Do not trust any sites who could be scam anytime, if you want buy bitcoin when the price is low and keep them at your hardware wallet which is safe. Wait until you got the price that you wanted, then sell them.
Bitcoin investment is very risky, the first things to do is find a legit trading site first, cause there are so many online trading site which fake, their just going to scam your investment, second train your self to face all the consequences like handling your emotions, most of the traders end up losing their profit due to selling their altcoin in a wrong decision. Panicking always put you down, so always relax when things gets down remember that Bitcoin is very volatile.  |
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I suggest you to open now an account on the exchanger you prefer so that you will know how trading works and before you start trading you must study the coin you will buy and watch some tutorials in youtube about trading.
that's true, trading is very risky you need to seek a lot strategy before you go on, If you’re buying a long position, decide in advance how much profit is acceptable as well as a stop-loss level if the trade turns against you. Then, stick by your decisions. This limits your potential loss and keeps you from being overly greedy if price spikes to an untenable level. Exception: in a strong market it’s acceptable to set a new profit goal and stop-loss level once your initial target is achieved. |
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When the first time I introduced bitcoin to my friends and relatives it took some time for them understand bitcoin.Its very hard to explain since they are new to bitcoin but now most of them are already engaged to bitcoin.
that is common, don't expect that they will understand it right away. for me before i introduced bitcion to my sister i ask her to make a research about bitcoin, so that by the time that i will teach all my knowledge, at least she have and idea of what im talking about, don't just talk about bitcoin, show them some of your sample work and show it how you did that task, and im sure little by little they would enjoyed it just like me. then show them also some of your proof of payment so that they will believe that you are really earning money in this kind of technology. as of now my sister is now enjoying this forum so i think she understand and my strategy is effective. |
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it's still important it will provide you cash for daily needs like for transportation, expenses, and also daily needs. it can be also a fix saving of money it doesn't decrease on its value not like cryptocurrency it change every time.
Bank is bank even the most richest person on the universe would still choose to stored he's/her wealth at the bank, the reason is, even if they will not monitor their money everyday they are confident enough that their money is in a good hand and it has an stable price, this means the amount that you deposit will remain at ease, so bitcoin is only good for investment but not in storage place. |
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They say that chance only knock ones you have to grab it but also you have to do something you have to work on it wisely. Chance combined it with intelligence it will be better a chance to be rich.
I already experience that situation, way back 10 years ago my grand mother give me a chance to fulfill my dream but I didn't take it seriously, until I realized that I've just throw this kind of opportunity, but I believe that those undergrad. People are more gumptious, than a four year grad, so as long as you have the determination to achieve your goals don't stop striving until you succeed. |
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Forums are being filled with speculation, almost all topics that appear lead to falling bitcoin prices, whether this will continue, this is the right time to buy, blah blah blah. Come on, the storm must pass, let us focus on the positive topics instead of continuing to discuss this 50% decline. Start talking about the positive news from Singapore deputy, bitcoin that has gone up 20% today and others. Think positive and positive things will come.
I guess we cannot avoid this kind mind set specially if you are in trading world, that is why it is very important to learn how to handle your emotions, cause sometimes over thinking leads you to a wrong decision, so always relax so that your mind can perform well, and always think for a positive side of Bitcoin not those negative one. |
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I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
of coarse you can, but before that you need to study first how to work in bitcoin, make a lot of research what are the things you know before quitting your jobs. try to balance all the situations first before you make your decision so that you will not regret in the end. i read a lot of thread here about quitting there job and base on what i have read in the thread, they all become successful in bitcoin so i guess nothing is impossible as long as you work hard.   |
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I think keeping bitcoin alone is already an investment, you don't have to do anything, just keep on saving it and it will make the money on its own until the time when you think the price is right for you to sell it and make the profit.
We know that this kind of method needs a long time in order for you to gain high profit, but if you want to have a short time investment, you can try some mining or gambling site, in mining you just need to purchase some expensive mining apparatus but 💯 it very profitable and you can earn daily, while I n gambling you can earn money every minute s but be careful cause it is too risky, but if your good in gambling I guarantee you money would be easy for you. |
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I think it's possible to have a full-time job while doing Bitcoin crypto trading. We strive for years to become a profession. There are ways to do both. A little patience and a lot of effort.
