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Myetherwallet may be hacked but your fund can not be stolen since is not on myetherwallet. However, if you enter your private key on hacked myetherwallet website or any other phishing site, your entire fund will be stolen. So you must be careful and always double check MEW address including been attentive to crypto news, FUD etc.
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Holding bitcoin or ethereum is a must if you must see a significant increase and profit in your portfolio. Currently bitcoin ethereum is known as cryptocurrency leader and I will be holding both until my target price!
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Cryptocurrency market is multi-billion Dollar market. If you miss an opportunity on one crypto, you can bet that there is another crypto somewhere gearing up to move up in price. You need to be clear minded and pro-active get emotional about loss opportunity will rob you of another staring you in the face!
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The more you double down on your investment, the more profit you get when the market rebound. For many experienced cryptocurrency investors these these market bear are the most important period where serious profit were made. If you sell now you have lost!
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Firstly, Bitcoin and Ethereum are not shitcoin. And you were talking about crash simply because of transaction delay. This delay are temporal bitcoin scalling issue will soon be address and there is nothing legit about wtc from shit poster!
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Nobody can really assure you of this! Cryptocurrency over the years seem to be on upward trajectory! If your reason for holding are genuine and you have had fundermental of your crypto asset covered, then you are good to go!
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One of the things to do beside speculating and been influenced by all other factors that comes in to play of which you can not control when you are trading is to learn as much fundermental as possible. Been able to read and understand what the chart is saying will put you in most advantageous position and in that position, there is no fear!
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When you have a total of bitcoin that is 21 million and all of it has not been mine yet. You also have a currency that is divisible by 100 million but it's price is far less to 7 figures, How would anyone call such value currency a bubble? Bitcoin is not a bubble!
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There is no silver bullet when it comes to bitcoin investing, You just have to learn how the market works and in particular how the market and your trades having been working for you and stay with your style and solidify it.
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Sometimes yes! but I am also impressed that trading enable you to make a lots of bitcoin that I do not think its possible to earn in 5years! In one quality trade, you could make all the bitcoin needed in a year or more. Trading cryptocurrency is amazing.
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To be very clear, I do not sell my coin. Why? because I do not believe in fiat! My portfolio do take care of my expenes. I only withdraw my coin to fiat only when bitcoin is not accepted for a particular transaction and there is no third party payment processor!
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You can make money through various means in cryptocurrency community! The most realiable however is through mining! Learn how to set up mining gear couple with all sort of mining algo there is. Once you are sure of what you want, then start mining!
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As bitcoin and cryptocurrency enthusiast I will choose a decentralized asset or currency above any centralized one. The manipulation, lack of efficiency and also bad behaviour is what characterized centralized system and I think centralized currency should be avoided like a plague!
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Hold strategy still carry the day when it comes to your trading and investment approach to bitcoin. Bitcoin rally in 2017 was the fastest in all finance and asset appreciation history. 2018 is going to a year of stability for bitcoin!
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Just like any skill or profession, you must pay your dues in mastering your art or skill! People that panic sell and those who can not wait to take good profit from their investment are either suffering from inexperience or are panics!
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Taking hold of yourself emotionally does not come to you automatically, you will have to experience emotional upheaver before you start to learn how to be more rational than emotional when it comes to trading cryptocurrency! If you can handle your emotions by yourself, then you need to see a therapist!
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The only wat to improve in your trading is to trade a lots. Many people think sellng and buying is trading, but we all know is way more than that. Sometimes, when you focus on just one aspect of trading you may be losing future million that should acrue to your portfolio!
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Selling is not an option for me when it comes to bitcoin. I just don't sell bitcoin. If there is monetary need in fiat! I can sell a little to offset any need! And most of the time, my expenses are planned years ahead
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