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Well to make it quick the answer is YOU DON'T. You cannot profit from something when it is falling down, but it is when it is recovering is the time you will profit. That is why a lot of people short (sell) their holdings when they know it is time to jump and stay in fiat currency, they will then buy their shares/holdings back when it has settled in or is recovering, with this method they have increased their holdings as they bought their cryptocurrencies at a cheaper price resulting into a profit when they sell at a higher price.
"Shark" is a term used to refer to traders with huge assets in the cryptocurrency market. Because of strong potential, sharks can increase the price of a coin a dozen times, but can also cause price to fall dramatically, costing a dozen times. So we can take advantage of opportunity to make money under "Shark". Well, even though they are in the same categories, they are actually referred to as whales literally and not as sharks. Taking advantage of the market requires great deal of knowledge and experience and it is not something that can be achieved in a very short term for those who want to really do it well. Whales are like the market controllers since they are holding a lot of the market, and in that case, you simply want to be knowledgeable enough to know which direction they want to gear towards or not. |
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It is not the first news about the salary payment by the employer of part of the salary by crypto-currencies. But it seems to me that this is a wrong way out of the situation, this is an imposition against the will. And it is a very stupid method of attracting new investors.
I am not sure that would be imposing against anyone's will. It is their terms, and obviously as long as what they want to do is not against any rule, I do not see any case someone would have against them as the case may be. I see it as a great one though considering we really want to see the space being utilized effectively and we sure do not know the reason why the company will prefer to go this way, but since some of the concerns are covered regarding using crypto exchanges as well as the volatility, I really do not see this as a problem. |
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I am very confident that bitcoin will come in the next few years and in the future bitcoin is very useful and even bitcoin can be one of the best solutions for the world economy in the future.
We are actually in the line of seeing things develop faster than we would have expected and most of the developments and attempted activities that occurred this year apparently shows that this space is looking for a huge level of development than where it is and would definitely bring about some good growth in the space eventually. Good for laggards who will be coming in later on when we reach far more than the growth phase. |
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This is definetly exactly what crypto doesn't need. Centralized coins are fine you can check ripple and if you want to invest thats fine however central "bank" is definetly exactly why bitcoin was invented and against those federal banks that rule the country and even global world. I think we should focus on making money more decentralized even the fiat should get more and more decentralized and not get it ruled by private banks.
Dollar, euro, all kinds of currencies definetly should try give it a go about giving people a voting rights on the market movements, I know it would make no sense since rich people will buy news media and people will vote for them anyway but at least it would require some more work for them.
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The price of Bitcoin is fluctuating in market it is depends on demand of market. But every month some hype is comes in the market it is prove the potential of Bitcoin so don't expect it is move to continuous falling. Once it will down all the altcoins are follow the Bitcoin way so it is never failed in the market. Some peoples are says positive hype is nearly waiting so it will reach a good marketcap in soon.
Yes that is right to say, but I think that we are not expecting any further decrease in bitcoin price. In fact now its look like that the ull run as started and hope that very soon the price is expected to reach to the moon. We just need to wait for some more time and hope we will get a very good reward. |
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It is very important for storing the altcoin because most of the scammers are finding ways to steal the money. So we people always need to activate some security measures in order to be safe from these hackers.
If you have entered the crypto world then it must be your first priority to give good security to your wallet, in fact too many hackers are there in the market who’s job is only to hack people’s wallet. Therefore I think that it is too much important give best security to your wallets. |
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Yes, encryption will get rich overnight, and it will bring you a better life, provided that you are willing to invest and believe in cryptocurrency. But its risk is also relatively large, it may also let you lose everything. All of this requires you to make your own decisions.
Yes that is right that crypto can make you rich overnight. Some time a coin increases more than 5000% in a single day and if you are holding some good amount of shares of such coin no doubt that you can get a very good profit from there, which can even change your life I a single day. |
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Well at the moment it's loud statements. I want to remind you that for all its popularity. Crypto-currency is not yet ready to accept the whole world. But this all moves. It can only be real in the future. We will see.
