For me, Bitcoin is better than Gold. Why? Because as of now bitcoin is more costly than Gold. Its value gets higher sometimes. Also, Bitcoin is easier to have and be part of investment and earn from it in the future.
Bitcoin is higher than gold, that is true. But the risk that is involved in bitcoin is not as low if we are going to compare it to gold. Gold is a good investment if you are the kind of person that want a safe and best for long term investment but bitcoin is only better for the type of persons who want fast profit and also challenging and exciting type of investment.
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It is possible that bitcoin can be replaced but the question is when? Bitcoin is the stongest crypto for now. Ethereum is second to bitcoin, as i see it. Investing to this two cryptos is I think best thing to do
It really depends if bitcoin problems will not be going to solved then there will be a chaotic situation for bitcoin that it will be going to get replaced by another coin that solve its current problems and that is only when the another coin will take the crown or replace bitcoin to its current place or position so i think that it is best to just enjoy and maximize the things that we can have in bitcoin as long as we have the chance.
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I think the best age to teach children about crypto is age 5 years old above. Because a child at this age is quick to learn everything and when it grows old it will be easy for him about crypto and many of today's studies around the world should a child learn more at the age of five because their thinking is fresh.
15 years old and above is the best range of age to teach cryptocurrencies because if you will just teach them without even thinking if they are in their right age then it will not be a good thing because for me, 14 years old and below doesn't have that focus and clear mindset because they are more into exploring fun things and just enjoying their childhood.
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If this thing is true then this is a huge news for the cryptocurrencies because the russia is one of the huge countries and most improved country in the world and i hope that the other countries will do the same so we can easily expect that the acceptance and adoption for bitcoin will be easier for itself in the near future.
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I'm sure bitcoin will increase as demand and supply for bitcoin will increase and more people will buy bitcoins. As a very profitable coin asset in the future. So this decline is reasonable, because it has become nature of bitcoin
The demand for bitcoin is keep on increasing because of this price sale in the market of bitcoin. People are now interested in bitcoin compare to the other investments because the cryptocurrencies are one of the fastest growing type of investment and there is more future in cryptocurrencies compare to other type of investment so we can expect some increase in both price and demand in the next years.
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Bitcoin can change the world by changing the way of the financial system because if the financial system will be on the blockchain then it will be easier and faster for the transactions to be make and i believed that in the future, more and more people will be trusting blockchain because of the security that is one of the most important in finance.
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If people stop buying bitcoin then there will be a time when bitcoin is lost in the market. But if in my opinion it would not have happened if many countries had legalize bitcoin.
Reality is, there is not a lot of countries that made the legalization for bitcoin and we are just waiting for them to legalize bitcoin and i think that in the future we can expect some people stop buying bitcoin maybe because they will find some better coins out there that has a better feature and technical structure compare to bitcoin.
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Yes they understand while i am explaining about the cryptocurrencies because i don't go with complicated explanation and only simple and very easy to understand. I tell them that the cryptocurrencies are digital money which is like the fiat currencies that we are using but it is only in the internet but the good thing is, they are advanced and very futuristic and have a lot of things to expect like more secured environment.
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Its something new. And if I want to keep it in my wallet for long time, I will keep it as much as I want. And best thing is that you can earn it online, from you're PC. And there is also potential for high price somewhere in future.
Of course that is the best part of bitcoin is the opportunity that we can have in our home and we don't need to go out from our home to just earn money because with bitcoin we can just make money limitless because the opportunities are all over the internet and we just need to grab it. The high price that you are saying in the future, is very possible because a lot of people are in the field of bitcoin which means the demand is high and since the supply is very limited then we can expect at least hundred thousands for the price of bitcoin.
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One reason why I like all cryptocurrencies is that there is an entry time and exit time. So at every time, you need to study when to buy and when to sell. Everything proves that it is entry time and if you wait to sometime, you will not like those who advised you to invest in bitcoin. In short, invest in bitcoin but know the right time.
