Hope and confidence must be supported by effort, we must analyze the market and continue to monitor the development of the price. We all know that bitcoin price movements are quite unpredictable. Being patient is the right choice, but if the price goes down then it's quite dangerous, take advantage of every opportunity, as long as you can buy back at a cheap price I think it's more profitable.
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I think you have to wait for it, at least until the ICO price is reached. Otherwise, it means you have a loss right? You must also be active in monitoring the development of tokens and subsequent plans from the development team. So that you will get reinforcement whether the token will rise or get worse.
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When ever you buy and sell bitcoin , it is your oppurtunity to invest in crypto currency , and anytime you work and manage your investment is the right time for you to this activities, the high and low price value will depend on you and how will cope with it to avoid loses in your investments.
Yes, we can buy cryptocurrency as an investment whenever we want, but the most important thing is to start with market analysis. Thus we must determine whether this is for short or long-term investment. By determining the right buy and sell position, we will get profit.
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Definitely yes it is for risk takers because if you will be too emotional and stressed in investing this investments is not for you because you’re going to have sleepless nights.
Moreover, in investing with cryptocurrency the risk is very large because prices are always changing at any time. Predictions must be determined by the right analysis and the courage to start.
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I think banks and governments are afraid of bitcoin because prices are unstable and difficult to control. they are afraid that if bitcoin continues to dominate the cryptocurrency market, government income about investing in digital currencies will decrease because there is bitcoin. bitcoin also affects people to invest in bitcoin because of its large profits, which maybe also reduce people to invest in banks or government businesses.
Especially with a decentralized system that causes bitcoin cannot be controlled by the government. There are also those who argue that the government is worried about risk, prices that are easy to change, until its abuse as a tool of crime. But that all I feel has not yet been proven, yes some kind of speculation.
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That has already happened, bitcoin is illegal in my country if used as a payment instrument. There is no prohibition on having bitcoin as an investment, but the government gives a strong warning that it is a high risk. So, it is very important to understand the legal status of bitcoin, especially in our own country.
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Good luck. Many people have left BTC during this time, they lose confidence when the market goes down.
We should not give up. The decline in cryptocurrency prices is reasonable, it's a kind of cycle, we just need to be patient until the price bounces again. We should understand the basics of cryptocurrency so that it is not easy to give up and is not easily affected by FUD or other negative news.
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I do not think it's a failure, but it's not effective. Especially for the payment of micro-payment. Fee transactions can be higher than the bill to be paid. So, in some ways like instant transaction and small scale, I think fiat is more effective.
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The most frustrating thing is when the delivery process is not immediately confirmed. Sometimes I worry about sending to the wrong address so I double-check it again. In addition, sometimes transaction fees are also quite frustrating.
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In any investment, never invest more than you can afford to lose. The risk of investing in the world of cryptocurrency is very high because the price is very volatile. Do not be careless if you do not understand market analysis techniques. Do not just be affected by hysteria, you should be able to control your emotions.
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Definitely all investments comes with risk, however the risk can be minimized with adequate planning and studying where you will be putting your investment. Plans for back up are always best, if you are ahead of all then you know you can restore or earn in every investment.
So understanding the cryptocurrency ecosystem is very important before deciding to invest with it. By understanding the risks, we can prepare a strategic step to reduce the risk.
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A few months ago I had seen an ICO project in the field of the loan. As we know that cryptocurrency begins to be applied to various human needs today, such as the medical field, cargo, transportation, etc. If the project is realistic and the system is in demand, it seems that the cryptocurrency loan will be more desirable.
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It seems that the history of fantastic bitcoin price increases will happen again, especially after halving. Moreover, bitcoin is growing in popularity, hopefully, it has a positive impact on the legal status of bitcoin.
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Some people who do not understand bitcoin ecosystems try to influence others by spreading the negative news. If bitcoin is a scam, is it possible that the price can be this fantastic, right? So we have to think more logically.
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What we need here is very long patience and a strong faith. Being knowledgeable about it is a great advantage, and to do it we must be very .. to all the details when doing our researches
You must also understand market analysis techniques in order to get a better chance. Hard work and patience is indispensable for coping with a very volatile cryptocurrency ecosystem, it all builds on experience.
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Its a big NO, bitcoin is not a bubble, and bitcoin as we all know is good to invest but this is need to study first the price of it before to invest because price is always change, but now its a good time to invest then because the price now is not yet high.
It could be bitcoin bubble and it's burst by the end of 2017, but that does not mean bitcoin is worthless. In fact, the price has decreased significantly, but there will be a time to rise again. That is the dynamics of price changes, then we have to do a good analysis.
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Of course its volitile price, because our investment value can fall and we lose. But if we are wise to be patient, it will definitely return the price and we just need to wait and believe it will increase again.
In addition many people are worried about the legal status of bitcoin. A government has the full right to determine the legality of bitcoin, so it makes a lot of people worry enough about ownership of their cryptocurrency assets.
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What could stop the miners from mining this precious thing? Moreover, bitcoin longer becomes a rare item, will automatically make the price more expensive, especially if there is a good development related to legality. So I guess that's impossible. unless there's a bad thing that destroys cryptocurrency.
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My friends think Bitcoin will make me lose everything. But they changed their minds when they saw me making money from Bitcoin. I think the negative thinking about Bitcoin will change in the eyes of everyone. And it is those of us who will be the bridge to prove that Bitcoin is completely harmless to everyone.
Almost similar to my experience. my friend considers bitcoin is a gamble. as time went by he saw my significant financial changes that he was interested in learning bitcoin. he finally understood that bitcoin is not just a gamble, but there are many ways to profit with bitcoin.
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I'm not dealing with them, I don't have a time and a half to battle with those who don't believe in money did I earn here, so I'm just showing my cash and this is completely enough
That is cool. Do not bother with the thoughts of others who do not support bitcoin is a very appropriate thing. Just show your profits and change your economic level to prove that the world of cryptocurrency is very profitable if able to use it.
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