Notes

Is Bitcoin a Good Investment? • Pros & Cons in 2021 • Benzinga

<h1 style="clear:both" id="content-section-0">Taking a punt on cryptocurrencies? Watch these risks before for Dummies<br></h1>
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<p class="p__0">No one understands what the future holds for digital currencies. However, one thing makes sure; they represent a clean slate in finance. While federal governments shift to accommodate crypto into their view of world economics, numerous leaders in the industry are leaping on the bandwagon. Facebook recently announced its strategies to launch "Libra," a cryptocurrency specifically controlled by Facebook.</p>
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<p class="p__1">Hence, Libra recently got stopped by many of the big tech business supporting the new crypto. Nevertheless, Bitcoin remains the most popular digital currency. Taking a look at the everyday trading volumes of the crypto sector, and the market caps of all of the coins, it's clear that Bitcoin is the only real game in the area.</p>
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<h1 style="clear:both" id="content-section-1">Some Known Incorrect Statements About How to Make Money From Bitcoin Volatility - The Motley Fool<br></h1>
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<p class="p__2">After reaching heights of almost $20,000 a coin, the Bitcoin price slipped down to the $3,300-mark. However, the cryptocurrency gradually recovered towards the $11,000 deal with over the coming year, and as of the start of Q4, 2019, the Bitcoin price is $8,300, after a selloff from the $10,000-mark. The Bitcoin Bubble of 2017 caught everybody off-guard, even skilled Bitcoin followers.</p>
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<img width="301" src="https://www.bitcoin.com.mx/content/images/2019/08/Bitcoin-Rich-list.png">
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<p class="p__3">As the price crossed the $10,000-handle for the very first time, the world began to get Bitcoin fever. This Is Noteworthy to the $20,000-handle hardly took 2-months, and individuals thought that Bitcoin might reach $1-million a coin. Image from Coin, Market, CapNevertheless, this mania was short-lived. The cryptocurrency crashed over the very first three months of 2018, giving lots of investors a difficult landing at the same time.</p>
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<h2 style="clear:both" id="content-section-2">The Buzz on Taking A Look At The Process of Making Money With Bitcoin<br></h2>
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<p class="p__4">Stories of individuals putting home mortgages on their homes to buy Bitcoin were typical, and the stories of scams involving mining business and ICOs continued to grow. The ICO mania sparked by the rise in the Alt-coin sector likewise cost lots of financiers their t-shirts. As the FOMO (worry of missing out) grew around Bitcoin and ICOs, individuals stacked into it with whatever they had and wound up losing everything they had.</p>
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<p class="p__5">Millennials are the biggest generation of users, miners, and holders (HODLer's) of Bitcoin. Millennials grew up at the start of the information age. As an outcome, they are the very first tech-savvy generation. Many millennials matured with cellular phones, and they know how to use devices and the web to earn money.</p>
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