Madalas may tinatawag na swerte pagdating sa crypto pero paalala ko lang sa mga bago at nagbabalak maginvest sa crypto huwag manghula or magrisk ng basta basta. Bakit ko nga ba ito nasabi siguro hindi na ito bago sa mga matagal na sa crypto at maaring nuong nagsstart palang ang iba nating mga veterans na ngaun, (sa crypto ah hindi matanda hehe) maaring naghula hula din sila sa start , ako man ay guilty rin dito subalit sana huwag na itong gawin ng mga bagong papasok sa crypto bagkus ganeto ang inyong gawin: - Iwasan hulaan ang pagiinvest, magresearch at kilatisin mabuti
- huwag madaliin ang move mo risky ang bawat pagpasok natin so dapat calculated lalo na kung gusto mong kumita
- karaniwan kasi satin once may nakita tayo na sinuwerte, natapat lang gusto agad nating maging ganun, your time will come kaya wagkang magpanic
- Tiyagain mo ang pagaaral sa coins na iyong gustong pasukin, dahil kapag naipasok mo na yan, lalo kung malaki halaga, maaring iba maging effect sayo lalo at pagnagkamali ka,
Hindi nawawala ang swerte, at hindi karin makakuha ng malaki kung hindi ka susugal pero dapat ay pinagisipan at inaral mo rin, sa crypto hindi pwede ang kutob lang, kasi kapag ang kutob mo sumablay kasama mong magugutom pamilya mo, kaya maliban sa kutob gamitan mo din, research, para mabackupan ang kutob mo, kasi mas malaki ang chance ng nagresearch na may kutob pa, kesa sa kutob lang. nagawa narin ba nyo dati ang ganun style kinutuban , at kumita, pero ung next na kutob nyo naubos funds nyo? or natalo sa pinasok? Naalala ko dati noong nagsisismula pa lang ako sa cryptocurrency at Bitcoin ay medjo aminado ako na hula hula talaga ang ginagawa ko dahil wala pa naman akong masyadong knowledge at nagaaral naman ako kahit papaano at nagreresearch pero in the end hula hula lang din naman ang ginagawa ko. Madalas ay nagrerelay din ako sa mga youtube links or influencer kapag marami ang may gusto at maraming positive feedback. Which is wrong dahil marami din sa mga influencer na ito ang bayad ng mga projects para ipromote ang kanilaang project. In the end ay malaki talaga ang nawala saken dahil sa paginvest ko sa mga ganitong project, pero natuto na naman ako na sa pagkakamali ko kaya bago maginvest ay sobrang maraming research muna at kahit positive na ang mga feedback ay kelangan pa rin ng magandang signal. Kaya kahit ngayon ay Bitcoin lang at mga blue chips ang iniinvestsan ko dahil masyadong risky ang ibang mga coin kung titignan. Sobrang hirap kung aasa lang tayo sa swerte at magririsk tayo sa mga hindi sigurado gaya noong mga nauso dati na mga meme tokens. |
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We just don't know how the market of Bitcoin is going to react in the next coming months so the always better strategy here is to dollar cost average, But yes for sure 25k$ is better than buying Bitcoin at 30k$ is much lower and give you a good discount on buying Bitcoin, I mean we cannot really predict the market price of Bitcoin we don't know if it is going to continue to drop in the next coming months, buying when the market price drop we should increase our buying power, probably there are some investors that continue to buy when the price is 25k$ then stop when the price drop to 25k$, I think that was just nonsense since when the price drop we should buy more because we are going to buy more volume.
I mean I would still continue to buy in fact I buy more or let's say buy an extra every time the market price of Bitcoin drops a certain percentage then I buy continue my dollar cost average buying a small amount every 2 weeks. Just to make sure I still buying because the price was just unpredictable it could easily skyrocket at any time.
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Be Decisive with Your Coin
Hello,
When you can make appropriate and credible decision quick that yielded proper result you are considered to be decisive. Making or taking a good decision in cryptocurrency cannot really be oversize. It can be considered to be the bedrock on which success can be built. I could remember when I made hasty and uninformed decisions with my coin and the effect it really has on me it was not a pleasurable one.
