It is a pity that you got into such a situation! I also did not quite long ago in this market, but this did not happen to me because I chose the HODL strategy and was willing to wait a long time! For an inexperienced person, trading on the exchange is a huge stress with big losses !
Trading is not good today because the price is becoming stable and sometimes more fall. Truly that trading is stressful but watching the chart whole day is much stressful and you cannot enjoy it. For now what is good to to is holding the coin that has potential and wait it recovers. |
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There is no price basis for a coin to be considered dead. when the coin is no longer a user or interested person, and dev does nothing for their coins, it is considered dead. the exchange delisted because of that. coin does not have a future, prices are manipulated by pumps and dumps. and there is no update from the developer.
I agree. There is no basis what price the coin has to be considered die because sometimes it just fall but the development not yet done and giving the investors more opportunity and support it. The coin that considered dead is a coin that has no update about it and abandoned by developers and no more investor interested on it. Coin keeps on falling and do not get up again and forget in the market like it did not exist. |
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people who are easily affected by negative issues that are not just just pessimists, and they cannot be said to be true bitcoin holders. Because true bitcoin holders are those who always support bitcoin when bitcoin is destroyed and victorious, they remain loyal ... !!
I agree. True bitcoin holders keep calm and being positive even the price falls. Those who contribute in more fall are not really a holder but a trader that cut their lose. We have to be loyal and believe on the potential of the coin. We have patience and keep calm and get opportunity while the price cheaper. We have to stay calm for us to make good decision. |
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gold is still the best asset at this time with passive value growth. I allocate less than half of my savings for living needs, the rest I set for the purchase of increasingly scarce assets, including gold, land and housing. Because I am also still active as a trader, crypto active asset allocation is also quite large, I still have to balance between savings, active stock and assets as much as possible because everything is very potential in accordance with existing needs.
Still, most of the people choose traditional banks to save their money. Gold is also a very good choice but you need to store it in the safest place (banks also). Rich people deal with antic things and make big money on this stuff. I would like to save my money on real state asset which could bring profit for long term also. Land is the best because you can make an establishment on it offer for rent. Think it is much better than putting all in banks because it just increase for small interest even e long time. You have to make it grow and usable. That is my goal, to have a passive income from that and save for future. |
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You already answered your question. It is obviously depends if you are a trader or a holder. If you are a holder, the best thing to secure your coins is on hard wallets. If you are a trader, just store it on trusted exchange so that you can easily trade it when needed. Just make sure that you activate the highest security of your account such as 2FA.
Already, and 2FA does not always save, if the exchange is hacked, there could be no protection. Having a hardware wallet we protect ourselves very well. The main thing is not to lose a piece of paper from the Ledger with passphrases for recovery. 2fa's , hardware wallets , strong passwords , etc all of them are the same . when i say the same id say all of them is still useless because no matter how you secure your wallet/account it can still be hacked and you cannot avoid it becuase hackers are verry smart . so overall , the best thing that we can do is to avoid putting huge amount of cash in your wallets/accounts online so that you can avoid unecessary problems that may occur on the future . Almost of the wallet and exchange are using two factor authentication. if it is not secure your account, I can say that you are not good in securing privates keys of your account. Using authenticator can give satisfying security and secure your accounts and no need for hardware wallets. It is about how you keep important information about your accounts. |
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If bitcoin were to be accepted, on the condition that it should be regulated. Do you think it should be done, disregarding its decentralized nature?
If Bitcoin is accepted in all countries as you say, i think the adjustment will be acceptable in our community. But how important is the adjustment at that time? Perhaps the acceptance is just time when the presence of Bitcoin is growing. I agree. More acceptance because the bitcoin show the potential of growing and that time when people accept it. Everyone have to see the benefit from bitcoin and for the government for them to accept the decentralized currency. That change can be acceptable and we are going to adjust for it. Technology grows faster and this new thing can be widely used. |
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This is a very optimistic post. But I think that if you started bounty one year earlier, your success would be much more ambitious. Now it is very difficult to achieve big earnings in Bounty.
I agree. Now, you cannot expect that much like we earned before. Just be optimistic and you can find a good project. Joining a bounty for that long can make you lose hope but when it is for the good successful of the project I will support till it implement on the market. We cannot earn if we change our campaign because almost of bounty projects are expanding their time. |
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I wouldn't tell much but will use simple words such as its a digital currency that can be use as payment for goods and services online whereas the seller is willing to receive bitcoin.
It has an unstable value that the market gives depending on the demand and supply of it. And if that isn't enough its better for him/her to watch tutorials that's explanation bitcoin with some visual graphics.
It is good to tell the basic first for them to realize how bitcoin work and the benefits of it that can give. I have to tell that not only can invest on bitcoin but also it can used for paying goods and services and this can give change to everyones life. You have to adopt the goodness of having knowledge about bitcoin because you can able to earn it. |
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Trading is always stressful. Although this stres destroy most of people and make them a zombie, some people take it as a game or something and use this stress for their benefit. Everybody can find a way to deal with stress, I mostly prefer to run, play basketball or watch a movie. Trading is also a basic way to see your own limits.
Everything that you do for living in this world is stressful, it just every people know how to handle their stress. Trading is stressful because you have to see the chart and analyze it but you have to relieve it because stress won't help sometimes to have successful result. When the market is down, you have to leave it and come back later, exercise your body and mind to continuously work with positivity. |
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It is the one of the main deal that has to be done if you are working with crypto. Having something doesn't mean that it is enough to get money, you must work hard too.
