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It is very obvious that the answer to this question is yes, because we are bitcoin users and we all know and experienced the goodness of bitcoin in terms of investment because it helps us to grow our money without even noticing it because of the fast growing price in bitcoin which is more profitable than the usual investments that you will ever see.
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Because of the high price of bitcoin, those people who bought their bitcoin for a lower price has already made a lot of money by just holding their bitcoin and that is the advantage of having patience in investments just like in bitcoin because the price of bitcoin is almost always moving up so if you buy some bitcoin now and hold it for a lot of years then you can be the next millionaire.
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The price of bitcoin spikes because of the hype of the news about BIP91 and now it is going down a little bit and giving some time to buy more bitcoins for the upcoming next hype after the august 1st which is the real deal in that month. If you have a lot of patience then you will see that the price of bitcoin will easily get into $3,000 or even higher for the next months.
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This is true that bitcoin reduces unemployment because bitcoin price is moving up and the salaries that made in bitcoin goes into a higher value which is better and one of the reason why other people are getting into the world of bitcoin because of the potential to earn a lot of money by just doing simple tasks or doing freelance job.
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Real money will not disappear just because of the cryptocurrencies because in fact, they will merge and they will become together for our world to have a better financial system which makes almost all the transactions faster and more effective than before and that is why cryptocurrencies and real money will still exist and not of them will disappear.
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I will wait for july 31st because in that date, i will see if the price of bitcoin will rise or not because i will base on the hype so i can make fast profits from buying and holding it for a few days but if the price will go down after i bought it then i will just use that bitcoin in trading so i can recover my loss from buying at the top.
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It just takes at least 3 days before i starting getting some profits from crypto trading because i learned it so fast since i am doing it on an actual mode and i am always listing all the mistakes that i have done so i can avoid it on my next trade.
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The best source of knowledge for me in trading is youtube because it is very easy to understand the content since most of the videos there are step by step, meaning they are guiding your from the very small detail to big detail and that is how you can make money in trading. If you have patience in watching a lot of videos there then you can easily understand the art of trading.
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If i were you, i will just go with bitcoin because it has more potential in the long run compare to ethereum that having a hard time in their security because of the different virtual criminals like hackers and so on. that keeps damaging its images that is related of the trust of the investors. If you want a safe cryptocurrency with a very low rate of getting hacked then go to bitcoin.
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We should use bitcoin because it is an opportunity for us to earn more money in investing our real money into bitcoin because bitcoin has this thing called volatility and that is an advantage if you are a smart user because you can easily do trades to earn money without waiting for a long period of time like what most of the scenarios in stock market.
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I just wanted to make money because a lot of people that keep telling me to grab the opportunity in bitcoin because of the possibilities that i can earn a lot of money from bitcoin or any cryptocurrencies because of their volatility in their prices that most of the trades took advantage of.
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I owned more than 20 bitcoins that i bought at the year of 2012 and to be honest that is only the leftover from my investment because most of my bitcoins are sold when the price already reaches $3k price mark and i am just waiting for the dip ranging from $1.5k to $2k and i will buy back again.
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Just save money first and just keep it safe until you come up with a great idea
That can be used your money in order to grow it like having a business
Or investing on stock market or cryptocurrencies that are good for long term and so on..
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It is up to you, if you will cash out your bitcoins or not because that is your own money or bitcoin and all in charge is you. Before you cash out all your money from bitcoin, ask yourself if you really need that money or you want to spend your money into something really worth it like having a business or buying the things that can improve your productivity.
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Bitcoin is good for online transactions like paying bills, services or shopping, you don't need credit card or even much of your information will require..in bitcoin it's not just money security but also your identification... in addition holding bitcoin is like having investment without doing anything coz it's volatility that you get the chance to earn additional income...hoping that more establishment will accept bitcoin as a mode of payment in the future
There is no impossible thing for bitcoin and that is very attainable in bitcoin because if you heard the latest news about legalization of bitcoin, the south korea already made bitcoin as a legal currency so there is a high chance that other establishment and countries will accept and make bitcoin as a payment method. |
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Hello everyone, my name is Marco and since 2015 I know the Bitcoins topic.
I earned Bitcoins in Taringa.net (most famous argentinian page) publishing articles and getting visits. Thanks to that, I bought a good computer,
I had 1,5 bitcoins. It's not too much, and that's why I wanted you to tell me how you earn Bitcoins... mining, tasks, etc. What do you recommend me to earn money or Bits everyday? Thanks you! Do trading so you can grow that 1.5 bitcoins in a short period of time maybe just a few months you can double or triple that amount There is also a lot of opportunities to grow or make more bitcoins with that 1.5 bitcoins just explore this forum and you will see what i'm talking about. |
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I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?  The only thing that affect the price of bitcoin and other altcoins are emotions. All of the people who invest, trade or what, they all have emotion which push them to do something and because of the late august 1 split fever, most of the holders or investors just panic because they think that the bitcoin will get fucked up and that is the proof why emotion is the main factor for affecting the price. |
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Well i have cashed out my initial iv estment and
I am now left with the profits which are mostly
Lying dormant as a long term investment.
I do have a small portion traded into other alternative
Currencies and trading hopefully to make some gains.
Personally I would not have cash out, as the saying goes nothing ventured nothing gain, whatever my initial investment was I will be willing to risk it all if there is a good chance that bitcoin becomes more valuable in the future, by cashing out you have limited the future profits that you could get. Correct, I'm forcing myself not to sell bitcoin any more. In the previous years, I would sell my bitcoin for small profits then I lived a big regret for this. I missed huge profits. If you hold, you're the king guys. Never forget this. There is nothing wrong in selling bitcoin. If you want to sell your bitcoin then sell it, there is nothing wrong with that. I already sold some of my bitcoins, why? because i want to buy something that will give me happiness and that is why i work in bitcoin to be able to be happy by buying the things that i want. |
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People are so many in this world and the needs of bitcoin will not be sustainable base on the number of supply of bitcoin. What is the sense of having no bank and just bitcoin if we cannot secure our money fully in bitcoin? Because it is online and there is always a risk in online and banks is needed in almost all of the traditional transactions and we cannot just make banks disappear so it is very impossible.
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You can't tell and me either, we can't tell on how long could bitcoin last
It is all depending on the people who are using it and also supporting
Bitcoin can last for at least hundred years if the presence of people are still there.
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