BTC is falling because bitcoin is very volatile and that's already its nature. There's nothing to complain or whine about it if in the first place you already know how risky bitcoin investment is.
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Crashes in crypto currencies is just normal and we always seen that whenever bitcoin crashes. Bitcon's existence in the cryptoworld signifies its importance so as bitcoin falls down to 5,000$ mark several times this year, the market looks so bad during that time too.
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It's time to hold on your crypto holdings rather than panicking and whining about it. To help yourself out from losing in this field, you have to always be patient and knows how to wait for the proper time to come before you will sell your cryptos.
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Social media not only Twitter can greatly affect bitcoin or cryptos' market capitalization and price. I believe other social networking sites like Facebook can also deliberately affect the price of crypto as it is a good way of spreading the good news about crypto across the globe.
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Bitcoin looks only scary for those who don't have a firm trust about bitcoin's capabilities. For bitcoin believers, bitcoin is their future and they don't see it as scary or even deadly. That's also the reason why i am investing in bitcoin. I believe it can change my life in the coming years.
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I think, bitcoin and crypto users has already reached billion excluding those countries who are just recently banning them. I believe about 80% of the total population of the world already know about cryptos and 60% out of that 80% are using it already.
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I really doubt about the word "stable" coin for bitcoin as far as market price is concern. Bitcoin's volatility will always be its main characteristic so in my opinion, you can not really expect it to have a stable price.
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Holding crypto assets can only mean either you lost too much, you believe the price will go up again, or you are just simply holding it for a couple of years because you believe that it will have a better base price if you able to keep it for years.
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With over a decade, bitcoin's existence is already a proof to its significant role in the growth of the economy of a nation. A proof that it is been utilized by people and companies around the world.
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While bitcoin is at high price, i expect that altcoins are also moving up high. You can only see some of the cryptos that go the other way even if bitcoin price is rising high. I think, it's better to buy good and cheap cryptos while bitcoin price gets low too.
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I think it will not take long before apple will accept bitcoin. Although Microsoft's founder has already expressed its negative perception towards bitcoin, i still believe that everyone has it's own perception towards bitcoin. So i hope Apple will be the opposite one.
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Could it be possible? I don't think each country will make its own cryptos. How about those countries who are banning cryptos once and for good? But if that's really going to happen, then i think those countries whose cryptos have very good concept and use case will prevail.
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Yes, bitcoin is no longer exciting in the eyes of weary crypto holders. I also admit i am not excited anymore to see bitcoin's progress over the past couple of months. It seems it will take another years before bitcoin's progress will excite most of crypto people again.
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People are still using money including me because it's a human nature already and we can not just jump right into using crypto and leave fiat currency for so many reasons. One good reason there is that i can use fiat currency instantly when i buy food in restaurants or when i watch for movies. For now, fiat currency remains the best and convenient medium to buy stuffs that you like.
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If we start sharing today and tell them how exactly bitcoin and other cryptos will work as currency, then that can be possible, in my opinion. The only problem that i see is that are they willing to use it despite its complexity and high price.
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This year is thought to be the toughest year of bitcoin where bitcoin and the rest of cryptos are struggling to rise up. But even though it happened, bitcoin remains on top and leading the rest of the cryptos.
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I don't feel that bitcoin will ever reach a market price as high as that because for almost a year now, bitcoin has struggled to rise and has became stagnant at its current cap and price. If bull run is going to happen starting today, i think bitcoin will only reach 9-10K$.
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Bitcoin will not keep on going down because it has managed to keep its pace from the 6,000$ mark for a couple of weeks now. It's only waiting for the bull run that may happen before this year ends or maybe next year.
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In my own understanding, how can we be so firm against all odds when the market is down due to the whales playing around with their holdings? For me, i will just always keep in mind to always "sell high and buy low" because it's the only way that we can earn good profit in crypto.
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HONESTLY, i don't really give a small ounce of TRUST about MLM. I don't like its marketing scheme in which only those on top will benefit the most while they are just sitting pretty and let their downlines do the job for them. Worst is, most of MLM's are just scam.
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