The answer is: NOYou’re not the only one who has this feeling. As someone who got into cryptocurrencies 2.5 years ago (It also seemed too late back then), I think you shouldn't spend your timing regretting on opportunities you missed. Instead, you should make your first step ASAP and learn by getting involved. What should you do? Stay tuned - Read a lot about the different cryptocurrencies and try to catch up with the latest news. Know where you are at - Try to understand how this market works and the main technology behind it Understand the Blockchain in Two Minutes Trust yourself - 90% of what you read on the internet is bullshit, follow your instincts. Learn the basics of technical analysis Crypto Investor's Guides - CryptoPotato I hope it helps, GuerrillaBuzz Cryptocurrencies and all of their investments are always closely related to all the risks that are obtained, it requires confidence and patience in doing so
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Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.
along with the times and technology development, I feel it must be ready because and of course the economic system will also experience development again from the person concerned is ready not to accept these developments
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A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. for investors themselves sometimes are not sure of their own investment let alone explain to others that this investment is not a fraud I think it is very difficult to explain
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I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions. I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
it is difficult to explain if the person is not sure and believes in cryptocurrencies because the investment risk is very large and not a few people do not understand at all because of course the person is not easy to believe
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When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.
The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.
What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.
This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.
in my opinion before starting our investment, we first know all the risks that are very large and in my opinion, they are smart and smart in taking advantage of opportunities to gain profits
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why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic. we will see from this graphic : 1. On April 29, 2013 the price of Bitcoin was only $ 135.302. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.143. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short. with the opinions that you convey might make investors more confident and patient to gain profits in investing in bitcoin
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When will the youtube and other websites start to pay us with bitcoin?
someday it will happen if bitcoin has been recognized all over the world as a valid and valid currency because for now there are still many countries that prohibit bitcoin and make transactions
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So we all know BTC drops when people sell their coins... but the peaking is purely because of investments... The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing! Surely there are ways to bring the awareness of cryto to the population. Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall... What are you doing to spread the awareness? all back to the investors if the investors believe and believe I feel the news or everything that is bad that happens to bitcoin, of course the investors are not confused and panicked
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Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.
Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.
Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.
An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often: - insufficiently secured user accounts due to weak passwords - Login on a phishing site - send the private keys to a scammer
If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.
But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen. The high demand and high competition between exchanges has also contributed to the improvement of safety standards.
How make you sure to safe your Bitcoins?
security problems experienced by investors may be one of the risks that we will get, no one can guarantee our security from hackers who seek profit from other people's losses, I make regular code changes every month and do not open sites that I do not know
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maybe if what you are telling me is a truth I think that something positive progress is awaited by investors, later my country government will certainly be able to legalize and recognize bitcoin as the prevailing currency
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So I asked my friends regarding their opinions and impressions about bitcoin and their answers made me laugh. One of my friends answered: "Bitcoin? Bitcoin is used for transactions in deepwebs to buy drugs!" So they think that bitcoin = deepwebs. So they stay away from bitcoin thinking it was illegal Another one: "Its just a waste of time. You will not earn from it" And when you give him proof that bitcoin is valuable they'll be like "omg teach me how!!" Lol And lastly, "Bitcoin? Bitcoin is a scam" So yea they think bitcoin is fraud and a scam. It's so funny to think that people who don't have knowledge about bitcoin automatically thinks that bitcoin is a scam because of the issues regarding bitcoin scamming. So yeah. it may be difficult and difficult to explain bitcoin to them for now because for them all lies and the risk to get a profit in it for me is no problem the most important thing is that we ourselves must be confident and patient with what we invest will benefit
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August 13: Crypto markets have today failed to sustain their short-lived recovery, with Ethereum (ETH) plummeting to a multi-month low below $300 and only a scant few altcoins spared from the widespread losses, as Coin360 data shows. Bitcoin (BTC) is seeing only minor losses on the day
seeing from what is happening now is certainly very sad for many investors who feel fear and panic, but all that goes back to our trust and confidence and the patience to keep investing
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Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ? the state prohibits the existence of bitcoin in the country has a strong reason, maybe one of them the government is afraid of inflation on the country's currency
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Hello, taxes, regulations, bans - where in the world is the best place for bitcoin users? Such a place should also have easy access to the Internet, Bitcoin Exchanges, maybe Bitcoin ATMs (that would be nice ). Any suggestions? I want to find out the most Bitcoin friendly country Comments are highly welcome. Best wishes. for now maybe bitcoin is not as fully as you would expect bitcoin will be safe and comfortable in investing, of course it takes legality from the government to be a safe place to invest, of course, in countries that have recognized and formalized bitcoin as the prevailing currency
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I have seen many threads talking about should I sell now or wait till BTC moons. When I see these threads I marvel and move on to check on different topics or threads because I know the person doesn't know what he is talking about. Diving more into cryptocurrencies, when you sell now it means you are a coward and don't even know the kind of cryptocurrency you are dealing with. One thing is that, its really kinda pity to see those topics raised. I have set a goal and until that goal is not, I will never sell BTC and that's me.I want ask that is it because those selling the coin are newbies and are afraid of loosing some small $s or they haven't read much about bitcoin or the cryptocurrencies or they have low knowledge about the blockchain technology?
there may be a number of reasons that I often hear of urgent and lacking beliefs and beliefs that panic investors with bad news and low prices so they sell them
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I wondering how many people would still say HOLD #Lambo #tothemoon for they speculate market could be good in the near future. Well if you wish to get nothing out of your money then better hold until nothing left and congratulations on holding your crypto.
nor does it sometimes withstand patience and take advantage of the opportunities available to get it is also needed in its investment if it becomes a victim of course it is less patience in waiting to get profit
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Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
in my opinion, managing bitcoin cannot do that by regulating its investors, if the government regulates I think bitcoin is an official currency and applies to transactions if the government regulates it certainly must guarantee the security of each investor
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Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
maybe it's just a myth in my opinion no one can control the price or value of the future crypto currency if there is only a prediction to believe it I think something is not necessary
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In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.
However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.
This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.
Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
if you look at the price and its development right now your opinion is correct but no one can know for certain how in the future cryptocurrencies will develop for me to take advantage of the opportunities that exist to get profit
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Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013. In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
the best and no problem is not a reason to invest with bitcoin bitcoin is indeed a pioneer of crypto currency and maybe with investors who believe and believe in bitcoin makes bitcoin will continue to grow in the future
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