So from all the conclusions, I feel that bitcoin is sufficient as a long-term asset store. besides its volatility which is often the basis for everyone not to agree as a transaction tool. yeah and so far the central bank used to say that. We are very concerned when a bunch of rich people play finances in bitcoin just to invest. while those of us who are bitcoin lovers and users think it is more than that. Even in a bubble, we are still with Bitcoin. other thing with rich people, they will leave bitcoin. that is the basis and strong reason that we do not like that kind of seculation.
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Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=875468Current amount of posts (including this one): 1437 Amount of EARNED merit in the last 120 days: 6 bech32 BTC Address for Payouts: bc1qrf64uqhw4sqhpmk5g8rev5fwsxxsd7nesmevh6 Will update Signature and Avatar once Accepted
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In essence, altcoin have trend-based movements, so to avoid shortcomings your portfolio always manages regularly and is also alert for declines. besides, ADA has been experiencing good growth lately, so it should be checked, maybe it will be corrected again. before that happens, take advantage of the profits while you have the opportunity. then, end with bitcoin as a whole. altcoin only for the short term.
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So, when FUD was implemented, didn't you feel like someone was going to take a risk? So let's see if March actually turned into a bearish month or it turned out to be an unexpected month. because the growing market often takes advantage of the news, so those who are well prepared can take over first. and we were trapped by FUD.
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You don't need to worry about anything because you really made 200% profits when you sold your Cardano, but if you had enough patience then you might had 1200% profits but its not a story to talk about right now since it happened already.
A coin may rise or fall depends on its demand so it is impossible to tell for any coin about its ATH.
he won't be satisfied ,, especially with CARDANO lately making him even more stressed. As we know, the ADA target is increasingly ambitious to continue providing great support. supplied by Middle Eastern investors, then I feel natural that even though he has already made a profit, he still says it is lacking and lacking. there is no satisfaction if we keep looking at the ADA graph every second.
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As you might expect, many of these people believe that Bitcoin and all other cryptocurrencies will not benefit the economy, but rather only make it worse, and many are convinced that Bitcoin is yet another pyramid. And what upsets me the most is that among these people are economists, financial advisors, they should know better, than that...
So how do I prove them wrong?
Unfortunately, those who are highly educated on average, can easily say bitcoin uses a pyramid scheme system. I am confused whether they absorb lessons or not when they are in college. because such a formula is a basic formula. well the pyramid formula they say. and strangely enough it applies to bitcoin? funny what they believe has violated their scholarship in the field of economics. oh, yes my friend, I suggest to you, that you do not convince economists with theory and also some arguments. it will be worth it. all you have to say to them is "it's up to you" because you know, in the field of economics they can make arguments as well as eloquence in debate (as if they know the ins and outs of the economic flow). while the fact is very far away, it is evidenced by their words regarding the pyramid system with bitcoin. I'm sure the person in the photo will laugh when they hear what they say
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Psychological warfare using memes, it doesn't matter because with the younger generation taking part in the growth of bitcoin, they will be more aggressive in fighting back and of course their souls who still have high morale will be able to overcome the attacks of the launched institutional piahk. We all know that the current generation is easy to turn things around, didn't the aggression that stopped the Nazis stem from the dislike that was spearheaded by young people. especially in the era of highly sophisticated grobalization. I am sure they will be able to handle it. Thank you Elon, for bringing the younger generation in and contributing to the growth of the cryptocurrency industry.
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Well, if I had Bitcoin, and if I believed that Bitcoin will one day reach $1 million, I would never take loan against it wither, because whatever small the interest of loan be, is actually my loss, when I can simply avoid that by just holding my Bitcoin and crypto assets instead of giving it to another lender or lending business then take fiat and then use fiat for use and repay back the loan. Secondly, if I would be borrowing fiat against my crypto, obviously I would must be having some source of income to pay off that debt with interest so that I can have my whole crypto back, so why wouldn't I just use that fiat income to meet my needs and let my crypto hibernate as I hold!?!