Yeah!!! It's not advisable to quit your regular job and jump into crypto world, having a regular is rest assured that you are secured for your future and you knew that it is permanent. But if you can set you self focusing in Bitcoin it would much better lots of people are now become millionaire because of bitcoin, always think all the consequences before you make a decision. |
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Read first what is the topic all about. Reply what is really in your heart...express it through a good grammar and quality post. Select word which is common and do not used unfamiliar word. Just be your self in answering the topic.
Yeah, some people using very unfamiliar words just to say that they are good in english, which is not required to do, what important is try to construct an answer that is easy to understand but it should be informative also. |
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Your not late to buy,just start from were you have met bitcoin and grow from there,it is better than not been and investor welcome to bitcoin investment
that's right, bitcoin is volatile so don't worry if you entered bitcoin late, just observe the price first before buying bitcoin, if saw that bitcoin is high wait for the time that it will dump, then when that time happen take the opportunity to buy bitcoin and hold it as much as you can. some traders hold there bitcoin for almost a year then sell it when they saw that their profit almost double when the time that they bought that kind of coins.  |
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Is it like #1 since it costs like ~$4000 for 1
I think the price it self tells the rank of Bitcoin, we all know that lots of ICO's have come out but only few of them have successfully enter the market cap, and most of the time they prefer to invest in Bitcoin because it can easily transfer or convert into Fiat currency rather than other coins. |
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Can you really be sure you will profit unless you have insider info?
Trading activity isn't just guessing about the prices but focuses on the results of the research and analysis at every time. Even though we have insiders they can't possibly be able to manipulate the prices because the price movement of the crypto is determined by the reaction of society to the market. nope, trading requires a wide knowledge in order for you to become successful in this field. now,for you to execute good trading you need research the most important things about trading in order for you to make a right decision. Trader try to communicate with other traders so that they can gathered different technique that they can apply in their trading site, and also with the help of little luck i guess. |
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We know that there are a few people especially those who believed and accuse btc as evil and they are the people who will still use the fiat. But btc will dominate fiat in the future even if they coexist.
i don't think bitcoin could replace fiat currency, fiat currency was establish by government. It has an assigned value only because the government uses its power to enforce the value of a fiat currency or because the exchanging parties agree to its value. It was introduced as an alternative to commodity money and representative money. unlike bitcoin it doesn't have stable price so the people would still choose to convert their earnings into fiat currency. |
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Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
here's some factors that triggers bitcoin price. 1. if BTC splits into multiple currencies, there is the potential for one or both chains to lose a significant amount of value. 2. if there is some security issue that comes to light about BTC that compromises the integrity of the ledger, that would most certainly cause a crash. 3. panic selling 4. fake new also affect the emotions of traders and lead them to sell their bitcoin. |
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It is already a international currency as majority of people across the globe are using it, the only thing we need is that it should hit the mainstream to get more popular in future.
i think so. But some country not accept bitcoin, so what will we do to some country like that? Well you can't do anything for that, some country's are afraid of btc cause we all know that this kind of crypto currency is decentralized, they cannot control their people making all their transaction using bitcoin, so it would not be surprised if Bitcoin would take the place being international currency rather than Fiat money. |
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For others it is a panic time for them but for me it is not because it is normal to all crypto having a high and low rate sometimes .
I agree, actually traders take this as a good opportunity because it is their chance to buy or add more coin in their wallet, we all know that bitcoin volatility is moving rapidly so don't panic if you see a hard falls down of Bitcoin just relax cause I assure you Bitcoin price will always bounce back in just a couple of time. |
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there are foreign govenrations that can not handle the bitcoin so they do not want it in their country and think they will not earn it if they can not handle it and another is not as tax bitcoin so they just do not want bitcoin and want to ban their country
Actually, whatever damage the government will do they can not prevent the person to use Bitcoin, Bitcoin is really a big help for everyone even an ordinary people could get involved with kind of technology, and just accept the fact that because of Bitcoin lots of people have already change their life, so government difficult to stop Bitcoin. |
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