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Author Topic: Bitcoin????  (Read 1409 times)

Offline MUGNIA

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Re: Bitcoin????
« Reply #15 on: August 22, 2024, 07:06:39 PM »

A lot of people still believe Bitcoin won't grow more than it is now, a friend of mine said years back that Bitcoin won't grow more than it was and for that he won't bother investing on Bitcoin again that he will prefer investing in new coins coming up so he went ahead and invested in a certain new coin which later dropped in value and he lost his money and Bitcoin grew and he regretted.
Bitcoin has a good future very soon more countries of the world will accept Bitcoin and it will start being used as a means of payment and it will even grow more in price the future of Bitcoin is very bright and I will urge everyone to take bitcoin investment very serious.
I don't think countries will use Bitcoin as a means of payment even if they wanted to, as the number of transactions on the network is limited and everyone using Bitcoin will lead to very high transaction fees. The best we will get for the next 50 years is to use it to diversify central bank reserves or for companies to keep 1% of it to enhance their liquidity or diversify their investments.
I think bitcoin as a means of payment will not be legalized by the state, because the government does not want to have other means of payment besides fiat money, so bitcoin will only be a means of wealth investment, nothing more, even if it can be used as a payment, it will be illegal, only by individuals, not in financial institutions that are supervised by the government

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Re: Bitcoin????
« Reply #15 on: August 22, 2024, 07:06:39 PM »

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Offline Aanuoluwatofunmi

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Re: Bitcoin????
« Reply #16 on: August 22, 2024, 07:59:58 PM »
How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption?   How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?

Anything regarding achievement we so desire in bitcoin starts with a step, if we forget the hurdles and challenges, we need to embrace them and achieve the success we want from it adoption, this will have to start from how we are learning about bitcoin, things we do and what we also want from it, we all have our different reasons and purpose for bitcoin adoption and this have to be under our reach in getting satisfied seeing it a profitable one.

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Re: Bitcoin????
« Reply #16 on: August 22, 2024, 07:59:58 PM »

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Offline Dr.Bitcoin_Strange

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Re: Bitcoin????
« Reply #17 on: August 24, 2024, 09:12:37 AM »
How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption?   How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?

Anything regarding achievement we so desire in bitcoin starts with a step, if we forget the hurdles and challenges, we need to embrace them and achieve the success we want from it adoption, this will have to start from how we are learning about bitcoin, things we do and what we also want from it, we all have our different reasons and purpose for bitcoin adoption and this have to be under our reach in getting satisfied seeing it a profitable one.
Yeah some people feels they can't start Bitcoin little by little that is either they buy in lump sum or nothing, they don't see the need to to use the DCA strategy because they feel they can't accumulate enough Bitcoin using the DCA strategy, but this is a wrong mindset set, before starting a Bitcoin investment you need to have a source of income a very good one at that you don't have to see Bitcoin as your source of income you need to see Bitcoin as a future achievement when you carry this mindset and you start your Bitcoin accumulation journey using the DCA strategy and you plan to accumulate and hold consistently for 10 to 20 years you will see that your Bitcoin will even be more than enough for you, one can achieve anything in Bitcoin all you have to do is to be patient and consistent in your accumulation journey.

One needs to also secure his or her Bitcoin investment as you are accumulating you should also secure your Bitcoin investment and one way to secure your Bitcoin investment is to have a backup funds a strong one, such as emergency reserve, and float funds if you don't have all this funds in place you may lose your Bitcoin, because when you face challenges that needs financial strength and you don't have money with you it will lead you to dip hands into your Bitcoin investment but if you have them it will prevent you from dip hands into it there by securing your Bitcoin.

Online JoyMarsha

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Re: Bitcoin????
« Reply #18 on: August 26, 2024, 10:33:30 PM »
How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption?   How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?
The best way to invest in Bitcoin is to hodl it for long. Don't make the mistake of leaving your Bitcoin on an exchange, safeguard your seed phrase, stay anonymous to your Bitcoin investment, apply a weekly or monthly DCA method to Bitcoin investment, and don't give someone money to invest in Bitcoin for you just because they promise to give you profits in the short term.

Offline Agbe

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Re: Bitcoin????
« Reply #19 on: October 26, 2024, 11:18:45 AM »
Bitcoin has gained much acceptance in the last few years as Bitcoin trading was seen as a joke when it was first launched as of ten years ago the value of Bitcoin was not even really high this was. Bitcoin trading as changed the narrative in the crypto space as it's among the highest value coins in the world today with those who invested in it smiling to the bank. Bitcoin has shaped the future of crypto currency as today the crypto market is one of the best market where people put their money and get return on investment

 

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