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No, it is not. Bitcoin is just going through its winter. When it will start bouncing back to new heights, traders will regret selling off their bitcoins. I think it's the best time to stock up some bitcoins in your portfolio and rejoice later.
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We can only predict how bitcoin will move in the future and that’s what we will base our decisions on. But we can be wrong anytime if the market takes a sudden turn. I am not sure how other traders think it will behave in the future but I am sure that it is here to stay in the race for long.
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Here, having both patience and optimism is very beneficial. There have been previous instances of the Bitcoin crash. Simply HODL and be patient.
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Bitcoin is experiencing a lot of ups and downs throughout the year. It is a part of the market. However, it is hard to predict what will be the scenario at the end of the year. Though I am optimistic that the market will correct itself.
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For me, a bearish market means opportunity, because aside from the fact that everything is cheap, I can see how long the new projects and those that already exist can withstand, and I believe that is the secret of everything to be able to be successful when the BTC market rises, but it is very difficult to see the potential projects, because right now we could not enter the metaverses and everything will change dramatically, for some who have already purchased some land.
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We must all take a lesson from the story. Gambling can destroy your capital account. It’s not just about a certain currency or asset, you have to be careful about your decisions in all the spheres where your money is involved.
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If you can wait for a while, you will be fine as per me. Bitcoin is showing downward movements at the moment and we cannot be sure about how it is going to behave in the future. If it keeps going down, you may be at a loss.
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I think it is just the start of decentralization. Many new things are on the way.
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You can observe from the ups and downs of the market that Bitcoin will recover.
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Bitcoin is surely a great asset to donate. But what should matter is whether the person to whom you are donating the bitcoin will be able to make the right use of it or not. If not, it will be useless. Otherwise, there is no denying the fact that bitcoin transactions are super quick and can help anyone in real-time.
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I understand that the current bitcoin situation has made everyone doubtful about its future. But anyone who has been in the market for a long time knows that bitcoin is here to stay for years to come. It doesn’t matter how many fluctuations it shows. In fact, in the coming time, we will be encountering bitcoin more often than we do now.
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Bitcoin is more valuable than gold because there are currently 18.74 million bitcoins circulated everyday, whereas there are 244,000 metric tons of gold in existence. Basically, the scarcer the product, the more costly it is. Which is why bitcoin is more valuable than gold. But when it comes to my preference, I’d rather choose to invest in both. Because they do not belong to the same field. Bitcoin is a digital asset whereas gold is a metal asset. It’s important to diversify your holdings for better risk management.
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Addiction to anything in the world leads to destruction. Trading isn’t gambling until you’re doing it in the right way. People who think trading as gambling often lose and this is a great example to seek lessons from.
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What you’re doing is great. I really appreciate that you are teaching students about bitcoins. I wish I had someone to teach me when I started my journey. I would suggest you teach them every aspect of bitcoin like its durability, portability, fungibility, scarcity, divisibility, and recognizability. It is important to know how it is based on properties of mathematics rather than physical properties. Tell them that bitcoin is emerging now but it may be the future.
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Bitcoin fall is a decrease in the value of Bitcoin. It generally happens when there is a large sell-off of Bitcoin, and can often be precipitated by news of a negative development in the cryptocurrency industry. For example, a major hack of a cryptocurrency exchange might lead to a sell-off of Bitcoin, which would then cause the value of Bitcoin to fall.
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