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I can't do it without cash, even if i not buy something everyday i need cash every week, i buy food with cash and here is not possible at least not so soon to use a crypto coin for shoping.
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I'm also not stressed of bear market, i just wait with crypto a new bull run/grow as i wait in past, it should come again and possible much higher then ever.
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Governments not create bitcoin, and i'm 100% sure, and this is because governments can't control bitcoin, i mean the emission of coins like they do with fiat money. Satoshi Nakamoto is the men who create it and i think for this, my only regret is not was from 2010 here, so i can mine bitcoin at start with my old PC.
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If i be in your place i will buy bitcoin with 1000$ and i will hold for 1 year and i will see if worth enough next year, maybe 4000$ total or 5000$ , with 4000$ profit.
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I think this never will happen, bitcoin is a new way to store secure your investment, and in future bitcoin will be used for a lot of things, and will worth much, much more then is now.
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Yes i think holder strategy is not safe, but the problem is if someone not know when to sell and hold the coins for longer time and the coins not more grow the problem is that maybe that coins not grow in time and if hold can't get any profit.
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Depends for how much money, i will give if i think is enough paid, but only if the fingerprint and eye scan will not be used on bad ways, and i will need a guarantee for.
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I prefer bitcoin to invest on and hold for 3-5-9 years who know, how much can hit? 1 mil $, 10 mil $? Also gold is a option but as i see the price of gold not grow so much but also not drop.
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There is no way to avoid this, if most investors will sell after listing on exchange then almost all will see the price goes low and almost all will start sell their coins. I don't know if can be easily stopped, maybe if before listing the dev will give some extra coins to hold.
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Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).
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You are right, never look back, this what should happen, even if i lost over 50k$ because i not sell on bull run, and if i sell now i will get only 500$ i will hold for next bull run.
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Is hard to know, what will happen with an altcoin and if in future will grow his price, or will never grow, and all investment will be lost, or never got a profit. Better invest on bitcoin.
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Is good to have a job and to do extra business to get extra money, and if possible do any kind of job if money comes and try become rich, even if fail at start try again and do another business until the dream come true.
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I think there are some good coins on top 100 now that worth invest and hold, i will invest some money on Bitcoin, ETH, LTC, DGB, and possible on ETN, and maybe on other coins, i don't know know, but this i think will grow on next bull run.
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No. I'm not tired, i not check price everyweek and i hold what i get , even if not grow this year i will wait long long time until i think i can take enough profit if i sell.
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Of course will change, the only question is when will happen. Even if will not be this year we will see a better price next years, until then just wait and hold.
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I don't think the bull market come yet, we need to wait some more long time, until bull market come we need to get some coins that can grow on bull run. I hold only LTC for now, and i plan to get bitcoin.
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I think is wrong to say that bitcoin will have that price on time , but i think the price of bitcoin will be much more in 2023 that is now and will be over 50k$ , just my 2 cents.
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If i had 10,000$ at the time i wrote this message i will buy bitcoin with all if i not need money for anything else. I think bitcoin now is so underevaluated and is still a good investment.
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I have only low end cpu on my PC. Do you guys think is worth trying to mine with? And is there any chance to try mining with android phone, without turn phone hot?
Like I said, it's not worth the effort, electricity and time. You could shorten its lifetime even more by mining. Give your low-end PC a favor and use it for something else or sell it if you really need the money. And your Android phone, news about mining using your phone was a thing last 2017 because of the famous Electroneum miner that was advertised on their ICO, but it isn't actually mining ( just like a gimmick to follow their promised roadmap). You can try it though, it pays you ETN for keeping your data and the app open in the background ( seach google for the coin name and their official site). Note: this wont " turn your phone hot" since it doesn't actually mine, data connection will increase the temp though. Also around 2017, coinhive was famous for it's API that can mine using the browser and website owners can integrate it to their site so that users who visit will " pay with hashes". Technically, it's equal to pool mining and most faucets use it as a " micro-mining" feature, that way users can mine using their mobile phones to earn a few Satoshis ( Decimals of Bitcoins) equivalent to their hashes. The only faucet/micro-wallet site I know that still implements this is Coinpot.co but it doesn't pay with BTC just their token but you can convert it in the same website. T/N: Any of these options won't produce any reasonable profit and just a waste of time. Ok. Thanks i installed ETN app but mines only 2 ETN after 24 hours, but this is the advantage that now is cloud mining and phone not turns hot. Do you know any other coins like ETN? |
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