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BTC & Blockchain Facts...

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leophile88.70last month3 min read

We are gradually becoming much more dependent on technology and the habit of using the newest form by default choice.

 The reasons are many to be told but examples are very plain and simple - the smartphone you are using to read my blog, the watch in your hand and the Wifi connection by which you are virtually plugged in with the internet.

They are all the latest scientific breakthroughs that helped to update our own activities and better our performance standards. But above all some of the inventions are way a timely inclusion - they are : decentralized apps, server websites, data encryption technology, blockchain or even smart contracts and algorithms too.
https://images.ecency.com/DQmQFpJ6nP1kDD42DchdBBarGHwe1Mhb35Cgk3pEij5JqHs/3d_rendering_bitcoin_key_icon_23_2149390416.jpgSrc

The application #Hive that we are using, without blockchain it wouldn’t be possible to run the app and website. All the basic operations of the app are because in the structural realm decentralized software is functioning, moving in an active transaction cycle, channeling blocks and transferring hexadecimal codes by the process.

People seem to have a different idea about what blockchain is. Some of them interpret as complex, although the structure is hard and it isnt easy to decode exactly how a BTC operates in the blockchain mechanism and holds value with a time being.

But, the coin holds value because to some level it is going through mining procedure and since the coin is just "digital" in form and all the tokens are holding value virtually and in a realistic and pragmatic point - the coin has no value as we see.

The coin now prices $78k+ and bull cycle is continuing on. The price of it might be increased even more and public would be looking for the quick business and profit to draw out from a convenient time.

Because, in any business timing is very important. That says, sometimes price can be low and even bull run can be continued. At some point, the #price of a coin might have a "static level" and plateau price would be affecting market sells and purchases.
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Yet, #BTC being the prime currency, it is still being sold at high price and the people in an waiting line arent sitting back to buy and hope that price would some day rise up and a quick profit can be made afterwards.

But the fact is there are no limits of #loss and #profit of the digital token. What I think the best strategy to hold BTC is to look at how it is improving its price, grabbing the token on the up would be a nice move.

Bull cycle stays long and starting from plateau to the up is lucrative. Because within a short time the sell option can be switched on and if one wants to move away from it - he can do it no matter and not waiting for the future.

Lastly to say, BTC trading would be very progressive in the future, because already people have started to #invest and dominance over blockchain would be possible by it.

One should look for the mighty stream to follow and act thereby to get one step ahead in the tough nature of market competitions. In either way it would prevail in the future to come.

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