Regardless of price, best time to buy is when we have money, in the year the crypto price falls and if you feel you have big capital then you can buy it. The most important thing is knowledge, because with knowledge you can determine when buying and selling.
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For crypto there is no need to trust third parties with your money. In other words, Bitcoin is ‘trustless’. All transactions are executed by and on the blockchain itself. There are no additional parties between the sender and the receiver of funds. - This technology gives a better world in the future.
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There are cautions with Bitcoin and other crypto since they can be used for illegal transactions(the reason was stated on wikipedia). I don't think it's a valid reason to ban Bitcoin because you can do the same transaction via normal currency transactions.
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Concluding everything that was written in this topic, then everything can be said much easier. For any investor there are only two points - the moment of purchase and the moment of sale. You need to buy when the asset has fallen very heavily in price and sell only when definitely it's required...
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Whereever there is a pump, people don't care much about what they are buying. As long as they have that feeling of getting rich quick overnight and until they are buying in. At least this is what majority of people do. BTC can be used as a currency but mostly it is used for trading and for flipping money with other altcoins etc. Of course all of them are correct. Everybody should have the right to believe in what they want, it is their choices in life..
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This is because of blockchain technology that has been invented this year when fhe bitcoin will rise up and continue to be in high in the market sooner we don't need bank to change our bitcoin because of the demand so many people already in currency we don't know even in department store we can by payment that can be via crypto.
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It's not possible mechanism to completely prevent you from logging into Bitcoin Domains outside of the internet. Eliminating the internet is an impossible thing with a country. No one can block Bitcoin's Blockchain to get more popular.
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bitcoin is not a threat to banks because bitcoin is different than the currencies and so far, bitcoin is not to buy something in our real life and only available on the internet. and if people can get work related with bitcoin or cryptocurrency, then it means he can have another source income which can help him to make more money in one's life.
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This is exactly true that nowadays people are just riding the trends and making some talkshi on to it even though they dont know about that thing,specially in bitcoins so many users are just going into it without knowledge of it and end up getting consumed by whales.
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In my mind, permission from the government means you can trade and make settlements in BTC without a fear of being traced or caught, as was the case with some countries I heard of, BUT they will make us pay taxes on every transaction or maybe they'll try to impose taxes on your crypto assets you are holding onto.
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It's definitley a big buy signal for anyone already in the game, so the first wave of money comes from the ones already standing in the sidelines. The money coming through an ETF itself is only a part of this and it will come in later on. And once more and more people start to think "the bottom is in", the craze will build itself again. I think there is a decent chance the ETF could be the the trigger in this thing.
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Now definitely is not the right time to quit all our investments.We may have experience lot of good and bad things already in crypto world so let's continue to pursue our goals in crypto because if the market turns green again and pump we go!
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We should not expect a massive pump in the cryptocurrency market or anything simular to the ruse of 2017. The market should recover from the bearish trend, at some point, but no one knows when that would be.. For now, just buy, hodl, and wait for long term.
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Cryptocurrency market shows a small recovery and it shows that bear market has temporary ended. I think this might be a good start for the crypto market in gaining it's momentum to a much further increase in the coming weeks. Investors are now at least slightly comfortable with the situation we're in now.
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One reason behind the Bitcoin Price changes, after doing some research on price accidents that occurred earlier this year, I think that happened because the bitcoin holders monitor the rules that are being implemented by many countries for btc regulation
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It depends on which crypto currency being discussed, if for bitcoin and ethereum, then I will hold on to high prices, because I believe bitcoin and ethereum have the potential for the long term. the most important thing is to learn which cryptocurrency that is being hodl.
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Cryptocurrency is like a weapon. It remains good while it's used for defense purposes but can become bad once it got into someone's bad hands. The weapon can't be bad or good for itself. It all depends on the one who uses it and what is it used for.
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Aboslultly true that bitcoin is best choice for invest long term, That's if you have enough money for buy it. But I trust bitcoin will not die. Because if bitcoin die what will happen to altcoins in the market, have a thought about it.
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There are also many true crypto believers are trying to spread mass panic. They are doing this to obtain more bitcoin or to make profit on short contracts. They know the true future potential of crypto so its likely they are just stockpiling for the next jump that are upcoming!
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Cryptocurrency is a digital currency. Though this currency is not accepted by all the government off the world. For this reason bitcoin is illegal in those counties. But i hope that one day bitcoin must be accepted by all the government in the world and it is making a legal currency globally.
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