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Yes i think because if you want to make profit from the crypto market then you have to learn crypto trading for making a good profit. Because if you invest some money in the market then profit comes in few ways like staking or holding and trading but holding or staking for long time but if you expert in crypto trading then you can make profit within short time of period. So i think for learning trading will be good plan for future benefit. So if any one wants to make money in the crypto currency market then learning trading is more important.
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Bitcoin is the first blockchain based decentralized crypto currency which has a large strength in the market so day by bay the price of bitcoin is increasing. If we study last few years then we can see that in 2015 when i introduce with bitcoin then i was seen that the price of bitcoin was $400 but in 2021 bitcoin hits plus 60k usd which is 150 times just in 5 years. So there is no other real way we can earn 150 times just in 5 years. For that reason i will tell that never go for sell bitcoin just hold for 10 or 15 years and take benefits.
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We have also noticed that the market is recovering day by day so i think it will be in good position But in this time i have nothing to do just for observing. I have some coin in my wallet but lots of my fund is in loss in this time my fund is increasing because of market increasing. So right now i am in the holding position. Also i will hold my fund until it goes to the breakeven point. So in this time i am not taking any steps except hold my fund.
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The government of bangladesh is not accepting bitcoin because they think that bitcoin is not real currency and it can be destroy any time. In the meantime so economist and collamist are trying to discus about bitcoin in bangladesh so that the government of bangladesh think about bitcoin for legalize. They also tell that if it is not possible to legalize then need to take proper action. But in global situation most of the country has a permission to use bitcoin so price of bitcoin is gradually increasing. So i think it is the right time to legalize bitcoin in bangladesh.
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Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
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Crypto currency market is a growing and fast profit gaining platform where we can make money using investment. Bitcoin is one of best coin in the market so it has a good strength in the market. Lots of countries are now accepting bitcoin also there are many e-currency and payment gateway accept bitcoin also it has used blockchain technology which is decentralized in manar. For that reason i think it will never be gone.
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First of all i really appreciate to your topic. Because i think every one need to learn that bitcion is volatile currency which ups and down every moment where fiat currency never ups and down though all are crypto currency. Now need to know which is better bitcoin or fiat in my opinion if any one wants to take risk then bitcoin is better because there are some possibility to increase or decrease in the price of bitcoin but fiat is always stable means never change in price. So if we analysis bitcoin price last few years then we may see that the price of bitcoin increases 100plus times. For this reason i will prefer bitcoin better than fiat.
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Its not likely to possible to lose all your money invested in bitcoin 2021 because its not possible to destroy bitcoin. The price of Bitcoin can ups or down its entirely depend on people attitude means how positively people accept or reject bitcoin. Also there are some economical term related to price movement that is supply and demand. Actually total supply of bitcoin is fixed at 21 million so if demand increase then price of bitcoin automatically grow. One the other hand bitcoin is more volatile but if nobody wants to accept Bitcoins as a payment any more then it will be worthless and possible to destroy. But this is not likely to happen in the case of Bitcoin because already lots of payment method is available for accepting bitcoin. So what is your opinion regarding this topic let us learn your valuable information.
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Bitcoin is one of the best crypto currency in the market so it also dominated crypto market. There are many reason for crypto currenxy ups and down. But i think bitcoin price ups and down sometimes may create effect to the market. In my few years experience i have seen that when the price of bitcoin fall then the altcoin also fall one the other hand when the price of bitcoin rise all other coin grow up gradually. I think it happen in the crypto market naturally. So in my opinion all altcoins sometimes dependent on bitcoin.
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I really think so because in 2015 when i had just listen about bitcoin then the price of bitcoin was $400. In 2016 i have decided to buy some bitcoin then the price of bitcoin rise at $1100 but i didn't miss then and i have bought 1.25 bitcoin at a rate of $1100 and hold it for 2 years and in December 2017 i sell it at a rate of $19000. I gain a lot from selling my bitcoin then i had thought that i have gain a lot but i didn't think the price of bitcoin may go at $60000 so i think there is no alternative without holding bitcoin if you have lots of money.
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