Yes, this is why many people still hold bitcoin since a long time ago, and I know that they were making a lot of money in December last year, and when the price is getting dump in this year, I am sure that they can get much of bitcoin and then hold it again like before. I believe in bitcoin, and I am sure that in the end, bitcoin will increase higher and gladly, I still have some bitcoin and I waiting for the next highest price. Maybe this year is the best year for people who want to invest their money because they can buy a low price like in the past and they will get a big profit in the next year.

I think that's exactly bitcoin and Ethereum ,it is said on the stock exchange "blue chips" .It is unlikely that when investing in these coins you will lose money on a long term.But there will also be projects that can bring you more profit,but it's more risky

yes you are right you must be careful with fake exchange places and make sure you can find information about the exchange place when you want to sell or buy cryptocurrency using your capital.

If you have enough experience, you can trade in the falling market and be profitable. If it was not profitable, the crypto would already have gone to zero.

Too right. In my early days starting out I was a lot more subject to panic trading because I had not experienced certain price movements etc. Having gone through that I used that experience to learn when's best to buy and sell and how to better control my emotions. Panic selling is always induced by something and in some scenarios it may be the right decision for certain people because we do not know their circumstances. As for what's the right decision in the long term and excluding real life commitments and circumstances then only on a very rare occasion will someone make the best decision by panicking and in those times it will almost be entirely down to luck.

Yes, bitcoin is indeed an investment. Holding your coins and letting the price of bitcoin rise is a good tactic. Let bitcoin do its job and get more until you have enough and get your own content. selling altcoins and buying bitcoin is a good idea. I am sure and optimistic that the future of bitcoin will continue to increase so that by investing in bitcoin we can get big profits, which makes me sure because more and more countries are legalizing bitcoin .

Yes, I agree that it will be a new era of development with all the advantages of a cashless society. But I don’t think so that will ever happen. Think about the poor people or illiterate ones, who cannot understand such technical things and cannot even afford to buy smart phones and a good internet connection; both of which are perquisites for using Bitcoin. A lot of work has to be done before countries can fully shift to cryptos.

If the op is telling the truth, that means that he’s losing about $7k or $8k of his money cause the price of Bitcoin is down to about $6,500+ now 🤨 I can’t do that, if he chose to that’s his own business. Whenever I buy Bitcoin I begin to monitor the price to see where it’s heading to whether up/down. Once the price is getting down, and if I can’t take the loss I’ll withdraw immediately.

I think that the ETH will grow. But for this, the development team needs to work hard and introduce the innovations that they promised.

He somehow came to a conclusion that if something doesn't physically exist or doesn't represent another physical thing, it has no value. This is simply untrue.
People are buying online games, game accounts, avatars, items like cs:go skins, ingame currencies like wow gold. All these things have value and are exchangeable for fiat money and other physical goods. You can literally exchange a cs:go skin for an iphone or an IBM share if that's what you want.

bitcoin may not be a legal "currency" in most of the  world but it is legal "something else". for example in US it is a legal commodity. as long as it is not illegal the growth will easily happen because it doesn't matter much what the government calls bitcoin. in the end bitcoin i still the same currency and continues to be adopted. that is the point of a decentralized currency anyways.

This really not recommended, selling his car for bitcoin is ok but not doing work with the hope that one day bitcoin will rise to $500000 should really  be avoided, keep you regular work as usual, you can alternately invest your saving or any money which you do not need currently in bitcoin or any financial market, volatility is very high in such markets to each step is to be taken carefully.

While bitcoin will be very manipulative and speculative, it will not be a national trasure. Bitcoin and cryptocurrencies need to continue to be cleared of scammers. I think in a few years the market will be not as good as now but better.

I bought yesterday when the price was 180 USD, and now it is 205 USD
not bad for 10% profit, indeed for now the price of ETH is very cheap, therefore I dare to buy a large amount this time
may have to wait for other good news to monitor the movement of the ETH 

yes maybe, I think it depends on the bounty hunters themselves. sometimes the bounty hunter saves the results of the ico campaign for a long time. because they believe that the project is good for the future. but there are also many prize hunters who immediately sell the coins they hunt, after the market has just opened. I myself also worked as a gift hunter, what I did when I got results was to hold and wait for ico to go up and sell it.

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