Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: BestEarningTips on December 22, 2020, 03:12:14 PM
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Yes you obviously has made the right decision that put your money on bitcoin .It is so sorrowful to lost the job but good news is that you have found the crypto world that's how you can survive your life with family .But you have to careful the platform is risky as well cause you were saying about trading .try to learn than gradually work into it .
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Well, let us hope for the best mate. The good thing here is you put your money in bitcoin even though it is very risky yet safer than the others.
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You made the right decision, because for the whole of 2020, bitcoin has grown very much in price and it was possible to make money on this, and in 2021 bitcoin will also grow, but it is possible that there will be a correction of the bitcoin price before the growth, so we will need to overcome this correction and then Bitcoin will start to rise again.
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Agree it's very risky, it's advisable to just invest some of your money, don't but it all on crypto currency we never know what will happen.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Yes you obviously has made the right decision that put your money on bitcoin .It is so sorrowful to lost the job but good news is that you have found the crypto world that's how you can survive your life with family .But you have to careful the platform is risky as well cause you were saying about trading .try to learn than gradually work into it .
You are right bro this platform is risky. If you want to be successful in life So you have to risk.
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Bitcoin has been a life saver since the early 2010s, believe me it worth the time, effort and dedication. If you have waste your money in the bank without investing it in bitcoin, you would probably remain the same or probably be affected by our normal inflation, it's a wise move and great decision.
On a second view, instead of holding bitcoin at this huge price, why not sell and buy back when price tank. Remember you aren't holding for long term but average time frame to make some cool cash. This year may not work like next year.
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Personally, I'd advise to withdraw at least some of your profits and put them back in a bank. Bitcoin is great to trade, but the price is wildly volatile. Today it's over 23k, in a few days it may drop down to 7k.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Yes, your decision is OK. There are reasons to invest in crypto especially on the current economic situation threatening the worldwide. I am one of the many guys that support this kind of investment decision because having your money in the bank will not yield a tangible income from January to December, but bitcoin has the potential yield better income within one year of investing/trading. Your decision is my ldea, and I'm goona invest more.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs .
I'm curious in what country do you live? Why the bank account is closed if we withdraw all balances? In my country, I can still use the bank account or even the account is still opened even I always withdraw all my balance and not fill it again until 3-6 months.
Well, cryptocurrency really helps us because it is not influenced by this pandemic. I also fee very blessing because of this crypto my livfe is still going on better
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Investing in Bitcoin is risky but we cannot deny the great profits that we can get from the investment. It is true that even if there is a high risk, the Bitcoin assets can result in big profits. That's why knowledge is very crucial and experienced very needed. Those very helpful for you in crypto business. It increases the chance to avoid scammers and improves the opportunity to know the potential profits.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
The decision will always be yours, my friend, but I think it is better if you take the benefits that you have earned and start to open a new business. Indeed, in investing in bitcoin you can get rich quick, but the risk is also great. May this pandemic end quickly.
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Agree it's very risky, it's advisable to just invest some of your money, don't but it all on crypto currency we never know what will happen.
Crypto is volatile, not advisable to put all the money if we are not sure to win the flow. Big investors can go with the flow, but we small investors must do what is the accurate thing to happen to win the market as much as we can. Lost is not enjoyable but to win.
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I think you made the right decision.This has not only happened to you, it has happened to many because of this epidemic coronavirus.Many of them were seen doing tuition or working and came back home from there. At that time they were worried about how to run their family. At that time it was seen that some people got into cryptocurrency and worked to support their families. And to grow in cryptocurrency, you have to take some risk.I think it is possible to make more profit from banks only in cryptocurrency.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs .
I'm curious in what country do you live? Why the bank account is closed if we withdraw all balances? In my country, I can still use the bank account or even the account is still opened even I always withdraw all my balance and not fill it again until 3-6 months.
Well, cryptocurrency really helps us because it is not influenced by this pandemic. I also fee very blessing because of this crypto my livfe is still going on better
Same here though I am new to banking but it is working fine without any balance at all.
OP for me has chosen the right decission but he needs to diversify his investments. He should make something like a 60/40, 70/30 investment or he loses it all when the markets turns red. We all know that cryptocurrency like Bitcoin is volatile so we should take the risk into consideration.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Actually it is has a good side and a bad side. When I say it has a good side, when you make it as your bank meaning it is for long term goal which means if you are really good at waiting then there is a possibility that your bitcoins will reach its ATH. The other side is if the bearish times comes and you need to withdraw your money in the form of bitcoin the value is not sufficient and it is not good. So there is bad side and good side of making Bitcoin as your bank.
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my condition also same as you discribe , I also used trading as well staking in lockdown . I've got some good myth and knowledge about crypto in this situation .
In our country crypto is legal as a result I sell my crypto assest and used that's fund for vanish family problem .
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Cryptocurrency Many people have chosen this job as a profession.Many people prefer to work in cryptocurrency so they invest in it again. Again it is seen that those who are small investors here are actually afraid to invest at any time, maybe the price goes down.But those angel investors who are never afraid always think of it as their own bank.
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Cryptocurrency Many people have chosen this job as a profession.Many people prefer to work in cryptocurrency so they invest in it again. Again it is seen that those who are small investors here are actually afraid to invest at any time, maybe the price goes down.But those angel investors who are never afraid always think of it as their own bank.
When someone invests in cryptocurrency, they actually include making a bank for themselves, small investors or not, it's the same because when you invest you will have control over your assets, no one will be responsible for your assets except yourself.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
I won't say you are right! let me tell you my story when I bought some coins after the bull run on 2017. From that day, BTC price was decreasing leaving my funds in tremendous loss. I loss my hope and sell it half way my buying price... Now, BTC was just broke the ATH and started now to fall. the possibility of falling further is big just like before.
I'm not scaring you but this is the reality of crypto world. keep your eyes open in the market movement. do the needful decision when things turns up or down.
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Your decision is correct. Bitcoin predictions are really good. In fact, investing in Bitcoin can be very profitable. If you trade Bitcoin in business, then you will definitely benefit in the future. Your decision is absolutely correct. Because the future of Bitcoin is always good.
