I khow many countries government are not allow bitcoin.nowadays bitcoin became very popular and country can move forward as a result of using cryptocurrency.
So, I think now the government should take a good step.What do you think about it?
They don't make any benefits from Bitcoin that is why they wanted to stop the growth of Bitcoin. In fact, they have been talked about controlling Bitcoin and make this a centralized currency and the good thing is that they fail because there is no support given from crypto holders. But maybe we are so lucky that it is not banned in our country, people can freely use it to spend buying stuff and any online payments.
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It depends on what I am investing with, in futures trading I grow my money from 30$ to 150$, I just follow the trend and make things possible even though the market is having a dip sometimes still in futures I am having a gain because of the pair that I am currently playing with, in terms of spot, I'm still waiting for the right time to sell my bitcoin in USDT pair so that I don't be hurt so much because of the high fees these days. Can't imagine, if you have a $1000 capital, multiplied by 5 times, it is a big money already. More capital, more gain but possibly, it is more money to lose if you can't make it right. But as long as you are buying Bitcoin at a cheap price, making money from it will be easy for you. Anyway, not all have that guts as usually, starters will use small amounts just to test the market and so themselves.
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~ Not sure which part of the world you are living, there are several restaurants accepting bitcoin and several other currencies as payment across Europe and US. There is no reason for a state to interfere unless and until you are dealing with illegal trade or money laundering. I used bitcoin transactions in restaurants in the past while i was travelling and it is not big deal anymore as everyone knows about the cryptocurrency market.
not only restaurants but several large companies and other shops that accept bitcoin payments, please check here https://99bitcoins.com/bitcoin/who-accepts/some last a long time, some only in a certain period. we have to realize that this is not yet fully adopted, kind of a test run if I think. but this is already pretty good progress. By making bitcoin an alternative payment, this means that the company owners see the potential of their consumers. The name crypto has been globally known to big companies, a reason that they are considering accepting this as they know it was an alternative way of payment aside from having fiat. Cashless payment has been an exercise for some companies for several years and this new digital currency is just like the same system but the problem is on its volatility.
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It's a shame to see so many people buying Ethereum for 1300$ this year, its crazy you know, where are you guys when Ethereum was 150$ in 2020? Oh, you probably still doubting about what if, isn't it? Where were you when bitcoin was 3600$ Some people have already make 30x from different altcoins that you are now looking for because they understand how crypto works, buy low and sell high, that's the rules of the real crypto hunters. Now I'm just fearful because others are been greedy. This just like people buying BTC at $20k in which they can buy it $4k, $5k, or at $10k. This is a thing happening when we don't have trust and usually, we wanted to see the market grow first before investing. FOMO, a common thing it happens in the crypto market. Mostly new investors will come when the market is already in the bullish season and this could be a reason why we easily dump as they are the ones to dump their coins first.
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Fortunately I dont know bitcoin from that age, lolz. But I get jealous of people who are in the crypto since that period but they have not bought them or did not trust it at the first time.
You might be jealous but you shouldn't. The reason why? it is because it is not your time to do it, they know Bitcoin first compared to you, they are buying and risking their money because they believe that Bitcoin will give them a great return. Because if that you know it together, you might be doing as well or you might ignore this opportunity the same just like what the others did that who are now in regrets.
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TLDR; i guess i wanted to ask that have you guys learned any lifehacks to overcome your weaknesses?
When I see a situation where I know it's not the best for my abilities, I'm trying to stay away from trading. For example: when there is a too big gap in prices, I'm trying to stay out instead of guessing the price direction. This and other similar small steps improved my results over time a lot. That's exactly what we do. We don't need to push ourselves into a thing that we never know. Trading is risky, almost everyone will fall into losing if mismanage, weak hands can no longer consider this as their best shot coz this will only give them losses instead of profiting. Weakness is a part of our life, you can change it depending on your mindset but not all had won, some remain afraid and a lot of worries. What I do in my life is to be more positive, which helps to keep our mindset positive as well.
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The price is 37200 right now.
You probably miss that we reach already above $40k. I supposed to think that was already the NEW ATH. But if we talk about the crash, yes, it could be possible someday (not know yet) but I don't think that it be a hard dipped to happen. The market sentiment is showing a strong resistance, many big companies are adopting crypto, institutional investors keep moving their fiat money to Bitcoin. I can see a sustainable market level at $10k if able it bounces back.
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Not all of us do trading because they consider the risk and their capabilities to do it. We can do investing but some also quit for they are impatient enough to wait for a better price to sell their coins instead of being affected by FUDs and do the panic selling where losses had come to them. To ask which one has a profitable advantage? The answer is, what you want to do, trading or investing? because in reality, you need to work for it in order to generate income.