That is when the technical analysis will come because without the technical analysis, the entry and exit will not be determined and that is the topic that every investors and also traders will study and put their attention first because if they are not putting their attention and prioritizing it then they will just mess all the things up with their decisions.
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It is very risky, my advice we do not have to use 100% of the capital we have. Because if all money made bitcoin, we can not directly used because it can loss if the price is not in accordance with what we want.
I agree to that, that is right that we should not put our 100% of our money into bitcoins because if we will be able to invest in bitcoin then put the safe amount of money in bitcoin, it means that you should just put the amount of money that you are feeling safe to let go because bitcoin is a very risky investment and it takes a lot of discipline and patience before you earn big.
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Buy more bitcoin before the rocket goes up, keep holding on because the price of bitcoin will goes up again once this accumulation stage for the whales is done. Bitcoin price is just keep on going down from the last few days and this is the best time for the price of bitcoin to get up again and make a lot of people get rich with bitcoin and other of their investment in cryptocurrencies.
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If you have knowledge about trading then this is the best way, after that is bounty campaigns and mining.
Trading is indeed the best option to be a source of income in bitcoin nowadays because you can easily make at least 10% of profit from your base capital in just a day and it is better than investing your money in the banks and expect 1-3% per year. Bounty campaigns is also a good option but it requires a high rank in order to get big profits from your tokens while mining needs a lot of budget.
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They are getting paid and because of the manipulators and the whales who are manipulating the market they are paying the media especially the websites in the internet to say some negative thing about bitcoin and in the other side, the media in the television is saying negative because the government didn't want to give bitcoin a good exposure because it will surely have a revolution.
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I don't think that we already touch the bottom because we can still expect some deeper deeps in the market of bitcoin and that is why we should not put all of our money into cryptocurrencies because they are so risky and in any time we can either loss a lot or gain a lot which seems not a stable investment, so just put the amount that you can think that you already lose it.
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In my opinion i think you should think better if you have a great job and a good source of your job is not advisable to quit your job you can go bitcoin as a sideline manage your time to your job and in bitcoin if you have enough money then you can choose between your job and this crypto currencyworld.
I agree, just manage the time in order to fit in to those opportunities because it is not a good advise to just quit the job if you are in a good job with a good rate of salary because in bitcoin you cannot sustain that since the price is volatile and all of the source of income in bitcoin is not permanent so it is better if you will do the same thing, just learn how to do time management.
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My price prediction of bitcoin is not that high because based on the chart, i see a pattern which is like in the year of 2015 and i think that the price of bitcoin will be like in the chart of 2015 that it will become boring but in the next few years, we can see some huge step up for bitcoin and that is possible since we already got a lot of attention and people in the cryptocurrency world.
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There is no chance for another coin to take the crown from bitcoin because the amount of the users and also the volume and the number of the population of the community of bitcoin is unbeatable and that is why there is no chance for any other coin to take the crown unless they will have a bigger community and also bigger market capitalization.
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yes i think this is possible, there are so many investors and users that depends on bitcoin. as of now the price of bitcoin is the most expensive one. bitcoin is now well known to most countries but there are also countries that ban bitcoin but i dont know the reason why they ban it. the importance of bitcoin is increasing and the future of bitcoin is rising.
The popularity of bitcoin is keep on increasing and that is the reason why the price of bitcoin is pumping but right now, the price of bitcoin is dumping but we all know based on the history of the price of bitcoin is, the deeper the dump of bitcoin, the higher it will go up again like the 70%+ dump on the price of bitcoin is easily get changed by an enormous pump.
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Bitcoin is not over and there are still a lot of things to get excited with bitcoin in the near future. The price of bitcoin is just dumping and experiencing a bearish market and there is no reason for us to panic just because the price dropped, keep calm and keep grinding hard in bitcoin so we can get more bitcoins and if the price of bitcoin goes up to 20,000 USD again then we can just get a huge potential profit.
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