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Yes hopefully a good advice from you be read by others who recklessly to put all the money to invest in bitcoin.
Bitcoin is very different from gold and properties that aren’t too risky and have a stable price in the rise. We must be smart in investing don’t be too reckless to put everything just for bitcoin. Before starting to invest think wisely and make a good strategy to buy some bitcoin with enough money and don’t overdo it, because we still have the needs to be purchased with the money we have.
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It won't happen.
Smartphone for bitcoin mining? you are just destroying your phone.
Smartphone as digital wallet, you can simply download an app / wallet and that's how you make it as your wallet.
You never know! With the help of nano technology we may be able to achieve smaller chips that produces as much power as a full sized mining rigs in future. I mean that is not the reality now but it may become in future. If you were 80's kid, did you ever think that you can carry a computer in your pocket? Because what computer we have seen that time was Pentium one and it required an air conditioned room to run that. Nano technology achieved that impossible and now we carry a smart phone inside our pocket. So keep your hope high as we don't know where the technological achievements can take us! But still not profitable if the level of mining difficulty is increased, the phone wasn’t created for that and the mining rig should is also developing and professional miners should prefer to use a special tool rather than sacrificing their phone. |
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In general, mistakes are often is panic, whether it's panic selling or panic buying. That panic can be triggered from the mistake of choosing a valid news source, even sometimes they just hear a rumor come out of nowhere. Then the life problems that brought along when making decisions mixed with emotions.
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My best advice for you would be if you are about to start raining you should start as soon as possible because if you will be postponing it will harm your initial income that you can get.
i think dont be hurry while you want to start trading.it all about money, we must make decision becarefully.and check it with our skill, are we have enough skill to start trading.wif we dont , better to postponed it untill we are ready. I agree with you because trading requires skill preparation if we’re doubtful and not ready then it can inflict loss to ourselves. Think carefully and calmly if you’re really ready and don’t delay anymore. |
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Because crypto market's development is unstable, how can we find a stable coin ?
I agree. The cryptocurrency market is never stable if the government does not control the price of the market. There are still so many whales in the world that are manipulating the price of the cryptocurrency market every day i think you are right, but i also think that this is not a good thing if we want that people start to use btc as currency. Yes if bitcoin used as currency it will be stable because there is no unstable currency. The stability of the currency is certain because currency is used to buy an item/pay a service if it’s not stable then it will be difficult to determine the price of goods/services offered. |
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No, altcoin has no dependence on Bitcoin but price movements can affect each other and their effects may vary with each altcoin, as it requires purchasing a coin using Bitcoin for example. Regardless of how dependent an asset to anything else, the value of each asset is based on supply and demand
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i had to even talk to my wife to allow us sell our house so we could invest in our future and that of our children and i must tell you that it is really paying off
Sell your house to invest in bitcoin? That’s foolish, it's true you will gain double profits if the price increases but you will be disappointed if the price decreases, do you not pity to see your small family don’t have a home to be a place to live. The house you sell is one of the promising property investments rather than you forcing yourself to invest in bitcoin that the price is not necessarily promising. |
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The increase of dollar value doesn’t give a significant effect on the price movement of Bitcoin or even it just follow the inflation course because Bitcoin still depends on the value of FIAT, especially the difference in price stability between these two. There are other factors that affect Bitcoin more, like statements issued by the government (in each market this gives a very big influence) or the big players participate.
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The hackers are everywhere and there but they are anonymous no one knows their whereabouts. The hackers take everything from other people and the profit is only for themselves not for others. Therefore you should be more careful to keep your private key so it won’t be easily hacked by the hackers.
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Hold is a way that doesn’t require special skills because it’s just hold for a long time. Meanwhile being a daily or monthly or yearly trader requires a special skill to make a profit.
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it is same as medicaments someone use them to cure illneses, someone to make illegal things, someone for suicide and murder. So in any case the tools can``t be blamed cuz one way or another those actions will be commitet.
Yes it’s true it all depends on a user because if it’s misused as a criminal tool we can’t blame fully the tool because it can’t move or work by itself without someone using it. |
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It will never happen in the future because cryptocurrency and fiat money have their own roles that cannot be replaced. That thought is merely fantasy and unlikely to happen.
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In my opinion, whatever your investment is, in every way there is a risk, for me the risk can never be completely eliminated but it can be minimized. I always put the principle of "expecting the worst" and "have a backup plan for your backup plan" every time I invest in a crypto .
So we can say that not only crypto but every kind of trading and investment is for risk taker. If you are a risk taker then you can invest your money in crypto currencies, because there you have to buy bitcoin and then wait for the good price to come, and even no one know about the price that either it will increase or decrease in future. Your investment is totally in risk but the profit that we can take from bitcoin investment and trading is also a good one. Yes it’s true because it’s difficult to predict crypto’s selling price and no one can predict precisely the selling price. All kind of investments or trade have risk but like you said, from that risk we get some profit that others may unable to get it. |
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You don’t
have to bother to change that, they are part of Bitcoin and part of the
economy, even life. Surely you've meet people with similar traits around you
and it’s their character that makes life more dynamic. But that doesn’t mean
they don’t need education.
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When sellers panic, this will push the market down more. And it seems that sharks are fond of this chaos.
yes true because of the panic the whales are happy because he will easily get bitcoin from bitcoin sellers in a state of panic. usually people who panic it is just people who do not have a strategy and beliefs are very sure to hold bitcoin at the moment see the price down they panic then sell it |
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in my opinion the fans will only catch a glimpse of his idol when the jama used to be and continue the activity berinternetnya or even not seen at all, especially for those who are not interested in the field of investment. the ambassador's function just makes things that they are promoting to be interesting.
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I think with a decentralized infrastructure like Bitcoin it's almost impossible to create a refund system, because no one can judge which transaction is valid for refund or not. refund in BItcoin can also create security holes for its users rather than providing protection to users.
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It is so hard to move on when you lost your bitcoin like for example, forgot password or lost back up phrase for account recovery and that is why it is best to keep a hard copy of the back up phrase and also the password of your wallet so if ever that you forgot or lost your soft copy of your back up phrase then you have a back up.
yes it is true we time will forget the password of our wallet if we just save it with soft copy in our computer it will be easy to lose if exposed to a virus that deletes all the existing files at least we make a backup computer using paper written password our wallet so that when the forgotten or soft copy is lost we still have a password backup on the paper we have ever written. |
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Its old news of Facebook that they are banning cryptocurrency ads but i can see still ads are appearing. i don't think bitcoin still banned ads.
he talks about the opposite, facebook has allowed ads about crypto. I think the price will not move too big considering it's only the permissions on facebook ads that I think facebook has been abandoned by some of its users, especially after the privacy case of customers who leaked some time ago. |
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According to my knowledge bitcoin has no great effect on trading but it’s very influential due to the increasing demand and the limited supply so the value of bitcoin can change very drastically.
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