How did you lose $2000 in trading? Did you sell your coins already? If you haven't sold it yet, you cannot considered it as losses. You will only lose once you sell your coins. If you see that your portfolio is in red and everything went down, just keep on holding your coins because it will eventually recover from those dumps.
Yes, his question is not really clear, if we lose, we sell the coin out, and the loss is when we are still holding the coin. These are two completely different things. But losing or losing is a lesson for him. Let's draw on experience in the market if next time encounter this problem. Yeah you're right, if you're gonna lose your money because the price goes down, you better keep hold your coin with the note the coin you hold still has the possibility to return pump, eg bitcoin. of course it is best to holding because the price will definitely go back up, if you've lost because of the wrong choice, then all you have to do is be patient and make it as an experience |
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This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.
This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.
Actually it is a good idea, but it could be for some instance or its kind of disability. I know not all of them can perform task alone and how could the perform task in crypto? It means that crypto isn't suited for them, they really need support from the government to survive. Of course not everyone with disabilities can use bitcoin, let alone having a blind eye will find it difficult to make money from bitcoin, maybe if there is a third party or charity to help each other so that people with disabilities can be productive like normal people in general, they can not stand alone to make money #imo |
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There is no work without risk and loss. And it is impossible for trading will not be loser. No matter how often lose will be done. But we have to try so that there is no loss and can get started. To be able to have a good and strategical trader. You have to know about the head of trading, then you will have to trade. And if you know how to trade, then there is very little chance of losing.
You are right there is no business that has no risk especially in the world of investment such as trading, of course the risk will always exist and I think the risk will depend on the skills and knowledge you have on the trade, if you want to reduce the risk then you have to hone your skills and knowledge |
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It's depend on you how much you need for trade, trade is free you can use of small amount to started.
and not recommended to using a lot of money if do not have a skill to do that.
Actually a Exchange site has a minimum amount of trades, but for the amount of capital you need to trade, you have to see it in terms of your skills and financial ability, if you're still not skilled yet, it would be better if you used a little capital first until you become an expert |
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that was good living in the cashless society world, can doing many transaction just in one click and can be transfered in any place anytime and fast thing, that was a huge improvment for the economic after all
Actually life will be simpler when cashless society happens because you can do a lot of transactions easily with just a click, but you know that it happens will take a very long time, because the human source has not been fulfilled for this system can be implemented |
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Such assets as gold, different metals and the bitcoin are very helpful to build your capital for the future or have them as a form of keeping your savings in too. That is why investing in them is very efficient.
Actually for long-term investments both are equally profitable, bitcoin with great potential is likely to have skyrocketing prices because many people will adopt bitcoin, while gold that has no fluctuations and inflation will be safer, gold has a beautiful future, because the amount and gold reserves are also limited will certainly make the price of gold continues to rise |
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I don't think it will die. We are talking about global P2P networks. Governments can make as much regulations as they want but they do not have the means to enforce those rules and regulations without investing into a huge "global coin surveillance network" or seriously interfering with basic human rights. The only thing what they can regulate is cashing out for fiat.
I also don't think that bitcoin will die because of regulation, you're right as good as any regulation for prohibition of using bitcoin though, user will still be able to use and transact using bitcoin, but the problem may be when you will convert to fiat, the effect of regulation is very big, but will not make bitcoin die |
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do you have any skill? like coding a website, application, or editing? or just a article writer? if you have that skill i think you can get the job and getting bitcoin as the payment from that job, if you don't have i think you can get a job from bitcoin, and you need to learn something about the new skill to get the job with bitcoin payment
The opportunities in this space are limited, so you need to improve your skills as much as you can if you don't then you're going to be another person trying to get some cryptocurrency, and as bitcoin and other cryptocurrencies get more popular the competition is going to become even more fierce so if you want to get some job in the industry you better do it now because tomorrow it could be too late. beside the skill, there are many price competition which is each person that wants to give a service have the good value for the buyer, int his section you need to make your price is competitive than other people to make the buyer want to use your services, but you can't make the quality bad, Yeah there's a lot of work you might get in crypto, one of which sells services you have, for example you want to be a campaign manager because you're skilled in managerial, but there will be a lot of competitors you might get because bitcoin users are getting bigger, just like in the business world there will always be competitors, and that will determine the behavior or not is how good you work and price you offer |
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Real risk is always associated with investment, so the higher the risk of income. So what they say is true, if you have a good financial investment. This is part of our life and you can not prevent this from happening. As he said. Go to conquer your fears and be great people for the future.
Yeah risk is always associated with investment, it can be said the greater the risk that you take, it is very possible your profits will be even greater, for example if you increase your capital to buy some crypto, of course the risk will be greater, but the possibility of big profits will you get |
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A group of whale inject and withdraw investment massively which effect the market and most people get panic if market suddenly falls,this is the situation to hold with patience and never panic sell.Actually no one know the next step of whale but past history and events help to save money.
Yeah maybe it's done by them, whales usually have a very large amount of bitcoin, if they sell most of their coins of course it will affect the market, so in general they can manipulate with the amount of coins they have, especially if the news support it, of course price manipulation will be successful |
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Legislative corporation in legal and illegally confirmed need to be very necessary. It avoids the fraudulent cheating of cheats. But as we know there is no cryptocurrency to manage it. So it's all returned to the devotees to be able to save themselves and friends around. This is what sometimes the government reminds us to be cautious in investing in the crypto world.
