Major reason which I had analyzed is its decentralized and anonymous nature. Being anonymous, it is used to for many illegal activities like money laundering, illegal trades, terrorism and tax evasion etc. So govt is confused towards its legalization as it may shake the whole economy.
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Without risk you can earn bitcoin and other cryptocurrency by taking part in faucent sites, signature and social media campaigns, writing Articles, airdrops, Bounty etc.
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I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do? Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624 You can use some secure lending platform to lend your BTC. Bitfinex is one such platform which helps to lend your BTC to borrower at fixed interest rate that too with return guarantee.
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So i was thinking to test if technical analysis and trading strategies could be profitable with crypto. I would of course test everything with "virtual funds" first then move on to the real markets.
My question is where do i find the most trustable and high quality resources to teach myself? Are there any free or payed courses online? Maybe youtube channels or blogs that specialize in crypto trading?
There are many resources to learn crypto trading. BabyPips will provide you all the information regarding the basics of crypto trading. For advanced ways of understanding the flow of money, Wyckoff methods, order flow are good concepts. Then, to research various Altcoins, you can go through ICONOMI, which provides a list of approved coins. For all other stuffs or your queries there is an all time favorite service provider, GOOGLE.
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Actually i want to know when we earn btc how can we get it to cash . Is there any secure website or something
Bitcoin is a digital currency which means that it exists electronically only. So if you want to exchange your Bitcoin for Euros or dollars, you can easily do that. There are many websites which allows you to exchange your Bitcoin for. For example, LocalBitcoins.com is an online marketplace where you can sell and buy cryptocurrencies. Coinbase.com, exchanger.com, spectrocoin are some other examples of trusted Bitcoin exchange sites.
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I just quit my office job to have full time in crypto world. I split my time of day to work manything: doing bounty campains, researching good crypto to invest, trading 3 - 4 times per week (not day trading) and may be next time i'll learn about mining. Anyone who has been off work like me can share your experiences?
Crypto world has a lot of potential now days. I have personally seen many people making millions by investing in cryptocurrency. It is an exciting area which has so much to learn. But I think so quitting a job for trading in crypto is quiet risky as it is not a professional career. I will not say that you have made a wrong decision but trading in cryptocurrencies for earning regular income requires an experience, good knowledge and proper understanding of crypto world. So give it a second thought!
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On 18 march Google said will ban all crypto related Ads services but until now I still see the ads running, what a jokes?
Although Google has announced that it will ban cryptocurrency ads, but its implementation is quite tough. It is so because there are so many ICOs that use Google to promote their project. It could also be possible that Google don’t really want to ban these ads but they are under the pressure of their own advertising policy. They cannot promote scams or faulty projects which cheat the customers, causing huge loss of money to them.
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You can buy a wide range of goods and services with Bitcoin. You can pay for hotels and flights with Bitcoin through Surf Air, CheapAir and Expedia. Microsoft also accepts Bitcoin in its app stores from where you can download games, movies or app-based service. You can exchange you Bitcoins for furnishing a house or buying gold. PizzaforCoins allow you to buy pizza in exchange for Bitcoin. Some accounting and legal firms are also accepting payment for their services. These were only some of the major things you can avail with Bitcoin as the list is endless.
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The answer to your question is not so simple. It’s not about should you invest or not, but also a matter of how you invest. You should start by educating yourself. Learn about the currency which attracts you, what are its advantages and disadvantages, what affects it, etc. Remember, only you can answer this question. You can always consult others and read online, but never blindly follow anyone’s suggestion.
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I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:
1. bank deposits 2. Lending cryptocurrency 3. Mining 4. Gold assets 5. Property 6. other ideas ...
your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.
I believe MINING is a good option to invest your spare money. This will help you to gain double
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I have a small amount $250, but here's the start of my problems, I like about 4-5 coins/projects that i want to invest but i just cannot decide if I should spread the money out evenly throughout my choices, or do I just go all in on 1 coin since i only have a small amount ($250) TBH, the most stressful situation for me actually is if i had to just choose 1, I'm stressing on if I pick the wrong 1 lol idk guys the coins I'm looking to buy are POWR ENJ ADA AMB ZIL... I don't know what to do right now lol smh... I would like to take a second to thank each and everyone who takes the time out to help me. You don't know how much I will appreciate your pros and cons of my current dilemma. Thank you.. [/quote
I believe in diversifying Investment as it diversifies risky and gives better return in next 5-7 months.no matter how small the capitalis.
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Japan was the first country to accept Bitcoin as payment mode and that was a turning point in Bitcoin Career. I believe that Japan should become Bitcoin capital of the world as it deserves all the respect for understanding BTC and positively expected women.
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One of my friends is thought to sell his holding in BTC when its price was about $18-19K, then the price drops to 14K...gradually now at 7K and he is unable to sell his holding till now. And now he is regretting his every decision of not selling it. So i believe that We should book some profit at various price levels to stay safe.
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Approach of project looks very good. Structured Roadmap with realistic milestones. Looking forward for further development.
Thats true...I also Like the well-planned and simple roadmap with realistic targets. After ICO, the platform is expected to launch in Q1 2019. It is also providing a common platform for both gamers and content creator. I am expecting a rocking beta version soon.
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I came across an article recently. Google is joining Facebook and Twitter to ban all crypto related ads. Why does everyone seem to want to frustrate crytocurrency?
Google, FB etc want to ban ICO's ads. This is because of past experience of fraud ICO's. FB realizes that these ads running play a major role in attracting investors. So Fb realizes ICO related ads should be banned and this step is taken to protect the investors summit.
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All Digital assets are unsecure in some way or another. Blockchain can't be hacked but cryptocurrency can be stolen from wallets, exchange etc. If you have large asset then don't store all of it in one medium like wallet, exchange etc.
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