I don't think so, because hodl depends on the knowledge, patience, and discipline of a person who are trusting the coin and the market movement.
You're probably thinking that it is easier for them because they have separate funds for their essentials and needs.
But investment doesn't work with that mindset, everyone who invest are at risk and they are also making strategies and predictions in the market.
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It is always those countries who made the vaccine, if they made it and produce more of it then countries bought it bulk by bulk.
Those countries who sacrifice their time and effort to make effective vaccines are the one who will have a better economy after the pandemic.
Also those countries who fully eliminate or lessen the transmission of the virus will also regulate and go back to normal again and help their economy grow again.
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Bitcoin can work on its own and it doesn't need any big companies like that, they are saying that they will going to adapt but ended up leaving bitcoin behind.
Look at bitcoin now, its price is increasing without those things, hoping that we can see more increase in bitcoin in the market.
If you think that bitcoin only needs big companies to prevail in the market then you are wrong, it can make its own uptrend.
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Bitcoin is more practical than banks, because in most of the banks, your money are just sleeping and not growing that much compared to the crypto market.
If you hold bitcoin, its price varies more compared to the banks. As the market is volatile, your price can dance and you can predict it by doing some analysis.
These cryptocurrencies are much better to invest and hold than fiat in the banks that's the reason why they chose crypto over fiat.
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How did you now about bitcoin? Did your friend told you, or did you get curious about it?
You should read more information and idea about how bitcoin works and you need also to understand how blockchain technology operates in the digital world.
It is hard to invest on something that you are not knowledgeable about.
Keep in mind that money is not that easy to earn so it is also not that easy to waste, if you invest it, make sure that you still have money for personal use. Emotion is also a crucial part in an investment, you need to deal and know how to control it so that it can't affect your life.
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Amazon have different countries that serves as their big consumers and some of them prohibits bitcoin. They just want to play safe and think of other factors not only bitcoin.
If they think that, that is good for them to just wait for more time and think other factors then that will help them to regulate bitcoin in their system.
There are things that we should not rush especially that we are thinking other constituent in cryptocurrency or bitcoin world.
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It depends if you are knowledgeable about bitcoin and how cryptocurrency works in the market and in the industry. You can really engage in to something that you don't know.
Getting paid in bitcoin us much better for me because I know how to use it and I have some other funds that I can utilize for personal use.
But if you really need the money immediately then choose getting paid in fiat instead, be practical.
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If you're just wasting some time and looking for a sign to invest on cryptocurrency then this is the best time to do it.
It's never too late to invest as long as you're willing and you are ready to deal with the market.
If you just want to make your money sleep in your bank account and not make it move and grow then it is really a waste of time and an opportunity.
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First things must know before trading.
- Hodling is better than Trading. - Hodling is easier than Trading. - Hodling gives you more time to be free from computers. - Hodling brings better health for you: physically and mentally.
It depends on the guts that the investor have, if he only wants to play safe and patient enough to hold then do it. But if people are knowledgeable and determine to explore and deal with the market volatility then he should study technical analysis and make his money grow. Not all people are patient enough to just hold and store their money in one place, if you are scared of risks in the market then trading is not for you and your growth will become much slower compared to those who are working hard to improve their trading investment.
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Definitely you are right. There are plenty of ways on how someone can do his or her thing to get involve. For me I found the opportunity on trading and it did a lot of help to me as I've earned some good profit with it. I dont know but there are more jobs or skill worthwhile things that can let you earn money or get a decent compensation.
Even here can do that but of course you shouldnt think of the things here as work but rather than a privilege.
I also started my cryptocurrency journey by entering the trading market and studying how it works to make it profitable. I know that most of us are are willing to make money online and in digital aspects especially that we are evolving and engaging in a digital world. Opportunities and intellectual hunger about these things will really push us and motivates us to do it because in the end, we are the one who will benefit it.
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This is great especially that you really worked hard to achieve that milestone in this forum.
Continue to inspire other users here so that they can also attain the things that they want in life and in this community that we are building.
Keep on making quality and informative posts so that we can share more knowledges, ideas, and experiences about success.
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This is somehow correct especially that we have different businesses and different investment before and during this pandemic comes.
If you think that you need to adjust and recover from all of the hardships that this pandemic brought to us, then be flexible and adapt in this kind of situation.
There are a lot of opportunities online that you must study and try, cryptocurrency is one of the hope of some people to survive and secure their future.
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Try to buy hardware wallet because this is the most advisable way to store your coins in a safe place.
The safety of your coin depends on how careful and responsible you are as a bitcoin holder and investor.
It is really not safe to become confident storing all your coins in one place and not maximizing the advantages of the existence of hardware wallets like ledge nano, trezor, and other hardware wallets.
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From the value itself and you can see it by the numbers. Bitcoin is limited and can vary its price over time so it is considered as gold by many.
Many people are treating it and making it as a store of value and a way to earn profit in the market.
Bitcoin is the start of digital investment or a digital asset like gold, before anything else like buy and sell, bitcoin is the first digital asset.
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So it's growing back to 40k, however don't be fooled to sell, because BTC is still very cheap. The potential is there, it's huge, BTC will still exist in 5 years, BTC will still exist in 10 years. Just imagine...
What I want to remind everyone is that BTC is still extremely cheap, so make sure your diamond hands are now stronger than never, the whales are still lurking in the deep waters.
You can't really force people to invest on something that they don't know and it is really a big opportunity if you know how cryptocurrency works, especially bitcoin. We should invest now before it's too late because if bitcoin becomes more popular and known around the world, the demand will surely increase. It is you choice if you will just go with the flow or avoid the waves. Remember, opportunities are not always there and it can vanish any time.
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It is hard to assume immediately especially that rumors are just rumors and you have nothing to do with it.
Amazon is a huge company and people are really make some issue with it because they know that it can greatly impact the market.
We should wait for the adoption of bitcoin itself and not push a certain company to adopt it because it can somehow bring give feedback on bitcoin instead of good.
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Or is it caused by other operations?
It could be, especially if the big investor is the owner of the exchange but unfortunately it is difficult to detect, or other possibilities people who own cryptos other than BTC realize if BTC goes down how can cryptos that have no use value can survive in the downward trend, so panic sell begin and all cryptos suffered down. I absolutely agree with you, people are just relying on the trend, FUD, and anything that they see online. When people sell, most of the people will also sell because they have trust issues and they are clearly not that knowledgeable of bitcoin when it comes to market movement. Ignorant investors are only following those big companies or popular celebrities to decide their next move in the market.
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We're not pretty sure if bull market is back because bitcoin is doing the same thing before, maybe if the increase continues.
It is hard to become so confident right now that bitcoin is having huge increase in its price.
If you're into futures trading then you can surely somehow handle some volatility and lessen the risk because you can take profit in short or long position.
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In studying trading and doing technical analysis in the market, there are a lot of indicators which can help you to strengthen your prediction.
When i'm just starting in trading, I'm keeping my eye on some indicators like specifically, RSI.
It helps me to see if a certain coin is overbought or oversold, just keep watching and reading some books or videos in trading to know more.
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This thread sums up the basics in this forum, and hopefully, newbies will take some time to read all of these.
Thank you OP for making such a good effort like this so that people who wants to begin here in this forum will have less hassle in feeding their thoughts.
Especially for those who are starting to join a signature campaign, this will help you to have a quality and informative posts in the future.
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