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Your decision is correct. Bitcoin predictions are really good. In fact, investing in Bitcoin can be very profitable. If you trade Bitcoin in business, then you will definitely benefit in the future. Your decision is absolutely correct. Because the future of Bitcoin is always good.
I agree mate, I think investment in bitcoin is the best decision now. We will get the big profit because bitcoin has been predicted will have promising future and more popular than now. I also invested in bitcoin and do trading.
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Yes, I agree with you, the Covid 19 pandemic has made many changes in the lives of many people, including "forcing" people to enter new jobs.
Your step in choosing bitcoin is the right decision. With persistence and seriousness, I believe we can find good things in this industry ...
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I absolutely right because covid19 virus are fully attractive all over would.This virus attached all countries and every country government should take Manny stape against covid19 virus.Every countries government are lock down their country and close All job center and bank.So many people are lost their job and Manny person are deside to work in cryptocurrency.So It so that bitcoin is may bank.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Good story mate due pandemic I see many people has lost their job. I think your decision is right to start do trading in bitcoin and gotten profit from it. I also invested in bitcoin and several iltcoins to get profit due pandemic covid 19.
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You did the right thing. There are a lot of rickshaws here though।Let's all wish the best together. Your capital is very safe. If you have a little patience, the price of Bitcoin will go up, from there you will be able to turn around, InshaAllah.We also hear thatWe also hear that So many people are lost their job and Manny person are deside to work in cryptocurrency.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
I think You have made the right decision mate, Bitcoin has given you profit as long as pandemic covid19. I also have gotten profit from bitcoin because my business is going down. But bitcoin has helped my income.
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Where everything has stopped because of the coronavirus virus. Many people have to spend their days without eating anything because they can't earn income and can't help their families properly. There are many who have been able to help the family a lot by working in cryptocurrency. Many have lost their jobs, turned their attention to cryptocurrency and invested in it. So many people consider Bitcoin as their own bank.
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yes, bitcoin is my bang, because with bitcoin I can store my digital assets, and I can use bitcoin as an investment tool. Are you like that too?
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You made the right decision, because for the whole of 2020, bitcoin has grown very much in price and it was possible to make money on this, and in 2021 bitcoin will also grow, but it is possible that there will be a correction of the bitcoin price before the growth, so we will need to overcome this correction and then Bitcoin will start to rise again.
You are right mate, bitcoin will grow more at 2021. Current bitcoin price is $ 24,800. By seeing the progress, I think Bitcoin will touch 27K USD soon. Maybe at this week we will see super bullish of bitcoin. Hopefully.
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I think you made the right decision. Because it didn't just happen to you, it did happen to many people. Many lost their jobs because of the Corona virus. This time they were worried about how to run their family. It was then found that some people work in cryptocurrencies to help their families. And I think it is only possible to make more profit from cryptocurrency banks.
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You made the right decision, because for the whole of 2020, bitcoin has grown very much in price and it was possible to make money on this, and in 2021 bitcoin will also grow, but it is possible that there will be a correction of the bitcoin price before the growth, so we will need to overcome this correction and then Bitcoin will start to rise again.
bitcoin usually at the beginning of the year will always make corrections and bitcoin will go down, but we hope that this correction will not follow like 2017, because we hope that after the correction will return to normal again, that's our hope.
You are right mate, bitcoin will grow more at 2021. Current bitcoin price is $ 24,800. By seeing the progress, I think Bitcoin will touch 27K USD soon. Maybe at this week we will see super bullish of bitcoin. Hopefully.
Yes, mate, if I only calculated the halving that occurred in the first and second, that there was a sharp increase in the following year, if this is the third halving, next year, bitcoin will grow again.
because the first and second% are quite high, if we refer to the% we can be sure, that the sharp increase in bitcoin will be fantastic and renewable ATH will be published again. let's prepare ourselves not to be just listeners.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Of course I would say you made the right decision. Because in the pandemic state everyone is going through a very bad situation. Many jobs like yours are gone. And as the lockdown went off, I think it's a nice and important decision.
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I think if you can save bitcoin in time then of course you are at risk of a big profit. I personally think it's not over yet. I'm guessing that in the meantime Bitcoin prices will go down for a while, so if you buy in Bitcoin, it will definitely give you a huge dividend.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Of course I would say you made the right decision. Because in the pandemic state everyone is going through a very bad situation. Many jobs like yours are gone. And as the lockdown went off, I think it's a nice and important decision.
Yes I agree mate, I think It is a good decision as long as pandemic covid 19. You can get profit from bitcoin trading. I see many people have lost their job and lock down the activity. So,, this year I see many people have invested in crypto currency and enjoy their investment.
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I absolutely right because covid19 virus are fully attractive all over would.This virus attached all countries and every country government should take Manny stape against covid19 virus.Every countries government are lock down their country and close All job center and bank.So many people are lost their job and Manny person are deside to work in cryptocurrency.So It so that bitcoin is may bank.
Yes I see, all countries have took many steps to against covid19, many people have lost their job and loss their income.Investing and trasing in crypto currency will give us income. I think it is the reason why crypto price have increased as long as pandemic. I hope It will increase again day by day till the next year.
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I also believe that Bitcoin has a very great future, I am one of the Bitcoin believers. However, making Bitcoin as my bank? Well, it may have a different definition. But if it is meant about putting trust in Bitcoin and earning from it, it may rather prefer the business.
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I also believe that Bitcoin has a very great future, I am one of the Bitcoin believers. However, making Bitcoin as my bank? Well, it may have a different definition. But if it is meant about putting trust in Bitcoin and earning from it, it may rather prefer the business.
I think everyone have own definition. Maybe OP want to say bitcoin has given the profit. You are right, it may rather prefer the business, not bank. Because bank to save our money like fiat money. Maybe...
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Indeed Bitcoin is very multipurpose because it can be used for anything in seeking good.
Bitcoin can be our own bank, Bitcoin can be an investment item, Bitcoin can be our own work and even Bitcoin can be used for transactions with real goods.
