technology where we are just getting started and when things get heat up then it will be a very good time for cryptocurrencies to have a booming market because of the potential adoption and investment that can be made by the big investors and big players from the technology industry.
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Blockchain is much more than just the technology behind Bitcoin. Blockchain is a paradigm shift in the technology layers of the world that we live in. There are many use cases or applications of Blockchain in real world.
I agree with your point of view, technologies are growing up faster than crypto, so I hope that in the future blockchain will be used in many operations in our everyday life. Of course it will happen because we are now in the phase of this era where the technology are slowly getting into the daily lives of the humans and we are now testing and slowly but surely adopting and changing the way on how we live on a daily basis because before we used to do things manually but with the technology it is now more on technical. |
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Keep hoping for the best for bitcoin because the best things are yet to come in the future and we should not worry about the things that are happening to bitcoin right now since it is not that big deal for us since we already used to this type of situation and we all know what to do which is to hold and keep believing to bitcoin.
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Bitcoin has the safest system because it cannot be hacked and those hacks news about bitcoin are only the exchange and not directly bitcoin and that should be a warning for us to not trust the sites or websites that we use to store bitcoin and we should have our own wallet like paper wallet to keep our bitcoin safe from the hackers around.
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No, people buy bitcoin to make a profit, they can only sell their bitcoin for an interest. What's wrong is if they sell bitcoin when the price goes down. Selling bitcoin when the price goes down does not save your money but you will incur a loss, all you need is to be patient and wait until the price goes up again then sell.
It depend of setuation because bitcoin is rising and plungng the price so that people hold the bitcoin if the price will goes down that is normal of investors because if the price will goes up people will sell because investors think that enough the profit but others sell but save the percent of bitcoin for the future. That is right because it all depends on the situation, when people are in an emergency and they need a quick money to pay like for example, hospital bills then they will go sell their bitcoin and it will become a stupid decision if they will sell bitcoin without any valid reason for a very low price and accept the loss that they have. |
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Things you should know before investing in bitcoin
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
Before you invest in crypto you have to understand crypto itself, do not just look from the profits but that needs to be noticed is crypto is unstable and full of risks. That is a good point because investing and going into cryptocurrency is not a joke and you should be serious and you should be working hard in getting a lot of information and use it to make a new idea that you can use as a tool or as a basis on your journey so the results will be more positive and fruitful. |
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Bitcoin died a lot of times and we are all calling that bitcoin is dead in those times but bitcoin proved that we are wrong in a lot of times and that is a good proof that bitcoin is not like the other cryptocurrencies that it is weak and doesn't have a great foundation for the price and we should be faithful in bitcoin and always keep holding.
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I love my Ledger Nano for long term storage for bitcoins, eth and eth tokens that I won't touch for the next 6-12 months.
I also have a ledger nano s hardware wallet and i don't encounter any problem with it by using it and it is one of the best hardware wallet that i have ever used because i was using trezor before and i didn't feel any satisfaction because of the fewer coins that is being supported by the hardware wallet and now i am happy and satisfied with ledger nano s because of the more coins supported. |
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Theoretically is can be happen, because most power of btc network states in China.
Аny contradictions in the world and China can be mix their power to make 51% attack
It will not happen because in order for bitcoin to become centralized then the china needs to modify the coding of bitcoin to change something and make it accessible for the other people especially the people in the government to slowly control it and do something about bitcoin that will give them benefits and also profit. |
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It is obvious because when the market is down then the market is really punishing us and it is giving us a huge loss for our holdings and that is not what we like and we want to have a market that is going up so it will continue to give us profit either short term or long term because the only matters here is the sustainability and stability of a strong market.
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Bitcoin needs to improve its blockchain technology and put some new features about bitcoin so it will be so competitive and so advanced compared to the other cryptocurrencies in the market so there will be no chance for the other altcoins to overcome or surpass bitcoin so the thing that we will think about is going to the moon and not thinking about any dump.
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Bitcoin didn't fall. It is more likely a reset so bitcoin can give a chance to the people who didn't invest in bitcoin back then so they can grab the chance now and put their money into bitcoin and hold it for a few years and see their investment in bitcoin that it will go really high and that will become the reason for their success and all of them will be buying lambos.
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Real bitcoin believers always believe to bitcoin and they don't ignore it just because everything not goes according to the plan, if you are really into bitcoin then you know that you should just hold bitcoin and just have a lot of patience because the market of bitcoin might have a comeback that you will regret if you will just ignore bitcoin and sell your coins.
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We can't determine the actual number of people using bitcoin because that is impossible to go around the world and ask every people if they are using bitcoin or not because there is a lot of people who uses bitcoin and it is not enough to measure them using the number of bitcoin wallets because it is so easy to create bitcoin wallet so there is no way for me to measure the actual number of user of bitcoin.
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If you bought bitcoin within 15,000 to 20,000 USD then it is a stupid decision to sell bitcoin right now because it is not a good idea to sell since you already lost a lot of money and you should just hold or put your bitcoin into other coins to lessen your loss by acquiring more bitcoin so the value of your holdings will go up and you will worry less about the price of bitcoin.
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now is the right time to buy some coins because the price has dropped enormously. so it's not too late if you want to buy some coins. now is the right time to buy coins and we keep in a long time to wait for high prices back. all investors will do the same as us.
That is right, buying different cryptocurrencies in the market beside from bitcoin is the best because there is a lot of altcoins that are on the accumulation zone and anytime they can pump high enough to give us at least 50% profit which is not bad for a short term trade or they called swing trade. So what are you waiting now, buy crypto. |
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You should know that bitcoin is a very volatile cryptocurrency that can give you a lot of profit in a very short time and it can also give you a very huge loss in just a short time after you have invested your money in bitcoin so you should know the risk and only invest the amount of money that you don't care if it will go to zero.
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I don't think that i need to prove them wrong because i don't need to do it because in the first place i already know that they are wrong since the cryptocurrencies are enough to prove them wrong because there is a bunch of ideas in the cryptocurrencies that can make the world better and if they are telling negative things about it then i will not force them to get into it.
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