Investing on bitcoin has created a new dimension on the Crypto world. It is actually one types of business. This system is like as , if you buy some coin in cheap rate after few month later you can sell these coins. It is not sure that you can always make good profit , sometimes you can lost prices. But in the recent world it is becoming popular treading. For example, At the end of 2017 the value of bitcoins reached at the highest position. Though, It was really unbelievable . It continued at the first two months of 2018. But after few month later and the mid of 2018 it started to decreasing instead of increasing. So you can easily realize how to invest on bitcoin.
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Bitcoin is a form of currency relatively new, only beginning to impact on the mainstream, but many people still do not understand why they should attempt to use it. Here is the reason you takes time for bitcoin. Such as, 1) Automation in the payment system to eliminate 3rd person or middle person. Another advantage of the Blockchain 2) without 3rd party you can get your payment. 3) No risk to steal you money in BTC. 4) A lot of international marketplace approve BTC payment. So undoubtedly it has a bright future.
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At the end of 2017 the value of bitcoins reached at the highest position. No one expected such types of growth of bitcoins. It was really unbelievable . It continued at the first two months of 2018. But after few month later and the mid of 2018 it started to decreasing instead of increasing. The recent time the price always ups and down. I doubt it'll be a massive drop, the overall trend is upwards and it's likely to stay that way for the next couple of years. It is expected after few month later or at the last of 2018 the value of bitcoins will be high position again.
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If you want to sell hole coins there some criteria is important to think . If you make huge profit then you can sell. Or , if you have sudden needed of money you can sell. But if you sell your coin for only price dropping I suggest you be cool because, I doubt it'll be a massive drop, the overall trend is upwards and it's likely to stay that way for the next couple of years. At last I personally suggest you be cool and wait for very good future. Good luck.
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In the recent time, the acceptability of Crypto increase. A lot of international marketplace approve various types of cryptocurrency like BTC, ETH. Instead of these, some country banned it. But I always think as bitcoin is a latest cryptocurrency so everyone should use it in every sector like , Online shopping, trading, mining, payment everything.
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I don’t think cryptocurrency will replace once countries government currency but they probably will eventually be used as an alternative form of payment . In the recent time, the acceptability of Crypto increase. A lot of international marketplace approve various types of cryptocurrency like BTC, ETH. Instead of these, some country banned it. I also think cryptocurrencies will have other functions like store of value or specific functions like internet of things or data storage or various other uses that these altcoins are being created for.
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Why you afraid? At first some question comes into front. 1) Lose my money 2) Time killer but not productive, 3) I will not make profit I think these issues are bugging on your head. Bitcoin is now global currency . A lot of international marketplace allow BTC right now. So there is no chance to lose your money. Obviously there need some time to make profit. But undoubtedly you make profit. I want to give some tips for the newbie of cryptocurrency. At first you should invest very small amount. Before come to trade you need huge study about market tendency, about the coin price. Where you invest what was its previous history. How much you should keep hold
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I think at first you don't believe about Crypto. Otherwise you hadn't too much knowledge about trading. When anyone come to trade in any business at first study about marker situation. After you selling a single piece of Bitcoin go high price . But you haven't anything to do. Your problem is, why you don't learn trading you seem to be drowned with debt then if your going to risk every money you have then why not risk it all in trading. But before entering it you need to conduct some research first and learning the basic buy and sell in trading when to buy and what to buy then an exit strategy. Also manage some time to also learn the fundementals and technical analysis of crypto trading.
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It is actually not like that. Mistakes can be productive if you learn form those mistakes. In general, some mistake occur in Crypto trading like as, no knowledge that they often go to fraud sites that harming many people , especially in the selection of junk coins as now, instead of going up just to keep silent on that number alone for a long time, the panic will be very dangerous for yourself, think realistically do not expect too much to earn more money, but that's not the fact it will frustrating, ordinary-minded and trying to analyze every desire to invest or whatever.
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You can search on official site who provides BTC service or search on Google. Google is the best teacher. In any requirement you search on google it helps you . On the other hand you can buy a physical form of Bitcoin on eBay. It may helps you. After all you should more study about it. Only huge thesis can reach you good ambition.
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You should invest only a small part of your income. You should study about the market tendency. Don't forget that from your income you should also get some money out for savings, so maybe 10% for savings and 5% for trading, although that is already 15% of your income, and most people cant even afford that, because they spend almost all their salary in essential needs, and they can't even get money for savings. If you follow this rule you may be save from danger.
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Blockchain is a latest technology. It offers a lot of the advantage for the future purpose. Such as, 1) Automation in the payment system to eliminate 3rd person or middle person. Another advantage of the Blockchain 2) You can try to build your Dapps in the Blockchain just like what already did by some companies. 3) Cyber risks would get reduced by using blockchain technology. without these blockchain offer some other various types of services. So undoubtedly its future is bright.
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I always prefer investing on Bitcoin. It is very useful for long term business. The main cause its acceptability. Although price often ups and down . on the other hand , investing in ethereum becomes more and more risky every day. and the risk is not just because ETH is in a big bubble and banning ICOs can mean the end of this platform for good. Although ethereum is now one of the important cryptocurrency . But I personally always like Bitcoin.
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It is actually not like that. If I say , Many cryptocurrency 'traders' are making fortunes. A huge investors make millions of dollars profit. In crypto trading one person's loss is another gain. Strive to become a good player to avoid loosing out, is it wrong anyhow? No . There must need to have a clear concepts about trading, only then you come to trading.
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Bitcoin's future is bright I think personally. Some reasons exist for such types of thinking like as 1) A lot of international marketplace now allow Bitcoin for payment. 2) Today's world is virtual world, so virtual world has a virtual money very easy thinking. Bitcoin is one types of virtual money. 3) Crypto Investors have a positive response in investing on Bitcoin. After all discussion I think bitcoin's future is bright and strong.
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Strategy is big big thing to become a successful trader . If you really want to be a successful trader you must have some special characteristics, like 1) Learning capacity 2) Studying mentality 3) Understanding capacity.
That's may give a good experience.
Experience on actual trades will teach a trader on how to deal with every price trend that they will encountered on the way whether uptrend or downtrend . People don't need to study deep trading terms, chart indicators, fearless using those trading lines and algorithm etc. as long as they understand what they really doing. Like I said, experienced while on progress will make our future trades be successful on long term.
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I prefer to use bitcoin at the exchange site, because for buying and selling online.
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It is considered the era of networking & technology. Cryptocurrency creates a new dimension of this. In the recent time, there has to be some kind of a worldwide cryptocurrency organisation,which approves or denies new altcoins. All the crypto trading platforms will have to abide by the rules of this organisation and clear the crypto marketplace from the shitty pump & dump coins. After all, People benefitted by so many Cryptocurrency undoubtedly.
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At first you have to understand Bitcoin is now the global hot Cryptocurrency. So in general its demand become high. Bitcoin will still increase its volume, maybe this couple months Bitcoins dropped but soon it rise again and you'll just wait and make profits. I read some articles that bitcoin will have a bull run this year so hodl your btc and don't panic sell. It is great to see bitcoin is holding above 6000$. The market demand, volume , acceptability after all every positive thing increasing day by day.
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At first you have to understand Bitcoin is now the global hot Cryptocurrency. So in general its demand become high. It is great to see bitcoin is holding above 6000$.I think it will retrace between 6000$-7000$.But chart is not showing good things if we go below 6000$ then we may see another crash. And yeah bitcoin is now heavily manipulated because of leverage trading.
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