What is Bitcoin and cryptocurrency? Is it dangerous and does it make sense to use them?
Bitcoin, or dollar, or ...
At a time when many people use bitcoin and other cryptocurrencies, there are still many people who don't know anything about it or don't trust all these new things... Many consider bitcoin a pyramid scheme. Others call it a bubble...Still, others believe bitcoin dummy...
So, let's see what bitcoin actually...
The article of one competent in my opinion trader inspire me to raise this issue. I have been watching him for a long time and consider him one of the most reasonable and sensible speculators... In fact all traders speculators. :)))
What is the value of bitcoin, is it true that it's a fake?
This is the first question asked by people never had the experience of using bitcoin. Modern money is all fake. After The gold standard ended on August 15, 1971 , anyone can print money as much as he wants. Here's why appeared and became so popular cryptocurrency. The world has gone crazy. We can nothing to do but to follow the rapid stream. Where? We don't know exactly, but we have no choice. So. Just use what given. I think there is no big difference between what you hold in your hands-the dollar or bitcoin. Risks are the same.
What can we do to reduce the financial risks?
Do not invest money in something you few know. Try to rely on only own experience. Other people's advice often promotional in nature. You can be declined to unprofitable for you deals and conditions. Yes, own experience is probably wasted time, money, errors are inevitable. But it gives you the confidence of success. You should always understand why you do it, not because you " want ".
A clear mind will drive away fear and bring success. Good luck!
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