True HODL is done on a safely stored cold wallet. This makes the act of selling a laborious task preventing panic selling...
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Sad that Bitcoin Cash was still sorta considered a major coin when Paypal initially made the decision of what coins to include. Gives legitimacy to a fraud coin.
Welp, the major criticism from crypto-haters that you can't buy anything with Bitcoin just died a quick death.
Will be interesting how this affects the market long term. While it means you can widely use Bitcoin around the world, it doesn't change the fact that it is smarter to hold your Bitcoin than spend it in most circumstances. Also since Paypal just converts the crypto to fiat and sends fiat to the merchant, what this really does is add sell pressure to the market - very different than if people were accepting Bitcoin and a widespread bitcoin-to-bitcoin exchange was happening. Still, this is a slap in the face to every critic who says Bitcoin isn't a currency, since it will now be widely spendable, even if it is indirectly.
You do know that BCH is actually the original Bitcoin right? BCH might be a shitty coin but it isn’t a shitcoin....
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Bitcoin and ethereum is now increasing the price day by day. How how to choose and invest the coin. Bitcoin or ethereum which is the best future investment and how to invest the coins. Kindly explain me the Bitcoin and ethereum coins deats. Kindly share the link also. Which is best opportunity for invitations coins. Kendriya give me your advice to invest the best coins
BTC is the first digital currency and no doubt the most reliable coin for investors, that is right ETH is also the best and this coin is my second favorite coin. But the answer is absolutely BTC and you can check the results of others, you can see that BTC has always made happy own investors. No exaggeration to say that ETH price depends on BTC movement, if BTC starts price increasing, ETH starts also getting up. Both of them show us great movement and as you said their prices are increasing day by day. If you want to invest in ETH, l would say ETH is the best for long-term investing and no doubt if you can be enough patient, you can make good money from this investment in the future. +1 I added ETH for fun to my stash and percentage wise it outperformed BTC. But I intend to convert it to BTC or $ at the top of the cycle. BTC remains king. Might buy more ETH at the bottom depending on sentiment.
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The ship is free... Bitcoin looks like it is free to go too
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Enjoying the pump
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Marketcap is the currentprice X the total amount of coins.
1. Not all coins are accessible 2. Not everyone paid the current price for their coins 3. If everyone would sell it doesn't mean you get the current price
Aka Marketcap is a flawed concept and does not represent all the money that went into the system
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My name is Cleomar, I live in Brazil, I am sending this email to ask for help. Because of the covid-19 pandemic, my country is collapsing, my mother and I are in quarantine and our resources have been depleted, the government is not helping and banks are not taking any chances to grant credit. I know that the purpose of the forum is not charity, but I really don't have anyone else to ask, I am in several forums making this request, if you can help me I am grateful, any amount of bitcoin will help me, if I cannot thank you your attention, thank you.
BTC Adress 35DAawtqH7kHsUzTuS8b6qEMWvrsxZcuN8
Buddy, you wouldn't believe it, no country has that kind of credit. Everywhere you have to EARN money. Can you imagine? I can offer you a job for 1,200 reals per month before taxes. What do you think? Dude had 0.8 BTC on that account
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Its still not late to get in, I always hear this now I wish I wish...well go buy. The top has not yet been hit for sure. As much talk that crypto has gotten in mainstream media it is just starting to hit peoples portfolio. Once it's in everyone's we will be well past 5 figure usd bitcoin. Buy now and buy as often as you can.
Exactly multiple tactics - buy now and hodl - Buy now. Sell at 100-150k. Buy back 300 days after ATH. - DCA buy $X every week/month and don’t look at price Any of these are close to guaranteed >20x profits if you dare to wait 4-5 years....
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Damn I should have bought more
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I remember someone like this in the early days. He did pump an dumps like this, and because of this he got a lot of attention and eventually got screwed over.
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Looks like a little pump north of the bull flag. Fingers crossed we go up to 78k
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The reason for this happening very often is that the winner of a lottery is a compulsive gambler. Most compulsive gambler's play too much and A) they win a lot of lotteries. B) they tap out since winning was not why they were gambling compulsively. With My luck mining BTC it looks like I will be a millionaire in about 6 or 7 years. I will be 70 or 71. I can handle being worth 1 or 2 million. But If I were 16 and won like she did I would have fucked up bigly. BTW no matter what you think about Donald Trump 'bigly' is a nice use of English language so I do thank him for that. Wise words... I started with Bitcoin when someone at work told me about it. That was when BTC was $90. It was the best reason to buy video cards. Made some because I was intrigued... not because I thought I would get rich. I thought I was late in the game but held on to my small winnings (only a few coins). My poor-ass investment grew and I viewed it as a lottery ticket. Now I realize that I am one of the few that did the true HODL. Bitcoin wasn’t as trusted as it is now. An investment now is so much more trustworthy. Bitcoin will pay for my full luxurious retirement :-) So yes even if you don’t hold a lot it WILL compound over time. The moral of the story 1. Those video cards made 250x their money 2. Even small amounts of BTC will bring you >100x returns if you just leave them for 10 years or so. 3. Bitcoin is the best investment in this century....