Well, the point is there is a calculation when to borrow, but I will not do it for any reason. plus the interest per month will burden us. automatically pay 2x the loan amount, won't this be stressful for us. to avoid borrowing and believe that bitcoin will touch $ 1 million. gradually it will happen.
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That's right, I experienced this too, armed with the excuse that seeing altcoin growth almost all of a sudden, as a trader who doesn't want to be left behind I jumped back into the altcoin and instead forced to wait the wrong way, creating queues at green time was a mistake. so I only have 1-5 minutes to resell it (not to hold). like playing table tennis. however there is a risk of being covered when the dump does not recover. all left at a high price. while the bitcoin trend is undergoing a sad correction, altcoin are getting carried away.
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It looks like, it's not over yet, we still have confidence in the over $ 50,000 increase back and I think this gives us a new boost. where a growing issue turns out to make bitcoin grow more confident. believe me bitcoin won't stop and fall here, but for altcoin i'm pretty sure, and it will be hard to get back to a price over its ATH.
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not all who have it under the market capitalist are good, so we must examine them first. with the SOL and Ethereum options you mention, these are almost everyone's favorites. and it doesn't sound new. do some investigation and have a look at based on market growth.
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maybe you can make the opening in the forum a little different from the others, because to be honest every newcomer / beginner always creates almost the same thread, which is about Satoshi. You will only be laughed at. and to avoid that it is better to create a thread by building a discussion about bitcoin and the latest news that is currently hot regarding the growth of bitcoin. and one more thing, everyone in the forum will not believe in Satoshi identity, because as a form of our respect for him, it is not to stalk his real identity. ..
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Simply put, the current growth of crypto has become quite significant, so when a fall in the market occurs, we all panic between returning or stagnating and falling even more. that is the trap the whales set on small traders like us. not only you, personally I also like that. However, instead of seeing the red conditions going on, I better not visit the market for a while. because it will affect me mentally. Well, you are right about the panic that happened, but in the crypto industry things can change in unexpected times.
I chose not to visit the market, and always believed that after red there would be green. it's already a cycle. the most important thing is that we are right in choosing crypto.
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quite a rational analogy, but not completely, we also forget that there are some experts who are precise in analyzing bitcoin movements. So everyone has a possibility in terms of crypto trading. So far the analogy you have tried to give, is very suitable for what we are experiencing at this time. quality depends on the quantity value of an item.
only partially, and not all of it like that.
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I think what other people say to be patient is not wrong. it's just that you are not careful in reacting to it. So what you need to do is be patient in the proper fields, they just say in general contexts, so you have to take them personally and adapt them accordingly. It is true that overall the meaning of patience will not produce results, but if you think more realistically that many people are patient with holding their crypto, get good results. back again to what crypto you hold. because the decisions you make, not they decide.
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with moments like this, how could an Elon not take advantage of the condition of bitcoin which is being corrected. Obviously he knew earlier than us he had even stocked even more. he will be enthusiastic about making massive games.
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so what is the gist of the text you want to lay out, give me the correct conclusion. because the essence of everything, depends on your own understanding. summarize, and show us that you really understand, before you give understanding to others.
make 1 paragraph from the thread above in simple language and can be understood by us in general.
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How is it not called Fomo, almost everyone thinks mining is the most effective way, but with insufficient supplies and only rely on the words of many people. yes, I heard this news, and some say the pandemic is making the huge flow of interest in crypto even higher. until finally Fomo told them to take a shortcut.
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You're right, maybe the only way for Nigeria right now is by p2p. although still it indicates a Bitcoin transaction. whereas we all know that regulation in Nigeria is very unfortunate. must receive quite heavy sanctions, if the government detects an exchange. so as much as possible Nigeria should be able to learn what India is currently doing to overcome obstacles in Bitcoin transactions.
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