don't use a online pc to store private keys. Keep your passcode safe on linux servers so that it is away from intruders.
Trust no one but yourself, keep security as of topmost priority. Keep your wallet secured and store it in safe place. Use strong random password that is hard to be recognized by someone and that only you know about it. A backup of your wallet can also protect you against computer failures and many human mistakes. |
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I don't care about the short-term price drops. I'm in it for the long haul. I simply won't quit bitcoin even if the price drops back down to 50 cents.
That being said, I'm in it for the potential of bitcoin to free us from having to trust banks and fiat currency. The dollar is something they can print and money is just a tool.
I don't think the bitcoin project would be any more successful if the price was at a million dollars. Real success would be freedom from the banks and inflation. I would see bitcoin as successful if you can use it to buy seeds and sell fruits, to buy food ingredients and sell food, to eat at a restaurant, to hire someone to help you with a project, to be paid for labor, to save some money in an inflation free currency.
We can definitely get there. By the way, I know it's been mentioned a lot before in the thread but the price is still really high. Just a few years ago it was below a thousand.
I wonder what the conversation would be like if the price had really crashed (like at $200 or so).
I don't think that the game is over for Bitcoin. Bitcoin has come so far and there's more to come. Volatility is a normal trend in the world of cryptocurrency and we must learn to accept that reality. There may be controversies but I believe that it cannot in any way ruin its total excellency. Bitcoin would not have lasted longer if it did not deliver and perform well. Minor correction is part of success and growth, let's all stay hopeful and patience. |
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I think it's when to see the price is down because I don't know how much the price will down. I think right now, I only watch the market flow and I am sure that the crypto market will rise again. I don't feel too afraid now because I see that this will happen in many times and this is what's going on in the crypto market. As long we can stay calm and not panic, I am sure that there is a way to solve every problem so we can still make some profit.
And when the crypto become $0, I cannot make money again from the crypto, and I think that is the time for me to search another way to make money. But, I don't think that the crypto market will be like that because cryptocurrency still a new thing which does not reach all people and cryptocurrency have a big chance to grow more in the future.
Volatility is a normal trend but what made me worry about is the length of time it can recover from crash or maybe it can decrease further. I'm worried about those investors already losing big amount of assets but it's still taking too long for market recovery. However, I still believe that patience is truly a virtue and market can potentially bounce back. It takes time but let's all stay hopeful, positive and committed. |
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markets and crypto currencies are red or experiencing a decline in their development, here are needed investors who have confidence and patience strong enough to stay in investment
Looking at the chart can be helpful inorder to be aware what's going on with the market, but sometimes it can be very discouraging and distressing. However, I think it's not the first time it ever happens, market has been very volatile for years but it was to manage for its recovery. Don't lose hope, stay positive, and patient. It's not all about winnings, sometimes we need to go through a certain stressful situation for us to become stronger and wiser. |
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twitter is the open social media, every people in the twitter can talk with their own word on twitter, so i think bitcoin price and value and news will very popular in the twitter, every people in twitter can watch this news and anythine sle
It is one of the platform where people can share their opinions and interact on certain topics like Bitcoin. It can reach to million of people from across the world as it's one of the most popular social networking sites. With different point-of-views, either positive or negative, it can have a big impact in the price of Bitcoin, it could slow down or rise, depending on how people interpret the feedback or on how impactful the opinion is. What's important for me is to have my own perspective and understanding of what Bitcoin is. If you are fully-aware and have fully-understood what this technology is all about then no matter what other people might say against it, you would know how to respond and where to stand without having to lose your interest, trust, and belief because you know the truth behind it. |
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If someone wants to do fast trading, it is likely that the internet network is needed for the smooth process because with rapid price movements traders don't have much time to keep holding it back to anticipate future losses.
Indeed! It's very important to be knowledgeable, and be on the look out of what's new and what the updates are to be informed and be creative in making decisions. Buying fast and selling fast is a good strategy but it all depends on how knowledgeable you are with what you are dealing with. It's not all about what works for others also work for you, it's about finding your own strategy that works for you and sticking with it. Continue learning new things and don't be afraid to fail. Learn from failures and grow from them. |
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7038 ain't not to bad ...... why wouldn't it be possible ??
You are a 'ray of sunshine' I myself am losing 'faith' with all the FUD in the world about crypto and BTC forks and the rest... I'll be ecstatic if/when the BTC price could get back to $6,500 BTC a bit after Jan 1st, 2019 ...at the way things are going... I like 'your' version of the future better, however ..knock wood... The fall in price is not only dependent in one factor. Market is not at its best for now but at $5573 is not that bad. I'm still hopeful and positive that before December 12 it can move a little higher at $7k. Nothing is impossible, so don't lose hope. There's still a big chance for recovery, stay persistent and be patient. |
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The fall will not last forever this sooner or later will come to an end and I think that 2019 will be more productive for the crypto currency !
