Start with the smallest capital, maybe 0.005-0.01 btc, that's to minimize the risk of loss because we're still new, learn while we start trading. In the beginning my capital was only 0.06 btc but it was when bitcoin price was only $ 250 / btc.
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I usually prefer long term trading than day trader or fast trader, because we just 'hodl' without having to analyze every day. But, when the coins rise up, I often rush to sell the coins so it doesn't sell at a high enough price.
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A few years ago, China controlled the crypto currency market, the btc-cny pair had the highest volume, another market followed the price of btc-cny. But since the Chinese government has restricted or licensed bitcoin, now the highest bitcoin volume is in the pair of btc-usd and btc-jpy, no longer in paired cy.
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Bitcoin is valuable because people value bitcoin, bitcoin can be valuable when people believe in the future of bitcoin and start thinking that fiat money is economic slavery only. Bitcoin has the intrinsic value of 'electricity cost' to mine bitcoin.
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Of course it will so contribute to the decrease of btc. For example when a government in a country blocks bitcoin completely, and most of the people panic sell, it would have direct effect on the reduction of bitcoin.
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Numpang tanya gan,
Kalo pake wallet offline bitcoin yg di pc, sinkronasinya bisa sampai berapa lama ya? Terus spek pc nya minimal yang kaya gimana biar gk lemot ke pc kitanya gan
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Whale is a big capital player in the world of cryptocurrency, they can 'manipulate' the price of a coin with their capital by buying much of coin. Then happen to pump or otherwise sells a lot of coins and finally there is a dump.
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Common traders' mistakes are: - Buy a coin without reading announcement of thread, charts, news etc. -all in -panic buy / sell -fomo - easily instigated by people who shout 'buy now or cry later' then finally get stuck and can not rise again.
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Most of people still buy bitcoin, in addition to investment, it can also for btc-alt trading, and sometimes just for money transfer. I think you're looking for btc with the wrong way. Faucet? It's just a waste of time, you have to signature campaign, bounty and trading for satisfactory results.
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Yes, there are so many that compare the banks with cryptocurrency in this forum, because saving money in the bank, our money will decrease to pay administrative costs. Then we can't control our money. When the bank bangkrupt the, we can't take our money completely as happened in Yunani. Sometimes, we listen the motto of bitcoin is : be your own bank.
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First, to avoid panic sell you have to use cash money to trade, don't use the money that you use for your daily needs, analysis, read news and announcement before you sell your coins and don't all in. If it's still possible to go up, stay monitor the market and enjoy your coffee.
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First, the core of your question is rising of bitcoin or its useless usd so 1 sat = $ 1. If the rising bitcoin is high, the bitcoin will be added decimally to 12 or 16 instead of 8. But it's almost impossible to happen except all countries use bitcoin
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It's so possible to happen, you're right, it takes a long time until it happens, but it might happen immediately in countries that legalize bitcoin.
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Investasi jangka panjang lebih baik di bitcoin, untuk jangka pendek-menengah lebih baik di altcoin, Altcoin bisa memberikan profit jauh lebih tinggi dan lebih singkat dari investasi di bitcoin, tapi memiliki resiko yang lebih besar juga
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"As a payment network, Bitcoin is halal. In fact, Bitcoin goes beyond what more conventional closed banking networks offer. Unlike conventional bank networks which use private ledgers where there's no guarantee that the originator actually owns the underlying assets, Bitcoin guarantees with mathematical certainty that the originator of the transfer owns the underlying assets. Conventional banks operate using the principle of fractional reserve, which is prohibited in Islam." -Matthew J. Martin
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Yes, they're a shelter for shit coins and those who make fake volumes. They also do the pump and dump, be careful with yobit, because many people who say if yobit is a scam
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You can deposit firstly, buy btc, send it to exchange (e.g. bittrex) then trade, start with day trading or fast trading, read frequently in category announcement (altcoin) and see how active dev is, how good is vision vision etc.
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Usually I check it every time and when I hold my smartphone, I use bitcoin checker application, so I can see the price any time from some market and install the alarm. So I know when there is pump or dump immediatelly.
To avoid stress, don't think about it, you must be believe if bitcoin can still rise at the end of the year. Be patient.
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I think now is the right time to buy. You're right, because bitcoin almost every year rises so high towards ending of the year except in 2014.
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My earning from bitcoin is enough to start a business in real-life, but still not to let go of the business in this life. You should start right away, starting from signature campaign, bounty, translator etc.
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