We have so many coins which in market now. As said, all coins do not meet up the market-cap. It depends on the project and demand the volume goes up and down. Always choose the best coins which have good trading volume / market-cap. I would say, choose the coins that are below $1 and have more trading volume. Get into best exchanges. Keep 2FA Activated.
Choosing a coin that is below $1 is good but the problem is that when will it come up for market, because some altcoins can stay in same value till three to two (3-2) years interval without further development or increment in value, so if the coin eventually give off, automatically the money used for the investment has become waste, I don't really believe on altcoins because i don't have much trust on them, i really prefer bitcoin irrespective of the marketcap or regulations because it's obvious and hope that it can go up anytime and any hour and as well fall anytime too, so in summary it's better to invest in bitcoin than altcoin, despite that altcoins can make you to recover a lost within short time.
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Your movement to the forum is showing something different, which i think any newbie have to emulate your method of composition and research, actually this community need to be motivated or inspired by a user innovation, for the few months you have stayed or spend here, you have been creating a tangible impact that shows your activeness and the same time your consciousness towards better contribution, looking at your Merit status and your activity it's obvious that your merit is higher than your activity which is a sign of good forum development, i really applaud you but never feel reluctant for your activeness.
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QUESTION TWO: What would have been the disadvantage(s) of Bitcoin if it was centralised?
1) The disadvantage would have been based on manipulation all the cryptocurrencies 2) And Bitcoin will lack security operating system which everyone would have easily penetrate to another person bitcoin store. 3) Government would have hijacked cryptocurrency entirely and fake bitcoin would have introduce since, like fake fiat, manufactured or printed by the road side in the name of original. 4) finally every country would have, have their own cryptocurrency through their Central Bank and been regulate or change like currency of a country.
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OP, since you are so hard at work on this subject, let me add a little tip. Please note that there are violations on the forum, such as transferring merits to your alternate account. Probably many So many newbies is not aware that exchanging merit to alternative account is similar to someone who plagiarised or paraphrased a work, someone can violates the law of the community unknowing if note properly gone through the protocols, procedures, rules and regulations of the community but it's not an excuse, it's very necessary to calm down and understand the reason while some rules are innate or enshrined to community more especially the new users, majority of them is concentrating on plagiarism as the major rule that can restrict them not to operate here, so it's good to study and also know the implications of plagiarism, exchanges of Merit system, and paraphrasing.
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I would always vote that Goverment response to natural disaster or Government regulations will lead to the next financial crisis over crypto. I think there are enough people with "diamond hands" that can prevent an overnight crash capable of causing a financial crisis.
Government is like support to cryptocurrency because whenever they kicked against cryptocurrencies is the more cryptocurrency get elevated or firm, the crisis's government can is base on what they regulate, so coming to cryptocurrency network nothing they can do that will lead to crypto crisis more especially bitcoin in question, for now adoption of bitcoin is getting influential every minute of the day.
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Sometimes greed will destroy us in day trading on the exchange. If it's time to sell, it doesn't hurt to sell immediately, the important thing is to get a profit. In this case, many day traders were waiting for higher gains, but in reality, the price went down and ended up cutting losses. That's the danger of being greedy.
Lol...greed is always be a problem of any trader because whenever their is profit in market a trader will like to keep on making profits which leads them to lose both capital and profit immediately, so it's advice able to whenever we are trading and we market small amount of profit in market, and we have to cash out immediately and reinvest to another thing, someone can be grateful when you accomplish your target or objectives for the day
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I'm not thinking of making a loan in this situation. Taking out a bank loan may be a good option for those who have a steady income every month but the ongoing pandemic situation can overwhelm borrowers with interest payment.
Crypto loans may also be a helpful solution, but we need collateral to do so if the amount we want is to build a house. I really haven't thought about making a loan either in crypto or with a bank so far. I'd rather save than pay interest that's hard to agree to.
Their is no condemnation or discouragement via loan from bank or another source, what is the problem is the method of utilisations of the loan, so from my own opinion its encouraging to obtain loan from any angle or form,but if actually you know exactly or understand the concept or nature of investment you really want to use it to establish, loan is good more especially for a perfect traders who knows how to trade but capital become he or her hindrance and also those investors that purchase bitcoin and hold for period of time via waiting for it bull market before selling, so this set of people always be at advantage of loan if the loan did not work against their motive.
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The answer of your question has no particular or a specific answer, but from my views it depends on their net worth of the individual or the person because both are investors and the way stock investor strategies to get more rich might not be way a Bitcoin investors strategies thing, so in conclusion can't say anyone or any of them is the happiest because investment is investment irrespective the way you invest.
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Actually government have a vital roles to play over the economy of her country, because the betterment of any country development lies on the hands of those prominent leaders that controls or regulate the economy resources of any country, right now i haven't seen any positive impact government innate for the development of cryptocurrency, rather to diversify a means that will cripple cryptocurrency, more especially those countries that restrict a transaction of cryptocurrency with central banks, i can as well say that banks really wants crypto to escalate through transaction process of conversion of fiat via buying and selling crypto at easily form, but government used their veto power to bridge them in some of the countries, so with this scenario government is of no help to cryptocurrency roles.