I see the year before the odd year Bitcoin experienced a very fantastic price increase but in even years the price of Bitcoin tends to decline but not until the initial point of increase now we are waiting for 2019 for the rise of bitcoin. Year 2019 is another year for Bitcoin yet it may seemingly be uncertain as price keeps on moving ups and downs unpredictably. It may crash at times but I think it's just temporary because I believe that it can potentially recover. No need to rush things, don't panic, these are just minor correction. While the price is low, learn to strategize, be updated, and take advantage of the crash, buy low, hold, and be patient to wait for it to bounce back. Keep hope high and strong. |
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Very hard to predict the future, but to start trading when all crypto dumped more than 80% will be good times because the price has potential to going up because the price oversold. We have to use stop loss in trading because level support can be resistance, the price of crypto really unpredictable so we have to create better management of risk.
Of course, the risk that you can fail is still very high. However, it is really the truth - the prices of the cryptocurrencies fell a lot. Now, the time of the bull run will come, and the tokens will go up. To start trading is to set plans, goals, priorities, and most of all is to be prepared. It is important that we are knowledgeable in what we are dealing with. Knowing what to expect, and what tools you need, will help prepare you so your entry into trading goes as smoothly as possible. Acquaint yourself with trading ideas, study the market, consider finances, and establish your purpose for trading. |
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reduction in risk != rise in profit; it means safety, nothing more - nothing less.
Yes, even though it reduces the risk but it doesn't mean you can freely get the profit. Because, it just minimizes the risk like you said. It looks dumb when someone said that you can get profit without no risk, in reality that's really bullshit. Risks and losses are part of the game but we must learn to accept that reality but don't let it change your goal to succeed and survive. Learn to spread your assets around, it gives us the chance to achieve positive returns in one market when another market is generating negative returns. It's important to be prepared and be informed, aim to learn more about its nature,stay committed and focus. |
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I think it will be difficult to make Bitcoin the real currency. because every country in the world already has a national currency and they have been using it for years. and the value of bitcoin is also very volatile so it will be difficult to determine the price standard. and also finding a store that accepts bitcoin is also difficult maybe only in countries that legalize bitcoin we can find it and the amount is still small. so I think bitcoin is only good as a trading commodity and investment tool. not for payment instruments.
People will go on using their national currencies, but they can also use the crypto. It is a choice of each person - what to pick. For some guys, Bitcoin is much for convenient than fiat. oh of course that and whenever national currencies will always be used every day even though there is now a faster currency to do online transactions, but for crypto it will certainly also be used temporarily online, because there are not many stores to use offline who understands the crypto world Bitcoin is quite broad, many find it strange and are unaware of what this technology is all about. With the tremendous evolution of virtual currency, people using fiat is still of big percentage. Fiat has long been the medium of exchange. While Bitcoin is not widely-adopted yet it may seemingly be hard for us to have full access with it since some of its functionalities are restricted. However, I believe that showing Bitcoin's achievements, its benefits, and with our strong support system it can greatly help increase its demand. |
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The things that make me interest in bitcoin is to learn how to make money in bitcoin. I know money is not everything but as human we need money to meet our daily needs, and then in here I can get another things such as knowledge and news about crypto currency. So I can make money and I can get knowledge.
Exactly! There's no such thing as easy money, it needs effort, time, and knowledge inorder to earn. I'm interested in learning how to make money and the other ways to earn in the field of Bitcoin. I believe that the best way to earn is to start from learning first. It's important that we have to study, do research, strategize, and be up-to-date. |
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I have never regretted or felt harmed when I entered the crypto world. Mata Aung Crypto is very useful for our economic development and is very helpful for my activities in digital finance. and crypto currencies can change one's economy for the better, especially for me. so don't feel hesitant or afraid if you want to start using crypto currencies.
I was hesitant at first but never did I regret in joining Bitcoin. It helps me earn at my own convenience without having the need of big capital to start. It's very helpful, beneficial, and valuable. It has helped me a lot in increasing the level of my knowledge in terms of finance, business, savings, investment, budgeting, and in all other forms of marketing. Doing the job helped me a lot in improving my personal and professional aspects, it keeps my patience, positivity, and self-discipline high and strong. |
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why do you look so disappointed? Have you experienced a large loss from the current market price decline?
do not think too much about the negative, the current market situation is something that is common in cryptocurrency, we must be more patient again and continue to monitor price developments.
