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The hodl strategy works for long term investments like ADA and LISK but not for day trading coins like dogecoin which has poor long term goals and moves a bit each week
HODL is the best passive investment strategy ever, because there is no crypto currency movement as long as the price has not reached the desired level. There are no rules that require a long or short term, because the main benchmark is that prices have entered the target. That is it |
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As I know to this day, Bitcoin is still the king of cryptocurrency that is unmatched. I only observed from the side of the price that still stood at around $ 6500. But it is difficult to go under $ 6000. I have never thought there would be a substitute for bitcoin for the next. If there is a successor or successor, then I think that opportunity is at ETH. Although not for the near future. The road is still long and must think positively for bitcoin.
There may be a little difference of opinion, because today the price of bitcoin has dropped to 4573 USD (November 22, 2018) so that many bitcoin holders worry that prices will drop again. Bitcoin owners must be optimistic that prices will rise again, maybe not too high. But there is an upward price movement. |
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These currencies will be contrary to the idea of creating Bitcoin. But I think they won't affect bitcoin itself.
Bitcoin was created as a digital currency with the aim of not depending on the government, meaning that the government cannot intervene and control bitcoin. However, in its development, many countries prohibit bitcoin because it cannot be controlled. So, for the future so that bitcoin can be accepted by all countries, there must be modifications so that the government can get taxes and can protect its citizens from fraud. |
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The technology itself is constantly improving, it can not but rejoice. But the most important thing that is necessary for the successful development of bitcoin is its introduction into our daily lives, as it is very, very slow.
Blockchain is a technology used by bitcoin in its operations, which is recognized by many parties, both personal, corporate and state. The Blockchain revolutionizes the way that centralization has become decentralized, so that weaknesses that have occurred so far can be eliminated or minimized. Because high efficiency can reduce spending which will have an impact on competitive product prices. |
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It is well insinuated already that the cryptocurrency market has hits down moments already for the year 2018 and we are merry go rounding the resistance level. I can say that we are currently in the midst of the cryptocurrency financial crisis. We only await the ETF release into the markets to lift it up from the dip.
The financial crisis hit the world today where trade is sluggish, even the trade war carried out by China and the USA has added to the heat of trade competition which has made prices damaged. Cryptocurrency also experienced a significant impact. This can be seen from crypto prices, especially bitcoin which is now even in the price range of 4933.4 USD (in my place) |
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I think this type of trading will be feasible trading on any exchange that does not charge trading fees, but no known exchange is offering such. I have seen some yet to launch exchanges that have promised free trading but until the go into full blown trading that we can see them to be true. Digit exchange is one of such
The most beautiful trading if you buy fast then sell fast and profit. This is the basic principle of traders, not investors. Bitcoin users want profits that are commensurate with invested capital, but the risk of a trader is greater because the rapid price movement of bitcoin makes it necessary to wait patiently for the price to be in the desired position. Even losses can occur, because prices continue to fall. |
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The Chinese have already expressed their views when ot comes to crypto currency and opted to ban it in their country resulting in one of the biggest dumps I've seen so far. That being said,i think the US will be ahead on this race because they're more open to crypto currency and actually used it to exchange goods and services.
Actually there is no blockchain fight between them, so no one wins or loses. What happened was a trade war where Chinese products that entered the United States were raised in taxes so that they were not competitive, and China responded with a similar policy. Finally the impact to small countries that are not fundamentally strong. Blockchain technology developed by the two countries to improve efficiency on all fronts, so that products are more competitive and production costs are cheaper. |
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In connection with the latest events, we have seen that all cryptocurrency (except for stablecoin), has no stability! Thus, we can conclude: who has weak nerves is better to keep money in the Bank!
Bitcoin is for people who have strong nerves and are brave enough to take risks. Because prices are unstable and fluctuate quickly, making cowards do not become traders but investors, even HODL for long periods of time to the price as desired. |
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The blockchain is developing new technologies and helping to find new opportunities in any area accessible to humanity and to seek new discoveries, so many countries understand this and legalize cryptocurrency with blockchain technologies and many others cryptocurrency technologies, so that they can improve their economies.
Many countries refuse to accept bitcoin as a means of payment, but agree to use blockchain for use in their countries. Blockchain as a bitcoin technology turns out to be applicable in many fields of life such as banks, agriculture, transportation, trade and even the military industry. The Blockchain makes the working method very efficient so that it increases economically, because there are savings in all sectors. |
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I think the future of cryptocurrency is going to replace cash. Because now some countries are planning to cancel the cash and only use the cryptocurrency.
