As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks
yes patience is the key, there are a lot of traders in the market who are losing a huge amount of profit because they tend to sell their coins at its lowest price when they panic because the price of their coins is melting. |
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I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
You need to be smart if you want to become a trader, you also need to learn how to handle your feeling when the market price is decreasing in order to avoid panic selling that will make you lose a huge amount of profit. |
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Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
You can skip meals sometimes if you work on corporate world and if you are having a bonus salary on your day job then it was better to save it up or try to invest on cryptocurrency because you can surely earn profit depending on when you invest if it is in the right time. |
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Guys sorry for this question above but I would like to ask here that
What is the difference of Trading to Investing?
though I know that I can search it in google but I want an answer from those people who have already experienced this two.
Thank you.
I hope you can help me in my confusion..
Trading is somehow just the same as investing, you can invest a huge amount of bitcoins and start trading in the market but if you are afraid of trading then you can just hold your coins and wait for it to grow before selling. |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
Cashless society is really good because there are people in the corporate world who are working very hard and earning just a few salary but with cryptocurrency, you can earn more money more than you monthly salary since the price of bitcoins is keep on increasing. |
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What do you think are the effects of btc in your country? Because in my country it thus not affect the economy of ours. Share yours.
Here in japan, our economy is really great because the government is using bitcoins to improve our own country, in this way they can have more funds to built infrastructure it only means that the governments are less corrupted more than other country. |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
Its better to invest on cryptocurrency you are interested depending on how much capital you have today or wait for a huge dumping price in the market before investing to earn more profit, investing is a very good way to earn more profit and start trading in the market. |
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Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here: https://daringtolivefully.com/powerful-beliefs-about-moneyOne famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book "Rich Dad, Poor Dad", he examines two different beliefs and states that those believes will shape your success. What of these do you agree with? What other beliefs do you have about money? 1 - Millionaires are greedy, that is why they become millionaires. 2 - Company managers just want to use the workers to make themselves rich and others poor. 3 - Having money is a question of luck, if not of "gods grace". 4 - Debt is always bad. 5 - To make money, you just need to have a great idea nobody thought off. 6 - Cryptos are the way to make money and be successful without having to put effort into it. 7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that. 8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake. Your turn to think ... (EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.) I think that most of the millionaires today are still trying to look for another way to expand their resources either by starting a business or working on the corporate world because money makes the world go around. |
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Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
Actually those governments just like to place a tax on cryptocurrency because there are a lot of people today who are earning a huge amount of profit and governments cannot take any taxes from them so they want to add more regulations. |
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OMG! btc prices continue to decline, most likely the price of other coins also decreased.
we need improvement in the face of this situation.
in my opinion 2018 really a lot of surprises.
Its normal for the prices of bitcoins or other cryptocurrency to decrease sometimes because there are different occurence on other countries as well such as FUD and it might help the bitcoins to increase its price or gain popularity depending on the news. |
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I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
Bitcoin is just an asset before when no one is interested on investing on it but as the time goes by, there are people who became interested on cryptocurrency and it makes the price of bitcoins to increase even more in the market and now it become a currency. |
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When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
You can always check for the stable price of the coin before investing in order to determine if you are going to earn profit or not because most of the traders are just investing without any ideas about the market and that is the reason they are losing their own investments. |
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Do you think Bitcoin can help out of school youth to finish their studies or not?
For me in some other way yes it will help . It will help young people to gain insight on how to earn money and how to value the money they earn. But it may also be the reason to them for not continuing their studies because they earn already a lot of money on bitcoin..
Yes, bitcoin can really help different people to get out of school youth because price of cryptocurrency today in the market is keep on increasing and if you are good on trading then there is a huge chance for you to get wealthy in just a few months. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
The dream of getting rich someday is very possible with cryptocurrency because there are a lot of people today who invest on bitcoins before and become very young wealthy gentleman today so try to earn more cryptocurrency while your still young. |
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Investment is a better choice than saving, this is because with invest then we can get a bigger profit than relying on bank interest that is not more than 20% per year.
I do agree on that, investing is the best way to earn more profit because in this way you can multiply your coins if you have a decent amount of capital to spend. I always try to invest on bitcoins if i have and exceeding balance on my account because in this way i can make my coins grow. |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Bitcoin will always defeat gold because the price today is keep on growing and if cryptocurrency will be fully accepted to other countries as well then there is a huge chance of bitcoins to be used as the currency nation wide. |
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I was wondering which one was your favorite out of the two cryptocurrencies? I think Ethereum has proved to be more flexible than Bitcoin even though Bitcoin is making the biggest noise
I always prefer bitcoin over ethereum because it is more profitable and the growth is much faster as well more than any other cryptocurrency, i doubt that people will invest on other coins if the prices of bitcoins will be only cheap. |
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
There are different types of country in the world and not everyone is positively being affected by cryptocurrency, some country can be destroyed by bitcoins because banks will lose some of their own investors and that's the reason why the price of bitcoins is decreasing sometimes. |
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i had about $200 worth of bitcoin.
How can i earn more with that amount?
should I trading? or make an investment?
and please give me some trusted site to investing my wealth.
**i dont want to give a loan, or else.**
if you had some advice, feel free to tell me.
really apreciate it.
thank you.
You can start investing on the market a huge amount of bitcoins and start trading in order to multiply the number of coins you are holding or you can start a mining hardware and the only problem you will get is electricity consumption. |
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When we will use cryptocurrencies ofr our everyday life?
This kind of plan will happen in the future because most of the government today are banning cryptocurrency in their area for different reason's either they are being affected negatively or other companies are complaining about the growth of bitcoins so it will take time before bitcoins become the next currency for nation wide. |
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