Yes, we should always think before investing in any coin because without strong confidence in the project it is completely wasted. I have strong confidence towards cryptocurrency that's why I keep investing in potential coins. Even though I see downtrend with the investment I made, I will keep holding them as long as possible until my desired target is reached.
now is the right time to invest, because now the price of BTC is still at a low point. In my opinion next year the price of bitcoin will experience a positive trend. Price of bitcoin may be good next year and it is because of the halving but i'm not quite sure that it will have an effect to bitcoin right away because i think it does not make bitcoin's price pump within a month after it happened so we really meed to wait. Bitcoin's also have another reason why it will have a positive trend next year and it is because of companies that starting to embrace cryptocurrency and i think it will really have a good effect not only with bitcoin but to the whole cryptocurrency. Crypto will not die, it will just innovate. |
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I will still hold 1bitcoin, I want to say that if someday bitcoin dies I'm sure all altcoin will also experience the same thing. so why bother with altcoin if bitcoin is the parent of crypto curency. hold bitcoin we can continue to be rich in the next few years.
Yeah bitcoin will surely have a big effect on altcoins but i would say not all, yes some altcoins follows bitcoins price movement but not all if you will check the market every now and then you will find it. If i will have 1 bitcoin i will invest the 30%-40% of it on good altcoins such as eth, xrp, litecoin. I really don't feel good when my portfolio only have a 2-3 coins because i know i can lessen my loss with that move. |
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Why are you believing to their plan? Did you consider if the project is legit or not before you putted your money? Of course all of the projects want to earn money and they keep putting attracting advertisements. Not all of crypto projects are scam, there are legit ones but the numbers are few. If you have information about what you are doing then you can easily protect yourself in scammers.
Indeed the decision whether you will get scammed or not in investing money in some projects depends on you, depends if you have researched enough about a certain projects to consider it as a legitimate project that can really be a good place to put your money in. Finding a good project requires time and effort that can be woth it once you find a really good project. |
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In my opinion it is still ongoing because the crypto project is still starting to work with large companies such as Microsoft or BMW companies. projects that work with large companies because they are needed by these companies. Indeed crypto hype is reduced but project cooperation with large companies is still ongoing
I think these past years are just a preparation of what's gonna happen next year or in a few years, yes people's hype with crypto decreases but i think it is just like a slingshot where you need to pull back your stone so that when you shot it, it can go very far just like with crypto, crypto hype goes down but the moment the world take the shot crypto will be mainstream, big companies will work by side with cryptocurrency. |
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Do you ever trade at work or trade on your work computer? Any reason why you think this might be a terrible idea?
No never. I only did that through my phone. It's horrible idea to trade with your office pc, your account would be not safe later. It's better to trade at home, when you are already relaxed rather than trade during your work (your boss could angry because you are doing something else than your job) Same with me i've only done it on using my phone but it never crosses my mind to trade using our companies computer because yes your boss might caught you and the biggest risk is your information that you are entering in that computer, remember that all of the actions you do on a company computer is tracked and you might be at risk but the thing is some companies don't really let you use the internet on work so you won't be doing it in the first place. |
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Kahit sa school namen saming mga IT students maraming ring mga nagtatalk and seminars about blockchain and i think kailangan din talagang magkaroon ito ng part at ituro sa mga universities para magkaroon ng kaalaman ang mga estudyante sa bitcoin and blockchain hindi natin maipagkakaila na naging malaking parte na ang bitcoin ng ating bansa at malaki na rin ang ambag nito sa ekonomiya ng bansa. Kahit mapahapyawan lamang ito sa ng kaunti sa mga may related na subjects sa technology or about money malaking tulong na rin iyon sa mga estudyante at para narin sa cryptocurrency community.