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He got scam himself after seeing the Bitcoin price move higher. Yeah, it is really hard to convince people especially when they are close-minded individuals. And that even they are listening to you but then, we can't assure that they got the point what we say. They only appreciate this thing if they saw with their eyes that you are making good in this and that they saw that you are also improving yourself, otherwise, it is just a waste of time.
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Well, yes, if you are a long hodler and want to get the most of your alts then by all means. Traders always get a field day when trading with alts and bitcoin. So definitely it is great to buy alts, all the time as a trader. Just make sure you have made your decision with which alt you are going to trade or invest with. In my opinion there is no good time or bad time to invest in alts as long as you support the alts and you trust the alts so much that you are confident that this will be developed more.
Yet to be good to start at the bearish season. It was a mistake why just people had come into crypto investment during the bullish season. This is could be some reason why people suffered big losses for they buy hypes coins and fall into their trap. It was a complaint that new investors asking why and why they lose. Of course, they will and they don't even bother to make a search and study the market behavior before investing.
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So quick back story I'm poor/disabled and trying to make a few extra dollars since I'm out of work.
You'll be taking a high-risk mate if you are investing this time. Though BTC is a good coin to buy but seeing the market flow, I'm afraid if prices will dump right after you bought some. I suggest you to consider ETH this time as its price just started to heat up. You can probably catch the best price to hold and gain profit for it in a short period of time.
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It is likely that we are stopping at $34,000. I think we are not yet done with the bullish season as the BTC price still at high and altcoins had come to follow. Ain't to say that $20,000 is not possible as we are in that level before, the chances is big and that only it happens when this bullish had come to an end (in the coming days). We know that this Bullish season can't be forever and that we get back down again sooner.
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If a transaction enters your wallet without your knowledge and then the transaction returns to the same account, there may be a security weakness. You may have someone stole your passwords. Other than that, I don't have much of an idea, frankly, it's the first time I've heard such an event.
yes I also heard about this for the first time and it was very confusing, because if it was true that the hackers did it, it was impossible for him to return the money, only suggested for the OP when the money came in again, immediately move it to another wallet and also avoid the exchange. . That seems possible because he can't able to withdraw the fund. The address that he has shown to us is beyond his control, it is an exchanges wallet address, and any transactions that he has seen is that a part of the exchanges transactions, not solely for OP.
@OP, to avoid that confusion, you better leave that wallet, it is not yours, you are not in control of that and if you keep using that wallet, you are just feeding these scammers.
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AS what I have seen in the article I've read and I believe the source of OP: article, Australia could really be the rank one at biggest countries that gamble the most. Why? Because it provides all kinds of entertainment starting from slots, cards, betting, and lotteries. The article that you have mentioned was last 2019 and we gonna expect changes this time especially when the pandemic started. It possible more people are making online has gambling habits. And as I keep searching online, there is no latest result about which country is taking the lead because it probably not Australia anymore, or somewhat coming from the US.
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Over the years I have noticed that most alt season started as follows: 1. $BTC pumps first.
It is a long wait for the moment that ETH and the rest of altcoins do the rally. Bitcoin price did spike in the middle of last year but altcoins keep that deep then until we got this new ATH for BTC and waking up the entire market. I saw the rising trend on the top coins in the market and some new coins but this will not help for the rest to behave that way especially for the deadcoins.
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With all the happenings and events right now, it is not possible but probably it takes more years to come or another halving. We all that having optimism and we can't deny that price will move high if the market demand will do the strike again.
But for now, I set aside this first, what I looking for now is how altcoins move after ETH hitting its new ATH.
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I am far from thinking that the market will experience a crash now. But then, that's my thought. I could be wrong. What do you guys think?
You could be wrong and all of us will do the same. Nobody thought also that $33,000 has to reach, the same as I think that we hardly touch $25,000 from scratch to a very expensive crypto coin in the market but it was given the chance and here we are now. Well, that be in a short stay, we are getting over for that highs and slow down a little bit. I tried to speculate that it might go down below $20k.
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I see the price is stable and I can say it`s a really good acheivement for a new project in our days, because a lot of new projects die after ICO or listing on exchnages, because of the wrong token policy and managment. I have seen Amepay bounty here and even wanted to participate. Maybe it was a really mistake to miss it
It was not the mistake mate, it was just commonly happening since all AMEPay participants aren't sure as well if that could get such a thing. This is like a gamble, a win or loss on our part but luckily we have this great news and already been listed at www.bkex.com which drags traders and investors to invest in this new project. And this also gives assurance for the participants not to worry if they got nothing or not at the end of this bounty.
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Should we have to sell it now? Coz I also feel the huge correction to follow and might investors now are hyping altcoins these days making them the price hike. I saw that some of my altcoins are gaining price back slowly, this gonna be showing something altcoins season to follow next to Bitcoin strike. I make myself to get prepare for the incoming and anticipate the possible full back of Bitcoin.
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