WHAT SHOULD I DO? BITCOIN IS CRASHING!!

It is a BIG PANIC for certain people who had traded in Bitcoin exchange like Forex and found out that Bitcoin IS GOING FOR A CRASH! Bitcoin had just drop below US$2,000.00 in the weekend making its opening weekly high at US$1,970.00. Whoever traded at the Bitcoin exchange last week will see huge losses at about -24% of asset value. So it goes with the people saying that Bitcoin is not safe! Bitcoin BUBBLE WILL BURST! 

However, in a different perspective, have you ever wondered why we never thought of buying a cheaper assets like how we always shop for cheap sale items. In contrary of the main stream media, Bitcoin is exactly how it is in the neutral market. BITCOIN IS CURRENTLY ON SALE!

Now here's the chance for you to BUY Bitcoin on a cheap sale price! Why not, right?

Disclaimer: The proceeding article written is solely base on the contributor's experience of the product and deem useful for the audience. This article will contain links that will be affiliated to Hashflare cloud mining investment services and CEX.IO Bitcoin exchange services. There are also affiliated links to the Antminer S9 sales made through Amazon. Note any investment or purchases made through this article, audience are advise to conduct their own due diligence before making any decisions. The contributor bare no responsibilities to any erroneous investments or purchases made by the audience. Please note that this disclaimer is only applicable to this article and does not apply to any other or future article released. Each article will hold its own disclaimer statement accordingly for audience awareness of the purpose of the article published.

Bitcoin Developers, Miners and Traders

Not long ago, before I've started out CoinEncrypt@Blogspot, I share my views about Bitcoin price surge on Facebook. Here is a post which I made about Bitcoin may tumble back to its lowest price to US$1,400.00 with price correction after peaking at US$3,000.00. Much to my notice within that month later, Bitcoin had kept its strong support level at US$2,100.00, making it hard to dip further down. However, Bitcoin traders pushed their panic button when they realized big commotions and internal warfare happened between the Bitcoin developers and Bitcoin miners. Bitcoin developers insist a hard fork/separation of making 1 Bitcoin blockchain into 2. However, the miners disagrees to their proposal and insisted like the Litecoin that the blockchain to be injected with the Segwit2x formulation. Both ways are possible solutions that leads to a better Bitcoin transaction at large block size. More about Segwit2x here by Coindesk.

How Would Bitcoin Move Forward?

No one will definitely know will Bitcoin blockchain split into 2 or Segwit2x successfully injected. Both ways will lead Bitcoin to a higher value reaching US$10,000 by end of 2018. What makes that confidence is the nature of Bitcoin itself. Remember that Satoshi Nakamoto developed Bitcoin in resemblance of Gold. It is limited in circulation and could not be printed the way how Central Banks manage fiat currencies. Bitcoin also became the pavement towards Fintech where information stored within the blockchain cannot be changed or condemn by anyone or any entity. 

So, for a little reason known, Bitcoin like any other investment asset goes through waves of emotion. That emotion comes from the traders. During good news stock market rises, and falls when bad news happens. Bitcoin is now in a tug of war between developers and miners. Traders on the other side are just playing the game of emotions of the Bitcoin value and do not play any important role in terms of Bitcoin contribition, making fake impression that lesser majority are demanding for Bitcoin..

So, What Should I Do?

Most of you who are reading this article are happened to be in a common ground. You are looking for more information about cryptocurrencies as how my blog is titled "All About Cryptocurrencies". However, most of you, by means 99% of you guys are here 'just to know about Bitcoin'. You guys aren't here to improve your financial advantage through Bitcoin and the main reason of that is FEAR (False Evidence Appearing Real). I would like to borrow a quote from Master Yoda that "Fear is the path of darkness. Fear leads to anger. Anger leads to hate. Hate leads to suffering." Because of fear, you are still struggling through your thoughts and emotions that brings you anger after you realized that you missed out a great opportunity that provides you with financial advantage. 

I believe Master Yoda gives the best advice throughout the galaxy. If you haven't read my previous post, CLOUD MINING, IS IT POSSIBLE AND PROFITABLE, you will realized that I ran through huge loses in cloud mining scams. Then did I gave up because of that experience? Fortunately and proudly I would say no because experience is the price that you have to pay from the things you lose and when you learn through your experiences, you will see wonderful results in your life! 

Enough saying about Master Yoda's teaching. I believe some of you might disagree or hating me for what I've mentioned above, yet I still thank you for that for reading through this article. So, you have your choice in life, how would you change your life is in  your hands. I can only offer these options below to make that change or stay being a scaredy cat forever.

1. If you do not own any Bitcoin, you should start to own a few right now. If you are owning it through Bitcoin faucets like freebitco.in don't even bother to waste your time there. Just go fucking buy a Bitcoin from Bitcoin exchange like CEX.IO or Coinbase (exchange service not supported in Malaysia)". But Bitcoin price may drop further.." Well, go buy a US$100 worth of Bitcoin now, when Bitcoin price drops to US$1,500.00 go buy a US$500 worth of Bitcoin. When Bitcoin drops further to US$1,000.00 or below... SHUT THE FUCK UP AND TAKE MY MONEY! (P/S: The last one is just a joke :P. Just invest the amount that you are able to.)

2. If you do not own any Bitcoin mining facilities, go and buy it from Bitmain Technologies. "But Bitmain's mining machines are out of stock.." Then go freakin' buy it at Amazon! The mining machine will definite cost twice the price offered by Bitmain Technologies. Still, do you want to lose your opportunity to earn US$400.00 per month? Or you want to stay and wait for the stock availability? Let me tell you the best method to proceed, buy 1 unit of the mining machine from Amazon. While waiting for stock availability from Bitmain, accumulate the Bitcoin earning from your mining machine purchased from Amazon. Once the mining machine is available at Bitmain, you have your accumulated Bitcoin earnings to buy another mining machine to increase your monthly Bitcoin earnings. Now, ISN'T THAT GREAT?!

3. If you are unable to own Bitcoin mining facility for several reasons like heat and noise pollution that your wife will throw you out from your house together with your mining machine, go buy that fucking cloud mining contract from HashFlare! As what I had proposed from my earlier article, just invest US$50.00. "But other people said Hashflare is a ponzi scheme.." Then fine, do your own research first before you make any judgment through other people's comment. My take for you is that, are you willing to loss a US$50 or US$213.00 passively per month after compounding for 3 years? "But the mining machine produces more return.." Then go freakin' buy that machine here or HERE! 

Now that I have completed my article, at this point of writing, Bitcoin had recovered back to US$2006.00. So it is your choice to make a difference in your life. There are 3 options for you to choose from for a potential asset appreciation or passive income. Going through these 3 life changing options is fun and profitable. You won't find the 4th option here and it is not an option for you to choose it.