Napakalaking bagay talaga na matutunan ng mga students and cryptocurrency and blockchain dahil sila ang generation kumbaga sila yung magpapatuloy at magfufurthur ng position ng cryptpcurrency sa bansa at totoo napakakilala ng crypto sa IT sa school namin sa IT, buong 1st year dati wala ni isang student na IT na hindi alam ang cryptocurrency yun nga lang yung iba hanggang alam lang, hindi sumasagi sa isip nila na i-try ito o iexplore kaya napakalaking tulong nung nagkaroon ng seminar samin about blockchain and nahapyawan din naman ang crypto sa isang subject dahil mas marami talagang naenganyo na i-try and i hope makita din ng ibang mga schools ang importance na magkaroon ng seminars na about cryptocurrency and blockchain dahil di lang lalaki ang crypto community, mas marami pang mabibigyan ng opportunity na kumita ng kahit maliit lamang na pera. |
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Now it is pointless to sit in the fiat, of course, after the sale of Bitcoin, to buy alts, as the market is unlikely to fall below
Well it is not that we're sticking with fiat currency it's just that most of us will convert some of our crypto into fiat and i think no one will only do one thing from buying fiat or buying altcoin. You can convert a little portion into fiat and then buy some good looking altcoins to invest with the remaining portion. But it will all depends on our strategy or plan with our money, my only point is you'll most likely do both buying bitcoin and altcoins. |
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GREED- It is always best to sell at the highest price and buy at the lowest. But that is very hard to achieve. So stick to your TA or target selling price and be contented with your profit. Greedy people would always adjust their sell order price when they see the green candles continuously rising. Their ask price gets higher and higher until it is not filled anymore. The price then begins to go down low. The greedy person waits for it to rise back to take back the lost potential profit. And you know how this will end. The lost potential profit balloons until no profit is to be taken. In trying to gain every cent or sat, nothing is gained at all. This is also true to setting buy order. FEAR- Never sell or buy out of fear. A lot of fearful people buy during the bull run, fearing of missing out or FOMO. What usually happens is that the price will correct or retrace after a bull run. Here comes the fearful, just got FOMOed, fearing again of losing big or even thinking his coin is going to die. The ending is obvious. While he tries to be positive and wait for a little while, he is already shaking. He ends up deciding to sell at a much lower price, losing big. And by the time the correction is through and another long green is about to take place, he gets FOMOed again. This is going to become a cycle until enlightenment comes.  CONFIDENCE- Too much confidence will definitely kill you. We have to remember that despite our brilliance in analyzing charts, the prices of cryptocurrencies remain highly unpredictable. Sometimes, or perhaps oftentimes, even expert traders differ greatly in their Technical Analyses (TA). Moreover, even if we have a good source of still-to-be-released news, we cannot fully expect that the prices will always follow. FUDs may not cause a red. Good news may not result in green either.
Admittedly, I am also struggling. But I guess we really need to control them. What do you think? Being greedy can cause us great losses, Because we seek greater profits that sometimes are not right. It is best to set a target price to secure our profit. Fear will prevent us if we know what is really going on if it is a FUD made of whales so that we can sell the coins we hold at a cheap price to prevent further losses. And of course the knowledge of coins we hold first should pay attention before buying. The too much self-confidence, Which should also have a limitation because our overconfidence causes us to get more losses than profit. That's why we should have limitations and we should identify the potential rewards that is really realistic. People think that they can be a crypto millionaire soon if they invested money on bitcoin. It is not gonna happen, the greed of people is so powerful where the greed is controlling the person. Too much greedy can lead to losses and that is the reason we should not be greedy when we are doing investment. It is not we need to avoid greediness, it is we need to know how to control it, when to use it and when to stop it because it can helps us in our investment here in the crypto world but of course after we obtained such kind of skill we need to experience things first like losing, why ? So that when we encounter such problems in the future we know what is the best thing to do. |
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I already made an investment in bitcoin. I have also made investments in altcoin, currently only in xrp and litecoin, not long-term investment types because of the xrp and litecoin I often use for gambling capital but I don't use them all because the purpose is for investment, only part of it I use for gambling capital. I also have a plan to buy another altcoin but that later.
