Do you need to convince him before investing into what you know will bring you profit at the end of a certain period? Investing in bitcoin is just for your own good and no one else therefore waiting for your uncle to give you go ahead to do what is good is a waste of time if really you understand the investment you want to venture into.
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Btctalk name: ahiaba.john@yahoo.com Rank: Member Current post count: 317 BTC address: 1Gcw3nsngFpWym5KiktcnB8zMq8pYCN678 Wear appropriate signature: Yes Wear avatar: No
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One hand it may be a time to buy and invest more into cryptocurrency because of low rate but in other hand people sell to me up with immediate needs since it their properties. We use use what we have in other to stay fit instead of borrowing from people. This mean not all that sell, sold because fall in price of bitcoin.
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I personally hold both my bitcoin and altcoin simple to play save in the case one is down then I will used the other to recover it. The ratio of bitcoin to altcoin I invested is 2:3. I think invest in both altcoin and bitcoin is very good.
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Though what is happening about the market rate of bitcoin is a very usual thing to any market. It could be down today and tomorrow it could go up again. However, the rate of bitcoin would pick up again very soon since most of the negative news about it is dropping gradually. For example, facebook recently lift up ban on crypto currency ad and so on.
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The most bitcoin friendly nation still remain the developing countries of the world, for example African countries. They neither ban nor make it legal but the uses of bitcoin is well acceptable without restriction.You can easily found a place in the major cities of these countries where you can do exchange, transact business and so on.
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I think price dropping is not as result of people selling off their bitcoin but it could be because of negative news surrounding bitcoin which are not true. People sell their bitcoin to meet up with some of their need which is inevitable but not always because the price rate is dropping.The last time I sold some of my bitcoin was as a result of my immediate needs and nothing more.
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Everybody are looking for a way to be thickly rich, however investing in crypto currency could be one of fasted way to make it big when it come to investment. This are people thought and they have really seen some one who have made it in trading or holding crypto coin. No one want to remain poor and so on. People would do all they can do to make sure they invest in crypto market either by selling their properties and so on.
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Anyway this is a good news but I am not surprise at all for university to accept bitcoin for tuition fee this is because bitcoin is real and it is expanding beyond peoples expectation. More and more companies would follow the same steps by accepting bitcoin as a medium of exchange for goods.
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As long as governments of the nations want to remain relevant, mean Fiat would continue to be in existence but that does not mean crypto currency spread over the world. I think the existence of Fiat make cryptocurrency more natural than artificial.
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I think the trial time for bitcoin and crypto currency is coming to an end and that will mark the beginning of market booming. Very good news indeed and I strongly believed that all other countries that have partially ban crypto will reconsider and make bitcoin and other altcoin legal.
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Definitely all altcoin will not survive but some out of all will remain in operation. This is simply because, there are so many fake or scam atlcoin in circulation now but by their fruit we shall know them. Be vigilant and get to know them very well before investing into it.
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The stability we need in cypto has now come and that is very interesting for me and all the bitcoin holder. Now people can invest more and be comfortable with their investment. Thought it may have affected some people negatively but with time they will recover all their losses.
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Bitcoin offer a lot of benefits to the users all over the world. It bring about financial freedom where a very poor person get rich from a little they invest without the knowledge of the people around them. Another one is transaction made easy without bank exorbitant charges and so on.
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This could be a very good strategy to make it very big in cryptocurrency. Information like this is very helpful to some of us that new in the market of cryptocurrency and that will increase our change to among to those that have much gain in future. Good strategies!
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The theory in the economy is beyond the discussion in this forum. Whatever we discuss here in this forum is mere application of economy but theories in economy is very much and that will require us to go to university to get specialized in that.
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I think the questions you should have consider is does your own country accept cryptocurrency e.g bitcoin? Do we really need all the countries to accept cryptocurrency before you can invest into it? and so on. With time many countries in the world would make it legal for transaction.
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It seem very difficult for crypto now because of low rate of price but I strongly believed that the current situation of market would not last long. It a normal situation for any market to face a trial time like this but crypto have come to stay and have a fulfilled future.
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Government of any country would want to be in control of everything happening in their respective countries. They would never support any development that is out of their control power. You know already crypto currency is a decentralized in nature and no government in the world can regulate it.
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My reason is simply to invest and make a living. Many people have invested into crypto currency in the past and the result is very good. The investment is my second job which am taking it very seriously in other to make good income from it.
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