Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.
CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies.
Well i think its because the issues that spreading across the internet today, do you ever heard about the crypto ads banning and which means a lot of traders or holders of bitcoin is panicking and by the fake news it surely can effect not just bitcoin but the marketplace. And it can result to bitcoin to decrease or to fall. It is the most worst act people use to do and trust me people do it to decrease the price of bitcoin intentionally so that they will be able to trade with bitcoin at very high level. Bitcoin is the best thing that all investors can have today as much as it is low in price, so no need to listen these fake news, do not panic your bitcoin because if you will hold your bitcoin it will increase high and it will give you profit then at some stage you will be proud for your decision for not panicking but holding it. |
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I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
In my opinion, the profit we get on bitcoin depends on our ability and accuracy in reading the market because not everyone in bitcoin can succeed, so how much profit we can get also can not be ascertained. It is certain to have profit form bitcoin, because price of bitcoin is not stable at use to increase and decrease but we will have to with for it to increase once it decease but the truth is that when the price of bitcoin use to increase it become more than double and it grows very fast, it is very easy to get profit from bitcoin because if you have money you will have to invest it at right time of low price. If you want to get involve in trading better if you start form small amount also get high amount of knowledge before investing in bitcoin it will decrease the risk that has become the part of trading now, but the investment is risk free you should try it. |
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I think Bitcoin is really safe. However we must take our own safety precautions. We must carefully protect our private key and make our personal knowledge safer. Internet is a place where there are a lot of problems for safety.
Yes that is right everyone need to be be careful about their wallets where they are keeping their bitcoin, if a person is holding bitcoin in online wallet then he need to distribute his bitcoin in different wallet so that hacker may not able to take all his money in same time, in fact hackers are always active to hack the accounts. It is very easy o be careful because bitcoin wallet has the private key and if you will not share the private key with anyone who is not known to you then it will give you lose, It is good to tell your family about the bitcoin you have saved for their future but never trust anyone else, because this kind of carelessness can create risk for your bitcoin, to be sure about the secure it is goof to use paper wallet but the blockchain is really amazing as it is more reliable to have and easy to carry your bitcoin in blockchain for the long time as long as you want. |
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Don t be exited just yet, we are still at the red zone and anything can happen. There has been a slight upward movement but we aren't there yet
Yeah it is not good to be in rush as it is again increasing more and more so if your will wait for the long time it will give you more benefit, price will increase more and more if you will be patient your income will be high, it is very minor movement right now it has more potential to grow so hold It and wait long time to be rich using bitcoin, I am holding my bitcoin and will hold till it has power o increase in price and demand, so hold for almost two or three years at least. |
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decrease in the course of pressure on the weak nerves, fastened guys, everything will be fine
It is the new age mate so everything can happen very fast so if you will invest today very soon you will be able to see the price of bitcoin more than double. It is time of red in market so buy as much as bitcoin you can buy and hold it will be good for you in future, currency use to grow so better if you grape this chance and buy bitcoin at very low price of 19k, as much as the demand is increasing it will be high again very soon, we will have profit if we will hold with high amount of profit, I am hoping to have bright future from my investment with crypto currency it will change my life. |
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Some people predicted about this deep today 2 weeks ago ( have a look on youtube : Financial Freedom ). Can we expect from now any improvement in the next couple of days and maybe a bull market?
Anyone can predict and got right. You just point some peoples only, how about the other peoples who predict and missed? bitcoin price is hard to predict, except you know that the big bitcoin holders will dump their coins. Yes it is not very easy to know about the price either it will increase or decrease but we can analyses the price through the demand of bitcoin, as it is time of market went red so price is not high we can buy at low price, soon we are going to see the high amount of pump in price of bitcoin, to see this we will have to hold to our bitcoin not to panic it, it has the ability to make you rich within months but hold it be hoped price is going to rise once again, it will be 100k dollars till the end of this year and 2018 will prove as year of bitcoin. |
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I dont know if this where the right place to post but here it is. This is most applicable for those minimum wage earner who struggles in life and wanted to invest too.
* DONT SPEND BEYOND WHAT YOU EARN.
