Bitcoin is really volatile and one thing i have learned the hard way is not to PANIC every time there is a dip, don't panic, keep holding your Bitcoins and buy more instead. Once you panic you can no longer think clearly and you may do some things you might regret in the future, take it from me, been there, done that.
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Well no one really knows, no one can tell what is going to happen to Blockchain tehcnology in the next 50 years, it could be a success or there could be a new technology that has replaced it. Well let's just all hope for the best.
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yes it is possible but it's not going to be easy but it was worth it. I actually joined and participated on some signature campaigns when I started here, it took a while before I was able to earn a decent amount which i used for trading and investing.
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For me crypto currencies are not really here to replace fiats, they are options that we can use, they can work along side of any fiat currency, they can co-exist. I think it is best for the people to have options on what they really want to use. Besides I don't think any government will allow anything to replace their fiats.
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Being able to earn money for your family's needs and future is great, thanks to Bitcoin I am on my way into fulfilling that, I cannot say that I am wealthy, but I and my family are very blessed and we are sharing that to our church and we do some charity works to share our blessings.
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As much as I love Bitcoin and I think it is way better than any fiat currency but I don't think fiat currency will crash, these fiats are banked by governments and big companies who will not allow that to happen. I love crypto currencies but I also know that it can never replace fiat but i think it still can co-exist.
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I started couple of months ago when I wanted to have an online job for extra income, My friend told me that I can join and participate on Bitcoin signature campaigns and I can earn some coins, But I need to be fully equipped first, took several weeks before I was able to join my first campaign and it was successful. I got my Bitcoin earnings, from there, I started to be interested in trading and investing so I did and the rest is history.
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I think it will be Bitcoin, based on how it is doing right now and how it grew over the years, i think it is safe to believe that in 5 years Bitcoin will be more profitable but I am not saying that Eth will not be, its just a mere comparison but both are good investment.
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#Proof of authentication Join Twitter Bounty Twitter account name: @Trader_Is_Jmart
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For me, Bitcoin's volatility is not a bad thing, it is what makes Bitcoin provide great profit but also big loss if you don't know how to really HOLD. So its volatility is not bad but how the people react to it or the actions they take once they see it up or down.
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Indeed, Bitcoin is changing the world. It gives an equal opportunity to everyone to earn and handle their finances with out any one controlling it. It is a means of earning, saving and investing for the future. It changed the way we do business, payment and banking system.
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If Bitcoin becomes a legal currency, it will be widely adapted and used by a lot of companies worldwide. More and more people will be into it and definitely the prices will skyrocket. And for those who patiently HOLD bitcoins, they will be very rich by then.
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For me I find Electronic money, easy and safe to use than physical money, but from where I come from, crypto currencies are not yet widely accepted, thus we still use physical money to survive. Even though Cyprtos have a lot of thing to offer, I think it will take more time for people to really see it and use electronic money even just as much as the physical one, for our country at least.
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Thank you for sharing this, very informative and helpful. I do the same, try to earn more on jobs through participating on signature campaigns. I also divide it to withdrawal and investment so now, I have several coins on HOLD for a long time investment.
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For me, the coin that is next to Bitcoin it is Ethereum. It has great potential to be the next or even at least be like or even exceed Bitcoin in time.
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I couldn't agree more, Panic selling will just add to the dump, then the Whales are taking advantage of the dump, buying as much Bitcoin as they can. Moral of the story, be patient, HOLD.
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Of course it is a good way of investing your money, it has proven to be able to give great profits for those who are patiently holding their coins. Its value has grown and still is growing over the years. You just have to be smart and strategic on handling it, it can be very volatile that can cause FUD resulting to panic selling.
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