Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.  Big investors do not dare invest in things that are too risky like the crypto, and they start to scoff at things they do not. So do not worry too much about this, it's like a circular investment, the failed investors will profit the winners. |
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Do you think Bitcoin can help out of school youth to finish their studies or not?
For me in some other way yes it will help . It will help young people to gain insight on how to earn money and how to value the money they earn. But it may also be the reason to them for not continuing their studies because they earn already a lot of money on bitcoin..
It's not a good idea, crypto is a risky market. It's not for teens. I do not think kids can learn how to make money from it. When you own a lot of money and need to hold more items, you will spend more money to pay, and you will not know how to control your money. |
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I have encountered mistakes like you before, I bought and tried to hold it for a while, but it did not go up, I started to worry and sell them. After I sold them, the market went up, and it went up several times. I think we should keep our decision to the end. |
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after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?
it is probably too late to sell after holding since the 19000$ correction.
It's your decision because you lost your chance of not selling at $ 19,000. But do not worry too much about it, it can still achieve milestones it has made before, hold and wait for your next opportunity. |
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This is the simplest and most effective way to make money.
Because crypto currencies are always volatile, it's best not to trade when you're not up to your expectations, because trading isn't something everyone is good at.
When you try to keep your coin and only decide to sell it once you have achieved the desired value, think that in that time you may have lost the opportunity to increase the number of coins you own. Keeping it is a wrong way but not the best option, learn how to buy/sell when the market opens up opportunities for you. |
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Simple just buy at the deep so it have a chance to pump and sell it at the peak you have a big profit just be patient for every trade
This is very difficult beacuse you do not know how deep the market may get corrected and the price you are buying is the lowest and will start recover from their onwards. One should always be ready to take some losses if the need be beacuse in trading as it is not a predictable job and one will need to take risk to get the reward . What you say is true because when we buy at a down market, the price we purchase may not be the lowest but we are sure that the risk we are experiencing is low. Price adjustment market will not go down too long and too much, so the milestone value of 10-20% is a good choice. |
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Ethereum is facing a lot of competition from platforms like EOS, NEM, NXT, Lisk, Waves, NEO, Stratis, Chainlink, DragonChain and others. The playing field is very competitive, but Ethereum has a clear advantage in usage and community. Do you think these other projects stand a chance? If so, which ones?
ethereum has many competitors every day, and it can defeat at any time, but now certainly this will not happen. The Ethereal platform is currently a good choice for ICO projects, and they also use Ethereum as a fixed currency if they want to invest in ICO projects. These are the strengths of Ethereum that can hardly defeat at this time. |
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Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
This is not the case if you do not have internal information from the Altcoin you are investing. As the crypto market grows more and more unstable, earning profits is becoming increasingly unlikely at this time. |
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I saw the bad news about the bitcoin  , I feel unhappy because I'm going to invest into bitcoin  . Whether it booms again or continues down to death. Should I start with $450 now? If it's possible, please tell me where to begin. My colleagues advise me to use ETH, but i just found another name Nextycoin. The Nextyplatform seems to new, i wonder it will lead more oppoturnities, by contrast, ETH's old and likely to more reliable.  Which one should I choose? Anyone gives me some info. about them or other names, pls. Thanks  The Bitcoin movie has never been the end, and it's like the movie because sometimes it becomes dramatic, nervous and sometimes down. Do not worry about this Bitcoin will be a movie has a happy ending. |
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Many people became wealthy by Bitcoin and continue to be rich, but a lot of people gave up on it because investing in Bitcoin made them lose money when spending on it with no feelings whatsoever happening.
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The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.
Disclaimer: I'm not a US citizen, and I've not read that law
The silly rules make the gap between the rich and the poor more distant. If you do not invest, you will not fail, and you will not be rich. You may not be rich, but it does not mean you are not allowed to spend. Take risks and try to invest in a project though it does. |
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yes, in my opinion you better wait at the end of time this natural correction will end, I predict at the end of May 2018.
and then the bitcoin price will be at a low, $ 3000 or $ 4000.
and it was a good time to buy bitcoin.
so it's best to keep your money before buying bitcoin.
My prediction, the lowest price is in the range of $ 5000. I do not try to influence, just give a little idea that at this time bitcoin price is in the valley, the opportunity to expand investment is open, but the risk must be ready to face. Could have been the price more down. So, do not put eggs in one basket. Due to a highly unstable price jump, it is better to secure assets in the conventional currency. What the market is recovering is helping many investors less anxious when buying it at too high prices. As you say, we should keep our assets in cash because I think a new price adjustment waiting will continue to happen. |
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bitcoin getting worse, will it take a long time to restore the glory of the king of coins? this situation is very surprising, even some investors who buy at high prices now start to panic and confusion .. your response to this situation how sir  Profitable investors do not know in advance about it causing them trouble when it goes down. If you buy it at a high price, you risk it, and if you accept it, investor abandons it. The market is recovering but I think the storm has not yet gone through it will be back again. |
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Huge settle in the price of bitcoin these days. Some people says that it will goes on decreasing. If so, How do you mange your profits?
How will you react?
Do you sell it at loss?
What will be your next step?
Debiting your money from bitcoin & invest it in other crypto.
Or you find other alternatives.
What will be the choices of alternatives?
Bitcoin is not what investors expect it to happen. But if Bitcoin I usually hold long term do not try to sell to reduce losses. Many investors have other options, as Bitcoin decreases, they will try to keep buying it to wait for it to return. |
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I do not think the use of robots to replace human work is good. If robots completely replace human workers, the poor and underdeveloped will eliminated, which is bad.
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For exchanges, ICOs that collect KYC information, when are they required to send information to the government.
If I remember correctly, in the US if you make a money transaction, such as through Western Union, or bank, $3,000+, within the same day, or smaller amounts during consecutive days, the institution must collect your ID information and Social Security and report it to the government. I forget which entity of the government.
Does that mean that if one participates in an ICO and puts in over $3,000, that gets reported to the government? Or if you move $3,000 out of an exchange, that gets reported?
I think they will not send customer information to the government if they do not receive a verification request. But information gathering only addresses the risks if required by the government. |
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Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.
The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.
What do you guys think about it ?
I'm not a Bitcoin fanatic, but I do not think it will end so soon it can survive and develop for some time until there are no investors interested in it. |
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Scam investment projects really hit the field of investors. A few months ago, MLM-based projects were really successful and this helped many scam projects come along and attracted many profitable investors. Scam projects tend to be trending and attract a lot of new investors.
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Yes it is was just a price correction It is the longest-running price adjustment I've seen, it's been falling madly for a long time since late January. But I think this will be a final price adjustment before it settles back. |
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Hello,
It looks like it hit support at 6000, do you think it was a bottom? I am considering to go from fiat into bitcoin heavily. Do you think it can jump back to 10000 USD at least or will fall lower than 6000 USD? I dont like this negative fud around the cryptocuriencies now regarding regulations and India and Tether FUD. Its really hard to make any decisions now. ;( What are you guys doing? Just staying outside the market in February or go all in now?
Many people have grasped the opportunity to buy Bitcoin at $ 6,000- $ 7000, which is a joy. Many people have missed their opportunity, but I still think it can continue to come back again so we can still wait for the opportunity. |
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