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Bitcoin is a decentralized currency which is totally secured in terms of security purpose and management, so investing on it will be at advantage because of it's multiplication or domination via accelerations in price, so bitcoin is digital currency as i said initial and no one can control it, so it will be good to adventure into it and also bring more person's into it's network.
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Taking a loan is good but is not such amount of values you are emphasising on as a beginner, and before you adventure into such you have to know the advantages and disadvantages what you really want involve, the disadvantages of taking a loan to adventure into cryptocurrency is at higher risk measure, and can only encourage you to enter into investment with your own capital without lending, borrowing any loan from anyone in case if market of cryptocurrency run against your wish or plans, so that you can be able to put yourself together... it's very simple to understand.
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In cryptocurrencies investment, i think a beginner should think to Start an investment with bitcoin instead of altcoins, because bitcoin is well known and well pronounced than some of the alternative coins, BTC can only depreciates in value if invest on it and later it will rise, so it's obvious that bitcoin doesn't die off like some altcoins, their is some altcoins you will purchase today and interval of two years it will never comeup, but ethereum is in some extent having a significant value or similar values to bitcoin movement.
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Good day everyone I am McCryptoCoins and I am new here, Yesterday night a friend of mine introduce me to this Forum.
Welcome to the community, and it's obvious that as a starter you have to know the rules and regulations of the organization or group you belong to, i know vividly that one or two users has dropped a guidelines of this particular forum or noble institution link for you to read up, for in case you really want to read more you can as well click this link https://bitcointalk.org/index.php?topic=703657.msg7955645#post_rulesHe told me that I can earn BITCOINS by joining campaigns is it true? But before that I need some help about here in forum can someone help me? Hope for your response thanks in advance.
Have a zero intension of earning Bitcoin here, because having such motive to earn bitcoin can equally lead's you to commit a crime or violates the policy of the community, this community is specifically meant to deliberates or discuss about Cryptocurrencies more especially bitcoin and perhaps other coins, because from initial i think their was no signature campaign, so introduction of signature is just something that comes up and signature campaign can be equally abolish any day and anytime through the forum Head...so i might say that the concept earning bitcoin if it's what brought you here, you should remove such mentality.
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At first congratulations for you to find your way to bitcointalk community, so the concept of learning cryptocurrency is very simple to someone who are desperate to acquire the knowledge, but been here will enable you to understand the basic concepts so easily, a cryptocurrency can be study and comprehend perfectly through guidelines, which might involves or occur through YouTube videos which impact the knowledge of crypto online, and another way we can learn crypto is through reading of bitcoin articles, weather manually or online, but looking for the fastest way to understand it more better is through bitcointalk forum, read up through the links other users dropped it will expand your understanding via bitcoin.
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Investing with cryptocurrency actually it have a strategies, but at least you should have a target when the price is low or when is at average before purchasing, because buying when is at higher point and expecting it to speed up in order to make a profit i think it is underprobabillity, because the chances of bitcoin price to reach or move to hundred thousand (100k) is not really assured at this moment
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I feel merit sources shouldn't merit Legendary or Hero members more than one or two merits at a time and should instead search out posts by users below Hero rank.
A Merit source is entitled to award merit to any user they feel like to award merit to, irrespective the rank or position, because awarding Merit to user is not by personality or rank position in the forum, so from my perspective it's by the post of user, some post can interest you and you are entitle to award any amount you feel like, but according to the rules and regulations of forum despensing of Merit per day to a particular user.
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Be very careful when you recieve a free token in your wallet. I won't say all airdrops are scams but most of them are. In my opinion, it is better to research these tokens before initiating any transaction. Such airdrops are quite frequent on the Tron blockchain. Recently, Tron has been notifying users when they check that these tokens are scams on the tronlink wallet. I am not sure whether Ethereum does the same.
I really want to know what's your objective while we should be very vigilant concerning free token not to enter into our wallet or stored in our wallet, is it that the coin that will enter wallet contain a microchip? Or the coin will be valueless, because the emphasises you made concerning having free token is quite different and suspicious over having free token.. so my question is base on we need proper explanation to know the disadvantages of it.
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The old rule remains the primary rule; invest what you can afford to lose, trading is one of the riskiest part in cryptocurrency investment as you can lose all your money in one trade. If you don’t have a good trading skill i will advise not to rely on trading signals as it is most time wrong unless you can combine it with your own market analysis.
Yes of course trading involves risk and without Risk you can not make it in all ramifications of investment, apart from having good quality or skill of trading before you could make it, so relating it to other business oriented, the more you are serious to a business the more the business yields profit, been a perfect trader depends on your experience of market, the movement of candle sticks, all these determine the profit and lose which involves in trading investment, it's very obvious that cryptocurrency trading have handicapped people because of inability to understand it's rudiments or concept.
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Op, is like you are not fully aware that keeping or banking Smerit is bad character because Merit have be in circulating motion, it's obvious that your observation towards distributions of Smerit is totally wrong, anyone is entitle to review any users account and decide to award a merit to any of he or her post that's best known or interesting to him, giving ten or seven (10 to 7) Merits to a particular user account in different topics or post is not against of the community rules and regulations, and is not in any way seen as abuse of Merit system, i think some person's have clarified you very well before you will alleged another accusations to another merit source.
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