I doubt that bitcoin can reach the highest price at $ 80k, in my opinion it is too heavy to only rely on the halving event. More realistic bitcoin in my opinion will only reach the same highest price as 2017, around $ 20k. But each people are free to make predictions, I also will not blame people who disagree with me. Honestly no one can predict exactly the highest price of bitcoin, because indeed the movement of bitcoin cannot be predicted.
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From the past it was true that there were more poor people than rich people, it was not a strange thing. Because getting rich was not easy, have to go through a long process. Only people who never give up and work hard who in my opinion can be rich. And if we talk bitcoin can avoid poverty is true, but with the condition that the person can make a profit from bitcoin. If not then bitcoin cannot make you rich. Therefore, it is necessary to understand bitcoin correctly. So that people do not think that you can get rich from bitcoin instantly, even though the reality is not like that.
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I totally agree with your idea by building a small academy, to educate people about blockchain and cryptocurrency. One of the obstacles why bitcoin users are still few in the whole world, even though bitcoin has been more than a decade old. Because some people get wrong information from the media. We as a crypto community must indeed take steps to educate to the people around us especially in order to understand more about cryptocurrency.
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In my opinion to make profit from altcoins do not have to be a long-term investment, we can make profits in the short term investment also with altcoins. Because the key to investing in cryptocurrency is we can buy at the right price, if we want buying at the right price must have knowledge and experience. And also no less important we must be able to choose potential altcoins in order to make a profit. So far I choose altcoins that are in the top 10 ranked never felt anxious, because I'm sure altcoins that are in the top 10 have active developers, which allows coins to pump and give profits for investors.
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Everyone who trades will experience loses, because trading is a very risky activity. Especially trading crypto which price movements are difficult to predict. So from that I strongly agree with the article in the opening post that it's one key to success in trading is risk management. Many people consider trading too simple to buy at low prices and sell it at a high price, but the reality says different. So from that I am not surprised that many traders fail in the world of trading. So My advice is to first learn the knowledge about risk management, then you will easily become a successful trader. Because you don't can only rely on analysis and research on the market alone.
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It is true that the peak price of bitcoin in 2017 is used as an opportunity for scammers to look for victims, which new bitcoin users having low knowledge eventually become victims of scammers. And they blame bitcoin in the end. Therefore I am strongly agree cryptocurrency should be learned from an early age, if it can be included in school subjects. So it can reduce the number of fraud victims in the cryptocurrency world.
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That's the smart way in my opinion if bitcoin reaches a price of $ 9,000, then the profit is stored in stablecoins like USDT. Because usually after the bitcoin pump will be corrected first, if the bitcoin correction to $ 8000 it is better to do a buy back. But if wants the maximum profit is to wait lower again at $ 7800, it's better to buy back in my opinion. Moreover, the capital is bought some of the altcoins are getting maximum results. But I also only provide input that the truth is not necessarily guaranteed. Then from that the decision is yours.
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I was surprised to see a country as big as America that is too strict with cryptocurrency, whereas usually America is a country leading the way when it comes to technological advances. But about cryptocurrency they behave differently, even launch Libra is still complicated. They don't learn from China, which have started making their own cryptocurrency, if this is the way in the future, the possibility that America will be left behind by China could really become a reality.
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I do not agree that bitcoin movements follow the movements of gold, because bitcoin will never follow market movements anywhere. Because Bitcoin moves based on supply and demand, if the bitcoin price chart looks the same as gold it's likely only coincidence. Not we associate the movement of the bitcoin market with gold, because the two markets are different linkages.
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Of course I am very sure that crypto will become a currency in the future. Because besides crypto is very rapid growth from year by year, more and more countries are legalizing crypto currency. Even countries as big as China intend to make cryptocurrency they themselves, another proof is that many big companies like Facebook and Telegram make their own crypto too. This is a sign that crypto will become a future currency.
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it's good to trade in your spare time, so that your brain does not focus on two branches (trading and office work), because trading is not an easy problem. After all, office computers can usually be accessed by anyone (fellow employees), aren't you afraid that the computer you use turns out to have malware that is ready to eliminate assets in your trading account? be careful friend.
