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The mindset must be right, if the short-term trading mindset is applied to long-term trading, this will make the current you, want to get instant profit, as well as the long-term trading applied to long-term trading, you will wait very long until you lost opportunities and profit margins smaller or even lost money.
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The first step and most important is prevention, you can read the whitepaper they provide and then look the track record of the people on the team. You can also find out or ask questions while discussing scams in this forum, especially in Scam Accusations, unless you’re lazy to read.
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It can be said a challenge and can also be said that is a natural thing, because it’s impossible for bitcoin’s price to rise continuously there must be a time when the price will go down and some people panic because the price drops.
Indeed, only a few people are strong holding their bitcoin when the price drops and there are also people go panic when they see the price go down, maybe they are newcomers who lacking knowledge.
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You want money but you don't have a job, or you are to lazy to actually get one ? no problem because today i have a list of things for you to do to easily scam people and run away with their money, so let's hop into it:
few examples:
you need to establish authority and wealth do that by showing some cool shit their broke asses can't afford:
Show pictures of yourself randomly flying in 1st class seats,show some pictures of yourself in a fancy restaurant
Show pictures of bank accounts with random numbers in them (bigger the better)
Show pictures of yourself working in different parts of the world.
now if you do these steps right people will buy any shit you throw at them...believe me ANYTHING!!
These gullible lazy bastards will think we’re ballin’ out of control and know the secrets to wealth! This is because poor people often equate “cool and expensive stuff” with some form of wisdom. Lol…dummies!
PS: If you failed to see my sarcasm by now i'm referring to these new promoters who claim they swim in dollars and promote shitty coins/products/ponzi sheme ect... (you can't believe how many people fall for it by the way)
wassa wasaa wsaa wsaauppp... BItconneeeect!!!!
I heard in the news some people collect money to invest in bitcoin and their money never return. They promise in 1month their money will have profit in a month.Until they scam already their money. But in bounty hunters because of very low price now they used not to pay maybe because they have no income because of the very low price. Actually they didn't intend to do a scam, but in reality their actions backfired, I'm sure they are people who are new to Bitcoin less than 2 months and their crypto literacy rate is very low, they expected the price of Bitcoin will move up or at least according to their wishes but in the end they were panic selling lol |
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Bitcoin was created as a digital currency to be used globally, perhaps surprised with the excellent and quick response of the Bitcoin community but Satoshi's dream should be even higher than this, perhaps the application of crypto to daily life and market revolution.
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Short-term or long-term investment is depend on the coin and also depends on the economic conditions of each person. For example, I will invest ETH, BTC and XRP for long-term because I am confident in their potential. But for coins like doge, RDD, etc. I’ll just invest for short term.
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I prefer to keep all of my cryptos on a trading platform because if the market isn’t in a good condition, I can sell them immediately without waiting. If you want to save coin in the wallet, save it in coinomi.
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Based on my experience HODL doesn't always give good results, there are only a few coins/tokens that I HODL. I won’t HODL uncertain coins too long, I’d better follow the market's flow.
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Buying coins with price below than $1 is a pretty good investment, but with condition that coin will grow in the future.
The hardest thing here is to determine whether the coin has a future or not. Usually I decide to buy coins with these criteria if it has a strong community.
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Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.
Can we consider bitcoins as national treasure of a country comsidering its economic significance?
God, I just found out that a lot of people have been using Bitcoin, maybe my parents secretly have 5 ASIC machines in the basement. If you look at the previous sentence, "most" means there are a lot of Bitcoin users in a country, I wonder what will happen if the price of Bitcoin weakens suddenly. |
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If we have limitless abilities, why should we limit ourselves?
Is it wrong to collect as much money as possible? Does no one want to have more than $ 10000? In my opinion it’s not greed, refusing the wealth given by God is a stupid thing, we could use the money for charity or build a business that empowers people.
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does this mean that the coins/tokens we get are rewards because we have used their services? if you say that is a mining, i don't think so. mining needs so much equipments like reliable graphics card
Back to the old thick TV again, feel the CRT TV again but it’s hotter and uses more power lol. I‘m sure even though I have been mining, we have to pay the rental fee every month. And talking about heat, is it okay for the LED to receive a very unusual heat from a mining machine? Isn’t it will damage? |
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Turkey's currency is experiencing a significant ups and downs lately, the Turkish lira exchange rate to us dollars also affected. Then the Chinese yuan is experiencing a similar thing, the exchange rate to US dollars is dip down because of the trade war with the US. Then the question is, do the two currencies of the big country have no value and only depend on US dollars? You should learn basic economics first before making an random argument like this.
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Yes right, if we want to get a very large profits in trading it’s very difficult to predict, because basically the market cannot follow what we want, but it’s us have to follow the market no matter will happen.
Earn small profit but if we trade a lot then the profit will be great don't be so greedy to earn big profits because the market isn’t easy to tame.
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Maybe it's just an advertisement that attract the attention of the YouTube audience only, to predict bitcoin’s price is very difficult especially in a short period of time and suddenly stating that its price will rise to 64,000, bitcoin is very difficult to predict because sometimes the market can rise or dip without us knowing.
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There are a lot of problems in economy world and Bitcoin is only a solution to a few problems, of course if helping users will also help the economy in their country also because they buy the needs of life there, but the ratio is directly proportional to the number of users and providers of crypto services in the country.
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Bitcoin doesn’t rely on USD, USD is used as a reference because USD is used globally as a reference for each country's currency, is JPY backed by USD? No right? So does Bitcoin, Bitcoin has its own value based on supply and demand, it’s the basic principle of the market. You should learn more about the economy, before reading articles that might be just figments or conspiracy theories to gain visitors.
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Every entrepreneur’s assets are important things, whatever their form. Bitcoin might be a major source of capital, because of the high price. A smart entrepreneur won’t hesitate to use his investment assets as long as the calculations and strategies are correct.
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It depends on the amount of your money and your courage because each of it has advantages and disadvantages. To get coins faster you can choose to trader, if you like it longer and safer you can try mining.
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You can use coinbase.com, bittrex, poloniex etc.
But before starting to trading make sure you first understand the risks and the basics for trading.
I advise you to never trade in pumps and dumps, unless you have analyzed the coins.
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