The enthusiasm of the public and large companies towards crypto and bitcoin is increasing. This pandemic period is quite a benefit to the adoption of crypto and bitcoin. Because in this pandemic many large companies recognize crypto and bitcoin as payments for their companies. I think Spotify has thought about this long before to accept payment services with crypto. And they know that bitcoin is a crytocurrency and a new style of investment asset with rapid growth that cannot be underestimated. Because in fact, bitcoin can grow with a good value from year to year.
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Bitcoin can lose 500$ within one night. Gold can't. Why that?
Because we use it as an investment asset of speculation, the increase in the price of Bitcoin is indeed remarkable, but when it declines, the fall is also very deep. So daily fluctuations in hundreds of dollars are common in Bitcoin. In contrast to the price of Gold, the most severe daily fluctuations are only a few tens of dollars. Demand for Gold from thousands of years ago until now is very much. Besides individuals, a lot of demand from the industrial sector as well. While Bitcoin is still new, and so far they have only used it as a means of payment and investment assets of speculation. Then the selling action against bitcoin is very high. It’s only natural that the value becomes very volatile. Thus, gold price movements are more stable than Bitcoin.
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Just like the title says. I haven't been "in the loop" and up-to-date on the Bitcoin world as much as I'd like to be lately. I'm looking to see what's the most trusted exchange lately to deposit a little bit of BTC, trade some Altcoins, and withdraw some BTC again without having to worry about some shady exchange site that will try to take my money and run. Also don't want to mess with all of that KYC/AML regulations needing me to send in all of my private & personal info. like my Driver's License and Social Security Card. Only looking to start with like $20 worth of BTC, so nothing too crazy, but want it to be trusted and reputable enough that I could be playing with say $20,000 worth of BTC eventually and not worried about my coins disappearing or having problems withdrawing my coins.
Appreciate all help and advice, and if this isn't in the right spot of the forum please feel free to move it.
Thanks, snarlpill
I think binance & Kucoin & Gate.io exchange can easily solve your problem. By the way please don't lose your 2fa security key, bcs if you lose & contacted support team by email to disable it they will ask about KYC. So be aware kyc. Yes, as a trader or investor, we must always be careful and keep the security key 2fa. Do not let us lose the security key. Suppose the security key 2fa is a mobile number, then do not let you lose your mobile phone. Because the support team will ask for your personal data and important documents when you report about the status of your locked account. And when it talking about exchanges, there are many traders who use Binance as an exchange that do not require KYC. although Binance is not the only one, there are still Kucoin and other exchanges. There are many reasons a trader uses Binance as an exchange. One of them is binance always tops the list as the exchange platform with the highest daily volume. And beat nearly 225 other exchange platforms. This proves binance to be the most popular exchange platform for cryptocurrency buying and selling transactions.
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1. Create a bitcoin or cryptocurrency related "tool" website 2. Create a bitcoin or cryptocurrency related blog
Do you this that these are easy to be done? Do you think creating and also managing websites to make earning from it easy? Moreover, it is about the tool website. Not all people can do it and this is complicated. Building this kind of tool for many people may be only in mind, not to be realistic except they are expert on it. So do building blog and make some earning from it, it is also difficult related to the AdSense or joining parties campaign. if you do not know how to make and build a good blog, it will be deleted soon. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And so sorry to say that, but those ideas are not good enough. I will say that it is much easier to do a signature campaign or other bounty campaigns to earn BTC or valuable crypto. As long as we can find and choose the right projects of course. Yeah, that’s right, it is difficult to create a website. It’s going to take a lot of time to learn. Although many on the internet we find ways-making websites. And working as bloggers then, we will not get paid right away. This can take several months, maybe it's annual to be monetized by Google. This is if our writing is worth it, otherwise, we have to rebuild from scratch. But it’s time-consuming. But chances are if we don’t give up, google will accept us as partners. Even if we don’t receive money right away. They usually accumulate a certain amount to dilute our income. If so, maybe we’ll starve waiting for the thaw. At least there should be another job that pays quickly. Like weekly pay, or monthly pay.
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It amazed me in a small village in Italy, they accepted bitcoin for any payment. Even for barber payments, which are rare in any country. But I don’t know, maybe this is happening in a country that already legalizes bitcoin. Like Japan, for example. But I’ve never heard such an amazing story before. In fact, it’s from a country that legalizes bitcoin though. Let alone in a small traditional village that is usually untouched to the internet, this must be difficult to be found in many countries. In big cities, they sometimes accept bitcoin for investment only.
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Its a best time for People to become rich. Don't need skills just Invest in crypto stocks Gold and take Easy loans I Think its a best time for People without skills or Much of Knowledge to become wealthy. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Yeah, since you made this thread in August until now, the price of bitcoin continues to soar. Perhaps if you had invested from august, you or anyone else could be rich with the price of bitcoin now reaching $19,160, compared to the month of August which is still $12.xxx. By taking out a loan by then it might be appropriate. But frankly, this could be risky too, if bitcoin doesn’t go up in price as high as it is today. Moreover, the capital used is from loans. However, one must have expertise in crypto investing to minimize losses in investing.