Has there been anytime you made a proper decision with your cryptocurrency or improper decision, what was the decision you took and was it successful? Do well to share your experience with us and possibly lesson we can learn From it as the saying goes ''experience is the best teacher" Although "Knowledge can be the principal in the school of experience".
In addition, If there are possible decision you know one can take that would be of benefit feel free to share.
A lot of us probably makes a lot of mistakes when we are just a beginner or we just started trading or investing in Bitcoin and cryptocurrency, I mean it was pretty normal to make mistakes especially if you are just a beginner but just make sure to don't let that mistakes happened again, always learn from your mistakes but what is better is to learn from other peoples mistakes so that you can avoid making mistakes or bad decisions. At some point you're going to make mistakes but you could lessen than mistakes you make and avoid losing money if you already learned from other people, I mean we already have the forum and when I just first started in cryptocurrency I actually learned a lot here and members also are trying to help me, also I help them as well sharing my experiences. I would say that we are pretty lucky knowing this Bitcoin/cryptocurrency forum because it is just the best. My advise was just to make sure that you have enough savings something like that, that you could use before even starting in cryptocurrency because this is a risky investment if you didn't have some kind of savings you just gonna end up selling your cryptocurrency at a bad timing or at a lose because you need the money for an emergency. This actually work in my experience now i just continue to accumulate Bitcoin and aiming for the next Bullrun without worrying because i can sustain my self with my other incomes. |
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So, four days ago this very uncle of mine called me saying that he's now interested in investing some money into bitcoin. And I was like what happened! I thought you rejected the idea when I introduced it to you months ago.
Guess what he said, "well I did thought about it recently, and did a few research and decided I should give it a trial like you advised I should".
Now this how the whole gist originally emanated. I had this long section talk with him about bitcoin more than 8months back of which he rejected the idea of investing with whatever amount he could use as a clinical trial of the digital currency for like 6months or 1year to see for himself the benefits of bitcoin but he refused and afterwards I never brought up the discussion again to him. But to my greatest surprise he called me on phone to come to his house, on getting there he shared to me about his interest to invest in bitcoin with the sum of #4.8million of our local currency, an amount that is worth around $6k based on current exchange rate.
Although it's not the story that intrigue me to share this info to the community but it's mainly the lessons I learnt from it that did, which I'll believe a lot of bitcoiners needs to know even as they talk to people about bitcoin. Which are:-
1. Give people time; they will show interest when the time is right for them. Their timing may not be same with yours, if you've done your own job of talking to them about it, then that's fine.
2. The amount of energy and time you expend preaching to someone about bitcoin is not a warranty that he will accept what you're offering. Maybe not immediately!
3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they get online can strengthen their conviction about what they've have been told.
What do you think about this?
I mean it's a good thing that he wanted to actually start to invest in Bitcoin but just make sure that he understands what kind of investment cryptocurrency is because probably the worst thing is they are he is going to blame you if he loses his money on investing, so make sure that he completely understand Bitcoin and cryptocurrency and he actually knows what he is doing. Also, he seems to invest a big amount of money advise him to not make this kind of investment if he still doesn't have some kind of savings account or fiat money that he can use whatever time he wanted, something like backup money in case of emergency to avoid selling his Bitcoin in case some emergency came up on him. Most of these kinds of investors just have very high expectations of Bitcoin thinking that they are going to earn a big amount of money in just a very small amount of time which probably not going to happen I mean it's possible on the Bull market because all of the altcoins just continue to skyrocket, but the market still has its cycles which probably going to take years to accumulate before we reach the Bull market. |
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Ayun, Nagpapanik na ako kung bebenta ko BTC ko ano tingin niyo guys?
Dapat na ba ibenta ang BTC ngayon? Na hawak natin or Hold pa?
Pag majority sainyo na dapat paki explain naman ng side ninyo na gugulhan na ako. Medyo matagal ako hindi nag phone or batad sa BTC news and all kung baga lay low from social media and News. Kaya di ako makapag isip kung benta ko na or hindi. Sana my makapagshare and advice T_T . Seryoso guys.
Personal opinion ko kunin ito at ilagay sa ETH kaso baka mamaya biglang taas naman ang BTC pero baka mamaya hindi kasi base mga issues at balita ngayon.
