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The bitcoin 5 years from now will be a huge thing. Bitcoin will be accepted almost worldwide and almost all the people have bitcoin in their wallet for investment and money purposes because they can just travel the world without physical money but only with bitcoin.
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Bitcoin is an asset because you cannot use bitcoin as a currency because the network of bitcoin is very crowded and because of that, the speed of transactions are very slow and the fees are also high which is not a good thing to know. So bitcoin is just an asset or investment and not a currency.
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I get my predictions from the news that i am reading and also the articles that i can read in the internet and i summarize all of those thing and that is how i am come up with my prediction. Sometime my prediction are becoming a true one but most of the times, i fail in predicting for the possible outcome.
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The 2 is a very good way in earning money but the best of course is day trading but of course to day trade you really need alot of experience to actually earn alot.
Day trading is risky because you can't tell if you are going to make a lot of money or not and it is better for me to just hold because you will escape from the risk of trading and you will not miss any of the price pumps because you are in holding mode. |
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0.01 is not enough to become millionaire in bitcoin because as long as you can you should collect a lot of bitcoin and always base on the whole number of bitcoin and not on the decimal points because it is not a good idea and also not practical. You should always keep collecting bitcoin and not depend on small amount only.
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Bitcoin is not literally the future of the currency because the future is behind bitcoin and that is the blockchain technology and that blockchain technology will become the foundation for the currencies to get some idea or use the blockchain technology to come up with a better system and also a lot of positive new features.
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No one can answer these question. they will say about trading or something like that.  u should know if they know how to increase btc they will do it by their own not share with anyone I don't think that there is something that we should doubt about the things that they are earning from trading or something related to that. Most of the people are legit earning from trading and related to that thing because that is how they increase their bitcoin and because of the mastery they can increase bitcoin fast as they want. |
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I am a kind of person that always use uber because i don't go to the public transportation vehicles because i am introvert and i want to be alone so i always ride on Uber to go to my work so if the uber will get linked to bitcoin then it will be a great news for me because i can easily pay uber fares with just my bitcoin alone.
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Bitcoin will not fall again because it will continue to rise up and sooner than later we can see a higher price in bitcoin and i think that the fall or price dump for bitcoin will not happen this month because i think that the price is focused on pumping to attract more people in the next year to get into bitcoin.
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Bitcoin will not fall down this month because bitcoin will be opposite to that and the bitcoin will continue to go up even more in the next few days because the people might spend their money in bitcoin rather than buying useless gifts so i really believed that the price of bitcoin will just continue to go up.
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What is the best coin to buy today? So many good coins.. sometimes I have hard time thinking what's the best coin to buy.
For me is ethereum. These days the ethereum is rapidly rising in price, following the bitcoin value. Actually I believe the value will continue to grow until next year and the people who choose to hold ETH is bring a great profit. The market of ethereum is quiet right now and it is best for me to buy some ethereum right now and keep it for swing trading because if the market of ethereum will become active again then the price will just shoot up and that will cause you to have a great amount of profit that you can use to trade other more altcoins. |
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I will definitely sell my bitcoin for a $100,000 price because there is no people that will continue to hold bitcoin when the price of bitcoin is $100,000 because that is like winning the lottery and it is great if you will grab it rather than not so i think that it is a very great choice to just sell bitcoin to that price.
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Patience is a virtue and it is always paying off to the people who can wait because if you can wait then you just watch the market of bitcoin and wait for the price dips in the market because in my own point of view, it is better to grab some bitcoins in dips and not in the peak prices.
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I will choose bitcoin because the bitcoin has a really great market where its price is keep on rising and it is not unstoppable and even there are altcoins that are great as an investment, they can't do anything because the bitcoin is still the king and everybody needs to follow bitcoin so there is no chance for altcoin to win this kind of game.
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Under what circumstances is trading preferred over holding?
Btc reaching 10k$ way before new year is a big shock,your opinions would be very helpful.
Much better both method you do, the trading and holding. In trading there's a spot of earning if you are good trader especially in day trader but this is so risky compared to holding for a long run. In trading you must know the strategy and analized very well or else it will lost all your fund. Very good decision for me if you do both trading and holding let say 20% of your fund in trading and the rest is saving. It is really worth it to try those two so we cannot miss the opportunity for the possible profit in holding and trading so we can both play with the volatility of the market and also the potential price of the coin in the long term run so it is best to just do a great money management plan for your own money in the future so you cannot miss any opportunity. |
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I think that the price of bitcoin can reach that price because 2018 is coming and that year has a lot of time for the investor and traders to catch up so if you really doubting about the possible profit that you can get in bitcoin if you buy right now then just think on the difference from $50,000 and $10,000 which is the price right now.
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Trading is more profitable than holding the coins alone because if you will trade it then you will have a lot of advantages that you can have like you can choose which coin you want to trade in order to make your bitcoins grow or you can just decide if how many bitcoin do you want to have after a few weeks of trade.
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This is possible if you have some bitcoin that you have got for free because i already done the same thing before when i was just trading all of the shit coins in the market. I do short trading in those shitcoins that just after a few weeks i turned my 0.07 bitcoin into a whole bitcoin by just trading and that is the best time for me.
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i believe if we have a good source of money and knowledge to get involve in bitcoin investments, so it wont be a problem if we quit our job to make invesments, but you should know, investing can be very dangerous you can lost money if you slow or having no informations and sometimes boring because you just sit at home working.
Well i believe it is not really advisable to quit our job for bitcoin because our job is already our job before bitcoin exist from the past our job will really our asset on supporting our daily needs.I think there is no use of quiting our job to do bitcoin when we can do both bitcoin and our job.Bitcoin today is really amazing you can do it even in a short period of time and it really works. Yeah, bitcoin is not that stable and all of the source of income in bitcoin is not stable too so there is a high chance for us to lose a lot of money if we will just depend in bitcoin because the market might collapse and it will result for losing a lot and it is just better to stay safe by having a job for expenses and also bitcoin for investment. |
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You should continue trading. Trading is not always giving profits because there are times that you need to accept losses and make them as a life lessons so you can be better in making decision in the future. Losing 40% of your capital is small compare to other people who almost loss everything but still didn't give up in trading for trying to recover those losses.
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