Because i bought at a lower price so i want a high price for bitcoin after all because i believe that it is the best way for me to make profits and become something in my life. If i will not see that bitcoin is reaching a high price then it will be just useless for me to get into this thing because even though it has a great technology, it is useless if it will not help me financially.
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Keep calm and always hold on your cryptocurrencies and do not ever sold at bear market or downtrend because you will just be disappointed to yourself if you are going to trade and sell at bearish market because you will not get any profit and instead of profit that you are expecting, you will get loss and if you are a newbie then you might just rage quit from investing in crypto.
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I see trading as a very serious source of income and it is a little bit fun but i don't see it as a game because when say that it is a game then you are not being serious with it and you are just using it because you are having fun and you don't mind for the possible results of your trading. So if you really want the best result with it then try putting a lot of attention to it and try to work hard and be serious with it.
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Of course it is frustrating to get a huge loss and it is not that easy for me to move on for that huge loss because it is like a very bad day for me to experience that since we are all expecting profit and not a loss but not only a loss because it is a huge loss but after a few days, i can move on and proceed to the next days of my trading journey.
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The best alternative investment in my opinion is the real estate because they are the best for long term and the best place to keep your investment for long term and with those investments then you can easily feel the security for your investment because it is not a high risk investment and over the time, you will easily see profit that is coming into yourself.
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This is indeed true that bitcoin is for long term investment because if you are not investing for long term in bitcoin then you will not get the best profit after 10 years because bitcoin is the strongest cryptocurrency and all of the people are really putting their bet or money in bitcoin because they believe that this cryptocurrency will explore in the long term basis.
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Trading is much better way of making money rather than straight holding because when you hold then you might miss an opportunity to make a trade that can double your position and that is why trading is the best since you are always updated on the market and you know what is going on so you can easily take advantage of any possible opportunity in the market.
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If you want to recover your loss then you should start accumulating altcoins right now that are now on a dump because it is a good price to buy and get a lot of the altcoins in the market and if you have patience then you will be able to recover your losses because when the market is starting to pump then you already making profits.
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Use some technical analysis so you can identify what is the trend of the particular pair of cryptocurrency in the market and also look for the pattern that you might see that will help you to identify the possible next movement of that coin or cryptocurrency and that is how you are going to make a prediction for the price of a coin if it will go up or down.
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If you have a lot of knowledge and you know the things that you need in order to trade efficiently then you can just trade cryptocurrency and leave your job because you can earn the same amount that you are getting from you salary in trading in just a few weeks of trading cryptocurrency but if you are not that good in trading cryptocurrency then don't leave your job because you might just lose that stable source of income and you will regret about it at the end.
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Read some of the things like topics here in Trading Discussion because it will help you to gain some knowledge from the other people's post and also you can get some idea from their opinion that you might agree with or not and you can make it as a basis or a base form for you to make a better type of idea or strategy that you will be using in trading.
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It is possible since a lot of experts says that the price of bitcoin might reach 1 million us dollars and that is one of my dream to see the price of bitcoin to reach up to 1 million us dollars so even though i have some hard time in earning bitcoin, i will stay being patient to slowly get bitcoin piece by piece so i can get at least 1 bitcoin and keep it and wait for that price to come true.
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They have both difference and they have different advantage and disadvantages. USD is good for small transactions like buying a cheap meal and you don't have to wait for confirmation of your payment because you will just give it to the cashier while Bitcoin is good for big payments and with its technology then it will give a lot of possibilities in the future.
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It is like their contribution to their country to be able to have a good amount of funds to continue projects and other form of actions that can help their country to improve and become better and that is the reason for me, why i am paying taxes and i really believed that it is the same to applies to the other people's thinking.
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The worst thing that i did in the cryptocurrency world is when i believed that the hyips or any other investments in the cryptocurrency world are the key for me to establish a financial freedom in my life but it just turned into scam and ran away with my bitcoins so i really think in that time that i should quit but i got into this forum that become my life savior.
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We should really increase the popularity of bitcoin by promoting it so we can have a good range of profit to expect because if the popularity for bitcoin grows a lot then people are more aware of bitcoin and they can just get into bitcoin and increase the demand by it and we can expect some increase in the price and hope for the best profit.
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Around 30,000-60,000 us dollar is the predicted price for bitcoin and that is the reason for bitcoin to get so much attention and that is the reason for the people to just rush into bitcoin because they know that the price of bitcoin will go up very high in the future so it is best for them to just buy bitcoin right now and HODL!!!
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If you want to do hodl then you just need a safe wallet like hardware wallet and in that case you can just send your bitcoins there and keep it for long term and that is a way of holding which is so beneficial for you to do because if the price of bitcoin spikes up again then you will be profiting because you will have an increase in fiat value of your bitcoin.
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I think yes because you can buy some ethereum or bitcoin for a lower price and that will give you more chances to just buy and get some more tokens in the future which is not a bad deal for the people who wants to invest in ICOs in a very practical way. Invest now and get a chance to make your money up to 5 folds by just investing in an ICO.
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It really depends on your preferences because if you want a fast way to get some bitcoin then just buy it from the market and that is how you will be having a very fast kind of way to get some bitcoin but if you don't want to buy it then you can earn it by working for it like being a participant in a signature campaign or by offering your skills to others through freelancing or working from home.
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