I do the same strategy as what you are doing OP. But I do not give money to the homeless or beggars on the street. I do not think it is wise thing to do.
There are times when the urge is too much, so what I do is I gamble one time, big time. I put all the coins I have on the casino on a single bet. If I win, I spend it all. If I lose, at least I satisfied the itch to gamble. This way I do not spend too much time gambling and lessen the risk of me getting addicted to gambling. Works for me for quite some time now.
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It is sad to admit, that there are proposed use cases that are made to scam people. These are project's that does not really exists but made an ICO just to get the funds of the people they scam.
There are also projects that are real but was forced to incorporate token or crypto solutions just to get their projects funded. These projects do not really need the token to make their projects or use cases run. So in the end, tokens are neglected and the price plummets.
But there are also real projects that blockchain and crypto contribute in the use cases. These are the projects that prosper. Unfortunately, there are very few of these projects.
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Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now? ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) If you have a good basis that the other coins will be performing better in the near future, then go ahead. But if the main reason you want the change is just that you got bored with the slow movement, then better think twice. Almost all coins are slow moving these days. You must be a good day trader to be able to get an advantage of today's market. Good luck whatever decision you make.
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Hollywood is made to entertain not to educate. It is made to inspire and to tickle the imagination. A Hollywood movie about bitcoin will do if you just want to inspire the young minds to take a look in bitcoin and its technology. If anyone wants a true status of bitcoin, a documentary is the nearest to a movie.
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Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
When you said, the near future, do you mean within 6 months? I do not think so. In my opinion, bitcoin will be remaining in this price range for quite some time. It won't be soaring high or reaching new ATH for a long time. Just like how long it takes to recover from the first time bitcoin peaked and fell hard. But bitcoin is so fickle, I can be wrong and suddenly push for new highs.
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A bear market can test your patience and discipline regarding your trade. So while we are at it, it is also best that we should try to improve our patience and discipline.
There are lots of opportunities too during the bear market. You can short some stocks, accumulate those low priced cryptos and evaluate your coins if they are still worth keeping. If they are not doing anything during the bear market, then maybe they are just trash that needs to be disposed of.
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Some friends of mine always lament that 'we need more stable coins in the cryptosphere' and I think that is highly achievable looking at the promising prospects that has been achieved by tether. It seems some upcoming projects are also promising to introduce stable coins. Is it possible to have more stable coins on the crypto market? What would really happen if we get more stable coins on the crypto market, would the volatility reduce?
I am sure we do. It will invite people to trust cryptocurrency if they see that there are a number of coins that is stable and not fluctuating all the time. It can also mean that those coins have real value because of their technology and more people are trusting them. It is just like mob mentality, they see a lot of people trusting crypto so more will be attracted to trust it. This will further stabilize the market for crypto.
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Smart people will not rely on anyone to do the analysis of the current market for them.
So is with wise investors. If you are one who relies on others to do it for you, then you are in big trouble. Most of them who claimed experts on bitcoin and cryptocurrency and the market do these to bait others in doing what they want to happen. Then they could easily control the price and benefit from it.
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It does not cost me anything to keep them in my wallet. I have already bought them so I might as well keep them. If ever they gain value in the future, it is well and good. If not, it does not matter now. I already scratched them as a loss.
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Naturally maybe gambling made to make people get money without any big works.
This is not true, most successful gamblers put their time and effort to develop their strategy into a working one. It's called working smart, and although we want this but not of all have the skills to be successful in gambling, and therefore we have to see that as the reality. That is not working smart. We have a very different definition of working hard. Working smart for me is generating money with no to the minimal effort without risking your own wealth. Gambling, no matter how you put it, is risking your money. There is no working strategy just plain luck.
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That is the problem. Bitcoin is a decentralized structure but we are operating on a centralized exchange. It truly beats the innovation that bitcoin provided. If you can get someone you can trust, it is best to have a person-to-person transaction.
