Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.
This is true, as of now a lot of newbies in this industry does not know the importance of patience and only thinks of the profits. There is no certainty in this industry but that does not mean that you would always fail at every investment you make in this industry. There are established coins you could invest on and hold for a while then cash out when the market is at a green state. |
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I believe many people are already aware of the bit. And it still hesitated that if you buy a bit will keep losing it? If it is, it will be too late. I do not think I have any guidance. I just want to present many factors to see that. What is the price of bundles it up or down the day it is due to what the problem? Let's see it. The image below is a copy of the Fibonacci Indicator. I will describe the home language is. The price of time that has occurred, then compared to the future (same as the original) Okay new. Removing prices from the beginning to the present. To analyze the probability of price in the future. It sounds so much easier. But everything is just an analysis. There may be other factors involved that can not be predicted for the future. However, we know that the chances of a price going up there are possible. The Basics of Bit Coin You Should Know 1. The first is that the number of coin coils is limited to 21 million BTC. Over time, the number of BTC coins that have been mined. Or take longer to dig. But the demand for bitcole is very high. This also affects the price as well as economics. I can not add it. 2. Confidence in the price of bit coincidence of investors. It is believed that the price of a coil is unlimited. Maybe up to 10,000 Cc coin or more. 3. Using bitcoin Instead of a payment system. And person-to-person transfers. Or even international money transfers, which you will pay very little. And fast. Can you buy a house or car with a bit? Or even pay employees in the company with bits. 4. The confidence of the people. Interested in digital currency And buy it for speculation. See last year. More trading. There are more markets for trading in the country, as well as merchants or shops using bitcoins to pay for goods and services. 5.The popularity of Bitcoin. Nowadays many people know more about coin coin. As we have seen in many countries, Bitcoin is one of the investments. And some countries are trying to push the use of bitcoin can be legally spent. 6. Bitcoin's price It is independent of the economic indicators of the country. It will be seen that the news about the state of the country will not affect the price of Coyle. 7. The average Halving incident every four years is a reduction in the number of digs awarded in half. This results in less supply. 8. Independence in trading If you want to trade, you do not have to trade at the Exchange Exchange. Unlike stock or Forex, Broker must be an intermediary. 9. The key to keeping the price down is flash crash. The market is hacked. This makes it hard to trust. The history of the previous Mt.Gox from Japan or Bitfinex of China has been hacked, resulting in the price of bit fell several points. And finally, confidence begins to return. The future of bitterness affects the world. Now, a bit more is happening. As you know, the whole world is tied to the dollar. Many countries that are trying to free themselves from the mega are trying to find a way to make their own country not be struck by the economy of the Mega. If the future is good. There are some countries that have used BIT as the main currency of their own country. I believe that day. Those who are prepared will have an advantage. You may be like a dystopian, but that's about the future. But now I'm starting to see a lot of bits in some countries. There are even ATMs to wait. There are still a lot of Exchange markets with over 50% market capitalization in China, as many people know China has been cold war for years. Trying to push gold prices for a long time. The price of gold is not significant. Aftermath from Europe, many people know. I do not know what China might have been. เล่นคาสิโนบนมือถือToo late? If you look at bits as VI shares in the future fall to you or anyone in the world will have to use, I see that it is not too late. Bit is designed to be used from today until next. If you use a bit, you will know that the bit is not too late. There are many other ways to invest with a bit of profit. However, there are two aspects to study the information well. Lactate Not yet, as a matter of fact now is a very good time to buy bitcoin because as we all know bitcoins are at a price decrease lately making it easier for people to buy a whole one without putting the usual large amount of money. And the investors who bought bitcoins at times like these would be sure to gain profit once the price returns to green, we just need to be patient. |
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Has anyone taken a course online on sites like Udemy to learn about bitcoin? I just received a coupon to enroll in a bitcoin course for free. Would it be worth the time?
If anyone has any experience, do share.
You can even learn cryptocurrencies even if you will not take courses about it. There are a lot of reliable information that you can get from the internet about cryptocurrencies. |
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Hey guys, what do you think about airdrops? It’s a good and easy way to earn money. However it takes a lot of your personal time, so is it worth it to take parts in them?
Airdrops have become a staple for ICO advertisements. In fact it has been going on since ICO advertisements became a thing. But as of now, I don't see airdrop campaigns becoming a viable way for people to work on. I see bounty programs as far more superior and profitable than airdrops and far more easier to work on nonetheless. Anyways, these are just my opinions and I may ve right or wrong. |
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This is true. There is no such thing as a get-rich-quick thing here in the cryptocurrency industry. In order to profit big, you have to exert bigger effort and buy more coins. That's what bit takes to become rich in this industry. And also, you shouldn't panic sell when the price is at a decrease as it disables you of the chance to get rich in this industry. These are my tips on how to get rich in this industry. |
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Hey guys, i want to know your opinin about - if there will be again dump and when is the best time to buy altcoins now?
