Cryptocurrencies, at the moment, are as safe as they can be. Do not forget, cryptocurrencies are a technological invention, and just as any other technology, scammers are working very hard to bring it down or manipulate it. However, im sure the very brains behind cryptocurrencies are also many steps ahead in trying to ensure that cryptocurrency investments are safe. so we need not worry. Cryptocurrencies will continue to be safe. AT least safe from hacks.
do not be too afraid of hackers, you know I've been using crypto since 2013 and all this time I've never had the problem of stealing/hacking you just have to be careful with phishing sites, always use antivirus, and use 2fa for your wallet, it will make your coins always safe |
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do not be discouraged, but rather buy long-term promising altcoins, and wait 3-5 years, and then, I'm sure, their price will increase several times, and you will remain in profit.
Most altcoins are potential. but it needs to be done a thorough analysis, if the increase is not much, let alone have waited for five years, I think it is better to use btc for investment. Holding bitcoins expected to have more gains than loss. It provides easy access and high interest rate on your investments. The thing is we need to hold a little bit and don't be disappointed with the current fluctuations. if you're confident with holding then do not lose confidence because of the fluctuating market situation like right now, if you really want to hold on for the long term, I think you do not need to monitor the market any time, because that will only make you panic |
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Well I agree to some of the replies and some to not, I depends upon the Human thinking about the values of any object.
Bitcoin is biggest Bubble in human history, I beg to disagree, the price movement of Bitcoin is dependent upon the market investment posted on market for Bitcoin, remember market is Volatile, anything happened in the market, at any given time. It always affected by the volume of investment on Bitcoin as posted on the market, the price value may goes ups and down, no one can predict what to become of Bitcoin during the trading market. You are right, because of the fluctuations making any price changes can happen, even increasing hundreds of percent in a short time, even though bitcoin prices skyrocket and then weakened due to correction, bitcoin prices always recover afterwards, so I don't think that it is a bubble |
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Yes there are indicators when to take profit in trading however there are some people who take profit when they reach a certain amount they are targeting their profit on. But it also depends on the trader most of the time which or when they would want to take their profit too.
Yeah you're right usually traders have specific price targets for their investment so they'll know when to sell, I think you should do it too, so you do not get confused when to sell your coins, because usually people are confused to hold or sell when the price up |
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What else can you do? Is there really an option? It is just to wait. That is what investment is all about. Patience.
Or you could buy some more to add to that profit that you will have once the price suddenly pumps again. We all hope for that but it doesnt happen as how we just wanted it to. There are still a lot out there who are bagged with a lot of coins and then suddenly sells if they need to.
You're right I think there's no other safer option other than be patient and restrain, if you want to choose other options like buying. it may be at high risk but there is still a possibility of profit, if you just want something safe then wait and be patient mate |
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Do you think your country has a developed economy or will there be many ico projects to contribute to building up potential companies for your country?
My country is still in the development stage of many companies and businesses continue to grow fertile, but for crowdfunding using ICO not too popular here, because in my country bitcoin not too well known, so business and others still use co-operation or personal money, but the economy in my country is growing pretty good |
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In my personal opinion bitcoin gone a long way through the years of its existence, from a humble $100 to almost $20000 last year. Bitcoin still has a lot of potential to grow in the future so I think it still didnt reach its goal.
I was in bitcoin already since 5 years ago, do you know the dream of bitcoin users at that day? bitcoin could have a price of more than $5k and instead the price broke through to nearly touching $20k, I think the dreams of many bitcoin users come true, but you're right bitcoin still has a lot of potential to grow |
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Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too. http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/I am always careful about what I invest because if not careful then I seemed to give up money to disappear because there is no investment that ensures my money will be safe ... in investment if we are not careful do not expect when the invested fraud will be lost without any warranty There is no investment in this world that guarantees that your money will continue to be secure, even real estate investment is at risk, especially in online business like crypto there are many cases of scams and fraud, so you should be careful to choose the right investment place |
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One mistakes only make your world worst in crypto is you put your private key wallet address in public. Avoid this happen i'm sure you will regret it.  Lol no one is going to do that stupid thing consciously, You know that private key is the most important thing in the wallet, so I'm not sure people will consciously put it in public, I think the stupid thing done by many users is put all the assets in 1 private key (wallet) |
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In your opinion, what are the best way to serve country economically?
In my opinion following ways should be considered.
1. Better and free education system where everyone can get better education to achieve his/her goals.
2. Proper usage of governments funds in urban and rural areas for infrastructure.
3. Building new industries and companies to create more employment opportunities.
4. Better and free health policy for everyone.
5. Better law and order satuation so that foreigner can be attracted to invest in your country and pay you taxes and give employment opportunities.
