My choice will always be Bitcoin.Bitcoin investments have always been gainful for me.My financial conditions became better from the time I started investing in it.It is risky but that is common in case of every other cryptocurrency.So yes the best cryptocurrency for me to invest is Bitcoin.
This is the right choice there are many coins out there, but very few are going to be here the next year in fact most of them are going to disappear and the only coin in which I have a 100% certainty that is going to be here next year or even in a decade in the future is bitcoin and no other coin, so I am not going to waste my time with other coins when I can already invest in the best coin in the market and make incredible profits. |
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Of course everyone has a different plan and I also have plans for the next five years, I want to keep saving for my children because I want to make sure they will have a good future
It is fine to want to give your children to best you can but also teach them about this market, it is your responsibility to teach to them about this new technology that is going to be everywhere when they grow up, it is incredible the advantage I have over people of my generation by just knowing what is bitcoin, and you must teach to your kids that in the future some other technologies will appear and they need to take advantage of them before anyone else so they can keep the lifestyle that you are building for them. |
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I would need your suggestions about top 5 coins to invest this year and I have listed my choice I would request you all to share your feedback with a reason
XRP
XLM
ADA
Siacoin
Eth
Just pick the top 5 coins, you cannot go wrong by just picking the best coins in the market, I know that those coins are not going to give as much profits as some other coins but at the same time the risk of holding those coins for the long term is very low and since I prefer to make profits without having to look at the market all day, that is the best option for someone like me. |
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This crash has gotten way out of control even dash now over 90% correction, most investors will never return if the market is this weak.
Remember that the market is composed of people, and people can be extremely irrational in their behavior, I agree that the crash has gone too far and that many coins that are very good have very low values but if that is the case then just take advantage of the circumstances and set the grounds to make a fortune later when the prices recover in the next years. |
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I think if the government continuosly support the bitcoin, our economy grow forever. But the government did not support the bitcoin. Thats why our economy grow slowly. The government didn't know that the bitcoin can help our economy grow.
No the governments are not going to support bitcoin for a simple reason it will mean the death of governments as we know, you are right when you say that the economy and the people will more prosperous with bitcoin as their main currency but governments will never allow it, their survival is at stake and they prefer to destroy the economy of their countries than to accept a new technology as we have seen many countries do in the past. |
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stacked in holding.
This year is a great year for crypto what it is mistaken is your view of the market this is the moment to buy not the moment to sell, invest more in the cryptocurrencies that you like and in which you have a strong faith, do that and in a few years you will be talking about all the money that you did thanks to the year of 2018, ignore that and you will find yourself lamenting not buying at these prices. |
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It is not that hackers are smarter than exchanges, the problem for exchanges is that they are sitting targets, everyone knows they are a target including themselves, but they do not know where the enemy is coming from or from which direction or when it is going to appear, so hackers despite not having the same resources available have a great advantage over exchanges.
You are right, because of the modern technology and new programmings, hackers can always finds vulnerabilities to attack websites or exchanges, the most important thing exchanges keeps updating their system. Correct, if the hackers discover a zero day vulnerability in the software the exchange is using they can easily hack them, writing code is very easy anyone can do it but writing code without any vulnerability is very difficult, there are hackers discovering zero day vulnerabilities and selling them for a lot of money to anyone that wants to pay for them and if a hacker gets his hands on it, it can be very dangerous. |
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STILL BELIEVED IN THE ETHEREUM HE WILL HAVE COME TO REACH THE BITCOIN PRICE ONE DAY WITH WORLDWIDE MASS ADOPTION
But why ethereum is going to get that kind of adoption? Why ethereum is going to surpass bitcoin when bitcoin is better than ethereum in many key cases and the only thing that ethereum has over bitcoin are smart contracts and even that will be a reality in bitcoin so I do not see any reason to use ethereum even for that in the future, so the chances of ethereum surpassing bitcoin are zero. |
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I was still hopeful at the first half of this year that btc will reach either $25k, $30k or even $50k but all of that has now changed. There is really no all time high and I need to accept that huge money does not get created and poured easily into the cryptocurrency market.
Yes, we are already on the 8th month and the price is still recovering. I am holding bitcoin but I am taking small profits and I am not waiting for it to moon. There are so many predictions about bitcoin may it be positive or negative and I would just take a look at their justification why they think that it would reach that price and then I would use my own strategy trading bitcoin. If it would moon sooner then good but if not then I would just continue to trade taking small profits because at least in that way, I am still earning. I really do not think this is the time to be taking profits out of your investment in bitcoin, the price is too low and it is likely it is going to remain that way for a long time, I know that some people are desperate by this situation especially those that are losing money but there is nothing to do, the market cannot be manipulated be the likes of us and the only thing we can do is to try to profit from its unpredictable movements. |
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Yes. Bitcoin users do have to pay tax in the form of transaction fees whenever they used their bitcoins actively like for example when buying or trading . tax on cryptos is working differently when compared to tax in regular currency such as fiat money because the fees or tax that charged for bitcoin users are only payed for the miners and miners dont use it to improve the development of cryptos not only to governments that collects a tax .
That is not going to be possible, if the government wants us to pay taxes for each transaction we make they will have to either control the network in which case we will probably need to fork bitcoin to block the miners of the governments or they will have to control the developers in which case we can reject any malicious update to the code, as you can see attacking bitcoin is not going to be as easy for the government. |
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yes you are right bitcoin is currently falling and tends to go down so it is more likely to hold a holding until the price at the exchange place restores the price.
