Earning in cryptocurrency start with this forum. The first thought that come to my mind was to make some money out of nowhere like joining bounty campaign. Yet, I have tried and it does not compensate well for there are scam ICO projects and relatively will not give bounty rewards. Thus, the painful part started when I was not able to receive rewards. Yet, I never thought that I could like more on cryptocurrency and without the forum I could not learn how to do it.
For being a member of this forum, I have sought some things or ways on how to earn on cryptocurrency. I tried investing small scale and apparently it was a failure. However, I did not discourage instead it was a motivation to find ways and establish a strategy. I know there is no easy way to earn but as long as you have a good strategy, patience, timing and other factors will relatively help one to earn in the investment.
Unfortunately bitcoin now is not that volatile compared to BCH and Ripple so I have decided to take part on this crypto also aside from bitcoins. I have tried to day trade with it but for some reason I have to join with other cryptocurrency and do day trading.
Thanks again to this forum it was privileged for being here. I have learn my lessons!
Note: This thread is self moderated!
I also start with this forum which already brings me a good income and I always join in good bounty campaign that will pay the all bounty participants. Even the bounty campaign do not the bounty rewards I still join in bounty campaign. When you start trading there will be always failure but this failure will make you good trader in the future. instead of bounty is now better to trade, the turning point of the market investment will give a big increase in the short period. |
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I think we are in the growth phase of Btc. Each year is a different stage of the market, you can track back the price in the past and the present will realize it. If we invest Btc from 2015, now may have become the rich. We need seize the opportunity to conquer the market
tryptomer now at a crossroads and either bitcoin or to develop a serious alternative to create that can ruin the investment. if bitcoin survives, it will start abruptly in 2022 after the change of the price for the block. |
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That's exactly the idea and a great idea for that matter so that bitcoin will become widespread. Unfortunately, there are some reasons why this is hard to do. Those who own companies are governed by laws and regulations and bitcoin is not so it would be very hard to incorporate it with their policy. Also, understanding the whole payment process of bitcoin is quite a challenge so many of them don't really want to get into that kind of trouble.
rather, the main problem is that States understand a small amount of bitcoins and there are many in someone's hands that they do not know. therefore, they will try to find a new coin as a common compromise for governments. |
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The government is not economically profitable independent free currency that can not be controlled. But as for crypto currency, sooner or later it will appear in every state as part of the national currency.
as soon as the first governments collecting taxes in bitcoin appear, everything will move very sharply and quickly. |
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Actually most of the people are buying bitcoin as investment rather than to use in their daily life, but maybe soon it will be used to pay different things in daily life.
when governments start accepting payment of taxes and fees in bitcoin, then employers will start using it to pay salaries and bitcoin will enter people's lives even more. |
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I think we can not called as early adopter. I think early adopter is people who use bitcoin at 2009-2014 when not much merchant accept bitcoin. Right now, many country already allowing bitcoin as payment in merchant
for bitcoin to be used even more, it is necessary for governments to accept payment of taxes and fees in bitcoin, then employers will start using it to pay salaries. |
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Same question about Why governments banned bitcoin,isn’t it the right one for the bitcoiners to learn or the cryptonians?
Because that question is answerable in many sides and the important one is that the benefits this can give to every governments and the whole country in terms of profiteering and in payments .these are the importance of cryptocurrency
the government cares about its own benefit of maintaining power. as soon as he finds a way to preserve the power and bitcoin to implement it immediately and apply it in all spheres of life of the people. |
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I first known bitcoin as a token to access deepweb as my brother told me, but as days goes by, I’ve discoverd a lot about bitcoin and how it can affect our everyday lives.
it is the penetration of bitcoin into my daily life that interests me more and more and makes me get acquainted with new technologies. for me, bitcoin is not an investment, it is my future life. |
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Governments accept cryptocurrencies because these governments who are embracing the technology know what cryptocurrency can bring to their economy. I believe, one of these countries have already expressed their gratitude on cryptos as their economy has improved than before.
just cryptocurrency and ICO do not have much changes, but new technologies improve business processes and if they are accepted by the population, the movement and implementation is fast. |
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If bitcoin is accepted by a large number of people in future the problem we may encounter is transaction speed, if the issue of scalability is not solve now it will be difficult to handle in future.
