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bitcoin will take a very hard time to catch up with the benefits of fiat money, but rightnow we are appyling bitcoin technology to replace fiat money more and more such as no more paper money in payments, however bitcoin is still not completely compatible to replace fiat money, it is still having so much problem in fees and slow transactions, so it make take a long time to see bitcoin replace fiat money.
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as of now, bitcoin price is less than 9.000 USD, and the graph is really bloody and still falling.
what is your plan for your bitcoin?
sell now or buy more and wait for the rocket?
i think i will choose to hold rightnow, we are getting closer to the Lunar new year, the closer we get, the more people will sell their bitcoin to celebrate the new year. i believe bitcoin will suffer the drop drastically in next weeks, so you should hold, don't sell rightnow because after this celebration, bitcoin will rise back again. |
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How to spread awareness of Bitcoin in a way so that old people start to use more bitcoin?
i admit this is a great idea but can hardly happens in real life, not any elder people will easily accept that fact that bitcoin can easily replace paper money in the future. So we can not do much things to unless we show to them how bitcoin has worked too great to be worthy for everybody by applying bitcoin more and more in real life payments. |
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a newbie in this market should never be hurry in trading, this will probaly effect your money badly because a new person who don't know anything about crypto will never success in trading, they don't have enough knowledge or informations to make a trade order, so they can only base on guess, and guess trading will surely makes you lost more than earning money.
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For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.
i believe bitcoin will keep dropping more in the next few days, there are many big whales agreed with the opinion that the price will be very much lower than now, so this is the time for us to buy bitcoin now, you don't have to wait until it gets too low, if you can buy bitcoin as low. as possible then the higher percentage you may have profit in the future. |
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bitcoin is too low rightnow, if you think that you still have profit from selling bitcoin, then you should sell rightnow, because i affraid it may drop even more tomorrow, however if you have lost too much from holding bitcoin, then holding rightnow is the only option, we can only wait until this crash stop in the future and rises back again.
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i think you should have known about the situation of bitcoin rightnow, bitcoin is still struggling at 11000$ and no sign of rising up, so it is very hard to reach higher than 50000$ at the end of this year, much less 100000$, we may witness bitcoin rise very much in 2018 and still a very long time to reach higher 100000$
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take your chance to buy some ethereum and NEO rightnow, we may never have the chance to buy them at a very cheap price like this agian, they may rise very fast in the future because they are being hunted by most of investors all around the world when the price low, no one can deny the advantages of their own characteristics, so using 600$ to invest in them can be very worthy.
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difference between mining and investing bitcoin.
Which of the two options and more profitable???
i believe if you want to focus on getting more profit then choosing to invest in bitcoin will be much more profit because trading bitcoin can help you get more incomes from trading, also holding bitcoin for long term will bring you profit when the price gets higher in the future, however investing in bitcoin also has its own risks that you may loose money if trade fail or the price drops. instead mining bitcoin is much safer because you always earn little amount of bitcoin everytime, however it costs you huge fee all the time. |
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Both John McAfee (creator of the antivirus program) and James Altucher (entrepreneur, hedge fund manager and author) have made a claim that BTC will hit $1 million by the end of 2020.
That means that the market cap will be about $20 trillion or so. If BTC is 33% of the entire market, that means the cryptocurrencies market will be a whopping $60 trillion, or 1/3 of all the money in the world.
Too crazy to happen? What do you guys think?
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@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
stop dreadming like that man, even rightnow, bitcoin is still having a very hard time to reach 20000$ much less 1 million, from now to 2020, bitcoin will only reach 50000$ is top, i don't think reach higher is impossible but face the fact that bitcoin will take a very long time to reach 1 million, while bitcoin is still very fluctuative around 11000$ rightnow. |
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i think that definition depends on how you earn money and use it, as an example, if you earn bitcoin from gambling but keep using that reward for playing bigger gambling but based on a lucky game, then it is not investing. Investing is using your money to earn more money from what we have then keep using the profit we have to do the bigger investments with thoughts, evaluating, timing and making decision to invest in bitcoin.
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Hi guys,
A friend of mine told me this was a good time to start invest in Bitcoins because he believes Bitcoin wil grow up to 30/40k $ this year. Now I have the question is he telling the truth? Is this the time to invest? And how much money should you invest to get maximum profit.
i am sure that this still a good time to buy bitcoin now, its price recently is still very low compared to last month, so we all have the chance to buy with very cheap price. think a bout it, in the future, surely the needs for bitcoin will be much greater than now, the price for each Bitcoin will be higher than 30-40k$ for sure, so if you want to have profit from bitcoin investing you should do it rightnow. |
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That called trading but long term trading, if you sell it now and buy other coin that has more potential that called short trading, each trading need different level skill and level risk. But in my opinion bought one coin with all money is risky so to manage the risk should be buy minimu 2 different kind of crypto.
Yup, that's true, i lost my money due to trade only just one specific coin, I know trading can bring us huge profit everyday but it also has the potential risks to take away our money, so depends on 2 different kinds of trading, we can have our own strategies to trade to minimize the risks when we trade, so in my conclusion, trading cryptos can be very worthy if we have enough knowledge and experiences to stay alive in this market. |
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For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?
Trading is not a easy job, it is always risky so we are required a calm and clear mind in trading because not everytime we will have profit, and we may loose all the the time without any knowledge about cryptos, i also have lost so much money in trading, but only a big trading could be very beneficial for those who are good traders, so i will keep trading and learning from my mistakes to be better in the future. |
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In trading, there are many ways of loosing, first is when the preice suddenly drop too fast, and we don't have enough bravery to hold for long term so we accepted to sell with a cheaper price, so we accept to have less profit than befor. the second situation is when the we sell to low and buy back too high, in this case we don't even have any profit at all buy loosing money to buy back.
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Hey guys, I'm not saying that I think bitcoin is going to crash but. This image should be scary to anyone holding BTC. https://imgur.com/a/JhvEa there is nothing to be that scared because this is not just the first time bitcoin drops that fast, there are many times that bitcoin dropped before, but eventually bitcoin has risen back again, so i suggest you should be patient in this situation, bitcoin drops is the chance for you to buy with low price so you should take the oppotunity, it may help you have the better chance to get high profit in the future. |
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Before choosing to use full time in crypto trading, you should know very clearly that trading is not an easy job for anybody, may be very stressful than your job before because waiting and holding coins too long will make you tired and stress very soon, so without any experiences about trading, then don't, you can work both full time at company and trading crypto at home but still be able to have more incomes as long as you can use the time perfectly and understand about trading.
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i believe the greatest altcoin on the market that is worthy to invest rightnow is just Ethereum, it has been so much popular to many investors on the world, but its potential to rise higher in this year is possible, and moreover, the applications of ETH on real life is becoming more important so i will invest 100% in Ethereum if i have to.
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depends on each situation and the the recognition of the child and will they want to have experience about the crypto market, if they have high skill level of recognition about crypto, we can teach them soon, or usually we can teach them while they grow up old enough, they age they community recommend to teach them is above 15.
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yeah, probably because the rightnow bitcoin is anonymous, there are no government can trace out bitcoin users and track them out, but the government
now can charge taxes on us because the willingly of the people. the blockchain system has been working so perfect that every transactions on the internet can hardly be controlled by governments. unless bitcoin is centralized in the future, bitcoin will never be taxed.
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