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Bitcoin Trading Very High In Latin America

NoLimits15

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There has been an increased number of bitcoin trading in the Latin America region as more and more people are using fiat money to buy bitcoin. Countries like Argentina, Chile, and Venezuela recorded high levels of bitcoin trading. One of the reasons might be because of political problems in most of these countries resulting in inflation, forcing most people to buy bitcoin as a safe haven.
 

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People are becoming more aware of crypto especially Bitcoin and how rewarding it can be investing in it ever in the face of harsh economy. Buying Bitcoin and holding it to sell when due is really beneficial to all holders.
 

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Oh wow this is a very interesting development and your point does make a lot of sense, as more and more people will look to turn to bitcoin due to political instability and inflation in their countries
 

microunit

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Well they are kindof doing the right things . Might as well buy bitcoin and hodl it because the price is sire to grow rather than saving fiat money where your fiat will have decrease in value
 

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This pandemic makes more and more people buying BTC or any other cryptocurrencies and treat them as a safe haven asset since their national currencies are being crushed by USD. Hope these people will become crypto investors even after the pandemic is over.
 

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This pandemic makes more and more people buying BTC or any other cryptocurrencies and treat them as a safe haven asset since their national currencies are being crushed by USD. Hope these people will become crypto investors even after the pandemic is over.
I may agree with your point that they buy Bitcoin as an alternative to avoid weakness the dollar is causing to their currency so they stay safe financially and probably because the lockdown which might have made them read more about bitcoin and see the opportunities in investing in them
 

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This pandemic makes more and more people buying BTC or any other cryptocurrencies and treat them as a safe haven asset since their national currencies are being crushed by USD. Hope these people will become crypto investors even after the pandemic is over.
I'm seeing people still indulging Bitcoin even after the pandemic.when once they come to terms with the benefits of investing or trading Bitcoin, having and holding it will be a continuous process.
 

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Bitcoin Halving may not continue as the value is limited but no doubt holding and trading will continue cos these are the activities that will sustain Bitcoin when the supply is exhausted.
 
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