6. Raising high standard of living by reducing inflation.
My way that best serve the country economically is to pay my taxes regularly. In that way the government will have funds for the project that is intended for the improvement of the country and the economy. You right, being a good citizen is paying taxes with obedience, because from taxes help the country's economy to be better, from that little thing you've helped the country's development, if you want more help become entrepreneurs and create jobs for many people in your country |
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bitcoin is using for the dark web as a payment method and criminals buy weapons drugs and other things through bitcoin and no way to caught or trace them
Thats the point, there is no way to do tracking of crime mafia, even we don't know which bitcoin address they belong to, because no description whatsoever in every bitcoin transaction, from that bitcoin very often associated with financial crime |
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Must be acknowledged and be the fact that most cryptocurrencies will crash to zero, for example is DOGE, if you buy 3 years ago and sell now then you will regret because the price drop too severe and go to zero.
Nope doge still has a price, it means doge does not crash to zero, you should know that doge price ever touches 20 satoshi and pump to 100 satoshi, then down again to 20 satoshi and pump again, this is a reasonable price change from doge, and not all coins crash up to zero dude |
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market-related to cryptocurrency has been on for 24 hours a day
7 days a week! it never sleeps as people all over the world have a different timeline.
the market is simply connected over the internet and we can connect to it via phones and computers.
Market of bitcoin is the most restless market ever which never stop buying and selling, it is open for all investors as any time of day you some so you will quick reply and will find market awaken it is only because the users of bitcoin never sleep they keep using 24/7 and all the time process of selling and buying keep on going so market never sleep it remain awaken. Bitcoin market or botcoin forum is anytime open for those people who want to invest their money or who want to earn, so people can anytime join bitcoin forum and that's why they can earn this currency because bitcoin is the only way which is make your life very comfortable and investment will also your life free from any stress because if you want to start a physical business so it will very helpful for you. I think that is also a factor of decentralization, decentralization makes everything very free and there is no control from anywhere, you can trade and buy or sell whenever you want. Than besides because users come from the worldwide will certainly keep market activity alive. maybe it's called as market never sleeps |
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Global regulation would revolutionize bitcoin as we know it, making it an accepted currency for trading. It would favour the top dealers generally, but with tax reforms e.t.c... Some would lose out.
Yeah it will make bitcoin progressing rapidly if global regulation is successful applied for bitcoin, I do not matter with the tax for my income, because what I will get when the regulation happens will be very worthed like advantages and ease in using bitcoin |
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I really love those two because if you examine the market and if you learn how to know those two cases, then you can have a great profit from them
Pump and dump is always giving opportunities to trade bitcoin in a low price and then sell it in high price when the bitcoin or any other altcoin increase too much, so pump and jump are an important part of our life, specially if we are related with crypto trading. Pump and dump is the most important part of a trade because of the two things you will get a big profit if you can sell when the price of pump and buy when dump, but for some months it seems the pump has not happened at all, and it makes many traders panic |
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Bitcoin must be the most. How can altcoin be able to overcome it?
Bitcoin and altcoin have a relationship and correlation. It is easy to see the impact of bitcoin dominating the crypto market due to its long history and development. Of course, Altcoin is very potential because the majority are built under the foundation of ETH's blockchain. It is regarded as high technology and high growth potential. Conversely, bitcoin regulation is limiting the growth of altcoin. We know that the effects of bitcoin are very large in the market, because all altcoin users are bitcoin users, so the effect of the bitcoin market certainly results in the altcoin market, the dominance of bitcoin is very large when altcoin will take over? if all users want to leave bitcoin and move to altcoin |
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daily trading in my opinion is trading every day using very much capital you can use it for trading every day dnegan utilize the existing coin price movements, although your profit a little at least you can get a profit.
I think doing daily trading does not mean using a large capital, using a small capital if you do trading every day you can be called daily trading, the point is daily trading has more frequencies do to trade and of course the risk will be greater because you will more often meet market fluctuations |
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I think it all depends on the price, if the bitcoin price goes down I will sell my alts, that way I can buy a lot of bitcoin. we need to know that bitcoin is more potential than alts and bitcoin prices may affect other altcoins.
Yeah if conditions permit we will do that, you know how traders work, they will sell when the opportunity comes and buys when the low price comes, not the problem of selling altcoin because that's what we'll do if the opportunity comes when the price goes up, and when the opportunity comes (bitcoin price down) of course we will buy it |
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As a successful part time trader, you must balance work and trading by cutting down time for unncessary items on your schedules. Reducing social media presence for an hour a day can go on to add some time resource for your trading activities or even reviewing charts.
Yeah I think you just need to adjust the time between work and trading, reduce the time in social media, because I know most people nowadays spend more time in social media, you can use that time to do parttime trading, actually the key is to manage time correctly, to balance between regular job and trading |
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In trading, you dont have to be greedy. All you need to do is to follow the exact rules. You don't have to want everything for yourself. At a ponit in time, if after selling your coins, you realize that the price goes higher, you dont have to be agree with yourself.
Greed will only make you lose the opportunity that comes dude, you're right for trading you just need to follow your strategy and plan, make a target price to sell your coins, and follow your rules and plans, do not wait too long for the price to go up, because your greed will only hurt you |
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