That is not a reason in fact we have not heard a lot from countries that are very poor, most of the time we are hearing news from countries that are very rich, bitcoin has been accepted by japan and there are some countries that are undecided, and the reason of being undecided is that they know they cannot accept bitcoin as a currency because if they did they will be recognizing that we do not need governments to print our currency for us.

I disagree, the price is important no one can deny that but to think it is the most important thing is a mistake, the most important thing about bitcoin is bitcoin and the technology behind it, without that the price of bitcoin will not be as high, the price is based on the underlying technology, the price is that high despite the congestion in the network and the high fees, when that gets solved the price is going to skyrocket once again.

One strategy you can try is to have 80% of your investment in long term investment and the rest in short term investing try both for a long period of time like a year and compare your profits, if you get more profits with long term investing then stop trading and move all your money to long term investing but if you are able to generate more profits with your trades then move all your money to short term investing.

That is the fastest way but that does not mean that everyone is looking for earning bitcoin as fast as they can, trading is one of those activities that can generate a lot of money but that is risky, so I think one of the best ways to make money is to simply offer your products and services in forums like these, at first you are not going to earn much but if you are good at what you do the money will start flowing.

If you think the housing bubble is about to burst in your country then take advantage of that opportunity, be ready and have a lot of money stored away and buy when properties prices hit rick bottom if you do you could acquire a lot of properties that you could not get otherwise also even if you do not have a lot of use for gold it is a good idea to have some just in case.

When you really begin to trade then you are going to find out that while getting 10x in a short amount of time is possible it is one of those things that are a lot harder to do than what you may expect, people have all kind of wild dreams but believe me getting 1% daily is difficult enough and you think you can get 10x in just a matter of weeks and months? Not going to happen unless you take huge risks.

I wonder what politicians are thinking, they know that their arguments against bitcoin are bogus and do not hold any ground but they cannot let bitcoin to take hold among the average person, that is why they keep spreading a bunch of lies about the people that use bitcoin and of course since we are users of bitcoin I do not like the idea of being branded as a bad person just because I use bitcoin.

But the issue is that investing in both of those coins requires even more money than investing in one so the issue is in which one to invest and to me it is obvious the best choose will always be bitcoin, Ethereum is a decent coin but the banning of icos in china and in other places and the coming regulations are going to slow down ethereum and bitcoin in the other hand is unaffected by it.

That is a good strategy just do not forget to have an exit strategy, how long are you going to hold your bitcoin? And at what price you are willing to sell some of your stash, that way by having a very clear plan of what you want to do, you will not be taken by surprise when some of those scenarios happen, I have a price in my head and when bitcoin reaches that price I'm going to sell half of my bitcoin and then I have an even bigger price and when that happens I will sell all my bitcoin and never look back.

What you are talking about is precisely what bitcoin is trying to avoid, it is true that everything is recorded in the blockchain, but you are not required to reveal your identity if you do not want, and you can use bitcoin as a way to move your money without having to go through the fiat system, this is why governments are against it since bitcoin reduces the control they have over their citizens.

Depending on your investment strategy you will have to follow different strategies, if you plan to buy bitcoin but hold only for the short term then you need to find a dip and buy as cheaply as possible that way you maximize your profits, now if you are planning to hold for the long term then you do not need to worry about anything like that just buy and hold for several years.

This is why it is important to follow our own thoughts if there is something worst than making a mistake is to make someone else mistakes, if you decided to not invest then you lost a lot of money and I'm sure those people that gave you the advice to not invest in bitcoin are not going to take responsibility for all the money they cost you and are not going to repay you so it is better to not listen to them ever again.

All investments have an element of risk attached to them, the only thing we need to ask ourselves is if if we are fine with the risks we are taking. Many people invest in altcoins not realizing the huge risks they are taking, if people think that bitcoin moves a lot they have seen nothing when it comes to altcoins especially those with a low market cap, I have seen a coin moving 1000% in a single day and then crash just as much the next day.

Tell me why bitcoin does not have the potential to change everything? Bitcoin is a currency, people all around the world dedicate a minimum of 8 hours a day to try to get money, people dedicate a third of their lives chasing money and you think that the creation of a new form of currency that does not steal their efforts is not a game changer? Then describe to us what do you consider to be a technology that can chance everything.

Because bitcoin gives you true ownership of your money, the money in your bank account is not yours, you put it there but banks can confiscate it for any reason they may like and sometimes you do not have to do anything wrong in order to lose your money, Cyprus a few years ago confiscated part of the money on the bank accounts of people, and believe me that is going to happen again.

And what makes you think that the price of bitcoin is going to crash that much, the price went down that is true but to expect such a low price some really negative news needs to come and even if that happened I do not know for how long the price will remain that cheap, if we saw such prices I have no doubt that many people in the forum will rush to buy all the bitcoin they can.

We must understand that any technology that is truly revolutionary tends to bring changes and sometimes those that are in power are not happy about those possible changes but the biggest issue for them is that they do not have a choice when a new technology appears there is no way to make it disappear, so bitcoin is here to stay even if they do not like it.

I do not know why this can be difficult to understand some people want bitcoin to be surpassed by coins that bring nothing new, some users want bitcoin cash to become the new bitcoin but who is going to take them seriously when bitcoin cash is only a few months old and the bitcoin project has been around for almost a decade, they want all the benefits of being bitcoin without the struggle needed to reach that spot.

All alts have two points of reference, the dollar or some other fiat currency and bitcoin, the reason a coin goes up in fiat but down in bitcoin has to do with the fact that bitcoin has gone up in value against fiat, you just need to look at the chart of bitcoin in this year to realize that bitcoin has grown a lot and this in return makes alts go down in value in BTC if they cannot keep the rate of growth of bitcoin, however that does not mean that the coin value is not growing, it is just slower than bitcoin, it can be confusing but you are going to get used to it soon enough.

Yes that is exactly what I'm doing, bitcoin is the oldest cryptocurrency and unless something unexpected happens bitcoin is going to have value for a lot of time, but when it comes to altcoins you do not know for how long the coin is going to survive, now there are some other altcoins in which you could invest for the long term like ETH and LTC but those are the exception rather than the rule.