As new to Crypto, I can say that Technical Analysis is important for not only for investors but also for bigginers becausei it can guide us in analyzing the movement of the prices of bitcoin, ethereum, litecoin, bitcoincash and other cryptocurrency based on an examination of past price movements. It uses patterns in market data to identify trends and make predictions which will tell when to invest.
This is probably one of the first thing you need t understand in crypto currency. How it really works at the same time is what it is really. Before engaging into something you need to be prepared in able not to lost into it. With this kind of steo, you probably will understand the matters you need to learn. |
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If you visit a place or recreation, then the place arrives ... those places are of course built by the central government with the taxes we pay so the point is that taxes are compulsory '.
To make it short, the tax is the one that helps the government to finance what the community needed. Also it also supports those families who do not have the capability to sustain their needs. Tax is the overall budget that helps everyone to have more effective and efficient life and without tax our country would be not safe at all. |
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Many says that banks would become obsolete if cryptocurrency would take over the world in the future, but i guess not. Here are some of my assumptions on what would be the situation of banks in the future with cryptocurrency.
1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.
2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.
3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.
4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.
As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive
This will probably the best way for the banks for them to go with the flow. Or maybe in able for them not to die. They need to adopt the changes that is going on, with that they can get benefit on what the bitcoin can do, or somewhat bank can earn more with bitcoin. Also with banks accepting bitcoin, transaction will be easier. Its a win win situation. |
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Knowing that you could get free coins from Airdrops, would you exchange it once you got the coins or hold it until the vslue rises up?
It is a necessity if you do research. If you can see a huge potential to a specific coin then you must hold it. And if if does not really have the potential then better exchange it. You need to be wise in every decision you will do. Therefore you will mot lose. |
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I think this is the best way to do. You need to change the threats into opportunity, with this it can help.you to be more successful. As of this moment, the market is down therefore this is the perfect timing to purchase coin, soom enough the prices will rise and then you can sell it so that what you have invested will not go to waste. |
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Gather some informative information regarding with there project and have some background study with the team and also read the white paper if they have.
This is probably correct. We need to be a critical thinker in ordee to analyze everything. At the same time we need to gather data or somewhat proofs, or maybe information in order to have a better judgement. Also do not believe easily on someone's opinion even if that someone stated a fact. Trust only yourself and your intuition. |
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The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
This is the statement that clears everything. Not all are worthless, there are some alts that still functions just like bitcoin. With other coins, investors needed to think wisely before investing because scams are everywhere. People need to be smart in every steps they about to make. Witgh crypto, the patience is needed in order to succeed. |
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Dogecoin, ETH and Monero will survive, the question is Litecoin. Dogecoin is very popular among Dice sites, plus Doge have fast transaction time - you can send/receive in minutes. ETH is just big player, sale/buy quick profit via many users, in fact it is now very popular altcoin. Monero have great privacy option, many altcoins users like this. Litecoin is popular among just devoted users, therefore Litecoin future is not clear, it can survive if there will be new Litecoin users.
We all have different perspective on to it. But one thing is for sure, with the technology of today, crypto currency will survive at the same time is the coins. Coins is the reason why there is cryptocurrency. Without coins cryptocurrency ia nothing. There must be someone who plays in order to have the game. And that is the role of alts. |
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I rarely rely on other people's predictions, but I sometimes think about it and watch the charts trying to understand what's going on. You have to realize that price is an indicator of potential problems. I don't believe that there are people holding coins worth hundreds of thousands USD and not reading a single prediction. It's like with any hobby that you might have. A car needs maintenance, a pet needs care, your investments is not an exception.
In this case, well there is an intelligent guess where as the ideas are basing on the stats and data given by the experts, or even the numbers shown by the crypto itself. With this we can say that the prediction is not impossible to happen, if and only if it has the basis on where it came from. We can conclude that prediction is part but we should think critically in order to avoid false news. Bitcoin is an unpredictable market, but one thing is for sure it willake everyone successful. |
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The infographic shows the 10 most popular banknotes worldwide with its anti-counterfeiting security. There are thousands of million dollars counterfeit circulating worldwide. Just in The US the FED said 7.3 We conclude that the total value of counterfeits in circulation at any moment is approximately $70 million or about one note in 10,000, and is highly unlikely to exceed
$200 million, or about 2.5 in 10,000.it's costly for the society (more regulations, more resources to deter, individual or business accepting it accidentally >direct loss,...) Counterfeit money exists since the Ancient Rome at least, and it can destroy a government and its economy. Even the Nazis were counterfeiting the USD and GBP ( Operation Bernhard) If only 1% of your circulating currency is fake your government is out. It can't borrow money anymore, business will stop to accept the currency, and since it's the only one, then the economy will be dead. Do you know how many Bitcoin has ever been counterfeited since10 years? ZERO !That is one of the he advantage of bitcoin, it can not be fake. You can be scammed if you are not wise but there is no such thing as fake bitcoin. Moreover, if we talk about the counterfeited there is really no recorded incident on it. Bitcoin is really more effective that it. And more efficient at the same time. |
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Risk Characteristics
Will Bates was very good with math and science. He felt he was wasting his time in his college classes. Society's message was that a college degree equaled success, but Will wanted to be able to take a different path to achievement. He had some basic characteristics of a risk taker.
Heightened expectations: This is when a manager has goals that can be unrealistic and unattainable to some, but which the risk taker feels very confident will occur. Will felt the drive to start his own technology business. The product was an advanced computer. He was determined to create the prototype himself and dropped out of college to complete the task. He did all the parts of the product development from design and operations to production and even marketing the final prototype. He eventually realized he needed a support team and hired a basic staff. He treated the staff professionally but demanded excellence.
