In the year 2010,my best friend introduce me to cryptocurrency and he advice me to invest in bitcoin. I felt bitcoin was another ponzi scheme created by scammers to scam innocent people. Today my friend is a multi Millionaire. If only I had listened to his advice,I would have become a millionaire by now.
for the first time people introduce other people into Bitcoin they thought that bitcoin is a ponzi scheme but not knowing that bitcoin is not a Ponzi scheme so many people who has invested in Bitcoin right now and also the time Bitcoin was introduced in 2009 those ones is a beneficiary in Bitcoin today so it is better for window to allow anybody to convince us for investing in Bitcoin it will be proper for you to make research on it without being double-minded
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One half what it uses to write in the forum so on neither use computer to make your post or you use Android phone to make your post was not most of us that uses a computer cannot type with a Android phone that is the difference between people that use computer to make a post and the people that use Android phone to make a post, like me I find it very difficult to make use of Android they and its boring to me and I don't enjoy it for me I prefer using a laptop computer to make my post and it is faster for me
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It is the way you understand Bitcoin that is how you will invest on it because so many persons has invested in Bitcoin and the go into handed because they have not comprehend the systematic way of investing in Bitcoin but today many people are investing in Bitcoin due to they have understand they advantages and the disadvantages of Bitcoin, and they can testify as a beneficiary of Bitcoin today based on they have understood the system of Bitcoin.. I will advise anyone who is going to invest in Bitcoin to make a proper research of Bitcoin before the person invest on it because some people does not see bitcoin as assets bitcoin as liability or waste of time
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When you have not review your secret code of wallet I don't think that any person can have access to your wallet address, from my perspective it is very important that we have to document our seed phrase so that no person can have access to it because when someone have access that you might lock whatever thing you have in that particular wallet even though it is a hardware wallet, so for you to protect ei ethereum or Bitcoin in your wallet you have to be highly secretive in protecting your seed phrase.
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Bitcoin is aid decentralized currency in which everybody know very well and before it will become a legal tender I think many people from different countries have to adopt bitcoin massively before can become a legal tender, there's something I know quite well in relative with Bitcoin before government to will approve a bitcoin as a legal tender, the top countries who is control of the nation have to accept Bitcoin as a legal tender, such as USA and Russia even China before other countries can make a bitcoin a legal tender
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It is quite understanding that without the existence of Bitcoin what coins cannot exist and from my own angle of understanding and my perspective I called altcoins a sub bitcoins because without the existence of bitcoin this coins can not exist and that is why the price of bitcoin regulate the price of altcoins, so altcoins make a positive through bitcoin so I know that bitcoin is something that has to do price increment and decrement and that controls altcoins which some people does not know.
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P2P transaction government cannot monitor it because it is something that deal with the individual and for government to track it and they restrict it I think it will be very difficult for them it is only the backing system I know quite well that government can restrict their transaction through bank transfer which means that it is the bank that will be crediting for any transaction that is being done, in my country there is a restriction of bank transaction that has to do with the cryptocurrency, but in p2p it cannot be restricted from my perspective.
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Sometimes when there is a fight between a two countries that is well known it can affect the existence of Bitcoin increment in the market, because if it is a country that adopt a cryptocurrency especially Bitcoin and sub Bitcoin it can really affect their price in the market so this two countries that is into fight currently I can say that these two countries does not really Embrace the systems of Bitcoin and their problem cannot affect the price of Bitcoin except theirs something else that will be attached to it.
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How to invest i mean how to diverse 1000
On altcoins how much to buy of each coin?!
In safe way and profitable
It is obvious that for investment in altcoins you don't need to invest all your capital and one particular out coin because their is every possibility that particular coin mighty die of during the time of the bearish season, so I believe that we have to have a different portfolio and outgoing investment at least if you have $1,000 for investment in altcoin you to split them at least two hundred dollars per portfolio and mostly the altcoins you know quite well the altcoins that have good reputation.
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I would say Cardano is unlikely to replace Ethereum. the reason is because in several important aspects such as network usage, DEX, and popularity Cardano is far below Ethereum. Currently, the altcoin that is closest to Ethereum in the 3 important ways that I mentioned earlier is only BNB, and it's not certain that BNB can beat Ethereum.