If everyone uses Bitcoin and knows how Bitcoin works then I am sure Bitcoin price will continue to go up.
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You are absolutely right I agree with you. I think Bitcoin e is every cryptocurrency Parsons Bank. Every crypto lover person have a dream to get some bitcoin. Bitcoin is really good. Everybody like Bitcoin. I think Bitcoin is my bank. Because I always like to to my balance deposit on Bitcoin wallet. So so this is true.
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Yes indeed there has been a huge improvement in the covid 19 as all the people have quit their jobs and started working in the forums. Because all the people are sitting at home in the lockdown and spending time in the forum, the forum is improving a lot.
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I don't want to take Bitcoin as my bank. this is my job and earning money, but no bank. I don't know but I really don; 't like the term of the bank.
however, whatever we don't like a bank, we cannot be separated from this system. So funny.
Well, many people lose their jobs because of this pandemic and hopefully this will end soon
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I'm sorry about you losing your job during the pandemic period, I believe a great amount of people also lost their jobs just like you during the pandemic, but it's nice to hear that you are doing well now 2020 was really messed up, just like you i use crypto wallet as my bank, cause I have no bank account now, I prefer all my funds to be stored in my crypto wallet instead of a traditional bank.
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Yes, you made the right decision. Because you lost your job in the middle of the Corona epidemic, your family is worried. The cryptocurrency junior has found Bitcoin since you were not sitting and has an account as a bank in Bitcoin. Then you find another source of income for your family instead of your lost job. Because Bitcoin is the best coin. But you have to do this very carefully. Because in the world of stingy currencies it is considered illegal.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
You are absolutely right I agree with you. The cryptocurrency junior has found Bitcoin since you were not sitting and has an account as a bank in Bitcoin. Then you find another source of income for your family instead of your lost job. Because Bitcoin is the most popular coin in the cryptocurrency world. But you have to do this very carefully. Well many people lose their jobs because of this pandemic and hopefully this will end soon.
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Yes, many people like you are currently using Bitcoin as their own bank. Bitcoin is no less than any other bank. Because the bank is the object that you will get next to the need.People around the world are now using Bitcoin as their bank. Because they can invest in Bitcoin at any time and easily withdraw money when they need it.So I agree with you.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Of course, I think You have made right decision. Investing in bitcoin is good way to get profit. I see many people already invest in bitcoin and do daily trading during pandemic. I also have invested in bitcoin too.
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You have created a very beautiful and valuable topic. Bitcoin is working like my bank. It has already been seen that one of the many banks in India is the Bitcoin Bank which can easily earn money from the bank. And day by day only the price of this bitcoin is going to get higher.
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Indeed, Bitcoin can be called a running bank. And I really like investing in Bitcoin. Because Bitcoin is indeed a source of future assets. Which we can use to make a profit.
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I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
You will not get much benefit if you just leave your money in the bank. Your money is safe and there is a small monthly interest but the bank will still benefit the most because they will use your money on their various investments. You did the right thing because it is possible for you to earn big again with Bitcoin investments although risky but we have a saying that higher risk is associated with a greater probability of higher return.
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There is no chance of being mistaken for calling Bitcoin your own bank. Because we mean a bank where we can deposit our money and withdraw it when needed.For those of us who are crypto related, Bitcoin is their own bank. Because they keep their money in Bitcoin and withdraw it as needed. So bitcoin is your own bank It makes a lot of sense to say.
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You made the right decision absolutely. Because investing in bitcoin is really right. I hope you will soon profit from this and feed your family.
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Investing in bitcoin is a good choice, we all started like that, then you learn more about the crypto market and you already start making full money on investments in strong projects in cryptocurrency! It is much more interesting and profitable here than in a bank, you should stay!
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It is a good decision to invest in Bitcoin. It is risky but you can minimize it if you have proper or sufficient knowledge. That's why people state that we don't join Bitcoin investment if we still have a lack of knowledge about Bitcoin investment. Know Bitcoin first, then we can start to invest in Bitcoin.
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I think that bitcoin will be our safe world investment. But in fact, this is very risky and we can do it earlier. Btw, Bitcoin is not a safe investment so that we must be careful in choosing the coin and selecting the other condition of the was
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It is a good decision to invest in Bitcoin. It is risky but you can minimize it if you have proper or sufficient knowledge. That's why people state that we don't join Bitcoin investment if we still have a lack of knowledge about Bitcoin investment. Know Bitcoin first, then we can start to invest in Bitcoin.
I think every investment have risk, but awe should learn the coin that do you invest. Bitcoin is very potential and popular coin, So No worries about it if you buy and sell at the right time. It is the key for investing.
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Bitcoin I think for any person can become a real own bank, which will bring its owner a much larger percentage of profit than just a deposit in the bank. So you did the right thing by investing in Bitcoin. In a few years, I believe that bitcoin will increase in price several times .
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Yep bitcoin in the long run will increase further so it's better to invest in bitcoin than putting your money in the bank which only gain a small interest whereas bitcoin your money will multiple in the future. Of course there is risky when investing in bitcoin you must be careful and be wise.
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Yep bitcoin in the long run will increase further so it's better to invest in bitcoin than putting your money in the bank which only gain a small interest whereas bitcoin your money will multiple in the future. Of course there is risky when investing in bitcoin you must be careful and be wise.
if you compare it with a bank it is clearly better to invest in bitcoin or altcoin, I agree with you about this investment. because if a bank will be fixated with a definite interest, but the value is not comparable to what we put in the bank.
if invested in bitcoin or altcoin, it will be clear that the added value will be greater, but with no small risk. but we can see from the existing charts and also the experience of the coin so far, so we can avoid losses. especially if it is divided into several categories of coins that we will invest in, of course it will be wiser. not even on coins that have not yet entered the exchange, but that are already listed there.
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Epidemic coronavirus Bitcoin's status has not diminished but increased. It can be said that more time has been given to the forum till the time of Kovid Nineteen which is why the forum has come a long way.
