The loss of your cryptocurrency private key also means the loss of your digital assets in the particular account.
This is why one should be extra careful in handling of the private key and password.. as there's no known recovery measures in place presently.
I heard. First, we lose our password we lose our money that's why I made a print of my passwords and placed them on my draw. Its are highly risky to tell someone your private keys so better to care yourself about your keys. Once you lose your wallet password your money will be will be lost forever |
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You have nothing to worry if you secure your account properly. Keep your codes and passwords plus wallet keys on a safe place and be sure to use 2Fa authenticators so that it will be hard for hackers to open your account.
Hackers are always there, looking for loopholes to take your money. This is not just cryptocurrency. But in all life. Therefore, save your coins / tokens in the wallet that have a private key. Then save with the maximum level of security, and avoid using public online. Accessing the internet with a personal computer. And do not enter your wallet via web links. This can be the entrance of the hacker. Also save offline. Hackers are never careless, so we must be vigilant. Cryptocurrencies are not safe with hackers. We have to take the risk of storing coins in online wallets but if we use any hardware wallets, hackers won't able to access it. Anyways its right nothing is saved from Hackers hands recently I heard excellent news hash got hacked and the stole a lot of coins. |
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Bitcoin is volatile it should go down to increase its price you should not worry about it you
Have to buy more coins when the price falls. About the reason well there's any reason why bitcoin fall any negative impact can take bitcoin's price down.
False news, Selling coins in panic, or the banned of cryptocurrency countries
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Saving money in a savings account is like putting money in a pocket with holes. Banks only give you interests that are lower than the inflation rate. It‘s how they make money. You are better off investing in ventures (Crypto currency) that give a return higher than the inflation rate.
There's much difference better banks and cryptocurrency. If you want to double your money fast you can Deposit your money in blockchain by buying some coins. Where banks take sometimes to double your money But about taking risk Cryptocurrencies are always in the top there are huge chances of losing money where banks keep your money save |
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A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input
Well, I think if I were not investing in cryptocurrency industry I would rather invest in a real state. For me, investing in real state gives you more income and it is good to put your money in real state because it is a long term and money of us used to want to have their own property. And I think this is a good investing nowadays. Real State is a big investment so always think before you decide what to do. I think buying properties is also a good way of investing.I already own some properties in my area, Government is now working here and the demand and price are increasing. The second best thing is buying Gold or silver and hold them save as bitcoins it will give you some profit in future |
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Maybe banks become weak and they also involve with crypto currency. They offer people can use their banks to save bitcoins. Who's know they make their own wallets and gives an offer to their peoples. But it Can change the use of fiat also it can affect the economy too  |
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As of now the government of each countries have not yet putting much attention to cryptocurrency ,but there are government that already accepted bitcoin and crypto, government are not so scary ,only that they want to regulate the cryptos and bitcoin when ever they will accept and make cyrptos legit.
Why would government kill their people for bitcoins they can be punished by applying charges but I am not Agree with killing people. Also, for the government, it’s hard to reach since bitcoin is anonymous and can not be tracked so its impossible for them to catch us |
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Because bitcoin is hope and it will never lose your money until you do panic sell.
It doesn’t matter when you invest bitcoin return your money with the double.
People are aware they know bitcoin has some extraordinary potential it will rise more when fall does.
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We all know bitcoin is not stable volatile it will increase and many predict said it's just temporary we have to wait till December it will be on moon 50,000$ per BTC is waiting for us to just believe in cryptocurrencies.
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Maybe it can be replaced with ETH or bitcoin cash. I know bitcoin is the number one currency and mother of all alt coins but we should not forget second and third coins which are Eth and bitcoin cash. Both currencies have the huge stamina and they're increasing more than bitcoin since BTC is losing its price I don't have any idea why it dumping but if you look at eth and bitcoin cash they're going up if the things happen of 1 year I can bitcoin not only replace but it can vanish.
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Better to wait some more. There are huge chances of decreasing bitcoin price below 2K or even more but you can't say it is the end of bitcoins.I would like to say buy some more bitcoin it will never end I know its a hard time for every investor they have to take the risk because you only gain profit if you take the risk.
