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How to Profit from Bitcoin in 2024
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[QUOTE="Good-Guy, post: 330554, member: 29109"] I hate interest money because interest damages the economy. It makes rich richer and it increases poverty. I do not think that holding Bitcoin for a long time will necessarily prove to be profitable. We must understand the fact that there are many investors out there who initially invested in Bitcoin as they were thinking that price of Bitcoin will reach the moon sooner. The fact of the matter remains that Bitcoin trading is [I][B]VERY RISKY[/B][/I] and this is also one of the main reasons why so many Bitcoin investors have lost money. I think that big whales are the ones who are basically making more cash as they might be the ones who tend to control and influence the price of Bitcoin to some extent. Regardless of this, investing in Bitcoin is risky and this is why many people advise other to invest what they could afford to lose. This does not mean that Bitcoin investments may necessarily lead to losses. The main issue with Bitcoin is the fact that it needs more investors. Unfortunately, many big corporations and businesses do not trust Bitcoin, as they may have their own reservations regarding this. This is quite understandable considering the fact that no one knows who created Bitcoin. [/QUOTE]
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