I played about with Bitcoins and litecoins and Feathercoins back in 2013. These were the days when Bitcoin was pretty easy to obtain through online mining pools and faucets ect. As time went by, I lost interest in Crypto and kinda forgot about it until Bitcoin hit 19k in 2017 . By this time I had changed my computer and hard drives and along with it all my passwords and wallets and dat files, to cut a long story short I searched all over for my old hardrives, ran recovery on one of the drives I had kept and found nothing I gave up searching and just got used to the fact that I had lost a lot of money. Fast foward to 2019 we were cleaning out a cuboard and at the very back was a shoe box and in that shoebox were 3 hardrives one of which contained all my passwords, wallets and dat files for all my Bitcoins, Litecoin and Feathercoins. I may have lost out on when Bitcoin was at its best but I now have all the info I need. I have sold some of it and will hold the rest until Bitcoin goes up again and it will. The money I got from selling some of the bitcoin and litecoin even though not at its highest I basically got for doing nothing apart from online pool mining and playing with faucets back in 2013, so im happy with it. Never give up if you have lost money on Cryptos and if you did what I did keep, looking for that lost hardrive it will turn up eventully. In 2019 it is so easy to buy and sell Bitcoions too and it was instant money from selling to transfering the moeny into paypal then into my bank account. How things have changed for the better for cryotocoins If only I have the same story ,I also used to earn from faucet and any paying apps back when I was a newbie. I wish I have saved some of my early crypto earnings. But it is never too late we could also do the same thing right now, I mean the market would grow and one day we could also share the same story about never giving up . We will surely gain the things we have accumulated in the previous years if we will never give up and will stick on the crypto market. The market price has always its sideways, today may be down but surely it will rise up again in time. Losing money and great opportunities in the past should never be a hindrance to keep on moving forward and be profitable again in the future.
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Patience with desired goal to reach will make more ease because we never know how long the price will increase or decrease so we can decide when we have to sell and the be happy when you reach the goal ,main thing you need to do is control your greed while trading.
I think patience alone will not make us trade successfully but we should also have a good and proper analytical thinking in trading which will aide us to be profitable. If we can see good chances to trade then we can start selling our coins with our desired price. As long as we make profits even it's not that big then it's still fine because we still gained profits.
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You just have to make a plan first and what price do you target to buy and sell without going beyond your limit because that's the time when greed was going to hit you. An organized plan will likely to be executed perfectly if you set your goal first and focus on it. Never ever make an assumption where there are no analytical bases.
Yes. It can be a big help if you will create a trading plan and set a target price where you can make a good entry and exit in trading. Being greedy is a natural man's behavior but if you will let that emotional feeling control your analytical thinking, it would really make you fail in trading and may result into losses.
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Gambling to me is not the way to loss, as a gambler we know loss is inevitable but if as a gambler; you are able to gamble responsibly you will close the point of loss also, when you gamble sensibly and securely, be rest assure that your loss will drastically be reduce while your win maximize.
This will surely happen if you know your self-limits and be able to control yourself over your emotions. I believe gambling has always its inevitable losses but if you know how to play the game safely, you will still make profits and reduce your percentage of losses. It's matter of self-discipline i think.
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At first, when i started gambling a few year's back. I tried my luck to get rich quickly, but it didn't work for me and i lost all my funds. Now, i gamble occasionally and try my luck with as much amount as i can afford to lose.
Gambling with amount you can afford to lose is the best way to gamble and reduce the risk involved. I think we are in this to make money and not to lose it and because of that it is good we gamble with profits we made from investing. For op questions, I do gamble to make profits! I admit i was once a full time gambler but it didn't end up positively and so i learned now that it's better to only gamble occasionally so i won't keep losing my money. Of course i gamble to make profits but we should not gamble seriously but only make it just kind of entertainment to have fun and at the same time to make profit if i'll be lucky that day.
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Do many people around you claim that bitcoin is bad? yes this happened around my place. I don't care what they say, even though I haven't been here long, but I'm sure bitcoin isn't as bad as they think, this is a future technology where when the future comes, we are ahead and they are still behind ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) . I am sure of that! Negative will always be a part of it, so this is not a big deal anymore. Remember when Bitcoin was started to a lowest value there are lot of people who said negative about it and yet when 2017 came up Bitcoin all of a sudden kicked its price up to 20k$ almost each then got dumped its price into 3400$ and now got increased again into 5227$. I agree. Negative views about bitcoin won't stop coming even if it does not harm them in the first place. I think those people who are doing these are more likely uneducated and insensitive. They only see its negative side and those who claimed that bitcoin is a scam might have only believed those fools around them without doing thorough research about bitcoin.
