Post by afifatabassum on Mar 12, 2024 9:54:28 GMT 1
For about 1 year no one has been talking about Bitcoin anymore and, coincidentally, its value has miraculously more than tripled. If, for example, you had bought the equivalent of €10,000 in Bitcoin on August 24, 2015 at €209 each, today you could sell them for €646 each, obtaining a whopping €31,000. A real coup given the times. The money, in fact, yields zero interest in the bank except in certain cases, counting the expenses, even ... bitcoin___the_''quantum_''coin_that_increases_in_value if you_don't_look_at_it ... slightly negative. The trend of this coin, however, seems VERY positive even if no one is able to say how long it will last.
The big problem with Bitcoin, the decentralized Brazil Phone Number virtual currency that lives its own life thanks to the internet, is closely linked to how much the media talks about it. As soon as the spotlight of newspapers, banks, TV, nations or various institutions turns on this ''popular'' currency and starts talking about it (usually bad) it immediately loses value causing the graph to plummet towards zero. But for now the graph is this one below (1 year screenshot taken today from BitStamp, the largest platform for buying and selling Bitcoin in the world): bitcoin chart july 2016 bitstamp As you can see, cyber currency is flying full sail with the wind at its back. The problem is that few have fully understood how the system works and the weak trust that gives value to this new currency is continually jeopardized by ''rumors'' that can decree its global success or sinking in a short time .
The latest rumor doing the rounds online? If Trump wins, the value of Bitcoin should skyrocket... So what to do today? Has the maximum peak been reached? Or will it start to go down? Is it really destined, as many claim, to become the most used trading currency on the planet? If this latter eventuality were to occur, nothing other than a tripling of the value: we would be talking about 10,000 or 100,000 times what it is worth now! In general, buying some Bitcoin, taking advantage of the moments when it is worth less, and keeping it there for 3 or 5 years to see what happens might not be a bad idea. The important thing is to always act with prudence: you must be ready to lose the capital invested in something so risky with your eyes closed, without causing particular earthquakes to your economic assets.
The big problem with Bitcoin, the decentralized Brazil Phone Number virtual currency that lives its own life thanks to the internet, is closely linked to how much the media talks about it. As soon as the spotlight of newspapers, banks, TV, nations or various institutions turns on this ''popular'' currency and starts talking about it (usually bad) it immediately loses value causing the graph to plummet towards zero. But for now the graph is this one below (1 year screenshot taken today from BitStamp, the largest platform for buying and selling Bitcoin in the world): bitcoin chart july 2016 bitstamp As you can see, cyber currency is flying full sail with the wind at its back. The problem is that few have fully understood how the system works and the weak trust that gives value to this new currency is continually jeopardized by ''rumors'' that can decree its global success or sinking in a short time .
The latest rumor doing the rounds online? If Trump wins, the value of Bitcoin should skyrocket... So what to do today? Has the maximum peak been reached? Or will it start to go down? Is it really destined, as many claim, to become the most used trading currency on the planet? If this latter eventuality were to occur, nothing other than a tripling of the value: we would be talking about 10,000 or 100,000 times what it is worth now! In general, buying some Bitcoin, taking advantage of the moments when it is worth less, and keeping it there for 3 or 5 years to see what happens might not be a bad idea. The important thing is to always act with prudence: you must be ready to lose the capital invested in something so risky with your eyes closed, without causing particular earthquakes to your economic assets.