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Bitcoin in Bangladesh is causing many problems in Bangladesh to make illegal transactions. This time the police are harassing you while transacting this illegal currency. Bitcoin is our bank through this sentence in our mouths.
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Bitcoin is my bank but I don't have the money to keep it in this bank yet. Because so far I have not been able to earn any money which I will keep in this bank.However, I am working relentlessly to achieve success in the future. I hope I will have enough money to keep in this bank in the future.And I can then call my wallet a full-fledged bank.
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Bitcoin My Bank This sentence does not apply to Bangladesh. Because many unemployed people in Bangladesh have joined the cryptocurrency market and unemployment has gone away. But the government of Bangladesh has recognized bitcoin as illegal. After being so annoyed who would say Bitcoin is my bank where there is no own security.
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Bitcoin My Bank This sentence does not apply to Bangladesh. Because many unemployed people in Bangladesh have joined the cryptocurrency market and unemployment has gone away. But the government of Bangladesh has recognized bitcoin as illegal. After being so annoyed who would say Bitcoin is my bank where there is no own security.
Keep calm, I think the government just worried about bitcoin and crypto currency, Maybe at the coming future Bangladesh will accept crypto currency as many countries there. I hope We will it soon. Hopefully
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You have made the right decision.Because the price of Bitcoin has been seen since 2020 By 2021.So this is Bitcoin Bank being the most than usual High quality.But I think in the future Bitcoin will grow further.
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Bitcoin is a good enough asset to generate high profits due to its volatility. but at this time, I still do not treat Bitcoin as a safe storage, since the price of BTC can go up and down with lightning speed.
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Epidemic coronavirus Bitcoin's status has not diminished but increased. It can be said that more time has been given to the forum till the time of Kovid Nineteen which is why the forum has come a long way.
there is no direct relationship between the existence of covid-19 and bitcoin, because without the pandemic, bitcoin also continues to run normally and no one makes it soar because they are hit by a lockdown so they have to stay home.
because in any situation bitcoin will run because no one runs and controls it. bitcoin works on market movements every day, bitcoin has increased but currently there seems to be a downward correction and it is only natural.
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Remember this is a highly volatile market so you might want to rethink perhaps and keep some fiat for future uncertainties, btc is not a bad choice of storing assets only that the price fluctuate alot, if you had bought btc since this post was made an sure you can already see the difference.
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It would not be wrong to call a bitcoin wallet or other wallet your own bank because by bank we mean where we can keep our financial assets safe and secure.And we get the money at hand as needed. Bitcoin is no exception. We keep some of our bitcoins and withdraw from bitcoin when needed.So Bitcoin is definitely our bank.
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You have undoubtedly made the right decision. Investing in Bitcoin is risky, but at the same time, it can bring excellent profits than a regular bank.
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I think trading Bitcoin can be quite profitable, but holding all of one's funds in Bitcoin is not that good of an idea.
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It takes a lot of information to open a bank account and it doesn't take much information to open a bitcoin account. Again,Bank investment is not profitable then bitcoin investment. Above all, investing in Bitcoin is more profitable.
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Bitcoin is the most secure bitcoin wallet. So many people feel much more secure about themselves by holding Bitcoin. I agree with them. The price of Bitcoin is also likely to rise when the demand for Bitcoin continues to increase. So bitcoin holders are much more profitable to invest in bitcoin. So I also compare Bitcoin with a bank.
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Bitcoin is the most secure bitcoin wallet. So many people feel much more secure about themselves by holding Bitcoin. I agree with them. The price of Bitcoin is also likely to rise when the demand for Bitcoin continues to increase. So bitcoin holders are much more profitable to invest in bitcoin. So I also compare Bitcoin with a bank.
Unfortunately, today Bitcoin is primarily a speculative asset. But the fact that Bitcoin attracts a very large investment capital today already speaks of great opportunities in the future. If the bitcoin rate rises and stabilizes, then Bitcoin will become a reliable bank for each of us.
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I really appreciate to your topic Bitcoin is my bank because its my heart talk. Once upon a time i had just purchased one bitcoin using taka eighty thousand from then i was doing trade in different exchanger. Already my job kicked me but bitcoin is still supporting me to survive my family. When i get cashless i just sell few satoshi.
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Even before a pandemic like this Bitcoin was a digital asset that was owned by ourselves, aka we ourselves were a bank of Bitcoin.
If we lose the private key of Bitcoin it will make us lose money and that is something that no one wants and I am very careful with data from Bitcoin, such as address and private key.
I have a little bit of Bitcoin and now I enjoy it as capital to trade with Altcoins.
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Bitcoin is my Bank This sentence does not apply to Bangladesh. Because those who work with Bitcoin have to be represented by police harassment. So what can be said that Bitcoin is my bank.
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You are right brother. Bitcoin is like a bank to me because here I can do whatever I want. You have created a very beautiful and informative post. I hope you will share more posts like this among us. Many members can learn a lot from this valuable topic of yours.
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It's amazin to hear that Bitcoin helped making a difficult situation better! You must be really skilled, it's easy to lose money with cryptos, so I usually don't think it's advisable to get started on them when one is in a tight situation financially, but in this case it sounds like you made the right decision.
I personally wouldn't completely swear off banks. I believe in not keeping all of your money in one place.
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Yes I think you made the right decision. Because investing in Bitcoin can be much more profitable than other businesses. Because investing in Bitcoin is risky but it can be seen in the future success in a few days. So I think you made the right decision
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You made the right decision because this bitcoin helped people a lot while you were in Corona in 2020. The future of those who invested in Bitcoin at that time was bright. And yet the price of Bitcoin is still rising so I think you have made a good decision to invest in Bitcoin
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Yes brother I agree with you because bitcoin is just like a bank. Because if we invest bitcoin we get huge benefits from here. And there are losses even though the amount of loss is much less so the amount of profit is more.
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Not just for you the Bitcoin is bank in the COVID as for me also and i safe my almost money in the BTC and still i safe my money in the BTC wallet and i am happy to use that becasue it is most secure and good wallet.
