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This kind of questions are so funny... I really don't know if laugh of cry... :-)
If there was a way to predict coin price, we were all billionaires!
Out of some standard method of analysis - very inaccurate - there is no way to make a prediction.
And in crypto there are so many manipulative moves that in any moment can be a crash or an explosion.
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I think that "start a business" is a so vague statement that no concrete advice is possible, out of very generic tips.
Please write what kind of business, what experience do you have, how much money you can invest, what kind of team you can count on, and so on.
Then we can start to talk about "things to consider"
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If you don't start, you will be a newbie forever! Please note that - even a preliminary study is necessary - trading is something as swimming or riding a bicycle: indifferent how many books your read or videos you watch, the real experience is a complete different thing!
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Well, if you buy just some Satoshi, you are officially a trader! :-)
Of course, if you want to be a GOOD trader and make o life from it, it's a completely different discussion.
There is a lot to know, and here on the forum there are very interesting discussions.
Try to understand what advanced traders are talking about, than take a little sum that you can risk, and...jump in!
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"Small" it's not a fixed quantity; 1.000 dollar can be an enormous sum if you are poor, and nothing if you are a millionaire.
So start with a sum you are comfortable with, and learn the system; then, grow step by step.
The golde rule is "don't trade with money that you need to survive!"
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The full replacement of dollar with bitcoin would require so many change in the society that there is no way it will happen in a reasonable future.
But this doesn't mean it's impossible, so... we'll see.
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Out of bombastic declaration, these are not real bans: of course they try to scare the population, and they can make difficult (and may be illegal) to exchange bitcoin with real money. But to its very nature, bitcoin can't be controlled, and any try in this sense will be easily bypassed. List of Countries that have Banned Bitcoin
Thailand– The Thai treasure banned bitcoin outright.
Chinap– The Chinese treasure enacted policies on bitcoin that pretty much restricted the use of the virtual currency.
Taiwan – The country’s Financial Supervisory Commission (FSC) blocked efforts to install first-bitcoin-atm-installed-bostons-south-station Bitcoin ATMs in the country and restricted its use as an alternate currency.
India – The Indian’s central bank published a lengthly document against the use of bitcoin. If the country is not accepted by the central banking system, it’s pretty much useless.
Germany – The German government and central bank formally accepted bitcoin as a private virtual currency but not as a public currency.
Bolivia – The developing country claims bitcoin was created by the United States government to wage financial warfare on other countries!
Russia – The Russian Prosecutor General’s Office says “Systems for anonymous payments and cyber currencies that have gained considerable circulation — including the most well-known, Bitcoin — are money substitutes and cannot be used by individuals or legal entities.”
We all know that we're lucky if our own country recognises bitcoin instead of getting banned.
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The most annoying thing about the merit system is not the system itself (even if - as it is conceived - in my opinion it is destined to die in a few weeks) but the arrogance of the Legendaries that - after having done hundreds of insignificant posts for the sole purpose of level up - now that they are protected, come to tell you "Make good posts and you will see that you will grow too"
And then they also ask you why you're ever interested in going up!!!
To me it would be enough that we could give a demerit for the past posts - and in this way the Legendaries could be send donw - and we would begin to understand each other.
This is not envy, it would create just a little balance
Anyway, I tell you what will happen: the various stars of the group - with a thousand points to spend - will create a group of disciples to grow, totally under their control. Tribal way.
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Money is just a tool to facilitate trades, and it must be adapted to present reality.
BItcoin is the last step in the money evolution, and it's normal that it find resistance.
But I just wonder: how much resistance did find paper money when it was introduced, in middle age?
Think about: to exchange gold with paper? Absurd!
But it worked! :-)
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It's an endless discussion. If you want to invest, gold is a bad choice, as its value is always relatively stable and you don't have the possibility to make big gains.
But if you are looking for safety, of course gold is the best choice.
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Forex is relatively stable, so usually you don't have any opportunity to make a profit.
In crypto, with a so high volatility, if you are a good trader you have plenty of occasions to make a big gain.
If you are a good trader, of course.
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Time management is a bad concept: time is fix, you can't manage it. But you can manage the way YOU use this time.
So, the real problem is to manage ourselves and decide what to do and what to focus on.
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Well, in life, any time you try to predict the future you make an educate guessing, even if you use mathematical laws.
Nothing in universe is 100% sure. There are only different probabilities.
In trading, you can proceed as a gambler (and you will have the same results as a gambler), or with analysis and strategy: in this case, even it's not guaranteed, the probability to make a good profit is much more high.
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WE need to understand that bitcoin is a revolutionary idea, with the power to bypass the control from any central bank and government: if you control directly your money, what the can do? So, as they don't want to lose their power, we have to expect a real war against bitcoin.
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Of course you can, but only if you are very good. And if you are very good, to trade crypto - with a so high volatility - it's much more profitable than forex, where sometimes you stay DAYS in front on the monitor and nothing interesting happens.
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It's too late for a lot of things. Actually it's too late for everything you could have done yesterday but you didn't.
But be careful: today will become "yesterday" very fast.
What you are not doing now, that tomorrow will make you to say "it's too late?"
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To eliminate the banks would mean the there is no more cash, no more fiat money, no more governments...
It's possible, of course, but it's very improbable.
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Out of basic principle and techniques - that you can find anywhere for free - you need only a lot of practic with a good trader.
Please note that the biggest parts os success in trading is not technic but psichology
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It seems that bloodbath is already at its end, even if you can see a lot of weak hands bodies on the battlefield.
It was just a result of a deliberate manipulation, made by big players, just to push out of the market small investors and to buy at low price.
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It seems that there are different opinions; I would like to know if those who consider insecure myetherwallet have proofs of what they say (I mean, you know for sure that someone had the account hacked) or it's just an opinion
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