You have to be satisfies on the result. You do not have to be greed and ask for more if it is more than what you expect for. You work hard and be thankful on what you have gained from it. People do not contented when they see an opportunity but do not put all on it, you have to know your limit and be happy on it. |
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I have seen quite a number of topics here where people have been selling or asking for advice whether to sell their properties to invest them in bitcoin. Am surprised some people forget that crypto investment is not always a win affairs. You either lose or win. You can as well make profit in crypto with small capital if only you have the patience to hold and wait for the time when the market is booming. Do not be a greedy investor. Always invest with an amount you can afford to lose. Have a nice day.
When I started crypto I didn't invest anything to start with. I just joined a lot of bounty programs from there I got my funds for trading. we could collect our money from bounty campaign, and after get alot we could use it as capital to start trading.so we did not spend our money at all to start it. I agree. There is where I started. I do not have money to invest and I do not know yet a lot about potential coin so as you starting g to learn, it is good to join bounty and signature campaigns because while you are learning you also are going to earn new coins which is profitable before unlike now. There is where I gain what I use to trade sometimes but mostly long term investment. |
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The benefits that bitcoin gives us are enormous. It makes our lives better with faster and cheaper deals. Moreover, it protects the user's information by its anonymity. Many people have changed their lives by investing bitcoin. From the scriptures, we can conclude that bitcoin is a savior
It is really a savior to change our daily life and something to earn good that give us financial freedom. We must be thankful for the development of it because even we are unemployed we are able to earn and have something to make investment. Though it is volatile but this fact help for more opportunity to have more volume at cheaper amount and make good profit. |
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The same reason people invest in ICOs that are scam because they might not have done enough research, greed, etc.
You're right, there are a lot of greedy people here. and probably because they do not have a deep analysis, so they just want to "just go" to get a free token just by doing the easy thing That is worst thing to still follow the project when everybody tell that it is already scam. That hunter do not updating the project just continuing what his doing and wait for the good reward. Even in the real state, there are people who scam other people for easy money. People are getting greed though they know that they are being used. Scam project, even how long you are loyal and believe on it to pay, at the end it worth nothing. |
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Of course, once you invest in bitcoin then you have to accept that there will be times when you will lose. There is always a risk in this cryptocurrency and investments always face risky.
Investments always have risk and investors have to face it. There is no safety accept for their account where they store bitcoin. Cryptocurrency involves losing and gaining, it is about how you handle it and accept the result. You have to accept that only real state asset has no risk because the price is stable unlike crypto that very volatile and you have to wait for the good price. |
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I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?
Sure, there are a lot of times this topic already discussed. I think you put all the money in one and two or more currencies whatever it's not full safe. If you interested go to this plan but you have to more risk even initial money trigger into half or less in any stage. I think you shouldn't play this game with big amount. When you want to put only one coin for investment for all of your fund,.it is good to get the coin that has potential on the market and your are willing to take long term and ready to take all risk. Many are advising to diversify investment to secure and make safe your funds because different coin has different potential and different time when to increase the price but if you want to take only one, you have to take more potential coin and be patient. |
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While many of us wants to earn from cryptocurrency, we must also take into consideration of going through the process of learning about it of course. Learning is always the first step. As you can see there is "EARNING" in the word "LEARNING". So that's it, we have to learn if we want to earn.
Do you believe me? What do you say?
At first, when I enter cryptocurrency world I thought about only earning money but eventually, I have realized that learning is part of it. If you want to have more money and more crypto tokens, you have to learn the what, how, when and where about Cryptocurrencies. Learning is really vital when we talk about money, trading and investing. Learning is where we start and we keep learning as we keep doing what we desire to do. Even from experience we learn things to make our life better. It is right that we must learn for us to achieve success and face every challenges. Risks is always there but we learn how to handle it and able to share the knowledge to others. |
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I think that now it is worth investing in cryptocurrencies, as they will not fall more this year. Now one of the best moments when you should start investing in cryptocurrencies.
I agree. Price is more fall this year and good to have more to hold and have patient to wait for long to gain good profit. There could be good bounty that good to support which going to become successful and have a good contribution of the in the market. I am looking forward on the projects that really has potential. |
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i am new here ... i would like to ask what is your opinon about these sites .. it seems very easy way
to make Bitcoin.
Is there is some trap or something to look at?
thank you!
if you want to study, of course there are many who will help you. because here is already considered a friend, and whatever your question will be answered. in bitcoin there is no trap, but our choice in living things we want. When you click a wrong site that could be a trap but of you are pertaining to this site, there is nothing to worry about. Many are earning from this site and learn more things about crypto currency like you. You have to learn and explore things for you to get how it really works to change our life. You are on the right site where everyone is friendly and want to share there ideas when you have questions to ask and help when you cannot understand things. |
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If you buy bitcoin or altcoin at medium price and wait for the price increase to sell profit but it drops down you can not sell because of capital loss. So nobody sells at a low price and Hold is right to minimize risk.
I think not only hiding can be a solution for you to help help the market price to rise buy also buying more volume while it is cheaper because the price fall more as many get panic and cut their losses than holding. When price fall more many are getting panic and contribute for price to drop and lose value so we have to take chance to buy for more and gain profit when price recover. |
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What is meant by bitcoin can't be exchanged with usd and can't buy with usd? Then how for beginners get bitcoin if usd doesn't exist?
This will be hard for newly investors when there is no exchange from fiat. It is the tool we used for investment if we do not know the other way of earning bitcoin like signature campaigns that we direct bitcoin from it. We cannot able to buy small need in little amount when we are going to used it for payment either. |
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