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My plan is to hodl whatever crypto I have at the moment and hope for the best to happen. Patience is key in order to be successful in the world of crypto.
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Paper wallets are not 100% secure and reliable, one can easily lose access to the wallet through several means especially during fire outbreaks and other disasters. I prefer hardware wallets and application based wallets any day.
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The project looks really beneficial to the blockchain ecosystem. The innovation by blockchain technology has contributed immensely to the development of such great project. I wish the team the best of luck.
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Bitcoin and blockchain technology was not developed to be unethical. Unethical things are stuffs that causes harm to people or society. On the other hand, Bitcoin is here to help the decentralization of the world.
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It will be impossible to determine the number of people using bitcoin, even the number of bitcoin wallets cannot be accounted for
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Good points to consider, they look really interesting and impressive. The annoying part of scam projects are those with large number of followers on their social media platforms that are usually found on their telegram channels and groups. The twitter followers can easily be authenticated through twitter audit. checking the real followers of a project is one way I use to identify the authenticity of a project.
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Selling or hodling bitcoin is a matter of choice that depends solely on the individual. Personally, I think it is really unwise to sell bitcoin at a very low price, we need to always sell at a reasonably higher price in order to increase the value of bitcoin
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The story is not really accurate and factual as the price of bitcoin is rather rising for a while now. From my experience in crypto, am anticipating that the price will hit $7k in the coming days.
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In terms of digital currencies, tokens refers to cryptocurrencies when they are first offered either by airdrop or ICO( initial Coin Offering). Through airdrop you get the tokens for free or by performing some minimal tasks especially on social media whiles with the ICO you need to invest to get the tokens. A token becomes a coin when it becomes tradable.
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For bitcoin to forever reign all other cryprocurriencies, the transaction fees of most exchanges and miners should be easily affordable.The price of bitcoin also needs to be fairly stabilised by all holdlers since the price fluctuations is becoming too much lately.
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Blockchain needs bitcoin to thrive considering how bitcoin has made blockchain technology so popular than ever before.
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The price of bitcoin has been falling lately and It is quite unfortune that these kind of attacks also affect the price of bitcoin. The exchanges need to strengthen their cyber security to reduce such attacks in the near future.
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