You can always take advantage of the market while the prices are falling because in this way you can invest more coin at its cheapest price which will make you earn more profit when the prices goes back to normal. That is correct but many people depend for the price to go up in order to get profits and that is the case because they are not holding a lot of fiat, many of the investors put all their fiat already in cryptocurrencies so the price cannot go up unless new money begins to enter this market which is one of the reasons the market is taking so much time to recover. |
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Globalization was told for a very long time. Probably, this will be a new stage in the development of our civilization. This is a new form of human interaction. Perhaps the whole world will be without defenders and borders, without taxes and barriers. Bitcoin will take in such a world a worthy place of the world currency. Developing new technologies will help create a more developed society where there are not very magazine and very poor. Regulation will occupy cars, they are not expensive for the corrupt. We need a new world, it is perhaps a new and unified religion, which will affect all of humanity ... no longer warms, humanity can be really civilized. What do you think all about it? Maybe Bitcoin is part of the globalization plan?
You are dreaming, you are almost wishing for an utopia and bitcoin is not going to achieve anything like that, bitcoin is just a form of money, the best that exist in the world but nothing more, for what you want to happen human nature will need to change and despite all the advancements in the technology the human nature has not changed in thousands of years. |
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In my opinion, the best option is both. As a rule of thumb by investors is diversification, then better to diversify on these two platform. Stocks is more stable while crypto is very volatile, then you can minimize the risk of both investment while gaining something on the return in case the price increase. Good luck to all investors out there. Cheers.
I disagree, people complain about this market and its volatility but many people forget that the stock market is completely rigged and it is completely overvalued, this cannot end well, to me it is clear that a new economic crisis is near and this is going to happen in the next decade and when that happens bitcoin is going to be the first thing in the mind of many people trying to escape the devastating effects of the crisis. |
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right now I want to buy altcoins, but I am still confused to choose a lot of his altcoins on the exchange, in your opinion, which altcoins is the best thing right now for me to buy?
I will buy ethereum immediately, many people are afraid at the moment since the price of ethereum and most of the market of alts is going down but you need to take advantage of it because if you do not the you are going to miss in some very cheap prices, and while I know it is risky if you do not take the risk then you are not going to get profits, this market and all the markets are like that. |
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It will have to recover, there is a halving coming in 2020, so I am not worried even a bit.
And not only we have the halving to look forward, we have the Lightning network that is going to change forever the way we use bitcoin and also in 2020 the Olympic games are being held in Japan, and since many stores accept bitcoin there many people that never heard of the technology are going to be exposed to it for the first time in their lives and that is a good thing as well. |
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If you want to make decent money with crypto now, you need to find hidden gems like litecoin. Bitcoin will also grow but not as fast as those evolving coins.
Litecoin is a great coin but it is not a hidden gem, anyone that has been here for some time knows about the existence of litecoin, if you really want to make money you need to find a good coin that has a very low market cap, something below 10 millions will be fine, if you find a good coin and you invest in it and the coin skyrockets you could easily make 10 or 20 times your original investment. |
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Banks are a continuous problem. Bureaucracy, time limits, withdrawal / enrollment limits / need to confirm the sources of the daughters. And most importantly - in any crisis simply freeze money on accounts. Continuous minuses.
Bank are usually closed in Saturday plus open till 3 PM in my country. That's really makes me angry last weekend i was looking for some money i was in emergency but the bank was closed i lend money from my friends even i have money in bank. I was never in that position but I can see how that can be extremely infuriating, you have money in the bank and you need it and it is inaccessible to you, that is one of the great advantages of bitcoin, bitcoin never closes its doors, it is always open and you can use your money all over the world, and the best part is that you do not need to ask permission from a bank to use your money in another country, a friend did that and they froze his account alleging they were protecting him when they left him without money in a foreign country. |
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We all have life plans. I just have my own business even if it's just a little bit that passive income is just fine for me. I intend to have my own ricemill store and this is my hard work to be fulfilled today. To my old age I will have my own passive income and I will not have any problems yet.
To get passive income is the key, I do not want to work all my life, I want to retire something that is really difficult in my country since the inflation is very high, that is why I need to get assets that can resist inflation and that can also generate a positive cash flow but for that I need a lot of money and bitcoin is critical to my strategy to get that kind of money in a relatively short amount of time. this is the final plans for every people which have a lot of money. and for people which still trying to have a lot of money, they can start right now before our time is almost ending. my plans are to get passive income too like you and I am sure that I can reach my final goals because I still trying to collecting money from what I did. I hope that I don't have to wait a long time to reach my goals so I can get passive income in the short time. and right now, with many works in the cryptocurrency, I believe that my time to get passive income will happen soon. The great thing about bitcoin is that it allows us to get great profits with very little effort so we can concentrate in other ways to make money and then buy bitcoin with that money, this creates a cycle that as time passes begins to accelerate, in fact in order to retire I do not need the price of bitcoin to touch millions of dollars as long as it reached 100k in the future I will be fine. |
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Getting married at a young age won't make you poor.Having kids at a young age will make you poor for sure.
I don't know about your country,but rising a kid from it's birth to the age of 18 costs more than 150,000 USD in the USA.The cost might be lower in the other countries,but it's still a significant amount of money.
I agree getting married early does not mean that you will be poor, the fact that you have another person protecting your back and they have you too to protect theirs is great but adding kids to the mix will surely make you poor since in the economy of today you need a lot of preparation to get to the highest paid jobs, something that is very difficult if you have to feed a big family. |
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"The one who expects is the one who can get hurt the most" a quote from unrequited person.  If this is an anual event, then we could say to invest now while the iron is cold. But it will surely hit us back hard if this doesn't happen. I agree with this, the last bull market came out of nowhere and no one was expecting it and we all benefited greatly out of it, but now that everyone is waiting for another bull market the most likely option is that it is not going to happen, remember only a minority can earn money from the markets, not everyone can win because the money you earn needs to come from someone else that lost it, so do not make the mistake of waiting for a bull market and then sell because if you do you are giving up your profits to someone else. |
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