When we are making an emphasis wish you to try to make a research before a comparison between the both projects or both coins that we are emphasising on are lamenting on, cardano and ethereum cannot be compared intense of network and it also intense of technology it is very obvious and the understanding that after Bitcoin this potentiality and the reputation it is an ethereum that call second in cryptocurrency network, when you talk of the potentiality of the boat coins we know quite well that it is ethereum that many people will recommend as a coin that I have, instead of cardano, so ethereum is the master of altcoins
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Many said, its gone! But bounce back of solana make surprise everyone. And this time it becomes so developed than before. And it has everything now even it seems, people showing their interest about solana'r projects. That's why projects under solana chain, become so hit and most of the project get successful. Recently Memecoin WIF, BONk, BOME launched through Solana Ecosystem and now leading in crypto industry, even they made lots of people millionaires. Is it coincidence or solana ecosystem is going to lead After ether and bnb?
do you know the reason why a coin get a potential or get influence in the market it is because of the gravity of investors that come into the project to invest so many people think that maybe if a particular token is having an influence in the market that means that it has taken the opportunity of other coins but the thing is that a coin have its own time to reign or to be no to the society, So whatever thing you are doing you have to understand that advertisement of any Project makes the project topic known and also make it to have influence
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For me I know that we have different scam platforms sub project a coin that is not relevant so for some people to skip or escape from each you have to make a proper research to understand the kind of coin that you want to invest on because I know quite well that's what leads some people into a scam project is when the fail make a proper investigation towards that particular project. You have different scammers and those scammers have different agent that operate with them so whatever thing that you are doing you will need to be extremely careful and also making injury for your project that I want to venture into
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Once, Litecoin was a very famous coin and it was called "Digital Silver". But nowadays, very few people talk about Litecoin anymore.
Is Litecoin dead in your opinion?
For me litecoin is not dead, the thing is people doesn't like to invest in litecoin and I know quite well that litecoin by now suppose to have dominance over all the new coins that is new, so basically we don't need to be thinking that litecoin is dead, so litecoin is into existence, I'm seeing things that many people does not encouraging the litecoin or invest on it as they do reject its investment now.
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It is very obvious and understanding that politicians has hijacked the Joy and the development of citizens so I believe we have to understand that politicians based on their own selfish interest and they have different strategies to still a public funds based on there are the one in charge of that particular office so if we look at the faces of politicians today or depend on them I don't think that will be able to make out something good for ourselves, that is we need hustle and not depend on government, when you are self employed you can not be reasoning of government and its facilities
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That is why you don't need to a family function alone when you have not stand firmly, so for you to spend family you will have to strategize very well and the make sure that you put other people that would be dependant on you in a good position where there can be any weekly or monthly in order to support you to carry along with the family issues, so my advice to people is that when you have not stand well you should not carry a responsibility that will bring you down, the downfall of some people today is based on their ignorant so you have to stand well before you carry other people along.
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Investment is the best option someone can venture into it and also make the profit but some people may prefer service than investing their money neither cryptocurrency or area state management we've all come venture into it in order to make a profit because I prefer investment more than savings for long-term, because a savings does not add values in your investment
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The price of Bitcoin right now is dropping in the markets So excitement cannot take away or put someone into danger At this moment the price of Bitcoin is decreasing in value that is why I always emphasise that which you do not be as I said when the price of Bitcoin is increasing at the market because there is every tendency that the price of Bitcoin might reduce unexpectedly...
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In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.
from my own understanding towards the price of Bitcoin it is obvious that the price of Bitcoin cannot continue to accelerate so from my point view you cannot say that price of bitcoin now, will it be at 1 particular value because the price is rotational and it is interchanges so whatever thing we believe price of Bitcoin based on its regulation might be the wish of bitcoin, so therefore we have to understand that bitcoin price is unpredictable and unregulated
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Well, just as the title reads, it seems we'll be in for more exciting developments regarding the price of Bitcoin. Just this morning when I checked it's price, I saw $68,468 and now it's just shot up to $71,680.57! A new ATH! Well I'm sure this is just the beginning of more interesting things but I hope this trend continues. Is it the bull run that caused it's price to shoot up or is there a big whale buying?
the price of cryptocurrencies especially bitcoin is unpredictable because The price can be at range of 70,000 and within some minutes the price will go down to 50,000 so that is why we say that the price of Bitcoin is not constant and in some predictable because the market you cannot determine the market what makes the price to fluctuate is because of the demand and the supply or the market when did the mind is higher than the supply the market will continue to accelerate but when the supply is higher than the Demand The Market will start going down
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You need to understand the systematic way of threading before you venture into it because I know quite well that what you are emphasizing on is basically on the movement of the candlesticks so the significant of green in a chat means that the market is in progress why the indicator showing red that shows that the market is some bearish so you have to understand coloration of chart because it will enable you to know when to buy and when not buy
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