currently, work is underway to conduct small transactions in bitcoins, not as a main, but in parallel with the list. |
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I still think we are early adopters, I have a friend who were doing all his life as a freelancer working on upwork since 2009, but never tried to user btc or any 0ther crpto for investment. I tried to ask why he replied because he knows nothing about it and hard to understand he added. And I thought to myseelf these kind of guys are the ones that doesn't adapt to environment.
in order for freelancers to be able to use bitcoin to pay, employers need to be able and willing to pay legally with bitcoin. |
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This is really a big problem and it takes time to change. If all payment methods are bitcoin, I think in places where the internet is inaccessible, we need to have traditional money. So, in order to be ready for this innovation, the government must facilitate and develop the country so that bitcoin payment methods are used everywhere. And this takes a lot of time to change it.
without the Internet and connection to private technological networks, it is impossible to conduct any transactions on any plastic cards in Fiat, so that cryptocurrencies too will not be able to live without the Internet. |
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If it is not expanded and the market is limited I think bitcoin will not be able to go further in the future. bitcoin will not grow, it is limited and gradually it becomes neglected and lost attention. Bitcoin needs to expand the market and attract the attention of more investors to grow and create future price fluctuations.
bitcoin is still developing strongly, there are many new solutions to speed up payments for small transactions and other innovations in bitcoin. |
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Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.
If video call for Kyc verification is possible, what is the best and secure app to you use for video call
This is much more effective than submitting photos of the documents and government ID's in which the ICOs really don't know if the submitted documents are all genuine or not because they only see the pictures of it in which everything can be edited now using photoshop.If the government will required this kind of KYC then the ICOs shall comply. all checks are reduced to the creation of a database of participants, which does not lead to anything, as the storage of data for the inspectors. |
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It is better to have a few coins at two exchanges. If I would buy now I bought 5-6 different coins and all. It is not necessary much.
diversification of investment is the best way to preserve capital. here the number of 5-6 coins can be increased to 10-15. |
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For me, I do trading, airdrops and bounty. I don't earn that much in trading especially some altcoins are down. In airdrops, it depends how the token and ifnits really working ICO. I also experienced and invested in a scam ICO. Too bad for me but it was anlesson learned. Amd also in bounty, some are active for a few months but later part, will stop and postponed their ICO. Cryptocurrency must need to be studied and do research first before investing.
currently, many projects which attracted even a hard cap disappear from the market, too much as the team after the training camp. |
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Many of us are dream to profit a lot in crypto currencies and two of them are the bitcoins and ethereum the most pickable and profitable token in cryptocurrencies. There a lot also out there but choose wisely or else you will losing your money.
Ethereum greatly subsided, maybe now it looks better than bitcoin to invest in cryptocurrencies today |
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the simplest way is to see the soft cap. if crypto does not reach a soft cap, we can be sure that it is a scam because no investor wants to invest.
alas, even projects that have become a tough cap do not guarantee the disappearance of the team with the project. there are many different withdrawal schemes except for direct fraud. many do not want to share with investors, especially with disenfranchised investors. |
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Recently I have observed that for every pump or increase in price of bitcoin, there is no corresponding increase in the price of altcoins
Even though this causes a lot of people to worry, it is best as it prepares altcoins for self dependence and it also limits manipulation of altcoins
Soon enough both bitcoin and altcoins will be non dependent on one another totally
If there was a direct dependence then there would be no problems and we could easily guess the behavior of this or that coin. Then it would be too easy to make money in this market and we would all have become millionaires long ago with the arrival on the market of the crypts of the great whales, they introduce new alternatives market and will try to throw their coins to Fiat, bitcoin is main coin of exchange altcoins. |
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I only invest in the crypto currencies and not in the stock market. Crypto currencies space is young and dynamic. Here you are able to gain much higher profits with less capital than on the stock market. But I think everybody decides for himself.
unfortunately, the market is not only young, but also defenseless. all sesta in kiptonart not stakhouse, bijimi and it is not specified from them the law. all capital can disappear in one minute with the exchange. |
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