i have been in the cryptocurrency field since 2014 and i have seen the brightest and darkest days of BTC but when i look at the current rising conditions of the bitcoin market i see that we have come a long way and most of the world is accepting the cryptocurrency payments and some lager brands are also connected to the BTC world. but sometimes a thought crosses my mind that will these conditions last longer and better in the future? what do you guys have to say about it? let us know We had been talking about Bitcoin's future too much already since 2017. "Conditions to last longer and better in the future?" Go back to years around 2011 and think about people thinking the same about the future of Bitcoin. Their future thoughts were happening right now. There could be people back then that were proven wrong right now and there could be people rejoicing that it is actually happening.
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Depends. When you hold it in an online wallet even if it is Bitcoin, your safety isn't guaranteed as you're not the one that holds the private keys. When you don't hold your private keys, it ain't your money. Consider buying hardware wallet for that or use desktop wallet if you don't have the coin to buy one.
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"she kept telling me if I invested more" At that exact point of conversation, I would call it out already. That's already shady for me as it seems that the dude or lass is indeed desperate to get your money right now. I feel like these are similar to those Facebook comments spam shilling some fake profiles claiming that they're Forex Trader, etc. If you invested more, you'll get $100,000? Dang doublers scams should be ashamed of themselves, because this one particularly takes the cake. You should consider having contact with the authorities. Once the issue has been resolved, you could move this thread to altcoin and lock it since it doesn't have any relation to Bitcoin.
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We might get a bit of price correction soon so just keep your money a bit but I highly advise you to keep on monitoring the price. One day you'll wake up and you had missed the opportunity as it surges up to 50k. You could buy right now if you want but don't go all-in. Just my few cents, for you never know when you're able to buy even more than your last buy. It could be the second or the last chance right now, you never know.
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Well because he has a lot of reputation. He is rich. Misconception is that because people believe in every step of his way and thoughts they think that he is always doing the right thing. People wanted to be rich so they want to follow rich people's ways and every words. Same applies to many celebrities even those spreading FUDs to crypto.
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Rid of any emotion. Trust me, you'll regret every single tiny bit of your decision if you let your emotions get into you. That happened to me back then when I was still day trading. Fear is common, because you're risking, OP. Trading tools are there to aid you. One I remember that I use was Bollinger band. DO NOT invest if the money is needed. Just invest something you don't mind losing. Don't focus on getting into full-time because you're still gonna test the waters just yet.
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Elon Musk, OP. To correct you. That's what exactly I am thinking these days if people were just influenced by celebrity. That would mean that anytime the hype will just turn off and people would start exiting the market already. I am not driven by anything from what I invest because it is merely my own money and my decision not by other people.
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That is a sure sign of scam projects and those who participate don this project should post this project to the scam section, so they can warn other people about this especially investors, a legit project should always honor its commitment to its bounty hunters promoters and the community, if they are honoring it, they don't deserve trust from investors. Who in the right mind would even stay in a bounty if the spreadsheet weren't being updated already? OP seems to point out the obvious signs already that the project is just going nowhere at all. Just something to expect nothing. Worse is that people still yearning and rooting for those. Creating unnecessary free advertisements causing investor to think that it is still a legitimate project.
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I just checked the site and it seems to load endlessly. It's been a while since I last traded in that site to finally sell my earned tokens. I am not sure what happened. I follow their Twitter account but it seemed that they haven't updated for almost 3 years now. Did an exit scam happened? Someone mentioned that were is fork of the exchange so I guess it is still up somehow in a different domain.
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Uhmm. Isn't it that when you invest, you're willing to really lose your money? Not just in Bitcoin but to other methods of investing as well? These central authorities are just trying to control people to not invest in something pseudonymous because surely they wouldn't be able to trace people's money directly unless they use an online wallet and get tracked to verified IDs.
