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Many of the investors invest in some ICO and altcoins because sometimes it is good to invest in altcoins it has a high chance of profit and you can buy their tokens for a lower price and they will hold it hoping that it will also become the second bitcoin in few years or in the future, now bitcoin is so hard to invest because it has a high price although it is profitable when you stay and hold.
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Its hard to convince you on what you need bitcoin is famous because it has many promotions and advertisements and very popular in the world while ethereum is promoted by altcoins it is used by smart contracts and sometimes the base of altcoins and now ethereum is very good in investment it has a high profit and in this year its price is increasing and increasing but no matter what you choose bitcoin and ethereum will be the best investment.
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For me its better to just hold your bitcoins and wait for a moment, in the past few years the bitcoin peaks are lower and the dips is deeper it is very natural for bitcoin to have the price like that in the past years, just be patient or you might regret the action that you will make you might been down but it will take you higher than expected just wait for few days or months and the price will become higher.
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I think as of now there are no establishments that teach bitcoin. As a jr. member i learn the knowledge by reading some discussions ,forums and asking in some experts in cryptocurrencies about bitcoin and most of all by joining bitcointalk it helps me a lot especially reading articles it really helps, you just need some extra effort to research and gather every information that you get just read and most of all learn through your experiences.
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Bitcoin will exist until there is a demand for it or if somebody is using it or investing in bitcoin or until the sources or the things that bitcoin needs is still there it will still exist, for the past 10 years bitcoin keeps thriving and surviving and it keeps developing, but its impossible to predict the outcome of bitcoin in the next years, just like any other things bitcoin will be still there if we support it.
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There are many and helpful ways to promote bitcoin like promoting it in social media sites it is very helpful and a fast way to spread the information about bitcoin because every people has their own social media sites but the people who like to promote it must not write negative post about bitcoin, you can also promote bitcoin in media like creating youtube videos or creating articles about it, or the easiest way is to tell your friends or family on about what you know in bitcoin it is a fast way to spread the news and tell them the benefits of bitcoin and they will be interested to invest and join it just like what i did.
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Yes bitcoin is secure but it depends on what wallet you use and it depends on you because there are many wallets or sites that are scams and they will try to get your bitcoin so you need to pick the right wallet for the amount of your bitcoin, and most of all bitcoin transaction is safe and anonymous and you will feel secure when you use it but you just need to be careful to make it more secure.
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Yes Bitcoin definitely needs social media promotion to promote its benefits and to increase its potential and most of all its price but the one who promotes it through social media needs to be true and positive and do not promote the negative side of bitcoin like buying drugs, guns etc because it will give negative thoughts to the people who are like to use it or to invest into it. Thats why Bitcoin needs support in social media.
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Even not in bitcoin we know that if there is investing there is risk but investing in bitcoin is worth the risk because bitcoin price is fluctuating and it can be a really good profit to increase your money or have an extra income , investing is like gambling but in investing you have more chance of increasing your money, just try to imagine that you invest in bitcoin in 2009 and claiming your money today, its wortg your time and money so invest now or never its up to you.
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There are countries that treat bitcoin as they are illegal they implement some laws that limit the using of bitcoin , because someone using them as a payment for illegal activities and items and other people knows it as a scam, But in the brighter side other countries acknowledge the potential of bitcoin and allow bitcoin to use in their country and they support it now, countries that allows bitcoin helps the bitcoin to grow, bitcoin depends on how the person use it in legal things or not.
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You can invest it in Bitcoin or Altcoins, but i prefer Altcoin find some pre-sale tokens that you think that has a potential to increase its price like bitcoin and hold it for a long time and wait for its price to increase and the sell it or buy some Altcoins that are on market like Binance, but you need to remember that investing is not always making profit just wait until the coins is ready for selling.
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Ofcourse bitcoin needs support from social media sites or different platforms to increase it's potential and to increase its price everyone uses social media sites like faceook twitter and other by that we will help bitcoin promote and to help other people to know more about Bitcoin or other cryptocurrency they will know its benefits to them and the potential income of it and it will attract people who would like invest to it, That's why bitcoin needs to be promoted by other platforms.
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I just started last month in bitcoin, my friend told me about it in that time bitcoin was very popular in our place so i started learning about it, at first i spend my time in reading and joining different Bitcoin discussion and other cryptocurrency discussions, after i learn many things about bitcoin i started asking and commenting here in the forum, and after that i didn't know that there is such thing as Campaigns here where you can earn bitcoin, After that i started joining different campaigns and hoping that i can earn to
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All you need to do is learn through these forums, topics and other discussions just read and read different topics to gather different information and become knowledgeable enough about bitcoin and other basic knowledge about cryptocurrencies and if you have questions about crypto you can just ask this community they will always help you and if others need help don't forget to help them, this community help each others grow and grow. Just follow different rules and regulations.
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I think there is a possibilty that there is another cryptocurrency that will be higher than bitcoin or the same price as bitcoin, just like ethereum. Ethereum is getting close to the price of bitcoin in the short time of its existence the price of it is increasing and increasing i think it's because of smart contracts and eth is the base of other ICO and probably the investors would invest into it because as of now the price of bitcoin is decreasing while the ethereum is increasing and ethereum has a high potential to become as great as bitcoin.
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Bitcoin can be use in fast, anonymous and direct transaction with a small transaction fee, now you can use it as a payment in stores markets, merchants and vendors. And most of all you can also earn it easily by joining various campaigns or investing on it and bitcoin will be well known because many people advertised it and use so maybe the price of it will increase but sometimes decrease. Also you can secure bitcoin safely by using different wallets like online and hardware wallets
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We know that Japan is advance in technology and their government supports cryptocurrency they set rules and regulations and other laws that supports it, Japan sees the potential profit in Bitcoin they allow Bitcoin as their medium of exchange in their country they use Bitcoin as investments and as a payment in different merchants, vendors and stores and now even their bank Mitsubishi UFJ Financial Group, the world’s eighth-largest bank, is developing its own cryptocurrency, known as MUFG Coin. Japan is also a big help in Bitcoin not only on the price but they influence other countries to also accept bitcoin.
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