Once the government legalized the use of bitcoin its likely that the following step is to have it taxed.
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If your looking for other investment aside from crypto currencies, then I can suggest real estate.
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This is a very good way to earn money by spending few minutes of your time online at the comfort of your home; these can be a great additional source in your income.
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A big no, their are times that the value drops but eventually it will come around and will continue to dominate the crypto world.
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These is the result of panic attack. People do sell lower than their purchase price to dispose it easily, because they were afraid if they will hold on to it they will lost more.Due to negative news flying around, and value being shaken a bit they can't handle the risk any longer. Their are some people sell due to certain circumstances that they need money urgently.
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I can say that bitcoin is a good and profitable investment, but you can't consider this as your main source since it is volatile and the profit is not stable.
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In my opinion to attain more positive result you should do both. You need to be smart in order to make your way enjoyable and easier while working harder to achieve your goal.
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I can't tell how many, but one thing is certain there are people in this forum doing that especially those high earner. I'm planning to do that in future, real estate is one good profitable investment.
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I would love to have both, they are good investments. However if you want a safe investment then go for gold.
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Yes they do deserve what they have. They put alot of effort and put their trust in bitcoin even this investment is too risky.
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If that happens the price might be affected, on the other their will be a possiblity that positive outlooked buyers will come out and buy those dump coins.
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Yes I did, but I liked bitcoin to be precise. I buy my coins last year and got some profits already.
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People don’t have any choice but to pay tax since it is mandatory. The money will fund all government projects and expenditures.
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I don’t think that bitcoin will end anytime soon. Yes we experience price drop these past few weeks but don’t be too negative, it will be back soon and might continue to grow. Don’t listen on negative news, it will not do any good on you.
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It falls on both categories. Like money, it has no physical aspect but can be seen in terms of numbers, and it is a currency since that is the main objective of bitcoin.
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Yes we do. Regulations are made and implemented to make everything in order. Regulations are needed to secure our account and eliminate or reduce online scammers.
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I guess bitcoin value is base on supply and demand. Low supply and high demand means price increase, but if the supply is more than demand then it triggers the price to fall.
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In my point of view I guess it might not happen. For every fiat currency their is government behind it, so it is very hard to even shake it , unless their will be a crisis that will make countries economy wobble. But who knows what will happen in future, their might be a chance that crypto dominate the market. Lets just wait and see.
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We already have our small family business, but putting up business out of my bitcoin earning is one of my bitcoin goal plan. For now I'm working hard to earn as much as could. I'm also collecting data of what possible business I can open in future.
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Most of bitcoin users buy when the value drop and sell when the price is high. If you want long tern investment then now is the right time.
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