For me, the bitcoin price rate right now is not that high if you compared its value on the ATH moment of bitcoin. But even the price of bitcoin is low at the moment there is still some ways that you can do to become rich will the help of bitcoin. The ppl that become wealthy because they trust bitcoin's capability, they don't panic sell, they do there calculations, etc. But right now, there are so many TA showing up that bitcoin's price will increase and might reach another ATH or 22k.  People who are staying and continue investing already learned things like that. They are assuming that since there's a lots of news regarding to crypto bitcoin will rise and will try to reach new ATH. Though it's still speculations but believers who experienced those good things that happened last time the market turned to strong bull, will desire to experience the same thing and will keep holding till they see the pumped again. |
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One of the most profitable strategy used by whales is moving the market in the wrong direction especially when there are lot of good news hanging around and investors might thing this is going to be a price boom in the near future but they will dump the market and crash most currencies prices then will buy back at more cheaper then the prices will starts to increase and investors will again start hoping for this will be bullish.
Whales are whales, they are not affected of any news or any technical analysis. The sooner they seen there's opportunities coming from the open market they will simply grab it. Most of the time those whales dives to the deepest creating artificial downfall and waits for weak holders to panic and sell out everything. Those poor investors that being victimized loses their money since whales will buy it back and grab more coins inside their bags. |
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Try to buy at a local exchange in your country if available, and If you don't know the site, try asking a search engine like Google. Why do I suggest buying at a local exchange, because if this is your first purchase, you will be able to easily ask the consumers support. And there will be many articles about the exchange if you search on Google, I'm sure it will help you a lot. Maximize your local market before moving to the international market.
local exchanges are one of the best ways, because you can buy with your country's currency and it is quite easy to do. and if you want to buy it on an international exchange you need to exchange your country's currency with Paypal or something like that The first option if you are going to use your local currency will be local exchange, here you can directly use your fiat to deal in buying bitcoin. Very convenient while OP are still in the process of learning this system, afterwards he can try to use other platforms whatever are available from his place. OP needs to educate himself since there's a lots of options after you are familiar with how things works inside this industry. |
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There is a law and cops but the problem is we are in the internet which is huge and anonymous so, hackers and scammer can get away without getting caught very easily they can cover their tracks and move to another location and that's it and that makes them very hard to catch anyway, we should be careful to person dealing with and don't fall into scams
It's reality that we need to accept, since there's no regulations and we are working online the chance of becoming a victim is high. Best to make sure in learning things that can avoid you or lessen the risk of getting into scammers hole. If you know how protect yourself online the chance is slim for scammers to penetrate you. Scammers and hackers after successfully hit their victims will just disappear and move to another target. |
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I have hope that all exchangers who have token exchanges will support one another for the overall development of cryptocurrency.
but there are some exchangers who are too selfish and don't want their exchanger tokens to be listed on other exchangers for various reasons.
We don't know the reason maybe it's part of marketing strategy not to allow exchange tokens since it's a direct competitors. But it shouldn't be that way, if they are concerned with crypto in whole. They should accept competitions and let the investors to buy which coin or project they've think will excel while inside the market. Common did by investors are always seek for good opportunities, Binance bring the concept and now it's been followed by known projects around. |
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I think that you can have all the experience and knowledge of the world regarding gambling,mostly in gambling where skills are involved like poker and sport betting and still lose a lot of money if luck is not by your side.Luck is the only factor that determine if you will be a successful gambler or not.
Because even experienced gamblers who played with skill based gamblers experience shit things. Without luck the chance is next to nothing even your done with good looks with your strategy over and over unexpected loss can trigger your bets and lose your money. Gamblers are hoping that each time they've play luck will be there to back them up to win. |
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Nice to see big companies adopting blockchain technology in their operations, they are doing the right thing by applying the technology it will also boost their productivity and cost effective as well. I believe that more companies are already adopting the tech but unreported.
Agree. With this type of news more and more bigger companies will be aware regarding to the existence of this system, making them to adopt and not only to look that blockchain is only crypto but also a system that will be helpful to any business types that they've got. Coca-cola bottlers will serve as a good example where blockchain can really be explore and be very useful to business sectors. |
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Probably a smart bet to buy Bitcoin in the early months of next year, Bitcoin doesn't usually start increasing in value until just a few months before the block reward halving.
Buying it now means you might not get it at the very best price. Though, I doubt it matters since it should go up between now and then anyway.