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It could happen, but for now, no one can replace Eth at Number 2. No one has matched Eth’s technology to this day. If anyone follows, perhaps it still needs better and longer development. From the creation of Eth in 2014 to now it’s been 6 years, Ethereum has not wavered on its position, because its CEO is very smart to maintain Eth to this day. But we as ordinary human beings can’t predict who can beat Ethereum for the foreseeable future. But we can look at which coins are potentially much better in the future, with monitoring their progress.
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In fact, it positions blockchain technology to defeat traditional systems. That’s why Bitcoin is increasingly popular in the world community. Maybe that’s why the Government wants to make their own version of digital coins. Especially if we see a change in people’s behavior now more likely to use digital transactions. But these digital coins are not like fiat. Any movement of digital coins can be tracked, because it is the central bank that has created and issued them. Perhaps that causes the pros and cons of various circles. Although fiat is issued by the central bank as well, the transactions can be used manually.
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I am very grateful because in my country I can adopt bitcoin even if it is only as an investment asset in futures exchanges. My government does not fully allow its citizens to use bitcoin for various purposes. Although they have legalized bitcoin, it is only a commodity asset. I don’t know which country you live in, so they consider bitcoin a criminal case if you use it. My advice, as a law-abiding citizen, is that you must comply with the laws of your country. You cannot resist the government. Don’t deal legally with them. You already know the consequences! If you really seriously want to use bitcoin, move to a country near you. It’s the best option, mate. I’m honestly sad to hear this your story. But I can’t help much.
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First time getting to know cryptocurrencies, I only focused on one problem, which I didn’t really understand. This is the biggest issue for me. My question at the time “what is BITCOIN”. Then I was even more confused with all the other crypto terms. To be honest, it’s a simple question if people have been in the cryptocurrency world for a long time. But being the hardest thing for a beginner.
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I hope other countries can emulate Venezuela’s measures to adopt cryptocurrencies in a variety of mass interests around the world. In South America, there are already many restaurants or merchants that accept crypto as a means of payment and this has been the case for a long time. But to implement it in any country in the world seems to be difficult because it relates to government regulation. But this news will trigger more positive news about crypto. This will have a good impact on the value of bitcoin. It’s possible that bitcoin in 2021 could reach $25 as you think. It could even be more than that, if a lot of positive sentiments from many countries.
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Trying and mastering how to play this new game, I don’t think there are many rules to memorize, so in a short time players can master it, especially if they can win it. However, I am not sure if this new game will be popular such as Poker, BlackJack, Baccarat, Domino QQ, Slots and many more popular games. But I admit every time there is a new game, it will be curious for some players. That’s because we’re bored with old games. We can also try our luck in a new game. Who knows this game isn’t as difficult as we imagined.
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Crypto, especially Bitcoin, is in great demand during this pandemic. Especially when several stock prices dropped dramatically because of the pandemic crisis, interest in crypto is soaring. Not only has the share price dropped dramatically, but this covid 19 has also made currency exchange rates around the world falter. In addition, the pandemic also disrupted global financial market conditions. Many companies forcibly lay off employees. You’re not the only one who’s lost your job in the actual world. A lot of us lost our jobs, too. In fact, I also returned to this forum, just like you OP. Because we are all convinced of the advantages of bitcoin that is getting stronger in this pandemic. And we have all done the right thing by returning to this forum and supporting the continued existence of cryptocurrencies.
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This is one way to make the country more advanced in the world of cryptocurrencies. Applying Bitcoin to schools will help students gain a better understanding of how cryptocurrencies work, so they can compare them to fiat currencies. That way, if students learn about blockchain technology, this can be an illustration to understand the idea of decentralization in the mainstream's context. Maybe they’re not fully blockchain experts, but teaching young people about cryptocurrencies, decentralization, and monetary systems is a good thing.
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He just wants to take advantage of the current beneficial situation to be as famous as bitcoin. So he became famous. Maybe he’s aiming like that. Many people want to hitchhike popularly. And it looks like he’s quite successful with his actions. The proof is that he’s been talking to other people, and you’re talking about it this time, too. Regardless of that, he is probably the one who ever made a loss from investing in bitcoin, maybe he mispredicted, so most of his money was lost in bitcoin investments. But perhaps my opinion is also incorrect. He’s the only one who knows what the purpose of his behavior is. We can’t ban it, because people are free to express their opinions.
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It is very difficult not to be greedy when one sees the current state of the market this extraordinary. Everyone wants to make a lot of profit so wait for the new ATH to happen. This is natural because bitcoin is currently more likely to reach a new ATH. Most investors and traders are waiting for this grand moment. But the greed that is now going on makes sense because the opportunity is already in sight. However, we still have to control our emotions when the price correction is immediately to make the best decision.
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Before borrowing money to buy bitcoin, we must think about the worst likely outcome. Because of my experience when one’s economic condition is still good or more than enough, we never thought the worst would happen. It’s like a pandemic. Suddenly people could lose their jobs, and businesses could be destroyed instantly because of the pandemic. We never thought that when we were in the top position, we suddenly went downstairs. And finally, we got caught up in the loan. I don’t want you to experience that. And can’t pay the loan.
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