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Bitcoin is a good investment in the long term, but I am afraid that the returns from Bitcoin are not enough to secure your family's life in the short term. There is also information on TV about a family that is only hoarding and using Bitcoin, but I think it's not that easy during the crypto winter.
Wish you and your family are always lucky and can become millionaires thanks to Bitcoin.
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So far Bitcoin really a good investment but buying at this rate where it is high is not right. Good for you mate that you earn some Bitcoin while it was not yet $40k I think. :D You can also try to consider altcoins investment such as dot, link, ada, bnb, and uni. I think these coins will have a bright future. ;)
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Bitcoin will definitely come as its own bank. Because I get a lot of profit from the bitcoin I leave here. If I invest bitcoin income then I will definitely get profit from it. I am Kabid 19I kept some BTC during that time and from there in 2021 it is much bigger than a foot Is getting profit. That's why I keep Bitcoin as my bank.
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I believe that we are a little bit wrong about the possibility of using Bitcoin as a bank. This is currently not possible due to the high volatility of BTC. The fact is that only when the bitcoin rate is stable, each of us will be able to use Bitcoin not as speculative assets, but as a reliable storage for our savings. This is when Bitcoin will be a reliable bank for our assets.
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So far Bitcoin really a good investment but buying at this rate where it is high is not right. Good for you mate that you earn some Bitcoin while it was not yet $40k I think. :D You can also try to consider altcoins investment such as dot, link, ada, bnb, and uni. I think these coins will have a bright future. ;)
Yes I think.we should consider altcoins too, besides bitcoin..If you talk bitcoin is your bank, I think I agree with you if you can get profit from bitcoin. But we must be careful and do the right time to buy and to sell
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You can make a bank for quick transfers or a payment system around the world. Now most of the traders who were engaged in stocks are invested in Bitcoin, they understand that money in betcoin is better than the apple stock.
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Bitcoin really a good investment but buying at this rate where it is high is not right. Good for you mate that you earn some Bitcoin while it was not yet $40k I think. There is also information on TV about a family that is only hoarding and using Bitcoin, but I think it's not that easy during the crypto winter
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Currently, the price of Bitcoin is the highest in the cryptocurrency market. Bitcoin is more expensive than gold so investing in bitcoin is risky. Investors have to take a lot of risks to invest in Bitcoin. Because the price of bitcoin is much higher in a little market. It cannot be said that in the future, if its price suddenly falls, investors will have to incur losses. It is true that Bitcoin offers good profits despite having rickshaws to invest in. If you know the cryptocurrency market well, you can benefit if you understand that the price of a coin will increase or decrease.
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Yes, ofcourse I thinks that it is the best openion for future digital crypto bitcoin. Because we can see that invest is the best way to earn in cryptocurrency world. Maney holders are hold there bitcoin to earn from cryptocurrency.We believed that gradually it's popularity will increase day by day.So I believed that in future bitcoin is my bank.
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With the current high price of bitcoin, I am unlikely to risk investing in it. In addition, investing your funds only in cryptocurrency is also not worth it. At any time the situation can change and this market can plunge into a state of minimum prices and stagnation for several years.
Investing now in ethereum, which is being renewed, or in other promising altcoins, might even be a better decision.
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The fact that Bitcoin can serve as a store of value makes it to serve as an alternative to banks, in matter of time from now bitcoin users will start using bank for only transaction of Fiat meant for purchasing stuffs and pay for services while the bulk of the fund will be held in the wallet rather than save in a bank as Fiat
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Sorry to hear that you lost your job and you withdraw money because you have liabilities. I am happy with bitcoin trading you made some money and helping/running your family in this pandemic. No doubt bitcoin has a good future but I advise you to spare some money for family needs as well rest use to trade bitcoin or invest in bitcoin on the other hand you must aware of bitcoin is highly volatile so take the calculated risk.
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What happens in a situation like the current one, when the Bitcoin price is dropping like a rock?
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
1. Bitcoin is not a bank or a place to store, Bitcoin is a crypto asset that has a value/price that is always changing.
2. You need a bank account to buy Bitcoin, Paypal also does the same, you will be asked to enter a list of debit/credit card numbers.
3. All investment decisions are yours, my advice is never to put all your money in crypto so that you don't lose when the price drops and you still have money for life's necessities.
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The fact that Bitcoin can serve as a store of value makes it to serve as an alternative to banks, We believed that gradually it's popularity will increase day by day.So I believed that in future bitcoin is my bank.
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The fact that Bitcoin can serve as a store of value makes it to serve as an alternative to banks, We believed that gradually it's popularity will increase day by day.So I believed that in future bitcoin is my bank.
of course if only as a person, you will declare bitcoin as a bank, of course you can't prohibit it, but if in general it is clear that bitcoin is very different from conventional banks that have existed so far.
it is true that the deposit method seems to be the same as a bank, but no one controls it and even if there is an increase and a decrease, it is not the same as a bank in general which is controlled and always increases, there is never a decrease.
When it comes to popularity, it is clear that bitcoin is very well known by many people, because it is very profitable to be used as a short-term and long-term investment. Bitcoin and conventional banks are clearly very different, let them stand alone and actually support each other to make it easier.
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It makes exchanges into alternatives of banks, but can exchanges be trusted as much as a bank?
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Many of us who are connected to cryptocurrencies consider Bitcoin as their own bank. However, cryptocurrency banks are different crypto wallets. Because we keep all our currencies in the crypto wallet as securely as the purchasing bank. Many people convert their currencies into bitcoin. Because Bitcoin is one of the most reliable cryptocurrency coins. So people usually think of Bitcoin as their own bank.
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Many of us who are connected to cryptocurrencies consider Bitcoin as their own bank. However, cryptocurrency banks are different crypto wallets. Because we keep all our currencies in the crypto wallet as securely as the purchasing bank. Many people convert their currencies into bitcoin. Because Bitcoin is one of the most reliable cryptocurrency coins. So people usually think of Bitcoin as their own bank.
