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Crypto mining is a long term thing. after the first year, if your equipment isn't broken, the price of each coin is equivalent to the electricity you used to mine it. Please be guided accordingly.
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Yeah! that is true, bitcoin is good investing right now, but there should alternative investment you have. don't put it all in one basket.
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Bitcoin’s remarkable price increase was the story of 2017, and now it seems to be the only thing on everyone’s mind.
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Bitcoin works as like the demand and supply. If the demand is high then relatively bitcoin supply will last and its price also is expensive. This is the indicators of purchasing bitcoin. Buying bitcoin if there are many supply will be ideal for it we could recognize the price surely cheaper. So essentially if we are here making an investment therefore we should buy when the price of bitcoin is low. However the main reason why there higher droppings of market bitcoin price is that there are rich peoole investing in it. And once they sell their coins relatively it will create.an impact to the demand and supply of bitcoin.
Thank you for this information. This is true economic principles.
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Figure out if you want to go long or short. Are you going short with every penny you have to invest, or are you going to go long with some and short with some? Long-term investors will pay a lower tax rate if they can hold for over 12 months, but as a trade-off, they WILL have to sit through corrections (likely seeing their balance go down 50% plus on paper as often as they see it go up). Short-term investors can avoid corrections if they are nimble, but they’ll owe taxes on the profits from each trade they do along the way (see: how taxes work with cryptocurrency to understand how the long term and short term capital gains tax work with cryptocurrency).
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It’s been a big year for bitcoin, and it could go bigger soon.
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Bitcoin - and other decentralised cryptocurrencies - allow people to trade directly with each other, cutting out the need for a middleman which, in traditional commerce, is a bank. Banks generally charge fees for doing anything with money, even just holding on to it. That's because the banks have created a level of trust that transactions pass smoothly and everything is recorded and accounted for correctly.
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One of Bitcoin’s biggest advantages is the fact that transactions are anonymous or semi-anonymous (pseudonymous). When you send money or make an online purchase, you don’t have to enter any personal details in the same way you would if you used a debit or credit card. Instead, all you really need to make a Bitcoin payment is a Bitcoin wallet, the recipient’s Bitcoin address and the amount you need to send. I hope it helps.
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i like the blockchain wallet and coinbase buy am using coin.ph as wallet for my county i can paid my internet bills and load for they have many others in blockchain for trading and coinbase for withdrawal and referral ther are many wallet but you have to research to know the advantage and disadvantage i many wallet are fake so be care full to choice .
This is nice. thank you for the information. as a newbie in the world of crypto, i need to read a lot to make me more knowledgable on entering the world of crypto. Now, i know what wallet should i use.
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Well, bitcoin helps a lot of people. In this 21st century it has big impact in the society.
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Bitcoin is digital money, it's value is always changing. Sometimes it's price goes down a lots. Investors are worried about that. But that's normal. It is dangerous that some people are bewildered and sell their bitcoins and not invest in bitcoins anymore. So, bitcoin will grow slowly.
Bitcoin is the future money of the world.
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Bitcoin is first digital coin and many coins based on Bitcoin platform,Bitcoin still leader in cryptocurrency and will survive.It is possible may be another coin take place of Bitcoin but not possible in near future.Bitcoin became attraction of investors and going popular day by day and it future is bright.
. Bitcoin has been around since late 2008 but it only started making the news in early 2013. It is a crypto currency and a payment system; its main advantage being that transactions are anonymous and peer-to-peer
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