Review on Bitcoin by Benedict Patrick
BTC sky rocketed to base level but I hope it climbs to height soon.
Bitcoin is generally made useful for related transactions that need not to visible to external traders but only a source for provisional license Marketers.
My recent experience in the value drop of bitcoin yesterday was beyond my expectations as it went sinking.Even the levels that I placed on the stop loss and take profit region it exceeded the climax positionm.
-stop(prevent)loss a good level to prevent yourself from loosing more when the trends starts to sink.
-Take(Receive) profit is also a position to start receiving returns due to the position fixed by an individual.
What then should we call btc a coin or a commodity of course it is obvious to all the are stable on the market process.
Btc is on leverage as more markets are opened up to left over stocks from investment.
Finally,luno appliances or application is quick in accessing btc options for maximizing extensive profit.The daily routine and management activities is oblivious and clear to the much effort put in place to ensure fair enough environment
Updated 3 years ago
Rating has not been changed
Bitcoin as a cryptocurrency- The recent staged value of bitcoin is on the progressive run despite the fall in market bitcoin price still tops all other cryptocurrency making it the number blockchain decentralised cryptocurrency. Bitcoin is partially affected by the market although lately there has been much more buyers than sellers of bitcoin because no investor would like to run at loss. From 2020 till date bitcoin price was one of the highest valued cryptocurrency that I have ever seen in the crypto community.
Pros
- It is application durable.
- It has segregation of multiple task options.
- It provides transparent service operation.
- It is generally acceptable if not in all countries for making payments for goods bought and service rendered.
- It is not an inferior cryptocurrency.
Cons
- It is an unstable cryptocurrency.
- Increased level of population has added to more forces on demand.
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Comments (1)
April 29, 2021
If this blockchain utilizes all such wonderful qualities which you claim they have then it is engaged as a medium for digital exchange and exploring leverages at all levels of trade with more to add to it.Thanks for your review.