Your opinion is partly correct, because cryptocurrency will become digital money in the future. But for cash transactions, still use paper money. So as a means of payment in the future, cryptocurrency will coexist with paper money. So that people are free to choose which one is preferred. |
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Its got value,so many people into bitcoin ,thats why the transactions is increasing/.
The cost of bitcoin transactions increases because the value of bitcoin itself increases, so the nominal that must be paid also increases with the high price of bitcoin. However, the percentage does not change only each bitcoin exchange applies a fee that is not the same. |
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To stop negative publicity of bitcoin can be reached through building up education foundations of bitcoin itself in the society. There are no other ways but this. Education can change anything as long as it is done consistently. People now are mostly recognizing bitcoin as investment only but they don't comprehend in depth about it. Therefore it often has miss and negative publicity mindset of bitcoin.
I agree with your opinion, especially through education because so far bitcoin is considered something that does not make sense by some people. Education may focus more on bitcoin as a problem solver that occurs in countries with weak currencies. Bitcoin must be positioned as a digital currency that greatly helps the economy of a country. |
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I find this idea very original. I think that Satoshi is a very clever person who can change the world for the better. To my mind, you need to consider this idea and follow it to succeed in achieving your goals
Satoshi Nakamoto created bitcoin as a payment instrument that was decentralized and the system worked in a peer to peer manner. The technology used is blockchain, revolutionizing the workings of transactions that have been carried out for years. Even blockchain is called the biggest discovery after the internet. |
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Every investment is different and every investment has its own advantages and disadvantages. You can't just say some investment is better than other because of one or two different things because you have to compare every aspect and take in consideration all possibilities.
Bitcoin investment in my opinion is slightly different from other investments, namely the price is unstable so using network marketing will be difficult to implement because investors need certainty of income. Meanwhile, who will guarantee that bitcoin investment will profit? |
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The actual banking institutions along with other establishments noticed the actual success associated with blockchain. These people desired to adjust this in order that it can make their own dealings quicker as well as less expensive. In addition to that, it really is really simple to use. Blockchain includes a excellent possible later on.
The bank is aware that blockchain technology can improve bank services to customers, because it is very efficient and makes transactions easy in banking. The development of the blockchain for banking services ultimately creates competition between banks because who are inefficient will be customers ignored. |
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it is correct i think. bitcoin is an alternative currency. and blockchain based cryptocurrencies are a solid alternatives for nowadays financial systems. decentralized solutions for traditional banking system is going to rule the world in the future.
Bitcoin might be an alternative for countries that have an unstable economy, but I don't think it can be for the long term. Because permanently have to paper money. Because the use of bitcoin with blockchain technology does make everything more efficient, so it can reduce unnecessary expenditure and avoid corrupt officials from doing the action. |
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Blockchain technology will take place of traditional bank system. Since this technology brings many advantages people start to use crypto.
So far the bank has a monopoly on financial transactions because there are no other choices. Now with the presence of cryptocurrency, payment of financial transactions does not need to use banking services anymore but can be directly peer to peer to the recipient's wallet in a short time and at a lower cost. So people have a choice whether to use a bank or cryptocurrency. |
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My friend never trust about how can I get much profit with cryptocurrency, but I will give them more proof about how can I get much money with cryptocurrency, I will give them step by step the way how can get profit with cryptocurrency investment.
Because in my country cryptocurrency is prohibited, many friends who have negative thoughts, don't even like it. But I patiently explain about cryptocurrency, especially bitcoin. They slowly understand and I show that bitcoin has made many people prosper. |
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Bitcoin will always be the choice of investors, old and new. Prospective investors not wanting to get too technical prefers bitcoin. All the others will be just that, alternatives.
Why is Bitcoin always the first choice? Because it has been proven that bitcoin makes many people more prosperous. Bitcoin users since the first year and the price is only as cheap as one candy fruit, now it can show everyone that bitcoin is worthy of being an investment. Although altcoin appears, it will not be able to replace Bitcoin as the crypto money market leader. |
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The main reason why many BTC users choose BTC is because BTC can remain anonymous!
The anonymity of cryptocurrencies can protect our privacy from infringement and effectively protect our property!
Anonymous btcoin is like a double-edged sword, on the one hand it can hide one's wealth so that its privacy is maintained, on the other hand it can be the entrance for criminals to carry out their operations. Therefore many countries reject bitcoin. For the future, Bitcoin must make changes that can be agreed upon by all parties. |
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