Normal lang ang mga drop na ganito sa Bitcoin para saken lalo na ngayon na walang masyadong movement magkakaroon talaga ng mga drops and para saken ay good thing ito dahil magkakaroon at dadami pa ang papasok sa Bitcoin dahil mabibili nila ito ng mayroong discounts. For sure personally talaga Bitcoin ang iniinvesant ko halos 99percent ng portfolio ko ay Bitcoin lang siguro mayroon akong maliit na percentage ng altcoin pero sobrang liit lang mga tiratirang pera lang na napagtripan ko na iininvest sa altcoin, Pero kung Bitcoin or Ethereum ang usapan sa tingin ko pareho naman silang okey dahil kapag tumataas ang Bitcoin ay tumataas din naman ang mga altcoins lalo na ang Ethereum dahil isa ito sa mga Blue Chip sa mga cryptocurrency at pangalawa sa mga na sumusunod sa Bitcoin kaya hindi malayo na malaki ang chance na sumunod ito lalo na sa Bullrun, Sigurad masmataas ang profit sa Ethereum pero masrisky ito kumpara sa Bitcoin. Ang mahalaga lang naman dito ay planohin ang pagpasok at exit mo sa market, siguro ay kelangan mo ng savings mo dahil natatakot ka sa mga ganitong pagbaba ng presyo, bago ka maginvest ay siguraduhin mo muna na mayroon kang sapat na savings para hindi ka nakadepende sa investment mo na source ng income mo. |
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50 - Asuspawer09 Thank You!  |
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Rank: Sr. Member
Bech32 address: bc1qmg2pgu8wvjavcds673gp5y87z4elvnu6vq4547
Merit earned in the last 120 days: 34
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I know that the reason why we need to tell people about bitcoin is to spread the awareness of bitcoin,so that more people will adopt bitcoin so that it can be recognised and use by everyone just the way fiat is used. This will make bitcoin value to increase due to its volatile nature and the price is been controlled by demand and supply. Bitcoin is limited in number as we all know that we only have 21million bitcoin.
I have been wondering as a newbie with little knowledge on bitcoin that how is it possible for everyone in the world to own some fraction of bitcoin with the limited number just like the way everyone is using fiat. Is it that these 21million bitcoin will be enought to serve the world with a total population of 8.1 billion because I know that we have whales who will buy a huge amount of bitcoin and just store it in their wallet without using it,just the way the rich men and politicians keep so much funds in their account or at home without spending it. I also notice that one country can't print the currency that the whole world is using but various countries printed their own currency. Another thing that I noticed so many investors prefer to holdli their bitcoin which might make it not sufficient for everyone.
My question is that is it possible for everyone to have bitcoin with the number of limited supply of bitcoin ?
Probably not everyone is going to own Bitcoin in the end because for sure the market price is just gonna continue to skyrocket that just make Bitcoin difficult to buy, But for sure Bitcoin is for anyone and anyone can own Bitcoin, as little Bitcoin as they wanted they can own it maybe each individual can own 0.0000001 so its still possible, the only question is what going to be the market price of Bitcoin since the main goal is to accumulate Bitcoin because we know that in the future Bitcoin is going to be difficult to accure so its better to accumulate now while the market price is still manageable. It's just how the nature of Bitcoin is there are only going to be 21 million Bitcoin that are going to exist so obviously it is just limited, plus there are some people who own more than one Bitcoin in their wallet, if demand continues to increase market price is just gonna skyrocket. |
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Nagbabala ang mga pulisiya tungkol sa play to earn scheme, kung saan nallure ang mga victims sa pagaakalang kikita sila ng malaki subalit sa huli ay nasscam sila or nanakawan, inihalintulad nila ang strategy sa axie, subalit hindi nman nila sinabi na scam ang axie, pero ito daw kasi ang nagging business model or strategy ng iba para makahikayat ng mga manlalaro. sinabi pa ng mga kinaookulan na maari ngiinject ng malware ang ibang games habang nagiinstall ito, kung saan dito na mananakawan ang mga victims. Marami nading games ang natag na scam, kung saan nagkakasuhan pa. Ang masasabi ko lang dito ay wag maginvest ng malaking pera, dahil kalimitan tlga ay ganeto ang mga model nila, eenjoy nalang ang mga laro na libre, at kung maaring may maearn man ay okay lang. Isa pang masasbi ko dito ay huwag gumamit ng main wallet sa mga ganetong games, or magbackup, o gumamit ng ibang device para dito para hindi madamay ang ibang funds. Narito ang balita tungkol dito sana ay maging aware tayo at magsilbi ito para magingat tau dahil mahalaga at ngspend tau ng pagod sa ating mga kinita or investment: https://decrypt.co/152787/philippine-national-police-issues-warning-against-play-to-earn-crypto-gamesanu ang masasabi ninyo tungkol sa balitang ito? Malaki talaga ang naging apekto sa atin ng mga play to earn games lalo noong era ng Axie infinity dito sa Pilipinas for sure ay maraming mga kabababayan nating Pilipino ang mga nalugi at nawalan ng pera