Bitcoin will be forever special because it became the first cryptocurrency, everyone knows that bitcoin is the most popular coin supported by many developers and even many countries that have legalized bitcoin.
- Well, it is the leader and opens the cryptocurrency field, then develop quickly and become a storm for investors when it brings a super profit, nothing is strange when it becomes too special than other cryptocurrency, its contribution is too large. Over the years, the position and support of the community has remained unchanged, it is still a middleman between cryptocurrency, its benefits still bring satisfaction to investors, this is still no sign of disappearing until this point, it made the bitcoin really special |
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Learning from mistakes is what makes a trader be more matured, but if you one is afraid of taking losing then there is no chance to be successful as no one started and automatically get the best results. When we are just starting up, there will be plenty of trials and be have to accept it and make it as our inspiration to improve more to stay in trading.
- Exactly, no failure will not succeed, this may be the rule in the trading world because trading is a job that can only be predicted, there is no guarantee, if we dare not risk and accept loss, we will not be profitable. Money is too common, but we should know that it will soon return if we know patience and understand the reason that we lose money, here will be no place for the weak, our mentality that is too weak, we fail is certain, get acquainted with the fear and overcome it, it is all up to us, that is the advice that I feel is the most reasonable. |
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Yes it is true, although on a small scale but we must admit that the presence of bitcoin can reduce unemployment, if anyone says bitcoin is useless then it is wrong because they do not see the actual facts.
- Reality, it is reducing a small part of unemployment when some unemployed are looking for work over the internet, from there, they know bitcoin and bitcoin also gives them a chance to work then they achieved some achievement in bitcoin and no longer unemployed. However, another problem is also happening when bitcoin becomes so popular and brings rich dreams to many people, many people are leaving formal jobs to focus on bitcoin, very few people succeed, most of them fail in the bitcoin and become unemployed, so the unemployment rate has not decreased with the presence of bitcoin, even rising |
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I was thinking if bitcoin will ban from every country if bitcoin will vanish one day then what will happen? I got my Answer, Without Bitcoin, my life will be so boring! Now, I spend almost 7 to 8 hours behind bitcoin and bitcointalk, I love it, I enjoy my time. But if bitcoin dies! I can't imagine  What will happen to you if bitcoin will die  (Long Life Bitcoin, We will go to the mars again very soon) Well for me, even without bitcoin, my life will not be boring. I do not work or spend most of my time working on bitcoin. I have many things to do with my life thats why even without bitcoin, I can do many things that will not make my life boring. But without bitcoin, i cannot have the capability to earn my own money to sustain my daily needs and wants. - Because your life does not revolve around bitcoin too much, even you do not consider Bitcoin is a part of life, with you, Bitcoin is just a place to earn extra income, yes or not, that's not too important to you, you just feel lost part of your income. However, with many people, including me, Bitcoin is very important in helping me develop economically, my life revolves around and based on bitcoin, every day I focus on Bitcoin, without Bitcoin I think my life is nothing interesting, no money, become a mediocrity, lose motivation to try in life |
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No, they doesn't afraid in the power of cryptocurrency because they believe it will brings an advantages to them. Cryptocurrency is just an option for us if we want to have more income.
I believe many people will still go on to our traditional money.
- Of course not, cryptocurrency still not strong enough to threaten banks, even it needs the support of the bank to help it become more popular and easier search for investors, cryptocurrency is afraid of banks rather than banks afraid of it. If the bank wants, all cryptocurrency exchanges will become more difficult, but now they feel cryptocurrency are beneficial for them, so they are very comfortable with it, people in countries still trust banks, cryptocurrency is only a place to invest and make money, they will never trust in sending money |
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The price of the decreasing and for sure it will increase again the price just be patient and we will see again the price of the bitcoin become 20k dollars.
All better to do is to hold our bitcoin and keep buying and for sure we will earn a lot of profit.
