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Omar Ommeish

Cryptocurrencies are bubble !!

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Many of my friends have told me not to work in cryptocurrencies because they are just a bubble!

 

But I do not think so, because cryptocurrencies make great profits for traders and investors.

 

What would you suggest to respond to those who say cryptocurrencies are a bubble?

 

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You can say that the whole internet hype was once a bubble too -> (https://en.wikipedia.org/wiki/Dot-com_bubble) .

 

Technically crypto acts like a bubble because it is very volatile, every revolutional tech attracts tons of scammers as well as investors at the start. Making the price very volatile and bad pr all around. But if you would have invested at the Amazon for example, which was part of the dot-com bubble, you would have done pretty well.

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Certainly, cryptocurrencies are not a bubble, and I believe that your friends have no knowledge of the crypto world and do not realize the true value of cryptocurrencies. I advise you to encourage them to read more articles about cryptocurrencies

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I think who doesn't have faith in cryptocurrencies then they should practically see it through this forum. Because cryptocurrencies are the best future currencies for modern world and trading. The people who spend money here and trade and invest in the crypto world, they are much profit earning people. Because actually a perfect trading can bring good earnings. It's not bubble. 

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bitcoin proved time and time again that it's not a bubble, yes it had a couple of crashes, but every time it has regained strong


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4 hours ago, Omar Ommeish said:

Many of my friends have told me not to work in cryptocurrencies because they are just a bubble!

 

But I do not think so, because cryptocurrencies make great profits for traders and investors.

 

What would you suggest to respond to those who say cryptocurrencies are a bubble?

 

"If you like my topic please give me like"! ❤️

 

 

What they have said to you is a big bluff mate. Please dont believe to them and don't lose your interest on working here in crypto because there are a lot of opportunities that you can get here like for example now that most of us are experiencing lockdown because of the pandemic and a lot of people lost their jobs but here in crypto we can still work and earn money even if we are inside of our houses sitting or even if we are in bed.

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Unfortunately, it is difficult to convince these people that digital currencies are a good field for business, and that it is not a bubble. Over the past years, bitcoin and other currencies have maintained their value and price in the market and many people have made profits through it.

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Cryptocurrencies have become a better reality and they are global and achieve profits for everyone. There are also many huge companies that relied on cryptocurrencies to pay and buy, so I don't think what they say is true. Cryptocurrencies are not a bubble.

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People who really don't know about cryptocurrency then it will be very difficult to understand but I am sure once they learn good knowledge of cryptocurrency they will not say cryptocurrencies are bubble. 

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Many people are talking like that but they don't know anything about crypto currencies. They don't believe in them because they have never used them but they just believe about any crypto news that they will heard online. But crypto currencies they are not bubble and Bitcoin is the most trusted one.

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Time is the ultimate weapon!

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No doubt crypto currencies market have high volatility and he is not wrong that it act as bubble. But we can utilize it in earning free money. Due to high volatility we can make a valuable profit from it. 

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I would advise them to look at the price of bitcoin, which has not fallen for many years since there is a demand for it, coins fall in price when there is no demand for them, and this is normal. 

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you don't have to work hard for certain people to look at bitcoin well. generally people who like gold do not like bitcoin and constantly say that bitcoin is a bubble, there is nothing you can do about it. just keep investing in bitcoin and forget about other people who don't like bitcoin

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9 hours ago, Omar Ommeish said:

What would you suggest to respond to those who say cryptocurrencies are a bubble?

Tell them they might be the beginning of a bubble. Also tell them that during FOMO some of these cryptocurrencies are making 1000 times your money. This are the actual cryptocurrency bubbles we long for.

Tell them that Verge did make 300,000% during 2017 and let them do the math. This is the bubble.

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Absolutely is not a bubble , is the future , this is they future currency witch we will working wit it , this is my opinion , because this coin is working with a really good technology witch fixed a lot of problem , and like everyone see , many countries start to create their cryptocurrency , your friend  still think this is a bubble . 

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Those who are saying Cryptocurrency are bubbles they don't know what they are missing and they will regret one day in future, as for me I don't consider crypto to be bubbles but I see them as my financial break through tools as they continue doing wonders in my life through this platform.

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32 minutes ago, George10 said:

Those who are saying Cryptocurrency are bubbles they don't know what they are missing and they will regret one day in future, as for me I don't consider crypto to be bubbles but I see them as my financial break through tools as they continue doing wonders in my life through this platform.

Well said bro some peoples consider crypto is bubble they don't no actually what is crypto and how useful for our better financial needs, because crypto helps so many ways its gives every thing ilikr earning are transfer fund in loss fees its happen only through crypto, so crypto not bubble its our future.

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It is understandable if they say that. Even you and I and the world biggest investors doubted it. Most of them now have made a uturn of their initial believe and making big investments. Don't be distracted, keep doing crypto, it will surely pay off. 

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The talk of Crypto being a bubble, is on the fact of the stability of the coin which kind mop f bring this arguments all about, as the rise and then the spark which is the fall of the Crypto coin value, as it happens nearly or it happens every time as price shift is periodically 

The talk of Crypto being a bubble, is on the fact of the stability of the coin which kind mop f bring this arguments all about, as the rise and then the spark which is the fall of the Crypto coin value, as it happens nearly or it happens every time as price shift is periodically 

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I would just show them the charts of Ethereum and bitcoin coins, many people got rich well on these coins, in order for the cryptocurrency to become a bubble, it must have a super high price, and at the moment no coin has it.

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There are different ways to call it. But the fact is that it makes a profit. There is a risk of loss but the risk decreases with experience. You should provide them with the facts of profit.

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In my opinion, if you don't trust cryptocurrency, you need to see the action through this forum. Because cryptocurrency is the best future currency in the modern world and trading. Those who spend money here and trade and invest in crypto worlds make a lot of profit.  

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I think with the help of some people, many people can start accepting crypto. A new adoption of this technology is sometimes difficult for many to accept, which is why your friends may not support crypto, try to educate them with your knowledge and experience.

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For those investors who nothing earned from crypto market thinks that crypto market is not better market for any person because only loss for investors but they don't know that every person can't earned from any market only smart enough people earned huge profits from crypto market. 

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Some cryptocurrencies are real bubbles, but some of them have really good project with great idea so they can`t be called bubble. People sometimes call it bubble because they don`t understand what crypto is 

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