Yes in fact currently its not look like so easy. I think that banking system is not going to crash so easily, I think that banks will continue to survive for a long long time, because still a very little number of people have knowledge about crypto currencies. |
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yes you are right bitcoin is currently falling and tends to go down so it is more likely to hold a holding until the price at the exchange place restores the price.
You can always take advantage of the market while the prices are falling because in this way you can invest more coin at its cheapest price which will make you earn more profit when the prices goes back to normal. That is correct but many people depend for the price to go up in order to get profits and that is the case because they are not holding a lot of fiat, many of the investors put all their fiat already in cryptocurrencies so the price cannot go up unless new money begins to enter this market which is one of the reasons the market is taking so much time to recover. I agree with you there must be new investors, who come in so prices will increase again because some investors have almost used their money to buy alt coins at high prices. People converted their money into altcoin temporary , because when they realize that bitcoin price is now going to start increasing they again reinvest their money into bitcoin. They know that bitcoin has too much potential as compare to other crypto currencies. |
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Bitcoin is a trusted coin in the market, and I think bitcoin will remain a trusted coin in the long run. Lots of potential altcoins, but for the confidence of the bitcoin market is the main one.
Yes that is right and the current dump is only because of the panic selling of the newbie trader, who have stated selling their bitcoin in panic condition. I think and hope that the mature investors and traders will give good support to the market. |
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not really, it depends on what price you buy. and at what price do you sell the bitcoin you have.
I think at this time all investors have been smart in this regard.
Yes that is right that those people who bought bitcoin a year before they still not going to book lost even if they will sell their bitcoin in current price, but still I think that they will miss a good opportunity of making money even holding it for a year. I think that we should to try to hold bitcoin for some more time because bitcoin price will hopefully increase too much in next few months. |
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Shortly 6000 dollars is the new bottom. We have a rise and nice 8100 dollars, will price hold this position and rise note after, will we see a drop is impossible to say. As smart trader I sold some bitcoins and wait for price to drop to buy again, after ETF decision I think we will see little drop again. I don't worry, as smart trader I have some bitcoins on a side if price continue to rise. That's trading for newbies, you never sell everything, you hunt top by selling some when price is in green, if continue to rise you sell again some part, and like that until you sell on top and then when price drop you buy again.
I think that if you can manage then you should not sell your bitcoin, but to wait for the price to increase, because it is not sure that either the price will drop in future or not, to me I think that bitcoin price is not going to drop anymore, because the price remained lower for a long long time therefore I do not expect any further in bitcoin price. |
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I do not think they will ban advertising ICO projects. That is a wrong move for Google. Because Cryptocurrency does not affect their companies, they even bring profits to them. Now that the Crypto market is a very hot market, Google should take advantage of this to advertise them and make a lot of profits. I think this news will not happen. I know not all are scammed but google can't take chances they can't promote illegal ads where people money can be lost.Maybe it can effect on market day by day companies are start banning bitcoin some countries are also contributing and banning the crypto currencies i think bitcoin has dark future. |
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I concur, the more individuals more frenzy you will do, the more coin will going to offer and the more dump it will be. At the point when there is a drop or fall, a few of us are making some subject saying why it is falling, and some are stating a result of something, and as a result of that theories the more individuals will going to freeze uniquely the individuals who have feeble hands, they will do freeze offering and that is the time that the slight fall will going to wind up a major fall.
Its hard for them to hold coins for long .This should be stopped more we sell our coins in panic more we dump the price of bitcoins .Maybe that's why bitcoin's marketing are dumping now days. |
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The forum is full of topics - “When Will Bitcoin Be Back To $...”, “Why BTC is under $...?”, “Final bottom at $...”, “Why BTC is down again?”, “Bitcoin will rise again ?” etc. The last two topics may appear in various forms a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:
2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+
Do you see something frightening in it?