- Yeah, Bitcoin is still a place of investment that caused the biggest surprise for us until the present time when it shows very clearly the profit for a long time, the scenario is that it increases very high then decreases significantly then it reaches higher values that have occurred very frequently. So, what we need to do at this moment is to hold and be patient with it, and if we have acumen and money, we should take this opportunity to buy more and should trade bitcoin when the price of bitcoin fluctuate continuously, easy to make money |
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
I think this is very unlikely, who is the person who is willing to give me the bitcoin he has for me?  but if this really happens, I will still invest it until I have a better price, and if after invested but the price down, I will not regret it because the bitcoin is a gift from others, and at least I have tried to invest it. - Of course the opportunity to happen this is very low in the present time when the price of Bitcoin becomes too high, even too expensive, and it still tends to rise higher in the future, the wise will not turn bitcoin into gifts for others, that's a lot of money. If that person is a family member, I can hardly give it to them because they will not be able to use it more effectively than we do, actually if lucky and get the gift, I will use it for day trading, focusing on bitcoin trading, profits and safety from this work are huge and guaranteed |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Because people are willing to risk their bitcoin to be able to gain more profit from it. You need to risk to be able to gain big. - They know the risk from bitcoin is not too great because the development and trend of bitcoin is very clear, it always tends to go up, that makes them believe that holding bitcoin in the long run will bring greater profits for them, helping them become richer without doing too much work. In addition, they do not have much time and skills for trading, what they have is only money, they choose the holdings to be safer and suitable for their conditions, however, they do not realize that bitcoin trading is easy and makes more money, instead of holding |
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if people stop buying bitcoin then it will decreased the demand of bitcoin in market and as demand is going down then price of bitcoin will automatically start going down and in last if such incident is hold then it will down price of bitcoin to very low. But in reality such possibility of such happening is negligible.
- The price of bitcoin down very low would be a bad thing for anyone who has invested time and money into bitcoin, the loss will be huge, we will lose our present life and become poorer, even unemployed, I believe we would never want to see that happen. And as you say, this will not be possible because the demand for bitcoin is constantly increasing, it still attracts a lot of people around the world, plus the contribution of the whales, they will never let the bitcoin fall and no one will buy, they will always find ways to help bitcoin grow |
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I think 2018 is a bad year for cryptocurrency, because every day the market price is always down, and I also see that in 2018 all coin cryptocurrency price is very difficult to increase.
- Precisely in this period, the market is showing signs of going down very severe and still no signs of recovery but we should clearly understand this is necessary because the market can not go up forever, it needs more time to adjust, get more capital and break the limit again. In addition, the cryptocurrency is developing very strongly in recent years, new capital is being poured into huge, especially in 2018, crypto is becoming a very popular field, that makes us have the base to hope for a better year than ever for crypto, instead of a bad year. |
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The main advice: do not rush! The market always provides enough opportunities for profitable trades. Learn about exchanges, about trading according to technical and fundamental analysis, psychology in trading.
- Well, what the newbie needs to do is accumulate knowledge, learn more about the analytics and experience of other traders, that's the first thing a newbie should do, do not rush into trading immediately, that will make us face the risk of losing money is huge. Trading is not a simple world, this is a battlefield, if there are not enough suitable conditions, engage in only waste of money and time, newbie will need effort in a lot of things if they want to be part of this battlefield, depending on the feeling of each person, if appropriate, join, if not, should not be too stubborn |
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It is not the goal of the cryptocurrencies, banks will exist in this world forever. The banks have important role in our economy, there will big changes if the banks disappear in our economy. The banks is really important financial institutions. So you basically don't know what bitcoin was created, its main purpose is to replace our current monetary system which relying too much on middleman such a bank and giving us absolute control to our own wealth. and I tell you, bitcoin exist to reduce our relying to bank and if possible, eliminate all those, although this thing has failure miserably and it seems that bank is just too strong. Frankly speaking, most of people who uses cryptocurrencies uses bank service as well. - The bank has always been a more trusted place than cryptocurrency because it is under the control of the government, and the government is the place to be created to support and develop the lives of people. We will not have too much trouble and risk with the bank, conversely, cryptocurrency is the digital currency with many different founders, safety is not high, many people still worry about security issues, it should be the place to invest, we can clearly see that the bank still has more advantages, eliminating the bank is impossible, it only affects us. |
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I think incorporating Bitcoin in college is a great idea. Having a some topics or lessons within the curriculum of Economics, Technology would be good to keep our next generation knowledgeable and equipped on how Bitcoin works for their future. They need to know how it works and what it can do to change their lives, also how to protect and maintain the crypto world once it is their turn to do it.
I definitely agree with your statement. As early as a college student, everyone needs to be enlighten what is really the crypto world is. And also Bitcoin will help them in their daily lives especially in financial issues. Haha, the truth of any financial markets is a tool to transfer money from investor to investor. Nothing creates money from this field, it simply helps us to transfer money to the person who deserves it. Example from the newbie to experienced traders  . Teach at college will help the student become the people want to get money from others without working. - So, the best is that we should not let Bitcoin appeared in schools, that just makes the future orientation of students disappear, bitcoin is a field where too much trouble and risk, want to survive in this world, it is not easy, should not put the future into it. Schools should teach students about things that are useful for their work in the future, help them have more knowledge and skills for their field, Bitcoin should only be a personal choice, if anyone suitable, they can continue to work with Bitcoin, if not, stay away |
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A very good question. For me, I will go for LTC, since LITECOIN is still undervalued compare to ETHEREUM. Etheruem now is already on high price, LTC is a really the best for long term position.