Agree with your opinion, it is risky trading at work and using an office computer. Your first risk is likely fired from work because our boss found out by using office facilities for personal gain. The second risk since computers in the office are widely accessed by many people, then not only is the threat affected by malware but there is a possibility we forget to log out our account. If our colleague is found out to be dishonest, you can lose the capital and profits that you have already obtained from trading.
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If we look at the ethereum price movement at the beginning of this year it is amazing, because it has experienced an increase in prices. Despite its increase a little but this is a good thing. Maybe later the peak when ethereum 2.0 launches, we are temporarily watching it first. But for ethereum this year it went up to $ 1,400, I think it's impossible. Because it takes a process of about a few years ethereum again to reach the price of $ 1,400. Most likely for this year ethereum will be priced at $ 500.
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I also feel that the government is afraid that if its citizens become rich it will not be able to be controlled anymore, and therefore the government will regulates the total salary of the population so that it is not too big. So from that there is actually no relationship between the government limiting the salaries of its residents, with the number of people who want to invest in bitcoin. Because with a small salary, if our financial arrangements are good, we can invest in bitcoin. And regarding fiat currency, it cannot be printed haphazardly by the government, if it carelessly increases prnted money then can have a bad effect on the state, hyperinflation will occur.
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I've seen the contents of the video, it's clear the contents don't understand about bitcoin. It's okay to be a bitcoin hater, but please doesn't need to be a provocateur. If you don't like bitcoin, please leave this forum, and do what which you think is right. No need to share videos that are less useful in my opinion, for me as a bitcoin believer does not exist that can kill bitcoin. And bitcoin will survive for long time.
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I honestly say that at any time no one will be able to defeat bitcoin, including ethereum. Even though ethereum can be used more for payment, even ethereum technology is above bitcoin. But bitcoin is still stronger than ethereum, because bitcoin is more popular. It can be proven that bitcoin has always dominated the market until now. Therefore, it is impossible for ethereum to replace bitcoin, so it's not wonder bitcoin is called the king of cryptocurrency.
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From the start when craig wright claimed to be satoshi nakamoto I had suspected he was a fake, because there wasn't a single solid proof that can prove that he is satoshi nakamoto.And since then he has been called a faketoshi, so now whatever is said there will be no one who believes all his words. Because everyone already knows that craig wright is just lying for the sake of looking for popularity, to raise his coin bitcoin sv. Proved now the price of bitcoin sv soared.
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The sudden movement of bitcoin rise quickly at the beginning of this year, followed by several altcoins who also rise.Sign has entered the bullish market. Even though many people think this is too early and looks like a bull trap done by whales. But for me with the results of the analysis and research that I have done, I think now positive is bullish market.While bitcoin has not been able to penetrate the price of $ 9,000, but I'm sure in the next few weeks bitcoin will be able to reach prices $ 10k.
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A general problem often faced by traders or investors is scammers, because this often makes investors lose capital due to incorrect investment in projects that are scams. While traders have problems with scammers when following trading signals on telegram group which turned out to be a scam group. Because of this both traders and investors should be able to avoid scammers. Traders should not trust other people's signals, do your own analysis and research to choose coins to buy. And for Investors are more careful in choosing projects that will be chosen.
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Indeed we need a lot of famous celebrities, especially from Hollywood to popularize bitcoin. I imagined if a celebrity like Dwayne Johnson, Nicolas Cage, Emma Watson, Chris Evan, etc. They all use bitcoin in their daily lives, even they uploaded it on their respective social media accounts, you can imagine how awesome bitcoin is growing. But reality says differently, we must admit that to get to that stage it will take several more decades. Hopefully bitcoin can reach famous celebrities immediately.
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It is true that the bear market is not always bad, depending on the condition and perspective of everyone. For those who buy coins when prices are high of course the bear market is a bad thing. But for those who intend to invest or have more capital, bear market is a good opportunity to be able to buy coins at low prices. So from that the most important thing we have to do a careful analysis, so we can predict price movements in the market. And don't buy coins at the peak price, and also don't blame losses suffered because of the bear market.
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