It makes sense that the conspiracy theory that you explained in the opening post could indeed become a reality if the corona vaccine was not found. But several articles on the internet have mentioned that several pharmaceutical companies from several countries have succeeded in creating a corona vaccine. Now even the Pfizer corona vaccine from America has been claimed to show positive results and is 90% effective. Then according to records from WHO there are more than 170 corona vaccine candidates being developed. Based on this news, it seems that in the near future the best corona vaccine will be announced by the WHO, then the conspiracy theory in the opening post will not happen.
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Never store your coins entirely on exchanges, as there is a risk of losing your coins. Although Binance exchange is a popular and trusted exchange with a good security system. But does not guarantee the safety of your coins, because exchanges are very vulnerable to being hacked. Using a trust wallet is much better, even though it is trust wallet also own by binance. I actually recommend storing your coins in a hardware wallet, because private keys can be stored offline.
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At first I was very surprised to read the title of this topic, it turned out to be only a phishing attack problem. This can be avoided by increasing education, in order to provide awareness to many people not to randomly click on any links. Or at least check first the addresses of the websites we want to visit, so we won't be victims of scammers. Whatever messages we get in our email, please read them carefully before deciding to click sites contained in messages emails.
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Sorry to say for me all types of trading bots are too risky to use, because I have had a bad experience with trading bots. So for now I prefer manual trading, which is easier to do and can also improve our trading skills. Then the experience of doing manual trading can be very useful to avoid us choosing shitcoins, because our analysis skills are getting more accurate.
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I believe Bitcoin is still in progress, because there are still many shortcomings of Bitcoin that need to be fixed. Since Satoshi statement Bitcoin has developed quite rapidly, and Bitcoin has also increased. So the demand for Bitcoin increases and makes the price of Bitcoin even more expensive. Regarding Satoshi Nakamoto's dream of wanting Bitcoin to be fully accepted as payment has started to come true, because some countries already accept Bitcoin as payment.
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So much bored by Serie A during the last few days. Too many draws Milan still lead the standings, too bad Ibra missed yet another penalty: if I am not mistaken here, he missed the last 4 of 6. He said next time he will leave the burdain to Kessié. Napoli had a nice comeback in the standings, while Juve had too many struggles with Lazio. Yeah seem like Milan has started to fall a bit and funny it coincided with me not having enough time to watch full matches. I still think Milan has a chance to take the title this year with some transfers in winter to strenghten the team. Also Verona is making it hard for a lot of big teams so this was not such a big surprise. I agree even though AC Milan experienced a decline in performance against Verona, by playing draws. But I am still optimistic that AC Milan can win the title this season. especially seeing the appearance of Juventus and Inter Milan, their performance is still worse than AC Milan. There's a long way to go anyway, so AC Milan must be more careful to carry out every match well. Especially facing a weak team, their can't lose concentration, like when against Verona conceding a goal in the early minutes of the match.
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Thank you for reminding me regarding the basic rules in crypto investment, all the points mentioned in the opening post are mandatory if you want to succeed in crypto investment. Especially for newbies who still lack knowledge of cryptocurrency, prioritize running point number two is "money making should come last, learning is the first thing to do".
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I am very happy with the positive news regarding the COVID19 vaccine, which was finally 90% effective in preventing infection with the COVID19 virus. Although it is not yet known what side effects will occur from the vaccine in the long term, at least this is very good progress. It could be said that this good news made a positive reaction to the crypto market, it looks like the Bitcoin price continues to increase, I hope Bitcoin can really return to its all time high price.
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We must appreciate what has been done Twitter with disabled posting BTC address, This is an action taken by Twitter regarding incident scams that have occurred frequently regarding cryptocurrency on their platform. Although it is not perfect because it can still write Bitcoin address in bio on profile. But at least the Twitter developer team has tried to protect its users from scammers, I am sure that Twitter will soon disable the Bitcoin address in the bio too, after getting reports from several people who found these deficiencies.
