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I don't think we should count access to internet at all, OP. If you don't have the ways to connect to the internet, you wouldn't put trading at the first glance or immediately. Ending up losing in the end as you mentioned is also caused mostly by being driven emotionally by other people as well. It is quite common for that here in crypto as well, don't you think?
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I think OP is misintepreting that just because one user has alt account joining different campaign is considered a bounty abuse, though I am not sure of other users' thought on that.
Probably the appropriate thing to do would be a neutral tag showing the connection of these two, unless the two users mentioned above could prove here in the thread that they're not alt accounts.
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I could've gone longer in my day trading days back in the days when I was still learning the ropes. Reading charts is really harder than I thought, even though there are already indicators provided like Bollinger Band. Guess I was caught off-guard my emotions as well.
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No wonder it is quite rare in my country, though I am not particularly sure if it is taxed by government on those types of businesses in here. I am even sure that government would require their issued IDs before one could transact in those ATMs. I just hope it doesn't one day cause that is quite annoyance and imagine being in a line and it takes too long to verify one's ID.
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Never heard of one. You could just be better of mining if you're looking for the same thing, but investing in your own rig could prove quite costly.
Hodl strategy is your safe strategy without risking of losing your capital.
There is still day trading if you're curious as well, but I wouldn't suggest taking that strategy as a newbie though.
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Well no one knows actually. Those top influencers investing in Bitcoin are just like your typical investors in dailies looking for something to earn from. Tesla already liquidates 10% of their Bitcoin from what I read in the news but Elon Musk claimed that he still haven't sold his Bitcoins so..
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It's quite common honestly. Back then I had the thoughts of day trading more than $100 in Binance, but I realized that I never knew how each coins perform within 24 hours so I just went back down. All I know was that I was investing <$15. Turned out to be all losses.
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Surely later or another day, there will be a centralized app that would allow you to pay for your merchandise through Bitcoin. Though you might expect KYC requirements because you're gonna buy from centralized or regulated establishments. Here in my country, I use an app to pay bills and buy stuff. Took quite since 2017 to be adopted.
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You don't have to worry a single thing if you're simply investing from your own reasoning, not reasoning from other else's words. Every popular celebrity that just says a single thing about a certain coin, then many investors just go crazy and throw all their money just because they wanted to be the same wealth as the celebrity.
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This is why I don't trust bounties that aren't managed by a reputable manager. Escrow isn't possible due to your mentioned reason, especially when ICOs still starting like the value of the token is still about to be given. Many bounty hunters especially newbie ranks just don't care about the project at all but they continue to whine that they've been scammed while they just go straight up and do an application immediately. I sense that most of those are even account farmers.
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I wasn't scammed. I was almost got my wallet hacked back in 2018-2019. I can't quite remember the exact date.
It was from an airdrop of a certain new coin that is about to run their ICO. I put in my junk details to avoid possible identity theft, then I checked my junk email that day and got an email from the airdrop. It was that they want me to claim my token, but then it was a clone MEW site that I got led into. Almost put in my private keys there, but I already smelled the first fishiness of the site on how the css and layout of the site looked like.
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Celebrity will always have that ability to influence that's why there are people called followers of them. Even if you argue with the man's word like an ordinary human being, they'll likely still follow what the man had said. I never had the thought in investing in Doge ever even if Elon even mentioned it in his past tweets.
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This is why I don't follow anyone in crypto especially in terms of trading in social media platforms. Impersonation are quite common than people think. One day, I was looking for just a news for crypto related and the name of the page is Crypto News then I saw a comment that they're doing their giveaway and just send a BTC in the provided address. I checked the page that it has no followers unlike the original page. It took me 3 reports before it got taken down. Social media platform teams don't give a single crap to scams these days that much.
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I never heard of any communities made until you mentioned this news. Having a small community is quite a number now actually, because having people to use such crypto is hard and they would just shrug it off as something unsecure or a scam. It is quite nice to have these communities, because imagine if governments decided to ban crypto in their country and these people would still be able to transact through p2p because they would know that all of them are holding Bitcoin anyway.
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Sometimes it depends. If you're really on the long-term holding, it is kind of easy to moderate because you're not gonna sit and look at the charts everyday which kinda leans into day trading strategy as well. You just let it grow and just calculate the percentage of how much you earned just like how stock investors do. The only hard thing to do in long-term holding is evaluating yourself why you're confident with that certain coin, but hey if it is Bitcoin, ask no more.
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Not aware that existing coins would be swapped to another when others are still holding it. Well for you, OP. I am not aware of those coins you held, but for sure it wasn't that coin that would last overnight anyway. Take a lesson that a lot of altcoins aren't for long-term holding. It could be because they're pump and dump, hyped coins, or simply just shit project making shitcoins.
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Depends on the regulations in your area or country. There was a misconception of closing of accounts of crypto in Nigeria just couple of months ago, but it was just that to not transact with cryptocurrency in the banks. It's not a total ban.
Source: https://www.coindesk.com/nigeria-central-bank-bitcoin
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Well I would not invest just because other corporation does. I would invest because I feel like that coin will grow, not because popular people does. Number 4 is what could make panickers think of themselves maybe a little more for their decision especially those who sells. For number 5, I guess that correlates with number 4. We're getting a lot of hodlers now than we think.
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Well the support level from how I saw the price rebound and plummet lately just between 50k - 60k. Once we saw a sure easy breach past 60k, my answer could be a little different now. Keep hodling their, OP. For sure if you held more than 3 years, this would be just a piece of cake of hodl for you as well.
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It was already mentioned previously that they're holding their coins in custodial wallets. It is unlikely that they're gonna hold it in hardware/desktop wallets, because we're talking about people that buy large amounts of coins in here.
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