the major reason why newbies fall victim to fuds from the whales trying to manipulate the market for there own gain, only weak hands panic sell because an experienced investor will never listen to fuds and panic selling.
not all beginners are like you said, especially those investors who are beginners before going down to the crypto world they first learn how to get profits and the risks that must be faced so they are mentally prepared and they are ready to take risks. |
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The current price of Bitcoin is actually better than its previous price back then but I don't think it's the best time to sell since there would be better chances to sell especially when the price strikes high again. But we could sell any time depending on the profit that we'll gain. The market is in a better state so I don't see any reason to fear selling.
Right i agree with you bitcoin is now up 21% and there is a possibility the bitcoin price will go up again, so to sell bitcoin at this time is not a good option. You are better off holding bitcoins and selling them when the price has hit a peak. |
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now everyone who has a lot of money has invested in bitcoin, even large companies have adopted a lot of bitcoin, this is a sign that bitcoin in the future will be more expensive, every job has the risk of investing in bitcoin and has a high risk, so you must be smart to read the market.
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The reason for this question is "The Standard for Deffered Payment".
If I want to buy goods worth $2000 and the seller offers a Deffered means of payment. I can pay $1000 and in later months pay the balance of $1000.
Can this happen with BTC, if not now but in the future.
Maybe I want to buy goods worth 0.2 BTC, I paid 0.1BTC, in the later months can I pay the balance of 0.1BTC without paying its equivalent in fiat?
Thank you.
It can be said that the presence of bitcoin has reduced the online transaction system, more and more online sites accept bitcoin so I'm sure without cash bitcoin will continue to survive. I agree that bitcoin will survive even without fiat as currently many companies accept bitcoin and as you said on online sites have started to accept bitcoin, this is a sign that bitcoin will continue to exist even without fiat. |
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some people still believe in elon musk even though they curse elon but there are also people who really hate elon, so not everyone hates elon musk there are still people waiting for elon musk's tweets they believe that elon's tweets are still effective to increase the price of coins.
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I agree that a lot of people between their 20s and 40s understand bitcoin and digital currency investing. Parents over the age of 50 are more likely to believe in real-world investments such as restaurants, food businesses, or clothing sales.
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everyone is afraid to buy bitcoin now maybe they are afraid the bitcoin price will not go up again if the bitcoin price goes up then many people will regret it like in 2018 no one bought bitcoin but in 2019 everyone regrets whether something like that will happen again this year ?
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why choose, aren't bitcoin and fiat as important as fiat is important for daily transactions and bitcoin is more precisely used as an asset for the future so in my opinion to choose between bitcoin and fiat depends on the holder whether to invest or to spend for basic needs.
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If the buyer and seller don’t mind before the transaction, I think it’s acceptable, because BTC is directly used to set the price of the item, not based on the price of the legal currency, then if the BTC fluctuates, whether it rises or falls, the remainder The amount will need to be paid within the specified time.
what about the bitcoin fee if it is used in daily shopping whether the price of bitcoin paid includes the fee or what if the fee is more expensive, is it possible to use bitcoin as a daily payment. |
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I have an eth coin in my wallet in 2017 I didn't sell it because it was cheap after three months I forgot the coin I had because I was busy with office work so yesterday I checked my asset wallet it increased many times I'm very grateful.
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China banned bitcoin miners but I'm surprised my friends in China are still holding bitcoin and until now they are still investing in other coins like ETH coin, so I asked if this issue was intentionally created as some kind of Chinese drama banning bitcoin and when did the price drop they bought large amount of bitcoins try to imagine if that really happened,
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for me personally bitcoin is the king of other alcoi so the king really deserves to be a favourite, why do i say bitcoin is king because i see every bitcoin price goes down all other alcoins also go down and vice versa if the price of bitcoin goes up the price of alcoin also goes up so i conclude bitcoin is the king, do you agree with me? give positive comments.
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You can trust both!
You dont need to choose since both things can really be possibly for you to engage on without needing to focus because you do really need both specially fiat.
Even if we do hate up centralization but still we are heavily dependent in fiat and other centralized institutions and we cant really deny such thing.
Dont focus on one because even how hard you do believe on crypto, fiat would still remain no matter what.
