I also have no words to recommend you sincerely, but the most important thing you should have is patience, if patience holds you will profit from your pennies.
Well yes patience is the key to success on the cryptocurrency investment. However, it is not only patience that become a highlight in order for one to be successful on bitcoin investment since you need also to have a good knowledge in technicalities on trading and other aspects of bitcoin investment technicals.
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I believe that in the future if the Bitcoin price becomes more stable, that it could potentially be used as a currency. For right now though it still remains too volatile.
Being a volatile on its market price does not have any relevance to bitcoin as a failed currency. When you say currency actually it is a medium for an exchange to a transaction being made and as we all know that bitcoin had it like when you invest in an ICO projects where BTC could be used as a payment.
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Yes it can be hacked because hackers always find new ways to hack. We are required to 2FA to avoid wallet being hacked. I will prefer to use hardware wallets like trezor to have a better experiences on using wallets. Don't use web wallets.
Good suggestion those hardware wallet are offline wallet that you could get use to store you crypto and the best thing is that no one could even sneak upon through the internet and phished out your digital wallet. However, there are some online digital wallets also that are really secured like MEW for the ERC20 coins. I do believe on this wallet and it seems very secured.
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People with closed minds cant understand bitcoin whatever we do to prove them that bitcoin is not scam.but i still want that bitcoin will becaome legal in al country so that people like my friends that dont believe in bitcoin will see the truth
Well i have sympathy on you towards your liking with the bitcoin system. However, we could not speculate that bitcoin will be legalize around the world because even the ETF that is being discussed by the lawmakers in the USA has disapprove the system because there are needs that the system needs to address and that is the anonymity problem.
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Yes many are more poorer due to too much greedyness why? After they receive some tokens or rewards they instantly do the excha nge,they dont matter to put some investments for more profit for the furure,because we cant notice that it will suddenly grow More bigger.
No the reason for being poor like as bounty hunter is not dumping of tokens after receiving the reward rather we are poor already and we need to dump those tokens to get financial back up with the needs for the family. Anyway being poor is not a crime or something that violates the rules of law.
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There a lot of cryptocurrencies that you can invest with profit in future. Aeternity, i think, is the best chance to invest. Nebulas has big potential too. If you have enough money invest in ETH
There could be so many crypto to name with in the first place to invest with yet all of these are alternative coins for ethereum or either bitcoin. To make the story short the best cryptocurrency to invest are those crypto that stand among others and that is the ETH and BTC.
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Bitcoin has been able to withstand the support at $6000 which it has been bouncing off. That has prove to be a strong support and meaning that bitcoin will not go down below $6000. I do not think that bitcoin will continue to go down the remaining of the year rather i am expecting a rally that will take us to the end of the year.
Yeah i thought of this also since the market price for bitcoin does not fall down below 6K USD. Meaning to say that bitcoin has been backed out by huge investors that could stabilize the bitcoin market price as the current market situation because if there is none then definitely bitcoin had fallen already below 6K USD.
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The best time to buy was several years ago. The second best time is now.
I'm pretty sure that bitcoin will reach another highest value in this year. Imagine if Chinese exchanger also operated once again afer being regulated , this will be a great / positive toward bitcoin value. I'm usually spend my monthly salary for investing bitcoin without any doubt because I've trust bitcoin over 3 years and keep counting until now Well taking advantage on the current market situation will let you get bigger profit than those who are thinking that cryptocurrency will going to fall. This is cryptocurrency and there is a high volatility on it that includes getting a good market price increase and huge market price fall down.
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I wanted to ask this question and now I don't.Because I opened CoinMarketCap right now and found I had missed the best chance to get it. It's getting growing now and at a price of $11,075.80. Rush to buy!
Well good thing to have coinmarketcap.com to check bitcoin and other crypto in the market with their prices. As we all know that we have to take advantage on its volatility so that we could earn here in cryptocurrency. Some are doing short term investment and some are doing long term investment. Either way both of the terms are good to earn profit.
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Many people use cryptocurrency and most of them are altcoins and tokens, I think so many people should know how to run it along But learn at the right time
The gradual use of the crypto coins and also the general adoption is what that we do the magic to the crypto world For now i think the world is not yet ready but as what others say that it will be soon gradually when cryptocurrency will be promoted to every countries around then there will be no reason that world be ready for cryptocurrency. The system has still a lot of things to prove for the world to know its worth. And we should keep on relying the highlight of cryptocurrency and that is the BLOCKCHAIN.
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What happens if you are in a third world country and there is massive corruption? You pay taxes and there are no roads, schools, or any essential public utilities. What you do see is the politicians and their cronies getting richer. Would you still argue that everybody should continue paying taxes?
This is a good question paying taxes does not guarantee that you will get a good life in for it will help us in back in some other means. I do honestly observe this that in third world country taxes are very high like it puts a very high records all over the world but still does not compensate the needs of the poor.
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This is normal phenomenon, people invested their money, understandably why they worry.
Well as human as we are that is tangible for this doubts and confusions plus with the FUD's out there make you feel stir and agitated with emotions especially if you have huge investments that literally fall down up to 50%. That is a great loss and if it will going to continue the more loss you will get in the near future. Anyway hopefully market price for the cryptocurrency will recover sooner.
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Yeah definitely people nowadays are storing already bitcoin and the good thing is that they can able to get more profit in the near future especially if there will be bull market to happen in the next few months. I am still positive that market will going to be good in the peak season of the year 2018. Well just be ready on it.
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When will we hit a critical point at which there's just too many lost bitcoins due to someone loosing their wallets, dying or corrupted hard drives and etc? At some point this is bound to happen right? I know that for the time being, low circulating supply means that the coin will increase in value but how low can it get before it starts to give diminishing returns and actually inflict damage to the system? What would happen to crypto in general if all of the coins and altcoins will suffer the same ending?
I think there are only less situations that are happening like this when one will going to lose bitcoins because of his digital wallet that could not be accessed anymore due to some reasons. Well yeah it could be something like that to happen but it will be minimal because most of the investors are smart doing back up for the important keys to their digital wallet.
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I do not really know for now because basing on observation if you will send bitcoin to a valid digital wallet address then it could not be undone and you could never get back your BTC. Aside from that if the coins being sent to a digital wallet which is not being found then it will not going send and it will be lost in the air. So doing btc transaction should be a habit of checking the wallet address before sending BTC or any other related crypto.
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I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
It is paying off actually and the good thing is that there is some serious profit also involved on it especially if you had invested huge amount of money. The profit could be huge also in this way of investment. Aside from that we could consider also the fact that bitcoin is still increasing in terms of the users around the world.
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Do we need to compare the internet inventions to cryptocurrency or bitcoin? I guess this should not be compared because these are two different innovations and their application also is different. Aside from that the people now had so much diversities and does not focus on the internet for there are other people also that are not really used to internet.
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There is no way cryptocurrency will die and it never happens that bitcoin died also. I guess it is only the term refer to bitcoin is dead when market price fall down yet there is no sign that bitcoin is dead when there are many investors on it still awaits for market price for bitcoin and other altcoins to rise or recover.
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If you think that you are ready to join the bearish market for now with cryptocurrency then you can invest now. There will be no question for that because joining here in cryptocurrency has high risk. Whatever you do in your money with cryptocurrency if you will going to invest just keep in with your mind about holding. Just really hold for it or day trade it but do not sell it when market price is down.
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But gold market price will be high also if that is the case. Well as we all know that gold could be mine and there is no way that gold will not be found or there will be a shortage of gold supply. So probably bitcoin will not going to be affected with gold perhaps people investing in gold will going to consider bitcoin's worth of investments.
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