It's better to earn real tokens, not fake ones as most of these ICO's are scams and they promise in any method to scam people. I joined so many Airdrops, bounties, but only 2 to 3 paid me and they were in less price. I wasted my time by promoting them on Social media sites.
I suggest you to discover much, but after all these also they don't pay anything for us.
I agree it is so much hard to discover a very good and profitable Ico now, you promote them for a long time then you ended up with nothing there should be regulation here so people will not get scammed again and these airdrops are just a waste of time for everybody. Truth it is so hard to discover an ICO if it is legit or not , I am a victim of a scam ICO once and just like you promoting their project for long time and earned nothing. Now I only joined to reliable managers and always read the project first so what had been happen to me will not be done again. |
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Yeah, man! Trust only reputed managers and good companies. Do the research yourself and only put in work for campaigns that looks legitimate.
Actually this is what I am doing I only joined to reputed managers but still I have to read the white paper or what is the project is. Honestly it is so hard to determine the bounty if it is a scam or not .Read and Research always so your effort will be worth it. |
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I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.
My country Bangladesh.
Apologies if this is not the right place to discuss.
Thanks in advance.
I am sad that bitcoin was banned in your country but I think you can still continue to work with bitcoin as long as you are careful and you can transfer your btc in another wallet. I am glad that our government did not do it but for sure we will always make ways to still be here and support bitcoin. |
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I disagree with the statement of the OP , If ever we all HODL our bitcoin so it means the supply in the market will go low but since the demand is high they will start to increase the value of bitcoin and that is the time bitcoin will pump and that is the right time to sell.
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Things you should know before investing in bitcoin
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
Absolutely right befoe we engage in crypto currency we should and it is a must to read or do a research first of what will be the consequences of investing crypto. Invest with your own will and you are willing to take the risk . |
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There are several tax options today, and all of them can be applied to crypto-currencies, depending on how the latter are defined in the state. Most often, the following taxes are introduced: - Value Added Tax (VAT). It can be levied by trade operations made with the help of crypto currency as a means of payment, as well as currency exchange. Basically - the exchange of crypto currency for fiat money, but in theory VAT can be levied on the exchange of crypto currency between each other. It operates mainly in those countries where crypto-currencies are recognized as a payment instrument, for example, in Japan. When buying goods and services for cryptocurrensies, VAT will also have to be paid to the residents of the UK, but they can exchange the crypto-currencies for fiat without paying VAT.
- Tax on goods and services. A kind of analogue of VAT for those countries that have recognized crypto-currencies are not a means of payment, but a commodity. Acts on the same principle as VAT. Only in the case of VAT, the taxpayer is in fact a buyer, and in the case of a tax on goods and services, a supplier of goods and services, in this case a holder of a crypto currency. He has been working in Singapore for several years. At the beginning of this year, a similar system was adopted by Israel with respect to the mining, which was equated with the production of goods.
- Personal income tax. Personal incomes in crypto-currencies are taxed, for example, the salary paid by the employer in bitcoins. Implemented, for example, in the US.
- Profits tax. They are subject to any companies that make a profit. Also, they are subject to profits earned as a result of trading on the exchange and the performance of other currency transactions. In the cryptosphere, this system is used specifically to tax the crypto traders and various crypto-currency organizations (from the exchange of crypto-currencies to the pools for mining). Mining may also be subject to profit tax. In the US, for example, take into account the profit from crypto-activity in the tax declaration will have to be traders and miners, and all people who somehow earn on crypto-currencies as a result of speculation. The same tax is levied on all crypto-currency transactions made by legal entities in Australia and Japan.
- Capital gains tax. They are subject to income of individuals and legal entities obtained as a result of investing in shares, bonds, securities, valuable assets and so on. In the cryptosphere, it starts acting as soon as the crypto-currencies are equated to valuable assets. Not only investors fall in, but all holders are also crypto currency. This system is implemented in the US, where it matters how long the holders of crypto currency keep them and in what quantity. He also works in Australia, Brazil, Canada and in many EU countries - Bulgaria, Finland, Germany, Spain and others.
- Property tax. For the cryptosphere, it becomes important when the crypto-currencies are recognized as property, a valuable asset that is owned. As soon as such an amendment is made, the holder of the crypto currency is required to notify the tax service of all transactions concluded with this asset. Such an amendment was introduced in the US tax legislation, where the crypto-currencies in this case are presented as a valuable asset, and in Australia, where they are recognized as property.
What do you think about the taxation of cryptocurrencies? Which model fits best? The government would be too rude if they're going to implement or out taxes on cryptocurrench because we all know that we aren't earning enough to sustain all our daily needs. Our income here is unstable so if ever they will do it, ut would be a big burden for us. So true , if the government will be involve here I think crypto will get crazy due to we will be obliged to pay them even the profit we will get here is unstable and we do not know where our money goes if they will do it for good or they will just corrupt it. |
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I want to have the two , the real job and to be here in crypto . My job can help me to pay my bills and my daily needs while the bitcoin or alternate coins that I earn in crypto is for investment and also savings for my kids future . I do not want missed any chances to earn money because I want to have a good future not just for myself but also to my own family.