The fact is that a lot of projects are presented on the cryptocurrency market, which also act as payment systems and thus can be a place for saving, like ordinary banks. Nevertheless, Bitcoin today is still too volatile to talk about the stability and security of its assets. But if its capitalization increases many times, then Bitcoin will stabilize and the time will really come when it will become a real unsafe storage.
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Bitcoin is like a bank for me because I can do whatever I want here. You've prepared a very nice and informative post. I hope you enjoy sharing some of my favorite posts. There are so many types it's hard to say.
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There will come a time when Bitcoin wallet will become everyone's e-bank. Its demand is increasing that amount. The demand of the bank will be very low at one time. People will keep their money and give it to themselves. This will reduce the cost of people. Similarly, transactions can be done much faster. This will complete the transaction with a small fee.
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There will come a time when Bitcoin wallet will become everyone's e-bank. Its demand is increasing that amount. The demand of the bank will be very low at one time. People will keep their money and give it to themselves. This will reduce the cost of people. Similarly, transactions can be done much faster. This will complete the transaction with a small fee.
The fact is that when using cryptocurrency, including Bitcoin, each user needs to take into account quite a lot of nuances and have certain knowledge, because not only paying for purchases, but also making transactions to transfer large funds may turn out to be unsuccessful or you may simply lose your assets. if you do not have enough knowledge.
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Bitcoin's popularity Currently gaining popularity all over the world. Everyone needs this coin. I can save Bitcoin as my own bank. This bank supports me at any time.I have considered Bitcoin as my own bank.
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Bitcoin needs to open its own payment system, such as Bitcoin Pay, where you can then order a card for exchanging cryptocurrency. Bitcoin is not standing still and is moving in the right direction, but it needs the support it still needs.
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Bitcoin is better as a store of value than the fiats and the use of the traditional banks to save them. Though Btc is considered volatile, but in my opinion, despite this advise side of Btc, i still believe that keeping money in BTC is far better than saving in the banks. For instance, these that bought Btc in 2019 (holders) are now millionaire, a situations that can not happen with the traditional banking savings options with faits. Btc is better savings option, it is excellent store of value even compared to gold.
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Ever since that I got serious into Bitcoin and cryptocurrencies last 2017, I started to save more on it rather than in my bank account until now. I only use my bank account as a gateway for withdrawing my crypto to fiat. However, if I can’t tolerate for such huge losses on the crypto market, I usually convert my BTC to USDT, and then when a projected support level was reached along with the trends, I would usually buy back at lower prices.
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What happened when Bitcoin had dropped back down to 3000 US dollars?
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What happened when Bitcoin had dropped back down to 3000 US dollars?
would you really not have followed the cryptocurrency market and watched the growth of the capitalization of BTS and the information space, in which the news on the cryptocurrency market was very actively discussed?
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Sorry for what happened to your job and certainly Investing in Bitcoin is a good choice and for me I do believe it will definitely grow your investment more than the traditional banks would just keeping the money with them but Buying Bitcoin and Hodling for a long term are two different things and you must understand trading for you to be able to really make good profits from it and not just the Bull market lucks so that is highly recommended.
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Bitcoin is the best coin and it change so many peoples life and i also earn good money through this coin becasue i am also a trader and also i sell my signals to others for trading.
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I don't see any wrong with your decision, perhaps you did the right choice actually. And you're not the only person here in the forum who experienced that. In fact, a lot of the community here do the same just like yours, just make sure you maintain that methods what you had started here so that your assets will not be gone in the near future.
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Yes brother you are right Bitcoin is my bank. Because I get a lot of benefits from here. Bitcoin is very popular at the present time. The price of bitcoin is increasing day by day.This bitcoin is the first coin to be seen in the crypto world Bitcoin is the king of all coins. And this bitcoin is working like a bank.
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Be smart with what you do with your money. Always do your research. Invest with money you have available to spend. Bitcoin is the hot topic this year and most likely will for years to come.
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You already know that Bitcoin is an investment that has a very high risk, but of course you must also know that in Bitcoin you have the potential to get big profits. And I just remind you again, in this Cryptocurrency there are so many ways to get profit, there are also many choices of coins that we can invest in. Not only Bitcoin, you can also choose top-ranking coins to invest here.
To be sure, before making or making decisions with your money, you must do your research and think about them carefully. Try to minimize the loss as possible, and we wish you success here.
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Bitcoin is now ingrained in human blood in such a way that even if you want to, you can't cross these boundaries. Many are focusing on Bitcoin instead of the banking system. They are changing its position overnight by investing in Bitcoin instead of keeping money in the bank.
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Bitcoin is now ingrained in human blood in such a way that even if you want to, you can't cross these boundaries. Many are focusing on Bitcoin instead of the banking system. They are changing its position overnight by investing in Bitcoin instead of keeping money in the bank.
Although your words are true, but due to special pressure, the government is trying to turn people away from bitcoin by putting pressure on people in various ways. In my country, the police are trying to bring those who use bitcoin under the law for various punishments. So despite having many hobbies we are not able to use cryptocurrency.
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many people including me also believe bitcoin will still have a great future and will also reach a very expensive price. But we also have to be careful if we want to invest in bitcoin, especially if it is for the short term.
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I don't see any wrong with your decision, perhaps you did the right choice actually. And you're not the only person here in the forum who experienced that. In fact, a lot of the community here do the same just like yours, just make sure you maintain that methods what you had started here so that your assets will not be gone in the near future.
Me too, I also agree bitcoin is my bank. As long as pandemic I see many people started to invest in crypto currency, several countries have locked down, we can gain profit from bitcoin and other.
By seeing the crypto progress now, I think the bullish latest happen and it will continue until the end of this year maybe till the beginning next year.
I believe about it.
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Many people compare Bitcoin with banks. Because if you invest in a bank, there is a possibility of profit as a percentage. Again, investing in Bitcoin has the potential to be much more profitable. Which is much more than the profit of the bank. Traditional banks have bitcoin transactions. Bitcoin is becoming more and more popular currency around the world. So Bitcoin is more valuable in the current market. So many people compare Bitcoin with banks.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
I appreciate your disision and you were in right think to right time that's why you stay strong with your family and also social life . After post pandamic of covid-19 the world economy system will be changed though the impact already stay in our personal family social and in national and internet life . The critics are saying the paper money will frizee and world wide start new Electric corrency or black chain system so if you know all the news before happening you will always first then others .
