One important thing to do during tough time in cryptocurrency is to decide before hand not to ever panic. The moment you have wherewithal and the fortitude to bear market volatility in price, you will be able to turn out good profit in cryptocurrency eventually.
Usually it happens when market conditions are more likely to decline like some time ago, difficult times where your assets continue to decrease in rates, you're right you have to do is stay patient and do not panic, rest assured that the situation will end soon and the market will re-pump in time |
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I think this is a very difficult thing, my country has banned bitcoin, even more and more countries are banning bitcoin, if that's the case I would be very happy because bitcoin can be used as a legitimate currency in my country
it seems that many governments are very anti with bitcoin, bitcoin potential that will harm the government is the reason, but if the government can be a little friendly, maybe they can give certain rules so bitcoin can only be the option for local currency, that would benefit both parties right? |
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I still have a little more confidence in gold,as it has been tested for centuries by our ancestors. Therefore, part of my investment still exists in gold.
we have known gold from thousands of years ago, it can be said that gold is the most valuable item for hundreds of years, you can use it for exchange tool or even jewelry, investing in gold prevents you from inflation and it will certainly be very safe, so if you want a safe investment then gold should be on your list |
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I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies. What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
Bitcoin is the leading altcoin and it is leading others with poles. Yes there are issues with bitcoin which the others are also having. I believe the developers of bitcoin are not sleeping they are also aware of these issues and the challenge posed by the advancing altcoins so they will be working to maintain their position. I think users don't have to worry about it, bitcoin is much better known than altcoin, so people will be more familiar and will first use bitcoin than altcoin, you're right that the competition will get tighter in the future, but bitcoin developers certainly will not sleep, they will keep on bitcoin position |
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I see slow, steady growth ahead. I can't imagine a big fall. Big banking are getting their toes wet and money will flood in. It's only up from here IMHO. I'm just waiting for the Olympics in Japan 2020 for us to take off...
I think we've found a new bottom line that is at the $8k, we've been having a bad market situation in the last few months, so I think we will not find the price drop too deep, the price will rise slowly it's not a problem, yeah you're right let alone bitcoin in japan is well known, we can see significant change in that year |
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People are distrustful of crypto-currency, and some consider it even fraud, because most of them are not directly looking for information about it and are not acquainted with it in more detail, but content with the information that is sometimes given in the media and comes from state and banking structures. And such information is not always accurate and not always true. This is especially true of information coming from banks, which directly try to divert people from using crypto currency. Not always objectively in this respect are the mass media, which sometimes provide customized information.
We must know the credibility of a certain coin before investing in that because anonymous coins may scams and take your money. You can do nothing against them. Better to invest in well-known crypto like bitcoin, Ethereum, litecoin, ripple and keep aside to buy such coins which are not famous. By this way we can secure ourselves from big scams. you're right, it's just that sometimes investors are more tempted by the profits that promised a project in comparison to pay attention to the activity of the project. well, many are exposed to a scam because of it, and then they think that it's all a scam. Too many events and projects become scam, that's why many investors have the mindset that some projects that many people have are scam, maybe it's because of the bad experience that's happening to them, so it's smart to choose a safe and potential investment is that a matter things and very important |
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If the government wins the bitcoin then the bitcoin may be less used. Bitcoin will not be the official currency for daily use as predicted by experts. In some countries like Vietnam the government recommends not to play bitcoin to avoid losing money.
I think the government has already won against cryptocurreny? there is no need to confirm that the government is a superpower who has anything to do, including banning bitcoin? the rules for bitcoin could be applied and bitcoin can not do anything? government won |
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States are always needed. There can be no life without government. We need a bank to spend the tokens we earn from the crypto money world.
I agree both government and bank are needed still. Government is needed this is to ensure security and to protect individual rights of each citizen while banks are the ones who make sure the financial stability of our country. Very arrogant when someone doesn't need a bank let alone the government? the role of government not only give you rules but provide protection, safeguard your rights, and many other roles, besides without the government there will be no economy in the world. do not be hypocritical that we need banks and governments to live in peace |
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Definitely Bitcoin! By that time Bitcoin's supply would have significantly decreased resulting to its price increase. How much will it be in 2020 is something we should stay tuned on! The current price between Bitcoin and Ethereum is just too far for us to be able to consider Ethereum having the higher value after a year and a half. I just don't see it happening.
