Either get free from airdrops; or work for bounties and get tokens too
or you get from investments
its all the same thing, the most valuable thing to do is make the right decisions and enjoy every tokens are investing.
Bear in mind, Every project starts by sending free tokens (airdrops)
I agree with you that they're essentially the same thing only differing by the route you take. Though, generally, in my opinion, if you can do bounties as I feel the time would be more worth while because you'll learn so much more. |
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It totally depends on your time dependability. If time allows you, you could be involved in day trading with some coins and HODL for long term gains unlike day trading as well.
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this is very natural and I don't doubt the truth. The average new trader always loses, even after a long time is also still experiencing losses. Trading in my opinion is almost like gambling, profit and loss will make us feel curious and want to do it again. Especially new traders who do not understand technical and fundamental analysis. After they find out, they will still be curious to practice it directly. And another big problem is they can't wait to do hodling and prefer to cut losses so they will be mocked by the market situation.
Trading is actually the same as gambling but with lesser risk and you will always have a chance to get back your investments depending on how the market runs, this is the reason why people is still keep on investing. That's very true which is why it takes time to become a good trader because the risks are high but by knowing your stuff you can minimize those which is not the case in gambling. |
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Is a combination of several things, if you are interested in trading, whether you buy, sell or trade, you have to look at the volume, especially the volume of the last 3 days and be aware of the movements I make, it is very important to detect dumps or pumps and be able to use the necessary market strategy, now if you are interested in technology and want to know if the crypto is going well set the roadmap and the whitepaper, they have to be fulfilling the promises they made and everything should go smoothly.
I very much agree with you. Its all about analysis and techniques and knowing when to spot pumps and dumps and for some of these things this forum is the best place to start and then continue on. |
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In my opinion, if you have money and you wanna make investment, buy bitcoin or ethereum. Not any other crypto currencies! The market is too unstable recently.
I also agree with the above. Buying altcoins now with Bitcoin can be very frustrating in the future when BTC price will moon which we'll hopefully witness this year. |
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I'd suggest investing in some of the top coins listed on coincap.io. You can also see how well they have done in the past in their phone app to help you make a better decision.
Yes, checking on websites like coincap.io or marketcap is a good way to decide which coin to go for but must be careful of the coins which are being pumped and prepared to be dumped. |
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Bitcoin is always one of the best cryptos to invest in. But there are also altcoins that may gave us good profit in the future. Like ethereum.
Hmm, I think at this time this question can put many people in the thinking and uncertainty zone and its true with the price of BTC just about holding above $7k this becomes a pressing question. I think it depends on the individual and such there's no right/wrong answer. |
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The wallet problem is very serious. You should be careful and keep it safe.
I very much agree. The wallet is an important matter and of course you can EASILY lose all of your money by choosing the wrong wallet since so many of them can be scams. |
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bitcoin and ethereum are the most popular coins ,they are highly traded coins with good volumes, just buy and hold its for long time and you will be get decent profit from its
A lot of coins are there which are profitable but it is in fact depending on you that where is you interest and study, If you have good study about etherium and you feel it more confident to invest your money in etherium I think that you should invest your money in etherium then. I agree with the first two statements and in my opinion BTC and ETH are both the best coins to invest in though they do come with long term holdings in order to obtain profitable earnings. |
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I think it’s really effect on bitcoin. Suppose if SEC approved bitcoin SEC then bitcoin will be more popular and sustainable. And it will be very effective for BTC.
I think so too. ETF would greatly influence the market because it will promote and encourage either the hate or importance of Bitcoin which will really impact the number of users it will have in the future, especially if BTC gets approved. |
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Drunk + pissed + losing streak + ATM is not a good combination when you are in a casino. The chance of losing a lot of money is very high since you are drunk, your decision making is messed up and that is on top of the losing streak. To control the amount of money you spend in gambling, you just bring only the amount of money you plan to spend. Leave the ATM card at home. If it's possible go to the casino using a cab, much better, there are loan sharks waiting around the casino who accepts cars as collateral for those who wants to win back their money.
This is the worst combinations you'd want to be in before going to or when in a casino. For sure, you're going to lose and being drunk also makes the situation a whole lot worse because you could even bet what you don't even have. Very dangerous and highly not recommended. Good eye opener. |
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I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he sold his house and invested the money in Bitcoins. After 1 or 2 years, he posted there, he has earned some $20,000,000 from Bitcoins.  how do you say? luck helps the brave. I would never have the courage to do such a thing (unless I have 4/5 houses). I hope now enjoy life doing what he dreamed when he did that madness Lucky for him but I know for sure I won't ever put all my money in one investment especially crypto when it can be so risky with the uncertainty of the market, but sometimes some people just take a leap of faith- and that's what this guy did. |
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I think so there can be profits to be made this year though I do not think of the same scale we saw last year. Nonetheless, altcoins will show profit as long as bitcoin price will stabilise at > 8.5k.
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You can try babypips free online course and read the book by John Murphey (TA Bible)
After that learn some basic FA and risk management. Dont put more than you can afford to lose and good luck
There are a lot of online resources you can use online for free but I think the real learning comes with real experience so I'd suggest start a small investment into an altcoin and then start trading with that, keeping in mind the possibility of loss and failure. |
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Cryptocurrency has made a huge number of people financially independent. Thus, cryptocurrency has always been a escape under situations ike this. Plus, till now such financial inflation situations have always helped to grow cryptocurrency, so it's actually a good opportunity for cryptocurrency to grow in Pakistan.
An expansion of support for Bitcoin is always good news and I do think if Pakistan is to adopt BTC then this will be mutually beneficial. |
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Mistake № 1. Buying on the top (loss of profit syndrome).
in other words, don't get FOMOd. specially if the coin recently pumped, except if there's a certain partenership, etc. that could base why the coin pumped. analyze carefully the chart. partner TA with FA. I think there's a large proportion of people falling in for this as they feel it will continue going up and then it will make it much harder for them to buy the coin which sometimes can happen but I haven't yet seen a situation when the price didn't drop. So its something to really consider. |
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It is still good to buy potential altcoins because there will be a lot prediction that will happen starting September so I suggest everyone to fill-in their bags of altcoins, just separate your investment on different coins to reduce the risk.
I agree. Predictions are inflating the confidence of consumers and as such this is a great time to get buying whether this is bitcoin or altcoins. |
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Are there any statistics on how gambling with Bitcoin (and crypto generally) develops? I would be interested if it increases or decreases. From time to time there are articles on media like Coindesk but I'm not sure if you can believe the data.
I imagine that gambling with bitcoin as opposed to fiat currency is more risky because the proxy of a 'digital currency' doesn't hold the same mental weight value. That was the case for me anyway, because I could justify that I was only losing 'magical internet coins' instead of real money. Unfortunately, this all happened back in 2014, so my magical internet money would eventually be worth over 100x paper money. Yes, the use of digital currency as gambling is very risky especially when there is a great chance that in a couple of years time you'd just lost a fortune. |
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When i look at Neo from an investor's perspective, i see a bright future, a promising crypto currency for the future. Still, everything will progress depending on the bitcoin and the crypto market.
Yes, while all of the above is true with respect to BTC determining the crypto market, Neo can potentially become a good currency if the projects in development progress they way they're forecast to. |
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I think the answer to the questions is Bitcoin. You can't go wrong with bitcoin especially if you buy in at a low price and BTC is sure to go up in value by the end of the year.
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