Its normal. Anything that has good prospect and values, you always see jobless people who have nothing to do other than cook up false stories just to kill its worth. I think we all bitcoin lovers should stay away from fud and just support and believe the whole bitcoin ideology.
Right.You could just stop some foolish people from doing what they are used to do.If we really believe in crypto,then we should not respond to the spreading fud news because they're just a total waste of time.Keeping positive all the time is still the best thing to do. |
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In 10 years there will definitely be more adoption, it might even take a future economic or financial
downturn worldwide like in 2007 to drive more people to realise what bitcoin can offer.
Exactly.Bitcoin and the rest of potential cryptos will be more acknowledge by people and even make them legalized by the government.Then maybe by that time bitcoin will already have a very high price that anybody would really crave to own even a single one. |
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I do not agree that Bounty requires KYC. and I'm not sure that my data will not be used by scammers
I also think that way.It's still much better to keep your data private and stay anonymous until the bounty ends.Yes it will minimize people with multiple accounts but we don't have an assurance that our datas will be safe with them too.We can still be scam in the future. |
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We have to hold our coins for years (if not trading with them) as bear market can last for years. We had that situation from from 2013-2017 and now we have it for 8 months. So, we have to be prepared for long run and be patient.
Of course we should be prepared all the time.But i think the bear market won't really lasts that long because i still believe that before this year ends,the market will have a good condition already.Holding bitcoins for five years might give us huge profits already in the future. |
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Before you start investing, it's good to learn what crypto trading is. This will really help you. In addition, learning from seniors who are already experienced. And you can start your trade well. If you ever lose, that doesn't matter because the trade is profit and loss. Minimize your losses by holding coins if the price is down.
Yes.Make sure you know already the basics in trading before engaging into real trading.And yes learn by asking suggestions from the seniors maybe through bitcointalk forum because they will surely give you good advices.And start trading even with a small amount,that's fine as long as you trade for profit and not with emotional satisfaction. |
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Yes, the bear market will always good for the investors to grab the coins because every time it is not possible to run the bull market. The market will always give chance to investors to buy them when the prices are decreasing, before increasing the price, almost all coin prices will start decreasing in the market.
Right.The bear market will always be good for all investors and holders because it gives us opportunity to buy more potential coins with their affordable prices.Then hold them for long to make a good profit when we see the prices increasing again. |
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You can definitely invest but if you really want to invest, invest for long term or period because currenctly the price is low and you won't earn any profit in short time so if you really want benefits you have to wait. This is also the best time to invest in bitcoin I would say.
I agree.This is the best time to invest in bitcoin since the price is still in dips and you could make a good profit from it if you're patient enough to wait until its price rises.Avoid investing in some altcoins because this time most of them have turned into shitcoins. |
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My own strategy when bitcoin prices are fall was I mandatory just hold on it wait for the time to rise again. Then, if the prices dump lower I would buy many of bitcoin and just hold on it. The long term hold means a good profit will be back.
Same with mine too.I always hold my coins whenever the prices go down.I just relax and wait for the price to rise up again because surely it will have its own time to increase its price.Just be patient and you'll never lose with this dump market. |
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There are so many things you can do to survive a bear market. Bear has been persistent for some months now and it has rendered so many traders to zero percent. To cope with bear market, one must be fast in learning. Don't be greedy when in profit
To survive the bear market, all you have to do is just hold your coins and avoid trading or selling in order to preserve the amount of tokens you are holding. Agreed.I also prefer to hold all my coins particularly when the market is down.It's very hard to make profit during a bloody market so to cut out losses,never ever make a decision that will make you regret in the end.And i'm sure you won't get losses if you never resort into panic selling. |
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From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.
may be what we are talking about right now is not about crypto first, but how we can make a cashless society by using a digital currency, to make it digital it needs time, not every part of this world already have the capable technology Most people in various countries must be still use fiat money, only a few people use digital currency. Digital currency is probably only used by rich people or people who know about technology. This has become the habit of people from the past using fiat money, not any complaints from them when using it or to switch to digital currency. IMO fiat currency will not really lose its value,but maybe lessen its usage as years goes by.But eliminating fiat currency might be impossible to happen knowing still majority of the people are still using it to buy their own wants and needs. |
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A lot of hype but not a lot of adoption. The biggest problem with cryptoocurrencies is the fact that most of it is not mainstream. Even Bitcoin being the largest and oldest cryptocurrency is still unheard of y most of the population. Other coins are much much worse.