Thats true, bitcoin is the most popular coin nowadays, many people say bitcoin is mother to all coins including ETH, so I think people will join and buy bitcoin ahead of buying Ethereum. because of that will make bitcoin users keep growing faster then bitcoin prices will be higher than ETH in 2020 |
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This can happen to everyone in cryptomarkets. You may feel like you are in right place or time to buy but you may watch dropping and regret. You should be patient, wait for next bull cycle to be completed.
If the market is in the pump phase then definitely a person should never invest at that time. We all know the nature of bitcoin and altcoins very well. They fluctuate. Which means the opposite of present trend is supposed to happen in future at any time. Instead of rushing, waiting till the prices go down is much better. The biggest problem that I have observed so far is that people don’t understand or apply this fluctuating thing in real. Therefore analysis and research are important things to do, we know that some users certainly do daytrading, so even in ATH situation they will still keep trading even if the risk is high, because that's their job? the important thing is to do the analysis first, is that right time to buy or not? |
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Bitcoin will reduce the number of banks, but it will not destroy them at all. And I think they can work together, because bitcoin will greatly simplify the work of banks.
nope it won't, although many people say that bitcoin is a competitor to the bank but everyone understands that the bank is the most influential third party for the state finances,fiat currency circulation is governed by the central bank, the micro businesses are backed by bank funds, and for many other reasons, bitcoin is just an option currency for fiat, not to beat the bank #imo |
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Profits are made when you buy and not when you sell. Opportunities for profit are best found when the market is down, so why stop trading when it is the best time to enter a position?
When the market is red, it is better not to trade (this is just my personal convenience). I am trying not to risk this time and go on holding the coins. if the market is bleeding because the price drop occurs I think it is an opportunity to buy, but we need to analyze it first, whether the price drops will stop or continue to decline, I think if the downward trend occurs of course the risk of trading will be greater, just as some time ago when crypto is more likely to down, and I prefer not to trade because it is very risky |
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The banks are still important. because we need the infrastructure of the banks. maybe it will not be necessary in the future. When we use bitcoin widely in shopping, we do not need a bank.
Nope for now until whenever, we will be required to use fiat by the government, so the bank will continue to live because of it, of course the government will have a new version of a means of payment to compete with bitcoin. while bitcoin? bitcoin does not have any power against the government, so I think the bank will still exist because it is supported by the government |
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1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
all are important, but first two are very important, and it is hard to believe that people are buying crypto, but not thinking regarding these two... it is because people are relayed on banks and institutions to remember data for them Funny because I never had trouble in those two things? for some users have many wallets may not be a problem but it will make you confused to remembering private key and password, I only have a few wallet and I always write passwords for my accounts that I have on a note, so that does not make me forget and lose access the wallet |
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If try to do some technical analysis, downtrend is over. It says we're going to see the uptrend.. But when? I think we just need some strongly good news about cryptos
Yeah we've been through a tough period a few months now, and I think the time recover happens but that does not mean the price will keep going up, occasionally there will be correction like today, so don't think that this is a big price drop, I think this is just naturally occurring correction, the price will rise slowly mate |
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I was a trader awhile back, I want to say about a year ago now and wanted to know what the current state of the market is for the traders that are currently trading to this day? I know a lot of the current exchanges that I used for trading, such as Poloniex, are still around but aren't really being used much as before.
I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!
I keep trading altcoins because it is really profitable. Your knowledge is the key for you to easily grow your money. You must know how to control your knowledge for you to not make bad decisions. Profitable or not it depends on the individual each traders mate, whether they have the skills and experience to trade then they may just get a profit? the price is still fluctuating up and down, so whenever they can just get a profit, for myself trading altcoin and bitcoin are equally profitable |
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Investing in bitcoin today is never too late because we'll never know when its value will go down or up . So all we have to do is to invest so that we'll not regret if we have missed an opportunity from investing it now that you had the chance but you just ignore it. But keep in mind that investing in bitcoin takes time before you can gain profit so we should also longer our patience for us to become a successful investor.
Yeah of course we're not too late to invest in bitcoin, you're right any price could happen in bitcoin, the price could go down very deep and rise very high, all you have to do is choose the right time to buy so you can get a good chance and get a big profit. you just need to find a good opportunity to buy mate |
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User ID : mornabo
Nexybit Deposit Address : 3A1bQK8HVbVsaDczuFe9vt2BpeUJaonNY9
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I think china and switzerland is the best choice for bitcoin business...
Because china has already legalize a crypto currencies and also the peoples are using it like fiat..
I think so. since most of bitcoin users are Chinese and their government does not ban bitcoin. I think if you open a business about bitcoin there. then will be many people who become your customers dude. I think the key to making a business about bitcoin is there is a legal protection, freedom to use bitcoin and many users there |
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