This is the common thing that we should have before investing, of course we have to settle our debt first because investing takes time to earn. It depend on the needs of a person specially for the emergency. For me, using credit card is a big help when it comes to discounts of what I really want to buy. * SAVE FIRST BEFORE SPENDING
Always know your priority, and don't spend beyond your means but still a lot of people are failed on this. Rather than spending too much, we should limit our spending specially its out of budget. * SET SOME GOALS
You should set your goal before anything else because its hard to invest when you don't have this thing and you might be controlled by greed. Over all this is a good financial tips for everyone, and I hope many people find this thing helpful. Goal is the best bench mark to control your expenses specially your planning on a business or other investments. All of the tips given by you are very good but in addition to it I want to say that it will be good if you make proper planning for increase in finance. The best tip is not to spend too much amount of money at the same time when you income is not very high, it is good to save high amount of profit for your future, before you get into bitcoin try to fix a goal for yourself then invest for high amount of profit, try to use more than one source of income, like try to use bitcoin as an additional source of income to improve your finance. |
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Do you think bitcoin is going to reach june rates soon ?
yes because Bitcoin's value appears to be recovering after a horrifying few weeks for those who are invested in it. ... Now the price of bitcoin appears to be picking up a little, at least for the moment. ... Bitcoin price rises again following huge cryptocurrency crash. Even those weeks were not trifling for me I used the opportunity and I bought a lot of bitcoin at the low price and now I am again happy; I am very lucky to have bitcoin in my wallet because the value is again rising. So hope for the best and let the price grow, it will be the best saving ever for you. Bitcoin is asst and saving so if you will save forever as much as you want to save it will increase in price all the time and the best time to invest in bitcoin is the recovering time, so trust bitcoin and buy it is growing very fast. |
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Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,
Bitcoin is really secure now a days because of the technologies we have and to keep it safe for people who are engage in bitcoin. Bitcoin’s technology can be trusted so long as you know how it works, or if you rely on the right people. Don't worry and be happy, bitcoin is secure. Indeed no one is putting any kind of doubt on bitcoin everyone know bitcoin is safe and it is secure to have, today everything can get robe just because they have physical presence but bitcoin does not have any physical presence, bitcoin has a lot of wallets that keep bitcoin safe and secure all the time nothing can beat bitcoin today as it is safe and secure, for me it is safe to use you can save a lot of coin in your PC or in your wallet without internet access. So in bitcoin there is 100% security no chance for hacking bitcoin. |
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That entirely depends on your risk and to your capability. Also Depends on your entry value as if you have bought your coins at small cost then you can sell at the high price. Nobody one can say when the exact time purchase or sell your coins. If you have no difficulty in the financial and you are always monitoring the price that you have purchased are increasing most perhaps then you should hold them for a time. You are only one can decides it
Well I think hold and sell it’s a part of business and there is no risk in there if you want to play here carefully with positive mind so you can make money I’m just buying bitcoin with low price and then I keep it on hold for some time and then when its price go high then I sell bitcoin which give me a very good profit so buying and selling bitcoin its very safe and a good source of income. |
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you made again this threads so many topic about government bitcoin ban, i will recommend to you my friend before you make a new thread make sure there nothing the same. some government want to ban crypto because they to regulate bitcoin as currency there's only one reason i can seen on that issue, because government want to collect taxes from crypto's.
Yes sir you are right there are a lot of countries who want to make bitcoin regulate because bitcoin is the only currency which is helping countries in their economy so I think if we support bitcoin so it will bring revaluation around the world although some countries are against bitcoin but still bitcoin is very strong and popular in market and some countries they have accepted bitcoin and want to make it legal. |
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I personally do not panic sell, I am a strong person holding back, I am very confident the price will improve so the btc decline is only temporary
It is good to hold as much as you will hold will be good for you and for your future,. The increasing demand of bitcoin will prove to be good and well if you will hold all of your bitcoin for the sake of profit, some people use to say negative about bitcoin just to discourage the people so that they will sell the bitcoin but no need to listen these kind of people just hold bitcoin keep your faith strong about bitcoin. it will give you profit for sure. |
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panic is a very harmless thing when you hold bitcoin or other altcoin because when it happens dump then you will lose 20-30℅ when you sell it.
when you have bitcoin you should think not to sell easily when the market is falling, holding back is the best way to avoid losses.
