Quote from: Youngrebel on Today at 05:06:49 PM

Best Time To invest.
And if anyone is interested to invest, this is the best time to key into the new trend. And let the person Keep it for like 5 to 10 years minimum. Though there some misconceptions that bitcoin will remove inflation but I don't think so because those who sell things will still increase to make profit. And I don't think bitcoin will reshape the world economy as someone has said in this thread.

Yeah. So, like the popular goes, the best time to invest is now. reason why it is said this way is because investing in bitcoin is often viewed as a difficult decision to make by many people especially the newbies who just started and most of which ends in procrastination. So in context of these reasons, it is best to say that the best time to invest in bitcoin is now, however little you can afford, the little steps in the start could be the most difficult and regrettable moments to recount, if the decision isn't taken.

If not for that reason, I can personally say that there are more better times to invest in bitcoin which is during bear seasons when the digital assets are down, by then when you invest, you are expected to be at advantage but again this is reason why the DCA approach is the best. It gives you the opportunity to begin with the little you can afford at any given value of the coin, then begin to build your portfolio gradually over time, during this course, you can increase your investments when it's bearish and reduce your investment capitals when it's bullish. But for me, the the minimum years one should tag as his investment maturity age should be from 8 years and above, not even 5 years in my humble opinion.

Quote from: Davidvictorson on Today at 05:34:23 PM

Bitcoin is changing the economy in different ways. Let me tell how bitcoin is changing my own economy. Mostly because the younger working class people are the one who use bitcoin, in a way bitcoin has allowed for more money to be in circulation in the country. Younger folks do jobs and prefer to earn in bitcoin which they would later convert to our local fiat and spend it on stuff in the marketplace and other places. This one goes back into the economy and more money goes into circulation. This more money in circulation helps the economy because it increases spending, production, and investment.

The bitcoin technology is generally more friendly to the younger generation than the older ones or even middle age, only that the younger generations are not yet experienced enough to reinvest what they make from using bitcoin. Bitcoin is indeed going to change the economy in different ways but is specially for countries or governments who are tapping from those opportunities available to us through bitcoin and not countries like my own that is against the use of bitcoin and see it as a threat instead of otherwise, to the economy.