Bitcoins- Future Crossroads

Guide

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There are numerous ways to earn money. You can be sure that you are not going to be on your own and will certainly have to rely on family and friends as far as money matters are concerned.

Its no secret that hard work is a must for achieving your goals and becoming successful but it is also true that you need to add something extra, efforts that are sincere and most importantly ones that are completely within a specific time period.

Time leverage is a significant factor that has to be kept in mind when you are busy into completing any task. It means that you have to divide your time equally between work and home, which is a prerequisite for the successful completion of the work at hand.

But how do to do all this? Where do you start with? How are you going to manage everything in a systematic manner?

The first step in this regard is planning. It means that you have to decide in advance what to do and how to do. Before doing something, you must formulate the idea in your mind on how to perform a particular task. This also involves a lot of creativity and innovation.

The next step is organizing. Once you have the blueprint of the plan engraved in your mind, you have to transfer the ideas on paper so that everyone involved in the plan has a better understanding of it and get to know what all is going on in your mind.

To implement the plan into action is neither too easy nor too difficult but just make sure that you have the right set of people for the right job and a fixed time of date for finishing it as it not only results in successful execution but also helps in saving valuable time for other issues.

Fortunately, the social media revolution during the 2000s, there came up many such opportunities for many youngsters to prove their mettle by providing them with a potential platform to work from both home and office, thereby eliminating the typical home-to-office office-to-home routine and rendering it obsolete.

For businessmen, investors and youngsters, there came a new phenomenon called bitcoin and turned their lives upside down. The bitcoin is a crypto-currency or, simply, digital currency through which you can make financial transactions from your own place to different people around different parts of the world.

Launched in 2009, it quickly became a resounding success worldwide, with many investors and businessmen and even the youth folk earning in millions everyday. But its downfall was as steep as its rise after the initial watershed.

It began to seen by many people as a fraudulent ponzi scheme designed nothing more than to cheat users of their money after glitches in its security maintenance were discovered, making it vulnerable to external penetration.

The people could conduct transactions through the plat form called bitcoin circuit where they were conducted in an automated manner, quite similar to automated e-mail.

At The Crossroads Of The Future

Admittedly, the future prospects look far from rosy for bitcoin. It went into abysmal decline within a few years and resulted in losses for users and also with the emergence of new crypto-currencies in the market like litecoin, ethereum, ripple, bitcoin cash and others.

But it is still expected to garner around $8000 according to many reports and may maintain this position for sometime but given the extremely negative word-of-mouth from users it could still become extinct within 10 years. We can only hope for the best.

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