My choice was always Bitcoin. Still it's the best coin and it has no serious competition among altcoins. By that I don't want to say that there are no prosperous altcoins good for trading but Bitcoin is still the best coin for profit. If you want to find some altcoins worth your attention this takes a lot of time and analysis spent on the market.
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They say investing in real estate is secure. I wouldn't fully agree with that, it depends on different factors like place, position, country. And some bad moment can crash the price down. Investing in crypto is still the most profitable, it's risky but still with the best chances to make some serious money. But if you have such possibilities you can divide your investments on both, just make sure that you find good real estate advisor.
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I will put it this way, I'm trying to promote cryptocurrencies and Bitcoin but I don't encourage others to invest. Think that it's too risky to play with other people's money. Besides there are also other ways to get the crypto and to use it. So far I have learned that there is no use of forcing people to something but you can help them with honest and quality information.
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This is just an appearance, Bitcoin price is never actualy stable. Volatility is something that you can't escape or control when Bitcoin is in question and the price will always vary in both directions, up and down. Bitcoin is unstable by nature and by the way it's functioning. Don't realy nderstand why people rise same questions over and over again, it makes no sense.
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Nikola Tesla was a great scientis and visionaire. He predicted many things in technology that in his time sounded like science fiction. Still it's hard to tell if this specific relates to Bitcoin and crypto or some new and inovative technology at that field in general. Anyway, a great mind and it's so pitty he wasn't able to put all his ideas into life, this world would have been better place now.
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You can still earn money with trading. But not so easy like few years ago. I think that before almost everyone could be a trader and make some money. These days market is more complex and demanding, it takes much more time and efforts and to get some serious profit you realy have to be involved very deeply. So I would say that good profit today can make only professional traders that are fuly involved with it.
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I don't know how have you come to such conclusion. And what time zone have you used, it's not the same for everyone. But I don't think this is true in any option and volatility of Bitcoin is not strictly tied to any particular day or the time of the week. Some other factors and regularities influence the movement of price, not the day in the week.
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I can fully agree with everything you have mentioned. Blockchain is technology of the future and could be used in many aspects of different businesses. Still, for biger adoption of Bitcoin and other cryptocurrencies into business enterpreneurs need regulation of cryptocurrencies. Without that they feel too unsecure and too exposed to risks they can't mitigate.
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Crypto business is still to risky and unpredictable so that you could fuly rely on it to have some steady income that is enough to cover all your needs. At the moment maybe the best thing to do would be to combine some "classic" job with some based on cryptocurrencies.
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Is Wirex the first service that will put back Bitcoin debit cards on the market after Visa and Wave Crest issue? Will there be some new features and improvements? Any planned dates for issuing new cards? And what about the others, does anyone has some information? I think market hardly waits for this gap to be filled.
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Why I'm not surprised with thread like this. It seems that some people will never learn that volatility is normal part of Bitcoin. Price was never stable and never will be so don't make panic. This is not the first or the last time that price droped down. Use the opportunity and buy, this is the best you can do.
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I could agree with that. Working smart is always better than working hard. But it's not always possible. Some people don't have enough intelectual abbilities to work smart and some don't have other choice. But I realy think that you are successful and capable if you manage to make fortune without hard work, only based on your intelectual power.
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Nothing that we haven't already seen. It's been a trend for a while that Bitcoin price changes very quickly and this can happen in both ways so I'm actualy not surprised. The price is down now and this makes perfect time for buying, especialy for day traders.
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First of all you have to learn how to be patient, how to control your emotions and keep cool head. You also need some experience and then you will be able to survive the tough times. This is important because from time to time there will always be tough times, you can't escape it. So when you are at losing position the best thing is to wait for the price to recover and the worst thing is to do panic selling.
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Both are good wallets but my choice would be Mycelium. It suits me better and it's more convenient because it's mobile wallet, security features are good. Electrum had recently some security breaches and issues but that doesn't have to be deciding factor.
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Bitcoin is the strongest cryptocurrency but it isn't the strongest currency, I see this as two different things. In some countries Bitcoin isn't even defined as a currency. And I don't even beleive that all governments and countries will find common language about that.
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KYC shoudn't be compulsory on big exchange like CoinBase, they should allow and add limit to Non-KYC users like Binance has done
This is the users perspective and something we would like to see. We like our personal data to stay anonimous and confidential. But from exchanges perspective who are under big pressure by different laws and regulations this is impossibe if they want to run legitimate business. Otherwise they risk a lot and that is not in their best interest.
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I'm not sure I understood this in right way. Are you asking about the exchanging Bitcoin to fiat money through PayPal? If that is the case it's possible and also a rather popular way but I wouldn't recommend it because this is the way that could be very tricky and risky because of many scam possibilities.
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I would just like to say that there is no shortcut or easy and magic way to become a successful trader, especialy not in a short time. And all types of analysis could be just additional help but not something you could fully rely on. Trading is at first place a hard work.
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We've seen such situations on the stock market before. And even worse. As far as I know there is no proved corelation between such crisis and influence on Bitcoin, at least not direct one. I'm not saying there couldn't be any influence but we don't have to expect some huge impact that will cause some huge dump in Bitcoin price.
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