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Of course I did research before investin in the ICO, but currently I am no longer investing in ICO. Its more difficult to find good ICO project right now and now I choose to invest in the IEO.
Yes. We should make our own research before investing in a certain ICO, study its background and the team behind the ICO so that we can justify if its legit or not. We invested a big sum of money so we should be responsible of its security and assurance that it will also make profits in the end.
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Well i wish that bitcoin atm machine will reach to our country. I am interested to know about the bitcoin atm machine wheb we know that bitcoin could be acquired and download in an instance using a smartphone, desktop and internet. But, seeing this one of the great potential, then let i be and bring that machine here in our country.
I have heard already about bitcoin atm machine in our country but not in my own locality. This just proves that bitcoin inspite of its tough times has continued to soar high and even conquering most of the countries. Hopefully these atm machines will be seen too in our locality so we can also experience the convenience it brings .
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there will surely be a lot more growth but to be honest i don't think in 10 years we are going to see that much of a difference in the "cryptocurrencies" of course innovations don't alarm you before happening but with the way the market currently is, i only see bitcoin growing and the same pump and dumps in altcoins grow more nothing else.
Yes. More people will come to understand cryptocurrency and there will be growing number of countries who will definitely adopt cryptocurrency in their monetary system. But replacing fiat totally i think it will not really happen. Surely there are still a lot of people who will still prefer to use fiat than cryptocurrency but as years go by,they will learn to accept cryptocurrency as a reserve currency.
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For most people (myself included), gambling at online casino's is a harmless pass time fun activity, but of course it can become a problem for many. IMO, to lessen the risk of becoming a problem gambler, there are certain things i bear in mind such as, - Gambling for Fun - Not to Win Money
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) - Setting myself a gambling goal
- I Bet small (don't blow all your money at once)
- I practice gambling with friends
![Grin](https://bitcointalk.org/Smileys/default/grin.gif) - Set time limits and walk away
![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
Many of these are easier said than done of course but it might be worth noting. Online gambling is probably the best thing to happen since sliced bread ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) and i'm not saying these points could or would work for everyone but they might help in enjoying gambling in a healthy, financially sensible way. I'm interested to know how you keep tabs and control on your gambling to make sure that one does not become a compulsive gambler or problem gambler. I set my own rules and limitations when gambling. *I always remind my self not to be greedy and never be careless, especially when I am winning. *I keep my self aware whenever I feel I am being greedy, when I notice signs that I am being greedy, I pass a bet and smoke for a while to cool down ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . *Never to chase my losses, this sometimes leads me to even more losses. *Know your limitations, and when to quit. I know that whenever I am lucky it doesn't last for a whole day. So, just a few sequence of losses, I quit and take away what I can. I have a lot more, I hope this can help other gamblers in setting their own rule and to lessen greed when gambling. Your advices might be very helpful particularly to newbies in gambling. For me, once you go into gambling it is very important to evaluate yourself first if you are ready to make some losses in gambling. Because if not, don't bother to gamble anymore. Gambling might be profitable as your kind of entertainment but once you expect an income from it, then it might only give you trouble in the end.
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The people of Phillippines are leading in the community of cryptos. I think that in general we need more education about the blockchain technologies in every country around the world and by that I don't mean only coding education. Every people should know how this technology works and what are the benefits of it. True. Since we are heading into a digital age so people should also know how to adopt its fast changing world. Education for blockchain technology could be a big help to prepare people how to use bitcoin properly and even some crypto coins that will surely be useful in the future.
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In my humble opinion Bitcoin already beat banks because of the fact that we have the full control of our funds just by using Bitcoin wallets
Banks are subsidised by the state they operate in via a variety of means. I dont think we can really say Bitcoin came out on top until its beaten that unequal footing that is enabled by the overall taxation and ownership of money, given by a state to certain entities that support it reciprocally. In the end I expect banks to beat themselves, to fail their original purpose and only then be replaced For now, it's too early to say that bitcoin can beat banks knowing that banks are supported by the government while bitcoin is not yet even legalized by most of the countries. I think only time can tell if bitcoin will dominate over banks and that time they will be replace with bitcoin. Let's just be contented for now seeing bitcoin another option for payment system next to fiat currency.
