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At the moment it is not a significant issue whether we can survive without Bitcoin. Because before the creation of Bitcoin, people used to edit their necessary transactions and conduct other activities with conventional money. But people will gradually become technologically advanced and the invention of bitcoin instead of paper currency as a medium of modern transactions has taken place. Now people are trying to identify the means of using Bitcoin in performing their economic functions. Although the use of Bitcoin as a currency is not currently accepted due to widespread volatility, it has emerged as one of the main sources of investment. So it is enough to discuss the necessity of using Bitcoin rather than discussing whether it is essential for us.
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All of the above cryptocurrencies are good for investing and you can invest in any of them. However, it is not appropriate to say whether this is the best time to invest. You have chosen the most trusted and reliable cryptocurrency to invest in and it is very easy to make a profit from these cryptocurrencies if you can invest at the right time. The market situation is currently very stable and fluctuating between short intervals. But it looks like it could be going up or down at any moment. So if you analyze the market situation and think it is the right time to invest, you can invest in any of these cryptocurrencies.
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For most cryptocurrency holders, it is a common concern to wonder what will happen to the cryptocurrencies stored with him in his sudden death. In this case, it can be said that there is no time for the deceased to worry about the wealth of the world. But if you are worried about your loved ones, then you must trust one of them. Get someone to experience this and give them an idea of how they or they might get it after your death. Since death is always uncertain, be aware of this and take appropriate action at the present time.
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In fact, your idea is based on two types of cryptocurrency features and their control. There are some cryptocurrencies that are primarily centralized and controlled by certain individuals or groups. All of these cryptocurrencies can be easily controlled or managed by the government or the SEC. However, there are other cryptocurrencies, such as bitcoins, which are decentralized and cannot be fully controlled or managed by governments or institutions. These can only be monitored if you allow them access to your Bitcoin. But I personally think that if the government wants to monitor or legalize cryptocurrencies, their popularity will increase. So there is no reason to think negatively about this issue.
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##PROOF OF AUTHENTICATION##
Bitcointalk Username:Tahsin Kabir Kollol
Telegram Username:@TahsinKabirKollol
Campaign : FB,twitter
Spreadsheet # :179, 189
submit your Bsc Binance chain (Bep-20 ) wallet address : 0x439A3fac80E180883800237bb2752288FE0fF6f7
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##PROOF OF AUTHENTICATION##
Bitcointalk Username:Tahsin Kabir Kollol
Telegram Username:@TahsinKabirKollol
Campaign : FB,twitter,
Spreadsheet # :165, 174
submit your Bsc Binance chain (Bep-20 ) wallet address : 0x439A3fac80E180883800237bb2752288FE0fF6f7
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I agree with your opinion in many cases and these are very effective. In a bear market, I always secure my assets by converting them to fiat. This results in a fair amount of total assets and increases the likelihood of making a profit by repurchasing from a low market position. Investors fall into indecision by repeatedly monitoring the market situation when the market is down. In many cases, it is seen that the market goes down a bit and goes up again and is able to achieve big growth. Repeatedly looking at portfolios, many sell their cryptocurrencies, leaving them frustrated when the market grows later. Therefore, investment decisions need to be made by effectively implementing the measures outlined in the downtrend market and be risk-free investment enthusiasts.
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We all know that the central bank serves as the economic key to a country. It performs various functions on behalf of the government and assists in the running of the country by implementing various government projects and providing loan assistance. Moreover, the central bank plays an important role in controlling the monetary system of a country. Bitcoin, on the other hand, has become known as a decentralized cryptocurrency and its use is increasing day by day. Although people around the world are investing in Bitcoin and its use is increasing, it is unlikely that the central banks of many countries will go bankrupt. Central banks can work with other cryptocurrencies, including Bitcoin. Central Banks will not shut down.
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In fact, it is difficult to say for sure that the market price will go down again after reaching any height. So how long to hold is entirely up to the investor. Every investor has a certain profit expectation and knowledge and skills exist in market analysis. So everyone can hold on to the expected profit and give up when the desired profit is achieved. On the other hand, by using the skills acquired through market analysis, it can be released by observing the market situation, retaining resources, and maximizing profits.
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The price of bitcoin has plummeted sharply and is currently trying to regain its momentum through fluctuations. Bitcoin price fluctuations over the past few weeks suggest that the market is still on the sideway. Because the market situation is bipartisan and the upward and downward fear cannot cross the resistance zone. If the price of bitcoin exceeds the upward resistance, it may re-emerge all-time, while if it exceeds the downward trend, it may decrease significantly. So it cannot be said right now that the price of Bitcoin is rebounding.
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It will consistently be nice to fan out and increment your venture expansion with various resources like cryptocurrency, particularly in the event that you don't have that yet. It's an incredible arrangement to have crypto, above all, you ought not to anticipate benefitting early and put a huge sum in crypto on the off chance that you are not able to lose it. Numerous individuals have been singed towards that, and it's tragic to see them disdain BTC or crypto overall since they didn't make the best choice to explore.
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