I sold most of my crypto bag in January, bought them again in march and sold it again last month, right now i only hold a small amount of crypto because i believe the market can go lower. If you haven't sell your coin then you are probably too late and you should just continue to hold until the market goes up again.
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Well you should not let crypto hinder or affect your job performance as your job is definitely more important. Crypto is good as additional source of income and you can use your free time do trade or doing other crypto stuff but you should focus on your job then it's work hour. There's also a guy that got fired here because apparently he checks his stock price a lot that he missed the deadline.
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I don't see any connection between oil price and crypto so it's not matter what the oil price is at the moment as the demand of crypto won't change. Commodities such as oil will affect your country economic such as the price of food etc. If they somehow use bitcoin to buy oil in a large volume then it may be affected crypto price.
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I will just wait and continue to monitor the market right now, most of my recent alts get their stop losses triggered and my long term investment is still fine and i will continue to hold them for a long time. I will wait and see if there's good opportunity to buyback the alts again, i think the price can go lower than right now.
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Crypto help me financially because it becomes my additional income and the amount that i get from crypto is comparable to my salary, sometimes even bigger. Also i am more aware about trading and investing after i get into crypto as i learn a lot about trading last year.
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I still believe in them but i do more research right now before putting any money because the market condition is not good and the chance to lose money is bigger. Also there's a lot of icos right now that it's hard to find a good one because they are buried by other icos.
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When i saw the crazy pump on the december i know that the bubble will pop sooner or later and the crash really happened in January. The market situation right now isn't good because we are still in the downtrend and it looks like there's still a long time until it ends. I think this will be the last squeeze before going sideways for several months.
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There will be newer technologies that's better than the current one and although it will take a long time but there will be a new tech that will replace bitcoin as a currency. I don't know about the function as store of value but gold has been here for a very long time and i believe bitcoin can do the same.
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If you don't talk about it with anyone and if you hold your bitcoin on cold storage then i believe no one will know that you own bitcoin. It is different if you install some crypto app on your phone or notebook and other people see it, they can guess that you own bitcoin although they won't know how much you have.
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Of course it is better to increase my bitcoin. I trade using my bitcoin and when i buy alts i use bitcoin to do that so of course i will care more about my bitcoin amount, it's a different case if i bought it with fiat then i will see the usd value. Some people prefer to increase their fiat though as it's definitely simpler.
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I will certainly sell it before the price decrease that much, even 30% down is too much for me as i usually set the stop loss at about 15%. The thing is if you wait until it down 70% then you are already too late and you'll only get a little value so it's definitely better to hold until the price goes up again.
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I already bought a house a few months ago using the income that i got from crypto, i don't buy it with investment as the purpose though as it is one of the primary needs. I agree that people should spread their investment outside crypto, it's no use to spread them all in crypto if the market crash like a few months ago.
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We really should as it will create more job opportunities and they have higher chance of having a good living condition. If the parent don't educate them business mentality then they will grow up only to become an employee, it's not that bad but it is definitely better to become the owner.
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I think there's already some coin that can be mined using smartphone but i don't think that's a good thing to do as smartphone isn't built for mining. Smartphone isn't powerful enough so you will only get a small amount of hash and the chance of your phone breaking is definitely bigger than the earning that you can get.
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Blockchain is indeed a good technology that can change a lot of thing but it won't end banking as that kind of thing won't happen. Bank is not stupid and they find a way to integrate their system with blockchain. People don't realize that banks play a very important role in our life and cannot be easily displaced.
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It is okay as they will compete with each other and continue to improve to be the best. It's good that the volume is being spread rather than only on one exchange as we've seen what happened when mt.gox get hacked. They can create new exchange but only the good one that will stay.
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There's always risk in trading and if you are comfortable with that kind of strategy then it is fine to do so. You can use the profit that you get as you like, personally i use it to increase my trade size so i can earn more but sometimes i also take the profit and use it to buy something.
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I sell them if they reach my target price, cut loss because the price decrease a lot or if i find another coin that has way better potential and i don't have spare money to buy it so I have to sell my coin first. Other than that i don't have any reason to sell my coin because i usually hold my coin for a long time.
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Bitcointalk name: KuromaYoichi Rank: Sr. Member Current post count: 1356
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Hello, are the bounty going to end today (26 july) or this week (29 july)? because the pinned announcement in jinbi telegram group stated that the bounty end today.
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