The reason why some countries do not recognize bitcoin and cryptocurrency is the idea of "illegal money" being hide here. T This action made by Belarus government to regulate is a good move. In this way they can prevent money laundering. However, some of the investors and traders do not agree with the idea.
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As China is planning to eliminate bitcoin mining in their country, rich chinese people are starting to hide some of their fortune in terms of bitcoin. Consider also their economic status, things that happen to US few year ago when it experienced recession. With these, I think you're right that this may lead to bitcoin rally especially when bitcoin price is on the rise.
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I bought TNB for 30% of my position,20 % cent of the position bought ethereum,50% of the positions are in bitcoin,How many assets can you achieve in the next 10 years ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Since you had acquired your coins just now, holding them for 10 years might not bring enough fortune to you. Better to sell them before the bearish market comes. Currently, we are having bullish market. Investors like you are building up its portfolio.
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As of now, bitcoin is considered a digital assets same with gold meaning it is good for investment and reserve right now. The future of bitcoin is more significant than gold due to the technology behind bitcoin. Thus, bitcoin can be a reserved.
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Bitcointalk Name: pinkpanther03 Rank: Hero member Stake Name: Pinkpanther03 Wear signature & avatar: Yes
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I often use BTC, I invest it for long term ,no matter it dump or pump , I hold it tightly.
I admired your belief and dedication in holding Bitcoin no matter what it takes. It is seldom for me to see a person like you here in the forum, your attitude was a good example for the holders of bitcoin or altcoins. Because sometimes, they are only patience in the beginning but in the long run they will give up and wasted the time they've spent of waiting. I really admired your passion dude, keep it up and I am also doing the same thing as yours.
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in recent days bitcoin has begun to move up. can this month get a price of 6k or even higher?
Last April, I saw many predicting the price of bitcoin will rise at a price of 5500 and that is proven. and will it be the same now.
and if it becomes a reality, will the altcoin also increase? then what altcoin do you think will rise. At the moment I see only BNB tokens that have greater potential to rise, what do you think?.
As far as I know, recently Bitcoin reached that amount of price, it just dumped after a couple of days achieved it. And now the price so far was 5789$ https://coinmarketcap.com/currencies/bitcoin/ which is going back again or more, this is really a good sign for everyone for the bitcoin holders.
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As you know IEO trend is growing but i feel IEO is profitable only for those who invested in token sale but who have purchased altcoin after launched they suffer loss majority of the investors ,as the BTT and some other altcoin examples of IEO.
I cannot say that IEO is much more profitable than ICO, all I can say is that both have a characteristics to give profit, also they are both opportunity to everyone here in the forum. IEO will only be good if the exchange are also good, especially if the exchange is belong to top 10 platform in the at the coinmarketcap.
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Many of us prefer to hold multiple kind of coins. What do you prefer: holding it in a sigle kind of wallet or have it on a different kind of wallet? Personally, I prefer to store in an opensource multi wallet that support all my preferred coin and even ERC20 token, its the only opensource multiwallet available called Hodler and so far I find it good. Do you think, this is really good idea? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2Fnh9fjw95%2Fimg-1739.png&t=663&c=xkrqhBf0KhncPw) I don't see any wrong with holding multiple altcoins, as long as the coins you holds have a potential and high volume in the market. Because if you hold the wrong coins, probably the holdings you are going to do is a big mistakes. And the time you will spend to it will just turn into nothing.
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Hello everyone, I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office. I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...
It is nice for you to do this as your part time job/income. Well, as a full time traders TA(technical analysis) will always be a part of it. Without this things it will be hard for the traders to earn a lot in crypto for sure. Just always remember the basic things in trading which is buy low then sell at high price value.
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Why do USDT pairs raise with a BTC pump and BTC pairs fall? I understand that when BTC pumps, people sell their alts to ride the BTC wave up, but it doesn't really make since why USDT pairs don't do that. Wouldn't it make sense for people to sell their USDT pairs so that they can buy BTC and ride it up, and hold their BTC pairs as the value is going up anyway? Thanks for any answers! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Most of the time when bitcoin BTC goes up in the market, some of the traders sell their holding coins too, due to they knew that most of the altcoins will dump their price value, its the opposite of bitcoin price when it goes up. That's the things happened always in this field of business industry here in crypto, I saw this many years ago mate.
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One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out
I am very agreed that Bulls need time. As you can see, bear market was already running for almost 1 year mate. And yet bull run so far is showing a good signs at the moment in the market. While Bitcoin was increasing its value, majority of the altcoins out there are getting dump its price value.
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After 3 months I will be in the army for a whole year. And I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount. I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
Nowadays in crypto currencies, there are lot of potential altcoins out there in the market. And in your case, I was wondering if you are a lazy guy or not? Though, 3 months from now you will be in the army within 1 year, right? so, what's the point of your statement here dude? Because, for me the better things to buy now was the altcoins that are listed at the top 10 coins at the coinmarketcap.
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For long term investment, I think the best time to buy your choice of altcoin was few months ago where the prices were really low. Currently, bitcoin is on the rise for few weeks already as well as the altcoins. You can actually view them on the charts. However, it not yet too late, bitcoin and altcoins prices are expected to double this year. Just as I always thought, cryptocurrency is a long term investment for non-traders.
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The currency we trade here is patience not even bitcoin itself. We all know the $20000 price is the what we want to beat before we head higher, No prediction have read looks beyond $20000 this year. Some might be surprise when we reach $6k and hang there for another 3 months. We just need to know how make use of all the position in the market before hitting the next ATH
You're right. Most people here in cryptocurrency based their prices on the all time high or in year 2017. They're making it as the basis if bitcoin is recovering nicely and/or slowly. To reach or just even to get close to it, a lot of time would be needed. Several factors will affect it.
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I don't that lost coins can be recovered. As of now, there is no app that will help you out. Those apps saying they can, most likely they are malwares designed to steal more of your coins. It's really hard to trust especially apps pretending to help you. Start checking your computer of malwares.
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One good thing that happened caused by 2018 huge downfall was the effect on cryptocurrency enthusiasts to be more aware of the scams and frauds. It taught us to be more diligent enough to reduce the number of scammers and frauds in the cryptocurrency world. Imagine how opportunists took advantage of the hype brought by 2017 bull run. At least for now, the people are very careful with their investments.
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Diversity in your portfolio might bring big fortune as long as bitcoin goes up. We know that altcoins are dependent on bitcoin price. Bitcoin investment is good, but due to its high price it will only bring little percent profit compared to altcoins whose price is very low and might bring 10 times or even 100 times when bull run comes. So, better to revise your portfolio again.
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The ones who hold coins are the ones doing passive investments meaning they don't want to put efforts. All they need to do is to buy coins, and then wait when the prices go up. This is a long term investment. Maybe these people have other business too or regular jobs that they don't need a regular income from trading. Passive investment is not bad at all depending on your purpose.
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The upward trend of bitcoin and most altcoins for the past weeks do not necessarily mean of bullish market. This few weeks of upward trend happened so many times last year and early this year. But what happened? A surprise sharp fall happened. So, as of now, just enjoy the nice trend. Take advantage of the good spikes. Start investing, we never know. Bull run might happened soon, but don't expect. Let's just hope for the best.
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