Bitcoin might have been unheard of a few years ago, but the bull rally of 2017 ensured that people in most parts of the world have heard about it, even if what they have are mainly misconceptions. I would see this as a positive - when all these people hear about Bitcoin and adopt it, the price will explode. Publicity can help in this regard. Yes.Publicity whether it brings positive or negative updates,it will still help cryptocurrency to be more popular and invite good investors that are willing to take risks investing in crypto.So it will still create good benefits on the side of cryptocurrency than having no publicity at all. |
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Start with small amount and learn about trading first before you try it. Indeed trading have the risk but it's not mean you will always fail if you do that, you should try to know your skill in trading and learn how to control your emotion especially in red market. Don't be affraid of something that you've never done, just try it.
Take risks.You will never learn lessons in trading if you never try it by yourself and are afraid of taking risks.Since day trading is more risky than long term holding,i suggest that you should be more patient and more focused on the different movements of the coins in the market so you will know the right timing to start day trade. |
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I think majority of people here are very selfish ,. Believe it or not. They are hiding and choose not to tell to the other person especially to their neighbors what is cryptocurrency all about.
They don't want to spread the mechanism of it. And that is very wrong for me.
We must encourage people who have no idea to the cryptos. Teach them how to use and explain what is the benefits of it.
This is also for the good of our industry .
Remember the status of cryptocurrencies as of now is endangered and the value of bitcoins is gradually dropping .
So, the good thing to do is to spread out the operation of Blockchain technology.
This is a very honest advice from you. The more we get more people to join cryptocurrency, the better it will be for its acceptability and stability. Let's not be selfish about this. Tell others. I myself is already telling to all my close friends about my personal experience on cryptocurrency.Some have ignored it,while others seem to be interested.Since i strongly believe about the blockchain potentials knowing i have enjoyed it already,i also want others to experience what i have right now. |
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I'm also sure that the Bank can go hand in hand with bitcoin bro. therefore I don't think there is a need to fear banks with cryiptocurrency bro. precisely with the bank's bars and bitcoin, it will get stronger
You have your point too.Let's not fear bank at all.They can work hand in hand with bitcoin too.Although we have our own banks like our own wallet,but maybe it will also be a good option if some people chose to put their bitcoin on their trusted banks. |
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I may not totally say yes cause some if us still gaining while the others are losing by then. We know that mostly people who have loss this time are those who are new in the world of crypto and some take advantage on it buying their coins in cheap.
Everyone loses money if they chose to make panic selling during the market is down.But if we will be patient in waiting for the market condition to make a good increase,then we will gain profits instead of losing them.But i really admire those people who really knows how to gain profits even when the market is totally down. |
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Of course it would still be necessary in the world. From the first place, for how many decades, we are using fiats for day to day transactions. You cannot eliminate that right away even though the possibilities of crypto in economy is high. There are benefits of crypto and the same with fiat. We can use both of them for our everyday life.
Right.Fiat currencies are still very beneficial to the majority of the people nowadays since they are still using it to buy their goods and pay for services.Maybe in the future it will be less necessary when most of the people are exposed already in using cryptocurrencies.I think it will only happen once the government decides to accept cryptos and legalized its usage. |
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I think we need to focus on increasing the demand as we need mass adoption to increase the flowing of transactions. The more the flow this can attract more people to use Bitcoin as for digital payments.
Yes you are right, the price will only increase if the demand in the market increase so people should invest even more in order for the volume in the market to drop. Agreed.If the demand for crypto increases,the price will definitely increase even reaching to a new heights instead.Hopefully,mass adoption will soon to take place since digital currencies are already making it popularity wider thus leaving marks to the people. |
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Screw the media. If you listen to it at all simply to the opposite of what they are saying. Media is there to brainwash and confuse you. Your best bet is to turn it off and use your own brain power to form an opinion.
Right.Media is not really a good motivation for now.It will only make you panic.So stick with your own decision because in the end nobody could ever help you but only yourself.I'm still saving bitcoin today because i know btc price will surely recover its price and may even reach a new peak before this year ends. |
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The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved. Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading. Latest Podcast Episode Discussing More Details
https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35You can see that the bitcoin price is falling very deep and although there are signs that it will be able to return to the $ 8000 level, the bitcoin price must first exceed $ 6800. The market is still bearish in the long run so I believe that the bitcoin price will probably fall to $ 5000 in next time. So being able to rise to $ 50k is a dream. I'm still open that $50k will be able to reach but not this year,maybe in the next 5 years.Hopefully btc price can hit even $15k-$20k this year and i think that would really be great.The current price is still low but i see already a price recovery little by little. |
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here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.
any suggestion on how you save your money?
My suggestion is to make an effort to earn more so you could save some of it. Otherwise it has no point. Maybe some steps could be added to this list, maybe not but in my case it wouldn't change a lot, my incomes are just not big enough so i could save some part of it. It would still be great to start saving even a small amount because once it will be added,it will still be a big amount as a whole.If you really want to save,you can also have a budget plan so you will know where your expenses go.And just buy things that are only necessary to you and your family. |
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