Right now is the best time for altcoin investment because most of them are having a bleeding price which is really cheap compared to their all time high. I'm sure in years those alts will comeback and pass it's all time high price, all we need is just patient and keep collecting as much as we can Indeed this times is a perfect time for us to buy and invest money on good altcoins because if the high chace of getting a good amount of profit next year because of the halving but i think we should set a certain coin that we'll use if we are gambling and let those other altcoins to be just hold, well for me that's what i'm doing i am just using a single coin that i can use and spent here inside the crypto world like gambling and the others are kept and hold till price pumped happens. |
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Marami sa ating pinoy takot sa investing sa kadahilanan na sila ay na scam na or nalugi pero meron pa naman iba malakas ang loob at handang sumobok ako kasi di ko pa na eexperience yan na mag invest dahil meron namang libre na magagawa mo kelangan mo lng tyaga at sipag
Isa sa mga dahilan kung bakit ayaw talaga ng mga pinoy mag invest ay ang takot. Lahat naman tayo dito nagkaroon ng takot mag invest pero dapat wag natin hayaan na manalo ang takot lalo na kung magiging ang resulta nito. Ako din ay takot maiscam or takot malugi pero kailangan natin tanggapin na kalakip na ito sa larangan ng investing. Sipag at tiyaga ang mga susi upang maging matagumpay sa larang ng cryptocurrency. Sa tingin ko nabuo yang takot na yan ng ibang mga pinoy dahil sa naging mind set ng karamihan na wala kang mararating sa investment, wala kang kikitain sa pagiinvest at dahil din sa mind set na yun hindi nagiging open ang karamihan sa atin about investment at maraming namimiss na opportunity. Isa pa sa nakikita kong dahilan is takot na magtry ng ibang bagay dahil nga napakabilis ng technology dapat nating itong sabayan ngunit marami talagang takot magtry ng bago. Sana mabago ang mind set ng mga ibang pinoy about investment sa cryptocurrency. |
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I made a lot of mistakes when investing in cryptocurrencies. But in response, I got experience. This is the main thing. No need to be afraid to make mistakes, you need to learn and gain experience in investing in cryptocurrencies and digital assets. Good luck to everyone.
I also think so, if we do not make mistakes, it is feared we will become big-headed and feel ourselves most perfect, it is important that mistakes here become a stepping stone and we know how to deal with and anticipate mistakes for the future, but if we can avoid mistakes in cryptocurrency Why not? And to add it i think when you don't make mistakes then you are not trying at all, you do not take yourself out of your comfort zone, where you can learn new things and experience new things that can furthur your skills in the crypto world. Indeed it is like a guide for us so that we can avoid those mistakes in the future and don't expect to commit no mistakes once you've experienced all of this because mistakes is unavoidable and we just need to be ready for it. |
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Many beginners really will not pay attention to the good advice of experienced members of the forum, because they come to the forum to get big money in a short time. Only after they are defeated in their own experience will they listen more to valuable advice.
Beginners tend to rush things and they are mostly wanting to get some big profits in a short span of time like you have said and indeed once they experienced things here inside the crypto world they will eventually realize the importance of those points that the OP said. And i think this is really happening, that newbies are really rushing things and it is rare to see newbies that do not rush things and carefully searching things that can help them in their investments, i hope this should be a guide for all of us. |
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I don't think there's anything terrible about it. They care about their safety and if someone is actively interested in their whereabouts, it can be alarming. You don't have to worry about your money. Binance is a reliable exchange.
Yeah absolutely, you can't even do anything about that information that you'll be getting, it will just make you looks like a person who plans some illegal things. They are handling not just your money but millions of peoples money so keeping where their head quarter is just fine and instead you can ask about their offices or branches where people can visit. |
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The reason people get scammed on internet is because of greed. So greedy people can't think logically and clearly, therefore it is very
susceptible to fraud. Provided that it is rewarded by a large fee a greedy person will be immediately attracted. So control yourself from
greed, then you will not easily enter the trap of a fraudster. Investigate an offer reward to be good to be true. Because the scammers
character from the past until now hasn't changed much, they definitely offer a big reward and instant to get. If you find something like
that do not immediately believe, who knows it's fraud.
That is why being good at analyzing things is a must for all of us, not only in the internet but on everything here on earth. When you can analyze you can certainly identify if a certain project or anything you know you can get rewarded is just a scam or not and to add it self-control is paired up with good analyzation because like what you've said greed can lead us into being a victim of scammers and also when you really cannot analyze if a project is a scam or not and you really want to have that money thats when self-control will take place, it will tell you that it is better to lose that project than to be scammed by someone in the internet. |
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Most crypto are decentralized so what ever action you take is all on you, the decentralized freedom is why we are here and that is why many scammers walk free in crypto space, accept this fact and avoid getting scammed by all means
with a decentralized system that can do security is ourselves, we really cannot expect much on a security system. all the things in crypto are set by you, your ability to use one of the goals here is to avoid the deception that so far is still found It is included in the risk that you are taking when you first entered the crypto world, indeed being secured in the crypto world isn't 100% job of the security system that you can found on the internet because it is all on you, so exerting time and effort on doing research about the projects you are interested can lessen the chance of you being scammed and losing money. Our place isn't a secure place, scammers and hackers lurks the internet so having a skill of being able to analyze things in the internet is a must. |
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But the problem is that we can not guess which coins will be able to show the same result in the future. At that time, too, not everyone bought bitcoin and other alts. Few managed to get rich. Also now, we just have to rely on our intuition and luck.
