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You may say bitcoin has become your payment method but you also have to realize that not everyone can use bitcoin as payment, like in my country there are still very many people who don't know about bitcoin, in fact they don't even know what bitcoin is, it's best you introduce bitcoin to other people and try to teach them and provide free education to them, so bitcoin can be known more widely.
Definitely not everyone can use Bitcoin payment method but so far I have been able to introduce so many persons interested in knowing about how Bitcoin works. They now understand how Bitcoin payments are being done, how to buy, send and receive bitcoins. Well they now know the basic information about Bitcoin. So even if not everyone can use it I’m glad I have been able to use Bitcoin as a means of payment in my business and people have been using it very well. For those who are yet to use it, I hope they use it soon. |
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I’ve been a merchant wholesaler for the past four years now. A lot has changed in my business since I introduced Bitcoin as a means of payment. I receive money quickly, I’m able to save up by storing and holding my bitcoins and I can withdraw from my account at my convenience, no limit options. This is far beneficial to me than when I was using banks. Within the first two years Of starting my business I always go to the bank to increase my account limit and set up other necessities. Sometimes it doesn’t get effective immediately I have to wait for 48hrs or the next five working days before it works and still I do have some issues from time to time. This year I decided to start receiving Bitcoin as a means of payment. All I did was print out my wallet address, pasted it on the wall and my customers who knew about Bitcoin already was so delighted I introduced Bitcoin as a means of payment and for those who didn’t have an idea,I educated them on how Bitcoin works and how it can be useful to them.. Everything has been going swiftly,I’m so glad I made this great life changing decision of making Bitcoin a payment method in my business.
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Over the years, I have noticed that every time Bitcoin's price goes down other alt coins follow suite. And When the price of bitcoin increases, it’s expected that altcoins go up in price shortly after. Presently as bitcoin price reduced other altcoin prices was affected too. Fact is that Bitcoin has the most secured network and it was the first among others. No doubt some alt coins was made of bitcoins clone.
But being that a product can be the first of its kind to be made (just like Bitcoin) and other companies may decide to produce similar product;( just like alts) but that doesn’t mean the original product price and value will always affect others. So why does Bitcoin have such a big influence on other alternative cryptocurrencies.
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Last year I predicted Bitcoin will rise above the value at the start of the year and I was totally right about it, in April Bitcoin eventually reached a new all-time high price of $64k. Bitcoin added about 72% of its value as it increased drastically before it eventually started falling back in May till September. I don’t really know how this year is going to turn out now because of the present dip. But I just hope it increases, that’s why I’ve been advising so many people to hold their Bitcoins and even buy more now cause it will surely rise again.
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Blockchain is a very secured decentralized technology where different types of information can be stored, In the case of Bitcoin, blockchain is being used in a decentralized form by which no person or a group can have control over another persons account— meaning, all users collectively have control of their accounts respectively. When you create an account on blockchain, the best thing to do is verify your email address and complete the three key verification factors. This will make bitcoins stored in the app more secured.
Blockchain.com transactions are secured so it’s safe to store bitcoins although one has to be very careful not to forget your password or give out your wallet ID or any valuable information concerning your account. Hackers and scammers has found different ways to gain access to peoples account so everyone has to be very careful about informations related to blockchain accounts. This will make it more safe for storage of any amount of bitcoins now and in the future time to come.
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We know what time we are going through right now, but we believe everything will be over very soon. And we are hearing lots of FUD and what we are doing is only sharing the news and creating this FUD viral, but those who need opportunity, they just make something else happen. But it's true that this 900B down makes the times very tough for us. But those who believed in crypto saw an opportunity at this time. who we call the strong hand. And they are grabbing much more this time. In the meantime, two of the most powerful crypto influencers added more bitcoin to their treasury. And that is called strong hands grabbing bitcoin.   No one can predict how the market will be in the next few months but it’s best we keep hoping Bitcoin will raise and not get dipper before the end of the year. While most people are grabbing this dip as a great opportunity to invest in Bitcoin by buying more and holding some persons have lost a lot of money and cause they are scared of holding they sell out. l believe the best we can do right now is to buy and hold on to what we have before the dip. |
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Wondering how Bitcoin ATM works. Haven’t operated it yet but I’ll like to know more about how it works. Do you have to login on the atm before doing any transactions on it just like logging in on blockchain or coin base app to make transactions ?
