It is more risky to invest in bitcoin, we need to accept it compare to investing in the banks because the banks are regulated and their investment options are regulated by the government so there is no expected volatility in their options and they are more stable and more suited to the people who have a low risk type of appetite.
|
|
|
Bitcoin is not just the best but also a must to hold cryptocurrency. It is the main cryptocurrency and the king of all of the cryptocurrency in the overall market and it is like the USD if we will compare it to the fiat money because it is universal and it is the most used cryptocurrency to purchase things from different exchanges so it has more potential to stay for a long time.
|
|
|
Warren Buffet didn't invest in bitcoin because he is not a believer of this blockchain technology and he is so strict with the fundamental type of strategy in investing and he is not satisfied for the fundamental of bitcoin because it is all digital and it seems that it is a scam for him and a bubble just like the previous stocks that he witnessed but we can't blame him because he is so old for this new type of opportunities.
|
|
|
It is because there is a panic selling scenario that the people are trying to get included because it seems like the market of the cryptocurency is just falling down and there is no chance to come back for its market but the truth is, the price of bitcoin will come back and it will become stronger after it cleans the market and get rid of the weak hand holders.
|
|
|
When i say bitcoin is number 1, it means that bitcoin is the king and bitcoin is the ruler of the cryptocurrencies and because of bitcoin, we will have a lot of good expectation in the future and because for being the number 1, it will earn more investors in the future and the number 1 ranking for bitcoin will not get dethrone because it is almost 10 years but bitcoin is still the king.
|
|
|
This is interesting when the government is not concerned with bitcoin while it's been proven that bitcoin can make a lot of successful users and earn a big income, the government should have legalized bitcoin so it can be useful for everyone.
Government cannot just do that even it if it looks like an easy thing to do. Government need to consider a lot of things before they make bitcoin as a legalized cryptocurrency because bitcoin is not just about being beneficial to other people because it can be abused by the criminal also to make illegal payments which is not a good thing for the government.
|
|
|
Cryptocurrency will not replace the fiat money because the fiat money are backed and supported by the government and that is the reason why we can't expected that cryoptocurrency will just replace the fiat money because it is not also a stable currency since its market is so volatile and not the best for pricing.
|
|
|
I'm still optimistic that bitcoin gets up and skyrocketed so the prediction that bitcoin prices will become expensive soon proves, I'm sure that there's still plenty of time and opportunities to make bitcoin skyrocket and not fail.
Bitcoin will not fail and that is almost a guaranteed statement because bitcoin is already in a lot of countries and there is already a lot of people that are using bitcoin and there is no reason for bitcoin to fail since it is not having a negative impact to a country and instead, it is helping the countries to become better because of its technology.
|
|
|
Of course we all have expectation for bitcoin to recover from a huge fall from the price because that is what we expect and what we want for bitcoin to do. We are all experiencing a loss right now and a lot of us want to bring back the losses and make profits so what should we expect? Of course for bitcoin to move up and break the recent all time highs.
|
|
|
Im truly believe of bitcoin can do his price high in the market so i was depending my future in bitcoin, this time im keeping in investing in bitcoin for my future. Bitcoin is my job now when im resigning my regular job that is why im choosing bitcoin for my future.
it will be a big risk to you for stopping in your real job and focusing more on the virtual world but it's all on your choice. That is right, it is such a big risk for quitting your stable and regular job to just get into the virtual world of the cryptocurrencies because like now, that the prices of the coins are really low, it is a sign for the people who are thinking of quitting and going all out on cryptocurrencies to to think twice because not all the times, the market is good for its users.
|
|
|
Of course this is a long process and can not be instant, to be a currency then it takes a long time and massive socialization, but it happens just the opposite because more and more people who hate bitcoin.
That is right that more and more people hates bitcoin but it is not enough for bitcoin to just failed because it is keep on developing and keep on improving to stay competitive to the market of the cryptocurrencies. Bitcoin is such a great cryptocurrency and soon enough we will see a lot of people that will accept and adapt it which make bitcoin as a successful currency.
|
|
|
Because it is now low and that is the reason or signal for them to keep buying bitcoin while it is low because when the bull run starts then the market will just keep on going up and that will become the time for them to experience a lot of profit because the price of bitcoin might be doubled from the current price right now.
|
|
|
Remember when bitcoin was new and there is a lot of people that are skeptical to it but now it is now popular and a lot of people are going with bitcoin because it is like the best investment for them since they can make a lot of money with bitcoin in just a few weeks or months of holding. Bitcoin is still new and it is the future of our financial system.
|
|
|
We are going back to the scenario of year 2014 when bitcoin is really falling down hard and that is like the worst thing to expect for the bitcoin holders and investors right now because there is a lot of people bought bitcoin when the price was above 8,000 USD and now it is going down and down and there is no sign of strong support for the price which looks like a doom month for a lot of us.
|
|
|
Before investing in cryptocurrencies you should know the risks and the possible consequences that might happen to you and to your money when you invest in cryptocurrencies because it is not like the stock market that have a physical company to complain when you lose money because in cryptocurrencies, it is almost all digital.
|
|
|
It is the opposite, bitcoin have more benefits compare to the risks because the risk of bitcoin is only the market which is one of the most volatile type of market in the world but other than that, there is no valid risk for bitcoin but the benefits are a lot like the anonymity and also the fast of doing transaction which is also a secured one since it doesn't require too much private information like your home address.
|
|
|
Most of the College students are really working in bitcoin because they are the one who are well connected to the computer and other stuffs in technology so they are easily attracted to bitcoin and because bitcoin is a source of income and you can use it to make more money then they are taking advantage of that and trying to work by their own to support themselves.
|
|
|
Just take it easy and be calm and sooner in the next few years, we can see that bitcoin will become one of the top 3 largest currency in the world because its market capitalization is keep on growing and sooner than later, we will have massive adaptions from different countries especially the most developed ones in the world that will become the trigger for bitcoin to go to the moon.
|
|
|
Bitcoin is not a scam and it will never become a scam because thee is no like networking or inviting people to get into bitcoin and you will get referral commission or some type of pyramiding scheme that the ponzi scheme type of investments are using. Bitcoin is a pure investment and a currency which you can use and get benefits and not a type of scam.
|
|
|
Bitcoin has a value because the people agreed to give bitcoin a value. When the price of bitcoin is too low, a lot of people are buying it because they have the belief that bitcoin is the future and the other people also believed on that thing and that keeps the price of bitcoin going up until now and we can see that the price of bitcoin is ranging from 7,000 USD to 10,000 USD because of those believers.
|
|
|
|