- Your thought is really simple, if you still apply that thought to your investment, you will never recognize the greater opportunity, the potential of both is that there are not too many differences, so choosing eth or ltc is dependent on our capital, the amount of coin we buy. That means if we do not have too much money and choose eth, profit will not be too big but if we choose ltc, the profit will be bigger, we should be wise and evaluate clearly the investment in many different angles, that will bring us the correct decision |
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Yes, It is true that positive thinking can bring about change in everything. You can be happy with positive thinking.
Very well said, that is true if we are a positive thinker it can lead a positive things, and for me let's just be postive and wait for the positive things we will come to us, always be positive and confident to have a great future with bitcoin. - This is quite correct because if we have positive thoughts, our confidence is increasing, we will not be too frightened with the risks, psychology will not oscillate, it will lead to wiser decisions, achieving positive results is what will happen. However, life always needs to look at the problem in many different aspects, positive thinking is too good but sometimes we fall into bad situations, we still have positive thoughts, we can fall into worse situation, positive thinking makes us too subjective with every problem, so we can be positive but limit it to the appropriate level |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
In my opinion, there are billionaires who invest in bitcoin, because investing in bitcoin is very promising and there are also billionaires who do not invest in bitcoin because not all billionaires know about bitcoin. - Of course, bitcoin is a fast way to grow money, and the billionaire will always be interested in these opportunities, however, depending on each billionaire, they will have their own judgment about bitcoin, and they will decide whether to invest in bitcoin or not. Some billionaires will choose not to invest because they do not have time and they feel bitcoin is not really attractive, they have so much better and safer investments, some billionaires will choose to invest when they see great opportunities in the future, but in short, most of them probably knew about the existence of bitcoin, even some who became billionaire from bitcoin. |
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You never give up trading. In the business world there is not always a good performance. Sometimes bad days happen. To give up trading is a bad choice. Trade is undoubtedly a very good choice. Trade is not risky or difficult. What's more, there's always a chance to make money. The key to success in trading is patience. Buy more crypto money at cheap rates and then buy some when prices are high.
- Trading is a world where there are always surprises that can happen, sometimes we will have big wins but sometimes we will fall into really desperate situations, these are the things that help create a balance in trading. To give up or not to give up, it depends on each person, we should not encourage or force them to continue to participate or to give up because we are not in the situation or their destiny, we can not understand what they are facing, we can not give them proper advice, only they know what they need to do next |
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I think its just a rumors that just want to have a big news of the year. I guess this is not possible at the moment, there's another news that Facebook is banning all the advertisements regarding cryptocurrencies, so if they use bitcoin, they probably accepted the fact that bitcoin and other Cryptos really are true. They banned this Cryptos due to Facebook is like promoting a possible scam ( maybe for some projects but we should not consider all the project are scam). But we just have to wait for the moment, it will benefit both parties.
- Everything is sure to be just rumors because the information shows the views of facebook is not wanted support for Bitcoin, support and accept only bring them more trouble when there are so many scams on social networks, affecting their credibility. In addition, Bitcoin always get the attention of government, most governments are always very afraid Bitcoin, if facebook help Bitcoin development, the government will not allow that to happen, and I believe facebook also does not want to do things that involve too much to the law |
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Will the paper money be here? The government wants to protect the paper money. In addition, the government wants to create its own digital currency. So the states do not allow paper money to be lost, there will be more digital money in the future, but certainly the paper money will continue to exist.
- I agree with your thinking, the government will find ways to maintain and protect the paper money, paper money is too convenient in life, without it, all transactions will become quite troublesome to us. Something that should be simple, let's be simple, we should not complicate matters, it just makes us fall into situations that are difficult to resolve and funny, paper money is a tool that is indispensable, society becomes modern or develop stronger, that also can not change the position of paper money |
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Dont do that please, i dont think i will do that. First of all, your house is already an asset, why sell them? Its a basic thing you need in life. You are lucky to have your very own house (we only rented ours and dreaming to have our own house). Bitcoin is also unpredictable. Maybe you can earn a lot but at the other hand, you can have a big loss. (bye bye money and house). If you really sure in doing this, just invest it properly and think many times before investing it. Just wishing you that you are doing the right thing. In the end you might regret it ( I hope you won't regret it)
- I think most people here will also think the same as you, they will think to the risks they can face, then they will choose not to sell their house because they do not have enough confidence and courage to invest in bitcoin. However, I feel that standing at a certain angle, we should not think things in the normal way, we should have a little breakthrough in thinking, millionaires or billionaires are also people who become rich from crazy thoughts, it means that if someone enough confidence and without fear of loss, they can sell the house and go all in Bitcoin, the risk that big will certainly bring terrible profits |
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