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To be afraid of the unknown is the beginning of loosing in investing into crypto currency. There is no investment without risk and if you are afraid to take risk believe you me, you will remain poor. Bitcoin is not falling any longer it is gaining momentum. And any time the market value of Bitcoin decreases it creates an opportunity for investors to buy. There is no panic at all.
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I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.  Well, am yet to see such restrictions in my country because the first bitcoin that i bought was so easy and i don't think such strict regulations exist in my country. Bitcoin local exchanger have their office almost every where that one can walk in and exchange bitcoin with your local currency or dollar value. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
I bought the first bitcoin that enter into my wallet with my hard earn money from my full time job. Later on, i started receiving some reasonable amount of Bitcoin from the services I render to some signature campaign and trading crypto currency despite the fact that I have lost some amount bitcoin through trading, what I earn is quite higher than the loss. And my target is to make it big before end of the year 2017. |
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Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
Well, in as much as am concern I don't agree with some of your point because if these are the only reason i don't think i will choose bitcoin. Though number five will be a good reason and decentralized nature of bitcoin is the ultimate reason for me to choose bitcoin over other currency in addition to its current market value. |
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One cannot completely take away the influence of buyers and sellers (i e. Traders) from not affecting the market value of Bitcoin. This is because the forces of demand ( buyers) and supply (seller's) always has a positive or negative impact on the market value of Bitcoin. In summary, traders has both negative and positive impact on bitcoin price.
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The testimony of online income from bitcoin is every where. A friend of mine told me that he has about three account of which two are at hero level and the other is at the legendary. He make a lot of money through signature campaign, ICO and trading. Bitcoin truly provide online income.
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i had about $200 worth of bitcoin.
How can i earn more with that amount?
should I trading? or make an investment?
and please give me some trusted site to investing my wealth.
**i dont want to give a loan, or else.**
if you had some advice, feel free to tell me.
really apreciate it.
thank you.
All depends on what you mean by investment because trading in crypto currency is an investment too. You can make a lot of money in crypto currency trading though it has its own risk as every other investment. If you cannot trade because of the technicalities involve in trading, I advice you hold your bitcoin pending when the market value increase then you can sell in other to make profit. |
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I'm starting trading with bitcoins a couple of month already i buy low and sell high but really i wanna know if there are any strategies or equations to follow to know which time is perfect to buy or sell or which is not and so on ......
In trading generally there are two things that need to be take into consideration before you make a decision on either to buy or sell. Technical analysis which involves studying of the chat or candle stick and Fundamental analysis which involves information or news about the currency you want to trade is very important. You can Google babypipschool for more information on technical analysis. Am sure you will thank me later. |
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I'm trying to summarize in as few words as possible, what is the problem with centralized currencies? Writing an article about why decentralization is important. I would like a good problem summary to start.
I would say:
- Someone always has the ability to counterfeit
- Controlled by centralized authority who can change the rules as they see fit
- Centralized authority can print more money
- People can have their bank accounts frozen
Ideally a sentence or two to summarize. Maybe something like "Centralized currencies can always be cheated by someone and manipulated in a manner that most benefits those in control, to the extent of locking you out of your account or taking away your money if you do not behave in the manner those people would like. When the people control the currency, the people decide the rules that govern it and no one person can touch your money without your permission"?
Anything else I'm missing?
Thank you!
In my own view, trusting someone else or institutions like government is a very big problem when it come to the issue of centralisation of currency. This is because the government will be able to manipulate, print or influence its availability or holding its which can either lead to inflation or deflation in the economy. |
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Waves team thank you for the job well done. I believe that from campaign or advertisement so far WAVES will make it big in no distance time. I hereby confirm that i have received my complete payment for the week.
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For now bitcoin is not the strongest currency in world because of its market capitalisation at the present value as compared to other currency in the world. But in time to come bitcoin will surely become difficult to earn and equally become the most strongest currency in world.
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If not why are you still active here
I think for now holding bitcoin is the best way of making more money because very soon, the market value of Bitcoin will increase more than $3,000 . And at that time those who hold unto their bitcoin will make more money. |
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Hatred has taken over almost every where in the societies in recent time whether in the family, Church, Musqe, office, play ground, school, among young and old people. All of this that happen in our societies made me wonder whether LOVE exist. This is because if you check the meaning of love you will agree with me that love doesn't exist anywhere.
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I was wondering with most Bitcoiners on this forum did with the majority of their time. I'm semi-employed in real life and spend a bunch of my time on the computer everyday posting on this forum to earn from signature campaigns. I spend my free time socializing with my friends and playing Half-Life 2 (reliving old memories).
Am fully employed with an organization which I work with presently and i spent almost nine hours doing office work throughout the week except Saturday's and Sunday's which happen to be my free working day. But within the working hours I use to visit bitcointalk to post, poloniex to check the position of the market and some other social media site for news. |
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Same question as in topic.
Where you invest your money today?
Btc, Ltc, Eth, Lisk or what?
I will first of all invest in WAVES, then buy bitcoin and probably invest more in altcoin. Spreading your capital into different investment opportunity is the best as compared to investing in just one. This is because the risk involved in the multiple investment is lesser as compared to one source of investment. |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
It is not economically advisable to put all your capital into one investment. This is because you wouldn't know what will happen to bitcoin in time to come. Is it only good and less risky if you spread your capital into different investment opportunity that are available to you, bitcoin inclusive. In doing that you will grow your money with your mind at peace. |
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Why should I choose to live forever in this terrible world and full of sorrow, when there is a place prepared for me in Heaven to live forever. I will rather choose to leave this body here on earth and meet my Savior in Heaven where I will live forever without sorrow but full of joy.
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Holding bitcoin for a long period I think is a good way of making money. For example, people that were able to buy bitcoin when the market value of Bitcoin was $200 to $400 would make a lot of money if they are to sell at current bitcoin price of $2,450 currently. And am pretty sure the price of Bitcoin will still increase not minding what the outcome of 1st August, 2017 meeting.
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Most time I visit bitcointalk.org to read about current trends in the crypto currency market and to lean from experts who has versed idea of what crypto currency is all about. Equally, I visit poloniex.com to trade and to make contribution in the chat forum on the position of the market. And lastly, I visit blockchain.info to confirm if payment has been made into my wallet account for the services which I render to some company.
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I will suggest you safe them in an offline wallet since you have a large amount of Bitcoin and you want to safe save them for a long period of time. For saving such amount in online wallet paper is some how risky for that kind of period you want to safe them. I have some of my own saved in an offline wallet for fear of unknown.
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