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After every big crisis there is an economic boom, I hope it will be the same after this pandemic.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Good real story, I like your story.mate, as long as pandemic covid19 you have invested in crypto currency and got profit from them. Bitcoin is the best choice , you can use bitcoin for trading and hold for short term..
This condition make people must have another income as long as pandemic covid19 because , they must support your families needs.
It is the reason why bitcoin has high demand now.
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Bitcoin is the king of cryptocurrency. Whose position is first. The platform is the most popular in cryptocurrency. I think of Bitcoin as my own bank because this is what I do when it comes to coronation I used to withdraw money from Bitcoin as my own bank. I think Bitcoin is my own bank.
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Bitcoin is the king of cryptocurrency. Whose position is first. The platform is the most popular in cryptocurrency. I think of Bitcoin as my own bank because this is what I do when it comes to coronation I used to withdraw money from Bitcoin as my own bank. I think Bitcoin is my own bank.
It seems to me that Ethereum looks more promising and profitable, unlike Bitcoin, but at the same time, low capitalization prevents it from becoming a leader. Not a single cryptocurrency will be able to break Bitcoin records in capitalization, as well as in price for this period.
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Do you think that will ever change or Bitcoin will remain the leader?
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Bitcoin is one of the most advanced and popular digital currencies in the cryptocurrency market. Which has already been able to gain a lot of popularity around the world. Everyone has managed this bitcoin as their own bank. I think in the future this bitcoin will be one of the biggest currencies that everyone will accept as their bank.
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Cryptocurrency has kept the economies of different countries at the peak of development with the new turmoil in today's world. In other words, the rise and fall of the price of Bitcoin in the cryptocurrency market has a huge impact on the economy of some countries. Because I think the economy of many countries is holding bitcoin. Because there are many investors in developed countries. Investment and trade are constantly increasing in every country. So Bitcoin is compared to a bank.
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Bitcoin is the king of cryptocurrency. Whose position is first. The platform is the most popular in cryptocurrency. I think of Bitcoin as my own bank because this is what I do when it comes to coronation I used to withdraw money from Bitcoin as my own bank. I think Bitcoin is my own bank.
It seems to me that Ethereum looks more promising and profitable, unlike Bitcoin, but at the same time, low capitalization prevents it from becoming a leader. Not a single cryptocurrency will be able to break Bitcoin records in capitalization, as well as in price for this period.
For now, Bitcoin seems out of reach for other cryptocurrencies in terms of capitalization and price dominance. However, the market situation will not stand still. Altcoins continue to evolve, which we do not notice about Bitcoin. First of all, let's see what the Ethereum network will be like after the current update, which has been going on for almost a year, and what will happen to the popularity and price of this coin after such an update. It is predicted that after a certain time, ethereum will be able to overtake bitcoin in terms of capitalization and price dominance. If this happens, then the current price of bitcoin will not remain at this level. Anything can happen in cryptocurrency.
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I really agree with your principle because until now I only store assets in cryptocurrencies such as bitcoin because storing assets there will provide a lot of profit, in terms of increasing the selling price of bitcoin and there is no monthly billing fee, making bitcoin very suitable for storing large amounts of money.
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Bitcoin is my bank. This word implies that there is no specific person in this bank. This market does not follow anyone's rules. So here it is said. Forgive me if I make any kind of bad comments. Because I am a new member of this forum.
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Bitcoin is the cryptocurrency market The most advanced and popular Among digital currencies A Which is already around the world Has been able to gain more popularity Everyone has managed Bitcoin as their own bank I think Bitcoin will be the biggest currency in the future
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in my opinion it is the best choice because until now banks are no longer used and many people have started to switch to the world of cryptocurrency and store all assets in bitcoin, and of course local banks are only used to withdraw profits from bitcoin so they can it is said that the function of the bank has begun to decrease.
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At present Bitcoin banks have been set up in different places due to which bitcoin transactions can be done through banks. I think a lot of things can be done with Bitcoin at present, especially through the creation of Bitcoin. That is why the popularity of Bitcoin is increasing. In the future, Bitcoin will be used through many other means.
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It is not possible to make a good profit without investing in the fear that investing is a bit risky Success in life cannot be achieved without risk. Reaching the goal will be a bit risky The way Bitcoin is spreading its popularity day by day, it is expected that your success will come in a very short time It is not possible to get as much profit by investing in Bitcoin as it is possible to get money by depositing money in a normal bank year after year.So I think you have made the right decision and I hope you can change the amount very quickly.
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I think it is a good decicion, despite the risk. Bitcoin is a hedge against inflation as so many expats and investors has stated. I only advice that your profit should be moved to stable coin for personal upkeep. As the adoptions increases, the more the increase on bitcoin bank related institutions globally.
Honesty bitcoin bank will be the next development that may attract huge users just like DEFI projects.
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Bitcoin is my bank. This is meant by the word. This Bitcoin Bank has been called our Bank because Bitcoin Bank works as we say. This bank has been called our bank because Bitcoin Bank does not work like anyone else. We operate our bank by buying and selling bitcoin.
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Yes for me bitcoin acts as a digital bank.
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Banks are indeed created to save money and banks are also modified to be able to manage all transactions in the bank and that is why banks were created with a centralized system so that everything can be controlled easily.
Unlike Bitcoin, because this Bitcoin was created only for us as the owner and this Bitcoin can be lost if we lose our Private Key and that's why Bitcoin is our own bank.
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Bitcoin is like a bank to me. I have converted all my assets into Bitcoin. I have deposited all the assets in cryptocurrency just like people deposit money in the bank.
