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I admit that it can be. If you are a student and you are from poor family and always hunting a job wanting an income to the point you did not study well because of family and money problem. Then one day bitcoin comes across to your way waving hey dude come to me and I will give you money but first learn this and that. Then you do. By giving your time in school without income can drive a student to make bitcoin as the priority ofcourse it can be in the start but not whole of life. I'm not referring to all students but those who are beginner and wanting a job to help the family and to survive.
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Not really that, if you need money badly then why don't you hold your Bitcoin for a long time. I think Bitcoin investment should be made with the idle money so that it doesn't necessary selling your Bitcoin even if you need money in a crisis moment,
If you think about the investment, then you have to hold Bitcoin for the future purpose. Basically, Bitcoin is a currency that should be used for the daily life but we are converting Bitcoin into an asset for the future purpose. after all, Bitcoin is a currency at the end of the day.
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Suicide as in the case of loss investment in virtual currency may not only be the reason I think there is more to that, because there are many factors contributing before one make a decision to end up this way, but in the case of this kind of investment I think he should studied more carefully and know the pros and cons of the situation so that he will not be disappointed when what he expect does not meet. and also he should not put all money in this investment he could have at least save for himself somewhere.
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As the Post Title says "New New rank requirements" Can Anyone or any sir tell me how those stuffs can increase my rank? . I read the OP but it was harder than Maths lol.  BTW Is this April Fool Joke  |
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The chinese government or central bank is not CHINA.The people of China love bitcoin and cryptocurrencies.
Why it`s so important for the authorities in China to track all transactions?Taxation,money laundering or something else?Total control over the financial system is almost impossible.
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If people stop buying bitcoins...definitely there is a great impact into its growth. There is a great impact to its crypto market value. Other investors might be disappointed and soon withdraw their bitcoins too im exchange of real money or other cryptocurrencies. It's sad to think if this thing happens..but as a strong believer of BITCOINS...it's not gonna happen..if there might be some...many will still choose bitcoins and invest for it.
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I think that there will be always some people who will want to pay for Bitcoin. There are many developers currently working on Bitcoin who are doing their best to make it faster, easier to understand, cheap in use and more reliable. Cryptocurrencies are slowly becoming more and more popular, why would Bitcoin reach zero? This makes no sense, the possibility of that happening is so low that many people don't even consider it happening. People are too skeptical.
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Bitcoin can be hacked when you did not handle your password and other keys in a very safe manner. Doing some precautions is very important specially when doing online transactions. Be familiar with the links in some websites it can be a way for others to access your wallet and get hacked.
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You can invest some amount in bitcoin right now if you really want to but do not invest your complete money in it. After investing some amount, you can either wait for bitcoin to further drop and invest your remaining amount in bitcoin (which should not be preferred as investing in just one crypto is very risky) or you can just invest your remaining amount in altcoins.
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I think knowing bitcoin is not difficult now and we can easily from many you tube videos and the investment in these is very good now in this time if we work hard may we become successful in the future and this will provide good gains than working other than this bitcoin is good for the past present and future many good investors are now rich and they are fully shifted from stocks to crypto.
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If we are talking about technical analyis,yes it could fall below that price the last support levels will be at the $3.5k levels and $5.8k if i am not mistaken so it means if these support levels will be broke that could be bloody,that is why it is recommended to stick with the USD if the market is going to fail,technical experts says we should avoid and see what possible could happen.
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Trading is difficult for some time now. It's much more demanding and exhausting than it was before. Also it's not so easy to make profit and you have to spend much more time watching and analysing market if you want to achieve some results.
Trading is risky and it's not for everyone and in the future only few could say that they are successful traders.
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the bitcoin system is a decentralized virtual Currency, so there is no control or Central bitcoin handling by any of the parties. if someone thinks that the price of bitcoin movement is very unstable due to the deliberate elements of individual parties using a pump or dump in my opinion is not true. the rise and fall of bitcoin price is highly dependent on market demand, if market demand is large, there will surely be some effect of bitcoin price growth movement. some of the factors that cause the current decline in bitcoin prices are the decrease in investor scale caused by many factors, one of which is some negative news which is usually very angular about bitcoin
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It is not hard to not think badly about holding bitcoin. I am in a bad situation, where I have invested about 25k Euros in mining rigs and I see daily amount in Euros from total rigs is going down everyday. I am optimist though, I believe that the price will rise and not only will get my ROI back but I also will make double of the money I have invested at least in the near or not so near future. It is all psychological, I just have a peace of mind that I will continue mining and will keep my bitcoins no matter what happens.
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There are some interesting ideas that we can promote bitcoin. When promoting bitcoin or any other cryptocurrency, the primary goal is to put the branding out there for everyone to see. We can promote bitcoin by making billboards, featuring Bitcoin-related themes, bitcoin clothing, or through media. The Great Canadian Water Co. has come up with a mockup design for Bitcoin water bottles. In fact, they will be sold for Bitcoin if there is enough demand to produce these labels.
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I prefer long term investing more than short time. Not only does it prove more profitable than short term but it also helps bitcoin grow. Bitcoin as of now needs long-term investors with good characteristics. I mean those kinds of people thag does not easily get scared at the sight of a price drop. Anyway, both ways are profitable in their own ways. I just seem to like long-term investment more than short time.
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With all of these bad press with bitcoin, am sure people will avoid Bitcoin because of the exploits and especially when bitcoin is used in buying illegal drugs. I never associated myself with illegal drugs because it will ruin one's life. And I haven't tried buying any drugs with bitcoin.
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I think it is not possible that Bitcoin is over.People all over the world are crazy about bitcoin.The popularity of bitcoin is increasing day by day.In the year 2018 Bitcoin price is decreasing for some issues.But that is not mean bitcoin is over.Bitcoin price already starts to increase and very soon it reaches high. Bitcoin has a brilliant future and there is almost certainly that bitcoin will change how we live and that is the explanation behind me for bitcoin to not end.Bitcoin is the mother of all digital forms of money in the market.So you can not think of other altcoins without bitcoin.
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