One of the reasons why you should buy Bitcoin and other altcoins in the market is because of the Consensus 2018 event in New York City. In the past Consensus events, Bitcoin has risen its value and stabilizes, and it would increase again when the event is officially over. From almost 2,700 attendees, there would be around 8,000 attendees this time. It means that there is no doubt that you should buy right now while its still on the dip. Just my two satoshis.
Yes, speculations of bitcoin pumping will make people buy bitcoin because we are all have one goal and that is to earn a profit. As for me I have reason too of why I am buying bitcoin and that is because I always have buy altcoin for my trading activity. |
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Yes, gambling is always considered negative everywhere. because gambling a short way to make money and remove money and negative reasons because it can cause addictive effects that can harm himself. being an addict is a bad thing and hard to get rid of and his life will be ruined. but gambling is difficult to remove because although it is prohibited to play it and supported by the environment that supports it.
The bottom line is that gambling is negative because gambling will damage itself and will eliminate what you have
Well let us not lump it all on gambling because there are other forms of trading that are addicting and can cause you to loose a lot of money the same way. I agree that gambling is addictive but that's why it's a choice just like forex trading or even the stocks and so singling it out and portraying it as something negative isn't fair to me and those that go on that tangent often don't understand gambling or have suffered somehow from addiction. Gambling is always portrayed negatively ever since from the old times and even in the bible it was always said that gambling is not a moral activity, but for me there is nothing wrong with gambling, its just an amusement and maybe it only becomes wrong if the money we used to bet is compromised and there is much more intended to use perhaps for family and leaving all responsibilities for our love ones just to gamble. |
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As i have known, money can make you buy anything (where money can buy) you like. In the case of bitcoin, it's a digital currency that makes you buy food or pay for the services rendered to you. So i think bitcoin is currency and is also a money.
Even if bitcoin is not totally a currency but still it have a digital value convertible to any true currency, it can be use to purchase goods and services therefore its a kind of money or an online money circulated over the internet. |
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The best place is Hardware wallets. The online wallets like Coinbase, Xapo but I vault mode.
As for me the only way to secure bitcoin is to be careful on using online activity to be not a victim of phishing and secure wallet password in an offline storage and making some multiple copy for back up because even hardware wallet can be damage. |
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Maximum time people often start to gamble without any plan, they start it just for fun and with the greed of getting rich easily. And obviously maximum of them just lose money but creates a habit of gambling and that causes losing more. And that time the player gets an idea that no-one can bet house edge and then the investment ads catch up his mind.
Well, mostly that is an instinct of the people to be financially free but as for me gambling is different story from investment because if we invest in that particular gambling site then meaning you are already a stakeholder of that gambling site or in the house and the more profit gain by the house then the more dividend you can get. |
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Well it is how it is and there will be people who will try to bring you down. It is entirely up to you to prove them wrong and make it a point that not all are scammers. You just cant tell them to stop thinking about it because it has been going on lately; a lot of scamming ever since bitcoins price skyrocketed November of last year.
Bitcoin in the first place is a crypto currency and mainly fueled by internet and it is an instinct of most people that everything in OnLine activity that includes money is a scam. We know that bitcoin is much popular on the the entire world and that is the reason that it was use to scam other people. |
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there are several reasons the government forbids bitcoin because buyers and sellers can not be known, in addition many criminals use bitcoin as an intermediary to buy weapons and drugs.
I suggest the government make a rule about bitcoin so no one uses bitcoin for crime.