Yeah some governments have actually given their attention by giving statements to be careful with ICO investments, many developers who might be scammed and fraud, the absence of controls makes a lot of coins popping up with various purposes, you should be able to know which project is right true real and fake |
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Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
They can start a way but they will never win just like drugs that they can remove in their own country, cryptocurrency is helping the lives of different people so they will not be able to stop people because it was a good thing for everyone. Yeah you're right, they will not be able to stop cryptocurrency, if drugs damage people could keep walking, let alone cryptocurrency that helps many people to improve their economy? of course crypto will always exist, afterall cryptocurrency runs on the internet, government cannot do much to ban cryptocurrency |
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actually bitcoin has more risks, but how do we process it, if we can control the bitcoin price by socializing about bitcoin. otherwise, the benefits will be greater than the risk.
Actually the size of the risk will depend on each user itself, how they manage the risk? we know that bitcoin is at risk because of fluctuations and prices that are difficult to predict, but if we are good at reading the market, have the knowledge and experience, then the risk can be reduced |
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If you want to secure your bitcoin there are two ways to keep safe it. 1. Online wallets. 2. Hardware wallets. If you chose number one you have to take some steps for keep safe your bitcoin. 1. Take a very heard password. 2. Keep your password in a very secure place. 3. Don't save your password in online. 4. Activate two step authentication. 5. Don't share your password to any one. For your help give some trusted wallet links... 1. https://www.coinbase.com2. https://www.coinpayments.net3. https://www.blockchain.comIf you chose number two you have to pay some money for keep safe your bitcoin but i think this is better to keep your bitcoin in a hardware wallet. It is more safe then any online wallets... For your help i give some trusted hardware wallets link. 1. https://www.shiftcrypto.ch/2. https://www.ledgerwallet.com/3. https://opendime.com/4. https://trezor.io/5. https://tangem.com/So now its your choice that how to keep safe your bitcoin now.......😊😊😊😊😊 Your ever😊 Dont share your password to anyone else? lol tips are very useful. I think the very important tips is to use 2 factor autentication. because by adding 2fa security your wallet will be many times more secure, even if hackers have your password though, they will not get through/bypass 2fa and your coins will stay safe |
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I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
Of course we can't use any currency that is so volatile since people will not be happy if they have the amount of they want and suddenly it drops lower. I think the disadvantaged is not the seller but we as the buyer, because the seller can only use the autoconvert system to avoid fluctuations, but buyers as bitcoin holder of course the price changes that go up and down very quickly, may be detrimental to you as a buyer |
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Yes, the market is down now so this is a good time to buy. But you need to know technical analysis to enter buy orders for joints and optimize profits.
Bitcoin continues to decline and has not stopped yet, I do not think that this time is the right time to buy, although the price is cheap, but it is very likely the price drops back after you buy, maybe you have to wait for a while until the price stops decreasing |
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The target of bitcoin market, I think is everyone... Because bitcoin is created for the public, for the world, for the future.. Anyone can have bitcoin and invest. Better yet if bitcoin soon can be known by everyone in the world..
The whole world is the target of bitcoin because in the future only cryptocurrency will be usable currency and all other currencies will disappear form the market. Bitcoin is the currency of all people in the world and there are no boundaries and no limits for it. So I think that the whole world is the target for bitcoin because I want to use bitcoin anywhere in the world. That's why the bitcoin is called potential investment because of that? because bitcoin market target is everyone in the world, bitcoin is suitable for everyone in the world and that's what makes bitcoin special, maybe the adoption by everyone in the world will take a very long time, but I think it might just happen |
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Because it fluctuates every year. It is normal that people are buying btc to increase the value and sell their bitcoin also when the value increase. The supply and demand applied in bitcoin that's why it is increasing and decreasing at the same time. People who are not good at trading makes bitcoin comes down also.
Yeah falling prices are a natural thing of bitcoin price changes in the market, and we don't need to panic because of this, but the question is what makes the bitcoin price steadily declining in recent weeks? because there is nothing surprising about bitcoin price changes this month |
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Bitcoin is like the father of all digital currencies and thus must be given the respect and place it deserves but blatantly calling other cryptos garbage and scams if they have a good technology or business behind them is not fair either because many people have come into this Industry to trade other coins and tokens, to invest in blockchain business and technology so they may want to invest in more than just one idea. There needs to be a balance and many people became bitcoin rich by trading and investing in other cryptos as well and they say that is how they made the multipliers.
Yeah I think we don't have to say other coins as garbage because there are so many projects and coins coming up with innovation and technology that are very new and good, of course it is a good option or variation for investments other than bitcoin, and the proof there are many people who succeed big profit from altcoin investment |
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very good information. to protect my data from hackers is to install anti virus and add on to detect web phishing.
And never save a Private key on your computer. print out in the paper.
it's safer in my opinion.
You are right there are many viruses that might steal your data or your money, some time ago I almost lost my bitcoin due to virus, when I want to withdraw and then copy my bitcoin address, but then i paste it, its not my bitcoin address that are copied lol, luckily I'm still in focus, remain cautious with all forms of online crime |
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