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Just 3 days back bitcoin was standing firmly on 60k and right now its falling badly. Price now is 51k. Bitcoin has one of the most volatile pricing model that almost impossible to predict. We may think that its end of bull run while bitcoin may be at 60k in next 2 days. You never know.
Zoom out... see the bigger picture... Don’t trade the 1m charts Trade the 1D or higher charts Or buy&HODL This will show you the pattern... https://www.lookintobitcoin.com/charts/stock-to-flow-model/
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The thing with bull market is that every correction has a chance to actually not be a correction, but rather the beggining of the crash. I remember how when Bitcoin was hitting $20,000 in 2017 and then started falling, everyone was saying "HODL" and that it's just another correction on the road to $100k. People who buy deep into the bull run should really be careful about it, otherwise they'll have to endure years of being in a loss on their positions.
This^^ You need to get out before or bite the bullet when it goes down. With bite the bullet I mean accept a 20%-30% hit before or after the ATH. OR just HODL 4 more years with your coins on a cold wallet. Looking at the S2F model you can gauge when to get out if you want to increase your holdings.
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if the Bitcoin price is still below $ 100k honestly I will find it hard to believe the price of Bitcoin at $ 200k, because the bullish time might end this year, and in Q1 bitcoin is still at the $ 50k level, yes this is not a bad thing, it will But if everyone wants $ 200k this year means greedy community and holder levels are getting higher, and this is a red flag for the market, maybe 2018 will be repeat again this year.
Just to show you some perspective, and that is is attainable... Note: it’s logarithmic scale...
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$10k can only happen if the fundamentals of Bitcoin would break. So yes I would not be happy....
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Add a 10% take profit and I think you are golden...
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Only question I would have if I pay for a Tesla with BTC am I still liable for Capital Gains Tax or not. If you pay for it without converting it to fiat your not liable, for the simple fact that Bitcoin is outside of any country jurisdiction. If you use a payment processor or such to use government property as in fiat you pay full fiat gain. Anything which belongs to country (fiat..) or is registered in a country (car, company...) is taxable. If you create your own token it is your property just like when you knit a jumper if sold for fiat, taxed, if exchanged for another non government property (another token, homemate something..) its not. Not tax advice Your advise is bad.... and verifiably false Physical gold is taxed under US law. Crypto is too... Knitted jumpers too if you make them with intent to sell... https://3commas.io/blog/cryptocurrency-taxes-guideMore if we don't pay taxes then whole system collapse... Bitcoin is not against taxes... and it's never intended to do that... let suppose Bitcoin goes mainstream and we start getting our salaries or income in Bitcoins aren't we supposed to do our taxes anymore? Bitcoins opposes inflation and no controlling or monitoring body and that's it other things should remain as it is. and yes, you are questionable by authorities about how you got your Bitcoins? Of course, you can argue how would they know if you keep your Bitcoin in a secret wallet. Then what is the use of those Bitcoin if they will stay in your secret wallet for ever and ever…. one day you have use them. Let it be your expenses, housing or any other liability and at that time you have to prove the ownership of those Bitcoins if asked. This is my point of view... yes you can disagree. Exactly. My point was that you aren’t exempt of taxes You can hide these taxable goods, just like burying gold in your back yard, but this is your own responsibility. Nobody can take your bitcoins unless they have your keys... I would pay the taxes, just so that cashing your millions won’t put up red flags and give you tax evasion dramas... My 2cts
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Yeah this time it will be even more insane Exactly! Instead of something like $20k to $3k, it'll be $61 0,782 to something less than $1,000 ,000. Fixed your typo bro it
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Only question I would have if I pay for a Tesla with BTC am I still liable for Capital Gains Tax or not. If you pay for it without converting it to fiat your not liable, for the simple fact that Bitcoin is outside of any country jurisdiction. If you use a payment processor or such to use government property as in fiat you pay full fiat gain. Anything which belongs to country (fiat..) or is registered in a country (car, company...) is taxable. If you create your own token it is your property just like when you knit a jumper if sold for fiat, taxed, if exchanged for another non government property (another token, homemate something..) its not. Not tax advice Your advise is bad.... and verifiably false Physical gold is taxed under US law. Crypto is too... Knitted jumpers too if you make them with intent to sell... https://3commas.io/blog/cryptocurrency-taxes-guide
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