There is a lot of powerful features in Bitcoin which encourage people to use it instead using fiat or cash and other currencies, for me i like that's decentralized and with so low fee for transactions
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I think after the next halving happening soon this year, the next coming years will be promising years for the Bitcoin's currency. We expect that the price will go up and will be stable as well
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I try to hold bitcoins because it's having a promising potential, and as we know this powerful crypto currency is growing up daily, so we can surely make some earning by holding bitcoins nowadays
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If some population in some determined country use and hold Bitcoins a lot more than the other people worldwide, that's don't mean that Bitcoin itself is destroyed, because in fact that's mean that those people are interested about Bitcoin more than others
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Nowadays i hold some of my bitcoins and i spend a part of my savings , because sometimes we need to pay some bills or purchase some goods or services online, and usually i prefer to pay with Bitcoin.
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That's depend in the price of Bitcoin, if it had a low stable price, i don't think that it will still as popular, but having a high stable price could encourage more people to use it and make deals and trades with it
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You can just split your money, one part on investment other on rainy day to save yourself. At my opinion it's perfect, anyway better to choose smth single.
I share this idea with you, i think too that diversifying the methods to behave with bitcoins is really the best decision, we can spend a part for some bills or investments, and hold the remaining amount.
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Gold in my opinion would be much more safe. However, Bitcoin will give the bigger return.
I think trading Bitcoin too isn't risky nowadays, especially in this period we expect the price increasing after the next halving coming soon. However trading Gold could be profitable too in the long run.
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I guess that Bitcoin is having very promising future, because it's already growing up daily and also it's simple to use, decentralized currency and with very low fee, compared with the other currencies and fiat.
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I use the Blockchain wallet usually , but i use some other exchange services that offer the wallet service as well, like Coinbase and Xapo. I try to diversify the storage of my coins for security reasons.
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I still believe in Bitcoin, and i think that it will be the first used and global currency worldwide soon. That's need some time without doubt, but i think Bitcoin is growing up already and having good future
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We we are all thinking it will be profitable and I also think it will be profitable to be honest, its just a matter of time. Its of course not sure it will but look how many speculators are also saying this...
That's true, already a huge number of Bitcoin's users predict that the next halving will be profitable as you noticed above, so i think it will be for real profitable way for the Bitcoin's holders especially.
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In 20 Years it's expected that Bitcoin will conquer the world, or at least it will become very popular currency used worldwide online and offline as well. So i think holding till this date could being profitable
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I believe that using Bitcoin is a lot better than using the banking services nowadays, because the banking services aren't stable right now and also it's asking high fees usually and it's centralized
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If the Bitcoin's price increase highly after the next halving, that's could being real opportunity for Bitcoin's holders to get rich if they tried to spend good budget and buy nice amount of Bitcoins and hold it
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There is a lot of reasons that encourage us to use Bitcoin instead using fiat and other currencies, for example it's decentralized currency with very low fee and also having a promising potential
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I have now around the 5 bitcoins, with free methods, I spent a lot of spare time to achieve this amount. I gained it all by free methods so I think that is pretty good from myself.
Yes owning 5 Bitcoins from free methods isn't easy mission usually and need long time and hard effort, so i can advice you to hold your coins till the next having at least, so you can then sell it with good price
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I use both : Bitcoin and Paypal, but sometimes i find myself forced to use Paypal because so many marketplaces worldwide still not supporting Bitcoin till now, however i prefer always to use Bitcoin
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I think people used so many Bitcoin wallets for security reasons usually; and also they tried to diversify their coins in so many wallets and store it in more than emplacement. I use more than wallet usually too
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As you see, the Bitcoin is crashing and trying to break a new low until it stop. But I won't sell any Bitcoin at this time, I believe it will rise again as it always do. yes price rises now but you shouldn't sell them anyway, not matter if price is very huge or very small, because of simple reason now, halving people wait for halving now, because it will make price rise to new ATH maybe, and that would be awesome and these rumors are enough for people to buy bitcoins and save them, so you should keep them too Some of them I have kept safe for halving and rest of them I am spending on regular basis on mobile recharge or may be gambling sometimes to try my luck to grow my coins in short term. I share this idea with you, i think that we have to hold just some amount of our coins, and spend the rest because already we need to spend it actually in paying bills and so on.
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