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Mine was just a random search on the internet some years ago and it took me some time to learn all the basics and other stuff before finally starting my investment let me tell you, it was not successful at first because I invested in some scam cloud mining site which closed after a few weeks of payout. Back then scammers are using cloud mining as bait, right now they using what they see as a trend to hook up people's money and lure them with sweet words. That's why when you first try to invest, make to spend some money that are not really important and make it minimal to avoid big losses.
Yeah this is exactly why I was so skeptical about it in the first place. It took me a lot of research with the help of my friend talking me into it, to finally agree to invest my money on Bitcoin. Scammers has made it difficult for so many individuals to invest on crypto currency. They have used different strategies to take money from people using Bitcoin. So the best any body can do is go online learn more about how Bitcoin works so you won’t fall for any of their scam. |
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The topic is “how I started Bitcoin investing” so it’s not about Bitcoin wallets and passwords. Seems you didn’t read the content of my topic. You were suppose to talk about how you started investing on Bitcoin. That’s how you knew about Bitcoin and how you decided to start Bitcoin investments. kindly read carefully before replying to post. |
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A friend of mine who has been doing Bitcoin investments since 2015 tried so hard to introduce me to it but I wasn’t buying the idea. As at 2018 I was still skeptical about it cause I thought no good can come out of it and it will crash. He kept telling me how it works, but I wasn’t ready to invest my money on digital currency. I remember his exact words, he said "I know you can doubt this. Your skepticism and your fear of risk taking are colliding but that’s okay. It is the hunger you have to invest that will help you grow faster while investing on Bitcoin. The skepticism can stay there, I am not going to try to chase it away for you. You can sit in the corner, be in the background, its thin shadow casting dark and transparent on the wall. But that doesn’t border me cause I know I can't promise you a pot of gold at the end of the rainbow, but know it's the final decision you make today that will help you in future”. That day I thought about it over night and decided to give it a try. He showed me so much about how things are being done. From creating a wallet, how to buy and sell bitcoins. I also went on to research more about what I was about getting myself involved in. I’m glad I listened to my friend and invested in Bitcoin. I’ve never regretted my decision till date and that’s what gives me so much courage that even when Bitcoin goes up and down I still believe that it will rise again. Although ever since I started investing in Bitcoin it hasn’t gone this dip before. But I trust it’s for the best and it’s a great opportunity for me to buy more and hold.
That’s how I started my bitcoin journey. How did yours begin?
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Bitcoin is incredibly decentralized although it is slow but safe so I’m not disappointed, even in its ups and downs. I believe it will rise again cause the dip is a great opportunity for long term investors to buy and hold. So instead of being disappointed so many persons are actually getting the best out of it. Buying and holding is the best strategy right now. It’s better to take the risk of buying more and holding rather than feeling disappointed and selling off.
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I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just bought again now that the value has reduced. I still trust that it will increase rapidly soon.
You are genius newbie. I congratulate for your big profit honestly. When I was a newbie, I believed Bitcoin will rise to $100k and did not sell it in 2017 so you actually are better than me, knew where is peak to take profit and did not hope too high. My trusted altcoins: Ethereum, BNB, Dogecoin and the gold token (the signature I wear). Gold token is backed by real physical gold bars in vaults (Bullion Stars in Singapore). Yeah ethereum is the best altcoin so far. A friend of mine is researching about BNB and EOS. Do you think they are good coins to invest in? |
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I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just bought again now that the value has reduced. I still trust that it will increase rapidly soon.
It's pretty clear that you're just a spammer. I mean, how else to explain this statement of yours from last year: I choose bitcoin. I lost money buying alt coins. I will not repeat the same mistake
yes I lost a lot of money buying alt coins but read and understand my topic. It’s stated clearly that the alt coin I trust the most is ethereum due to the losses I’ve incurred in investing in other alt coins. The only trusted alt coins for me is ethereum. I hope you understand better now? |
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I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just bought again now that the value has reduced. I still trust that it will increase rapidly soon.
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Undermining the risk of investing in Bitcoin right now because it’s inestimable. One cannot predict how the market will be the next minute. So why not focus on investing rather than just selling out because of the dip or Do you believe Bitcoin will never rise again?
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Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. The best thing you can do is to not look at it, even if crypto is going up or down. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
This is the right time to buy more cryptocurrencies especially Bitcoin because the more people come into the market and increases their demand for it, its value continues to grow rapidly.
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https://ibb.co/WKgKBw7Score is not super but I passed average. Some of the questions were tricky I guessed those answers same way I did my SAT Superdoctor✓
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I choose bitcoin. I lost money buying alt coins. I will not repeat the same mistake
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