Wrong decisions makes you lose on trading. Not enough skills and wise decision are number one main reason to lose. Trading using your gut feel is too risky. Sometimes we need to be patience and not go with the flow. In this way we urgently sell our resources because of the mainstream and regret it afterward. Trading usually composed of risk and loss is just normal.
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I am more fond of using this kind of digital currency rather fiat. Its because of the innovation it brings to our monetary system. I believe that the system can change their minds once some country adopt to it. Digital money has more uses than fiats thats why many people are unto it but not the government or banks. They somehow lose clients for investment and currency exchange because of bitcoin and i think this is some reasons why.
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I choose bitcoin government ban. It afffects a huge amount the bitcoins price. Imagine how many bitcoin holders are there in a particular country and the government will illegalize or ban it. They cannot trade or invest more and the users will drop down the price due to lack of investors. As you can see , more and more countries ban bitcoin one by one due to internal causes.
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Depending on what country you live on. My country doesnt require any tax on bitcoin, not just yet. On other countries, bitcoin is considered an investment or an asset more like a currency so they have to pay tax. If your government declared just like this one on bitcoin, you probably should pay taxes and have no choice but to obey.
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Trading and gambling both have capitals or the amount of money needed to start. Trading taking risk on a crypto and usually for a long time and has lower risk. Gambling bets on a game and within a second, your luck will tell you to win or not. Cryptocurrencies volatility is affected by different aspects on the market while gambling depends only at the speed of spin.
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I just get about 20% of my earning every month and put it on a investment in banks which has a low risk but low earnings for a long term purpose. The other 20% is putted on a savings account to have a liquid cash buffer in case of emergency. The remaining 60% are used for tradIng or holding to earn more and save more. The high rate of its volatility makes me take a portion of it, convert it into fiat to secure.
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Probably a teen ager between 12-16. In this age, kids have a full understanding and responsibility about something. If you teach them about cryptocurrency, they will sure make it on point. Its good that kids will plan their future at a young age. Make them realize that money is something you can earn through work and not just getting it on your parents. Just guide those kids everytime.
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Your thinking that what will happen if you lose signifies that mostly you play the gambling for money and not for fun or entertainment. If you play for fun than you would enjoy the while process rather than waiting for its result and thinking negative. Become part of this and see the difference yourself while playing.
I agree with this, there is two types of gambler. One plays for just pure entertainment and the other plays for merely profit. The two have a different mindset but both expected to win. The first player doesnt have a pressure whether where his luck will take him because he has something or a particular amount of money he can afford to lose. The second one always put a pressure on his mind in every bet because if tbe bet lose, he will lose that money and can never get it back.
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In just addition to what you have said, you can also trust some of our high rank members here because they much know whats a good crypto than we are. You can also google some and most of the results are true. Find some like five informations about that crypto and which ever has the highest amount of rating is probably most accurate.
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I think the dip now is just some isolated case and the bitcoin starts dipping, when the bitcoin price goes up, no one bats an eye , when it jumps down, everybody loses their minds.well, i am also frustated about the bitcoins dip but I think it just a part of the bitcoin's huge volatility movement and yeah, im sure futures doesnt have a business with this.
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Own structure or new blockchain. I dont think you can do a new blockchain but instead get some copy. For a long ago in collecting datas of bitcoin transactions in blockchain, there are a huge amount stored there. If you will start a new one , you will start at the beginning where you collect all informations about bitcoin holders and put it into the new structure you have said.
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A clever theory on futures contract indeed but i am thinking, if it has to be true, then a lot portion of the bitcoin market engaged on this particular contract. The bitcoin's amount dropped so low that means about almost 10% of the holders has their contracts expire this day. The remaining 90% sure has a futures contract signed after that indicated date you said and will expire later on. So, it means that BTC's price will continue to get down this month according from what the theory said.
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Im sure beggars have a difficulty having a bitcoin wallet. If that moment happen where world finally adopts to modernization, im sure governments would make a special program to the poor or rather maybe we dont have any poors on that time. Im looking forward that government more focus on the poor rather than anything else.
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I have read here that someone buy a house using bitcoin so maybe you can find someone but a lot more difficult than on fiat. If you want to sell it that way, better hire any advertising agents to promote it. If you do not want the cost, try posting it on social media like facebook and twitter. Someone made it now and it is possible that you are next.
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I think you are referring to Bitcoin transfers from your wallet to another but the receiver will pay you money or fiat in return. I guess it is not illegal because it is just an ordinary transaction and any bitcoin holders can do it. I think it is more convenient and wise for the buyer if he acquire it from another bitcoin holder other than BTC channels because of the fees.
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Crypto trading and stock trading are almost the same. With regards to the volatility of the price or the sudden changes to price, its the same. It has also the same amount of risk involved. The only fifference is that stock market are stocks and are stuck on that market while being traded and cryptocurrency trading can be a medium of excahnge or can be used as a legal tender and can be exchange for either goods or services.
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Ofcourse, bitcoin is really a blessing. Even if it drops last december and many of the investors sells their coins, still bitcoin helps many peoples lives especially those who become financially free with their earnings on BTC. It is really a blessing not only for me but all of us.
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Just keep on divulging it on social media and be careful on the scammers who use websites on the internet to access your account and get all your money. Extra careful also on putting your details on sites that you will visit because that can be the reason also.
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And addition to this is the continually taxing of countries to bitcoin. There is a positive and negative effect on everything. Bitcoin helps many people, but when its price gets high, may government and channels taking advanyage on it by taxing it and propose high fees.
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I think so . Many people are getting curioused about the benefits of the bitcoin and they cant beleive what an investor can aquire if they invest on bitcoin and instead of joining, they spread a lot of negative rumors like scam because of being envy.
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