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In the crypto space hodlers are the ones making the money, panic sellers and weak hands will always be in regrets after selling at lose or a low price, for example check out one year ago prices was very down due to the effect of the pandemic but currently now prices has moved so high from where it was last year, imagine hodling bitcoin from when it fell to $4k last year to this present time where bitcoin prices is above $60k that's huge profit, for sure bitcoin and most high valued cryptocurrencies are for hodlers.
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Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.
No, absolutely not, bitcoin isn't for the elite or rich people alone, bitcoin is for everyone in the world who believes in the technology, also I think people who are able to live comfortably on their money wage and still have some left over can buy bitcoin, i believe they are alot of them out, it's not mandatory that someone must own 1 bitcoin, even if you buy piece by piece or own a few million sats you're okay, you don't need to buy one buy at a time. |
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Great news for all bitcoiners, slowly bitcoin is taking over the world like alot of people envisioned during those early days when it was still cheap and under the radar, more financial establishments will continue to accept it with time, we are looking at a global adoption wow, it would be so nice to have at least one bitcoin before it becomes adopted globally, 7billion+ people and just 21 million bitcoin? Bitcoin might hit even $200k hopely.
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Would you buy Tesla using your Bitcoin or you will wait to $100K?  Tricky question, but I think I would rather hold till bitcoin hits $100k+ before I will think of selling them off(if I had one, lol), cuz at $100k I would able to purchase about two tesla's, so instead of dumping now and running away with one tesla I would hold and be patient enough till bitcoin hits that $100k then I will just just two tesla at once, I'm big fan of tesla though haven't seen any in country yet, it will be so cool to be one of the first to ride that baby. |
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Demo trades are where noob traders carry out experiment, before thing of jumping into live trading, so we can't say they are a total waste of time, cuz they do help alot more than you can imagine, noobs use demo trades till they feel they having a trading strategy that works on the market, although I must admit that trading with hard earned money is alot more pressuring than demo trades, cuz demo trades its just a fake money and fake balance while for live trades that's your real money right there, if you don't control your emotions you might loose all of your trading capital.
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I would have agreed with you but then again I remembered someone can have that $50 and will still not be able to compound any profit out of it, trading is never a game of capital, cuz it depends on a trader's ability to make profit, you can't say people starting with $10-$40 are wasting their time, cuz with time of they keep winning trades they can make a fortune out of nothing, lastly trading is not for the faint of heart, anyone whose not in a stable mind shouldn't trade at all.
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I think this happened because of regulations laws in your country, cuz that seems to be the only reason why Binance would reject your Sudanese, they want to avoid getting sued for letting you trade crypto, instead of waiting around and asking why they blocked you, I think you should just move to another exchange that will accept your sudanese passport, give kucoin exchange a try it's like Binance although in term of volume Binance is bigger.
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I get your point mate, but failure during start up is common everyone fails at the early stages, I believe every successful trader today must have had their own fair share of bad days like this when they started their trading journey, so don't give up yet instead learn more and put heart into it, cause if you love what you do you can easily succeed at it, also trade so you can gain more experience about how the market works.
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Hello , I'm a bitcoin,eth,polkadot,binance holder but I would like to invest in other cryptocurrencies. What's your favourite altcoin gems? Please try to explain your opinion. Let's find the next 10X project  No crypto scam please. Thank you You are holding some x100 coins already, why not add stack up some more bitcoins cause there will come a time when you won't see it at this current price, also trying adding ADA to your portfolio, it's another beast trust me it's gonna do well in the long run, cuz I heard the owner was among the devs that built eth, so keep an eye on that gem cuz it's definitely going to do x10 in the near future, anyway I still advise you do your own research. |
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I don't see any reason to use bitcoin cash over litecoin, at least Litecoin doesn't claim to be the real bitcoin like bitcoin cash founder and supporters think, it's really funny whenever i come across any of their supporters calling bitcoin a shit coin and saying bitcoin cash is the real deal, like why don't they just say bitcoin cash is the real bitcoin cash  ?, they keep saying it's the real bitcoin, but in reality bitcoin cash is shit honestly. |
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From my best of knowledge the only altcoin you should ever consider buying is an altcoin with a real use case that will come in handy for a long time, and I think selecting those kind of altcoin projects shouldn't be too hard for you, altcoin projects that I do keep tab in are LINK, CAKE, ETH, DOT, ADA and so on, there are alot of them out there which are offering something unique, so just pick a few of them, split your capital and invest in them, you won't regret it.
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Yes there are scam coins there, Pancakeswap is just like Uniswap, they are both DEX's although they are running on two different blockchain, since DEX are the easiest place to list any token without paying an exchange listing fee or anything, scammers will certainly take that opportunity to list their shit token there, so be careful try not to buy those worthless scam tokens, it's a whole different world out here, try not to get scammed.
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I hope it's your last too, sorry about having such experience, scammers cloning a project group during or before launch is normal now, and since they can't be stopped they just doing it hoping someone will fall a victim of their scam shits, i just hope you have learnt a few lessons this time about not rushing to send out money with confirming multiple times just to be sure you don't make any mistake, cuz once your crypto leaves your wallet its never coming back,becuz the transactions are irreversible, don't be frustrated just take your time don't think too much about what is gone, rather focus on what is left.
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You buying dogecoin should depend on if you feel dogecoin has something to offer in the future not because anyone in here say you should, cuz if eventually there's a loss after buying, its only you that will bear the cross, so I will not tell you to buy rather I would advice you to DYOR, and find out good reasons why you need to buy and hold doge coin for the future, if you find any good then go ahead and buy, but if you don't just move away and look for a more interesting project out there.
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This is nothing but the truth in bunting hunting, no matter how picky or choosy you are about bounty project there will always be that project that you overlooked and it later became successful and went x10+, I also miss alot of good bounties and later I would be like why didn't I participate in that bounty by now I would have gotten alot of profits and so on, but I'm just like everyone I don't always hit the right target, most times I miss out it hots but that's life for you, you can't always win.
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Sorry about that, but I that's not the end of the road for you, cuz you still have 4 eth which if you use wisely this time and not fomo , you might be able to get back all those Ethereum in lost in that project, although it won't be very fast except you invest in a project that will go maybe x100, do pick yourself up dust yourself, and go again but this time try not to let fomo lure you into investing in any project else you might lose everything.
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