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I had seen some Github repos that are active in the first few days of the same month, then there would be little to no activity with the upcoming days. Though I wouldn't consider Github repos to be the only thing to look at because I could just erase whitespace and do a push it to the repo to add to the activity.
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Well you can't help but to think of how to earn money regardless. Emotion is what f us up 90% of the time. That is why when making decision, you should sleep it first overnight before committing to that kind of decision. Last night I was thinking of selling a little bit of my Bitcoin, but then I just let myself fall asleep to ensure that I am not just f up with tiredness with that mindset. Turns out I didn't want to sell at all.
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Well yeah for startups, it surely is still low. The real game begins when that startup starts to show its age. Bitcoin pushed through a lot of years that is why I just bought a tiny bit back in 2017 when I was still starting up, also my misinterpretation to its usage became crystal clear to me.
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Just to correct you there, not hodling =/= greedy. There are those such things as different strategy. If I day trade which means I look at the boring to hyped charts almost all day, does that mean I am greedy while taking advantage of the short increases? Nope, right? Some could do more in day trading rather than hodling.
Just a disclaimer. I quit day trading but I heard stories.
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His blind followers reacted to it and just bought the coin when he shilled it. It would go the same as Doge which is supposed to be just a meme coin. It was hyped so hard that people took it too seriously and recognized it as more of a legitimate coin. This is just to say that there are a lot of people including celebrities that just want to claim that they know something in crypto but they're really not.
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Check Scam Accusation first before trying to dive into the water. If not, try to investigate it by yourself. Being skeptical about something would help save you, your wallet and even your sanity. About the profitability, sometimes sales would help you because you would be able to buy a lot of tokens, but remember that if it is a scam, your tokens aren't worth anything.
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Well it indeed gained extensive trust from a lot of people. You can even mention that El Salvador made Bitcoin as a legal tender. Your analogy is quite off though. I wouldn't consider coffee as an alternative to tea. Coffee still has a lot more caffeine than tea and I would choose coffee over tea any day. I can say the same that I would prefer BTC over any altcoins.
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Well I would just call it that he has too much influence to his followers instead, because from how even the media reports his words a lot. He does not have direct control of crypto especially Bitcoin because of course, the usual word decentralized. His followers, maybe not all, are all just blindly throwing their money to crypto and he would just hype the crap out of it in hope that he will gain more followers from the community of the coin he brings the hype at.
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This is one of the problems that investors tend to have when it comes to crypto investment. They somehow need to be a bit knowledgeable enough to how blockchain works. One team would just claim that they are good and the project their making would be futuristic by throwing some random technical stuffs. It is like saying that you claiming that you can build website using HTML, CSS and JS without even proving that you can write codes from those languages and they would believe you.
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Well even in centralized ecosystem, scams still happens right? How many of you heard money laundering schemes happening outside crypto? I am pretty sure there are more than what can we count using in our hands. Just because someone regulates something or controls it does not mean that things like this doesn't happen.
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Those posts compilation you made were quite a read actually. It's been a while since I see some user in low ranks sharing their insights and knowledge about Bitcoin though. Just one suggestion though. Please omit: ~ If you think these articles are inspiring to you, it would be better to give some merits. ~
I don't want to sound rude, but it feels like merit-fishing for me which is frowned upon here. With that out of the way, good luck to your journey, OP.
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That "money laundering" stuff was the one I read when I was being KYC'ed in my own custodial wallet. They're trying suppress that scheme. It is obvious that government just saw Bitcoin and other cryptocurrency as a way to do those schemes, while in reality it is not and yes, even fiat does the same thing. It will go the same for the scams happening around the crypto space.
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It is by many things and reasons. There are people that would be choosing it due to its market cap in CMC. Its ATH from ATL. There would be people that would choose BTC just because it is mainstream in media and they would like to ride the wave the same way as those people that referred them to it.
Personally, I looked at Bitcoin as something illegal back then that's why I never chose to invest to it, then someone from my social circle corrected those misconceptions.
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It is sad that most people tend to just buy Bitcoin for quick profits, but I guess it is still an opening for them to learn the other side of the coin that it is meant to be an alternative payment method. I gotta be honest that I saw a bit from Bitcoin as something that could make someone rich because of the price instability, but now I realized the freedom it brought to me, when a certain friend of me told me about his story about how banks screwed him over and over. It is still not too late for people to realize the freedom behind Bitcoin.
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Not everyone there, mate. I had foreseen these in my area quite a while when a popular custodial wallet here in my country got released and it just seemed like many were still like using fiat over cash. It is just that not everyone is still used to using Bitcoin. It is like "boomer" vs "gen z" when you call it. The former isn't expected to get used to the technology these days.
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Quite synonymous to pump and dump schemes that you encounter in a lot of coins these days. It is nothing to be surprised anymore. It is just like many projects that tend to be from trends these days. ICOs, IEOs, etc.
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Many even became a prerequisite before the NFT became kind of trend in crypto. I recall people discussing about IEOs a lot after the ICOs tend to disappear after 2017. They were hyped a lot due to how investor thinks that compliance of the exchange's requirements before listing of token would reduce the possibility of scams.
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Now that was mentioned. I guess it would just differ when it comes to a family situation where both spouse work, no? That would be a factor for women to start doing crypto, either it would be trading or just the traditional hodling that would be the safest way for them to earn without doing too much. There's a culture here in my country where some families work really hard wherein even the mother works to earn for the family.
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Even if how many times you try to tell some people to not panic, they will still do it regardless. It is just that some people committed everything to crypto including their valuables. I even recalled some people selling their land only to find out that they threw it all to crypto. You can't stop people to letting their emotions from that.
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When it comes to Bitcoin, mostly it just becomes whales trap actually. They're just waiting to take panickers money for sure. If some people were already holding it since 2019, I am pretty sure they're quite used to those ATL. It is nothing new.
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