For me, i think the best time to buy bitcoin is when the price it too low, then sell it when the price rise again.
It is the correct time to buy bitcoin when the price is still low. You don't buy when the price is up but still if you believe that the price will go up it doesn't anymore. And also you don't forget you buy bitcoin when you have spare money to invest in bitcoin or just keep on buying bitcoin.
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I never bought drugs with bitcoins...maybe because the dealers i know dont use cryptocurrency :joke. And arent drugs so 1960 already? i mean ,who buys them anymore... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I never bought either and I don't intend to buy drugs with bitcoin. I don't want to involve myself into such illegal trades with bitcoin. Though I know that bitcoin was the currency that was being used there but I want to use bitcoin for legal transanctions and will avoid everything that is illegal.
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Steemit is a great way to mine cryptocurrency by creating content, and upvoting others content.
Hey good thing you had mentioned steemit, yes I forgot that to mention and its one of the best way to earn free coins. While you are making good content and quality articles by posting it there, when people are upvoting your great article. Expect that there will be profit on your account.
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actually this airdrop is known also as free coins try to join in them but be aware that other airdrops don't give free coins only some. I think the best way to get free coins is to join a campaign in bounties but you need to make efforts, atleast you are sure to get coins especially if it succeeded.
Yes those airdrops are like giveaway here in forum but not all of them are trusted only some of them. In joining campaign's you can get free coins but I don't consider that as free coin because you have to work for it and that is the payment for what campaign you are about to join like signature, social media or translations. That's the payment and remember it's not free because you worked for it.
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There are professionals that actually sell their knowledge to people who don't know but want to know but some just give their knowledge or you can just read in many articles on the web or even YouTube.
Funny enough! Some do not even sell. Some go as far as creating videos on youtube for others to learn and start practicing as soon as possible. The thing is just to know where to find the right information. Youtube has been a great platform for me and it has given me the great idea I need as a trader in planning strategies and understanding the market till date. Buying books is just overrated, learn from experience of pro traders and start by gathering your own experience bit by bit. I have used youtube tutorials about trading for so many times, future predictions and some tips on you deal with losses. And for those professionals that are trying to sell their knowledge, I won't call them as professionals, they are just trying to make money out of nothing because if they are real professionals they will just share their tips to the new and aspiring traders. Right now I'm in a group of traders and just speculating, reading helpful tips but seldom joining their discussions.
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i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
Don't get it wrong, bitcoin will never be the main currency of the world, of my country and your country. There's nothing that will happen to those currencies that we are using, because that's not possible to happen. This is even more possible that bitcoin will remain as the main cryptocurrency and those alt coins will be wiped out as per the gov't will want that to happen. Forget about that imagination about bitcoin as the main currency of the world.
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Trade in alternative coins is very dangerous. Especially if you do not have experience. Therefore, I recommend newcomers to trade only bitcoin and some coins from the TOP-10
How come that trading of alt coin is dangerous? You should rephrase your word by saying it's risky instead of using it's a dangerous thing. And for inexperienced traders, it's hard and risky but one day it will be worth to try. You just need to ask some tips and keep on learning and educating yourself on how to trade properly. It's your decision that you'll follow, just like I said you will just ask some tips but you don't literally follow them.
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Every time there is drop on the value of bitcoin they usually believe that this was created by a panic offering by holders..Even they dump enormous sum of btc thats not a panic offering but a earnings getting..
Most of those people that are panicking upon they see the price of bitcoin dropping are mostly newbies and new investors of bitcoin. I used to do that when I was still new, the price went down with a less of $100 then I sold already my bitcoin by that time. And after a couple of days the price of bitcoin is popping and this made me realize that I was a jerk that did sold it earlier and it happened 5 times IIRC.
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Good bounty campaign doesn't mean that they will be 100% successful. Probably they get investors from other resources.
Yes you are right, we can't depend on campaign's but it's just a good indication that when a campaign is success then your manager is a good one but it doesn't portray that your ICO is successful. You can say that ICO is successful when the result of the campaign's are reflecting to the project by gathering thousands of investors that are interested to your project. And also it's not the only reason why an investor should invest to your ICO but to the content, road map and other important stuffs of that project.
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I think you should buy because as long as bitcoin increases it's value every year it is better to buy than to sell bitcoin but you need to do is to wait.
You should buy all the time when you have something to buy because while the price increases it's better for you to catch while bitcoin is reachable in terms of it's pricing. There are people that used to sell including me at the very low price of bitcoin and I did regret that but I can't help myself because by that time I was into the situation that I really need some bucks for buying the things that I should buy.
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Here in my country there's not that much people or businessmen that are into bitcoin ATM even the biggest exchange here doesn't have a bitcoin ATM. But someone showed me that there's only one bitcoin ATM here but it's far from my place so I just looked at it's picture and asks some people who are near to that place and they confirmed that there's a bitcoin ATM so it's good to know that there's an existing btc ATM here even it's only one.
