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As a beginner is it too late ?
Buy Bitcoin is never too late. This stock exchange will always be. Today it is especially advantageous to buy it, because in relation to the maximum the price has decreased. Again, - what goals do you pursue when buying Bitcoin? If you are willing to wait several years for a price of $ 100,000, do not even think - buy. If you have the experience of stock trading and know how to trade in the middle of the day - I think I need to buy a little, and as the price goes down, buy. But, - who will give a guarantee that Bitcoin will be cheaper, NO WHO. Bitcoin can at any time start conquering new peaks, so you decide.
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why all coins are going down ..?
This is a simple law of the market. - Before the New Year, the price has risen too rapidly, but now it's a time of decline. No one will say when the price will fly up again. But, I will not say anything new, - the lower the price, the higher it will then fly up. If you look at any asset on the stock exchange, it's a sinusoid. Today the price falls, tomorrow it rises. This is the law. And with this, neither what nor who can not do.
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Can bitcoin ever replace ordinary money?
I am more than confident that sooner or later it is crypto finance that will oust conventional money. There are a lot of advantages with crypto sitems. Over time, adapt to life and the money that we are accustomed to see to this day will disappear. Moreover, Blokchain generally everywhere will supplant any old accounting systems, and vital functions. I think that we took the first step - it is not strengthened and it is not clear which way it leads, but the fact that the movement has moved to a new stage of human activity - I think no one will argue.
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Predicting is not a grateful deed. Who could say in the spring of last year that in winter the price will jump to $ 20,000? There are a lot of broadcasters and fortune tellers, personally, my opinion, no one should listen, one should think with his own head. My opinion coincides with the majority - Bitcoin will rise in price in the long run, and in the near future it may drop to $ 6,000, and maybe up to $ 4,800. But I'm not going to hunt for a cheap price, I buy periodically for a certain amount at a market price
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What to do if Bitcoin Price Crashes?
In the event that tomorrow I wake up and see the price for Bitcoin less than $ 1, I'll buy for all free money. I sell everything I can sell and buy Bitcoins. I borrow from all my friends and buy Bitcoin. No matter how it was not very likely, but I admit that this is bound to be. Such an opportunity should be used - rather than crying that everything is lost ... Today 10K, - tomorrow less dollar, this is just a game of stock market moguls, so this is the moment to happen. But if today is less than a dollar, tomorrow or in time, 100K will necessarily be.
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Of course, Bitcoin will cost 25K and 50K. And in general, I do not think that Bitcoin has any maximum. It is clear that the price of Bitcoin is very volatile. But this is the whole point of promoting the price of Bitcoin. While people are ready to buy digital gold, the price will be breaking new price records.
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