the most popular reason distinguish bitcoin to real mone is how they are used, real money is legal money so it can be used in anywhere in society and easy to use in daily payments, but bitcoin is digital using internet only, and is illegal in some countries, not much people know about bitcoin.
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using bitcoin as a payment is not a good idea because bitcoin is having serious delay and slow in transactions recently, so people wont accept why would they use a coin to buy something when they dont know when they money will be transfered.
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i guess bitcoin is not a perfect coin to be used by all people, so if government can not control bitcoin, they may ban bitcoin and developers want to change that so they made new forks to create new coins better than bitcoin to replace it in the future.
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i have to say anyone can be a trader but not everyone can be a success trader because trading is very complicated not just buy and sell like we think, we must analyse carefully and make predictions for oursellf to make decision to sell or buy, that is surely not easy but take a very long time learning and practicing.
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it is not easy to know when will be a dump or pump, because we are just a small fish in the community, only big whales on the market can effect entire market whenever they want, we can only trade in safe way, sell when we get enough and buy when we can afford big enough.
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i think to be a good trader, the best way is to have experience when you lost your money, try to find out why you lost money, how the trend rise up or down, and be calm in every time we trade.
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perhaps starting with ethereum is much better because bitcoin is very high and we can not easily afford it, however ethereum is rising very fast now , more from 500 to 800 in just a month, that is really surprising speed making it more profitable than bitcoin.
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i think yes, nowadays we no longer need to work in company anymore but still be able to get incomes from online working, or trading bitcoin, so we can quit our present job but it can be quite boring if we just stay at home working.
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holding bitcoin is our right, no one have the right to judge us, we can hold as much as bitcoin as long as we want to get more money from bitcoin rising, greedy to own bitcoin is normal as long as we dont do it illegally or having bad effect on community.
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Yes I have been scammed by an icon project few months ago. At that time i don't know much about ico but tried to invest in it no matter what because I was convinced there will be huge profit. In the end they took my money and disappear, that was really a valuable lesson for me, everything must be done carefully if I want to invest.
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to analyse an ICO before investing we must do all research carefully about the idea of the project, can it be applied in the future? their roadmap is clear enough and whitepaper is enough details for our need for investing, how their advisors answer our questions about the coin's future,... manythings have to be done before investing but surely not everything you do can guarantee you are 100% safe, there are risks that we can not see and must accept it.
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ICO is still a good marketplace for investors to earn huge profit from it, we will have a better chance to earn huge profit if we can find a good ICO to invest, but the risk of investing in ICO is very high because not much ICO can get high success, so it is up to us whether to choose invest in ICO or not.
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i agree, bitcoin is dominating the whole market with its high value and still very being wanted by many people around the world, also ethereum stand just behind bitcoin is dominating altcoins markets due to its high applications and convinient.
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i think when we want to sell a coin base on ERC20 the easiest and most popular place we can sell is Etherdelta exchange, this exchange is famous for adopting new altcoins everyweek, small fee and fast in transactions.
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i can sure rightnow no other cryptos can surpass bitcoin, bitcoin is too powerful that it has dominated the whole market and its price make a very far distance with other cryptos, so maybe in the future bitcoin may be defeat by other coins but not rightnow at least for few years.
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i think cash is better than bitcoin at the real life use, bitcoin is not legalized in many countries and some countries ban bitcoin, so it is not popular in using for daily life, we can not use it for bitcoin for many things in society, that is the reason why cash is better than bitcoin.
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it is never too late to buy bitcoin, bitcoin is rising every month and get higher and higher so as soon as we buy bitcoin, we may have a higher chance to get more profit from bitcoin rising in next year.
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i think the most attractitve concept about bitcoin is anonymous, we can easily make transactions without under control by anyone or any government, so no taxes to pay after all and untraceable.
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i will have to say there are many things that money can not buy, love, happiness and time are one of the things you can not buy. you can not buy love from parents to sons, or simply can not buy happiness when you use money to have a wife, and time is a thing we can never change.
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