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I think what we can do for Bitcoin is that we have to promote Bitcoin to the wider community that doesn't understand Bitcoin, so we will help develop Bitcoin throughout the world.
It would be a good promotion for bitcoin if there are foundations who can help us in giving free education to people about bitcoin and blockchain technology. I believe many have heard already about bitcoin but they cannot understand the true value of bitcoin and even don't know how to use bitcoin in the first place.
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This is very awesome that means crypto (bitcoin in this subject) is reaching a moment where there are not so many worries in taking Bitcoin as a payment transaction. With this we are one more step closer to achieve full world wide potential on using Crypto as one of the main payment currencies ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Yes. This could be a great move for bitcoin and maybe after few years, the rest of the cities in canada will soon to accept bitcoin as a mode of payment. I think bitcoin being a global currency is now becoming real as years passed by. There are still good things to happen that awaits bitcoin so we should keep on promoting bitcoin the best way we can.
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Just like what they say, the best time to invest is yesterday. I don't wait for any bull run, settle for small profits as long as you get profits daily then you are good to go. Image getting profits of 2% per day, that's how much in a month? 60%? Others are waiting for bull run for how many months now while others who took 2% per day are enjoying 60% per month. Think about that.
Start investing now because if you still wait for another price dropdown, i don't think it will happen tomorrow. Grab the chance now if you want to make good profits by starting to day trade with the current market price or just invest in long term and gain huge profits once bull run is here. What is important is you will not miss the great opportunity to invest at the moment knowing that you will make huge profits too in the perfect time.
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...for long term investment, which coin would you buy today? Why?
No other than for the long term investment that is really giving huge of profit for the investors which is the bitcoin and ethereum they have a good characteristics and popularity to the community in order is not difficult for this coins to rising up their prices in crypto market. Yes. I also want to grab this chance by investing in bitcoin and ethereum because these two still hold the topmost positions in the crypto market. I know i will make huge profits from them if i started buying them in a low price and just hold them patiently until i see the peak price is already reached.
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No, there will be no such scenario of the cryptocurrency market growth, which we observed in the second half of 2017, in the next few years. After such a long period of decline and stagnation of the cryptocurrency market, a long period of its recovery is also needed. Now investors will still be cautious and will not invest more in cryptocurrency. For the time being, the slow growth of the cryptocurrency market may and does resemble someone in 2017, but the second half of the year, however, should be different. This year, bitcoin, I think, will continue to grow as slowly. By the end of the year, it can reach $ 10,000 - $ 12,000.
I agree. What had happened last 2017 was totally a blast for bitcoin because its price has made a huge price increase in just a very short span of time. This year we can observe a little by little good price increase in the market until we can see a bull run waiting for us in the end.
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As we noticed now its hold around $5k, but we might now this is the stepping stone going to skyrocket. And might be possible bitcoin will reach $10k this 3rd quarter, if it is constantly doing good in the market.
Yes. I think there is already a high chance that this good increase is going to end up in a bull run. The current price has already exceeded $5k and if this will continue to rise up more, then maybe before this year ends we can see huge profits heading for us after long months of patiently holding our coins.
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There are still a lot to learn in cryptocurrency. Not just buying and trading Bitcoin but your ideas are also applicable to other altcoins as well. As long as you don't compromise your money for daily consumptions, then do whatever you want for your convenience.
Yes. Just invest what you can afford to lose so you will not end up being frustrated. And as much as possible learn to take risks in crypto investing or trading because you won't hit your target goal if you will not be brave enough in the first place. There are no guarantees in crypto that you will make an immediate profit because of its high volatility so learn to wait and be patient.
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I'd go a step further - there should be an industry third-party association to KYC not just bounty managers, but also ICO companies. Companies with founders who fail the KYC should not be allowed to demand KYC documents, IMO.
I like your idea but i think it would be too hard to make this a possible one. Maybe if we feel too hesitant to submit KYC then we can still search for another campaigns that don't require KYC yet. But most of the legit ICOs today are already asking KYC so we don't have choices but to comply with them. After all as long as we get paid in the end then it would be fine.
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