We think that fiat bank is more safe and reliable since it has centralize control but still its not 100% secure. Like for example we have a big holdings inside the bank and unluckily time comes that the bank declare bankruptcy then sadly we cant claim all the money we have on that bank. Unlike crypto that is decentaralized we have all the controls and mostly has bigger chances to gain more profit on our long term holdings. Sometimes banks declared bankruptcy with notice and some people can't take money with having a lots of Fiat In Bank but cryptocurrencies fully control on mine and anytime we can withdraw our assets with huge amounts of profits if we hold cryptocurrency for longer periods. In my place, I rarely find banks going bankrupt, but I don't know where you are. Personally, I believe in both fiat and btc, but for long-term investments I believe in btc for fiat, I only save for daily savings. |
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what I know is the decline in bitcoin because the government in China prohibits bitcoin and many bitcoin holders sell their assets because they are afraid the bitcoin price will go down, that's what I know is the cause of the bitcoin price going down for now,
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Both currencies have their respective advantages. fiat currency is still very popular for daily transactions, while bitcoin is used by the upper middle class, they prefer to store their assets in the long term, so I conclude that these two currencies have their respective advantages.
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apabenar agan hanya menfaforitkan coin bnb saja tidak dengan coin lain seperti coin ethereum misalnya memang sekarang banyak yang suka dengan coin bnb karena seperti agan katakan fee bnb lebih kecil dengan fee eth tapi tidak selalu fee di ehereum juga mahal ada saat saat fee di ethereum juga murah coba agan cek sendiri.
menurut saya baik koin bnb dan eth adalah koin terbaik gan. Memang belakangan ini bnb menjadi semakin populer karena mereka memiliki blockchain sendiri dan fee transaksi yang kecil dan kecepatan transaksi yang cepat. Membuat proyek ico menggunakan platformnya. Platform eth juga bagus apalagi sekarang fee transaksi semakin kecil gak seperti dulu yang mahal. benar gan eth dan bnb kedua duanya bagus tapi untuk saat ini banyak yang sudah beralih ke bnb karena pengaruh fee murah dan cepat transaksinya, kalau eth untuk sekarang juga sudah mulai murah fee tapi kalau banyak transaksi maka fee di eth akan mahal karena mereka yang masuk ke platform eth pengen transaksi cepat jadi mereka memasang fee yang mahal itu yang saya ketahui. |
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China banned the circulation of bitcoin but until now bitcoin still exists, a country as great as China prohibits bitcoin but bitcoin persists this is one proof that bitcoin is strong and bitcoin will not disappear forever.
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there.are so many people who don't understand about bitcoin and how it works.therefore we need to shed light on how bitcoin actually works.for a business process that is very, very profitable.in its.business processes.for our lives in the future, and not there.is another.negative opinion.towards the crypto world
it is true that there are still many people who do not understand bitcoin in depth but people know bitcoin is just a name but do not know the use of bitcoin. if we explain to them then surely they will understand the use of bitcoin, I try to explain bitcoin to my friends and they are easy to understand. |
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Of course Bitcoin still be a favorite choice for all classes of people because In coronavirus pandemic situations all people are in lock down and they are interested themselves in passive income and Bitcoin a good source of passive income.
I agree that during a pandemic like this we all don't leave the house and are required to work at home so investing in bitcoin or other alcoin investments is the best choice, if I only work at home join bounty hunters to get coins. |
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It's really a tempting period for Bitcoin investors considering the constant dip we have been experiencing for a while. I was once adviced to sell my coin when I had an issue that needed money urgently but I objected it took me quite a long time to hodl and loosing them now isn't a healthy idea at all.
If I sell off my coin I might not be opportunied to buy back the coin at the exact rate I bought the previous one and had to come to a concrete decision of not selling my coin no matter the consequence. Yes it's going to be a different story if it turns out negative but what if it turns out positive. Vertually everything about life had two faces been the negative outcome or the positive there is hardly any in-between and so for me I rather take the risk and face what ever comes my way in the near future because risk is a necessity as far as investment is involved.
If it turns out positive certainly the joy would be all mine and certainly a portion of it would be rubbed on people around and if it turns out the opposite direction then I bear my loss alone. It's really my cross to bear and making this decision was out of a deep quite time I had while I was wondering if I go ahead to cash out or I maintain my hodl and from all indication I just have to maintain my hodl till I get my reward no matter the manner it would appear.
I salute you holding on to your stance holding bitcoin under any circumstances but I don't agree if you have a family of children or a hungry wife or they are sick and you have bitcoin assets but you don't sell them it's not a good idea. |
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