It's not a threat its just a bad time do no sell panic wait and hold your coins show penitence I am sure your penitence will give you profit
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We all want to live in big houses that we cannot afford.  We are all Bitcoin enthusiasts here, however, Bitcoin is, let's face it, a high risk investment. If you bought Bitcoin at 200$ (or 2$!) and sold at 19000$, the road to "big house" is easy. But most don't do that, exactly because they don't afford to do that. And if you have to watch your investment scared that you may be losing money, like many who bought at 12k-19k last December, then you better stick on smaller goals. The best approach imho is to achieve something stable you can afford with the traditional way, even a loan in the bank, and invest only some surplus "you can afford to lose" into crypto. Of course, the bank loan doesn't have to be too big and nearly impossible to be paid. And then, whenever the crypto currencies grow big enough for your needs, you can pay the loan. This may happen in a year, or 10, or not at all. If the loan is paid with the help of crypto, then you can dream for something even bigger. One step at a time. I think buying bitcoin is good and can give you more profit than buying properties. Bitcoin has a different potential its price can increase faster than any other investing platform. Also, we can buy coins at any price while for the property you need a huge amount of money also it takes a lot of time to increase properties price |
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Hello all. The current situation of the market is not so good. I believe that some of you are panic, some are giving up, some holding to die.  Could you please share with us your current investment strategy so that everybody can learn from your good practices and overcome this tough time?  There's nothing special strategy in my investing I just do simple invest mostly i buy coins when the price fall i never turn my money into bitcoins I just do simple invest i buy coins hold them never do panic sell. I also prefer to do trading. just do simple invest it will give you huge profit without any lose |
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As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of virtual currency or bitcoins.
The future of virtual currencies is virtually assured but the forms that bitcoin mining..leading virtual currency has become so mainstream that companies like microsoft I can't predict cryptocurrency spicily bitcoin. There's no way to describe bitcoin and cryptocurrency there nature are volatile and every person gives there opinion when they watch price chart When the price dump people give a negative review when its pump they all start supporting bitcoins My opinion is neutral, I can't say it has a good future or bad anything can happen in future |
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Hello, community. Political, economic and social news in the media significantly affects the life and behavior of the crowd. How can crypto news affect the movement of the market?
You turn your TV on heard the news against bitcoin you didn't realize its true or false you went to the computer and sold your all coins to prevent losing what you did ? you heard the news without getting any info you believe the story and contribute dump for the bitcoin. Its effect terrible in the bitcoin community |
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It’s hard to give such an answer. Bitcoin was release in 2009 and it has not be replaced or outdated with any currency ever since.
But I found some reason by which bitcoin can be replaced or outdated. The first reason is dumping its price and pumping the price of alt. The second reason is the banning of bitcoin in some countries. People can start to leave bitcoin and can choose other coins since ETH is the second coins so it can be outdated with bitcoins. Nothing is impossible
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When I was a newbie that time I hold an amount of altcoin but at this moment I just start quick profit. Day trading is a very risky but I accept riskily and all time like day trading because now I am professional cryptocurrency trader so I know market prediction very well.
I don’t afraid to start day trading. At first, I follow the cryptocurrency market then I buy some coin and when the market price is growing and I sell this coin. Buy and sell this is my first strategy
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I think it will blow way past $20 000 this year still Maybe in December, it will be 10,000 or more. Actually, bitcoin price is depended on us we have to support it. We should not sell our coins beach it caused to decrease the supply which effects on its price too. Bitcoin has more potential than any other coin it will be higher soon i can say with confidence take my words that i will repeat the history and break all there previous records |
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You are right people not only wait for months they wait for years.I my self is bitcoin holder and i never do panic sell when the price start dropping. its easy when the price decrease you should buy more coins because of bitcoin increase double when it falls down.
Show penitence in your investment and do no do panic sell. when I was new I did a mistake I sell my all coins when the price dump after that i understand the game of bitcoin and its working process
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I think now the best time to buy bitcoin. Now the bitcoin price is low. If you buy bitcoin now and sell it after rising price, you will get more profit.
Maybe you can buy know since I see the market is falling which is good for us we should buy more now the reason is bitcoin will rise for sure. I can say with confidence when the price dump after few months it pumps like hell i know bitcoin very well i have a good experience. I my self buy a lot of coins and soon I will gain more profit it's possible that it can make me rich. Bitcoin is like a SPRING more you press it more the strength will come and more the bitcoin PUMP |
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