It's only the weak hands are going to sell token, I think they panic for what they in the market it going red and going down all coins. Must better to hold it and waiting on when they going back because we can earn enough profit if you hold it. I think bitcoin don’t accept panic when you will start panic so then you can lose here because its digital currency and price really matter so we need to play here carefully because when you will not check the price of bitcoin and take a decision so then it’s very hard to come back so be careful abut selling or buying bitcoin. |
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So so.. Today there are a lot of scam project, that why i doesnt want to participate in bounty. I think that trading is only the one way to get money on crypto, but trading is also risky.
No it’s not risky but I think I need a little bit knowledge about it because if we understand bitcoin so believe me we can earn a lot of money from it and I think bitcoin is much better than any other crypto so I think there is no risk in bitcoin and nothing is scam here we just need to be positive about bitcoin and also we need to support bitcoin because it’s here for us and it never give lose to anyone. |
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We cannot predict the future of bitcoin, but we believe in the coming years its already regulated by all countries and it can used in all kinds of payments. The people are already investing and this is their job someday. We know that the price is changing everyday and to the future it is already in the highest price. Bitcoin will improves and become successful in the future.
Its true its very hard to do prediction of bitcoin I can just say that bitcoin will go more forward and will become more strong then ever the way bitcoin is going stable in market so now it’s very hard to stop bitcoin because a lot of countries they are accepting bitcoin and some of them they have made bitcoin legal which make bitcoin more strong and powerful so bitcoin have a bright future. |
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There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
Bitcoin cant disappear that easily specially nowadays, there were many investors and members trust bitcoin.If became a widely use even if there were many threats on it because, they have seen a big potential within bitcoin. Agree with you it is the time for the bitcoin to grow more and more, it is increasing in demand and price these days. Still more than 90% of people in my country trust bitcoin and they are making high amount of investment every month, increasing demand and the price is a sign that bitcoin will not be disappear till long, I am pretty sure we will able to see bitcoin as legal currency in a lot of countries including mine, bitcoin has many benefits for its investors so bitcoin is not going to disappear mate. |
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I would like to have sufficient knowledge in finance, but I'm limited in this and have to teach myself though it's a bit diffic
Yes it is important now to have the education about the finance because it is need of the day and if you want to start a satisfying proper business it is important for you to have knowledge about it only then you will be able to get information and knowledge for your financial profit, I would suggest you to get information and use it wise it will improve your life and will make you able to be rich and safe financially. Knowledge is the wisdom and key of success as well so get the key and be successful. |
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There is a lot of emotional value attached to bitcoin now, despite it not necessarily being the most efficient. Other coins may produce good ROI however bitcoin won't disappear, maybe less popular in the long term  It is quit natural so better if people control their emotion if these emotions are negative and should increase the emotions if they are positive, increasing demand of bitcoin is making it popular and well known among a lot of investors and traders, if we will invest in bitcoin at perfect time it will be high chances for the triple profit, for me bitcoin is more than saving and it is very sure for me to see bitcoin famous worldwide. |
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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.
Yes! but he wise people will know it is time to hold and to get the profit instead o selling all of the bitcoin and not to earn profit, if the demand of bitcoin in market get a bit down it is the time to hold you bitcoin and to if you see the demand is getting high you can sell your bitcoin at very high price. I know in market the demand of bitcoin use to increase and decrease but the best thing which can make you rich with bitcoin is your own patience. So panic selling sometimes makes the price go a little down in market if we will avoid this then bitcoin price will only grow and will increase but never decrease. |
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I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
They are against bitcoin because they haven't try it yet how bitcoin work so fast for the future of every bitcoiners For sure it is right and they are lack of interest and lack of financial knowledge about bitcoin, they are not aware of the real benefit of bitcoin today, if they will know it then they will not be against it, bitcoin is good to discuss with your friends and with your family so that they will also enjoy the benefit of bitcoin, bitcoin is good for everyone for investors and non investors, so if we will advertise bitcoin it will double the bitcoin lovers for sure, so people are not against but they don’t know bitcoin. |
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