If you have already sent it then am really sorry for your loss because you got scammed already. You should have understood it when the amount was 700$. That's too big of an amount to ask mate..
Not even it is your friend such amount is huge and there's no way you can send transactions to bitcoin atm more likely it's your friend btc address and he will benefits once you send the bitcoin. Be very careful and good thing that OP ask first, never to send anything without any knowledge regarding to the transactions that you will going to deal with. That amount of money can be scammed out of your hands. |
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investors lost huge money in altcoins last few years.That's why people afraid to invest in altcoins and investing money in bitcoin.But few top rated altcoins is doing well.Now a days investors investing money in top altcoins.If you see that BNB,ETH,LTC,NEO is doing well.But after scam ICO and some projects didn't survive and run away.That's why investors only giving priority in bitcoin.
Those investors who are familiar with how things works with alts market still managed to earn decent from those good alts around the market. This people are not afraid taking the risk knowing that there's still potentials if you will pay attentions with the community response with any market movements. If you are keen to succeed following alts that inside the top 10 can still provide benefits just don't stop working and finding your opportunities. |
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Mining is now in the hands of large companies. We used to be able to mining in our house. Now this is over. Because electricity is too expensive. Mining equipment is very expensive. Stake is easier to make. Stake is more likely to make money.
If you do have the right knowledge in choosing staking coins to invest your money. Like what you've said that mining is for those who can afford to invest large amount of money and have a good source of funds to play with the market without worrying about downfall and you can hold still. While staking if you know how to choose good project you can treat it as passive income while waiting for the bull run. |
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What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
It's part of the cycle that should be considered in order to make it more progressive, if there's a supply and demand process the value will rise since there's a limited supplies that will be available. More adoptions and more usages will result to more positive outcomes in terms of value. More people to embrace the system means more demands that will help lifting the rise of it's value. |
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You can't close everyone's mouth just enough to cover your ears to move forward.
If you feel the bounty is still feasible and you have made it through this year with maximum results for me it is very extraordinary and continue your luck.
Indeed. Move forward and forget about those opinions from others who are not lucky from this activities. If you can still find good projects and you are still gaining good amount or you are contented with what you've got then proceed and don't mind, it's much better to keep yourself from what you believe in. |
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very complicated, actually choosing bitcoin in order to avoid taxes is correct but you are afraid of fluctuations. in my opinion yes just dare to put your money into bitcoin, anyway if the value can go down, it can go up too. if it goes up, you actually get passive income from the money you entered earlier.
For all I Understood that OP is planning for some years of keeping his money inside this industry, we never know if from that time table there government will not realize the benefits of crypto and sooner or later they will make some rulings in regards to this industry. Learning the potential of bitcoin might save you in realizing what would future can bring to your money. |
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Losing is a common thing may happen in trading, in fact, we can't become an expert without this kind of tragic even happen to us. But the good thing is that we are able to cope with some ideas in order for not happening again and such learning will serve as a guide for the future.
It will developed our confidence in trusting our own judgment as we go further. Those mistakes will be a guiding path to succeed more and to teach us to reassess and make sure to have a correct mindsets to support our decisions. We should focus in balancing both loses and earnings to make sure that everything is in place and right control. |
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it was one of the challenges that the developers and the cryptocurrency project team had,
the development of cryptocurrency is very fast, so it takes quick steps to follow these developments,
because the product alone is not enough if without following developments that are happening,
because this is one way for investors to be interested in the project.
To attract more investors the team needs to be progressive, after building the foundation of their projects they need to bring more follow up in order to continuously have the supporters interest. Without any further development and integration to emerging technology those investors will move away from the project and start investing with new one where innovations are introduce. |
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One of the biggest problems that crypto developers face is that technology changes rapidly. It is very hard to stay current, they new to introduce better feature than what we have already in this space, who agrees?
Yes, there's should another sets of ideas and target venues for new crypto project. Developers needs to go out of the box and keeps following what are already inside the market, they should create or introduce new developing coin that will be more useful not just for the same concept but for other sides of the industry, crypto is already known and integrating it to new fields of business is always possible. |
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at the end of the year now even for the price of crypto has not experienced a significant increase. so maybe we will never know when crypto has increased significantly, so I think now at the end of 2019 it will be very difficult for crypto to increase. the potential will remain but in 2020
The value is trying to survive as we experienced previously another dumped and rise back. We don't have any specific idea whether it will continue to be strong again or it will stay from this barrier. Don't have any options if you are really a holder then better to keep it and stay positive with your interest to this business. It's a matter of time if which way crypto will lead your investment. |
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basically no wallet whatsoever is safe from hacking. but I think that now wallet hardware makes it possible to minimize losses. so even though there are wallet hardware owners who experience hacking it's not much in number
Hardware wallet can be controlled properly as you have the private key and you are the one who's facilitating the system. Unlike with exchange and online wallets as it's own by the exchange or the site owners where it can be hacked and you don't have any idea when or how things can be done, the owner can declare bankruptcy or inside job can happened. |
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if you are determined to invest and sell some of your goods, then you must explore many things and not just be quiet and wait. Your decision must be developed with understanding. 2020 and Halving are not the only factors that cause the price of bitcoin. Your limit must be set to wait, whether for the next 3-5 years. To anticipate, you should try to trade it regularly from now on.
