Today, it is better to buy altcoins rather than bitcoin because altcoins' price are lower and can be easily bought. For me, the best altcoin to buy is eth because you will earn more profit on investing to this coin.
But to buy any of those coins you need to get bitcoin first, so even if you do not plan to buy bitcoin one of the first things you are going to do in the crypto world is to buy some bitcoin.
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for now its better to sell because the price is high..wait to finish the hardfork before you buy. because ithink before the hardfork the price is dump then wait for the month pump again before to sell
If you are a trader then you may be right but if what you want is to get the most profits without doing much then you are going to be in a better position if you just keep holding your bitcoin and never sell until bitcoin hits a very high price.
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Day Trading would require much of your time, if you wanted to experience trading, you may use demo account https://www.bitfinex.com/trading or other exchanges/trading sites as well. 100$ to 200$ was a good start. you may earn 5$ to 10$ per day or more, if you we're good enough. It is very unlikely that a beginner is going to earn any money in trading he is going to be lucky to not lose all his money, that is why I have always thought that is a better idea to make the first trades without putting any money down.
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Great finding and interesting to read. There is a saying that "Necessity is the father of invention". It seems we need cryptocurrencies badly now.
We have needed cryptocurrencies for a long time but no one was able to put all the pieces together the first to do it was satoshi and that is why he is loved in the forum so much, he was without a doubt a true genius.
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If the language is not a problem and the country is reasonably developed, yes with pleasure. Because then the government has no control over the money and can finally leave us alone.
There are not going to be many countries like that where you can use bitcoin freely it is probably going to be one of those countries with very low population but as long as they have a good weather and decent infrastructure I could live there with no issues.
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Wow! That someone must be so special! To think that in earning bitcoin you have to invest a lot. Invest right amount of hardwork, patience, time, skills and strategy and enjoyment. If I were that special someone, I will keep it and use it in the right time of selling it as it is so precious to think that it was hard to earn so it must be sold very valuable.
If that happened now, if someone gave a bitcoin when it was worth 10 dollars then that was nothing special, maybe just a curiosity but now giving out a bitcoin with the huge price then the person going that must appreciate you a lot.
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I would be very careful with forum escrow as multiple of them have ripped off users.
Only untrusted ones, some escrows have been around for a very long time and have escrowed millions of dollars sometimes in a single transaction and yet they have not scammed a single cent. But happened more than once in the past, escrow once reputable now have negative trust. For example escrow.ms and Quickseller. There was at least one once reputable escrow that stole money, but I don't remember the name. Also accounts can be hacked Positive trust and honest transactions surely increase the odds, but are not 100% warranty Since you have been around for a very long time you remember those specific cases, I suppose the only thing we can say is that a trusted escrow can help you in your transactions but even then we must be careful.
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Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
It is a correction nothing more, the price was really high and it was impossible for the price to keep that level for too long so now it has receded to a level that is going to be easier to maintain.
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I don't think so. There is no reason it should. There isn't really anything special about Litecoin.
This, litecoin is a good coin and I like it but there needs to be a reason for the price to go up and to remain there and at the moment there is nothing that could suggest that litecoin is going to go up.
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Coins without a core wallet or with a small capitalization do not participate in the survey
My favorite coin is bitcoin why? because first of all this is my provider in my income or in short only bitcoin that I know for all coins just because of my friend he introduced to me the bitcoin so that i am loyal to bitcoin and of course i also invest here and giving always my time. Bitcoin is not only the favorite coin of many, for most of us is the first crypto we ever had and most of the time our first profits came from bitcoin as well.
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If I think this is a better opportunity to buy coins because sometimes the value of coins one day can go up drastically and there we can get bigger profits.
If we see the graph of market price of Bitcoin since past few days, then I think there will be hardly any reason to deny this fact that this very present moment is the prime time for buying Bitcoins. You actually to take advantage of this time and you need to buy as many Bitcoins as you can. This time will never come in your lives. With a price of 5600 then this is the moment to buy bitcoin, the price may seem too high but if you think the price of bitcoin is going to go up after the fork then this is a good point of entry since it is very likely bitcoin surpasses the 6000 barrier
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... I know a lot of people (including me) are against any hard fork. But I also know it's probably going to happen sooner or later. Why not use it to be done with the poisonous BCASH and 2X movements? It would be a win for everyone who loves Bitcoin.
