at some point, it did although not entirely since bitcoin also played a huge role in the crypto community and had actually made a huge impact on the genral public. however, we cannot deny the fact that eth had also contributed a lot and in reality, it is one of the widely used currency in the crypto community.
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Investing in ico can be a good investment provided that you know the ico very well and the project that they are introducing. Investing in ico requires a huge risk and should be carefully planned because there is a huge possibility that the ico may fail regardless of its project. So before you invest in an ico, better make sure that there is a higher percentage for the ico to be successful and has a great potential for growth.
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Actually, anytime is a good time to buy bitcoins as long as you have thr money to purchase some. However, therenis a perfect time to buy and that is when bitcoin value is currently dipping or is in a low price for quite some time. This time is not the time to worry but the time to go shopping simce mostly in the market is on a red sign.
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it definitely is not easy investing in bitcoin since there are so many things to consider. aside from knowing the basics of bitcoin and how its technology works, one must also understand how investing in it works and how huge the risk will be. other than that, one must also know and learn how to earn profits and the different ways to gain some. moreover, the most important thing to know is the fact that bitcoin will not always provide profit but you will also lose some especially if dips happen.
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it actually depends on your strategy and plan for the token but for me, it is better to hodl it for a while especially if the ico is such a success and the project is a good project. tokens from bounties usually increases or reaches ico price a few months after so better hodl.
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We can never know what the future holds for bitcoin but i can only hope that it would be greater than what we expected. As with the national currency thing, i cannot see any possibility that virtual Currencies like bitcoin will ever replace a national currency or monetary currency since bitcoin and some other virtual currencies are decentralized.
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after how many months, the market finally is on a green light and though there are a couple of fluctuations, still i can see values to be increasing more than before. this is actually a good sign because this may mean that bitcoin and other altcoins will be recovering soon and may even surpass its highest value last year.
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it would be too questionable if bitcoin rises suddenly but i don't think a lot of people will ever question it since most likely, people will just think of its profit. whereas if bitcoin drops abruptly, like what happened last year, a lot of people questioned it and most of them never had any idea what may have caused it. personally, i guess it is more realistic and unquestionable if bitcoin value rises gradually since thru this, we can somehow have more theories on its possibilities and what may have caused it.
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I remember the time i first started bitcoin i was a bit confused and lost but reading helped me understand. So i suggest you have to research and study how bitcoin works. You have to read about it, understand about it. Forums may help also.
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We all know that we still need cash, but sometimes i can say that bitcoin is better than cash specially during travels or during times when we go to a unfamiliar place alone, you will no longer be afraid on bringing large amount of cash with you.
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Maybe because Government has no control on bitcoin. People who are joining bitcoin are earning but without paying their taxes. It can affect the economic status of the country.
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I think.maybe its because sometimes in media theyre only focusing on any negative events or negative news about bitcoin. They didnt understand very well on how bitcoin works, and as bitcoin became popular they asks people who are also against it, who are most probably have no idea also about bitcoin and spread it through media or social media.
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Getting rich doesnt only depend on bitcoin only. Maybe bitcoin can be a big help on achieving your dream to become rich but its still depends on you. You have to work hard for it. You have to put all your effort in order to achieve all of those. It doent work overnight. That doesnt mean that just because you joined bitcoin you will become millionaire the next day. You still have to learn and study the strategy. All i can say its still depends on you.
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Well, i think because they didnt understand how bitcoin works. They dont know that bitcoin could offer to change their lives. And in social media there are a lot of fake news spreading. Many people got easily scared of being scam. Maybe thats why.
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Bitcoin may help you earn today but it doesnt guarantee you a lifetime. It is still better if you have a stable job or start a new business. Make bitcoin as another source of income and it may be help you to start a small business.
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Its not too late to start joining bitcoin. As long as you take the risks, put your effort to it. If you want it, you have to work hard for it. Start investing today for your future.
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Social Media is very popular nowadays. Even the children nowadays knows how to use social media like facebook, twitter and etc. I think social media can really help in promoting bitcoin. Its a good way of advertising bitcoin.
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There's a lot of different stories spreading day by day. We cant even tell if its true or not anymore. The thing is, lets not believe everything we see in social media. Lets choose carefully the articles that were going to read. Always do a Research and read. Sometimes a very small picture can tell different stories, same with every article sometimes the words they use can be very deceiving and that can capture our attention. So its very important not to panic immediately, you have to research it first.
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Maybe in the future it will happen. I think cashless society is a good idea but at the same time it has some disadvantages as well. Cashless society is good specially if youre travelling so you dont have to bring cash specially on a not familiar places. It think it is more effecient. But having Cash on hand is also good specially for places with no internet, or by paying our daily transportation.
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