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Now I am seeing where you're coming from. We're not sure if this price surge is due to that though. We're not sure if those investors were celebrity-driven or just plainly made their own decision in investing. I am not one of those. I simply invest because I believe in the coin. I respect Musk just as a celebrity but not entirely someone that could manipulate my decision on my investment. I swear if this price is due to celebrity's words. A one word against Bitcoin would be like Jonestown event where everyone exits out of the market.
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Not really. Stop loss is there for a reason use it. Sometimes people see altcoins plunging, not plumbing, as an opportunity to buy more at lower price but that depends on what coin it is. A shitcoin? Don't expect that many will buy for sure. Unlike those who managed to tank crashes like Bitcoin, many would still buy it for sure.
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INJ? Never heard of that coin, but from how you described it, it seemed to give a promised and good profits hmm. 400%? That's a lot. Upon comparing it, you shouldn't. That coin stood on its own and managed to get that high in price. Not sure if that coin is only part of pump and dump communities because I was never part of it anyway so be wary of that. The coin, from my assumption, stood on its own and investors wouldn't think of investing to any other altcoins that have the same potential as that.
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Ofcourse. I really don't like taking loans for investments(even if I'm sure of profit), not to talk of taking loans for things that won't be profitable. Will invest in something I'm sure will be profitable to enable me pay back and multiple the profit, but I wouldn't discourage people from getting loans if they have done their homework like you probably stated and are sure of earning profits from their investments. I believe this is part of what lenders should know about borrowers for the sake of the borrower and the lender. Who the heck thinks like that? Isn't financial freedom being overlooked by some people? Thinking that you don't have obligations to pay anything because you owe nothing to nobody. Sure you're gonna earn your profit soon but someone will surely screw your day to steal all those profits along with the interest rate from the loan you requested. If you can't invest right now, don't force yourself to.
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You won't find answers to everyone you sourced out because it is entirely up to the trader if the profit is at the "okay" rate now. You're the one who gets to decide. Needing money right now? I am sure that you're not gonna let BTC in your wallet right now and consider selling. If you need it, don't hold it. That's why people tend to hammer out the idea that you should invest the one worth losing.
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Selling bitcoins in such a situation would certainly be foolish. Selling before Bitcoin drops would be great. And so there is only one option, hold and wait for better times. Not really at all people though. Some would consider selling a bit right now because of the price surge we got recently. I do both selling and holding cause why not? You never know if you're gonna reach your breakeven again in your net coins held at this moment. For those who just jumped into the train just now, for sure holding is the best option for now.
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OK, tell me (by example:which coin, when, where) is making people millionaires in 10 minutes? And now tell me that you think how Bitcoin did everything to be where it is in 10 Minutes? What are you talking about? Take a look at really reputable coins, take a look at their prices 5 years ago and look at them now and tell me how holding is not paying off!? Are you able to do that? And when you are so smart tell me what you expect from reputable coins in the next 5 to 10 years? There might be surge in price right now but having a profit go skyrocket in 10 minutes is too unrealistic. Even doublers are disappointed to their schemes/scams that someone can be a billionaire within 10 minutes. Takes a year to grow a coin, dunno why would someone claim something like that.
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Anything related to bank now is all crossed out, because it is all gonna lead to jail. Your chances are p2p exchanges, not sure how would you do it but as what others suggested here that's your only way. Not sure if receiving your local currency from your friend from other country to be converted to your local currency would be applicable though.
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Thing is it isn't that easy for those platforms to be regulated. I could just build a website and fake out those volumes and rates and people would consider my site legitimate. It is just the lack of knowledge that many investors tend to have. Genuine platforms are sometimes backed by their own reputation but take that as a grain of salt because some might consider that paid reviews are common.
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You should be prepared that gas are the ones you would incur when you trade coins in the market. Take that as a loss from your investments as well because they're pretty much gonna chunk your profits like me when I was daytrading in EtherDelta and Binance. Got my coins stuck in a while but good thing I got a bit of earnings in my BTC that I can transfer to ETH for gas.
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