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There are still many people who think that playing gambling is a way to make money, even though this assumption is wrong. In my opinion, playing gambling is only for entertainment, because gambling was created so that many people suffer losses. If you look at statistics we can see that the percentage of those who experience losses in gambling is much greater than those who win. So playing gambling should be better with money that we can afford to lose, so when you experience a loss it won't stress you out. Especially playing gambling with borrowed money, if you experience a loss it will make us depressed and if we are mentally weak, then what happens can decide to commit suicide.
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In my opinion, cryptocurrency is more valuable than Gold, we can see that cryptocurrency price movements are much more volatile than Gold. So this volatile crypto price can be utilized to generate much greater profits than Gold. Even this year, cryptocurrency has performed very well compared to other assets. If you want to make a large profit, it's right to choose cryptocurrency for investment.
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Technical indicators are very important to help predict coin price movements, so we can determine buying and selling prices. And of all the existing technical indicators, everyone uses different technical indicators, according to their respective tastes. I am used to only using MACD and RSI to help me analyze price movements in the market. Because the two technical indicators are enough to help me predict the price in the market.
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I appreciate the good intentions of opening post which educate people to know more about Bitcoin. But some of the points in the opening post can indeed provide misleading information, especially for newbies who don't know anything related to Bitcoin. We must be careful explaining information related to Bitcoin, don't let people think Bitcoin can make you rich instantly. So it's not quite right to write Bitcoin boost your bank balance, because it takes effort to be able to get profit from Bitcoin, this should be explained in detail. So people don't misunderstand about Bitcoin.
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I'm sure none of the members of this forum will be interested in trying a crypto ponzi scheme. Because many people have been harmed by trying the ponzi scheme, it is best to avoid seeking profit from the ponzi scheme. In fact, I also experienced losses when investing in a ponzi scheme when I first got to know crypto. Fortunately at that time I was not investing a lot.
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This year there is a lot of good news related to Ethereum, so it is only natural that the price of Ethereum will rise too. In fact, the current Ethereum price has gone above $ 400. Now there is other good news regarding Ethereum, namely the Reserve Bank of Australia using CBDC on the Ethereum network. This can increase investors confidence to continue holding Ethereum for the long term. Especially it can attract new investors from Australia too.
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Since 2019, in my opinion, airdrops are no longer profitable, even some airdrops require KYC and the tokens we get are invaluable. 2020 is also not much different, the few airdrops that I participated in, only a few actually gave decent rewards. Instead of wasting time looking for good airdrops, we better spend our time analyzing the market. Because 2020 is great for cryptocurrency trading, because the price of Bitcoin and some of its altcoins continues to go up.
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I agree that the COVID19 pandemic has caused the world to begin to enter a digital era, it can be seen that in my countries most of the people live convenient to use debit / credit cards to make payments compared to cash money. And also people prefer to shop online instead of having to come to a mall or shop. So if you look at statistics, online stores and market places have increased visitors and transactions. This is very positive in my opinion, because it prevents the spread of COVID19 due to physical contact.
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It's too early to say that DeFi projects are over, because the decline in the price of DeFi projects is only because of the sudden increase in Bitcoin. I am sure if you see some popular DeFi projects that are still high in volume, this indicates that DeFi projects still have high demand. We just need to be patient waiting for the Bitcoin price to stabilize, after that we can see DeFi projects will recover.
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Many people choose volatility and high transaction fees as the biggest disadvantages of Bitcoin. I agree with this, if the volatile price of Bitcoin cannot be controlled, it will be difficult to make Bitcoin a means of payment. Then related to high transaction fees owned by Bitcoin, we have tried to overcome it with Segwit and the Lightning Network, but have not been proven to be effective, because it is still too high, when compared to altcoins which have much lower transaction fees. Hopefully in the future there will be other solutions that can overcome the two disadvantages that I have mentioned.
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Every gamblers must have a way to manage bankroll well, which is a matter of how effective we are in managing bankroll. Especially when we experience losses, of course there is a strong desire to pursue these losses and this can change the rules we have made. The more experienced people in the world of gambling, they should be able to find a good formula for managing a bankroll. Because one of the keys to success in gambling is how we manage the bankroll we have.
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