Failures are part in the world of cryptocurrency, it could be discouraging but dwelling on such feeling won't help you at all. If it doesn't work for you, find another strategy,change your plan but not the goal. Failure is the first step of success, it's a test of motivation, and determined. Don't lose hope, keep strength and positivity going. Never stop learning, don't be hesitant to ask help from experts, and most of all be persistent. |
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All traders have experienced losses, even before becoming professional traders, and they make it a valuable experience. For losses it cannot be avoided but can be reduced, namely by selling cheap and buying again at lower prices, with a note, you are sure that the coins you buy again will increase in price. Use small capital before you really understand how to trade.
I am even very detailed with the trade portfolio and write a personal agenda as a monthly report. we cannot avoid losses, but it is possible to minimize it so that the mental does not fall too much during one trade time. trading without losses is only possible for assets that have been set for the long term. the rest is impossible. even long term investment could suffered loss too.especially when project didnt work as the plan.but your way to make note for each trading good for us , and it could used to analize our mistakes. basically it is very difficult to avoid. trading without losses is very difficult, unless you have assets long ago, and the price suddenly increases. the only way to make things work is to hold the coin in the long run, but it is still at risk. Risks and losses are inherently part of trading. The world of trading is seemingly not that easy to handle. It's very important that we are prepared for possibilities, we need to learn how to set plans, goals, and priorities. Doing research, reading related manuals, watching videos, mastery on price charts, keeping updated and being informed can greatly help improve our knowledge and skills. It can also help reduce the level of losses. |
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It is too ambitious to think of eradicating poverty. Why don't we start making one person's life better, just one person at a time.
Of course in order to overcome poverty a person must make an effort to earn money. Even in poor countries there are people who work hard and have a good condition. It all has to start from oursleves, if creating job is the solution then we need to take action in order to land for a job. Sometimes we tend to ignore opportunities in front of us and use to blame others for our misfortunes. It needs focus, know your priorities, and learn to be strategic. Poverty has long been an issue, and people from across the globe have different opinions about this long crisis. Be your own boss, don't depend much on others, it's you who can make a big difference in your life, from the decision you make and from every bad and good experience you've been through. |
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I don't think so. I think Math is much more complicated than bitcoin so if you know basic math computations then you can understand bitcoin too. I really disagree when people force other to study the concept behind it and the technicality when what they really need to know is how to use it and that's it.
It can be complicated since it's a totally different set of innovation than what we are accustomed. It is quite complicated when it comes to usability, knowledge, and technology. It is so distant from what ordinary people think about technology. It takes time, effort, and willingness to learn. It may be difficult and confusing at start but don't get tired of learning as it's very valuable and rewarding. Know your purpose and let it drive you to success. |
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As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
You must learn first mate thats very important in this field.In investing you have to risk money so you must need first to have knowledge because in cryptocurrency world knowledge is very important.You may lost everything you have if you don't know how it works and the market movements. We all started as newbies and nobody started being excellent. However, at times we need to be tough and creative with our decision making aspects. Trading carries a certain level of risks so it's best to know the nature of what you are dealing with. Learn to set goals and priorities then be committed. We should not stop learning because life never stop teaching, the more learnings the more earnings. Do research, watch-related videos, and ask help from influencers. |
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trading is sometimes stressful, but how do we control our emotions towards trading. so the stress we experience is a reflection of ourselves how to trade in good positions and good times.
Definitely we can't control our emotions all the time but it sometimes gonna be helping us though. It's gonna be more stressful if we only focus into these and seeing undesirable market trend. There is one way to cut out such stress, better find another stuffs which could be relaxing and free from noisy environment. It is no secret that trading is stressful, it impacts traders performance more than we think and leads to health complications and lesser profits. So as a trader we definitely need to learn more about our body as well as the stock market if we want to be successful. If you are a trader, you need to make a lot of decisions and you need to be creative. Nothing comes easy but through constant hardwork and commitment trading can be very beneficial and rewarding. |
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I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
The reason why some traders failed in trading is when they do trading even they do not how to trade and how to do it well. Before you engage in the world of trading you should have enough about it. The best time is when the price was low and the best time to sell is when the price goes to the moon. Failures are part of success, but it's not an option to give up or to be discouraged. Every bad and good experience is an advantage for us to become better next time. One should realize that mastery of trading nature is important. Before engaging into the world of trading we should be aware of what we are dealing with. Successful traders are not born, they develop quality traits such as having a self-discipline, patience, independence, being adaptable, and are mentally tough. |
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