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My investment strategy is pretty simple, i learn the basic stuff about the investment at first and i study about it for at least a month and when i already understand what i am trying to get into then that is when i will put my money to it. In cryptocurrency, i read the whitepaper and also i do research on the team to verify that they are legit.
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I don't think that they are foolish because if they are foolish then they already made a lot of loss out from their investment but that is not what is happening because the bitcoin is really doing well and the only foolish thing that is valid to call you if you put your life savings in bitcoin with the belief that it will go up really fast and it will double your money like within a week.
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It won't happen. Even though the 21 Million bitcoin were mined and used in the whole world. This price is exaggerated and will never happen but the price will surely be huge than today for sure if bitcoini will be use around the globe.
If the cryptocurrency will be on the golden age where people are so much attractive to cryptocurrencies then i think that the demand will be so high and it can bring the price of bitcoin to at least 1 satoshi to $1, it sounds stupid but just imagine that bitcoin only have 21 million supply and we have billion of people here in our world and how much more in the future. |
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Those who are selling bitcoins are the people who doesn't have guts to hold bitcoin for long term and they don't believe in the potential of bitcoin so that is the reason for them to sell because they think that short term is the best to make profits but they didn't realize the chance of making tons of profit if they will just have patience and wait for the price to get on the top.
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Some government has already banned bitcoin but they never could stop.people from using bitcoin.People investing many ways of earning money.VPN is a popular way of using bitcoin and avoid government rule.Government really can't stop us using bitcoin.Also if we convert it to fiat then withdraw then government won't find us anyhow.So I think it's impossible for government to wins over bitcoin.
They will freeze and seize Bitcoin when they give the "ban order" How can they freeze or Ban bitcoins ? Bitcoins are available online and anyone can access them. Even if government blocks the trading / online Wallets sites, people can still use VPN and remain connected with bitcoins. This is the main reason why no government has not been able to fully control or stop the bitcoin usage. We know that we can do that but it is risky for the bitcoin or cryptocurrency users to use VPN because they get caught then they might get into the jail which is not a good thing to experience so the other cryptocurrency users that are in the country that the crypto is banned, they moved out and choose other to live in other country which can help them to worry less. |
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It is a great thing to see that the price of bitcoin is going back up and i believed that we will enter the price of 10,000 USD to 15,000 USD in just a few weeks so if you are not yet holding bitcoin or if you don't have any bitcoin then buy now and thank me later because when the price goes up really high like reaching new all time high and you didn't bought even at least a quarter of bitcoin then you will regret it a lot.
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I need money for financial problems and being independent is really cool 'cause you can buy all the things you've wanted. But the important thing is you can acquire knowledge about cryptocurrency by learning and reading in this forum, it's a additional factor success. I take this as a opportunity so i've been involved here in crypto.
This forum, our forum, is like the sacred site for the cryptocurrencies because all of the things that you can think about cryptocurrency is here, the information, the community, the discussion and also the opportunities that might give you a chance to earn bitcoin, ethereum and other cryptocurrencies which is the reason for me to get involved in crypto because it gives me a lot of hope for the future me. |
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Bitcoin or Real Money
Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.
When bitcoin will be accepted for payment in various stores, the situation will change dramatically. Cash can lose its popularity. It still depends on the performance of bitcoin if the people will use it more often than cash because even there will be a lot of stores that gonna accept bitcoin as a mode of payment then there will still be people that will use cash compare to bitcoin because they might have some issues with bitcoin like the fees and the time that they need to wait for the confirmation of their transaction which is not existing in cash, so i think at the end, cash will still own the majority of the popularity. |
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I'd rather choose to ignore them than joining in their debate with their minds not open to any kind explanations. Many of these bitcoin critics or haters lacks knowledge on a cryptocurrency they are hating or criticizing and others are really want to destroy the virtual coin deliberately by spreading malicious accusations and other FUDs. These people have the right to express their own opinions and nothing can stop them from doing it but expressing an opinion that seek to destroy a person or a product is no longer acceptable and that is already below the belt.