That is why believing what your coin can be in the future is important although yes it is a super hard thing to do because once a coin don't have any progress or anything that can make you stay investing or holding it you will surely leave it and i think what happened in 2017 will not happened again in the future, a different event will take place and this should be a lesson that we need to prepare our coins so that we can have a good future in cryptocurrency. |
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Indeed, this is like living in the modern world. Everything uses money. Maybe the OP can consider staying in the jungle and become a farmer. LOL. You cannot spend your whole life chasing money for wealth, marriage is a choice you can make at any age and regarding paying taxes in my opinion is important, the state cannot guarantee the lives of its people without any assistance from public taxes. It's selfish if you demand a lot from the country but don't want to contribute taxes. Tax is important but the amount that needs to be considered so as not to burden.
You have a point on that mate but to be happy is to make your own way by doing the most precious thing is to love with your partner for the rest of your love. I understand practically on the OP's point but being in love, we have an inspiration towards as we live in this planet earth. Having a lot of money is the most comfortable way of living but being just having a lot of money without any inspiration makes so desperate due for the various things is so easy as you can have you want and needs in life, likewise everything is no challenges and leads to very boring life and that's the most reason of those people commit a suicide as they want to challenge the death. Indeed real happiness isn't being rich or being able to buy anything you want, real happiness and a real treasure is feeling loved by someone because that thing cannot be bought by money and i can honestly see that in real life, i've met a lot of rich people who can buy anything they want but you cannot see happiness in their eyes because once you get lots of money that is when you will realize money alone can't make you happy. It is like a game where you reach the highest level and got everything able in the game, it becomes boring because you've fulfilled your purpose and not have anything left to do but i didn't mean don't be rich because you will get bored of life, its just do not focus acquiring lots of money because there are more essential things than money like yourself, being able to do what you wanted to do, friends and lot more. |
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The crypto world has huge potential but the sad part is, it has lacks in everything. Every new project comes with a new and unique idea but they did nothing except writing some words and roadmap shits! Maybe the crypto needs some educational, diplomatic technology except payment system, electric tech, hi-tech, and even in AI tech ideas!
Maybe so far education about crypto has only just begun, it might take a few more years for people to emerge who are better than now to develop this technology. education is indeed important for development so that the future of crypto can be maintained even more This is what i have been thinking for quite some and education about blockchain and cryptocurrency is what crypto world needs right now because we need to make cryptocurrency mainstream so that more people can knew about crypto and one of the ways is having it in the school curriculum and i agree it can secure the future of crypto because we know if we have crypto in our education right now, the next generation will be full of potential and lots of new ideas that can make cryptocurrency much more better. |
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If cryptocurrency have many positive respond not only from investor but also from company I think fiat just waiting time when they will be die, Fiat only give us soft service for transaction but could't not give how to increase money using Fiat and bitcoin can give us both of faster transaction and by using bitcoin could increase our money.
Let us say that a lot of people accepts and finds cryptocurrency a good currency to have, i think fiat will not vanished or die even if cryptocurrency became mainstream because even though every single one of us knows about cryptocurrency, we can't take the fact that some people are not keeping up with technology, they don't have any devices that they can use to manage and use their cryptos. As of now crypto does not have a very fast transaction for each transaction last for about an hour or 30mins so it isn't that far from fiat. I think we don't need to cross out one of the two things, using it simultaneously can give us much better experience and more opportunities. |
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We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.
This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money. Yes absolutely, this is just exactly what i have experienced in my first time investing some money in bitcoin, i really am scared of what might happen and i really felt the feeling of "what if btc price crashes?" and i can say that it is not easy but as time goes by i get familiar with bitcoin's price movement and i am not that scared and worried about the price anymore because i know it will soon pumped up and will give me good amount of profit. |
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