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Promotion is a must with every project, very few projects succeed in short without promotion, because already they'll be having a user community for their services. They integrate the network, so it reaches people with ease. One such happened in recent days is bittorrent. Apart from this the usage access of the cryptocurrency, the development team, funding all combine together to give a perfect solution on the worth of project. Even when we promote through different sources people take into consideration all these factors before making an investment.
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Recently price of Litecoin pumped high marking its value reach $42, and the growth continued reaching around $45. Litecoin is one that has got lot use case and strong in the market following the bitcoin. In long run surely it'll profit users holding it. Developers of Litecoin were much dedicated to the growth and they're much satisfied with its progress.
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Bitcointalk Name : Vaskiy
Rank : Legendary
Stake Name : vaskiybtc
Wear signature & avatar : Done
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Already this has been discussed a lot, when bitcoin existed it was much used for under world market and for gambling. In this way it was regarded as the gambling currency and illegal currency. Little by little it changed its state and got importance as transaction medium and as a growing asset. Right now there were more tokens that were developed entirely for gambling. Those didn't gained value as predicted.
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Is it just trading or possession? I mean what if someone sells a product and gets crypto in return? Do we know what happens to those people? Are they not taxed? Are they taxed the same way they would if they sold it for fiat currency? What about the freelancers? They do not even sell anything, they provide a service and they get paid? It is great that countries are making laws for crypto, it makes the crypto world a lot more legit however we need the laws to be more precise and more comprehensive, this just concludes one part of the crypto world which is trading but it leaves out a bunch of other stuff unanswered and without that people could be taking advantage of these things. Looking at the USA example the countries that tax the trading depend on the exchanges and the information they give but it takes just one bad exchange to make the trust go away. Well, there are users who use cryptocurrencies not only for trading. In this way it isn't that possible to predict the trade volume or the transacted volume of an user without the support of the exchanges. USA has got the data from the exchanges and levy taxes according to the data. Another thing, there are more exchanges that let us to do trade anonymously. |
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1LwgEgpCDcdWvsH55Fwz1ZYGfuFo7hKzAW
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It was a big event happening with ethereum, also expected to mark a big change over the entire network. Some has predicted that when the hardforking gets implemented completely it might take the top position beating bitcoin in terms of market capital. As the entire cryptocurrency market is downtrend, by now a forward push will give hands.
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Right now it isn't that easy to learn about cryptocurrency. But, people themselves need to learn of their own. This will let the users explore more about cryptocurrency. Right now buying bitcoin or other cryptocurrencies isn't that hard as the past as we've got more and more cryptocurrency exchanges with bitcoin along with different pairing.
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People just can't wait, as cryptocurrencies were completely speculative. It takes time to grow high with regards to the circulation happening through different forms. This at times gets affected when whales manipulate with large volume of funds. By those instance the price fluctuation will be high. This will be the time where people lose the patience and sell it. This will further cause drop in value. Users who withstand longterm are the profit makers from cryptocurrency.
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Bitcoin at present is found below to the $4000, long back itself people were speculating about the recovery of the market. But, till now we haven't experienced any big price move forward. Even by new year the expected price move haven't happened. Looking upon the price move, it looks like stabilization and surely it'll grow higher at least by the first quarter of the year.
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To invest in an ico user has got lots and lots of access. Most of the ico's were available for ethereum and bitcoin. Also there will be minimum amount for investment, below which it is possible only on listed exchanges which is very rare to find. Another thing, majority of the ico's request for KYC.
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To my knowledge the fiat circulation into cryptocurrency will not exceed more than 4%, even what I've mentioned seems to be high. As the value is highly fluctuating it is impossible to have a perfect and calculated value of the fiat in the entire cryptocurrency system.
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What's been happening in the cryptocurrency market is a sustained growth. When the price was around the same value users were speculating that it'll reach $6000 and $10000. To the expectation, surprise growth took place taking the price reach $20000. With this anything could happen unlike the time period. We need to be prepared to meet the pumps and dumps.
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Few coins have got proven their growth in the past. People who fear about the market fluctuations can invest on bitcoin, ethereum or other top listed cryptocurrencies. Apart from them, users who have got low volume for investment can afford low price altcoins with good trading volume. This will surely profit in the long term on holding.
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Earning bitcoin isn't that easy at present. Earlier it was given as a giveaway, by that time none were aware about it. I got the first earnings of bitcoin from faucets. It is truly worth if I have kept hold of those funds, because I earned it when the price was around $600 for a single bitcoin. Now people who could afford to invest can profit out of it.
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It's always good to buy new coins, but before that one should understand better about the project behind the respective coin, exchanges that have listed the respective coin as well the trading volume. Upon this the growth in the future can be easily predicted. In recent days one such coin is the xet that grew in much shorter time period.
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With cryptocurrency the biggest mistake that's every user does is the expectation of large scale profit. Very few newbies attain it, just through luck. Even before knowing about trading people just expect profit and the same makes them suffer and end up with loses. So, it is good to start with small amount of funds and experiment the reality and then keep yourself engaged. This will let you avoid fails.
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Trading will be more stressful when it is the primary earning of a person. Another thing is the price volatility, if the predictions go out of ours the loss will be massive. I used to get into trading with small marginal profit which won't be that stressful as that of the trade done with high profit margin.
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With cryptocurrency, investment needs to be made according to the profit expectancy. When the profit expected is small, the investment will also be low. The perfect way of earning through cryptocurrency is trading and for the same investment is a must with good learning about the market fluctuation, else loss is assured.
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