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Bitcoin is better than cash because the value of the bitcoin are increasing and decreasing more than real money the value are stable. The transaction to other user of the bitcoin is so easy and faster and we need and the frees to transfer coin is have so small amount frees in the real money the frees are too huge.
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Yes absolutely. But I managed everything such way that hacking can't do anything too bad for me. I think it is a natural fear, you just have to be careful. So make sure always high security on your accounts like strong passwords and enabling always 2FA because that really is necessary one. Your private key never shares to anyone in any manner or on any unsecured site to prevent your account from hackers.
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I think not for now but there will be time that time will come that this bitcoin will be discovered and grow and will be use as a new currency on the new era. Bitcoin will be successful and become not only an electronic money but will be a country currency of money. That bitcoin will be used in the market as money in change of products.
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For me the best thing to do is to keep the bitcoin put in the banks so that the money can not be lost because they are secure and that you will be sure to return the money back to you. And you can also keep the bitcoin in online wallets because it's more secure as long as you just do not forget your accounts and can be at home because it's much better to get you through far away because when home is more secure here because you are near.
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My suggestion is if you have small balance about 0.005 BTC, you can still trading, you can try to buy 1 sat to 10 sat and start making profit once the altcoin you choose is increasing. And then your profit you can trade it again with other altcoin to make profit. Untill you can make profit 1 btc in one week. With trading Bitcoin I sure you can multiply balance only some days.
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Well with this small amount it is very hard to buy some good coin but we can still buy good altcoin with this amount of $50 Like Dogecoin is good to buy with amount it is easy to check the market for our investment amount. Bitcoin is very difficult for me to buy now a days as i have purchase some portion of Ethereum because the market value is good and it is helpful for me to invest in the crypto market for now the future is bright once i get the profit in this market then i will come to the bitcoin as well.
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Nowadays people are really into a social media. Every businesses need a promotion so that it can attract people and their products will become popular. So social media promotion is the best way to promote Bitcoin. And since social media is very influential, it will attract many investors to invest bitcoin and many people will get interested about it. Also, It will open a large market because people are always available at social media. And it's easy for them to know what Bitcoin is. And through this for sure bitcoin will become bigger and influential.
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For me i prefer bounty campaigns than investment because you will only risk your time, investing in ICOs will give you a lot of risk because most of these are scams,created just to raise funds. Well in bounty hunting you will need to have some effort to acomplish the task that was given weekly and you will get paid after the ICO has ended, truly bounty hunting is profitable.
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Many people are against bitcoin because of insecurity because of the sudden uprising of bitcoin, they got shocked and they're being threatened. One of these are the banks, they are scared of bitcoin because it is more convenient you just need cellphone. You won't be needing paper or coins. Another is that they think it is scam and people hate it that's why they are against, some are not familiar with bitcoin.
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There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?
Trading is unpredictable of course but usually it cause loss for whom who do long term trading. Like if we buy bitcoin and hold for months. It's not that much risky for day Traders and Immediate traders. You can hold your coins for one two days (if you are a trader) but don't hold for long time other wise be ready for loss. Then being master is not easy. it need years to be a trader master. One suggestion start with altcoin trading. if you are a newbie. Altcoin trading don't need huge investment. |
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I'm a short term trader and i would really plan to sell of on a particular price point if i do see that i'm already on profits and buy again if the price would dip again. It would depend if you are holding for long position or either on short. We should sell on those price when we do see that we do earn profits and never ever sell on lose because price will eventually rise up again for sure.
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It is important to breakdown the manipulations, monopolies and financial system in the world. This is the breakthrough where we have free will in our financial system. Everybody has opportunity to get earning by bitcoin, you cannot have any earning by any currency that country have in this world.
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So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
The loss we're saying is always a part of any business and a part of having a successful future. In investing you either earn profit or loss its always a part but what you must do is always have a positive perspective and learn from your loss then apply it in your next steps of having a big profit and having your sweet success in future. |
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There's nothing to worry about actually. Perhaps only a handful of individuals, if at all, are quitting Bitcoin. On the other hand, the people who are coming into the Bitcoin world are in bulk. This is going to move forward always. Never backwards. The price may dip a little every now and then but that is very normal in a fluctuating market which is highly dependent on the demand.
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The demand curve is dependent in the demand for bitcoins. So if people stop buying Bitcoins, the demand will just go flat or go down if some people will sell. This is a simple supply and demand lesson and it's relationship to price. However, I do not see that happening early this yesr because things are just getting started with Bitcoin. A lot of people now would want to start investing and thanks to the social media, Bitcoins is one of the top choices to invest on right now.
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I think you can stay on your stable job while trading in bitcoin for the extra income. Your job is your monthly income and bitcoin trading is your extra for a good profit. But you need to focus also if you going in on trading because some of time the value of btc is going down or up. You need to monitor every hour for the goods.
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