Do not get carried away emotionally, and expect too much profit. Carried with relaxed, patient and do not often see the market prices that ultimately make you disappointed and bored. Slowly but surely when it is possible to sell though a small profit then sells, and when there is a chance to buy that may make a profit even if it is small. Then buy. Do it consistently with the commitments you have, where the principle is if there is a selling profit and if you have not made a profit, then hold it.
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Reassure your uncle that bitcoin investment is much more profitable, and our money will quickly increase by investing bitcoin. whereas if we save our money in bank, will be long to grow. You can give some description to your uncle about the bitcoin price movement and explain well and correctly about bitcoin so it is easy to understand and finally be approved.
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Many people get rich quickly, and there are also some who become poor because of bitcoin. There is a big gain and some are getting big losses. Since soaring bitcoin prices by the end of 2017, people become self-forgetful and very enthusiastic about having bitcoin, but to this day bitcoin has fallen well below $ 20,000 from its highest price by the end of 2017. That's what causes the world to go mad for bitcoin.
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There is no perfect cryptocurrency, bitcoin is also not perfect. But bitcoin is still the best and has the highest price to date, and nothing seems to replace bitcoin.
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Actually, bitcoin does not have competition, and what we see today where there are some coins being talked about as bitcoin competitors because their price movements are considered fast and beyond the bitcoin, I see it was deliberately created to lift the popularity of bitcoin and make bitcoin better known by the world, which in the end bitcoin will get to its ultimate goal of becoming the world's first recognized crypto and becoming the national currency of the whole world.
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Bitcoin of the future is a bitcoin whose price is rising so high, gaining full trust by the rest of the world, and all investors around the world will invest bitcoin, and become the national currency that applies around the world. That's the picture of the bitcoin of the future that I can understand.
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It's too risky to expect bitcoin to rise back above $ 15,000, so do not risk getting bigger, it's time to sell bitcoins if you do not want to sink deeper, and do not expect that hard to happen. I see some of the factors currently cause bitcoin prices to be very difficult to climb higher again, for that immediately take the right decision so that it does not become welding for us.
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Those who are afraid to invest bitcoin, because they do not believe in bitcoin. They only see bitcoin from a negative view and never understand the bitcoin as a whole, so they do not believe in themselves and are not sure they can make a profit with bitcoin investment, even they believe bitcoin is a gamble that can make their life difficult or even making them poor.
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Until now I am very happy to use bitcoin, either when I sell or buy bitcoin, there is no serious problem I need to fear bitcoin, but indeed if possible in the process of bitcoin transactions should be more refined about the speed of the transaction, so as not to too long we wait for the transaction process is complete.
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Bitcoin is the best investment that can give big profits in a short time, now the price of bitcoin is going down, and I will not let this good chance pass without result, for that I buy bitcoin and will hold it until bitcoin price reaches $ 15000. Surely I use bitcoin as a long term investment that will one day give me a big advantage.
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Those who use bitcoin for money laundering, think that money laundering through bitcoin is very safe for them, and will not be known who the perpetrators. This is because it is easy for everyone to create bitcoin accounts and buy bitcoins without clear and complete data verification, so it will not be tracked who the real owner of the bitcoin transaction.
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Of course bitcoin is very valuable, because bitcoin can be for transactions and can also be used as cash. And very important bitcoin can make a person rich in a short time, because bitcoin prices can rise very high in a certain time.
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Blockchain is the best way to store bitcoins safely, so far I have saved my bitcoin through blockchain and never had any problems to this day. Most importantly, never someone else knows the password gmail, and password bitcoin account that we have, then no one can steal the bitcoin we have.
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I bought bitcoin in mid-2017, and when the bitcoin price was $ 20,000 by the end of 2017, I sold some of the bitcoin I had. So much for the bitcoin benefits and profits I got at the time, and today I'm still waiting for the moment when bitcoin prices hit the top of the price last year, because I'm sure bitcoin will again show its strength at a much higher price. I will always be faithful and be patient waiting for that day to arrive, as I wait for the 2017 bitcoin price increase.
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as we are seeing other coin such as litecoin ,monera,etherium , are faster in transaction than btc
Some coins have a high enough price and move faster than the current bitcoin price movement, although bitcoin does look strong at a high price and has the confidence of many people, but in the future I think there will be another coin that can beat bitcoin.
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Bitcoin has been known to many people around the world, bitcoin has gained the trust of many people around the world, bitcoin has had a fairly high price, bitcoin has been used for various transactions, many people have invested bitcoin. But bitcoin can not yet be a national currency that can be used for all transactions around the world. This means that bitcoin has not achieved its overall goal even though there is some of what the bitcoin wants to have achieved.
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Only we alone can make sure the money we invest in is safe, for that we must take the best safeguards so we are sure that our money is safe. Learn how to secure our money properly and correctly to avoid theft and do it. This forum gives a lot of feedback about the best security in bitcoin investment, so reading and nano ledger is the best way to secure our money in bitcoin, still there are other ways that may be better than that, you can choose which is best according to you.
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Is it possible to do money laundering via bitcoin? I mean as no one knows if you have bitcoin and how much bitcoin do you actually own, it could be used to convert black money to white right? Or at least store your black money without much hassle. But there is the risk of its value but I think for people who have lots of black money and don't want to be caught, this risk might be worth taking for them isn't it? What are your thoughts?
Indeed there are people who take advantage of the btc's weaknesses to engage in illegal actions such as money laundering. This is very possible because in the process of account creation or btc ownership there is no need for complete and clear data so that anyone can make it without using their personal data directly. Thus it will be difficult to find who is actually the owner of the btc account, because we can only see the transaction and never know who the owner is clear and certain.
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The waiting is long enough if we have to wait and eventually say they are wrong about bitcoin. The bitcoin price drop makes some people afraid of losing what might happen, for me as long as the bitcoin price is above $ 8000, I will not worry. Because I am collecting bitcoin since the $ 3000 bitcoin price, so at the moment I am only monitoring bitcoin price movements and if possible to get bigger profits then I will wait, but if the price goes down then I will sell the bitcoin I have.
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Not necessarily also what you say is true, because that sell bitcoin not just a beginner. Everyone has their own way and point of view in dealing with the decline in bitcoin prices at the moment, and indeed the price of bitcoin will not be guaranteed, because everyone must have their own views with the method they have in analyzing the bitcoin price movement. Maybe the next few months bitcoin prices will rise, but it could also fall down the price. For me a good investment is able to avoid losses and can generate profits even if it is only a small profit.
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