How much money is it worth to spend in cryptocurrency like bitcoin? (mgsc)

in #bitcoin6 years ago

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How much money is it worth to spend in cryptocurrency like bitcoin?

What do you call on Bitcoin, like Gates, Buffett

1.Theft Churchauce: -


Bitcoin gave headlines by giving bumpers returns, people started shopping in it. People started inquiring about this. Many people want to know how much money is put into bitcoin or any other crypto, or is it okay to put money in it? Many people think that the market of digital currency is extremely fluctuating. Since there are many types of cryptocurrency in the market, it is difficult to determine how much money to be made in the cryptosystems. So, get rid of this confusion today ...

  1. Start a little: -

The first thing that is worth noting is that start with a small amount of money in any crypto currency. Once you start with a small amount, you will gradually find out how to store it, along with its transaction process, its trading. When you understand these processes well, you can gradually increase the amount of investment.
What do you call on Bitcoin, like Gates, Buffett
Bitcoin is in the headlines these days due to the superb performance on the back of the return. Although many experts still consider investing in bitcoin as a big risk. Today, what do the great men like Bill Gates, Warren Buffett, Richard Branson think about this crypto ...

a
In the conversation with the news channel CNBC TV-18, he said that Bitcoins was spoiling the name of the Tulips. He said that there is still a lot of potential for earning in bitcoins, although he also warned that if a lot of money was spent in this crypto, then it could also fall off.

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b.
Bill Gates had said in an interview given to Bloomberg in 2016, "Bitcoin is extremely fun because it is extremely affordable." He said, 'Bitcoin is better than the current currency because it does not have to be physically yours. Especially convenient for large transactions. Gates, who is very interested in Bitcoin, should take advantage of the Bitcoin Revolution, but Bitcoin alone is not good enough.

c.
The third richest person in the world is among the big critics of Warren Buffett Bitcoin. During the question-answer by students of 10 universities and business schools in October 2017, he said that people became lukewarm at boom in prices. He said that there is no value to bitcoine as it is not a value-propelling asset. In 2014, he advised people to stay away from it while describing Bitcoin as 'mirage'.

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d.
Eric Schmidt, executive chairman of Google's parent company Alphabet, said during a discussion on Bitcoin in the Computer History Museum in 2014, "Bitcoin is a memorable cryptographic achievement and there is really a lot of value to make something that can not be copied in the digital world. . '

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e.
Morgan Stanley CEO James P. Morgan said, "Bitcoin is not just fancy, it's more than that." They said this in a function organized by Wall Street Journal in September 2017. He said, 'The concept of an anonymous currency is very interesting. It is interesting to give people a privacy protection and it is interesting that what has been said to the central banking system about its control. '

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f.
JP Morgan Chase's CEO and President Jamie Damon are also among the critics of Bitcoin. In September 2017, addressing a conference of the banking industry, he described this crypto as a fraud. Connecting enthusiasm with bitcoin to mania against the 17th century tulip bulbs, said that this tulip is worse than bulbs. Damon has reportedly even told that he will remove his employee from the job, who will be 'stupid' of Tridentink in Bitcoin.

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g.
In an interview to CNBC in November 2013, Branson said, "Virgin Glactic is a strong entrepreneurial technology. This revolution is bringing. Bitcoin is doing the same thing with the discovery of a new currency. '

Transaction of digital currency is not like online banking


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You should know that the process of buying, transferring and storing any digital currency is completely different from online banking or traditional methods of investment. If you make a mistake as soon as you have in the world of cryptocurrency, your money will be drowned. If you send bitcoin to the wrong address then the full amount of money will be drowned. There is no chance of returning from wrong address.

Add as much as possible


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This means that if you put a lot of money and after opening the sleep in the morning you know that even if the price of your crypto portfolio remains unchanged, you will not be too much in loss. Losing small amounts can make you stingy but it will not ruin you, nor will you hesitate to put money again. Anyway, people very excited about the cryptoconcases should have to spend very little in the beginning to learn its process. One formula for this is that you are not investing in more than 1% percent of the total amount of money in different types of cryptosystems. Once you understand things, you can put as much money as you can.

Thanks a lot everyone to watch my post if any question then ask me in comment .. And please upvote and follow me .

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@makemony, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

ok anyways thanks