You are actually being in agreement with the the facts. I also don't understand why other people will choose to sell even though they are aware that the price is still low. The only thing they are going to get are losses. Instead of selling due to fear of losing, it's always suggested to hold your bitcoin for a while, until the price go back up again. Eventually, this will surely happen for the reason that it has always been that way ever since it was made. Bitcoin is volatile, therefore there will be some days where it's value will go up or go down.
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Of course there will be risks when you invest. The price of bitcoin could not be controlled so you'll experience having losses when bitcoin's price drops. However, you should just hold your bitcoin for a long time because there will come a time where bitcoin's value will rise. At moments when it's price is low, I suggest that you take that opportunity to get yourself some more.
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I agree with what you have said. Also, I don't think that the government and the banks will officially accept bitcoin to take over fiat. I think that bitcoin may be useful, and become as valuable as fiat in the future, but I don't think that it will ever replace fiat for the reason that it has been used for so long by the entire population.
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I don't think that the governments and the bank owners will let bitcoin absolutely take over fiat for the reason that it has already been there for a long time so it has become a state's or a country's standard matter of concern. However, I really think that the number of people who will use bitcoin in the future will still depend on how we open and extend our knowledge to them on how their lives could change.
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No one could really tell if the next decade is going to be a bitcoin era or not. Cryptocurrencies will surely be a major part of the population, and the economy of many countries. Cryptocurrency is a major step, and caused a great change economically, however, due to it's volatility, I don't think it will take over and become a new and/or standard cryptocurrency, and make the next decade its era.
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There is actually no right time in buying but it's appropriate to do so when its value has decreased due to people's demand. Buy when a big number of people are already selling out of fear of losing profit for the reason that the bitcoin's value will decrease at that moment. Take advantage of people's weakness and take the opportunity for you to get an investment.
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Many people go through this phase whenever the values of coins drop to great value. Those people would only regret selling their coins for the reason that they sold them due to extreme fear. I suggest that you hold onto your coins and remain waiting for coins' values rise back up again.
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I would probably choose gold. The gold has been there for a quite long time and I think it will still be there even after I die. I did not choose bitcoin for the reason that no one really knows what could happen after a decade. Bitcoin's volatility may raise its value to great limits but I am not sure that will still be it's case after 10 years so chose gold.
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The terms "best way" varies on a person's capability to do them. For someone who is financially capable to buy the right sets of equipment, it is the best to do Bitcoin mining. Buying the needed equipment is quite costly however, less work is done compared to the other ways. For someone who isn't financially capable of buying, it is best to join signature campaigns. Bounties are given every time the work online and on social media sites gets accomplished within a provided specific time.
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It is not only Bitcoin that would change the world, but the cryptocurrencies, in general. Cryptocurrencies could change the world's and/or each country's economic system for the reason that cryptocurrencies could become an asset that is available and that is able to be obtained by everyone.
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I do not think it is always about time management since everybody has twenty four hours per day. It is how you manage yourself. Discipline plays a big role if you aim to have a successful life because it is the control over yourself, and the control of behavior in following what should be done according to your standards.
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If a government official, or the government, itself is corrupt, then with or without bitcoin, he/she will be corrupt. They would always find ways to corrupt people. Banning cryptocurrencies on a country would reflect more on the government for the reason that bitcoin was made for the people, and taking it out will only benefit them.
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Take the opportunity now while it is still there. Take the time to research the specific coin you would wanr to buy, if it has a big potential to become high in value, and if you are capable of buying that coin, then do it. Eventually, your investment should grow more than what you paid to get it.
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You either win or learn. What you have experienced should have taught you the essence of being patient. Now, move on and never do the same mistake again. It's all up to you now if you're going to take the same steps or if you're going to try another for different opportunities.
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One factor of the downfall is bitcoin's volatility, so there will always be a time when bitcoin's value increases and decreases. It's just fluctuating. Another factor of bitcoin's downfall are the people who sell due to panic from that "downfall." They sell their bitcoin for the reason that they get afraid that they will lose everything that they invested.
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There is actually no time to buy since you could do it anytime you prefer, but there is always a good or practical period in time to buy bitcoin. Since the value of bitcoin is dropping, it's recommended to buy so whenever the value gets back up again, your investment should be returned and eventually you should gain your profit as soon as possible.
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I chose bitcoin for the reason that it has already made it's name in the market. It has proven that could help a great number of people by making them rich. I chose it because I think it will be a big factor in the future because I think cryptocurrencies will become part of every people's lives through the help and improvement of technology.
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There are two ways to do whenever bitcoin decreases: First is not to panic and sell them. It is quite normal for bitcoin to lose value for the reason that it is very volatile. There will always be a time when it will increase and a time when it will decrease. Second is to buy more. Since it's value is cheap, take the opportunity to get yourself more, hold on to it, and wait until the price gets high and exceeds your initial investment.
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I would if I have the money now. As of right now, I still do not have enough to purchase a bitcoin. I am still working so I could start investing. I also wish that bitcoin's price increase sharply as soon as I have mine. Let's all hope for the best.
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There are some people that freak out, there are some who do not, and there are some who feel great. It actually depends on how bitcoin affects those people. People who trade and/or invested are the most affected negatively. While those who plan to buy get the positive side of the equation.
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