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Currently we must look for decentralized finance where there will be no sign of centralized finance . Because if you look to bank finance system, you will be able to see that the bank has full control on your money once you have submit your money in the bank . But what about bitcoin investment? Once you bought some bitcoin and hold it up in your wallet, you can use it anytime, any where where ever you want . But the bank dont give us this opportunity. This is make bitcoin our own bank is better solution .
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Everyone has different views and beliefs about investing. Personally, I use the money I have to invest. even some of the funds I have are in this crypto investment that I am currently doing. I hope I can put it to good use and profit from it. investing in crypto will be very profitable if you can manage it well. but besides that there are also risks, so we must remain vigilant and careful.
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investing in crypto will be very profitable if you can manage it well. but besides that there are also risks, so we must remain vigilant and careful.
Youre right, invest in crypto is more profitable also more risk.
But We have to manage and learn the coins well.
Always follow their project improves and follow team project ccount at social media.
If you got good coins that have good projects you will get the big profit at the coming future.
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If you want to invest in cryptocurrency, you must take risks, otherwise it is not possible to earn anything good.It is not possible to invest without first investing money and even honest courage.It is wise to invest in Bitcoin now that the price of Bitcoin is rising.
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Of course, cryptocurrency is an investment like in a bank, but the percentage of profit in a bank is much less than that of a cryptocurrency. The volatility of the cryptocurrency is off the scale with its percentages and it makes sense to invest for a long-term investment.
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At present Bitcoin banks have been set up in different places due to which bitcoin transactions can be done through banks. I think a lot of things can be done with Bitcoin at present, especially through the creation of Bitcoin. That is why the popularity of Bitcoin is increasing. In the future, Bitcoin will be used through many other means.
Well, I believe that the Bitcoin Banks you are talking about is still in some countries and have not really gone round as in, widely adopted like the investment in Bitcoin itself. In some countries where Bitcoin investments are still not accepted by the Government but are only done via P2P, there is no way there will be a Bitcoin Bank I however do understand what the Op was saying about deciding not to open a new Fiat bank account but instead just hold his asset in Bitcoin but the downside to this is, he is still going to sell/withdraw when he needs to buy stuff unless there are places he can spend Bitcoin directly for whatever he needs.
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Of course, it would be very nice to see a bank for cryptocurrency in your city, this is a different protection from intruders. It was also possible to put one or another cryptocurrency at interest and earn together with the bank.
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Economic activity should safe and have fair result, your decision is correct. I think you should also realize that built off line business also important so you can double income. Minimum risk can do using stop loss but to avoid bankrupt built another business for saving.
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Bitcoin has not yet been legalized in my country, so although I recognized Bitcoin as a digital currency, I could not recognize it as a digital bank. Most people in our country are more guru than paper money With. So in my country Bitcoin will never be recognized as a bank.
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Bitcoin is one of the most popular currencies in the crypto world. The way we usually keep our cash in the bank at the end of the month Just as we can make a profit, so we can make a profit by investing in Bitcoin.The price of bitcoin is just rising overnight. This bitcoin bag is just going up like a crazy horse. Bitcoin will reach around one million dollars by 2025. So now if we If we can keep investing in Bitcoin then there is a possibility of making a profit later. However, the price of Bitcoin has been stable for some time now.
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If In this world have world bank. Btc Is my bank. Btc is World bank in thi cryptocuency. Btc Is Father of all cryptocuency. When i need Safe investment i going to on BTC. Because of its wrold and its my safe bank.
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if you implement bitcoin as a bank then it is a very smart choice because by saving money in bitcoin then you can get a lot of profit and of course you can eliminate admin fees that may be hot every month and currently bitcoin is indeed an important threat to bank owners .
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A right choice when you decide to invest in Bitcoin, every year the Bitcoin chart continues to increase because of the large number of investors' interest in BTC.
All Banks are currently adopting Blockchain technology and there is nothing you need to worry about, Bitcoin Price will continue to rise as the number of requests continues to increase, we will see a BTC Halving in the years to come, it also pushes the Bitcoin price up.
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if you implement bitcoin as a bank then it is a very smart choice because by saving money in bitcoin
We don't save money in Bitcoin, we invest our money in Bitcoin. So, there is a chance to multiply our funds if we invest in Bitcoin. It is different from saving in conventional banks, the profits won't be very significant. While investing our money in Bitcoin, probably earn significant profits since it has big volatility. The value of Bitcoin can soar or increase massively.
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A right choice when you decide to invest in Bitcoin, every year the Bitcoin chart continues to increase because of the large number of investors' interest in BTC.
All Banks are currently adopting Blockchain technology and there is nothing you need to worry about, Bitcoin Price will continue to rise as the number of requests continues to increase, we will see a BTC Halving in the years to come, it also pushes the Bitcoin price up.
Even though I do agree with Investing In Bitcoin as you are able to increase your profits during the Bull/Bear market circle as we are currently going through and also depending on whether you are a spot or Derivatives trader, I do however also don't believe that every year the Bitcoin chat continues to increase. Let's not forget that there are Bear market years when all cryptocurrencies dip in price however, investors' pattern of investment differs, either we are the HODLers thru BULLS/BEAR circle or we sell and buyback in between circles. Everything works if the investors know how to trade the market.
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
You have made the right decision as far as I know. If you have money in the bank there you can benefit. But if you invest in bitcoin. You can benefit a lot more from the bank. So I think it would be great if you could invest in Bitcoin. Thanks
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Thank you for that. Now I have some idea. Thank you. I have benefited a lot from reading this topic of yours. Thanks bro.
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Crypto is volatile, not advisable to put all the money if we are not sure to win the flow. Big investors can go with the flow, but we small investors must do what is the accurate thing to happen to win the market as much as we can. Lost is not enjoyable but to win.
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Well, let us hope for the best mate. The good thing here is you put your money in bitcoin even though it is very risky yet safer than the others.
I think bitcoin investment is the most secure investment right now if you dont like the bitcoin value via USD. because if you look bitcoin via USD value, this gonna be useless. Because the every usd value will keep decrease on but the every satoshi amount of bitcoin value will keep going up. This is why i think, we must know such currency that has safest investment and security .