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It's best to be patient waiting for the increase in bitcoin prices, because prices will definitely rise again. And whoever sells btc now, I'm sure will regret later when bitcoin prices rise and may even reach the highest price.
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I think it's not too late, it's actually the right time for us to invest in bitcoin, because the price of bitcoin is currently down. If you look at the price of bitcoin when the end of 2017, then if we can buy bitcoin at this time, maybe a few months later the price of bitcoin will soar high enough to allow us to get big profits through bitcoin.
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When the price of bitcoin soars with a fairly high price increase, where bitcoin holders sell with pleasure due to large profits, then there are some people who actually buy bitcoin, with the hope that the price will rise again much higher. I think those who buy bitcoin, when prices are soaring up are very high, do not understand about bitcoin investment so without learning first, they follow the emotions to buy bitcoin. This is indeed a very real mistake and certainly part of ignorance because they do not understand well about bitcoin and the factors that cause price movements on bitcoin.
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Bitcoin is indeed the best in cryptocurrency, because the price is high and is also the first cryptocurrency, and has been recognized by the world and many people around the world have invested in it.
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Buy a few and sell when prices go up a little, then buy back a few and sell back when prices rise a little. This is a short-term strategy, while a long-term strategy should buy as much as we can, then hold and wait until the price rises high enough, and when we sell it.
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I think beginners should learn about bitcoin, then understand the factors that influence the occurrence of bitcoin price changes, both falling and rising bitcoin prices, and learning about patience and do not attach emotion to investing in bitcoin. If this can already be owned by those who have just joined bitcoin, then I am sure they and also will benefit through bitcoin.
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Btc investment is very high risk, some people have lost a lot through btc investment, but also some people have made huge profits through btc investment. If we want to make a big profit, then btc investment is the right choice, but if we are afraid of risk, then it is better to invest in others that are far from risk and only get the small profits that we will get in a long time.
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90% of those who are talking about death of bitcoin are the same people who are trying so hard to buy bitcoin when it drops a small 5% so that they can accumulate a tiny bit more. The rest 10% are the newbies who fall for the 90% FUD and are scared of the situation.
Very true what you say, let them speculate in their own ways, while I will remain faithful to wait for the rise in bitcoin prices above $ 15,000. Bitcoin will definitely rise again in price and only those who are able to be patient and able to withstand emotions and eliminate doubts that will eventually get happiness someday.
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As long as trust in bitcoin is still high and many people use bitcoin and many investors are investing in bitcoin, I'm sure bitcoin will become a world currency someday. Everything can happen, the most important thing is confidence and optimism if we still need bitcoin. Pessimism about something is the worst step that eventually gives you regret later.
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I am still convinced of the power of bitcoin, and I still believe that bitcoin will soon rise again. For that I will move away from market predictions and do not care about any people's response to bitcoin. The most important thing is that I will faithfully wait for the increase in bitcoin prices and will continue to hold back the bitcoin that I have, when the time comes to sell, then I will sell it.
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Because bitcoin prices are unstable, can rise and fall quickly in a matter of time, of course this is very dangerous which can disrupt the stability of the banking system and also threaten the country's economy.
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Some people think bitcoin will die, because the price is getting lower, and some countries forbid the use of bitcoin, and the news that bitcoin is often used for illegal activities, such as money laundering and so on. But I think as long as there is trust and as long as there are those who keep it, own, sell, or buy bitcoin, and as long as the internet is still there. Then during that time bitcoin will not die.
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Hackers will be difficult to stop, because they will try to do bitcoin fraud. You never go into the trap of hackers, by always paying attention to every trap they do, so we avoid theft. Pay attention to every site we enter, because they will always be there and try to trap us in their traps.
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market predictions can sometimes make us lose confidence and end up taking risks that could hurt us in investing, that's when prices are falling, I try to stay away from market predictions and stay focused on the goals I will sell when I make a profit.
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Very big of such loss, I think it will be difficult and probably will hardly be able to restore what has been lost. but I'm sure you will be able to get more, you should immediately get up and don't regret what happened. Make it a lesson that you must be careful and always be careful in storing or securing the bitcoin that you have properly and correctly.
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Do not invest all that we have in bitcoin, because there are still other crypto investment alternatives to be able to do, so we do not expect only one type of investment. In addition we must be able to control our emotions in investing so that we can invest patiently and calmly. Investing not only buy and hold, but also must understand the type of investment that we do and know the factors causing the movement of prices, so we will always get the results of the investment we do.
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The private key will be hard to remember in memory and very noisy. because we can forget someday, preferably the private key is stored in a device that is safe and will not be lost. If we forget the private key of the bitcoin wallet we have, then we will also lose the bitcoin in the wallet, and to this day I have not found any alternate key missing or forgotten
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Bitcoin will be very safe, and will not be stolen by others, as long as we are able to keep the secrecy of our bitcoin wallet password, and keep it well in order not to be lost or stolen by others. I think the best bitcoin storage is through blockchain, because when we will do the transaction required verification of gmail we register in the blockchain.
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When I think about currency, what comes to my mind is bitcoin, because bitcoin is very popular today and has a high value, and it proves to be a great benefit and many people have benefited from bitcoin. I think bitcoin will one day be an alternative currency for fiat money, because right now I see the power of bitcoin is huge and many people want bitcoin.
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Those who use bitcoin for money laundering know for sure that their actions will not be known to law enforcement and it will be difficult for law enforcement to know the data of suspicious transaction owners in bitcoin, because in the process of making bitcoin accounts and bitcoin ownership many people use anonymous, so it will not be known who exactly the owner of the account. Bitcoin transaction data can be seen and known, but the owner of the account will be difficult to know.
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