Airdrops are just promotional gadgets, usually with little or no value at all. But sometimes if you are lucky you can have pleasant surprises. So, the only way to have a profit with airdrops is to subscribe a lot of them, and to hope that some of them will catch some value.
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It seems that there is an obvious aspect too often neglected by people that starts to trade: trading is a difficult and risky activity that - before to become profitable - require lot of study and experience, and a specific mind set. Without this, trading is just gambling. And daytrading becomes just an online casino.
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It depends very much from what kind of trader you are: if you are a positional one (I mean, you buy something and you bet that in some months you'll sell with profit) is one thing. But if you make daytrader, this can be a very stressful activity, and very fast it can become a strong addiction. So, take care that you don't renounce to family and friend just to stay in front of a monitor watching charts! Do you job, but put strong boundaries.
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It's funny to see how different people have different visions about the risk. I quit my job - as teacher - long time ago, and I started all kind of activities. Sometimes I had good results, sometimes not. And in some moment I was just a step to become homeless. But... I never got bored and I had experiences that I could never have had as a teacher. Now, with crypto, everything is unstable, but, you know, safety is just a superstition: life is a bitch, an then you die...
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From a technical point of view is very feasible, and probably could take less effort than we think. (I'm pretty sure that real estate transactions of the last 100 years are less that bitcoin transaction in the blockchain. Of course I can't figure) But the resistance to this project would be extremely strong: there are too many interest on the table, and it would be a real revolution in the power system. Btw, sooner or late it will happen, but - as in any revolution - there will be blood.
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Patience is extremely important, but there is the risk to confuse "patience" with "waiting". I mean, in trading timing is everything. Of course you need to wait for the right moment to make a move. But if you wait too much, you will lose a lot of occasions. So, be patient, don't be a procrastinator.
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I think that the first skill to learn if you want to trade cryptocurrencies is to not panic! Volatility is so high and anything is so unstable and unpredictable that it's very easy to have an emotional breakdown. Some basis of trading can help, but I see that even experienced forex trader have big difficulties to understand what happens.
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Yes, actually today an ICO is just an usual IPO, but without all the controls and rules that an IPO requires. It's not a surprise that they were banned in this form, more over these "coins" have no chance to be used as coins. We'll see in what way the ICO will be regulated. At the moment with the help of coins it is much easier to raise funds than with the help of shares, because there are no laws and no liability. After the legalization of the ICO, it will not be so popular and most companies will be conducting an IPO again.
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Well, it seems that a global war against the crypto world has started, even if I suspect it's a fake war, just to low the price of bitcoin. Btw, US government banned ICO, so it's normal that Instagram and facebook respect the indications.
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Absolutely! Women have something more important to do than to lose their time with so low level activity. And, as a friend of mine said, "to be appreciate as a woman in a male world, you need to make your job at least two time better than them." And she added: "well, not too difficult..." A remark: Women like to make men make money for them. And the funny fact is, it works!
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Anything in today world is moving so fast that it's impossible to make any real prediction. Of course, may be we are moving toward a new world order, mastered by Illuminati/Reptilians/Rotschild/Bildenberg or something so (choose your preferred conspiracy theory), but bitcoin is the exact contrary of centralization. To control bitcoin you need to control at least 51% of the blockchain, and this is something beyond the possibility of every actual power. But, who knows? We'll see.
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Nothing is completely safe in this world, so bitcoin is not 100%. But if you take some basic precaution, you can have a more that acceptable level of security. I mean, a home is relatively safe (not 100%, of course), but if you forgot your keys in the door...
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If bitcoin replaced dollar, it would mean that a global revolution had completely changed the world. What a lot of people don't understand is that bitcoin general acceptance won't have so many economic effect as political ones, because decentralization of money means an unacceptable loss of power for central authorities.
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Be careful; trading is a kind of videogame, and as any videogame it can become a strong addiction: in short time you start to neglect family, friends, your health, you start to lose nights on the plattform. It's a dangerous situation (I was in it - in forex - until I had a severe nervous breakdown.) Discipline yourself, decide a limiten number of hours and respect the program: health is more important than money.
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Well, a bitcoin bank is just a philosophical contradiction, because bitcoin was create just to allow people to not depend from banks. But actually any online wallet that keep you private key is practically a bank! Probably, they will start to offer typical bank services.
Btw, I don't trust them at all, and I prefer to keep my private key under my control.
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I suspect that the lack of financial education it not really a government's failure, but instead a well planned result! The lack of comprehension of the basics of the economy allows governments to fool their citizen with all kind of lies. Just a famous quote by Henry Ford: "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
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Well, you can't judge a technology that it's still in construction: any big innovation, at the beginning, didn't work well: cars, computers, mobile phones, even simple pens... but with time, there were lot of improvements; actually, any technology is just a work in progress. So, may be now it's still useless, but when the issues will be solved bitcoin will show all his potential.
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There is no relation between poverty and the currency you use: it's only about what you "don't have". And when you don't have anything, it doesn't make any difference if you don't have dollars of if you don't have bitcoin.
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Any online wallet that keep your private key is a bank, so there is nothing new to build. An you can expect that these site will start to offer all kind of bank services: loans, leasing, and so on.
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