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While we are in a bear market. There are no direct signals on the growth and start of a bull market. The turning model is also not visible. Short-term growths of some coins are temporary shoot, which do not change anything.
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I would like to hear what % of ICO tokens you think is adequate for project developers to own as personal funds.  This figure is in the region of 1%, maybe less. This is already a well-known fact. There is a bad history of ICO projects over the past 2 years, and it is depressing. |
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so, how it's going? i hope you're all fine and in a perfect mental condition to help me. just share your secret, how you handle your stress caused by abrupt drops? how can you stay alive when one of the morning brings you news that your chosen alt has lost a lot in price? is there any chance of keeping your head cool? i may be too emotional or touchy, but really, isn't it outrageous that after all your time-consuming researches and observations and readings all you get is zero on your wallet? i would simply love you to tell me how you reduce the consequences of it. i can't be the only one who is so anxious about crypto. sometimes i hold my breath before updating information considering crypto. deep inside i think it might assist me in some way, somehow affect my chosen coins, haha. is that normal? have you ever felt that way, too? what are your thoughts? don't leave me alone in the darkness, please!
Dude, come on, stop crying. Firstly, you knew where you were going and you probably understood that buying a cryptocurrency in a falling market is like trying to catch a falling knife. So that your balance does not melt before your eyes, put a stop loss and all problems will be solved at once. |
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The whole world is focused on ETF bitcoin. It is enough just to approve the ETF for bitcoin and all the crypto currency media to fill the news tapes with this event.
And I personally expect the growth of altсoins to the end of the year.
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For me, it's wild to trust a crypto bank, given how much fraud there are now on the market. The possibilities of a cryptobank as an independent organ look great, but do not yet inspire confidence.
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I think that the main 2 advantages that are the basis for choosing bitcoin as an investment are Bitcoin Security Factors and Can Be Used As Savings.
I only need these reasons to choose bitcoin instead of dollar and euro in the bank.
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I have 3 favorite books:
Gavin Kennedy - Everything Is Negotiable: How to Get the Best Deal Every Time
Edwin Lefevre - Reminiscences Of A Stock Operator
Dreiser Theodore - The Financier
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I wonder when Bitmain will announce the creation of new asic miners for Bitcoin to increase the value of their shares. I am sure they already have new models, but the company deliberately delays their announcement.
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Worst scenario: news is pressure on Bitcoin, made on a negative decision about ETF, and until the end of 2018-the beginning of 2019 Bitcoin continues to fall to 4000 dollars
Best scenario: bitcoin ETF is accepted and bitcoin goes to the goal of 50,000 - 60,000 dollars.
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A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.
This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.
Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment
1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year
Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.
I have one good reason. I am sure that in the future the number of holders will increase, thereby reducing the number of free coins in the market. The increase will occur for several reasons: 1) There are a lot of people in the world who take bribes and keep their moneys at home under the floor or put them offshore, which is not easy. And what is the most convenient and safe way to store dirty money? 2) Over time, the number of people who invest their savings in bitcoin will increase. Now most people choose the dollar and the euro, but everyone understands that the impact of the dollar and the euro on the world economy will become less in the future, and the significance of the crypto currency will increase. |
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Gold now acts only as a highly liquid asset and only. In the case of crypto currencies, everything is different. Firstly, this is also an asset, and secondly, a technology that will work in the future and will be useful. And in the future we will see how gold will no longer be such a valuable asset. In the future, gold will be digitized, otherwise it will not be competitive, because it is tangible and it difficult to store and transport.
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I believe that a hodl strategy works very well when the correct entry point is chosen. If you buy some kind of coin and lose 80%, and then wait for it to grow, this is not the right case - it is patience and torment.
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I do not think ETF will affect other coins. If the growth of Bitcoin begins, the Altcoins will not grow, because investors will see the growth of bitcoin and try to jump into the outgoing train.. Look at the example of last year.
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This is unlikely to improve the country's economy, because banks will not be able to receive such commissions as they are now and will not be able to control cash flows. That is why cryptocurrency is still not accepted.
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It is impossible to judge the trust in the exchange by the volume of trade, the Exchange itself can raise a volume for attracting new customers. I use 5 old exchanges, which completely suit me and I do not want to look for new ones.
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In altcoins, there is a prolonged lateral movement, which can serve as a zone of accumulation of positions. In bitcoin, such a zone is not yet visible, so I don't believe in the nearest growth of bitcoin.
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Smartphones will never mine bitcoins, because there are asics miners for it. Mining requires a stable Internet.
But I believe in the introduction of a wallet in a smartphone, becouse that in the future it will be a vital function.
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ETF is a significant step in the development of crypto industry. The effect of ETF will be significantly higher than from futures. ETF offers great opportunities for ordinary people to enter a new investment market.
But 50,000 dollars before the end of the year, this is something unthinkable.
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Lets get discuss about the differences between the developed nation and the developing nation.
First of all employment is the thing which makes the countries stand out from each other in well developed nation there will be enough employment option will be made by their government according to the population on their country which can increase the better standard of living in that countries but the developing nations are struggling to find the job opportunities for their people.
Unlike developed countries, economically developing countries are called countries with poorly developed economies, low economic potential, backward technology and technology, a non-progressive structure of industry and the economy as a whole, trying to overcome the barrier of backwardness, to reach the level of more developed countries. |
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For my country, keeping savings in gold is more profitable than in the national currency. The national currency lost 2.2 times in price over the last 5 years against the dollar. The situation with gold is more favorable.
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