Wake up! Come to reality. This is 2018, yet you still wish you bought Bitcoin below $0.01 in 2009. The truth is that you will never be in the year 2009 again till you die, and Bitcoin will never be below $0.01 again. You just have to focus on today and the future. I am also sure even in future when Bitcoin would have reached a far more higher price hopefully, People will still wish they bought at least in 2018. So therefore, be grateful to whoever introduced you to Bitcoin today, and also accept that you joined cryptocurrency or Bitcoin at a time your creator wanted you to. Make the most of it now.
almost 10 years on and people still live in the shadows, the best thing to do to atone for been indecisive ten years back is to take a bold step and buy bitcoin now, then lets see what lies ahead ten years from now. |
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Fear of insecurity, fear of the unknown, i think thats why people tends to lament when btc prices fluctuate, these set of shivering investors are indecisive, they were probably tricked into investing in btc against their wish,thats why they tend to wave when prices drops and quickly wants to sell off instead of seeing that as an opportunity to stuck up more btc.
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i am of the same school of thought that we will get to that point when we no longer need the banking system, because if you agree with with me, we were promised cashless society, where all transactions will become digital. Gradually we are approaching that era. And when that that era comes, the banking system will be less relevant.
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i am a service provider in the blockchain economy, i engage in bounties launched by ICOs and get rewarded at the end of the bounty campaign, or at the end of the ICOs token sale. My main focus is to provide marketing and publicity services to the ICO, so am more like an intermediary between the ICO ns prospective investors. I dont intend ending my blockchain career on this level, i look forward to having an ico someday.
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from your analytical view, you fail to highlight shortcomings and hurdles that these entreprenuers undergo before they hit limelight. Entrepreneurial successes are just a tip of the iceberg, the struggles, denials, rejections, dejections and so on are not seen. In all of this, an entrepreneurial mindset is the best anyone can ever wish to have, but one should understand and prepare oneself for the challenges ahead. The road to success is not smooth.
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short term, long term investment are both very good, it depends on the investor's objective, how long are you willing to partway with your resources ''cash'' both preferrably, i will put up for short term investment, my reasons could be related to the fact that i dont have enough financial resources to throw around, so i would prefer i invest in a short term project, make project then reinvest in another short term project and the circle keeps going. probably as time goes on and i have large resources pool, i can consider investing in long term investment. I would refer prospective investors to try out monarch token, its a project in it infant stage, with lots of future prospectives.
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go do your research on MONARCH token, it is a project in it tender stage, and you will find it worth your investment.
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Saving money in a savings account is like putting money in a pocket with holes. Banks only give you interests that are lower than the inflation rate. It‘s how they make money. You are better off investing in ventures (Crypto currency) that give a return higher than the inflation rate.
this is true, banks gives 0.5% to savings account, but it should be noted that banks shouldnt be seen as an investment, its a means of saving money for later days, but it is better to invest in crypto with high returns than to save ones money in a savings account with little or no interest rate. But in all, one should trade cautiously. |
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your account was banned by a forum moderator because your posts where not constructive and does not contribute positively to the topic. avoid posts are are off topics and non constructive and inline with the topic of discussion.
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long time savings are achievable by setting long term objectives and strive toward achieving such objectives. So in order to save for a long period of time you must have a long term goal you passionately want to achieve. For instance you want to buy a car, first identify your choice car, know how mush it cost now, how much it will cost in the nearest future considering inflation, then set out a portion of your income tyhat will be convenient towards achieving your goal.
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bitcoin isnt a legit currency yet, due to the fact that government hasnt been able to set a regulatory standard for it, hence government are skeptical about given their endorsement for bitcoin. The only medium bitcoin is been use is through the internet, with the rising issue of cyber fraud, it will be difficult for bitcoin to be accepted without proper regulations from government,.
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from my own perspective, the end goal of bitcoin is to make the world a global cashless society, whereby from the confort of your home, and with your tablet phone, you can order anything with your bitcoin and you receive your package within an agreed time frame, a situation where bitcoin atm mechines will be scattered all over strategic locations globally, a world where every one will feel safe and secured to invest and use bitcoin for transactions. the end goal of numerous and broad, but with time the coin will achieve its objectives.
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bitcoin and fiat currency have to co-exist, they both are currency but in different magnitude, while bitcoin is a digital currency ''cashless policy'' fiat is a paper currency, yes the world is gradually moving into a global cashless society, where virtually all transactions will be on digital currency, but not all services can be digitalized. for example, am going to the barbers shop, i dont need to pay digitally for such services, that where fiat comes in, to take care of immediate miscelleneous services, so definately fiat and bitcoin ''cryptocurrency'' will co-exist.
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I think that's the idea behind the blockchain technology, to integrate every sector of the society to the crypto currency initiative, the opportunities are numerous, its left to us to be innovative and key into blockchain.
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