Buying it for long term investment doesn't really matters since the price will eventually increase. Not because of the halving only but also with those news that showing positive impression coming from more people and government. It will take some time and after buying you should forget everything the up and down from the volatile market will keeps on bothering you if you will keep monitoring the value. Better to buy and relax after. |
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It is good to invest in multiple altcoins because it helps reduce the risk of investing all funds in a single project which may finally end up unsuccessful. Hence, diversifying ones portfolio in crypto is a good strategy to adopt. I prefer coins like DIVI because of its masternode. Recently, the OMNI Analytics ranked it number 9 among the list of the top 10 masternodes in the crypto space.
the idea of having multiple alts is to divert your attentions, the market is volatile if you put everything in one basket and the project failed you everything will go and disappear together with your investment. With multiple coins, you are entitle to forget loses from one of your basket and try to recover it from the other one, once the market make a full blast and lift everything you surely have a very nice accomplishments. Keep doing your DYOR and you'll be able to pick the perfect portfolio that you wish, don't forget to bag 50% of your assets with BTC though. |
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The most reigning form of scamming is not less of ICO/IEO related. Most of them are now come in form of airdrop. They conduct an airdrop and inform the participants to pay a certain amount of ETH as gas fees for the airdrop earnings to be sent. They all end up in nothing but scam.
The best way to avoid being scammed is to check one's greed towards making unrealistic earnings.
The number and type of scams is infinite, another thing that airdrops are doing is to ask for KYC just for a few dollars worth of their coins and then they can sell this information later on the the dark net or even use this information on later scams, we need to be very careful scammers are using every resource at their disposal to take advantage of the honest people of this market and we cannot let them tarnish the image of cryptocurrencies anymore or we will never get to the level of adoption we have dreamed of. It should begin with people who already have good knowledge about this sphere. If most will not follow this scamming tricks scammers needs to find another ways to try attempting another scamming offers. Once you detect or proven that it's just all for scam, exposing is the best help that you can bring to this industry. Being open and not to allow things to spread helps more people to avoid becoming a victims. If you are in the position, do your diligence to share your knowledge to prevent. |
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Of course, a coin without trading volume is practically dead. Trading volume means the coin is alive and active on the market which also means it can be traded for any other coin on the market as well. Hence, in the event of zero trading volume, a trader cannot exchange that coin for another coin which renders that coin worthless.
And it showing also the weaknesses of the developing team. Letting your project without any volume or any interest means that there's no communities who are willing to support and use the coin as their assets. Investors and traders first look at this when searching for coin to buy. It's part of deciding factor when choosing assets to holds, without volumes means no future that waits for the project and mostly it will die naturally or be removed from the exchange. |
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I didn't expect Bakkt to be this big actually. I was kind of losing hope that this will be just be of nothing after its launch from the past month due to sudden fall of Bitcoin price from 10k to 7k.
I heard this news already about Starbucks adopting Bitcoin before but I guess paying your coffee with the newly launched app would be pretty nice though.
I wouldn't mind having a stop into my nearby coffee shop to buy Espresso with my own hodled cryptos.
It's giving thrill to our everyday life, what else if more establishment will start embracing the same system and you can use bitcoin to anything around. The BAKKT project will bring more interesting success to bitcoin, aside from being store assets type for investment if apps shows up accepting your daily needs can be purchase using your crypto it will also attract more people to patronize the system. Expect to have more good news incoming months or years to this industry. |
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The Bitcoin whitepaper was released in English, how did the Chinese get sointerested ahead of others that they dominate mining of bitcoin?
Chinese are known to be business-minded and if they've seen opportunities they will grab it right away. It's been mentioned that they have a big advantage due to the cost of electricity and with manpower they also manage to build more mining devices, we remember before that they've banning bitcoin farms but now with the president's statement about interest with blockchain, there's a chance that they've realized that with this new technology, the advancement towards future system can be develop by them, to build up much stronger and competitive system globally. |
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I feel cheated ... but the fact that every project that promises or claims tokens will eventually increase at a very high price is just nonsense ...
in a statement on the road map they promised to use project funds for further product development, but they were only trying to take advantage of the investors' black money ...
what they have to do is develop their product further, not just start doing it or say all the sweet promises ...
maybe it's one of the things they have to reconsider, if their project wants to be successful and the project product can be sold out in the market ...
I hope I'm not mistaken about this.
The word "best project now" or 'highly profitable project" will not entice investors now to support that kind of project anymore, they have seen the results of projects that promise high income and high profit, investors now want to see results and transparency, not just lip service, I stop promoting and investing in projects that claim to be the next big thing when they are in the ICO stage, they should concentrate how their platforms will work and what will it bring to the community. Enticing words is no longer effective most investors learned from the past promises and turned to nothing but scammed projects. Most developers struggles after the market collapses bringing all those non usable and trash projects to die and completely forgotten. Though other project that have real use case still surviving right now and trying to stay focus with the development of their coin. Saying is something but proving is another thing. Sweet promises will remain promises until the outcome results happened. |
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The altcoin season doesn't seem to have started yet, altcoin is moving very slowly because they are waiting for the bitcoin season. Maybe after that new altcoin can move up. So I have not planned to buy some altcoin because at the moment altcoin hasn't been able to give me much profit. I expect Bitcoin to fly first now.
