Store your bitcoin - page 2. | Bitcointalksearch.org

bhabygrim

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Quote from: FarhanAkhter on March 18, 2020, 01:20:31 AM

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

It is just a pure prediction we couldn't be so sure about the price or anything about the future.
We couldn't be so sure if it would only take a several months for it to rise again it because everything has been affected by the virus.
I think there are so many country that have implemented a lock down for a certain period of time and because of it surely their livelihood would be affected.

Bitcoinislife09

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Quote from: FarhanAkhter on March 18, 2020, 01:20:31 AM

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Surely this is just a traits of bitcoin in the past years we already experience a lot of dump, This is not all negative since their was a dump in the market that probably because of the coronavirus spreading.

But obviously bitcoin price in the market is just volatile and this is the reason why bitcoin is profitable meaning this dump doesn't mean negative at all since investors could invest again in bitcoin to gain profit plus market is not going to reach a zero market price because of the investors demand.

samcrypto

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Quote from: Leonardo7 on March 24, 2020, 01:17:44 PM

Quote from: Chris Barth on March 18, 2020, 10:48:00 AM

The more it spreads, the more the price dips (if actually the dip is caused by Covid-19)

What do you really think is the cause of this current dip? Covid-19 has been spreading and bitcoin has held its position at $6k zone and this turns out bitcoin may just be resistant to this looming global financial crash.

So many reason to consider it just happen that Covid19 created so much panic to the people and resulted to a market crash on many countries. Store more bitcoin because its a lot more cheaper and the cryptocurrency is still growing, more chances to get a higher profit if you do it as early as possible.

SUMBI99

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Quote from: FarhanAkhter on March 18, 2020, 01:20:31 AM

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Buy and store might give you headteacher just play with markets buy when low and sell when high in this current situation

kaneki007

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I really hope that this situation will end soon and the world will soon recover so that people's activities can return to normal, when the bitcoin price dumped a few days ago I still hold it and don't panic sell unless I really need money for my needs. And now it seems that bitcoin has recovered its price back to 6.5k$.

hahay

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Always praying and striving for this situation is the main thing we have to do and indeed, with the collapse of the market price this is at least a moment for us to buy more or maybe just to keep hold it because after all, there is no need to panic and worry about the future just because pandemic coronavirus, because when this situation has improved and all activities return to normal, then recovery and improvement in the near future like something that is sure to happen, be patient.

Leonardo7

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Quote from: Chris Barth on March 18, 2020, 10:48:00 AM

The more it spreads, the more the price dips (if actually the dip is caused by Covid-19)

What do you really think is the cause of this current dip? Covid-19 has been spreading and bitcoin has held its position at $6k zone and this turns out bitcoin may just be resistant to this looming global financial crash.

bearexin

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When the market started crashing I wasn’t afraid. Although I don’t know what the future holds, but I felt like after everything the price of bitcoin will still go back up and the way I’m seeing it the increase that will follow after this fall might be huge.

Another reason why I am not worried about this situation and what has happened with bitcoin is because I learnt early to be cutting my coat according to my size, so no matter what happens I know that whatever loss that occurs is something I can afford to take. I still have plans to invest more but not now, I’m just going to wait till this issue of covid-19 pass.

Pixyoxx

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Even I also think that we all should store our bitcoins , As in my opinion bitcoin prices will hike in no time, in near future the price could go upto 20% more because of all crisis happening in the world the price of bitcoin is low as soon as the market rises again the bitcoin will show its true value again. so i think that we all should store our coins right now for the profits in near future as soon as the corona is over.

Cryptoreflector_666

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Quote from: kayvie on March 24, 2020, 11:49:20 AM

Well, this kinda good advice. We should take advantage of the current status of the price of bitcoin, even if we can't really guarantee when will bitcoin will rise, it is still a good chance for everyone to store enough bitcoin to make a decent profit in the future.

This attraction is repeated every year and all the same mistakes. Bitcoin is a profit in the long term and nothing more. Everyone who has earned good money on bitcoin says that only time has helped them. Don't be stupid - free cheese is only served in a mousetrap.

kayvie

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Well, this kinda good advice. We should take advantage of the current status of the price of bitcoin, even if we can't really guarantee when will bitcoin will rise, it is still a good chance for everyone to store enough bitcoin to make a decent profit in the future.

CarnagexD

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Quote from: Oasisman on March 24, 2020, 04:57:18 AM

Quote from: Sadlife on March 23, 2020, 07:50:52 AM

This is one of the post that most investors should listen and follow, buy the dips whenever you got the chance to buy cheap BTC. Because after the 80% flash crash, it recovered in just a matter of days after the crash. Showing the strength in price. If you've traded with that and bought the lows, you have gotten really great gains.