dahil sa pagiinvest dito, mayroon pa nga akong kamag anak na tito ko na nadale din ng Axie Infinity nakwento niya lang saken ito na nalugi siya ng halos 100k dahil na pinangbili niya ng isang team sa axie dahil akala niya ay malaki ang itutubo neto. Sayang dahil hindi ko alam na naginvest siya dito sana ay nabalaan ko siya sa mga panahon ng axie ay expected ko na talaga na babagsak ang presyo ng slr dahil hindi maayos ang economy nila ay hindi ito sustainable, nakadepende talaga sa mga pumapasok na player ang mga kinikita ng mga players so kung walang papasok na player ay babagsak ang economy, at kung magpumasok man na player ay dadami lang ang player na makikithati so kailangan na masmaraming player ang pumasok kung hindi ay bababa ang presyo neto. Sana ay natuto na ang mga kababayan naten na hindi madali ang kumita ng pera siguro marami talaga sa ating mga kababayan ang gusto ng quick rich scheme kaya popular talaga ang mga ganito lalo na sa ating bansa which is dapat mabago ang mindset ng mga ganito nating kababayan, lets be honest ang mga play to earn games ay pyramid schemes, dahil nagpapaikot lang sila ng pera dito, yes madami nagsasabi na nilalaro lang nila ito dahil gusto nila, pero hindi ako naniniwala dahil totoo naman na panget ang mga laro if cocompared naten sa mga laro like dota 2, valorant, counter strike etc na inaabot ng taon bago madevelop. |
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I got notified few minutes ago on the sudden drop of -11 % bitcoin price and I also noticed same thing also affected other altcoin, while in a post they said of price surging within 72hrs that is to say that from now till 20 August we might see a potential Green and may cross above 30k within the next 3 days.
But to my surprise seeing that bitcoin already gone below the predicted price, although I can't still argue the fact that price can be manipulative and something positive could hit the market and, instantaneously changes direction just as it did happen now. Such effect could like happened to bitcoin and the price might dip more or surge more.
What is possibly to happen in the market, more dip that's seeing below 20k or something similar?
And is this another sign for bear market?
It's a really quick drop, I mean if Bitcoin drops a certain percentage altcoins always drop as well it's almost like altcoins market price is always dependent on the Bitcoin market unless there is some major news to a certain altcoin that is where it wouldn't go on the flow of Bitcoin in my experience. I mean all of these are just predictions so there are always speculations that are floating around and they might not be accurate for sure, Bitcoin market price is just unpredictable I mean if we can predict the market for sure we are all rich by now. There are always going to be winners and losers in the market. To be honest it's kind of expected since the market is sustaining around 30k$ which is really surprising we really need a deep like this so that a lot more investors are going to be encouraged to go in as well. For sure we might drop up to 20k$ but for me, it's going to be a good opportunity I mean if you are aiming for the Bullrun it's probably in the next few years, so this deep is just child's play. |
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Bitcoin address: bc1qmg2pgu8wvjavcds673gp5y87z4elvnu6vq4547
Merit earned in last 120 days: 34
When can you start?: August 24
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Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
I mean yes for sure it is going to be worth it they actually like Bitcoin technology or they are open to this kind of thing but I guess when it comes to older people it's kinda like they are even harder to convince to this kind of thing I guess it is just because they just already have there own mindset and know already what they need to do so opening their mind or just being open minded to this kind of new thing is going to be difficult for them. Also there are always opportunity in the market so its always open for anybody, its a good time actually since the market drop and we could buy cryptocurrency in a discount. It is worth making conversation since they already have the capabilities to just jump right on to the cryptocurrency investment or could be the opposite as well so it probably depends on who you're talking to. I mean its a little late actually for them to actually invest because they are already old still they could probably still invest for there next generation but for themself its probably too late since they are already old. |
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Noong una medjo duda talaga ako dito sa Maharlika, Oo kung titignan naman naten ay makakapagsave ka talaga ng pera dito pero kahit ganun ay risky pa rin ito dahil hindi naten hawak ang pera naten at wala tayong control dito at ang gobyerno ang bahala kung saan nila ilalagay ay perang ito. Obviously isang scheme naman talaga ang mga ganito tulad ng mga sss,philhealth, etc. pero ang kinagandahan lang dito ay mayroon itong batas so mandatory ito sa mga nagtatrabaho. Kaya makakasigurado ka na mayroon kang makukuha kahit na ung mga binayad mo dati ay wala na dahil maraming parin ang pumapasok at naghuhulog dito kinda like pyramid lang talaga ito.