He who splits first, loses first. He who splits second, loses second. He who splits third, loses third. But he who never splits, wins forever. Hardforks should only occur with high Community Consensus. Anything else is always an attack upon this system type. Preemptive forks should only occur as a response to an immediate danger or attack upon the full network, such as governmental direct intervention or the like. SegWit2x is a corporate attack type that doesn't have much long term threat potential, so there is no point in forking before their fork. We just observe and wait now. Man that is poetry, I'm going to keep that and remember it, I love it, is it yours? Or did you read it somewhere?
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The most important and costly part of a project is its security. And security measures increase as per the size of your project. If you are thinking something big, you will surely need more security for that, but if you are just trying to start a very small service like a faucet or something like that, it will surely cost you less in compared to bigger projects like gambling platforms, exchanges or any other major project like that.
I personally would not recommend a person to start any project as long as he himself does not know anything about securing himself, as that can be dangerous for the project these days as we usually see hacks happening to even bigger projects, so if someone finds out about the project and finds it easy to crack then there are chances they might do an attack for even less money if they are easy to get.
Most people have bad habits when it comes to security for the simple fact they are not a target, but as soon as someone targets you because they want something from you, then you can be sure they are going to get hacked since they do not have security as their first priority.
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Fun and games? LOL I see it as stress and a headache with worthwhile gains
Some people like to play with their money and see it as a game, there are people that are so rich that they play real life monopoly buying buildings and houses all over the world, for them investing and trading is nothing but a game.
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I think china wants to buy more stack of bitcoin in low price. its just my opinion. And they Have much Bitcoin. If they going to sell all of in low price. bitcoin will go to hell.
But they are not going to do that, they are not dumb, if they did that then the price of bitcoin will go down, that is correct, but they will be the ones selling their coins at a bad price and the ones that will have to buy at an higher price and they are not going to do that suicidal move.
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The people who got rich in recent years, say post mid 2013, would really have to have jumped into alts in a major way unless they piled in a suicidal amount into BTC. Even then they still would've depended on the right timing. Lots sold far too early with alts too. ETH was 50c for a good while, LTC sub $1, XMR 25c and that's when BTC was still in the hundreds of dollars.
I think we'd be surprised how few people timed it perfectly and how outrageously well a select few have done out of pure luck.
10k in 2013 was a lot and indeed still is. I dunno how many people would've gone further in.
At the end of the day even a good trader needs luck once in a while, those people that invested at those prices made money but only a few will be able to come close to maximize their profits, we call those people genius or lucky depending on their reasoning.
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I have been playing in the 100k-1M cap coins... and there is so much potential down here! For a 200M coin to 100x, it's really hard but for a 100K coin to 1000x its a lot easier! I have been working with the guys at TradecoinV2 and its an easy 100x coin... just my 2c.
This is common sense, but at the same time it is not something that see that often I have seen people buying ETH and waiting for a 100x, if they bought a year ago then they got a lot of money but investing in ETH now is not going to give anything close to that, we need to look at the coins that have not become famous yet.
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Forks are expected later this year.
If it's like the last fork, Bitcoin will continue dropping and then go up after the next fork.
Bitcoin is going up and I do not see it going down, the bitcoin gold fork is very weak so I do not see it affecting the price of bitcoin negatively but the segwit2x fork is another story.
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We have to fight for altcoins future, well I don't think altcoins are leaving the party anytime soon
We don't have to fight for altcoins future, because most of those coins are quite closer to failure anyways. Yeah altcoins will not leave the party, even if most of them like I said, tend to be failures. But then again, those altcoins that are successful are starting to be a threat to Bitcoin. Those altcoins that are good projects do not need our help to survive and those altcoins that need it will not survive even if we helped them so there is no point in trying to do anything like that, invest your money where you think you can make money and do not worry about anything else.
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Based on my experiences with daytrading crypto I can tell you it almost never ends well. Most profit in crypto comes from long term holding. Look at any coin/token graph since its start and you will notice the gains almost always come in exponential form. With that said, daytrading actually makes little sense when you can instead by small amounts and simply hold them to make large multiple on your investment without and work, stress or hassle.
It’s no wonder that the most common advice given in the forum is just hold our coins, most of the time advice like that is mistaken but this is one of the instances in which this is the right action to take.
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