Those who bought at $4,100 might be the luckiest If ever the price would rally back to 5 digit or better hit another ATH after the block halving.
Anyway, the current price today is still considered as a good entry point prepping up for the possible bull run.
And, we would see a much better figure if the spread of corona virus will be contained in a month.

The bitcoin halving is coming and there is a chance that the market price of the bitcoin becomes profitable again and give a good market value and people already see this opportunity to make investment and appreciate the use of the cryptocurrency to make more profit also the halving month is coming for the next two to three months and there is a time again to make more investment and wait for the halving, still be careful because the market is volatile we cannot tell what will happen on the price.

Nawrod

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Quote from: BuNga_cute on March 22, 2020, 05:13:35 PM

I strongly agree with the opinion that for now it is better to save the bitcoin we have and if we have more money we can
buy bitcoin again. Because the price of bitcoin is now cheap, and unstable market conditions are very dangerous for us
do trading. But usually these conditions do not last long, hopefully in the near future the price of bitcoin can go up again.

well, I agree. I'm 100% sure that bitcoin will rise again, it's hard to say when but it will for sure. Now, I'm holding my bitcoins, I don't want to sell them. Another thing I do is staking CDL Token (on CoinDeal) because I want to earn up to 11% rewards per year (in CDL, BTC or USDT) which is great imo

wingfield_crypto

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I think this period is the right time for investments in crypto. People sold crypto during this period of COVID19, and prices dropped dramatically. It is a starting point for new investors and I think this opportunity to invest should not be missed. Unfortunately, not everyone has investment funds, and the basic rule in crypto is to invest only as much as you allow yourself to lose.

Oasisman

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Quote from: Sadlife on March 23, 2020, 07:50:52 AM

This is one of the post that most investors should listen and follow, buy the dips whenever you got the chance to buy cheap BTC. Because after the 80% flash crash, it recovered in just a matter of days after the crash. Showing the strength in price. If you've traded with that and bought the lows, you have gotten really great gains.

Those who bought at $4,100 might be the luckiest If ever the price would rally back to 5 digit or better hit another ATH after the block halving.
Anyway, the current price today is still considered as a good entry point prepping up for the possible bull run.
And, we would see a much better figure if the spread of corona virus will be contained in a month.

FanatMonet

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Quote from: Mpamaegbu on March 23, 2020, 11:58:39 AM

Quote from: FarhanAkhter on March 18, 2020, 01:20:31 AM

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Your advice can only be taken by those who have excess funds, and not someone who is barely struggling with his finances. Of course, everyone likes to save money but sadly we can only save what we don't use. Remember that Bitcoin saw worse in 2018 even without any epidemic. It recovered. We also expect it to recover again.

It seems to me that people who do not have funds and do not invest their money in cryptocurrencies they too dangerous for investment. And the main rule of investing : "You have to invest as much as you can afford to lose without harming your life."

Initscri

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Better yet, now isn't a bad time to revisit your *storage method* for Bitcoin. With everyone stuck at home, it isn't a bad idea for those folks who have Bitcoin stored in *unsafe* methods to convert over to safer methods (paper wallet hidden, etc).

If anyone has an online wallet, now may be a good time to figure it out.

Mpamaegbu

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Quote from: FarhanAkhter on March 18, 2020, 01:20:31 AM

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Your advice can only be taken by those who have excess funds, and not someone who is barely struggling with his finances. Of course, everyone likes to save money but sadly we can only save what we don't use. Remember that Bitcoin saw worse in 2018 even without any epidemic. It recovered. We also expect it to recover again.

JoMarrah Iarim Dan

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Quote from: FarhanAkhter on March 18, 2020, 01:20:31 AM

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Well congrats. I hope you're one of those who earn, or buy, and store bitcoin. You surely gain profit since bitcoin price increased. As we all know, some places around the world are recovering from COVID-19 so there will be more people to invest again or should I say back to their normal crypto operation.

ballerin and giroud

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Bitcoin price has all time low ie $3500 in 2018 ago, many people had been suprissed at that time. Now bitcoin price has been decreasing again and even it was not bitcoin only but most stock, oil and another investment was decreasing as well. We can see bitcoin price had fallen almost 50% in a few days that I think it will give a bad effect for bitcoin price in the future.

Because in last few year we were consider that bitcoin is safe haven place but by this situation I can't justify that. Whereas most intention's people to buy bitcoin are to store their money or an investment place but will they still justify that bitcoin is good place to store money? The answer will not if we see to this situation. So I can't predict that bitcoin will have high price at this year.

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