Pero kung titignan mukang magiging okey siya kung ipapasok ang pera sa cryptocurrency, since mandatory ito makakasiguro tayo sa long term ang investment nila hindi lang naten alam kung paano nila imamanage ang pera pero sobrang risky neto lalo na kung mayroon palaging maglalabas ng pera dahil sigurado ay malaki ang mawawala kung ganun ang mangyayari.
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We all believe in Bitcoin but is it going to stay forever? probably not but it's still Bitcoin that is why we are investing in it hoping that we could make a profit from it, Looking at cryptocurrency there are a lot of cryptocurrencies that are already dead just because it just doesn't have any kind of use or value, but looking at Bitcoin its always a different story, and even today there are already a lot of platforms that already supported Bitcoin even banks allowed cryptocurrency on there platform which I think is a big thing considering in the past years a lot of discussions happened that cryptocurrency and Bitcoin are going to end banks.
Still, even though we all believed in Bitcoin this is still a very risky investment, I mean cryptocurrency is a new thing for a lot of us and even though it been around for many years we are still not sure what is going to be the future of cryptocurrency If someone could just crack the code of Bitcoin, it could easily end Bitcoin, there are a lot of factors involved but things could easily go wrong, we just don't know maybe war could end it. Like other members says there was no guarantee the bitcoin is going to last forever So it's still risky so make sure to always take your profit.
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At first I want to use this medium to introduce myself, I'm a Smartgoat and I have being studying the futuristic of Bitcoin and finally I have developed a hundred percent love to Bitcoin.
I have be wondering why people are queuing up in Bitcoin, then I began to ask if Bitcoin can make provision of food in our table. Because many people I know testify of Bitcoin and after I made my research concerning Bitcoin, I found out why people are comfortably investing in Bitcoin, is because it's a decentralized currency. then I have to come with the idea that Bitcoin can make availability of food in our table when we learn and understand the basic things of Bitcoin especially understand trading and long term investment of Bitcoin.
I think with trading they will be a provision of food in our table, when we understand the rules and regulations of Bitcoin, I don't know if this my concept can make a provision of food through Bitcoin. But I'm well convinced that with this my views over Bitcoin investment and trading it will provide or sustain human, if profit are been made. I know that Bitcoin should not be dependent on, and we suppose to make Bitcoin our side hustle but with seriousness on Bitcoin investment and trading, we can achieve a success.