We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?
In December 2017, the most people said - "Why I didn't buy BTC for $500… for $1000… f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!
So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.
Guys, are you serious? Crypto world is made by us. Governments and big whales haven’t any tricks to rule our world. It will happen only if we do nothing.
What do you think about it?
That's why those topics are always in first and appear dozen of time. We should not complain against these topics it should always convince better to stick them on the top of the forums. |
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as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
Aside from those illegal acts by lawless elements, the governments also want their own currency to only dominate the market so that they can fully control everything from us most especially all our centralized assets. Good thing about centralized assets is that they are pretty stable though lacks in privacy and security unlike Bitcoin wherein we can evade tax on every online transaction me made. Criminals are involved with bitcoin too they're using it rapidly and more faster than any other bitcoins users which makes them highly anonymous. |
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I believe that emergency funds should always be ready to be use and not in a time deposit account. It is also not to be used as an investment fund since it is for emergency not for investment. You don't want to sell all your investment once there is an emergency, that is not just right. So the wise thing to do is to segregate your money into tithes, investments, emergency funds, utilities, groceries, loans etc.
Savings are savings and it must be safe at all times. Wise thing to do with it is put the half of your savings in an investment which you can make sure it will grow even just a centavo.Without savings, unexpected events can become large financial burdens. Therefore, savings helps an individual or family become financially secure. Money can also be saved to purchase expensive items that are too costly to buy with monthly income. The wise thing with your money is invest your money more but not all of your money. Just use half of your money with trade or investing with bitcoin hold them for long . |
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Crypto and especially Bitcoin have a bright future, with the development of bitcoin and the growing number of people who know crypto then this can indicate that bitcoin will have a good future. To support it then the thing we have to do is the more instens in using Bitcoin.
I believes that the famous virtual currency Bitcoin is going to reach $40,000 in the next few years. Crypto experts that have positive thoughts about cryptocurrencies and their value,expect a brilliant future of virtual currency. I just hope and wishing bright future for the bitcoins .All the peoples are connected with new technology and it will improve more in future. We all are aware its price is increasing since 2009 and it will continued its journey like this |
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stupidity is so close to poverty, do you agree with such a phrase? if it yes, means the poor are the fools. I want to know your opinion.  It is really too direct yet the truth. Even those who are already rich or wealthy can lose that glory in an instant with just one wrong decision. For example, those who have won millions in LOTTO, then went unheard of. But those people that won the lottery did not earn that money they were just fortunate enough to win it and they lose their money because they do not know the amount of effort needed to at first earn that money and the effort needed to keep that money, this is why most of the people that win the lottery end up declaring bankruptcy in the next years since they only spend money but they never generate it. I am also agree the poor people are also studied they don't like to use their hands for hard working which makes them lazy. But not every poor people are stupid |
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it is very difficult for bitcoin to become a global currency. because there are still many people who do not know bitcoin and there are still many countries that prohibit the existence of bitcoin. because they fear that the development of bitcoin can not be overcome. but you do not have to worry though some countries do not allow it but in some countries, many have received and legalized bitcoin. and I'm sure bitcoin will go on and on all over the world.
Yes it is difficult but not impossible, i think it will take a lot of time, but still it is possible and it is going to happen, because bitcoin is slowly but regularly increasing its popularity, i am hopeful that a time will come when bitcoin will be too much popular and about all the people of the world will be using bitcoin. It will take some time but things are going to accelerate when the economies of the world begin to show problems, right now the economy is still more or less working but we are seeing the first signs this is going to change, the trade wars between the US and the rest of the world have began and history shows things do not end well when we have a trade war. Bitcoin will a global currency because the future is that of cryptocurrency and people will accept it as their regular and legal currency. All other currencies will disappear from the market and only bitcoin will be used by the whole world. The coming era is that of blockchain technology and cryptocurrency is backed by this technology. Just wait a little more. |
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