So bitcoin ATM already existed? How interesting! Which country are you? I also want to see a real bitcoin ATM and I want to compare its differences and similarities in bank ATMs. I'm now more curious of it because it's my first time hear about it. I wonder why only one is made in your place why not also make in other countries. Is that a very safe one to use for transaction? Does it also have passbook that is same as bank? Yes there are so many bitcoin existing throughout the entire world, you can just use a search engine or watch youtube videos that are showing on how to buy and sell bitcoin's through bitcoin ATM. It's not that they are the usual ATM from the bank because it's quite different since there is a price indicator, there is a QR code that you have to scan. I don't know what's the reason either on why there is only one here in my country, probably because bitcoin isn't popular.
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I wish the use of Bitcoin would be more wide spread here in Europe...almost no business offers Bitcoin currency as an alternative to FIAT currency
It will be spread very soon, we just have to wait for the right time because there are still companies and governments that are worried and skeptic about bitcoin. But I'm sure that one day there will be the time that everyone is using bitcoin and this is going to be one of the best day ever in history of bitcoin. When they realize that there are so many advantages they can get when they started to get paid with bitcoins.
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Absolutely! Bitcoin is the best investment in 2017 because it is efficient and is very helpful.
It's helpful to all of the people that are looking for a good investment for this year. There might be people that are not good with such investments but if you'll instruct them to use bitcoin and buy some of it then they have now the best investment of all time. If they'll buy at this current rate of $4,300 and once the price of bitcoin reaches $5,000 at the end of the year they've got an easy $700.
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Here in my country there's not that much people or businessmen that are into bitcoin ATM even the biggest exchange here doesn't have a bitcoin ATM. But someone showed me that there's only one bitcoin ATM here but it's far from my place so I just looked at it's picture and asks some people who are near to that place and they confirmed that there's a bitcoin ATM so it's good to know that there's an existing btc ATM here even it's only one.
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if the coin you buy suddenly goes down, what do you do? panic sell or hold ??
Panicking is not the answer if the price of the coin you have bought is suddenly goes down. Try to wait for some more time as if you bought that coin you have a feeling that will pump very soon. You don't buy a coin without doing some research behind it's economy. And just focus on your long term goals because that's going to make you proud when you believe on that coin but if you want to cut your losses don't regret when you suddenly see it goes up.
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I don't think so.. I think bitcoin not improve the economy of a country but bitcoin help the economy the people who know about that.. bitcoin is really helpful for bitcoin user, but in my country too many people not to know about bitcoin, and the government has not recognized bitcoin as a vitrual currency..
I'll take the opposite side that bitcoin can help to improve the economy of a country in a case that where bitcoin has been treated as a remittance. And for a country where there are so many remittance it is just making the economy high again. This mainly gives a country to have another income from the money of the people outside the country so for me it's always a yes for bitcoin to improve a country's economy.
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It depends on the country where you live, in my country, I use vip.bitcoin.co.id because many bitcoin Indonesia users are using it. there we can buy or sell bitcoin and make altcoin with bitcoin or use local currency. there are still many bitcoin purses that can be used, for example coinbase, block.io, and blockchain.
Yeah there are so many local exchanges that are good to use and I'm using an exchange that is only dedicated to our country. But for other bitcoin wallets I only suggest very few ones, for a web wallet you can use blockchain.info and for a desktop wallet electrum is the best choice for me also there is greenaddress if you want to try it out, just don't use store most of your coins at an exchange.
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I think people who are inclined with the technological market is probably knowledgeable with btc, billionaires invest a lot in bitcoin. I think thats the reason why they are become a billionaire,
Even not they are inclined with technological market as long as they have a mindset to make more money then they can choose to invest in bitcoin. I'm very sure of that many billionaires are into bitcoin now and they have invested big amount of money and look at the market cap of bitcoin. And I have a feeling that it was raise by many billionaires and that gives us the favor.
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or may be buy low sell high ?
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
Yow will be control your mind if you try to hard.I think never try to sell low.If you need you want to sell low price but i think its not proper deceision.When price is low you just buy coin and hold for long time and going to long time rest. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Just put it on your mind that you have to buy when the price is low or when the market is on red alert. This type of mistake that was done by beginners are normal, they don't consciously know that they are trading the wrong way. It's a norm now that when you are a trader you usually have to buy at dips and you just have to sell it when there's a pump or sudden increase to the price of what you hold.
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With a lot of hacking here an there is it safe to participate in "AIRDROP & BOUNTY CAMPAIGN?
What hacking do you mean? You'll be hacked if you'll click links that you are not familiar with that contains malware or any virus that will harm yourself. Both are safe to participate, I don't really understand why you intend to say about hacking because luckily I never got any harmed from anything online. I just make myself safe from those people that are sending me untrustworthy links.
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