Well, I think crime involving assets is everywhere and even fiat are no escape of that so even if bitcoin is decentralized then maybe they should not make that doubtful reason to accused bitcoin as crime related transaction. Bitcoin helps a lot of those good people living in a community and only few are making illegal, Maybe government will see the good side that bitcoin can bring to its people. |
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The question itself is the answer “PANIC”. Everyone knows cryptocurrency market is highly volatile and risky. And most of the people do emotional trading. They sell when it is crashing. And suffer from the loss. They panic and sell in the loss. What is the point in selling at low? One must wait for the market to turn green and bullish. The way to stop the panic is to not engage in panic-inducing activities such as day trading. It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead. The doctor says don’t put your arm overhead  If you are in need of urgent money than selling is OKAY but for profit, HODL is the best. Good point of view. Directly to the point speaking, it only means not to monitor its price daily because when its value is very low, it only makes you feel depressed until you cannot control yourself to panic and sell your possession that only leads you to lose investment. Those who are a newbie in cryptocurrency became a victim of this phenomenon. This is just a product of their fear to lose money which is understandable because it is human nature. But the longer they engage on this market, they will soon realize and learn from their experience that selling when the price is low is not the answer to recover from loses instead being patience is the best solution. So, it is really advisable that prior to engaging in crypto, you must fully understand its volatility concept. So, even when its price dump, you are not affected by its price and be calm. Yes, I agree that people who are new to crypto world is the one who are the victim of panic selling and that is normal because they have not yet experience the taste of being lose, since people has always a counter measure from the previous failure therefore panic selling is not a permanent for every person. |
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Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
The international trading industry and worldwide economic system is still bank based. It would take major adjustments and changes to abolish the banking system from the world exchange and even in a particular country's financial system. As of now, bitcoin exist even banks are still dominant in the market. The outcome of this relationship is yet to be reveal in the future. Will they co- exist sweetly? Will they compliment or break each other? Yes, as of now they are co-related to each other since most people who work in earning bitcoin will usually convert bitcoin earned into their local money and send it to the bank for savings deposit to use the ATM and can withdraw money anytime but if the world soon become fully inter connected then the crypto will dominant and bank will slowly vanished because people will doesn't use it anymore. |
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I was a trader awhile back, I want to say about a year ago now and wanted to know what the current state of the market is for the traders that are currently trading to this day? I know a lot of the current exchanges that I used for trading, such as Poloniex, are still around but aren't really being used much as before.
I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!
Trading of bitcoin and altcoins is truly profitable. Until now a lot of people are engage in trading and i also believe that there are new investors that currently invest in trading because there is a great possibility of earning great in crypto. Yes, bitcoin trading is still profitable because of its volatility, the changes of value in the market can make traders to be profitable by buying at low and selling once its values will goes above the buying value and even altcoins are still profitable like bitcoin by using some good technique. |
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do you experience that after losing on gambling that you thinking you will quit gambling for good and never come again to gambling but then next day you are already positive that you could win in gambling? that happen to me a lot when i lose in gambling but a could never leave gambling.  Yeah, I have same experience with you, the tendency of chasing the money we lose is very high. But I think that is not good, chasing it will only results on losing even more money. Now what I do when I lose today I play again after two to three days after. Quitting is hard to do.  Mostly it is a human instinct to get back what they had lost especially in terms of asset, if gambler's lose then they tend to continue to play hoping to win for the next round to lessen the lose or to win again, so its hard to think on quitting until such time that nothing is left to bet and that is the time of no choice but to think and quit. |
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Nobody can say for sure, but I believe that bitcoin will not only continue to grow, but it will be able to exceed the previous maximum several times!
Yes, its all unpredictable but the advancement of world's technology will make some changes of how people live including financial system so I believe that the rise of crypto currency is the rise of bitcoin and there is a great chances that bitcoin will be the universal currency in next of our future generation. |
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Questions and answers are keep repeating. Well, i will answer your quetion. Yes it is, panic selling will contribute for the price of bitcoin going down and down. Because many are afraid to loose more money if prices will continue to go down, they dont want to have a large loss,so they sell their coins. They dont know thay price will come back in time and will continue to increase in value.
Yes, that is why it was called panic selling because people will sell their bitcoin even in a low value to avoid losing all their asset, but how can it contribute the lowering price of bitcoin? So simply because it contributes the dump that makes more supply in the market and the more the supply the more it lower its value. |
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The main thing is the right money management. Do not invest a lot of money in one coin, diversify your investment portfolio. And you reduce the risks to a minimum.
