In fact, this is not the right time to sell because the prices of all coins are very low at this time. If we sell at this time then there is a possibility of a big loss. We have to wait and wait because the bitcoin will increase in the future and it will touch the moon, we just need to be patient.
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I think investment of all our savings in cryptocurrency is not correct, because their price goes upward & downwards at any moment & if price of coins or tokens came down then definitely there will huge losses. However, this is not necessary because the future of the cryptocurrency is very bright and positive thinking about cryptocurrency has started growing in peoples.
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In fact, blockchain technology has a lot of potential but it is limited to only a few areas. Well the world is already digital. Yes it is so much that the world is becoming more and more digital and it is possible that in the coming time, blockchain will be integrated into almost all areas, because this technique is very transparent, low cost and more Is effective
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I believe the crypto currency is very good, but due to the ups and downs of the crypto currency market, we should not panic and be distracted. Rather it should be trusted, and should wait. The crypto currency, especially the bitcoin, is the strength through which we can easily get what we want. But I think we should not be too emotional in the business of Bitcoin,and should move slowly, which is very necessary, so that we can always benefit.
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Actually, there are different kinds of misconceptions about crypto currency in India, and people are not fully aware of it, but research is continuing on this. There is speculation that the Indian government is also planning to make his own crypto currency. And one reason to ban crypto currency in India can also be that, negativity about crypto currency is very high in people here. Nor so much publicity on here about it and very few people know about it. And due to this ignorance, economic loss was possible, so the Indian government banned it.
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I think Bitcoins are very special, because it is controlled and managed by you only. And the second reason is that Bitcoin is the most unique coin in the middle of the other coins in crypto currency. There are many things that make Bitcoin so special. As we know, it is very cheap and easy to make transactions through Bitcoin. And according to me, Bitcoin will be the answer to the financial system in future.
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The intention of the Indian government to make its own crypto currency is a positive step. This means that crypto currency in India will not be restricted. That would be a good step, and also a good news for developing crypto currency. Because if the government adopts a crypto currency, then I think this will encourage the concept of crypto currency as a decentralized currency and it will be of great benefit in future.
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Bitcoin is a digital currency. However, the presence of digital currencies is a matter of controversy in many countries and many countries have made the Bitcoin currency valid. There we can buy small things like cold drinks or pizza by Bitcoin, and the Japanese government authorized Bitcoin also as a legal currency to do digital transactions.
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In fact, as much as I have read, and have to go that nobody knows properly about Satoshi Nakamoto. It may or may not be, but I think it does not matter who they were, we should just thank them that they have made such a better invention. That if it is done with full dedication and hard work, then in life easily be improved.
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As we all know, crypto has become very unstable. Therefore nothing can be said about it. But the way we are all seeing today, the number of people who likes bitcoin is increasing day by day,and this is the reason that in the next 5 years, Bitcoin will have high acceptance across the world. But the regulation on crypto can be difficult. if more acceptance and value increase are actually is possible. So the coming time will be great.
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According to me, the biggest problem in crypto currency is a large number of shitcoins. As we have seen, in 2018 many ICO projects turned into a scam, which can kill crypto currency and also a big threat for crypto currency. And that's why crypto currency is still illegal in most countries, and will stay banned also in near future.
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I think Bitcoin is a popular name in itself and this will get even more fame in the next 5-7 years. Because as we are seeing, people have begun to take an interest in it and also understanding it, that's why the followers of Bitcoin is increasing daily. Therefore it is not necessary to re-brand it or change its name again.
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I think Bitcoin is part of the technology, and in the coming time it will be a part of our life. But Bitcoin can not be considered as a fourth industrial revolution, because its main objective is to be a posture, not to be revolutionary. And anyway, only 15-20% people know Bitcoin. Right now, it has to go a long way, but yes it can not be denied that the desire of bitcoin is growing rapidly among the people. But it is hard to predict,that what will happen to crypto currencies in the future, they will be in existence or will last for a long time. If this happens then certainly Bitcoin will lead all of these.
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This is the truth. That here is nothing can not stop bitcoin and i agree with it completely, because bitcoin is a reliable crypto currency. And besides this it is a very durable crypto currency. Bitcoin is growing very fast on the global level, people's interest is increasing day by day in bitcoins. And as we know that governments of many countries has been valid it, then how can anybody or anything stop Bitcoin?
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