I agree with this that it is better to ignore them and just let them talk what they want about bitcoin because when bitcoin reach another new milestone or big achievement then it will make them eat their own words and bitcoin will prove them wrong and that is the best way to make them feel bad of what they are talking about bitcoin. |
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It depends on the demand in the market and also the belief of the people who are in the bitcoin world, if they believe or see some proof that bitcoin is gone from the bearish market then they will start to buy bitcoin since the bull run will come and that will give them a nice profit by just holding it for a few weeks or months, depending on their term.
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It is not about what level you are in to just get some education about cryptocurrency because you can still get into cryptocurrency even though you are not in high school or you already pass on high school because internet is always there that you can use to do some research and to learn how to do deal with the cryptocurrencies.
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If the government will win over Bitcoin, a lot of people will be disappointed because some people start to have this investment for their future; thus, it will be their lost if Bitcoin will be gone.
That is true that a lot of people will become disappointed to bitcoin because they are all expecting some good things about bitcoin in the future and if the government will just ruin it by stopping bitcoin then it will result for disappointment. Government should not do that and they should just support bitcoin so the progress of having a better and futuristic world will become faster. |
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If you want to become victorious in bitcoin then you should learn how to gather more and more knowledge because that is what you need in order to be unstoppable in almost all aspects in this world. If you have a lot of knowledge then you cannot be fooled and you know what to do and what are the things that you need to avoid. So keep learning everyday so you can become victorious someday.
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because of its freedom, yes, bitcoin is very vulnerable to use for illegal activities and it could harm the state and the government would not agree it. because there is no limit to bitcoin transactions, the user can use them for any transaction, including illegal activity.
That is true that bitcoin is more prone or vulnerable to be used as a gateway for doing illegal activities but the countries and their governments are already making some actions or preparations in order to minimize that risk and they are doing it by launching regulations or limits to the user of bitcoin so the abusive act will not occur. |
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It depends to the owner of bitcoin if he taught one of his family member about managing his bitcoin and if he taught for example his wife then his wife can just open the bitcoin wallet of the owner and she can just transfer it into a new bitcoin wallet and because of that, then the bitcoin will not become lost because it is still accessible.
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No, even the richest people in the world did not just have automatically have the knowledge to do with BTC or how this things work, they also engaged to it little by little until they get the concept, as anybody, they can learn things as long they are willing to.
Yes that is right, it is all about willingness and once you have the willingness to work hard and have patience going through the difficult times then that will lead you to have more and more possibilities and you will probably learn the things in such an easier way. Even the oldest person can learn bitcoin if they will just have the willingness and of course patience. |
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Bitcoin is indeed a good investment because we have seen the pump of bitcoin from the past few years and from now and even though bitcoin is on a big dump from the price of it back in december, we can still say that bitcoin is sitting on a good position because its price is still so far from the price from the year of 2016 or even earlier than that.
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of course not, bitcoin will not destroy the world, bitcoin technology is created because it wants to make a solution to alleviate the financial condition in the world but if you talk technology all the technology like a double-edged sword which means it could just destroy the user so there is no harm in being cautious.
Yup the technology is for a solution and not a destruction so instead of thinking about destroying the world, why just stick to the positive part and always be optimistic because being positive will bring more positive vibes that will make things better with bitcoin we can make more inventions that will help the world change for the better. |
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A lot of bitcoin users are afraid of the government because the government have the power to ban the cryptocurrencies since they are the one who is controlling the country because of their orders or laws that they made and because of those things that they can do then they create threat for bitcoin and that is the reason for the users of the cryptocurrency not only bitcoin to be afraid to them.
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Bitcoin will not destroy the world and in fact, it will help the world to become better because of the blockchain that the people can use in order to create more good things in our world like make things easier like Artificial intelligence that is powered by blockchain so it will be more secured and safer compare to the other type of AI.
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