I do think it depends if the car was a second hand or was used only for awhile then there will be a difference there, I think it is not worth it when you sacrifice things when the market is still unpredictable and the fluctuations is unstable.
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I don't think that banks will try their best to go against a new wave coming from the cryptocurrency, they may use it to make new opportunity to pave way for new mode of financing.
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I don't think that there will be imbalance between the worth of gold and bitcoin, but what I do think is that bitcoin is more flexible and can be used in many ways unlike gold.
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I think with all just one goal within our mind, I think we will not tap the whole potential of bitcoin. People are afraid that when they try new things with bitcoin they might not get a profit.
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What you should do when are just a newbie, you first need to learn more about the market. The good thing is that you have a friend where you can ask anything and everything about bitcoin. You should broaden your knowledge on bitcoin so that you might learn more because experience helps you to become successful in this market.
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If you want to know when the market will increase just go and read speculations but my advise it to study the pattern of market fluctuations in the market because the fluctuations of the market from the very start is unpredictable like how come did they expect that there will be a boom in the bitcoin price. As you can see the market right now is going through a hard times but I think, for those who wait they will see a light along the way.
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Slow and steady they say wins the race. Do not be in a haste to make it big in the crypto world. There is never a shortcut to success. Be contented with whatever you gain at every point in time. Do not look down on yourself because you see others make it big. A drop of water makes a mighty ocean. Your gain might seem to be small today. Your portfolio might not look so big. Just in a moment and with little more patience, your portfolio will see the brightest light and be filled above your imaginations.
This is one of the key traits of a person to achieve success in the cryptocurrency market, I really don't mind that I have no profits that is yielded for the time being but what I really like is that the longer you the larger the profit it yield, though there are ups and downs in the unpredictable cryptocurrency market not just literal but also metaphorical, I also should add that you shouldn't just be a patient person, you also must be calm and good at decision making because, you can't just be good at one thing.
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What I recommend to do when to find the right coin is to study the coin first: is the coin popular? is the coin gets a stable investors? will the coin survive the ordeal of unpredictable cryptocurrency market? does it yield a profit or just a break even? If the answers to these questions satisfies the current status of the coin then it probably is one of those of right coins. You should also checkout the market fluctuation of the specific coin that you want because there you can understand that the coin yield a profit or not.
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You first should learn how cryptocurrency works, what are the techniques, how to detect a scam, ask your friends who are also doing cryptocurrency business because you can learn so much from these people. Learning things about cryptocurrency takes a long time but patience is the key when you want to last in this unpredictable cryptocurrency market.
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I think that when you do not educate people that much then that means that most of the time they will not understand a thing or two when you try to explain by word maybe, it is easy in a way that with the right or proper medium they can easily learn things about cryptocurrency plus it depends on the level of the understanding of a person because we have different mental capacity to perceive as much information in our brain in a single go, watching informational videos about cryptocurrency helps a lot and lessens the effort to teach verbally. For me, the best thing to do so you can understand cryptocurrency is to simply understand the basics.
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It really is the best cryptocurrency in the market not just because of its versatility, security and worth but also for its popularity to many people, many investors still trusts bitcoin because not just it was the first cryptocurrency in the market but its popularity making the coin attractive. When you try to compare it with other coin in the current market, most of is doesn't survive within a year or two because it never became popular though it has the same attributes as the bitcoin they tend to slip away due to low popularity compared to bitcoin. Plus, bitcoin was the only coin in the market to reach a hefty amount of cash and it added to the popularity of once was a normal cryptocurrency called bitcoin.
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Bitcointalk name: pinggoki Rank: Sr. member Current post count: 364
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You should hold that coin because fluctuations in the market is very unpredictable, speculations about the prices if it is going up or going down is very useless when you do not have enough knowledge about market strategies.You can try to read the fluctuations of the market price of bitcoin and study the patterns of fluctuations, you might not know but sometimes selling at the right time is also a good strategy, intuition and guts are needed when you want to earn and not lose money on the market.
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Bitcoin transactions are irreversible.. Sorry to be the barer of bad news, but that's just the way it is. As soon as your transaction ends up in a block, there is no way to cancel it. The only things you can do is open a proper scam report on this forum, so at least other's won't fall in the same trap as you did, maybe try to track down the scammer (depends on the method he used to scam you... Most of the time it's very hard, nearly impossible, to track them down) and last but not least: learn from this experience... There is no such thing as a free lunch. Nobody has a magic method to multiply BTC, nobody will double your money without effort from your side...
He is right bitcoin transactions is irreversible because in a way it is to maintain to security of transactions but the darker side it offers is that most finds way to abuse this kind of system, there might be no way to bring back the money but learn things from it and what you did wrong, nobody learns in this world without making mistakes.
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I want to start investing in Trading someone can help me how can I start , What things to do and how ?
Answer so much appreciated thanks ..
In my case I learned how to trade because of my pal, I ask him to teach me how it works. And then he taught me and even give some links in youtube to watch and clarify the finer details with regards on trading. I also read few discussion here in forum to gain some tips and widen my knowledge. After all learnings I put a small amount and practise trading and after few days I could now able to trade without confusing.
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What will you do if after losing several times in gambling, you are left with only small amount of money and that money will be for your fuel or for transportation, will you still continue with the little you are left with? What if you lose?
Well, for me it is tough decision because If I lose then its done but if I win then great. If I was in that situation I will save that money for my transportation because how are supposedly come home if you don't have money? Hitchiking? If they allow you besides, this day is now dangerous compared before. Therefore, I will not fully spend my money in playing gambling and I will still leave some for transpo and for food.
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Are you sure you want to teach 7-year-olds about bitcoin. I do not think it's necessary because the child needs education at an early age. You do not need to rush to teach the boy about bitcoin. The most important thing is education and nutritious food intake I think.
Precisely, 7 years old kid don't need to know this stuff right now because even though teach them they are not fully developed to understand this things. Besides, children is supposedly learning a school lessons not about economics thing. Actually, they will not interested upon it since they ony know is to play.
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Indeed, in life failure is always present because this is the reason why we learn and why we strive for victory, because of this failure we tend to try again until we succeed and if we will put it in trading loss is a part of success. Everytime we loss we learn and after that we will try again until we make it. Loss is juat like an ingridients to a dish that will never be delicious wihtout it.
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