That's right, you need to explore and understand much deeper in regards to your investment position. There's a lots of factors to consider and not to leave things without understanding and assessing the potentials. You are prone to lose your money if you will just relied things to market trend. Keep trying to understand and enhance your knowledge. |
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The market is run by the big players and when they need to, they are sure to attract new investors to the market. So don't worry about it. Altcoins will grow, but when their time comes.
Big players knows how to work it out with new investors, as the marketing teams have the it conceptualized and understand the behaviors of those new people. It's about how make things beneficial to their investment allowing the cycle repeat itself. After this fall big whales will begin to create movements allowing this new investors to see good chance to make a position and play along with them. |
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I dont think there is any trader right now who havent lost at least part of his money to the volatility and manipulation of the market. People are more careful now and wont invest in anything as they were 2 years ago.
I have earned my crypto and traded. I guess I may have lost more than 30% of what I earned in these many years.
That is still pretty good if you ask me, many traders think that in order to be profitable in the markets you need to be incredibly effective with your wins and your losses and that is not accurate, as long as you can be profitable over the long term a few short term losses do not mean anything, and in fact I am in a similar situation to you, currently I have lost about 28% of the highest point my capital reached but since I am still in profits I am not worried. If you think that the system you are following is effective enough to keep you hold your assets, and you are willingly take the long path from this market the chance that you can recover those percentage which you are losing right now are still possible. It's a matter how you desire to continue moving forward and not to rush things out and make a mistake for your quick decision making. |
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if you believe the trend will be coming soon, or you can hodl, then yes
Else it is not advisable to actually buy and hold onto altcoin judging from this 1 year+ of bearish moment
It actually downsize alot if you bought months ago
That's right, if you think or if you are willing to take the gamble risking your investment and hold for much longer time, then yes it's a good time buying alts which have solid team behind. If you can buy those staking coins and hold it till another bull comes up then the chance of earnings might work, it's good to those who are willing to spare their money from this business. |
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Although market never rest, trader need rest. I think technology nowadays really help people because there are a lot of apps in playstore that can help us to see the price of a coin in market, or maybe in phone we can open the market if only want to see how was our order although not in front of PC.
A tired trader is an ineffective trader, I know that day traders would like to look at their screens 24/7 but that is simply not possible, so the best thing to do when we are tired is to take a rest and do something we enjoy a lot, that way you will recharge your energy and you will be fresh to trade the markets in no time at all, just make sure that whatever you enjoy does not consume even more of your energy as it will be impossible to trade if you are even more tired after you attempted to relax. Catching up with other things that gives you some relaxations will help you to strive back, most short term traders stress itself whenever they've seen that the market is not favoring their position in order to lessen the burden they've needed to find some other activities to freshen their mindset and recreate another strategy. It's best to find additional activities that will keep your mind active will be more helpful to keep adjusting for the best outcome of your business inside trading. |
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It isn't far from market realization.
$10k is easy to achieve rather than to think of another $20k or more. May this speculation isn't really an optimistic one but we are about to learn that it won't help if we are speculating too much but it never comes. If we are able to go beyond $10k then, it was great and isn't a question anymore.
But probably we could only have this pumps next year.
Mostly everyone expect it will pump on next year, But reality market will growing faster and anytime it will happen on crypto market. I think sudden it will raise 200 USD on within a day so anytime market will grow louder, because end of the year we see some positive bull run on crypto market so I hope it will reach 8k to 10k on end of the year. The market is so volatile and within the short period of time anything can happen, we can only assume and hope for the best to comes up and make an impact to the market. Positioning your investment can be done while there's some news that are showing and creating positive views. It's either to scalp it up or go for long term investment and wait for much higher profits. |
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It is clear that not all altcoins are bad. They just have such a reputation because most of them turned out to be scammers. But it is impossible to speak so categorically, interesting projects still continue to appear.
It's business, and with that nature there's competitions most of those new alts are being created just to scammed out and take advantage from the investors. From this point, many newcomers and those people who've got scammed generalized everything, you need to keep doing your research and not to fall right away into any investment without learning about the project. |
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in my opinion, risks and rewards in crypto are things that will be in trading or investing in crypto, because volatile crypto prices cannot guarantee good luck will always be with us, so we must be prepared with whatever happens
I agree, we don't expect what gonna happen if we take a huge risk investing and take big rewards. the market is very unpredictable and as of now the price is very bad and everyone is in panic mode. I can't say that this month is good or not but you can accumulate if you want to take a risk. for me if possible we may take a hard time to read all what we need to know to avoid big loosest. It's needed to have more knowledge regarding to this venture of investment, you need to make sure that you are willing to take the risk and prepare yourself for the bigger picture. Time will come and the value will surge up again. But while everyone are on the panic mode make sure to have a good funds to accumulate more cheap coins and wait for another bounce up. |
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Ethereum is good choice for long term. Ethereum is top 2 coin in marketcap. it is well-known crypto
furthermore, early next year would be launching Ethereum 2.0. many people have high hope on that news
So, I think it is good decision if you wanna hold it.
Have a higher chance to earned from this coin if you can take it for a long time holding. Considering the fact that it's tailing bitcoin each time the market rises up. If you can take your time reviewing the potential and you have spare money to use, this coin have a big projection to grow and provide decent opportunities for those who are willing to take the risk of adding this coin inside their wallets. |
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