We may have to wait a little longer because the value of Bitcoin is currently unstable and the high volatility of the market is the main reason affecting so many other altcoins. I think the altcoin season is unlikely to happen this year and we may have to wait a long time because the current trend is focusing heavily on Bitcoin. I personally still hope that the altcoin season could happen sooner but now can't do anything but be patient because things often happen unexpectedly in this market. Things happened surprisingly most of the time. We can't accurately predict the market, all we can do is to continue chasing and speculate the next good run. Optimistic investors are always willing to wait and patiently trade little by little. Some might do little scalps and try to accomplished decent profits while others are into long and keep buying those cheap coins that they've spotted around the market. Whatever trading style you have, it's best to stay calm and patiently observe every market movements. From that point you'll be able to get some hints on when the strong bull will hit the market. |
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Of course, Bitcoin is difficult for most countries to accept. The reasons are many. This is the conservative policy of the States, the unwillingness to introduce new technologies, so as not to expose the existing economic interactions within the country and abroad to risks. We also know that almost all countries of the world have their own national currencies. And if Bitcoin suddenly becomes able to influence economic processes, it can affect the exchange rates of national currencies and as a result the economies of countries.
The unwillingness to adopt and the sole purpose of maintaining the authority inside financial aspect of a certain nation. Not every countries are open to this kind of new system, knowing that decentralized is being introduced which means that the control is no longer in their hands. Government mostly concerned with securities and assurance with high volatility of this kind of system it's really hard to other nations to embrace and allowed bitcoin to coexist with their current system. |
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Relying on CMC is not safe mate because sometimes they are not updated in what is happening in some of the projects listed on thier site. . Wherein for example there is a scenario happen that can affect the volume. So be aware! If i were you always try to search in google for updated results because in fact there are some good exchange nowadays where you can find some certain volumes of the coin wherein even you are not yet registered on the site, what i mean you are able to view all the information of the coin without further do.
You should not relied everything with one site unless you are trusting the data that they are publishing. Most traders knew that in order to get better information doing deeper research is very important. There's no need for rushing things out and failed after but instead, do a much complete data research and collect every information that you can gathered before you will assume what to do next. |
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For me, I don't worry too much about losing my private keys, because it is unlikely to happen rather an unexpected cryptocurrency market crash. The cryptocurrency market is unpredictable thus anything can happen at any giving time.
Losing private key is you personal matter while crashing with the market is not in our hands to predict. It's very scary once you are in the investment side and after dealing with your research and you are expecting trends to favor you and what happened is the movements went to the other side and you are unprepared to cut out loses and everything went to a doomed putting you in the deepest negative outcome, that's more scary. Since you don't have any control of situational events inside this market. |
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as we know that in 2017 many ICO were successful (at least reached softcap) and of course the market cap was also very high at the time, so it proves that many people are interested to investing in cryptocurrency, but now where do these investors go? because now the market cap is down and many ICO or IEO are failing (not reaching softcap), are investors no longer interested to investing in cryptocurrency? if yes, where are they investing now? or is there a more profitable investment than investing in cryptocurrency for now?
This is not a mystery, why investors decide to risk their money in something? Because they want to earn money, how many of those that took the huge risk of investing in icos obtained profits out of their investments? A minority of course, then why investors should keep risking their money in a type of investment that gives so little chances of earning money? Do they even have any money left to keep risking in icos? When you see things this way it is easy to explain why no one cares about icos anymore. Simple logic that varies regarding to this venue of investment. Investors who failed to their attempts are no longer interested participating to any types of investment due to the reason of losing their money. Out of frustrations they are no longer interested to suffered the same mistake and find other ways of business, for some who have good skills, chances to focus with trading is more likely to do than trying to find some luck to invest with IEO's or ICO's where the chance is very small. |
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Reputation is the key! You cannot just go ahead to buy something with bitcoin from someone or company you don't know or trust. If you do that you'll easily get scammed. The first rule of dealing with bitcoin is must know the person or company you are dealing with by knowing their reputations.
It's best to base your trust with companies reputations, just needed to research much deeper and not to relied with some review based websites which can also be a paid shills for the benefits of the company. Having enough time to do your own ways of researching and make sure you are always aiming for good basis in order to avoid or lessen the chances of getting scammed. it's hard to earned trust that's for sure, so find the place who already have it and experienced things for your own opinion. |
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