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...
You clearly don't understand bitcoin. Please study. I agree with you mate, if OP do not understand why lots of people are still buying or investing in bitcoin then maybe he needs to study more also if he doubted bitcoin then he can freely step outside of the crypto world. |
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What I can say is we canno't control some of the bounty hunters to sell their coins if the time come that the coin will be listed in the market because they want to get the price of their deprivation or what have they work for on the other hand there are some are willing to wait longer.
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How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
It is riskier for them compared to others who are been here for long time since new begginers had lots to learn how the market will works ,knowledge is very important specially if you want to buy a coin you should see to it that the coin you want to invest will be a promising coin and not a shitcoin. |
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I am using my ethereum for the purpose of transfering my altcoins to my other wallet , purchase a coin and most of all holding it for long term as an investment .
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We are into gadgets, most of the people are addict on it.
We spent more of our vacant time facing our Cellphones and Ipads.
Playing games and downloading some apps on the store require payments, Is this the best time for those stores to open their payment method with cryptocurrency specially Bitcoin?
That would be nice if they will accept cryptocurrency specially bitcoin since we are very addicted or most of the time we are facing with all the kinds of gadgets and it will be very accessible if they will accept bitcoin as payment because one of bitcoin's function is for online transaction. |
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I have seen many threads talking about should I sell now or wait till BTC moons. When I see these threads I marvel and move on to check on different topics or threads because I know the person doesn't know what he is talking about. Diving more into cryptocurrencies, when you sell now it means you are a coward and don't even know the kind of cryptocurrency you are dealing with. One thing is that, its really kinda pity to see those topics raised. I have set a goal and until that goal is not, I will never sell BTC and that's me.I want ask that is it because those selling the coin are newbies and are afraid of loosing some small $s or they haven't read much about bitcoin or the cryptocurrencies or they have low knowledge about the blockchain technology?
only fools are selling bitcoins now. the price is falling, I think it's time to buy bitcoin. not even sell it I do not want to judge people who sell their bitcoin even the price is falling because we do not know what is their main reason to do it , it might for emergency or they really badly need money and they do not have another option. Yes it is true that it is very much better to hold bitcoin and wait until it goes to the moon again that is why as much as I could I do not want to be tempted selling my bitcoin and invest more this dip. |
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I had a gambling addiction problem before but as you stated i start realizing that the money I'm losing is something which might help me in future, it will support me if i have a financial failure, so what i did was stopped logging in on the gambling site and stopped seeing other players profit, instead i started investing on different sites bankroll and started making profits
We mostly have the same scenario mate , I can say that I have addiction problem also before ,there were times that I cannot control myself I always look ways to gamble, but like you I just realize one day that there is more important thing that I can use my money , for my future and for my kids. It is hard to stop if you already used to gamble but if you are willing to earn you will stop wasting your money in gambling and think for brighter tomorrow. |
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Everything gets combined within a single factor, which is the greed. Because, most of the users makes a win in gambling during their initial days which is purely on luck. Very few makes hard predictions going through the various strategies and get into it. This turns to be a greed when days pass and makes the user end up losing.
I agree.I think the main root why we always keep on losing in gambling is our own greediness.Our minds are solely controlled by greed that keeps pushing our momentum to gamble again even if we had experienced consecutive losses already.But i know it's inevitable especially if we really want to win back our losses but at least somehow we can control and minimize it for our own good. Yes that is true, when I was very addicted in gambling even I loss straight in a row I always push myself to keep on playing, the greediness I felt to win and the eagerness to get back what I've loss lead me to a very bad situation that is why now I hardly try to control myself not be addicted in gambling again. |
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To be honest most of us can't be successful person in the gambling simply because it depends on luck,so I am not successful in gambling because I lost more than I won in gambling,but gambling is not for success or failure just enjoy the adrenaline while you are at the betting time which is more worth than our money.  You got it right mate ,maybe there are some get successful in gambling because they are been so lucky, like you I am not successful in the path of gambling because I do more lose than winning . I agree with you the important thing in gambling either you win or lose atleast you are having fun in the game and also if you observe that it is not your lucky always stop before you lose it all. |
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May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.
Gambling is risky either you play it in traditional way or in online , do not take risk your bitcoin if you do not want to regret at the end. First you will thought that you are just making it as your pass time or for fun but later on with out noticing it will turn out to addiction so as much as possible never try to gamble. |
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Btctalk name : changcloy
Rank: full member
Current post count : 647
BTC address(No BCH) : 388fyoiyCMMhPTVyy3oKD5uqMdLAyTR4MA
Wear appropriate signature : yes
Wear avatar: yes
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Actually I do not know as far as I understood KYC is made to lessen or prevent scammers here in cypto but I also heard that scammers may used our identity for bad things that is why I don't know if I will be afraid or not?
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Yes ,it is real mate it down to $6,152.81 right now ,some will really get panic because it keeps on falling but most of the investors take this chance to invest more and more, everything will be okay it might not tomorrow or next month but as long as you are willing to wait and do not sell your coins you are not losing anything. Keep the faith for BITCOIN.
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