Risk management is very important for every individual who have to venture on trading and investment because we all know that here in crypto world all is unpredictable and we all dependent on speculations based on project road map but in reality still the destiny of the coin will always rely on people if they have to patronize such platform, so market movement and changes is depend on the people. |
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I'm not a gambler addict and I just did try playing hi-lo betting sites but I already felt all those consequences and it's really the worst feeling when you lost. I tried to recover my losses but I still lost. That feeling stayed in me for 2 weeks. It's really makes me very weak.
You are not a gambling addict but I bet if you will continue to play gambling like you have started, you will soon become a gambling addict, the intense one we should say. If you would have played dice instead of hi-lo bets, I think there were more chances for you to win in this game. This is a big blunder if you go back for recovering your loss back because that will definitely put you in more loss. A gambling addict will always understood every time he loses, he's new on the world of gambling proven he need two weeks to bemoan his defeat. If a gambler wants to return his capital losses he will continue playing at every opportunity he has. I don't think he will be a gambler addict if he continues to sink in lament. Being a gambler addict need a strong mental not just courage and ready to bet. Keep gambling until there is satisfied pay your losses. Agreed, the only way to actually get out from gambling is to have a dramatic disaster that is connected to gambling, or to have a very high self-control, which most of the people having hard time to get. Personally I gamble for fun only and the fact that I stay away from games that I am not actually interested in the teams that are playing, then you chances of getting addicted is much lower as you won't find yourself gambling really frequently. No, why waiting such dramatic disaster before leaving gambling if we can quit without other consequences? we all know that gambling is an addicted activity that can ruin such relationship and financial stability, so think and decide before you are out of chances on quitting with nothing left behind your back and your pocket. |
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its not an new not surprise to every want because bitcoin is have an expensive value in term of currency value and also not possible bitcoin become number one among us in the future and virtual currency are the most powerful currency use around the world.
bitcoin as digital currency is fast to introduce using internet connection for the advertise of their importance.
Yes, I believe that it is one of the world's largest currency in the world even if bitcoin is not really a real currency like that on fiat but still it has a digital value as a currency with corresponding value unto every local currency in the whole world, that is why bitcoin is like an universal currency that every people on different corner of the world can enjoy by using it. |
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As an entrepreneur Your should have capital first, and you must familiar with the business which you are going to establish and it has to be a volume market. You are ready for the possibility that you may face when your operate, then had knowledge about how manage your own business.
Yes, before starting a business it is important that we know its nature and the best place to start on it and should have an advance vision for its market or who is the main customer for your business so that we can have an estimate for the return of investment or the ROI since it is not profitable if it takes long time for the return with reference to our effort which have been exerting on it. |
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First thing you hould know is, that you should not start in cryptocurrencies trading if you dont have any experience about trading or knowledge. This means, when you dont have ever tradet in the stock market, you will loose all your money. So before you start, you need to learn a lot about trading and about cryptocurrencies. This means you have to do a lot of researches, study stuff and more. So when you learned this and you watch the crypto market for at least three months.
I think the most comfortable way to start trading is to learn about bounty campaign and participate, after we have receive our bounty token then its a virtue of no choice but to trade it into bitcoin and there you will understand the value of your coin and the bitcoin, so later spare time to learn about basic trading and use your new acquire bitcoin to venture another trading with strategy base on your knowledge gathered about trading. |
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One of big problems of criminals is always moving a large amounts of money. Despite I am a bitcoin supporter I cannot ignore that bitcoin is very useful for solving this problem.
Well, being a decentralized system maybe criminals are thinking that they have more chances taking advantage to use bitcoin transaction since it is done anonymously that is why most government used this reason to be hesitant in crypto currency, but I think there is no such different in fiat currency because every currency have no escape from criminals of they tend to uses to. |
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If you are already rich, then banks will make you more rich because they will give you credits and with this money you can make more millions. But if you are poor and have nothing to invest to make more of it, then the inflation will of course eat its value! But your statement that banks are just for keep your money safe is very misleading, because if there will be a bank run one day, then they are not able to pay most of the account balances.
By comparing profit from crypto currency and those profit earn by bank interest then it is clearly we can see that bank will not makes people rich but rather banks gives asset security for those wealthy people invest their bank and in return the bank will will be benefited from the investor's money and only give a little percentage back to the investors, therefore I don't really believe that banks make people rich. |
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