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$100k is a very high level, and I dont think that Bitcoin will hit this level, at least in the near future. I am holding BTC but I look for making good profit, and dont plan to sell with such high rates. In theory Bitcoin can reach $100k or even more but it will need very long time most likely.
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There is few mandatory steps to make sure if the project is going to success or not. Firstly reading the whitepaper carefully, and seeing if the concept is really attractive or not, also check the team of devs and see if they are real or fake, and if they have good experience or not. Also visiting the project site can give you some idea about its security and developpement.
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Well if you have good budget and free time, you can doing both, investing and participating in the bounty campaigns. But you should first making sure that the projects are legitimate and having good potential to success, because not every ICO project is promising, and there are many scam projects.
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Bitcoin , and crypto currencies in general, have very volatile prices, and if you need to make them your main income you need a large experience and investing high amount firstly. For me working with digital currencies (including Bitcoin) give me an additional income online, and it is helping me financially.
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I am not sure that teaching young childrens about Bitcoin is going to work, or to be really useful for them. In this step they focus to play and to learn the basics, blockchain technology and learning about crypto currencies would be very complicated for them, I think. They will learn about it easily when they grow up a bit more.
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We can't generalize man. Not all people haven't faith in ICO projects, there is still a great community believe in this projects and invest in them. People who have bad or negative ideas about ICO projects either they have bad experiences in the past with ICO, or don't have good knowledge about this projects and the potential of earning you can make when investing in the right ones.
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I don't think that's going to happen , because the price is expected to go up in the long term and also it is currenctly decreasing slowly and not really fast. I think the worst case is dropping down to $6k and then going up again and it will take time surely. However the BTC price still volatile and we cant predict it exactly.
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It is possible, but really very hard to happen, despite the price keep dropping down slowly the few previous days. I think Bitcoin will not drop down under 6000$ and it will rise again highly after this and reach good levels. But we can take this opportunity of price's decreasing to buy more BTC with low rate.
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Usually when the market go down , I take this opportunity to buy more Bitcoin and some other crypto currencies, and I keep holding my coins until the price go up again. The prices of crypto are volatile, and it will increase again after a while, we just have to be a little bit patients, and dont panic whenever the market go down.
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I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.
This is true, especially for starters with trading world. Knowledge and studying the market, the chart, and choosing the most promising coins or tokens to trade, and the best moments to buy and sell, all this is required to make the highest possible profit, and to minimize the risks of losing. |
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Holding works mainly for the most powerful crypto currencies, which have good potential, because their prices are expected to rise highly in the future, but you need to make your plan firstly, and to be patient too. Trading works for short and long term, but it is a bit more risky and you need good knowledge to avoid the big losses.
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In my opinion, Bitcoin will stay as the king of crypto currencies for several coming years. It is the oldest coin and the most successful one right now, and it have the biggest value and the most active community. It is also highly needed for trading altcoins, so the demand for BTC is not decreasing, but going up with time.
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Hello,
I'm still learning about crypto currencies and willing to buy some bitcoins. Is it good time to buy?
Thanks
It is not too late, the prices still low nowadays and it is your opportunity to start buying some successful crypto currencies and holding them until the price go up highly again. Take your time to learn more about crypto, to choose the most promising coins before investing. This forum can help you to get good knowledge about BTC and digital currencies in general. |
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Well I am here for both knowledge and earning. I think most members here try to get good knowledge about crypto currencies while earning some extra income online, and this forum give us this golden opportunity. I got good knowledge about crypto by reading the useful threads and comments here, and I get some earning too by participating in bounty and signature campaigns.
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Trading is consuming time, and it can lead to some type of addiction easily, just like gambling. Thats why we have to manage properly our free time, and focus with the trades that can give us good potential profit. Also experience is very useful in trading world, so even if you spend long time, but you get good experience in the same time.
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I think Bitcoin indeed need more advertising and thats the mission of its large community. Most people around the world still not yet heard about BTC or just having negative ideas about it, and not encouraged to involve by investing in this currency. There is many effective ways to promote BTC more, like talking with friends and family about it, and using the social media platforms.
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While it is good news for Bitcoin users/hodlers that countries allow the use of Bitcoin as a means of transactions within their border, what will be your position if a country decides to take a step further by using Bitcoin as its national currency?
This is good for sure, and it will help to support Bitcoin and spread the word even more about it. But in fact it is impossible to happen in my opinion, because Bitcoin is a decentralized currency, and its price is very volatile, and also governments want to support mainly their fiat currencies controlled by them, and they are actually fighting Bitcoin and digital currencies. |
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There is some risk involved with investing in ICO projects. This projects aren't always legitimate and successful, many of them are just scams, or having very low value. So investing in the wrong projects will lead to big lose surely. That's why it is always better to take good time choosing the project and checking its whitepaper, team and concept before investing.
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Well I agree firstly that investing in ICO projects is always risky, and that profit is not guaranteed like many newbies think. It is hard to find the most promising projects which are numbered. But in the other side, if you invest in the greatest ICOs you have the potential to make huge earning, and already many crypto users earned thousands of Dollars by investing in such projects.
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I am looking for a new ICO what ICO do you think is the best to sign up? What ICOs have a big pool of tokens and legit?
You have to check the altcoins section, because that's not the right section for your thread, this section is specialized to "Bitcon discussion", and obviously ICO projects is not related to this discussion. There is many factors considered before trying to invest in this projects, you need to learn first how to choose the most successful projects which have good potential. |
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