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For the past few weeks, we have seen that the support is strong at above $4000 and the price is slowly having an uptrend. For me, this shows that it is slowly developing into a bull. Maybe in a month or two, we may start to see a bull run. It may not be as high as the previous bull run bu it can be a good start.
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From shitcoin we will make a concern and only to fill in an empty wallet, shitcoin does not last long and the time is there to throw it away. And with shitcoin, then as a springboard to be able to collect more potential coins.
i lost my 90% of money in one year for these shitcoins. if you see the charts of last year you will see almost every altcoin drop at least 95% of its ath. dont take coins that have no real project. It is not only the shit coins that tanked last year. Prices of almost every coin and tokens plummeted. If you see your coins stagnated during the bear market, then those are the real shit coins. But if your coins are continuously developing even when the price is tanking, then those are keepers. Those coins will prosper when the bear market is over.
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If the market crashes, we will resort to cryptocurrency to protect our cash. I think you are right when you said that we will treat bitcoin as gold when the market crashes.
Bitcoin was born when the market collapsed in the 2008 recession. And most of us learned from that already. So if some signs of market collapse appear, we already know what we will do.
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As long as we can choose good ICO, everything will be profitable, poor market conditions have made over 95% of ICOs unable to reach softcaps, so be selective in choosing ICO that is profitable.
That is the difficult part. Even projects that are supposed to be good because they have excellent use cases and managed excellently are tanking. You cannot find a good ICO to invest right now. Even if you have, you are still not assured it will have a good market price after. You can risk for a good ICO but you should be willing to tank it long term.
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but at least it's something technological valuable, unlike tulips which does nothing.
what tulips ? can you name one ? there alot of tulips online but some people also consider crypto as one , just because they see that the value of crypto can rose and drop instantly . they dont know that its only normal . He means the Tulip mania or Tulip fever. It is a time in history when the price of a bulb when extremely high. You can google it. Fluctuating price is not normal and should not be normal. We are just considering it normal because we get to accept it. There will be a time when the price of bitcoin will stabilize but not yet now since price can still be easily manipulated.
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I thought CRYPTOS is a movie and not a TV SHOW, but that is not what i want to tell here.
There is a movie titled Crypto with an initial release of april 12, 2019. And there is a series under development titled Cryptos. Though, it is not a good idea in the so called show! they used the cryptocurrency in doing bad things such stealing money.
We cannot say that yet. there is not much information about the series yet because it is still under development. It could be something positive about cryptocurrency.
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They can fake their volume but that does not mean anything because you do not trade on CMC. You trade on exchanges and there you can see the real volume. CMC is good as a reference only and that's it. It will be foolish if you act only on what you see on CMC. You should do your due diligence and make good research.
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In Crypto World, Gambling is fastest way to double crypto. You can doubling your tokens to 2x,3x,5x and more than 10x. But to play Gambling is difficult if you play without knowledge. Why i say Gambling is way to loss ? In Gambling website, you can see review of users how much tokens they won in gambling. But, you don't know how much they deposit to play gambling. Most of Gambling users history TOTAL BET > TOTAL WIN If my post have any incorrect, please reply This post is totally contradicting itself. First, OP stated gambling is the fastest way to double, triple and even x10 your crypto. And then he said total bet > total win. How can that be if you are doubling your crypto? Then he said you cannot know how much they are depositing yet he came up with a total bet>total win. Everyone can state this, but we can only qualify this as facts if there is real data backing these statements.
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Hello! We, all crypto users are wish a long life to bitcoin to it continue to bring us some extra profit on different ways. But one day something new will replace bitcoin. My question is - how many year you give to bitcoin before it will turn totally useless?
If we look at the way how technology updates, it will only have a very short life span. But since because bitcoin is a currency, I do not think it will come to that. It will not be totally useless. Just like how fiat is becoming outdated because of online payments and the use of cards. There is a better way to make payments but we still use fiat anyways.
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