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Huge debt is really a pain in the neck. I also experienced it before but not big (but it is also a hard time situation for me what more for big debt). One thing i do is limit myself in something i want and just have what i really need (especially if you have anwife and children). Also my savings is set aside just to make sure i pay part of my debt. You should also not pass in paying it monthly or daily or whatsoever your payment scheme.
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I think this really depends on what you are doing or what services are you doing. Most of the good profitable bitcoin businesses is exchangers and gambling sites in which I think is a lot of them but some are only being popular, well if we add other sites involving crpyto that is a huge number. An I think bitcoin businesses is more on bitcoin users so that may not be that popular but from the price pumps that is happening, they are earning some good profits.
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Well for me, i think the reason why companies and large corporations accept payment with Bitcoin can see that they see the potential development of Bitcoin as well as the cryptocurrency. At present, people want to pay for services, they often have to pay through intermediaries or payment gateways, the cost is often not cheap, limited to certain countries. But Bitcoin is completely different, it can do transactions directly anywhere in the world, without intermediaries, the transaction fee is acceptable.
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If you really want to make money only with btc, you can try signature campaigns or if you are a well versed programmer you can make bitcoin by offering your programming skills. For that you can make a thread in service section of this forum or just register in xbtfreelancer or workingforbitcoins.com. If you are a school student or in college you can try some faucets or some ptp sites that pay in bitcoins.
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Their are different styles to acquire some of these altcoins. There are altcoins that could be mined, so better find something to be in the pool. It is not as risky as btc pool mining but with the right tech from altcoin developers, you can acquire your own altcoin. the more miners of that altcoin, the higher its value will increase. You could participate in their bounty campaigns before they are released.
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In my opinion the more ICO in the market the more investors interested with it because ICO also a way of creating a money I mean the businessman wanted always to do ICO because they can generate a lot of dollars and they can calculating the project familiarity the amount of investors and the amount of the people interested with the project through ICO businessman benefited with it. so expected this year more ICO to be launch..
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I am also one of the addict long before I learned to store funds as tether when the market isn't stable. This keeps me winning trades as the value of my money is maintained that I don't have to hold them for a long time when the price dip down. This won't keep me up all night staring at the charts and the coinmarketcap. I'd buy back when it finally hit the support level in the market...
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Well actually, we can all find out later. I have seen it to be one of the tokens that will first be adopted by regular users and businesses because banks are going to make it like its a coin for their transactions. Several banks had already express interest to the technology, if they were to create their own coin, they would find it hard for their clients to transact to them.
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For me, fiat will always be available, its the crypto that will be regulated as it has started like how china and some countries did. The way we buy coins an tokens today may b change drastically when all the projects leading to adoption are going to be ready for the next years. I hope to see myself buying on grocery stores with just my phone wallets. Banks will still be there I guess like the traditional way of banking bills but they may be offering coins which they may function like exchanges just to stay relevant..
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Me Im using myetherwallet there are pros and cons of this wallet .. The things that I like this is very safe you can download your file (KEYSTORE/ JSON file) to open this automatically. My advice is dont register in some suspicious site they will steal all your token if the site looking of private key then dont register.. The disadvantages of this is not mobile friendly very laggy in my phone .. If you want to use wallet much better to use pc...
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Its very hard to invest that small amount even $50, its very hard to make profit from it.. My advice you is try to work in faucet it gives you free btc or other crypto currency ..it gives small amount too but if you save it for the future you can earn big ,the important is they will give you free coins or join in some bounty in marketplace(altcoins) all you need to do is to wear the designated signature code and follow there rules. And also the social media canpaign, it can help you too..
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In my opinion, ethereum is the best altcoin and promising technology out there.. Everytime you buy eth , you are putting money into the one of the most powerful network that currently exists...And the potential for that network is endless... Eth never stop to help you to gain money especially when you join in some ico , tokens are exchange to eth thats why they are in the top or first position in terms of altcoins..
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Actually, your not late in this field just wake up and work very hard like make some research what are the new potential coins release in this forum .. Theres a lot of ico that promoting their token. Try to join in there bounty like signature campaign,social media campaign etc .. Or if you have enough money then invest in some legit investment or put your money in lending site like bitconnect.. Crypto currency or virtual money are the future money they will never stop to dominate us..
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Well ita up to you. If you think this is the time to sell your bitcoin sell it. But for my opinion, just think about it, bitcoin start in 2015 if i'm right see the difference of the price since 2015 and this year. Cryptocurrency can't predict when or what can pump the coin. A friendly advise if you have bitcoin hold it and sell it only when you have a important matters or emergency use
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Well i think , Bitcoin is created to enhance the quality of money we are currently using it's idea to have an innovative payment network that is fast, reliable and most specially nobody owns or control which makes it a promising coin. It is very unique and useful to a lot of people. Today bitcoin was not only consider as money it is also a currency that can be an investment that appreciates in time which makes bitcoin a popular crypto currency around the world and the king of all crypto that's why it is so popular right now.
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