Its really risky. Because we are still in the time where fiat system reigns. Maybe start small then increment slowly in buying bitcoin. Don't put everything in bitcoin. We cant be cettain about its future. Too many factors that needs to he considered for it to be successful. But i think it is worth investing to just dont use all your resources.
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It really depends on you. Both have risks. If you are more familiar with trading and has background about it then it is for you. The risk in faucets are some faucets are scam. Some faucets doesnt not really pay out. So you will only waste time waiting and claiming if you chose wrong. Also faucets takes time before you can withdraw what you earned.
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As government adopts into the digital world of currencies. They have two options, either ban it or tax it. It would be unprofitable for them to ban it so chances are they are goin to tax it. I think its not impossible to trace it, its just time consuming and very hard to track but possible. Also, in this time, we still need to convert it to fiat before going on a transaction because not all stores accept bitcoin as payment so conversion can be taxed. Im not an expert so i can really say.
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Nope. It is open for all types of people and is not limited to the educated and knowledgeable. As long as you can read and willing to learn about it and work hard, anyone will be able to cope up with cryptos.
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Yes it is profitable but only some are legit. Nowadays nost are cheats and scam. But you just have to be careful about that. You have nothing to lose joining airdrops. Just be smart in joining.
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Here in our country, you can buy bitcoin using coins.ph by loading it and then converting to bitcoin. Check if your country allows buying of bitcoin tho. The best is when the vale tips down just be observant and patient about it.
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Yes. Ofcourse there will be more people that gets to know and interests in bitcoin after government and other professionals saying that its a scam.
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Its Decentralized, meaning government has no control over its price. For this is the most importsnt advsntsge of bitcoin. Also, its price get higher in value every year that makes it something to invest to because of return of investment.
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As more and more people knows aboutbit the more investors there will be. Once there are so many investors, the demand will get high while the production of bitcoin has limit. If that happens, the vslue of bitcoin will rise.
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Yes. It can make the world better if use in the right ways. Also, if government will stop saying that it is scam so that people will not be afraid and more people will invest to it.
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Yes its risky. Its risky even if you only have small amount in bitcoin. Risk is a part of investing in cryptocurrencies. You cant always be guaranteed about its security. Just be observant and be careful when dealing transactions in cryptocurrencies.
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Its not necessarily a bad thing. If the price went down especially when those cryptocurrencies that are promising, you should be happy because you can buy some more for less cost. Just hold what you currently have and dont panic. Ot will rise again.
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Its not creating money out of thin air. People are investing and putting money to it that is how it makes money. Now it has gain popularity, more people investing to it means more money.
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Government will always make a way if it will become underdog. Banks will never go away i think. They can integrate their system with cryptocurrencies or the government can ban it. People cannot rival government.
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People are starting to take notice about its potentials and opportunities it offer. It will not be dead unless the whole world will ban it. More and more people are starting to invest in crypto thats why it wont be dead for long time.
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You are right. Bitcoin is the most popular among other cryptocurrencies because it was the first to surface and all others follow. Its the eldest crypto made. Also because of its integrity, others are just scam thats why bitcoin grow in popularity.
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If you are going to explain it to a 7 yearold. Use words that can easily be undestand and use simile and metaphors like saving in a piggy bank. But 7 is still an early age so teach them first about the fiat system for them not to be shocked about cryptocurrency.
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I just started joining in a signaturr campaign and i hope that this will save me too. I hope to earn more in bitcoin and in thus year 2018.congratulations to you btw.
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We all know that this year we experienced bitcoin surging up so high from $1k in January then on this month of December it almost touch up to $20k. So, do we have to expect more on Bitcoin just like this in the coming years that will go through?
For me I think I will be positive as this years has and hold the Bitcoin that I have right now.
Yes i think because of last year cryptos have been known by more people and they will start researching and investing on it.
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For me it is a type of one currency in the world. Everyone is equal in bitcoin. And has a lot of potential.
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