Constant learning: This is when a manager refuses to rest on his or her past performance. They are always researching, testing and looking to learn. Will viewed life as a constant learning journey. He spent years developing his prototype and now constantly works on new technological improvements of his computer.
Embrace change: A manager who embraces change looks forward to a constant flux of new information and is always trying for improvements. Will was willing to quit college, while his friends were graduating and pursuing a career. He lived close to poverty to develop his computer. He was also willing to change his goals in regards to his company throughout its development. Lastly, he is constantly altering his company's product lines and introducing new technological gadgets.
Trust instincts: Many risk takers make decisions based on both intelligent data and a gut instinct. It's a feeling that they have regarding a decision. It usually isn't the safest decision or the most practical, but it can lead to great risk and success. When Will finished his first prototype, he invested all of his money into launching his business. If the business failed, he would have been destitute. Fortunately, his gut was correct, and his computer was a huge success.
Above are the characteristics one need to be a successful investor, most folks on this platform need to know life itself is volatile, non of us knows what will become of us in the next five hours, i would mortgage my house over and over again to invest on dip BTC i bought for $5230.
This industry belongs to the braveheart and the die hard risk takers
It is a good article which discusses that in entering in cryptocurrency or crypto world or in bitcoin to be specific, you must know that the risk is part of investment and if you take the risk you will probably succeeds and get what you wnated in return or even give more than what you wanted. With bitcoin nothing is impossible you only need to be wise in every stpes or decision you will do. |
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I agree with them. Invest on this market is risky. Because coin prices are always fluctuating. But if you choose a good coin then you will able to earn profit. I believe bitcoin is less risky than other project because its price fluctuation range is limited.
There is nothing to worry with this. In investing, the word risk is always there, and it is the same in bitcoin. Risk is a part of winning. How can you eatn profit if you do not want to risk an specific amount? As simple as that, risk is everywhere and if you take risk, this is when you will feel you have accomplished something. The risk you will do is worth it in the end, so there is no worry at all. |
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The bitcoin as a crypto currency is still very young and has not been noticed by all countries so it just need some time until it gets legalized by the country.
Bitcoin only needs time. The government should realize what are the importance of bitcoin especially to the economy. As you can see, in every country there are more likely people who are poor, rather than those who can eat 3 or more times a day. This only means that there are more poor people, and with bitcoin, it can help.to.lessen or even eradicate poverty because of its function in the society of today. Bitcoin can give work to individuals who are unemployed. Bitcoin can help.us to have a brighter future. |
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Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
Bitcoin is already on top, therefore there is no competition to it. It is like beating its own record. The thing is if elwe compared it to altcoin, it may seem that altcoin is a fast improving coin, but the point here is, altcoin is nothing to.compare to bitcoin. Altcoin is just starting therefore even small changes can be seen. So unlikely to bitcoin, bitcoin is very different from altcoin because bitcoin is the king. |
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No. It is not too late because there are many people who uses bitcoin who wanted also to invest but they have a question in their mind if it's too late. It's not yet too late because as long as bitcoin never stops, investment will never stop also. As long as there are users, there is bitcoin and if there's bitcoin, there will be an investment.
People frequently asked about that in terms of the perfect timing to invest, not because bitcoin will be gone. In bitcoin it is always the perfect time tominvest, especially when you knew how the mrket works or simple the cycle of bitcoin or the cryptocurrency in general. The bitcoin will continue to prove itselfs until the future, bitcoin is far from being bubble thats for sure. |
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Last year bitcoin boom up in price, Will bitcoin reach 20000$ in december 2018. Same thing will happen again or not.
What you think so comment below ?
The amount is hard to predict because as of this moment there are people, or more people who have been encouraged to start with bitcoin. And maybe after months from now, they will invest more because they will realize bitcoin's potential. Moreover, there ia a chance that they will encourage more people to use bitcoin. One thing is for sure, bitcoin's value will rise. |
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I want the price of bitcoin increases. For this reason people will be more profitable. Especially those people who are investing their bitcoin in different bitcoin investing sites and who have fund their bitcoins in their bitcoin wallet. If the price of bitcoin rises they will get more profit.
This is anwish everyone wishes for, with this it can help the bitcoin to be more popular because of the value, people tends to like things where they can generate money. At the same time with an increase to its value, government of different countries will realize how the bitcoin can help the economy. Bitcoin is helping us to have a brighter future. |
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well that's bitcoin many uses, in addition to transactions can be used as an investment. and that's the law of the market when people buy at a low price and when the bitcoin price is high they'll race to sell it, so I think bitcoin is used by people for profit.
Used as a form of investment and with investment you can get profit and start gaining what you have invested. With bitcoin it can help you to grow, in addition bitcoin is very efficient in terms of transaction, this is an additional factor that encourage them to start up using or investing in bitcoin. |
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Its not redefining...The price of bitcoin is also unstable if compared to Indian rupees and the price of dollar is also slightly unstable compared to Indian rupees....As like other currency it is also a currency...But its digital currency but not digital money...Digital money are those which are stored in paytm or freecharge etc sites...But its a digital currency...Its just an evolution of technology..
It is really true. Human now a days continuously seek for change or somewhat we can say is that people wanted to have improvement in every technology we have. We improved things as it maybe, we make things impossible being possible. One way of proving it is the existence of bitcoin, with bitcoin it can help our lives easier than before. Money can specify as bitcoin that will happen soon. |
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Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
As an individual who is fond of using bitcoin, all you can do js to give knowledge to your countrymen at the same time encouraged them to start using bitcoin. Many people still lacks on the knowledge on how bitcoin works at the same time, the potential the bitcoin has moreover is the perks or advantages of having bitcoin. So as of this moment you need to take good care of your virtual money and wait for the moment where you can already use it. It will come. At its soonest. |
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