For sure investing in cryptocurrency and Bitcoin could possibly give you a huge amount of profit if you do it right, so yes Bitcoin can provide food in your table, But still compared to other investment out there cryptocurrency and Bitcoin is way too risky so there are still some draw backs even though Bitcoin is an almost guaranteed investment, Also You can just make Bitcoin your only source of income, maybe you can but it is just way too risky and it is going to be stressful, I mean i know some who do daily trading in the cryptocurrency market, I mean I do it as well back in the day but it was really tiring you could probably earn a good amount of money daily with that but not every day you could make a profit, so most of the daily investors just switch to long term investment or only do trading if they are really sure that they are on the right timing and they are going to make a sure profit because of some information or news. Bitcoin is a great investment and I really think that it is for long-term investment because holding it for the long term just lessens its risk of losing money, Holding your bitcoin surely is going to give you a huge profit if you know what you're doing. So just make sure to have the knowledge about it and for sure Bitcoin is going to reward you in the Bullrun. |
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In the past months, we already reach 31,000$ price as its peak and there was already resistance there, I think it was because of the XRP news that hype the market and pump the XRP market price as well, So we already see that the Bitcoin market could easily achieve that kind of market price, Probably 40,000$ is going to be the next one and I was hoping it could easily be reached before the end of the year, It was already evident that the end of the year was always where the market price pump so probably on December we can expect another pump on Bitcoin that its possible to reach 40,000$ and i think because of the Bitcoin Halving hype a lot of investors are going to jump righ into Bitcoin at that time, I mean it might not happened but for sure the Bitcoin halving hype is going to kick in in the end of the end or probably the next year around 1st quater, in my experience your gonna need to accumulate more at this time because when the hype started a lot of investors are going to sold there Bitcoin for a quick profit for sure.
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Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins and do other things like message signing will be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
I mean that wouldn't be necessary I mean there was no special treatment for newbies having their own wallet, and there was no perfect cryptocurrency wallet, but if all you want if information about the cryptocurrency wallet your lucky because you are in this forum, everything you need is already here to on starting your cryptocurrency journey so if you want a Bitcoin wallet I would suggest Electrum Wallet but there are still a lot of walletss out there that you could try just make sure to do the research about it, In my opinion, it is the most suitable and safest wallet for newbies, it is also easy to install I didn't really experience any issues on years of using it, you could just follow this instruction to Safely download and verify your electrum [GUIDE] How to Safely Download and Verify Electrum [Guide]. I suggest continuing to learn more here in the forum, When i was just getting started choosing a wallet was actually difficult i mean it was just so complicated and everything was just new to me but if you're really interested in cryptocurrency and Bitcoin your gonna need to learn it and do it on your own. |
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I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.
Bitcoin already has this bad image on a lot of people around the world, for sure Bitcoin is used in a lot of illegal transactions through the past years, I mean it is actually a tool and its just Bitcoin's nature of being decentralized is somehow reliable to a lot of scammers, criminals, etc. out there. We can clearly see it in a lot of articles, news, etc. where Bitcoin becomes always a big part of illegal transactions. Even though there are a lot of allegations if you already know Bitcoin or what it is you know that Bitcoin is not what people think of it. But through the years Bitcoin adaptation was already skyrocketed and there are already a lot of platforms, banks, and governments that are already supporting cryptocurrency and Bitcoin because they already know the potential of it, for sure there will be a lot of them that are going to be a part of the next Bullrun so everyone would want a piece of that, I mean there is still time since the market is still holding on a current market price, for sure when the market price pump a huge percentage a lot of investors or whales are going invest again, I don't know if big companies are already buying today but maybe in the coming months were already going to see a huge increase considering there are already more people who know cryptocurrency and Bitcoin. |
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Hello everyone,
there's a lot of discussion about an impending economic crisis. I'm curious about how Bitcoin will perform during this crisis. Will it function as a safe haven similar to gold? Or will its value decline significantly?
what do you think ?
Potentially this could easily be a safe haven actually since as we notice the market price of Bitcoin or if we check the Bitcoin timeline we could easily see that the market price just continues an incline and continue to increase over the years, with the increasing demand of bitcoin and the huge bitcoin adaptation around the world we could easily expect that the market price is going to huge in the coming years, I mean it just the nature of Bitcoin or how it was structure with just 21 million supply and the increasing demand this is probably going to be a huge safe haven actually, I mean one thing is the inflation, with just investing our money on cryptocurrency or bitcoin we could potentially bypass the inflation which is already a big problem around the globe. It might be similar to gold that holds a value, I mean it was already compared to a lot of gold or even called digital called in the past years, but still, this cryptocurrency or Bitcoin is still a new thing and possibly be the future so there was no guaranteed that Bitcoin is going to hold its value on the economic crisis. I mean last time when there are news about war the market price drop a huge percentage so possible it could be the case in the future as well. |
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