The truth about bitcoin

[bitcoindusts]

for me the truth about bitcoin is a digital currency that's almost known in the whole world that it's easy to get here and easy to get rich

Not wanting to break your confidence. But to say that it is easy to get rich with bitcoin is clearly a misunderstood concept. There is no quick way to get rich, it entails a lot of analysis, market watch and trend study. It will be difficult to bank on the erratic price movement of bitcoin simply. Especially nowadays that many took interest in cryptocurrency.

[Nanda Dewi277]

for me the truth about bitcoin is a digital currency that's almost known in the whole world that it's easy to get here and easy to get rich

must be understood the risk in bitcoin is the value of bitcoin that can move up and down. getting rich with bitcoin is not easy, it takes hard work and never gives up to make a profit. must be smart in dealing with market value movements and don't act panic.

[hungsanh2512]

Cryptocurrency in the future is considered an attractive investment channel for investors of large and small. The fluctuation of Bitcoin has made the world famous investors pay attention.

[Argoo]

Everyone should understand that the crypto currency is very risky for investment. Here, as in any business, knowledge and a sober calculation are needed. Everyone who bought bitcoin in November-December of last year suffered heavy losses if they sold them, and if they did not sell them yet, their funds will be diverted for a long time until bitcoin reaches a again acceptable price.

[Anies_Sandi]

It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

in my opinion, many investors who start investing with crypto currencies without knowing all the risks and thinking of going rich in an instant in their investment

[bxipp]

It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

in my opinion, many investors who start investing with crypto currencies without knowing all the risks and thinking of going rich in an instant in their investment

Too many peoples aim for a fast rich scheme and lead them to a scam. Lack on information about bitcoin make them easy being scam by greed scammer. Bitcoin is a a high risk investment. Not all will be a winner.someone need to be lose. Careful before making any investment.

[jeepuerit]

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

The truth about this bitcoin is the real money used in most countries and is used in exchange for different currencies and is also used for investing in ICO's, it can also pay for various items such as equipment.

[policeoo]

People expect if they invest now it will be like last year they will make money in a couple of weeks, months, by the end of the year like in 2017. I won't happen. Bitcoin is a long-term investment, the market is very bad now and it won't recover that fast. It will take month even a year or more.

[stiffbud]

, bitcoin is the world first decentralised digital currency which means it doesn't under control of any kind of authority or government. The truth is that it is an independent currency that have profitable criteria. Another truth of bitcoin is its volatile nature. Because of this nature of it its price fluctuate time to time. Although it is a profitable asset in the case of investment but still it is risk for investment. Many factors influence its price and according to many investors bitcoin investment foundation is not strong. Another truth is it can ban anytime in any country if the government want to ban it.

[insurgent]

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

This is definitely right ,bitcoin is very. You need to be fully aware of everything because you may catch some scammers and hackers. Money is not easy to get ,you need to work hard to get it. You may risk but remember that sometimes it may not lead in sweet experience.

[prikitiw]

Nowadays people tend to buy Bitcoin even though they don't understand cryptocurrency even they don't want to learn it first. And now People are panicking because the price continues to decline without special reason. Don't focus on prices, focus on technology.

[kenjdebil]

I agree. It no free, not easy.
Invest in BTC is very risky, and everyone should know all risks wich BTC is connected with.
Everyone assumes his responsibility for a similar investment.
But I hope people are not so stupid that donť know about it.

Im happy You agree. And especially I like Your idea, that everyone should be aware of all risks.

Yes I agree with you too, last time I did wrong thing or decision about investing without knowing the risks it carries.

[s.mahmood]

Now a days peoples interested to bitcoin but most of them like me don't have much knowledge about bitcoin.Yet they tend to buy bicoun.Bitcoin trade is very risky but it has some positive side like it is a promising coin and it's price is very volatile.

[Dondisimo]

Even when I did not buy bitcoin I knew that this is not the easiest kind of earnings and will work well if I want to earn something on this. But why is it still someone believes that bitcoin is a freebie. And it always surprises me.

[laylava.sted]

The real truth about Bitcoin is that we are still in the very early stages and we still have room to grow! The other thing we all have to realize is that Institutional money has yet to make a major play on the digital currency scene. Bitcoin comes from coin and bit and is an online payment system that started as open-source software. It is a new type of cash and an innovative system whereby network codes are used to verify transactions. It is used worldwide and gained in popularity since it was first introduced in 2008. You might also be interested in where these currencies come from and how to they end up being the advantageous digital tokens they become.

[MD Nur Hossain]

Bitcoin can make you rich as long as you are willing and  really working hard in aiming this. Bitcoin is a Digital Currency It can give you Highly Profit From Inveament Opportunity

[lenini]

Initially, Satoshi Nakamoto and his enthusiasts did not intend to exchange bitcoins for traditional money, they wanted to create their own alternative currency. All participants of this system became emission centers, they mining the currency and in the future this currency will be accepted by other network members as an alternative means of payment. Trust in bitcoin inside this group was created. Then more and more people believed that a computer algorithm that supports the functionality of this system can not be hacked, it is impossible to rewrite transactions at all nodes of the network. Bitcoin has gained popularity and trust. But still the ultimate motivation of the creators of bitcoin is the departure from fiat. Now most people use bitcoin not as a departure from fiat, but to sell it at a more expensive price for the same fiat. Thus, a contradiction arose between the goal of the creators of bitcoin and the goal of current investors. This gave rise to those processes that we are seeing now - volatility due to speculation. We see large holders of bitcoins manipulating the market and unwillingness of states (yet) to legally accept bitcoin. Sorry for the bad english.

[Jian_Liux]

Everything that will make a profit must have a risk of loss, as well as bitcoin. Many people have made huge profits through bitcoin and there are also some people who suffer losses through bitcoin, so there are a variety of views on bitcoin which are both positive views and negative views of people around the world. But the truth is that bitcoin is an investment that promises considerable profits, but in it there is also a risk of large losses.

[Antony85]

It's not just about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even want to read about them. I know that some people are introduced to the market the wrong way. They describe Bitcoin in the wrong way. Do they say it is a fast way to make money or not, it doesn't matter. You have to face reality now or you will be cheated.

[basici]

you are good describe all the nuances but I advise you to invest in bitcoin right now because this technology is behind the future