Exchanger has also risk and anyone can lose his money forever. Do you think all the exchangers are safe and trustworthy? A exchanger can run away at any time and besides that a exchanger can be hacked.
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Globalization is turning the world so small and in this digital world, digital system is much more needed. big companies know what is benefited for them. That's why they are investing on bitcoin.
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For only bitcoin, it is far away from education system. But may be in future, blockchain technology will be added on education system. Bitcoin may be discussed on finance and economics also.
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Hey,
I am thinking of switching from BTC trading to Alt trading. Consider me as a beginner.
If anyone can help me in these things:
1. Best exchange to join 2. Best altcoin to invest in
Thank you!
For your first question, you can join with binance. If you are a trader, it will help you more. I will suggest you for 2nd question that, try to invest on ethereum and bitcoin because most of the new altcoins are fake, scam and dead.
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At this time, new people are joining with with crypto currency more. Eth has good value and bright future. I will suggest new people to hold eth for big price.
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Though trading is one of the best way to generate money but it has risk also. Anyone can lose his capital here if he/she doesn't follow the trend of trading very well. many people are losing money daily because they don't know the basic rules of trading.
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Trading is the good way to make money but it is so risky for new traders. I will suggest new traders to trade on demo account. More market analysis is needed for being a good trader.
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Already happened. But after that, price dump to near $10,140 USD till yesterday. Then pump near $10,340 USD today and still on uptrend. so hope it can cover the all time high again cause if we notice bitcoin chart, it shows how fast bitcoin continueously moving. So i believe that it isn't impossible for btc to touch such high volume, once again before ending this year
In my opinion, it is not this stage to overcome all time high. Bitcoin needs some more time to reach all time high. Hopefully on next two years, bitcoin will cross its all time high and reach in a good stage.
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Panic sell can't bear good result at all. We should for some good news. As we invest on bitcoin and ethereum or like same coins, we shouldn't sell at lower price because it will rise surely.
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Do you think that bitcoin will reach 50K by 2021? I find it similar to 2016 where we had ICO's, now we just had DeFi *scam* A friend of mine told me that bitcoin will get low these upcoming months, what do you think? given the recent Bart pattern i see a lot of manipulation and it isn't a good sign really...
Do you think bitcoin is near $50k? In my opinion it is still far way from $50K. For bitcoin, At least 5 years are needed to reach $50k. It can reach upto $18K at the end of 2021.
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I still believe in holding. Holding is one of the best strategy to earn good money. I don't know why people sell quickly where bitcoin is a most popular and well known crypto currency.
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If someone don't want to learn about crypto currency then there is no need to teach them. Here, intention is a great factor. Only book is not sufficient for learning about bitcoin easily.
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Bitcoin is a decentralized coin and it has a great value. Some government will use bitcoin as their payment method at the time of world war. But it is sure that bitcoin will lose its price randomly.
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It is very pathetic who send low amount for day to day use. Sometimes it happens that if we bear the fees, our main capital gets hampered. But if we think about price, ethereum is growing everyday.
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If the Bitcoin following to the history of the Gold... Then what year of history of Gold... The Bitcoin is in Same situation?
Gold Can fall and go up so as Bitcoin...
Let's Say Bitcoin Will follow to exacly same Path as cold.. Maybe few price Differnces then what is the Bitcoin price Now? Its high Medium or low according to comparsion history of Gold?
We can't say same things for bitcoin and gold as these are not same. One is virtual and one has physical value. For bitcoin, it can up or down in huge amount but for gold, it is almost stable.
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Actually almost countries are suffering from corona virus. At this time, economy condition is not good enough. But people are joining with decentralized currency as they are getting benefits from it.
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Actually price is depending on these methods. People can pump the price by holding and can dump by selling. So, we should take more care about buy, sell and hold.
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I think I'd go all in with Ethereum and right now it's still low imo to fill the 32 eth required for staking. ETH 2.0 is really a great way to drive the price to a new ATH and who knows we'll see it passes the ranking base on market cap between bitcoin, that's not impossible.
Now, it is the right time to grab the ETH at the current price because the price of ETH 2.0 will help the ETH coin to increase its price, we should always choose them wisely in order to invest high amounts into single coin. ETH is very good coin to choose for long term investment. I am agree with you that investment on eth is very good decision at this stage. The price of eth is near hand and after some days, it will be growing so fast and will hit a big price.
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I am sure that this country is lacking cryptocurrency regulation and that its people are vulnerable to losing money investing in the cryptocurrency market. Just like in my own country, a lot of people have filed complaints against scam crypto projects over the past year. They have lost a lot of money and they don't know how to get their money back by going to court but in the end, they still can't get their money because the law in our country doesn't have specific regulations yet. crypto.
Your idea is correct that most of the people of BD are not well known about crypto currency and gambling. People of BD are losing money on these and that's why government is not accepting crypto currency and gambling.
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