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Five common mistakes made by Bitcoin users:
1. Sending to the wrong crypto-wallet in an exchange
2. Not holding your private keys
3. Failing to find a good community/s to learn from
4. Not keeping hard copies of everything
5. Not using 2fa or saving records of the code
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Only risk takers earn high and get experience as well. Don't invest you can't afford to lose. Don't get in cryptocurrency if you don't want to put your money at stake. Don't invest in cryptocurrency if you know nothing about it.
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First of all everything in this world is a risky gamble..every kind of investment are risky too ...but ofcourse for you to be able to manage risk in every investment especially in crypto currency Investing bitcoin also very risky .But bitcoin is worth investing many people already know about it and it is easy to invest.
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bitcoin is not the foolish thing. It is an opportunity of a lifetime. bitcoin itself also has a good investment value, but it takes a good strategy and a plan also in order to gain profits.
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Bitcoin as a digital asset. Because the price is very volatile. And most people buy bitcoins to be kept as long-term investments. Bitcoin is worthy to be an asset with a growing value and a very crowded market.
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Ethereum is going strong or it is gaining a high value. The potential of ethereum is on the process going to the top secondly to bitcoin. Many cryptocurrencies are choosing that ERC 20 Technology. Many investors support ethereum. Cause low transaction fee,fast transaction. Hopefully ethereum has a bright future.
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I think it is the good time to start buying bitcoin cause the price is very low. It will become higher soon most likely. Right now you need to hold your bitcoin until the price increase ,then you sell and get more profit.
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Best time to sell altcoins is when the market going up.when sell makes more profits. sell your Altcoin in a high market and not in a low market. When price increase in the market of cryptocurrency, then I will go to sell my altcoins.
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The government wants is the complete control over their population and government won't accept why they can't control or gain from. Bitcoin will not give them access to people's account. They are afraid that it might be use in illegal activities like money laundering, smuggling and fraud investments.
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I also agree with you, before thinking to help others we should prioritize our own family first, And I'm doing that now. I believe that most of us both desire contributing to our society. When you are wealth, must be develop the social affect. Then I will use the money I earn to help people in need.
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In my opinion, bitcoin cannot be outdated, bitcoin is a king of the cryptocurrency and a blockchain. Bitcoins popularity is increasing day by day and its market capital is very high comparing to the other currencies. Many people like Bitcoin because of easy transactions, big profits and privacy capabilities.
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bitcoin now is one of the most trusted and secure cryptocurrencies. Improves Bitcoin in three main ways: it extends smart contract flexibility; improves scalability; and increases privacy.
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I think it is possible to happen, Bitcoin will reached its goal. Bitcoin has become popular, many people use it for different purposes. It will be possible if bitcoin system are continuously doing a better performance and movements to the market. But it needs a lot of time.
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