Of course there will be a price drop in the future. Dumps/dips in this ibdustry will never be gone. It is after all, beneficial and essential for tge cryptocurrency abd for the people as it makes an artificial pump-and-dump for the coin. Anyways, the best time to buy coins is when the price is dropping. This way you could buy a coin at a cheaper codt and then expect an increase when the market stabilizes |
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Hi guys,
I was trying to invest around 5K in Etherium. The price at the moment is around 1.2K and as it looks it is still growing. You think is it a good time to invest ?
I think it is still okay to invest on Ethereum. After all it is the second biggest cryptocurrency in the market, only secondary to of course bitcoin. And out of all altcoins it is one of the biggest and most crowdfunded altcoin. So you could expect a great increase after a price drop in altcoin the same manner as bitcoin investors do. So I think investing in Ethereum is still a good idea. |
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So I'm slowly going into crypto and I want to know if any of you trade altcoins daily, or you prefer to hold it for long term? What do you think it's better and why?
Thanks
I prefer to invest on a long-term investment rather than on a day trade. Why, you ask? Because day trading hurts the value of the altcoin you invested on. Moreover, you could gain more profit in a long-term investment rather than a short-term one. And lastly, it would be a waste if you would miss a price increase when you stopped investing right? So I encourage everyone to long-term invest on the coins they bought. |
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The time it takes for the ICO you participated in to give its rightful workers the reward you get during a bounty program usually takes one to two months approximately. But that depends on the ICO you invested in. Some ICOs give the coins right away, some give it in just a week. While some takes one-two months because they first need to finalize documents and datas.
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Seems like most people just want to become super rich in a short period of time.
If you don't believe in this new technology, and just want to earn quick money, I think you will probably not achieve what you want.
All I want to say is be patient, live your life, and don't get too emotional by all the negative news/FUD. Yes, crypto might be ended in a really bad way and you lose most/all your money. But if you truly believe in the new technology, just invest the projects you like the most and hold until it gets mature and returns.
Of course! I believe that cryptocurrency will help me to achive all of my dreams. I believe that I will become rich like many people who became rich through patronizing cryptocurrencies. |
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I would go definitely to both. Why choose one when you can do bounty campaigns qhile investing on butcoin itself or any other cryptocurrency you're planning of investing on. In this manner, I could easily do both and be able to maximize my potential profits due to me participating on bounty programs as well. I think this is the best decision to take as an investor of cryptpcurrency.
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Of cpurse it is still viable to invest on the altcoin industry. It may seem not because a lit of altcoins at this point still have very low values compared to tge giants. But this is okay, a lot of altcoin right now are powered by ICOs that offer promising projects and are comprised if a very respectable and reliable team. Moreover, it's better to invest right now than later when the value is too expensive. So as much as possible.
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I already did hold to one of my bounty tokens and guess what it drastically decreased and when i needed money so bad , i sell it on a very low price which is 50% below the stated price of the ico and checking it again on the market after a couple of weeks and it seems to increased, my point is holding is a win or lose situation.
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There are numerous methods we could take to spread good news and knowledge about bitcoin and how influential and revolutionary it is. For example, we could use this forum to give first-hand true information about bitcoin and processes regarding this cryptocurrency. We just have to make sure that the news and informations we spread and share in this forum is true so no misconceptions would happen.
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the suggestion of crypto was favorable however maybe this idea is kinda new to them thus, they think the possibility of scam. but if you think somehow the digital money or cryptocurrency is more volatile which you can generate profit or lose some money. The power of fiat money will not replaced by the cryptocurrency simply because it has superior governance by the banks and government.
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compare to other the types of currencies, bitcoin's stock chart are noticeably getting higher and higher meaning people are starting to recognize it. concerning on the bitcoin era, i think we are already experiencing it as some countries are partly open to this kind of investment/payment.
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We could ensure bitcoin's survival and success in the market by continupusly exerting our efforts abd support not only to bitcoin but also to blockchaib technology, the technoligy that powers it. With this, and some measures to take like minimizing or if possible, completely preventing panic selling, we coild rest assured that bitcoin would be able to survive in the market and possibly in the currency world.
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the introduction of cryptocurrencies in the currency world is very possible. as a matter of fact, even as of now few countries have already adapted this kind of payment though, it's too early to predict what might happen. but it'll be positive since many people are already into this kind of investment. this makes me into thinking that cryptocurrencies are the currency of the future.
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technically speaking, from past years up to now, it's value is only getting higher and higher in the maket. therefore, you could assume that it's value is already reaching it's peak. however, this doesn't get you into thinking that bitcoin will not be more profitable in the coming years, there are still a lot of bitcoins that is still not mined yet so I think it will still be profitable until so.
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the idea of cashless society is just basically a convenient way to spend/save your money without having to bring a wallet and an actual money with you. i get the fact that it was more easier to put it that way but, it is just that you tend to forget that physical and digital money may have the same characteristics but they differ in some instances. and not all countries are that advanced when it comes to that way of payment.
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