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If government should have control over bitcoin, then bitcoin is no longer decentralized, and when that is done, the aim of bitcoin has been defitted, and might no longer have the interest it is having now.
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Absolutely true, crypto is the only investment that can make you rich overnight. With a little investment and patience, on can get a very outstanding outcome. Looking at time like this last year, when a man sold all his properties to buy 1 btc, and in the period of 2-3 weeks, he never regretted the decision he made.
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I will agree with you OP, cause, since the start of this year, it has been a down trend on the entire Crypto market, where the market is filled with red colors everywhere. It takes patience and understanding of how the market moves, before one can take the right decision. Truelly this is the year for investment, no matter how small the investment is, this is the right time for it. Cause the bull run will always come.
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With Cryptos, yes one can still get rich. Strategy that is used in trading and experience too as a long time trader, will be of great importance at this time. If one can hold for some good period of time, then you can get your profits. Know when to sell and when to hold, otherwise, you are a day trader.
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##PROOF OF AUTHENTICATION##
Bitcointalk Username: osasshem
Telegram Username : Stuart123
Campaign : twitter+facebook
Ethereum Wallet Address : 0x06B1bF7304d044F7B3e9062493538855f563b48f
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Based on the understanding and knowledge of following up with the cryptocurrency for the past 6 month, my inference is that the cryptocurrency is highlt volatile.
Is it a good approach to stay invested for long term in the altcoin space?
It is a good approach I will say. If you've gotten your capital, which is the major thing for investment, then you can hold for as long as you can. The good thing about altcoins/tokens is that you'll always get back your capital, and there must be some profits that will be gotten too. |
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What if the refered person/friend ends up not being able to trade to such amount before the time give is reached?
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Proof of joined post
Bitcointalk username: osasshem
Campaign in which you participate: SIGNATURE+TWITTER+FACEBOOK
ETH address: 0x06B1bF7304d044F7B3e9062493538855f563b48f
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That is not too far to be archived, cause in minutes the price of bitcoin can skyrock. The last few weeks of last year, is what gave bitcoin its current value. This year has something very good in stock for crypto and its lovers.
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Bitcoin cannot be centralized, cause the day it becomes centralized, the use of bitcoin will not be important to the core anymore. Every true bitcoin/crypto currency lovers likes it to be decentralized, cause we don't need the government to interfare with its use. If bitcoin is banned to be used as a currency/coin, there will still be users of bitcoin all round the world through the use of internet.
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The price of bitcoin can be within the range of $5k but won't be going below that. The fluctuations has been struggling between $5k - $6k, and this will be its lowest deep.
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If you are a trader for long term, holding is the best thing to do. When you buy a perticula token/coin, you buy at low cost, and wait for the next rise and sell for a better profit, and Profit is the actual aim of a trader.
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Hey guys, bitcon is now 6k again... what do you think, will bitcoin go to 5k or it is just a short fall and it is going to be 8k again soon?
The falls in bitcoin has its point, if the correction is not complete, the fall will continue, and if archived, the the big bounce will come up. The prediction of its price is just for speaking, if the price will rise, when the time comes, it will....... Just my own view...... |
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Bitcoin's growth began in early 2017 and then it touch 20000. Bitcoin's largest growth is due to the ability to trade with tether dollar. With this growth, a huge growth in ICOs appeared. Nowadays about 30 ICOs are added to the market. This huge volume of ICOs, has taken the power of bitcoin growth. Like weeds next to a tree. Bitcoin will not grow until ICOs exists.
At the other hand, when there is weed next to a death, there will be competition between them, and if the weed is not there, the growth of the tree will be less competitive. I don't really think its the increase of ICOs that is the cause of bitcoin not going to reach that heights. 2017, bitcoin strock a point that was not expected, no one knows what it has in stock for this year. |
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This is the worst idea I have ever heard of, and that friends of hours has no good conscience to the development in the crypto world nor any token that is listed. If you are a trader, its either a day trader, or a profit oriented trader that aims for something big waiting for it in some periods of time.
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The $50k bitcoin bull run will have its say, when this year has given out it's presents to bitcoin. Since this year, bitcoin has been facing a downhill movement, with no much up climbing. So, whatever this year gives will determine when the bull run starts.
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To any point the price wishes to drop to, it should go ahead, but one thing is for sure, this year has something interesting to all crypto/bitcoin lovers and holders. As at last year, no one will believe that bitcoin will get up to $10k, but it went way beyond that, so, this year has its own record with crypto.
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Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?
As a long time token holder, holding is the best tilhing we all do. Having over 200 different coin is very good, cause when the price of each rises that is when we smile. This is a very good huby to continue with. |
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